MegaDice - Play Instant Bitcoin Dice & Be Part of the Bankroll - page 18.

needFREElunch

full member

Activity: 196

Merit: 100

Hi

Quote from: Wendigo on April 04, 2015, 09:34:36 AM

Quote from: SatoshiDICE_PR on April 04, 2015, 07:37:13 AM

Quote from: ?? on ??

My English is not good so I just want to know how much I can earn everyday If I invest 2 BTC ? Thanks !

It depends on many factors like how much action there is on the site and how much other investors put it. Your expected profit per bet is 0.0095*Your Investment/Total Amount Invested. But if players are luckier than usual, you investment will actually shrink.

So does that mean that you can actually lose your investment? If some whale comes around and wins some coins will you lose your investment?

They stated earlier that you can never lose all of your investment, it will just decrease in value like all investments. There is some risk to this but it is better than gambling as you have a 51% chance to earn money on each bet.

Wendigo

legendary

Activity: 2604

Merit: 1036

Quote from: SatoshiDICE_PR on April 04, 2015, 07:37:13 AM

Quote from: ?? on ??

My English is not good so I just want to know how much I can earn everyday If I invest 2 BTC ? Thanks !

It depends on many factors like how much action there is on the site and how much other investors put it. Your expected profit per bet is 0.0095*Your Investment/Total Amount Invested. But if players are luckier than usual, you investment will actually shrink.

So does that mean that you can actually lose your investment? If some whale comes around and wins some coins will you lose your investment?

SatoshiDICE_PR

sr. member

Activity: 392

Merit: 250

SatoshiDice.com

Quote from: ?? on ??

My English is not good so I just want to know how much I can earn everyday If I invest 2 BTC ? Thanks !

It depends on many factors like how much action there is on the site and how much other investors put it. Your expected profit per bet is 0.0095*Your Investment/Total Amount Invested. But if players are luckier than usual, you investment will actually shrink.

SatoshiDICE_PR

sr. member

Activity: 392

Merit: 250

SatoshiDice.com

Quote from: kpitti on April 04, 2015, 07:18:15 AM

Quote from: SatoshiDICE_PR on April 04, 2015, 06:35:54 AM

Quote from: dznuts85 on April 03, 2015, 09:53:19 PM

Quote from: SatoshiDICE_PR on April 01, 2015, 07:28:18 PM

Daily 0.4 prizes for leader board winners.

from where you will pay this prizes? will it come from the bankroll which the players put their investments or will it be from your own pocket?

Bonuses, giveaways, affiliate earnings leader board prizes etc come from our own pocket. Investors benefit the most from this because it basically gives players more balance to bet and all bets benefit investors with more total EV.

I invest some Bitcoins and so far I happy about my earnings. If this trend will continue, I will consider to invest more.
Thank you

kpitti

legendary

Activity: 924

Merit: 1002

Quote from: SatoshiDICE_PR on April 04, 2015, 06:35:54 AM

Quote from: dznuts85 on April 03, 2015, 09:53:19 PM

Quote from: SatoshiDICE_PR on April 01, 2015, 07:28:18 PM

Daily 0.4 prizes for leader board winners.

from where you will pay this prizes? will it come from the bankroll which the players put their investments or will it be from your own pocket?

Bonuses, giveaways, affiliate earnings leader board prizes etc come from our own pocket. Investors benefit the most from this because it basically gives players more balance to bet and all bets benefit investors.

I invest some Bitcoins and so far I happy about my earnings. If this trend will continue, I will consider to invest more.
Thank you

SatoshiDICE_PR

sr. member

Activity: 392

Merit: 250

SatoshiDice.com

Quote from: shitaifan2013 on April 04, 2015, 03:15:56 AM

still no signed cold wallet?

Not yet, but we will definitely do this soon.

SatoshiDICE_PR

sr. member

Activity: 392

Merit: 250

SatoshiDice.com

Quote from: dznuts85 on April 03, 2015, 09:53:19 PM

Quote from: SatoshiDICE_PR on April 01, 2015, 07:28:18 PM

Daily 0.4 prizes for leader board winners.

from where you will pay this prizes? will it come from the bankroll which the players put their investments or will it be from your own pocket?

Bonuses, giveaways, affiliate earnings leader board prizes etc come from our own pocket. Investors benefit the most from this because it basically gives players more balance to bet and all bets benefit investors with more total EV.

shitaifan2013

legendary

Activity: 874

Merit: 1000

monero

still no signed cold wallet?

dznuts85

full member

Activity: 140

Merit: 100

★777Coin.com★ Fun BTC Casino!

Quote from: waterpile on April 03, 2015, 10:27:31 PM

Whats the minimum investment?

minimum amount to invest is 0.001 based on what i saw on their website

waterpile

hero member

Activity: 602

Merit: 500

Whats the minimum investment?

dznuts85

full member

Activity: 140

Merit: 100

★777Coin.com★ Fun BTC Casino!

Quote from: SatoshiDICE_PR on April 01, 2015, 07:28:18 PM

Daily 0.4 prizes for leader board winners.

from where you will pay this prizes? will it come from the bankroll which the players put their investments or will it be from your own pocket?

Stunna

legendary

Activity: 3192

Merit: 1279

Primedice.com, Stake.com

I'm not saying you guys aren't worthy of trust but I think you should clarify the ownership of the website.

From my understanding & conversation with insiders, SD has been sold/shifted ownership more than one time. Is your group the one that purchased the site directly from Erik Voorhees? I only ask this due to the above posts using that assumption as a basis of trust. Looking forward to some clarification.

Also, solid work with the new site.

SatoshiDICE_PR

sr. member

Activity: 392

Merit: 250

SatoshiDice.com

Quote from: Nocturne on April 02, 2015, 10:28:18 AM

is this place better then just-dice to invest?

If you look at the last 10 day stats on for example dicesites.com and compare, you'd see that you'd get a higher return on Satoshi Dice, but it depends on how much players play after you invest, and if they win or lose.

shulio

legendary

Activity: 1540

Merit: 1016

Quote from: needFREElunch on April 02, 2015, 12:14:15 PM

Quote from: Coef on April 02, 2015, 09:33:50 AM

Quote from: needFREElunch on April 02, 2015, 09:22:49 AM

If you invest do you get returns or loses proportional to the amount you invested? Also what is the minimum investment amount in case I want to test it out? Last question what is the current bank roll?

Answers to your 3 questions can be found in the "invest" page.

If your have contributed to X % of bankroll, and the gamblers lose Y bitcoin, you will earn Y * 50% * X%.
Minimum investment is 0.001 btc, and total investments by players is 549 btc.

I guess my idea of investing 0.1 would not count for much then. Then again now that I think about it even if I make a little it is better than nothing. I'll think about investing if I do I'll post about how it is going or went.

In investing in a gambling sites, you cant actually give a review in a short term, you can post about how is it going is a short term because investing in a gambling sites is more to a long term investment, your investment profit could be in positive or minus depending on the players, if players lose a lot , you might get a few profit even with 0.1 bitcoin

needFREElunch

full member

Activity: 196

Merit: 100

Hi

Quote from: Coef on April 02, 2015, 09:33:50 AM

Quote from: needFREElunch on April 02, 2015, 09:22:49 AM

If you invest do you get returns or loses proportional to the amount you invested? Also what is the minimum investment amount in case I want to test it out? Last question what is the current bank roll?

Answers to your 3 questions can be found in the "invest" page.

If your have contributed to X % of bankroll, and the gamblers lose Y bitcoin, you will earn Y * 50% * X%.
Minimum investment is 0.001 btc, and total investments by players is 549 btc.

I guess my idea of investing 0.1 would not count for much then. Then again now that I think about it even if I make a little it is better than nothing. I'll think about investing if I do I'll post about how it is going or went.

Nocturne

full member

Activity: 154

Merit: 100

is this place better then just-dice to invest?

fox19891989

hero member

Activity: 840

Merit: 1000

Quote from: ShetKid on April 02, 2015, 08:15:27 AM

Wasn't Satoshi - Dice sold to a third party because the original owner was no longer able to manage it ?

Yes, Erik Voorhes sold satoshidice to the current owner, this OP, with the price is over 120000BTC.

"On 18 July 2013, Erik Voorhees announced that SatoshiDice had been sold for 126,315 BTC, or US$12.4 million at the time of the announcement" http://en.wikipedia.org/wiki/SatoshiDice

This OP is extremely rich and bought this extremely overpriced dice site. I think SD's real value was less than 10k btc, but OP costed 120K btc to acquire this site.

I am afraid they won't get the principal back in 10 years.(1 year need at least 12k BTC pure profit, I think only primedice can achieve this huge profit)

psykachu

full member

Activity: 210

Merit: 100

hmm i'll think if i'll invest here

shitaifan2013

legendary

Activity: 874

Merit: 1000

monero

I wasn't able to find a signed cold wallet adress for the majority of the invested bankroll. any hints where to find it?

Coef

hero member

Activity: 882

Merit: 1000

Exhausted

Quote from: needFREElunch on April 02, 2015, 09:22:49 AM

If you invest do you get returns or loses proportional to the amount you invested? Also what is the minimum investment amount in case I want to test it out? Last question what is the current bank roll?

Answers to your 3 questions can be found in the "invest" page.

If your have contributed to X % of bankroll, and the gamblers lose Y bitcoin, you will earn Y * 50% * X%.
Minimum investment is 0.001 btc, and total investments by players is 549 btc.

Topic: MegaDice - Play Instant Bitcoin Dice & Be Part of the Bankroll - page 18. (Read 34685 times)