PD3, Earn 500% of Commission! - page 2.

zzaza

legendary

Activity: 926

Merit: 1000

Zoltan - PD Moderator

Quote from: Acidyo on August 25, 2014, 11:36:04 AM

You are just asking to get a whale to play on your account, then not pay up and get negative trust rating? Is that what you want? Cheesy

Imagine someone comes and wins 100 btc and wagered 1000. Like some have done, you would get 1 btc from that (maybe 2 if you have the boosted one) and you would have to pay the whale 5 btc. Would that be fun for you to have to pay that whale or lose your trust rating on this forum?

Maybe use a more realistic % next time.

Also it clearly says 500% of commission on the title and that could mean anything. Is it 500% of the commission you get? Or is it 500% of the original commission? Make things clear for people.

I agree with acidyo, this can be easily unfortunate for you...

Acidyo

hero member

Activity: 588

Merit: 500

Will Bitcoin Rise Again to $60,000?

You are just asking to get a whale to play on your account, then not pay up and get negative trust rating? Is that what you want? Cheesy

Imagine someone comes and wins 100 btc and wagered 1000. Like some have done, you would get 1 btc from that (maybe 2 if you have the boosted one) and you would have to pay the whale 5 btc. Would that be fun for you to have to pay that whale or lose your trust rating on this forum?

Maybe use a more realistic % next time.

Also it clearly says 500% of commission on the title and that could mean anything. Is it 500% of the commission you get? Or is it 500% of the original commission? Make things clear for people.

Aemon

sr. member

Activity: 308

Merit: 250

Quote from: jeffthebaker on August 24, 2014, 10:46:30 AM

He probably wants to get the referral/commission acheivements to level up and get a higher faucet value. Honestly it's not that difficult of a concept and I doubt anyone would be scamming for pennies.

True, but if a whale were to come in and wager, he wouldn't have the funds to pay for everything (from my previous math examples).

If a whale came and wagered 1,000 BTC he would have to pay 2BTC*5 = 10BTC

I highly doubt he has that much, but I may be wrong.

jeffthebaker

legendary

Activity: 1526

Merit: 1034

He probably wants to get the referral/commission acheivements to level up and get a higher faucet value. Honestly it's not that difficult of a concept and I doubt anyone would be scamming for pennies.

Candystripes

sr. member

Activity: 294

Merit: 250

***THIS ACCOUNT IS NO LONGER ACTIVE***

Quote from: laitela on August 24, 2014, 04:48:26 AM

Why would you do this?
You just lose money...

Well not really, I haven't had to payout to anyone yet.

laitela

full member

Activity: 190

Merit: 100

Why would you do this?
You just lose money...

Candystripes

sr. member

Activity: 294

Merit: 250

***THIS ACCOUNT IS NO LONGER ACTIVE***

No whales so far, and nobody even close to cashout minimum. If you're planning to gamble, why not use this? It lowers your house edge down to only .4%!

Candystripes

sr. member

Activity: 294

Merit: 250

***THIS ACCOUNT IS NO LONGER ACTIVE***

Quote from: Hashforfun on August 22, 2014, 03:13:15 PM

Quote from: Candystripes on August 22, 2014, 02:54:55 PM

Quote from: Hashforfun on August 22, 2014, 02:23:57 PM

I would suggest using escrow for this deal, so players will feel safe and will play under your ref link for sure.

How about you post something relevant to the thread, and use your brain. How can we use escrow? What am I going to do, give em access to my PD account? That does nothing.

I'm not familiar with those commissions but as I understand you are paying from your own pocket? And you pay individually? If not then, I might not know something.

Yes I pay from my pocket, and I pay individually, those are ridiculous questions.

Hashforfun

member

Activity: 61

Merit: 10

Quote from: Candystripes on August 22, 2014, 02:54:55 PM

Quote from: Hashforfun on August 22, 2014, 02:23:57 PM

I would suggest using escrow for this deal, so players will feel safe and will play under your ref link for sure.

How about you post something relevant to the thread, and use your brain. How can we use escrow? What am I going to do, give em access to my PD account? That does nothing.

I'm not familiar with those commissions but as I understand you are paying from your own pocket? And you pay individually? If not then, I might not know something.

Candystripes

sr. member

Activity: 294

Merit: 250

***THIS ACCOUNT IS NO LONGER ACTIVE***

Quote from: Hashforfun on August 22, 2014, 02:23:57 PM

I would suggest using escrow for this deal, so players will feel safe and will play under your ref link for sure.

How about you post something relevant to the thread, and use your brain. How can we use escrow? What am I going to do, give em access to my PD account? That does nothing.

Hashforfun

member

Activity: 61

Merit: 10

I would suggest using escrow for this deal, so players will feel safe and will play under your ref link for sure.

Aemon

sr. member

Activity: 308

Merit: 250

Quote from: Candystripes on August 22, 2014, 01:28:36 PM

Is it that hard to understand. I pay 0.01% of what you wager * 5.

10 BTC * .01% = 0.01 *5 = 0.05

You would get 0.05 for wagering 10.

I am just assuming you have 20% commission because you are offering this as a prize.

And you said that people will earn 500% of the commission you get them.

so, again.

10BTC * .02 = .02, * 5(Because you said 500% of the commission they earned for you)

= .1

Candystripes

sr. member

Activity: 294

Merit: 250

***THIS ACCOUNT IS NO LONGER ACTIVE***

Quote from: Aemon on August 22, 2014, 01:24:01 PM

Quote from: Candystripes on August 22, 2014, 01:14:23 PM

Quote from: Aemon on August 22, 2014, 01:09:27 PM

This seems rather odd?
If I wager 10BTC, and you have the 200% bonus added to your thing, that means I earned you .02 coins. Multiplied my 500% because that's what you are paying, = .1 coins.
So if a whale were to register under you, and gamble 1000 coins, you would gladly pay him 10BTC, when he made you 2?
this seems too good to be true, and usually that means it is!

No, I pay 500% of the 100% I receive, if that makes sense. Go wager 10 BTC, you'll get 0.05, not .1.

Do you not have the 20% that is now offered with the Sig campaign?

I would assume you do?

If you wager 10BTC commission at 20% is .02 * 5 = .1

Is it that hard to understand. I pay 0.01% of what you wager * 5.

10 BTC * .01% = 0.01 *5 = 0.05

You would get 0.05 for wagering 10.

Aemon

sr. member

Activity: 308

Merit: 250

Quote from: Candystripes on August 22, 2014, 01:14:23 PM

Quote from: Aemon on August 22, 2014, 01:09:27 PM

This seems rather odd?
If I wager 10BTC, and you have the 200% bonus added to your thing, that means I earned you .02 coins. Multiplied my 500% because that's what you are paying, = .1 coins.
So if a whale were to register under you, and gamble 1000 coins, you would gladly pay him 10BTC, when he made you 2?
this seems too good to be true, and usually that means it is!

No, I pay 500% of the 100% I receive, if that makes sense. Go wager 10 BTC, you'll get 0.05, not .1.

Do you not have the 20% that is now offered with the Sig campaign?

I would assume you do?

If you wager 10BTC commission at 20% is .02 * 5 = .1

Candystripes

sr. member

Activity: 294

Merit: 250

***THIS ACCOUNT IS NO LONGER ACTIVE***

Quote from: Aemon on August 22, 2014, 01:09:27 PM

This seems rather odd?
If I wager 10BTC, and you have the 200% bonus added to your thing, that means I earned you .02 coins. Multiplied my 500% because that's what you are paying, = .1 coins.
So if a whale were to register under you, and gamble 1000 coins, you would gladly pay him 10BTC, when he made you 2?
this seems too good to be true, and usually that means it is!

No, I pay 500% of the 100% I receive, if that makes sense. Go wager 10 BTC, you'll get 0.05, not .1.

Aemon

sr. member

Activity: 308

Merit: 250

This seems rather odd?
If I wager 10BTC, and you have the 200% bonus added to your thing, that means I earned you .02 coins. Multiplied my 500% because that's what you are paying, = .1 coins.
So if a whale were to register under you, and gamble 1000 coins, you would gladly pay him 10BTC, when he made you 2?
this seems too good to be true, and usually that means it is!

Candystripes

sr. member

Activity: 294

Merit: 250

***THIS ACCOUNT IS NO LONGER ACTIVE***

Quote from: iluvbitcoins on August 22, 2014, 05:29:59 AM

how is this profitable for you?

So far it's been profitable and going all fine. I don't profit, think of it almost like a giveaway.

zzaza

legendary

Activity: 926

Merit: 1000

Zoltan - PD Moderator

Quote from: iluvbitcoins on August 22, 2014, 05:29:59 AM

how is this profitable for you?

I guess he is going for the achievement

iluvbitcoins

legendary

Activity: 2198

Merit: 1150

Freedom&Honor

how is this profitable for you?

goose20

legendary

Activity: 1173

Merit: 1000

Quote from: Candystripes on August 21, 2014, 03:51:58 PM

Nobody wants this? I thought it wasn't a bad deal.

Its a great deal.
But no one trusts anyone in bitcoinland unfortunately.
Sad really.

Topic: PD3, Earn 500% of Commission! - page 2. (Read 3179 times)