Pages:
Author

Topic: Quantum Dice - Featured on MoneyPot | 0.6 BTC in profit - page 2. (Read 1568 times)

legendary
Activity: 2254
Merit: 1140
I am interested, have a ton of questions though.  I sent a PM.
sr. member
Activity: 542
Merit: 251

 I think that 0.6 btc profit is not made by quantumdice , it is made by investors+ryan+quantumdice owner.

 So when you get the ownership of this website , do not expect to make 0.6 btc profit in a month.
I think that he had made the .6 btc. This is because if you look at a link he had posted in a thread it said 1 btc of profit was made. He also said that MoneyPot makes 50% of the profit so the .6 btc would be about right.
sr. member
Activity: 616
Merit: 250

 I think that 0.6 btc profit is not made by quantumdice , it is made by investors+ryan+quantumdice owner.

 So when you get the ownership of this website , do not expect to make 0.6 btc profit in a month.
legendary
Activity: 2562
Merit: 1414
"Just to see how these things work"? He made 0.6 BTC in a month, so you want it too.. that is bad plan.

Just a friendly reminder regarding this, Im not sure what is that 0.6 BTC profit but it could be either the profit of the site or apps comission. As per stated it has generated 0.5 - 0.6 BTC and if you look at the status here :

https://www.moneypot.com/apps/85-qdicenet-quantum-dice

Both status of the site profit and apps commission are around 0.5 - 0.6 BTC assuming that apps comission are roughly half of the edge which is not always the case because it depends on the risk that the investor take

If you wish to read more of it : https://bitcointalksearch.org/topic/m.12094918

If the quoted 0.5 - 0.6 BTC profit is the site profit then it will goes directly to the investor of Moneypot's bankroll not the site owner but if the quoted profit is the commission earned than it is actually depending on the wagered amount for the site because apps dev earned a risk free profit from commission
hero member
Activity: 504
Merit: 500
Can I rent it for a month for 0.1BTC? Just so that I can get to know how these things work..

"Just to see how these things work"? He made 0.6 BTC in a month, so you want it too.. that is bad plan.
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
Can I rent it for a month for 0.1BTC? Just so that I can get to know how these things work..
newbie
Activity: 56
Merit: 0
Owner gets paid a certain commission for bringing gamblers to the table(approximately half the house edge x wager size for each bet regardless of outcome). This is a risk free profit.

half of the house edge? That is weird..

Are you sure the info is correct?

Please refer to https://www.moneypot.com/faq
The maths is explained in detailed there. But to simplify things, app owners get paid approximately half the house edge multiplied by each bet wager size, regardless of gamblers profit or loss for each bet.
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
Owner gets paid a certain commission for bringing gamblers to the table(approximately half the house edge x wager size for each bet regardless of outcome). This is a risk free profit.

half of the house edge? That is weird..

Are you sure the info is correct?
newbie
Activity: 56
Merit: 0
Too expensive. You are selling basically just the theme, because you have no stable players and the script is free.

Take note, countless hours have been put in to customize the code and write new content as well. Not to mention establishing the brand and so on. Hence, the starting price is what I think is fair.
hero member
Activity: 504
Merit: 500
Too expensive. You are selling basically just the theme, because you have no stable players and the script is free.
newbie
Activity: 56
Merit: 0
Sorry for the double post but the official thread of this site on bitcointalk is here. The reasons for the sale of this site is also explained there. https://bitcointalksearch.org/topic/quantum-dice-now-featured-on-moneypot-variable-house-edge-as-low-as-001-1120115

tl;dr, starting a day job soon, don't have enough time nor resources to effectively help this site grow.
newbie
Activity: 56
Merit: 0
Description:
Due to personal commitments, I have made the decision to sell Quantum Dice.

Quantum Dice is a fairly new provably fair dice casino with potential for growth.

It is featured on MoneyPot as a featured app and features an elegant design and auto bet.

It runs on the MoneyPot platform and all bets are wagered against their bankroll of 300 BTC(owner do not need to risk his own bankroll)

Owner gets paid a certain commission for bringing gamblers to the table(approximately half the house edge x wager size for each bet regardless of outcome). This is a risk free profit.

To date, Quantum Dice has processed 173,874 bets with a total wagered amount of 140 BTC.

Since starting operation, 0.5 - 0.6 BTC profit have been made(site launched on 13th July 2015).


Purchase of this site includes:
  • Full source code.
  • Domain setup(domain name, cloudflare etc)
  • Bitcointalk account
  • Reddit account
  • Gmail account


Starting bid: 1.0 BTC

Bid increment: In multiples of 0.1 BTC

Buy it now: 2.0 BTC

End date and time: 11th August at 0000 hours +8 GMT.

Payment methods accepted: Bitcoin only

How to bid? Post in this thread or PM me with an offer.

Pages:
Jump to: