Quantum Dice - Now Featured on MoneyPot | variable HOUSE EDGE as LOW as 0.01%

QuantumDice9

newbie

Activity: 56

Merit: 0

Quote from: Buziss on August 26, 2015, 04:50:36 AM

Quote from: waterpile on August 25, 2015, 08:22:33 PM

Quote from: Rmcdermott927 on August 24, 2015, 10:08:34 PM

Come on down, and play guys. Variable house edge - It goes as low as .01%

putting up a .01% house edge seems a very risky approach.

First, the house edge varies randomly from 0.01% to 1%. Also the app owner has no risk at all here, as he is going to take the same commission no matter if a bet is winning or losing. Lastly, the investor takes very little risk as well as the max profit allowed per bet is calculated by Moneypot using Kelly formula, and thus the investors are risking only 0.01% of their funds for such bets.

Yes, correct. Every time a player comes to the site, I hope they win. They can win as much as they want and I would still profit as I get paid whether they win or lose. It is in my best interest for players to win, as they are more likely to come back.

Buziss

hero member

Activity: 896

Merit: 1000

Quote from: waterpile on August 25, 2015, 08:22:33 PM

Quote from: Rmcdermott927 on August 24, 2015, 10:08:34 PM

Come on down, and play guys. Variable house edge - It goes as low as .01%

putting up a .01% house edge seems a very risky approach.

First, the house edge varies randomly from 0.01% to 1%. Also the app owner has no risk at all here, as he is going to take the same commission no matter if a bet is winning or losing. Lastly, the investor takes very little risk as well as the max profit allowed per bet is calculated by Moneypot using Kelly formula, and thus the investors are risking only 0.01% of their funds for such bets.

waterpile

hero member

Activity: 602

Merit: 500

Quote from: Rmcdermott927 on August 24, 2015, 10:08:34 PM

Come on down, and play guys. Variable house edge - It goes as low as .01%

putting up a .01% house edge seems a very risky approach.

bryankek

member

Activity: 88

Merit: 10

Quote from: Enzyme on August 25, 2015, 06:10:09 AM

Quote from: yahoo62278 on July 15, 2015, 04:41:34 AM

I LOVE THIS HOUSE EDGE LOL no joke guys i started with 3500 bits betting slow n steady. so far ive withdrew .135btc and have 30k bits left to play on. cant argue with that at all

I bet the owner wouldn't make the house edge 0.01% if he had to maintain the bankroll ;P

I'd consider this spam. Replying to ancient posts and not reading properly. The current house edge at qdice is variable.

Enzyme

sr. member

Activity: 420

Merit: 250

Quote from: yahoo62278 on July 15, 2015, 04:41:34 AM

I LOVE THIS HOUSE EDGE LOL no joke guys i started with 3500 bits betting slow n steady. so far ive withdrew .135btc and have 30k bits left to play on. cant argue with that at all

I bet the owner wouldn't make the house edge 0.01% if he had to maintain the bankroll ;P

Rmcdermott927

legendary

Activity: 2254

Merit: 1140

Come on down, and play guys. Variable house edge - It goes as low as .01%

QuantumDice9

newbie

Activity: 56

Merit: 0

Site will be unplayable for a few hours while we work on an update. Thanks for the patience.

QuantumDice9

newbie

Activity: 56

Merit: 0

Quote from: shulio on August 18, 2015, 08:30:25 PM

Quote from: iqlimasyadiqa on August 18, 2015, 06:25:45 PM

I thought I was going to win, all changed in a very short time and I lost a few million satoshi. This is a nightmare

You are crazy to think that this low house edge will help you win here. It is luck mate and you can lose at this low house edge as well. Few million satoshi is very low, some people have lost huge here

Exactly, even if there was 0 house edge, it's pretty easy to lose. It's also easy to win. Obviously, don't gamble more than you can afford to lose.

shulio

legendary

Activity: 1540

Merit: 1016

Quote from: iqlimasyadiqa on August 18, 2015, 06:25:45 PM

I thought I was going to win, all changed in a very short time and I lost a few million satoshi. This is a nightmare

You are crazy to think that this low house edge will help you win here. It is luck mate and you can lose at this low house edge as well. Few million satoshi is very low, some people have lost huge here

FrozenOne

sr. member

Activity: 266

Merit: 250

Quote from: iqlimasyadiqa on August 18, 2015, 06:25:45 PM

I thought I was going to win, all changed in a very short time and I lost a few million satoshi. This is a nightmare

You lost $5 gambling? That sucks, dude. Come cry to me when you've lost over $10,000 like me. Tongue

All pleasantries aside I do like this site. It has a certain flair you don't see at any other dice site. I'll be back to get what I lost from this site. I WILL get back what I lost. *twitch*

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

I thought I was going to win, all changed in a very short time and I lost a few million satoshi. This is a nightmare

QuantumDice9

newbie

Activity: 56

Merit: 0

Quote from: masterzino on August 17, 2015, 07:21:15 PM

Quote from: arallmuus on August 17, 2015, 05:20:50 PM

Quote from: masterzino on August 17, 2015, 02:31:21 PM

I predict that QuantumDice will have a bright future so i do not understand your move to quit

First of all , no one can predict the future as anything could happen. Owning a dice site now isnt totally like few years back where everyone could just throw away a dice site in the gambling board and people will be swarming it. Take into account that there are alot "older" sites around here and it takes more alot to gather some players from all of these dice sites around here

Second is that, he is not doing it for profit but much rather for getting some knowledge about technical aspect (references below)

Quote from: ndnh on August 11, 2015, 03:28:37 AM

I agreed around 20% share with him, so that I can just know and observe the technical aspects of it.

I used wrong words thanks for correction! I just wanted to say it has huge potential to grow and rise above other MoneyPot untitled dice clones

Thank you for the kind words. We have some promotions coming up sometime next week. Stay tuned.

Monopoly

hero member

Activity: 546

Merit: 500

Quote from: Buziss on August 17, 2015, 07:15:29 PM

Quote from: Monopoly on August 17, 2015, 07:01:39 PM

Quote from: Buziss on August 17, 2015, 06:21:14 PM

Quote from: Monopoly on August 17, 2015, 06:10:20 PM

Is there any bot for this site like dicebot ?

There is a built-in autobet system called QBot. You can find it on the top left corner of the page.

There is no roll under and roll over?

At the bottom right corner of the QBot panel, you can set your betting mode among "Hi", "Lo" or "Hi-Lo Alt".

No i don't look for this at Qbot .....

masterzino

hero member

Activity: 1218

Merit: 513

Quote from: arallmuus on August 17, 2015, 05:20:50 PM

Quote from: masterzino on August 17, 2015, 02:31:21 PM

I predict that QuantumDice will have a bright future so i do not understand your move to quit

First of all , no one can predict the future as anything could happen. Owning a dice site now isnt totally like few years back where everyone could just throw away a dice site in the gambling board and people will be swarming it. Take into account that there are alot "older" sites around here and it takes more alot to gather some players from all of these dice sites around here

Second is that, he is not doing it for profit but much rather for getting some knowledge about technical aspect (references below)

Quote from: ndnh on August 11, 2015, 03:28:37 AM

I agreed around 20% share with him, so that I can just know and observe the technical aspects of it.

I used wrong words thanks for correction! I just wanted to say it has huge potential to grow and rise above other MoneyPot untitled dice clones

Buziss

hero member

Activity: 896

Merit: 1000

Quote from: Monopoly on August 17, 2015, 07:01:39 PM

Quote from: Buziss on August 17, 2015, 06:21:14 PM

Quote from: Monopoly on August 17, 2015, 06:10:20 PM

Is there any bot for this site like dicebot ?

There is a built-in autobet system called QBot. You can find it on the top left corner of the page.

There is no roll under and roll over?

At the bottom right corner of the QBot panel, you can set your betting mode among "Hi", "Lo" or "Hi-Lo Alt".

Monopoly

hero member

Activity: 546

Merit: 500

Quote from: Buziss on August 17, 2015, 06:21:14 PM

Quote from: Monopoly on August 17, 2015, 06:10:20 PM

Is there any bot for this site like dicebot ?

There is a built-in autobet system called QBot. You can find it on the top left corner of the page.

There is no roll under and roll over?

Buziss

hero member

Activity: 896

Merit: 1000

Quote from: Monopoly on August 17, 2015, 06:10:20 PM

Is there any bot for this site like dicebot ?

There is a built-in autobet system called QBot. You can find it on the top left corner of the page.

Monopoly

hero member

Activity: 546

Merit: 500

Is there any bot for this site like dicebot ?

Buziss

hero member

Activity: 896

Merit: 1000

Quote from: arallmuus on August 17, 2015, 05:20:50 PM

Second is that, he is not doing it for profit but much rather for getting some knowledge about technical aspect (references below)

Quote from: ndnh on August 11, 2015, 03:28:37 AM

I agreed around 20% share with him, so that I can just know and observe the technical aspects of it.

Plot twist: ndnhc has mastered the technical parts in the past days, and is now working on his own site from scratch. Just my wild guess Tongue

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: masterzino on August 17, 2015, 02:31:21 PM

I predict that QuantumDice will have a bright future so i do not understand your move to quit

First of all , no one can predict the future as anything could happen. Owning a dice site now isnt totally like few years back where everyone could just throw away a dice site in the gambling board and people will be swarming it. Take into account that there are alot "older" sites around here and it takes more alot to gather some players from all of these dice sites around here

Second is that, he is not doing it for profit but much rather for getting some knowledge about technical aspect (references below)

Quote from: ndnh on August 11, 2015, 03:28:37 AM

I agreed around 20% share with him, so that I can just know and observe the technical aspects of it.

Topic: Quantum Dice - Now Featured on MoneyPot | variable HOUSE EDGE as LOW as 0.01% (Read 10821 times)