Topic: SafeDICE.com ★ Bitcoin Dice ★ Monero ★ 0.5% Edge ★ Fast Cashout ★ Since 2014 - page 103. (Read 275856 times)
April 18, 2016, 07:16:59 AM
It's the variable house edge. Currently SD allows gamblers to go past the 1X kelly by adjusting the house edge.
April 18, 2016, 06:30:03 AM
Quote
I'm not an expert, but wouldn't capping the max profit (at 20%, 30% or even 50% of current bankroll) solve the issue?
What is the issue exactly?
Player being able to win almost entire bankroll in a single bet.
April 18, 2016, 06:00:14 AM
I'm not an expert, but wouldn't capping the max profit (at 20%, 30% or even 50% of current bankroll) solve the issue?
[/quote]
What is the issue exactly?
[/quote]
What is the issue exactly?
April 18, 2016, 03:19:51 AM
1) I already reached out to Anton, gave him my reasoning , what happened from my point of view, and another theory of this chaos
So what's the most likely scenario of what happened from your perspective? Is he simply lying, or was it a case of compromised account (and email?).
4) I'll change the way the kelly system works to avoid similar things happened in the future
I'm not an expert, but wouldn't capping the max profit (at 20%, 30% or even 50% of current bankroll) solve the issue?
April 17, 2016, 10:40:48 PM
Indeed I am also interested.
1) I already reached out to Anton, gave him my reasoning , what happened from my point of view, and another theory of this chaos
2) Someone asked about the additional 9 BTC that I recklessly transferred along. Do not worry, it is on the house. you can see the cold storage is more than enough to cover the entire investment
3) Some people really don't like SafeDice to continue operating. I got blackmailed by a new user named vengefulspirit, he asked for 2 BTC so he can stop DDoS ing our site. Seriously, you take advantage of this moment? Not cool , dude. Not cool at all
4) I'll change the way the kelly system works to avoid similar things happened in the future
I feel the negative opinions in light of the major house losses is mostly due to recency bias and likely coming from people with little stake in the site.
The system is fine. If investors wish to be more risk adverse they can simply set their risk to 1x Kelly instead of 10x. If they do not wish to put their entire investment at risk, deposit 10% of it at a time and reload as needed. Now many may complain, "Well I don't get enough of the house bankroll when I do this!" Sure, but that's what happens when you are risking $1 compared to someone else's $100.
Lastly, if I had the ability to earn 8% ev in one millisecond time with 0 effort at all, I'd probably risk 5-10% of my net worth. This also happens to be a situation where the player made a long shot bet so you could arguably risk more. Obviously, there is merit to lowering your risk in an effort to "grind the player down" but that isn't always a feasible option. If you prefer, there are plenty of other dice sites with this option available.
I for one am happy there is a one of a kind investment option around in Safedice. While not many investors may agree, I cannot think of a single player who dislikes the option of being able to bring the house down in a single roll of the dice.
April 17, 2016, 03:48:58 PM
Thanks for the updates. Makes me feel comfortable. Great site
April 17, 2016, 12:26:06 PM
Indeed I am also interested.
1) I already reached out to Anton, gave him my reasoning , what happened from my point of view, and another theory of this chaos
2) Someone asked about the additional 9 BTC that I recklessly transferred along. Do not worry, it is on the house. you can see the cold storage is more than enough to cover the entire investment
3) Some people really don't like SafeDice to continue operating. I got blackmailed by a new user named vengefulspirit, he asked for 2 BTC so he can stop DDoS ing our site. Seriously, you take advantage of this moment? Not cool , dude. Not cool at all
4) I'll change the way the kelly system works to avoid similar things happened in the future
April 17, 2016, 10:42:00 AM
Indeed I am also interested.
April 17, 2016, 09:38:12 AM
You also need to prove your solvency before anyone will trust you again
EDIT: Site is back up and withdrawals seem to be working again.
EDIT: Site is back up and withdrawals seem to be working again.
Hey,
As most of you people know I won alot of bitcoins from safedice very recently (115btc). I thought this was a legit site that would pay out to its members if they won some bitoins but apparently they don't. I got an email today where they told me that they have cleared my account manually and sent it to my withdrawal address, the only problem is that it wasn't even my address. They scammed me and sent the bitcoins to their own address, making it look like they have paid me. Don't trust this website since they don't payout what they have to and tries to get away with it by creating fake email conversations that apparently came from me.
This site is not to be trusted and won't pay you out if you win quite a large amount of bitcoins...
As most of you people know I won alot of bitcoins from safedice very recently (115btc). I thought this was a legit site that would pay out to its members if they won some bitoins but apparently they don't. I got an email today where they told me that they have cleared my account manually and sent it to my withdrawal address, the only problem is that it wasn't even my address. They scammed me and sent the bitcoins to their own address, making it look like they have paid me. Don't trust this website since they don't payout what they have to and tries to get away with it by creating fake email conversations that apparently came from me.
This site is not to be trusted and won't pay you out if you win quite a large amount of bitcoins...
Unfortunate to hear. Do you have any proof for this accusation?
Of course I do. I receieved a fake email from them today where I apparently asked them to send all my bitcoins from my safedice account to a bitcoin address that doesn't belong to me.
Here's the faked email I got today.
https://drive.google.com/open?id=0B_UCHViPIycZOWFWbVZ2YS1RdzQ
Here's a page from my conversation with them.
https://drive.google.com/open?id=0B_UCHViPIycZbzZPcG1mYW5VWFE
You can see that the log-box between the to mails are a bit different. That the emails are blue and clickable in the faked mail and not blue and not clickable in my conversation with them.
I've always ended my email with 'sincerely, Anton (huggermugger)' and never with just '//huggermugger'.
It also says in the faked email that I sent that email for just two days ago with the subject "withdrawal". But I've written to them from the 6th of April from an email with the subject "Withdraw bitcoins".
It is also strange that I sent this from my conversation today with the subject "withdraw bitcoins":
https://drive.google.com/open?id=0B_UCHViPIycZdGtvY2NYQnJmX2M
And that they answered with this from a new conversation called "withdrawal" that I apparenly had written two days ago
https://drive.google.com/open?id=0B_UCHViPIycZUUY2cjFFY3M5YlU
It seems that either admin is fooled by someone impersonating huggermugger or admin playing some trick to make sure that they own the 100+ btc for themselves. This is going to looks bad either way and this might be the end of safedice. 100 btc is a huge sum of bitcoin and definitely tempting to be stolen though I still hope the admin shed some lights here
Cold wallet is now 150% of the invested amount.
There was indeed a withdrawal issue and I need to revert some balance, all is good now, please refresh and retry
I wasn't playing any trick, I'm currently investigating this case to find some more explanation . I know what I saw and what email I received.
- I asked huggermuggger to confirm his email in the site because I received his manual withdrawal request.
- I replied to "withdrawal" conversation to refer huggermugger to the withdrawal address.
April 15, 2016, 09:28:28 PM
Withdraw ok. all ok
April 15, 2016, 08:59:16 PM
Okay all good. Investment took a hit but will get it back
April 15, 2016, 08:03:01 PM
I believe they have blocked me now from their website cause I can't access it anymore :/
Site is down
I can't log in either. Anyone else having issues
April 15, 2016, 03:57:09 PM
It all looks weird. I don't think that's likely that either huggermugger or SD are lying. That wouldn't make any sense, huggermugger would know that there's zero chance of extorting the 2nd payment, and if SD was to fake that payment was made, they would surely do it in smarter way than sending fake emails to him (hoping he wouldn't notice?), ie they could just take over his SD account and pretend all is fine etc.
Don't know what to think abut this...
Don't know what to think abut this...
April 15, 2016, 02:36:35 PM
You also need to prove your solvency before anyone will trust you again
EDIT: Site is back up and withdrawals seem to be working again.
EDIT: Site is back up and withdrawals seem to be working again.
Hey,
As most of you people know I won alot of bitcoins from safedice very recently (115btc). I thought this was a legit site that would pay out to its members if they won some bitoins but apparently they don't. I got an email today where they told me that they have cleared my account manually and sent it to my withdrawal address, the only problem is that it wasn't even my address. They scammed me and sent the bitcoins to their own address, making it look like they have paid me. Don't trust this website since they don't payout what they have to and tries to get away with it by creating fake email conversations that apparently came from me.
This site is not to be trusted and won't pay you out if you win quite a large amount of bitcoins...
As most of you people know I won alot of bitcoins from safedice very recently (115btc). I thought this was a legit site that would pay out to its members if they won some bitoins but apparently they don't. I got an email today where they told me that they have cleared my account manually and sent it to my withdrawal address, the only problem is that it wasn't even my address. They scammed me and sent the bitcoins to their own address, making it look like they have paid me. Don't trust this website since they don't payout what they have to and tries to get away with it by creating fake email conversations that apparently came from me.
This site is not to be trusted and won't pay you out if you win quite a large amount of bitcoins...
Unfortunate to hear. Do you have any proof for this accusation?
Of course I do. I receieved a fake email from them today where I apparently asked them to send all my bitcoins from my safedice account to a bitcoin address that doesn't belong to me.
Here's the faked email I got today.
https://drive.google.com/open?id=0B_UCHViPIycZOWFWbVZ2YS1RdzQ
Here's a page from my conversation with them.
https://drive.google.com/open?id=0B_UCHViPIycZbzZPcG1mYW5VWFE
You can see that the log-box between the to mails are a bit different. That the emails are blue and clickable in the faked mail and not blue and not clickable in my conversation with them.
I've always ended my email with 'sincerely, Anton (huggermugger)' and never with just '//huggermugger'.
It also says in the faked email that I sent that email for just two days ago with the subject "withdrawal". But I've written to them from the 6th of April from an email with the subject "Withdraw bitcoins".
It is also strange that I sent this from my conversation today with the subject "withdraw bitcoins":
https://drive.google.com/open?id=0B_UCHViPIycZdGtvY2NYQnJmX2M
And that they answered with this from a new conversation called "withdrawal" that I apparenly had written two days ago
https://drive.google.com/open?id=0B_UCHViPIycZUUY2cjFFY3M5YlU
It seems that either admin is fooled by someone impersonating huggermugger or admin playing some trick to make sure that they own the 100+ btc for themselves. This is going to looks bad either way and this might be the end of safedice. 100 btc is a huge sum of bitcoin and definitely tempting to be stolen though I still hope the admin shed some lights here
Cold wallet is now 150% of the invested amount.
There was indeed a withdrawal issue and I need to revert some balance, all is good now, please refresh and retry
I wasn't playing any trick, I'm currently investigating this case to find some more explanation . I know what I saw and what email I received.
- I asked huggermuggger to confirm his email in the site because I received his manual withdrawal request.
- I replied to "withdrawal" conversation to refer huggermugger to the withdrawal address.
April 15, 2016, 01:48:40 PM
You also need to prove your solvency before anyone will trust you again
EDIT: Site is back up and withdrawals seem to be working again.
EDIT: Site is back up and withdrawals seem to be working again.
April 15, 2016, 01:40:16 PM
I believe they have blocked me now from their website cause I can't access it anymore :/
Site is down
Sorry for the downtime, the site was being DDOS'd, I'll give explanations soon
I think that people can win so much of bankroll is bad for your site when someone win so big. Your site lose so much confidence.
April 15, 2016, 01:37:42 PM
I believe they have blocked me now from their website cause I can't access it anymore :/
Site is down
Sorry for the downtime, the site was being DDOS'd, I'll give explanations soon
Are you gonna process people's withdrawals also?
April 15, 2016, 01:35:57 PM
I believe they have blocked me now from their website cause I can't access it anymore :/
Site is down
Sorry for the downtime, the site was being DDOS'd, I'm working on it and will give explanations soon
April 15, 2016, 01:34:37 PM
I believe they have blocked me now from their website cause I can't access it anymore :/
Site is down
April 15, 2016, 01:33:38 PM
I believe they have blocked me now from their website cause I can't access it anymore :/
Jump to: