Topic: SafeDICE.com ★ Bitcoin Dice ★ Monero ★ 0.5% Edge ★ Fast Cashout ★ Since 2014 - page 108. (Read 275856 times)

Back up now.

Yup it's down for me, I wonder why.

SD down for anyone else?

That would make more sense. Sorry, SD doesn't really explain what they show in chat.

? Chat box also only shows high bets. So losing bets of less than 0.1 (his base was 0.05) were ommited while wins (of 0.2) were displayed, creating confusing image of incredible streak.

It's actually from the chat box which does show losing bets.

If you've copied this from the 'high bets' tab, then it's likely not a streak. Losing bets are simply not shown, as they're below 0.1 BTC (only bets when you wager or win 0.1 or above would be shown there).

How does something like this happen? How is this even possible to have a streak like htis?

https://dl.dropboxusercontent.com/spa/bna7177fahfae57/bwmc_nyi.png

Damn +10 BTC on the day -- great day for investors!

That's actually down from where he was before.

lemur1230 up to 19+ BTC right now Congratz!

I played a couple of times on SafeDICE and I really enjoyed !!!!!!!!!!!!
+ Instant conclusion Bitcoin
+ 0.5% of all profits SafeDICE
+ Possibility of investing llc is something new for me
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- And only one drawback in my opinion the lack of faucet

Я пapy paз игpaл нa SafeDICE и мнe oчeнь пoнpaвилocь!!!!!!!!!!!!
+ мгнoвeнный вывoд Биткoйн
+ вceгo 0.5% пpибыль SafeDICE
+ вoзмoжнocть инвecтиpoвaния ooo чтo-тo нoвeнькoe для мeня
-----------------------------------------------------------------------------------
- и вceгo oдин минyc нa мoй взгляд oтcyтcтвиe кpaнoв

Hi, I can not access my account
Say: " I can not access my account"

As I can get my password?

In the mail [email protected]  nobody answers

Down what, 20 BTC? today thanks to lemur....how often does that happen?

Great explanation. Thank you!

A slightly more technical detail on how this works, if you're interested.

The site has an actual and a virtual bankroll, and you have an actual and a virtual investment.

The sites actual bankroll is around 140Btc, but your 0.5Btc investment is around 0.03% of the bankroll. Assuming you're using 1% kelly, this makes the virtual bankroll of the site 1650 (this shows your numbers are very much rounded btw). Calculated with some more accurate numbers, the virtual bankroll is around 1383.59Btc This means that the average kelly of the investors is around 9.8%.

So, when you invest 1 Btc at 1% kelly, you raise the actual bankroill and virtual bankroll with 1Btc (Actual investment: 1Btc, Virtual Investment: 1Btc). This would make your percentage of the investment around 0.072% (1/1384.59*100). This means that for every bet won by a player, you pay 0.072% of his winnings, and for every bet lost by a player, you receive 0.072% of his loss (0.00072 to the Btc).

But now you raise your kelly to 5%. This means that your investment in the actual bankroll is only 1Btc, but in the virtual bankroll it's 5Btc (Actual investment: 1Btc, Virtual Investment: 5Btc). This raises your % to 0.36% (5/1388.59*100), This means that for every bet won by a player, you pay 0.36% of his winnings, and for every bet lost by a player, you receive 0.36% of his loss (0.0036 to the Btc).

As you can plainly see, Increasing your kelly % increases your "winnings" from investments, but it also increases the amount you pay when someone wins, in otherwords, increases your chance of being ruined by a high roller.


Edit: Also

auto roll speed depends on the amount of your bets, you need atleast .001btc bets (IIRC) if you want faster auto rolls. less than that will be definitely slower

i like the interface! but the auto rolls are slow for me

Simple explanation (can be a bit inaccurate):

If you set kelly at 0.5x then % of your investment will be 2X lower compared to 1x option, if set at 2x then it'll be twice as high as with 1x.

And assuming current bankroll shown represents actual amount invested, then % of your investment will also depend on what kelly options the other investors have set. Generally people tend to opt for more aggressive settings (5x or 10x), so if you're at 1x, your investment would get diluted and be less than calculated as "your investment/bankroll".

But note that aggressive investors could be severely punished when someone wins few big bets. So staying at 1x or 2x is way safer option.

I did....but there's no explanation as to how that affects your % of bankroll.