Topic: SafeDICE.com ★ Bitcoin Dice ★ Monero ★ 0.5% Edge ★ Fast Cashout ★ Since 2014 - page 208. (Read 275840 times)

Yes Criterion, those are only example, so that people understand 0.5% H.E. can still be safe with the right formula. If a player is using 1.5% H.E., that means he is betting 0.75% of the bankroll. Sorry for the confusion, we'll edit the information on the next update.

By the way, does kelly criterion has anything to do with your username?

Yes, another reason is the account name. We think it is better to use the same name so new users will noticed it right away without having to check the first page.


That make sense, we'll try to implement it. Thanks Doog!


Yes, that's right Josepht.. And here's why 

Why did you create a new topic?

I might be wrong, but I though you had an other topic as well?

It's ok Stunna. It is removed for new registrations, you probably missed the announcement

me too mwahahaha thats why im loving it

luckily i am one of the first players so i still have invest option on my account

"By using Variable House Edge, the site is able to manage a safe "Kelly Criterion" and avoid the variance caused by the low House Edge. Keep in mind that a game with 0.5% HE and a 0.25% Max Win Ratio is much safer for the investor compared to a game with 1.5% HE and 1% Max Win Ratio."

I am not entirely sure wether what you mention on your website is 100% accurate. Using the Kelly Criterion ( f^{*} = p - q ) for even money bets, the maximum bet with 0.5% HE should be 0.5%. It makes sence that you guys took a less aggressive approach and let people wager half of what Kelly suggests. On a game with 1.5% HE on the other hand you let people bet two thirds of what the formula suggests. Hence taking a more aggressive approach.
I don't see how a game with 0.5% HE and a 0.25% Max Win Ratio is safer for the investor than a game with 1.5% HE and 1% Max Win Ratio. Am i missing something?

Very sorry about that. Deleted my post. When I went to the site it still had the investment tab.

Best of luck with your site, glad you seemed to follow my advice!

Jesus Stunna.. talk about unethical posting against competition.

Yes, we did closed it several days ago, everyone can check this by registering new account. We'll try to contact him about this, we think there's a misunderstanding here.

Didn't they decide to close their investment feature already? At least that is what they put in the post.

I think because they need to change the name to safedice rather than sam.walton and I hope this dice site wont break my expectations 

I'd rather the old thread was kept. You can edit the OP to update it with new features if you need to.


Here's a suggestion: as I hit 'w' and 's', remember the last thing I set the payout to, and each time, set the payout as close to that as you can. Think of it as my "target" payout multiplier. Currently if I hit 'w' a few times, the payout drifts away from 2 to 1.999xxx, but then when I hit 's' and get back to my starting bet, the payout doesn't change back to 2, even though it could.


Thanks for the credit.

If you read the last paragraph of OP, you will understand that they create a new thread because they consider the current SafeDice changed a lot.

And according the forum rules, there can only be one active thread per site. https://bitcointalksearch.org/topic/one-thread-per-site-only-39621

Locked by Sam Walton?
Why?

The link above the screenshot doesn't work because you has carelessly left out a ":" sign after https

Reserved for future updates.

-- RESERVED --

Nov 25, 2015
Change log:

• Bitcoin server upgrade and migration, SafeDice is more stable than ever!

May 25, 2015
Change log:

• Added Monero (XMR) support!

Apr 14, 2015
Change log:

• Added NLNico's third party roll verifier in the betting page
• Fixed leaderboard page unavailability

Apr 12, 2015
Change log:

• UI / visual tweaks
• Speed and stability update
• Fix auto roll stopping after few minutes

Dec 12, 2014
Change log:

• Leaderboard!!
  

Dec 07, 2014
Change log:

• Showing total amount of commission from the referral program
• Showing the list of referred players with more than zero wager
• Feature to create an invitation link with preloaded balance (credit goes to shitaifan)
• Changing font size to 13px for better readability
• More explanation about the variable house edge, commission, and referral system
• Fixed divest all function which sometime lefts few satoshis when there are other people playing

Dec 04, 2014
Change log:

• User can tip another user by typing in chat box: /tip
• Self-bets on all-bets view now have a darker background.
• Sent chat will be shown on the chat box immediately after the send button is clicked
• L and H hotkeys will only switch the setting, not roll them
• New bet also slides down on Tor browser

Nov 25, 2014
Change log:

• Bet setting is remembered even after you closed the browser (shortcut, roll low, and win chance / payout).
• Bet log now shows timestamp.
• Win chance / payout "lock/sync" only switched if you change the number.
• Stats tab moved into the dicing box.
• Stats tab now shows your profit and total bets.
• Visual improvement on a few buttons and links.
• Fix high bet log not updated in realtime.
• Fix chat button glitch on excessive tabbing.
• Show highlight in chat log.

Nov 23, 2014
Change log:

• All bets tab now hides 0 amount bet.
• Admin and mod will show different color name on the chat log.
• Simplified history tab.

Nov 22, 2014
Change log:

• Transaction history is automatically updated, no need to refresh the browser to see the latest transactions.
• Fixed rounding mechanism in the investment tab viewer (for users who still have their investment feature)
• Payout input tab will remember your latest input while automatically adjusting to the H.E.
• Add loading bar in the top of the browser

Nov 20, 2014 - Full Variable House Edge is Up! You can play with 0.5% H.E.
Change log:

• House Edge changes dynamically according to 'profit on win' compared to site bankroll.
• House Edge for each bet is displayed on the Bet Log.
• Investment feature is removed for new players.
• Chat room now has two size options, normal and smaller one.
• Show number of unread messages on Chat Room button.
• Add connection status info.
• Keyboard shortcut icon now show status and clicking it will enable/disable the shortcut.
• Add loading icon on registration and login.
• All bets log updated faster.

Nov 19, 2014 - Investment feature will be disabled
Following our recent discussion with some forum members, we think it is best to close our investment feature until the right moment comes. We admit that we are currently still new to this type of feature and the community got shocked by the recent cases. Continuing this feature will not only harm our brand, but it might imply that we are insensitive to the recent cases.

• Will you open this feature again?
  We might open the investment feature again in the future when we work with a partner that is trusted both by us and the community, or when we believe we are ready and there are lot of requests for this feature.
• I still have investment in my account, what should I do?
  If you still have your investment in your account, you will still be able to use it
  
• But will the site be playable?
  We will use our Variable House Edge system; this will allow us to run the site with lower amount of bankroll to a certain limitation. Meanwhile, we are looking for a better solution.
• But I really want to invest?
  You can contact us privately for this matter.

[/list]

NEW! Play/Invest using BITCOIN CASH (BCC/BCH)!
We are proud to be one of the first dice sites to offer Bitcoin Cash (BCC/BCH) as a playable cryptocurrency. Deposits only require one confirmation to be credited to your SafeDice account and withdrawal fees are only 0.00005BCH. Still holding onto some BCH from the split? Put your extra BCH to work and win big!

Introducing an Industry-Low 0.5% Variable House Edge
In order for us to provide the most optimal playing experience, we've integrated a proprietary system called the Variable House Edge System. To sum it up, this innovative site feature provides an incredibly low house edge of 0.5%* for the vast majority of rolls and increases slightly for larger bets. Meaning that if you’re betting 0.01 BTC per roll for example, you’ll be playing on a base 0.5% house edge while as higher wagers such as 10 BTC per roll would be placed with a slightly higher house edge (approx. 0.7% - still lower than most sites!). The house edge is synced in accordance with the max win amount of each roll and is displayed live on the player interface prior to clicking roll. Our variable house edge system allows us to offer larger max win amounts compared to other sites without the risk of significantly diminishing the sites overall bankroll from investors. SafeDice.com has been acclaimed for having one of the Largest Max Win payout amounts as well as offering one with the lowest house edges out of most dice/gambling sites.




True Provably Fair Betting Experience
Due to the obscure nature of online gambling these days, we’ve implemented a true provably fair betting system where all rolls are verifiable and proven fair. How does it work? Simple. SafeDice generates a roll using a combination of the server seed, your client seed and the number of rolls you’ve made using the server seed (known as nonce). You’ll be able to see the hash of the server seed before you set your client seed after clicking the “Fair” tab at the top menu. You also have the option to generate a randomized Server Seed hash any time you’d like, which will also resets the nonce back to 0. Many players will randomize their server seed often as part of their overall strategy since it’s essentially like “resetting” the game.

 
Please note that there are various implementations of the provably fair system across the web – Not all provably fair systems are truly fair! While the vast majority of provably fair gaming sites allow you to verify rolls based on your client seed, not all gaming sites display the server seed hash before allowing you to set your account client seed. So what does this mean exactly? It means that casinos with such limited implementations of the provably fair system are able to “learn” your playing behavior and rig the server seed so that it is beneficial for them – Essentially generating rolls based on how you play in the sites favor, causing you to lose your coins unfairly. Ever felt like this has happened to you on another site the more you played there? It very well could have occurred if the site you were playing on doesn’t share the server seed with you prior to you setting a client seed! SafeDice.com always displays the server seed hash before you set your client seed. Furthermore, we allow you to select your own custom account seed by typing in a string of words – Both of these functions are hard-coded into the site to ensure that all rolls made on SafeDice are true and indeed fair.

Security & Privacy Matters
We offer a truly anonymous registration option, which requires no email or password to start depositing and playing. This option is perfect for players who would like to deposit and withdraw in the same sitting and do not want any of their stats to be collected together across multiple sessions of play. You can access your anonymous account in the future by using a secret link provided to you in-lieu of a username/password. If you’d like to save your stats and be able to log in, all you have to do is set a username and password for your account in settings and your account will be converted automatically.

To maximize the safety of your coins from phishers and hackers, we’ve added the option to enable Two-Factor authentication (2FA) on your SD account. We recommend enabling 2FA on your account and using either Authy or Google 2-Step Verification for verification. To further increase the security of your account funds, the majority of deposited coins are kept in cold storage, which is physically separate and detached from the server. We also use a rotation of hot wallets to ensure that withdrawals are kept as anonymous as possible and to ensure that even the small ratio of funds kept in the hot wallets are safe and secure from hacking attempts.


Tor/Onion Friendly
We’re proud to announce that we’re one of the first dice/gambling sites to offer Tor access for our players! For maximum anonymity while playing at SafeDice, you may access our hidden service at safedice2ge73n2g.onion using Tor Browser. Please note that you will need to enable scripts for proper use of our hidden service as our site utilizes Javascript to operate.

Proof of Financial Solvency
We are one of the few dice sites that provides proof of financial solvency to the public, which essentially shows that we have enough funds in our possession to cover large-sum winnings on the site. It also provides insurance that the site is not in jeopardy of getting put out of business due to such winnings. Many gambling sites DON’T offer such info usually because they do not have enough funds set aside to cover massive bet winnings in a short period of time. They mainly rely on players losing more than winning overall, whether through legitimate or questionable practices. We do not move the funds out of this cold wallet unless they are being distributed back into SafeDice’s ecosystem and vice versa. You can see all transactions made to/from the cold wallet in addition to the wallet balance here.

Community-Driven
We believe that offering a real-time communication platform is essential for the most optimal gaming experience - that's why we’ve implemented a live chat room where you can interact with other players and discuss just about any topic you’d like. We‘ve also employed moderators to ensure that all discussions are kept reasonable and non-offensive to all players. There are various players who specifically visit SafeDice due to our warm and friendly atmosphere. Feel free to drop in and say hello!

Need Help/Support?
In the case that you may need assistance while playing at SafeDice, we’re here to help! Please send an email to [email protected] with details of your support inquiry - For the quickest turnaround times, please be sure to include ALL necessary information about your support issue/request. Furthermore, feel free to check out our FAQ for answers to general questions regarding the site and its features.

You may also submit a post in this thread for a support request, however email is preferred. Feel free to post any brief questions you may have in this thread for a rapid response by either an admin or a moderator.

Third-Party Site Reviews
Thanks to bitcoingamblingreviews.com, you can now have a better understanding of our features: https://www.youtube.com/watch?v=MB8MG8Omoig.

* House Edge for playing with Bitcoin Cash (BCC/BCH) begins at 0.9%, which is still lower than the industry standard of 1%.