Topic: 🔥🔥🎲 SATOSHIDICE.io 🎲🔥🔥 - 🍀 Lucky Jackpot 🏆 Daily Races ⭐ Provably Fair - page 4. (Read 2942 times)

I agree with you that in case of big bets not everyone can participate here many small capitalists cannot play Demand for this speciality has grown significantly as a result of recent corporate scandals Everyone is able to play with a small capital at first. Therefore, if the amount of capital is reduced a little it will become a great platform for betting.

Wagering race starts now and will last for 24 hours! Come join and grab your chance to win $500 worth of prizes 💰💰💰.

Thank you for your response, I am happy to listen to your responses that give and want to plan for the future, I can not wait to listen to him and of course I will try it at the table and want to enjoy the full satoshi dice platform service, hopefully this will take place quickly

We plan to run the bankroll entirely on either public or private bankroll, but never combined. If we successfully raise some amount of public bankroll that we think is viable to run the site, then we will switch entirely to public bankroll and turn off private one, because with this investors' funds will be fully utilized and hence they can get the maximum amount of profit compared to combining the two. If we didn't raise sufficient amount, then we will still continue with private bankroll until otherwise.


As mentioned above, if we were not successful in raising sufficient amount, then we will continue with private one first. BTC 0.001 is not possible to run a casino site bankroll, so we won't run with 0.001 public bankroll.

Also, we plan not to risk more than 1% of the public bankroll. This is to protect changes in investors' funds should a whale wins big, otherwise the bankroll will be hit hard and might take long time to recover. We believe investors are looking for stable and positive return to their investments, and so we aim to provide as much stability to investor's return as we can, while still allowing the game to be exciting enough for players to win big.

Assuming we have sufficient bankroll (not just 0.001), if a player wager 0.002 and win 0.002 (x2), then the winnings will be shifted from public bankroll to players balance. Also, the site will take commission for each bet based on wager amount, regardless of outcome of bets. Investor's loss in this case = players winnings + site commission based on wager amount.

On other hand, if the player loses, then the wager amount will be added to the public bankroll. Investor's profit in this case = players lose amount - site commission based on wager amount.

Hope that answer your questions. More details will be posted once we started promoting this invest feature.

Will the public bankroll and your private bankroll combined in the future? If it is separate bankroll then I find this statement kinda weird if someone were to invest 0.001 and take 100% of the site's profit.

Assuming a player wager 0.002 at x2 multiplier. Using only the public bankroll at 0.001 wont be able to cover all those loss if the player win . On the contrary if the player lose, does this mean the investor with only 0.001 btc take all those 0.002 profit? Thats 300% more than what he put on the site

Yeah I know that the site will only risk portion of the investor's bankroll on each bet but that on the other hand also means satoshidice will only be able to offer dust betting to their customer. Perhaps 10% of the current investor bankroll on each bet (?)

* that assuming there is only 0.001 public bankroll and that statement of yours is kinda confusing

There is nothing wrong with the invest stats. Currently public bankroll is empty as we haven’t promote yet, and we are funding with our own money for now. If you were to invest 0.001, then technically you would have own 100% of the public bankroll and hence the site profit. Investor can either invest or cash out any time they want.

But since we haven’t promote it yet, it’s best to just keep an eye on it. Because we haven’t switch on the calculation for profit/lose for each bets, if you were to invest your investment will just sit there and do nothing. We plan to promote it sometime soon and see how’s the response from the community in future. Thank you for your interest.

Thanks for your suggestion. We will considering having races for small wagers as well. In the meantime, we plan to host a variety of mini events for small wagers to play, such as roll hunt contest, hourly wager, hit certain number etc, which doesn’t depend on wager amount and thus smaller wagers stand an equal amount of chance to win  

Was this fixed and what is the current amount of "ownership" of the site for the amount shown in the screen grab?  How easy is it to cash out and what are the returns?

Yes that's why I highly recommend satoshidice to add contest features with certain tables so that all users can enjoy the contest, right? At least this leads to equitable justice for users of the satoshidice platform, which distinguishes large and small capital tables

Wagering contest is absolutely good for those who have big bankroll. Small players has so low chance to win but anyone still can try it with small bankroll, who knows that those big players are not coming to participate and who knows that small players will be able to win decent amount during wagering? Suggestion for small players, do not force yourself to play for the wagering contest, but play for fun only with a hope to win something from the betting not from the contest.

Only for large investors who can win this race, and of course people who have small capital will be alienated in this race, I hope that in the future satoshidice will create a community for people who have minimal capital so that everything looks fair and there is no which is special

🎲 SATOSHIDICE.IO Wagering Races 🎲

Hello all. We will be starting out next wagering race soon. It will be a 24 hours race with 💵 $500 prize pool. We have also expanded the prize distribution so that the Top 15 players will be getting the rewards 🎉.

Players ranking will be based on total wager amount during the race time, regardless of the win or lose amount. Only deposited coins count towards the race.

Race will start on July 11 at 0.00 AM UTC until 12 July 0.00 AM UTC ⏱.The result will be posted on our Telegram channel and Twitter.

🏆 Prize Distributions 🏆:
1st Prize 🥇: $150
2nd Prize 🥈: $100
3rd Prize 🥉: $80
4th Prize : $50
5th Prize : $40
6th Prize : $30
7th Prize : $20
8th Prize : $10
9th Prize : $8
10th Prize : $5
11th Prize : $2
12th Prize : $1
13th Prize : $0.8
14th Prize : $0.5
15th Prize : $0.1

Players don’t have to PM admin to join. Just start wagering during the race period and your wager will automatically be counted. Good luck!

All prizes have been distributed to their winners 🎉🎉🎉.  Thank you for participating in our first wagering race. We will have more events coming soon, so keep an eye on our BitcoinTalk ANN and Telegram channel to not miss out 💰.

Sorry about that. We will turn off the leaderboard to avoid people mistakenly thought the second race is running. Race will only start when we have announced in our BitcoinTalk ANN and our Telegram channel.

Can you confirm that your 2nd race running at the moment since the countdown time is running?
But I think the leaderboard is not reset after the 1st one ended some time ago proved by the number of wagered amount by some players remains the same when the 1st race ends.
If your 2nd race is not running now, you should remove that leaderboard page or give a notification message there.
Otherwise, people who want to join it wont be disappointed if it is not running while they are trying to wager for it as they think that the 2nd race is running.

Our 1st race is over. Congratulations to the winners🥳🥳
Prize money will be credited within 24 hours

While you are at it, would you fix the invest tab as well?

• It doesnt show the site's bankroll, not sure if it was intended or not
• Because there is no bankroll shown, It will show that if I put 0.001 btc on the site , I will own 100% site profit and thats kinda wrong

This should be just some simple error on the site about the bankroll/invest feature. I havent really tested the invest feature yet buf if there isnt anyone that tried to invest 0.001 yet perhaps that feature hasnt been open to public yet. Best option would be to 'remove' the invest feature shown on the main page for now because that really shows up bad image for the site  

Yes you are right, please ignore that prize tab for now. We will credit the amount manually as we mentioned. We are sorry for the leaderboard. We will fix it before our next contest 

Is there something wrong with your Leaderboard for the Race?



As above screenshot there is a big gap compared to the one that you announced it here as well as under the leaderboard. For the first prize for example, winner should win $250 which worth around 0.026+btc at the current rate but it is listed 0.01xxxbtc under the races page. Is there something I do not understand here? Just curious about the big gap and I think the leaderboard is not working as it should be.

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