[SHUTTING DOWN] [DiceBitco.in | BE THE BANK ! | 1% House Edge] - page 78.

chazley

sr. member

Activity: 395

Merit: 264

Users are down ~6 btc, and investors are down ~4 btc, doesnt this make the commission taken so far ~10 btc?

dooglus

legendary

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Quote from: MRKLYE on August 18, 2014, 01:21:20 PM

Doog knows all about this commission thing and knowing how many BTC need to be lost to the house before it gets paid..
*remembers weeks on JD with no profit*

There was never a week on JD where the site didn't collect at least some commission, because even during heavy losing weeks there's still some lucky investor who got in and out at just the right time and made himself a small profit.

You can see the same in the stats I posted - as the players go from being down 24 BTC to being up 7 BTC, the site's total take goes up from 0.77 BTC to 0.88 BTC. So the site profits even as the investors lose - just not very much.

MRKLYE

legendary

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Designer - Developer

Doog knows all about this commission thing and knowing how many BTC need to be lost to the house before it gets paid..
*remembers weeks on JD with no profit*

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: DiceBitcoin on August 18, 2014, 12:47:39 PM

Script that deducts commision @ Sundays was run successfully

Will post in awhile investor sums as well Wink

People often ask in the chat "why are the investor and player profits so different?" or "why are they both negative?" etc.

The way it seems to be is that the investor profit only shows investor profits which didn't yet have commission charged. That includes all investors with negative profit, and also those who have new profits this week which they didn't divest yet.

If you add the two profit numbers together, you get an amount representing how much investor profit *has* had commission charged (you need to remove the minus sign). So dividing that by 10 we see how much commission the house has taken so far:

Quote

---------------------------- ------------ -------- -------- ----------
timestamp investors players sum commission
---------------------------- ------------ -------- -------- ----------
Sat Aug 9 09:45:31 PDT 2014 -1.02023755 0.0676 -0.9526 0.09526
Sat Aug 9 16:45:21 PDT 2014 -11.76352107 10.7138 -1.0497 0.10497
Sat Aug 9 21:52:27 PDT 2014 -24.90444403 23.8547 -1.0497 0.10497
Sun Aug 10 00:05:33 PDT 2014 -8.34426980 7.2945 -1.0497 0.10497
Sun Aug 10 09:14:48 PDT 2014 -7.46499468 6.4135 -1.0514 0.10514
Sun Aug 10 16:34:10 PDT 2014 -2.10331754 1.0519 -1.0514 0.10514
Sun Aug 10 20:46:30 PDT 2014 -11.18470165 8.1202 -3.0645 0.30645
Sun Aug 10 23:11:45 PDT 2014 -3.01033436 -0.0542 -3.0645 0.30645
Mon Aug 11 07:26:20 PDT 2014 -0.84091577 -2.2244 -3.0653 0.30653
Mon Aug 11 10:12:19 PDT 2014 -0.92128851 -2.1469 -3.0681 0.30681
Mon Aug 11 11:11:21 PDT 2014 -1.45793241 -1.6145 -3.0724 0.30724
Mon Aug 11 12:12:09 PDT 2014 -2.81295786 -0.2619 -3.0748 0.30748
Mon Aug 11 13:52:22 PDT 2014 -3.79059272 0.7158 -3.0747 0.30747
Mon Aug 11 16:50:14 PDT 2014 6.03795364 -9.1128 -3.0748 0.30748
Mon Aug 11 17:29:34 PDT 2014 16.37734460 -19.5852 -3.2078 0.32078
Mon Aug 11 18:49:34 PDT 2014 16.51143206 -19.7202 -3.2087 0.32087
Mon Aug 11 20:50:19 PDT 2014 17.23022306 -22.0545 -4.8242 0.48242
Mon Aug 11 22:10:11 PDT 2014 1.63262492 -6.4635 -4.8308 0.48308
Tue Aug 12 10:46:12 PDT 2014 12.78951049 -20.0278 -7.2382 0.72382
Tue Aug 12 11:17:46 PDT 2014 12.38990609 -19.6282 -7.2382 0.72382
Tue Aug 12 11:51:40 PDT 2014 16.38110048 -23.6194 -7.2382 0.72382
Tue Aug 12 12:55:02 PDT 2014 16.41029840 -24.1461 -7.7358 0.77358
Tue Aug 12 15:39:44 PDT 2014 14.41459208 -22.1646 -7.7500 0.77500
Tue Aug 12 22:36:18 PDT 2014 12.19320664 -19.9860 -7.7927 0.77927
Wed Aug 13 20:35:10 PDT 2014 9.33558425 -18.0817 -8.7461 0.87461
Thu Aug 14 09:51:59 PDT 2014 8.35361472 -17.2468 -8.8931 0.88931
Fri Aug 15 00:22:47 PDT 2014 -16.41275632 7.5195 -8.8932 0.88932
Fri Aug 15 08:55:01 PDT 2014 -13.77637795 4.8832 -8.8931 0.88931
Fri Aug 15 18:04:55 PDT 2014 -11.70299980 2.8098 -8.8931 0.88931
Sat Aug 16 10:34:20 PDT 2014 -10.68917099 1.7371 -8.9520 0.89520
Sun Aug 17 09:15:06 PDT 2014 -9.12502638 0.1721 -8.9529 0.89529
Sun Aug 17 23:22:20 PDT 2014 -6.85068663 -4.6562 -11.5068 1.15068
Mon Aug 18 10:20:26 PDT 2014 -3.50361675 -8.0057 -11.5093 1.15093

I think this is how it works, but I could be wrong.

If I'm right, it means the site has taken 1.15 BTC commission so far, on 8 BTC of player losses, and investors together have at least 3.5 BTC of losses to recover before becoming due for new commission.

DiceBitcoin

member

Activity: 84

Merit: 10

Script that deducts commision @ Sundays was run successfully

Will post in awhile investor sums as well Wink

omahapoker

hero member

Activity: 868

Merit: 1000

see dooglus i throw out ideas(98% bad ones 2% good ones) and you make them happen.

average bet per week is a great way to find the bad seeds

aahzmundus

hero member

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Merit: 500

Invest & Earn: https://cloudthink.io

Quote from: Kevinjpratama on August 17, 2014, 12:59:50 PM

Quote from: dooglus on August 17, 2014, 12:19:30 PM

Quote from: Kevinjpratama on August 17, 2014, 12:03:42 PM

how about 999D ? have u checked it?

I took a look once. I doubt it's possible to run a site that is both legit and successful with such a tiny edge. 1% edge is bad enough.

if you may give me an advice, what is the best dice site for both you and me (as newbie gambler) ?

You are asking what the best dice site is, in the thread of a specific dice site -_-

Not only that, but Dooglus has already answered the question, he likes DiceBitco.in but wishes there was an invest only mode so he does not play.

Kevinjpratama

newbie

Activity: 7

Merit: 0

Quote from: dooglus on August 17, 2014, 12:19:30 PM

Quote from: Kevinjpratama on August 17, 2014, 12:03:42 PM

how about 999D ? have u checked it?

I took a look once. I doubt it's possible to run a site that is both legit and successful with such a tiny edge. 1% edge is bad enough.

if you may give me an advice, what is the best dice site for both you and me (as newbie gambler) ?

DiceBitcoin

member

Activity: 84

Merit: 10

Quote from: dooglus on August 17, 2014, 11:33:28 AM

I've seen some discussion about DB running their own bots to artificially inflate bet numbers and get higher on the charts, so I looked at stats over the last week to see how big the average bet is:

Code:

DB - average BTC per bet: 0.00048317

Sun Aug 10 09:14:48 PDT 2014 profit: -7.46499468 invested: 2,058.85087786 wagered: 2,892.4297 profit: 6.4135 bets: 3,766,398
Sun Aug 17 09:15:06 PDT 2014 profit: -9.12502638 invested: 3,563.99505210 wagered: 6,503.7910 profit: 0.1721 bets: 11,240,610
---------- ----------
3,611.3613 7,474,212
---------- ----------

PRC - average BTC per bet: 0.00044627

Sun Aug 10 09:14:35 PDT 2014 Total Bets:5,024,444 Total Wagered:13,884.30235465 Total Profit:18.35555291 Total Invested:599.19782744
Sun Aug 17 09:14:54 PDT 2014 Total Bets:5,416,633 Total Wagered:14,059.32795257 Total Profit:18.31894234 Total Invested:510.98702115
--------- ---------------
392,189 175.02559792
--------- ---------------

PD - average BTC per bet: 0.00011196

Sun Aug 10 11:14:31 PDT 2014 BTC WAGERED: 408,265.0833 TOTAL BETS: 750,579,613
Sun Aug 17 09:15:35 PDT 2014 BTC WAGERED: 413,316.4439 TOTAL BETS: 795,696,988
------------ -----------
5,051.3606 45,117,375
------------ -----------

Turns out DB has the highest average bet size over the last week of all three dice sites I'm tracking!

Dooglus, hates gonna hate. We cant run bots AND have investments as well, quite the contrary. 90% of PDs traffic if not more, its coming from faucets. PRCs max bet is almost 1/10th from ours. People miss the most important part --> INVESTED amount! That, no site can fake it(well, they can IF they dont provide proof of funds, which we do - see 999DICE). So i guess, when others still cant believe how they are keep losing ground day by day, accusing us for inflating the bet numbers(?) could work for them. Good luck with your theories

tl;dr

Im not surprised at all that we have the highest bet size of all dice sites

The target of surpass the 5k BTC+ invested till end of August looks more realistic than ever !

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: Kevinjpratama on August 17, 2014, 12:03:42 PM

how about 999D ? have u checked it?

I took a look once. I doubt it's possible to run a site that is both legit and successful with such a tiny edge. 1% edge is bad enough.

Kevinjpratama

newbie

Activity: 7

Merit: 0

Quote from: dooglus on August 17, 2014, 11:33:28 AM

I've seen some discussion about DB running their own bots to artificially inflate bet numbers and get higher on the charts, so I looked at stats over the last week to see how big the average bet is:

Code:

DB - average BTC per bet: 0.00048317

Sun Aug 10 09:14:48 PDT 2014 profit: -7.46499468 invested: 2,058.85087786 wagered: 2,892.4297 profit: 6.4135 bets: 3,766,398
Sun Aug 17 09:15:06 PDT 2014 profit: -9.12502638 invested: 3,563.99505210 wagered: 6,503.7910 profit: 0.1721 bets: 11,240,610
   ---------- ----------
   3,611.3613 7,474,212
   ---------- ----------

PRC - average BTC per bet: 0.00044627

Sun Aug 10 09:14:35 PDT 2014 Total Bets:5,024,444 Total Wagered:13,884.30235465 Total Profit:18.35555291 Total Invested:599.19782744
Sun Aug 17 09:14:54 PDT 2014 Total Bets:5,416,633 Total Wagered:14,059.32795257 Total Profit:18.31894234 Total Invested:510.98702115
   --------- ---------------
   392,189 175.02559792
   --------- ---------------

PD - average BTC per bet: 0.00011196

Sun Aug 10 11:14:31 PDT 2014 BTC WAGERED: 408,265.0833 TOTAL BETS: 750,579,613
Sun Aug 17 09:15:35 PDT 2014 BTC WAGERED: 413,316.4439 TOTAL BETS: 795,696,988
   ------------ -----------
   5,051.3606 45,117,375
   ------------ -----------

Turns out DB has the highest average bet size over the last week of all three dice sites I'm tracking!

how about 999D ? have u checked it?

dooglus

legendary

Activity: 2940

Merit: 1333

I've seen some discussion about DB running their own bots to artificially inflate bet numbers and get higher on the charts, so I looked at stats over the last week to see how big the average bet is:

Code:

DB - average BTC per bet: 0.00048317

Sun Aug 10 09:14:48 PDT 2014 profit: -7.46499468 invested: 2,058.85087786 wagered: 2,892.4297 profit: 6.4135 bets: 3,766,398
Sun Aug 17 09:15:06 PDT 2014 profit: -9.12502638 invested: 3,563.99505210 wagered: 6,503.7910 profit: 0.1721 bets: 11,240,610
---------- ----------
3,611.3613 7,474,212
---------- ----------

PRC - average BTC per bet: 0.00044627

Sun Aug 10 09:14:35 PDT 2014 Total Bets:5,024,444 Total Wagered:13,884.30235465 Total Profit:18.35555291 Total Invested:599.19782744
Sun Aug 17 09:14:54 PDT 2014 Total Bets:5,416,633 Total Wagered:14,059.32795257 Total Profit:18.31894234 Total Invested:510.98702115
--------- ---------------
392,189 175.02559792
--------- ---------------

PD - average BTC per bet: 0.00011196

Sun Aug 10 11:14:31 PDT 2014 BTC WAGERED: 408,265.0833 TOTAL BETS: 750,579,613
Sun Aug 17 09:15:35 PDT 2014 BTC WAGERED: 413,316.4439 TOTAL BETS: 795,696,988
------------ -----------
5,051.3606 45,117,375
------------ -----------

Turns out DB has the highest average bet size over the last week of all three dice sites I'm tracking!

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: Domino on August 17, 2014, 06:58:33 AM

It is not surprised to have people exploiting the site and impersonating trusted members, but it is interesting to see a fake dooglus go straight to talk with the real one. Tongue

Not just me:

(click if the image is broken)

DiceBitcoin

member

Activity: 84

Merit: 10

Quote from: BitCoinDream

How do we make sure that the same thing wont happen at DiceBitcoin, i.e. DiceBitcoin owner wont play himself in a different name ?

You cannot, exactly like JD. Its the same story as'how we know nakowa was not dooglus?' . You cannot know

You just have to trust it.

Btw we had some very good bug findings today, thank you again ppl. It goes without saying ofc that you should never ever give your password or any details about your account in chat. For those, we have support tickets. Bugs will be fixed asap

(fucking chat, its causing so much trouble :p)

Domino

hero member

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Merit: 500

Quote from: BayAreaCoins on August 17, 2014, 02:43:25 AM

Quote from: dooglus on August 17, 2014, 02:38:59 AM

Quote from: shorena on August 17, 2014, 01:53:40 AM

I assume you will still have a choice, same as with JD. I am with doog here, if I dont get the "invest only" setting soon I have to withdraw in order to restrain myself or probably gamble it all... Well, unless you could maybe give me your willpower +10 ring? Wink

His point is that he doesn't want *us* to have a choice - then we'll play and lose, and he'll benefit. Get it?

Also, the client-side exploits apparently also allow an attacker to impersonate other users. I just saw a 'dooglus' (all lower case) with a crown talking to me...

So beware if 'manl' asks for your password in a pm...

God what kind of person finds these chat exploits.... lol Cheesy

It is not surprised to have people exploiting the site and impersonating trusted members, but it is interesting to see a fake dooglus go straight to talk with the real one. Tongue

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: dooglus on August 17, 2014, 02:38:59 AM

Quote from: shorena on August 17, 2014, 01:53:40 AM

I assume you will still have a choice, same as with JD. I am with doog here, if I dont get the "invest only" setting soon I have to withdraw in order to restrain myself or probably gamble it all... Well, unless you could maybe give me your willpower +10 ring? Wink

His point is that he doesn't want *us* to have a choice - then we'll play and lose, and he'll benefit. Get it?
-snip-

Whoa!

That sneaky bastard.

Probably best not to login for a few days...

BitCoinDream

legendary

Activity: 2394

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The revolution will be digital

Quote from: dooglus on August 16, 2014, 05:53:34 PM

Quote from: theskillzdatklls on August 16, 2014, 02:06:41 PM

dooglus: which dice investment sites do you like the most presently if you don't mind answering? I obv won't hold you liable for anything.

I'm not currently invested in any dice sites.

Most recently I invested in dicebitco.in, but they don't offer an "invest only" feature, and I found I was playing too much.

At JD it was relatively easy not to play, because it could look like I was cheating (having access to the server seeds). Without that constraint I found it harder to invest without constantly doing the old "divest, gamble, reinvest" dance.

If that wasn't an issue, I think dicebitco.in would be my dice site of choice.

How do we make sure that the same thing wont happen at DiceBitcoin, i.e. DiceBitcoin owner wont play himself in a different name ?

spyjai

newbie

Activity: 19

Merit: 0

Quote from: dooglus on August 17, 2014, 01:19:10 AM

Quote from: spyjai on August 17, 2014, 12:14:46 AM

what's preventing you to pull a JD and just suddenly stop operations

You make it sound like JD did something bad.

No offense intended, obviously JD did something very right and I do respect your decision to close it down. But speaking in practical terms, a site closing down is not very beneficial for investors and I'm solely speaking in the investors' perspective, so I hope you understand. Btw I'm the guy that won the SwC poker tournament so I'm very grateful for how you & and deb were running things and organising these sorts of fun activities.

BayAreaCoins

legendary

Activity: 4004

Merit: 1250

Owner at AltQuick.com

Quote from: dooglus on August 17, 2014, 02:38:59 AM

Quote from: shorena on August 17, 2014, 01:53:40 AM

I assume you will still have a choice, same as with JD. I am with doog here, if I dont get the "invest only" setting soon I have to withdraw in order to restrain myself or probably gamble it all... Well, unless you could maybe give me your willpower +10 ring? Wink

His point is that he doesn't want *us* to have a choice - then we'll play and lose, and he'll benefit. Get it?

Also, the client-side exploits apparently also allow an attacker to impersonate other users. I just saw a 'dooglus' (all lower case) with a crown talking to me...

So beware if 'manl' asks for your password in a pm...

God what kind of person finds these chat exploits.... lol Cheesy

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: shorena on August 17, 2014, 01:53:40 AM

I assume you will still have a choice, same as with JD. I am with doog here, if I dont get the "invest only" setting soon I have to withdraw in order to restrain myself or probably gamble it all... Well, unless you could maybe give me your willpower +10 ring? Wink

His point is that he doesn't want *us* to have a choice - then we'll play and lose, and he'll benefit. Get it?

Also, the client-side exploits apparently also allow an attacker to impersonate other users. I just saw a 'dooglus' (all lower case) with a crown talking to me...

So beware if 'manl' asks for your password in a pm...

Topic: [SHUTTING DOWN] [DiceBitco.in | BE THE BANK ! | 1% House Edge] - page 78. (Read 102257 times)