[SHUTTING DOWN] [DiceBitco.in | BE THE BANK ! | 1% House Edge] - page 94.

tee-rex

hero member

Activity: 742

Merit: 526

Quote from: icey on August 04, 2014, 03:21:47 PM

1000BTC invested already. Congratulations!

That's alot of faith to put in a new user to the site.

I've got no reason not too trust you either, just shocked how quickly you've gathered such a large sum in investments.

It's to time to add a bonus to us, DiceBitco advertisers here... We've been spreading the word around this forum!

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: icey on August 04, 2014, 03:21:47 PM

1000BTC invested already. Congratulations!

That's alot of faith to put in a new user to the site.

I've got no reason not too trust you either, just shocked how quickly you've gathered such a large sum in investments.

Somebody in the chat was saying how this place got to 1000 BTC invested quicker than Just-Dice.

I looked at the log and it took Just-Dice less than 4 hours from launch to get to 1000 BTC...

Edit: although it's worth pointing out that BTC was worth ~$100 then, and ~$600 now.

Edit2: and it took 4 days to reach 6k BTC invested.

icey

legendary

Activity: 1578

Merit: 1000

May the coin be with you..

1000BTC invested already. Congratulations!

That's alot of faith to put in a new user to the site.

I've got no reason not too trust you either, just shocked how quickly you've gathered such a large sum in investments.

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: DiceBitcoin on August 04, 2014, 02:14:51 PM

As I see Deb has the profit of the second screenshot. Her % of bankroll is 0.51002609%. The formula that calculates the investment profit of the user is: (% of bankroll * bankroll) - total invested. When another user makes an investment the bankroll and % of bankroll changes and the client (browser) gets notified. If this notification fails to be delivered for some reason (e.g. disconnections) then weird things could happen. My guess is that happened something similar (because I can't verify the first image in any way). Nevertheless I will keep an eye on that.

Note: Statistics that are displayed to the user are stored to an in-memory cache DB and I would like to know if something breaks, i.e. users see funny numbers (though I don't believe this was the case with Deb because a 'page refresh' solved the issue).

She told me it often comes up wrong to start with, usually corrects itself, but didn't that time:

(11:02:18 AM) deb: i took a screenshot of what i see when i first come onto that dice site in my stats
(11:02:27 AM) Chris: k
(11:02:37 AM) deb: i'm pretty sure it's not correct
(11:03:16 AM) deb: emailing it to you
(11:03:17 AM) Chris: ty
(11:04:20 AM) deb: it often corrects to be a much smaller profit
(11:04:23 AM) deb: hasn't so far this time

She's on a chromebook if that makes any difference.

tee-rex

hero member

Activity: 742

Merit: 526

Quote from: Holdaaja on August 04, 2014, 10:43:19 AM

Quote from: CarlesPuyol on August 04, 2014, 10:10:34 AM

what is the advantage of DiceBitco on the other dice sites?

Investing possibility.
And betting is easier compared to PD, you don't even have bet halving button at PD.
And robot roll and chat are better too.

The auto-betting at PD is a complete disaster indeed, but the Robot Roll at DiceBitco is far from perfect either. Actually, the maximum number of bets set to 800 makes it practically unusable for long unattended runs (that's what auto-betting is essentially used for). Personally, I don't care about chat, but maybe it's just me.

DiceBitcoin

member

Activity: 84

Merit: 10

Quote from: dooglus on August 04, 2014, 01:39:15 PM

Quote from: DiceBitcoin on August 04, 2014, 01:33:53 PM

I cannot see how it is useful to see "percentage of the bankroll each transaction represented *at that time*" without seeing the "current percentage of the bankroll each transaction represents". This is why we treat them as separate, 'cause that way you can have finer stats (for every investment separately).

Fair enough.

Here's something else.

An hour ago or so, Deb logged in and was puzzled to see her 'profit' on 5 BTC investment was too high:

She emailed me the screenshot. I logged in to her account, and see it much lower:

What's up with that? The site profit and total invested hasn't changed significantly between the two. She hasn't invested or divested recently - in fact she has a single event: "invest 5" from 2 days ago.

As I see Deb has the profit of the second screenshot. Her % of bankroll is 0.51002609%. The formula that calculates the investment profit of the user is: (% of bankroll * bankroll) - total invested. When another user makes an investment the bankroll and % of bankroll changes and the client (browser) gets notified. If this notification fails to be delivered for some reason (e.g. disconnections) then weird things could happen. My guess is that happened something similar (because I can't verify the first image in any way). Nevertheless I will keep an eye on that.

Note: Statistics that are displayed to the user are stored to an in-memory cache DB and I would like to know if something breaks, i.e. users see funny numbers (though I don't believe this was the case with Deb because a 'page refresh' solved the issue).

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: DiceBitcoin on August 04, 2014, 01:33:53 PM

I cannot see how it is useful to see "percentage of the bankroll each transaction represented *at that time*" without seeing the "current percentage of the bankroll each transaction represents". This is why we treat them as separate, 'cause that way you can have finer stats (for every investment separately).

Fair enough.

Here's something else.

An hour ago or so, Deb logged in and was puzzled to see her 'profit' on 5 BTC investment was too high:

She emailed me the screenshot. I logged in to her account, and see it much lower:

What's up with that? The site profit and total invested hasn't changed significantly between the two. She hasn't invested or divested recently - in fact she has a single event: "invest 5" from 2 days ago.

DiceBitcoin

member

Activity: 84

Merit: 10

Quote from: dooglus on August 04, 2014, 01:15:32 PM

Quote from: DiceBitcoin on August 04, 2014, 12:46:08 PM

That is because you divested all before making this last investment. The % of bankroll shows the cut of each investment of the bankroll. Adding all those "% of bankroll" up should equal your total % of bankroll depicted under the Overview of your investments. I hope this clears up things.

I'm not sure that really makes sense. If I invest 10 BTC twice then divest 12 you show the remaining 8 as if there is 4 left in each of the 10 BTC investments, but it would make just as much sense to consider the 12 to be one of the 10's plus 2 from the other one.

Well, that is a convention. We consider each investment to be a separate entity that has exactly the same weight when you divest. There is no reason to consider the first investment to have greater weight than the second when you divest.

Quote

I don't think it's useful to consider the investments as separate when they really aren't. It's more interesting to see on the history what percentage of the bankroll each transaction represented *at that time*.

I cannot see how it is useful to see "percentage of the bankroll each transaction represented *at that time*" without seeing the "current percentage of the bankroll each transaction represents". This is why we treat them as separate, 'cause that way you can have finer stats (for every investment separately).

dooglus

legendary

Activity: 2940

Merit: 1333

If I'm on:
https://dicebitco.in/user/investments
and use the invest or divest buttons, the list of actions isn't updated.

Even if I click on the black 'investments - manage your investments' button in the left column it still doesn't update.

I have to click on 'bet history' and then back to 'investments' to get it to update.

It would be better if it updated as I invested/divested.

Edit: clicking on the "Select type: All | Invest | Divest" radio buttons also triggers an update.

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: DiceBitcoin on August 04, 2014, 12:46:08 PM

That is because you divested all before making this last investment. The % of bankroll shows the cut of each investment of the bankroll. Adding all those "% of bankroll" up should equal your total % of bankroll depicted under the Overview of your investments. I hope this clears up things.

I'm not sure that really makes sense. If I invest 10 BTC twice then divest 12 you show the remaining 8 as if there is 4 left in each of the 10 BTC investments, but it would make just as much sense to consider the 12 to be one of the 10's plus 2 from the other one.

I don't think it's useful to consider the investments as separate when they really aren't. It's more interesting to see on the history what percentage of the bankroll each transaction represented *at that time*.

Mitchell

copper member

Activity: 3948

Merit: 2201

Verified awesomeness ✔

@Dooglus, I get that as well. Might be better if it's hidden until needed.

The "Add" text should be a button.

dooglus

legendary

Activity: 2940

Merit: 1333

When I click 'invest', I see the following, most times, for a little less than a second:

It's like the dialog initialises with an error message in it, and only once something is returned from the server does it look better.

It's offputting, like something is going wrong when I expect it isn't.

DiceBitcoin

member

Activity: 84

Merit: 10

Quote from: Joca97 on August 04, 2014, 09:04:07 AM

remember me function dosent work

you have added it but it dosent work!!

What actually does not work? The Remember me persists the session cookie for 1 month. If you delete your cookies then there is no way a website to Remember you.

DiceBitcoin

member

Activity: 84

Merit: 10

Quote from: dooglus on August 04, 2014, 12:21:53 PM

Quote from: shorena on August 04, 2014, 11:07:30 AM

Still needs keyboard support IMHO. Thats what I liked the most about JD. You could just sit back and smash the buttons to gamble your coins away. Uhh... please implement "invest only" mode first though Wink

I'm told that both these things have been added to the list.

Here's an issue I've not seen mentioned before:

The "% of bankroll" column is 0 everywhere except the first row:

http://i.imgur.com/r8CNP8m.png

It's not clear whether it should be showing what percentage I was investing/divesting at that step, or what my new remaining percentage was - but either way it's not doing it...

That is because you divested all before making this last investment. The % of bankroll shows the cut of each investment of the bankroll. Adding all those "% of bankroll" up should equal your total % of bankroll depicted under the Overview of your investments. I hope this clears up things.

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: shorena on August 04, 2014, 11:07:30 AM

Still needs keyboard support IMHO. Thats what I liked the most about JD. You could just sit back and smash the buttons to gamble your coins away. Uhh... please implement "invest only" mode first though Wink

I'm told that both these things have been added to the list.

Here's an issue I've not seen mentioned before:

The "% of bankroll" column is 0 everywhere except the first row:

http://i.imgur.com/r8CNP8m.png

It's not clear whether it should be showing what percentage I was investing/divesting at that step, or what my new remaining percentage was - but either way it's not doing it...

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: Holdaaja on August 04, 2014, 10:43:19 AM

Quote from: CarlesPuyol on August 04, 2014, 10:10:34 AM

what is the advantage of DiceBitco on the other dice sites?

Investing possibility.
And betting is easier compared to PD, you don't even have bet halving button at PD.
And robot roll and chat are better too.

Still needs keyboard support IMHO. Thats what I liked the most about JD. You could just sit back and smash the buttons to gamble your coins away. Uhh... please implement "invest only" mode first though Wink

Ejaculation

full member

Activity: 238

Merit: 100

Quote from: CarlesPuyol on August 04, 2014, 10:10:34 AM

what is the advantage of DiceBitco on the other dice sites?

It's a nice alternative, and currently by far the best casino you can invest in (if there even are others). It's completely fair and we know that, as with PD some think it can be rigged just a tiny bit. The admin is always there to respond in a flash, unlike Primedice's terrible waiting time (usually over 18 hours for me when emailing support). The community is nice and the site is improving bit-by-bit, expect it to rise in the future and possibly replace JD fully.

Holdaaja

legendary

Activity: 1274

Merit: 1000

Quote from: CarlesPuyol on August 04, 2014, 10:10:34 AM

what is the advantage of DiceBitco on the other dice sites?

Investing possibility.
And betting is easier compared to PD, you don't even have bet halving button at PD.
And robot roll and chat are better too.

CarlesPuyol

legendary

Activity: 1148

Merit: 1000

what is the advantage of DiceBitco on the other dice sites?

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: DiceBitcoin on August 04, 2014, 06:41:35 AM

Quote from: dooglus on August 03, 2014, 09:58:06 PM

Quote from: suchmoon on August 03, 2014, 09:36:01 PM

That would make sense, thank you. Although the difference is now ~0.5 BTC, which would imply 5 BTC of profits was divested. I can't quite connect the dots here yet. The site was up ~15 BTC earlier (from the low point of ~ -3 to ~ +12), so even assuming those who divested started at the low point and bailed at the high point, ONE THIRD of the investment would have to be divested to get the 5 BTC, right? I wish there was more stats available about investment/divestment/commission.

Yes, I saw that 0.5 BTC gap too.

So here's another guess:

The site is kind of odd in how it treats the "invested amount". If you invest 10 and earn 1 in profit, it shows your invested amount as "10" and your profit as "1". There's no way of seeing the "11" without first clicking "divest" which then shows you how much is actually available to divest.

I think if you divest that 11 and reinvest the 10.9 that's left (you pay 0.1 in commission when you divest the 1 BTC profit), your investment will then show 10.9 and your profit will show 0. I think. So the "profit" is shows is "profit that you didn't pay commission on yet" or something like that.

If that is the case (and I'm mostly guessing based on how things look) then the 0.5 difference is 0.5 of profit that was divested, not 10% of 5 BTC of profit that was divested.

That sounds more plausible, right?

I expect we'll get the real story soon...

Sorry for the late response

Dooglus is exactly right. The profit you see under Investments is bankroll - total_invested but you have to take into account that when a user Divests the amount (together with profits made) is subtracted from the bankroll thus this 0.5BTC gap there. FYI dooglus is mostly to blame for this Wink

He had a ~ 0.5BTC profit from investing!!

I can understand that most people are having difficulties on differentiating the total amount invested with the "how much my total invested amount is worth?" and I am working on presenting these statistics on a more user-friendly way. Sorry for that. I think it is a weak point that we have to address.

Thank you both. This now makes sense. If you can find a way to show the numbers so it would add up that would be great. Something like "Realized profit: 0.45" and "Commission: 0.05" to bridge the gap.

Topic: [SHUTTING DOWN] [DiceBitco.in | BE THE BANK ! | 1% House Edge] - page 94. (Read 102257 times)