Why do people still play dice? - page 27.

BetterBets.io

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I'm not going to quote it due to length but reading that chat log Dooglus is just amazing, the early times (2011-2013) of this business must have been incredible in terms of base bets. Interesting read, thanks!

dreamspark

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That is one of the most scary and mind boggling things I have ever read. Its gets worse when you think that those coins were worth 10x more in a month or so after that. ~$7mill down the drain Shocked

vendetahome

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Quote from: fulgdenea on August 05, 2015, 02:43:30 PM

Dice is easy to play and most famous gambling method so it much hard to stop this for me, i mostly use this to play on daily basis.

dice players usually like the thrill of fear as they usually do all in bets or something like that, i usually prefer playing casinos games instead as i dont loose too much money there

fulgdenea

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Dice is easy to play and most famous gambling method so it much hard to stop this for me, i mostly use this to play on daily basis.

dooglus

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Continued:

Quote

[ 2013-10-03 22:07:25 (fuckit) deposit 9.1 BTC ]
[ 2013-10-03 22:14:23 (fuckit) deposit 3837.84273818 BTC ]

13   2013-10-03 22:16:36 #151396071: 3846.94273818 BTC @ 93.01% hi: lucky:41.2406 profit: 247.74957520 bal:4094.69231338 n:308 fuckit tot: 2318.07691149
14   2013-10-03 22:16:56 #151396629: 3846.94273818 BTC @ 93.03% hi: lucky:90.6891 profit: 246.86927929 bal:4341.56159267 n:309 fuckit tot: 2564.94619078
15   2013-10-03 22:17:12 #151397027: 3846.94273818 BTC @ 93.09% hi: lucky:78.7297 profit: 244.23066127 bal:4585.79225394 n:310 fuckit tot: 2809.17685205
16   2013-10-03 22:17:36 #151397665: 3846.94273818 BTC @ 93.2% hi: lucky:33.1190 profit: 239.40201721 bal:4825.19427115 n:311 fuckit tot: 3048.57886926

2013-10-03 22:19:25 Doog: can u transfer my balance directly to mechs account?

17   2013-10-03 22:21:15 #151403104: 4825.19427115 BTC @ 94.3% hi: lucky:40.0573 profit: 240.49216990 bal:5065.68644105 n:314 fuckit tot: 3289.07103916
18   2013-10-03 22:24:13 #151406494: 5065.68648587 BTC @ 94.55% hi: lucky:17.7951 profit: 238.41673708 bal:5304.10322295 n:327 fuckit tot: 3527.48782106

2013-10-03 22:24:48 Ok that record should stand for a while

19   2013-10-03 22:27:04 #151408897: 5304.10330755 BTC @ 95.09% hi: lucky:05.4491 profit: 218.09910565 bal:5522.20241320 n:346 fuckit tot: 3745.58701131

2013-10-03 22:28:19 that was close
2013-10-03 22:28:38 that a sign to quit while ahead
2013-10-03 22:30:48 Doog: won't let me withdraw - says I need 8 confirmations?
2013-10-03 22:31:14 Doog: can you just transfer my balance of 5522.20241320 to my mechs account?

[ 2013-10-03 22:32:01 (fuckit) manually withdraw 5522.20241320 ]

2013-10-03 22:32:25 lol
2013-10-03 22:32:30 12141:)
2013-10-03 22:32:37 should be 5522.20241320

[ 2013-10-03 22:32:47 (mechs) manually credited 5522.20241320 ]
[ 2013-10-03 22:32:47 (mechs) invest 5522.2024132 BTC ]

2013-10-03 22:33:16 ok waiting for credit;)
2013-10-03 22:33:38 Oh you credit it to investment?
2013-10-03 22:34:29 Doog: np, but I just lost .15 BTC in uinvestment
2013-10-03 22:34:40 Doog: I want to file a complaint. Support ticket incoming;)
2013-10-03 22:35:19 Guys, now imagine damage with 1% kelly
2013-10-03 22:36:58 whales losing
2013-10-03 22:43:44 zyon, no would have been +500
2013-10-03 22:44:12 I am just glad nak was invested
2013-10-03 22:44:19 well for some of it
2013-10-03 22:44:28 i think he divested after the firsty 5
2013-10-03 22:44:37 since I saw a single big drop
2013-10-03 22:45:11 Deb: crazy
2013-10-03 22:45:50 bern: I never tried to steal from the house
2013-10-03 22:45:58 bern: I took huge risk for small rewards
2013-10-03 22:46:55 zyon: no, I kinda accepted the loss the other night
2013-10-03 22:47:32 bern: irresponsible gambling should be good for a casino
2013-10-03 22:48:50 that why I wanted an auto-divest bot but ppl called me an idiot for the idea
2013-10-03 22:48:58 divests all when detects any bet over X amount
2013-10-03 22:49:03 win or lose
2013-10-03 22:49:18 abby: only way to do that is low max profit
2013-10-03 22:49:37 ideit: I would have done same bets at higher edge - and would have lost that last one
2013-10-03 22:49:43 1.5% would have been a loss
2013-10-03 22:50:17 wow investment going down...
2013-10-03 22:50:22 hard to be 11% o bankroll
2013-10-03 22:50:27 of
2013-10-03 22:50:53 mine went fown 3 BTC since doog moved funds
2013-10-03 22:51:22 nak: doog dropped out - maybe that it?
2013-10-03 22:52:12 Sorry guys - I do feel bad (except for Nak) taking your coins.
2013-10-03 22:52:29 if this were RL, I throw a pizza party
2013-10-03 22:52:34 with lots of alcohol
2013-10-03 22:53:50 agnes: larg part of toptal BTC capital
2013-10-03 22:54:48 agnes: no, I have good income and lots of savings
2013-10-03 22:55:50 agnes: all relative - I do work, not a trust fund baby
2013-10-03 22:56:03 I mostly do it to take coins from nakowa
2013-10-03 22:56:27 hil: after these wins, the majority are now here
2013-10-03 22:57:03 allover: hey now u lost more from me than I did from you - I am satisfied
2013-10-03 22:57:13 you took 500 from me, I took more from you
2013-10-03 22:57:59 allover: u won 15k from site, but 500 from me
2013-10-03 22:58:04 I won more than 500 from you
2013-10-03 22:58:29 all: i'm invested now if u want to try to settle the score...
2013-10-03 23:00:17 I was never a gambler before last night, but if u gonna gamble no place better than J-D
2013-10-03 23:00:28 win or lose, fairest odds and trusted OP
2013-10-03 23:01:22 if doog implemeented the votiign system, there be noone to complain to
2013-10-03 23:01:29 it a very fair proposal
2013-10-03 23:02:05 bern: not earlier, but also passive - those with the lguys to ride out hiughs and lows
2013-10-03 23:02:18 bernL: they deserve a bigger say
2013-10-03 23:02:36 allover: max profit and any changes to house edge
2013-10-03 23:02:54 bern: my new investment already down -2.7 BTC:)
2013-10-03 23:03:23 5: nope, since he a new investor like I am now
2013-10-03 23:05:29 Vinka: sorry I broke your record 20 times

2013-10-03 23:09:53 it would have lost if I did not have to increase win chance due to lower max profit from divesetments
2013-10-03 23:11:08 bziz: I paid a lot of commission and have -320 profit
2013-10-03 23:11:15 on my mechs account
2013-10-03 23:11:27 was as high as +150 profit
2013-10-03 23:13:08 i think biggest problem for investors is dilution, though you do know it going in
2013-10-03 23:13:19 102.18%
2013-10-03 23:13:34 yeah these were high probability wins
2013-10-03 23:13:41 just the bet amount was extreme
2013-10-03 23:15:03 I would 1700 BTC in 3 minutes
2013-10-03 23:15:08 won
2013-10-03 23:15:19 and those were idiotic bets
2013-10-03 23:15:24 so idiots doing well today overall
2013-10-03 23:16:14 <---not a genius, but lucky
2013-10-03 23:25:48 On J-D seems site profits drops quick and then trends up slowly
2013-10-03 23:25:59 ouch
2013-10-03 23:26:27 no idea
2013-10-03 23:26:58 honestly, prlly should make min bet .001, since all they do is larg server
2013-10-03 23:27:03 for bigger bets
2013-10-03 23:27:27 151408897
2013-10-03 23:27:34 this one made me stop - it was close
2013-10-03 23:29:18 wonder how many bets over $600,000 are done in Macau?
2013-10-03 23:29:32 or vegas
2013-10-03 23:29:59 wow Ballz killing
2013-10-03 23:30:16 has won 70 BTC in last 20 mins
2013-10-03 23:30:22 7 of them from me
2013-10-03 23:32:19 so we proven fractal not always right...
2013-10-03 23:32:38 test: yeah, I am addicted now
2013-10-03 23:32:59 I need to bet to offset investment losses:)
2013-10-03 23:33:05 since I plan to stay invested
2013-10-03 23:35:01 gerty: prolly better for investors,but 0.5% more fun as a gambler
2013-10-03 23:35:51 2 were over 5k
2013-10-03 23:35:59 1700
2013-10-03 23:36:11 got up to 5500
2013-10-03 23:36:24 in 2 sessiopns
2013-10-03 23:37:59 ppl coming my strategy now
2013-10-03 23:38:04 copying
2013-10-03 23:39:01 my stragegy forces me to be safer everytime - since I max bet and the max profit cannot handle it, keep needing to increase chance to win so can bet
2013-10-03 23:39:10 so each bet less risky than one before with same max profit
2013-10-03 23:39:24 but takes a bit of BTC to use that strategy
2013-10-03 23:39:44 ouch
2013-10-03 23:40:00 see thisis why being an investor you need to gamble on the side;)
2013-10-03 23:41:33 wow
2013-10-03 23:41:46 i don't recoomend my strategy ppl
2013-10-03 23:42:27 fractal: you said the bets would never be beaten
2013-10-03 23:42:39 fractal: made you a liar 8 times
2013-10-03 23:42:55 ruru: loses 5% of the time
2013-10-03 23:43:30 doog: u right. 7 times
2013-10-03 23:45:08 fractal: nope, my last bet was soooo close to losing. it a sign to stop...until I need to make up investment loses;)
2013-10-03 23:45:20 fractal: which looks soon
2013-10-03 23:46:00 fractal: you do it first
2013-10-03 23:46:12 I did 19 bets so far
2013-10-03 23:46:17 all all-in
2013-10-03 23:47:29 ruru: better to invest then gamel to cover losses. it my strategy
2013-10-03 23:47:36 gamble
2013-10-03 23:48:36 doog: [rolly should have the news bot spam it since u going to be pasting it alot
2013-10-03 23:49:08 Lost 9 BTC since reinvested an hour ago
2013-10-03 23:49:26 once it gets to 100 BTC loss, I'll play again
2013-10-03 23:49:37 I am 10% of the bankoll
2013-10-03 23:51:52 opus: I can check - let me do to 0 bets at roll hi -
2013-10-03 23:52:24 nope woulda won them both
2013-10-03 23:52:47 k
2013-10-03 23:54:05 did 8 so far - all won
2013-10-03 23:54:14 so a while...
2013-10-03 23:54:28 fractal: I got my own fallacy strategy thanks
2013-10-03 23:55:34 doog: we both know I'll lose it all soon -
2013-10-03 23:55:47 doog: so hang in there
2013-10-03 23:55:55 doog: um, yeah
2013-10-03 23:56:15 doog: I'll prolly start keeping my original 2100 in reserve and gamble the other 2900
2013-10-03 23:56:23 then I can tell myself, atleast I broke even
2013-10-03 23:57:00 fractal: I do not want to hurt J-D investors, only nak
2013-10-03 23:57:52 i would be fine with it - especially if I keep ym principal
2013-10-03 23:57:58 the rest just play money
2013-10-03 23:58:14 but i feel like my luck gone for today
2013-10-03 23:59:01 opus: nope, would ppl give me cpins if I lost?
2013-10-03 23:59:50 the only one a gambler tips is the dealer - closest would be Doog
2013-10-04 00:00:27 fractal: not today - once my invest down another 100 (site profit to -6000) will play again
2013-10-04 00:01:08 if we hit -4000, will divest
2013-10-04 00:01:13 and wait until -5000 again
2013-10-04 00:02:10 fractal: he lost 700 to me, I lost 550 to him. I am satisfied
2013-10-04 00:02:33 fractal: at this rate, -6000 will be in a hour or 2
2013-10-04 00:03:33 Ballz too 100 BTC recentluy
2013-10-04 00:04:14 that a J-D investment, slow up and fasst down
2013-10-04 00:06:48 BAC: at -6000 I bet again, at -4000 I divest util -5000 again
2013-10-04 00:07:25 yeah
2013-10-04 00:07:56 christina: bring site to -6000 and I will
2013-10-04 00:12:34 Doog: I still want to talk to you about that offer I made a few months back
2013-10-04 00:12:51 Doog: i think now a good time
2013-10-04 00:13:27 Doog: can you use icq or still same problem?
2013-10-04 00:13:44 k
2013-10-04 00:16:20 Doog: u offline on icq
2013-10-04 00:17:58 Doog: is your icq on?

2013-10-04 00:24:54 allover: I would never trust you with my deposit. Doog has the best rep in bitcoinland shared only by a few others
2013-10-04 00:25:17 allover: trust is an intangible quality you cannoy buy
2013-10-04 00:26:07 life: god no, worth nothing with the CP risk
2013-10-04 00:26:39 life: this is unregulated, anonymous bitcoinland - only thing of value is rep
2013-10-04 00:27:08 he has maybe 15k, look at the 55k bankroll + balances off the invested sheet
2013-10-04 00:27:21 60k is a lot
2013-10-04 00:27:26 Doog: wow icq not like Ubuntu
2013-10-04 00:28:18 hil: he lost some - between gambling and investment. I think he "down" to 12k profi
2013-10-04 00:29:26 life: why take a risk on someone sketchy versus Doog who has good a track record as one can get
2013-10-04 00:29:47 life: even JohnK never been trusted with so much
2013-10-04 00:30:14 life: he rolls them out slowly - i prefer stability to quick updates
2013-10-04 00:30:32 wow down to -5090, will see -600 by Sunday
2013-10-04 00:30:37 -6000
2013-10-04 00:30:59 kate: stealing 1300 in free rolls, making up ridiculous like, then lying several times about never playing aga?
2013-10-04 00:31:09 I admit, I got the bug and wll play again
2013-10-04 00:31:18 I am a honest degenerate gambler, he this dishonest variety
2013-10-04 00:31:37 no letsdice - nak's dice site which he claims is not his
2013-10-04 00:31:42 cause all he does is lie
2013-10-04 00:32:30 investment better, lose funds slower
2013-10-04 00:32:46 down 10 BTC since reinvested 2 hours ago lol
2013-10-04 00:34:15 I bet we hit -6090 before -4090 - who wants to take that bet?
2013-10-04 00:35:07 allover: bet you 1 BTC. Doog will make sure loser pays up?
2013-10-04 00:35:20 done
2013-10-04 00:35:59 Doog: if site hits -6090 profit, pls transfer 1 BTC from allover to me. If site his -4090 profit, pls reasnfer 1 BTC from me to allover
2013-10-04 00:36:07 would you mind doing that?
2013-10-04 00:36:51 bev: I don't like to gamble big when the odds of winning not tilted in my favor;)
2013-10-04 00:37:04 technically, this is a 49.5% chance of win for me:)
2013-10-04 00:37:22 Doog: it a 49.5% chance, I prefer 92% chances and up
2013-10-04 00:38:15 doog: shhh, maybe allover will lose 1000 BTC to win the bet;)
2013-10-04 00:39:14 allover: but you a degenerate, cannot be trusted
2013-10-04 00:39:27 allover: cannot do a bet on honor when one party has none afterall
2013-10-04 00:41:02 Doog: I would like my special biggest wager badge to be a middle finger sign
2013-10-04 00:41:43 Doog: Am I second biggest investor?
2013-10-04 00:41:59 ruru: -6k?
2013-10-04 00:42:12 -8k?
2013-10-04 00:42:51 emily: his commission based on each individual player profit, not the site
2013-10-04 00:44:04 u have 0
2013-10-04 00:44:39 and daytraders
2013-10-04 00:56:11 beverly: doesn;t investment iltuion screw that law up tho?
2013-10-04 00:56:16 dilution
2013-10-04 00:56:29 abby: some asshole took the profits;(
2013-10-04 00:58:53 i wonder what the probability of my win streak?
2013-10-04 00:59:07 seems awfully lucky
2013-10-04 01:00:03 I just checked, it 28.5%
2013-10-04 01:00:19 shotgun: yeah that was a kick in the balls
2013-10-04 01:11:21 I took down that bounty a while ago- ppl called me an idiot for it. Got one made privately for 1.5BTC but it python and requires the browser to be open
2013-10-04 01:12:12 I wanted one which did not require browser login, was very configurable and could be compiled into an exe and run under Windows x64
2013-10-04 01:12:24 thought had to be opensource
2013-10-04 01:13:49 beverly: private - it not very good. gets fucked up everytime server resets and needs open browser
2013-10-04 01:13:54 beverly: I never use it
2013-10-04 01:14:16 beverly: server resets too frequently to be useful
2013-10-04 01:16:56 bev: itwould have saved me a lot of BTC if I had it. Though I never woulda been driven to gambling and winning 3800 BTC out of a mixture of despair and dumpster madness
2013-10-04 01:17:06 so it all worked out
2013-10-04 01:17:31 besides, I am invested now and 10% of bankroll. So I am sure I'll be back down to my principal again shortly;)
2013-10-04 01:21:35 BAC: that AM dividends?
2013-10-04 01:23:40 Makes you wonder if Doog would have time to hit the button
2013-10-04 01:24:03 then that scary
2013-10-04 01:24:52 http://blockchain.info/address/14o7zMMUJkG6De24r3JkJ6USgChq7iWF86
2013-10-04 01:25:04 the J-D wallet the 5th biggest I think
2013-10-04 01:25:54 it a lot to ahve on one wallet - 57500 BTC
2013-10-04 01:28:35 uvw: they won;t if it a brain wallet
2013-10-04 01:28:41 or well hidden
2013-10-04 01:30:05 well the next DPR will not be as stupid or easy to catch. He made rookie errors
2013-10-04 01:32:17 now do 50 of thise;)
2013-10-04 01:36:54 All I am saying, is if the house edge for profit over 50 BTC were 1.5% (PD maxes out at 40), whales would still have no better deal out there and bet here still
2013-10-04 01:37:02 and 98% of players unaffected
2013-10-04 03:20:03 wow BTC prices really bounced
2013-10-04 03:20:36 apparently all the bitcointalk.org pwds were likely taken. However, they were heavily encrypted
2013-10-04 03:20:47 still everyone should change pwd if they use elsewhere
2013-10-04 03:20:54 as a precaution
2013-10-04 03:21:28 fractal: I can get better odds here and besides, I would not trust any site with 5000+ btc bids
2013-10-04 03:21:42 that 600k after
2013-10-04 03:22:39 abby: run through sha256 7500 times
2013-10-04 03:22:46 abby: less than worthless
2013-10-04 03:23:26 fractal: I'm sure he uses google auth even if true
2013-10-04 03:24:51 abby: wow you really have poor reading skils
2013-10-04 03:25:20 ./ignore 174960
2013-10-04 03:25:37 ok idiot on ignore

2013-10-04 03:30:20 everyone copying my betting style
2013-10-04 03:30:53 I guarantee a 95% chance of success
2013-10-04 03:32:05 Doog: you around?
2013-10-04 03:34:34 baccarat has very low edge depending on rules
2013-10-04 03:34:46 even lower than BJ
2013-10-04 03:39:59 Doog around?
2013-10-04 03:42:11 wish doos was around, would play a bit....
2013-10-04 03:42:16 doog
2013-10-04 03:45:24 i want to play....
2013-10-04 03:45:29 where doog?
2013-10-04 03:45:42 need him for account transfer
2013-10-04 03:45:48 it all on mechs which locked
2013-10-04 03:45:54 for bettig
2013-10-04 03:46:05 but I have the itch....
2013-10-04 03:46:48 more likely to get cheated in a live game as a player
2013-10-04 03:49:29 DOOOG!
2013-10-04 03:49:47 goddamnit
2013-10-04 03:50:03 let me do the 3 bets and see what would have happened....
2013-10-04 03:50:08 I was only gonna do 3
2013-10-04 03:50:17 let's see....
2013-10-04 03:50:35 won 1st one
2013-10-04 03:50:54 barely won 2nd one
2013-10-04 03:51:13 won all 3
2013-10-04 03:51:19 damn it

2013-10-04 04:51:30 Doog:
2013-10-04 04:51:36 Doog: I wanna make a couple more bets
2013-10-04 04:51:43 Doog: can u help with a transfer?
2013-10-04 04:52:02 All
2013-10-04 04:52:38 one moment

[ 2013-10-04 04:53:05 (mechs) divest ALL 5519.948441245403 BTC ]

2013-10-04 04:53:15 5519.94844125 move it al
2013-10-04 04:53:20 all
2013-10-04 04:53:48 np
2013-10-04 04:54:54 waiting on transfer
2013-10-04 04:55:06 Transfer to 169618

[ 2013-10-04 04:56:06 (mechs) manually withdraw 5519.94844125 ]

2013-10-04 04:56:47 Doog: where the balance?
2013-10-04 04:57:18 yes
2013-10-04 04:57:23 my balance is 0

[ 2013-10-04 04:57:44 (fuckit) manually credited 5519.94844125 ]

2013-10-04 04:57:57 ty
2013-10-04 04:58:03 awww
2013-10-04 04:58:08 ppl divested
2013-10-04 04:58:13 will wait until investment up
2013-10-04 04:58:18 when you all least expect it lol
2013-10-04 04:58:40 just when you think it safe to re-invest....
2013-10-04 04:59:05 oh look - freerolls!

20   2013-10-04 05:01:01 #151911402: 5519.94840009 BTC @ 95.21% hi: lucky:97.9878 profit: 219.73115077 bal:5739.67955086 n:530 fuckit tot: 3965.31812092
21   2013-10-04 05:01:05 #151911481: 5519.94840009 BTC @ 95.21% hi: lucky:59.0951 profit: 219.73115077 bal:5959.41070163 n:531 fuckit tot: 4185.04927169
22   2013-10-04 05:02:56 #151914007: 5959.41068558 BTC @ 95.51% hi: lucky:26.6702 profit: 217.76091885 bal:6177.17160443 n:556 fuckit tot: 4402.81017449
23   2013-10-04 05:04:58 #151915792: 6177.17161758 BTC @ 95.71% hi: lucky:47.1520 profit: 212.33823588 bal:6389.50985346 n:589 fuckit tot: 4615.14842352

2013-10-04 05:05:49 I need to win my bet with nakowa
2013-10-04 05:05:55 bet we hit -6090 before -4090

24   2013-10-04 05:08:04 #151919268: 6389.50987008 BTC @ 95.81% hi: lucky:98.4443 profit: 212.73911449 bal:6602.24898457 n:625 fuckit tot: 4827.88755463

2013-10-04 05:08:17 ok I won my bet
2013-10-04 05:08:22 I am done
2013-10-04 05:08:36 Nakowa owes me 1BTC
2013-10-04 05:09:00 no, one BTC from nakowa
2013-10-04 05:09:10 that priceless

25   2013-10-04 05:11:39 #151923159: 6602.24886053 BTC @ 95.95% hi: lucky:34.1439 profit: 209.86825940 bal:6812.11711993 n:682 fuckit tot: 5037.75568999

2013-10-04 05:12:28 pretty close
2013-10-04 05:13:11 kate: to support the site

26   2013-10-04 05:14:24 #151926184: 6812.11702310 BTC @ 96.04% hi: lucky:09.6031 profit: 209.95278458 bal:7022.06980768 n:685 fuckit tot: 5247.70837774

2013-10-04 05:15:10 Doog: please transfer back my balance of 7022.06980768 to mechs account
2013-10-04 05:15:16 done for tonight

[ 2013-10-04 05:15:47 (fuckit) manually withdraw 7022.06980768 ]

2013-10-04 05:16:51 sure
2013-10-04 05:16:56 7022.06980768

[ 2013-10-04 05:16:59 (mechs) manually credited 7022.06980768 ]
[ 2013-10-04 05:16:59 (mechs) invest 7022.06980768 BTC ]

2013-10-04 05:17:16 Doog: am I second biggest investor?
2013-10-04 05:17:46 just glad Nak was invested for that
2013-10-04 05:17:53 oh i'm close....
2013-10-04 05:18:13 Everyone saw that. Nakowa owes me 1 BTC
2013-10-04 05:18:27 left -6090 in the fust
2013-10-04 05:18:32 dust
2013-10-04 05:19:48 I will play again, but not tonight
2013-10-04 05:19:54 so reinvest if you want
2013-10-04 05:20:01 no more variance from me
2013-10-04 05:20:15 kate: nah, I just do it for shits and giggles now.
2013-10-04 05:20:50 i did my rolls
2013-10-04 05:21:42 *yawn* at steven
2013-10-04 05:21:51 ladette: touching myself
2013-10-04 05:23:17 not that high
2013-10-04 05:23:22 like 101%
2013-10-04 05:23:30 these are high probability bets
2013-10-04 05:24:16 BAC: I will be fine when I lose it all, atleast will lose it to fun and not a dumpster
2013-10-04 05:24:45 BAC: I will lose before the site
2013-10-04 05:25:00 BAC: that just a fact
2013-10-04 05:25:22 BAC: will give it to investors eventually who gave it to me
2013-10-04 05:25:34 BAC: if they have the balls to stay nvested
2013-10-04 05:25:45 nakowa;)
2013-10-04 05:25:54 hi baby
2013-10-04 05:25:59 thanks for the coins
2013-10-04 05:26:04 you owe me 1 BTC
2013-10-04 05:26:18 Nak: tell Doog to transfer me 1 BTC
2013-10-04 05:26:23 Nak: we know you online
2013-10-04 05:26:49 Bacon: that we would hit -6090 before -4090
2013-10-04 05:27:03 and I won

[ 2013-10-04 05:27:28 (mechs) manually credited 1 ]
[ 2013-10-04 05:27:29 (mechs) invest 1 BTC ]

2013-10-04 05:27:29 Doog: pls transfer the 1BTC
2013-10-04 05:27:42 tyvm
2013-10-04 05:28:04 try and take it back big man
2013-10-04 05:28:14 I am fully invested 18% of site
2013-10-04 05:28:19 take it back bitch
2013-10-04 05:29:12 Doog: if you want me to stop betting I will
2013-10-04 05:29:28 Doog: unlike Nak, I keep my promises
2013-10-04 05:30:22 allover: I just wanted to take your coins.
2013-10-04 05:30:36 allover: other investors just collateral damage
2013-10-04 05:31:11 allover: going to try and earn some of the coins I took back from you?
2013-10-04 05:31:21 with your boring 49.5% bets
2013-10-04 05:31:27 what are those, like 200 BTC each?
2013-10-04 05:31:32 *yawn*
2013-10-04 05:32:11 go for it, it not that complicated
2013-10-04 05:32:42 he divested
2013-10-04 05:32:51 only will bet against nak
2013-10-04 05:32:56 it the fun part for me
2013-10-04 05:33:15 bring it on, bitch!
2013-10-04 05:33:26 BRING IT ON!
2013-10-04 05:34:20 wow already lost 3 BTC in my new investment
2013-10-04 05:34:40 investing here really does make you a gambler
2013-10-04 05:35:16 it +EV
2013-10-04 05:35:58 I won't play intil Nak reinvests
2013-10-04 05:36:24 Geo: go to work - I won't play again tonight
2013-10-04 05:36:58 btw, imagine 1% max profit guys....
2013-10-04 05:37:09 this is plenty of variance
2013-10-04 05:37:14 ice: yes
2013-10-04 05:37:55 everyone copying my style
2013-10-04 05:38:20 ice: he removed the dust bets
2013-10-04 05:38:27 ice: all very small, like .0001
2013-10-04 05:39:10 diego: not everyone can be a fuckit
2013-10-04 05:39:44 nakowa reinvested i see...
2013-10-04 05:39:49 doog u around?
2013-10-04 05:40:12 guess doog afk
2013-10-04 05:40:19 oh well, I should take a break anyway
2013-10-04 05:40:36 diego will take house profits by timorrow it seems
2013-10-04 05:43:41 I feel like I am out of luck today
2013-10-04 05:43:48 but feel lucky as the bank
2013-10-04 05:43:57 how about you bet nakowa?
2013-10-04 05:44:02 O
2013-10-04 05:44:07 take my coins the old fashion way
2013-10-04 05:44:45 Ice: my luck on fuckit like 100.4% so not that lucky
2013-10-04 05:44:57 just a lil lucky
2013-10-04 05:45:02 I have odds hugely in my favor
2013-10-04 05:48:42 ouch\
2013-10-04 05:48:57 allover: I think I showed I have balls. it your turn
2013-10-04 05:49:22 doog: no, thx
2013-10-04 05:52:43 Orrus: over 7k
2013-10-04 05:53:07 orrus: np!
2013-10-04 05:53:47 my biggest bet was only 6800+ btc
2013-10-04 05:53:52 not 7k
2013-10-04 05:53:58 I am not crazy afterall
2013-10-04 05:54:30 14.2%
2013-10-04 05:55:03 Doog: the only thing that fucks up the math for investors is dilution
2013-10-04 05:56:07 ruru: that what happened to me....
2013-10-04 05:56:16 ruru: but also to bugpowder so be careful
2013-10-04 05:57:31 omg, my profits down 5 BTC already - investing is rough
2013-10-04 05:57:54 ruru: u gonna 49.5% it or 95% is?
2013-10-04 05:57:59 it?
2013-10-04 05:58:07 hmmm
2013-10-04 05:58:24 yeah
2013-10-04 05:58:40 ruru: let's see it
2013-10-04 05:58:55 about 6850
2013-10-04 05:59:11 tyvm
2013-10-04 05:59:16 all luck
2013-10-04 05:59:36 I'm 1200 BTC froma bitmillionaire
2013-10-04 05:59:45 or 1500 actually
2013-10-04 05:59:50 a while away
2013-10-04 06:00:19 who knows
2013-10-04 06:00:29 watching my investment go down like this usually does it
2013-10-04 06:00:42 skillz: all luck
2013-10-04 06:01:03 pressing H or L not take much skill
2013-10-04 06:01:15 I did
2013-10-04 06:01:20 and it 820k
2013-10-04 06:04:05 site almost at 4M wagered
2013-10-04 06:04:10 crazy
2013-10-04 06:04:36 it more than 1/3rd the total amount of bitcoins have been wagered
2013-10-04 07:13:48 Doog: you thee?
2013-10-04 07:13:53 there?
2013-10-04 07:14:43 Doog: you there?
2013-10-04 07:15:00 <----wants to play a bit more
2013-10-04 07:15:21

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: 7bestone7 on August 03, 2015, 11:09:00 AM

from where did you get all this information? is there a statistics webpage about it? i would be keen on checking it also its hard to believe how someone can make such huge bets

Here are some chat logs from when it happened. Kind of long, sorry, but interesting:

Quote

[ 2013-09-29 22:47:56 (mechs) invest ALL 1922.11557084 BTC ]
[ 2013-09-29 22:53:22 (mechs) divest ALL 1958.2131835343218 BTC ]
[ 2013-09-29 23:01:59 (mechs) invest ALL 1958.21318353 BTC ]

2013-09-29 23:28:50 You would think with 1.6M bitcoins bet today, that would be enough for the +ev of the site to kick in
2013-09-29 23:28:58 Should be up 16k, but down 3k
2013-09-29 23:29:43 FFS won 2.5k
2013-09-29 23:30:50 doog: because nakowa always tells the truth right?
2013-09-29 23:31:31 uvw: did a lot better than me

[ 2013-10-01 01:39:49 (mechs) divest ALL 1762.6878486414976 BTC ]
[ 2013-10-01 01:41:30 (mechs) invest ALL 1762.68784864 BTC ]

2013-10-01 18:26:43 Dog: you around?
2013-10-01 18:27:14 most the increase is nakowa
2013-10-01 19:46:31 Doog around
2013-10-01 19:46:36 ?

2013-10-02 00:53:18 Hey everyone
2013-10-02 00:53:32 Doog been around today?
2013-10-02 00:53:50 ruru: i think J-D the only casono where it better to gamble than invest:)
2013-10-02 00:54:26 wow puckles has balls
2013-10-02 00:54:39 cheese: had been 4400
2013-10-02 00:54:54 cheese: however it barely lifted my profits since nakowa invested 14k
2013-10-02 00:55:04 so diluted everyone for the run up
2013-10-02 00:56:19 Doog: You around?
2013-10-02 00:59:54 .00000053%
2013-10-02 01:00:57 puckles: it 0.00000053%
2013-10-02 01:01:32 oops one too many

2013-10-02 01:01:56 about 1 in 16,000
2013-10-02 01:02:04 very unlikely
2013-10-02 01:02:13 though more likely than Nakowa:)
2013-10-02 01:03:50 all these bets are just noise. Means nothing since when nakowa divests and starts betting he overcomes total amount wager per day every 2 minutes
2013-10-02 01:04:25 95% of profit/loss related to nakowa
2013-10-02 01:06:40 puckles nuts
2013-10-02 01:07:20 puckles, you gotta stop those 100 BTC bets
2013-10-02 01:07:27 puckles, that is dangerous
2013-10-02 01:15:20 DecC: from other "investors" day trading with nak
2013-10-02 01:15:51 DeC: he has a reliable pattern of going up and down - always managed to bring site profit back down eventually so just bet with the trend
2013-10-02 01:16:25 puckles: have u lost any 100 BTC bets?
2013-10-02 01:16:40 puckles: more lost through invest or gamble?
2013-10-02 01:17:13 puckles: sorry, though it makes more sense than via invest. On J-D, invest is the new gambling
2013-10-02 01:18:19 puckles: I actually think the odds here are behaving closer to a 0.5% house edge. All users luck actully went up from 100.49 to 100.5:)
2013-10-02 01:18:59 though it may be just theat even 148mllion bets not enough to converge on 100%, may beed more like 100 billion
2013-10-02 01:32:07 14740956
2013-10-02 01:49:36 Doog: u around?
2013-10-02 01:50:11 hex: i doubt it, he the only one besides nak consistently making coin

2013-10-02 04:41:11 Deb: Doog around?
2013-10-02 04:41:40 Hey Doog, can you help me with a withdrawal?
2013-10-02 04:42:45 ok

[ 2013-10-02 04:43:49 (mechs) divest ALL 1767.5161018906674 BTC ]

2013-10-02 04:45:28 Doog: I out request through
2013-10-02 04:45:33 put

[ 2013-10-02 04:45:45 (mechs) manually withdraw 1767.51610189 ]

2013-10-02 04:45:53 doog: ty
2013-10-02 04:47:06 doog: I do ot see it yet
2013-10-02 04:47:11 not
2013-10-02 04:48:17 Doog: can u send me the txid?
2013-10-02 04:48:34 hold on, let me check blockchain.info
2013-10-02 04:49:24 ummm
2013-10-02 04:49:35 Doog: I hope you kidding
2013-10-02 04:50:26 Doog: I put in my emergency withdrawal one!
2013-10-02 04:50:32 Doog: but you used a old one
2013-10-02 04:50:43 Doog: how that happen....oh shit
2013-10-02 04:51:38 DoogL no i changed it to the emergency one! Put it kept the old one
2013-10-02 04:51:45 Doog: I think that was an old paper wallet which is gone
2013-10-02 04:51:50 fuck fuck fuck
2013-10-02 04:53:22 Doog: it all gone.
2013-10-02 04:53:35 Doog: it fucked up. I changed the address
2013-10-02 04:53:44 Doog: but you sent it to an old withdrawone
2013-10-02 04:53:52 Doog: I am fucked
2013-10-02 04:54:17 Doog: I am going to vomit
2013-10-02 04:54:35 Doog:I did withdraw to their once before
2013-10-02 04:54:43 Doog: I 100% put in the new address
2013-10-02 04:54:50 Doog: J-D fucked up
2013-10-02 04:54:55 Doog: that paper wallet gone
2013-10-02 04:55:30 Doog: i gotta go - doog, how could you not double heck such a large withdrawal???
2013-10-02 04:55:52 Doog: I did ot! Your site fucked up;.. I put in new address but it still showing old one
2013-10-02 04:55:57 Doog: I gotta go, just lost 1767 BTC

2013-10-02 07:01:01 So I just spent 2 hours in a dumpster
2013-10-02 07:01:06 literaly
2013-10-02 07:01:13 and FOUND THE FUCKING PAPER WALLET!
2013-10-02 07:01:59 Guys, I did put in the code correctly into withdrawal. But Doog still got the last withdrawal address and exported it there
2013-10-02 07:02:34 I did not make an error, the withdrawal mechanism is buggy or Doog made an error and somehow usedmy last wothdrawal address
2013-10-02 07:02:54 Ramona: honestly? I already reconciled it was gone.
2013-10-02 07:03:07 thx everyone
2013-10-02 07:03:23 but it is really bad....I did not make an error. I copy/pasted
2013-10-02 07:03:28 I double checked it
2013-10-02 07:03:38 I put in google auth code. And Doog sent to a old withdrawal address
2013-10-02 07:03:54 which I had just thrown out this MORNING!
2013-10-02 07:04:29 Ramona: what can I do? shoot myself? shit happens.
2013-10-02 07:05:12 Ramona: well, if Doog exported it to an address I never knew before, I would:)
2013-10-02 07:05:23 Ramona: but obviously he or the site made an error if it sent it to one of my old addresses
2013-10-02 07:05:59 Ramona: but seriously, I did not make a mistake. You need to be VERY careful. Have doog type withdrawal address in chat before withdrawaling and keep all old private keys u ever withdrew from
2013-10-02 07:06:21 Ramona: I man up to my errors. This was a J-D issue
2013-10-02 07:07:02 life: I feel lucky and grateful. Wierd thing to feel after spending 2 hours in a dumpster
2013-10-02 07:07:48 Ramona: if someone did something malicious I would. For an honest mistake, even though he should confirm address for a huge withdrawal, that would be psycho
2013-10-02 07:08:38 I feel so lucky.
2013-10-02 07:09:02 in a dumpster, I threw it out jsut this AM
2013-10-02 07:09:16 all ym private keys
2013-10-02 07:09:21 old ones..paper wallet. Used ones I would not use again
2013-10-02 07:09:31 Now I am scannign them all into adobe files and keeping them forever
2013-10-02 07:10:23 I am so fucking lucky for being so fucking unlucky
2013-10-02 07:10:48 guys, I need to shower. I smell like garbage. Literally
2013-10-02 07:11:00 I cannot even tolerate my own smell. May need some bleach in that bath
2013-10-02 07:11:06 night all
2013-10-02 07:11:14 (more like rancid)
2013-10-02 07:11:47 54321: all I know for sure is it was not my error. I do not blame othe for my errors. I was carefu

[ 2013-10-02 07:32:05 (fuckit) deposit 1767.51600189 BTC ]

1   2013-10-02 07:34:43 #148575723: 1767.51587669 BTC @ 92% hi: lucky:19.0776 profit: 134.48490980 bal:1902.00078649 n: 58 fuckit tot: 134.48478460
2   2013-10-02 07:34:53 #148575921: 1767.51587669 BTC @ 92% hi: lucky:12.2165 profit: 134.48490980 bal:2036.48569629 n: 59 fuckit tot: 268.96969440
3   2013-10-02 07:35:39 #148576957: 1767.51587669 BTC @ 92% hi: lucky:73.9495 profit: 134.48490980 bal:2170.97060609 n: 60 fuckit tot: 403.45460420

2013-10-02 07:35:56 ok guys I used up my luck
2013-10-02 07:36:31 seems more likely to make coin doog
2013-10-02 07:36:38 got all my coins back and a lil profit
2013-10-02 07:36:58 hey I considered the coins lost anyway
2013-10-02 07:37:42 I am happy I took some of nakowas coins since he the biggest investpr
2013-10-02 07:38:08 I cannot dilute that rich SOB
2013-10-02 07:38:38 doog - let's try withdrawing again.....
2013-10-02 07:38:50 and this time, verify the withdraw addess in chat please!
2013-10-02 07:39:29 400

4   2013-10-02 07:42:12 #148584193: 2170.97057849 BTC @ 92% hi: lucky:60.4122 profit: 165.18255156 bal:2336.15313005 n:114 fuckit tot: 568.63712816

2013-10-02 07:42:36 Now I am back to my highest ever

5   2013-10-02 07:43:30 #148585325: 2336.15313005 BTC @ 92% hi: lucky:79.5807 profit: 177.75078975 bal:2513.90391980 n:115 fuckit tot: 746.38791791

2013-10-02 07:44:14 Doog, can you pls divest everyone but Nakowa
2013-10-02 07:44:28

2013-10-02 07:44:49 lol you are right
2013-10-02 07:46:58 Doog: tried to withdraw but guess I need 7 confirmations for my last deposit

6   2013-10-02 07:48:30 #148590355: 2513.90372740 BTC @ 92% hi: lucky:52.1169 profit: 191.27529235 bal:2705.17901975 n:119 fuckit tot: 937.66301786
7   2013-10-02 07:49:13 #148590882: 2513.90372740 BTC @ 92% hi: lucky:93.7250 profit: 191.27529235 bal:2896.45431210 n:120 fuckit tot: 1128.93831021

2013-10-02 07:49:43 wow that confirmation better cme through soon

8   2013-10-02 07:51:02 #148591949: 2896.45431590 BTC @ 92% hi: lucky:57.2928 profit: 220.38240367 bal:3116.83671957 n:126 fuckit tot: 1349.32071768

2013-10-02 07:52:55 Doog: you there?
2013-10-02 07:53:13 Doog: pls withdraw me
2013-10-02 07:53:46 Doog: yes!
2013-10-02 07:54:13 now I can re-invest and have more coins for nakowa to take
2013-10-02 07:54:35 doog: I am ok - I won;t gamble anymore
2013-10-02 07:55:19 Wow, I still smell like that dumpster
2013-10-02 07:55:31 need a second shower
2013-10-02 07:56:12 bryony: I was just on a dumpster high - all that fermented old fruit in there musta gotten be drunk
2013-10-02 07:58:27 doog: you there?
2013-10-02 07:59:07 btw imagine the damage if 1% kelly
2013-10-02 07:59:18 i tell you max bet here is too much -
2013-10-02 07:59:27 considering nearest competitor is only 40 BTC
2013-10-02 07:59:42 just my opinion
2013-10-02 08:00:05 Doog: ah k

9   2013-10-02 08:01:57 #148601047: 3116.83674877 BTC @ 93% hi: lucky:92.4414 profit: 201.08624487 bal:3317.92299364 n:145 fuckit tot: 1550.40699175

2013-10-02 08:02:09 damn
2013-10-02 08:02:38 ok I feel bad - hurting the non-nakowa investors
2013-10-02 08:02:50 really stopping now
2013-10-02 08:03:19 I feel as if my luck ran out....
2013-10-02 08:03:26 doog I bet one more
2013-10-02 08:03:31 so amount changed
2013-10-02 08:03:46 I want to withdraw all
2013-10-02 08:04:18 k
2013-10-02 08:04:44 just did
2013-10-02 08:05:09 Doog: I swear, I put in a new address but for some reason you for the old one from last withdraw
2013-10-02 08:05:15 Doog: I was very careful
2013-10-02 08:05:34 Doog: I would man up if it was my fault
2013-10-02 08:05:51 no I copied it from emergency to withdraw
2013-10-02 08:06:05 anyway, I'll play around with it with bitcents;)
2013-10-02 08:07:47 Doog: everyone knows the site fair to gamblers...too fair
2013-10-02 08:07:55 Doog: it investors who are concerned
2013-10-02 08:09:04 Doog: you always pay out. I just worried about the RNG or if just max profit too big
2013-10-02 08:09:19 Doog: noone questions your honor - I just worried about the site
2013-10-02 08:09:37 Doog: did u process withdraw yet?
2013-10-02 08:09:54 Doog: cause my account not debited. Let's not have a Nakowa v2 freeroll incident;)
2013-10-02 08:09:59 nor do I see funds
2013-10-02 08:10:08 Doog: ahhh

10   2013-10-02 08:12:54 #148612542: 3317.92314519 BTC @ 93% hi: lucky:82.9679 profit: 214.05956096 bal:3531.98270615 n:186 fuckit tot: 1764.46670426

2013-10-02 08:16:00 Doog: hold on
2013-10-02 08:16:05 Doog: let me withdraw all
2013-10-02 08:16:15 bet once more

11   2013-10-02 08:19:29 #148618898: 3533.97982021 BTC @ 95% hi: lucky:45.0747 profit: 148.79913916 bal:3682.77895937 n:236 fuckit tot: 1915.26295748
12   2013-10-02 08:21:04 #148620446: 3682.77897204 BTC @ 95% hi: lucky:56.5205 profit: 155.06436614 bal:3837.84333818 n:241 fuckit tot: 2070.32733629

2013-10-02 08:21:55 Doog: let's withdraw now

[ 2013-10-02 08:22:24 (fuckit) manually withdraw 3837.84333818 ]

2013-10-02 08:23:28 Doog: correct
2013-10-02 08:23:47 Doog: I see it
2013-10-02 08:24:24 let me log back on as mechs
2013-10-02 08:24:49 so I think I have the 10 biggest bets of all time right?
2013-10-02 08:24:56 basically nakowa is little leagues;)
2013-10-02 08:25:31 doog: when I was digging through the dumpster - I came to a sense of total peace
2013-10-02 08:25:51 Doog: I was like, fuck it, it gone. was not even too upset at some point
2013-10-02 08:26:14 Doog: I will cash half our, by a ferrari
2013-10-02 08:26:25 and I have my original principal still
2013-10-02 08:27:14 Doog: I am going to log back onto mechs and see if it happens again
2013-10-02 08:28:16 Being invested is scarier than gambling. At least with gambling you have the illusion of control.
2013-10-02 08:28:39 those lst 5 bets were just waiting for cold wallet
2013-10-02 08:29:02 man I feel kinda bad for the other investors (except nakowa)
2013-10-02 08:29:27 cause u get a stupid SOB like me with a lot of coins
2013-10-02 08:29:38 and there not enough of me to work out over tim
2013-10-02 08:30:56 to me the biggest problem not the variance on investment side but the dilution for being a good investor and sticking with it
2013-10-02 08:31:11 investment should be capped I think
2013-10-02 08:33:33 kek: most were 92 or 93%
2013-10-02 08:34:09 I had invested 2100, went down to 1760
2013-10-02 08:34:22 now I am up to 3840
2013-10-02 08:34:47 I doubled my 1760
2013-10-02 08:34:52 a bit more than double actually
2013-10-02 08:35:09 2100 to 1760 was from investment - passive
2013-10-02 08:35:17 over 3 months
2013-10-02 08:35:34 1760 to 3840 was from gambling - in about 10 minutes
2013-10-02 08:36:19 skllz: no it was stupid and I got very lucky
2013-10-02 08:36:32 sklls: just being in a dumpster for 2 hours changes your perspective

2013-10-02 08:39:55 mined some, bought others
2013-10-02 08:40:32 I should sell this account - I am 470 BTC down from last base. That is 47BTC worth of free commissins
2013-10-02 08:42:09 I don't think I would have lost any of those wins even with 1.5% edge
2013-10-02 08:42:26 I'd sell it for 23.5 BTC. That half the commission savings
2013-10-02 08:42:36 good deal for a believer
2013-10-02 08:43:55 Doog a good guy - but no site with such high max profit should have a 1% edge
2013-10-02 08:44:23 Doog: I think best fix would be increase edge above a certain amount with a max at 1.99%
2013-10-02 08:50:26 <---dumb SOB prolly going to reinvest
2013-10-02 08:51:04 fsh: I like my honda;)
2013-10-02 08:52:06 R: keep it in BTC - I am a believer
2013-10-02 08:52:13 R: prolly reinvest here
2013-10-02 08:53:11 R: now I have enough of a buffer without getting depressed as an investor
2013-10-02 08:53:46 R: maybe I'll buy some zoloft for after I reinvest
2013-10-02 08:53:57 R: though dumpster therapy cheaper
2013-10-02 08:54:32 life: no but my building going to be pissed when they see the mess i left
2013-10-02 08:54:42 ouch
2013-10-02 08:55:02 that would not happen at 93%
2013-10-02 08:57:07 mechs evil twin
2013-10-02 08:59:11 unlike nakowa, I admit, just dumb luck - no skill or system
2013-10-02 09:01:09 christina: i'm ok, the dumpster fumes wearing off. neurons returning to normal
2013-10-02 09:01:56 anyone wanna buy an account 470 BTC down from base? That 47 BTC commissions pre-paid
2013-10-02 09:02:04 I'll sell for 23.5
2013-10-02 09:02:17 bry: yeah
2013-10-02 09:02:26 bry: math says it does
2013-10-02 09:02:36 bry: read the faq;)
2013-10-02 09:02:56 bry: maybe we in the matrix and someone fucked up the RNG
2013-10-02 09:04:05 cronus: I'll do an auction once profits up and with it morale
2013-10-02 09:04:19 prolly not a good time to try and sell it
2013-10-02 09:05:22 ek: that would be cool
2013-10-02 09:05:35 ek: should raise the edge for higher bids tho
2013-10-02 09:05:51 ek: will reduce variance
2013-10-02 09:09:17 ek: only after I fished it out of dumpster
2013-10-02 09:09:34 jesus
2013-10-02 09:10:12 what time of person makes such irresponsibily large bets??
2013-10-02 09:12:12 f-usa: easy to prove, is probably fair for playhers
2013-10-02 09:12:52 EK: mechs made doog lore max profit, mechs made puggle make crazy bets. I am quite the scapegoat
2013-10-02 09:12:58 with my mind control power
2013-10-02 09:13:08 lore=lower
2013-10-02 09:13:29 Who really thinks we need 1% kelly for more variance?
2013-10-02 09:13:43 goozer: I was use that power on co-ed girls if I had it
2013-10-02 09:13:48 would
2013-10-02 09:21:26 doog: so change to investment amount. Why would that not work?
2013-10-02 09:22:44 doog: the whole idea is to prove no fractional reserve
2013-10-02 09:22:59 doog: also lets ppl see where they are in the lineup
2013-10-02 09:24:18 ruru: i was banned too - had to change accounts
2013-10-02 09:24:30 fsh: he won't
2013-10-02 09:24:59 ruru: it fair to gamblers
2013-10-02 09:25:18 ok guys, I need a second shower - that first one did not take
2013-10-02 09:25:39 night all.

2013-10-03 06:11:18 Anyone been able to logon to bit
2013-10-03 06:11:29 bitcointalk?
2013-10-03 06:12:20 I figured ddos
2013-10-03 06:12:50 where u read about that?

2013-10-03 20:35:07 Hey guys -so 5 showers and a serious scrub bath later the dumpster smell all gone:)
2013-10-03 20:35:43 Ooh, profit up. Too bad nakowa invested;(
2013-10-03 20:36:30 I bought 50 BTC at between 95-105
2013-10-03 20:36:35 bounced up quick - stupid overreaction
2013-10-03 20:36:56 but I guess lo of weak handed speculators so will be more of these volatile sell-ffs in future
2013-10-03 20:37:35 Nix: it smelled worse then you can have imagined. It was not even a dumpster but a trash compactor
2013-10-03 20:38:01 Nix: I disabled it after breaking into the compactor room (though who knows) so it was all squished upo garbaged from days
2013-10-03 20:38:27 Nix: still the fear of being crushed to death and found with a paper wallet in my cold dead hand over my crushed corpse would be a stupid obitchuary
2013-10-03 20:39:57 Nix: well, i originally meant to divest until some changes made to the site. Then when I lost it and found it after being in a trash compactor for 2 hours, I came to a zen place realizing it just coins
2013-10-03 20:40:21 Nix: I promise dmyself if I found it, I would just fuck it and gable to get my 500 BTC loss back
2013-10-03 20:40:48 Nix: but then while waiting for Doog to get my withdrawal out of te cold wallet I went crazy and bet 9 more times (I got my loss back aftetr the first 3 bets)
2013-10-03 20:41:09 Nix: I think I was high off the fermenting rotten foodstuff in that compactor. A dumpster high
2013-10-03 20:41:29 Jakr: it was more like 250k - it was 2070 BTC
2013-10-03 20:41:40 well, at the time 250k, now less
2013-10-03 20:41:49 cause in 2 days in bitcoinland, anything can happen
2013-10-03 20:42:21 fractal: that was sooooo stupid what I did and I am usually unlucky gambler
2013-10-03 20:42:38 fractal: I'll reinvest at some point, but no gambling
2013-10-03 20:43:22 fractal: I was fine with it. I already accepted the loss. I was annoyed how it happened. I really did change the address (copy&paste) but for some reason Doog saw on his side the old withdrawal address
2013-10-03 20:43:52 fractal: I am glad he changed it so it not remember the last address - whether it was site error or mine, it was not a good design so glad it fixed and gladder I found it
2013-10-03 20:43:57 Hey Doog
2013-10-03 20:44:59 fractal: who knows - I did change it and I checked - it was a big withdrawal. I don't know why it happened. Maybe it an issue with the site compatibility with chrome. Who knows
2013-10-03 20:46:01 I still cannot believe I made those insane bets but I was delerious.
2013-10-03 20:47:27 Doog: I am sorry about the initial message to you when I thought it was lost forever. I would not have stayed mad though. Whether a site error or my error, obviously it a innocent mistake either way. Still, a verification window pop-up a good idea for
2013-10-03 20:47:47 doog: future. though with the memory of last withdrawal gone, it less of an issue
2013-10-03 20:48:17 fractal: I wonder how long my record will hold for largest bets? I definitely knocked Vinka way down:)
2013-10-03 20:48:31 doog: noone believe all the crazy stories here at J-D.
2013-10-03 20:48:45 doog: they think it all for publicity cause who can believe this crazxy shit
2013-10-03 20:49:11 life: in my dumpster high state, I thought I had a system
2013-10-03 20:49:25 life: now that I am sober, that illusion is gone
2013-10-03 20:49:44 life: only way I bet like that again is if someone pushes me into another dumpster
2013-10-03 20:51:38 skllz: nah, I got everything I need and am not much into wants. I will keep those coins in reserve and re-invest the rest here after Doog makes whatever changes he making. Want to see how they work out first
2013-10-03 20:54:17 Nix: I never seen nak do anything besides 49.5% bets
2013-10-03 20:54:48 hex: I am just glad to take some coins from Nak for a change. He took 500 BTC from me, I got 400+ BTX back from him
2013-10-03 20:54:53 BTC
2013-10-03 20:55:46 Maybe it was my error. I copies my emergency withdrawal address, pasted it into the withdral box, entered my google auth and that was it
2013-10-03 20:56:03 But who knows -
2013-10-03 20:57:51 Doog: did you see my suggestion from forums. Make investors have weighted votiing based on votes = BTC invested X days invested. Any divestment resets the count. Then decide things such as max profit based on weight of vote. For example, max profit will
2013-10-03 20:58:15 Doog: be the weighted average. It a good system since it simple and it rewards p[assive investors with more say and discourages daytrading
2013-10-03 20:58:34 Doog: kills 2 birds with one stone and will give a mechanism to communicate with your investors
2013-10-03 21:01:14 fractal:everyone should use Bitmessage - much more secure
2013-10-03 21:01:20 fractal: and anonymous
2013-10-03 21:01:31 rolf: a few days
2013-10-03 21:02:00 Btw, if anyone using same pwd as bitcointalk at other sites, you should change it as a pracaution
2013-10-03 21:03:06 Doog: ok then it should reset it for the amount invested
2013-10-03 21:03:30 Doog: so you invest 1000 then divest 100 and reinvest it. The 900 has the old weight and the 100 reinvested has the new lesser weight
2013-10-03 21:03:45 doog: no negative votes, lowest is 0
2013-10-03 21:04:18 Doog: then the max profit just a weighted average. You could use it for votes going forward also when you want investor input
2013-10-03 21:04:59 Doog: not as I conceptualize it. It should be based off principal, not investment
2013-10-03 21:05:31 Doog: divestments down until the principal should not effect votes. No should BTCs above principal vote
2013-10-03 21:05:48 doog: then no votes but not a negative #.
2013-10-03 21:06:05 Doog: it should be what you put into the site as a risk. Not what fortune gave you or took away
2013-10-03 21:06:21 Doog: you are rewarding investing in the site, not fortune
2013-10-03 21:06:26 or punishing misfortune
2013-10-03 21:06:53 null: I am completely divested - I don;t deserve more votes than my principle
2013-10-03 21:07:00 null: it unreasonable to expect mopre
2013-10-03 21:07:28 doog: it just my suggestion and my feeling about what is fair. You just have a different opinion I guess
2013-10-03 21:07:38 doog: these are not demands, just suggestions.
2013-10-03 21:08:08 doog: noone will agrew on what is perfect. I and others will be happy with better than status quo
2013-10-03 21:08:20 agrew=agree
2013-10-03 21:08:42 Doog: put it all to a vote, and it will work out as an average
2013-10-03 21:09:02 Doog: and investors with large amounts invested or for a long time or both will feel like it more fair
2013-10-03 21:10:39 Doog: well now as one of the sites "whales" I will say, if it fair to raise house edge for max profits over 40 BTC (the competitors). Since where else would I go and I looked at those bets. Even with 1.99% edge, I would have won each one
2013-10-03 21:11:21 Doog: but hey, if you don;t want to hear a nbunch of screaming differing opinion,s that wherre a vote is nice or a weighted result
2013-10-03 21:13:06 doog:I don't think so since the largest and oldest investors seen the destruction it causes. I think it would be closer to 0.5%
2013-10-03 21:13:16 doog: there an easy way to settle this though, with a vote;)
2013-10-03 21:13:54 doog: I could not stand it and I havbe a lot of coins. Trust me, if nakowa lost 2500 BTC of his investment, he would not be calm about it
2013-10-03 21:14:14 fractal: most those votes were spectatpors and daytraders who want variance fopr their amusmenemt and trading
2013-10-03 21:14:24 fractal: that vote is less than meaningless
2013-10-03 21:14:58 fractal: my personal opinion, I like0.5% max profit
2013-10-03 21:15:20 charity: would not be an option. Loweest option for edge would be 1% and max profit 0.25%
2013-10-03 21:15:27 Highest option for edge 2% and max profit 1%
2013-10-03 21:16:13 fractal: I was prepared to lose coins, even for big losses. Problem is when there a big drop, others invest and silute those sitting on the losses making it even harder to get back to even
2013-10-03 21:16:29 fractal: not something I considered and a design flaw IMHO
2013-10-03 21:17:16 fractal: I am siply stating it a poor design since it makes the "stay invested and let math work" philosophy invalid
2013-10-03 21:17:27 fractal: that only true if your pice of thepie remains unchanged
2013-10-03 21:18:09 fractal: a possible fix for that would be for piece of bankroll profits to be based off of principal as opposed to investment
2013-10-03 21:18:36 fractal: I am not claiming it not stated, just stating it unfair for investors and incompatible with maintaining investment for the longterm
2013-10-03 21:18:54 fractal: for most ppl, the risk is assumed to be of losing to players, not to investment dilution or those daytrading their investments
2013-10-03 21:19:44 fractal: we all welcome to our opinion. Be nice to put this to a weighted vote since I think my opinion based on coins invested X time invested is much more popular than yours
2013-10-03 21:20:28 fractal: this is meaningless discussion. We each have our own valid opinion. What we need is a way to measure consensus amoung the committed investors
2013-10-03 21:21:49 fractal: well we given doog suggestions, he will figure it out
2013-10-03 21:22:02 enohad: max profit and house edge
2013-10-03 21:24:12 fractal: a lot of being wanted 1%, remember?
2013-10-03 21:24:18 fractal: weren;t you one of them?
2013-10-03 21:24:29 fractal: I wanted 0.5%. Doog dcided 0.25%
2013-10-03 21:25:59 My biggest concer not the max profit or the edge. I am fine with both. It the dilution factor.
2013-10-03 21:26:50 With the dilution, waiting it out until math does it thing does notwork
2013-10-03 21:27:23 enhpad: I lost 25% of my investment, then new investors come in and increase bankroll by 50%. Now my ROI cut in half
2013-10-03 21:27:44 enphad: now you need it to go up double what it went down the site to get back to even
2013-10-03 21:28:19 uvw: Nakowa is a lying asshole with a crap site. I rather put Btc in the dumpster
2013-10-03 21:28:47 uvw: how everyone keeps forgetting the 1300BCT he stole from site I do not know. he cannot be trusted
2013-10-03 21:29:38 roland: http://www.coindesk.com/bitcoin-gambler-cheats-satoshidice-competitor-just-dice-out-of-1300-btc/
2013-10-03 21:30:05 makah: regardless, it shows nakowa not trustworthy to hold your coins
2013-10-03 21:30:20 makah: feel free to give the asshole your coins though to hold
2013-10-03 21:31:02 makah: I agree, I would not trust me with coins either. They are safer with doog:)
2013-10-03 21:31:22 roland: maybe after 2 hours in a trash compactor I would
2013-10-03 21:32:00 GOB: it a weighted vote. Doog likes idea but disagrees on best implementation
2013-10-03 21:32:47 charity: I am a huge liar
2013-10-03 21:33:04 charity: everything I say is a lie
2013-10-03 21:34:03 roland: fuck the grandkids, they'll prolly put me in a nursing home
2013-10-03 21:44:02 GOD: weighted vote not help me much. I am divested now and when I reinvest my votes wqill be worth very little compared to smaller investors who stayed invested a long itme

Xialla

legendary

Activity: 1036

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/dev/null

oki I'm not gamble expert or something but some points are imho clear:

*dice sites looks nice
*you don't need to known any rules, install anything special
*game is clear and fair
*game is not time consuming at all, you can decide anytime to stop and withdraw
*some stupids believe in mechanisms like martingale

generally, if somebody wants to gamble and don't want to put ANY effort to game, dice is the best choice..

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: dooglus on August 05, 2015, 02:18:48 PM

Quote from: Bardman on July 27, 2015, 05:45:31 AM

I used to play dice because i thought i could make profit, stable profit from it, obviously i was wrong, you can't win in the long term, that was my only purpose of playing dice, other than that i do not find it fun or entertaining unless im winning money, i would not play dice if money was not involved, so my question is, why people still play? Im sure 90% of people know what your odds are and that strategies don't work, what is their purpose? Do you guys really have fun playing dice? Watching a number appear on the screen?

You may as well ask "why do people still gamble?"

"dice" as it is known, is basically just a very simple way of gambling. You get to pick whatever chance of winning you want, and get a payout that is very nearly but not quite "fair".

It's like roulette, but instead of being limited to 2x, 3x, 6x, 9x, 12x, 18x, and 36x payouts you can pick any payout you like.An

Also the edge is smaller. People play slot machines where the edge is 10%-15% and lotteries where it's in the region of 50%.

So why do people still gamble? I guess it's the thrill of knowing you might make a lot of "easy money".

Its just like a drug, that rush and thrill you get from winning keeps people coming back for more. Plus all the 'success' stories people catch wind of make them think that, this time it could be them.

Aleator

sr. member

Activity: 616

Merit: 250

We should keep in mind that the question is why people gamble "bitcoin" dice games.

Now I do not think even before bitcoin people from Pakistan/China/Venice or whatever left their country to gamble at Las Vegas that much , most of Las Vegas' income is Americans with some foreigners but online gambling changed that. Unfortunately many laws for online gambling so bitcoin is a great way to gamble.

Las Vegas lost almost %20 revenue in last 8 years. If it keeps up like this I think Las Vegas will have a loooot of problems.

dooglus

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Quote from: Bardman on July 27, 2015, 05:45:31 AM

I used to play dice because i thought i could make profit, stable profit from it, obviously i was wrong, you can't win in the long term, that was my only purpose of playing dice, other than that i do not find it fun or entertaining unless im winning money, i would not play dice if money was not involved, so my question is, why people still play? Im sure 90% of people know what your odds are and that strategies don't work, what is their purpose? Do you guys really have fun playing dice? Watching a number appear on the screen?

You may as well ask "why do people still gamble?"

"dice" as it is known, is basically just a very simple way of gambling. You get to pick whatever chance of winning you want, and get a payout that is very nearly but not quite "fair".

It's like roulette, but instead of being limited to 2x, 3x, 6x, 9x, 12x, 18x, and 36x payouts you can pick any payout you like.An

Also the edge is smaller. People play slot machines where the edge is 10%-15% and lotteries where it's in the region of 50%.

So why do people still gamble? I guess it's the thrill of knowing you might make a lot of "easy money".

adaseb

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Quote from: Don007 on August 05, 2015, 10:36:54 AM

Quote from: wadili89 on August 03, 2015, 11:13:27 AM

its addiction once you make some easy money you then want to repeat it again and again easy money is attractive i used to play dice i loss like 0.1 BTC but i did not stop i wanted to cover all i keep on playing and as soon as i cover the investment i managed to get back 0.1 BTC i withdraw and stop

You're right on that point. Such addiction is dangerous. I think most of us know someone who has serious problems with gamble addictions.

Because of the addiction, people simply do not know when they should stop.
- If they are making money, they think they are in the winning mood and continue gambling 'to win even more'
- If they are loosing money, they continue gambling 'to cover previous costs'.

I think such addictions especially arise at people gambling at fruit slots. Whenever you enter a casino over here, you are likely to see the very same people behind this slot machines each time.

That's is actually a conspiracity theory based on what you wrote. Where casinos intentionally let amateurs win so they have false hope and start betting big and start losing everything. They made a documentary about it.

Don007

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Live like there is no tomorrow!

Quote from: wadili89 on August 03, 2015, 11:13:27 AM

its addiction once you make some easy money you then want to repeat it again and again easy money is attractive i used to play dice i loss like 0.1 BTC but i did not stop i wanted to cover all i keep on playing and as soon as i cover the investment i managed to get back 0.1 BTC i withdraw and stop

You're right on that point. Such addiction is dangerous. I think most of us know someone who has serious problems with gamble addictions.

Because of the addiction, people simply do not know when they should stop.
- If they are making money, they think they are in the winning mood and continue gambling 'to win even more'
- If they are loosing money, they continue gambling 'to cover previous costs'.

I think such addictions especially arise at people gambling at fruit slots. Whenever you enter a casino over here, you are likely to see the very same people behind this slot machines each time.

Dennis7777

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Activity: 640

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Quote from: 7bestone7 on August 03, 2015, 11:09:00 AM

Quote from: Dennis7777 on August 03, 2015, 10:40:54 AM

Quote from: Erza on August 03, 2015, 09:00:46 AM

Quote from: FanEagle on August 02, 2015, 08:46:57 AM

Yeah, many tries and fail, then the first new comer does this and fails more.
https://i.imgur.com/eyzhPWN.png
Tongue

good old times... Roll Eyes

7k of bitcoin? That is too much too loss, if I were him I will use that to open some business rather than random hit 98% winning percentage and loss Grin

. So unlucky him

To be fair, that guy actually started with *only* 1700 bitcoin and won many low-multiplier bets before losing all of them.
So he was very lucky to be able to turn 1700 to 7016.

from where did you get all this information? is there a statistics webpage about it? i would be keen on checking it also its hard to believe how someone can make such huge bets

Reddit discussion back then: http://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/

Also, dooglus posted a list of 27 bet, showing how that guy turned 1767 btc to 7016 btc to 0 btc
https://bitcointalksearch.org/topic/m.7583610

wadili89

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its addiction once you make some easy money you then want to repeat it again and again easy money is attractive i used to play dice i loss like 0.1 BTC but i did not stop i wanted to cover all i keep on playing and as soon as i cover the investment i managed to get back 0.1 BTC i withdraw and stop

7bestone7

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★YoBit.Net★ 200+ Coins Exchange & Dice

Quote from: Dennis7777 on August 03, 2015, 10:40:54 AM

Quote from: Erza on August 03, 2015, 09:00:46 AM

Quote from: FanEagle on August 02, 2015, 08:46:57 AM

Yeah, many tries and fail, then the first new comer does this and fails more.
https://i.imgur.com/eyzhPWN.png
Tongue

good old times... Roll Eyes

7k of bitcoin? That is too much too loss, if I were him I will use that to open some business rather than random hit 98% winning percentage and loss Grin

. So unlucky him

To be fair, that guy actually started with *only* 1700 bitcoin and won many low-multiplier bets before losing all of them.
So he was very lucky to be able to turn 1700 to 7016.

from where did you get all this information? is there a statistics webpage about it? i would be keen on checking it also its hard to believe how someone can make such huge bets

Dennis7777

hero member

Activity: 640

Merit: 500

Quote from: Erza on August 03, 2015, 09:00:46 AM

Quote from: FanEagle on August 02, 2015, 08:46:57 AM

Yeah, many tries and fail, then the first new comer does this and fails more.
https://i.imgur.com/eyzhPWN.png
Tongue

good old times... Roll Eyes

7k of bitcoin? That is too much too loss, if I were him I will use that to open some business rather than random hit 98% winning percentage and loss Grin

. So unlucky him

To be fair, that guy actually started with *only* 1700 bitcoin and won many low-multiplier bets before losing all of them.
So he was very lucky to be able to turn 1700 to 7016.

GrandmaJean

sr. member

Activity: 280

Merit: 250

Quote from: Vezalke on August 03, 2015, 05:25:05 AM

Quote from: QuantumDice9 on August 03, 2015, 02:36:02 AM

Simple and elegant. If you're lucky, you might just walk away with a nice payout. But long term gambling carries a significant risk of ruin. The math always catches up

+1
And dice websites has really low house edge, compared to other games in casinos.

but it also involves no skill as other casino games might let people play with strategies and their skills, i guess people just want to receive a lot of money fast from gambling thats why they do dice

Erza

legendary

Activity: 1078

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Quote from: shanem on August 02, 2015, 08:41:01 AM

Quote from: birdcat90 on August 01, 2015, 08:01:13 PM

they playing dice because on dice there a % to be played...

from 0.01 till 98%,, so there is more chance to get profit...if only they know that % really not important

This is another reason why people play dice.
You can choose the odds to play. Someone people just want to try for a big jackpot by using very high odds with a small percentage.

In dice I dont think you can hit jackpot using low odds and small percentage, if you win you can win only for a little bit except you dare to play high roll then bump hit jacpot and win a lot of cash but most people are doing high odds with a small percentage only for fun, nothing more Grin

Quote from: FanEagle on August 02, 2015, 08:46:57 AM

Yeah, many tries and fail, then the first new comer does this and fails more.
https://i.imgur.com/eyzhPWN.png
Tongue

good old times... Roll Eyes

7k of bitcoin? That is too much too loss, if I were him I will use that to open some business rather than random hit 98% winning percentage and loss Grin

. So unlucky him

birdcat90

hero member

Activity: 602

Merit: 500

Quote from: QuantumDice9 on August 03, 2015, 02:36:02 AM

Simple and elegant. If you're lucky, you might just walk away with a nice payout. But long term gambling carries a significant risk of ruin. The math always catches up

yeah more simple is more better...but but not always the case..

playing dice no need to think hard,right? we just click, set odd then roll...fast profit fast loss..thats why i love dice..get the result in instant

Vezalke

member

Activity: 76

Merit: 10

Quote from: QuantumDice9 on August 03, 2015, 02:36:02 AM

Simple and elegant. If you're lucky, you might just walk away with a nice payout. But long term gambling carries a significant risk of ruin. The math always catches up

+1
And dice websites has really low house edge, compared to other games in casinos.

Topic: Why do people still play dice? - page 27. (Read 22294 times)