♨️🎲 WINDICE.io 🎲 0.3 BTC Wagering Contest 🔰 Progressive Faucet💰 Jackpots 🎁❤ - page 50.

Lakai01

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Quote from: FanEagle on November 27, 2019, 01:00:59 PM

I can't really support a wagering contest that is not provably fair. I mean it is not even a "wagering" contest the way we know it, it is a wagering contest for people who gamble certain amount of money for a secret number which is a weird flex but okay.

I still think the current one is good enough, windice knows what they are doing and this type of contest is still amazing if you ask me.

Sure, its not a classic wagering contest (in fact, its not even a wagering contest Wink

). The idea should be a variant for the contest already held, it shouldnt replace them but windice could hold them additionally to attract a whole new customerbase.

I like the classic contests, too, but as other users mentioned they become quite boring when they happen too often.

FanEagle

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I can't really support a wagering contest that is not provably fair. I mean it is not even a "wagering" contest the way we know it, it is a wagering contest for people who gamble certain amount of money for a secret number which is a weird flex but okay.

I still think the current one is good enough, windice knows what they are doing and this type of contest is still amazing if you ask me.

All I can ask for is just a fixed interval. If what veleten has said is true (I haven't checked personally) that means they are doing on Wednesdays and end on Saturdays which means they do have a schedule that they hide from us, maybe we could just make it a public thing where there is one contest every Wednesday? That would be lovely honestly, maybe wagering would go down eventually but we would at least have a steady one.

Lakai01

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Quote from: SquallLeonhart on November 27, 2019, 07:17:20 AM

Or maybe the smaller ones are so frequent that it doesn't change much from the perspective of gamblers and the rare bigger ones are the ones that make the real profit for them. So, team has to sit down and talk about how the results are going and calculate which one has made more profit in general with the time considered into it as well. They will know which one is better and will do it accordingly.

I would see the competitions with hidden waggering targets as an advertisment to:
- attract totally new players to the site
- getting such contests known to players who didnt take past in such contests in the past due to their low stack

If windice could raise the total amount of players constantly playing, it's definitely a win for them in my opinion!

SquallLeonhart

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Quote from: Lakai01 on November 26, 2019, 01:22:02 PM

Quote from: SquallLeonhart on November 26, 2019, 09:50:05 AM

I suppose windice didn't get too much attention with their contest after a while since it is always unknown dates and people are sick and tired of the same results but if they could put a version where they notify everyone about it maybe they could get back to 10 btc times again.

My suggestion to attract new players would be hosting a wagering contest with slightly changed rules, eg. a "christmas special". The rules would be as follows:
- Windice picks a number between 0.1 and 3 BTC, eg. "2,214321" keeps it a secret until the end of the contest
- Every player has to wager the amount he or she thinks is closest to the picked number.
- The number picked is revealed at the end of the contest and the Top 10 players who wagered amounts nearest to that number are rewarded

This variation has the advantage that anyone can win, from a small fish to a big whale. Winning the contest doesnt depend on how big your stack is but how lucky you are and how close your bet is to the secretly picked number.

So the team has to ask themselves, will they want more frequent but lower winner contests or will they want rare but higher ones? Because both of it could end up being totally different in the profit sense for the team. Maybe in one of them they are getting smaller number of profits but more frequently totaling to bigger compared to rare but higher ones?

Or maybe the smaller ones are so frequent that it doesn't change much from the perspective of gamblers and the rare bigger ones are the ones that make the real profit for them. So, team has to sit down and talk about how the results are going and calculate which one has made more profit in general with the time considered into it as well. They will know which one is better and will do it accordingly.

MonsterV

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Quote from: Bitinity on November 26, 2019, 10:28:29 PM

So it cant be called as wagering contest anymore imho since wagering contest is a contest to wager as much as possible. I understand your point to have another contest which is suitable for all players but it should not be called as wagering contest. Regarding your suggestion, how do players know that the picked number is wont be changed at the end of the contest? I do not mean to say that windice will do it, but I'm talking about the fairness of it. The picked number should be verifiable to make it fair and to avoid doubt from participants. This kind of contest is indeed good for players but it wont be as good as wagering contest for the casino unless the prize is smaller than the usual wagering contest.

Choosing a number I think is also included in a betting game, because they also bet with money to get the number chosen. And to prove whether the site is proven fair in running this kind of game, they can use blockhchain to send encrypted messages which will be opened after the contest ends.

Betwrong

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I stand with Ukraine.

Quote from: Bitinity on November 24, 2019, 06:56:00 PM

Quote from: Betwrong on November 24, 2019, 09:51:34 AM

Quote from: veleten on November 23, 2019, 05:12:33 PM

~
this contest was pretty anticlimatic - no real fight for the top spot and Rodolman took it easily with just 3.9 btc wagered
can't see his stats , but pretty sure this was a profitable run , unless he played very risky
but this guy is not new

saw him in the last contests top spots usually
anyways , was fun for me I managed to place high in the table with a relatively small bankroll , total around 300k satoshi
and managed a decent profit + the prize money , very happy about it Cheesy

I think it's safe to assume that for Rodolman and for jellyroll2018 it's been a pleasant experience. I predict more high rollers to participate in the next contest because it's obviously worth it.

Congrats on your profit from the participation! Being in your place I would recover my losses at best, because in wagering contests I play with 1.0102x payout, and usually lose a bit more than 1% of the amount wagered. But, apparently, you have used another strategy and you won with it. Good job!

I wont do that if I'm participating in wagering contest. Indeed that seems to be the lowest risk strategies but for me it is like the worst strategy since once you hit lose bet several times then you'll need thousands winning bets in order to recover the losses from the losing bets. In fact it is almost impossible to have thousands winning bets without other losing bet(s). My suggestion, use at least 1.1x payout but indeed you need to have a higher bankroll for better result. Combining strategies is also good imho, so you are not wagering for the contest only but you are also aiming for profit while betting.

Yes, playing with 1.0102x payout is the simplest, and, probably, the most stupid strategy for participating in a wagering contest. I'm aware of that. If it's not for such a contest, I never play with low payouts, even with 1.1x. My favorite ones are 99x, 120x and higher. When playing with 1.0102x payout all the time, it's almost impossible to be in profit after 10,000 bets. Rather, it's almost guaranteed that you'll lose 1%-2% of the wagered amount. But in the end it depends on the prize you can potentially get. If the prize is several times higher than 2% of what you must wager for it, then 1.0102x is the best. But if the prize is around 1% or even less than that, which is pretty often the case, then combining strategies is definitely a better solution because your profit from the participation will most likely be negative otherwise.

Lakai01

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Activity: 2296

Merit: 2721

Quote from: Bitinity on November 26, 2019, 10:28:29 PM

Regarding your suggestion, how do players know that the picked number is wont be changed at the end of the contest? I do not mean to say that windice will do it, but I'm talking about the fairness of it. The picked number should be verifiable to make it fair and to avoid doubt from participants.

I dont think that cheating would have any positive effect for the casino since the price is split between the nearest guesses anyways. But to make it provable fair Windice could easily make use of the possibilities a blockchain provides, eg a signed encrypted message.

Since the prize pool is way smaller on the one hand and that there are many more customers attracted to the contest I dont think that it would be a loss for the casino. Anyways, they could see it as a marketing campaign, too.

Bitinity

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Activity: 3066

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Quote from: Lakai01 on November 26, 2019, 01:22:02 PM

Quote from: SquallLeonhart on November 26, 2019, 09:50:05 AM

I suppose windice didn't get too much attention with their contest after a while since it is always unknown dates and people are sick and tired of the same results but if they could put a version where they notify everyone about it maybe they could get back to 10 btc times again.

My suggestion to attract new players would be hosting a wagering contest with slightly changed rules, eg. a "christmas special". The rules would be as follows:
- Windice picks a number between 0.1 and 3 BTC, eg. "2,214321" keeps it a secret until the end of the contest
- Every player has to wager the amount he or she thinks is closest to the picked number.
- The number picked is revealed at the end of the contest and the Top 10 players who wagered amounts nearest to that number are rewarded

This variation has the advantage that anyone can win, from a small fish to a big whale. Winning the contest doesnt depend on how big your stack is but how lucky you are and how close your bet is to the secretly picked number.

So it cant be called as wagering contest anymore imho since wagering contest is a contest to wager as much as possible. I understand your point to have another contest which is suitable for all players but it should not be called as wagering contest. Regarding your suggestion, how do players know that the picked number is wont be changed at the end of the contest? I do not mean to say that windice will do it, but I'm talking about the fairness of it. The picked number should be verifiable to make it fair and to avoid doubt from participants. This kind of contest is indeed good for players but it wont be as good as wagering contest for the casino unless the prize is smaller than the usual wagering contest.

dunfida

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Activity: 3122

Merit: 1140

Quote from: Lakai01 on November 26, 2019, 01:22:02 PM

Quote from: SquallLeonhart on November 26, 2019, 09:50:05 AM

I suppose windice didn't get too much attention with their contest after a while since it is always unknown dates and people are sick and tired of the same results but if they could put a version where they notify everyone about it maybe they could get back to 10 btc times again.

My suggestion to attract new players would be hosting a wagering contest with slightly changed rules, eg. a "christmas special". The rules would be as follows:
- Windice picks a number between 0.1 and 3 BTC, eg. "2,214321" keeps it a secret until the end of the contest
- Every player has to wager the amount he or she thinks is closest to the picked number.
- The number picked is revealed at the end of the contest and the Top 10 players who wagered amounts nearest to that number are rewarded

This variation has the advantage that anyone can win, from a small fish to a big whale. Winning the contest doesnt depend on how big your stack is but how lucky you are and how close your bet is to the secretly picked number.

Good suggestion! When we do talk about wagering contest then its just normal to think on who would always been favored to win on top spot which it wont
really give out chances for those small wagerers and with this kind of suggestion which is somewhat ideal to be tried on to hook up even those small wagerer type of players
since they do know that they would have the chance of winning.

Lakai01

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Activity: 2296

Merit: 2721

Quote from: SquallLeonhart on November 26, 2019, 09:50:05 AM

I suppose windice didn't get too much attention with their contest after a while since it is always unknown dates and people are sick and tired of the same results but if they could put a version where they notify everyone about it maybe they could get back to 10 btc times again.

My suggestion to attract new players would be hosting a wagering contest with slightly changed rules, eg. a "christmas special". The rules would be as follows:
- Windice picks a number between 0.1 and 3 BTC, eg. "2,214321" keeps it a secret until the end of the contest
- Every player has to wager the amount he or she thinks is closest to the picked number.
- The number picked is revealed at the end of the contest and the Top 10 players who wagered amounts nearest to that number are rewarded

This variation has the advantage that anyone can win, from a small fish to a big whale. Winning the contest doesnt depend on how big your stack is but how lucky you are and how close your bet is to the secretly picked number.

veleten

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Activity: 2016

Merit: 1107

as to the set dates of the wagering competition , if you haven't noticed four out of five competitions started on Wednesday and ended in three days on Saturday
so there is a schedule , it is just they do not happen every week
I don't think the results for the site depend on the schedule , you can see sites with daily contests struggle to get players so it is not about that
but I'm sure windice people are reading this thread and are definitely paying attention to what players want

SquallLeonhart

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Activity: 2464

Merit: 1102

Quote from: Zicadis on November 24, 2019, 05:21:55 PM

It's often the last few minutes that are super intense for most players as that's when the people swarm in to place their bets as it gives them an idea of how much they need to bet to win and its a great strategy because you can assess early in the game if its even worth betting or not.

Yes, it doesn't matter how long the contest takes, it could take years but in the end there will be a lot of people competing for the top spot at the last hour or so. The trick is not to get it high in the first place so that people could bet on the last hour and get a higher position. Sure they could play their all cards and get as high as they can and stop and just wait and see how much people will get close or get over them but that would only show their hands so people really hide their best.

I suppose windice didn't get too much attention with their contest after a while since it is always unknown dates and people are sick and tired of the same results but if they could put a version where they notify everyone about it maybe they could get back to 10 btc times again.

Lakai01

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Activity: 2296

Merit: 2721

Quote from: redsun114 on November 25, 2019, 07:38:37 AM

I remember reaching above 10 btc on the first ones (like third one or so I think) but now there is really nobody that gambles that much, we ended up with less than 4 bitcoins which is not nice for the casino. So they realized they didn't really made any profits on these competitions hence why they are not doing it on fixed interval.

Afaik it was the second contest where the winner wagered more than 10 BTC.
Those wagering contest should be something special in my opinion. If the are held too often people lose interest, play less and wager less BTC because they know that the next contest is just around the corner. Imagine if christmas would happen every two weeks, no one would be excited anymore Wink

redsun114

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Leading Crypto Sports Betting & Casino Platform

Quote from: windice on November 23, 2019, 02:44:16 PM

Congratulations to the winners of the contest!

[im g]https://i.imgur.com/RXtLlL4.png[/img]

Congratz to rodolman for the win, I think the reason why Windice is not doing the "fixed interval" type of deal because there was a lot of attention to it for the first games and there was yoloer fighting with rodolman and so forth but now there are no competition and the games end very quickly and doesn't get too much wagered.

I remember reaching above 10 btc on the first ones (like third one or so I think) but now there is really nobody that gambles that much, we ended up with less than 4 bitcoins which is not nice for the casino. So they realized they didn't really made any profits on these competitions hence why they are not doing it on fixed interval.

Congratz to you veleten as well, it is not easy to gamble 0.26 with just 300k satoshi and also make a profit AND get reward.

livingfree

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Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: AakZaki on November 24, 2019, 08:12:15 AM

I want to ask on the gambling platform windice.io I want to make a withdrawal using Doge hoping that the withdrawal can be faster and at a low cost.

however, what I experienced was that the Doge withdrawal is still pending two hours when it was made. Is the withdrawal experiencing interruption?
Please let me know

Is your withdrawal is still not yet confirmed? every time I withdraw with altcoin I don't have any interruption and problem with that. But I remember last time that there's an interruption within the network and it can't be done by windice because it's no longer on their part.

Can you get back here and tell if it's not yet okay?

veleten

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Activity: 2016

Merit: 1107

Quote from: panjul07 on November 24, 2019, 07:45:02 AM

Quote from: veleten on November 23, 2019, 05:12:33 PM

Quote from: SquallLeonhart on November 23, 2019, 11:12:32 AM

I am pretty sure there will be whales coming in at the last second but yoloer seems like gone for the past few rounds. He played in the first few rounds but then he probably decided that it doesn't worth it and took off, otherwise he was actually finishing at the top but then he started to get competition and that destroys all the "play bare minimum to be top and get paid" method when you have people trying to gamble more than you and get to top.

It is of course very difficult to calculate the real average house edge when you calculate the reward as well.

Not everyone gets the same reward and not everyone gambles the same level on each contest but there is really one truth about this contest and that is the fact that it drops the house edge and that is very cool.

this contest was pretty anticlimatic - no real fight for the top spot and Rodolman took it easily with just 3.9 btc wagered
can't see his stats , but pretty sure this was a profitable run , unless he played very risky
but this guy is not new

saw him in the last contests top spots usually
anyways , was fun for me I managed to place high in the table with a relatively small bankroll , total around 300k satoshi
and managed a decent profit + the prize money , very happy about it Cheesy

It is probably due to the weekends as the last day of the contest where most whales were spending their time out of gambling place.
Perhaps most whales where spending their time and money for other activities in real life so they did not come at windice for the contest.
Wagering almost 4btc and won 0.1 on the contest is obviously profitable if he did manage it correctly.
By the way congrats for you as you managed to win plus the winning prize on the contest.

on weekends the betting volumes are higher usually , so I don't think it is because of the timing
if I want to participate , I would find time in three days to do so
I was extremely busy during the contest , but still managed to leave my autobet running only to check it from time to time
so if there is a will , there is a way , the problem is not in the lack of time but in the lack of money Cheesy

the previous contests saw at least 4-5 bettors duking it out for the tops spot , this time there was only one contender and he took the prize home

Bitinity

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Merit: 1312

Quote from: Betwrong on November 24, 2019, 09:51:34 AM

Quote from: veleten on November 23, 2019, 05:12:33 PM

~
this contest was pretty anticlimatic - no real fight for the top spot and Rodolman took it easily with just 3.9 btc wagered
can't see his stats , but pretty sure this was a profitable run , unless he played very risky
but this guy is not new

saw him in the last contests top spots usually
anyways , was fun for me I managed to place high in the table with a relatively small bankroll , total around 300k satoshi
and managed a decent profit + the prize money , very happy about it Cheesy

I think it's safe to assume that for Rodolman and for jellyroll2018 it's been a pleasant experience. I predict more high rollers to participate in the next contest because it's obviously worth it.

Congrats on your profit from the participation! Being in your place I would recover my losses at best, because in wagering contests I play with 1.0102x payout, and usually lose a bit more than 1% of the amount wagered. But, apparently, you have used another strategy and you won with it. Good job!

I wont do that if I'm participating in wagering contest. Indeed that seems to be the lowest risk strategies but for me it is like the worst strategy since once you hit lose bet several times then you'll need thousands winning bets in order to recover the losses from the losing bets. In fact it is almost impossible to have thousands winning bets without other losing bet(s). My suggestion, use at least 1.1x payout but indeed you need to have a higher bankroll for better result. Combining strategies is also good imho, so you are not wagering for the contest only but you are also aiming for profit while betting.

Zicadis

legendary

Activity: 1372

Merit: 1027

Dump it!!!

Quote from: sana54210 on November 24, 2019, 02:46:27 PM

Quote from: veleten on November 23, 2019, 05:12:33 PM

no real fight for the top spot and Rodolman took it easily with just 3.9 btc wagered
can't see his stats , but pretty sure this was a profitable run , unless he played very risky
but this guy is not new

saw him in the last contests top spots usually
anyways , was fun for me I managed to place high in the table with a relatively small bankroll , total around 300k satoshi
and managed a decent profit + the prize money , very happy about it Cheesy

Games usually end very high on the last hour, not even on the last hour but on the last thirty minutes or so because the whales that try to win come in at that second. They know if they do it beforehand the people who will compete will know how much they are willing to bet and all that so they stop and if they try to start from now they will compete with each other all competition and that would make the price go up a lot, but when they start at the last second, they know that they don't have to go that high so they start very late and when they compete with each other they have limited time so it can't go too high.

Well put Sana. It's often the last few minutes that are super intense for most players as that's when the people swarm in to place their bets as it gives them an idea of how much they need to bet to win and its a great strategy because you can assess early in the game if its even worth betting or not.

sana54210

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Merit: 1128

Quote from: veleten on November 23, 2019, 05:12:33 PM

no real fight for the top spot and Rodolman took it easily with just 3.9 btc wagered
can't see his stats , but pretty sure this was a profitable run , unless he played very risky
but this guy is not new

saw him in the last contests top spots usually
anyways , was fun for me I managed to place high in the table with a relatively small bankroll , total around 300k satoshi
and managed a decent profit + the prize money , very happy about it Cheesy

Games usually end very high on the last hour, not even on the last hour but on the last thirty minutes or so because the whales that try to win come in at that second. They know if they do it beforehand the people who will compete will know how much they are willing to bet and all that so they stop and if they try to start from now they will compete with each other all competition and that would make the price go up a lot, but when they start at the last second, they know that they don't have to go that high so they start very late and when they compete with each other they have limited time so it can't go too high.

Betwrong

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Activity: 3374

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I stand with Ukraine.

Quote from: veleten on November 23, 2019, 05:12:33 PM

~
this contest was pretty anticlimatic - no real fight for the top spot and Rodolman took it easily with just 3.9 btc wagered
can't see his stats , but pretty sure this was a profitable run , unless he played very risky
but this guy is not new

saw him in the last contests top spots usually
anyways , was fun for me I managed to place high in the table with a relatively small bankroll , total around 300k satoshi
and managed a decent profit + the prize money , very happy about it Cheesy

I think it's safe to assume that for Rodolman and for jellyroll2018 it's been a pleasant experience. I predict more high rollers to participate in the next contest because it's obviously worth it.

Congrats on your profit from the participation! Being in your place I would recover my losses at best, because in wagering contests I play with 1.0102x payout, and usually lose a bit more than 1% of the amount wagered. But, apparently, you have used another strategy and you won with it. Good job!

Topic: ♨️🎲 WINDICE.io 🎲 0.3 BTC Wagering Contest 🔰 Progressive Faucet💰 Jackpots 🎁❤ - page 50. (Read 29951 times)