Dropping the house edge means you also have a bigger chance of winning. If the house edge of a place is 5% then
you are losing your money a lot more quickly, if it is 1% then it is slower and if it is just 0.4% or something then there is a big chance you can actually make a profit if you get lucky, 1 out of 100 hands that you won more than you lost would equal to winning instead of break even.
Hence, I think dropping the house edge doesn't really mean you will automatically lose money. These are not robots, these are people so we can't know if they lost 0.1 or 0.04 or 10, they might have won a ton more. Hence in the end, they are literally risking a chance of losing all they have maybe but at the same time getting the reward of easier money making possibility.
Topic: ♨️🎲 WINDICE.io 🎲 0.3 BTC Wagering Contest 🔰 Progressive Faucet💰 Jackpots 🎁❤ - page 60. (Read 29757 times)
October 23, 2019, 03:52:10 AM
October 23, 2019, 01:14:09 AM
Actually we never know how they strategy work on each player because I believe they sure have their own strategy to get profit or even to get this huge wager amount. And I believe for some big whale which make 14 btc wager sure is aiming for profit. But for the rest including me, may be we can count as small whale which is tend to lose this 1% from the wagering amount because from the start we are aiming for big wager amount
If small gamblers like me want to wager 14 BTC have to wager small amounts several times to reach this amount. In this case you will likely lose 0.14 BTC. But whales and rich gamblers can wager 14 BTC with wagring 1 BTC 14 times. In this case, every thing is possible. Maybe double your balance and maybe lose all 14 bitcoins. Like I said before it does not guarantee that you will lose only 1% but at least it will be 1% for sure. But for big whale if they bet 1 btc, they can even lose more as well, it is double edge sword for them as well. I know it is possible but still it will bear really huge risk just to play with 1 btc amount. Anyway I already said too about the strategy that they used will be difference to get huge wagered and profit. So it just depends on luck whether what your aim is
October 23, 2019, 01:02:59 AM
-snip-
Because his profile is public. We can easily calculate his total profit or loss.
Impressive, thank you very much for the detailed info, merit will follow asap!Because his profile is public. We can easily calculate his total profit or loss.
I am going to wrap my head around this data, doesnt really fit in my understanding how the house edge works (but to be honest I didnt try to understand it in detail til now)
October 22, 2019, 03:20:39 PM
If all of his bets we're at least $100 it's sill easy for him to take the top 1 spot as long as he have enough bankroll and with autobet it would probably take several minutes since the bet speed is 1 per second. I wouldn't say wagering 14 bitcoins is a lot unless he went big and sniped yoloer on the last few minutes of the contest. There's a few ways to do it without spending more than the guaranteed prizes but with the screenshot it seems he wagered more than 10+btc in less than 4 hours which is quite fast..
I really don't get it. Windice has an house edge of 1%. If someone wagers 14 BTC to win 0.1 BTC (price for the first place) he statistically has lost 0.14 BTC during the contest. So wagering that many BTC has no sense in my opinion except "look guys how big my pockets are" ... or do I miss something?
Of course you are right that he has statistically lost "only" 0.04 BTC but still ... I dont see any sense in this besides "its gaming and fun". Maybe I have just a different perception of how much money 0.14 BTC is 
First of all, no one play to lose and playing during the contest only causes your chance to make a profit to be higher. Just this. Generally nothing is guaranteed.
For determining whether that user has made profit or not, there is no need to discuss. Because his profile is public. We can easily calculate his total profit or loss.
Totally, he has wagered 2.007 BTC and 922.558 ETH. At current price of ETH, the amounts wagered at ETH is 19.44 BTC. So he has wagered 21.447 BTC.
He has lost 0.16 BTC and won 0.594 ETH which is 0.012 BTC. So he has lost 0.04 in the games without considering the prizes won on the contests. He has won 0.002, 0.05 and 0.1 BTC in three rounds of contests respectively.
So, the total profit is 0.002+0.05+0.1-0.04= 0.112 BTC.
October 22, 2019, 12:03:39 AM
If all of his bets we're at least $100 it's sill easy for him to take the top 1 spot as long as he have enough bankroll and with autobet it would probably take several minutes since the bet speed is 1 per second. I wouldn't say wagering 14 bitcoins is a lot unless he went big and sniped yoloer on the last few minutes of the contest. There's a few ways to do it without spending more than the guaranteed prizes but with the screenshot it seems he wagered more than 10+btc in less than 4 hours which is quite fast..
I really don't get it. Windice has an house edge of 1%. If someone wagers 14 BTC to win 0.1 BTC (price for the first place) he statistically has lost 0.14 BTC during the contest. So wagering that many BTC has no sense in my opinion except "look guys how big my pockets are" ... or do I miss something? Of course you are right that he has statistically lost "only" 0.04 BTC but still ... I dont see any sense in this besides "its gaming and fun". Maybe I have just a different perception of how much money 0.14 BTC is 
October 21, 2019, 04:50:29 PM
If all of his bets we're at least $100 it's sill easy for him to take the top 1 spot as long as he have enough bankroll and with autobet it would probably take several minutes since the bet speed is 1 per second. I wouldn't say wagering 14 bitcoins is a lot unless he went big and sniped yoloer on the last few minutes of the contest. There's a few ways to do it without spending more than the guaranteed prizes but with the screenshot it seems he wagered more than 10+btc in less than 4 hours which is quite fast..
I really don't get it. Windice has an house edge of 1%. If someone wagers 14 BTC to win 0.1 BTC (price for the first place) he statistically has lost 0.14 BTC during the contest. So wagering that many BTC has no sense in my opinion except "look guys how big my pockets are" ... or do I miss something?It is still not a guaranteed win but its at least a way to make some of it back, they could always get lucky and win some of it and that would mean break even or even profit for them. Sure they could lose a lot more as well but when you gamble 14 bitcoins there is a chance you hit some good rolls in a row and end up at the plus side. That's all they are trying to achieve here, yoloer even said he ended up with profiting on his second run for example.
October 21, 2019, 04:07:49 PM
Yes, this is indeed a very huge progress for this site and the players as well, I saw that the leaderboard keeps on getting good progressing. The numbers of wagering is always higher and higher. This numbers will be increase as the amount of prize too. So if OP want to get more players then they should start increasing the prize numbers as well. For the current wagered amount which is more than 50 btc, let assume that is 1% deduction, they already get 0.5 btc and they currently have already get 0.2 profit
Don't you worry about that. The marketing of windice is great and they know the path that they are taking. We just have to wait for one big blast again and one of a kind of a contest coming from them soon.They are very well active to the community that they've built and that's why their active users are increasing.
October 21, 2019, 10:39:59 AM
Actually we never know how they strategy work on each player because I believe they sure have their own strategy to get profit or even to get this huge wager amount. And I believe for some big whale which make 14 btc wager sure is aiming for profit. But for the rest including me, may be we can count as small whale which is tend to lose this 1% from the wagering amount because from the start we are aiming for big wager amount
If small gamblers like me want to wager 14 BTC have to wager small amounts several times to reach this amount. In this case you will likely lose 0.14 BTC. But whales and rich gamblers can wager 14 BTC with wagring 1 BTC 14 times. In this case, every thing is possible. Maybe double your balance and maybe lose all 14 bitcoins. It doesnt matter though yet it will count neither way.We can somehow able to point out some player which possibly having those kind of behavior plays.
Profitability?No assurance because either if you are a whale or not,outcome wont still be the same.
October 21, 2019, 06:48:02 AM
Actually we never know how they strategy work on each player because I believe they sure have their own strategy to get profit or even to get this huge wager amount. And I believe for some big whale which make 14 btc wager sure is aiming for profit. But for the rest including me, may be we can count as small whale which is tend to lose this 1% from the wagering amount because from the start we are aiming for big wager amount
If small gamblers like me want to wager 14 BTC have to wager small amounts several times to reach this amount. In this case you will likely lose 0.14 BTC. But whales and rich gamblers can wager 14 BTC with wagring 1 BTC 14 times. In this case, every thing is possible. Maybe double your balance and maybe lose all 14 bitcoins. October 21, 2019, 05:32:17 AM
If all of his bets we're at least $100 it's sill easy for him to take the top 1 spot as long as he have enough bankroll and with autobet it would probably take several minutes since the bet speed is 1 per second. I wouldn't say wagering 14 bitcoins is a lot unless he went big and sniped yoloer on the last few minutes of the contest. There's a few ways to do it without spending more than the guaranteed prizes but with the screenshot it seems he wagered more than 10+btc in less than 4 hours which is quite fast..
I really don't get it. Windice has an house edge of 1%. If someone wagers 14 BTC to win 0.1 BTC (price for the first place) he statistically has lost 0.14 BTC during the contest. So wagering that many BTC has no sense in my opinion except "look guys how big my pockets are" ... or do I miss something?Actually we never know how they strategy work on each player because I believe they sure have their own strategy to get profit or even to get this huge wager amount. And I believe for some big whale which make 14 btc wager sure is aiming for profit. But for the rest including me, may be we can count as small whale which is tend to lose this 1% from the wagering amount because from the start we are aiming for big wager amount
October 21, 2019, 05:19:50 AM
If all of his bets we're at least $100 it's sill easy for him to take the top 1 spot as long as he have enough bankroll and with autobet it would probably take several minutes since the bet speed is 1 per second. I wouldn't say wagering 14 bitcoins is a lot unless he went big and sniped yoloer on the last few minutes of the contest. There's a few ways to do it without spending more than the guaranteed prizes but with the screenshot it seems he wagered more than 10+btc in less than 4 hours which is quite fast..
I really don't get it. Windice has an house edge of 1%. If someone wagers 14 BTC to win 0.1 BTC (price for the first place) he statistically has lost 0.14 BTC during the contest. So wagering that many BTC has no sense in my opinion except "look guys how big my pockets are" ... or do I miss something?Sure it does not make senses if you uses statictic to compare how much is wagered by a player to how much he won from the contest. We cant generate that all users are losing 1% of their wagered amount as it is gambling where anything may happen. A users can win and lose any amount during wagering so the one who knows whether it is worth or not to wager that much for 0.1btc prize is the player only. If we use statistic then the 2nd winner gets even worst position because he wagered 12btc and won 0.05btc on the contest while statistically he lose 0.12btc for 0.05btc.
All in all, it is statictic only but we do not know the fact except the players and the site.
October 21, 2019, 04:39:30 AM
I really don't get it. Windice has an house edge of 1%. If someone wagers 14 BTC to win 0.1 BTC (price for the first place) he statistically has lost 0.14 BTC during the contest. So wagering that many BTC has no sense in my opinion except "look guys how big my pockets are" ... or do I miss something?
This is gambling. Most of the people lose their money and it's normal. I don't know whether that user has lost 0.14 BTC or not. Might have lost more and might have won some BTC. Even if they is no contest, there are many people gamble. From your point view, no one should gamble.
October 20, 2019, 11:57:29 PM
If all of his bets we're at least $100 it's sill easy for him to take the top 1 spot as long as he have enough bankroll and with autobet it would probably take several minutes since the bet speed is 1 per second. I wouldn't say wagering 14 bitcoins is a lot unless he went big and sniped yoloer on the last few minutes of the contest. There's a few ways to do it without spending more than the guaranteed prizes but with the screenshot it seems he wagered more than 10+btc in less than 4 hours which is quite fast..
I really don't get it. Windice has an house edge of 1%. If someone wagers 14 BTC to win 0.1 BTC (price for the first place) he statistically has lost 0.14 BTC during the contest. So wagering that many BTC has no sense in my opinion except "look guys how big my pockets are" ... or do I miss something? October 20, 2019, 06:12:29 PM
First time ever yoloer loses the top spot, it took 3 contests and 14+ bitcoins to overthrow him from the top spot but someone finally managed to make it happen, I knew it would take a long time for it to happen but I didn't realize it would take this much money to make it happen.
Rodolman literally wagered over 100k+ in order to get the top spot, thats a whale move if I have ever seen one, you do not see that type of wagering in some las vegas casinos (not the huge known ones but the smaller ones) most of the days unless it is a big day like Christmas or a big fight is in town or something. 100K+ wagering is a huge huge amount even if you repeat 100 bucks bets multiple times in a row on automatic, it would take too many bets to reach there.
If all of his bets we're at least $100 it's sill easy for him to take the top 1 spot as long as he have enough bankroll and with autobet it would probably take several minutes since the bet speed is 1 per second. I wouldn't say wagering 14 bitcoins is a lot unless he went big and sniped yoloer on the last few minutes of the contest. There's a few ways to do it without spending more than the guaranteed prizes but with the screenshot it seems he wagered more than 10+btc in less than 4 hours which is quite fast.. Rodolman literally wagered over 100k+ in order to get the top spot, thats a whale move if I have ever seen one, you do not see that type of wagering in some las vegas casinos (not the huge known ones but the smaller ones) most of the days unless it is a big day like Christmas or a big fight is in town or something. 100K+ wagering is a huge huge amount even if you repeat 100 bucks bets multiple times in a row on automatic, it would take too many bets to reach there.
4 hours is equal to 14,400 seconds. Assuming that the user has bet 10 BTC in 4 hours, he has bet 0.0007 BTC every second.
So, he should have bet 5.6 dollar on average every second.
October 20, 2019, 05:06:32 PM
First time ever yoloer loses the top spot, it took 3 contests and 14+ bitcoins to overthrow him from the top spot but someone finally managed to make it happen, I knew it would take a long time for it to happen but I didn't realize it would take this much money to make it happen.
Rodolman literally wagered over 100k+ in order to get the top spot, thats a whale move if I have ever seen one, you do not see that type of wagering in some las vegas casinos (not the huge known ones but the smaller ones) most of the days unless it is a big day like Christmas or a big fight is in town or something. 100K+ wagering is a huge huge amount even if you repeat 100 bucks bets multiple times in a row on automatic, it would take too many bets to reach there.
If all of his bets we're at least $100 it's sill easy for him to take the top 1 spot as long as he have enough bankroll and with autobet it would probably take several minutes since the bet speed is 1 per second. I wouldn't say wagering 14 bitcoins is a lot unless he went big and sniped yoloer on the last few minutes of the contest. There's a few ways to do it without spending more than the guaranteed prizes but with the screenshot it seems he wagered more than 10+btc in less than 4 hours which is quite fast.. Rodolman literally wagered over 100k+ in order to get the top spot, thats a whale move if I have ever seen one, you do not see that type of wagering in some las vegas casinos (not the huge known ones but the smaller ones) most of the days unless it is a big day like Christmas or a big fight is in town or something. 100K+ wagering is a huge huge amount even if you repeat 100 bucks bets multiple times in a row on automatic, it would take too many bets to reach there.
October 20, 2019, 02:40:12 PM
First time ever yoloer loses the top spot, it took 3 contests and 14+ bitcoins to overthrow him from the top spot but someone finally managed to make it happen, I knew it would take a long time for it to happen but I didn't realize it would take this much money to make it happen.
Rodolman literally wagered over 100k+ in order to get the top spot, thats a whale move if I have ever seen one, you do not see that type of wagering in some las vegas casinos (not the huge known ones but the smaller ones) most of the days unless it is a big day like Christmas or a big fight is in town or something. 100K+ wagering is a huge huge amount even if you repeat 100 bucks bets multiple times in a row on automatic, it would take too many bets to reach there.
Let's hope windice sees the numbers growing on every single contest and decides to make this a regular thing.
Rodolman literally wagered over 100k+ in order to get the top spot, thats a whale move if I have ever seen one, you do not see that type of wagering in some las vegas casinos (not the huge known ones but the smaller ones) most of the days unless it is a big day like Christmas or a big fight is in town or something. 100K+ wagering is a huge huge amount even if you repeat 100 bucks bets multiple times in a row on automatic, it would take too many bets to reach there.
Let's hope windice sees the numbers growing on every single contest and decides to make this a regular thing.
October 20, 2019, 11:31:47 AM
the final hour of the contest was crazy
suddenly , the top three nearly doubled their wagered
the high rollers tab went mad and made many a jaws drop in chat
here is the final standings :
Oh my, as I've said the last hour was enough for them to make more wager and that was surprising. I thought that it's going to be just 2-3BTC but rodolman did more. And it's more surprising when yoloer showed up with a blast ending up the 2nd spot.suddenly , the top three nearly doubled their wagered
the high rollers tab went mad and made many a jaws drop in chat
here is the final standings :
Congratulations to all!
Yes, this is indeed a very huge progress for this site and the players as well, I saw that the leaderboard keeps on getting good progressing. The numbers of wagering is always higher and higher. This numbers will be increase as the amount of prize too. So if OP want to get more players then they should start increasing the prize numbers as well. For the current wagered amount which is more than 50 btc, let assume that is 1% deduction, they already get 0.5 btc and they currently have already get 0.2 profit
October 20, 2019, 09:05:37 AM
The three first winners have wagered 39 bitcoins totally. This amount was 21 bitcoins in the second contest and 11 bitcoins in the first one. It's a great success for Windice.
Now, however the contest is over, there are about 200 online users and number of bets is increasingvery fast.
Now, however the contest is over, there are about 200 online users and number of bets is increasingvery fast.
And some people were saying that the third contest will be less popular than the previous ones! Apparently, this is not happening. Even yoloer808, the winner of the two previous contests, took only the second place this time with 12.6 BTC wagered.
Although I haven't won anything in the contests, I won a good amount of DOGE today:
Winning with 0.5% win chance is always enjoyable.
October 19, 2019, 06:04:32 PM
the final hour of the contest was crazy
suddenly , the top three nearly doubled their wagered
the high rollers tab went mad and made many a jaws drop in chat
here is the final standings :
Oh my, as I've said the last hour was enough for them to make more wager and that was surprising. I thought that it's going to be just 2-3BTC but rodolman did more. And it's more surprising when yoloer showed up with a blast ending up the 2nd spot.suddenly , the top three nearly doubled their wagered
the high rollers tab went mad and made many a jaws drop in chat
here is the final standings :
Congratulations to all!
October 19, 2019, 04:43:11 PM
The three first winners have wagered 39 bitcoins totally. This amount was 21 bitcoins in the second contest and 11 bitcoins in the first one. It's a great success for Windice.
Now, however the contest is over, there are about 200 online users and number of bets is increasingvery fast.
Now, however the contest is over, there are about 200 online users and number of bets is increasingvery fast.
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