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Author Topic: Just-Dice.com : now with added CLAMs : Play or Invest  (Read 454519 times)
dooglus (OP)
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June 20, 2013, 03:14:02 AM
Last edit: March 16, 2015, 08:11:29 AM by dooglus
Merited by BayAreaCoins (50), suchmoon (50), jpcfan (1), Financisto (1)
 #1

Just-Dice.com

Check out the gambling site I made.  It's a dice game, with the following features:

* low 1% house edge
* near-instant rolls
* off-the blockchain, so no blockchain spam
* high limits - currently you can win 21 31 58 75 90 114 129 142 153 219 291 BTC per roll* - and the limits go up daily
* win up to 1 million times your bet
* pick your own odds of winning
* lively on-site chat room
* provably fair (of course)
* roll "high" or "low"
* keyboard shortcuts for quicker, easier play

The really neat thing about it though is that you can also "be the house", and invest any balance you're not using in the site's bankroll.  Then when other players lose, you win.

For investors, here's the feature list:

* massive 1% house edge Wink
* investing is easy and instant; click the 'invest' tab for details
* take your investment out instantly too
* site operator (that's me) is a long-standing forum member in good standing with the community
* invest as little as 0.001 BTC; no upper limit
* net profit is split between the house and the investors as follows: house gets 10%, investors get 90%.

So now you can easily have your own share in a dice game without the hassle and expense of using stock exchanges, passthroughs, etc.  All investments received go instantly to the site's bankroll and increase the maximum bet size offered to players.  There's a separate thread in the Securities forum for discussion relating to Just-Dice investments.  I recommend that investors 'Watch' that thread since I'll use it to make announcements should I need to.

Just-Dice.com

I will credit the first 200 people who post their user ID (from the 'account' tab) in this thread with a free bitcent to get you started.  You are free to gamble, invest, or just withdraw it as you please.  Smiley Promo is over.  Thanks for taking part!

* the maximum profit per roll is currently 0.5% of the bankroll of the site.  The bankroll is provided by investors.  The bankroll has grown to become enormous, as can be seen by looking at the cold wallet address.

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dooglus (OP)
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June 20, 2013, 03:16:09 AM
 #2

reserved

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acs26
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June 20, 2013, 03:35:59 AM
 #3

User ID - 10.

Looks like a good site, and design. Good idea, by the way!

(The design might be a little confusing, but I'll figure it out.)
(Also kinda annoying how your max profit is 2.50BTC, though I respect your decision to make it that.)
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June 20, 2013, 03:40:34 AM
 #4

Invest idea is very clever! Lots of cool features, gonna try a few rolls Smiley

Thanks.  Tell me your user ID from the 'account' page and I'll credit you a bitcent to play with which your deposit confirms.

I figure since I'm risking the investors' money it makes sense to wait for a confirmation to be on the safe side.

User 7 :-)

Stake.com Fastest growing crypto casino & sportsbook
Primedice.com The original bitcoin instant dice game
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June 20, 2013, 03:41:38 AM
 #5

uvwvj

I do like the hi or lo option.

Do you have any idea how many users I have called uvwvj???

Oh wait, you're the only one.

Done.  And #10 too.

But please, post the number not the name people.  Smiley

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June 20, 2013, 03:44:42 AM
 #6

Invest idea is very clever! Lots of cool features, gonna try a few rolls Smiley

Thanks.  Tell me your user ID from the 'account' page and I'll credit you a bitcent to play with which your deposit confirms.

I figure since I'm risking the investors' money it makes sense to wait for a confirmation to be on the safe side.

User 7 :-)

Done.  Now where's our young sockpuppet friend?  I need him to post 17 pages of random mostly content-free commentary overnight...

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dooglus (OP)
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June 20, 2013, 03:47:25 AM
 #7

Its a little hard on user interface but the concept is great.

Good work dooglus

Thanks.

I forgot to list "keyboard shortcuts for easy armchair play" in the feature list!

Did you figure out that the letters on the buttons are keyboard shortcuts?

They aren't active in the 'chat' tab, because I found I kept accidentally my whole life savings while trying to type.

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acs26
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June 20, 2013, 03:51:30 AM
 #8

uvwvj

I do like the hi or lo option.

Do you have any idea how many users I have called uvwvj???

Oh wait, you're the only one.

Done.  And #10 too.

But please, post the number not the name people.  Smiley

Woah, good site. So far I've won 160 times, and lost 20+ times. (Yeah, 91%. I'm scared of loosing.)

I changed the .01 into a 0.00405560, though.

Seems like a pretty fair site, to be precise.

Also, will the 2.50BTC profit always be on there?
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June 20, 2013, 03:54:39 AM
 #9

#12

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June 20, 2013, 03:56:30 AM
 #10

Seems like a pretty fair site, to be precise.

Also, will the 2.50BTC profit always be on there?

Not only fair, but provably fair.  Click the 'randomize' button to see the client and server seeds, and to change your client seed.  People have already developed 3rd party verification tools for checking the numbers that are rolled but they need polishing a little.

The 2.50 BTC max profit will go up and down as the investors come and go and win and lose.  It's precisely 1% of the site's bankroll.  Click the 'stats' tab to see the site's bankroll changing in real time.

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June 20, 2013, 04:07:28 AM
 #11

ID 15

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June 20, 2013, 04:11:05 AM
 #12

User #16 here.
Great concept! I really like the invest idea. I might have missed this but I don't see any place to dynamically see what my investment is worth. For example, it would be good to know how much I'll make if I withdraw my share now.
Also, can you clarify "Commission is charged when profits are divested, or at the end of each week, whichever happens sooner"? How would you handle a loss scenario if the end of the week is reached and overall, my investment is in a loss.
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June 20, 2013, 04:13:56 AM
 #13

kingofsports is my username, thanks.

.







.
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June 20, 2013, 04:26:52 AM
 #14

User #16 here.
Great concept! I really like the invest idea. I might have missed this but I don't see any place to dynamically see what my investment is worth. For example, it would be good to know how much I'll make if I withdraw my share now.
Also, can you clarify "Commission is charged when profits are divested, or at the end of each week, whichever happens sooner"? How would you handle a loss scenario if the end of the week is reached and overall, my investment is in a loss.

the site has a very good explanation about this:

"Commission is never charged twice on the same profits. For example if you invest 100 BTC and it grows to 110 BTC by the end of the first week, you will be charged 1% of your 10 BTC profit. If your remaining 109.9 BTC investment then shrinks to 105 BTC over the next week, you will not be charged any commission at the end of that week. And then, if it grows to 119.9 BTC by the end of the 3rd week, you will only be charged 1% commission on the new 10 BTC of profit over the previous high of 109.9 BTC. At any point you could divest up to your original investment of 100 BTC without being charged commission since we consider that when divesting you divest original investment first, and profits later."

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June 20, 2013, 04:30:02 AM
 #15

user #24 here and joeyjmr8484 is my username.
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June 20, 2013, 04:31:20 AM
 #16

User #16 here.
Great concept! I really like the invest idea. I might have missed this but I don't see any place to dynamically see what my investment is worth. For example, it would be good to know how much I'll make if I withdraw my share now.
Also, can you clarify "Commission is charged when profits are divested, or at the end of each week, whichever happens sooner"? How would you handle a loss scenario if the end of the week is reached and overall, my investment is in a loss.

#15 and #16 credited.

The 'invest' tab shows you what your investment is worth right now, and what percentage of the total bankroll you own.

The 'stats' tab also shows you your investment's value (it changes constantly as people play).

I'll write a more detailed description of how the commission works when I get a chance.  But it's as fair as I could make it.  You only pay on net profits, and only on profits above the level you've previously paid commission on.  If you're at a net loss by the end of the week, you pay no commission.  It seems rude to charge you for losing...

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June 20, 2013, 04:32:42 AM
 #17

kingofsports is my username, thanks.

That's #11, right?  Smiley

Paid.

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w00dy
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June 20, 2013, 04:33:37 AM
 #18

#20

let's see how long you take to be a billionaire Wink
DiamondCardz
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June 20, 2013, 04:37:46 AM
 #19

ID 25  Wink

BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
dooglus (OP)
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June 20, 2013, 04:38:39 AM
 #20

#12

Sorry, I somehow missed seeing your post.  Done now.

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