Bitcoin Forum

IMHO about 5 dice sites already have the same UI as yours and are using moneypot API, dont you have any plan to improve yours before launching and make your site above the others?

The house edge have been lowered for limited time only! The house edge now varies from 0.01% to 0.03%. Multiplier of 2 gives a house edge of 0.02%, multiplier of 3 gives a house edge of 0.01%!!

im there now want try your site :D

Honestly I would not put my money in a site that doesn't even have its own domain...

+1.
The moneypot API and the untitled-dice script make it extremely easy to make your own dice site, but you need a domain and also some modification on the layout if you want your site to stand out from the dozens of clones out there.

There are still some bugs at the moment as Ryan from MP has pointed out which cause the server to reject the bet as it is giving a positive EV. But nothing too big a deal, will be fixing it as soon as I get back from class today.

Regarding safety concerns. Your bitcoins are safe, your coins will be deposited into MoneyPot.

As for having a domain, at the moment this is just an experiment and I can't afford a domain name and hosting yet. As soon as I can, I'll migrate the site there, probably rebrand the whole site.

However, if in the meantime you wanna try your luck against the low house edge, have fun :)

Sent you a tip, you should be able to buy a domain on namecheap with that =)

If you need help setting it up, contact me on slack and I can explain how to do it.

Wow, thanks Ryan. I'll get one then. Really appreciate it. Gonna start working on it tonight :)

I have seen many similar sites, is there any source in github?

Yes you can find it on https://github.com/untitled-dice/untitled-dice.github.io.
It even teaches you step by step how to run your own clone.

The house edge sounds really competitive and it's nice but a few remarks. First of all the design is kinda poor (same clone without any additional effort from the source). Make something different. Second thing, there's no SSL encryption. Enable that since it's a great security hole. Good luck with your site.

ohh... thats rather bad. security should come before everything else in any sort of gambling establishment imo. and yes, the design could be improved a bit, but theres plenty of time for cosmetic changes later on; functionality should come first.

Who cares about design in dice? Who cares about new features, you should only care for the house edge and this one is 0.01% it cant get better than that. I personally do not play dice anymore but i would definitely play here, after all we all play or played dice to make money not to have fun so i see no point in a better looking layout and design and all that crap when what really matters is the fairness, speed and house edge.

Well obviously a lot of people do. Also security as I said before should be a prime concern.

Well look at that dice site Admin has no funds to make a proper gambling site than who will take risk to play at like this poor kind of dice, Moneypot will not give you protection of your funds once it move to that site, i will stay away from this kind of dice site :-\

Hi guys, I'm in the process of migrating to a custom domain name. Having some problem with the SSL now. Shouldn't be much of a worry, but if you must, please don't log in or play right now. Fixing this is a top priority and I'll update you guys when its done. Have fun.

I LOVE THIS HOUSE EDGE LOL no joke guys i started with 3500 bits betting slow n steady. so far ive withdrew .135btc and have 30k bits left to play on. cant argue with that at all

Do you mean you deposited and played on this site ? House edge can be anything , starting from 3500 bits and getting to 0.135 BTC can only be the result of good luck or streak . Even a 0 house edge wouldn't get you to take a big jump.

Thanks for very low house edge and faucet is not working there it shows the error of invalid domain name or site key, i hope it will get fixed soon when you will move to new valid domain and with valid SSL connection.

Sorry about that. Faucet should be working now. Also, I would appreciate the help if someone could offer some insight about setting up this custom domain name to work on github pages.

What does that have to do with what i said, do you even read? I never talked about the security of the site or the funds of the owner i just simply stated that a lot of people is very concerned about the design when in reality no one cares, take a look at the top dice sites and you will see.

How long will you continue this promotion? The house edge is very low but the problem will be the security issue. I try to login to the site but chrome prevent my from loging in. I know you are fixing this but if you could please extend this promotions so many people can play with this low house edge after you fix the security issue  ;D

Seems like the site is down. Can you check it out please?

Working fine in my part, try clearing your cache and cookies maybe it might help

It is strange.
When I clicked the link in OP using Firefox, it redirects me to dice.qdice.net, which doesn't load.
When I clicked the same link using Chrome, it redirects me to qdice.net, which works with a SSL warning.

That house edge is incredibly low!
I will be very hard for op to sustain his bankroll.
Anyway, gonna test the site.

Sorry guys, updated some DNS settings with cloudflare and my registrar. Probably gonna take sometime before the site comes back online. Bear with me for a while

His bankroll is provided by Money Pot https://www.moneypot.com/investment anyway max. win is very low because of risky edge.
Nice domain :)

yup, it was working fine for me awhile ago and now its says the site is no longer safe..

Ok so it should be fixed now, with SSl and everything. If anyone is getting any error, kindly let me know. Thanks

https://qdice.net redirects you to https://play.qdice.net
https://quantumdice.github.io redirects you to https://play.qdice.net

And of course, the direct link is https://play.qdice.net

The direct link works perfectly and there is no more SSL warning now.

Both the two redirection don't work for me though. Also, you may want to update your link in OP to https://play.qdice.net

Weird. Thanks for the feedback. I'll have another look at it

Update: All issues now fix https://qdice.net (https://qdice.net) should work fine. Please use this link and not other links.

The low amount of house edge is really competitive and it can attract customers but the design is a poor simple clone clone without any additional changes .

i didn't find any autobet on the site. it can be a nice addition since almost everyone bets with automatic betting system on dice sites.

you should do some promotional giveaways to bring more people to playing on your site.

House edge is only 0.01%?
A good opportunity to play on this site, compared to other, that between 1-3% house edge.
Good luck and wager as many.

0.1%? is that Madness?
::) Lemme test it out! People would do anything to have customers in their sites nowadays.

Still 0.01% house edge or end?

Yes. I agree, working on coding a new UI from scratch now. Please bear with me :D


Bet away! :D


Yeah. Its really competitive nowadays. But this is just an opening promo. I have yet to decide on the house edge to adopt.


It is still 0.01% to 0.03%. So bet away :D

yes but i got busted there 70k bits  :-X
8 reds in a row 2x payout
xD its okay for me test the site

Seems that you were so greedy, 8x losses streak and lost 0.07btc (this is not a small amount just for testing the site)
How much was your base bet and how many percent you increase your bet on loss?

it can be big for you but small for him it depends on how much money does he have for spending for such things, also i really like the website

Hi guys, I'm about 80% done coding the new UI. Keep an eye out. Will finish it up once I get some free time

Done. Do check it out

UI have been updated. I'd appreciate some feedback. Thanks

I have tried your new UI, i noticed keyboard betting are disabled now which is not good. But current design looks better now, if you bring back keyboard betting and autobetting soon its gonna be awesome

dont just re enable, it make it an option. not everyone wants to have their bets changed suddenly because they accidentally pressed a button or something.

good news
I like design looks better now

Thanks. :D


Gonna find a good way to implement it so users can enable it if they want but keeping it generally safe from keyboard accidents.



Yeah, I'm still working on the autobet, I'm no expert in coding, so just bear with me a little longer.


At this point, nothing is final and things are subject to changes. So feel free to give your inputs, I appreciate them :D

I seem to be missing things here but does this house varies randomly without base-ing it on anything? Safedice applied a variable house edge as well however it does not varies randomly though as most of the bet stays at 0.5 % house edge(references below). As for your case, I find it totally random even if you wager with the same amount

This is an example from one of your player who is betting with 150 bits flat

https://www.moneypot.com/bets/40279954 = house edge 0.96 %
https://www.moneypot.com/bets/40279951 = house edge 0.6 %
https://www.moneypot.com/bets/40279949 = house edge 0.27 %
https://www.moneypot.com/bets/40279948 = house edge 0.41 %
https://www.moneypot.com/bets/40279945 = house edge 0.74 %

P.S : a thorough explanation is much appreciated

On https://www.moneypot.com/apps/85-quantum-dice, the stats shown is:

Bets 25,684
Wagered 71,608,928 bits
Bets Profit 819,144.69 bits (1.14%)
Expected Profit 669,453.03 bits (0.93%)

Why is the expected profit 0.93% of the wagered? Doesn't that indicate your current house edge (I guess after taking average of all bets) is 0.93%?

Yes that is the average house edge for all the bets that has been taken. The house was on 1 % house edge before for 10k+ rolls or so and has only implemented the random house edge for a short time therefore the average of the bets stays at over 0.9 ~ %. What sorcery would be how "random" exactly is this new random house edge is though ( check my post above )

P.S : the 10k rolls is taken from the number of rolls from the owner's status https://www.moneypot.com/users/bryankek

The stats are heavily influenced by my personal rolls while testing out and playing around with things. It was on a 1.0% house edge then.

Regarding how the random house edge is applied, the base chance is calculated first. Example, betting on a multiplier of 2 gives you a base chance of 50%. A random float number generator generates a number between 0.00-1.00 is generated and multiplied to the house edge of 1%. This gives a purely random house edge between 0.01% and 1.00% every single time you hit the bet button. This random house edge is then multiplied by the base chance, and subtracted from the base chance to give you the final winning chance. For a bet with a multiplier of 2, it is a random chance of 49.50% to 49.99%. Hope this clears up any uncertainties.

So in summary, every bet regardless of the wager has a random house edge between 0.01% to 1.0%

I finally fixed the all bets issue. Its rendering smoothly now. Also, I'm quite please with the new design. Any inputs from the community? Regarding autobet, that is gonna have to wait until after my finals :/ sorry guys

i like this house edge its alot easier to win with it.
how long will this house edge be on?
regards.
-Katerniko1

i like how the website looks. it is simple and fast and all the buttons you need are in the middle easy access.

but i am still looking forward to autobet :)

best of luck ~~

Hi Katerniko1, for now, the house edge is to stay. If there are any changes, I'll inform a few days in advance before any changes are made. :D


Thanks pooya87!! I'll work on the auto bet as soon as I have the time, I don't wanna just code a careless bot and put it on. Look forward to it :D

Any explanation for what arallmuus asked above?????

I did explain. Refer to the quote below


So to sum it up, first 10k bets were placed by me on a 1.0% house edge, hence, the stats on MoneyPot does not reflect the current house edge.

As to how the house edge is calculated. Every single bet, regardless of wager or multiplier has a random house edge between 0.01 to 1.0%.

Are there any other issues that should be addressed?

Ahh that explains. Good luck for you site. :)

i like the website although it started as a copy clone , it looks good to me.

also it is always good to see someone always trying to improve their service.

keep up the good work bro.

Thanks mate ;)


 Thanks :)

New UI is looking really attractive and eye catching and that is great news you have active dev for this dice site, i would like to see auto bet betting bot there to make it more easy to use for most of the players.

Thanks for the input. I'm definitely going to continue working on adding more features and games to the site. But I'd be taking a small break these coming 3 weeks for personal reasons so there won't be any major update unless something big comes up. Do keep an eye out for more features after that though ;)

i will add it  to the dice game list ;) i will try some

I guess this site is really improving. When I saw it at first, it looked like a total copy and paste but the new site design is great.

Also the low house edge makes it really attractive.

Your website design looks unique and better now.

im glad this house edge is going to stay for a while :) it will attract alot of players.
regards.
-Katerniko1

Thanks so much guys. The support means a lot to me. I was wondering l where else can I promote this site apart from this forum? Any ideas?

http://personalbestkarate.com/images/facebookIcon.png (https://www.facebook.com/qdice9)  Like us on Facebook now!

If you have budget for promotion than social media campaigns would be helpful to get some active players for this site, twitter campaign i will suggest you and some giveaway promotions would be helpful for this.

Any idea how I can engage such service?? The twitter ones I mean

go check out the services section, usually you want to limit the tweets/day because unlike signatures, those can be spammed endlessly. i cant give any specific advice, but try looking around the existing twitter campaign threads and try to model your campaign after those.

New layout is sexy and this is good for great future of this gambling site. ;D

 Thanks ;) I'm glad you like it


Alright I'll check it out. Thanks again

INTRODUCING QBot 0.1 [/b][/size]

Per popular demand, we are proud to announce the addition of an autobet bot to qdice.net.

https://i.imgur.com/MvyP7gf.png

Instructions:

1 ) Max Balance(% of initial)

Key in the percentage(%) of your initial balance to stop once you balance hits the target. For example, key in 200 if you would like to stop when your initial balance has doubled.

2 ) Min Balance(% of initial)

Key in the percentage(%) of your initial balance to stop once you balance drops below the target. For example, key in 75 if you would like to stop when you have lost 75% of your initial balance

3 ) Multiply on loss

Factor to multiply previous bet size on loss. For example, if you would like to double your bet size on loss, key in 2

4 ) Multiply on win

Factor to multiply previous bet size on win. For example, if you would like to double your bet size on win, key in 2

5 ) Frequency to multiply on loss

Set the limit to stop multiplying previous bet size on loss. For example with and initial wager of 2, and factor to multiply on loss 2, setting the frequency to 4 will cap the max bet size at 16. This value cannot be more than the losing streak

6 ) Frequency to multiply on win

Set the limit to stop multiplying previous bet size on win. For example with and initial wager of 2, and factor to multiply on win 2, setting the frequency to 4 will cap the max bet size at 16. This value cannot be more than the winning streak

7 ) Max losing streak

Resets the bet size to the initial bet size after losing more than this value

8 ) Max win streak

Resets the bet size to the initial bet size after winning more than this value

9 ) Initial bet size

Your base bet size

10 ) Betting mode

Hi: Bet on "Hi" only, Lo: Bet on "Lo" only, Hi-Lo: Bet alternately on "Hi" and "Lo"

11 ) Start Bet

Start autobet

12 ) Stop Bet

Manually stop autobet


As always, never deposit any amount you are not willing to lose.
By using QBot 0.1, you agree that Qdice.net holds no responsibility of any misfortune that happens from the usage of QBot 0.1.


Kindly report any issues you encounter. Thanks

_______________________________________________________________________________ ______________________________________________________

https://i.imgur.com/y1IOsZZ.png (https://qdice.net/)

| Provably fair | House edge as low as 0.01% | MoneyPot |

http://personalbestkarate.com/images/facebookIcon.png (https://www.facebook.com/qdice9)  Like us on Facebook now!

Play Now! (https://qdice.net/)

Thanks ;) The bot is still in beta, so it might have some issues. Kindly report them here.

To be safe, I recommend that you deposit into the app only the amount you are willing to lose while trying out the bot.


There seems to be some issue with the start bet button. Hold on, imma fix it quick Fixed. Clear the cache. Kindly report any issues

you can do what rollin did before on twitter campaign.
twitter campaign bring them a success.
you can check their thread here https://bitcointalk.org/index.php?topic=973854.0

Thanks ;) Imma put together a bankroll first before I start campaigning. Running on a very tight budget here :)

Your site is improving pretty fast

no problem goodluck .
adjust your budget, even it very tight i believe twitter campaign will be great one.

How long is this effective for?  If this is true then this is the BEST place to play dice while this is the case! 

what is how long? the 0.01% house?
until an unspecified time i think, op didnt mentioning about it.
the best place to play dice is depend on our opinion about the dice website.
there is always a pre-eminence in every dice webites.
but if you talking about the house and then yes , here is the best and the lowest house dice website.

Thanks guys. I'm quite happy with the balance right now. I'm actually considering keeping the house edge this way. Once I've reached a final decision I'll be sure to update in advance. But for now, expect it to stay this low for the coming few months :)

if you are not planning to scam people like 999dice with a really small house edge then you wont be able to get enough profit for your website, besides that i wish you the best

it's more likely that the majority of the players there use martingale to bet, thinking the lower house edge will benefit them. however, that method goes bust eventually anyways, so maybe the expected profit is higher than expected. if it attracts people to bet there, might as well keep the edge low.

i think its a good idea only if you dont attract whales with such a small edge, as they could possibly do only a few bets and get big profit as the house edge would be really small for them

Funny I keep on seeing people that saying the owner has the ability to "scam" the player despite this site is integrated with moneypot. You should note that every bet in this site is fair and the owner of this site has no ability to tamper your bet result since everything will be verified automatically by moneypot. Plus that the owner is getting profit not from someone's lost but from the wagered amount , therefore the owner would of course want people to win and keep on rolling there

---

The title is missleading, please change that because you are not offering 0.01 % house edge anymore since you changed it into variable house edge

The title of the thread is really misleading because the house is not exactly 0.01% for each bet now it is random and get change with every bet, OP must change the the title to the correct one.

it says that its as low as 0.01 so it might be bigger also, i believe that there is no missleading on the title of the thread, also its nice to see such low house edge

True, it is more of a problem with a bad wordings actually. If you take a glance to read it then you will have the impression that the house edge stays the same for every rolls at 0.01 % while in fact it is a variable house edge ranging as low as 0.01 % to 1 %. Therefore the title should be made as clear as possible ( no harm done anyway in changing it )

---

I seriously dont know why someone repeated what I've posted...

@OP do you have any plan to add auto bet feature there because it get tired to roll dice manually in long time gambling, i hope in next update we will see betting bot there.

To clarify. I'm only hosting a client. All the bets, deposits and payout are processed by MoneyPot and the team behind MoneyPot is a reputable one.
So to answer your question, no, I can't possibly scam your coins.

Also, as you are wagering against the MoneyPot bankroll, I just get paid a small commission depending on the house edge and your wager size regardless of your profit or loss.

If you manage to stay afloat much longer, that means more wagers from you. More wagers means I get paid more. So I do hope you keep on winning.

Regarding the title. I'm not misleading anyone. I have clarified at the top of the first post that it is a variable house edge.

I have also explained the mechanism as to how the house edge is calculated in this thread.

If details are your thing, all the information is provided here on this thread. If I miss out anything, feel free to ask ;)

Auto bet has been added. Just click on "QBot 0.1" just above the chat box on the site. If you still don't see it, please clear your browser cache and refresh.

Be careful though, the bot have not been tested extensively yet and there might be some flawed logic or code. I'd be grateful if you could report here if you find any issues.

So, only put into the app what you are willing to lose if you wish to test out the bot ;)

Have fun :D

Bump

Fixed several critical issues with the autobet. Should be quite stable for now. Have fun

Hi all, we are currently running a contest. Get more details at the contest thread.

https://bitcointalk.org/index.php?topic=1134496.0

Hmm since the house edge varies randomly between 0.01% - 1% for each bet, and the one with highest wagered will get 0.9% back. The contest would make the EV positive for that whale and so you should be able to attractive lots of high rollers. :)

EDIT: Damn. It seems you edit that post to lower the prize from 0.9% to 0.5%.

Decided to post it here to get your attention ( posted in the games and rounds thread, deleted btw )

---

Few things to ask here

#1  When was this contest officially start? I see the thread is posted approximately 7 hours ago and judging from here https://www.moneypot.com/apps/85-qdicenet-quantum-dice ( by the time I posted this, the last 9 hours bet in the site never listed any wager from keknicholas (https://www.moneypot.com/users/keknicholas). Care to explain how he got 6+BTC wager right from the start of this contest because you posted the contest 7 hours ago

That account registered 7 days ago and I have followed your site quite a bit and I know he had wagered over 6+ not today but since last week and yet you posted approximately 7 hours ago for the contest



#2  I have a suspicion that you are keknicholas. The suspicion strengthen with almost the same name of your account and keknicholas . Preventing the player to get the first rank therefore you dont need to pay the crazy high amount

owner : Bryankek

Of course this is assumption and suspicion

#3  Assuming the house edge is 1 % ( I know it is variable edge ) you will get like 50 % of the edge as commision which mean that you ended up paying all that you earned to the 1st rank player IF keknicholas is not you ( for now )

Also since that is the best scenario which is not in your case because the edge is variable that means that you are paying the first rank at the expenses of your own pocket ! pretty much not feasible if there is a whale that get into your site

i like new (AutoBet) and house edge 0.01%  :P
I love this sites

Hi. Please read carefully. The amount considered will be the final wagered amount minus total wagered amiunt at the start of the contest. Hence he is starting the contest like everyone else, with 0 total wagered amount since the start of the competition.

And no, I'm not him, I'm bryankek. He is a friend.

Yes, as panjul mentioned. I redid the maths, its not feasible to pay 0.9% to the first winner, hence I'm offering to pay the full amount of the house edge earned from the user.  Anyway I'm suspending all entries now. Will officially post a start time and end time with a final unchangeable rules and prize list. Contest is canceled(to be reposted)

Yeah, OP just reduced the the prize. But 0.5% is still a great deal especially for whales :)


Read above post, the house edge is random. So it is not only 0.01%, but varies for each bet.


P.S : waiting OP to reply the post by arallmuus :) and regarding how to join the contest, IMO it will be more fair if OP accept the participants who post their username on the thread (not by PM)

Sorry, I'm aware that there are a lot of questions with the rules and conditions. Will rework everything properly and repost again

Yup, my bad. A simple wording issue solved that btw everyone starts at 0 BTC wagered to make it clearer and your wording is pretty much unclear. A simple script will be able to calculate how many BTC has someone wagered in X period of time


Now you are the one that read properly.  I didntt write anything about 0.9 % , yes I know that you changed it to 0.5 % and this is totally wrong again because I have given you some math that assuming if your edge is staying at 1 % ( which is not in your case) then you will get 0.5 % of it and allowed yourself to pay the winner however your site is not a 1 % edge which means that you will end up paying the winner at the expenses of your own pocket again . Now if there is a whale to wager 1k BTC and that would be a lot of amount to pay from your own pocket

Yup, sorry. Mistaken the previous post as yours. Also thanks for raising this issue. I forgot that I only get half the house edge in my calculations. You just saved me a lot of btc. Thanks.

You left this out btw, typed it after you quote my post. A simple script to calculate the BTC wagered should be an easy task for you. For the prize calculation you should take samples of all bets after the variable edge is implemented, take an average of all that edge and divide it by half to get the best option for your contest's prize

P.S : ignore all my typos and such (lots of things having my attention atm so yeah )

Alright thanks for the suggestion. I'm viewing this on my phone, forgive me if I miss any post. I will figure out the best way to implement the contest first then post. My mistake for half-assing it. Sorry guys

QBot updated to 0.2. Fixed several critical issues.

I've sent 0.1 BTC and I will start betting after 1 confirmation, I hope the house edge thing is legit so it's better than for example Primedice.
Good that you chose to use Moneypot api, instead of your own service.

// Ok, I already did 0.1 BTC profit and I'm happy! :P

i completly agree, as far as i can see its no different from the rest

Eh? What are you tlaking about? Can you pleaseee send me at least 1 site that use this "template"? It's pretty much unique and I didn't see it this anywhere.

how is it unique, the very idea of a dice site is pretty uniform. the room for innovation is pretty minimal, it looks like a copy of dadice or prime dice...

It was at their first launch, most of them has very similar interface because they use the same script. But now they have improved the script, so now they looks different to each other.

That comment was made when this site was merely an untitled dice clone. We have come a long way since then. Have fun

Thanks panjul07 and The Bad Guy for the clarification and support too :D





Thanks. I'm glad you like it. Good luck in your rolls :D

fair enough, not really a dice guy but good luck :)

yes it is now quite unique, much much better compare to the first appearance when they still used github  ;D
i can say admin doing a great job  :)

Thanks Michael. Your support towards this site means a lot to me.

This is the best site ever and the only one where I made a serious profit! I've started with 0.29 just a few hours ago and withdrawed 0.6 BTC just now. I must say that I really love the design ( or whatever you call it.. :D ) of the site, it looks so beautiful and modern. The big green numbers if you win are literally beautiful! Keep the house edge thing how it is and I will come back! :)

// Ok, I was bored and I made it to 0.6 BTC, I should stop :D

i really like your website as the house edge of it can be really low, also you seem to have a decent design which also attracts a lot of people who are looking for new things, i wish you luck with your game

Thanks for comments on the design :) I'm really glad to hear that people like it( even winning from it :D}

I'm thinking of having another promotion soon. Will announce the details when I have them.

I like design of landing page and dice site. Simpe and beautiful. Nice color combination and roll animation!

Thanks, I hope you give it a try if you have the time to spare :D

Update, we're now featured on MoneyPot. Thanks for all the support guys. Couldn't have made it this far without your support

Congrats, LB micro and quantum dice is my favorite apps on moneypot and both are now featured, really nice to see that

Thanks. Keep rolling and may luck be on your side :)

This website looks sweet. I like the UI and bet options :)

Nice its great that you guys got on MoneyPot.

Also it probably has the nicest interface and the house edge is great in the beginning.

Good job! It has nicest interface so far and house edge is great!
https://i.imgur.com/K40wokc.png?1

Thanks for all the support guys. I do hope to have your continued support as this site evolve further ;)

Hi guys, sorry for the poor performance of the website the past few days. MoneyPot was under attack by some irresponsible parties. The situation seems to have resolved for now and the site and moneypot should be functioning smoothly right now again. Do report any issues if you experience them. Thanks and happy betting ;)

Bump

as the house edge is random? 0.01% to how ?
i get 0.9% house edge btw

Yes, as you can read on the title that the house edge is variable 0.01% up to 1.00%. It varies regardless of the bet amount and the multiplier.
So, how much you bet and how much was the multiplier when you got 0.9% HE?

House edge varies randomly from 0.01% to 1.0% on each bet.

A known bug is that some multipliers return a fixed house edge for example multiplier 99 always return 1.0% house edge. Will be fixed soon in the next update.

Recently there are a couple of concerns raised by users about the fairness of the site.

I would like to clarify that I'm only running a jquery client and can in no way manipulate the outcome of your bets. All bets, payouts, deposits and withdrawal are handled by the MoneyPot server and are also provably fair. You can check the details on MoneyPot by clicking on your Bet ID at QuantumDice or the app page on MoneyPot. I'll add in an interface which shows the hash and make it easier for users to verify them soon enough(probably within the next week or so)

As an app developer on MoneyPot, I get paid regardless of your bet outcome(whether you win or lose). Hence, it makes no sense for me to cheat to make you lose as that would incur a potential loss to me too. A good summary of this would be that the App Developer and MoneyPot is on your side in your bets against the investors bankroll. We want you to win.

For those interested, it would be wise to read up on what house edge means and what does this mean for you. All dice games are gambling games and gambling always carries a risk. Only play with what you are willing to lose.

With that being said, all the best in your bets and may lady luck be on your side ;)

How is the random edge variable calculated? I'm not making any accusations or hinting at anything, but wouldn't that be in your complete control and not in Moneypots?

Very nice interface and site.    I may have to move some money into there a little later.  It's great that you use the moneypot API as well.  It will definitely help inspire user confidence as opposed to other sites just starting out.

The random variable is generated on each bet using Math.random(). You can always verify that the edge is variable(and not exceeding 1.0%) by checking out the detailed bet page on MoneyPot. If you find that the house edge is higher than 1.0% for any of your bets, report those bets to me and I'll reimburse you the commission I made from those bets.

(Take note that some multiplier returns a fixed edge of 1.0% due to some flaws in the code. So far I'm aware that multiplier of 4,10, and 100 are bugged. Will fix this as soon as possible, in the meantime, avoid playing with those multipliers)




Thanks, I hope you have a good game :)

bump

Definitely the best dice site ever, I was just thinking if you don't want to buy my signature space to get more visitors? I love playing here and the UI is just an amazing piece, I like the big numbers you have.

Hi. Thanks for the feedback. I really appreciate it :D Regarding the signature thing, I don't really have the budget for a signature campaign yet right now but if I decide to run one in the future. I'll definitely PM you. Thanks for the offer though. I hope you enjoy your time on Quantum Dice :D

p/s: Although If you decide to do some pro bono signature promotion for me, I'd really really appreciate it :p

Added a provably fair stats section. Also added the option to change the client seed to your own desired value.

How provably fair works on this site.

Server seed is generated using the following formula SHA256(Random Number + "|" + salt) where
Random number is a number between 0 and (2^32)-1 and salt is a value which is added randomly to prevent the seed from being brute forced.

The raw outcome of each bet is calculated with (Server seed + Client seed) % Math.pow(2,32) where
Server seed is the server seed calculated above and client seed is the value your client gives the server(which you have full control over)

The final outcome is calculated by dividing the raw outcome by 2^32 and multiplying it by 100.

Quantum Dice verifies the outcome of each bet you make automatically. However, if there are any uncertainties, be sure to check out the detailed bet page on MoneyPot and verify the bet yourself.

QDice.net. Great site! Love it. Love the user-friendly features displayed especially the Qbot. Qbot works like a charm. One thing is for sure, QDice makes me come back for more of its quantum debauchery after a hard day's work. Fun and entertaining. Kudos to the site owner for such a brilliant design and concept. Somehow, everything just clicks.

P.S. Love the QDice chat box. Friendly and helpful staff.   

Thanks for the kind comments. Very encouraging ;)

Update: We now have a page on TheBitcoinStrip. Do leave your reviews at https://thebitcoinstrip.com/quantum-dice.html

Wait what? You have 280 BTC bankroll? :D

All Quantum Dice's bets are placed against the MoneyPot bankroll. So in effect they do have a 280 BTC bankroll, it's just not exclusive.

Yup, thanks to MoneyPot. Wonderful platform for app developers :)

everytime im on there only showed online user 1 i think you must add promotion or contest.
to make anyone play there :)

I'll finally get some free time starting next week. I will probably have some sort of promotion or contest. Look forward to it :)

Good to hear that, we will wait for that. Just a suggestion, you can try 0% house edge in a limited time as a promotion :)

That would be really awesome! I'm sad that I won't be here for the next weeks, but this promotion with 0% house edge will bring you a lot of users :)

nice idea but how would that look like in real? ty

This 0 % house edge wont really sell unless the site has some user based already which is not for the case right now. Apart from that, the 0 % house edge means no commission for both Moneypot and developers thus this means not a good news for the investor as well. Not really saying that the player could be winning with the 0 % edge anyway

Another site is currently having 0 % house edge at the moment and it seems to be having a huge jump of the number of people rolling on the site but that doesnt mean all these players will stay once it is over


As per the usual dice game but without any house edge that means you will be able to select 00.00-49.99 as the low option and 50.00-99.99 as the high option at 2x multiplier that means exactly 50 % chance to win

While a 0% house edge would be attractive during the promotion period, it won't help the site grow in the long term. (I might still consider it though, maybe a happy hour or something like that)

I'm always happy to hear the ideas and feedback from the community so if you have any, please let me know :D

It's worth noting that MP investors will not accept 0% house edge bets (it doesn't make sense for them, has negative expected bankroll growth and doesn't satisfy the kelly). If you do want to give your users a 0% house-edge bet, what you'll have to do is pay the investors (using the max_subsidy api), it'll end up costing the app approximately N*wager when the person is trying to win N of the site bankroll.

E.g. If someone wants to bet 1 BTC to try win 1 BTC at 0% house edge, it would currently cost the app ~0.0034 BTC payable directly to the investors to accept it.

In the case of multi-outcome bets (e.g. plinko) it's a bit cheaper but still something I'd be very hesitant to do myself as it could work out being pretty expensive for an imperceivable difference for most gamblers.

Thanks for the input Ryan. I wasnt aware that MP investors won't accept 0% bets. If that is the case, seems a little bit unfeasible for an app developer to do that then, even for an hour or so(I mean, what if a whale comes? Lol)

Well, it's an API so you can use your own application logic to control it. E.g. You can easily put a policy, "max bets of 0.1 BTC" and stop it after a certain budget is used. Even the way the api works is "max_subsidy" where you set an exact (max) budget for the bet, so you don't get any nasty surprises.

I see. Still, it is definitely not a good idea at this point of time ;) Barely have enough budget to spare. The amount spent subsidizing the bets could be better used for signature campaigns and what nots.

Unless you have a huge amount to spend for signature campaigns, it wont work because it needs constant exposure and that means you need alot of BTC to spend to keep it running for months .
There has been alot of sites that actually goes out of business after setting up a signature campaign and instead of getting the amount of new players that they hope for , signature campaign only increases their expenses ( though I would love to put in references but it will be unethical to put it here as it will be like mocking them )

Thanks for the input. Always appreciate the opinion of more senior people. At this stage perhaps a signature campaign won't be suitable yet

bump

With a heavy heart, I have decided to put Quantum Dice up for sale due to personal commitments.

This is to ensure that Quantum Dice gets the proper attention and development it deserves.

Players need not worry and be assured that the new owner will be given all the help required to set it up and ensure that day to day operations run smoothly.

Any interested buyer can check out the auction thread at https://bitcointalk.org/index.php?topic=1148068 for more details.

The site will still be running as usual and no delays or downtime is expected yet. Further news will be given when they arrive.

I've won "a lot" by using your dice game... so, it is very sad to hear that you are selling this... :(

I hope the new owner will do something about the amount of player playing here.
I mean, to increase the amount of player. :)

Yes, due to personal reasons(I'm starting my medical internship training soon), I'm not able to give my full attention to the site to run it properly the way it truly deserves. As this is my first project, I really hope to see the site grow, even if its no longer under my direction. I do hope that the next owner will do more to promote the site and help it grow further.

ouch bro why you run with this auction.
you just need make gambler to come here.
you didn't need to sell your sites  :'(.

Yeah thanks for the support. I'm doing this because of my personal commitments, I'm not able to effectively develop, promote, support and run the site as well as I should. Hence, with a heavy heart, I came to a decision that a new owner that is able to do all those will be better for this site's future. Since this site is my first project, I do hope it will continue to grow even though it is no longer under my direction.

The hard thing would be getting people to play at the site. I do know this is the hardest part of all because most people tend to hold on to the favourite site despite that the new site offer something new and sad thing is that they will still be doing so despite a new site throw in a   0% edge to the game

Every new dice site around here live under the shadow of those older dice sites that monopolize the BTC gambler market and thus this means unless someone puts an extra effort in marketing the sites then no one will actually come to play . Plus that the owner has stated he wont have enough time to do so , therefore his decision is a good one rather than risking more without any result at all

yea that's true because the owner won't to make any promotions or contest or what to make people come there   :-X

Its the right thing to do. The way things are right now, I don't have the time nor budget to effectively help this site grow. I do hope someone with enough time and resources take over this site and help it grow.

Having really mixed feeling about this, feeling a little bit sad about this decision but at the same time happy that someone might potentially manage this site better than I did and ever will.

Promotions or contest are usually EV+ for players which means it will be an expenses for the house thus this of course will generate player when there is an ongoing promotion but the real issue would be that those players will / will not be staying at the house when there is not one.
Sad truth indeed but making a promotions or contest will not guarantee if the players will stay to play after it is over but only it will guarantee more expenses so I would stay this is a correct decision to be taken rather than losing more expenses  ;)

Yes, so it is better to make promotions like free 0.001 BTC for first 100 people. Stunna is doing this already ( probably for fun ) and it is always full in a day or two.

New site will always hard to attract real players although there are some promotions, most players will stay in the old sites that they have been already used. But IMHO its even better than no promotions/contest at all. :)

Sad truth it is correct, it is better to have promotions to get the site more exposure but this wont be the case for quantum dice because they have claimed that they wont be able to afford more expenses for the site or time to manage it (references below) so there will only be two options for now.

Either sell the site so that someone could make it better or let the site run as it is without any update and improvement and just hope for the best that someone might stumble and play in the site. The former would be a better choice rather than running the site as it is

References :

Hi

There is no compulsion nor requirement for you to spend funds that you are not willing to lose. Though it seems that promotions will get players to the dice site, it may however be temporary. That said, if you have the funds and are willing to risk it, it is fine that you do that, but otherwise I'd advise you not to. :)

Almost every other site are running their own promotions, so any ones you get doing the promos may not be solely playing on the site. And highrollers would care more about edges and stuff than promos.

If you have the skill to develop and improve a site, with unique features, and a good support to players it will grow, whether or not you spend money on that. Only thing is, you got to be patient, and work for it. :)

If you don't have the time to maintain the site, probably get someone else to do it. But make sure there is something in it for you. ;)

Cheers :)
ndnhc

You're right there are only two options :
[1] Sell the site. But it will hard to find serious buyer, since this is a new site. Serious buyer will always prefer to buy an old gambling site that has more regular players and good feedback.
[2] Let the site run. This will be the last option when there is no one want to buy this site.

Adding one more option : Shutting the site down :)

I just noticed this post, sad to hear this. I was thinking that quantum dice had potential to grow bigger. Your dice is one of my favorite. Hopefully new owner will make this site more better and you will find another good project for you to run in the future.

I am not too familiar with Moneypot, so I would like to know how many % of the site wagered can you get as the site owner? As I understand, you site has a variable edge of 0.01% - 1%, but then Moneypot and its bankroll investors are taking the most of it, right?

EDIT: Found the answer on your auction thread.

This. I love this dice site, and it is my most favorite one. I am actually sad that you want to sell it, but I hope that new owner will continue in developing the site.

Btw, if someone gets a 1 BTC loss, how much will you get from it?

As far as I know dev of moneypot profit is not based on win or lose, it is calculated from players wagered no matter its a win or lose. And dev will get 1%*house edge for total wagered from their apps.

Not exactly correct if someone wager 1BTC the commission for the apps is different according to the risk that the investor will take. The current bankroll is quite small currently therefore 1BTC is around 1/3 of the current max win and if someone wagering 1 BTC that would be alot for now.

It depends on the risk investor take because if someone wagering 1BTC at 1.02 multiplier (around 97-98 % ) to win then investor is risking the inverse which is 2 % to win so the investor is taking a huge risk rather than if someone wager 1BTC at 49.5 multiplier. Therefore the commission will be alot lower if someone wager at the former rather than the later and moneypot collect 50 % of what is paid for the apps

P.S : this is my understanding of how it works, I could be wrong on this

The decision to do this is not just a matter of finance and budget but is mainly due to personal reasons. I am starting my medical internship program soon and the hours are really long. Realistically speaking, I won't have any time left to spend on the site. Hence the decision

Edit: Michael23, so sorry to do this. You're definitely one of the most loyal users so far. But rest assured, I'll make sure  to assist the new owner to the best of my ability during the transition period. I hope Quantum Dice will continue to grow

Bump. So far, only Rob from plinkopot has made an offer.

If it is not just a matter of finance and if I was you, I would prefer to pay my friend to run the site and simply split the profit instead of selling the site. But of course you have your own decision, wish the best luck of your medical program and hope the new owner will come soon and grow this site as well as you grow this site from zero.

Thanks. I hope so too. I've tried what you suggested before this but the people in my friends network just wasn't up for the job or wasn't interested. Kinda tough as this entire field is not my niche(I'm from a totally different major/line of work)

Welcome the new owners of Quantum Dice, Rmcdermott927 from plinkopot and ndnhc  ;)

LOL, srsly, this has nothing to do with Da Dice. I don't own/control/anything like that DD either. :P

I agreed around 20% share with him, so that I can just know and observe the technical aspects of it.

Edit: His share is 80%. He makes all the decisions. Am the silent partner.  8)

Congrats ndnhc for have your first dice site as you was the campaign manager of DaDice so that thing made him confused you are part of this site, i wish you luck for this and i hope you will bring some interesting contest for this to get attention for players.

Sorry, a little bit confused from our conversations. Anyway congrats, hope it works out for you. I'm going to be on a long period of inactivity starting next week.

Congrats to Rmcdermott927 and ndnhc for winning the autction, and good luck to QuantumDice9 for your upcoming medical internship program. :)

Probably because of my signature. ;D

Sure. Good luck. :)

Transfer everything to him (not me) - all that in the list as agreed, when he is ready. I have paid my part to him and all is settled between me and Rmcdermott927.

ttyl

Good luck buddy :) this is very nice to hear you are officially part of a gambling site now and this will make positive reflect on this dice site, you are really good person, i am also waiting to hear some good news about the future of this site.

What are we going to expect from the new management of Quantum Dice?

Contests for sure.   I really like contests, especially out of the ordinary contests.    We will run one hopefully next week.  I hope to have everything in place by then.  I would spoil it now if I said any more though.

Other than that, I will be deciding the best way to move forward.   I have a lot of ideas for the long and short term.

Could we possibly get some user feedback for improvements for the near future?

Congrats for winning the auction and best of luck for your business.Hopefully new management will make the Quantum Dice one of the most successful and user friendly site where users will have priority.

"Silent" partner with educational motive ;D. Not part of management.  8)

But still you will play your role to improve the way management will use by your advices.You have good management experience of handling different sig campaigns.Your presence is good and positive for the site.

Thank you for the kind words.   I greatly appreciate you kind words.   And actually yes, customers will be a priority always at Qdice.   I plan on opening a support ticket system over the next few days.   

175,000 Bits giveaway challenge is happening now!

See the details here:
https://bitcointalk.org/index.php?topic=1153265.msg12144947#msg12144947

The 175,000 bits are still there.   As a reminder, the secrets to get you started are on qdice and plinkopot.

Some users have finally solved the first step.   

Congratulation to that person who won there and solved first step but i have less knowledge about this kind of contest so this a little bit hard for me to find the way there. 

I'm sure if you hang out in the chat room, someone may help you.

Currently, 3 players are relatively close to the end of the challenge.   They are on step 4 of 6.   It's a tight race as far as I can tell.  Winner gets 175,000 bits.

Come on down and check out our insanely low variable house edge.   As low as .01%!!!

Just confirming that Rmcdermott927 is the owner of Qdice.net with 100% stake.

Thanks :)

i do not understand how to start

Thanks buddy for confirming this so you take out of your part of money from this site?

I predict that QuantumDice will have a bright future so i do not understand your move to quit

First of all , no one can predict the future as anything could happen. Owning a dice site now isnt totally like few years back where everyone could just throw away a dice site in the gambling board and people will be swarming it. Take into account that there are alot "older" sites around here and it takes more alot to gather some players from all of these dice sites around here

Second is that, he is not doing it for profit but much rather for getting some knowledge about technical aspect (references below)

Plot twist: ndnhc has mastered the technical parts in the past days, and is now working on his own site from scratch. Just my wild guess :P

Is there any bot for this site like dicebot ?

There is a built-in autobet system called QBot. You can find it on the top left corner of the page.

There is no roll under and roll over?

At the bottom right corner of the QBot panel, you can set your betting mode among "Hi", "Lo" or "Hi-Lo Alt".

I used wrong words thanks for correction! I just wanted to say it has huge potential to grow and rise above other MoneyPot untitled dice clones

No i don't look for this at Qbot .....

Thank you for the kind words.    We have some promotions coming up sometime next week.   Stay tuned.

I thought I was going to win, all changed in a very short time and I lost a few million satoshi. This is a nightmare

You lost $5 gambling? That sucks, dude. Come cry to me when you've lost over $10,000 like me. :P

All pleasantries aside I do like this site. It has a certain flair you don't see at any other dice site. I'll be back to get what I lost from this site. I WILL get back what I lost. *twitch*

You are crazy to think that this low house edge will help you win here. It is luck mate and you can lose at this low house edge as well. Few million satoshi is very low, some people have lost huge here

Exactly, even if there was 0 house edge, it's pretty easy to lose.   It's also easy to win.   Obviously, don't gamble more than you can afford to lose.

Site will be unplayable for a few hours while we work on an update.   Thanks for the patience.

Come on down, and play guys.   Variable house edge - It goes as low as .01%

I bet the owner wouldn't make the house edge 0.01% if he had to maintain the bankroll ;P

I'd consider this spam. Replying to ancient posts and not reading properly. The current house edge at qdice is variable.

putting up a .01% house edge seems a very risky approach.

First, the house edge varies randomly from 0.01% to 1%. Also the app owner has no risk at all here, as he is going to take the same commission no matter if a bet is winning or losing. Lastly, the investor takes very little risk as well as the max profit allowed per bet is calculated by Moneypot using Kelly formula, and thus the investors are risking only 0.01% of their funds for such bets.

Yes, correct.  Every time a player comes to the site, I hope they win.   They can win as much as they want and I would still profit as I get paid whether they win or lose.  It is in my best interest for players to win, as they are more likely to come back.