Bitcoin Forum

Economy => Gambling discussion => Topic started by: debuni on February 24, 2017, 01:38:35 PM



Title: Dice EdgeBack/Rakeback discussion
Post by: debuni on February 24, 2017, 01:38:35 PM
Hi guys,

We've just ANN: 1st Dice EdgeBack/Rakeback service (https://bitcointalk.org/index.php?topic=1799185.0) 2 days ago.

How DiceBack.com Works?
We have custom deals with all Offered Dice Sites (http://www.diceback.com/). This allow us when you make a new account through our links to give you a percentage back from site's house edge. Current payment period is every second Monday (14 days). More HERE (http://www.diceback.com/how-it-works).

We want from you to continue to play as you always do. Just, in this case, you will get coins back with no strings attached. Winning or Losing.

Let me give you an example: You choose to play in YOLOdice (http://www.diceback.com/edgeback-rakeback-yolodice) and register through our site. In next 10 days, you wager 10 BTC. Then you will get in your account 0.015BTC - withdrawal, without any wagering requirements or string attached. 0.15BTC just for playing.

And please note - wager, not lose or win. It's wagering that is counting.

Also EdgeBack/Rakeback is ON TOP on any other VIP levels and Wager contests offered by sites. Account created through us are eligible for all site's perks like any other account. Just as bonus you are getting paid - to play.

As a service creator, we can't see any downsides. And now we need your opinion.

What do you want to see from similar service?

More sites or something else?

What about a Global Prize Leaderboard which is counting your multiple-site wagers into one?

We will appreciate any opinion - good or bad :)

Thank you and good luck!


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: FlightyPouch on February 24, 2017, 01:49:44 PM
this is great, though what is the percentage of the bitcoin that will be taken back? Lets say the house edge is 1%, then the money that will be taken back is 1% of the money wagered??


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: ralle14 on February 24, 2017, 02:24:18 PM
this is great, though what is the percentage of the bitcoin that will be taken back? Lets say the house edge is 1%, then the money that will be taken back is 1% of the money wagered??
Haven't you checked the website? Your answer can be found there and they also have a calculator which is nice. I want to try the service but I already have an account on all of the casinos listed i'll wait until you guys have more sites in the future.


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: debuni on February 24, 2017, 03:27:51 PM
this is great, though what is the percentage of the bitcoin that will be taken back? Lets say the house edge is 1%, then the money that will be taken back is 1% of the money wagered??
Haven't you checked the website? Your answer can be found there and they also have a calculator which is nice. I want to try the service but I already have an account on all of the casinos listed i'll wait until you guys have more sites in the future.

You could make new EdgeBack accounts in Rollin.io (http://www.diceback.com/edgeback-rakeback-rollin), YOLOdice.com (http://www.diceback.com/edgeback-rakeback-yolodice) and KingDice.com (http://www.diceback.com/edgeback-rakeback-kingdice) without any problem.

About Crypto-Games.net (http://www.diceback.com/edgeback-rakeback-crypto-games) you will need to choose: They do not allow multi-accounting. If you already have an account with them, you will need to choose. To use your old account without EdgeBack or clear cookies and create a new one. But if your old account is leveled, you will not be able to use those perks in the new one. Like a bigger faucet, more faucet claims, wagered amount, etc. Please DO NOT create a new account and in meantime use the old one. They will lock you.

Do you have any other suggestion beside more sites?

Thank you.


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: Catmony on February 24, 2017, 06:39:31 PM
More sites or something else?

What about a Global Prize Leaderboard which is counting your multiple-site wagers into one?
This two sound quite necessary right now and don't list sites with less than 10% of edgeback. If you can offer higher % return than a normal affiliate commission than no any of your other future clones can get your place.  ;D

Global prize leaderboard sound really cool idea, you can offer big prize for them with some casino's as sponsor of those prizes.


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: Patatas on February 24, 2017, 07:08:14 PM
Just saw someone else thinking of starting something like this and bam,it's already here!
How do you make money out of this ? Apart from advertisements ?Who sets the house edge percentages ? I just tried out the amount I get back after wagering 1000 btc on Crypto-Games,2.10 ..not bad..You should also consider the low ballers who can't afford to put more than 0.02 on daily basis.


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: debuni on February 25, 2017, 04:08:59 AM
More sites or something else?

What about a Global Prize Leaderboard which is counting your multiple-site wagers into one?
This two sound quite necessary right now and don't list sites with less than 10% of edgeback. If you can offer higher % return than a normal affiliate commission than no any of your other future clones can get your place.  ;D

Global prize leaderboard sound really cool idea, you can offer big prize for them with some casino's as sponsor of those prizes.

We are actually opened for all sites, including those with under 10%. For example MoneyPot hardy will offer more because of their business model. Then it's user's choice where to play. And our goal is to offer a wider options.

If you check the commission %, you will find in most cases it's higher even then 'self-referral' tricks people are trying :)

Just saw someone else thinking of starting something like this and bam,it's already here!
How do you make money out of this ? Apart from advertisements ?Who sets the house edge percentages ? I just tried out the amount I get back after wagering 1000 btc on Crypto-Games,2.10 ..not bad..You should also consider the low ballers who can't afford to put more than 0.02 on daily basis.

Yeah, in past I also had few ideas made by others until I'm over-thinking it.
The calculator is just for to get estimates. Every satoshi's count. 1000BTC or 1BTC wagering, you will get your EdgeBack. With 0.02 you could wager a lot with small bets.


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: ajaxmoor on February 25, 2017, 07:26:49 AM
Why not just extend this cash back to other gambling games and sites as well ?

So to be sure if its : 21% back from House Edge , and the house edge is 1%, then it essentially brings it down to 0.79%, correct?


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: Patatas on February 25, 2017, 08:17:04 AM
Why not just extend this cash back to other gambling games and sites as well ?
I guess there should be a green signal from the gambling sites too ?

So to be sure if its : 21% back from House Edge , and the house edge is 1%, then it essentially brings it down to 0.79%, correct?
Couldn't understand the maths there.Did you consider the wagering % as well ? How did you come down to 0.79 figure ?


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: debuni on February 25, 2017, 02:44:14 PM
Why not just extend this cash back to other gambling games and sites as well ?

So to be sure if its : 21% back from House Edge , and the house edge is 1%, then it essentially brings it down to 0.79%, correct?

Hmm, Reasonable question. Seems will need to add this to FAQ section.

No, its not lowering the house edge. If it's 1%, stays 1%.
BUT you are getting EdbeBack (coins without any string attached) directly back on your account, based on your wagered amount. For example if you wager 100BTC with 1%, theoretically you've "paid" 1BTC house edge. With normal account you will not get any reward for this wager. But if your account is just registered with DiceBack.com (http://diceback.com), for example in Roll.in and KingDice.com you will get 0.18BTC directly into your account.

Hopefully this makes it how our program works clear?


Why not just extend this cash back to other gambling games and sites as well ?
I guess there should be a green signal from the gambling sites too ?

I guess we will be able to add it one by one. But it depends from sites itself. They need to agree to participate. If you check our ANN Topic (https://bitcointalk.org/index.php?topic=1799185.0), you will see that currently offered sites confirmed their partnership with us.


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: raphma on February 25, 2017, 03:12:03 PM
How do you make money out of this ?
casinos pay a small amount for the referral, the amount they give back to the user is just a percentage of the amount they receive. example, they receive 0.1 from the amount you wagered, they will give you 0.05 and the other 0.05 they keep.

@debuni
Great idea!
i'm on forex for a long time and rakeback services like that is pretty common. i always wanted to see that in gambling too! i'll definitely use your service  ;D


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: debuni on February 25, 2017, 06:23:45 PM
How do you make money out of this ?
casinos pay a small amount for the referral, the amount they give back to the user is just a percentage of the amount they receive. example, they receive 0.1 from the amount you wagered, they will give you 0.05 and the other 0.05 they keep.

@debuni
Great idea!
i'm on forex for a long time and rakeback services like that is pretty common. i always wanted to see that in gambling too! i'll definitely use your service  ;D

Thanks :)

Yep, explanation is right, but we are giving back 66%-75%+ and even 100%+ of our affiliate commission (https://bitcointalk.org/index.php?topic=1799562). As 100%+ is of course for promotional purposes.


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: 1BitcoinMillionaire on February 26, 2017, 05:59:36 AM
Genius idea. Already said it, but will be playing through this site for sure!


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: Dice-Bet on February 26, 2017, 12:10:00 PM
Will all poker sites be on this for rakeback?


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: debuni on February 26, 2017, 05:25:10 PM
Genius idea. Already said it, but will be playing through this site for sure!

Thanks :D

Will all poker sites be on this for rakeback?

Over time, I guess we will add more and more sites, not only dice.
But in next month our focus will be to improve the EdgeBack service with auto-tracking and request, and informative campaign.

Do you want to play in specific site?


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: game-protect on February 26, 2017, 08:08:38 PM
Why not just extend this cash back to other gambling games and sites as well ?
He basically offers sites where he can get a special affiliate commission percentage and therefore his offer will be very limited, because only a few sites offer such deals.

The disadvantage for the few operators who offer a higher commission rate for certain affiliates is that the other affiliates are not happy about this behaviour and will prefer to promote other operators who treat all their affiliates equal.

Despite of this, not many operators allow to forward commissions to referred players, so diceback's offer will be also very limited in future.


So to be sure if its : 21% back from House Edge , and the house edge is 1%, then it essentially brings it down to 0.79%, correct?
Correct!

But you can play directly at SafeDice with only 0,5% house edge = less than any offer from diceback.

Their only interesting offer I can see is Crypto Games with 0,8% house edge - 21% dice back = 0,64% house edge.

The other sites they offer with 1% house edge and you will get 10 or 15% back = 0,9 or 0,85% house edge are not really interesting, if the house edge is the most important part for you.


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: ajaxmoor on February 26, 2017, 09:16:42 PM

The other sites they offer with 1% house edge and you will get 10 or 15% back = 0,9 or 0,85% house edge are not really interesting, if the house edge is the most important part for you.

It should be the most important part for any gambler, unless they wish to compensate for better UI's by increasing the house edge.

Another thing I am curious about is the referral. A lot of sites offer upto 1% referral in extreme cases, wouldn't that be a better way for you(dice-bet) to get more than the 21% of the house edge ?


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: debuni on February 27, 2017, 01:24:44 PM
Why not just extend this cash back to other gambling games and sites as well ?
He basically offer sites where he can get a special affiliate commission percentage and therefore his offer will be very limited, because only a few sites offer such deals.

The disadvantage for the few operators who offer a higher commission rate for certain affiliates is that the other affiliates are not happy about this behaviour and will prefer to promote other operators who treat all their affiliates equal.

Despite of this, not many operators allow to forward commissions to referred players, so diceback's offer will be also very limited in future.


So to be sure if its : 21% back from House Edge , and the house edge is 1%, then it essentially brings it down to 0.79%, correct?
Correct!

But you can play directly at SafeDice with only 0,5% house edge = less than any offer from diceback.

Their only interesting offer I can see is Crypto Games with 0,8% house edge - 21% dice back = 0,64% house edge.

The other sites they offer with 1% house edge and you will get 10 or 15% back = 0,9 or 0,85% house edge are not really interesting, if the house edge is the most important part for you.

Nope, it's not correct. I guess your "protection" is with the same quality. 

If you play on a site with 1%, but with an account registered with us, house edge is staying 1%. But EdgeBack is giving you coins back, from this house edge to your account, up to 21%, without any string attached.

And as you've already stated your point HERE and got an answer (https://bitcointalk.org/index.php?topic=1799185.msg17959372#msg17959372).
Let me repeat. Seems you are kind of slow guy.

It's not only EdbeBack. It's site functionality. Site's features. Wager contests. Support. And much more. Please troll somewhere else.
And you do make a different between a lower house edge and coins back in your wallet? Mathematically in a long run it's the same. But not everything is mathematics.
By your logic, everybody should play in SafeDice and not any other site...

As I said. I do believe it is better to get paid 15-21% back from paid house edge with our service, instead of getting 0% back with regular account. For the same play, same site, same action.

The same 0 players will be getting signed up with your affiliate links.


If you want to play at SafeDice, play there.

But if you want to play in Rollin.io (http://www.diceback.com/edgeback-rakeback-rollin), KingDice.com (http://www.diceback.com/edgeback-rakeback-kingdice), Crypto-Games.net (http://www.diceback.com/edgeback-rakeback-crypto-games), YOLOdice.com (http://www.diceback.com/edgeback-rakeback-yolodice), DuckDice.io (http://www.diceback.com/edgeback-rakeback-duckdice) or KingDice.com (http://www.diceback.com/edgeback-rakeback-kingdice), then better do it with our link - you will get paid back just for playing :D

Quote
Not every operator give higher affiliate commissions to certain affiliates. So those sites could be excluded from your offer, even though they might offer the best value for the

To comfort you, We've contacted SafeDice before our start and they didn't reply. We are open to all operators.

At least when somebody signed with us, he is getting EdgeBack up to 21%.

When somebody signed with (as you are offering all of your "services" by referral or fee..)... is getting "protection"? lol


Anyway, we prefer to spend our time improving our services, instead of pathetic arguing with you.




The other sites they offer with 1% house edge and you will get 10 or 15% back = 0,9 or 0,85% house edge are not really interesting, if the house edge is the most important part for you.

It should be the most important part for any gambler, unless they wish to compensate for better UI's by increasing the house edge.

Another thing I am curious about is the referral. A lot of sites offer upto 1% referral in extreme cases, wouldn't that be a better way for you(dice-bet) to get more than the 21% of the house edge ?

Usually, sites are giving 10%, but we have a custom deals and can offer higher.




Title: Re: Dice EdgeBack/Rakeback discussion
Post by: bitjoin on February 27, 2017, 01:48:20 PM

This is hard af business to do since most of your dice players are into dice to gamble and not thinking about long term ROI.  Think a few people tried doing this already.  Anyway i would suggest maybe have some extra reasons to sign up via you like prizes or something idk.


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: debuni on February 27, 2017, 07:12:34 PM

This is hard af business to do since most of your dice players are into dice to gamble and not thinking about long term ROI.  Think a few people tried doing this already.  Anyway i would suggest maybe have some extra reasons to sign up via you like prizes or something idk.

Agree. But it's always better to gain something extra percentage back, instead of gain extra 0 with regular account :)

We currently have Wager Chase (https://bitcointalk.org/index.php?topic=1799562) with additional prizes on top of the EdgeBack.

And you could participate in any wager contest by sites itself after registering with us. Like current the 1.1BTC  KingDice.


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: bitjoin on March 01, 2017, 11:11:20 AM

This is hard af business to do since most of your dice players are into dice to gamble and not thinking about long term ROI.  Think a few people tried doing this already.  Anyway i would suggest maybe have some extra reasons to sign up via you like prizes or something idk.

Agree. But it's always better to gain something extra percentage back, instead of gain extra 0 with regular account :)

We currently have Wager Chase (https://bitcointalk.org/index.php?topic=1799562) with additional prizes on top of the EdgeBack.

And you could participate in any wager contest by sites itself after registering with us. Like current the 1.1BTC  KingDice.

Ok you will need those promotions. I agree its better for people to get something back.  If you can give more back to them vs if they just sign up to their own affiliate link then its much better.


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: debuni on March 06, 2017, 01:56:01 AM

This is hard af business to do since most of your dice players are into dice to gamble and not thinking about long term ROI.  Think a few people tried doing this already.  Anyway i would suggest maybe have some extra reasons to sign up via you like prizes or something idk.

Agree. But it's always better to gain something extra percentage back, instead of gain extra 0 with regular account :)

We currently have Wager Chase (https://bitcointalk.org/index.php?topic=1799562) with additional prizes on top of the EdgeBack.

And you could participate in any wager contest by sites itself after registering with us. Like current the 1.1BTC  KingDice.

Ok you will need those promotions. I agree its better for people to get something back.  If you can give more back to them vs if they just sign up to their own affiliate link then its much better.

Yep, if you check the percentages, we are giving more that 'self-referring' and other cheat tactics, without a risk of being banned for that.

We will run an additional giveaway in few days. What do you want to see from a such giveaway?


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: HCP on March 06, 2017, 09:24:12 AM
So what is the procedure if I already have an account on one or more of these sites? Is it possible to participate in the diceback system without setting up a new account?

I'd rather not have to try and transfer coins around with the current state of the mempool and confirmation times etc :P and I don't want to lose some of the perks of "extended" membership at some of the sites ;)


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: debuni on March 06, 2017, 03:32:59 PM
So what is the procedure if I already have an account on one or more of these sites? Is it possible to participate in the diceback system without setting up a new account?

I'd rather not have to try and transfer coins around with the current state of the mempool and confirmation times etc :P and I don't want to lose some of the perks of "extended" membership at some of the sites ;)

You will need a new account to get a rakeback.

Quoting from our OP:

What if I already have account in the offered sites?

At Rollin.io (http://www.diceback.com/edgeback-rakeback-rollin), KingDice.com (http://www.diceback.com/edgeback-rakeback-kingdice) and YOLOdice.com (http://www.diceback.com/edgeback-rakeback-yolodice), you could open a new account at any time and get EdgeBack/RakeBack.

At Crypto-Games.net (http://www.diceback.com/edgeback-rakeback-crypto-games) and DuckDice.io (http://www.diceback.com/edgeback-rakeback-duckdice) : They do not allow multi-accounts. If you already have an account with them then you will need to choose. To use your old account without EdgeBack or clear cookies and create a new one. If your old account is leveled, you will not be able to use those perks in the new one (bigger faucet, more faucet claims, wagered amount, etc). Please DO NOT create a new account and use the old one at the same time. And don't do DuckDice bonus abuse. They will lock you.


E.g. for Rollin.io (http://www.diceback.com/edgeback-rakeback-rollin), KingDice.com (http://www.diceback.com/edgeback-rakeback-kingdice) and YOLOdice.com (http://www.diceback.com/edgeback-rakeback-yolodice) you could have your old account and create new ones for rakeback. But for Crypto-Games.net (http://www.diceback.com/edgeback-rakeback-crypto-games) and DuckDice.io (http://www.diceback.com/edgeback-rakeback-duckdice) you will need to choose - old accounts with perks or new with rakeback.


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: BlockEye on March 07, 2017, 10:17:22 AM
I'm curious about your rakeback offer on site. Is this some kind of referral system. Just like having 2 accounts on same dice site. The one account use on playing while it is refer by other account. I'm not sure about this but you are just having a profit on percentage of referral and at the same time on ads on your site? Can you explain further details to me on how your site benefits for this rakeback. Thank you


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: debuni on March 08, 2017, 02:44:16 AM
I'm curious about your rakeback offer on site. Is this some kind of referral system. Just like having 2 accounts on same dice site. The one account use on playing while it is refer by other account. I'm not sure about this but you are just having a profit on percentage of referral and at the same time on ads on your site? Can you explain further details to me on how your site benefits for this rakeback. Thank you

I believe it's more important how you, as user, benefit from it.

When you play as usual, you are getting a % rakeback.
To get the rakeback, you don't need to do any self-referral or other cheats. You just need a new account in some of the  Offered Dice Sites (http://www.diceback.com/).

Good luck



Title: Re: Dice EdgeBack/Rakeback discussion
Post by: debuni on March 13, 2017, 02:53:47 AM
Hi guys,

We started few Giveaways:

 🔥 FREE 20K - 100K Satoshi 🔥 Crypto-Games, Rollin, Kingdice, YOLOdice, DuckDice (https://bitcointalk.org/index.php?topic=1823777.0)

Crypto-Games.net & DiceBack.com: Bet hunting, win your bet x100 (https://bitcointalk.org/index.php?topic=1823876.0)
KingDice.com & DiceBack.com: Bet hunting, win your bet x100 (https://bitcointalk.org/index.php?topic=1823868.0)
Rollin.io & DiceBack.com: Bet hunting, win your bet x100 (https://bitcointalk.org/index.php?topic=1823865.0)

What do you think?

What other games/giveaways would be interested to see?

Cheers


Title: Re: Dice EdgeBack/Rakeback discussion
Post by: debuni on March 22, 2017, 04:48:03 AM
Here is another example/explanation what DiceBack rakeback is:

How much can I win?

There is no maximum. EdgeBack commission is based on your wager amount and not results – that means the more you play, the more you’ll get back!

Let's look at an example:

Rollin.io (http://www.diceback.com/edgeback-rakeback-rollin) has a Weekly 1000mBTC Wagering Leaderboard. 1st place is 500mbTC. Based on previous weeks, winner needs to wager 100BTC.

100BTC weekly wagering @ Rollin.io (http://www.diceback.com/edgeback-rakeback-rollin) = 500mBTC reward*

But if you make the same wager with an account registered through our diceback service, you will get additional 180mBTC. No strings attached. Whether you win or if you lose.

100BTC weekly wagering @ Rollin.io (http://www.diceback.com/edgeback-rakeback-rollin) + DicebBack.com (http://diceback.com) = 500mBTC reward + 180mBTC diceback/rakeback!*

* 500mBTC Rollin.io reward is based on their previous winners. But 180mBTC diceback/rakeback from us is guaranteed!



Ideas for giveaways or games you want to see from us?