Bitcoin Forum

Dicenow.com is shutting down at the end of June. Please divest and withdraw all coins ASAP. Thank you for all your kind support and trust throughout these past 3 years. Good luck and may Bitcoin go To The Moon!







https://dicenow.com

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

Need something to do with your litecoins?

Have no fear, dicenow.com is a 3 week old litecoin gambling site where you be a player or investor!
In the past 3 weeks we have seen 95,000 litecoins wagered, with the house profiting a cool 750 ltc.
Our investors have bankrolled the litecoin house up to 18,300 ltc!
You can win up to 184 LTC per roll. Come try and take it all if you dare  ;)

Currently we are starting with a hi lo dice game. You can play with litecoin at 1%, 2%, and 3% house edge.
You can play for FREE now with 1000 freecoins. Give it a try now! https://dicenow.com

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

We have great features like an auto rabbit mode. This mode allows you to roll up to 10,000 rolls in one click.
Here you can see a classic martingale progression. You can easily play progression strategies with tiny amounts
like 1 satoshi. That is an easy 4500 satoshis per click.

https://i.imgur.com/fvvrdvX.jpg

We also have an official onsite bot that can run progression betting strategies one roll at a time.

https://i.imgur.com/MbXc0sF.png

Here you can see a 33% 'martingale'. The profit spikes up drastically on each win after a long string of losses.

https://i.imgur.com/fZUJdS6.png

The options are very complex, and you can customize the bet wager, chance, payout, or profit on each win/loss.
Here is a payout-gale, where on every loss you increase the payout (decrease chance) to cover your consecutive losses.
Try playing around with your 1000 freecoins to see what cool progressions you can create!

https://i.imgur.com/YkxzNFZ.jpg

Of course we are provably fair, and there is an offsite javascript verifier with roll generation code. http://jsfiddle.net/g6fP6/

https://i.imgur.com/vfLFM5L.jpg

You can watch all the exciting dice action in the all bets tab. Filter by userid or profit amount to see the bets you are interested in.

https://i.imgur.com/7wDnJDbh.jpg

Dicenow is very colorful. We feel that design is important in a dice site. There are 40 backgrounds to choose from so you don't get bored.

https://i.imgur.com/Or2AwaL.jpg

The chat feature includes multiple rooms, private messages, nickname notifications, and even desktop notifications (enabled in chrome).

https://i.imgur.com/IXpV9gK.jpg

You can easily transfer coin onsite from user to user without any fees or blockchain transaction.

https://i.imgur.com/LMKPgWz.jpg

We take precautions to secure the site, your account, and your coins. Two factor authentication is available for your use.
We use a cold wallet to store the majority of the coins offline.

https://i.imgur.com/8Bs0tVv.jpg

There is an emergency withdrawal address available. If you keep a large amount of coins onsite, please use it.
In the event of any emergency, all funds will be dispersed to their account emergency addresses.

https://i.imgur.com/0FzqqzF.jpg

We have multiple house edges available to provide more comfort and options to the investors bankrolling dicenow.
The higher the house edge, the higher the bankroll and max profit is. If your martingale hits the max profit limit,
just move up your edge and you can keep playing on the same server seed.

https://i.imgur.com/9aKvp18.png

There are stats like number of bets, wagered, and profit for each house.

https://i.imgur.com/iGkBmFG.jpg

You can watch the house profit in a realtime chart.

https://i.imgur.com/0p04pRz.jpg

If you are interested in bankrolling the site, it couldn't be easier to get started. Just go to the invest page and choose your options.
The simple invest is recommended, as it will split your investment evenly between 1%, 2%, and 3% edges.
There are 3 options for your risk level (kelly criterion): conservative (1/4 kelly), balanced (1/2 kelly), and growth (1% full kelly).

https://i.imgur.com/aMKCGb3.jpg

There is also a custom investment option, where you can select a specific house to bankroll, and a custom kelly criterion.
The kellys available are: 1/4, 1/2, 1, 2x, 3x, 5x, and 10x. The leveraged kellys are ONLY for reduction of counter party risk.
If you use leveraged kelly without having the proper amount of offsite coins, you are risking ruin if a whale wins repeated max profit bets.

https://i.imgur.com/UZjZ65Lh.jpg

A handy portfolio list of all your active investments and inactive divested investments is available.
You can easily see details on your profit, commission, and other figures.

Commission is collected once a day at UTC midnight. The commission is 10% of any profits you make.
Once collected, your investment remembers that high water mark, and you won't pay commissions if your investment
drops and then rises back to that level. High water mark is per investment only, not per account.
This gives a slight incentive to stay invested for the long term and let math work things out.

If you have any questions feel free to post them here, or find me on the onsite chatroom. My name is pitboss

Thanks for reading!

Krojs is taking the house for a wild ride!

could you explain the use of the kelly criterion with regard to investing
in the site bankroll?
really don´t understand which option is the best (1/2 kelly, fractional kelly...)

thank you in advance for helping out a newbie investor :D

bitcoin snail races are faster than this site! LOL  ;D

one kelly means you risk a maximum % of your investment equal to your edge, per roll
for example if you invest at 1 kelly in the 1% edge house, you risk max 1% of your investment per roll
if you invest at 10x kelly in the 3% edge house, you risk at most 30% of your investment per roll

these numbers only apply if the maximum profit bet is made
so for example if a whale betting at max profit wins in the 2nd scenario, you would lose 30% of your investment
if they lose, you would win 30% as profit

if it seems to confusing, just use the recommended 1/2 kelly. at most go up to 1 kelly, anything over is too volatile

good ;D

With LTC rising, this site is still quite hot in LTC games :)