Bitcoin Forum

Economy => Securities => Topic started by: bit777 on February 05, 2014, 09:30:11 AM



Title: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: bit777 on February 05, 2014, 09:30:11 AM
We have enabled our invest function on Peerbet.org (https://peerbet.org).

You can invest in the Bitcoin or any of the altcoin bankrolls. Currently the site supports: BTC, LTC, NMC, PPC, XPM, FTC, DOGE, ANC

House edge: 1% on Dice, 3.2% on Wheel

7% Commission on profits on Divest.

Note: The invest option is only for Dice & Wheel. The other parts of the site are independent from it.


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: Timetwister on February 05, 2014, 11:29:43 AM
We have enabled our invest function on Peerbet.org (https://peerbet.org).

You can invest in the Bitcoin or any of the altcoin bankrolls. Currently the site supports: BTC, LTC, NMC, PPC, XPM, FTC, DOGE, ANC

House edge: 1% on Dice, 3.2% on Wheel

7% Commission on profits on Divest.

Note: The invest option is only for Dice & Wheel. The other parts of the site are independent from it.

Where can we find wagered amounts per day? I just see the total, but I'd like to have an idea of how much is bet per day. And, is that total just for Dice and Wheel or for every game?


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: bit777 on February 05, 2014, 07:47:42 PM
The total is for dice and wheel. Daily stats you can check in the Stats section in the footer.


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: Bitbuy on February 06, 2014, 01:34:49 PM
Is commission for investments automatically deducted at some point? or only during divest?
Also: where do you see the gains / losses for the investment?


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: Bitbuy on February 06, 2014, 02:35:32 PM
Actually, I have some more questions:

* I only see amount invested, no loss / gain indicators
* Are the stats only updated once every xxx time?
* How and when are losses / gains accredited?
* IS there an emergency witdhrawal address, if everything goes down the drain, (site seized, etc..)


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: bit777 on February 07, 2014, 08:57:48 AM
Commission is currently taken only on Divest.
We added an indicator on both the Dice & Wheel pages for site profit.
The stats are updated on every page refresh.
Losses/gains are accounted for automatically with every bet.
There is no emergency withdraw address, but I guess we can implement it. Would love to hear how it should work?


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: Bitbuy on February 07, 2014, 09:13:58 AM
Commission is currently taken only on Divest.
We added an indicator on both the Dice & Wheel pages for site profit.
The stats are updated on every page refresh.
Losses/gains are accounted for automatically with every bet.
There is no emergency withdraw address, but I guess we can implement it. Would love to hear how it should work?

Thanks for the info.I have invested a small sum as test. Concerning the withdrawal address: I know Just-dice has it implemented (don't know if it really works though  ;D) I guess it works like a kill switch....If a command / mail is sent; all remaining deposits are sent to the accounts...


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: bit777 on February 08, 2014, 09:22:03 AM
Commission is currently taken only on Divest.
We added an indicator on both the Dice & Wheel pages for site profit.
The stats are updated on every page refresh.
Losses/gains are accounted for automatically with every bet.
There is no emergency withdraw address, but I guess we can implement it. Would love to hear how it should work?

Thanks for the info.I have invested a small sum as test. Concerning the withdrawal address: I know Just-dice has it implemented (don't know if it really works though  ;D) I guess it works like a kill switch....If a command / mail is sent; all remaining deposits are sent to the accounts...

Well if you send us an email and verify yourself, we can do the same manually.


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: theskillzdatklls on February 10, 2014, 12:34:06 PM
Cool site, I have invested a little to see how it works.  I think the overall site infrastructure needs some work since it feels very clunky at the moment.


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: halcyon on February 10, 2014, 06:42:04 PM
site is a bit too unintuitive... but otherwise a plethora of games.

Could you elaborate on whether there is also a house edge on the instant gamble
option? Have set it to 50 % as a trial and basicall just lost every time.
Could be just variance, but I just want to make sure this is a zero-house-edge gamble.



Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: DeadlyCasper on April 15, 2014, 02:34:53 AM
I have 19 peerbet vouchers for .00019 BTC I would like to trade for .0001 BTC.. Let's talk.... If for any reason my vouchers don't work I will replace with working vouchers. Don't not and say you did... My honor as a REAL bitcoin enthusiast. I believe in the one world digital future. I trust you... I will send first...


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: bit777 on May 19, 2014, 05:23:00 PM
Bitcoiners - Peerbet is looking for investors!

We only have a 125 btc bankroll at the moment - so you can take a larger part of any wins here!


https://www.peerbet.org/account/funds_invest.aspx
 (https://www.peerbet.org/account/funds_invest.aspx)


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: casinobitco on June 23, 2014, 10:35:25 PM
Folks - With JD taking a leave, it's a great time to get into PeerBet which is controlled and owned by the operators of CasinoBitco.in.

We are in the midst of several UI/UX changes which will overhaul the look and feel of PeerBet - a few screenshots of what's coming will be posted here.



Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: MilkyLep on June 24, 2014, 05:56:50 PM
130.19825131BTC bankroll with -24.93018785BTC profit.

Tempting.


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: casinobitco on June 24, 2014, 09:02:20 PM
Gotta turn at some point, right?  ;D

We do plan on making a lot of changes to the interface in the next ~60 days. We'll have more information and screenshots in the CasinoBitco.in monthly report on Havelock Investments (posted by 7/4/14)

130.19825131BTC bankroll with -24.93018785BTC profit.

Tempting.


Title: Re: Peerbet.org | Invest | 1% Dice / 3.2% Wheel of Fortune | BTC & Altcoins
Post by: GeoRW on June 26, 2014, 07:05:12 AM
full Kelly (max win of 1% of the bankroll) is really dangerous. I suggest you decrease that to 0.5%. Peerbet has very low volume, so once some lucky whale comes in, it can do huge loss for the house. It has happened in both JD and Everydice. Dooglus withstood that incident and continued to operate the site while owner of Everydice ran away with investors money.