Bitcoin Forum

Regarding the recent FUD cycle plaguing dice sites i would like to know the best site to invest BTC in ??? leave suggestions below plz ;D

Good as example in not scamming you some day? You can never know when an anonymous dice site is disappearing and scamming customers. And actually you can get even into -% if some gambler is lucky enought to get the investment money down. So not even a secured investment to gain profit.

So I'm not exactly the most objective source, but I help run dice.ninja (https://dice.ninja), with a 1% house edge on investment. We've been running dice site's for ~ 6 months, including jpcdice (https://jpcdice.com) and darkdice (https://darkdice.net) and most people that have invested there in the past have felt we gave them a fair shake. :)

Be happy to answer any questions you might have.

As dooglus and others have pointed out many times there is no way to safeguard investors like you do players in a dice site.  The owner can always find a way to cheat you.  Right now there is just no way around investors having to trust the owner.

dicenow and bitdice.me are two sites I've seen that allow investment.  dicenow also allows you to invest litecoin.  The bitdice.me has litecoin, doge, and reddcoin sister sites.  You can also invest on peerbet, though I have not done so.

Good Luck!

After the DiceBitcoin downfall, I don't trust dice sites, even if reputable members(like Dooglus) support them.

Only one I trust is Primedice because they are around for more than a year and always have been pretty reasonable in all business matters, but they don't have the invest option.

This is good advice. Investing in dicesites just seems too risky to me. They can run a seemingly fair and honest site but can run off at anytime leaving all investors and even players out of pocket. A better investment would just be to buy and hold bitcoins in my opinion.

It would be interesting to start a webservice that listed dice sites by

Total invested / Average Daily volume * House Edge.

As well as various other data. Like a Dice comaprison site for both users and investors.

I might start such a website but would need to get the listings of various dice sites.
Is average daily volume data readily available on most dice sites?

Yeah, at least on Primedice, Just-Dice, PRDice etc.

A comparison would be nice.

To be honest investing on dice sites can turn out to be nonprofitable kinda easily, keeping in mind the risk of a site just running.

i think primedice
instant deposit instant withdrawal  :)

primedice is geat site, but as far as I know it doesn´t have option for investment

Correct, PD bankroll is funded by the admins only.

I believe the top crowdfunded dice sites right now are PRC dice and Bitdice.

I'd say bitdice is one of the best.
there also a helpful comparison in gambling section https://bitcointalk.org/index.php?topic=797299.0

Did primedice introduce investing? I thought they decided not to do it... I haven't been there in a long, long time. Stunna is trusted though, so that would be interesting.

Primedice is the only one I have any kind of faith in, I am likely biased as I used to wear their sig

I like to play here: PocketDice.io. It has a nicer design than others, and in the same way as the other is provably fair.

Not like saying it but I would also pick PD3 simply because they've been along for so long.

In the moment they will introduce investing that should be a flag. while they are doing well they dont need investors as the profits go straight in theyr pockets . When and if they will accept investors that means they prepare a scam(wich i dont believe will happen because a casino will never lose)

I couldn't see anywhere to invest in PD3... I see a referral program, but that's it. Maybe I missed it... anyone have any info?

i suggest you can invest  just-dice  :P  very nice dice site

I've just downloaded the clam client today. Interesting that dooglas chose to use an altcoin no one (well almost no one) has heard of before rather than bitcoin. I'll look into it and see where it goes, the real question is what will the value of clams be?

Pocket Dice has a nice design, but I don't think you can invest in the bankroll.

Sorry, what do you mean "invest in the bankroll"?

i wouldn't invest into a dice site, at anytime a dice site could close up shop and leave with all investors money. with that being said pick a well trusted site if any to invest in and do your research before investing.

On some certain sites such as PRC Dice and BitDice.me, you can invest in the site to share the house profit. The site owner usually takes 10% fee on your investment profit.

Now that I've got some clams from the clam alt-coin thread, I'm going to do some investing into Just-Dice with them.  I got $23 worth just from "digging" old btc wallet addresses, cool stuff. Check out the thread.

https://bitcointalk.org/index.php?topic=623147.0

Nobody knows, we will see. It is why not huge amount of money are invested in just-dice. If you make 20% but lose 80% because CLAM crashed you will not be happy!

bikinidice.com does accept investments in 5 different criptocurrencies
but I never tryed it myself

Try out casino in my signature, many cool games and really awesome design  ;D

If I invest in a dice game for example 1 BTC, how much I can earning? any examples?

You can expect to earn 0.9% of the amount of coins wagered if the edge of the casino is 1% and the administration fee is 10%.
Some Bitcoin casinos have delivered 20%/year, others 50%.

bit★Stars is good to invest?

You have a review of sites to invest in here : https://bitcointalk.org/index.php?topic=826466.0;topicseen

OP doesn't test bit*stars

Thanks a lot. This link is exactly what I'm looking for.

I don't think it takes investment, as I couldn't find anything related on its site or its main thread in gambling section.

It's a good thread, there is one from omahapoker too.

Bitstars doesnt take investments.
Best  sites to invest would be just dice or bitdice.

PRCDICE i think is the best right now :)

just-dice is good but you have a CLAM exchange rate risk. This risk can end up being a reward but it's a risk anyway.

Its actually a big risk, but now the prices are down, might do further, but I doubt by that much.
Good time to convert, probably.

Best dice site FOR me is paidverts.

Paidverts? You mean https://www.paidverts.com/? How is this a dice site lol?

For a list of dice sites with investment, you can check the page http://cryptobettingindex.com/dice-invest/.

You can try to guess what the demand of CLAM will be but for me the big question is what the supply will be? Only a small portion of CLAM have been dug so far.

True. Since the market isnt so big right now, any of the dev could possibly dump his coins in the market anytime.

LOL WTF what i said i mean PD .

Yes and a big bitcoin casino, mixer or shop could have tens of thousands of CLAM to dug then dump.

You clearly need a cup of coffee or a nice sleep back then lol. ;D
PD is also the best dice site for me, but it doesn't take any investment.

No way.

@Salmon yes you don't need to invest anything into pd but it's very hard to do any profit with faucet . Maybe if you have account with 40 lvl.

You are likely to lose a lot before you reach level 40

Any idea how much bitcoin I need to play in total to reach level 40?

Here is new dice site: http://bitcoin.multidice.me/

and here is some christmas giveaway: https://bitcointalk.org/index.php?topic=903984.0

Ask on the primedice thread. Probably at least hundreds of bitcoins

If you have few hundreds of BTC - is better to check price of BTC before you start gamble with that  ;D

I didn't advice to gamble a few hundred btc but i think you need to gamble at least a few hundreds btc to achieve level 40 on primedice, you probably even need to gamble 1000btc which you can achieve with a lot less than 100btc if you are a bit lucky

This guy can play without blinking an eye: https://blockchain.info/address/1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF  ;D

The person received the bitcoin in 2011 and has never spent it. Either he has already lost the private key, or he has decided to keep his bitcoin untouched for years. In either cases, he won't gamble his bitcoin on dice sites. ;D

how about justdice? :)

JD and doog are highly trusted, but since JD works with clam altcoin only, you will need to take the risk of clam/btc rate going up and down.

This.
Clams currently benefit from hype caused by "re-opening" of JD. But if there are no other big things to come, its price will be likely decreasing over time.


On the subject, PRCdice is imo the safest choice for investing, also the v 2.0 is to be released shortly and it will include some more investment options, such as risk range from 1/4 kelly to 10x kelly.

Test preview:

https://test.prcdice.eu/ (https://test.prcdice.eu/)

Current site:
https://prcdice.eu/ (https://prcdice.eu/)

Other one is https://safedice.com/ (https://safedice.com/). They're advantage is variable house edge of 0.5% (attractive for players). Their bankroll is rather small (~BTC26), so you could get significant % of it by investing relatively small amount.

It is why there are only 230,000 CLAM=805 BTC invested but it should grow.

You should also note that the site owner has a negative trust from trusted members on the forum.
He is also know not to pay affliates, and skip promised pay for bug bounties.  I would be careful investing my money in such an owner.

You mean the critical bug report, which wasn't critical, which you haven't properly reported and for which you demanded 1 BTC upfront payment (if I remember correctly)?

Not my fault if you don't go through the forum posts correctly, and just side with people, just because probably they have your investments or you get your 0.001 from affliates weekly.
Not your fault either, as when I was telling people to withdraw on DB, I got the same response(probably because 100's of people say that every day after losing).

And about that critical bug you talk about,  here is Dean agreeing to pay the 1 BTC : https://i.imgur.com/jtT5ewM.png
and here he is in chat, giving another excuse why he didn't pay up: http://oi59.tinypic.com/2dj4gon.jpg
Go figure yourself.

Tell me if I am so wrong, why did people like Bay who supported and promoted the site went against it?
Dooglus also supported the site in the beginning of dice launch, but clearly had lots of arguments on the thread.

You should probably reread  the entire thread properly. One does not get a negative trust for no reason.

I don't side with people just because they have my investment, if anything - it's the other way around.

What's the "0.001" about? Where did you get it from? Out-of-the-ass figure to suggest I shill for few pennies/week? Is that what you tried to do?

I'm not re-reading anything, as it's not worth my time (not very entertaining if you're not part of it), it's an issue between you and Dean, I just remembered that it wasn't a case of you simply reporting a bug and Dean not paying. There was a bit more to that story, wasn't it?

My problem is you trying to take revenge by spreading incorrect info. Lets take a look again:


See the subtle plural form (in bold) you used probably to suggest it's notorious for PRC not to pay/scam/steal or whatever. While the true is (afaik):

- Dean has 1 negative from 1 trusted member (default trust) - BayAreaCoins, who is also the only affiliate who didn't get paid. Again, there's more to that story (but I did side with BAC on this one).
- Since Doog's bounty issue has been resolved (the hard way, but still), your bounty (deserved or not) is probably the only 1 not paid.

It's best to resolve your issues in the relevant threads, and if that's not an option, do it properly and write a full story, don't be misleading.

And as much as you may not like it, the fact is the PRC is currently the most trusted dice investment site (based on the amount invested). Feel free to prove me wrong.

PRCdice is appreciated among investors, just-dice is considered the safest but you have the clam/BTC exchange risk and safedice is very risky, I wouldn't send too many btc to the site

Hmmm, you guys are forgetting PD is rigged

PD is not an investment site, so it doesn't matter when thinking about investing.
And why do you say it is rigged?

I've tried primedice but I'm really liking coinichiwa's "Stop if balance over/under X" in the automated betting. :)

yep coinichiwa is a rising site jacpot was just cleared out too

Yup. I've turned their free satoshi into 0.0006 btc before. Not too bad imo.


I'm also interested to know why you think PD is rigged.  ???

I think this new idea of investing in dice site is not good and will give way for scanners. why would a dice site need investors they makea lot of money already.

Let me suggest its satoshibet. Its a good site I ever see and used to play every time I gets bored my btc hahaha lol. I think no dice site will give you profit. All are scammed site and you always loose your btc.
First time you will earn some then you invest more and you loose all your btc then

That's the happy endings of your all btc that you made.

ENJOY 2015 DEAR FRIENDS

Thanks

I think satoshi bet is not an investment site.
You calalways try bitdice and coinichiwa which is a great new site.

win88 good or not?  :)

win88  sometimes ur roll didnt count

As there is no contract when you invest in a dice site , invest what you can afford to lose. And if you know the site owner personally it is better  :D

Do you mean sometimes your bets have disappeared or have been skipped? Or you are just saying the "roll dice" button is sometimes unresponsive?

In the begiinning many dice sites need investments to increase their bankroll, max bet, max win, etc.

Rigged?


What about bikinidice?

Would that be a good investment?

Primedice is not rigged, be careful to use new casinos and new bitcoin sites.

SafeDice.com (http://SafeDice.com) now implemented multiple investment options "kelly":


To invest you need to ask for the investment option to be unblocked.

Official thread:

https://bitcointalk.org/index.php?topic=868275.0 (https://bitcointalk.org/index.php?topic=868275.0)

Primedice would be best if they accepted investors

no, unfortunatelly they don't accept investors
I would invest if they do

They prefer keeping 100% of the profit for themselves and have a big enough bankroll to offer a max profit of 40 BTC per roll.

it's 20 BTC now that is also not bad :)
PD decreased max profit after some guy won 2000 BTC

It is still written 40 BTC on Primedice.

That's the advantage of sites with crowd funded bankroll, they can offer higher max profit, if someone wins big - the investors get hit. PRC has max profit of ~135 BTC and it keeps growing.

It's good for investors as it attracts big players, and if they want to reduce the risk, they can choose low kelly option (1/4 or 1/2).

Most gambling site offer a max profit of 0.5% of the bankroll. Just-dice used to offer a max profit of 0.5% of the bankroll.

Primedice probably has a bankroll of 4000 BTC.

what sites can i invest it now?

I think Bustadice would be a safe bet.

^ You bumped this thread just asking this, the thread is 5 years ago and why you did not research your own instead.
However, I will still help you if you are truly looking for a gambling site that you can invest, actually there is a list here in the gambling discussion for your investment plan. You can check it on this thread, https://bitcointalk.org/index.php?topic=5247587.0 and there is an actual experienced in gambling investment thread, https://bitcointalk.org/index.php?topic=5239794. Nevertheless, Good luck.