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1401  Economy / Gambling / Re: Investing in btc casinos on: October 17, 2016, 02:53:49 PM
Its very risky gambling

Investing in casinos is less risky as compare with gambling on. I think investment is good decision if we had some extra amount and can hold for some times. Than we could get profit by investing in gambling casinos because our will be on side of the house. Everybody know this the house always win in long run.

Although having an online casino might be profitable it is not guaranteed that all the investors will get their profit or even that they will have their money back. So it is better to invest in a site if you know the owner personally or if you can see that he/she have a great reputation here on this forum for example.
Also an option to make it a bit safer would be to invest in a site that will allow you to withdraw your coins instantly.
And definitely look for a site that has been around for a while.

I may be wrong, but I don't think that it's possible to withdraw your invested coins instantly from any site. There are conditions with which you must agree before investing and I think in most cases you are agree to invest for a certain period of time having the opportunity to withdraw only your "profit". I added speech marks to the word profit because I think only after you have all your invested money back you can really talk about a profit.

All good dice sites like BetKing.io allow you to divest instantly and withdraw your profit at any time.
1402  Economy / Gambling / Re: BetKing.io - NEW DESIGN! Most trusted and popular crowdfunded Bitcoin Dice site on: October 13, 2016, 12:52:46 PM
A new player up over 6 Bitcoin in the past week.
Consistent small wins daily Smiley

1403  Economy / Scam Accusations / Re: BETKING - NOT PROVABLY FAIR AND SCUM!!!!! on: October 13, 2016, 06:55:55 AM
When you create account it provides client seed from server!!!!!

When you request new server seed it already knows about your client seed and spits losing server seed!!!

You cant check what server seed you will get!!!

AND NOW CHECK HOW MUCH DEAN EARNED!!!! HE STEALS MONEY FROM GAMBLERS FEEDING THEM LOSING SEED!!!!!!!

DEAN YOU ARE FUCKING SCUUUM!!!!!

Oh it's you again.

You should provide proof of your claim.

After seeing NlNico's post in the BB thread yeah there are improvements that could be made but it is still provably fair.

On new account create it does actually generate client seed on server, this was just to save time and number of requests.

You can change the client seed in your browser before betting and at any time.

Also I'm not smart enough to watch your betting patterns and give you a losing seed based on your previous client seed Smiley
If you think I am doing such just do what others have suggested and change your pattern. There's 6000 Bitcoin up for grabs if you do that.

"You cant check what server seed you will get!!!"
Of course not, because then you could cheat.

1404  Economy / Gambling / Re: Monthly Best Gambling Site (october) on: October 12, 2016, 05:24:28 PM
Any other dice site going to have wins this big this month? Wink



is this for real or for fake?

i would love to see the guy who has made these bets and ask him a couple of questions about where did he bring the balls to do this Smiley

There's been bigger bets and bigger wins than that.
Just check up the BetKing thread and stay up to date. We have players like that all the time.
It's the reason we are the number 1 crowdfunded dice site, we have the most wagered, biggest bets etc.
1405  Economy / Gambling / Re: *NEW* KingDice.com - Innovative & Realistic Bitcoin Dice Casino on: October 12, 2016, 12:40:29 PM
  • House edge as low as 1%.
Can u please lower your house edge?

It is standard house edge for dice site imo, no need to reduce it. But perhaps it will be good to reduce it for promotion purpose only.
When SatoshiDice started, the standard was far higher. Now it is 1% and we are moving towards 0%. One day, that would be the standard.

There's no chance that 0% will ever be the standard. 1% is very low as it is, if you have a lot of wagered and big whales you see how low 1% can be.
1406  Economy / Gambling / Re: Monthly Best Gambling Site (october) on: October 12, 2016, 12:39:11 PM
Any other dice site going to have wins this big this month? Wink


Feel sorry with all Betking investors, he did a goodjob, is he pigeon?


Hahaha nice Quote, also we do not know who it PHUCKIT, player or an admin but I hope the players  Smiley
Are you still having doubt with one of trusted gambling sites? he's indeed the player, there was a player who betting 200 btc in a bet in betking.



I guess I'm destined to always have people accuse it being the admin betting, even after 3.5 years of running the most trusted crowdfunded dice site Sad

Also notice that a lot of threads in this forum get bumped a lot even though the sites themselves are either quite new or have very little wagered while BetKing has the most wagered and is one of the first sites yet no one posting in the thread.

1407  Economy / Gambling / Re: Monthly Best Gambling Site (october) on: October 11, 2016, 10:35:52 PM
Any other dice site going to have wins this big this month? Wink

1408  Economy / Gambling / Re: BetKing.io - NEW DESIGN! Most trusted and popular crowdfunded Bitcoin Dice site on: October 11, 2016, 10:26:26 PM
Some big wins just now, 76 Bitcoin bet!

1409  Economy / Gambling / Re: BetKing.io - NEW DESIGN! Most trusted and popular crowdfunded Bitcoin Dice site on: October 11, 2016, 06:35:16 PM
I deposited .2BTC about 5 minutes before server went offline.  Now it won't let me login to my account, how much longer until site is back to normal?

EDIT: all appears good now and depo is showing in account Thanks for making downtime short.  Cheers

Hi

Very sorry for the delay and thanks for being patient.

Back up now.
1410  Economy / Gambling / Re: BetKing.io - NEW DESIGN! Most trusted and popular crowdfunded Bitcoin Dice site on: October 11, 2016, 05:05:01 PM
We'll be offline for a short bit while we make an update. Back soon.
1411  Economy / Gambling / Re: BetKing.io - NEW DESIGN! Most trusted and popular crowdfunded Bitcoin Dice site on: October 11, 2016, 01:49:52 PM
Currently under ddos attack

Back up now
1412  Economy / Gambling / Re: BetKing.io - NEW DESIGN! Most trusted and popular crowdfunded Bitcoin Dice site on: October 10, 2016, 01:22:49 PM
We just finished a Youtube Bitcoin Double or Nothing Video Review of BetKing here:

https://www.youtube.com/watch?v=sPQIiKjgo8I

We managed to double the 0.01 BTC and withdraw 0.02 BTC (just before I freaked out I was not betting how I wanted to)!

Thanks for the video review. Glad you like the site.
1413  Economy / Gambling / Re: *NEW* KingDice.com - Innovative & Realistic Bitcoin Dice Casino on: October 10, 2016, 01:20:40 PM
Are you guys the same guys from the DaDice project ? (or did you buy it since It was for sale) ? because It seems like you have the same design and as far as I know DaDice was never an open source platform.


No we are not. I tried to access it now,to check it, but its down. Our design is 100% custom made and the gameplay is also totally unique (We use real physics and 3D graphics ).  Wink

But you are someone that has been around the dice scene for a while no? Can't you tell us who you are from previous sites you have run or been affiliated with?
1414  Economy / Gambling discussion / Re: there are lot of dice sites , which telling us....... on: October 10, 2016, 01:18:29 PM
BetKing.io is the most popular and trusted crowdfunded dice site. That's a fact.

'one of the most popular' is more appropriate. Taking number of bets, Satoshidice wins by 100 million, also a year older. Grin


Quote
We have the most wagered out of all other sites, more than most of them combined. 387,775 Bitcoin

Primedice. 1,855,748 Bitcoin


Quote
We have the most invested out of all other sites, more than most of them combined. 4839 Bitcoin.
We have the most profit our of all the other sites, more than most of them combined. 6764 Bitcoin.

I agree. (among crowdfunded sites)


Quote
All stats can be confirmed on 3rd party sites like https://dicesites.com/

I am not sure what you mean by confirmed Huh dicesites reflects the data dice owners make public.


Quote
This shows too that I am not creating fake bot accounts and betting.

I don't believe you do. but this doesn't really show anything.


Quote
What makes it true is the crowdfunded model where if it was faked our investors would divest.

How would they know Huh

my thoughts exactly Tongue

Number of bets means nothing. Any site could have 100 bots running betting 1 sat and get the most bets of all casinos pretty fast but total wagered would be tiny.

Most popular is fact based on wagered and I said it was of all crowdfunded sites, but you can read what you like as usual Wink

The stats can't really be faked though. Invest and you would know they are real because you could withdraw your profit at any time.


1415  Economy / Gambling / Re: Investing in btc casinos on: October 10, 2016, 12:12:11 PM
Excuse me but Betking.io claims to charge 25% of users profits but actually its not. Its charging 50% and not 25%, cause on every wagered amount, 25% of the house edge(1%) is subtracted and then the remaining is distributed to the investors.  In general casinos expect 1% of the wagered amount in profit. Betking takes 25% of this 1% . So investors are expected to make a profit of 0.75% in long term. And when they actually make profit, 25% of this profit is taken as comission again so the actual long term profit is 0.5% -> So this means that investors expected profit is 0.5% of wagered amount. Meaning betking takes 50% and investors another 50% 




Am i right ?

Hi lurker from the chat earlier.

But this is no secret. It's in the investor help page.
It's been almost a year now that we take 50% of the profit in the long run.

There's nothing dodgy going on here and in fact a lot of the investors proposed the increase.



I have also invested to betking like almost 2 months ago. I have some profits now but I am not divesting it yet beacuse it is too low. Regarding the 505, does it mean that all of my profits will be deducted with 50%? I understand that you are the one maintaining the site hosting, security, and all of the technical stuff and I believe 50% is quite fair enough because my money is working for me. But lowering that to like 40% will be much better, I guess Cheesy

It's 50% in the long run. I've not actually taken 50% since big gamblers normally lose faster than they are expected too so I don't actually get much wagered commission from it. I would need to go and check the figures but I'd guess it's closer to 30% I have actually taken as commission.
1416  Economy / Gambling / Re: Investing in btc casinos on: October 07, 2016, 07:01:37 PM
Excuse me but Betking.io claims to charge 25% of users profits but actually its not. Its charging 50% and not 25%, cause on every wagered amount, 25% of the house edge(1%) is subtracted and then the remaining is distributed to the investors.  In general casinos expect 1% of the wagered amount in profit. Betking takes 25% of this 1% . So investors are expected to make a profit of 0.75% in long term. And when they actually make profit, 25% of this profit is taken as comission again so the actual long term profit is 0.5% -> So this means that investors expected profit is 0.5% of wagered amount. Meaning betking takes 50% and investors another 50% 




Am i right ?

Hi lurker from the chat earlier.

But this is no secret. It's in the investor help page.
It's been almost a year now that we take 50% of the profit in the long run.

There's nothing dodgy going on here and in fact a lot of the investors proposed the increase.

1417  Economy / Gambling / Re: BetterBets.io |Bitcoin & Rubies|🎲 DICE★PLINKO★C.O.R.E. *Bet-Mining* on: October 07, 2016, 09:31:52 AM
Many have copied betterbets advertising and promotional methods since they launched in 2015 nothing new really. This casino is the originator of creative ideas and been playing here for over a year.

Not saying anything bad about BetterBets here but that statement isn't true.

I, either as BetKing or Pocket Rockets Casino was doing all the same kind of promo stuff before BetterBets even launched.

We done giveaways of playstation 4, xbox one, tv's, games etc as well as all the leaderboard prizes, faucet, happy hour, rain bot, rake back, vip bonuses, 100% deposit and a huge amount of different promos.
We even done a promo together named wager warz (their idea that one Wink )

The thing is, none of these promos have a huge impact on the sites total wagered.
Gamblers are going to play anyway.

You can see proof of that just by checking dicesites.com and look at the wagered and profit of both BetKing and BetterBets for when promos have been running.

I spent £80,000 worth of Bitcoin last year on promos and it really didn't do much for wagered at all. Players play when they want to play.




1418  Economy / Gambling / Re: BetKing.io - NEW DESIGN! Most trusted and popular crowdfunded Bitcoin Dice site on: October 06, 2016, 11:15:08 AM
Investment risk option has been reduced to 4x now.
Max payout is still 224 Bitcoin!
1419  Economy / Gambling / Re: Investing in btc casinos on: October 06, 2016, 08:30:04 AM
As it snot regular investment, the idea of placing your funds with the casino is strange as is


i don't find it that strange.
a casino is a business like any other but with maybe a bit more risk in some cases but it is a business nonetheless that you can make an investment in it and share in the revenue.

Only thing should take care is invest only in well-trusted casinos instead going with new casinos. Also, you should diversify your investments to reduce your loses. In the long run, casino investments give a good profit. If you can take some risks then casino investment is a good option to grow your coins.

I agree, because one of the main problems of investing in casinos is that they can dissappear before you even return your investment. So it's a right choice to invest in the established ones.

They might propose you better terms of investment in a newly appeared casino but there is no guarantee they will manage to survive in the years to come.


Just don't invest in random new casinos or obvious scam sites. Two minutes of research in this forum shows the best places to invest with https://betking.io being the best one by far. Been around since 2013, have the most invested, most wagered and most profit out of all other casinos that allow you to invest.
1420  Economy / Gambling / Re: *NEW* KingDice.com - Innovative & Realistic Bitcoin Dice Casino on: October 05, 2016, 06:57:25 PM
Nice graphics on the dice. Shame about the name though Wink
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