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Used to love blackjack - but can't seem to get away from Dice at the moment...
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Well, when a high roller is playing he can either win some or lose some, short time. But the important is that most of times, its the long term that matters, if you see what i mean  nvm, he lost everything ^^  BTW. i like your site... nice ppl there and the website is really easy to understand / to use haha yeah I saw that too - can't be the house in the long run! |
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Bitvest no longer has a low profit.
Its back over 58 btc profit.
Bitvest is doing better thanks to the change in risk calculations but still takes way too high a share of the profits in my opinion (compared to SafeDice or Crypto-Games). It is still on the same level as KingDice though... |
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A little bit late this week but it is the festive season  We have now made over 1 Bitcoin in profit in less than 5 months from our Bitcoin Gambling Investment. Or our $3,000 US investment is now worth $5,528!   Please tell me if all those sites you listed are safe in the same proportion or if one or some are safer than others. No one can answer that question correctly. Hindsight is a nice luxury. |
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A little bit late this week but it is the festive season We have now made over 1 Bitcoin in profit in less than 5 months from our Bitcoin Gambling Investment. Or our $3,000 US investment is now worth $5,528! Its amazing never tried to invest in those site honestly but looks like you have reviewing those investsite like in that chart.. and looks like betking is the best site that actually you can get more profit than the other gambling site.. And i think you already get a good profit for now since bitcoin also is increased.. Half a year only and you almost made like 100% profit on fiat rate. Even in terms of btc, you already have like 20% profit. But now with only 3 investments, i really hope to see more variety of btc casino invested. What investment % you using on safedice? It is 2x kelly. |
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We adjusted our max win levels from 2%/10% with margin on slots, and 1.6%/8% on Plinko to 1.6%/8% on Slots, and 1.2%/6% on Plinko. We also lowered Bit Spin's limits around 25%. Currently, the max hit the bankroll can hit is around 7.2% on Slots and 5.4% on Plinko due to average margin not being at the limit, though. Also, if possible, could you update your review to include our dice? Excellent Zodiac, really good to see. I will write some new content in the new year for Bitvest |
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Hi Zodiac,
Are you able to explain the new and improved risk mitigation being employed for bankroll investors? I assume the max bet from plinko has dropped with regards to the bankroll?
My apologies if you have already posted this somewhere else.
Thanks
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A little bit late this week but it is the festive season We have now made over 1 Bitcoin in profit in less than 5 months from our Bitcoin Gambling Investment. Or our $3,000 US investment is now worth $5,528! Well done. That's a very nice result. But it will be hard to achieve similar return in the forthcoming months. Your profits were mostly generated by Safe Dice, which noted significant spike in the amount wagered and profit, while total invested funds were pretty low. Right now, SD's bankroll went up quite noticeably (to over 290 btc) and I suspect it will go further up (diluting your share), thanks to BetKing taking down the option to invest. But the spike in wagered was due to only one big player (Juicey) and you can't expect him to bet big and lose big forever. Anyhow, best of luck. Yeah a big spike in SD - I wonder if it is all the divested money from Betking... |
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We'll be offline for a few hours for maintenance.
Will post updates here with ETA of going back up. Thanks
Cool cool - was wondering why I couldn't log in |
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I own BetKing  the 70% is mine if I sell 30% of shares. As stated I'll update OP today. I assumed a lot of this was obvious stuff and didn't think you would need everything so specific. ICOs are tricky. More if there is no getting out. It is better to have clear terms. Agreed. I guess I was just too expecting of the previous "bankroll investors" to jump on board Also with the fact that I knew my lawyer would probably have to draft something up at end anyway. You are only have way through Dean! Give it time! |
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Crypto-Games returns have been so smooth, they are definitely doing something very right!
That's called good bankroll management. Their max win amount to bankroll size ratio appears to be the lowest among all the casinos in the review. This doesn't allow both significant drawdowns in the bankroll and massive losses by the gamblers, so we might not expect whales losing thousands of bitcoins at a time as it happened with BetKing. But this strategy seems to be working in the long term, and it is working perfect at that! But now it doesn't look good bankroll management because past earning records will not give any guaranty of same earnings in future as well. So now left with only two sites and if big whale wins in crypto-games then his investment may down a lot and all his profit may be eaten up very fast. Now again need to find another one or two sites investor need to add back any of the old sites. I don't think a big whale is a problem at Crypto-Games statistically with the way the bankroll is managed. |
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Broad question Dean - Are you going to pay yourself a salary or anyone else for such expenses?
What is your estimate of total annual expenses planned for the next few years and can you break them down?
This would be interesting to know Dean. Also the cap you are talking about might help. Would you still give the first weeks investors the bonus? |
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So what is the conclusion now? Only 2 credible and currently profitable gambling websites to invest? That s not even close to sufficiency. Soon they ll be saturated and no investment needed. Crypto economy s been slowly outgrowing itself.
Yeah I feel the same way. Although the BetKing ICO is looking interesting Agreed, although there is no cap on how much they could raise so it is hard to work out what the actual value of BetKing will end up being. |
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We try to make some campaign in this forum. We tried previously with signature campaign, but it had very very little effect. We should probably look for someone to organise more talk about us in here, if anyone is interested. If you like Coinbet24, we will be happy to get your vote here: http://betbybitcoin.com/vote-for-best-sports-betting-website/So signature campaign had little effect?  But some sites or projects have long term campaigns, which I consider them are effective, try to have participants as more as possible, if you have 200 people in the campaign, you will be NO.1 site here soon, and maybe your rate was not very attractive to people. I see secondstrade has 200 people and they only spend 1-2 btc, it is little money to a casino, especially you have a fiat casino. I guess your profit is huge per month I think it also helps with SEO getting backlinks from a campaign of that scale... |
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How can you take shots at Bitvest for 'not properly managing the max wins' while praising BetKing who had the highest volatility and max wins set in the industry?
I'm guessing it's because BetKing performed above expectation allowing investors to win and BitVest did not.
You are supposed to be a legitimate review site and yet you are basing your decisions off of fallacies.
edit; Directed towards bitcoingamblingreviews
You shouldn't consider only the max win amount. You should compare it against the size of the bankroll. If you are a casino owner and you can lose up to 10% of your bankroll in just one bet, you should be ready to see massive drawdowns and anticipate that the bankroll may be drained dry and clean deadly fast. Exactly... |
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I had some free time and i went ahead and made the chart that i meant above.
I believe this is much more informative than just having the chart for total profit:
[i m g]https://i.imgur.com/PbRDvAK.jpg[/img]
p.s. i could not continue past week 10 since new casinos were added and the investment amount was changed.
Great chart. Thanks for the time to share. By the way you can make the updates and even add those new site and additional investments thru gains percentaging. This way you can clearly identify the gains/loss per site as there were added amounts at Safedice. great suggestion, i changed the x axis from profit to percentage and i could add the rest and also include the change in investment from 1 to 1.75 which happened in safedice  I liked the results myself too, you can see this way that the purple line (crypto-games) looks to be the best one so far in this 3 months. and bitvest although being a shot time the worst. Nice chart, crypto-games seems to be most safest to invest, very stable line. Bitvest hm what to say, very big max win is allowed for plinko, but math should work for long run. If you invested in all those sites it should be something around hm..10% profit? Superb presentation mate, your chart will impress many gamblers to invest their money in gambling sites. I will refer your thread if anybody asks any question regarding Investment. Yes since last few months the Betking and Crypto games are giving good profit. This is a brilliant plot of it all! Bravo |
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Jackpot reached all time high - 2.5 Bitcoin!
Very nice! My prediction with BetKing divesting all bankroll investors December 1 is that a lot of Bitcoins go to the bankroll at Crypto-Games! |
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I just deposited a couple of bitcoins, and bet most of it on different lines on one game. Had no problems betting up to .5 Bitcoins on a main line and smaller in play lines around 0.3 Bitcoins.
Great sports book from my experience so far. Deposit was also instant.
It would be nice to be able to watch the game while I place bets (like bet365), but you can't have everything!
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