POSITIVE EV!
Edge = 0.5%
Assuming a wager of 5BTC to win this contest, Edge = 5*0.5% = 0.025BTC.
You make a profit of 0.125BTC
Calculation of effective EV for a 5BTC wager = (5-0.025+0.15)/5 = 1.025%. (favorable to the player)
Calculation of effective EV for a 5BTC wager = (10-0.05+0.15)/10 = 1.01%. (favorable to the player)
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Positive effective EV if you win #1 as long as wager < 30BTChttp://en.wikipedia.org/wiki/Expected_valueSee 2nd post for more info! How to participate:1. Sign up: https://safedice.com/?r=2596 .
Try to have the same username as here, so that it is easier to identify.
2. Post your username here.
3. Start Rolling! 
Prizes:
#1. Highest Wagered referral will get 0.15BTC.
#2. Second highest referral will get 0.05BTC
#3. 20 random participants will get 0.005BTC preloaded link to your wallet. Draw will be made on 12th Feb, with all enrolled participants till date.
Start: 8 February, 2015
End: 21 February, 2015
Features of SafeDice:
Very Low 0.5% Variable House Edge
Generous Referral Program
Instant Withdrawal
Instant and Anonymous Registration
One Confirmation Deposit
Auto Betting Feature
True Provably Fair
Two-Factor Authentication
Secure SSL Access
Chat Room
Approx. wins below 0.5BTC (10% of bankroll) have only 0.5% edge.
Official thread: https://bitcointalk.org/index.php?topic=868275.0
Seeking Escrow.
ty  |
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So how does this work? Once a payment is made, one slot is free? Edit: I get it, now. Edit2: Dang! I checked the time. The slots get free only around midnight in my timezone. No wonder, I am not able to grab any slot here.  I have never been able to participate in a happy hour too because of the time. Today, I am going to sleep only after I get the slot.  |
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Just won some BTC there. Fairly a good site. I found some minor bugs, not very important. anyway, is there a bug bounty? |
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I would like to apply.
Name: Watoshi-Dimobuto
Posts: 1074
Activity: 448
Position: Sr. Member
Bitcoin address: 16kLvpNUxncRWvAitL5rU6p6EQL5QmMxtP
Changed my signature. Waiting for confirmation. |
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magicbeans here! made a cool win on the site. lol, I almost lost everything in fact. martingale is really dangerous. |
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Are any slots open for me?
I am looking for a proper signature campaign.
Edit: It is shown as Available?
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I would like to apply.
Name: Watoshi-Dimobuto
Posts: 1074
Activity: 448
Position: Sr. Member
Bitcoin address: 16kLvpNUxncRWvAitL5rU6p6EQL5QmMxtP
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Great work, ndnhc. You did good. You didn't try to steal money of players and instead helped them. You certainly deserve something. Keep up the good work, bro, |
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Ouch! When did this start? I saw just January thread yesterday. I am interested. But is it full for Sr. members?  |
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Change of plan, folks.
It's taking longer than expected for the site to come up which means it's basically impossible to apply right now. Since this is the case, it only makes sense for me to close the program to new enrollments until this is all cleared up.
All outstanding applications are invalidated. No new applications will be accepted at this time.
Everyone will get a fair chance to enroll once I can re-open - at last word, this is expected to be about 3 days away.
Prior enrollments are not affected.
k, right. Removing my signature then. |
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Why you guys kick people after payment? Having to re-enroll every month is a pain in the ass. If the poster is doing a good work and posting normally, why the need to re-apply?
I've run this campaign using this method for 8 months now. The purpose is to not offer preference to existing participants, and allow as many people as possible equal opportunity to enroll. Offering re-enrollment preference or reservations effectively locks out people that may want to participate. This method offers the most chances to the most people. Well, you need not stick to it just because you were doing it till now. Most successful campaigns retain the good participants, and open the remaining slots for new participants. Of course, existing participants can leave when they want leaving up more spots. You know, building customer loyalty.. Post count: 1054 (including this) Bitcoin Address: 16kLvpNUxncRWvAitL5rU6p6EQL5QmMxtP Recent Bet: Down so couldn't bet. Last bet was before 7 days. Will bet after it comes online. ty Since you weren't able to bet, this is effectively an application reservation. This campaign doesn't allow reservations; this application is declined. Please re-apply when you are able to bet. It isn't my fault that luckyb.it is down!? I hope it comes up soon. I will play as soon as it comes back online. Till then you will get posts for free.  Edit: Is it possible to send a bet to the luckyb.it address now and enroll? |
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Extension has been granted till 11th of February as requested. |
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is this similar to a ponzi?
ponzi? why? I thought this was a binary site. I get winning payout instantly. It also has dice like games. How can this be a ponzi? Did people get that stupid to not know what a ponzi is? yep, this is not a ponzi, it is like a gamble game between customers and casino. And casino has 20% high edge. 20% really? I don't think that is true. You can just read the news and bet. I won some like that. If you have some sense and a bit of luck, you can get the edge to be negative even. I usually bet on oil, gold, currencies. |
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]Do you think the lender and the OP are the same person? That would explain why he repaid despite the worthless collateral, as well as the fact that the lender accepted collateral that was very likely going to be worthless in the long run.
Smells like same person talk to each other.
glad to see he repaid the loan, I'm worry he will request a bigger loan some day.
1. I am not the OP. I am not insane to lend myself 0.06 BTC (and waste so much time in the process), would've made some sense if it was 6 BTC or something. 2. The collateral was not worthless. It was worth around 0.2 BTC at the time of receipt. 3. He paid back because he is a good member of the community. I have lend to people without collateral and bigger amounts. All has paid back as of yet. I have just one more loan pending. You should be against people not paying back and not against people who pay back even though they could have run away with it.    |
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I am not sure why you thought that he is going to repay this. Not only is it a bad idea to transfer debt from one entity to another (as Vod mentioned above), but his reputation is not worth the amount of the loan, and you allowed him to receive payment from his signature campaign prior to the loan becoming due causing him to have the ability to extract money from his signature campaign prior to the likely negative trust he will receive when he does not repay you
I know it is risky, but he looked like he needed it. Dear Watoshi, Thanks a lot, man... I am seriously glad and speechless... I will be highly obliged, grateful and indebted to you till the last breath of my life man... I am gonna clear all my bills today and will repay you as soon as I get my payment... Also, just for you, I will again ask my sig camp's manager to pay me some in advance for me to have them secured and included on the other hand for you, with the fiat which will be used by me through my earnings to buy the remaining BTC... I am speechless, really... Thanks a lot again...  I can't say it in words, but feeling great and crying with tears of joy... Thanks a lot dear... At least, I helped someone? that is why I charge 0% interest to certain loans. |
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You got repayment? I was reading this thread and I was like "sigh, yet another failed loan" lol, I received the repayment all right. Had actually forgot about this loan, then I suddenly needed some money, so I remembered. I have another loan of 0.5 BTC to someone else. Trying to find the thread. Why did they disable the search? I would say that you forgot about it because it was over 3 weeks overdue. IMO this late of a repayment (without some kind of a late charge) really deserves a negative trust as they did not follow through with their promise. The search has been re-enabled and apparently is working better then it was before lol, come on, I got the money when I needed it. Why should I give him negative trust? He kept his promise of paying back the loan even after the collateral has become useless. He had asked me an extension and I gladly gave him that. He also paid me 0.005 BTC more. I am okay with this and OP may lock this thread. ty |
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Hi, repayment is almost due. SInce price went down, you only have to pay 0.5 BTC. I will get BTC0.28 and not BTC0.2, as I am confident I will be in the top 10 posters and will get a BTC0.1 bonus, but after 28 days, that's why I took this loan dear..
I am sorry, you got only 0.189 from the campaign. I hope it will not affect your repayment as you promised. |
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