Just checked back on the site and found the new x100 wager promotion. Just want to be clear on the rules before I deposit: what does the 0 edge mean? I saw that the dice edge on x2 payout was still 1% (49.5 win chance). Will this adjust to a 50% win chance on x2 if we claim the deposit bonus? And this works for all currencies equally, correct?
It's a 0% edge because with a 1% house edge (the base dice game itself) there is a statistical return of 0.99 for each given bet. Since this promo requires you to wager 100x your deposit, you are expected a return of 0 for the game after wagering that amount but are also given your deposit back. Thus the two cancel out and you have a return of 1.
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Well, they do have free withdrawals and x2 really isn't that much. Though, I understand the issue and it makes a lot of sense, I'd like to encoirage FJ to do what i stated before, the rollover should only apply if you want a free withdrawal (no fees subtracted).
Are you concerned with 2x wagering requirement? Its not much and you can wager it with very low risk bets.
Also there is no any manual verification needed for withdrawal if you are withdrawing to same address but if you change receiving address you might have to confirm it manually through email.
Ah, the beauty of ignorance. 2x wagering requirement is going to be a minimum of 2% deduction from a deposit. [According to bitcoinsfees.21.co] The average transaction will only take ~0.5mBTC to have the fastest confirmation time. Now a 2% deduction is greater than that transaction fee when the deposit is greater than 25mBTC which is a relatively small amount. Anyone who deposits >25mBTC is at a statistical loss even with a 'free' withdrawal.
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and you still with the same if you do not agree go and look for another site, the bonuses that give you betting sites have conditions, you may or may not seem fair but they do not force you to receive the bonus, if you do not like a bonus it is as simple as not claim it and now !!! Because you obviously did not read or understand anything about the situation but rather chose to write like an illiterate bastard, I will enlighten you. The previous bonus (the one that was the problem) did not have anything in the terms regarding the fact that amounts greater than the bonus could be cancelled. The hidden reality was that there was a tally for the number of bitcoins that would be deducted when the bonus is cancelled and the tally only increases: through gross profit. Thus you could easily accidentally cancel any amount greater than what you have at the moment.
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You may lose a few bets due to the 1% house edge, but that isn't what causes most players to lose, it's their greed/hunger for profits.
There are some crypto-currency casinos with no house edge or has 1% edge favoring the players! It sounds absurd, but it's not. The low house edge attracts more players, human nature is greed, people'll bet high and lose everything. The house edge there can be called as a false sense of safety. Suppose you run a casino with 0% house edge. The individual doesn't matter and the greed of gamblers won't matter either because statistically, they have a completely fair way to run your bankroll down the drain. They may continue on and on but the degeneracy will stop at one point and eventually one would notice that the 0% model is based entirely on luck and that there are no promising future prospects for it.
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AFAIK, there are no restrictions regarding font size for Jr. Members. Ensure that your bbcode was proper. Here's an example of size 15 pt font.And the code would be [size=15pt]Here's an example of size 15 pt font.[/size]
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Have you already cleared your bonus? If yes, how long did it take? I saw you earlier on the site betting from 1k sat to 10k sat per roll. I'm still thinking on whether to try the bonus with max reward or not. Have not yet cleared. If you have the bankroll to take it and are willing to lose potentially all of it (or spend some time dealing with the bonus) then it's a good move. These +ev promotions are always an attraction for me and I'll jump on it the first opportunity I get. By the way, didn't the old Betking have an investment option? Or did the ICO funds take care of the bankroll issue? ICO is investment now, with the BKB (BetKing Bankroll) tokens taking over.
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You are probably right but i've became a bit paranoid after what happened (they are currently trying to access many of my excange accounts), like, for example, what if the hacker sees that i'm trying to regain access to my account and edits the post with my btc address? It whould be a disaster for me. There are literally archive sites available to save the address. If you use archive.is and save the page then sign a message you have nothing to fear. Also, posts will be dotted to show any edits and one can hover over it to have a tooltip that displays the date and time of edit.
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Can someone enlighten me as for why those forum tags are considered so important that people are ready to pay for it? After all it only shows that person have been around for a while, it doesn't make him guru or something. If by tags you mean rank [it's contextually implied] then the main reason that users use it is in fact for reputation. Signature campaigns pay more to higher-rank members not only because of reputation but also because their signature can be customized far more than, say a Jr. Member's signature (which is only limited to 150 characters including bbcode). These accounts could potentially be used to scam given that newbies are more likely to trust a Legendary or Hero Member with currency exchanges or goods than a lesser rank. It's just how it is.
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1) Post the signed message 2) Quote the original post where the address was first mentioned 3) Display the account name What you currently have are mere words and are not sufficient enough to help you.
Is there any reason besides tagging that account as stolen for me to post those informations in here? I'd prefer not to. And ofc, if you or anyone else could help, i am willing to sent those via PM If you're not tagging the account as stolen then the new 'owner' is free to operate as they please. I'm not quite sure about your hesitation in the publishing of the account name. The DT members that would tag the account would most likely be active members that would be responsive to messages as soon as you retrieve the account from the snatches of the hacker.
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Let me try to understand this. Ok we have that 5x wagering requirement as a condition for withdrawals. Since it was sneakily included in the fine print, can anyone enlighten me if this scenario is allowed:
Say, I deposit 5 BTC. So now I play and win 0.2 BTC and decide to retrieve the entire 5.2 BTC. I now have to somehow overcome this 5x wagering requirement. If for example I bet or wager 0.001 x 5, this obviously satisfies that requirement. Can I then withdraw? Assuming I lost those entire 0.001 x 5 = 0.005 bets I would still have 5.195 BTC available for withdrawal. Will they now allow me to withdraw or do they have more sneaky rules to lock your money?
It's not winnings. It's the actual deposit. Which is fucked. "Wagering requirements apply before any deposit made on Member Account can be withdrawn. The deposit amount must be turned over 5 times before your withdrawal request will be approved. Wagering requirements can be met by playing on slots, casino games and games." Check their Terms & Conditions: https://fortunejack.com/help/terms
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Fair point. Just curious, how much are you planning on wagering? I'm thinking of doing somewhere between 0.1% to 1% of my balance to try to keep variance low and have a decent number of bets needed to be done. Haven't decided on exactly what amount yet.
Still, I think Dean should allow multipliers above 2x at least, as it makes is even riskier to go all in a bunch of times. I propose that you do 1/5000 for safety. Risk 1/1000 if you feel lucky but the former is much better in terms of variance control. With the max deposit bonus this would be a bet of 5000 satoshi. If you're worried about time, the autobet runs at about 2 bets/sec and manual (with rapid clicking/autoclicker) would reach about 6 bets/sec [peak]. Taking these values, autobetting safely would take 20 hours, 50 minutes whereas 1/1000 would take 4 hours, 10 minutes. Manual betting at peak would result in the safer option cashing in at just under 7 hours and the riskier one at 1 hour, 23 minutes and 20 seconds.
Not too much trouble.
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Any specific reason for requiring the bonus to be played on the 2x payout setting? It's the same +EV for the player no matter what the multiplier is, so why not let people play with more variety? People are less patient when it comes to dealing with near 50-50 odds and wagering. The right strategy (to decrease variance overall) is to bet as little as possible to have the rolls distributed evenly towards the 99:1 edge trend line. But as most people wouldn't want to bet .00000001 BTC consistently over a long period (for the max bonus of .1 that is literally 300,000,000 rolls that you have to go through). Assuming 1 sec/roll which is very generous, it will take nine and a half years to complete the bonus wager requirements. It's just a profitable decision from a business standpoint and even as I point this out it's the inevitable truth: no one wants to spend that time rolling dice.
I am participating in this bonus, though. Will be doing a similar strategy, but wagering much higher.
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For thread designing, I use the forum post background color to stylize invisible characters. I wouldn't have much of a problem with a dark theme were I able to do transparent ASCII code in my posts easily (let me know if there's an alternative way other than to set color to the bg). Thus a dark theme would make it look like garbage.
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1) Post the signed message 2) Quote the original post where the address was first mentioned 3) Display the account name What you currently have are mere words and are not sufficient enough to help you.
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These days a particular trend is Going on.
Head to digital and Goods section, Make an offer to sell Legendary accounts at cheaper price, Probability is that you will end up it selling, after the buyer changes everything wait for some days and then come to Meta section and opens a thread for Account stolen and get the account recovered, isn't it a chargeback??
So whats the difference between Bitcointalk and Paypal , Both does the same. People buying accounts took the risk in handling accounts and thus should take care when regarding these types of transactions (especially when accounts can and will be recovered externally). I do not condone account trades and so this is almost like twisted justice in a sense (though scams are very bad). How does one stop this? Stop account trading. Easy.
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today i install new window on laptop , i forgot password and when i try access i got message please help me unlock my acccount "webvn20" ,hilariousandco , you can do it , thank you so much . You are required to provide a signed message from an address the account has used on the forum before. Where is it? If you are unaware as to how to sign an address, shorena has a helpful thread: https://bitcointalk.org/index.php?topic=990345.0.
It's kind of weird, your situation. Changing the password at 16:36 UTC and then resetting it 13 hours later? Didn't you consider a reset via email?
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Suppose you have an account that was registered via one particular IP but then must use it using another IP in which there are other BCT accounts present. If one of the new IP's accounts are banned (and they are completely unrelated to yours) what happens to yours?
Example: accessing BCT from a library/office and an account that also used the IP was banned.
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Will a lurker like myself ever be able to get Member status?
Or since I will mostly be reading will I be a newbie forever?
Confused newbie. Lurking won't get your Member status, though you wouldn't need that if you are lurking. Posting = activity = higher status. (the reality isn't as straightforward but this is a simple explanation)
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The free withdrawals and deposits thing is just an excuse for having this outrageous requirement. Why can't they just charge users for their withdrawals instead of doing this? Nobody else in the industry does it. If you consider it from a statistical standpoint, the amount one would charge for the average transaction @ the best rates right now would be about .001 for the 226 byte transaction. Since one needs to wager their deposit 5x, that means that to break even on just the txfee you have to have a deposit of exactly .02. Think about this for a second. Any amount greater than 0.02 BTC means that you are losing [statistically] a higher amount than the withdrawal fee.
Consider a 1 BTC deposit, which isn't a lot. Wagering 5 BTC on their 1% edge dice game results in an expected value of -0.05 BTC. For a 1 BTC deposit, shredding 5% of it for a withdrawal fee is insane. It's literally a hidden deposit/withdrawal fee.
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