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481  Economy / Gambling / Re: PocketRocketsCasino.eu - 195BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: March 06, 2015, 06:06:50 PM
1) If I refer two players, one loses 100 BTC in a month and the other wins 100 BTC in the same month, how much do I get for having referred them both?

1) If you were on the 30% plan in that situation you would earn 30 Bitcoin at the end of the month.

That seems like a mistake. The combinated player EV for the two bets is -1% of 200 BTC, or -2 BTC. The affiliate's EV is more like +30 BTC. It seems to me that to cover this difference you and the investors need to somehow make up the extra 28 BTC of EV.

2) Do you allow "rakeback deals"? Like where I refer a player and offer him half of my earnings from him as rakeback.

2) No. If you read the terms you must have a website or large social media presence to be in the program. If I suspect that you are offering rakeback deals through your site then I will deny the application. You don't get to just hand out a referral link without first being approved.

I don't see why you would care how an affiliate spends his earnings. If he wants to give some of it to the people he referred, why would that bother you? It would probably encourage them to play more and lose more, so it would be good for you. The bottom line is the same for you whatever the affiliate does with the coins he earns from your program isn't it?

Regarding the small print. I would rather I didn't need to even have to put in such terms but there's a lot of people that always try and find some way to interpret things a way they were not intended to be and then cause all kinds of hassle so I put in a blanket statement like that in case of an extreme case I need to use it.

I think it's better to be specific, like:

1) work out a set of terms and conditions that works
2) write them down
3) stick to them

Rather than having vague but unrealistic terms and conditions and adding "but none of this is binding" at the end as a catch all.

For example, the case I'm pointing out. Maybe you don't want someone referring two players who each bet 100 BTC because they see it's +EV to cooperate in such a way. If so, you really need to reconsider the whole scheme, rather than waiting for it to happen, deciding you don't want to pay out the 30 BTC and saying "we're not going to pay, and we don't have to tell you why due to the terms you agreed to".
[/quote]

1) Yeah that's something that we discussed and it seems what you suggest is likely the best method. It may put large potential affiliates off though.
I'll review that.

2) It minimises there being the issue of affiliates trying to poach people off other affiliates or promotions from PRC.

I understand what you are saying about the terms but I will include a catch all just now, it's still standard on pretty much all sites. The terms will be finalised over the next few days also with a better promo page and tools for affiliates to use.

I'm looking to see what the initial interest in such a program is. I've not verified any affiliates yet and won't until there are more defined terms.
482  Economy / Gambling / Re: PocketRocketsCasino.eu - 195BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: March 06, 2015, 05:18:12 PM
You can read more here https://pocketrocketscasino.eu/affiliate.
Revenue is players loss that month.

Thanks. I have a few more questions if you don't mind answering:

1) If I refer two players, one loses 100 BTC in a month and the other wins 100 BTC in the same month, how much do I get for having referred them both? Does the profit cancel out the gain and so I get nothing? Or do I get 10% (or 20% or 30%, depending on the plan) of 100 BTC?

Basically if I refer a winning player does it hurt my payments?

2) Do you allow "rakeback deals"? Like where I refer a player and offer him half of my earnings from him as rakeback.

The dispute you are referring to was BAY who gave me negative trust, unjustifiably, because I stopped his affiliate account after he sold/rented a domain with my brand name in it to a competitor. He was paid. He lost future payments which would have totalled a very insignificant amount under the old structure. That's a very valid reason to stop someone's account.

OK I see. In fact it turns out you don't even need a reason to refuse payment or to change the payment amounts whenever you like:

Quote
Pocket Rockets Casino reserves the right to suspend your account at any time.
Pocket Rockets Casino reserves the right to change these terms and conditions including revenue plans at any time.

I guess those kinds of terms are pretty standard. I don't usually read the small print, but your small print was big enough and short enough that it was easy to read. Maybe it would be better to hide those unpleasant terms in amongst a big wall of other text like the big boys do...

1) If you were on the 30% plan in that situation you would earn 30 Bitcoin at the end of the month.

2) No. If you read the terms you must have a website or large social media presence to be in the program. If I suspect that you are offering rakeback deals through your site then I will deny the application. You don't get to just hand out a referral link without first being approved.

Regarding the small print. I would rather I didn't need to even have to put in such terms but there's a lot of people that always try and find some way to interpret things a way they were not intended to be and then cause all kinds of hassle so I put in a blanket statement like that in case of an extreme case I need to use it.
483  Economy / Gambling / Re: PocketRocketsCasino.eu - 196BTC max payout! NEW 30% AFFILIATE + ROULETTE + DICE on: March 06, 2015, 01:32:56 PM
Is the old affiliate system still active?

Also, that chat won't load for my on the dice or roulette page. Just get an empty box.

Tried it on chrome as well as firefox.

There was an issue with cloudflare caching. I cleared it so it should work ok now.
484  Economy / Gambling / Re: PocketRocketsCasino.eu - 195BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: March 06, 2015, 12:37:31 PM
New affiliate program
Earn up to 30% revenue from players you refer!

You can earn up to 30% of the monthly revenue of players you refer to Pocket Rockets Casino across all games.

How are you defining 'revenue' here? Is it the amount players wager? The amount the lose? The amount you take as commission from their bets? Something else?

And what does "up to" mean? Sounds like some people will earn less than 30%. How is that decided?

Are there other rules? I seem to remember a dispute in the past where you refused to pay out when someone referred you a bunch of players because you didn't like something he did. It was a while ago now so I forget the details. Are the terms and conditions available somewhere?

You can read more here https://pocketrocketscasino.eu/affiliate.
Revenue is players loss that month.

The dispute you are referring to was BAY who gave me negative trust, unjustifiably, because I stopped his affiliate account after he sold/rented a domain with my brand name in it to a competitor. He was paid. He lost future payments which would have totalled a very insignificant amount under the old structure. That's a very valid reason to stop someone's account.
485  Economy / Service Discussion / Re: Bitcoin Casino Affiliate Programs on: March 06, 2015, 11:48:09 AM
You got a red trust because you asked for a loan with no collateral in a post of a guy giving loans with no collateral?

If you are referring to me then you are wrong. I haven't asked anyone for a loan.
486  Economy / Service Discussion / Re: Bitcoin Casino Affiliate Programs on: March 06, 2015, 10:53:50 AM
New affiliate program
Earn up to 30% revenue from players you refer!

You can earn up to 30% of the monthly revenue of players you refer to Pocket Rockets Casino across all games.

To be an affiliate of Pocket Rockets Casino you must have a website or a significant social media presence or other marketing tools.

To apply email admin@pocketrocketscasino.com

Signup now and get 30% automatically for your first month!
487  Economy / Gambling / Re: PocketRocketsCasino.eu - 195BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: March 06, 2015, 10:24:15 AM
New affiliate program
Earn up to 30% revenue from players you refer!

You can earn up to 30% of the monthly revenue of players you refer to Pocket Rockets Casino across all games.

To be an affiliate of Pocket Rockets Casino you must have a website or a significant social media presence or other marketing tools.

To apply email admin@pocketrocketscasino.com

Signup now and get 30% automatically for your first month!
488  Economy / Gambling / Re: PocketRocketsCasino.eu - 195BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: March 05, 2015, 09:07:12 PM
Getting close to 10k bets on roulette. Whoever hits the 10,000th bet will get a bonus 0.1 Bitcoin.

1gal hit roulette bet number 10,000. 0.1 Bitcoin bonus was awarded.
Also elowin won 0.02 in tonight's  lottery.

Congratulations, thanks for taking part.
489  Economy / Gambling / Re: PocketRocketsCasino.eu - 195BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: March 05, 2015, 04:31:22 PM
Seems the majority of people in the chat are against the idea of adding 25x and 50x options so I'll put it on hold for now.

BTC
Getting close to 10k bets on roulette. Whoever hits the 10,000th bet will get a bonus 0.1 Bitcoin.

Get spinning Smiley
490  Economy / Gambling / Re: PocketRocketsCasino.eu - 195BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: March 03, 2015, 07:43:42 PM
any plans to increase max kelly? something for people who want to "gamble it up" by investing  Smiley

I was thinking about a 25x kelly or a 50x kelly.

I don´t really see any disadvantages in introducing this, because you´ve already programmed it anyways for
the already available kelly multipliers.

(any users who think this is unnecessary or too risky can of course keep their current multiplier)



I have had a few people mention it in chat. I wasn't sure how popular it would be.
If enough people reply here then yeah I could change it. Not sure what the max should be though so feel free to suggest.


i just see disaster. the site is already running an average of what, a 6-7x kelly? if that amped up to 30-40x kelly and some rich dude stepped in he could wipe out the house in a few bets without even getting that lucky.

like i said before though, the house max profit is kind of a silly point right now as no one ever stands to make a bet to win it without different gaming options available. that i think could really draw attention to some.

It would be a risk yeah but people could also use it to reduce counter party risk further, so take some bitcoin off the site but keep max bet around where it is.

Agree that the max is already very large and no one bets that much often but there has been a number of bets over 10 Bitcoin recently and also a lot of bets much higher. There was a bet not too long ago of 215 Bitcoin too.
491  Economy / Gambling / Re: PocketRocketsCasino.eu - 195BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: March 03, 2015, 04:40:53 PM
any plans to increase max kelly? something for people who want to "gamble it up" by investing  Smiley

I was thinking about a 25x kelly or a 50x kelly.

I don´t really see any disadvantages in introducing this, because you´ve already programmed it anyways for
the already available kelly multipliers.

(any users who think this is unnecessary or too risky can of course keep their current multiplier)



I have had a few people mention it in chat. I wasn't sure how popular it would be.
If enough people reply here then yeah I could change it. Not sure what the max should be though so feel free to suggest.
492  Economy / Gambling / Re: PocketRocketsCasino.eu - 195BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: March 03, 2015, 02:06:23 PM
Max win per roll is now 195 Bitcoin!

Thanks to everyone who has helped make Pocket Rockets Casino the biggest crowdfunded Bitcoin Dice site.


493  Economy / Gambling / Re: PocketRocketsCasino.eu - 175BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: March 02, 2015, 10:11:41 AM
looks pretty nice  Cheesy

Thanks
494  Economy / Gambling / Re: PocketRocketsCasino.eu - 175BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: March 01, 2015, 07:58:38 PM
Going live tomorrow, provably fair roulette.




*The blue square is the currently highlighted number, not winning number. Screen capture doesn't include the mouse pointer.

are investors participating in roulette losses? or is it only for Dice and you provide the bankroll for the roulette?
(I also have the same question regarding the lottery - investor backed or admin backed?)



At the moment only dice is backed by investors. All other winnings come from PRC.
I want to continue testing, finish other games and a few other things before opening those to investors.
495  Economy / Gambling / Re: Bitcoin Dice House Bank Investment Comparison Table: Now with 25% Scam Rate! on: March 01, 2015, 01:08:56 PM
I see what you did there.

Yes, but nobody else did. I thought we had agreed that I wasn't going to point out problems with your site any more and you would stop trying to defend it. Wasn't that our truce?

But I'll just let you know that I started Pocket Rockets Casino before your site opened, continued to operate while you were closed and still will continue to operate into the far future. In almost 2 years I have never lost a single satoshi of a player or investors money due to incompetence. But nice to see you still always trying to put the site down.

Well, you used to run a poker site, then when it didn't gain much traction you switched to running a dice site. I guess you can call it the same site even though the domain, game selection and even the design are completely different now. I'll stick to my side of the truce and not bring up old examples of losses suffered by investors due to incompetence.

Yes we did but every time I come into the forum I see some snidey remark or little dig from you aimed at PRC. Doesn't sound to me like you're holding up to your agreement.

In regards to the other part and finnile's comment.
I opened a Bitcoin gambling website in 2013, in 2015 it still is a Bitcoin gambling website.
I'll just stick to the PRC thread from now.
496  Economy / Gambling / Re: The truth about Dooglus and his pawn Arrogant. on: March 01, 2015, 01:00:31 PM
Debatable. What's to say if he was involved in that site that he didn't play against investors on that site or even on Just Dice before it? You can't disprove that. How would you know? No one seemed to know (even though it was the most obvious scam site to appear on the scene) that DiceBitcoin was skipping nonces until Bazza from Pocket Rockets Casino worked it out. So if it was dooglus or whoever then they were obviously trying to gain as much as possible before and hoping they wouldn't get caught.

I thought we had a truce. That means you don't get to be an asshole to me. You can't prove that you don't fuck your grandmother, so what's your point? And how was dicebitco.in an obvious scam before their cheating became apparent? It looked like the real deal to me. I thought you were just saying it was a scam because they were so much more successful than your site. Did you actually have a reason to think they were a scam?

I had nothing to do with dicebitco.in as you well know.  Cheating players on a provably fair site is clearly stupid since it is easily detectable. When you have investors you can cheat undetectably it just makes no sense at all. And wasn't in Finn who found the nonce-skipping issue not Bazza?

It would take all kinds of stupid operators to try and drain the bankroll like you suggest though. There are a lot of tracking sites that show that honest sites like Pocket Rockets Casino are at almost the expected EV compared to wagered amount while some of the sites you feel are trustworthy were closer to 30% EV.

Just-Dice profit is at 160% of EV, so again your point is moot. The variance is huge at 1% dice sites, so there's nothing suspicious about a site having half or double their expected profit. Even PRC's profit was negative not so long ago.

I think you took my post the wrong way. I was basically saying that he can't prove what any site owner could be doing, referring to Dicebitcoin actually having code written specifically to steal money from players. Not aimed at you or JD. If you seen the stats for a lot of sites on omhapokers website or NLNicos most are well below expected profit (though a few have been removed now it seems)
497  Economy / Gambling / Re: The truth about Dooglus and his pawn Arrogant. on: March 01, 2015, 05:26:43 AM


I'm sure we can both agree Dooglus is an intelligent guy, right? So if he was involved in the dicebitco scam and he is this bad guy you're portraying him to be, surely it would make more sense for him to have played against investors and slowly drained the bank-roll instead of skipping nonce's. Not sure if that has been said in previous pages of this thread but with that said, that proves to me right there that Dooglus had no involvement.

Debatable. What's to say if he was involved in that site that he didn't play against investors on that site or even on Just Dice before it? You can't disprove that. How would you know? No one seemed to know (even though it was the most obvious scam site to appear on the scene) that DiceBitcoin was skipping nonces until Bazza from Pocket Rockets Casino worked it out. So if it was dooglus or whoever then they were obviously trying to gain as much as possible before and hoping they wouldn't get caught.

It would take all kinds of stupid operators to try and drain the bankroll like you suggest though. There are a lot of tracking sites that show that honest sites like Pocket Rockets Casino are at almost the expected EV compared to wagered amount while some of the sites you feel are trustworthy were closer to 30% EV.


498  Economy / Gambling / Re: PocketRocketsCasino.eu - 175BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: February 28, 2015, 03:06:17 PM
Added the large bet notifications back to chat room.
Now any time some bets a certain amount in dice or roulette the result will be shown in chat room.

499  Economy / Gambling / Re: The bitcoin dice investment industry: 37% scam rate & -24% ROI in 5 months on: February 28, 2015, 11:23:38 AM

More than ฿1000 per week bet at Pocket Rockets Casino, no change in profit.


There's been over 450 Bitcoin profit since the start of this year which isn't bad at all.
1000 wagered a week should expect 10 Bitcoin profit a week. So yeah it's been a little slower the past few weeks but still a lot in the past 2 months.

all of the sites including yours are suspicious

What is suspicious about it? PRC has been around longer than almost all Bitcoin gambling sites without any investor losing money.

What is it people are waiting on me doing? How long does it take to be seen as trustworthy?

I even added the leverage system so I don't need to hold on to as much Bitcoin and give even less risk to investors.

The max bet at Pocket Rockets Casino is larger than all Bitcoin dice sites. I don't need more investment so there's no magic number I'm waiting on before running. I'd still prefer it to go down a bit, more people could use the leverage system for example.

I'm adding multi sig wallets for investor funds too (as soon as I can get a hold of most of the top investors).

I'm sorry you have had issues with some scam sites but none of that is a reflection or comparable to Pocket Rockets Casino, which has clearly proven to be the most trusted Bitcoin investment site.



500  Economy / Gambling / Re: PocketRocketsCasino.eu - 175BTC max payout! NEW ROULETTE + DICE + AUTO ROLL on: February 28, 2015, 10:56:51 AM
Bunch of little improvements updated today but the most notable is page load speed is much faster now.

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