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7701  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: July 31, 2013, 06:13:25 AM
while we have a greater than 99% chance of winning, there is that 1% chance of losing

Nobody could say you're not giving this at least 101% effort.  Smiley
7702  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: July 31, 2013, 06:10:22 AM
I can do 15000 rolls of the same size. (what i've been doing lately, actually)... I just gave 10 BTC profit to the site a couple days ago, but I intend to take that back. hehehe. (disclaimer: Dabs is not an investor at the moment.)

Doing 15000 rolls of the same size and chance has an expected value that is 15000 times that of a single roll.

So unless you found a single roll with a positive expectation, this doesn't sound like a good idea.

Disclaimer: I'm relying on facts in this analysis.  Not magic, or dragons.  So it may not apply to you.
7703  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: July 30, 2013, 10:41:39 PM
     11 W
     12 L
     13 L

That's pretty streaky for just 2005 bets.

Cool, thanks! All the bets I do for profit are on 49.5, even tho I've had more lose streaks I am standing a profit. Awesoome.

You often see that for martingale bettors.  It doesn't matter the length of the streaks so long as they can survive them; they'll be profitable until they came to a streak that busts them.
7704  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: July 30, 2013, 09:25:18 PM
My user ID 1194, can I see my highest win and loss streak on 49.5? Quite curious. I've done it for a while now and am 0.3BTC profit total!

You made 2710 bets.
2005 of them were at 49.5%.

Your longest streaks are:

      9 L
     10 L
     11 W
     12 L
     13 L

That's pretty streaky for just 2005 bets.
7705  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: July 30, 2013, 07:12:06 AM
doog,

does the 5% commission get applied the moment you divest, or the moment you remove your btc from the site completely?

Moment you divest.

EDIT: Check the invest history, it will show the amount of commission charged.

Yes, it's when you divest, and only if you divest all your principal and some new profit.  So if you invest 100, gain 10 in profit, then divest the original 100 or less, you pay no commission until the weekly run on Sunday.
7706  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: July 30, 2013, 06:35:15 AM
What about sending the Bitcoins to the emergency address?

Good idea, except:

* the emergency address isn't currently locked using google-auth, so an attacker would just change it

and

* it's not set on the account in question
7707  Economy / Gambling / Re: PrimeDice.com | The New Way to Roll | Lowest House Edge (1%) | Instant Deposits on: July 30, 2013, 05:34:58 AM
Last I checked the J-D max bet is 382 BTC with almost 38200 BTC Bankroll.  Are your pockets that deep?

That's "max profit per roll", not "max bet".  You don't really need to have 38k BTC to offer 382 profit per bet so long as you don't mind a higher risk of ruin.
7708  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: July 30, 2013, 04:54:54 AM
Seems like a good solution would be to have them send you a verified message from a bitcoin address where they had previous sent a large deposit.  If they have an email registered with the account, sending an email from that account would seem like another good idea to verify identity.

Both of those things are things an attacker could fake having installed a keylogger on the victim's machine.  The purpose of 2FA is to be something that the attacker can't fake.

Then people will ask you to temporarily disable 2FA while they "make a backup"  Cheesy

That's fine, so long as they can provide a valid 6 digit code before I do so.
7709  Economy / Gambling / Re: >>Insanity Dice<< Legit 60x2 [Great Specs] [Trusted Hosts] [Bils Paid Out] on: July 30, 2013, 04:30:43 AM
The video isn't uploaded yet.

Maybe try re-encoding it to a lower resolution and trying again.  It shouldn't take more than a few hours to upload a video unless it's very long.
7710  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: July 30, 2013, 04:10:37 AM
Not sure this is bad but just an observation...

I have done tons of bets the last week all at 2X.  The number of bets done I don't think are relevant.  What is fascinating is I have documented at least 12 streaks of 15 greens and 0 streaks of 15 red thus allowing me longer play.  The highest streaks of red I have experienced is 11.  At some point those 12 streaks of  "15 greens" need to be paid for by matching those 12 times with the equivalent 15 reds.

Perhaps other folks are not as lucky and getting my 15 red streaks?

There are plenty of streaks of red out there too.  One day you'll hit a bad one.  When it happens please try not to scream "this site is rigged!" Wink

If you want to tell me your userid I can take a look and tell you exactly how many streaks of each length you've had.  Are you mixing up 'hi' and 'lo', or always playing the same?  If you mix it up then you can be even more sure the streaks are entirely down to luck, since your moment to moment decisions about how to roll are entirely responsible for them (except when you roll between 49.5 and 50.5 - there's nothing you can do about those ones).
7711  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: July 30, 2013, 04:06:40 AM
I just received an email from someone telling me they bought a new phone and so lost access to google auth, and so can't log in.

They want me to reset their google auth so they can log in again.

This seems wrong to me.  If I reset google auth on demand, what's the point of even offering it?

So please, make sure you have a backup of your google auth secret, in case you ever buy a new phone and so lose access.  If you already have google auth enabled on your account but don't have a backup of the secret, please PM me and I'll temporarily disable it so you can make a backup.
7712  Economy / Gambling / Re: bitZino - Bitcoin Casino - Blackjack, Roulette, 3 Card Poker, Slots and more! on: July 30, 2013, 03:45:05 AM
None the less you drew to 21 11 out of 50 hands is kind of crazy. over 20%?

I like your site. But just from just what you posted playing good strategy you guys still have a huge edge. Good luck

From what was just posted we can't tell anything.  50 hands is quite simply not enough upon which to draw any conclusions.

On Just-Dice about a week ago one guy hit two separate runs of 21 losing rolls in a row all within 7k rolls.  The odds against this are enormous.  But when you consider this was just 7000 of over 40 million rolls it makes sense.  Someone is going to have horrible luck at some point, just like someone wins the lottery each week even though it's unlikely for any individual to do so.
7713  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: July 30, 2013, 12:06:04 AM
40 Million Bets Bonus!

Investors are scrambling to put their bitcents together to offer a prize for the 40 millionth bet.

16:39:38 (1) <dooglus>  http://blockchain.info/address/15eUfpGRrwURexYfaLgyBhUuvAdzcKNeiE?filter=2#<-- collecting for 40m bet bonus - betid closest to 40m of 0.0001 or more gets the pot


Get your cents in now and make it a prize worth having!!

0.3 btc so far! Let's make this pot grow!!!

Deb

Oh, and thanks to Dopefish for getting this going!

17:02:52 (9) <Dopefish> I got 40000001
17:02:58 (57018) <SoggyLettuce> 39999999

Congrats to Dopefish (who somewhat suspiciously suggested the promo Wink) and SoggyLettuce who split the prize.
7714  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: July 29, 2013, 11:40:34 PM
Players are asking for a promotion for the 40 millionth bet.

I made an address (15eUfpGRrwURexYfaLgyBhUuvAdzcKNeiE) to collect donations from investors for the prize money.  We have 3 donations of 0.1 BTC each so far.

Bets of 0.0001 BTC and up qualify.  The one closest to 40m gets the pot.
7715  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: July 29, 2013, 11:25:16 PM
Does pirate from the JD chat go by any other name?

I don't know, but he's not made himself known in the JD chat for several weeks now.  The pirateat40 whose name he copied is the only one anyone will think of when you mention the name.
7716  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: July 29, 2013, 11:23:19 PM
could you give an example of how to game it?


I've heard a lot of people complain about bad beats, should they be rewarded for sticking with JD even after a series of unlucky rolls?

The problem is that with a lot of strategies people use, they ONLY lose when they get a very unlucky sequence of losses.  They make a fraction of a coin over and over for hours, and then hit a very unlucky run and give it all back.  Sometimes they don't even give it all back, just some of it.  In the long run they give it all back and 1% extra.  That's the house edge at work.

If we aren't careful, we end up giving them more than that 1% back, and then the house is running at a loss.

And if we give less than 1% back, it's pretty meaningless.  Guy just lost 100 BTC after hitting a bunch of losses in a row and we give him 0.5 BTC back - is he going to be pleased?  Probably not - he's been making hundreds of large bets for hours and that 0.5 BTC means nothing to him.

That's the problem with running at such a small house edge.  Some of the time the house makes no profit at all, and when it does, it's such a small percentage of turnover that there's not much left to use in promotions.  I wonder sometimes whether it would be more attractive to gamblers if we doubled the house edge and ran more promotions with the extra profit.  Hopefully they understand that 1% is a good deal, and that that's enough.
7717  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: July 29, 2013, 07:18:35 PM
Honorable People: dooglus | iAndroid | usagi | MattFoster42 | zeroday | MysteryMiner | pirateat40 | Vladimir

I just noticed your signature.  While I enjoy being listed a "honorable", I'm not sure being in the same list as pirateat40 is good for anyone.  Is your list meant ironically?
7718  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: July 29, 2013, 06:20:19 PM
That explains it very well!

Quick!  The site has been paying out long shots at twice the expected rate.  Get in there and bet long shots everyone!


Thanks for producing this chart.

No problem.

I made another list, in which only one of the two 0.0001% bets hit.

The first line looks like:

 0.0001%   0.0001 (      1 /  1014500)   98.57%

and the last line is:

                                         99.94%
7719  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: July 29, 2013, 05:57:51 PM
Someone was asking in the chat how it's possible that the site-wide luck is still over 102% after so many bets, and requested a breakdown of luck-per-chance, so here it is:

Quote
0.0001%   0.0002 (      2 /  1014500)  197.14%
 0.0010%   0.0000 (      0 /    27898)    0.00%
 0.0100%   0.0195 (      2 /    10232)  195.47%
 0.1000%   0.1046 (     34 /    32493)  104.64%
 0.7920%   0.7897 (     91 /    11524)   99.70%
 0.9900%   1.0450 (    163 /    15598)  105.56%
 1.0000%   1.0128 (   2918 /   288098)  101.28%
 1.5000%   1.7034 (    177 /    10391)  113.56%
 1.6000%   1.6021 (    267 /    16666)  100.13%
 2.0000%   2.1232 (   1208 /    56894)  106.16%
 2.4750%   2.7755 (    408 /    14700)  112.14%
 2.7500%   2.6493 (    279 /    10531)   96.34%
 3.0000%   2.8873 (    638 /    22097)   96.24%
 3.9600%   3.7136 (    667 /    17961)   93.78%
 4.0000%   4.0446 (  14927 /   369059)  101.12%
 4.1250%   4.2604 (   1414 /    33189)  103.28%
 4.5000%   4.6285 (   1697 /    36664)  102.86%
 4.9500%   4.9804 (  12668 /   254359)  100.61%
 5.0000%   5.0414 (   8957 /   177669)  100.83%
 6.1875%   6.1245 (   2413 /    39399)   98.98%
 8.2500%   8.3051 (   3237 /    38976)  100.67%
 8.4126%   8.5661 (   6225 /    72670)  101.82%
 9.0000%   8.9769 (  11478 /   127862)   99.74%
 9.9000%  10.0373 (  12103 /   120580)  101.39%
10.0000%   9.9937 ( 445492 /  4457711)   99.94%
11.0000%  10.9601 (  16411 /   149734)   99.64%
12.0000%  12.0225 (   2672 /    22225)  100.19%
12.2222%  12.2281 (   3486 /    28508)  100.05%
12.3750%  12.3383 (  89148 /   722531)   99.70%
14.1400%  14.0661 (  19502 /   138645)   99.48%
14.1426%  14.2449 (   1797 /    12615)  100.72%
14.1429%  14.3587 (   2277 /    15858)  101.53%
15.0000%  14.9378 (   3217 /    21536)   99.59%
16.0000%  15.9314 (   1607 /    10087)   99.57%
16.5000%  16.5450 (  27314 /   165089)  100.27%
17.9900%  17.9268 (  22655 /   126375)   99.65%
18.9900%  19.0439 (   4629 /    24307)  100.28%
19.8000%  19.8489 (  30768 /   155011)  100.25%
20.0000%  20.1069 (  56303 /   280018)  100.53%
23.0000%  23.1202 (   2715 /    11743)  100.52%
24.0000%  23.8618 (   9963 /    41753)   99.42%
24.5000%  24.2011 (   4150 /    17148)   98.78%
24.7500%  24.8459 (  18900 /    76069)  100.39%
25.0000%  25.0290 (  48379 /   193292)  100.12%
26.0000%  25.9508 (  22176 /    85454)   99.81%
30.0000%  30.0167 (  70609 /   235232)  100.06%
32.0000%  32.1967 (  13068 /    40588)  100.61%
33.0000%  33.0236 ( 191353 /   579444)  100.07%
33.3333%  33.3778 (  80777 /   242008)  100.13%
35.0000%  35.0552 ( 308135 /   878999)  100.16%
39.0000%  38.8207 (  18658 /    48062)   99.54%
39.6000%  39.5171 (  37874 /    95842)   99.79%
40.0000%  39.9578 (  64891 /   162399)   99.89%
41.2500%  41.3686 (   5737 /    13868)  100.29%
42.0000%  42.2562 (  29824 /    70579)  100.61%
43.0000%  42.9035 (  14821 /    34545)   99.78%
44.0000%  44.0615 (  22604 /    51301)  100.14%
45.0000%  44.9605 ( 173839 /   386648)   99.91%
45.5000%  45.2506 (   6698 /    14802)   99.45%
46.0000%  45.8192 ( 112094 /   244644)   99.61%
46.3483%  46.1318 (  30530 /    66180)   99.53%
46.3800%  46.9585 (   7349 /    15650)  101.25%
46.5000%  45.6302 (   8834 /    19360)   98.13%
46.5800%  47.1283 (   5867 /    12449)  101.18%
46.6800%  46.4351 (  13397 /    28851)   99.48%
46.8000%  47.3237 (  28708 /    60663)  101.12%
47.0000%  47.2146 (  31978 /    67729)  100.46%
47.1429%  46.8395 (   8277 /    17671)   99.36%
47.5000%  47.9066 (   6751 /    14092)  100.86%
48.0000%  47.8328 (  64768 /   135405)   99.65%
48.5000%  48.6159 (  23358 /    48046)  100.24%
48.8100%  48.8479 ( 101417 /   207618)  100.08%
49.0000%  49.0585 ( 257060 /   523987)  100.12%
49.2000%  49.2900 (   5415 /    10986)  100.18%
49.5000%  49.4826 (7148473 / 14446427)   99.96%
49.9000%  49.9445 (  15302 /    30638)  100.09%
50.0000%  49.9687 ( 782017 /  1565015)   99.94%
51.0000%  50.9285 (  94919 /   186377)   99.86%
55.0000%  54.7119 (  17812 /    32556)   99.48%
60.0000%  59.9535 ( 113929 /   190029)   99.92%
62.0000%  61.4558 (   9093 /    14796)   99.12%
65.0000%  64.9468 (  30060 /    46284)   99.92%
66.0000%  65.9256 ( 186665 /   283145)   99.89%
66.4430%  66.7673 (  25210 /    37758)  100.49%
70.0000%  69.4754 (  34489 /    49642)   99.25%
70.0141%  69.2011 (   6990 /    10101)   98.84%
70.5000%  70.5446 ( 233032 /   330333)  100.06%
70.7100%  70.7876 (  50691 /    71610)  100.11%
71.0000%  70.9901 (  24909 /    35088)   99.99%
73.0000%  72.9080 (   8216 /    11269)   99.87%
75.0000%  74.8953 ( 120007 /   160233)   99.86%
79.2000%  79.4727 (  40694 /    51205)  100.34%
80.0000%  80.0375 ( 536554 /   670378)  100.05%
82.5000%  82.5868 ( 118422 /   143391)  100.11%
84.0000%  83.9911 (  17282 /    20576)   99.99%
85.0000%  84.8832 (  93689 /   110374)   99.86%
86.0000%  85.7062 (  16591 /    19358)   99.66%
87.0000%  86.9749 (  91114 /   104759)   99.97%
87.7700%  87.7617 (  10355 /    11799)   99.99%
87.7779%  87.7891 (1587449 /  1808252)  100.01%
87.7790%  87.3803 (  18619 /    21308)   99.55%
88.0000%  88.0235 ( 213104 /   242099)  100.03%
90.0000%  90.0060 (1591265 /  1767955)  100.01%
91.6666%  92.0482 (   9851 /    10702)  100.42%
94.2857%  94.2412 (  42303 /    44888)   99.95%
95.0000%  94.8751 (  65701 /    69250)   99.87%
95.1923%  95.1306 (  57691 /    60644)   99.94%
96.0000%  95.8962 (  38977 /    40645)   99.89%
97.0000%  97.0465 (  12256 /    12629)  100.05%
98.0000%  98.0235 ( 158954 /   162159)  100.02%

                                        102.59%

I'm only showing chances which have had 10k or more bets.

Before generating the list I said it was probably due to vlees and nimda both hitting 0.0001% about twice as quickly as expected, and that does appear to be the reason.  1 million of the total 40 million bets have an average luck of 200% each.  Dilute that 40 times over and you get 102.5%.  Nice and tidy result.  Smiley

So the whole site's luck is still affected predominantly by a single lucky roll.  If only one of the two of them had hit the 1-in-a-million, as expected, luck would be very close to 100%.
7720  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: July 29, 2013, 04:51:02 PM
If you don't have the time, or patience, or fortitude, or perseverance, or stubbornness to do that, you can send your coins to me and I'll double it for you in about 2 weeks. (This is the DIGS or Dabs Investment Gambling Security.) The advantage I hold, aside from the magic seeds, are that my initial bets no longer get any delays for being above the dust levels.

You should be careful saying things like "I will double it for you" when it's quite possible that what you will really do is lose it all.  I just saw you bet and lose over 10 BTC in a single bet.  I don't know how big your 'DIGS' fund is, but I suspect that loss may have killed it.  It certainly wiped out any gains you made over your previous 1.4 million dust bets.

Beware of offering fixed returns, especially when those returns are made by gambling.  Gambling tends to be a gamble...
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