Hey dooglus

As mentioned your pioneering investment model was my inspiration! I wouldn't say leverage is a good comparison. Leverage has a place in markets, but I don't particularly like it because people can become over-levered before realizing it. I guess similar to credit and debt. When margin calls come disaster strikes. It's easy to confuse other money (leverage) with one's own. In other words people buy what they really can't afford.

In my model you can't invest (or lose) over your balance. There is no leverage. However, you can risk anywhere from 1 to 10% of your balance toward max bet of the house. Everything investors risk, at various ranges, goes toward raising the house maximum profit per bet. So, for example, the scenario with Bob and Dave could be reversed, where Bob still invests 10 BTC and Dave invests 1 BTC, and the house wins (or loses) 1 BTC, but this time Bob's risk percent is 10% and Dave's is 1% meaning Bob would profit (or lose) .99 BTC and Dave profits (or loses) .0099 BTC. In this situation Bob controlled 99% of the house max bet which would be 1.01 BTC (the sum of Bob and Dave's risk stakes). He experiences profit/loss basically as if Dave isn't there.

In my model no matter what amount is invested, investors get a second variable to set, which is risk percent, allowing them to fine tune share of the site's profit/loss to their comfort level.

I'm hoping some trust can be built over time. Also, my investment structure makes it possible to invest less and still earn more.


I'm sorry I didn't explain it properly. A person investing .1 BTC can't get the same returns as someone investing 1 BTC unless they risk more. Below are more details:

Imagine Bob invests 10 BTC and Dave invests 1 BTC, and the casino makes 1 BTC profit. It's possible for Bob and Dave to share a 50/50 split
at .5 BTC each. This would be if Bob's "risk percent" was 1% and Dave's was 10%, meaning they have the same .1 player maximum bet per game.

Although Bob and Dave invest different amounts they share the same potential profit over a short period of time. However, Dave can
lose more faster. If the casino instead lost 1 BTC Dave would lose .5 BTC, or 50% his investment, while Bob loses .5 BTC which is only
5% of his 10 BTC investment.

I'm pushing for this coming week

One of the key aspects of the site is investment range. Dooglus had a great idea creating the Invest in site's bankroll concept, but the problem I found was once Just-Dice became successful it was hard to make money. Larger investors arriving meant smaller amounts were no significant part of the bankroll percentage.

My innovative addition is letting investors tolerate higher potential losses in exchange for greater profit share. This means the site can achieve a large max bet with a smaller total bankroll, because some investors may be willing to risk more of their share of the bankroll to variance.

Hi everyone!

I'm announcing a new Dice site soon. I first started a 50/50 card guess game back in May 2013. I then upgraded a few things, including adding an Invest option in November 2013.

You can check those threads to see I've never scammed anyone. My sites got positive feedback, but I didn't realize people really wanted Dice games. Now that Just-Dice has closed (my inspiration for adding an Invest option) I've decided to try once again, this time with a Dice site.

The best feature will be the investment structure. In a nutshell it's possible for someone investing .1 BTC to earn the same as someone investing 1 BTC, and profits are assessed daily, so people don't have to leave long-term investment funds on site if they don't want to.

Should be announcing soon


I expect my new site to start off slowly, but as mentioned I do have a gaming history here which should provide some trust. My goal is to become as large as JD. Right now the biggest Dice site is PrimeDice, but they won't offer an invest option.

Replied to PM

The issue was that he didn't know he had to choose a side, that it's not automatic like SatoshiDice/PrimeDice. 

I'll make that clearer.

Checking into it...

Then satoshicircle.com got your payment  

I sent out another payment to your posted address 17xYsaUPYXx546YKjaHrhGmZkc6WoFrDN5

https://blockchain.info/tx/dbe0dade9ca7cae20ff687bcb9b2fd32032083425e0dc8184666dda558b1eba4

It was my fault for not making the incoming wallet message more obvious. It's updated.  

I'm trying to figure out why you didn't receive payment. The system did send payment which can be seen here:

https://blockchain.info/tx/e520bb69a0b9df8e0cdae12278b93f971cd969480515ce544d755746a16edba9

Did you use a service like MtGox, which doesn't receive incoming transactions, to deposit coins? I'm trying to see what happened because otherwise anyone can copy info from the payout page and say they didn't get paid. 

How did you send payment? Which wallet did you use?

Actually, I think you're right that a deposit selection amount is better. It's added! 

I'll look into that. Right now I'm working on a partial cash out feature though.

Sent .1 BTC, thanks!

https://blockchain.info/tx/004cfeabba2744e447626a05dc6487fe0f0c686b70e881011f7b934e09b06fba

Now just waiting for i3lome and Yurkov lol 

I think everyone will like the next giveaway I'm planning, stay tuned... 

Thanks for the feedback. Here is the information:

Random number: 189629
Secret key: 847283271570400732624967
Message hash: b8369451b555547d99b0b70a85f45f451f8a153525a7dafc25e93eb10cd8d747158a38e64e92466 c64692cfd3773d4753c8cd8046c3f453afbfb5f0847bf980e
Final hash: 2fae392345fd1b13c9185061e8921ddb6cec5f0af0f034973ea42787692f5806065a25322538037 a43c98f2986579b8ddb672bc8884a05d2cff02434ea53263b

Your choice: right
Win/Loss: loss
Bet amount: 0.18

Yes, the "Page refresh" message can happen if your browser reloads the page, for example, if you click another action when the page has not finished loading on your end.

The system is set up to either record your guess successfully, and the outcome, or leave the same amount of coins. So if you get disconnected before the data travels both ways gameplay is not affected. If you make a choice and the server doesn't receive it, then nothing happens either way. If you make a choice and the server receives it, but you don't receive the answer your coins are still credited or debited as the case may be.

If you tell me the amount you played and address, for example, I can tell you if a choice was received and what it was.

EDIT: I'll probably have to change that to just display the last game outcome so it's not confusing.

Thanks for the encouragement! It was something I wanted to see. If things go well I PROMISE a redesign lol  

Thanks!

The giveaway is now closed but good luck!

Yes, when you win play again or cash out. The system pays cash outs automatically after 3 confirmations of your deposit.

Also, I'm working to implement some of the great suggestions like from dooglus, and to allow a partial cash out option. Stay tuned!

Okay everyone,

The site wallet issue has been fixed and the site is open! Thanks to everyone that helped test!

The giveaway is now closed, but I'll send .1 BTC to the last 3 posters hasher87, i3lome, Yurkov if they play.

Have fun!  

Thanks, that's helpful!

Hey everyone,

It looks like the site experienced a bunch of different people (or maybe the same one) creating new wallets but not depositing anything depleting the address pool. I'll have to fix that, but everything else seems to be working great!

Thanks to everyone for helping test. I'm going offline for now, but it has been a fun first day.

Thanks again!  

Post a wallet address to send to and I'll send it. There was 1 giveaway spot left