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1  Economy / Gambling / Re: SafeDice.com ★ Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: January 26, 2015, 04:57:42 AM
Hi guys,

Sorry I was busy recently, glad to see we've passed 2 million bets Cheesy
2  Economy / Gambling / Re: SafeDice.com ★ Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: January 16, 2015, 05:04:54 AM
player 880 keeps on winning 
Sad bad for me

Yes, the site's profit went down a lot Cry
3  Economy / Gambling / Re: SafeDice.com ★ Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: January 14, 2015, 08:28:59 AM

Technical question:

Does the 'Risk level' option only works when making new investment?
Say if I already have X amount invested at 1x kelly, would changing risk level from drop down list to '2x kelly' effectively change my current investment?
Or would I have to divest, enter the Custom Amount, pick kelly option and click 'invest'?

Hi pawel7777,

The kelly option should be applied to all your investment.

Best

Frank
4  Economy / Gambling / Re: SafeDice.com ★ Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: January 13, 2015, 03:44:11 PM
Just a friendly reminder, if there are 3 or more active people in the chat, SeuntjieBot will rain every 10 minutes on 1 random person!

Come guys, go to the chatroom and enjoy the rain Wink
5  Economy / Gambling / Re: SafeDice.com ★ Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: January 12, 2015, 05:09:11 PM
nice improvements, I hope this site makes me rich Smiley

so whats new? i cant see any improvement on the site? jk  Cheesy

if you are an investor there is Smiley

Yes, now we have multi kelly investment enabled. Investor can choose from the conservative 0.5x kelly to 10x kelly risk level.

Those are improvement for the players too, the max win has raised a bit since the implementation. Now any bet below 0.26 BTC will have < 1% H. E. Wink

And don't forget to play with the Seuntjie bot in the chatroom!
6  Economy / Gambling / Re: [SafeDICE.com] Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: January 11, 2015, 01:47:44 PM
So tried with 0.02 BTC and it did not end well


Is there any actually proof that the house edge is 0.5%?

Your losing streak has nothing to do with the house edge, That's all just bad luck. If you had bet high, you would have won those 7 bets in a row and probably not think about it again.

If you randomize so that the server seed is public, my bots will be able to verify the roll numbers for you.

You can use this: https://bitcointalk.org/index.php?topic=307425
Go to the "check rolls" tab, enter the server seed, client seed, starting nonce and number of rolls, and verify them. It should create a csv file that can be opened in excel or any similar program with the lucky numbers.

Alternatively, you can use the chat bot running on safedice. It's a bit slow in getting the server seed, but once it has it, you can simply use
!s verify <betid>
For example: !s verify 1780359
It will execute the same RNG algorithm as the site and return the roll as the site displays it and as it's own calculations determined it.



Another userful formula that wasn't mentioned above is
payout = (100-house edge)/chance to win
Thus 1.99 = (100-0.5)/50
and 1.6583 = (100-05)/60

Exactly! Thank you very much for the explanation seuntjie  Cheesy
7  Economy / Gambling / Re: [SafeDICE.com] Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: January 11, 2015, 07:37:35 AM
So tried with 0.02 BTC and it did not end well


Is there any actually proof that the house edge is 0.5%?

To understand the house edge, here's an example:

Suppose you're betting 1BTC against the house at a 50% chance, if you lose, you lose 1BTC, and if you win, the percentage taken by the house from your winning is the house edge, that is:

under a 0% edge, you'll get 2BTC;
Under a 0.5% edge, you'll get 2*(1-0.5%)=1.99BTC, safedice.com has this;
Under a 1% edge, you'll get 2*(1-1%)=1.98BTC, Just-Dice, Primedice and a lot of other sites have this.

 Wink
8  Economy / Games and rounds / Re: Reply a number between 1 and 10 for a 0.001 BTC tip on: January 11, 2015, 07:30:33 AM
All credited above! If you didn't receive a PM form me with a 0.001BTC link, it's because the number you replied was used by somebody else earlier than you.

Sorry guys I'm a little busy recently, stay tuned and there will be more giveaways!

Also, there's the seuntjie's rainbot in our chatbox, chatting there will get tipped too Cheesy
9  Economy / Securities / Re: 20 Bitcoins to Invest on: January 08, 2015, 10:00:04 AM
If you are intersted in investing in https://SafeDice.com , please contact us.

Launched for 2 months, we have a profit of 2.08BTC now Grin
10  Economy / Games and rounds / Re: Reply with your SafeDice username for a 0.001 BTC tip on: January 08, 2015, 09:49:30 AM
8

Thanks!

Sorry, only members and above are qualified Cheesy
11  Economy / Games and rounds / Re: Reply a number between 1 and 10 for a 0.001 BTC tip on: January 08, 2015, 09:48:46 AM
All tipped above and I'll go for a while. Please keep on replying so I'd tip when I'm back.
12  Economy / Games and rounds / Re: Reply with your SafeDice username for a 0.001 BTC tip on: January 08, 2015, 09:24:39 AM
All tipped except for justinetime and Spayse. Cannot find your usernames!

Next, please reply a number between 1 and 10 and I'll send you a link with 0.001BTC preloaded.

Only members or above.
13  Economy / Securities / Re: How do you invest your bitcoin? on: January 08, 2015, 09:12:14 AM
In our dice site Grin
14  Economy / Gambling / Re: [SafeDICE.com] Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: January 08, 2015, 08:34:18 AM
Guys, reply your SafeDice username for a 0.001BTC tip: https://bitcointalk.org/index.php?topic=917842.new#new

Please note: if you already received giveaway here, please don't apply again Wink
15  Economy / Games and rounds / Reply a number between 1 and 10 for a 0.001 BTC tip on: January 08, 2015, 08:33:14 AM
Only members or above are qualified, please don't apply again if you ever received giveaway here or in our main thread: https://bitcointalk.org/index.php?topic=868275.0

16  Economy / Gambling / Re: [SafeDICE.com] Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: January 07, 2015, 12:30:07 PM
Glad to see this site doing great, it seems more trustworthy than people imagined Grin

Thanks. We're working very hard to prove we are trustworthy Cool

even this site is just a few months old but i can tell now that i trust this site and i love it with 0.5% house edge the lowest house edge in the line  Wink

Thank you very much Aaron. We will keep on bringing cool features! Cool
17  Economy / Gambling / Re: [SafeDICE.com] Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: January 06, 2015, 12:57:18 PM
Glad to see this site doing great, it seems more trustworthy than people imagined Grin

Thanks. We're working very hard to prove we are trustworthy Cool
18  Economy / Gambling / Re: [SafeDICE.com] Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: January 06, 2015, 04:50:37 AM
"Link to player's stats is now available, you can click username on the bet log or chat log"

It is an awesome function so that we can use the site easier.  Shocked Good job boss.

0.5% house edge is great!

Indeed it is! I'd say 99.99% of the bets in our site are under a 0.5% house edge Cheesy

Thank you Smiley Expect more features to come within this week.

Wow, what's that? Cannot wait!  Cheesy
19  Economy / Gambling / Re: [SafeDICE.com] Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: January 05, 2015, 09:48:34 AM
"Link to player's stats is now available, you can click username on the bet log or chat log"

It is an awesome function so that we can use the site easier.  Shocked Good job boss.

0.5% house edge is great!

Indeed it is! I'd say 99.99% of the bets in our site are under a 0.5% house edge Cheesy
20  Economy / Gambling / Re: First Provably Fair for investors and players Bitcoin dice game on: January 05, 2015, 09:46:44 AM
How could that be so first? Wink
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