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1621  Economy / Gambling / Re: After 1 year of diversified bitcoin dice house bank investment we lost 32.46% on: October 18, 2015, 03:12:56 AM
imo, having the same investment across all sites isn't a good idea.

Do the math and find the best investments (ROI). Consider how secure the investment is. Allocate a portion of the portfolio considering both of them (additionally consider the growth rate too). Review and make changes to the portfolio kind of every 2 weeks or so.

I have invested in 3 sites, all doing pretty good. Around 0.2% daily ROI estimate. Lost some because of CLAM price crashing, but still holding on for a couple of months.

This is for example, how I plan to make my portfolio.
Site %
secret dice site  45%
BitDice.me        30%
Other major sites (MP, JD (high risk), etc.) 10%, 10% and 5%.
1622  Economy / Gambling / Re: Primedice.com | Most Popular & Trusted Bitcoin Game | Huge Community | Free BTC on: October 18, 2015, 03:04:46 AM
3 confirms and my deposit doesn't credit. Awesome. -_-

ETA in 30 mins. Check 2 posts up.

Deposits & withdrawal speeds should be back to normal in about 30 minutes. Sorry about any delays caused guys. Thanks for your patience!
1623  Economy / Gambling / Re: Primedice.com | Most Popular & Trusted Bitcoin Game | Huge Community | Free BTC on: October 18, 2015, 02:57:32 AM
Hey everybody.

So here we are.. I'm kleineaap and fibo.

Long long shit ass story about how I turned the faucet into real money, then lost it, then got it back, then got more into it, etc, etc.

My swings of losing and winning were so large that at some point I was -30 on two different accounts. I was broke. Waited a long time so I could buy in again and challenge my losses.

-30, -12, + 5, +17, -22, etc.

One night, facing the inevitability of my personal life, I put down 3 BTC that I turned into 20. Cashed out and put ten more. Lose, win, cashout, deposit. When I looked at my wallet again I had 60 BTC.

I decided to deposit 10 more for fun, which I lost.

Then I went all in. 50 BTC. Hardly got any greens, it was over in under 5 mins.

I lost 10k in my currency trying to gamble my future. The future I don't have anymore. A few months left to live. I will spend that time finding the best family to my little daughter.

I do have her covered. I'm not a jerk completely. I wanted to give her a plus, a push, a jump, so I risked around 2000 euros to make it happen.

It didnt work. My life in this forum is done as well.

Thanks for the company and support and the good wishes. I am fibo. I probably tipped and rained many of you. When I'm gone, make sure you tip yourself along the way.

Be good.

It is completely expected. Once you are up and have 50BTC, you go all-in? Where is the sense in that?

Every time I deposit something to a dice site, I already consider it lost. I expect nothing back. Only then do you truly understand whether you can really afford to risk it or not. (I learned the hard way too, but my RL life is barely affected coz I keep it independent. except may be I am spending too much time here).

You don't gamble your future either. That is not sensible.
Suppose you had won that 50 streak, I think you will play again. Once you are ahead, you quit, or you are going to lose all the profit and your bankroll to the house.

Every single bet is independent means for every single roll the house as 1% more chance to win your bet. If you see that, you will understand there is completely no logic in doing all-in.

Worst possible strategy:
1. Go all in.
2. Win? Wait a month and go to 1.
3. Lose? Try to recover it back.

Probability of losing your balance to the house = 100%. No less.



tl;dr. Play for fun. Not for hitting it big. If you want to hit big, do a single 9900x, consider yourself unlucky and quit. Grin

If you bet for fun (the top part of the story) and lost it, you aren't gambling with your future exactly, and don't complain. Wink
1624  Economy / Gambling / Re: Challenge: What's the best way to win 1 BTC with 1 BTC? on: October 17, 2015, 04:31:17 PM
Initial bet : 0.0001BTC
On lose multiply by : 1.0001010101x

Playing at 9900x

If you win your first bet you stop with a profit of 9899 * 0.0001 = 0.9899 BTC

The goal is to make a profit of 1 BTC.

I think you need to play with a higher multiplier or something.

hehehe yeah. Cheesy
1625  Economy / Gambling / Re: Challenge: What's the best way to win 1 BTC with 1 BTC? on: October 17, 2015, 03:40:19 PM
Initial bet : 0.0001BTC
On lose multiply by : 1.0001010101x

Playing at 9900x

With a bankroll of 1BTC, the player can afford 6912 rolls.

Chance to win is 49.90770579% on 1% edge. ? Cheesy


or is it 49.5567818%?
1626  Economy / Scam Accusations / Re: BidyBit / BidyFlip Scam on: October 17, 2015, 02:32:52 PM
today's my birthday

Happy birthday! Cheesy





On the other side, (quote from PD mod on deposit delays on PD)

Yeah bitcoin network is again under some attacks. Deposits/withdrawals can be a bit delayed.

Don't worry though, all deposits/withdrawals are safe and they will be credited.


1627  Economy / Games and rounds / Re: BetterBets.io presents - The game Changing, Wager WARZ II Competition ! on: October 17, 2015, 02:00:54 PM

... Conflicts can easily arise, for instance I have made those two bets assuming the time zone to be UTC. It is especially relevant to the daily one coz a couple of hours can completely change the winners.

You made 4 bets on 16/10/2015, for the wagerwarz day 17th. None of your bets were place after closed the day (16th 23.59ET), although you are assuming the time zone would be UTC.

»»here««

»»here««

»»here««

»»here««


7. All bets are FINAL and no refunds unless the contest is cancelled.

3.  Betterbets.io reserve the rights to cancel, end or change the details of this promotions without any further notice.


Cheers!! ●‿●


I meant the conflict on how the winner is selected, not the deadline on making bets which is relatively much less significant.

Conflicts arise when it works like this. It is relevant to daily warz (not much for weekly one).

In a case when the winners would be different in either cases, say Betterbets would have higher wagered amount when UTC time is taken while PRC has higher when ET time is taken, the players who bet on Betterbets can raise a claim for paying them out.


Fine, I understand. But keep the terms reasonable. You can't just switch to different time zones without announcing it. It would have been okay if you were just sticking to the weekly warz, but it is very significant when it comes to daily ones. 5 extra hours and 5 less hours, offsets results by 10 hours.
I was checking the today leaderboard of PRC which is most certainly UTC/GMT.

Moreover, if you don't mention it, it would be reasonably assumed you are following UTC/GMT which is the standard. Eastern time isn't.



Resolved. thanks Smiley
1628  Economy / Games and rounds / Re: BetterBets.io presents - The game Changing, Wager WARZ II Competition ! on: October 17, 2015, 01:18:59 PM
Well, there was a misunderstanding. I know all bets are final. If you could, I request a refund on all 4 bets placed.

IIRC, a bet on Rollin, a bet on PRC, a bet >250 and a bet <450.



Edit: ndnhc's daily wars forecast. Grin
Winner on current observations : PRC (highroller active there atm)
Above 250.


At least two of my bets will win. But still I prefer a refund.


Resolved.
1629  Economy / Games and rounds / Re: BetterBets.io presents - The game Changing, Wager WARZ II Competition ! on: October 17, 2015, 12:36:23 PM

EST Huh It should be UTC. I think you are wrong there.

dicesites.com is following the Eastern Time Zone because he collects the entire data based on that timezone. Would be quite a bit difficult to maintain and collect two sets of data.

Wager warz should be running on UTC/GMT time zone or is already.


4. We will accept bet until 21th of October 23.59.59 GMT+0, in which odds would be lower for the winning site as the time goes;


Hi. The wagerwarz will be running accordingly to dicesites The timezone in the main rules, already chance to prevent more confusions.

Cheers!! ●‿●

hmm, when you make the changes, you should announce the changes. Or how do the players know?

AFAIK, the competition was suddenly shifted from UTC/GMT to ET after Nico posted that the site was running on ET time.

Considering that there is no mention of which time zone is being accepted either in OP or in subsequent posts, confusions can arise esp. in the case of daily warz. For instance right now the winners would change depending on which time zone you pick.

It is okay when you are running a giveaway like skipping to mention what source the bitcoin price will be taken from etc. but in this case when you are accepting bet from players and they are risking the money, they should be aware what exactly they are betting at. Conflicts can easily arise, for instance I have made those two bets assuming the time zone to be UTC. It is especially relevant to the daily one coz a couple of hours can completely change the winners.
1630  Economy / Games and rounds / Re: BetterBets.io presents - The game Changing, Wager WARZ II Competition ! on: October 17, 2015, 12:19:26 PM
Competition is going on as per UTC time, right? So for daily competition ones http://dicesites.com/wager-warz (which uses Eastern Time) is only partly reliable, am I right?
I was talking to Nico in our chat and he said his site currently is in EST time zone. I dont think he has changed it yet

Yeah of course. Nico already had said so and it is mentioned in the site too. So I assume competition is based on UTC time, yes?

At the moment the wagered amount for (today/17th) Betterbets is just 2BTC (Edit: now 3) and PRC 1BTC or am I missing something Huh

Edit: PRC as per data from the site is ~6BTC
all of the side betting action and wager warz is on EST. NLNicos site is EST. It also doesn't auto update. Refresh every 20 mins to see real numbers.

EST Huh It should be UTC. you guys changed it in the middle!  Shocked

dicesites.com is following the Eastern Time Zone because he collects the entire data based on that timezone. Would be quite a bit difficult to maintain and collect two sets of data.

Wager warz should be running on UTC/GMT time zone or is already was.



4. We will accept bet until 21th of October 23.59.59 GMT+0, in which odds would be lower for the winning site as the time goes;

Wagered amounts started counting Wink http://dicesites.com/wager-warz

Remember my site uses time between 1 Oct 00:00 ET and 14 Oct 23:59 ET. In your local timezone this is:

Between [time]Thu Oct  1 04:00:00 2015[/time] and October 15, 2015, 03:59:59 AM (based on your forum settings.)
1631  Economy / Scam Accusations / Re: BidyBit / BidyFlip Scam on: October 17, 2015, 12:01:27 PM
Well, here is what I have observed (no guarantees regarding the accuracy tho):

1. Deposit transactions are mostly credited manually and not automatic. At least all my deposits were credited manually but the OP of that thread blames it on blockchain.info API for every single delay.
I think your deposit would be credited if you ask him about it.

2. All withdrawals seem to be coming from funds deposited by players. This is a very concerning. The only thing sustaining the game is the fee for instant withdrawal. If the hot wallet balance is not adequate to cover the withdrawal which is usually instant it shows up "Server Error" and you can do nothing than wait.


OP inactive since 17th May.


Edit:
This seems to be your hot wallet. https://blockchain.info/address/1MnVvgmoocr7SQNEFEdShRXVsxeVTYi7AZ

All deposits go there. All withdrawals come from there.

As soon as deposits < withdrawals (i.e. the address does not have funds to cover your withdrawals), you get server error.



That is precisely how ponzi works. Please top up the address with at least 1 BTC.


In other words, players get withdrawals only when 10% of withdrawals > the amount given away by the site towards to pot.



If you read ndnhc posts you can see deposits are not always credited and there are some problems with it at this moment. I would rather wait and see what is going on there for now.


Thank you for the good words.
Deposits and Payments are processed instantly and automatically by our system.
At some point Blockchain.info (Bitcoin API) can work slower, that's what was experienced yesterday,and we can't do anything at that point, only wait. all the transactions are still processed instantly when they're system starts to work correctly. Usually it's not longer than hour that they experience server lags.

No. Currently withdrawals are funded by other deposits.


Edit2: If you had paid attention to the thread, have you seen anyone who got deposit credited instantly? (unless may be OP of the thread was online then) Anyway there have been a lot of complaints.



My deposit has not credited either even after 20+ confirmations as of the writing. Please fix it.

-snip-


sorry,,why my deposit not credited?

its been 4 confirmation and on the site ,it said that only need 3 confirmation for deposit to be credited..right?

and many more.

1632  Economy / Games and rounds / Re: BetterBets.io presents - The game Changing, Wager WARZ II Competition ! on: October 17, 2015, 11:39:44 AM
Competition is going on as per UTC time, right? So for daily competition ones http://dicesites.com/wager-warz (which uses Eastern Time) is only partly reliable, am I right?
I was talking to Nico in our chat and he said his site currently is in EST time zone. I dont think he has changed it yet

Yeah of course. Nico already had said so and it is mentioned in the site too. So I assume competition is based on UTC time, yes?

At the moment the wagered amount for (today/17th) Betterbets is just 2BTC (Edit: now 3) and PRC 1BTC or am I missing something Huh

Edit: PRC as per data from the site is ~6BTC
1633  Economy / Games and rounds / Re: BetterBets.io presents - The game Changing, Wager WARZ II Competition ! on: October 17, 2015, 08:49:48 AM
Competition is going on as per UTC time, right? So for daily competition ones http://dicesites.com/wager-warz (which uses Eastern Time) is only partly reliable, am I right?
1634  Economy / Gambling discussion / Re: Gambling on: October 17, 2015, 05:49:29 AM
By the way, I don't understand much about dice, but what do you think about directbet dice? Since you can make parlays with it. Does it make it more profitable?

Nope, it still have a negative 1% EV (parlay or no parlay the odds are the same). Profitable to the owners as expected in the long run. Grin
1635  Economy / Games and rounds / Re: Giving away $100! on: October 17, 2015, 04:07:57 AM
Get an escrow to hold the $100 AND to select a random number. Smiley

And by the way, lottery is not a giveaway. Change the title for one.
1636  Economy / Gambling / Re: ★ Ralobot.com | World's First Blockchain Game | Pure fairness! | Big rewards ★ on: October 16, 2015, 04:26:15 PM
If a player becomes a boss would the bet amount be refunded?
1637  Economy / Games and rounds / Re: BetterBets.io presents - The game Changing, Wager WARZ II Competition ! on: October 16, 2015, 03:15:43 PM
I made a 0.04 bet on Betterbets before the odds changed. Now can I bet on PocketRocketCasino with a 0.025 bet?
1638  Economy / Gambling / Re: ★No.1 BITCOIN BINARY OPTIONS ★HIGHEST REWARD 190%★1% DOUBLE DICE★EXPIRY:1~720MIN on: October 15, 2015, 05:19:39 PM
But here's another one of my bet was rejected. I dont know. I lose my money? Huh

http://secondstrade.com/tx.jsp?tx=9554ba9f072d81c995f4160cb666b55f83573d338935730d25bac48e356fa651

No, you don't understand.

Original transaction: https://blockchain.info/tx/9a64354882dbbb77e5233ffe52cc67dac77643ff0685aa1bda917d97dfd3bb60 (compare it with that tx. everything is the same.)
http://secondstrade.com/tx.jsp?tx=9a64354882dbbb77e5233ffe52cc67dac77643ff0685aa1bda917d97dfd3bb60
Win payout : https://blockchain.info/tx/41108bd5522f7acde523ba686c3a1d78183c89c0e9207c6a8acca99f394f4bb3


The other one is a duplicate (fake) transaction created due to malleability attack. Whatever happens to that one is to be ignored because it was rejected by the node.
1639  Economy / Gambling / Re: Primedice.com | Most Popular & Trusted Bitcoin Game | Huge Community | Free BTC on: October 15, 2015, 04:48:01 PM
Just noticed that deposits require 2 confirmations before being credited.

In the past the money was credited as soon the transaction was broadcasted(in few seconds), but withdraws were only allowed after one confirmation.


Why the change?

IIRC at least from early 2015 deposits required 1 confirmation. If the money is credited as soon as the deposit tx is broadcasted, it would make it vulnerable to one or more kinds of blockchain attack - to confirm the deposit if he makes a profit or to leave it unconfirmed if he loses it or in case of a duplicate transaction from malleability attack it would be kind of a free 100% bonus which would give player more advantage.
Only allowing confirmed deposits is an easier and more secure way.
1640  Economy / Gambling / Re: ★No.1 BITCOIN BINARY OPTIONS ★HIGHEST REWARD 190%★1% DOUBLE DICE★EXPIRY:1~720MIN on: October 15, 2015, 04:40:01 PM
Hi all! I have a problem. I made a few bets on 1 BTC and one transaction was not confirmed. I noticed that the transaction ID that shows my purse is different from that which is shown on the site secondstrade.com. That is the coin I posted it and your website has not received? My wallet shows that all transactions is confirmed.

Link to the problems of the transaction on the site: http://secondstrade.com/tx.jsp?tx=7d71ada2f03b4a3c03d8260da6defcc5d0efe650292def7f86792729fb7760ea

This transaction IDs that shows my purse:

533184b4c94736bc2f2a5a7bb22def0daf413a2f5092f4ec5b91d29c449c61b4
9a64354882dbbb77e5233ffe52cc67dac77643ff0685aa1bda917d97dfd3bb60
7830796e783b708815a74b85cf19735e446032d295743948f71c83baf562e223
2e90be1a99b88638710668563997e1390c39c263ca0847bbcb8776854869bb0c

What should I do? Huh

Nothing. Due to malleability attack sometimes there will be a duplicate transaction. The confirming one is the valid one and the other rejected one is to be ignored.


http://secondstrade.com/tx.jsp?tx=533184b4c94736bc2f2a5a7bb22def0daf413a2f5092f4ec5b91d29c449c61b4 WIN
http://secondstrade.com/tx.jsp?tx=9a64354882dbbb77e5233ffe52cc67dac77643ff0685aa1bda917d97dfd3bb60 WIN
http://secondstrade.com/tx.jsp?tx=7830796e783b708815a74b85cf19735e446032d295743948f71c83baf562e223 LOSE
http://secondstrade.com/tx.jsp?tx=2e90be1a99b88638710668563997e1390c39c263ca0847bbcb8776854869bb0c DRAW
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