|
167
|
Economy / Gambling / Re: Dice-Bet.com 🎲 0.7% House Edge | BTC, LTC, ETH | Play or Invest 🎲
|
on: September 25, 2018, 03:51:25 PM
|
For everything you said, this is incredibly a very good game, especially for your leverage system, I do not really know how it works to have 50x as the max but are you sure you are going to out it as 50x? This is very risky thing to have this for both investors and your site too. Some big whale coming and earn profit your site then you will lose more although you make a big investment there
The leverage can be anything from 0.25x, 0.5x, 1x, 2x, 3x, 5x, 10x, 25x, & 50x. We really wanted the users to control the risk/reward they wanted in terms of investment leverage not the site. It all works in real time, meaning the sites max win per bet automatically changes after every bet and every investment added or withdrawn. So there are always enough funds in the bankroll to cover the profit from any players bet. Even if hypothetically every investment in the bankroll was set to 50x leverage, then the total max win from each bet would be 50% of the bankroll. So if the bankroll was 100btc in total and all at 50x leverage, the max win would be 50btc. If in this scenario a big whale came along and won 50btc from a bet, the bankroll would immediately drop from 100btc to 50btc and the max win for the next bet would automatically change to 25btc. Conversely if the big whale lost the 50btc, then the bankroll would increase from 100btc to 150btc and the max win for the next bet would automatically change to 75btc. If this has been automatically set then I am sure, some investors might even stay with couple of hours seeing how his investment going on. It is a risky investment you set up there but as long as there is no problem with the system and the calculation then it is really good then Btw is there any divest fee after we have some profit from the investment? Or any minimum divest? There is no divest fee (in the way I think you are meaning), and no minimum time for the investment yet. This may change if people are moving in and out a lot and it gets hard to deal with a hot wallet because of it. There is a 25% commission on all profits that come out weekly or on divesting. As a reference I tried out the 50x leverage yesterday on top of my normal 3x leverage investment for LTC. Obviously the % returns can be massively positive or negative in a short space. See below:  |
|
|
|
|
175
|
Other / Archival / Re: Investing in Gambling Sites
|
on: September 24, 2018, 03:19:57 PM
|
I would still suggest just investing with a low leverage even with a low amount, because you can test and check different options and see how much you will swing etc, etc. There's a lot of reason on putting money in a low leverage, mostly because you want to play it safe and don't want to bust unlike other investors investing in the highest leverage they can. Some sites even advertise 50x leverage ( while not a great idea for the big investor ) is a great idea for the small investors who is investing like 0.001 btc like me before I started this thread. I was asking for help in this thread because some sites may go rogue and steal your bitcoins, so I just wanted some warnings on the way. It's not all about making insane profits quick, but steady income over time  I'm with you on this. Personally, I have my investment on 1 site at max leverage, but those are very small amounts compared to what I'm prepared to invest in long-term dividends on my main site. Of course, on paper, historical performance for past 1 year looks good, almost >15% for me over 1 year, but that's at full x10 leverage, so essentially, it showed that the site only made me 1.5%. It's still great returns but less than 4% if I just keep it at Freebitco.in. Both sites I equally trust (which is not even 100% trust). Curious which site is offering 50x? I'd love to put in 0.001  We have 50x ---> https://dice-bet.com/And a few more investors have jumped on and are using 50x at the moment (on LTC & ETH) |
|
|
|
|
176
|
Economy / Gambling discussion / Re: Bitcoin Casino Question
|
on: September 24, 2018, 02:34:16 PM
|
Wow, that is so much amount of money you use to start the gambling site, and I think the question about how much bitcoin we need to build the site was answered. So for people who want to start the gambling site, make sure you need at least 10-40 bitcoin, and you need to promote the sites to the public so they can visit in your site and try to play the games. Thank you for telling us about the amount of bitcoin you use to start the gambling site. Well our site is publicly open to bankroll investors so I hope they increase that amount! But we needed to have a bankroll big enough for people to come and play it straight away. Otherwise it is the chicken and the egg problem - what comes first... Of course we made the bankroll public and signed it as proof too. BTC wallet signed:message: dice-bet wallet address: 33ydeDprSZJ7Z51EvNrYoRHEo3yD9nSaqJ signature: JBk6aW8DNOskomQmWALY8/mgEQcPyEYwdQ+bCdPkqIcscAFsOtrxh3vitWuGwEqLcfi/p4W0G2f4xQUtXFXfPv4= LTC wallet signed:message: dice-bet wallet address: MK7wPXC5J8RmFDyepvGDqjLiZpDiBjc2Kp signature: IxZVflvnmXEjCRzqR5vOwz39w1VcDJX4AXO+DBlTMlfQOqQ21MQ/dEH2mvSZt+X14pa/krSLNPS8s8+iqFUZ2a0= ETH wallet signed:message: dice-bet wallet address: 0xef3a173f0142bf318e6de2696a18fbd5183f1489 signature: 0x202c056cb53da4f252b038154ac2ec218e5d2b4fd255b2f522660fd5ab82c9be5909ca26ac3e6 70a86b2685ad15c34525496d68684a3f882deb6c3266f9ef50e1b So maybe you could start smaller if you get investors on early! |
|
|
|
|
178
|
Economy / Gambling / Re: Dice-Bet.com 🎲 0.7% House Edge | BTC, LTC, ETH | Play or Invest 🎲
|
on: September 24, 2018, 02:29:22 PM
|
some more cosmetic features :
no deposit pending notification, only when it is confirmed
no info about min deposit figures in FAQ or deposit tab, if the site accepts any min deposits-mention it
investment tab should be more informative,maybe its own FAQ or popup info
to return to playing dice you have to click on the site's logo, a separate link with Play dice or similar is a must
Thanks for the feedback - a few people have brought those items up (great minds think alike!). Will be added in an upcoming update. Sent you a tip on site for bringing this up |
|
|
|
|
Show Posts
