Pocket Rockets: The term "pocket rockets" refers to being dealt two Aces in Hold'em.  |
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Hi. You can read more details in this thread here https://bitcointalk.org/index.php?topic=1043483I just put it in the title of this for a little more exposure to see what the interest would be. The key points to take away is I'm not looking for a rushed sale, all investors would be cashed out before handover and buyer must provide full bankroll. If the right buyer is not found I just keep working on PRC as I am now  I believe we have exchanged numerous emails about the sale, im still willing to make an offer if you let me run it as it is (public bankroll investment option) If you mean will keep all the existing investment then you will ot be allow to do so because there is a chance that it might turn into a scamming but if you mean you want it to run as public crowdfund then I dont think why it should not. After Dean sell it, he will not be associated with the website anymore so even if something happen, he will not be blame Obviously i would let Dean cash everyone out and then i would just run the website as crowdfunded same as he did, but letting everyone know that Dean is out. Thats what I think as well. I dont know why dean insist the buyer need to fund it himself. If Dean afraid that the site will turn into scam and people will blame him, he can easily put a warning sign at the investment page that he is no longer the owner of PRC later The site has made 3000 Bitcoin in less than a year. That is what values the business. So a buyer would need to fund the bankroll themselves to make 100% profit to make up for the asking price. I think the decision to use own bankroll or crownfund it will be the new owner decision, why does it matter to you Dean?. It is hard to fund a bankroll by yourself and even like I said if someone pay you a good amount but you are afraid that the new owner will screw the investor if the site is scam in the future then you can give a note that you no longer own this It certainly would be the new owners decision to do so, however for the price I would sell for they would take far longer to make a return on investment if they opened it to crowdfunded investment. I am not looking for a buyer who needs to have help to fund their own bankroll. Also regarding the high max bet. The largest win on the site was 200 Bitcoin. The max payout is currently 428. A buyer does not need anywhere near a 5000 Bitcoin bankroll. Not even half of that would be plenty. I won't set a price as I'm only looking for offers from serious buyers who know how to value a business. I turned down offers less than 2000 Bitcoin already. As mentioned this is not a rushed or needed sale. Thanks It's not about "not being able to fund the bankroll" It's just that i believe that would be the best way to keep the site and thats how i would like to run it, I do also believe that the reason you dont want it to stay crowdfunded is because you want the investors to come along side you to your new business venture, which is also understandable, but not something i would be looking for. If you ever change your mind about selling it as it is be sure to notify me, i have a very fair offer waiting to give you. I am not looking to start any new crowdfunded venture or take any exisitng investors with me. But if you see the reply above, I have already turned down offers less than 2000 Bitcoin. If your offer is above that and you feel you can still make the return on investment with crowdfunding then feel free to make the offer. Again the main point here is the business has made over 3000 Bitcoin in less than 1 year. That's what a buyer should be looking at, not how to share this with hundreds of small crowdfunded investors. Thanks |
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Can you add an expected price to the thread ?
It says the profit was 2980 bitcoins but that was specially because the site had a max payout big enough due to the investors . I am not sure on how to use that information to estimate the right price for the site.
A buyer would need to fund the bankroll themselves to provide a max payout on what they feel is needed. The profit currently is not actually related to the size of the investment at the moment as the max win was 200, less than half the current max payout. The maximum bet however has been 1300 Bitcoin. Yes I am aware of all that information . My question was what is the expected price you guys are looking at so people could know the right amount to offer to you for buying the site. Hi, I won't set a price as I'm only looking for offers from serious buyers who know how to value a business. I turned down offers less than 2000 Bitcoin already. As mentioned this is not a rushed or needed sale. Thanks for the interest. Let me know if there's any other questions you need answered. |
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Hi. You can read more details in this thread here https://bitcointalk.org/index.php?topic=1043483I just put it in the title of this for a little more exposure to see what the interest would be. The key points to take away is I'm not looking for a rushed sale, all investors would be cashed out before handover and buyer must provide full bankroll. If the right buyer is not found I just keep working on PRC as I am now I believe we have exchanged numerous emails about the sale, im still willing to make an offer if you let me run it as it is (public bankroll investment option) If you mean will keep all the existing investment then you will ot be allow to do so because there is a chance that it might turn into a scamming but if you mean you want it to run as public crowdfund then I dont think why it should not. After Dean sell it, he will not be associated with the website anymore so even if something happen, he will not be blame Obviously i would let Dean cash everyone out and then i would just run the website as crowdfunded same as he did, but letting everyone know that Dean is out. Thats what I think as well. I dont know why dean insist the buyer need to fund it himself. If Dean afraid that the site will turn into scam and people will blame him, he can easily put a warning sign at the investment page that he is no longer the owner of PRC later The site has made 3000 Bitcoin in less than a year. That is what values the business. So a buyer would need to fund the bankroll themselves to make 100% profit to make up for the asking price. I think the decision to use own bankroll or crownfund it will be the new owner decision, why does it matter to you Dean?. It is hard to fund a bankroll by yourself and even like I said if someone pay you a good amount but you are afraid that the new owner will screw the investor if the site is scam in the future then you can give a note that you no longer own this It certainly would be the new owners decision to do so, however for the price I would sell for they would take far longer to make a return on investment if they opened it to crowdfunded investment. I am not looking for a buyer who needs to have help to fund their own bankroll. Also regarding the high max bet. The largest win on the site was 200 Bitcoin. The max payout is currently 428. A buyer does not need anywhere near a 5000 Bitcoin bankroll. Not even half of that would be plenty. I won't set a price as I'm only looking for offers from serious buyers who know how to value a business. I turned down offers less than 2000 Bitcoin already. As mentioned this is not a rushed or needed sale. Thanks |
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sorry but I'm worry you will not be sucessfull selling site up to 300BTC ...
I've had offers a lot bigger than that that I turned down before. As for future plans I just partnered with Softswiss to add a lot of new casino games very shortly and I still have a lot of plans for the site if not sold.
Any update on the new games? I enjoyed roulette. Was there a problem with it that caused to you take it down or just low action? Good luck on selling the site, I hope you find a good buyer who will support it as much as you have! Thanks! Thanks! There was an issue that the particular package they were providing me did not have a true provably fair verifier for players and so I refused to have games on PRC that were not provably fair. However, SoftSwiss then updated their software so that they were provably fair and so I'm trying to test, verify and get these live asap now. I was hoping end of this month but it looks like that will probably be delayed unfortunately. Will post updates here. |
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Can you add an expected price to the thread ?
It says the profit was 2980 bitcoins but that was specially because the site had a max payout big enough due to the investors . I am not sure on how to use that information to estimate the right price for the site.
A buyer would need to fund the bankroll themselves to provide a max payout on what they feel is needed. The profit currently is not actually related to the size of the investment at the moment as the max win was 200, less than half the current max payout. The maximum bet however has been 1300 Bitcoin. |
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Hi. You can read more details in this thread here https://bitcointalk.org/index.php?topic=1043483I just put it in the title of this for a little more exposure to see what the interest would be. The key points to take away is I'm not looking for a rushed sale, all investors would be cashed out before handover and buyer must provide full bankroll. If the right buyer is not found I just keep working on PRC as I am now I believe we have exchanged numerous emails about the sale, im still willing to make an offer if you let me run it as it is (public bankroll investment option) If you mean will keep all the existing investment then you will ot be allow to do so because there is a chance that it might turn into a scamming but if you mean you want it to run as public crowdfund then I dont think why it should not. After Dean sell it, he will not be associated with the website anymore so even if something happen, he will not be blame Obviously i would let Dean cash everyone out and then i would just run the website as crowdfunded same as he did, but letting everyone know that Dean is out. Thats what I think as well. I dont know why dean insist the buyer need to fund it himself. If Dean afraid that the site will turn into scam and people will blame him, he can easily put a warning sign at the investment page that he is no longer the owner of PRC later The site has made 3000 Bitcoin in less than a year. That is what values the business. So a buyer would need to fund the bankroll themselves to make 100% profit to make up for the asking price. |
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How come now it's for sale? Darn, I always wanted to own something, but I bet the amount is too high Hi. You can read more details in this thread here https://bitcointalk.org/index.php?topic=1043483I just put it in the title of this for a little more exposure to see what the interest would be. The key points to take away is I'm not looking for a rushed sale, all investors would be cashed out before handover and buyer must provide full bankroll. If the right buyer is not found I just keep working on PRC as I am now |
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Max win on a single roll is now 423 Bitcoin!
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Bump with updated profit stats in original post.
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Made a few speed improvements over the past few days.
Also chat and private messages are persistent and do not clear on server restarts.
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Hi. Just be careful not every casino is provable fair.
Not provable dices: 999dice pocketrocketscasino and couple other.
Provable dice: Just-Dice(clams) primedice.com
Remember every bitcoin casino have huge house edge. You must have big bankroll to win something.
You just lied about Pocket Rockets Casino, but then you do have negative trust. PRC is provably fair and actually uses the exact same algorithm as Just Dice. It would not be featured as one of the top dice sites on dicesites.com if it wasn't provably fair which actually has a verifier for PRC where you can prove your rolls are fair http://dicesites.com/pocketrocketscasino/verifierObvious Prime Dice shill/troll Wow this is really professional support. Congrat's. I have negative trust with other reason. For me PRC is not provable site. Then you don't understand what provably fair means then. That's ok a lot of people get confused. But it's the exact same method as Just Dice. I believe even Prime Dice uses the same method now. You can read about provably fair here http://dicesites.com/provably-fair or see the explanation I posted in another thread. Provably fair means you can prove that a casino did not alter the result of a bet to deliberately make you lose. It was originally developed by Bitzino IIRC and the industry standard provably fair system used on dice sites (like PRC) was invented by dooglus of Just-Dice. Any dice site not using this system, there are quite a few, should not be trusted at all. This system means it is impossible for site operators to alter your bet to make you lose without the chance of them being caught. Note that this can still happen, look at the old dicebitco.in scam, but this system allowed them to be caught. There are a lot of people who misunderstand this. Provably fair does not mean that you will win or not lose money. It does not mean an operator cannot cheat investors if they allow an invest option. It does not mean that you will definitely be paid your winnings either. Those are all separate trust issues that you should take into account based on the community, reviews and by observing the sites you wish to play at. As for FIAT sites using a probably fair system? It doesn't look likely any time soon. I went to the iGaming conference and met with large operators and game providers and from what I seen there they probably wouldn't want this. Also it seems 99% (probably more) of players don't care about it, even in our Bitcoin gambling community it seems most don't care and even the ones that do do not understand what it means, how it works or how to verify it. I would recommend reading this tutorial/help page on what provably fair is and how it works by NlNico http://dicesites.com/provably-fairBut again it's still a bit technical. |
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Hi. Just be careful not every casino is provable fair.
Not provable dices: 999dice pocketrocketscasino and couple other.
Provable dice: Just-Dice(clams) primedice.com
Remember every bitcoin casino have huge house edge. You must have big bankroll to win something.
You just lied about Pocket Rockets Casino, but then you do have negative trust. PRC is provably fair and actually uses the exact same algorithm as Just Dice. It would not be featured as one of the top dice sites on dicesites.com if it wasn't provably fair which actually has a verifier for PRC where you can prove your rolls are fair http://dicesites.com/pocketrocketscasino/verifierObvious Prime Dice shill/troll |
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Reached a new record, total investment is now over 4000 Bitcoin! Max profit on a single bet is now 327 Bitcoin Big thanks to everyone making https://pocketrocketscasino.eu the most trusted and best Bitcoin dice site. The size of PRC bankroll is unbelievable more than 1.000.000$ and max. win near 100k$ higher limits than in vegas Its also very risky, someone with 500-1000btc could easily clean prc's bankroll, but i guess investors like the risk. Due the fact that investors only risk a percentage of their investment per bet there is no real chance of anyone cleaning out the bankroll. The max bet changes every bet based on how much is invested. There was just recently a player who had > 1000 Bitcoin bankroll who won a huge amount (around 1000 Bitcoin) but investors were never at risk of being totally wiped out. |
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WHEN WILL THE JACKPOT GO???
Current Jackpot stands at 1.39778348 BTC
Will you be the next winner - or will dooglus win it???
Roll a winning 0 with bet ID and Timestamps as primes and you could be next!!
Good luck and Keep Rollin!!
I am fairly certain that dooglus is not playing at your site. To imply that it would be possible that he could win the jackpot is very misleading Well who knows QS, we don't request ID's from our players. Thanks for the bump anyway, very much appreciated  I t is fairly clear that dooglus has no intention of playing on your scam site. You have publicly asked him to invest and he made it clear that he will not give you his money. If he was playing on your scam site then you would know it because he would be the only one who is not playing with faucet funds. Why not? We are surely the #1 site by features. We are also the #1 site by growth. Show us any other dice site that had 400+ million rolls in 4 month EDIT: By the way who are you? You are not even a year a member here, at least not with this account (I don't refer to the multiple scam accusations against you....oh sorry I did now....) You are not number 1 in features, you copied everything from all other sites and there isn't anything new on your site except problems like not showing players that they can actually be paid if they win, admitting that you will not pay if they win too much and exposing investors to greater risk than they were made aware of. As for number of rolls, you are kidding right? That's how you determine growth? The only stat that matters in determining a successful gambling site is amount wagered. You can check the leading dice sites here http://dicesites.com/The expected profit on your 400 million satoshi bets is less than you pay out in faucet. That's your measure of success? |
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Reached a new record, total investment is now over 4000 Bitcoin! Max profit on a single bet is now 327 Bitcoin Big thanks to everyone making https://pocketrocketscasino.eu the most trusted and best Bitcoin dice site. |
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For offline storage of player and investor funds I use Armory.
I've used this for 2 years.
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Provably fair means you can prove that a casino did not alter the result of a bet to deliberately make you lose. It was originally developed by Bitzino IIRC and the industry standard provably fair system used on dice sites (like PRC) was invented by dooglus of Just-Dice. Any dice site not using this system, there are quite a few, should not be trusted at all. This system means it is impossible for site operators to alter your bet to make you lose without the chance of them being caught. Note that this can still happen, look at the old dicebitco.in scam, but this system allowed them to be caught. There are a lot of people who misunderstand this. Provably fair does not mean that you will win or not lose money. It does not mean an operator cannot cheat investors if they allow an invest option. It does not mean that you will definitely be paid your winnings either. Those are all separate trust issues that you should take into account based on the community, reviews and by observing the sites you wish to play at. As for FIAT sites using a probably fair system? It doesn't look likely any time soon. I went to the iGaming conference and met with large operators and game providers and from what I seen there they probably wouldn't want this. Also it seems 99% (probably more) of players don't care about it, even in our Bitcoin gambling community it seems most don't care and even the ones that do do not understand what it means, how it works or how to verify it. I would recommend reading this tutorial/help page on what provably fair is and how it works by NlNico http://dicesites.com/provably-fairBut again it's still a bit technical. |
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Do they not teach math in your country. If you use 1% of bankroll as max bet you get an exponential decay in bankroll that never reaches 0.
To teach you this its easier in a chart form. The bankroll is on the Y-axis and the winning bets in a row is on the X-axis. You can see that it never reaches 0, although it does reach close enough to 0 at some point.
This means you can always payout the full winnings of the user regardless how lucky they are, the worst case scenario is that the user cashes out the entire bankroll and you have nothing left. You will always be able to pay what is owed if you use this method.
The reason is "commercial" not "technical". We have started with 20 BTC max. payout for a "reason", and commercially we are doing good. This issue has been discussed before: https://bitcointalk.org/index.php?topic=973765.msg11441671#msg11441671 so there is no need for us to answer it again and repeat same things over and over again. as admitted, the manual was taken from dean's site but links were later link was removed from our interface. I am talking about the lie on your page, I invested at kelly 10 and you placed it at kelly 29 according to the kelly criterion. THAT IS THE PROBLEM Actually, as a player wins more, your Kelly goes up exponentially until there is no money left to pay out the player. That is the problem, kelly should be fixed liked on all other dice sites which don't have this problem. Isn't what dadice said that kelly is fine, manual was wrong and accordance to PRC? where did you get link to it I also don't see it on site. And PRC admin made post here that it was word to word copy something but I dont know why he deleted that post. I am discussing the problem with PRC Yes, dadice copied the info for PRC word by word but didn't implement it. This means the information on their website was not according their system. I removed my post because I mentioned how you copied my page but it seems you removed that page anyway. There certainly is no problem with the kelly system at PRC which has been in place since Jan 2015 and no one has found any issues. In fact investors have made a profit of around 1400 Bitcoin with that system. But when things keep going wrong on your site you can feel free to keep taking shots at PRC if it makes you feel better. |
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Due to the slowdown of the blockchain the past few days the fees on PRC have been raised to 0.0002 Bitcoin by default.
This should speed up withdrawals to the normal speed.
I also put a message on the deposit popup recommending players to set their transaction fee to 0.0002 Bitcoin when depositing, if possible.
Some deposits took 24 hours using the normal 0.0001 fee.
If this issue with the blockchain gets resolved I will put the fees back to 0.0001.
I think however it is better for players to have it this way for now.
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