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DebitMe (OP)
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Get Paid Crypto To Walk or Drive


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March 29, 2013, 04:24:10 AM
 #1

Someone please explain this to me, because I am having a hard time understanding what just happened.

I tried their "Litecoin Dice" game and sent in 1 Litecoin to address LQU5eFcXGyXQ5wTMQqkLG4GUNRqSukmmnX and received .9585 Litecoins in return and on the website it said that I "won"  Now I have a hard time believing that "winning" means receiving back less than my original bet, especially when it says the payout is 1.0585x your bet.

Am I missing something here?  Why did I not receive 1.0585 Litecoins in return?  Otherwise people be wary of playing at http://crypto-games.us/ltcdice.php

Get paid crypto to walk or drive. Play CoinHuntWorld! Earn Hundreds Monthly!
https://coinhunt.gsc.im/IZIijYr64Q
chriswen
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March 29, 2013, 04:26:48 AM
 #2

So you get 1 x 1.0585 - 0.1 ltc (tx fee) = .9585

So, you either need to bet with higher amounts, or not bet at all because if you didn't know this is a negative EV game and you also lose money when you send tx to them and when they send tx to you.
c4n10
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March 29, 2013, 05:38:14 AM
 #3

So you get 1 x 1.0585 - 0.1 ltc (tx fee) = .9585

So, you either need to bet with higher amounts, or not bet at all because if you didn't know this is a negative EV game and you also lose money when you send tx to them and when they send tx to you.

From our "About" page:

A return fee of 0.1 LTC (which goes to support the LiteCoin network) will be subtracted from your payout.
c4n10
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March 29, 2013, 05:46:12 AM
 #4

Also, I would like to point out that I did not write the code, I am merely an affiliate, I have no control over the back-end.

If there is an issue, please feel free to contact mskwik here on the forums as she runs the LiteDice affiliate program/website and controls the actual code...

To be completely transparent: I make 1% of every bet win or lose, mskwik gets 1% and the rest stays in the game's central wallet to keep the program functional...
SRoulette
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March 29, 2013, 11:54:30 AM
 #5

Someone please explain this to me, because I am having a hard time understanding what just happened.

I tried their "Litecoin Dice" game and sent in 1 Litecoin to address LQU5eFcXGyXQ5wTMQqkLG4GUNRqSukmmnX and received .9585 Litecoins in return and on the website it said that I "won"  Now I have a hard time believing that "winning" means receiving back less than my original bet, especially when it says the payout is 1.0585x your bet.

Am I missing something here?  Why did I not receive 1.0585 Litecoins in return?  Otherwise people be wary of playing at http://crypto-games.us/ltcdice.php

Due to the large size of litecoins default txfee of 0.1 ltc for most transactions it is difficult for casinos to absorb the fee in the smaller bets.
Most litecoin games either deduct a fee (like ours): http://satoshiroulette.com/reverse-dice.php?mode=LTC or increase the house edge significantly in order to absorb the fees (5% on some sites).

btcmasterZ
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June 16, 2016, 02:31:18 AM
 #6

Someone please explain this to me, because I am having a hard time understanding what just happened.

I tried their "Litecoin Dice" game and sent in 1 Litecoin to address LQU5eFcXGyXQ5wTMQqkLG4GUNRqSukmmnX and received .9585 Litecoins in return and on the website it said that I "won"  Now I have a hard time believing that "winning" means receiving back less than my original bet, especially when it says the payout is 1.0585x your bet.

Am I missing something here?  Why did I not receive 1.0585 Litecoins in return?  Otherwise people be wary of playing at http://crypto-games.us/ltcdice.php

this scam site!
they scam to me too Angry Angry Angry
Lutpin
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Goodbye, Z.


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June 16, 2016, 02:34:55 AM
Last edit: June 16, 2016, 02:18:51 PM by Lutpin
 #7

this scam site! they scam to me too
You're barking up the wrong tree, idiot.
OP had issues with crypto-games.us, a site that is long gone and has nothing to do with crypto-games.net, or their current staff/management.
For your information: Crypto-games.net was started in August 20152014 (my bad, still doesn't add the timeline), this thread was posted in March 2013.
That being said, stop spamming old threads in order to try getting people fall for your smear campaign.

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Novalok
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June 16, 2016, 02:37:11 AM
 #8

So it's a scam or not. I'm not understanding. Was it just because he only bet 1 ltc?
btcmasterZ
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June 16, 2016, 02:48:59 AM
 #9

So it's a scam or not. I'm not understanding. Was it just because he only bet 1 ltc?

really scam!
btcmasterZ
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June 16, 2016, 07:43:32 AM
 #10

this scam site! they scam to me too
You're barking up the wrong tree, idiot.
OP had issues with crypto-games.us, a site that is long gone and has nothing to do with crypto-games.net, or their current staff/management.
For your information: Crypto-games.net was started in August 2015, this thread was posted in March 2013.
That being said, stop spamming old threads in order to try getting people fall for your smear campaign.

WTF??
★Crypto-Games.net★ 8 coins ★ Since 2014 ★ Dice ★ Slot ★ BJ ★ Lottery ★ Jackpot!
August 21, 2014, 06:32:47 PM
https://bitcointalk.org/index.php?topic=750760.0

scam too?

you are looser!

you have big problem.
i start signature campaign and twitter campaign about "Crypto-Games.net - scam"  Grin Grin Grin
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