PocketRocketsCasino
Legendary
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Activity: 882
Merit: 1000
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April 05, 2015, 06:56:14 PM |
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Why would you add an invest option?
You bought the site for 126,315 BTC ($11.5 Million) from erik voorhees.
To add an invest option that has "only" 646 Bitcoin ($166k) invested seems a bit odd.
Seems like you should be in the position to bankroll the site yourself and would have a far better chance of making profit back on the original purchase no?
Is Stunna right that Satoshi Dice is under different ownership than the people who purchased from Erik?
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ndnh
Legendary
Offline
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
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April 05, 2015, 07:24:15 PM |
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My English is not good so I just want to know how much I can earn everyday If I invest 2 BTC ? Thanks !
It depends on many factors like how much action there is on the site and how much other investors put it. Your expected profit per bet is 0.0095*Your Investment/Total Amount Invested. But if players are luckier than usual, you investment will actually shrink. So does that mean that you can actually lose your investment? If some whale comes around and wins some coins will you lose your investment? They stated earlier that you can never lose all of your investment, it will just decrease in value like all investments. There is some risk to this but it is better than gambling as you have a 51% chance to earn money on each bet. easier words to actually understant this is that each time you invest, you support some percentage of the bankroll if the site got 100 BTC bankroll and you put in 1 BTC in it, you actually support 1 % of your bankroll, so everytime the sites get profit or loss, you will gain 1% of the amount (using standard kelly) So unless the sites bankroll goes down to 0 BTC which is likely wont be possible, you wouldnt lose all your investment This is one important point for investors: Max win is capped at around 6.5 BTC
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SatoshiDICE_PR (OP)
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April 05, 2015, 07:24:45 PM Last edit: April 13, 2015, 09:53:15 AM by SatoshiDICE_PR |
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I'm not saying you guys aren't worthy of trust but I think you should clarify the ownership of the website.
From my understanding & conversation with insiders, SD has been sold/shifted ownership more than one time. Is your group the one that purchased the site directly from Erik Voorhees? I only ask this due to the above posts using that assumption as a basis of trust. Looking forward to some clarification.
Also, solid work with the new site.
Thanks! Yes. You can see in the whois history that the domain was not transfered.
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SatoshiDICE_PR (OP)
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April 05, 2015, 07:32:57 PM Last edit: April 13, 2015, 09:53:24 AM by SatoshiDICE_PR |
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My English is not good so I just want to know how much I can earn everyday If I invest 2 BTC ? Thanks !
It depends on many factors like how much action there is on the site and how much other investors put it. Your expected profit per bet is 0.0095*Your Investment/Total Amount Invested. But if players are luckier than usual, you investment will actually shrink. So does that mean that you can actually lose your investment? If some whale comes around and wins some coins will you lose your investment? They stated earlier that you can never lose all of your investment, it will just decrease in value like all investments. There is some risk to this but it is better than gambling as you have a 51% chance to earn money on each bet. easier words to actually understant this is that each time you invest, you support some percentage of the bankroll if the site got 100 BTC bankroll and you put in 1 BTC in it, you actually support 1 % of your bankroll, so everytime the sites get profit or loss, you will gain 1% of the amount (using standard kelly) So unless the sites bankroll goes down to 0 BTC which is likely wont be possible, you wouldnt lose all your investment This is one important point for investors: Max win is capped at around 6.5 BTC The max win is 1% of the bankroll. If lots of players win, the max win will decrease so the bankroll can't completely disappear. In theory an investor with a high percent of a small bankroll can lose a lot of his percentage if the bankroll takes a hit and then new investors invest larger amounts.
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gamblingbad
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April 05, 2015, 08:23:58 PM |
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Seems like Satoshi Dice give bad terms for the investors and the dicers. Most dicesites have 1% egde or less and 90% of profit to investors. And i not see any site wager stat or how big total bankroll is. So how can someone invest without getting information?
All the stats are visible to me.if you click on invest button you can see all the bitcoins invested by player and house profit too which is 593 btc atm. investbed by players it says. so i guess house has something to, if not know total invested u cant know how much share u get.
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leen93
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April 05, 2015, 08:27:56 PM |
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I'm not saying you guys aren't worthy of trust but I think you should clarify the ownership of the website.
From my understanding & conversation with insiders, SD has been sold/shifted ownership more than one time. Is your group the one that purchased the site directly from Erik Voorhees? I only ask this due to the above posts using that assumption as a basis of trust. Looking forward to some clarification.
Also, solid work with the new site.
Thanks! Yes. You can see in the whois history that the domain was not transfered. So can you confirm you are the person who bought it directly from Erik?
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rockBTC
Newbie
Offline
Activity: 56
Merit: 0
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April 05, 2015, 09:35:34 PM |
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what is minimum investment?
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SatoshiDICE_PR (OP)
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April 05, 2015, 10:48:17 PM Last edit: April 13, 2015, 09:53:36 AM by SatoshiDICE_PR |
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what is minimum investment?
Minimum investment is 0.001. I have updated the investor info tab to state this now.
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SatoshiDICE_PR (OP)
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April 05, 2015, 11:38:52 PM Last edit: April 13, 2015, 09:53:49 AM by SatoshiDICE_PR |
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Seems like Satoshi Dice give bad terms for the investors and the dicers. Most dicesites have 1% egde or less and 90% of profit to investors. And i not see any site wager stat or how big total bankroll is. So how can someone invest without getting information?
All the stats are visible to me.if you click on invest button you can see all the bitcoins invested by player and house profit too which is 593 btc atm. investbed by players it says. so i guess house has something to, if not know total invested u cant know how much share u get. I just changed this to "Current Bankroll". This is the session game bankroll that investors compete with. Example: "Current Bankroll" says 400 and you invest 100. Your part of the bankroll will then be 100/500 = 20%.
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Mist
Sr. Member
Offline
Activity: 434
Merit: 250
:)
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April 05, 2015, 11:43:01 PM |
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Seems like Satoshi Dice give bad terms for the investors and the dicers. Most dicesites have 1% egde or less and 90% of profit to investors. And i not see any site wager stat or how big total bankroll is. So how can someone invest without getting information?
All the stats are visible to me.if you click on invest button you can see all the bitcoins invested by player and house profit too which is 593 btc atm. investbed by players it says. so i guess house has something to, if not know total invested u cant know how much share u get. I just changed this to "Current Bankroll". This is the session game bankroll that investors compete with. Example: "Current Bankroll" says 400 and you invest 100. Your part of the bankroll will then be 100/500 = 20%. Thanks for making the change, this is a lot clearer.
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kpitti
Legendary
Offline
Activity: 924
Merit: 1002
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April 08, 2015, 07:36:30 PM |
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Anyone got experience how support is responding on Satoshi Dice regarding investment questions related to my account there? I sent mail to support more then 7 hours ago and still no answer . I have blocked my Bitcoins there. Hope that they will solve my problem fast.
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SatoshiDICE_PR (OP)
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April 08, 2015, 08:04:04 PM Last edit: April 13, 2015, 09:54:04 AM by SatoshiDICE_PR |
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Anyone got experience how support is responding on Satoshi Dice regarding investment questions related to my account there? I sent mail to support more then 7 hours ago and still no answer . I have blocked my Bitcoins there. Hope that they will solve my problem fast. It appears to be a connectivity issue to the API. We are trying to find out the issue. A quick workaround might be to browse the site in a device that uses another internet connection. Sorry about the trouble!
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kpitti
Legendary
Offline
Activity: 924
Merit: 1002
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April 08, 2015, 08:11:28 PM |
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Anyone got experience how support is responding on Satoshi Dice regarding investment questions related to my account there? I sent mail to support more then 7 hours ago and still no answer . I have blocked my Bitcoins there. Hope that they will solve my problem fast. It appears to be a connectivity issue to the API. We are trying to find out the issue. A quick workaround might be to browse the site in a device that uses another internet connection. Sorry about the trouble! I am not sure if we talking about the same problem now. I explain my issue in the mail I sent to your support (at) satoshidice.com. I include my account and User id information there. If you can speed up the resolution then I will be happy. Edit - yes I understand now. When I log in from another computer I can see my correct ballance. Thank you PS: I would anyway preffer to be contacted by support with at least information they are working on my request.
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SatoshiDICE_PR (OP)
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April 08, 2015, 11:03:05 PM Last edit: April 13, 2015, 09:54:13 AM by SatoshiDICE_PR |
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Anyone got experience how support is responding on Satoshi Dice regarding investment questions related to my account there? I sent mail to support more then 7 hours ago and still no answer . I have blocked my Bitcoins there. Hope that they will solve my problem fast. It appears to be a connectivity issue to the API. We are trying to find out the issue. A quick workaround might be to browse the site in a device that uses another internet connection. Sorry about the trouble! I am not sure if we talking about the same problem now. I explain my issue in the mail I sent to your support (at) satoshidice.com. I include my account and User id information there. If you can speed up the resolution then I will be happy. Edit - yes I understand now. When I log in from another computer I can see my correct ballance. Thank you PS: I would anyway preffer to be contacted by support with at least information they are working on my request. We are double checking too see exactly what happened and will get back to you asap!
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ndnh
Legendary
Offline
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
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April 09, 2015, 11:11:10 AM |
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Anyone got experience how support is responding on Satoshi Dice regarding investment questions related to my account there? I sent mail to support more then 7 hours ago and still no answer . I have blocked my Bitcoins there. Hope that they will solve my problem fast. It appears to be a connectivity issue to the API. We are trying to find out the issue. A quick workaround might be to browse the site in a device that uses another internet connection. Sorry about the trouble! I am not sure if we talking about the same problem now. I explain my issue in the mail I sent to your support (at) satoshidice.com. I include my account and User id information there. If you can speed up the resolution then I will be happy. Edit - yes I understand now. When I log in from another computer I can see my correct ballance. Thank you PS: I would anyway preffer to be contacted by support with at least information they are working on my request. We are double checking too see exactly what happened and will get back to you asap! There is no use emailing them. A few months ago, I send a few emails. Well, never replied yet. Well, it is fixed now. So, np. Just post on the thread or PM him. It is more likely to be responded. I have invested in the bankroll. Can you sign the cold wallet address please? It will at least help people to trust the site. Thanks
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kpitti
Legendary
Offline
Activity: 924
Merit: 1002
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April 09, 2015, 11:46:42 AM |
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Anyone got experience how support is responding on Satoshi Dice regarding investment questions related to my account there? I sent mail to support more then 7 hours ago and still no answer . I have blocked my Bitcoins there. Hope that they will solve my problem fast. It appears to be a connectivity issue to the API. We are trying to find out the issue. A quick workaround might be to browse the site in a device that uses another internet connection. Sorry about the trouble! I am not sure if we talking about the same problem now. I explain my issue in the mail I sent to your support (at) satoshidice.com. I include my account and User id information there. If you can speed up the resolution then I will be happy. Edit - yes I understand now. When I log in from another computer I can see my correct ballance. Thank you PS: I would anyway preffer to be contacted by support with at least information they are working on my request. We are double checking too see exactly what happened and will get back to you asap! There is no use emailing them. A few months ago, I send a few emails. Well, never replied yet. Well, it is fixed now. So, np. Just post on the thread or PM him. It is more likely to be responded. I have invested in the bankroll. Can you sign the cold wallet address please? It will at least help people to trust the site. Thanks I got very same experience yesterday. Problem is fixed now, we use PM. I would like to thank you for support. I can say that I am happy about this investment as I got good profit for few days I invest there. I am evaulating invest more in longer terms now.
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SatoshiDICE_PR (OP)
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April 09, 2015, 11:58:21 PM Last edit: April 13, 2015, 09:54:21 AM by SatoshiDICE_PR |
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We can't reveal it immediately because transactions can take hours to confirm and during this time a player could double spend their losing bets!
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SatoshiDICE_PR (OP)
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April 10, 2015, 12:02:39 AM Last edit: April 13, 2015, 09:54:34 AM by SatoshiDICE_PR |
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Anyone got experience how support is responding on Satoshi Dice regarding investment questions related to my account there? I sent mail to support more then 7 hours ago and still no answer . I have blocked my Bitcoins there. Hope that they will solve my problem fast. It appears to be a connectivity issue to the API. We are trying to find out the issue. A quick workaround might be to browse the site in a device that uses another internet connection. Sorry about the trouble! I am not sure if we talking about the same problem now. I explain my issue in the mail I sent to your support (at) satoshidice.com. I include my account and User id information there. If you can speed up the resolution then I will be happy. Edit - yes I understand now. When I log in from another computer I can see my correct ballance. Thank you PS: I would anyway preffer to be contacted by support with at least information they are working on my request. We are double checking too see exactly what happened and will get back to you asap! There is no use emailing them. A few months ago, I send a few emails. Well, never replied yet. Well, it is fixed now. So, np. Just post on the thread or PM him. It is more likely to be responded. I have invested in the bankroll. Can you sign the cold wallet address please? It will at least help people to trust the site. Thanks Yes we are setting up public cold storage addresses. https://blockchain.info/address/18e5jpfn9zo9GQov1Ks9Pzh6Yam2SvFqqo is the only address I have available from here.
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