MegaDice - Play Instant Bitcoin Dice & Be Part of the Bankroll

[PocketRocketsCasino]

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?

[ndnh]

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 6.5BTC   

[SatoshiDICE_PR]

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.

[SatoshiDICE_PR]

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 6.5BTC    

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.

[gamblingbad]

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.

[leen93]

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?

[rockBTC]

what is minimum investment?

[SatoshiDICE_PR]

what is minimum investment?

Minimum investment is 0.001. I have updated the investor info tab to state this now.

[SatoshiDICE_PR]

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%.

[Mist]

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.

[kpitti]

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.

[SatoshiDICE_PR]

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!

[kpitti]

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.

[SatoshiDICE_PR]

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!

[shitaifan2013]

I still can't find any trace of signed cold wallet, while you claim to have some kind of multi sig cold storage in place (https://bitcointalk.org/index.php?topic=77870.msg11014694#msg11014694).

care to share this finally to prove your solvency?

[ndnh]

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

[kpitti]

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.

[yakuza699]

Can you please update the https://www.satoshidice.com/secretlist.php automatically I mean as soon as clock hits 00:00 it reveals the secret hash for the past day.

[SatoshiDICE_PR]

Can you please update the https://www.satoshidice.com/secretlist.php automatically I mean as soon as clock hits 00:00 it reveals the secret hash for the past day.

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!

[SatoshiDICE_PR]

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.