ndnh
Legendary
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Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
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October 04, 2015, 07:40:53 AM |
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Anyone know a fast way to make 2k btc volume with minimal loss?
At 1% house edge, an ordinary player should expect to lose 20 btc for wagering 2k btc. As the app owner, Bjorn should get 50% of the house edge back for not-too-huge bets (<0.5x Kelly), so the expected cost should be just 10 btc for him. The last option would be to bribe Ryan to create fake whale account(s) and some fake bets, but who knows how much it will cost. Just kidding of course. This is very wrong calculation, he is not getting pure 10 btc if he do that. He has a site to run, maintenance, giveaway, raffles that cost alot already . This is friendly competition , doesnt matter if they lose that is why they choose rollin. They could have win easily if they choose some less popular site but they dont It seems you have misunderstood my post. That 10 btc is the expected cost for Bjorn to create 2k btc additional volume. Of course he has to pay for hosting, wages for support staff etc every month, but I don't see how making additional volume (eg by flat betting using dice bot) would induce significant increase in those costs. And yes, the "Wager Warz" is supposed to be a friendly competition. There is no point and no incentive for him (10 btc expected loss) to do so. What I said in the post was to compare the costs in response to Altcoin4life's question. LOL. Good idea. The rakeback is less than 10 BTC. But the actual cost for inflating wagered amount is nil (just edit some numbers. May be a little for time, etc.). So Ryan might agree. Edit: lol okay you discussed both options already. The cost for Bjourn to make 2000 BTC wagered is same as any other player (coz of MP). ~20 BTC at 1% edge. Nothing much if it is just to edit some numbers. jk
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BetterBets.io (OP)
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October 04, 2015, 06:08:47 PM |
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Hello good people of Bitcoin gaming land, so far Rollin.io is still kicking butt for our latest creation "Casino Battle" here: https://bitcointalk.org/index.php?topic=1065847.msg12571966#msg12571966Will we make a comeback? Well I guess time will tell This is the last day to get your bets in on the side promotion for this "Wager WARZ" (we at BetterBets would love to run more of these) so get your last minute bets in here: https://bitcointalk.org/index.php?topic=1194301.0If you enjoy the concept of Wager WARZ let us know in our thread here, the feedback we receive will be used to determine whether our team continues this new type of promotion!
Get your raffle tickets this month to win yourself an Apple Ipad Air 2 or 3 BTC You still have ~5 hours to get Cashback/Rake for the week before it resets on the new week. Have fun, come join us at https://betterbets.io we have a great team and casino and everyone is welcome, best fortune to you.
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ranlo
Legendary
Offline
Activity: 1974
Merit: 1007
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October 04, 2015, 08:21:38 PM |
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Hello good people of Bitcoin gaming land, so far Rollin.io is still kicking butt for our latest creation "Casino Battle" here: https://bitcointalk.org/index.php?topic=1065847.msg12571966#msg12571966Will we make a comeback? Well I guess time will tell This is the last day to get your bets in on the side promotion for this "Wager WARZ" (we at BetterBets would love to run more of these) so get your last minute bets in here: https://bitcointalk.org/index.php?topic=1194301.0If you enjoy the concept of Wager WARZ let us know in our thread here, the feedback we receive will be used to determine whether our team continues this new type of promotion!
Get your raffle tickets this month to win yourself an Apple Ipad Air 2 or 3 BTC You still have ~5 hours to get Cashback/Rake for the week before it resets on the new week. Have fun, come join us at https://betterbets.io we have a great team and casino and everyone is welcome, best fortune to you. I didn't personally bet on the wager war, but I do want to say I love the concept. It's outside the box in terms of thinking, and it's a great promotion. Not sure if my thoughts matter since I didn't put in a wager, but in any case, I like it, .
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21million
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October 04, 2015, 10:30:01 PM |
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Hello good people of Bitcoin gaming land, so far Rollin.io is still kicking butt for our latest creation "Casino Battle" here: https://bitcointalk.org/index.php?topic=1065847.msg12571966#msg12571966Will we make a comeback? Well I guess time will tell This is the last day to get your bets in on the side promotion for this "Wager WARZ" (we at BetterBets would love to run more of these) so get your last minute bets in here: https://bitcointalk.org/index.php?topic=1194301.0If you enjoy the concept of Wager WARZ let us know in our thread here, the feedback we receive will be used to determine whether our team continues this new type of promotion!
Get your raffle tickets this month to win yourself an Apple Ipad Air 2 or 3 BTC You still have ~5 hours to get Cashback/Rake for the week before it resets on the new week. Have fun, come join us at https://betterbets.io we have a great team and casino and everyone is welcome, best fortune to you. I didn't personally bet on the wager war, but I do want to say I love the concept. It's outside the box in terms of thinking, and it's a great promotion. Not sure if my thoughts matter since I didn't put in a wager, but in any case, I like it, . Is good bjorn is unique and sometime people not understand new thing give one more people may see it fun and bring community together.
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gordonhill
Legendary
Offline
Activity: 1274
Merit: 1006
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October 04, 2015, 11:13:36 PM |
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BTCETTING CLOSED ----- All the winner bets will be credited after the Battle contest finished ----- Thank you for side betting with us. ●‿●
Grab as many raffle tickets as you can throughout the month, players have started racking them up already don't lose your chance to take home an IPAD AIR, or Bitcoin equivalent in value. ------ If monthly exceeds 8000btc wagered 2 winners will be chosen.-----
Playing at betterbets.io is a smart choice for gamblers who see the value in the volume they create! Come have fun and play with us!
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BetterBets.io (OP)
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October 04, 2015, 11:38:05 PM Last edit: October 04, 2015, 11:48:31 PM by BetterBets.io |
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Cashback Club rake and affiliate payments have been credited to player's www.moneypot.com secure wallets enjoy everyone. Want to know how you can earn rake for playing your favorite games at https://betterbets.io see the infographic below! Players, you can track your Cashback Club Bonus in your account menu at our casino. Win or lose every week you qualify for Cashback it is credited to your account every Sunday. For more info on CashBack Club and our generous affiliate program see our FAQ: https://betterbets.io/app/content/faq/ As of today we have given players 24.435 BTC in rake over the past 3 months (not including tips, promotions etc.) Come join the fun!
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Ninjaskills
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October 05, 2015, 11:45:59 AM |
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can i ask, what is raffle ticket i have 21 raffle, what is the function of raffle ?
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Altcoin4life
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October 05, 2015, 11:49:55 AM |
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can i ask, what is raffle ticket i have 21 raffle, what is the function of raffle ?
BetterBets has these monthly raffles last month was xbox and Playstation 4 and this month is for Ipad air tablet or 3 bitcoin. Raffles are similar to lottery. Question: How do I earn these raffle tickets BetterBets?? Answer: We added the option to purchase them directly or by betting here is a raffle structure: 1) Bets > 1 BTC count as 2500 rolls towards a raffle ticket (ie: 5 raffle tickets per 1 BTC roll) 2) Bets > 0.1 BTC count as 250 rolls towards a raffle ticket (1/2 raffle ticket) 3) Bets > 0.001 BTC count as 25 rolls towards a raffle ticket (1/20th raffle ticket) 4) Bets > 0.0001 BTC count as 10 rolls towards a raffle ticket (1/50th raffle ticket) 5) Bets > 0.000001 BTC count as 1 roll towards a raffle ticket (1/500th raffle ticket) 6) Bets < 0.000001 BTC do not count towards a raffle ticket Good luck to all players on this month's raffle at BetterBets.io!
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yanka50
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October 05, 2015, 11:50:50 AM |
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can i ask, what is raffle ticket i have 21 raffle, what is the function of raffle ?
You will have a chance to win some prizes with these tickets.
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BetterBets.io (OP)
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October 05, 2015, 01:51:13 PM |
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Hello everyone, for the month of October BetterBets will be giving 4x the amount of raffle tickets for players who earn VIP to increase your chances on winning 3 BTC or the Apple IPAD Air 2!
Best fortune to all!
Earn Bitcoin guaranteed by your volume, here is the list of payouts for each level. All payouts are credited every Sunday.
> 5 BTC weekly volume: 0.005 BTC > 10 BTC weekly volume player is credited: 0.01 BTC > 15 BTC weekly volume player is credited: 0.02 BTC > 25 BTC weekly volume player is credited: 0.05 BTC > 50 BTC weekly volume player is credited: 0.1 BTC > 100 BTC weekly volume player is credited: 0.2 BTC > 150 BTC weekly volume player is credited: 0.3 BTC > 200 BTC weekly volume player is credited: 0.4 BTC > 300 BTC weekly volume player is credited: 0.6 BTC > 400 BTC weekly volume player is credited: 0.8 BTC > 500 BTC weekly volume player is credited: 1.2 BTC VIP Bronze > 1000 BTC weekly volume player is credited: 2.4 BTC VIP Silver > 2000 BTC weekly volume player is credited: 4.6 BTC VIP Gold > 3000 BTC weekly volume player is credited: 6.8 BTC VIP Platinum
VIP Status grants you hundreds of extra raffle tickets for the monthly raffle prizes and large payouts sent to you similar to a rake back bonus except it is guaranteed every week.
Bronze = +200 Raffle Tickets (October Bonus 800 Tickets) Silver = +400 Raffle Tickets (October Bonus 1600 Tickets) Gold = +600 Raffle Tickets (October Bonus 2400 Tickets) Platinum = +800 Raffle Tickets (October Bonus 3200 Tickets)
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ndnh
Legendary
Offline
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
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October 05, 2015, 01:51:43 PM |
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Now that players can earn raffle tickets as well as buy them, how about an option to sell or trade them?
At a discounted rate to the house, or between players where the house can take a small fee.
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gordonhill
Legendary
Offline
Activity: 1274
Merit: 1006
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October 05, 2015, 02:00:34 PM |
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Now that players can earn raffle tickets as well as buy them, how about an option to sell or trade them?
At a discounted rate to the house, or between players where the house can take a small fee.
This brainstorming, is already on the table for a quiet some time. Anyway, thanks for keeping us focus.!! ●‿●
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BetterBets.io (OP)
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October 05, 2015, 02:05:01 PM |
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Now that players can earn raffle tickets as well as buy them, how about an option to sell or trade them?
At a discounted rate to the house, or between players where the house can take a small fee.
This brainstorming, is already on the table for a quiet some time. Anyway, thanks for keeping us focus.!! ●‿● Yes Ndnhc you are on the right path of thinking, this is part of the phase 3 for tickets we will introduce in the coming months. The final stage will be reached and I promise is amazing, but that will depend on volume and casino success as to the level we can take it. Raffle tickets will in some ways become a currency of their own. -Bjorn
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Altcoin4life
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October 05, 2015, 02:49:44 PM |
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Now that players can earn raffle tickets as well as buy them, how about an option to sell or trade them?
At a discounted rate to the house, or between players where the house can take a small fee.
This brainstorming, is already on the table for a quiet some time. Anyway, thanks for keeping us focus.!! ●‿● Yes Ndnhc you are on the right path of thinking, this is part of the phase 3 for tickets we will introduce in the coming months. The final stage will be reached and I promise is amazing, but that will depend on volume and casino success as to the level we can take it. Raffle tickets will in some ways become a currency of their own. -Bjorn This sounds like badass epic your casino is the only progressive site out there.
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BetterBets.io (OP)
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October 05, 2015, 03:22:12 PM |
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Thank you to our investors for providing a new max payout per bet of 5.7 BTC Please join us in our battle against Rollin.io in the newest promotion we created for friendly competition and earn an extra 0.05 Bitcoin for every 100 BTC wagered in volume.
A new era in entertainment and competitive gambling starts October 1st...
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shulio
Legendary
Offline
Activity: 1540
Merit: 1016
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October 05, 2015, 06:30:26 PM |
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Thank you to our investors for providing a new max payout per bet of 5.7 BTC Please join us in our battle against Rollin.io in the newest promotion we created for friendly competition and earn an extra 0.05 Bitcoin for every 100 BTC wagered in volume.
A new era in entertainment and competitive gambling starts October 1st... Good promotions, I see you write you send PM to Dean , is this mean the next wager warz is betterbets vs PRC? this will be good wager warz to see after this one over
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BetterBets.io (OP)
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October 05, 2015, 07:00:42 PM |
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Haha good catch Shulio, I think we may have a battle in our midst soon..... PRC wants a fight we'll give them one! Huzzah!
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joksim299
Legendary
Offline
Activity: 2184
Merit: 1014
Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
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October 05, 2015, 07:04:29 PM |
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Haha good catch Shulio, I think we may have a battle in our midst soon..... PRC wants a fight we'll give them one! Huzzah!
That will be balanced war and for that one I expect better odds for both sides.
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PocketRocketsCasino
Legendary
Offline
Activity: 882
Merit: 1000
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October 05, 2015, 09:25:01 PM |
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Haha good catch Shulio, I think we may have a battle in our midst soon..... PRC wants a fight we'll give them one! Huzzah!
That will be balanced war and for that one I expect better odds for both sides. I'll be brainstorming promo ideas and prizes tomorrow and hopefully we can announce something official. Bjorn actually picked a good time for me since I'm looking to have launched the new version of PRC by then
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joksim299
Legendary
Offline
Activity: 2184
Merit: 1014
Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
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October 05, 2015, 11:30:53 PM |
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Haha good catch Shulio, I think we may have a battle in our midst soon..... PRC wants a fight we'll give them one! Huzzah!
That will be balanced war and for that one I expect better odds for both sides. I'll be brainstorming promo ideas and prizes tomorrow and hopefully we can announce something official. Bjorn actually picked a good time for me since I'm looking to have launched the new version of PRC by then I expect that this will be really exciting promotion with incentives to take part. For now I will wait for the official announcement.
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