Quantum Dice - Now Featured on MoneyPot | variable HOUSE EDGE as LOW as 0.01%

[QuantumDice9]

Thanks guys. I'm quite happy with the balance right now. I'm actually considering keeping the house edge this way. Once I've reached a final decision I'll be sure to update in advance. But for now, expect it to stay this low for the coming few months

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[7bestone7]

Thanks guys. I'm quite happy with the balance right now. I'm actually considering keeping the house edge this way. Once I've reached a final decision I'll be sure to update in advance. But for now, expect it to stay this low for the coming few months

if you are not planning to scam people like 999dice with a really small house edge then you wont be able to get enough profit for your website, besides that i wish you the best

[subSTRATA]

Thanks guys. I'm quite happy with the balance right now. I'm actually considering keeping the house edge this way. Once I've reached a final decision I'll be sure to update in advance. But for now, expect it to stay this low for the coming few months

if you are not planning to scam people like 999dice with a really small house edge then you wont be able to get enough profit for your website, besides that i wish you the best

it's more likely that the majority of the players there use martingale to bet, thinking the lower house edge will benefit them. however, that method goes bust eventually anyways, so maybe the expected profit is higher than expected. if it attracts people to bet there, might as well keep the edge low.

[apriyani420]

Thanks guys. I'm quite happy with the balance right now. I'm actually considering keeping the house edge this way. Once I've reached a final decision I'll be sure to update in advance. But for now, expect it to stay this low for the coming few months

if you are not planning to scam people like 999dice with a really small house edge then you wont be able to get enough profit for your website, besides that i wish you the best

it's more likely that the majority of the players there use martingale to bet, thinking the lower house edge will benefit them. however, that method goes bust eventually anyways, so maybe the expected profit is higher than expected. if it attracts people to bet there, might as well keep the edge low.

i think its a good idea only if you dont attract whales with such a small edge, as they could possibly do only a few bets and get big profit as the house edge would be really small for them

[arallmuus]

if you are not planning to scam people like 999dice with a really small house edge then you wont be able to get enough profit for your website, besides that i wish you the best

Funny I keep on seeing people that saying the owner has the ability to "scam" the player despite this site is integrated with moneypot. You should note that every bet in this site is fair and the owner of this site has no ability to tamper your bet result since everything will be verified automatically by moneypot. Plus that the owner is getting profit not from someone's lost but from the wagered amount , therefore the owner would of course want people to win and keep on rolling there


The title is missleading, please change that because you are not offering 0.01 % house edge anymore since you changed it into variable house edge

[Havelivi]

The title of the thread is really misleading because the house is not exactly 0.01% for each bet now it is random and get change with every bet, OP must change the the title to the correct one.

[GrandmaJean]

if you are not planning to scam people like 999dice with a really small house edge then you wont be able to get enough profit for your website, besides that i wish you the best

The title is missleading, please change that because you are not offering 0.01 % house edge anymore since you changed it into variable house edge

The title of the thread is really misleading because the house is not exactly 0.01% for each bet now it is random and get change with every bet, OP must change the the title to the correct one.

it says that its as low as 0.01 so it might be bigger also, i believe that there is no missleading on the title of the thread, also its nice to see such low house edge

[arallmuus]

The title is missleading, please change that because you are not offering 0.01 % house edge anymore since you changed it into variable house edge

it says that its as low as 0.01 so it might be bigger also, i believe that there is no missleading on the title of the thread, also its nice to see such low house edge

True, it is more of a problem with a bad wordings actually. If you take a glance to read it then you will have the impression that the house edge stays the same for every rolls at 0.01 % while in fact it is a variable house edge ranging as low as 0.01 % to 1 %. Therefore the title should be made as clear as possible ( no harm done anyway in changing it )


I seriously dont know why someone repeated what I've posted...

[trafficolaa]

@OP do you have any plan to add auto bet feature there because it get tired to roll dice manually in long time gambling, i hope in next update we will see betting bot there.

[QuantumDice9]

To clarify. I'm only hosting a client. All the bets, deposits and payout are processed by MoneyPot and the team behind MoneyPot is a reputable one.
So to answer your question, no, I can't possibly scam your coins.

Also, as you are wagering against the MoneyPot bankroll, I just get paid a small commission depending on the house edge and your wager size regardless of your profit or loss.

If you manage to stay afloat much longer, that means more wagers from you. More wagers means I get paid more. So I do hope you keep on winning.

Regarding the title. I'm not misleading anyone. I have clarified at the top of the first post that it is a variable house edge.

I have also explained the mechanism as to how the house edge is calculated in this thread.

If details are your thing, all the information is provided here on this thread. If I miss out anything, feel free to ask

[QuantumDice9]

@OP do you have any plan to add auto bet feature there because it get tired to roll dice manually in long time gambling, i hope in next update we will see betting bot there.

Auto bet has been added. Just click on "QBot 0.1" just above the chat box on the site. If you still don't see it, please clear your browser cache and refresh.

Be careful though, the bot have not been tested extensively yet and there might be some flawed logic or code. I'd be grateful if you could report here if you find any issues.

So, only put into the app what you are willing to lose if you wish to test out the bot

Have fun

[QuantumDice9]

Bump

[QuantumDice9]

Fixed several critical issues with the autobet. Should be quite stable for now. Have fun

[QuantumDice9]

Hi all, we are currently running a contest. Get more details at the contest thread.

https://bitcointalk.org/index.php?topic=1134496.0

[BigMac]

Hi all, we are currently running a contest. Get more details at the contest thread.

https://bitcointalk.org/index.php?topic=1134496.0

Hmm since the house edge varies randomly between 0.01% - 1% for each bet, and the one with highest wagered will get 0.9% back. The contest would make the EV positive for that whale and so you should be able to attractive lots of high rollers.

EDIT: Damn. It seems you edit that post to lower the prize from 0.9% to 0.5%.

[arallmuus]

Decided to post it here to get your attention ( posted in the games and rounds thread, deleted btw )


Few things to ask here

#1  When was this contest officially start? I see the thread is posted approximately 7 hours ago and judging from here https://www.moneypot.com/apps/85-qdicenet-quantum-dice ( by the time I posted this, the last 9 hours bet in the site never listed any wager from keknicholas. Care to explain how he got 6+BTC wager right from the start of this contest because you posted the contest 7 hours ago

That account registered 7 days ago and I have followed your site quite a bit and I know he had wagered over 6+ not today but since last week and yet you posted approximately 7 hours ago for the contest

• keknicholas Total wager amount at entry: 6,247,967 bits

To ensure fairness between old and new users.
Final wagered amount to be counted in this contest is the total wagered amount at the end of competition period - total wagered amount upon entry into competition.

#2  I have a suspicion that you are keknicholas. The suspicion strengthen with almost the same name of your account and keknicholas . Preventing the player to get the first rank therefore you dont need to pay the crazy high amount

owner : Bryankek

Of course this is assumption and suspicion

#3  Assuming the house edge is 1 % ( I know it is variable edge ) you will get like 50 % of the edge as commision which mean that you ended up paying all that you earned to the 1st rank player IF keknicholas is not you ( for now )

Also since that is the best scenario which is not in your case because the edge is variable that means that you are paying the first rank at the expenses of your own pocket ! pretty much not feasible if there is a whale that get into your site

[Bagus Tubagus]

Fixed several critical issues with the autobet. Should be quite stable for now. Have fun

i like new (AutoBet) and house edge 0.01% 
I love this sites

[QuantumDice9]

Decided to post it here to get your attention ( posted in the games and rounds thread, deleted btw )


Few things to ask here

#1  When was this contest officially start? I see the thread is posted approximately 7 hours ago and judging from here https://www.moneypot.com/apps/85-qdicenet-quantum-dice ( by the time I posted this, the last 9 hours bet in the site never listed any wager from keknicholas. Care to explain how he got 6+BTC wager right from the start of this contest because you posted the contest 7 hours ago

That account registered 7 days ago and I have followed your site quite a bit and I know he had wagered over 6+ not today but since last week and yet you posted approximately 7 hours ago for the contest

• keknicholas Total wager amount at entry: 6,247,967 bits

To ensure fairness between old and new users.
Final wagered amount to be counted in this contest is the total wagered amount at the end of competition period - total wagered amount upon entry into competition.

#2  I have a suspicion that you are keknicholas. The suspicion strengthen with almost the same name of your account and keknicholas . Preventing the player to get the first rank therefore you dont need to pay the crazy high amount

owner : Bryankek

Of course this is assumption and suspicion

#3  Assuming the house edge is 1 % ( I know it is variable edge ) you will get like 50 % of the edge as commision which mean that you ended up paying all that you earned to the 1st rank player IF keknicholas is not you ( for now )

Also since that is the best scenario which is not in your case because the edge is variable that means that you are paying the first rank at the expenses of your own pocket ! pretty much not feasible if there is a whale that get into your site

Hi. Please read carefully. The amount considered will be the final wagered amount minus total wagered amiunt at the start of the contest. Hence he is starting the contest like everyone else, with 0 total wagered amount since the start of the competition.

And no, I'm not him, I'm bryankek. He is a friend.

Yes, as panjul mentioned. I redid the maths, its not feasible to pay 0.9% to the first winner, hence I'm offering to pay the full amount of the house edge earned from the user.  Anyway I'm suspending all entries now. Will officially post a start time and end time with a final unchangeable rules and prize list. Contest is canceled(to be reposted)

[panjul07]

Hi all, we are currently running a contest. Get more details at the contest thread.

https://bitcointalk.org/index.php?topic=1134496.0

Hmm since the house edge varies randomly between 0.01% - 1% for each bet, and the one with highest wagered will get 0.9% back. The contest would make the EV positive for that whale and so you should be able to attractive lots of high rollers.

EDIT: Damn. It seems you edit that post to lower the prize from 0.9% to 0.5%.

Yeah, OP just reduced the the prize. But 0.5% is still a great deal especially for whales

i like new (AutoBet) and house edge 0.01% 
I love this sites

Read above post, the house edge is random. So it is not only 0.01%, but varies for each bet.


P.S : waiting OP to reply the post by arallmuus and regarding how to join the contest, IMO it will be more fair if OP accept the participants who post their username on the thread (not by PM)

[QuantumDice9]

Hi all, we are currently running a contest. Get more details at the contest thread.

https://bitcointalk.org/index.php?topic=1134496.0

Hmm since the house edge varies randomly between 0.01% - 1% for each bet, and the one with highest wagered will get 0.9% back. The contest would make the EV positive for that whale and so you should be able to attractive lots of high rollers.

EDIT: Damn. It seems you edit that post to lower the prize from 0.9% to 0.5%.

Sorry, I'm aware that there are a lot of questions with the rules and conditions. Will rework everything properly and repost again