Prcdice closed the investment feature

[galbros]

dean is a fuckin shithead piece of shit, start winning my coin back and he changes min bet to 100 sats from 1 sat, I hope ppl stop playin there and wastin their money, dean is a fucking asshole, never liked him........ He just doesn't want me to win my coin back and then some, fuck you dean!

So you necroed this thread because he changed the minimum bet from 1 to 100 satoshi?  Not a lot of sympathy there.

Back to OP with follow up question:
He explained on 5 Aug. that he is doing this because he thinks it will make the site easier to sell.  The new site owner can get a better sense of the site earnings, investors don't have to be cashed out all at once, whatever.

I have to say that it does not make a lot of sense to me, but I have to assume he knows more about running (and selling) a gambling site than i do.  And as I noted earleir upthread, it was nice of him to come here and lay things out.

A more interesting question is given that the sale of the site seems to have been put off, see: https://bitcointalk.org/index.php?topic=1146382.0

Is the plan to continue to divest investors and why?

EDIT:  I found an official update.  So divestment will continue.

[ndnh]

He explained on 5 Aug. that he is doing this because he thinks it will make the site easier to sell.  The new site owner can get a better sense of the site earnings, investors don't have to be cashed out all at once, whatever.

How would increasing minimum bet actually help

[Chemistry1988]

He explained on 5 Aug. that he is doing this because he thinks it will make the site easier to sell.  The new site owner can get a better sense of the site earnings, investors don't have to be cashed out all at once, whatever.

How would increasing minimum bet actually help

Pretty sure that the part you quoted is actually talking about closing the investment feature, rather than increasing the min bet.

[ndnh]

He explained on 5 Aug. that he is doing this because he thinks it will make the site easier to sell.  The new site owner can get a better sense of the site earnings, investors don't have to be cashed out all at once, whatever.

How would increasing minimum bet actually help

Pretty sure that the part you quoted is actually talking about closing the investment feature, rather than increasing the min bet.

Ok, in that case, how is closing investment feature even related to the minimum bet

[Chemistry1988]

how is closing investment feature even related to the minimum bet

It doesn't. If I understand galbros's post correctly, only his first line is to respond to nyktalgia1 (about min bet), and the rest of his post is to respond to the previous discussion in this thread about bankroll investment.

And who knows why nyktalgia1 want to complain about the increase in min bet in this thread.

[ndnh]

how is closing investment feature even related to the minimum bet

It doesn't. If I understand galbros's post correctly, only his first line is to respond to nyktalgia1 (about min bet), and the rest of his post is to respond to the previous discussion in this thread about bankroll investment.

And who knows why nyktalgia1 want to complain about the increase in min bet in this thread.

hmm, yeah, I didn't take it that way lol.

[galbros]

how is closing investment feature even related to the minimum bet

It doesn't. If I understand galbros's post correctly, only his first line is to respond to nyktalgia1 (about min bet), and the rest of his post is to respond to the previous discussion in this thread about bankroll investment.

And who knows why nyktalgia1 want to complain about the increase in min bet in this thread.

You got it Chemistry.  Sorry for the confusion, I've gone and edited my post for clarity, not that I expect anyone else will come along and read it.

nyktalgia1 started a new thread to complain about the minimum bet and a few other things at PRC: https://bitcointalk.org/index.php?topic=1166235.0

Starting a new thread to complain about the new minimum seems a lot more sensible than complaining about it here.

Good Luck!

[PocketRocketsCasino]

I guess they made the algorithm unfair and removed the investors for them to profit ...
and maybe open it in some days after the people start complaining.

They haven't removed investors have they ? And I don't think they would ever make the algorithm unfair. No one would play there if they did.

Exactly, that's just a nonsense post he made.

Investment is closed to new investors. There was 5k btc invested and the site did not need all that so I auto divested 10% each week. Even now there's still 3k invested and a max payout of 290 Bitcoin, more than any other Bitcoin dice site.

There's no change to the algorithm at all, it's still the same provably fair method that you can verify using dicesites.com

nyktalgia1 is complaining about the increase in minimum bet and he thinks I done it so that he can't use some strategy he has created to win his coins back.
I have mentioned about increasing it for many months now. He was using 20 bots at the same time to bet 1 satoshi martingaling and it was giving worse performance to users who actually bet more than 1cent at a time so I increased it so that the site is not an attractive option for people looking to play using many bots betting one satoshi.