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Author Topic: CRYPTOSDICE - Custom lucky interval - 1% House edge - 40+ Coins - PLAY / INVEST  (Read 7766 times)
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July 06, 2016, 08:35:24 PM
 #21

The terms are pretty interesting.

Does this mean you're legally operating out of Canada? 

Gl with everything btw.
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cryptosdice
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July 06, 2016, 08:38:00 PM
 #22

Proof of funds?
Its looking to get investments. So I doubt he has funds to show.

Sites looks very much like Ice-dice. Is it the same script ?

Scrypt is made from scratch by ourselves, a team of 3 people. You can see it for example in the slider feature: you can select an interval like 0.25-0.75, and in almost all other dice sites you can only bet higher or lower than a number. To do this, we can't use any of the existing dice scripts.
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July 06, 2016, 09:40:18 PM
 #23

Investing in bankroll of a brand new dice site? No thanks.
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July 07, 2016, 06:19:19 AM
 #24

Why not be a part of Moneypot? Smiley its the same concept and right now moneypot have a BR on close 1500 BTC, but welcom to the casino games ^^ but you can get bigger players if you use moneypot as your br and minimise your own risk, but its ofc up to you Smiley

Good luck here from vegas! Smiley

We didn't use moneypot, because we wanted to create a multicurrency dice site. Moneypot is only for BTC, we accept +40 cryptocurrencies.

Thats okay, but i know moneypot are working hard on add multi-currency to,:) and 40 coins? in my brian its sound as wast of time when you support 40 coin types there not are converet to coin, and you need to have a multi wallet's hosted as your self, its will cost a lot of server support but i hope you get big, its sound intresseting but take care, coins are not for fun and go after 40 coins sound expeis to hold synced on all orther nodes, Smiley

But very much luck to you, we wish you the best from here Smiley

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July 07, 2016, 07:04:07 AM
 #25

Just be cautious on investing on new sites guys. and at OP, show the community first that you are trusted before doing this, i think its better to get players playing on the dice site first, before looking for investments.

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July 08, 2016, 06:56:05 PM
 #26

 So Cryptosdice has a 1% house edge and investors in the bank roll get 50% of the house wins or losses. That means if the house loses so do we right ? Or do we make % on all bets win or lose ? But that would sounds more like a referral, or am I right ? Please clearify this for me thank you.




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cryptosdice
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July 08, 2016, 07:19:54 PM
 #27

So Cryptosdice has a 1% house edge and investors in the bank roll get 50% of the house wins or losses. That means if the house loses so do we right ? Or do we make % on all bets win or lose ? But that would sounds more like a referral, or am I right ? Please clearify this for me thank you.

Yes, we use the same system that most of dice sites use, like for example satoshidice or bitdice.

Cryptosdice uses a 1% house edge and investors get 50% of the house wins or losses. In the short term both the house and the investors can lose, but in the longer term there is an expected value (EV) of 0.5%. If we get a good volume of wagered coins you can expect to win huge amounts.
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July 08, 2016, 07:37:51 PM
 #28

Thats okay, but i know moneypot are working hard on add multi-currency to,:) and 40 coins? in my brian its sound as wast of time when you support 40 coin types there not are converet to coin, and you need to have a multi wallet's hosted as your self, its will cost a lot of server support but i hope you get big, its sound intresseting but take care, coins are not for fun and go after 40 coins sound expeis to hold synced on all orther nodes, Smiley

Not really, they just use coinpayments.net for processing deposits and withdrawals, which gives them 40+ altcoins support. It's a clever approach, but the coinpayments fee (0.5%?) risks making it uncompetitive with casinos that process transactions for nothing (other than a nominal withdraw fee). I guess the more pressing issue is if/when coinpayments bans the account for unlicensed/unregulated gambling, they'll have a huge mess with no obvious solution.

Anyway, I wish them luck -- it'll be an interesting experiment to watch.
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July 08, 2016, 07:38:55 PM
 #29

So Cryptosdice has a 1% house edge and investors in the bank roll get 50% of the house wins or losses. That means if the house loses so do we right ? Or do we make % on all bets win or lose ? But that would sounds more like a referral, or am I right ? Please clearify this for me thank you.

Yes, we use the same system that most of dice sites use, like for example satoshidice or bitdice.

Cryptosdice uses a 1% house edge and investors get 50% of the house wins or losses. In the short term both the house and the investors can lose, but in the longer term there is an expected value (EV) of 0.5%. If we get a good volume of wagered coins you can expect to win huge amounts.

Haha yes Smiley because the house always wins eventually. 0.5 % is pretty good return on am investment. You have a Kelly right ? If o what would be a good balance ?

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July 10, 2016, 10:35:54 PM
 #30

GAME LAUNCHED
Bets enabled for all currencies with some bankroll. The site is fully automated and dynamic, so other currencies will be activated as soon as somebody invests!
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July 10, 2016, 10:48:31 PM
Last edit: July 10, 2016, 11:49:48 PM by xavier77
 #31

GAME LAUNCHED
Bets enabled for all currencies with some bankroll. The site is fully automated and dynamic, so other currencies will be activated as soon as somebody invests!

Thank you, please do add a chat tab.
I just got my payment https://blockchain.info/tx/1c5f0ea8617f5ef3e911f77cd65e5205d30452122ea41b12548d9fb57176da10
I recommend this website, it is provably fair. I actually won in real time with a handful players betting. I recommend this website to players. The admin is very active.

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July 11, 2016, 01:26:05 AM
 #32

I think adjusting the Kelly to be slightly  higher is the best option right now. When more wages come in I'll bring it down a bit. Then back up when I increase my investment amount.

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July 11, 2016, 10:22:23 AM
 #33

Happy to see the site finally started. I wish you all the luck and will invest anytime soon.

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July 11, 2016, 11:56:55 AM
 #34

Hello,

I made 1 small withdrawal of 0.006 BTC and it is still pending for many hours :s

My username: zero

Can you please check it?

Thank you!

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July 11, 2016, 12:42:24 PM
 #35

I just visited this site, these are the things I would like to tell .
1. Design can be better .
2. Add a chat , so that players can chat and newbies can resolve their problems .
3. Run some promotions to make this site known in gambling industry .

Good luck with your site

edit: Forgot this , 4. Temporary account must be created when a new player enters your site.

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July 11, 2016, 01:46:55 PM
 #36

I just visited this site, these are the things I would like to tell .
1. Design can be better .
2. Add a chat , so that players can chat and newbies can resolve their problems .
3. Run some promotions to make this site known in gambling industry .

Good luck with your site

edit: Forgot this , 4. Temporary account must be created when a new player enters your site.
nice review for this site, Let's see if OP will react on this good review.

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July 11, 2016, 02:01:57 PM
 #37

I just visited this site, these are the things I would like to tell .
1. Design can be better .
2. Add a chat , so that players can chat and newbies can resolve their problems .
3. Run some promotions to make this site known in gambling industry .

Good luck with your site

edit: Forgot this , 4. Temporary account must be created when a new player enters your site.

All these four points were included in my feedback during the beta test. The OP is working on his website and at the same time, trying to keep the site live. You will see new features soon.

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[/]
rambeazle
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Activity: 244
Merit: 250



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July 11, 2016, 02:56:54 PM
 #38

So are withdrawals instant?

Where is the provably fair code? I can just see some vague provably fair paragraph....
cryptosdice
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July 11, 2016, 04:28:09 PM
 #39

Hello,

I made 1 small withdrawal of 0.006 BTC and it is still pending for many hours :s

My username: zero

Can you please check it?

Thank you!




Ok, payment made!
dishku
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July 11, 2016, 04:46:46 PM
 #40

This site is very green so this layout looking very strange, you have any option to customize the theme and this option will be very interesting.
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