KINGDICE.COM - Bitcoin Dice & Invest in bankroll

[kolloh]

Guys, what would your opinion be, for leverage investment option ?

I think leverage investment is a good idea. A lot of sites seem to offer this method of investment. Although it seems that a lot of users just use the max leverage so it may not make a ton of difference if everyone does that. But it lets users choose how much they want to risk which is pretty nice.

It will definetely increase our max profit limit! 

Oh yeah, I forgot about that benefit. That is definitely a good reason to look into it. Increased max win is always a great thing to have!

[KingDice]

Guys, what would your opinion be, for leverage investment option ?

I think leverage investment is a good idea. A lot of sites seem to offer this method of investment. Although it seems that a lot of users just use the max leverage so it may not make a ton of difference if everyone does that. But it lets users choose how much they want to risk which is pretty nice.

It will definetely increase our max profit limit! 

Oh yeah, I forgot about that benefit. That is definitely a good reason to look into it. Increased max win is always a great thing to have!

Yeah, so many players will like to play big!

[retrocoingames]

Guys, what would your opinion be, for leverage investment option ?

I think you should give investors the option 

[KingDice]

Guys, what would your opinion be, for leverage investment option ?

I think you should give investors the option 

Yeah, what risks you believe we shall put as options ?

[retrocoingames]

Guys, what would your opinion be, for leverage investment option ?

I think you should give investors the option 

Yeah, what risks you believe we shall put as options ?

My personal opinion would be:

0.5x (for the risk adverse)
1x (what you currently have)
2x
5x
10x (for the risk seekers)

I am not a coder so if that many options is hard to do maybe just the 1x (current level) and 5x.

[BTCevo]

Guys, what would your opinion be, for leverage investment option ?

I think you should give investors the option 

Yeah, what risks you believe we shall put as options ?

My personal opinion would be:

0.5x (for the risk adverse)
1x (what you currently have)
2x
5x
10x (for the risk seekers)

I am not a coder so if that many options is hard to do maybe just the 1x (current level) and 5x.

Do you think 10x is not too much? If some whale lose when we are doing 10x, site will be hard to pay then though. Moreover if they put huge bankroll on their investment. And many site they can offer 5x for their maximum, if not this will drain your bankroll real fast

[spamvoid]

Hello everybody.. I'm new to these btc casino's and did a little research on investing.
Currently I got some BTC invested in the KingDice website.

It's been only 2 days now but at the moment i'm negative in profit. I've kept track of the house bankroll and as long as that was shrinking my profit was getting negative..
What I don't understand is that the bankroll of the house after 2 days now has grown and is bigger then when I initially invested.

How is it possible that I'm still in the negative?
Anybody here who could shed some light on this?

Cheers!

[seuntjie]

Hello everybody.. I'm new to these btc casino's and did a little research on investing.
Currently I got some BTC invested in the KingDice website.

It's been only 2 days now but at the moment i'm negative in profit. I've kept track of the house bankroll and as long as that was shrinking my profit was getting negative..
What I don't understand is that the bankroll of the house after 2 days now has grown and is bigger then when I initially invested.

How is it possible that I'm still in the negative?
Anybody here who could shed some light on this?

Cheers!

The bankroll does not equal profit.

It is likely that the bankroll shrunk because people were winning, thus the house was losing, thus you were losing. But then someone invested again, meaning the bankroll went up, but not the site profit.

You need to remember, your profit is tied to the profit of the site. You get (your investement/total bankroll)% of the site profit, and you pay (your investement/total bankroll)% of the site losses. This also means that if you have 10% of the bankroll, when the site loses 1 btc, you pay 0.1 btc of the losses, but if someone invests a bunch of coins and your investment drops to 9%, when the site wins back the 1 btc, you only get 0.09btc back. This could go both ways though. You the site could lose btc while you have 10% of the bankroll, and then someone could divest and the site wins bank while you're on 11% of the bankroll, winning back more than you lost initially.

[spamvoid]

Ok that makes sense, would it mean I just have to be patient and in the long run profits will arise? (can't really see how u can run a casino otherwise without profits)

[seuntjie]

Ok that makes sense, would it mean I just have to be patient and in the long run profits will arise? (can't really see how u can run a casino otherwise without profits)

Yes. The site can expect <house edge>% (in this case, 1%)  profit every time <bankroll amount> (in this case, 66.87 btc) is wagered on the site.  This doesn't happen every time, sometimes it loses some, sometimes it makes more than 1%, but over time it evens out and you as investor can expect (the expect is important. I'm not saying you will) (1% profit - commission) for every time the bankroll is turned over/wagered.

[retrocoingames]

Guys, what would your opinion be, for leverage investment option ?

I think you should give investors the option 

Yeah, what risks you believe we shall put as options ?

My personal opinion would be:

0.5x (for the risk adverse)
1x (what you currently have)
2x
5x
10x (for the risk seekers)

I am not a coder so if that many options is hard to do maybe just the 1x (current level) and 5x.

Do you think 10x is not too much? If some whale lose when we are doing 10x, site will be hard to pay then though. Moreover if they put huge bankroll on their investment. And many site they can offer 5x for their maximum, if not this will drain your bankroll real fast

10x is definitely really high, but if the investor wants to go for it then why not.

[debuni]

Hi,

Where I can find chat commands? Like for tip a person who is not in the chat?

I've tried !help, /help and so on already.

[AUDREY23]

I am beginning to register very easily without a lot of requirements, just enter a user name alone can play but we have to deposit first, because there is no balance for the free trial, thanks

[SamsungBitcoin]

I am beginning to register very easily without a lot of requirements, just enter a user name alone can play but we have to deposit first, because there is no balance for the free trial, thanks

Most of the gambling sites has no bonus upon your registration you need to have a capital to play gambling and if you do not know how to gamble i think much better to avoid it. Most of the users wreck their life because of gambling.

[masterzino]

Guys, what would your opinion be, for leverage investment option ?

I think you should give investors the option 

Yeah, what risks you believe we shall put as options ?

My personal opinion would be:

0.5x (for the risk adverse)
1x (what you currently have)
2x
5x
10x (for the risk seekers)

I am not a coder so if that many options is hard to do maybe just the 1x (current level) and 5x.

It's very similar to yolodice investment options.
But I find quite interesting the idea for 0.5x to reduce risk/variance, at the price of the profit.

I could suggest you one slider for choosing Investment multiplier. From 0.5 to 10. Not just fixing it.

[spamvoid]

Ok that makes sense, would it mean I just have to be patient and in the long run profits will arise? (can't really see how u can run a casino otherwise without profits)

Yes. The site can expect <house edge>% (in this case, 1%)  profit every time <bankroll amount> (in this case, 66.87 btc) is wagered on the site.  This doesn't happen every time, sometimes it loses some, sometimes it makes more than 1%, but over time it evens out and you as investor can expect (the expect is important. I'm not saying you will) (1% profit - commission) for every time the bankroll is turned over/wagered.

Thanks for all the information! Can you tell me how many times a month the bankroll is turned over/wagered?

[NLNico]

I get the error "Invalid Login". If I remember correctly, I had that before when your servertime was off (causing the 2FA to fail.) Can you check this? TY.

[KingDice]

I get the error "Invalid Login". If I remember correctly, I had that before when your servertime was off (causing the 2FA to fail.) Can you check this? TY.

Hey,

Our time is automatically set, and its the correct one. Can you refresh and try once more ?

[Betwrong]

Looks like the site is becoming more and more popular. Right now there are 85 players online (first time I see so many players online on Kingdice). Also it's nice that you still can claim 500 satoshis from the faucet, I thought it was a temporary promotion.

[NLNico]

Our time is automatically set, and its the correct one. Can you refresh and try once more ?

Did a password reset and works now, guess my password manager saved wrong password hehe (: