Dice EdgeBack/Rakeback discussion

[debuni]

Hi guys,

We've just ANN: 1st Dice EdgeBack/Rakeback service 2 days ago.

How DiceBack.com Works?
We have custom deals with all Offered Dice Sites. This allow us when you make a new account through our links to give you a percentage back from site's house edge. Current payment period is every second Monday (14 days). More HERE.

We want from you to continue to play as you always do. Just, in this case, you will get coins back with no strings attached. Winning or Losing.

Let me give you an example: You choose to play in YOLOdice and register through our site. In next 10 days, you wager 10 BTC. Then you will get in your account 0.015BTC - withdrawal, without any wagering requirements or string attached. 0.15BTC just for playing.

And please note - wager, not lose or win. It's wagering that is counting.

Also EdgeBack/Rakeback is ON TOP on any other VIP levels and Wager contests offered by sites. Account created through us are eligible for all site's perks like any other account. Just as bonus you are getting paid - to play.

As a service creator, we can't see any downsides. And now we need your opinion.

What do you want to see from similar service?

More sites or something else?

What about a Global Prize Leaderboard which is counting your multiple-site wagers into one?

We will appreciate any opinion - good or bad

Thank you and good luck!

[FlightyPouch]

this is great, though what is the percentage of the bitcoin that will be taken back? Lets say the house edge is 1%, then the money that will be taken back is 1% of the money wagered??

[ralle14]

this is great, though what is the percentage of the bitcoin that will be taken back? Lets say the house edge is 1%, then the money that will be taken back is 1% of the money wagered??

Haven't you checked the website? Your answer can be found there and they also have a calculator which is nice. I want to try the service but I already have an account on all of the casinos listed i'll wait until you guys have more sites in the future.

[debuni]

this is great, though what is the percentage of the bitcoin that will be taken back? Lets say the house edge is 1%, then the money that will be taken back is 1% of the money wagered??

Haven't you checked the website? Your answer can be found there and they also have a calculator which is nice. I want to try the service but I already have an account on all of the casinos listed i'll wait until you guys have more sites in the future.

You could make new EdgeBack accounts in Rollin.io, YOLOdice.com and KingDice.com without any problem.

About Crypto-Games.net you will need to choose: They do not allow multi-accounting. If you already have an account with them, you will need to choose. To use your old account without EdgeBack or clear cookies and create a new one. But if your old account is leveled, you will not be able to use those perks in the new one. Like a bigger faucet, more faucet claims, wagered amount, etc. Please DO NOT create a new account and in meantime use the old one. They will lock you.

Do you have any other suggestion beside more sites?

Thank you.

[Catmony]

More sites or something else?

What about a Global Prize Leaderboard which is counting your multiple-site wagers into one?

This two sound quite necessary right now and don't list sites with less than 10% of edgeback. If you can offer higher % return than a normal affiliate commission than no any of your other future clones can get your place.  

Global prize leaderboard sound really cool idea, you can offer big prize for them with some casino's as sponsor of those prizes.

[Patatas]

Just saw someone else thinking of starting something like this and bam,it's already here!
How do you make money out of this ? Apart from advertisements ?Who sets the house edge percentages ? I just tried out the amount I get back after wagering 1000 btc on Crypto-Games,2.10 ..not bad..You should also consider the low ballers who can't afford to put more than 0.02 on daily basis.

[debuni]

More sites or something else?

What about a Global Prize Leaderboard which is counting your multiple-site wagers into one?

This two sound quite necessary right now and don't list sites with less than 10% of edgeback. If you can offer higher % return than a normal affiliate commission than no any of your other future clones can get your place.  

Global prize leaderboard sound really cool idea, you can offer big prize for them with some casino's as sponsor of those prizes.

We are actually opened for all sites, including those with under 10%. For example MoneyPot hardy will offer more because of their business model. Then it's user's choice where to play. And our goal is to offer a wider options.

If you check the commission %, you will find in most cases it's higher even then 'self-referral' tricks people are trying

Just saw someone else thinking of starting something like this and bam,it's already here!
How do you make money out of this ? Apart from advertisements ?Who sets the house edge percentages ? I just tried out the amount I get back after wagering 1000 btc on Crypto-Games,2.10 ..not bad..You should also consider the low ballers who can't afford to put more than 0.02 on daily basis.

Yeah, in past I also had few ideas made by others until I'm over-thinking it.
The calculator is just for to get estimates. Every satoshi's count. 1000BTC or 1BTC wagering, you will get your EdgeBack. With 0.02 you could wager a lot with small bets.

[ajaxmoor]

Why not just extend this cash back to other gambling games and sites as well ?

So to be sure if its : 21% back from House Edge , and the house edge is 1%, then it essentially brings it down to 0.79%, correct?

[Patatas]

Why not just extend this cash back to other gambling games and sites as well ?

I guess there should be a green signal from the gambling sites too ?

So to be sure if its : 21% back from House Edge , and the house edge is 1%, then it essentially brings it down to 0.79%, correct?

Couldn't understand the maths there.Did you consider the wagering % as well ? How did you come down to 0.79 figure ?

[debuni]

Why not just extend this cash back to other gambling games and sites as well ?

So to be sure if its : 21% back from House Edge , and the house edge is 1%, then it essentially brings it down to 0.79%, correct?

Hmm, Reasonable question. Seems will need to add this to FAQ section.

No, its not lowering the house edge. If it's 1%, stays 1%.
BUT you are getting EdbeBack (coins without any string attached) directly back on your account, based on your wagered amount. For example if you wager 100BTC with 1%, theoretically you've "paid" 1BTC house edge. With normal account you will not get any reward for this wager. But if your account is just registered with DiceBack.com, for example in Roll.in and KingDice.com you will get 0.18BTC directly into your account.

Hopefully this makes it how our program works clear?

Why not just extend this cash back to other gambling games and sites as well ?

I guess there should be a green signal from the gambling sites too ?

I guess we will be able to add it one by one. But it depends from sites itself. They need to agree to participate. If you check our ANN Topic, you will see that currently offered sites confirmed their partnership with us.

[raphma]

How do you make money out of this ?

casinos pay a small amount for the referral, the amount they give back to the user is just a percentage of the amount they receive. example, they receive 0.1 from the amount you wagered, they will give you 0.05 and the other 0.05 they keep.

@debuni
Great idea!
i'm on forex for a long time and rakeback services like that is pretty common. i always wanted to see that in gambling too! i'll definitely use your service  

[debuni]

How do you make money out of this ?

casinos pay a small amount for the referral, the amount they give back to the user is just a percentage of the amount they receive. example, they receive 0.1 from the amount you wagered, they will give you 0.05 and the other 0.05 they keep.

@debuni
Great idea!
i'm on forex for a long time and rakeback services like that is pretty common. i always wanted to see that in gambling too! i'll definitely use your service  

Thanks

Yep, explanation is right, but we are giving back 66%-75%+ and even 100%+ of our affiliate commission. As 100%+ is of course for promotional purposes.

[1BitcoinMillionaire]

Genius idea. Already said it, but will be playing through this site for sure!

[Dice-Bet]

Will all poker sites be on this for rakeback?

[debuni]

Genius idea. Already said it, but will be playing through this site for sure!

Thanks

Will all poker sites be on this for rakeback?

Over time, I guess we will add more and more sites, not only dice.
But in next month our focus will be to improve the EdgeBack service with auto-tracking and request, and informative campaign.

Do you want to play in specific site?

[game-protect]

Why not just extend this cash back to other gambling games and sites as well ?

He basically offers sites where he can get a special affiliate commission percentage and therefore his offer will be very limited, because only a few sites offer such deals.

The disadvantage for the few operators who offer a higher commission rate for certain affiliates is that the other affiliates are not happy about this behaviour and will prefer to promote other operators who treat all their affiliates equal.

Despite of this, not many operators allow to forward commissions to referred players, so diceback's offer will be also very limited in future.

So to be sure if its : 21% back from House Edge , and the house edge is 1%, then it essentially brings it down to 0.79%, correct?

Correct!

But you can play directly at SafeDice with only 0,5% house edge = less than any offer from diceback.

Their only interesting offer I can see is Crypto Games with 0,8% house edge - 21% dice back = 0,64% house edge.

The other sites they offer with 1% house edge and you will get 10 or 15% back = 0,9 or 0,85% house edge are not really interesting, if the house edge is the most important part for you.

[ajaxmoor]

The other sites they offer with 1% house edge and you will get 10 or 15% back = 0,9 or 0,85% house edge are not really interesting, if the house edge is the most important part for you.

It should be the most important part for any gambler, unless they wish to compensate for better UI's by increasing the house edge.

Another thing I am curious about is the referral. A lot of sites offer upto 1% referral in extreme cases, wouldn't that be a better way for you(dice-bet) to get more than the 21% of the house edge ?

[debuni]

Why not just extend this cash back to other gambling games and sites as well ?

He basically offer sites where he can get a special affiliate commission percentage and therefore his offer will be very limited, because only a few sites offer such deals.

The disadvantage for the few operators who offer a higher commission rate for certain affiliates is that the other affiliates are not happy about this behaviour and will prefer to promote other operators who treat all their affiliates equal.

Despite of this, not many operators allow to forward commissions to referred players, so diceback's offer will be also very limited in future.

So to be sure if its : 21% back from House Edge , and the house edge is 1%, then it essentially brings it down to 0.79%, correct?

Correct!

But you can play directly at SafeDice with only 0,5% house edge = less than any offer from diceback.

Their only interesting offer I can see is Crypto Games with 0,8% house edge - 21% dice back = 0,64% house edge.

The other sites they offer with 1% house edge and you will get 10 or 15% back = 0,9 or 0,85% house edge are not really interesting, if the house edge is the most important part for you.

Nope, it's not correct. I guess your "protection" is with the same quality. 

If you play on a site with 1%, but with an account registered with us, house edge is staying 1%. But EdgeBack is giving you coins back, from this house edge to your account, up to 21%, without any string attached.

And as you've already stated your point HERE and got an answer.
Let me repeat. Seems you are kind of slow guy.

It's not only EdbeBack. It's site functionality. Site's features. Wager contests. Support. And much more. Please troll somewhere else.
And you do make a different between a lower house edge and coins back in your wallet? Mathematically in a long run it's the same. But not everything is mathematics.
By your logic, everybody should play in SafeDice and not any other site...

As I said. I do believe it is better to get paid 15-21% back from paid house edge with our service, instead of getting 0% back with regular account. For the same play, same site, same action.

The same 0 players will be getting signed up with your affiliate links.

If you want to play at SafeDice, play there.

But if you want to play in Rollin.io, KingDice.com, Crypto-Games.net, YOLOdice.com, DuckDice.io or KingDice.com, then better do it with our link - you will get paid back just for playing

Not every operator give higher affiliate commissions to certain affiliates. So those sites could be excluded from your offer, even though they might offer the best value for the

To comfort you, We've contacted SafeDice before our start and they didn't reply. We are open to all operators.

At least when somebody signed with us, he is getting EdgeBack up to 21%.

When somebody signed with (as you are offering all of your "services" by referral or fee..)... is getting "protection"? lol

Anyway, we prefer to spend our time improving our services, instead of pathetic arguing with you.

The other sites they offer with 1% house edge and you will get 10 or 15% back = 0,9 or 0,85% house edge are not really interesting, if the house edge is the most important part for you.

It should be the most important part for any gambler, unless they wish to compensate for better UI's by increasing the house edge.

Another thing I am curious about is the referral. A lot of sites offer upto 1% referral in extreme cases, wouldn't that be a better way for you(dice-bet) to get more than the 21% of the house edge ?

Usually, sites are giving 10%, but we have a custom deals and can offer higher.

[bitjoin]

This is hard af business to do since most of your dice players are into dice to gamble and not thinking about long term ROI.  Think a few people tried doing this already.  Anyway i would suggest maybe have some extra reasons to sign up via you like prizes or something idk.

[debuni]

This is hard af business to do since most of your dice players are into dice to gamble and not thinking about long term ROI.  Think a few people tried doing this already.  Anyway i would suggest maybe have some extra reasons to sign up via you like prizes or something idk.

Agree. But it's always better to gain something extra percentage back, instead of gain extra 0 with regular account

We currently have Wager Chase with additional prizes on top of the EdgeBack.

And you could participate in any wager contest by sites itself after registering with us. Like current the 1.1BTC  KingDice.