bustadice – Next Generation Dice

[BTCevo]

Nice job here, as I can see this is a nother new dice game which offer really simple design but of course with huge bankroll in it. But if I can ask here, is the method of getting the multiplier exactly the same as bustabit? From what I see here, there is no actual number that become our result, there is only multiplier which give the result of our profit

And one more question here. Do you intend to give out the max bet that we can bet here or may be max profit that we can take so people do not confuse when it comes to martingale strategy

[devans]

Nice job here, as I can see this is a nother new dice game which offer really simple design but of course with huge bankroll in it. But if I can ask here, is the method of getting the multiplier exactly the same as bustabit? From what I see here, there is no actual number that become our result, there is only multiplier which give the result of our profit

Each bet's multiplier is calculated from its hash, just like in bustabit. The way we come up with the hash is different, though. You can read about how it works in this high-level technical overview from Ryan.

But from the player's perspective, verifying bets is virtually identical to how it's done in other provably fair dice casinos: The server generates a server seed and you pick a client seed. Then, after you've finished playing, you reveal the server seed and check your rolls. Take a look at the open-source verifier or look at its source code for details.

And one more question here. Do you intend to give out the max bet that we can bet here or may be max profit that we can take so people do not confuse when it comes to martingale strategy

The max bet is only limited by the max profit, which in turn is 0.75 % of the bankroll. Any bet whose potential profit doesn't exceed the max profit is allowed. For example, at the current max profit of approximately Ƀ 6 you could bet Ƀ 6 at 2.00x or Ƀ 600 at 1.01x because both have a potential profit of of Ƀ 6.

Of course you don't need to calculate this yourself. The current max profit will always be shown next to the game controls.

[michkima]

Awesome project you have here guys, something refreshing to see. Great that you didn't go the old and tiring dice again route.
Although, I would like to know the difference with how bustabit works here. Since from the sample game you have on the site
it seems like it's the same as bustabit without the graph and that each player can play their own bustabit game by themselves.
Any more differences we should know off?

I think that's a fair comparison. bustadice is close to what I imagine a single-player bustabit might look like.

The most important gameplay differences to bustabit are that all bets are instantaneous and players don't share the same rolls. This means that games are faster and the max bet–though not necessarily the max profit–is much higher, which should be interesting for whales.

Also, because players don't share the same rolls, bustadice has less variance for the house than bustabit, which is nice for investors.

Thought as much. It's nice especially for the people that love bustabit, since this is the bustabit on fast forward mode. Indeed the name suits the game mechanics.

Well, I am looking forward playing here and hope to hit that 1,000,000 multiplier. Good luck and I hope more investors come in so that max win goes up some more.

[CrazyCraig]

Congrats on the release devans and Ryan. Very nice looking UI.

[veleten]

a breath of fresh air in the pool of the regular dice sites
and the investment system is well worth looking into
pretty confusing for a newbie to be honest with you,took me a couple of re-reading to understand myself
the provably fair with the third party is something totally new
but I could not find the actual HE figures and how do you calculate investor's profit/loss from each separate bet?

[devans]

Congrats on the release devans and Ryan. Very nice looking UI.

Thanks, CrazyCraig!

a breath of fresh air in the pool of the regular dice sites
and the investment system is well worth looking into
pretty confusing for a newbie to be honest with you,took me a couple of re-reading to understand myself
the provably fair with the third party is something totally new
but I could not find the actual HE figures and how do you calculate investor's profit/loss from each separate bet?

The house edge is 1 %. I'll add an example to the FAQ's section on offsite investing with the next update to (hopefully) explain it a little better.

Investors are collectively charged 0.25 % (25 % of the house edge) of each wager as a commission. After that the investors receive the entire profit or loss of every wager. How much an individual investor gains or loses is proportional to his share in the bankroll. For example if your onsite plus offsite makes up 1 % of the bankroll, you'll receive 1 % of the profit/loss.

[devans]

With only eight hours to go until betting starts, investors have contributed a total of Ƀ 1,745 to the bankroll so far.

Quick reminder: Until the countdown on the play page reaches zero, the dilution fee of 10 % is waived. If you plan on investing, be sure to take advantage of that!

[JackpotRacer]

With only eight hours to go until betting starts, investors have contributed a total of Ƀ 1,745 to the bankroll so far.

Quick reminder: Until the countdown on the play page reaches zero, the dilution fee of 10 % is waived. If you plan on investing, be sure to take advantage of that!

very nice Bank Roll already

are bustadice owners allowed to invest in the Bank Roll

good luck

[Awnar]

I would like to ask this simple question if there's an affiliate program on your dice site? 

I'm too excited for the release hope to see an active players on the chat box. 6 hours and 30 minutes before the release, see you later guys.

[devans]

I would like to ask this simple question if there's an affiliate program on your dice site? 

I'm too excited for the release hope to see an active players on the chat box. 6 hours and 30 minutes before the release, see you later guys.

We don't offer an affiliate program right now and don't have any plans for one in the immediate future.

I'm looking forward to the full release as well. See you there in a couple of hours!

[Josepht]

Just 3 hours to go, and the bankroll is looking pretty healthy!

So at launch it looks like the max-profit is going to be >21.645 bitcoin ($93k USD at current prices). As far as I can tell, this is the largest max-profit[1] of any bitcoin casino at the moment. Or anyone aware of something bigger? Hopefully the whales take note 


[1] Sites like bustabit have a bigger max profit, but they constrain the max-bet. So I'm looking at it from the perspective someone trying to do something like a 2x bet

As you can see in my casino overview thread, Primedice has a max win of 50 BTC. I couldn't find it on their site, but I've asked around a bit, and it seems that it's 50 BTC. It isn't confirmed by a mod or something, but it looked like everyone agreed on that amount.

Still an impressive result I'd say. I'm looking forward to the launch in a few hours

[NLNico]

Just 3 hours to go, and the bankroll is looking pretty healthy!

So at launch it looks like the max-profit is going to be >21.645 bitcoin ($93k USD at current prices). As far as I can tell, this is the largest max-profit[1] of any bitcoin casino at the moment. Or anyone aware of something bigger? Hopefully the whales take note 


[1] Sites like bustabit have a bigger max profit, but they constrain the max-bet. So I'm looking at it from the perspective someone trying to do something like a 2x bet

As you can see in my casino overview thread, Primedice has a max win of 50 BTC. I couldn't find it on their site, but I've asked around a bit, and it seems that it's 50 BTC. It isn't confirmed by a mod or something, but it looked like everyone agreed on that amount.

Still an impressive result I'd say. I'm looking forward to the launch in a few hours

The PD FAQ says max win is 30 BTC (so on 2x it's 15 BTC = less than 21 BTC.) Unless FAQ is outdated (which is possible I guess.) Technically SafeDice has a higher max profit but the HE will be 1.7 - 5% on those amounts.


edit: either way, bustadice BR/max profit indeed looks good

[devans]

With a max profit of Ƀ 22 at launch we're finally live! Come join us at bustadice.com/play!

[Mad Bitcoin]

Congrats for the launch, It's such a fastest roll dice ever.

[amrulshare]

i just registed   ,
another new dice game with  good design and fast load, i has been confused when I first play. but,  the no longer it is fun  

[devans]

Thanks, I'm glad you enjoy it!

[trepxtz]

Awesome job, guys. Is there any chance that bustadice will support altcoins in the future? Other sites have added coins such as eth, ltc, monero, bch, etc.

[devans]

Awesome job, guys. Is there any chance that bustadice will support altcoins in the future? Other sites have added coins such as eth, ltc, monero, bch, etc.

While I won't rule it out, it's not on the roadmap at the moment. For the time being, bustadice will only support Bitcoin.

[devans]

bustadice saw its first bet larger than Ƀ 1 today!

After losing a little over Ƀ 2 in an initial streak of bad luck, Lmfao56 managed to climb back into the black with just a few big wagers and withdraw a small profit:

[piloder]

I used to play a lot in bustabit before where we can manually cashout/exit at multiplier we like and I think that is quite good feature bustabit script have, so adding it back as option will be nice in my opinion.

The majority of users' funds is securely held in 2-of-3 cold storage with keys split among Daniel of bustadice, Ryan of bustabit and a neutral third party.

Good to know that Ryan of bustabit is also working as escrow in the site, investment option with leverage is really nice feature.