bustadice – Next Generation Dice

[sheenshane]

i love the UI btw,,,simple,clean and nice looking

This is what I like before when this gambling site was launched and I also participate in promoting through wearing signature on my account.
First thing I had noticed is the UI which is clearly to use especially newcomers and newbies in gambling. Even now I am seldom to gamble but still visiting the site. And also speaking investing the bankroll I know you can earn more profit from ROI.

[1714986682]

1714986682

[beerlover]

The advantage of investing into this website is that if bitcoin price goes down you have more btc so you are in profit, if btc price goes up you still have more btc so you earn double. Basically investing here never disappointing, there is absolutely no scenario where investing into the bankroll could be a bad business decision, I don't know why but I prefer to invest into bustabit more .

I know they are basically the same thing for owners sake and shouldn't matter but that was the first one I invested into and I just didn't feel like switching teams you know? However, if I had seen this one first I would totally invest here as well. This place (and bustabit of course) is one of the most technically run well oiled machine place I have ever seen in crypto, not from marketing not from design not from community support and all that but purely amazing development that is unparalleled anywhere.

[sunsilk]

With that said, you can actually be part of their bankroll by investing. Another one, is you are secured that bustadice has their funds covered by the owner and it is very highly likely that they will never run out of funds.

I think it is fewer here in the forum gambling sites dice that allow investing investors to put investment in the bankroll. I think they have a high ROI from your investment. That is the advantage of eldest gambling sites, they already build trust from their costumer while a newly launched will need to prove their selves just to be trusted soon. In the gambling industry, there's a lot of competitors and I think they are doing their best now.

Yes, if you will look upon most of the casinos existing here, you can count on how many of them are offering investing to their bankroll. But high ROI, I don't think so, investing in bankroll for example in bustadice won't grow your money as quick as you are thinking.

This is a long term investment and commitment that you had to agree. Competitions are everywhere and obviously with the number of casinos that has different games and others that are focused solely with dice has also its competition but bustadice remains humble being part of the top dice sites.

Since the bustadice bankroll is massive, most investors will only get a small stake in the bankroll if they invest, and thus their ROI won't be insane. But, it's a worthy trade off, since they get top notch security and accountability from two of the most trusted names in the space. 100% worth it and the best option for investing imo.

This is way better and legitimate than those that will ask you for a certain amount of investment and will give you too good to be true returns.

Management of bustadice are reputable and you can sleep at night properly without thinking on what, when and how you're going to get your profit.

I don't know why but I prefer to invest into bustabit more .

No worries, bustadice and bustabit, both has good track of record and no competition intended. 

[felicita]

i would love to see a normal auto bet UI not these script think...
Would be much more user-Friendly XD


regards

[pingpongball]

In the past I've already reduced the maximum leverage for new offsite investments a number of times to discourage overleveraging and today I am disabling the ability to make new offsite investments entirely. Existing offsite investments are unaffected. Investors with offsite investments can still add to or remove from their onsite bankroll without being forced to divest their offsite portion. It is also possible to lower your offsite investment without fully removing it.

I initially invested when it was still possible to do so with 5x leverage.  The message above seems to indicate that those leveraged investments are "grandfathered in", so to speak.

Today I attempted to divest a relatively small amount from my onsite bankroll, an amount which would have left my onsite bankroll significantly larger than 1/4 of my offsite investment, but I still received the error message "That would cause you to become overleveraged. Decrease your offsite investment first." 

So unfortunately it appears that it is NOT possible to divest from one's onsite bankroll without being forced to divest some (all?) of one's offsite investment, which is certainly a disappointment.

I'm wondering if the system is in error, or if this is indeed the way things are supposed to be?

[devans]

I initially invested when it was still possible to do so with 5x leverage.  The message above seems to indicate that those leveraged investments are "grandfathered in", so to speak.

Today I attempted to divest a relatively small amount from my onsite bankroll, an amount which would have left my onsite bankroll significantly larger than 1/4 of my offsite investment, but I still received the error message "That would cause you to become overleveraged. Decrease your offsite investment first." 

So unfortunately it appears that it is NOT possible to divest from one's onsite bankroll without being forced to divest some (all?) of one's offsite investment, which is certainly a disappointment.

I'm wondering if the system is in error, or if this is indeed the way things are supposed to be?

That's a consequence of the maximum permitted leverage being lowered to 3:1 a while back, so it's working as expected. While nobody was forced to divest back then either, any changes to an investor's offsite bankroll were required to not exceed the new allowed leverage.

The more recent change disables adding to your offsite bankroll, but it doesn't change the maximum permitted leverage (which is still important when you reduce your onsite or offsite).

[pingpongball]

That's a consequence of the maximum permitted leverage being lowered to 3:1 a while back, so it's working as expected. While nobody was forced to divest back then either, any changes to an investor's offsite bankroll were required to not exceed the new allowed leverage.

The more recent change disables adding to your offsite bankroll, but it doesn't change the maximum permitted leverage (which is still important when you reduce your onsite or offsite).

Thank you very kindly for the prompt reply.

So if I've understood you correctly the new minimum onsite bankroll is 50% of the value of the offsite bankroll (=3x leverage), is that right?

[RHavar]

Thank you very kindly for the prompt reply.

So if I've understood you correctly the new minimum onsite bankroll is 50% of the value of the offsite bankroll (=3x leverage), is that right?

I believe it's 33%, not 50%. As Daniel said 3:1  offsite:onsite.  So I assume it means if your offsite is 3 btc, your onsite should be 1 or greater if you want to further divest your onsite.


So my understanding is there were basically 2 changes. The first which was longer ago was a change of max-offsite ratio of 5:1 to 3:1. No one was grandfathered into the new limit, however the limit only kicks in when investing/divesting in a way that increases your offsite percentage (i.e. no one was forcibly divested).


Then there was a second change, which was effectively setting the max-offsite ratio to 0:1. However, people with an existing offsite were grandfathered in with the old max-offsite ratio (3:1) when divesting onsite, but also restricted from further increasing their offsite.

BTW a neat trick to decrease your onsite:offsite ratio is to invest onsite at the same time as divesting offsite. That means you don't have to pay dilution fee.   (as you're not changing the size of your stake against the "virtual" bankroll)

[jak3]

oh boy looks like we got a big site with the high bankroll. I mean common 5,863 BTC !!. Seriously? and almost 50% of it is onsite. I mean why not just put 10% of it and let others wait for a little for withdrawal. I think waiting like 4-6hours for withdrawal is also tolerable than another hack of 2,000 BTC. and by the way, I see some sites made a replica of this like stake.com made the replica of this and named it lotto.

[xvids]

With that said, you can actually be part of their bankroll by investing. Another one, is you are secured that bustadice has their funds covered by the owner and it is very highly likely that they will never run out of funds.

I think it is fewer here in the forum gambling sites dice that allow investing investors to put investment in the bankroll. I think they have a high ROI from your investment. That is the advantage of eldest gambling sites, they already build trust from their costumer while a newly launched will need to prove their selves just to be trusted soon. In the gambling industry, there's a lot of competitors and I think they are doing their best now.

Yes, if you will look upon most of the casinos existing here, you can count on how many of them are offering investing to their bankroll. But high ROI, I don't think so, investing in bankroll for example in bustadice won't grow your money as quick as you are thinking.

This is a long term investment and commitment that you had to agree. Competitions are everywhere and obviously with the number of casinos that has different games and others that are focused solely with dice has also its competition but bustadice remains humble being part of the top dice sites.

Since the bustadice bankroll is massive, most investors will only get a small stake in the bankroll if they invest, and thus their ROI won't be insane. But, it's a worthy trade off, since they get top notch security and accountability from two of the most trusted names in the space. 100% worth it and the best option for investing imo.

I don't think their investors are expecting a huge return from their investment at the website, for me it's like buying a stocks from a company since they will give you share of their earning and the stock price also increase like bitcoin, but it's more risky investing with crypto instead of stocks.

Well at least they have some savings and they are getting some profit from the site even if they aren't gambling,
I really like the idea of investing in a gambling site just imagine if you invested in their early stage and they made it like BaB that has been operating for almost 5 or already 5 years now.
You already have your ROI and pretty much earn a huge profit already,
The only problem in investing in a gambling site is if they wouldn't last long and if they run out of gamblers in their site.

[devans]

oh boy looks like we got a big site with the high bankroll. I mean common 5,863 BTC !!. Seriously? and almost 50% of it is onsite. I mean why not just put 10% of it and let others wait for a little for withdrawal. I think waiting like 4-6hours for withdrawal is also tolerable than another hack of 2,000 BTC. and by the way, I see some sites made a replica of this like stake.com made the replica of this and named it lotto.

Onsite investments are investments that are actually deposited to bustadice as opposed to offsite investments, which just increase the investor's share of the profits and losses without actually being deposited. However, the majority of the site's funds are still in a cold wallet, i.e. there aren't 2,000+ BTC in the hot wallet right now.

[devans]

Thank you very kindly for the prompt reply.

So if I've understood you correctly the new minimum onsite bankroll is 50% of the value of the offsite bankroll (=3x leverage), is that right?

Yes, that's correct. In other words you can have 2 BTC offsite for every 1 BTC you have onsite.

[bhabygrim]

I don't know why but I prefer to invest into bustabit more .

No worries, bustadice and bustabit, both has good track of record and no competition intended. 

They are both manage by the same person so why would you even be worried about it?
And they have told it on the very first post on this thread .
But if you can invest why not invest in both of the site .

[Alpinat]

This dice game looks amazing but definitely had to do some research before trying.

Had some research? Well if you do really hobby is to research first then you should start now. But, for me and for everyone that try the bustabit it is very legitimate and very fair. It is just I am enjoying when I am playing bustadice and bustabit.

[JollyGood]

This dice game looks amazing but definitely had to do some research before trying.

Had some research? Well if you do really hobby is to research first then you should start now. But, for me and for everyone that try the bustabit it is very legitimate and very fair. It is just I am enjoying when I am playing bustadice and bustabit.

Congratulations on finding a site you are happy with.

Bustabit and Bustadice both have excellent reputations but so do Bitsler, Stake and Primedice but always do your research before you part with your crypto.

[rdbase]

This dice game looks amazing but definitely had to do some research before trying.

Not much into doing research in this site.
All you can really do is check the user profiles who have used the site and see if they are in profile and for how long.
Following the chat also helps because mostly there is someone is saying they have had a winning streak in the past couple of rolls and when they just see straight reds across the board being under the 1.50x multiplier.

[Timetwister]

Signature campaigners strike again.

[devans]

A fairly simple-looking, looks like a handy site. However, users should be informed more about security and should be more transparent to users.

Also, the statistics table looks quite confused.

What specifically do you suggest bustadice should be more transparent about?

In my opinion the statistics table is very straight-forward, but I'm happy to explain if you have any questions.

[StackGambler]

A fairly simple-looking, looks like a handy site. However, users should be informed more about security and should be more transparent to users.

Also, the statistics table looks quite confused.

What specifically do you suggest bustadice should be more transparent about?

In my opinion the statistics table is very straight-forward, but I'm happy to explain if you have any questions.

It's just a bunch of randoms shitposting nonsense trying to get their post count up. bustabit is the most transparent gambling site with the easiest to understand stats, imo. bitcointalk has become a cesspool 

[maxijo]

Any support online now?
I need help urgently..
Had sent message via support page but still waiting for reply..
Pls assist
Thanks