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Author Topic: bustadice – Next Generation Dice  (Read 37207 times)
CaptainZohan
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February 26, 2020, 09:55:57 AM
 #761

Thank you for the detailed explanation! The fact that the comission is paid only on the net profit really calms me down. Could you please also explain the dilution fee in details?
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February 26, 2020, 12:48:18 PM
 #762

Thank you for the detailed explanation! The fact that the comission is paid only on the net profit really calms me down. Could you please also explain the dilution fee in details?

What is the dilution fee?
To encourage long-term investments, a stable bankroll size and to reward earlier investors, there is a dilution fee of 2 % on all investments. This fee is split proportionally among all bankroll investors, including the new investor. Consequently the effective fee is always lower than 2 %.


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February 27, 2020, 07:59:39 PM
 #763

I'm sorry for asking again, but still the description isn't clear enough for me. What is the moment of taking the fee? Why is the effective fee lower than 2%? And how does it work in terms of dilution itself? Could you please explain it in details? Thanks a lot in advance!
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February 27, 2020, 08:48:18 PM
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 #764

I'm sorry for asking again, but still the description isn't clear enough for me. What is the moment of taking the fee? Why is the effective fee lower than 2%? And how does it work in terms of dilution itself? Could you please explain it in details? Thanks a lot in advance!

If you invest X bitcoin, busta treats it as if you invested 0.98*X and gives you a stake accordingly. Then 0.02*X gets added to the bankroll (thus profit shared amongst all investors, which you are now part of).

The idea is just to make it a fair-ish way of being reasonably expensive to invest/divest, to avoid certain types of abuse/misuse if investing/divesting was free (e.g. over-leveraging into the bankroll, then temporarily divesting when whales start playing) and compensates investors for getting diluted.

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
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February 27, 2020, 10:41:03 PM
 #765

This is certainly a new platform but in the space of dice gambling there are already, no names mentioned, so many casinos that you can play dice for hours.
So what does exactly this platform bring that isn't already exist or is being utilised by the other gambling dice casinos?

I'm just trying to understand where you stand on this competition, surely this is an easy question given that probably this was the first thing you did in your market research report.

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February 29, 2020, 09:30:19 AM
Merited by DarkStar_ (5), devans (5)
 #766

This is certainly a new platform but in the space of dice gambling there are already, no names mentioned, so many casinos that you can play dice for hours.
So what does exactly this platform bring that isn't already exist or is being utilised by the other gambling dice casinos?

I'm just trying to understand where you stand on this competition, surely this is an easy question given that probably this was the first thing you did in your market research report.
Bustadice isn't a new site. It has been running for years. Bustadice weekly wagered amount is constantly on the top among other dice sites (https://dicesites.com/).
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March 09, 2020, 05:42:33 PM
Last edit: March 09, 2020, 09:48:30 PM by sunsilk
 #767

Do others are also experiencing the same difficulty accessing the site? hoping that devans will notice it, as soon as he gets online again.

Edit: they are back online now.
Yes, it's back now and good that quick.

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March 09, 2020, 05:52:12 PM
 #768

Do others are also experiencing the same difficulty accessing the site? hoping that devans will notice it, as soon as he gets online again.

Yeah seems bustadice and bustabit are both down at the moment.

Edit: they are back online now.
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March 20, 2020, 10:50:33 PM
 #769

I can't log in to bustadice for an hour
I am worried about any problems.
Please solve this problem as soon as possible
Please tell me what caused this.
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March 21, 2020, 07:17:55 AM
 #770

I can't log in to bustadice for an hour
I am worried about any problems.
Please solve this problem as soon as possible
Please tell me what caused this.

Please submit a support request at https://bustadice.com/support and I'll take a look. Make sure to describe the problem in detail and include any error messages that you might see.
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March 21, 2020, 12:04:50 PM
 #771

Login now works fine !!

BUT

I can't withdraw Please take a quick action

https://i.postimg.cc/ZK1KT3yg/errwith.png
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April 29, 2020, 01:48:07 AM
 #772

Has anyone ever hit a multiplier like this one before? Undecided

Didnt have a wager on it nor put the target multipler up high enough to even profit from it. I skipped it. Roll Eyes
Havent realized it goes up to this much as most of the time I see it go 8x or 80x sometimes when I roll.



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April 29, 2020, 12:28:08 PM
 #773

Has anyone ever hit a multiplier like this one before? Undecided

Didnt have a wager on it nor put the target multipler up high enough to even profit from it. I skipped it. Roll Eyes
Havent realized it goes up to this much as most of the time I see it go 8x or 80x sometimes when I roll.




Yahoo won even higher multipliers of above 20k  Grin

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April 29, 2020, 01:33:29 PM
 #774

Has anyone ever hit a multiplier like this one before? Undecided


My best multiplier ever was 15k but it was not at bustadice. It was on a crash game on other site but my bet was few hundred satoshi only. It is always nice to hit such huge multiplier although our bet is just small amount. My best multiplier on dice game was 9900x but again it was with few satoshi only.
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April 30, 2020, 12:54:52 AM
 #775

No, i never hit or set my bet to hit more than 1000x multipler on crash game since i know it will took long time to hit. The biggest multipler i've seen on crash game was more than 1million multipler (it was 1,xxx,xxx). I ever hit 9900x too on other game (dice game) with 500 sats, so i've profited 0.049+ BTC.

Biggest multipler i've ever hit on crash game was around 20x only
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May 01, 2020, 01:48:40 PM
 #776

Just a few days ago, there was a player with the username Harutora, he posted one of his bet id in the chatroom which shows he hits the multiplier of 1,000,000x, but he skipped that bet and wasted the biggest multiplier number that players could ever hit in bustadice.

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May 01, 2020, 03:21:02 PM
 #777

Ouch! If the details he posted were correct then that must have hurt and probably will do so for a long time to come.

Just a few days ago, there was a player with the username Harutora, he posted one of his bet id in the chatroom which shows he hits the multiplier of 1,000,000x, but he skipped that bet and wasted the biggest multiplier number that players could ever hit in bustadice.

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May 15, 2020, 09:30:20 PM
 #778

I came here to appreciate your Withdrawal process and  withdrawal fee  Wink

No delays in approval for instant withdraws. No stupid excuses of "verifying" withdraws like some platforms do. If the withdrawal is instant in Bustadice, It's Instant!

During the course of time i have checked out a number of gambling platform but the way you set up your withdrawal fees and the options available for instant and other withdrawals beats them all.

The fee is also dynamic and keeps adjusting after each block is confirmed and it's also one of the lowest among most gambling platforms. I was shocked to find out recently that some platforms even charge a withdrawal fee 10 times that of Bustadice  Shocked Shocked

This goes to show that bustadice are honest and are not after making profits out of withdrawal fees.

Hats off to devans.

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May 20, 2020, 07:40:22 AM
 #779

bustadice will be offline on Sunday (May 24) for a server upgrade. I estimate that the downtime will last around three hours.
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May 24, 2020, 02:04:58 PM
 #780

bustadice is now offline for a server upgrade. I estimate that the downtime will last up to four hours. Once we're back online I'll update this thread.
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