bustadice – Next Generation Dice

[Lakai01]

-snip-
If you really want people to trust your system, you'll have to prove that you are profitable after an arbitrary # of dice rolls, like ~10,000,000 rolls. Setting a profit goal is not a reliable metric at all.

Your first sentence is right: Over a longer period of time, no one can defeat the House Edge, not even statistically. If that were the case, Bustadice would be closed in no time, because as you say, Daniel also wants to earn money with the website and has nothing to give away.

There is absolutely no system that has to prove itself here, that must be clear. Should there be such a system, gambling itself would be broken, the inventor would have earned billions of dollars and would probably never sell such a system.

[Theones]

-snip-
If you really want people to trust your system, you'll have to prove that you are profitable after an arbitrary # of dice rolls, like ~10,000,000 rolls. Setting a profit goal is not a reliable metric at all.

Your first sentence is right: Over a longer period of time, no one can defeat the House Edge, not even statistically. If that were the case, Bustadice would be closed in no time, because as you say, Daniel also wants to earn money with the website and has nothing to give away.

There is absolutely no system that has to prove itself here, that must be clear. Should there be such a system, gambling itself would be broken, the inventor would have earned billions of dollars and would probably never sell such a system.

In every gambling system there is a catch that cuts out the player profit and hands it over to the administrator. It can be House Edge or any other effect. Thats why many ends up in loss when they do gambling.   

[D217]

The two questions I always have for people selling strategies / bots / etc. is

1. Can you replicate it on a fresh new account. And announce the account before you start.  That way we know that you don't play on N accounts, and then simply announce the best result.

2. Why don't you just instead use your own strategy? Why does it make more sense going through all the effort of selling it, when you could simply use it

I know that you know the answers to these questions, I know you are asking it just to tell them how they are basically selling a scam, and I know you know it is impossible to "guarantee" profit.

However I just want to answer via your questions to anyone who may have doubts. Nobody, and I mean NOBODY can guarantee income, they can't just start a new account, let it be known, and then do it live action so that we can see it, even if they get lucky and make it once, they can't do it few times back to back, a guarantee means they can start 10 accounts, let us know before hand, and do it on 10 different accounts and make a profit in all of those 10, even 50%+ of it being profitable would be good to prove me wrong, but they can't, it is impossible, mathematically impossible. And yes they are not doing it to profit themselves BECAUSE it is not a way to profit, selling it guarantees profit, using it does not.

I can do it whether you believe or not.
I will officially start with brand new accounts once the poll ends (after 100 votes).

https://www.poll-maker.com/poll3817731x70A34c40-119

[Kong Hey Pakboy]

You simply cannot guarantee a profit from playing dice at Bustadice. In the long term it is statistically impossible to overcome the house edge and use a casino game like this as a revenue stream. If it were possible, why would Daniel even keep this site going? Bustadice is not a charity.

It's true, overtime the losses will be so high that even if you are winning the losses is still much greater, that's the right logic to apply, why would run the site if they know that they aren't the one that's winning all the money circulating in the site. Also, does Bustadice still have their bankroll investing?

[Lakai01]

It's true, overtime the losses will be so high that even if you are winning the losses is still much greater, that's the right logic to apply -snip-

The longer you play, the more likely it is that your profit or loss will equal the House Edge. So you're bound to lose over a very long period of time, that's true. But House Edges are not so high that they would drive you to ruin, you do that yourself, for example with very high stakes and very high multipliers, just because you feel "full of luck".

I can do it whether you believe or not.

So you found a way to break probalistic? If so, the next Nobel Prize is definitely yours, congrats!

[RILWAN]

It's true, overtime the losses will be so high that even if you are winning the losses is still much greater, that's the right logic to apply -snip-

I can do it whether you believe or not.

i am not doubting your abillity but then it to hard to believe as gambling sites have the own system on ground to combat such skills.

So you found a way to break probalistic? If so, the next Nobel Prize is definitely yours, congrats!
[/quote]
well let not be too quick to congratulate the ops as he needs to prove that with a winning from reputable site e.g. Butadice for us to be sure he has that skills to break the probably fair system.

[Lakai01]

-snip-
well let not be too quick to congratulate the ops as he needs to prove that with a winning from reputable site e.g. Butadice for us to be sure he has that skills to break the probably fair system.

That was sarcastic and not meant seriously

I don't assume that he has found a way to trick the probability calculation and thus found a strategy that gives him constant profits. Such a thing is only possible if he would have found a bug on Bustadice/Bustabit that he exploits. However, since both casinos have been on the market for a very long time and hundreds of thousands of Bitcoins have been gambled away, I think this is also unrealistic.

[pmgNOFFIRG]

the first bustadice default, is only one crypto is supported, btc fees are to high,  realy to high... usualy on casinos i deposit about 25$, and btc fee is around 15$.... You understood that is disqualifying for me. But native scripting support makes me want to play

[Mahanton]

the first bustadice default, is only one crypto is supported, btc fees are to high,  realy to high... usualy on casinos i deposit about 25$, and btc fee is around 15$.... You understood that is disqualifying for me. But native scripting support makes me want to play

No, they arent static ones but rather dynamic which does depend on bitcoin network condition.
https://bustadice.com/faq#withdrawal-fee

[TheQuin]

the first bustadice default, is only one crypto is supported, btc fees are to high,  realy to high... usualy on casinos i deposit about 25$, and btc fee is around 15$.... You understood that is disqualifying for me. But native scripting support makes me want to play

No, they arent static ones but rather dynamic which does depend on bitcoin network condition.
https://bustadice.com/faq#withdrawal-fee

They said deposit so I think they mean that the exchange they use charges exorbitantly high static withdrawal fees. That really isn't the fault of any Bitcoin casino.

[milewilda]

the first bustadice default, is only one crypto is supported, btc fees are to high,  realy to high... usualy on casinos i deposit about 25$, and btc fee is around 15$.... You understood that is disqualifying for me. But native scripting support makes me want to play

No, they arent static ones but rather dynamic which does depend on bitcoin network condition.
https://bustadice.com/faq#withdrawal-fee

They said deposit so I think they mean that the exchange they use charges exorbitantly high static withdrawal fees. That really isn't the fault of any Bitcoin casino.

Not actually correlated since you are the ones who do make out deposit.It doesnt matter if it comes from an exchange or your own non or custodial wallet.You are obliged to pay up some fees
neither a combination of additional charges + network fees or would be totally just the network fee alone.You wouldnt be having no choice but if you are on an exchange then you could
easily make out swaps but bustadice do only accept bitcoin which means you dont have any choice.

[toast]

the first bustadice default, is only one crypto is supported, btc fees are to high,  realy to high... usualy on casinos i deposit about 25$, and btc fee is around 15$.... You understood that is disqualifying for me. But native scripting support makes me want to play

Bustadice doesn't do anything with your deposit they don't charge that to you, the miners do or the exchange site where you are going to withdraw that will charge you. You can consider lowering the transaction fee but you need to wait a little while before you can receive confirmation but I think in regards with the withdrawal I think they have a low withdrawal fee.

[TheQuin]

the first bustadice default, is only one crypto is supported, btc fees are to high,  realy to high... usualy on casinos i deposit about 25$, and btc fee is around 15$.... You understood that is disqualifying for me. But native scripting support makes me want to play

No, they arent static ones but rather dynamic which does depend on bitcoin network condition.
https://bustadice.com/faq#withdrawal-fee

They said deposit so I think they mean that the exchange they use charges exorbitantly high static withdrawal fees. That really isn't the fault of any Bitcoin casino.

Not actually correlated since you are the ones who do make out deposit.It doesnt matter if it comes from an exchange or your own non or custodial wallet.You are obliged to pay up some fees
neither a combination of additional charges + network fees or would be totally just the network fee alone.You wouldnt be having no choice but if you are on an exchange then you could
easily make out swaps but bustadice do only accept bitcoin which means you dont have any choice.

It makes a massive difference which exchange you use or if you use your own wallet. It's the exchanges charging high static fees that are the problem and not high Bitcoin network fees. The site I work for is currently charging 0.00000080 BTC for a slow withdrawal, you could deposit for less than 0.00000200 BTC using your own wallet and get confirmed in the next block but Binance for example always charge 0.00050000 BTC.

[shawon01]

It's actually been that since long time ago. People rarely come to chat on bustadice, different with their other site, bustabit which people still active chatting on there. But i don't think we need make the chat box on bustadice active, since the main reason for us to come to bustadice is to gamble

Having a chat function adds a sense of community in the site that's why some people want to add it as a feature plus, you have to be a really special person that your opinion that they shouldn't add a chat feature isn't a good thing, I am sure gamblers want to take a break too while not getting out of the site you know?

What I think is that you misunderstood his posting. He is not talking about bustadice and chat box offer but he thinks that many players have no participation in other citrates and I do any of them. Of course chat boxes are an important feature for many players but I personally  I don't choose gambling sites based on features and I choose sites based on ideas

[qwertyup23]

You simply cannot guarantee a profit from playing dice at Bustadice. In the long term it is statistically impossible to overcome the house edge and use a casino game like this as a revenue stream. If it were possible, why would Daniel even keep this site going? Bustadice is not a charity.

If you really want people to trust your system, you'll have to prove that you are profitable after an arbitrary # of dice rolls, like ~10,000,000 rolls. Setting a profit goal is not a reliable metric at all.

I wholeheartedly agree with you. There is a reason on why gambling websites (in general) have house edges- at the end of the day, they are still business whose goal is to earn money and profit.

Like what you mentioned, statistically, it is near impossible to profit from a streak of gambling activities. With the house edge being present, the more you bet, the more chances that it will impact the edge against you. That is why, gambling is a game of risk in which it is essential that you only bet just for the thrill of it or due to the fact that you just want to test your luck out.

[D217]

https://bustadice.com/player/drtest

Whether you believe or not, I proved with the test account.

[gamblingbad]

someone have problem withdraw their money from this site?  i guess its another scam site. i guess it be since it make it so hard to withrawl from site

[logfiles]

someone have problem withdraw their money from this site?  i guess its another scam site. i guess it be since it make it so hard to withrawl from site

What exactly is the problem, and what message are you getting when trying to withdraw?

Bustadice is pretty solid, they have been in business for a while and have built their reputation throughout the years only to try and scam @gamblingbad?
It doesn't make sense.

Make a full report of what you have experience and let the support or members get you some answers.

[noormcs5]

someone have problem withdraw their money from this site?  i guess its another scam site. i guess it be since it make it so hard to withrawl from site

You cannot call a gambling site a scam site if you face a problem or delay in withdrawal. There may be some issue at your end which might be causing the withdrawal problem and it should be solved if you contact the support.

If the majority of the people are complaining about the bustadice, then we may come to a conclusion about the trust worthiness of the site but for now, there is no such issue with bustadice.

[Yaunfitda]

someone have problem withdraw their money from this site?  i guess its another scam site. i guess it be since it make it so hard to withrawl from site

I'm sure that you are not a newbie in crypto gambling. Because not every casino can process withdrawal very quick. It might be pending on their side for various reason. May I know how much your are withdrawing though? Maybe they just want to check everything is right before allowing it. You can talk to their support for assistance to see what is going on inside first before accusing them.