Just-Dice.com : now with added CLAMs : Play or Invest

[dooglus]

Just-Dice.com

Check out the gambling site I made.  It's a dice game, with the following features:

What's your point?

[MICRO]

Dooglus any plans for redesign of the site or some other coins?

[Timetwister]

Dooglus any plans for redesign of the site or some other coins?

I wonder how much would be wagered per day if the website looked better and there was some marketing going on.

[MICRO]

Dooglus any plans for redesign of the site or some other coins?

I wonder how much would be wagered per day if the website looked better and there was some marketing going on.

Well as proven many times people seem to stick to trust and integrity of the sites. Not rly in for design.

But clam seems very bad choice for gambling. There are so many way better coins. Thats why im wondering why clam why still not any other coins.

[dooglus]

Dooglus any plans for redesign of the site or some other coins?

No plans.

But clam seems very bad choice for gambling. There are so many way better coins. Thats why im wondering why clam why still not any other coins.

Why is CLAM a bad choice? It has 1 minute confirmations, is proof of stake, and has a low market cap.

JD switched from BTC to CLAM because its bankroll was too big. At one point the JD bankroll was 65k BTC. That's many times more than the entire CLAM market cap, so it can't get that big again.

The only thing I miss is a more stable CLAM client. It's annoying that the CLAM client doesn't sync the blockchain very reliably and needs to be restarted, but the bootstrap.dat file I provide mostly works around that shortcoming.

[Timetwister]

Using CLAMS is fine, it's basically like Just-Dice casino chips/shares of the "company". Some marketing may help increase how much is wagered per day, though. I remember some time ago there was a signature campaign in this forum, maybe we could try that again.

[MICRO]

Dooglus any plans for redesign of the site or some other coins?

No plans.

But clam seems very bad choice for gambling. There are so many way better coins. Thats why im wondering why clam why still not any other coins.

Why is CLAM a bad choice? It has 1 minute confirmations, is proof of stake, and has a low market cap.

JD switched from BTC to CLAM because its bankroll was too big. At one point the JD bankroll was 65k BTC. That's many times more than the entire CLAM market cap, so it can't get that big again.

The only thing I miss is a more stable CLAM client. It's annoying that the CLAM client doesn't sync the blockchain very reliably and needs to be restarted, but the bootstrap.dat file I provide mostly works around that shortcoming.

Yes i remember why you switched to it.

But seems that clam does not have anything going for it except JD. But as timetwister said its kindof JD chips now so i guess that is ok.

[BayAreaCoins]

17:19:43 (411) <Ticker> → (1485941) <#BayAreaCoins> CLAM per BTC : 1851.85185185 ... 1618366 CLAM = 873.91764000 BTC ... ::: NEXT PRICE UPDATE IN ::: 112.62 Seconds !

This is how many CLAMS there are left to buy that are outside of Just-Dice invested.  

(Assuming there isn't a whale digger leaking us slowly and stealthily.)

[Crikien]

17:19:43 (411) <Ticker> → (1485941) <#BayAreaCoins> CLAM per BTC : 1851.85185185 ... 1618366 CLAM = 873.91764000 BTC ... ::: NEXT PRICE UPDATE IN ::: 112.62 Seconds !

This is how many CLAMS there are left to buy that are outside of Just-Dice invested. 

(Assuming there isn't a whale digger leaking us slowly and stealthily.

That is a sight to behold.  I hope that with the supply drying up, prices start to rise again.  Do you think we are at a fair value for clams right now or ...?  I was not expecting to see it go this low, but I'm glad I was around for it. 

[Timetwister]

Bankroll keeps rising, average leverage keeps rising, while wagered per day keeps dropping. The expected return from investing is very low now. It's time to consider divesting.

[Josepht]

Bankroll keeps rising, average leverage keeps rising, while wagered per day keeps dropping. The expected return from investing is very low now. It's time to consider divesting.

LOL, why would you want to divest? It's better to have a small ROI then no ROI at all. At least, you're still getting staked coins, and you're making a small profit at the same time.

[Timetwister]

Bankroll keeps rising, average leverage keeps rising, while wagered per day keeps dropping. The expected return from investing is very low now. It's time to consider divesting.

LOL, why would you want to divest? It's better to have a small ROI then no ROI at all. At least, you're still getting staked coins, and you're making a small profit at the same time.

Right now the expected return investing is similar to just staking yourself on your wallet (you'd save 10% on the staked amount).

[Crikien]

Bankroll keeps rising, average leverage keeps rising, while wagered per day keeps dropping. The expected return from investing is very low now. It's time to consider divesting.

LOL, why would you want to divest? It's better to have a small ROI then no ROI at all. At least, you're still getting staked coins, and you're making a small profit at the same time.

Right now the expected return investing is similar to just staking yourself on your wallet (you'd save 10% on the staked amount).

But you would lose the cost of the electricity and time towards making sure it was always staking.  The convenience is worth a lot and the skim off the top isn't that much.  But if you feel that way, more power to you.  For now, I will remain invested with JD and keep an eye out for cheap clams - eventually it will be worth the staking but for now my position is much to small to justify going solo.

[Timetwister]

Bankroll keeps rising, average leverage keeps rising, while wagered per day keeps dropping. The expected return from investing is very low now. It's time to consider divesting.

LOL, why would you want to divest? It's better to have a small ROI then no ROI at all. At least, you're still getting staked coins, and you're making a small profit at the same time.

Right now the expected return investing is similar to just staking yourself on your wallet (you'd save 10% on the staked amount).

But you would lose the cost of the electricity and time towards making sure it was always staking.  The convenience is worth a lot and the skim off the top isn't that much.  But if you feel that way, more power to you.  For now, I will remain invested with JD and keep an eye out for cheap clams - eventually it will be worth the staking but for now my position is much to small to justify going solo.

Yeah, sure, if you are going to stake with 10 CLAM or something ridiculous (I'm not saying it's your case) then electricity costs are relevant. But once you have 5 figures of CLAM, at the current super low expected profit from investing (assuming average wagered per day is about 20 000 CLAM) it starts to make sense to just divest and mine yourself.

[MandyViki]

Support request #701828, I am getting the system generated messages but no update on how long it will take to be resolved.
Request for its resolution.

If need be i am ready to provide the details again as and when requested.

[Timetwister]

I wonder where does the wagered money come from. Is it mainly from people that deposit CLAM and bet them, as in conventional casinos? I'm very curious about how much of what is wagered comes from deposits and how much from investors. The bankroll seems quite stable, which may imply that some investors are actually gambling their CLAM. Or maybe they are just being withdrawn, sold on an exchange to players, who then deposit and bet.

[Faust Roland]

Some ROI observations:
Two years ago (855 days to be precise) I made separate account and deposit and invested there only 1 Clam to for comparison as from my regular investor account I deposit and withdraw sometimes.
Set off-site to max every few months.
Today there are 4.062 Clams
Based on the compound interest formula the yearly Roi is about 60% (where pure clam staking is about 30%)

:-)

[dooglus]

Some ROI observations:
Two years ago (855 days to be precise) I made separate account and deposit and invested there only 1 Clam to for comparison as from my regular investor account I deposit and withdraw sometimes.
Set off-site to max every few months.
Today there are 4.062 Clams
Based on the compound interest formula the yearly Roi is about 60% (where pure clam staking is about 30%)

:-)

Thanks for posting that.

I made an account in December 2014, invested an amount at 1x (no offsite) and haven't touched it since.

The week-by-week returns have been as follows. The first number is the weekly return, and the 2nd is the cumulative return:

Dec 12 2014     0.00%   100.00%
Dec 15 2014     3.64%   103.64%
Dec 22 2014     5.02%   108.85%
Dec 29 2014     2.09%   111.13%
Jan  5 2015     8.16%   120.20%
Jan 12 2015     5.28%   126.55%
Jan 19 2015     3.55%   131.04%
Jan 26 2015     2.10%   133.79%
Feb  2 2015     2.10%   136.60%
Feb  9 2015     1.94%   139.24%
Feb 16 2015     1.93%   141.93%
Feb 23 2015     1.95%   144.70%
Mar  2 2015     1.81%   147.32%
Mar  9 2015     1.77%   149.93%
Mar 16 2015     1.73%   152.53%
Mar 23 2015     1.74%   155.18%
Mar 30 2015     1.67%   157.78%
Apr  6 2015     1.65%   160.38%
Apr 13 2015     1.63%   162.99%
Apr 20 2015     1.58%   165.57%
Apr 27 2015     1.64%   168.28%
May  4 2015     1.60%   170.98%
May 11 2015     1.56%   173.65%
May 18 2015     1.48%   176.22%
May 25 2015     1.59%   179.03%
Jun  1 2015     1.55%   181.81%
Jun  8 2015     1.49%   184.52%
Jun 15 2015     1.41%   187.13%
Jun 22 2015     1.42%   189.78%
Jun 29 2015     1.30%   192.24%
Jul  6 2015     1.38%   194.90%
Jul 13 2015     1.33%   197.49%
Jul 20 2015     1.42%   200.31%
Jul 27 2015     1.30%   202.90%
Aug  3 2015     1.26%   205.45%
Aug 10 2015     1.24%   207.99%
Aug 17 2015     1.22%   210.52%
Aug 24 2015     1.18%   213.00%
Aug 31 2015     1.20%   215.57%
Sep  7 2015     1.12%   217.98%
Sep 14 2015     1.06%   220.30%
Sep 21 2015     1.05%   222.60%
Sep 28 2015     0.99%   224.81%
Oct  5 2015     1.01%   227.08%
Oct 12 2015     0.99%   229.34%
Oct 19 2015     0.91%   231.42%
Oct 26 2015     0.98%   233.69%
Nov  2 2015     0.89%   235.76%
Nov  9 2015     0.89%   237.85%
Nov 16 2015     0.86%   239.89%
Nov 23 2015     0.90%   242.04%
Nov 30 2015     0.83%   244.05%
Dec  7 2015     0.74%   245.85%
Dec 13 2015     0.67%   247.50%
Dec 21 2015     0.69%   249.22%
Dec 28 2015     0.68%   250.92%
Jan  4 2016     0.69%   252.65%
Jan 11 2016     0.71%   254.44%
Jan 18 2016     0.70%   256.22%
Jan 25 2016     0.68%   257.96%
Feb  1 2016     0.66%   259.67%
Feb  8 2016     0.67%   261.41%
Feb 15 2016     0.70%   263.25%
Feb 22 2016     0.76%   265.26%
Feb 29 2016     0.66%   267.00%
Mar  7 2016     0.68%   268.81%
Mar 14 2016     0.68%   270.63%
Mar 21 2016     0.68%   272.48%
Mar 28 2016     0.69%   274.37%
Apr  4 2016     0.63%   276.11%
Apr 11 2016     0.61%   277.78%
Apr 18 2016     0.64%   279.57%
Apr 25 2016     0.64%   281.36%
May  2 2016     0.64%   283.17%
May  9 2016     0.61%   284.90%
May 16 2016     0.67%   286.80%
May 23 2016     0.76%   288.98%
May 30 2016     0.63%   290.80%
Jun  6 2016     0.64%   292.66%
Jun 13 2016     0.59%   294.38%
Jun 20 2016     0.67%   296.36%
Jun 27 2016     0.59%   298.11%
Jul  4 2016     0.63%   299.98%
Jul 11 2016     0.59%   301.76%
Jul 18 2016     0.58%   303.51%
Jul 25 2016     0.60%   305.34%
Aug  1 2016     0.58%   307.11%
Aug  8 2016     0.61%   308.98%
Aug 15 2016     0.60%   310.82%
Aug 22 2016     0.64%   312.82%
Aug 29 2016     0.62%   314.76%
Sep  5 2016     0.60%   316.67%
Sep 12 2016     0.62%   318.63%
Sep 19 2016     0.71%   320.89%
Sep 26 2016     0.69%   323.10%
Oct  3 2016     0.63%   325.15%
Oct 10 2016     0.61%   327.15%
Oct 17 2016     0.62%   329.19%
Oct 24 2016     0.71%   331.52%
Oct 31 2016     0.63%   333.59%
Nov  7 2016     0.64%   335.72%
Nov 14 2016     0.63%   337.82%
Nov 21 2016     0.59%   339.83%
Nov 28 2016     0.58%   341.79%
Dec  5 2016     0.58%   343.78%
Dec 12 2016     0.57%   345.75%
Dec 19 2016     0.59%   347.79%
Dec 26 2016     0.56%   349.75%
Jan  2 2017     0.54%   351.65%
Jan  9 2017     0.50%   353.42%
Jan 16 2017     0.54%   355.32%
Jan 23 2017     0.54%   357.24%
Jan 30 2017     0.54%   359.19%
Feb  6 2017     0.55%   361.15%
Feb 13 2017     0.53%   363.08%
Feb 20 2017     0.52%   364.98%
Feb 27 2017     0.52%   366.86%
Mar  6 2017     0.54%   368.83%
Mar 13 2017     0.57%   370.92%
Mar 20 2017     0.52%   372.84%
Mar 27 2017     0.55%   374.89%
Apr  3 2017     0.67%   377.41%
Apr 10 2017     0.72%   380.12%
Apr 17 2017     0.75%   382.97%
Apr 24 2017     0.74%   385.80%
May  1 2017     0.75%   388.71%
May  8 2017     0.81%   391.86%
May 15 2017     0.98%   395.69%
May 22 2017     0.95%   399.45%
May 29 2017     0.95%   403.26%
Jun  5 2017     0.95%   407.10%
Jun 12 2017     1.01%   411.21%
Jun 19 2017     0.99%   415.30%
Jun 26 2017     1.05%   419.67%
Jul  3 2017     1.01%   423.92%
Jul 10 2017     0.96%   428.01%
Jul 17 2017     0.87%   431.72%
Jul 24 2017     1.08%   436.36%
Jul 31 2017     0.89%   440.24%
Aug  7 2017     0.77%   443.64%
Aug 14 2017     0.82%   447.30%
Aug 21 2017     0.85%   451.08%
Aug 28 2017     0.90%   455.14%
Sep  4 2017     0.82%   458.88%
Sep 11 2017     0.79%   462.52%
Sep 18 2017     0.78%   466.12%
Sep 25 2017     0.84%   470.01%
Oct  2 2017     0.89%   474.19%
Oct  9 2017     0.91%   478.49%
Oct 16 2017     0.92%   482.88%
Oct 23 2017     0.84%   486.92%
Oct 30 2017     0.79%   490.79%
Nov  6 2017     0.71%   494.29%
Nov 13 2017     0.70%   497.77%
Nov 20 2017     0.71%   501.31%
Nov 27 2017     0.71%   504.89%

So in a little under 3 years, 1x investors have made 404% profit, multiplying their investment by a little over 5x. That's in CLAMs. I didn't check how it works out in other currencies.

[dooglus]

Shortly after introducing the concept of "offsite investment", I made another account and invested at 25x there. I haven't adjusted the offsite amount since then. It is currently sitting at just 11.21x, as the onsite amount grows while the offsite amount stays exactly constant.

The weekly returns (in the same format as in the previous post) have been as follows:

Mar  7 2015     0.00%   100.00%
Mar  9 2015     0.64%   100.64%
Mar 16 2015     2.53%   103.18%
Mar 23 2015     4.01%   107.32%
Mar 30 2015     2.06%   109.53%
Apr  6 2015     2.51%   112.27%
Apr 13 2015     2.48%   115.05%
Apr 20 2015     1.42%   116.69%
Apr 27 2015     3.43%   120.69%
May  4 2015     0.52%   121.32%
May 11 2015     0.94%   122.46%
May 18 2015     0.37%   122.91%
May 25 2015     5.65%   129.86%
Jun  1 2015     4.59%   135.83%
Jun  8 2015     4.12%   141.42%
Jun 15 2015     2.00%   144.25%
Jun 22 2015     3.48%   149.28%
Jun 29 2015    -3.45%   144.13%
Jul  6 2015     1.81%   146.73%
Jul 13 2015     0.72%   147.79%
Jul 20 2015    10.40%   163.16%
Jul 27 2015     3.62%   169.07%
Aug  3 2015     2.59%   173.44%
Aug 10 2015     2.92%   178.51%
Aug 17 2015     1.87%   181.85%
Aug 24 2015     1.66%   184.88%
Aug 31 2015     2.90%   190.25%
Sep  7 2015     2.23%   194.50%
Sep 14 2015     1.45%   197.33%
Sep 21 2015     1.30%   199.90%
Sep 28 2015    -0.78%   198.34%
Oct  5 2015     1.86%   202.03%
Oct 12 2015     2.43%   206.95%
Oct 19 2015    -1.08%   204.71%
Oct 26 2015     3.26%   211.38%
Nov  2 2015     0.12%   211.64%
Nov  9 2015     1.09%   213.95%
Nov 16 2015     0.00%   213.96%
Nov 23 2015     1.86%   217.94%
Nov 30 2015     1.30%   220.77%
Dec  7 2015     1.67%   224.46%
Dec 13 2015     0.63%   225.87%
Dec 21 2015     0.77%   227.60%
Dec 28 2015     0.58%   228.92%
Jan  4 2016     0.88%   230.92%
Jan 11 2016     1.28%   233.88%
Jan 18 2016     1.44%   237.25%
Jan 25 2016     1.10%   239.86%
Feb  1 2016     0.91%   242.06%
Feb  8 2016     0.97%   244.40%
Feb 15 2016     2.90%   251.48%
Feb 22 2016     4.33%   262.38%
Feb 29 2016     0.76%   264.37%
Mar  7 2016     1.19%   267.51%
Mar 14 2016     0.66%   269.29%
Mar 21 2016     1.01%   272.02%
Mar 28 2016     1.64%   276.47%
Apr  4 2016     1.20%   279.78%
Apr 11 2016     0.18%   280.27%
Apr 18 2016     0.95%   282.93%
Apr 25 2016     0.94%   285.60%
May  2 2016     0.88%   288.10%
May  9 2016     0.57%   289.75%
May 16 2016     1.49%   294.06%
May 23 2016     3.44%   304.17%
May 30 2016     0.49%   305.66%
Jun  6 2016     1.18%   309.26%
Jun 13 2016     0.27%   310.11%
Jun 20 2016     2.37%   317.45%
Jun 27 2016     1.20%   321.27%
Jul  4 2016     1.19%   325.09%
Jul 11 2016     0.76%   327.57%
Jul 18 2016     0.37%   328.79%
Jul 25 2016     1.07%   332.32%
Aug  1 2016     0.80%   334.98%
Aug  8 2016     0.73%   337.42%
Aug 15 2016     0.61%   339.47%
Aug 22 2016     1.04%   343.00%
Aug 29 2016     1.00%   346.44%
Sep  5 2016     0.76%   349.06%
Sep 12 2016     0.73%   351.59%
Sep 19 2016     1.08%   355.38%
Sep 26 2016     0.79%   358.18%
Oct  3 2016     0.63%   360.45%
Oct 10 2016     0.78%   363.28%
Oct 17 2016     0.55%   365.29%
Oct 24 2016     1.90%   372.21%
Oct 31 2016     0.54%   374.21%
Nov  7 2016     1.16%   378.54%
Nov 14 2016     1.17%   382.98%
Nov 21 2016     0.70%   385.67%
Nov 28 2016     0.50%   387.59%
Dec  5 2016     0.64%   390.07%
Dec 12 2016     0.69%   392.75%
Dec 19 2016     1.09%   397.02%
Dec 26 2016     0.79%   400.17%
Jan  2 2017     0.54%   402.35%
Jan  9 2017     0.20%   403.15%
Jan 16 2017     0.69%   405.93%
Jan 23 2017     0.72%   408.85%
Jan 30 2017     0.63%   411.41%
Feb  6 2017     0.73%   414.43%
Feb 13 2017     0.56%   416.77%
Feb 20 2017     0.44%   418.59%
Feb 27 2017     0.40%   420.25%
Mar  6 2017     0.72%   423.29%
Mar 13 2017     1.25%   428.57%
Mar 20 2017     0.36%   430.11%
Mar 27 2017     0.67%   433.01%
Apr  3 2017     1.58%   439.86%
Apr 10 2017     0.97%   444.14%
Apr 17 2017     0.98%   448.51%
Apr 24 2017     0.86%   452.34%
May  1 2017     0.97%   456.72%
May  8 2017     1.13%   461.88%
May 15 2017     1.58%   469.17%
May 22 2017     1.20%   474.79%
May 29 2017     1.03%   479.71%
Jun  5 2017     1.05%   484.75%
Jun 12 2017     1.40%   491.55%
Jun 19 2017     0.86%   495.79%
Jun 26 2017     1.31%   502.28%
Jul  3 2017     1.13%   507.93%
Jul 10 2017     0.71%   511.55%
Jul 17 2017    -0.28%   510.10%
Jul 24 2017     3.27%   526.76%
Jul 31 2017     0.93%   531.63%
Aug  7 2017    -0.29%   530.10%
Aug 14 2017     0.98%   535.28%
Aug 21 2017     0.98%   540.50%
Aug 28 2017     1.75%   549.95%
Sep  4 2017     1.07%   555.85%
Sep 11 2017     0.72%   559.83%
Sep 18 2017     0.56%   562.95%
Sep 25 2017     0.87%   567.84%
Oct  2 2017     0.69%   571.73%
Oct  9 2017     0.94%   577.09%
Oct 16 2017     0.89%   582.22%
Oct 23 2017     0.92%   587.55%
Oct 30 2017     1.25%   594.92%
Nov  6 2017     0.50%   597.89%
Nov 13 2017     0.83%   602.86%
Nov 20 2017     1.02%   609.00%
Nov 27 2017     1.03%   615.26%

[dooglus]

You'll notice that the 1x investor has never seen a negative week, while the most risky investor has seen several. The riskier investor has made bigger overall returns in a shorter time however, as expected.