dooglus (OP)
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July 09, 2013, 04:35:21 PM |
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Question: How much do you have to have invested into this site to live off of the investment.
Assumption: To live from your investment, you should make ~$30,000. (Considering you don't pay any taxes)
Profit = (your investment % of site) * (wagered/month) * (.01)
The site was launched on June 20, and now it is July 9 (. There have been a total of 78,469.72206232 wagered. Total site invested: 25,748.67315358
Profit = 30000/100 (BTC/$ being $100) % invested = (YOURINVEST)/25,748.67315358 wagered/month = 78,469.72206232/0.6557377049180328
300 = [(YOURINVEST)/25748.67315358]*[78469.72206232/0.6557377049180328]*[.01] YOURINVEST = 6455.117443680793 BTC = 645511.7443680793
This is also a big overestimation since it takes the average wagered amount since site launch, but in reality the amount wagered is growing exponentially.
You also seem to be assuming there's only one month in a year. Most years have more than that. Or are you trying to earn $30k per month?
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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iANDROID
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Swiss Money all around me!
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July 09, 2013, 04:37:44 PM |
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Question: How much do you have to have invested into this site to live off of the investment.
This is also a big overestimation since it takes the average wagered amount since site launch, but in reality the amount wagered is growing exponentially.
You also seem to be assuming there's only one month in a year. Most years have more than that. Or are you trying to earn $30k per month? You can't live with less than $20k here.
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dooglus (OP)
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July 09, 2013, 04:39:00 PM |
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You also seem to be assuming there's only one month in a year. Most years have more than that. Or are you trying to earn $30k per month?
You can't live with less than $20k here. Per month? ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fcommons%2Fa%2Faa%2FDistribution_of_Annual_Household_Income_in_the_United_States.png&t=665&c=aTgvc9-zzYdhNw)
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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wolverine.ks
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July 09, 2013, 04:50:11 PM |
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Question: How much do you have to have invested into this site to live off of the investment.
This is also a big overestimation since it takes the average wagered amount since site launch, but in reality the amount wagered is growing exponentially.
You also seem to be assuming there's only one month in a year. Most years have more than that. Or are you trying to earn $30k per month? You can't live with less than $20k here. if you take out your profits doesn't the rate of returns slow down?
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dooglus (OP)
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July 09, 2013, 05:05:45 PM |
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if you take out your profits doesn't the rate of returns slow down?
Not if everybody takes out their profits.
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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infested999
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 09, 2013, 05:39:50 PM |
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Question: How much do you have to have invested into this site to live off of the investment.
Assumption: To live from your investment, you should make ~$30,000. (Considering you don't pay any taxes)
Profit = (your investment % of site) * (wagered/month) * (.01)
The site was launched on June 20, and now it is July 9 (. There have been a total of 78,469.72206232 wagered. Total site invested: 25,748.67315358
Profit = 30000/100 (BTC/$ being $100) % invested = (YOURINVEST)/25,748.67315358 wagered/month = 78,469.72206232/0.6557377049180328
300 = [(YOURINVEST)/25748.67315358]*[78469.72206232/0.6557377049180328]*[.01] YOURINVEST = 6455.117443680793 BTC = 645511.7443680793
This is also a big overestimation since it takes the average wagered amount since site launch, but in reality the amount wagered is growing exponentially.
You also seem to be assuming there's only one month in a year. Most years have more than that. Or are you trying to earn $30k per month? I completely forgot. Yes, nobody makes $30k/month. Question: How much do you have to have invested into this site to live off of the investment.
This is also a big overestimation since it takes the average wagered amount since site launch, but in reality the amount wagered is growing exponentially.
You also seem to be assuming there's only one month in a year. Most years have more than that. Or are you trying to earn $30k per month? You can't live with less than $20k here. socialhilfe (poverty line) here is what? 2000CHF/month + 300/month for each child?
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dooglus (OP)
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July 09, 2013, 05:43:46 PM |
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I completely forgot. Yes, nobody makes $30k/month.
And so to make $30k/year with all your assumptions, you would need to invest 6455/12 = 538 BTC?
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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infested999
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July 09, 2013, 06:24:41 PM |
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I completely forgot. Yes, nobody makes $30k/month.
And so to make $30k/year with all your assumptions, you would need to invest 6455/12 = 538 BTC? Yes, but there are so many variables. The amount wagered changes all the time (I used the average since the site launched), and right now we are at 2.5% profit instead of 1%.
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Herbert
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 09, 2013, 08:24:24 PM |
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Btw, here's my last attempt at Martingale... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwKSxXen.png&t=665&c=z5j_y6mj6ZCVZg) Probably I'd be better off not betting all my invest returns ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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dooglus (OP)
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Merit: 1333
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July 09, 2013, 08:28:36 PM |
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Btw, here's my last attempt at Martingale... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwKSxXen.png&t=665&c=z5j_y6mj6ZCVZg) Probably I'd be better off not betting all my invest returns ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) How were you picking high or low? Was it random? It looks like you need a "not" in there somewhere. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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Herbert
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 09, 2013, 08:41:58 PM |
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Btw, here's my last attempt at Martingale... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwKSxXen.png&t=665&c=z5j_y6mj6ZCVZg) Probably I'd be better off not betting all my invest returns ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) How were you picking high or low? Was it random? It looks like you need a "not" in there somewhere. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Yes, it was random. Hah, I'll invert that for the next run. Let's see ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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superbit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 09, 2013, 09:01:35 PM |
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Does anyone have a bot they can send me that I can play around with? PM me if so and I'll send a tip from it's "profits" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I was hoping for a simple martingale bot, but after each loss it would bet 0 until it got 3 losses in a row, then pick back up the betting chain where it left off. And yes I know that the next roll has nothing to do with the last roll....lol, just looking for fun not make $ (that's for my BTC invested in the site to do)
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g83
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 09, 2013, 09:34:26 PM |
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Tried Vlees one yet ? /* Commands: start() - Start the Martingale Bot stopNow() - Stop the Martingale Bot stopAfterWin() - Stop the Martingale Bot After Winning */ //Settings var initialBet = "0.0000010"; var chanceToWin = "10"; //Your don't need to change anything below here var payoutMultiplier; var martingaleMultiplier; var nextBet; var bStopNow = false; var bStopAfterWin = false; function start() { payoutMultiplier = 99/parseFloat(chanceToWin); martingaleMultiplier = payoutMultiplier/(payoutMultiplier-1); nextBet = parseFloat(initialBet); roll(); } function stopNow() { bStopNow = true; } function stopAfterWin() { bStopAfterWin = true; } function roll() { var hi_lo = Math.round(Math.random()); if (hi_lo == 0) hi_lo = 'hi'; else hi_lo = 'lo'; socket.emit("bet", csrf, { chance: chanceToWin, bet: nextBet.toFixed( ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) , which: hi_lo }); } socket.on("wins", function (data) { if (bStopNow || bStopAfterWin) { bStopNow = false; bStopAfterWin = false; return; } nextBet = parseFloat(initialBet); roll(); }); socket.on("losses", function (data) { if (bStopNow) { bStopNow = false; return; } nextBet = nextBet * martingaleMultiplier; roll(); }); socket.on("jderror", function (data) { roll(); });
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infested999
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 09, 2013, 09:47:47 PM |
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Tried Vlees one yet ?
code You have to put that in [ code ] tags, or else the :) will turn into a smiley.
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superbit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 09, 2013, 09:56:39 PM |
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Tried Vlees one yet ? /* Commands: start() - Start the Martingale Bot stopNow() - Stop the Martingale Bot stopAfterWin() - Stop the Martingale Bot After Winning */ //Settings var initialBet = "0.0000010"; var chanceToWin = "10"; //Your don't need to change anything below here var payoutMultiplier; var martingaleMultiplier; var nextBet; var bStopNow = false; var bStopAfterWin = false; function start() { payoutMultiplier = 99/parseFloat(chanceToWin); martingaleMultiplier = payoutMultiplier/(payoutMultiplier-1); nextBet = parseFloat(initialBet); roll(); } function stopNow() { bStopNow = true; } function stopAfterWin() { bStopAfterWin = true; } function roll() { var hi_lo = Math.round(Math.random()); if (hi_lo == 0) hi_lo = 'hi'; else hi_lo = 'lo'; socket.emit("bet", csrf, { chance: chanceToWin, bet: nextBet.toFixed( ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) , which: hi_lo }); } socket.on("wins", function (data) { if (bStopNow || bStopAfterWin) { bStopNow = false; bStopAfterWin = false; return; } nextBet = parseFloat(initialBet); roll(); }); socket.on("losses", function (data) { if (bStopNow) { bStopNow = false; return; } nextBet = nextBet * martingaleMultiplier; roll(); }); socket.on("jderror", function (data) { roll(); }); Saw that, but I have no idea how to use it, was hoping for something a little more user friendly. Or maybe some instructions on how to use it.
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zebedee
Donator
Hero Member
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Merit: 500
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July 09, 2013, 10:01:04 PM |
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dabs - you don't know what you're talking about. Even if you broke ECC you couldn't steal those coins.
Presumably because you would still need to reverse the address hash to find out the public key for that address, whereas the cold wallet has made several spends already and so its public key is - uh - public? Doog, you're smart!
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stephwen
Member
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Merit: 10
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July 09, 2013, 10:06:51 PM |
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Btw, here's my last attempt at Martingale... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwKSxXen.png&t=665&c=z5j_y6mj6ZCVZg) Probably I'd be better off not betting all my invest returns ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Welcome to the club ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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infested999
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 09, 2013, 11:02:00 PM |
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ALL I NEED BENJAMIN ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FC96LKxV.png&t=665&c=FRKUKH6vJueAIA) MONEY OVER EVERYTHING
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Herbert
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 09, 2013, 11:45:29 PM |
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ALL I NEED BENJAMIN ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FC96LKxV.png&t=665&c=FRKUKH6vJueAIA) MONEY OVER EVERYTHING Holy shit ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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dooglus (OP)
Legendary
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2013, 12:01:46 AM |
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ALL I NEED BENJAMIN ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FC96LKxV.png&t=665&c=FRKUKH6vJueAIA) MONEY OVER EVERYTHING Very nice! He got it on only his 8th "bet 1 BTC at low chance, high multiplier" attempt - then left for the day. That's the way to do it!
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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