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Author Topic: Just-Dice.com : Invest in 1% House Edge Dice Game  (Read 296907 times)
dooglus
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June 25, 2013, 09:46:35 PM
 #1

I recently set up Just-Dice.com, a dice game where players can chose to roll the dice or use their balance to become investors in the site.

It's been up less than a week and already attracted over 9000 BTC in investments.

There's a thread on the gambling forum where I offer players free bitcents to try the site out and answer questions about the game, but I think it would be useful to have a separate thread for the investors to discuss their concerns.

That's this thread. Have at it! Smiley

...

This is where I publish a list of investment 'base' sizes so people can check that I'm not running a fractional reserve operation. It's updated after the commission run that happens at midnight UTC each Sunday. I only list investments of 0.00010000 BTC and over to save space (we're close to the maximum allowed post length on the forum), though the displayed "sum" includes the omitted small investments.

Click the 'history' tab. Find a recent end-of-period commission" line, and find the last number on that line. Then find it in the correspondingly dated version of this list. If it's not there, complain loudly.

1st September 2013:

Quote
[6543.98454683,3424.13220535,2406.19466415,1873.69260415,1129.46944697,1105.19499118,1095.33596463,1028.43109660,1006.81323914,1000.80249879,937.28442575,923.13978479,872.22878870,810.18340529,631.06113764,628.71817016,628.30265998,590.55038495,580.51599085,578.62777725,572.81946083,504.92230658,504.01444697,501.73806314,468.49388848,460.45962086,452.21244664,438.18555181,417.84779135,386.70461507,386.66654282,380.45779785,373.11026677,355.56099991,335.15421430,319.59998984,315.16469127,305.88144629,303.81968120,301.37018488,300.05830664,297.47327905,268.34057813,245.36972056,233.32663636,225.11518401,223.76125125,218.28647997,214.54596852,212.29712436,202.75758030,201.87029359,200.90431487,196.70969984,186.35840383,170.83484298,170.70501185,161.86350423,160.03205890,153.48466179,146.45797634,141.43144400,140.96797735,140.74585305,137.54516521,137.44758366,132.11685872,124.30120886,123.56441915,121.07605436,120.09181031,117.53273565,115.50029915,114.95092181,113.10834841,110.66262187,108.74892787,105.57223233,105.09157520,103.71902669,103.48511068,101.79245776,101.69121643,101.48192660,100.48059433,100.19795932,99.19416472,99.11856216,98.59557208,98.44770783,95.98194104,94.13005907,92.60221920,90.90200290,90.21956998,82.09233458,80.17813855,79.46567142,76.74727610,75.70639838,73.37426888,72.45214771,71.77746836,69.76370619,66.84478652,65.00658766,62.17418802,61.17884926,60.52931941,59.42624373,59.12508351,57.68500455,57.05557140,55.95382042,55.00765658,54.28579197,53.50363802,53.38668797,52.67321785,52.52478209,51.18951734,51.01308266,50.88085811,50.59119723,50.54171019,50.53458574,50.39989086,50.37706328,50.36955571,50.32129328,50.23096620,50.14946561,50.03760271,49.85275495,49.13281935,48.25978712,48.02391099,47.97354205,46.06954439,45.97767309,44.91231900,43.05366662,42.16772784,41.91705345,41.56559523,41.31062048,40.24603850,40.07382299,39.10455725,38.37518589,37.54393684,37.46279778,37.06332628,36.32462302,35.46779545,35.41582424,35.09908513,34.75184402,34.65858212,34.50664752,34.29891045,33.12714456,31.16119617,31.12934033,30.85158750,30.34824459,30.21516775,30.08274717,29.98118631,29.77074973,29.45140523,28.97826131,27.90907228,27.63478112,27.15141282,27.00516981,26.77052444,26.60608559,25.49137828,25.33317606,25.18309708,24.91431518,24.39759712,23.44689215,23.19434028,22.97006842,22.42582947,21.49947237,21.44172396,21.25995203,21.15052332,20.97372624,20.58967820,20.49929036,20.49808425,20.14756538,19.64150430,18.99957772,18.80733250,17.58108310,17.50231051,17.16536248,16.90612829,16.44421520,16.44311244,16.34534572,16.26905561,15.79720722,15.40721281,15.31021533,15.22082202,14.87288878,14.76179460,14.60924212,14.50374090,14.40826763,14.30600134,14.11797385,13.07954698,12.95298449,12.65469703,12.31905631,12.28510295,12.22779090,12.11541417,12.07466494,11.99994486,11.89695736,11.87800904,11.68894154,11.66255548,11.35803817,11.22285525,11.17195935,11.15438647,11.14458839,11.13304454,10.77793790,10.74592137,10.70084837,10.56453757,10.37617052,10.29056293,10.25598574,10.22615318,10.21531215,10.20171151,10.18251353,10.10778912,10.10540270,10.09977762,10.09475558,10.04827284,10.04765947,10.04561084,10.00474166,9.88348725,9.86209049,9.68980612,9.41271867,9.31711187,9.19081556,9.16641416,9.04310455,9.01573766,8.88149623,8.40522574,8.35028712,8.15416436,7.87433321,7.79542937,7.70830239,7.54174598,7.36078005,7.22740923,7.10880837,7.04236860,6.99122907,6.71351071,6.58057098,6.47142870,6.38294467,6.26395146,6.08797668,6.03980255,6.01850230,5.98441280,5.93595313,5.81347602,5.69353688,5.62456964,5.46822608,5.40265383,5.39278597,5.38367781,5.38202187,5.37620826,5.20614612,5.19381155,5.15112452,5.14377354,5.11747931,5.07973156,5.06299689,5.05910069,5.03808217,5.03106520,5.01752435,5.00000000,4.99185895,4.84830999,4.82124991,4.73511876,4.61571549,4.53815556,4.53181663,4.50988870,4.41253342,4.37503319,4.03787312,4.02766441,4.00612345,4.00271044,3.98572522,3.95309959,3.80533269,3.78159361,3.69095921,3.63290938,3.55225454,3.51816899,3.51095661,3.48310488,3.48217392,3.37031588,3.36454541,3.33005790,3.27232639,3.25280111,3.24923493,3.20167183,3.11998626,3.07532575,3.01722784,3.00193523,2.99196834,2.97769019,2.88414257,2.86376544,2.78988734,2.75288368,2.75050964,2.71037109,2.70549158,2.70295489,2.54455068,2.54083648,2.52815323,2.52005888,2.51662130,2.44789443,2.34426936,2.24843030,2.22529863,2.22139139,2.20855594,2.19382203,2.18245488,2.17195033,2.13806183,2.09281476,2.08526938,2.08247540,2.07492973,2.07415812,2.02951809,2.01507156,2.01451174,2.01329879,2.01261602,2.00000000,1.95028288,1.94132236,1.93231675,1.92676243,1.91337753,1.88910092,1.87206541,1.84991563,1.84081370,1.83011425,1.80000000,1.76489752,1.70590569,1.68960169,1.68746561,1.65094085,1.63634072,1.63225565,1.51108238,1.41997285,1.40808885,1.38779499,1.38653792,1.36577728,1.31867047,1.31348472,1.27649668,1.25295060,1.25118374,1.25095851,1.20703495,1.19121817,1.18298518,1.17913173,1.17831348,1.16758940,1.16101163,1.15677500,1.15677133,1.15062743,1.14149239,1.12391579,1.10081640,1.10058438,1.09479016,1.09263412,1.08915480,1.08740011,1.08411409,1.07952791,1.07837738,1.07599690,1.07533681,1.06946817,1.06592681,1.06555503,1.05725520,1.05189406,1.03172935,1.02053825,1.01907685,1.01660628,1.01462078,1.01286691,1.00649716,1.00614297,1.00602247,1.00601828,1.00588353,1.00106411,1.00021569,1.00000000,0.99520067,0.99381141,0.98907533,0.98053873,0.97670418,0.97444500,0.95328549,0.94754871,0.94184970,0.93334809,0.88750883,0.88726689,0.88400392,0.85879618,0.81913043,0.80234875,0.78749189,0.77802373,0.75640297,0.69608224,0.68657327,0.68573779,0.67811931,0.66388985,0.59998492,0.59412584,0.59328837,0.58403067,0.58267008,0.57583183,0.57023309,0.57004742,0.56588495,0.54746519,0.53727727,0.53499949,0.53020830,0.53000000,0.51567552,0.51087064,0.50862726,0.50583002,0.50270892,0.50032004,0.50027602,0.49984851,0.49801239,0.49214801,0.48742745,0.47980965,0.47803321,0.46714899,0.42581248,0.42317628,0.41349517,0.40119071,0.39245382,0.39213660,0.38115768,0.37790691,0.37545585,0.36007249,0.35702424,0.34391139,0.33601940,0.33501360,0.33442497,0.33337365,0.33149085,0.32393801,0.31299925,0.31232298,0.30807950,0.30041318,0.28820229,0.27893708,0.27407323,0.27321877,0.27321347,0.26990693,0.26377122,0.26168669,0.26083790,0.26060561,0.25188935,0.25091664,0.24254002,0.23603268,0.23227578,0.23084781,0.22232335,0.21784898,0.21581314,0.21023518,0.20918073,0.20879917,0.20569808,0.20230584,0.20207120,0.20203348,0.20019458,0.19864470,0.19788579,0.19588886,0.18713032,0.18649881,0.17416344,0.17369031,0.17175626,0.16511113,0.16446246,0.16025764,0.15576699,0.15402657,0.15265098,0.14819112,0.14783599,0.14770009,0.14551749,0.14234910,0.13791680,0.13635117,0.13122949,0.12617449,0.12511140,0.12222110,0.12056130,0.12003467,0.11998134,0.11882542,0.11798476,0.11709994,0.11665483,0.11597569,0.11473171,0.11045357,0.11032624,0.11008236,0.11002320,0.10978321,0.10651234,0.10448025,0.10357887,0.10293103,0.10239019,0.10206299,0.10124054,0.10073064,0.10061766,0.10057838,0.10052928,0.10050122,0.09949923,0.09838150,0.09829905,0.09506255,0.09193538,0.09104670,0.08601683,0.08587531,0.08482429,0.08339142,0.08268709,0.08249285,0.08097938,0.08090339,0.08046375,0.07939708,0.07845177,0.07789046,0.07747169,0.07204069,0.07172672,0.07153838,0.07096316,0.07080609,0.06771997,0.06468191,0.06227837,0.06157436,0.06040031,0.06022566,0.06000000,0.05881356,0.05834998,0.05834939,0.05792413,0.05669663,0.05036710,0.04987957,0.04970388,0.04929424,0.04891657,0.04785572,0.04668953,0.04625645,0.04387420,0.04387349,0.04364580,0.04258092,0.04042107,0.04036221,0.03959009,0.03927308,0.03899104,0.03862200,0.03737046,0.03711773,0.03699123,0.03670881,0.03409934,0.03409599,0.03265272,0.03244109,0.03215344,0.03183548,0.03133522,0.03057112,0.03035638,0.03024643,0.03016013,0.02995664,0.02992290,0.02933201,0.02910423,0.02845482,0.02725780,0.02698927,0.02690673,0.02676871,0.02657976,0.02626123,0.02577866,0.02546473,0.02544747,0.02496415,0.02459784,0.02414596,0.02333149,0.02316311,0.02282961,0.02279090,0.02266950,0.02178008,0.02173279,0.02137809,0.02130174,0.02058256,0.02030875,0.02021863,0.02008379,0.02003777,0.02003211,0.01957494,0.01842780,0.01829983,0.01811257,0.01809916,0.01784569,0.01769189,0.01702803,0.01698818,0.01694941,0.01648660,0.01639454,0.01629766,0.01544285,0.01503979,0.01465497,0.01464743,0.01388324,0.01337383,0.01314092,0.01304429,0.01303080,0.01277443,0.01255802,0.01222000,0.01207060,0.01196794,0.01189333,0.01159413,0.01139581,0.01132838,0.01082840,0.01078775,0.01065824,0.01065244,0.01064266,0.01063379,0.01052585,0.01051482,0.01045972,0.01043286,0.01040675,0.01040368,0.01022419,0.01018180,0.01011883,0.01006957,0.01006450,0.01005757,0.01001921,0.00983636,0.00969587,0.00964547,0.00947311,0.00910337,0.00884003,0.00871957,0.00861156,0.00847876,0.00776094,0.00762544,0.00732871,0.00707203,0.00704841,0.00698262,0.00678623,0.00600312,0.00565771,0.00533657,0.00528056,0.00526941,0.00517175,0.00503556,0.00499249,0.00477616,0.00423632,0.00422546,0.00422444,0.00393408,0.00389105,0.00360133,0.00344075,0.00336153,0.00329737,0.00329486,0.00309630,0.00301121,0.00300728,0.00295531,0.00294959,0.00283625,0.00277456,0.00276903,0.00264175,0.00238438,0.00233855,0.00233266,0.00222115,0.00217538,0.00214836,0.00211520,0.00210907,0.00210759,0.00204569,0.00199659,0.00195836,0.00191359,0.00189983,0.00189554,0.00186403,0.00165740,0.00162370,0.00161756,0.00160811,0.00160546,0.00154447,0.00150324,0.00140855,0.00123994,0.00117759,0.00116482,0.00115047,0.00111298,0.00110842,0.00110290,0.00109387,0.00109316,0.00106402,0.00103189,0.00100009,0.00096061,0.00095707,0.00092854,0.00090929,0.00088746,0.00086355,0.00084548,0.00083609,0.00083320,0.00081187,0.00079006,0.00078378,0.00078304,0.00077272,0.00074552,0.00071995,0.00071511,0.00071153,0.00069221,0.00067763,0.00067034,0.00065096,0.00062165,0.00062037,0.00061724,0.00060142,0.00058194,0.00057244,0.00056898,0.00056356,0.00054227,0.00054103,0.00054100,0.00052496,0.00049913,0.00049273,0.00047452,0.00047102,0.00046602,0.00045713,0.00045548,0.00044466,0.00044287,0.00044203,0.00043031,0.00041815,0.00040442,0.00039208,0.00038658,0.00038227,0.00037994,0.00037810,0.00037216,0.00033309,0.00033000,0.00032861,0.00032757,0.00031980,0.00031463,0.00031142,0.00030391,0.00029378,0.00028802,0.00028679,0.00028610,0.00028481,0.00026919,0.00026827,0.00025634,0.00025259,0.00025209,0.00023974,0.00022871,0.00020993,0.00020438,0.00020041,0.00017865,0.00017657,0.00017022,0.00016931,0.00016780,0.00014856,0.00014637,0.00013131,0.00013107,0.00012935,0.00012890,0.00012791,0.00011814,0.00011017,0.00010758] (sum = 49875.48720733)

8th September 2013:

Quote
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(sum = 51902.59454942)

15th September 2013:

Quote
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(sum = 52879.66764407)

22nd September 2013:

Quote
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0.22107779,0.21896818,0.20815184,0.20471913,0.20448168,0.20268116,0.19822560,0.18936258,0.18245538,0.17624102,0.17496111,0.17006224,0.16708073,0.15666552,0.14725336,0.13798572,0.13450517,0.12660384,0.12630400,0.12181519,0.12024288,0.11996155,0.11735915,0.11610034,0.11600000,0.10985958,0.10841347,0.10778292,0.10572658,0.10481446,0.10415888,0.10219175,0.10195362,0.10193224,0.10172849,0.10165925,0.10127524,0.10109956,0.10000000,0.10000000,0.10000000,0.09947165,0.09759381,0.09723823,0.09555149,0.09213279,0.08767010,0.08194538,0.08186848,0.08039133,0.07845177,0.07743075,0.07489532,0.07394739,0.07258234,0.07239176,0.07237229,0.06948290,0.06852780,0.06094408,0.06000000,0.05792413,0.05282670,0.05029679,0.05000000,0.04840724,0.04724649,0.04327696,0.04318157,0.04116196,0.04090325,0.04081951,0.04053917,0.04045619,0.03781625,0.03741134,0.03624408,0.03450611,0.03304223,0.03093580,0.03060723,0.03006677,0.02731122,0.02722770,0.02689683,0.02544747,0.02343943,0.02199204,0.02163311,0.02067049,0.01850000,0.01805857,0.01728978,0.01659011,0.01658717,0.01586096,0.01521920,0.01500564,0.01431153,0.01318624,0.01292682,0.01263958,0.01222000,0.01221459,0.01205206,0.01205191,0.01182018,0.01173244,0.01148265,0.01116587,0.01095757,0.01078538,0.01076064,0.01073004,0.01064025,0.01040675,0.01034615,0.01030326,0.01023954,0.01009661,0.01002146,0.01000654,0.01000377,0.01000276,0.01000000,0.01000000,0.01000000,0.01000000,0.01000000,0.01000000,0.01000000,0.01000000,0.01000000,0.01000000,0.00741614,0.00533657,0.00301121,0.00140000,0.00078672,0.00059313,0.00046092,0.00044731,0.00037660,0.00033000,0.00012944] (sum = 42931.88210620)

29th September 2013:

Quote
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(sum = 48703.32304738)

6th October 2013:

Quote
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(sum = 59663.90316539)

From 6th October, these reports will be posted to the Just-Dice blog rather than this forum post.

From 13th October the reported amounts will be the investment sizes (after commission) rather than the 'base' amount, since after the site takes a large loss the sum of the base amounts can be significantly higher than actual BTC holdings.

There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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June 25, 2013, 10:00:47 PM
 #2

A great innovative system that improves on 'dice' type btc betting in nearly every way.

Good luck!
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June 25, 2013, 10:20:07 PM
 #3

A great innovative system that improves on 'dice' type btc betting in nearly every way.

Good luck!

Pretty much this.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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June 25, 2013, 10:21:58 PM
 #4

You are a genius.
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June 25, 2013, 10:25:40 PM
 #5

Dooglus definitely the best stats person in BTC  Wink
Good luck on this venture

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June 25, 2013, 10:27:09 PM
 #6

A great innovative system that improves on 'dice' type btc betting in nearly every way.

Good luck!

Pretty much this.

I am shocked you posted this.
Has someone grown up?
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June 25, 2013, 10:57:41 PM
 #7

Awesome site!

Now rolling dice and investing is much better Smiley

Great usability, simple and fast.

This project is worth few h. btc now imho.
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June 25, 2013, 11:29:34 PM
 #8

A great innovative system that improves on 'dice' type btc betting in nearly every way.

Good luck!

Pretty much this.

I am shocked you posted this.
Has someone grown up?

When MPOE-PR is not berating me, it's because she is busy nodding her head in agreement with me. It is never in between.
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June 25, 2013, 11:33:09 PM
 #9

So if one invests, does he have 1% edge ? or is there any kind of commision for site from that ?

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June 25, 2013, 11:55:51 PM
 #10

A great innovative system that improves on 'dice' type btc betting in nearly every way.

Good luck!

Pretty much this.

I am shocked you posted this.
Has someone grown up?

When MPOE-PR is not berating me, it's because she is busy nodding her head in agreement with me. It is never in between.

@noob: Just because the forum is replete with idiots and you're one of them doesn't mean I don't bat 1000 praising the worthy.

@Factory: Noobs think the world starts and ends with them, and are consequently shocked when the sun sets the first time. Stop feeding them srsly.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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June 26, 2013, 12:06:44 AM
 #11

@Factory: Noobs think the world starts and ends with them, and are consequently shocked when the sun sets the first time. Stop feeding them srsly.

Sorry. They seem hungry.
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June 26, 2013, 12:09:54 AM
 #12

On the stats page, does the amount invested include the amount that the site is up?  Or, should these two numbers be added to determine the house's total bankroll?  Does the amount the site is up get debited when investors make a withdrawal or is it a running total that tracks the profits even after they've been withdrawn?




 

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0.6%-1% House Edge
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June 26, 2013, 12:20:59 AM
 #13

On the stats page, does the amount invested include the amount that the site is up?  Or, should these two numbers be added to determine the house's total bankroll?  Does the amount the site is up get debited when investors make a withdrawal or is it a running total that tracks the profits even after they've been withdrawn?

There's not much relation. The site's bankroll is the site's bankroll. How much it's up reflects a historical counter which may or may not reflect the investments of people currently backing it.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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June 26, 2013, 12:30:11 AM
 #14

There's not much relation. The site's bankroll is the site's bankroll. How much it's up reflects a historical counter which may or may not reflect the investments of people currently backing it.

Are you saying that the site's bankroll and the amount invested are two different things?  I was under the impression that they are one and the same.

 

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June 26, 2013, 12:34:10 AM
 #15

I'm watching the stats page and the ALL USER STATS > INVESTED number changes continuously but at the same time my INVESTED number stays unchanged for 1 or 2 minutes many times. How's that possible?
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June 26, 2013, 12:37:46 AM
 #16

This is way better than other betting dice sites.

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June 26, 2013, 01:09:13 AM
 #17

brilliant

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June 26, 2013, 01:10:36 AM
 #18

Fantastic job so far Dooglus. I'm curious to see how this site develops over the coming months.

And I also can't wait for those wonderfully detailed stats Cheesy

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June 26, 2013, 01:35:13 AM
 #19

Wow! Great concept/work. Going to move some BTC into this when I get home Smiley.

Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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June 26, 2013, 03:19:50 AM
 #20

Dooglus definitely the best stats person in BTC  Wink
Good luck on this venture

Great site. Why didn't I think of that? :p
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