Just-Dice.com : Invest in 1% House Edge Dice Game

[HowGudAmI]

Just invested 0.2BTC - all that I had left thats not tied up in other areas. Lets see how it goes over the next few days/weeks/months.

[dooglus]

Updated site profit charts:

[petrescuerz]

I posted this on the gamblers thread and was asked to post it here as well.

Just-Dice is having a logo contest. Feel free to check it out, offer your opinions, and create a logo if you like!

These are the polls I created for the new logo contest.

https://99designs.ca/logo-design/vote-5kzf93   First Poll

https://99designs.ca/logo-design/vote-m9ljcq   Second Poll

I can't add new designs to the polls, so will probably just make a new poll every day.


Here is the link to the page with all the designs.
https://99designs.ca/logo-design/contests/logo-wanted-dice-240815


Deb

[xchrisxsays]

Updated site profit charts:

What is that vertical jump in the profit line that occurred on the 12th, 15th, and 16th?

[shawshankinmate37927]

What is that vertical jump in the profit line that occurred on the 12th, 15th, and 16th?

Someone losing a lot of bitcoins with just a few rolls of the dice.

[nimda]

Man, most of those designs are horrible at low resolutions. You'd really want something that you could strip away the text and use as your favicon.ico.

[cowbay]

Didn't take long for a JD ripoff to pop up, copied in detail down to the cheerful and uplifting color scheme.

[favdesu]

meanwhile in China. lol

[001sonkit]

meanwhile in China. lol

Told you guys to beware of them. China guys copies everything

[bobboooiie]

haha, that is ballsy

[infested999]

meanwhile in China. lol

Told you guys to beware of them. China guys copies everything

How much work did they have to do? It looks like they can just copy/paste the site design CSS, but they would have to remake the backend of the site.

[001sonkit]

meanwhile in China. lol

Told you guys to beware of them. China guys copies everything

How much work did they have to do? It looks like they can just copy/paste the site design CSS, but they would have to remake the backend of the site.

They did the back end and much of them are buggy (I've bumped into a GAuth bug during some testing). And they have 10 Customer Service manager

[infested999]

they have 10 Customer Service manager

doog plz

[001sonkit]

they have 10 Customer Service manager

doog plz

And they all sucks. doog and Deb are more friendly and efficient

[infested999]

they have 10 Customer Service manager

doog plz

And they all sucks. doog and Deb are more friendly and efficient

I like how on the Chinese site the site profit is so low it's obvious the owners are cheating.

Is it still up? I get an error: https://i.imgur.com/f66hxSU.png

[001sonkit]

they have 10 Customer Service manager

doog plz

And they all sucks. doog and Deb are more friendly and efficient

I like how on the Chinese site the site profit is so low it's obvious the owners are cheating.

Is it still up? I get an error: https://i.imgur.com/f66hxSU.png

http://www.btc-dice.com/
 still up

They are limited max profit of 15BTC (1500BTC invested, and idk why lol)

[Jonny Heggheim]

meanwhile in China. lol

Yay, free localization

[dooglus]

What is that vertical jump in the profit line that occurred on the 12th, 15th, and 16th?

Someone losing a lot of bitcoins with just a few rolls of the dice.

Lots of people use martingale betting on the site.  They start by betting a very small amount relative to the bankroll they have available, and double their bet until they win.  So long as they win one roll before the doubling gets out of hand, they are guaranteed a small profit.  This happens over and over, with the player taking a small profit from the site very reliably, and the siite profits gradually go down.  This is balanced by players not using martingale betting, who gradually lose due to the house edge.

Eventually the martingale players hit 10 or 15 or whatever losses in a row, and lose their entire bankroll.  This shows up as a vertical jump in the profit chart.

Apparently this style of betting is particularly common when people play with Bitcoin, and I'm not sure why.

Here's a typical profit/loss chart of a single martingale player.  Thousands of small wins followed by a catastrophic loss that wipes out all previous wins:



Add a whole bunch of similar looking charts together and you get something like the site profit chart...

[HowGudAmI]

Martingale is probably popular with Bitcoin because (as a guess) those who use Bitcoin are probably more likely to be interested in following techniques etc (Showing the inner geek?) with the idea of reducing losses/turning a profit?.

Another reason may be that people can bet in very small amounts of money with Bitcoin, allowing those with smaller bankrolls to martingale.

The reality of Martingale is, if you do it enough - eventually you will deplete your bankroll BEFORE you win, as illustrated in the above chart.

[ColdHardMetal]

Lots of people use martingale betting on the site.  ...

Add a whole bunch of similar looking charts together and you get something like the site profit chart...

In some ways you're the worst casino operator I've ever seen. Stop tapping the tank!!

It's pretty funny, but I like it.