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

[marcovaldo]

- 2 k profit.

It seems that I ALWAYS invest in the wrong moment

[oda.krell]

aaand we're at -1500.

[marcovaldo]

I invested and we lost thousands of btc...
Hopefully variance will help me to divest without losing money

[BitcoinLeader]

What happends if I invest now when house is at -2k. Do I start with loss ?

Or does it mean I get more profit when house get back to +4k?

[marcovaldo]

What happends if I invest now when house is at -2k. Do I start with loss ?

Or does it mean I get more profit when house get back to +4k?

No, your profit and loss only depends on when you invest, and other people ...
So, if you invest now, and the profit goes from -2k to -1k you will win money.

[Rampion]

And -4K

Nakowa on a winning strike

He started playing at -1K, lost big till we went to +4K, now took us down to -4K

What a show.

[marcovaldo]

2 different IDs are playing, not sure if it is the same guy:

FFs Ownz (105829)
berathea (161188)

[Rampion]

2 different IDs are playing, not sure if it is the same guy:

FFs Ownz (105829)
berathea (161188)

Berathea is Nakowa

FFs Ownz is another guy who also got lucky and won 1,000BTC, but he is burning 'em.

[Rampion]

And Nakowa took us to -5K

What a RIDE

[integrity42]

I can't believe I'm about to say this....

We recovered 5000 at 0.25%, and as soon as doog puts it back to 0.50% we're down to -4000 again.

Hindsight saying 1/4 kelly is the only way ... is it possible?

[Rampion]

-6k now

[Rampion]

I can't believe I'm about to say this....

We recovered 5000 at 0.25%, and as soon as doog puts it back to 0.50% we're down to -4000 again.

Hindsight saying 1/4 kelly is the only way ... is it possible?

NO. Nakowa is not doing max profit bets, so 1/4 or 1/2 Kelly is irrelevant, he could do bets of the same size at 1/4.

[marcovaldo]

-5 k


I wonder, how much has the best suppliers on just-dice.com?
How much did he lose today?

[marcovaldo]

NO. Nakowa is not doing max profit bets, so 1/4 or 1/2 Kelly is irrelevant, he could do bets of the same size at 1/4.

Max profit = 188 btc.
His bets = 171.7986... (max)


It is still close.

[Rampion]

-5 k


I wonder, how much has the best suppliers on just-dice.com?
How much did he lose today?

I can tell you that today I've been up 10% on my investment, and right now down aprox. 15%.

[BitcoinLeader]

So now would be a wise time to invest?

[marcovaldo]

I can tell you that today I've been up 10% on my investment, and right now down aprox. 15%.

I invested around 0 profit, and lost 10%

[Bitsinmyhead]

NO. Nakowa is not doing max profit bets, so 1/4 or 1/2 Kelly is irrelevant, he could do bets of the same size at 1/4.

Nope still doing 170 with 188 max bet. The chances of him cheating is increasing by the minute. Stay open minded and objective, and hopefully you be one of the first to realize what is going on here. Let the math guide you my friend. Good luck!  

[Rampion]

NO. Nakowa is not doing max profit bets, so 1/4 or 1/2 Kelly is irrelevant, he could do bets of the same size at 1/4.

Max profit = 188 btc.
His bets = 171.7986... (max)


It is still close.

Right now yes, because the roll is shrinking. But for many hours his biggest bet has been 132 BTC and max profit was +230 BTC.

So now would be a wise time to invest?

The dice is RANDOM. There's no better or worse time to invest/divest.

NO. Nakowa is not doing max profit bets, so 1/4 or 1/2 Kelly is irrelevant, he could do bets of the same size at 1/4.

Nope still doing 170 with 188 max bet. The chances of him cheating is increasing by the minute. Stay open minded and objective, and hopefully you be one of the first to realize what is going on here. Good luck!  

There's absolutely NOTHING that indicates he is cheating. The wild swings he is experiencing looks 100% legit. Look at how he plays, its just a completely random walk.

[marcovaldo]

So now would be a wise time to invest?

Maybe, maybe not ^^

He is still playing and lost 1.5 k coins. So maybe wait a little?