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

[meta.p02]

I think some prefer a clean design with not many bells and whistles. I don't know, maybe we need to hold a vote?

[nimda]

i heard someone placed a 800k usd bet and lost?

pretty crazy

Yup Mech bet 7k BTC @95%. That was his 12th bet in a row and the first one he lost. He started with 1700BTC.

Making up for lots of other losses. The law of averages takes longer with more volatility.

Is anyone whose investment has stayed constant still in the red due to dilation?

[chriswilmer]

i heard someone placed a 800k usd bet and lost?

pretty crazy

Yup Mech bet 7k BTC @95%. That was his 12th bet in a row and the first one he lost. He started with 1700BTC.

Does anyone know if Mechs is OK... I mean, sounds like a potential suicide-risk situation...

[wickedgoodtrader]

I think some prefer a clean design with not many bells and whistles. I don't know, maybe we need to hold a vote?

I'm new to the site as of today and have to say I've had a hard time taking my eyes away from the screen. I feel like all the changing numbers almost create a sensory load that gamblers are looking for. Or at least a sensory load that keep you around whether you like them or not.

[Mythoughts]

I think some prefer a clean design with not many bells and whistles. I don't know, maybe we need to hold a vote?

No need for a vote, imo.
It's Doog's and Deb's site, if they dont like it, there's no point to add it. It should stay their baby.

[Keyser Soze]

Is anyone whose investment has stayed constant still in the red due to dilation?

I believe anyone who has stayed in for the past few weeks will require a lot more site profit to come back to even on their investment. Personally, I need about 7000 more site profit to get back to even.

[GOB]

Does anyone know if Mechs is OK... I mean, sounds like a potential suicide-risk situation...

I am also worried about this. Has anybody heard from him? Has he been on the chat?

[geofflosophy]

Is anyone whose investment has stayed constant still in the red due to dilation?

I believe anyone who has stayed in for the past few weeks will require a lot more site profit to come back to even on their investment. Personally, I need about 7000 more site profit to get back to even.

Yep, that's probably about what I need as well. I'm still about 17% down

[pascal257]

I am 20% down. I wonder who is actually at a profit

I was lucky enough to jump on the train when the site was even.

[meta.p02]

I am 20% down. I wonder who is actually at a profit

Me... I invested during one of the times it was -4,400. Never touched it since.

me   0.62825910   0.05880680   

[Jls.]

I am 20% down. I wonder who is actually at a profit

First invested in June when site profit was ~ +1600.

Stayed all in until being -10% late in September because of Nakowa... then decided to try my luck catching the waves with chunks of my funds.

I managed pretty well, since I'm +11% with site profit being around +1200.

I'm done dayvesting since, but I'm still sorry for those who stayed invested all along (as I used to).

[manrus]

How calculate profit per day in % ?

[willphase]

How calculate profit per day in % ?

daily profit = ( daily_wagered * house_edge ) * house_cut * ( your_investment / total_investment )

% profit per day = ( daily_profit / your_investment ) * 100

% profit per year = ( (1 + % profit per day ) ^ 365) - 1 ) * 100

solve for:

house_cut = 0.9 (10% cut)
daily_wagered = 15,000 (source)
house_edge = 0.01 (1% edge)
total_investment = 55,597

daily profit = ( 15,000 * 0.01 ) * 0.9 * ( your_investment / 55597 ) = 0.00242819 * your_investment

% profit per day = 0.00242819 / your_investment * your_investment = 0.242%

% profit per year = ( (1.00242819 ^ 365 ) - 1 ) * 100 = ( 2.4235055085 - 1 ) * 100 = 142%

Will

[wachtwoord]

I am 20% down. I wonder who is actually at a profit

I'm up 5.6% and cashed out to give out a loan at a higher APR than the expected return from the site based on normal (non-whale) volume.

[oda.krell]

Just a few quick charts to show the progress the site made after Mechs/Naks marketing.

https://i.imgur.com/8l8yPSq.png
https://i.imgur.com/GJzwB5n.png
https://i.imgur.com/hAEaDJq.png

Notice from 8-13-9-20 the site was averaging $831k USD per day play and after 10-4 the site is averaging $1.8mil USD per day play.  This is solely based on the Marketing of Nak/Mechs play on reddit/btctalk and such, imo.  Now is the time for Doog to add some features to site to maintain momentum.

Agreed.

It looks like we've been sans whale for about 10 days now. Profit is slowly but surely going up -- a large chunk of the current profit is due to mechs loss, but even without that, it looks like the site is profitable, on average, when running on mostly small bets (I know, not really a surprise, I'm just summarizing).

Volume is a bit uneven: on some days volume (even without a whale) is well above 20k, on other days it hovers around 10k. Since individual profits (on average) depend on the site volume and the total amount invested, I'd say that right now, at 50k invested vs. 10k to 20k daily volume, we're doing okay, but could do better perhaps.

Is this something you are considering, dooglus? How to increase wagering volume, by getting the site more exposure? Or implementing features to bind gamblers to the site?

I remember someone in here posted (a few pages ago) an idea about 'badges' and 'achievements' gamblers can unlock. What do you think about it? Personally, I like the idea, if it's done well and doesn't look tacky.

What else... I remember someone suggesting earlier that the Chinese market for gambling is huge. So gettin the site translated into Chinese, and advertising it, could give a boost to volume.

[Gatekeeper]

good day for the profits. Site is currently +1,920 btc

[wolverine.ks]

Mandarin or Cantonese?

[oda.krell]

How would I know? I'm just the guy parrotting suggestions he read before and liked

[marcotheminer]

Does anyone know if Mechs is OK... I mean, sounds like a potential suicide-risk situation...

I am also worried about this. Has anybody heard from him? Has he been on the chat?

I wonder what he is up to . Im a bit worried, Id be devasted if I lost that 

Hope he is alright!

[Lohoris]

Two questions about the ads at the top of the site:

- are they pay per click, pay per impression, flat-rate, or what?
- were does the revenue they generate go?

This is not a complaint, just questions : )