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CryptoPanda (OP)
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February 12, 2014, 12:36:19 PM
Last edit: February 23, 2022, 08:14:40 AM by CryptoPanda
 #1

Zip
bitbitz
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February 12, 2014, 01:11:12 PM
 #2

No one will do this if you dont give any weekly bonuses!
CryptoPanda (OP)
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February 12, 2014, 01:13:44 PM
 #3

how come?
Sheldor333
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February 12, 2014, 01:21:26 PM
 #4

how come?
Why would they, when you don't offer any bonuses and others do. Check out other threads to find out more if you are interested.
Btw I think you could have picked a better name then one that includes bandit, it implies that you take their btc from them. I know you do, but that is just not good marketing strategy.

CryptoPanda (OP)
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February 12, 2014, 01:30:40 PM
 #5

how come?
Why would they, when you don't offer any bonuses and others do. Check out other threads to find out more if you are interested.
Btw I think you could have picked a better name then one that includes bandit, it implies that you take their btc from them. I know you do, but that is just not good marketing strategy.


It's a reference to the one armed bandits from the past, which are the first slot machines.

Does is matter if you call it a bonus or % from the profit. Isn't the total amount of money one makes that matters at the end of the day?

Also we don't ask to be the only ones in the sig.
Mitchell
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February 12, 2014, 01:33:07 PM
 #6

So, if I add BitBandit.eu to my signature I can only earn from that by the persons I refer? I kindly decline.

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Staring Owl
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February 12, 2014, 02:04:07 PM
 #7

Ok lets break it down a bit.

From one side you can make about $5 per week or 10c per post as the most sig posts offer, and as soon as you stop posting those pocket money are gone.
On the other you can be taking 30% from everyone that clicks your sig and goes to the site and take those 30% for years to come... Knowing that gambling is huge business and single person can easily gamble whole BTC or so.....at least for me the choice is obvious. Hell, even the fact that how much I will make will be kinda of a surprise is attractive to me Smiley


The bitcoin community is supposed to be a visionary bunch, people that can thing in perspective, i would take opportunity to make uncertain hundreds or thousands before opportunity to make guaranteed money but $5....

If you are going to skip this opportunity at least click my sig to help with achieving mine Smiley

 Grin SLOT machine with generous payouts and affiliate program. BTC No registration needed BTC Start playing for real within seconds BTC Provably fair and transparent BTC You can win up to 5000 times your bet BTC Or make 30% by referring friends. ->  BitBandit.eu
CryptoPanda (OP)
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February 12, 2014, 08:14:02 PM
 #8

Yes, hopefully more people will see the opportunity in this.
howzar
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⇾ Re: z
February 12, 2014, 08:15:49 PM
 #9

Ok lets break it down a bit.

From one side you can make about $5 per week or 10c per post as the most sig posts offer, and as soon as you stop posting those pocket money are gone.
On the other you can be taking 30% from everyone that clicks your sig and goes to the site and take those 30% for years to come... Knowing that gambling is huge business and single person can easily gamble whole BTC or so.....at least for me the choice is obvious. Hell, even the fact that how much I will make will be kinda of a surprise is attractive to me Smiley


The bitcoin community is supposed to be a visionary bunch, people that can thing in perspective, i would take opportunity to make uncertain hundreds or thousands before opportunity to make guaranteed money but $5....

If you are going to skip this opportunity at least click my sig to help with achieving mine Smiley

I do get where youre coming from, but maybe a bonus on top of that for posts we make would get more people to join?
CryptoPanda (OP)
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February 13, 2014, 07:27:43 AM
 #10

Ok lets break it down a bit.

From one side you can make about $5 per week or 10c per post as the most sig posts offer, and as soon as you stop posting those pocket money are gone.
On the other you can be taking 30% from everyone that clicks your sig and goes to the site and take those 30% for years to come... Knowing that gambling is huge business and single person can easily gamble whole BTC or so.....at least for me the choice is obvious. Hell, even the fact that how much I will make will be kinda of a surprise is attractive to me Smiley


The bitcoin community is supposed to be a visionary bunch, people that can thing in perspective, i would take opportunity to make uncertain hundreds or thousands before opportunity to make guaranteed money but $5....

If you are going to skip this opportunity at least click my sig to help with achieving mine Smiley

I do get where youre coming from, but maybe a bonus on top of that for posts we make would get more people to join?


What bonus on top of that you would consider fair?
mikstroa
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February 13, 2014, 05:04:34 PM
 #11

Signature automatically removes the affiliate url.It shows link removed, please fix it. Great promo, thanks for the nice opportunity
Mobo
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February 13, 2014, 05:16:18 PM
 #12

Signature automatically removes the affiliate url.It shows link removed, please fix it. Great promo, thanks for the nice opportunity

You need at least 10 posts and then links can be added!
jambola2
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February 13, 2014, 05:24:43 PM
 #13

30% of profit = 30% of house edge.
Let us assume a high 10% house edge.
You will hence get on average , 3 % of what your referrals bet.

Not many people click on a link like this and even if the bet anything , you will earn just 3%.
For it to break even , you need people to bet 0.33 BTC per week to get 10 mbtc per week , which is the average you get from many signature programs.
Nobody will click on your link and bet over a BTC per month.

Good luck anyways,
jambola2

No longer active on bitcointalk, however, you can still reach me via PMs if needed.
Mobo
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February 13, 2014, 05:26:01 PM
 #14

30% of profit = 30% of house edge.
Let us assume a high 10% house edge.
You will hence get on average , 3 % of what your referrals bet.

Not many people click on a link like this and even if the bet anything , you will earn just 3%.
For it to break even , you need people to bet 0.33 BTC per week to get 10 mbtc per week , which is the average you get from many signature programs.
Nobody will click on your link and bet over a BTC per month.

Good luck anyways,
jambola2

That is true..
mikstroa
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February 13, 2014, 05:47:24 PM
 #15

Signature automatically removes the affiliate url.It shows link removed, please fix it. Great promo, thanks for the nice opportunity

You need at least 10 posts and then links can be added!


Thanks for the nice information, i will replace it when i cross 10 posts
CryptoPanda (OP)
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February 13, 2014, 06:00:29 PM
 #16

30% of profit = 30% of house edge.
Let us assume a high 10% house edge.
You will hence get on average , 3 % of what your referrals bet.

Not many people click on a link like this and even if the bet anything , you will earn just 3%.
For it to break even , you need people to bet 0.33 BTC per week to get 10 mbtc per week , which is the average you get from many signature programs.
Nobody will click on your link and bet over a BTC per month.

Good luck anyways,
jambola2

Yes that's true. Infact it's even worse because the house edge is just 1%.
At least that's the theory. Well in practice, some people just lose everything they deposit so you will get 30% from whatever they deposit, which is nice.
If they win, we of course don't take money back, so you are good as well.
If they  gamble long enough so they are close to the projected 99% payback, yeah you will get 30% from 1% which would be peanuts.
So you will get nothing from one part, minimal from other, and quite nice payout from the 3rd group.


I believe people will make more money that way, but lets see what the first few will report after a week. Until we have actual data, everything else is speculation.
If it doesn't work out, I'll change it of course.
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February 13, 2014, 06:22:40 PM
 #17

30% of profit = 30% of house edge.
Let us assume a high 10% house edge.
You will hence get on average , 3 % of what your referrals bet.

Not many people click on a link like this and even if the bet anything , you will earn just 3%.
For it to break even , you need people to bet 0.33 BTC per week to get 10 mbtc per week , which is the average you get from many signature programs.
Nobody will click on your link and bet over a BTC per month.

Good luck anyways,
jambola2

Yes that's true. Infact it's even worse because the house edge is just 1%.
At least that's the theory. Well in practice, some people just lose everything they deposit so you will get 30% from whatever they deposit, which is nice.
If they win, we of course don't take money back, so you are good as well.
If they  gamble long enough so they are close to the projected 99% payback, yeah you will get 30% from 1% which would be peanuts.
So you will get nothing from one part, minimal from other, and quite nice payout from the 3rd group.


I believe people will make more money that way, but lets see what the first few will report after a week. Until we have actual data, everything else is speculation.
If it doesn't work out, I'll change it of course.

So , with this new data , you will need people to bet 13.33 Bitcoins using your referral link , every month for it to be worth it.
This starts sounding more and more worthless.

My suggestion is to offer bonus credits in exchange for signatures.
Maybe 1 week signature = 0.005 BTC of bonus credits.
These can be cashed out when you cross 0.05 BTC ( 10x turnover )

No longer active on bitcointalk, however, you can still reach me via PMs if needed.
CryptoPanda (OP)
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February 13, 2014, 06:32:50 PM
 #18

Well I believe I explained this is not really the case in real life scenario.
Imagine that just 1 person deposits 0.1 and loses them all, here is your payment for a month.
Now what are the chances for this to happen? Well I believe they are good considering you have a month.
And there will of course be other people...

the key here is that you get your share from the loses, but don't get negative balance for the wins.
So, the odds are skewed in the referrer favour.

Anyway, all this is useless speculative discussions. Lets wait for the real world data.
I like your idea about the bonus credits, but I will see what happens with this offer first.







CryptoPanda (OP)
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February 13, 2014, 06:49:05 PM
 #19

Well jambola2, you made me think a little about it and what the hell, lets try it seriously.
I think you will be glad to see this -> https://bitcointalk.org/index.php?topic=463824.new#new

Smiley
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February 19, 2014, 12:18:56 PM
 #20

Still looking for sigs!
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