EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair

[FPCN]

Thank you very much shitaifan2013, I think this documentary is very meaningful and can be a great reference for other users of this site.

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[mem]

so Im curious, you claim a 0.99% edge yet your payout for a 50/50 bet has a multiplier of 1.9802 equating to an actual house edge of 0.999899000101% which when rounded up is of course 1%.

Checking other bets such as 10% I see the house edge is the claimed 0.99%

Just curious why the discrepancy and is there an easy way to see the house edge for each bet.

[darthcoin]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

[FPCN]

so Im curious, you claim a 0.99% edge yet your payout for a 50/50 bet has a multiplier of 1.9802 equating to an actual house edge of 0.999899000101% which when rounded up is of course 1%.

Checking other bets such as 10% I see the house edge is the claimed 0.99%

Just curious why the discrepancy and is there an easy way to see the house edge for each bet.

I don't understand, betting at 50% and get a 1.9802 return, isn't that exactly a 0.99% house edge?

[Holdaaja]

so Im curious, you claim a 0.99% edge yet your payout for a 50/50 bet has a multiplier of 1.9802 equating to an actual house edge of 0.999899000101% which when rounded up is of course 1%.

Checking other bets such as 10% I see the house edge is the claimed 0.99%

Just curious why the discrepancy and is there an easy way to see the house edge for each bet.

I don't understand, betting at 50% and get a 1.9802 return, isn't that exactly a 0.99% house edge?

2-0.99% is 1.9802 so it is correct...

[everydice]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

Thanks darthcoin You are right we are currently trying to get players' awareness, so far most of our traffics are organic traffic. We did try to advertise in this forum few weeks ago if you noticed, but the result is not as expected (I read it somewhere that lot of advertisers having the same issue). This is our challenge to find a better way to advertise

so Im curious, you claim a 0.99% edge yet your payout for a 50/50 bet has a multiplier of 1.9802 equating to an actual house edge of 0.999899000101% which when rounded up is of course 1%.

Checking other bets such as 10% I see the house edge is the claimed 0.99%

Just curious why the discrepancy and is there an easy way to see the house edge for each bet.

I don't understand, betting at 50% and get a 1.9802 return, isn't that exactly a 0.99% house edge?

2-0.99% is 1.9802 so it is correct...

Yup2.. 100% - (50% chance * 1.9802 payout) = 0.99% too

@Mem, how did you do your calculation? We're also trying to trace how did you got 0.999899000101% but cannot found it..

[boumalo]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work

I'm hosting a giveaway of 0.06 btc based on the result of the 200,000th bet of ED, welcome to join: https://bitcointalk.org/index.php?topic=551101.0

I checked it, isn't it too hard for you to get 10000 replies?

Hmm, there's still time for 200,000th bet, but I have to agree it will be difficult

A nice big promo will bring a lot of deposits

Or happy hour every 24h

[FPCN]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work

How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalk.org/index.php?topic=484396.msg6056946#msg6056946

[Rulishix]

Wait until the site gets a little bigger before doing anything nearly as ambitious as a siggy campaign here as the poor people will flock and pounce!

[FUR11]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work

How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalk.org/index.php?topic=484396.msg6056946#msg6056946

I don't think that's really relevant here.  The market for people interested in "decentralized trading of bitcoins discussion" is very small, and those sign ups don't generate direct income.  The market for people interested in a bitcoin dice game is very large, and those sign ups directly generate income.  I don't understand why everyone always brings up mastercoin when they talk about sig deals for bitcoin gambling sites. 

[mem]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

Thanks darthcoin You are right we are currently trying to get players' awareness, so far most of our traffics are organic traffic. We did try to advertise in this forum few weeks ago if you noticed, but the result is not as expected (I read it somewhere that lot of advertisers having the same issue). This is our challenge to find a better way to advertise

so Im curious, you claim a 0.99% edge yet your payout for a 50/50 bet has a multiplier of 1.9802 equating to an actual house edge of 0.999899000101% which when rounded up is of course 1%.

Checking other bets such as 10% I see the house edge is the claimed 0.99%

Just curious why the discrepancy and is there an easy way to see the house edge for each bet.

I don't understand, betting at 50% and get a 1.9802 return, isn't that exactly a 0.99% house edge?

2-0.99% is 1.9802 so it is correct...

Yup2.. 100% - (50% chance * 1.9802 payout) = 0.99% too

@Mem, how did you do your calculation? We're also trying to trace how did you got 0.999899000101% but cannot found it..

I think it was a case of drunk user error , sorry for the false alarm

[everydice]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work

How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalk.org/index.php?topic=484396.msg6056946#msg6056946

I don't think that's really relevant here.  The market for people interested in "decentralized trading of bitcoins discussion" is very small, and those sign ups don't generate direct income.  The market for people interested in a bitcoin dice game is very large, and those sign ups directly generate income.  I don't understand why everyone always brings up mastercoin when they talk about sig deals for bitcoin gambling sites.  

We're agree that it would be better if looking at the sig campaign for similar industry. Do you have thoughts about the effectivity of sig campaign for bitcoin dice FUR?

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

Thanks darthcoin You are right we are currently trying to get players' awareness, so far most of our traffics are organic traffic. We did try to advertise in this forum few weeks ago if you noticed, but the result is not as expected (I read it somewhere that lot of advertisers having the same issue). This is our challenge to find a better way to advertise

so Im curious, you claim a 0.99% edge yet your payout for a 50/50 bet has a multiplier of 1.9802 equating to an actual house edge of 0.999899000101% which when rounded up is of course 1%.

Checking other bets such as 10% I see the house edge is the claimed 0.99%

Just curious why the discrepancy and is there an easy way to see the house edge for each bet.

I don't understand, betting at 50% and get a 1.9802 return, isn't that exactly a 0.99% house edge?

2-0.99% is 1.9802 so it is correct...

Yup2.. 100% - (50% chance * 1.9802 payout) = 0.99% too

@Mem, how did you do your calculation? We're also trying to trace how did you got 0.999899000101% but cannot found it..

I think it was a case of drunk user error , sorry for the false alarm

Haha, no worries Mem *still curious how did you got that number*

[mem]

Haha, no worries Mem *still curious how did you got that number*

so am I, but if Ive learnt anything from years of fiddling with code n formulas drunk is that you may not be able to repeat the scenario

Ive added this calculator to avoid future "drunk mem" mistakes: http://memslist.com/list/index.pl?action=house_edge_form

Code:

50 * 1.9802 = total payout of: 99.01
100 * (99.01 / 100) = Average Payout of: 99.01%
100 - 99.01 = House Edge of 0.99%

Now that looks better

[FPCN]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work

How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalk.org/index.php?topic=484396.msg6056946#msg6056946

I don't think that's really relevant here.  The market for people interested in "decentralized trading of bitcoins discussion" is very small, and those sign ups don't generate direct income.  The market for people interested in a bitcoin dice game is very large, and those sign ups directly generate income.  I don't understand why everyone always brings up mastercoin when they talk about sig deals for bitcoin gambling sites. 

Except PD, most of the casinos ever run a sig campaign discontinued it(bit777, bluevec), or turned out to be scam(bit365), I think that answers if the  sig campaign really works.

[howzar]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work

How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalk.org/index.php?topic=484396.msg6056946#msg6056946

I don't think that's really relevant here.  The market for people interested in "decentralized trading of bitcoins discussion" is very small, and those sign ups don't generate direct income.  The market for people interested in a bitcoin dice game is very large, and those sign ups directly generate income.  I don't understand why everyone always brings up mastercoin when they talk about sig deals for bitcoin gambling sites. 

Except PD, most of the casinos ever run a sig campaign discontinued it(bit777, bluevec), or turned out to be scam(bit365), I think that answers if the  sig campaign really works.

Signature campaigns work IF the right members are chosen such as only senior members and above accepted, etc. And hand picking high posters and paying relatively high rates proves to be effective.

Every dice,  I'm always open to run that campaign as we have discussed

[boumalo]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work

How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalk.org/index.php?topic=484396.msg6056946#msg6056946

I am not 100% sure but PD and RGD seems to think it is effective..
I would think about a sig campaign that pays 0.01/week Jr, 0.015 Members, 0.02 Sr and Hero, 50posts min just to get some attention and some traffic for a cheap fee

[Holdaaja]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work

How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalk.org/index.php?topic=484396.msg6056946#msg6056946

I am not 100% sure but PD and RGD seems to think it is effective..
I would think about a sig campaign that pays 0.01/week Jr, 0.015 Members, 0.02 Sr and Hero, 50posts min just to get some attention and some traffic for a cheap fee

No Full Members! 

[boumalo]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work

How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalk.org/index.php?topic=484396.msg6056946#msg6056946

I am not 100% sure but PD and RGD seems to think it is effective..
I would think about a sig campaign that pays 0.01/week Jr, 0.015 Members, 0.02 Sr and Hero, 50posts min just to get some attention and some traffic for a cheap fee

No Full Members! 

Per week :
0.01 Jr
0.015 M
0.02 Full
0.025 Sr
0.03 Hero
50 posts mini/week; payment on an ED account : all the persons that join the campaign will go see the website and some will play; all the persons that advertise in their sig will get to know ED because they will look at the campaign terms and the campaign sig thread will be bumped often

[Holdaaja]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work

How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalk.org/index.php?topic=484396.msg6056946#msg6056946

I am not 100% sure but PD and RGD seems to think it is effective..
I would think about a sig campaign that pays 0.01/week Jr, 0.015 Members, 0.02 Sr and Hero, 50posts min just to get some attention and some traffic for a cheap fee

No Full Members! 

Per week :
0.01 Jr
0.015 M
0.02 Full
0.025 Sr
0.03 Hero
50 posts mini/week; payment on an ED account : all the persons that join the campaign will go see the website and some will play; all the persons that advertise in their sig will get to know ED because they will look at the campaign terms and the campaign sig thread will be bumped often

That sounds good
We should definitely do this!

[uptweets]

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work

How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalk.org/index.php?topic=484396.msg6056946#msg6056946

I am not 100% sure but PD and RGD seems to think it is effective..
I would think about a sig campaign that pays 0.01/week Jr, 0.015 Members, 0.02 Sr and Hero, 50posts min just to get some attention and some traffic for a cheap fee

No Full Members! 

Per week :
0.01 Jr
0.015 M
0.02 Full
0.025 Sr
0.03 Hero
50 posts mini/week; payment on an ED account : all the persons that join the campaign will go see the website and some will play; all the persons that advertise in their sig will get to know ED because they will look at the campaign terms and the campaign sig thread will be bumped often

With this rate I don't think there will be a lot of participants.