boumalo
Legendary
Offline
Activity: 1918
Merit: 1018
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 12:27:10 PM |
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i don't understand guys which come with say 0.001 BTC , double it few times in a row, than decide to take more risk and put their chance to 1-20% and lose all....why didn't they keep playing with the way it worked? ?
There is no system that works better than an other
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everydice (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 04:28:37 PM |
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well, looking better than yesterday ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) update 27.03.2014 invested 0.50274831 BTC, ~0.5730%. someone invested around 10 BTC site bankroll 87.729964 & site profit 7.5761368 update 29.03.2014 invested 0.50119015 BTC, ~0.5799%. -- site bankroll 86.413821 & site profit 7.3096741 update 31.03.2014 invested 0.50105838 BTC, ~0.5818%. -- site bankroll 86.111018 & site profit 7.2879652 update 01.04.2014 invested 0.49928940 BTC, ~0.6559%. someone divested around 10 BTC site bankroll 76.112282 & site profit 7.0671325 update 03.04.2014 invested 0.49568540 BTC, ~0.6559%. -- site bankroll 75.570088 & site profit 6.5321816 update 05.04.2014 invested 0.50258219 BTC, ~0.6748%. -- site bankroll 74.468509 & site profit 7.5569766 update 06.04.2014 invested 0.51373044 BTC, ~0.6751%. someone lost a good bunch site bankroll 76.089872 & site profit 9.2192624 update 08.04.2014 invested 0.51381687 BTC, ~0.6748%. site bankroll 76.142872 & site profit 9.2322916 update 10.04.2014 invested 0.51486498 BTC, ~0.6749%. site bankroll 76.278760 & site profit 9.3902180 update 11.04.2014 invested 0.51932647 BTC, ~0.6750%. dan&diceclay on a roll site bankroll 76.925722 & site profit 10.061522 wooohooo two digits! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) update 13.04.2014 invested 0.52600862 BTC, ~0.6710%. site bankroll 78.382643 & site profit 11.099135 update 15.04.2014 invested 0.55111937 BTC, ~0.6695%. someone lost big (thresher?) site bankroll 82.317594 & site profit 14.909130 update 17.04.2014 invested 0.54708222 BTC, ~0.5726%. lots of gambling, more invest site bankroll 95.540405 & site profit 15.189882 nota bene: site wagered 1149.8203 BTC -> we're still above the expected profit at 0.99% house edge Does that mean the site profit will go down before the site wagered amount goes up to match it? Just as in rolling dice, getting lucky (or unlucky) in the past doesn't ensure that you'll get unlucky (or lucky) in the future. Over the long run, everything should even out to the statistical average, but that long run can easily be hundreds of billions of rolls (for example, JD is on 1 billion rolls and they are running 36,000 BTC BELOW expectation). Totally agree with FUR ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It is mathematically unrelated event. But even if in the long run site's profitability should match with its house edge, it doesn't mean that the site has to lose in order to balance its profit. For example, if in the first month a site with 1% HE is profiting 2% and in the next 11 month the site is profiting 1%, then in average site's profit is already near 1%, that is ~1.083% (assuming same wagered amount on each month). i don't understand guys which come with say 0.001 BTC , double it few times in a row, than decide to take more risk and put their chance to 1-20% and lose all....why didn't they keep playing with the way it worked? ?
There is no system that works better than an other There's no system that can change ev. But a system does able to change the other factors. Lets take martingale for example, while the ev remains the same, "chance of a person leaving the site in a winning condition" does increase ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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cech4204a
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 06:28:30 PM |
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I guess you are right, there is statistical outcome back there which can't be beaten.
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Bitcoin is DEAD
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boumalo
Legendary
Offline
Activity: 1918
Merit: 1018
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 10:27:30 PM |
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well, looking better than yesterday ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) update 27.03.2014 invested 0.50274831 BTC, ~0.5730%. someone invested around 10 BTC site bankroll 87.729964 & site profit 7.5761368 update 29.03.2014 invested 0.50119015 BTC, ~0.5799%. -- site bankroll 86.413821 & site profit 7.3096741 update 31.03.2014 invested 0.50105838 BTC, ~0.5818%. -- site bankroll 86.111018 & site profit 7.2879652 update 01.04.2014 invested 0.49928940 BTC, ~0.6559%. someone divested around 10 BTC site bankroll 76.112282 & site profit 7.0671325 update 03.04.2014 invested 0.49568540 BTC, ~0.6559%. -- site bankroll 75.570088 & site profit 6.5321816 update 05.04.2014 invested 0.50258219 BTC, ~0.6748%. -- site bankroll 74.468509 & site profit 7.5569766 update 06.04.2014 invested 0.51373044 BTC, ~0.6751%. someone lost a good bunch site bankroll 76.089872 & site profit 9.2192624 update 08.04.2014 invested 0.51381687 BTC, ~0.6748%. site bankroll 76.142872 & site profit 9.2322916 update 10.04.2014 invested 0.51486498 BTC, ~0.6749%. site bankroll 76.278760 & site profit 9.3902180 update 11.04.2014 invested 0.51932647 BTC, ~0.6750%. dan&diceclay on a roll site bankroll 76.925722 & site profit 10.061522 wooohooo two digits! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) update 13.04.2014 invested 0.52600862 BTC, ~0.6710%. site bankroll 78.382643 & site profit 11.099135 update 15.04.2014 invested 0.55111937 BTC, ~0.6695%. someone lost big (thresher?) site bankroll 82.317594 & site profit 14.909130 update 17.04.2014 invested 0.54708222 BTC, ~0.5726%. lots of gambling, more invest site bankroll 95.540405 & site profit 15.189882 nota bene: site wagered 1149.8203 BTC -> we're still above the expected profit at 0.99% house edge Does that mean the site profit will go down before the site wagered amount goes up to match it? Just as in rolling dice, getting lucky (or unlucky) in the past doesn't ensure that you'll get unlucky (or lucky) in the future. Over the long run, everything should even out to the statistical average, but that long run can easily be hundreds of billions of rolls (for example, JD is on 1 billion rolls and they are running 36,000 BTC BELOW expectation). Totally agree with FUR ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It is mathematically unrelated event. But even if in the long run site's profitability should match with its house edge, it doesn't mean that the site has to lose in order to balance its profit. For example, if in the first month a site with 1% HE is profiting 2% and in the next 11 month the site is profiting 1%, then in average site's profit is already near 1%, that is ~1.083% (assuming same wagered amount on each month). i don't understand guys which come with say 0.001 BTC , double it few times in a row, than decide to take more risk and put their chance to 1-20% and lose all....why didn't they keep playing with the way it worked? ?
There is no system that works better than an other There's no system that can change ev. But a system does able to change the other factors. Lets take martingale for example, while the ev remains the same, "chance of a person leaving the site in a winning condition" does increase ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No playing a martingale is the same as betting big to get a small payout
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badjacks99
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:07:28 PM |
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lovin the site. i might be addicted.
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everydice (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 02:48:01 AM |
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well, looking better than yesterday ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) update 27.03.2014 invested 0.50274831 BTC, ~0.5730%. someone invested around 10 BTC site bankroll 87.729964 & site profit 7.5761368 update 29.03.2014 invested 0.50119015 BTC, ~0.5799%. -- site bankroll 86.413821 & site profit 7.3096741 update 31.03.2014 invested 0.50105838 BTC, ~0.5818%. -- site bankroll 86.111018 & site profit 7.2879652 update 01.04.2014 invested 0.49928940 BTC, ~0.6559%. someone divested around 10 BTC site bankroll 76.112282 & site profit 7.0671325 update 03.04.2014 invested 0.49568540 BTC, ~0.6559%. -- site bankroll 75.570088 & site profit 6.5321816 update 05.04.2014 invested 0.50258219 BTC, ~0.6748%. -- site bankroll 74.468509 & site profit 7.5569766 update 06.04.2014 invested 0.51373044 BTC, ~0.6751%. someone lost a good bunch site bankroll 76.089872 & site profit 9.2192624 update 08.04.2014 invested 0.51381687 BTC, ~0.6748%. site bankroll 76.142872 & site profit 9.2322916 update 10.04.2014 invested 0.51486498 BTC, ~0.6749%. site bankroll 76.278760 & site profit 9.3902180 update 11.04.2014 invested 0.51932647 BTC, ~0.6750%. dan&diceclay on a roll site bankroll 76.925722 & site profit 10.061522 wooohooo two digits! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) update 13.04.2014 invested 0.52600862 BTC, ~0.6710%. site bankroll 78.382643 & site profit 11.099135 update 15.04.2014 invested 0.55111937 BTC, ~0.6695%. someone lost big (thresher?) site bankroll 82.317594 & site profit 14.909130 update 17.04.2014 invested 0.54708222 BTC, ~0.5726%. lots of gambling, more invest site bankroll 95.540405 & site profit 15.189882 nota bene: site wagered 1149.8203 BTC -> we're still above the expected profit at 0.99% house edge Does that mean the site profit will go down before the site wagered amount goes up to match it? Just as in rolling dice, getting lucky (or unlucky) in the past doesn't ensure that you'll get unlucky (or lucky) in the future. Over the long run, everything should even out to the statistical average, but that long run can easily be hundreds of billions of rolls (for example, JD is on 1 billion rolls and they are running 36,000 BTC BELOW expectation). Totally agree with FUR ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It is mathematically unrelated event. But even if in the long run site's profitability should match with its house edge, it doesn't mean that the site has to lose in order to balance its profit. For example, if in the first month a site with 1% HE is profiting 2% and in the next 11 month the site is profiting 1%, then in average site's profit is already near 1%, that is ~1.083% (assuming same wagered amount on each month). i don't understand guys which come with say 0.001 BTC , double it few times in a row, than decide to take more risk and put their chance to 1-20% and lose all....why didn't they keep playing with the way it worked? ?
There is no system that works better than an other There's no system that can change ev. But a system does able to change the other factors. Lets take martingale for example, while the ev remains the same, "chance of a person leaving the site in a winning condition" does increase ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No playing a martingale is the same as betting big to get a small payout Ah yes Boumalo, I mean also given the same %tage ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) lovin the site. i might be addicted.
lovin the site. i might be addicted.
Thank you badjacks! Glad you like it! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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jaysabi
Legendary
Offline
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 07:11:19 AM |
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How often do you make payments to investors? Or do they just take any profit (assuming there is some) at the time they divest their interest?
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shitaifan2013
Legendary
Offline
Activity: 874
Merit: 1000
monero
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 07:30:09 AM |
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How often do you make payments to investors? Or do they just take any profit (assuming there is some) at the time they divest their interest?
your second assumption is right, investors can just take their btc and leave. on another note: investment is still on its way to the moon ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) update 27.03.2014 invested 0.50274831 BTC, ~0.5730%. someone invested around 10 BTC site bankroll 87.729964 & site profit 7.5761368 update 29.03.2014 invested 0.50119015 BTC, ~0.5799%. -- site bankroll 86.413821 & site profit 7.3096741 update 31.03.2014 invested 0.50105838 BTC, ~0.5818%. -- site bankroll 86.111018 & site profit 7.2879652 update 01.04.2014 invested 0.49928940 BTC, ~0.6559%. someone divested around 10 BTC site bankroll 76.112282 & site profit 7.0671325 update 03.04.2014 invested 0.49568540 BTC, ~0.6559%. -- site bankroll 75.570088 & site profit 6.5321816 update 05.04.2014 invested 0.50258219 BTC, ~0.6748%. -- site bankroll 74.468509 & site profit 7.5569766 update 06.04.2014 invested 0.51373044 BTC, ~0.6751%. someone lost a good bunch site bankroll 76.089872 & site profit 9.2192624 update 08.04.2014 invested 0.51381687 BTC, ~0.6748%. site bankroll 76.142872 & site profit 9.2322916 update 10.04.2014 invested 0.51486498 BTC, ~0.6749%. site bankroll 76.278760 & site profit 9.3902180 update 11.04.2014 invested 0.51932647 BTC, ~0.6750%. dan&diceclay on a roll site bankroll 76.925722 & site profit 10.061522 wooohooo two digits! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) update 13.04.2014 invested 0.52600862 BTC, ~0.6710%. site bankroll 78.382643 & site profit 11.099135 update 15.04.2014 invested 0.55111937 BTC, ~0.6695%. someone lost big (thresher?) site bankroll 82.317594 & site profit 14.909130 update 17.04.2014 invested 0.54708222 BTC, ~0.5726%. lots of gambling, more invest site bankroll 95.540405 & site profit 15.189882 update 19.04.2014 invested 0.56231407 BTC, ~0.5714%. site bankroll 98.221269 & site profit 17.802014
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cech4204a
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 08:42:13 AM |
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I feel bad not knowing earlier for the investments. I'd love to invest 20Btc, but i don't have nothing
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Bitcoin is DEAD
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thecoinjournal
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 01:54:24 PM |
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lovin the site. i might be addicted.
Don't put money you can't afford to lose.
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jaysabi
Legendary
Offline
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 02:29:08 PM |
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How often do you make payments to investors? Or do they just take any profit (assuming there is some) at the time they divest their interest?
your second assumption is right, investors can just take their btc and leave. on another note: investment is still on its way to the moon ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) update 27.03.2014 invested 0.50274831 BTC, ~0.5730%. someone invested around 10 BTC site bankroll 87.729964 & site profit 7.5761368 update 29.03.2014 invested 0.50119015 BTC, ~0.5799%. -- site bankroll 86.413821 & site profit 7.3096741 update 31.03.2014 invested 0.50105838 BTC, ~0.5818%. -- site bankroll 86.111018 & site profit 7.2879652 update 01.04.2014 invested 0.49928940 BTC, ~0.6559%. someone divested around 10 BTC site bankroll 76.112282 & site profit 7.0671325 update 03.04.2014 invested 0.49568540 BTC, ~0.6559%. -- site bankroll 75.570088 & site profit 6.5321816 update 05.04.2014 invested 0.50258219 BTC, ~0.6748%. -- site bankroll 74.468509 & site profit 7.5569766 update 06.04.2014 invested 0.51373044 BTC, ~0.6751%. someone lost a good bunch site bankroll 76.089872 & site profit 9.2192624 update 08.04.2014 invested 0.51381687 BTC, ~0.6748%. site bankroll 76.142872 & site profit 9.2322916 update 10.04.2014 invested 0.51486498 BTC, ~0.6749%. site bankroll 76.278760 & site profit 9.3902180 update 11.04.2014 invested 0.51932647 BTC, ~0.6750%. dan&diceclay on a roll site bankroll 76.925722 & site profit 10.061522 wooohooo two digits! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) update 13.04.2014 invested 0.52600862 BTC, ~0.6710%. site bankroll 78.382643 & site profit 11.099135 update 15.04.2014 invested 0.55111937 BTC, ~0.6695%. someone lost big (thresher?) site bankroll 82.317594 & site profit 14.909130 update 17.04.2014 invested 0.54708222 BTC, ~0.5726%. lots of gambling, more invest site bankroll 95.540405 & site profit 15.189882 update 19.04.2014 invested 0.56231407 BTC, ~0.5714%. site bankroll 98.221269 & site profit 17.802014 Hi, just so I understand then, let's take as an example the last two days you have entered here: update 17.04.2014 invested 0.54708222 BTC, ~0.5726%. lots of gambling, more invest site bankroll 95.540405 & site profit 15.189882 update 19.04.2014 invested 0.56231407 BTC, ~0.5714%. site bankroll 98.221269 & site profit 17.802014 Let's just assume that the increased bankroll all came from one person for the sake of simplicty. Bankroll increased by 2.680864 and profit increased by 2.612132. So if our investor there were to divest after one day of investment, if I'm understanding the process correctly, his profit would look like this: 2.680864 (his investment) / 98.221269 (total investment) = 0.0272941291361243 (his share) * 2.612132 (site profit during his investment) = 0.07129586 (his profit) So his total withdrawal would be 2.680864 (his investment) + .07129586 (his profit) = 2.75215986 Please let me know if I'm understanding the process correctly, or correct me where I went wrong. Thanks.
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mattyon9
Newbie
Offline
Activity: 34
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 03:01:38 PM |
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"Image below shows that a player almost wins 140 times from the starting amount because of EveryDice’s low house edge." Haha thanks for adding me to the blog ED. Will be back in a week to invest or win
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Holdaaja
Legendary
Offline
Activity: 1274
Merit: 1000
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 03:11:54 PM |
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"Image below shows that a player almost wins 140 times from the starting amount because of EveryDice’s low house edge." Haha thanks for adding me to the blog ED. Will be back in a week to invest or win Where is this blog?
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Kyraishi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 03:12:43 PM |
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"Image below shows that a player almost wins 140 times from the starting amount because of EveryDice’s low house edge." Haha thanks for adding me to the blog ED. Will be back in a week to invest or win pretty much difference between 0.99 and 1.
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125BTCponzi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 03:14:06 PM |
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I have another game of you want ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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boumalo
Legendary
Offline
Activity: 1918
Merit: 1018
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 03:31:41 PM |
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How often do you make payments to investors? Or do they just take any profit (assuming there is some) at the time they divest their interest?
When someone loses the investment grows and when someone wins it decreases, you can check that online on the website Be sure you can legally invest in a bitcoin casino where you live
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everydice (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 05:19:54 PM |
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How often do you make payments to investors? Or do they just take any profit (assuming there is some) at the time they divest their interest?
your second assumption is right, investors can just take their btc and leave. on another note: investment is still on its way to the moon ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) update 27.03.2014 invested 0.50274831 BTC, ~0.5730%. someone invested around 10 BTC site bankroll 87.729964 & site profit 7.5761368 update 29.03.2014 invested 0.50119015 BTC, ~0.5799%. -- site bankroll 86.413821 & site profit 7.3096741 update 31.03.2014 invested 0.50105838 BTC, ~0.5818%. -- site bankroll 86.111018 & site profit 7.2879652 update 01.04.2014 invested 0.49928940 BTC, ~0.6559%. someone divested around 10 BTC site bankroll 76.112282 & site profit 7.0671325 update 03.04.2014 invested 0.49568540 BTC, ~0.6559%. -- site bankroll 75.570088 & site profit 6.5321816 update 05.04.2014 invested 0.50258219 BTC, ~0.6748%. -- site bankroll 74.468509 & site profit 7.5569766 update 06.04.2014 invested 0.51373044 BTC, ~0.6751%. someone lost a good bunch site bankroll 76.089872 & site profit 9.2192624 update 08.04.2014 invested 0.51381687 BTC, ~0.6748%. site bankroll 76.142872 & site profit 9.2322916 update 10.04.2014 invested 0.51486498 BTC, ~0.6749%. site bankroll 76.278760 & site profit 9.3902180 update 11.04.2014 invested 0.51932647 BTC, ~0.6750%. dan&diceclay on a roll site bankroll 76.925722 & site profit 10.061522 wooohooo two digits! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) update 13.04.2014 invested 0.52600862 BTC, ~0.6710%. site bankroll 78.382643 & site profit 11.099135 update 15.04.2014 invested 0.55111937 BTC, ~0.6695%. someone lost big (thresher?) site bankroll 82.317594 & site profit 14.909130 update 17.04.2014 invested 0.54708222 BTC, ~0.5726%. lots of gambling, more invest site bankroll 95.540405 & site profit 15.189882 update 19.04.2014 invested 0.56231407 BTC, ~0.5714%. site bankroll 98.221269 & site profit 17.802014 Hi, just so I understand then, let's take as an example the last two days you have entered here: update 17.04.2014 invested 0.54708222 BTC, ~0.5726%. lots of gambling, more invest site bankroll 95.540405 & site profit 15.189882 update 19.04.2014 invested 0.56231407 BTC, ~0.5714%. site bankroll 98.221269 & site profit 17.802014 Let's just assume that the increased bankroll all came from one person for the sake of simplicty. Bankroll increased by 2.680864 and profit increased by 2.612132. So if our investor there were to divest after one day of investment, if I'm understanding the process correctly, his profit would look like this: 2.680864 (his investment) / 98.221269 (total investment) = 0.0272941291361243 (his share) * 2.612132 (site profit during his investment) = 0.07129586 (his profit) So his total withdrawal would be 2.680864 (his investment) + .07129586 (his profit) = 2.75215986 Please let me know if I'm understanding the process correctly, or correct me where I went wrong. Thanks. Hi Jaysabi, for rough estimation your calculation should do fine ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) There are few things that can affect the calculation though: - Your %tage of shares can change when other people divest / invest in the middle of those timeframe. This will affect your share of bankroll, making your profit slightly higher / lower. - There is 0.1% referral reward that is taken everytime a bet is struct. From above example, if there is 100 BTC wagered during those timeframe, the fee would be 0.1 BTC, thus shared profit will be 2.512132. Most of the case the rough estimation should do fine. But you can see in Shitaifan's case, Shitaifan receive slightly higher profit than rough estimation. How often do you make payments to investors? Or do they just take any profit (assuming there is some) at the time they divest their interest?
When someone loses the investment grows and when someone wins it decreases, you can check that online on the website Be sure you can legally invest in a bitcoin casino where you live Exactly Boumalo ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) "Image below shows that a player almost wins 140 times from the starting amount because of EveryDice’s low house edge." Haha thanks for adding me to the blog ED. Will be back in a week to invest or win Hi Mattyon, long time no see... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think we can write separate post on those case, will it be ok if we write your nickname too?
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mattyon9
Newbie
Offline
Activity: 34
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 19, 2014, 06:07:01 PM Last edit: April 19, 2014, 06:53:56 PM by mattyon9 |
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How often do you make payments to investors? Or do they just take any profit (assuming there is some) at the time they divest their interest?
your second assumption is right, investors can just take their btc and leave. on another note: investment is still on its way to the moon ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) update 27.03.2014 invested 0.50274831 BTC, ~0.5730%. someone invested around 10 BTC site bankroll 87.729964 & site profit 7.5761368 update 29.03.2014 invested 0.50119015 BTC, ~0.5799%. -- site bankroll 86.413821 & site profit 7.3096741 update 31.03.2014 invested 0.50105838 BTC, ~0.5818%. -- site bankroll 86.111018 & site profit 7.2879652 update 01.04.2014 invested 0.49928940 BTC, ~0.6559%. someone divested around 10 BTC site bankroll 76.112282 & site profit 7.0671325 update 03.04.2014 invested 0.49568540 BTC, ~0.6559%. -- site bankroll 75.570088 & site profit 6.5321816 update 05.04.2014 invested 0.50258219 BTC, ~0.6748%. -- site bankroll 74.468509 & site profit 7.5569766 update 06.04.2014 invested 0.51373044 BTC, ~0.6751%. someone lost a good bunch site bankroll 76.089872 & site profit 9.2192624 update 08.04.2014 invested 0.51381687 BTC, ~0.6748%. site bankroll 76.142872 & site profit 9.2322916 update 10.04.2014 invested 0.51486498 BTC, ~0.6749%. site bankroll 76.278760 & site profit 9.3902180 update 11.04.2014 invested 0.51932647 BTC, ~0.6750%. dan&diceclay on a roll site bankroll 76.925722 & site profit 10.061522 wooohooo two digits! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) update 13.04.2014 invested 0.52600862 BTC, ~0.6710%. site bankroll 78.382643 & site profit 11.099135 update 15.04.2014 invested 0.55111937 BTC, ~0.6695%. someone lost big (thresher?) site bankroll 82.317594 & site profit 14.909130 update 17.04.2014 invested 0.54708222 BTC, ~0.5726%. lots of gambling, more invest site bankroll 95.540405 & site profit 15.189882 update 19.04.2014 invested 0.56231407 BTC, ~0.5714%. site bankroll 98.221269 & site profit 17.802014 Hi, just so I understand then, let's take as an example the last two days you have entered here: update 17.04.2014 invested 0.54708222 BTC, ~0.5726%. lots of gambling, more invest site bankroll 95.540405 & site profit 15.189882 update 19.04.2014 invested 0.56231407 BTC, ~0.5714%. site bankroll 98.221269 & site profit 17.802014 Let's just assume that the increased bankroll all came from one person for the sake of simplicty. Bankroll increased by 2.680864 and profit increased by 2.612132. So if our investor there were to divest after one day of investment, if I'm understanding the process correctly, his profit would look like this: 2.680864 (his investment) / 98.221269 (total investment) = 0.0272941291361243 (his share) * 2.612132 (site profit during his investment) = 0.07129586 (his profit) So his total withdrawal would be 2.680864 (his investment) + .07129586 (his profit) = 2.75215986 Please let me know if I'm understanding the process correctly, or correct me where I went wrong. Thanks. Hi Jaysabi, for rough estimation your calculation should do fine ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) There are few things that can affect the calculation though: - Your %tage of shares can change when other people divest / invest in the middle of those timeframe. This will affect your share of bankroll, making your profit slightly higher / lower. - There is 0.1% referral reward that is taken everytime a bet is struct. From above example, if there is 100 BTC wagered during those timeframe, the fee would be 0.1 BTC, thus shared profit will be 2.512132. Most of the case the rough estimation should do fine. But you can see in Shitaifan's case, Shitaifan receive slightly higher profit than rough estimation. How often do you make payments to investors? Or do they just take any profit (assuming there is some) at the time they divest their interest?
When someone loses the investment grows and when someone wins it decreases, you can check that online on the website Be sure you can legally invest in a bitcoin casino where you live Exactly Boumalo ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) "Image below shows that a player almost wins 140 times from the starting amount because of EveryDice’s low house edge." Haha thanks for adding me to the blog ED. Will be back in a week to invest or win Hi Mattyon, long time no see... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think we can write separate post on those case, will it be ok if we write your nickname too? Fine by me ED. I know it has been far too long, I will be back to claim those highest spots again Btw would it be beneficial to do a investment history showing what they have earned or loss with their investment so they can keep track of their own investments. And rewards those who continually invest into ED
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boumalo
Legendary
Offline
Activity: 1918
Merit: 1018
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April 19, 2014, 08:58:51 PM |
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If you invest more and don't divest you stand to make more, I don't think bonuses for loyalty should even discussed in that case, I am not invested but it is my opinion
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cech4204a
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April 19, 2014, 09:40:43 PM |
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1Dice1 came again and lost...he has no luck ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) but investors are happy
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Bitcoin is DEAD
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