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Author Topic: EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair  (Read 72008 times)
vineyard
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May 25, 2014, 08:22:44 PM
 #1281

You should provide the coins to a trusted escrow, the amount of 1dice1's balance and deduct it from his balance. After a reasonable time has passed the escrow releases the funds (I'd say a couple days) to 1dice1 UNLESS you provide proof that he cheated. You delaying his funds is truly unreasonable 100%. If your excuse was true then you should be working 24/7 into his case. Not getting offline and coming back every 12 hours. Should be around the clock if you are really going to delay payment.

I personally played at everydice twice but after this definitely will not play ever again here. It is bullshit what you are doing. It has been 3 days. If you worked 24 hours straight I guarantee you would have your decision by now.

Checking that provably fair system is works might not take a long time, but other than that we did many things. One of the example is the leak of site seed, this not only involve technical checking and ensure our server has not been compromised, but also questioning all team member involved in the project. We cannot assume this is the case (and lets not), but it is better to be safe than sorry.

As you might noticed, few hours ago the site profit goes down ~50 BTC again, this happened after some manual withdrawal. We know that the previous bet event is mathematically unrelated to the future event, so thinking that site will win after losing is fallacy, however, this is quite much for a coincidence. We are really sorry for the inconvenience, but for a moment we will have to ensure everything is legit. The roll function of P-4747 and 1DiCe1 also has been disabled.

EveryDice, it has been more than 24 hours, you must pay 1Dice1. Period.

I run a scratchticket gambling site. When I started my site, I was fully aware of the risks that variances mean to the house bankroll. On my site, I have a background process that runs that tells me when a betters results (wins/losses) are exceptionally lucky. If you are outside 4 standard deviations from the norm, that's pretty damn lucky. These results are flagged for manual review. However, unless I can PROVE fraud within 12 hours of so, I must pay out. This is the risk the house takes when it develops (or licenses) its software and puts in place its security procedures. If someone rips you off, than it is still your fault and if you can't prove fraud within 12 hours, pay him. This is the cost of business. When you find out how they did it, fix it. But for now, you are completely killing your own site by undermining every ounce of trust everyone has in you.

My guess is that if I ran a statistical analysis on the betting history you released for 1Dice1, it would show the guy (gal) is damn lucky but statistically within the reasonable realm of possibilities. Pay him unless you can 100% prove fraud.
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May 25, 2014, 08:38:22 PM
 #1282

So you addressed the first part of my point. I stand corrected on that.

I agree with you on the rest of your point:

Quote
This bet "verification" ED is talking about sounds only like an attempt to find an reason not to pay. If someone lost money to ED and requested a "verification" of all the bets, how do you think that would have went down? Everyone would have accused them of just being butthurt over losing money and there would have been a whole lot of "well you knew the risks of gambling, yada yada..." What a ridiculous double standard. ED advertises "provably fair" so how is there a need for verification in a provably fair system? In the event of a site leak or whatever everyone is on about, that's the site owner's fault. You can't tell gamblers "you knew the risks of gambling, it's your loss for being bad at it" then not tell the site owner "you knew the risks of running a gambling website, it's your loss for being bad at it."

It's not my place to address that.  I run the biggest BTC dice site, Just-Dice.com;  I first came up with the idea of having visitors bankroll the site which everydice and many others have copied (and usually messed up), so when I saw you misunderstanding how that works I stepped in to explain it better.

As for regularly proving solvency, of course that's a good idea.  Any site that doesn't do it should be treated with suspicion.  It's easy to do, so why not do it?

Every Sunday Just-Dice publishes a list of investor balances, so you can check that your investment is included in the total, and we keep the coins in a well known address which we have signed with a message proving it is ours, so you can check that we really do have them all.

JD is as safe as it gets for a Bitcoin casino

Quote

Every Sunday Just-Dice publishes a list of investor balances, so you can check that your investment is included in the total, and we keep the coins in a well known address which we have signed with a message proving it is ours, so you can check that we really do have them all.

That's the way to do it.

Does JD take a percentage of all wagered bets (win or lose) like ED did, or only percentage of profit?

"Commission is charged when profits are divested, or at midnight (UTC) on Sunday each week, whichever happens sooner. Commission is never charged twice on the same profits. For example if you invest 100 BTC and it grows to 110 BTC by the end of the first week, you will be charged 10% of your 10 BTC profit. If your remaining 109 BTC investment then shrinks to 105 BTC over the next week, you will not be charged any commission at the end of that week. And then, if it grows to 119 BTC by the end of the 3rd week, you will only be charged 10% commission on the new 10 BTC of profit over the previous high of 109 BTC. At any point you could divest up to your original investment of 100 BTC without being charged commission since we consider that when divesting you divest the original investment first, and profits later."

BTW 1Dice1 was referred so someone made 5BTC out of its betting?

Did someone else win more than 0.5 on ED so far?

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May 25, 2014, 11:16:17 PM
 #1283

So you addressed the first part of my point. I stand corrected on that.

I agree with you on the rest of your point:

Quote
This bet "verification" ED is talking about sounds only like an attempt to find an reason not to pay. If someone lost money to ED and requested a "verification" of all the bets, how do you think that would have went down? Everyone would have accused them of just being butthurt over losing money and there would have been a whole lot of "well you knew the risks of gambling, yada yada..." What a ridiculous double standard. ED advertises "provably fair" so how is there a need for verification in a provably fair system? In the event of a site leak or whatever everyone is on about, that's the site owner's fault. You can't tell gamblers "you knew the risks of gambling, it's your loss for being bad at it" then not tell the site owner "you knew the risks of running a gambling website, it's your loss for being bad at it."

It's not my place to address that.  I run the biggest BTC dice site, Just-Dice.com;  I first came up with the idea of having visitors bankroll the site which everydice and many others have copied (and usually messed up), so when I saw you misunderstanding how that works I stepped in to explain it better.

As for regularly proving solvency, of course that's a good idea.  Any site that doesn't do it should be treated with suspicion.  It's easy to do, so why not do it?

Every Sunday Just-Dice publishes a list of investor balances, so you can check that your investment is included in the total, and we keep the coins in a well known address which we have signed with a message proving it is ours, so you can check that we really do have them all.

JD is as safe as it gets for a Bitcoin casino

Quote

Every Sunday Just-Dice publishes a list of investor balances, so you can check that your investment is included in the total, and we keep the coins in a well known address which we have signed with a message proving it is ours, so you can check that we really do have them all.

That's the way to do it.

Does JD take a percentage of all wagered bets (win or lose) like ED did, or only percentage of profit?

"Commission is charged when profits are divested, or at midnight (UTC) on Sunday each week, whichever happens sooner. Commission is never charged twice on the same profits. For example if you invest 100 BTC and it grows to 110 BTC by the end of the first week, you will be charged 10% of your 10 BTC profit. If your remaining 109 BTC investment then shrinks to 105 BTC over the next week, you will not be charged any commission at the end of that week. And then, if it grows to 119 BTC by the end of the 3rd week, you will only be charged 10% commission on the new 10 BTC of profit over the previous high of 109 BTC. At any point you could divest up to your original investment of 100 BTC without being charged commission since we consider that when divesting you divest the original investment first, and profits later."

BTW 1Dice1 was referred so someone made 5BTC out of its betting?

Did someone else win more than 0.5 on ED so far?
I did, 0.84 had, but lost some

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May 25, 2014, 11:50:56 PM
 #1284

As expected, seems that i wont get my coins:

Quote
P-4718
I understand but please see due to coding error we will be forced to refund to all investors possible.

1DiCe1
how you know i used that error

P-4718
We are not 100% if you did 1dice
but its unfair to the investors and by law we have to Sorry.

1DiCe1
i think so i used game rules and i did all fairly

P-4718
Due to a problem within the code some people were able to see the seed.
We can not confirm if 1dice did no
but due to the problem found we will reset the website back.

1DiCe1
reset site or do whatever but give me my fair earned coins

P-4718
as i said it has been unfair to the investors and is only right we correct this.

1DiCe1
unless you can prove i cheated or whatever you will had to pay your errors, not me
this is unfair
23:20

P-4718
I understand but please see due to coding error we will be forced to refund to all investors possible.

P-4718
We only get a small % so are unable to refund from our own pocket.
We will prove the issue ASAP.

P-4718
Please understand we are not 100% sure if 1dice used the loop hole or not but i can confirm it has now be patched.

1DiCe1
if you cant demostrate i cheated, then you have to pay your errors thats it
so give me my coins i made fairplaying

P-4718
We are not part of the bankroll and only receive a small percent.
Sorry everyone i must leave but this will be resolved in 24 hours! Thank you. Tony & Eddy

Is possible to sue in court?
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May 25, 2014, 11:56:54 PM
 #1285

Then everydice should refund the 30 coins that 1dice1 lost.

Get sick. Get well.
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May 26, 2014, 01:27:02 AM
 #1286

As expected, seems that i wont get my coins:

Quote
P-4718
I understand but please see due to coding error we will be forced to refund to all investors possible.

1DiCe1
how you know i used that error

P-4718
We are not 100% if you did 1dice
but its unfair to the investors and by law we have to Sorry.

1DiCe1
i think so i used game rules and i did all fairly

P-4718
Due to a problem within the code some people were able to see the seed.
We can not confirm if 1dice did no
but due to the problem found we will reset the website back.

Admin, you made errors and have no idea whether someone has used it at all, and now you simply use it as an excuse to deny payment.
Wow, it is just ridiculous...

EDIT: fixed the quotes

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May 26, 2014, 01:31:20 AM
 #1287

WOW, this is ridiculous. so everytime someone win big on your site, you might just find another "bug" and refuse the payment.

That is such an "easy" way of running a dice site  Grin


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May 26, 2014, 01:36:41 AM
 #1288

WOW, this is ridiculous. so everytime someone win big on your site, you might just find another "bug" and refuse the payment.

That is such an "easy" way of running a dice site  Grin



Pretty much so.

To everyone playing or planning to play on ED: Your winnings MAY BE reversed at any time but not your losses.


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May 26, 2014, 01:42:37 AM
 #1289

Here's whats gonna happen. 1.) ED will refund investors, 2.) Reduce max bet into 0.5%, 3.) Rework commission structure.

Then we wont have shit like this again.

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May 26, 2014, 01:51:51 AM
 #1290

Here's whats gonna happen. 1.) ED will refund investors, 2.) Reduce max bet into 0.5%, 3.) Rework commission structure.

Then we wont have shit like this again.

You forgot me ruru, what about me? i made my coins legit, isnt this a theft?
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May 26, 2014, 01:54:48 AM
 #1291

Here's whats gonna happen. 1.) ED will refund investors, 2.) Reduce max bet into 0.5%, 3.) Rework commission structure.

Then we wont have shit like this again.

You forgot me ruru, what about me? i made my coins legit, isnt this a theft?

Here's what gonna happen. 1.) ED ruins its own reputation 2.) Existing and potential gamblers will switch to other places.  Grin

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May 26, 2014, 01:55:31 AM
 #1292

Here's whats gonna happen. 1.) ED will refund investors, 2.) Reduce max bet into 0.5%, 3.) Rework commission structure.

Then we wont have shit like this again.

You forgot me ruru, what about me? i made my coins legit, isnt this a theft?

Agree

ED, you should pay 1DiCe1 's fair winnings. otherwise your trust is in garbage.

And if you really can't pay it in full right now, maybe you guys can schedule a term payment, say monthly 30BTC until all amounts are paid. I guess 1DiCe1 might be OK with that.



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May 26, 2014, 01:56:43 AM
 #1293

Here's whats gonna happen. 1.) ED will refund investors, 2.) Reduce max bet into 0.5%, 3.) Rework commission structure.

Then we wont have shit like this again.


ed, how is the progress, can i get my coins soon?
I offer to buy your account for 4 BTC if you're interested.

And reduce a massive payout to a sum that is, relatively speaking, peanuts? Seems a bit suspicious to me.

1Dice has 90-150BTC stuck, and I'd doubt he would accept your offer. It's less than what he put into ed.

Precisely. The offer would have to be significantly better for it to become a serious one that would require consideration.

Is ruru a stakeholder in EveryDice? Perhaps an associate?

We would all like to wipe out a debt for a tiny fraction of the amount owed...


Cryptopher, I guess you are right. ruru is either a big investor or a staff of ED...

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May 26, 2014, 03:04:49 AM
 #1294

tl;dr 1Dice1 was screwed by ED and made to pay for ED's own negligence. Everyone needs to boycott ED and spread the word that the owner is not to be trusted under any circumstances.


Given the unsatisfactory resolution to this, it will be up to this community to make sure everyone knows that ED is a shady operator, and to make sure no one gambles there. Basically, the ED website was faulty, according to the website owner himself, and so if you won during the "faulty period", your winnings won't be paid out. That's awfully convenient. However, everyone who lost in that time is out of luck. ED is keeping your money. That's the first two pieces of BS.

The next piece is that this sets up a BS precedent on ED. It is now established that winnings can be denied because of website owner negligence. 'Yeah, I guess you could see the seed or something because we didn't code our website correctly, so we're not gonna pay you the money you won.' This incentivizes website owners to code intentional faults into their website so they have an excuse to deny payments to big winners if they want to.

On a related note, can someone explain to me how it is possible to game the system if you can see the site seed? This is completely unrelated to the merit of my points, I just want to understand this argument. Am I understanding it incorrectly, or don't sites like JD and LuckyNumber publish the seed? How can they publish the seed, but ED's seed needs to remain a secret?

The fact remains that if the seed was supposed to be hidden and it wasn't, that's the site owner's fault, not 1Dice1's fault. But I don't believe 1Dice was gaming the site. He's not a technical computer guy. Some people have been talking to him outside of this forum and ED chat to try and help him track down ED owner if necessary, and we asked him to find the IP address in the mails he was exchanging with ED owner, and he had no idea what we were talking about or how to do it. We had to have him forward the mail so someone could do it for him. If he can't find something simple like an IP address, I doubt he could find a site seed, assuming he even knew what that was.


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May 26, 2014, 03:20:55 AM
 #1295

ED, blame user for your own coding error is not the way to do business.

I strongly recommend that you pay 1DiCe1 ASAP and end this mess.

Dice site is a lucrative business, but Trust is Gold here.

Act soon before it's too late.


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May 26, 2014, 03:40:56 AM
 #1296

Site turned to trash and is now not trusted. Do not gamble here.
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May 26, 2014, 03:59:32 AM
 #1297

Just  so you guys know, 4718 is probably a troll..

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May 26, 2014, 04:19:42 AM
 #1298

Just  so you guys know, 4718 is probably a troll..

Geez, I was reading site so quickly to try to catch up, I didn't even notice it was random username.

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May 26, 2014, 04:56:53 AM
 #1299

Just  so you guys know, 4718 is probably a troll..

Still, it is now the third day, and it looks like 1Dice is still waiting for his bitcoin...

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May 26, 2014, 05:03:18 AM
 #1300

You guys seem to be blind.

The site's profit is now -180 BTC, and counting (negatively).

Apart from the question of whether a site operator should pay out "gamblers" if they made use of a bug unknown to others - especially when this almost purely involves third parties' (investors') money, ED is clearly not running with the money at this moment. I (successfully, without any resistance) withdrew my investment and then my balance since I found the ongoing losses too statistically improbable (haven't actually calculated). Do you understand ED's business model? They're not making money on gamblers' losses (investors are) but on all bets. This 1Dice1 account balance (and possibly the balances of other accounts that made highly improbable gains) is made up of investors' money, not ED's money.

If 1Dice1 is paid out and it turns out there is evidence that he gamed the system in ways he shouldn't have, and ED doesn't have the money to pay its investors who effectively paid 1Dice1, will you be happy? What about if 1Dice1 is one of the founders of ED who went rogue?

Clearly this issue stains ED's reputation, and I think the amount of time this is taking is somewhat outlandish, but you cannot argue 1Dice1 should simply be paid just like that, without further ado.
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