Dice-Bet (OP)
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Dice-Bet.com | BTC, ETH, LTC | 0.7% HE | Invest
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September 29, 2018, 09:47:46 PM |
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I've finished my DiceBet Verifier, use it to verify that your bets have been calculated honestly. Really awesome job! Will link to it from the site shortly
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Dice-Bet (OP)
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Activity: 294
Merit: 102
Dice-Bet.com | BTC, ETH, LTC | 0.7% HE | Invest
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September 29, 2018, 11:45:25 PM |
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We have a player live streaming right now ----> https://www.twitch.tv/moonwz
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Dice-Bet (OP)
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Activity: 294
Merit: 102
Dice-Bet.com | BTC, ETH, LTC | 0.7% HE | Invest
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September 30, 2018, 04:01:59 PM |
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Max win on each bet has now increased too: BTC: 1.01555535 ETH: 14.39971259 LTC: 19.07173344 Note: Max win is changing dynamically with each bet and investment movement so this will constantly change.
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Dice-Bet (OP)
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Activity: 294
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Dice-Bet.com | BTC, ETH, LTC | 0.7% HE | Invest
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September 30, 2018, 08:45:39 PM Last edit: September 30, 2018, 09:06:30 PM by Dice-Bet |
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Signatures created:Member:[center][url=https://dice-bet.com/][b]0.7% House Edge ● Invest Option [/b]★★★ [b]Dice-Bet.com[/b] ★★★ [b]Highest Leverage ● BTC, LTC, ETH[/b] [b]Cold Wallet ━━━━━━━━━> PLAY OR INVEST NOW <━━━━━━━━ Mobile Ready[/b][/url][/center] Full Member:[center][url=https://dice-bet.com/][color=#666][b]0.7% House Edge ● Invest Option [/b][/color] [color=#7d79ea]★★★ [b]Dice-Bet.com[/b] ★★★[/color] [color=#666][b]Highest Leverage ● BTC, LTC, ETH[/b][/color] [b][color=#6edae6] Cold Wallet ━━━━━━━━━> [/color][color=#6edae6]PLAY OR INVEST NOW [/color][color=#6edae6]<━━━━━━━━ Mobile Ready [/color][/b][/url][/center] Sr Member:[center][url=https://dice-bet.com/][color=#7d79ea][b]0.7% House Edge ● Invest Option [/b]★★★ [size=16pt][b]Dice-Bet.com[/b][/size] ★★★ [b]Highest Leverage ● BTC, LTC, ETH[/b][/color] [b][color=#6edae6] Cold Wallet ━━━━━━━━━> [/color][color=#6edae6] [size=15pt]PLAY OR INVEST NOW[/size][/color][color=#6edae6] <━━━━━━━━ Mobile Ready [/color][/b][/url][/center] Hero Member and Up: [center][url=https://dice-bet.com/][color=#666][b]0.7% House Edge ● Invest Option [/b][/color] [color=#7d79ea]★★★ [size=16pt][b]Dice-Bet.com[/b][/size] ★★★[/color] [color=#666][b]Highest Leverage ● BTC, LTC, ETH[/b][/color] [b][color=#6edae6] Cold Wallet [color=#666]━━━━━━━━━>[/color] [/color][glow=#6edae6,2,300][color=#fff] [size=11pt]PLAY OR INVEST NOW[/size] [/color][/glow][color=#6edae6] [color=#666]<━━━━━━━━[/color] Mobile Ready [/color][/b][/url][/center]
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Dice-Bet (OP)
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Offline
Activity: 294
Merit: 102
Dice-Bet.com | BTC, ETH, LTC | 0.7% HE | Invest
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September 30, 2018, 09:41:36 PM |
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We have a player live streaming his bets right now again ----> https://www.twitch.tv/moonwz
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TheHas
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October 01, 2018, 11:21:49 AM |
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So how does the investor return work? Do people who own the coins get a cut of the 0.7 percent house edge or something similar?
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Mirae
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Merit: 27
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October 01, 2018, 12:52:48 PM |
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just withdrew about $520 in btc without any problems
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Dice-Bet (OP)
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Activity: 294
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Dice-Bet.com | BTC, ETH, LTC | 0.7% HE | Invest
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October 01, 2018, 04:03:11 PM Last edit: October 01, 2018, 05:08:16 PM by Dice-Bet |
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just withdrew about $520 in btc without any problems
Saw your wins this morning! You are on a roll Speaking of rolls how good was your roll here:
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BTCevo
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Activity: 1834
Merit: 1008
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October 01, 2018, 04:11:33 PM |
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So how does the investor return work? Do people who own the coins get a cut of the 0.7 percent house edge or something similar?
I think everything is already on their faq, you should check on their site and it seems they already explain in full details there. If you are bothering about the house edge, leas worry because if you are an investors, you should be grateful because house edge is on your side,that means higher house edge you will have better chance to get more profit but in this case it is 0.7%. Anyway house edge does not affect your investment at all, it is just matter of the chances to win more or lose more
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Dice-Bet (OP)
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Activity: 294
Merit: 102
Dice-Bet.com | BTC, ETH, LTC | 0.7% HE | Invest
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October 01, 2018, 04:25:20 PM |
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So how does the investor return work? Do people who own the coins get a cut of the 0.7 percent house edge or something similar?
If you put coins in the bankroll you get a share of all the profit and loses from players in that coin only. All profits and loses are updated real time and your share of the bankroll (based on your investment size and leverage) determines how much you make. There is no commission from the house in real time so 100% of profit and loses gets shared between all investors. The only investment fee is a divest fee of 25% of your profits. This fee comes out weekly (every Sunday) and only applies when your investment is positive. If you want to know more information just send me a PM and I can go into more detail and some examples if you like
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Dice-Bet (OP)
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Activity: 294
Merit: 102
Dice-Bet.com | BTC, ETH, LTC | 0.7% HE | Invest
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October 01, 2018, 11:08:40 PM |
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High Rollers tab updated and is now showing bets:
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BTCevo
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Activity: 1834
Merit: 1008
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October 02, 2018, 05:33:26 AM |
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The only investment fee is a divest fee of 25% of your profits. This fee comes out weekly (every Sunday) and only applies when your investment is positive.
Is this a normal thing to have such a huge divest fee? I often saw others put 0-2% but never saw this huge fee. Let assume the investors get 1 btc profit and to pay 0.25 btc as their divest fee, I do not really think they will agree on this term. Any explanation why you get 25% fee from investors profit? Sorry no offend
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SyGambler
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Activity: 2436
Merit: 1804
guess who's back
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October 02, 2018, 11:37:49 AM |
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The only investment fee is a divest fee of 25% of your profits. This fee comes out weekly (every Sunday) and only applies when your investment is positive.
Is this a normal thing to have such a huge divest fee? I often saw others put 0-2% but never saw this huge fee. Let assume the investors get 1 btc profit and to pay 0.25 btc as their divest fee, I do not really think they will agree on this term. Any explanation why you get 25% fee from investors profit? Sorry no offend every investor based casino takes a certain percentage as fee , so sites take it directly from the house edge others just take it from the profits made 25% isn't that high but I would really like to see it going down to something like 0.15% since the house edge is lower and investors are expecting to win less
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TheHas
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October 02, 2018, 12:24:36 PM |
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So how does the investor return work? Do people who own the coins get a cut of the 0.7 percent house edge or something similar?
If you put coins in the bankroll you get a share of all the profit and loses from players in that coin only. All profits and loses are updated real time and your share of the bankroll (based on your investment size and leverage) determines how much you make. There is no commission from the house in real time so 100% of profit and loses gets shared between all investors. The only investment fee is a divest fee of 25% of your profits. This fee comes out weekly (every Sunday) and only applies when your investment is positive. If you want to know more information just send me a PM and I can go into more detail and some examples if you like Thanks that makes sense. Is there a way to independently verify that the house edge is actually only 0.7%? For example is a record kept of every bet/transaction?
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Dice-Bet (OP)
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Activity: 294
Merit: 102
Dice-Bet.com | BTC, ETH, LTC | 0.7% HE | Invest
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October 02, 2018, 01:11:17 PM |
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The only investment fee is a divest fee of 25% of your profits. This fee comes out weekly (every Sunday) and only applies when your investment is positive.
Is this a normal thing to have such a huge divest fee? I often saw others put 0-2% but never saw this huge fee. Let assume the investors get 1 btc profit and to pay 0.25 btc as their divest fee, I do not really think they will agree on this term. Any explanation why you get 25% fee from investors profit? Sorry no offend Most of our competitors are higher than this number, I would guess the average is 35% and some charge an additional investing fee when you start or an early divest fee. I expect more than 25% of the profits from investments to be used on running costs and promotions for a long time to come.
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Dice-Bet (OP)
Full Member
Offline
Activity: 294
Merit: 102
Dice-Bet.com | BTC, ETH, LTC | 0.7% HE | Invest
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October 02, 2018, 01:23:00 PM |
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So how does the investor return work? Do people who own the coins get a cut of the 0.7 percent house edge or something similar?
If you put coins in the bankroll you get a share of all the profit and loses from players in that coin only. All profits and loses are updated real time and your share of the bankroll (based on your investment size and leverage) determines how much you make. There is no commission from the house in real time so 100% of profit and loses gets shared between all investors. The only investment fee is a divest fee of 25% of your profits. This fee comes out weekly (every Sunday) and only applies when your investment is positive. If you want to know more information just send me a PM and I can go into more detail and some examples if you like Thanks that makes sense. Is there a way to independently verify that the house edge is actually only 0.7%? For example is a record kept of every bet/transaction? Yeah you can look at the payout for each roll. Each roll is has a 0.7% house edge on it. The payout is 99.3/chance of winning. You will also see the even odds (2x) gap for roll under or roll over is 0.7 (50.35-49.65). You can check that each roll is provably fair on the site too. That ensures no rigging of rolls is going on.
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Dice-Bet (OP)
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Activity: 294
Merit: 102
Dice-Bet.com | BTC, ETH, LTC | 0.7% HE | Invest
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October 02, 2018, 06:37:44 PM |
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HiDevin
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Activity: 226
Merit: 30
so.. hru?
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October 02, 2018, 07:11:45 PM |
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The only investment fee is a divest fee of 25% of your profits. This fee comes out weekly (every Sunday) and only applies when your investment is positive.
Is this a normal thing to have such a huge divest fee? I often saw others put 0-2% but never saw this huge fee. Let assume the investors get 1 btc profit and to pay 0.25 btc as their divest fee, I do not really think they will agree on this term. Any explanation why you get 25% fee from investors profit? Sorry no offend every investor based casino takes a certain percentage as fee , so sites take it directly from the house edge others just take it from the profits made 25% isn't that high but I would really like to see it going down to something like 0.15% since the house edge is lower and investors are expecting to win less I would expect it to be higher, considering the house edge is lower :thinking: which means the operators of the site earns less. On yolodice isn't it 35%? or am I mistaken?
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SyGambler
Legendary
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Activity: 2436
Merit: 1804
guess who's back
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October 02, 2018, 07:44:08 PM |
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The only investment fee is a divest fee of 25% of your profits. This fee comes out weekly (every Sunday) and only applies when your investment is positive.
Is this a normal thing to have such a huge divest fee? I often saw others put 0-2% but never saw this huge fee. Let assume the investors get 1 btc profit and to pay 0.25 btc as their divest fee, I do not really think they will agree on this term. Any explanation why you get 25% fee from investors profit? Sorry no offend Most of our competitors are higher than this number, I would guess the average is 35% and some charge an additional investing fee when you start or an early divest fee. I expect more than 25% of the profits from investments to be used on running costs and promotions for a long time to come. yeah true I didn't say it's not reasonable , it's still good but if things went as planned and the site became really popular then I guess the same scenario that happened with the other sites will happen which is a site having really big bankroll without getting enough daily wagers so this should reduce the roi for investors , I may be wrong tho but at the moment it's really great with low bankroll since profit/loss are noticeable daily , dicebet is the first site that made me check it once every couple of hours or so since bankroll is really moving
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veleten
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Activity: 2016
Merit: 1106
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October 02, 2018, 08:13:25 PM |
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ah,finally 10% affiliate is not the best offer around, but since its a new site (and a good one too) promoting it could very profitable in the long run, before the market saturates lets see if some of my friends can be seduced to play here
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