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Author Topic: ♨️🎲 WINDICE.io 🎲 0.3 BTC Wagering Contest 🔰 Progressive Faucet💰 Jackpots 🎁❤  (Read 15505 times)
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September 29, 2019, 07:31:33 AM
 #1441

veleten
Unfortunately or fortunately, the windice administration did not even put any protection on the IP address, you can simply open a new user in the chrome browser and create an infinite number of accounts and use the faucet (which system is so rigged). Do you think this is a high-end casino? Is it adequate to introduce such a structure of transferring coins to other users with a minimum balance of 0.002 btc at a time when there is a huge hole ignoring user IP verification?  Huh
Man, you scare me.  How is it that I or someone else can open another user in my browser?  Am I starting to worry that my account may also be available to someone?  It seems to me that if a participant, when registering his account on Windice, entered the passwords correctly to protect his account and did two-factor authentication using the Google application and email, then all his funds are under fairly good protection.  Or am I misunderstanding something?

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September 29, 2019, 08:05:02 AM
 #1442

Congratulations to the winners of the contest!


Well, well, well, I've won first place Cheesy

Congrats, @yoloer808! With over 5 BTC wagered you totally deserve it. Also, congrats to @veleten, @Furlicious, @shahjee123 and others who managed to finish in the top 50!

Last time I checked I was on the 164th place:



But that was like 12 hours before the end of the contest. I knew that the main struggle will unfold closer to the end, so I decided to login to WinDice during the last hour ... and then, sadly, I forgot about it. Now, seeing the leaderboard, I can say that I had no chance to finish in the top 10, but I could finish in the top 40 though. Should have set a reminder, I guess.) Congrats to all the winners again!

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September 29, 2019, 08:08:49 AM
 #1443

I do not recommend anyone to get involved in this casino. The thing is that it is adjusted so that you lose. Namely:
1. The minimum bet is 10 satoshi.
2. Minimum sending between users is allowed only if you have more than 0.002 bitcoins on your balance. That is, the administration itself forces you to play a minimum of 0.002 or more decent amounts, which naturally you will not succeed.
3. The commission for the withdrawal of 0.0002, which is just a wild sum for this kind of institution.

I do not see how these three parameters will be the reason to lose at windice ? All these three factors do not contribute to the winning or losing.

As per my experience at windice, I do not find any reason why we should not  gamble there. It's perfectly safe and enjoyable to gamble at this site.

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September 29, 2019, 08:13:49 AM
 #1444

The weird thing about wagering contests is that most of the time people who end up in the top 5 positions all way until the last seconds to see and feel how the last seconds will be like so they don't gamble too much. Isn't the purpose of a contest is to see who can do the most damage?

I mean whats point of making as minimum as possible while still being top wagered winner? Sometimes I see people in other places with like 200 btc at top place while second is just 1 or something which makes more sense, if you can do a high amount of gambling then you should do it in a contest, of course if you want to gamble that is, if you don't want to gamble then don't join the contest at all. If you have the money for it and if you want to join then you should join totally and not like this.

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September 29, 2019, 08:14:14 AM
 #1445

The first winner of the contest has wagered 5 Bitcoins and won 0.1 Bitcoin as the prize. As the house edge is 1%, the expected loss amount is 0.05 bitcoin. He has won twice this amount. It shows that how the contest provide gamblers a good opportunity. The profit of the first place winner was guaranteed. He could also win this prize with wagering 3.5 bitcoins and 0.035 expected loss.
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September 29, 2019, 09:04:31 AM
 #1446

veleten
Unfortunately or fortunately, the windice administration did not even put any protection on the IP address, you can simply open a new user in the chrome browser and create an infinite number of accounts and use the faucet (which system is so rigged). Do you think this is a high-end casino? Is it adequate to introduce such a structure of transferring coins to other users with a minimum balance of 0.002 btc at a time when there is a huge hole ignoring user IP verification?  Huh
Man, you scare me.  How is it that I or someone else can open another user in my browser?  Am I starting to worry that my account may also be available to someone?  It seems to me that if a participant, when registering his account on Windice, entered the passwords correctly to protect his account and did two-factor authentication using the Google application and email, then all his funds are under fairly good protection.  Or am I misunderstanding something?
Are you all right with perception? I'm talking about the fact that the site does not have protection against multi-accounts. And here is the protection?! Anyone can now attach 2FA to their site, there is no problem with that. Therefore, it is you who scare me in this situation.

 
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September 29, 2019, 09:58:24 AM
 #1447

The weird thing about wagering contests is that most of the time people who end up in the top 5 positions all way until the last seconds to see and feel how the last seconds will be like so they don't gamble too much. Isn't the purpose of a contest is to see who can do the most damage?


I have similar experience in wagering contest which are for shorter time duration. While we are seeing who is wining and losing, in the last minutes or seconds, suddenly we see a lot of hidden members appears and also with big wagering amount and those are the ones who mostly got the top positions. I sometimes have the feeling that sites manipulate the results of the wagering contest and award the winners to their self made hidden accounts.



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September 29, 2019, 10:46:52 AM
Last edit: September 29, 2019, 11:12:14 AM by atjiat
 #1448

veleten
Unfortunately or fortunately, the windice administration did not even put any protection on the IP address, you can simply open a new user in the chrome browser and create an infinite number of accounts and use the faucet (which system is so rigged). Do you think this is a high-end casino? Is it adequate to introduce such a structure of transferring coins to other users with a minimum balance of 0.002 btc at a time when there is a huge hole ignoring user IP verification?  Huh
Man, you scare me.  How is it that I or someone else can open another user in my browser?  Am I starting to worry that my account may also be available to someone?  It seems to me that if a participant, when registering his account on Windice, entered the passwords correctly to protect his account and did two-factor authentication using the Google application and email, then all his funds are under fairly good protection.  Or am I misunderstanding something?
Are you all right with perception? I'm talking about the fact that the site does not have protection against multi-accounts. And here is the protection?! Anyone can now attach 2FA to their site, there is no problem with that. Therefore, it is you who scare me in this situation.
I apologize, I really misunderstood your statements and that is why I was at a loss. Apparently I did not get enough sleep that night or got up on the wrong foot.  Grin I apologize again, friend.

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September 29, 2019, 10:52:15 AM
 #1449

Congratulations to the winners of the contest!


Well, well, well, I've won first place Cheesy

Congrats, @yoloer808! With over 5 BTC wagered you totally deserve it. Also, congrats to @veleten, @Furlicious, @shahjee123 and others who managed to finish in the top 50!

Last time I checked I was on the 164th place:



But that was like 12 hours before the end of the contest. I knew that the main struggle will unfold closer to the end, so I decided to login to WinDice during the last hour ... and then, sadly, I forgot about it. Now, seeing the leaderboard, I can say that I had no chance to finish in the top 10, but I could finish in the top 40 though. Should have set a reminder, I guess.) Congrats to all the winners again!

Thanks, it was a pleasure to participate, looking forward to the next race.
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September 29, 2019, 11:17:39 AM
 #1450

veleten
Unfortunately or fortunately, the windice administration did not even put any protection on the IP address, you can simply open a new user in the chrome browser and create an infinite number of accounts and use the faucet (which system is so rigged). Do you think this is a high-end casino? Is it adequate to introduce such a structure of transferring coins to other users with a minimum balance of 0.002 btc at a time when there is a huge hole ignoring user IP verification?  Huh
Man, you scare me.  How is it that I or someone else can open another user in my browser?  Am I starting to worry that my account may also be available to someone?  It seems to me that if a participant, when registering his account on Windice, entered the passwords correctly to protect his account and did two-factor authentication using the Google application and email, then all his funds are under fairly good protection.  Or am I misunderstanding something?
Are you all right with perception? I'm talking about the fact that the site does not have protection against multi-accounts. And here is the protection?! Anyone can now attach 2FA to their site, there is no problem with that. Therefore, it is you who scare me in this situation.

If you do not see something, it doesn't mean it doesn't exist

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September 29, 2019, 05:15:02 PM
 #1451

Congratulations to all the winners, this has been a great challenge for both the players and windice. Looking at the top 50 the total overall seems such a high decent number, people did wagered a lot, however the top winner yoloer seems to wagered only 5.31, which is not bad but the closes is 3.3 than 2.56 and 7th place is already under 1 btc, which goes to show, there are plenty of small fish playing at windice, there is a ton of active users and everyone loves it, why wouldn't we its a great website.

However, there are not that many whales, yoloer seems like a decent whale, not a bad amount to wager for 3 days, definitely deserves the title of a whale but he won't be too much all by himself, in my own opinion there should have been at least 10+ people who wagered at least 1 and should be 5+ people who wagered 4+ btc.

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September 29, 2019, 05:28:56 PM
 #1452

Are you all right with perception? I'm talking about the fact that the site does not have protection against multi-accounts. And here is the protection?! Anyone can now attach 2FA to their site, there is no problem with that. Therefore, it is you who scare me in this situation.
I wouldn't be worried with their registration system being available after an account is created under the same IP. A lot of bitcoin casinos would let you create more than one account but even though they have rules against multi accounts some casinos have exceptions. For example if there's no support available and the only way to message them is through the chat box. Imo if someone was able to create another account under their own IP then the one who's at fault here is the user rather than the casino since they failed to secure their connection.

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......Play......
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September 29, 2019, 08:49:30 PM
 #1453

Congratulations to all the winners, this has been a great challenge for both the players and windice. Looking at the top 50 the total overall seems such a high decent number, people did wagered a lot, however the top winner yoloer seems to wagered only 5.31, which is not bad but the closes is 3.3 than 2.56 and 7th place is already under 1 btc, which goes to show, there are plenty of small fish playing at windice, there is a ton of active users and everyone loves it, why wouldn't we its a great website.

However, there are not that many whales, yoloer seems like a decent whale, not a bad amount to wager for 3 days, definitely deserves the title of a whale but he won't be too much all by himself, in my own opinion there should have been at least 10+ people who wagered at least 1 and should be 5+ people who wagered 4+ btc.

It was a good race. @windice, any plans for another similar race?
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September 29, 2019, 10:37:27 PM
 #1454

Congratulations to the winners of the contest!


Well, well, well, I've won first place Cheesy
Hey, hey, hey, congratulations to you yoloer808! you did well and you're really are YOLOing with the contest. Congratulations also to the other winners and it's good to see that our campaign manager yahoo also have won.  Cheesy

He's #26 and to the 2 hidden winners for 2nd and 3rd, who could they be?  Roll Eyes

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iePlay NoweiI
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Lakai01
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September 30, 2019, 04:12:42 AM
 #1455

The first winner of the contest has wagered 5 Bitcoins and won 0.1 Bitcoin as the prize. As the house edge is 1%, the expected loss amount is 0.05 bitcoin. He has won twice this amount. It shows that how the contest provide gamblers a good opportunity. The profit of the first place winner was guaranteed. He could also win this prize with wagering 3.5 bitcoins and 0.035 expected loss.
The highest win chance you can set is 98%, so you have to calculate with 2% loss or I am wrong? If that is the case he has lost almost the same amount he has won?!

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September 30, 2019, 08:19:16 AM
 #1456

Well done for the first wagering contest, I wonder how much has been wagered by all players during the contest? I'm surprised to see the fact that the first winner won it with 5btc+ wagered amount only, it is considered as low amount if we compared to any other sites. Seems that whales on other sites are not aware with this nice wagering contest by windice but for sure sooner or later there will come a time when players needs to wager bigger amount than the latest contest. Waiting for the announcement for the next wagering contest.




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FIND OUT MORE AT MINTDICE.COM
Betwrong
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September 30, 2019, 09:58:12 AM
Merited by Lakai01 (1)
 #1457

The first winner of the contest has wagered 5 Bitcoins and won 0.1 Bitcoin as the prize. As the house edge is 1%, the expected loss amount is 0.05 bitcoin. He has won twice this amount. It shows that how the contest provide gamblers a good opportunity. The profit of the first place winner was guaranteed. He could also win this prize with wagering 3.5 bitcoins and 0.035 expected loss.
The highest win chance you can set is 98%, so you have to calculate with 2% loss or I am wrong? If that is the case he has lost almost the same amount he has won?!

You are forgetting about the amounts won along the way. Yes you are likely to lose 2 times within a hundred rolls playing with 98% win chance, but you should also take into account the cumulative amount of the 98 winning bets.

I just played on WinDice, and, luckily, I got the perfect illustration:



You see, although I lost two times, my negative profit is almost exactly equal to 1% of the wagered amount.

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September 30, 2019, 10:21:40 AM
 #1458

You see, although I lost two times, my negative profit is almost exactly equal to 1% of the wagered amount.
Ah damn, I didnt count in the won amount during his rolls. Splendid, thanks for your enlightment Wink

So this means at least a total of 30 BTC had to be wagered during the contest to be profitable for Windice (putting the advertising effect aside)?

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September 30, 2019, 01:03:09 PM
 #1459

veleten
Unfortunately or fortunately, the windice administration did not even put any protection on the IP address, you can simply open a new user in the chrome browser and create an infinite number of accounts and use the faucet (which system is so rigged). Do you think this is a high-end casino? Is it adequate to introduce such a structure of transferring coins to other users with a minimum balance of 0.002 btc at a time when there is a huge hole ignoring user IP verification?  Huh

ethical aspects of such behavior aside ( its a clear attempt to abuse the system )
I'm sure windice has security in place to prevent such "players" to take advantage of them
besides , it is written in their TOS that doing this is against the rules and can and will lead to all of the accounts closure and funds confiscated
love the "rigged" faucet accusations - probably cheating poor you out of their free money , tsk tsk tsk  Grin

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September 30, 2019, 02:33:29 PM
 #1460

The first winner of the contest has wagered 5 Bitcoins and won 0.1 Bitcoin as the prize. As the house edge is 1%, the expected loss amount is 0.05 bitcoin. He has won twice this amount. It shows that how the contest provide gamblers a good opportunity. The profit of the first place winner was guaranteed. He could also win this prize with wagering 3.5 bitcoins and 0.035 expected loss.
The highest win chance you can set is 98%, so you have to calculate with 2% loss or I am wrong? If that is the case he has lost almost the same amount he has won?!
The house edge is equal to 1-Payout*chance.
So based on default inputs, house edge=1-2*0.495=0.01
This number won't change if you change payout or chance. For example if you change the payout to 4, the chance becomes 24/75%. So the house edge is 1-4*0.24750=0.01
In the long term you lose 1% of the amount you bet.
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