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[ahmadakbari]

So, I still think betting small on high odds of winning is a better strategy because even if you lose you lose small amount and there is a chance of hitting 100 in a row wins (even if you lose once or twice its small amount) and that ends up with high wagered amount.

With wagering low amounts you are expected to lose 1% of the total amount you wager.
If you bet 100 Satoshi 100,000 times, there is no difference the multiplier is 1.1 or 100.

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[windice]

[mitchr4]

So, I still think betting small on high odds of winning is a better strategy because even if you lose you lose small amount and there is a chance of hitting 100 in a row wins (even if you lose once or twice its small amount) and that ends up with high wagered amount.

With wagering low amounts you are expected to lose 1% of the total amount you wager.
If you bet 100 Satoshi 100,000 times, there is no difference the multiplier is 1.1 or 100.

However the strategy will not work eventually we will also lose money. Because when betting a low amount with a high chance, the profit obtained is only slightly not proportional to the number of wagers you make. When you lose a bet will recover if you have for example 10 wins but what if in 10 times there are several bets that lose would be difficult to recover and even get profit.

[veleten]

cool! BCH support is added by windice!
not a huge fan of Bitcoin cash in general , but it is pretty popular among gamblers it seems
I say the more the merrier , the more coins a site supports , the more players and more volume it has
maybe add Ripple or Dash support next , probably the next two popular altcoins ( if it can be said about crappy centralized ripple , but meh)

[windice]

[Indymoney]

Its good achievement by you and your team in very less time congrats from me keep up this I love to be on site every day.

[livingfree]

Great, two news for this day. Although I'm not a fan of BCH and don't like it but the more support for different altcoins is good for the platform.

And here we go, 220M bets as another achievement for windice.

[Juggy777]

Great, two news for this day. Although I'm not a fan of BCH and don't like it but the more support for different altcoins is good for the platform.

And here we go, 220M bets as another achievement for windice.

@livingfree it’s surprised me also that they have added support for BCH, was there any demand from their existing user base for adding BCH?. Congratulations Windice that’s a huge milestone, and it seems each time I visit this ANN I’m greeted by a new milestone achieved by the Windice team.

[Blowon]

was there any demand from their existing user base for adding BCH?.

I'm not user BitcoinCash(BCH). But i trade on it sometimes, just take a part in best moment. So far I did spend BCH to casino from rewards of hardforks xD. Based Rank on CMC, they have big demand trade(Volume), which mean probably those people using BCH for trade,spend, and gambling.

[leea-1334]

With wagering low amounts you are expected to lose 1% of the total amount you wager.
If you bet 100 Satoshi 100,000 times, there is no difference the multiplier is 1.1 or 100.

There is a difference for sure. In how long you can last, and how many wagers you can accumulate. So the difference is not in the expected loss amounts,,, but in the expected number of rolls before you lose that amount.

If you bet 100 satoshi at 100, you will expect to lose it 99 times out of 100 (roughly). So if you only have 1000 satoshi you can bet ten times and very high chance to lose it all without winning.

But if you bet at 1.1 you can expect to last 10 rolls and win once,,, Get it?

[dunfida]

Great, two news for this day. Although I'm not a fan of BCH and don't like it but the more support for different altcoins is good for the platform.

And here we go, 220M bets as another achievement for windice.

@livingfree it’s surprised me also that they have added support for BCH, was there any demand from their existing user base for adding BCH?. Congratulations Windice that’s a huge milestone, and it seems each time I visit this ANN I’m greeted by a new milestone achieved by the Windice team.

In demand or  not, adding up more crypto deposit options is still a good one yet this will extent out for people to deposit in multiple coins.
This isnt something new yet majority of top gambling sites nowadays already done this stuff so its no surprise that this would be just like a
normal or typical feature for a site to have.

[livingfree]

Great, two news for this day. Although I'm not a fan of BCH and don't like it but the more support for different altcoins is good for the platform.

And here we go, 220M bets as another achievement for windice.

@livingfree it’s surprised me also that they have added support for BCH, was there any demand from their existing user base for adding BCH?. Congratulations Windice that’s a huge milestone, and it seems each time I visit this ANN I’m greeted by a new milestone achieved by the Windice team.

I guess there is.

They wouldn't add a coin if there's no demand for it. And another thing is that there's a lot of casinos that has added BCH on their support. Meanwhile, as we don't think that there's a huge usage of it and we don't use it, they won't decide about it if it's not useful on their end.

[dark08]

Great, two news for this day. Although I'm not a fan of BCH and don't like it but the more support for different altcoins is good for the platform.

And here we go, 220M bets as another achievement for windice.

@livingfree it’s surprised me also that they have added support for BCH, was there any demand from their existing user base for adding BCH?. Congratulations Windice that’s a huge milestone, and it seems each time I visit this ANN I’m greeted by a new milestone achieved by the Windice team.

I guess there is.

They wouldn't add a coin if there's no demand for it. And another thing is that there's a lot of casinos that has added BCH on their support. Meanwhile, as we don't think that there's a huge usage of it and we don't use it, they won't decide about it if it's not useful on their end.

Yup that it right maybe the demand for BCH user are a lot because I see most online casino offer a BCH on their site, this is also a good promotion to attract morr player specially those player that want to ise BCH as their fund.

[suzanne5223]

cool! BCH support is added by windice!
not a huge fan of Bitcoin cash in general , but it is pretty popular among gamblers it seems
I say the more the merrier , the more coins a site supports , the more players and more volume it has
maybe add Ripple or Dash support next , probably the next two popular altcoins ( if it can be said about crappy centralized ripple , but meh)

No hard feels. Ripple and XRP are actually not the same thing but belong to the same CEO. However, the last time I checked most crypto gambling site barely accept XRP due to its status in the market and I believe gambling add coin base on their user opinion with the coin level of profitable in the market.
Weldone Windice for adding more coin.

[veleten]

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No hard feels. Ripple and XRP are actually not the same thing but belong to the same CEO. However, the last time I checked most crypto gambling site barely accept XRP due to its status in the market and I believe gambling add coin base on their user opinion with the coin level of profitable in the market.
Weldone Windice for adding more coin.

I agree to disagree - most of the top sites have support for XRP
it happened to be the newest coin added on Stake and it is extremely popular among the HR bettors
at least a decent amount of highrollers bets are made in ripple , you can see for yourself
Bitsler added XRP long time ago and other sites have support too , namely cryptogames and duckdice , from the top of my head
every new coin added means new gamblers and , potentially , new whales , playing
this is why some sites introduce relatively unknown and not so popular coins , simply because there are not many places yet  that accept it and there is a high chance a whale or a miner starts to play and brings profit to the casino

[SquallLeonhart]

With wagering low amounts you are expected to lose 1% of the total amount you wager.
If you bet 100 Satoshi 100,000 times, there is no difference the multiplier is 1.1 or 100.

There is a difference for sure. In how long you can last, and how many wagers you can accumulate. So the difference is not in the expected loss amounts,,, but in the expected number of rolls before you lose that amount.

If you bet 100 satoshi at 100, you will expect to lose it 99 times out of 100 (roughly). So if you only have 1000 satoshi you can bet ten times and very high chance to lose it all without winning.

But if you bet at 1.1 you can expect to last 10 rolls and win once,,, Get it?

That is only makes you gamble longer, it doesn't really change the outcome as much. Sure, if you are working towards the competition that means gambling as much as possible is the important part and betting on 100 is bad idea because you would lose quickly and betting on 1.1 is a good idea because you can gamble longer.

However if you want to "win" both will end up in the same result which is losing all your money eventually even if it takes a quick second or a year, it all leads to loss. Contests like these are just making trying to figure out methods how they could gamble as much as possible and not lose too much money, at least not more than the reward the contest is giving, that is not bad for the casino but eventually how could you expect not to lose.

[AakZaki]

maybe if I may suggest, what if there are many choices of coins whose prices are still cheap such as XLM, TRX, XRP and others.  because I think for beginner gambling players only have a little capital, it is better if added to the coin that I mentioned earlier in order to facilitate the deposit of novice gamblers.  besides that the coin that I mentioned earlier also has a cheap withdrawal fee.  This is only a suggestion, the policy in your hands.

[dunfida]

maybe if I may suggest, what if there are many choices of coins whose prices are still cheap such as XLM, TRX, XRP and others.  because I think for beginner gambling players only have a little capital, it is better if added to the coin that I mentioned earlier in order to facilitate the deposit of novice gamblers.  besides that the coin that I mentioned earlier also has a cheap withdrawal fee.  This is only a suggestion, the policy in your hands.

All things would have their own time 

Currently they do already had  BTC,ETH,LTC,DOG & BCH. They are targeting most common coins that majority uses.When we do talk about
small price or cheap ones then DOGE would already be enough for that.

[livingfree]

I guess there is.

They wouldn't add a coin if there's no demand for it. And another thing is that there's a lot of casinos that has added BCH on their support. Meanwhile, as we don't think that there's a huge usage of it and we don't use it, they won't decide about it if it's not useful on their end.

Yup that it right maybe the demand for BCH user are a lot because I see most online casino offer a BCH on their site, this is also a good promotion to attract morr player specially those player that want to ise BCH as their fund.

That's the purpose of adding BCH to the supported coins of windice, to attract those people that are into this coin.

But on my side, I've decided not to use this coin and even on gambling.

[darewaller]

I am horribly sorry but I hate bitcoin cash, of course adding one of the top currencies here is a great move and I can't be really against it because I know there are people who would love to gamble with bitcoin cash and as long as there are other coins that means I won't be bothered, if I hate bitcoin cash all I have to do is not gamble with it and that will be the end of it for me.

However, for a website we support so much it is really shame that we are supporting a coin that literally was created so that miners could make more profit, the whole reason of bitcoin cash creation was Jihan Wu and Roger Ver wanted to make more profits from their mining and they even wanted to change bitcoin itself but only created btc cash when they couldn't turn bitcoin.