ReelDice.com - The Bitcoin Dice Industry meets change [EDITED]

[rhinobits]

As I said before and still saying now. More BTC dice and gambling games are coming. This market is getting crowded.
In my opinion, only gambling projects with enough funds and good strategy will survive.

I agree. Though I have also seen large projects with very strong backing fail. Just as an example, Calvin was able to build his empire with $25,000 seed money. He also started in a pretty crowded market. The normal misconception is that the market is not big enough. But when the US passed the UIGEA in 2006, and Pokerstars had to exit the US, 10 million (Pokerstars) players lost their ability to play poker. Basically, this tells you that no one site will ever corner the gaming market. And any site, really only needs a few thousand players to be reasonably profitable. If the owners don't start living off of the player funds, it's pretty easy to develop a steady business operation. Gambling operations are very similar to banks, internal overspending is usually what kills them. And not losses. Gambling sites rarely take losses. Fortunately, the owners of Reel Dice have the funds to see it through to profitability. They have enough combined experience in the industry to ensure it can grow. Personally, and I started in the gaming industry in 1999, I like their chances. We can talk about the bonus as an example if you are interested.

[okala]

Most time the success of business does not mostly come from how huge the capital is, we have seen business that start with hug capital not getting to success, but any all the best in you project and waiting for feedback from those that have tried the site out.

[rhinobits]

Most time the success of business does not mostly come from how huge the capital is, we have seen business that start with hug capital not getting to success, but any all the best in you project and waiting for feedback from those that have tried the site out.

We're waiting for feedback too! We're working on pretty much every suggestion in this thread. We expect the mobile version to be in production by mid next week. Have made some adjustments to the color scheme as per some complaints, suggestions, and will continue to monitor thia board for anything else that we can use to make the site better. We appreciate all the support.

[slaman29]

Hi Slaman,

A sense of humor is important in this industry. 

The manual setting for the payout adjustment is below the slider. There is a field there called Bet Line. You can manually enter your preferred bet line there. We could also convert that to a Number field which will give you an up or down arrow inside the field. Hell, I'll probably ask for that tomorrow.

We worked for weeks on just the speed alone. It was very frustrating and hard work. But it paid off rather well. Thank you for recognizing that.

Showers, yes, our calculations indicate we can manage the showers even if they happen to surprise us. We have adequate funds in place for any harsh surprises.

Most sites will not allow people to withdraw faucet earnings, but we believe that rather than pay advertising, it's better to actually reward the players. The only unknown is abuse. For the moment, we're trying to avoid placing restrictions on the showers. If it gets to be too much we'll think of something that isn't some CAPTCHA that we all hate.

Thank you very much for your response, I must admit to myself sometimes I am not the smartest kid on the playground;) So yes, I found the manual adjuster below the slider. And yes the actual number field is best, some of us have very specific percentage chance or payout chance we like to use.

Speed is also as you say so important to dicers. I cannot stress that enough.

I've seen a lot of sites also play around with faucets to prevent abuse but I think if the system itself is good, the faucet doesn't have to be the main deterrent (as in the size).

Welcome once more.

[OrangeSeller]

Let me introduce you to https://www.reeldice.com

This image has the TLDR of the below in image format.


A brand new Bitcoin Dice site. I know, I know, not another Bitcoin Dice site!

Yes, another one. With a few twists, but one very, very big difference.

The first twist is subtle. It has three pairs of dice. So 6 numbers instead of four. No particular reason, we just think it's a visual way to stand apart.

Now for years, most dice sites have been struggling with the bonus system. Many have failed spectacularly. Many have expounded that failure in the way they've handled it.

Most sites offer an initial bonus. Some even offer a few bonuses to bring the players back. Our line of thought was, if a player comes in for that initial bonus, why not offer a bonus on every deposit? Why not treat a player's money with the same respect each time they deposit? Treating all players as if this is their first time. So we have instituted what we call the Infinite Bonus. 50% bonus on each and every transaction on the site. For the time being, we're limiting this bonus to the equivalent of €50.00. Of course, we are also looking to encourage €100 as the average deposit.

Another problem we found is that if a player runs out of money during the bonus cycle, most sites tend to obliterate that bonus. Itś like a big middle finger to the player for having lost their money. We allow that bonus to remain active. The next time the player comes in and deposits, he will get his new bonus, plus still be able to finish the betting cycle for his last bonus. Basically, as long as you are playing, your betting will always be counting down towards a bonus. Only by withdrawing will you wipe out any pending bonuses. Yes, you can withdraw whenever you like, without any obligation to finish your bonus requirements.

One other major difference, is that we don't call it the faucet. We call it the Shower. Why? Two reasons. When you request a shower, we give you a random amount between 1000 and 5000 satoshis. Our minimum bet is 100 satoshis. The other reason is because at ReelDice.com, our showers come with the same betting requirements as the bonuses. Meaning that once you meet the bonus betting requirements, you own those satoshis and as long as you are able to accumulate the minimum €10 withdrawal limit on showers, youŕe good to go.

Our betting requirements are 50 times the deposit. Now, 50 times the deposit will seem high to some people. And it is high, but the only way to support a bonus structure that does not end, and for the numbers to work, is to have wager requirements that have a mathematically acceptable completion curve. Basically, the game having a 50% chance of winning, our math gurus figured out that 50 times the deposit is the sweet spot where the chances of meeting the requirements are equal to those of not meeting them. Basically, during millions of spins, the chances of meeting the requirements are 50%, the same as the odds of the game.

Now, having said all that, when you visit our site, you will notice a red label by the logo that says BETA. We have placed it there for several reasons. One, so players know that the software is in BETA and though fully operational, we are hesitant to call it complete until it has enough player rounds to be passed into full production. No amount of quality assurance testing survives actual players in warfare mode. We are pushing changes to the site at a very fast pace. We will not push changes that affect the play without due notice. But we do expect to push development to the limits.

For anyone wondering, we have exactly 23 robots playing the site right now. So no, we're not making any attempts to fool anyone, we are basically looking to load test the site and hopefully not have the site look like it's fully empty. I'm not sure if this is standard policy to announce the existence of robots, but we don't feel this is an issue.

Investors, we are not actively looking for investors. But we are willing to listen to suggestions on an Investor program.

Affiliates, at the present time, we don't feel that making a call to any and all affiliates is the way to go. We are willing to talk to people who can really make a difference in traffic and are open to all discussions. So if you happen to be an affiliate that can actually move real players, and are looking for an outfit where you will be a part of a limited crew of affiliates, yes, we'd love to talk.

Translations, if you would like to help out with translations into your language, contact us and we can talk. The system is capable of handling any UTF8 language. We have already secured translators for Japanese, Hong Kong Chinese and Mandarin. We would like to find Brazilian Portuguese, Romanian, Ukranian and are open to all languages really. So contact us if you are interested.

Finally, if anyone has any questions, suggestions, requests, complaints, criticism (Please be nice), we will be more than glad to discuss and promise to make every reasonable attempt to satisfy.

Software:
HTML5 - JQuery - Javascript - PHP - Mysql - Apache - Socketo.me Ratchet WebSocket
Here's a very special nod to SweetAlert2, and awesome project available on GitHub. We use it extensively.

If anyone wants to talk shop, contact me through here. We can discuss.

What's left. The name is Reel Dice. The dice part is obvious. The reel part is because we are working on slot machines. We expect to be able to begin deploying them soon. They will be HTML5 based and will be very cool.

Oh, PS, we are aware that we still have some work to do on how the site looks on a mobile phone. We're working on that. But life is really short for CSS. We are working on it. I promise.

So how does this really work, does users get the 50€ bonus on every deposit they make, not minding the amount they deposit? Or is there a particular amount that you will have to deposit before you will be given the 50€ bonus? And I'd like say that you guys do have a good idea on how you have decided to do your own thing, though I'm not really the kind of person that trust things easily, so I still don't believe this yet. I will still need review from others before I can decide whether I should go ahead with this or not.

[rhinobits]

So how does this really work, does users get the 50€ bonus on every deposit they make, not minding the amount they deposit? Or is there a particular amount that you will have to deposit before you will be given the 50€ bonus? And I'd like say that you guys do have a good idea on how you have decided to do your own thing, though I'm not really the kind of person that trust things easily, so I still don't believe this yet. I will still need review from others before I can decide whether I should go ahead with this or not.

Hi, the €50 is an example. But any amount deposited receives a 50% bonus. The reason I used €50 is because that is the maximum bonus awarded. So, deposit €50 -- get €25, €60 -- €30. Basically, deposits of over €100 are discouraged. This solves several problems, it serves as an incentive for players to pace themselves and not deposit more than they should. Which is good for everyone in the beginning.

We are very aware that trust is earned. Our strategy is to grow organically. Everyone likes explosive growth, we have a long term vision in place. By all means, everyone take your time. That is the reason for the showers, so people can come in and try the game and experiment. Obviously, we want people making deposits, but we also want everyone to feel safe when making them. In the mean time, everyone's opinion is valuable to us so please keep them coming. Good or bad, the good ones make us happy, the bad ones tell us which direction we need to go.

[rhinobits]

First thing I'd like to do is thank everyone for all your suggestions and opinions. You guys gave everyone in our team that extra boost of confidence with your very generous comments. So without further ado, I'd like to tell you guys what we have been doing since this post first hit, and what has happened during this time.

Because of all of your insistence on the mobile version, I was able to convince the owners to prioritize the development and am happy to say that it is ready and we are now waiting for your comments. We had to take the site offline for a few days in order to upgrade all the changes that, thanks to you guys, I was able to push through with high priority. Because, well, you know, having all these comments really helped me argue for a huge change in priorities.

1- Mobile Version is ready
2- We've added a Game History Search that is as extensive as you'd like to make it.
3- We beat our designer with a pretty big stick and had him redo some of the things that you guys most complained about. I think we've achieved a better look and feel now.
4- We've added a Tour in order to allow new players to understand the game better. We're only making it available on the PC version for now, the guys are working on the mobile version.
5- We've added sounds! Dorky sounds if you ask me, but sounds nonetheless. We also made it so the sounds are OFF by default. They have to be turned on if you want to hear them.
    The button to turn on the sounds are located just above the chat and to the left.
6- The site will be translated into Japanese and Chinese in the next few weeks. If anyone has suggestions for other languages, please feel free to discuss.
7- We decided to take the site out of BETA, specifically because what made us keep it in beta were some of the above points. So we're declaring it ready for prime time now.

After having said all of this, I want to once again thank you guys for the wonderful and warm welcome you gave us. We hope to continue improving on the site as we head into the future.
We have slot machines in the works, and maybe even blackjack and multi-player poker that we are looking to add in the near future.

Now here's a question for you guys. Affiliate Program or Player Referral Program? The general consensus around here is that it is better to always reward the players. We'll keep a keen
eye on your comments about this.

Once again, thank you, thank you.

[panjul07]

Most time the success of business does not mostly come from how huge the capital is, we have seen business that start with hug capital not getting to success, but any all the best in you project and waiting for feedback from those that have tried the site out.

But it is a gambling business, not a business in general where you can start with small capital. In this gambling industry, a big bankroll is like a must so it can attract many users starting from small users to whales. If a gambling site has no good capital to start, how they can a gambling site expect to get many users? A gambling site needs to spend much money for some expenses (not only for bankroll) in order to be a success site. Indeed, huge capital is not a guarantee to success but a success is depending on how the owner manage the site but at least an owner of gambling site who has huge capital will be easier to manage the site.

[Pamadar]

First thing I'd like to do is thank everyone for all your suggestions and opinions. You guys gave everyone in our team that extra boost of confidence with your very generous comments. So without further ado, I'd like to tell you guys what we have been doing since this post first hit, and what has happened during this time.

Because of all of your insistence on the mobile version, I was able to convince the owners to prioritize the development and am happy to say that it is ready and we are now waiting for your comments. We had to take the site offline for a few days in order to upgrade all the changes that, thanks to you guys, I was able to push through with high priority. Because, well, you know, having all these comments really helped me argue for a huge change in priorities.

1- Mobile Version is ready
2- We've added a Game History Search that is as extensive as you'd like to make it.
3- We beat our designer with a pretty big stick and had him redo some of the things that you guys most complained about. I think we've achieved a better look and feel now.
4- We've added a Tour in order to allow new players to understand the game better. We're only making it available on the PC version for now, the guys are working on the mobile version.
5- We've added sounds! Dorky sounds if you ask me, but sounds nonetheless. We also made it so the sounds are OFF by default. They have to be turned on if you want to hear them.
    The button to turn on the sounds are located just above the chat and to the left.
6- The site will be translated into Japanese and Chinese in the next few weeks. If anyone has suggestions for other languages, please feel free to discuss.
7- We decided to take the site out of BETA, specifically because what made us keep it in beta were some of the above points. So we're declaring it ready for prime time now.

After having said all of this, I want to once again thank you guys for the wonderful and warm welcome you gave us. We hope to continue improving on the site as we head into the future.
We have slot machines in the works, and maybe even blackjack and multi-player poker that we are looking to add in the near future.

Now here's a question for you guys. Affiliate Program or Player Referral Program? The general consensus around here is that it is better to always reward the players. We'll keep a keen
eye on your comments about this.

Once again, thank you, thank you.

Nicely done and best to listen with players/gamblers suggestions, adjusting with how people wanted to see out from your site will add more interest visiting and playing if getting the chance, it's always better to act this way and prioritize what will be the best things to do and how things will be updated,.

[bering]

Still not register yet because i still read the terms of your site but regarding the terms whether is that true if KYC required to have an accounts at there or asking KYC only required to particular cases and how much minimum for withdraw and deposit because i could not find the requirements for this

[crypto73589]

I played with "shower" and requested withdrawal 0.00117 BTC waiting for approval...

https://snag.gy/TBKpFw.jpg

I'll update once I received... 

[crypto73589]

I played with "shower" and requested withdrawal 0.00117 BTC waiting for approval...

https://snag.gy/TBKpFw.jpg

I'll update once I received... 

Cancelled myself above withdrawal and played again right now I have 0.013btc but now withdrawal got error91 

https://snag.gy/rUcgPF.jpg

waiting for update...

[crypto73589]

I played with "shower" and requested withdrawal 0.00117 BTC waiting for approval...

https://snag.gy/TBKpFw.jpg

I'll update once I received... 

Cancelled myself above withdrawal and played again right now I have 0.013btc but now withdrawal got error91 

https://snag.gy/rUcgPF.jpg

waiting for update...

Still I'm playing my balance reduced to 0.0075, still can't withdrawal got error like this

"Error: 91 Amount Requested  0.00769153 is lower than the minimun withdrawal amount of  0.00137500 for showers."

[rhinobits]

I played with "shower" and requested withdrawal 0.00117 BTC waiting for approval...

https://snag.gy/TBKpFw.jpg

I'll update once I received... 

Cancelled myself above withdrawal and played again right now I have 0.013btc but now withdrawal got error91 

https://snag.gy/rUcgPF.jpg

waiting for update...

Still I'm playing my balance reduced to 0.0075, still can't withdrawal got error like this

"Error: 91 Amount Requested  0.00769153 is lower than the minimun withdrawal amount of  0.00137500 for showers."

Hi Crypto,
For some reason, earlier, the system failed to enforce the minimum withdrawal amount. That error you are receiving is the correct behavior. Because this error was a rather simple error, the site manager has decided to allow your withdrawal to proceed. You will be receiving payment for the 0.0076915 during the day today.

For your next showers, make sure you exceed the 0.00137500 withdrawal minimum.

[rhinobits]

Still not register yet because i still read the terms of your site but regarding the terms whether is that true if KYC required to have an accounts at there or asking KYC only required to particular cases and how much minimum for withdraw and deposit because i could not find the requirements for this

When you're right, you're right. We do not ask for KYC because the amounts that we are dealing with are small. As well, we are not in agreement with taking personally identifying information from people without a very valid reason. Our general policy will always be to avoid collecting KYC information unless our security team feels there may be foul play involved in a transaction.

Thank you for the heads up. Today, we will be reviewing the terms and conditions and making sure that these explanations are visible and clearly stated. Please keep the comments coming.

[rhinobits]

First thing I'd like to do is thank everyone for all your suggestions and opinions. You guys gave everyone in our team that extra boost of confidence with your very generous comments. So without further ado, I'd like to tell you guys what we have been doing since this post first hit, and what has happened during this time.

Because of all of your insistence on the mobile version, I was able to convince the owners to prioritize the development and am happy to say that it is ready and we are now waiting for your comments. We had to take the site offline for a few days in order to upgrade all the changes that, thanks to you guys, I was able to push through with high priority. Because, well, you know, having all these comments really helped me argue for a huge change in priorities.

1- Mobile Version is ready
2- We've added a Game History Search that is as extensive as you'd like to make it.
3- We beat our designer with a pretty big stick and had him redo some of the things that you guys most complained about. I think we've achieved a better look and feel now.
4- We've added a Tour in order to allow new players to understand the game better. We're only making it available on the PC version for now, the guys are working on the mobile version.
5- We've added sounds! Dorky sounds if you ask me, but sounds nonetheless. We also made it so the sounds are OFF by default. They have to be turned on if you want to hear them.
    The button to turn on the sounds are located just above the chat and to the left.
6- The site will be translated into Japanese and Chinese in the next few weeks. If anyone has suggestions for other languages, please feel free to discuss.
7- We decided to take the site out of BETA, specifically because what made us keep it in beta were some of the above points. So we're declaring it ready for prime time now.

After having said all of this, I want to once again thank you guys for the wonderful and warm welcome you gave us. We hope to continue improving on the site as we head into the future.
We have slot machines in the works, and maybe even blackjack and multi-player poker that we are looking to add in the near future.

Now here's a question for you guys. Affiliate Program or Player Referral Program? The general consensus around here is that it is better to always reward the players. We'll keep a keen
eye on your comments about this.

Once again, thank you, thank you.

Nicely done and best to listen with players/gamblers suggestions, adjusting with how people wanted to see out from your site will add more interest visiting and playing if getting the chance, it's always better to act this way and prioritize what will be the best things to do and how things will be updated,.

Thank you very much. This site is for the players, so it's only natural that we listen and make every attempt to give players what they want. Once again, thank you.

[rijaljun]

The game seems fun, but the minimum bet is 100 Satoshi? It's too high for me. You should lower it to 10 Satoshi so I can play longer since I don't care with winning or losing.

[rhinobits]

The game seems fun, but the minimum bet is 100 Satoshi? It's too high for me. You should lower it to 10 Satoshi so I can play longer since I don't care with winning or losing.

Hi, 100 Satoshis is the minimum because the game pays out in decimals. Paying out 1.96 on a 10 Satoshi bet is impossible unless we add more zeros to the Satoshi.
100 is the mathematically correct minimum for the game. 100 Satoshis is the equivalent of 0.0072 cents Euros now. 0.0082 in USD.

My apologies, but this specific game requires the 100 Satoshis minimum, as explained to me by the tech guys.

[slaman29]

VERY nice updates to OP, of course I know this will not be the final version as it's still a new site and lots of feedback to take into account but already the mobile version is great.

My suggestion, on the side of languages, is to include Russian and Indonesian. I personally don't speak either of these but if you spend time online on dice sites besides English speaking channels, those two are the biggest gamblers online. Just my opinion!

[crypto73589]

I played with "shower" and requested withdrawal 0.00117 BTC waiting for approval...

https://snag.gy/TBKpFw.jpg

I'll update once I received...  

Cancelled myself above withdrawal and played again right now I have 0.013btc but now withdrawal got error91  

https://snag.gy/rUcgPF.jpg

waiting for update...

Still I'm playing my balance reduced to 0.0075, still can't withdrawal got error like this

"Error: 91 Amount Requested  0.00769153 is lower than the minimun withdrawal amount of  0.00137500 for showers."

Hi Crypto,
For some reason, earlier, the system failed to enforce the minimum withdrawal amount. That error you are receiving is the correct behavior. Because this error was a rather simple error, the site manager has decided to allow your withdrawal to proceed. You will be receiving payment for the 0.0076915 during the day today.

For your next showers, make sure you exceed the 0.00137500 withdrawal minimum.

I'm sorry I can't understand minimum withdrawal 0.001375 but i placed higher than minimum anyhow, right now my account balance is 0.0094, can you please clear me when I receive 0.0076915,


Thanks,