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Author Topic: BTCDice.io - New dice site, fast rolls, instant withdrawals - INVEST  (Read 2055 times)
BTCevo
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September 28, 2019, 03:37:46 AM
 #161

Good to see that the wagering contest continues after the first one ended few days ago. I have suggestion for the contest related to its timeframes because the ending time may not be ao friendly for some timezone. So I think you should change the timeframe as well, at least give opportunity to those who live in area where the last hours of the contest is during their sleeping time.

No matter how well are your timeframe setting, the result will be just the same. OP does not want to let players in the last minute snipe everything away from the people who join in the first time they start the contest. OP want everything to have a  fair chance among the players. So in order to make it fair, their team will do their best. Mean while you can start wagering here when it still around 60k bits

Even if the owner does not want players snipping in the last minutes, what can they do about it? This kind of activity will always happen in any wagering contest.
My main idea is the same, waiting for the last minutes/hour to see the whole situation on the leaderboard. By this way I and most players will be able to calculate whether it will worth to wager and compete in the last minutes or not. I also think that sniping in the last minutes is not something unfair as it is like a strategy to be used on the contest. I wonder how it can be unfair just because the winners plays in the last minutes and how the site will do to make it fair like what you say.


They must do something that will be fair to players as well, like I said before that they should do something like winning percentage events which even big whale can't calculate the outcome as well. They can only pray for their luck. But still if you compare to the wager amount it is much more ineffective way because house will always want players to burn btc as much they can to get profit but if we are talking about the fair things for players then this might be the best way
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September 28, 2019, 05:29:35 AM
 #162

Good to see that the wagering contest continues after the first one ended few days ago. I have suggestion for the contest related to its timeframes because the ending time may not be ao friendly for some timezone. So I think you should change the timeframe as well, at least give opportunity to those who live in area where the last hours of the contest is during their sleeping time.

No matter how well are your timeframe setting, the result will be just the same. OP does not want to let players in the last minute snipe everything away from the people who join in the first time they start the contest. OP want everything to have a  fair chance among the players. So in order to make it fair, their team will do their best. Mean while you can start wagering here when it still around 60k bits

Even if the owner does not want players snipping in the last minutes, what can they do about it? This kind of activity will always happen in any wagering contest.
My main idea is the same, waiting for the last minutes/hour to see the whole situation on the leaderboard. By this way I and most players will be able to calculate whether it will worth to wager and compete in the last minutes or not. I also think that sniping in the last minutes is not something unfair as it is like a strategy to be used on the contest. I wonder how it can be unfair just because the winners plays in the last minutes and how the site will do to make it fair like what you say.


They must do something that will be fair to players as well, like I said before that they should do something like winning percentage events which even big whale can't calculate the outcome as well. They can only pray for their luck. But still if you compare to the wager amount it is much more ineffective way because house will always want players to burn btc as much they can to get profit but if we are talking about the fair things for players then this might be the best way

Maybe some calculation which compares the deposited amount and the wagering with that. With such calculation it's more fair because a whale have even big chance as a low roller.

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September 28, 2019, 05:42:59 AM
 #163

Unfortunately, in gambling and especially in crypto is very hard to standardise for the wagered amount to ensure whales don't always have the advantage simply by wagering more bets. I suppose this issue is a difficult one to address since the casinos would want players with high wagering bets. I feel if they control for this then they may risk the chance of losing the big players as these would then be disadvantaged.

This is what I'm thinking ATM, do other people have other suggestions?





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bitgolden
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September 28, 2019, 04:01:07 PM
 #164

Casinos need whales to continue their operations, do you really think that all those people who bet less than 0.1 are making the casinos profits?

There is no way they could survive with that, a casino has a ton of expenses if they are running legitimately and that means they need to keep making a ton of money as well, there is no way they could just try to barely survive, this is a business and they need profits and they need it for times that won't have too much whales as well or times when people get lucky and win, so they need to not only pay for everything and also profit but also have enough extra to put aside. Hence, whales will always be their target since they can lose a lot more in a minute than hundreds and even thousands of small timers.

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September 29, 2019, 02:41:20 AM
 #165

So the site is still down? I visited it around 6 hours ago while it was down, just checked it again now but still down. Is this site finally closing down because there is not much traffic after they offer daily wagering contest? It is just very unfortunate if the site is closing down too early just because unable to gain attraction from people in less than two week after the first contest. Hopefully I'm wrong, maybe the site is working on some improvement and will come back anytime soon.

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1982dre
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September 29, 2019, 05:46:12 AM
 #166

So the site is still down? I visited it around 6 hours ago while it was down, just checked it again now but still down. Is this site finally closing down because there is not much traffic after they offer daily wagering contest? It is just very unfortunate if the site is closing down too early just because unable to gain attraction from people in less than two week after the first contest. Hopefully I'm wrong, maybe the site is working on some improvement and will come back anytime soon.


Also down here

.....1% HOUSE EDGE.....
.....FAUCET 3.5K...........
.....RAINBOT
10K..........






















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veleten
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September 29, 2019, 12:19:16 PM
 #167

So the site is still down? I visited it around 6 hours ago while it was down, just checked it again now but still down. Is this site finally closing down because there is not much traffic after they offer daily wagering contest? It is just very unfortunate if the site is closing down too early just because unable to gain attraction from people in less than two week after the first contest. Hopefully I'm wrong, maybe the site is working on some improvement and will come back anytime soon.


Also down here

yep down and not a thing coming from admin in terms of information
the site went down yesterday when I wanted to check the contest results , thought it was Cloudflare acting up
but today it is still down , so I guess admin got disappointed in the project and decided to close it down
a note here saying : we are closing , or we are down for maintenance would have been appreciated though

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1982dre
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September 29, 2019, 12:27:31 PM
 #168

So the site is still down? I visited it around 6 hours ago while it was down, just checked it again now but still down. Is this site finally closing down because there is not much traffic after they offer daily wagering contest? It is just very unfortunate if the site is closing down too early just because unable to gain attraction from people in less than two week after the first contest. Hopefully I'm wrong, maybe the site is working on some improvement and will come back anytime soon.


Also down here

yep down and not a thing coming from admin in terms of information
the site went down yesterday when I wanted to check the contest results , thought it was Cloudflare acting up
but today it is still down , so I guess admin got disappointed in the project and decided to close it down
a note here saying : we are closing , or we are down for maintenance would have been appreciated though

Guess the admin thought he start up a site and would get 100s of users within a few weeks without any marketing. Only a topic here and a wager contest isn't enough to be visible for everyone.

.....1% HOUSE EDGE.....
.....FAUCET 3.5K...........
.....RAINBOT
10K..........






















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.....
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BTCDice.io (OP)
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September 29, 2019, 12:42:17 PM
 #169

Hi
We would like to announce that BTCDice.io has now closed.
We will focus our attention on different projects.

If anyone would like to buy the software and domain you can pm your offer.
Thanks
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September 29, 2019, 04:49:45 PM
 #170

Hi
We would like to announce that BTCDice.io has now closed.
We will focus our attention on different projects.

If anyone would like to buy the software and domain you can pm your offer.
Thanks


Really sorry to read this : I think you gave up too early. Liked your site and as user have to say it was working smoothly. Rome wasn't built in a day and, even if the competition is really hard, I think with some proper marketing efforts you could have gained your market slice.
But maybe I ignore other aspects of running a dice site like expenses, time required and so on.
Hope you rethink about this but if not,  wish you good luck with your future projects.

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September 29, 2019, 05:11:39 PM
 #171

This is a Shane but just goes to show that being dynamic in this chaotic crypto environment is fundamental to the successful run of a business. Anyways, having this experience is certainly helpful to succeed in the next business. Best of luck!!!





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September 29, 2019, 05:22:13 PM
Merited by el kaka22 (1), Murat (1), veleten (1)
 #172

Also down here
Yeah, down for me as well. Running a casino is harder than what many people think, I have helped run a crypto casino before and I can tell you that its really not an easy task, it takes a lot to actually pull it off and not just money.

Of course, money is the most important task here, we hired developers and designers and basically spent 50k dollars even before the casino started, and since I live in a third world country that 50k dollars was a lot of money, by comparison a developers monthly salary was around 500 bucks.

After the website was done and we did closed beta with hundreds of people we knew online with fake money first than with real money we sent them to test, we saw that there was couple more bugs but nothing major so we fixed them up and decided to release. Then we did 10k worth of marketing both here and everywhere we could think of (the best return was freebitco.in), we didn't get that money back that quickly but we started to make a bit and we reinvested all of it to pay for the casino and for the marketing for a long time, hell we still spent money and were in negative for the first 2.5 months. After that we started to break even and then after a full year we were making a decent amount of profit.

Some legal stuff came up so we had to either spend millions of dollars to continue or close it, we had enough profits so we closed it. You have to really go into this thinking everything is super difficult and you would have to live and breathe your job for 5 months before you can even sleep properly.

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September 30, 2019, 06:39:18 AM
 #173

Hi
We would like to announce that BTCDice.io has now closed.
We will focus our attention on different projects.

If anyone would like to buy the software and domain you can pm your offer.
Thanks


Really sorry to read this : I think you gave up too early. Liked your site and as user have to say it was working smoothly. Rome wasn't built in a day and, even if the competition is really hard, I think with some proper marketing efforts you could have gained your market slice.
But maybe I ignore other aspects of running a dice site like expenses, time required and so on.
Hope you rethink about this but if not,  wish you good luck with your future projects.


It is too early indeed.
I have said previously, OP is a type of person who want instant result for his project while it is almost impossible these days because of the competition among other bitcoin gambling sites.
He want to have a success dice site but he is not patience enough to manage it. His next project may result the same with this one if he keep on being impatient, so he should change his mindset in managing his own project.

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September 30, 2019, 11:11:26 AM
 #174

Hi
We would like to announce that BTCDice.io has now closed.
We will focus our attention on different projects.

If anyone would like to buy the software and domain you can pm your offer.
Thanks


Really sorry to read this : I think you gave up too early. Liked your site and as user have to say it was working smoothly. Rome wasn't built in a day and, even if the competition is really hard, I think with some proper marketing efforts you could have gained your market slice.
But maybe I ignore other aspects of running a dice site like expenses, time required and so on.
Hope you rethink about this but if not,  wish you good luck with your future projects.


It is too early indeed.
I have said previously, OP is a type of person who want instant result for his project while it is almost impossible these days because of the competition among other bitcoin gambling sites.
He want to have a success dice site but he is not patience enough to manage it. His next project may result the same with this one if he keep on being impatient, so he should change his mindset in managing his own project.

I don't think it is about patience or impatience , the decision to stop the project if he saw no way forward was correct
the problem was in the incorrect approach to promoting the site
I really like redsun's post - it describes the way a dice startup should be managed
its not only initial expenses into marketing  , but also sleepless nights and a lot of work
first 3 months are almost 100% going to be negative , especially if you have a look at the casinos that are direct competitors
most of them are 3-4-5 years old and have their own audience , for a new site it is VERY difficult to take a share of the pie and they need to offer something special or/and run
a long and expensive marketing campaign to establish the brand and show that they are here for long
the times when an admin could open a site , post an announcement and sit and wait for players to come and lose are long gone

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October 01, 2019, 11:41:35 AM
 #175

We can't really decide if it is too early for them to close or not for ourselves. After all there could have been many things that went wrong for them and that is why they closed.

The important part is, did they took the money they got from the gamblers and left with it or did they paid it back. That is what is important right now, I had zero money involved so I am not worried but if people had money in there, I don't even know when they started, only found out about this place after people started to say it got closed so I don't know if they were even opened yet or beyond the beta stage yet but if they were and got money from people and closed shop afterwards, we should figure out if people got paid or they got scammed, that is quite important.

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October 01, 2019, 01:27:02 PM
 #176

Do you have access restrictions by countries? I can’t log in from my country and get error Error 522. I also wanted to ask you if you plan to block the possibility of investing in a bankroll in the future? In other casinos this happened.

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yoloer808
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Web dev for hire


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October 01, 2019, 01:44:33 PM
 #177

Hi
We would like to announce that BTCDice.io has now closed.
We will focus our attention on different projects.

If anyone would like to buy the software and domain you can pm your offer.
Thanks


What?? Well, that was fast. Guess you really underestimated what it takes to be successful in this industry.
BTCDice.io (OP)
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October 01, 2019, 01:53:43 PM
 #178

Hi
We would like to announce that BTCDice.io has now closed.
We will focus our attention on different projects.

If anyone would like to buy the software and domain you can pm your offer.
Thanks


What?? Well, that was fast. Guess you really underestimated what it takes to be successful in this industry.

We didn't underestimate anything. The plan was not to grind away for 2 years to build a dice site.
The plan was to release an alternative at the right time that people could invest in considering there were a few sites like yolodice closing bankroll and bustabit changing commission structure.

It was the right time to launch but no one was making the switch so we closed and moved on. If people had switched then we would have focused on running the site long term.

We are willing to sell the software to people who do want to spend their time focusing on marketing and growing a successful dice site instead of code.

PM offers.
whis
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October 01, 2019, 09:31:48 PM
 #179

Do you have access restrictions by countries? I can’t log in from my country and get error Error 522. I also wanted to ask you if you plan to block the possibility of investing in a bankroll in the future? In other casinos this happened.

site already closed down .
Hi
We would like to announce that BTCDice.io has now closed.
We will focus our attention on different projects.

by the way , those who played on this site . did you guys manage to withdraw your balances from the site before it closed down (it closed down out of sudden) .
@BTCDice.io , i did PM you few days ago . not sure will you send my little balance to my btc addy which i provided .
BTCDice.io (OP)
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October 01, 2019, 10:40:53 PM
 #180

Do you have access restrictions by countries? I can’t log in from my country and get error Error 522. I also wanted to ask you if you plan to block the possibility of investing in a bankroll in the future? In other casinos this happened.

site already closed down .
Hi
We would like to announce that BTCDice.io has now closed.
We will focus our attention on different projects.

by the way , those who played on this site . did you guys manage to withdraw your balances from the site before it closed down (it closed down out of sudden) .
@BTCDice.io , i did PM you few days ago . not sure will you send my little balance to my btc addy which i provided .

Everyone withdrew before close except a few people.
There are still 5 player with a balance over $1 totaling $17, including you. Most of this is from players who didn't deposit.
I'll cash yours out tomorrow and if the other 4 want theirs they can pm me within the next 1 week with their username. Those balances will not be cashed out after a week from today.
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