josephdd1
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February 17, 2020, 08:10:55 PM |
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Great way to settle out, and glad you shared it here on the forum. People should know that Luckydice has got it all, and winners enjoy both their challenges and rewards!
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Bitinity
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February 17, 2020, 11:39:17 PM |
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What type of autobet settings do you guys use? Let's see some screenshots! I'm looking for a low/medium risk, high reward strat Take a look at this strategy, the aim is to get up to 200% profit before taking profits. <snip> You can reduce the multiplier to reduce the risk. Solid strategy. I would recommend keeping the initial bet quite low in order to get as many rolls in as possible and keep the odds in your favor. Starting with a high balance can lead to you getting busted. If you must increase the starting bet, you'll need a large balance to allow a significant number of rolls that have been incremented by 11%. seems like its a martingale sort of ? i use it all the time . your right that we must start betting small if we use higher payout for martingale because of the increase element where our bets will increase after every roll . increase 11 percent is alot and it will lead for a higher increase per roll . i only use 6 and 6 is i think the minimum for minimum bets like 8 sats . it works fine for me because im hunting a slight higher payout . i would normally hit them after over 10 rolls if im lucky but if not , then the reds will go over 30 to 50 plus . Sure it is martingale, sooner or later the strategy will bust all his money once he get long red. I've used this strategy several times in some dice sites as well, some time it can give good profit if we are lucky enough but it will give us worst result in the end. Aimimg for 200% profit is just too much for martingale if you ask me.
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Diced90
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February 18, 2020, 03:45:49 PM |
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Sure it is martingale, sooner or later the strategy will bust all his money once he get long red. I've used this strategy several times in some dice sites as well, some time it can give good profit if we are lucky enough but it will give us worst result in the end. Aimimg for 200% profit is just too much for martingale if you ask me.
So long as you keep your initial wager low, it's quite possible to extract fair gains using martingale. After all, you want to get as many rolls in as possible, not because you want to profit from the lower value rolls. More than likely the profit will come from somewhere in the middle, you just need to give yourself the chance to get there without busting by starting low.
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rexxarofmoknathal
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February 19, 2020, 01:10:54 PM |
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OoOoOoh, now you're just showing off! Glad to see there are some big risk takers still around. After all, if you want to win big, you need to go for those low odds victories. So long as you keep your initial wager low, it's quite possible to extract fair gains using martingale.
After all, you want to get as many rolls in as possible, not because you want to profit from the lower value rolls.
More than likely the profit will come from somewhere in the middle, you just need to give yourself the chance to get there without busting by starting low.
I prefer to just play with bigger amounts and get a few large bets in. Nothing feels better than netting a huge win.
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BALIK
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🍓 BALIK Never DM First
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February 19, 2020, 11:10:51 PM |
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There is no wrong or right answer to how much to bet guys.
Just do whatever feels right for you. If you want to keep it small and low risk, no problem.
If you want to bet big and go for the moon, all good.
Just make sure you maximize your wins and minimize your losses!
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rexxarofmoknathal
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February 20, 2020, 10:22:35 PM |
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There is no wrong or right answer to how much to bet guys.
Just do whatever feels right for you. If you want to keep it small and low risk, no problem.
If you want to bet big and go for the moon, all good.
Just make sure you maximize your wins and minimize your losses!
Actually, the fewer bets you make the closer you are to reach the expected distribution. Therefore its best to bet big and infrequently, rather than small and often. IMO anyway.
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Tytanowy Janusz
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February 21, 2020, 07:36:11 AM |
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Hey guys, sorry for delay, we completely redesigning Fairness and How to Play sections with code examples, so it takes longer. Should be ready in few days.
I'm still waiting for update of fairness section with data about bonus games (pinko etc). Most often "few days" means less than 10 Actually, the fewer bets you make the closer you are to reach the expected distribution.
Therefore its best to bet big and infrequently, rather than small and often.
IMO anyway.
Agree. The more bets you do the closer you get to statistic distribution. Because of statistic advantage that casino has it becomes similar to transfer your money directly to casino bank account without playing.
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panjul07
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March 01, 2020, 08:41:09 AM |
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you have a very unusual site, I liked it. I would add some bonuses (for example, a double Deposit) for new players Double deposit = 100% deposit bonus, it is usually come with high wagering requirement and players are not really attracted with such bonus as far as I can see. Better to offer something else than deposit bonus such as contest, competition, etc to attract all players.
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janggernaut
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March 01, 2020, 09:53:47 AM |
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you have a very unusual site, I liked it. I would add some bonuses (for example, a double Deposit) for new players Double deposit = 100% deposit bonus, it is usually come with high wagering requirement and players are not really attracted with such bonus as far as I can see. Better to offer something else than deposit bonus such as contest, competition, etc to attract all players. If the wagering requirement is small, this site will be goes bankrupt due to many people cheated or withdraw all the bonus + their initial deposit. Also, 100% deposit bonus is only give advantage to those who have huge bankroll, rather than smaller one. I see this site has 100k jackpot, so why don't you give it a try? @voisvargi
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JanpriX
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March 01, 2020, 11:41:09 AM |
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you have a very unusual site, I liked it. I would add some bonuses (for example, a double Deposit) for new players Double deposit = 100% deposit bonus, it is usually come with high wagering requirement and players are not really attracted with such bonus as far as I can see. Better to offer something else than deposit bonus such as contest, competition, etc to attract all players. From what I understand, those double-deposit bonuses are targeted to whales that will have higher chance of achieving the wagering requirement. Small time rollers will not even bother to avail it. And I agree with you. They really need other advertisements to compete with other famous dice sites out there. They'll be climbing a very steep hill to overcome it.
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Tytanowy Janusz
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March 01, 2020, 02:39:01 PM |
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From what I understand, those double-deposit bonuses are targeted to whales that will have higher chance of achieving the wagering requirement. Small time rollers will not even bother to avail it. Well ... as i know those high wager requirement is set in % of deposit. For example if you deposit 100$ you get 100$ bonus but you need to wager deposit x100 =10 000$. So it does no matter if you are whale or not. You have the same chances to profit/loss from this. To my knowlede it brings lots of newbies to casino. Mostly those that did not try gambling before.
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Tytanowy Janusz
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March 20, 2020, 10:49:02 AM |
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Hey guys, sorry for delay, we completely redesigning Fairness and How to Play sections with code examples, so it takes longer. Should be ready in few days.
Still waiting for that. What is the case with such delay? I like how exciting your games are but it is not provably fair casino if ~10% of winnings (bonus games, chests) comes form source that is not provably fair.
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panjul07
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March 20, 2020, 01:29:54 PM |
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Its been a while with no updates or news from the luckydice's official representative (last online was more than a week ago). Hopefully everything is OK as planned, as above user's concern related to the provably fairness, it should be the main focus and should be done as soon as possible. Would be nice if OP come to this thread to give at least a small update about what is going on or about what is being worked at the moment.
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Tytanowy Janusz
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March 30, 2020, 06:18:21 AM |
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Well looks like Luckydice team fired a guy responsible for communication with bitcointalk community. They were very responsible and active here until the end of signature camping when whole topic died.
It's a shame, I think that the combination of slots with dice that luckydice invented is very interesting and worth being presented to bitcointalk community well.
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ryzaadit
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March 30, 2020, 07:08:10 AM |
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-snip- From where you got the info? If you see their social media like Facebook & Twitter, there is no update too from "LuckyDice" the last post on their social media 21 Jan 2020. The reason why they not update the thread, because there is no content, topic and promotion they can update. That's why the account really quiet and the last active from "Luckdice" 25 March 2020.
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Tytanowy Janusz
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March 30, 2020, 08:16:56 AM |
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From where you got the info?
Just my quess. They were very active here posting not only updates. They were answering questions and sugestions like: Hey guys, sorry for delay, we completely redesigning Fairness and How to Play sections with code examples, so it takes longer. Should be ready in few days.
So how about the prize range for the Silver and Gold Chest? ... snip...
Silver Chest average prize is ~$10, and for Gold Chest ~$100. ... snip... Thanks for your cool site! I did not understand only the jackpot. Is it progressive or fixed?
Thanks! Jackpot is progressive, 0.1% of wagered allocated to Jackpot. Thanks for help in fairness calculations ... snip...
Its surprising that they simple give up on bitcointalk and other social media as you pointed out (Facebook & Twitter). Hope that everything is fine.
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efialtis
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www.btcgosu.com
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The people behind BitKong & Luckydice are regularly getting in touch with me and I can tell... nobody was fired! We are all going through hard times and just like us private persons, the whole covid-19 situation obviously also affects companies. Besides running those top quality sites bitkong & luckydice, they are also working on another big project - time is limited and you have to prioritize - for now, updating this thread is not a top priority for them but you dont need to worry that this site is neglected or anything like that. As a side note: If anyone needs support, you can also easily contact them through the website and they will definitely respond. I just thought I would make this post in order to put an end to such "rumors".
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hosseinimr93
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March 30, 2020, 04:27:25 PM |
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Thank you efialtis for the update. Even if we say updating this thread is not a priority for them and there is no need to update it for now, their website must be updated. 9% of wagering amount is going to Plinko, Wheely and Free Spins games. Two months ago, they said that information about how these games work will be added to the website by end of the week. (See quoted post below) Right now we are adding this information to How to Play and Fairness sections, should be ready by end of week.
It's not clear how these games are working. So, the game is not provably fair. Adding this information must be a priority. People play in the website must know how calculations are made.
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efialtis
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March 30, 2020, 04:35:13 PM |
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Thank you efialtis for the update. Even if we say updating this thread is not a priority for them and there is no need to update it for now, their website must be updated. 9% of wagering amount is going to Plinko, Wheely and Free Spins games. Two months ago, they said that information about how these games work will be added to the website by end of the week. (See quoted post below) Right now we are adding this information to How to Play and Fairness sections, should be ready by end of week.
It's not clear how these games are working. So, the game is not provably fair. Adding this information must be a priority. People play in the website must know how calculations are made. First: I am not in any way affiliated with them. That being said - anyone questioning how their games work, can always contact support and ask - its as simple as that, no? Sorry guys... with all due respect, its not like most of the people posting in the gambling section actually do care - all they care about is meeting their minimum quota for the sig campaign. ^^ (There are exceptions of course) Other than that - I even agree that it would be nice and the section should have been updated by now.
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luckydice.com (OP)
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Luckydice.com
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snip
First: I am not in any way affiliated with them. That being said - anyone questioning how their games work, can always contact support and ask - its as simple as that, no? Sorry guys... with all due respect, its not like most of the people posting in the gambling section actually do care - all they care about is meeting their minimum quota for the sig campaign. ^^ (There are exceptions of course) Other than that - I even agree that it would be nice and the section should have been updated by now. Thanks efialtis for pinging me. I fully agree with you, if anyone interested in details can contact support directly and our technical specialists can explain how things works. We never received such questions with our support channels, which one more time proves what efialtis said. Please check-out our open-source fairness calculator here: https://codesandbox.io/s/luckydice-calculator-0k54i. Game is fully provably fair, and only reason we don't have more information about mini-games calculations was our high work load + some external factors affected on development process a bit. We fully redesigned fairness section and will update it soon with our next game release.
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