eXtremal
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July 10, 2020, 10:24:16 AM |
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Only for large investors who can win this race, and of course people who have small capital will be alienated in this race, I hope that in the future satoshidice will create a community for people who have minimal capital so that everything looks fair and there is no which is special
Wagering contest is absolutely good for those who have big bankroll. Small players has so low chance to win but anyone still can try it with small bankroll, who knows that those big players are not coming to participate and who knows that small players will be able to win decent amount during wagering? Suggestion for small players, do not force yourself to play for the wagering contest, but play for fun only with a hope to win something from the betting not from the contest. Yes that's why I highly recommend satoshidice to add contest features with certain tables so that all users can enjoy the contest, right? At least this leads to equitable justice for users of the satoshidice platform, which distinguishes large and small capital tables
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Timelord2067
Legendary
Offline
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Merit: 2235
💲🏎️💨🚓
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July 10, 2020, 10:48:51 AM Last edit: May 16, 2023, 03:06:58 AM by Timelord2067 |
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While you are at it, would you fix the invest tab as well? - It doesn't show the site's bankroll, not sure if it was intended or not
- Because there is no bankroll shown, It will show that if I put 0.001 btc on the site , I will own 100% site profit and thats kinda wrong
This should be just some simple error on the site about the bankroll/invest feature. I haven't really tested the invest feature yet buf if there isnt anyone that tried to invest 0.001 yet perhaps that feature hasnt been open to public yet. Best option would be to 'remove' the invest feature shown on the main page for now because that really shows up bad image for the site ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Was this fixed and what is the current amount of "ownership" of the site for the amount shown in the screen grab? How easy is it to cash out and what are the returns?
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sdice (OP)
Copper Member
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July 10, 2020, 10:52:22 AM |
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Only for large investors who can win this race, and of course people who have small capital will be alienated in this race, I hope that in the future satoshidice will create a community for people who have minimal capital so that everything looks fair and there is no which is special
Wagering contest is absolutely good for those who have big bankroll. Small players has so low chance to win but anyone still can try it with small bankroll, who knows that those big players are not coming to participate and who knows that small players will be able to win decent amount during wagering? Suggestion for small players, do not force yourself to play for the wagering contest, but play for fun only with a hope to win something from the betting not from the contest. Yes that's why I highly recommend satoshidice to add contest features with certain tables so that all users can enjoy the contest, right? At least this leads to equitable justice for users of the satoshidice platform, which distinguishes large and small capital tables Thanks for your suggestion. We will considering having races for small wagers as well. In the meantime, we plan to host a variety of mini events for small wagers to play, such as roll hunt contest, hourly wager, hit certain number etc, which doesn’t depend on wager amount and thus smaller wagers stand an equal amount of chance to win ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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sdice (OP)
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July 10, 2020, 11:50:07 AM |
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While you are at it, would you fix the invest tab as well? - It doesn't show the site's bankroll, not sure if it was intended or not
- Because there is no bankroll shown, It will show that if I put 0.001 btc on the site , I will own 100% site profit and thats kinda wrong
This should be just some simple error on the site about the bankroll/invest feature. I haven't really tested the invest feature yet buf if there isnt anyone that tried to invest 0.001 yet perhaps that feature hasnt been open to public yet. Best option would be to 'remove' the invest feature shown on the main page for now because that really shows up bad image for the site ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Was this fixed and what is the current amount of "ownership" of the site for the amount shown in the screen grab? How easy is it to cash out and what are the returns? There is nothing wrong with the invest stats. Currently public bankroll is empty as we haven’t promote yet, and we are funding with our own money for now. If you were to invest 0.001, then technically you would have own 100% of the public bankroll and hence the site profit. Investor can either invest or cash out any time they want. But since we haven’t promote it yet, it’s best to just keep an eye on it. Because we haven’t switch on the calculation for profit/lose for each bets, if you were to invest your investment will just sit there and do nothing. We plan to promote it sometime soon and see how’s the response from the community in future. Thank you for your interest.
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arallmuus
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July 10, 2020, 02:58:21 PM |
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-snipped-
Was this fixed and what is the current amount of "ownership" of the site for the amount shown in the screen grab? How easy is it to cash out and what are the returns? There is nothing wrong with the invest stats. Currently public bankroll is empty as we haven’t promote yet, and we are funding with our own money for now. If you were to invest 0.001, then technically you would have own 100% of the public bankroll and hence the site profit. Investor can either invest or cash out any time they want Will the public bankroll and your private bankroll combined in the future? If it is separate bankroll then I find this statement kinda weird if someone were to invest 0.001 and take 100% of the site's profit. Assuming a player wager 0.002 at x2 multiplier. Using only the public bankroll at 0.001 wont be able to cover all those loss if the player win . On the contrary if the player lose, does this mean the investor with only 0.001 btc take all those 0.002 profit? Thats 300% more than what he put on the site Yeah I know that the site will only risk portion of the investor's bankroll on each bet but that on the other hand also means satoshidice will only be able to offer dust betting to their customer. Perhaps 10% of the current investor bankroll on each bet (?) * that assuming there is only 0.001 public bankroll and that statement of yours is kinda confusing
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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sdice (OP)
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July 10, 2020, 05:02:21 PM |
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-snipped-
Was this fixed and what is the current amount of "ownership" of the site for the amount shown in the screen grab? How easy is it to cash out and what are the returns? There is nothing wrong with the invest stats. Currently public bankroll is empty as we haven’t promote yet, and we are funding with our own money for now. If you were to invest 0.001, then technically you would have own 100% of the public bankroll and hence the site profit. Investor can either invest or cash out any time they want Will the public bankroll and your private bankroll combined in the future? If it is separate bankroll then I find this statement kinda weird if someone were to invest 0.001 and take 100% of the site's profit. We plan to run the bankroll entirely on either public or private bankroll, but never combined. If we successfully raise some amount of public bankroll that we think is viable to run the site, then we will switch entirely to public bankroll and turn off private one, because with this investors' funds will be fully utilized and hence they can get the maximum amount of profit compared to combining the two. If we didn't raise sufficient amount, then we will still continue with private bankroll until otherwise. Yeah I know that the site will only risk portion of the investor's bankroll on each bet but that on the other hand also means satoshidice will only be able to offer dust betting to their customer. Perhaps 10% of the current investor bankroll on each bet (?)
* that assuming there is only 0.001 public bankroll and that statement of yours is kinda confusing
As mentioned above, if we were not successful in raising sufficient amount, then we will continue with private one first. BTC 0.001 is not possible to run a casino site bankroll, so we won't run with 0.001 public bankroll. Also, we plan not to risk more than 1% of the public bankroll. This is to protect changes in investors' funds should a whale wins big, otherwise the bankroll will be hit hard and might take long time to recover. We believe investors are looking for stable and positive return to their investments, and so we aim to provide as much stability to investor's return as we can, while still allowing the game to be exciting enough for players to win big. Assuming a player wager 0.002 at x2 multiplier. Using only the public bankroll at 0.001 wont be able to cover all those loss if the player win . On the contrary if the player lose, does this mean the investor with only 0.001 btc take all those 0.002 profit? Thats 300% more than what he put on the site
Assuming we have sufficient bankroll (not just 0.001), if a player wager 0.002 and win 0.002 (x2), then the winnings will be shifted from public bankroll to players balance. Also, the site will take commission for each bet based on wager amount, regardless of outcome of bets. Investor's loss in this case = players winnings + site commission based on wager amount. On other hand, if the player loses, then the wager amount will be added to the public bankroll. Investor's profit in this case = players lose amount - site commission based on wager amount. Hope that answer your questions. More details will be posted once we started promoting this invest feature.
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eXtremal
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2020, 08:03:43 PM |
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Only for large investors who can win this race, and of course people who have small capital will be alienated in this race, I hope that in the future satoshidice will create a community for people who have minimal capital so that everything looks fair and there is no which is special
Wagering contest is absolutely good for those who have big bankroll. Small players has so low chance to win but anyone still can try it with small bankroll, who knows that those big players are not coming to participate and who knows that small players will be able to win decent amount during wagering? Suggestion for small players, do not force yourself to play for the wagering contest, but play for fun only with a hope to win something from the betting not from the contest. Yes that's why I highly recommend satoshidice to add contest features with certain tables so that all users can enjoy the contest, right? At least this leads to equitable justice for users of the satoshidice platform, which distinguishes large and small capital tables Thanks for your suggestion. We will considering having races for small wagers as well. In the meantime, we plan to host a variety of mini events for small wagers to play, such as roll hunt contest, hourly wager, hit certain number etc, which doesn’t depend on wager amount and thus smaller wagers stand an equal amount of chance to win ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thank you for your response, I am happy to listen to your responses that give and want to plan for the future, I can not wait to listen to him and of course I will try it at the table and want to enjoy the full satoshi dice platform service, hopefully this will take place quickly
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sdice (OP)
Copper Member
Member
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Offline
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Merit: 10
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2020, 01:53:49 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Ff5Lnm5I_d.jpg%3Fmaxwidth%3D640%26shape%3Dthumb%26fidelity%3Dmedium&t=665&c=l4O2J96T6vYj0g) 🎲 SATOSHIDICE.IO Wagering Races 🎲 Hello all. We will be starting out next wagering race soon. It will be a 24 hours race with 💵 $500 prize pool. We have also expanded the prize distribution so that the Top 15 players will be getting the rewards 🎉.Players ranking will be based on total wager amount during the race time, regardless of the win or lose amount. Only deposited coins count towards the race.
Race will start on July 11 at 0.00 AM UTC until 12 July 0.00 AM UTC ⏱.The result will be posted on our Telegram channel and Twitter.🏆 Prize Distributions 🏆: 1st Prize 🥇: $1502nd Prize 🥈: $1003rd Prize 🥉: $804th Prize : $50 5th Prize : $40 6th Prize : $30 7th Prize : $20 8th Prize : $10 9th Prize : $8 10th Prize : $5 11th Prize : $2 12th Prize : $1 13th Prize : $0.8 14th Prize : $0.5 15th Prize : $0.1 Players don’t have to PM admin to join. Just start wagering during the race period and your wager will automatically be counted. Good luck! Wagering race starts now and will last for 24 hours! Come join and grab your chance to win $500 worth of prizes 💰💰💰.
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Negotiation
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2020, 02:34:44 AM |
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Only for large investors who can win this race, and of course people who have small capital will be alienated in this race, I hope that in the future satoshidice will create a community for people who have minimal capital so that everything looks fair and there is no which is special
Wagering contest is absolutely good for those who have big bankroll. Small players has so low chance to win but anyone still can try it with small bankroll, who knows that those big players are not coming to participate and who knows that small players will be able to win decent amount during wagering? Suggestion for small players, do not force yourself to play for the wagering contest, but play for fun only with a hope to win something from the betting not from the contest. Yes that's why I highly recommend satoshidice to add contest features with certain tables so that all users can enjoy the contest, right? At least this leads to equitable justice for users of the satoshidice platform, which distinguishes large and small capital tables Thanks for your suggestion. We will considering having races for small wagers as well. In the meantime, we plan to host a variety of mini events for small wagers to play, such as roll hunt contest, hourly wager, hit certain number etc, which doesn’t depend on wager amount and thus smaller wagers stand an equal amount of chance to win ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thank you for your response, I am happy to listen to your responses that give and want to plan for the future, I can not wait to listen to him and of course I will try it at the table and want to enjoy the full satoshi dice platform service, hopefully this will take place quickly I agree with you that in case of big bets not everyone can participate here many small capitalists cannot play Demand for this speciality has grown significantly as a result of recent corporate scandals Everyone is able to play with a small capital at first. Therefore, if the amount of capital is reduced a little it will become a great platform for betting.
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sdice (OP)
Copper Member
Member
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July 11, 2020, 03:10:15 AM |
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Only for large investors who can win this race, and of course people who have small capital will be alienated in this race, I hope that in the future satoshidice will create a community for people who have minimal capital so that everything looks fair and there is no which is special
Wagering contest is absolutely good for those who have big bankroll. Small players has so low chance to win but anyone still can try it with small bankroll, who knows that those big players are not coming to participate and who knows that small players will be able to win decent amount during wagering? Suggestion for small players, do not force yourself to play for the wagering contest, but play for fun only with a hope to win something from the betting not from the contest. Yes that's why I highly recommend satoshidice to add contest features with certain tables so that all users can enjoy the contest, right? At least this leads to equitable justice for users of the satoshidice platform, which distinguishes large and small capital tables Thanks for your suggestion. We will considering having races for small wagers as well. In the meantime, we plan to host a variety of mini events for small wagers to play, such as roll hunt contest, hourly wager, hit certain number etc, which doesn’t depend on wager amount and thus smaller wagers stand an equal amount of chance to win ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thank you for your response, I am happy to listen to your responses that give and want to plan for the future, I can not wait to listen to him and of course I will try it at the table and want to enjoy the full satoshi dice platform service, hopefully this will take place quickly I agree with you that in case of big bets not everyone can participate here many small capitalists cannot play Demand for this speciality has grown significantly as a result of recent corporate scandals Everyone is able to play with a small capital at first. Therefore, if the amount of capital is reduced a little it will become a great platform for betting. Will do. More mini events for everyone to enjoy without depending on wagering amount ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Watoshi-Dimobuto
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July 11, 2020, 05:53:42 PM |
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i rolled 8888 with 0.0001 BTC and won 0.1025 BTC jackpot. It was truly a great experience ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Bitinity
Legendary
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July 12, 2020, 05:56:41 AM |
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i rolled 8888 with 0.0001 BTC and won 0.1025 BTC jackpot. It was truly a great experience ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Congrats for the jackpot hit, it would be nice if you can share a picture of it so it will attract users. Is there something like a pop up notification when you hit it? I guess you hit it when you were playing for the wagering contest and probably you were doing flat betting with high odds, am I right?
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sdice (OP)
Copper Member
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July 12, 2020, 06:12:52 AM |
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i rolled 8888 with 0.0001 BTC and won 0.1025 BTC jackpot. It was truly a great experience ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Congratz for winning. You are our first winner for the Jackpot ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . Hope you enjoy your big winnings. Congrats for the jackpot hit, it would be nice if you can share a picture of it so it will attract users. Is there something like a pop up notification when you hit it? I guess you hit it when you were playing for the wagering contest and probably you were doing flat betting with high odds, am I right?
There is no notification currently, but the Jackpot should be credited immediately when you hit the Jackpot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . It is a good suggestion that we can add notification, or even add it to the chat section so everyone will know someone hits the Jackpot. Will consider adding this feature.
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AhmadM
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 12, 2020, 09:12:21 PM |
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i rolled 8888 with 0.0001 BTC and won 0.1025 BTC jackpot. It was truly a great experience ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Congratulations on your winning, you can buy me some beers with that. JK ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It will be good (to promote satoshidice) if you share some screenshot of your winning here as mentioned before by @bitnity There is no notification currently, but the Jackpot should be credited immediately when you hit the Jackpot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . It is a good suggestion that we can add notification, or even add it to the chat section so everyone will know someone hits the Jackpot. Will consider adding this feature. Sounds good if there are jackpots notification in the chat room, its like give a "boom" in chat to enliven it. Anyway, recently I read a project that claim clone of satoshidice, do you have relation with it guys?
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phreess
Copper Member
Jr. Member
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Merit: 7
Phreess - A Self-Appreciating Token
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July 13, 2020, 01:35:35 AM |
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i rolled 8888 with 0.0001 BTC and won 0.1025 BTC jackpot. It was truly a great experience ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Congrats, buddy! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Can you show withdrawal tx id? would be awesome! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Chikito
Legendary
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Merit: 2072
Exchange 250+ Coins With 0% Fees
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July 13, 2020, 03:08:51 AM |
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There is no notification currently, but the Jackpot should be credited immediately when you hit the Jackpot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . It is a good suggestion that we can add notification, or even add it to the chat section so everyone will know someone hits the Jackpot. Will consider adding this feature. should we select/tick on box cost of btc (0.0001BTC ) to the winning 0.1025BTC jackpot? my experience playing in freebitco.in, we must select cost to join the jackpot. If forgoton password, how to recovery?, I was joined a month ago, seems i can't login cause that. when i try to sign up again I got "Error Something is wrong. Please try again".recently I read a project that claim clone of satoshidice, do you have relation with it guys? Look like Vision claim as real Bitcoin.
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░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
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Bitinity
Legendary
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July 13, 2020, 05:23:49 AM |
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should we select/tick on box cost of btc (0.0001BTC ) to the winning 0.1025BTC jackpot? my experience playing in freebitco.in, we must select cost to join the jackpot.
No you dont need to do that, how the jackpot works here is different to the one you are familiar with. What you need to to here is just by betting and roll 8888 to win a share from the jackpot. Minimum bet to be eligible for the jackpot is 0.0001btc, the higher your bet amount the higher share from the jackpot pool that you will win. If forgoton password, how to recovery?, I was joined a month ago, seems i can't login cause that. when i try to sign up again I got "Error Something is wrong. Please try again".
There is no forgot password feature, so better to ask via live support first before creating a new account since it is not allowed to have more than 1 account.
@sdice Was there someone won the jackpot with big bet? If I remember it correctly, jackpot was around 20btc on my last visit (before Watoshi got his jackpot) but now total jackpot is 0.2xxbtc only (less than 0.25btc) as shown http://prntscr.com/tgnqub AFAIK the jackpot should be at least 0.25btc as what you write on the jackpot information. Based on Watoshi jackpot hit with his bet amount and based on the jackpot share formula (bet amount*100/0.01), Watoshi won 1% share of the jackpot. Means that when he hit it, the total jackpot was more than 10btc if my math is correct. So it is just strange if the total jackpot at the moment is less than 0.25btc, unless there was a big change that you made on the jackpot after watoshi hit it.
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sdice (OP)
Copper Member
Member
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July 13, 2020, 06:57:00 AM |
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There is no notification currently, but the Jackpot should be credited immediately when you hit the Jackpot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . It is a good suggestion that we can add notification, or even add it to the chat section so everyone will know someone hits the Jackpot. Will consider adding this feature. should we select/tick on box cost of btc (0.0001BTC ) to the winning 0.1025BTC jackpot? my experience playing in freebitco.in, we must select cost to join the jackpot. If forgoton password, how to recovery?, I was joined a month ago, seems i can't login cause that. when i try to sign up again I got "Error Something is wrong. Please try again".recently I read a project that claim clone of satoshidice, do you have relation with it guys? Look like Vision claim as real Bitcoin. No requirement to tick or pay anything prior to winning. We would like to give everyone a chance to win, so all wagers are counted towards the Jackpot provided it has a min wager of 0.0001 BTC. If you notice the “Something is wrong please try again” pop up when signup, just refresh browser and try again. Otherwise you can also switch to another browser just for this signup. If you still face the problem, do contact our support for assistance. For password recovery, unfortunately we are still developing this feature. Could you PM us with your username? So we can sort this out for you. Please don’t create another account as this is against the terms.
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sdice (OP)
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July 13, 2020, 07:02:40 AM |
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@sdice Was there someone won the jackpot with big bet? If I remember it correctly, jackpot was around 20btc on my last visit (before Watoshi got his jackpot) but now total jackpot is 0.2xxbtc only (less than 0.25btc) as shown http://prntscr.com/tgnqub AFAIK the jackpot should be at least 0.25btc as what you write on the jackpot information. Based on Watoshi jackpot hit with his bet amount and based on the jackpot share formula (bet amount*100/0.01), Watoshi won 1% share of the jackpot. Means that when he hit it, the total jackpot was more than 10btc if my math is correct. So it is just strange if the total jackpot at the moment is less than 0.25btc, unless there was a big change that you made on the jackpot after watoshi hit it. Yes that time the jackpot was actually around 10 BTC. According to the info on the site, the jackpot will reset itself to 0.20 (0.25 was a long time ago since the introduction of the jackpot, should have fix this) when someone won it. So when watoshi won the jackpot, the Jackpot then reset back to 0.20 and will continue to accumulate based on players wager amount. The longer the jackpot remains unclaimed, the larger the prize will be ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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Watoshi-Dimobuto
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 13, 2020, 07:40:33 AM Last edit: July 13, 2020, 07:53:11 AM by Watoshi-Dimobuto |
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i rolled 8888 with 0.0001 BTC and won 0.1025 BTC jackpot. It was truly a great experience ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Congrats for the jackpot hit, it would be nice if you can share a picture of it so it will attract users. Is there something like a pop up notification when you hit it? I guess you hit it when you were playing for the wagering contest and probably you were doing flat betting with high odds, am I right? It was on autobet and I noticed I rolled 8888 only after a few more rolls. If there was a notification I would have missed it. I was going for the jackpot. The wagering contest had ended when I noticed it. It took around 25000 rolls to hit it ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) i rolled 8888 with 0.0001 BTC and won 0.1025 BTC jackpot. It was truly a great experience ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Congrats, buddy! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Can you show withdrawal tx id? would be awesome! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks and there you go ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Ft9cPlSs.png&t=665&c=ebms2J_LCBWMsQ)
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