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Author Topic: WIN88.ME - BITCOIN DICE | LOTTO | RPSLS  (Read 119894 times)
coin.princess (OP)
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August 30, 2014, 02:03:24 AM
 #301


0.01% house edge that is insane if you can keep that, how does the site make profit with this edge?

lol im confused as well as you are

how will it profit?

but its awesome to see that its that low Smiley

Does not it only indicate the chance factor ? What I understand from 0.01% house edge is the user has 49.99% chance to win against house has 50.01%. Even if it was 50:50, then also house can win.

p.s. Please correct me if my understanding is wrong.

Actually the split would be 49.995/50.0005 under the 0.01% house edge scenario.
Long run the house wins slightly but this is almost dead even odds.

Profit depends of course on volume.

Since we allow investment at multiple edges (which will soon be exposed for players to play against different edges), there will be a mix of returns depending on bet sizes and edges played against.

For us, Dice can be a decent return but it's not our end game.  It's just one game in our planned portfolio of 20+ interesting games with BTC.

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1xBit.com  Super Six 
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coin.princess (OP)
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August 30, 2014, 02:04:52 AM
 #302


0.01% house edge that is insane if you can keep that, how does the site make profit with this edge?

lol im confused as well as you are

how will it profit?

but its awesome to see that its that low Smiley

1) We are looking at long run + volume play
2) Soon there will be multiple edges with different bet maximums per edge (which will distribute players across edges)
3) Dice is not our end game - just one of many games to come

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1xBit.com  Super Six 
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FanEagle
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August 30, 2014, 05:21:09 AM
 #303

Гдe cдeлaл мoи инвecтиции? Пpeдcтaвляeм 0,01 BTC зapaбoтaл 0,04 BTC .Obyasnite.
Чтo c мoими инвecтицииями aдмин?
Кyдa пpoпaли дeньги?

Where did my investment? Introducing 0,01 BTC earned 0,04 BTC. Obyasnite. What about my investments admin? Where did the money?

Thanks for writing it in a difficult language. Even google translator was enough

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btcmaze
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August 30, 2014, 07:09:36 AM
 #304

Гдe cдeлaл мoи инвecтиции? Пpeдcтaвляeм 0,01 BTC зapaбoтaл 0,04 BTC .Obyasnite.
Чтo c мoими инвecтицииями aдмин?
Кyдa пpoпaли дeньги?

Where did my investment? Introducing 0,01 BTC earned 0,04 BTC. Obyasnite. What about my investments admin? Where did the money?

Thanks for writing it in a difficult language. Even google translator was enough

He invested 0.01 btc, earned 0.04 and lost it??

btcmaze
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August 30, 2014, 07:12:10 AM
 #305

Just learned that jackpot is very low i think 5000 sat every 25 bets and 10000 every 100 bets

i suggest 100,000 satoshis per 1000 bets or 0.005 btc per 5000 bets
Something like that

hypersire
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August 30, 2014, 08:11:05 AM
 #306


0.01% house edge that is insane if you can keep that, how does the site make profit with this edge?

lol im confused as well as you are

how will it profit?

but its awesome to see that its that low Smiley

3) Dice is not our end game - just one of many games to come

Awesome! I can't wait to see what you guys bring out. We need the Candy Crush of the gambling world  Smiley
win88
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August 30, 2014, 11:37:39 AM
 #307

Just learned that jackpot is very low i think 5000 sat every 25 bets and 10000 every 100 bets

i suggest 100,000 satoshis per 1000 bets or 0.005 btc per 5000 bets
Something like that

Great suggestion - we have already been planning to do something exactly like you suggest.

Initially we are testing jackpots and ensuring that people are aware of them and understand how they work.
Bet activity is so fast that jackpots can be a blip and go unnoticed so we are gradually building out different jackpots.

Thanks again for your feedback!
win88
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August 30, 2014, 11:41:12 AM
 #308

Гдe cдeлaл мoи инвecтиции? Пpeдcтaвляeм 0,01 BTC зapaбoтaл 0,04 BTC .Obyasnite.
Чтo c мoими инвecтицииями aдмин?
Кyдa пpoпaли дeньги?

Where did my investment? Introducing 0,01 BTC earned 0,04 BTC. Obyasnite. What about my investments admin? Where did the money?

Thanks for writing it in a difficult language. Even google translator was enough

He invested 0.01 btc, earned 0.04 and lost it??


We will look into this further.  It's of course easier when we know people's win88.me account name since they often do not match bitcointalk handles.

There are some people who may have lost on 99.99 (0.01% house edge) which at almost dead even odds and very small bankroll compared to 99.0 (1%) and other edges, there is expected to be some variance.

Micron100
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August 30, 2014, 02:33:12 PM
 #309

Гдe cдeлaл мoи инвecтиции? Пpeдcтaвляeм 0,01 BTC зapaбoтaл 0,04 BTC .Obyasnite.
Чтo c мoими инвecтицииями aдмин?
Кyдa пpoпaли дeньги?

Where did my investment? Introducing 0,01 BTC earned 0,04 BTC. Obyasnite. What about my investments admin? Where did the money?

Thanks for writing it in a difficult language. Even google translator was enough

He invested 0.01 btc, earned 0.04 and lost it??


We will look into this further.  It's of course easier when we know people's win88.me account name since they often do not match bitcointalk handles.

There are some people who may have lost on 99.99 (0.01% house edge) which at almost dead even odds and very small bankroll compared to 99.0 (1%) and other edges, there is expected to be some variance.


My login 1111dd site win88.me

Testing123
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August 30, 2014, 02:42:34 PM
 #310

Is it me or everyone but i cant see the rock paper scissor game ;(
I can also say that i have experienced some lag too ...
But a very nice site overall Cheesy


Rock Paper Scissors is undergoing some improvements and will be back soon Smiley

Thanks for the update.
Do you have any rough estimation on the downtime?

fishy
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August 30, 2014, 04:04:34 PM
 #311

When do you think 97% investments will start paying out?

Thanks

\   \  \ \\\\\\\\\\\\\\\\◥◣◢◤//////////////// /  /   /
Win88.me ❖ Fair, Trusted Online BTC Gambling ❖
/   /  / ////////////////◢◤◥◣\\\\\\\\\\\\\\\\ \  \   \
srgkrgkj
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August 30, 2014, 05:19:12 PM
 #312

investment minimum is 0.1 BTC currently Sad

plz change op was misleading, to find when the second time i went to invest i couldent do it with 0.012 BTC

Username : keahgj Had to gamble it ;O and lost it Tongue as cashout minimum was 0.02 xD


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August 30, 2014, 06:33:18 PM
 #313

Ive reached .026 with faucet to bust with greed xD

Love the site

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sandpaper
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August 30, 2014, 07:44:55 PM
 #314

I will post this again so the people who run the site can look into it. At this point I don't expect anything back.

Handle : Foowap
Invested .025 at the time, turned it into a little over .1. Reinvested that .1 in the 99.99% and ended up losing 100% of it extremely quickly in a few hour span.

Is that to be expected? To just up a lose an entire investment?
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August 30, 2014, 08:22:22 PM
 #315

How long did it take to invest upto 0.1 btc ?

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August 30, 2014, 08:47:52 PM
 #316

1-2 days.
coin.princess (OP)
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August 31, 2014, 12:01:09 AM
 #317

I will post this again so the people who run the site can look into it. At this point I don't expect anything back.

Handle : Foowap
Invested .025 at the time, turned it into a little over .1. Reinvested that .1 in the 99.99% and ended up losing 100% of it extremely quickly in a few hour span.

Is that to be expected? To just up a lose an entire investment?

Every single person invested at 99.00 is profitable and we expect that to remain.
99.99 has more variance.  We had over 400 BTC wagered against a small bankroll of investments at 99.99 (i.e. less than 1 BTC).
At almost dead even odds, there is of course opportunity for a small bankroll like that to eclipse given 400X that in wagers.

We wanted to allow investors to choose their risk level and tolerance, but until we allow players to play against multiple edges and also add some other provisions, we are now capping the investment level at 99.0 as the highest edge.

We have also already added even more safeguards such as not allowing extreme low payouts like 1.0001X which in volume can also effect a smaller bankroll.

We will continue looking into your particular case further and happy to discuss via PM.  Just send me a message.

 

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1xBit.com  Super Six 
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coin.princess (OP)
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August 31, 2014, 12:03:34 AM
 #318

investment minimum is 0.1 BTC currently Sad

plz change op was misleading, to find when the second time i went to invest i couldent do it with 0.012 BTC

Username : keahgj Had to gamble it ;O and lost it Tongue as cashout minimum was 0.02 xD




Just message us the next time and we can help you out.
I have updated the First post.

Send me a message via PM and we will make this right.

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btcmaze
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August 31, 2014, 04:25:59 AM
 #319

I will post this again so the people who run the site can look into it. At this point I don't expect anything back.

Handle : Foowap
Invested .025 at the time, turned it into a little over .1. Reinvested that .1 in the 99.99% and ended up losing 100% of it extremely quickly in a few hour span.

Is that to be expected? To just up a lose an entire investment?

Possible explanation:
That may be because i had a net loss of -0.05 btc
then may be u invested
Then i gained to make it a net profit of 0.07 BTC
Then u lost 100% Sad
Then i lost
My net profit is now back to -0.05 BTC  (lost 7 times in a row in 2x bet)

Learned a lesson: timing is everything

Micron100
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August 31, 2014, 05:32:48 AM
 #320

Гдe cдeлaл мoи инвecтиции? Пpeдcтaвляeм 0,01 BTC зapaбoтaл 0,04 BTC .Obyasnite.
Чтo c мoими инвecтицииями aдмин?
Кyдa пpoпaли дeньги?

Where did my investment? Introducing 0,01 BTC earned 0,04 BTC. Obyasnite. What about my investments admin? Where did the money?

Thanks for writing it in a difficult language. Even google translator was enough

He invested 0.01 btc, earned 0.04 and lost it??


We will look into this further.  It's of course easier when we know people's win88.me account name since they often do not match bitcointalk handles.

There are some people who may have lost on 99.99 (0.01% house edge) which at almost dead even odds and very small bankroll compared to 99.0 (1%) and other edges, there is expected to be some variance.


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