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Author Topic: Where to invest now?  (Read 2842 times)
Rora
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July 21, 2014, 08:44:30 AM
 #41

Hi everyone!

I'm announcing a new Dice site soon. I first started a 50/50 card guess game back in May 2013. I then upgraded a few things, including adding an Invest option in November 2013.

You can check those threads to see I've never scammed anyone. My sites got positive feedback, but I didn't realize people really wanted Dice games. Now that Just-Dice has closed (my inspiration for adding an Invest option) I've decided to try once again, this time with a Dice site.

The best feature will be the investment structure. In a nutshell it's possible for someone investing .1 BTC to earn the same as someone investing 1 BTC, and profits are assessed daily, so people don't have to leave long-term investment funds on site if they don't want to.

Should be announcing soon Smiley

I think Everydice destroyed any chances of new dice sites having an invest feature. Unless doog comes back, another site will have to prove its credibility and worth. Any ideas on how this can be done? Huh I think that is the million dollar question.

I expect my new site to start off slowly, but as mentioned I do have a gaming history here which should provide some trust. My goal is to become as large as JD. Right now the biggest Dice site is PrimeDice, but they won't offer an invest option.


Unfortunately trust is very difficult to gain in this community. I doubt you will see many people excited about investing in a startup. Too many people have been scammed.

Also your investment option makes no sense. Logic dictates that the higher the investment the higher the return. Why would anyone invest 1 btc when they can get the same returns for less risk?
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July 21, 2014, 08:04:35 PM
 #42

Unfortunately trust is very difficult to gain in this community. I doubt you will see many people excited about investing in a startup. Too many people have been scammed.

I'm hoping some trust can be built over time. Also, my investment structure makes it possible to invest less and still earn more.

Also your investment option makes no sense. Logic dictates that the higher the investment the higher the return. Why would anyone invest 1 btc when they can get the same returns for less risk?

I'm sorry I didn't explain it properly. A person investing .1 BTC can't get the same returns as someone investing 1 BTC unless they risk more. Below are more details:

Imagine Bob invests 10 BTC and Dave invests 1 BTC, and the casino makes 1 BTC profit. It's possible for Bob and Dave to share a 50/50 split
at .5 BTC each. This would be if Bob's "risk percent" was 1% and Dave's was 10%, meaning they have the same .1 player maximum bet per game.

Although Bob and Dave invest different amounts they share the same potential profit over a short period of time. However, Dave can
lose more faster. If the casino instead lost 1 BTC Dave would lose .5 BTC, or 50% his investment, while Bob loses .5 BTC which is only
5% of his 10 BTC investment.
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July 24, 2014, 10:12:39 AM
 #43

Also your investment option makes no sense. Logic dictates that the higher the investment the higher the return. Why would anyone invest 1 btc when they can get the same returns for less risk?

Think about investing with leverage.

The more you leverage the bigger your risk, but the biggest your potential returns.

It sounds like he's saying you can invest 10 BTC with very little chance of losing it all, or invest 1 BTC with a relatively high change of losing it all, and get comparable returns on average.

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July 24, 2014, 06:08:49 PM
 #44

Also your investment option makes no sense. Logic dictates that the higher the investment the higher the return. Why would anyone invest 1 btc when they can get the same returns for less risk?

Think about investing with leverage.

The more you leverage the bigger your risk, but the biggest your potential returns.

It sounds like he's saying you can invest 10 BTC with very little chance of losing it all, or invest 1 BTC with a relatively high change of losing it all, and get comparable returns on average.

Hey dooglus Smiley

As mentioned your pioneering investment model was my inspiration! I wouldn't say leverage is a good comparison. Leverage has a place in markets, but I don't particularly like it because people can become over-levered before realizing it. I guess similar to credit and debt. When margin calls come disaster strikes. It's easy to confuse other money (leverage) with one's own. In other words people buy what they really can't afford.

In my model you can't invest (or lose) over your balance. There is no leverage. However, you can risk anywhere from 1 to 10% of your balance toward max bet of the house. Everything investors risk, at various ranges, goes toward raising the house maximum profit per bet. So, for example, the scenario with Bob and Dave could be reversed, where Bob still invests 10 BTC and Dave invests 1 BTC, and the house wins (or loses) 1 BTC, but this time Bob's risk percent is 10% and Dave's is 1% meaning Bob would profit (or lose) .99 BTC and Dave profits (or loses) .0099 BTC. In this situation Bob controlled 99% of the house max bet which would be 1.01 BTC (the sum of Bob and Dave's risk stakes). He experiences profit/loss basically as if Dave isn't there.

In my model no matter what amount is invested, investors get a second variable to set, which is risk percent, allowing them to fine tune share of the site's profit/loss to their comfort level.
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July 25, 2014, 11:25:17 AM
 #45

upbit.io

you can find all bitcoin investments program
coingamblingreviews
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August 08, 2014, 08:50:31 PM
 #46

If you are talking about investing in Gambling sites that are older than 6 months old, no one has mentioned Casino Bitcoin on this thread yet. They are traded on Havelock Investments, you can read their financials, business plans, and they post regular updates (financial profit and loss every second week and a monthly report) .

Might be worth checking out (also some other relatively interesting companies listed on Havelock outside of the gambling space) - https://www.havelockinvestments.com/fund.php?symbol=CBTC


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August 09, 2014, 01:53:13 AM
 #47

upbit.io

you can find all bitcoin investments program

This one sounds painful:

Quote
Investment plans:0.1% daily floating for fist depositing

You don't have any of the dice sites listed, do you?

It looks like all the programs listed could be HYIP/Ponzi type schemes.

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