[SHUTTING DOWN] [DiceBitco.in | BE THE BANK ! | 1% House Edge]

[dooglus]

Doog knows all about this commission thing and knowing how many BTC need to be lost to the house before it gets paid..
*remembers weeks on JD with no profit*

There was never a week on JD where the site didn't collect at least some commission, because even during heavy losing weeks there's still some lucky investor who got in and out at just the right time and made himself a small profit.

You can see the same in the stats I posted - as the players go from being down 24 BTC to being up 7 BTC, the site's total take goes up from 0.77 BTC to 0.88 BTC. So the site profits even as the investors lose - just not very much.

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[chazley]

Users are down ~6 btc, and investors are down ~4 btc, doesnt this make the commission taken so far ~10 btc?

[dooglus]

Users are down ~6 btc, and investors are down ~4 btc, doesnt this make the commission taken so far ~10 btc?

No, because investors aren't down 4 BTC. The -4 BTC represents investment profits which didn't pay commission yet.

Those investors who did make a profit paid commission on their profit yesterday, and so contribute 0 to that -4 figure.

Commission taken so far is 10% of that ~10 BTC, ie. ~1 BTC.

[DiceBitcoin]

The following amounts are the invested amounts so far (after Sunday's commission)

500.00000000 473.92000000 301.45399437 200.37199128 200.00325126 130.00569630 113.84357806 108.25476625 100.31097461 100.23134286 100.22225787 99.99990000 80.61791665 80.31538601 75.57931035 70.10107230 60.15984570 54.83089177 46.05000000 40.00000000 34.10000000 33.07763917 30.19617216 30.06984544 30.01540214 28.99280000 28.34566275 27.27985889 25.72933025 23.68561316 23.56021007 23.27862727 22.98539216 22.09690000 20.00070928 19.95469903 19.56096365 16.00000000 11.45368302 10.09570858 10.01920513 10.00000000 8.00000000 7.91682853 7.63019305 7.44702812 7.09310784 7.00000000 6.20139844 5.53899612 5.15100896 5.10722310 5.01135975 5.00000000 4.99938615 4.89033275 4.69953474 4.44916144 3.00000000 2.86001589 2.75403520 2.22757674 2.11720099 2.00002550 2.00000000 2.00000000 1.60619104 1.20366754 1.10000000 1.09059301 1.01000000 1.00642747 1.00592905 1.00074302 1.00018527 1.00000000 1.00000000 1.00000000 1.00000000 0.99500000 0.95893749 0.73506932 0.69269789 0.65537651 0.44966154 0.41392887 0.40000000 0.40000000 0.35000000 0.33580164 0.32120656 0.31251418 0.29206728 0.25622165 0.23714624 0.21000000 0.13124920 0.11000000 0.10856231 0.10274160 0.10100000 0.10054799 0.10014692 0.10007386 0.10000000 0.10000000 0.08400000 0.07000000 0.06763975 0.06209498 0.06011936 0.05206921 0.05044206 0.05004388 0.05000416 0.05000416 0.04811754 0.03500000 0.03500000 0.02755644 0.02630057 0.02571962 0.02568367 0.02081094 0.01561753 0.01400848 0.01386500 0.01325805 0.01320651 0.01238450 0.01183774 0.01023338 0.01023000 0.01002212 0.01001523 0.01000000 0.01000000 0.01000000 0.00565787 0.00489257 0.00460509 0.00353336 0.00340344 0.00270203 0.00199405 0.00167196 0.00114401 0.00067726 0.00059174 0.00049499 0.00047686 0.00045599 0.00043450 0.00040531 0.00039036 0.00037153 0.00031819 0.00024647 0.00020126 0.00014419 0.00012467 0.00010888 0.00010000 0.00009572 0.00008241 0.00007307 0.00007159 0.00006203 0.00005872 0.00005312 0.00004618 0.00004500 0.00003620 0.00002963 0.00002307 0.00002241 0.00001842 0.00000945 0.00000826 0.00000523 0.00000441 0.00000338 0.00000309 0.00000303 0.00000201 0.00000177 0.00000122 0.00000101 0.00000089 0.00000087 0.00000078 0.00000069 0.00000060 0.00000023 0.00000015 0.00000012 0.00000008 0.00000005 0.00000005 0.00000004 0.00000004 0.00000001 0.00000001 0.00000001

SUM = 3575.99989506

Also, the chat bug(s) should be fixed now(you can trust the crown!:P) AND max bet changed to 0.5% of BankRoll, after lot of thinking/feedback from investors. Finally, because TONS of people were getting confused, Site Profit now shows the actual user win x (-1) .

Thank you!

[Carnth]

The following amounts are the invested amounts so far (after Sunday's commission)
...

I did not expect to be that high on the list.

[autotoss]

Hi DiceBitcoin,
What's about advertising?

[DiceBitcoin]

Hi DiceBitcoin,
What's about advertising?

..?

[jebby_san]

I have only been playing on this site a short while but I can already tell it is destined for great things. The layout is very user friendly and reminds me of the Just-dice of old. With a user sponsored bankroll you don't have to worry about restrictive max bets. There is almost always an admin available to help you with any issues that you could be having. I have been able to withdraw large amounts of funds with relative ease, whereas in the past with other sites it has taken upwards of 16 hours to gain access to my funds. I'm looking forward to continued playing on this site and possibly even investing in the bankroll. The site also supports 2FA through google authenticator which is a huge plus in my book. I expect to see great things from dicebitco.in in the future.

[seedtrue]

I have only been playing on this site a short while but I can already tell it is destined for great things. The layout is very user friendly and reminds me of the Just-dice of old. With a user sponsored bankroll you don't have to worry about restrictive max bets. There is almost always an admin available to help you with any issues that you could be having. I have been able to withdraw large amounts of funds with relative ease, whereas in the past with other sites it has taken upwards of 16 hours to gain access to my funds. I'm looking forward to continued playing on this site and possibly even investing in the bankroll. The site also supports 2FA through google authenticator which is a huge plus in my book. I expect to see great things from dicebitco.in in the future.

I can confirm that I was in chat for his wins and withdraws.

[Ron~Popeil]

I have only been playing on this site a short while but I can already tell it is destined for great things. The layout is very user friendly and reminds me of the Just-dice of old. With a user sponsored bankroll you don't have to worry about restrictive max bets. There is almost always an admin available to help you with any issues that you could be having. I have been able to withdraw large amounts of funds with relative ease, whereas in the past with other sites it has taken upwards of 16 hours to gain access to my funds. I'm looking forward to continued playing on this site and possibly even investing in the bankroll. The site also supports 2FA through google authenticator which is a huge plus in my book. I expect to see great things from dicebitco.in in the future.

I can confirm that I was in chat for his wins and withdraws.

I was as well. Being an investor I was hoping for a win for the house on those big bets.

[dooglus]

I was as well. Being an investor I was hoping for a win for the house on those big bets.

Didn't he make a bet of 110 BTC at 95% or something similar?

I saw something like that but didn't pay much attention, not being invested at the time.

[autotoss]

Hi DiceBitcoin,
What's about advertising?

..?

Will you spend the website profit on ad?

[Jungian]

Hi DiceBitcoin,
What's about advertising?

..?

Will you spend the website profit on ad?

They have a signature campaign going on.

[autotoss]

They have a signature campaign going on.

I'm talking about more serious advertising campaigns

[suchmoon]

Hi DiceBitcoin,
What's about advertising?

..?

Will you spend the website profit on ad?

You mean what's left of the ~1 BTC after hosting expenses etc?

Hopefully they'll have enough for a can of Red Bull cause they sure need it...

[autotoss]

You mean what's left of the ~1 BTC after hosting expenses etc?

Hopefully they'll have enough for a can of Red Bull cause they sure need it...

"Will you spend" in the future

[DiceBitcoin]

You mean what's left of the ~1 BTC after hosting expenses etc?

Hopefully they'll have enough for a can of Red Bull cause they sure need it...

we sure need it..? why is that?:p

[suchmoon]

You mean what's left of the ~1 BTC after hosting expenses etc?

Hopefully they'll have enough for a can of Red Bull cause they sure need it...

we sure need it..? why is that?:p

Somehow I imagine this being a 25/7 job... although crowning dooglus and Arrogant to do the dirty work was a good move

[DiceBitcoin]

You mean what's left of the ~1 BTC after hosting expenses etc?

Hopefully they'll have enough for a can of Red Bull cause they sure need it...

we sure need it..? why is that?:p

Somehow I imagine this being a 25/7 job... although crowning dooglus and Arrogant to do the dirty work was a good move

there is no such thing as dirty work As for the 25/7, this is one of our projects, we work round the clock in lot of things at the same time. PLUS, you really cant judge this business model with less than 1 month of life DiceLiteco.in for instance, if i recall right first month in one point was even minus 1k LTC. 6 months later, we crossed the 10k+ LTC profit.

tl;dr

No need for Red Bull, however I would drink one just because its friggin hot!! :p

[Ron~Popeil]

I was as well. Being an investor I was hoping for a win for the house on those big bets.

Didn't he make a bet of 110 BTC at 95% or something similar?

I saw something like that but didn't pay much attention, not being invested at the time.

He did it twice while i was there. Would have corrected that negative profit line really quick.