SyGambler
Legendary
Offline
Activity: 2436
Merit: 1804
guess who's back
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January 08, 2018, 06:40:36 AM |
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hey I just want to know where the extra 1% in lotteries come from cause it got me curious , does it come from investors or from site profit ? asking now cause I have serious amount invested in bankroll , so it would be nice to know more ( not complaining cause the investments are doing great ) sorry if it was asked before but couldn't find an answer
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DogecoinMachine (OP)
Legendary
Offline
Activity: 2900
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
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January 08, 2018, 07:24:14 AM |
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hey I just want to know where the extra 1% in lotteries come from cause it got me curious , does it come from investors or from site profit ? asking now cause I have serious amount invested in bankroll , so it would be nice to know more ( not complaining cause the investments are doing great ) sorry if it was asked before but couldn't find an answer Lottery is not part of investments. Extra rewards are covered from owners.
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Josepht
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January 08, 2018, 08:26:18 AM |
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hey I just want to know where the extra 1% in lotteries come from cause it got me curious , does it come from investors or from site profit ? asking now cause I have serious amount invested in bankroll , so it would be nice to know more ( not complaining cause the investments are doing great ) sorry if it was asked before but couldn't find an answer Lottery is not part of investments. Extra rewards are covered from owners. Good question. I have a similar question: Where do the rewards from 'invite a friend' come from? That can be a huge amount, since it's 25% of the house edge.
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DogecoinMachine (OP)
Legendary
Offline
Activity: 2900
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
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January 08, 2018, 09:19:57 AM |
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hey I just want to know where the extra 1% in lotteries come from cause it got me curious , does it come from investors or from site profit ? asking now cause I have serious amount invested in bankroll , so it would be nice to know more ( not complaining cause the investments are doing great ) sorry if it was asked before but couldn't find an answer Lottery is not part of investments. Extra rewards are covered from owners. Good question. I have a similar question: Where do the rewards from 'invite a friend' come from? That can be a huge amount, since it's 25% of the house edge. There's detailed explanation in FAQ about investments....check "How do investments work?", and yes referral rewards are factored in calculation.
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Josepht
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January 08, 2018, 09:57:28 AM |
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Good question. I have a similar question: Where do the rewards from 'invite a friend' come from? That can be a huge amount, since it's 25% of the house edge.
There's detailed explanation in FAQ about investments....check "How do investments work?", and yes referral rewards are factored in calculation. That doesn't really answer my question. The FAQ states 'The equation above does not factor in faucets and referral rewards and is only an estimate for long-term returns.' The only thing it tells me, is that the refferal rewards are at least parly paid by the bankroll. It doesn't state that all (or a certain percentage) of the refferal rewards is paid by the bankroll.
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Lutpin
Copper Member
Legendary
Offline
Activity: 1904
Merit: 1874
Goodbye, Z.
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January 08, 2018, 10:07:03 AM |
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Where do the rewards from 'invite a friend' come from? That can be a huge amount, since it's 25% of the house edge.
There's detailed explanation in FAQ about investments....check "How do investments work?", and yes referral rewards are factored in calculation.That doesn't really answer my question. The FAQ states 'The equation above does not factor in faucets and referral rewards and is only an estimate for long-term returns.' The only thing it tells me, is that the refferal rewards are at least parly paid by the bankroll. It doesn't state that all (or a certain percentage) of the refferal rewards is paid by the bankroll. It does, the bolded part does. The investors share profit from the house edge games (key words being profit here), profit doesnt equal net loses of the players, as affiliate rewards and faucets have to be factored in, which is both shown in the detailed investment calculations available to all investors.
Quote from the FAQ: "We take 30% of the profit/losses that are made in a 1-hour interval. Also, when calculating profit/losses, faucets and referral rewards are factored in"
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Crypto-Games.net
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January 08, 2018, 10:45:42 PM |
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Crypto-Games EV+ LotteryMonday's Dogecoin lottery round 115 draw results:Place | Nickname | Owned Tickets | Winning Ticket | Chance of winning | Reward in DOGE | 1 | Dellwin435 | 10000 | 8135 | 95.374% | 2,097,000 DOGE | 2 | Dellwin435 | 10000 | 7334 | 95.374% | 393,188 DOGE | 3 | Dellwin435 | 10000 | 5415 | 95.374% | 157,275 DOGE | Litecoin Lotto round #27 will close in approx 10 hours!Current prizes:1st place: 43.776 LTC2nd place: 8.208 LTC3rd place: 3.283 LTCTotal tickets bought so far: 10944 Price per ticket: 0.005 LTC * No house edge on lotto, 1% is added to total prize poolCurrent top 5 leaders of Litecoin Wagering Contest:Catch the winning spirit!
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Crypto-Games.net
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January 09, 2018, 11:03:11 PM |
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Tuesday's Litecoin lottery round 27 draw results:Place | Nickname | Owned Tickets | Winning Ticket | Chance of winning | Reward in Litecoin | 1 | Dellwin435 | 10000 | 4140 | 89.799% | 44.544 LTC | 2 | Dellwin435 | 10000 | 4877 | 89.799% | 8.352 LTC | 3 | Dellwin435 | 10000 | 5795 | 89.799% | 3.341 LTC | Congrats!Bitcoin Lotto round #231 will close in approx 9 hours!Current prizes:1st place: 0.01976 BTC2nd place: 0.00370 BTC3rd place: 0.00148 BTCTotal tickets bought so far: 247 Price per ticket: 0.00010 BTC * No house edge on lotto, 1% is added to total prize poolCatch the winning spirit!
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MadZ
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January 10, 2018, 06:37:59 AM |
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Is there a timeline for re-opening the investment option to new users? Follow up question, is it against the TOS to buy an account which can invest, and will support take adequate measures to prevent this account from being recovered by the original owner?
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DogecoinMachine (OP)
Legendary
Offline
Activity: 2900
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
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January 10, 2018, 07:28:38 AM |
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Is there a timeline for re-opening the investment option to new users?
Currently we don't have plan to re-open investments anytime soon. Follow up question, is it against the TOS to buy an account which can invest, and will support take adequate measures to prevent this account from being recovered by the original owner?
That's not allowed...from our TOS: 4.6. It is prohibited for players to sell, transfer and/or acquire accounts to/from other players.
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eternalgloom
Legendary
Offline
Activity: 1792
Merit: 1283
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January 10, 2018, 11:16:02 AM |
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Is there a timeline for re-opening the investment option to new users?
Currently we don't have plan to re-open investments anytime soon. Do you have any plans to also close investments to existing users if the bankroll continues to grow to even higher levels? I can imagine that there might be a few investors that are now taking 'advantage' of this situation by making larger investments than they would have normally...
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DogecoinMachine (OP)
Legendary
Offline
Activity: 2900
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
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January 10, 2018, 03:01:41 PM |
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Is there a timeline for re-opening the investment option to new users?
Currently we don't have plan to re-open investments anytime soon. Do you have any plans to also close investments to existing users if the bankroll continues to grow to even higher levels? I can imagine that there might be a few investors that are now taking 'advantage' of this situation by making larger investments than they would have normally... We don't have such plans, also (so far) nobody took advantage and invested extraordinary amounts of coins.
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Red Golpe
Jr. Member
Offline
Activity: 36
Merit: 3
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January 10, 2018, 03:12:22 PM |
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I can imagine that there might be a few investors that are now taking 'advantage' of this situation by making larger investments than they would have normally...
From my investor's point of view, what changed is exactly zero, as the number of large investors are exactly the same as they were.
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Crypto-Games.net
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January 10, 2018, 11:25:49 PM |
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Today's Bitcoin lottery (round 231) draw results:Place | Nickname | Owned Tickets | Winning Ticket | Chance of winning | Reward in Bitcoin | 1 | Dellwin435 | 10000 | 1701 | 96.395% | 0.82992 BTC | 2 | Dellwin435 | 10000 | 3922 | 96.395% | 0.15561 BTC | 3 | Dellwin435 | 10000 | 6347 | 96.395% | 0.06224 BTC | Congrats again! ;pEthereum Lotto round #85 will close in approx 9 hours!Current prizes:1st place: 20.37600 ETH2nd place: 3.82050 ETH3rd place: 1.52820 ETHTotal tickets bought so far: 10188 Price per ticket: 0.0025 ETH Current Monthly Wagering Contest leaders after 10 days: https://bitcointalk.org/index.php?topic=1850986.msg27874825#msg27874825.Catch the winning spirit!
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Crypto-Games.net
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January 12, 2018, 01:55:09 AM |
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Thursday's Ethereum lottery (Round 85) draw results:Place | Nickname | Owned Tickets | Winning Ticket | Chance of winning | Reward in Ethereum | 1 | Dellwin435 | 9883 | 8391 | 83.373% | 23.70800 ETH | 2 | Dellwin435 | 9883 | 3983 | 83.373% | 4.44525 ETH | 3 | akama15 | 1568 | 11723 | 13.228% | 1.77810 ETH | Congratulations!Catch the winning spirit!
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bill gator
Legendary
Offline
Activity: 1372
Merit: 1123
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January 12, 2018, 06:47:09 PM |
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As I've been browsing around the forums I just cannot keep my eyes off of the screen that has Crypto-Games.net open; I have some pretty solid settings going for Auto-bet on Hi-Lo and so everything has been going pretty well. Making some steady profit and beyond that I didn't even have to deposit any of my own money; I was able to hop right on and drink from the faucet so that I could play without any hassle. It feels like you guys do things the right way, you have plenty of loyalty rewards, faucet tiers and a chat that is more active than any gambling site I've ever seen. You clearly set a standard unlike any of your competitors or those that cannot even claim themselves significant enough to be a competitor. There's constantly hundreds and hundreds of users betting at a mile a minute, wagering thousands of dollars every single minute. When I've ended up on other casinos it feels desolate, there are so many restrictions on faucets, withdrawals that it really is truly refreshing to see how user-oriented your thinking is when laying out your casino. The raffles, and prizes for those that are thee most loyal members or most involved users is extremely incentivizing and it is more than a gimmick to encourage betting. There seems to be a higher concentration of success, profit and customer satisfaction airing out of your casino than anywhere elsse with these classic games. When I see a sweet string of green Satoshis it just feels right, makes me want to stay awake for another 3-minutes just to hit the faucet and make larger bets. I have this trouble where I get into some profit, but then it very quickly disappears and puts me in the red very hard. Anyways, your casino is addicting, I'm happy that it was introduced to me; keep up the good work, you're the only casino I've been able too hang around for morose than 10-minutes. I get bored of bad programming, unfair house-edges, empty faucets, withdrawal restrictions and no appreciation for the users. You guys have really carved out your place as one of the top-dogs of Crypto Casinos. Now if I can just get my hands on one of those winning lottery tickets I'll be all set.
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Crypto-Games.net
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January 12, 2018, 11:36:28 PM |
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Huge Bitcoin Lotto round tomorrow!! 8 hours left to buy tickets!!Current prizes:1st place: 0.82712 BTC2nd place: 0.15509 BTC3rd place: 0.06203 BTCTotal tickets bought so far: 10339 Price per ticket: 0.00010 BTC * No house edge on lotto, 1% is added to total prize poolCatch the winning spirit!
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DogecoinMachine (OP)
Legendary
Offline
Activity: 2900
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
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January 13, 2018, 09:36:03 AM |
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As I've been browsing around the forums I just cannot keep my eyes off of the screen that has Crypto-Games.net open; I have some pretty solid settings going for Auto-bet on Hi-Lo and so everything has been going pretty well. Making some steady profit and beyond that I didn't even have to deposit any of my own money; I was able to hop right on and drink from the faucet so that I could play without any hassle. It feels like you guys do things the right way, you have plenty of loyalty rewards, faucet tiers and a chat that is more active than any gambling site I've ever seen. You clearly set a standard unlike any of your competitors or those that cannot even claim themselves significant enough to be a competitor. There's constantly hundreds and hundreds of users betting at a mile a minute, wagering thousands of dollars every single minute. When I've ended up on other casinos it feels desolate, there are so many restrictions on faucets, withdrawals that it really is truly refreshing to see how user-oriented your thinking is when laying out your casino. The raffles, and prizes for those that are thee most loyal members or most involved users is extremely incentivizing and it is more than a gimmick to encourage betting. There seems to be a higher concentration of success, profit and customer satisfaction airing out of your casino than anywhere elsse with these classic games. When I see a sweet string of green Satoshis it just feels right, makes me want to stay awake for another 3-minutes just to hit the faucet and make larger bets. I have this trouble where I get into some profit, but then it very quickly disappears and puts me in the red very hard. Anyways, your casino is addicting, I'm happy that it was introduced to me; keep up the good work, you're the only casino I've been able too hang around for morose than 10-minutes. I get bored of bad programming, unfair house-edges, empty faucets, withdrawal restrictions and no appreciation for the users. You guys have really carved out your place as one of the top-dogs of Crypto Casinos. Now if I can just get my hands on one of those winning lottery tickets I'll be all set. Thanks for nice words Besides Crypto-Games.net and Crypto.Games, players can now visit us also via Crypto-Games.com
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B4RF
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January 13, 2018, 09:38:36 PM |
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Am I remembering correctly that crypto-games.com was a different site which was kind of a scam? Did you buy their domain to prevent confusion? I might be wrong but that was the first thing which went through my head.
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Lutpin
Copper Member
Legendary
Offline
Activity: 1904
Merit: 1874
Goodbye, Z.
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January 14, 2018, 12:32:32 AM |
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Am I remembering correctly that crypto-games.com was a different site which was kind of a scam?
Yes, around 2013 (IIRC) the domain used to belong to a gambling site that didn't take a very fortunate end. AFAIK the site was already shut down by the time crypto-games.net was established. Did you buy their domain to prevent confusion?
For better accessibility and to prevent the domain being used by anyone else, regardless of their intentions.
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