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Author Topic: DiceBitco.in - New Thread to Discuss  (Read 20620 times)
Valzador
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September 17, 2014, 02:18:30 AM
 #401

I wish JD and DD were still up.  Tongue

Those sites ran without a flaw
MilkyLep
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September 17, 2014, 04:09:30 AM
 #402

So it appears manl and gerry still refuse to pay out winning bets on their gambling site.

Still no chatbox? Cant verify those endless .5 or 1 BTC bets for hours on end?

Either you own the bitcoins(private keys) or you don't. However with moneroj, nobody knows what you own.
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September 17, 2014, 04:33:29 AM
 #403

It appears that they are somehow getting more people to invest in their bankroll. They had mentioned they would seek private funding for their bankroll in one of their last threads.

I would be curious to see if they ever get any kind of meaningful business again.

It's been a week since "Mateo" stopped playing. Since then, the site appears to have won 34 BTC from players.

That's better than most sites make in a week.

They used to get over 1000 BTC wagered per day regularly. Now they're lucky if they get 100 BTC wagered per day:
I don't think these numbers add up. If they get 100 BTC wagered per day that works out to 700 BTC per week which would have an expected value of ~7 BTC in site profits. 34 BTC is almost 5 times this. Either their players are extremely unlucky or they are still cheating.
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September 17, 2014, 04:37:09 AM
 #404

I definitely don't want to defend them, but if the expected profit is 7 BTC and the real profit is 34 BTC that can be very easily variance too Wink

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September 17, 2014, 04:41:55 AM
 #405

I definitely don't want to defend them, but if the expected profit is 7 BTC and the real profit is 34 BTC that can be very easily variance too Wink
Sure it is possible that this is variance, however given their history of cheating, and the circumstances regarding "mateo's" winnings I would not give them the benefit of the doubt.

Also I would consider this to be a very high level of variance, especially considering that I do not see a lot of large bets when I watch the bet ticker on their site. A larger number of smaller bets is likely to have less variance then a lessor number of larger bets.
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September 17, 2014, 04:44:49 AM
 #406

why kill the goose when you can squeeze it for its milk.

or did i get that wrong.  why kill the cow when you can grab it's golden eggs.

uggs. i think you get my point.
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September 17, 2014, 04:48:04 AM
 #407

It's funny how perceptions change when the trust is lost. For all we know the bankroll growth to 900 BTC could be half-fake too, perhaps to lure in new investors while showing "recovering luck" from the -300 BTC house loss. At least that was my first thought. One thing for sure, the owners are not showing any effort towards transparency.
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September 17, 2014, 05:33:01 AM
 #408

It's funny how perceptions change when the trust is lost. For all we know the bankroll growth to 900 BTC could be half-fake too, perhaps to lure in new investors while showing "recovering luck" from the -300 BTC house loss. At least that was my first thought. One thing for sure, the owners are not showing any effort towards transparency.

Couldn't have said it better. whoever re-invests in this site is just plain stupid and is asking for it. I think the site was using fake numbers with the investments to lure investors before the scam too. The BTC added up too quick and easily.

a1choi
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September 17, 2014, 05:39:19 AM
 #409

It's funny how perceptions change when the trust is lost. For all we know the bankroll growth to 900 BTC could be half-fake too, perhaps to lure in new investors while showing "recovering luck" from the -300 BTC house loss. At least that was my first thought. One thing for sure, the owners are not showing any effort towards transparency.

Couldn't have said it better. whoever re-invests in this site is just plain stupid and is asking for it. I think the site was using fake numbers with the investments to lure investors before the scam too. The BTC added up too quick and easily.

agree its a scam, but not sure how they could use Fake numbers. They did have the funds in their wallet to back it up.. 
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September 17, 2014, 05:51:04 AM
 #410

It's funny how perceptions change when the trust is lost. For all we know the bankroll growth to 900 BTC could be half-fake too, perhaps to lure in new investors while showing "recovering luck" from the -300 BTC house loss. At least that was my first thought. One thing for sure, the owners are not showing any effort towards transparency.

Couldn't have said it better. whoever re-invests in this site is just plain stupid and is asking for it. I think the site was using fake numbers with the investments to lure investors before the scam too. The BTC added up too quick and easily.

agree its a scam, but not sure how they could use Fake numbers. They did have the funds in their wallet to back it up.. 

Have you seen the note on blockchain.info? It looks like someone paid 0.0001 just to put that out there  Grin

https://blockchain.info/address/19tQNCrmaW6EADfJrtBaRixRkPyVrvb6yk

Quote
Public Note: [WARNING: SCAM] dicebitco.in rigged bets to steal Bitcoins!!! THIS IS A SCAM!!! Read: https://bitcointalk.org/index.php?topic=716312.msg8714193#msg8714193

Anyway, by "half-fake" above I meant that mateo made ~600 BTC, so that could be most of the current bankroll if we think that way. The original 7000 BTC bankroll was indeed in the cold wallet so definitely not fake.
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September 17, 2014, 09:19:45 AM
 #411

It appears that they are somehow getting more people to invest in their bankroll. They had mentioned they would seek private funding for their bankroll in one of their last threads.

I would be curious to see if they ever get any kind of meaningful business again.

It's been a week since "Mateo" stopped playing. Since then, the site appears to have won 34 BTC from players.

That's better than most sites make in a week.

The live stats at the top of the page are somewhat out of whack with the actual bets taking place. I don't know if they're supposed to be an estimate or actually delivered over websockets or similar, but the number of bets on the tracker appears to go up much faster than the actual bets listed. -- Splitting hairs of course. It's been proved unfair, so detail is irrelevant.

FWIW, I was able to withdraw my measly remaining estimate of 0.3 without issue. :rolleyes:
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September 17, 2014, 02:38:58 PM
 #412


Have you seen the note on blockchain.info? It looks like someone paid 0.0001 just to put that out there  Grin

https://blockchain.info/address/19tQNCrmaW6EADfJrtBaRixRkPyVrvb6yk

Quote
Public Note: [WARNING: SCAM] dicebitco.in rigged bets to steal Bitcoins!!! THIS IS A SCAM!!! Read: https://bitcointalk.org/index.php?topic=716312.msg8714193#msg8714193


This is awesome.

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September 17, 2014, 02:40:36 PM
 #413


The live stats at the top of the page are somewhat out of whack with the actual bets taking place. I don't know if they're supposed to be an estimate or actually delivered over websockets or similar, but the number of bets on the tracker appears to go up much faster than the actual bets listed. -- Splitting hairs of course. It's been proved unfair, so detail is irrelevant.

FWIW, I was able to withdraw my measly remaining estimate of 0.3 without issue. :rolleyes:


The tracker only shows bets of a certain magnitude. All bets below it will not show in the general bets tab.

wayshegoes
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September 17, 2014, 06:32:41 PM
 #414

MATEO PLAYING AGAIN.

Seems like he actually lost a little, but not to worry, that's what happened last time too. Probably a ploy to rope in more investors for maximum profits. Invest with caution, but ideally don't invest at all. For all we know manl is just having some fun with the seed to try and kickstart the long con again.

Careful now
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September 17, 2014, 06:43:09 PM
 #415

MATEO PLAYING AGAIN.

Seems like he actually lost a little, but not to worry, that's what happened last time too. Probably a ploy to rope in more investors for maximum profits. Invest with caution, but ideally don't invest at all. For all we know manl is just having some fun with the seed to try and kickstart the long con again.

Careful now

I'm trying to deposit 0.02 bitcoin and invest to see what happens, but the deposit not showing up

Edit: maybe it's better my deposit got delayed lol..

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September 17, 2014, 06:53:30 PM
 #416


I'm trying to deposit 0.02 bitcoin and invest to see what happens, but the deposit not showing up
He has won 60 BTC flat betting since my last post. If you want to lose your coins fast, best off just sending them to me, I can guarantee I will not give them back. mateo is already rich as shit.

Is anybody even watching this?

edit: Changed his bets from 0.5 to 1.5, he is now up over 100 BTC since my other post. (Lowest bankroll I saw was 893 but it varies a lot understandably)
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September 17, 2014, 06:57:42 PM
 #417


I'm trying to deposit 0.02 bitcoin and invest to see what happens, but the deposit not showing up
He has won 60 BTC flat betting since my last post. If you want to lose your coins fast, best off just sending them to me, I can guarantee I will not give them back. mateo is already rich as shit.

Is anybody even watching this?

I'm amazed speechless... it's -80 BTC now since I started watching just ~15 minutes ago.

Edit: somebody math-inclined should probably capture some stats, like number of bets, amounts etc to calculate the probability of such an incredible comeback. If anyone bothers to do that anymore Smiley
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September 17, 2014, 06:59:46 PM
 #418


I'm trying to deposit 0.02 bitcoin and invest to see what happens, but the deposit not showing up
He has won 60 BTC flat betting since my last post. If you want to lose your coins fast, best off just sending them to me, I can guarantee I will not give them back. mateo is already rich as shit.

Is anybody even watching this?

edit: Changed his bets from 0.5 to 1.5, he is now up over 100 BTC since my other post. (Lowest bankroll I saw was 893 but it varies a lot understandably)

I'm just divesting whenever I'm up. 40k satoshi made so far lol. BTW, 0.02 bitcoin is just for trying out

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September 17, 2014, 07:00:27 PM
 #419

I wonder if he'll be verifying his bets manually afterwards, if he loses :-D
wayshegoes
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September 17, 2014, 07:03:44 PM
 #420

Maybe I spoke too soon, he seems to have lost it all back and more. This is exactly what happened last time though. Still really fun to watch
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