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Author Topic: SatoshiDICE.com - The World's Most Popular Bitcoin Game  (Read 433570 times)
dooglus
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November 06, 2014, 10:31:46 PM
 #1941

Please send my balance to 1CyTiuMj2xzVEFCsZCQQvaYjojCxcELyZ7 as I just requested on the site.

Deposit 10k satoshi and withdrawal your money immediately .

OK, I'll try that.

Edit: I wonder how long it will take to confirm now that the blockchain is being spammed by luckybit bets.

Edit2: It took 2.5 minutes to confirm, and then I was able to withdraw. Thanks for the suggestion.

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November 06, 2014, 10:33:31 PM
 #1942

Also, now that people mention it -- I checked and see you took the 0.01 from my account too, despite there being a deposit (0.1 BTC) within ~2 minutes of the account created.

I honestly don't give a shit about 0.01, but this whole thing makes me incredibly uncomfortable. And is in fact the second time my account balance has been subject to arbitrary manipulation. Before I ever come back to satoshidice, I'd like to see accounts have a full history of how you derived what their balance is (aka: giveaway, affiliates, deposits, withdrawals, bets) so i can check it, as I've basically lost all trust in this site.

+ 1 Big like .

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November 06, 2014, 11:24:09 PM
 #1943

One of the best site ever seen by me

(BTC          CRYPTOMINE          BTC)  √ High Energy Efficiency         √ Innovative Technical Architecture    ☞ SIGN UP NOW!
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SatoshiDICE_PR
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November 06, 2014, 11:48:37 PM
 #1944

Apparently referral gains and losses are no longer meant to show up immediately in your balance.

Well, I'd feel a bit ripped off they aren't credited. I'm now down 2 BTC of the ~4.1 I put in. The *only* reason I gambled here is that I reasoned I'd get a 10% rebate on my loses (as the page still promises)

I can understand why they might now want to shut down the scheme (if I won, it's not like I was going to deposit money into my affiliate account to 0 the balance) or even stop it, but silently suspending it doesn't seem right. I never would have placed those bets

Well, no matter what they decide to do, I think we can all agree the scheme was phenomenally ill-conceived.

Springe, thanks for testing our affiliate system.

Your affiliate earnings will be payed out at the end of each month. Sorry for the inconvinience.

We will allow real-time affiliate earnings to special manually reviewed affilaites. The primary reason for the affiliate program existence, is to give people and entities the opportunity to be part of Satoshi Dice's
success, earning a lifetime revenue share split on the edge. But in your case, using it to get a rebate on the edge - is also fine. You will be payed, and your earnings are tracked. Always will be.

(it wont be for someone exploiting the affiliate program by creating several accounts to get a positive edge)
As dooglus mentioned, if someone would only refer One player, and this player wins 2000 BTC - The affiliate account will be in negative range.
But if you have sent a lot of players, eventually it will reach a positive amount again.

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November 07, 2014, 12:02:31 AM
 #1945

What gives?

Apparently referral gains and losses are no longer meant to show up immediately in your balance.

I reported yesterday that you could bet with a positive expectation by referring yourself from an account with an empty balance, and so they stopped auto-crediting referral payments.

Here's the trick:

If you lose, you get 10% back in your other account, and if you win the empty account goes negative and so you just abandon it and make a new one.

That gives you a (10/2)-1.9 = 3.1% expected positive return on your 50% bets.

I don't know what they plan to do to mitigate that, but it seems to me like the referral program is pretty much broken. I would be scared to post a referral link online because I might accidentally refer hufflepuff (he won 2000 BTC from PD recently - that would have cost me 200 BTC if I had referred him under the SD scheme).

Another way of thinking about it: If you refer 1000 players, by for example, owning bitcointalk.org or any other big website out there. Then you probably won't ditch your affiliate account because some individual wins a lump sum of money. Since you will have so many players under your belt. The affiliate earnings will end up in the positive sooner or later (if you have sent a large number of players)

Sure. Someone might win 2000 coins if our bankroll would allow it. Right now it doesn't support a 2000 BTC bet so its not possible. Hypothetically lets say we had a bankroll supporting a 2000BTC bet on 50/50 chance. Imagine your affiliate earnings if the player looses the bet. On that particular bet, you would get a huge reward risking 0 BTC.
jxSpringe, thanks for testing our affiliate system.

Your affiliate earnings will be payed out the week after the end of each month. Sorry for the inconvinience.

We will allow real-time affiliate earnings to special manually reviewed affilaites. The primary reason for the affiliate program existence, is to give people and entities the oppertunity to be part of satoshidices
success, earning a lifetime revenue share split on the edge. But in your case, using it to get a rabate on the edge - is also fine. You will be payed, and your earnings are tracked. Always will be.

(it wont be for someone explioting the affiliate program by creating several accounts to get a positive edge)

As dooglus mentioned, if someone would only refer one player, and this player wins 2000 BTC - The affiliate account will end up with negative balance. But if you have sent a lot of players, eventually it will get positive earnings.

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November 07, 2014, 12:07:40 AM
 #1946

The primary reason for the affiliate program existence, is to give people and entities the opportunity to be part of Satoshi Dice's
success, earning a lifetime revenue share split on the edge.

But you aren't sharing revenue only, you're also sharing the risk. And the downside may be more than the referring user owns. What will do you do if I refer 100 players. 99 of them play small bets, winning and losing around 0.1 BTC each, with a net combined loss of 1 BTC, and the 100th wins 2000 BTC. I will end up owing you 199.9 BTC.

What if I don't have it? Will you sue me for it? Will you confiscate the 1 BTC that was in my balance before I referred you all the extra business? It seems crazy that I risk bankrupting myself when I send new business your way.

But in your case, using it to get a rebate on the edge - is also fine.

(it wont be for someone exploiting the affiliate program by creating several accounts to get a positive edge)

How can you tell the difference between espringe betting 2 BTC on an account he referred himself, and someone trying to get a positive edge? It seems you're making decisions based on people's private intentions. How do you do that reliably?

I think you need to make a clear statement about what is OK and what isn't when referring players, and be clear about what you will do about negative balances.

But if you have sent a lot of players, eventually it will reach a positive amount again.

That's not necessarily true. The profit and loss of a dice site are overwhelmingly caused by a very small number of very big players. 99% of players have a minimal effect on profitability. If I'm unlucky enough to refer 1 lucky whale who quits while he's ahead and 99 small players, I'll probably have an everlasting loss from advertising on your behalf.

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November 07, 2014, 12:10:58 AM
 #1947

Sure. Someone might win 2000 coins if our bankroll would allow it. Right now it doesn't support a 2000 BTC bet so its not possible. Hypothetically lets say we had a bankroll supporting a 2000BTC bet on 50/50 chance. Imagine your affiliate earnings if the player looses the bet. On that particular bet, you would get a huge reward risking 0 BTC.

If it was "risking 0 BTC" then that's fine. But that's not how it works is it? When someone I refer wins 2000 BTC, I end up being liable for 10% of his winnings, don't I?

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November 07, 2014, 12:25:15 AM
 #1948

Sure. Someone might win 2000 coins if our bankroll would allow it. Right now it doesn't support a 2000 BTC bet so its not possible. Hypothetically lets say we had a bankroll supporting a 2000BTC bet on 50/50 chance. Imagine your affiliate earnings if the player looses the bet. On that particular bet, you would get a huge reward risking 0 BTC.

If it was "risking 0 BTC" then that's fine. But that's not how it works is it? When someone I refer wins 2000 BTC, I end up being liable for 10% of his winnings, don't I?

You will never owe us any money in the sense that you will not be liable for the player's losses. Your affiliate account can have a negative revenue share, but you can always ditch it and create a new one (if you ditch it, your old players won't count, it works in both ways)

We recommend you have one separate affiliate account, and one personal account for making bets.

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November 07, 2014, 12:32:04 AM
 #1949

You will never owe us any money in the sense that you will not be liable for the player's losses. Your affiliate account can have a negative revenue share, but you can always ditch it and create a new one (if you ditch it, your old players won't count, it works in both ways)

We recommend you have one separate affiliate account, and one personal account for making bets.

Can I have two affiliate accounts? One for referring big players and one for small players?

Can I make a new affiliate account for each player I refer, so I can ditch the ones which make a loss?

Where do you draw the line? And are you even able to tell whether two accounts were created by the same people or two different people?

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November 07, 2014, 02:26:49 AM
 #1950

Congrats to the leaderboard winners!

Most Won
Throne
Prize: 0.2

Most Profit
Throne
Prize: 0.2

Unlikliest Win
leen
Prize: 0.2

Longest Win Streak
leen
Prize: 0.2

Unlikliest Win Streak
RND03329
Prize: 0.1

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November 07, 2014, 03:06:03 AM
 #1951

Yeah, if you have a big website, you can have the affiliate change for every new person that signs up... That would be almost or completely automated.

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November 07, 2014, 08:46:02 AM
 #1952

site having problem right now? Huh

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November 07, 2014, 09:25:45 AM
 #1953

Yesterday I won 0.05 BTC
From 0.0001 BTC Smiley

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November 07, 2014, 10:54:05 AM
 #1954

hello is 0.01 promotion is still alive
if yes please tell me how to get it

(BTC          CRYPTOMINE          BTC)  √ High Energy Efficiency         √ Innovative Technical Architecture    ☞ SIGN UP NOW!
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November 07, 2014, 11:02:00 AM
 #1955

hello is 0.01 promotion is still alive
if yes please tell me how to get it

Did you Read Full thread  ?
Promotions Its automatic And its has gone now ,

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November 07, 2014, 05:06:44 PM
 #1956

hello is 0.01 promotion is still alive
if yes please tell me how to get it

Did you Read Full thread  ?
Promotions Its automatic And its has gone now ,

OK thanks buddy

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November 08, 2014, 03:55:24 AM
 #1957

hello is 0.01 promotion is still alive
if yes please tell me how to get it

No, it's no longer alive.

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November 08, 2014, 03:57:45 AM
 #1958

2014-11-07   leader board winners

Most Won
Throne
Prize: 0.2   

Most Profit
leen
Prize: 0.2   

Unlikliest Win
leen
Prize: 0.2   

Longest Win Streak
leen
Prize: 0.2   

Unlikliest Win Streak
justme
Prize: 0.2

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November 08, 2014, 04:20:08 AM
 #1959

2014-11-07   leader board winners

Most Won
Throne
Prize: 0.2   

Most Profit
leen
Prize: 0.2   

Unlikliest Win
leen
Prize: 0.2   

Longest Win Streak
leen
Prize: 0.2   

Unlikliest Win Streak
justme
Prize: 0.2

wow congrats for the winner

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November 08, 2014, 05:22:57 AM
 #1960

2014-11-07   leader board winners

Most Won
Throne
Prize: 0.2   

Most Profit
leen
Prize: 0.2   

Unlikliest Win
leen
Prize: 0.2   

Longest Win Streak
leen
Prize: 0.2   

Unlikliest Win Streak
justme
Prize: 0.2
Geeze it looks like that leen made a lot of money, but not without also having a bad luck streak.

Congratulations
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