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Author Topic: SatoshiDICE.com - The World's Most Popular Bitcoin Game  (Read 474384 times)
tarantoga
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August 03, 2016, 08:26:17 AM
 #4481

Isn't there a guide or tutorial where I could get started playing dice games?

There's not that much to it. Create a SatoshiDice account. Deposit some Bitcoin. Wait for the confirmation.

Each roll yields a random number between 0 and 65535.
You bet on how high the number will be at most. This determines your chance of winning.
The lower your bet target, the higher your potential profit.

Say you bet on 32768.
If the site rolls 50000, you lose 100% of your bet.
If the site rolls 20000, you win 100% of your bet.

The house edge of SD is 1.9%. It is realized by limiting your bet target to 64225.
1.9% is much much better than what you get from state lotteries for instance, who often take 50%, which is insane.

Personally I have won a lot and lost a lot. Had a lot of fun.
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August 03, 2016, 08:27:54 AM
 #4482

API is really slow now, anyone who is experiencing the same thing?

Nothing that is noticeably

it is noticeably !!!
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August 03, 2016, 08:30:22 AM
 #4483

it is noticeably !!!

Bets are very fast for me. Far under 1 second. Sometime betting pauses for a moment when someone withdraws. I assume SatoshiDice locks the database for writing during communication with the Bitcoin daemon to avoid race conditions. Better safe than sorry.
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August 03, 2016, 09:26:01 AM
 #4484

it is noticeably !!!

Bets are very fast for me. Far under 1 second. Sometime betting pauses for a moment when someone withdraws. I assume SatoshiDice locks the database for writing during communication with the Bitcoin daemon to avoid race conditions. Better safe than sorry.

I think its your CPU that causes that. Or some program loading in the meantime.

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tarantoga
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August 03, 2016, 09:39:46 AM
 #4485

I think its your CPU that causes that. Or some program loading in the meantime.

It might be.

Anyway betting is fast 99% of the time.
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August 03, 2016, 01:48:22 PM
 #4486

I think its your CPU that causes that. Or some program loading in the meantime.

It might be.

Anyway betting is fast 99% of the time.

just as I said, do not understand why people complain about SatoshiDICE

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August 03, 2016, 02:25:03 PM
 #4487

it is noticeably !!!

Bets are very fast for me. Far under 1 second. Sometime betting pauses for a moment when someone withdraws. I assume SatoshiDice locks the database for writing during communication with the Bitcoin daemon to avoid race conditions. Better safe than sorry.

It was a glitch on api win response , now is fixed, working ok !
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August 03, 2016, 02:26:24 PM
 #4488

it is noticeably !!!

Bets are very fast for me. Far under 1 second. Sometime betting pauses for a moment when someone withdraws. I assume SatoshiDice locks the database for writing during communication with the Bitcoin daemon to avoid race conditions. Better safe than sorry.

I think its your CPU that causes that. Or some program loading in the meantime.

I tryed runing various machines, same result ... so ...
It was a glitch on api win response , now is fixed, working ok !
CoinsOrDie
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August 03, 2016, 07:15:07 PM
 #4489

it is noticeably !!!

Bets are very fast for me. Far under 1 second. Sometime betting pauses for a moment when someone withdraws. I assume SatoshiDice locks the database for writing during communication with the Bitcoin daemon to avoid race conditions. Better safe than sorry.

I think its your CPU that causes that. Or some program loading in the meantime.

I tryed runing various machines, same result ... so ...
It was a glitch on api win response , now is fixed, working ok !

standard troubleshooting, and then it is all about the occasions when you win, it can not be so many other things that were wrong than API

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August 03, 2016, 09:23:37 PM
 #4490

yes but it've worked well for some, think it sounds weird.
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August 03, 2016, 10:01:48 PM
 #4491

I'm not sure if the dev is aware of LIR - its planned to release in December and gathering big momentum/hype in the community. There might be a risk to lose a lot of customers if SD stays unstable and the project delivers what they are promising (and doesn't turn out to be a scam). Prolonged stability followed by a sig campaign would help cement SD reduce any risk. Stability has been a bit better the last few days, so lets hope they can keep it up =)

LIR is a good idea. Rubies is similar to LIR but i feel that it is too limited and most of the rubies are being under control of betterbets. There is why when i heard of rubies being added to moneypot, i am not too excited. However, for LIR, i think so far it is having a good start. I think once the site start to open to the public, we can even a strong growth in LIR and this can be a good alt coin to be use as gambling currency.


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August 04, 2016, 06:39:08 AM
 #4492

I'm not sure if the dev is aware of LIR - its planned to release in December and gathering big momentum/hype in the community. There might be a risk to lose a lot of customers if SD stays unstable and the project delivers what they are promising (and doesn't turn out to be a scam). Prolonged stability followed by a sig campaign would help cement SD reduce any risk. Stability has been a bit better the last few days, so lets hope they can keep it up =)

LIR is a good idea. Rubies is similar to LIR but i feel that it is too limited and most of the rubies are being under control of betterbets. There is why when i heard of rubies being added to moneypot, i am not too excited. However, for LIR, i think so far it is having a good start. I think once the site start to open to the public, we can even a strong growth in LIR and this can be a good alt coin to be use as gambling currency.

Yeah don't like the Betterbets control and the restrictions.
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August 04, 2016, 07:57:31 AM
 #4493

I'm not sure if the dev is aware of LIR - its planned to release in December and gathering big momentum/hype in the community. There might be a risk to lose a lot of customers if SD stays unstable and the project delivers what they are promising (and doesn't turn out to be a scam). Prolonged stability followed by a sig campaign would help cement SD reduce any risk. Stability has been a bit better the last few days, so lets hope they can keep it up =)

LIR is a good idea. Rubies is similar to LIR but i feel that it is too limited and most of the rubies are being under control of betterbets. There is why when i heard of rubies being added to moneypot, i am not too excited. However, for LIR, i think so far it is having a good start. I think once the site start to open to the public, we can even a strong growth in LIR and this can be a good alt coin to be use as gambling currency.

Will be interesting to see what happens. I've invested into LIR but didn't touch Rubies. I still see LIR as a bigger risk than SD, but also better rewards if it pays off. So keeping invested into both platforms, there is certainly space for both to do well.

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August 04, 2016, 05:36:03 PM
 #4494

I'm not sure if the dev is aware of LIR - its planned to release in December and gathering big momentum/hype in the community. There might be a risk to lose a lot of customers if SD stays unstable and the project delivers what they are promising (and doesn't turn out to be a scam). Prolonged stability followed by a sig campaign would help cement SD reduce any risk. Stability has been a bit better the last few days, so lets hope they can keep it up =)

LIR is a good idea. Rubies is similar to LIR but i feel that it is too limited and most of the rubies are being under control of betterbets. There is why when i heard of rubies being added to moneypot, i am not too excited. However, for LIR, i think so far it is having a good start. I think once the site start to open to the public, we can even a strong growth in LIR and this can be a good alt coin to be use as gambling currency.

Will be interesting to see what happens. I've invested into LIR but didn't touch Rubies. I still see LIR as a bigger risk than SD, but also better rewards if it pays off. So keeping invested into both platforms, there is certainly space for both to do well.

a good opportunity to spread the risk on investment. Would never withdraw what I have invested in SD. looking at LIR more as a supplement.
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August 04, 2016, 09:25:08 PM
 #4495

a good opportunity to spread the risk on investment. Would never withdraw what I have invested in SD. looking at LIR more as a supplement.

if you have not already invested in SD do you think one should do it or invest in LIR instead?
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August 05, 2016, 05:29:01 AM
 #4496

a good opportunity to spread the risk on investment. Would never withdraw what I have invested in SD. looking at LIR more as a supplement.

if you have not already invested in SD do you think one should do it or invest in LIR instead?

it depends what you want from your investment. If you want a secure steady income go for SD, if you want a higher income but are happy to risk the price falling then go for LIR. I have invested in both to diversify. So far I got around 10% from SD over a number of months and I'm down by 20% on LIR, but I expect LIR to increase soon and get 50% back, but that is not guaranteed.

If you have a lot of money and can't afford to lose it than SD is the safer bet (but there is still some element if risk there too as this is crypto)

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August 05, 2016, 05:41:41 AM
 #4497

I'm not sure if the dev is aware of LIR - its planned to release in December and gathering big momentum/hype in the community. There might be a risk to lose a lot of customers if SD stays unstable and the project delivers what they are promising (and doesn't turn out to be a scam). Prolonged stability followed by a sig campaign would help cement SD reduce any risk. Stability has been a bit better the last few days, so lets hope they can keep it up =)

LIR is a good idea. Rubies is similar to LIR but i feel that it is too limited and most of the rubies are being under control of betterbets. There is why when i heard of rubies being added to moneypot, i am not too excited. However, for LIR, i think so far it is having a good start. I think once the site start to open to the public, we can even a strong growth in LIR and this can be a good alt coin to be use as gambling currency.

Will be interesting to see what happens. I've invested into LIR but didn't touch Rubies. I still see LIR as a bigger risk than SD, but also better rewards if it pays off. So keeping invested into both platforms, there is certainly space for both to do well.

a good opportunity to spread the risk on investment. Would never withdraw what I have invested in SD. looking at LIR more as a supplement.

I think SatoshiDice will stick to just Bitcoin. That is what I'd do.
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August 05, 2016, 09:32:01 AM
 #4498

a good opportunity to spread the risk on investment. Would never withdraw what I have invested in SD. looking at LIR more as a supplement.

if you have not already invested in SD do you think one should do it or invest in LIR instead?

it depends what you want from your investment. If you want a secure steady income go for SD, if you want a higher income but are happy to risk the price falling then go for LIR. I have invested in both to diversify. So far I got around 10% from SD over a number of months and I'm down by 20% on LIR, but I expect LIR to increase soon and get 50% back, but that is not guaranteed.

If you have a lot of money and can't afford to lose it than SD is the safer bet (but there is still some element if risk there too as this is crypto)

how much do you actually earn on SD if you invest like i have 1btc right now and want to invest in it but not sure how it works Cheesy can you pls guide me? daily profit if possible

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August 05, 2016, 11:40:04 AM
 #4499

a good opportunity to spread the risk on investment. Would never withdraw what I have invested in SD. looking at LIR more as a supplement.

if you have not already invested in SD do you think one should do it or invest in LIR instead?

it depends what you want from your investment. If you want a secure steady income go for SD, if you want a higher income but are happy to risk the price falling then go for LIR. I have invested in both to diversify. So far I got around 10% from SD over a number of months and I'm down by 20% on LIR, but I expect LIR to increase soon and get 50% back, but that is not guaranteed.

If you have a lot of money and can't afford to lose it than SD is the safer bet (but there is still some element if risk there too as this is crypto)

how much do you actually earn on SD if you invest like i have 1btc right now and want to invest in it but not sure how it works Cheesy can you pls guide me? daily profit if possible

You can't be sure how much you will earn (or if you will earn) since it purely dependable on users activity. If they win the you lose and if you lose then you win. You can expect profits in the long run since it is expected for the house to win due to the house edge but still you can't be sure. If you wanna do that though be advised that you should see it as a long term investment since the profits accumulate over time and not over night.

 

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August 05, 2016, 03:39:42 PM
 #4500

a good opportunity to spread the risk on investment. Would never withdraw what I have invested in SD. looking at LIR more as a supplement.

if you have not already invested in SD do you think one should do it or invest in LIR instead?

it depends what you want from your investment. If you want a secure steady income go for SD, if you want a higher income but are happy to risk the price falling then go for LIR. I have invested in both to diversify. So far I got around 10% from SD over a number of months and I'm down by 20% on LIR, but I expect LIR to increase soon and get 50% back, but that is not guaranteed.

If you have a lot of money and can't afford to lose it than SD is the safer bet (but there is still some element if risk there too as this is crypto)

how much do you actually earn on SD if you invest like i have 1btc right now and want to invest in it but not sure how it works Cheesy can you pls guide me? daily profit if possible

You can't be sure how much you will earn (or if you will earn) since it purely dependable on users activity. If they win the you lose and if you lose then you win. You can expect profits in the long run since it is expected for the house to win due to the house edge but still you can't be sure. If you wanna do that though be advised that you should see it as a long term investment since the profits accumulate over time and not over night.

If somebody takes a big win when you bankroll your cash it could take a while to get your money back (you could be a few % down, but that would be unlucky) - however you can drip feed in 0.1 per day/week to reduce any possible impact. For me I earned about 10-15% over 6-7 months, but it depends upon your percentage of bankroll and how lucky the dice players are, and as LiQuidx says, the number of people playing. If SD is not stable, then there is no income. But in my view its certainly worth a go, SD have been going for a while and didn't run off with anybodies money, or lose all money to hackers yet - so they must be doing something right =D.  

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