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Author Topic: SatoshiDICE.com - The World's Most Popular Bitcoin Game  (Read 479645 times)
Randian Hero
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February 27, 2017, 11:41:20 AM
 #5361

They have issues with balances. How much did you deposit?

About ~0.002btc (not much)
Still, I couldn't claim the faucet even before depositing. So there must be some kind of hard limit of only allowing to claim 3-4 times per week?

There's now a hard limit on the faucet to 4 tries. It's only intended to let you try the game.
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February 27, 2017, 11:54:36 AM
 #5362

They have issues with balances. How much did you deposit?

About ~0.002btc (not much)
Still, I couldn't claim the faucet even before depositing. So there must be some kind of hard limit of only allowing to claim 3-4 times per week?

There's now a hard limit on the faucet to 4 tries. It's only intended to let you try the game.

Good move, that's good from an investment point of view in my opinion... Stops people making payouts from nothing....

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February 27, 2017, 12:21:13 PM
 #5363

how does an investment on this site works? or any other gambling site, but specially this one. what i mean is if a make an investment for how long will i be receiving coins, what is the average time for ROI, anyone with experience in this area??

How much you earn a day completely depends on the number of users and of course whether they are winning or losing. We can't give you an approximation unfortunately. However, you can check out our stats page to see how previous investors have done at https://www.satoshidice.com/stats/
Satoshi Dice uses a 1.9% house edge and backers get 50% of the house wins or losses. The slot game uses a 3.5% edge. This means that the dice game gives a 0.95% Expected Value (EV) that is shared by the backers, and the Slot Game gives a 1.75% EV to the backers.

Of course there is always a risk of investing in the bankroll. As you can see from the stats a page -  A player won big on the slots. But as you can also see profit has continued to increase since then.


Why you even make it lowered? You need to make sure that both of you and investor sure to get profit. Even if you lowered the house edge, this will be disadvantages through you and investor. And btw you are still in debt right? And you said last time you are investigate every bet that he made before and now you are lowering the house edge, really does not make any sense

Randian Hero
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February 27, 2017, 02:10:33 PM
 #5364

how does an investment on this site works? or any other gambling site, but specially this one. what i mean is if a make an investment for how long will i be receiving coins, what is the average time for ROI, anyone with experience in this area??

How much you earn a day completely depends on the number of users and of course whether they are winning or losing. We can't give you an approximation unfortunately. However, you can check out our stats page to see how previous investors have done at https://www.satoshidice.com/stats/
Satoshi Dice uses a 1.9% house edge and backers get 50% of the house wins or losses. The slot game uses a 3.5% edge. This means that the dice game gives a 0.95% Expected Value (EV) that is shared by the backers, and the Slot Game gives a 1.75% EV to the backers.

Of course there is always a risk of investing in the bankroll. As you can see from the stats a page -  A player won big on the slots. But as you can also see profit has continued to increase since then.


Why you even make it lowered? You need to make sure that both of you and investor sure to get profit. Even if you lowered the house edge, this will be disadvantages through you and investor. And btw you are still in debt right? And you said last time you are investigate every bet that he made before and now you are lowering the house edge, really does not make any sense

We want to lower the dice edge in order to be competitive with other dice sites. By doing so and with the improvements in security and support, we expect to get more wagers that will benefit us, players and the investors. You can see how the recent slot profit has made up for most of the loss from the big win at https://www.satoshidice.com/stats/#slotGameCumulativeProfitSlot
Randian Hero
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February 27, 2017, 02:53:46 PM
Last edit: February 27, 2017, 04:04:41 PM by Randian Hero
 #5365

We're running a database operation on the site now and player activity will be frozen for some minutes. Thanks for your patience.

EDIT: The site is back up.
Randian Hero
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February 27, 2017, 07:22:36 PM
 #5366

Tomorrow noon GMT there will be a scheduled downtime in order to change the house edge of the Dice game from 1.9% to 0.9%.
 
We expect the change to not take more than a couple of hours to implement and properly test.
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February 28, 2017, 02:45:09 AM
 #5367

Tomorrow noon GMT there will be a scheduled downtime in order to change the house edge of the Dice game from 1.9% to 0.9%.
 
We expect the change to not take more than a couple of hours to implement and properly test.


What else can be a good news than lowering of house edge for gamblers. I am sure this is going to attract alot of new players including me. As lower house edge means more probability to win. Smiley
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February 28, 2017, 09:35:38 AM
 #5368

Well at least the developer of the website is finally very active on this thread. Seems that Satoshidice might be back again.

Yes lowering the house edge to 0.9% is nice but this should of been done a long time ago.

Honestly I think with all the mess created for the last 6 months or so the house edge should be 0.1% or 0% to make up for it.

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Randian Hero
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February 28, 2017, 02:43:49 PM
 #5369

The site is now back up with the Dice edge changed to 0.9%

Thanks for your patience. Feel free to contact support with any queries. Good luck with your future rolls!
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February 28, 2017, 03:38:12 PM
 #5370

how does an investment on this site works? or any other gambling site, but specially this one. what i mean is if a make an investment for how long will i be receiving coins, what is the average time for ROI, anyone with experience in this area??

How much you earn a day completely depends on the number of users and of course whether they are winning or losing. We can't give you an approximation unfortunately. However, you can check out our stats page to see how previous investors have done at https://www.satoshidice.com/stats/
Satoshi Dice uses a 1.9% house edge and backers get 50% of the house wins or losses. The slot game uses a 3.5% edge. This means that the dice game gives a 0.95% Expected Value (EV) that is shared by the backers, and the Slot Game gives a 1.75% EV to the backers.

Of course there is always a risk of investing in the bankroll. As you can see from the stats a page -  A player won big on the slots. But as you can also see profit has continued to increase since then.


Why you even make it lowered? You need to make sure that both of you and investor sure to get profit. Even if you lowered the house edge, this will be disadvantages through you and investor. And btw you are still in debt right? And you said last time you are investigate every bet that he made before and now you are lowering the house edge, really does not make any sense

We want to lower the dice edge in order to be competitive with other dice sites. By doing so and with the improvements in security and support, we expect to get more wagers that will benefit us, players and the investors. You can see how the recent slot profit has made up for most of the loss from the big win at https://www.satoshidice.com/stats/#slotGameCumulativeProfitSlot

Yes of course huge wagered will advantage you guys but how about if people keep on winning from your site? Does it not affected your bankroll, since many investor not want this thing happened. With this thing, many investor will get out from this investment. But still i dont understand why you doing this? For the popularity of course but in the long term if many people win on your site, this will not good to your site and investors

SatoshiDICE_PR
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February 28, 2017, 05:49:00 PM
 #5371

The last couple of hours we had some issues with the hardware firewall configuration, preventing players from loading all the files needed to run the site. This issue has been fixed now. Sorry about the problems.

Randian Hero
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March 01, 2017, 12:41:59 AM
 #5372

We have noticed that the state of the Bitcoin network currently requires transaction fees substantially higher than 100 satoshis per kb in order to get confirmed within the first couple of blocks. We have increased the fee to target 200 satoshis per kb in order to ensure quick withdrawals. If you deposit, please make sure to make sure to have the transaction include a sufficient fee!

https://bitcoinfees.21.co/ is a handy tool to see what fee you should use.
cbux
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March 01, 2017, 02:17:04 AM
 #5373

The last couple of hours we had some issues with the hardware firewall configuration, preventing players from loading all the files needed to run the site. This issue has been fixed now. Sorry about the problems.

The site is still not loading for me. Just a blank page. I've tried in multiple browsers for a couple hours now.
adaseb
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March 01, 2017, 10:34:22 AM
 #5374

The last couple of hours we had some issues with the hardware firewall configuration, preventing players from loading all the files needed to run the site. This issue has been fixed now. Sorry about the problems.

The site is still not loading for me. Just a blank page. I've tried in multiple browsers for a couple hours now.

Yeah I got that also. I assumed it was still down again. You gotta clear your cookies and then try again. It should work. If it doesn't do a DNS flush. If that doesn't work then just use another browser and it should work. Try using a browser that you never used on Satoshi dice before and it should work.

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Gerlysheyn
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March 01, 2017, 02:10:23 PM
 #5375

It is very nice game where some gamer are enjoying while earning bitcoin. It is a nice way to earn more bitcoin even it is start in small satoshi because butcoin needs satoshi to become a 1 bitcoin.
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March 01, 2017, 03:02:55 PM
 #5376

We have noticed that the state of the Bitcoin network currently requires transaction fees substantially higher than 100 satoshis per kb in order to get confirmed within the first couple of blocks. We have increased the fee to target 200 satoshis per kb in order to ensure quick withdrawals. If you deposit, please make sure to make sure to have the transaction include a sufficient fee!

https://bitcoinfees.21.co/ is a handy tool to see what fee you should use.

Are you guys on the blockchain?
hinterlog
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March 01, 2017, 03:04:50 PM
 #5377

how does an investment on this site works? or any other gambling site, but specially this one. what i mean is if a make an investment for how long will i be receiving coins, what is the average time for ROI, anyone with experience in this area??

How much you earn a day completely depends on the number of users and of course whether they are winning or losing. We can't give you an approximation unfortunately. However, you can check out our stats page to see how previous investors have done at https://www.satoshidice.com/stats/
Satoshi Dice uses a 1.9% house edge and backers get 50% of the house wins or losses. The slot game uses a 3.5% edge. This means that the dice game gives a 0.95% Expected Value (EV) that is shared by the backers, and the Slot Game gives a 1.75% EV to the backers.

Of course there is always a risk of investing in the bankroll. As you can see from the stats a page -  A player won big on the slots. But as you can also see profit has continued to increase since then.


Why you even make it lowered? You need to make sure that both of you and investor sure to get profit. Even if you lowered the house edge, this will be disadvantages through you and investor. And btw you are still in debt right? And you said last time you are investigate every bet that he made before and now you are lowering the house edge, really does not make any sense

We want to lower the dice edge in order to be competitive with other dice sites. By doing so and with the improvements in security and support, we expect to get more wagers that will benefit us, players and the investors. You can see how the recent slot profit has made up for most of the loss from the big win at https://www.satoshidice.com/stats/#slotGameCumulativeProfitSlot

Yes of course huge wagered will advantage you guys but how about if people keep on winning from your site? Does it not affected your bankroll, since many investor not want this thing happened. With this thing, many investor will get out from this investment. But still i dont understand why you doing this? For the popularity of course but in the long term if many people win on your site, this will not good to your site and investors

I've asked some questions in the SD investor page - can I get some answers there or here?
game-protect
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March 01, 2017, 04:43:47 PM
 #5378

Yes of course huge wagered will advantage you guys but how about if people keep on winning from your site? Does it not affected your bankroll, since many investor not want this thing happened. With this thing, many investor will get out from this investment. But still i dont understand why you doing this? For the popularity of course but in the long term if many people win on your site, this will not good to your site and investors
Investors who do not care that 100s of Bitcoin slot wins were illegally reduced from their account balances, probably do not care either that many players win on satoshidice.

This would be a good question to the investors: Satoshi Dice - Play Instant Bitcoin Dice & Invest in the Bankroll

Game Protect - Online gambling consumer protection service
SatoshiDICE_PR
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March 01, 2017, 05:29:14 PM
 #5379

We have noticed that the state of the Bitcoin network currently requires transaction fees substantially higher than 100 satoshis per kb in order to get confirmed within the first couple of blocks. We have increased the fee to target 200 satoshis per kb in order to ensure quick withdrawals. If you deposit, please make sure to make sure to have the transaction include a sufficient fee!

https://bitcoinfees.21.co/ is a handy tool to see what fee you should use.

Are you guys on the blockchain?

Hi there! Bets are not on the blockchain but obviously deposits and withdrawals are.

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March 10, 2017, 02:27:20 PM
Last edit: March 10, 2017, 03:13:31 PM by ulatec
 #5380

Any ETA on the website coming back up from the "routine database maintenance".

Thanks! Smiley

Edit: seems to be up now, shortly after posting this.
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