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Author Topic: SatoshiDICE.com - The World's Most Popular Bitcoin Game  (Read 495769 times)
GoWest
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December 28, 2012, 09:37:25 PM
 #981


That is awesome!  Congrats!

GoWest
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December 28, 2012, 09:39:00 PM
 #982

I <3 SatoshiDice.   Kiss



Well, this hasn't yet ended in tears:



264 BTC from the top of the leaderboard.  Will I make it?!?!

I'm now up by 2000 BTC or so (the calculator on blockchain.info isn't showing for some reason). I think it's time to call it quits!

legitnick
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December 28, 2012, 10:57:05 PM
 #983

I <3 SatoshiDice.   Kiss



Well, this hasn't yet ended in tears:



264 BTC from the top of the leaderboard.  Will I make it?!?!

I'm now up by 2000 BTC or so (the calculator on blockchain.info isn't showing for some reason). I think it's time to call it quits!
How many coins did you start out with?

5 BITCOIN RAFFLE GIVEAWAY
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Bowjob
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December 28, 2012, 11:46:28 PM
 #984

I <3 SatoshiDice.   Kiss



Well, this hasn't yet ended in tears:



264 BTC from the top of the leaderboard.  Will I make it?!?!

I'm now up by 2000 BTC or so (the calculator on blockchain.info isn't showing for some reason). I think it's time to call it quits!

Gratz

It seemed like a good idea at the time.
nimda
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December 29, 2012, 01:03:05 AM
 #985

I <3 SatoshiDice.   Kiss



Well, this hasn't yet ended in tears:



264 BTC from the top of the leaderboard.  Will I make it?!?!

I'm now up by 2000 BTC or so (the calculator on blockchain.info isn't showing for some reason). I think it's time to call it quits!
It is definitely time to call it quits. Take your 26K USD and run.
GoWest
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December 29, 2012, 01:15:06 AM
 #986

I <3 SatoshiDice.   Kiss



Well, this hasn't yet ended in tears:



264 BTC from the top of the leaderboard.  Will I make it?!?!

I'm now up by 2000 BTC or so (the calculator on blockchain.info isn't showing for some reason). I think it's time to call it quits!
How many coins did you start out with?

850.

Bowjob
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December 29, 2012, 11:51:20 AM
 #987

Is there a way to bet on Satoshi once, but different bets?

For instance, I want to do satoshi 73%, but then I want it so I do like 10 different bets, but one single transaction?

It seemed like a good idea at the time.
legitnick
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December 29, 2012, 12:09:01 PM
 #988

Is there a way to bet on Satoshi once, but different bets?

For instance, I want to do satoshi 73%, but then I want it so I do like 10 different bets, but one single transaction?
You can do this with the blockchain.info wallet.

5 BITCOIN RAFFLE GIVEAWAY
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Bowjob
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December 29, 2012, 12:38:20 PM
 #989

How come not all the dice are there?

It seemed like a good idea at the time.
Micon
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December 29, 2012, 01:18:48 PM
 #990

How come not all the dice are there?

much like Las Vegas craps games, from time to time you have to change the dice to make sure no one has an edge on you or is past-posting.

I'm flying FPV race drones these days. Check out my YouTube channel: https://www.youtube.com/c/MiconFPV
dooglus
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December 29, 2012, 07:18:41 PM
 #991

Is there a way to bet on Satoshi once, but different bets?

For instance, I want to do satoshi 73%, but then I want it so I do like 10 different bets, but one single transaction?

Each transaction gets a single "lucky number".

If you make multiple payments to the same satoshidice address in a single transaction, they'll all get the same lucky number.  It acts just as if you made a single large payment to that address with the following exception: if you exceed the max bet with a single payment, the payment is returned to you and your bet doesn't count, but if you break your payment into multiple smaller amounts then they will be processed until their sum exceeds the maximum bet.  So for example if you send a single 10 BTC payment to an address with a max bet of 5 BTC it will be returned, but if you send 10 single 1 BTC payments to the same address, 5 of them will be processed and the other 5 will be returned.

Just-Dice                 ██             
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evoorhees (OP)
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December 30, 2012, 05:42:23 PM
 #992

I <3 SatoshiDice.   Kiss



I hate you and hope you die
Are you serious?

People should play on clone dice / nakabot now.

LOL it is amazing that the tag ::sarcasm:: has to be used!!  Do you really think I "hate him and hope that he dies?"  Roll Eyes 
evoorhees (OP)
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December 30, 2012, 05:52:50 PM
 #993


Well played, sir!
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December 31, 2012, 07:29:09 AM
 #994

How come not all the dice are there?

much like Las Vegas craps games, from time to time you have to change the dice to make sure no one has an edge on you or is past-posting.
No, more like because Blockchain.info didn't implement them all for UI reasons.
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January 02, 2013, 06:10:15 AM
 #995

After winning over 11,000 BTC recently, the maximum bets at satoshidice have now been reduced.  It used to be possible to bet 250 BTC on <32000, <24000, <12000 but isn't any longer.

Is that deliberate, or did something go wrong?


Just-Dice                 ██             
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January 02, 2013, 09:48:46 AM
 #996

After winning over 11,000 BTC recently, the maximum bets at satoshidice have now been reduced.  It used to be possible to bet 250 BTC on <32000, <24000, <12000 but isn't any longer.

Is that deliberate, or did something go wrong?


I think this might have being deliberate. SatoshiDICE wants lower variance (since it is -EV), and therefore lowered the max bets (which means the max wins from a single bet).
giantdragon
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January 02, 2013, 04:13:07 PM
Last edit: January 02, 2013, 04:25:43 PM by giantdragon
 #997

I think this might have being deliberate. SatoshiDICE wants lower variance (since it is -EV)
I am just wondering why so many people play there even knowing that odds are always against them! Huh SatoshiDice is no different from the Vegas casinos who make all possible to enforce positive EV for them (have you ever heard about card counting systems in the Blackjack and how casinos treated with own players? This film is almost 100% truth, IMHO). The only one difference between offline casinos and S.Dice is that real casinos have to pay workers, license fees, taxes, building maintenance costs etc, but S.Dice owner can just count all players' loses as his pure profit and even to harm other Bitcoin users by polluting blockchain.
MPOE-PR
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January 02, 2013, 04:45:38 PM
 #998

I <3 SatoshiDice.   Kiss



I hate you and hope you die
Are you serious?

People should play on clone dice / nakabot now.

LOL it is amazing that the tag ::sarcasm:: has to be used!!  Do you really think I "hate him and hope that he dies?"  Roll Eyes 

I lolled at the nakabet thing. So basically, what'd happen to nakabot/clonedice/whatever if someone actually won 1000 BTC?

Oh wait, don't tell me. Let's preserve a moment of silence.

I am just wondering why so many people play there even knowing that odds are always against them!  SatoshiDice is no different from the Vegas casinos who make all possible to enforce positive EV for them

It's not different in principle, but it's very very different in fact: a 1.9% house edge is pretty much the lowest in the market. Lotteries usually return something like 60%. Most casino games return 95% or less.

Think about it this way: the blockchain.info mixer services charges 1.5% fees. For an extra .4% you can actually gamble.

But otherwise, your asinine attitude likely motivated by your own personal failure is duly noted, well done with whatever peerbet thing. The bad news being that it's getting killed this month, btw.

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giantdragon
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January 02, 2013, 05:00:36 PM
 #999

It's not different in principle, but it's very very different in fact: a 1.9% house edge is pretty much the lowest in the market.
Absolutely rubbish! Roulete has -2.7% EV, blackjack -0.28% EV, video poker (jacks and better) -0.46% EV. Even casino craps have about ~1.5 edge.

But otherwise, your asinine attitude likely motivated by your own personal failure is duly noted, well done with whatever peerbet thing. The bad news being that it's getting killed this month, btw.
It it just existing popularity of the S.Dice slows down entering on the market potentially better games. But nobody guarantees popularity forever! Wink
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January 02, 2013, 10:25:31 PM
 #1000

It's not different in principle, but it's very very different in fact: a 1.9% house edge is pretty much the lowest in the market.
Absolutely rubbish! Roulete has -2.7% EV, blackjack -0.28% EV, video poker (jacks and better) -0.46% EV. Even casino craps have about ~1.5 edge.

[...]

It it just existing popularity of the S.Dice slows down entering on the market potentially better games. But nobody guarantees popularity forever! Wink

Your casino stats are correct. SatoshiDICE is not the lowest odds "in the market." But SatoshiDICE is the easiest to play. There is no commitment, there is no sign up, there is nothing to do except send a payment to an address and get a "win" or "lose" back. And that, in my opinion, is why SatoshiDICE is so popular.
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