After 1 year of diversified bitcoin dice house bank investment we lost 32.46%

[Bitcoin Betting Guide]

we have weighted bankroll at B13655, and he counts it by B1510. All his math is wrong.

We count it as exactly what you display front and centre on your website

SITE INVESTED:
1,545.277837

I don't see weighted bankroll anywhere. You have 2 big investors on 10x kelly? ok... If person A has ฿1 invested at 1x kelly and person B has ฿1 invested at 10x kelly does person B receive 10X more  return from the sites overall profit/loss?

Help me understand it fully and I will either change the bankroll figure we use, change the calculation or just add a footnote.    

This table help us so much to choose where we have to invest our bitcoin
But, what does review score mean ?

And which one is better ? PRC/Win88 ?

The review score is how highly we rate the site out of 100. If you click on the review score you will be taken to that sites entry in the Bitcoin Dice review page

http://www.bitcoin-dice-guide.com/bitcoin-dice-reviews/

For which is better between PRC and Win88 it depends what you are after and what is important to you. For that reason we made the Bitcoin Dice Site Selector

http://www.bitcoin-dice-guide.com/dice-site-selector/

You tell it what you want from a dice site and it will give you personalised recommendations

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[funtotry]

This is a really good thread, just read the return and I am thinking of investing in a dice site, looks like good return rates.
Just learned today that dice.ninja closed down. Shame

[dogedice.me]

we have weighted bankroll at B13655, and he counts it by B1510. All his math is wrong.

We count it as exactly what you display front and centre on your website

SITE INVESTED:
1,545.277837

I don't see weighted bankroll anywhere. You have 2 big investors on 10x kelly? ok... If person A has ฿1 invested at 1x kelly and person B has ฿1 invested at 10x kelly does person B receive 10X more  return from the sites overall profit/loss?

Help me understand it fully and I will either change the bankroll figure we use, change the calculation or just add a footnote.    

You could check our official thread where I post how many investors we have and what's their kelly level. We have about 10 investors with high kelly level. And yes, it means that investors with 10xKelly receives 10x times more than he actually invested [think of kelly as a leverage in forex, it allows you to trade with leverage, on dice sites it's actually the same]. That's what kelly means and thats why I told you about your wrong calculations by email. You should know that BitDice risks 1% of the bankroll, PRC or JD risks 0.5%. Knowing it you can calculate weighted bankroll and eventually your real percent in it.

BitDice as well as all major dice sites show only real invested amount. However if you check your invest statistic on each of those websites you see real supplying percent.

[Bitcoin Betting Guide]

Can I ask you politely, on what grounds would you consider MultiDice same business model and risk profile as icedice or the other site?

At first glance everything. On what grounds is it different?

[dogedice.me]

Also I wonder by what reasons you've lowered our review score from 82% to 77%? Is it because I've decided not to buy paid ad on your website in January?

[Bitcoin Betting Guide]

Also I wonder by what reasons you've lowered our review score from 82% to 77%?

Because I played some more there and found the betting interface sub optimal, the Go Auto bot in particular as I detailed here.

http://www.bitcoin-dice-guide.com/bitcoin-dice-automatic-betting-bots/

I still like BitDice overall though, I will look into the weighted bankroll and supplying % stuff soon.

[MultiDice]

Can I ask you politely, on what grounds would you consider MultiDice same business model and risk profile as icedice or the other site?

At first glance everything. On what grounds is it different?

Well, first technically we are not a "small new site". MultiDice was around for months when we used to operate buggy coindice script. First royal-casino then Bitcoindice and now MultiDice. I made a bad decision to start MultiDice brand using coindice script. I tried for months to make it right, invested substantial amount of money, hired developers but it was all for nothing as the coindice code was so buggy the only rescue was to re-write completely or start over. We decided to shut down the site back then and look for most secure code available, we allowed everyone to withdraw their funds which of course went without issues or missing balances, that's second.
 
Only recently I re-launched with a new site, fresh balance, backing from trusted developer and support from good people, again after lots spent and hours of work. This time we did make it right, the game is fair, UI attractive, servers are safe and site secured to the point I can sleep at night without worrying about balances.

I hope you feel a little safer now to test MultiDice, but just in case I am willing to put 1BTC in any trusted escrow provider you name for the time you keep your funds at MultiDice. If anything goes bad escrow will just release it to you. 
   

[Bitcoin Betting Guide]

All figures are updated comrades but its a sad sight I'm afraid

http://www.bitcoin-dice-guide.com/dice-investment-comparison/

In terms of investments Peerbet had a great fortnight going from ฿1.132 to ฿1.226 and Win88 had a nice bump from 1.348 to 1.380

There was ~฿4000 wagered at BitDice and ~฿3000 at Pocket Rockets Casino

CoinWin became the 3rd brand in 5 months to do a runner and cost us the full ฿1 investment. The bank was very small and there was no way to contact site admin so it was a dumb place to invest in anyway.

It leaves us only ฿6.096 of the ฿8 invested.

[BayAreaCoins]

All figures are updated comrades but its a sad sight I'm afraid

http://bitcoin-dice-guide.com/dice-investment-comparison/

In terms of investments Peerbet had a great fortnight going from ฿1.132 to ฿1.226 and Win88 had a nice bump from 1.348 to 1.380

There was ~฿4000 wagered at BitDice and ~฿3000 at Pocket Rockets Casino

CoinWin became the 3rd brand in 5 months to do a runner and cost us the full ฿1 investment. The bank was very small and there was no way to contact site admin so it was a dumb place to invest in anyway.

It leaves us only ฿6.096 of the ฿8 invested.

Just-dice ftw

[tmpxeroc]

eagerly awaiting to see BitShares PLAY in that table too ..
at least you cannot get scammed there

[dsly]

All figures are updated comrades but its a sad sight I'm afraid

http://bitcoin-dice-guide.com/dice-investment-comparison/

In terms of investments Peerbet had a great fortnight going from ฿1.132 to ฿1.226 and Win88 had a nice bump from 1.348 to 1.380

There was ~฿4000 wagered at BitDice and ~฿3000 at Pocket Rockets Casino

CoinWin became the 3rd brand in 5 months to do a runner and cost us the full ฿1 investment. The bank was very small and there was no way to contact site admin so it was a dumb place to invest in anyway.

It leaves us only ฿6.096 of the ฿8 invested.

Was most of the amount lost due to scams or was it investment loss ?

[pawel7777]

Was most of the amount lost due to scams or was it investment loss ?

Scams. 3 out of 8 sites run away with the funds. It's close to impossible to lose 100% investment if the site is legit. All the other 5 sites returned some profit.

[theskillzdatklls]

did you take d00g up on his offer to get some free clams? seems like the least you could get for running this whole thing!!

[Minnlo]

Ouch, 3 of the "top 8" sites were gone after just 4 months. The remaining 5 sites have a very good return rate, except for dicenow with only 3% p.a.

Lesson learned: The house is very likely to get nice profit with the presence of house edge, but it may not be the case for bankroll investors.

[pawel7777]

...
Lesson learned: The house is very likely to get nice profit with the presence of house edge, but it may not be the case for bankroll investors.

What do you mean by that? Are you suspecting operators to somehow steal the investors' earnings? If so, that shouldn't be difficult to prove. Care to elaborate?

Or are you just trying to increase your post count?

[promojo]

Interesting.  The question is though... How can you consider using DICE sites an investment and not purely a gamble?

[dooglus]

did you take d00g up on his offer to get some free clams? seems like the least you could get for running this whole thing!!

He didn't.

That offer again, in case he missed it:

I'd be happy too give you 1 BTC worth of CLAMs to invest for the purposes of comparison. Set up an account and PM me with details and I'll send them over.

[finnile]

Interesting.  The question is though... How can you consider using DICE sites an investment and not purely a gamble?

Eh, by simply clicking on the invest option rather than the roll one.

[dooglus]

Interesting.  The question is though... How can you consider using DICE sites an investment and not purely a gamble?

Eh, by simply clicking on the invest option rather than the roll one.

I think his point is that "investing" is a gamble too because at least 3 of the top 8 such sites were run by scammers.

[Bitcoin Betting Guide]

did you take d00g up on his offer to get some free clams? seems like the least you could get for running this whole thing!!

We are not particularly anti alt-coins but we are only covering bitcoin operators for the moment.