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

[PocketRocketsCasino]

I see what you did there.

Yes, but nobody else did. I thought we had agreed that I wasn't going to point out problems with your site any more and you would stop trying to defend it. Wasn't that our truce?

But I'll just let you know that I started Pocket Rockets Casino before your site opened, continued to operate while you were closed and still will continue to operate into the far future. In almost 2 years I have never lost a single satoshi of a player or investors money due to incompetence. But nice to see you still always trying to put the site down.

Well, you used to run a poker site, then when it didn't gain much traction you switched to running a dice site. I guess you can call it the same site even though the domain, game selection and even the design are completely different now. I'll stick to my side of the truce and not bring up old examples of losses suffered by investors due to incompetence.

Yes we did but every time I come into the forum I see some snidey remark or little dig from you aimed at PRC. Doesn't sound to me like you're holding up to your agreement.

In regards to the other part and finnile's comment.
I opened a Bitcoin gambling website in 2013, in 2015 it still is a Bitcoin gambling website.
I'll just stick to the PRC thread from now.

[finnile]

[Good stuff]

Huh, I was just talking about you in response to a different Dean post.

Wasn't it you who first discovered DB's nonce-skipping?

Yes it was me. I showed off the losses to Bazza and a1choi on chat, and had Bazza confirm it.
Dean just tries to claim it was him, just so he can get the credit to PRC

He was also the only guy who was blaming you and was spreading stuff about you being responsible for that scam. Thats how people like duckydonald get such stuff to say. (Not starting a war here )

[finnile]

Yes we did but every time I come into the forum I see some snidey remark or little dig from you aimed at PRC. Doesn't sound to me like you're holding up to your agreement.

In regards to the other part and finnile's comment.
I opened a Bitcoin gambling website in 2013, in 2015 it still is a Bitcoin gambling website.
I'll just stick to the PRC thread from now.

Yes thats what I mean. I am planning to open one of those clone scripts as well, with the name exchange in the site.
And then open a trustworthy exchange few years down the line

[funtotry]

I used mydice.co and made 40% profit on invest in a couple days. Wishing I deposited more than 0.01. Sadly I busted that profit, but this site seems to be doing well so far.

[Bitcoin Betting Guide]

Ladies and Gentlemen all stats are updated except Bitdice because I cant log in since the site upgrade and Winn88 because their investment page is not outputting my balance.

The news is the rise and rise of Peerbet has continued taking them to the top of the leader board for best return making them the 3rd site to make it there after Win88 and Pocket Rocket Casino.

In a nice development 3 out of 4 sites that did not scam me and have the relevant figures available are performing in line with expected annual returns

I have added another non investment operator to the reviews, that being FortuneJack who I recon are pretty good for a roll, more info here http://www.bitcoin-dice-guide.com/bitcoin-dice-reviews/

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

[theskillzdatklls]

ty for update

[pawel7777]

Thanks for update.

Excluding those 3 scam sites, it adds up to 25.7% return for 5.5 months, not bad at all. I hope you'll turn to overall profit soon.

[casinobitco]

Woo hoo!!

Wait till our next version of PeerBet.org is launched!

[Coef]

Ladies and Gentlemen all stats are updated except Bitdice because I cant log in since the site upgrade and Winn88 because their investment page is not outputting my balance.

The news is the rise and rise of Peerbet has continued taking them to the top of the leader board for best return making them the 3rd site to make it there after Win88 and Pocket Rocket Casino.

In a nice development 3 out of 4 sites that did not scam me and have the relevant figures available are performing in line with expected annual returns

I have added another non investment operator to the reviews, that being FortuneJack who I recon are pretty good for a roll, more info here http://bitcoin-dice-guide.com/bitcoin-dice-reviews/

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

Are the bank turnover figures updated? While peerbet has a much longer turnover and a similar edge then the other 4 sites, it is surprising to see it gives you the highest return rate.

[Bitcoin Betting Guide]

Thanks for update.

Excluding those 3 scam sites, it adds up to 25.7% return for 5.5 months, not bad at all.

notsureifserious. Excluding the 53 games the New York Nicks have lost this season they are undefeated, not bad at all. amiright?  

Are the bank turnover figures updated? While peerbet has a much longer turnover and a similar edge then the other 4 sites, it is surprising to see it gives you the highest return rate.

Yes bank turnover stats are up to date. The peerbet bank has just been having a good run (or Peerbet is faking numbers I guess, but I am not suggesting that)

[theskillzdatklls]

Thanks for update.

Excluding those 3 scam sites, it adds up to 25.7% return for 5.5 months, not bad at all.

notsureifserious. Excluding the 53 games the New York Nicks have lost this season they are undefeated, not bad at all. amiright? 

Are the bank turnover figures updated? While peerbet has a much longer turnover and a similar edge then the other 4 sites, it is surprising to see it gives you the highest return rate.

Yes bank turnover stats are up to date. The peerbet bank has just been having a good run (or Peerbet is faking numbers I guess, but I am not suggesting that)

I have nothing but great things to say about peerbet... other than their site could use some work but I think Tim is motivated to do that.

BBG... do you have some bad feelings about bitdice.me based on something you said earlier? or other concerns going forward about certain sites? or are you just trying to be neutral, not guessing and riding the ship as she goes?

[pawel7777]

Thanks for update.

Excluding those 3 scam sites, it adds up to 25.7% return for 5.5 months, not bad at all.

notsureifserious. Excluding the 53 games the New York Nicks have lost this season they are undefeated, not bad at all. amiright?  

Your NY Knicks is not a best comparison. It would work only if you've lost those 3 BTC during normal course of business (lucky players take your investment). But you got scammed.

Looking at your stats, I get the conclusion that investing in bankroll can be a good idea, providing you choose reliable site(s).

If your conclusion is that such investment is a mistake because you're unable to determine which site is trusted, then stop 'betting on the Knicks' and withdraw what's left.

[Bitcoin Betting Guide]

All figures are updated again http://www.bitcoin-dice-guide.com/dice-investment-comparison/

Not much change on the table but Win88 did tell me my balance and it puts them back at number 1 but they don't get to go there since I still cant see it on the site.

Big changes coming up to the way Pocket Rocket Casino pays commission, the change has not started yet so I am not fully across it, perhaps Dean or someone cares to explain?

Wherever we have the option we set our investment to 1X Kelly as that seems the closet thing to a "standard" nowadays.

I went to Dicenow and there was a ball of tumbleweed blowing across it, seems to be kind of deserted. 6 months ago admin told me they were building version 2. IDK but other sites are changing and innovating but Dice now seem to be stuck in neutral and getting very little use.

Peace out.

[Bitcoin Betting Guide]

Updated the figures

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

PRC now pay them-self 0.25% of turnover commission from the bank no matter if investors profit or loss. If investors have a loosing month to bettors they will then lose even more by paying PRC commission on turnover. Where as most sites only take a commission from their investors when they win.

Also the 0.75% investors edge is 0.15% less than the standard 0.9% so you can expect to make less per bank turnover on PRC than other places but if PRCs bank turns over more often than other places that would make up for it.

I asked to withdraw my investment from Win88 as there is no point having a bunch of ? on the table. Chat support could not do it but they said admin to do it "soon".

I finally got around to reviewing Primedice and by golly its the best dice site I have ever seen! Beautiful design, fantastic auto-bet bot, near instant transactions, long history of trouble free operation. Everything works perfectly and is intuitive. The only problem is they don't have investment and max bet of ฿20 is a bit small, but if you want to play rather than invest go directly to Primedice, do not pass go and do not pay 200 clams.

[pawel7777]

Updated the figures

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

PRC now pay them-self 0.25% of turnover commission from the bank no matter if investors profit or loss. If investors have a loosing month to bettors they will then lose even more by paying PRC commission on turnover. Where as most sites only take a commission from their investors when they win.

PRC did announce that well in advance and clearly said they were not looking for more investments, as the max bet is already too high.
So yeah, the fee seems pretty high, but if anyone is not happy with it he could divest/withdraw before 1 April.

Also the 0.75% investors edge is 0.15% less than the standard 0.9% so you can expect to make less per bank turnover on PRC than other places but if PRCs bank turns over more often than other places that would make up for it.

...

And that's probably why there was no massive escape of investment.

[casinobitco]

Just to get the word out, (James feel free to delete if you feel it's the wrong place)

We are in the process of removing (or rather, replacing) Hunter Coin. This is due to the inability to get the HUC wallet to work consistently and, it's rather low market cap, as well as limited use on PeerBet.org.

Over the course of the next several weeks, we will also be replacing the following coins as they don't have a sizeable amount of play on Bit777.com or PeerBet.org and also suffer from a rather weak market cap
- PrimeCoin (XPM)
- NameCoin (NMC)
- FeatherCoin (FTC)


Users on PeerBet.org will, of course, be able to divest from the bankroll and withdrawal for an indefinite amount of time after an alt-coin is deprecated!

That will leave the constant coins to the following
Bitcoin
LiteCoin
DogeCoin
DashCoin
PeerCoin


Have an idea on what new alt-coins we should bring online?!? Chime in https://bitcointalk.org/index.php?topic=280487.msg11133815#msg11133815

[srgkrgkj]

Just to get the word out, (James feel free to delete if you feel it's the wrong place)

We are in the process of removing (or rather, replacing) Hunter Coin. This is due to the inability to get the HUC wallet to work consistently and, it's rather low market cap, as well as limited use on PeerBet.org.

Over the course of the next several weeks, we will also be replacing the following coins as they don't have a sizeable amount of play on Bit777.com or PeerBet.org and also suffer from a rather weak market cap
- PrimeCoin (XPM)
- NameCoin (NMC)
- FeatherCoin (FTC)


Users on PeerBet.org will, of course, be able to divest from the bankroll and withdrawal for an indefinite amount of time after an alt-coin is deprecated!

That will leave the constant coins to the following
Bitcoin
LiteCoin
DogeCoin
DashCoin
PeerCoin


Have an idea on what new alt-coins we should bring online?!? Chime in https://bitcointalk.org/index.php?topic=280487.msg11133815#msg11133815

nice business move, hopefully we will see the site expand further as currently im keepin gup with OP's investments and it seems the site is extremely profitable atm

[casinobitcoin]

Looking good Peerbet.org... Looking good.

[srgkrgkj]

Looking good Peerbet.org... Looking good.

yep yep the turnover seems amazing and i hope the casino can keep churning out profits like this Keep going peerbet

[BigMac]

Looking good Peerbet.org... Looking good.

yep yep the turnover seems amazing and i hope the casino can keep churning out profits like this Keep going peerbet

If I understand the remark 2 correctly, the smaller the "bank turnover", the better it would be for the investors.
Regarding just the turnover figure, Peerbet is in fact ranked as the third among the four and it is not so amazing.

Bank turnover is how often an amount equal the house bank is bet. This is how often the investors edge should be realized. For example if a site has a 0.9% investors edge and it takes 23 days for the bank to be bet through, then investors should make 0.9% every 23 days. We tracking this over a rolling 90 days.