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Author Topic: After 1 year of diversified bitcoin dice house bank investment we lost 32.46%  (Read 17732 times)
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Bitcoin Betting Guide (OP)
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June 13, 2015, 01:02:03 AM
 #181

Thanks for your word, i need a good dice or betting site with investor program. you can add a minimum btc for invest in every site?

Its so low its not worth considering, I think it's BTC0.001 at the most. Pocket Rockets Casino might be an exception as they are trying to discourage investments but generally any amount will do.

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Bitcoin Betting Guide (OP)
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July 04, 2015, 05:10:08 AM
Last edit: July 04, 2015, 06:21:49 AM by Bitcoin Betting Guide
 #182

New update. Oh my god! Wow!! AMAZBALLS!!! CHECK THIS OUT!!!!  Cheesy

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

Lots of action at PRC in the last few weeks. Bump in profit and big increase in turnover and house bank from BTC3188 to BTC3878. I saw there was a whale betting huge I guess he lost pretty big, as long as theymos is having fun with the forum funds I guess Wink Actually who do we think the whale was?  

For the first time in months there was some action on dicenow, increase in turnover and house bank, profit down a bit.

For somewhere that reportedly gets a lot of action bitdice profit has been incredibly flat for incredibly long. Get your tin foil hats if you like.

Happy bitcoining!

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July 04, 2015, 05:37:35 AM
 #183


Not sure why but I am unable to read the whole table. I have tried using Firefox and Chrome, but I got the the same result.

Lots of action at Peerbet in the last few weeks. Bump in profit and big increase in turnover and house bank from BTC3188 to BTC3878. I saw there was a whale betting huge I guess he lost pretty big, as long as theymos is having fun with the forum funds I guess Wink Actually who do we think the whale was? 

Are you talking about Peerbet or PRC here?

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July 04, 2015, 06:26:47 AM
Last edit: July 04, 2015, 07:30:29 AM by Bitcoin Betting Guide
 #184

Not sure why but I am unable to read the whole table. I have tried using Firefox and Chrome, but I got the the same result.

Thanks for telling me. Do you mean the far right of the tables goes off the screen? If so I am on to it. If something else what do you see?

Are you talking about Peerbet or PRC here?

Uh you're right, I need some sleep, edit made and thanks again.

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July 04, 2015, 08:18:16 AM
 #185

Bitcoin Betting Guide you can suggest my a secure dice site for invest , better if is in bitcoin ?
Secure for me, is when the dev not close a site and go with all money. I have invest in just-dice, but is only for clam coin. And you know one betting site to invest ?
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July 04, 2015, 12:17:32 PM
 #186

Bitcoin Betting Guide you can suggest my a secure dice site for invest , better if is in bitcoin ?
Secure for me, is when the dev not close a site and go with all money. I have invest in just-dice, but is only for clam coin. And you know one betting site to invest ?

It's always up to you to make your own judgement on whether the site is secure and trustworthy or not.

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July 04, 2015, 12:26:04 PM
 #187

Bitcoin Betting Guide you can suggest my a secure dice site for invest , better if is in bitcoin ?
Secure for me, is when the dev not close a site and go with all money. I have invest in just-dice, but is only for clam coin. And you know one betting site to invest ?

I think they are already saying it in the title "Peerbet now best investment!"
Still, you have your own mind, so try to catch the best investments available in the markets.
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August 11, 2015, 02:19:56 PM
Last edit: March 29, 2017, 04:08:47 AM by bitedge
 #188

Hi all, OP here. I change the name and address of the old Bitcoin Betting Guide to Bitedge. Full details here https://bitedge.com/blog/introducing-bitedge-the-improved-bitcoin-betting-guide/

I have only just realised Peerbet take their 7% commission from investors at the time of withdrawal not in real time or weekly like other sites do. As such I have constantly overstated the Peerbet return by 7% but I have now corrected that.

PRC dice has stopped investment so they have been changed to a static result. They gave an annualized return of 75% so we have to say well done and good luck in the future.

10 months after we started I would say it’s a pretty sorry looking table. We have had 3 exit scams and 3 retirements (dicebitco.in is the one that is not shown). It seems the prime of Just Dice was the prime of dice investment in general, only a trustless system would get me excited again and get me to consider further investment. Here is the table https://bitroll.com/house-bank-investment-guide/dice-investment-comparison/

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August 12, 2015, 02:22:36 AM
 #189

tyvm for doing all of this through the months, been fun to follow




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August 12, 2015, 11:04:05 AM
 #190


How did you get the bank turnover for Peerbet as 1 day? Their total wagered seems to have only increased by 30 btc in the past 2 weeks according to the graph on http://dicesites.com/peerbet

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August 12, 2015, 11:13:52 AM
 #191

Great list, looks like its time to invest.
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August 12, 2015, 11:17:51 AM
 #192

Hi all, OP here. I change the name and address of the old Bitcoin Betting Guide to Bitedge. Full details here http://www.bitedge.co/blog/introducing-bitedge-the-improved-bitcoin-betting-guide/

Dice now have gone to the top in the greatest comeback of all time.

I have only just realised Peerbet take their 7% commission from investors at the time of withdrawal not in real time or weekly like other sites do. As such I have constantly overstated the Peerbet return by 7% but I have now corrected that.

PRC dice has stopped investment so they have been changed to a static result. They gave an annualized return of 75% so we have to say well done and good luck in the future.

10 months after we started I would say it’s a pretty sorry looking table. We have had 3 exit scams and 3 retirements (dicebitco.in is the one that is not shown). It seems the prime of Just Dice was the prime of dice investment in general, only a trustless system would get me excited again and get me to consider further investment. Here is the table http://www.bitroll.co/dice-investment-comparison/



PRC is still running with investment at the moment. Just not accepting new or allowing top ups.
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August 12, 2015, 11:33:47 AM
 #193

Great list, looks like its time to invest.

What I see is 3 out of 9 sites ended as a scam, and OP has an overall -21.27% loss in the past 10 months. Are you looking at the same figure as I am lol?

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August 12, 2015, 11:57:13 AM
 #194


How did you get the bank turnover for Peerbet as 1 day? 

Shoot your right, I must of misread or mistyped a figure. Updated thanks.

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October 18, 2015, 12:33:09 AM
Last edit: March 29, 2017, 04:35:15 AM by bitedge
 #195

Just a reminder I (Bitedge) am the OP (Bitcoin Betting Guide)

The big news in bitcoin dice since the last update is that the biggest and most trusted name in bitcoin gambling, Nitrogen Sports, now has an excellent dice product, reviewed here

https://bitroll.com/bitcoin-dice-reviews/

I think it looks great and what sets it apart is the overall quality of the operator with a long history of trouble free honest service where you get instant deposit and withdrawals and share your balance with the excellent sportsbook and poker games.

It’s a shame there is no investment or auto betting bot and I don’t like how you have to scroll up and down between the betting interface and your own bet results but overall I think it’s the best bitcoin dice option, although if you are a real dice only purist not in the US or Australia PrimeDice might still be best.

This is a milestone update for the bitcoin dice investment comparison

https://bitroll.com/house-bank-investment-guide/dice-investment-comparison/

It has been 1 year since we invested! It has been a terrible year for the bitcoin dice investment scene; with many scams, the best dice sites to play on not having house bank investment, the return of JustDice happening with an altcoin instead of bitcoin and no progress or innovation in producing the much needed trustless model for house bank investment.

The downward trend continues with 2 of our 3 remaining operators house bank shrinking (BitDice stayed the same). The headline result is that in 1 year of diversified investment in bitcoin dice house banks we lost 32.46%. A more careful investor would have had a better result but not enough to make it worth the risk, and an investor who is truly careful would not invest in any bitcoin dice house banks anyway.

Bitcoin dice house bank investment is dead for now and only a trustless implementation can bring it back to life.

https://bitedge.com/ Everything you need to make crypto sports betting fun and profitable!
https://bitedge.com/odds-comparisons/ Crypto odds comparisons. See the odds from top bitcoin sportsbooks side by side to get the best payout!
https://bitedge.com/bitcoin-sportsbook-reviews/ Honest, objective and thorough written and video reviews for the top crypto sportsbooks!
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October 18, 2015, 01:38:02 AM
 #196

You missed a huge opportunity here https://www.moneypot.com/investment

Investors basically having a field day.

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October 18, 2015, 02:06:14 AM
 #197

3 sites going bust out of 8. Not good at all.
Gambling at sites seem to have better odds than investing in gambling sites.
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October 18, 2015, 02:47:36 AM
 #198

3 sites going bust out of 8. Not good at all.
Gambling at sites seem to have better odds than investing in gambling sites.

It's not entirely surprising though - given the fact that there is little to no accountability this is something the con artists are more than happy to do. Honestly I'm more surprised there aren't more dice sites trying to prey on people. Most of these sites are happy to exist for a year or so and go for the long con to eventually scam - although I do agree it is a sad state of affairs.
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October 18, 2015, 03:12:56 AM
Last edit: October 18, 2015, 03:23:02 AM by ndnhc
 #199

imo, having the same investment across all sites isn't a good idea.

Do the math and find the best investments (ROI). Consider how secure the investment is. Allocate a portion of the portfolio considering both of them (additionally consider the growth rate too). Review and make changes to the portfolio kind of every 2 weeks or so.

I have invested in 3 sites, all doing pretty good. Around 0.2% daily ROI estimate. Lost some because of CLAM price crashing, but still holding on for a couple of months.

This is for example, how I plan to make my portfolio.
Site %
secret dice site  45%
BitDice.me        30%
Other major sites (MP, JD (high risk), etc.) 10%, 10% and 5%.
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October 18, 2015, 06:25:38 AM
 #200

Diversifying your dice portfolio is not the way to go.

Stick with Just-dice.

https://AltQuick.com/exchange/ - Trade altcoins & Bitcoin Testnet coins with real Bitcoin. Fast, private, and easy!
https://FreeBitcoins.com/faucet/ - Load your AltQuick exchange account with free Bitcoins & Testnet every 10 minutes.
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