Insured gambling. Get Per Cent of your Net Loss back.

[Watoshi-Dimobuto]

How it works:
1) PM me the site you want to play at.
2) I will give you my referral link.
3) You play.
4) You win, you take home the profits, you lose, you get per cent of your net loss back.

Only available for trusted sites with affiliate programs. In certain situations, in sites that are not transparent, I will ask for proof of loss.

Conditions vary with site and will discuss on PM.

If this thread is inappropriate in any sense, please do inform me and I will lock or delete this thread.

ty

[1714947547]

1714947547

[1714947547]

1714947547

[1714947547]

1714947547

[LOBSTER]

How it works:
1) PM me the site you want to play at.
2) I will give you my referral link.
3) You play.
4) You win, you take home the profits, you lose, you get a per cent of your net loss back.

Only available for trusted sites with affiliate programs. In certain situations, in sites that are not transparent, I will ask for proof of loss.

Conditions vary with site and will discuss on PM.

If this thread is inappropriate in any sense, please do inform me and I will lock or delete this thread.

ty

And you get the rest of the 5%? Not smart...better to play with a second account!

[lg1500]

you are stupid, someone can make one account and affillate himself on playing account. nobody need you service
if there is ip restiction there is many vpn services on internet.
but i think its illegal depend from policy

[cheekychap]

Can't you just do this by creating a referral account under your own account name? I doubt, this will be good for anyone.

[Watoshi-Dimobuto]

1. What 5%?

2. You don't need my service, don't post.

3. Referring yourself is against the site policy. You will get simply banned with your coins in or out of it. If you have been paying attention to this forum, you must have seen casinos (win88 is the most recent one) banning users for doing that. Most will not be public. And sites usually have a zero tolerance policy in such issues since such behavior will reduce their profits.
There are multiple ways (like bitcoin addresses) other than the ip that they check to confirm it.
VPNs: Unless you are sure that no one else have created an account with it, it is the same result.

[noma]

1. What 5%?

2. You don't need my service, don't post.

3. Referring yourself is against the site policy. You will get simply banned with your coins in or out of it. If you have been paying attention to this forum, you must have seen casinos (win88 is the most recent one) banning users for doing that. Most will not be public. And sites usually have a zero tolerance policy in such issues since such behavior will reduce their profits.
There are multiple ways (like bitcoin addresses) other than the ip that they check to confirm it.
VPNs: Unless you are sure that no one else have created an account with it, it is the same result.

Are you offering a 5% cash back?

[alani123]

What precentage of the BTC you earn from reffs are you giving back?

[Watoshi-Dimobuto]

What precentage of the BTC you earn from reffs are you giving back?

Depends on the site. Around 80 to 90%..

[Watoshi-Dimobuto]

Are you offering a 5% cash back?

5%? No. Varies with site.

[geoffreyqp]

Might consider if u offered picks from some premium picks service that u pay for. Then u can just forward picks to your referrals.

[dooglus]

How it works:
1) PM me the site you want to play at.
2) I will give you my referral link.
3) You play.
4) You win, you take home the profits, you lose, you get a per cent of your net loss back.

I just checked PRC's affiliate program. If you refer me, and I wager less than 1000 BTC, you get 0.01% of the amount I wager. Since the house edge is 1%, that is expected to be around 1% of the amount I lose.

So your expected earnings from my play would be the same as my expected refund from you. That makes your insurance policy have an expected profit of 0 for you. So why would you offer it?

Edit: maybe when you said "a per cent" you meant "an (unspecified) percentage". I interpreted it as "one percent", but you probably don't mean that.

Edit2: do you offer the service on satoshidice too? Their referral program is very strange in that if you refer a winner they charge you 10% of their losses.

[Watoshi-Dimobuto]

How it works:
1) PM me the site you want to play at.
2) I will give you my referral link.
3) You play.
4) You win, you take home the profits, you lose, you get a per cent of your net loss back.

I just checked PRC's affiliate program. If you refer me, and I wager less than 1000 BTC, you get 0.01% of the amount I wager. Since the house edge is 1%, that is expected to be around 1% of the amount I lose.

So your expected earnings from my play would be the same as my expected refund from you. That makes your insurance policy have an expected profit of 0 for you. So why would you offer it?

Edit: maybe when you said "a per cent" you meant "an (unspecified) percentage". I interpreted it as "one percent", but you probably don't mean that.

Edit2: do you offer the service on satoshidice too? Their referral program is very strange in that if you refer a winner they charge you 10% of their losses.

I will give around 80 to 90% of referral income. 90% for high-rollers.

Yeah, I didn't mean 1 per cent. Some sites offer 30% of Net Gaming Revenue.

Satoshidice? Yes. I am testing it since i already got a request there.
Do you know how exactly it works? I mean when they will pay? Can I reset my ref income etc?

[dooglus]

Yeah, I didn't mean 1 per cent. Some sites offer 30% of Net Gaming Revenue.

Satoshidice? Yes. I am testing it since i already got a request there.
Do you know how exactly it works? I mean when they will pay? Can I reset my ref income etc?

Where offers 30%?

SD was paying (and charging) after each bet, but they changed it so now they pay only at the end of each month I think.

The way it works is you get 10% of the action of all the players you refer. If they lose, you get 10% of their losses but if they win you lose 10% of their profits.

I tested it out by referring myself and winning a bet, and my main account's balance went negative by 10% of the amount the new account won.

They say they're not going to come after you for negative balances, but that they're not going to allow people to abuse the system.

I pointed out that I could make a new affiliate account for each person I refer, and just throw away all the ones that refer winning players and keep the ones with losing players. That's probably considered "abuse", but I don't know how they would be able to tell if I registered each one from a different IP address and such like. Note also that by referring yourself you can make a +EV bet: if you win, you pay 1.9% house edge and if you lose you get 10% back in your affil account. That's a +3.1% EV if you bet at 2x, and higher if you bet at higher multipliers, up to around +8.1% for the highest multipliers.

[monnecon]

How it works:
1) PM me the site you want to play at.
2) I will give you my referral link.
3) You play.
4) You win, you take home the profits, you lose, you get a per cent of your net loss back.

Only available for trusted sites with affiliate programs. In certain situations, in sites that are not transparent, I will ask for proof of loss.

Conditions vary with site and will discuss on PM.

If this thread is inappropriate in any sense, please do inform me and I will lock or delete this thread.

ty

Seems legit lol, pm me for your primedice ref link please.

[Watoshi-Dimobuto]

Yeah, I didn't mean 1 per cent. Some sites offer 30% of Net Gaming Revenue.

Satoshidice? Yes. I am testing it since i already got a request there.
Do you know how exactly it works? I mean when they will pay? Can I reset my ref income etc?

Where offers 30%?

SD was paying (and charging) after each bet, but they changed it so now they pay only at the end of each month I think.

The way it works is you get 10% of the action of all the players you refer. If they lose, you get 10% of their losses but if they win you lose 10% of their profits.

I tested it out by referring myself and winning a bet, and my main account's balance went negative by 10% of the amount the new account won.

They say they're not going to come after you for negative balances, but that they're not going to allow people to abuse the system.

I pointed out that I could make a new affiliate account for each person I refer, and just throw away all the ones that refer winning players and keep the ones with losing players. That's probably considered "abuse", but I don't know how they would be able to tell if I registered each one from a different IP address and such like. Note also that by referring yourself you can make a +EV bet: if you win, you pay 1.9% house edge and if you lose you get 10% back in your affil account. That's a +3.1% EV if you bet at 2x, and higher if you bet at higher multipliers, up to around +8.1% for the highest multipliers.

Almost all casinos offer 20 to 50% of Net Gaming Revenue. eg. Bitstars.net, SatoshiBet
FortuneJack is an exception.

Is it still possible to create multiple ref link from one account?

I tested it too. My balance shows 0.001BTC after i lost 0.01BTC. I expected it to be weekly. Monthly is a bit too long.
So, it is better to withdraw everything in the in game balance before the payout if it is negative?

[panju1]

Edit2: do you offer the service on satoshidice too? Their referral program is very strange in that if you refer a winner they charge you 10% of their losses.

I haven't seen a stranger referral policy.
The guys drafting it must be nuts. 

[Watoshi-Dimobuto]

How it works:
1) PM me the site you want to play at.
2) I will give you my referral link.
3) You play.
4) You win, you take home the profits, you lose, you get a per cent of your net loss back.

Only available for trusted sites with affiliate programs. In certain situations, in sites that are not transparent, I will ask for proof of loss.

Conditions vary with site and will discuss on PM.

If this thread is inappropriate in any sense, please do inform me and I will lock or delete this thread.

ty

Seems legit lol, pm me for your primedice ref link please.

PM'd

[dooglus]

Almost all casinos offer 20 to 50% of Net Gaming Revenue. eg. Bitstars.net, SatoshiBet
FortuneJack is an exception.

Is it still possible to create multiple ref link from one account?

Only one link per account - but you can have lots of accounts.

If I click the bitstars link in your sig, what percentage of my losses will you pay me?

Edit: I checked out their "100% first deposit bonus": they'll double your first deposit up to 0.3 BTC but you have to play it through 35 times, and wagers only count 5% of their value unless you play slots, so that's 700 times, and the max bet is 0.1 BTC, so I'll have to make at least 2100 bets to claim my "free" 0.3 BTC - and I only have 30 days to do it, or they'll subtract the bonus amount from my account, and any losses I made so far come out of my initial deposit...

What a warm welcome!

So how's their affiliate scheme? If I make a single large bet on blackjack and lose, how much will you give me back?

Edit: "We know a good rate of commission is important. That's why we offer you the chance to earn up to 40% each month whether you are promoting Euro or Bitcoin gaming."

40% of what, exactly? What does "Net Gaming Revenue" mean?

[Watoshi-Dimobuto]

Almost all casinos offer 20 to 50% of Net Gaming Revenue. eg. Bitstars.net, SatoshiBet
FortuneJack is an exception.

Is it still possible to create multiple ref link from one account?

1. Only one link per account - but you can have lots of accounts.

2. If I click the bitstars link in your sig, what percentage of my losses will you pay me?

3. Edit: I checked out their "100% first deposit bonus": they'll double your first deposit up to 0.3 BTC but you have to play it through 35 times, and wagers only count 5% of their value unless you play slots, so that's 700 times, and the max bet is 0.1 BTC, so I'll have to make at least 2100 bets to claim my "free" 0.3 BTC - and I only have 30 days to do it, or they'll subtract the bonus amount from my account, and any losses I made so far come out of my initial deposit...

What a warm welcome!

So how's their affiliate scheme? If I make a single large bet on blackjack and lose, how much will you give me back?

1. That is a weird policy.

2. Please don't click on my signature. I will PM you a separate link. I am not sure how that link ended up in my signature. And whether it is my ref link.

3. Don't do the bonus unless you can do it. I never did that.
Go to profile and and uncheck this if you don't want to receive it:

Bonus Settings
I don't want to receive any Bonuses

PM'd

I will use a different link for each person.

My existing ref link:
Date   Visits   Registered Users(With deposits)   Deposits   NGR (net gaming revenue)
BTC   
2014-08-01   2   2(1)   1   -0.10000000   
2014-09-01   0   0(0)   13   -0.07000000   
2014-10-01   0   0(0)   0   0.01010000   0

So, if you play with that ref link, we get nothing.

idk.
I am at a profit from playing there, anyway.

[semidead]

this is a nice idea but what if u lost say 0.001 BTC
commission would be less that 0.00001
how will i get a % of that, that amount is too small to be withdrawn