shulio
Legendary
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Activity: 1540
Merit: 1016
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March 15, 2015, 02:17:21 PM |
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as expected, if investors stuck with the boat, Money lost a good chunk of winning
I will be stucking on my investment there forever i guess, or atleast until i made a decent profit from my investment, basically it is just a free money which i won from SD, put it in the investment again, so i've got nothing to lose theorethically
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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monbux
Legendary
Offline
Activity: 1736
Merit: 1029
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March 15, 2015, 02:20:52 PM |
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do safedice throttle delay speed for small bet?
its seems like took an ages to hit 10000 rolls on my bet strategy..
yes small bets or all bets under 0.0010001 btc are slightly delayed, but if you are wagering over 0.0010001 on autobet, it is very very very very very fast. ps check out or new winner today! - ouchies to be an investor today - BUT low house edge is definitely legit!! this is an image from an investor's profit from today~ (investing at a unlucky time for investors, but stick with the boat, and i'm sure you'll get that back into the positives) he's down now to +2.4BTC :/ Haha, should have stopped when he got the chance too... but of course, you don't stop gambling when you are in profit, you stop when you lose it all
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1gallon
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March 15, 2015, 10:20:08 PM |
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woah good job mathwhiz today!!
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ifyousmell
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March 16, 2015, 04:12:35 AM |
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woah good job mathwhiz today!! Yeah, he's got lots of crazy streaks in a row!
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GoodMerchant
Newbie
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Activity: 52
Merit: 0
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March 16, 2015, 05:14:34 AM |
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i saw MathWhiz a while ago down with -4BTC profit.. its a good news for the investors xD
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LuckyBtc
Legendary
Offline
Activity: 1288
Merit: 1011
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March 16, 2015, 12:49:42 PM Last edit: March 16, 2015, 01:28:40 PM by LuckyBtc |
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woah good job mathwhiz today!!
i saw MathWhiz a while ago down with -4BTC profit.. its a good news for the investors xD Indeed, He lost all his winnings. Ofc those who invested will enjoy the loss of this guy lol. I wish him good luck, He might try to win back.
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shulio
Legendary
Offline
Activity: 1540
Merit: 1016
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March 16, 2015, 02:02:41 PM |
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woah good job mathwhiz today!!
i saw MathWhiz a while ago down with -4BTC profit.. its a good news for the investors xD Indeed, He lost all his winnings. Ofc those who invested will enjoy the loss of this guy lol. I wish him good luck, He might try to win back. i if this would be the situation i guess investor should stay alert to either invest or divest, since he is basically roller coaster - ing his profit, down and up, the best way to maximize profit is to invest while he is on profit and hope he burn them back
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SafeDice (OP)
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March 16, 2015, 04:24:37 PM |
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woah good job mathwhiz today!!
i saw MathWhiz a while ago down with -4BTC profit.. its a good news for the investors xD Indeed, He lost all his winnings. Ofc those who invested will enjoy the loss of this guy lol. I wish him good luck, He might try to win back. i if this would be the situation i guess investor should stay alert to either invest or divest, since he is basically roller coaster - ing his profit, down and up, the best way to maximize profit is to invest while he is on profit and hope he burn them back So I just read few latest posts from this looong topic : https://bitcointalk.org/index.php?topic=610339.920This, exactly. Because each roll is an independent event you never know if you're in the middle of a 100 loss streak. However, some part of me thinks it also has to be true that rolling consecutive losses into infinity is also highly improbably and that longer and longer streaks of losses have to be more and more improbable. So I always have a hard time rectifiying these two facts: the independence of each roll and the increasing unlikelyhood of increasingly large streaks.
Well, look at it this way: Streaks of length 20 are twice as common as streaks of length 21, which are twice as common as streaks of length 22, etc. And streaks of length 20 are exactly as common as streaks of length 21 or more (assuming a 50/50 game). To see that last point, suppose streaks of length exactly 20 occur with probability p. Streaks of length 21 will occur with half that probability (p/2), Length 22 with probability p/4, and so on. So the probability of a streak of length 21 or more is p/2 + p/4 + p/8 + ... = p(1/2 + 1/4 + 1/8 + ...) = p. By pre-rolling until you hit 20 losses in a row, you've probably had to make a million or so rolls. And now you're wondering whether the streak will end at 20, or go on to be more than 20. Well as we've just seen, the probability of those two things is the same. probability p it will end at 20, and probability p*(1/2+1/4+1/8+...) = p that it goes to length 21 or more. Same rule applies to your explanation. All bets are an independent events, no matter who place the bets and when he place the bets. All that matter to investor is how many bets and how much wager the site got. Wager will define the expected profit, and number of bets indirectly define the variance.
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1gallon
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March 17, 2015, 10:40:14 PM |
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so far: WAGERED: 3366.4124 and Site profit: 21.1290 21.1290/3366.4124 = 0.0006276 0.0006276*100 = 0.627% [update 1]i hate unlucky streak my profit is at -2 btc now (was at +1) and site profit is at: PROFIT: 25.0282 WAGERED: 3476.1039 25.0285/3476.1039 = 0.00720015877 0.00720015877*100% = 0.72% 'winning ratio for house' <- gamblers should come and try because house edge is set at 0.5%, and 0.72%>0.5%, therefore, you might get lucky and bring it down to 0.5% or 0.3%congratz to the investors [update 2]
I got on a good streak, and my profit is no longer at -2, it's at -.4 PROFIT: 24.2519 WAGERED: 3535.7792 Same formula = 0.68589973% <- come one, come all gamblers and win with me <3 <- some decent wagered amounts today
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1gallon
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March 17, 2015, 11:13:52 PM |
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I lost 2 btc earlier this morning, and then with .2 more deposit, i recovered my 2 btc loss, and another 0.2 bonus PROFIT: 23.4959 WAGERED: 3543.5364
ratio for house edge so far is: 0.663063599% right now if anyone is wondering why it's not at exactly 0.5% it's because for bets that you are trying to win more than 0.5 btc, your house edge may increase to an level >0.5% and we had quite a few of those gamblers trying to win 1 btc or more in a single bet (thus raising their own house edge, and the overall ratio here* not exactly)
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pawel7777
Legendary
Offline
Activity: 2436
Merit: 1561
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March 18, 2015, 07:32:33 AM |
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I lost 2 btc earlier this morning, and then with .2 more deposit, i recovered my 2 btc loss, and another 0.2 bonus ... PROFIT: 23.4959 WAGERED: 3543.5364
ratio for house edge so far is: 0.663063599% right now if anyone is wondering why it's not at exactly 0.5% it's because for bets that you are trying to win more than 0.5 btc, your house edge may increase to an level >0.5% and we had quite a few of those gamblers trying to win 1 btc or more in a single bet (thus raising their own house edge, and the overall ratio here* not exactly) Congrats on your recovery 1gal! As for the ratios, profit should theoretically average at ~0.5% in the long term, but it can easily stay lower/higher for months or even years. In other words, if it's higher than expected that doesn't mean it will go down anytime soon.
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Equinoxx
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March 18, 2015, 08:53:46 PM |
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Any update on todays profit list? Here is my chart: Turned 0.15 into 1btc.
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-.sgmf
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pawel7777
Legendary
Offline
Activity: 2436
Merit: 1561
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March 18, 2015, 09:14:02 PM |
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Any update on todays profit list? Here is my chart: Turned 0.15 into 1btc. "Turned 0.15 into 1btc" ? Profit on the chart shows above 2.5, and checked on site just now and it's nearly 3 (2.94170368). Very well done. If I were you, I'd probably withdraw at least 0.2, so whatever happens next (big losing streak), you'd have the mental comfort of being in profit anyway. But that's just me.
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Equinoxx
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March 18, 2015, 09:17:44 PM |
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Any update on todays profit list?
Here is my chart:
Turned 0.15 into 1btc.
[img]https://i.imgur.com/xnKBI6P.png[/im]
"Turned 0.15 into 1btc" ? Profit on the chart shows above 2.5, and checked on site just now and it's nearly 3 (2.94170368). Very well done. If I were you, I'd probably withdraw at least 0.2, so whatever happens next (big losing streak), you'd have the mental comfort of being in profit anyway. But that's just me. Way ahead of you. Already withdrew it
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-.sgmf
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Dennis7777
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March 19, 2015, 09:02:00 AM |
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Are there any way to recover my account ? I forgot my passowrd Try to send an email to safedice@safe-mail.net, and include as much information as you can remember on the account.
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1gallon
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March 20, 2015, 02:36:30 PM |
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small winners today, but good job NOXX
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Equinoxx
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March 20, 2015, 02:43:33 PM |
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small winners today, but good job NOXX Thanks man. Going to go back on today got some small change while I'm away.
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-.sgmf
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birdcat90
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March 21, 2015, 12:48:09 AM |
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safedice roll why so slow?
everytime im rolling always delay and its look like i got 30-35 roll in 1 minute average..
please, do something so i can roll faster
thanks
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shulio
Legendary
Offline
Activity: 1540
Merit: 1016
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March 21, 2015, 03:36:10 AM |
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safedice roll why so slow?
everytime im rolling always delay and its look like i got 30-35 roll in 1 minute average..
please, do something so i can roll faster
thanks
speed of the roll will depends on the amount of your bet, if you bet a small amount, the speed of the roll is gradually lower if you bet at the higher amount for example 0.0010001, this has been confirmed by 1gal do safedice throttle delay speed for small bet?
its seems like took an ages to hit 10000 rolls on my bet strategy..
yes small bets or all bets under 0.0010001 btc are slightly delayed, but if you are wagering over 0.0010001 on autobet, it is very very very very very fast.
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waterpile
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March 22, 2015, 06:47:47 AM |
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here we are again back to site profit 25btc, it almost reach to 35 :/
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