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Author Topic: SafeDICE.com ★ Bitcoin Dice ★ Monero ★ 0.5% Edge ★ Fast Cashout ★ Since 2014  (Read 275494 times)
rezilient
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March 27, 2016, 05:00:19 PM
 #2001

My percentage of the bankroll doesn't match up with the total bank roll. 0.5 BTC gets me 0.03% of the bankroll, so 50 BTC should be 3%. Yet you guys say the bankroll is only 142 BTC? How is that possible? If 50 BTC is 3%, your bankroll should be 1650 BTC at least

each Investors uses different kelly in the site..

Didn't you notice the x.5, x1, x2, x5, and x10 in the investment feature bahahahah!!

You don't pay enough.
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wormat22
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March 27, 2016, 09:19:05 PM
 #2002

I did....but there's no explanation as to how that affects your % of bankroll.
pawel7777
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March 27, 2016, 09:52:34 PM
 #2003

I did....but there's no explanation as to how that affects your % of bankroll.

Simple explanation (can be a bit inaccurate):

If you set kelly at 0.5x then % of your investment will be 2X lower compared to 1x option, if set at 2x then it'll be twice as high as with 1x.

And assuming current bankroll shown represents actual amount invested, then % of your investment will also depend on what kelly options the other investors have set. Generally people tend to opt for more aggressive settings (5x or 10x), so if you're at 1x, your investment would get diluted and be less than calculated as "your investment/bankroll".

But note that aggressive investors could be severely punished when someone wins few big bets. So staying at 1x or 2x is way safer option.

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PapoXxX
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March 27, 2016, 09:54:04 PM
 #2004

i like the interface! but the auto rolls are slow for me Sad
Naoko
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March 28, 2016, 02:32:46 AM
 #2005

i like the interface! but the auto rolls are slow for me Sad

auto roll speed depends on the amount of your bets, you need atleast .001btc bets (IIRC) if you want faster auto rolls. less than that will be definitely slower
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March 28, 2016, 06:47:21 AM
Last edit: March 28, 2016, 08:19:16 AM by seuntjie
 #2006

I did....but there's no explanation as to how that affects your % of bankroll.

A slightly more technical detail on how this works, if you're interested.

The site has an actual and a virtual bankroll, and you have an actual and a virtual investment.

The sites actual bankroll is around 140Btc, but your 0.5Btc investment is around 0.03% of the bankroll. Assuming you're using 1% kelly, this makes the virtual bankroll of the site 1650 (this shows your numbers are very much rounded btw). Calculated with some more accurate numbers, the virtual bankroll is around 1383.59Btc This means that the average kelly of the investors is around 9.8%.

So, when you invest 1 Btc at 1% kelly, you raise the actual bankroill and virtual bankroll with 1Btc (Actual investment: 1Btc, Virtual Investment: 1Btc). This would make your percentage of the investment around 0.072% (1/1384.59*100). This means that for every bet won by a player, you pay 0.072% of his winnings, and for every bet lost by a player, you receive 0.072% of his loss (0.00072 to the Btc).

But now you raise your kelly to 5%. This means that your investment in the actual bankroll is only 1Btc, but in the virtual bankroll it's 5Btc (Actual investment: 1Btc, Virtual Investment: 5Btc). This raises your % to 0.36% (5/1388.59*100), This means that for every bet won by a player, you pay 0.36% of his winnings, and for every bet lost by a player, you receive 0.36% of his loss (0.0036 to the Btc).

As you can plainly see, Increasing your kelly % increases your "winnings" from investments, but it also increases the amount you pay when someone wins, in otherwords, increases your chance of being ruined by a high roller.


Edit: Also
Any chance you can add an affiliates call to the api that returns the number of affiliates, amount wagered and amount earned for the logged in user?

wormat22
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March 28, 2016, 01:50:38 PM
 #2007

I did....but there's no explanation as to how that affects your % of bankroll.

A slightly more technical detail on how this works, if you're interested.

The site has an actual and a virtual bankroll, and you have an actual and a virtual investment.

The sites actual bankroll is around 140Btc, but your 0.5Btc investment is around 0.03% of the bankroll. Assuming you're using 1% kelly, this makes the virtual bankroll of the site 1650 (this shows your numbers are very much rounded btw). Calculated with some more accurate numbers, the virtual bankroll is around 1383.59Btc This means that the average kelly of the investors is around 9.8%.

So, when you invest 1 Btc at 1% kelly, you raise the actual bankroill and virtual bankroll with 1Btc (Actual investment: 1Btc, Virtual Investment: 1Btc). This would make your percentage of the investment around 0.072% (1/1384.59*100). This means that for every bet won by a player, you pay 0.072% of his winnings, and for every bet lost by a player, you receive 0.072% of his loss (0.00072 to the Btc).

But now you raise your kelly to 5%. This means that your investment in the actual bankroll is only 1Btc, but in the virtual bankroll it's 5Btc (Actual investment: 1Btc, Virtual Investment: 5Btc). This raises your % to 0.36% (5/1388.59*100), This means that for every bet won by a player, you pay 0.36% of his winnings, and for every bet lost by a player, you receive 0.36% of his loss (0.0036 to the Btc).

As you can plainly see, Increasing your kelly % increases your "winnings" from investments, but it also increases the amount you pay when someone wins, in otherwords, increases your chance of being ruined by a high roller.


Edit: Also
Any chance you can add an affiliates call to the api that returns the number of affiliates, amount wagered and amount earned for the logged in user?

Great explanation. Thank you!
wormat22
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March 29, 2016, 09:18:44 PM
 #2008

Down what, 20 BTC? today thanks to lemur....how often does that happen?
gizzig
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March 30, 2016, 01:57:54 AM
 #2009

Hi, I can not access my account
Say: " I can not access my account"

As I can get my password?

In the mail safedice@protonmail.ch  nobody answers

like4bitcoin
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March 31, 2016, 02:46:33 AM
 #2010


I played a couple of times on SafeDICE and I really enjoyed !!!!!!!!!!!!
+ Instant conclusion Bitcoin
+ 0.5% of all profits SafeDICE
+ Possibility of investing llc is something new for me
-------------------------------------------------- ---------------------------------
- And only one drawback in my opinion the lack of faucet

Я пapy paз игpaл нa SafeDICE и мнe oчeнь пoнpaвилocь!!!!!!!!!!!!
+ мгнoвeнный вывoд Биткoйн
+ вceгo 0.5% пpибыль SafeDICE
+ вoзмoжнocть инвecтиpoвaния ooo чтo-тo нoвeнькoe для мeня
-----------------------------------------------------------------------------------
- и вceгo oдин минyc нa мoй взгляд oтcyтcтвиe кpaнoв
kevincl01
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April 01, 2016, 12:40:05 AM
 #2011

lemur1230 up to 19+ BTC right now Smiley Congratz!
wormat22
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April 01, 2016, 03:29:24 PM
 #2012

That's actually down from where he was before.
wormat22
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April 02, 2016, 07:47:29 PM
 #2013

Damn +10 BTC on the day -- great day for investors!
wormat22
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April 03, 2016, 03:24:41 PM
 #2014

How does something like this happen? How is this even possible to have a streak like htis?

https://dl.dropboxusercontent.com/spa/bna7177fahfae57/bwmc_nyi.png
pawel7777
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April 03, 2016, 03:44:46 PM
 #2015

How does something like this happen? How is this even possible to have a streak like htis?

https://dl.dropboxusercontent.com/spa/bna7177fahfae57/bwmc_nyi.png

If you've copied this from the 'high bets' tab, then it's likely not a streak. Losing bets are simply not shown, as they're below 0.1 BTC (only bets when you wager or win 0.1 or above would be shown there).

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wormat22
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April 03, 2016, 04:48:55 PM
 #2016

How does something like this happen? How is this even possible to have a streak like htis?

https://dl.dropboxusercontent.com/spa/bna7177fahfae57/bwmc_nyi.png

If you've copied this from the 'high bets' tab, then it's likely not a streak. Losing bets are simply not shown, as they're below 0.1 BTC (only bets when you wager or win 0.1 or above would be shown there).

It's actually from the chat box which does show losing bets.
pawel7777
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April 03, 2016, 04:57:43 PM
 #2017

How does something like this happen? How is this even possible to have a streak like htis?

https://dl.dropboxusercontent.com/spa/bna7177fahfae57/bwmc_nyi.png

If you've copied this from the 'high bets' tab, then it's likely not a streak. Losing bets are simply not shown, as they're below 0.1 BTC (only bets when you wager or win 0.1 or above would be shown there).

It's actually from the chat box which does show losing bets.

? Chat box also only shows high bets. So losing bets of less than 0.1 (his base was 0.05) were ommited while wins (of 0.2) were displayed, creating confusing image of incredible streak.

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wormat22
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April 03, 2016, 05:01:21 PM
 #2018

How does something like this happen? How is this even possible to have a streak like htis?

https://dl.dropboxusercontent.com/spa/bna7177fahfae57/bwmc_nyi.png

If you've copied this from the 'high bets' tab, then it's likely not a streak. Losing bets are simply not shown, as they're below 0.1 BTC (only bets when you wager or win 0.1 or above would be shown there).

It's actually from the chat box which does show losing bets.

? Chat box also only shows high bets. So losing bets of less than 0.1 (his base was 0.05) were ommited while wins (of 0.2) were displayed, creating confusing image of incredible streak.

That would make more sense. Sorry, SD doesn't really explain what they show in chat.
wormat22
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April 04, 2016, 01:51:29 PM
 #2019

SD down for anyone else?
Msile
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April 04, 2016, 02:05:05 PM
 #2020

SD down for anyone else?
Yup it's down for me, I wonder why.
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