wormat22
|
|
March 27, 2016, 09:19:05 PM |
|
I did....but there's no explanation as to how that affects your % of bankroll.
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
pawel7777
Legendary
Offline
Activity: 2422
Merit: 1556
|
|
March 27, 2016, 09:52:34 PM |
|
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.
|
|
|
|
PapoXxX
Jr. Member
Offline
Activity: 58
Merit: 10
|
|
March 27, 2016, 09:54:04 PM |
|
i like the interface! but the auto rolls are slow for me
|
|
|
|
Naoko
|
|
March 28, 2016, 02:32:46 AM |
|
i like the interface! but the auto rolls are slow for me 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
|
|
|
|
seuntjie
Legendary
Offline
Activity: 1717
Merit: 1125
|
|
March 28, 2016, 06:47:21 AM Last edit: March 28, 2016, 08:19:16 AM by seuntjie |
|
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
|
|
March 28, 2016, 01:50:38 PM |
|
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
|
|
March 29, 2016, 09:18:44 PM |
|
Down what, 20 BTC? today thanks to lemur....how often does that happen?
|
|
|
|
gizzig
|
|
March 30, 2016, 01:57:54 AM |
|
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
Newbie
Offline
Activity: 2
Merit: 0
|
|
March 31, 2016, 02:46:33 AM |
|
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
Member
Offline
Activity: 75
Merit: 10
|
|
April 01, 2016, 12:40:05 AM |
|
lemur1230 up to 19+ BTC right now Congratz!
|
|
|
|
wormat22
|
|
April 01, 2016, 03:29:24 PM |
|
That's actually down from where he was before.
|
|
|
|
wormat22
|
|
April 02, 2016, 07:47:29 PM |
|
Damn +10 BTC on the day -- great day for investors!
|
|
|
|
|
pawel7777
Legendary
Offline
Activity: 2422
Merit: 1556
|
|
April 03, 2016, 03:44:46 PM |
|
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).
|
|
|
|
wormat22
|
|
April 03, 2016, 04:48:55 PM |
|
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
Legendary
Offline
Activity: 2422
Merit: 1556
|
|
April 03, 2016, 04:57:43 PM |
|
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.
|
|
|
|
wormat22
|
|
April 03, 2016, 05:01:21 PM |
|
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
|
|
April 04, 2016, 01:51:29 PM |
|
SD down for anyone else?
|
|
|
|
Msile
|
|
April 04, 2016, 02:05:05 PM |
|
SD down for anyone else?
Yup it's down for me, I wonder why.
|
|
|
|
wormat22
|
|
April 04, 2016, 05:11:28 PM |
|
SD down for anyone else?
Yup it's down for me, I wonder why. Back up now.
|
|
|
|
|