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Author Topic: BetKing.io - 20% Rakeback Christmas Bonus - Most trusted Bitcoin Dice site  (Read 158190 times)
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PocketRocketsCasino
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January 01, 2015, 07:06:01 PM
 #21

New year promo


From 1st of Janruary until 17th of Janruary at 12 am GMT we will be running new year, new site promotion.
Prizes will be rewarded for the following:

Player with most wagered: Choice between XBox one and Playstation 4
Player with unluckiest losing streak: Samsung Galaxy Tab 4
Player with most bets: Choice of any console/PC game


Leaderboards will be added asap so you can check the current rankings.
* prizes may not be the exact model/package in the pictures.

Good luck!

I don't really like the idea of the player with the most bets gets a choice of any console. Can't someone just have a bot 24/7 betting?

I see what you did there Wink
It's console game or PC game.

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January 01, 2015, 07:09:17 PM
 #22

New year promo


From 1st of Janruary until 17th of Janruary at 12 am GMT we will be running new year, new site promotion.
Prizes will be rewarded for the following:

Player with most wagered: Choice between XBox one and Playstation 4
Player with unluckiest losing streak: Samsung Galaxy Tab 4
Player with most bets: Choice of any console/PC game


Leaderboards will be added asap so you can check the current rankings.
* prizes may not be the exact model/package in the pictures.

Good luck!

I don't really like the idea of the player with the most bets gets a choice of any console. Can't someone just have a bot 24/7 betting?

I see what you did there Wink
It's console game or PC game.

Ahh my bad lol, I thought it was a console + game for some reason. Anyway, nice to see you doing a promo and goodluck Smiley

PocketRocketsCasino
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January 01, 2015, 07:10:55 PM
 #23

New year promo


From 1st of Janruary until 17th of Janruary at 12 am GMT we will be running new year, new site promotion.
Prizes will be rewarded for the following:

Player with most wagered: Choice between XBox one and Playstation 4
Player with unluckiest losing streak: Samsung Galaxy Tab 4
Player with most bets: Choice of any console/PC game


Leaderboards will be added asap so you can check the current rankings.
* prizes may not be the exact model/package in the pictures.

Good luck!

I don't really like the idea of the player with the most bets gets a choice of any console. Can't someone just have a bot 24/7 betting?

I see what you did there Wink
It's console game or PC game.

Ahh my bad lol, I thought it was a console + game for some reason. Anyway, nice to see you doing a promo and goodluck Smiley

Edited the OP.

Thanks Smiley

Melds
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January 01, 2015, 08:26:02 PM
 #24

19 losses in a row at 49%... doing good so far :-)

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January 01, 2015, 10:06:20 PM
 #25

...
Player with unluckiest losing streak: Samsung Galaxy Tab 4
...

Just to make it clear, is it dependent in any way on % chance/payout rate/amount wagered, or is it irrelevant?


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January 01, 2015, 10:07:35 PM
 #26

are there any btc prizes?
PocketRocketsCasino
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January 01, 2015, 10:13:26 PM
 #27

...
Player with unluckiest losing streak: Samsung Galaxy Tab 4
...

Just to make it clear, is it dependent in any way on % chance/payout rate/amount wagered, or is it irrelevant?



Yeah it's based on chance, the probability of losing x bets at y chance. Whatever the least likely run is (unluckiest) wins.

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January 01, 2015, 10:29:46 PM
 #28

...
Player with unluckiest losing streak: Samsung Galaxy Tab 4
...

Just to make it clear, is it dependent in any way on % chance/payout rate/amount wagered, or is it irrelevant?



Yeah it's based on chance, the probability of losing x bets at y chance. Whatever the least likely run is (unluckiest) wins.

OK. But the amount wagered doesn't matter?

And I assume the mixed streaks (losing bets with different chances) won't count?

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January 01, 2015, 10:31:46 PM
 #29

...
Player with unluckiest losing streak: Samsung Galaxy Tab 4
...

Just to make it clear, is it dependent in any way on % chance/payout rate/amount wagered, or is it irrelevant?



Yeah it's based on chance, the probability of losing x bets at y chance. Whatever the least likely run is (unluckiest) wins.

OK. But the amount wagered doesn't matter?

And I assume the mixed streaks (losing bets with different chances) won't count?


Stakes don't matter and all losses have to be in a row at the same chance yeah.


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January 01, 2015, 11:29:50 PM
 #30

...
Player with unluckiest losing streak: Samsung Galaxy Tab 4
...

Just to make it clear, is it dependent in any way on % chance/payout rate/amount wagered, or is it irrelevant?



Yeah it's based on chance, the probability of losing x bets at y chance. Whatever the least likely run is (unluckiest) wins.

OK. But the amount wagered doesn't matter?

And I assume the mixed streaks (losing bets with different chances) won't count?


Stakes don't matter and all losses have to be in a row at the same chance yeah.



can we see the stats who has done the most somewhere?
PocketRocketsCasino
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January 02, 2015, 12:22:19 AM
 #31

...
Player with unluckiest losing streak: Samsung Galaxy Tab 4
...

Just to make it clear, is it dependent in any way on % chance/payout rate/amount wagered, or is it irrelevant?



Yeah it's based on chance, the probability of losing x bets at y chance. Whatever the least likely run is (unluckiest) wins.

OK. But the amount wagered doesn't matter?

And I assume the mixed streaks (losing bets with different chances) won't count?


Stakes don't matter and all losses have to be in a row at the same chance yeah.



can we see the stats who has done the most somewhere?

I'll get a leaderboard up asap. In mean time you can click a user name in chat or on all bets tab to see their stats.

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January 02, 2015, 01:21:13 AM
 #32

First epic win on the new site:



On behalf of all the investors: FUCK YOU WOW!

just kiddin, congrats

even at bitdice WoW made a bet of 100btc and unfortunately its a win Sad
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January 02, 2015, 01:41:55 AM
 #33

Will try this one. Thx.

PocketRocketsCasino
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January 02, 2015, 12:25:45 PM
 #34

New year promo


From 1st of Janruary until 17th of Janruary at 12 am GMT we will be running new year, new site promotion.
Prizes will be rewarded for the following:

Player with most wagered: Choice between XBox one and Playstation 4
Player with unluckiest losing streak: Samsung Galaxy Tab 4
Player with most bets: Choice of latest console game or PC game


Leaderboards will be added asap so you can check the current rankings.
* prizes may not be the exact model/package in the pictures.
* terms apply

Good luck!

Bump so you can see the prizes for the new year promo.
You will be able to claim Bitcoin instead of the prize if needed.

Also seuntjie's rain bot is working. Giving out rain to chatters every 10 minutes.

PocketRocketsCasino
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January 02, 2015, 12:47:00 PM
 #35

when i try to withdraw it shows error withdrawing any ideas?

Hi,
Another person had same issue last night. I think the spam prevention is kicking in when it shouldn't and blocking some requests. I'll look into this.
If you wait a bit, refresh the page and try again it should work.
If you keep having issues email me at admin@pocketrocketscasino.com and I'll help withdraw manually for you.

Dean

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January 02, 2015, 12:56:19 PM
 #36

i wish that you could add faster rolls

and remove the delay!


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PocketRocketsCasino
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January 02, 2015, 12:57:35 PM
 #37

i wish that you could add faster rolls

and remove the delay!

The rolls are fast, > 10x faster than the old site.
There is still a throttle for dust bets which is standard on any major dice site. Can't have 1 satoshi bot bets slowing it down for normal bettors.

PocketRocketsCasino
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January 02, 2015, 03:42:51 PM
 #38

Here's an explanation of how the leveraged kelly system works on the new site, quoted from another post:

The leveraged kelly option is really to reduce counter party risk for investors.
Example, say you want to invest 10 Bitcoin at the normal risk of 1/2 kelly but don't want to have the risk of a site operator holding on to all your Bitcoin. You could instead deposit 0.5 Bitcoin and invest at 10x kelly.

This puts more of your investment at risk each bet and you may need to redeposit and top up your investment account frequently due to the variance of the game. So really you should have the coins in your own cold wallet to back up the desired investment total. Obviously some people may just want to gamble and risk their full 10 Bitcoin at 10x to try and maximise profit. This is not recommended though.

The maximum payout of the site is calculated by taking the sum of all the investments * risk * 0.01.

So imagine we had user A with 10 Bitcoins invested at 1/2 kelly, B with 10 at 5x and C with 10 at 10x.
The max payout would be:

(10*0.5*0.01) + (10*5*0.01) + (10*10*0.01) = 1.55 Bitcoin

The higher your risk the more you stand to win or lose each bet.

So each bet your investment will be updated like so:
i = i + ((-p * i * r * 0.01) / m)

Where:
p = the players profit for that bet
i = the amount you have invested
r = your risk
m = the current max payout

In the above example lets say a player bets 1 Bitcoin and wins.

The current investments would then be:

iA = 10 + ((-1 * 10 * 0.5 * 0.01 )/1.55) = 9.96774193
iB = 10 + ((-1 * 10 * 5 * 0.01 )/1.55) = 9.67741935
iC = 10 + ((-1 * 10 * 10 * 0.01 )/1.55) = 9.35483870

Max payout on the next bet would then be:

(9.9677*0.5*0.01) + (9.6774*5*0.01) + (9.3548*10*0.01) = 1.46919354

Again, you should only really be using this to reduce counter party risk and actually have the funds in your own cold wallet to replenish your investment as often as needed.

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January 02, 2015, 07:26:36 PM
 #39

Added an updated FAQ page.
Please check that page before asking support questions via email or in the support chat room.





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January 02, 2015, 11:46:02 PM
 #40

Need leader board. 19 streak still the best  Wink

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