JackpotRacer
Legendary
Offline
Activity: 1946
Merit: 1014
All Games incl Racer and Lottery game are Closed
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May 24, 2016, 10:52:05 AM |
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We again have the largest crowdfunded bankroll of 4773 Bitcoin proving that BetKing.io is the most trusted Bitcoin casino.
This brings the max profit per bet up to a massive 447 Bitcoin!
Thanks to everyone who continues to support BetKing.
congrats to that BR do I understand it right that the max profit is capped at 10% of BR? If every investor invested at 10x Kelly (the highest possible), the max profit would be 10% of BR. If every investor invested at 1x Kelly, the max profit would be 1% of BR. Right now, most of the investment is at 10x Kelly and so the max profit is close to 10% of BR. BigMac thx for explaining and just for info I am well aware how KC works how do you know that all investors invested with 10x Kelly? lets wait an see what betking will tell us It's quite easy to see that most investors are using 10x since the max bet is almost 10% of the total bankroll thank you for confirming. sure everyone can do the maths and get to the average of 10x but I am sure that you have many investors who are more or less risk averse. are those numbers official and could be seen? or are you as owner the only one who can see it? I personally don't believe that 100% of investors are all 10x kelly invested sorry for my english and hope you understand my point
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BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
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May 24, 2016, 10:54:43 AM |
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We again have the largest crowdfunded bankroll of 4773 Bitcoin proving that BetKing.io is the most trusted Bitcoin casino.
This brings the max profit per bet up to a massive 447 Bitcoin!
Thanks to everyone who continues to support BetKing.
congrats to that BR do I understand it right that the max profit is capped at 10% of BR? If every investor invested at 10x Kelly (the highest possible), the max profit would be 10% of BR. If every investor invested at 1x Kelly, the max profit would be 1% of BR. Right now, most of the investment is at 10x Kelly and so the max profit is close to 10% of BR. BigMac thx for explaining and just for info I am well aware how KC works how do you know that all investors invested with 10x Kelly? lets wait an see what betking will tell us It's quite easy to see that most investors are using 10x since the max bet is almost 10% of the total bankroll thank you for confirming. sure everyone can do the maths and get to the average of 10x but I am sure that you have many investors who are more or less risk averse. are those numbers official and could be seen? or are you as owner the only one who can see it? I personally don't believe that 100% of investors are all 10x kelly invested sorry for my english and hope you understand my point You can believe what you want but the fact is most investors are on 10x. It's easy to see by the numbers or by investing yourself.
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NLNico
Legendary
Offline
Activity: 1876
Merit: 1289
DiceSites.com owner
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May 24, 2016, 10:59:18 AM |
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If I am on 10x, I would lose 10% on a max profit bet.
So if you divide max profit with BR you can get the average kelly, like this: 447/4773*100% = 9.37%. So the average is 9.37x kelly. Since the options are 0.25, 0.5, 1, 2, 5 and 10x... you can say with full confidence that most investors (or at least most of the btc) are on 10x, yes.
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JackpotRacer
Legendary
Offline
Activity: 1946
Merit: 1014
All Games incl Racer and Lottery game are Closed
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May 24, 2016, 11:02:30 AM |
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We again have the largest crowdfunded bankroll of 4773 Bitcoin proving that BetKing.io is the most trusted Bitcoin casino.
This brings the max profit per bet up to a massive 447 Bitcoin!
Thanks to everyone who continues to support BetKing.
congrats to that BR do I understand it right that the max profit is capped at 10% of BR? If every investor invested at 10x Kelly (the highest possible), the max profit would be 10% of BR. If every investor invested at 1x Kelly, the max profit would be 1% of BR. Right now, most of the investment is at 10x Kelly and so the max profit is close to 10% of BR. BigMac thx for explaining and just for info I am well aware how KC works how do you know that all investors invested with 10x Kelly? lets wait an see what betking will tell us It's quite easy to see that most investors are using 10x since the max bet is almost 10% of the total bankroll thank you for confirming. sure everyone can do the maths and get to the average of 10x but I am sure that you have many investors who are more or less risk averse. are those numbers official and could be seen? or are you as owner the only one who can see it? I personally don't believe that 100% of investors are all 10x kelly invested sorry for my english and hope you understand my point You can believe what you want but the fact is most investors are on 10x. It's easy to see by the numbers or by investing yourself. and yes I in general believe what I like as you said now "most investors" are on 10% and that tells me that there are some investors with less or more 10x. thx for confirming
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BigMac
Legendary
Offline
Activity: 896
Merit: 1000
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May 24, 2016, 11:11:47 AM |
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but I am sure that you have many investors who are more or less risk averse
One point I want to mention is that, although most of the investors are investing at 10x, it doesn't necessarily mean that those investors are all taking a very high level of risk. Consider this: A bitcoiner has 10 btc. He could invest all his 10 btc at 1x Kelly or he could invest 1 btc at 10x Kelly, and the risk is pretty much the same.
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BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
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May 24, 2016, 11:14:42 AM |
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but I am sure that you have many investors who are more or less risk averse
One point I want to mention is that, although most of the investors are investing at 10x, it doesn't necessarily mean that those investors are all taking a very high level of risk. Consider this: A bitcoiner has 10 btc. He could invest all his 10 btc at 1x Kelly or he could invest 1 btc at 10x Kelly, and the risk is pretty much the same. Exactly. The reason the feature was added was so that investors didn't need to put all their coins on the site. Also some choose to use 10x with all their coins since in general the average bet size is not a risk to their bankroll even at 10x risk
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BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
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May 24, 2016, 11:18:31 AM |
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We again have the largest crowdfunded bankroll of 4773 Bitcoin proving that BetKing.io is the most trusted Bitcoin casino.
This brings the max profit per bet up to a massive 447 Bitcoin!
Thanks to everyone who continues to support BetKing.
congrats to that BR do I understand it right that the max profit is capped at 10% of BR? If every investor invested at 10x Kelly (the highest possible), the max profit would be 10% of BR. If every investor invested at 1x Kelly, the max profit would be 1% of BR. Right now, most of the investment is at 10x Kelly and so the max profit is close to 10% of BR. BigMac thx for explaining and just for info I am well aware how KC works how do you know that all investors invested with 10x Kelly? lets wait an see what betking will tell us It's quite easy to see that most investors are using 10x since the max bet is almost 10% of the total bankroll thank you for confirming. sure everyone can do the maths and get to the average of 10x but I am sure that you have many investors who are more or less risk averse. are those numbers official and could be seen? or are you as owner the only one who can see it? I personally don't believe that 100% of investors are all 10x kelly invested sorry for my english and hope you understand my point You can believe what you want but the fact is most investors are on 10x. It's easy to see by the numbers or by investing yourself. and yes I in general believe what I like as you said now "most investors" are on 10% and that tells me that there are some investors with less or more 10x. thx for confirming Believing in what you like doesn't make it fact. When I say most I mean almost all coins are invested at 10x. Yes there are some investors not on 10x but not many coins are invested at less than 10x. total # investors risk 0.00000000 15 0.25 32.43932089 53 0.50 269.99093527 68 1.00 11.70692172 30 2.00 30.13838120 35 5.00 4538.33086699 130 10.00
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BigMac
Legendary
Offline
Activity: 896
Merit: 1000
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May 24, 2016, 11:31:38 AM |
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total # investors risk 0.00000000 15 0.25 32.43932089 53 0.50 269.99093527 68 1.00 11.70692172 30 2.00 30.13838120 35 5.00 4538.33086699 130 10.00
I am not sure if I understand the table correctly, does first line indicate that 15 investors have invested at 0.25x Kelly for a total 0 btc? How is that possible?
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BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
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May 24, 2016, 11:32:52 AM |
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total # investors risk 0.00000000 15 0.25 32.43932089 53 0.50 269.99093527 68 1.00 11.70692172 30 2.00 30.13838120 35 5.00 4538.33086699 130 10.00
I am not sure if I understand the table correctly, does first line indicate that 15 investors have invested at 0.25x Kelly for a total 0 btc? How is that possible? Yeah I should have done the query where total invested was > 0 Means 15 people have invested at that but have divested now.
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JackpotRacer
Legendary
Offline
Activity: 1946
Merit: 1014
All Games incl Racer and Lottery game are Closed
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May 24, 2016, 11:33:49 AM |
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We again have the largest crowdfunded bankroll of 4773 Bitcoin proving that BetKing.io is the most trusted Bitcoin casino.
This brings the max profit per bet up to a massive 447 Bitcoin!
Thanks to everyone who continues to support BetKing.
congrats to that BR do I understand it right that the max profit is capped at 10% of BR? If every investor invested at 10x Kelly (the highest possible), the max profit would be 10% of BR. If every investor invested at 1x Kelly, the max profit would be 1% of BR. Right now, most of the investment is at 10x Kelly and so the max profit is close to 10% of BR. BigMac thx for explaining and just for info I am well aware how KC works how do you know that all investors invested with 10x Kelly? lets wait an see what betking will tell us It's quite easy to see that most investors are using 10x since the max bet is almost 10% of the total bankroll thank you for confirming. sure everyone can do the maths and get to the average of 10x but I am sure that you have many investors who are more or less risk averse. are those numbers official and could be seen? or are you as owner the only one who can see it? I personally don't believe that 100% of investors are all 10x kelly invested sorry for my english and hope you understand my point You can believe what you want but the fact is most investors are on 10x. It's easy to see by the numbers or by investing yourself. and yes I in general believe what I like as you said now "most investors" are on 10% and that tells me that there are some investors with less or more 10x. thx for confirming Believing in what you like doesn't make it fact. When I say most I mean almost all coins are invested at 10x. Yes there are some investors not on 10x but not many coins are invested at less than 10x. total # investors risk 0.00000000 15 0.25 32.43932089 53 0.50 269.99093527 68 1.00 11.70692172 30 2.00 30.13838120 35 5.00 4538.33086699 130 10.00 thank you very much for posting this interesting list/stats. now everything is understandable and clear congrats again for such a BR and investors
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JasonXG
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May 24, 2016, 05:11:53 PM |
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I love simple contrasting colours like the red and white you are currently using. It makes it easier to see and gives a nice warm feeling, its clean and uncluttered making it peaceful to think and take your time with your bets. The little crown logo is cute too.
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user11
Newbie
Offline
Activity: 58
Merit: 0
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May 27, 2016, 02:05:23 AM |
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There has been a bug. If I log in the first time, I can see my account name, deposit and withdrawal button, but if I keep the page open for a long time, the deposit and withdrawal button along with the account name dissapear.
I try to log in from a different computer, and it shows up again, after a while it dissapears again. And after clearing the cookies and history, trying again, but I still cannot see the deposit and withdrawal button and account name. Please fix it.
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NLNico
Legendary
Offline
Activity: 1876
Merit: 1289
DiceSites.com owner
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May 27, 2016, 02:53:35 AM |
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There has been a bug. If I log in the first time, I can see my account name, deposit and withdrawal button, but if I keep the page open for a long time, the deposit and withdrawal button along with the account name dissapear.
I try to log in from a different computer, and it shows up again, after a while it dissapears again. And after clearing the cookies and history, trying again, but I still cannot see the deposit and withdrawal button and account name. Please fix it.
It seems to be a CSS responsive mistake. If the browser width is between 1085px and 1185px, those button disappear. Obviously should be fixed. But for now you can try resizing your browser if it happens
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user11
Newbie
Offline
Activity: 58
Merit: 0
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May 27, 2016, 07:18:06 AM |
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Thanks, I have tried to resize my browser. It works
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NLNico
Legendary
Offline
Activity: 1876
Merit: 1289
DiceSites.com owner
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May 27, 2016, 07:21:56 AM |
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Did you try resizing your browser?
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BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
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May 27, 2016, 07:23:29 AM |
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It's still not visible, even after clearing history. I need to login from a different computer. There are other players complaining the balance and the account name is not visible too.
There is only one person who complained in chat which I'm sure is you. I'd need more info from you to help fix the problem. What OS, browser, screen size are you on? Are you zoomed in? Try setting zoom to 100% (ctrl + 0 on Windows) Edit: never mind, you have it fixed
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user11
Newbie
Offline
Activity: 58
Merit: 0
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May 27, 2016, 07:24:51 AM |
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Sorry, I have tried to resize the browser. It works Problem fixed. They appear again.
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stolee
Member
Offline
Activity: 84
Merit: 10
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May 28, 2016, 11:15:19 AM |
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Just made like 3.00 BTC (total 9.5) on here in minutes! I withdrew and it came instantly. Thanks
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BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
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May 29, 2016, 04:09:47 PM |
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We have just launched a brand new promotion today: BetKing ChampionshipThe BetKing Championship is a weekly competition where players compete to win a share of a progressive prize pool. The three players with the highest score at the end of the week will receive prizes. The prize pool increases with every bet made on BetKing so the more players that play the bigger the prizes. Players gain points by doing the following: - Betting on dice, blackjack, roulette, sports or slots
- Submitting videos with BetKing related content
- Tweeting Betking related content
- Referring players to BetKing.io
You will gain a higher score by: - Submitting Youtube or Twitch videos with a lot of viewers
- Post tweets that get a lot of retweets on accounts with a lot of followers
- Refer players via social media, forums or websites who wager at BetKing
Check this page for all the details on how to enter and win https://betking.io/play/#championshipGood luck
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Anarchy101
Legendary
Offline
Activity: 1316
Merit: 1004
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May 29, 2016, 04:28:29 PM |
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Nice! I'll read more about it later on today.
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