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[espringe]

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[waterpile]

Im just wondering if PRC is going to last long. The site profit has been terribly so slow, I think that profit 1468 has been like 2months already.

[WEBcreator]

It's hard to say. On one hand Dean seems pretty committed, and has a fair bit going for him. On the other side, the site's been dead enough that if we average his expected earnings (assuming he's not invested himself), the bankroll represents about 43x his yearly earnings. There's a lot of temptation for someone like him to get "hacked".

But if I had to guess, I think he's going to be around for a while.

ahh , he is going to be here for a while and try to rack up what he could get by luring more investor before he decided to get "hacked" anyway

[finnile]

Aww this is perfect.
By the way, Dean has been deleting my post multiple times.

Just wanted to say " Melds , Welcome to the Club "

As for the creation of this unmoderated thread, Moderators shouldn't delete it, as there is enough people against the site for multiple things. And starting scam accusations for everything is not a solution.
Should also note that there is already a PRC thread in the past, which was unmoderated. Better delete the current one to have Dean post on the previous one. 

[electronicfactura]

Aww this is perfect.
By the way, Dean has been deleting my post multiple times.

Just wanted to say " Melds , Welcome to the Club "

As for the creation of this unmoderated thread, Moderators shouldn't delete it, as there is enough people against the site for multiple things. And starting scam accusations for everything is not a solution.
Should also note that there is already a PRC thread in the past, which was unmoderated. Better delete the current one to have Dean post on the previous one. 

This is best way to counter the self moderated thread to talk and say open and freely what you want and how to want about anything.

[PocketRocketsCasino]

The official thread is barely moderated at all.
I just auto delete posts by the small group of people on the forum who are always trying to spread FUD, harass or troll. The people who do not play on the site, do not invest and contribute nothing to the discussion in the thread.
Anyone with real concerns can post and they do.

Members who get auto deleted are
Bay Area Coins
Espringe
Finnile

Any obvious troll accounts, or an alt of these people, also get deleted.

Anyone else can go and ask real questions or post their real experience.

Spread FUD all you want in here. The stats of the site speak for themselves.

[finnile]

The official thread is barely moderated at all.
I just auto delete posts by the small group of people on the forum who are always trying to spread FUD, harass or troll. The people who do not play on the site, do not invest and contribute nothing to the discussion in the thread.
Anyone with real concerns can post and they do.

Members who get auto deleted are
Bay Area Coins
Espringe
Finnile

Any obvious troll accounts, or an alt of these people, also get deleted.

Anyone else can go and ask real questions or post their real experience.

Spread FUD all you want in here. The stats of the site speak for themselves.

Obviously I don't care what the stats of the site are. A People are gullible and too naive and pay for it in the bitcoin world.
The stats are also from only 4-5 big investors, and not many others. ''

As for calling us FUD and trolls, maybe you should look at yourself, why every other guy goes against the site and you, and the same doesn't happen with all the other sites out there.
You delete BAC's affliate earnings - Not a FUD
You don't pay me the bug bounty promised - Not a FUD
Espringe points out the flaw and the false advertised house edge in lottery - Not a troll
Melds spams the faucet(another weakness in the site you overlooked) - maybe a troll(was before atleast), but at the end, its never your fault

[finnile]

After Dean deleted my post on the original post. Thought would just post it here.

New affiliate program
Earn up to 30% revenue from players you refer!

You can earn up to 30% of the monthly revenue of players you refer to Pocket Rockets Casino across all games.

How are you defining 'revenue' here? Is it the amount players wager? The amount the lose? The amount you take as commission from their bets? Something else?

And what does "up to" mean? Sounds like some people will earn less than 30%. How is that decided?

Are there other rules? I seem to remember a dispute in the past where you refused to pay out when someone referred you a bunch of players because you didn't like something he did. It was a while ago now so I forget the details. Are the terms and conditions available somewhere?

You can read more here https://pocketrocketscasino.eu/affiliate.
Revenue is players loss that month.

The dispute you are referring to was BAY who gave me negative trust, unjustifiably, because I stopped his affiliate account after he sold/rented a domain with my brand name in it to a competitor. He was paid. He lost future payments which would have totalled a very insignificant amount under the old structure. That's a very valid reason to stop someone's account.

Are you sure it was after he sold your domain ? As far as I remember the domain was sold, after you cut his affliates pay.
https://bitcointalk.org/index.php?topic=663326.msg9501235#msg9501235

[dooglus]

Wow, Dean used to be extremely careful telling half truths -- carefully implying that BACs reaction was Deans cause for removing the affiliate pay, but this time he put the word "after". That becomes a straight lie now.

Just as BAC got fucked, so will anyone who considers his new affiliate plan. The economics don't even make sense. It's (intentionally) not clear what "revenue" is defined as, but let's take the normal definition: "The net players loss".  Imagine the extreme case, a gambler who loses a bitcoin in a single bet:

Gambler:  -1 BTC
Investors: -0.999 BTC
Dean: +0.001 BTC

And now, Dean is promising the affiliate 0.3 BTC?! Unless the money comes out of investors (Where they'll get fucked by Dean's incompetence, the money just doesn't exist).  

Remember Dean's running higher-edge games now - roulette and lottery - and bankrolling them himself. Maybe he's making enough from those that he thinks he can afford to pay 30% referrals. The problem is that there's no apparently limit on the 30% referral, and since it appears to be +EV, it will attract a lot of action.

Wager a single bet @ 2x. Possibilities:

49.5% chance:   +1
50.5% chance:   +.3  (recoup in affiliate pay)

 = EV of 0.795  ?!

Math fail, but it's still +EV even if you get it right.

= EV of 0.1415  ?!

Edit: Fix stupid maths

Yeah. Basically your edge is a little less than half of the 30% referral fee, at 14%

[finnile]

Remember Dean's running higher-edge games now - roulette and lottery - and bankrolling them himself. Maybe he's making enough from those that he thinks he can afford to pay 30% referrals. The problem is that there's no apparently limit on the 30% referral, and since it appears to be +EV, it will attract a lot of action.

Wow, it seems this will attract all the luckyb.it crowd as well. Just create a referral for yourself(which obviously, can easily be faked), and win a lot of money. If you lose you still get a lot of it back.

But if you lose a lot, then maybe, Dean will reconsider if he wants to pay you the 30% or not. or maybe, he will just gamble against the investors to pay that amount off.

[dooglus]

Here's an open-offer to anyone to anyone who trusts Dean:

PM me your referral link, and I'll bet between 1 and 10 BTC using it ( of your choice). If I win, I'll give you nothing and you will make nothing from the affiliate program. However, if I lose, you need to give me back 15% of what I lost (The affiliate program is giving you 30% though...).

I will give you the server hash [1], and allow you to pick the client seed, and how I bet (hi, lo, etc.), I will provide you with a hash of a few extra characters that I will append to the client seed after you pick yours.

The only catch is, you must guarantee me my 15% rakeback regardless of what Dean gives you.  You either prepay me the 15%, or escrow it with Dooglus or another trusted third party.





[1] I will not give you the exact server hash, but a hash of the hash. This will allow me to prove I didn't cheat you, while if you were Dean you wouldn't know which server hash I was planning/am betting on..

According to the T&C the affiliate only gets 30% if his players combined (or individually? it's unclear) lost over 50 BTC in the previous month.

It's also not clear what happens if your players have a winning month. It would mean your revenue was negative, and so doesn't even qualify for plan 1. So you'd be dropped from the scheme altogether?

[finnile]

Here's an open-offer to anyone to anyone who trusts Dean:

Why does that have to be true
Do you feel the people who don't trust him will have their affliate payouts blocked ?