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Author Topic: DaDice.com - Next Gen Social Gambling Dice Experience | Progressive Jackpot  (Read 257867 times)
dadice (OP)
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June 07, 2015, 01:30:50 PM
 #2041

Well we all know Marco hidden agenda, as he tried to hijack our campaign in the past. I think we should go without escrow in the future and see if we succeed Cheesy

EDIT: After all his campaign is run without escrow at all, why we had escrow from day one.

It will still be better to use escrow as we dont want to follow Marco's path I believe , this what makes this campaign extraordinary Cheesy

No it's not. I control an escrow address and a hot wallet address which the bot pays out from. On the few occasions that participants are paid a few hours late, it is due to the hot wallet being out of funds and I (not Bit-X) refill it. There is always in enough in the escrow and hot wallet addresses combined to pay everyone out at any given point in time (the escrow address alone is enough actually).

If I am not mistaken, you meant this address ? https://blockchain.info/address/1DwsNFJnXFSFtXP7M2q4rVczLyTqNpz1pb. It has barely 5.7 BTC and the data for your campaign isnt actually public as we dont know exactly how many post are being paid throughout 1 week timeframe. Im assuming it is not enough because amph + MZ + Redsnow combined would be able to get 1+ BTC for their post and not to mention the other participants.

Atleast we the enrollments are ensured that we will be paid this week considering 3.4 BTC is in the wallet also that some of the regular poster moved to the fixed campaign which means it will be barely reaching 3 BTC this week

These 2 addresses (total of 8 BTC):
https://blockchain.info/address/1DwsNFJnXFSFtXP7M2q4rVczLyTqNpz1pb
https://blockchain.info/address/16pe2twTgrjKC8mioPjX3f2UbCMGvWbVz4

If the campaign were to stop all of a sudden right now I'd have to pay out exactly 1.5941 BTC.

Well, if our campaign would stop all of a sudden we would probably pay less...

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arallmuus
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June 07, 2015, 01:34:14 PM
 #2042

Well we all know Marco hidden agenda, as he tried to hijack our campaign in the past. I think we should go without escrow in the future and see if we succeed Cheesy

EDIT: After all his campaign is run without escrow at all, why we had escrow from day one.

It will still be better to use escrow as we dont want to follow Marco's path I believe , this what makes this campaign extraordinary Cheesy

No it's not. I control an escrow address and a hot wallet address which the bot pays out from. On the few occasions that participants are paid a few hours late, it is due to the hot wallet being out of funds and I (not Bit-X) refill it. There is always in enough in the escrow and hot wallet addresses combined to pay everyone out at any given point in time (the escrow address alone is enough actually).

If I am not mistaken, you meant this address ? https://blockchain.info/address/1DwsNFJnXFSFtXP7M2q4rVczLyTqNpz1pb. It has barely 5.7 BTC and the data for your campaign isnt actually public as we dont know exactly how many post are being paid throughout 1 week timeframe. Im assuming it is not enough because amph + MZ + Redsnow combined would be able to get 1+ BTC for their post and not to mention the other participants.

Atleast we the enrollments are ensured that we will be paid this week considering 3.4 BTC is in the wallet also that some of the regular poster moved to the fixed campaign which means it will be barely reaching 3 BTC this week

These 2 addresses (total of 8 BTC):
https://blockchain.info/address/1DwsNFJnXFSFtXP7M2q4rVczLyTqNpz1pb
https://blockchain.info/address/16pe2twTgrjKC8mioPjX3f2UbCMGvWbVz4

If the campaign were to stop all of a sudden right now I'd have to pay out exactly 1.5941 BTC.

If you are taking this analogy then it will be the same case like dadice, it is still Sunday and if the campaign were to stop now then they will need less than 3.4 BTC in total + the enrollments in the fixed campaign as well, considering their payment is being pro-rata by 80 posts. So I think we are clear here Marco about this issue, thankyou for your consideration for reminding the wallet refill   Smiley

R


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dadice (OP)
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June 07, 2015, 01:35:09 PM
 #2043

It will still be better to use escrow as we dont want to follow Marco's path I believe , this what makes this campaign extraordinary Cheesy

True mate, nobody wants to follow Marco's path.... Reminds me of one of my favorite computer games a long time back, "Pathways into Darkness"

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June 07, 2015, 05:10:40 PM
Last edit: June 08, 2015, 08:38:35 AM by Da_Dice_Staff
 #2044

BTCAAAND JACKPOT!!!BTC



DaDice is pleased to announce the arrival of a brand new Jackpot!!

Head over to the site and see what you can win and read up all of the information in our new Jackpot FAQ!

We have gone live this morning with it and the Jackpot has already reached 1.00300250 BTC!!!



DaDice – Always the best and foremost in innovation for our esteemed players!

Keep Rollin’!!
panjul07
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June 07, 2015, 05:44:46 PM
 #2045

Yeah JACKPOT..Glad to see this new feature on DD.
But unfortunately I cant make a deposit right now, aside from blockchain still in maintenance. I also get an error message when I click the bitcoin deposit button " Internal Processing Error." What is that?


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Da_Dice_Staff
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June 07, 2015, 05:54:24 PM
 #2046

Yeah JACKPOT..Glad to see this new feature on DD.
But unfortunately I cant make a deposit right now, aside from blockchain still in maintenance. I also get an error message when I click the bitcoin deposit button " Internal Processing Error." What is that?



Hmmmm not sure there myself mate. Send a message along to support so our dev can have a look for you
dooglus
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June 07, 2015, 06:39:35 PM
Last edit: June 07, 2015, 07:08:21 PM by dooglus
 #2047

DaDice is pleased to announce the arrival of a brand new Jackpot!!

Quote
the bet ID and the Unix timestamp of the bet must both be prime numbers in order to claim the jackpot

It would be better if you could find a way of making the jackpot provably fair.

Under the current rules it would be trivial for you to delay a bet by a fraction of a second to ensure its betid is non-prime if the "wrong" player is about to win it.

Why have this prime number requirement at all?

edit:

Quote
if a player has hit the jackpot with 1 satoshi, then that player will receive 20% of the jackpot. Whereas a bet of 100,000 satoshi or more will be eligible for the full amount.

Do you realise that this means the house edge is smaller for tiny bets than for big bets? It will encourage smart players to make smaller bets.

Finally, since the Unix time is prime about 1/22 of the time, and the betid is prime about 1/20 of the time, and you hit the required number 1/10000 of the time, betting 1 satoshi will hit the jackpot about 1 in 22*20*10000 bets. That's 1 in 4.4 million bets. But the jackpot is 20% of 1 BTC, or 20 million satoshis. That makes the jackpot very +EV:

>>> 100 * (1 - 20/4.4)
-354.5454545454545

The house edge when betting 1 satoshi is minus 354.5%...

Just-Dice                 ██             
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   1% House Edge
Da_Dice_Staff
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June 07, 2015, 07:19:18 PM
 #2048

DaDice is pleased to announce the arrival of a brand new Jackpot!!

Quote
the bet ID and the Unix timestamp of the bet must both be prime numbers in order to claim the jackpot

It would be better if you could find a way of making the jackpot provably fair.

Under the current rules it would be trivial for you to delay a bet by a fraction of a second to ensure its betid is non-prime if the "wrong" player is about to win it.

Why have this prime number requirement at all?

edit:

Quote
if a player has hit the jackpot with 1 satoshi, then that player will receive 20% of the jackpot. Whereas a bet of 100,000 satoshi or more will be eligible for the full amount.

Do you realise that this means the house edge is smaller for tiny bets than for big bets? It will encourage smart players to make smaller bets.

Finally, since the Unix time is prime about 1/22 of the time, and the betid is prime about 1/20 of the time, and you hit the required number 1/10000 of the time, betting 1 satoshi will hit the jackpot about 1 in 22*20*10000 bets. That's 1 in 4.4 million bets. But the jackpot is 20% of 1 BTC, or 20 million satoshis. That makes the jackpot very +EV:

>>> 100 * (1 - 20/4.4)
-354.5454545454545

The house edge when betting 1 satoshi is minus 354.5%...

Actually we have a verifier system on the stats site for that I believe. As well as full announcements (automated in chatr so anyone can check  their rolls at any time if they felt they had it mate Smiley
vendetahome
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June 07, 2015, 07:21:07 PM
 #2049

why do you need people to deposit for a jackpot if they can still win with 1 satoshi bets? wouldnt it be better to allow all bets?
dooglus
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June 07, 2015, 07:28:42 PM
 #2050

DaDice is pleased to announce the arrival of a brand new Jackpot!!

Quote
the bet ID and the Unix timestamp of the bet must both be prime numbers in order to claim the jackpot

It would be better if you could find a way of making the jackpot provably fair.

Under the current rules it would be trivial for you to delay a bet by a fraction of a second to ensure its betid is non-prime if the "wrong" player is about to win it.

Why have this prime number requirement at all?

edit:

Quote
if a player has hit the jackpot with 1 satoshi, then that player will receive 20% of the jackpot. Whereas a bet of 100,000 satoshi or more will be eligible for the full amount.

Do you realise that this means the house edge is smaller for tiny bets than for big bets? It will encourage smart players to make smaller bets.

Finally, since the Unix time is prime about 1/22 of the time, and the betid is prime about 1/20 of the time, and you hit the required number 1/10000 of the time, betting 1 satoshi will hit the jackpot about 1 in 22*20*10000 bets. That's 1 in 4.4 million bets. But the jackpot is 20% of 1 BTC, or 20 million satoshis. That makes the jackpot very +EV:

>>> 100 * (1 - 20/4.4)
-354.5454545454545

The house edge when betting 1 satoshi is minus 354.5%...

Actually we have a verifier system on the stats site for that I believe. As well as full announcements (automated in chatr so anyone can check  their rolls at any time if they felt they had it mate Smiley

Well that addresses all my concerns then. Thanks. Smiley

Just-Dice                 ██             
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   1% House Edge
marioantonini
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June 07, 2015, 07:29:15 PM
 #2051

For me is better up the minimum bet for win jackpot, like other similar dice site (i remember coinichiwa jackpot)
trafficolaa
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June 07, 2015, 07:36:47 PM
 #2052

is there new deposit required to eligible get prize from this current jackpot amount, i had made my last deposit on 5th June so it ok or i have to make new deposit there after this announcement?
Da_Dice_Staff
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June 07, 2015, 08:02:58 PM
 #2053

DaDice is pleased to announce the arrival of a brand new Jackpot!!

Quote
the bet ID and the Unix timestamp of the bet must both be prime numbers in order to claim the jackpot

It would be better if you could find a way of making the jackpot provably fair.

Under the current rules it would be trivial for you to delay a bet by a fraction of a second to ensure its betid is non-prime if the "wrong" player is about to win it.

Why have this prime number requirement at all?

edit:

Quote
if a player has hit the jackpot with 1 satoshi, then that player will receive 20% of the jackpot. Whereas a bet of 100,000 satoshi or more will be eligible for the full amount.

Do you realise that this means the house edge is smaller for tiny bets than for big bets? It will encourage smart players to make smaller bets.

Finally, since the Unix time is prime about 1/22 of the time, and the betid is prime about 1/20 of the time, and you hit the required number 1/10000 of the time, betting 1 satoshi will hit the jackpot about 1 in 22*20*10000 bets. That's 1 in 4.4 million bets. But the jackpot is 20% of 1 BTC, or 20 million satoshis. That makes the jackpot very +EV:

>>> 100 * (1 - 20/4.4)
-354.5454545454545

The house edge when betting 1 satoshi is minus 354.5%...

Actually we have a verifier system on the stats site for that I believe. As well as full announcements (automated in chatr so anyone can check  their rolls at any time if they felt they had it mate Smiley

Well that addresses all my concerns then. Thanks. Smiley

Just a thought But I'll see if I can't get it answered properly for you Tongue
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June 07, 2015, 08:04:33 PM
 #2054

is there new deposit required to eligible get prize from this current jackpot amount, i had made my last deposit on 5th June so it ok or i have to make new deposit there after this announcement?

As longas your most recent entry in your ledger is a deposit mate Smiley
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June 07, 2015, 08:06:35 PM
 #2055

why do you need people to deposit for a jackpot if they can still win with 1 satoshi bets? wouldnt it be better to allow all bets?

Indeed but the amount is lower for a 1 sat bet that they can win. Check the faq on it mate Smiley
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June 07, 2015, 08:41:45 PM
 #2056

im really happy that you added jackpot possibility, will deposit coins and go autobet trying to hit it Tongue

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June 07, 2015, 11:53:08 PM
 #2057

is there new deposit required to eligible get prize from this current jackpot amount, i had made my last deposit on 5th June so it ok or i have to make new deposit there after this announcement?

As longas your most recent entry in your ledger is a deposit mate Smiley

So do I need to withdraw and redeposit after every time I use the faucet to be eligible for the jackpot?

And if I withdraw and redeposit the same amount 10 times, so all 10 deposits count to the total deposited?

I'm wondering what you are trying to encourage with these odd rules.

Just-Dice                 ██             
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   1% House Edge
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June 08, 2015, 03:52:46 AM
 #2058

 How come this site wont refund my bitcoin? I sent bt to the site 2 days ago and never receive my deposit is this a shady scam?  I sent 3 email asking for refund but they have not sent!
How many times do I need to email support to get my refund ?
romano1
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June 08, 2015, 05:16:21 AM
 #2059

How come this site wont refund my bitcoin? I sent bt to the site 2 days ago and never receive my deposit is this a shady scam?  I sent 3 email asking for refund but they have not sent!
How many times do I need to email support to get my refund ?

Hey brother they are not scam, trust me. Please tell me did the transaction got confirmed ? Did you deposited to the correct address, if answer is yes for both, then please send them a message here, profile link  - https://bitcointalk.org/index.php?action=profile;u=444316
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June 08, 2015, 06:19:51 AM
 #2060

is there new deposit required to eligible get prize from this current jackpot amount, i had made my last deposit on 5th June so it ok or i have to make new deposit there after this announcement?

As longas your most recent entry in your ledger is a deposit mate Smiley

So do I need to withdraw and redeposit after every time I use the faucet to be eligible for the jackpot?

And if I withdraw and redeposit the same amount 10 times, so all 10 deposits count to the total deposited?

I'm wondering what you are trying to encourage with these odd rules.

I would say that they prefer real players to win the jackpot over full faucet players.

I don't think there is any restrictions like that. The last 'entry in the ledger' should not be a faucet claim. I think that is it. And faucet claims < deposit. Reasonable, in my opinion. You wouldn't want all jackpot wins to be by faucet players.
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