dooglus
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July 08, 2015, 09:48:08 PM |
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Because they implemented the kelly criterion wrong.
It doesn't sound like they implemented it at all. Instead of letting investors specify how much they want to risk per roll they just go ahead and risk up to 20 BTC per roll no matter what the investors decide.
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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SebastianJu
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Legendary Escrow Service - Tip Jar in Profile
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July 08, 2015, 11:06:35 PM |
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Oh well. Lets see if the investor gets paid. If they really sat up the max profit in order to attract gamblers and did not use the kelly criterion then they are at risk being wiped out fast.
Im interested to see if the investor gets paid since its of course not ok to risk investors money that way. Though i think when investors are ok with not knowing if their coins are actually still there then i dont have so very much empathizing? with them. If you take a risk you take a risk.
By the way... who wants to catch a meteor? Oo
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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waterpile
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July 08, 2015, 11:20:44 PM |
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[....] what would happen if someone would win 100 x 20 btc (and investments would all be negative) he just said : "we will not pay him the won amount" [...]
Can you please provide evidence of this. Perhaps a skype screenshot? If this is true, this is extremely serious. By accepting bets they knowingly can't or won't pay, they are basically scamming users. you might want to see leen's accusation: https://bitcointalk.org/index.php?topic=1114399.0If those replies are from the real dadice team then I don't know if this would end up a good story..
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dooglus
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July 09, 2015, 06:37:34 AM |
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Any comment from the site owners about this? After talking to 1 staff member (M.F., full name and private info known) [...]. If I ask what would happen if someone would win 100 x 20 btc (and investments would all be negative) he just said : "we will not pay him the won amount".
While I understand the short term benefits of refusing to pay out big winners it does seem a little shortsighted. Is this official DaDice policy? If I was looking for a dice site to play on, I might not chose the one which has a stated policy of not paying out people who win too much.
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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amgad_fahd
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July 09, 2015, 06:40:25 AM |
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i have deposited 0.7 BTC 2 days ago and still not showed in my balance yet or even showing in the pending deposits and it's confirmed by the blockchain yesterday and yes i have sent 2 e-mails to support and i got no reply my user name is : wfdau
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dadice (OP)
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DaDice Administration
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July 09, 2015, 07:39:23 AM |
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Any comment from the site owners about this? After talking to 1 staff member (M.F., full name and private info known) [...]. If I ask what would happen if someone would win 100 x 20 btc (and investments would all be negative) he just said : "we will not pay him the won amount".
While I understand the short term benefits of refusing to pay out big winners it does seem a little shortsighted. Is this official DaDice policy? If I was looking for a dice site to play on, I might not chose the one which has a stated policy of not paying out people who win too much. This issue will certainly being addressed in the hours ahead. Since I have no knowledge of the chat, I need to wait until dev is coming online to get the facts.
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<- My trust rating is a joke, due to the poor and worthless implementation of trust ratings at bitcointalk.org
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dadice (OP)
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DaDice Administration
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July 09, 2015, 07:41:04 AM |
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i have deposited 0.7 BTC 2 days ago and still not showed in my balance yet or even showing in the pending deposits and it's confirmed by the blockchain yesterday and yes i have sent 2 e-mails to support and i got no reply my user name is : wfdau
Your payment was made yesterday evening, not two days ago. There has been some blockchain issues yesterday and your deposit went into pending. We credited it earlier this morning. Sorry for the inconvenience.
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<- My trust rating is a joke, due to the poor and worthless implementation of trust ratings at bitcointalk.org
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amgad_fahd
Newbie
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July 09, 2015, 07:58:34 AM |
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i have deposited 0.7 BTC 2 days ago and still not showed in my balance yet or even showing in the pending deposits and it's confirmed by the blockchain yesterday and yes i have sent 2 e-mails to support and i got no reply my user name is : wfdau
Your payment was made yesterday evening, not two days ago. There has been some blockchain issues yesterday and your deposit went into pending. We credited it earlier this morning. Sorry for the inconvenience. i made the deposit on 2015-07-07 evening and it's just credited now so that's almost 2 days but anyway thanks for the response
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dadice (OP)
Sr. Member
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DaDice Administration
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July 09, 2015, 08:32:28 AM |
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i have deposited 0.7 BTC 2 days ago and still not showed in my balance yet or even showing in the pending deposits and it's confirmed by the blockchain yesterday and yes i have sent 2 e-mails to support and i got no reply my user name is : wfdau
Your payment was made yesterday evening, not two days ago. There has been some blockchain issues yesterday and your deposit went into pending. We credited it earlier this morning. Sorry for the inconvenience. i made the deposit on 2015-07-07 evening and it's just credited now so that's almost 2 days but anyway thanks for the response Ah sorry, timezone issue. Glad you have received it.
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<- My trust rating is a joke, due to the poor and worthless implementation of trust ratings at bitcointalk.org
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dadice (OP)
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DaDice Administration
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July 09, 2015, 12:48:57 PM |
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We are getting there!
On the way to our next big milestone, 500 million rolls!
We are close to 414 million rolls right now. Please remember, the bounty is at 1 BTC, if the 500 million roll happens on the 30th of June or later and will increase by 0.05 BTC each day it hit earlier.
Keep Rollin' !!
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<- My trust rating is a joke, due to the poor and worthless implementation of trust ratings at bitcointalk.org
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OrangeSeller
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July 09, 2015, 03:17:31 PM |
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Weird where is Dadice staff?he usually post it daily
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98problems
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July 09, 2015, 03:53:24 PM |
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Weird where is Dadice staff?he usually post it daily
uhmm are you talking about this? We are getting there!
On the way to our next big milestone, 500 million rolls!
We are close to 414 million rolls right now. Please remember, the bounty is at 1 BTC, if the 500 million roll happens on the 30th of June or later and will increase by 0.05 BTC each day it hit earlier.
Keep Rollin' !!
also i cant wait for that bounty, will definitely participate even if it will be at night for me
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dadice (OP)
Sr. Member
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Activity: 252
Merit: 250
DaDice Administration
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July 09, 2015, 05:05:31 PM |
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Weird where is Dadice staff?he usually post it daily
uhmm are you talking about this? We are getting there!
On the way to our next big milestone, 500 million rolls!
We are close to 414 million rolls right now. Please remember, the bounty is at 1 BTC, if the 500 million roll happens on the 30th of June or later and will increase by 0.05 BTC each day it hit earlier.
Keep Rollin' !!
also i cant wait for that bounty, will definitely participate even if it will be at night for me You are welcome to take part in it, 98problems!
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<- My trust rating is a joke, due to the poor and worthless implementation of trust ratings at bitcointalk.org
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marioantonini
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July 09, 2015, 08:15:38 PM |
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Dadice i have one question to exchange/withdraw
Example : i have 0,01 bitcoin and i like withdraw dash, i click to Dash and earn my address, but how do I know how many dash i can withdraw id i don't know the change? Not have any bottom , when i can click to my bitcoin balance and convert automaticaly in other coin?
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crazyearner
Legendary
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Activity: 1820
Merit: 1001
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July 09, 2015, 08:30:20 PM |
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Keep coming back to this one. Win some lose some seem to be braking even each time. Need some win streaks on this one maybe I will get lucky and win the pot on the event
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apriyani420
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July 09, 2015, 08:58:35 PM |
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are we still allowed to participate in 500 millionth roll guessing competition? if yes can anyone drop me a link?
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DiscoverCebu
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July 09, 2015, 09:04:11 PM |
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are we still allowed to participate in 500 millionth roll guessing competition? if yes can anyone drop me a link?
The guessing day has past long ago mate, there was even an announcement on this thread.
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Hexcoin
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July 09, 2015, 11:16:11 PM |
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Dadice i have one question to exchange/withdraw
Example : i have 0,01 bitcoin and i like withdraw dash, i click to Dash and earn my address, but how do I know how many dash i can withdraw id i don't know the change? Not have any bottom , when i can click to my bitcoin balance and convert automaticaly in other coin?
Since dadice is using shapeshift.io for altcoins exchange, alternatively you can visit the shapeshift.io site and check the current rate of your coins there before exchanging
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