DaDice.com - Next Gen Social Gambling Dice Experience | Progressive Jackpot

[dooglus]

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.

[SebastianJu]

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

[waterpile]

[....] 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=1114399.0

If those replies are from the real dadice team then I don't know if this would end up a good story..

[Dotakels]

Name: Dotakels
Type: Pay per Post
Position: Full Member
Address: 18JpYDYot4TnpsqZFz5r47uS2AzAZcDkhU
Link to Recent Post: https://bitcointalk.org/index.php?action=profile;u=495508;sa=showPosts

[dooglus]

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.

[amgad_fahd]

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

[dadice]

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.

[dadice]

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.

[amgad_fahd]

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

[dadice]

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.

[leen93]

https://bitcointalk.org/index.php?topic=1114399.0

I request an answer on the issue in the OP. About the not correct implementation of the kelly criterion.

[dadice]

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' !!

[OrangeSeller]

Weird where is Dadice staff?he usually post it daily

[98problems]

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

[dadice]

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!

[marioantonini]

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?

[crazyearner]

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

[apriyani420]

are we still allowed to participate in 500 millionth roll guessing competition? if yes can anyone drop me a link?

[DiscoverCebu]

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.

[Hexcoin]

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