Hello everyone,
Yesterday
we released a new game, called Slope. You can check it on our site:
https://www.bitdice.me/slope
We still testing it thus max profit is capped with 0.2 BTC at the moment. You can test it with Bitcoin, Litecoin, Dogecoin, Clam and Dash.
Please check HELP section as it describes, how the game works, I will post it below.
And another news.
REDD has been removed from site, you cant bet with this coin anymore. Please divest and cashout.
What is Slope and how do I Play?How does the new game work?Players are offered to wager on two mutually exclusive outcomes of an event with variable terms for payout.
So what is the event that you bet on?The event is the random outcome of rolling a dice by Bitdice server 100 times in a row with the predetermined wager conditions.
These conditions are:
1) Each bet amounts to fixed 1 BTC
2) Four different multipliers (1.5x; 2.0x; 2.5x; 3.0x) used randomly to generate each bet
3) Each bet uses only "Higher than" option.
In the nutshell, the rolling algorithm operates the very same way as you know from BitDice experience and is provably fair. But in addition, the algorithm will add up the results of each subsequent wager, from 1 to 100, by shaping up a slope which could be graphically represented and historically checked for fairness.
The end result of the slope is binary – it either ends up negative aka “FALLS” (100 bets will results in a loss), or positive aka “RISES” (100 bets will results in a profit). Chances are 50/50 since no house edge is employed in the game.
Now, although in theory the chances of both outcomes are 50/50, players are actually able to rip off better payoffs when placing their bets.
Before launching the game, the system will run a book to determine the payout multipliers at which players can secure their payouts. The multipliers will change instantly while the book is being processed with new wagers - so you should expect deviations from the theoretical 50/50 on both sides. Securing your bet at higher multiplier will potentially put you in better payoff position for the game. Presently, maximum payouts are limited to 0.2 BTC but will be subject to change in the future.
There are no hidden fees or commissions we charge players, except for 10% fee embedded into the payout multipliers we take from the amount wagered. This fee is primarily used to cover the winners’ positions.
The game will start itself automatically once the sufficient number of bets is accumulated to ensure that one side of the wager is able to cover the other side wins and vice versa. There is a tentative progress bar indicating the course of the wager accumulation for the active bets. The countdown on the wager button shows the time left for the active bets to reimburse the involved players in case the game fails to start within 30 minutes.
