Bitcoin Betting Guide



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Full MemberActivity: 190Merit: 100 After 1 year of diversified bitcoin dice house bank investment we lost 32.46% October 17, 2014, 02:29:06 PM

Last edit: October 18, 2015, 12:33:29 AM by Bitcoin Betting Guide #1 On the 1st of October 2014 we invested ฿1 in the house bank of the top 9 bitcoin gambling investments sites

This is the performance as of the 07th of January 2015. There is a more recent update on the site



We will report and compare the performance of those investments as well as a key site stat that you wont find anywhere else. Expected annual return is based on the investors edge and how often the house bank is turned over. How many times the bank is turned over per year multiplied by the edge is the expected annual return.



We will update the figures and this thread at least every 2 weeks. Here is the table



http://www.bitcoin-dice-guide.com/dice-investment-comparison/



We have also reviewed the operators here.



http://www.bitcoin-dice-guide.com/bitcoin-dice-reviews/



It's still amateur hour out there i'm afraid, most sites leave something to be desired and some operators don't even reply when contacted. But we do love the house bank investment model and believe the industry will mature. The game changer will be a trustless implementation on the blockchain via a smart contracts... or something. We will report and compare the performance of those investments as well as a key site stat that you wont find anywhere else. Expected annual return is based on the investors edge and how often the house bank is turned over. How many times the bank is turned over per year multiplied by the edge is the expected annual return.We will update the figures and this thread at least every 2 weeks. Here is the tableWe have also reviewed the operators here.It's still amateur hour out there i'm afraid, most sites leave something to be desired and some operators don't even reply when contacted. But we do love the house bank investment model and believe the industry will mature. The game changer will be a trustless implementation on the blockchain via a smart contracts... or something. The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com

Bitcoin Betting Guide



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Full MemberActivity: 190Merit: 100 Re: Real Life, Live, House Bank Investment Comparison Table For The Top 8 Operators October 30, 2014, 02:26:54 AM #23

- Current Balance

- Current Return

- Annualized Return

as in that part of the table we are reporting real historical results. The Dice Ninja loss did happen during the time of this investment comparison and is relevant lesson to be reminded of. However we will remove the figures from

- House Bank

- Bank Turnover

- Investor Edge

- Expected Annual Return

- Review Score

and replace them with a "-" that will not affect the column averages as that part of the table is about hypothetical future return and it does not make sense for a non operator to be included. This will be done before the next update, sorry for the delay.



Here is the weekly update for October 30th 2014







Dice Now is rewriting their whole site and will launch with a new name and domain, the timetable is unknown. We are excited about this as they are already a high quality and reliable operator that do things a bit differently, not just another just dice clone. On the other hand dont expect to see any improvements or marketing on Dice Now which guarantees the betting volume will remain tiny.

Ice Dice website is not loading for me at the moment so their figures are not updated. I will keep checking until it loads or can be declared dead

Peerbet have improved their web design with a new background and home page. We have updated their review score which his lifted them 2 sports in the rankings.

Coinwin house bank has more than halved in size and is now less than ฿11.

PRC's house bank has gone up another ~฿1000 and they were the only site with good turnover this week of ~฿1000. Thanks for the discussion on how to treat Dice Ninja for the purpose of this comparison table. What we will do is keep the real figures there and affecting the column average for- Current Balance- Current Return- Annualized Returnas in that part of the table we are reporting real historical results. The Dice Ninja loss did happen during the time of this investment comparison and is relevant lesson to be reminded of. However we will remove the figures from- House Bank- Bank Turnover- Investor Edge- Expected Annual Return- Review Scoreand replace them with a "-" that will not affect the column averages as that part of the table is about hypothetical future return and it does not make sense for a non operator to be included. This will be done before the next update, sorry for the delay.Here is the weekly update for October 30th 2014 The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com

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Hero MemberActivity: 1288Merit: 527 Re: Real Life, Live, House Bank Investment Comparison Table For The Top 8 Operators November 18, 2014, 09:08:20 AM #44 Quote from: Bitcoin Betting Guide on October 17, 2014, 02:29:06 PM On the 1st of October 2014 we invested ฿1 in the house bank of the top 9 bitcoin gambling investments sites

This is the performance as of the 17th of November 2014



We will report and compare the performance of those investments as well as a key site stat that you wont find anywhere else. Expected annual return is based on the investors edge and how often the house bank is turned over. How many times the bank is turned over per year multiplied by the edge is the expected annual return.



We will update the figures and this thread at least every week. Here is the table



http://bitcoin-betting-guide.com/gambling-investments/gambling-investments-comparison-table/



We have also reviewed the operators here.



http://bitcoin-betting-guide.com/gambling-investments/gambling-investment-reviews/



It's still amateur hour out there i'm afraid, most sites leave something to be desired and some operators don't even reply when contacted. But we do love the house bank investment model and believe the industry will mature. The game changer will be a trustless implementation on the blockchain via a smart contracts... or something.

We will report and compare the performance of those investments as well as a key site stat that you wont find anywhere else. Expected annual return is based on the investors edge and how often the house bank is turned over. How many times the bank is turned over per year multiplied by the edge is the expected annual return.We will update the figures and this thread at least every week. Here is the tableWe have also reviewed the operators here.It's still amateur hour out there i'm afraid, most sites leave something to be desired and some operators don't even reply when contacted. But we do love the house bank investment model and believe the industry will mature. The game changer will be a trustless implementation on the blockchain via a smart contracts... or something.

how can i invest in the house bank of these sites? how can i invest in the house bank of these sites?

Dabs



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LegendaryActivity: 2730Merit: 1446The Concierge of Crypto Re: Real Life, Live, House Bank Investment Comparison Table For The Top 8 Operators November 19, 2014, 04:29:19 AM

Last edit: November 19, 2014, 05:05:05 AM by Dabs #51 Quote from: pawel7777 on November 18, 2014, 11:56:13 AM Quote from: Dabs on November 18, 2014, 01:35:17 AM For example, the dice site in question, just lost a bunch of profits. My share of the profits as an investor, I just lost half a bitcoin. All the while, the operator has been taking from the amount wagered. That's the thing about being in the same boat. Doesn't inspire confidence. Which is why, when I launch my own site, I probably won't be doing the same thing.



That's not really an argument. Just a childish mentality: "I broke my toy, but the other kids are playing with theirs... that's not fair!"



You know if he was using the "traditional system", you'd still loose your money, right? Operator losing together with investors 'inspires the confidence'? How?



If you launch your site under the traditional system, how long are you prepared to operate at loss? What happens when you run out of funds?

Even if the site is on profit, what will you do if big investor comes along making your portion of profits insignificant? How will you mitigate that risk?

That's not really an argument. Just a childish mentality: "I broke my toy, but the other kids are playing with theirs... that's not fair!"You know if he was using the "traditional system", you'd still loose your money, right? Operator losing together with investors 'inspires the confidence'? How?If you launch your site under the traditional system, how long are you prepared to operate at loss? What happens when you run out of funds?Even if the site is on profit, what will you do if big investor comes along making your portion of profits insignificant? How will you mitigate that risk?

The site or operator is not confident enough to bet on his own site, to either fund the bankroll, or to share in both profits and losses. I don't know if that is an argument or not, but we're certainly not talking of toys here. Fiat banks lend to business on the strength of their business plans. Take care of your toys so you don't break them. Or play with them knowing you will break them (such as for target practice? My kid has a new Iron Man toy, likes to fling it across the room thinking it will survive.)



Most businesses are prepared to operate at a loss a minimum of 6 months, some even take 1 year or more. I'm talking about traditional brick and mortar businesses, not fly-by-night crypto businesses. Break even point or ROI for some fast moving consumer goods businesses that sell actual physical products in malls and department stores can take up to 2 to 3 years.



That's the mindset you should have when putting up a business. Admittedly, I see bitcoin based business such as game sites could probably make their capital investment and profits a lot more quickly than 2 to 3 years.



For any investor, I will only take 10% of profits. Small investors, then 10% of small investment profit. Big investor, then 10% of big investment profit.



No casino is going to give 1% or even 0.5% of turn over or wagered to their investors just because that is their declared house edge.



If the game were multi-player poker, and the house takes a 2.5% rake on every bet, win or lose, I think everyone understands that model. But we're talking about a game that is played against the house, not against another player. The house already has the edge.



Taking profits from investors when players win or loss does not inspire confidence in the house as far as the shareholders are concerned. This is gambling after all. Even the house gambles.



I agree though, that the house would have a more consistent income in the short term. It will never lose. It won't suffer variance.



Confidence = Are you willing to bet on it? If the answer is no, then you are not confident.



That may or may not factor in some other people's decisions. I am personally invested in that particular dice site, which is not an endorsement, I am talking the same risks as everyone else investing there as well.



You can also look at it another way, that the house is guaranteed to have income, therefore there is confidence that the site will make money. They are just not willing to bet on it. The site or operator is not confident enough to bet on his own site, to either fund the bankroll, or to share in both profits and losses. I don't know if that is an argument or not, but we're certainly not talking of toys here. Fiat banks lend to business on the strength of their business plans. Take care of your toys so you don't break them. Or play with them knowing you will break them (such as for target practice? My kid has a new Iron Man toy, likes to fling it across the room thinking it will survive.)Most businesses are prepared to operate at a loss a minimum of 6 months, some even take 1 year or more. I'm talking about traditional brick and mortar businesses, not fly-by-night crypto businesses. Break even point or ROI for some fast moving consumer goods businesses that sell actual physical products in malls and department stores can take up to 2 to 3 years.That's the mindset you should have when putting up a business. Admittedly, I see bitcoin based business such as game sites could probably make their capital investment and profits a lot more quickly than 2 to 3 years.For any investor, I will only take 10% of profits. Small investors, then 10% of small investment profit. Big investor, then 10% of big investment profit.No casino is going to give 1% or even 0.5% of turn over or wagered to their investors just because that is their declared house edge.If the game were multi-player poker, and the house takes a 2.5% rake on every bet, win or lose, I think everyone understands that model. But we're talking about a game that is played against the house, not against another player. The house already has the edge.Taking profits from investors when players win or loss does not inspire confidence in the house as far as the shareholders are concerned. This is gambling after all. Even the house gambles.I agree though, that the house would have a more consistent income in the short term. It will never lose. It won't suffer variance.Confidence = Are you willing to bet on it? If the answer is no, then you are not confident.That may or may not factor in some other people's decisions. I am personally invested in that particular dice site, which is not an endorsement, I am talking the same risks as everyone else investing there as well.You can also look at it another way, that the house is guaranteed to have income, therefore there is confidence that the site will make money. They are just not willing to bet on it. Escrow Service (Services) - Feed Some Children by Dabs (Donate!) - GPG ID: 32AD7565 , OTC ID: Dabs

XLR Solaris

DAM Datamine Network. FLUX. Time is money 2.0 XLR Solaris https://bitcointalk.org/index.php?topic=1831629.0 DAM Datamine Network. FLUX. Time is money 2.0 https://datamine-crypto.github.io/realtime-decentralized-dashboard/

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Hero MemberActivity: 1022Merit: 500 Re: Real Life, Live, House Bank Investment Comparison Table For The Top 8 Operators November 21, 2014, 09:35:45 PM #53 Quote from: pawel7777 on November 19, 2014, 02:22:19 PM Quote from: Dabs on November 19, 2014, 04:29:19 AM ...

If the game were multi-player poker, and the house takes a 2.5% rake on every bet, win or lose, I think everyone understands that model. But we're talking about a game that is played against the house, not against another player. The house already has the edge.



Taking profits from investors when players win or loss does not inspire confidence in the house as far as the shareholders are concerned. This is gambling after all. Even the house gambles.



I agree though, that the house would have a more consistent income in the short term. It will never lose. It won't suffer variance.

...



It's not poker, but it can work on similar basis. You can consider players and investors playing against each other. Investors engage their fund long-term and, in exchange, they got 1% edge, and the operator is set in between (taking the rake).



So instead model: "players - investors+operator" you've got: "players - operator - investors". Doesn't make much difference from players' or investors' point of view.



I noticed you perceive investors in a traditional meaning (as shareholders), which isn't appropriate, they are players betting long term (on the house).

In terms of PRCDice, there are no shareholders, if there were, they'd be probably all in favour of the 'rake' system. Well, you can say that Dean is the only shareholder (afaik).



Anyway, I've seen on PRC chat that you're considering both options for your site and want to put it under voting. Great idea. Good luck with your site.

It's not poker, but it can work on similar basis. You can consider players and investors playing against each other. Investors engage their fund long-term and, in exchange, they got 1% edge, and the operator is set in between (taking the rake).So instead model: "players - investors+operator" you've got: "players - operator - investors". Doesn't make much difference from players' or investors' point of view.I noticed you perceive investors in a traditional meaning (as shareholders), which isn't appropriate, they are players betting long term (on the house).In terms of PRCDice, there are no shareholders, if there were, they'd be probably all in favour of the 'rake' system. Well, you can say that Dean is the only shareholder (afaik).Anyway, I've seen on PRC chat that you're considering both options for your site and want to put it under voting. Great idea. Good luck with your site.

I like the idea but as an investor you have more risks on your capital but you know you have a 1% edge if the operator is not cheating when the poker player can always tilt and be an underdog or be mistaken about his edge. I like the idea but as an investor you have more risks on your capital but you know you have a 1% edge if the operator is not cheating when the poker player can always tilt and be an underdog or be mistaken about his edge.

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Sr. MemberActivity: 616Merit: 250 Re: Back In Profit! Real Life, Live, House Bank Investment Comparison Table December 14, 2014, 12:56:23 PM #69 Quote from: Bitcoin Betting Guide on October 17, 2014, 02:29:06 PM On the 1st of October 2014 we invested ฿1 in the house bank of the top 9 bitcoin gambling investments sites

This is the performance as of the 25th of November 2014. There is a more recent update on the site



We will report and compare the performance of those investments as well as a key site stat that you wont find anywhere else. Expected annual return is based on the investors edge and how often the house bank is turned over. How many times the bank is turned over per year multiplied by the edge is the expected annual return.



We will update the figures and this thread at least every week. Here is the table



http://bitcoin-betting-guide.com/gambling-investments/gambling-investments-comparison-table/



We have also reviewed the operators here.



http://bitcoin-betting-guide.com/gambling-investments/gambling-investment-reviews/



It's still amateur hour out there i'm afraid, most sites leave something to be desired and some operators don't even reply when contacted. But we do love the house bank investment model and believe the industry will mature. The game changer will be a trustless implementation on the blockchain via a smart contracts... or something.

We will report and compare the performance of those investments as well as a key site stat that you wont find anywhere else. Expected annual return is based on the investors edge and how often the house bank is turned over. How many times the bank is turned over per year multiplied by the edge is the expected annual return.We will update the figures and this thread at least every week. Here is the tableWe have also reviewed the operators here.It's still amateur hour out there i'm afraid, most sites leave something to be desired and some operators don't even reply when contacted. But we do love the house bank investment model and believe the industry will mature. The game changer will be a trustless implementation on the blockchain via a smart contracts... or something.

what's the risk of those websites going offline? what's the risk of those websites going offline?

Bitcoin Betting Guide



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Full MemberActivity: 190Merit: 100 Re: Bitoin Dice Guide House Bank Investment Comparison Table For The Top 8 Operators January 23, 2015, 04:46:54 PM

Last edit: June 22, 2015, 03:44:16 AM by Bitcoin Betting Guide #88



http://www.bitcoin-dice-guide.com/dice-investment-comparison/



In the last 2 weeks



went from ฿1681 invested to ฿2661 and ฿135275 bet to ฿146375.



Our



With 10,000 coins wagered in 2 weeks at both



1. Unlucky

2. Faking turnover

3. Underpaying investors

4. Any combination of the above.



I am unable to login to CoinWin and it shows no bets and no balances. This is probably another runner but because I only noticed it today I will give it a while. If the anonymous operators are out there please contact me to return my ฿1.141



IceDice appear to have done a runner costing me another full bitcoin. For about 3 weeks the site has just been a grey screen saying



The system is down for maintenance



It'll be back shortly.

and the operator is not answering emails. I am not that surprised, I should have seen it coming by the multilevel marketing program and previous problems.



4 months in and we have lost 11% due to 2 sites scamming us. Even before the IceDice loss a friend asked me what bitcoin dice site I recommend he invest in, I told him none of them. They are run by the B team or the C team and the operator incentives are perverse (they make more money disappearing or fudging the numbers than running the site honestly).



People are recommending I add new sites that have the same business model and risk profile as those that have just scammed me. They could literally be run by the same people. Unless the site gives me the ฿1 to invest this would be idiocy on my part.



I am glad to see there is a lot of discussion about trustless solutions, when this is in place I will again consider recommending people invest in bitcoin dice sites. For now the ecosystem is full of snakes and amateurs and is best avoided. That realisation has made this a worthwhile experiment and I will keep adding to and improving the All figures are updated and its not pretty. See the table hereIn the last 2 weeks Peerbet had a nice bump from ฿1.07 to ฿1.132. Poket Rockets Casino went from ฿1681 invested to ฿2661 and ฿135275 bet to ฿146375.Our BitDice investment went from ฿1.046 to ฿1.064 with site invest growing from ฿1290 to ฿1506 and around ฿10,000 bitcoins wagered!With 10,000 coins wagered in 2 weeks at both Poket Rockets Casino and BitDice site profit should have gone up a lot more, we say this about BitDice over and over again, it seems they are either1. Unlucky2. Faking turnover3. Underpaying investors4. Any combination of the above.I am unable to login to CoinWin and it shows no bets and no balances. This is probably another runner but because I only noticed it today I will give it a while. If the anonymous operators are out there please contact me to return my ฿1.141IceDice appear to have done a runner costing me another full bitcoin. For about 3 weeks the site has just been a grey screen sayingand the operator is not answering emails. I am not that surprised, I should have seen it coming by the multilevel marketing program and previous problems.4 months in and we have lost 11% due to 2 sites scamming us. Even before the IceDice loss a friend asked me what bitcoin dice site I recommend he invest in, I told him none of them. They are run by the B team or the C team and the operator incentives are perverse (they make more money disappearing or fudging the numbers than running the site honestly).People are recommending I add new sites that have the same business model and risk profile as those that have just scammed me. They could literally be run by the same people. Unless the site gives me the ฿1 to invest this would be idiocy on my part.I am glad to see there is a lot of discussion about trustless solutions, when this is in place I will again consider recommending people invest in bitcoin dice sites. For now the ecosystem is full of snakes and amateurs and is best avoided. That realisation has made this a worthwhile experiment and I will keep adding to and improving the Bitcoin Dice Guide The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com

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LegendaryActivity: 882Merit: 1000 Re: Bitcoin Dice House Bank Investment Comparison Table: Now with 25% Scam Rate! February 12, 2015, 02:12:28 PM #125 Quote from: dogedice.me on January 30, 2015, 04:58:26 AM You should know that BitDice risks 1% of the bankroll, PRC or JD risks 0.5%.



Actually since Dec 31st we allow up to 10% risk for any investor and JD now offers any risk level up to 99% as far as I'm aware.



Quote The bitcoin dice investment industry: 37% scam rate & -24% ROI in 5 months"



The thread title and the stats posted are misleading and not representative of dice investment in general.



Some of the scam sites (on this list or not) were obvious or suspicious from the start and I and others tried to warn people of them.



But unfortunately people, including yourself, got scammed. It hurts the whole Bitcoin community, not just the gambling section of the forum and also makes it harder for all the legit Bitcoin operators.



The (total) ROI you posted isn't an accurate reflection of investing in the, very few, honest dice sites either.



Some of the investors at



Maybe you should keep the scam sites listed but show 2 figures for your ROI. One for your ROI from all the sites still in operation and one for the total like you have now? Actually since Dec 31st we allow up to 10% risk for any investor and JD now offers any risk level up to 99% as far as I'm aware.The thread title and the stats posted are misleading and not representative of dice investment in general.Some of the scam sites (on this list or not) were obvious or suspicious from the start and I and others tried to warn people of them.But unfortunately people, including yourself, got scammed. It hurts the whole Bitcoin community, not just the gambling section of the forum and also makes it harder for all the legit Bitcoin operators.The (total) ROI you posted isn't an accurate reflection of investing in the, very few, honest dice sites either.Some of the investors at https://pocketrocketscasino.eu/ have over 100% ROI in the past 6 months and on average it is positive for all investors with a much better ROI than investing elsewhere. Even your own stats show 40% ROI which is a very good return.Maybe you should keep the scam sites listed but show 2 figures for your ROI. One for your ROI from all the sites still in operation and one for the total like you have now?

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Full MemberActivity: 190Merit: 100 Re: Bitcoin Dice House Bank Investment Comparison Table: Now with 25% Scam Rate! February 28, 2015, 07:12:49 AM

Last edit: June 22, 2015, 03:50:02 AM by Bitcoin Betting Guide #133 Quote from: PocketRocketsCasino on February 12, 2015, 02:12:28 PM

Quote The bitcoin dice investment industry: 37% scam rate & -24% ROI in 5 months"



The thread title and the stats posted are misleading and not representative of dice investment in general.



Some of the scam sites (on this list or not) were obvious or suspicious from the start and I and others tried to warn people of them.



But unfortunately people, including yourself, got scammed. It hurts the whole Bitcoin community, not just the gambling section of the forum and also makes it harder for all the legit Bitcoin operators.



The (total) ROI you posted isn't an accurate reflection of investing in the, very few, honest dice sites either.



Some of the investors at



Maybe you should keep the scam sites listed but show 2 figures for your ROI. One for your ROI from all the sites still in operation and one for the total like you have now?

The thread title and the stats posted are misleading and not representative of dice investment in general.Some of the scam sites (on this list or not) were obvious or suspicious from the start and I and others tried to warn people of them.But unfortunately people, including yourself, got scammed. It hurts the whole Bitcoin community, not just the gambling section of the forum and also makes it harder for all the legit Bitcoin operators.The (total) ROI you posted isn't an accurate reflection of investing in the, very few, honest dice sites either.Some of the investors at https://pocketrocketscasino.eu/ have over 100% ROI in the past 6 months and on average it is positive for all investors with a much better ROI than investing elsewhere. Even your own stats show 40% ROI which is a very good return.Maybe you should keep the scam sites listed but show 2 figures for your ROI. One for your ROI from all the sites still in operation and one for the total like you have now?

The title and stats are not misleading, they are real life actual true figures, that is the point. You are right about some of the sites being suspicious, no actually all of the sites including yours are suspicious, but there is a continuum of less suspicious, such as

The title and stats are not misleading, they are real life actual true figures, that is the point. You are right about some of the sites being suspicious, no actually all of the sites including yours are suspicious, but there is a continuum of less suspicious, such as Pocket Rockets Casino to more suspicious, such as Coinwin and I reflect that with a trust rating on the reviews page , anyway in general means overall not just one end of the spectrum so my figures are representative in general. The total RIO is not supposed to be a reflection of investing only in sites which retrospectively have turned out to be honest so far (all sites are honest until their not). Anyone can see the RIO of the honest (up to now) sites listed individually. The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com

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LegendaryActivity: 882Merit: 1000 Re: Bitcoin Dice House Bank Investment Comparison Table: Now with 25% Scam Rate! February 28, 2015, 10:40:18 AM #136 Quote from: dooglus on February 28, 2015, 08:50:00 AM Quote from: Bitcoin Betting Guide on February 28, 2015, 07:12:49 AM there is a continuum of less suspicious, such as Pocket Rockets Casino to more suspicious, such as Coinwin and I reflect that with a trust rating

There surely is a continuum, but I've no idea how you're meant to figure out where any particular site lies on it. I've put my trust in two different dice sites and been shown to be wrong in both cases. They both looked very professional and well thought out to me, but turned out to be scams. Things are further complicated by the fact that as well as the honest <---> scammer continuum you also have the competent <---> incompetent continuum operating orthogonally to it. I think I made the mistake of thinking honesty was correlated with competence, and so ended up trusting the wrong sites.



tldr: bad guys can be smart

There surely is a continuum, but I've no idea how you're meant to figure out where any particular site lies on it. I've put my trust in two different dice sites and been shown to be wrong in both cases. They both looked very professional and well thought out to me, but turned out to be scams. Things are further complicated by the fact that as well as the honest scammer continuum you also have the competent incompetent continuum operating orthogonally to it. I think I made the mistake of thinking honesty was correlated with competence, and so ended up trusting the wrong sites.tldr: bad guys can be smart

I see what you did there. But I'll just let you know that I started Pocket Rockets Casino before your site opened, continued to operate while you were closed and still will continue to operate into the far future. In almost 2 years I have never lost a single satoshi of a player or investors money due to incompetence. But nice to see you still always trying to put the site down. I see what you did there. But I'll just let you know that I started Pocket Rockets Casino before your site opened, continued to operate while you were closed and still will continue to operate into the far future. In almost 2 years I have never lost a single satoshi of a player or investors money due to incompetence. But nice to see you still always trying to put the site down.

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LegendaryActivity: 882Merit: 1000 Re: The bitcoin dice investment industry: 37% scam rate & -24% ROI in 5 months February 28, 2015, 11:23:38 AM #137 Quote from: Bitcoin Betting Guide on February 28, 2015, 07:19:07 AM

More than ฿1000 per week bet at



More than ฿1000 per week bet at Pocket Rockets Casino , no change in profit.

There's been over 450 Bitcoin profit since the start of this year which isn't bad at all.

1000 wagered a week should expect 10 Bitcoin profit a week. So yeah it's been a little slower the past few weeks but still a lot in the past 2 months.



Quote from: Bitcoin Betting Guide on February 28, 2015, 07:19:07 AM all of the sites including yours are suspicious



What is suspicious about it? PRC has been around longer than almost all Bitcoin gambling sites without any investor losing money.



What is it people are waiting on me doing? How long does it take to be seen as trustworthy?



I even added the leverage system so I don't need to hold on to as much Bitcoin and give even less risk to investors.



The max bet at Pocket Rockets Casino is larger than all Bitcoin dice sites. I don't need more investment so there's no magic number I'm waiting on before running. I'd still prefer it to go down a bit, more people could use the leverage system for example.



I'm adding multi sig wallets for investor funds too (as soon as I can get a hold of most of the top investors).



I'm sorry you have had issues with some scam sites but none of that is a reflection or comparable to Pocket Rockets Casino, which has clearly proven to be the most trusted Bitcoin investment site.







There's been over 450 Bitcoin profit since the start of this year which isn't bad at all.1000 wagered a week should expect 10 Bitcoin profit a week. So yeah it's been a little slower the past few weeks but still a lot in the past 2 months.What is suspicious about it? PRC has been around longer than almost all Bitcoin gambling sites without any investor losing money.What is it people are waiting on me doing? How long does it take to be seen as trustworthy?I even added the leverage system so I don't need to hold on to as much Bitcoin and give even less risk to investors.The max bet at Pocket Rockets Casino is larger than all Bitcoin dice sites. I don't need more investment so there's no magic number I'm waiting on before running. I'd still prefer it to go down a bit, more people could use the leverage system for example.I'm adding multi sig wallets for investor funds too (as soon as I can get a hold of most of the top investors).I'm sorry you have had issues with some scam sites but none of that is a reflection or comparable to Pocket Rockets Casino, which has clearly proven to be the most trusted Bitcoin investment site.

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LegendaryActivity: 882Merit: 1000 Re: Bitcoin Dice House Bank Investment Comparison Table: Now with 25% Scam Rate! March 01, 2015, 01:08:56 PM #141 Quote from: dooglus on March 01, 2015, 06:49:56 AM Quote from: PocketRocketsCasino on February 28, 2015, 10:40:18 AM I see what you did there.



Yes, but nobody else did. I thought we had agreed that I wasn't going to point out problems with your site any more and you would stop trying to defend it. Wasn't that our truce?



Quote from: PocketRocketsCasino on February 28, 2015, 10:40:18 AM But I'll just let you know that I started Pocket Rockets Casino before your site opened, continued to operate while you were closed and still will continue to operate into the far future. In almost 2 years I have never lost a single satoshi of a player or investors money due to incompetence. But nice to see you still always trying to put the site down.



Well, you used to run a poker site, then when it didn't gain much traction you switched to running a dice site. I guess you can call it the same site even though the domain, game selection and even the design are completely different now. I'll stick to my side of the truce and not bring up old examples of losses suffered by investors due to incompetence.

Yes, but nobody else did. I thought we had agreed that I wasn't going to point out problems with your site any more and you would stop trying to defend it. Wasn't that our truce?Well, you used to run a poker site, then when it didn't gain much traction you switched to running a dice site. I guess you can call it the same site even though the domain, game selection and even the design are completely different now. I'll stick to my side of the truce and not bring up old examples of losses suffered by investors due to incompetence.

Yes we did but every time I come into the forum I see some snidey remark or little dig from you aimed at PRC. Doesn't sound to me like you're holding up to your agreement.



In regards to the other part and finnile's comment.

I opened a Bitcoin gambling website in 2013, in 2015 it still is a Bitcoin gambling website.

I'll just stick to the PRC thread from now. Yes we did but every time I come into the forum I see some snidey remark or little dig from you aimed at PRC. Doesn't sound to me like you're holding up to your agreement.In regards to the other part and finnile's comment.I opened a Bitcoin gambling website in 2013, in 2015 it still is a Bitcoin gambling website.I'll just stick to the PRC thread from now.

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Full MemberActivity: 190Merit: 100 Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! March 15, 2015, 04:43:46 PM

Last edit: June 22, 2015, 03:51:35 AM by Bitcoin Betting Guide #145



The news is the rise and rise of Peerbet has continued taking them to the top of the leader board for best return making them the 3rd site to make it there after Win88 and Pocket Rocket Casino.



In a nice development 3 out of 4 sites that did not scam me and have the relevant figures available are performing in line with expected annual returns



I have added another non investment operator to the reviews, that being FortuneJack who I recon are pretty good for a roll, more info here











http://www.bitcoin-dice-guide.com/dice-investment-comparison/ Ladies and Gentlemen all stats are updated except Bitdice because I cant log in since the site upgrade and Winn88 because their investment page is not outputting my balance.The news is the rise and rise of Peerbet has continued taking them to the top of the leader board for best return making them the 3rd site to make it there after Win88 and Pocket Rocket Casino.In a nice development 3 out of 4 sites that did not scam me and have the relevant figures available are performing in line with expected annual returnsI have added another non investment operator to the reviews, that being FortuneJack who I recon are pretty good for a roll, more info here http://www.bitcoin-dice-guide.com/bitcoin-dice-reviews/ The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com

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Full MemberActivity: 190Merit: 100 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! March 30, 2015, 05:16:17 PM

Last edit: June 22, 2015, 03:52:05 AM by Bitcoin Betting Guide #153 http://www.bitcoin-dice-guide.com/dice-investment-comparison/



Not much change on the table but Win88 did tell me my balance and it puts them back at number 1 but they don't get to go there since I still cant see it on the site.



Big changes coming up to the way Pocket Rocket Casino pays commission, the change has not started yet so I am not fully across it, perhaps Dean or someone cares to explain?



Wherever we have the option we set our investment to 1X Kelly as that seems the closet thing to a "standard" nowadays.



I went to Dicenow and there was a ball of tumbleweed blowing across it, seems to be kind of deserted. 6 months ago admin told me they were building version 2. IDK but other sites are changing and innovating but Dice now seem to be stuck in neutral and getting very little use.



Peace out.





All figures are updated againNot much change on the table but Win88 did tell me my balance and it puts them back at number 1 but they don't get to go there since I still cant see it on the site.Big changes coming up to the way Pocket Rocket Casino pays commission, the change has not started yet so I am not fully across it, perhaps Dean or someone cares to explain?Wherever we have the option we set our investment to 1X Kelly as that seems the closet thing to a "standard" nowadays.I went to Dicenow and there was a ball of tumbleweed blowing across it, seems to be kind of deserted. 6 months ago admin told me they were building version 2. IDK but other sites are changing and innovating but Dice now seem to be stuck in neutral and getting very little use.Peace out. The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com

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Full MemberActivity: 190Merit: 100 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! April 17, 2015, 07:50:36 AM #154



http://www.bitcoin-dice-guide.com/dice-investment-comparison/



PRC now pay them-self 0.25% of turnover commission from the bank no matter if investors profit or loss. If investors have a loosing month to bettors they will then lose even more by paying PRC commission on turnover. Where as most sites only take a commission from their investors when they win.



Also the 0.75% investors edge is 0.15% less than the standard 0.9% so you can expect to make less per bank turnover on PRC than other places but if PRCs bank turns over more often than other places that would make up for it.



I asked to withdraw my investment from Win88 as there is no point having a bunch of ? on the table. Chat support could not do it but they said admin to do it "soon".



I finally got around to reviewing Updated the figuresPRC now pay them-self 0.25% of turnover commission from the bank no matter if investors profit or loss. If investors have a loosing month to bettors they will then lose even more by paying PRC commission on turnover. Where as most sites only take a commission from their investors when they win.Also the 0.75% investors edge is 0.15% less than the standard 0.9% so you can expect to make less per bank turnover on PRC than other places but if PRCs bank turns over more often than other places that would make up for it.I asked to withdraw my investment from Win88 as there is no point having a bunch of ? on the table. Chat support could not do it but they said admin to do it "soon".I finally got around to reviewing Primedice and by golly its the best dice site I have ever seen! Beautiful design, fantastic auto-bet bot, near instant transactions, long history of trouble free operation. Everything works perfectly and is intuitive. The only problem is they don't have investment and max bet of ฿20 is a bit small, but if you want to play rather than invest go directly to Primedice , do not pass go and do not pay 200 clams. The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com

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LegendaryActivity: 1834Merit: 1008 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! April 21, 2015, 02:16:28 PM #161 Why are you so sure that your peerbet is the best when there is still so many dice sites that have higher bankroll than you guys, like dadice for example or may be primedice. There are so many dice site that got higher bankroll lo houseedge and still you claim that you are the best for investment. It doesnt make any sense

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LegendaryActivity: 1540Merit: 1016 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! April 21, 2015, 02:40:10 PM #162 Quote from: BTCevo on April 21, 2015, 02:16:28 PM Why are you so sure that your peerbet is the best when there is still so many dice sites that have higher bankroll than you guys, like dadice for example or may be primedice. There are so many dice site that got higher bankroll lo houseedge and still you claim that you are the best for investment. It doesnt make any sense



huge bankroll had nothing to do with the annual return. There are many several things to consider , one of the thing is that the house edge for investor , house edge for players and the wagered ammount in the site. The turnover is actually what you will gain as a investor and it had nothing to do with the bankroll huge bankroll had nothing to do with the annual return. There are many several things to consider , one of the thing is that the house edge for investor , house edge for players and the wagered ammount in the site. The turnover is actually what you will gain as a investor and it had nothing to do with the bankroll

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LegendaryActivity: 1540Merit: 1016 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! April 21, 2015, 03:41:10 PM #164 Quote from: NLNico on April 21, 2015, 03:31:03 PM Quote from: shulio on April 21, 2015, 02:40:10 PM Quote from: BTCevo on April 21, 2015, 02:16:28 PM Why are you so sure that your peerbet is the best when there is still so many dice sites that have higher bankroll than you guys, like dadice for example or may be primedice. There are so many dice site that got higher bankroll lo houseedge and still you claim that you are the best for investment. It doesnt make any sense



huge bankroll had nothing to do with the annual return. There are many several things to consider , one of the thing is that the house edge for investor , house edge for players and the wagered ammount in the site. The turnover is actually what you will gain as a investor and it had nothing to do with the bankroll

huge bankroll had nothing to do with the annual return. There are many several things to consider , one of the thing is that the house edge for investor , house edge for players and the wagered ammount in the site. The turnover is actually what you will gain as a investor and it had nothing to do with the bankroll



Since most sites allow investing on margin, bankroll shouldn't be used though but the "virtual bankroll" should be used. I tried to explain it before to OP but he seemed confused and I can't care too much to explain further. Without the "wagered" numbers it's unclear if the given numbers are correct but you should probably assume the "turnover / expected annual return" numbers are incorrect.

Bankroll is definitely relevant. Actually because the BR is so relatively small at peerbet your expected return is relatively high since with 1 coin you will have a bigger percentage of the winnings (and losses.)Since most sites allow investing on margin, bankroll shouldn't be used though but the "virtual bankroll" should be used. I tried to explain it before to OP but he seemed confused and I can't care too much to explain further. Without the "wagered" numbers it's unclear if the given numbers are correct but you should probably assume the "turnover / expected annual return" numbers are incorrect.

I see so bankroll is a definitive aspect for it too. Since you mentioned the wagered amount, I realized that there is none of it presented here and I do think that their is a flaw in the data since there is no formula presented here as well how do OP get the number of the annual return I see so bankroll is a definitive aspect for it too. Since you mentioned the wagered amount, I realized that there is none of it presented here and I do think that their is a flaw in the data since there is no formula presented here as well how do OP get the number of the annual return

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Full MemberActivity: 190Merit: 100 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! April 25, 2015, 04:34:33 AM

Last edit: June 22, 2015, 03:52:53 AM by Bitcoin Betting Guide #165 Quote from: NLNico on April 21, 2015, 03:31:03 PM

Bankroll is definitely relevant. Actually because the BR is so relatively small at peerbet your expected return is relatively high since with 1 coin you will have a bigger percentage of the winnings (and losses.)



Incorrect, The size of the bankroll and your % of the bankroll is irrelevant, if your ฿1 investment is 0.1% of a bank that is turned over 100 times per year with an investors edge of 0.9% you expect the exact same return as if your ฿1 investment is 10% or whatever% of a bank that is turned over the same amount of times and has the same investors edge.



What you might be getting at is that you could assume a smaller bank will be turned over more often and that would increase your expected return.



Quote from: NLNico on April 21, 2015, 03:31:03 PM

Since most sites allow investing on margin, bankroll shouldn't be used though but the "virtual bankroll" should be used. I tried to explain it before to OP but he seemed confused and I can't care too much to explain further. Without the "wagered" numbers it's unclear if the given numbers are correct but you should probably assume the "turnover / expected annual return" numbers are incorrect.



When I checked most sites did not provide a virtual bankroll figure, I am not confused by what it is or what figures should be used. Obviously the wagered numbers are used to calculate the turnover and the expected annual return.



Quote from: shulio on April 21, 2015, 03:41:10 PM I see so bankroll is a definitive aspect for it too. Since you mentioned the wagered amount, I realized that there is none of it presented here and I do think that their is a flaw in the data since there is no formula presented here as well how do OP get the number of the annual return



Annual return is current return extrapolated to a year with compounding, perhaps you mean expected annual return, see footnote 2 and 3 for on the page for that



http://www.bitcoin-dice-guide.com/dice-investment-comparison/



2 Bank turnover is how often an amount equal the house bank is bet. This is how often the investors edge should be realized. For example if a site has a 0.9% investors edge and it takes 23 days for the bank to be bet through, then investors should make 0.9% every 23 days. We tracking this over a rolling 90 days.



3 Expected annual return is how many times a bank turnover occurs in a year multiplied by the investors edge with compounding.



I guess I could/should wright out all the formulas as numerical equations as well as sentences as they are here... Incorrect, The size of the bankroll and your % of the bankroll is irrelevant, if your ฿1 investment is 0.1% of a bank that is turned over 100 times per year with an investors edge of 0.9% you expect the exact same return as if your ฿1 investment is 10% or whatever% of a bank that is turned over the same amount of times and has the same investors edge.What you might be getting at is that you could assume a smaller bank will be turned over more often and that would increase your expected return.When I checked most sites did not provide a virtual bankroll figure, I am not confused by what it is or what figures should be used. Obviously the wagered numbers are used to calculate the turnover and the expected annual return.Annual return is current return extrapolated to a year with compounding, perhaps you mean expected annual return, see footnote 2 and 3 for on the page for that2 Bank turnover is how often an amount equal the house bank is bet. This is how often the investors edge should be realized. For example if a site has a 0.9% investors edge and it takes 23 days for the bank to be bet through, then investors should make 0.9% every 23 days. We tracking this over a rolling 90 days.3 Expected annual return is how many times a bank turnover occurs in a year multiplied by the investors edge with compounding.I guess I could/should wright out all the formulas as numerical equations as well as sentences as they are here... The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com

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LegendaryActivity: 1876Merit: 1264DiceSites.com owner Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! April 25, 2015, 06:20:41 AM

Last edit: April 25, 2015, 06:35:51 AM by NLNico #166 Quote from: Bitcoin Betting Guide on April 25, 2015, 04:34:33 AM Quote from: NLNico on April 21, 2015, 03:31:03 PM

Bankroll is definitely relevant. Actually because the BR is so relatively small at peerbet your expected return is relatively high since with 1 coin you will have a bigger percentage of the winnings (and losses.)



Incorrect, The size of the bankroll and your % of the bankroll is irrelevant, if your ฿1 investment is 0.1% of a bank that is turned over 100 times per year with an investors edge of 0.9% you expect the exact same return as if your ฿1 investment is 10% or whatever% of a bank that is turned over the same amount of times and has the same investors edge.



What you might be getting at is that you could assume a smaller bank will be turned over more often and that would increase your expected return. Incorrect, The size of the bankroll and your % of the bankroll is irrelevant, if your ฿1 investment is 0.1% of a bank that is turned over 100 times per year with an investors edge of 0.9% you expect the exact same return as if your ฿1 investment is 10% or whatever% of a bank that is turned over the same amount of times and has the same investors edge.What you might be getting at is that you could assume a smaller bank will be turned over more often and that would increase your expected return.



It is something like this, right?



Yearly expected return = ( yearly wagered * edge = expected profit ) / virtual br *100%



Obviously bankroll is relevant since it's in the formula.....



Sure: if wagered is low, your return will be still bad despite BR. Sure: EV can be same even w/ bigger BR if wagered is bigger (eg: bank turnover is same.) But BR is relevant , just like wagered and edge are relevant.









Just because you like to use the term "bank turnover" and do something like this:



Yearly expected return = 365 / [(virtual br / (tracked wagered / tracked days)) = bankturnover] * edge



Doesn't change anything, since "virtual BR" is still in the formula and therefor relevant.



Quote from: Bitcoin Betting Guide on April 25, 2015, 04:34:33 AM Quote from: NLNico on April 21, 2015, 03:31:03 PM

Since most sites allow investing on margin, bankroll shouldn't be used though but the "virtual bankroll" should be used. I tried to explain it before to OP but he seemed confused and I can't care too much to explain further. Without the "wagered" numbers it's unclear if the given numbers are correct but you should probably assume the "turnover / expected annual return" numbers are incorrect.



When I checked most sites did not provide a virtual bankroll figure, I am not confused by what it is or what figures should be used. Obviously the wagered numbers are used to calculate the turnover and the expected annual return. When I checked most sites did not provide a virtual bankroll figure, I am not confused by what it is or what figures should be used. Obviously the wagered numbers are used to calculate the turnover and the expected annual return.



Example:



Site has 246 BR, but 245 on 10x and only you are on 1x. So virtual BR is 2451 BTC. Your return is 1/2451 of winnings and losses. Let's say wagered is 13529 coins in a year and investors get full 1% edge. We get:



EV = (13529*0.01)/2451*100 = 5.52% per virtual coin invested.



So for the 1x guy his profit would be .0552 per coin. For the 10x guys that would be actually 0.552 per coin. This adds up: (0.552*245+0.0552*1) = 13529*0.01 = 135.29 BTC profit.



If we use just normal BR:



EV = (13529*0.01)/246*100 = 55% per coin. That is wrong. Because the profit is: 13529*0.01 = 135.29 and you as 1x investor get only 1/2451 of this = 135.29/2451 = 0.0552 - not close to the promised 55% per coin. I am assuming you are doing this which explains the high wrong numbers for BitDice.











It is even pretty clear you use just bankroll:



BitDice has a virtual BR of 10,010 BTC. You say they need 10 days for bank turnover which is: 10010/10 = 1001 a day. 1001*195 days that you are tracking = 195,195 wagered. BitDice is currently at 102,132 BTC wagered in all-time of it's existence so you are using "normal BR" - which is wrong as explained above.







If the "wagered" numbers would be there I could calculate the exact correct bank turnover and expected annual return, but now I cannot. I am still sure they are incorrect though. I hope you understand what I mean now. Correct me if I am wrong. You are joking, right?It is something like this, right?Obviously bankroll is relevant since it's in the formula.....Sure: if wagered is low, your return will be still bad despite BR. Sure: EV can be same even w/ bigger BR if wagered is bigger (eg: bank turnover is same.) But, just like wagered and edge are relevant.Just because you like to use the term "bank turnover" and do something like this:Doesn't change anything, since "virtual BR" is still in the formula and therefor relevant.The question is if you calculate turnover with: bankroll/wagered or virtual bankroll/wagered. It should be the latter one and "bankroll" is completely irrelevant. Since you do list bankroll (and not virtual bankroll) it is still not clear which one you use. Calculating the virtual bankroll is btw dead easy, most times just max profit * 100 if edge is 1%.Example:Site has 246 BR, but 245 on 10x and only you are on 1x. So virtual BR is 2451 BTC. Your return is 1/2451 of winnings and losses. Let's say wagered is 13529 coins in a year and investors get full 1% edge. We get:EV = (13529*0.01)/2451*100 = 5.52% per virtual coin invested.So for the 1x guy his profit would be .0552 per coin. For the 10x guys that would be actually 0.552 per coin. This adds up: (0.552*245+0.0552*1) = 13529*0.01 = 135.29 BTC profit.If we use just normal BR:EV = (13529*0.01)/246*100 = 55% per coin. That is wrong. Because the profit is: 13529*0.01 = 135.29 and you as 1x investor get only 1/2451 of this = 135.29/2451 = 0.0552 - not close to the promised 55% per coin. I am assuming you are doing this which explains the high wrong numbers for BitDice.It is even pretty clear you use just bankroll:BitDice has a virtual BR of 10,010 BTC. You say they need 10 days for bank turnover which is: 10010/10 = 1001 a day. 1001*195 days that you are tracking = 195,195 wagered. BitDice is currently at 102,132 BTC wagered in all-time of it's existence so you are using "normal BR" - which is wrong as explained above.If the "wagered" numbers would be there I could calculate the exact correct bank turnover and expected annual return, but now I cannot. I am still sure they are incorrect though. I hope you understand what I mean now. Correct me if I am wrong. DiceSites.com ' List of dice sites w/ statistics, graphs & provably fair verifiers '

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Hero MemberActivity: 840Merit: 1000 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! April 25, 2015, 06:26:39 AM #167



Dadice is the new and reliable dice site, we can invest their house there, house is big enough, about 600 BTC bankroll. You can earn profits there, just click my signature to play and invest! I wanna see dadice will be listed on your site. OP, have you tired 1btc investment on dadice house?Dadice is the new and reliable dice site, we can invest their house there, house is big enough, about 600 BTC bankroll. You can earn profits there, just click my signature to play and invest!I wanna see dadice will be listed on your site.

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Full MemberActivity: 190Merit: 100 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! May 01, 2015, 06:12:47 AM #168





 Win88 no longer take house bank investment and did not have any way for me to check how my investment was performing, as such they are no longer a candidate for this table and I withdrew my investment witch was performing handsomely, returning over 50% in 7 months.



 We are now using virtual bank to calculate bank turnover and expected annual return where applicable (PRC and BitDice). This (and the lack of action at dicenow) brings the average expected annual return, not accounting for any scams or problems, to a very modest 7.09%. Less than you would make margin lending at Bitfinex, however if you did not invest in dicenow, it comes up to 21% and you could leverage up your kelly multiplier at PRC and BitDice to further increase your expected annual return.



 Rough fortnight on bitdice with our investment dropping from ฿1.058 to ฿1.046. House bank has fallen from ฿1239 to ฿1087 perhaps due to the lack luster investment results of 8% per year and people moving some coins to dadice.



 Dicenow house bank has plummeted from ฿988 to ฿599, probably for the same reasons as above. This would be good for the remaining investors except that there is almost no betting happening there...



Quote from: fox19891989 on April 25, 2015, 06:26:39 AM



Dadice is the new and reliable dice site, we can invest their house there, house is big enough, about 600 BTC bankroll. You can earn profits there, just click my signature to play and invest! I wanna see dadice will be listed on your site.

OP, have you tired 1btc investment on dadice house?Dadice is the new and reliable dice site, we can invest their house there, house is big enough, about 600 BTC bankroll. You can earn profits there, just click my signature to play and invest!I wanna see dadice will be listed on your site.



Why would I think it has anything less than a 33% chance of exit scamming? I have not seen so much excitement about a new dice site since dice.ninja and dadice has exactly the same opportunity and incentive to exit scam as they did. How is it different? Could it not be literally the same people? All figures are updated and I have made some improvements to the table Win88 no longer take house bank investment and did not have any way for me to check how my investment was performing, as such they are no longer a candidate for this table and I withdrew my investment witch was performing handsomely, returning over 50% in 7 months. We are now using virtual bank to calculate bank turnover and expected annual return where applicable (PRC and BitDice). This (and the lack of action at dicenow) brings the average expected annual return, not accounting for any scams or problems, to a very modest 7.09%. Less than you would make margin lending at Bitfinex, however if you did not invest in dicenow, it comes up to 21% and you could leverage up your kelly multiplier at PRC and BitDice to further increase your expected annual return. Rough fortnight on bitdice with our investment dropping from ฿1.058 to ฿1.046. House bank has fallen from ฿1239 to ฿1087 perhaps due to the lack luster investment results of 8% per year and people moving some coins to dadice. Dicenow house bank has plummeted from ฿988 to ฿599, probably for the same reasons as above. This would be good for the remaining investors except that there is almost no betting happening there...Why would I think it has anything less than a 33% chance of exit scamming? I have not seen so much excitement about a new dice site since dice.ninja and dadice has exactly the same opportunity and incentive to exit scam as they did. How is it different? Could it not be literally the same people? The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com

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LegendaryActivity: 882Merit: 1000 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! May 02, 2015, 07:02:25 PM #172 Quote from: casinobitcoin on May 02, 2015, 05:21:43 PM Thanks for the update. So what are your thoughts on DaDice?

-Peerbet team



Far too new for people to risk investing IMHO.



Also the hype in the forum seems to be mostly from paid accounts/shills and even multi accounts.



If you check their bets they already have 75 million in a very short time but the average bet is only a few satoshis.



They also have a weird bug that I reported soon after they opened. Watch the bets as they come in, after a few the bet id resets to an id you will have seen a few seconds before but the username, time etc changes.



They said they are next gen and revolutionary but from what I see they are not doing anything even different from Prime Dice, BitDice or any the other top sites. Which is fine but it makes the claims from all the shill accounts even more obvious.



I'd say wait another 6 months and then make a decision.



Disclaimer: I run the most trusted Bitcoin Dice site (most coins held by any site) but I have closed investment to new accounts so it's not like I am looking to stop people investing elsewhere so they can invest at Pocket Rockets Casino instead.

Far too new for people to risk investing IMHO.Also the hype in the forum seems to be mostly from paid accounts/shills and even multi accounts.If you check their bets they already have 75 million in a very short time but the average bet is only a few satoshis.They also have a weird bug that I reported soon after they opened. Watch the bets as they come in, after a few the bet id resets to an id you will have seen a few seconds before but the username, time etc changes.They said they are next gen and revolutionary but from what I see they are not doing anything even different from Prime Dice, BitDice or any the other top sites. Which is fine but it makes the claims from all the shill accounts even more obvious.I'd say wait another 6 months and then make a decision.Disclaimer: I run the most trusted Bitcoin Dice site (most coins held by any site) but I have closed investment to new accounts so it's not like I am looking to stop people investing elsewhere so they can invest at Pocket Rockets Casino instead.

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Full MemberActivity: 190Merit: 100 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! May 17, 2015, 01:27:56 PM

Last edit: June 22, 2015, 03:59:36 AM by Bitcoin Betting Guide #174



http://www.bitcoin-dice-guide.com/dice-investment-comparison/



Peerbet keeps roaring along with a big increase in profit and house bank.



Bitdice is down, has not been down for long and funds are still in the public cold storage address so no reason to worry about exit scam yet but still a bad user experience.



I might pull out of Dicenow as no one is betting there which gives me all the negatives of being in a house bank, like not being able to use those funds and counterparty risk but none of the advantages like return on investment. What do yall reckon?



Quote from: casinobitcoin on May 02, 2015, 05:21:43 PM Thanks for the update. So what are your thoughts on DaDice?

-Peerbet team



Seems like just another dice site to me. Not sure what they think the mean by "next generation" All figures are updated party peoplePeerbet keeps roaring along with a big increase in profit and house bank.Bitdice is down, has not been down for long and funds are still in the public cold storage address so no reason to worry about exit scam yet but still a bad user experience.I might pull out of Dicenow as no one is betting there which gives me all the negatives of being in a house bank, like not being able to use those funds and counterparty risk but none of the advantages like return on investment. What do yall reckon?Seems like just another dice site to me. Not sure what they think the mean by "next generation" The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com

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Full MemberActivity: 190Merit: 100 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! July 04, 2015, 05:10:08 AM

Last edit: July 04, 2015, 06:21:49 AM by Bitcoin Betting Guide #182 CHECK THIS OUT!!!!



http://www.bitcoin-dice-guide.com/dice-investment-comparison/



Lots of action at PRC in the last few weeks. Bump in profit and big increase in turnover and house bank from BTC 3188 to BTC 3878. I saw there was a whale betting huge I guess he lost pretty big, as long as theymos is having fun with the forum funds I guess Actually who do we think the whale was?



For the first time in months there was some action on dicenow, increase in turnover and house bank, profit down a bit.



For somewhere that reportedly gets a lot of action bitdice profit has been incredibly flat for incredibly long. Get your tin foil hats if you like.



Happy bitcoining! New update. Oh my god! Wow!! AMAZBALLS!!!Lots of action at PRC in the last few weeks. Bump in profit and big increase in turnover and house bank from3188 to3878. I saw there was a whale betting huge I guess he lost pretty big, as long as theymos is having fun with the forum funds I guessActually who do we think the whale was?For the first time in months there was some action on dicenow, increase in turnover and house bank, profit down a bit.For somewhere that reportedly gets a lot of action bitdice profit has been incredibly flat for incredibly long. Get your tin foil hats if you like.Happy bitcoining! The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com

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MemberActivity: 86Merit: 15 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! August 11, 2015, 02:19:56 PM

Last edit: March 29, 2017, 04:08:47 AM by bitedge #188



I have only just realised Peerbet take their 7% commission from investors at the time of withdrawal not in real time or weekly like other sites do. As such I have constantly overstated the Peerbet return by 7% but I have now corrected that.



PRC dice has stopped investment so they have been changed to a static result. They gave an annualized return of 75% so we have to say well done and good luck in the future.



10 months after we started I would say its a pretty sorry looking table. We have had 3 exit scams and 3 retirements (dicebitco.in is the one that is not shown). It seems the prime of Just Dice was the prime of dice investment in general, only a trustless system would get me excited again and get me to consider further investment. Here is the table Hi all, OP here. I change the name and address of the old Bitcoin Betting Guide to Bitedge. Full details here https://bitedge.com/blog/introducing-bitedge-the-improved-bitcoin-betting-guide/ I have only just realised Peerbet take their 7% commission from investors at the time of withdrawal not in real time or weekly like other sites do. As such I have constantly overstated the Peerbet return by 7% but I have now corrected that.PRC dice has stopped investment so they have been changed to a static result. They gave an annualized return of 75% so we have to say well done and good luck in the future.10 months after we started I would say its a pretty sorry looking table. We have had 3 exit scams and 3 retirements (dicebitco.in is the one that is not shown). It seems the prime of Just Dice was the prime of dice investment in general, only a trustless system would get me excited again and get me to consider further investment. Here is the table https://bitroll.com/house-bank-investment-guide/dice-investment-comparison/

Crypto odds comparisons. See the odds from top bitcoin sportsbooks side by side to get the best payout!

Honest, objective and thorough written and video reviews for the top crypto sportsbooks! https://bitedge.com/ Everything you need to make crypto sports betting fun and profitable! https://bitedge.com/odds-comparisons/ Crypto odds comparisons. See the odds from top bitcoin sportsbooks side by side to get the best payout! https://bitedge.com/bitcoin-sportsbook-reviews/ Honest, objective and thorough written and video reviews for the top crypto sportsbooks!

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LegendaryActivity: 882Merit: 1000 Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! August 12, 2015, 11:17:51 AM #192 Quote from: bitedge on August 11, 2015, 02:19:56 PM



Dice now have gone to the top in the greatest comeback of all time.



I have only just realised Peerbet take their 7% commission from investors at the time of withdrawal not in real time or weekly like other sites do. As such I have constantly overstated the Peerbet return by 7% but I have now corrected that.



PRC dice has stopped investment so they have been changed to a static result. They gave an annualized return of 75% so we have to say well done and good luck in the future.



10 months after we started I would say its a pretty sorry looking table. We have had 3 exit scams and 3 retirements (dicebitco.in is the one that is not shown). It seems the prime of Just Dice was the prime of dice investment in general, only a trustless system would get me excited again and get me to consider further investment. Here is the table





Hi all, OP here. I change the name and address of the old Bitcoin Betting Guide to Bitedge. Full details here http://www.bitedge.co/blog/introducing-bitedge-the-improved-bitcoin-betting-guide/ Dice now have gone to the top in the greatest comeback of all time.I have only just realised Peerbet take their 7% commission from investors at the time of withdrawal not in real time or weekly like other sites do. As such I have constantly overstated the Peerbet return by 7% but I have now corrected that.PRC dice has stopped investment so they have been changed to a static result. They gave an annualized return of 75% so we have to say well done and good luck in the future.10 months after we started I would say its a pretty sorry looking table. We have had 3 exit scams and 3 retirements (dicebitco.in is the one that is not shown). It seems the prime of Just Dice was the prime of dice investment in general, only a trustless system would get me excited again and get me to consider further investment. Here is the table http://www.bitroll.co/dice-investment-comparison/

PRC is still running with investment at the moment. Just not accepting new or allowing top ups. PRC is still running with investment at the moment. Just not accepting new or allowing top ups.

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MemberActivity: 86Merit: 15 Re: Bitcoin Dice Guide real life investment comparison: Dicenow now best investment! October 18, 2015, 12:33:09 AM

Last edit: March 29, 2017, 04:35:15 AM by bitedge #195



The big news in bitcoin dice since the last update is that the biggest and most trusted name in bitcoin gambling, Nitrogen Sports, now has an excellent dice product, reviewed here



https://bitroll.com/bitcoin-dice-reviews/



I think it looks great and what sets it apart is the overall quality of the operator with a long history of trouble free honest service where you get instant deposit and withdrawals and share your balance with the excellent sportsbook and poker games.



Its a shame there is no investment or auto betting bot and I dont like how you have to scroll up and down between the betting interface and your own bet results but overall I think its the best bitcoin dice option, although if you are a real dice only purist not in the US or Australia PrimeDice might still be best.



This is a milestone update for the bitcoin dice investment comparison



https://bitroll.com/house-bank-investment-guide/dice-investment-comparison/



It has been 1 year since we invested! It has been a terrible year for the bitcoin dice investment scene; with many scams, the best dice sites to play on not having house bank investment, the return of JustDice happening with an altcoin instead of bitcoin and no progress or innovation in producing the much needed trustless model for house bank investment.



The downward trend continues with 2 of our 3 remaining operators house bank shrinking (BitDice stayed the same). The headline result is that in 1 year of diversified investment in bitcoin dice house banks we lost 32.46%. A more careful investor would have had a better result but not enough to make it worth the risk, and an investor who is truly careful would not invest in any bitcoin dice house banks anyway.



Bitcoin dice house bank investment is dead for now and only a trustless implementation can bring it back to life.

Just a reminder I (Bitedge) am the OP (Bitcoin Betting Guide)The big news in bitcoin dice since the last update is that the biggest and most trusted name in bitcoin gambling, Nitrogen Sports, now has an excellent dice product, reviewed hereI think it looks great and what sets it apart is the overall quality of the operator with a long history of trouble free honest service where you get instant deposit and withdrawals and share your balance with the excellent sportsbook and poker games.Its a shame there is no investment or auto betting bot and I dont like how you have to scroll up and down between the betting interface and your own bet results but overall I think its the best bitcoin dice option, although if you are a real dice only purist not in the US or Australia PrimeDice might still be best.This is a milestone update for the bitcoin dice investment comparisonIt has been 1 year since we invested! It has been a terrible year for the bitcoin dice investment scene; with many scams, the best dice sites to play on not having house bank investment, the return of JustDice happening with an altcoin instead of bitcoin and no progress or innovation in producing the much needed trustless model for house bank investment.The downward trend continues with 2 of our 3 remaining operators house bank shrinking (BitDice stayed the same). The headline result is that in 1 year of diversified investment in bitcoin dice house banks we lost 32.46%. A more careful investor would have had a better result but not enough to make it worth the risk, and an investor who is truly careful would not invest in any bitcoin dice house banks anyway.Bitcoin dice house bank investment is dead for now and only a trustless implementation can bring it back to life.

Crypto odds comparisons. See the odds from top bitcoin sportsbooks side by side to get the best payout!

Honest, objective and thorough written and video reviews for the top crypto sportsbooks! https://bitedge.com/ Everything you need to make crypto sports betting fun and profitable! https://bitedge.com/odds-comparisons/ Crypto odds comparisons. See the odds from top bitcoin sportsbooks side by side to get the best payout! https://bitedge.com/bitcoin-sportsbook-reviews/ Honest, objective and thorough written and video reviews for the top crypto sportsbooks!

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Hero MemberActivity: 728Merit: 502 Re: After 1 year of diversified bitcoin dice house bank investment we lost 32.46% October 18, 2015, 02:47:36 AM #198 Quote from: panju1 on October 18, 2015, 02:06:14 AM 3 sites going bust out of 8. Not good at all.

Gambling at sites seem to have better odds than investing in gambling sites.



It's not entirely surprising though - given the fact that there is little to no accountability this is something the con artists are more than happy to do. Honestly I'm more surprised there aren't more dice sites trying to prey on people. Most of these sites are happy to exist for a year or so and go for the long con to eventually scam - although I do agree it is a sad state of affairs. It's not entirely surprising though - given the fact that there is little to no accountability this is something the con artists are more than happy to do. Honestly I'm more surprised there aren't more dice sites trying to prey on people. Most of these sites are happy to exist for a year or so and go for the long con to eventually scam - although I do agree it is a sad state of affairs.

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LegendaryActivity: 1288Merit: 1001New Decentralized Nuclear Hobbit Re: After 1 year of diversified bitcoin dice house bank investment we lost 32.46% October 18, 2015, 03:12:56 AM

Last edit: October 18, 2015, 03:23:02 AM by ndnhc #199 imo, having the same investment across all sites isn't a good idea.



Do the math and find the best investments (ROI). Consider how secure the investment is. Allocate a portion of the portfolio considering both of them (additionally consider the growth rate too). Review and make changes to the portfolio kind of every 2 weeks or so.



I have invested in 3 sites, all doing pretty good. Around 0.2% daily ROI estimate. Lost some because of CLAM price crashing, but still holding on for a couple of months.



This is for example, how I plan to make my portfolio.

Site %

secret dice site 45%

BitDice.me 30%

Other major sites (MP, JD (high risk), etc.) 10%, 10% and 5%.