So to effectively stake I should invest my CLAMs at Just-Dice? Is there any real downside to that?
I had thought they would constantly stake, but I only have my computer on for a few hours a day, so guess it isn't going to be worth it in the clam wallet.
I updated to the new wallet and now it says I should stake in 1 day! A big difference!
If you invest at Just-dice you will make more money, but you will be contributing to CLAM being centralized.
I have read what was written above your post but i still dont get it. Why do you earn more staking on just-dice? As far as i know clams are spread proportionally to the amount of clams on an address. So if you have many you will get stakes more often.
On JD- you have a -10% fee. And some plus because of gamblers money whose stakes are added to investors.
But besides that it sounds to me like its only like poolmining. Stakes happen more often. There is no difficulty that would make you want to get staked faster too.
So at the end it should average out if you stake on jd or in your own wallet.
Then why do you earn more on jd?
JD orphans blocks of those who don't stake with it due to how many coins are staking there.
House edge as addition income on top of the stakes. (this varies... if you invested 2 weeks ago you'd disagree)
Say someone only has 10 CLAMS... well staking on their own is a up hill battle with time + orphans and by going just with the Just-dice centralization they get instant returns. Otherwise they may wait a year and never hit a block sucessfully (or maybe they hit one right away... the very base of these cryptocoins is gambling through mining/staking.)