Post
Topic
Board Scam Accusations
Re: DADICE : exposing investors to more risk than their kelly, misleading informatio
by
PocketRocketsCasino
on 09/07/2015, 11:41:15 UTC
Do they not teach math in your country. If you use 1% of bankroll as max bet you get an exponential decay in bankroll that never reaches 0.
To teach you this its easier in a chart form. The bankroll is on the Y-axis and the winning bets in a row is on the X-axis. You can see that it never reaches 0, although it does reach close enough to 0 at some point.
This means you can always payout the full winnings of the user regardless how lucky they are, the worst case scenario is that the user cashes out the entire bankroll and you have nothing left. You will always be able to pay what is owed if you use this method.

The reason is "commercial" not "technical". We have started with 20 BTC max. payout for a "reason", and commercially we are doing good. This issue has been discussed before:
https://bitcointalk.org/index.php?topic=973765.msg11441671#msg11441671 so there is no need for us to answer it again and repeat same things over and over again.

as admitted, the manual was taken from dean's site but links were later link was removed from our interface.
I am talking about the lie on your page, I invested at kelly 10 and you placed it at kelly 29 according to the kelly criterion. THAT IS THE PROBLEM


Actually, as a player wins more, your Kelly goes up exponentially until there is no money left to pay out the player.
That is the problem, kelly should be fixed liked on all other dice sites which don't have this problem.

Isn't what dadice said that kelly is fine, manual was wrong and accordance to PRC? where did you get link to it I also don't see it on site. And PRC admin made post here that it was word to word copy something but I dont know why he deleted that post.
I am discussing the problem with PRC
Yes, dadice copied the info for PRC word by word but didn't implement it. This means the information on their website was not according their system.

I removed my post because I mentioned how you copied my page but it seems you removed that page anyway.

There certainly is no problem with the kelly system at PRC which has been in place since Jan 2015 and no one has found any issues. In fact investors have made a profit of around 1400 Bitcoin with that system.

But when things keep going wrong on your site you can feel free to keep taking shots at PRC if it makes you feel better.