Quote from: adamstgBit on January 04, 2013, 09:15:09 PM

Quote from: adamstgBit on January 04, 2013, 04:56:53 PM

I'm thinking of buying some S.DICE shares,and so I'm trying to get an estimate of the bonds annual yield

100 shares = 0.001% of all shares
assuming dividend pay out of 1,000BTC / month to share holders = 0.01BTC dividend pay out / month for 100 shares
100 shares cost ~0.4, so an investment of 0.4BTC will yield 0.12BTC a year ~30% annual yield

not bad, eh?

should i hit the buy button? Cheesy

my calculation are dead wrong.
their are actually 100,000,000 shares, 90% of which is held by the owner, 10% of which was sold as IPO

Quote

Based on current profits, 1000 shares will earn .0299 BTC monthly (0.3588 BTC yearly) which is roughly a 8.79% annual dividend yield at IPO prices.

not as HOT as i thought but still, a good place to park some coins

Your math is still wrong. Earnings are ~10,000/month on 530,000 betting volume. Only 1,000/mo currently gets paid out to MPEX shareholders, since the float is 10% of total stock.

30% return a year, assuming you don't reinvest and no growth (BTW, 150,000 coins bet in the first 3 days of this month vs. 530,000 all of last month).

Also, you can't ignore the stock valuation growth. In the last month the stock value has gone from 0.0034 to a peak of 0.0048 (41% gain). Currently trading below .0048 for the moment, but that won't last long.

-Bug