Post
Topic
Board Gambling
Re: SafeDICE.com ★ Bitcoin Dice ★ Monero ★ 0.5% Edge ★ Fast Cashout ★ Since 2014
by
seuntjie
on 02/07/2016, 12:04:35 UTC
Why does my percentage of total site investment less than it should be? Is the bankroll bigger than is publicly posted? There is a very large discrepancy from what my percentage should be.

Did you leverage your investment? If not, you likely control a smaller amount of the bankroll (in terms of exposure), because most investors in dice sites use as much margin as possible.
I suggest you use the 2x Kelly (aggressive) if you want to feel the result of your investment, don't worry gambling sites always wins so your probability to win is higher only when whales are unlucky.

I am maxxed out on kelly on this site (2x). So if I am using the max margin shouldn't my percentage be easy to calculate? For example, 1 btc max margin in a 100 btc bankroll would be 1%. Or am I missing something here?
Really don't know how to calculate because I have not do it in my investment, I am just happy seeing my investment grow and sometimes hit by the whales.



Your invested balance is shown as actual invested. The total invested in the site is shown as Actual invested, but your percentage is shown as your virtual investment vs total virtual investment.

So Total invested: 100 Btc
Your total Invested: 1 Btc
Your kelly: 2x.
Your virtual Investment: 2 btc.
Total virtual investment: unknown.

So if you're the only person with a 2x kriteria in the whole investment, the virtual bankroll will be 101 (99 coins invested at 1x kelly, + 1 coin invested at 2 kelly = 101), thus your percentage = 2/101*100=1.98.


According to my own investment, the virtual bankroll should be at around 70.9 Btc. So if you calculate your percentage as (your total invested * your kelly)/70.9*100, you should get about the same percentage as shown on the site (there will be some difference in the decimals because of rounding on my side and yours etc, and if the site wins/loses a few coins between me posting this and you calculating it yourself, it's also going to make a difference).


Interesting note here: The average kelly of the site is 1.9x. That means that everything but around 2 coins is invested at 2x kelly.