For everyone's information - I am speaking with the admin at kingdice at the moment and asking a lot of questions. We may end up investing there as well.
Could you start a separate thread or post the list of questions and respective answers from KingDice here after you finish your inquiry? In my view, a lot of people would be interested to hear what they have to say and then decide about investing their coins into the bankroll of that casino. A chart with their former results would be greatly appreciated too.
This is a great idea, I liked the answers I got from the questions I asked and I might do a blog post on it. If you have any specific questions you want asked let me know and I will ask the admin.
In the meantime we now have 1 Bitcoin invested in KingDice!
Will report on it as per the other investments weekly
Come on KingDice!
I have been following your thread for a long time and i have to warned that this investment on kingdice. With just 1btc invested can make up 7.5% of the bankroll, it seems like the bankroll is very small and the site does not have a strong rep yet.
Appreciate hearing your concern for us and a new dice site definitely comes with risks. At least making this public with our investment and constantly covering it, the community here can get some good insights.
If the site does go well, it is very exciting to have such a large amount of the bankroll in my opinion.
Some quick stats - the site takes 50% of the net profit and the HE is 1%. Net profit share is much better than off every bet in my opinion.
There is no kelly options yet or maybe that will not be added and the max win is 1% of the bankroll. This is a little more leveraged than Crypto-Games for example (approx 0.5% of bankroll), but Crypto-Games also has a lower HE at 0.8% for Dice. So I think this is a pretty reasonable profit share split.
I am not a big dice gambler personally, but I do rate the graphic design and user interface of the site a lot more than most of the Bitcoin Dice sites around.
Let's see how we go in the weeks ahead
We will let everyone know!