Quote from: nelson4lov on June 06, 2017, 10:51:11 PM

Quote from: Mr.Joshua on June 06, 2017, 08:43:48 PM

I don't see how this is mathematically profitable to the average investor.

For example, Primedice (according to dicesites.com) has 2,772 BTC wagered through it's site since the end of May. Extrapolated for a months time would be about ~12,000 BTC or approximately $34 million a month.

With a house edge of 1% you would have an expected profit value of $340,000 a month, which is a significant amount of money, if you own all of the tokens and get 100%.

However, $5000 investment of ETH (~19 ETH as of today) would only yield 3800 tokens assuming you got it at the best price. (200 tokens / 1 ETH first hour).

Lets assume all 5 million tokens are sold.
3800 tokens is only 0.076% of the total 5 million available tokens (about $6.5 million at first hour price).

So if it was as popular as Primedice, 0.076% [of $340,000] would only net you ~$258 a month.

That is a full 19 months before you even make back your original investment of $5000!

Don't forget this is all under the assumption that idice would even become as popular as Primedice (been around 4 years) and would also do so instantly.

Your Maths skills are on point. But since iDice is a dividend paying token, I'd say It's a win win for everyone. The only type of project with a shitload of dividend per token is Taas or Iconomi. Those are Fund management projects, iDice isn't. Your original investments (where you got ~3000+ tokens) isn't in the waste bin as You can sell when iDice becomes available at exchanges. So yeah, This will be profitable for investors.

Quote from: iDice_io on June 06, 2017, 08:24:00 PM

Thanks for expressing interest! You have great questions and we'd be happy to address them!

Thank you for the detailed answers. I'm satisfied with them.

Great to hear!