Post
Topic
Board Altcoin Discussion
Re: <<hashdice.com>>a simple litecoin dice game,play or invest,community friendly
by
hashdice
on 03/07/2013, 02:05:34 UTC
I don't get your investment idea.

It seems to me that the investor will actually be losing a lot of money.
The investment will work as prize pool,the 'profit' is the intrests,not included the amount you invest.
So,investor won't losing money.
Check out tab 'Investment' and 'Funds',you will figure it out.

Alright so your formula works like this:

(Bet amount) * (Traffic Share) * (your investment amount) / (all funds now)

Lets say I invest 15LTC  for 1 day with a traffic share of 0.15%, and that there are 13LTC bet that day (average for your site).

That will be 13*.15*15/50; or only 0.585LTC.

There has to be about 350 LTC bet on one day so I can make 1 LTC back, which is not happening with your site traffic atm.

Also why is the min for all investments 10 LTC? It makes sense for people to choose the longest one with the highest traffic share.


Edit: Ah I see what you mean. Can you add that is the formula for the amount of interest you gain to your site?
Sure,we'll make it more clearer.
As for min investment amount,We'd like more investors to keep site stable and popular,and 10 LTC is a amount mostly people can afford.
The longer you invest,the more stable we are,and we pay you more,it's reasonable.