Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
dooglus
on 13/07/2013, 21:53:36 UTC
On the other hand, investors seem surprised to have lost a significant (6%?) part of their investment. This surprise may be because somewhere it was stated that investors risk max 1% of their bankroll. This may be deceptive as the risk is max 1% for each bet! In fact, it is not unlikely to lose 10-20% of your investment when a big player plays for a long time and is lucky.

Is the site unclear on this point anywhere?

It says:

"On each bet, each player can profit by up to 1% of the house's bankroll."

(emphasis mine).  Is there anywhere that this needs clarifying.  I don't mean to suggest that the 1% risk is all you'll ever risk.  It is "per roll".