Quote from: devans on February 26, 2018, 04:35:28 AM

Quote from: quickmaffs on February 26, 2018, 04:00:28 AM

This site is a sham.

It does not follow 1x kelly and all investors will eventually lose all their money.

RHavar and devans lied about the kelly criteria all while getting their fixed share. They both need to be tagged here and outted on Reddit.

Could you clarify what you think I lied about, please? We openly discussed the reasoning behind accepting some >1x Kelly rounds in this very thread as early as two weeks ago. The site makes no secret of risking 1.5 % of the bankroll per game either.

The worst possible scenario of a single player controlling all bets in a round and targeting a single multiplier has a risk of 1.5x Kelly for investors. At this risk investors still have an expectation that their investment will grow, assuming they don't abuse the offsite system to overleverage.

I am the only the one whonormallyreceives any fixed commission from bustabit. A little over a week ago I suspended the commission in order to help investors recover and prop up the max bet and profit.

Quote from: devans on February 26, 2018, 04:35:28 AM

Quote from: quickmaffs on February 26, 2018, 04:00:28 AM

This site is a sham.

It does not follow 1x kelly and all investors will eventually lose all their money.

RHavar and devans lied about the kelly criteria all while getting their fixed share. They both need to be tagged here and outted on Reddit.

Could you clarify what you think I lied about, please? We openly discussed the reasoning behind accepting some >1x Kelly rounds in this very thread as early as two weeks ago. The site makes no secret of risking 1.5 % of the bankroll per game either.

The worst possible scenario of a single player controlling all bets in a round and targeting a single multiplier has a risk of 1.5x Kelly for investors. At this risk investors still have an expectation that their investment will grow, assuming they don't abuse the offsite system to overleverage.

I am the only the one whonormallyreceives any fixed commission from bustabit. A little over a week ago I suspended the commission in order to help investors recover and prop up the max bet and profit.

You have forced investors into getting margin called by misrepresenting the kelly criterion exposure, even though you say "bustadice[/bustabit] keeps track of your offsite investment and automatically adjusts your leverage to ensure that you are always exposed to the optimal amount of risk.". This is a lie.

You claimed that a single player could only bet 1% of the bankroll, when in fact, a player can bet over three accounts (ie: whatevs, whatevvs, whatevvs) and win up to 1.5% of the bankroll.

You've taken no steps to prevent this from happening. You have not warned investors that this has been actively taken place for a while and that their offsite investments are exposed to higher criterion levels that they agreed to based on your ~~words~~ lie!

You and RHavar keep lying and you've cost investors millions of dollars while you have profited over a million dollars yourself.