Post
Topic
Board Gambling
Re: bustabit v2 – No commission on investors & dilution fee lowered to 1%
by
devans
on 26/02/2018, 16:43:05 UTC
Guys, I am new to this and really want to invest some. So if the margin is 2:1, it means I can place 20 BTC onsite, and 10 BTC offsite right? Let say the current Bank Roll is 3000 BTC, I will get margin call at 1000 BTC or -2000 BTC profit, right?

Leverage of 2:1 means that your onsite investment can "control" a total investment twice its size. In other words, your offsite can be up to the size of your onsite (10 BTC in your example).

It is worth mentioning that while it might be tempting to set your offsite to something higher than you actually have, by doing so you would most likely end up earning less than you would otherwise. I recommend only investing offsite if you actually have the funds and are prepared to deposit them quickly in order to avoid a margin call if necessary.

Assuming your onsite is 10 BTC, your offsite is 20 BTC and the total bankroll is initially 3000 BTC, you will be margin called if the bankroll reaches approximately 2,030 BTC. At this point the remainder of your onsite investment can no longer cover the risk of a single round.

So let assume today profit is 100 BTC, so I will get 100*(30/3000) = 1BTC, right? (I understand that the commission is temporary 0% by now, but may change later)

In addition, I need to deposit first via CASHIER and then go to BANK ROLL to invest, right?

Thank you so much!

That's right, just deposit as you would normally and then add to the bankroll under Bankroll > Change Bankroll.

Your profit isn't added to your account's balance directly. Instead your stake in the bankroll simply becomes worth more. You can divest to realize your profits at any time.