Quote from: willphase on September 25, 2013, 09:57:40 PM

Quote from: RationalSpeculator on September 25, 2013, 09:42:56 PM

Quote from: willphase on September 25, 2013, 09:25:06 PM

For those saying to simply 'reduce your investment if you don't like the risk' - that isn't the answer either - if I've invested a certain amount of BTC on just-dice then I am expecting to make a certain amount per day on average and that amount is directly proportional to the amount I've invested - reducing my investment reduces my profit but keeps my risk exactly the same.

Does not compute. Please explain why your risk stays the same when reducing your investment.

Risk of loss of a certain percentage of my investment in JD. Not risk of loss of my total amount of bitcoin asset including that not invested. I suppose it's dependent on your definition of risk.

Will

Sure, you invest a lot of coins, or few coins, you always risked losing -80% of your investment with 1% max bet.

But equally, you invest a lot of coins, or few coins, you always had an expected return of 200% per year with 1% max bet.

So, saying that reducing your investment reduces your profit but does not reduce your risk is illogical. Can you see that?

And inversely, lowering the risk, like just happened by lowering max bet, also lowers the returns on your capital. Do you agree and accept this?

Will you stay invested in JD if a competitor does offer 1% max bet again, attracts the whales and offers much higher potential profit than JD, but with higher variance?