Quote from: GOB on September 26, 2013, 05:37:50 AM

Quote from: Peter R on September 26, 2013, 04:20:45 AM

Quote from: GOB on September 26, 2013, 03:22:07 AM

tl;dr forget buckets, and tiers. User-selectable risk is what Doog is implementing and it's going to be siiiiiiiiick. Honestly, it will improve the site, not just settle this discussion.

+1 GOB

And then dooglus, as site operator, doesn't even have to care what the "optimal % max bet" is. All he has to worry about is the *user* experience (the gambler not the investor

).

Thanks.

As for Doog, it's more complicated than that! He both has to worry about the user experience for both user and investor. Assuming he stays divested, his income depends on his commissions on investor earnings. That requires both more investment and more gamblers. Plus the huge max profits and crazy whale stories are what will keep driving traffic to the site.

I do share your sentiment, but approached it from a different lens. I guess we can look at it as Doog increases participant satisfaction by simply increasing bet volume, since

-more volume means gamblers must like it

-more volume means greater expected aggregate profits over time

And, like you said, volume is driven by huge max bets, crazy whale stories, and confidence in the site and its technology.