Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
elm
on 01/10/2013, 15:58:17 UTC

Probably the author is the one of the email who did not receive the 400BTC :-D. Not much sense in that article however.

yep it could be the one who send the ugly blackmail letter. but I dont agree with You that the article/theory doesnt make sense. it is a possible scenario imo.

+1

Yeah, it must be the blackmailer, and you are correct, the scenario he describes is not non-sensical. In fact it's entirely possible, and furthermore, from day one Dooglus himself mentioned this was a weakness and that he could not find a trustless way to implement the site. Just look at the first 25 or so pages from this thread. He addresses this.

This, btw, is why that ransom demand was so ridiculous-- he was merely threatening to make public  a theory which Dooglus made public as a possibility on day one (or day 20ish).

good to see that at least one is trying to think in a game theory way. and yes doog mentioned the  problem himself a few times. and I am wondering why it is not discussed here how to find a 100% way to secure also the operator and investors in a provably fair way. I just dont get it. we are talking about millions of $$$ at risk. I could in my simple words explain how I would like to see it and if it is possible why the OP and investors wouldnt like to implement it. until now they even didnt care to discuss it. I am not a genius I am just realistic and think one has to be open minded and see all possibilities.

please dont shoot me Smiley

My proposal is to put a very low maxbet, at least smaller than 0.125%. In that case it would be statistically impossible to hide a consistent cheat. But at the same time the website would lose much of its appealing...

please let add another important point that it looks like no one is taking notice of. please show me one casino that has no minimum and maximum bet and is going up and down with the maximum bet like JD. there is no imo.  a normal and healthy casino has a bankroll that is only used to pay out the winners and the bankroll is not jumping in and out and changing each few minutes/hours the maximum bet. that makes the difference in the outcome and result of JD.