Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
Keyser Soze
on 15/01/2014, 04:27:33 UTC
I just gave three scenarios in which it might be useful.

[...] there are a couple scenarios in which a higher "leverage" on Just-Dice is advantageous over a higher investment amount. There are more, but three spring to mind:

  • A lack of perfect trust in dooglus, dooglus' computer skills, etc
  • A lack of bitcoins
  • Having taken out a loan to invest in Just-Dice (not that I condone this one)

We must be talking about two different things then. I am referring specifically to individual investors being able to change from the default 0.5% max profit, not leverage.

Alright, alright. I give up. I apologize for using a slightly incorrect word, in scare quotes, to describe the topic at hand. I had no idea it would cause this much confusion, and I certainly never thought someone would reply to a post with less than 200 words without actually reading the whole thing.

My mistake then. Yes, some people may find it advantageous to potentially increase their profit and variance. It's hard to say how much it will really affect things though, the site rarely has bets for BTC100+ profit.

The implementation, as I understand it, is still no easy task though...