Quote from: devans on October 01, 2019, 03:07:25 PM

Quote from: JollyGood on October 01, 2019, 10:26:17 AM

That is the part that confuses me, in essence if investor profits drop by an estimated 33% then it should have investors concerned but devans thinks he has the correct formula to take Bustabit/Bustadice further and to be honest it is hard to argue with him because of his excellent track record. How do investors reconcile perfectly held belief and trust in devans along with a drop in profits by 33% - that is something difficult to accept.

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I think keeping the equilibrium aside several investors are a little upset they were not advised beforehand or maybe even consulted before the changes were made. I know you made a post explaining your reasons so I hope they would be satisfied with the explanation.

Is it really necessary to say that 5000+ BTC and 6500 BTC are significantly larger bankrolls than they need to be? Another way of looking at it is the size of bankrolls are advantages and are attractive to investors in that others would want to invest as it shows the website and its owner are genuine/trustworthy etc. Maybe a change in format should have been implemented after consulting investors so that would have eased the transition better.

I explained my reasoning for not providing an advance notice in bustabit's thread:

Quote from: devans on September 30, 2019, 05:48:01 PM

Giving an advance notice is something I considered, but ultimately decided against because it would have made virtually no difference to existing investors. Had I announced the change a few months ago your only options would have been to remain invested or divest, the same options you have now.

Having an unnecessarily large bankroll is not an advantage. For one it's an unnecessary liability. All other things being equal I'd rather be responsible for 3,000 BTC or 4,000 BTC of investors' money than 5,000 BTC or more. It also indicates that the casino is charging investors below market value. Ideally the bankroll is just large enough to support all bets that players want to place and no larger. First and foremost bustadice is a casino and its players the customers, so attracting a large bankroll is not the end goal but the means to the end of allowing our players to bet.

well, if the new terms would make me decide thst it is not profitable (while it was under the old terms, expected profits decreased 33%) i will have to withdraw and i see that as a loss of 2% of my bankroll (what it would have cost me to get this bankroll invested the second before you announced this). Don't think it is fair in that way.

I do understand why you do it, but that is not important when we talk fairness. You are doing something that was not agreed on with other peoples money. imo that is unfair