Re: EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair
Everydice owner took pains to create that superlucky 1Dice player, instead of just taking all the money and run. Apparently he still hopes to attract more idiots to invest in his site.
Careful accusing people of scamming without proof.
Is there a bet history available for the payer so we can see just how lucky he has been?
I don't think that is smart thing to do while our site growing pretty fast.
Yes, bet history is available by clicking the bet number on the list of bets. But I think what you want to see is the summary of bets made by 1DiCe1 right? We can provide that too dooglus.
The problem with 1Dice1 winning so big is that he is ED's biggest player (by several orders of magnitude). If he elects to stop betting the big BTC on the site, it will take a long time for ED to earn its losses back (unless another heavy hitter or two begin playing).
That's exactly what happened at Just-Dice. nakowa hit us hard in the middle of July and again at the end of September, as you can see in this chart:
We were fortunate enough to recover from nakowa's beating within about a month, due to a few other large players suffering massive losses, but we lost a lot of investors due to nakowa. He replaced them for a while, investing his winnings in the bankroll, so he ended up winning twice: once from betting, and once from investing his winnings, profiting both from the collapse of JD's profit and from the subsequent recovery.
Note also that we're still over 35,000 BTC below expected profit, and expect to stay there indefinitely. I calculated recently that if we get average luck from now on, and continue with the same level of betting we've seen so far, it will take about 100 years for the site profit to reach 0.99%. And your 1dice player was much luckier than nakowa I think.
I think it would also depend on how much wagered per day the site got. It will be getting smaller when the Bitcoin price is keep on rising, but getting bigger if gambler start to see the opportunity of gambling using Bitcoin.
by popular petition here are my stats, and im not site admin lol
Congratulations 1Dice1 it is an incredible run; you will probably come back and play so the investors will have a chance to win back some of their losses
I believe in the long run the house will always win, yes. But the loses of 1DiCe1 doesn't affect any future event. The house edge is still 0.99% and variance is still there.