Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
PacoMartin
on 18/06/2014, 21:09:23 UTC
If I take the statistic of 2386BTC wagered/day it gives an expected return of 18.67%/year
A player loosing 500BTC and nice profits brought thousands more in the bankroll
Hopefully for investors, big whales will come or players will divest, players will divest if a whale will big when it is actually a better time to invest more because the whale may come back to play and the bankroll is lower


That sounds almost correct. The value 2386*.9%=21.5 BTC per day. Seems like 15.7% of 50K BTC.

My suggestion was to filter out all the bets in the first few months, and look for ones that profit was over 0.5% where the odds of winning were 49.5% or better (rule out the jackpot bets). If it turns out there is only a dozen, and they were all Nakowa. You could list the ones he lost and the ones he won.

So rather than go back up to 1% of Bank to entice a whale, just point out that Nakowa won 10,000 BTC and only broke the current rules a limited number of times. It could be all the motivation that will make a whale want to play.

Right now, he has a blog of Nakowa crying that they changed the rules on him mid-play and that is dishonest.