Quote from: KimNam on June 26, 2014, 01:50:12 PM

Quote from: zimmah on June 26, 2014, 10:30:31 AM

Quote from: alex21btc on June 25, 2014, 09:20:44 PM

I want invest on betting site. What is your recommendation?
Just-dice is dead...

Find a website where there are many gamblers but not too many investors.

If tehre are very many investors compared to gamblers the profit will be low.

There are at least 4 websites other than just dice where you can invest in.

Satoshicarnaval [link] [thread] (Very new website, only 2 weeks old, looks very promising to me, low house edge of 0.48% so good for gamblers)
PRCdice / pocket rocket casino [link] [thread] (A dice site as well as a casino with poker and blackjack)
Dicenow [link] [thread](Biggest of these websites by far)
Everydice [link] [thread] (Just listed this for completion)

thanks for listing it
satoshicarnival seems interesting place to invest, new casino (around 1 month already) and 0.48% house edge will attract many players because that edge will good for them
but does 0.48% houdse edge means higher chance for casino/house to loose?
and if they loose, we'll see lesser profit from our investment?

the house edge is actually from 0.48% to 2.3% it depends on which planet you bet on.

They have a visual dice game where you select one of the planets or the moon or a star system.

Every space object has different rules and house edge.

Code:

moon = 0.48% house edge, 49% chance of hitting and 2.031x multiplier. max profit is 0.12% of house bankroll (1/4 kelly). Minimum bet is 1000 satoshi
Mars = 0.6% house edge, 28% of hitting and 3.55x multiplier, max profit is 0.15% of house bankroll (1/4 kelly). Minimum bet is 100 satoshi
Saturn = 0.7% house edge, 15% chance of hitting and 6.62x multiplier, max profit is 0.175% of house bankroll (1/4 kelly). Minimum bet 100 satoshi
Neptune = 0.8% house edge, 5% chance of hitting, 19.84x multpler, max profit 0.2% of house bankroll (1/4 kelly). Minimum bet 100 satosh
Pluto = 0.90781% house edge, 1.923% chance of hitting, 51.53 multiplier, max profit 0.227ish% of bankroll (1/4 kelly). Min bet is 100 satoshi
Andromeda galaxy = 1.222% house edge, 0.978% chance of hitting, 101x multiplier, max profit 0.611% of house bankroll (1/2 kelly). Min bet 10 satoshi
Orion = 1.58455% house edge, 0.09891% chance of hitting, 995x multiplier, max profit 0.792% of house bankroll (1/2 kelly). Min bet 10 satoshi
M82 (kind of jack pot) = 2.35% house edge, shows 0.00009% of the time, multiplier over 1 million, max profit 1.17% of house bankroll (1/2 kelly). min bet 10 satoshi

as you can see the higher the risk for the bankroll, the higher the house edge. Therefore even if someone gets a lucky streak, it will not be a big risk to the bank. In case the bank has a streak of bad luck you will lose a percentage of your investment indeed. But the system is set up to be fun for gamblers and reasonably safe and profitable for investors. It's one of the best concepts i have ever seen to be honest.