Become The Banker | Earn Passive Income
○ Invest in the bankroll and earn daily invome proportional to your contribution.
○ Open and close investmen positions at any time
○ More the player wager, more is the expected profit
How does investing work?
The game needs the bankroll so that players can place bets. If a player wins, the funds move from the bankroll to the player. If a player loses, the funds move from the player to the bankroll.
Investors supply funds for the bankroll in exchange for shares proportional to their contribution.Investor can open and close investment positions at any time. The moment an investment is opened, the initial investment amount is exchanged for the share in site bankroll with percentage equal to the ratio of contributed funds to the bankroll fund. When an investment is closed, the share is exchanged back for funds according to the current bankroll amount.How do investments earn profit?
Profit from the dice game is the main source of investors' profit. The site has 1% house edge over the players, so the expected site profit is 1% of what the players wager. In other words - the bankroll is expected to increase while the players play.
Each investment has a share in site bankroll, and when the bankroll increases while players play, the current value of the given investment increases.
Note that although the site has statistical advantage over players and profit is expected in the long term, this is not a guarantee of the profit. Investments can lose coins when individual players win coins from the bankroll.
What is the investment commission?
Commission is taken from the expected profit the site would make, which is based on the amount wagered for each bet.
The commission is taken live, so the investment value you see is exactly the amount you'd get when closing the investment. Technically we are moving 0.5% of the wagered amount from the bankroll to the commission fund as bets happen, so this preserves investment shares and simplifies things a lot.
The running commission is taken regardless of how much profit the site makes. If the site makes more coins than expected, they all go to investors. If it makes less, the commission is still taken. In the long-term it should not matter much though.
How can I trust SatoshiDice.io?
We understand investors would like a peace of mind knowing there investments are protected in safe hands. Therefore, we will mention the way to handle our investors' fund as follow.
Transparency of Investment Fund
We aim to be fully transparent with all investment reserves. To accomplish this, we will post our cold wallets bitcoin addresses together with the signatures to prove that the funds are safely held by us. Investors are able to inspect the funds in the cold wallet at any moment to ensure safety of funds.
Security
We take security seriously, at any given time, over 98% of funds will be stored in our hardware cold wallets, Trezor. This ensures that the majority of coins are stored offline, and large transactions require manual verification and a physical action to move the coins to our hot wallet.
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