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    Author Topic: DaDice.com - Next Gen Social Gambling Dice Experience | Progressive Jackpot  (Read 257873 times)
    dadice (OP)
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    June 03, 2015, 09:53:00 AM
     #1861

    except that youre not making any profit, despite those "awesome" stats  Grin

    It seems like you dont know how casino work. The house edge for the site is 1 %, it means that they will be getting a profit of 1 % wagered amount from the site, or that close to 1 %. The more people wager, the more casino will get from the house edge

    it seems you're just posting because of the sig campaign you're participating in, please keep your useless spam to yourself. thanks  Cool

    ot: check their stats - revenue is ~37BTC right now. and their sig campaign alone has cost them over 38btc(https://blockchain.info/address/13tcm29K3N39uSsiDRLN9aQwLdvA9zFWJv) so far. not to mentoin, that if you add up the numbers on their leaderboard you'll come eventually to the conclusion that a lot of money "won" by the site is faucet money indeed. almost every user on that site is a faucet leech. additionally what the leaderboard ain't showing you, ist that over 20% of the site's total wagered amount was done by members of their team (dadice_dev & dadice(sid?))

    edit: sig campaign escrow adress added, a few typos corrected

    Add to this wages of about $1,700 week, since we have full time staff, other competitions of at least $1,000 monthly, banner advertising costs, server and cloudflare costs etc. As with every start-up, there is no profit for a considerable time. But we are very well funded to go on like this for a long time to come.

    <- My trust rating is a joke, due to the poor and worthless implementation of trust ratings at bitcointalk.org
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