Most visitors only visit the front page. It's impossible for alexa to work out how long they stayed for because there's never an end event of them visiting another page. So your stats are invalid.

Do you have a computer near you? Maybe use it to do your calculations because pulling numbers out of your ass isn't working.

50e3 * 250 = 12.5e6, agreed.
12.5e6 * 152 * 60 != 1.275e10 though.
12.5e6 * 152 * 60 = 1.14e11. So you're a factor of around 10 off there.

And 532 bets in 1.14e11 seconds is 214 seconds per bet.

I don't know if you think that 0.04 bets per second sounds like a lot, but that's the same as 25 seconds per bet. That's not very fast at all.

Or they are entirely different types of sites.

SatoshiDice is a site where every bet involves two Bitcoin transactions, whereas Just-Dice lets you deposit, make a million bets on a single page, all on-site, and then withdraw. Approximately 0 Bitcoin transactions per bet as opposed to 2 Bitcoin transactions per bet at SatoshiDice. Note also that over a certain (secret) bet size threshold SatoshiDice doesn't process a bet until it is confirmed on the Bitcoin blockchain. That takes an average of 10 minutes to happen, whereas Just-Dice doesn't impose such delays. We do wait for a single blockchain confirmation before crediting your deposit to your account, but after that you can place as many bets as you like without awaiting further confirmations.

Just-Dice has pretty much killed SatoshiDice's traffic from what I can see, on account of having around half the house edge, much bigger maximum bets, almost 100% uptime, responsive customer support, many more choices of odds and payouts and lots of other stuff I've no doubt forgotten. But this isn't a commercial for Just-Dice. Let's try to stay on topic shall we?

Note really. Just with SatoshiDice you have to deposit separately for every bet and withdraw after. It's no wonder it's slower with such overhead.

Yes. Just-Dice is better in every way than SatoshiDice, as I explained in a previous post. SatoshiDice recently tried launching an off-chain competitor for Just-Dice called "tribute" or some such, but it was a bug-ridden disaster that was quickly withdrawn. Apparently they plan to relaunch it "soon".

That wouldn't be surprising. Bitcoin users don't install crappy 'toolbars', so how would the stats be collected? It's a single page site for the most part, so it's hard to judge how long the average visit lasts for. But I just demonstrated that your math here was all wrong.

[QUOTE=northeastbeast;41954382]3. Owners of bitcoin worth millions of dollars would have had to trust him by sending them to just-dice.com instead of a site where they could bet remotely and maintain control of their +million dollar pile of coins.

That is demonstrably the case. See https://blockchain.info/address/14o7...J6USgChq7iWF86 - it's where I keep the millions of dollars worth of funds that are bankrolling the site. If you don't believe me, I can cryptographically sign a message using that Bitcoin address. There's an example of such a signature in the Just-Dice FAQ.

1 in 25 chances happen about 4% of the time. We've covered this one.

I stand by my posts. Rigged or not, running that type of business on a dot.com site is unlikely to end well for you. You have an opportunity to back off of this thing with a nice profit and start something with no legal risk. Do you really want to end up in prison? They are already wary of online gambling but online gambling with Bitcoin for millions of dollars?

Yeah so I am done posting. In a way if you think about it maybe I am helping you. GL.

Do you work for one of the sites I'm outcompeting? That's a funny plot twist.

Check out this chart showing site profit vs. expected profit over the last few months. The expected profit line had to be moved down some 37k BTC to fit it on the page, but other than that it's kind of amazing to me how closely actual and expected profit follow each other:

Erm no... Online poker isn't rigged with 99.5% certainty just because you got dealt pocket aces.

Juk

He is not a secret agent shill for a competitor, and actually his is a very common behavior for riggies when they eventually run out of steam with their argument, and to be fair he went with a more muted form of a dramatic exit speech than most riggies in his situation. He likely will post again because they tend to do the drama queen exit, but then ruin it by coming back over and over.

This has been an interesting thread in that it does show that when there is opportunity (in this case degens and bitcoins) that there will be some good opportunities that reduce over time due to the natural development of competition or government intervention of some sort.

One thing that did stand out is that you seem to be running a business handling quite a lot of money with almost no real resources behind it, and at least to me that does not seem like a proper long term mix. While I do not care whether your website has a hyphen in it or not, I do wonder where you expect this business to be in for instance a year from now in terms of competition and the product you offer.

The whiny riggie does have a point in that you are running a gambling site and at least in the US or Canada that is specifically not allowed, so the legal risk would not be zero in those locations (no idea where you are located).