Magicdice: I'm Over It

in #game5 years ago

I've stopped playing, gambling, mining, whatever you want to call it on magic-dice. I am over it. What was great in the past has now been taken over by new gaming sites. I stopped playing after they cut the rate of mining the tokens per Steem wagered from 25 to 12.5. Now it is just too low and there are too many other sites and tokens out there to make it worth the risk.


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What Was so Good About Magic-Dice?

  1. Magic-Dice has paid 262711.210 STEEM (at the time of this post) in dividends since it came into operation. That is literally half a whale's worth. They had first movers advantage and now that there are more tokens out, the dividend per token held is significantly less than they were at its peak. Yes, I believe it has peaked.

  2. Magic-Dice allows you to bet over or under a number while most other sites are just under. Big deal. It doesn't really make a difference if numbers are random as the site claims it to be.

  3. Volume, the volume was huge and the daily leaderboard attracts people and bots to play as much as possible to get more tokens. I once came in second place after taking advantage of a 16-hour crash where no one could play so it was easier to rank.


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Magic-Dice is Not Fun


Let's face it, you're just clicking buttons and probably losing Steem. Before you think I am better and lost Steem, check the comments below, I will use summon a bot to prove that Magic-Dice has been good to me. Crypticat brings us good fortune. There are more fun games out there with better graphics that are more interactive. There are also better Steem gaming sites like Krypto Gamers which has better odds, less outstanding tokens and it offers Video Poker and Blackjack in addition to dice. The house take is only 1% on dice as opposed to 2%, meaning your odds are significantly better. Epicdice also has a 1% house take and even less outstanding tokens-there is still an opportunity to be an early adapter as just over 2.056% of the tokens have been minted.

Other Sites are Better


I have similar amounts of MagicDice tokens and EpicDice Tokens. I have less Krypto Gamers tokens. Now that Epicdice and Krypto Gamers have started paying dividends, the payouts have been great (when the house is winning.) I have received over 40 Steem from Epicdice in dividends and they only started paying a week ago. That is similar to what I've got the past month from Magicdice. Magicdice does pay every day despite the house rake, but still, the house will win in the long-run and most days dividends will be paid. I challenge you to argue the math with me, I will get into it with a future post when we have more data.

Lucky Referral Links


If you haven't visited @magicdice, please use my link

https://magic-dice.com/?ref=crypticat -I am disappointed by their lack of support and updates

@kryptogames is better though, here is my link

https://kryptogamers.com/?ref=crypticat -Blackjack has been most generous to me

@epicdice is better too, here is a lucky referral link

https://epicdice.io/?ref=crypticat -The limited dividend payouts have been "Epic" so far

You can also try @steem-bet

https://steem-bet.com?ref=crypticat -They promised to release new games and start paying dividends soon

Disclosure


Although I have been lucky, you are not guaranteed to be lucky using my links too. Don't gamble if you are legally not allowed to gamble in your jurisdiction. Gambling is addictive and you can lose lots of money, so play responsibly. I am not responsible for your losses and do not recommend that you gamble or use my links. Gaming is gambling.

PS. There is a new site by the one and only @klye called Steem-Roller https://www.steem-roller.com/# Enter at your own risk. It is still in beta testing and promises to be the most unique Steem gaming site out there. I 'invested' a little Steem just for support, not that I recommend you to do so as it could disappear. Let's call it speculation at this point but I am keeping a close eye on this new development in the Steem gamingsphere.

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Proof that I'm not a sore loser and that my referrals are lucky !magicdice

Hello @crypticat

You requested your Magic Dice details.

You were referred to Magic Dice by None and have 2 referrals.
You are currently delegating 0 Steem Power.

You have placed 5,662 bets with a 75.77% win rate.

You have wagered 24,664.807000 STEEM and 283.953000 SBD.
You have won 24,867.650000 STEEM and 281.188000 SBD.
Your profit is 202.843000 STEEM and -2.765000 SBD.

You received 0.307614 STEEM and 0.868470 SBD in referral bonuses.
You received 57.377161 STEEM and 0.316254 SBD in dividends.

Your absolute profit/loss is: 260.220000 STEEM and -2.449000 SBD

You have acquired 1,784,251.224324 Magic Tokens.
Your spent per 1M Magic Tokens: -113.685000 STEEM and 1.550000 SBD.

WOW, these are interesting stats! Were these all wagered manually or you used some bot for that? What strategy do you normally apply when wagering on these dice games?

Just find a lucky cat and spoil it 🐱 wait until I post my steembet and kryptogames stats they are much more impressive

Posted using Partiko Android

That's impressive win rate!

Posted using Partiko Android

I've also stopped playing some time ago. As you said there are other, better sites for losing money lol. Congratz to the 2nd place on the leaderboard, that's nice!

!magicdice

Posted using Partiko Android

Hello @okean123

You requested your Magic Dice details.

You were referred to Magic Dice by None and have 0 referrals.
You are currently delegating 0 Steem Power.

You have placed 1,929 bets with a 89.89% win rate.

You have wagered 422.200000 STEEM and 1,291.600000 SBD.
You have won 472.226000 STEEM and 1,274.112000 SBD.
Your profit is 50.026000 STEEM and -17.488000 SBD.

You received 0.000000 STEEM and 0.000000 SBD in referral bonuses.
You received 22.582940 STEEM and 0.121982 SBD in dividends.

Your absolute profit/loss is: 72.609000 STEEM and -17.366000 SBD

You have acquired 124,331.649194 Magic Tokens.
Your spent per 1M Magic Tokens: -402.359000 STEEM and 140.653000 SBD.

Nice you're in the positives! There's some people who have lost thousands 'mining' this junk. They aren't listing it because they know it will dump hard. My next related post will get into the math a little more.

Posted using Partiko Android

Thanks for the honorable mentions. :)

This is really interesting. I had good luck on Magic Dice. I'm not really understanding the tokens yet.

If you have tokens you can get a percentage of the daily profit. The information is on the site.

Posted using Partiko Android

You got a 37.71% upvote from @ocdb courtesy of @crypticat! :)

@ocdb is a non-profit bidbot for whitelisted Steemians, current max bid is 20 SBD and the equivalent amount in STEEM.
Check our website https://thegoodwhales.io/ for the whitelist, queue and delegation info. Join our Discord channel for more information.

If you like what @ocd does, consider voting for ocd-witness through SteemConnect or on the Steemit Witnesses page. :)

Let me check my stats real quick

!magicdice

Hello @rahul.stan

You requested your Magic Dice details.

You were referred to Magic Dice by None and have 1 referrals.
You are currently delegating 0 Steem Power.

You have placed 1,982 bets with a 64.18% win rate.

You have wagered 16,071.137000 STEEM and 0.000000 SBD.
You have won 16,103.394000 STEEM and 0.000000 SBD.
Your profit is 32.257000 STEEM and 0.000000 SBD.

You received 0.145800 STEEM and 0.000000 SBD in referral bonuses.
You received 2.422413 STEEM and 0.017033 SBD in dividends.

Your absolute profit/loss is: 34.679000 STEEM and 0.017000 SBD

You have acquired 625,517.600000 Magic Tokens.
Your spent per 1M Magic Tokens: -51.568000 STEEM and 0.000000 SBD.

You have receive an upvote. Thanks for playing moonSTEEM

don't spam my posts

Lmfao

Posted using Partiko Android

!bookkeeping magicdice steembet

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