At BGR we rate SafeDice highly for anyone interesting Bitcoin Dice Gambling. The overall interface is very user friendly, the site offers excellent odds, the games are provable fair game, with solid anonymity. However for the high rollers who want to have individual bets where the winnings are higher than 1 Bitcoin, SafeDice is probably not the best Dice site at the moment. This may change as more investors add to the bankroll!
SafeDice is one the coolest Bitcoin Dice sites around today. As avid Bitcoin Dice players at BGR we love the low house edge of only 0.5% which is well ahead of any of the competition! The design of the site is very use friendly and has a very professional feel about it. Like all good Bitcoin Gambling sites it has good levels anonymity (no real details asked of players), good customer service with their bitcoin talk forum account, plus the added bonus of being able to invest in the bankroll if you so like.
Safedice does not have a faucet though, so if you are looking for a faucet this is not the Bitcoin Dice site for you. SafeDice also accepts the altcoins Monero and Bitcoin Cash! The maximum you can win is much higher than 0.25% of the bankroll, however the house edge will increase as per SafeDice’s “Variable House Edge.”
What is the Variable House Edge?
So whenever a player bets with the expected winnings to be less than 0.25% of the bankroll, the house edge will remain low at 0.5%. Now if the player wants to place a bet where the winnings are higher than 0.25% of the bankroll the house edge will start increasing from 0.5% upwards in a linear direction (This can be seen in the picture to the left).
Additionally the house edge before each roll is visible in the payout box. This is worth checking if you think your bet sizes will be changing the house edge.
Bitcoin Dice sites have been around for a while now, so we will not go into instructions on how to play. But an in game screenshot can be seen below:
Game Play screen-shot
Bitcoin Dice sites with an invest option is something that we really like at BGR. SafeDice’s invest option is no different where we have over 1 Bitcoin currently invested in the bankroll.
So how does the invest option work at Safedice?
– You simply go to the invest tab and select how many Bitcoins you want to invest.
– You will be given the option to select 0.5x, 1x, or 2x Kelly. The best way to think of this is your exposure to the bankroll. So if you deposit 1 Bitcoin and select 0.5x then you are in reality only adding 0.5 Bitcoins to the bankroll in terms of your share of profits and losses. 1x is obviously an even exposure for your bankroll investment and 2x means you are doubling your exposure.
– Once you invest you will be instantly added to the bankroll and will enjoy profits and loses as players bet against you!
– You can withdraw from the bankroll anytime by clicking the divest option.
We personally took the 2x on our Bankroll investment.
It is also important to note that SafeDice also take 10% of the profits from investors to manage and run the site. So in reality as a bankroll investor you are getting the 0.4% house edge (unless some big players come in and bet well above 0.25% of the bankroll).
At BGR we rate SafeDice highly for anyone interested in Bitcoin Dice Gambling. However for the high rollers who want to have individual bets where the winners are higher than 1 Bitcoin, SafeDice is probably not the best Dice site at the moment. This may change as more investors add to the bankroll!
The overall interface is very user friendly, the site offers excellent odds, the games are provable fair, with good anonymity. However, they are a little slow to respond to issues the site may have on the Bitcoin Talk Forums, something we have informed them about and hopefully they will address.
We are slightly biased towards the site being bankroll investors ourselves, so if you have any comments or feedback from using the site please leave a comment below.START PLAYING NOW