Frequently Asked Questions
What is the house's edge on this site❓️
The house edge on MoneroDice is in a range of a few percent and depends on the chosen multiplier. This cut helps us fund expensive costs, such as the server, the website itself, and so on. Once our costs are covered, all profits go to Monero core development.
How can I play MoneroDice❓️
- Provide your Monero address to which your winnings will be sent;
- Choose your win multiplier & odds;
- Choose Dice mode: fast or provable (detailed explanation below);
- Send Monero to the indicated address;
- The system will safely pick the lucky numbers;
- Your win will be sent back to the Monero address you provided.
You place a bet by sending Monero to the indicated address. MoneroDice sees this and evaluates win or lose. If you win, your bet is multiplied by the prize multiplier and that amount is sent back automatically to the address you provided. No registration is required!
Why two modes of MoneroDice: fast and provable❓️
MoneroDice fast mode operates with zero confirmations. The result is known after a dozen or so seconds, as soon as the transaction is seen in the pool. Once the server picks up the broadcast it will roll the dice to select the lucky numbers using a cryptographically secure pseudorandom number generator.
MoneroDice provable fair mode roll is calculated from transaction id and block hash which confirmed this transfer. Because the transaction needs to be fully confirmed before the roll evaluation, it takes significantly longer to process.
If there’s a payout, it’s nearly always sent without waiting the usual 10-confirmation Monero unlock time. So, if the Monero network is not congested, it usually takes only a few minutes to go from bet to payout.
I've sent Monero to the provided address and I win, but I forgot to add a payback address and my transaction is stuck as "Win, no payback address". What should I do❓️
If your browser session is still active, you can add your payback address. Your wins will be sent to you after a few minutes. Make sure that the payback address is valid (valid address results in green ✓ after the address). If this doesn't help, write a message to support with any proof that this was your transaction. It will be handled by support, usually within a day.
What is Monero❓️
Monero (XMR) is a proof of work cryptocurrency that has been built on open source technology, meaning that it has been built by a community of supporters, including programmers and cryptographers. Anyone in the community is able to submit an idea, which can be then taken to the development team and added to the currency. Unlike Bitcoin or Ethereum, Monero is completely private. This means that there is no open ledger or transparent blockchain and your identity in the transactions remains anonymous. Launched in 2014, Monero has grown to represent an increasingly significant share of the cryptocurrency market.
Why only Monero (XMR)❓️
- Secure, privacy-focused, censorship-resistant blockchain that enables anonymous transactions for users
- Perfect for Agorism in case the government does not allow to use money without a Covid-19 certificate
- Low transaction costs
- Monero requires privacy on all transactions
- On average 1 minute for the first confirmation. This is displayed immediately by the receiver wallet
- 10 confirmations are recommended to approve a transaction. This will take around 21 minutes in total
Monero is better than Bitcoin in many ways
- Speed: transactions take up to 20 minutes on Monero and typically 1 hour on Bitcoin
- Transaction fees: usually $0.01-$0.05 for Monero and $1-$10 for Bitcoin
- Privacy: Monero transactions are private, unlike Bitcoin transactions which are traceable by ChainAnal companies
- Scalability
- Fungibility: Bitcoins can become “tainted”, triggering shotgun KYC on first use
Ways in which Bitcoin is better than Monero
- Popularity
- Support for smart contracts
- Governments don’t feel threatened by Bitcoin because of its limitations
On Monero delays
Monero protocol requires a certain number of confirmations for transactions. This can take some time for your fund to be fully confirmed and unlocked for spending.
Monero | Bitcoin | |
---|---|---|
Initial waiting time for next block to be mined | Up to 2 minutes, average 1 minute | Up to 10 minutes, average 5 minutes |
Time for first block to be confirmed | Average 2 minutes | Average 10 minutes |
Time for transaction to be fully confirmed | 10 confirmations × 2 minutes = 20 minutes | 6 confirmations × 10 minutes = 1 hour |
Total time | 21 minutes | 1 hour 5 minutes |
I've found a bug, where can I report it❓️
We reward users who find legitimate bugs in our system. Shoot us an email to bug and we will get right back to you.
I am addicted, what should I do❓️
Gambling can be addictive. If you struggle with addiction then it is best to discontinue using MoneroDice, and visit these websites instead:
How do I contact you❓️
If you need to contact the staff of this website please do so via email: contact or monerodicepro(at)gmail.com