What is BitDice


Established in 2014, BitDice is a profitably operating and presently the largest crowdfunded cryptocurrency casino where players can play dice, slots and blackjack games after depositing BTC, ETH, LTC, DOGE or CSNO.

The 2017 ICO was held to seek capital contributions from the public to transform itself into a new-generation platform for online gaming experience.

BitDice Casino has been targeting cryptocurrency gamblers up to that moment and has managed to capture a significant part of this market. In addition, it has gained over BTC 2300 in profit. But the greatest opportunity lies within traditional space casinos. Rather than sit and wait for the fiat players to gradually shift to the new paradigm, we want to be the first to get close to them, to build bridges and introduce the concept of “provably fair,” along with games that have a lower house edge.

Payout Structure   Dividend Calculator   Current Performance   Dividend Yields   CSNO and other crypto appreciation   

BitDice Payout Structure

Whitepaper: “BitDice Casino is issuing 100 000 000 (one hundred million) CSNO tokens,
70% of which will be offered to the public and entitle for 70% of BitDice Casino’s
net profit.”

First time I read this my impression was that 70% of all profit was paid to the 70 million token holders. That makes sense, BitDice is keeping 30% of all tokens, so 70% pay out to the rest looks very logic. But in reality 70% of all profit is divided over all 100 million tokens, so BitDice is taking twice a 30% cut!! For every $1000 profit Bitdice takes $510 (300 (30%) + 210 (30% of the remaining 700).

Payments are done in ETH and you will receive your dividend if you hold CSNO in your wallet at the last day of each quarter when a snapshot is taken. Actual dividend mostly follows within two weeks.

BitDice dividend payouts are calculated by this formula (Profit * 0.7) / Totalsupply = payout per CSNO.


BitDice dividend calculator

BitDice dividend payouts are calculated by this formula (Profit * 0.7) / Totalsupply = payout per CSNO.

You can calculate what you would earn with your CSNO and also how many profit is needed to get a certain amount of profit sharing by entering the numbers below and press "Calculate".

Profit BitDice makes in a quarter USD
Amount CSNO you own CSNO
Aimed quarterly dividend USD
Display currency

BitDice Performance current dividend periode

CoinProfit Market price Profit in USD 
BTC:-5.4837 BTC$36,977.91$-202,776.57
ETH:148.0995 ETH$2,189.30$324,234.84
LTC:-1,942.4438 LTC$128.31$-249,235.03
DOGE:4,530,428 DOGE$0.19938300$903,290.30
CSNO*:31,490.8406 CSNO$0.02790321$878.70
Running costs*: $-70,000.00

Total: $706,392.23
* The BitDice API is used as source the profit. The actual profit in USD may very well not this number due to selling crypto through the quarter. The running costs are an estimate over the entire quartes based on previous reports.

Current profit ( $706,392.23 ) related to next dividend payouts

Based on current profit, this is what we will receive at next pay outs:
BitDice dividend with $706,392.23 profit:
1 CSNO2500 CSNO100000 CSNO5000 CSNO

To get a $1000 quarterly dividend you need 202,235 CSNO tokens with current estimated profit.
With 5000 CSNO profit needs to be $28,571,428.57 to get a $1000 quarterly dividend.

Current profit extrapolated ( $172,622.57 ) related to next dividend payouts

Based on current profit, this is what we will receive at next pay outs:
BitDice dividend with $172,622.57 profit:
1 CSNO2500 CSNO100000 CSNO5000 CSNO

To get a $1000 quarterly dividend you need 827,569 CSNO tokens with current estimated profit.
With 5000 CSNO profit needs to be $28,571,428.57 to get a $1000 quarterly dividend.
BitDice all time progress
Lifetime BitDice Performance (10 dividend periods).
Total Average 
Gross Revenue$3,869,247.69$386,924.77
Running Costs$898,194.00$89,819.40
Dividend Per Token$0.02177528$0.00217753
Dividend per Token in ETH 0.00003810 0.00000381
USD Value now if you kept the ETH$0.08340155$0.00834016

BitDice Yields
Dividend yields are the ratio between annual payment(s) and price.

Indicated Annual Yield last dividend ($0.000000 per CSNO)
The indicated annual yield is the ratio between annual dividend and token price.
((last div * annual payments) / price) x 100%
Indicated yield with dividend day price ($0.00):nan%
Indicated yield with current price ($0.03): 0.000000%
Indicated yield with ico price ($0.12): 0.000000%
Average Annual Yield ($0.000101 per CSNO)
The average annual yield is the ratio between the dividend average of last 12 months and token price.
((avg dividend * annual payments) / token price) x 100%
Average yield with dividend day price ($0.00): inf%
Average yield with current price ($0.03): 1.447654%
Average yield with ico price ($0.12): 0.323198%
Average Yield overall ($0.002178 per CSNO)
The average yield is the ratio between the all time dividend average and token price.
((avg dividend * annual payments) / token price) x 100%
Average yield with dividend day price ($0.00): inf%
Average yield with current price ($0.03): 31.215451%
Average yield with ico price ($0.12): 6.969051%

What does a 0% yield mean? Simple you need 100 / 0 = INF years and NAN months with the same dividend to earn your investement back if you buy the tokens now with current price. The higher the yield the faster you earn back your investement.
CSNO Performance vs BTC, ETH, XRP, LTC, DASH and NEO

Would you have done better investing in the big crypto coins instead of buying BitDice?
Table below gives an overview if you had the choice to invest $1000 at the ICO ending or any given day.

Crypto Open price Nr coins for $1000 Current price Current $ value percentage%
BitDice market opening$0.11059,045.7625$0.0279$449.3798*-55.06%
BitDice ICO price$0.12508,001.1035$0.0279$397.4828*-60.25%
BitDice ICO NaV$0.087511,430.1481$0.0279$567.8325*-43.22%
* Dividend included (Value CSNO + total dividend)
If you want to compare BitDice prices form a specific date, just select one and click the 'Performance' button

My view on BitDice

2019-01-21 At the moment I think CSNO are the best gambling dividend tokens. But performance (and thus dividends) is still very low. Main reason, number of players is very low, in the dozens but not hundreds. If you look at PokerStars for example there are at any given moment over 100K gamblers online. I think this is the general problem for blockchain casinos. The brick and wall and online ones has such a large customer base, and gamblers stay there. It’s very hard to start a new casino, basically you need to buy / lure people with big bonusses to get a decent number of daily returning people and be successful. I think this is even harder in the still very small crypto world. To merge the crypto and gambling world online casinos adapting to crypto will have a better chance to succeed.

But who knows, if BitDice gets it’s roadmap going…. Target not met, still waiting for poker and sports betting and a API call to track progress more easier. But there is sometime some development. Like a Curacao gambling license.

It is still very unclear who runs BitDice. There is a guy called Alex and that’s all I know. If he is alone he is making a shitload of money out of it. BitDice own 30% of all tokens. And only 70% of all profit is distributed over all tokens (including the company tokens) . That’s over 50%. And to top it off there is a 13K a month salary mentioned as running costs mentioned in the very well written financial reports. Other communication is scarce sometimes emails do get answered sometimes not.

But the fee is a given cant’ change it, take it or leave it. Trueflip only pays 15% and performing worse. Etheroll even manages to make 3 quarters with a loss, so CSNO are the best dividend gambling tokens around at the moment.

Still waiting for the combined Q1-Q2 report and the website.... waiting seems the game here. I'm starting to doubt if we ever see dividend again. The chat also moved form Telegram to https://discord.gg/EkGbYrH

Upcoming BitDice Payment

Bitdice dividend expected in the 2nd week of July 2020

If you hold CSNO during snapshot in any erc_20 supported Ethereum Wallet like MyEtherWallet, Nano Ledger S, Trezor or any other (except any exchange) you will receive your pay out automatically.

DateExpected Dividend
Last 10 BitDice Payments
DateDividendIndicated Yield
Div DayPrice

See all payments
BitDice ICO and token details

Ico started2017-08-15
Ico ended2017-09-15
Ico PriceThe price of the token will be determined at the end of the ICO period and it will depend on the overall capital raised.
Ico Price$0.12498276
Ico NAV$0.08748793
Total Raised
1461.43 BTC @ $3231.8
16716.73 ETH @ $222.56
134225 IOTA @ $0.44717
4629.55 LTC @ $45.1
40498734 DOGE @ $0.0009

In total $8,748,793.00 was raised
30,000,000 CSNO tokens are taken by BitDice and 70,000,000 tokens where distributed towards ICO investors. We could argue if that makes ICO price $8,748,793.00 / 100mn = $0.8748793 or $8,748,793.00 / 70mn = $0.12498276.
Total supply100,000,000.000000
Circulating supply70,000,000.000000
Payout currencyETH

CSNO related links


Rating: 2.6/5 (2163 stemmen)

CSNO market value
Last traded CSNO price:$0.02790321
In ETH: 0.00001275 ETH
In BTC: 0.00000075 BTC
1 ETH: 78,460.65118673 CSNO
1 BTC: 1,325,220.77296698 CSNO
ETH / USD: 2,189.30 USD
BTC /USD : 36,977.91 USD

Source CoinMarketCap.com bitdice
BitDice Exchanges



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ETH or any ERC-20 tokens:

If you want to donate any other coin. Contact me. I'm sure I have a wallet somewhere.
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