Bitcoin Forum

Judging by www.dicesites.com it seems like Primedice is doing 50 million USD in volume a week. That's absolutely insane. I don't think there's many sites that come close to that. I Googles around a bit to see what turnover other casinos have and it seems Primedice is up there.

Go Bitcoin! Hopefully Primedice can help rise to the top and show everyone why Bitcoin is so amazing.

In cryptocurrency there is no doubt that Primedice is number 1 casino and one more thing, they don't need any investment from their users to fill their bankroll. Now I wonder how much BTC they have in their pockets? :D

Anway, 2.5k BTC wagered weekly is really insane, with the house edge alone they are making 25btc per week :o

I agree it's a huge number, but it's not even close to brick-and-mortar casino profit :)

According to  https://en.wikipedia.org/wiki/LV_Strip_(Nevada_gaming_area) , just the Las Vegas Strip is making nearly 7B USD in revenue.

Macao is even bigger than LV.

But for online gambling the numbers are insane.

By revenue do they mean profit? That's pretty low if so. Considering how many casinos are on the strip and how much work goes into them compared to an online site.

I'm assuming a lot of them hide profits through cash etc.

Bullshit they make way more than 7 billion. They'd be in the 100's

I doubt that... Do you even realize how much "100's of billions" is? It's enough to buy a couple towns, some private jets, a couple hundred full-time body guards and let's not forget a pool filled with millions of fresh $10 bills everyday. You get to keep the change.
There are a lot of gamblers and per year, there's  a lot that's lost due to gambling and turned into the casino's revenue, but I highly doubt it's in the 100's of billions.

LV makes a lot, but not that much.

I also agree with you, primedice is definitely one of the long running dice site with very huge wagered amount and it will be even better if they will support other coins so users can save on transaction fees during deposits and withdraws.

Crypto-games.net is accepting many alts along with bitcoin and they are getting huge number of bets daily too, fortunejack also supports variety of alts like many other dice sites supports these days.

Primedice is a big name in the industry of gambling and I think they are the one on top on an online gambling site that play only a dice game. Primedice was my first gambling site to be recognised as a good and user-friendly site and I love people giving tips to others. The reason I'm into it right now is high transaction fees and I am recently gambling and busy on stuff of trading.

$50 million usd per week? u mean total wager in btc ? i think yes...primedice is bigest online dice casino..but i think MGM still bigest casino in the world :P

They should really add up that option because it would even make their site even more profitable because of alternative coins to be included on their deposit and withdrawal option.I just remember on the old days that this is the first site on where i do test out my first bitcoin dice gambling. There no doubt this is one of the best.I love the simplicity of their UI.

Well even if it's true that the amount is great I don't think that it's a strategic or important factor to take into account.
You see the fact is that dice sites in general have a very low hous edge
Most dice sites have 1% in fact
But casinos that aren't bitcoin casinos don't have the same rules and in perticular they don't have this huge dice trend that crypto has ^^
So most casinos have a house edge around 4%. Which means that people will gamble their money four times less on average. It doesn't means that Primedice has more users, their users coud simply bet their money more times because of this low house edge ^^

i agree that primedice can declared as one of the largest casino in the world and also they deserve called as the most popular dice site and also trustable site even my first experience gambling use bitcoin was come from this site and the best part is they sometimes give free satoshi to their loyal players

Wow! Those stats are really humongous! Primedice might be making this much money and its volume os really up to the mark. But I guess there would be casinos in world who have lot more bankroll than PD.

PD to what I beleive can handle 200Million$ + loss and still make a come back. Dont know how many casinos in world are capable of doing this.

I think primedice is one of those gambling site with the lowest house edge which gives higher chance of winnings this maybe the reason why people consider this as a good gambling site. Having a higher chance of  winnings makes the site more interesting for gamblers I guess this must be consider by other casinos for them to have many players

primedice the best dice site
about casino in primedice not complete game, because only dice game

That's true, imagine if they expanded. I guess that's what Stake is?

Yes, primedice is quite popular in a dice game and recently Bitselr is growing quite faster in dice industry and they also got a couple of other games to play as well. I also first started my dice experience with primedice site. I don't follow how much they earn but one of the best site to consider if plan to play dice game.

We'd love to think so, but there's some very big fish out there that don't publish their stats

Using shapeshift in primedice to play with other altcoin is already discussed before in primedice forum due to lots of players requesting it maybe they are just prioritizing more important updates and would work on it soon.

You have to consider the increase/decrease that Bitcoin has been subjected to these last few months. It's likely that a lot more was waged before when Bitcoin was at a lower amount. I would say it's one of the biggest total wagered gambling sites.

for sure, bitsler, fortunejack, luckygames, etc offering 1% house edge too

Yes I guess they would be ranked up there and considered one of the best casinos in the world with or without the bit coin. I wouldn’t know what their sites like anymore, about a year ago they banned by country. So they must of went completely legit therefore I’m sure opening up quite a few doors.

They don't take US or UK customers which must make them very hard to be up there honestly.

I'm curious how they make their calculations. Primedice is privately owned if I'm not mistaken, and they don't have to report anything to their investors because there are none. So the only way dicesites.com can do this is via watching the funds flowing in and out of their wallets. But how representative is that figure really? Does it show the real thing? Don't get me wrong, I don't mean anything evil, but many exchanges have been caught doctoring their trade volumes, so why casinos can't do essentially the same?

You can't compare the revenues of an online bitcoin casino with a casino in vegas or macao.

Basically an online casino can have very little overhead (not counting the bankroll). Basically run by less than a dozen employees. And not even require a real physical office building. It can basically be run out of a garage like Apple and Microsoft back in the days.

A vegas casino spends tons of money to upkeep the hotel, air conditioning in 120F weather, comping drinks and food and hotel rooms, paying wages to hundreds of employees, etc.

I cant say Primedice is a casino, it is a dice site only. A casino in general should have some variety games, so the answer for your question is primedice is not one of the largest casino in the world. It is one of the largest dice site in the world and maybe the largest in this bitcoin gambling community.

its enough amount they can cover their staff salary 100 Btc a month approx as per your judgement
They Are already earning very big amount why they require investment from users which is Chiller as compare to their weekly turnover,

Primedice is the one of the oldest website which hold large amount of bitcoin may 2013.Primedice allows players to place bets on the outcome of a random number generator

its not largest casinos of world. Some offline casinos are there also

Like panjul said at first this is not casino but it is just huge dice site because of some variance of games that you will called it casino. And 100 btc for their staffs salary I do not think they will get those amount every month. I would think that they get some precentage or some shares from primedice since primedice really have huge bankroll to be shared for their employees

Well the proof is that they are't looking for any type of ICO or any type of additional bank-roll funding.

Why split your profits when you have enough money in your cold storage to just get all the revenue yourself.

Only issue with Primedice that I forsee in the future is more regulation towards online gambling which might lead to more countries forbidding it. Governments will realize that they aren't getting a decent cut of the revenue and they will make people gamble at the local physical casinos where they do get a cut.

But if still want to access these sites where these sites are blocked can access by using a proxy or vpn. I think still many people may be gambling from these two countries even though it is banned. Primedice is one of best dice site but they need to add many other games if you want them to call it as a casino.

of course people are using PD from those countries.
i know PD whales from the US, VPN ftw. Ain't no country ban stopping them.
Also, not only games, they need to add altcoin support to expand their casino because bitcoin fees currently is ridiculously high and casual gamblers can't afford it. Recently stunna asked for community feedback and everyone suggested for altcoin support, i think it maybe implemented very soon. They might also be adding more PVP and multiplayer games.

They might be adding alt coins in their next version as the team behind it is thinking about adding alt coins for the first time and everyone is waiting for that to happen,if the news OP said is true fifty million a week is an insane amount of money and sure prime dice is the most successful bitcoin based gambling site and looking forward for their new addition of alt coins.

hate to burst your bubble but just-dice still has most amount wagered in btc at 5,115,897 BTC wager


for a whpping 78 billion dollars wagered

and just dice stoipped taking btc bets over 3 years ago


and i think just dice has the highest bet ever made in history 7000 BTC and the player lost


that comes out to 125 million dollars in today's BTC value

All porn sites are banned in my university, But us students love to break the rules, Don't all teenagers love doing things against the rules?
Proxies and VPN have made online site bans a joke, why you so outdated?
AKCoinMiner, the biggest whale Primedice has ever seen (-871 BTC Profit  :o) is from USA, No country ban can stop gamblers from gambling.

Primedice has a tough competition for the spot of largest online casino from Just-Dice. But with the launch of Stake and extending from just Dice to other fun casino games, I won't be surprised if Primedice surpasses Just-Dice in wagered Amount by 2018

You gotta realize that using a VPN to access and gamble with is very different than using VPN to access porn behind some university hub.

If you want a good example, look at what Bitfinex is doing to people who are caught accessing their Bitfinex account pretending to be non-USA.

They are getting their accounts frozen and support is not replying. And in that scenario its very risky and might lead to loss of funds.

It depends on the site itself imho, here in this case Bitfinex is not a gambling site so they may have different rules about VPN but I do not think Primedice will do the same thing (freezing account which uses VPN). Obviously, it is always better to ask the site's admin before using VPN to access the site to avoid unexpected problem in the future.

I think exchange sites and gambling sites are different because gambling sites will not ban you just for using VPN or proxy to access their sites. Because they need more and more players to site so as long as they don't cheat the system and play games by depositing money gambling sites will be happy because they know that they can make money from these players. I never heard that any players winnings are withheld for the reason they were using VPN or Proxy.

I'd like to see PrimeDice add support for other currencies as well, but I guess for now we have 999dice.

I don't think its fair to mention a scam dice site along with primedice. If you are looking for a dice site that supports altcoins, there are lots of them out there, i think its only primedice who are left behind not using altcoins

I do not think that primedice and 999dice have ane related things to do since primedice is very old site which is very trust worthy mean while 999dice is just some scam site which already scam alot of people yet you said that site again on primedice thread. Does not make sense yo anything you said here. And btw such a big site like primedice do not even need to add some other altcoin to support them, I think they pretty good on managing their bankroll

PricemDice has nothing to do with the success of bitcoin. :/
I mean I don't get the co-relation between a website trying to make money using one of coins and the coin succeeding itself.I wouldn't be surprised if a new Casino does the same with BCH.Taking advantage of the opportunity really.

With all due respect,sir you're wrong.

Heard that primedice is going to be banned in Australia.
All of that country? For a gambling site?
Is that even possible to do?
I think those who have accounts with wagered amounts of over 100btc will try and find a way to bypass and get through so they can keep using their accounts.

Online casinos have and will continue to eat into the land based portion of the market. These figures will increase by close to 100% by the end of the year if the market continues on it's current trajectory.

Offcourse good online casinos will definitely eat up the land-based casino profits because people can save a lot of money if they play online and also they can start gambling almost instantly when they want to gamble. Real casinos will give a different kind of enjoyment but it comes at an additional cost so people can do once in awhile for regular gambling purpose many gamblers may choose online gambling.

I think that there is a certain percentage of the physical casinos which will lose gamblers due to online bitcoin gambling however I think it varies by demographics and age.

For an old person who is 50-60 years old, they probably will still stick with physical casino gambling since its very difficult for them to grasp this "Bitcoin thing".

For the younger generation is easier to learn how to gamble with Bitcoin.

Issue is that the younger generation has less money than the older generation.

50million Usd turnover/weekly is Amazing Figure . It must have taken lots of time to reach to that figure . It may be because of There Honesty and Transparency That People use The site on regular basis .
With The Increasing Number of bitcoin Users There Might be Huge yearly Growth rate in The Overall turnover of The Website .

Hy,
I have a problem whit Withdraw these are the messages (Withdrawal could not be processed at this moment.).
Can someone tell me what is the problem with Primedice?
I wanted to contact the support but it does not work these are the messages ( Something in the server broke! ) is passed 12 hours
Thanks!

Primedice. one of the world's greatest casinos is best to win the race. Because 50 million usd is quite a huge amount for us, and this will be the best bidding center for now. So here we will get a profit with a very large amount. Then I will not miss this race I also will not stay silent, I will grab everything I can get from primedice to add my digital money coin balance. This is the best day for all of us .. Let's start this race along with getting a huge profit for us. Surely we can play well and properly on the way.

Surely that PrimeDice is one of the most popular gambling site out there but I wouldn't classify it as a Casino as it only has Dice as a game. A casino should consist of many games from roulette to slot machines which primedice does not offer. And the title of OP seems to be misleading as the link that is given is about statistics of Dice only games and not for all of their games (if they have other games), you can even see that the websites' name is dicesites. Also we should keep an eye on other Dice Sites that are not on the list and that is FortuneJack and Bitsler which both are doing well with regards to their promotions and developments.

I am not sure how reliable dicesites.com is, but I have used PrimeDice from 2013 onward, when they used to have a lot of promotional offers here in Bitcointalk. Also, they used to have one of the longest running signature campaigns here in BCT. The monthly maximum payment was somewhere around BTC2.40 (the exchange rates were lower then).

Even i am not sure about the reliability of dicesite but one thing i am certain is the site is one of the most profitable ones when it comes to online gambling dealing with bitcoin and with the price of bitcoin so high,it is possible to pull off those numbers as i am sure there are big whales rolling once in a while .I really miss those days when the price of bitcoin was below $500.

I think you just open a site that's promote prinedice tgat's why those figures came out. Many casinos are now becoming popular and almost all of them has many gambling supporters. I don't play primedice but I visit the site and I don't find it much interesting but maybe if I try playing it I would be interested to anyway there's a lof of gambling site we can try better explore them and see where's your luck

This younger generation grows over time earn a lot of money and the old generation going lose money then the market will be under young generation means after few year you can see more and more playing online instead of going to casinos. Casinos still will be around but surely they will lose the market share to these online casinos.

The point of this thread is not to promote primedice anymore because most of them already know it just because it is very old site with huge bankroll and they fund it themself without make any open investment for players. I believe why you said it that, it is only simple dice game but they have big community and good promo too. You need to be longer with them so you can know it better. For just winning and getting profit there is not the point of their site anyway

in any case, the title of the topic is already good advertising. Is it possible to make such turns only on dice? Always believed that the biggest casino in Macau. I wonder if there is a comparative statistics online casino and casino