I would say craps is more of a table top game, and with dice games (high/low), the house edge can be adjusted to anything. 1% is just a standard the market has settled on as what is generally accepted by the players. i believe there is a dice site with a 0.1% house edge or something right now as well.

you would want to have an escrow service secure the collateral prior to giving the borrower any money. in the case of physical collateral, the process can take some time as shipping is a factor, but if digital collateral is taken, for example altcoins, the loan can be given as soon as the escrow confirms that the altcoins are in their possession. in the case the borrower was to default, the coins would be released to you, at which point you can liquidate them to make back the money you gave the borrower.

why would you answer with dice when the game is pretty much made for the house to win with the edge? when you play against the house, you are at a disadvantage as the games are made to profit the house. casinos are for-profit establishments after all. in a  game of skill where you play vs other players however, such as poker, generating consistent profits is possible. however, being consistent at poker requires a large amount of both skill and experience.

if you ask me, those autobet features are only implemented because the casino owners themselves know that martingale will fail in the end, and having the system implemented with as many features as possible to encourage players to use it will benefit the owners in the long run.

i would follow that suggestion as well, even if op was asking for advice on starting a dice site. there are so many types of gambling games that are currently untapped in the bitcoin gambling market, it wouldnt hurt to probably go to a real casino and take a look around, maybe get some ideas. entering the online casino market with a completely new type of game is something that would almost certainly guarantee you a good start with a playerbase eager to try out your game.

just a passing thought, but your move to stop escrowing low level accounts could lower the number of loan scams that happen on a regular basis in the lending section by account farmers. of course, theres no guarantee that lenders wont just take the collateral into their own hands, but if other escrowers decide to do the same, maybe the loan scamming might lessen.

nothing against insulting people on the forum, free speech and all. you could argue that the post is insubstantial and off topic though. however, this is the internet, and youre more than just likely to run into hotheads and trolls here. learn to deal with it and grow a thicker skin.

you should include some of this info to even have a chance at a sale:

current activity/potential activity
post count
dark or light green trust
relative post quality, since the account is most likely going to be used for a signature campaign anyways
most importantly, availability of a signed message. to prove ownership of the account you are selling. if unable to provide this, its safe for a buyer/escrow service to assume that the account you are selling is hacked.

i was referring to gambling in general, as "making a living solely off of dice games" was not stated even implicitly in the post i replied to. in the case of dice however, of course with some otherworldly luck it may be possible, but everything from numbers to common sense points that it is not possible as dice games are purely chance, and unreliable. in addition, being -ev, one would be expected to lose in the long run anyways.

true, it is straightforward to use and incredibly popular thanks to the company's name, but remember, youre dealing with your money here. security and reliability should be your primary concern. would you keep your money in a bank that got robbed from every other month, but was just easy to use? hell no. if the wallet is not secure, its best not to even consider any other factors that might persuade one to use it.

this sounds more or less like a ploy to steal one's identity.

"oh we need some documents to get you a residence, just need your DL, passport, be sure to include your face in the photo, please give us faxed copies of all those documents too. oh, going to need your birth certificate as well, and your credit card while we're at it."

even if the interest might be pretty niche, just dont bother with something like this.

pictures wouldnt do him any good at this point, and im not an expert in identifying shopped pictures either. doctored videos are much easier to identify though, and would be preferable in the astronomically low chance op actually has 200 TH's of mining equipment. however, i would expect many excuses to avoid the video to come like "oh it takes too much bandwidth to upload a video" or something.

wouldnt bother; op has not made any attempt to show solid and legitimate proof that he owns the hashing power he claims to have, he keeps dodging the question of providing a mining address too, which should be a simple matter of copy and paste. its likely that the funds youll be withdrawing (if you were to withdraw) were from someone who deposited not knowing any better. but then again, if you were to not withdraw, op would just take it along with whatever else people may have deposited.

it is more than possible; poker is gambling, wouldnt you agree? and there are several professional poker players that make quite the living playing poker. however, your point about this being impossible for the average joe hold pretty true. becoming skilled at poker to this point where one can make a consistent 6 figure income from playing piker takes an immense amount of both skill and experience. however, it is possible, which is the important part.

ill second this; by creating a moneypot app, youre pretty much guaranteed profit as an app developer, and there is also no need for you to drop hundreds of btc into bankroll. one tip; try to find the middle ground between visual appeal and resource usage.

user name/profile: subSTRATA (https://bitcointalk.org/index.php?action=profile;u=68036)
Member rank: Hero Member
post count including this post: 2919
BTC Address: 1KaNooJJ366uda2F4DvwdLEus82jCiBLRq

same for me as well, im interested in how much youre offering.

he actually has posted txid's for some of his donations, but (not at all) oddly enough, there are no txid's off loans being repaid from the newbie accounts.

you see, that's the joke.

he scams more or less for the mental satisfaction of knowing he conned someone more so than for the money, its pretty clear by the mocking that takes place after each successful scam. that being said, the more he continues to do this, the more likely he slips at some point and gives something away. so far there's been a pattern of him waiting until a newbie account hits 28 activity to attempt something, and his skype profiles are created with "age 65" for some reason. small things, but they can make a difference. he might change up his pattern/gimmicks as he notices people pick up on them, but that just make sit more likely that he slips at some point as he breaks his own pattern and isnt as focused on covering his tracks.

also, paypal wont give out users' personal information like an ip address without a criminal investigation being involved. its likely that he has far more than 6-7 alts waiting to scam, as some thought he got bored of the forum as he wasnt actively scamming for a bit. however, it seems the hiatus was only due to him waiting for some accounts to gain activity.


wont happen, he possibly buys paypal accounts here with the money he scammed and uses those as throwaways for his next stunt.
1) get funds into throwaway saying "you can just chargeback"
2) transfer funds to main account
3) my balls your face

escrow wouldnt help either, unless the escrow holds the funds or goods being traded for 180 days at which point paypal funds cannot be charged back anymore.