I'm pretty sure it's just you. I'm having no issue accessing PD and according to this it's fine at the moment (http://downforeveryoneorjustme.com/primedice.com).

Try resetting your browser cache or use a different browser. If that doesn't work restart your computer and modem and see then.

Yeah, if I were you I'd make that you encrypt the recorded seed and print that out instead. I wouldn't think it wise to have that floating around in plaintext (might be a good idea to make a QR code of the encrypted data for easier copying later on - saves on typing it out). Also make sure you have multiple copies in different locations for redundancy.

Aside from that it looks pretty solid.

Technically anything (including you and I by hand) that is capable of hashing in a given amount of time would be able to solve a block and earn a reward. It's just that statistically it's so unlikely to occur that you wouldn't even bother with such a thing.

That being said, it is amusing to see a relative relic of technology used to demonstrate how far computing power has actually come in the short space of 50 years.

If implemented correctly (i.e. with hashes shown beforehand) provably fair is meant to be just that, provably fair. You should be able to verify the result of any roll and thereby ensure that the house isn't cheating you. For the older sites like JD and PD - most of them have had such an implementation for quite a while. The only problem that I can see is if the owner actually plays the house and causes losses. Since they would have access to the server seed and adjust their own client seed - they would be able to determine the outcome of rolls prior to them occurring allowing them to win while masquerading as a user. AFAIK, this issue hasn't been addressed but it might have changed since the last time I checked.

Yeah, it's an issue with WebRTC.


IIRC, there isn't a solution for Chrome but you can disable some settings in FF to prevent it leaking your IP via STUN.

Wow, that's kind of scary and impressive at the same time. Are there even enough high rollers to earn that much consistently over the long term or was it just some really nice big tournament results?

I'm actually very impressed at how much you've managed to integrate usage of Bitcoin into most of your payments. For me I've only been able to buy a few electronic goods (i.e. domains, servers etc). Do you have plans to continue using Bitcoin long term? And do you have a strategy set up in case Bitcoin falls significantly compared to the USD worsening the value of your holdings or do you just have most of your worth with a bank?


For laypeople I'd have to agree. There still needs to be more simplification of the system for end users and greater access to goods and services bought with Bitcoin before usage will rise significantly.

Because Roger Ver doesn't have a use for it at the moment. His best bet is just to sit on it and wait, so that in the long term - if Bitcoin gains more attention and acceptance then he can sell it to a business for a sizeable amount of money. You could see with the OKCoin fiasco that he was willing to lend it out for $120K a year - just that no one else is willing to pay enough for him to bother reaching a similar agreement with anyone else.

Depends - you can lend to other people who will then use the lent money to trade. Obviously you lend with an interest rate, but you take risk in that if you lend in USD and the USD rate rises significantly, you can end up with less Bitcoin then you started with and vice versa.

Yeah does seem to be a problem - it's entirely risk free for you so the gambler takes on all the risk - including the potential that you just run away with winnings. Only way I can see a solution is by escrowing enough to cover any single major bet with an escrow that way they are guaranteed should the result point in their favour.

The other thing I question is are the odds in EU houses actually worth the 5% cut off the top? Are they that much better than online betting platforms?

I'd highly doubt that the odds are entirely determined by people. I'd be inclined to believe that most odds for most major sporting events and general world events are calculated using statistics through computer algorithms (using historical data/correlation + current information as future predictors). Then they may be adjusted marginally by hand to try and attain even action on both sides (and thus guarantee a profit) rather than give odds that are truly indicative of the real likelihood.

As to the odds themselves, they would likely be sold by odds providers and possibly just copied by competitors.

Just so we're all clear - this is in all likelihood a PONZI. I would highly advise against investing in anything like this - unless you want to lose money.

@OP: Some of the older dice sites could be considered viable investment options (there is a risk the owner will run away with your coins). Aside from that - there aren't many Bitcoin based investment options. I guess if you really wanted to you could convert it back to fiat and invest that way (i.e. in shares/bonds etc.) but it is kind of contradictory to owning Bitcoin.

I'm curious about a couple of things here.

First off, why would any major business (I'm going to define it as at least being present on the stock market) decide to actually keep Bitcoin? I can understand why they'd be happy to accept it and then sell it off - but keeping it presents a risk that investors wouldn't necessarily be keen to take. You'd have to have society overwhelmingly accept Bitcoin for investors to be happy to have their company hold Bitcoin.

Secondly, where are you getting your figure of 12%?

Tried to introduce it to some family and they basically thought I was nuts - they straight up thought that Bitcoin was some kind of scam. So that conversation ended pretty quickly. TBH, I can understand why most laypeople wouldn't understand Bitcoin - but it is kind of sad when people just stereotype it and move on without further thought.

If you want to have effective advertising for a Bitcoin gambling site - I'd highly advise that you advertise on the forum itself (theymos sells ad space each and every month) which would reach a large number of users - or you could try the much suggested method of a signature campaign alongside bonuses/promotions for users of your site. The best way to get people playing is through word of mouth - so have an interesting game with a nice UI with promotions that people want to be a part of.

I have better advice. Don't play at all unless you get enjoyment from the thrill of the betting itself. If you're enjoyment comes from seeing your balance rise - you're going to get unhappy at some point as you'll keep gambling (thinking your balance will keep getting bigger) until you actually start losing.

Do you mean betting on the outcome of GM+ matches or just your own individual matches? If you're talking about the former, I don't think any of the current sportsbooks offer chess as a betting option - but you could certainly talk to them and see if they could find an odds provider. If you're talking about player against other people - IIRC someone created something similar - but there weren't enough players.

Not really, all you doing is intertwining the two. Bitcoin was originally designed as a currency - it should be able to buy goods and services on its own without the need for conversion to fiat. The problem is that no merchants actually want to accept Bitcoin by itself - even they convert it to fiat. This presents a problem, Bitcoin isn't really a currency anymore, it's more of a commodity to be traded rather than used.

On that point - when VPN providers say they don't keep logs it isn't entirely true in most cases. They would have to keep some logs in order to actually fix any technical issues they encounter - not to mention that you cannot actually verify whether or not they keep logs or not. Since you are taking them at their word - it would be best to assume that there are in fact logs, more likely in the US where data retention laws are stronger. VPNs are useful as a means of offering basic anonymity and bypassing restrictive networks - but it isn't the go-to to avoid government spying.

I've found that Electrum is by far the easiest to set up and use (without having to worry about downloading a blockchain). Now as to whether it can be trusted, considering it's open source it may have been reviewed in the past (a good indicator) and there have been no historical problems or issues with coins being lost on account of Electrum. That being said, IIRC Armory has been checked thoroughly and is used by more people so if you truly want to ensure that you don't lose coins it is the way to go - but you'll trade off convenience for it.