Testing this method...wager only 5% of bankroll each time...
The more bets you make the more you will see negative effect of house edge, gambling is about "all or nothing", you can't expect to be in profit over the long run. 100% this. The advice to gamble only 5% of your BR is stupid. |
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Bankroll management doesn't really work for you if you have negative EV.
The whole idea of bankroll management is to limit variance -- to stay as close to the EV as you can. Why would you want that, when EV means you lose?
In fact, you have a better chance of winning big if you gamble 100% of your bankroll. 1% edge on a 100 BTC bet vs 1% edge * one million 0.0001 BTC bets.
Bankroll management is only a good idea if you have a positive expected value. Scenarios where you have +EV: you are the house; you are a card counter; or you have worked out another way to gain an advantage. If you are at a disadvantage to the house, do not follow this advice.
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Out of curiosity, even if his identity is known publicly, can primedice go after him legally ?
While primedice said he took advantage of a flaw, but what if he denies any of that ?
Pretty sure he (his username here) has already admitted & made it known he robbed them. I think he threatened them again & said he'd continue to expose other flaws if they went after him. Maybe somebody can shed further light on this. It's really hard to successfully sue people for bitcoin theft any way. Look at TradeFortress, I think he stole (or claims he got hacked for) thousands of bitcoin. As far as I know he got away with it. Good points. I think TradeFortress definitely did steal those Bitcoins. Lots of people say he did and his story just doesn't add up. |
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Out of curiosity, even if his identity is known publicly, can primedice go after him legally ?
While primedice said he took advantage of a flaw, but what if he denies any of that ?
I don't think so. It would be like a casino going after a card counter: they can't. I could be wrong though. |
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You guys might remember HufflePuff. In 2014 he managed to win more than US$1,000,000 from Primedice by taking advantage of its flawed client-server seed pair mechanism. The trick was later discovered, but HufflePuff refused to return the coins and his identity remains hidden to this day. I managed to get in contact with him recently. https://thebitcoinstrip.com/blog/interview-with-a-bitcoin-hacker.html |
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You guys might remember HufflePuff. In 2014 he managed to win more than US$1,000,000 from Primedice by taking advantage of its flawed client-server seed pair mechanism. The trick was later discovered, but HufflePuff refused to return the coins and his identity remains hidden to this day. I managed to get in contact with him recently. https://thebitcoinstrip.com/blog/interview-with-a-bitcoin-hacker.html |
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No, never. Gambling is a man's sport.
you are wrong, girls are more active in gambling but they are not in limelight, but you can see that most of the big gamblers will be having a girl companion for playing gambling, I have seen so many girls who are playing gambling when i was playing in a real casinos . They dont play online but you can see them in casinos. Then why don't I ever see any broads at the casino having a punt? The only chicks I see in casinos are either at the bar, or with their sugardaddy, boyfriend or simply looking for some gold. |
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No, never. Gambling is a man's sport.
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Почему вы должны инвестировать в Биткоин казино? Ну, потому что азартные игры это невероятно прибыльная отрасль и Биткоин-гемблинг стремительно растет. С более чем 1 млн. долларов США, поставленными каждый день, инвесторы зарабатывают в среднем $10,000 прибыли в день. Это $70,000 в неделю, или $3,650,000 в год. Лучше спросить, почему не стоит инвестировать, и да, есть к сожалению много причин этого не делать. https://thebitcoinstrip.com/ru/blog/investing-in-bitcoin-casinos.html |
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This is a definite yes for me. The amount of effort it takes for one to start gambling is so minimal that perhaps a child can do it. Withdrawals and deposits are nearly instantaneous and the simple game aspects, (pick a payout and bet amount and click roll) is very appealing to many, and most do not even require any forms of identification.
Yep. And gambling at regular online casinos is restricted in a lot of countries. |
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I just published a new blog post on how Bitcoin is changing online gambling and it got me thinking: will Bitcoin casinos overtake regular casinos in the future? With Bitcoin on the rise (over $650/BTC now!) and at least 3 BTC being wagered per minute across crypto-casinos (that's about $3 million per day) and the countless benefits that cryptography brings to gambling, I think it will. Bitcoin is the perfect companion for online gambling, bringing instant transactions and trustless fairness to an industry where the norm is slow deposits/withdrawals and offshore shady companies. What do you guys think? Where did you get the $3 million per day, if I may ask? And that only includes the casinos which I crawl -- so it's an absolute bare minimum. |
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Will you be updating previous reviews? For example here users seem to not agree with your score for Crypto-games.net. It's low on the priorities list, but yes, eventually. |
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I think you might be better off using something like <total wagered> or <total wagered in the $TIMEPERIOD> or something like that. Any ranking that doesn't show the most popular sites at the top, I think is a little flawed. I guess the only problem with showing the most popular casinos first is it helps further entrench them, but I also think that's probably what most players want anyway.  P.S. save your time and add JackpotRacer to your ignore list, he's incoherent at the best of times Yep. I agree that the current ranking is flawed, and I'll revise it shortly. Oh, and you might want to change this to a cumulative chart (or add it underneath):  Done. Thanks for the suggestion. That looks much better. Am going to make it start at the correct number (ie. not zero) soon -- it's a bit harder than it sounds.  |
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Nice site now we can see all casino sites and i think it will help for most gamblers to know what site is the best to play and what site is popular..
Thanks mate. Glad you like it. |
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TheBitcoinStrip is a growing index of casinos that accept Bitcoin or alt-coin deposits. If you are the operator of a Bitcoin-enabled casino or are in the process of starting one, TheBitcoinStrip is the place to give it the exposure it needs. We endeavour to review every casino, but it may take some time for us to reach yours. Nevertheless, you'll be ensured quality placement on our index for free. https://thebitcoinstrip.com/promote-your-casino.html |
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sorry if I caused any confusion. yes the casinos are
individual casinos
seperate websites (own domains)
different design
Right. but same community and players cause they need to register with Moneypot.com
same Bank Roll
same Faucet
same Provably Fair
Right. what I mean is that you can't praise BetterBets that they have invest option, faucet and provably fair and our casino (or also the others) are only provably fair
Why not? by agreeing 2 times saying "right" and then saying "why not" it looks like you want to insist that your list is correct. we don't agree and please delete our JackpotRacer from your list. thank you I refuse. Read the rest of my post, lol. |
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I'm a big fan of the idea of this site, from what I've seen this site and dicesites.com are the only two not totally corrupt and shady bitcoin review sites out there.
Out of interest, what is the criteria you use on your homepage to order casinos? Also I'm not sure your leaderboard is totally correct. Currently you're showing in the last 7 days:
* BetterBets ~33425 BTC wagered (dicesites shows 1249)
* PrimeDice (looks correct enough)
* BitDice.me ~6326.0412 BTC wagered (looks on the high side, but ok)
* Bustabit 4976.2108 BTC wagered (seems right, exact would be 4896)
Anyway, keep up the good work!
Thanks RHavar. I've been having trouble crawling Moneypot-enabled casinos in the past few days. They seem to have added some bot protection since the recent DDoS, and my bot is being caught in it.  I'll get around it, though, and the numbers will adjust themselves shortly. As for the ranking criteria on the homepage, it's actually pretty complex and uses mostly arbitrary metrics. It's basically a points system, and the way casinos get points is by having a high rating, a low edge, provable fairness, a cold wallet, anonymity, an invest option, a high max profit, high weekly/monthly/yearly wagered/bet numbers, etc. It's definitely not the most effective system, but whatever. |
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