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Author Topic: Why the dice hype?  (Read 3973 times)
m0gliE
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February 03, 2016, 05:55:34 PM
 #1

Hey people!

I've got a question for you all:
Why is dice so popular in btc world?

I mean, gambling is not specific to btc, lots of people gamble in fiat no problem with that. But (at least in Europe) dice gamble is something that barely exists! Roulette yes, poker yes, blackjack yes! But dice? Never saw any xD

It's a bit special, maybe dice is a lot more common in the USA or in Russia/China but I find it really specific to bitcoin! And I wonder why dice sites are such a huge trend in the btc gambling world!

Any idea?

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February 03, 2016, 06:01:16 PM
 #2

Hey people!

I've got a question for you all:
Why is dice so popular in btc world?

I mean, gambling is not specific to btc, lots of people gamble in fiat no problem with that. But (at least in Europe) dice gamble is something that barely exists! Roulette yes, poker yes, blackjack yes! But dice? Never saw any xD

It's a bit special, maybe dice is a lot more common in the USA or in Russia/China but I find it really specific to bitcoin! And I wonder why dice sites are such a huge trend in the btc gambling world!

Any idea?

Part of btc gambling history and easiest to make provably fair which is the biggest reason to gamble at fair dice instead of fiat casino the latter are not fair and have huge house edges.  

Plus most bitcoin holders are math geeks and dice is pure math so it sort of fell into place.
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February 03, 2016, 06:04:59 PM
 #3

Because it's so simple, and most important - fast.

Made a table of different dice websites: https://docs.google.com/spreadsheets/d/1APWo6ENbjFgl1ECw52vU5yOZewB-YJSM3LC0QxPetbc/edit#gid=0
m0gliE
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February 03, 2016, 06:07:16 PM
 #4

Hey people!

I've got a question for you all:
Why is dice so popular in btc world?

I mean, gambling is not specific to btc, lots of people gamble in fiat no problem with that. But (at least in Europe) dice gamble is something that barely exists! Roulette yes, poker yes, blackjack yes! But dice? Never saw any xD

It's a bit special, maybe dice is a lot more common in the USA or in Russia/China but I find it really specific to bitcoin! And I wonder why dice sites are such a huge trend in the btc gambling world!

Any idea?

Part of btc gambling history and easiest to make provably fair which is the biggest reason to gamble at fair dice instead of fiat casino the latter are not fair and have huge house edges.  

Plus most bitcoin holders are math geeks and dice is pure math so it sort of fell into place.

Oh.... It's true? No other kind of gambling installed the provably fair feature?
I suppose it can be declined on anything no? Cause it's always a question of "is the site really giving random results or not" so provably fair is just here to check the randomness of the result!

But true for the math part, I had lots of fun on my first betting games on dice xD

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February 03, 2016, 06:08:48 PM
 #5

I also never came across dice sites until coming into the bitcoin world, I have had a go and it is fast and quite dangerous if you get carried away, I can definitely see the attraction.


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m0gliE
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February 03, 2016, 06:14:21 PM
 #6

I also never came across dice sites until coming into the bitcoin world, I have had a go and it is fast and quite dangerous if you get carried away, I can definitely see the attraction.

Yes of course but then why isn't there any kind of dice gambling in the real world?  Smiley

Maybe dices are common in Las Vegas? xD

But I never saw any kind of dice gambling unless it was online and playing with btc! The funny thing is that even with fiat it's not common at all online, it's all in btc  Cheesy

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February 03, 2016, 06:48:42 PM
 #7

I think dice is easy, fast and provably fair to play that's why it's famous. you can win huge amount of money within minutes.

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February 03, 2016, 06:56:57 PM
 #8

Dice is very easy game more people like to play this because it is more easy to understand and can test it from faucet and that can be the main reason which make it popular in btc world.
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February 03, 2016, 06:57:42 PM
 #9

I think dice is easy, fast and provably fair to play that's why it's famous. you can win huge amount of money within minutes.
That don't guarantee that all dice website are really probably fair. Even when they said they are probably fair there are some nasty scripts around the Internet.

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February 03, 2016, 07:00:19 PM
 #10

Low house edge and provably fair system is attractive for many people and most important there is no previous knowledge require to place bet there, it is more to play with chance to make fortune like 1, 2, 3 .....
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February 03, 2016, 07:00:27 PM
 #11

Because initially that's what dices are used for.If you have studied probability,you would see a lot of problems will be based on dice even though there are other options available . Its simply because its easier to understand the concept and the underlying philosophy.Moreover back in the day,the gambling games were used to be played on the actual dices,like two dices in the box and you're suppose to be on any two numbers which would be shown on the top.This also seems completely random and fair.

 

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February 03, 2016, 07:03:30 PM
 #12

Well for i think its easy to play and you can make profit fast but it turn to lose if you are greedy.
Dice is most popular than the others because many website had this game thats why this game is popular..

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February 03, 2016, 07:04:42 PM
 #13

Hey people!

I've got a question for you all:
Why is dice so popular in btc world?

I mean, gambling is not specific to btc, lots of people gamble in fiat no problem with that. But (at least in Europe) dice gamble is something that barely exists! Roulette yes, poker yes, blackjack yes! But dice? Never saw any xD

It's a bit special, maybe dice is a lot more common in the USA or in Russia/China but I find it really specific to bitcoin! And I wonder why dice sites are such a huge trend in the btc gambling world!

Any idea?

It's a simple game not like Poker where you have to learn some pretty complex moves/hands.

It's quick & easy to play, I guess that's why it's so popular.

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February 03, 2016, 07:14:37 PM
 #14

yeah it's a big part of the bitcoin culture, gambling is. And as other people have explained it's very fast, and I think anonymity is a big part is well.



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darkangel11
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February 03, 2016, 09:45:10 PM
 #15

Hey people!

I've got a question for you all:
Why is dice so popular in btc world?

I mean, gambling is not specific to btc, lots of people gamble in fiat no problem with that. But (at least in Europe) dice gamble is something that barely exists! Roulette yes, poker yes, blackjack yes! But dice? Never saw any xD

It's a bit special, maybe dice is a lot more common in the USA or in Russia/China but I find it really specific to bitcoin! And I wonder why dice sites are such a huge trend in the btc gambling world!

Any idea?

It's a simple game not like Poker where you have to learn some pretty complex moves/hands.

It's quick & easy to play, I guess that's why it's so popular.

This doesn't explain much. Slots is easy to play and more enjoyable because of the graphics but it's not as popular in the bitcoin world as dice.

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February 03, 2016, 10:17:47 PM
 #16

Because it's so simple, and most important - fast.

Made a table of different dice websites: https://docs.google.com/spreadsheets/d/1APWo6ENbjFgl1ECw52vU5yOZewB-YJSM3LC0QxPetbc/edit#gid=0
It's also perfect due to the low house edge.
And cool spreadsheet, I'm going to copy that for personal use if you don't mind Smiley

 

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February 03, 2016, 10:25:40 PM
 #17

Hey people!

I've got a question for you all:
Why is dice so popular in btc world?

I mean, gambling is not specific to btc, lots of people gamble in fiat no problem with that. But (at least in Europe) dice gamble is something that barely exists! Roulette yes, poker yes, blackjack yes! But dice? Never saw any xD

It's a bit special, maybe dice is a lot more common in the USA or in Russia/China but I find it really specific to bitcoin! And I wonder why dice sites are such a huge trend in the btc gambling world!

Any idea?

Bitcoin and gambling on dice seem to go hand in hand, I think its very popular because of how quickly it can be done. Not so sure why it hasn't taken off in fiat sites. Maybe the low house edge is a deterrent? Maybe the fiat casino owners don't see much demand for such a simple game. Hard telling. For some reason I don't think I would play dice for fiat.

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February 04, 2016, 01:41:48 AM
 #18

I think dice is easy, fast and provably fair to play that's why it's famous. you can win huge amount of money within minutes.
That don't guarantee that all dice website are really probably fair. Even when they said they are probably fair there are some nasty scripts around the Internet.

That is true. Not all dice sites are probably fair and it should be checked before playing dice. It is quite difficult to check the game fairness for for non technical guys. But this game is very easy to play that's why it attracts many people to try this game.
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February 04, 2016, 02:21:01 AM
 #19

I also never came across dice sites until coming into the bitcoin world, I have had a go and it is fast and quite dangerous if you get carried away, I can definitely see the attraction.

Yes of course but then why isn't there any kind of dice gambling in the real world?  Smiley

Maybe dices are common in Las Vegas? xD

But I never saw any kind of dice gambling unless it was online and playing with btc! The funny thing is that even with fiat it's not common at all online, it's all in btc  Cheesy
Because dice probably the simplest form of gambling which is suitable for bitcoin nature in the first place Tongue
All you gotta do is put the bet amount and pick hi or low
And that's it Tongue


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February 04, 2016, 04:18:53 AM
 #20

actually i have no idea why dice game so popular in bitcoin gambling site but might be because this game is very easy to play and all you have to do during play dice just play and roll
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