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Author Topic: Primedice.com | Since 2013 | Longest Running Crypto Casino | 113 BTC Jackpot!  (Read 1986711 times)
Zaih
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June 25, 2015, 03:37:54 AM
 #16621

I am curious as to what the thoughts are on what the fallout will be like once the governments of respective countries begin to take real notice/interest in these sites. It's only until very recently the any form of spotlight has been shed on the fact the Bitcoin is becoming a prime currency for online gambling; and also is a huge way to hide earnings and skim from the house. How easy would it be to simply tweak server settings on any site and "allow" a player to win "huge" amounts and simply claim it as a loss. While "untraceable" as it can be made out; I wouldnt underestimate a tax agency of a government's ability to make the target of such accusations life very difficult.

I know people mentioned that many sites were beginning to restrict usage of their services within jurisdictions where laws are violated (one such example is PD no longer accepting deposits from US IP addresses). However it's no secret a $20 per year VPN connection completely circumvents any such restriction.

The fact that most of these sites require no age verification whatsoever other than checking a box; which was, up until only recently implemented; likely leads me to believe that dice sites in general are havens for teenagers and literally kids gambling off faucet payouts. (They've got nothing better to do).

As the owner of Seals with Clubs is now facing charges; I suspect more investigations will follow suit. These will be driven by the agencies of government to collect illegal earnings/revenue/taxes on undeclared income (no accusations at all here for PD; just generally speaking what their motives will be).

The IRS for instance is simply a business and will look at it as matter of fact: Was the business operating on US soil (did it have relays/servers/cloud flare connections); if yes; there will be a case made that the business is thus subject to the laws of gaming as well as the tax laws of the USA.

As the IRS acts as a business (which most people don't realize); they look at all cases as risk/reward. If they can seize large amounts of money; and make a strong case; they will simply assemble the team to do what is necessary.

The major corporations and banking institutions which finance and back the casinos and gambling venues within the USA will soon I imagine be deploying serious offerings into this arena; either here or offshore. Any existing Dice Site IMO won't stand a chance in terms of competing against these enterprises who guarantee provably fair with real people/real faces/board of directors/stock holders/and a business address. It's only a matter of time. They also have the financing to literally pour funding into these launches that would simply not be possible by even the all the dice sites combined.

It's just a matter of time until they pull the trigger. They are watching the numbers. Waiting for the right entry point. As soon as the metrics add up; not only will they launch a big time endeavor; they will at the very same time lobby every government with an endless budget to make it a legitimate only industry.

At one point I thought owning a Dice Site would be a great money maker. I'm sure there are a few out there, including PD's investors who have made profits which would shock us all. But I also imagine they sleep with one eye open at all times. Because eventually, someone is going to come knocking for their cut. I mean just look at Kim DotCom... the guy is in lockdown, perpetually, just waiting for more bad news every day. I'm sure it takes it's toll.

Just my two cents on the subject. It will be interesting to see how the SWC case in Nevada plays out.

Interesting take on the whole matter. I feel as if Stunna has obviously thought all this stuff through since he's obviously taking professional legal advice. It'd be interesting what sort of approach the US would take in order to take a website like Primedice down.. But then again why would they start at Primedice when they are actually take some what proactive measures to mitigate US customers? There's other websites that are blatantly accepting them so they should definitely be the ones that will be looked into first.

When those sort of websites begin getting torn apart that's probably when Primedice and other more legal websites will start having to either close shop before the game changes too much, or change the way they are compliant. Obviously IP blocking at this stage isn't good enough but I'm sure they can bring in some KYC stuff in the future. Whether or not that is feasible however is a different question.

It's been a fun ride watching the BTC gambling scene change over the last 3 years and I'm sure it's only going to get more & more interesting as it becomes more relevant.
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June 25, 2015, 04:55:41 AM
 #16622

I am curious as to what the thoughts are on what the fallout will be like once the governments of respective countries begin to take real notice/interest in these sites. It's only until very recently the any form of spotlight has been shed on the fact the Bitcoin is becoming a prime currency for online gambling; and also is a huge way to hide earnings and skim from the house. How easy would it be to simply tweak server settings on any site and "allow" a player to win "huge" amounts and simply claim it as a loss. While "untraceable" as it can be made out; I wouldnt underestimate a tax agency of a government's ability to make the target of such accusations life very difficult.

I know people mentioned that many sites were beginning to restrict usage of their services within jurisdictions where laws are violated (one such example is PD no longer accepting deposits from US IP addresses). However it's no secret a $20 per year VPN connection completely circumvents any such restriction.

The fact that most of these sites require no age verification whatsoever other than checking a box; which was, up until only recently implemented; likely leads me to believe that dice sites in general are havens for teenagers and literally kids gambling off faucet payouts. (They've got nothing better to do).

As the owner of Seals with Clubs is now facing charges; I suspect more investigations will follow suit. These will be driven by the agencies of government to collect illegal earnings/revenue/taxes on undeclared income (no accusations at all here for PD; just generally speaking what their motives will be).

The IRS for instance is simply a business and will look at it as matter of fact: Was the business operating on US soil (did it have relays/servers/cloud flare connections); if yes; there will be a case made that the business is thus subject to the laws of gaming as well as the tax laws of the USA.

As the IRS acts as a business (which most people don't realize); they look at all cases as risk/reward. If they can seize large amounts of money; and make a strong case; they will simply assemble the team to do what is necessary.

The major corporations and banking institutions which finance and back the casinos and gambling venues within the USA will soon I imagine be deploying serious offerings into this arena; either here or offshore. Any existing Dice Site IMO won't stand a chance in terms of competing against these enterprises who guarantee provably fair with real people/real faces/board of directors/stock holders/and a business address. It's only a matter of time. They also have the financing to literally pour funding into these launches that would simply not be possible by even the all the dice sites combined.

It's just a matter of time until they pull the trigger. They are watching the numbers. Waiting for the right entry point. As soon as the metrics add up; not only will they launch a big time endeavor; they will at the very same time lobby every government with an endless budget to make it a legitimate only industry.

At one point I thought owning a Dice Site would be a great money maker. I'm sure there are a few out there, including PD's investors who have made profits which would shock us all. But I also imagine they sleep with one eye open at all times. Because eventually, someone is going to come knocking for their cut. I mean just look at Kim DotCom... the guy is in lockdown, perpetually, just waiting for more bad news every day. I'm sure it takes it's toll.

Just my two cents on the subject. It will be interesting to see how the SWC case in Nevada plays out.

Interesting take on the whole matter. I feel as if Stunna has obviously thought all this stuff through since he's obviously taking professional legal advice. It'd be interesting what sort of approach the US would take in order to take a website like Primedice down.. But then again why would they start at Primedice when they are actually take some what proactive measures to mitigate US customers? There's other websites that are blatantly accepting them so they should definitely be the ones that will be looked into first.

When those sort of websites begin getting torn apart that's probably when Primedice and other more legal websites will start having to either close shop before the game changes too much, or change the way they are compliant. Obviously IP blocking at this stage isn't good enough but I'm sure they can bring in some KYC stuff in the future. Whether or not that is feasible however is a different question.

It's been a fun ride watching the BTC gambling scene change over the last 3 years and I'm sure it's only going to get more & more interesting as it becomes more relevant.

I wasnt for any specific reason bringing these topics up in the PD forum other than for the reason that PD is an emeninant player within this niche industry; if not the leader. And as such, in any business or industry, the bigger you get, the more you are scrutinized, audited, watched, and in many senses, you become a target. '

In regards to PD turning off it's services to the US; which relates to your comment on how they are taking active measures to mitigate any violations of local, state or federal laws of any country where the player resides; while I am not a lawyer I do know that changing your ways does not erase past infringements; nor would it release an entity from being held responsible for any taxes, etc which may be due.

I have no clue on how PD is set up infrastructure wise. I'm speaking in regards to all the big dice sites as a whole. Do they hire moderators for their chat rooms. Are they compensated. Even with BTC. In the US, that makes the person an agent of the company; thus the business then has to comply with the laws within that jurisdiction.

The only loophole I believe would be to hope that the statue of limitations passes; which varies by country. But it's years usually.

It will be interesting. Seals with Clubs will set the stage.

The only big problem I forsee, is that up until recently online gambling has really only exisited in small form; difficult to deposit into; credit cards wont approve, etc. Now with BTC; its big money; tax free (in the players eyes).

I dont think there is a country on earth that doesnt have VERY strict gaming laws and regulations. You must operate with a license. Even in countries like Mexico. Very very strict.

Why? The governments want their cut. If they don't get it. And they view you as deep pockets. They will do whatever they can to collect.

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June 25, 2015, 06:48:29 AM
Last edit: June 25, 2015, 07:00:35 AM by siwakotisaurav
 #16623

I sincerely believe that the dice for all as we know them , were tired , it's true, dice are exciting but eventually you lose the desire to play , from what I see other projects such as luckybit are taking more and more ' foot .
If I remember well some time ago in the social network of pd i read about new features to make it even more ' interactive site

Just wait till you see our new site later this year. I'm confident it will be better than anything out there, bitcoin or not. I'm gonna try really hard not to tease/hype it up too much or make any promises on release dates this time around  Wink.

Also I'll post about hufflepuff this week. I wrote the report a long time ago but wasn't sure if we wanted to publish it, however I think it's important that we disclose it for both transparency and so other sites can learn from our mistakes and save themselves a million dollars.

Last thing, it's probably time we increase our max bet again. We've had a very conserative max bet since after the huffle issue, and I think we're missing out on some whale action as a result. We'll probably double it this week if the rest of the team agrees with me.
HUFFLEPUFF, the thing we've been waiting for months. Well many people did place their guesses how he(EDIT:Some people were even telling "Huflepuff" was a girl) could have done that but confirmed report from PD is better.
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June 25, 2015, 08:02:23 AM
 #16624

Just wait till you see our new site later this year. I'm confident it will be better than anything out there, bitcoin or not. I'm gonna try really hard not to tease/hype it up too much or make any promises on release dates this time around  Wink.

Also I'll post about hufflepuff this week. I wrote the report a long time ago but wasn't sure if we wanted to publish it, however I think it's important that we disclose it for both transparency and so other sites can learn from our mistakes and save themselves a million dollars.

Last thing, it's probably time we increase our max bet again. We've had a very conservative max bet since after the huffle issue, and I think we're missing out on some whale action as a result. We'll probably double it this week if the rest of the team agrees with me.

I think improvements to the site would be welcome, though I'm not sure what more you can do with just dice.  An easy improvement may be the chat lines not taking up so much space but that is pretty minor.

I think a max bet increase is long over due.  I also think some players are confused by the wager+win approach PD uses towards it.  Just set a max win and be done with it.  Good call to boost it.

Like everyone else, I am also interested in how Hufflepuff cheated you and am looking forward to reading the official account.  Maybe, if you are on good terms with them, you can share your report with some of the other dice site owners before releasing it to everyone if you think it is an exploit that could work on their sites as well.

Thanks for a great site and good luck!

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June 25, 2015, 06:30:14 PM
 #16625

HUFFLEPUFF, the thing we've been waiting for months. Well many people did place their guesses how he(EDIT:Some people were even telling "Huflepuff" was a girl) could have done that but confirmed report from PD is better.

We've already told a few people about the specifics so it isn't a total mystery. A lot of people had some good guesses, it isn't a particularly exciting exploit but it definitely isn't something a normal user could have pulled off or known to do.




Just wait till you see our new site later this year. I'm confident it will be better than anything out there, bitcoin or not. I'm gonna try really hard not to tease/hype it up too much or make any promises on release dates this time around  Wink.

Also I'll post about hufflepuff this week. I wrote the report a long time ago but wasn't sure if we wanted to publish it, however I think it's important that we disclose it for both transparency and so other sites can learn from our mistakes and save themselves a million dollars.

Last thing, it's probably time we increase our max bet again. We've had a very conservative max bet since after the huffle issue, and I think we're missing out on some whale action as a result. We'll probably double it this week if the rest of the team agrees with me.

I think improvements to the site would be welcome, though I'm not sure what more you can do with just dice.  An easy improvement may be the chat lines not taking up so much space but that is pretty minor.

I think a max bet increase is long over due.  I also think some players are confused by the wager+win approach PD uses towards it.  Just set a max win and be done with it.  Good call to boost it.

Like everyone else, I am also interested in how Hufflepuff cheated you and am looking forward to reading the official account.  Maybe, if you are on good terms with them, you can share your report with some of the other dice site owners before releasing it to everyone if you think it is an exploit that could work on their sites as well.

Thanks for a great site and good luck!


I think improvements to the site would be welcome, though I'm not sure what more you can do with just dice.  An easy improvement may be the chat lines not taking up so much space but that is pretty minor.

The update I was referring to is the separate casino. Primedice will most likely receive a refresh later this year though, but there is only so much you can add to dicing. We've sort of hit the ceiling on dice in terms of what you can add, we've actually removed more features than we've added the past handful of months. We're reliant on this community for feedback with regards to what the next step is on dicing.

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bfisher1968
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June 26, 2015, 12:10:09 PM
 #16626

Is the api working? I have a betting script that has worked for months and now it doesn't. Anybody?
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June 26, 2015, 12:28:05 PM
 #16627

HUFFLEPUFF, the thing we've been waiting for months. Well many people did place their guesses how he(EDIT:Some people were even telling "Huflepuff" was a girl) could have done that but confirmed report from PD is better.

It always makes me laugh when people assume a user is female when they have a vaguely feminine name or something people think a woman would like or call themselves. That's why it's usually obvious when people are trying to scam and they do everything they can to try convince other people they're a girl (because, women would never scam you right?)

The update I was referring to is the separate casino. Primedice will most likely receive a refresh later this year though, but there is only so much you can add to dicing. We've sort of hit the ceiling on dice in terms of what you can add, we've actually removed more features than we've added the past handful of months. We're reliant on this community for feedback with regards to what the next step is on dicing.

I think this is a good idea branching out. For me dice can get very boring quickly and I agree that there doesn't seem to be much more you or any other dice sites can offer to win new users or keep them other than being trusted and reputable.
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June 26, 2015, 12:59:06 PM
Last edit: June 26, 2015, 01:32:30 PM by micromen
 #16628

Absolutely love this site  Grin

Is the autobet going to be expanded any time soon  Grin


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mattiadeabtc
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June 26, 2015, 01:07:27 PM
 #16629

HUFFLEPUFF, the thing we've been waiting for months. Well many people did place their guesses how he(EDIT:Some people were even telling "Huflepuff" was a girl) could have done that but confirmed report from PD is better.

We've already told a few people about the specifics so it isn't a total mystery. A lot of people had some good guesses, it isn't a particularly exciting exploit but it definitely isn't something a normal user could have pulled off or known to do.


so you're talking about a possible internal job?Huh?                                       
                     


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June 26, 2015, 01:30:21 PM
 #16630

HUFFLEPUFF, the thing we've been waiting for months. Well many people did place their guesses how he(EDIT:Some people were even telling "Huflepuff" was a girl) could have done that but confirmed report from PD is better.

We've already told a few people about the specifics so it isn't a total mystery. A lot of people had some good guesses, it isn't a particularly exciting exploit but it definitely isn't something a normal user could have pulled off or known to do.


so you're talking about a possible internal job?Huh?                                        
                    



Probably more like it would not be easy for any user to exploit it but it would take more advanced user with good knowledge to know how to pull it off .

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June 26, 2015, 01:39:58 PM
 #16631

HUFFLEPUFF, the thing we've been waiting for months. Well many people did place their guesses how he(EDIT:Some people were even telling "Huflepuff" was a girl) could have done that but confirmed report from PD is better.

We've already told a few people about the specifics so it isn't a total mystery. A lot of people had some good guesses, it isn't a particularly exciting exploit but it definitely isn't something a normal user could have pulled off or known to do.


so you're talking about a possible internal job?Huh?                                       
                     



Doesn't stunna only really work with people he knows and trusts for this exact reason? And like mirco said by normal user he probably just meant your average dice user who has little or know knowledge of programming and math therefor wouldn't have the expertise to find such a flaw in the system. I could be wrong, though.
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June 26, 2015, 03:48:27 PM
 #16632

I love how Stunna keeps teasing us and teasing us with revealing what happened with Hufflepuff.  I have to admit, I probably wouldn't have cared but now that he's flirted with me about telling the story like once per months for the last 5 months, I'm freaking chomping at the bit.  Stunna, tell us or quit teasin!

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June 26, 2015, 03:57:53 PM
 #16633

I sincerely believe that the dice for all as we know them , were tired , it's true, dice are exciting but eventually you lose the desire to play , from what I see other projects such as luckybit are taking more and more ' foot .
If I remember well some time ago in the social network of pd i read about new features to make it even more ' interactive site

Just wait till you see our new site later this year. I'm confident it will be better than anything out there, bitcoin or not. I'm gonna try really hard not to tease/hype it up too much or make any promises on release dates this time around  Wink.

Also I'll post about hufflepuff this week. I wrote the report a long time ago but wasn't sure if we wanted to publish it, however I think it's important that we disclose it for both transparency and so other sites can learn from our mistakes and save themselves a million dollars.

Last thing, it's probably time we increase our max bet again. We've had a very conserative max bet since after the huffle issue, and I think we're missing out on some whale action as a result. We'll probably double it this week if the rest of the team agrees with me.

I hope this time you fulfill your own deadlines.

You almost killed me from expectation about pd3 and other updates Sad
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June 26, 2015, 04:20:12 PM
 #16634

HUFFLEPUFF, the thing we've been waiting for months. Well many people did place their guesses how he(EDIT:Some people were even telling "Huflepuff" was a girl) could have done that but confirmed report from PD is better.

We've already told a few people about the specifics so it isn't a total mystery. A lot of people had some good guesses, it isn't a particularly exciting exploit but it definitely isn't something a normal user could have pulled off or known to do.

Given that you've promised several times to publish a report on this, telling us that you've told 'someone' can only serve to piss us off. Why is it such a secret? Why did you break what you've promised publicly?
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June 26, 2015, 04:20:39 PM
 #16635

I have sent a request because I lost psw to access . look even news ! it's been 48 hours of reports to support!

I registered with the account sasa87it .

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June 26, 2015, 04:29:04 PM
 #16636

Why is it such a secret? Why did you break what you've promised publicly?

Publishing that serves them no benefit at all, this could be a reason Stunna was holding himself into publishing this although in the end he decided to publish it ( will need to wait for "few weeks" I guess) so that the other site could learn from PrimeDice's mistake

I have sent a request because I lost psw to access . look even news ! it's been 48 hours of reports to support!.

Having to wait more than 48 hours is pretty much normal in PrimeDice, you will be lucky if Stunna reply your mail in another 48 hours as there are some cases that someone waited for more than a week without reply. (quote below)
If you lost access to your account then to fasten things up, you will need to provide a deposit address of your account and a signed message from an address that you used to send to the deposit address. 

Also if it is urgent matter to do with your account, you can PM or hit MICRO in chat . He might be able to contact stunna regarding some emergencies or stuff

It has been over a week since I sent my request into primedice support and I still haven't had any reply.   I heard some folks had to wait two weeks so maybe I'll get a reply.  Still though... sort of a sad panda right now Sad

Hasnt seen a follow up from grendel regarding his issue, hope that his issues has been solved

R


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June 27, 2015, 12:33:13 PM
 #16637

Is it me or PD is down? Or is been restricted even for more countries?

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June 27, 2015, 12:36:38 PM
 #16638

Is it me or PD is down? Or is been restricted even for more countries?

Should work for everybody now .

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June 27, 2015, 12:41:22 PM
 #16639

Is it me or PD is down? Or is been restricted even for more countries?
It is up and working for me mate. Europe here. Well you could wait for others to comment on this. http://www.isitdownrightnow.com/primedice.com.html
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June 27, 2015, 02:09:47 PM
 #16640

When are the winners of the facebook competition going to be announced?  Grin


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