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Author Topic: Primedice.com | Creators of Dicing 🎲 | 29 Billion Bets | 112+ BTC Jackpot!  (Read 1927180 times)
adaseb
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July 25, 2019, 06:02:16 AM
 #31041

@Symphonized
Do you guys have a data that shows if the amount of bitcoin and wagers increase or decrease during bull runs and bear runs?
Like if bitcoin goes down, does the amount wagered here and the number wagered here changes? Same for bitcoin going down.

I feel like bitcoin going down must mean the bitcoin amount wagered here must be staying about the same but the number of wageres must be lowering and people would be betting bigger numbers per bet but the end result for total must be same. Whereas when bitcoin goes up they must be betting smaller ones but more frequently which still the end result stays the same. I have no data to back this up and if you could ask one of your guys to check how the price changes affect primedice or if there is any affect or not, that could be an awesome information.

If I were to guess I would say that as Bitcoin goes down so does the amount of bets and amount wagered. When BTC is up, people have more net worth and they spent it on either products or gambling. When BTC is down, people have less disposible income and cut back on certain things like gambling.

One way you can calculate this is see how many rolls per day or week were performed during a bull market and compare it to a bear market. I understand that the amount wagered can't be calculated this way but assume its the same. So most likely the amount of rolls in a bear market will be less than a bull market like today.

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Symphonized
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July 25, 2019, 04:42:27 PM
 #31042

@Symphonized
Do you guys have a data that shows if the amount of bitcoin and wagers increase or decrease during bull runs and bear runs?
Like if bitcoin goes down, does the amount wagered here and the number wagered here changes? Same for bitcoin going down.

I feel like bitcoin going down must mean the bitcoin amount wagered here must be staying about the same but the number of wageres must be lowering and people would be betting bigger numbers per bet but the end result for total must be same. Whereas when bitcoin goes up they must be betting smaller ones but more frequently which still the end result stays the same. I have no data to back this up and if you could ask one of your guys to check how the price changes affect primedice or if there is any affect or not, that could be an awesome information.

If I were to guess I would say that as Bitcoin goes down so does the amount of bets and amount wagered. When BTC is up, people have more net worth and they spent it on either products or gambling. When BTC is down, people have less disposible income and cut back on certain things like gambling.

One way you can calculate this is see how many rolls per day or week were performed during a bull market and compare it to a bear market. I understand that the amount wagered can't be calculated this way but assume its the same. So most likely the amount of rolls in a bear market will be less than a bull market like today.

Yes that's basically how you should understand how much wagering is being made compared with correlated price.


The PD Daily Races are truly in full swing now!
Let us know below how you've gone in them over the past few weeks, and tweet at us some of your results!
At https://twitter.com/Primedice

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July 26, 2019, 08:09:08 PM
 #31043

Who saw our email last night?
For the next SEVEN days, players who finish in the top ten of our daily races are going to receive an extra bonus!
Race 1 is on now, where are you going to finish?


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July 27, 2019, 11:15:12 PM
 #31044

Race #2 of our daily races where the top 10 will earn an EXTRA prize is up and swinging!
Please remember bonuses will be paid out on the 1st August after the seven races are finished!
Good luck 😎

7788bitcoin
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July 28, 2019, 06:18:34 AM
 #31045

If I were to guess I would say that as Bitcoin goes down so does the amount of bets and amount wagered. When BTC is up, people have more net worth and they spent it on either products or gambling. When BTC is down, people have less disposible income and cut back on certain things like gambling.
Theoretically what you are saying is true but prime dice attracts more whales who owns a lot of coins from the initial mining spree and they would have amazed ten thousands of coins without much effort and you see them roll in prime dice once in a while and they do not bother about the price and then there are players who wage when they score big in future contracts.
BTCevo
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July 28, 2019, 02:39:46 PM
 #31046

If I were to guess I would say that as Bitcoin goes down so does the amount of bets and amount wagered. When BTC is up, people have more net worth and they spent it on either products or gambling. When BTC is down, people have less disposible income and cut back on certain things like gambling.
Theoretically what you are saying is true but prime dice attracts more whales who owns a lot of coins from the initial mining spree and they would have amazed ten thousands of coins without much effort and you see them roll in prime dice once in a while and they do not bother about the price and then there are players who wage when they score big in future contracts.

Somehow I do not agree because what we usually playing with is coin meanwhile what we expect to have is currency. So with the changing on the bitcoin price of course it will affect the coin itself so with the lower bitcoin price then we will have higher amount of coin which is we can bet more than usual and on the other hand you will bet less when the price is skyrocketing. So I can say with bitcoin price fluctuative it does not really affect any gambler because in the end what we all expect is profit in currency

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July 28, 2019, 05:25:33 PM
 #31047

Race #3 of our daily races where the top 10 will earn an EXTRA prize is up and swinging!
Please remember bonuses will be paid out on the 1st August after the seven races are finished!
Good luck 😎

adaseb
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July 29, 2019, 08:17:59 AM
 #31048

If I were to guess I would say that as Bitcoin goes down so does the amount of bets and amount wagered. When BTC is up, people have more net worth and they spent it on either products or gambling. When BTC is down, people have less disposible income and cut back on certain things like gambling.
Theoretically what you are saying is true but prime dice attracts more whales who owns a lot of coins from the initial mining spree and they would have amazed ten thousands of coins without much effort and you see them roll in prime dice once in a while and they do not bother about the price and then there are players who wage when they score big in future contracts.

Somehow I do not agree because what we usually playing with is coin meanwhile what we expect to have is currency. So with the changing on the bitcoin price of course it will affect the coin itself so with the lower bitcoin price then we will have higher amount of coin which is we can bet more than usual and on the other hand you will bet less when the price is skyrocketing. So I can say with bitcoin price fluctuative it does not really affect any gambler because in the end what we all expect is profit in currency

I know what you are saying. Basically if BTC was $1/BTC and you typically wagered $50 a bet you could bet 50 BTC each time. When BTC is $50/BTC you would wager 1 BTC each time.

This is probably what most people are doing, because everybody in their mind keeps the fiat value in check. However the original post to this question was different. He asked if there are more people betting during a bull market or vice versa.

I think when BTC goes down, people are risk-off and they generally don't gamble as much just in case there is a larger crash and they end up with less fiat money. When BTC goes up, people are risk-on and they generally gamble more since they got more disposible income.

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Symphonized
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July 29, 2019, 12:15:05 PM
Last edit: July 29, 2019, 05:17:16 PM by Symphonized
 #31049

If I were to guess I would say that as Bitcoin goes down so does the amount of bets and amount wagered. When BTC is up, people have more net worth and they spent it on either products or gambling. When BTC is down, people have less disposible income and cut back on certain things like gambling.
Theoretically what you are saying is true but prime dice attracts more whales who owns a lot of coins from the initial mining spree and they would have amazed ten thousands of coins without much effort and you see them roll in prime dice once in a while and they do not bother about the price and then there are players who wage when they score big in future contracts.

Somehow I do not agree because what we usually playing with is coin meanwhile what we expect to have is currency. So with the changing on the bitcoin price of course it will affect the coin itself so with the lower bitcoin price then we will have higher amount of coin which is we can bet more than usual and on the other hand you will bet less when the price is skyrocketing. So I can say with bitcoin price fluctuative it does not really affect any gambler because in the end what we all expect is profit in currency

I know what you are saying. Basically if BTC was $1/BTC and you typically wagered $50 a bet you could bet 50 BTC each time. When BTC is $50/BTC you would wager 1 BTC each time.

This is probably what most people are doing, because everybody in their mind keeps the fiat value in check. However the original post to this question was different. He asked if there are more people betting during a bull market or vice versa.

I think when BTC goes down, people are risk-off and they generally don't gamble as much just in case there is a larger crash and they end up with less fiat money. When BTC goes up, people are risk-on and they generally gamble more since they got more disposible income.

Basically gamblers do find more oportunities in wagering more by reflecting prices amount, as if it gets bigger they have the reach on getting high wagering amounts thus more profit due to profit rise or drop.
There are some specific topics about it at our Forum: https://forum.primedice.com/


💰 Look at all of that Ethereum put down on a 62% chance to win, 1.60x payout game.
If you Like, comment & retweet this post you can win some Ethereum too!
2 winners for $5 each!


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July 29, 2019, 08:05:36 PM
Merited by DarkDays (1)
 #31050

The total bet amount of over 33 bn is crazy high and when thinking that only 41.4 was wagered it leaves future gamblers in limbo, should you bet or should you try your little amount of money on other games in which you can probably calculate the odds of winning  Cry
I learnt that for me what works best is to go for smaller jackpots where at least you can get an idea of what the chances of winning are - it works for me!

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Symphonized
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July 30, 2019, 01:12:47 PM
Last edit: July 30, 2019, 10:40:19 PM by Symphonized
 #31051

The total bet amount of over 33 bn is crazy high and when thinking that only 41.4 was wagered it leaves future gamblers in limbo, should you bet or should you try your little amount of money on other games in which you can probably calculate the odds of winning  Cry
I learnt that for me what works best is to go for smaller jackpots where at least you can get an idea of what the chances of winning are - it works for me!

Which other games are you referring to?
Primedice has only Dice game.

What you think about our Races?

Just TWO races to go where you can earn a bonus just for placing in the top 10!
Better be quick 🏁


By the way:
Please be aware of fake accounts and scammers who pose as Primedice on social media in comments and threads.
Remember that we will never ask for crypto to be sent to any address on social media.
Please be careful and take care.

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July 31, 2019, 11:06:04 PM
Last edit: August 01, 2019, 08:14:53 AM by Symphonized
 #31052

🏆 Primedice & Chill challenge | https://forum.primedice.com/topic/36631-%F0%9F%8F%86-01-btc-primedice-chill-gone-in-60-seconds/
You're going to have to be fast if you want to complete this timed challenge!
Winners will receive part of a prize pool worth up to 0.1 BTC!




ONE LAST PUSH!
There is not long left to win an extra bonus in our PD Daily Races!
Finish in the top 10 in today's race and you will be rewarded

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August 01, 2019, 09:02:10 PM
Last edit: August 02, 2019, 08:15:16 AM by Symphonized
 #31053

Finally we are seeing an upper swing again Wink
Could this be the return of previous $13.000 mark?
What are you concerns and changes that you apply at your Primedice bets with such change?




⬇⬇ Read what our man Eddie has to say below on Coin Crunch's latest gambling piece!
https://twitter.com/EdMiroslav/status/1157085669904097281

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August 02, 2019, 10:24:54 PM
 #31054

Quick stats on current 24 hours race Cool
See if you can reach those top 3 placements and grab some awesome profits Wink


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August 02, 2019, 10:45:59 PM
 #31055

Quick stats on current 24 hours race Cool
See if you can reach those top 3 placements and grab some awesome profits Wink



Gosh, from my perspective I don't know how the top high-roller was able to wager ~29 BTC, for me that's an insane about. Still it would be interesting to see if there's actually anyone who has enough BTC and that is brave enough to out-throne this guy  Shocked

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janggernaut
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August 02, 2019, 11:02:24 PM
 #31056


Gosh, from my perspective I don't know how the top high-roller was able to wager ~29 BTC, for me that's an insane about. Still it would be interesting to see if there's actually anyone who has enough BTC and that is brave enough to out-throne this guy  Shocked
It's kinda easy, just bet with 0.1 btc at highest chance on PD and increase the bet 10x when your bet lose (yea, 10x from 0.1 btc it means you risked 1 btc on the next bet)

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iePlay NoweiI
I
I
I
Symphonized
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August 03, 2019, 03:34:43 AM
Last edit: August 03, 2019, 06:26:00 PM by Symphonized
 #31057


Gosh, from my perspective I don't know how the top high-roller was able to wager ~29 BTC, for me that's an insane about. Still it would be interesting to see if there's actually anyone who has enough BTC and that is brave enough to out-throne this guy  Shocked
It's kinda easy, just bet with 0.1 btc at highest chance on PD and increase the bet 10x when your bet lose (yea, 10x from 0.1 btc it means you risked 1 btc on the next bet)

That's some very strategy indeed.
Join our Forum at https://forum.primedice.com/
And discuss these awesome wagering amounts with the community and maybe they will help you out with some other unique strategies Wink
There are alot of strategies to be revealed so put your brains together in this mission Cool


[0.00171 BTC] Hunt Jackpot Numbers!

Jackpot Number

🍀🎇 77.77 🎇🍀

"As you know, the number 77.77 is a sacred number as a Jackpot. Let's see who is lucky to collect this sacred number".


Requirements:

Win roll 77.77 on whatever multiplier you can and it must be a winning bet!
There are no minimum bet amounts. You can bet with 0 too.
You must get number 77.77 two times to participate in this hosting, but not in a row.
You can edit your posts if you get a shorter time between these two bets.
Bets must be made after the start of this promotion.
Hosted promotion is valid for 1 day (24 hours)


Prizes:

1st place: 0.0003
2nd Place: 0.0002
3rd place: 0.00015
4-10th place: 0.00008
11-20th palce: 0.00005


How is the ranking of the winners determined?

1.The closest distance between the first 77.77 and the second bet is the rank we will use as a parimeter.

2. In the event of a draw, players will be ranked according to the time of posting their entries in this thread.


Giveaway's Topic: https://forum.primedice.com/topic/36687-000171-btc-hunt-jackpot-numbers/

Symphonized
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August 04, 2019, 01:57:28 PM
Last edit: August 04, 2019, 08:56:00 PM by Symphonized
 #31058

Another 24 hours Race has started Cool
Join the adventure for the remaining 22 hours and you might get yourself as winner:




Update: 15 hours left Shocked


adaseb
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August 05, 2019, 07:59:24 AM
 #31059


Gosh, from my perspective I don't know how the top high-roller was able to wager ~29 BTC, for me that's an insane about. Still it would be interesting to see if there's actually anyone who has enough BTC and that is brave enough to out-throne this guy  Shocked
It's kinda easy, just bet with 0.1 btc at highest chance on PD and increase the bet 10x when your bet lose (yea, 10x from 0.1 btc it means you risked 1 btc on the next bet)

Yes it does sound easy but its not when that rare chance happens and you end up rolling a loss. I actually tried doing this back in 2015 or so. Basically I wanted to rise to a higher rank on PD and I needed to wager more.

So instead of wagering 50/50 like I normally did I just wagered something like 98% win chance. It was fine until after the 10th bet or so which was a loss and took a huge drain in my balance.

You can get lucky and roll 98 winners in a row before you hit the 2 losers but it can be like me and happen withing 10 bets and getting a loss.

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Symphonized
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August 05, 2019, 02:07:14 PM
 #31060



💖 The community favourite in this week's Choose a Charity is @World_Wildlife!
Special thanks to everyone who votes in these events because you're helping to make a positive change!

$1,000 donation


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