shanem
Legendary
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Activity: 1344
Merit: 1000
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April 29, 2015, 02:41:41 PM |
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Gambling site will always win in the long run due to the house edge. Sites will need huge capital in case of some lucky wins by whales to pay out to them.
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trafficolaa
Legendary
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Activity: 1008
Merit: 1000
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April 29, 2015, 03:29:27 PM |
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Gambling site will always win in the long run due to the house edge. Sites will need huge capital in case of some lucky wins by whales to pay out to them.
House Edge is the key of success of every gambling site sometime very few lucky gamblers won big money but in long term in the only House Edge win there, PD has much much big bankroll and player got paid intantly.
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shadobitz
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April 29, 2015, 03:34:40 PM |
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Gambling site will always win in the long run due to the house edge. Sites will need huge capital in case of some lucky wins by whales to pay out to them.
House Edge is the key of success of every gambling site sometime very few lucky gamblers won big money but in long term in the only House Edge win there, PD has much much big bankroll and player got paid intantly. i agree with you much hard to defeat the house edge, Primedice is the biggest dice site ever with huge bankroll and i have no issue with payout with them.
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btc-facebook
Legendary
Offline
Activity: 1862
Merit: 1015
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April 29, 2015, 03:44:28 PM |
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Gambling site will always win in the long run due to the house edge. Sites will need huge capital in case of some lucky wins by whales to pay out to them.
But how HP able to win 2000 coins? He's just using 33,33% chance to win the coin and keep rolling in long run. Is he really pure lucky or he's cheated ? But if he was cheated, I think Stunna will not allow him to withdraw the winnings on that time.
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Southpaw0
Legendary
Offline
Activity: 1318
Merit: 1010
666 - slave 2 the grind -
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April 29, 2015, 03:54:57 PM |
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Gambling site will always win in the long run due to the house edge. Sites will need huge capital in case of some lucky wins by whales to pay out to them.
this is true unless you hit a streak and are smart enough to cash out when ahead. most people keep trying their luck and end up busting due to greed.
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ill handcuff you to the shower and put an apple in your mouth with the water running on cold then you handcuff me to the bed and go to town.. just dont BURN the house down with your hot ass oven cus i will be dead and you will be gone
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arallmuus
Legendary
Offline
Activity: 2702
Merit: 1426
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April 29, 2015, 04:52:34 PM |
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But how HP able to win 2000 coins? He's just using 33,33% chance to win the coin and keep rolling in long run. Is he really pure lucky or he's cheated ? But if he was cheated, I think Stunna will not allow him to withdraw the winnings on that time.
Well, where have you been the whole time? Even stunna has stated that Hufflepuff cheated , he knew the server seed thus allowing him to know what the next roll will be It is not a secret anymore that he cheated and Stunna will publish on how he do it on PrimeDice's Blog ( dont expect this, gonna takes some time). At first , he was playing smartly and Stunna might thought that he was legit and let him withdraw it Since this up again.
Robinnhood = Hufflepuff. Both abusing the same exploit I posted about a couple of months ago.
Hufflepuff was paid out over 2.5k BTC over multiple accounts he used with this exploit. Can link the TXID's if need be since I'm not concerned about his privacy obviously. Robinnhood however was not paid out as when we patched the glitch we made it so anyone who did it could not withdraw in an attempt to recoup a small amount of our losses from the exploit. So instead he kept rolling wins in attempt to be funny with no ability to cash out.
Hope this clears things up.
And Primedice's bank roll was barely affected and the exploit is now 100% fixed. The exploit only affected the house & not players. This is another reason why we don't accept investments and advise others to be careful doing so! Unforeseeable stuff like this happens.
Thank you for the fast reply, can you post here in the forum the various transaction id ? I think it would be a valid proof. EDIT: can you explain the exploit, not it is patched so I think there is not a problem. Maybe better privately. Here's the address he was cashing out to. https://blockchain.info/address/14iS2UvcLK33xkC1K1qL1dhEbp49aiNfNphttp://www.walletexplorer.com/wallet/4c9d4c23c65af238?from_address=14iS2UvcLK33xkC1K1qL1dhEbp49aiNfNp
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tspacepilot
Legendary
Offline
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
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April 29, 2015, 05:09:02 PM |
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I think all these online games and gambling stuff is time consuming and wasting money... is there any one who can actually say he become rich with this?
Gambling in most of the cases has negative EV, and that's why you should gamble for fun but not for profit. BTW, gambling is a zero-sum game. While gamblers will most likely lose their money, gambling site owners will become rich from it. Exactly. People who gamble in a healthy way aren't really expecting to get rich, we're expecting to lose money. However, I also lose money when I got to a movie, or when I buy a sandwich or a beer. Sometimes you trade money for fun---I consider gambling to be in that class of activities.
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vendetahome
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April 29, 2015, 06:13:25 PM |
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I think all these online games and gambling stuff is time consuming and wasting money... is there any one who can actually say he become rich with this?
Rookie, It depends where you play. Follow me and I show you the world "DD" it doesnt depend where you play if you play you will most probably loose money
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Stunna (OP)
Legendary
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Activity: 3192
Merit: 1279
Primedice.com, Stake.com
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April 30, 2015, 06:22:30 AM |
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Friends,
Effective immediately Primedice will no longer accept deposits from visitors located within certain jurisdictions including the US. While Primedice is neither operated nor based in the USA, we've chosen to take proactive measures to mitigate long term risk for our users and service. The legal landscape is quickly shifting and we are choosing to completely block deposits from users located in what we've deemed as higher risk jurisdictions.
Primedice does not make use of US currency nor banking, and this block is not recognition that bitcoin gambling is illegal. This decision has been solely based off of discussions between Primedice and our legal counsel.
I know this news will disappoint many of you, however we're strong believers in Bitcoin and are playing defensively to secure our long term position at the top of this rapidly growing industry. We're confident that every major online casino will accept Bitcoin within the next five years and we're determined to compete directly with them by continuing to create new disruptive experiences. We've been lucky enough to see the transformative power of Bitcoin with regards to gambling from a first hand perspective and are confident this is the right decision moving forward.
Thank You,
Primedice Team
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marcm
Member
Offline
Activity: 94
Merit: 10
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April 30, 2015, 06:29:19 AM |
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Friends,
Effective immediately Primedice will no longer accept deposits from visitors located within certain jurisdictions including the US. While Primedice is neither operated nor based in the USA, we've chosen to take proactive measures to mitigate long term risk for our users and service. The legal landscape is quickly shifting and we are choosing to completely block deposits from users located in what we've deemed as higher risk jurisdictions.
Primedice does not make use of US currency nor banking, and this block is not recognition that bitcoin gambling is illegal. This decision has been solely based off of discussions between Primedice and our legal counsel.
I know this news will disappoint many of you, however we're strong believers in Bitcoin and are playing defensively to secure our long term position at the top of this rapidly growing industry. We're confident that every major online casino will accept Bitcoin within the next five years and we're determined to compete directly with them by continuing to create new disruptive experiences. We've been lucky enough to see the transformative power of Bitcoin with regards to gambling from a first hand perspective and are confident this is the right decision moving forward.
Thank You,
Primedice Team
Is US block? what about the other country?
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WhatTheGox
Legendary
Offline
Activity: 812
Merit: 1000
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April 30, 2015, 06:33:13 AM |
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Friends,
Effective immediately Primedice will no longer accept deposits from visitors located within certain jurisdictions including the US. While Primedice is neither operated nor based in the USA, we've chosen to take proactive measures to mitigate long term risk for our users and service. The legal landscape is quickly shifting and we are choosing to completely block deposits from users located in what we've deemed as higher risk jurisdictions.
Primedice does not make use of US currency nor banking, and this block is not recognition that bitcoin gambling is illegal. This decision has been solely based off of discussions between Primedice and our legal counsel.
I know this news will disappoint many of you, however we're strong believers in Bitcoin and are playing defensively to secure our long term position at the top of this rapidly growing industry. We're confident that every major online casino will accept Bitcoin within the next five years and we're determined to compete directly with them by continuing to create new disruptive experiences. We've been lucky enough to see the transformative power of Bitcoin with regards to gambling from a first hand perspective and are confident this is the right decision moving forward.
Thank You,
Primedice Team
Oh my this will be upsetting to many, it could be worse though. At least with primedice they dont take your details to gamble like fiat sites.
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rony_90
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April 30, 2015, 06:44:53 AM |
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Friends,
Effective immediately Primedice will no longer accept deposits from visitors located within certain jurisdictions including the US. While Primedice is neither operated nor based in the USA, we've chosen to take proactive measures to mitigate long term risk for our users and service. The legal landscape is quickly shifting and we are choosing to completely block deposits from users located in what we've deemed as higher risk jurisdictions.
Primedice does not make use of US currency nor banking, and this block is not recognition that bitcoin gambling is illegal. This decision has been solely based off of discussions between Primedice and our legal counsel.
I know this news will disappoint many of you, however we're strong believers in Bitcoin and are playing defensively to secure our long term position at the top of this rapidly growing industry. We're confident that every major online casino will accept Bitcoin within the next five years and we're determined to compete directly with them by continuing to create new disruptive experiences. We've been lucky enough to see the transformative power of Bitcoin with regards to gambling from a first hand perspective and are confident this is the right decision moving forward.
Thank You,
Primedice Team
This sucks dude.. Can you please confirm if India is blocked or not?
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WhatTheGox
Legendary
Offline
Activity: 812
Merit: 1000
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April 30, 2015, 06:49:48 AM |
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This sucks dude.. Can you please confirm if India is blocked or not? India blocked? why would that be the case, connections to USA?
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shulio
Legendary
Offline
Activity: 1540
Merit: 1016
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April 30, 2015, 07:03:00 AM |
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Friends,
Effective immediately Primedice will no longer accept deposits from visitors located within certain jurisdictions including the US. While Primedice is neither operated nor based in the USA, we've chosen to take proactive measures to mitigate long term risk for our users and service. The legal landscape is quickly shifting and we are choosing to completely block deposits from users located in what we've deemed as higher risk jurisdictions.
Primedice does not make use of US currency nor banking, and this block is not recognition that bitcoin gambling is illegal. This decision has been solely based off of discussions between Primedice and our legal counsel.
I know this news will disappoint many of you, however we're strong believers in Bitcoin and are playing defensively to secure our long term position at the top of this rapidly growing industry. We're confident that every major online casino will accept Bitcoin within the next five years and we're determined to compete directly with them by continuing to create new disruptive experiences. We've been lucky enough to see the transformative power of Bitcoin with regards to gambling from a first hand perspective and are confident this is the right decision moving forward.
Thank You,
Primedice Team
Can you list the other certain jurisdictions that you mentioned apart from the US? any issue with playing there again by using vpn or other ip changer application? Even if you make this announcement im afraid that many people from US will still play there by using vpn or the other ip changer
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LiQuidx
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April 30, 2015, 07:07:13 AM |
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Friends,
Effective immediately Primedice will no longer accept deposits from visitors located within certain jurisdictions including the US. While Primedice is neither operated nor based in the USA, we've chosen to take proactive measures to mitigate long term risk for our users and service. The legal landscape is quickly shifting and we are choosing to completely block deposits from users located in what we've deemed as higher risk jurisdictions.
Primedice does not make use of US currency nor banking, and this block is not recognition that bitcoin gambling is illegal. This decision has been solely based off of discussions between Primedice and our legal counsel.
I know this news will disappoint many of you, however we're strong believers in Bitcoin and are playing defensively to secure our long term position at the top of this rapidly growing industry. We're confident that every major online casino will accept Bitcoin within the next five years and we're determined to compete directly with them by continuing to create new disruptive experiences. We've been lucky enough to see the transformative power of Bitcoin with regards to gambling from a first hand perspective and are confident this is the right decision moving forward.
Thank You,
Primedice Team
Can you list the other certain jurisdictions that you mentioned apart from the US? any issue with playing there again by using vpn or other ip changer application? Even if you make this announcement im afraid that many people from US will still play there by using vpn or the other ip changer I don't think there will be an issue using a VPN or a proxy unless PrimeDice decides to block those too.
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shulio
Legendary
Offline
Activity: 1540
Merit: 1016
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April 30, 2015, 07:10:53 AM |
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Friends,
Effective immediately Primedice will no longer accept deposits from visitors located within certain jurisdictions including the US. While Primedice is neither operated nor based in the USA, we've chosen to take proactive measures to mitigate long term risk for our users and service. The legal landscape is quickly shifting and we are choosing to completely block deposits from users located in what we've deemed as higher risk jurisdictions.
Primedice does not make use of US currency nor banking, and this block is not recognition that bitcoin gambling is illegal. This decision has been solely based off of discussions between Primedice and our legal counsel.
I know this news will disappoint many of you, however we're strong believers in Bitcoin and are playing defensively to secure our long term position at the top of this rapidly growing industry. We're confident that every major online casino will accept Bitcoin within the next five years and we're determined to compete directly with them by continuing to create new disruptive experiences. We've been lucky enough to see the transformative power of Bitcoin with regards to gambling from a first hand perspective and are confident this is the right decision moving forward.
Thank You,
Primedice Team
Can you list the other certain jurisdictions that you mentioned apart from the US? any issue with playing there again by using vpn or other ip changer application? Even if you make this announcement im afraid that many people from US will still play there by using vpn or the other ip changer I don't think there will be an issue using a VPN or a proxy unless PrimeDice decides to block those too. You are right there is no announcement about using VPN , but still it is not clear enough for me that is why Im asking for confirmation, because I dont want them to block my account and dont allow me to withdraw if they knew that I access it from VPN.
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TriggerX
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April 30, 2015, 07:14:25 AM |
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A primedice user told me this online and I was wondering if it was true or not.
Is it true making bigger bets is better than lots of smaller bets? Because if you make a big bet it's either a win or lose, but can have a losing streak in which you lose all your money. Which one is better? or are they the same?
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Hi!
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MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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April 30, 2015, 07:23:18 AM |
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Friends,
Effective immediately Primedice will no longer accept deposits from visitors located within certain jurisdictions including the US. While Primedice is neither operated nor based in the USA, we've chosen to take proactive measures to mitigate long term risk for our users and service. The legal landscape is quickly shifting and we are choosing to completely block deposits from users located in what we've deemed as higher risk jurisdictions.
Primedice does not make use of US currency nor banking, and this block is not recognition that bitcoin gambling is illegal. This decision has been solely based off of discussions between Primedice and our legal counsel.
I know this news will disappoint many of you, however we're strong believers in Bitcoin and are playing defensively to secure our long term position at the top of this rapidly growing industry. We're confident that every major online casino will accept Bitcoin within the next five years and we're determined to compete directly with them by continuing to create new disruptive experiences. We've been lucky enough to see the transformative power of Bitcoin with regards to gambling from a first hand perspective and are confident this is the right decision moving forward.
Thank You,
Primedice Team
Oh my this will be upsetting to many, it could be worse though. At least with primedice they dont take your details to gamble like fiat sites. Use VPN's and never care about stuff like that
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MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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April 30, 2015, 07:25:22 AM |
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Friends,
Effective immediately Primedice will no longer accept deposits from visitors located within certain jurisdictions including the US. While Primedice is neither operated nor based in the USA, we've chosen to take proactive measures to mitigate long term risk for our users and service. The legal landscape is quickly shifting and we are choosing to completely block deposits from users located in what we've deemed as higher risk jurisdictions.
Primedice does not make use of US currency nor banking, and this block is not recognition that bitcoin gambling is illegal. This decision has been solely based off of discussions between Primedice and our legal counsel.
I know this news will disappoint many of you, however we're strong believers in Bitcoin and are playing defensively to secure our long term position at the top of this rapidly growing industry. We're confident that every major online casino will accept Bitcoin within the next five years and we're determined to compete directly with them by continuing to create new disruptive experiences. We've been lucky enough to see the transformative power of Bitcoin with regards to gambling from a first hand perspective and are confident this is the right decision moving forward.
Thank You,
Primedice Team
Can you list the other certain jurisdictions that you mentioned apart from the US? any issue with playing there again by using vpn or other ip changer application? Even if you make this announcement im afraid that many people from US will still play there by using vpn or the other ip changer I don't think there will be an issue using a VPN or a proxy unless PrimeDice decides to block those too. You are right there is no announcement about using VPN , but still it is not clear enough for me that is why Im asking for confirmation, because I dont want them to block my account and dont allow me to withdraw if they knew that I access it from VPN. Not gonna happen . Im 100% sure u can use VPN and there is no way for primedice to tell u come from US or whatever. And there is not much will to know that to so u will be good . In bitcoin world and gambling , we should all use VPN's anyways privacy is the big thing lately .
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LiQuidx
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April 30, 2015, 08:03:34 AM |
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A primedice user told me this online and I was wondering if it was true or not.
Is it true making bigger bets is better than lots of smaller bets? Because if you make a big bet it's either a win or lose, but can have a losing streak in which you lose all your money. Which one is better? or are they the same?
It all depends on you. The risk is still the same.. By doing larger bets obviously your stake is much bigger and a small number of losses will cost you your bank. On the other hand doing a lot of small bets you risk a big losing streak which can again cost you your bank. So it's just a matter of preference or how you want to win (or lose).
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