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Author Topic: Primedice.com | Since 2013 | Longest Running Crypto Casino | 113 BTC Jackpot!  (Read 1993490 times)
Johncena21
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August 03, 2016, 12:27:31 PM
 #23481

Can amount wagered before faucet inceases be reduced? It took me almost 2 months to wager 1 btc while I see people doing it in hours.
moooonu
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August 03, 2016, 12:36:45 PM
 #23482

unlimited faucets that will be great. Really looking forward for it and hope i make some big amount in here.
maxhor
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August 03, 2016, 12:37:02 PM
 #23483

Can amount wagered before faucet inceases be reduced? It took me almost 2 months to wager 1 btc while I see people doing it in hours.


Wagered amount depend on bankroll and what is base bet amount, faucet will be start increasing after 10 BTC wagered, so nothing can be reduced maybe in future they can change the policy about faucet amount.
Stunna (OP)
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August 03, 2016, 01:30:24 PM
 #23484

We are lifting the faucet restrictions we placed, you can now claim as many times as you'd like a day! We are looking at smarter solutions to combat abuse.



Good. Then we all agree that faucet limits are a rather brute force solution, I'm glad you lift it for the principle of it. But if abuses come back to a too high level, I bet you could also seize the whole account and profit of those who abused it.

A much simpler solution would be to forbid double account, without an account to tip, it gets much harder to farm the faucet IMHO

Agreed, ideally we'd like to crush this issue so we can increase the reward for legitimate users. We wouldn't restrict access to one account due to many of our users having secondary accounts such as "bank" accounts to manage funds.

Stake.com Fastest growing crypto casino & sportsbook
Primedice.com The original bitcoin instant dice game
seuntjie
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August 04, 2016, 11:14:36 AM
 #23485

We are lifting the faucet restrictions we placed, you can now claim as many times as you'd like a day! We are looking at smarter solutions to combat abuse.



Good. Then we all agree that faucet limits are a rather brute force solution, I'm glad you lift it for the principle of it. But if abuses come back to a too high level, I bet you could also seize the whole account and profit of those who abused it.

A much simpler solution would be to forbid double account, without an account to tip, it gets much harder to farm the faucet IMHO

Agreed, ideally we'd like to crush this issue so we can increase the reward for legitimate users. We wouldn't restrict access to one account due to many of our users having secondary accounts such as "bank" accounts to manage funds.

How to crush faucet abuse in 3 easy steps:
Step 1: Remove faucet
Step 2: Ignore people complaining about there being no more faucet.
Step 3: Lose tons of wagered volume and players, but see no real difference in profits (maybe possibly even increase in profits).


People that play only on the faucet, even those just playing for fun and not trying to farm it, need to realize that there's a cost accompanied to processing and storing each bet (server,internet,db +storage space,etc costs). Even if you claim the faucet only 5 times a day and make a few 100 bets for each claim, you're costing PD money to play it. PDs losses because of faucet isn't just the occasional farmer that gets it to a point where he can withdraw, it's much much more. Many sites have minimum bets far above 1 Satoshi because it's more expensive to process and store a 1 satoshi bet than the site theoretically makes from the 1% edge on that bet. Now add to that the fact that the money the 1 sat bet is made with is PDs in the first place and the site makes NO money from that bet, win or lose, and the cost just compounds. Faucets are a much bigger expenses for casinos than most people realize. You're not entitled to a faucet The site's doing you a favour, at their expense.

I'm certain PD can take the money they spend on faucets and processing/storing those bets and allocate them to more useful things, like rewarding 3rd party developers (especially HUI and nahtnam), having more giveaways and competitions and possibly even paying some of their mods for their hard work.

But that's just my not so humble and probably extremely unpopular opinion, besides, what do I know of running a casino?

Also, ETA on chat API documentation?

boosh
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August 04, 2016, 11:47:12 AM
 #23486

We are lifting the faucet restrictions we placed, you can now claim as many times as you'd like a day! We are looking at smarter solutions to combat abuse.



Good. Then we all agree that faucet limits are a rather brute force solution, I'm glad you lift it for the principle of it. But if abuses come back to a too high level, I bet you could also seize the whole account and profit of those who abused it.

A much simpler solution would be to forbid double account, without an account to tip, it gets much harder to farm the faucet IMHO

Agreed, ideally we'd like to crush this issue so we can increase the reward for legitimate users. We wouldn't restrict access to one account due to many of our users having secondary accounts such as "bank" accounts to manage funds.

How to crush faucet abuse in 3 easy steps:
Step 1: Remove faucet
Step 2: Ignore people complaining about there being no more faucet.
Step 3: Lose tons of wagered volume and players, but see no real difference in profits (maybe possibly even increase in profits).


People that play only on the faucet, even those just playing for fun and not trying to farm it, need to realize that there's a cost accompanied to processing and storing each bet (server,internet,db +storage space,etc costs). Even if you claim the faucet only 5 times a day and make a few 100 bets for each claim, you're costing PD money to play it. PDs losses because of faucet isn't just the occasional farmer that gets it to a point where he can withdraw, it's much much more. Many sites have minimum bets far above 1 Satoshi because it's more expensive to process and store a 1 satoshi bet than the site theoretically makes from the 1% edge on that bet. Now add to that the fact that the money the 1 sat bet is made with is PDs in the first place and the site makes NO money from that bet, win or lose, and the cost just compounds. Faucets are a much bigger expenses for casinos than most people realize. You're not entitled to a faucet The site's doing you a favour, at their expense.

I'm certain PD can take the money they spend on faucets and processing/storing those bets and allocate them to more useful things, like rewarding 3rd party developers (especially HUI and nahtnam), having more giveaways and competitions and possibly even paying some of their mods for their hard work.

But that's just my not so humble and probably extremely unpopular opinion, besides, what do I know of running a casino?

Also, ETA on chat API documentation?

Seuntjie, all good points.

But im guessing they arent willing to give up their userbase and numbers do matter if they can constantly show largest total wagered volume.
Im siding with you they have been too generous allowing 0 wager bets + the exceptionally large faucet. They should reduce faucet or raise min. wager.

edit : im still amazed people mistake PD for faucet site

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PRIMEDICE
The Premier Bitcoin Gambling Experience - Most Trusted & Popular Bitcoin Game @PrimeDice
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seuntjie
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August 04, 2016, 12:00:44 PM
 #23487

We are lifting the faucet restrictions we placed, you can now claim as many times as you'd like a day! We are looking at smarter solutions to combat abuse.



Good. Then we all agree that faucet limits are a rather brute force solution, I'm glad you lift it for the principle of it. But if abuses come back to a too high level, I bet you could also seize the whole account and profit of those who abused it.

A much simpler solution would be to forbid double account, without an account to tip, it gets much harder to farm the faucet IMHO

Agreed, ideally we'd like to crush this issue so we can increase the reward for legitimate users. We wouldn't restrict access to one account due to many of our users having secondary accounts such as "bank" accounts to manage funds.

How to crush faucet abuse in 3 easy steps:
Step 1: Remove faucet
Step 2: Ignore people complaining about there being no more faucet.
Step 3: Lose tons of wagered volume and players, but see no real difference in profits (maybe possibly even increase in profits).


People that play only on the faucet, even those just playing for fun and not trying to farm it, need to realize that there's a cost accompanied to processing and storing each bet (server,internet,db +storage space,etc costs). Even if you claim the faucet only 5 times a day and make a few 100 bets for each claim, you're costing PD money to play it. PDs losses because of faucet isn't just the occasional farmer that gets it to a point where he can withdraw, it's much much more. Many sites have minimum bets far above 1 Satoshi because it's more expensive to process and store a 1 satoshi bet than the site theoretically makes from the 1% edge on that bet. Now add to that the fact that the money the 1 sat bet is made with is PDs in the first place and the site makes NO money from that bet, win or lose, and the cost just compounds. Faucets are a much bigger expenses for casinos than most people realize. You're not entitled to a faucet The site's doing you a favour, at their expense.

I'm certain PD can take the money they spend on faucets and processing/storing those bets and allocate them to more useful things, like rewarding 3rd party developers (especially HUI and nahtnam), having more giveaways and competitions and possibly even paying some of their mods for their hard work.

But that's just my not so humble and probably extremely unpopular opinion, besides, what do I know of running a casino?

Also, ETA on chat API documentation?

Seuntjie, all good points.

But im guessing they arent willing to give up their userbase and numbers do matter if they can constantly show largest total wagered volume.
Im siding with you they have been too generous allowing 0 wager bets + the exceptionally large faucet. They should reduce faucet or raise min. wager.

edit : im still amazed people mistake PD for faucet site

True, but their wagered stat is skew. Look how much it dropped (https://dicesites.com/primedice) during the time they limiting the faucet. Whats the worth in having the largest daily wagered amount if 60% of the wagered bitcoin is your own? *they'd still be mostly #1 even if they lost around 60% of their daily wager

Edit: I'm mostly just sucking numbers out of my a.... thumb here. I have no insight into what PDs actual wagered vs faucet wagers etc are. Would be interesting to know though.

boosh
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August 04, 2016, 12:43:48 PM
 #23488



This shows that PrimeDice wagered volume is fake (or at least misleading) and they are not as popular or as profitable as they would have you believe.
As I've been saying for about a year and what other site operators have messaged me pointing out.

The wagered volume stat is basically them playing themselves by giving free money out to players to boost wagered volume which Primedice wins back anyway. This artificially inflates their wagered stats on sites like dicesites.com to make it seem they are the leading site by a huge margin when it's evident they are not.

So while they may have 700 players in the chat compared to competing sites 30-50, their wagered volume is only really 25% more than the competing sites. This shows that their site is mostly made up of faucet players and chatters rather than real gamblers.


This shows how there is no bad publicity even now while writing this post i keep PD thread on top of others.
And mass overcomes the quality by indos keep posting and complaining of not getting their mere satoshis.

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PRIMEDICE
The Premier Bitcoin Gambling Experience - Most Trusted & Popular Bitcoin Game @PrimeDice
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crytoboost
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August 04, 2016, 01:07:43 PM
 #23489

Agreed, remove faucet and chat altogether! Also minimum bet 1000 sats  Tongue

I also think this is very good suggestion to remove faucet to run this site with more healthy way, at the moment it's full of faucet abusers, but I don't think minimum bet 1000 satoshi not be good at this stage.
5leepyJoe
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August 04, 2016, 01:16:52 PM
 #23490

Agreed, remove faucet and chat altogether! Also minimum bet 1000 sats  Tongue

I also think this is very good suggestion to remove faucet to run this site with more healthy way, at the moment it's full of faucet abusers, but I don't think minimum bet 1000 satoshi not be good at this stage.


The joke that was made flew right over you head, dragging its sweaty undercarriage all over your face.  Grin

mOgliE
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August 04, 2016, 01:25:18 PM
 #23491

We are lifting the faucet restrictions we placed, you can now claim as many times as you'd like a day! We are looking at smarter solutions to combat abuse.



Good. Then we all agree that faucet limits are a rather brute force solution, I'm glad you lift it for the principle of it. But if abuses come back to a too high level, I bet you could also seize the whole account and profit of those who abused it.

A much simpler solution would be to forbid double account, without an account to tip, it gets much harder to farm the faucet IMHO

Agreed, ideally we'd like to crush this issue so we can increase the reward for legitimate users. We wouldn't restrict access to one account due to many of our users having secondary accounts such as "bank" accounts to manage funds.

Yeah but funds management isn't exactly good for you  xD
That's why it's profitable to earn money from faucet on pd.  Écluse if you win you can send it to your bank account then stack it and finally withdraw it.

katerniko1
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August 04, 2016, 01:36:24 PM
 #23492

We are lifting the faucet restrictions we placed, you can now claim as many times as you'd like a day! We are looking at smarter solutions to combat abuse.



Good. Then we all agree that faucet limits are a rather brute force solution, I'm glad you lift it for the principle of it. But if abuses come back to a too high level, I bet you could also seize the whole account and profit of those who abused it.

A much simpler solution would be to forbid double account, without an account to tip, it gets much harder to farm the faucet IMHO

Agreed, ideally we'd like to crush this issue so we can increase the reward for legitimate users. We wouldn't restrict access to one account due to many of our users having secondary accounts such as "bank" accounts to manage funds.
how about raising amount till faucet start increasing like to 20-50btc?
isnt like noone would farm with 200sats :?
regards.
-Katerniko1
boosh
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August 04, 2016, 02:01:09 PM
 #23493

Agreed, remove faucet and chat altogether! Also minimum bet 1000 sats  Tongue

you cant have your cake and eat it too, how much i wont despise the way things get handled at PD, they are a business.

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PRIMEDICE
The Premier Bitcoin Gambling Experience - Most Trusted & Popular Bitcoin Game @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Erza-se.net
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August 04, 2016, 02:27:50 PM
 #23494

Damn faucet is killing the site.
still fun tho.
happy gambling peeps
shadobitz
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August 04, 2016, 02:30:44 PM
 #23495

I think big faucet and Happy Hour is very good promotion for any dice site, PD is most popular dice site because of it's fun giveaways and promotions so when have no more free money to play risk-free than it could be so bad as I think.
WEBcreator
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August 04, 2016, 02:36:34 PM
 #23496

This shows that PrimeDice wagered volume is fake (or at least misleading) and they are not as popular or as profitable as they would have you believe.
As I've been saying for about a year and what other site operators have messaged me pointing out.

The wagered volume stat is basically them playing themselves by giving free money out to players to boost wagered volume which Primedice wins back anyway. This artificially inflates their wagered stats on sites like dicesites.com to make it seem they are the leading site by a huge margin when it's evident they are not.

So while they may have 700 players in the chat compared to competing sites 30-50, their wagered volume is only really 25% more than the competing sites. This shows that their site is mostly made up of faucet players and chatters rather than real gamblers.


Come on dean, you dont need to show your agony here. Each sites has their own characteristics so is yours and primedice. When someone new wants to get into bitcoin dice site, then the site on the top would be primedice so they are actually popular and in term of profittable they are not even could be considered as 'profittable' because theya are'nt crowdfunded like yours

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Stunna (OP)
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August 04, 2016, 04:37:56 PM
Last edit: August 04, 2016, 05:32:53 PM by Stunna
 #23497

We are lifting the faucet restrictions we placed, you can now claim as many times as you'd like a day! We are looking at smarter solutions to combat abuse.



Good. Then we all agree that faucet limits are a rather brute force solution, I'm glad you lift it for the principle of it. But if abuses come back to a too high level, I bet you could also seize the whole account and profit of those who abused it.

A much simpler solution would be to forbid double account, without an account to tip, it gets much harder to farm the faucet IMHO

Agreed, ideally we'd like to crush this issue so we can increase the reward for legitimate users. We wouldn't restrict access to one account due to many of our users having secondary accounts such as "bank" accounts to manage funds.

How to crush faucet abuse in 3 easy steps:
Step 1: Remove faucet
Step 2: Ignore people complaining about there being no more faucet.
Step 3: Lose tons of wagered volume and players, but see no real difference in profits (maybe possibly even increase in profits).


People that play only on the faucet, even those just playing for fun and not trying to farm it, need to realize that there's a cost accompanied to processing and storing each bet (server,internet,db +storage space,etc costs). Even if you claim the faucet only 5 times a day and make a few 100 bets for each claim, you're costing PD money to play it. PDs losses because of faucet isn't just the occasional farmer that gets it to a point where he can withdraw, it's much much more. Many sites have minimum bets far above 1 Satoshi because it's more expensive to process and store a 1 satoshi bet than the site theoretically makes from the 1% edge on that bet. Now add to that the fact that the money the 1 sat bet is made with is PDs in the first place and the site makes NO money from that bet, win or lose, and the cost just compounds. Faucets are a much bigger expenses for casinos than most people realize. You're not entitled to a faucet The site's doing you a favour, at their expense.

I'm certain PD can take the money they spend on faucets and processing/storing those bets and allocate them to more useful things, like rewarding 3rd party developers (especially HUI and nahtnam), having more giveaways and competitions and possibly even paying some of their mods for their hard work.

But that's just my not so humble and probably extremely unpopular opinion, besides, what do I know of running a casino?

Also, ETA on chat API documentation?

Seuntjie, all good points.

But im guessing they arent willing to give up their userbase and numbers do matter if they can constantly show largest total wagered volume.
Im siding with you they have been too generous allowing 0 wager bets + the exceptionally large faucet. They should reduce faucet or raise min. wager.

edit : im still amazed people mistake PD for faucet site

This shows that PrimeDice wagered volume is fake (or at least misleading) and they are not as popular or as profitable as they would have you believe.
As I've been saying for about a year and what other site operators have messaged me pointing out.

The wagered volume stat is basically them playing themselves by giving free money out to players to boost wagered volume which Primedice wins back anyway. This artificially inflates their wagered stats on sites like dicesites.com to make it seem they are the leading site by a huge margin when it's evident they are not.

So while they may have 700 players in the chat compared to competing sites 30-50, their wagered volume is only really 25% more than the competing sites. This shows that their site is mostly made up of faucet players and chatters rather than real gamblers.


This is an extremely misguided argument given that you have absolutely no idea how much the faucet pays out a day and how much of that is actually wagered. The faucet keeps the site extremely active which makes highrollers more inclined to bet, actual faucet betting does not account for significant amount of our wagered and the faucet isn't paying out massive amounts a day either. We lifted the limit because we found that it was negatively impacting long time legitimate users not just abusers.

Primedice does more wagered than any of the other dice sites because of the strength of the brand, trust and platform. I know for a fact that your claims are completely wrong given our profits the past month/week/year despite faucet. Affiliate has been paying out more than faucet on a weekly basis.

The past 24h 0.3 coins were claimed from the faucet, and Primedice earned 44 coins in profit. This week we had 2-3 days of low volume which recovered prior to lifting the restrictions. The restriction was hardly restrictive anyways (50 claims a day). Doing this small giveaway allows us to stay competitive against investment websites, If we allowed investments I'm confident we'd do significantly more volume.

Also your claims come off as very hypocritical given these giveaways you've done:
https://bitcointalk.org/index.php?topic=1465356.0

Further, if we are debating dicing volume is it fair that you include the volume from your slot games/other casino games. To me that seems slightly misleading when you look at dicesites (which you mentioned), not that I even remotely care though. Our goal has never been to be loud and make a lot of waves, just to operate a fair and entertaining service.

Finally, if anything our volume is artificially low given that we restrict US,UK,Aus players and are blocked by the Russian firewall among others.

Stake.com Fastest growing crypto casino & sportsbook
Primedice.com The original bitcoin instant dice game
RHavar
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August 04, 2016, 04:53:33 PM
Last edit: August 04, 2016, 05:10:19 PM by RHavar
 #23498

This shows that PrimeDice wagered volume is fake (or at least misleading) and they are not as popular or as profitable as they would have you believe.
As I've been saying for about a year and what other site operators have messaged me pointing out.

I disagree on both counts. As long as PrimeDice is not restricting fauceters ability to withdraw (ala dadice, who wouldn't let someone withdraw faucet profits because they were using the faucet to make money) then it's complete valid wagerings. If you think it's a good strategy to increase your volume, then by all means give out free money. What would be far less clear is if they had "roll over requirements" (e.g. give someone a bitcoin, but make them roll it over 500x if they want to withdraw it), but that's not what PD is doing.

Also PD stats seem completely reasonable to me, according to thebitcoinstrip.com in the last 30 days they've wagered almost exactly 2x that of bustabit which doesn't have a faucet. Since of the low edge of bustabit, that means PD is making about ~6x of bustabit, which considering PDs popularity, reputation and advertising PD does seems completely reasonable. Also we know from JD, which was investor backed and couldn't fake stats -- there is a huge dice market. They PD numbers if anything seem small to me (possibly as a result of restricting the US market?).

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
5leepyJoe
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August 04, 2016, 05:58:27 PM
 #23499

This shows that PrimeDice wagered volume is fake (or at least misleading) and they are not as popular or as profitable as they would have you believe.
As I've been saying for about a year and what other site operators have messaged me pointing out.

The wagered volume stat is basically them playing themselves by giving free money out to players to boost wagered volume which Primedice wins back anyway. This artificially inflates their wagered stats on sites like dicesites.com to make it seem they are the leading site by a huge margin when it's evident they are not.

So while they may have 700 players in the chat compared to competing sites 30-50, their wagered volume is only really 25% more than the competing sites. This shows that their site is mostly made up of faucet players and chatters rather than real gamblers.


Come on dean, you dont need to show your agony here. Each sites has their own characteristics so is yours and primedice. When someone new wants to get into bitcoin dice site, then the site on the top would be primedice so they are actually popular and in term of profittable they are not even could be considered as 'profittable' because theya are'nt crowdfunded like yours

Agony would imply that I don't make money from BetKing, which is doing pretty fine as can be seen on dicesites.com.

Both sites do have their advantages. BetKing is the best place for low to highrollers to play dice and other games and Primedice is better for faucet players and chat.

I just don't understand how people contradict themselves on this forum sometimes.
Everyone wants the casinos to be transparent, fair and honest and will call out sites who are not, for good reason, such as when Fortune Jack was faking their stats or when Bitcasino.io fakes everything.

Yet Primedice gets a pass when they artificially inflate their wagered stats.
They would still be the most popular without having to inflate so I don't see the problem with them just being honest.
But they would rather fool people into believing they are more popular than all sites combined. Which is not true.



Most butt hurt posts I've seen in a long time, and that from a competitor site owner  Cheesy Grin Cheesy Grin Cheesy

Thanks for the laughs.

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August 04, 2016, 09:16:53 PM
 #23500

44 btc profit per day and this is not scam ? hahahahha fucking joke.
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