Caladonian
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February 09, 2019, 06:43:57 AM |
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No matter what type of different setting or a strategy or a system they work with, house edge is covering all of that. There is no strategy that negates the house edge hence there is never a chance for a gambler to win in the long term. That is why the most beautiful scenario for a gambler and a casino is that casino provides a lot of fun and entertainment for the gambler while gambler has enough money to go and gamble while having fun and see that as a time well spent. That is why most of the casinos in Las Vegas do stand up shows and boxing fights and stuff like that so that you would go there and have fun while losing your money.
If someone comes in thinking they can actually profit from gambling that is bad for him and also since that person is almost always under informed about how casinos work they make a big headache for the casinos as well even tough they are wrong.
I feel you have a valid point as the house edge always works in favour of the casino, also you’re right as there’s no strategy that works for the long term it’s only your luck that helps you survive. Once in a while however a gambler comes along, and wins big so that does hurts the casino if he cashes out. The casinos in Las Vegas need those shows to keep people locked in, only then will they be making real money, and I feel it’s a fair strategy from casinos point of view. That's how business works, they need to attract people and make them feel that they can beat the house in some ways or if they are truly lucky, this advertising and promotions are part of their strategy to gather gamblers to play inside and feel the comfort of their casino while enjoying with the scenery, though it's mostly correct that each casino house have their own ways to take advantage they won't let that be felt by the gamblers, they will bring sets of ideas and some cases where some lucky gamblers wins really big ones from the house. Changing the mindsets of gamblers making them enjoy while chasing the big wins, these is where greediness needs to be controlled, gamblers need to be more responsible to avoid getting too much attached.
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UserU
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February 09, 2019, 09:40:27 AM |
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Changing the mindsets of gamblers making them enjoy while chasing the big wins, these is where greediness needs to be controlled, gamblers need to be more responsible to avoid getting too much attached.
It's much easier said than done. The probability of winning the next bet just reels you in and each loss magnifies your stake.
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Betwrong
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I stand with Ukraine.
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February 09, 2019, 11:47:43 AM |
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mOgliE is addressing a serious point that I have noticed in the past, but didn't want to comment on.
These images (which I see on twitter every few days as well) makes it look like it's really common for gamblers t owin huge amounts of money. In the description, it often says stuff like 'this guys showed us how to turn X amount of money into Y amount of money, which is often not true since most gamblers need to make a huge amount of bets before they even hit that big multiplier.
If those ads where meant for little kids I would agree with your concern. But actually they are made for adults, who understand that normally ads tend to exaggerate things. I would compare them to the Coca-Cola ad below: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fhr536JZ.png&t=665&c=b4nLd0IEt2J30A) We all know that not every time we open a Coke we become instantly happy, and yet it is permissible to make such ads because we are supposed to understand that this is just an ad, and our happiness is not guaranteed by drinking Coca-Cola.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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fasdorcas
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February 09, 2019, 05:33:26 PM |
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I feel you have a valid point as the house edge always works in favour of the casino, also you’re right as there’s no strategy that works for the long term it’s only your luck that helps you survive. Once in a while however a gambler comes along, and wins big so that does hurts the casino if he cashes out. The casinos in Las Vegas need those shows to keep people locked in, only then will they be making real money, and I feel it’s a fair strategy from casinos point of view.
That's how business works, they need to attract people and make them feel that they can beat the house in some ways or if they are truly lucky, this advertising and promotions are part of their strategy to gather gamblers to play inside and feel the comfort of their casino while enjoying with the scenery, though it's mostly correct that each casino house have their own ways to take advantage they won't let that be felt by the gamblers, they will bring sets of ideas and some cases where some lucky gamblers wins really big ones from the house. Changing the mindsets of gamblers making them enjoy while chasing the big wins, these is where greediness needs to be controlled, gamblers need to be more responsible to avoid getting too much attached. But that "once in a while" is not a strategy. Like there is no strategy that can prepare you for a big win, its just pure luck. You can go to a casino and play on roulette and bet small by small all night gambling on red no matter which way you want and if you play long enough you will lose, doesn't matter the system. Or you can just sit down, put all your money in and go all in on red, which means you can either walk out with double the money you have or with nothing. In the first slow part you still walk out with nothing because on long term casinos win thanks to house edge, at least on the second system you have a chance of walking out with double. Hence, the "strategy" or "system" never works in your favor, if you want to win money then you have to go all in once and leave. That is not entertaining or fun so you stay there knowingly lose your money because of the entertainment value given.a
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freedomgo
Legendary
Online
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Fully Regulated Crypto Casino
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February 10, 2019, 09:05:07 AM |
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Thanks to everyone who voted in this week's Choose a Charity event! We've tallied up all the votes and the favourite charity this week is @AgainstMalaria! $1,000 donation: http://bit.ly/2SkTubh~snip~ Well done Primedice team. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , I'm honestly surprise to know that crypto gambling site gives donation to charitable institution. Thank you for being so generous by sharing a little portion of your profit. I feel like I can easily accept my loses now as somehow I also contributed to your charitable purpose.
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Symphonized
Member
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Primedice.com & Stake.com
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February 10, 2019, 08:00:16 PM |
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Thanks to everyone who voted in this week's Choose a Charity event! We've tallied up all the votes and the favourite charity this week is @AgainstMalaria! $1,000 donation: http://bit.ly/2SkTubh~snip~ Well done Primedice team. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , I'm honestly surprise to know that crypto gambling site gives donation to charitable institution. Thank you for being so generous by sharing a little portion of your profit. I feel like I can easily accept my loses now as somehow I also contributed to your charitable purpose. Ye and it has been given since months till now ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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upsidedown75
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February 11, 2019, 07:10:02 PM |
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Honestly, I can't believe how big bitcoin world got. We are living in a world where one of the oldest dice games out there is actually helps the world. Not just in a way that is cheesy and all that but actually donating. I didn't know the previous ones and I am sorry but I am willing to bet this will not be the last one neither. This should be at the top of every page and should be yelled at the highest of the tops because when you gamble here and lose money to primedice the money you lost does of course go to casino but some of it also goes to good causes as well.
For how many gambling places can you say that ? Like how many casinos out there who give out donations, we are in a world where people with no money open up casinos and even fail to do marketing whereas primedice actually spends their own money that they earn to give back to the world. I love you guys so much.
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Radiante
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February 11, 2019, 10:39:58 PM |
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======== Challenge: PD Olympics Cycling Ends: 11/02/19 @ Midday (12pm) GMT
Next discipline is Cycling! 🚲 Grab your bike (20.20x), put on your helmet and continue our Olympics! Outdrive others by winning 2 bets in a row.
All people who achieve the challenge in the next 7 days, will get a share in the prize pool! There is no limit to the amount of winners, and the more people who get involved the higher the prize pool! So if you get more people involved, then you win more!
Requirements -Win 2 consecutive bets on 20.20x multiplier. -Bets must be winning ones. -Minimum bet: Bitcoin 0.00000100 Bitcoin Cash 0.00002900 Ethereum 0.00003000 Litecoin 0.00008200 Dogecoin 1.90000000 -1 valid entry per household. -Bets must be public during the whole duration of the promotion, until the coupon is posted -Bets must have been made after the commencement of this promotion. -10+ forum post count. -Haven't broken any General Giveaways Rules! Prize Pool(s): Minimum prize pool: 0.01 BTC If over 30 participants: 0.03 BTC If over 40 participants: 0.05 BTC If over 50 participants: 0.08 BTC How to Enter Respond to this topic, and link your bet ID using the link function in the text editor. (Paste your bet id, then highlight and click on the link bet button, as shown in image below) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FojR46jM.png&t=665&c=AXntFIihCE7yeQ)
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BTCevo
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February 11, 2019, 11:31:17 PM |
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Thanks to everyone who voted in this week's Choose a Charity event! We've tallied up all the votes and the favourite charity this week is @AgainstMalaria! $1,000 donation: http://bit.ly/2SkTubh~snip~ Well done Primedice team. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , I'm honestly surprise to know that crypto gambling site gives donation to charitable institution. Thank you for being so generous by sharing a little portion of your profit. I feel like I can easily accept my loses now as somehow I also contributed to your charitable purpose. I already know some sites offer this kind of charity but mostly there is only scam or only donate a little bit amount but here, primedice can get such a great donation for them which is incredible. I do not even believe my eyes here to make a donation with this amount. I am sure this is one of a great site that I ever played until this day
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Caladonian
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2019, 04:46:16 AM |
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Thanks to everyone who voted in this week's Choose a Charity event! We've tallied up all the votes and the favourite charity this week is @AgainstMalaria! $1,000 donation: http://bit.ly/2SkTubh~snip~ Well done Primedice team. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , I'm honestly surprise to know that crypto gambling site gives donation to charitable institution. Thank you for being so generous by sharing a little portion of your profit. I feel like I can easily accept my loses now as somehow I also contributed to your charitable purpose. I already know some sites offer this kind of charity but mostly there is only scam or only donate a little bit amount but here, primedice can get such a great donation for them which is incredible. I do not even believe my eyes here to make a donation with this amount. I am sure this is one of a great site that I ever played until this day Also heard the same things regarding those scam charity works, but knowing primedice as a well established business , giving back to charity is their way of saying thank you to the players and visitors who are still using the site for playing and enjoying. The charity works will add reason for gamblers to play as they knew that part of the site earnings will be donated to the charity. More to come PrimeDice, good deeds will also be followed by great earnings.
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hd49728
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February 12, 2019, 05:20:54 AM |
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Today, I try to search for online casinos on which Dogecoin can be used. And, found the Primedice.com online casino, that is one of the oldest and most reliable as well as famous online casinos. Also heard the same things regarding those scam charity works, but knowing primedice as a well established business
Should do this to help community, especially the most vulnerable people. giving back to charity is their way of saying thank you to the players and visitors who are still using the site for playing and enjoying. The charity works will add reason for gamblers to play as they knew that part of the site earnings will be donated to the charity.
More to come PrimeDice, good deeds will also be followed by great earnings.
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mindrust
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February 12, 2019, 05:59:39 AM |
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Honestly, I can't believe how big bitcoin world got. We are living in a world where one of the oldest dice games out there is actually helps the world. Not just in a way that is cheesy and all that but actually donating. I didn't know the previous ones and I am sorry but I am willing to bet this will not be the last one neither. This should be at the top of every page and should be yelled at the highest of the tops because when you gamble here and lose money to primedice the money you lost does of course go to casino but some of it also goes to good causes as well.
For how many gambling places can you say that ? Like how many casinos out there who give out donations, we are in a world where people with no money open up casinos and even fail to do marketing whereas primedice actually spends their own money that they earn to give back to the world. I love you guys so much.
There is still an ocean out there. Compared to the online FIAT casinos, the bitcoin casino world is just a small island. When bitcoin gets more legalized, after the ETF and BAKKT, less people will be scared to buy bitcoin. Even after 10 years, bitcoin adoption is still under %1 in many countries. (Waaay below) The real boom still hasn't happened yet.
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adaseb
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Up to 300% + 200 FS deposit bonuses
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February 12, 2019, 07:55:37 AM |
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Honestly, I can't believe how big bitcoin world got. We are living in a world where one of the oldest dice games out there is actually helps the world. Not just in a way that is cheesy and all that but actually donating. I didn't know the previous ones and I am sorry but I am willing to bet this will not be the last one neither. This should be at the top of every page and should be yelled at the highest of the tops because when you gamble here and lose money to primedice the money you lost does of course go to casino but some of it also goes to good causes as well.
For how many gambling places can you say that ? Like how many casinos out there who give out donations, we are in a world where people with no money open up casinos and even fail to do marketing whereas primedice actually spends their own money that they earn to give back to the world. I love you guys so much.
There is still an ocean out there. Compared to the online FIAT casinos, the bitcoin casino world is just a small island. When bitcoin gets more legalized, after the ETF and BAKKT, less people will be scared to buy bitcoin. Even after 10 years, bitcoin adoption is still under %1 in many countries. (Waaay below) The real boom still hasn't happened yet. You do realize that if Bitcoin gets more legalized it means more regulated and one of the issues will be that many casinos will need to be regulated also and do KYC. People didn't think this would happen to Bitcoin, but look at how many exchanges these days require KYC. Back in 2013 or so, most exchanges like Bittrex or Poloniex you didn't need such a thing. Its basically like a double edged sword. But I see it happening most likely due to the governments wanting a piece of the profits that the casinos would be generating. Right now its still small island as you said in your post, but if its adoption goes up exponentially like it does every few years then I see this definately happening.
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Ziskinberg
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February 12, 2019, 09:29:23 AM |
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Honestly, I can't believe how big bitcoin world got. We are living in a world where one of the oldest dice games out there is actually helps the world. Not just in a way that is cheesy and all that but actually donating. I didn't know the previous ones and I am sorry but I am willing to bet this will not be the last one neither. This should be at the top of every page and should be yelled at the highest of the tops because when you gamble here and lose money to primedice the money you lost does of course go to casino but some of it also goes to good causes as well.
For how many gambling places can you say that ? Like how many casinos out there who give out donations, we are in a world where people with no money open up casinos and even fail to do marketing whereas primedice actually spends their own money that they earn to give back to the world. I love you guys so much.
There is still an ocean out there. Compared to the online FIAT casinos, the bitcoin casino world is just a small island. When bitcoin gets more legalized, after the ETF and BAKKT, less people will be scared to buy bitcoin. Even after 10 years, bitcoin adoption is still under %1 in many countries. (Waaay below) The real boom still hasn't happened yet. You do realize that if Bitcoin gets more legalized it means more regulated and one of the issues will be that many casinos will need to be regulated also and do KYC. People didn't think this would happen to Bitcoin, but look at how many exchanges these days require KYC. Back in 2013 or so, most exchanges like Bittrex or Poloniex you didn't need such a thing. Its basically like a double edged sword. But I see it happening most likely due to the governments wanting a piece of the profits that the casinos would be generating. Right now its still small island as you said in your post, but if its adoption goes up exponentially like it does every few years then I see this definately happening. That right mate, we are a small island but the potential to grow is very big. Government regulation will be the key to success and I see it happening soon, they are losing money with their lack of interest to act on regulation so they'll surely do such thing because they have already proven how big this community is, the past bull run is already a proof of what crypto could achieve, bigger money will come because it's easy to gamble here and even if it will be regulated, it should not be viewed as a negative development, maybe bad for small time gamblers or minors but for the industry in overall, I think they'll have a massive growth. It's just about time that we are waiting and slowly we will be going to that path.
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Symphonized
Member
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Primedice.com & Stake.com
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February 12, 2019, 07:35:22 PM |
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Novic certainly knows how to make an impressive bet! Comment your Primedice name and tell us the largest bet you've ever won and you could win some Bitcoin! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FYlqBWPm.jpg&t=665&c=KABDu7zOSyeyqQ)
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bitcoin31
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February 12, 2019, 10:46:37 PM |
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Novic certainly knows how to make an impressive bet! Comment your Primedice name and tell us the largest bet you've ever won and you could win some Bitcoin! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FYlqBWPm.jpg&t=665&c=KABDu7zOSyeyqQ) wow nice won I hope someday I can win that with the primedice. For sure there is a lotof plaer who won like that and bigger than 10 bitcoin and other maybe is hundreds dollars and that's totally big and for sure they are really millionaire now because of that. But it's okay for me even Im won 1 bitcoin only when I played to Primedice.com those people who won are very luckier than the others.
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Ziskinberg
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February 13, 2019, 02:07:53 AM |
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~snip~
wow nice won I hope someday I can win that with the primedice. For sure there is a lotof plaer who won like that and bigger than 10 bitcoin and other maybe is hundreds dollars and that's totally big and for sure they are really millionaire now because of that. But it's okay for me even Im won 1 bitcoin only when I played to Primedice.com those people who won are very luckier than the others. If you can afford to bet BTC10 then I think you can win that. I guess for me, I would just stick with a small amount to be and look for a high payout, I cannot even risk BTC1 in single roll, so I have no chance to win that easy. There are people who are comfortable with big bets, and I'm sure they can also afford that. Our luck will just come at the right time, just keep believing.
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adaseb
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February 13, 2019, 08:06:15 AM |
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~snip~
wow nice won I hope someday I can win that with the primedice. For sure there is a lotof plaer who won like that and bigger than 10 bitcoin and other maybe is hundreds dollars and that's totally big and for sure they are really millionaire now because of that. But it's okay for me even Im won 1 bitcoin only when I played to Primedice.com those people who won are very luckier than the others. If you can afford to bet BTC10 then I think you can win that. I guess for me, I would just stick with a small amount to be and look for a high payout, I cannot even risk BTC1 in single roll, so I have no chance to win that easy. There are people who are comfortable with big bets, and I'm sure they can also afford that. Our luck will just come at the right time, just keep believing. I think most people should just bet like him. Basically save yourself the headache of finding strategies or martingale and just make 1 single bet with all your BTC and either win it or not. Very surprised to see someone bet that big on 2x actually. Its very rare for a 1 BTC bet these days. Sometimes on 95% you see someone betting 1 BTC so they can win 0.05 BTC and do a few rolls here and there but never seen it on any lower odds. Congrats to him.
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upsidedown75
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February 13, 2019, 09:37:03 PM |
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It is not really that big of a big win with a wager like that. I mean if you put up 10 bitcoins its only natural you win 10 bitcoin as well, we are usually praising gamblers who made like less than 0.1 bets and got 10 bitcoin because of the impossible odds that hit but hitting a 50% bet doesn't really seem like a big shock, there is literally 50% chance that hits. If he continues for a long time to do that eventually he will start losing.
I haven't checked his account so I can't say if he is on profit or negative but no matter how much the wager is betting on 50% will give you almost double (minus house edge) back and just because the wager was big doesn't really make it any more interesting. I prefer seeing people who won like x990 bets or something because that is harder to hit, this is just a whale who had enough money to do this.
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Radiante
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February 13, 2019, 10:51:22 PM |
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It is not really that big of a big win with a wager like that. I mean if you put up 10 bitcoins its only natural you win 10 bitcoin as well, we are usually praising gamblers who made like less than 0.1 bets and got 10 bitcoin because of the impossible odds that hit but hitting a 50% bet doesn't really seem like a big shock, there is literally 50% chance that hits. That is my opinnion too and I already told it before: It is more spectacular a 0.001 BTC bet multplied 1000x to 1 BTC, than that fifty/fifty thing. Anybody can achieve a 2x multiplier, and these ads are just comparing how rich are the players more than their own luck.
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