veleten
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Merit: 1107
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October 09, 2019, 12:38:13 AM |
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Don't you think Primedice should increase the prize pool? The first winner has won 0.036 BTC with wagering 143 bitcoins and 1.43 expected loss. So I don't think 0.036 BTC is valuable amount. Also, the second winner has wagered 24.5 BTC and won only 0.019 BTC. If the prize pool is increased, I am sure more gamblers will be attracted.
Let's we assume the race goes for a rewards or bonuses, then race has planted equal 5000$ every round, I thought that's enough. Cause point on those bets for gambling be winner or lose not for looking a some bonuses. What do you mean for lose of bitcoins based amont wagering? he means relative percentage rakeback as a prize some sites offer not a fixed prize , like 0.05 , 0.03 0.01 bitcoins and so on , but a fixed % of your wagered during the contest for example , if you win the contest , you get 0.2% of the wagered , second place 0.18% etc. such system exists and both duckdice and cyberdice implemented it it is up to a site to choose the contest model they like , Primedice has been running contest for ages and don't seem to be keen on changing things
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Symphonized
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Primedice.com & Stake.com
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October 09, 2019, 05:43:36 AM |
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Current Race's TOP 5:
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7788bitcoin
Legendary
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October 09, 2019, 07:15:28 AM |
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I never hide my winning. With all those pm's i know which user I can ignore. If you are getting a ton of request asking for money and begging that they will return in a couple of days you will get irritated at a certain point and hence i used to roll with new accounts and hide my wins to avoid beggars. Not sure what is situation is right now . Don't you think Primedice should increase the prize pool? The first winner has won 0.036 BTC with wagering 143 bitcoins and 1.43 expected loss. So I don't think 0.036 BTC is valuable amount. Also, the second winner has wagered 24.5 BTC and won only 0.019 BTC. If the prize pool is increased, I am sure more gamblers will be attracted.
They are giving enough promotions now and the main idea of any gambling site is to not give out money all the time and with every competition they conduct they want them to have a token of the profit they earn too. Hence i do not think that they will be increasing the prize pool and no site can make every user happy but Prime dice is doing the best they can.
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steveabrahams
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October 09, 2019, 07:36:56 AM |
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Don't you think Primedice should increase the prize pool? The first winner has won 0.036 BTC with wagering 143 bitcoins and 1.43 expected loss. So I don't think 0.036 BTC is valuable amount. Also, the second winner has wagered 24.5 BTC and won only 0.019 BTC. If the prize pool is increased, I am sure more gamblers will be attracted.
It's fine to me. I mean, Primedice always have a race once a day with 24 hours race and $1000 prize pool. This is wagering contest and we don't even know is the first place who wagering 143 bitcoins in profit or not. The prize pool is fine. If you want a bigger prize pool, go try primedice siblings site stake.com, they over $5k prize pool on mega race.
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Betwrong
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Merit: 2234
I stand with Ukraine.
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October 09, 2019, 01:25:14 PM |
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Anyway, this promo looks a bit strange to me. $100 prize for hitting 9900x with $1 bet and winning $9,900 with that? C'mon! The probablity of winning 9900x bet is only 0.01%. So, why does it look strange? If you bet 1$ on 9900x bet, it's like that the game multiplier is 10000x and the chance of win is 0.01%. In this case the house edge equals to 1-10000*0.0001=0 Yyyeah, but it's a promo, you know, it's supposed to be something attractive. Would you be attracted to a sale with 1% discount? I don't think so. Only something above 10% catches a customer's eye, and, in most cases, it should be above 25% to make a passerby to go into your shop. I mean, the prize looks too insignificant compared to what you win to be able to claim it. Don't you think?
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redsun114
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October 09, 2019, 03:57:33 PM |
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What means "decent profit" for you? x2, x10, x100 ?
Well, I never made decent profit in btc form not x2-x5 or whatever. So, even on my highest ever win I had 1 doge turn into 33 doge I think, or my btc which was 10k turn into 50k once, those are amazing if you have the money, if you bet 10 btc and get 50 btc that is insane (I don't know what the max you can win here is) or even 0.1 turn into 0.5 is not bad if you are not risking too much of your money there. However, when it comes to those big bets, those guys usually go for x2, like the guy who did 10 btc bet and won 10 btc back, nobody puts 10 btc in to get 100 btc back, that is probably above the max limit plus it is quite risky for such a huge amount. So all in all, maybe those huge whales are hiding themselves, I have nothing to worry, even if I hit 9990x with my money it won't worth 1 btc, so it is only a whale issue, not small fish issue.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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adaseb
Legendary
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Activity: 3878
Merit: 1733
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October 09, 2019, 07:19:21 PM |
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I never hide my winning. With all those pm's i know which user I can ignore. If you are getting a ton of request asking for money and begging that they will return in a couple of days you will get irritated at a certain point and hence i used to roll with new accounts and hide my wins to avoid beggars. Not sure what is situation is right now . Don't you think Primedice should increase the prize pool? The first winner has won 0.036 BTC with wagering 143 bitcoins and 1.43 expected loss. So I don't think 0.036 BTC is valuable amount. Also, the second winner has wagered 24.5 BTC and won only 0.019 BTC. If the prize pool is increased, I am sure more gamblers will be attracted.
They are giving enough promotions now and the main idea of any gambling site is to not give out money all the time and with every competition they conduct they want them to have a token of the profit they earn too. Hence i do not think that they will be increasing the prize pool and no site can make every user happy but Prime dice is doing the best they can. Hiding your winnings is also for security reasons. Basically if you are using the name username with all your bitcoin services, casinos, exchanges with the same email and passwords you can easily become a target. Many people re-use the same username for different casinos and probably the same password. One small site can get hacked and the hacker can hope you used the same password and try to hack in thinking you are some big whale. Hence you can show-off your big winnings but do it with a unique username, don't use the same username as on Bitcointalk. Sure you might think your "unhackable" but why even risk it a little. Don't give yourself too much attention.
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Symphonized
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Primedice.com & Stake.com
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October 09, 2019, 09:59:38 PM Last edit: October 10, 2019, 04:57:49 AM by Symphonized |
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How are you doing today at Primedice? Hurry and grab yourself those sweet profits from all sources, from rains, races, tips. As Bitcoin is reaching new highs Current Race's TOP 5:
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darewaller
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October 10, 2019, 07:29:50 AM |
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Don't you think Primedice should increase the prize pool? The first winner has won 0.036 BTC with wagering 143 bitcoins and 1.43 expected loss. So I don't think 0.036 BTC is valuable amount. Also, the second winner has wagered 24.5 BTC and won only 0.019 BTC. If the prize pool is increased, I am sure more gamblers will be attracted.
They are not forcing anyone to bet 143 bitcoins to become the winner tho, they are giving away a certain amount of money and that is all up to you to decide how much you want to bet, if you want to bet 143 bitcoins you can, if you want to bet 1 btc you can, if you want to bet 0.1 btc then you can. The rankings are not in the control of primedice, they do not decide who will wager how much, of course it is great for them if people wager a lot but there is no requirement to wager that much to get the prize, people just bet way more than needed because they can and because they want to. So, what could primedice do about it? Tell people to not gamble that much and make them profits? There is no way a casino should do that, it would be suicidal, they are here to make money.
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Symphonized
Member
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October 10, 2019, 09:36:02 AM |
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[0.0032] Quick‘ n‘ Dirty!Nothing much to say. every second comment gets 0.00005 BTC! • At least 10 forum posts • Must not have violated the general giveaway rules! • If a winner doesn’t qualify, it skips to the next post that qualifies • One win per person! Promotion ends tomorrow at 9 PM GMT Payout on Sunday! Therefore go!
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steveabrahams
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October 10, 2019, 10:37:36 AM |
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Don't you think Primedice should increase the prize pool? The first winner has won 0.036 BTC with wagering 143 bitcoins and 1.43 expected loss. So I don't think 0.036 BTC is valuable amount. Also, the second winner has wagered 24.5 BTC and won only 0.019 BTC. If the prize pool is increased, I am sure more gamblers will be attracted.
They are not forcing anyone to bet 143 bitcoins to become the winner tho, they are giving away a certain amount of money and that is all up to you to decide how much you want to bet, if you want to bet 143 bitcoins you can, if you want to bet 1 btc you can, if you want to bet 0.1 btc then you can. The rankings are not in the control of primedice, they do not decide who will wager how much, of course it is great for them if people wager a lot but there is no requirement to wager that much to get the prize, people just bet way more than needed because they can and because they want to. So, what could primedice do about it? Tell people to not gamble that much and make them profits? There is no way a casino should do that, it would be suicidal, they are here to make money. True, i'm sure that person who placed 1st rank with 143 bitcoins is not even thinking about the race because based on the screenshot the 2nd place is 24.5 btc which no need to wagered to 143 bitcoins to beat the 2nd place and remember this is 24 hours race, not 1.5 or 2 hours race like on Stake.
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fullhdpixel
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October 10, 2019, 05:07:29 PM |
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Primedice doesn't have to force anyone to gamble any amount, there are so many people who love gambling here all the time without any promotions or challenges or competitions. Let primedice have zero events go on and there will still be a lot of people gambling here for a ton of money every single day just because they really like it and that's it.
However, they still do these kinds of stuff because they want to give people a goal, like something to work towards, a competition, a challenge, anything that would make your gambling more entertaining because you are gambling for something, they could have made money without it as well but it just another layer of entertainment and it doesn't cost them too much, hell maybe even makes them some extra money.
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[/tabl
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Symphonized
Member
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Activity: 2436
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Primedice.com & Stake.com
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October 11, 2019, 12:39:50 AM Last edit: October 11, 2019, 11:07:07 AM by Symphonized |
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Here is the winners list for the 28th raffle: 1 jwembot 2 paddyspub 3 - coinbase99 4 Sankasanka 5-r0nak12 6 bondardima 7 Kate865 8 FARIS93 9-LuciferMS 10-yomzkie 11- Etude 12 elyxdelrey 13 nuuuitsjdragon 14 jahithber 15 winnwave 16 kottigr1 Congrats to all winners! ❗️$1,000 race starts in 60 minutes on Primedice❗️ Length: 24h Start: 12:00pm GMT Prize pool: $1,000
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veleten
Legendary
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Activity: 2016
Merit: 1107
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October 11, 2019, 12:36:02 PM |
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Don't you think Primedice should increase the prize pool? The first winner has won 0.036 BTC with wagering 143 bitcoins and 1.43 expected loss. So I don't think 0.036 BTC is valuable amount. Also, the second winner has wagered 24.5 BTC and won only 0.019 BTC. If the prize pool is increased, I am sure more gamblers will be attracted.
They are not forcing anyone to bet 143 bitcoins to become the winner tho, they are giving away a certain amount of money and that is all up to you to decide how much you want to bet, if you want to bet 143 bitcoins you can, if you want to bet 1 btc you can, if you want to bet 0.1 btc then you can. The rankings are not in the control of primedice, they do not decide who will wager how much, of course it is great for them if people wager a lot but there is no requirement to wager that much to get the prize, people just bet way more than needed because they can and because they want to. So, what could primedice do about it? Tell people to not gamble that much and make them profits? There is no way a casino should do that, it would be suicidal, they are here to make money. True, i'm sure that person who placed 1st rank with 143 bitcoins is not even thinking about the race because based on the screenshot the 2nd place is 24.5 btc which no need to wagered to 143 bitcoins to beat the 2nd place and remember this is 24 hours race, not 1.5 or 2 hours race like on Stake. gamblers who wager this sort of money do not care about the contest prizes usually because every single bet of theirs ( if you see the wagered ) must be around the same as the prize in question sometimes you do get positive EV because of the competition , but definitely on much lower wagers you can wager 2-3 btc , be in profit plus get a prize but in a 143 btc wager run , you are already 1.43 btc down in theory because of the 1% house edge
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Symphonized
Member
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Activity: 2436
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Primedice.com & Stake.com
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October 12, 2019, 03:53:59 AM |
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Do you have what it takes to become one of our TOP 5 Racers? Current ones:
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darewaller
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October 12, 2019, 05:30:18 AM |
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Oh shucks, I didn't get anything from the raffle. Well better luck next time, I am pretty sure I made more free wagered money from primedice (not just giveaways and bonuses, competitions, promotions etc as well) than I gambled in like 10 other casinos, there are only few casinos I gambled more in wagered number than I gambled with free money I got on primedice. At one point primedice was literally doing challenges every single week where we get to try our luck and back then I made so much free money that I gambled around 0.1 total just from those (lost all like a true gambler of course ) All in all I would say raffle would have been expected by me, I have been that much lucky with primedice so not being there is a total shock . Congratz to all winners and good luck .
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adaseb
Legendary
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October 12, 2019, 05:58:27 AM |
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Primedice doesn't have to force anyone to gamble any amount, there are so many people who love gambling here all the time without any promotions or challenges or competitions. Let primedice have zero events go on and there will still be a lot of people gambling here for a ton of money every single day just because they really like it and that's it.
However, they still do these kinds of stuff because they want to give people a goal, like something to work towards, a competition, a challenge, anything that would make your gambling more entertaining because you are gambling for something, they could have made money without it as well but it just another layer of entertainment and it doesn't cost them too much, hell maybe even makes them some extra money.
The promos and challanges are like a "Faucet 2.0". Basically it serves its purpose like a faucet however it filters out most of the people who will abuse the service. The issue with the faucet was that there were too many people who weren't really gamblers, they never made a single deposit to the site and were just in it for the free money by risk-free gambling. By having these promos it lets people who are actually interested in gambling and loyal to the website to get some type of "faucet" funds they can gamble with. So this filters out many of the people who would abuse the faucet without actually making a deposit.
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Symphonized
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October 12, 2019, 01:55:31 PM |
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What's your current VIP Level?
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jostorres
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October 12, 2019, 06:16:48 PM |
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The promos and challanges are like a "Faucet 2.0". Basically it serves its purpose like a faucet however it filters out most of the people who will abuse the service.
The issue with the faucet was that there were too many people who weren't really gamblers, they never made a single deposit to the site and were just in it for the free money by risk-free gambling.
By having these promos it lets people who are actually interested in gambling and loyal to the website to get some type of "faucet" funds they can gamble with. So this filters out many of the people who would abuse the faucet without actually making a deposit.
Exactly, they basically made another faucet but called it not faucet so the bots and abusers would stay away, it requires a bit of work but nothing major and it is still quite easy to get free money from them, all you have to do is spend a bit of time. Hell, if I am not wrong they are giving away free money to people who post on their own forums as well, so you are still getting paid for basically writing (kinda like signature campaign) so it is not risking any money at all, it is not even risking too much time neither, just stops abusers and that's it, still gives people free faucets. Of course, there must be some people who try to abuse even that, we can never have zero abusers but at least it could stop the most common ones and make the current ones work harder for it.
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adaseb
Legendary
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October 13, 2019, 05:51:39 AM |
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The promos and challanges are like a "Faucet 2.0". Basically it serves its purpose like a faucet however it filters out most of the people who will abuse the service.
The issue with the faucet was that there were too many people who weren't really gamblers, they never made a single deposit to the site and were just in it for the free money by risk-free gambling.
By having these promos it lets people who are actually interested in gambling and loyal to the website to get some type of "faucet" funds they can gamble with. So this filters out many of the people who would abuse the faucet without actually making a deposit.
Exactly, they basically made another faucet but called it not faucet so the bots and abusers would stay away, it requires a bit of work but nothing major and it is still quite easy to get free money from them, all you have to do is spend a bit of time. Hell, if I am not wrong they are giving away free money to people who post on their own forums as well, so you are still getting paid for basically writing (kinda like signature campaign) so it is not risking any money at all, it is not even risking too much time neither, just stops abusers and that's it, still gives people free faucets. Of course, there must be some people who try to abuse even that, we can never have zero abusers but at least it could stop the most common ones and make the current ones work harder for it. Yes it's still possible to have a few unethical people who will abuse the promos but it's very difficult and more human interaction is required so most faucet abusers will just quit. The reason why the faucet abuse went on for so long is due to the extremely cheap prices for solving captcha's. Most casinos assumed that Googles captcha is pretty difficult to cheat, especially when you need to select buses or street signs instead of just typing letters. What they didn't realize is that there are services where there are people who are paid like $1/hr to solve captcha's non stop. They use this service along with some API bot and take a bet on 99x and eventually they will reach the min withdraw and repeat the process. I think PD was losing like 20BTC a day in the past due to the abuse as far as I can recall. Hence this strategy is more bullet proof.
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