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Author Topic: Primedice.com | Since 2013 | Longest Running Crypto Casino | 113 BTC Jackpot!  (Read 1989054 times)
ahmadakbari
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October 16, 2019, 04:52:04 PM
 #31041

Primedice is our beloved tho, I have played on stake countless times but I will always come back to primedice for the dice gaming, I can't play dice on stake, it would feel like cheating to me. No matter how many challenges or promotions or giveaways stake will do, when I want to play dice I will come here. Lets hope that the number of players here doesn't transfer into stake too much because I am afraid that would mean slowly moving away from here and closing down here to focus on just stake.
Actually there is no difference between the dice game you play on Stake with the game you play on primedice. Both of them have 1% house edge, both are provably fair and both have a same owner.
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October 16, 2019, 05:37:49 PM
 #31042

Primedice is our beloved tho, I have played on stake countless times but I will always come back to primedice for the dice gaming, I can't play dice on stake, it would feel like cheating to me. No matter how many challenges or promotions or giveaways stake will do, when I want to play dice I will come here. Lets hope that the number of players here doesn't transfer into stake too much because I am afraid that would mean slowly moving away from here and closing down here to focus on just stake.
Actually there is no difference between the dice game you play on Stake with the game you play on primedice. Both of them have 1% house edge, both are provably fair and both have a same owner.

Both primedice and stake does not cheat you in dice games and the only difference between the two is of the interface and i prefer the stake interface more appealing then the primcedice one.
Since primedice is the oldest gambling site established in 2013, there old gamblers have some affiliation and emotional attachment with it and they do not want to shift their games to other site, even if it is a partner site.









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October 17, 2019, 06:33:25 AM
 #31043

I wonder if anyone will ever hit out Jackpot Roll Eyes

[im g]https://i.imgur.com/GaVmsrk.png[/img]

So how is the jackpot funded exactly? Because it's a crazy large amount and it can make anyone super rich at the current BTC prices.

Does a percentage of each loss get contributed to the fund just like the Bitmex liquidation emergency fund which grew to epic numbers.

I think it's great to have this even if it not really possible to win essentially but imagine if you took 2 bets where you actually hit the jackpot numbers but you only bet like 1 Satoshi for each bet and it wouldn't count. I would regret it for the rest of my life.
Yeah, each time people lose money, a small portion of it goes there I think. However in the end it looks quite impossible to hit, if it was easy it wouldn't have 100+ btc to begin with. Anyone who wins that would probably not have to work ever again depending on where they live and how they live. It is close to a million dollars so it is definitely not enough to "live forever without working" in many high end places like California or London or whatever but in 90%+ of the world that is enough to just put it in a bank and live forever with the interest.

I sure wouldn't have to work ever again, I need like 10% of that to make it until I am old enough to cash out my retirement funds and just start living with that, so it is really a huge amount considering even 10% of that makes me live forever without working.

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Stunna (OP)
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October 17, 2019, 06:38:29 AM
Merited by Betwrong (1)
 #31044

I wonder if anyone will ever hit out Jackpot Roll Eyes

[im g]https://i.imgur.com/GaVmsrk.png[/img]

So how is the jackpot funded exactly? Because it's a crazy large amount and it can make anyone super rich at the current BTC prices.

Does a percentage of each loss get contributed to the fund just like the Bitmex liquidation emergency fund which grew to epic numbers.

I think it's great to have this even if it not really possible to win essentially but imagine if you took 2 bets where you actually hit the jackpot numbers but you only bet like 1 Satoshi for each bet and it wouldn't count. I would regret it for the rest of my life.
Yeah, each time people lose money, a small portion of it goes there I think. However in the end it looks quite impossible to hit, if it was easy it wouldn't have 100+ btc to begin with. Anyone who wins that would probably not have to work ever again depending on where they live and how they live. It is close to a million dollars so it is definitely not enough to "live forever without working" in many high end places like California or London or whatever but in 90%+ of the world that is enough to just put it in a bank and live forever with the interest.

I sure wouldn't have to work ever again, I need like 10% of that to make it until I am old enough to cash out my retirement funds and just start living with that, so it is really a huge amount considering even 10% of that makes me live forever without working.

Just to clarify the jackpot is not funded by a portion of user's bets we put 100 BTC into it when we created it and it has continued to rise in value at a fixed rate. So it is a slight reduction of the house edge on behalf of the house.

Stake.com Fastest growing crypto casino & sportsbook
Primedice.com The original bitcoin instant dice game
ahmadakbari
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October 17, 2019, 07:20:40 AM
 #31045

Just to clarify the jackpot is not funded by a portion of user's bets we put 100 BTC into it when we created it and it has continued to rise in value at a fixed rate. So it is a slight reduction of the house edge on behalf of the house.
It's very unlikely some one win 100% of the jackpot. But that's not impossible. As the jackpot is increasing at a fixed rate, theoretically it will rise to very very big amounts. What if the jackpot rises to very very big amounts and someone win it?
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October 17, 2019, 07:31:38 AM
 #31046

Just to clarify the jackpot is not funded by a portion of user's bets we put 100 BTC into it when we created it and it has continued to rise in value at a fixed rate. So it is a slight reduction of the house edge on behalf of the house.
It's very unlikely some one win 100% of the jackpot. But that's not impossible. As the jackpot is increasing at a fixed rate, theoretically it will rise to very very big amounts. What if the jackpot rises to very very big amounts and someone win it?

I don't know why you ask like that? No matter how much is the jackpot when someone hit it, then PD will pay it obviously. Are you worrying that it wont be paid if the jackpot amount is too big? Indeed it can be very big amount as it is increased time to time while the chance to hit it is very small and it is also manual jackpot where users needs to report it if they win it.
Its been a while since the jackpot was added but I do not see any single jackpot winner so far (at least for the lowest percentage). I still wondering why PD do not change it to automatic jackpot so players do not need to watch the bets all the time if players are willing to hunt for the jackpot.

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October 17, 2019, 09:26:42 AM
 #31047

~
Just to clarify the jackpot is not funded by a portion of user's bets we put 100 BTC into it when we created it and it has continued to rise in value at a fixed rate. So it is a slight reduction of the house edge on behalf of the house.

Looking at the constantly changing jackpot amount, I have an impression that the rate of increasing is exactly 1 satoshi per second. Is it so or the algorithm is more complicated than it seems?

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Symphonized
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October 17, 2019, 11:17:08 AM
 #31048

❗️$1,000 race starts in 40 minutes on Primedice❗️

Length: 24h
Start: 12:00pm GMT
Prize pool: $1,000

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October 17, 2019, 11:22:18 AM
 #31049

Looking at the constantly changing jackpot amount, I have an impression that the rate of increasing is exactly 1 satoshi per second. Is it so or the algorithm is more complicated than it seems?
I thought the amount of jackpot depends on the profit the website makes. The rate seems to be 1 Satoshi per seconds without any complicated mathematical calculation behind it. I measured the change in jackpot amount in one minute. After one minute the jackpot increased exactly 60 Satoshis.
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October 17, 2019, 02:50:34 PM
 #31050

It's all eyes on greens for High Rollers right now:


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October 17, 2019, 06:23:34 PM
 #31051

Of course, dice in here and dice in stake is the same, its literally exactly the same because both the house edge and the owners are the same people, however when it comes to gambling on dice (which I do less and less now) it becomes like an old habit for me.

I just played here for the first time (I played on satoshi dice back when they were on blockchain.info integrated and then moved to just-dice when they first started but moved to primedice when primedice started) so it is really hard for me to leave here and play on stake forever, that would mean if I play dice on stake as well, than I won't play anything on primedice ever again, I don't want that, I have friendships and memories and many other stuff here that makes me want to come back with some nostalgic reasons.

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rexxarofmoknathal
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October 17, 2019, 06:41:53 PM
 #31052

Of course, dice in here and dice in stake is the same, its literally exactly the same because both the house edge and the owners are the same people, however when it comes to gambling on dice (which I do less and less now) it becomes like an old habit for me.

I just played here for the first time (I played on satoshi dice back when they were on blockchain.info integrated and then moved to just-dice when they first started but moved to primedice when primedice started) so it is really hard for me to leave here and play on stake forever, that would mean if I play dice on stake as well, than I won't play anything on primedice ever again, I don't want that, I have friendships and memories and many other stuff here that makes me want to come back with some nostalgic reasons.

Its a matter of preference and like you say, if you already established connections and played the game with the same aesthetics then is just a matter of comfort after all - nothing wrong with that. Plus, even if you was to wonder off you'd still probably go for the platforms you're already familiar with, only makes sense and its less of a hassle overall. I get you man...





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Symphonized
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October 18, 2019, 12:58:49 PM
Last edit: October 19, 2019, 04:40:59 AM by Symphonized
 #31053

❗️$1,000 race at Primedice right now❗️

Length: 24h
Started: 12:00pm GMT
Prize pool: $1,000



Some nice wins from moonrocket Cool




Current Race's TOP 5:

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October 19, 2019, 05:08:09 PM
Last edit: October 20, 2019, 04:46:49 AM by Symphonized
 #31054

Don't forget about our weekly Giveaway:
Walk of Fame: The Godfather

https://forum.primedice.com/topic/37214-%F0%9F%8F%86-008-btc-walk-of-fame%C2%A0the-godfather/


Current BTC Price around the 8k.
Grab yourself some good luck and get those profits poping out of nowhere Wink


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October 20, 2019, 08:29:35 PM
Last edit: October 21, 2019, 12:38:44 AM by Symphonized
 #31055

Current High Rollers this Sunday Cool





Is your email verified on your Primedice account?
You do not want to miss out on any promotions, challenges or news sent straight to your mailbox!
#primedice

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October 21, 2019, 05:03:05 PM
 #31056

Giveaway: Walk of Fame: Air Jordan 🏀



Win three consecutive bets on the 23.02x multiplier (nonce must be consecutive).
After that, catch the number 23.00, 23.23, 23.32 OR 00.23 on any payout (just one out of the 4 given ones).

Giveaway's Topic: https://forum.primedice.com/topic/37259-%F0%9F%8F%86-008-btc-walk-of-fame%C2%A0air-jordan/

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October 22, 2019, 03:47:49 AM
 #31057

Current TOP 5 Race:


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October 22, 2019, 06:20:24 PM
 #31058

Okay thanks for your sample info.

Finally, there's a bug that happens occasionally where the balance is updated for a loss when you've won.  I think it's just a display bug, and that the real balance is OK.
goldenslot

Yes sometimes that happens if you are betting way too fast Cool
Or when the Server has too much load.

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October 22, 2019, 07:52:59 PM
 #31059

Okay thanks for your sample info.

Finally, there's a bug that happens occasionally where the balance is updated for a loss when you've won.  I think it's just a display bug, and that the real balance is OK.
goldenslot

Yes sometimes that happens if you are betting way too fast Cool
Or when the Server has too much load.

Still, shouldn't this be something the developing team should be improving on? The fault in the system may deter new players from trusting your site, and in any way it would be more professional to have even the 'little things' if you can call it that, absolutely bang on, keeping up with the reputable reputation  Cheesy
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October 22, 2019, 09:51:10 PM
 #31060

Okay thanks for your sample info.

Finally, there's a bug that happens occasionally where the balance is updated for a loss when you've won.  I think it's just a display bug, and that the real balance is OK.
goldenslot

Yes sometimes that happens if you are betting way too fast Cool
Or when the Server has too much load.

Still, shouldn't this be something the developing team should be improving on? The fault in the system may deter new players from trusting your site, and in any way it would be more professional to have even the 'little things' if you can call it that, absolutely bang on, keeping up with the reputable reputation  Cheesy

This is actually the way many large exchanges and gambling sites have their betting engines set up.

When its a high load gambling site such as primedice they might have different servers and engines for different site operations. So the lower level engine might be the one that actually is the dice game itself while the secondary level engines might be displaying the balances, statistics, chats, etc.

Many sites have overload issues if you want another site that has this issue its the large Bitcoin futures exchange called Bitmex. When there is a bitcoin pump or dump the server is usually overloaded by the UI. However usually the API works and if you need to exit a position as an emergency there is an option which will market close your trade which provides a direct connection to the trading engine and your trade gets executed instead of being stuck in a backlog.

So there is nothing really wrong with the site and I don't think people will be leaving it because they aren't actually cheating people. Its just an overload and it happens even on Netflix or Facebook from time to time.
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