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Author Topic: Do you think dicing can take over the real money market like it did with Bitcoin  (Read 372 times)
lrdeoliveira (OP)
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October 26, 2017, 05:12:31 AM
 #1

Judging by statistics on websites like dicesites.com websites are doing 10's of million of dollars a week in volume in dicing. Do you think this could translate to the real money market. Dicing obviously is giving all other casino games a run for their money being the most popular by far.

I heard Primedice might be working on it... It could be rumoured around their possible ICO post?
BlockEye
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October 26, 2017, 06:25:41 AM
 #2

Judging by statistics on websites like dicesites.com websites are doing 10's of million of dollars a week in volume in dicing. Do you think this could translate to the real money market. Dicing obviously is giving all other casino games a run for their money being the most popular by far.

I heard Primedice might be working on it... It could be rumoured around their possible ICO post?

What are you pertaining that dicing can take real money? First of all there is already dicing game exist in land-based casino that used fiat to bet, Second, There is also online dice site that accepts fiat as a bet. One thing I don't understand is the meaning of "dicing" for you.

Primedice is showing now the interest of launching an ICO since their competitors successfully launch an ICO and raised huge amount like Bitdice and Betking. Primedice, Bitsler and Fortunejack is my most awaited gambling site to launch an ICO.  Grin
michkima
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October 26, 2017, 09:00:49 AM
 #3

I agree with BlockEye here, not sure what you are referring to! If you are talking about money market as an investment that would be matched by casino investments then it will not happen. Casino investments have a really high risk compared to money market funds where the risk is pretty low. Though casinos always win, it is not true all the time, ther eare times they also lose to gamblers by a lot.
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October 26, 2017, 05:53:11 PM
 #4

I thought gambling (dice) started with real money first before bitcoin was even invented? It should be the other way around right ?
I saw that thread made by Edward about Primedice ICO but I don't think it'll happen though.

What are you pertaining that dicing can take real money? First of all there is already dicing game exist in land-based casino that used fiat to bet, Second, There is also online dice site that accepts fiat as a bet. One thing I don't understand is the meaning of "dicing" for you.
Maybe OP thinks that dice first started with bitcoin or haven't experienced gambling on a fiat casino.

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October 26, 2017, 06:12:55 PM
 #5

Dice, Head and tail like games where started way before bitcoin but it is true that people wager millions of dollar worth of bitcoin in dice sites these days. But only few of those players will win, most of the gamblers will end up losing all which makes dice owner richer and richer everyday.

Dicing taking over real money market  Roll Eyes Huh Huh

I have seen lots of other sites that accepts fiat deposits and have dice game built in.
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October 26, 2017, 07:11:23 PM
 #6

Coming from the traditional gambling world, I can't understand why Bitcoin gamblers love this dice gambling so much. It seems odd to me, there is no sweat, there is no waiting for the result, it happens instantly, and is negative expectation.

The sub-industry of dice scripts is also mind boggling. Why would people think these scripts can beat the 1% hold?

What magic is in the betting systems that can overcome negative expectation?

For me, it's sports betting and poker that get me going. Both can swing the edge to the player in the right situations. Both have moments of extreme excitement and unsure results.
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October 26, 2017, 07:19:47 PM
 #7

Judging by statistics on websites like dicesites.com websites are doing 10's of million of dollars a week in volume in dicing. Do you think this could translate to the real money market. Dicing obviously is giving all other casino games a run for their money being the most popular by far.
What the hell is dicing ? Whatever it is it cannot take the bitcoin market as those stats on most of the websites are fake and bitcoins are always under circulation.

I heard Primedice might be working on it... It could be rumoured around their possible ICO post?
Doesn't matter.Maybe I'm not able to comprehend whatever is said but pretty sure it wouldn't take over the real money market.
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October 26, 2017, 08:10:29 PM
 #8

Coming from the traditional gambling world, I can't understand why Bitcoin gamblers love this dice gambling so much. It seems odd to me, there is no sweat, there is no waiting for the result, it happens instantly, and is negative expectation.

The sub-industry of dice scripts is also mind boggling. Why would people think these scripts can beat the 1% hold?

What magic is in the betting systems that can overcome negative expectation?

For me, it's sports betting and poker that get me going. Both can swing the edge to the player in the right situations. Both have moments of extreme excitement and unsure results.
^^^
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These are my thoughts exactly ---> it's absolutely crazy that people keep accepting these -EV propositions!  But, then again, that's exactly why these dice sites are doing so well ---> they can't lose and these marks keep playing anyway.  Sharp money is on the house's side of these props for sure.
serjent05
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October 26, 2017, 09:41:51 PM
 #9

Judging by statistics on websites like dicesites.com websites are doing 10's of million of dollars a week in volume in dicing. Do you think this could translate to the real money market. Dicing obviously is giving all other casino games a run for their money being the most popular by far.

I heard Primedice might be working on it... It could be rumoured around their possible ICO post?

What are you pertaining that dicing can take real money? First of all there is already dicing game exist in land-based casino that used fiat to bet, Second, There is also online dice site that accepts fiat as a bet. One thing I don't understand is the meaning of "dicing" for you.

Primedice is showing now the interest of launching an ICO since their competitors successfully launch an ICO and raised huge amount like Bitdice and Betking. Primedice, Bitsler and Fortunejack is my most awaited gambling site to launch an ICO.  Grin

I would definitely want to see thses Casino's launching their own ICO's Smiley.  Anyway I do think that dice had already been a major game in gambling in terms of real money.  Local or online, this game really take a lot of players and shares in terms of gambling games statistics.  So I guess it is not only Bitcoin but they also took realmoney market ( infact it is the first one )
lrdeoliveira (OP)
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October 27, 2017, 03:39:19 AM
 #10

Are you guys kidding? There's no real money casinos with proper dicing like how it's done on Bitcoin. Bitcoin has such a unique approach. Check out the sites on www.dicesites.com, they're the proper dice sites I'm talking about - Not dicing that's implemented currently in real life casinos etc. It's a very different concept!
Nelka4
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October 27, 2017, 03:40:05 AM
 #11

Are you guys kidding? There's no real money casinos with proper dicing like how it's done on Bitcoin. Bitcoin has such a unique approach. Check out the sites on www.dicesites.com, they're the proper dice sites I'm talking about - Not dicing that's implemented currently in real life casinos etc. It's a very different concept!

Agreed, interested to see. Is there a link to anything similar to Primedice for fiat?
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October 27, 2017, 09:55:13 AM
 #12

Judging by statistics on websites like dicesites.com websites are doing 10's of million of dollars a week in volume in dicing. Do you think this could translate to the real money market. Dicing obviously is giving all other casino games a run for their money being the most popular by far.
Bitcoin gambling has changed the nature of anonymous gambling. However it is not revolutionary yet. Think of the people who dont know about bitcoin and crypto yet and are gambling everyday? Bitcoin is a currency, it will not change the face of gambling unless bitcoin becomes more popular which will happen in a few decades.

Quote
I heard Primedice might be working on it... It could be rumoured around their possible ICO post?
Primedice is NOT having any ICO. Some people were speculating about an ICO but that will never happen. The team themselves have confirmed that.

R


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eternalgloom
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October 27, 2017, 11:51:26 AM
 #13

Coming from the traditional gambling world, I can't understand why Bitcoin gamblers love this dice gambling so much. It seems odd to me, there is no sweat, there is no waiting for the result, it happens instantly, and is negative expectation.

The sub-industry of dice scripts is also mind boggling. Why would people think these scripts can beat the 1% hold?

What magic is in the betting systems that can overcome negative expectation?

For me, it's sports betting and poker that get me going. Both can swing the edge to the player in the right situations. Both have moments of extreme excitement and unsure results.
I don't think that most players choose dice because they think they'll be able to beat the house edge.
It's also just fun to play dice and test out different strategies, not a single strategy will be +EV in the long term, but that doesn't mean that you can't end up with some winnings after a few sessions.

Also, the fast nature of these dice games is what attracts people, I would say.

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October 27, 2017, 12:24:53 PM
 #14

OP probably means that whether the dice sites which are earning so much money with cryptocurrencies are going to make their land-based existence and accepting real money for it or not (if i have not misunderstood him), and what i think is they don't even need to do that. Right now, i don't think that they are paying any taxes or anything for the money they are earning through their sites, and if they go mainstream, there are thousands of things to do in there and it will not be like how it is right now for them.
Aleister Crowley
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November 03, 2017, 03:00:33 AM
 #15

Dice, Head and tail like games where started way before bitcoin but it is true that people wager millions of dollar worth of bitcoin in dice sites these days. But only few of those players will win, most of the gamblers will end up losing all which makes dice owner richer and richer everyday.

Dicing taking over real money market  Roll Eyes Huh Huh

I have seen lots of other sites that accepts fiat deposits and have dice game built in.
the velocity of money in the dice game is great .. besides the crushing defeat there are also some of them who get an absolute victory ,, even though the fact is bigger the defeat is received by the players .. and the dice can make the gamblers go bankrupt in just a few rounds...
Getcoinsite
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November 03, 2017, 05:26:31 AM
 #16

Judging by statistics on websites like dicesites.com websites are doing 10's of million of dollars a week in volume in dicing. Do you think this could translate to the real money market. Dicing obviously is giving all other casino games a run for their money being the most popular by far.

I heard Primedice might be working on it... It could be rumoured around their possible ICO post?
would you pls clarify what do you mean in this post.what is JUDGING BY STATISTICS? And what is TRANSLATE TO REAL MONEY MARKET?plz before starting some topics try to check those words your using if its appropriate on what you want to imposeor express..anyway DICING is a dominant on gambling this days and its really unpredictable how gambler get addicted unto it.but gambling is a gambling if we really want to get rich here in Crypto,we should avoid gambling addiction and focus in trading,mining and investing..
LuanX3
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November 03, 2017, 08:09:12 AM
 #17

Judging by statistics on websites like dicesites.com websites are doing 10's of million of dollars a week in volume in dicing. Do you think this could translate to the real money market. Dicing obviously is giving all other casino games a run for their money being the most popular by far.

I heard Primedice might be working on it... It could be rumoured around their possible ICO post?
would you pls clarify what do you mean in this post.what is JUDGING BY STATISTICS? And what is TRANSLATE TO REAL MONEY MARKET?plz before starting some topics try to check those words your using if its appropriate on what you want to imposeor express..anyway DICING is a dominant on gambling this days and its really unpredictable how gambler get addicted unto it.but gambling is a gambling if we really want to get rich here in Crypto,we should avoid gambling addiction and focus in trading,mining and investing..

Not sure as well what he meant here, he's also connecting two completely different concepts that are not ultimately related to each other. This is just a typically spam thread I think. Op did not intend to really post a topic that would encourage any discussion about bitcoins nor gambling, actually it doesn't invite any sort of discussion. The only thing to discuss is the fact his is does not purport to be any kind of topic to be discussed.
Getcoinsite
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November 03, 2017, 11:09:31 AM
 #18

Judging by statistics on websites like dicesites.com websites are doing 10's of million of dollars a week in volume in dicing. Do you think this could translate to the real money market. Dicing obviously is giving all other casino games a run for their money being the most popular by far.

I heard Primedice might be working on it... It could be rumoured around their possible ICO post?
would you pls clarify what do you mean in this post.what is JUDGING BY STATISTICS? And what is TRANSLATE TO REAL MONEY MARKET?plz before starting some topics try to check those words your using if its appropriate on what you want to imposeor express..anyway DICING is a dominant on gambling this days and its really unpredictable how gambler get addicted unto it.but gambling is a gambling if we really want to get rich here in Crypto,we should avoid gambling addiction and focus in trading,mining and investing..

Not sure as well what he meant here, he's also connecting two completely different concepts that are not ultimately related to each other. This is just a typically spam thread I think. Op did not intend to really post a topic that would encourage any discussion about bitcoins nor gambling, actually it doesn't invite any sort of discussion. The only thing to discuss is the fact his is does not purport to be any kind of topic to be discussed.
you got it right,and he cant even make an answer or stand on our questions,neither even make a reaction for us having clarification regarding matter.or he just dont really know how to explain those things.making topic is a obligation to make stand for those commentators .
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November 10, 2017, 11:05:09 AM
 #19

Judging by statistics on websites like dicesites.com websites are doing 10's of million of dollars a week in volume in dicing. Do you think this could translate to the real money market. Dicing obviously is giving all other casino games a run for their money being the most popular by far.

I heard Primedice might be working on it... It could be rumoured around their possible ICO post?
would you pls clarify what do you mean in this post.what is JUDGING BY STATISTICS? And what is TRANSLATE TO REAL MONEY MARKET?plz before starting some topics try to check those words your using if its appropriate on what you want to imposeor express..anyway DICING is a dominant on gambling this days and its really unpredictable how gambler get addicted unto it.but gambling is a gambling if we really want to get rich here in Crypto,we should avoid gambling addiction and focus in trading,mining and investing..

Not sure as well what he meant here, he's also connecting two completely different concepts that are not ultimately related to each other. This is just a typically spam thread I think. Op did not intend to really post a topic that would encourage any discussion about bitcoins nor gambling, actually it doesn't invite any sort of discussion. The only thing to discuss is the fact his is does not purport to be any kind of topic to be discussed.
you got it right,and he cant even make an answer or stand on our questions,neither even make a reaction for us having clarification regarding matter.or he just dont really know how to explain those things.making topic is a obligation to make stand for those commentators .
Yes, The word choice is quite in appropriate and obviously the statement itself is a prove that both of entirely different concepts have been mixed together such as a smash. Is he really trying to make the fun of Gamblers? Or he is just trying to get the shit out of us.

We all know that dice is becoming famous day by day and it is possible that it would take over the entire world of gambling in the upcoming few years.
lrdeoliveira (OP)
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December 06, 2017, 01:36:54 AM
 #20

Judging by statistics on websites like dicesites.com websites are doing 10's of million of dollars a week in volume in dicing. Do you think this could translate to the real money market. Dicing obviously is giving all other casino games a run for their money being the most popular by far.

I heard Primedice might be working on it... It could be rumoured around their possible ICO post?
would you pls clarify what do you mean in this post.what is JUDGING BY STATISTICS? And what is TRANSLATE TO REAL MONEY MARKET?plz before starting some topics try to check those words your using if its appropriate on what you want to imposeor express..anyway DICING is a dominant on gambling this days and its really unpredictable how gambler get addicted unto it.but gambling is a gambling if we really want to get rich here in Crypto,we should avoid gambling addiction and focus in trading,mining and investing..

Basically I'm saying if dicing accepted USD/Fiat payments how it would hold up. Right now it's killing it in the crypto world, it could do the same in the fiat world.
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