The site has been live for just about 2 weeks and the dice game has already been played 140.000 times, so people do seem to like it.
Ah ok, I understand. But honestly, the only reason the dice game has not a fixed 50% chance, is to keep away the bots. We get our revenue from advertisements, not from gambling edge profit.
Didn't sound like Ads are your primary revenue with these gambling figures but that's none of my business. I didn't visit the site anymore after my analysis.
(don't worry, I know exactly how sites like these make their money so any further discussion is pointless
)
Hi,
could you explain what you have against "these sites". As I see it people get free btc and choose for themselves if they want to cash out or play. You make it sound fishy to say the least.
thanx
Pff... okay, I'll try to keep it short.
First of all, nothing on these sites is "free". Never has been, never will.
- Users have to generate Unique Hits and PageViews for the various AdSense Systems in use by the respective sites
- these Unique Hits and PageViews generate fairly lots of base revenue for the operator
- Users get only a miniscule fraction of the profit the operator reaks in
- additionally, affiliate/referrer programs encourage people to spam the site into open forums
-> with that, they act as almost free multiplicators for the site operator, again getting only a miniscule fraction of the additional profits
- unknown to uneducated users, the often uncontrolled use of Adobe flash/Java etc. coupled with often questionable advertising programs opens the gate for drive-by downloads or zero day exploits
(which as every visitor has a Bitcoin Wallet is a perfect honeypot)
- unknown to uneducated users, implemented Captcha Functions can also be sold to Botnet operators, essentially using human resource to solve non-computer readable problems to i.e. allow SpamBots to penetrate hard targets that otherwise successfully block them
- added gambling functions only serve the purpose to skin the users of these "services" even more, absolutely maximizing profts using rigged algos
In short, outside of the Bitcoin world, sites like these are considered the bottom sediment of the Internet. Before the digital coins re-opened the opportunity for micro/nano-payments, these structures were basically as good as dead.
The Operators of these sites make alot of money with it in several ways and give a miniscule tiny crumb of bread to those that do all the dirty work, with the rigged gambling option their profit massively increases even further (the large duration between payouts is to maximize unique IPs as most users use dynamically assigned IP, as well as channel people into gambling by creating impatience and suggesting easy and fair winning chances).
As you correctly state, however, it's every person's own decision to help these folks reak in profits.
Sheeple will always be sheeple (because they like it) and no education will ever change that, even if presented on a silver plate easy to digest. Lack of technical skills, deeper knowledge of tech involved and general gullible behaviour helps to cloud the complex methods employed by Site Operators to maximize their profits.
That's why we see record numbers of wolfes entering the game. Easy meat they call it.
Compared to the real world, it would mean people knitting T-Shirts for less than 5 cents/hour pay, while having the option of losing that in the casino that's inside the same building. Not even the poorest 3rd world workers would go to work for that and it would create an absolute outcry.
But enter the world of the internet and you'll find more than enough willing to basically do just that and even honestly believing they'd get a fair deal... One can almost hardly blame the Operators of these schemes, it's almost too easy to skin the sheeple to be true. I guess even they sometimes at night lay awake, silently grin and and shake their heads in disbelief that they actually get people making them money for almost free.
Personally, I like to call it "Fools crowdfunding".
