Primedice 3 - RELEASE DATE ANNOUNCED

[MICRO]

@Highly competitive affiliate program with instant withdrawals:

How is that going to work? Gamblers will want to get the maximum edge and whales will definitely affiliate themselves, not matter how much hurdles you place.

Most of the competition is crowd-funded, meaning the house itself only gets to keep a small percentage of the profits (typically 10%).

PD is privately bankrolled, so they keep all the profits for themselves. That means they can afford things like signature campaigns, affiliate programs, etc. more easily than the competition.

Suppose the affiliate program offers 0.1% of a player's wagers to the affiliate, for life. That's only 10% of the profit the house expects to make from the player, but it's 100% of the profit a crowd-funded site would expect to make from them.

As I see it, that is the biggest problem with accepting "investments" on a dice site - it makes you much less profitable (as a percentage of turnover) than not doing so.

And makes possibility to do same as Everydice and scam players and investors .
That is main reason i hate that just-dice is out of the business , as i see it , that was the only site i would trust with investment.

[galbros]

@Highly competitive affiliate program with instant withdrawals:

How is that going to work? Gamblers will want to get the maximum edge and whales will definitely affiliate themselves, not matter how much hurdles you place.

Most of the competition is crowd-funded, meaning the house itself only gets to keep a small percentage of the profits (typically 10%).

PD is privately bankrolled, so they keep all the profits for themselves. That means they can afford things like signature campaigns, affiliate programs, etc. more easily than the competition.

Suppose the affiliate program offers 0.1% of a player's wagers to the affiliate, for life. That's only 10% of the profit the house expects to make from the player, but it's 100% of the profit a crowd-funded site would expect to make from them.

As I see it, that is the biggest problem with accepting "investments" on a dice site - it makes you much less profitable (as a percentage of turnover) than not doing so.

It's also an issue that marketing costs have to come out of those limited profits.  Which is why I'm surprised that another investment dice site has a very competitive signature campaign.

As I recall, Just-Dice had only a very small give away when it first opened, .01 to 100 users or something like that, and that was it, and that was when btc was around 100 USD per coin.

And, as noted by MICRO, with investment sites you always run the risk of the operator Running Away with the Coins^TM.  This was solved on Just-Dice by dooglus being exceptionally honorable.

[dooglus]

As I recall, Just-Dice had only a very small give away when it first opened, .01 to 100 users or something like that, and that was it, and that was when btc was around 100 USD per coin.

Just-Dice hardly advertised at all, that's true. We gave away 200 or 300 gifts of 0.01 at launch, but that's about it.

I paid Klye for his signature, but that was more about him being able to eat than about the signature itself. And we had a few poker freerolls and other giveaways.

But for the most part JD spread by word of mouth, and did amazingly well that way.

[DannyElfman]

@Highly competitive affiliate program with instant withdrawals:

How is that going to work? Gamblers will want to get the maximum edge and whales will definitely affiliate themselves, not matter how much hurdles you place.

Most of the competition is crowd-funded, meaning the house itself only gets to keep a small percentage of the profits (typically 10%).

PD is privately bankrolled, so they keep all the profits for themselves. That means they can afford things like signature campaigns, affiliate programs, etc. more easily than the competition.

Suppose the affiliate program offers 0.1% of a player's wagers to the affiliate, for life. That's only 10% of the profit the house expects to make from the player, but it's 100% of the profit a crowd-funded site would expect to make from them.

As I see it, that is the biggest problem with accepting "investments" on a dice site - it makes you much less profitable (as a percentage of turnover) than not doing so.

It's also an issue that marketing costs have to come out of those limited profits.  Which is why I'm surprised that another investment dice site has a very competitive signature campaign.

As I recall, Just-Dice had only a very small give away when it first opened, .01 to 100 users or something like that, and that was it, and that was when btc was around 100 USD per coin.

And, as noted by MICRO, with investment sites you always run the risk of the operator Running Away with the Coins^TM.  This was solved on Just-Dice by dooglus being exceptionally honorable.

Dicebitco.in is currently paying out more than they will earn in the near future. This is called investing, and people/companies that have funds to do that will most of the time choose to do so.

Bootstraping companies only do it because they don't have much choice.

[freedomno1]

As I recall, Just-Dice had only a very small give away when it first opened, .01 to 100 users or something like that, and that was it, and that was when btc was around 100 USD per coin.

Just-Dice hardly advertised at all, that's true. We gave away 200 or 300 gifts of 0.01 at launch, but that's about it.

I paid Klye for his signature, but that was more about him being able to eat than about the signature itself. And we had a few poker freerolls and other giveaways.

But for the most part JD spread by word of mouth, and did amazingly well that way.

Yep I remember getting one of those  0.01's My Precious BTC (schmiegel tone)
And then the 1 year anniversary event which I lost so not really that many promo events.
2 Days to Go ^_^

[Wendigo]

So where will be the party at on 9th? 

[Acidyo]

So where will be the party at on 9th?  

Me and a friend are planning on lanpartying on the PD3 release time and hopefully we will have some coins to play with when it is released! It's gonna be fun!

Edit: omg I just turned into a Sr. Member! Time to change the signature! Wohoo!

[snuffish]

Have waited forever, but I'm probably drunk on the release date at saturday..
Achievements, gotta catch em all!

[Stars]

Will there be a specific page for the Dice Duels in which people can watch?

[CarlesPuyol]

Why should I wait for another dice game? ANOTHER ONE...

Did you read the specifics? This is the most advanced dice game out there. The only one that offers playervsplayer dice ect!

OK. If you are so excited of it, I'll try it when it will open.

[DannyElfman]

Why should I wait for another dice game? ANOTHER ONE...

Did you read the specifics? This is the most advanced dice game out there. The only one that offers playervsplayer dice ect!

OK. If you are so excited of it, I'll try it when it will open.

Yeah I kind of am Only ~ 3 days to go!

[Holdaaja]

Why should I wait for another dice game? ANOTHER ONE...

Did you read the specifics? This is the most advanced dice game out there. The only one that offers playervsplayer dice ect!

OK. If you are so excited of it, I'll try it when it will open.

Yeah I kind of am Only ~ 3 days to go!

Actually under two days!
I hope we can play without big lags or down times even if there is shit load of traffic.
And there will be so I hope they have prepared to it.

[DannyElfman]

Why should I wait for another dice game? ANOTHER ONE...

Did you read the specifics? This is the most advanced dice game out there. The only one that offers playervsplayer dice ect!

OK. If you are so excited of it, I'll try it when it will open.

Yeah I kind of am Only ~ 3 days to go!

Actually under two days!
I hope we can play without big lags or down times even if there is shit load of traffic.
And there will be so I hope they have prepared to it.

I am sure stunna has enough experience to prepare for this event!

[fatguyyyyy]

I`m super excited! 

[superSTAR777]

curious about it !!!!!

[grux]

Here to dispel a concern about weak passwords. PD3 uses a strong password hashing algorithm that is specially slower to protect against brute forcing. Not to mention we'll notice someone sending hundreds of login attempts...

[Anastasio]

wait wait wait, are we almost 24hours till PD3 launches? Can't believe the day has come. I've only been dicing for a couple months, but I am so glad to be a part of this community!

[Swordsoffreedom]

wait wait wait, are we almost 24hours till PD3 launches? Can't believe the day has come. I've only been dicing for a couple months, but I am so glad to be a part of this community!

Yep 1 day and some minutes left
Time to start the final countdown ^_^
https://www.youtube.com/watch?v=9jK-NcRmVcw

[superSTAR777]

21 hours left , i am not going to sleep and will wait for it

[goose20]

21 hours left , i am not going to sleep and will wait for it

Lol - with 21 hours left, you have plenty of time to catch some zz's - and then catch the release of PD3