Bitcoin Forum
January 19, 2019, 10:02:48 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: about gambling sites... what does rigged means, exactly?  (Read 2402 times)
krishnavein
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
October 17, 2014, 12:46:29 PM
 #21

rigged means the results are predetermined/determined
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1547935368
Hero Member
*
Offline Offline

Posts: 1547935368

View Profile Personal Message (Offline)

Ignore
1547935368
Reply with quote  #2

1547935368
Report to moderator
1547935368
Hero Member
*
Offline Offline

Posts: 1547935368

View Profile Personal Message (Offline)

Ignore
1547935368
Reply with quote  #2

1547935368
Report to moderator
Velkro
Legendary
*
Offline Offline

Activity: 1680
Merit: 1002


<3 Vanity Addresses :)


View Profile
October 17, 2014, 12:57:04 PM
 #22

ah I see...
but someone from a dice site told me that the admin is watching the bets and when you get too much profit, the admin will make it so that you lose all of your balance.. is that even possible?
Of course it is... sadly. Thats why gambling is not good at all because "bank" always will win. In more "fair" way or not fair way. No matter.

Simon8x
Hero Member
*****
Offline Offline

Activity: 568
Merit: 500



View Profile
October 17, 2014, 01:09:27 PM
 #23

rigged means the results are predetermined/determined

Well then all bitcoin sites are "rigged" as the results are (pre-)determined by both your client seed and the site's server seed in all provably fair sites.

dhavin
Hero Member
*****
Offline Offline

Activity: 683
Merit: 500


View Profile
October 18, 2014, 09:26:24 PM
 #24

rigged means the results are predetermined/determined

Well then all bitcoin sites are "rigged" as the results are (pre-)determined by both your client seed and the site's server seed in all provably fair sites.

Heh. +1!

http://www.scratch4satoshis.com/ - 1600 satoshi/hour 2 MILLION SATOSHI minimum weekly lottery draw! Get your tickets submitted!
BayAreaCoins
Legendary
*
Offline Offline

Activity: 2030
Merit: 1026


FreeBitcoins.com Boss


View Profile WWW
October 19, 2014, 05:46:48 AM
 #25

rigged means the results are predetermined/determined

Well then all bitcoin sites are "rigged" as the results are (pre-)determined by both your client seed and the site's server seed in all provably fair sites.

Heh. +1!

Dooglus has explained this a number of times.  I recommend if you are interested in learning to go read the old Just-dice.com posts.

jjacob
Legendary
*
Offline Offline

Activity: 1554
Merit: 1022


★Nitrogensports.eu★


View Profile
October 20, 2014, 12:15:48 AM
 #26

I would say a site is rigged if the house edge is greater than what is advertised / disclosed.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
TinEye
Hero Member
*****
Offline Offline

Activity: 640
Merit: 500



View Profile
October 20, 2014, 09:13:23 PM
 #27

Take Dicebitco.in for example. It was caught skipping winning bets. In this way, the house edge ended up a lot higher than the advertised 1%

After it got caught, the owner started betting himself through an alias winning everything and clearing out the investor's money.

Wow thats just gotta suck.

I heard about that incident. What do you think about my comment above on primedice. I mean I saw that guy lost so much.

Very likely a random incident. Its quite possible.

Primedice is well known and has a lot of traffic. They have more to lose if they try anything and get caught.



                                                                    ▄▄▄▄▄▄▄▄▄
                                                                   ▄█████████                  ██████
                                                                   ███    ███                 ██   ██
         ████████████████████████████████████████████████████████████    ██████████████████████   ████████▀
        ██            ▄█          █▄                 █▄          ███            █▄          █        ▄██▀
       ██            ██           ███                ██   ▄▄▄▄▄  ███            ██   ▄▄▄▄▄  ██   █████▀
       ██   █████    ██   ████   ████   ██     ██    ██   ▀▀▀▀   ██    ██████   ██   ▀▀▀▀   ██   ████▀
      ██    █████   ██    ████   ████   ██     ██   ██          ███   ██████   ██          ██   ████▀
      ██            ██           ███   ███    ███   ██    ▀▀▀▀▀▀███            ██    ▀▀▀▀▀▀██   ▀▀▀████
      ███           ██▄            █   ██     ██    ██▄          █             ▀█▄          ██      ███
       █████████   ████████████████████████████████████████████████████████████████████████████████████
      ██           ██
    ██▀           ███
  ████████████████▀
graves
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
October 20, 2014, 10:42:09 PM
 #28

it means they win 100% or most of the time.

Similar to a ponzi scheme.
ClownHunter
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
October 20, 2014, 11:55:13 PM
 #29

I would say a site is rigged if the house edge is greater than what is advertised / disclosed.
This is pretty much it. However it is somewhat more complicated then this.

A casino will generally be considered to be rigged if a bet that should have won, for whatever reason does not pay out as a winning bet. This is actually somewhat common for even reputable casinnos however when it is discovered by the site operators they will reimburse players who should have won
wunkbone
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
October 21, 2014, 12:37:38 AM
 #30

Thats why you should only gamble in the trusted site, Primedice is good...

The Transit Coin is on the way. help us to decide the path we have to follow:

https://bitcointalk.org/index.php?topic=1066969

http://tnttalk.org

TNT COIN SHOPPING MALL COMING SOON
<a href="https://www.vultr.com/?ref=6829767"><img src="https://www.vultr.com/media/468x60_03.gif" width="468" height="60"></a>
Kakmakr
Legendary
*
Offline Offline

Activity: 1540
Merit: 1177

★ ChipMixer | Bitcoin mixing service ★


View Profile
October 21, 2014, 05:33:19 AM
 #31

It's software and can be manipulated.

Casino's has to win, to stay in business. They give back, just enough for you to come back for more.

Ever wondered, why there are so many cameras in a casino? If you think it's only to catch cheaters, you will be wrong. ^Evil Grin^

Salmon1989
Hero Member
*****
Offline Offline

Activity: 604
Merit: 500



View Profile
October 21, 2014, 07:20:11 AM
 #32

It's software and can be manipulated.

Casino's has to win, to stay in business. They give back, just enough for you to come back for more.

Ever wondered, why there are so many cameras in a casino? If you think it's only to catch cheaters, you will be wrong. ^Evil Grin^

That's why I prefer bitcoin gambling (of course I am talking about trusted provably fair sites) to Vegas.
With a good implementation of PF, the site cannot control the bet result completely and the gamblers will easily know when the site is cheating.

Pages: « 1 [2]  All
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!