--Encrypted-- (OP)
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hee-ho.
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October 14, 2014, 07:46:24 PM |
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topic
sorry mods, I don't know where to post this thing so feel free to move it
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vm1990
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October 14, 2014, 07:50:56 PM |
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rigged means the odds are fixed to always be bad for you and good for the sites.
so say a coin flip game is 50/50 then if it was rigged it could be something like 20/80 (80 being the site)
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--Encrypted-- (OP)
Copper Member
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Activity: 924
Merit: 1007
hee-ho.
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October 14, 2014, 07:57:38 PM |
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rigged means the odds are fixed to always be bad for you and good for the sites.
so say a coin flip game is 50/50 then if it was rigged it could be something like 20/80 (80 being the site)
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?
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grosminer
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October 15, 2014, 01:30:17 PM |
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rigged means the odds are fixed to always be bad for you and good for the sites.
so say a coin flip game is 50/50 then if it was rigged it could be something like 20/80 (80 being the site)
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? Some sites offers the option to verify the integrity of all rolls and confirm they aren't modified. I don't think it would be a good idea for an admin to do that.. even if some ppl made huge profits, there's a lot of other ppl loosing so it's not a problem.
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findftp
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Activity: 1022
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Delusional crypto obsessionist
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October 15, 2014, 02:18:02 PM |
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rigged means the odds are fixed to always be bad for you and good for the sites.
so say a coin flip game is 50/50 then if it was rigged it could be something like 20/80 (80 being the site)
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? Yes it is possible. More plausible is the fact he couldn't not get over the fact that he lost. Which gambling site was it?
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--Encrypted-- (OP)
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Activity: 924
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hee-ho.
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October 15, 2014, 03:24:28 PM |
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Yes it is possible. More plausible is the fact he couldn't not get over the fact that he lost. Which gambling site was it?
999dice.com. I know, I know well it's not like I have evidence or anything, it's just that I got busted a lot with my 1 in 50000+ strategy. and I noticed that the site's profit is always going up every day.
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findftp
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Delusional crypto obsessionist
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October 15, 2014, 03:31:30 PM |
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... and I noticed that the site's profit is always going up every day.
Well, I think everything works perfectly fine then!
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Sunderland
Sr. Member
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Activity: 1477
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To Be Or Not To Be
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October 15, 2014, 03:44:40 PM |
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House always win ==> rigged ? no its normal If house always lose , there will be no gambling site in this internet world. Sometimes we lose ,sometimes we win . But if we always lose = rigged ? 99% Yes
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back to work
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--Encrypted-- (OP)
Copper Member
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Activity: 924
Merit: 1007
hee-ho.
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October 15, 2014, 03:47:28 PM |
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House always win ==> rigged ? no its normal it is? well damn, maybe I should stop gambling and start investing on some site
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MF Doom
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October 16, 2014, 03:47:27 PM |
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I think rigged means their algoriths make it so they dont lose. Like if you win some, then place a larger bet, odds are going to go to their favor on the larger bet, so they win.
Btw, the house ALWAYS wins
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dhavin
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October 16, 2014, 04:00:50 PM |
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rigged means the odds are fixed to always be bad for you and good for the sites.
so say a coin flip game is 50/50 then if it was rigged it could be something like 20/80 (80 being the site)
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? Some sites offers the option to verify the integrity of all rolls and confirm they aren't modified. I don't think it would be a good idea for an admin to do that.. even if some ppl made huge profits, there's a lot of other ppl loosing so it's not a problem. It's really important that the site offer a provably fair system that shows you the encrypted server seed and allows you (this is really important) to set your own client seed. If the site automatically sets the client seed for you (i.e. oh saaaay... freebitco.in / freedoge.co.in) then they can assign a losing client seed so in cases like that, remember to change the client seed.
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graves
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October 16, 2014, 04:33:52 PM |
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i think primedice is rigged.
I saw some big whale name akcoinminer or something blow out -700 btc and he would lose every almost each line.
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TinEye
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October 16, 2014, 04:35:54 PM |
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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.
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graves
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October 16, 2014, 04:39:58 PM |
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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.
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dhavin
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October 16, 2014, 04:48:53 PM |
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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. It could happen. It all depends on what odds he was playing - if he was shooting for a 100x lotto win by betting 100:1 then yeah, he could lose 99 times in a row to a single win. Primedice does offer client side seeds and tells you before the roll what the server side seed is, so you can take both after the fact and the result and determine whether or not the random number generated jives with the seeds. Primedice is probably on the up and up.. probably.
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TheFootMan
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October 17, 2014, 12:11:24 AM |
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Once I played on a poker site. Don't remember the name. They had some 6 seat sit and go's. I was rather proficient at such tables, and they claimed that if you won 6 in a row, you would get a superbonus and win quite the substantional amount of money. I managed to win 5 in a row many times, however on the 6th attempt, there was always some kind of freak occurence that prevented me from winning. So I had 5 wins, then 2nd place several times. In the end I realized that it was indeed rigged, and probably there was no superbonus at all either.
It's extremely easy for a poker site to introduce subtle issues into their software that's hard to detect.
Classical examples of rigging is Las Vegas casions that have one-armed bandit machines near the entrance that have a high payout. So people get into the room, start playing and wins a lot, and they're thinking 'oh gee... it's my lucky day', so they proceed to other machines, or games and loses it all, which was the intention of the Casino in the first place.
Also if you run a poker site, there's nothing preventing you from looking at the hole cards of other players, and thus ripping players off in high stakes games for instance. The problem is however once a site get caught, it loses all credibility in the online poker community.
Anyway, the poker site makes money off comission, so if the operator is smart, he stays legit, he will still profit!
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BayAreaCoins
Legendary
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Activity: 4004
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Owner at AltQuick.com
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October 17, 2014, 02:46:03 AM |
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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.
Ya that was for sure a dick move.
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TheFootMan
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October 17, 2014, 04:33:20 AM |
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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.
Ya that was for sure a dick move. Note that a couple other 'riggers' have faces consequences. Butterfly labs from what I've read, and also the pireat40 dude. And there's always the risk of messing with the wrong people. Staying honest is always the best way to go about it, imo.
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Simon8x
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October 17, 2014, 11:04:47 AM |
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House always win ==> rigged ? no its normal If house always lose , there will be no gambling site in this internet world. Sometimes we lose ,sometimes we win . But if we always lose = rigged ? 99% Yes Yup, there is a house edge in casinos to make the odds slightly in favor of the house. So for a 2x bet, you won't get 50% chance of winning but just 49.5%. In the long term, the gamblers will lose.
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Simon8x
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October 17, 2014, 11:09:25 AM |
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rigged means the odds are fixed to always be bad for you and good for the sites.
so say a coin flip game is 50/50 then if it was rigged it could be something like 20/80 (80 being the site)
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? Some sites offers the option to verify the integrity of all rolls and confirm they aren't modified. I don't think it would be a good idea for an admin to do that.. even if some ppl made huge profits, there's a lot of other ppl loosing so it's not a problem. It's really important that the site offer a provably fair system that shows you the encrypted server seed and allows you (this is really important) to set your own client seed. If the site automatically sets the client seed for you (i.e. oh saaaay... freebitco.in / freedoge.co.in) then they can assign a losing client seed so in cases like that, remember to change the client seed. Also, some sites use the server time as well in the SHA calculation, and so the gambling sites could potential change it slightly to create a losing bet.
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