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Topic: Over 1.5 Million bitcoins wagered in past 8 hours on Just-Dice.com - page 2. (Read 3478 times)

legendary
Activity: 2058
Merit: 1452
It's all rigged. These btc gambling sites are just used for money laundering.
Explain?
2 scenarios:

a) Just-Dice is using their own funds to bet on their own site. Regardless of outcome, there is no net gain/loss. However, this generates artificial activity which can be used for publicity (like this thread), or to make the site look more popular.

b) Just-Dice's owner runs a covert money laundering service. "Dirty" money comes into the site in the form of bets, "clean" money comes out in the form of the site's margin. This is assuming the site's bets can not be audited.
full member
Activity: 210
Merit: 100
This is amazing - you guys have to watch this betting at just-dice.com.   Over 250 million USD of coins bet by one player in 12 hrs
sr. member
Activity: 364
Merit: 250
It's all rigged. These btc gambling sites are just used for money laundering.
Explain?

Was he being sarcastic? Or was that a serious proclamation?

No, he is just trolling.
Any sufficiently advanced trolling is indistinguishable from sarcasm.
sr. member
Activity: 462
Merit: 250
It's all rigged. These btc gambling sites are just used for money laundering.
Explain?

Was he being sarcastic? Or was that a serious proclamation?
full member
Activity: 210
Merit: 100
It's all rigged. These btc gambling sites are just used for money laundering.
Explain?
sr. member
Activity: 462
Merit: 250
It's all rigged. These btc gambling sites are just used for money laundering.

Really? Why is JD losing, if money is being laundered, it goes to investors Cheesy
hero member
Activity: 686
Merit: 500
Ultranode
It's all rigged. These btc gambling sites are just used for money laundering.
sr. member
Activity: 462
Merit: 250
Since I started watching a few minutes ago it seems he has won more than 3000 btc
He always wins in the end it seems

He has enough bankroll to overcome a lot of the variance.
full member
Activity: 210
Merit: 100
Since I started watching a few minutes ago it seems he has won more than 3000 btc
He always wins in the end it seems
sr. member
Activity: 462
Merit: 250
Now over 1.5M in past 12 hrs

Now it is over 3 million BTC! That's > 350 million USD
legendary
Activity: 1552
Merit: 1047
Since I started watching a few minutes ago it seems he has won more than 3000 btc
full member
Activity: 210
Merit: 100
Now over 1.5M in past 12 hrs
full member
Activity: 210
Merit: 100
You got to watch this - have 3 whales playing betting about 200 BTC each many times per minute.  Amount wagered on site has gone from 2M to 3M bitcoins. That is about 130 million USD wagered in 8 hours. Do you think any real life casinos even see that much action??
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