Topic: PRCDice.eu - Largest Dice invest site - Open since 2013! Chat, Play, Invest! - page 55. (Read 89246 times)

Server down temporarily.
Looking into the situation and getting back up asap.

Instant withdrawals is long overdue, thanks so much Dean. I know you weren't even keen on it yourself, but you did what everyone asked.

Imo, I think there was too much pressure put on Dean for instant withdrawals. Most don't realise PRC is NOT just a dice site, it has poker too. Most online gamblers understand collusion in poker, and accept that while manual withdrawals are an inconvenience, they're a necessary evil. At least that's my understanding, I'd love to hear ways around policing collusion successfully without manual withdrawals.

Investments are still climbing every day and a nice rate. Too bad dicers are killing profits (myself included). Can't continue forever though...

Not to mention Road2Wealth has already legitimately won more than sjess, and has been paid out. Looks like a single instance where an exploiter wasn't rewarded for exploiting.

Anyone that was there can see right through this... you went so far as to tell Road to go ahead and send you the BTC for escrow. So to say you didn't agree to play/didn't back out is trying to skirt by on a technicality - the progress bar was at 90%. There was plenty of discussion and everyone in chat got the impression the betting was imminent. At the very end, after every detail had been sorted and Road was ready to send the bitcoin, you came out in chat and said you had no way of making sure it was provably fair, because Dean could see the seed before each roll (sorry if my jargon is slightly off because I do not know the technicalities of how it works) and there was potential for collusion. This is where my beef comes in... this comes across as a unnecessary cheap shot at Dean. You are basically saying you feel strong enough that he might be a fraud and willingly participate with members to scam other members such as yourself for a quick buck, that he might do so. This is completely within your right to feel he is capable of that, but do not come in the chat and spend 20 minutes arranging details of a bet and get ready to do it, then randomly back out last minute by throwing Dean under the bus. Better yet, never say a single word to the PRC community or visit the site until you come up with some kind of proof or precedent with Dean's past actions for heinous accusations. Saying "I also didn't accuse Dean of anything." is bogus. There was some serious accusations that were implied.

If you were some random person in chat that did this it wouldn't be a big deal, but you are one of the most trusted people in all of bitcoin, and your word carries alot of weight. That is why, even with no affiliation with Dean/PRC other than being an investor, this got me so fired up and I felt I needed to say something.

Also, comparing the sjess situation to this where you are accusing Dean of potentially being a fraud is such a terrible comparison on so many levels, it is again an irresponsible statement coming from someone with alot of influence in this community. My statement was that if we really think about the situation, did you really think Dean was going to scam his members now, after 12+ months with a flawless record, ~$400k invested, and the potential to replace JD and make millions of dollars if he just remains trustworthy, for a cut of 10 btc and the potential for Road2Wealth to ruin his entire business if he wanted or if something leaked? Not happening. Regardless, this statement was just off the cuff and is completely irrelevant to the point I'm trying to make, and honestly it feels like you were just trying to use something I said to further your point, regardless of context. You should choose your words and actions more carefully in this type of situation when you have so much influence over a community.

I think you misunderstood.

I never agreed to play Road's game, and didn't back out.

I also didn't accuse Dean of anything.

I said Road's game wasn't provably fair since it was open to collusion. I didn't say Dean would collude, I said he could.

Someone (you?) said he would be unlikely to ruin his reputation over a small amount like 20 BTC. In response I said that he had already risked his reputation by refusing to pay out a similar amount to sjess so I wouldn't be so sure.

I don't have logs of the chat - this is from memory. Sorry for any confusion.

Removed the need to add an email address on signup. Just a username and password.

Me and Dean have butted heads in the past on many different issues, but to pay out sjess in that situation would not have been correct in my opinion. Sjess clearly acted with malicious intent - as soon as everyone found out what happened, all he typed in chat was ''

Was the site set up in a way that sjess, on a technical level, did nothing wrong? You could argue that.

But let's bring some level 2 logic into the discussion. This was not done with any dose of innocence - sjess came onto a site with a clearly stated 1% house edge, found an exploit that was written into a flawed code, and left a bot running all night to exploit something that was obviously wrong. Sjess knew the moment he discovered this problem that the algorithm was not working as intended. It was heinous, and he should have immediately alerted Dean. Instead, he decided to be greedy/slimy and try to cash out winnings on a technicality.

And you know what? Someone could easily have a solid rebuttle for my post. Is there a clear cut solution here that doesn't feel a little bit wrong? Nope. But what I wrote above is what feels right to me, and I think Dean acted appropriately given the circumstances.

And to Dooglus re: the 90% bets with R2W... basically backing out at the last possible moment, with the random assertion that you do not trust Dean was pretty terrible on your part. You basically accused him of fraud and it was wrong. If you feel that way, don't come on the site, discuss it like you are about to do it, then throw Dean under the bus at the last second and question his character. I was disappointed and shocked that someone with as big a voice as yours in the bitcoin community would do that to someone who has a flawless record of honesty and trust built up over 12+ months of running a gambling site, and it felt like an unnecessary cheap shot.

I still think 1% house edge is too small for a site this size.  Go to 1.5% the gamblers aren't going to leave.

Where can you see the breakdown of what players have won on dice vs, casino, etc...  The bankroll is shared right?  Does the rake from poker go into the profits too? 

People have been killing the profits here and investments at an all-time high, and growing. Come join the fun!

https://sites.google.com/site/prcdicestats/dynamic

that game isn't that simple if you think about it.  different payout for different cards you could possibly get.

More simple would be a casino war type game.

in keeping with the dice games, maybe there should be heads up dice.  Both players must use the same server seed, but are free to choose their own client seed.  winner wins the wagers.  It doesn't even have to be synchronous.  Dean just needs to make sure that server seeds can never be reused.  or else there could be some sort of unfair information gain/loss out there.

I love the idea of a simple high low game.  You get a random a card and decide if the next card will be higher or lower, odds that it pays would be based on odds of getting the card needed.  (guessing higher on a jack would pay more than lower)  You could collect or keep pressing your bet.  Maybe first card house odds are 3%, risk your winning and go for second card down to 2.5% etc.. collect at anytime.

Could even make it a player vs player somehow.

Wouldn't just doing what you did on JD have worked? Get players in the chat room to suggest client seeds each roll and players to also pick when to go Hi-Lo?

I definitely will be adding different casino games soon and was thinking the past few days about different dice games that could be tried.

I know a lot of players will withdraw them redeposit again, but that's all part of making them feel secure.

When I hit 'withdraw' on a site and have to wait more than a minute to see the transaction hit my wallet, it's always a little unnerving. Even on well established sites like Seals With Clubs there's still a concern "what if they miss my withdrawal?"

Having it instant just feels better for the player, and I'm sure makes them more likely to return.


In unrelated news, sorry for being so indecisive last night about the 90% dice-off with Road.

If I was Dean I would consider adding multi-round multi-player games like that.


For those who weren't there, I saw the max profit was 3 BTC now, and said I was tempted to bet 30 BTC at 90%.

Road2Wealth was there and challenged me to a game, as follows:

We both deposit 10 BTC with a trusted escrow (in this case I was the escrow, but in general the site could be) then take turns betting 10 BTC at 90%. The first one to lose his bet gets his loss covered by the escrowed coins, and gets his own deposit back too. We also came up with a rule that if we each won our first 10 rolls, we would stop and take the profits.

I ended up backing out, but the idea seems interesting if it could be made provably fair (ie. remove the possibility for the site owner to collude with one of the players against the other). Maybe provable fairness isn't even an issue - investors already accept the possibility of the site owner colluding with a player against the investors, so maybe it doesn't even matter.

now gamblers can withdraw their winnings instantly, instantly re-deposit and lose it all over! just kidding. great that this is finally in place. i know for a fact this was keeping many from gambling here

Withdrawals are now instant!

damn 20 btc, i could already live a happy life with such winnings 

Hey everybody!
A player won a pretty big sum today and also made some good money investing. (Pretty darn lucky guy!)
He posted on reddit, you can read his whole story here: http://www.reddit.com/r/PRCDice/comments/2b8yia/my_prcdice_experience_201_btc/
His winnings so far are about +20.1 BTC.

Proof of his withdrawal:


@the argument in favor of a big hotwallet:
Real addicts will just re-deposit anyway. I personally know a few regulars that do exactly that, nothing could stop them from doing so.
This is bitcoin. People are "their own bank", they are responsible for themselves. They don't need to be treated like kids.

A small hotwallet will be implemented soon. Doing big withdrawals manually via the coldwallet is safer for everybody. And I suppose Dean will scale it with the site growth if needed.

Cheers

Well, the algorithm has been published since the beginning and everyone involved (players, investors) could've made up their minds whether they wanted to take part in the game that has been advertised. But if we take into consideration that the casino operator may want to do business in the future he may be best of just paying out the flawed rolls and thus has proven his legitimacy!
We really need dooglus to come back. He's trusted!

I don think its only them , like me i have once made 12 BTC and end up losed all .

I'll update this later today. It's not automated yet but will get it done asap.

Thanks