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Topic: Primedice.com | Since 2013 | Longest Running Crypto Casino | 113 BTC Jackpot! - page 114. (Read 1989100 times)

hero member
Activity: 2646
Merit: 686
Yep, it was originally a much much faster rate but given that the price of BTC has jumped so significantly since the addition we slowed down the increase.
By the way I had to share this:

Considering these are back to back bets and given the bet amount how insane is this?!
It is really crazy to see these kind of rolls people still making when the price of bitcoin is well over $9k and winning 16 BTC in two consecutive rolls  Shocked it is just crazy and only in primedice we will see these kind of crazy rolls .

@ Stunna when can we expect the sportsbook from your team.

Sportsbook will be public within weeks  Wink

@SaShiRaJaVu this has to be a whale who doesn’t care about the price of bitcoins, and probably must have a huge balance hence he decided to take a risk and he got a huge reward for taking this risk. @Stunna thanks for providing an update it’ll be really interesting to see what kind of odds will PD sports book offer, also will you be announcing a contest to welcome it?.
legendary
Activity: 3192
Merit: 1279
Primedice.com, Stake.com
Yep, it was originally a much much faster rate but given that the price of BTC has jumped so significantly since the addition we slowed down the increase.
By the way I had to share this:

Considering these are back to back bets and given the bet amount how insane is this?!
It is really crazy to see these kind of rolls people still making when the price of bitcoin is well over $9k and winning 16 BTC in two consecutive rolls  Shocked it is just crazy and only in primedice we will see these kind of crazy rolls .

@ Stunna when can we expect the sportsbook from your team.

Sportsbook will be public within weeks  Wink
member
Activity: 2436
Merit: 57
Primedice.com & Stake.com
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hero member
Activity: 1694
Merit: 541
Yep, it was originally a much much faster rate but given that the price of BTC has jumped so significantly since the addition we slowed down the increase.
By the way I had to share this:

Considering these are back to back bets and given the bet amount how insane is this?!
It is really crazy to see these kind of rolls people still making when the price of bitcoin is well over $9k and winning 16 BTC in two consecutive rolls  Shocked it is just crazy and only in primedice we will see these kind of crazy rolls .

@ Stunna when can we expect the sportsbook from your team.
hero member
Activity: 2702
Merit: 585
Leading Crypto Sports Betting & Casino Platform


Considering these are back to back bets and given the bet amount how insane is this?!
Holy hell someone got x50 back to back? Dude literally spent 0.33 or so for these bets and made out with 16+ bitcoins, that is some big stuff right there.

People forget that odds are very very small for these kinds of stuff but at the same time they do exist and they can do it, which means they can actually do it, like yeah it would be very tiny possibility but considering how many hands there has been in primedice so far in the past 6+ years it doesn't look like it is impossible to have multiple of these type of back to backs that we just haven't seen, probably even bigger odds that happened back to back happened as well, we just didn't see it.

There has been over 30 billion bets right now and it is unlikely that something like 9900x or whatever happened even back to back, I know that one looks a bit impossible but in 30+ billion bets that becomes more of a reality.
member
Activity: 2436
Merit: 57
Primedice.com & Stake.com
The last couple days Bitcoin price has given a green light once again Cool
How were your Primedice bets during this trend?

legendary
Activity: 3192
Merit: 1279
Primedice.com, Stake.com
Looking at the constantly changing jackpot amount, I have an impression that the rate of increasing is exactly 1 satoshi per second. Is it so or the algorithm is more complicated than it seems?
I thought the amount of jackpot depends on the profit the website makes. The rate seems to be 1 Satoshi per seconds without any complicated mathematical calculation behind it. I measured the change in jackpot amount in one minute. After one minute the jackpot increased exactly 60 Satoshis.

Yeah, that's what I did too, but it would be nice to see a confirmation or denial of our conclusions from PD staff.
I mean, if Bitcoin price was going up and up in the nearest future, would the rate of Jackpot growing remain the same, 1 satoshi per 1 second?

Yep, it was originally a much much faster rate but given that the price of BTC has jumped so significantly since the addition we slowed down the increase.

By the way I had to share this:



Considering these are back to back bets and given the bet amount how insane is this?!
member
Activity: 2436
Merit: 57
Primedice.com & Stake.com
What a way to finish up the weekend.
Are you going into work after a win like this?

Like & comment to win 🤑

full member
Activity: 602
Merit: 116
Well, maybe jackpot is based off the losses and not wins? It is quite possible that the game is basically rigged against the house (which is great for gamblers) because house edge drops due to jackpot, they say it is 1% house edge but if they are putting some of their wins into the jackpot that means it is slightly less than 1%, not a lot, it is not like they are putting too much into jackpot but if every time someone loses the house takes a bit of it and puts tiiiiny part of it into the jackpot? That could be the logical explanation.

Or maybe they are just putting 1 satoshi per second no matter what happens, which means around 86400 satoshi per day, we could calculate that looking at a whole day, or even a week of 604800 satoshis if we want to and if for a whole week it is really just 605k satoshi than it could be 1 satoshi per second no matter what.
As the rate of jackpot increase is fixed, so I don't think that depends on the money they earn.
You are right that the house edge is lower due to the jackpot. But I don't think that any one win that. The chance is very very low.
There are two things that decrease the chance to win the jackpot very much. 1. The minimum bet amount to be eligible, 2. The need to report the win manually.
legendary
Activity: 3318
Merit: 1128
Well, maybe jackpot is based off the losses and not wins? It is quite possible that the game is basically rigged against the house (which is great for gamblers) because house edge drops due to jackpot, they say it is 1% house edge but if they are putting some of their wins into the jackpot that means it is slightly less than 1%, not a lot, it is not like they are putting too much into jackpot but if every time someone loses the house takes a bit of it and puts tiiiiny part of it into the jackpot? That could be the logical explanation.

Or maybe they are just putting 1 satoshi per second no matter what happens, which means around 86400 satoshi per day, we could calculate that looking at a whole day, or even a week of 604800 satoshis if we want to and if for a whole week it is really just 605k satoshi than it could be 1 satoshi per second no matter what.
full member
Activity: 602
Merit: 116
Looking at the constantly changing jackpot amount, I have an impression that the rate of increasing is exactly 1 satoshi per second. Is it so or the algorithm is more complicated than it seems?
I thought the amount of jackpot depends on the profit the website makes. The rate seems to be 1 Satoshi per seconds without any complicated mathematical calculation behind it. I measured the change in jackpot amount in one minute. After one minute the jackpot increased exactly 60 Satoshis.

Yeah, that's what I did too, but it would be nice to see a confirmation or denial of our conclusions from PD staff.
I mean, if Bitcoin price was going up and up in the nearest future, would the rate of Jackpot growing remain the same, 1 satoshi per 1 second?

The current amount of jackpot is about 113 bitcoins. This amount is increasing 1 Satoshi per second. So it is increasing 0.31536 BTC per year. It's only 0.2% of the initial amount. As, the jackpot is increasing only 0.2% per year, I don't think they change it even if bitcoin price increases 10 times.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
Looking at the constantly changing jackpot amount, I have an impression that the rate of increasing is exactly 1 satoshi per second. Is it so or the algorithm is more complicated than it seems?
I thought the amount of jackpot depends on the profit the website makes. The rate seems to be 1 Satoshi per seconds without any complicated mathematical calculation behind it. I measured the change in jackpot amount in one minute. After one minute the jackpot increased exactly 60 Satoshis.

Yeah, that's what I did too, but it would be nice to see a confirmation or denial of our conclusions from PD staff.
I mean, if Bitcoin price was going up and up in the nearest future, would the rate of Jackpot growing remain the same, 1 satoshi per 1 second?
member
Activity: 2436
Merit: 57
Primedice.com & Stake.com
We are at a MASSIVE 39,993,355,541 BETS!
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Current TOP 5 Racers:
member
Activity: 2436
Merit: 57
Primedice.com & Stake.com
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- Valid winner for 40 billionth bet will be paid in the respective currency (currency in which the bet is made).
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member
Activity: 2436
Merit: 57
Primedice.com & Stake.com
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Current TOP 5's Racers:
full member
Activity: 1638
Merit: 122
I saw that 23.02 requirement and I was thinking "who the hell can hit that small number at all let alone 3 times in a row!!
its not small but its high ( higher payout ) usually lower payout are easier to win but higher the payout the harder to win    the said payout number is still small and still possible to hit that more often as long as you have some sufficient balance  . take a look at that challenge thread  . many users already completed the challenge so meaning its really possible  .  challenges were never been easy on pd but its pretty entertaining and can contribute for your waggering stats if not for the sake of profit
legendary
Activity: 3066
Merit: 1312
I saw that 23.02 requirement and I was thinking "who the hell can hit that small number at all let alone 3 times in a row!!" and thought it would be IMPOSSIBLE to hit that number 3 times in a row, the odds should be millions to one easily. Then I went to forum and saw people claiming they did.

I don't know if theirs were "in a row" because they are just sharing pictures and maybe they had like a thousand bets between those ones but it looks like you guys gonna accept so some people managed to hit it. Interesting to see THAT MANY people claiming that something that is once in a million happened to them, it must be quite easy to win money on dice if they are that lucky, I wish them all the very best and suggest them to play on 9900x because with these odds they will have it 3 times in a row.

It is not impossible, I also think that the chance is not one in millions. I think you misunderstand something here as users are not hunting the number but hunting the multiplier. Lets say you are hunting for OVER bet means that you need to roll any numbers above 95.70 three times in a row. You never know if you do not even try.
Any posts can be checked as they do not just share picture/image, they are sharing betIDs that can be checked through its nonce. So it is very easy whether the bets are in a row or not.
hero member
Activity: 2534
Merit: 586
I saw that 23.02 requirement and I was thinking "who the hell can hit that small number at all let alone 3 times in a row!!" and thought it would be IMPOSSIBLE to hit that number 3 times in a row, the odds should be millions to one easily. Then I went to forum and saw people claiming they did.

I don't know if theirs were "in a row" because they are just sharing pictures and maybe they had like a thousand bets between those ones but it looks like you guys gonna accept so some people managed to hit it. Interesting to see THAT MANY people claiming that something that is once in a million happened to them, it must be quite easy to win money on dice if they are that lucky, I wish them all the very best and suggest them to play on 9900x because with these odds they will have it 3 times in a row.
member
Activity: 2436
Merit: 57
Primedice.com & Stake.com
Current TOP 5 Racers:



Could you become one of those? Wink
legendary
Activity: 1372
Merit: 1027
Dump it!!!
Okay thanks for your sample info.

Finally, there's a bug that happens occasionally where the balance is updated for a loss when you've won.  I think it's just a display bug, and that the real balance is OK.
goldenslot

Yes sometimes that happens if you are betting way too fast Cool
Or when the Server has too much load.

Still, shouldn't this be something the developing team should be improving on? The fault in the system may deter new players from trusting your site, and in any way it would be more professional to have even the 'little things' if you can call it that, absolutely bang on, keeping up with the reputable reputation  Cheesy

This is actually the way many large exchanges and gambling sites have their betting engines set up.

When its a high load gambling site such as primedice they might have different servers and engines for different site operations. So the lower level engine might be the one that actually is the dice game itself while the secondary level engines might be displaying the balances, statistics, chats, etc.

Many sites have overload issues if you want another site that has this issue its the large Bitcoin futures exchange called Bitmex. When there is a bitcoin pump or dump the server is usually overloaded by the UI. However usually the API works and if you need to exit a position as an emergency there is an option which will market close your trade which provides a direct connection to the trading engine and your trade gets executed instead of being stuck in a backlog.

So there is nothing really wrong with the site and I don't think people will be leaving it because they aren't actually cheating people. Its just an overload and it happens even on Netflix or Facebook from time to time.
I agree with you that lagging and clogging of the system may happen at times of high demand, a feature that as you said can be experienced even on higher websites, but at the end of the day it does not detract from the fact that it still represents a system inefficiency, exacerbated by limited computing power.

At least, there is a way to modulate this delay through the settings, something I wasn't quite familiar with, and I suppose this can be a perfect use for the impatient users  Cheesy
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