Primedice.com | Since 2013 | Longest Running Crypto Casino | 113 BTC Jackpot! - page 177.

UserU

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Quote from: Caladonian on February 09, 2019, 01:43:57 AM

Changing the mindsets of gamblers making them enjoy while chasing the big wins, these is where greediness needs to be controlled, gamblers need
to be more responsible to avoid getting too much attached.

It's much easier said than done. The probability of winning the next bet just reels you in and each loss magnifies your stake.

Caladonian

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Quote from: Juggy777 on February 08, 2019, 10:23:54 PM

Quote from: Supercrypt on February 08, 2019, 01:25:48 PM

No matter what type of different setting or a strategy or a system they work with, house edge is covering all of that. There is no strategy that negates the house edge hence there is never a chance for a gambler to win in the long term. That is why the most beautiful scenario for a gambler and a casino is that casino provides a lot of fun and entertainment for the gambler while gambler has enough money to go and gamble while having fun and see that as a time well spent. That is why most of the casinos in Las Vegas do stand up shows and boxing fights and stuff like that so that you would go there and have fun while losing your money.

If someone comes in thinking they can actually profit from gambling that is bad for him and also since that person is almost always under informed about how casinos work they make a big headache for the casinos as well even tough they are wrong.

I feel you have a valid point as the house edge always works in favour of the casino, also you’re right as there’s no strategy that works for the long term it’s only your luck that helps you survive. Once in a while however a gambler comes along, and wins big so that does hurts the casino if he cashes out. The casinos in Las Vegas need those shows to keep people locked in, only then will they be making real money, and I feel it’s a fair strategy from casinos point of view.

That's how business works, they need to attract people and make them feel that they can beat the house in some ways or if they are truly lucky, this advertising and promotions are part of their strategy to gather gamblers to play inside and feel the comfort of their casino while enjoying with the
scenery, though it's mostly correct that each casino house have their own ways to take advantage they won't let that be felt by the gamblers, they will
bring sets of ideas and some cases where some lucky gamblers wins really big ones from the house.

Changing the mindsets of gamblers making them enjoy while chasing the big wins, these is where greediness needs to be controlled, gamblers need
to be more responsible to avoid getting too much attached.

Juggy777

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Activity: 2646

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Quote from: Supercrypt on February 08, 2019, 01:25:48 PM

No matter what type of different setting or a strategy or a system they work with, house edge is covering all of that. There is no strategy that negates the house edge hence there is never a chance for a gambler to win in the long term. That is why the most beautiful scenario for a gambler and a casino is that casino provides a lot of fun and entertainment for the gambler while gambler has enough money to go and gamble while having fun and see that as a time well spent. That is why most of the casinos in Las Vegas do stand up shows and boxing fights and stuff like that so that you would go there and have fun while losing your money.

If someone comes in thinking they can actually profit from gambling that is bad for him and also since that person is almost always under informed about how casinos work they make a big headache for the casinos as well even tough they are wrong.

I feel you have a valid point as the house edge always works in favour of the casino, also you’re right as there’s no strategy that works for the long term it’s only your luck that helps you survive. Once in a while however a gambler comes along, and wins big so that does hurts the casino if he cashes out. The casinos in Las Vegas need those shows to keep people locked in, only then will they be making real money, and I feel it’s a fair strategy from casinos point of view.

Supercrypt

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Activity: 1554

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No matter what type of different setting or a strategy or a system they work with, house edge is covering all of that. There is no strategy that negates the house edge hence there is never a chance for a gambler to win in the long term. That is why the most beautiful scenario for a gambler and a casino is that casino provides a lot of fun and entertainment for the gambler while gambler has enough money to go and gamble while having fun and see that as a time well spent. That is why most of the casinos in Las Vegas do stand up shows and boxing fights and stuff like that so that you would go there and have fun while losing your money.

If someone comes in thinking they can actually profit from gambling that is bad for him and also since that person is almost always under informed about how casinos work they make a big headache for the casinos as well even tough they are wrong.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: Botnake on February 06, 2019, 09:33:24 PM

Quote from: rdbase on February 06, 2019, 05:00:09 PM

This is what ruins people who think their winning streak will last forever and do get carried away in the moment of triumph.
Although having a limitless bankroll betting must be a pass time for them and not having winning to high as most who dont.

It's a wrong thinking in gambling and it's being unrealistic, it will surely lead to bankruptcy if they always think like that.
However for people who just gamble for fun, it's a a good idea as it's fun to martingale using the auto roll.

In some cases Maybe there's some gamblers who can afford doing that and ready to lose a big amount of money just to have fun, but most of the
time, gamblers wanted to keep trying different settings in trying to gain a big winnings, and again house is ready for them, one big mistake will
turned everything out, bankruptcy is more possible than to hit the certain target.

Players who have big bankroll and knows how to control mostly can afford to balance their winnings and losing streak, they are smart gamblers
who also able to hit the big wins.

Symphonized

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Activity: 2436

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Botnake

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Quote from: rdbase on February 06, 2019, 05:00:09 PM

This is what ruins people who think their winning streak will last forever and do get carried away in the moment of triumph.
Although having a limitless bankroll betting must be a pass time for them and not having winning to high as most who dont.

It's a wrong thinking in gambling and it's being unrealistic, it will surely lead to bankruptcy if they always think like that.
However for people who just gamble for fun, it's a a good idea as it's fun to martingale using the auto roll.

rdbase

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Quote from: ralle14 on February 06, 2019, 04:56:47 PM

Quote from: PuertoLibre on February 06, 2019, 04:05:53 PM

Martingale strategy is useless unless gambler has limitless bankroll or valid bias on game. I also spent days on forums for finding perfect strategy with developing it and found different shapes of martingale like reverse,super,aggressive martingales which all based on adding more to previous bet amount. The ending is always the same

It's not entirely useless I mean any strategy could work but when you push your luck way too hard losing bets will always come to take back what you've won. It's all about the greed inside of us we tend to get carried away with our winnings. A lot of us crave for more profits because we thought it was easy to win last time but then once we continue the outcome mostly goes the other way around.

This is what ruins people who think their winning streak will last forever and do get carried away in the moment of triumph.
Although having a limitless bankroll betting must be a pass time for them and not having winning to high as most who dont.

ralle14

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Quote from: PuertoLibre on February 06, 2019, 04:05:53 PM

Martingale strategy is useless unless gambler has limitless bankroll or valid bias on game. I also spent days on forums for finding perfect strategy with developing it and found different shapes of martingale like reverse,super,aggressive martingales which all based on adding more to previous bet amount. The ending is always the same

It's not entirely useless I mean any strategy could work but when you push your luck way too hard losing bets will always come to take back what you've won. It's all about the greed inside of us we tend to get carried away with our winnings. A lot of us crave for more profits because we thought it was easy to win last time but then once we continue the outcome always goes the other way around.

PuertoLibre

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Quote from: eaLiTy on February 06, 2019, 09:47:14 AM

Quote from: adaseb on February 06, 2019, 02:02:19 AM

The reason why most people lose is because they most likely use martingale and they become emotional and greedy and get their account emptied. Basically they make a small base bet say $1 or so. They double their bet on every loss and basically think they have some secret strategy and think that "15 reds is impossible" then shortly after when they are in profit maybe $100 or $200 or so they end up getting into a huge 7-8 red lossing streak and they keep doubling their bets thinking the next bet will bring them to break-even but instead it becomes another loss and their account is empty. Then they deposit the rest of their bitcoins into the site and end up losing all their BTC because they get cleaned out within the next bet or 2.

This is a real issue with new users, they think they figured out how the system works and they might win some good money and then they use the martingale method of betting and they assume that they will not get consecutive losses, to be frank i fell for this four years back when i came to prime dice and lost a lot of money as there were not much places to gamble i was having fun and i won some amount and then i thought there wont be 15 consecutive losses after rolling a lot and i was confident enough and then i had 21 consecutive reds which emptied my balance. It was a really long time ago and it is fun thinking about it now but it was not that fun loosing a big chunk, Cheesy

but i recovered all my losses a couple of years later and took a complete break.

Martingale strategy is useless unless gambler has limitless bankroll or valid bias on game. I also spent days on forums for finding perfect strategy with developing it and found different shapes of martingale like reverse,super,aggressive martingales which all based on adding more to previous bet amount. The ending is always the same

Radiante

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Quote from: Idrisu on February 06, 2019, 09:21:40 AM

Emotions and greed has been the reason why most of the gamblers lose their investments but I think it is purely good for the gambling and betting companies as this is what kept them in business

Betting is fun itself, and sites like Stake are fun even without betting (you have a live chat with gifts and trivias, forum, discord, etc). The problem comes when you forget the fun part and start to try to "win thousands", and in the way you lose some, and start thinking the game is unfair, and that you have to beat the casino as it if were an enemy, and then you go to the live support and insult them... A downhill wheel of no return... (no joke here, it happened Cheesy

)

Supercrypt

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Activity: 1554

Merit: 1054

Short burst always have a single off chance. I once bet 0.2 bitcoin on a 50% bet and got 0.4 return at the time that was a lot of money, however if you look at my long term losses I am pretty sure its more than what I earned so far. It may go your way and you can win big once or it may go wrong and you may lose all at once but betting huge once has a higher chance than betting small by small for a long period of time because given time house edge always makes sure you lose.

People who do not understand what house edge is and wonder why they always lose while gambling should not be gambling, its a risk they take and if they do not understand or fully comprehend the risks involved and why casinos always win than they kind of deserve to lose their money, I know its a horrible thing to say but I just feel that way.

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: adaseb on February 06, 2019, 02:02:19 AM

The reason why most people lose is because they most likely use martingale and they become emotional and greedy and get their account emptied. Basically they make a small base bet say $1 or so. They double their bet on every loss and basically think they have some secret strategy and think that "15 reds is impossible" then shortly after when they are in profit maybe $100 or $200 or so they end up getting into a huge 7-8 red lossing streak and they keep doubling their bets thinking the next bet will bring them to break-even but instead it becomes another loss and their account is empty. Then they deposit the rest of their bitcoins into the site and end up losing all their BTC because they get cleaned out within the next bet or 2.

This is a real issue with new users, they think they figured out how the system works and they might win some good money and then they use the martingale method of betting and they assume that they will not get consecutive losses, to be frank i fell for this four years back when i came to prime dice and lost a lot of money as there were not much places to gamble i was having fun and i won some amount and then i thought there wont be 15 consecutive losses after rolling a lot and i was confident enough and then i had 21 consecutive reds which emptied my balance. It was a really long time ago and it is fun thinking about it now but it was not that fun loosing a big chunk, Cheesy

but i recovered all my losses a couple of years later and took a complete break.

coinlocket$

legendary

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#1 VIP Crypto Casino

Quote from: Symphonized on February 05, 2019, 10:44:06 AM

You can also take these posts to participate at Primedice's Twitter giveaways on each bet.

Claimer once again wins over $30,000 from a bet of under 1 ETH!

Have you ever made a bet of 1 ETH or higher?

Well, 1 eth is not a small bet, most of the people can't effort to bet so high.

Idrisu

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Quote from: adaseb on February 06, 2019, 02:02:19 AM

I don't think its the house edge that cleans out most gamblers, the house edge is so small it might cause some type of bot strategy to lose in the long run, its not large enough to make an effect with a small number of bets.

The reason why most people lose is because they most likely use martingale and they become emotional and greedy and get their account emptied. Basically they make a small base bet say $1 or so. They double their bet on every loss and basically think they have some secret strategy and think that "15 reds is impossible" then shortly after when they are in profit maybe $100 or $200 or so they end up getting into a huge 7-8 red lossing streak and they keep doubling their bets thinking the next bet will bring them to break-even but instead it becomes another loss and their account is empty. Then they deposit the rest of their bitcoins into the site and end up losing all their BTC because they get cleaned out within the next bet or 2.

The casinos would make a profit even on 0% house edge but due to bots it would create too many issues.

Emotions and greed has been the reason why most of the gamblers lose their investments but I think it is purely good for the gambling and betting companies as this is what kept them in business

adaseb

legendary

Activity: 3808

Merit: 1723

I don't think its the house edge that cleans out most gamblers, the house edge is so small it might cause some type of bot strategy to lose in the long run, its not large enough to make an effect with a small number of bets.

The reason why most people lose is because they most likely use martingale and they become emotional and greedy and get their account emptied. Basically they make a small base bet say $1 or so. They double their bet on every loss and basically think they have some secret strategy and think that "15 reds is impossible" then shortly after when they are in profit maybe $100 or $200 or so they end up getting into a huge 7-8 red lossing streak and they keep doubling their bets thinking the next bet will bring them to break-even but instead it becomes another loss and their account is empty. Then they deposit the rest of their bitcoins into the site and end up losing all their BTC because they get cleaned out within the next bet or 2.

The casinos would make a profit even on 0% house edge but due to bots it would create too many issues.

BTCevo

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Quote from: raven7886 on February 05, 2019, 12:05:00 PM

The fact of the matter is that most of the time people do gamble knowingly full on that they will lose because there is a house edge however house edge works on long periods of times and this just shows even tough with house edge you will lose long term, there is always that short bursts of winning chance for you with one big winning changing your luck chance to your favor. Doesn't always happen every single time you gamble but this shows there is that chance.

Yes, most of the players already know about the house edge but I still doubt all of them are already understand on that or not. Because I still saw there are still people complaining about the house edge and being not provably fair as well just because they losing on particular site. And btw by mean of short burst, I do not think it will work on everyone, depends on what startegy that you are using though. Big multiplier is good if you can manage your bankroll to play though

raven7886

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Quote from: mOgliE on February 04, 2019, 05:34:31 AM

Quote from: Josepht on February 04, 2019, 04:35:00 AM

mOgliE is addressing a serious point that I have noticed in the past, but didn't want to comment on.

What? Oo

Hmm... No... I was merelly asking for a bit more details if they have some. I just happen to like the data pages you can get on gambling sites that's all. That was merely a small suggestion as all this data is already available for Primedice so putting them in a table shouldn't be lots of work and I'm sure i'm not the only one who would appreciate it.

That's all. There is nothing more, I'm not adressing any issue Oo

How dare you not address a serious point!! Cheesy

Lol. I agree with you on this one, any sane person with a brain would know this is just to showcase a good result with the other gamblers and since the results are always open to public on the website anyway this is not some sneaky tactic to make everyone gamble with the hopes of winning a lot of money.

@Josepth the fact of the matter is that most of the time people do gamble knowingly full on that they will lose because there is a house edge however house edge works on long periods of times and this just shows even tough with house edge you will lose long term, there is always that short bursts of winning chance for you with one big winning changing your luck chance to your favor. Doesn't always happen every single time you gamble but this shows there is that chance.

Symphonized

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Quote from: Josepht on February 04, 2019, 04:35:00 AM

mOgliE is addressing a serious point that I have noticed in the past, but didn't want to comment on.

These images (which I see on twitter every few days as well) makes it look like it's really common for gamblers t owin huge amounts of money. In the description, it often says stuff like 'this guys showed us how to turn X amount of money into Y amount of money, which is often not true since most gamblers need to make a huge amount of bets before they even hit that big multiplier.

You can also take these posts to participate at Primedice's Twitter giveaways on each bet.

Claimer once again wins over $30,000 from a bet of under 1 ETH!

Have you ever made a bet of 1 ETH or higher?
Let us know in a comment with your Primedice username and you might win a BTC prize!

Radiante

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About the https thing, don't feel offended about the deleted thread, I don't know the issue myself, but it is not uncommon to hide/delete "security" related threads to solve it before anybody can take advantage of the bug.

Is it working well for you all right now?

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