Primedice.com | Since 2013 | Longest Running Crypto Casino | 113 BTC Jackpot! - page 821.

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: Finchy on July 26, 2015, 10:31:04 AM

Quote from: arallmuus on July 26, 2015, 10:21:31 AM

It is obviously not a significant amount if you compare it to the weekly wagered status to the house which is over 15k BTC wagered weekly ( references below ) that is roughly less than 0.1 % of the weekly wagered status

References : http://dicesites.com/

-snip-
Does anyone know how much PD usually takes in on profit of that 15k ie how much people actually lose?

No one knows this except Stunna or atleast someone from the insider because they take on private investment therefore the data about their bankroll and profit isnt available. Roughly because the house edge 1 % therefore we can conclude that PrimeDice gets roughly 150 BTC from 15k BTC wagered.

P.S : this is a rough count based on the house edge, the actual profit could be well over or under the 1 % of the wagered amount

Finchy

sr. member

Activity: 315

Merit: 250

Quote from: arallmuus on July 26, 2015, 10:21:31 AM

Quote from: Finchy on July 26, 2015, 10:04:58 AM

10btc is still quite a significant amount

It is obviously not a significant amount if you compare it to the weekly wagered status to the house which is over 15k BTC wagered weekly ( references below ) that is roughly less than 0.1 % of the weekly wagered status

References : http://dicesites.com/

It might not be much in the grand scheme of things but its still a big amount to most but it can never be compared to the full site as users tend to gamble smaller amounts between themselves whereas the 15k wagered will mostly come from big whales just winning and loosing the same coins over and over. Does anyone know how much PD usually takes in on profit of that 15k ie how much people actually lose?

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: Finchy on July 26, 2015, 10:04:58 AM

10btc is still quite a significant amount

It is obviously not a significant amount if you compare it to the weekly wagered status to the house which is over 15k BTC wagered weekly ( references below ) that is roughly less than 0.1 % of the weekly wagered status

References : http://dicesites.com/

Quote from: Finchy on July 26, 2015, 10:04:58 AM

but I understand from a business perspective why primedice would remove it especially when they make nothing at all from it

Not just nothing at all Im afraid but the feature enable farmer to farm the faucet which makes PrimeDice suffer some loss. This feature only benefit faucet farmer, nothing more. Clearly there is none advantages to keep having this feature besides there is probably a fraction of people that actually play at PrimeDice just for PvP .

bfisher1968

jr. member

Activity: 41

Merit: 1

Stunna, the token changed on me. Is that normal?

Quote from: Stunna on July 25, 2015, 07:34:33 PM

Quote from: bfisher1968 on July 25, 2015, 06:18:03 PM

I got a question about running a bot on pd. I have 2 VPS's and I ran a PD bot on each, but I appears both are banned. The time between bets was 1 bet per 0.6 sec. Just trying to determine why I have been banned and conform to what doesn't get you banned? Anybody have insite as to why?

You wouldn't be banned for something like that. If you failed to login to your account after a certain number of attempts it will be temporarily locked, try again in an hour.

Finchy

sr. member

Activity: 315

Merit: 250

Quote from: MICRO on July 26, 2015, 08:39:53 AM

Quote from: 98problems on July 26, 2015, 06:34:22 AM

Quote from: FanEagle on July 26, 2015, 03:22:12 AM

They could raise the PvP to 100K minimum.

they dont rise it because they are too afraid that people will start using it instead of gambling against the website as people would choose to play without a house edge

It was barely used. Its chat was graveyard for spam. And that is why it was removed. There was just like 10btc wagered per week on it .

10btc is still quite a significant amount, but I understand from a business perspective why primedice would remove it especially when they make nothing at all from it (except maybe the additional players the feature brought in but likely not enough to justify keeping it). The trouble is any way scammers can make money they will exploit it and sadly they always ruin it for everyone else.

MICRO

legendary

Activity: 2464

Merit: 1037

CEO @ Stake.com and Primedice.com

Quote from: 98problems on July 26, 2015, 06:34:22 AM

Quote from: FanEagle on July 26, 2015, 03:22:12 AM

They could raise the PvP to 100K minimum.

they dont rise it because they are too afraid that people will start using it instead of gambling against the website as people would choose to play without a house edge

It was barely used. Its chat was graveyard for spam. And that is why it was removed. There was just like 10btc wagered per week on it .

98problems

sr. member

Activity: 364

Merit: 250

Quote from: FanEagle on July 26, 2015, 03:22:12 AM

They could raise the PvP to 100K minimum.

they dont rise it because they are too afraid that people will start using it instead of gambling against the website as people would choose to play without a house edge

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: FanEagle on July 26, 2015, 03:22:12 AM

They could raise the PvP to 100K minimum.

This wont stop any of the abuser because during Happy Hour where you can claim faucet up to 20k satoshis then all they need to do is to bet a wager a few time until it reach 1mBTC and PvP the funds, collect them into 1 account and withdraw it at once to safe some fees. PrimeDice isnt getting anything either from this so taking down the PvP is the best option imo.

Quote from: pooya87 on July 26, 2015, 03:25:54 AM

this is a good idea but i think it was disabled because it didn't bring any profit for PrimeDice itself.

PvP is never meant to bring any profit from the start since there is no fees applied

Quote from: pooya87 on July 26, 2015, 03:25:54 AM

if i am not mistaken the house edge for PVP was at 0 which made it unprofitable for the house.

Some wrong wordings, there is never "house edge" for PvP game. Fee / rake is much likely the word for PvP game

siwakotisaurav

sr. member

Activity: 577

Merit: 283

Quote from: haoyi on July 26, 2015, 03:28:22 AM

i have opened a support regarding 2fa code. but no response from them for so long. .. my username: haoyi

i lost the code in my google authe due to reformatted my phone. please help to this

How long as it been though, PD's support has a habit of being late.

siwakotisaurav

sr. member

Activity: 577

Merit: 283

Quote from: pooya87 on July 26, 2015, 03:25:54 AM

Quote from: FanEagle on July 26, 2015, 03:22:12 AM

They could raise the PvP to 100K minimum.

this is a good idea but i think it was disabled because it didn't bring any profit for PrimeDice itself.
if i am not mistaken the house edge for PVP was at 0 which made it unprofitable for the house.

BTW PvP is not intended to be profitable for the house, as they themselves set it to 0% at the start(I guess they did). I guess they did it because it was not actually used for the reason PD intended , i.e bring more players and let players challenge each others and see whose luck is better(at least I use PvP for that reason), instead people used it to farm the faucet from PD's happy hours.

haoyi

newbie

Activity: 6

Merit: 0

i have opened a support regarding 2fa code. but no response from them for so long. .. my username: haoyi

i lost the code in my google authe due to reformatted my phone. please help to this

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: FanEagle on July 26, 2015, 03:22:12 AM

They could raise the PvP to 100K minimum.

this is a good idea but i think it was disabled because it didn't bring any profit for PrimeDice itself.
if i am not mistaken the house edge for PVP was at 0 which made it unprofitable for the house.

i might be wrong though Cheesy

FanEagle

legendary

Activity: 3066

Merit: 1129

They could raise the PvP to 100K minimum.

ndnh

legendary

Activity: 1302

Merit: 1005

New Decentralized Nuclear Hobbit

Quote from: nahtnam on July 24, 2015, 04:17:29 PM

Hey guys!

I just completely rewrote PD3, and its now live.

http://pd3.co/

Its a bit buggy, but it works.

Let me know if you want to see any more features!

Thanks.

Great

The highrollers stats wasn't there when I checked yesterday (or the day before), lol.

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: FanEagle on July 26, 2015, 01:01:12 AM

Now that you make think about it,why PvP is gone? Nobody used it anymore?

In fact it was very popular and lot of people used it for malicious intention especially during the Happy Hour. I would not go into any details on how to do this because I think you probably know already how to use PvP for "malicious intention" (?) and with Happy Hour ongoing, things are pretty much easier ( also it is not appropriate to discuss about it ) therefore Stunna took it down

FanEagle

legendary

Activity: 3066

Merit: 1129

Now that you make think about it,why PvP is gone? Nobody used it anymore?

Stunna

legendary

Activity: 3192

Merit: 1279

Primedice.com, Stake.com

Quote from: bfisher1968 on July 25, 2015, 06:18:03 PM

I got a question about running a bot on pd. I have 2 VPS's and I ran a PD bot on each, but I appears both are banned. The time between bets was 1 bet per 0.6 sec. Just trying to determine why I have been banned and conform to what doesn't get you banned? Anybody have insite as to why?

You wouldn't be banned for something like that. If you failed to login to your account after a certain number of attempts it will be temporarily locked, try again in an hour.

bfisher1968

jr. member

Activity: 41

Merit: 1

I got a question about running a bot on pd. I have 2 VPS's and I ran a PD bot on each, but I appears both are banned. The time between bets was 1 bet per 0.6 sec. Just trying to determine why I have been banned and conform to what doesn't get you banned? Anybody have insite as to why?

nahtnam

legendary

Activity: 1092

Merit: 1000

nahtnam.com

Quote from: Pony789 on July 24, 2015, 08:23:47 PM

http://pd3.co/ now comes back to live.
I like that you use a different color in "Profit" to indicate if a person is in the profit zone or not, but it seems the "Luck" number is always in green color, no matter if it is above 100% or not.

Sorry about that. I set the luck to red if its less than 50%. Just changed it to 100%. Changes should be live in 15 minutes.

Thanks for the bug report.

Pony789

hero member

Activity: 882

Merit: 1000

http://pd3.co/ now comes back to live.
I like that you use a different color in "Profit" to indicate if a person is in the profit zone or not, but it seems the "Luck" number is always in green color, no matter if it is above 100% or not.

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