Re: Primedice.com | Most Popular & Trusted Bitcoin Game | Huge Community | Free BTC
If they accept a 0/unconfirmed tx for bets then the loosing bet would get double spent and the winning bet would get confirmed. This means gamblers would not actually be risking anything (if they know what they are doing) when they bet prior to the deposit being confirmed.
They might want to require more then one confirmation for large withdrawals however they should not accept no confirmations to bet.
They might want to require more then one confirmation for large withdrawals however they should not accept no confirmations to bet.
Ahh, now it makes sense. So one confirm on deposit should always be there. Wouldn't the site somehow realize it's a double spend before the first transaction of a withdraw?
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Wouldn't they realize that the previous deposit he made and lost with, was a double-spend hence freezing his account from withdraws until it has been checked?
This would not matter. If someone makes a bet, looses then double spends the TX they could just abandon the account and use a new proxy/VPN to disguise their next account they make the same attempt with. Quote
Or does that just bring too much hassle when people could just wait for their one deposit confirmation.
It is not uncommon for large withdrawals to be manually processed. I understand the threshold for a "large withdrawal" is somewhere above 50BTC, although this may not be accurate. Quote
Then again some people would say it would be in the dice site's self interest to allow instant deposits (so players don't have too much time to think if they should or should not continue playing) but that's a different discussion. 
It would not be in the dice site's best interest to allow for an instant deposit because gamblers would be able to make a risk free bet if it does allow instant deposit.