Post
Topic
Board Gambling
Re: Primedice.com | Creators of Dicing 🎲 | 20 Billion Bets | 112+ BTC Jackpot!
by
adaseb
on 11/04/2018, 21:58:16 UTC
Also it says you have 0 confirmation deposits, however how will you deal with double spenders?

Basically a lot of casinos had issues with this where a gambler would quickly send a deposit, bet and if they lost they would attempt and double spend their deposit. So practically gambling risk free. Hope you guys have some protection against these types of actions.
This is not that big of an issue, in order to avoid these sort of bad praise the only thing they have to do is to delay the withdrawal without enough confirmation for the deposits they made and thereby avoid double spending issues, glad to see the new version and since you said it is easy to scale now to multiple currencies, have you planned what all currencies will be added in the first stage.

You probably don't know exactly the case adaseb is pointing, what you have said makes no sense. I will give you an example, I deposited 1btc, played it (not confirmed yet) and then lost it, now I have an option to double spend the inputs I used I will use it again in another transaction and with higher fees so basically I will not lose anything to PD but If I won I will wait until my transaction got atleast 1 confirmation and then free money for me.

But of course they will know it if any player is doing the double spend or not, they do not have this thing for quite some time because they already make their deposit instantly like many of other site do. So it just impossible for people to doublr spent their input. Anyway if you lose, you will just stay the same, there is no way you can get it back with double spent

They will only know if people double spend after they  lose their bet. It's easy to tell when a transaction is double spent. Problem is the receiver unless they are a large pool cannot do anything about it. If the roll is a winner then they won't double spend at all.

Stunna says that they use a threshold monitor and hopefully they will detect possible double spend transactions and make those confirm before crediting the account.

This is actually one of the reasons why many people were praising Bitcoin Cash because they removed the ReplaceByFee option which made double spends possible.

Yes this all seems like it's still risky but I guess the reason why they allow it is most likely to take advantage of people's greed and fear.

Someone goes bust after losing a 20 streak martingale game, they panic and want to go to break even. They deposit and instant confirmations allow the bad judgement to continue and causing even more losses for themselves.

If they have to wait until it confirms which can be anywhere between 10-30 mins, they might come to their senses and quit gambling for the day.