Post
Topic
Board Gambling
Re: PrimeDice.com V 2.0 | 170,000,000 Bets! | Free BTC | 1% Edge | Instantly Play!
by
haightst
on 02/11/2013, 16:39:45 UTC
Despite allegedly being 'random' and 'provably fair', I do find it strange that whenever I switch between high/low, the roll amount also switches (not in my favour). I assume this is intentional rather than luck. It also happens when you increase your bet. No coincidence...

Not too bothered as I've only spent a tiny bit of money on the site, plus it's fun. I just feel it's a bit unfair to call it fair when this happens so often and so obviously.

Clearly some people are managing to do well, I guess they're lucky?

Please read our provably fair section.

It is mathematically impossible for us to determine, or even know beforehand, the rolls a user makes.

I understand that but as a casino, you must have some way of making money from the site? Is it simply a case of skimming fees from deposits?

Please don't think I am accusing you of scamming anyone. I just know that to operate any kind of casino/gambling site you need to have a house edge - I can't work out how that happens with the dice sites.


We have a 1% house edge. In the long run, all bettors will lose 1% of their total wagered. That's where we profit (Like any other casino).

If you're not sure where the house edge comes from, we take a 1% fee from the 'break even' payout. Ie on the 2x payout, rather than having a 50% chance of winning, you have 49.5% chance.


now this is an outright lie!  Cry