Post
Topic
Board Gambling
Re: Primedice.com | Creators of Dicing 🎲 | 22 Billion Bets | 112+ BTC Jackpot!
by
JanpriX
on 07/08/2018, 20:33:07 UTC
Do you guys notice how besides the #2 player (godog) most of the players who wager the most BTC, don't make the most profit. Pretty crazy eh?

I would be nice to see a "Top Losers of the Week" and just wondering how those players are doing.

I remember a few years back, people would make like 50-100 BTC per day on Primedice, but I guess alot has changed.

What is crazy about that? I am pretty sure it is a possible thing to do, well I am not sure how he do it but I ever did exactly the same thing with him but because my balance is not thst big I do not have the chance to get huge profit but my wagered amount sure increasing fast. Btw there is no way they will put top losser of the week, because people will actually count on how much profit that they actually get or may be even can point something out from there that will harm owner as well

Dice site normally has 1 % house edge. That means you are losing 1 % of every amount you wagered. Given the current top 1 that wagered over 90 bitcoin, that mean he should be losing around 0.9 bitcoin. Thats why most of the top wagered are not on the top profit list, it is in the nature of gambling that gambler should be the one losing. The one winning alot is what we called as variance



Here is the previous week, unlike that one the high wagered players did tend to pull off larger profits. While it is true that variance decreases after more sessions of betting the tiny house edge here hardly seemed to have an effect on these players of this week above.

Also, right now these leaderboards aren't accounting for Ethereum/litecoin, we'll be patching that up soon Smiley
That 32BTC profit though. Well, considering the amount that he wagered, it is not surprising to see that profit. It would be pretty interesting to see the names of those who lost a lot in PD. That is not to smite them but for us to see the how much people are losing in dice. Though I'm not hoping for it to be published because it will not do any good for the website.  Roll Eyes