Re: Primedice.com | Creators of Dicing 🎲 | 29 Billion Bets | 112+ BTC Jackpot!
This is nice touch from Primedice paying members for posting in their forum, however I do hope that therere strict rules in place otherwise people will just spam there to earn free Satoshis.
Where does PrimeDice draw the line on advertising the theoretically possible, but close to impossible, 112 BTC Jackpot?
1) Would PriceDice feel its ethical for a site to advertise a 11,200 btc jackpot, with similar rules:
Roll 77.77 twice in a row to win! The percentage of the jackpot won depends on how much you bet.
Over 1 BTC: 100%
Over 0.1 BTC 10%
Over 0.01 BTC 1%
Over 0.001 BTC 0.1%
Over 0.0001 BTC 0.01%
Yes its theoretically possible to win, but requires betting 1 BTC one hundred million times to have a good chance of winning it, and in the process you will lose around 1 million BTC to the house edge.
2)This is very borderline false advertising, using such a high amount jackpot in a title of your post without details
Example of a similar unethical title for comparison: Free 112 BTC deposit bonus
Fine Print Rules: Earn up to a matching 112 btc bonus, must wager 10000 times deposit to earn the bonus
3) Basically you are unethical luring players via a jackpot that will no one will ever win.
1) Would PriceDice feel its ethical for a site to advertise a 11,200 btc jackpot, with similar rules:
Roll 77.77 twice in a row to win! The percentage of the jackpot won depends on how much you bet.
Over 1 BTC: 100%
Over 0.1 BTC 10%
Over 0.01 BTC 1%
Over 0.001 BTC 0.1%
Over 0.0001 BTC 0.01%
Yes its theoretically possible to win, but requires betting 1 BTC one hundred million times to have a good chance of winning it, and in the process you will lose around 1 million BTC to the house edge.
2)This is very borderline false advertising, using such a high amount jackpot in a title of your post without details
Example of a similar unethical title for comparison: Free 112 BTC deposit bonus
Fine Print Rules: Earn up to a matching 112 btc bonus, must wager 10000 times deposit to earn the bonus
3) Basically you are unethical luring players via a jackpot that will no one will ever win.
When I read your post I feel youre contradicting yourself at one point you agree that one can win it (even if its theoretically possible), then ahead you say its false advertising which indicates that their claim is false. In my view theyre not doing anything wrong or unethical, as theyre in Gambling industry where such catchy headlines is the norm. A gambler should always read the fine print and decide for himself whether the promotion is suitable for himself or not.