Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++
by
BetMoose
on 27/06/2014, 01:11:56 UTC
Hey Doog, are you Canadian? Was JD based or hosted in Canada?

Quote from: Patrick Howell O'Neill on December 17, 2013
http://www.dailydot.com/business/bitcoin-gambling-just-dice-video-casino/
Inside the bustling, dicey world of Bitcoin gambling

The site was founded in June by Chris "dooglus" Moore of British Columbia, Canada, and specializes in a simple dice-rolling game in which the house maintains a slim 1-percent edge.


To gamble with bitcoins is to double down: It’s a wager on top of a risk.

The currency itself, which was created in late 2008 by pseudonymous programmer Satoshi Nakamoto.  In fact, the timing couldn’t have been better. Two years earlier, Congress passed the Unlawful Internet Gambling Enforcement Act, which prohibited casinos from accepting payments for bets made online. The move pushed online gambling into the corners of the Deep Web, where users are protected by the Tor browser. And it created a high demand for online gambling sites based in Europe and Canada, where the practice is legal.



Thanks - so why doesn't he just sell it to someone if he's not planning to run it anymore?