JoeyCraps
JoeyCraps
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Joined: Jul 20, 2012
December 31st, 2013 at 8:53:16 AM permalink
where is it and when can we start
AxelWolf
AxelWolf
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Joined: Oct 10, 2012
December 31st, 2013 at 9:55:04 AM permalink
Quote: JoeyCraps

where is it and when can we start

Why do you need bitcoin to gamble online? you can simply play on Bovada
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
DRich
DRich
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Joined: Jul 6, 2012
December 31st, 2013 at 11:10:35 AM permalink
Quote: AxelWolf

Why do you need bitcoin to gamble online? you can simply play on Bovada



You would be able to play anonymously with bitcoins.
At my age, a "Life In Prison" sentence is not much of a deterrent.
cryptocoin
cryptocoin
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Joined: Jun 9, 2014
June 9th, 2014 at 2:28:50 AM permalink
Quote: JoeyCraps

where is it and when can we start



Here's a new one joe No free advertising. If you want to advertise on this site then expect to pay. Members in good standing may plug their own product or service, with prior permission. However, "good standing" must be earned. Definitely don't post an ad in your very first message! . Its something like a variation of the old game Rock, Paper, Scissor.... Just check it out. house only takes 2% edge in single player: 10% on draws which happen 1/5 times on average = 2% edge. Multiplayer is only 0.5% take from each player (0 house edge). 3% house edge on single player. 10% draw take promo just ended. Goodluck
pacomartin
pacomartin
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Joined: Jan 14, 2010
June 9th, 2014 at 4:54:41 AM permalink
Quote: JoeyCraps

where is it and when can we start



You posted this under craps. just-dice.com has a low 1% house edge in BC, but it's not craps.
odiousgambit
odiousgambit
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June 9th, 2014 at 5:57:55 AM permalink
Bitcoins avoid the US banking system?
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
GWAE
GWAE
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June 9th, 2014 at 6:18:19 AM permalink
hmmm a low volume user asks about bitcoins and then a brand new member posts a link.

hmmmm
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
pacomartin
pacomartin
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June 9th, 2014 at 6:27:35 AM permalink
Quote: blog post 12 Dec 2013

You're telling me! I first had the idea of making Just-Dice about a year before I started coding it, but put it off because I couldn't find a way that I could prove I wasn't cheating the investors. I have access to the server, you see, which lets me see the "server seed", which lets me know what number I'm going to roll next, which lets me win any bet I want to win, at the investors' expense. I don't, and won't, but they don't know that. And so why would anyone invest? And so why make the site?
Eventually I gave up on trying to find a solution, and just created the site anyway, not expecting much to happen. But it took off, and almost immediately there were thousands of bitcoins invested.



I think that post is interesting. The owner of the bitcoin gambling site is saying he could easily cheat, but he would never do that. There is no controls on him except his own honesty.

It's a very refreshing viewpoint.

If you think of all the investments where there are supposed to be all these controls, but people find a way around them, then you come upon a site where the owner says he could easily cheat if he was dishonest, and people invest anyway.
cryptocoin
cryptocoin
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Joined: Jun 9, 2014
June 9th, 2014 at 7:44:49 AM permalink
Quote: pacomartin

You posted this under craps. just-dice.com has a low 1% house edge in BC, but it's not craps.




Ooops! Sorry I thought he was looking for any bitcoin gambling site..
AxelWolf
AxelWolf
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Joined: Oct 10, 2012
June 10th, 2014 at 6:51:06 AM permalink
Quote: pacomartin

Quote: blog post 12 Dec 2013

You're telling me! I first had the idea of making Just-Dice about a year before I started coding it, but put it off because I couldn't find a way that I could prove I wasn't cheating the investors. I have access to the server, you see, which lets me see the "server seed", which lets me know what number I'm going to roll next, which lets me win any bet I want to win, at the investors' expense. I don't, and won't, but they don't know that. And so why would anyone invest? And so why make the site?
Eventually I gave up on trying to find a solution, and just created the site anyway, not expecting much to happen. But it took off, and almost immediately there were thousands of bitcoins invested.



I think that post is interesting. The owner of the bitcoin gambling site is saying he could easily cheat, but he would never do that. There is no controls on him except his own honesty.

It's a very refreshing viewpoint.

It is?
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
pacomartin
pacomartin
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Joined: Jan 14, 2010
June 10th, 2014 at 12:57:25 PM permalink
Quote: AxelWolf

Quote: pacomartin

It's a very refreshing viewpoint.

It is?


I think so. Instead of a lengthy document about controls and auditors and double blinds, he simply says if you invest your bitcoins here, you must trust my integrity.

The site has been open a year, but a month after launch a big player come and take the site's profits negative. Naturally some people though he was masquerading as a big player and draining his own bank. But people trusted him and kept investing.

So investors that stayed with the site for the whole year made 43% profit in bitcoins, and bitcoins have increased in value by 600% relative to the US dollars.
The three top investors on last report (8 June 2014) are $3.529 million, $1.744 million and $1.455 million, and total investment is $30.661 million.
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