PrimeDice.com

okay, prime dice is owned by a guy (that i have on skype and am a regular on his teamspeak) named stunna from bitcointalk.org

ive won 8BTC off of this site withdrawal and deposits are instant. he pays for adverting to get more player flow to his website. obviously.

if youve been scammed by him please let us know. but if your just speculating without proof gtfo

https://bitcointalk.org/index.php?action=profile;u=81292

TL;DR
dont talk shit

 

I still want to see proof that their stats are falsified.

 

The amount of bets they get don't make sense compared to the amount they claim their have gotten in the past

 

Yeah but theres more to it than that for awhile they were uncontested by other dicing sites Primedice used to be one of a kind but now theres Just-Dice, Coinroll and other good sites. Before it was just satoshidice which compared to today's standards is awful. Also if Bitcoin started out at $100, people bet $10,000 then thats now almost $50,000.

 

Read below. Either way, I'd love to see the opposite myself.

The only person who actually understands the point of my original post, lol. Also, don't forget you didn't take into consideration the fact, that play money bets are also calculated into the total amount of bets, which makes this even further unrealistic.

Who in the fuck are you, seriously? I am free to speculate what the fuck ever I please.

How am I talking shit?

Those numbers, however I look at it clearly don't add up.

I'd LOVE to see an audit of the bets made, let alone tax audits and all other shit that should be done, which I'm certain isn't anyway.

You can in all honesty go fuck yourself; I posted a completely normal thread with an opinion up for debate - Don't come here and act like a big shot, because you aren't.

Not to mention the site certainly isn't licensed - which you get around, I'm sure - But I wonder whether that $1,570,000 in profits have been taxed after. I really do.

EDIT: PS: If I had a website that had generated over $1,5M in profits and has such a huge customer base that there have been 600M+ wagers made, I wouldn't be looking on a sythe calibre website for advertisement, once again.

Your attitude and all these factors I have tried to sum up just don't add up.

 

Primedice is owned by Apple (aka Stunna). The site was initially advertised fraudulently with advertising and claims made by insiders. You can verify this by matching usernames on bitcointalk with usernames on sythe. I don't know about how reputable the current statistical claims are (don't have time to look into it, nor do i care), but I will say that primedice is an excellent site with a sleek design. Apple has done an outstanding job with it. Considering an enormous portion of the stuff over at Bitcointalk tends to be fraudulent or related to fraud, it is excusable that fraudulent advertising was used to jumpstart Primedice. Without such advertising, it would have been difficult to compete in a quickly saturating market.

Edit: I may still have screenshots on my computer of insiders and friends of them admitting the fraudulent activity. But really, I do not care. I still admire the site and how popular it has become.

 

I remember reading on a thread that at the start someone profited like $20,000. Was that staged?

 

Are we factoring in Bitcoins volatile price? I mean they started when Bitcoin was just a few dollars and then it went up to 1200$ and now back to 450$.

It doesn't matter anyway, the site is probably fair. If the point of the thread is to expose fraudulent behaviors and tax evasion then welcome to reality and call the cops. This sounds more like a personal problem the an audit or speculation. I suggest taking the speculation to the thread itself. It can be either exposed or explained there better than anything here.

 

I speak with Apple/Stunna often, and I was contemplating investing in them before they actually launced 1+ year ago-- I didn't unfortunatley. From my experience I'm pretty sure someone could deposit 1BTC and as they only have a 1% house advantage, rack up a total of 40BTC+ in bets before they get cleaned.

Not going to quote anyone but perhaps you've viewed the site over a short period of time, whatever sample base has been collected would be very small. All these bitcoin sites get the majority of their volume off individual whales, I've seen constant 30BTC bets on there-- rest are usually betting small.

Primedice is one of the most popular bitcoin gambling sites but does not even have a fraction of volume of some of the other bitcoin sites.

From yesterday*.

 

How to make ~$23k in less than a minute

 

Hmm, interesting.

I feel hesitant to believe someone rolls a 50% dice on an unlicensed website with a $9,000 wager.

I mean; This must have been staged or the person who rolled these is a fucking retard. In all honesty.

Or am I missing out something here?

Unless that is you, read above



I currently have a bit more than 7K on a LICENSED, famous gambling site - and I still feel hesitant having so much money there.

I can't believe someone would wager over $50K on an unlicensed one with a fucking dice, in a matter of 3 minutes. Am I the only one here?

After Black Friday of the online poker world, I doubt anyone would be willing to take such risks on an unlicensed site. [And keep in mind black friday shook the two largest online companies in the industry - PokerStars and FullTilt - One of them never recovered and PS bought it].

 

Primedice is well known and trusted by many. It is advertised all over bitcointalk. It is not unreasonable that people bet large there. Regardless of whether their statistical claims are truthful, Primedice is legit and will pay out. Look at how much effort has been put into the site, you can get an idea by reading Stunna's posts on bitcointalk.

Also, they certainly have the funds to pay out.

 

I see, however a question:

This site is illegal - As they host real money [currency XBT] wagers without licensing, without taxation, without any legal documentation.

Now, for instance, in the United States it is currently against law to gamble online. Since this site is anonymous and doesn't even perform KYC checks, therefore you can rest assured US players play.

Keeping that in mind; Even though it will most likely not happen for a very good while, let me give you a scenario:

FBI hits these sites, just like they did with PokerStars, FullTilt a few years back. They seize all the money involved.

People who had $50-100K supposedly on the site say byebye to it? People are willing to take that risk? Or are they just stupid as fuck? I'm certain they do care about this amount of money, etc.

Based on the pictures of BBB and Divica, I can assume some people have this money with the site, no?

So then the above question remains in my head.



Is the owner even aware about how hard he can get fucked in the ass for this, should he be unfortunate enough?

 

I have talked with Apple in the past about this before, and the case was lack of regulation with Bitcoin and other technicalities make it safe to operate for now. This was quite some time ago, but I assume the situation is still the same. I think he is mature enough not to take a stupid risk, but who knows.

 

I believe he only pays tax once he has sold the btc profit to buyers.

*EDIT - Also if you have ever sent/received btc you would know most people wouldnt leave their btc on the site overnight, you can transfer to an offline wallet instantly only costs around $0.06 per transaction and especially if someone profitted I doubt they would keep their winnings on the site instead of transferring to an online/offline wallet.

 

Tbh, I am not siding with anyone here but I do work in a Casino... I do realize that what you are saying kfjjj seems unlikely for someone to bet and hold that much revenue in such a company, but what if this guy is a multimillionaire just having some online gambling fun? who are we to argue with who this guy is or what his past is or how much he is willing to lose. I use to think the same way before I go a job working for a casino where I now watch the same people come in daily and lose up to or more then a million dollars in 1 hour... It's insane.

 

Whoever keeps saying the site is illegal doesn't know the gospel of Bitcoin.

 

The draw of gambling causes people to do things spontaneously. Just think of the $10,000+ bets that people have placed in RSGP. Not only do you have to trust the user with that money, you also face much steeper odds, yet people do it anyway.

 

RSGP is a virtual currency [even though it has a monetary value] - I think that is a lot different from an actual currency that can be converted to USD, EUR, etc. I may be wrong though. I saw the ups and downs of the RS gambling as well, it's immense. I know.

I won't lie, I wouldn't know, as I don't use BTC. However, seeing BTC is considered a currently, I look at this whole thing as it were USD. And if you look at it from that prospect, these statistics, claims and numbers are extremely steep. Care to elaborate how it's not illegal though? I honestly don't understand [read what I wrote above, as to why I believe it is illegal].

You know, I'm 20 now - I've been gambling online since 13 and live since I turned 17. I have seen nearly everything up to this point and it's just beyond me why someone [in your scenario] who is a millionaire or just simply rich would want to use such a simple site, when there are gambling sites which strive to make your gambling experience a lot more addictive, which are also certified, licensed and offer a greater variety of ways you can lose your money I've seen magical things happen in the casino myself, I know how it is If all those numbers on PrimeDice are true, it's just beyond me, really.

I wouldn't really know, as I have never dealt with BTC, nor am I planning to, to be honest with ya.



PS: Don't get me wrong guys, I'm not trying to thrash this website or anything - I haven't had any experience with them; I'm just curious as to what other people think and whether I'm the only one who is so skeptical about these things.

 

Bitcoin is all about being anonymous and decentralization, the fact that there has to be any regulations on tangible casinos is what Bitcoin is against. I don't want to make you think it's for an anarchist, because it's not. It's how you use it.

I'm not saying the site isn't illegal, but the minds that run the operation are probably aware of that and have taken proper procedure to protect themselves. I don't know all the facts though.

Oh and I think you had a typo, was you saying Bitcoin is a currency and not "currently"? If you meant currency then in the eyes of the US government you are wrong. It's a commodity and it can be taxed like anything else. There was a ruling on it not too long ago.