Nope. I'm pinging sgp.valve which I just checked on storm and it's 80 on that. However they're getting 120 on Dubai.Getting around 110 atm on Valve SGP. Imgur: The most awesome images on the Internet
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If you are using the server picker for csgo, It's showing in accurate pings for SGP. Ingame it's around 100-110 for me on valve servers.