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Title: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 09, 2015, 08:39:27 PM https://www.moneypot.com/apps/69-jackpotracer Prize ★ a minimum wager of 2000 Satoshi is a must to be eligible for the Prize ★ each user who wants to participate needs to post his moneypot username here ★ If you don't have a Moneypot account please go to www.moneypot.com and register. You only need username and password. ★ auto bot play will be allowed for all the new users who are not familiar with our game please take a look at our short movie clips Game Tutorial https://jackpotracer.com/media/JackpotRacerGame.mp4 (https://jackpotracer.com/media/JackpotRacerGame.mp4) Jackpot Tutorial https://jackpotracer.com/media/JackpotRacerJackpot.mp4 (https://jackpotracer.com/media/JackpotRacerJackpot.mp4) Bot Tutorial https://jackpotracer.com/media/JackpotRacerAutoBot.mp4 (https://jackpotracer.com/media/JackpotRacerAutoBot.mp4) P.S. We reserve the right to close this promotion at any time Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: katerniko1 on August 09, 2015, 08:43:20 PM mate i dont know is it mistake or is it 0.01 but
u wrote : Quote Prize 0.01 BTC for the 1st who hits the Jackpot so is it 0.1 or 0.01 ?regards. -Katerniko1 Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: ANdr0id on August 09, 2015, 08:43:36 PM A promotion for 0.1btc seems to be alot. I will try my luck at this.
Membership is free and only need to make initial deposit. I am in thanks for this offer. Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 09, 2015, 08:44:56 PM mate i dont know is it mistake or is it 0.01 but u wrote : Quote Prize 0.01 BTC for the 1st who hits the Jackpot so is it 0.1 or 0.01 ?regards. -Katerniko1 thanks mate for the hint Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: Bitinity on August 09, 2015, 08:55:17 PM Could you please reduce the minimum wager? As I know you had done this before even without minimum wager. And the winner was krunox.
Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 09, 2015, 09:20:09 PM Could you please reduce the minimum wager? As I know you had done this before even without minimum wager. And the winner was krunox. sorry but this was not the same promo and krunox wagered always 2 satoshi. it was a bot promo for bot players only. please take a good look at the promo text. we started with 50k Sat upped it to 100k Sat and to 200k Sat then to 500k Sat because there were no takers and then our tired totolino made a mistake and upped it instead to 0.01 to 0.1 and we always want to be fair to our users didnt change it and krunox was the lucky winner. now please do the maths and you will see that the minimum wager we are asking is 2000 Satoshi is a generous wager to win a Prize of 0.1 and the jackpot that would be in case of a 2k Satoshi bet 0.0559872 and as we have also higher wagers then 2k Sat those players would be eligible for the prize if the post their username in thread imagine a user will go for the 0.02 promo and would be automatically also in the Jackpot promo (but needs to post his username in thread) for the same 2k Sat bet but thanks for the posting because feedback is always welcome Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: skierchewing on August 09, 2015, 11:05:25 PM i'll join ^^
Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: nickaizoku on August 10, 2015, 05:25:22 AM i join this,.
username : Cybernick Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: horace0812 on August 10, 2015, 06:44:51 AM my username: horace0812
Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 10, 2015, 09:30:08 AM thanks guys for joining another one of our generous promos we dont know how long we will have those generous promos so just do the maths and take advantage of them. Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 10, 2015, 11:35:48 AM Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: ianbelada2 on August 10, 2015, 11:37:33 AM how to hit the jackpot?
Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 10, 2015, 12:03:31 PM how to hit the jackpot? please visit our site and we will be glad to explain it to you. thank you for the question Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 10, 2015, 12:47:58 PM guys we were asked by user bitcoingg to post his username so he will be in the contest and eligible for the Jackpot Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: siwakotisaurav on August 10, 2015, 12:51:29 PM My username:siwakotisaurav
Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: panjul07 on August 10, 2015, 12:53:42 PM guys we were asked by user bitcoingg to post his username so he will be in the contest and eligible for the Jackpot Let me try my luck for this jackpot hunter username : panjul07 Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 10, 2015, 01:00:40 PM guys we were asked by user bitcoingg to post his username so he will be in the contest and eligible for the Jackpot Let me try my luck for this jackpot hunter username : panjul07 just for info to explain why we posted the username for bitcoingg bitcoingg asked us to post his username because he has right now no multi screen option and was wagering on 5 racers about 16k sat on each panjul thank you for participating Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 10, 2015, 02:08:31 PM my username: horace0812 thanks for participating good luck Title: Re: ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 10, 2015, 02:55:21 PM i join this,. username : Cybernick thanks for joining and welcome to the action Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: jambola2 on August 10, 2015, 03:11:16 PM This promotion makes the site temporarily EV+ !
Assuming you bet 0.00002 BTC (2000 satoshis) every bet: Expected value from winning the normal game: 0.00002 * 5.88/6 = 0.0000196 Expected value from winning the jackpot: 0.00002 * 2799.36/279936 = 0.0000002 Expected value from jackpot bonus: 0.1/279936 = 0.000000357 Total EV = 0.000020157 Works out to be 100.785% EV. Not much, but better than EV- (EDIT: This assumes you bet only one one racer. Betting on two or more simultaneously makes it EV- again) Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 10, 2015, 03:45:17 PM This promotion makes the site temporarily EV+ ! Assuming you bet 0.00002 BTC (2000 satoshis) every bet: Expected value from winning the normal game: 0.00002 * 5.88/6 = 0.0000196 Expected value from winning the jackpot: 0.00002 * 2799.36/279936 = 0.0000002 Expected value from jackpot bonus: 0.1/279936 = 0.000000357 Total EV = 0.000020157 Works out to be 100.785% EV. Not much, but better than EV- (EDIT: This assumes you bet only one one racer. Betting on two or more simultaneously makes it EV- again) thank you very much for taking the time to make all the maths to tell our players if it is +EV or -EV very much appreciated. but I would like to ask you to present those numbers in ELI5 because we have many users who will not understand your maths this way that you presented it. for example you wrote >>>Expected value from winning the jackpot: 0.00002 * 2799.36/279936 = 0.0000002<<< could you please do this explanation in ELI5 so we all can understand this formula and what the result of 0.0000002 means. I know that it means 20 satoshi but what is it for?? I am confused here and where do you get the number 2799.36 from? thanks again Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: PvP on August 10, 2015, 04:12:09 PM if the Jackpot is not yet hit I am in ::)
Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 10, 2015, 06:31:54 PM if the Jackpot is not yet hit I am in ::) hey not yet hit :( Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: jambola2 on August 10, 2015, 10:53:16 PM thank you very much for taking the time to make all the maths to tell our players if it is +EV or -EV very much appreciated. but I would like to ask you to present those numbers in ELI5 because we have many users who will not understand your maths this way that you presented it. for example you wrote >>>Expected value from winning the jackpot: 0.00002 * 2799.36/279936 = 0.0000002<<< could you please do this explanation in ELI5 so we all can understand this formula and what the result of 0.0000002 means. I know that it means 20 satoshi but what is it for?? I am confused here and where do you get the number 2799.36 from? thanks again Alright, let me rephrase it How do we find expected value? (Value of outcome/Total number of outcomes) This can also be written as (Multiplier * Amount bet/Total number of outcomes) Since the only outcome which returns any Bitcoin is winning with your racer, we only consider that. 5.88 multiplier (from site) * 2000 satoshis/6 total racers that can win Hence: Expected value from winning the normal game: 0.00002 * 5.88/6 = 0.0000196 How do we find the expected value of the jackpot? (Multiplier of jackpot * Bet amount/Total number of outcomes) Now, we know that the jackpot odds are 1/279936 Hence: Multiplier * Bet amount/279936 I used some test funds provided by you to check the jackpot amount. Tried it for 4-5 different bet sizes, and found it to be 2799.36x That becomes (2799.36x * 2000 satoshis/279936) Expected value from winning the jackpot: 0.00002 * 2799.36/279936 = 0.0000002 Finally, for the expected value of the jackpot bonus, you can quite easily multiply the bonus prize amount (0.1) with the odds (1/279936) Expected value from jackpot bonus: 0.1/279936 = 0.000000357 Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 11, 2015, 06:45:23 AM Alright, let me rephrase it How do we find expected value? (Value of outcome/Total number of outcomes) This can also be written as (Multiplier * Amount bet/Total number of outcomes) Since the only outcome which returns any Bitcoin is winning with your racer, we only consider that. 5.88 multiplier (from site) * 2000 satoshis/6 total racers that can win Hence: Expected value from winning the normal game: 0.00002 * 5.88/6 = 0.0000196 How do we find the expected value of the jackpot? (Multiplier of jackpot * Bet amount/Total number of outcomes) Now, we know that the jackpot odds are 1/279936 Hence: Multiplier * Bet amount/279936 I used some test funds provided by you to check the jackpot amount. Tried it for 4-5 different bet sizes, and found it to be 2799.36x That becomes (2799.36x * 2000 satoshis/279936) Expected value from winning the jackpot: 0.00002 * 2799.36/279936 = 0.0000002 Finally, for the expected value of the jackpot bonus, you can quite easily multiply the bonus prize amount (0.1) with the odds (1/279936) Expected value from jackpot bonus: 0.1/279936 = 0.000000357 Thank you very much again for taking the time to try ELI5 very much appreciated. you are saying >>>I used some test funds provided by you to check the jackpot amount. Tried it for 4-5 different bet sizes, and found it to be 2799.36x<<< it will be very important to visit our site again and check the jackpot adjusting to the wagered amount. it just cant be that you wagered different amounts and always had the same jackpot amount. because the maths regarding jackpot can't be correct if the jackpot adjusts to wager amount. if I understood you right the jackpot was always 2799.36 no matter what amount you wagered? btw would you please tell us what the number 2799.36 is? I mean is it 0.00279936? or why the dot36? with dot36 I would say it is 2799.36 satoshi but it would be nice if you could explain those numbers. Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 11, 2015, 10:49:22 AM hey Jambola2
I understood you are checking for promos and their EV + or - for player. nice hobby :) we have a promo (right now locked because of the Jackpot promo) called " no chance to lose promo" but we had not many takers and I was wondering why? it would be nice if would look it over just to sure we didn't do any mistake and the promo is -EV for players though I am sure that it is one of the best promos ever. the link is https://bitcointalk.org/index.php?topic=1122527.msg11880147#msg11880147 (https://bitcointalk.org/index.php?topic=1122527.msg11880147#msg11880147) thanks Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: jambola2 on August 11, 2015, 10:56:49 PM hey Jambola2 I understood you are checking for promos and their EV + or - for player. nice hobby :) we have a promo (right now locked because of the Jackpot promo) called " no chance to lose promo" but we had not many takers and I was wondering why? it would be nice if would look it over just to sure we didn't do any mistake and the promo is -EV for players though I am sure that it is one of the best promos ever. the link is https://bitcointalk.org/index.php?topic=1122527.msg11880147#msg11880147 (https://bitcointalk.org/index.php?topic=1122527.msg11880147#msg11880147) thanks The thread is locked. If this was done earlier, it is likely that the players don't check the thread because it was locked. And if it is done now, well I guess the promo is over? Quote Thank you very much again for taking the time to try ELI5 very much appreciated. you are saying >>>I used some test funds provided by you to check the jackpot amount. Tried it for 4-5 different bet sizes, and found it to be 2799.36x<<< it will be very important to visit our site again and check the jackpot adjusting to the wagered amount. it just cant be that you wagered different amounts and always had the same jackpot amount. because the maths regarding jackpot can't be correct if the jackpot adjusts to wager amount. if I understood you right the jackpot was always 2799.36 no matter what amount you wagered? btw would you please tell us what the number 2799.36 is? I mean is it 0.00279936? or why the dot36? with dot36 I would say it is 2799.36 satoshi but it would be nice if you could explain those numbers. Sorry, didn't explain optimally. By x I mean times. 2799.36x means 2799.36 * Bet amount Quote That becomes (2799.36x * 2000 satoshis/279936) I made a mistake there, the x doesn't mean anything. So, if you win the jackpot, you get 2799.36 times whatever you had bet. Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 12, 2015, 05:23:32 AM hey Jambola2 I understood you are checking for promos and their EV + or - for player. nice hobby :) we have a promo (right now locked because of the Jackpot promo) called " no chance to lose promo" but we had not many takers and I was wondering why? it would be nice if would look it over just to sure we didn't do any mistake and the promo is -EV for players though I am sure that it is one of the best promos ever. the link is https://bitcointalk.org/index.php?topic=1122527.msg11880147#msg11880147 (https://bitcointalk.org/index.php?topic=1122527.msg11880147#msg11880147) thanks The thread is locked. If this was done earlier, it is likely that the players don't check the thread because it was locked. And if it is done now, well I guess the promo is over? sorry again but I asked you for your opinion regarding the promo offer if it is + or - EV for the player? I wrote there why it is closed right now and it will be opened again. it was long enough open that I know that not many user took this promo. Quote Sorry, didn't explain optimally. By x I mean times. 2799.36x means 2799.36 * Bet amount That becomes (2799.36x * 2000 satoshis/279936) I made a mistake there, the x doesn't mean anything. So, if you win the jackpot, you get 2799.36 times whatever you had bet. so can we agree that the JP amount is adjusting with your wager amount and to give an easy example that if a user bets 1 Satoshi that the Jackpot amount is 2799 Satoshi and if a user bets 40k Satoshi the the Jackpot amount is 1.119744 thank you very much for the help Title: Re: [Jackpotracer.com] ★★ 0.1 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 12, 2015, 01:21:15 PM join in and try your luck to hit the Jackpot Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 12, 2015, 06:29:38 PM we upped the Prize to come in and join the hunt https://bitcointalk.org/index.php?topic=1148637.msg12098045#msg12098045 (https://bitcointalk.org/index.php?topic=1148637.msg12098045#msg12098045) Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: nickaizoku on August 13, 2015, 02:12:14 AM we upped the Prize to come in and join the hunt https://bitcointalk.org/index.php?topic=1148637.msg12098045#msg12098045 (https://bitcointalk.org/index.php?topic=1148637.msg12098045#msg12098045) would love to try again, running out of btc now :( good luck to all player out there, 0.15 nice price! and if strike jackpot with min wager 2000, have nice payout too Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 13, 2015, 05:08:31 AM we upped the Prize to come in and join the hunt https://bitcointalk.org/index.php?topic=1148637.msg12098045#msg12098045 (https://bitcointalk.org/index.php?topic=1148637.msg12098045#msg12098045) would love to try again, running out of btc now :( good luck to all player out there, 0.15 nice price! and if strike jackpot with min wager 2000, have nice payout too thank you for the kind words and really sorry that you ran out of BTC because we hoped that you will show up and try your luck to hit the Jackpot. you are still in our Jackpot winners hall of fame holding the highest Jackpot win :) good luck Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 13, 2015, 09:34:28 AM guys don't miss the next Jackpot :) nice action but no hit of contest Jackpot with upped prize of 0.15 BTC if hit Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 13, 2015, 11:35:03 AM And the Winner is...............huggy :) Congratulations to huggy who hit the Jackpot (0.0560448) and the Prize of 0.15 BTC latest Jackpot winner now in our Hall of Fame Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: Alvin Fahriza on August 13, 2015, 11:37:36 AM And the Winner is...............huggy :) Congratulations to huggy who hit the Jackpot (0.0560448) and the Prize of 0.15 BTC latest Jackpot winner now in our Hall of Fame cheers Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: PvP on August 13, 2015, 12:10:41 PM @Alvin Fahriza and @Jackpotracer
thank you very much and I really can say it was really tough and I am very happy now that I hit the Jackpot and won some Satoshi ;D waiting for the next promo lol Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 13, 2015, 02:11:47 PM @Alvin Fahriza and @Jackpotracer thank you very much and I really can say it was really tough and I am very happy now that I hit the Jackpot and won some Satoshi ;D waiting for the next promo lol next promo will be out later today :) Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: PvP on August 13, 2015, 02:54:31 PM @Alvin Fahriza and @Jackpotracer thank you very much and I really can say it was really tough and I am very happy now that I hit the Jackpot and won some Satoshi ;D waiting for the next promo lol next promo will be out later today :) sounds good but could it be that you didn't send the prize? I don't see it on my MP account Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 13, 2015, 03:55:05 PM @Alvin Fahriza and @Jackpotracer thank you very much and I really can say it was really tough and I am very happy now that I hit the Jackpot and won some Satoshi ;D waiting for the next promo lol next promo will be out later today :) sounds good but could it be that you didn't send the prize? I don't see it on my MP account please let me check it Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 13, 2015, 04:04:30 PM @Alvin Fahriza and @Jackpotracer thank you very much and I really can say it was really tough and I am very happy now that I hit the Jackpot and won some Satoshi ;D waiting for the next promo lol next promo will be out later today :) sounds good but could it be that you didn't send the prize? I don't see it on my MP account it was not send to your MP account, it was send to your Jackpotracer app account please check it and confirm if you received it thanks Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: PvP on August 13, 2015, 04:23:21 PM @Alvin Fahriza and @Jackpotracer thank you very much and I really can say it was really tough and I am very happy now that I hit the Jackpot and won some Satoshi ;D waiting for the next promo lol next promo will be out later today :) sounds good but could it be that you didn't send the prize? I don't see it on my MP account please let me check it yes Sir confirmed that I received the prize ;D Title: Re: [Jackpotracer.com] ★★ upped the Prize to 0.15 BTC ★★ Prize for Jackpot hit ★★ Post by: JackpotRacer on August 13, 2015, 04:39:38 PM @Alvin Fahriza and @Jackpotracer thank you very much and I really can say it was really tough and I am very happy now that I hit the Jackpot and won some Satoshi ;D waiting for the next promo lol next promo will be out later today :) sounds good but could it be that you didn't send the prize? I don't see it on my MP account please let me check it yes Sir confirmed that I received the prize ;D thanks for confirming :) I will lock the thread now |
