Bitcoin Forum

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I checked the site and saw no information about the jackpot. What is the chance to win, how does it rise, and how is it hit? I know it starts at 1k bits (0.001BTC), and that is it.

https://i.imgur.com/NLVnDuy.png

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Edit: Patrick responded in chat with this, right after I posted this:

https://i.imgur.com/nwZ5wIQ.png

Reduces house edge to 0.99%, and is paid for by Moneypot. Chance of hitting JP (which is x41523) is ~0.00002384%

This is a great feature , so if you get the raw outcome anywhere between 4,294,966,272 - 4,294,967,296, you win x41523 of the bet amount .
Come now join us and win :)


Note: The admin changed the JP payout , now its not x41523  but its around x10000 and you must get raw outcome between 0-1024.

I just checked http://doubloon.co/welcome.html and discovered that it is based on moneypot app so without much doubt this sight will be provably fair.

I still dont understand how will the payout be calculated? Depends on your basebet or depends on the next payout? So I can play on game with only 1 bomb instead of 3? Each click will give out the raw outcome for us? All bet will be same? If it is between the raw outcome our bet will be multiply by 41523?

IMO the OP needs to do the maths again cause it cant be I bet 1 bit basebet and I get 1 bit x 41523 as he is saying and the chance is 1 in
41523 bets to hit JP

but who knows maybe he knows better

nice site!

this Is nearly unimpossible to get a raw outcome like this. On a other App it takes month for a Player to get a raw outcome  > 4294967252.

But After the jpr hit we know all Is possible;).

As example for the dice guys it will be a 99.9996 or higher i think. Good luck.

Maybe i will give it a try but i dont like how Minesweeper work with Mp. The mines are not fixed on gamestart. Every "click" Is a new bet. But i also havent found a good solution how this can work real with mp.

Yeah so no problem and wasting time deciding whether its provably fair or not. Overall its simple and nice mine game, dont know about the jackpot but like any other mine game i also like this one :D

Jackpot doesn't cap at 20 BTC. Here is a bet with a jackpot of 500 BTC??? Not sure why MP would even accept that, but it needs to be fixed.

https://www.moneypot.com/bets/631806614

It's a bug that's being fixed.

The owner is changing his jackpot manually to cap out at 20btc to adhere to the guidelines of Moneypot

Just saw this site on MP and am trying to check it out, but there's no "info" anywhere on the site.  That's a pretty big issue.  I looked at the info on a handful of bets and saw the jackpot range and was pretty confused and had to do 10 minutes worth of research to find this thread, and it's still not super clear.

Will the jackpot % win rate scale to my bet or is it a static % and caps at 20BTC?  Because if it's the latter that means the max bet is 2000 bits which is way too small.  But if it's the former and larger bets have a higher % of hitting the 20BTC jackpot that's way better.

Why it is not clear? I think this is clear enough, you jut need to get low raw outcome to hit the jackpot though and the max cap is only 20 btc. The max bet is 2000 bit but you have chance to get huge jackpot which is possible to hit but the only problem is like bun1t said every click is become a new bet dont even know how the outcome calculate

It's not clear because of literally what I wrote explaining what's not clear about it.

If I bet 20k bits, do I still have the 1:100000 odds of hitting the jackpot of 20BTC, or does it scale (so that the jackpot EV is the same) to a 1:10000 chance?  Because if it doesn't, then the house edge increases on all bets >2k bits.

Pretty neat game, however I'd suggest some changes to the interface to make it look better. For example, for some buttons the words extend over the background, making it look a bit funny. Also, the colors could be improved, however that is my opinion; some other people might not agree. Best of luck with your site!

We appreciate your feedback and you are not alone here , we have got this feedback ( about buttons and background ) from other users too and currently Patrick is working on it to make the UI better :) Cheers .

Only admin can answer this one but I believe that for each and every bet regardless of the bet amount the chance remains the same  .

I am very interested in your opinions about the math and chances of this JP cause we also want to add a JP to our sweeper

but we have a bit of headache as user @Bunt said > every click is a new bet so lets try to do the math

one bet the HE is 2%
https://www.moneypot.com/bets/640070101 (https://www.moneypot.com/bets/640070101)
and the probability is 0.00007997732609510422% translated in chance to hit the JP is 1 in 1 250 354 bets
the payout is wager x 10 000

another one is 0.52% HE
https://www.moneypot.com/bets/640069650 (https://www.moneypot.com/bets/640069650)
and the probability is 0.0000476837158203125% translated in chance to hit the JP is 1 in 2 097 152 bets
and the payout is wager x 10 000

another one is 0.20% HE
https://www.moneypot.com/bets/640070136 (https://www.moneypot.com/bets/640070136)
and the probability is 0.00007997732609510422% translated in chance to hit the JP is 1 in 1 250 354 bets
and the payout is wager x 10 000

payout is always wager x 10 000

please help me to understand why the 0.52% HE and 0.20% HE bets are accepted by MP (regarding the JP)

the 2% HE sounds fine to me

but if each click is a new bet then I dont understand that the 0.52% HE and 0.20% HE bets are accepted by MP and MP would pay wager x 10 000

what did I miss here cause I thought only +EV bets are accepted by MP/Investors? and thankful to everyone who can explain

thx

The 0.2% house edge bet is still +ev for MP and the investors. The theoretical return on those rates & percentages yields ~1.205134 bits, and the bet was 1.21 bits. The player still pays a relatively high total house edge, since they are repeatedly gambling the wager and payout if they use the same board.

thank you very much for taking the time to answer with your explanation. would you mind to do the math for the 0.20% HE bet so we can see the +EV? would be very much appreciated

1.21 bits wager x 1 250 354 = turnover of 1 512 928 bits
can we agree here?

That's a good question.  I haven't looked into it in depth but I'd guess it might have something to do with rounding to two decimal places.


You're correct in the bet being +ev for MP/investors, but incorrect as far as how much theoretically.  You're looking at the results (the bet lost) and assuming it's theoretical, but it's not, it's just what happened that specific time.  Theoretically, the player loses .2% of that bet every time he bets.  .2% of 1.21 is .00242.  The player also wouldn't pay a "relatively high total house edge" because every bet is independent of each other.  Yes, if someone keeps clicking boxes they have a higher chance of losing their initial bet, but you can say that about any gambling game ever.

Ok, so I did a few test bets so see for myself how it works (since, again, there's no clear rules posted anywhere either on the site or on this thread) and I found kind of a good news/bad news.  The good news is that the jackpot % DOES seem to scale for bets that would exceed the 20BTC jackpot.  The bad news is that it seems like the house edge is 2% across the board which is quite high.

100 bit bet: https://www.moneypot.com/bets/640214598

1000 bit bet: https://www.moneypot.com/bets/640213723

10000 bit bet: https://www.moneypot.com/bets/640260805

You'll see the 10,000 bit bet has a higher % chance of hitting the jackpot because the jackpot is less than 10000x.  This is good.  But, the HE seems to be 2% for every bet.  This is bad, especially since it's promoted as having a "~1% House Edge" and also because there's a bitsweep on another MP-backed site that's only 1% HE.  

I do like the jackpot aspect and I appreciate that it's applied in a way that makes sense and scales to larger bets, but the house edge being double what it's advertised as is going to be a dealbreaker for me.

You have shared same id for both 1000 bit bet and 10000 bit bet and both 100 bit and 1000 bit bet have same chance of 0.0000799% to hit the JP , so according to you for bets  where JP > 20BTC ( which will be capped to 20 BTC)  will have chance greater than 0.0000799% ?

My mistake, thanks for pointing that out.  It's now edited with the correct bet (which to prove my point I had to bet again since there doesn't seem to be a way to see my past bets once I close the window).

Example of a 1% house edge bet: https://www.moneypot.com/bets/640264481

It seems that the 1 mine games (at least initially anyway) have a house edge of 2%.

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But haven't we already seen <1% house edge games courtesy of JackpotRacer?

Sorry im kinda lost on your post, where can i see a thing about the jackpot chance on those bet ids? I can't see any jackpot word there

In the "Advanced" section.  The main payout is a 1.25% profit and the small chance payout is a 10000x profit (on the 100 and 1000 games). 

lets take the 10k bits bet as an example
https://www.moneypot.com/bets/640260805
 (https://www.moneypot.com/bets/640260805)

lets do the math or better you do it :)

Probability to hit the JP is 0.0003998866304755211% equals to a chance to hit the JP 1 in 250 070 bets

player will hit JP in average once in 250 070 bets

JP is wager (10k bits) x 2 000 = 20 BTC

now the most important part is (IMO) the math 10 000 wager x 250 070 = ? :) and then please do the math and find the result for 2% HE

I get 2% HE is ~50 BTC  (50014000) expected profit for app owner and MP/Investors.

split is 50% so app owner gets ~ 25 BTC and MP/Investors get 25 BTC

MP/Investors pay out the 20 BTC JP so it is still +EV

from players view it is that he did a nice turnover of  10 000 bits wager x 250 070 = ? with 2% HE and get back in average 20 BTC JP

please correct me if I am wrong

imo a very confusing JP set up and we will try to find another JP for our sweeper

You're forgetting about the ~96% of the time that the player wins 125 bits.

ya so actually it takes less amount to hit the jackpot . Owner should take care of all this and end this confusion , he should mention the probability of hitting the jackpot and how many bets once the jackpot is hit . although the HE keeps on changing , idk why . yesterday i bet on doubloon , it was 1.7% HE  , today its 2% .

imo it is not the question if a player win or lose a bet. it is the 2% HE tha counts. lets take a simple example and a player wagers 1000 x 100 bits with a 2% HE

player wagered 100k bits and a la longue each 100k turnover he loses the 2% HE = 2000 bits

or did I misunderstood your answer thx

I'm trying to understand your confusion.  It seems like you don't understand how house edge works?  In the bitsweeper, there are three different outcomes: either the player wins a small amount, the player wins an extremely large amount, or the player loses his wager.  To adjust the house edge, you just change the frequency/likelihood of those events. 

If a player wagers 1000 bits 100 times, he will theoretically end up with 2000 less bits than he started with (assuming the house edge is 2%). 

I understand how HE works :) and you are confirming it with
If a player wagers 1000 bits 100 times, he will theoretically end up with 2000 less bits than he started with (assuming the house edge is 2%).

maybe  I dont understand the sweeper HE implementation

user @Bunt said that each click is a new bet and if he is right and IMO he is right
then each bet with 2% HE has its own math and each bet with 0.2% HE has its own math namely according to the sample you agreed on

If a player wagers 1000 bits 100 times, he will theoretically end up with 2000 less bits than he started with (assuming the house edge is 2%).

what is your opinion regarding this JP set up? is it a good one? as I mentioned before we are looking for a good JP set up for our sweeper

thx for bearing wth me :)

Each click is a new bet, yes.  If I bet 1000 and win 12.5 and click on another square, I'm now betting 1012.5 on that next click.

My opinion is that a 2% house edge is way too high and I personally don't like the 1-in-250k jackpot structure.  It's so infrequent that it'll realistically never hit (for any individual) and because of that drives the effective house edge up even more.  I'd much prefer a jackpot that hits in the 1-in-1000 to 1-in-10000 range.

thx for your JP set up feedback.

lets take your proposal of a JP that hits 1 in 1000 bets. to me this JP would hit much to often and would not allow an attractive JP Prize

lets say player wagers 1000 x 1000 bits with a 1% HE= wager is 1 000 000 bits =  app owner and MP/Investors split 1% = 10 000 bits is 5000 bits each side

what should app owner give as a JP prize in case he pays JP like bit exo is doing?
what JP Prize should MP/Investors give?

if each side gives 5000 bits JP Prize they did not earn 1 satoshi

what would be an acceptable JP Prize for this scenario in your opinion?

sure we could do the same for 1 in 10 000 bets chance to hit JP as your 2nd example and we get all numbers x 10

thx again

Can anyone confirm, it is not possible now to bet more than 2000bits? I tried to make a bet more than 2000bits but it keeps loading and when i tried to refresh and made small bet it goes through and i tried betting again 2500 bits and it cant

but user ONM did a bet with 10 000 bits

that's probably made few minutes before MP team changes some codes in the system not to accept bets more than 2000bits on minesweepers games with JP like that (i guess)

can anyone try to bet more than 2000 bits now and verify this?

tried it with 2001bits bet and confirmed MP not accepting anymore, 2000bits bet goes through

Glad to see movement and development of Doubloon.
Hope you continue to maintain and improve it.

Regards
Jm

glad to see you are still alive

You are the owner of Doubloon right? Why you dont even answer anything about your jackpot confusion? Until now people are confuse about your jackpot and your house edge. Just saw some quote that your site have different kind of house edge on each bet. Mind to explain this and stop all of this confusion?

please learn that he sold the app and is not owner anymore

good luck

Oh, ok, I think I'm understanding your confusion now.

Nobody is "giving" anything.  The jackpot prize is part of the house edge.  It's similar to your lottery game, except instead of the "very large win" being the main prize, it's the secondary prize.

Let's say we play a game and I bet 1000 bits.  50% of the time, I win 500.  49% of the time I lose 1000.  1% of the time, I win 20000.  When the 20000 hits, it's not being "given" by anyone, it's being won because it's a component of the game...a game that has a 4% house edge.  The house (MP/app owner) outearns the house edge on most bets because on a small % of bets they will pay out a huge number.  For example, look at the 20BTC jackpot bets...there's only a 2% house edge, but the player only wins 1.25% profit 96% of the time.

Great to see a site that takes user feedback into consideration!  :)

However, I visited the site again today and some of the placeholders are all over the place/out of place; is the site undergoing maintenance/UI changes?

Didn't pop in at Doubloon for a bit a decided to have a go and was initially scared that site was offline but then found out the new domain you are using; maybe updating original post with new temporary domain could be a good idea.

Am currently botting but am not sure on how to manage that jackpot multiplier feature: I click on multipliers button but nothing is displayed after I hit them; is everything authomated or what?

Are my "botting bets" benefiting the chance of hitting the jackpot?
And, if so, in case of luck which multiplier will  I be applied?

Read this whole thread but couldn't figure out how it work.

the sound in faucet is so coooool  ;D
helping a lot to remind me faucet haha

the best thing to improve would be changing your domain name
dot tk is a free domain associated with scam and temporary short lived sites
just a suggestion,though but if you really care about the image of your game-buy a com ,net or any other good domain

You might want to change the OP title again to Doubloon.co :)

BTW, I like your developments however I'd suggest that you compress the background image as it's taking a very long time to load ;)

yeah that sounds good news see doubloon.co (http://doubloon.co) domain is back, I hope you give it additional good news such as a promotion for a deposit bonus or other woods for Christmas and new year :)

Simple and nice :) Looking forward to add more features like leveling :P

Patrick why are you ignoring my PM?