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3861  Economy / Gambling / Re: [New] Battleship Game at CoinXerox - Provably Fair AI on: March 28, 2015, 10:15:05 AM
Good Luck and Do not beat house again  Wink

Thank you for those inspiring words.. Wink
3862  Economy / Gambling / Re: Negative house edge on: March 28, 2015, 10:02:09 AM
According to what I learned, the users will lose in the end, assuming bankroll of player < house and there is a max bet limit.

The player will go on playing till he lose everything.             

I'm going to respond to this specific post - but anyone claiming that the users will lose in the long term with them having an "edge" against the house (assuming they are fair) doesn't understand basic probability.

First off, what is the long run?

When people refer to the long run - they might think 1 million events is long, maybe even 1 billion. Not so, long run means literally the largest number you could ever possibly think of (and yet still bigger than that) - better to think of it as infinity. Now the Law of Large Numbers - which has been proven both mathematically, logically and through modelling - means that as you approach an infinite number of events their outcomes will converge to statistical expectation.

Now, as a player in reality cannot play to infinite games - they will face a degree of variance. Variance is what causes random streaks of wins and losses - not random voodoo skill. This variance should decline as they play more and more games - eventually with enough games (enough being effectively infinity) they should come out ahead if they have a positive EV.

Hence, theoretically across a large number of events - an operator who offers +EV for their userbase can expect to lose money over time - although they could be extremely lucky and make a profit due to variance. But this variance WILL DECREASE, meaning with enough events the users can expect to profit.

This is the basis of why no casino/gambling site will ever offer +EV to users permanently (possibly short term to entice customers or they're rigged).

You are talking theory.. (everyone knows that part if you have been in the gambling threads for a good time)

I am talking psychology. Many want quick profits, like to take risks. My theory is they will go on playing till they lose.
Suppose I start a site with -0.1% edge, you make a profit, you will most likely play again. You lose, you think EV is positive and still play again. IT goes on till you lose and have nothing to continue bet. (assuming bankroll of player < house and there is a max bet limit, as I said)



3863  Economy / Gambling / Re: Top 5 Dice Sites on: March 28, 2015, 09:44:29 AM
DaDice

PrimeDice

Just-Dice

PRCDice

BitDice
3864  Economy / Games and rounds / Re: Satoshi Dice - Tech update & 0.01337 bonus for everyone who made a bet. on: March 28, 2015, 08:32:14 AM
I have played in at least 5 different accounts, but the problem is I delete my bookmark after cashing out everytime. Sad
3865  Economy / Services / Re: DADICE.com Signature Campaign - The BEST Yet | HIGHEST RATES! | JOIN THE FUN! on: March 28, 2015, 08:18:12 AM
Awesome campaign and also nice pay per post value + best escrow available

Thanks Cheesy
3866  Economy / Gambling / Re: ★No.1 BITCOIN BINARY OPTIONS ★HIGHEST REWARD 190%★1% DOUBLE DICE★EXPIRY:1~720MIN on: March 27, 2015, 09:55:35 PM
So what type of Time delay do people experience when using the Options trading.

Sense it does not appear one can have a static account with a balance, Sending the coins to either the Up or Down btc address does feel like a very clean  an d simple method, but how long does it take from the time someone sends coins, and when the website registers the deposit.

I have played there. It is instant. They probably use blockchain timestamp to know the time.

It will probably appear only after 2 or 3 seconds, but the bet would have started from the time you send it.
3867  Economy / Services / Re: Paying 20% for web design leads. on: March 27, 2015, 08:25:19 PM
I am paying 5% 20% to the first 10 people that can find me a web design job.
20% of what I make goes to you.
If they pay $100 for me to build them a small script, webpage, graphic, anything, I will give you 20%.

It's not allot but it is an offer.
If they have a $3000 budget and you send them to me for their website needs, you get $600.

I am sure someone knows somebody that needs a website or web programmer.

I code in PHP, SQL, HTML5, CSS, Javasctipt, jQuery, AJAX, SOAP, XML, etc.
I use wordpress, dreamweaver, photoshop, etc.
I can custom create or build from a package CMS like wordpress, Drupal, etc.

Thank you.

https://bitcointalk.org/index.php?topic=987769.0

He still needs a designer.

Disclaimer: Don't blame me if you didn't get paid.
3868  Economy / Services / Re: [BB] Signature contest for Gebbit.com - 0.15 BTC bounty for just 2 signatures on: March 27, 2015, 07:51:29 PM
I am interested. Willing to offer escrow service.
I am online too. Smiley

Free of charge. Tips appreciated. Smiley

Edit: Else go for https://bitcointalk.org/index.php?topic=855778.0
3869  Economy / Services / Re: [0.25 BTC Contest] - LazyCoins Signature Design on: March 27, 2015, 06:33:57 PM


Terms: I reserve the right to withdraw any of my entries without notice.

I might enter after all. Smiley (30% might, 70% might not)
3870  Other / Off-topic / Re: Places you want to travel to before you die on: March 27, 2015, 05:12:18 PM
Heaven
3871  Other / Off-topic / Re: A hobbit's bitcointalk profile in 2020 on: March 27, 2015, 05:08:50 PM
in 2020 hobbit is new member-level above Legendary?
so theymos and Vod is what then, Elf?


No. The member level is Elite member.
Achieved art 31337 activity. (not post count)
... and who said it is new?

Theymos?
It should be called God member not elite. Elite seems too low

Vod, God.. you thought the rhyme was just a coincidence? Wink
3872  Economy / Games and rounds / Re: ★ The Lucky Bit Bet Count Prediction Promotion! ★ Win over 0.5BTC! ★ on: March 27, 2015, 05:07:21 PM
Fun Fact!

Thursday, March 26 saw a total of 7989 bets played in one day. Not a record, but still impressive!


Other recent impressive numbers I found:
1. 11702 bets on March 19
2. 9146 bets on March 20
3873  Economy / Services / Re: [0.25 BTC Contest] - LazyCoins Signature Design on: March 27, 2015, 08:47:31 AM
I'm not a designer (I'm a backend coder, C# instead of HTML/CSS) so let me explain my idea.

I see 8 small cartoon leather easychairs, crowded in next to each other, facing different directions, with a fat balloon letter spelling LAZYCOIN "sitting" on each one.

Behind them you could have a simple chart showing bitcoin price going up and up.

Done right, this could look really good.  

If you like my design and bring it to fruition, please leave me a tip.  Smiley

It is toooooooo difficult to put that in a signature. I can't even make an easychair properly in the ~30pt space.. Undecided
Great idea for a banner Smiley Cheesy


Edit: 9 chairs. Lazycoin's'
3874  Economy / Services / Re: [0.25 BTC Contest] - LazyCoins Signature Design on: March 27, 2015, 08:30:36 AM


Terms: I reserve the right to withdraw any of my entries without notice.


3875  Economy / Gambling / Re: girlbtc.com || new site || jackpot 0.01btc everyround || simple||transparent on: March 27, 2015, 07:41:59 AM
Have been playing this game a little.  Seems interesting so far

yea its interest something profit something lose lol

just follow whos have the bigger amount of balance and bet ten minutes before game ended

and several seconds before game ended, its some trick but sometimes it wouldnt work Cheesy

it cant be like that all the times, there is a limit on betting, max is 0.005 for the first bet, and maximum for the 2nd bet will be *5 of your first bet so its not that easy as you think Smiley

its just my opinion and my strategy

because i know i dont have a lot of bitcoin

so i follow bet whos have highest balance and i know its not easy sometimes i lose with my strategy !!

It is because of someone like you with the same weird strategy that I lost 0.2BTC

The game was on and I was playing with some other guy. It was something like 0.175 vs 0.7 or so.
I deposited and when I tried to put in 0.625 which is the max allowed some idiots put 0.025s and 0.05s to the other end.

I was limited by the max bet. And because of those two the outcome was completely changed. I put it on the other end of course, to recover a small 0.01 (after fee) of my own money. Sad
3876  Economy / Gambling / Re: Gambler's fallacy, does it exist? on: March 26, 2015, 05:06:35 PM
If something has a 50% chance of happening, it has a 50% chance of happening, what has happened beforehand makes no difference.

Wrong! (I love to debate)

There is 50% chance that A will get a tail. A died. The chance is 0%.  Grin
Or the site you were betting went down..

Now, who is talking for?
3877  Economy / Service Discussion / Re: [DaDice] Signature Campaign Discussion Thread | Join The Fun! on: March 26, 2015, 04:50:35 PM
Just informing that we do not have any plans as of now in switching to a bot.

Thanks Smiley

P.S. Report link is currently added to the managers signature. I wondered if it was okay to carry a 'Report me' link in one's own signature.. Will consider that suggestion. But it might need redesigning the current signature to make it look better.

What is the function of 'Report me' in your signature ?
If about spam post, we better report it use 'Report to moderator' feature

Report me directs to a PM to the me or bf4btc.
Right. Report to mod is used for spam posts. You can also report to us in addition, if there is something we can do about it,  Smiley
3878  Other / Off-topic / Re: is it bit or Bit coin? on: March 26, 2015, 04:47:05 PM
bit is 0 or 1.

It is Bitcoin. (not Bit coin)

What is the purpose of this thread, exactly?
3879  Other / Meta / Re: Signature Adblock Script on: March 26, 2015, 04:39:09 PM
However, was there not a option to disable all signatures?
Even If I'm sure you already know this :
"Profile" -> "Look and Layout Preferences" -> "Don't show users' signatures."

Another option is to install adblock and simply right click -> Adblock -> Block this ad.

Edit: Tried to block 1 signature... It blocked everything!



Edit2: Okay, the profile one is better..
3880  Economy / Services / Re: [0.25 BTC Contest] - LazyCoins Signature Design on: March 26, 2015, 04:15:28 PM
Haha don't forget about me Grin
Im never design for 2 weeks since got banned. Although this competition is tough as hell, I will try my best & simple

You really think its tough? If so how do you suggest we make it more fair and easier?

Izanagi probably meant that to come up with a great design (and beating all other competitors) is little difficult. Yeah, indeed it is.

I don't think it has anything to do with the rules or requirements as such.

Thanks Smiley
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