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I believe I participated in a previous giveaway, can I do so again (I made a 0.01 bet anyway)?
account number 101
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When will the new site come back up? I have BTC there.
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Have you considered changing the units to mBTC, now that 1mbtc is around 0,8usd?
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SC2 Redbull Battlegrounds would be cool (lots of SC2 tourneys  ) |
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Thanks, really great service.
Also a small suggestion with the faucet, perhaps reduce the amount or increase the amount of time between claims, I can never seem to get anything from there.
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Could you add SC2 ESL PS and SC2 GSL?
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Can you add SC2 homestory cup?
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How about a line for the world chess championship? Not sure I would bet but could be interesting |
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Yeah, on pinnacle the bets for the semi final series have been moved to the "live" section, so I guess bitbook is not picking them up, if you take from there that would be great (the bets for the series are not actually kept "live" and are closed once the games begin, but because they also have bets for individual maps that are live, all the bets are in the live section).
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StarCraft 2 - E-Sports
Liquipedia is the go-to site (I encourage bitbook.biz to use it for grading too) |
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Haas withdrew before the match started.. have a few coin pending on that inevitable push i could use. Thanks
All bets on this match have been pushed. Good luck. It seems you graded TLO vs Elfi (correctly) but it's still "in play" (pending). Maybe you need to mark it as ended or something. Thanks. |
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Why do i continue to not have a reply 32 hours later and my 5.6 bitcoins still not graded a push as per the sportsbook rules?
Hey tennis. Sorry about the delay. We usually wait at least 24 hours on these esports just to make sure there isn't another reschedule. We will grade your bets a push now. Thank you for your patience. Hey, relatedly, it looks like the match TLO vs Elfi in SC2 WOR CHS which was scheduled for a week from now, has already been played (you put betting on hold right before it began). Could you grade it please? (i put a bet or 2 on each of them at various odds lol) |
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Are there any issues with the site right now?
I am going to my private link and it just goes to a blank main page with the Nitrogen Sports header. Probably just my work computer..
Yeah I was having that problem for a few hours, it was recently fixed. I don't mind all these little issues (had to write like 3 support requests the last week), as long as there is some kind of announcement or communication. |
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It's been more than a day since the end of the game, my Rijeka +0.75 vs Dinamo Zagreb (Croatian football) bet hasn't been graded.
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But you can't explain the mathematical definition of variance to someone with no probability background. What would he write?
"Variance: Reasonable chance you lose many moneyz" ?
"Though we have a 1% house edge, and in the long run will earn a profit of 1% of the wagered amount, in the short term we can still lose money. In times when we are lucky, we win many bets and earn a larger-than-expected profit, and in unlucky times we earn less than expected, and can even lose out. This is especially so if someone comes in and makes a large number of massive bets - we can either gain a lot or lose a lot. In the event that we are really unlucky, our bankroll stands to decrease by over __%. If you believe that the potential gains do not outweigh the potential losses, please do not invest." Sure, that sounds like a good disclaimer (seems entirely obvious to me, but maybe investors need a reminder), except he cannot possibly hope to fill up the _% in any meaningful way. |
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But you can't explain the mathematical definition of variance to someone with no probability background. What would he write?
"Variance: Reasonable chance you lose many moneyz" ?
http://simple.wikipedia.org/wiki/VarianceIf I hadn't taken a probability course, didn't know what a random variable, expected value, second moment, etc. was, that article wouldn't say anything to me, as far as the decision whether to invest or not goes. |
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But you can't explain the mathematical definition of variance to someone with no probability background. What would he write?
"Variance: Reasonable chance you lose many moneyz" ?
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Slightly expanding your esports betting in sc2 would be cool  For example, nitrogensports (and pinnacle obviously) have betting on GSL team league tomorrow And also bets on the first map in some WCS series But overall I really like how you're maintaining the WCS bets  |
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Well, the binomial distribution does not really fit here, as it measures the number of successes without placing any weight on losses.
This is wrong. It fits perfectly as there is only two possible outcomes win or loss and when n is large a reasonable approximation to it is given by the normal distribution. Well, it fits perfectly in measuring the number of wins, but it does not take into account the losses incurred. If you wanted to calculate the probability this way, you would need to look at the discrepancy between the number of wins, and not the overall profit: Let's look at it from the perspective of the gambler this time (it doesn't matter) Consider the binomial distribution of his wins with the same conditions. The expected value of this distribution is 8910 (which would mean house won 9090 times, and therefore house profit is 36000), and the variance around 4500. However, in order to have house profit be lower or equal to -3000, gambler must have won at least 9007.5 times. As you said, with an n this big the distribution is essentially normal (as with every normalized sample average of independent and identically distributed finite-variance random variables - this is what the central limit theorem states). Therefore, plugging it into the normal distribution with mean 8910 and variance 4500, we get that the probability of this occurring is around 7.3%, which is what I got previously |
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