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1  Economy / Games and rounds / Re: Sick of Martingale? Give this a shot... It works. Chart and Instructions. on: December 29, 2018, 01:30:46 AM
Wrote a script to simulate this - always a loss with any house edge. It does end up wagering a decent amount of BTC compared to the loss, but a loss non the less.


Code:
House Edge: 0.05
Base Bet: 0.00001000
Number of Rolls: 100000
Total BTC: -0.43114500
Total BTC Wagered: 8.03352000

House Edge: 0.01
Base Bet: 0.00001000
Number of Rolls: 100000
Total BTC: -0.05487440
Total BTC Wagered: 7.97234000

House Edge: 0.00
Base Bet: 0.00001000
Number of Rolls: 100000
Total BTC: 0.02358000
Total BTC Wagered: 7.96112000

Below is the python code - the roll method is pretty straightforward

Code:
def hey_you_guys_sim(num_sims, bet_type, multiplier = 0.5, house_edge = 0.01):
    base_bet = 0.00001000
    start_bet = base_bet
    bet = base_bet
    total = 0
    total_bet = 0
    cur_round = 1
    num_wins = 0

    for i in range(num_sims):

        if cur_round == 31 or num_wins == 3:
            bet = base_bet
            start_bet = base_bet
            cur_round = 1
            num_wins = 0

        results = roll(bet, multiplier, bet_type, house_edge)
        total -= bet
        total_bet += bet

        if results[0] == True:
            total += results[1]

            print('W: {:1.8f}'.format(bet))
            bet = bet * 2.0
            start_bet = start_bet * 2.0
            num_wins += 1
        else:
            print('L: {:1.8f}'.format(bet))
            bet = bet + start_bet

        cur_round += 1

    print('House Edge: {:1.2f}'.format(house_edge))
    print('Base Bet: {:1.8f}'.format(base_bet))
    print('Number of Rolls: {}'.format(num_sims))
    print('Total BTC: {:1.8f}'.format(total))
    print('Total BTC Wagered: {:1.8f}'.format(total_bet))
2  Economy / Micro Earnings / Re: Freebitco.in Free Roll Bonus Decay? on: December 17, 2018, 05:27:15 AM
what is meant by keeping 50 dollars to keep your btc rewards ? I can't find that mentioned

Yeah - I posted in the main thread over here:

https://bitcointalk.org/index.php?topic=319540.msg48608015#msg48608015

https://bitcointalk.org/index.php?topic=319540.msg48693639#msg48693639

I'm not entirely sure what rewards they're referring to - maybe the number of reward points/lottery tickets you get per roll?
3  Economy / Micro Earnings / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: December 16, 2018, 05:31:13 AM

I'm a little confused if you are asking about the reduced rewards or the free BTC bonus. The link you gave I was talking about the reduced rewards.
For the free BTC bonus it is simple, the percentage towards the next bonus goes up everytime you play Hi-Lo, jackpots or buy lottery tickets but goes down everytime you make a free roll. Balance has no effect.


Ah, it sounds like I'm confused about what Reduced Rewards are - what are the rewards specifically you're referring to in that post?


I thought it meant the percentage that the free BTC bonus decreases each time you roll, but it sounds like thats not the case.
4  Economy / Micro Earnings / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: December 11, 2018, 08:25:13 PM
Hey there! Thanks for the great faucet.

I was wondering if anyone knows the bonus free roll decay algorithm for Freebitco.in? It seems to factor in a number of different things, and haven't seen a succinct description. Some people say if have more $ in the bank then it stops decaying altogether or at a slower rate?

For example, my current decay rate is about 2.5% per roll. Buying 1000 lotto tickets increased my progress to the next bonus by about 3.5%

There does seem to be a post from @TheQuin https://bitcointalk.org/index.php?topic=320959.msg33423133#msg33423133 Which explains some of it. Either it must have changed or something isn't quite right?


Quote
If you do not want to gamble you can keep a balance above $50 to not have reduced rewards.

Most users will not need to keep the full balance though because their gambling history is also added up to calculate.

My gambling history is closer to $350, and my balance is just over $50 (~0.016 BTC) but I am still getting a decay.

Is there somewhere on the site that I can check how much decay is supposed to be?

Thanks

Teucor

5  Economy / Micro Earnings / Freebitco.in Free Roll Bonus Decay? on: December 10, 2018, 07:39:30 PM
Hey, I was wondering if anyone knows the bonus free roll decay algorithm for Freebitco.in? It seems to factor in a number of different things, and haven't seen a succinct description. Some people say if have more $ in the bank then it stops decaying altogether or at a slower rate?

For example, my current decay rate is about 2.5% per roll. Buying 1000 lotto tickets increased my progress to the next bonus by about 3.5%

Thanks

Teucor


*edit There does seem to be a post from @TheQuin https://bitcointalk.org/index.php?topic=320959.msg33423133#msg33423133 Which explains some of it. Either it must have changed or something isn't quite right:

Quote
If you do not want to gamble you can keep a balance above $50 to not have reduced rewards.

Most users will not need to keep the full balance though because their gambling history is also added up to calculate.

My gambling history is closer to $150 but I am still getting a decay.
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