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1  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: January 16, 2019, 10:37:13 AM
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This is basically no problem as proof if someone can tell me how to search faster in my story than to scroll back. It was already in November !!
It was a normal setting with 1 Satoshi at 47.5%
Sorry if it's badly translated, but I can only speak german.

I'm not sure if that's possible at all, I mean, scrolling back to November. What I can do is to scroll to one month back from now, but not further.

But anyway, I hope you understand now, that even with 47.50% win chance such a long losing streak could happen without site being rigged. (Still would be interesting to see the screenshot though, because it's a rare event.)

From the settings with the loss I took a screenshot,
but it does not work with image insertion, what do I have to do to insert it?
2  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: January 15, 2019, 02:02:43 PM
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[26 flips all being the same result is 1 in 67 million possible event.    Math major tells me, the correct equation for a consecutive occurrence is = 1/0.475^26 ~254 million]
This is for all 26 flips to be a winning outcome. For losing outcomes I think it should be 0.525.

That's right, and therefore the odds of losing 26 bets in a row at 47.50% win chance would be once every 18,873,746 bets. Still a big number, but not as big as 254 million.

Playing years on various dice sites, I personally never had that experience, nor I've seen that anyone else had. So it would be interesting if maestro0_5 could provide us with a screenshot. I'm inclined to think that he was betting with 20% win chance or something like that.

It's happened to me already, not even at this site but at a 1% house edge site, and I didn't even reach 1 million bets haha. Just goes to show what variance can do to kill you. And 18.8 mil bets? that's like betting 1 satoshi and after losing 26 bets you can lose about 0.38 BTC. Lots of people I'm sure have lost that amount just doing 1 satoshi martingale.

Anyway, my stats at Freebitco.in aren't good. Busted 0.02 deposit, after fewer than 1 million bets. Took a lot of rewards from the x5 promos, and managed to unlock bonuses, and had a lot of fun, so no big deal.

This is basically no problem as proof if someone can tell me how to search faster in my story than to scroll back. It was already in November !!
It was a normal setting with 1 Satoshi at 47.5%
Sorry if it's badly translated, but I can only speak german.
3  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: January 13, 2019, 06:19:31 PM
Hallo,
kann jemand sagen wieviele Wetten man hintereinander max verlieren kann?

Direct Google translation from German to English : "Hello,
can someone say how many bets you can lose max at a time?"

Answer : There are no specific amounts of bets that are configured by the site, for you too win or loose bets. The site is using a provable fair betting system, so you can test this for yourself.  Wink  <Each bet can be verified for fairness>  Wink

Hope that answers your question.  Wink

That Google translate is getting better every day! Smiley It even proposed me this version:


Quote
Hello, can anyone say how many bets you can lose in a row?

Which I think is closer to what maestro0 meant to ask. And some people doubt that AI can surpass humans in all respects soon. Smiley

I think maestro0 has just started playing dice and after losing, say, 15 bets in a row on 50% win chance he made the post thinking that that would be impossible to happen if everything was fair.  All of us have been there at some point in the very beginning. Smiley I think learning about provably fair algorithm can be a good starting point for understanding how modern gambling works.

15x hintereinander verlieren ist ja noch ok aber bei mir waren es schon 26x!!!

Kann das jemand überbieten??
4  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: January 12, 2019, 04:03:46 PM
Hallo,
kann jemand sagen wieviele Wetten man hintereinander max verlieren kann?
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