1385
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Economy / Games and rounds / Re: Rollin Creative Contests | Meme & Video Contests
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on: December 08, 2015, 06:08:34 PM
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If I submit a video on Rollin, will I get be rewarded or is there only one prize for the winner?
The OP clearly states , there will be multiple prizes or multiple winners with different prizes.Not necessarily everybody will be awarded but it depends on your video quality again.There is only one winner who will get 500 mbtc. Can confirm that. There will be multiple winners, but not necessarily everyone.
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1388
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Economy / Gambling / Re: Why are ppl so ignorant and stubborn when it comes to dice and referrals???
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on: December 08, 2015, 05:15:51 PM
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Only a few people understand about HE , provably fair and the other. The rest just love the site, that is why PD got lot more player since they started way back even there are lot of sites that offer less HE now
Not necessarily. Almost all the highrollers I ever got a chance to talk to know well about house edge, provably fair. Some are also deep into Bitcoin and its technical stuff. (I agree with the rest) A typical highroller (not everyone of course. Only meaning many highrollers who repeatedly plays over significant a period of time) values trustworthiness, simplicity much more than a lower house edge. But they do see that the house edge is reasonable and they stick to what they are comfortable with and come back to where they had no issues since there have been scams and rogue sites around for years. They believe luck is far more significant. They could profit much much more than what they would make from referral systems if the luck is on their side. (you can see that if someone gives weight to math etc. more than luck, he wouldn't play in the first place)
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1393
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Economy / Gambling / Re: Why are ppl so ignorant and stubborn when it comes to dice and referrals???
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on: December 08, 2015, 06:31:48 AM
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Highrollers are not interested in affiliate cuts generally because the amounts they get back seem to be significantly smaller to them and not worth the effort.
If a highroller wagers 1000BTC on a dice site, he would likely win a lot or lose a lot. If he does take the time to sign up using the link you give, he would be gaining 1000BTC * 1% * 10% * 50% = 0.5BTC.
Suppose he loses all his bankroll what is he going to do with 0.5BTC? Suppose he wins a few hundred bitcoins, does it actually make a difference?
This is why highrollers tend to stick to 1% flat edge sites and does not leave to other sites like say Betterbets (which has a rakeback system) or Rollin (which has a levelling system and weekly wagered prizes). So they tend to stick with the site they are comfortable with which is why Primedice remains the market leader by large.
Another way of understanding it is, let us divide people into two, one who actually prefers a 0.7% house edge over 1% etc. and the one who is not. Highrollers beyond doubt falls into the latter category. The former consists of people ideally wouldn't bet in the first place because it is negative EV.
tl;dr Highrollers are generally insensitive to variations in (effective) house edge (to a level).
thats what I think.
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1395
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Economy / Games and rounds / The Rollin Hunger Games : Final Battle < Results Announced!! >
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on: December 08, 2015, 06:01:17 AM
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Details:1. Rollin account must be Level 3 or above to participate. 2. Post here or PM me with a) Your Rollin username b) High or Low for 10 rounds. 3. Entries accepted in chat too. 4. If your prediction is correct, you move on to the next level. Else, sorry mate, you have to wait till the next hunger games begin. Example entry: Username : ndnhc Rolls : High, Low, Low, Low, High, High, Low, High, Low, High Registration period : Till 23:59 UTC, 24th December, 2015.
Draw: 25th December. Prize Pool : 200 mBTCTo take part, Participation Reward:1 m BTC each To complete the round, Round Rewards:A player who survives Round 1 : + 2 m BTCA player who survives Round 2 : + 3 m BTCA player who survives Round 3 : + 4 m BTCA player who survives Round 4 : + 5 m BTCNEW : To the Players, Level Rewards:Every new player adds 1 m BTC to this special pot (which is exclusive of and additional to the 200 m BTC prize pool). 25% to all level 4 players equally. 25% to all level 5 players equally. Remaining to all higher levels 6 and above equally. To the Winners, Winner's Rewards:The winner receives 50 m BTC over and above the participation and round prizes. (or whatever remains of the prize pool whichever is more). The players who make it to the final but who lost the final round will receive a total of 20 m BTC over and above. Players who play and lose the second last round shares a total of 20 m BTC over and above.
Winners. Rollin The First Hunger Games Tournament Winner: HimeaResults announced : https://bitcointalk.org/index.php?topic=1280324.msg13242228#msg13242228Rollin The Second Hunger Games Tournament1st. louise
2nd. klutzbelgian
3rd. HimeaResults announced : https://bitcointalk.org/index.php?topic=1280324.msg13295136#msg13295136Rollin Race CompetitionRound #1 Winner : kshyzerRound #2 Winner : skierchewingRound #3 Winner : skierchewingRound #4 Winner : Robert22Good luck
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1396
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Economy / Games and rounds / Re: [ROLLIN] Rollin 2016 New Year Contests & Giveaways!! [ACTIVE]
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on: December 08, 2015, 05:23:55 AM
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Bet ID contest. Code : R9 [CHANGED]
Two requirements: 1. Have "1337" in the last 4 places of the Bet ID 2. The fifth last digit should match your bet amount (rounded down, 0 for >10 mBTC). There will be 1 winner for each digit, the prize is 3 times the wagered amount (rounded down, max. 30 mBTC). I hit Bet ID 1677661337 with a 6 mBTC bet! Indeed, it was a long chase, but very much worth it (except for clicking the wrong button accidentally). I just wanted to show it can be done! Since it feels kinda bad to win the contest I made up, I'll tip half the prize in Rollin Chatter Box playing Trivia questions. But they won't be easy questions I hear you think: what about the other half...? That's the part where I clicked the wrong button accidentally... As far as I know nobody else has won R9 yet, so I'll make an overview: Hit Bet ID xxxxxx 11337 with a 1 to 1.99999 mBTC bet for a 3 to 5 mBTC prize Hit Bet ID xxxxxx 21337 with a 2 to 2.99999 mBTC bet for a 6 to 8 mBTC prize Hit Bet ID xxxxxx 31337 with a 3 to 3.99999 mBTC bet for a 9 to 11 mBTC prize Hit Bet ID xxxxxx 41337 with a 4 to 4.99999 mBTC bet for a 12 to 14 mBTC prize Hit Bet ID xxxxxx 51337 with a 5 to 5.99999 mBTC bet for a 15 to 17 mBTC prize Taken: Bet ID 1677661337 with a 6 mBTC bet for an 18 mBTC prize Hit Bet ID xxxxxx 71337 with a 7 to 7.99999 mBTC bet for a 21 to 23 mBTC prize Hit Bet ID xxxxxx 81337 with a 8 to 8.99999 mBTC bet for a 24 to 26 mBTC prize Hit Bet ID xxxxxx 91337 with a 9 to 9.99999 mBTC bet for a 27 to 29 mBTC prize Hit Bet ID xxxxxx 01337 with a 10 mBTC (or higher) bet for a 30 mBTC prize Congratulations for the win. 1/10 claimed.
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1399
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Economy / Games and rounds / Re: [ROLLIN] Rollin 2016 New Year Contests & Giveaways!!
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on: December 07, 2015, 04:49:17 PM
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1. Max developed a new set of dice. Its peculiar feature was that every 24 hours it would split into two sets of dice of the same size. On 23rd February 1933, he placed it in an empty room. The dimensions of the room were 12 ft. x 12 ft. x 8ft. On 13th March 1942, the room got filled with dice.
I'm more curious about the starting size of the dice... It must have been sub-atomic particles when it started! And by now it would be larger than the entire universe. Judging by the fact we're still here, I assume Max managed to stop these out-of-control dice! Yes, he burned it after it blew up his house.
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1400
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Economy / Games and rounds / Re: [1 BTC Bounty] Explain Bitcoin in one Sentence
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on: December 07, 2015, 04:29:42 PM
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To all of you (abitguru, ndnhc, icaruz and others who +1d the idea),
Rules are Rules buddies!
You won't surely be promoted to class 8 if you fail in class 7's final examination!
That was just a suggestion in line with the Law of Diminishing Marginal Utility. How can a Law of Diminishing Marginal Utility apply in this case? The law of diminishing marginal utility is a law of economics stating that as a person increases consumption of a product, while keeping consumption of other products constant, there is a decline in the marginal utility that person derives from consuming each additional unit of that product.
Source > http://www.investopedia.com/terms/l/lawofdiminishingutility.asp
There are arguments to both sides on whether the law of marginal utility applies to money or not. My point is, the aggregate utility derived from say $1,000,000 divided among 1,000 people is more than that derived from $1,000,000 to a single person. Note: I am posting this just to support my point against Magnesium Coin's. I am completely fine with the current rules though I did suggest otherwise. But if you lose, you won't receive any fractional shares from the winner as you were suggesting OP. I never said I would?? It was just a suggestion to OP so that they could always distribute prizes like that the next time.
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