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Dragon Dice (Official Website)What do you guys think? Any guess as to what house odds are on this?
DRAGON DICEPayout Table
| Roll | Event | Payout |
| 2 | Troll Treasure | x 3.0 |
| 3 | Orc Beath | x 0.5 |
| 4 | Pirate's Peeve (Why is the Rum Always Gone?) | x 0.0 |
| 5 | The Silver Star | x 1.5 |
| 6 | Kobold Ambush! | x 0.0 |
| 7 | Roll Again! | +roll |
| 8 | Goblin's Gold | x 1.1 |
| 9 | Skeleton Attack! | x 0.5 |
| 10 | King's Crown | x 1.7 |
| 11 | Pirate's Revenge | x 0.0 |
| 12 | Dragon Dice | x 7.0 |
Current stats for Bitcoin Betting:Pot: 0.0235
Total Bets: 0.022
Paid Out: 0.0279
Win Ratio: 126.82% (est.)
Current stats for Litecoin Betting:Pot: 0.65
Total Bets: 0.6
Paid Out: 0.67
Win Ratio: 111.67% (est.)
Did I calculate the stats right? How should I calculate house odds? Thanks.
Assuming balanced die
Solving
x=.0278*3+.0556*0.5+.0833*0+.1111*1.5+.1389*0+.1667*x+.1389*1.1+.1111*.5+.0833*1.7+.0556*0+.0278*7
x=0.98691948
Payout=98.6%
House Edge=1.4%
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