Bitcoin Forum
June 23, 2024, 09:11:11 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: Will blockchain-base Gamble beat Macau ?  (Read 207 times)
girlbtc.com (OP)
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250

girlbtc.com


View Profile WWW
December 07, 2016, 03:12:09 AM
 #1

All I want to say is in the title!

DarkStar_
Legendary
*
Offline Offline

Activity: 2772
Merit: 3282


View Profile WWW
December 07, 2016, 03:28:02 AM
 #2

Definitely not, unless smart contract gambling things that are blockchain based (not like vDice) are developed, and there are next to no fess. Huge hassle with blockchain gambling in Bitcoin, as there are not many possible outcome ranges (very large ranges of weird numbers would be complicated).

If you wanted to play on a 10x multiplier, to do that on the blockchain (assume 10% winning chance), you would need quite a few blocks, to get even close as possibility from a block are all powers of 2. It's easier to play at Macau or another casino, and has less fees (though a higher house edge, usually). You don't have to wait hours for your result.

taking a break - expect delayed responses
girlbtc.com (OP)
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250

girlbtc.com


View Profile WWW
December 07, 2016, 03:36:13 AM
 #3

Definitely not, unless smart contract gambling things that are blockchain based (not like vDice) are developed, and there are next to no fess. Huge hassle with blockchain gambling in Bitcoin, as there are not many possible outcome ranges (very large ranges of weird numbers would be complicated).

If you wanted to play on a 10x multiplier, to do that on the blockchain (assume 10% winning chance), you would need quite a few blocks, to get even close as possibility from a block are all powers of 2. It's easier to play at Macau or another casino, and has less fees (though a higher house edge, usually). You don't have to wait hours for your result.


1. What about bet with 50% chance to win 2x?
2.The normal fee(bacarra) in Macau is 5% for banker.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!