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Buying Satoshi Dice code
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Topic: Buying Satoshi Dice code (Read 2133 times)
gollum
(OP)
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In Hashrate We Trust!
Buying Satoshi Dice code
August 05, 2013, 11:15:56 PM
#1
If you have a working "Satoshi Dice" source code please contact me.
evoorhees
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Democracy is the original 51% attack
Re: Buying Satoshi Dice code
August 06, 2013, 02:28:16 AM
#2
PM me
joshuad31
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Re: Buying Satoshi Dice code
August 29, 2013, 12:04:21 AM
Last edit: September 02, 2013, 11:35:59 PM by joshuad31
#3
After much consideration I believe that with the correct strategy it is actually worth playing Satoshi dice once and only once. It is possible to increase your initial investment by 20% if you are willing to take a 17.5% risk of loosing your entire initial investment.
If you play for an increase of 10% there is even less risk associated to playing.
https://docs.google.com/spreadsheet/ccc?key=0AnsZR1yoh3LrdE13OXNkeHRBQ01LaDctWF9IR1N2TlE&usp=sharing
I provide a complete and detailed analysis showing that the only way you can ever win with the most advanced strategy is a combination of luck and limiting your winnings to a small percentage of your starting bet amount.
Cyberdyne
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Re: Buying Satoshi Dice code
August 29, 2013, 12:30:47 AM
#4
Quote from: joshuad31 on August 29, 2013, 12:04:21 AM
the only way you can ever win with the most advanced strategy is if you get REALLY lucky.
Or, like Gollum and Erik, you run your own dice. Then you win.
Gollum, let me know when you launch something, I'll put it on this list:
bitcoindice.com
b!z
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Re: Buying Satoshi Dice code
September 01, 2013, 07:17:01 AM
#5
Quote from: joshuad31 on August 29, 2013, 12:04:21 AM
Do not play Satoshi dice! This is the most basic Martingale strategy
http://satoshidicebreaker.appspot.com/?1
but I have come up with a very advanced Martingale strategy and I provide analysis why even the best playing strategy can never never win!
-snip-
I provide a complete and detailed analysis showing that the only way you can ever win with the most advanced strategy is if you get REALLY lucky.
View it on Google Docs, or run in Sandboxie. Watch out for office exploits guys :-)
joshuad31
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Re: Buying Satoshi Dice code
September 02, 2013, 11:31:26 PM
#6
Quote from: b!z on September 01, 2013, 07:17:01 AM
Quote from: joshuad31 on August 29, 2013, 12:04:21 AM
Do not play Satoshi dice! This is the most basic Martingale strategy
http://satoshidicebreaker.appspot.com/?1
but I have come up with a very advanced Martingale strategy and I provide analysis why even the best playing strategy can never never win!
-snip-
I provide a complete and detailed analysis showing that the only way you can ever win with the most advanced strategy is if you get REALLY lucky.
View it on Google Docs, or run in Sandboxie. Watch out for office exploits guys :-)
Good point:
https://docs.google.com/spreadsheet/ccc?key=0AnsZR1yoh3LrdE13OXNkeHRBQ01LaDctWF9IR1N2TlE&usp=sharing
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