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Author Topic: Provable Fairness of bitdice.me  (Read 1805 times)
Nocturne
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April 02, 2015, 03:33:23 PM
 #41

10 times in a row seems like sound a house edge to me..
Bitcoin Buyer Reload
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April 02, 2015, 03:34:24 PM
 #42

i dont know but dropping the theory and sticking to logic, the number of btc casino wouldnt still be running if they did not make profits.. they dont just sit there and serve the community.. so in a way or the other, there is some kind of cheat or at least something that is dropping btc in their pocket enable them to stay alive

That's called the "house edge" which all casinos run with... house edges in bitcoin world tend to vary from anywhere to 1%-10% depending on the game being played. That's how the casinos make their money, not by cheating their players. Most are legit, at least.
Personally I would not call 10% house edge a legit offer. It is just like you would play a rigged game from the start - the only difference is you already know about it, and you don't care. For me anything more that 1% house edge is simply borderline scam.

Well honestly even a 0% house edge casino would still be shit and you wont win anything. Im pretty sure the casino would profit from greedy players


yep agreed! cash always in never out
kotwica666
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April 02, 2015, 03:39:23 PM
 #43

Interesting is that everyone remember losses - i see here 10 losses, 18 losses.. But nobody says how many wins in a row got.. Smiley

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btcdealer.nl
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April 02, 2015, 03:42:40 PM
 #44

i dont know but dropping the theory and sticking to logic, the number of btc casino wouldnt still be running if they did not make profits.. they dont just sit there and serve the community.. so in a way or the other, there is some kind of cheat or at least something that is dropping btc in their pocket enable them to stay alive

That's called the "house edge" which all casinos run with... house edges in bitcoin world tend to vary from anywhere to 1%-10% depending on the game being played. That's how the casinos make their money, not by cheating their players. Most are legit, at least.
Personally I would not call 10% house edge a legit offer. It is just like you would play a rigged game from the start - the only difference is you already know about it, and you don't care. For me anything more that 1% house edge is simply borderline scam.

Well honestly even a 0% house edge casino would still be shit and you wont win anything. Im pretty sure the casino would profit from greedy players


yep agreed! cash always in never out

0% house edge won't be possible in anyway, only if they just want to rip all your coins you deposit and run.
In my opinion 1% is a nice house edge and you sure can win! But also lose of course Tongue
btcdealer.nl
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April 02, 2015, 03:44:34 PM
 #45

Interesting is that everyone remember losses - i see here 10 losses, 18 losses.. But nobody says how many wins in a row got.. Smiley

Hahahah, indeed people tend to remember only the bad hits Tongue it think i've seen about 14 wins in a row on 49,5% Shocked cheat cheat.
Slark
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April 02, 2015, 03:47:17 PM
 #46

Interesting is that everyone remember losses - i see here 10 losses, 18 losses.. But nobody says how many wins in a row got.. Smiley
It is pure psychology really, humans are build like that - to receive the negative emotions in harder and more intense way and will remember bad things that happened them more likely longer and vivid than the positive ones. Nothing weird about it, you will most likely complain about bad experience that share your positive ones.
Bitcoin Buyer Reload
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April 02, 2015, 03:51:09 PM
 #47

Interesting is that everyone remember losses - i see here 10 losses, 18 losses.. But nobody says how many wins in a row got.. Smiley
It is pure psychology really, humans are build like that - to receive the negative emotions in harder and more intense way and will remember bad things that happened them more likely longer and vivid than the positive ones. Nothing weird about it, you will most likely complain about bad experience that share your positive ones.

bulls eye !!
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