XinXan
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2015, 08:13:38 PM |
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it is an attractive way to play,but what are the chances to win,I mean the EV,does someone know?
BTW: it is not boot, it is bot (I mean the auto bet)
After you lose a bet, you have a button to receover last bet. You can recover up to 50% of the amount lost. I understand it, but I would like to know that in the long term this means a higher profit(or less losses) for gamblers, but I mean mathematically,if there is someone that knows to do the calc. Well their house edge is 0.5% without the recover thing, with the recover thing obviously the house edge is lower i really dont want to calculate how lower but is a bit lower, i mean 0.5% is already pretty good
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Coef
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2015, 08:19:16 PM |
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it is an attractive way to play,but what are the chances to win,I mean the EV,does someone know?
BTW: it is not boot, it is bot (I mean the auto bet)
After you lose a bet, you have a button to receover last bet. You can recover up to 50% of the amount lost. I understand it, but I would like to know that in the long term this means a higher profit(or less losses) for gamblers, but I mean mathematically,if there is someone that knows to do the calc. Well their house edge is 0.5% without the recover thing, with the recover thing obviously the house edge is lower i really dont want to calculate how lower but is a bit lower, i mean 0.5% is already pretty good Wrong. The house edge without the recovery system is 1% as you are expected to get back 99% of your wagered amount (eg. 49.5% for x2).
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HrN (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2015, 09:06:01 PM |
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Without the RECOVER LAST BET, the house edge is 1%. If you include the second chance, the house edge is between -9% and -49% (minus)
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.()_().
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adaseb
Legendary
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Up to 300% + 200 FS deposit bonuses
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April 14, 2015, 09:20:02 PM |
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Its nice but its really going to mess up anyone trying to Martingale with their gambling.
But at least its a nice feature. Lately there are too many gambling websites which present the same "dice" site without anything new.
So props to the webmaster for this feature.
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Chemistry1988
Legendary
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Merit: 1000
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April 14, 2015, 09:27:08 PM |
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Without the RECOVER LAST BET, the house edge is 1%. If you include the second chance, the house edge is between -9% and -49% (minus)
I don't think your calculation is correct. Out of the 5 "recover last bet" options, the highest EV option is the third one that gives you 30% chance to recover 30% of your last loss. So for a bet with win chance p, the overall EV is 99% + (1 - p) * 30% * 30%. The lowest p allowed on your site is 1% which gives a EV of 107.91% and the highest p allowed is 98.02% which gives a EV of 99.1782%.
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blumangroup
Sr. Member
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Offline
Activity: 350
Merit: 250
'Slow and steady wins the race'
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April 14, 2015, 10:38:39 PM |
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Its nice but its really going to mess up anyone trying to Martingale with their gambling.
But at least its a nice feature. Lately there are too many gambling websites which present the same "dice" site without anything new.
So props to the webmaster for this feature.
The famous martingale winning system, so many players are going to be messed up because of this site hehe. I like it think it is a cool looking dice site love the colors and it is bringing something new to the table which can only be good because as you say there is to much of the same. I will be playing this more when it comes of test with a tiny house edge as this.
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ticoti
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2015, 12:05:18 AM |
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I have been testing the site,but when I use the bot I don't know if the double chance bet is working, becuase it does not show it in the place where it should be
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andolini82
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2015, 12:21:43 AM |
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I would like to try this site ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Because i have alot of luck and fun everytime play dice ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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dznuts85
Full Member
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Merit: 100
★777Coin.com★ Fun BTC Casino!
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April 15, 2015, 01:06:19 AM |
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Its nice but its really going to mess up anyone trying to Martingale with their gambling.
But at least its a nice feature. Lately there are too many gambling websites which present the same "dice" site without anything new.
So props to the webmaster for this feature.
The famous martingale winning system, so many players are going to be messed up because of this site hehe. I like it think it is a cool looking dice site love the colors and it is bringing something new to the table which can only be good because as you say there is to much of the same. I will be playing this more when it comes of test with a tiny house edge as this. No. Martingale players can kill this site if they are smart enough to use martingale here. This site will definitely be killed by martingale players
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Snorek
Legendary
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Merit: 1001
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April 15, 2015, 01:08:35 AM |
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"You can use our faucet (0.01 BTC testnet)." What does it mean really? I can earn 0.01 from faucet total? And what is testnet?
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dznuts85
Full Member
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Merit: 100
★777Coin.com★ Fun BTC Casino!
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April 15, 2015, 01:15:13 AM |
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"You can use our faucet (0.01 BTC testnet)." What does it mean really? I can earn 0.01 from faucet total? And what is testnet?
It is a testnet bitcoin. It is different from 'bitcoin'
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ticoti
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2015, 01:21:11 AM |
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"You can use our faucet (0.01 BTC testnet)." What does it mean really? I can earn 0.01 from faucet total? And what is testnet?
It is a testnet bitcoin. It is different from 'bitcoin' It means the page is still in a test phase, and no,you cannot withdraw that bitcoins from faucet ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Minnlo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2015, 01:26:35 AM |
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"You can use our faucet (0.01 BTC testnet)." What does it mean really? I can earn 0.01 from faucet total? And what is testnet?
It is a testnet bitcoin. It is different from 'bitcoin' It means the page is still in a test phase, and no,you cannot withdraw that bitcoins from faucet ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Yes the site is in testing phase, but the withdrawal system is indeed working with testnet coin. https://en.bitcoin.it/wiki/Testnet
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ticoti
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2015, 01:27:52 AM |
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"You can use our faucet (0.01 BTC testnet)." What does it mean really? I can earn 0.01 from faucet total? And what is testnet?
It is a testnet bitcoin. It is different from 'bitcoin' It means the page is still in a test phase, and no,you cannot withdraw that bitcoins from faucet ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Yes the site is in testing phase, but the withdrawal system is indeed working with testnet coin. https://en.bitcoin.it/wiki/TestnetBut that are not real bitcoins,you won't be able to use them as bitcoins
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waterpile
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2015, 01:28:20 AM |
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May i ask if the site is gonna accept investments?
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dznuts85
Full Member
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★777Coin.com★ Fun BTC Casino!
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April 15, 2015, 01:29:12 AM |
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"You can use our faucet (0.01 BTC testnet)." What does it mean really? I can earn 0.01 from faucet total? And what is testnet?
It is a testnet bitcoin. It is different from 'bitcoin' It means the page is still in a test phase, and no,you cannot withdraw that bitcoins from faucet ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) you can withdraw it. Op already said this :p
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dznuts85
Full Member
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Offline
Activity: 140
Merit: 100
★777Coin.com★ Fun BTC Casino!
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2015, 01:30:58 AM |
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"You can use our faucet (0.01 BTC testnet)." What does it mean really? I can earn 0.01 from faucet total? And what is testnet?
It is a testnet bitcoin. It is different from 'bitcoin' It means the page is still in a test phase, and no,you cannot withdraw that bitcoins from faucet ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Yes the site is in testing phase, but the withdrawal system is indeed working with testnet coin. https://en.bitcoin.it/wiki/TestnetBut that are not real bitcoins,you won't be able to use them as bitcoins It is indeed not bitcoins, there is only a simillarity in the name but those 2 are different
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HrN (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2015, 06:46:44 AM |
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May i ask if the site is gonna accept investments?
Not yet. I have been testing the site,but when I use the bot I don't know if the double chance bet is working, becuase it does not show it in the place where it should be
Yes it work. Click the button "Recovered Bets" ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F2bZg775.png&t=665&c=768myiGClkUaBQ)
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.()_().
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XinXan
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2015, 07:01:24 AM |
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Without the RECOVER LAST BET, the house edge is 1%. If you include the second chance, the house edge is between -9% and -49% (minus)
I don't think your calculation is correct. Out of the 5 "recover last bet" options, the highest EV option is the third one that gives you 30% chance to recover 30% of your last loss. So for a bet with win chance p, the overall EV is 99% + (1 - p) * 30% * 30%. The lowest p allowed on your site is 1% which gives a EV of 107.91% and the highest p allowed is 98.02% which gives a EV of 99.1782%. So the house edge is 0.83%? Its funny that not even the owner knows the house edge. But it seems weird that the house edge only decreases 0.17% from 1%
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HrN (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2015, 11:41:56 AM |
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Its nice but its really going to mess up anyone trying to Martingale with their gambling.
But at least its a nice feature. Lately there are too many gambling websites which present the same "dice" site without anything new.
So props to the webmaster for this feature.
The famous martingale winning system, so many players are going to be messed up because of this site hehe. I like it think it is a cool looking dice site love the colors and it is bringing something new to the table which can only be good because as you say there is to much of the same. I will be playing this more when it comes of test with a tiny house edge as this. No. Martingale players can kill this site if they are smart enough to use martingale here. This site will definitely be killed by martingale players They can recover maximum 50% of lost bet with 10% chance... or 10% of lost bet with 50% chance.
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.()_().
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