Sorry to resurrect a two year old thread but I've been thinking a lot about the FreeBitCoin 10,000 roll and I'd like to understand how the probability is calculated.
I know little (not a lot) about hashes and hex strings, so maybe someone could please explain exactly where the number 429496.7295 comes from and why this brings the probability to 1 in 20,000.
Seeing how nobody here ever heard of a 10,000 roll, it is often suspected that the real probability is much lower, more like in the billions.
The probability of rolling 10000 is in fact just 0.5/10000 or 0.005%, because according to the site, the number is generated by converting a 8-digit hex hash string to a decimal number and then dividing it by 429496.7295 and rounding it off to the nearest whole number.
I can't tell you about the chances of win the jackpot, I don't understand about programming, but many people here heared about a winner once. There is a print here somewhere in Micro Earnings section and some people talking about it.
But it's true that for the number of FreeBitco.in users (thousands), the number of times the jackpot appeared is too low. Maybe the faucet users are too unlucky?
