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Author Topic: [ROLLIN.IO] Rollin 2016 New Year // Contests & Giveaways!! / CLOSED.  (Read 24298 times)
s1ng
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December 05, 2015, 07:02:05 AM
 #161

4853.94 mB
How about that one ?
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Creating a Bitcoin client that fully implements the network protocol is extremely difficult. Bitcoin-Qt is the only known safe implementation of a full node. Some other projects attempt to compete, but it is not recommended to use such software for anything serious. (Lightweight clients like Electrum and MultiBit are OK.)
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retes12345
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December 05, 2015, 07:04:45 AM
 #162

4956mb?XDD

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December 05, 2015, 07:09:23 AM
 #163

Nope. Wink

I have to go atm. Will check back later.
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December 05, 2015, 07:23:51 AM
 #164

Sigh, is it 4949.53mBTC?
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December 05, 2015, 07:24:43 AM
 #165

is it 4854.92

..
FANSUNITE

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rio3233
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December 05, 2015, 07:58:15 AM
 #166

is it 4906 mbtc ?

username : godly3232
skierchewing
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December 05, 2015, 08:13:35 AM
 #167

payout = 4953mBTC
username: skierchewing


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MPRESSION



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December 05, 2015, 08:27:21 AM
 #168

is it 4853 mbtc??
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December 05, 2015, 08:30:57 AM
 #169

On-thread Trivia!




aaand the question for today is:


Q. Bob, a player at Rollin has wagered 5313.4931 mBTC. He bets 50 mBTC at Lower than 1 and wins. What is his payout?


Post your answer with your Rollin account for 7 mBTC. Rollin account should be at least level 2 OR the bitcointalk account full member and above. First to answer correctly, to the point wins the prize.

Remember, no edits.
4950.9 mBTC / 4951
username : Shadew

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December 05, 2015, 08:35:17 AM
 #170

His profit is 4950 with 0.90% house edge , so his payout is 4950-(5000*0.90/100%)=4905mBTC
Username : Jeremyroll


Because I think my first calculation is not right, so I make a new answer but also deleting my first answer.(It's fair, right?)

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December 05, 2015, 09:10:24 AM
 #171

i think its 4903 mbtc but its not right.. hmm
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December 05, 2015, 09:39:56 AM
 #172

His profit would be 4902mBTC. Is that correct?
This is wrong.

Is it 4903mBTC?
This is correct! But: you've entered 2 answers, so I'm not sure how this counts...

Nope. Wink

I have to go atm. Will check back later.
Is this "Nope" for retes12345, for TriggerX, or for both?

Now my answer:
Bob has wagered more than 5000 mBTC, so he has a lvl 4 account. That means his house edge is 0.94%, which gives 4903 mBTC profit.

This nicely illustrates the effect of a lower house edge. I'll show the profit for a 50 mBTC win at 1% chance for all levels:
lvl 1: 4900 mBTC (house edge 1.00%)
lvl 2: 4901 mBTC (house edge 0.98%)
lvl 3: 4902 mBTC (house edge 0.96%)
lvl 4: 4903 mBTC (house edge 0.94%)
lvl 5: 4904 mBTC (house edge 0.92%)
lvl 6: 4905 mBTC (house edge 0.90%)
lvl 7: 4906 mBTC (house edge 0.88%)
lvl 8: 4907 mBTC (house edge 0.86%)
lvl 9: 4908 mBTC (house edge 0.84%)
lvl 10: 4909 mBTC (house edge 0.82%)
lvl 11: 4910 mBTC (house edge 0.80%)

Wilhelm the mod
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December 05, 2015, 09:41:30 AM
 #173

Bob will win 4903.47 mbtc

User: Wilhelm
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December 05, 2015, 09:47:22 AM
 #174

Now my answer:
Bob has wagered more than 5000 mBTC, so he has a lvl 4 account. That means his house edge is 0.94%, which gives 4903 mBTC profit.

This nicely illustrates the effect of a lower house edge. I'll show the profit for a 50 mBTC win at 1% chance for all levels:
lvl 1: 4900 mBTC (house edge 1.00%)
lvl 2: 4901 mBTC (house edge 0.98%)
lvl 3: 4902 mBTC (house edge 0.96%)
lvl 4: 4903 mBTC (house edge 0.94%)
lvl 5: 4904 mBTC (house edge 0.92%)
lvl 6: 4905 mBTC (house edge 0.90%)
lvl 7: 4906 mBTC (house edge 0.88%)
lvl 8: 4907 mBTC (house edge 0.86%)
lvl 9: 4908 mBTC (house edge 0.84%)
lvl 10: 4909 mBTC (house edge 0.82%)
lvl 11: 4910 mBTC (house edge 0.80%)
Oh no... I miscounted again, and you're right.
His profit is 4950 with 0.94% house edge , so his payout is 4950-(5000*0.94/100%)=4903mBTC

I misread the Level, I used the house edge for level 6 Cheesy

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December 05, 2015, 09:47:25 AM
 #175

His profit would be 4902mBTC. Is that correct?
This is wrong.

Is it 4903mBTC?
This is correct! But: you've entered 2 answers, so I'm not sure how this counts...

Nope. Wink

I have to go atm. Will check back later.
Is this "Nope" for retes12345, for TriggerX, or for both?

Now my answer:
Bob has wagered more than 5000 mBTC, so he has a lvl 4 account. That means his house edge is 0.94%, which gives 4903 mBTC profit.

This nicely illustrates the effect of a lower house edge. I'll show the profit for a 50 mBTC win at 1% chance for all levels:
lvl 1: 4900 mBTC (house edge 1.00%)
lvl 2: 4901 mBTC (house edge 0.98%)
lvl 3: 4902 mBTC (house edge 0.96%)
lvl 4: 4903 mBTC (house edge 0.94%)
lvl 5: 4904 mBTC (house edge 0.92%)
lvl 6: 4905 mBTC (house edge 0.90%)
lvl 7: 4906 mBTC (house edge 0.88%)
lvl 8: 4907 mBTC (house edge 0.86%)
lvl 9: 4908 mBTC (house edge 0.84%)
lvl 10: 4909 mBTC (house edge 0.82%)
lvl 11: 4910 mBTC (house edge 0.80%)

Yeah, I wasn't so sure about that either. I deleted my first 2 posts and made a new one.
fumblingperch
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December 05, 2015, 11:12:47 AM
 #176

4903mBTC
username: fumblingperch
skierchewing
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December 05, 2015, 11:19:56 AM
 #177

His profit would be 4902mBTC. Is that correct?
This is wrong.

Is it 4903mBTC?
This is correct! But: you've entered 2 answers, so I'm not sure how this counts...

Nope. Wink

I have to go atm. Will check back later.
Is this "Nope" for retes12345, for TriggerX, or for both?

Now my answer:
Bob has wagered more than 5000 mBTC, so he has a lvl 4 account. That means his house edge is 0.94%, which gives 4903 mBTC profit.

This nicely illustrates the effect of a lower house edge. I'll show the profit for a 50 mBTC win at 1% chance for all levels:
lvl 1: 4900 mBTC (house edge 1.00%)
lvl 2: 4901 mBTC (house edge 0.98%)
lvl 3: 4902 mBTC (house edge 0.96%)
lvl 4: 4903 mBTC (house edge 0.94%)
lvl 5: 4904 mBTC (house edge 0.92%)
lvl 6: 4905 mBTC (house edge 0.90%)
lvl 7: 4906 mBTC (house edge 0.88%)
lvl 8: 4907 mBTC (house edge 0.86%)
lvl 9: 4908 mBTC (house edge 0.84%)
lvl 10: 4909 mBTC (house edge 0.82%)
lvl 11: 4910 mBTC (house edge 0.80%)

Yeah, I wasn't so sure about that either. I deleted my first 2 posts and made a new one.

payout = 4953mBTC
username: skierchewing

this is the profit table, not payout table... for me it`s 4953mbtc... let me explain why...
when you play you wager your bet, don`t care if you win or lose...
so if you play 50mbtc, you already wagered it...

Profit = Payout - Wagered
Payout = Value you going to receive in your pocket (final)
Wager = Value you bet and wagered (not more in your pocket)

so We have 4903mbtc (Profit) = 4953mbtc (Payout) - 50mbtc (Wager)
Payout and profit are two differents things for me... anyway, let`s see...

at the end you going to receive 4953mtc

good lucky all


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██████████████████████████████████
██████████████████████████████████
▀████████████████████████████████▀
MPRESSION



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December 05, 2015, 12:02:40 PM
 #178

this is the profit table, not payout table... for me it`s 4953mbtc... let me explain why...
when you play you wager your bet, don`t care if you win or lose...
so if you play 50mbtc, you already wagered it...

Profit = Payout - Wagered
Payout = Value you going to receive in your pocket (final)
Wager = Value you bet and wagered (not more in your pocket)

so We have 4903mbtc (Profit) = 4953mbtc (Payout) - 50mbtc (Wager)
Payout and profit are two differents things for me... anyway, let`s see...

at the end you going to receive 4953mtc

good lucky all

You are totally right, I also forgot to add the wagered mBTC.
This is the best answer Shocked

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December 05, 2015, 02:57:25 PM
 #179

Profit = Payout - Wagered
Payout = Value you going to receive in your pocket (final)
Wager = Value you bet and wagered (not more in your pocket)

so We have 4903mbtc (Profit) = 4953mbtc (Payout) - 50mbtc (Wager)
Payout and profit are two differents things for me... anyway, let`s see...

at the end you going to receive 4953mtc
Interesting approach Smiley But since rollin shows the amount won in big green font, I assume that amount is the required answer.

skierchewing
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December 05, 2015, 04:08:45 PM
 #180

Profit = Payout - Wagered
Payout = Value you going to receive in your pocket (final)
Wager = Value you bet and wagered (not more in your pocket)

so We have 4903mbtc (Profit) = 4953mbtc (Payout) - 50mbtc (Wager)
Payout and profit are two differents things for me... anyway, let`s see...

at the end you going to receive 4953mtc
Interesting approach Smiley But since rollin shows the amount won in big green font, I assume that amount is the required answer.

but the green font you refering says "profit" tab... not the payout hehe... if you check any other site the show the payout it's the profit + wager bet


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██████████████████████████████████
██████████████████████████████████
▀████████████████████████████████▀
MPRESSION



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