What is the Probability of winning 0.1100% at PrimeDice ?

[Joel_Jantsen]

I have been betting at PrimceDice for a long time now.Recently I thought of giving this a try.I simply use the free bits from faucet and bet with 900.0X odds which makes the winning probability as 0.1100%.I know this is next to NULL but there are still some chances right ? I mean if i make 10 such bets everyday for about a month,will there be any chance that I'll actually win someday ? Your comments please.

For Reference :

[1714859674]

1714859674

[mexxer-2]

 Uh 0.11% , 1.1 wins per 1000 rolls, and no its a pretty big chance.

[Joel_Jantsen]

Uh 0.11% , 1.1 wins per 1000k rolls, and no its a pretty big chance.

Can't really understand if you're being serious or just sarcastic   .If it actually makes sense to keep hopes on 0.1100% then I'm doing this until I make a huge win.

[mexxer-2]

Uh 0.11% , 1.1 wins per 1000k rolls, and no its a pretty big chance.

Can't really understand if you're being serious or just sarcastic   .If it actually makes sense to keep hopes on 0.1100% then I'm doing this until I make a huge win.

The "k" was a typo. But the probability is correct, just can have some difference in the actual results due to variance.

[JackpotRacer]

I have been betting at PrimceDice for a long time now.Recently I thought of giving this a try.I simply use the free bits from faucet and bet with 900.0X odds which makes the winning probability as 0.1100%.I know this is next to NULL but there are still some chances right ? I mean if i make 10 such bets everyday for about a month,will there be any chance that I'll actually win someday ? Your comments please.

For Reference :

you would need to do this bet for about 3 month each day 10 bets to have a hit. but as mexxer already said it is the law of the large numbers and could hit with the first bet or after 4 or 5 month

my question for you would be let's say you win this bet
what will you do with the 0.00179800  

[Mars110]

If seen from the possible victory of the bets. I think it's just a waste of time.

Because of the possibility of a win by a very slight amount of% that it is extremely difficult,

But, if you try and keep trying you might win, but you will waste time because of betting which is very Extreme
 

[BTCevo]

I have been betting at PrimceDice for a long time now.Recently I thought of giving this a try.I simply use the free bits from faucet and bet with 900.0X odds which makes the winning probability as 0.1100%.I know this is next to NULL but there are still some chances right ? I mean if i make 10 such bets everyday for about a month,will there be any chance that I'll actually win someday ? Your comments please.

Nope doesnt mean that you play 10 times each day guarantee you will win it. 10 times a day that means a month it should be 300 times and dice games is about luck so it will be lower than 300 times and higher than 300 times then you can win it but ho much are you going to spend it if you keep on betting on 0.1%? It is better to make a little profit rather to aim that low winning percentage

[edmundduke]

It is not that hard to hit to be honest because 0.1% has a pretty big chance of it happening. This however does not mean that as you said (10 rolls for 30 days) that you will hit it. It could happen in the first 10 rolls or it could go way longer than the 1 in 1000 or what ever the exact numbers are.
But if you are consistent enough, you will hit it, there is no question about it.

[Buziss]

I have been betting at PrimceDice for a long time now.Recently I thought of giving this a try.I simply use the free bits from faucet and bet with 900.0X odds which makes the winning probability as 0.1100%.I know this is next to NULL but there are still some chances right ? I mean if i make 10 such bets everyday for about a month,will there be any chance that I'll actually win someday ? Your comments please.

If you do 10 such bets every day for 30 days, you would be making a total of 300 bets. The chance for you to lose 300 bets in a row = (1-0.11%)^300 = 71.88%. In other words, you have 28.12% chance to get a win in the first 30 days of trying.

[Patatas]

That's quite of a probability.It still has its own relevance in the program.I can't figure out how much time or period it will take for that event to happen but if you're lucky enough it might just happen in your first ten rolls or may even take 6 months to happen.It all depends on your luck though.But yeah the event would happen some fine day.

[baumi97]

Well as one of you guys alreasy said, you can get a hit after 5 rolls, but also after 5000 if you are unlucky. I once was hella lucky and made this one in like 30 rolls with my faucet:

https://i.imgur.com/PBHLs3A.png

[iv4n]

I have been betting at PrimceDice for a long time now.Recently I thought of giving this a try.I simply use the free bits from faucet and bet with 900.0X odds which makes the winning probability as 0.1100%.I know this is next to NULL but there are still some chances right ? I mean if i make 10 such bets everyday for about a month,will there be any chance that I'll actually win someday ? Your comments please.

For Reference :

Nice idea u have here! Theoretically speaking this is possible and I will try this for sure. I don't think I have that luck, and i don't believe I have enough patience for 5000 throws. Maybe even more then 5000.. 40 $ sounds really nice but but it's too much work for it.
Like I said I will give it a try (couple hundred times) and we will dee whst will happen.
Good luck for others who will try this also, if someone hit it I hope we will be informed here with how many tries u do it. Regards.

[ajareselde]

OP, like it clearly stated in your own image, the probability is 1:900; in another words - it's pointless.
Don't sell yourself short by wasting your time trying to earn something with faucets - there's a reason why they're there, and it's not to make you rich, or even worth your while.
Even typing captcha's and retyping doesn't pay that bad..

btw claiming faucet constantly one after another will most likely get your account locked.

cheers

[Joel_Jantsen]

OP, like it clearly stated in your own image, the probability is 1:900; in another words - it's pointless.
Don't sell yourself short by wasting your time trying to earn something with faucets - there's a reason why they're there, and it's not to make you rich, or even worth your while.
Even typing captcha's and retyping doesn't pay that bad..

btw claiming faucet constantly one after another will most likely get your account locked.

cheers

I know and I totally agree.The point is ,I was just trying to figure out the statistics like just what if ?I mean even if its 0.something,its still holds some relevance in the probabilities right ? Speaking logically the total probability is always 1,so in that case the value still holds some point in it.However lets see how it turns out for me.

[Joel_Jantsen]

you would need to do this bet for about 3 month each day 10 bets to have a hit. but as mexxer already said it is th elaw of the large numbers and could hit with the first bet or after 4 or 5 month

my question for you would be let's say you win this bet
what will you do with the 0.00179800 

Its not about the winning btc's lol suppose i raise the faucet bits to 0.0000200 and then bet with the same odds which are 9900X then the total profit comes upto 0.19 btc's ,which from a free faucet are like kickass! Who doesn't want 0.19 from free a faucet ?

[JackpotRacer]

you would need to do this bet for about 3 month each day 10 bets to have a hit. but as mexxer already said it is th elaw of the large numbers and could hit with the first bet or after 4 or 5 month

my question for you would be let's say you win this bet
what will you do with the 0.00179800 

Its not about the winning btc's lol suppose i raise the faucet bits to 0.0000200 and then bet with the same odds which are 9900X then the total profit comes upto 0.19 btc's ,which from a free faucet are like kickass! Who doesn't want 0.19 from free a faucet ?

thanks for the answer. fair enough

please bear with me. you want to reach 0.19 fair enough (if you have enough patience you will succeed imho)

but what will you do with 0.19 ? will you stop and enjoy it?

[Maesters1-]

no one can explain the probability of winning or loosing in gambling.

[janggernaut]

I have been betting at PrimceDice for a long time now.Recently I thought of giving this a try.I simply use the free bits from faucet and bet with 900.0X odds which makes the winning probability as 0.1100%.I know this is next to NULL but there are still some chances right ? I mean if i make 10 such bets everyday for about a month,will there be any chance that I'll actually win someday ? Your comments please.
-snip-

Yes, i think you'll hit it someday, but no one knows how long it takes. As reference, Serlite (One of mod on PD) was hit 9900x with max faucet (at that time he won 0.12+ BTC) so there is a chance too for hit that 900x. Goodluck, its really need patience before you hit it.

[electronicfactura]

It is all about luck you may hit at first roll or never.What is my experience on primedice or other dice sites there results under 0.90 appears many time when I am rolling at 2X.I don't know how it will work if we roll the dice for a multiplier of 900X or above.You need to be lucky to hit because last year if I remembered well some one hit this multiplier.

[JackpotRacer]

It is all about luck you may hit at first roll or never.What is my experience on primedice or other dice sites there results under 0.90 appears many time when I am rolling at 2X.I don't know how it will work if we roll the dice for a multiplier of 900X or above.You need to be lucky to hit because last year if I remembered well some one hit this multiplier.

It is all about luck you may hit at first roll or never

if it is provably fair (and it is imo) then there is no "never"
one will always hit whenever luck will hit him

with bad luck he might hit a tree before