Bit-Exo.com (OP)
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April 10, 2016, 02:27:26 PM |
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I am not able to log in, site seems down at the moment? Does anyone know what happen? thank you
MoneyPot api was offline, it is fixed now.
please help me to understand your Jackpot offer and correct me in case I am wrong
a wager of 100 bits + the chance of a Jackpot is 1 in 1 000 000
a wager of 1 bit the chance would be 1 in ?
a wager of 50 bits the chance would be 1 in ?
a wager of 99 bits the chance would be 1 in ?
thank you
1 bit 1/100,000,000 + there is a delay for 1 bit bets 50 bit 1/2,000,000 thank you for taking the time to explain. what is this 1 bit delay you are talking about? lets wait if OP will confirm your explanation because if you are right then a wager of 80 bits would be 1 in 1 250 000 or a wager of 2 bits would be 1 in 50 000 000 how much will a user win? The amount you can win is progressive and is the same for everyone. Just the odds to hit it are depending on your bet size. thank you where can we see this progressive Jackpot? can you confirm user joksim's explanation regarding Jackpot win chance? The progressive jackpot amount is visible from any page on our site, and also there is a special jackpot tab. Joksim's explanation regarding the jackpot win chance is correct.
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Bit-Exo.com (OP)
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April 10, 2016, 08:28:05 PM |
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Jackpot Rules:The Jackpot is available to any user betting on our casino and can be won on any game so you can continue to play your favorite game. The Jackpot amount is progressive based on the sites wager. In order to qualify for the Jackpot your bets wager must be at least 0.00000100 BTC. The winner is determined by the Raw_Outcome of the wager. A winning bet is one that the Raw_Outcome is less than 4295 for bets 0.00010000 BTC and above. This works out to a chance of 1 in 1 Million Bets. Bets less than 0.00010000 BTC and above 0.00000100 BTC can still win the jackpot but the lower your wager the more challenging it becomes with 0.00000100 BTC bets having 1% the chance a bet greater than or equal to 0.00010000 BTC has. The winner of each round will be announced in chat and the prizes will be manually transferred within 8 hours. Funds progressive Jackpot:-20-30% of our earnings on all your bets are added to the progressive jackpot. The current Progressive Jackpot (expected 0.1 BTC) has already passed 0.148 BTC and keeps rising with every bet placed!
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elm
Legendary
Offline
Activity: 1050
Merit: 1000
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April 10, 2016, 08:31:41 PM |
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Jackpot Rules:The Jackpot is available to any user betting on our casino and can be won on any game so you can continue to play your favorite game. The Jackpot amount is progressive based on the sites wager. In order to qualify for the Jackpot your bets wager must be at least 0.00000100 BTC. The winner is determined by the Raw_Outcome of the wager. A winning bet is one that the Raw_Outcome is less than 4295 for bets 0.00010000 BTC and above. This works out to a chance of 1 in 1 Million Bets. Bets less than 0.00010000 BTC and above 0.00000100 BTC can still win the jackpot but the lower your wager the more challenging it becomes with 0.00000100 BTC bets having 1% the chance a bet greater than or equal to 0.00010000 BTC has. The winner of each round will be announced in chat and the prizes will be manually transferred within 8 hours. Funds progressive Jackpot:-20-30% of our earnings on all your bets are added to the progressive jackpot. The current Progressive Jackpot (expected 0.1 BTC) has already passed 0.148 BTC and keeps rising with every bet placed! very nice is the Jackpot now + EV? if not at what price will it be +EV?
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Bit-Exo.com (OP)
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April 10, 2016, 08:41:40 PM |
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Jackpot Rules:The Jackpot is available to any user betting on our casino and can be won on any game so you can continue to play your favorite game. The Jackpot amount is progressive based on the sites wager. In order to qualify for the Jackpot your bets wager must be at least 0.00000100 BTC. The winner is determined by the Raw_Outcome of the wager. A winning bet is one that the Raw_Outcome is less than 4295 for bets 0.00010000 BTC and above. This works out to a chance of 1 in 1 Million Bets. Bets less than 0.00010000 BTC and above 0.00000100 BTC can still win the jackpot but the lower your wager the more challenging it becomes with 0.00000100 BTC bets having 1% the chance a bet greater than or equal to 0.00010000 BTC has. The winner of each round will be announced in chat and the prizes will be manually transferred within 8 hours. Funds progressive Jackpot:-20-30% of our earnings on all your bets are added to the progressive jackpot. The current Progressive Jackpot (expected 0.1 BTC) has already passed 0.148 BTC and keeps rising with every bet placed! very nice is the Jackpot now + EV? if not at what price will it be +EV? Yes its currently + EV.
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joksim299
Legendary
Offline
Activity: 2212
Merit: 1014
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April 10, 2016, 09:18:59 PM |
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is the Jackpot now + EV? if not at what price will it be +EV? Yes its currently + EV. Can you show us your calculation? According to my calculation JP should be over 1BTC to be EV+ Jackpot win chance 1/1000000 at 100 bit bets wich equals 100BTC wagered and ev for 100BTC wagered is -1BTC
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elm
Legendary
Offline
Activity: 1050
Merit: 1000
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April 10, 2016, 09:26:47 PM |
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is the Jackpot now + EV? if not at what price will it be +EV? Yes its currently + EV. Can you show us your calculation? thank you for the question because I was writing the same question and when I wanted to post it a message said that a posting was right now posted and it was you with same question
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joksim299
Legendary
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Activity: 2212
Merit: 1014
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April 10, 2016, 09:28:34 PM Last edit: April 10, 2016, 11:00:03 PM by joksim299 |
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is the Jackpot now + EV? if not at what price will it be +EV? Yes its currently + EV. Can you show us your calculation? thank you for the question because I was writing the same question and when I wanted to post it a message said that a posting was right now posted and it was you with same question Added my calculation to the post above.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Bit-Exo.com (OP)
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April 10, 2016, 09:32:33 PM |
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is the Jackpot now + EV? if not at what price will it be +EV? Yes its currently + EV. Can you show us your calculation? According to my calculation JP should be over 1BTC to be EV+ Jackpot win chance 1/1000000 at 100 bit bets wich equals 100BTC wagered and ev for 100BTC wagered is -1BTC With 1 million bets at 100 bits each and a 1% house edge we get .5 BTC in commissions from Moneypot. 20% of our earnings that is 0.1 BTC will then be the expected value of the progressive jackpot. With the progressive jackpot currently at almost .15 BTC it already passed the expected jackpot value.
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joksim299
Legendary
Offline
Activity: 2212
Merit: 1014
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April 10, 2016, 09:43:56 PM |
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is the Jackpot now + EV? if not at what price will it be +EV? Yes its currently + EV. Can you show us your calculation? According to my calculation JP should be over 1BTC to be EV+ Jackpot win chance 1/1000000 at 100 bit bets wich equals 100BTC wagered and ev for 100BTC wagered is -1BTC With 1 million bets at 100 bits each and a 1% house edge we get .5 BTC in commissions from Moneypot. 20% of our earnings that is 0.1 BTC will then be the expected value of the progressive jackpot. With the progressive jackpot currently at almost .15 BTC it already passed the expected jackpot value. Its not EV+ for the player
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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elm
Legendary
Offline
Activity: 1050
Merit: 1000
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April 10, 2016, 09:49:06 PM |
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is the Jackpot now + EV? if not at what price will it be +EV? Yes its currently + EV. Can you show us your calculation? According to my calculation JP should be over 1BTC to be EV+ Jackpot win chance 1/1000000 at 100 bit bets wich equals 100BTC wagered and ev for 100BTC wagered is -1BTC With 1 million bets at 100 bits each and a 1% house edge we get .5 BTC in commissions from Moneypot. 20% of our earnings that is 0.1 BTC will then be the expected value of the progressive jackpot. With the progressive jackpot currently at almost .15 BTC it already passed the expected jackpot value. Its not EV+ for the player I agree and would say it is not +EV for the player and even very far away right now but I understand now OPs point of view
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Bit-Exo.com (OP)
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April 10, 2016, 10:03:54 PM |
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is the Jackpot now + EV? if not at what price will it be +EV? Yes its currently + EV. Can you show us your calculation? According to my calculation JP should be over 1BTC to be EV+ Jackpot win chance 1/1000000 at 100 bit bets wich equals 100BTC wagered and ev for 100BTC wagered is -1BTC With 1 million bets at 100 bits each and a 1% house edge we get .5 BTC in commissions from Moneypot. 20% of our earnings that is 0.1 BTC will then be the expected value of the progressive jackpot. With the progressive jackpot currently at almost .15 BTC it already passed the expected jackpot value. Its not EV+ for the player I assumed he asked if the jackpot now is +EV, Not if it's +EV for the player.
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ranlo
Legendary
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Activity: 1988
Merit: 1007
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April 10, 2016, 10:12:21 PM |
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Just to add on to the EV discussion, technically, it could be as low as 0.8 to become +EV (since HE can be lowered to 0.8%).
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joksim299
Legendary
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Activity: 2212
Merit: 1014
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April 10, 2016, 11:15:46 PM Last edit: April 10, 2016, 11:41:48 PM by joksim299 |
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Just to add on to the EV discussion, technically, it could be as low as 0.8 to become +EV (since HE can be lowered to 0.8%).
Its still far away from being EV+ at the moment. It would be EV+ whenever it reach 0.1 (or 0.08 at 0.8%HE) at same chances as 100 bit bet.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Bit-Exo.com (OP)
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April 11, 2016, 03:50:53 PM |
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Jackpot Rules:The Jackpot is available to any user betting on our casino and can be won on any game so you can continue to play your favorite game. The Jackpot amount is progressive based on the sites wager. In order to qualify for the Jackpot your bets wager must be at least 0.00000100 BTC. The winner is determined by the Raw_Outcome of the wager. A winning bet is one that the Raw_Outcome is less than 4295 for bets 0.00010000 BTC and above. This works out to a chance of 1 in 1 Million Bets. Bets less than 0.00010000 BTC and above 0.00000100 BTC can still win the jackpot but the lower your wager the more challenging it becomes with 0.00000100 BTC bets having 1% the chance a bet greater than or equal to 0.00010000 BTC has. The winner of each round will be announced in chat and the prizes will be manually transferred within 8 hours. Funds progressive Jackpot:-20-30% of our earnings on all your bets are added to the progressive jackpot. The current Progressive Jackpot (expected 0.1 BTC) has already passed 0.193 BTC and keeps rising with every bet placed!
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panjul07
Legendary
Offline
Activity: 3724
Merit: 1373
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April 11, 2016, 05:24:16 PM |
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Just rolled 0.0001 on the dice game and almost hit the jackpot but the raw outcome is not less than required https://www.moneypot.com/bets/109708046Does it mean that low raw outcome = low rolled number? As I investigated, every time I roll 0.0xx the raw outcome were low.
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Bit-Exo.com (OP)
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April 11, 2016, 06:19:01 PM |
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Just rolled 0.0001 on the dice game and almost hit the jackpot but the raw outcome is not less than required https://www.moneypot.com/bets/109708046Does it mean that low raw outcome = low rolled number? As I investigated, every time I roll 0.0xx the raw outcome were low. Yes that's correct.
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Bit-Exo.com (OP)
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April 12, 2016, 09:52:45 PM |
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Funds progressive Jackpot:-20-30% of our earnings on all your bets are added to the progressive jackpot. Hit the jackpot within 24 hours from this post and get 0.05 BTC added!The current Progressive Jackpot (expected 0.1 BTC) has already passed 0.26 BTC and keeps rising with every bet placed!
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Bit-Exo.com (OP)
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April 13, 2016, 12:40:50 PM |
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Update:
Leaderboard added! Rain updated (now only to active players)
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Bit-Exo.com (OP)
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April 13, 2016, 03:50:05 PM |
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The 0.05 added to the jackpot is still valid for 6 more hours! Come and have a chance to grab the ~ .285 btc progressive jackpot + 0.05 btc on one of our games now.
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panjul07
Legendary
Offline
Activity: 3724
Merit: 1373
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April 13, 2016, 05:15:30 PM |
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Update:
Leaderboard added! Rain updated (now only to active players)
Great, finally you make it better than before but question about active players : is it active on chat or betting or both chatting and betting?
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