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Author Topic: Jackpotracer presents ★★★Dust Lottery★★★DUST to BTC★★★  (Read 14594 times)
joksim299
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April 17, 2016, 08:56:36 PM
 #141

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

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JackpotRacer (OP)
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April 17, 2016, 09:21:44 PM
 #142

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

it looks you want to get rid again of your signature like last time when you deleted your posting but it was to late Grin Grin Grin
I also would suggest that you go back to school and take some maths lessons again  Grin but I am sure it will not help because your brain is damaged

lets see how long your signature manager will let you run around with their signature. you are a crying shame.


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joksim299
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April 17, 2016, 09:50:22 PM
 #143

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

it looks you want to get rid again of your signature like last time when you deleted your posting but it was to late Grin Grin Grin
I also would suggest that you go back to school and take some maths lessons again  Grin but I am sure it will not help because your brain is damaged

lets see how long your signature manager will let you run around with their signature. you are a crying shame.



You did not answer to my post regarding stealing of users.
That was funny.

JackpotRacer (OP)
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April 17, 2016, 10:35:54 PM
 #144

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

it looks you want to get rid again of your signature like last time when you deleted your posting but it was to late Grin Grin Grin
I also would suggest that you go back to school and take some maths lessons again  Grin but I am sure it will not help because your brain is damaged

lets see how long your signature manager will let you run around with their signature. you are a crying shame.



You did not answer to my post regarding stealing of users.
That was funny.

why should I answer to a brainless creature  Grin Grin Grin I could talk to the walls and it would be the same. I am sure you will lose also this time your signature because you are only spamming in all threads we are posting. shame to you and your signature campaign manager

enjoy

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DarkDays
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April 17, 2016, 10:48:14 PM
Last edit: April 18, 2016, 01:02:02 AM by DarkDays
 #145

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

Well, this should be easy to figure out.  He wagered 0.0000005BTC and won 4BTC.  He had to hit a perfect 6/6 which should be [6/49 x 5/48 x 4/47 x 3/46 x 2/45 x 1/44] = 1/13983816.  So he will lose, on average, .0000005BTC 13983815 times and win 4BTC 1 time.  So he will lose 6.9919075BTC to win 4BTC.  So, if he wagers 6.991908BTC, he will walk away with 4BTC (on average).  So the house edge appears to be ~42.79%.  Please let me know if I screwed up any of the math and I'll of course correct it.

EDIT: Sorry, I neglected to factor in the 4/6 and 5/6 payouts.

4/6 on a 50sat bet pays out x125 = .0000625BTC
5/6 on a 50sat bet pays out x1500 = .00075BTC

You'll hit 4/6 in ~.096862% of your games.
You'll hit 5/6 in ~.001845% of your games.

So, in the 13983816 games you'll play, you will hit 4/6 ~13545 times.  Each time you'll get .0000625BTC, so that's .84656274087BTC.
In the 13983816 games you'll play, you will hit 5/6 ~258 times.  Each time you'll get .00075BTC, so that's .1935010539BTC.

So 4BTC + .84656274087BTC + .1935010539BTC = ~5.04BTC.  So you will wager 6.99BTC and get 5.04BTC returned, for a house edge of ~27.89%.
joksim299
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April 17, 2016, 11:53:54 PM
Last edit: April 18, 2016, 12:41:50 AM by joksim299
 #146

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

Well, this should be easy to figure out.  He wagered 0.0000005BTC and won 4BTC.  He had to hit a perfect 6/6 which should be [6/49 x 5/48 x 4/47 x 3/46 x 2/45 x 1/44] = 1/13983816.  So he will lose, on average, .0000005BTC 13983815 times and win 4BTC 1 time.  So he will lose 6.9919075BTC to win 4BTC.  So, if he wagers 6.991908BTC, he will walk away with 4BTC (on average).  So the house edge appears to be ~42.79%.  Please let me know if I screwed up any of the math and I'll of course correct it.

Thats the house edge with JPR *fee included and 4/6 & 5/6 excluded

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April 18, 2016, 12:33:42 AM
 #147

looks promising but im a little confuse how to play it Undecided

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.
 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
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April 18, 2016, 12:35:47 AM
Last edit: April 18, 2016, 01:04:04 AM by DarkDays
 #148

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

Well, this should be easy to figure out.  He wagered 0.0000005BTC and won 4BTC.  He had to hit a perfect 6/6 which should be [6/49 x 5/48 x 4/47 x 3/46 x 2/45 x 1/44] = 1/13983816.  So he will lose, on average, .0000005BTC 13983815 times and win 4BTC 1 time.  So he will lose 6.9919075BTC to win 4BTC.  So, if he wagers 6.991908BTC, he will walk away with 4BTC (on average).  So the house edge appears to be ~42.79%.  Please let me know if I screwed up any of the math and I'll of course correct it.

Thats the house edge after JPR cut, isnt it too high?

If my math is correct, that's the overall house edge.  If you bet 1BTC, you should expect to get back .5721BTC.  I have no clue how the .4279BTC that you lose is divided.

And yes, for me that is way too high.  I have played on the site a little in the past but I def won't now.  

EDIT: Sorry, I forgot to include the smaller 4/6 and 5/6 payouts.  I included them in my original calculation post and came with a house edge of ~27.89%.  Please let me know if I omitted anything else and I'll revise my calculations.
joksim299
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April 18, 2016, 01:07:26 AM
 #149

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

Well, this should be easy to figure out.  He wagered 0.0000005BTC and won 4BTC.  He had to hit a perfect 6/6 which should be [6/49 x 5/48 x 4/47 x 3/46 x 2/45 x 1/44] = 1/13983816.  So he will lose, on average, .0000005BTC 13983815 times and win 4BTC 1 time.  So he will lose 6.9919075BTC to win 4BTC.  So, if he wagers 6.991908BTC, he will walk away with 4BTC (on average).  So the house edge appears to be ~42.79%.  Please let me know if I screwed up any of the math and I'll of course correct it.

Thats the house edge after JPR cut, isnt it too high?

If my math is correct, that's the overall house edge.  If you bet 1BTC, you should expect to get back .5721BTC.  I have no clue how the .4279BTC that you lose is divided.

And yes, for me that is way too high.  I have played on the site a little in the past but I def won't now.  

EDIT: Sorry, I forgot to include the smaller 4/6 and 5/6 payouts.  I included them in my original calculation post and came with a house edge of ~27.89%.  Please let me know if I omitted anything else and I'll revise my calculations.

Thats correct and up to date calculation, overall house edge of 27.89% is too high, users should consider it before playing.

JackpotRacer (OP)
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April 18, 2016, 07:00:58 AM
 #150

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

Well, this should be easy to figure out.  He wagered 0.0000005BTC and won 4BTC.  He had to hit a perfect 6/6 which should be [6/49 x 5/48 x 4/47 x 3/46 x 2/45 x 1/44] = 1/13983816.  So he will lose, on average, .0000005BTC 13983815 times and win 4BTC 1 time.  So he will lose 6.9919075BTC to win 4BTC.  So, if he wagers 6.991908BTC, he will walk away with 4BTC (on average).  So the house edge appears to be ~42.79%.  Please let me know if I screwed up any of the math and I'll of course correct it.

Thats the house edge after JPR cut, isnt it too high?

If my math is correct, that's the overall house edge.  If you bet 1BTC, you should expect to get back .5721BTC.  I have no clue how the .4279BTC that you lose is divided.

And yes, for me that is way too high.  I have played on the site a little in the past but I def won't now.  

EDIT: Sorry, I forgot to include the smaller 4/6 and 5/6 payouts.  I included them in my original calculation post and came with a house edge of ~27.89%.  Please let me know if I omitted anything else and I'll revise my calculations.

a simple edit and a simple sorry is not enough IMHO

first I thought "wow there is a full member and no signature campaign" and then I saw that you are  a farmer  Grin farming BCT accounts to sell those later for a profit and thats the reason for no signature.
to be frank I don't care and thats your business

but as it is our/my business you are attacking with false claims let me tell you my opinion.
you are jumping in a thread and confirming joksim's Bullsh*t. why would one do this? you could do your own maths but you didn't. hmmm why that?

my suspicion is that you are joksim and have a few more accounts here. we don't hide anything and I don't believe you that you are a customer of our app. we have only fine and decent customers and all are enjoying the game and our free promos and they are not shy to ask questions before they shoot into the dark

users like you are the reason that we will from now open self-moderated threads only

Please check my Scam accusation against 👉 Blackjack.fun 👈 to be always up to date
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JackpotRacer (OP)
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April 18, 2016, 07:09:27 AM
 #151

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

Well, this should be easy to figure out.  He wagered 0.0000005BTC and won 4BTC.  He had to hit a perfect 6/6 which should be [6/49 x 5/48 x 4/47 x 3/46 x 2/45 x 1/44] = 1/13983816.  So he will lose, on average, .0000005BTC 13983815 times and win 4BTC 1 time.  So he will lose 6.9919075BTC to win 4BTC.  So, if he wagers 6.991908BTC, he will walk away with 4BTC (on average).  So the house edge appears to be ~42.79%.  Please let me know if I screwed up any of the math and I'll of course correct it.

Thats the house edge after JPR cut, isnt it too high?

If my math is correct, that's the overall house edge.  If you bet 1BTC, you should expect to get back .5721BTC.  I have no clue how the .4279BTC that you lose is divided.

And yes, for me that is way too high.  I have played on the site a little in the past but I def won't now.  

EDIT: Sorry, I forgot to include the smaller 4/6 and 5/6 payouts.  I included them in my original calculation post and came with a house edge of ~27.89%.  Please let me know if I omitted anything else and I'll revise my calculations.

Thats correct and up to date calculation, overall house edge of 27.89% is too high, users should consider it before playing.

are you sure that this is correct  Grin Grin Grin because before it was 46% and so many different numbers now  Grin Grin Grin

as I said before I am sure you and the other poster are the same person. it is a shame that Yobit is accepting guys like you to their signature campaign. we canceled our account with Yobit and hoping many will follow if they don't stop people like you

oh and as our next game is soon online and we will have  a self-moderated thread  Grin


Please check my Scam accusation against 👉 Blackjack.fun 👈 to be always up to date
                       👇🏿👇👇👇👇👇👇👇🏿
https://bitcointalk.org/index.php?topic=5474047.0
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April 18, 2016, 07:14:36 AM
 #152

looks promising but im a little confuse how to play it Undecided


thank you for the kind words. please visit us and take advantage of our 1000 free bets promo and try the game out. who knows maybe you are the next winorgohome Smiley


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joksim299
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April 18, 2016, 01:19:22 PM
 #153

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

Well, this should be easy to figure out.  He wagered 0.0000005BTC and won 4BTC.  He had to hit a perfect 6/6 which should be [6/49 x 5/48 x 4/47 x 3/46 x 2/45 x 1/44] = 1/13983816.  So he will lose, on average, .0000005BTC 13983815 times and win 4BTC 1 time.  So he will lose 6.9919075BTC to win 4BTC.  So, if he wagers 6.991908BTC, he will walk away with 4BTC (on average).  So the house edge appears to be ~42.79%.  Please let me know if I screwed up any of the math and I'll of course correct it.

Thats the house edge after JPR cut, isnt it too high?

If my math is correct, that's the overall house edge.  If you bet 1BTC, you should expect to get back .5721BTC.  I have no clue how the .4279BTC that you lose is divided.

And yes, for me that is way too high.  I have played on the site a little in the past but I def won't now.  

EDIT: Sorry, I forgot to include the smaller 4/6 and 5/6 payouts.  I included them in my original calculation post and came with a house edge of ~27.89%.  Please let me know if I omitted anything else and I'll revise my calculations.

Thats correct and up to date calculation, overall house edge of 27.89% is too high, users should consider it before playing.

are you sure that this is correct  Grin Grin Grin because before it was 46% and so many different numbers now  Grin Grin Grin

as I said before I am sure you and the other poster are the same person. it is a shame that Yobit is accepting guys like you to their signature campaign. we canceled our account with Yobit and hoping many will follow if they don't stop people like you

oh and as our next game is soon online and we will have  a self-moderated thread  Grin



Yes it is correct. It was 46% because payouts for 4-5/6 were not included into calculation.
House edge is 27.89% with current payout table. I will ask one more user to verify calculation.

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April 18, 2016, 03:11:57 PM
 #154

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

Well, this should be easy to figure out.  He wagered 0.0000005BTC and won 4BTC.  He had to hit a perfect 6/6 which should be [6/49 x 5/48 x 4/47 x 3/46 x 2/45 x 1/44] = 1/13983816.  So he will lose, on average, .0000005BTC 13983815 times and win 4BTC 1 time.  So he will lose 6.9919075BTC to win 4BTC.  So, if he wagers 6.991908BTC, he will walk away with 4BTC (on average).  So the house edge appears to be ~42.79%.  Please let me know if I screwed up any of the math and I'll of course correct it.

Thats the house edge after JPR cut, isnt it too high?

If my math is correct, that's the overall house edge.  If you bet 1BTC, you should expect to get back .5721BTC.  I have no clue how the .4279BTC that you lose is divided.

And yes, for me that is way too high.  I have played on the site a little in the past but I def won't now.  

EDIT: Sorry, I forgot to include the smaller 4/6 and 5/6 payouts.  I included them in my original calculation post and came with a house edge of ~27.89%.  Please let me know if I omitted anything else and I'll revise my calculations.

Thats correct and up to date calculation, overall house edge of 27.89% is too high, users should consider it before playing.

are you sure that this is correct  Grin Grin Grin because before it was 46% and so many different numbers now  Grin Grin Grin

as I said before I am sure you and the other poster are the same person. it is a shame that Yobit is accepting guys like you to their signature campaign. we canceled our account with Yobit and hoping many will follow if they don't stop people like you

oh and as our next game is soon online and we will have  a self-moderated thread  Grin



Yes it is correct. It was 46% because payouts for 4-5/6 were not included into calculation.
House edge is 27.89% with current payout table. I will ask one more user to verify calculation.

haha you ask one more time  Grin Grin Grin

lets see how often you will have a chance to show your signature and as  I suggested before go back to school or take some lessons in maths and in english but maybe my english is that bad that you cant understand it  Grin Grin Grin

Please check my Scam accusation against 👉 Blackjack.fun 👈 to be always up to date
                       👇🏿👇👇👇👇👇👇👇🏿
https://bitcointalk.org/index.php?topic=5474047.0
DarkDays
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April 18, 2016, 05:15:07 PM
 #155


a simple edit and a simple sorry is not enough IMHO

first I thought "wow there is a full member and no signature campaign" and then I saw that you are  a farmer  Grin farming BCT accounts to sell those later for a profit and thats the reason for no signature.
to be frank I don't care and thats your business

but as it is our/my business you are attacking with false claims let me tell you my opinion.
you are jumping in a thread and confirming joksim's Bullsh*t. why would one do this? you could do your own maths but you didn't. hmmm why that?

my suspicion is that you are joksim and have a few more accounts here. we don't hide anything and I don't believe you that you are a customer of our app. we have only fine and decent customers and all are enjoying the game and our free promos and they are not shy to ask questions before they shoot into the dark

users like you are the reason that we will from now open self-moderated threads only

I don't follow.  Why am I a "farmer"?  How am I another user?  How am I "not doing my own maths"?  All I did was do my own math!  I clearly showed every piece of math I used, and openly asked people to point out if I did anything incorrectly.  When I noticed that I did, I corrected myself.  Why is this a bad thing?  If I'm wrong, please point it out and I'll of course correct it.  But all I'm seeing is someone viciously and without reason attacking someone who simply calculated a few numbers.  That's shady!  I presented my findings openly and without malice.  The fact that you cannot refute them and instead resort to blindly attacking me says a lot about you and the way that you run your business(s).  Shame on you.
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April 18, 2016, 08:14:26 PM
 #156

I don't follow.  Why am I a "farmer"?  How am I another user?  How am I "not doing my own maths"?  All I did was do my own math!  I clearly showed every piece of math I used, and openly asked people to point out if I did anything incorrectly.  When I noticed that I did, I corrected myself.  Why is this a bad thing? 

Because thats how JPR logic is, when he sees someone with signature then he would knock him down to say he is a sig farmer and while someone with legit question without any signature posts something bad about his site then it would be a an account farmer. The only things that he could take is positive post about his site and nothing else, its a shame how there are blatantly rude site operator here and moreover associated with MP
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April 18, 2016, 08:21:18 PM
 #157

I don't follow.  Why am I a "farmer"?  How am I another user?  How am I "not doing my own maths"?  All I did was do my own math!  I clearly showed every piece of math I used, and openly asked people to point out if I did anything incorrectly.  When I noticed that I did, I corrected myself.  Why is this a bad thing?  

Because thats how JPR logic is, when he sees someone with signature then he would knock him down to say he is a sig farmer and while someone with legit question without any signature posts something bad about his site then it would be a an account farmer. The only things that he could take is positive post about his site and nothing else, its a shame how there are blatantly rude site operator here and moreover associated with MP

oh yea was waiting for you to show up here  Grin Grin Grin

Congrats on another BTC.0013 and another step closer to your 30 posts per month in the gambling section!

edit:
forgot a link https://bitcointalk.org/index.php?topic=1199853.msg12594543#msg12594543
and another interesting message for you
https://bitcointalk.org/index.php?topic=1240278.msg12915227#msg12915227

Please check my Scam accusation against 👉 Blackjack.fun 👈 to be always up to date
                       👇🏿👇👇👇👇👇👇👇🏿
https://bitcointalk.org/index.php?topic=5474047.0
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April 18, 2016, 09:05:30 PM
 #158

I don't follow.  Why am I a "farmer"?  How am I another user?  How am I "not doing my own maths"?  All I did was do my own math!  I clearly showed every piece of math I used, and openly asked people to point out if I did anything incorrectly.  When I noticed that I did, I corrected myself.  Why is this a bad thing?  

Because thats how JPR logic is, when he sees someone with signature then he would knock him down to say he is a sig farmer and while someone with legit question without any signature posts something bad about his site then it would be a an account farmer. The only things that he could take is positive post about his site and nothing else, its a shame how there are blatantly rude site operator here and moreover associated with MP

oh yea was waiting for you to show up here  Grin Grin Grin

Congrats on another BTC.0013 and another step closer to your 30 posts per month in the gambling section!

edit:
forgot a link https://bitcointalk.org/index.php?topic=1199853.msg12594543#msg12594543
and another interesting message for you
https://bitcointalk.org/index.php?topic=1240278.msg12915227#msg12915227

Not sure how selling an account in the past makes me a "farmer" or how any of that makes me another user on this board, but whatever nonsense you have to tell yourself to satiate your ego. 

But just to be clear, you do not disagree that your house edge is 27.89%, right?  Because logically, if I was wrong about that you'd have said that instead of making baseless attacks and spending hours combing through my post history.  I showed all of the math I used so it's very easy for you or anyone else to point out an error. 

So please, continue to spew nonsense but let's all keep in mind the one thing that isn't nonsense: your house edge.  Which is 27.89%.

And I'll be honest with you.  I was going to leave it at that.  I read an interesting question about a site I've seen before, did some math, and posted my findings.  I like to do math, it's fun.  So your house edge is enormous, maybe people like giving you money I don't know.  But now that you've reacted so insanely and personally, you've forced me to look even deeper.  What are you hiding?

Remember: you did this

So we know that your house edge is 27.89%.  That means that if 6.99BTC is wagered, 5.04BTC will be returned.  So logically, the 1.95BTC that is lost by the player is split between you and MP.  That's how the arrangement works, right?  Oh no but wait.  On the MP page for your site, it says the "expected profit" is 9.27%.  That means that with the risk the bets made on your site are giving to them, they expect to have a 9.27% house edge.  So...if MP thinks they are getting 9.27% (which will be split with you), but the bets are ACTUALLY carrying an edge of 27.89%...where does the other 18.62% worth of house edge go?  Well on the site it says "We will split 0.1 of each BTC won by a user in equal parts to all users and Mods in chat when the Jackpot/Prize is hit".  So, with the 4BTC prize won with the 50sat bet, that means that .4BTC was rained out. 

So, 6.99BTC was wagered.  5.04BTC was returned from 4/6, 5/6, and 6/6 wins.  .4BTC was rained out.  So, MP thinks that on the 6.99BTC wagered, their profit is .647973BTC.  That's what they make from the house edge generated from the bets.  So after 5.04BTC is paid out from the lotto hits, .4BTC is rained out and .647973BTC is raked by MP...that leaves .902027BTC.  Where does that money go?  That's 12.9% of the overall amount bet!

Well let's see what the FAQs says:

"Q.: I bet 10 Satoshi and I win ~1.2585 BTC but get only 1 BTC. Why that?
A.: We pay out ~72% (all Lotteries pay out 40-60%)! We pay Affiliates, Chat Rain and we take a part for Promotions and costs etc."

Oh.  So, ok, we've covered "chat rain", what about "affiliates"?  Says on your site that "Each time a referral of yours wins the Jackpot, you will get a 8% commission (or 0.08 for each BTC won) of the reward amount."  And there's a nice chart showing that on a 50sat jackpot win, the affiliate will get .4BTC.  But wait, it also says "Please note that we will always deduct the 8% commission (or 0.08 for each BTC won) from the winner's Jackpot to pay the affiliate, even if the winner was not referred by an affiliate. The reason for this is that we want to give the affiliates a fair deal, and hinder players who were referred to us by an affiliate who choose to circumvent the affiliate link when opening their own account to avoid the affiliate payments. And yes, we will keep the 10% commission in case the winner was not referred to us".

So, best case scenario, you are taking an extra 7.18% house edge for yourself that MP doesn't know about.  But, in a lot of cases you are taking a full 12.9% extra house edge for yourself...that MP doesn't know about.  That's in addition to the 5.72% extra house edge that you rain out...that MP doesn't know about.

Seems like something that MP should know about. 
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April 19, 2016, 07:37:36 AM
Last edit: April 19, 2016, 04:08:22 PM by BTCforJoe
 #159

Hey JPR, Im going to speak extremely blunt here, because I respect you as a site admin.

You're derailing your own thread and making yourself look (a) like a fool and (b) guilty by avoiding the question that was mathematically presented to you regarding your House Edge percentage. You change the subject and keep directing the conversation to the "sig farming" or spamming or whatever, but what you fail to realize is that YOU are the one initiating a negative response from the person you are targeting your silly (and yes, from a third party unbiased perspective, they're very silly) accusations to. Stop acting so childish, man. You're trying to redirect the conversation, but, like I said earlier, it makes you look guilty by doing so.

I've never had anything mean to say to you, so I never have thus far, but I hope you don't take this as an attack; it's simply an observation and an opinion that I've formed for myself over the past few dozen posts. DarkDays has asked you a valid question regarding your HE, but you have yet to address it.

I'm curious, as well. He presented a logical argument, and you've responded with silly childish accusations. For any 3rd party bystander watching your thread, it looks as if you've been backed into a corner, and are trying to misdirect the conversation by attacking the person that asked the logical question. In turn, that makes you look guilty, and personally (and you know I have nothing against you), I have lost a bit of respect for you in the last couple of posts.

As a player on your site, I understand the terms going in as stated in your threads, and I have no problems with splitting my jackpot with you if I win, especially when coming from one of your promos, and we've already discussed in your chat that I would send you some more to make it rain even more for your chatters.

But come on, man, act like an adult please and at least save some face and address DarkDay's concerns about your house edge instead of continually redirecting the conversation. Cheers!

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April 19, 2016, 03:18:52 PM
 #160

Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

it looks you want to get rid again of your signature like last time when you deleted your posting but it was to late Grin Grin Grin
I also would suggest that you go back to school and take some maths lessons again  Grin but I am sure it will not help because your brain is damaged


lets see how long your signature manager will let you run around with their signature. you are a crying shame.



Calculation by ndnhc

Odds of getting 6/6 => 6/49 x 5/48 x 4/47 x 3/46 x 2/45 x 1/44 (copy pasted Grin) = 1/13983816
(confirmed from the site)
Payout => 10,000,000 times

Odds of getting 5/6 => 6/49 x 5/48 x 4/47 x 3/46 x 2/45 = 1/317814
Payout => 1,500 times (or is it ~75% of that?)

Odds of getting 4/6 => 6/49 x 5/48 x 4/47 x 3/46 = 1/14125
Payout => 125 times


1/13,983,816 * 10,000,000 + 1/317814 * 1500 + 1/14125 * 125 + 0 = 72.86%


Return to Player : 72.86%
Distributed in chat : 7.286%

Affiliate (if n/a to house) : 5.8288%
House : 14.0252%




Most users are not familiar with HE,odds and T&C before they start playing.

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