Bitsweep.ga MINESWEEPER GAME with JACKPOT upto 10BTC [MONEYPOT]

[Bitsweep]

https://s17.postimg.org/3pym975dr/bitsweep.png


MINESWEEPER GAME

BITSWEEP



LESS THAN 1% HOUSE EDGE

MONEYPOT

PROVABLY FAIR

CHANCE OF HITTING the JACKPOT on EACH BET*

JACKPOT PRIZE is 1,000x your BET AMOUNT UPTO 10BTC!



MAX BET IS 20,000Bits per click
 
Bets higher than 1,000Bits will appear on the High Rollers Tab

You can use the faucet to try hitting the jackpot! Claim every 5 minutes!

GOODLUCK TO ALL!

*RAW OUTCOME MUST BE 55,000 and below

 More features will be added soon!

[1715114716]

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[superiorus]

Each time I see a .GA domain I ask myself: why the hell that guy did not bought a decent url (.COM, .NET)?
It is 8$ too much to start a gambling website? I don't think so ...
Anyway ...good luck!

[Bitsweep]

Each time I see a .GA domain I ask myself: why the hell that guy did not bought a decent url (.COM, .NET)?
It is 8$ too much to start a gambling website? I don't think so ...
Anyway ...good luck!

I'm still looking for a .com domain that is available, most of the names i tried is already taken by someone so i decided to take the .ga first while looking for a decent .com name

[JackpotRacer]

Each time I see a .GA domain I ask myself: why the hell that guy did not bought a decent url (.COM, .NET)?
It is 8$ too much to start a gambling website? I don't think so ...
Anyway ...good luck!

I'm still looking for a .com domain that is available, most of the names i tried is already taken by someone so i decided to take the .ga first while looking for a decent .com name

why did MP not verify your domain yet?

thx and good luck

[Bitsweep]

Each time I see a .GA domain I ask myself: why the hell that guy did not bought a decent url (.COM, .NET)?
It is 8$ too much to start a gambling website? I don't think so ...
Anyway ...good luck!

I'm still looking for a .com domain that is available, most of the names i tried is already taken by someone so i decided to take the .ga first while looking for a decent .com name

why did MP not verify your domain yet?

thx and good luck

I don't know, maybe they have some rules before verifying someone's APP. hopefully they can verify mine as soon as i got a new domain name

[stiffbud]

Each time I see a .GA domain I ask myself: why the hell that guy did not bought a decent url (.COM, .NET)?
It is 8$ too much to start a gambling website? I don't think so ...
Anyway ...good luck!

I'm still looking for a .com domain that is available, most of the names i tried is already taken by someone so i decided to take the .ga first while looking for a decent .com name

why did MP not verify your domain yet?

thx and good luck

I don't know, maybe they have some rules before verifying someone's APP. hopefully they can verify mine as soon as i got a new domain name

Starting a gambling with a cheap domain isn't really that attractive. If you are having a hard time finding an availble domain name you should've postponed releasing your game first to public.
Your display is giving me this

Code:

var Footer = React.createClass({ displayName: 'Footer', render: function() { return el.div( {
 className: 'text-center text-muted', style: 
{ marginTop: '200px' } }, 'Credits: ', el.a( { href: 'https://www.moneypot.com/apps/584-sweepabit
' }, 'Dexon' ) ); } });

You may also want to make a better looking logo and ui before offering that 20btc jackpot.

[Erza]

You may also want to make a better looking logo and ui before offering that 20btc jackpot.

Does it really matter? As long as people can get their 20 btc jackpot, i think there will be many people will play on his site though, although they dont have good ui and better logo. But all of that can be slowly change though. They really need a lot of attention for this kind of game, that is why he offer something good like 20 btc jackpot to attract more people. But they really need to change their domain too before they really publish it because .com is always better than other domain

[Blitzboy]

I am a little bit scared when I see a .ga domain. If you decide to make a gambling site, at least you need to buy a trustful domain to make people believe in your system. Anyway, let's see how your site work. Please add more image to make it more attractive. Your site is so boring. It makes me sick, and I want to give up playing this site

[panjul07]

You may also want to make a better looking logo and ui before offering that 20btc jackpot.

Does it really matter? As long as people can get their 20 btc jackpot, i think there will be many people will play on his site though, although they dont have good ui and better logo. But all of that can be slowly change though. They really need a lot of attention for this kind of game, that is why he offer something good like 20 btc jackpot to attract more people. But they really need to change their domain too before they really publish it because .com is always better than other domain

First impression is always come from what we see, so good UI is always a matter for gamblers. Even if the site offers so huge jackpot but they have terrible UI then players will think twice to play on the site. Jackpot is indeed a great way to attract players but not all players are interested to play only for jackpot. Jackpot is something that hard to get, real players will only focus on how to get some profit on their betting instead of focusing to hit jackpot.

[~Bitcoin~]

The app that directed you here did not supply a valid request.
Reason: redirect_uri does not match any of the URIs configured by the app operator
Until the operator of the app complies with the MoneyPot API, you cannot authorize this app.

You better fix the above error without authorizing we can't even try. Also you can try using full page user interface with some bigger boxes.

[JackpotRacer]

Thank you for taking my idea of 20 BTC Jackpot and 10,000x Payout. 

he did it a bit different and 20 BTC is max win anyway so he could not chose a 40 BTC Jackpot

question now is who is offering the better one?

btw you didnt answer yet my question in your thread

[gapjustin]

Thank you for taking my idea of 20 BTC Jackpot and 10,000x Payout. 

he did it a bit different and 20 BTC is max win anyway so he could not chose a 40 BTC Jackpot

question now is who is offering the better one?

btw you didnt answer yet my question in your thread

I can tell you that patrick's one is better, as he can have bets above 2000 bits and makes the winchance for the jackpot higher instead of the jackpot itself!

[JackpotRacer]

Thank you for taking my idea of 20 BTC Jackpot and 10,000x Payout. 

he did it a bit different and 20 BTC is max win anyway so he could not chose a 40 BTC Jackpot

question now is who is offering the better one?

btw you didnt answer yet my question in your thread

I can tell you that patrick's one is better, as he can have bets above 2000 bits and makes the winchance for the jackpot higher instead of the jackpot itself!

I told you long ago you are a talented coder and a smart kid but you should not be here right now

a user wrote that playing sweeper game each click on a tile is a new single bet. can anyone confirm this

[gapjustin]

Thank you for taking my idea of 20 BTC Jackpot and 10,000x Payout. 

he did it a bit different and 20 BTC is max win anyway so he could not chose a 40 BTC Jackpot

question now is who is offering the better one?

btw you didnt answer yet my question in your thread

I can tell you that patrick's one is better, as he can have bets above 2000 bits and makes the winchance for the jackpot higher instead of the jackpot itself!

I told you long ago you are a talented coder and a smart kid but you should not be here right now

a user wrote that playing sweeper game each click on a tile is a new single bet. can anyone confirm this

Wasn't it Dexon who created the first sweeper? He made it open source.
Also let's not talk about that lol I just want to help people with my knawledge here since patrick is a nice guy

[JackpotRacer]

Thank you for taking my idea of 20 BTC Jackpot and 10,000x Payout.  

he did it a bit different and 20 BTC is max win anyway so he could not chose a 40 BTC Jackpot

question now is who is offering the better one?

btw you didnt answer yet my question in your thread

I can tell you that patrick's one is better, as he can have bets above 2000 bits and makes the winchance for the jackpot higher instead of the jackpot itself!

I told you long ago you are a talented coder and a smart kid but you should not be here right now

a user wrote that playing sweeper game each click on a tile is a new single bet. can anyone confirm this

Wasn't it Dexon who created the first sweeper? He made it open source.
Also let's not talk about that lol I just want to help people with my knawledge here since patrick is a nice guy

all sweepers are dexon's but I dont know why you brought it up now lol

who said that patrick is not a nice guy? and OP is also a very nice guy

thats what I said you are talented and smart and can help the people but you should not own a casino and not gamble at least for the next 2 years.

edit
I am talking like a grandpa to you

[gapjustin]

Thank you for taking my idea of 20 BTC Jackpot and 10,000x Payout.  

he did it a bit different and 20 BTC is max win anyway so he could not chose a 40 BTC Jackpot

question now is who is offering the better one?

btw you didnt answer yet my question in your thread

I can tell you that patrick's one is better, as he can have bets above 2000 bits and makes the winchance for the jackpot higher instead of the jackpot itself!

I told you long ago you are a talented coder and a smart kid but you should not be here right now

a user wrote that playing sweeper game each click on a tile is a new single bet. can anyone confirm this

Wasn't it Dexon who created the first sweeper? He made it open source.
Also let's not talk about that lol I just want to help people with my knawledge here since patrick is a nice guy

all sweepers are dexon's but I dont know why you brought it up now lol

who said that patrick is not a nice guy? and OP is also a very nice guy

thats what I said you are talented and smart and can help the people but you should not own a casino and not gamble at least for the next 2 years.

edit
I am talking like a grandpa to you

"a user wrote that playing sweeper game each click on a tile is a new single bet. can anyone confirm this" this is why, probably misread it I guess

[J_ROC]

Not All are Dexons but "most" are.

And yes can confirm that each click on a tile is an independent bet.  As the board is slowly cleared each bet odds are recalculated to reflect the few tiles available.  A loss will show a bomb under that tile and will populate the whole board at random with bombs.  Until mp has V2 this is the only way for this game to work.

Good job tho with the math to add the Jackpot range to each bet!

[piebeyb]

I do not have moneypot some reason until now I have not used moneypot, Does the site you also accept bitcoin deposits other than moneypot

[JackpotRacer]

Not All are Dexons but "most" are.

And yes can confirm that each click on a tile is an independent bet.  As the board is slowly cleared each bet odds are recalculated to reflect the few tiles available.  A loss will show a bomb under that tile and will populate the whole board at random with bombs.  Until mp has V2 this is the only way for this game to work.

Good job tho with the math to add the Jackpot range to each bet!

hey

thx for confirming

who did the good job? regarding Jackpot range to each bet

I am still learning this sweeper game cause we also want to add a Jackpot. but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo

I already asked in another thread but didnt get clear answer

[DarkStar_]

but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo

That doesn't make sense, as if it isn't +EV for the player, MP will accept it (unless the win is too high vs the edge). It is +EV for the investor, as the chance is so low, it has a very low expected value, and simply lowers the edge of the bet.

I do not have moneypot some reason until now I have not used moneypot, Does the site you also accept bitcoin deposits other than moneypot

No, as all 100% moneypot apps don't have an independent deposit system. Not a huge point using moneypot and than operating your own bankroll and backend.

[JackpotRacer]

but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo

That doesn't make sense, as if it isn't +EV for the player, MP will accept it (unless the win is too high vs the edge). It is +EV for the investor, as the chance is so low, it has a very low expected value, and simply lowers the edge of the bet.

I meant it is not +ev for the investors but maybe I am wrong cause I am not familiar with the sweeper game but JRoc confirmed that each click on a tile is an independent bet

let me do the math (my math) and you tell me please what I missed here and hopefully I can learn something out of this

Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average and
JP payout is wager x 10 000

lets do a simple example and lets take a wager of 100 bits. I am the player and wager 750 511 times 100 bits
equals 75 051 100  
HE of 0.95% = leaves 712 985 bits for MP/Investors and app owner (they split 50/50)

I will hit in average 1 in 750511 bets the JP and get 10 000 x 100 bits = 1 000 000 bits
but my average loss according to HE of 0.95% is 712 985 bits

app owner and MP/Investors split 712 985 bits = each side gets 356 492 bits  
but MP/Investors pay a JP of 1 000 000 bits and they only earned 356 492 bits

what did I miss here cause as soon MP/Investors are paying the JP for me this is not +ev and should not be accepted by MP/Investors

thx for reading and trying to help me to find my wrong thinking


edit
Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average
it should be 740 511 sorry for the typo

[joksim299]

but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo

That doesn't make sense, as if it isn't +EV for the player, MP will accept it (unless the win is too high vs the edge). It is +EV for the investor, as the chance is so low, it has a very low expected value, and simply lowers the edge of the bet.

I meant it is not +ev for the investors but maybe I am wrong cause I am not familiar with the sweeper game but JRoc confirmed that each click on a tile is an independent bet

let me do the math (my math) and you tell me please what I missed here and hopefully I can learn something out of this

Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average and
JP payout is wager x 10 000

lets do a simple example and lets take a wager of 100 bits. I am the player and wager 750 511 times 100 bits
equals 75 051 100  
HE of 0.95% = leaves 712 985 bits for MP/Investors and app owner (they split 50/50)

I will hit in average 1 in 750511 bets the JP and get 10 000 x 100 bits = 1 000 000 bits
but my average loss according to HE of 0.95% is 712 985 bits

app owner and MP/Investors split 712 985 bits = each side gets 356 492 bits  
but MP/Investors pay a JP of 1 000 000 bits and they only earned 356 492 bits

what did I miss here cause as soon MP/Investors are paying the JP for me this is not +ev and should not be accepted by MP/Investors

thx for reading and trying to help me to find my wrong thinking

Lets take for example this bet https://www.moneypot.com/bets/643897416

Expected Value after 740510 (1bit bets) for Minesweeper without Jackpot would be -17031 bits for the player  (he of 2.32%) and add to it payout of 10000 bits (jackpot) at the end expected loss for the player is 7031 bits or 0.95% of total bet amount.
Jackpot bet has a house edge of 98.86% without Minesweeper bet combined.

[Bitsweep]

Thank you for taking my idea of 20 BTC Jackpot and 10,000x Payout. 

he did it a bit different and 20 BTC is max win anyway so he could not chose a 40 BTC Jackpot

question now is who is offering the better one?

btw you didnt answer yet my question in your thread

I can tell you that patrick's one is better, as he can have bets above 2000 bits and makes the winchance for the jackpot higher instead of the jackpot itself!

Can you still make bets above 2,000 bits on other minesweeper games with jackpot like this? I tried to bet 2,001bits on patrick's yesterday but it doesn't getting through

[JackpotRacer]

Thank you for taking my idea of 20 BTC Jackpot and 10,000x Payout. 

he did it a bit different and 20 BTC is max win anyway so he could not chose a 40 BTC Jackpot

question now is who is offering the better one?

btw you didnt answer yet my question in your thread

I can tell you that patrick's one is better, as he can have bets above 2000 bits and makes the winchance for the jackpot higher instead of the jackpot itself!

Can you still make bets above 2,000 bits on other minesweeper games with jackpot like this? I tried to bet 2,001bits on patrick's yesterday but it doesn't getting through

maybe the owner changed the set up again and the kid didnt know about it

[gapjustin]

but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo

That doesn't make sense, as if it isn't +EV for the player, MP will accept it (unless the win is too high vs the edge). It is +EV for the investor, as the chance is so low, it has a very low expected value, and simply lowers the edge of the bet.

I meant it is not +ev for the investors but maybe I am wrong cause I am not familiar with the sweeper game but JRoc confirmed that each click on a tile is an independent bet

let me do the math (my math) and you tell me please what I missed here and hopefully I can learn something out of this

Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average and
JP payout is wager x 10 000

lets do a simple example and lets take a wager of 100 bits. I am the player and wager 750 511 times 100 bits
equals 75 051 100  
HE of 0.95% = leaves 712 985 bits for MP/Investors and app owner (they split 50/50)

I will hit in average 1 in 750511 bets the JP and get 10 000 x 100 bits = 1 000 000 bits
but my average loss according to HE of 0.95% is 712 985 bits

app owner and MP/Investors split 712 985 bits = each side gets 356 492 bits  
but MP/Investors pay a JP of 1 000 000 bits and they only earned 356 492 bits

what did I miss here cause as soon MP/Investors are paying the JP for me this is not +ev and should not be accepted by MP/Investors

thx for reading and trying to help me to find my wrong thinking


edit
Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average
it should be 740 511 sorry for the typo

Simple, the odds to hit a mine right a way with 1 mine on 25 blocks isn't 1/25 its between 1/25 and 1/26
So less chance to bormally win in exchange for the jackpot. This or you win a little bit less every click.

[JackpotRacer]

but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo

That doesn't make sense, as if it isn't +EV for the player, MP will accept it (unless the win is too high vs the edge). It is +EV for the investor, as the chance is so low, it has a very low expected value, and simply lowers the edge of the bet.

I meant it is not +ev for the investors but maybe I am wrong cause I am not familiar with the sweeper game but JRoc confirmed that each click on a tile is an independent bet

let me do the math (my math) and you tell me please what I missed here and hopefully I can learn something out of this

Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average and
JP payout is wager x 10 000

lets do a simple example and lets take a wager of 100 bits. I am the player and wager 750 511 times 100 bits
equals 75 051 100  
HE of 0.95% = leaves 712 985 bits for MP/Investors and app owner (they split 50/50)

I will hit in average 1 in 750511 bets the JP and get 10 000 x 100 bits = 1 000 000 bits
but my average loss according to HE of 0.95% is 712 985 bits

app owner and MP/Investors split 712 985 bits = each side gets 356 492 bits  
but MP/Investors pay a JP of 1 000 000 bits and they only earned 356 492 bits

what did I miss here cause as soon MP/Investors are paying the JP for me this is not +ev and should not be accepted by MP/Investors

thx for reading and trying to help me to find my wrong thinking


edit
Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average
it should be 740 511 sorry for the typo

Simple, the odds to hit a mine right a way with 1 mine on 25 blocks isn't 1/25 its between 1/25 and 1/26
So less chance to bormally win in exchange for the jackpot. This or you win a little bit less every click.

where was my math wrong and can you do the same math your way so I see that it is a +EV JP for investors

thx

[joksim299]

but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo

That doesn't make sense, as if it isn't +EV for the player, MP will accept it (unless the win is too high vs the edge). It is +EV for the investor, as the chance is so low, it has a very low expected value, and simply lowers the edge of the bet.

I meant it is not +ev for the investors but maybe I am wrong cause I am not familiar with the sweeper game but JRoc confirmed that each click on a tile is an independent bet

let me do the math (my math) and you tell me please what I missed here and hopefully I can learn something out of this

Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average and
JP payout is wager x 10 000

lets do a simple example and lets take a wager of 100 bits. I am the player and wager 750 511 times 100 bits
equals 75 051 100  
HE of 0.95% = leaves 712 985 bits for MP/Investors and app owner (they split 50/50)

I will hit in average 1 in 750511 bets the JP and get 10 000 x 100 bits = 1 000 000 bits
but my average loss according to HE of 0.95% is 712 985 bits

app owner and MP/Investors split 712 985 bits = each side gets 356 492 bits  
but MP/Investors pay a JP of 1 000 000 bits and they only earned 356 492 bits

what did I miss here cause as soon MP/Investors are paying the JP for me this is not +ev and should not be accepted by MP/Investors

thx for reading and trying to help me to find my wrong thinking


edit
Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average
it should be 740 511 sorry for the typo

Simple, the odds to hit a mine right a way with 1 mine on 25 blocks isn't 1/25 its between 1/25 and 1/26
So less chance to bormally win in exchange for the jackpot. This or you win a little bit less every click.

where was my math wrong and can you do the same math your way so I see that it is a +EV JP for investors

thx

I explained you that it is not EV+ few posts above.
You have to take both outcomes into consideration.

Lets take for example this bet https://www.moneypot.com/bets/643897416

Expected Value after 740510 (1bit bets) for Minesweeper without Jackpot would be -17031 bits for the player  (he of 2.32%) and add to it payout of 10000 bits (jackpot) at the end expected loss for the player is 7031 bits or 0.95% of total bet amount.
Jackpot bet has a house edge of 98.86% without Minesweeper bet combined.

[JackpotRacer]

but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo

That doesn't make sense, as if it isn't +EV for the player, MP will accept it (unless the win is too high vs the edge). It is +EV for the investor, as the chance is so low, it has a very low expected value, and simply lowers the edge of the bet.

I meant it is not +ev for the investors but maybe I am wrong cause I am not familiar with the sweeper game but JRoc confirmed that each click on a tile is an independent bet

let me do the math (my math) and you tell me please what I missed here and hopefully I can learn something out of this

Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average and
JP payout is wager x 10 000

lets do a simple example and lets take a wager of 100 bits. I am the player and wager 750 511 times 100 bits
equals 75 051 100  
HE of 0.95% = leaves 712 985 bits for MP/Investors and app owner (they split 50/50)

I will hit in average 1 in 750511 bets the JP and get 10 000 x 100 bits = 1 000 000 bits
but my average loss according to HE of 0.95% is 712 985 bits

app owner and MP/Investors split 712 985 bits = each side gets 356 492 bits  
but MP/Investors pay a JP of 1 000 000 bits and they only earned 356 492 bits

what did I miss here cause as soon MP/Investors are paying the JP for me this is not +ev and should not be accepted by MP/Investors

thx for reading and trying to help me to find my wrong thinking


edit
Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average
it should be 740 511 sorry for the typo

Simple, the odds to hit a mine right a way with 1 mine on 25 blocks isn't 1/25 its between 1/25 and 1/26
So less chance to bormally win in exchange for the jackpot. This or you win a little bit less every click.

where was my math wrong and can you do the same math your way so I see that it is a +EV JP for investors

thx

I explained you that it is not EV+ few posts above.
You have to take both outcomes into consideration.

Lets take for example this bet https://www.moneypot.com/bets/643897416

Expected Value after 740510 (1bit bets) for Minesweeper without Jackpot would be -17031 bits for the player  (he of 2.32%) and add to it payout of 10000 bits (jackpot) at the end expected loss for the player is 7031 bits or 0.95% of total bet amount.
Jackpot bet has a house edge of 98.86% without Minesweeper bet combined.

sorry it looks that I did not understand your explanation. do you have it ELI5?

I explained you that it is not EV+   what you mean with not +EV? for player or MP/Investors?

my opinion is or was that it is not +EV for MP/Investors and MP/Investors should not accept it

[joksim299]

but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo

That doesn't make sense, as if it isn't +EV for the player, MP will accept it (unless the win is too high vs the edge). It is +EV for the investor, as the chance is so low, it has a very low expected value, and simply lowers the edge of the bet.

I meant it is not +ev for the investors but maybe I am wrong cause I am not familiar with the sweeper game but JRoc confirmed that each click on a tile is an independent bet

let me do the math (my math) and you tell me please what I missed here and hopefully I can learn something out of this

Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average and
JP payout is wager x 10 000

lets do a simple example and lets take a wager of 100 bits. I am the player and wager 750 511 times 100 bits
equals 75 051 100  
HE of 0.95% = leaves 712 985 bits for MP/Investors and app owner (they split 50/50)

I will hit in average 1 in 750511 bets the JP and get 10 000 x 100 bits = 1 000 000 bits
but my average loss according to HE of 0.95% is 712 985 bits

app owner and MP/Investors split 712 985 bits = each side gets 356 492 bits  
but MP/Investors pay a JP of 1 000 000 bits and they only earned 356 492 bits

what did I miss here cause as soon MP/Investors are paying the JP for me this is not +ev and should not be accepted by MP/Investors

thx for reading and trying to help me to find my wrong thinking


edit
Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average
it should be 740 511 sorry for the typo

Simple, the odds to hit a mine right a way with 1 mine on 25 blocks isn't 1/25 its between 1/25 and 1/26
So less chance to bormally win in exchange for the jackpot. This or you win a little bit less every click.

where was my math wrong and can you do the same math your way so I see that it is a +EV JP for investors

thx

I explained you that it is not EV+ few posts above.
You have to take both outcomes into consideration.

Lets take for example this bet https://www.moneypot.com/bets/643897416

Expected Value after 740510 (1bit bets) for Minesweeper without Jackpot would be -17031 bits for the player  (he of 2.32%) and add to it payout of 10000 bits (jackpot) at the end expected loss for the player is 7031 bits or 0.95% of total bet amount.
Jackpot bet has a house edge of 98.86% without Minesweeper bet combined.

sorry it looks that I did not understand your explanation. do you have it ELI5?

I explained you that it is not EV+   what you mean with not +EV? for player or MP/Investors?

my opinion is or was that it is not +EV for MP/Investors and MP/Investors should not accept it

It is not EV+ for the player and is EV+ for MoneyPot investors.
You have to calculate expected values for both outcomes one by one.
If you play 740510 bets at 1bit it is expected for you to lose 7031 bit after winning jackpot.

[JackpotRacer]

but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo

That doesn't make sense, as if it isn't +EV for the player, MP will accept it (unless the win is too high vs the edge). It is +EV for the investor, as the chance is so low, it has a very low expected value, and simply lowers the edge of the bet.

I meant it is not +ev for the investors but maybe I am wrong cause I am not familiar with the sweeper game but JRoc confirmed that each click on a tile is an independent bet

let me do the math (my math) and you tell me please what I missed here and hopefully I can learn something out of this

Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average and
JP payout is wager x 10 000

lets do a simple example and lets take a wager of 100 bits. I am the player and wager 750 511 times 100 bits
equals 75 051 100  
HE of 0.95% = leaves 712 985 bits for MP/Investors and app owner (they split 50/50)

I will hit in average 1 in 750511 bets the JP and get 10 000 x 100 bits = 1 000 000 bits
but my average loss according to HE of 0.95% is 712 985 bits

app owner and MP/Investors split 712 985 bits = each side gets 356 492 bits  
but MP/Investors pay a JP of 1 000 000 bits and they only earned 356 492 bits

what did I miss here cause as soon MP/Investors are paying the JP for me this is not +ev and should not be accepted by MP/Investors

thx for reading and trying to help me to find my wrong thinking


edit
Probability 0.00013504177331924438% translates to a chance to hit the JP  1 in 750 511 bets in average
it should be 740 511 sorry for the typo

Simple, the odds to hit a mine right a way with 1 mine on 25 blocks isn't 1/25 its between 1/25 and 1/26
So less chance to bormally win in exchange for the jackpot. This or you win a little bit less every click.

where was my math wrong and can you do the same math your way so I see that it is a +EV JP for investors

thx

I explained you that it is not EV+ few posts above.
You have to take both outcomes into consideration.

Lets take for example this bet https://www.moneypot.com/bets/643897416

Expected Value after 740510 (1bit bets) for Minesweeper without Jackpot would be -17031 bits for the player  (he of 2.32%) and add to it payout of 10000 bits (jackpot) at the end expected loss for the player is 7031 bits or 0.95% of total bet amount.
Jackpot bet has a house edge of 98.86% without Minesweeper bet combined.

sorry it looks that I did not understand your explanation. do you have it ELI5?

I explained you that it is not EV+   what you mean with not +EV? for player or MP/Investors?

my opinion is or was that it is not +EV for MP/Investors and MP/Investors should not accept it

It is not EV+ for the player and is EV+ for MoneyPot investors.
You have to calculate expected values for both outcomes one by one.
If you play 740510 bets at 1bit it is expected for you to lose 7031 bit after winning jackpot.

@bunt and @J_roc said each click is an independent bet. is it ? or not?

[Bitsweep]

jackpot chance is adjusted, raw outcome must be 0 - 55,000 to win 1,000x your bet amount upto 20BTC!

[joksim299]

jackpot chance is adjusted, raw outcome must be 0 - 55,000 to win 1,000x your bet amount upto 20BTC!

You have to adjust it to the max win which is ~1% of the bankroll,trying to win more than 1% of bankroll will produce an error 'Possible Win Too High'

[Bitsweep]

jackpot chance is adjusted, raw outcome must be 0 - 55,000 to win 1,000x your bet amount upto 20BTC!

You have to adjust it to the max win which is ~1% of the bankroll,trying to win more than 1% of bankroll will produce an error 'Possible Win Too High'

adjusted to max 10btc, thanks for letting me know

[JackpotRacer]

jackpot chance is adjusted, raw outcome must be 0 - 55,000 to win 1,000x your bet amount upto 20BTC!

You have to adjust it to the max win which is ~1% of the bankroll,trying to win more than 1% of bankroll will produce an error 'Possible Win Too High'

adjusted to max 10btc, thanks for letting me know

Bank Roll is 734 BTC and 1% is not 10 BTC but 7.34 BTC just for info