Funnily enough, I just added this guy to my ignore list. But it doesn't work on top-level topics, so I'll indulge him for one last time.
please take the Poll serious because it will be easy to see who is serious because it is a simple math question
The only reason you think it's a simple maths question is because you don't understand the problem domain. Multi-outcome bets like your site did (e.g. having a win, lose and jackpot) are sufficiently complex that I was never able to even find an analytical solution. If you want to learn how to solve it, look at:
https://math.stackexchange.com/questions/662104/kelly-criterion-with-more-than-two-outcomesThe first step however is to normalize the bet into how investors see it (e.g. how much they will make or lose
after commission for each outcome). One you have it in the format: [Probability, ProfitIfEventOccurs] for each outcome, you can run the kelly formula (see the stackexchange question) that will tell you how much of your bankroll to risk (again from investors point of view). Once you've done this, you can map it back onto the original bet to determine if it's "kelly compliant" or not.
If you want to do it in a simpler way, you can establish a lower-bound if you wanted by converting your multiple outcome bet into a binary one. The key is preserving both the house edge and the largest payout. Then you need to normalize it from investors point of view (e.g. by looking it after commissions) while keeping it binary, where one of the options is "lose entire wager". After that, once you have the house edge (say E) it means that to be kelly compliant investors should never risk more than E*bankrollSize. Which means that you have established a lower-bound of that the highest payout in your game should allow gamblers can be allowed to win E*bankrollSize-comission.
again quoting it very quick so you cant delete it
I will never put you or anyone on my ignore list
and you will never be ignored cause I like people like you trying to put down other people in a quite primitive way and same time thinking you are smart. as you said yourself that you are some times an asshole and I fully agree with you
I even would say more than sometimes
the problem with you is that your hate against JPR is overwhelming you and making you blind
(btw you are not alone)
trust me that you will answer my future postings. I didnt answer yet (but I will) your other posting in the other thread with full of lies. I will open a scam accusation against you as the old MP owner and against the new owners if you still insist that our Racer Jackpot was an illusion. be smart and rethink it!
the new MP owners are invited to post their opinion if our Jackpot was an illusion?
every provably air game is an illusion because the outcome is know in advance and the animation is shown after the outcome. this is the price for a provably fair game. I love provably fair games and hope that also fiat games will follow
rethink your posting now. sit back and read it again and again till you find out your mistake. in this case I dont accuse you that your answer is by purpose but it looks you didnt think it through or IMO it is just a misunderstanding.
your answer is maybe for someone else but not for the game I am talking about. I repeat my question and lets do it easier for you and forget the 9.22% HE and lets take 1% HE
casino owner uses 1x Kelly for his Bank Roll
any game with 1 % HE
Bank Roll is 1000 BTC
what is the max possible win for the player with one bet?
maybe I need to edit the Poll to this question