Chemistry1988
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Activity: 1120
Merit: 1000
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January 16, 2016, 09:22:03 AM |
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Can someone explain me how is it possible that in a timeframe of 8 hours I got not one but two stricks of 20 high bets when I was betting low? I repeat, 2 stricks of reds in over 20 bets placed busting my dice rolls! How is it random rolls and how is it fair?
Random is random. You can win an infinite times in a row, or lose infinitely. Each possibility is l has an equal chance, but as the amount of possibilities increase, the chance for that certain possibility becomes smaller and smaller. Because there is a 1% house edge, it is not. If you do one x2 bet, you have 50.5% chance to lose but only 49.5% to win, and you have 0.0275% chance to lose 12 consecutive bets but only 0.0216% to win 12 consecutive bets.
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Mohareb
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January 16, 2016, 11:17:48 AM |
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Admin muted me at chat room. also I can not use faucet. Is it because of muting or anything else ?
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience - Most Trusted & Popular Bitcoin Game @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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zzaza
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Activity: 926
Merit: 1000
Zoltan - PD Moderator
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January 16, 2016, 11:18:43 AM |
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Admin muted me at chat room. also I can not use faucet. Is it because of muting or anything else ?
When you are muted you can't use faucet either.
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Remember remember the 5th of November
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Activity: 1862
Merit: 1011
Reverse engineer from time to time
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January 16, 2016, 02:29:01 PM |
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Can anyone tell me why betting on a 2x multiplier does not give me back double the betted amount but only the amount I betted? Like betting 1 satoshi on a 2x multiplier should give me back 2 satoshis if I win, I only get 1. If I set it on a 3x multiplier, instead of 3x the betted amount, it's 2x.
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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Holdaaja
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Activity: 1274
Merit: 1000
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January 16, 2016, 02:31:20 PM |
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Can anyone tell me why betting on a 2x multiplier does not give me back double the betted amount but only the amount I betted? Like betting 1 satoshi on a 2x multiplier should give me back 2 satoshis if I win, I only get 1. If I set it on a 3x multiplier, instead of 3x the betted amount, it's 2x.
If you bet 1 satoshi you will get your 1 satoshi and 1 satoshi profit. So it is correct.
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Remember remember the 5th of November
Legendary
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Activity: 1862
Merit: 1011
Reverse engineer from time to time
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January 16, 2016, 02:32:47 PM |
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Can anyone tell me why betting on a 2x multiplier does not give me back double the betted amount but only the amount I betted? Like betting 1 satoshi on a 2x multiplier should give me back 2 satoshis if I win, I only get 1. If I set it on a 3x multiplier, instead of 3x the betted amount, it's 2x.
If you bet 1 satoshi you will get your 1 satoshi and 1 satoshi profitIt doesn't work like that on say Just Dice. There, I bet 1 satoshi(it's clams now though), I get 3 on 3x multiplier if I win.
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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Holdaaja
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Activity: 1274
Merit: 1000
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January 16, 2016, 02:34:21 PM |
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Can anyone tell me why betting on a 2x multiplier does not give me back double the betted amount but only the amount I betted? Like betting 1 satoshi on a 2x multiplier should give me back 2 satoshis if I win, I only get 1. If I set it on a 3x multiplier, instead of 3x the betted amount, it's 2x.
If you bet 1 satoshi you will get your 1 satoshi and 1 satoshi profitIt doesn't work like that on say Just Dice. There, I bet 1 satoshi, I get 3 on 3x multiplier if I win. You get 3 here too but only 2 of it is profit, just like everywhere else. You can check it by looking your balance before and after bets.
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Remember remember the 5th of November
Legendary
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Activity: 1862
Merit: 1011
Reverse engineer from time to time
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January 16, 2016, 02:36:17 PM |
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Can anyone tell me why betting on a 2x multiplier does not give me back double the betted amount but only the amount I betted? Like betting 1 satoshi on a 2x multiplier should give me back 2 satoshis if I win, I only get 1. If I set it on a 3x multiplier, instead of 3x the betted amount, it's 2x.
If you bet 1 satoshi you will get your 1 satoshi and 1 satoshi profitIt doesn't work like that on say Just Dice. There, I bet 1 satoshi, I get 3 on 3x multiplier if I win. You get 3 here too but only 2 of it is profit, just like everywhere else. You can check it by looking your balance. Ah wait, it seems I was simply wrong. The winnings are identical.
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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Remember remember the 5th of November
Legendary
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Activity: 1862
Merit: 1011
Reverse engineer from time to time
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January 16, 2016, 02:43:29 PM |
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I would like to inquire if anyone knows the formula of the probability that X number of losses in a row can occur at some win chance per X bets.
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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MICRO
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Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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January 16, 2016, 03:09:45 PM |
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I would like to inquire if anyone knows the formula of the probability that X number of losses in a row can occur at some win chance per X bets.
That is pretty complicated and controversial thing to do. And you can never get it right. Every roll is independent of each other so calculations like that are pretty much an guess or estimate but it can be very far from accurate.
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Kiritsugu
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Activity: 1570
Merit: 1041
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January 16, 2016, 03:45:09 PM |
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I would like to inquire if anyone knows the formula of the probability that X number of losses in a row can occur at some win chance per X bets.
As MICRO said, most of these calculations don't really matter because all rolls are independent, but some people still like to know their odds of winning or losing a certain number of bets in a row, so I'll try to explain. It's best explained with an example. Let's say you wanted to figure out the percent chance of you rolling 3 reds on a row on 2x. For simplicity's sake, I'm going to ignore the House Edge in these calculations because it makes the numbers easier to deal with. For each roll you have a 50% chance ( unless you count the House Edge, then it's 49.50% chance on 2x) of winning. So first you convert the percent chance of winning into it's decimal form: 50% = 0.50 ; 49.50% = 0.495 ; 25% = 0.25 ; 1% = 0.01 ( those are a few examples) Then, depending on how many bets you are looking for a streak of, let's call that X, you will multiply your decimal form by itself X times ( also known as en exponential function, looks like this: Xy) So: 0.50 x 0.50 x 0.50 is the same as writing 0.50 3, and now comes the math to actually figure out your chances: 0.50 x 0.50 x 0.50 = 0.125 = 12.5% The last part just converting your decimal back into a percentage. So if you wanted to know your odds of winning or losing 3 bets in a row on 2x, it's 12.5%. You can use similar math for other win percentages and streaks as large as you want.
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znickelbackz
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January 16, 2016, 04:51:48 PM |
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Can anyone tell me why betting on a 2x multiplier does not give me back double the betted amount but only the amount I betted? Like betting 1 satoshi on a 2x multiplier should give me back 2 satoshis if I win, I only get 1. If I set it on a 3x multiplier, instead of 3x the betted amount, it's 2x.
If you bet 1 satoshi you will get your 1 satoshi and 1 satoshi profit. So it is correct. i think he means when he bets 1 on 2x and win, he just get 1 back, not 1+1 profit like your explain, and his confusing seems legit. if that is the case, then why?
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Stunna (OP)
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Activity: 3192
Merit: 1278
Primedice.com, Stake.com
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January 16, 2016, 11:33:25 PM |
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withdrew 5 hours ago. and since the fee was below 0.0001btc im stuck waitiing for my money can you guys make it over 0.0001btc next time please Actually the transaction fee was 0.000981 btc, which is 0.00010630 btc per KiB. I see the transaction finally got into a block after over 12 hours, which is terrible. Stunna, is PD using dynamic fee now? We don't use dynamic fees, I'll look into why this happened but it definitely seems to be an outlier. Send me the TX ID and I'll check it out.
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Mohareb
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January 17, 2016, 03:38:26 AM |
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Admin muted me at chat room. also I can not use faucet. Is it because of muting or anything else ?
When you are muted you can't use faucet either. How long will it continue ? i just shared my bets at chat room Nothing more than it .
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience - Most Trusted & Popular Bitcoin Game @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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Dennis7777
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January 17, 2016, 04:30:39 AM |
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withdrew 5 hours ago. and since the fee was below 0.0001btc im stuck waitiing for my money
can you guys make it over 0.0001btc next time please
Actually the transaction fee was 0.000981 btc, which is 0.00010630 btc per KiB. I see the transaction finally got into a block after over 12 hours, which is terrible. Stunna, is PD using dynamic fee now? We don't use dynamic fees, I'll look into why this happened but it definitely seems to be an outlier. Send me the TX ID and I'll check it out. The transaction ID is bd5f094fe5ba4d8b1486341381a32e233ed42dfae5ee19f92c2c6c2bff7ca78a, which jpcfan posted in https://bitcointalk.org/index.php?topic=208986.msg13565475#msg13565475.
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onlinedragon
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January 17, 2016, 04:43:23 AM |
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Are there any people here who profit from this website. That blabla talk about fairness when people are always losing after they roll just fair 15x lose or something.
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Heutenamos
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January 17, 2016, 06:52:08 AM |
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Are there any people here who profit from this website. That blabla talk about fairness when people are always losing after they roll just fair 15x lose or something.
I think there are people who made some centuries right in front of me and many others i am unaware of. http://s3.amazonaws.com/pdstats/x.html
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yo
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Chemistry1988
Legendary
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Activity: 1120
Merit: 1000
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January 17, 2016, 07:15:42 AM |
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Are there any people here who profit from this website. That blabla talk about fairness when people are always losing after they roll just fair 15x lose or something.
I think there are people who made some centuries right in front of me and many others i am unaware of. http://s3.amazonaws.com/pdstats/x.htmlThat leaderboard page was last updated on 2015-10-13. For an up to date stats, it is better to refer to http://pdstats.co.nf/x.html instead.
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zzaza
Legendary
Offline
Activity: 926
Merit: 1000
Zoltan - PD Moderator
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January 17, 2016, 08:46:39 AM |
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Amazing run, he made chat explode with his betting:
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FanEagle
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Activity: 2842
Merit: 1114
Leading Crypto Sports Betting & Casino Platform
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January 17, 2016, 08:55:06 AM |
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Please refill the hotwallet, so LuckBox can withdraw properly, thanks
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