I noticed there are parameters like Luck and Power Level associated with your PrimeDice account. What exactly are these numbers?
How is Luck calculated? How can you have 100% Luck when you are not winning every bet?
Copied from Just-Dice, replaced CLAM with BTC.
I tried finding the explanation Primedice had on pd3 but it's nowhere to be found?
How about 'luck'?The luck percentage displayed shows how many rolls you have won compared to how many you 'should' have won. For example, if you play 10 times with a 10% chance of winning and win two of the 10 rolls, your luck will show as 200%, since you have won twice as many as you 'should' have. Bet size is not taken into account when calculating luck, so it is possible to have a luck less than 100% and still show a profit if your winning bets risked more than your losing bets.
For example, suppose you are playing with a 50% chance to win (ie. a 1.98x payout). You bet 1 BTC and lose. You double up to 2 BTC and lose again. You double again and lose 4 BTC, and then double one more time to 8 BTC and win. You have played 4 times and won once. Your luck shows as 50% since you have won half as many games as you would expect to with a 50% chance of winning, but your profit is positive. You have lost 1+2+4 = 7 BTC and won 0.98*8 = 7.84 BTC for a profit of 0.84 BTC.
