StelioKontos
Sr. Member
Offline
Activity: 840
Merit: 267
Chad Hodler since 2013
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October 08, 2017, 08:43:11 AM |
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...the most i have got was 23 losses during my time in prime dice... If you omit to say at which win chance you were betting, that number could sound surprisingly high. But if you were betting at 0.01% it's utterly normal
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StelioKontos
Sr. Member
Offline
Activity: 840
Merit: 267
Chad Hodler since 2013
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October 08, 2017, 08:47:10 AM |
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By the way I think I found a bug in the javascript single bet calculator window:
- if you put 4000 or 4100 or 4200 in payout, it prints 0.02% in win chance
- but if you put 0.02 in win chance, it prints 4950x in payout
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bitcoinfuturetips
Newbie
Offline
Activity: 21
Merit: 30
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October 08, 2017, 09:05:48 AM |
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I got 9 continuous losses with setting 51% winning chances.
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StelioKontos
Sr. Member
Offline
Activity: 840
Merit: 267
Chad Hodler since 2013
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October 08, 2017, 10:15:26 AM Last edit: October 08, 2017, 11:00:05 AM by StelioKontos |
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I got 9 continuous losses with setting 51% winning chances.
That is not so rare, it's a 0.162% to get a streak of 9 losses in 9 rolls at that chance.
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veleten
Legendary
Offline
Activity: 2016
Merit: 1107
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October 08, 2017, 02:08:49 PM |
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Thanks for explanation, my bet was x2,538, I got 16 losses in row and it eat all ballance. I looked through topic and had seen bunch of positive comments concerning the Prime Dice .... so I tried, and ..... my experience bring to result wich was described above. Just wondering all those peaple who leave positive comments .... did they get any profit from Dicing or...?
If I'm not mistaken and I remember correctly the course of probability and statistics of the university. The probability of failing 16 times in a row a winning configuration at 2.583x (39.01% win chance) is calculated as: probability of losing a single bet = 100% - 39.01% (win chance) = 60.99% = 0.6099 probability of losing 16 bets in a row is given by the product of the probabilies of the single events = 0.6099 * 0.6099 * ... * 0.6099 = ( 0.6099 ) ^ 16 = 0.000366554 = 0.03665 % So the loss streak of 16 times at 2.583x looks "quite rare", 0.03665%, but this may be said if you play, let's say, 10-100 streaks. If you keep the bot running so much time so that you end up playing ~10'000 streaks (not talking about single bets here, ma completed winning streaks), the event of a 16 losses streak in a row starts becoming more and more to be expected, because as we all'know, given the more long time all the possibile events will occur. the loss streak of 16 times at 2.583x is 0.04379877% according to my math this 100/0.04379877%=2283 so you have 100% chance to lose in 2283 bets or so th streak can come sooner or later,but if you run your bot for a long time it is bound to hit you its the most common gambler's fallacy,they are thinking "I cannot be getting 16! losses in a row! no way!" but you cannot cheat math,you can noly increase your bank and pray that nasty losing streak is somewhere very very far down the seed
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lrdeoliveira
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October 09, 2017, 05:08:54 AM |
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Champ ended up going +27 BTC then back down to 1. That was insane to watch.
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Bitinity
Legendary
Offline
Activity: 3206
Merit: 1316
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October 09, 2017, 05:27:09 AM |
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Champ ended up going +27 BTC then back down to 1. That was insane to watch.
What should I say about this player, greedy player or real player? +27 is so great amount and down back to 1 is really a bad luck even though he is still in profit. Curious to know how much profit that will make he stop betting?
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lite
Legendary
Offline
Activity: 1400
Merit: 1009
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October 09, 2017, 05:44:54 AM |
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Champ ended up going +27 BTC then back down to 1. That was insane to watch.
27 bitcoins profit, damn! too bad he didn't stop at such good profit. btw he's -1 BTC now. Champ ended up going +27 BTC then back down to 1. That was insane to watch.
What should I say about this player, greedy player or real player? +27 is so great amount and down back to 1 is really a bad luck even though he is still in profit. Curious to know how much profit that will make he stop betting? He's not in profit lol, i checked his profile apparently he lost 1 BTC.
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Bitinity
Legendary
Offline
Activity: 3206
Merit: 1316
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October 09, 2017, 06:03:22 AM |
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Champ ended up going +27 BTC then back down to 1. That was insane to watch.
27 bitcoins profit, damn! too bad he didn't stop at such good profit. btw he's -1 BTC now. Champ ended up going +27 BTC then back down to 1. That was insane to watch.
What should I say about this player, greedy player or real player? +27 is so great amount and down back to 1 is really a bad luck even though he is still in profit. Curious to know how much profit that will make he stop betting? He's not in profit lol, i checked his profile apparently he lost 1 BTC. Sorry I did not check his stats, just based on what the post by lrdeoliveira. I thought that he back down to 1 means that he is still +1. Seems that I was wrong, it should be from +27 to -1.
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futurebitcoins
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October 09, 2017, 07:44:54 AM |
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Champ ended up going +27 BTC then back down to 1. That was insane to watch.
This is called the bad luck and real gambling experience. First, it will give and if you're smart then should withdraw otherwise it will happen like this.
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jamyr
Sr. Member
Offline
Activity: 1806
Merit: 373
<------
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October 09, 2017, 10:31:05 AM |
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I got 9 continuous losses with setting 51% winning chances.
nothing rare about this. there was this old thread which discussing martingales etc and there you can find the worst streaks ever.(not to mention others who have kept themselves quiet) and its not only happening in primedice. But if you think you are cheated, you can always verify your results.
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MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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October 09, 2017, 02:14:04 PM |
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Everybody talking about jackpot I can smell it! It might happen soon with all this fuss about it Has anyone won the jackpot till now,good to see a new jackpot being introduced in prime dice and good to see that they are giving freebies to real users now rather than fillers in the past ,i guess you have to hit two numbers in a row to win the jackpot and i find it really difficult to attain with the amount of time i spend in PD,but i am looking forward for a winner. Well since the start of pd consecutive 77.77 bets happened only 180ish times. But not since jackpot was introduced.
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veleten
Legendary
Offline
Activity: 2016
Merit: 1107
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October 09, 2017, 04:43:36 PM |
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Champ ended up going +27 BTC then back down to 1. That was insane to watch.
27 bitcoins profit, damn! too bad he didn't stop at such good profit. btw he's -1 BTC now. Champ ended up going +27 BTC then back down to 1. That was insane to watch.
What should I say about this player, greedy player or real player? +27 is so great amount and down back to 1 is really a bad luck even though he is still in profit. Curious to know how much profit that will make he stop betting? He's not in profit lol, i checked his profile apparently he lost 1 BTC. he was +28 at one point and then he started doing insane 1.37 bitcoin bets and then there was this red wall for him and he could not stop.... it is hard to stop even at 10,hell 5 bitcoins profit would have been an epic result but this is the biggest gambler's curse-inability to stop while ahead if he could have done it with one-two bitcoins bank,he should have stopped at 4-5 btc profit and start anew,with lower stakes and try to build up again and yeah,he has lost it all it seems ,his profit is negative and he doesn't roll anymore
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MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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October 09, 2017, 04:59:38 PM |
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Champ ended up going +27 BTC then back down to 1. That was insane to watch.
27 bitcoins profit, damn! too bad he didn't stop at such good profit. btw he's -1 BTC now. Champ ended up going +27 BTC then back down to 1. That was insane to watch.
What should I say about this player, greedy player or real player? +27 is so great amount and down back to 1 is really a bad luck even though he is still in profit. Curious to know how much profit that will make he stop betting? He's not in profit lol, i checked his profile apparently he lost 1 BTC. he was +28 at one point and then he started doing insane 1.37 bitcoin bets and then there was this red wall for him and he could not stop.... it is hard to stop even at 10,hell 5 bitcoins profit would have been an epic result but this is the biggest gambler's curse-inability to stop while ahead if he could have done it with one-two bitcoins bank,he should have stopped at 4-5 btc profit and start anew,with lower stakes and try to build up again and yeah,he has lost it all it seems ,his profit is negative and he doesn't roll anymore Apparently he started with 1 btc so 28 profit at some point was amaizing.
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1982dre
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October 09, 2017, 06:26:58 PM |
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I got 9 continuous losses with setting 51% winning chances.
Just come back when you got 20+ reds.
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iluvbitcoins
Legendary
Offline
Activity: 2198
Merit: 1150
Freedom&Honor
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October 09, 2017, 06:52:33 PM |
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I got 9 continuous losses with setting 51% winning chances.
Just come back when you got 20+ reds. Those are rookie numbers, literally You HAVE to hit 20 reds eventually, I mean, if you're playing with a low bet, you're placing hundreds of thousands of bets You're bound to hit 20 reds 0.0002% chance to hit 20 reds (if I calculated correctly, might be off), so running 500 000 bets will have pretty nice odds of you hiting 20 reds in a row
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Looking for a signature campaign.
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MinerHQ
Legendary
Offline
Activity: 1456
Merit: 1023
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October 10, 2017, 01:44:03 AM |
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I got 9 continuous losses with setting 51% winning chances.
Just come back when you got 20+ reds. Those are rookie numbers, literally You HAVE to hit 20 reds eventually, I mean, if you're playing with a low bet, you're placing hundreds of thousands of bets You're bound to hit 20 reds 0.0002% chance to hit 20 reds (if I calculated correctly, might be off), so running 500 000 bets will have pretty nice odds of you hiting 20 reds in a row I usually will not play so long dice game because I prefer to play manually with slightly higher bets and once I make some money I will stop or if I lose that small deposit then immediately stop playing. I never hit so many reds in a row in a dice game. I find it is wasting a time to run auto bet for a long time so I play myself until I get bored or lose my deposit.
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lrdeoliveira
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October 10, 2017, 03:29:32 AM |
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Champ is back betting again, let's see if he can hit 20 again
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Aengus
Full Member
Offline
Activity: 182
Merit: 100
Edward Miroslav
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October 10, 2017, 05:43:54 AM |
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High roller lists is going nuts!
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jamyr
Sr. Member
Offline
Activity: 1806
Merit: 373
<------
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October 10, 2017, 07:31:45 AM |
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Champ is back betting again, let's see if he can hit 20 again Since pd offers the simplest dice game for Bitcoin, it's no surprise that highrollers are to be back rolling. Wish you good luck champ!
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