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onlinepro
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July 15, 2014, 06:10:51 PM |
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Nope it means 1% house edge but to be able to have payout u cant bet on 99%  LOL. Yeah, there could be max win change of 50% and still there would be only 1% house edge. |
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onlinepro
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July 15, 2014, 06:15:10 PM |
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At 98% it means a 2% house edge? You have advertised a 1% house edge.
No 98% doesn't mean 2% house edge. Just like 50% win change doesn't mean 50% house edge. |
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MICRO
Legendary
 Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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July 15, 2014, 06:15:39 PM |
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At 98% it means a 2% house edge? You have advertised a 1% house edge.
Read my post it doesnt mean its 2% house edge . But when house edge is 1% and u would be allowed to bet on 99% u wouldn't have any payout , it would be 1.00x payout and that is pointless isn't it ? So its max 98%. Best way to calculate house edge is to put payout on 2x and see the difference between over/under. |
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superSTAR777
Sr. Member
Offline
Activity: 252
Merit: 250
★777Coin.com★ Fun BTC Casino!
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July 15, 2014, 06:41:10 PM |
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will try it out sure
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Rora
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July 15, 2014, 06:45:15 PM |
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Instead of the forum admin deleting my post would you please response to my queries?
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onlinepro
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July 15, 2014, 06:54:37 PM |
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Instead of the forum admin deleting my post would you please response to my queries?
You got answer already, two times. At 98% it means a 2% house edge? You have advertised a 1% house edge.
No 98% doesn't mean 2% house edge. Just like 50% win change doesn't mean 50% house edge. Nope it means 1% house edge but to be able to have payout u cant bet on 99% LOL. |
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Rora
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July 15, 2014, 07:06:23 PM |
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Then why does just-dice have theirs set to 98.99? Im not trying to cause any crap Im simply trying to understand this.
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leex1528
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July 15, 2014, 07:15:14 PM |
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Think about it...
At 50% chance the house has 0% edge, it means it is an even coin flip.
At 49.5% chance the house has 1% edge, because technically if you roll high low, you are either going to be at below 49.5 or above 50.5.
Taking 50.5-49.5 is 1% hence, the house edge is 1%.
With your logic at 50% the house has 50% edge in an even coin flip, the house has no edge, not a 50% edge.
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Rora
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July 15, 2014, 07:19:48 PM |
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I understand the concept of a house edge. By why is the max limit 98 not 98.99?
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MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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July 15, 2014, 08:59:37 PM |
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I understand the concept of a house edge. By why is the max limit 98 not 98.99?
Because on JD u could roll with 4 decimals like 99.9999x payout on pd u cant its 99.99x , and on 2 decimals beting on 98.99 wouldn't give u any payout. Why would u bet on no payout? Min payout on pd is 1.01202x , u want less than that ? Well then u would need to go to other dice site that offers that. PD offers u min payout 1.01202x and house edge 1% , that is just how it is, if u dont like that, im sorry, u would need to look elsewhere. Cheers. |
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elvisrene
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July 16, 2014, 12:09:19 AM |
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hey stunnu i been having cash out problems since yesterday right now i cash out 0.02 to my wallet and its still not there also i see you not answering any questions about people having withdrawal issue can you please let us know whats going on USER ID
1393796
Edit :
sorry stunn i saw you did answer last nights question is the site having problems again
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elvisrene
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July 16, 2014, 01:18:30 AM |
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got it stunnu dont know what happened but thanks and sorry for doubting
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Acidyo
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July 16, 2014, 05:32:22 AM |
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got it stunnu dont know what happened but thanks and sorry for doubting
Stunnu is a true savior! |
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Rora
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July 16, 2014, 07:10:24 AM |
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I understand the concept of a house edge. By why is the max limit 98 not 98.99?
Because on JD u could roll with 4 decimals like 99.9999x payout on pd u cant its 99.99x , and on 2 decimals beting on 98.99 wouldn't give u any payout. Why would u bet on no payout? Min payout on pd is 1.01202x , u want less than that ? Well then u would need to go to other dice site that offers that. PD offers u min payout 1.01202x and house edge 1% , that is just how it is, if u dont like that, im sorry, u would need to look elsewhere. Cheers. Much appreciated. That is all I was asking. Thank you for the explanation. |
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Swordsoffreedom
Legendary
Offline
Activity: 2800
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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July 16, 2014, 07:32:04 AM |
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got it stunnu dont know what happened but thanks and sorry for doubting
Stunnu is a true savior! Probably should mention it for Acidyo it's an A not a U But I like that nickname as well. |
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SirChiko
Legendary
Offline
Activity: 966
Merit: 1000
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July 16, 2014, 03:40:44 PM |
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1st time gambling and i've lost whole 0.02...whatever it's time to learn from it maybe.
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The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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madmax6688
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July 16, 2014, 04:48:29 PM |
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uh oh! server down  |
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SirChiko
Legendary
Offline
Activity: 966
Merit: 1000
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July 16, 2014, 04:49:56 PM |
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uh oh! server down Can confirm this...it's down for me too. |
The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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Bit_Happy
Legendary
Offline
Activity: 2114
Merit: 1040
A Great Time to Start Something!
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July 16, 2014, 05:14:33 PM |
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Back up and faster than before, maybe there was a temporary ddos attempt?
Working good again now.
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conteaza
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July 16, 2014, 06:17:50 PM |
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Back up and faster than before, maybe there was a temporary ddos attempt?
Working good again now.
most probably... |
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