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Author Topic: Satoshi Dice  (Read 1152 times)
Foxpup
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May 19, 2013, 03:57:40 AM
 #21

its not really a dice game tho.... its just a statistics game... you cant really have a dice with 64,000 sides can you... it would just look like a round ball.

You could just roll one ten-sided die 6,400 times.  Grin
Actually, you couldn't. That would result in a normal distribution (in which numbers closer to 32,000 are more probable) instead of a uniform distribution (all numbers equally probable). To get a random number from 0 to 65,535 (which is what SatoshiDice actually uses, not 64,000) from real dice, you would need five 8-sided dice (or roll one 8-sided die five times) and one 2-sided die (or coin). Roll one for each octal digit, then convert to decimal.

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Franktank
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May 19, 2013, 04:01:19 AM
 #22

Guys, I should have mentioned last night (but I was real tired & not thinking straight) that I lost all my money on SatoshiDice and thought that I wouldnt be able to get more coins till Monday.  Cos i am over in Australia where the only way to buy BTC is to go to the bank.   But I found a new website that lets you buy BTC 24/7 !!!

If you are in Australia, hit up buybitcoinaustralia.com.au  it is the cheapest price I could find, but more importantly, it doesnt require going to the bank in business hours.


It's not my place but you gotta know when to stop buddy. Look to invest in BTC stocks and assets (imo).
DannyHamilton
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May 19, 2013, 04:53:26 AM
 #23

its not really a dice game tho.... its just a statistics game... you cant really have a dice with 64,000 sides can you... it would just look like a round ball.

You could just roll one ten-sided die 6,400 times.  Grin
Actually, you couldn't. That would result in a normal distribution (in which numbers closer to 32,000 are more probable) instead of a uniform distribution (all numbers equally probable).

You're right.  I was typing without thinking.  My intent was to roll a die for each decimal digit (which is why I suggested a ten-sided die), but somewhere in the middle of my sentence I lost track of what I meant to suggest and ended up suggesting 6,400 rolls instead of 5 rolls.

To get a random number from 0 to 65,535 (which is what SatoshiDice actually uses, not 64,000) from real dice, you would need five 8-sided dice (or roll one 8-sided die five times) and one 2-sided die (or coin). Roll one for each octal digit, then convert to decimal.

Your suggestion would certainly work.  You could also roll a 4 sided die 8 times (once for every pair of bits) and convert to decimal, or you could roll a 20 sided die 4 times (once for each hex digit), and re-roll any value larger than 16.

For those who have difficulty with converting to decimal, you could just roll a 10 sided die 5 times (once for each digit), and discard the result and re-roll if you end up with a number larger than 65,535.
maklei
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May 19, 2013, 05:14:22 AM
 #24

Hi,

A lot of people bet BTC.... don't worry only the house can win...

Like any casino you go to lose money...

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May 19, 2013, 05:34:33 AM
 #25

Hi,

A lot of people bet BTC.... don't worry only the house can win...

Like any casino you go to lose money...



There are profits to be made, But you need to know when to quit for the day.

People seem to think it's always up, up, up!

Need to get up 10% - 15% and just stop. People keep on going and it gets bad quickly.

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Galimore
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May 19, 2013, 05:47:46 AM
 #26

They just blocked SatoshiDice for all US IP Addresses; you could be caught up in that.

Does that really matter? I would think any vpn would get around that restriction pretty easily.
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May 19, 2013, 06:02:03 AM
 #27

There are profits to be made, But you need to know when to quit for the day.

People seem to think it's always up, up, up!

Need to get up 10% - 15% and just stop. People keep on going and it gets bad quickly.
Rubbish. You're just as likely (actually, slightly more likely due to the house edge) to lose 10-15% initially, and if you keep on gambling to try to "recoup your loses", you're just going to end up losing all your money.

What you suggest is the same idea as the Martingale strategy, in which the gambler bets increasingly large amounts, so that a single win will recover all previous loses with change left over. It doesn't work. It just turns a small chance of winning a large amount and a large chance of losing a small amount, into a large chance of winning a tiny amount (in relation to your wager, which quickly grows to be enormous) and a small chance of losing everything, giving you the same odds as Russian roulette.

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DannyHamilton
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May 19, 2013, 06:05:08 AM
 #28

They just blocked SatoshiDice for all US IP Addresses; you could be caught up in that.

Does that really matter? I would think any vpn would get around that restriction pretty easily.

Of course it would.  The point isn't to prevent U.S. citizens from participating.  The point is to avoid openly advertising to U.S. Citizens and reduce the risk of comming under attack from U.S. law enforcement.
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