Bitcoin Forum
November 29, 2020, 04:10:58 AM *
News: Bitcointalk Community Awards
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 [2]  All
  Print  
Author Topic: 1000 BTC BET!  (Read 1686 times)
teppy
Full Member
***
Offline Offline

Activity: 184
Merit: 101


View Profile
September 08, 2013, 08:37:36 PM
 #21

In Dragon's Tale we've had at least two bets of 200 BTC each, and each one came up a winner (950 BTC paid out each.) Also at least one 100 BTC bet on a coconut tree (which I think was a loss), and a bunch of 60 BTC bets on benches.

Teppy

Dragon's Tale is the longest running Bitcoin enterprise in the world.
1606623058
Hero Member
*
Offline Offline

Posts: 1606623058

View Profile Personal Message (Offline)

Ignore
1606623058
Reply with quote  #2

1606623058
Report to moderator
1606623058
Hero Member
*
Offline Offline

Posts: 1606623058

View Profile Personal Message (Offline)

Ignore
1606623058
Reply with quote  #2

1606623058
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1606623058
Hero Member
*
Offline Offline

Posts: 1606623058

View Profile Personal Message (Offline)

Ignore
1606623058
Reply with quote  #2

1606623058
Report to moderator
1606623058
Hero Member
*
Offline Offline

Posts: 1606623058

View Profile Personal Message (Offline)

Ignore
1606623058
Reply with quote  #2

1606623058
Report to moderator
1606623058
Hero Member
*
Offline Offline

Posts: 1606623058

View Profile Personal Message (Offline)

Ignore
1606623058
Reply with quote  #2

1606623058
Report to moderator
dooglus
Legendary
*
Offline Offline

Activity: 2828
Merit: 1302



View Profile
September 08, 2013, 09:53:08 PM
 #22

I guess a better question than "are you in?" is:

What would the chances of winning need to be for you to be in?  At which point does it switch from a 'no' to a 'yes'.

Mathematically speaking, you 'should' play if the chance to win is a fraction over 50%.  But I wouldn't.  I'd definitely play if the chance of winning was 99%.  But where's the line?  It's so hard to decide.

I expect the Kelly Criterion would have something to say about this.  But he'd want to know what your total bankroll was before he's say anything useful.

Just-Dice                 ██             
          ██████████         
      ██████████████████     
  ██████████████████████████ 
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
    ██████████████████████   
        ██████████████       
            ██████           
   Play or Invest                 ██             
          ██████████         
      ██████████████████     
  ██████████████████████████ 
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
    ██████████████████████   
        ██████████████       
            ██████           
   1% House Edge
gadman2
Legendary
*
Offline Offline

Activity: 974
Merit: 1000


WWW.HOMETOWNARMS.COM


View Profile WWW
September 08, 2013, 09:57:40 PM
 #23

I've went to the nearest casino and dropped a whole tax refund check (aprox 4000$) on a high stakes hand of black jack and won Wink.

monbux
Legendary
*
Offline Offline

Activity: 1722
Merit: 1019


Offering secure escrow services since 2014


View Profile WWW
September 08, 2013, 10:14:03 PM
 #24

I've went to the nearest casino and dropped a whole tax refund check (aprox 4000$) on a high stakes hand of black jack and won Wink.

How much did you win? Tongue  How is this relevant to the topic, other than cool, lucky, and big wins?  Roll Eyes
antiycda
Full Member
***
Offline Offline

Activity: 140
Merit: 100



View Profile WWW
September 08, 2013, 10:32:45 PM
 #25

blackjack?

johny1976
Legendary
*
Offline Offline

Activity: 1135
Merit: 1002

Developer


View Profile
September 08, 2013, 11:45:35 PM
 #26

Heey!

so what? Would you bet in this game or not?
With 60% odds of winning, sure why not!

But you have 40% chance to lost it all... Still u're in?

I would not be in, no matter how fair it is.   I don't like putting big amounts of my money in online gambling :/  Why is this a general idea?  What's the point?   Are you going to make one or not? Tongue

Haha Cheesy no, I'm not really gonna make one.

Cause I'm pretty sure you don't have the funds to...

I'm pretty sure too Cheesy
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!