You're welcome, I know everybody should take things seriously for themselves and get into the details, but we all do, believe me. After we get hooked. When I first played dice, even I was confused to be honest, I didn't understand how house edge worked, or even how payout correlated with win chance. But dice was so simple to start with x2 at almost 50/50 chance, and from there, as I loved it and played it more, I learned more.
So for something more complex, the 1-min video would be so useful to hook people.
Algorithms, yes, of course. Serious gamblers on Bitcoin/crypto want to know provably fair, and how it works. Usually sites post seeds or hash or whatever and then the player still has to figure out how to use the formula to check.
I think in simplicity we have outdid even dice, the idea behind the project is that the game should be as simple as possible, contain minimum math to ponder on, and more pure luck, hence the Random Number Generator (RNG).
Quick example on how it works - if you feel 50/50
Let's take "1/2 Table"
- Number of players 2 players
- Bet per player 0,05Eth.
- Bank total 0,1Eth.
The order of the draw:
There’s only one spin at the table for a total of - 0,09Eth.
- Each player is issued with the number 0 or 1 (in order of connection, the probability of winning does not change)
- Number is drawn by random number generator (0/1).
- The winner is the player - whose number coincides with the number of the drawing.
- Thus, the probability of taking away 0,09Eth for any player - 50% probability of losing - 50%.
- Chance of a player to win - 50%.
If you feel more cautious there are always x/x tables for example 4/4
- Number of players 4 players
- Bet per player 0,32Eth
- Bank total 1,28Eth
The order of the draw:
There’s four spins at the table for 0,288Eth each. (4 times rinse and repeat steps 1-3)
1. Each player is issued the number 0,1,2 or 3 for the drawing. (on order of connection, the probability of winning does not change)
2. Number is drawn by random number generator (0/1/2/3).
3. The winner is the player - whose number coincides with the number of the drawing.
4. The probability of winning in this case, equals 68.36%, the gain ranges from 0,288Eth to 1.152Eth.
5. The calculation of probability: the probability that in each drawing the player did not win 3/4 * 3/4 * 3/4 * 3/4 * 100% = 31.64%.
The probability of winning (1-3 / 4 * 3/4 * 3/4 * 3/4) * 100% = 68.36%.
6. Total: Chance to win for a player - 68.36%.
The results of the lottery and its distribution:
- Players winnings 1,152Eth
- Jackpot Fund 0,0256Eth
- Fund for attracting new players 0,0256Eth
- Investments recovery fund 0,0128Eth
- Dividends for investors 0,0384Eth
- Project developers 0,0256Eth
EXAMPLE: 4 draws - 0,288Eth
The first draw
the number of the first player - 0
the number of second player - 1
the number of the third player - 2
the number of the fourth player - 3
Number of the first drawing: 1
RESULTS: The second player has 0,288Eth. The other players 0Eth.
SECOND DRAW
the number of the first player - 0
the number of second player - 1
the number of the third player - 2
the number of the fourth player - 3
Number of second drawing: 3
RESULTS: The fourth player received 0,288Eth. The other players 0Eth.
THIRD DRAWING
The number of the first player - 0,
the number of second player - 1,
the number of the third player - 2
the number of the fourth player - 3
Number of the third drawing: 1
RESULTS: The second player has 0,288Eth. The other players 0Eth
FOURTH DRAWING
The number of the first player - 0,
the number of second player - 1,
the number of the third player - 2
the number of the fourth player - 3
The number of the fourth drawing: 2
RESULTS: The third player got 0,288Eth. The other players 0Eth.
TOTAL FOR THE GAME:
The first player has received 0 Eth.
The second player has received 0,576 Eth.
The third player has received 0,288Eth.
The fourth player received 0,288Eth.
About “provably fair” we think we did what we think is best to prove it - we removed “House” from the table completely, we – developers, earn only 2% from each table no matter who wins, and last, but not the least, don’t have The Server or any hardware in the game, to remove any suspicion that game is tinkered with somehow after audit at GitHub.
Well this post (in short) is already mile long and atm I struggle how to squeeze it into short video, while idea is awesome, and you gave me quite a creative challenge )))
There are also questions about “Why not games of skill” to put in it. If you interested btw, I can expand on it too.