e͏t͏h͏e͏r͏c͏r͏a͏s͏h.ισ | 0.75% average house edge | ETH & BTC Accepted 🏅

[9900K]

M1C4A3L's official reaction when Perchlorate told him about blowme and plainjanes winnings:
https://www.youtube.com/watch?v=EyMdJi11Wxs&feature=youtu.be

[1714982725]

1714982725

[1714982725]

1714982725

[Perchlorate]

23/06/2019 EtherCrash is now back up and running again.

Changelog: https://www.ethercrash.io/changelog

[rexxarofmoknathal]

Has anybody played ethercrash yet and tried to withdraw? What was the transaction fee like and was the process smooth?

[Perchlorate]

Has anybody played ethercrash yet and tried to withdraw? What was the transaction fee like and was the process smooth?

Ethercrash stats are public at ethercrash.io/stats
You can choose your withdraw fee on the withdraw page

[Luxo42]

Topic: e͏t͏h͏e͏r͏c͏r͏a͏s͏h.ισ | 0.75% average house edge | ETH & BTC Accepted

How did you calculate average house edge? According to my calculations, house edge is between 0.5% and 1.5%. And that is 1% average house edge.

[Perchlorate]

Topic: e͏t͏h͏e͏r͏c͏r͏a͏s͏h.ισ | 0.75% average house edge | ETH & BTC Accepted

How did you calculate average house edge? According to my calculations, house edge is between 0.5% and 1.5%. And that is 1% average house edge.

Our house edge is dynamic, the current return to player is 99.698% , the way we have calculated the average was from the players betting history and cash out targets.

[Luxo42]

Topic: e͏t͏h͏e͏r͏c͏r͏a͏s͏h.ισ | 0.75% average house edge | ETH & BTC Accepted

How did you calculate average house edge? According to my calculations, house edge is between 0.5% and 1.5%. And that is 1% average house edge.

Our house edge is dynamic, the current return to player is 99.698% , the way we have calculated the average was from the players betting history and cash out targets.

If current return to player is 99.698%, then average house edge is 0.302%. So, again, what's about 0.75%?

[Luxo42]

1% of games will instant bust (0x) and no bonuses will be awarded, all other games have bonuses equal to 0.5% of the amount wagered.

So, players will get about 0.495% of the wagered amount in bonuses.

Total Wagered:      1,091,106.88 ETH
Players won in bonuses:      9,228.14 ETH

Won in bonuses: 0.845% of the wagered amount.
So how can it be that the actual value is so far from the mathematically calculated value?

[Perchlorate]

1% of games will instant bust (0x) and no bonuses will be awarded, all other games have bonuses equal to 0.5% of the amount wagered.

So, players will get about 0.495% of the wagered amount in bonuses.

Total Wagered:      1,091,106.88 ETH
Players won in bonuses:      9,228.14 ETH

Won in bonuses: 0.845% of the wagered amount.
So how can it be that the actual value is so far from the mathematically calculated value?

We recently got a few big winners who won over 1700 ETH togheter, we have also switched to this higher house edge since just a few months (it used to be 0-1%)

[Luxo42]

1% of games will instant bust (0x) and no bonuses will be awarded, all other games have bonuses equal to 0.5% of the amount wagered.

So, players will get about 0.495% of the wagered amount in bonuses.

Total Wagered:      1,091,106.88 ETH
Players won in bonuses:      9,228.14 ETH

Won in bonuses: 0.845% of the wagered amount.
So how can it be that the actual value is so far from the mathematically calculated value?

We recently got a few big winners who won over 1700 ETH togheter, we have also switched to this higher house edge since just a few months (it used to be 0-1%)

Are you site's owner? Do you understand how it works? Do you understand what you are saying? That is complete bullshit. Big wins or big loses of players does not affect bonus in any way.
Let's look at instant-busted round. All players get 0% in bonuses. And let's look at normal round. All players get 0.5% of total wagered in bonuses. And now it is obvious that players receives from 0% to 0.5% of total wagered in bonuses. It's impossible for players to get more than 0.5% in bonuses. But your stats page says it's about 0.845%.

In the end, your stats page is bullshit. "Players won in bonuses: 9,232.68 ETH" - lie. "Players won in total: 1,088,749 ETH" - lie. "the current return to player is 99.698%" - lie. "0.75% average house edge" - lie.

[M1C4A3L]

Ethercrash used to have a 1% social bonus prior to it being reduced to 0.5%

This is why the current stats reflect that the house has paid more than 0.5% out in bonuses.

Stats don't lie, You just didn't have all of the information at hand

[levyashin]

Has anybody played ethercrash yet and tried to withdraw? What was the transaction fee like and was the process smooth?

Yes, it is nearly instant. No problem what so ever.

The only problem is i am having that, no matter what system i try, the house always beating me

[Luxo42]

Ethercrash used to have a 1% social bonus prior to it being reduced to 0.5%

This is why the current stats reflect that the house has paid more than 0.5% out in bonuses.

Well, that's reasonable. But still there are great problems with margin.
So looks like 0.75% is an average house edge between previous average house edge (0.5%) and current average house edge (1%). Clever manipulation.

[M1C4A3L]

You understanding isn’t 100%

Previously the site had a dynamic house edge of 0% - 1% when the social bonus was 1%

After the social bonus was changed to 0.5% per round the dynamic house edge changed to 0.5% - 1.5%

The average is not calculated by (min + max / 2) but rather using previous betting data for the sample which ends up being a lot different

Possibly changing the wording Perchlorate has used might be of some help to avoid misunderstandings in future ?

[Perchlorate]

Well, that's reasonable. But still there are great problems with margin.
So looks like 0.75% is an average house edge between previous average house edge (0.5%) and current average house edge (1%). Clever manipulation.

Sounds like you're missing some basic information about how our game operates.

If your goal is to actually understand how the game works, consider reading our FAQ as you can find the relevant points below in there. Also, if you're genuinely looking to understand how our game works and not just trolling, you can get answers to these kinds of questions pretty quickly on our onsite chat or Discord https://discord.gg/CKbvnD

That being said, our game is based on the original BustaBit V1 source code. Our crash points are generated using that same (provably fair) formula in which a scaled house edge is 'baked' into the crash points.  The key piece here is that that house changes based on what you cash out. Simply put, low multipliers have a lower house edge. The house edge (margin) is scaled between 0 (1.01x) and .99...%(~20x).

What we recently adjusted (https://www.ethercrash.io/changelog) and what is not the same as the original BaBv1, is the social bonus payout. As we've already cleared up your misunderstanding on that topic above, I won't go over that again, but what's relevant to clear up your misunderstanding about the margin (House Edge) is that there is an effective (and static) .5% margin/HE from our social bonus. 

So, with our social bonus adjustment to .5%, we can say that our House Edge (or margin) is scaled between .5% and 1.5% depending on when you cash out.

So why did we say .75% and not 1%? The reason for this is pretty simple. If you look at the realized HE for trusted BaBv1 games in the past (including BaBv1 itself) it comes in most often between .2-3%.  More importantly though, is what we've seen on our game though and in fact, after some recent very large wins from players, that number is actually only .11% right now. That is to say, the house edge that we've realized is actually much lower than .75%.

After we've played about 9 months worth of games with the new social bonus (assuming equal volume as the first 9) our realized social bonus should more clearly reflect the current game configuration.

Because we've not deviated at all from our original provabaly fair seed chain (and scaled house edge) we should not see much change in the HE or margin there (again, we expect that to come in between .2 and .3). So, if you average those you get .25%. Add that to the .5% from the social bonus to arrive at our estimated .75% HE/margin.

[Luxo42]

If your goal is to actually understand how the game works

I understand how original bustabit v1 concept works.

consider reading our FAQ as you can find the relevant points below in there.

I didn't find link to faq page anywhere on game site 
Anyway, there are mistakes. For example, this one:

1% of games will instant bust (0x) and no bonuses will be awarded

Chance of instant bust is lower - 1/101.

Simply put, low multipliers have a lower house edge. The house edge (margin) is scaled between 0 (1.01x) and .99...%(~20x).

House edge is 0 at 1.00x, not at 1.01x.

What we recently adjusted (https://www.ethercrash.io/changelog)

Same bad as with faq page. Did not find link to this page anywhere on the site.

So why did we say .75% and not 1%? The reason for this is pretty simple. If you look at the realized HE for trusted BaBv1 games in the past (including BaBv1 itself) it comes in most often between .2-3%.  More importantly though, is what we've seen on our game though and in fact, after some recent very large wins from players, that number is actually only .11% right now. That is to say, the house edge that we've realized is actually much lower than .75%.

BaBv1 games is not your games. Other players played there with other tactics.
In the end, your margin does not correspond neither to practice, neither to theory, it is simply taken from your head. Since the edge of the house - the key point of gambling, it is unfair misrepresentation.

In addition, you can see for yourself that calculating of house edge on practical data is extremely stupid idea. After a few more large wins from players, will the house edge become negative? And you will tell this nonsense to users and investors?
House edge is between 0.5% to 1.5% according to cashout multiplier in case of getting average bonus (0.5%). End of story.

Again misleading graph which corresponds to the BaBv1, not to ethercrash.
Correct one (x-1)/(x-0.01)+0.5:

[Luxo42]

More importantly though, is what we've seen on our game though and in fact, after some recent very large wins from players, that number is actually only .11% right now.

Looks like you mixed up the profit of investors (0.113% right now) and the practical house edge (1-99.690% = 0.310% right now). The difference is "only" three times.

[Victorycoin]

More importantly though, is what we've seen on our game though and in fact, after some recent very large wins from players, that number is actually only .11% right now.

Looks like you mixed up the profit of investors (0.113% right now) and the practical house edge (1-99.690% = 0.310% right now). The difference is "only" three times.

3 times only? You should know that 3 times is a higher number it could be a large amount of money. We usually use those which edge is lower than others. Those who will take 3 time we must avoid them.

[lupandina]

Who I could contact about account recovery? Didn't get password recovery email, and can't find any support contacts on site. Thanks in advance.

[rexxarofmoknathal]

Who I could contact about account recovery? Didn't get password recovery email, and can't find any support contacts on site. Thanks in advance.

The support contact can be found on the ann thread on the 1st page. Here is the link: https://www.ethercrash.io/contact
Good luck!