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[Mahdirakib]

So it is not a zero HE game. Real zero HE game would be without Zero/Monk

There will be no fun of the game if they remove the zero/monk payout from the roulette. The real zero HE game can also be with the special zero/monk payout. However, the HE is approximately 0.1% for their roulette game with MONK currency. Contribution to the expected return amount for 1 to 7, 8 to 14 and special monk/zero is respectively (7 ÷ 15) × 2.14, (7 ÷ 15) × 2.14 and (1 ÷ 15) × 15.

• Total expected return is: (7 ÷ 15) × 2.14 + (7 ÷ 15) × 2.14 + (1 ÷ 15) × 15 = 2.99733
• So, the HE is: [1 - (2.99733 ÷ 3)] × 100% = 0.089%

The HE is 6.67% for a bit lower payout of all outcomes in other crypto. @monkgg, The HE isn't really 0% in MONK token for the roulette game. Have I missed anything on the calculation?

[JackpotRacer]

So it is not a zero HE game. Real zero HE game would be without Zero/Monk

There will be no fun of the game if they remove the zero/monk payout from the roulette. The real zero HE game can also be with the special zero/monk payout. However, the HE is approximately 0.1% for their roulette game with MONK currency. Contribution to the expected return amount for 1 to 7, 8 to 14 and special monk/zero is respectively (7 ÷ 15) × 2.14, (7 ÷ 15) × 2.14 and (1 ÷ 15) × 15.

• Total expected return is: (7 ÷ 15) × 2.14 + (7 ÷ 15) × 2.14 + (1 ÷ 15) × 15 = 2.99733
• So, the HE is: [1 - (2.99733 ÷ 3)] × 100% = 0.089%

The HE is 6.67% for a bit lower payout of all outcomes in other crypto. @monkgg, The HE isn't really 0% in MONK token for the roulette game. Have I missed anything on the calculation?

Thanks for clarifying and well explained. I thought the same but Monk explained it differently and very confusing. I like it KISS = Keep it Simple and Stupid.

[monkgg]

So it is not a zero HE game. Real zero HE game would be without Zero/Monk

There will be no fun of the game if they remove the zero/monk payout from the roulette. The real zero HE game can also be with the special zero/monk payout. However, the HE is approximately 0.1% for their roulette game with MONK currency. Contribution to the expected return amount for 1 to 7, 8 to 14 and special monk/zero is respectively (7 ÷ 15) × 2.14, (7 ÷ 15) × 2.14 and (1 ÷ 15) × 15.

• Total expected return is: (7 ÷ 15) × 2.14 + (7 ÷ 15) × 2.14 + (1 ÷ 15) × 15 = 2.99733
• So, the HE is: [1 - (2.99733 ÷ 3)] × 100% = 0.089%

The HE is 6.67% for a bit lower payout of all outcomes in other crypto. @monkgg, The HE isn't really 0% in MONK token for the roulette game. Have I missed anything on the calculation?

To have 0 house edge on red/black, the multiplier would have to be 15/7, or 2.142857... which we truncate to 2.14 since it's an irrational number. Soon we'll increase the floating point precision of this value to make it closer to 0% house edge.
To have 0 house edge on green, the multiplier is 15/1 = 15x, which we don't have to truncate and therefore all green bets will have an exactly 0% house edge.

[JackpotRacer]

So it is not a zero HE game. Real zero HE game would be without Zero/Monk

There will be no fun of the game if they remove the zero/monk payout from the roulette. The real zero HE game can also be with the special zero/monk payout. However, the HE is approximately 0.1% for their roulette game with MONK currency. Contribution to the expected return amount for 1 to 7, 8 to 14 and special monk/zero is respectively (7 ÷ 15) × 2.14, (7 ÷ 15) × 2.14 and (1 ÷ 15) × 15.

• Total expected return is: (7 ÷ 15) × 2.14 + (7 ÷ 15) × 2.14 + (1 ÷ 15) × 15 = 2.99733
• So, the HE is: [1 - (2.99733 ÷ 3)] × 100% = 0.089%

The HE is 6.67% for a bit lower payout of all outcomes in other crypto. @monkgg, The HE isn't really 0% in MONK token for the roulette game. Have I missed anything on the calculation?

To have 0 house edge on red/black, the multiplier would have to be 15/7, or 2.142857... which we truncate to 2.14 since it's an irrational number. Soon we'll increase the floating point precision of this value to make it closer to 0% house edge.
To have 0 house edge on green, the multiplier is 15/1 = 15x, which we don't have to truncate and therefore all green bets will have an exactly 0% house edge.

Thank you very much for taking the time to explain in more depth.

IMO it would be very easy and simple to take out the monk for a real zero HE roulette game for red and black bets.

Actually you can offer 2 games > the one without the monk and one with the monk.

just saying, good luck

[monkgg]

We just added 3 new games; Mines, Limbo, and Dice! Feel free to check them out

[Mahdirakib]

~snip~

It is quite surprising that you are still doing the development on your website. And I'm more surprised to see that you have added the dice game with 1% house edge only. But users betting activity is too low on your website. I believe you will get more active users if you remove the mandatory KYC verification system. People rarely show interest to play in-house games by filling those KYC steps. You should do the marketing in a better way.

[avp2306]

~snip~

It is quite surprising that you are still doing the development on your website. And I'm more surprised to see that you have added the dice game with 1% house edge only. But users betting activity is too low on your website. I believe you will get more active users if you remove the mandatory KYC verification system. People rarely show interest to play in-house games by filling those KYC steps. You should do the marketing in a better way.

I guess mandatory KYC verification is not an issue anymore since lots of people is already open for those possibilities and adapt well on those requirements asked to them since KYC is normal thing these days.

What provably lacking here is promotions and marketing since if they can offer something interesting to people the provably that they would get an activity or discussions happening in this thread. If they could just have a budget to run a campaign here maybe it can help to increase their visibility knowing that there are lots of people want to test new things in their sight and to see if there's something new they could able to enjoy on other casino they see.

But for sure they know about that, but maybe they have lack of resources that's why we don't see them doing long marketing campaigns and other important to consider that's why they didn't get much good attentions and activities happening in their thread.

[monkgg]

New race starting tomorrow!

[panjul07]

New race starting tomorrow!

After so long inactivity, today you come back with this short post? What do you expect and why didn't you give any other information about the race itself?
You gave no link as well, should we (forum members) try to find it ourselves if we are interested to know or to participate in the race?
I think you should do much better marketing strategy here if you want to get more interest from forum users or possible readers out of the forum.

[DYING_S0UL]

After so long inactivity, today you come back with this short post? What do you expect and why didn't you give any other information about the race itself?
You gave no link as well, should we (forum members) try to find it ourselves if we are interested to know or to participate in the race?
I think you should do much better marketing strategy here if you want to get more interest from forum users or possible readers out of the forum.

Absolutely zero effort from the representative. A simple link and an image wouldn't have taken much time, effort, or energy, not exactly rocket science. Total lack of professionalism...
Also they have been around for a long time, from 2023, yet they barely got any significant attention from anyone… and now I think I know why. Even their ANN thread looks dull, not attractive, ancient, nothing of  eye catching visuals or embedded designs..

Just checked their site and saw only 3 user online. So, u can imagine how big their userbase is!

[Mahdirakib]

After so long inactivity, today you come back with this short post? What do you expect and why didn't you give any other information about the race itself?

Because OP isn't good at marketing. I tried to find out some information about the race, but I can't see anything about it on the site. However, I can see a recently ended race on the site which have some rules about prize distribution. Maybe they will restart the same race tomorrow.



BTW, I just noticed $5+ (in BTC) on my account by logging in after a long time. I had received the amount from chat rain more than a year ago. I can see some improvement on the site. Looks like they have removed the mandatory KYC verification limit for placing bets. Monk.gg team has also increased the max bet and profit limit.

[panjul07]

After so long inactivity, today you come back with this short post? What do you expect and why didn't you give any other information about the race itself?

Because OP isn't good at marketing. I tried to find out some information about the race, but I can't see anything about it on the site. However, I can see a recently ended race on the site which have some rules about prize distribution. Maybe they will restart the same race tomorrow.

I guess so, he posted a news yesterday then went away (at least no online again till I write this post) means that he is coming back just to post something without any intention to interact with forum members.
Frankly, I cant really remember whether I have an account here or not since I'm not that interested to play here since the first time I visited this casino and until now I do not see something that attract me to play.
For the race, now I can see on going race namely Blackjack race, it is a weekly race with $1000 prizepool. I have no idea why a wagering race should be limited to a single game only so I think it is just another "bad" marketing strategy IMO.

[monkgg]

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glhf!

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