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Author Topic: ⭐ Crypto.Games ⭐ Low House Edge ⭐ Wagering Contest ⭐ Daily Challenges ⭐  (Read 343851 times)
Crypto-Games.net
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January 21, 2018, 12:43:36 AM
Last edit: January 21, 2018, 07:07:37 PM by Crypto-Games.net
 #3281

Another clean sweep for Dellwin435: 1.19 BTC win on Saturday's Bitcoin Lottery.


Current leaders of Wagering Contests after 20 days of wagering: https://bitcointalk.org/index.php?topic=1850986.msg28571088#msg28571088.

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Crypto-Games.net
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January 22, 2018, 12:45:55 AM
 #3282

Lottery payout change

We'll be changing payout on all future lotteries from current EV+ of 1% to 0% House edge. 100% of the money raised
with ticket sales will be paid out to the three winners.

This change will come in place from the following rounds:
  • Bitcoin lottery round 236
  • Dogecoin lottery round 118
  • Litecoin lottery round 30
  • Ethereum lottery round 88






Check our blog for latest updates: http://blog.crypto-games.net/.




Catch the winning spirit!

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SyGambler
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January 22, 2018, 06:45:39 AM
 #3283

Lottery payout change

We'll be changing payout on all future lotteries from current EV+ of 1% to 0% House edge. 100% of the money raised
with ticket sales will be paid out to the three winners.

This change will come in place from the following rounds:
  • Bitcoin lottery round 236
  • Dogecoin lottery round 118
  • Litecoin lottery round 30
  • Ethereum lottery round 88






Check our blog for latest updates: http://blog.crypto-games.net/.




Catch the winning spirit!

I did see that coming cause it doesn't make sense to offer such huge edge especially when the lotteries get big
anyways these lotteries were really great and offered nice value for the players so thanks for that


is it possible that maybe you can add a chat lottery that has no specific time to start , like it pop ups in chat once a week for example and last like 2 hours with a little bit extra money in the prizes
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January 22, 2018, 10:06:58 AM
 #3284

~snip~
We'll be changing payout on all future lotteries from current EV+ of 1% to 0% House edge. 100% of the money raised with ticket sales will be paid out to the three winners.

I did see that coming cause it doesn't make sense to offer such huge edge especially when the lotteries get big
anyways these lotteries were really great and offered nice value for the players so thanks for that


is it possible that maybe you can add a chat lottery that has no specific time to start , like it pop ups in chat once a week for example and last like 2 hours with a little bit extra money in the prizes
We're already running something similar every day where 10 players receive 0.2mBTC each: https://bitcointalk.org/index.php?topic=1863707.0

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January 22, 2018, 12:09:54 PM
 #3285

Lottery payout change

We'll be changing payout on all future lotteries from current EV+ of 1% to 0% House edge. 100% of the money raised
with ticket sales will be paid out to the three winners.

This change will come in place from the following rounds:
  • Bitcoin lottery round 236
  • Dogecoin lottery round 118
  • Litecoin lottery round 30
  • Ethereum lottery round 88
Too bad it had to come to this, but let's hope this will make the lottery enjoyable again for most people.
I take it that *some* people were abusing the +1% thing by purchasing the maximum amount of tickets each time?

Hope that puts a stop to it at least. Now I just have to make sure that I never mention that the lottery is +EV in my next posts Tongue

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January 22, 2018, 12:54:01 PM
 #3286


Too bad it had to come to this, but let's hope this will make the lottery enjoyable again for most people.
I take it that *some* people were abusing the +1% thing by purchasing the maximum amount of tickets each time?

Hope that puts a stop to it at least. Now I just have to make sure that I never mention that the lottery is +EV in my next posts Tongue

this not abusing , abusing would mean someone who has many accounts and buying the max tickets with all of his accounts
but if someone is buying the max tickets you can't call that abusing cause it's not against the rules
if the site has  10 players like dellwin it will cost the owners a lot of money , and btc volume hasn't been good due the network problem

maybe enabling this lottery again in the future with like 100 tickets max per user can help the situation ( if you considered bringing them back of course )

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January 22, 2018, 01:04:54 PM
 #3287


Too bad it had to come to this, but let's hope this will make the lottery enjoyable again for most people.
I take it that *some* people were abusing the +1% thing by purchasing the maximum amount of tickets each time?

Hope that puts a stop to it at least. Now I just have to make sure that I never mention that the lottery is +EV in my next posts Tongue

this not abusing , abusing would mean someone who has many accounts and buying the max tickets with all of his accounts
but if someone is buying the max tickets you can't call that abusing cause it's not against the rules
if the site has  10 players like dellwin it will cost the owners a lot of money , and btc volume hasn't been good due the network problem

maybe enabling this lottery again in the future with like 100 tickets max per user can help the situation ( if you considered bringing them back of course )

It was not abused (limit was and still is 10k tickets per player, 50k tickets per round), we just decided to end the EV+ rounds. It was meant for a promotion anyway, but that promotion last for almost a year  Cheesy

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.
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January 22, 2018, 01:07:06 PM
 #3288

this not abusing , abusing would mean someone who has many accounts and buying the max tickets with all of his accounts
but if someone is buying the max tickets you can't call that abusing cause it's not against the rules
if the site has  10 players like dellwin it will cost the owners a lot of money

I would agree with that. He was making sensible bets with odds in his favour.

maybe enabling this lottery again in the future with like 100 tickets max per user can help the situation ( if you considered bringing them back of course )

I'd probably go with 1000 tickets. With the price of BTC going 10x in the last year that would be a logical adjustment.

freebitcoin.TO WIN A  LAMBORGHINI!..

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January 22, 2018, 02:00:32 PM
 #3289

Wrong choice of words there, abusing wasn't the correct term, but I'd still say that it probably wasn't feasible to keep paying 1% extra on those large jackpots.

maybe enabling this lottery again in the future with like 100 tickets max per user can help the situation ( if you considered bringing them back of course )

I'd probably go with 1000 tickets. With the price of BTC going 10x in the last year that would be a logical adjustment.

That would definitely make it a bit more fun and would still allow for pretty big jackpots.

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January 22, 2018, 07:48:52 PM
 #3290

Lottery payout change

We'll be changing payout on all future lotteries from current EV+ of 1% to 0% House edge. 100% of the money raised
with ticket sales will be paid out to the three winners.

It's always a sad thing to see payouts get "lowered", although I have to say that this is going to be more positive than negative in my opinion. The pot may be smaller, but it also may be larger due to the increased interest now that people cannot simply purchase the max amount of tickets and be guaranteed profit into their account. This is a good move on your part, I definitely approve of this, because I've been wanting to purchase lottery tickets from you guys, but it has just seemed futile with the way things have been going prior. This will probably increase interest, definitely increase the "fairness" of the lottery and at worst it may lower the payout by an insignificant amount.

Every day we'll give away 10 rewards of 0.0002 BTC to random players that were active in past 24 hours!

Requirements/limitations:
- Be on site every day to be part of daily draw
- Amount will be automatically credited to your account
- Thats it Wink

I noticed this in the other thread you have about your daily giveaway and yet another reason I have to hangout on your site daily. I'm going to assume this is different from the "rain" that falls in the chat, and if that is the case you guys hand-out more coin rewards than any other casino OR faucet I have ever seen. You guys do an extraordinary job at allowing people to get their hands dirty without even needing any coin to do so.

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January 22, 2018, 11:07:50 PM
 #3291

There have been some changes on our leaderboard of Bitcoin Wagering Contest, these are current op 5 players:





One week of wagering left this month, join and win up to 0.5 BTC.



Catch the winning spirit!

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January 23, 2018, 10:14:23 AM
 #3292

Best thing about Crypto-games.net is there is no need for registration to play and they accept many coins. They uses Secured Hash Algorithm like the other trusted gambling sites for provably fair system. We have a number of options for games but, the user interface is confusing for a newbie. I like playing Lotto and dice there. Withdrawal is instant and we can select the withdrawal fee. This option is very helpful if we need a faster withdrawal or we don't wan't to spend more on withdrawal fees. They have a very good support team and moderators. I'm a member since December 2017 and so far, it's very good website to me.

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January 24, 2018, 12:30:45 AM
 #3293

Last Slot Jackpot was almost a week ago. Go for it and win op to 5 BTC . Tongue


@PDNade: Thanks for the kind words. We do our best to improve and try to make it as comfortable as possible for our players.

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January 24, 2018, 10:32:51 PM
 #3294

Huge lotto draws tomorrow, 9 hours left to buy tickets!!



Bitcoin Lotto:
1st place: 0.84624 BTC
2nd place: 0.15867 BTC
3rd place: 0.06347 BTC

Total tickets bought so far: 10578



Dogecoin Lotto:
1st place: 2,059,400 DOGE
2nd place: 386,138 DOGE
3rd place: 154,455 DOGE

Total tickets bought so far: 10297



Ethereum Lotto:
1st place: 20.42200 ETH
2nd place: 3.82912 ETH
3rd place: 1.53165 ETH

Total tickets bought so far: 10211



Litecoin Lotto:
1st place: 41.920 LTC
2nd place: 7.860 LTC
3rd place: 3.144 LTC

Total tickets bought so far: 10480




Catch the winning spirit!

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January 26, 2018, 01:55:16 AM
 #3295

Current top 5 of Ethereum Wagering Contest with 5 days of wagering to go:






And congrats to Dellwin435 for winning all prizes of Thursday's Lotto draw!




Catch the winning spirit!

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January 27, 2018, 01:52:42 AM
 #3296

Bitcoin Lotto draw tomorrow, 5 hours left to buy tickets!!

Current prizes:
1st place: 0.01032 BTC
2nd place: 0.00194 BTC
3rd place: 0.00077 BTC

Total tickets bought so far: 129
Price per ticket: 0.00010 BTC


Catch the winning spirit!

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January 28, 2018, 04:45:46 AM
 #3297

Let me make a suggestion, because right now the forum is having some trouble with images loading in threads as far as I can tell (unless it is just me and the couple of people I have talked to. When you are displaying the Top 5 Wagering Contestants it does not display, so if we are interested in viewing it we have to quote your post and manually visit the image link ourselves. It might be a bit easier to just write the names directly, but that is just my 2-cents.

It looks like tomorrows draw is extremely light on tickets and in the jackpot, is Dellwin not participating this time around? That almost makes me feel like I could toss a small amount in and have a chance for the first time in a long time. Every now and then I buy a couple tickets, but it really feels like a waste with such a low chance of winning (though, I guess that's sort of the point of a lottery).

I wish I could come singing high-praises today, but I've had a rough couple days in real-life and in my casino-life. I lost a good chunk of Satoshi and had to call it quits before I started betting on my emotions; that's how you end up homeless in a night. I can't fault you guys, though, fair is fair and hopefully I can snatch some profit from you tomorrow.

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January 28, 2018, 04:50:47 AM
 #3298

It looks like tomorrows draw is extremely light on tickets and in the jackpot, is Dellwin not participating this time around?

They changed the lottery system from +1% EV to 0% EV. I doubt he or anyone else will bother buying the maximum number of tickets again, since it is no longer profitable to do so.
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January 28, 2018, 04:56:13 AM
 #3299

They changed the lottery system from +1% EV to 0% EV. I doubt he or anyone else will bother buying the maximum number of tickets again, since it is no longer profitable to do so.

That doesn't necessarily make it "not profitable" to do so, unless they are the only person participating; or am I thinking about it incorrectly?
If even 1-ticket is purchased by someone else, then you purchase the maximum amount of tickets, are you not almost guaranteed to profit that 1-ticket price from that someone else?

The 1% obviously pats the profit so it doesn't matter if anybody else even participates, but this seems to just encourage more participation.

If 2-people buy the maximum amount of tickets (or just the same amount of tickets), and they are the only people that bought tickets (for sake of argument) then one of them is going to profit 2x what they put into it.

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January 28, 2018, 05:29:16 AM
 #3300

That doesn't necessarily make it "not profitable" to do so, unless they are the only person participating; or am I thinking about it incorrectly?

When talking about EV we mean over a large sample of bets. When it was +1% EV for every 1 BTC he wagered the expectation, in the long run, is he should end up winning 0.01 BTC. Of course, luck is still involved he could have come away losing or winning more but statistically that is the expectation. Now with 0% EV the expectation is to breakeven so there really isn't much point playing the way he was.

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