funtotry
Sr. Member
 Offline
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
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March 16, 2015, 01:46:13 AM |
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It works just like the other 4 lines. The chance to get the highest multiplier (x3000 in current promo game, x999 in red, x111 in yellow, etc) is 1 in 32768.
So it is just pure blind luck to just hit that 1 to 32768. That basically means so if you want to hit that multiplayer x3000 you need to bet 32768 times in a row and you will have it for sure... Some people are just insanely lucky, Lioliomir is hell of an embodiment of luck... I thought it would be easier, but winning is always hard. No you are incorrect. It could be possible to hit it on the first time and 10 times in a row, or never hit it after making a bet 10 trillion times. Its LIKELY that you will hit it in that amount of number but nothing is guaranteed. |
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onewiseguy
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March 16, 2015, 01:58:26 AM |
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LuckyBit Breaking News, live from our beloved chatbox :
Congratulations For Lioliomir
2015-03-15 19:42:19 Promo 0.02 ×300 => 5.98 BTC
Promo Line Record :
11 x300
3 x3000
wow congrats Liolimoir he is not on here? |
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Shogen
Legendary
Offline
Activity: 966
Merit: 1001
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March 16, 2015, 02:15:24 AM |
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[...]
you need to bet 32768 times in a row and you will have it for sure...
[...]
In fact no. You could bet a billion time and sill not get it, it's possible. And you could bet one time and get it. That is the beauty of probabilities, leading to the interesting concept of "luck".  Just for your reference: Chance to hit x3000 with 1 bet = 1/32768= 0.00305% Chance to hit x3000 at least once with 100 bets = 1-(1-1/32768)^100 = 0.3047% Chance to hit x3000 at least once with 10000 bets = 1-(1-1/32768)^10000 = 26.3% Chance to hit x3000 at least once with 1000000 bets = 1-(1-1/32768)^1000000 = 99.9999999999944%  |
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zcxvbs
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March 16, 2015, 02:24:34 AM |
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[...]
you need to bet 32768 times in a row and you will have it for sure...
[...]
In fact no. You could bet a billion time and sill not get it, it's possible. And you could bet one time and get it. That is the beauty of probabilities, leading to the interesting concept of "luck". Just for your reference: Chance to hit x3000 with 1 bet = 1/32768= 0.00305% Chance to hit x3000 at least once with 100 bets = 1-(1-1/32768)^100 = 0.3047% Chance to hit x3000 at least once with 10000 bets = 1-(1-1/32768)^10000 = 26.3% Chance to hit x3000 at least once with 1000000 bets = 1-(1-1/32768)^1000000 = 99.9999999999944% It's theoretical odds, you could probably hit x3000 with 10 bets or never hit a x100 even you make thousands of bets. It's about the odds and the luck. |
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Shogen
Legendary
Offline
Activity: 966
Merit: 1001
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March 16, 2015, 02:27:56 AM |
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[...]
you need to bet 32768 times in a row and you will have it for sure...
[...]
In fact no. You could bet a billion time and sill not get it, it's possible. And you could bet one time and get it. That is the beauty of probabilities, leading to the interesting concept of "luck". Just for your reference: Chance to hit x3000 with 1 bet = 1/32768= 0.00305% Chance to hit x3000 at least once with 100 bets = 1-(1-1/32768)^100 = 0.3047% Chance to hit x3000 at least once with 10000 bets = 1-(1-1/32768)^10000 = 26.3% Chance to hit x3000 at least once with 1000000 bets = 1-(1-1/32768)^1000000 = 99.9999999999944% It's theoretical odds, you could probably hit x3000 with 10 bets or never hit a x100 even you make thousands of bets. It's about the odds and the luck. Of course. I just want to provide Slark some probabilities to help him better understand how easily or hard to hit x3000. |
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LuckyBitSupport (OP)
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March 16, 2015, 02:57:19 AM |
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Stats for previous game
The previous game was proposed by siampumpkin.
It attracted 23666 bets and 202BTC wagered.
The net profit for the site was -17.8BTC.
More info: https://bitcointalk.org/index.php?topic=873587.msg10786547#msg10786547 |
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Tongkar
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March 16, 2015, 03:46:29 AM |
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You guys went that negative wow. I never seem to win at luckybit but ill keep trying maybe someday. |
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edmundduke
Legendary
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Activity: 1624
Merit: 1007
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March 16, 2015, 06:51:38 AM |
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That is a huge amount of bets to be fair and a really nice amount of BTC played. Looks like the "Promo" lines are a really successful additions. |
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trafficolaa
Legendary
Offline
Activity: 1008
Merit: 1000
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March 16, 2015, 07:39:07 AM |
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that is nice amount of wagered and much players got profit with new money line, so that is much profitable for players but i tried this line with 5 bets and all gone negative. |
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innocent93
Legendary
Offline
Activity: 896
Merit: 1000
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March 16, 2015, 07:45:57 AM |
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You guys went that negative wow. I never seem to win at luckybit but ill keep trying maybe someday. But in general, they always win. I never see so much big win in a short time, But it's based on a huge bet amount on LB, the more they lose, the more they win. |
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Ume
Full Member
Offline
Activity: 210
Merit: 100
Finding oNlinE JoB ---=== :)
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March 16, 2015, 02:21:26 PM |
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You guys went that negative wow. I never seem to win at luckybit but ill keep trying maybe someday. But in general, they always win. I never see so much big win in a short time, But it's based on a huge bet amount on LB, the more they lose, the more they win. Yrah it is one guy won much one guy loses all .. But the house wins .. |
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BRE
Legendary
Offline
Activity: 1218
Merit: 1014
Lucky.lat | Marketing Solutions & Implementations
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March 16, 2015, 07:58:44 PM |
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LuckyBit Breaking News, live from our beloved chatbox :
Congratulations For Anonymous Player
2015-03-16 19:51:27 Yellow 0.003 ×38 => 0.111 BTC
Yellow Line Record :
117 x38
6 x111 |
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seoincorporation
Legendary
Offline
Activity: 3150
Merit: 2931
Top Crypto Casino
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March 17, 2015, 12:01:04 AM |
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You guys went that negative wow. I never seem to win at luckybit but ill keep trying maybe someday. But in general, they always win. I never see so much big win in a short time, But it's based on a huge bet amount on LB, the more they lose, the more they win. Yrah it is one guy won much one guy loses all .. But the house wins ..Profit site -17.8 mean the house lose that Bitcoins. This time the house lose, that x3000 with 0.01 was a killer bet. the house lost 30 bitcoins with that single bet, and there were 2 more x3000 winners. |
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BrianM
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March 17, 2015, 01:06:52 PM |
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Uh, I had a bad streak  I only have 0.00116051 BTC left. The page say that the minimum bet is 0.002 BTC, what happen if make an finally PROMO all-in with my last funds, and it is below the minimum bet size? Will my coins be confiscated or is the minimum bet more like a "recommended minimum bet". And will such a bed will be played anyway? -BM- |
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stingleword
Legendary
Offline
Activity: 1008
Merit: 1001
Out of crypto entirely and don't miss it
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March 17, 2015, 01:47:18 PM |
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Uh, I had a bad streak I only have 0.00116051 BTC left. The page say that the minimum bet is 0.002 BTC, what happen if make an finally PROMO all-in with my last funds, and it is below the minimum bet size? Will my coins be confiscated or is the minimum bet more like a "recommended minimum bet". And will such a bed will be played anyway? -BM- If you send an amount below the minimum bet, the full amount minus transaction fee will be returned to you immediately and no bet will be played. |
Crypto is dead, its community is a series of bad jokes.
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BRE
Legendary
Offline
Activity: 1218
Merit: 1014
Lucky.lat | Marketing Solutions & Implementations
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March 17, 2015, 05:25:36 PM |
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LuckyBit Breaking News, live from our beloved chatbox :
Congratulations For Lioliomir
2015-03-17 17:10:08 Red 0.01 ×130 => 1.29 BTC
Red Line Record :
224 x130
18 x999 |
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diegocosta
Newbie
Offline
Activity: 42
Merit: 0
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March 17, 2015, 09:16:23 PM |
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LuckyBit Breaking News, live from our beloved chatbox :
Congratulations For Lioliomir
2015-03-17 17:10:08 Red 0.01 ×130 => 1.29 BTC
Red Line Record :
224 x130
18 x999
if i had the money i would come and gamble over at luckybit but transaction fees really add up, have you guys considered going off chain? |
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funtotry
Sr. Member
Offline
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
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March 17, 2015, 09:17:44 PM |
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LuckyBit Breaking News, live from our beloved chatbox :
Congratulations For Lioliomir
2015-03-17 17:10:08 Red 0.01 ×130 => 1.29 BTC
Red Line Record :
224 x130
18 x999
if i had the money i would come and gamble over at luckybit but transaction fees really add up, have you guys considered going off chain? The offchain question has been asked a bunch of times and I think they are staying onchain for now but I believe I heard somewhere that they were also planning on rolling out an onchain version |
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diegocosta
Newbie
Offline
Activity: 42
Merit: 0
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March 17, 2015, 10:21:16 PM |
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LuckyBit Breaking News, live from our beloved chatbox :
Congratulations For Lioliomir
2015-03-17 17:10:08 Red 0.01 ×130 => 1.29 BTC
Red Line Record :
224 x130
18 x999
if i had the money i would come and gamble over at luckybit but transaction fees really add up, have you guys considered going off chain? The offchain question has been asked a bunch of times and I think they are staying onchain for now but I believe I heard somewhere that they were also planning on rolling out an onchain version when/if that version comes out, it would be nice if you could bet any amount you want but only bets of a certain amount or over should be shown and high roller bets brighter than others |
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