omahapoker
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May 31, 2015, 10:00:11 AM |
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fj made the dice jackpot a lot eaiser to hit. u only have to get 6 numbers now i got 1,2,3,4 a few times today. just need two more for the jackpot Hmm, that's interesting. Seems like it'd be abused by people betting 0.000001 BTC (that's 1 uBTC) though, 20% of ~1.7 BTC (~0.34 BTC) is still quite nice pay for such low risk. A bot might even make that quite profitable. Hopefully people don't decide to abuse that else FJ will probably have to make micro-bets ineligible. jackpot is high now but after a few hits 20% wont be big enough to pursue. i like it only jackpot in dice that i know of
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pawel7777
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May 31, 2015, 12:55:28 PM |
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Hmm, that's interesting. Seems like it'd be abused by people betting 0.000001 BTC (that's 1 uBTC) though, 20% of ~1.7 BTC (~0.34 BTC) is still quite nice pay for such low risk. A bot might even make that quite profitable. Hopefully people don't decide to abuse that else FJ will probably have to make micro-bets ineligible.
It won't be profitable to run a bot. Max bet is 1 BTC, so that's enough for only 20 steps of martingale. The highest noted losing streak at 2x payout on Just-Dice was over 30, so 20 losses in a row is pretty realistic. Ps. mattyd403 is the first dice jackpot winner, he grabbed BTC0.858748018 (50%). Congrats!
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
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omahapoker
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June 01, 2015, 02:26:02 PM |
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so far 2 winners in 4 days since odds changed in dice jackpot. i always try for the 20% cut. doesnt take much to play
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Coef
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June 01, 2015, 04:20:49 PM |
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The expected return of flat betting 0.000001 btc would now be 99% * 0.000001 + 10%^6 * 20% * size of jackpot pool, am I right? If that is correct, it should be profitable to make lots of 0.000001 bets as long as jackpot pool has more than 0.05 btc.
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DiamondCardz
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June 01, 2015, 06:48:43 PM |
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Hmm, that's interesting. Seems like it'd be abused by people betting 0.000001 BTC (that's 1 uBTC) though, 20% of ~1.7 BTC (~0.34 BTC) is still quite nice pay for such low risk. A bot might even make that quite profitable. Hopefully people don't decide to abuse that else FJ will probably have to make micro-bets ineligible.
It won't be profitable to run a bot. Max bet is 1 BTC, so that's enough for only 20 steps of martingale. The highest noted losing streak at 2x payout on Just-Dice was over 30, so 20 losses in a row is pretty realistic. Ps. mattyd403 is the first dice jackpot winner, he grabbed BTC0.858748018 (50%). Congrats! Why would you martingale when going for the jackpot with such a low bet? There's no reason at all to martingale in an attempt to avoid a loss when betting 1 uBTC simply to win a jackpot. It doesn't make mathematical sense. The expected return of flat betting 0.000001 btc would now be 99% * 0.000001 + 10%^6 * 20% * size of jackpot pool, am I right? If that is correct, it should be profitable to make lots of 0.000001 bets as long as jackpot pool has more than 0.05 btc.
That seems correct, i.e. 0.00000099 + (0.000001 * 0.2 * size of jackpot). So for a jackpot of 0.05 BTC the expected return for betting 0.000001 BTC is 0.000001 BTC - also known as 0.00000099 + (0.000001 * 0.2 * 0.05). Anything above that will be profitable, and clearly a jackpot of say 1 BTC is going to be botted. I don't think FJ is concerned though and to be honest I don't see why they should worry either way - they can only get 20% of the jackpot. Does that mean the 60% left over (as 20% goes back into the pot anyway) goes to FJ or to the jackpot again? If it goes back to FJ, then it's actually profitable for them if people do this, if it goes back to the pot, then it doesn't matter anyway. And I suppose it's still betting activity for them either way, heh.
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BA Computer Science, University of Oxford Dissertation was about threat modelling on distributed ledgers.
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pawel7777
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June 01, 2015, 07:31:03 PM |
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Hmm, that's interesting. Seems like it'd be abused by people betting 0.000001 BTC (that's 1 uBTC) though, 20% of ~1.7 BTC (~0.34 BTC) is still quite nice pay for such low risk. A bot might even make that quite profitable. Hopefully people don't decide to abuse that else FJ will probably have to make micro-bets ineligible.
It won't be profitable to run a bot. Max bet is 1 BTC, so that's enough for only 20 steps of martingale. The highest noted losing streak at 2x payout on Just-Dice was over 30, so 20 losses in a row is pretty realistic. Ps. mattyd403 is the first dice jackpot winner, he grabbed BTC0.858748018 (50%). Congrats! Why would you martingale when going for the jackpot with such a low bet? There's no reason at all to martingale in an attempt to avoid a loss when betting 1 uBTC simply to win a jackpot. It doesn't make mathematical sense. My bad, somehow automatically assumed (without checking) that placing 'normal' bets will result in house edge profit > jackpot. With 1 in a million chance of hitting jackpot that's not the case. Although things are getting more complicated when you know that placing 1 million, or even 10 million bets won't guarantee you win and that there are multiple players competing with you.
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
[/tabl
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DiamondCardz
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June 01, 2015, 07:34:23 PM |
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Hmm, that's interesting. Seems like it'd be abused by people betting 0.000001 BTC (that's 1 uBTC) though, 20% of ~1.7 BTC (~0.34 BTC) is still quite nice pay for such low risk. A bot might even make that quite profitable. Hopefully people don't decide to abuse that else FJ will probably have to make micro-bets ineligible.
It won't be profitable to run a bot. Max bet is 1 BTC, so that's enough for only 20 steps of martingale. The highest noted losing streak at 2x payout on Just-Dice was over 30, so 20 losses in a row is pretty realistic. Ps. mattyd403 is the first dice jackpot winner, he grabbed BTC0.858748018 (50%). Congrats! Why would you martingale when going for the jackpot with such a low bet? There's no reason at all to martingale in an attempt to avoid a loss when betting 1 uBTC simply to win a jackpot. It doesn't make mathematical sense. My bad, somehow automatically assumed (without checking) that placing 'normal' bets will result in house edge profit > jackpot. With 1 in a million chance of hitting jackpot that's not the case. Although things are getting more complicated when you know that placing 1 million, or even 10 million bets won't guarantee you win and that there are multiple players competing with you. Well, if the jackpot is 0.05 BTC constantly and you constantly bet 1 uBTC, your variance/profit will always tend towards zero. Any jackpot above 0.05 BTC will result in your profit over time eventually going positive and rising proportionally to how high the jackpot is above 0.05 BTC.
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BA Computer Science, University of Oxford Dissertation was about threat modelling on distributed ledgers.
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pawel7777
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June 01, 2015, 08:59:04 PM |
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Well, if the jackpot is 0.05 BTC constantly and you constantly bet 1 uBTC, your variance/profit will always tend towards zero. Any jackpot above 0.05 BTC will result in your profit over time eventually going positive and rising proportionally to how high the jackpot is above 0.05 BTC.
Yup. but it's not safe to assume JP will always stay above 0.05. If too many people are aware of the advantage, and you have say 20 players competing, then JP could easily go below that. And as you mentioned: jackpot above 0.05 BTC will result in your profit over time eventually The problem is it can take a long time to break even or get in profit position. Short term results is based purely on luck. If you want to play this way, you have to have enough funds, as placing 1 mil bets won't give you 100% chance of winning, it could as well take 10-20 mils bets.
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
[/tabl
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DiamondCardz
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June 01, 2015, 09:23:47 PM |
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Yup. but it's not safe to assume JP will always stay above 0.05. If too many people are aware of the advantage, and you have say 20 players competing, then JP could easily go below that.
I think it's fair to say it'll quite often be above 0.05, that isn't a high amount and there isn't a particularly high chance to get the JP. And as you mentioned: jackpot above 0.05 BTC will result in your profit over time eventually The problem is it can take a long time to break even or get in profit position. Short term results is based purely on luck. If you want to play this way, you have to have enough funds, as placing 1 mil bets won't give you 100% chance of winning, it could as well take 10-20 mils bets. And my entire point is that with 1 uBTC bets you're going to be going long-term. Unless you somehow are losing a ridiculously high amount of bets, we're talking hundreds of thousands over your wins - which is so, so, so unlikely - you're not going to be very bad off because of variance. Just as a note, you would need a hundred thousand losses more than wins with these bets...to lose $25.
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BA Computer Science, University of Oxford Dissertation was about threat modelling on distributed ledgers.
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JLynn171
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June 01, 2015, 10:43:11 PM |
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Seems like the chances of winning the jackpots on games has got alot tougher.... keno is one i noticed most only getting 1 chance every 200 spins??
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mattersbigoldick
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June 02, 2015, 12:57:32 AM |
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So... i made a withdrawal today. My casino account page shows the withdrawal as complete. The withdrawal page still has my wallet address populated in the appropriate field, which I have twice confirmed as accurate. And the wirhdrawal amount has been deducted from my casino account. However, they do not offer a transaction i.d., the funds have not arrived to my wallet, nor do they show as pending, and the blockchain has no record of them sending it at all. Also, zero response to support requests or to messages on this forum. This was several hours ago, as I do realize the time difference. Zero response to support requests from 7 hours ago makes me feel enough uncertainty with this site to reach out and possibly warn others.
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fox19891989
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June 02, 2015, 02:57:50 AM |
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So... i made a withdrawal today. My casino account page shows the withdrawal as complete. The withdrawal page still has my wallet address populated in the appropriate field, which I have twice confirmed as accurate. And the wirhdrawal amount has been deducted from my casino account. However, they do not offer a transaction i.d., the funds have not arrived to my wallet, nor do they show as pending, and the blockchain has no record of them sending it at all. Also, zero response to support requests or to messages on this forum. This was several hours ago, as I do realize the time difference. Zero response to support requests from 7 hours ago makes me feel enough uncertainty with this site to reach out and possibly warn others.
You will get paid I am sure, they have paid big payouts and I think you should be more patient, write a post here is better than a ticket, and you can also talk to admin in the chatting room, I heard FJ is a Russian casino, so time difference is an issue. Just be patient.
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mattersbigoldick
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June 02, 2015, 05:11:14 AM |
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So... i made a withdrawal today. My casino account page shows the withdrawal as complete. The withdrawal page still has my wallet address populated in the appropriate field, which I have twice confirmed as accurate. And the withdrawal amount has been deducted from my casino account. However, they do not offer a transaction i.d., the funds have not arrived to my wallet, nor do they show as pending, and the blockchain has no record of them sending it at all. Also, zero response to support requests or to messages on this forum. This was several hours ago, as I do realize the time difference. Zero response to support requests from 7 hours ago makes me feel enough uncertainty with this site to reach out and possibly warn others.
You will get paid I am sure, they have paid big payouts and I think you should be more patient, write a post here is better than a ticket, and you can also talk to admin in the chatting room, I heard FJ is a Russian casino, so time difference is an issue. Just be patient. Thanks for the advice. I felt like I had given the situation several hours, and attempted all avenues of communication, including chat. I'm sure they have a great history of completing transactions successfully. My concern is when I see their site telling me the transaction is complete, but it's not, and no other information. Organizations that "go away" while causing losses to it's customers, usually have a good history until the day they don't. But, again, I appreciate the advice and reassurance. Just explaining my reasoning to try and not sound too alarmist or reactionary.
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FortuneJack (OP)
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www.fortunejack.com
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June 02, 2015, 06:55:59 AM Last edit: June 02, 2015, 07:44:18 AM by FortuneJack |
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So... i made a withdrawal today. My casino account page shows the withdrawal as complete. The withdrawal page still has my wallet address populated in the appropriate field, which I have twice confirmed as accurate. And the wirhdrawal amount has been deducted from my casino account. However, they do not offer a transaction i.d., the funds have not arrived to my wallet, nor do they show as pending, and the blockchain has no record of them sending it at all. Also, zero response to support requests or to messages on this forum. This was several hours ago, as I do realize the time difference. Zero response to support requests from 7 hours ago makes me feel enough uncertainty with this site to reach out and possibly warn others.
If you click on your withdraw transaction ID, you are directed straight to your coin explorer, opening up withdraw transaction where you can see status whether it is confirmed or not. There was a minor problem with the DOGE coin server, that was already fixed. The amount was credited back to your account you can withdraw it straight away, accept our apologies for the delay.
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mattersbigoldick
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June 02, 2015, 07:54:46 AM |
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So... i made a withdrawal today. My casino account page shows the withdrawal as complete. The withdrawal page still has my wallet address populated in the appropriate field, which I have twice confirmed as accurate. And the wirhdrawal amount has been deducted from my casino account. However, they do not offer a transaction i.d., the funds have not arrived to my wallet, nor do they show as pending, and the blockchain has no record of them sending it at all. Also, zero response to support requests or to messages on this forum. This was several hours ago, as I do realize the time difference. Zero response to support requests from 7 hours ago makes me feel enough uncertainty with this site to reach out and possibly warn others.
If you click on your withdraw transaction ID, you are directed straight to your coin explorer, opening up withdraw transaction where you can see status whether it is confirmed or not. There was a minor problem with the DOGE coin server, that was already fixed. The amount was credited back to your account you can withdraw it straight away, accept our apologies for the delay. Thank you for resolving and explaining the issue, which has been fixed. However, the withdrawal transaction id on your site was not clickable on the first withdrawal which was unsuccessful but, displayed as complete on your site. So, while I understand you are explaining how to view the blockchain transaction for a withdrawal, it was not feasible for or relevant to the withdrawal of concern. The new, successful withdrawal does have a clickable tx id. thanks
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FortuneJack (OP)
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June 02, 2015, 01:01:12 PM |
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Check out FortuneJack's latest video and let us know what you think: https://youtu.be/gfANCxhtK9s
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Joca97
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The Best Tipster on the Forum!!
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June 02, 2015, 01:48:26 PM |
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The video looks amazing,nice introduction for your site,you got a like from me on your video also nice part of jack getting banned from all casinos in the world,kind of funny
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Hura
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June 03, 2015, 10:52:08 PM |
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...
Well, if the jackpot is 0.05 BTC constantly and you constantly bet 1 uBTC, your variance/profit will always tend towards zero. Any jackpot above 0.05 BTC will result in your profit over time eventually going positive and rising proportionally to how high the jackpot is above 0.05 BTC.
I think that's no correct. The odds is not 10^6... because everytime you pick up a "1" you must pick up a "2"... otherwise you restart. For example, in those case you pick up the "1 to 6" but you don't win the jackpot: 1-1-2-3-4-5-6 1-2-1-2-3-4-5-6 1-2-3-1-2-3-4-5-6 1-2-3-4-1-2-3-4-5-6 1-2-3-4-5-1-2-3-4-5-6 probably... the correct odds is from (10^6) to 2*(10^6)
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fox19891989
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June 04, 2015, 02:43:21 AM |
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...
Well, if the jackpot is 0.05 BTC constantly and you constantly bet 1 uBTC, your variance/profit will always tend towards zero. Any jackpot above 0.05 BTC will result in your profit over time eventually going positive and rising proportionally to how high the jackpot is above 0.05 BTC.
I think that's no correct. The odds is not 10^6... because everytime you pick up a "1" you must pick up a "2"... otherwise you restart. For example, in those case you pick up the "1 to 6" but you don't win the jackpot: 1-1-2-3-4-5-6 1-2-1-2-3-4-5-6 1-2-3-1-2-3-4-5-6 1-2-3-4-1-2-3-4-5-6 1-2-3-4-5-1-2-3-4-5-6 probably... the correct odds is from (10^6) to 2*(10^6) I don't think so, it is only one combination to win jackpot, you need to roll 1-2-3-4-5-6, don't care about other rolls before or after your get 1-2-3-4-5-6, so 1-1-2-3-4-5-6 1-2-1-2-3-4-5-6 1-2-3-1-2-3-4-5-6 1-2-3-4-1-2-3-4-5-6 1-2-3-4-5-1-2-3-4-5-6 can also win the jackpot, should be 10^6
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bitllionaire
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June 04, 2015, 02:47:25 AM |
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...
Well, if the jackpot is 0.05 BTC constantly and you constantly bet 1 uBTC, your variance/profit will always tend towards zero. Any jackpot above 0.05 BTC will result in your profit over time eventually going positive and rising proportionally to how high the jackpot is above 0.05 BTC.
I think that's no correct. The odds is not 10^6... because everytime you pick up a "1" you must pick up a "2"... otherwise you restart. For example, in those case you pick up the "1 to 6" but you don't win the jackpot: 1-1-2-3-4-5-6 1-2-1-2-3-4-5-6 1-2-3-1-2-3-4-5-6 1-2-3-4-1-2-3-4-5-6 1-2-3-4-5-1-2-3-4-5-6 probably... the correct odds is from (10^6) to 2*(10^6) I don't think so, it is only one combination to win jackpot, you need to roll 1-2-3-4-5-6, don't care about other rolls before or after your get 1-2-3-4-5-6, so 1-1-2-3-4-5-6 1-2-1-2-3-4-5-6 1-2-3-1-2-3-4-5-6 1-2-3-4-1-2-3-4-5-6 1-2-3-4-5-1-2-3-4-5-6 can also win the jackpot, should be 10^6 I think you are right It only matters when you are getting the correct serie for the jackpot and not before
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