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Author Topic: SatoshiDICE.com - The World's Most Popular Bitcoin Game  (Read 398537 times)
dooglus
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December 28, 2012, 08:19:02 PM
 #981

what does this payout of 0.0000775 mean? a loss or a win? does this mean it is a win and the pot is running out of cash?

http://blockchain.info/tx-index/39708736/67c62117b8a8c2a6a5d78c2bc9dbe749706a377477fb686e9437ed4b84c2856d

thanks!

EDIT: the bet was 0.1155 with a fee of 0.0005 (http://blockchain.info/tx-index/39708718/8429a00bbc6b2bd4788636a44f698d4b0bac8991e5cbf405d9d21ad751606ca2). if it is a loss then the payout should be 0.00000001 with a fee of 0.0005. if it is a win then the payout should be 0.23094444 with a fee of 0.0005.

You bet 0.1155 and lost.

Losing bets pay out 0.005 times the bet, minus a fee of 0.0005 (or 0.00000001, whichever is greater)

Code:
(0.1155 * 0.005) - 0.0005 = 0.0000775

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GernMiester
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December 28, 2012, 08:48:02 PM
 #982

http://blockchain.info/tx-index/39420845/9ea71aa39c1541d6a45dfe81c0826fd5437ffe73b1bf7d451bcaba167be407ac

I turned $0.13 into $130.00 USD...


dooglus
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December 28, 2012, 09:17:34 PM
 #983


This is a clearer view of the same bet:

http://www.satoshidice.com/full.php?tx=b50c82a7d94598470f3c693183c74653734b2805c5b9f179a07b9768e62aec24

GoWest
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December 28, 2012, 09:37:25 PM
 #984


That is awesome!  Congrats!

GoWest
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December 28, 2012, 09:39:00 PM
 #985

I <3 SatoshiDice.   Kiss



Well, this hasn't yet ended in tears:



264 BTC from the top of the leaderboard.  Will I make it?!?!

I'm now up by 2000 BTC or so (the calculator on blockchain.info isn't showing for some reason). I think it's time to call it quits!

legitnick
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December 28, 2012, 10:57:05 PM
 #986

I <3 SatoshiDice.   Kiss



Well, this hasn't yet ended in tears:



264 BTC from the top of the leaderboard.  Will I make it?!?!

I'm now up by 2000 BTC or so (the calculator on blockchain.info isn't showing for some reason). I think it's time to call it quits!
How many coins did you start out with?

5 BITCOIN RAFFLE GIVEAWAY
"I dont lift" - Lord Furrycoat
Bowjob
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December 28, 2012, 11:46:28 PM
 #987

I <3 SatoshiDice.   Kiss



Well, this hasn't yet ended in tears:



264 BTC from the top of the leaderboard.  Will I make it?!?!

I'm now up by 2000 BTC or so (the calculator on blockchain.info isn't showing for some reason). I think it's time to call it quits!

Gratz

It seemed like a good idea at the time.
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December 29, 2012, 01:03:05 AM
 #988

I <3 SatoshiDice.   Kiss



Well, this hasn't yet ended in tears:



264 BTC from the top of the leaderboard.  Will I make it?!?!

I'm now up by 2000 BTC or so (the calculator on blockchain.info isn't showing for some reason). I think it's time to call it quits!
It is definitely time to call it quits. Take your 26K USD and run.

I recommend asking me for a signature from my GPG key before doing a trade. I will NEVER deny such a request.
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December 29, 2012, 01:15:06 AM
 #989

I <3 SatoshiDice.   Kiss



Well, this hasn't yet ended in tears:



264 BTC from the top of the leaderboard.  Will I make it?!?!

I'm now up by 2000 BTC or so (the calculator on blockchain.info isn't showing for some reason). I think it's time to call it quits!
How many coins did you start out with?

850.

Bowjob
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December 29, 2012, 11:51:20 AM
 #990

Is there a way to bet on Satoshi once, but different bets?

For instance, I want to do satoshi 73%, but then I want it so I do like 10 different bets, but one single transaction?

It seemed like a good idea at the time.
legitnick
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December 29, 2012, 12:09:01 PM
 #991

Is there a way to bet on Satoshi once, but different bets?

For instance, I want to do satoshi 73%, but then I want it so I do like 10 different bets, but one single transaction?
You can do this with the blockchain.info wallet.

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Bowjob
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December 29, 2012, 12:38:20 PM
 #992

How come not all the dice are there?

It seemed like a good idea at the time.
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December 29, 2012, 01:18:48 PM
 #993

How come not all the dice are there?

much like Las Vegas craps games, from time to time you have to change the dice to make sure no one has an edge on you or is past-posting.

Chairman SwCPoker.eu Bitcoin Poker 2.0 |  Pro Poker Player  |  blog & podcas DonkDown.com | @BryanMicon | 2015- PGP Key
dooglus
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December 29, 2012, 07:18:41 PM
 #994

Is there a way to bet on Satoshi once, but different bets?

For instance, I want to do satoshi 73%, but then I want it so I do like 10 different bets, but one single transaction?

Each transaction gets a single "lucky number".

If you make multiple payments to the same satoshidice address in a single transaction, they'll all get the same lucky number.  It acts just as if you made a single large payment to that address with the following exception: if you exceed the max bet with a single payment, the payment is returned to you and your bet doesn't count, but if you break your payment into multiple smaller amounts then they will be processed until their sum exceeds the maximum bet.  So for example if you send a single 10 BTC payment to an address with a max bet of 5 BTC it will be returned, but if you send 10 single 1 BTC payments to the same address, 5 of them will be processed and the other 5 will be returned.

evoorhees
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December 30, 2012, 05:42:23 PM
 #995

I <3 SatoshiDice.   Kiss



I hate you and hope you die
Are you serious?

People should play on clone dice / nakabot now.

LOL it is amazing that the tag ::sarcasm:: has to be used!!  Do you really think I "hate him and hope that he dies?"  Roll Eyes 
evoorhees
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Democracy is the original 51% attack


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December 30, 2012, 05:52:50 PM
 #996


Well played, sir!
TradeFortress
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December 31, 2012, 07:29:09 AM
 #997

How come not all the dice are there?

much like Las Vegas craps games, from time to time you have to change the dice to make sure no one has an edge on you or is past-posting.
No, more like because Blockchain.info didn't implement them all for UI reasons.
dooglus
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January 02, 2013, 06:10:15 AM
 #998

After winning over 11,000 BTC recently, the maximum bets at satoshidice have now been reduced.  It used to be possible to bet 250 BTC on <32000, <24000, <12000 but isn't any longer.

Is that deliberate, or did something go wrong?


TradeFortress
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January 02, 2013, 09:48:46 AM
 #999

After winning over 11,000 BTC recently, the maximum bets at satoshidice have now been reduced.  It used to be possible to bet 250 BTC on <32000, <24000, <12000 but isn't any longer.

Is that deliberate, or did something go wrong?


I think this might have being deliberate. SatoshiDICE wants lower variance (since it is -EV), and therefore lowered the max bets (which means the max wins from a single bet).
giantdragon
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January 02, 2013, 04:13:07 PM
 #1000

I think this might have being deliberate. SatoshiDICE wants lower variance (since it is -EV)
I am just wondering why so many people play there even knowing that odds are always against them! Huh SatoshiDice is no different from the Vegas casinos who make all possible to enforce positive EV for them (have you ever heard about card counting systems in the Blackjack and how casinos treated with own players? This film is almost 100% truth, IMHO). The only one difference between offline casinos and S.Dice is that real casinos have to pay workers, license fees, taxes, building maintenance costs etc, but S.Dice owner can just count all players' loses as his pure profit and even to harm other Bitcoin users by polluting blockchain.

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