[NEW] LOSS Streak Exchange Service - Check this out ;)

[ndnh]

Concept testing.

If you got a losing streak in a dice site and you are sad about it, Don't Worry! You can sell the account and make money! with this brand new exchange.

Interested users can buy or sell their accounts here.

All the following conditions must be satisfied for an account to be bought:
1. The said account must be in a reputed dice site.
Eg. Bitdice.me, PrimeDice, Just-Dice, etc.

2. The probability of such a streak should be less than 0.0075%.
(that is more than 13 losses at 50% chance, etc.)

3. The losing streak must have a minimum of 7 losses in a row. Any odds.

4. No bets should be made after the losing streak

5. Server seed and Client seed should not be changed.

6. The bets should be same sided.

7. Any other terms that may be added here.


Price may be as low as 0.001BTC to as high as 0.1BTC

[ndnh]

Reserved.

Buyers and Sellers.



The seller advantage:
Cash out on losing streaks like never before!

The buyer advantage:
Easily make a profit, since, you don't have to start from the seller's bet.
That is if a seller losing streak starts from 0.001BTC and ends in 1BTC, the buyer may start from 0.02BTC etc. instead.

[jonte]

http://en.wikipedia.org/wiki/Gambler%27s_fallacy

Your logic is flawed.

[ndnh]

http://en.wikipedia.org/wiki/Gambler%27s_fallacy

Your logic is flawed.

Yeah, I know that.

But, come on, hi and lo should even out gradually (I don't mean exactly or anything)...

[jonte]

But, come on, hi and lo should even out gradually

The irony burns.

[ndnh]

But, come on, hi and lo should even out gradually

The irony burns.

It was intended.


If you think logically, don't gamble.

Why would a person of an exceptional sense of logic, scroll through the threads of gambling section?
Gambling means negative EV..

[bensam12345]

hi,

i have 25 loss streak on primedice at 4x multiplier

i lost 0.15 btc in the account

what is your price?

[ndnh]

hi,

i have 25 loss streak on primedice at 4x multiplier

i lost 0.15 btc in the account

what is your price?

Was the bets same sided that is you didn't switch bets?
Does it satisfy all conditions mentioned in OP?

Can  you take a snapshot and post please?

Edit: I don't think the probability is less than 0.0075%

[boopy265420]

It is very interesting will use this exchange in future at least we have something where to recover little bit.

[nikona]

It is very interesting will use this exchange in future at least we have something where to recover little bit.

Yeah sounds like a good idea..I might try it sometime.

[bitjamz]

i have 15 loss streak account at 49.50 same sided but i dont sell it. i can only do 10% of the win.

[ndnh]

i have 15 loss streak account at 49.50 same sided but i dont sell it. i can only do 10% of the win.

What do you mean by 10% of the win?

If I bet 10 satoshis with that account and win, I have to give you 1 satoshi?
What if I lost?

[bitjamz]

i have 15 loss streak account at 49.50 same sided but i dont sell it. i can only do 10% of the win.

What do you mean by 10% of the win?

If I bet 10 satoshis with that account and win, I have to give you 1 satoshi?
What if I lost?

yep exactly and if you lost i will take nothing

[activebiz]

I've got a few accounts with 7loss streak on 89% win chance. how much can I get for them.

[ndnh]

i have 15 loss streak account at 49.50 same sided but i dont sell it. i can only do 10% of the win.

What do you mean by 10% of the win?

If I bet 10 satoshis with that account and win, I have to give you 1 satoshi?
What if I lost?

yep exactly and if you lost i will take nothing

I've got a few accounts with 7loss streak on 89% win chance. how much can I get for them.

Post a snapshot please



Any interested buyers for these accounts?

Start bidding!

[Pbitcoin]

anything for 999dice account ?? huh !!

[cramved]

This makes no sense, if you have a loss streak that doesn't make it anymore likely to win on your next bet it has the same odds as any other bet.

[yahoo62278]

why would i wanna sell my account on PD that has over 40btc wagered and half the achievements for a max of .1? i think if this is legit they should think about restructuring their buyouts. only desperate gamblers would want this deal

[waterpile]

anything for 999dice account ?? huh !!

he said account must be in a reputed dice site. I don't think 999dice is a reputable site and people accusing the site that the rolls can be manipulated.