Bitcoin Forum
December 04, 2016, 06:24:45 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 [3]  All
  Print  
Author Topic: SatoshiRoulette.com  (Read 3371 times)
SRoulette
Sr. Member
****
Offline Offline

Activity: 364



View Profile WWW
August 30, 2012, 03:33:39 AM
 #41

Can you explain how the ladder game works please?  I can't see how you arrived at the house edge numbers you state.

To pick a simple example:

Code:
Bad Baby !

Jackpot: 0.015 BTC
Jackpot Kicker: 0.0375 BTC
Jackpot Donation: 25%
Jackpot Trigger: 0
Jackpot Count: 0
Payout: 97.125%
Min Bet: 0.02 BTC
Max Bet: 0.5 BTC
1ChKqdVbe3S9RZ2qYyykgZN6kHbr5qyiwR

4  :   300.0000% ( 1.50000000 BTC ) + prog jackpot of 0.015 BTC
3  :     5.0000% ( 0.02500000 BTC )
2  :     2.0000% ( 0.01000000 BTC )
1  :     1.0000% ( 0.00500000 BTC )

The 4 returns total to 308%.  So that's a 77% payout (308/4).  I don't see how you get from there to the claimed 97.125% payout.  If I add on the 25% jackpot donation I get 102%, so that's not it.

See my confusion?  Smiley

It would be useful to have a full description of how the game works.  There's no mention of the word "kicker" except for in the game table itself, so I'm not sure what that means.  Is that the amount you initialise the jackpot at when it's won?  No, it can't be because the jackpot is currently smaller than the kicker in the quoted example above.

Sorry for that, we are working on a much nicer html page Wink
We recently had someone ask the same questions for our litecoin ladders.

Jackpot Counts, Trigger, Kicker and Donations

Trigger

The number the count must equal to collect the jackpot.
eg 4, requires the jackpot number to be hit 3 times and on the forth time the player collects the jackpot.
Only max bets can collect the trigger jackpot, but any size bet can increase the counter if it hits the jackpot number.

A trigger allows games to build a respectable jackpot over time, see our D20 game for an example.

Count

The number of times the jackpot has been hit this round.
The count is reset when the jackpot is collected (some games requires a trigger).

Kicker

When the jackpot is collected, the new jackpot is kicked with this amount.

Donation

The percentage of a players losses that are contributed to the jackpot.
eg: player bets 1, wins 0.5 loss = 0.5. Donation = 10%, 0.05 is donated to the jackpot.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480832685
Hero Member
*
Offline Offline

Posts: 1480832685

View Profile Personal Message (Offline)

Ignore
1480832685
Reply with quote  #2

1480832685
Report to moderator
1480832685
Hero Member
*
Offline Offline

Posts: 1480832685

View Profile Personal Message (Offline)

Ignore
1480832685
Reply with quote  #2

1480832685
Report to moderator
dooglus
Legendary
*
Offline Offline

Activity: 1988



View Profile
August 30, 2012, 04:07:00 PM
 #42

Code:
Bad Baby !

Jackpot: 0.015 BTC
Jackpot Kicker: 0.0375 BTC
Jackpot Donation: 25%
Jackpot Trigger: 0
Jackpot Count: 0
Payout: 97.125%
Min Bet: 0.02 BTC
Max Bet: 0.5 BTC
1ChKqdVbe3S9RZ2qYyykgZN6kHbr5qyiwR

4  :   300.0000% ( 1.50000000 BTC ) + prog jackpot of 0.015 BTC
3  :     5.0000% ( 0.02500000 BTC )
2  :     2.0000% ( 0.01000000 BTC )
1  :     1.0000% ( 0.00500000 BTC )

The 4 returns total to 308%.  So that's a 77% payout (308/4).  I don't see how you get from there to the claimed 97.125% payout.  If I add on the 25% jackpot donation I get 102%, so that's not it.

Donation

The percentage of a players losses that are contributed to the jackpot.
eg: player bets 1, wins 0.5 loss = 0.5. Donation = 10%, 0.05 is donated to the jackpot.

OK, so in the example I quoted, 25% of losses are put back into the pot.  There's a 77% payout from the raw percentages, so 23% is lost.  25% of 23% is 5.75% which eventually goes back to the player, so the total payout seems to be 77% + 5.75% = 82.75%.

Where am I going wrong now?

Are you claiming that the theoretical payout is 97.125%, or just that that's what you've paid out so far?

SRoulette
Sr. Member
****
Offline Offline

Activity: 364



View Profile WWW
September 01, 2012, 11:30:36 AM
 #43

Old secret

Code:
18Tux235aoSZOCwEbk3IjKoLT9XeMfmtWX8IG0avWY3M8bJstHOtk8hPFIuMDTB0Sv6nnqKTqUKSNwsHiQAiYyjoXjjk6vQWIz0GEp

New secret is now in play.

SRoulette
Sr. Member
****
Offline Offline

Activity: 364



View Profile WWW
September 01, 2012, 11:48:09 AM
 #44

Code:
Bad Baby !

Jackpot: 0.015 BTC
Jackpot Kicker: 0.0375 BTC
Jackpot Donation: 25%
Jackpot Trigger: 0
Jackpot Count: 0
Payout: 97.125%
Min Bet: 0.02 BTC
Max Bet: 0.5 BTC
1ChKqdVbe3S9RZ2qYyykgZN6kHbr5qyiwR

4  :   300.0000% ( 1.50000000 BTC ) + prog jackpot of 0.015 BTC
3  :     5.0000% ( 0.02500000 BTC )
2  :     2.0000% ( 0.01000000 BTC )
1  :     1.0000% ( 0.00500000 BTC )

The 4 returns total to 308%.  So that's a 77% payout (308/4).  I don't see how you get from there to the claimed 97.125% payout.  If I add on the 25% jackpot donation I get 102%, so that's not it.

Donation

The percentage of a players losses that are contributed to the jackpot.
eg: player bets 1, wins 0.5 loss = 0.5. Donation = 10%, 0.05 is donated to the jackpot.

OK, so in the example I quoted, 25% of losses are put back into the pot.  There's a 77% payout from the raw percentages, so 23% is lost.  25% of 23% is 5.75% which eventually goes back to the player, so the total payout seems to be 77% + 5.75% = 82.75%.

Where am I going wrong now?

Are you claiming that the theoretical payout is 97.125%, or just that that's what you've paid out so far?


Code:
SUM Round Payout          3.080 BTC
Pot Kicker                0.075 BTC
SUM Round Pot Donations   0.730 BTC
Payout+Kicker+Donations   3.885 BTC
Odds                      77.00%
Donation                  25.00%
Pot Kicker                1.88%
Total Payout              97.13%

# Payout losses Player donations
4 3 0 0
3 0.05 0.95 0.2375
2 0.02 0.98 0.245
1 0.01 0.99 0.2475

The average payout for Bad Baby ! is 97.13%
This includes, jackpot kicker, average round jackpot donations.

A round is how many results are picked before the jackpot is won - for this game it averages out to 4 game results per round.

There will of course be cases when the payout average for a single round is higher than the average for all rounds.
For this game it would be as simple as collecting the jackpot on the 1st result of the round.

The opposite could also happen where a round lasts an unusually long time, the jackpot itself would  be huge but due to the kicker being contributed one per round the payout average for that round may be slightly lower.

SRoulette
Sr. Member
****
Offline Offline

Activity: 364



View Profile WWW
September 02, 2012, 05:36:12 AM
 #45

Max bet for single numbers is now 0.5 btc.
All other max bets are now 2 btc.

all games (roulette, rock paper scissors, ladders, etc) now run off a single engine.
We run a copy of this engine for each currency we support, currently 2 (ltc and btc).

Work will begin shortly on special roulette bets.

code monkey has begun work on allowing multiple bets to be placed in the one transaction.
This allows players to make several bets on the roulette table for each ball drop.

SRoulette
Sr. Member
****
Offline Offline

Activity: 364



View Profile WWW
September 04, 2012, 11:43:51 AM
 #46

Quick announcement:

Bets under 0.1 BTC that win have 0.005 BTC deducted to help us cover the cost of tx fees on small bets, this applies for all our games.

Min bet: 0.01 BTC
Max bet single: 0.5 BTC
Max bet all other: 1 BTC

SRoulette
Sr. Member
****
Offline Offline

Activity: 364



View Profile WWW
September 08, 2012, 01:29:52 PM
 #47

Old secret:
Code:
7fcfda861d56ac9384dfcd735afeb3637c29f132dd6b3ff70421e1755c27a683

Code monkey will be implementing automatic secret uploading to our web space shortly.
We will be implementing a new front end shortly, having sourced a suitable web developer.

Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!