If you bet 4 satoshi and win with 49031x multiplier, then you would win 196k satoshi only, which is less than 20 backs. Correct?
What a strange way to spend time
I guess you gamble just to gamble, but not to win a lot
It is the fact itself that you can win on so high a multiplier
And if you win it before making so many bets (which is the hope here as far as I can tell), that basically proves that you are a lucky person, all in all. Then you will feel happy, like a chosen one, even if only for a brief period of time. This is basically what makes you into a gambler -- no mater how much or how long you lose, it is this rare moment when you are a winner that counts in your own frame of reference and in your internal value system (lucky or not)
You described it well! Indeed, there are gamblers(and I am one of them) who set almost unreachable goals(sometimes, not always) to have a chance to rejoice greatly when the goal is achieved. I like chasing 9900x payout on dice, and, obviously, I lose most of the time. My overall profit from this activity is surely negative. But I did catch those winning numbers, 0.00 and 99.99, several times, and I can't explain to someone who never won with 0.01% win chance, what a great feeling it is!
Back in the day, I had been free-rolling at freebitco.in
And I once rolled 0 there, never before and never after. You would kinda expect it to be something like a jackpot or at least a handsome bonus, but it was nothing, just nothing (which is what you actually had to expect, yeah). I can't say I was feeling great.
In fact, it felt like a complete anticlimaxRight, but imagine how'd you feel if you were betting on that exact number.
Some people criticize OP for setting an unrealistic goal, but I can perfectly understand him. If he can afford losing €500, he did nothing wrong
Well, OP could just have come to understanding that it was too much of a good thing, and then he wound up earlier than his challenge suggested. If that's the case, I understand him perfectly (read, that was a right decision)
If you mean he quitted before reaching his goal or busting it all, I don't think so. Rather, he's not willing to discuss his failure.
~
You described it well! Indeed, there are gamblers(and I am one of them) who set almost unreachable goals(sometimes, not always) to have a chance to rejoice greatly when the goal is achieved. I like chasing 9900x payout on dice, and, obviously, I lose most of the time. My overall profit from this activity is surely negative. But I did catch those winning numbers, 0.00 and 99.99, several times, and I can't explain to someone who never won with 0.01% win chance, what a great feeling it is!
Even i have tried hitting 9900x payout on dice a long time ago when the price of bitcoin was small and i have busted a lot rather than hitting the target successfully, i know how it feels to win after having all those losses, sometimes you hit early and sometimes it will take a much longer time and i still remember rolling a thousand times and still not having the luck
and then the site reset the seed without informing you makes everything a big disaster. ~
I have created a
separate thread for discussing this topic. Please, share your thoughts there.