that was a surprisingly huge jackpot
when I looked at the bet I didn't get why that particular bet hit JP at all
https://www.moneypot.com/bets/20933051
well played , PickleRick!
when I looked at the bet I didn't get why that particular bet hit JP at all
https://www.moneypot.com/bets/20933051
well played , PickleRick!
The raw outcome on that bet is high enough to win jackpot 1 with a bet of only 15 bits. You can find more detailed information on the jackpot tab on our site.
First if I not mistaken jackpot is hit equal to the percentage on how much they wagered, 15 bits can hit 0.5 btc, I would assume thst you have got pretty huge amount of jackpot stored on the site. Second, I wondering too how can with 15bits can get 0.5 btc? Usually 0.01 btc can get all the jackpot and with 15 bits, it should be 10-20%. So how is it possible to have this really big payout?
The chance to hit a jackpot depends on the bet amount. For example with a 1000 bits bet the chance is 1/500k, a 1 bits bet has only 1/500m chance. If you hit the jackpot you get 90% of the amount and 10% goes to the player with biggest wagered in the last 24 hours.
So with just 15 bits he can hit really huge amount youa re saying it affect only the chance? Not the amount that he can get? That means he is pretty lucky to hit that huge amount with just such a low money.
Btw are you guys still be part of moneypot? Because it seems that you guys already make your own thread and how about your coin? Is there any progression?
the bigger the wager the bigger is the chance to hit the odds
but sometimes a small bet can hit jackpot , other times the wager should be bigger to hit the jackpot so it's possible to hit jackpot with small wager but bigger wager increases the odds
for example sometimes you can see in chat that a user rolled a bet that could hit the jackpot if he wagered X amount , but he didn't get it cause the wager was low
What do you mean? You just said that if we wagered any amount it will hit the jackpot yet now you are saying that if the wagered is too small it wont trigger the jackpot so which one is true?
Are you saying that wagered and bet, let me clarify it here, if we bet any amount then it could possibly hit the jackpot but if one player do not have enough wagered amount although he hit the jackpot, ot wont count?
it's stated in the faq , basically all bets equal 1000 bits and over will instantly hit the jackpot if the bet was a hit
the odds of hitting one of the two jackpots is 1 in 500K as I remember in case you are wagering 1000 bits and over , the odds drop if you are betting less than that but there is still a possibility to hit it
so basically if you are wagering lets say 500 bits there is a possibly that you may hit jackpot but you may not hit , a message in the chat will appear saying that the user would had hit the jackpot if he wagered 777 bits for example
hope J or prof can explain how the math works exactly , but hope that I was able to explain the general idea
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