BIT-EXO.COM 🏆Contests💰Jackpots📈Invest🎁Faucet🎲Dice🎰Slots🔺Plinko🎡Roulette - page 63.

Bit-Exo.com

hero member

Activity: 1638

Merit: 573

Quote from: joksim299 on April 10, 2016, 04:43:56 PM

Quote from: Bit-Exo.com on April 10, 2016, 04:32:33 PM

Quote from: joksim299 on April 10, 2016, 04:18:59 PM

Quote

is the Jackpot now + EV? if not at what price will it be +EV?

Quote

Yes its currently + EV.

Can you show us your calculation?

According to my calculation JP should be over 1BTC to be EV+

Jackpot win chance 1/1000000 at 100 bit bets wich equals 100BTC wagered and ev for 100BTC wagered is -1BTC

With 1 million bets at 100 bits each and a 1% house edge we get .5 BTC in commissions from Moneypot. 20% of our earnings that is 0.1 BTC will then be the expected value of the progressive jackpot. With the progressive jackpot currently at almost .15 BTC it already passed the expected jackpot value.

Its not EV+ for the player

I assumed he asked if the jackpot now is +EV, Not if it's +EV for the player.

elm

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Activity: 1050

Merit: 1000

Quote from: joksim299 on April 10, 2016, 04:43:56 PM

Quote from: Bit-Exo.com on April 10, 2016, 04:32:33 PM

Quote from: joksim299 on April 10, 2016, 04:18:59 PM

Quote

is the Jackpot now + EV? if not at what price will it be +EV?

Quote

Yes its currently + EV.

Can you show us your calculation?

According to my calculation JP should be over 1BTC to be EV+

Jackpot win chance 1/1000000 at 100 bit bets wich equals 100BTC wagered and ev for 100BTC wagered is -1BTC

With 1 million bets at 100 bits each and a 1% house edge we get .5 BTC in commissions from Moneypot. 20% of our earnings that is 0.1 BTC will then be the expected value of the progressive jackpot. With the progressive jackpot currently at almost .15 BTC it already passed the expected jackpot value.

Its not EV+ for the player

I agree and would say it is not +EV for the player and even very far away right now
but I understand now OPs point of view

joksim299

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Activity: 2198

Merit: 1014

Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm

Quote from: Bit-Exo.com on April 10, 2016, 04:32:33 PM

Quote from: joksim299 on April 10, 2016, 04:18:59 PM

Quote

is the Jackpot now + EV? if not at what price will it be +EV?

Quote

Yes its currently + EV.

Can you show us your calculation?

According to my calculation JP should be over 1BTC to be EV+

Jackpot win chance 1/1000000 at 100 bit bets wich equals 100BTC wagered and ev for 100BTC wagered is -1BTC

With 1 million bets at 100 bits each and a 1% house edge we get .5 BTC in commissions from Moneypot. 20% of our earnings that is 0.1 BTC will then be the expected value of the progressive jackpot. With the progressive jackpot currently at almost .15 BTC it already passed the expected jackpot value.

Its not EV+ for the player

Bit-Exo.com

hero member

Activity: 1638

Merit: 573

Quote from: joksim299 on April 10, 2016, 04:18:59 PM

Quote

is the Jackpot now + EV? if not at what price will it be +EV?

Quote

Yes its currently + EV.

Can you show us your calculation?

According to my calculation JP should be over 1BTC to be EV+

Jackpot win chance 1/1000000 at 100 bit bets wich equals 100BTC wagered and ev for 100BTC wagered is -1BTC

With 1 million bets at 100 bits each and a 1% house edge we get .5 BTC in commissions from Moneypot. 20% of our earnings that is 0.1 BTC will then be the expected value of the progressive jackpot. With the progressive jackpot currently at almost .15 BTC it already passed the expected jackpot value.

joksim299

legendary

Activity: 2198

Merit: 1014

Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm

Quote from: elm on April 10, 2016, 04:26:47 PM

Quote from: joksim299 on April 10, 2016, 04:18:59 PM

Quote

is the Jackpot now + EV? if not at what price will it be +EV?

Quote

Yes its currently + EV.

Can you show us your calculation?

thank you for the question

because I was writing the same question and when I wanted to post it
a message said that a posting was right now posted and it was you with same question

Added my calculation to the post above.

elm

legendary

Activity: 1050

Merit: 1000

Quote from: joksim299 on April 10, 2016, 04:18:59 PM

Quote

is the Jackpot now + EV? if not at what price will it be +EV?

Quote

Yes its currently + EV.

Can you show us your calculation?

thank you for the question

because I was writing the same question and when I wanted to post it
a message said that a posting was right now posted and it was you with same question

joksim299

legendary

Activity: 2198

Merit: 1014

Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm

Quote

is the Jackpot now + EV? if not at what price will it be +EV?

Quote

Yes its currently + EV.

Can you show us your calculation?

According to my calculation JP should be over 1BTC to be EV+

Jackpot win chance 1/1000000 at 100 bit bets wich equals 100BTC wagered and ev for 100BTC wagered is -1BTC

Bit-Exo.com

hero member

Activity: 1638

Merit: 573

Quote from: elm on April 10, 2016, 03:31:41 PM

Quote from: Bit-Exo.com on April 10, 2016, 03:28:05 PM

Jackpot Rules:
The Jackpot is available to any user betting on our casino and can be won on any game so you can continue to play your favorite game. The Jackpot amount is progressive based on the sites wager. In order to qualify for the Jackpot your bets wager must be at least 0.00000100 BTC. The winner is determined by the Raw_Outcome of the wager. A winning bet is one that the Raw_Outcome is less than 4295 for bets 0.00010000 BTC and above. This works out to a chance of 1 in 1 Million Bets. Bets less than 0.00010000 BTC and above 0.00000100 BTC can still win the jackpot but the lower your wager the more challenging it becomes with 0.00000100 BTC bets having 1% the chance a bet greater than or equal to 0.00010000 BTC has. The winner of each round will be announced in chat and the prizes will be manually transferred within 8 hours.

Funds progressive Jackpot:
-20-30% of our earnings on all your bets are added to the progressive jackpot.

The current Progressive Jackpot (expected 0.1 BTC) has already passed 0.148 BTC and keeps rising with every bet placed!

very nice

is the Jackpot now + EV? if not at what price will it be +EV?

Yes its currently + EV.

elm

legendary

Activity: 1050

Merit: 1000

Quote from: Bit-Exo.com on April 10, 2016, 03:28:05 PM

Jackpot Rules:
The Jackpot is available to any user betting on our casino and can be won on any game so you can continue to play your favorite game. The Jackpot amount is progressive based on the sites wager. In order to qualify for the Jackpot your bets wager must be at least 0.00000100 BTC. The winner is determined by the Raw_Outcome of the wager. A winning bet is one that the Raw_Outcome is less than 4295 for bets 0.00010000 BTC and above. This works out to a chance of 1 in 1 Million Bets. Bets less than 0.00010000 BTC and above 0.00000100 BTC can still win the jackpot but the lower your wager the more challenging it becomes with 0.00000100 BTC bets having 1% the chance a bet greater than or equal to 0.00010000 BTC has. The winner of each round will be announced in chat and the prizes will be manually transferred within 8 hours.

Funds progressive Jackpot:
-20-30% of our earnings on all your bets are added to the progressive jackpot.

The current Progressive Jackpot (expected 0.1 BTC) has already passed 0.148 BTC and keeps rising with every bet placed!

very nice

is the Jackpot now + EV? if not at what price will it be +EV?

Bit-Exo.com

hero member

Activity: 1638

Merit: 573

Jackpot Rules:
The Jackpot is available to any user betting on our casino and can be won on any game so you can continue to play your favorite game. The Jackpot amount is progressive based on the sites wager. In order to qualify for the Jackpot your bets wager must be at least 0.00000100 BTC. The winner is determined by the Raw_Outcome of the wager. A winning bet is one that the Raw_Outcome is less than 4295 for bets 0.00010000 BTC and above. This works out to a chance of 1 in 1 Million Bets. Bets less than 0.00010000 BTC and above 0.00000100 BTC can still win the jackpot but the lower your wager the more challenging it becomes with 0.00000100 BTC bets having 1% the chance a bet greater than or equal to 0.00010000 BTC has. The winner of each round will be announced in chat and the prizes will be manually transferred within 8 hours.

Funds progressive Jackpot:
-20-30% of our earnings on all your bets are added to the progressive jackpot.

The current Progressive Jackpot (expected 0.1 BTC) has already passed 0.148 BTC and keeps rising with every bet placed!

Bit-Exo.com

hero member

Activity: 1638

Merit: 573

Quote from: elm on April 10, 2016, 09:19:58 AM

Quote from: Bit-Exo.com on April 10, 2016, 09:09:53 AM

Quote from: elm on April 10, 2016, 06:03:05 AM

Quote from: joksim299 on April 10, 2016, 05:43:03 AM

Quote from: Barcode_ on April 10, 2016, 04:26:21 AM

I am not able to log in, site seems down at the moment? Does anyone know what happen? thank you

MoneyPot api was offline, it is fixed now.

Quote from: elm on April 10, 2016, 04:36:30 AM

please help me to understand your Jackpot offer and correct me in case I am wrong

a wager of 100 bits + the chance of a Jackpot is 1 in 1 000 000

a wager of 1 bit the chance would be 1 in ?

a wager of 50 bits the chance would be 1 in ?

a wager of 99 bits the chance would be 1 in ?

thank you

1 bit 1/100,000,000 + there is a delay for 1 bit bets
50 bit 1/2,000,000

thank you for taking the time to explain. what is this 1 bit delay you are talking about?

lets wait if OP will confirm your explanation because if you are right then a wager of 80 bits would be
1 in 1 250 000 or a wager of 2 bits would be 1 in 50 000 000

how much will a user win?

The amount you can win is progressive and is the same for everyone. Just the odds to hit it are depending on your bet size.

thank you

where can we see this progressive Jackpot?

can you confirm user joksim's explanation regarding Jackpot win chance?

The progressive jackpot amount is visible from any page on our site, and also there is a special jackpot tab. Joksim's explanation regarding the jackpot win chance is correct.

elm

legendary

Activity: 1050

Merit: 1000

Quote from: Bit-Exo.com on April 10, 2016, 09:09:53 AM

Quote from: elm on April 10, 2016, 06:03:05 AM

Quote from: joksim299 on April 10, 2016, 05:43:03 AM

Quote from: Barcode_ on April 10, 2016, 04:26:21 AM

I am not able to log in, site seems down at the moment? Does anyone know what happen? thank you

MoneyPot api was offline, it is fixed now.

Quote from: elm on April 10, 2016, 04:36:30 AM

please help me to understand your Jackpot offer and correct me in case I am wrong

a wager of 100 bits + the chance of a Jackpot is 1 in 1 000 000

a wager of 1 bit the chance would be 1 in ?

a wager of 50 bits the chance would be 1 in ?

a wager of 99 bits the chance would be 1 in ?

thank you

1 bit 1/100,000,000 + there is a delay for 1 bit bets
50 bit 1/2,000,000

thank you for taking the time to explain. what is this 1 bit delay you are talking about?

lets wait if OP will confirm your explanation because if you are right then a wager of 80 bits would be
1 in 1 250 000 or a wager of 2 bits would be 1 in 50 000 000

how much will a user win?

The amount you can win is progressive and is the same for everyone. Just the odds to hit it are depending on your bet size.

thank you

where can we see this progressive Jackpot?

can you confirm user joksim's explanation regarding Jackpot win chance?

Bit-Exo.com

hero member

Activity: 1638

Merit: 573

Quote from: elm on April 10, 2016, 06:03:05 AM

Quote from: joksim299 on April 10, 2016, 05:43:03 AM

Quote from: Barcode_ on April 10, 2016, 04:26:21 AM

I am not able to log in, site seems down at the moment? Does anyone know what happen? thank you

MoneyPot api was offline, it is fixed now.

Quote from: elm on April 10, 2016, 04:36:30 AM

please help me to understand your Jackpot offer and correct me in case I am wrong

a wager of 100 bits + the chance of a Jackpot is 1 in 1 000 000

a wager of 1 bit the chance would be 1 in ?

a wager of 50 bits the chance would be 1 in ?

a wager of 99 bits the chance would be 1 in ?

thank you

1 bit 1/100,000,000 + there is a delay for 1 bit bets
50 bit 1/2,000,000

thank you for taking the time to explain. what is this 1 bit delay you are talking about?

lets wait if OP will confirm your explanation because if you are right then a wager of 80 bits would be
1 in 1 250 000 or a wager of 2 bits would be 1 in 50 000 000

how much will a user win?

The amount you can win is progressive and is the same for everyone. Just the odds to hit it are depending on your bet size.

joksim299

legendary

Activity: 2198

Merit: 1014

Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm

Quote from: elm on April 10, 2016, 06:03:05 AM

Quote from: joksim299 on April 10, 2016, 05:43:03 AM

Quote from: Barcode_ on April 10, 2016, 04:26:21 AM

I am not able to log in, site seems down at the moment? Does anyone know what happen? thank you

MoneyPot api was offline, it is fixed now.

Quote from: elm on April 10, 2016, 04:36:30 AM

please help me to understand your Jackpot offer and correct me in case I am wrong

a wager of 100 bits + the chance of a Jackpot is 1 in 1 000 000

a wager of 1 bit the chance would be 1 in ?

a wager of 50 bits the chance would be 1 in ?

a wager of 99 bits the chance would be 1 in ?

thank you

1 bit 1/100,000,000 + there is a delay for 1 bit bets
50 bit 1/2,000,000

thank you for taking the time to explain. what is this 1 bit delay you are talking about?

lets wait if OP will confirm your explanation because if you are right then a wager of 80 bits would be
1 in 1 250 000 or a wager of 2 bits would be 1 in 50 000 000

how much will a user win?

Bets of 1 bit are slower than 10,100 bit bets

elm

legendary

Activity: 1050

Merit: 1000

Quote from: joksim299 on April 10, 2016, 05:43:03 AM

Quote from: Barcode_ on April 10, 2016, 04:26:21 AM

I am not able to log in, site seems down at the moment? Does anyone know what happen? thank you

MoneyPot api was offline, it is fixed now.

Quote from: elm on April 10, 2016, 04:36:30 AM

please help me to understand your Jackpot offer and correct me in case I am wrong

a wager of 100 bits + the chance of a Jackpot is 1 in 1 000 000

a wager of 1 bit the chance would be 1 in ?

a wager of 50 bits the chance would be 1 in ?

a wager of 99 bits the chance would be 1 in ?

thank you

1 bit 1/100,000,000 + there is a delay for 1 bit bets
50 bit 1/2,000,000

thank you for taking the time to explain. what is this 1 bit delay you are talking about?

lets wait if OP will confirm your explanation because if you are right then a wager of 80 bits would be
1 in 1 250 000 or a wager of 2 bits would be 1 in 50 000 000

how much will a user win?

Bit-Exo.com

hero member

Activity: 1638

Merit: 573

Jackpot Rules:
The Jackpot is available to any user betting on our casino and can be won on any game so you can continue to play your favorite game. The Jackpot amount is progressive based on the sites wager. In order to qualify for the Jackpot your bets wager must be at least 0.00000100 BTC. The winner is determined by the Raw_Outcome of the wager. A winning bet is one that the Raw_Outcome is less than 4295 for bets 0.00010000 BTC and above. This works out to a chance of 1 in 1 Million Bets. Bets less than 0.00010000 BTC and above 0.00000100 BTC can still win the jackpot but the lower your wager the more challenging it becomes with 0.00000100 BTC bets having 1% the chance a bet greater than or equal to 0.00010000 BTC has. The winner of each round will be announced in chat and the prizes will be manually transferred within 8 hours.

Funds progressive Jackpot:
-20-30% of our earnings on all your bets are added to the progressive jackpot.

The current Progressive Jackpot is already passed 0.12 BTC and keeps rising with every bet placed!

joksim299

legendary

Activity: 2198

Merit: 1014

Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm

Quote from: Barcode_ on April 10, 2016, 04:26:21 AM

I am not able to log in, site seems down at the moment? Does anyone know what happen? thank you

MoneyPot api was offline, it is fixed now.

Quote from: elm on April 10, 2016, 04:36:30 AM

please help me to understand your Jackpot offer and correct me in case I am wrong

a wager of 100 bits + the chance of a Jackpot is 1 in 1 000 000

a wager of 1 bit the chance would be 1 in ?

a wager of 50 bits the chance would be 1 in ?

a wager of 99 bits the chance would be 1 in ?

thank you

1 bit 1/100,000,000 + there is a delay for 1 bit bets
50 bit 1/2,000,000

Bit-Exo.com

hero member

Activity: 1638

Merit: 573

Quote from: Barcode_ on April 10, 2016, 04:26:21 AM

I am not able to log in, site seems down at the moment? Does anyone know what happen? thank you

Moneypot was performing maintenance on their server. It just got back up so you should be able to login again.

elm

legendary

Activity: 1050

Merit: 1000

Quote from: ?? on ??

Jackpot Rules:
The Jackpot is available to any user betting on our casino and can be won on any game so you can continue to play your favorite game. The Jackpot amount is progressive based on the sites wager. In order to qualify for the Jackpot your bets wager must be at least 0.00000100 BTC. The winner is determined by the Raw_Outcome of the wager. A winning bet is one that the Raw_Outcome is less than 4295 for bets 0.00010000 BTC and above. This works out to a chance of 1 in 1 Million Bets. Bets less than 0.00010000 BTC and above 0.00000100 BTC can still win the jackpot but the lower your wager the more challenging it becomes with 0.00000100 BTC bets having 1% the chance a bet greater than or equal to 0.00010000 BTC has. The winner of each round will be announced in chat and the prizes will be manually transferred within 8 hours.

Funds progressive Jackpot:
-20-30% of our earnings on all your bets are added to the progressive jackpot.

The current Progressive Jackpot is already passed 0.1 BTC and keeps rising with every bet placed!

please help me to understand your Jackpot offer and correct me in case I am wrong

a wager of 100 bits + the chance of a Jackpot is 1 in 1 000 000

a wager of 1 bit the chance would be 1 in ?

a wager of 50 bits the chance would be 1 in ?

a wager of 99 bits the chance would be 1 in ?

thank you

Barcode_

staff

Activity: 3220

Merit: 576

Join the world-leading crypto sportsbook NOW!

I am not able to log in, site seems down at the moment? Does anyone know what happen? thank you

Topic: BIT-EXO.COM 🏆Contests💰Jackpots📈Invest🎁Faucet🎲Dice🎰Slots🔺Plinko🎡Roulette - page 63. (Read 78226 times)