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Topic: ★★★ Bitcoin Video Casino ★★★ - ||| Over 500 BTC in Progressive Jackpots! ||| - page 76. (Read 143509 times)

hero member
Activity: 804
Merit: 500
it would result in everyone only playing 0.0001 BTC games, since that would have the best expected return.
I understand, but the max payout on keno is 50 btc for 0.001 btc bet and 25 btc for 0.005 bet now.

Yeah, this is because many more people play 0.001 BTC Keno, so the jackpot has grown very big. There's nothing we can do to change this. People may still want to play 0.005 BTC Keno since they will get bigger prizes in general.
sr. member
Activity: 406
Merit: 250
if hit JP with the extra balls on keno, I'll get 3x JP?

any one has ever this jp of 50btc or 25 btc with this amount on this site
member
Activity: 167
Merit: 10
if hit JP with the extra balls on keno, I'll get 3x JP?
member
Activity: 167
Merit: 10
it would result in everyone only playing 0.0001 BTC games, since that would have the best expected return.
I understand, but the max payout on keno is 50 btc for 0.001 btc bet and 25 btc for 0.005 bet now.
hero member
Activity: 804
Merit: 500
The progressive jackpots build up as more people play the games. If a player is playing 0.0001 BTC slots, then only the 0.0001 BTC jackpot will increase.
Do you think this is the best way? The size of the jackpot in the traditional online casinos (NetEnt) is independent of the amount bet.

I think we have to do it this way so that it is fair for everyone that plays, regardless of how much they bet. If someone plays 0.05 BTC video poker and contributes to the pool, it should not be possible for someone playing 0.0001 BTC to win everything that was contributed. If there was only one jackpot in video poker, it would result in everyone only playing 0.0001 BTC games, since that would have the best expected return.

We have been mulling over the idea of having separate credit sizes in other games, such as blackjack and roulette, with separate jackpots and table limits. This way you can play 0.0001 BTC credits and win a smaller jackpot, or choose 0.01 BTC credits for a shot at the big one. In blackjack you can now bet 10,000 credits at 0.0001 BTC, which is getting pretty cumbersome. Maybe 100 credits @ 0.01 BTC would be more manageable by users.
newbie
Activity: 12
Merit: 0
I put way too much money into this place.


The losing streaks in the slots since downtime have been horrendous. Like, 6-7 spins without a single credit back, and an extremely noticeable pattern of diminishing returns. Prior to the downtime, the games had a sort of self-sustaining nature where you would break even and go up or down, based on what seemed like chance, in a gradual manner. I'm basing this on about 48-72 hours of playing in the time period before the sudden drop, and 12+ hours since the drop.


Now, it's essentially a free fall. I don't feel comfortable putting any more money into a system that has had such a marked swing in results, inexplicably. It doesn't make sense, mathematically, that a game which was roughly ~50:50 with a slight house edge would turn into a ~20:80 (over a very large number of games/dollars i.e. hundreds, too, not a limited sample- played almost exclusively the smallest bet size), it's just not probable- even given the amnesiac nature of chance. In terms of probability, it should stay within 5-10% of the linear regression based on house edge, measured over a large number of results, with some arbitrary number of outliers present (due to chance).

I kind of wish I had the data to plot. Hindsight is 20/20.

edit: I don't mean to imply that the site is a scam. I have observer bias, I lost a good chunk of money over an extremely short period of time and it wouldn't be fair or reasonable to draw that sort of dramatic conclusion without concrete data. I do find it highly unusual that 1000 credits on slots would last anywhere from 20~45 minutes before, and now it's consistently 5-10 minutes, without any changes in strategy or bet size. Perhaps in the occasional 1000 credit cycle there would be this sort of deviation, but not 4 or 5 cycles in a row, with each cycle involving 50+ spins and each deviance being of the same magnitude and direction. Even "random" systems develop patterns over time, based on what is "under the hood". There's something in the design that isn't truly random or 49.5x.

sr. member
Activity: 280
Merit: 250

its happen to many sites as you playing free you are winning too much and as you deposit and playing for real very soon you are out of money I am not blaming any one but mostly this happen

I think I get what you're saying... thing is, I didn't use the freebie coins, those were all mine.

It seems that bet size is highly correlated with win probability. We should all start plotting our hand outcomes and expose em all! lol
sr. member
Activity: 406
Merit: 250
So for fun I basically tried free play for a couple of hours, and I've got to say they do reel you in by making you win so much on the Free Plays, as soon as you deposit real money, forget it, it's impossible to win... Went over 0.5 BTC at 1 Credit in Poker and got NOTHING, when I was free playing I was hitting crazy hands..

Be careful.

Glad I wasn't the only one... I played dice (almost all hands at 80% and above win probability) and the slots. With Dice, as long as I played 1 bet it seemed to be on par - betting 4, chances of hitting 80% was less than 50, and at 8, almost non existent. And the Slots took my coins so damn fast I didn't realize I was out! I think I spun a win higher than my 10 bet maybe twice out of spinning away .05

its happen to many sites as you playing free you are winning too much and as you deposit and playing for real very soon you are out of money I am not blaming any one but mostly this happen
sr. member
Activity: 280
Merit: 250
So for fun I basically tried free play for a couple of hours, and I've got to say they do reel you in by making you win so much on the Free Plays, as soon as you deposit real money, forget it, it's impossible to win... Went over 0.5 BTC at 1 Credit in Poker and got NOTHING, when I was free playing I was hitting crazy hands..

Be careful.

Glad I wasn't the only one... I played dice (almost all hands at 80% and above win probability) and the slots. With Dice, as long as I played 1 bet it seemed to be on par - betting 4, chances of hitting 80% was less than 50, and at 8, almost non existent. And the Slots took my coins so damn fast I didn't realize I was out! I think I spun a win higher than my 10 bet maybe twice out of spinning away .05
member
Activity: 167
Merit: 10
The progressive jackpots build up as more people play the games. If a player is playing 0.0001 BTC slots, then only the 0.0001 BTC jackpot will increase.
Do you think this is the best way? The size of the jackpot in the traditional online casinos (NetEnt) is independent of the amount bet.
hero member
Activity: 804
Merit: 500
Update: Announcing new .0001 Credit sizes for Video Poker, Blackjack, Craps and Roulette!

We also included a new feature in our latest update. You can specify the client_seed to be your lucky number, in case you don't trust the random number that your browser uses. Just click on the "My Games" Tab for more information on how to do this.



Good luck everyone!

We also update all news posted in this thread on twitter, follow us here. https://twitter.com/BTCVideoCasino
hero member
Activity: 804
Merit: 500
The different credit sizes have different jackpots. If you select a different credit size by clicking the green BTC button, the jackpot will change.
Do not you think that you are pushing players to play on a certain bet size?
max payout for a keno 50.7k with 0.001 btc, but only 5.1k with 0.005 btc. The difference is 10 times.

Slots
0.0001 - 12.6k
0.001 - 18k
0.005 - 17.4k
0.01 - 15.9k

Why 0.001 have the max jackpot? How do you form the jackpot?

The progressive jackpots build up as more people play the games. If a player is playing 0.0001 BTC slots, then only the 0.0001 BTC jackpot will increase. The other jackpots are not affected. Since we have no control over which credit size people will play, we therefore don't have any control over how the jackpots will grow. You can check the contributions that go into the jackpots for each game by clicking the "Expected Return" link at the top of the page. It will show what percentage of each bet will go towards the progressive jackpot.
hero member
Activity: 804
Merit: 500
So for fun I basically tried free play for a couple of hours, and I've got to say they do reel you in by making you win so much on the Free Plays, as soon as you deposit real money, forget it, it's impossible to win... Went over 0.5 BTC at 1 Credit in Poker and got NOTHING, when I was free playing I was hitting crazy hands..

Be careful.

We absolutely don't do anything like this. Our casino is provably fair, so it simply is not possible for us to manipulate the games in any way, whether you are playing free games or Bitcoin games.

If you believe that a game was not fair, you can click the green "verify" button to check that we did in fact have no control over the outcome of the game. Please note that the client-side javascript code that runs on your browser automatically verifies every game that is played. You can check the javascript yourself to confirm this.
member
Activity: 167
Merit: 10
The different credit sizes have different jackpots. If you select a different credit size by clicking the green BTC button, the jackpot will change.
Do not you think that you are pushing players to play on a certain bet size?
max payout for a keno 50.7k with 0.001 btc, but only 5.1k with 0.005 btc. The difference is 10 times.

Slots
0.0001 - 12.6k
0.001 - 18k
0.005 - 17.4k
0.01 - 15.9k

Why 0.001 have the max jackpot? How do you form the jackpot?
sr. member
Activity: 437
Merit: 250
So for fun I basically tried free play for a couple of hours, and I've got to say they do reel you in by making you win so much on the Free Plays, as soon as you deposit real money, forget it, it's impossible to win... Went over 0.5 BTC at 1 Credit in Poker and got NOTHING, when I was free playing I was hitting crazy hands..

Be careful.
newbie
Activity: 12
Merit: 0
Congrats user ixlovexyou on your 2.1218 BTC slots jackpot! That's currently $2030!  

is it work for all games? VP have 209.25 btc and 4723.78 coins

Video Poker has larger credit sizes than slots. You have to be using .05 BTC credit sizes and betting 5 credits a hand to win the 209 BTC.

Thanks Cheesy was pretty happy to see those wilds line up
hero member
Activity: 804
Merit: 500
.05 btc — it's 5 coins at 0.01 btc or it's the one coin?
209/.05 = 4180, but the jackpot has been 4723.78 coins.

The different credit sizes have different jackpots. If you select a different credit size by clicking the green BTC button, the jackpot will change.

Right now, the 0.05 BTC jackpot is 4207 credits = 210.35 BTC. You only win this if you bet five credits at a time, so a total bet of 0.25 BTC per game.
member
Activity: 167
Merit: 10
.05 btc — it's 5 coins at 0.01 btc or it's the one coin?
209/.05 = 4180, but the jackpot has been 4723.78 coins.
hero member
Activity: 804
Merit: 500
Congrats user ixlovexyou on your 2.1218 BTC slots jackpot! That's currently $2030!  

is it work for all games? VP have 209.25 btc and 4723.78 coins

Video Poker has larger credit sizes than slots. You have to be using .05 BTC credit sizes and betting 5 credits a hand to win the 209 BTC.
member
Activity: 167
Merit: 10
is it work for all games? VP have 209.25 btc and 4723.78 coins
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