Hi everybody,
I am new on the forum and would like to ask a question about BitZino but cannot yet post to
https://bitcointalk.org/index.php?PHPSESSID=j1nm0o7k0tqfpdi3sed6rrnod1&topic=87656.660 .
I am playing the BitZino roulette since a couple of months and enjoy it)
Recently I was betting on a six line (six numbers like 1-6 or 4-9) and that six line did not appear after 70 consecutive spins! From my experience with this online casino I learned that it happens quite often that a six line does not appear after 55 consecutive spins. I also "saw" 67 times...
p(success) = 6/37
p(failure) = 1 - p(success) = 31/37
p(failure after n consecutive spins) = pow(p(failure), n)
Failure after n consecutive spins is expected to happen once every 1/pow(p(failure), n) spins
Failure for n=55: once every 16835 spins
Failure for n=67: once every 140696 spins
Failure for n=70: once every 239222 spins
If one spin takes 5 seconds, then failure for n=70 would occur after 239222*5/(3600*24) ~ 14 days of uninterrupted gambling!
My question is how often do gamblers experience similar things in practice and in particular at BitZino? Of course, not necessarily with six lines, it could also be dozens, rows, corners)
Thank you for sharing your experience!