bustabit – The original crash game - page 71.

plast555

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Quote from: Timetwister on November 20, 2019, 09:49:29 AM

Quote from: plast555 on November 19, 2019, 07:48:34 PM

I noticed something playing crash here.

If users place a high bet, you are usually busted before 1.50x. But when the odds are low, the pointer can go up to 50x.

This is, of course, my observation, it may be wrong. But I have long observed the same thing, and so far, this result has not changed.

Besides, I respect Bustabit for creating a sustainable and provably casino.

Selective memory.

Of course. For a gambler, everything is always wrong except himself, especially when he loses.

We know that this game is provably fair. This platform has been serving users for many years now, and they have never faced any scam claims.

This means that there are no problems with fairness.

As you said, this is just selective memory.

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Quote from: tim-bc on November 19, 2019, 04:05:16 PM

I'm curious about this as well. In game 1257652, baaaitcoin bet 1 btc and was forced to cash out at 38.08x. He has several more bets where he was forced to cash out at 1% of bankroll.

baaaitcoin also played on what I assume was an alt account (lolbaity42) simultaneously for some time. On games such as game 1257628, the server was forced to cash out due to the per-round max (1.5% of bankroll). In this round baaaitcoin and lolbaity42 together earned more than 57 btc of profit.

So in terms of percentages, both maximums have been hit before.

A 1 BTC bet bringing in a 38 BTC return is stunning but it was for a very big risk Shocked

Timetwister

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Quote from: plast555 on November 19, 2019, 07:48:34 PM

I noticed something playing crash here.

If users place a high bet, you are usually busted before 1.50x. But when the odds are low, the pointer can go up to 50x.

This is, of course, my observation, it may be wrong. But I have long observed the same thing, and so far, this result has not changed.

Besides, I respect Bustabit for creating a sustainable and provably casino.

Selective memory.

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Quote from: Lakai01 on November 20, 2019, 12:00:18 AM

Quote from: RHavar on November 19, 2019, 10:53:01 PM

So I doubt there's anything strange going on, with the most likely explanation is just something like confirmation bias Grin

Exactly. We would need way more data than "I noticed something when playing". Peoples mind tend to remember situations where something negative happened ("immediatly lost when playing high bets") way better and in more detail than positive situations ("won a high bet").

So if you really think that something is wrong you have to play an statistically significant amount of games and write down in detail what happened (amount wagered, outcome, ...). Without that data its simply not possible (or totally biased) to state that something may not working as expected.

There is no need for additional data because it clearly doubts their Probably Fair system. It doesn't matter if we make high or low bets the result will be the same even if people bet low it can be busted under 1.5 in a row. Indeed it is true that he only thinks of the negative side, not the positive things they think. So it is easily doubtful about the fairness of a site.

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Quote from: RHavar on November 19, 2019, 10:53:01 PM

So I doubt there's anything strange going on, with the most likely explanation is just something like confirmation bias Grin

Exactly. We would need way more data than "I noticed something when playing". Peoples mind tend to remember situations where something negative happened ("immediatly lost when playing high bets") way better and in more detail than positive situations ("won a high bet").

So if you really think that something is wrong you have to play an statistically significant amount of games and write down in detail what happened (amount wagered, outcome, ...). Without that data its simply not possible (or totally biased) to state that something may not working as expected.

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Quote from: plast555 on November 19, 2019, 07:48:34 PM

I noticed something playing crash here.

If users place a high bet, you are usually busted before 1.50x. But when the odds are low, the pointer can go up to 50x.

This is, of course, my observation, it may be wrong. But I have long observed the same thing, and so far, this result has not changed.

Besides, I respect Bustabit for creating a sustainable and provably casino.

Well precisely because it's provably fair, you can prove the bust points aren't reacting to players bets. However, it still would be possible for players to be reacting to the game bust (i.e. they might know effectively know the server-seed). If that was the case, though, you'd probably expect to see the opposite (players betting on high busts).

That said, in v2 players have bet 486,760 BTC and the return-to-player has been 481,827 BTC or 98.986% . ... which is extraordinarily close to 99%, which is the expected value due to the house edge. So I doubt there's anything strange going on, with the most likely explanation is just something like confirmation bias Grin

plast555

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I noticed something playing crash here.

If users place a high bet, you are usually busted before 1.50x. But when the odds are low, the pointer can go up to 50x.

This is, of course, my observation, it may be wrong. But I have long observed the same thing, and so far, this result has not changed.

Besides, I respect Bustabit for creating a sustainable and provably casino.

tim-bc

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Quote from: sana54210 on November 19, 2019, 01:41:47 PM

I can't think of a single reason and single way how a person could make more than the allowed max win but it sounds just too silly, if there was a way to make more than the max then there would be a higher max

It's because there are actually two max wins:

Per-player (a single player can win max 1% of bankroll, per round)
Per-round (everyone together can win max 1.5% of bankroll per round).

If a whale plays on one account, he/she can win max 1% of bankroll per round (limited by the per-player max). However, if the whale plays on two accounts simultaneously, he/she can win max 1.5% of bankroll per round (limited by the per-round max), as now only 0.75% goes to each account.

Quote from: malevolent on November 18, 2019, 05:56:29 PM

Quote from: JollyGood on November 18, 2019, 09:43:01 AM

What is the most percentage-wise that the bankroll has been paid out on a single bet and on one particular crash to winners accumulatively? Does anybody know?

No idea, I'm curious myself.

I'm curious about this as well. In game 1257652, baaaitcoin bet 1 btc and was forced to cash out at 38.08x. He has several more bets where he was forced to cash out at 1% of bankroll.

baaaitcoin also played on what I assume was an alt account (lolbaity42) simultaneously for some time. On games such as game 1257628, the server was forced to cash out due to the per-round max (1.5% of bankroll). In this round baaaitcoin and lolbaity42 together earned more than 57 btc of profit.

So in terms of percentages, both maximums have been hit before.

sana54210

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I think the person doesn't even get cashed out is he? Like he suppose to win 10x but if it is 1.67 that he gets the max then he gets the max, could be 15000x on the game all we care as long as he hits the max he gets the max nothing more as far as I know.

That is why it is a max, you are not allowed to make more from the max, I mean I am trying to make it sound like a question because I can't think of a single reason and single way how a person could make more than the allowed max win but it sounds just too silly, if there was a way to make more than the max then there would be a higher max because if you made more than the "max" that means that wasn't the max to begin with, max should be something you can't win more than that amount. I think I didn't make any sense at all but you guys got me Cheesy

.

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Ah just I was getting my head around the sums involved here you go and throw a spanner in the works

Quote from: RHavar on November 18, 2019, 07:15:01 PM

Quote from: malevolent on November 18, 2019, 05:56:29 PM

If only a single person made a bet, and if they made a max bet, the game would auto-cashout before reaching 1.67x.

I don't think that's quite correct. That user will be auto-cashed out at 1.67x or what ever, but not the game itself. The game itself has a separate higher limit. Hence for the game limit to be hit, you generally require >= 2 whales playing at once (or it happens at a very high bust point).

And ideally, the per-game limit never gets triggered, because it's rather shitty for players that their bets are affected by other players action (even though it doesn't change the EV, it still sucks)

RHavar

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Quote from: malevolent on November 18, 2019, 05:56:29 PM

If only a single person made a bet, and if they made a max bet, the game would auto-cashout before reaching 1.67x.

I don't think that's quite correct. That user will be auto-cashed out at 1.67x or what ever, but not the game itself. The game itself has a separate higher limit. Hence for the game limit to be hit, you generally require >= 2 whales playing at once (or it happens at a very high bust point).

And ideally, the per-game limit never gets triggered, because it's rather shitty for players that their bets are affected by other players action (even though it doesn't change the EV, it still sucks)

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Quote from: ronaldo40 on November 18, 2019, 10:06:56 AM

as you can see in the screenshot below that the max bet right now at bustabit is 97.09 so if bet that amount you need to reach 1.66x to make the game instant stop because it reaches the max profit

Yes, but we were talking about a scenario when 50 people are max betting during the same round.

Quote from: JollyGood on November 18, 2019, 09:43:01 AM

What is the most percentage-wise that the bankroll has been paid out on a single bet and on one particular crash to winners accumulatively? Does anybody know?

No idea, I'm curious myself.

Quote from: Ringg on November 18, 2019, 09:02:19 AM

Wouldn't the max bet just result in auto cashout around ~1.5? (Due to max profit being hit)

If only a single person made a bet, and if they made a max bet, the ~~game~~ player would be auto-cashed before reaching 1.67x.

GamblingSiteFinder

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It sure looks like user Krills is trying to bankrupt Bustabit right now. What a run!

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Quote from: malevolent on November 18, 2019, 08:48:04 AM

1.5% of the total bankroll:

6438 and some change * 0.015 = 96.58

(50 * 96.58 * 1.02) — (50 * 96.58) = 96.58

If in such a scenario the game multiplier were to reach 1.03x, bustabit would be risking not 1.5% but 2.25% of the total bankroll.

max bet has increased to 97.09 now but the principle remains the same

as you can see in the screenshot below that the max bet right now at bustabit is 97.09 so if bet that amount you need to reach 1.66x to make the game instant stop because it reaches the max profit

Quote from: JollyGood on November 18, 2019, 09:43:01 AM

JollyGood

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Quote from: malevolent on November 18, 2019, 08:48:04 AM

1.5% of the total bankroll:

6438 and some change * 0.015 = 96.58

(50 * 96.58 * 1.02) — (50 * 96.58) = 96.58

If in such a scenario the game multiplier were to reach 1.03x, bustabit would be risking not 1.5% but 2.25% of the total bankroll.

max bet has increased to 97.09 now but the principle remains the same

What is the most percentage-wise that the bankroll has been paid out on a single bet and on one particular crash to winners accumulatively? Does anybody know?

This happened a little while ago

Ringg

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Quote from: malevolent on November 18, 2019, 08:48:04 AM

Quote from: JollyGood on November 18, 2019, 08:19:09 AM

How do calculate those sums? Do they pop in to your head or do you use a calculator?

I thought I was fairly good at maths so would like to know the answer Grin

1.5% of the total bankroll:

6438 and some change * 0.015 = 96.58

(50 * 96.58 * 1.02) — (50 * 96.58) = 96.58

If in such a scenario the game multiplier were to reach 1.03x, bustabit would be risking not 1.5% but 2.25% of the total bankroll.

max bet has increased to 97.09 now but the principle remains the same

Wouldn't the max bet just result in auto cashout around ~1.5? (Due to max profit being hit)

malevolent

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Quote from: JollyGood on November 18, 2019, 08:19:09 AM

How do calculate those sums? Do they pop in to your head or do you use a calculator?

I thought I was fairly good at maths so would like to know the answer Grin

1.5% of the total bankroll:

6438 and some change * 0.015 = 96.58

(50 * 96.58 * 1.02) — (50 * 96.58) = 96.58

If in such a scenario the game multiplier were to reach 1.03x, bustabit would be risking not 1.5% but 2.25% of the total bankroll.

max bet has increased to 97.09 now but the principle remains the same

JollyGood

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Quote from: malevolent on November 18, 2019, 07:15:08 AM

Quote from: sana54210 on November 18, 2019, 04:57:54 AM

There is a reason why there is a "max bet", that Is calculated for being a very minimum of what could be the max bankroll, so the max bet is not like 25% of all bankroll, it is quite small (I forgot what it was but it was something like 1% or something) and that Is why you can literally have 50 people all betting max (and most of the time there are not that many people with that much money who would be willing to bet that much let alone at the same time) and you would still have a good bankroll.

If you had 50 people max betting (96.58 BTC bets each as of now), the game would cash out at 1.02x, because that's when bustabit would be risking exactly 1.5% of its bankroll (onsite + offsite bankroll).

Quote

What happens when the server forces people to cash out?

Under some circumstances, the server will force people to cash out.

The most common reason is that the game multiplier has gotten so large that we are risking too much of our bankroll (1.5%). If a player has won more than 1% of the bankroll, that player is also forced to cash out his winnings.

Of course that's extremely unlikely as it's pretty rare to see even one person bet more than 1 BTC at a given time.

How do calculate those sums? Do they pop in to your head or do you use a calculator?

I thought I was fairly good at maths so would like to know the answer Grin

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Quote from: sana54210 on November 18, 2019, 04:57:54 AM

There is a reason why there is a "max bet", that Is calculated for being a very minimum of what could be the max bankroll, so the max bet is not like 25% of all bankroll, it is quite small (I forgot what it was but it was something like 1% or something) and that Is why you can literally have 50 people all betting max (and most of the time there are not that many people with that much money who would be willing to bet that much let alone at the same time) and you would still have a good bankroll.

If you had 50 people max betting (96.58 BTC bets each as of now), the game would cash out at 1.02x, because that's when bustabit would be risking exactly 1.5% of its bankroll (onsite + offsite bankroll).

Quote

What happens when the server forces people to cash out?

Under some circumstances, the server will force people to cash out.

The most common reason is that the game multiplier has gotten so large that we are risking too much of our bankroll (1.5%). If a player has won more than 1% of the bankroll, that player is also forced to cash out his winnings.

Of course that's extremely unlikely as it's pretty rare to see even one person bet more than 1 BTC at a given time.

sana54210

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There is a reason why there is a "max bet", that Is calculated for being a very minimum of what could be the max bankroll, so the max bet is not like 25% of all bankroll, it is quite small (I forgot what it was but it was something like 1% or something) and that Is why you can literally have 50 people all betting max (and most of the time there are not that many people with that much money who would be willing to bet that much let alone at the same time) and you would still have a good bankroll.

There is literally almost no chance of bankrupting the bankroll because you can gamble at most the max amount and when you lose it you can't martingale it higher, so you need to keep try to win the same amount and when you do you may end up even further in loss as well.

Topic: bustabit – The original crash game - page 71. (Read 61604 times)