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Topic: crypto-games.net, 30% house edge, bugs and vulnerabilities, screw the investors! - page 19. (Read 13017 times)

legendary
Activity: 2940
Merit: 1333
as in the title. im fairly sure I found a +EV method for a particular dice site, if someone like dooglus would pm me to confirm for this I would consider selling this bit of info to a few people. just being +EV goes not guarantee massive profits because this is gambling after all, but it is +EV. this does not involve martingale whatsoever.

how is that possible  Huh that's insane
it's impossible to find a dice site that you can have +EV playing it
if this topic was for newbie then I will laugh a lot , but this is coming from a Hero Member  Huh
damn I'm so curious to know what is this ( particular ) dice site
I won't buy it and I won't believe it unless I know the site

It's not impossible at all. DaDice for instance has a jackpot that pays out 20 million satoshis for a 1 satoshi bet, and hits about 1 in 4 million rolls. That's massively +EV (except that the jackpot isn't at all provably fair, and it is really easy for them to cheat).

subSTRATA, if you want to PM me the details I'd be happy to check it out and confirm or deny. If you did find a problem I hope you would offer it to the site itself for a reasonable price first.

Edit:
Now that I understand better that your method is simply +EV and not necessarily a sure winning method I'm not as interested.

But +EV is really all you need. Play long enough, apply proper bankroll management and you will win.

(Assuming of course that it really *is* +EV).

There's always luck involved and so it's possible to have short term losses. Think of counting cards at blackjack for instance. It's possible to have long losing sessions, but the odds are in your favour if you do it right, and so you will eventually end up ahead.

Edit2: Lots of people are saying it's not possible to find a +EV strategy. I wouldn't be so sure. There can be all kinds of problems with the implementation of a dice game. PRC dice used to roll high numbers more often than low numbers due to a bug, and so it was possible to have a +EV game just by rolling 'hi' every time. I can imagine a game where your payout is rounded up to the nearest satoshi rather than down, such that a 60% bet ends up paying 2x for small bets. That would be +EV. And so on.

+EV means "positive expected value", and basically just means that the odds are in your favour rather than against you.
sr. member
Activity: 462
Merit: 250

I'll send him a pm.

edit: sent, seems hes online so now we wait.

Tons of other people have come to think that their method is +EV , but its impossible to have one unless there is an exploit. If there existed any such method all the casinos would have shut down by now.
But since you say a particular dice site, do you mean by an exploit ? As the factors which would make you think that would be max bet size and lowest bet possible on the site or a zero or negative house edge. There is no other different way to beat the house.
legendary
Activity: 1288
Merit: 1043
:^)
not going to give specifics, a vouch from dooglus especially should clear most doubts though.

I do hope dooglus vouch for this but all I know that it is impossible to have +EV. A good strategy will get you near to zero EV  not make them +EV . Also that this is not clear, you mentioned that it works on a particular dice sites . It should works on any dice sites that have the same house edge since they are not different

it's not some betting strategy like Martingale, it's just that on this particular site, it is possible to get an edge.

There is no way to get an edge. You could always lower it close to zero . Strategy or what do you call this but you have claim that this is not about getting bonus or strategy as well so there could be only 1 possibility for this, investing on the site ? However I dont think that it is this.

Have you contacted dooglus for a vouch yet for this? I will believe this only if he vouch you

I'll send him a pm.

edit: sent, seems hes online so now we wait.
legendary
Activity: 1540
Merit: 1013
not going to give specifics, a vouch from dooglus especially should clear most doubts though.

I do hope dooglus vouch for this but all I know that it is impossible to have +EV. A good strategy will get you near to zero EV  not make them +EV . Also that this is not clear, you mentioned that it works on a particular dice sites . It should works on any dice sites that have the same house edge since they are not different

it's not some betting strategy like Martingale, it's just that on this particular site, it is possible to get an edge.

There is no way to get an edge. You could always lower it close to zero . Strategy or what do you call this but you have claim that this is not about getting bonus or strategy as well so there could be only 1 possibility for this, investing on the site ? However I dont think that it is this.

Have you contacted dooglus for a vouch yet for this? I will believe this only if he vouch you
legendary
Activity: 2772
Merit: 1127
I don't think Stunna will bother to verify your claims unless the dice site you are speaking about is PD.

And I don't know if Dooglus is too much active right now, and I don't know how sharp are his mathematical skills.


legendary
Activity: 3066
Merit: 1129
Maybe you are just having a lucky period. This is all I can think of.
legendary
Activity: 2905
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
If there's a house edge it can't be EV+. It just can't.
legendary
Activity: 1288
Merit: 1043
:^)
What the gentlemen is claiming is he has a way so instead of a 1% -EV game you're looking at, that you would have a mathmatical edge on your bets. While I would be extremely apprehensive about this, I would love to hear the actuarial calculations behind this being actually a +EV proposition.

I will keep it between me and the OP if he chooses, and while I wouldn't discuss his strategy (that's up to him) I would relay if his +EV claim is valid or not.

It is now in his court.


no offense, but I'm not giving this out to anyone just because they promise not to tell. also, you being just a full member, people might accuse a shill account or something. that's why I'm waiting for someone like dooglus or stunna to offer a vouch.
full member
Activity: 215
Merit: 100
What the gentlemen is claiming is he has a way so instead of a 1% -EV game you're looking at, that you would have a mathmatical edge on your bets. While I would be extremely apprehensive about this, I would love to hear the actuarial calculations behind this being actually a +EV proposition.

I will keep it between me and the OP if he chooses, and while I wouldn't discuss his strategy (that's up to him) I would relay if his +EV claim is valid or not.

It is now in his court.
legendary
Activity: 1288
Merit: 1043
:^)
Is your method something like playing lots of 0.000001 bets on fortunejack for the jackpot or by playing lots of bets on Dadice for the jackpot and special prize of the 500,000,000th bet?

no. it doesn't involve any sort of bonus or jackpot in any way.

Hmm interesting. One more question, with more people knowing the method (since you mentioned you want to sell it to a few persons), will it become less or even no longer effective?


can't say, it depends on how far those select few are willing to abuse this, along with if they win or not. again, just having an edge doesn't guarantee bags of money growing on trees or anything.
hero member
Activity: 546
Merit: 500
Gonna wait for a vouch on this and see where it goes.. It sounds kinda impossible but let's see. Smiley
legendary
Activity: 1288
Merit: 1043
:^)
not going to give specifics, a vouch from dooglus especially should clear most doubts though.

I do hope dooglus vouch for this but all I know that it is impossible to have +EV. A good strategy will get you near to zero EV  not make them +EV . Also that this is not clear, you mentioned that it works on a particular dice sites . It should works on any dice sites that have the same house edge since they are not different

it's not some betting strategy like Martingale, it's just that on this particular site, it is possible to get an edge.
legendary
Activity: 910
Merit: 1000
Is your method something like playing lots of 0.000001 bets on fortunejack for the jackpot or by playing lots of bets on Dadice for the jackpot and special prize of the 500,000,000th bet?

no. it doesn't involve any sort of bonus or jackpot in any way.

Hmm interesting. One more question, with more people knowing the method (since you mentioned you want to sell it to a few persons), will it become less or even no longer effective?
legendary
Activity: 1540
Merit: 1013
not going to give specifics, a vouch from dooglus especially should clear most doubts though.

I do hope dooglus vouch for this but all I know that it is impossible to have +EV. A good strategy will get you near to zero EV  not make them +EV . Also that this is not clear, you mentioned that it works on a particular dice sites . It should works on any dice sites that have the same house edge since they are not different
legendary
Activity: 1288
Merit: 1043
:^)
Is your method something like playing lots of 0.000001 bets on fortunejack for the jackpot or by playing lots of bets on Dadice for the jackpot and special prize of the 500,000,000th bet?

no. it doesn't involve any sort of bonus or jackpot in any way. it's actually relatively simple.
legendary
Activity: 910
Merit: 1000
Is your method something like playing lots of 0.000001 bets on fortunejack for the jackpot or by playing lots of bets on Dadice for the jackpot and special prize of the 500,000,000th bet?
legendary
Activity: 1288
Merit: 1043
:^)
What does "+EV" mean?  As for how much I would pay, probably as much as I could afford to pay if it was impossible to lose with.  The only risk then would be that the dice site you were playing on didn't pay out, which, I doubt you would run into unless you were stupid enough to build up like a 2,3 BTC bankroll. 

this is gambling, I'm not giving any assurances on winning, nor will I ever claim to. as stated before, I just know a way to get +EV, nothing more, nothing less.

and I didn't do an exact calculation, because that involves effort, which is scarce this late at night, but it is +EV.
full member
Activity: 154
Merit: 100
That Darn Cat
What does "+EV" mean?  As for how much I would pay, probably as much as I could afford to pay if it was impossible to lose with.  The only risk then would be that the dice site you were playing on didn't pay out, which, I doubt you would run into unless you were stupid enough to build up like a 2,3 BTC bankroll. 
legendary
Activity: 2296
Merit: 1031
what does +EV means Huh Positive expectation?

Does it involve any kind of exploit or something?

Here you go:  http://www.wikihow.com/Calculate-an-Expected-Value

It's not an exploit, it's just a fair consideration of the eventual values given a large statistical basis of data.

Thank you.

But did OP made the calculation to proof his method is a winning one or he just got lots of fata, got profit and concluded his method has +EV?

What is the EV for your method?

I didn't do a calculation mostly because I didn't want to do any math today, but it is +EV, that I'm fairly sure of.

I'm constantly calculating.  Frankly, this was my first consideration of +EV and had no idea of calculating it.  So I hate reading.  But I read about 1/3 of that page I linked and boom: calculations are flowing in my head.  So guess what I'm doing now, subSTRATA?  That's right, back at the simulator!  And... It's very interesting with the calc ideas I got from EV consideration and what that page had to say... In my very first sim run with a .1 bank I was up .04 at 17K bets before crashing out and losing about half the bank roll.     /sigh  /smh  ... back to the drawing board.

edit:  but that's the thing to remember here... If you can wipe out your bankroll in 17K rolls it's just as likely that you could wipe it out before even hitting .01 profit in just 1K rols.  You'd have to run the sims over and over again to find what "EV" looks appealing but even then when you go to gamble... it's in god's hands.
legendary
Activity: 1288
Merit: 1043
:^)
what does +EV means Huh Positive expectation?

Does it involve any kind of exploit or something?

Here you go:  http://www.wikihow.com/Calculate-an-Expected-Value

It's not an exploit, it's just a fair consideration of the eventual values given a large statistical basis of data.

Thank you.

But did OP made the calculation to proof his method is a winning one or he just got lots of fata, got profit and concluded his method has +EV?

What is the EV for your method?

I didn't do a calculation mostly because I didn't want to do any math today, but it is +EV, that I'm fairly sure of.
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