Author

Topic: ⭐ Crypto.Games ⭐ 0.8% House Edge on Dice ⭐ Largest wagering contest...ever ⭐ - page 138. (Read 345525 times)

jr. member
Activity: 47
Merit: 6
Saturday's Bitcoin lottery (round 286) draw results:
~snip~

Congo! <<<<<<HuhHuh

Getting really creative with the congratulations, I see Tongue
Must be S0lidus behind the keyboard again...

I'm sure it's a coincidence that you've put that there on the one that Accountant wins...  Roll Eyes

Guilty. At least no weird links this time :p


Oh and today's Dogecoin lottery was won by thenerd314! congrats for first and second place Wink

Litecoin lottery will be drawn tomorrow and still some hours left to buy tickets which are 0.005 ltc each. 33 tickets bought so far.

Don't worry, I donated my winnings to BCH investors Smiley
legendary
Activity: 1792
Merit: 1283
Saturday's Bitcoin lottery (round 286) draw results:
~snip~

Congo! <<<<<<HuhHuh

Getting really creative with the congratulations, I see Tongue
Must be S0lidus behind the keyboard again...

I'm sure it's a coincidence that you've put that there on the one that Accountant wins...  Roll Eyes

Guilty. At least no weird links this time :p


Oh and today's Dogecoin lottery was won by thenerd314! congrats for first and second place Wink

Litecoin lottery will be drawn tomorrow and still some hours left to buy tickets which are 0.005 ltc each. 33 tickets bought so far.

No weird links?!?! Dude, yeah I'm glad you haven't linked to some obscure pseudo-religious video this time...
You're everyone's favorite's liability by now, can't wait till your next response  Grin

No but seriously <3 S0lidus, you're the reason I keep watching this thread!

And because I get 10% extra
full member
Activity: 950
Merit: 120
CryptoGames: Revamped Games, Multiple Coins
Saturday's Bitcoin lottery (round 286) draw results:
~snip~

Congo! <<<<<<HuhHuh

Getting really creative with the congratulations, I see Tongue
Must be S0lidus behind the keyboard again...

I'm sure it's a coincidence that you've put that there on the one that Accountant wins...  Roll Eyes

Guilty. At least no weird links this time :p


Oh and today's Dogecoin lottery was won by thenerd314! congrats for first and second place Wink

Litecoin lottery will be drawn tomorrow and still some hours left to buy tickets which are 0.005 ltc each. 33 tickets bought so far.
legendary
Activity: 1792
Merit: 1283
Saturday's Bitcoin lottery (round 286) draw results:

Place   Nickname       Tickets   Winning Ticket   Chance of winning   Reward in Bitcoin
1Accountant326018.713%0.013680 BTC
2roadcrypto51032.924%0.002565 BTC
3Danny40731401.754%0.000855 BTC

Congo! <<<<<<HuhHuh

Getting really creative with the congratulations, I see Tongue
Must be S0lidus behind the keyboard again...

I'm sure it's a coincidence that you've put that there on the one that Accountant wins...  Roll Eyes
hero member
Activity: 2576
Merit: 882
Freebitco.in Support https://bit.ly/2I9BVS2
First of all, I want to say sorry about misunderstanding about what I wrote there but I think this is pretty absurd, I am trying to quote thequin asking for an explanation because what I think CG have more than that payout and I am sorry for the missing 1 zero I am truly apologize here instead of 7 eth I want to say 70 eth. Thanks for pointing that out and give some good explanation. Really appriciate it

The quote of me you used contained this:

Just to correct you about roulette. Maximum win per field is 50 ETH, but you can win more than 50 ETH in a single round if you f.e. bet on RED + Number 23, those are two fields and your max win will be 100 ETH.

That was already correcting my misunderstanding of what is written in the faq. The follow-up posts already contained a full explanation. Why on earth would you ask me if I was sure?
legendary
Activity: 1834
Merit: 1008
Just to correct you about roulette. Maximum win per field is 50 ETH, but you can win more than 50 ETH in a single round if you f.e. bet on RED + Number 23, those are two fields and your max win will be 100 ETH.
OK, I didn't find that in the FAQ, it just says you can bet between 0.0002 ETH and 70 ETH. What's the maximum for Bitcoin (just in case I ever run into it)?
70 eth for the max bet? Are for sure because what I played is basically 7.8 eth at the most highest payout for dice game, I do not know about other games, it must be definitely the same payout. But with such site having 70 eth max payout this mean they got pretty huge bankroll or invested. And if you are curious about the investment, I can tell you the last time I see is around 5.8k eth invested there but giving max 7++ eth payout
It honestly baffles me you have not yet been banned for spamming/posting nonsense comments. So much wrong information in a single post, while even quoting those posts that have the correct information.
Anyway, let's see about this point for point.



70 eth for the max bet?
Nope, as already mentioned, roulette limits a max win per field, not a maximum bet.

Are for sure because what I played is basically 7.8 eth at the most highest payout for dice game
Nope, dice has a maximum win limit, not a maximum payout (the payout is your bet + what you win).
Currently the maximum bet on dice with ETH is 1,083 and the maximum win is 108.33 ETH (a bit more than your 7.8 ETH), which brings the maximum payout to 1,191.63 ETH (combination of max bet + max win).

I do not know about other games, it must be definitely the same payout.
No, it definitely does not have to be the same.
General consensus for the risk crowdfunded casinos should take is that maximum wins per single bet can be up to the house edge of the game.

Sounds complicated, but it actually isn't. It simply means that the maximum win on dice can be up to 0.8% (house edge on dice) of the total bankroll.
As roulette has a higher house edge (2.7% compared to 0.8%, more than threefold), we could possibly offer higher maximum limits there.
Of course that is in comparison to the actual limit on dice, the 108.33 ETH, not your assumption of 7.8 ETH being the limit.

But with such site having 70 eth max payout this mean they got pretty huge bankroll or invested.
Well, I guess, yeah, technically, you are kinda, ok, that's true. I cannot disagree with anything in this part of the post. I'll give you that.

And if you are curious about the investment, I can tell you the last time I see is around 5.8k eth invested there but giving max 7++ eth payout
At house edge limit, 5800 ETH would allow a maximum win (still not payout) of 46.4 ETH (not just 7), which is 0.8% of that imaginary bankroll.
However, that is not where the ETH bankroll is at, because you can check it on the landing page, it's public information, and if you spend 5 seconds before posting to do so,
you would find out that the current ETH bankroll is 21,960 ETH, not your assumed number.

21,960 ETH in bakroll funds allow for up to 175.68 ETH maximum wins at the house edge threshold.
As you can see, CG even takes a little more conservative approach to the dice max win and sets it lower than the industry standard, with 108.33 ETH just being at 0.5% of the total bankroll.



You could have saved you this embarassment if you only would spend 5 minutes reading and checking what you are posting about.
That shouldn't be asking too much, especially if you are in a signature campaign and actually being paid for making these posts.
Also, you probably don't want your posts to be full of wrong numbers, because when people notice that you're wrong again and again, you lose all your credibility.

First of all, I want to say sorry about misunderstanding about what I wrote there but I think this is pretty absurd, I am trying to quote thequin asking for an explanation because what I think CG have more than that payout and I am sorry for the missing 1 zero I am truly apologize here instead of 7 eth I want to say 70 eth. Thanks for pointing that out and give some good explanation. Really appriciate it
sr. member
Activity: 974
Merit: 264
Catch the winning spirit!
Saturday's Bitcoin lottery (round 286) draw results:

Place   Nickname       Tickets   Winning Ticket   Chance of winning   Reward in Bitcoin
1Accountant326018.713%0.013680 BTC
2roadcrypto51032.924%0.002565 BTC
3Danny40731401.754%0.000855 BTC

Congo!

Current leaders of our Wagering Contest are listed in this post.





Catch the winning spirit!
copper member
Activity: 1890
Merit: 1874
Goodbye, Z.
Just to correct you about roulette. Maximum win per field is 50 ETH, but you can win more than 50 ETH in a single round if you f.e. bet on RED + Number 23, those are two fields and your max win will be 100 ETH.
OK, I didn't find that in the FAQ, it just says you can bet between 0.0002 ETH and 70 ETH. What's the maximum for Bitcoin (just in case I ever run into it)?
70 eth for the max bet? Are for sure because what I played is basically 7.8 eth at the most highest payout for dice game, I do not know about other games, it must be definitely the same payout. But with such site having 70 eth max payout this mean they got pretty huge bankroll or invested. And if you are curious about the investment, I can tell you the last time I see is around 5.8k eth invested there but giving max 7++ eth payout
It honestly baffles me you have not yet been banned for spamming/posting nonsense comments. So much wrong information in a single post, while even quoting those posts that have the correct information.
Anyway, let's see about this point for point.



70 eth for the max bet?
Nope, as already mentioned, roulette limits a max win per field, not a maximum bet.

Are for sure because what I played is basically 7.8 eth at the most highest payout for dice game
Nope, dice has a maximum win limit, not a maximum payout (the payout is your bet + what you win).
Currently the maximum bet on dice with ETH is 1,083 and the maximum win is 108.33 ETH (a bit more than your 7.8 ETH), which brings the maximum payout to 1,191.63 ETH (combination of max bet + max win).

I do not know about other games, it must be definitely the same payout.
No, it definitely does not have to be the same.
General consensus for the risk crowdfunded casinos should take is that maximum wins per single bet can be up to the house edge of the game.

Sounds complicated, but it actually isn't. It simply means that the maximum win on dice can be up to 0.8% (house edge on dice) of the total bankroll.
As roulette has a higher house edge (2.7% compared to 0.8%, more than threefold), we could possibly offer higher maximum limits there.
Of course that is in comparison to the actual limit on dice, the 108.33 ETH, not your assumption of 7.8 ETH being the limit.

But with such site having 70 eth max payout this mean they got pretty huge bankroll or invested.
Well, I guess, yeah, technically, you are kinda, ok, that's true. I cannot disagree with anything in this part of the post. I'll give you that.

And if you are curious about the investment, I can tell you the last time I see is around 5.8k eth invested there but giving max 7++ eth payout
At house edge limit, 5800 ETH would allow a maximum win (still not payout) of 46.4 ETH (not just 7), which is 0.8% of that imaginary bankroll.
However, that is not where the ETH bankroll is at, because you can check it on the landing page, it's public information, and if you spend 5 seconds before posting to do so,
you would find out that the current ETH bankroll is 21,960 ETH, not your assumed number.

21,960 ETH in bakroll funds allow for up to 175.68 ETH maximum wins at the house edge threshold.
As you can see, CG even takes a little more conservative approach to the dice max win and sets it lower than the industry standard, with 108.33 ETH just being at 0.5% of the total bankroll.



You could have saved you this embarassment if you only would spend 5 minutes reading and checking what you are posting about.
That shouldn't be asking too much, especially if you are in a signature campaign and actually being paid for making these posts.
Also, you probably don't want your posts to be full of wrong numbers, because when people notice that you're wrong again and again, you lose all your credibility.
hero member
Activity: 2576
Merit: 882
Freebitco.in Support https://bit.ly/2I9BVS2
~
70 eth for the max bet? Are for sure

No. That is what it says in the faq but read Lutpin's answers above for a fuller explanation. It's more complex on roulette because you can place multiple bets on the same spin. Maximum win per field is 50 ETH.



Edited to spell Lutpin's name correctly before he kills me.
legendary
Activity: 1834
Merit: 1008
Just to correct you about roulette. Maximum win per field is 50 ETH, but you can win more than 50 ETH in a single round if you f.e. bet on RED + Number 23, those are two fields and your max win will be 100 ETH.

OK, I didn't find that in the FAQ, it just says you can bet between 0.0002 ETH and 70 ETH. What's the maximum for Bitcoin (just in case I ever run into it  Cheesy )?

70 eth for the max bet? Are for sure because what I played is basically 7.8 eth at the most highest payout for dice game, I do not know about other games, it must be definitely the same payout. But with such site having 70 eth max payout this mean they got pretty huge bankroll or invested. And if you are curious about the investment, I can tell you the last time I see is around 5.8k eth invested there but giving max 7++ eth payout
sr. member
Activity: 974
Merit: 264
Catch the winning spirit!
Bitcoin Lotto round #286 will close in approx 11 hours!

Current prizes:
1st place: 0.012640 BTC
2nd place: 0.002370 BTC
3rd place: 0.000790 BTC

Total tickets bought so far: 158
Price per ticket: 0.00010 BTC



Current Bitcoin Cash leaders of our wagering contest:





Catch the winning spirit!
copper member
Activity: 1890
Merit: 1874
Goodbye, Z.
Good news for those of you that dislike reCaptchas (and frankly, who doesn't).

The implementation of captcha protection for login attempts has been adjusted to be way more friendly towards regular users (while still holding those parties malicious to either your accounts or the site at bay).
This should be especially beneficial for those users that value their privacy and log in via popular VPNs or a TOR connection, as reCaptchas can be incredibly difficult on those, often without any fault of yours.
Hopefully nobody gets locked out of using crypto.games due to an impossible captcha barrier anymore with this change and everyone can get back to enjoying gambling.
hero member
Activity: 568
Merit: 500
https://bit-exo.com/?ref=gamblingbad
legendary
Activity: 2894
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
hero member
Activity: 568
Merit: 500
https://bit-exo.com/?ref=gamblingbad
sr. member
Activity: 974
Merit: 264
Catch the winning spirit!
Wagering Contest still going!

This is current LTC top 10:




Check our contest page for all rankings.
12 days left this month, good luck. Wink
copper member
Activity: 1890
Merit: 1874
Goodbye, Z.
Is the limit for the 4 corner bets all covering 23 combined to total 5BTC or 5BTC for each bet?
The 5BTC limit affects every stack of chips you place individually.
hero member
Activity: 2576
Merit: 882
Freebitco.in Support https://bit.ly/2I9BVS2
5BTC per field (or to be more accurate per single type of bet, every stack of chips you place has their own max win),

I'm just confused by this bit. On a bet like this:



I get that the limit is 5BTC win for the single on 23.

Is the limit for the 4 corner bets all covering 23 combined to total 5BTC or 5BTC for each bet?
copper member
Activity: 1890
Merit: 1874
Goodbye, Z.
Just to correct you about roulette. Maximum win per field is 50 ETH, but you can win more than 50 ETH in a single round if you f.e. bet on RED + Number 23, those are two fields and your max win will be 100 ETH.
OK, I didn't find that in the FAQ, it just says you can bet between 0.0002 ETH and 70 ETH. What's the maximum for Bitcoin (just in case I ever run into it)?
5BTC per field (or to be more accurate per single type of bet, every stack of chips you place has their own max win), at which point you can start adding corners and splits, which count towards their own limit.
hero member
Activity: 2576
Merit: 882
Freebitco.in Support https://bit.ly/2I9BVS2
Just to correct you about roulette. Maximum win per field is 50 ETH, but you can win more than 50 ETH in a single round if you f.e. bet on RED + Number 23, those are two fields and your max win will be 100 ETH.

OK, I didn't find that in the FAQ, it just says you can bet between 0.0002 ETH and 70 ETH. What's the maximum for Bitcoin (just in case I ever run into it  Cheesy )?
Jump to: