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Topic: ⭐ Crypto.Games ⭐ 0.8% House Edge on Dice ⭐ Largest wagering contest...ever ⭐ - page 152. (Read 345525 times)

sr. member
Activity: 974
Merit: 264
Catch the winning spirit!
Bitcoin Lotto round #259 will close in approx 10 hours!

Current prizes:
1st place: 0.00608 BTC
2nd place: 0.00114 BTC
3rd place: 0.00038 BTC

Total tickets bought so far: 76
Price per ticket: 0.00010 BTC


Today's LTC Lottery was won by godog with 24% of the tickets. Congrats.



Current LTC top 5 from our Wagering Contest with ±2 weeks to go:






Catch the winning spirit!
sr. member
Activity: 974
Merit: 264
Catch the winning spirit!
Monday's Dogecoin lottery round 129 draw results:

Place   Nickname       Owned Tickets   Winning Ticket   Chance of winning   Reward in DOGE
1Zero138266722.609%23,000 DOGE
2Marley9811610.870%4,313 DOGE
3Hardin661501843.478%1,438 DOGE

Congrats winners!


LiteCoin Lotto round  #41 will be drawn tomorrow. 11 hours left to buy tickets!

Wagering Contest ongoing! Prizes are up to 0.5 BTC, 2.5 ETH and 8 LTC. More info in this thread




Catch the winning spirit!
sr. member
Activity: 974
Merit: 264
Catch the winning spirit!
DOGE Lotto Round #129 will close in approx 14 hours!

Current prizes:
1st place:  22,600 DOGE
2nd place: 4,238 DOGE
3rd place: 1,413 DOGE

Total tickets bought so far: 113
Price per ticket: 250 DOGE


Congrats to player Marceline with a Max Win (betsize 0.00014400 BTC, profit 0.09345600 BTC) on Plinko today. Also 2 slot jackpots today for players Calli596 and PORTUGAL!



Crypto-Games Challenge is still on! 1 BTC in pot and prizes are up to 0.07 BTC per bet. More info in this thread: https://bitcointalksearch.org/topic/crypto-gamesnet-challenge-1-btc-in-pot-up-to-007-btc-per-bet-3309715.




Catch the winning spirit!
sr. member
Activity: 974
Merit: 264
Catch the winning spirit!
Bitcoin Lotto round #258 will close in approx 9 hours!

Current prizes:
1st place: 0.00976 BTC
2nd place: 0.00183 BTC
3rd place: 0.00061 BTC

Total tickets bought so far: 122
Price per ticket: 0.00010 BTC




Catch the winning spirit!
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
Quote
roll 1.111 and betID must end with 1,
roll 2.222 and betID must end with 2,
roll 3.333 and betID must end with 3,
roll 4.444 and betID must end with 4,
roll 5.555 and betID must end with 5.
Example of winning roll: 4.444 with BetID 2,154,290,004
Each roll will be awarded once.
Must be a winning bet.
Dice BetID must be 2,154,290,000 or higher.
Rewards:
bet equal or above 0.00001 BTC = 0.0007 BTC reward
bet equal or above 0.0001 BTC = 0.007 BTC reward
bet equal or above 0.001 BTC = 0.07 BTC reward

Some calculations for hunters

Odds of hitting a winning roll & a bet ID
are 1 : 20 000

On average you'll hit a winning reward each 20 000 bets
If you bet a 0.0001BTC, you'll roll 2 BTC in bets
With a 0.8% edge, on average you'd lose 0.016BTC
The reward is 0.007BTC

Which means, if you're hunting the reward, you'll decrease the house edge from 0.8% to 0.45% Smiley

Mm I thought you need a bit more bets:

1/100000 * 1/10 + 1/100000 * 1/10 + 1/100000 * 1/10 + 1/100000 * 1/10 + 1/100000 * 1/10 = 0.000005 so 1 / 0.000005 = 200,000 bets?

Yepp.
I fucked up.
It's 1: 200 000, not 1: 20 000
legendary
Activity: 1876
Merit: 1295
DiceSites.com owner
Quote
roll 1.111 and betID must end with 1,
roll 2.222 and betID must end with 2,
roll 3.333 and betID must end with 3,
roll 4.444 and betID must end with 4,
roll 5.555 and betID must end with 5.
Example of winning roll: 4.444 with BetID 2,154,290,004
Each roll will be awarded once.
Must be a winning bet.
Dice BetID must be 2,154,290,000 or higher.
Rewards:
bet equal or above 0.00001 BTC = 0.0007 BTC reward
bet equal or above 0.0001 BTC = 0.007 BTC reward
bet equal or above 0.001 BTC = 0.07 BTC reward

Some calculations for hunters

Odds of hitting a winning roll & a bet ID
are 1 : 20 000

On average you'll hit a winning reward each 20 000 bets
If you bet a 0.0001BTC, you'll roll 2 BTC in bets
With a 0.8% edge, on average you'd lose 0.016BTC
The reward is 0.007BTC

Which means, if you're hunting the reward, you'll decrease the house edge from 0.8% to 0.45% Smiley

Mm I thought you need a bit more bets:

1/100000 * 1/10 + 1/100000 * 1/10 + 1/100000 * 1/10 + 1/100000 * 1/10 + 1/100000 * 1/10 = 0.000005 so 1 / 0.000005 = 200,000 bets?
newbie
Activity: 7
Merit: 0
sr. member
Activity: 974
Merit: 264
Catch the winning spirit!
Meanwhile Wagering Contest is ongoing and these are current Ethereum top 5 leaders with less than 3 weeks to go:



More info here.




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legendary
Activity: 2198
Merit: 1150
Freedom&Honor
Which means, if you're hunting the reward, you'll decrease the house edge from 1% to 0.3%
Now the bad news for you is (the good news for people playing at CG): The house edge is never 1% to start with.
Dice has a 0.8% house edge, (almost) always had.

(you might also wanna recheck the remainder of your calculations).

Sorry, edited.
My bad.
I haven't gambled on dice a lot on CG, only bankroll...
0.45% is pretty decent.
copper member
Activity: 1890
Merit: 1874
Goodbye, Z.
Which means, if you're hunting the reward, you'll decrease the house edge from 1% to 0.3%
Now the bad news for you is (the good news for people playing at CG): The house edge is never 1% to start with.
Dice has a 0.8% house edge, (almost) always had.

(you might also wanna recheck the remainder of your calculations).
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
Quote
roll 1.111 and betID must end with 1,
roll 2.222 and betID must end with 2,
roll 3.333 and betID must end with 3,
roll 4.444 and betID must end with 4,
roll 5.555 and betID must end with 5.
Example of winning roll: 4.444 with BetID 2,154,290,004
Each roll will be awarded once.
Must be a winning bet.
Dice BetID must be 2,154,290,000 or higher.
Rewards:
bet equal or above 0.00001 BTC = 0.0007 BTC reward
bet equal or above 0.0001 BTC = 0.007 BTC reward
bet equal or above 0.001 BTC = 0.07 BTC reward

Some calculations for hunters

Odds of hitting a winning roll & a bet ID
are 1 : 20 000

On average you'll hit a winning reward each 20 000 bets
If you bet a 0.0001BTC, you'll roll 2 BTC in bets
With a 0.8% edge, on average you'd lose 0.016BTC
The reward is 0.007BTC

Which means, if you're hunting the reward, you'll decrease the house edge from 0.8% to 0.45% Smiley
legendary
Activity: 2894
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
New Crypto-Games Challenge!


Accept our challenge on Video Poker, Blackjack, Slots, Roulette, Dice, Plinko and win from 0.0001 to 0.07 BTC for each bet fulfilling requirements in this thread.
sr. member
Activity: 974
Merit: 264
Catch the winning spirit!
Bitcoin Lotto round #257 will close in approx 9 hours!

Current prizes:
1st place: 0.00816 BTC
2nd place: 0.00153 BTC
3rd place: 0.00051 BTC

Total tickets bought so far: 102
Price per ticket: 0.00010 BTC


Current leaders of this month's wagering contest can be found in this post.


Gridcoin will be delisted tomorrow, April 11th at 12:00 UTC. Please withdraw your coins before deadline, thanks!




Catch the winning spirit!
legendary
Activity: 1792
Merit: 1283
edit: We're removing Gridcoin from website on April 11th 2018. All users with balance higher than minimum withdraw were notified on their email

Oh dang still going through with that? So I take it that there are still problems with the wallet?
Well at least there are two new coins to replace it, so it doesn't sting too bad.
Gridcoin team had wallet issues for over a month, so we and exchanges were waiting for GRC team to fix it. We already replaced grc with bcash and soon we'll add stellar lumens  Cheesy

Stellar will be a great addition, it's the most interesting coin from that entire poll IMO.
Also, since it's got a pretty low value, I reckon that it would be great to play roulette with. If the minimum bets aren't too high Smiley 

sr. member
Activity: 974
Merit: 264
Catch the winning spirit!
Monday's Dogecoin lottery round 128 draw results:

Place   Nickname       Owned Tickets   Winning Ticket   Chance of winning   Reward in DOGE
1Afknow92520.930%8,600 DOGE
2lenro19182.326%1,613 DOGE
3Sinjin268121227.907%538 DOGE

Congrats winners!


LiteCoin Lotto round  #40 will be drawn tomorrow. 10 hours left to buy tickets!

Congrats to user Panos for hitting dice jackpot of 0.03273582 BTC with a bet of only 50 satoshi!



Catch the winning spirit!
legendary
Activity: 2894
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
edit: We're removing Gridcoin from website on April 11th 2018. All users with balance higher than minimum withdraw were notified on their email

Oh dang still going through with that? So I take it that there are still problems with the wallet?
Well at least there are two new coins to replace it, so it doesn't sting too bad.
Gridcoin team had wallet issues for over a month, so we and exchanges were waiting for GRC team to fix it. We already replaced grc with bcash and soon we'll add stellar lumens  Cheesy
legendary
Activity: 1792
Merit: 1283
edit: We're removing Gridcoin from website on April 11th 2018. All users with balance higher than minimum withdraw were notified on their email

Oh dang still going through with that? So I take it that there are still problems with the wallet?
Well at least there are two new coins to replace it, so it doesn't sting too bad.
legendary
Activity: 2894
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
Hi there,
This one is to notify yoy that i have not received my bonus from your Facebook campaign and it is going to be more than two days after being posted there. Please see problem
Regards

Rules:
3.) Members and above only
newbie
Activity: 19
Merit: 0
Hi there,
This one is to notify yoy that i have not received my bonus from your Facebook campaign and it is going to be more than two days after being posted there. Please see problem
Regards
legendary
Activity: 2894
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
I haven't visited crypto-games in a while, but today I wanted to make a deposit to make an investment, but it seems that IP addresses from The Netherlands are blocked from making deposits? Why is that?
I have been offline from bitcointalk, so I have missed the reason why.
In short: regulations  Smiley
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