Topic: ⭐ Crypto.Games ⭐ 0.8% House Edge on Dice ⭐ Largest wagering contest...ever ⭐ - page 160. (Read 345505 times)

 

Important announcement: Delisting Gridcoin (GRC)

Starting today, CryptoGames will no longer accept Gridcoin deposits. This is the first step towards a complete removal of the coin from the CryptoGames platform. Investors who are part of the Gridcoin bankroll are asked to divest and withdraw their coins. For this process, there will be a 14 day window (until 19th February) designated. While betting with Gridcoin is still possible during this withdrawal period, first priority for players and investors with a Gridcoin balance should be to move those coins into their own wallets. Users who don't request a withdrawal in time will have their Gridcoin sent to their emergency address on the 19th, if they have set a Gridcoin emergency address before.

After the 19th February, Gridcoin will be removed from the site, and it will be no longer possible to place bets with Gridcoin or request automatic withdrawals of any leftover balances. There will be a specific reclaim process for those users that fail to withdraw their coins in time and don't use emergency addresses.

DOGE Lotto Round #119 will close in approx 9 hours!

Current prizes:
1st place:  316,600 DOGE
2nd place: 59,363 DOGE
3rd place: 19,788 DOGE

Total tickets bought so far: 1583
Price per ticket: 250 DOGE




Current top 5 leaders of Litecoin Wagering Contest:





More info in this thread: https://bitcointalksearch.org/topic/crypto-gamesnet-largest-wagering-contest-ever-58000-in-prizepool-1850986.




Catch the winning spirit!

Saturday's Bitcoin lottery (round 238) draw results:

Place	Nickname	Owned Tickets	Winning Ticket	Chance of winning	Reward in Bitcoin
1	Akama	500	609	21.636%	0.18488 BTC
2	Loser	200	1075	8.654%	0.03467 BTC
3	acikaa87x	4	1666	0.173%	0.01155 BTC

Congratulations winners!



Meanwhile Wagering Contest is ongoing! These are current top 5 leaders of Bitcoin Wagering Contest:






Catch the winning spirit!

Friday's Ethereum lottery (Round 88) draw results:

Place	Nickname	Owned Tickets	Winning Ticket	Chance of winning	Reward in Ethereum
1	Budec479	100	1546	5.400%	3.70400 ETH
2	Eardley929	200	1252	10.799%	0.69450 ETH
3	Morland001	500	712	26.998%	0.23150 ETH

Congratulations!



Bitcoin Lotto draw tomorrow, 8 hours left to buy tickets!!

Current prizes:
1st place: 0.13528 BTC
2nd place: 0.02536 BTC
3rd place: 0.00846 BTC

Total tickets bought so far: 1691
Price per ticket: 0.00010 BTC




Catch the winning spirit!

Wagering Contest of January is over and these are the top 5 players of each Contest and their rewards. Full top 10 lists can be found HERE.


Top 5 players of BitCoin Wagering Contest:

Place	Nickname	Wagered amount	Reward	Amount of BTC Lotto tickets
1	Akama	241.44 BTC	0.5 BTC	500
2	Burne804	179.37 BTC	0.25 BTC	350
3	Loser	109.81 BTC	0.1 BTC	200
4	ulatec	92.36 BTC	0.05 BTC	150
5	Dallton547	84.02 BTC	0.025 BTC	100

Top 5 players of Dogecoin Wagering Contest:

Place	Nickname	Wagered amount	Amount of DOGE Lotto tickets
1	DogeGuid	14,778,229 DOGE	500
2	Goobersmooch	10,896,882 DOGE	350
3	Ranjit	8,572,312 DOGE	200
4	Loser	7,932,168 DOGE	150
5	Jared322	7,536,840 DOGE	100

Top 5 players of Ethereum Wagering Contest:

Place	Nickname	Wagered amount	Reward	Amount of ETH Lotto tickets
1	Morland001	624.57 ETH	2.5 ETH	500
2	Aylmer555	618.33 ETH	1.25 ETH	350
3	Eardley929	470.00 ETH	0.5 ETH	200
4	Ether	375.19 ETH	0.25 ETH	150
5	Budec479	319.78 ETH	0.1 ETH	100

Top 5 players of Litecoin Wagering Contest:

Place	Nickname	Wagered amount	Reward	Amount of LTC Lotto tickets
1	Loser	1,948.77 LTC	8 LTC	500
2	Adkyn566	1,647.81 LTC	4 LTC	350
3	JizzFactory	892.88 LTC	1.5 LTC	200
4	holzfritte	581.18 LTC	0.75 LTC	150
5	brewdog2018	427.07 LTC	0.35 LTC	100

New round of our Monthly Wagering Contest is on!! Join us and win up to 0.5 BTC, 2.5 ETH and 8 LTC. More info in this thread: https://bitcointalksearch.org/topic/crypto-gamesnet-largest-wagering-contest-ever-58000-in-prizepool-1850986.



Ethereum Lotto draw tomorrow! 10 hours left to buy tickets.

Current pizes:
First place: 3.65800 ETH
Second place: 0.68588 ETH
Third place: 0.22862 ETH

Each additional ticket costs 0.00250 ETH!



Investment profit stats of last month: https://bitcointalksearch.org/topic/m.29405814




Catch the winning spirit!

Another Bitcoin Lotto draw tomorrow, 9 hours left to buy tickets!!

Current prizes:
1st place: 0.02208 BTC
2nd place: 0.00414 BTC
3rd place: 0.000138 BTC

Total tickets bought so far: 276
Price per ticket: 0.00010 BTC

Player tuesday won Tuesday's LTC Lottery, congrats!


Also one day left for our Monthly Wagering Contest to end! Win up to 0.5 BTC, 8 LTC or 2.5 ETH. Current top 5 leaders of each coin wagered: https://bitcointalksearch.org/topic/m.29275640.





Catch the winning spirit!

As I said above:


I'm not a lawyer but I believe that Crypto-Games will have taken legal advice that has led them to only restrict deposits.

I always wondered how the legality of "monitoring" your clients is laid out for countries that do not have KYC and similar laws/regulations. KYC forces you to verify your customer to a certain degree, verify their location, identity, etc. However in these other countries that do not enforce any kind of KYC-like legislation it makes me curious how their client-base is regulated at all.

For example, the company that does not have to Know their customer but is also not "allowed" to serve US clients has almost no way of verifying whether or not they are serving US clients; other than simply going off of current IP, which is not a verification at all; it can be circumvented, it can be manipulated, as you said people can go on vacation or even immigrate. There may be some clients that are allowed to play, but wish to not display their location and are refused because they are using a USA IP.

It would seem to be the case that US clients are only artificially restricted until there is KYC enforced worldwide or there is a more stringent validation than current IP. Although, like any business there is incentive to bring in as many customers as you can so I don't see the casino's stepping-up to the plate just to alienate an entire country full of gamblers (especially when they disagree with the KYC doctrine, anyways).

tl;dr Are US Citizens not (legally) allowed to play or is there just restrictions on US IPs? I'm a little confused on the legality.

Indeed there are no reasons that anyone in the US or other restricted countries cannot play from the faucet and withdraw their winnings.

Many people in the Bitcoin and Crypto world like to protect their privacy using VPNs. I don't know of a casino site that prohibits their use or monitors if customers access from another country, say if they happened to go on vacation.

Oh wow, then I have been under the wrong impression this whole time. I told my buddy from the US they might have a tough time using the site, because of the restrictions; I had not realized that everything was fully-functional for US clients except for requesting a deposit address. I was worried my friend would win big, then try for a withdrawal and be denied because they are from USA.

With this being said though, wouldn't that mean that US clients only have access to betting with whatever the faucet/rain will drip out for them? I suppose they could always do as they should've been doing from the start and use some form of IP security, like a VPN. Practically though, without jumping through any hoops the intended way for US members to use the site is through the faucet, is that right?

The only thing restricted to IP addresses in certain locations is requesting a deposit address. The rest of the site including withdrawals works from anywhere in the world.

do you allow withdrawals from the US?

Yes, it is pretty normal for now because dellwin did not join it which is make us can't win big amount and the prize will stay like this way if you can see it. I still prefer with the existance of dellwin so we will make good fortune right here. With his existance, the prize will be higher, although there is really small chance to win it but when your luck comes you will hit it. With current prize, this is less attractive

Monday's Dogecoin lottery round 118 draw results:

Place	Nickname	Owned Tickets	Winning Ticket	Chance of winning	Reward in DOGE
1	Afknow	16	39	35.556%	9,000 DOGE
2	Sinjin268	3	36	6.667%	1,688 DOGE
3	Sinjin268	3	24	6.667%	563 DOGE

Litecoin Lotto round #30 will close in approx 8 hours!

Current prizes:
1st place:  0.172 LTC
2nd place: 0.032 LTC
3rd place: 0.011 LTC

Total tickets bought so far: 43
Price per ticket: 0.005 LTC


Only two days left for Wagering Contest, more info in this thread: https://bitcointalksearch.org/topic/crypto-gamesnet-largest-wagering-contest-ever-58000-in-prizepool-1850986.



Catch the winning spirit!

Seems like the lottery is back to normal now, pretty happy for that.
Plus, you can always still add the extra 1% on special occasions like for lottery round 1000 or something like that.

Now I've got to play a few more lottery rounds with these good odds

DOGE Lotto Round #118 will close in approx 10 hours!

Current prizes:
1st place:  9,000 DOGE
2nd place: 1,688 DOGE
3rd place: 563 DOGE

Total tickets bought so far: 45
Price per ticket: 250 DOGE

No House Edge on Lotto.

Congrats to NakedHiker for winning Saturday's BTC Lotto.

Progressive Dice Jackpot for BTC Dice is now 3.28 BTC, 102.57 ETH for Ethereum Dice and 109.43 LTC for Litecoin Dice.
How our progressive dice jackpot works can be found in our FAQ.




Catch the winning spirit!

When talking about EV we mean over a large sample of bets. When it was +1% EV for every 1 BTC he wagered the expectation, in the long run, is he should end up winning 0.01 BTC. Of course, luck is still involved he could have come away losing or winning more but statistically that is the expectation. Now with 0% EV the expectation is to breakeven so there really isn't much point playing the way he was.

That doesn't necessarily make it "not profitable" to do so, unless they are the only person participating; or am I thinking about it incorrectly?
If even 1-ticket is purchased by someone else, then you purchase the maximum amount of tickets, are you not almost guaranteed to profit that 1-ticket price from that someone else?

The 1% obviously pats the profit so it doesn't matter if anybody else even participates, but this seems to just encourage more participation.

If 2-people buy the maximum amount of tickets (or just the same amount of tickets), and they are the only people that bought tickets (for sake of argument) then one of them is going to profit 2x what they put into it.

They changed the lottery system from +1% EV to 0% EV. I doubt he or anyone else will bother buying the maximum number of tickets again, since it is no longer profitable to do so.