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Topic: ⭐ Crypto.Games ⭐ 0.8% House Edge on Dice ⭐ Largest wagering contest...ever ⭐ - page 31. (Read 345923 times)

legendary
Activity: 1890
Merit: 1148
Join the 6 Billionth Dice Bet Hunt!

To claim a reward, the player must report in chat in 5 minutes and must have at least 3 active days. Playmoney bets are not eligible. Rewarding bet must be at least 0.00005 BTC or altcoin equivalent (picking the rates at the time bet was placed).

If the rewarding bet doesn't fit the requirements, the next valid bet will be the winner.

Good luck!
Is the bet must win or doesn't matter its a win/lose? Are we allowed to bet 0.00005 BTC in any % winning chance too?
legendary
Activity: 2901
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
Join the 6 Billionth Dice Bet Hunt!


To claim a reward, the player must report in chat in 5 minutes and must have at least 3 active days. Playmoney bets are not eligible. Rewarding bet must be at least 0.00005 BTC or altcoin equivalent (picking the rates at the time bet was placed).

If the rewarding bet doesn't fit the requirements, the next valid bet will be the winner.

Good luck!
legendary
Activity: 2901
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
We just integrated Bitcoin Lightning Network!


The minimum deposit via Lightning Network is only 0.00001 BTC (1000 satoshi), the maximum deposit via Lightning Network is 0.04 BTC per transaction.

Our payment provider is charging a 1% fee for handling Lightning Network transactions, which will be deducted from your deposit before it is credited to your account.

Keep note: Lightning network deposits are truly fast as a lightning Wink

Besides bitcoin lightning deposits, coinswitch exchange to and from Bitcoin is available again!
legendary
Activity: 2030
Merit: 1189



The latest Challenge of Today brought to you by this casino. For more info follow the tweet details or follow this link (https://bitcointalksearch.org/topic/cryptogames-daily-quest-tuesday-november-10th-slot-5287832).

Enjoy the Slot Challenge.
hero member
Activity: 3010
Merit: 794
A nice hit from finalLaugh on just betting out 1.7k sats..Well played!


LTC Lottery ends in 18 hours.

First place
0.804 LTC

Second place
0.151 LTC

Third place
0.050 LTC
legendary
Activity: 2310
Merit: 1422
I am a fan of the 50% theory too. I remember when I had a losing streak of 15 while betting at ~70%: one might think that's impossible while it actually is, otherwise, casinos would be already bankrupted. Also, I lost several 97% chance bets so most of the time it really feels like it's either you win or you lose regardless of the chance. Every bet result, under provably fair conditions, is sort of unique.
legendary
Activity: 2030
Merit: 1189

May I refer you to this post Wink

Even though their username shows [hidden], it's the same player.. So they already had 4 hits (in 8,060 bets) before these two hits mentioned by @stomachgrowls Wink

Oh great, that is quite some streak. Considering Crypto.Games has only 0.8% house edge, it is one of the best choice if someone wants to chase high roll by making large number of auto-bets of small amount.

There's a school of thought which states that no matter the odds, probability of every event is 50%. It will either happen or it won't. So the probability of hitting 99.99 is equal to hitting 51-99.99 because the roll result is a single number which either would be your choice or it won't (binary world -eh).

Quote
Going by this school of thought, betting in smaller fractions and larger number of bets would actually increase the chance of winning than betting in large fractions and smaller number of bets because all you need is single win before the total bankroll expires in order to make the profit. So smaller the bet size, more chances you will get to hit a single win.

If you think about it, it makes sense. By increasing the spread of bets with small amounts you increase that 50:50 odds more and more in your favour to win. SO there is a good strategy if you have the time to do this rather than spend your pot on one large bet. Crypto.Games with 0.8% house edge and others with a similarly low house edge are a good place to start testing this. Even if it turns out it doesn't work for you at least you know you gave it a go.

If you put this theory to test you'll learn more and more why other casinos aren't so generous with their house-edge, and if when looking at which casino to try out house edge wasn't a factor you checked for, now you get the basic understanding why it is relevant that you take it into consideration.
hero member
Activity: 3010
Merit: 794
Important Announcement: Delisting Stratis.

Due to the upcoming blockchain swap on Stratis, a switch from STRAT to a new asset called STRATX, CryptoGames sadly have made the decision to remove Stratis from the website.

You can read more about this matter: https://blog.crypto.games/2020/11/important-announcement-delisting-stratis.html
legendary
Activity: 2366
Merit: 1130

three years ago ? why so long , arent you not chasing for that payout anymore ? but why chase it when the chance of winning is low where you can always win on lower odds more often . the experience of wrong sides did happen to me alot and the worst is when im chasing the max multiplier , i could have also won if the dice fall on the right side . this was the main problem of a dice player but there is a crash and limbo game if your always annoyed of that wrong side because on crash and limbo the game only goes on one direction
chasing high multipler isn't easy. I also ever had that situation too when i looking for higher than xx, but it rolled lower than xx i looking for (i've used almost all my bankroll.on that time at 9900x multipler). But I believe if we can earn bigger profit if we chasing high multipler than low multipler, since our bankroll will bust immediately once our bet lose if chasing low multipler.
legendary
Activity: 2030
Merit: 1189
Check out these crazy blackjack bets!!! Some of the wagered amounts are in sane...

Do you expect the wagering and gambling in general to be reduced and people using other cryptos to gamble with now that BTC has gone over 14k?

full member
Activity: 958
Merit: 120
CryptoGames: Revamped Games, Multiple Coins
Another possibility is that the player chases, let's say, over 99.989 and the bet result happens to be under 0.010  Grin
That happened to me three years ago for example. Not only one has to go for the correct result (over/under) but also in the right direction!
Going back to the hidden user bets it would be nice to know the overall profit.

Overall profit of 0.44BTC:
https://crypto.games/player/crmx (changed nick from Creampie to crmx, as shown on their BetIDs which aren't set to hidden)

They placed some bigger bets on other games after winning, so total wager is not from the x9920 bets only Wink



First place prize on today's BTC lottery was won by player Joren. He won 0.072880 BTC while owning only 8 tickets (0.878% of total). Second and third place prizes went to Styfic99 and Penelope45. Congrat$!!

Next lottery round will be Ethereum Lottery round #232, which closes on Thursday November 5th at 7:30 UTC. 18 hours left to buy tickets.

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2nd place: 0.2133 ETH
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Almost forgot a nice 334,705,108 Playmoney (value 0.06694102 BTC; 926.73 USD) Jackpot hit from player Hardwell on roulette with bets of 1,480 Playmoney (30 satoshi value).

This is how roulette jackpot works (from the site's FAQ):



full member
Activity: 1638
Merit: 122
Another possibility is that the player chases, let's say, over 99.989 and the bet result happens to be under 0.010  Grin
That happened to me three years ago for example. Not only one has to go for the correct result (over/under) but also in the right direction!
Going back to the hidden user bets it would be nice to know the overall profit.
three years ago ? why so long , arent you not chasing for that payout anymore ? but why chase it when the chance of winning is low where you can always win on lower odds more often . the experience of wrong sides did happen to me alot and the worst is when im chasing the max multiplier , i could have also won if the dice fall on the right side . this was the main problem of a dice player but there is a crash and limbo game if your always annoyed of that wrong side because on crash and limbo the game only goes on one direction
legendary
Activity: 2310
Merit: 1422
Another possibility is that the player chases, let's say, over 99.989 and the bet result happens to be under 0.010  Grin
That happened to me three years ago for example. Not only one has to go for the correct result (over/under) but also in the right direction!
Going back to the hidden user bets it would be nice to know the overall profit.
legendary
Activity: 1918
Merit: 1728

May I refer you to this post Wink

Even though their username shows [hidden], it's the same player.. So they already had 4 hits (in 8,060 bets) before these two hits mentioned by @stomachgrowls Wink

Oh great, that is quite some streak. Considering Crypto.Games has only 0.8% house edge, it is one of the best choice if someone wants to chase high roll by making large number of auto-bets of small amount.

There's a school of thought which states that no matter the odds, probability of every event is 50%. It will either happen or it won't. So the probability of hitting 99.99 is equal to hitting 51-99.99 because the roll result is a single number which either would be your choice or it won't (binary world -eh).

Going by this school of thought, betting in smaller fractions and larger number of bets would actually increase the chance of winning than betting in large fractions and smaller number of bets because all you need is single win before the total bankroll expires in order to make the profit. So smaller the bet size, more chances you will get to hit a single win.

However, I find this thought absurd in practical world due to the 'house edge' factor. But after seeing Creampie's winning streak, I am willing to try this too. Cheesy Since Crypto.Games has one of the lowest house edge out there, it maybe worth trying.
full member
Activity: 958
Merit: 120
CryptoGames: Revamped Games, Multiple Coins
What a nice hit from some Hidden players neither just a single person or different but
both bets do able to hit up 9920x in dice! Amazing..

Considering that the both bets are at the interval of 90 seconds and the minimum bet interval on Crypto.Games is 0.1 second, player had made 900 auto-bets of 0.00001516 BTC between the two winning bets.

Since, he was chasing 'over 99.989' or 'under 0.010', his win-return is 9920x. As he hit 9920x twice in the interval of 900 bets, he is in the profit of = 0.30074408 - 0.013644 = + 2104.22%.

So after making the second bet, he still had the spread of 9,468 more bets (assuming he made 9,469 bets before the first bet) to hit another 9920x and still be in profit if he missed to do so!! Really impressive!!

May I refer you to this post Wink

Even though their username shows [hidden], it's the same player.. So they already had 4 hits (in 8,060 bets) before these two hits mentioned by @stomachgrowls Wink



Get ready for Bitcoin Lotto round #524, which will close in approx 8 hours!

Current prizes:
1st place:  0.071840 BTC
2nd place: 0.013470 BTC
3rd place: 0.004490 BTC

Total tickets bought so far: 898
Price per ticket: 0.0001 BTC

The more tickets players buy, the bigger the prize pool! 100% of raised funds goes to winners: 1st place gets 80%, second place 15% and third place 5%.


Catch the winning spirit!
legendary
Activity: 1918
Merit: 1728
What a nice hit from some Hidden players neither just a single person or different but
both bets do able to hit up 9920x in dice! Amazing..

Considering that the both bets are at the interval of 90 seconds and the minimum bet interval on Crypto.Games is 0.1 second, player had made 900 auto-bets of 0.00001516 BTC between the two winning bets.

Since, he was chasing 'over 99.989' or 'under 0.010', his win-return is 9920x. As he hit 9920x twice in the interval of 900 bets, he is in the profit of = 0.30074408 - 0.013644 = + 2104.22%.

So after making the second bet, he still had the spread of 9,468 more bets (assuming he made 9,469 bets before the first bet) to hit another 9920x and still be in profit if he missed to do so!! Really impressive!!
hero member
Activity: 3010
Merit: 794
What a nice hit from some Hidden players neither just a single person or different but
both bets do able to hit up 9920x in dice! Amazing..
copper member
Activity: 383
Merit: 54
www.Crypto.Games: Multiple coins, multiple games
Litecoin Lottery round #174 will close tomorrow, November 3rd at 7:30 UTC.

Current prizes:
1st place: 8.548 LTC
2nd place: 1.603 LTC
3rd place: 0.534 LTC


Total tickets bought so far: 2,137
Price per ticket: 0.005 LTC


Current top 3 ticket owners:

StupidBetsBJ with 601 tickets (28.1235% chance)
Osijek with 501 tickets (23.4441% chance)
Sirtas with 200 tickets (9.3589% chance)


Still more than 17 hours left to buy tickets Wink


Also, schedule for this week's daily and weekend challenges can be found on this page: https://crypto.games/promotions.




Catch the winning spirit!
copper member
Activity: 383
Merit: 54
www.Crypto.Games: Multiple coins, multiple games
Winners of last month's contest have received their rewards. Rankings can be found on our website (your account > contests > past month winners)


Contest of November has started already:

legendary
Activity: 2030
Merit: 1189
Stuck in for this Halloween and you don't know how to keep yourself entertained?
Check out the latest promotion set by this casino... For more details, follow the Tweet (here). Enjoy  Smiley

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