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Topic: ⭐ Crypto.Games ⭐ 0.8% House Edge on Dice ⭐ Largest wagering contest...ever ⭐ - page 50. (Read 346474 times)

full member
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CryptoGames: Revamped Games, Multiple Coins


Join Crypto-Games' folding@home team to fight COVID-19 and get rewarded. There's 0.5 BTC in prize pool. Wink

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sr. member
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crypto.games: #1 Gambling Site
~

Because he was placing flat bets.

Well, if that was the case, then he did win 23 times in a row with 33.066% win chance. Or, otherwise we would see some lost bets in the pictures above, right? You see, that's why I've been writing about it so much: 23 wins in a row with 33.066% win chance seems highly unlikely.

No, because the betsize itself is not qualified to show on high rolls, it's shown there because of the high profit. So if he places 50 of these bets, only the winning ones will pop up.


Oh, thank you very much for this explanation!

Now all the pieces of the puzzle are starting to fall into right places. Smiley

So, the size of the bet or the win amount must be higher than 0.02 BTC to appear in the HIGH ROLLS. Do I understand it correctly this time?

Correct.
legendary
Activity: 3514
Merit: 2246
🌀 Cosmic Casino
~

Because he was placing flat bets.

Well, if that was the case, then he did win 23 times in a row with 33.066% win chance. Or, otherwise we would see some lost bets in the pictures above, right? You see, that's why I've been writing about it so much: 23 wins in a row with 33.066% win chance seems highly unlikely.

No, because the betsize itself is not qualified to show on high rolls, it's shown there because of the high profit. So if he places 50 of these bets, only the winning ones will pop up.


Oh, thank you very much for this explanation!

Now all the pieces of the puzzle are starting to fall into right places. Smiley

So, the size of the bet or the win amount must be higher than 0.02 BTC to appear in the HIGH ROLLS. Do I understand it correctly this time?
legendary
Activity: 2198
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Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
Current top 7 players on LTC contest with 12 days to go:



Shahista is known high roller, hopefully he will hit maximum reward.
sr. member
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Catch the winning spirit!
Current top 7 players on LTC contest with 12 days to go:

full member
Activity: 965
Merit: 121
CryptoGames: Revamped Games, Multiple Coins
So I finally understood today that high rolls are actually based on the loss/win amount, not the size of the bet placed! That does explain why I didn't get in on some value losses that had otherwise entered earlier when I won at higher multiplier.

Hope you understand after reading this:


On High Rolls section (this is where the discussion really is about) 1. we show big profits regardless the bet size and 2. we show bets from a certain amount or above, regardless the outcome.
legendary
Activity: 3010
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Join the world-leading crypto sportsbook NOW!
So I finally understood today that high rolls are actually based on the loss/win amount, not the size of the bet placed! That does explain why I didn't get in on some value losses that had otherwise entered earlier when I won at higher multiplier.

P.S. Top 500 teams worldwide for the F@H project too. Well done guys. All my time collecting can't come close to the millions of points racked up in just the past weeks.
full member
Activity: 965
Merit: 121
CryptoGames: Revamped Games, Multiple Coins
~

Because he was placing flat bets.

Well, if that was the case, then he did win 23 times in a row with 33.066% win chance. Or, otherwise we would see some lost bets in the pictures above, right? You see, that's why I've been writing about it so much: 23 wins in a row with 33.066% win chance seems highly unlikely.

No, because the betsize itself is not qualified to show on high rolls, it's shown there because of the high profit. So if he places 50 of these bets, only the winning ones will pop up.

Such a diverse high roller leaderboard today  Wink



tmills is absolutely killing it on the 2x multiplier, there isn't even anybody else on the board!

It's even x3 multiplier, only profit is showing on the right. Meanwhile he wagered 236 BTC with an estimated reward of 0.473 BTC on Wagering Contest. He might be the first player this year to reach max reward of 1.5 BTC if he continues like this. =P
hero member
Activity: 3010
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Some nice wins for this day. Cool




12 days left for month wager contest and here's the rewards.

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legendary
Activity: 2030
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Such a diverse high roller leaderboard today  Wink



tmills is absolutely killing it on the 2x multiplier, there isn't even anybody else on the board!
hero member
Activity: 3010
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13 days left for the monthly wager contest and here's the current top ETH wagerers.
legendary
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Join the world-leading crypto sportsbook NOW!
Hmm, that really does look like someone won all that in a row since there IS no losing bet in that string of green.

Of course, he could be on a martingale where his max bet amount is precisely above the min for a high roll entry. Although,,, it's gotta some kind of probability to survive busting on your max bet 23 times in a row.
legendary
Activity: 2030
Merit: 1189
~

Because he was placing flat bets.

Well, if that was the case, then he did win 23 times in a row with 33.066% win chance. Or, otherwise we would see some lost bets in the pictures above, right? You see, that's why I've been writing about it so much: 23 wins in a row with 33.066% win chance seems highly unlikely.
Even if you think it is highly unlikely, just like we always tell to people who lose 10+ times in a row on martingale, each bet is individual to itself and independent from the others, which means the 23th bet he made, after 22 times hitting the correct one, is actually still 1/3 chance to win, it doesn't suddenly becomes even more impossible to hit it just because you managed to hit many corrects in a row. Normally we talk about this on losses and not wins, talking about it on wins does make it a bit interesting because we rarely ever see them come out like this, however as you can see if there are people who complain about losing too many times in a row, there is always a person who hits that many in a row as well, hell I don't remember last time I saw 23 times in a row lose on a 67% odd for example.

It really depends on when you make your prediction.

If somebody needs to win a 1/3 bet 10 times in a row, and you make your estimation before they start, then the odds of succeeding are 0.333^10 = approx 0.0000167%, or almost 1 in 60,000.

However, if they have already won 22 times in a row, then the odds of winning a 23rd time is 1/3, a 24th time is 1/9, a 25th time is 1/27 etc (when predicting before any bets are made).
sr. member
Activity: 1722
Merit: 300
~

Because he was placing flat bets.

Well, if that was the case, then he did win 23 times in a row with 33.066% win chance. Or, otherwise we would see some lost bets in the pictures above, right? You see, that's why I've been writing about it so much: 23 wins in a row with 33.066% win chance seems highly unlikely.
Even if you think it is highly unlikely, just like we always tell to people who lose 10+ times in a row on martingale, each bet is individual to itself and independent from the others, which means the 23th bet he made, after 22 times hitting the correct one, is actually still 1/3 chance to win, it doesn't suddenly becomes even more impossible to hit it just because you managed to hit many corrects in a row. Normally we talk about this on losses and not wins, talking about it on wins does make it a bit interesting because we rarely ever see them come out like this, however as you can see if there are people who complain about losing too many times in a row, there is always a person who hits that many in a row as well, hell I don't remember last time I saw 23 times in a row lose on a 67% odd for example.
legendary
Activity: 2030
Merit: 1189
Absolutely bonkers high roller board today! Almost a full sheet of green!

Congratulations to all the higher rollers who made it on the board in green today.



Special congratulations to the [Hidden] user, who racked up some incredible bets in Roulette, including one 0.8 LTC to 20.8 LTC bet!
hero member
Activity: 3010
Merit: 794
I have a question regarding the current situation with LiteCoin Jackpot on dice. It's written in the rules that "Maximum win amount per bet is: 100.00 LiteCoin". Now, the current Jackpot balance is 132+ LTC. Does this mean that even if all the criteria for receiving 100% of the Jackpot were met, a user would not receive 100%, because it would be higher than the maximum win amount per bet allowed by the rules?
legendary
Activity: 3514
Merit: 2246
🌀 Cosmic Casino
~

Because he was placing flat bets.

Well, if that was the case, then he did win 23 times in a row with 33.066% win chance. Or, otherwise we would see some lost bets in the pictures above, right? You see, that's why I've been writing about it so much: 23 wins in a row with 33.066% win chance seems highly unlikely.



I have a question regarding the current situation with LiteCoin Jackpot on dice. It's written in the rules that "Maximum win amount per bet is: 100.00 LiteCoin". Now, the current Jackpot balance is 132+ LTC. Does this mean that even if all the criteria for receiving 100% of the Jackpot were met, a user would not receive 100%, because it would be higher than the maximum win amount per bet allowed by the rules?
hero member
Activity: 3010
Merit: 794
ETH Lottery round 203 ends in 21 hrs!


First place
0.0996 ETH

Second place
0.0187 ETH

Third place
0.0062 ETH

Total tickets (of all players)
83

Price per ticket
0.0015 ETH
full member
Activity: 965
Merit: 121
CryptoGames: Revamped Games, Multiple Coins

Can someone explain, how can we get such picture. I'm lost tbh. Smiley
No, it isnt winning 23x win in a row... Im quoting the explanation into this one.


On High Rolls section (this is where the discussion really is about) we show big profits regardless the bet size and we show bets from a certain amount or above, regardless the outcome.



Yes, I'm aware of that. That's why I wrote

~normally, if we see such a picture on HIGH ROLLS, it means a player was martingaling, and only his higher wins appeared there. ~

But what I can't understand is how is that all the wins are identical? I understand that on HIGH ROLLS we can't see anything lower, but why there no amounts above? Was it a pure accident that tmills was always winning when reaching a certain bet amount, or had it something to do with limiting max bet size?

It  happened again, btw, yesterday:

http://Https://i.imgur.com/Tc4syST.png

The numbers are a bit different, but basically it's the same picture.

Because he was placing flat bets.
legendary
Activity: 3514
Merit: 2246
🌀 Cosmic Casino

Can someone explain, how can we get such picture. I'm lost tbh. Smiley
No, it isnt winning 23x win in a row... Im quoting the explanation into this one.


On High Rolls section (this is where the discussion really is about) we show big profits regardless the bet size and we show bets from a certain amount or above, regardless the outcome.



Yes, I'm aware of that. That's why I wrote

~normally, if we see such a picture on HIGH ROLLS, it means a player was martingaling, and only his higher wins appeared there. ~

But what I can't understand is how is that all the wins are identical? I understand that on HIGH ROLLS we can't see anything lower, but why there no amounts above? Was it a pure accident that tmills was always winning when reaching a certain bet amount, or had it something to do with limiting max bet size?

It  happened again, btw, yesterday:



The numbers are a bit different, but basically it's the same picture.
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