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Topic: ⭐ Crypto.Games ⭐ 0.8% House Edge on Dice ⭐ Largest wagering contest...ever ⭐ - page 93. (Read 346455 times)

sr. member
Activity: 974
Merit: 264
Catch the winning spirit!
Wagering contest ongoing! Currently SuperStar leads Bitcoin contest with over 1,049 BTC wagered. A good second place for player maxownage01 with 236 BTC wagered with a estimated reward of 0.449 BTC, which is only 0.15 BTC away from 0.6 BTC max reward for 2nd place!

Player ILoveLTC leads LTC contest and is very close to max reward of 15 LTC. He's currently at 14 LTC with over 6,500 LTC wagered. Check our websites for full rankings on all coins.
hero member
Activity: 3010
Merit: 794
Although he's still in profit with BCH, he lost a lot in BTC. That's why we should always play only with money we can afford to lose. I hope SuperStar can afford losing 15 BTC, although it's hard to believe that for someone over $150k can be a negligible amount. But the very fact that he/she had that amount proves that they can make it somehow. So, I'm personally impressed by SuperStar's abilities, and I wish them best of luck, both, in gambling and in their other activities.

All of us can hit a losing streak longer than expected, and what is important is to be ready for that.
Its always be on the same story.Gambling do only have 2 possibilities which either you profit or loss.Superstars journey with CG is amazing using up that very common martingale and able to recover his loss and able to reach up +16BTC but well gambling is gambling and who knows that tomorrow he might be lucky again and repeat the same lucky situation  Smiley
legendary
Activity: 3514
Merit: 2246
🌀 Cosmic Casino
SuperStar is going hard on the BTC bets, racking up some impressive wins.



How much longer can he keep it up?
He went from +16BTC to -15BTC right now  Sad

That's right, no one can win forever. Here's SuperStar's current stats:



Although he's still in profit with BCH, he lost a lot in BTC. That's why we should always play only with money we can afford to lose. I hope SuperStar can afford losing 15 BTC, although it's hard to believe that for someone over $150k can be a negligible amount. But the very fact that he/she had that amount proves that they can make it somehow. So, I'm personally impressed by SuperStar's abilities, and I wish them best of luck, both, in gambling and in their other activities.

All of us can hit a losing streak longer than expected, and what is important is to be ready for that.
newbie
Activity: 28
Merit: 0
SuperStar is going hard on the BTC bets, racking up some impressive wins.

https://i.imgur.com/MSjIZbb.png

How much longer can he keep it up?
He went from +16BTC to -15BTC right now  Sad
legendary
Activity: 2030
Merit: 1189
SuperStar is going hard on the BTC bets, racking up some impressive wins.



How much longer can he keep it up?
hero member
Activity: 3010
Merit: 794
Bitcoin Lottery round 388 ends approximately in 22h!

First place
0.013600 BTC

Second place
0.002550 BTC

Third place
0.000850 BTC

Total tickets (of all players)
170

Price per ticket
0.000100 BTC
hero member
Activity: 3010
Merit: 794

Can't believe the generosity of some of crypto-games' players, always making it rain in the chat!

I wonder if anybody will ever be able to take rainbot's spot at number 1?
No one would beat Rainbot in terms of number of tips sent yet this is on sites "Rainbot" literally.  Grin
legendary
Activity: 2030
Merit: 1189


Can't believe the generosity of some of crypto-games' players, always making it rain in the chat!

I wonder if anybody will ever be able to take rainbot's spot at number 1?
hero member
Activity: 3010
Merit: 794
Heres the winners of round 193 of Dogecoin Lottery.Gratz!



ETH Lottery round 163 ends in 15 hrs!

First place
0.1464 ETH

Second place
0.0274 ETH

Third place
0.0092 ETH

Total tickets (of all players)
122

Price per ticket
0.0015 ETH
copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
Does this mean that a user who's bet meets all the other criteria will receive 1% of the Jackpot regardless of whether he/she was betting with 101 Satoshis or 5001 Satoshis with 49.849% win chance?
That's correct. We had 0.1% (or even less...don't remember  Cheesy) of the jackpot but the rewards were really low, that's why we set it to minimum 1% of jackpot.
The first 5 jackpots were 0.1% rewards, the change came about a month after the jackpot was introduced (that's all the way back in July 2015) since then it's 1%.
The jackpot tab actually still lists all hits, so you can look it up there (although some of the bets are archived, so the details of the bet itself aren't available anymore, just the info about the jackpot hit).

Some more interesting jackpot stats:
The initial BTC jackpot balance was 0.3BTC. The amount was increased to 0.5BTC in celebration of the site anniversary in August 2015.
The highest percentage jackpot hit so far was WildTiger with a 80% hit (2.58BTC reward).
legendary
Activity: 2908
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
Dice jackpot is now 3.46 BTC!


I have a question about Jackpot. It is said on the site

Bet amount and profit have to be at least 0.00000100 BitCoin.
You will receive 100% of the Jackpot if win amount is above 0.0050 BitCoin. If win amounts is lower, you will receive a proportional share of the Jackpot with the minimum set to 1%.

If above 0.005 BTC -> 100%

then above 0.00005 BTC -> 1%, right?

Does this mean that a user who's bet meets all the other criteria will receive 1% of the Jackpot regardless of whether he/she was betting with 101 Satoshis or 5001 Satoshis with 49.849% win chance?

I mean, the difference is huge. Shouldn't that be taken into account?
That's correct. We had 0.1% (or even less...don't remember  Cheesy) of the jackpot but the rewards were really low, that's why we set it to minimum 1% of jackpot.
legendary
Activity: 3514
Merit: 2246
🌀 Cosmic Casino
Dice jackpot is now 3.46 BTC!


I have a question about Jackpot. It is said on the site

Bet amount and profit have to be at least 0.00000100 BitCoin.
You will receive 100% of the Jackpot if win amount is above 0.0050 BitCoin. If win amounts is lower, you will receive a proportional share of the Jackpot with the minimum set to 1%.

If above 0.005 BTC -> 100%

then above 0.00005 BTC -> 1%, right?

Does this mean that a user who's bet meets all the other criteria will receive 1% of the Jackpot regardless of whether he/she was betting with 101 Satoshis or 5001 Satoshis with 49.849% win chance?

I mean, the difference is huge. Shouldn't that be taken into account?
sr. member
Activity: 974
Merit: 264
Catch the winning spirit!
Dice jackpot is now 3.46 BTC!

SuperStar is now the player with most BTC wagered on Dice: 3,269.31 BTC in ~305,000 bets (average betsize: 0.0107 BTC).
hero member
Activity: 3010
Merit: 794
23 days left for this month but Superstar already got the Max reward.Congratulations. Wink
newbie
Activity: 28
Merit: 0
~
https://i.imgur.com/Tggz0sJ.png
when someone with just 0.169% of all tickets won almost 4 ETH. So I bought one ticket for the next round. Who knows, maybe lady luck will smile at me this time. )
This is the advantage on a provably fair lottery, any users with any amount of tickets has the chance to win a great amount of money. Indeed, the more tickets you have the higher chance you'll win something so spending some tickets is basically worth to try especially if the prizepool is so big compared to the amount you need to spend for the tickets.
Not only provably fair lottery but also this one had 0% House edge which you cant find in any gambling sites as of today.

I wasn't paying attention to this fact, but indeed the house edge of the lottery on Crypto-Games is zero. As it is explained on the site:
Quote
Payout:
100% of the money raised with ticket sales will be paid out to the three winners.

We can see that it is true by summing up all prizes

https://i.imgur.com/QRDdluW.png

0.0852 + 0.016 + 0.0053 = 0.1065

and comparing that to the money raised

0.0015 × 71 = 0.1065

Having one ticket already for the next ETH Lottery, I bought myself one for the BTC Lottery too with this new information. Smiley


It did even have a negative house edge (EV+) for several months in the past  Wink
legendary
Activity: 3514
Merit: 2246
🌀 Cosmic Casino
~

when someone with just 0.169% of all tickets won almost 4 ETH. So I bought one ticket for the next round. Who knows, maybe lady luck will smile at me this time. )
This is the advantage on a provably fair lottery, any users with any amount of tickets has the chance to win a great amount of money. Indeed, the more tickets you have the higher chance you'll win something so spending some tickets is basically worth to try especially if the prizepool is so big compared to the amount you need to spend for the tickets.
Not only provably fair lottery but also this one had 0% House edge which you cant find in any gambling sites as of today.

I wasn't paying attention to this fact, but indeed the house edge of the lottery on Crypto-Games is zero. As it is explained on the site:
Quote
Payout:
100% of the money raised with ticket sales will be paid out to the three winners.

We can see that it is true by summing up all prizes



0.0852 + 0.016 + 0.0053 = 0.1065

and comparing that to the money raised

0.0015 × 71 = 0.1065

Having one ticket already for the next ETH Lottery, I bought myself one for the BTC Lottery too with this new information. Smiley

legendary
Activity: 2030
Merit: 1189
Crazy to see that there are players that are literally hundreds of thousands of dollars in profit.

I doubt there are many other dice sites that has so many profitable players, must be why crypto-games.net is arguably the most popular dice site around.
newbie
Activity: 28
Merit: 0
Another good dice session from SuperStar who made it to over 16 BTC profit after losing some. This profit does not include his wagering contest prizes of more than 2 BTC over the months. And his estimated reward for July is already 0.59 BTC (270 BTC wagered this month so far) with more than 3 weeks left this month.. Roll Eyes Shocked

https://i.imgur.com/JrRSDhJ.png



For users who follow our lottery: this thread was created with detailed information about lottery results and upcoming lotteries. Hopefully we can get more users to play our lotto, since it's the only (or one of the few) lottery around with zero house edge. Wink



Catch the winning spirit!




What a baller, you mush really be super confident or have enough money to play with to be able to play with that kind of BTC especially in the current BTC trend market and he did get some profit  Shocked
Some people just have the guts to go for it.
The best part is that he keeps recovering after his losses ans he knows how to limit them... A very good gambler so far.
sr. member
Activity: 980
Merit: 260
Another good dice session from SuperStar who made it to over 16 BTC profit after losing some. This profit does not include his wagering contest prizes of more than 2 BTC over the months. And his estimated reward for July is already 0.59 BTC (270 BTC wagered this month so far) with more than 3 weeks left this month.. Roll Eyes Shocked





For users who follow our lottery: this thread was created with detailed information about lottery results and upcoming lotteries. Hopefully we can get more users to play our lotto, since it's the only (or one of the few) lottery around with zero house edge. Wink



Catch the winning spirit!




What a baller, you mush really be super confident or have enough money to play with to be able to play with that kind of BTC especially in the current BTC trend market and he did get some profit  Shocked
Some people just have the guts to go for it.
hero member
Activity: 3010
Merit: 794
Another good dice session from SuperStar who made it to over 16 BTC profit after losing some. This profit does not include his wagering contest prizes of more than 2 BTC over the months. And his estimated reward for July is already 0.59 BTC (270 BTC wagered this month so far) with more than 3 weeks left this month.. Roll Eyes Shocked
Still 5 days on this month of July and he's already half way for the max reward of the wagering competition. Shocked



when someone with just 0.169% of all tickets won almost 4 ETH. So I bought one ticket for the next round. Who knows, maybe lady luck will smile at me this time. )
This is the advantage on a provably fair lottery, any users with any amount of tickets has the chance to win a great amount of money. Indeed, the more tickets you have the higher chance you'll win something so spending some tickets is basically worth to try especially if the prizepool is so big compared to the amount you need to spend for the tickets.
Not only provably fair lottery but also this one had 0% House edge which you cant find in any gambling sites as of today.
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