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Topic: Dice Bot Challenge - page 3. (Read 3816 times)

legendary
Activity: 966
Merit: 1001
February 15, 2015, 02:31:05 PM
#5
The Challenge is to create a betting strategy that will last 1 million bets without crashing. Your starting balance is 0.05 BTC and will be run on a simulator using the primedice provably fair algorithm. The highest balance after 1 million bets, wins. Everybody will be using the same server seed and client seed. To enter post your strategy.

Example strategy:

Multiplier = 6x (Over 83.49)
base bet = 2 satoshi
after 3 losses double bet
after win return to base

Yes, but there has to be a "if" condition that tells the simulator to bet 0

Are bets of 0 considered acceptable?

Multiplier = 200; // win chance = 0.495%
base bet = 0.0005; // 1% of initial balance
if (balance > 0.05)
  base bet = 0; // stop betting after getting a win

I have 39.12% chance to get above 0.05 (up to 0.1495 if I win the first bet) and 60.88% to end up with 0 btc.
sr. member
Activity: 319
Merit: 250
February 15, 2015, 02:04:29 PM
#4
That strategy wouldn't crash but would have low balance compared to other strategies.

The Challenge is to create a betting strategy that will last 1 million bets without crashing. Your starting balance is 0.05 BTC and will be run on a simulator using the primedice provably fair algorithm. The highest balance after 1 million bets, wins. Everybody will be using the same server seed and client seed. To enter post your strategy.

Example strategy:

Multiplier = 6x (Over 83.49)
base bet = 2 satoshi
after 3 losses double bet
after win return to base

Maybe keep betting 1 satoshi at 1.1x and keep betting. You will lose one out of 10 on average and will have a lot of bets before you bust
sr. member
Activity: 319
Merit: 250
February 15, 2015, 02:03:34 PM
#3
Yes, but there has to be a "if" condition that tells the simulator to bet 0

Are bets of 0 considered acceptable?
full member
Activity: 168
Merit: 100
www.secondstrade.com - 190% return Binary option
February 15, 2015, 02:01:02 PM
#2
The Challenge is to create a betting strategy that will last 1 million bets without crashing. Your starting balance is 0.05 BTC and will be run on a simulator using the primedice provably fair algorithm. The highest balance after 1 million bets, wins. Everybody will be using the same server seed and client seed. To enter post your strategy.

Example strategy:

Multiplier = 6x (Over 83.49)
base bet = 2 satoshi
after 3 losses double bet
after win return to base

Maybe keep betting 1 satoshi at 1.1x and keep betting. You will lose one out of 10 on average and will have a lot of bets before you bust
sr. member
Activity: 319
Merit: 250
February 15, 2015, 01:55:46 PM
#1
The Challenge is to create a betting strategy that will last 1 million bets without crashing. Your starting balance is 0.05 BTC and will be run on a simulator using the primedice provably fair algorithm. The highest balance after 1 million bets, wins. Everybody will be using the same server seed and client seed. To enter post your strategy.

Example strategy:

Multiplier = 6x (Over 83.49)
base bet = 2 satoshi
after 3 losses double bet
after win return to base

The time limit on the contest is 2015-02-18 1pm GMT

Server seed will be the Merkle Root of the first BTC block after that time.

Client seed will be the Merkle Root of the next BTC block after that time.

The winner will be the one with the highest balance after 1 million bets without crashing.

What you win, knowledge of a system that works.


You just post your strategy and I will simulate your strategy with a starting balance of 0.05 btc using the server seed and client seed described in the first post.
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