Topic: e͏t͏h͏e͏r͏c͏r͏a͏s͏h.ισ | 0-1% house edge | ETH & BTC Accepted 🏅 - page 3. (Read 25486 times)

you better open a scam accusation in the corresponding thread :
https://bitcointalk.org/index.php?board=83.0
also provide some proofs , since a newbie account with no posts and no proofs claiming something looks suspicions to put it mildly
although I , personally would think twice if I wanted to deposit 1 eth to a relatively unknown site like this one

This site is super sketchy.

The owners just banned my IP for no reason at all, I just played 4 games, lost about 1 eth and they banned me

M1C4A3L and I would like to announce that between the 24/11 and the 25/11 we will be completing an update that will change the following:

Max Bet will be increased to 10 ETH (Up from 2 ETH)
Max Profit will be reduced to 1% of investor bankroll (Down from 2%)
Commission charged by the house will be 0.2% (Down from 0.25%)


We anticipate that there will be a small amount of downtime during this update, possibly up to 10 minutes.

If you have any questions please reach out to our team who will be happy to assist.

Thanks

Thanks a lot!

The support contact can be found on the ann thread on the 1st page. Here is the link: https://www.ethercrash.io/contact
Good luck!

Who I could contact about account recovery? Didn't get password recovery email, and can't find any support contacts on site. Thanks in advance.

3 times only? You should know that 3 times is a higher number it could be a large amount of money. We usually use those which edge is lower than others. Those who will take 3 time we must avoid them.

Looks like you mixed up the profit of investors (0.113% right now) and the practical house edge (1-99.690% = 0.310% right now). The difference is "only" three times.

I understand how original bustabit v1 concept works.

I didn't find link to faq page anywhere on game site 
Anyway, there are mistakes. For example, this one:
House edge is 0 at 1.00x, not at 1.01x.

Same bad as with faq page. Did not find link to this page anywhere on the site.

BaBv1 games is not your games. Other players played there with other tactics.
In the end, your margin does not correspond neither to practice, neither to theory, it is simply taken from your head. Since the edge of the house - the key point of gambling, it is unfair misrepresentation.

In addition, you can see for yourself that calculating of house edge on practical data is extremely stupid idea. After a few more large wins from players, will the house edge become negative? And you will tell this nonsense to users and investors?
House edge is between 0.5% to 1.5% according to cashout multiplier in case of getting average bonus (0.5%). End of story.

Again misleading graph which corresponds to the BaBv1, not to ethercrash.
Correct one (x-1)/(x-0.01)+0.5:

Sounds like you're missing some basic information about how our game operates.

If your goal is to actually understand how the game works, consider reading our FAQ as you can find the relevant points below in there. Also, if you're genuinely looking to understand how our game works and not just trolling, you can get answers to these kinds of questions pretty quickly on our onsite chat or Discord https://discord.gg/CKbvnD

That being said, our game is based on the original BustaBit V1 source code. Our crash points are generated using that same (provably fair) formula in which a scaled house edge is 'baked' into the crash points.  The key piece here is that that house changes based on what you cash out. Simply put, low multipliers have a lower house edge. The house edge (margin) is scaled between 0 (1.01x) and .99...%(~20x).

What we recently adjusted (https://www.ethercrash.io/changelog) and what is not the same as the original BaBv1, is the social bonus payout. As we've already cleared up your misunderstanding on that topic above, I won't go over that again, but what's relevant to clear up your misunderstanding about the margin (House Edge) is that there is an effective (and static) .5% margin/HE from our social bonus. 

So, with our social bonus adjustment to .5%, we can say that our House Edge (or margin) is scaled between .5% and 1.5% depending on when you cash out.

So why did we say .75% and not 1%? The reason for this is pretty simple. If you look at the realized HE for trusted BaBv1 games in the past (including BaBv1 itself) it comes in most often between .2-3%.  More importantly though, is what we've seen on our game though and in fact, after some recent very large wins from players, that number is actually only .11% right now. That is to say, the house edge that we've realized is actually much lower than .75%.

After we've played about 9 months worth of games with the new social bonus (assuming equal volume as the first 9) our realized social bonus should more clearly reflect the current game configuration.

Because we've not deviated at all from our original provabaly fair seed chain (and scaled house edge) we should not see much change in the HE or margin there (again, we expect that to come in between .2 and .3). So, if you average those you get .25%. Add that to the .5% from the social bonus to arrive at our estimated .75% HE/margin.

You understanding isn’t 100%

Previously the site had a dynamic house edge of 0% - 1% when the social bonus was 1%

After the social bonus was changed to 0.5% per round the dynamic house edge changed to 0.5% - 1.5%

The average is not calculated by (min + max / 2) but rather using previous betting data for the sample which ends up being a lot different

Possibly changing the wording Perchlorate has used might be of some help to avoid misunderstandings in future ?

Well, that's reasonable. But still there are great problems with margin.
So looks like 0.75% is an average house edge between previous average house edge (0.5%) and current average house edge (1%). Clever manipulation.

Yes, it is nearly instant. No problem what so ever.

The only problem is i am having that, no matter what system i try, the house always beating me

Ethercrash used to have a 1% social bonus prior to it being reduced to 0.5%

This is why the current stats reflect that the house has paid more than 0.5% out in bonuses.

Stats don't lie, You just didn't have all of the information at hand

Are you site's owner? Do you understand how it works? Do you understand what you are saying? That is complete bullshit. Big wins or big loses of players does not affect bonus in any way.
Let's look at instant-busted round. All players get 0% in bonuses. And let's look at normal round. All players get 0.5% of total wagered in bonuses. And now it is obvious that players receives from 0% to 0.5% of total wagered in bonuses. It's impossible for players to get more than 0.5% in bonuses. But your stats page says it's about 0.845%.

In the end, your stats page is bullshit. "Players won in bonuses: 9,232.68 ETH" - lie. "Players won in total: 1,088,749 ETH" - lie. "the current return to player is 99.698%" - lie. "0.75% average house edge" - lie.

We recently got a few big winners who won over 1700 ETH togheter, we have also switched to this higher house edge since just a few months (it used to be 0-1%)

So, players will get about 0.495% of the wagered amount in bonuses.
Won in bonuses: 0.845% of the wagered amount.
So how can it be that the actual value is so far from the mathematically calculated value?

If current return to player is 99.698%, then average house edge is 0.302%. So, again, what's about 0.75%?

Our house edge is dynamic, the current return to player is 99.698% , the way we have calculated the average was from the players betting history and cash out targets.