Topic: Every dice investment diary. (Read 851 times)

Quote from: dooglus on May 31, 2014, 01:06:59 AM

[...] It closely relates to that "was there 28x 49.5% unlucky rounds in row" bet you have started in another thread. (My personal guess is it already happend more than once Cheesy

)

That's what I like about your just-dice - that user's are able to take such risks and take "share" of house.

do you have a link to that thread?

He's talking about this.

awesome! waiting to see the results of this bet.

Wait no longer...

a1choi

sr. member

Activity: 323

Merit: 254

Quote from: a1choi on May 30, 2014, 10:49:30 PM

Quote from: a1choi on May 30, 2014, 10:49:30 PM

[...] It closely relates to that "was there 28x 49.5% unlucky rounds in row" bet you have started in another thread. (My personal guess is it already happend more than once Cheesy

)

That's what I like about your just-dice - that user's are able to take such risks and take "share" of house.

do you have a link to that thread?

He's talking about this.

awesome! waiting to see the results of this bet.

dooglus

legendary

Activity: 2940

Merit: 1333

[...] It closely relates to that "was there 28x 49.5% unlucky rounds in row" bet you have started in another thread. (My personal guess is it already happend more than once Cheesy

)

That's what I like about your just-dice - that user's are able to take such risks and take "share" of house.

do you have a link to that thread?

He's talking about this.

a1choi

sr. member

Activity: 323

Merit: 254

Quote from: dooglus on May 30, 2014, 03:08:29 PM

Quote from: ondratra on May 30, 2014, 02:15:26 PM

Quote from: dooglus on May 30, 2014, 03:08:29 PM

Well it seems they have been hacked Wink

Because when playing in casino with understanding(= using) of Kelly's factor and house edge, their is higher chance you lose everything than that you double your initial 'chips'.

So profit 2500% and so is VERY UNLIKE without cheating!

But it is possible.
Remember nakova?

Sure, but probability of 1 player heaving supersupersuper lucky day tho days in row + another player having lucky day is under my treshold of believing it - i would do what every dice did - turn off the page (or better make it read only) and investigate where the breach could happen. The question is what to do when no breach is found Undecided

pitty situation that would be -> leading to throwing out the project

It is unlikely, but not super unlikely for a lucky player to destroy a site's bankroll. I tried warning the ED admin that his maximum bet was too high to be safe. I think they had a house edge of 0.99% and a max bet of 1% of their bankroll. That's asking for trouble. Bear in mind that nakowa's biggest play was after we had reduced the max profit from 1% of bankroll to 0.5%. It didn't stop him from winning.

Even now at Just-Dice.com, with the max profit being just 0.5% of the bankroll we still often see players 100x their initial deposit by being lucky. Most of them give it back eventually, but occasionally we'll get a player who knows when to stop withdrawing a massive profit.

Exactly as you say Wink

Formally we can even say that there is positive probability of player "destroying" casino (even very(!) small). By destroying I mean leaving it with non-significant value compared to original wealth. It closely relates to that "was there 28x 49.5% unlucky rounds in row" bet you have started in another thread. (My personal guess is it already happend more than once Cheesy

)

That's what I like about your just-dice - that user's are able to take such risks and take "share" of house.

do you have a link to that thread?

ondratra

sr. member

Activity: 350

Merit: 250

Quote from: ondratra on May 30, 2014, 02:15:26 PM

Quote from: ondratra on May 30, 2014, 02:15:26 PM

Well it seems they have been hacked Wink

Because when playing in casino with understanding(= using) of Kelly's factor and house edge, their is higher chance you lose everything than that you double your initial 'chips'.

So profit 2500% and so is VERY UNLIKE without cheating!

But it is possible.
Remember nakova?

Sure, but probability of 1 player heaving supersupersuper lucky day tho days in row + another player having lucky day is under my treshold of believing it - i would do what every dice did - turn off the page (or better make it read only) and investigate where the breach could happen. The question is what to do when no breach is found Undecided

pitty situation that would be -> leading to throwing out the project

It is unlikely, but not super unlikely for a lucky player to destroy a site's bankroll. I tried warning the ED admin that his maximum bet was too high to be safe. I think they had a house edge of 0.99% and a max bet of 1% of their bankroll. That's asking for trouble. Bear in mind that nakowa's biggest play was after we had reduced the max profit from 1% of bankroll to 0.5%. It didn't stop him from winning.

Even now at Just-Dice.com, with the max profit being just 0.5% of the bankroll we still often see players 100x their initial deposit by being lucky. Most of them give it back eventually, but occasionally we'll get a player who knows when to stop withdrawing a massive profit.

Exactly as you say Wink

Formally we can even say that there is positive probability of player "destroying" casino (even very(!) small). By destroying I mean leaving it with non-significant value compared to original wealth. It closely relates to that "was there 28x 49.5% unlucky rounds in row" bet you have started in another thread. (My personal guess is it already happend more than once Cheesy

)

That's what I like about your just-dice - that user's are able to take such risks and take "share" of house.

dooglus

legendary

Activity: 2940

Merit: 1333

Well it seems they have been hacked Wink

Because when playing in casino with understanding(= using) of Kelly's factor and house edge, their is higher chance you lose everything than that you double your initial 'chips'.

So profit 2500% and so is VERY UNLIKE without cheating!

But it is possible.
Remember nakova?

Sure, but probability of 1 player heaving supersupersuper lucky day tho days in row + another player having lucky day is under my treshold of believing it - i would do what every dice did - turn off the page (or better make it read only) and investigate where the breach could happen. The question is what to do when no breach is found Undecided

pitty situation that would be -> leading to throwing out the project

It is unlikely, but not super unlikely for a lucky player to destroy a site's bankroll. I tried warning the ED admin that his maximum bet was too high to be safe. I think they had a house edge of 0.99% and a max bet of 1% of their bankroll. That's asking for trouble. Bear in mind that nakowa's biggest play was after we had reduced the max profit from 1% of bankroll to 0.5%. It didn't stop him from winning.

Even now at Just-Dice.com, with the max profit being just 0.5% of the bankroll we still often see players 100x their initial deposit by being lucky. Most of them give it back eventually, but occasionally we'll get a player who knows when to stop withdrawing a massive profit.

ondratra

sr. member

Activity: 350

Merit: 250

Well it seems they have been hacked Wink

Because when playing in casino with understanding(= using) of Kelly's factor and house edge, their is higher chance you lose everything than that you double your initial 'chips'.

So profit 2500% and so is VERY UNLIKE without cheating!

But it is possible.
Remember nakova?

Sure, but probability of 1 player heaving supersupersuper lucky day tho days in row + another player having lucky day is under my treshold of believing it - i would do what every dice did - turn off the page (or better make it read only) and investigate where the breach could happen. The question is what to do when no breach is found Undecided

pitty situation that would be -> leading to throwing out the project

Holdaaja

legendary

Activity: 1274

Merit: 1000