FLIPPOKER IS CLOSING! - page 9. | Bitcointalksearch.org

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

Quote from: FlipPoker on March 01, 2014, 02:21:41 PM

Now we are LIVE!
We apologize for the inconvenience before and we hope that our new version of FlipPoker will come in handy.

New features:
Multiplier calculated due to you and yours opponent holding cards.
Claim 100 Satoshi for free to play with from our Faucet once every hour.

Are you still lying about your house edge?

FlipPoker

full member

Activity: 136

Merit: 100

Now we are LIVE!
We apologize for the inconvenience before and we hope that our new version of FlipPoker will come in handy.

New features:
Multiplier calculated due to you and yours opponent holding cards.
Claim 100 Satoshi for free to play with from our Faucet once every hour.

FlipPoker

full member

Activity: 136

Merit: 100

It's been a while since any updates have been posted.

We haven't give up on this site, but we haven't got the time yet to sort this out due to still being in the process of setting up extra hardware. What we do have is a brand new method of calculating the statistics of our games that we think you will like.
Our last milestone is to fix the communication between our "hot wallet" and the site.

Best regards, FlipPoker.net

FlipPoker

full member

Activity: 136

Merit: 100

Quote from: FUR11 on February 03, 2014, 02:42:12 PM

Quote from: FlipPoker on February 03, 2014, 08:39:46 AM

The house edge would actually be from 4% up to (something) I need to calculate. But since I'm going to redo the whole multiplier process I will announce the real house edge when it's done.. 1-2 weeks.

This is in early development.. and we had a very bad "start" and I apologize for that. We want to earn the community's trust.. but I know that you guys are kinda sceptical at the moment. But we will do our best to get the game as fair as possible. So I'm glad we had this discussion because we will re-think the whole process. So I suggest no one deposits any coins yet until we have sorted this out. We don't want to be un-fair to our players.

We have learned by our mistakes.

Please edit your OP to include what you just put here. You don't know what your sites house edge is, but you know that it's higher then every other site in the market and you suggest that no one deposits.

Wouldn't you say now that everyone who DID deposit was lied to (since you had said that the house edge was 1%)? Why should anyone trust your site in the future with a history of being disingenuous?

I know it will be really hard to earn trust during these circumstances. But I willl do my best.

I have updated the first post and disabled deposits on the site. It's the only right thing to do until all of this have been resolved.

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

Quote from: FlipPoker on February 03, 2014, 08:39:46 AM

The house edge would actually be from 4% up to (something) I need to calculate. But since I'm going to redo the whole multiplier process I will announce the real house edge when it's done.. 1-2 weeks.

This is in early development.. and we had a very bad "start" and I apologize for that. We want to earn the community's trust.. but I know that you guys are kinda sceptical at the moment. But we will do our best to get the game as fair as possible. So I'm glad we had this discussion because we will re-think the whole process. So I suggest no one deposits any coins yet until we have sorted this out. We don't want to be un-fair to our players.

We have learned by our mistakes.

Please edit your OP to include what you just put here. You don't know what your sites house edge is, but you know that it's higher then every other site in the market and you suggest that no one deposits.

Wouldn't you say now that everyone who DID deposit was lied to (since you had said that the house edge was 1%)? Why should anyone trust your site in the future with a history of being disingenuous?

FlipPoker

full member

Activity: 136

Merit: 100

Quote from: FUR11 on February 03, 2014, 12:49:07 AM

Quote from: FlipPoker on February 02, 2014, 10:36:00 PM

Quote from: FUR11 on February 02, 2014, 10:07:35 PM

Quote from: FlipPoker on February 02, 2014, 09:25:34 PM

How did you calculate these values? Or did you just use an online odds calculator?..

I have already told you that the "house" got an 4.05% edge.. if the "house wins when it's a tie" didn't exist would result in that the house and the player would both have a 50% chance of winning. Because you never know what cards you or the house will get dealt. Both would have the same advantage.

By the way, I'm really aware of odds/pot-odds/outs and so on when it comes to poker.

Odds are static. They don't change. The odds I quoted are the odds of the hand. If you are "really aware of odds..." you should know this. Do you know this?

You "already told me" that the house got a 1% edge. The you posted an incredibly low sample size and said "um I think this means the house has a 4.05% edge".

I'm asking you again.

What is the provably fair house edge % on your site?

This is getting comical.

Yes, I made an mistake about the "house edge" because I was un-sure what that really was until I did some research about it. The house edge isn't some "static" value you just can set when it comes to this type of game on this site. It's something you need to benchmark to get a grip on, that's exactly what I did. If you would get your money returned if it were a tie the house edge would be 0%.

The edge is the advantage the house has over the players.. and the only advantage the house has over the players at the moment is when a hand got tied.
But if we take the multipliers too for an example.. if your multiplier is for an example 1.25x the edge would be much higher. Because you will risk more than you would win.

No, you are incorrect. I illustrated two examples where the house edge was over 20%. You admitted that you don't understand what house edge means. You've now made THREE different claims. That the house edge is 1%, that the house edge is 4.05%, and now that the house edge is 0% plus ties.

This is VERY basic math. Are you willing to state, definitively, what you claim your house edge is? I'll give you a hint...if you say a number under 20%, you are either lying or are talking out of your ass.

So, once again:

What

Is

The

House

Edge?

Don't you think that people who are risking real money on your site deserve to know this?

The house edge would actually be from 4% up to (something) I need to calculate. But since I'm going to redo the whole multiplier process I will announce the real house edge when it's done.. 1-2 weeks.

This is in early development.. and we had a very bad "start" and I apologize for that. We want to earn the community's trust.. but I know that you guys are kinda sceptical at the moment. But we will do our best to get the game as fair as possible. So I'm glad we had this discussion because we will re-think the whole process. So I suggest no one deposits any coins yet until we have sorted this out. We don't want to be un-fair to our players.

We have learned by our mistakes.

FlipPoker

full member

Activity: 136

Merit: 100

Quote from: bobolini on February 03, 2014, 12:16:17 AM

hey flippoker said u credityed me but nothing yet
17Y1V86ytQ3uwhK5NJHPHAU7w9oiguV4LW

Now your account have been credited, sorry for the misunderstanding.

Quote from: StinkyS4L on February 03, 2014, 12:09:57 AM

All that has been calculated at this time is that the "opponent" wins 4% more of the time than the player. If it's truly random then that number can and should fluctuate. Is the opponent the house or am I actually playing a hand against another player?

You're playing against the house and not another player.

Yes, so I don't really know what to say more about the "house edge". The edge will be different every single time a new game starts up.

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

Quote from: FlipPoker on February 02, 2014, 10:36:00 PM

Quote from: FUR11 on February 02, 2014, 10:07:35 PM

Quote from: FlipPoker on February 02, 2014, 09:25:34 PM

How did you calculate these values? Or did you just use an online odds calculator?..

I have already told you that the "house" got an 4.05% edge.. if the "house wins when it's a tie" didn't exist would result in that the house and the player would both have a 50% chance of winning. Because you never know what cards you or the house will get dealt. Both would have the same advantage.

By the way, I'm really aware of odds/pot-odds/outs and so on when it comes to poker.

Odds are static. They don't change. The odds I quoted are the odds of the hand. If you are "really aware of odds..." you should know this. Do you know this?

You "already told me" that the house got a 1% edge. The you posted an incredibly low sample size and said "um I think this means the house has a 4.05% edge".

I'm asking you again.

What is the provably fair house edge % on your site?

This is getting comical.

Yes, I made an mistake about the "house edge" because I was un-sure what that really was until I did some research about it. The house edge isn't some "static" value you just can set when it comes to this type of game on this site. It's something you need to benchmark to get a grip on, that's exactly what I did. If you would get your money returned if it were a tie the house edge would be 0%.

The edge is the advantage the house has over the players.. and the only advantage the house has over the players at the moment is when a hand got tied.
But if we take the multipliers too for an example.. if your multiplier is for an example 1.25x the edge would be much higher. Because you will risk more than you would win.

No, you are incorrect. I illustrated two examples where the house edge was over 20%. You admitted that you don't understand what house edge means. You've now made THREE different claims. That the house edge is 1%, that the house edge is 4.05%, and now that the house edge is 0% plus ties.

This is VERY basic math. Are you willing to state, definitively, what you claim your house edge is? I'll give you a hint...if you say a number under 20%, you are either lying or are talking out of your ass.

So, once again:

What

Is

The

House

Edge?

Don't you think that people who are risking real money on your site deserve to know this?

bobolini

hero member

Activity: 566

Merit: 500

hey flippoker said u credityed me but nothing yet
17Y1V86ytQ3uwhK5NJHPHAU7w9oiguV4LW

StinkyS4L

sr. member

Activity: 300

Merit: 250

Quote from: FlipPoker on February 02, 2014, 10:36:00 PM

Quote from: FUR11 on February 02, 2014, 10:07:35 PM

Quote from: FlipPoker on February 02, 2014, 09:25:34 PM

How did you calculate these values? Or did you just use an online odds calculator?..

I have already told you that the "house" got an 4.05% edge.. if the "house wins when it's a tie" didn't exist would result in that the house and the player would both have a 50% chance of winning. Because you never know what cards you or the house will get dealt. Both would have the same advantage.

By the way, I'm really aware of odds/pot-odds/outs and so on when it comes to poker.

Odds are static. They don't change. The odds I quoted are the odds of the hand. If you are "really aware of odds..." you should know this. Do you know this?

You "already told me" that the house got a 1% edge. The you posted an incredibly low sample size and said "um I think this means the house has a 4.05% edge".

I'm asking you again.

What is the provably fair house edge % on your site?

This is getting comical.

Yes, I made an mistake about the "house edge" because I was un-sure what that really was until I did some research about it. The house edge isn't some "static" value you just can set when it comes to this type of game on this site. It's something you need to benchmark to get a grip on, that's exactly what I did. If you would get your money returned if it were a tie the house edge would be 0%.

The edge is the advantage the house has over the players.. and the only advantage the house has over the players at the moment is when a hand got tied.
But if we take the multipliers too for an example.. if your multiplier is for an example 1.25x the edge would be much higher. Because you will risk more than you would win.

All that has been calculated at this time is that the "opponent" wins 4% more of the time than the player. If it's truly random then that number can and should fluctuate. Is the opponent the house or am I actually playing a hand against another player?

StinkyS4L

sr. member

Activity: 300

Merit: 250

I'd like to give it a try

1NgCbKXV6L1VhiHqw1xfm2CqUFQEToz9qd

FlipPoker

full member

Activity: 136

Merit: 100

Quote from: FUR11 on February 02, 2014, 10:07:35 PM

Quote from: FlipPoker on February 02, 2014, 09:25:34 PM

How did you calculate these values? Or did you just use an online odds calculator?..

I have already told you that the "house" got an 4.05% edge.. if the "house wins when it's a tie" didn't exist would result in that the house and the player would both have a 50% chance of winning. Because you never know what cards you or the house will get dealt. Both would have the same advantage.

By the way, I'm really aware of odds/pot-odds/outs and so on when it comes to poker.

Odds are static. They don't change. The odds I quoted are the odds of the hand. If you are "really aware of odds..." you should know this. Do you know this?

You "already told me" that the house got a 1% edge. The you posted an incredibly low sample size and said "um I think this means the house has a 4.05% edge".

I'm asking you again.

What is the provably fair house edge % on your site?

This is getting comical.

Yes, I made an mistake about the "house edge" because I was un-sure what that really was until I did some research about it. The house edge isn't some "static" value you just can set when it comes to this type of game on this site. It's something you need to benchmark to get a grip on, that's exactly what I did. If you would get your money returned if it were a tie the house edge would be 0%.

The edge is the advantage the house has over the players.. and the only advantage the house has over the players at the moment is when a hand got tied.
But if we take the multipliers too for an example.. if your multiplier is for an example 1.25x the edge would be much higher. Because you will risk more than you would win.

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

Quote from: FlipPoker on February 02, 2014, 09:25:34 PM

How did you calculate these values? Or did you just use an online odds calculator?..

I have already told you that the "house" got an 4.05% edge.. if the "house wins when it's a tie" didn't exist would result in that the house and the player would both have a 50% chance of winning. Because you never know what cards you or the house will get dealt. Both would have the same advantage.

By the way, I'm really aware of odds/pot-odds/outs and so on when it comes to poker.

Odds are static. They don't change. The odds I quoted are the odds of the hand. If you are "really aware of odds..." you should know this. Do you know this?

You "already told me" that the house got a 1% edge. The you posted an incredibly low sample size and said "um I think this means the house has a 4.05% edge".

I'm asking you again.

What is the provably fair house edge % on your site?

This is getting comical.

FlipPoker

full member

Activity: 136

Merit: 100

Quote from: FUR11 on February 02, 2014, 08:21:00 PM

Quote from: FlipPoker on February 02, 2014, 08:14:09 PM

Quote from: FUR11 on February 02, 2014, 05:52:31 PM

Quote from: FlipPoker on February 02, 2014, 05:37:11 PM

Quote from: FUR11 on February 02, 2014, 04:34:25 PM

That's highly illogical. The low probability of a good multiplier directly correlates to the house edge. BECAUSE IT IS THE EDGE THAT IS RETAINED BY THE HOUSE!

I'm not saying I lose money so I'm salty, I'm saying that the math is showing that EVERYONE will lose money and at a rate that is far far higher then you claimed it was.

Again, I will ask you: what is the house edge? You MUST know it, because if it wasn't in your favor (for example, if the multiplier was coded in a way that you were losing money) you wouldn't put it up. Right? You wouldn't put a game up for real btc if it was losing you money, right? So since you know that it isn't losing you money, you must know at what rate it is making you money. You claimed that rate was 1%, but then you said that you didn't know what "house edge" meant. So I am asking you yet again...what is the house edge?

This is almost impossible to actually calculate.. but I did a try.

I benchmarked 11.371 played games.
Players won: 5.455 games.
Opponent won: 5.916 games.

After some calculations I got that the house edge were 4,05%.

Correct me if I'm wrong please.

It's not impossible to calculate, it's basic math. If the house edge is 4%, then a player who bets 1 should expect to recieve back .96. Is this accurate? Again, if the site was programmed in a way that you were losing money (EV wise) it wouldn't be live, right? So since you know that it isn't losing you money (EV wise), you must know how much money it is projected to make.

Well.. if you can provide me with a "mathematical formula" to calculate which hands who beat another hand you can post it here.. but it doesn't exist one!
For example if you want to calculate the "percent" between the starting hands A7 vs T9 you need to benchmark like 100.000 hands of that type to get a "feeling" about what the "chanses" are for A7 to beat T9.

And I don't really follow you about the "bets 1 should expect to receive back .96". So you mean if you bet 1 BTC on whatever multiplier there is you should get a 0.96 BTC return if you win? That doesn't add up..
Just take a look at http://satoshiaces.com/ for an example. If you bet 0.00000100 BTC at a 1.1x you will only get a profit of 0.00000009 BTC (after the fee's I suppose). That's exactly the same "method" I use on this site.

...what?

A7 vs T9 is 55.66%/44.03% in favor of A7 with a .31% to tie (which you grade as a loss). Are you saying that you don't understand poker odds?

So, here are the things that you don't understand: poker odds; house edge; basic math.

AGAIN I must ask: what is the house edge on your website? I know that you claim you don't know (which is insane since if you actually didn't know, you could have it programmed in a way that loses you money...which it clearly doesn't), so maybe find someone to do the math for you. It is VERY irresponsible for you to be accepting deposits and taking real btc bets when you can't answer and in fact are providing FALSE answers to basic questions about your site. At best you are operating under extreme neglect.

How did you calculate these values? Or did you just use an online odds calculator?..

I have already told you that the "house" got an 4.05% edge.. if the "house wins when it's a tie" didn't exist would result in that the house and the player would both have a 50% chance of winning. Because you never know what cards you or the house will get dealt. Both would have the same advantage.

By the way, I'm really aware of odds/pot-odds/outs and so on when it comes to poker.

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

Quote from: FlipPoker on February 02, 2014, 08:14:09 PM

Quote from: FUR11 on February 02, 2014, 05:52:31 PM

Quote from: FlipPoker on February 02, 2014, 05:37:11 PM

Quote from: FUR11 on February 02, 2014, 04:34:25 PM

That's highly illogical. The low probability of a good multiplier directly correlates to the house edge. BECAUSE IT IS THE EDGE THAT IS RETAINED BY THE HOUSE!

I'm not saying I lose money so I'm salty, I'm saying that the math is showing that EVERYONE will lose money and at a rate that is far far higher then you claimed it was.

Again, I will ask you: what is the house edge? You MUST know it, because if it wasn't in your favor (for example, if the multiplier was coded in a way that you were losing money) you wouldn't put it up. Right? You wouldn't put a game up for real btc if it was losing you money, right? So since you know that it isn't losing you money, you must know at what rate it is making you money. You claimed that rate was 1%, but then you said that you didn't know what "house edge" meant. So I am asking you yet again...what is the house edge?

This is almost impossible to actually calculate.. but I did a try.

I benchmarked 11.371 played games.
Players won: 5.455 games.
Opponent won: 5.916 games.

After some calculations I got that the house edge were 4,05%.

Correct me if I'm wrong please.

It's not impossible to calculate, it's basic math. If the house edge is 4%, then a player who bets 1 should expect to recieve back .96. Is this accurate? Again, if the site was programmed in a way that you were losing money (EV wise) it wouldn't be live, right? So since you know that it isn't losing you money (EV wise), you must know how much money it is projected to make.

Well.. if you can provide me with a "mathematical formula" to calculate which hands who beat another hand you can post it here.. but it doesn't exist one!
For example if you want to calculate the "percent" between the starting hands A7 vs T9 you need to benchmark like 100.000 hands of that type to get a "feeling" about what the "chanses" are for A7 to beat T9.

And I don't really follow you about the "bets 1 should expect to receive back .96". So you mean if you bet 1 BTC on whatever multiplier there is you should get a 0.96 BTC return if you win? That doesn't add up..
Just take a look at http://satoshiaces.com/ for an example. If you bet 0.00000100 BTC at a 1.1x you will only get a profit of 0.00000009 BTC (after the fee's I suppose). That's exactly the same "method" I use on this site.

...what?

A7 vs T9 is 55.66%/44.03% in favor of A7 with a .31% to tie (which you grade as a loss). Are you saying that you don't understand poker odds?

So, here are the things that you don't understand: poker odds; house edge; basic math.

AGAIN I must ask: what is the house edge on your website? I know that you claim you don't know (which is insane since if you actually didn't know, you could have it programmed in a way that loses you money...which it clearly doesn't), so maybe find someone to do the math for you. It is VERY irresponsible for you to be accepting deposits and taking real btc bets when you can't answer and in fact are providing FALSE answers to basic questions about your site. At best you are operating under extreme neglect.

FlipPoker

full member

Activity: 136

Merit: 100

Quote from: FUR11 on February 02, 2014, 05:52:31 PM

Quote from: FlipPoker on February 02, 2014, 05:37:11 PM

Quote from: FUR11 on February 02, 2014, 04:34:25 PM

That's highly illogical. The low probability of a good multiplier directly correlates to the house edge. BECAUSE IT IS THE EDGE THAT IS RETAINED BY THE HOUSE!

I'm not saying I lose money so I'm salty, I'm saying that the math is showing that EVERYONE will lose money and at a rate that is far far higher then you claimed it was.

Again, I will ask you: what is the house edge? You MUST know it, because if it wasn't in your favor (for example, if the multiplier was coded in a way that you were losing money) you wouldn't put it up. Right? You wouldn't put a game up for real btc if it was losing you money, right? So since you know that it isn't losing you money, you must know at what rate it is making you money. You claimed that rate was 1%, but then you said that you didn't know what "house edge" meant. So I am asking you yet again...what is the house edge?

This is almost impossible to actually calculate.. but I did a try.

I benchmarked 11.371 played games.
Players won: 5.455 games.
Opponent won: 5.916 games.

After some calculations I got that the house edge were 4,05%.

Correct me if I'm wrong please.

It's not impossible to calculate, it's basic math. If the house edge is 4%, then a player who bets 1 should expect to recieve back .96. Is this accurate? Again, if the site was programmed in a way that you were losing money (EV wise) it wouldn't be live, right? So since you know that it isn't losing you money (EV wise), you must know how much money it is projected to make.

Well.. if you can provide me with a "mathematical formula" to calculate which hands who beat another hand you can post it here.. but it doesn't exist one!
For example if you want to calculate the "percent" between the starting hands A7 vs T9 you need to benchmark like 100.000 hands of that type to get a "feeling" about what the "chanses" are for A7 to beat T9.

And I don't really follow you about the "bets 1 should expect to receive back .96". So you mean if you bet 1 BTC on whatever multiplier there is you should get a 0.96 BTC return if you win? That doesn't add up..
Just take a look at http://satoshiaces.com/ for an example. If you bet 0.00000100 BTC at a 1.1x you will only get a profit of 0.00000009 BTC (after the fee's I suppose). That's exactly the same "method" I use on this site.

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

Quote from: FlipPoker on February 02, 2014, 05:37:11 PM

Quote from: FUR11 on February 02, 2014, 04:34:25 PM

That's highly illogical. The low probability of a good multiplier directly correlates to the house edge. BECAUSE IT IS THE EDGE THAT IS RETAINED BY THE HOUSE!

I'm not saying I lose money so I'm salty, I'm saying that the math is showing that EVERYONE will lose money and at a rate that is far far higher then you claimed it was.

Again, I will ask you: what is the house edge? You MUST know it, because if it wasn't in your favor (for example, if the multiplier was coded in a way that you were losing money) you wouldn't put it up. Right? You wouldn't put a game up for real btc if it was losing you money, right? So since you know that it isn't losing you money, you must know at what rate it is making you money. You claimed that rate was 1%, but then you said that you didn't know what "house edge" meant. So I am asking you yet again...what is the house edge?

This is almost impossible to actually calculate.. but I did a try.

I benchmarked 11.371 played games.
Players won: 5.455 games.
Opponent won: 5.916 games.

After some calculations I got that the house edge were 4,05%.

Correct me if I'm wrong please.

It's not impossible to calculate, it's basic math. If the house edge is 4%, then a player who bets 1 should expect to recieve back .96. Is this accurate? Again, if the site was programmed in a way that you were losing money (EV wise) it wouldn't be live, right? So since you know that it isn't losing you money (EV wise), you must know how much money it is projected to make.

FlipPoker

full member

Activity: 136

Merit: 100

Quote from: FUR11 on February 02, 2014, 04:34:25 PM

That's highly illogical. The low probability of a good multiplier directly correlates to the house edge. BECAUSE IT IS THE EDGE THAT IS RETAINED BY THE HOUSE!

I'm not saying I lose money so I'm salty, I'm saying that the math is showing that EVERYONE will lose money and at a rate that is far far higher then you claimed it was.

Again, I will ask you: what is the house edge? You MUST know it, because if it wasn't in your favor (for example, if the multiplier was coded in a way that you were losing money) you wouldn't put it up. Right? You wouldn't put a game up for real btc if it was losing you money, right? So since you know that it isn't losing you money, you must know at what rate it is making you money. You claimed that rate was 1%, but then you said that you didn't know what "house edge" meant. So I am asking you yet again...what is the house edge?

This is almost impossible to actually calculate.. but I did a try.

I benchmarked 11.371 played games.
Players won: 5.455 games.
Opponent won: 5.916 games.

After some calculations I got that the house edge were 4,05%.

Correct me if I'm wrong please.

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

That's highly illogical. The low probability of a good multiplier directly correlates to the house edge. BECAUSE IT IS THE EDGE THAT IS RETAINED BY THE HOUSE!

I'm not saying I lose money so I'm salty, I'm saying that the math is showing that EVERYONE will lose money and at a rate that is far far higher then you claimed it was.

Again, I will ask you: what is the house edge? You MUST know it, because if it wasn't in your favor (for example, if the multiplier was coded in a way that you were losing money) you wouldn't put it up. Right? You wouldn't put a game up for real btc if it was losing you money, right? So since you know that it isn't losing you money, you must know at what rate it is making you money. You claimed that rate was 1%, but then you said that you didn't know what "house edge" meant. So I am asking you yet again...what is the house edge?

FlipPoker

full member

Activity: 136

Merit: 100

Quote from: FUR11 on February 02, 2014, 04:22:23 PM

Quote from: FlipPoker on February 02, 2014, 04:20:32 PM

Quote from: FUR11 on February 02, 2014, 04:14:07 PM

Quote from: FlipPoker on February 02, 2014, 03:56:40 PM

Multiplier
The calculation function works like this:

Quote

nr = rand(1 - 10)
IF nr > 8
rnum = rand(5 - 200)
ELSE
rnum = rand(5 - 50)

multiplier = (rnum / 100) + 1
round multiplier to 2 decimals.

Ok, so I guess it's not really hardcore programming, seems fairly straightforward so let's see if I have this correct.

You randomize a number between 1 and 10.

If the number is 1,2,3,4,5,6,7 or 8 (80% of the time), you randomize a number between 5 and 50, divide that number by 100, and then add 1 to it and that is the multiplier? So 80% of the time, the multiplier is between 1.05 and 1.5?

If the number is 9 or 10 (20% of the time), you randomize a number between 5 and 200, divide that number by 100, and then add 1 to it and that is the multiplier? So 20% of the time, the multiplier is between 1.05 and 3?

So knowing that, can't we get the average multiplier? 80% of the time it's an average of 1.275. 20% of the time, it's an average of 2.025. That means that, on average, the multiplier will be 1.425. Which means that you will be risking .0001 to win .0000425? Which means that on ALL hand that you have a 70% chance to win on or under (which is a VAST majority of poker hands preflop), you are losing money. It seems like the house edge on this would be MASSIVE, no?

Yes, you're totally right.

That's why I mentioned in that post that we're going to rewrite whole this process. So it's not randomized anymore.. that the multipliers will be calculated due what cards you and the opponent is holding. I'm not proud of how the multiplier function work right now either.

So are you admitting that the game is unfair to the player and that the house edge is far higher then the 1% you claimed it was?

The low probability of a good multiplier hasn't something to do with the "house edge". It's just a low multiplier.. it sounds like you mean: "If you click on the fold button you lose 0.00005 BTC and you refer that as a fee"?
The amount that players lost is supposed to cover the players who actually are winning. Only because you lost some cash at our site doesn't mean that these money drops down into our pockets.
We're only see the "fee's" that we charge as the sites "profit".

Topic: FLIPPOKER IS CLOSING! - page 9. (Read 17696 times)