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Topic: Gambling sites' max payout - page 2. (Read 1725 times)

sr. member
Activity: 462
Merit: 250
July 22, 2015, 01:09:08 PM
#25
has anybody really get the max payout like the 9900x or 64000x in any sort of gambling dice?
yes if he know how to play Wink it's possible but it's so hard
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
July 22, 2015, 12:57:04 PM
#24
has anybody really get the max payout like the 9900x or 64000x in any sort of gambling dice?
hero member
Activity: 812
Merit: 1000
July 22, 2015, 09:55:23 AM
#23
Take for example this:
Rollin: You can bet Less than 1, which is Win percentage for 1%, and betting it you get a 99x, thats because there are no decimals
It's just depends on how many decimals they use.
If I would use like x.000000 I think I could offer like 999000x or something.
Yes but if you were planning on bigger payout you could just change the number of places. Looks like many people are misunderstanding my question, I meant to ask why limit max payout if you can just limit the max profit.

Because Max Profit is a derivative of Max Payout. Hence it is easier to use Max Payout as the limiting factor.
Yes I know that, but most websites do already have a max profit amount, so why limit the max payout then? If you win 10,000x at 0.3 at 20btc max profit , you would still get only 20btc . So what is the reason behind limiting the max payout cuz you do get the same amount limited by max profit even if you win big with a max [ayout.

A= Max Profit
B= Max Payout

Max profit is what a site can pay maximum on a bet and it depends on it's Bankroll. Max payout is the max multiplier a site can provide, both are necessary but if B is bigger than A then Payout is only made as far as A allows it, for anything below that, B is paid out. So they both have their own requirements.
legendary
Activity: 1946
Merit: 1137
July 21, 2015, 08:22:46 AM
#22
i have only seen the high multipliers on very small amounts. and most of them are using it on faucets.
especially the faucet farmers do this with very small amounts that they can get from faucets and then multiply it, so i think it doesn't matter how high it goes because nobody risks huge amounts of money on them.
legendary
Activity: 2436
Merit: 1804
guess who's back
July 21, 2015, 06:57:52 AM
#21
probably it's all about the bankroll and the max profit , technically having big payouts won't change the house edge and site's ownes will always have the edge
but maybe they don't want a catastrophe to happen when someone hits big
if it's about the numbers they can reprogram the site with 99.999 instead of 99.99 for example , so probably it's all about the bankroll and max profit
legendary
Activity: 1050
Merit: 1005
July 21, 2015, 06:46:31 AM
#20
Already because who bet more of 9900, generally use only a faucet of the dice and not real money, and spend more band of the dice
sr. member
Activity: 392
Merit: 250
July 21, 2015, 06:06:47 AM
#19
Take for example this:
Rollin: You can bet Less than 1, which is Win percentage for 1%, and betting it you get a 99x, thats because there are no decimals
It's just depends on how many decimals they use.
If I would use like x.000000 I think I could offer like 999000x or something.
Yes but if you were planning on bigger payout you could just change the number of places. Looks like many people are misunderstanding my question, I meant to ask why limit max payout if you can just limit the max profit.

Because Max Profit is a derivative of Max Payout. Hence it is easier to use Max Payout as the limiting factor.
Yes I know that, but most websites do already have a max profit amount, so why limit the max payout then? If you win 10,000x at 0.3 at 20btc max profit , you would still get only 20btc . So what is the reason behind limiting the max payout cuz you do get the same amount limited by max profit even if you win big with a max [ayout.
hero member
Activity: 616
Merit: 500
I AM A SCAMMER
July 21, 2015, 05:24:15 AM
#18
Take for example this:
Rollin: You can bet Less than 1, which is Win percentage for 1%, and betting it you get a 99x, thats because there are no decimals
It's just depends on how many decimals they use.
If I would use like x.000000 I think I could offer like 999000x or something.
Yes but if you were planning on bigger payout you could just change the number of places. Looks like many people are misunderstanding my question, I meant to ask why limit max payout if you can just limit the max profit.

Because Max Profit is a derivative of Max Payout. Hence it is easier to use Max Payout as the limiting factor.
sr. member
Activity: 392
Merit: 250
July 21, 2015, 05:03:21 AM
#17
Take for example this:
Rollin: You can bet Less than 1, which is Win percentage for 1%, and betting it you get a 99x, thats because there are no decimals
It's just depends on how many decimals they use.
If I would use like x.000000 I think I could offer like 999000x or something.
Yes but if you were planning on bigger payout you could just change the number of places. Looks like many people are misunderstanding my question, I meant to ask why limit max payout if you can just limit the max profit.
full member
Activity: 134
Merit: 100
July 21, 2015, 04:38:09 AM
#16
My question is clear and simple- Why do most dice sites have a max payout of 9900x while, satoshidice , being a dice site as well, has 64000x max payout?

It depends on their bankroll, maybe satoshidice playing  safe on maxpayout, so they dont want make any problem on payment,.. But even satoshidice have lower maxpayout than others site, now they have trouble on withdrawl and balance of they member, i read it on thread here, you can check it out..
full member
Activity: 168
Merit: 100
http://pachinko.games-bit.com/
July 21, 2015, 02:49:22 AM
#15
max payout always depends on the bankroll of their sites. More the bankroll more max payout you can offer to your players. Usually casinos have bankroll 10x or 20x to max payout but it depends casino to casino.
hero member
Activity: 560
Merit: 500
July 21, 2015, 02:27:23 AM
#14
My question is clear and simple- Why do most dice sites have a max payout of 9900x while, satoshidice , being a dice site as well, has 64000x max payout?

That was max money that dice site can cover for every bet you made... Its so simple like yours money that you can spend for betting, you must have a limit for each event that you can spend on it..
hero member
Activity: 1624
Merit: 645
July 21, 2015, 02:19:05 AM
#13
My question is clear and simple- Why do most dice sites have a max payout of 9900x while, satoshidice , being a dice site as well, has 64000x max payout?

Take a site like primedice, there's 10,000 discrete options  [0.00, 99.99] so the most risky bet is having a 1 in 10,000 chance of winning. With a house edge of 1%, that means the most you can win is 9900x

The more discrete options (i.e. values after the decimal) the more possible risky bet possible thus higher payout. I think JD for instance uses 4 digits after the decimal, which means the riskiest bet would be a 1-in-a-million, which would allow them to have a max payout of 990000x

On a side note, before you play on satoshidice, you might want to checkout the latest in their thread

Im pretty sure JD has the max payout set on like the 10% of their house bankroll or something along those lines, anyhow i doubt any site could afford to pay a 9900x win if you are betting high amounts of money which probably not a lot of people do.
legendary
Activity: 910
Merit: 1000
July 21, 2015, 02:15:46 AM
#12
My question is clear and simple- Why do most dice sites have a max payout of 9900x while, satoshidice , being a dice site as well, has 64000x max payout?

maybe it is  because nobody can even win that much , either with the odds or with the system being rigged (just a suspicion that's all)
you better check out their official Announcement page here (the last pages) before deciding anything

As a matter of fact, someone has won a 64000x bet on SD 2 years ago. That lucky man made a bet with 0.03 btc (https://blockchain.info/tx/d602ad09f967f11d50fcb2f98df8d001a812ce4965d6e69340f8961aeb32f27c) and received 1920 btc back (https://blockchain.info/tx/b18b84b383478d1df0e27db4eb1a7b0f15aea6b2243632e080a76ed8f8285df6).
full member
Activity: 224
Merit: 100
July 21, 2015, 01:45:27 AM
#11
Take for example this:
Rollin: You can bet Less than 1, which is Win percentage for 1%, and betting it you get a 99x, thats because there are no decimals
It's just depends on how many decimals they use.
If I would use like x.000000 I think I could offer like 999000x or something.

Simple and true, that is what I was trying to explain Smiley
legendary
Activity: 2254
Merit: 1140
July 21, 2015, 01:26:31 AM
#10
My question is clear and simple- Why do most dice sites have a max payout of 9900x while, satoshidice , being a dice site as well, has 64000x max payout?

maybe it is  because nobody can even win that much , either with the odds or with the system being rigged (just a suspicion that's all)
you better check out their official Announcement page here (the last pages) before deciding anything

How is that your suspicion when almost all dice sites are provably fair?   I know provably fair isn't perfect but no one is able to prove otherwise at any major dice sites or they would not still be in operation.
legendary
Activity: 2884
Merit: 1117
July 21, 2015, 01:25:29 AM
#9
Take for example this:
Rollin: You can bet Less than 1, which is Win percentage for 1%, and betting it you get a 99x, thats because there are no decimals
It's just depends on how many decimals they use.
If I would use like x.000000 I think I could offer like 999000x or something.
full member
Activity: 224
Merit: 100
July 21, 2015, 01:08:31 AM
#8
Because some sites have numbers from 0.01 to 100.00 and some like satoshidice have numbers from 2000-200,000 ( just example )
legendary
Activity: 3472
Merit: 10611
July 21, 2015, 12:47:44 AM
#7
My question is clear and simple- Why do most dice sites have a max payout of 9900x while, satoshidice , being a dice site as well, has 64000x max payout?

maybe it is  because nobody can even win that much , either with the odds or with the system being rigged (just a suspicion that's all)
you better check out their official Announcement page here (the last pages) before deciding anything
hero member
Activity: 854
Merit: 1000
July 20, 2015, 09:20:02 PM
#6
it's just the risk they want to take
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