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Topic: Gambling sites' max payout - page 3. (Read 1754 times)

legendary
Activity: 966
Merit: 1000
July 20, 2015, 03:22:31 PM
#5
it depends if they have from 0.00-99.99 or more numbers so if they have more numbers its harder to get and by that needs to be higher payout.
its about their dice script.
regards.
-Katerniko1
legendary
Activity: 3808
Merit: 1723
July 20, 2015, 03:00:14 PM
#4
I think its because when people bet using 9900x they are usually using bots and slowing down the server. SO when you have a 64000x max bet when you are obviously not going to hit the jack pot soon. Probably to elimiate the people who code bots.
legendary
Activity: 1463
Merit: 1886
July 20, 2015, 08:24:59 AM
#3
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
hero member
Activity: 602
Merit: 500
In math we trust.
July 20, 2015, 08:19:27 AM
#2
It depends on their bankroll.
If they have a small bankroll, having a high max payout is risky for them as they
could loose most of their bankroll. This is why now many site have a max profit instead of a max payout.
sr. member
Activity: 392
Merit: 250
July 20, 2015, 08:15:56 AM
#1
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?
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