Pages:
Author

Topic: Jackpotracer presents ★★★Dust Lottery★★★DUST to BTC★★★ - page 10. (Read 14671 times)

legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
guys the screenshot shows who was online in chat during the Jackpot hit. I will list all here and we have 0.13 for chat rain. as we want to be fair to all we give the rain pay outs to discussion. only users on the list are asked for their opinions. please refrain from posting here with your nice signatures but not have been in this list.

the list as seen on screenshot  ( winner and owners dont get rain )
11 users
asritajudin
losk22
libby515
gizane
L3gionario
raimon
mocha
hulkpanther
bitcoingg
dust
vavilon

please no impolite attacks and please give us your straight forward opinion how you would split the 0.13

we have our list presented in chat and we know our customers very well. we want to find a perfect and fair solution for future rains and maybe even heavy rains

thankx in advance for a fair and polite discussion





full member
Activity: 123
Merit: 100
Congratulations to CoolDad hitting the 6/6 Jackpot

YAY!
I won and all thanks to jpr =) and the dustlottery community for telling me being positive helps and it sure did.
Thanks dustlottery and a BIG thank you to JPR!! Wink
I really like the site after i went in a deep hole in bustabit lol.
It showed me hope
I hope this gambling website gets big in the future because it definitely deserves it.
legendary
Activity: 3500
Merit: 1354
Congratulations to CoolDad hitting the 6/6 Jackpot


Grats..finally another 6/6 hit. I was looking at his stats yeaterday, he got some 5/6 over the average imo and lucky him he got the 6/6.

member
Activity: 105
Merit: 10
congrats CoolDad.. just said u where going to hit and u did lol... congrats again
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
Congratulations to CoolDad hitting the 6/6 Jackpot

legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
Nice website, im still learning how to play this, i always lose why is that?
anyway ill just spectate and try to learn.

thank you for the kind words. this is a lottery and saying that means you will lose most of the time till you hit 6/6 like in a state lottery. a state lottery drawings are 2 times a week but our drawings are 2 times a second Smiley

you are very welcome to be a spectator but why not take our 1000 free bets (daily) promo to win 0.8? no risk involved



good luck
full member
Activity: 205
Merit: 100
Nice website, im still learning how to play this, i always lose why is that?
anyway ill just spectate and try to learn.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
Contest > 2nd day Stats

3 users have right now a very good chance to win this Contest

don't forget that each 5/6 counts as 10 points

legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed


Congratulations to gizane hitting our 10 Sat Bonus Jackpot

legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
Contest LeaderBoard after only ~20 hours and one can easily see that min 100k bets was very low and can be done in 24 hours easily

legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed

★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★
All Bets on all Moneypot apps are eligible to participate
(not only JackpotRacer apps)
★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★




legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
Be smart and claim the 1000 Daily Free Bets 10 Satoshi each Bet to win 0.8 BTC

legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
Hey JPR, Im going to speak extremely blunt here, because I respect you as a site admin.

You're derailing your own thread and making yourself look (a) like a fool and (b) guilty by avoiding the question that was mathematically presented to you regarding your House Edge percentage. You change the subject and keep directing the conversation to the "sig farming" or spamming or whatever, but what you fail to realize is that YOU are the one initiating a negative response from the person you are targeting your silly (and yes, from a third party unbiased perspective, they're very silly) accusations to. Stop acting so childish, man. You're trying to redirect the conversation, but, like I said earlier, it makes you look guilty by doing so.

I've never had anything mean to say to you, so I never have thus far, but I hope you don't take this as an attack; it's simply an observation and an opinion that I've formed for myself over the past few dozen posts. DarkDays has asked you a valid question regarding your HE, but you have yet to address it.

I'm curious, as well. He presented a logical argument, and you've responded with silly childish accusations. For any 3rd party bystander watching your thread, it looks as if you've been backed into a corner, and are trying to misdirect the conversation by attacking the person that asked the logical question. In turn, that makes you look guilty, and personally (and you know I have nothing against you), I have lost a bit of respect for you in the last couple of posts.

As a player on your site, I understand the terms going in as stated in your threads, and I have no problems with splitting my jackpot with you if I win, especially when coming from one of your promos, and we've already discussed in your chat that I would send you some more to make it rain even more for your chatters.

But come on, man, act like an adult please and at least save some face and address DarkDay's concerns about your house edge instead of continually redirecting the conversation. Cheers!

would be interested to know if you leave this posting as it is? thx
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed



only today the next 5/6 winner until GMT 10:00pm
gets a Prize of 0.01 or 100 RBIES

legendary
Activity: 2198
Merit: 1014
Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
Maybe not all users are familiar with your terms so I will quote them here.
It looks like stealing from players.

At the top on house edge of 9.22% they will take additional 30% from your win.

Quote
Q.: How much do you pay out of 100%?
A.: We pay out approximate ~ 75 % (most lotteries are paying 40-60%)

For example winorgohome won 5.25BTC and he was paid only 4BTC and 0.5 was split among users so they put 0.75BTC into their pockets.

it looks you want to get rid again of your signature like last time when you deleted your posting but it was to late Grin Grin Grin
I also would suggest that you go back to school and take some maths lessons again  Grin but I am sure it will not help because your brain is damaged


lets see how long your signature manager will let you run around with their signature. you are a crying shame.



Calculation by ndnhc

Odds of getting 6/6 => 6/49 x 5/48 x 4/47 x 3/46 x 2/45 x 1/44 (copy pasted Grin) = 1/13983816
(confirmed from the site)
Payout => 10,000,000 times

Odds of getting 5/6 => 6/49 x 5/48 x 4/47 x 3/46 x 2/45 = 1/317814
Payout => 1,500 times (or is it ~75% of that?)

Odds of getting 4/6 => 6/49 x 5/48 x 4/47 x 3/46 = 1/14125
Payout => 125 times


1/13,983,816 * 10,000,000 + 1/317814 * 1500 + 1/14125 * 125 + 0 = 72.86%


Return to Player : 72.86%
Distributed in chat : 7.286%

Affiliate (if n/a to house) : 5.8288%
House : 14.0252%




Most users are not familiar with HE,odds and T&C before they start playing.
hero member
Activity: 882
Merit: 976
Hey JPR, Im going to speak extremely blunt here, because I respect you as a site admin.

You're derailing your own thread and making yourself look (a) like a fool and (b) guilty by avoiding the question that was mathematically presented to you regarding your House Edge percentage. You change the subject and keep directing the conversation to the "sig farming" or spamming or whatever, but what you fail to realize is that YOU are the one initiating a negative response from the person you are targeting your silly (and yes, from a third party unbiased perspective, they're very silly) accusations to. Stop acting so childish, man. You're trying to redirect the conversation, but, like I said earlier, it makes you look guilty by doing so.

I've never had anything mean to say to you, so I never have thus far, but I hope you don't take this as an attack; it's simply an observation and an opinion that I've formed for myself over the past few dozen posts. DarkDays has asked you a valid question regarding your HE, but you have yet to address it.

I'm curious, as well. He presented a logical argument, and you've responded with silly childish accusations. For any 3rd party bystander watching your thread, it looks as if you've been backed into a corner, and are trying to misdirect the conversation by attacking the person that asked the logical question. In turn, that makes you look guilty, and personally (and you know I have nothing against you), I have lost a bit of respect for you in the last couple of posts.

As a player on your site, I understand the terms going in as stated in your threads, and I have no problems with splitting my jackpot with you if I win, especially when coming from one of your promos, and we've already discussed in your chat that I would send you some more to make it rain even more for your chatters.

But come on, man, act like an adult please and at least save some face and address DarkDay's concerns about your house edge instead of continually redirecting the conversation. Cheers!
legendary
Activity: 2030
Merit: 1189
I don't follow.  Why am I a "farmer"?  How am I another user?  How am I "not doing my own maths"?  All I did was do my own math!  I clearly showed every piece of math I used, and openly asked people to point out if I did anything incorrectly.  When I noticed that I did, I corrected myself.  Why is this a bad thing?  

Because thats how JPR logic is, when he sees someone with signature then he would knock him down to say he is a sig farmer and while someone with legit question without any signature posts something bad about his site then it would be a an account farmer. The only things that he could take is positive post about his site and nothing else, its a shame how there are blatantly rude site operator here and moreover associated with MP

oh yea was waiting for you to show up here  Grin Grin Grin

Congrats on another BTC.0013 and another step closer to your 30 posts per month in the gambling section!

edit:
forgot a link https://bitcointalksearch.org/topic/m.12594543
and another interesting message for you
https://bitcointalksearch.org/topic/m.12915227

Not sure how selling an account in the past makes me a "farmer" or how any of that makes me another user on this board, but whatever nonsense you have to tell yourself to satiate your ego. 

But just to be clear, you do not disagree that your house edge is 27.89%, right?  Because logically, if I was wrong about that you'd have said that instead of making baseless attacks and spending hours combing through my post history.  I showed all of the math I used so it's very easy for you or anyone else to point out an error. 

So please, continue to spew nonsense but let's all keep in mind the one thing that isn't nonsense: your house edge.  Which is 27.89%.

And I'll be honest with you.  I was going to leave it at that.  I read an interesting question about a site I've seen before, did some math, and posted my findings.  I like to do math, it's fun.  So your house edge is enormous, maybe people like giving you money I don't know.  But now that you've reacted so insanely and personally, you've forced me to look even deeper.  What are you hiding?

Remember: you did this

So we know that your house edge is 27.89%.  That means that if 6.99BTC is wagered, 5.04BTC will be returned.  So logically, the 1.95BTC that is lost by the player is split between you and MP.  That's how the arrangement works, right?  Oh no but wait.  On the MP page for your site, it says the "expected profit" is 9.27%.  That means that with the risk the bets made on your site are giving to them, they expect to have a 9.27% house edge.  So...if MP thinks they are getting 9.27% (which will be split with you), but the bets are ACTUALLY carrying an edge of 27.89%...where does the other 18.62% worth of house edge go?  Well on the site it says "We will split 0.1 of each BTC won by a user in equal parts to all users and Mods in chat when the Jackpot/Prize is hit".  So, with the 4BTC prize won with the 50sat bet, that means that .4BTC was rained out. 

So, 6.99BTC was wagered.  5.04BTC was returned from 4/6, 5/6, and 6/6 wins.  .4BTC was rained out.  So, MP thinks that on the 6.99BTC wagered, their profit is .647973BTC.  That's what they make from the house edge generated from the bets.  So after 5.04BTC is paid out from the lotto hits, .4BTC is rained out and .647973BTC is raked by MP...that leaves .902027BTC.  Where does that money go?  That's 12.9% of the overall amount bet!

Well let's see what the FAQs says:

"Q.: I bet 10 Satoshi and I win ~1.2585 BTC but get only 1 BTC. Why that?
A.: We pay out ~72% (all Lotteries pay out 40-60%)! We pay Affiliates, Chat Rain and we take a part for Promotions and costs etc."

Oh.  So, ok, we've covered "chat rain", what about "affiliates"?  Says on your site that "Each time a referral of yours wins the Jackpot, you will get a 8% commission (or 0.08 for each BTC won) of the reward amount."  And there's a nice chart showing that on a 50sat jackpot win, the affiliate will get .4BTC.  But wait, it also says "Please note that we will always deduct the 8% commission (or 0.08 for each BTC won) from the winner's Jackpot to pay the affiliate, even if the winner was not referred by an affiliate. The reason for this is that we want to give the affiliates a fair deal, and hinder players who were referred to us by an affiliate who choose to circumvent the affiliate link when opening their own account to avoid the affiliate payments. And yes, we will keep the 10% commission in case the winner was not referred to us".

So, best case scenario, you are taking an extra 7.18% house edge for yourself that MP doesn't know about.  But, in a lot of cases you are taking a full 12.9% extra house edge for yourself...that MP doesn't know about.  That's in addition to the 5.72% extra house edge that you rain out...that MP doesn't know about.

Seems like something that MP should know about. 
Pages:
Jump to: