Topic: Just-Dice.com : Invest in 1% House Edge Dice Game - page 82. (Read 435357 times)

It's out of order for slot machines in my opinion.

I imagine this is what slot machines do in all casinos.  They can't pay out more than they're holding, so they'll make the player lose until they're holding enough to pay out.  Unless they can pay out "IOUs" that you can cash in at the cage, idk.  But to rig a game calling itself "blackjack" in the same way seems out of order to me.

Hahaha I'm imagining a real casino doing that. For example you play Blackjack and the bank busts they say: Our funds our low! So for a while busting for the bank means BLACKJACK! I wonder how many people will continue to play at that table 

Those reports are anonymised and exist only so that investors can check that Just-Dice isn't running a fractional reserve operation.  Each week I list all the investment amounts and their sum.  Each investor is responsible for checking that I list their amount.  Then they can verify that the cold wallet does actually hold the amount it should.

If I omit any investor's amount then that's a cause for concern, since then I could be holding less coins than I should be.

It's really hard to work out what you're trying to say in your posts sometimes.  I get a general sense that you're angry and think the site is doing something wrong, but it's not clear to me what you think that is.  I mentioned in the JD chat that the rolls are provably fair, but you don't seem to understand what that means.  If there's anything I can help you with so you can fully understand how the site works, and how it is impossible for me it to cheat you, please do help me to help you.

If you're looking for a casino to be mad at, check out https://bitcointalksearch.org/topic/welcome-to-the-greatest-bitcoin-casino-on-earth-310561 - they have openly admitted that their games will deliberately make players lose when the casino's bankroll is too low.  When I asked how they can behave in such a way they locked the thread and opened a new one with is self moderated.  When I asked the same question in the new thread they just deleted my post.  Now there's a casino fully deserving of your insightful criticism.

You lost 3 out of 4 93% bets.  Each roll is effectively independent of all the others.  You have a 7% chance of losing each of them.

If you play only 4 times and lose 3 of them, that's pretty unlucky.  If you play enough times you're almost certain to have a run where you lose 3 out of 4.

I'm not really sure I understand the question, but does that answer it?

ASICSRUS you are doing it wrong.  This is the INVESTOR thread, they make money off your losing bets.  If you are going to make silly accusations here about how you think everyone is getting ripped off you need to post your winning streaks.  Post your losing streaks on the gambling thread.  Or better yet, just give it a rest.

NOT AT ALL THIS GUY IS RIPPING US OFF!! -->(SOMEONE TURN OUT THE LIGHTS)




whowhenbetidluckytargetbetpayoutprofit
 user: tricky (195102) date: 2013-10-18 15:27:32 betid: 187795443 lucky: 85.0943 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 15:23:09 betid: 187786079 lucky: 95.1735 target: <92.0000 bet: 0.00040000 payout: 1.07608696x profit: -0.00040000
 user: tricky (195102) date: 2013-10-18 15:20:34 betid: 187780529 lucky: 98.6602 target: <92.0000 bet: 0.00400000 payout: 1.07608696x profit: -0.00400000
 user: tricky (195102) date: 2013-10-18 15:20:23 betid: 187780176 lucky: 95.1976 target: <92.0000 bet: 0.00500000 payout: 1.07608696x profit: -0.00500000
 user: tricky (195102) date: 2013-10-18 15:20:19 betid: 187780028 lucky: 85.1341 target: <92.0000 bet: 0.00000500 payout: 1.07608696x profit: +0.00000038
 user: tricky (195102) date: 2013-10-18 15:20:16 betid: 187779953 lucky: 58.0454 target: <92.0000 bet: 0.00000500 payout: 1.07608696x profit: +0.00000038
 user: tricky (195102) date: 2013-10-18 15:20:15 betid: 187779894 lucky: 47.5645 target: <92.0000 bet: 0.00000500 payout: 1.07608696x profit: +0.00000038
 user: tricky (195102) date: 2013-10-18 15:20:04 betid: 187779547 lucky: 09.1306 target: <92.0000 bet: 0.00050000 payout: 1.07608696x profit: +0.00003804
 user: tricky (195102) date: 2013-10-18 15:20:02 betid: 187779457 lucky: 23.9781 target: <92.0000 bet: 0.00050000 payout: 1.07608696x profit: +0.00003804
 user: tricky (195102) date: 2013-10-18 15:19:58 betid: 187779318 lucky: 92.8239 target: <92.0000 bet: 0.00050000 payout: 1.07608696x profit: -0.00050000
 user: tricky (195102) date: 2013-10-18 15:19:52 betid: 187779091 lucky: 19.1380 target: <92.0000 bet: 0.00000077 payout: 1.07608696x profit: +0.00000005
 user: tricky (195102) date: 2013-10-18 15:19:47 betid: 187778908 lucky: 12.2507 target: <92.0000 bet: 0.00000077 payout: 1.07608696x profit: +0.00000005
 user: tricky (195102) date: 2013-10-18 15:19:46 betid: 187778873 lucky: 69.4774 target: <92.0000 bet: 0.00000077 payout: 1.07608696x profit: +0.00000005
 user: tricky (195102) date: 2013-10-18 15:19:45 betid: 187778807 lucky: 68.1120 target: <92.0000 bet: 0.00000077 payout: 1.07608696x profit: +0.00000005
 user: tricky (195102) date: 2013-10-18 15:19:44 betid: 187778757 lucky: 92.4719 target: <92.0000 bet: 0.00000077 payout: 1.07608696x profit: -0.0000007

It looks normal to me.

looks like just dice(ddogless) just got added to the scammer sh1t list!! >>
 

 user: tricky (195102) date: 2013-10-18 14:20:39 betid: 187653285 lucky: 88.2009 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 14:20:38 betid: 187653243 lucky: 72.3166 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 14:20:37 betid: 187653212 lucky: 59.4446 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 14:20:36 betid: 187653168 lucky: 44.4224 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: +0.00007368
 user: tricky (195102) date: 2013-10-18 14:20:35 betid: 187653130 lucky: 46.3485 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: +0.00007368
 user: tricky (195102) date: 2013-10-18 14:20:34 betid: 187653099 lucky: 92.2055 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 14:20:33 betid: 187653070 lucky: 78.2363 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 14:20:33 betid: 187653050 lucky: 66.8100 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 14:20:32 betid: 187653030 lucky: 55.2108 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: +0.00007368
 user: tricky (195102) date: 2013-10-18 14:20:32 betid: 187653007 lucky: 52.1730 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: +0.00007368
 user: tricky (195102) date: 2013-10-18 14:20:31 betid: 187652971 lucky: 68.1980 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 14:19:36 betid: 187650998 lucky: 69.8124 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 14:19:34 betid: 187650957 lucky: 68.3305 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 14:19:33 betid: 187650926 lucky: 63.1237 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 14:19:32 betid: 187650874 lucky: 14.4373 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: 0.00007368
 user: tricky (195102) date: 2013-10-18 14:19:31 betid: 187650815 lucky: 64.2583 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 14:19:28 betid: 187650734 lucky: 71.7847 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: -0.00010000
 user: tricky (195102) date: 2013-10-18 14:19:20 betid: 187650459 lucky: 62.5767 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: -0.00001000
 user: tricky (195102) date: 2013-10-18 14:19:19 betid: 187650436 lucky: 23.9179 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: 0.00000736
 user: tricky (195102) date: 2013-10-18 14:19:19 betid: 187650423 lucky: 70.9330 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: -0.00001000
 user: tricky (195102) date: 2013-10-18 14:19:18 betid: 187650395 lucky: 89.6619 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: -0.00001000
 user: tricky (195102) date: 2013-10-18 14:19:17 betid: 187650357 lucky: 61.6076 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: -0.00001000
 user: tricky (195102) date: 2013-10-18 14:19:16 betid: 187650322 lucky: 93.2372 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: -0.00001000
 user: tricky (195102) date: 2013-10-18 14:19:15 betid: 187650278 lucky: 92.8431 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: -0.00001000
 user: tricky (195102) date: 2013-10-18 14:19:13 betid: 187650239 lucky: 19.5568 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: 0.00000736
 user: tricky (195102) date: 2013-10-18 14:19:03 betid: 187649906 lucky: 36.7998 target: <57.0000 bet: 0.00010000 payout: 1.73684211x profit: 0.00007368
 user: tricky (195102) date: 2013-10-18 14:18:56 betid: 187649656 lucky: 18.3283 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: 0.00000736
 user: tricky (195102) date: 2013-10-18 14:18:55 betid: 187649596 lucky: 54.7422 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: 0.00000736
 user: tricky (195102) date: 2013-10-18 14:18:53 betid: 187649546 lucky: 64.2622 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: -0.00001000
 user: tricky (195102) date: 2013-10-18 14:18:52 betid: 187649512 lucky: 96.4651 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: -0.00001000
 user: tricky (195102) date: 2013-10-18 14:18:51 betid: 187649472 lucky: 63.8786 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: -0.00001000
 user: tricky (195102) date: 2013-10-18 14:18:50 betid: 187649435 lucky: 19.5895 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: 0.00000736
 user: tricky (195102) date: 2013-10-18 14:18:48 betid: 187649393 lucky: 09.4429 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: 0.00000736
 user: tricky (195102) date: 2013-10-18 14:18:47 betid: 187649350 lucky: 43.3890 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: 0.00000736
 user: tricky (195102) date: 2013-10-18 14:18:46 betid: 187649303 lucky: 45.3704 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: 0.00000736
 user: tricky (195102) date: 2013-10-18 14:18:45 betid: 187649275 lucky: 45.0288 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: 0.00000736
 user: tricky (195102) date: 2013-10-18 14:18:44 betid: 187649229 lucky: 74.5278 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: -0.00001000
 user: tricky (195102) date: 2013-10-18 14:18:42 betid: 187649169 lucky: 82.4316 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: -0.00001000
 user: tricky (195102) date: 2013-10-18 14:18:40 betid: 187649113 lucky: 56.0511 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: 0.00000736
 user: tricky (195102) date: 2013-10-18 14:18:39 betid: 187649081 lucky: 49.8170 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: 0.00000736
 user: tricky (195102) date: 2013-10-18 14:18:38 betid: 187649043 lucky: 42.9883 target: <57.0000 bet: 0.00001000 payout: 1.73684211x profit: 0.00000736
 user: tricky (195102) date: 2013-10-18 14:18:25 betid: 187648639 lucky: 51.4741 target: <57.0000 bet: 0.00007000 payout: 1.73684211x profit: 0.00005157
 user: tricky (195102) date: 2013-10-18 14:18:24 betid: 187648595 lucky: 34.0747 target: <57.0000 bet: 0.00007000 payout: 1.73684211x profit: 0.00005157
 user: tricky (195102) date: 2013-10-18 14:18:22 betid: 187648528 lucky: 53.0846 target: <57.0000 bet: 0.00007000 payout: 1.73684211x profit: 0.00005157
 user: tricky (195102) date: 2013-10-18 14:18:21 betid: 187648490 lucky: 60.8756 target: <57.0000 bet: 0.00007000 payout: 1.73684211x profit: -0.00007000
 user: tricky (195102) date: 2013-10-18 14:18:19 betid: 187648429 lucky: 01.3506 target: <57.0000 bet: 0.00007000 payout: 1.73684211x profit: 0.00005157
 user: tricky (195102) date: 2013-10-18 14:18:17 betid: 187648381 lucky: 77.7635 target: <57.0000 bet: 0.00007000 payout: 1.73684211x profit: -0.00007000
 user: tricky (195102) date: 2013-10-18 14:18:16 betid: 187648339 lucky: 24.1420 target: <57.0000 bet: 0.00007000 payout: 1.73684211x profit: 0.00005157
 user: tricky (195102) date: 2013-10-18 14:18:13 betid: 187648217 lucky: 79.1476 target: <57.0000 bet: 0.00007000 payout: 1.73684211x profit: -0.00007000
 user: tricky (195102) date: 2013-10-18 14:18:12 betid: 187648172 lucky: 06.3438 target: <57.0000 bet: 0.00007000 payout: 1.73684211x profit: 0.00005157
 user: tricky (195102) date: 2013-10-18 14:18:02 betid: 187647824 lucky: 21.1103 target: <57.0000 bet: 0.00000100 payout: 1.73684211x profit: 0.00000073
 user: tricky (195102) date: 2013-10-18 14:18:01 betid: 187647782 lucky: 43.0197 target: <57.0000 bet: 0.00000100 payout: 1.73684211x profit: 0.00000073
 user: tricky (195102) date: 2013-10-18 14:17:59 betid: 187647738 lucky: 87.0182 target: <57.0000 bet: 0.00000100 payout: 1.73684211x profit: -0.00000100
 user: tricky (195102) date: 2013-10-18 14:17:58 betid: 187647713 lucky: 66.4456 target: <57.0000 bet: 0.00000100 payout: 1.73684211x profit: -0.00000100
 user: tricky (195102) date: 2013-10-18 14:17:57 betid: 187647660 lucky: 83.8371 target: <57.0000 bet: 0.00000100 payout: 1.73684211x profit: -0.00000100
 user: tricky (195102) date: 2013-10-18 14:17:56 betid: 187647602 lucky: 71.0515 target: <57.0000

Probability of losing 3 out of 4 bets on 93% is ~0.13% or 1:784. Unlucky, but totally plausible.

Or do you believe that lottery winners cheat because the odds to win are so low?

hey doog , how is this possible @93%/!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!====>


 user: tricky (195102) date: 2013-10-18 14:00:25 betid: 187609786 lucky: 95.0435 target: <93.0000 bet: 0.00100000 payout: 1.06451613x profit: -0.00100000
 user: tricky (195102) date: 2013-10-18 14:00:21 betid: 187609624 lucky: 70.7651 target: <93.0000 bet: 0.00100000 payout: 1.06451613x profit: 0.00006451
 user: tricky (195102) date: 2013-10-18 13:59:18 betid: 187607384 lucky: 99.9785 target: <93.0000 bet: 0.00500000 payout: 1.06451613x profit: -0.00500000
 user: tricky (195102) date: 2013-10-18 13:59:16 betid: 187607302 lucky: 98.6943 target: <93.0000 bet: 0.00500000 payout: 1.06451613x profit: -0.0050000

It's pretty simple.

It takes 1% of the total bet returned, not just the winnings. If the site had a bet that paid your normal bet back 99% of the time, the casino on average will make 1 btc on every 100 btc bet placed on it. I simply suggest to make more risky bets to have fun as there's no way to reliably make a profit gambling on any odds. Taxing 1% on winnings in a 98% odds results in a dangerously low house edge of 99.98% which isn't feasible.

The terms of the bet are the same as the nearly universal standard that you will find in any casino. Any attempt to clarify will make things worse.

i was drinking the dooger kool aid, after this now i'm not 1000% convinced!!!   @91% ~ monkeys on the back end?

--->

user: mistymountain (194226) date: 2013-10-17 20:13:57 betid: 185468287 lucky: 91.0748 target: <91.0000 bet: 0.00200000 payout: 1.08791209x profit: -0.00200000
 user: mistymountain (194226) date: 2013-10-17 20:12:42 betid: 185465486 lucky: 92.2158 target: <91.0000 bet: 0.02000000 payout: 1.08791209x profit: -0.02000000
 user: mistymountain (194226) date: 2013-10-17 20:09:59 betid: 185459773 lucky: 06.3671 target: <91.0000 bet: 0.02000000 payout: 1.08791209x profit: +0.00175824
 user: mistymountain (194226) date: 2013-10-17 20:09:44 betid: 185459273 lucky: 74.8370 target: <91.0000 bet: 0.00500000 payout: 1.08791209x profit: +0.00043956
 user: mistymountain (194226) date: 2013-10-17 20:09:29 betid: 185458756 lucky: 61.4653 target: <91.0000 bet: 0.00500000 payout: 1.08791209x profit: +0.00043956
 user: mistymountain (194226) date: 2013-10-17 20:09:28 betid: 185458709 lucky: 60.7717 target: <91.0000 bet: 0.00500000 payout: 1.08791209x profit: +0.00043956
 user: mistymountain (194226) date: 2013-10-17 20:09:23 betid: 185458540 lucky: 21.5383 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:09:22 betid: 185458501 lucky: 74.7930 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:09:21 betid: 185458458 lucky: 23.0147 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:09:20 betid: 185458442 lucky: 95.3809 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: -0.00100000
 user: mistymountain (194226) date: 2013-10-17 20:09:20 betid: 185458427 lucky: 66.8431 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:09:19 betid: 185458379 lucky: 23.8112 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:09:18 betid: 185458371 lucky: 91.1653 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: -0.00100000
 user: mistymountain (194226) date: 2013-10-17 20:09:17 betid: 185458339 lucky: 57.3517 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:09:17 betid: 185458321 lucky: 01.5610 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:09:17 betid: 185458313 lucky: 56.1709 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:09:08 betid: 185457983 lucky: 21.9355 target: <91.0000 bet: 0.01000000 payout: 1.08791209x profit: +0.00087912
 user: mistymountain (194226) date: 2013-10-17 20:09:06 betid: 185457927 lucky: 61.7154 target: <91.0000 bet: 0.01000000 payout: 1.08791209x profit: +0.00087912
 user: mistymountain (194226) date: 2013-10-17 20:08:56 betid: 185457573 lucky: 53.0330 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:47 betid: 185457310 lucky: 64.1632 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:47 betid: 185457286 lucky: 32.4502 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:44 betid: 185457193 lucky: 71.4339 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:42 betid: 185457133 lucky: 89.7552 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:42 betid: 185457106 lucky: 91.2341 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: -0.00100000
 user: mistymountain (194226) date: 2013-10-17 20:08:42 betid: 185457094 lucky: 92.3315 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: -0.00100000
 user: mistymountain (194226) date: 2013-10-17 20:08:40 betid: 185457046 lucky: 60.4632 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:40 betid: 185457034 lucky: 06.1285 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:39 betid: 185457010 lucky: 68.7484 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:38 betid: 185456958 lucky: 35.1020 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:37 betid: 185456944 lucky: 11.3546 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:37 betid: 185456926 lucky: 92.1059 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: -0.00100000
 user: mistymountain (194226) date: 2013-10-17 20:08:36 betid: 185456907 lucky: 38.1106 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:36 betid: 185456884 lucky: 47.7310 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:34 betid: 185456808 lucky: 92.4114 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: -0.00100000
 user: mistymountain (194226) date: 2013-10-17 20:08:29 betid: 185456637 lucky: 76.3350 target: <91.0000 bet: 0.00100000 payout: 1.08791209x profit: +0.00008791
 user: mistymountain (194226) date: 2013-10-17 20:08:24 betid: 185456451 lucky: 86.6021 target: <91.0000 bet: 0.00050000 payout: 1.08791209x profit: +0.00004395
 user: mistymountain (194226) date: 2013-10-17 20:08:23 betid: 185456424 lucky: 32.1414 target: <91.0000 bet: 0.00050000 payout: 1.08791209x profit: +0.00004395
 user: mistymountain (194226) date: 2013-10-17 20:08:23 betid: 185456399 lucky: 94.8360 target: <91.0000 bet: 0.00050000 payout: 1.08791209x profit: -0.00050000
 user: mistymountain (194226) date: 2013-10-17 20:08:22 betid: 185456381 lucky: 97.3717 target: <91.0000 bet: 0.00050000 payout: 1.08791209x profit: -0.00050000

Could you share that correct math with us?

(btw, TIL you could do higher than 98% "chance to win" on JD. I always thought 98% was the max.)

Doog,

I thought about what we discussed on the trollbox and you were absolutely correct.  I was totally wrong in my calculations and I admit I was not thinking clearly.  I greatly appreciate the patience you had with me. 

This is the bet that started the discussion: https://just-dice.com/roll/184417807

A winning bet at 98.99% odds, he took home ~0.01134 when the true odds are ~1.14618.  The 99% difference was used to pay the "1% house edge".  Of course if he had lost, he would have lost it all.

I questioned the bet after seeing the risk to reward ratio, perceived it as an unfair situation, and incorrectly thought that the math was wrong.  Instead, I was wrong.  It absolutely is a 1% house edge bet according to definition.

It's a sucker bet, you say.  I'll go out on a limb and say that if the terms of the bet are "if you win, I tax ~99% of your true odds winnings; if you lose, you lose it all", "sucker bet" is an understatement.  I find it unlikely that a player would realize this less-than-ideal situation when they see "1% house edge" advertised.

I think the better question would be "is it misleading to offer this type of bet?".

Any thoughts are welcome.

what's the besty 1?  tia

Not the best, but a nice one.

best dice site imo even tho the grey screen is a bit drab!  $$$winning!