LUCKYBALLS.IO | New Multi-Coin Game * Free Bitcoins * Fair * 1% House Edge - page 4.

boopy265420

legendary

Activity: 1876

Merit: 1005

Quote from: Coef on June 03, 2015, 11:55:30 AM

Quote from: FanEagle on June 03, 2015, 07:00:06 AM

House Edge= Website Profits from actual games, aka the chance of loosing like, let's say you bet 1 btc at 45%, let say HE is 1% that 1% is the chance of the website profiting from you.

House edge is NOT the chance of you losing to the site.

When you go to a site and have 49.5% to double your bitcoin and 50.5% to lose your bitcoin, you can expect to get back 99% (=49.5%*2+50.5%*0) in a probability sense. Or in other words, the house can expect to get 1% and so the house edge is 1%.
On the other hand, when you have 10% chance to win a x9.9 bet, the house edge is still 1% even though your chance to lose is 90%.

Well explained ^ but with simple words I will say house edge is a fee which site charges you regardless you win or loose.This house edge fee whatever % is taken to keep the site running for paying staff,hosting,maintenance and other things.

omahapoker

hero member

Activity: 868

Merit: 1000

very nice site. impress with design and concept. i will try it out today. when will affiliate sign ups start?

Coef

hero member

Activity: 882

Merit: 1000

Exhausted

Quote from: FanEagle on June 03, 2015, 07:00:06 AM

House Edge= Website Profits from actual games, aka the chance of loosing like, let's say you bet 1 btc at 45%, let say HE is 1% that 1% is the chance of the website profiting from you.

House edge is NOT the chance of you losing to the site.

When you go to a site and have 49.5% to double your bitcoin and 50.5% to lose your bitcoin, you can expect to get back 99% (=49.5%*2+50.5%*0) in a probability sense. Or in other words, the house can expect to get 1% and so the house edge is 1%.
On the other hand, when you have 10% chance to win a x9.9 bet, the house edge is still 1% even though your chance to lose is 90%.

luckyballs

newbie

Activity: 28

Merit: 0

Quote from: Metadextrous on June 03, 2015, 06:49:46 AM

EDIT : free bitcoin button doesn't seems like to react when clicked, change account also doesn't load when clicked (showing the same url for the same account we use)

Please update the page and try again.

FanEagle

legendary

Activity: 2884

Merit: 1117

House Edge= Website Profits from actual games, aka the chance of loosing like, let's say you bet 1 btc at 45%, let say HE is 1% that 1% is the chance of the website profiting from you.

Metadextrous

full member

Activity: 182

Merit: 100

Quote from: luckyballs on June 03, 2015, 06:40:13 AM

Already fixed the captcha, please try again.

To-Do list:
~~- adding login form~~ - done
~~- adding account restoring form~~ - done
~~- fixing recaptcha bug~~ - done
- adding online chat
- adding autobet mode
- adding affiliate program
- adding coin votings

We are pleased to anounce that we have reduced the House Edge to 0%. Please enjoy!

Great response, gonna trying out the captcha fix to see if the problem have been resolved yet.

And one more question, what is a house edge? People seems to discuss it a lot in gambling board

EDIT : free bitcoin button doesn't seems like to react when clicked, change account also doesn't load when clicked (showing the same url for the same account we use)

luckyballs

newbie

Activity: 28

Merit: 0

Quote from: jeannemadrigal2 on June 02, 2015, 08:20:17 PM

Lol I love the site name. This game looks sweet, and thanks for the free satoshi to try it out. I must go try it now. What system do you use to make it provably fair?

Thank you! Please read our Provably Fair page.

Quote from: Metadextrous on June 03, 2015, 05:37:17 AM

How much is the minimum amount to be added to the big win page?

We have changed the minimum payout amount to 0.2 BTC to get listed on the Big Wins page.

Quote from: zenitzz on June 02, 2015, 06:01:55 PM

Quote from: luckyballs on June 02, 2015, 04:16:56 PM

Thanks to all of you! We appreciate your constructive comments and positive feedbacks.

To-Do list:
- adding login form
- adding account restoring form
- fixing recaptcha bug
- adding online chat
- adding autobet mode
- adding affiliate program
- adding coin votings

waiting for update,sometime i have problem with solve captcha and i think i have bad connection.

Already fixed the captcha, please try again.

To-Do list:
~~- adding login form~~ - done
~~- adding account restoring form~~ - done
~~- fixing recaptcha bug~~ - done
- adding online chat
- adding autobet mode
- adding affiliate program
- adding coin votings

We are pleased to announce that we have reduced the House Edge to 0%. Please enjoy!

Metadextrous

full member

Activity: 182

Merit: 100

1 day has passed and 3500+ bets has been made, nice response from people eh?

A lucky guy hit the Big Win page Undecided

How much is the minimum amount to be added to the big win page?

jeannemadrigal2

sr. member

Activity: 322

Merit: 250

Lol I love the site name. This game looks sweet, and thanks for the free satoshi to try it out. I must go try it now. What system do you use to make it provably fair?

zenitzz

hero member

Activity: 560

Merit: 500

Quote from: luckyballs on June 02, 2015, 04:16:56 PM

Thanks to all of you! We appreciate your constructive comments and positive feedbacks.

To-Do list:
- adding login form
- adding account restoring form
- fixing recaptcha bug
- adding online chat
- adding autobet mode
- adding affiliate program
- adding coin votings

waiting for update,sometime i have problem with solve captcha and i think i have bad connection.

sherbyspark

hero member

Activity: 910

Merit: 1000

Quote from: Metadextrous on June 02, 2015, 05:13:52 PM

Thanks for the reply, we are waiting for the update from you Cheesy

And a question, what is coin votings?

I would think of it as a voting for what altcoins should be accepted by the site in future. In the op they listed they already have 10 coins users can deposit with.

Metadextrous

full member

Activity: 182

Merit: 100

Quote from: luckyballs on June 02, 2015, 04:16:56 PM

Thanks to all of you! We appreciate your constructive comments and positive feedbacks.

To-Do list:
- adding login form
- adding account restoring form
- fixing recaptcha bug
- adding online chat
- adding autobet mode
- adding affiliate program
- adding coin votings

Thanks for the reply, we are waiting for the update from you Cheesy

And a question, what is coin votings?

Joca97

legendary

Activity: 3794

Merit: 1030

The Best Tipster on the Forum!!

Just tested the game,it looks awesome,one of the best and funnest games i have seen,the magnet gives the fun,the odds are incredible as well...design is perfect,good luckk!!!

sherbyspark

hero member

Activity: 910

Merit: 1000

For people having trouble logging in with the captcha with tor, can disable scripts on the tor browser which shall allow you to view the captcha .

gordonhill

legendary

Activity: 1274

Merit: 1006

I like this!!!✔

luckyballs

newbie

Activity: 28

Merit: 0

Thanks to all of you! We appreciate your constructive comments and positive feedbacks.

To-Do list:
- adding login form
- adding account restoring form
- fixing recaptcha bug
- adding online chat
- adding autobet mode
- adding affiliate program
- adding coin votings

vennali

legendary

Activity: 2338

Merit: 1081

#SWGT CERTIK Audited

Quote from: keepinquiet on June 02, 2015, 03:25:22 PM

Quote from: vennali on June 02, 2015, 02:45:39 PM

Also , just realized that when I was about to close the tab of the site, it prompted me to save the link to login , so it might be that there might never be a login option, and you will have to use the link to login every time you use a new window or have your cookies deleted.
And on trying to use the site with TOR , it asked me to solve a captcha for which the image didn't load and therefore I couldn't access the site with TOR.

The captcha issue is with tor, not luckyballs. Any site that uses recaptcha with the "I am not a robot" checkbox does not work with tor since about version 4.4 or so. The images just refuse to load, regardless of what settings you use.

Yeah aware of that. But I think they can change the captch type to eliminate that problem. I have never had problems with captchas on some of the other gambling sites even while using Tor.

agustina2

legendary

Activity: 2436

Merit: 1008

wow nice concept and design but it would be nice if u add autobet feature... Roll Eyes

fast deposit and withdraw.. i'll wait for autobet feature Grin

keepinquiet

full member

Activity: 420

Merit: 151

Quote from: vennali on June 02, 2015, 02:45:39 PM

Also , just realized that when I was about to close the tab of the site, it prompted me to save the link to login , so it might be that there might never be a login option, and you will have to use the link to login every time you use a new window or have your cookies deleted.
And on trying to use the site with TOR , it asked me to solve a captcha for which the image didn't load and therefore I couldn't access the site with TOR.

The captcha issue is with tor, not luckyballs. Any site that uses recaptcha with the "I am not a robot" checkbox does not work with tor since about version 4.4 or so. The images just refuse to load, regardless of what settings you use.

vennali

legendary

Activity: 2338

Merit: 1081

#SWGT CERTIK Audited

Also , just realized that when I was about to close the tab of the site, it prompted me to save the link to login , so it might be that there might never be a login option, and you will have to use the link to login every time you use a new window or have your cookies deleted.
And on trying to use the site with TOR , it asked me to solve a captcha for which the image didn't load and therefore I couldn't access the site with TOR.

Topic: LUCKYBALLS.IO | New Multi-Coin Game * Free Bitcoins * Fair * 1% House Edge - page 4. (Read 8162 times)