Topic: MoneyPot.com :: The bitcoin gambling wallet - page 19. (Read 77137 times)

That's how the way it works. This is like saying "write down either an A or a B 5 times on a piece of paper however you want. I'll then guess whether each one is an A or a B. But to increase my luck, I'll only guess one per year." It doesn't change the results. It can't change them. They're already known.

Investors should be happy nearly 100 btc profit. Happy = silent investors lol.

Finally got it to work on the audio. Not sure why its not accepting when you click the pictures though

I have no problem with the captcha though I am using my PC but not on mobile. BTW, it is nice to see the investor profit going back up.

I think the recaptcha system is broken. Been trying to login from mobile and it will not verify. Entered the correct street signs many times then did the audio test and none will verify

but sometimes it will change your luck. This is what I heard most from people playing dice but there is also never happened to me, unless later when I bet I use this strategy and win a lot I will share it here 

Most players don't care, and those who do mostly only seem to care in a very particular way - after a big loss they like to be able to verify that the loss was fair. (If you win, you don't care whether the bets were fair or not...)

I can easily imagine a player not looking at the provably fair system until after they lose a big bet, and only then discovering that if they had bet small on that roll that they would have won.

Recently I had a gambler who was quite unset that his rolls were "incredibly unlikely". He understood how the provably fair system works, understood that his rolls were all predetermined, that the results are independent of the stake, etc. But still couldn't get over the feeling that something was wrong. It took a while for him to get over his loss and realise that he had simply been unlucky. I think having two different sets of seeds depending on the stake opens an extra avenue for (invalid) conspiracy theories.


He's talking about disallowing bets of tiny fractions of a penny. Bets much smaller than the average faucet payment. It's nothing about what you can afford.


Did you ever hear the joke that you should always take a bomb with you when you fly, because there are never two bombs on the same plane?

Prerolling is the same as that: it's very unlikely that you'll see two losing 98% chance bets in a row, so bet dust until you lose one of them, then bet big because you won't see two in a row.

ie. it's a logical fallacy.

Of course it doesn't work. Your chance of winning a bet is the same no matter what happened prior. 10000 losses in a row doesn't give a better chance of a win. It's all the same.

People use that 1 satoshi just to make some loss. After they make huge loss there, they think they will start winning but that is depends on your luck too. I ever tried that but seems that is not working for me

I want to say that I personally see no issues with a split seed. As you said, it can still be verified, so it's really not a big deal to me. And I doubt most people even look at the verification -- just knowing you can gives that sense of safety.

Yeah, it has no impact at all. The main reason people like it, seems to be so they can accumulate huge loss streaks, without actually losing much. But as you spotted, it's just the gambler fallcy. If you have a 50% chance of winning, it's still a 50% chance of winning even if you pre-rolled a 30 loss streak.

But in general, casinos do well by encouraging superstitious behavior (Some physical casinos, really take it to the extreme actually. Like put easter-eggs in their games, and show misleading stats on overhead screens).

I have never understood the point of "prerolling". Can someone explain this phenomena? Is it just something people do to give them a false sense of security that the same result won't happen twice in a row? Just another example of gambler's fallacy I supppose.

that i can agree with. 1 sat bets arent gambling but some people do use 1 sat bets in the big hitter strategies and others like to preroll 0 sat bets or 1 sat bets before doing a huge roll. i wouldnt cut those kinda bets out completely

That's not what I meant at all. And for the record, I'm also not talking about 2 BTC, I'm talking a 2 millions time less, or $0.000242895

And the limit isn't even harmful to small players. In fact, I've seen several players who have been playing **MONTHS** without making a single deposit, and without ever betting less than 1 bit, all from the faucet. This is a behavior I have no problems with, nor do I even have a problem with someone betting a single satoshi. But someone who claims the faucet, then autobets (an average of) 20,000 bets isn't a use-case I particularly want to support, nor do I think it's really gambling.

nice to see a guy calling players who cannot afford big bets uneducated. im sure that will bring members flocking to play. in all seriousness you really shouldnt act as if small bettors dont matter. its not their faults they cannot afford 2btc bets. little people matter too is all im saying

i think it is still ok to have 2 different bankroll. the players can still get to choose what bets they want and the algorithm is still fixed so there should not be much of a big diff with other sites. maybe only the max payout is diff.

Yeah, I don't see a way around that. But I'm not sure most players will care that much. The educated ones can still easily follow along (and likely aren't betting dust anyway, so it doesn't affect them).

But then again, I haven't been able to get through to most developers to properly use the provably fair, verify it and expose it  (which is strongly in my interests, as it removes doubts). I think 6 months later, probably 95% of volume are going through casinos that don't even bother to randomize the client seed ( even though I've repeatedly shared a gist on how to do it: https://gist.github.com/RHavar/a6511dea4d4c41aeb1eb ), let alone doing more advanced verification or saving the client-seed and hash to reuse if there's an error.  So if developers don't care (even with prodding), I have trouble imagining users do.

That could be a possibility but I'd have to discuss this internally with the BetterBets team to see what works out best for everyone, great question though.

if you are right then it would be bad for the casino OP. so I hope you are wrong

do you think that there is maybe a solution for this problem? I am sure that if there is a solution for this problem then you will know it

When/if it's implemented, are you planning to have your own investment bankroll players can invest in (for the micro bets)?