Below is a copy of my bet at MyriadCoins.com. If my chances of winning were 88% then did I really have to be within 4400 of the chosen number? Just doing simple math it seems like I'd only have to be within about 8800 of the chosen number assuming there are 9999 possibilities. Can anyone explain why my rough estimation is so far off?
Also where do you go to use the hash to verify the outcome? I know the numbers wrap around and it just occurred to me that 4400 is exactly half of 8800 but I'm still not getting it?!?!
============ cut and pasted from
http://myriadcoins.com/ =====================
Set your wager amount and choose your win rate. Guess close enough to the predetermined number to win!
Thank you for sending 0.08BTC to 1L3ozyJ9Se7uuoXezfKqvETLtQfZEXbZPR! Unfortunately, you are not a winner.
Guess: 3003, Number: 7487, Distance: 4484, Max Distance: 4400
sha256('XJsqRICq/I2013-02-12 08:04:56 7487') = 099f50d73a4e419febaaa36a01ef48e7d5e130f1b6d0579f6e273236cdc41fb4
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BET AMOUNT
0.08 BTC
WIN AMOUNT
0.09 BTC
You have a 88.00% chance of winning. In order to win, your guess must be within 4400 of our chosen number. Numbers do wrap around.
Myriad Coins is in Beta. Questions and feedback at Bitcoin Talk
099f50d73a4e419febaaa36a01ef48e7d5e130f1b6d0579f6e273236cdc41fb4