[NEW] 🚀 Rocketpot.io | 2,500+ Games 🎰 | 10% Cashback 💰 - page 14.

hosseinimr93

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Quote from: hopenotlate on November 14, 2019, 12:21:18 AM

Quote from: hosseinimr93 on November 13, 2019, 05:29:59 PM

Quote from: davinchi on November 12, 2019, 05:59:16 AM

I don't know the odds but there has been a lot of talks about how bad beats could happen back to back and good ones can happen back to back as well, this must have been just one of those instances.

The house edge in Rocketpot is 2.5%. So, if you cashout at x, your chance to win the bet is 0.975/x. For example, if you cashout at 2.00 your chance to win the bet is 0.4875 or 48.75%.
Most of the gamblers in Rocketpot bet on 1.01x. Their chance to win the bet is 0.965 or 96.5%. This means that the probability of rocket crashing at 1.00 is 3.5%.
So, in every 29 games, 1 rocket is expected to crash at 1.00

Where did you get that 2.5% house edge?
"Rocketpot's house edge is 1.5% or less " as per their FAQ section : https://rocketpot.io/faq/

The house edge is 1.5% or less if the jackpot is taken into account. If the jackpot is not considered the house edge is higher. As I was calculating the probability of hitting 1.00, so I didn't consider the portion of house edge that goes to jackpot.
As far as I know 1-1.5% of the house edge goes to jackpot.

hopenotlate

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Quote from: hosseinimr93 on November 13, 2019, 05:29:59 PM

Quote from: davinchi on November 12, 2019, 05:59:16 AM

I don't know the odds but there has been a lot of talks about how bad beats could happen back to back and good ones can happen back to back as well, this must have been just one of those instances.

The house edge in Rocketpot is 2.5%. So, if you cashout at x, your chance to win the bet is 0.975/x. For example, if you cashout at 2.00 your chance to win the bet is 0.4875 or 48.75%.
Most of the gamblers in Rocketpot bet on 1.01x. Their chance to win the bet is 0.965 or 96.5%. This means that the probability of rocket crashing at 1.00 is 3.5%.
So, in every 29 games, 1 rocket is expected to crash at 1.00

Where did you get that 2.5% house edge?
"Rocketpot's house edge is 1.5% or less " as per their FAQ section : https://rocketpot.io/faq/

hosseinimr93

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Quote from: davinchi on November 12, 2019, 05:59:16 AM

I don't know the odds but there has been a lot of talks about how bad beats could happen back to back and good ones can happen back to back as well, this must have been just one of those instances.

The house edge in Rocketpot is 2.5%. So, if you cashout at x, your chance to win the bet is 0.975/x. For example, if you cashout at 2.00 your chance to win the bet is 0.4875 or 48.75%.
Most of the gamblers in Rocketpot bet on 1.01x. Their chance to win the bet is 0.965 or 96.5%. This means that the probability of rocket crashing at 1.00 is 3.5%.
So, in every 29 games, 1 rocket is expected to crash at 1.00

TheRocketman

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YouTube videos starting to show up

https://www.youtube.com/watch?v=dandwvuO7E4

davinchi

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Quote from: yahoo62278 on November 10, 2019, 04:37:34 PM

The game crashed 8 times at 1 in 40 bets. I don't know if that happens consistently though. Just happened to happen on that deposit.

This could be a very well educational post for the people who chase rare instances, for example there are a lot of people who start betting after the a quick-crash happens because it is unlikely that it happens again that quickly but as you can see it does.

Considering the game is provably fair and the results are not controllable, I feel like it was just bad luck, now normally crashing 8 times at 1 in 40 tries is something very rare but when the game is provably fair we could assume it was just a play on a day where luck was not in favor.

I don't know the odds but there has been a lot of talks about how bad beats could happen back to back and good ones can happen back to back as well, this must have been just one of those instances.

Betwrong

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Quote from: Bitinity on November 11, 2019, 01:29:18 PM

Quote from: justdimin on November 11, 2019, 11:52:04 AM

@Betwrong
You should definitely try to do some sort of martingale but with some twist. For example, if you do 1.01 then you gamble you will win almost all the time except few times in couple hundred. Which means if you lose and then make some sort of 10x or whatever higher bet on the next one there is a big chance you will win the next one.

Of course, that is only when you want to gamble for the gambling part, if you want to gamble for the jackpot part then you can just simply put the minimum easily up there and then wait for it, it is not automated as far as I know when it comes to jackpot and clicking and so forth so I would suggest just putting all your money into minimum betting to reach the jackpot levels. That would help you play a lot for a long time and you may end up hitting one jackpot which will make it even longer.

I read betwrong post and he said that he wanted to deposit 2mbtc only. With this amount and with the minimum bet at Rocketpot, he wont be able to do your suggestion as simply he wont be able to bet 2.5mbtc if he lose the 0.25mbtc Eventually he decided to not deposit as it is not a site for him, as I know he is a type of gambler who do not want to bet bigger amount than he can afford to lose. As he posted previously when replying to my post somewhere else, he said that his max bet amount is no more than 0.25mbtc.

Correct, betting with more than I can afford to lose is something I want to avoid. It's not that I always succeed in this regard, but I'm trying my best to.

Also, if I'd lose 0.25 mbtc, playing with 1.01x, and then 10x my bet and won, I would get back only 10% of what I lost previously.

2.5mbtc x 1.01 = 2.525

The profit from this win is 0.025mbtc. To recover 0.25mbtc with 1.01x bet, one should risk 25mbtc, and that's what I'm definitely not doing, even with 98% win chance.

Bitinity

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Quote from: justdimin on November 11, 2019, 11:52:04 AM

@Betwrong
You should definitely try to do some sort of martingale but with some twist. For example, if you do 1.01 then you gamble you will win almost all the time except few times in couple hundred. Which means if you lose and then make some sort of 10x or whatever higher bet on the next one there is a big chance you will win the next one.

Of course, that is only when you want to gamble for the gambling part, if you want to gamble for the jackpot part then you can just simply put the minimum easily up there and then wait for it, it is not automated as far as I know when it comes to jackpot and clicking and so forth so I would suggest just putting all your money into minimum betting to reach the jackpot levels. That would help you play a lot for a long time and you may end up hitting one jackpot which will make it even longer.

I read betwrong post and he said that he wanted to deposit 2mbtc only. With this amount and with the minimum bet at Rocketpot, he wont be able to do your suggestion as simply he wont be able to bet 2.5mbtc if he lose the 0.25mbtc Eventually he decided to not deposit as it is not a site for him, as I know he is a type of gambler who do not want to bet bigger amount than he can afford to lose. As he posted previously when replying to my post somewhere else, he said that his max bet amount is no more than 0.25mbtc.

justdimin

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@Betwrong
You should definitely try to do some sort of martingale but with some twist. For example, if you do 1.01 then you gamble you will win almost all the time except few times in couple hundred. Which means if you lose and then make some sort of 10x or whatever higher bet on the next one there is a big chance you will win the next one.

Of course, that is only when you want to gamble for the gambling part, if you want to gamble for the jackpot part then you can just simply put the minimum easily up there and then wait for it, it is not automated as far as I know when it comes to jackpot and clicking and so forth so I would suggest just putting all your money into minimum betting to reach the jackpot levels. That would help you play a lot for a long time and you may end up hitting one jackpot which will make it even longer.

yahoo62278

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Quote from: Betwrong on November 10, 2019, 12:24:15 PM

Also, I remember reading a post by yahoo62278 in the chat, saying that he had 8 instant crashes within 40(or 80, I can't remember exactly, and it's no longer in the chat) bets. Well, even if it's 80, the probability of hittting the jackpot within 80 bets is extremely small, and 8 instant crashes would kill my 0.002 BTC, leaving me with an amount not enough for making another bet.

All in all, I decided not to deposit my money on this site.

I played the site a little. Initially I wasn't exactly JP hunting but playing for wins on the crash game its self. Lost about .08btc doing that. Not the sites fault or anything, just didn't cash out before the crash.

Then I started JP hunting like I see all the other guys doing, playing x1.01 or x1.02 mostly and the game does crash an awful lot at 1. You're correct in what you posted you saw in chat. The game crashed 8 times at 1 in 40 bets. I don't know if that happens consistently though. Just happened to happen on that deposit.

I did manage to hit a couple mini jackpots here and there and get my account back to positive, so it is possible to win.

Betwrong

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Thanks for your replies, panjul07 and ralle14!

Yes, I wanted to hunt the jackpot, and, yes, I was going to bet with 1.01x payout. But after checking the stats for users with profit, I realized that 0.002 BTC is far from being enough for that purpose. In most cases, those users who's cumulative profit is positive have played thousands or even tens of thousands rounds. For example, user anarchy, who's cumulative profit is 3,389.92 mBTC (amazing profit indeed!) played 166,120 rounds. Another user, qwerty, profit = 1,620.05 mBTC, played 83,327 rounds. User zergrush, profit = 1143.61 mBTC, rounds played = 167,597. And so on.

Also, I remember reading a post by yahoo62278 in the chat, saying that he had 8 instant crashes within 40(or 80, I can't remember exactly, and it's no longer in the chat) bets. Well, even if it's 80, the probability of hittting the jackpot within 80 bets is extremely small, and 8 instant crashes would kill my 0.002 BTC, leaving me with an amount not enough for making another bet.

All in all, I decided not to deposit my money on this site.

ralle14

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Quote from: Betwrong on November 09, 2019, 06:23:35 AM

You know what guys, I'm convinced. I just created an account, and now thinking on depositing a couple of hundreds of sats there.

I have a question to those who have been playing on the site for quite some time. If I deposit, say, 0.002 BTC, for how many games I can survive playing the safest way possible? I mean, considering that 0.00025 is the minimum bet, I have a feeling that I can lose 0.002 pretty quickly. But what happens in reality?

If it's your first time depositing, i'd suggest checking your email's account for a deposit bonus (BTC.002). With a BTC0.002 or BTC0.004 bankroll you'll survive for a few hundred rounds or less depending on how frequent the instant crashes are. I checked one of the players stat on the site who's using a similar strat but with a higher bet amount and the instant crashes could happen after 20 rounds or not after a hundred rounds.

panjul07

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Quote from: Betwrong on November 09, 2019, 06:23:35 AM

You know what guys, I'm convinced. I just created an account, and now thinking on depositing a couple of hundreds of sats there.

I have a question to those who have been playing on the site for quite some time. If I deposit, say, 0.002 BTC, for how many games I can survive playing the safest way possible? I mean, considering that 0.00025 is the minimum bet, I have a feeling that I can lose 0.002 pretty quickly. But what happens in reality?

Playing the safest way? Do you mean by doing flat betting on 1.01x payout?
No one knows how many games you'll survive, it depends on your luck. You may survive for long time but you may lose it all fast.
If you are willing to hunt the jackpot, I think you should have better bankroll to start.
Bear in mind that the jackpot round may not come so often and once its coming there is no guarantee that you'll be the chosen one to spin the jackpot wheel.

Betwrong

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Quote from: TheRocketman on November 08, 2019, 08:03:01 AM

congratulations to our player anarchy on a new jackpot win - 1.2 BTC!

https://rocketpot.io/play/hall-of-fame/round/259972

the other players who participated in that round got a nice share of the jackpot as well

You know what guys, I'm convinced. I just created an account, and now thinking on depositing a couple of hundreds of sats there.

I have a question to those who have been playing on the site for quite some time. If I deposit, say, 0.002 BTC, for how many games I can survive playing the safest way possible? I mean, considering that 0.00025 is the minimum bet, I have a feeling that I can lose 0.002 pretty quickly. But what happens in reality?

Bitinity

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Quote from: dark08 on November 08, 2019, 09:15:59 AM

Quote from: TheRocketman on November 08, 2019, 08:03:01 AM

congratulations to our player anarchy on a new jackpot win - 1.2 BTC!

https://rocketpot.io/play/hall-of-fame/round/259972

the other players who participated in that round got a nice share of the jackpot as well

Thats a big big wow!!! Congratulation to the player anarchy you are so lucky player hitting this jackpot 1.2 btc, I hope next time I'll be the luck player I will keep playing and believe someday my name will liat on hall of fame!!

This user anarchy has hit the mega jackpot few times already, it seems that he is so lucky here. I have tried to hunt the jackpot but never got any chance to spin the jackpot wheel. I believe we need to have good bankroll to keep the bot plays all the time till hit jackpot or till get busted lol.

dark08

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Quote from: TheRocketman on November 08, 2019, 08:03:01 AM

congratulations to our player anarchy on a new jackpot win - 1.2 BTC!

https://rocketpot.io/play/hall-of-fame/round/259972

the other players who participated in that round got a nice share of the jackpot as well

Thats a big big wow!!! Congratulation to the player anarchy you are so lucky player hitting this jackpot 1.2 btc, I hope next time I'll be the luck player I will keep playing and believe someday my name will liat on hall of fame!!

TheRocketman

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congratulations to our player anarchy on a new jackpot win - 1.2 BTC!

https://rocketpot.io/play/hall-of-fame/round/259972

the other players who participated in that round got a nice share of the jackpot as well

FanEagle

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Quote from: Bitinity on November 04, 2019, 04:46:43 AM

Basically it is just another crash game, it is not that hard to create a similar game like this one especially for experienced devs. What makes this one is different to other crash game is just about the jackpot. Frankly speaking, I cant see any reasons why other people needs to copy other sites as most gamblers are so strict in choosing a gambling site. A copycat casino wont get good impression from gamblers since the first sight.

It is not just a "another crash game", this is jackpot in it and that makes the worlds difference. Not many people play here for the crash part of the game, not really that many people care about the crash part of it neither, they only care about the jackpot. Sure there are some crash gamblers here as well but most of the gamblers here play here for the jackpot.

It means it can't be copycat somewhere else, this is their niche, if they end up making the same thing with lower entry than it would just be a bad copy of this game and that can't really work that well. Hence in the end I really support this place for the originality not the system they built. Is there a better system? Maybe, depends on who you ask, but is there any like this out there? no there is not.

Sirait

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Quote from: mitchr4 on November 06, 2019, 06:42:56 AM

It was very good they had an increase in bankroll but what I'm confused about is why more and more people want to invest in this site while they have less traffic,

Almost all crash game have few players at the beginning of the introduction, but in 2 to 3 years many players start coming. I'm sure this site will be big in 2 to 3 years if it continues to be consistent.

in my opinion, those who invest in this site think the same as me, even though player traffic is still small.

mitchr4

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Quote from: Sirait on November 05, 2019, 10:20:46 AM

Quote from: TheRocketman on November 05, 2019, 02:12:11 AM

the bankroll is now 35 BTC+ and the MEGA jackpot over 1.25 BTC!

this is great news, I notice that every week rocketpot.io website bankroll is increasing (now 36+ Bitcoin) with site investment profits 19+ Bitcoin, this indicates that the level of trust has increased.

surely many players who participated investing in the rocketpot.io site too, maintain that trust.

It was very good they had an increase in bankroll but what I'm confused about is why more and more people want to invest in this site while they have less traffic, most players with low bets and only aim for the jackpot wheel. I don't know the profits that investors get but Rocketpot is getting better from day to day.

Sirait

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Quote from: TheRocketman on November 05, 2019, 02:12:11 AM

the bankroll is now 35 BTC+ and the MEGA jackpot over 1.25 BTC!

this is great news, I notice that every week rocketpot.io website bankroll is increasing (now 36+ Bitcoin) with site investment profits 19+ Bitcoin, this indicates that the level of trust has increased.

surely many players who participated investing in the rocketpot.io site too, maintain that trust.

Topic: [NEW] 🚀 Rocketpot.io | 2,500+ Games 🎰 | 10% Cashback 💰 - page 14. (Read 9649 times)