Primedice.com | Since 2013 | Longest Running Crypto Casino | 113 BTC Jackpot! - page 1019.

ligeros

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Quote from: NeuroticFish on January 12, 2015, 12:40:49 PM

You would be a tough competitor for longest losing streak on... another site.
And when that competition will end - in a week from now - we will see how long a really long losing streak can be. I expect something about 20-25, but.. let's wait and see.

edit: typo

interesting idea
if Stunna will make such competition on PD I'm going to win
seriously, I am very "lucky" for such things as losing streaks

polipo00

newbie

Activity: 10

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https://i.imgur.com/kKSIjXW.png Good Job!

NeuroticFish

legendary

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Looking for campaign manager? Contact icopress!

You would be a tough competitor for longest losing streak on... another site.
And when that competition will end - in a week from now - we will see how long a really long losing streak can be. I expect something about 20-25, but.. let's wait and see.

edit: typo

Bizmark13

sr. member

Activity: 462

Merit: 250

Quote from: karakhan on January 12, 2015, 04:51:04 AM

as you see it is only 40k satoshi lol

This is a good example of how Martingale can fail spectacularly. Originally, he only bet 5 satoshis - an insignificant sum. He risked 40,000 satoshis to make just 5 satoshis. Doing it once or twice is relatively risk-free. But you can't become rich by making 5 or 10 satoshis. Or even 50 satoshis for that matter. In order to make a good sum of money, you need to do this hundreds, perhaps even thousands of times.

As you make bet after bet after bet, you start to see the chains emerge. Slowly at first. Perhaps a string of three or four bad rolls. Then five... Then six... The panic escalates, until the green digits that you've been waiting for reemerge. Then it subsides. You recuperate, and start betting again.

But eventually it happens. It always happens. Yet another string of bad rolls, not too different from the last few. Six... Seven... Oh no. Perhaps this is the big one? Eight... Argh! Nine... You're down to your last roll. One last shot. Will it be green? Yes? Yes? ...No. It's red. And your whole balance is wiped away. Sad

karakhan

sr. member

Activity: 274

Merit: 250

as you see it is only 40k satoshi lol

Omikifuse

legendary

Activity: 1862

Merit: 1009

Quote from: Dalyb on January 10, 2015, 04:59:47 PM

Can someone say me % chance to get this streak?

my win chance was 60%

Sorry for your bad luck.

Hope your lost was not too big

Gws24

hero member

Activity: 537

Merit: 524

Quote from: jaberwock on January 10, 2015, 10:50:43 PM

Quote from: Gws24 on January 10, 2015, 05:20:00 PM

That would be (0.4^13)*100% ~= 0.000671% so quite unlucky

But if someone tries hard enough(for example: by trying to make endless money with martingale) it will not be too unlikely to happens at least once.

Then the loss will be bigger than the total profit.

So better don't try endless money with martingale and be prepared for the worse and for unlucky too

Agreed. As a single occurence it's unlucky but you're right that if you make enough bets, for instance using the robot roll feature, then eventually it will happen and you'll bust.

EDIT: @micro Making a post at the same time saying basically the same thing Cheesy

MICRO

legendary

Activity: 2464

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Oldschool!

Quote from: Gws24 on January 10, 2015, 05:20:00 PM

That would be (0.4^13)*100% ~= 0.000671% so quite unlucky

Problem with that calculation is that u only calculate how unlikely is that he will get that streak in just that many bets. But u don't take in account how much bets he made before that and also how much bets are made on site in total .

In 3b bets streaks like that are near 100% chance to happen even without house edge.

Its not just about his 13bets and 13 loses in that 13 bets . If u calculate it like that , yeah chance is pretty damn low . But in 100k bets 1m bets 3b bets streaks like that are inevitable .

stellar69

full member

Activity: 196

Merit: 100

Quote from: sickhouse on January 10, 2015, 08:04:16 PM

Honestly Stunna you need to make the site more userfriendly. Leveling up past 20 is close to impossible now, I could accept 30-40 being very tough but I've been stuck at 20 for ages now. Please make it easier to level, it's not funny at all when it takes so long to get up.

And I have a bug to report (hopefully you can reward me for this ) - when you do a u:name you see the old level, so when I do u:sickhouse it shows level 31 which I was before the revert on the chat leveling.

Have all the levels from the chat been reverted back?
You might trying sending him a pm about this report.

jaberwock

legendary

Activity: 2814

Merit: 1128

Quote from: Gws24 on January 10, 2015, 05:20:00 PM

That would be (0.4^13)*100% ~= 0.000671% so quite unlucky

But if someone tries hard enough(for example: by trying to make endless money with martingale) it will not be too unlikely to happens at least once.

Then the loss will be bigger than the total profit.

So better don't try endless money with martingale and be prepared for the worse and for unlucky too

fonenumba

full member

Activity: 411

Merit: 100

Quote from: Dalyb on January 10, 2015, 04:59:47 PM

Can someone say me % chance to get this streak?

my win chance was 60%

You were clearly using the martingale strategy which has a large number of pitfalls. You clearly only posted your loosing streak, however you likely had a number of other both loosing and winning streaks

sickhouse

hero member

Activity: 490

Merit: 500

Honestly Stunna you need to make the site more userfriendly. Leveling up past 20 is close to impossible now, I could accept 30-40 being very tough but I've been stuck at 20 for ages now. Please make it easier to level, it's not funny at all when it takes so long to get up.

And I have a bug to report (hopefully you can reward me for this ) - when you do a u:name you see the old level, so when I do u:sickhouse it shows level 31 which I was before the revert on the chat leveling.

sickhouse

hero member

Activity: 490

Merit: 500

Quote from: Seketsuna on January 10, 2015, 06:34:58 PM

Quote from: sickhouse on January 10, 2015, 05:55:51 PM

Have the giveaway campaign passed? I checked the thread pretty regulary but missed a few days :/

there is a giveaway coming soon.. I wonder when will that happen hehe

Yeah,,, Stunna said it would happen a few days after new years because of people being hungover and stuff. Now its 11 days since new years, would be nice with some info.

Seketsuna

sr. member

Activity: 294

Merit: 250

Quote from: sickhouse on January 10, 2015, 05:55:51 PM

Have the giveaway campaign passed? I checked the thread pretty regulary but missed a few days :/

there is a giveaway coming soon.. I wonder when will that happen hehe

stellar69

full member

Activity: 196

Merit: 100

Quote from: sickhouse on January 10, 2015, 05:55:51 PM

Have the giveaway campaign passed? I checked the thread pretty regulary but missed a few days :/

Yes the 0.001BTC giveaway has ended. However there will be much bigger giveaways on pd chat by moderators.

sickhouse

hero member

Activity: 490

Merit: 500

Have the giveaway campaign passed? I checked the thread pretty regulary but missed a few days :/

monetizator4

sr. member

Activity: 546

Merit: 259

Quote from: stellar69 on January 10, 2015, 05:27:46 PM

Sad to see that it was a 60satoshi bet. If it would have been > 10000sat then you would have been lucky Wink

I don't have enough btc for that yet. But this probability loves me more and more every day.
Yesterday I won x9900 8 times (all small bets).

stellar69

full member

Activity: 196

Merit: 100

Quote from: monetizator4 on January 10, 2015, 01:46:19 PM

Not a bad day

I'm going to increase bets step by step.

Sad to see that it was a 60satoshi bet. If it would have been > 10000sat then you would have been lucky Wink

stellar69

full member

Activity: 196

Merit: 100

Quote from: Dalyb on January 10, 2015, 04:59:47 PM

Can someone say me % chance to get this streak?

my win chance was 60%

Chance was 100% in the long run. This was quite a usual thing that keeps on happening to gamblers. You will understand this when you get a bit experienced.

Gws24

hero member

Activity: 537

Merit: 524

That would be (0.4^13)*100% ~= 0.000671% so quite unlucky

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