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Topic: Primedice.com | Since 2013 | Longest Running Crypto Casino | 113 BTC Jackpot! - page 1204. (Read 1989912 times)

legendary
Activity: 2940
Merit: 1333
it must be that
k = 9.

Please let me know if I have messed up something.

I think you're right, but I also seem to remember that the jackpot does indeed pay out an extra 9 times your stake in addition to your regular winnings.

Take this example:



He bet 0.00400303 at 1.035x and won. That should give a profit of around 0.00014011

But he also hit the jackpot and so won an extra 9 times his stake:

>>> (99 / 95.65 - 1) * 0.00400303 + 9 * 0.00400303
0.03616747021432305

If he had lost, his profit would have been 8 times his stake (9 from the jackpot, -1 from losing the bet)
legendary
Activity: 2940
Merit: 1333
Not condoning the idea, but there aren't any verifiers like the one that caught dicebitco.in yet, and also, there are many other ways to commit such a crime that are way less noticeable/subliminal I bet...no one knew that what dicebitco.in did was possible.

http://jsfiddle.net/qv30b62u/embedded/result/ can verify multiple PD rolls at once.

And it was well known that sites can cheat. That's why we use provably fair algorithms and roll verifiers - so that we can catch them if they do.
newbie
Activity: 18
Merit: 0
Can someone explain what's about the 0.91% edge? As I see it it's a 1% edge atm..

This is missleadning..

The jackpot which results in a +7x added to your payout on a 77.77 roll and makes any roll a win results in that edge.

I am also a bit puzzled by the edge percentage.
My calculations give a different percentage.
Here is what I understand:

Say the house has an edge of x% (in our case, x = 0.91).
Suppose I have 1BTC, and I make a single bet of that amount.
Then the expected amount I have after the bet *should* be
1 - x/100 = 0.9909 BTC     (*)

Let's now compute the expected amount I have after the bet.
Say my bet has payout factor 2, i.e., the win chance is 49.50%.

If we ignore the jackpot bonus, the expected amount after the bet is
2*0.4950 = 0.99
(if I win I have 2 BTC, if I lose I have none) 
 
Jackpot occurs with probability 1/10000, and if it occurs, it results
in an additive bonus of k times the amount bet (n our case k = 8, I believe).
Thus the expected bonus in my 1BTC bet is
1*k/10000.

Combining the above two we get that the expected total amount I have after the bet is
0.99 + k/10000.
(I can add the two, because of the linearity property of expectation.)

For the above  amount to be equal to 0.9909 BTC (as we expect from (*))
it must be that
k = 9.

In particular, this means that if the outcome of the bet is a jackpot then
- If I had bet high, then my balance after the bet should be 11BTC (i.e., profit of 10BTC)
- If I had bet low, then my balance after the bet should be 9BTC (i.e., a profit of 8BTC)

If the above is correct then I think that the value for the multiplier k that is used
currently (k=8?) is lower than the one that would result in the advertised house edge.

Please let me know if I have messed up something.

Regards.   
legendary
Activity: 896
Merit: 1001
I got 2 times 17 in a row but it's OK coz variance. As I remember somewhere Dooglus said that in JD were 23 or 27 in a row.

Regards.

That is amazing.  The most that I've won is 11 or 12 in a row with 2x.  I stopped after that and didn't continue.  Cashed out since I was down earlier in the day.
legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
primedice if fair but sometimes i lose 50% chance bets 10 times in a row

This is very usual after a certain amount of bets.

I have already seen several losing streaks which were much longer than 20 in a row.

That is like flipping a coin.   If you flipped it thousands of times, there is a good chance that you will see heads or tails come up 10 times in a row.

The exact probability of that happening can be found on google.   I don't know the exact equation...

Each flip is independent, 0.5 chance of a partcular outcome.   So, your chance of 10 heads (out of 10 exactly flips) = 0.5^10 =approx 0.000976

So, if you flip 1000 times, you have a 90% chance that there's a run of 10 heads in there somewhere.  Isn't that corect?
legendary
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
how long usually for the support to answer? i wrote an email 2 days ago,and on the website is stated a much shorter time till answering.

Yeah n should be much faster than that. But sometimes they get lots of spam, so they miss some important emails. Try resending email. Or ask here or on pd chat, in most cases comunity can help u out with questions.
hero member
Activity: 644
Merit: 523
Passionate about Crypto
I got 2 times 17 in a row but it's OK coz variance. As I remember somewhere Dooglus said that in JD were 23 or 27 in a row.

Regards.
sr. member
Activity: 378
Merit: 250
primedice if fair but sometimes i lose 50% chance bets 10 times in a row

This is very usual after a certain amount of bets.

I have already seen several losing streaks which were much longer than 20 in a row.
I have seen more then 20 lost in a row its not issue because after all its gambling
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
primedice if fair but sometimes i lose 50% chance bets 10 times in a row

This is very usual after a certain amount of bets.

I have already seen several losing streaks which were much longer than 20 in a row.

That is like flipping a coin.   If you flipped it thousands of times, there is a good chance that you will see heads or tails come up 10 times in a row.

The exact probability of that happening can be found on google.   I don't know the exact equation...
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
the game is lacking an important social aspect, we should be able to add people as friends and be able to talk to them in a separate chat-room

a buddy list would be cool so that you can see if your friends are online, or if you like watching the high stakes players (but I guess they by default will show up in "high roller" section
hero member
Activity: 813
Merit: 507
the game is lacking an important social aspect, we should be able to add people as friends and be able to talk to them in a separate chat-room

You can send privat messages in the chat by typing "/pm [username] [message]" so there is no lack  Tongue
member
Activity: 70
Merit: 10
★Bitin.io★ - Instant Exchange
the game is lacking an important social aspect, we should be able to add people as friends and be able to talk to them in a separate chat-room
member
Activity: 70
Merit: 10
★Bitin.io★ - Instant Exchange
Here is a suggestion for an ongoing competition (inspired by the billionth-bet competition):

Every bet whose ID is a multiple of 1,000,000 wins a bonus equal to the amount bet (maybe up to some maximum, or something like that).

I would expect that the amount given away should be negligible for the site: it already gives away 8 times the amount bet every 10,000 bets roughly, with the jackpot feature.
However, unlike jackpot, this would require some skill.

Regards.

the only thing one can do is use multiple accounts on autobet and hope for the best,
hero member
Activity: 813
Merit: 507
primedice if fair but sometimes i lose 50% chance bets 10 times in a row

This is very usual after a certain amount of bets.

I have already seen several losing streaks which were much longer than 20 in a row.
member
Activity: 70
Merit: 10
★Bitin.io★ - Instant Exchange
primedice if fair but sometimes i lose 50% chance bets 10 times in a row
hero member
Activity: 813
Merit: 507
Can someone explain what's about the 0.91% edge? As I see it it's a 1% edge atm..

This is missleadning..

The jackpot which results in a +7x added to your payout on a 77.77 roll and makes any roll a win results in that edge.

What if the player is using a low Wiin Chance making the payout greater than 8x?  Would winning the jackpot roll payout less than he would had otherwise?

At a 8xpayout you cant win on the 77.7 and even though the winnings from the jackpot will be added to the normal winnings of that roll.
full member
Activity: 178
Merit: 100
(ノಠ ∩ಠ)ノ彡B
Is there any update on faucet at all?  I haven't heard or seen anything but I have been busy the last few days.

Thanks

Each 3 minutes.
% of chat has been taken of from faucet, especially for one words.
sr. member
Activity: 400
Merit: 250
how long usually for the support to answer? i wrote an email 2 days ago,and on the website is stated a much shorter time till answering.
hero member
Activity: 784
Merit: 1000
Is there any update on faucet at all?  I haven't heard or seen anything but I have been busy the last few days.

Thanks
legendary
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
Admin still ignore me. Big - for him, and i will never again play on this site.

What's the issue? Maybe I can help u. Otherwise its best to email [email protected] to get fastest reply .
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