Thanks for explanation, my bet was x2,538, I got 16 losses in row and it eat all ballance. I looked through topic and had seen bunch of positive comments concerning the Prime Dice .... so I tried, and ..... my experience bring to result wich was described above. Just wondering all those peaple who leave positive comments .... did they get any profit from Dicing or...?
If I'm not mistaken and I remember correctly the course of probability and statistics of the university.
The probability of failing 16 times in a row a winning configuration at 2.583x (39.01% win chance) is calculated as:
probability of losing a
single bet = 100% - 39.01% (win chance) = 60.99% = 0.6099
probability of losing
16 bets in a row is given by the product of the probabilies of the single events = 0.6099 * 0.6099 * ... * 0.6099 = ( 0.6099 ) ^ 16 = 0.000366554 = 0.03665 %
So the loss streak of 16 times at 2.583x looks "quite rare", 0.03665%, but this may be said if you play, let's say, 10-100 streaks.
If you keep the bot running so much time so that you end up playing ~10'000 streaks (not talking about single bets here, ma completed winning streaks), the event of a 16 losses streak in a row starts becoming more and more to be expected, because as we all'know, given the more long time all the possibile events will occur.
the loss streak of 16 times at 2.583x is 0.04379877% according to my math
this 100/0.04379877%=2283 so you have 100% chance to lose in 2283 bets or so
th streak can come sooner or later,but if you run your bot for a long time it is bound to hit you
its the most common gambler's fallacy,they are thinking "I cannot be getting 16! losses in a row! no way!"
but you cannot cheat math,you can noly increase your bank and pray that nasty losing streak is somewhere very very far down the seed
btw he's -1 BTC now.
