Topic: Primedice.com | Since 2013 | Longest Running Crypto Casino | 113 BTC Jackpot! - page 795. (Read 1990378 times)

any webpages where can i find his statistics about the game and how much he gambled? i would be keen on checking it

Mr.Whale don't have problems with that kind of a base bet

0.06 bet on 99x is something insane for my pocket
good win btw, congratulation

I don't understand that stragegy either, betting 0.064 and then doubling with only 1% of winning is very risky unless he has like 1000 BTC.

hmm no i see he bet 0.012 then double it to 0.032
and double it to 0.064 and hit the 99x

Oic so he just figured it was his time to hit the 99x and bet larger that's nice

Oic so he just figured it was his time to hit the 99x and bet larger that's nice

of course not all bets 734 bet bb is 0.064 btc
he start from a little bb and increase like 2x when feel to hit it.

So he spent 44 btc to make 6. Am I missing something? If I did the same thing on another site at least I'd have some rake comin on Sunday yall are insane.

Hey guys cool  PD user:Sylos awesome Hit , He chasing reds 734red N finally got the green awesome hit guys smart player
If you need hit go play good n now won won BTC Good enjoy the big won Sylos

Using the power function to calculate the odds of getting rolling a win or loss with a specific series of rolls is highly flawed, because the potential series is infinite, and each roll restarts the series from scratch. Meaning, after 5000 rolls of losing, your odds of rolling a 9900x win in the NEXT 9900 rolls is exactly the same as it was when you started 5000 rolls ago. The fact that you've lost 5000 rolls has no bearing on the next 9900.  

Your formula assumes the odds are absolute which is simply not correct, whether it be on PrimeDice or in a physical casino.

To expand, statistical odds represented as a percentage must add up to 100%, while at the same time, will never reach the true round number of 100% --- Being 99.99999... and so on is as close as one could get. Unless of course you're flipping a double headed coin

Lets use your example to demonstrate...

On 9900x you've calculated/assumed the actual odds of not rolling a win rolling 9900 rolls is (99.99%)^9900 = 37.16%

The flaw here is if your odds of 'not' winning is 37.16% then mathematically speaking your odds of winning must be 62.84%.

Betting 0.00001000 per roll would result in a win of 0.09899000. Rolling 9900 times, a player would wager 0.09900000 - he would win 63 out of every 100 times he played this series. (62.84% Rounded).

So every 100 games the player would win 63 and lose 37...? Thats guaranteed profit.

You can use discrete probability to calculate odds for only a single roll... To calculate the odds of winning or losing in a series, continuous probability must be used and a number of statistical paradoxes must be considered.

 Strato