Provable Fairness of bitdice.me | Bitcointalksearch.org

Bitcoin Buyer Reload

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Quote from: Slark on April 02, 2015, 10:47:17 AM

Quote from: kotwica666 on April 02, 2015, 10:39:23 AM

Interesting is that everyone remember losses - i see here 10 losses, 18 losses.. But nobody says how many wins in a row got..

It is pure psychology really, humans are build like that - to receive the negative emotions in harder and more intense way and will remember bad things that happened them more likely longer and vivid than the positive ones. Nothing weird about it, you will most likely complain about bad experience that share your positive ones.

bulls eye !!

Slark

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Quote from: kotwica666 on April 02, 2015, 10:39:23 AM

Interesting is that everyone remember losses - i see here 10 losses, 18 losses.. But nobody says how many wins in a row got..

It is pure psychology really, humans are build like that - to receive the negative emotions in harder and more intense way and will remember bad things that happened them more likely longer and vivid than the positive ones. Nothing weird about it, you will most likely complain about bad experience that share your positive ones.

btcdealer.nl

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Quote from: kotwica666 on April 02, 2015, 10:39:23 AM

Interesting is that everyone remember losses - i see here 10 losses, 18 losses.. But nobody says how many wins in a row got..

Hahahah, indeed people tend to remember only the bad hits Tongue

it think i've seen about 14 wins in a row on 49,5% Shocked

cheat cheat.

btcdealer.nl

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Quote from: Bitcoin Buyer Reload on April 02, 2015, 10:34:24 AM

Quote from: Astargath on April 02, 2015, 10:31:31 AM

Quote from: Snorek on April 02, 2015, 10:28:17 AM

Quote from: Pushtheghost on April 02, 2015, 10:20:28 AM

Quote from: Bitcoin Buyer Reload on April 02, 2015, 10:19:16 AM

i dont know but dropping the theory and sticking to logic, the number of btc casino wouldnt still be running if they did not make profits.. they dont just sit there and serve the community.. so in a way or the other, there is some kind of cheat or at least something that is dropping btc in their pocket enable them to stay alive

That's called the "house edge" which all casinos run with... house edges in bitcoin world tend to vary from anywhere to 1%-10% depending on the game being played. That's how the casinos make their money, not by cheating their players. Most are legit, at least.

Personally I would not call 10% house edge a legit offer. It is just like you would play a rigged game from the start - the only difference is you already know about it, and you don't care. For me anything more that 1% house edge is simply borderline scam.

Well honestly even a 0% house edge casino would still be shit and you wont win anything. Im pretty sure the casino would profit from greedy players

yep agreed! cash always in never out

0% house edge won't be possible in anyway, only if they just want to rip all your coins you deposit and run.
In my opinion 1% is a nice house edge and you sure can win! But also lose of course Tongue

kotwica666

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Interesting is that everyone remember losses - i see here 10 losses, 18 losses.. But nobody says how many wins in a row got..

Bitcoin Buyer Reload

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Quote from: Astargath on April 02, 2015, 10:31:31 AM

Quote from: Snorek on April 02, 2015, 10:28:17 AM

Quote from: Pushtheghost on April 02, 2015, 10:20:28 AM

Quote from: Bitcoin Buyer Reload on April 02, 2015, 10:19:16 AM

i dont know but dropping the theory and sticking to logic, the number of btc casino wouldnt still be running if they did not make profits.. they dont just sit there and serve the community.. so in a way or the other, there is some kind of cheat or at least something that is dropping btc in their pocket enable them to stay alive

That's called the "house edge" which all casinos run with... house edges in bitcoin world tend to vary from anywhere to 1%-10% depending on the game being played. That's how the casinos make their money, not by cheating their players. Most are legit, at least.

Personally I would not call 10% house edge a legit offer. It is just like you would play a rigged game from the start - the only difference is you already know about it, and you don't care. For me anything more that 1% house edge is simply borderline scam.

Well honestly even a 0% house edge casino would still be shit and you wont win anything. Im pretty sure the casino would profit from greedy players

yep agreed! cash always in never out

Nocturne

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10 times in a row seems like sound a house edge to me..

Astargath

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Quote from: Snorek on April 02, 2015, 10:28:17 AM

Quote from: Pushtheghost on April 02, 2015, 10:20:28 AM

Quote from: Bitcoin Buyer Reload on April 02, 2015, 10:19:16 AM

i dont know but dropping the theory and sticking to logic, the number of btc casino wouldnt still be running if they did not make profits.. they dont just sit there and serve the community.. so in a way or the other, there is some kind of cheat or at least something that is dropping btc in their pocket enable them to stay alive

That's called the "house edge" which all casinos run with... house edges in bitcoin world tend to vary from anywhere to 1%-10% depending on the game being played. That's how the casinos make their money, not by cheating their players. Most are legit, at least.

Personally I would not call 10% house edge a legit offer. It is just like you would play a rigged game from the start - the only difference is you already know about it, and you don't care. For me anything more that 1% house edge is simply borderline scam.

Well honestly even a 0% house edge casino would still be shit and you wont win anything. Im pretty sure the casino would profit from greedy players

Pushtheghost

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Quote from: Snorek on April 02, 2015, 10:28:17 AM

Personally I would not call 10% house edge a legit offer. It is just like you would play a rigged game from the start - the only difference is you already know about it, and you don't care. For me anything more that 1% house edge is simply borderline scam.

They're not scams though if they declare their house edge to their users. Some BTC casinos who run slot games have a house edge upto 10%, which I agree is ridiculous, but each to their own.

Snorek

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Quote from: Pushtheghost on April 02, 2015, 10:20:28 AM

Quote from: Bitcoin Buyer Reload on April 02, 2015, 10:19:16 AM

i dont know but dropping the theory and sticking to logic, the number of btc casino wouldnt still be running if they did not make profits.. they dont just sit there and serve the community.. so in a way or the other, there is some kind of cheat or at least something that is dropping btc in their pocket enable them to stay alive

That's called the "house edge" which all casinos run with... house edges in bitcoin world tend to vary from anywhere to 1%-10% depending on the game being played. That's how the casinos make their money, not by cheating their players. Most are legit, at least.

Personally I would not call 10% house edge a legit offer. It is just like you would play a rigged game from the start - the only difference is you already know about it, and you don't care. For me anything more that 1% house edge is simply borderline scam.

Pushtheghost

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Quote from: Bitcoin Buyer Reload on April 02, 2015, 10:19:16 AM

i dont know but dropping the theory and sticking to logic, the number of btc casino wouldnt still be running if they did not make profits.. they dont just sit there and serve the community.. so in a way or the other, there is some kind of cheat or at least something that is dropping btc in their pocket enable them to stay alive

That's called the "house edge" which all casinos run with... house edges in bitcoin world tend to vary from anywhere to 1%-10% depending on the game being played. That's how the casinos make their money, not by cheating their players. Most are legit, at least.

Bitcoin Buyer Reload

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Quote from: Pushtheghost on April 02, 2015, 10:14:17 AM

Quote from: Bitcoin Buyer Reload on April 02, 2015, 09:59:48 AM

well it depends on the timing i think because its not always that much random. it random at a certain point only

You're wrong. With most provably fair systems on off-chain dice sites, the result is gathered by using a client seed and server seed, and bet number. This is usually the bet number of how many bets made on your account, however, if it was the whole-site bet number/ID, then sure, that could effect the result. I'm no provably fair expert but I don't think this is how it works though and there wouldn't be a way for a site to cheat in this sense.

i dont know but dropping the theory and sticking to logic, the number of btc casino wouldnt still be running if they did not make profits.. they dont just sit there and serve the community.. so in a way or the other, there is some kind of cheat or at least something that is dropping btc in their pocket enable them to stay alive

Pushtheghost

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Quote from: Bitcoin Buyer Reload on April 02, 2015, 09:59:48 AM

well it depends on the timing i think because its not always that much random. it random at a certain point only

You're wrong. With most provably fair systems on off-chain dice sites, the result is gathered by using a client seed and server seed, and bet number. This is usually the bet number of how many bets made on your account, however, if it was the whole-site bet number/ID, then sure, that could effect the result. I'm no provably fair expert but I don't think this is how it works though and there wouldn't be a way for a site to cheat in this sense.

Bitcoin Buyer Reload

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Quote from: zcxvbs on April 02, 2015, 09:36:59 AM

10 losses = (0.5)^10 = 1/1024, it's about 0.1%,not that low, this could happen at any time. While Hitting a x999 on LuckyBit is about 0.003%.

well it depends on the timing i think because its not always that much random. it random at a certain point only

zcxvbs

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10 losses = (0.5)^10 = 1/1024, it's about 0.1%,not that low, this could happen at any time. While Hitting a x999 on LuckyBit is about 0.003%.

psykachu

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it's normal.... take how many bets you did... after 10000 you should lose at least 1 time 10 x consecutive

SyGambler

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guess who's back

I have hit 16 losing streak on X2 many times

so it's not that big deal to lose 10 in a row

fox19891989

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That's normal I think, if you bet larger than 50.5, you would get 10 win streaks.

So try my tips, when you lost, try to gamble the opposite option, when you won, continue your bet.

In your case, if you lost in first bet, next bet you should bet > 50.5, and you wouldn't lose.

I called this "luck change" strategy. Grin

Hope it can help you.

Bitcoin Buyer Reload

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Quote from: btcdealer.nl on April 01, 2015, 02:47:08 PM

Quote from: Bitcoin Buyer Reload on April 01, 2015, 02:43:44 PM

i played on some, they are very slow on payment. i had to wait for 1 hour

At BitDice payments are instant, only for big amounts you sometimes need to contact support. Grin

yep. payment are instant. i agree. thanks, ill get some coins and try again. i did not lose but i did not win. but i did not break even... jokes. i won 0.04 still good

EvilPanda

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Small Red and Bad

That's the beauty of dice sites, I guess. This topic comes back every few months, I'm quite sure there were at least 5 similar ones.
I even complained in one myself, having lost over 10 times in a row and stopped when people showed screenshots of 20+ losses in a row. My mistake was that I compared these 50% rolls to throwing a coin and couldn't get how it's possible for it to land on the same side 10 times in a row, but this game is a bit different.

Topic: Provable Fairness of bitdice.me (Read 1810 times)