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Topic: [ROLLIN.IO] Rollin 2016 New Year // Contests & Giveaways!! / CLOSED. - page 25. (Read 24817 times)

legendary
Activity: 1190
Merit: 1001
Username : newinbtc
Code : R9 Predict the total bets.
1672852365+ bets
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
About meme contest, I think making another thread will be a good idea so people can see organized submission

Yeah, we are moving a few contests including Meme contest to the Services board today. Smiley
legendary
Activity: 1218
Merit: 1001
About meme contest, I think making another thread will be a good idea so people can see organized submission

@skierchewing congrats  Grin
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
on forum quiz, it would be 4903 mbtc because it would be a lvl 4 account User:SoWhat

Hey, the winner is skierchewing and the prize has been credited.



Predict the rolling number: User:SoWhat  1,950,000,000

And please note that you are not allowed to edit entries. Once you edit an entry there are high chances that it would be skipped, and most importantly if it is probable that the edit was not done in good intentions, either that particular entry will be made void or the player disqualified on severity of the issue.

If you must edit anything, please quote the post you are editing and make the changes. For example:

Quote
Quote
Username : xyz
Code : R9 Predict the total bets.
27

5,950,000,000
full member
Activity: 145
Merit: 100
on forum quiz, it would be 4903 mbtc because it would be a lvl 4 account User:SoWhat
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
Congratz to skierchewing for winning 10 mBTC with the correct answer : 4953 mBTC Cheesy

payout = 4953mBTC
username: skierchewing



Explanation:
The bet was 50 mBTC at 1% win chance.
Since Bob wagered more than 5BTC, he is on level 4 when he makes the bet. So the house edge for the bet is 0.94 %
reference : https://rollin.io/faq

So the math is 50 * (100 - 0.94) / 1 = 4953 mBTC directly. (I did intend to confuse you with profit and payout xD)


I know coz I am lvl 4 myself. Grin


Edit: Tip sent.

Edit2: As skierchewing says profit is different from payout. Considering that I have specifically put payout in the question 4953 is the most appropriate answer.
sr. member
Activity: 338
Merit: 250
Profit = Payout - Wagered
Payout = Value you going to receive in your pocket (final)
Wager = Value you bet and wagered (not more in your pocket)

so We have 4903mbtc (Profit) = 4953mbtc (Payout) - 50mbtc (Wager)
Payout and profit are two differents things for me... anyway, let`s see...

at the end you going to receive 4953mtc
Interesting approach Smiley But since rollin shows the amount won in big green font, I assume that amount is the required answer.

but the green font you refering says "profit" tab... not the payout hehe... if you check any other site the show the payout it's the profit + wager bet
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
Profit = Payout - Wagered
Payout = Value you going to receive in your pocket (final)
Wager = Value you bet and wagered (not more in your pocket)

so We have 4903mbtc (Profit) = 4953mbtc (Payout) - 50mbtc (Wager)
Payout and profit are two differents things for me... anyway, let`s see...

at the end you going to receive 4953mtc
Interesting approach Smiley But since rollin shows the amount won in big green font, I assume that amount is the required answer.
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
this is the profit table, not payout table... for me it`s 4953mbtc... let me explain why...
when you play you wager your bet, don`t care if you win or lose...
so if you play 50mbtc, you already wagered it...

Profit = Payout - Wagered
Payout = Value you going to receive in your pocket (final)
Wager = Value you bet and wagered (not more in your pocket)

so We have 4903mbtc (Profit) = 4953mbtc (Payout) - 50mbtc (Wager)
Payout and profit are two differents things for me... anyway, let`s see...

at the end you going to receive 4953mtc

good lucky all

You are totally right, I also forgot to add the wagered mBTC.
This is the best answer Shocked
sr. member
Activity: 338
Merit: 250
His profit would be 4902mBTC. Is that correct?
This is wrong.

Is it 4903mBTC?
This is correct! But: you've entered 2 answers, so I'm not sure how this counts...

Nope. Wink

I have to go atm. Will check back later.
Is this "Nope" for retes12345, for TriggerX, or for both?

Now my answer:
Bob has wagered more than 5000 mBTC, so he has a lvl 4 account. That means his house edge is 0.94%, which gives 4903 mBTC profit.

This nicely illustrates the effect of a lower house edge. I'll show the profit for a 50 mBTC win at 1% chance for all levels:
lvl 1: 4900 mBTC (house edge 1.00%)
lvl 2: 4901 mBTC (house edge 0.98%)
lvl 3: 4902 mBTC (house edge 0.96%)
lvl 4: 4903 mBTC (house edge 0.94%)
lvl 5: 4904 mBTC (house edge 0.92%)
lvl 6: 4905 mBTC (house edge 0.90%)
lvl 7: 4906 mBTC (house edge 0.88%)
lvl 8: 4907 mBTC (house edge 0.86%)
lvl 9: 4908 mBTC (house edge 0.84%)
lvl 10: 4909 mBTC (house edge 0.82%)
lvl 11: 4910 mBTC (house edge 0.80%)

Yeah, I wasn't so sure about that either. I deleted my first 2 posts and made a new one.

payout = 4953mBTC
username: skierchewing

this is the profit table, not payout table... for me it`s 4953mbtc... let me explain why...
when you play you wager your bet, don`t care if you win or lose...
so if you play 50mbtc, you already wagered it...

Profit = Payout - Wagered
Payout = Value you going to receive in your pocket (final)
Wager = Value you bet and wagered (not more in your pocket)

so We have 4903mbtc (Profit) = 4953mbtc (Payout) - 50mbtc (Wager)
Payout and profit are two differents things for me... anyway, let`s see...

at the end you going to receive 4953mtc

good lucky all
full member
Activity: 490
Merit: 100
4903mBTC
username: fumblingperch
hero member
Activity: 826
Merit: 1000
His profit would be 4902mBTC. Is that correct?
This is wrong.

Is it 4903mBTC?
This is correct! But: you've entered 2 answers, so I'm not sure how this counts...

Nope. Wink

I have to go atm. Will check back later.
Is this "Nope" for retes12345, for TriggerX, or for both?

Now my answer:
Bob has wagered more than 5000 mBTC, so he has a lvl 4 account. That means his house edge is 0.94%, which gives 4903 mBTC profit.

This nicely illustrates the effect of a lower house edge. I'll show the profit for a 50 mBTC win at 1% chance for all levels:
lvl 1: 4900 mBTC (house edge 1.00%)
lvl 2: 4901 mBTC (house edge 0.98%)
lvl 3: 4902 mBTC (house edge 0.96%)
lvl 4: 4903 mBTC (house edge 0.94%)
lvl 5: 4904 mBTC (house edge 0.92%)
lvl 6: 4905 mBTC (house edge 0.90%)
lvl 7: 4906 mBTC (house edge 0.88%)
lvl 8: 4907 mBTC (house edge 0.86%)
lvl 9: 4908 mBTC (house edge 0.84%)
lvl 10: 4909 mBTC (house edge 0.82%)
lvl 11: 4910 mBTC (house edge 0.80%)

Yeah, I wasn't so sure about that either. I deleted my first 2 posts and made a new one.
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
Now my answer:
Bob has wagered more than 5000 mBTC, so he has a lvl 4 account. That means his house edge is 0.94%, which gives 4903 mBTC profit.

This nicely illustrates the effect of a lower house edge. I'll show the profit for a 50 mBTC win at 1% chance for all levels:
lvl 1: 4900 mBTC (house edge 1.00%)
lvl 2: 4901 mBTC (house edge 0.98%)
lvl 3: 4902 mBTC (house edge 0.96%)
lvl 4: 4903 mBTC (house edge 0.94%)
lvl 5: 4904 mBTC (house edge 0.92%)
lvl 6: 4905 mBTC (house edge 0.90%)
lvl 7: 4906 mBTC (house edge 0.88%)
lvl 8: 4907 mBTC (house edge 0.86%)
lvl 9: 4908 mBTC (house edge 0.84%)
lvl 10: 4909 mBTC (house edge 0.82%)
lvl 11: 4910 mBTC (house edge 0.80%)
Oh no... I miscounted again, and you're right.
His profit is 4950 with 0.94% house edge , so his payout is 4950-(5000*0.94/100%)=4903mBTC

I misread the Level, I used the house edge for level 6 Cheesy
full member
Activity: 166
Merit: 100
Bob will win 4903.47 mbtc

User: Wilhelm
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
His profit would be 4902mBTC. Is that correct?
This is wrong.

Is it 4903mBTC?
This is correct! But: you've entered 2 answers, so I'm not sure how this counts...

Nope. Wink

I have to go atm. Will check back later.
Is this "Nope" for retes12345, for TriggerX, or for both?

Now my answer:
Bob has wagered more than 5000 mBTC, so he has a lvl 4 account. That means his house edge is 0.94%, which gives 4903 mBTC profit.

This nicely illustrates the effect of a lower house edge. I'll show the profit for a 50 mBTC win at 1% chance for all levels:
lvl 1: 4900 mBTC (house edge 1.00%)
lvl 2: 4901 mBTC (house edge 0.98%)
lvl 3: 4902 mBTC (house edge 0.96%)
lvl 4: 4903 mBTC (house edge 0.94%)
lvl 5: 4904 mBTC (house edge 0.92%)
lvl 6: 4905 mBTC (house edge 0.90%)
lvl 7: 4906 mBTC (house edge 0.88%)
lvl 8: 4907 mBTC (house edge 0.86%)
lvl 9: 4908 mBTC (house edge 0.84%)
lvl 10: 4909 mBTC (house edge 0.82%)
lvl 11: 4910 mBTC (house edge 0.80%)
sr. member
Activity: 434
Merit: 250
i think its 4903 mbtc but its not right.. hmm
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
His profit is 4950 with 0.90% house edge , so his payout is 4950-(5000*0.90/100%)=4905mBTC
Username : Jeremyroll


Because I think my first calculation is not right, so I make a new answer but also deleting my first answer.(It's fair, right?)
newbie
Activity: 48
Merit: 0
On-thread Trivia!




aaand the question for today is:


Q. Bob, a player at Rollin has wagered 5313.4931 mBTC. He bets 50 mBTC at Lower than 1 and wins. What is his payout?


Post your answer with your Rollin account for 7 mBTC. Rollin account should be at least level 2 OR the bitcointalk account full member and above. First to answer correctly, to the point wins the prize.

Remember, no edits.
4950.9 mBTC / 4951
username : Shadew
sr. member
Activity: 266
Merit: 250
is it 4853 mbtc??
sr. member
Activity: 338
Merit: 250
payout = 4953mBTC
username: skierchewing
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