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Topic: Satoshi Dice (Read 1165 times)

legendary
Activity: 3472
Merit: 4801
May 19, 2013, 01:05:08 AM
#28
They just blocked SatoshiDice for all US IP Addresses; you could be caught up in that.

Does that really matter? I would think any vpn would get around that restriction pretty easily.

Of course it would.  The point isn't to prevent U.S. citizens from participating.  The point is to avoid openly advertising to U.S. Citizens and reduce the risk of comming under attack from U.S. law enforcement.
legendary
Activity: 4542
Merit: 3393
Vile Vixen and Miss Bitcointalk 2021-2023
May 19, 2013, 01:02:03 AM
#27
There are profits to be made, But you need to know when to quit for the day.

People seem to think it's always up, up, up!

Need to get up 10% - 15% and just stop. People keep on going and it gets bad quickly.
Rubbish. You're just as likely (actually, slightly more likely due to the house edge) to lose 10-15% initially, and if you keep on gambling to try to "recoup your loses", you're just going to end up losing all your money.

What you suggest is the same idea as the Martingale strategy, in which the gambler bets increasingly large amounts, so that a single win will recover all previous loses with change left over. It doesn't work. It just turns a small chance of winning a large amount and a large chance of losing a small amount, into a large chance of winning a tiny amount (in relation to your wager, which quickly grows to be enormous) and a small chance of losing everything, giving you the same odds as Russian roulette.
full member
Activity: 126
Merit: 100
May 19, 2013, 12:47:46 AM
#26
They just blocked SatoshiDice for all US IP Addresses; you could be caught up in that.

Does that really matter? I would think any vpn would get around that restriction pretty easily.
member
Activity: 84
Merit: 10
May 19, 2013, 12:34:33 AM
#25
Hi,

A lot of people bet BTC.... don't worry only the house can win...

Like any casino you go to lose money...



There are profits to be made, But you need to know when to quit for the day.

People seem to think it's always up, up, up!

Need to get up 10% - 15% and just stop. People keep on going and it gets bad quickly.
newbie
Activity: 31
Merit: 0
May 19, 2013, 12:14:22 AM
#24
Hi,

A lot of people bet BTC.... don't worry only the house can win...

Like any casino you go to lose money...

legendary
Activity: 3472
Merit: 4801
May 18, 2013, 11:53:26 PM
#23
its not really a dice game tho.... its just a statistics game... you cant really have a dice with 64,000 sides can you... it would just look like a round ball.

You could just roll one ten-sided die 6,400 times.  Grin
Actually, you couldn't. That would result in a normal distribution (in which numbers closer to 32,000 are more probable) instead of a uniform distribution (all numbers equally probable).

You're right.  I was typing without thinking.  My intent was to roll a die for each decimal digit (which is why I suggested a ten-sided die), but somewhere in the middle of my sentence I lost track of what I meant to suggest and ended up suggesting 6,400 rolls instead of 5 rolls.

To get a random number from 0 to 65,535 (which is what SatoshiDice actually uses, not 64,000) from real dice, you would need five 8-sided dice (or roll one 8-sided die five times) and one 2-sided die (or coin). Roll one for each octal digit, then convert to decimal.

Your suggestion would certainly work.  You could also roll a 4 sided die 8 times (once for every pair of bits) and convert to decimal, or you could roll a 20 sided die 4 times (once for each hex digit), and re-roll any value larger than 16.

For those who have difficulty with converting to decimal, you could just roll a 10 sided die 5 times (once for each digit), and discard the result and re-roll if you end up with a number larger than 65,535.
hero member
Activity: 560
Merit: 500
May 18, 2013, 11:01:19 PM
#22
Guys, I should have mentioned last night (but I was real tired & not thinking straight) that I lost all my money on SatoshiDice and thought that I wouldnt be able to get more coins till Monday.  Cos i am over in Australia where the only way to buy BTC is to go to the bank.   But I found a new website that lets you buy BTC 24/7 !!!

If you are in Australia, hit up buybitcoinaustralia.com.au  it is the cheapest price I could find, but more importantly, it doesnt require going to the bank in business hours.


It's not my place but you gotta know when to stop buddy. Look to invest in BTC stocks and assets (imo).
legendary
Activity: 4542
Merit: 3393
Vile Vixen and Miss Bitcointalk 2021-2023
May 18, 2013, 10:57:40 PM
#21
its not really a dice game tho.... its just a statistics game... you cant really have a dice with 64,000 sides can you... it would just look like a round ball.

You could just roll one ten-sided die 6,400 times.  Grin
Actually, you couldn't. That would result in a normal distribution (in which numbers closer to 32,000 are more probable) instead of a uniform distribution (all numbers equally probable). To get a random number from 0 to 65,535 (which is what SatoshiDice actually uses, not 64,000) from real dice, you would need five 8-sided dice (or roll one 8-sided die five times) and one 2-sided die (or coin). Roll one for each octal digit, then convert to decimal.
newbie
Activity: 28
Merit: 0
May 18, 2013, 10:13:25 PM
#20
Guys, I should have mentioned last night (but I was real tired & not thinking straight) that I lost all my money on SatoshiDice and thought that I wouldnt be able to get more coins till Monday.  Cos i am over in Australia where the only way to buy BTC is to go to the bank.   But I found a new website that lets you buy BTC 24/7 !!!

If you are in Australia, hit up buybitcoinaustralia.com.au  it is the cheapest price I could find, but more importantly, it doesnt require going to the bank in business hours.
legendary
Activity: 3472
Merit: 4801
May 18, 2013, 09:20:48 PM
#19
its not really a dice game tho.... its just a statistics game... you cant really have a dice with 64,000 sides can you... it would just look like a round ball.

You could just roll one ten-sided die 6,400 times.  Grin

Any dice game is just a statistics game.  The physical dice are just a reasonable way of generating random numbers.  In the case of Satoshi Dice, the hash of your transactionID combined with the daily "secret" act as "virtual dice" to generate random numbers.

EDIT:  I meant to say "You could just roll one ten-sided die 5 times."  You would roll it once for each digit and if the result was higher than 64,000 you would simply discard and re-roll the 5 digits again.  You would either need a ten-sided die that was marked 0 through 9, or if you used a die marked 1 through 10 you would need to write down a 0 any time you rolled a 10.
sr. member
Activity: 366
Merit: 258
May 18, 2013, 08:30:15 PM
#18
newbie
Activity: 37
Merit: 0
May 18, 2013, 07:38:37 PM
#17
They just blocked SatoshiDice for all US IP Addresses; you could be caught up in that.

Let freedom ring!
newbie
Activity: 10
Merit: 0
May 18, 2013, 05:27:45 PM
#16
It's quite useful when you are just starting out because it allows you to send small test transactions to see if everything works and it gives you a good starting point for how the block chain works etc. I've used it a few times, won lost etc.
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
May 18, 2013, 04:37:19 PM
#15
its not really a dice game tho.... its just a statistics game... you cant really have a dice with 64,000 sides can you... it would just look like a round ball.

Think you would just need thousands of dice.
full member
Activity: 238
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
May 18, 2013, 04:31:02 PM
#14
well i did tried, with a 90% so-called winning odds.. bet 0.01, but i only received 0.0005 in returns i guess haha

That means you lost right? I lost like 0.1 BTC on satoshi dices, and I told my self I am never playing it again.
hero member
Activity: 686
Merit: 500
May 18, 2013, 11:27:41 AM
#13
well i did tried, with a 90% so-called winning odds.. bet 0.01, but i only received 0.0005 in returns i guess haha
newbie
Activity: 28
Merit: 0
May 18, 2013, 11:19:06 AM
#12
its not really a dice game tho.... its just a statistics game... you cant really have a dice with 64,000 sides can you... it would just look like a round ball.
newbie
Activity: 28
Merit: 0
May 18, 2013, 11:12:54 AM
#11
I was loosing too much on the 1000:1 bets.. I have moved to 100:1...

The cool thing is that you know the site is legit cos you can see the transactions on the block chain of people getting paid.

newbie
Activity: 28
Merit: 0
May 18, 2013, 11:11:24 AM
#10
Yeah, look under the "big wins" tab.
hero member
Activity: 686
Merit: 500
May 18, 2013, 11:05:19 AM
#9
has anyone ever won big?! Shocked
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