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Topic: SatoshiDICE.com - The World's Most Popular Bitcoin Game - page 193. (Read 495688 times)

legendary
Activity: 2940
Merit: 1333
I understand that concept of .999... = 1 but the part I cannot realize is how if you roll forever you "must" win, and can't always lose.

OK then.  Since you agree 0.999... is equal to 1, let's use that to prove the other point:

Suppose (to make the maths easier) you're rolling a 10 sided dice, and you only lose if you roll a 6.

After the 1st roll, the probability that you won is 0.9 (there's a 1 in 10 chance that you rolled a 6)
After the 2nd roll, the probability that you won at least once is 0.99 (there's only a 1 in 100 chance that you rolled a 6 both times)
After the 9th roll, the probability that you won at least once is 0.999999999 (nine 9's)
If you play forever, the probability that you win at least once is 0.999... recurring forever.

You just agreed that 0.999... recurring forever is equal to 1, so the probability that you win at least once if you play forever is 1.

ie. you're going to win at least once, for sure.
sr. member
Activity: 293
Merit: 250
All I meant by the initial statement was that even given infinite time, the odds of 100% flipping one way or the other never are 0. Practically, sure, they're as good as zero. They head towards zero... but there's always that one path that is a 0 win catastrophe in however many flips you make.

And that's where I disagree.

Given finite time there's a possibility you'll lose every 50/50 bet you make.

Given infinite time (so long as you keep playing regularly) there's no possibility that you'll lose every 50/50 bet you make, due to the nature of infinity.

It's the same as how 0.999 recurring is equal to 1.  It's not close, it's equal.  Given a finite number of 9's on the end it's a little less than 1.  But given an infinite number of 9's, it's equal to 1.  Can we agree on that bit?  (Edit: see https://en.wikipedia.org/wiki/0.999...)

I understand that concept of .999... = 1 but the part I cannot realize is how if you roll forever you "must" win, and can't always lose.


I believe that if you were to roll forever, all that implies is that you're never stopping. Even if you never stop, you can always lose 100% of your rolls. It becomes less and less likely, converging towards zero. but there is no repeating decimal, it is a shifting value with each roll?


As #rolls approaches INF the chance you will always lose converges to zero but never reaches zero. The idea is that anything that converges towards but never reaches is = to the number (since there are no numbers in between) makes sense.

What doesn't, to me, is resolving an infinite series to a finite result:

If you "always" flip a coin you will "never" always lose.
Hard to wrap my head around!



dooglus is almost completely correct.

https://en.wikipedia.org/wiki/Almost_surely

https://en.wikipedia.org/wiki/Infinite_monkey_theorem

so, to "make things more clear". This also means that given a infinite time, it is "almost sure" that you lose infinite times in a row and also win infinite times in a row.

Edit: as this can make some confusion, let me quote that "there is no difference between almost surely and surely" so, when I said that dooglus is almost completely correct I want to say that he is completely correct.
member
Activity: 80
Merit: 10
Just a cross-post for it's general relevance.

SDice really needs to hurry up and add accounts along side no account betting. That way they can have almost instant win/loss notifications, save on costs with bulk payouts, stop bloating the blockchain so much if people adopt this account shiz niz. Pretty much all other gambling websites (using btc) have done this, yet SD refuses to leave the dark ages of the crypo era.

SD needs, if they wanna stay competitive:
- Accounts / along side their current system
- New games, inclusive of their current game.
- Friendlier UI (It's still just a shit tonne of numbers on a screen)
- Chat features, both text voice and video for certain rooms/games
- BTC related advertisement's. (Yes we all hate ad's, but because Bitcoin is in it's infancy right now it's imperative that we give new business the ability to gain public eye to a community of people more susceptible to seeing value in that business. Extra revenue, along side supporting BTC growth is certainly not a bad thing. I would implore all large and successful Bitcoin companies to implement some sort of unobtrusive advertising block on their site, while allowing them to vet who they deem to be appropriate and charge on the same basis too.

If ANY of these suggestions get implemented I guarantee it will have a positive effect on share prices, SD usage and consumer enjoyment.
hero member
Activity: 504
Merit: 500

I'd just like to stop in here and say congrats to the dice team on their recent publicity.

It looks like you and exante hired the same marketing firm? 

The only question is, why have you not yet hired dooglus?   


So true on the dooglus part lol. He'd be perfect for SD
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
because he is US
legendary
Activity: 1264
Merit: 1008

I'd just like to stop in here and say congrats to the dice team on their recent publicity.

It looks like you and exante hired the same marketing firm? 

The only question is, why have you not yet hired dooglus?   
 



 

hero member
Activity: 952
Merit: 1009
It's called "covering their own asses". Nothing will change for US players as it's technically impossible (unless of course you go the route of constantly generating new 1sdice-adresses), but Voorhees will be able to say "Look, we TOLD them they're not allowed to play" when his door gets kicked in.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
I said by default

Sure, but how? By default US players can't access the website without using TOR, but I'm fairly certain they'll still be able to play.
sr. member
Activity: 294
Merit: 250
I said by default
legendary
Activity: 1176
Merit: 1001
minds.com/Wilikon
Could this be good news for the blockchain?
Just kidding!  Grin

Seriously all those "step backs" are legitimising the bitcoin value more and more. Gambling with bitcoin only should not be a problem in the future. Lots of opportunities for solid, legit companies should arise as this space is wide open.

This is the site I am hoping will bring the market away from amateurism, if they do not screw up with their app (when they decide to launch)
http://infinitipoker.com/
hero member
Activity: 504
Merit: 500
On the bright side, US players by default won't lose money playing SD anymore. Take it as a blessing in disguise.

Why? How could US players be prevented from using SD?

New US players maybe
donator
Activity: 2058
Merit: 1007
Poor impulse control.
On the bright side, US players by default won't lose money playing SD anymore. Take it as a blessing in disguise.

Why? How could US players be prevented from using SD?
sr. member
Activity: 294
Merit: 250
On the bright side, US players by default won't lose money playing SD anymore. Take it as a blessing in disguise.
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
BTC came back. Sorry for the freakout.

No worries, it's understandable.
newbie
Activity: 11
Merit: 0
BTC came back. Sorry for the freakout.
legendary
Activity: 2506
Merit: 1010
It would have been really nice if you guys posted that on your website today. I bet 3 btc, completely unaware of this and have received nothing back, nor a response from your support. Are you just taking the funds sent and running? What gives?

SatoshiDICE has no way to know from which jurisdiction a payment was sent.  The bitcoin network doesn't track, record or report that info.  Your wager is no different from anyone else's wager.
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
It would have been really nice if you guys posted that on your website today. I bet 3 btc, completely unaware of this and have received nothing back, nor a response from your support. Are you just taking the funds sent and running? What gives?

I imagine your transaction might find its way back to you.
hero member
Activity: 504
Merit: 500
WTF???
Maybe the title should be changed to something like:

SatoshiDICE.com - Everywhere in the World (Except the USA)'s Most Popular Bitcoin Game
newbie
Activity: 11
Merit: 0
It would have been really nice if you guys posted that on your website today. I bet 3 btc, completely unaware of this and have received nothing back, nor a response from your support. Are you just taking the funds sent and running? What gives?
hero member
Activity: 952
Merit: 1009
To re-confirm, SatoshiDICE_PR is a legitimate account and the representative of SD. The announcement is legitimate.

Are we sure this is Eric Voorhees behind this account and not simply another account taken over by a hacker?

I mean this does not sound like Eric Voorhees at all. Where is the bravado?
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