SatoshiDICE.com - The World's Most Popular Bitcoin Game - page 224.

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: Gyrsur on December 28, 2012, 05:50:41 AM

what does this payout of 0.0000775 mean? a loss or a win? does this mean it is a win and the pot is running out of cash?

http://blockchain.info/tx-index/39708736/67c62117b8a8c2a6a5d78c2bc9dbe749706a377477fb686e9437ed4b84c2856d

thanks!

EDIT: the bet was 0.1155 with a fee of 0.0005 (http://blockchain.info/tx-index/39708718/8429a00bbc6b2bd4788636a44f698d4b0bac8991e5cbf405d9d21ad751606ca2). if it is a loss then the payout should be 0.00000001 with a fee of 0.0005. if it is a win then the payout should be 0.23094444 with a fee of 0.0005.

You bet 0.1155 and lost.

Losing bets pay out 0.005 times the bet, minus a fee of 0.0005 (or 0.00000001, whichever is greater)

Code:

(0.1155 * 0.005) - 0.0005 = 0.0000775

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: GoWest on December 28, 2012, 12:57:05 AM

Quote from: ?? on ??

All right thanks. IF you're that ahead, id stop.. I lost 150 BTC playing S.73 and S.48

Trust me, after seeing the guy who lost 18 consecutive 250 BTC bets at or near the 50% odds, I am beginning to realize I lucky I have been.

Yeah I watch that happen, it was so unbelievable, so many 250BTC bets, all lost. I thought eric was testing his website or something with fake bets.

PS: post #1000 in this thread, woot!

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

what does this payout of 0.0000775 mean? a loss or a win? does this mean it is a win and the pot is running out of cash?

http://blockchain.info/tx-index/39708736/67c62117b8a8c2a6a5d78c2bc9dbe749706a377477fb686e9437ed4b84c2856d

thanks!

EDIT: the bet was 0.1155 with a fee of 0.0005 (http://blockchain.info/tx-index/39708718/8429a00bbc6b2bd4788636a44f698d4b0bac8991e5cbf405d9d21ad751606ca2). if it is a loss then the payout should be 0.00000001 with a fee of 0.0005. if it is a win then the payout should be 0.23094444 with a fee of 0.0005.

EDIT2: I cannot reproduce the calculation as it is described on satoshidice.com. If I bet 0.01 to "lessthan 32000" (48.8281%) with a fee of 0.0005 (http://blockchain.info/tx-index/39712642/e160afb43d9a8991ebcdf8b0f94b45bfe26e07a1e6b8b680459de566272d2ccd) my return is 0.01953848 (http://blockchain.info/tx-index/39712654/dc58aada12bbc5e2197ed99d78c966c76b5a1c2e241a1b9013a4fcc7b5ab24a3)?? My math expected a return of 0.01965924 (0.01 x 2.004 x 0.981) (bet x price multiplier x expected return) as described on the website.

John (John K.)

legendary

Activity: 1288

Merit: 1227

Away on an extended break

Quote from: evoorhees on December 22, 2012, 09:29:55 AM

Quote from: GoWest on December 22, 2012, 12:32:06 AM

I <3 SatoshiDice. Kiss

I hate you and hope you die

Bowjob

sr. member

Activity: 294

Merit: 250

Let's see...

1-bincomcdf (18, 0.48, 0) = 99.999% chance that he would win at least once with satoshi 48. Daym

GoWest

hero member

Activity: 563

Merit: 501

betwithbtc.com

Quote from: ?? on ??

All right thanks. IF you're that ahead, id stop.. I lost 150 BTC playing S.73 and S.48

Trust me, after seeing the guy who lost 18 consecutive 250 BTC bets at or near the 50% odds, I am beginning to realize I lucky I have been.

GoWest

hero member

Activity: 563

Merit: 501

betwithbtc.com

Quote from: ?? on ??

Just out of curiosity, which S dice did you play on?

Anywhere between 1.5% and 50% odds.

GoWest

hero member

Activity: 563

Merit: 501

betwithbtc.com

Quote from: GoWest on December 22, 2012, 12:32:06 AM

I <3 SatoshiDice. Kiss

Well, this hasn't yet ended in tears:

264 BTC from the top of the leaderboard. Will I make it?!?!

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: payb.tc on December 26, 2012, 11:17:12 PM

Quote from: giantdragon on December 26, 2012, 07:15:00 PM

Quote from: Third Way on December 26, 2012, 06:45:12 PM

How do you bet on S.D.? Huh

Smart people don't bet here Grin

maybe the smart ones bet here:
https://bitcointalksearch.org/topic/closed-sdice-satoshidice-100-dividend-paying-asset-on-mpex-101902

i wouldn't know though, my IQ is only seventy eleventeen.

Seventy eleventeen is ok. It's still in the top levenge percentile.

nimda

hero member

Activity: 784

Merit: 1000

0xFB0D8D1534241423

Quote from: payb.tc on December 26, 2012, 11:17:12 PM

Quote from: giantdragon on December 26, 2012, 07:15:00 PM

Quote from: Third Way on December 26, 2012, 06:45:12 PM

How do you bet on S.D.? Huh

Smart people don't bet here Grin

maybe the smart ones bet here:
https://bitcointalksearch.org/topic/closed-sdice-satoshidice-100-dividend-paying-asset-on-mpex-101902

i wouldn't know though, my IQ is only seventy eleventeen.

If you can't beat the house, be the house!

payb.tc

hero member

Activity: 812

Merit: 1000

Quote from: giantdragon on December 26, 2012, 07:15:00 PM

Quote from: Third Way on December 26, 2012, 06:45:12 PM

How do you bet on S.D.? Huh

Smart people don't bet here Grin

maybe the smart ones bet here:
https://bitcointalksearch.org/topic/closed-sdice-satoshidice-100-dividend-paying-asset-on-mpex-101902

i wouldn't know though, my IQ is only seventy eleventeen.

giantdragon

legendary

Activity: 1582

Merit: 1002

Quote from: Third Way on December 26, 2012, 06:45:12 PM

How do you bet on S.D.? Huh

Smart people don't bet here Grin

Third Way

full member

Activity: 238

Merit: 100

How do you bet on S.D.? Huh

I am not good with computer
For reference -> http://imgur.com/TLQer

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: hamdi on December 25, 2012, 01:35:02 PM

is this normal? are they processed later on?

Yes, it happens sometimes, but the bets always get paid in the end.

I notice yours have been processed now.

hamdi

hero member

Activity: 826

Merit: 500

satoshidice is forgetting some TX...

http://satoshidice.com/full.php?tx=e23e633932ad8b9df40c0d74e237e64b239e3dabaf133ec6f9d250c48f76b765

is this normal? are they processed later on?

GoWest

hero member

Activity: 563

Merit: 501

betwithbtc.com

Quote from: evoorhees on December 22, 2012, 09:29:55 AM

Quote from: GoWest on December 22, 2012, 12:32:06 AM

I <3 SatoshiDice. Kiss

I hate you and hope you die

On a related note, how often do the "Big Wins" and "Leaderboard" tables get updated?

kano

legendary

Activity: 4592

Merit: 1851

Linux since 1997 RedHat 4

Quote from: 🏰 TradeFortress 🏰 on December 24, 2012, 05:07:11 AM

Quote from: evoorhees on December 22, 2012, 09:29:55 AM

Quote from: GoWest on December 22, 2012, 12:32:06 AM

I <3 SatoshiDice. Kiss

I hate you and hope you die

Are you serious?

People should play on swings and trampolines.

Sigh - did you even read the post above yours?

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Quote from: evoorhees on December 22, 2012, 09:29:55 AM

Quote from: GoWest on December 22, 2012, 12:32:06 AM

I <3 SatoshiDice. Kiss

I hate you and hope you die

Are you serious?

People should play on clone dice / nakabot now.

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: giantdragon on December 24, 2012, 01:42:09 AM

Quote from: organofcorti on December 24, 2012, 01:18:00 AM

I never said that SatoshiDICE cheats!

No you didn't, so I was probably reading too much into the post.
I just reminded that any casino set rules in the way to make players lose and don't like if someone wins. Negative expected value is 100%
legitimate and may be OK for the people who are unaware of maths, but I would never play in these casinos, IMHO.

I also wouldn't gamble long term when the expected return is less than zero. There are some use cases however - if the cash you have is less than you need in order to buy your next meal, then the loss of that cash in gambling is not a negative outcome for the player (unless excessive gambling caused the player to be in such dire straits). In general however I agree with you.

So that brings us to you quoting "I hate you and hope you die" to back up your point. Since you're not implying that SD cheats, you must have missed the humour in the post.

Anyway, don't respond. I hate you and hope you die.

giantdragon

legendary

Activity: 1582

Merit: 1002

Quote from: organofcorti on December 24, 2012, 01:18:00 AM

Are you saying SatoshiDice cheats? Can you prove it, or are you just spreading FUD because of your own personal beliefs? You should make your position a little clearer, and if you are implying that SatoshiDice is not playing by their own rules you'd best have some proof.

I never said that SatoshiDICE cheats! I just reminded that any casino set rules in the way to make players lose and don't like if someone wins. Negative expected value is 100% legitimate and may be OK for the people who are unaware of maths, but I would never play in these casinos, IMHO.

Topic: SatoshiDICE.com - The World's Most Popular Bitcoin Game - page 224. (Read 495688 times)