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Topic: SatoshiRoulette.com (Read 3947 times)

sr. member
Activity: 364
Merit: 252
September 08, 2012, 08:29:52 AM
#47
Old secret:
Code:
7fcfda861d56ac9384dfcd735afeb3637c29f132dd6b3ff70421e1755c27a683

Code monkey will be implementing automatic secret uploading to our web space shortly.
We will be implementing a new front end shortly, having sourced a suitable web developer.
sr. member
Activity: 364
Merit: 252
September 04, 2012, 06:43:51 AM
#46
Quick announcement:

Bets under 0.1 BTC that win have 0.005 BTC deducted to help us cover the cost of tx fees on small bets, this applies for all our games.

Min bet: 0.01 BTC
Max bet single: 0.5 BTC
Max bet all other: 1 BTC
sr. member
Activity: 364
Merit: 252
September 02, 2012, 12:36:12 AM
#45
Max bet for single numbers is now 0.5 btc.
All other max bets are now 2 btc.

all games (roulette, rock paper scissors, ladders, etc) now run off a single engine.
We run a copy of this engine for each currency we support, currently 2 (ltc and btc).

Work will begin shortly on special roulette bets.

code monkey has begun work on allowing multiple bets to be placed in the one transaction.
This allows players to make several bets on the roulette table for each ball drop.
sr. member
Activity: 364
Merit: 252
September 01, 2012, 06:48:09 AM
#44
Code:
Bad Baby !

Jackpot: 0.015 BTC
Jackpot Kicker: 0.0375 BTC
Jackpot Donation: 25%
Jackpot Trigger: 0
Jackpot Count: 0
Payout: 97.125%
Min Bet: 0.02 BTC
Max Bet: 0.5 BTC
1ChKqdVbe3S9RZ2qYyykgZN6kHbr5qyiwR

4  :   300.0000% ( 1.50000000 BTC ) + prog jackpot of 0.015 BTC
3  :     5.0000% ( 0.02500000 BTC )
2  :     2.0000% ( 0.01000000 BTC )
1  :     1.0000% ( 0.00500000 BTC )

The 4 returns total to 308%.  So that's a 77% payout (308/4).  I don't see how you get from there to the claimed 97.125% payout.  If I add on the 25% jackpot donation I get 102%, so that's not it.

Donation

The percentage of a players losses that are contributed to the jackpot.
eg: player bets 1, wins 0.5 loss = 0.5. Donation = 10%, 0.05 is donated to the jackpot.

OK, so in the example I quoted, 25% of losses are put back into the pot.  There's a 77% payout from the raw percentages, so 23% is lost.  25% of 23% is 5.75% which eventually goes back to the player, so the total payout seems to be 77% + 5.75% = 82.75%.

Where am I going wrong now?

Are you claiming that the theoretical payout is 97.125%, or just that that's what you've paid out so far?


Code:
SUM Round Payout          3.080 BTC
Pot Kicker                0.075 BTC
SUM Round Pot Donations   0.730 BTC
Payout+Kicker+Donations   3.885 BTC
Odds                      77.00%
Donation                  25.00%
Pot Kicker                1.88%
Total Payout              97.13%

# Payout losses Player donations
4 3 0 0
3 0.05 0.95 0.2375
2 0.02 0.98 0.245
1 0.01 0.99 0.2475

The average payout for Bad Baby ! is 97.13%
This includes, jackpot kicker, average round jackpot donations.

A round is how many results are picked before the jackpot is won - for this game it averages out to 4 game results per round.

There will of course be cases when the payout average for a single round is higher than the average for all rounds.
For this game it would be as simple as collecting the jackpot on the 1st result of the round.

The opposite could also happen where a round lasts an unusually long time, the jackpot itself would  be huge but due to the kicker being contributed one per round the payout average for that round may be slightly lower.
sr. member
Activity: 364
Merit: 252
September 01, 2012, 06:30:36 AM
#43
Old secret

Code:
18Tux235aoSZOCwEbk3IjKoLT9XeMfmtWX8IG0avWY3M8bJstHOtk8hPFIuMDTB0Sv6nnqKTqUKSNwsHiQAiYyjoXjjk6vQWIz0GEp

New secret is now in play.
legendary
Activity: 2940
Merit: 1333
August 30, 2012, 11:07:00 AM
#42
Code:
Bad Baby !

Jackpot: 0.015 BTC
Jackpot Kicker: 0.0375 BTC
Jackpot Donation: 25%
Jackpot Trigger: 0
Jackpot Count: 0
Payout: 97.125%
Min Bet: 0.02 BTC
Max Bet: 0.5 BTC
1ChKqdVbe3S9RZ2qYyykgZN6kHbr5qyiwR

4  :   300.0000% ( 1.50000000 BTC ) + prog jackpot of 0.015 BTC
3  :     5.0000% ( 0.02500000 BTC )
2  :     2.0000% ( 0.01000000 BTC )
1  :     1.0000% ( 0.00500000 BTC )

The 4 returns total to 308%.  So that's a 77% payout (308/4).  I don't see how you get from there to the claimed 97.125% payout.  If I add on the 25% jackpot donation I get 102%, so that's not it.

Donation

The percentage of a players losses that are contributed to the jackpot.
eg: player bets 1, wins 0.5 loss = 0.5. Donation = 10%, 0.05 is donated to the jackpot.

OK, so in the example I quoted, 25% of losses are put back into the pot.  There's a 77% payout from the raw percentages, so 23% is lost.  25% of 23% is 5.75% which eventually goes back to the player, so the total payout seems to be 77% + 5.75% = 82.75%.

Where am I going wrong now?

Are you claiming that the theoretical payout is 97.125%, or just that that's what you've paid out so far?
sr. member
Activity: 364
Merit: 252
August 29, 2012, 10:33:39 PM
#41
Can you explain how the ladder game works please?  I can't see how you arrived at the house edge numbers you state.

To pick a simple example:

Code:
Bad Baby !

Jackpot: 0.015 BTC
Jackpot Kicker: 0.0375 BTC
Jackpot Donation: 25%
Jackpot Trigger: 0
Jackpot Count: 0
Payout: 97.125%
Min Bet: 0.02 BTC
Max Bet: 0.5 BTC
1ChKqdVbe3S9RZ2qYyykgZN6kHbr5qyiwR

4  :   300.0000% ( 1.50000000 BTC ) + prog jackpot of 0.015 BTC
3  :     5.0000% ( 0.02500000 BTC )
2  :     2.0000% ( 0.01000000 BTC )
1  :     1.0000% ( 0.00500000 BTC )

The 4 returns total to 308%.  So that's a 77% payout (308/4).  I don't see how you get from there to the claimed 97.125% payout.  If I add on the 25% jackpot donation I get 102%, so that's not it.

See my confusion?  Smiley

It would be useful to have a full description of how the game works.  There's no mention of the word "kicker" except for in the game table itself, so I'm not sure what that means.  Is that the amount you initialise the jackpot at when it's won?  No, it can't be because the jackpot is currently smaller than the kicker in the quoted example above.

Sorry for that, we are working on a much nicer html page Wink
We recently had someone ask the same questions for our litecoin ladders.

Jackpot Counts, Trigger, Kicker and Donations

Trigger

The number the count must equal to collect the jackpot.
eg 4, requires the jackpot number to be hit 3 times and on the forth time the player collects the jackpot.
Only max bets can collect the trigger jackpot, but any size bet can increase the counter if it hits the jackpot number.

A trigger allows games to build a respectable jackpot over time, see our D20 game for an example.

Count

The number of times the jackpot has been hit this round.
The count is reset when the jackpot is collected (some games requires a trigger).

Kicker

When the jackpot is collected, the new jackpot is kicked with this amount.

Donation

The percentage of a players losses that are contributed to the jackpot.
eg: player bets 1, wins 0.5 loss = 0.5. Donation = 10%, 0.05 is donated to the jackpot.
legendary
Activity: 2940
Merit: 1333
August 29, 2012, 05:33:31 PM
#40
Can you explain how the ladder game works please?  I can't see how you arrived at the house edge numbers you state.

To pick a simple example:

Code:
Bad Baby !

Jackpot: 0.015 BTC
Jackpot Kicker: 0.0375 BTC
Jackpot Donation: 25%
Jackpot Trigger: 0
Jackpot Count: 0
Payout: 97.125%
Min Bet: 0.02 BTC
Max Bet: 0.5 BTC
1ChKqdVbe3S9RZ2qYyykgZN6kHbr5qyiwR

4  :   300.0000% ( 1.50000000 BTC ) + prog jackpot of 0.015 BTC
3  :     5.0000% ( 0.02500000 BTC )
2  :     2.0000% ( 0.01000000 BTC )
1  :     1.0000% ( 0.00500000 BTC )

The 4 returns total to 308%.  So that's a 77% payout (308/4).  I don't see how you get from there to the claimed 97.125% payout.  If I add on the 25% jackpot donation I get 102%, so that's not it.

See my confusion?  Smiley

It would be useful to have a full description of how the game works.  There's no mention of the word "kicker" except for in the game table itself, so I'm not sure what that means.  Is that the amount you initialise the jackpot at when it's won?  No, it can't be because the jackpot is currently smaller than the kicker in the quoted example above.
newbie
Activity: 36
Merit: 0
August 28, 2012, 07:18:32 PM
#39
Litecoin support as well now? Good job SRoulette - now I have something else to do with my LTC apart from trading them to BTC  Grin
sr. member
Activity: 364
Merit: 252
August 28, 2012, 06:41:29 AM
#38
We are happy to announce we now support litecoins on our roulette game Smiley

http://satoshiroulette.com/ltc/

Minimum bet to high on btc roulette ?, try your luck with the cheaper litecoins.
sr. member
Activity: 364
Merit: 252
August 26, 2012, 07:07:25 AM
#37
Greetings players Smiley

We have added support for LTC to our ladders game, soon to be added to roulette as well Cheesy

announcement thread: https://bitcointalksearch.org/topic/satoshiroulettecom-now-trialing-ltc-games-103363
sr. member
Activity: 364
Merit: 252
August 18, 2012, 02:05:48 AM
#36
Secret changed, old secret

Code:
OijQafWZwhsL8huIyRBJgJsPUmrDA6of151ZjLFdRwBNbEq5FO9SzM0CJjQnEtHu3I2fp8OuO7KUnHqhXinYdvYoXLWeZcRUTSz27aQBvPoNrNeeKf0S632Stms0GtGXI0Bv7rOTesYxOjIldhrXL7ltDx5RNjR6UxWjrjKmfcXzksLmSRIDTB9D5M3Dr4IotJZHk8DX

Min bet: 0.05 btc
Max bet 0.75 btc

Completed public testing phase for roulette successfully.
Unfortunately our web designer has been delayed and was unable to complete the new site in time, so we are launching officially with the programers demo site.

mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
August 17, 2012, 10:12:22 PM
#35
Just noted an error in the FAQ

Quote
Winning:
0.00000016 is added to your winnings.
 So you would recieve:
 0.200000XX (eg 0.20000016).
Losing:
 you will recieve: 0.20000016

Bolded should be 0.00000016, should it not?

Otherwise looks good, look foward to wasting some money  Cheesy

maybe its legit !, brb Im making several thousand bets against satoshiroulette Smiley
newbie
Activity: 87
Merit: 0
August 17, 2012, 07:36:42 AM
#34
Just noted an error in the FAQ

Quote
Winning:
0.00000016 is added to your winnings.
 So you would recieve:
 0.200000XX (eg 0.20000016).
Losing:
 you will recieve: 0.20000016

Bolded should be 0.00000016, should it not?

Otherwise looks good, look foward to wasting some money  Cheesy
sr. member
Activity: 364
Merit: 252
August 16, 2012, 09:26:13 PM
#33
Hi All.

Our first 2 weeks of public testing have gone extremely well, thank you so much for playing on our  table.
The secret will be changed and announced this weekend.

We will also have some more games being launched this weekend.

We are looking for web and graphics designers to help create themes for our games.
Please send a PM if interested.
legendary
Activity: 2940
Merit: 1333
August 06, 2012, 04:23:51 PM
#32
New features coming: last 20 numbers rolled (help you grind those stats) via bultin twitter feed.

We would like to announce big winners as a way of promoting the site but as some players may prefer to remain anonymous they may not like us advertising their 18btc win + txid + address. Thoughts ?

Your big winning bets are already public since your bet addresses are known.  Anyone can look up all the results on the blockchain.

If people want to be anonymous they need to make sure they can't be linked to their bet transaction, which is their responsibility, not yours.

So I say go ahead and list the biggest winners and biggest losers, just like SatoshiDice does on their front page.
sr. member
Activity: 364
Merit: 252
August 06, 2012, 06:10:52 AM
#31
New features coming: last 20 numbers rolled (help you grind those stats) via bultin twitter feed.

We would like to announce big winners as a way of promoting the site but as some players may prefer to remain anonymous they may not like us advertising their 18btc win + txid + address. Thoughts ?
sr. member
Activity: 364
Merit: 252
August 05, 2012, 12:32:40 AM
#30
I am happy to announced that we are back online with the new European table.
The secret has also been changed (the old secret was announced in the post above).

We are now running the new bet range:
Min: 0.01 BTC
Max: 0.60 BTC


Come take advantage of the new 2.7% house edge
sr. member
Activity: 364
Merit: 252
August 04, 2012, 10:36:59 PM
#29
Thanks McLovin - what me worry ?

SITE IS CURRENTLY DOWN FOR MAINTENANCE

New min and max bets being configured now:
Min: 0.01 BTC
Max: 0.60 BTC

Table is being swapped to Euro style table (house edge of 2.7%).

The old secret (generated from random.org) is:


Code:
6qd4F6JhDEURqTAODfirYtWS8RuIUYGYcieiI9FY6moxuMuFtK1pJYdhF2bOCHxIzntN2GJjxUUKKcHt7luuMMqdoWeLsgbqwJzt

I will bump this thread once my upgrades are complete.

Thanks to all our early players we should be out of test stage soon.
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
August 03, 2012, 02:14:38 PM
#28
Max Bet: 0.50
Mix Bet: 0.05
Mix bet? lol

added to the bitcoin gambling websites list!
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