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Topic: What best contest for this kind of games? - page 2. (Read 708 times)

sr. member
Activity: 952
Merit: 339
invest trade and gamble wisely
....

@OP Can you explain how did you calculate the house edge? I'm not an expert in this but would expect to receive 1.99*my bet if the HE is 1% ( you offer only 1.98*my bet ).

1.98x is 1% house edge. 1.99x is 0.5% house edge. Google for more...

OP, you 1st need to add bitcoin and then may be a wagering contest will be the best way to promote your game. But with escrow of the prize. Otherwise nobody will participate.
But it makes no sense. According this logic the 1.5x payout would be 25% HE and 1x payout would be 50% HE ? How come  Huh   Theoretical max HE should be 100%.
Thats why I asked how it is calculated as I have no experience and just tried to apply common sense.

I did some quick googling and found this formula: House edge = 1 - (return / loss)  (source)  which gives me -98% ( assuming this number reflects the 2% HE).
Feel free to educate me. 
full member
Activity: 1022
Merit: 100
Create an easy to use provably fair dice game. Player who rolls 88.88 with min bet amount 0.00001 BTC wins the jackpot which immediately goes to their account and they can withdraw.

Wow, great idea!
We will add jackpot soon Smiley
Our game have automatic payout, no need withdraw.
Thanks!
hero member
Activity: 756
Merit: 505
You can do free bets. There are plenty of ways you can do it, like if it is their first game and post their IDs and the transaction on a thread for games and rounds.
You will refund them if they lose or just give them what they deposited even if they win or lose.
Or something like that. Usually that is the promotion similar games do for their players.
hero member
Activity: 1274
Merit: 622
Create an easy to use provably fair dice game. Player who rolls 88.88 with min bet amount 0.00001 BTC wins the jackpot which immediately goes to their account and they can withdraw.
legendary
Activity: 1582
Merit: 1059
Hello,

What best contest for this kind of games?
This is easy odd-even game with provably fair, without registrations.
I want run simple contest.
Please post your opinion.

Thanks to all!

Right now I only see two options here. Highest wager or highest wins in a row. Of course the last one is luck based, but so it's the game, so at least that one things would be more "fair" to everyone I guess, instead of just seeing who has more money to spent. Of course that guys with more money to spent have a higher chance of getting a higher wining streak, but some lucky user could still beat them, so I prefer that.
legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
....

@OP Can you explain how did you calculate the house edge? I'm not an expert in this but would expect to receive 1.99*my bet if the HE is 1% ( you offer only 1.98*my bet ).

1.98x is 1% house edge. 1.99x is 0.5% house edge. Google for more...

OP, you 1st need to add bitcoin and then may be a wagering contest will be the best way to promote your game. But with escrow of the prize. Otherwise nobody will participate.
sr. member
Activity: 952
Merit: 339
invest trade and gamble wisely
I guess the only contest you can do with such game is related to wagered amount.

User who wager most (maybe the one who win/lost the most) will win some reward or alternatively can win the user with most win/lose streaks.
I think you can take a contest example from some dice gambling sites because this game is almost the same as dice game that only have a slight differences so you do not have many options to made a contest.

Ok, but this game without registration.
How can I check wager?

For begins 0.01 LTC for free https://bitcointalksearch.org/topic/oddevenbetscom-001-ltc-for-free-2038173

Thank you.

Well you can check all depositing/playing addresses. Then announce/pay the wining one.
This would require people to use same address repeatedly which is not convenient. So other way is to ask participants to provide all their addresses and prove owneship (by signing message eg.) and then announce the winners. (thinkinig it twice  ... Im affraid this would not be fully transaparent and fair as multiple users can colaborate claiming they are one person ... but thats actually not a big deal for you as your target is to attract users right? ) 

It would probably be more user-friendly to enable registrations instead of having the user signing all those addresses and then you yourself having to verify all of those..

Ofcourse, let people play without registration!
Just set an option for them so they can register and participate in contests Smiley

True. It's pretty unhandy and I agree with the idea to register those who want participate in contest. Good point.
To take it more into details the entire process could be automated by some script and OP could make interface to ease users proving the ownership ... still not entirely smooth but could work.

@OP Can you explain how did you calculate the house edge? I'm not an expert in this but would expect to receive 1.99*my bet if the HE is 1% ( you offer only 1.98*my bet ).
hero member
Activity: 644
Merit: 500
before directbet close service
i think the best contest directbet tipster contest, good reward and only high profit sport betting
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
I guess the only contest you can do with such game is related to wagered amount.

User who wager most (maybe the one who win/lost the most) will win some reward or alternatively can win the user with most win/lose streaks.
I think you can take a contest example from some dice gambling sites because this game is almost the same as dice game that only have a slight differences so you do not have many options to made a contest.

Ok, but this game without registration.
How can I check wager?

For begins 0.01 LTC for free https://bitcointalksearch.org/topic/oddevenbetscom-001-ltc-for-free-2038173

Thank you.

Well you can check all depositing/playing addresses. Then announce/pay the wining one.
This would require people to use same address repeatedly which is not convenient. So other way is to ask participants to provide all their addresses and prove owneship (by signing message eg.) and then announce the winners. (thinkinig it twice  ... Im affraid this would not be fully transaparent and fair as multiple users can colaborate claiming they are one person ... but thats actually not a big deal for you as your target is to attract users right? ) 

It would probably be more user-friendly to enable registrations instead of having the user signing all those addresses and then you yourself having to verify all of those..

Ofcourse, let people play without registration!
Just set an option for them so they can register and participate in contests Smiley
sr. member
Activity: 952
Merit: 339
invest trade and gamble wisely
I guess the only contest you can do with such game is related to wagered amount.

User who wager most (maybe the one who win/lost the most) will win some reward or alternatively can win the user with most win/lose streaks.
I think you can take a contest example from some dice gambling sites because this game is almost the same as dice game that only have a slight differences so you do not have many options to made a contest.

Ok, but this game without registration.
How can I check wager?

For begins 0.01 LTC for free https://bitcointalksearch.org/topic/oddevenbetscom-001-ltc-for-free-2038173

Thank you.

Well you can check all depositing/playing addresses. Then announce/pay the wining one.
This would require people to use same address repeatedly which is not convenient. So other way is to ask participants to provide all their addresses and prove owneship (by signing message eg.) and then announce the winners. (thinkinig it twice  ... Im affraid this would not be fully transaparent and fair as multiple users can colaborate claiming they are one person ... but thats actually not a big deal for you as your target is to attract users right? ) 
full member
Activity: 1022
Merit: 100
I guess the only contest you can do with such game is related to wagered amount.

User who wager most (maybe the one who win/lost the most) will win some reward or alternatively can win the user with most win/lose streaks.
I think you can take a contest example from some dice gambling sites because this game is almost the same as dice game that only have a slight differences so you do not have many options to made a contest.

Ok, but this game without registration.
How can I check wager?

For begins 0.01 LTC for free https://bitcointalksearch.org/topic/oddevenbetscom-001-ltc-for-free-2038173

Thank you.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
I guess the only contest you can do with such game is related to wagered amount.

User who wager most (maybe the one who win/lost the most) will win some reward or alternatively can win the user with most win/lose streaks.
I think you can take a contest example from some dice gambling sites because this game is almost the same as dice game that only have a slight differences so you do not have many options to made a contest.
sr. member
Activity: 952
Merit: 339
invest trade and gamble wisely
I guess the only contest you can do with such game is related to wagered amount.

User who wager most (maybe the one who win/lost the most) will win some reward or alternatively can win the user with most win/lose streaks.
full member
Activity: 1022
Merit: 100
Hello,

What best contest for this kind of games?
This is easy odd-even game with provably fair, without registrations.
I want run simple contest.
Please post your opinion.

Thanks to all!
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