♨️🎲 WINDICE.io 🎲 0.3 BTC Wagering Contest 🔰 Progressive Faucet💰 Jackpots 🎁❤ - page 56.

Lakai01

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Quote from: MonsterV on November 01, 2019, 12:17:44 AM

Well, 1% loss of the wagering amount doesn't matter because the first winner will have the most to gain from the prize. This became a pretty fierce contest for the first and second winners in the future, because of course they will compete with more wagering. And I hope Windice considers the prize for the first to third winners so that the prize doesn't far differ too much.

It doesnt matter for the first place, thats right. But the second place barely broke even when you consider the house edge due to the fact that the prizes differ that much
-> Letting the prizes differ that much is a hugh incentive for the players

MonsterV

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Quote from: ahmadakbari on October 31, 2019, 11:44:39 PM

Quote from: KennyR on October 31, 2019, 07:59:57 PM

The top two has got a very minimal difference on the wagered amount. The last minutes have given hard competence between the two. For the small difference what the second position taker missed is a big amount. There is 0.065 btc difference, a win is always appreciable. Expecting more such competitions to take place over the days to come.

The prize the first winner won has a significant value. Assuming that this gambler has lost 1% of the wagering amount, he has won a big profit.
I expected much more wagering amount to be needed to win the first place. Because in the latest 3-day contest, the first winner had wagered 14 BTC. This was a 4-day contest and I expected even higher amounts.

Well, 1% loss of the wagering amount doesn't matter because the first winner will have the most to gain from the prize. This became a pretty fierce contest for the first and second winners in the future, because of course they will compete with more wagering. And I hope Windice considers the prize for the first to third winners so that the prize doesn't far differ too much.

ahmadakbari

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Quote from: KennyR on October 31, 2019, 07:59:57 PM

The top two has got a very minimal difference on the wagered amount. The last minutes have given hard competence between the two. For the small difference what the second position taker missed is a big amount. There is 0.065 btc difference, a win is always appreciable. Expecting more such competitions to take place over the days to come.

The prize the first winner won has a significant value. Assuming that this gambler has lost 1% of the wagering amount, he has won a big profit.
I expected much more wagering amount to be needed to win the first place. Because in the latest 3-day contest, the first winner had wagered 14 BTC. This was a 4-day contest and I expected even higher amounts.

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Quote from: dunfida on October 31, 2019, 06:30:34 PM

Congratulations to everyone who won specially the top spots or ranking on the wager event.

Quote from: livingfree on October 31, 2019, 06:07:45 PM

Yeah, that was a close fight for them but still they're both winners but with different prizes.

Prize difference is between half to each other thats why its more good to secure the higher one.
Top 1 and 2 do only have minimal gaps and as expected to happen for last minute where the real
big bets pops out. Grin

The top two has got a very minimal difference on the wagered amount. The last minutes have given hard competence between the two. For the small difference what the second position taker missed is a big amount. There is 0.065 btc difference, a win is always appreciable. Expecting more such competitions to take place over the days to come.

dunfida

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Congratulations to everyone who won specially the top spots or ranking on the wager event.

Quote from: livingfree on October 31, 2019, 06:07:45 PM

Yeah, that was a close fight for them but still they're both winners but with different prizes.

Prize difference is between half to each other thats why its more good to secure the higher one.
Top 1 and 2 do only have minimal gaps and as expected to happen for last minute where the real
big bets pops out. Grin

livingfree

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Quote from: windice on October 31, 2019, 03:10:26 PM

Congratulations to the winners of the Halloween contest!

Congrats and happy halloween to everyone.

I see that there's rodolman again, he's good and maintained himself from one of the top places of the contest which is #2.

Good job for windice again for running a great contest and I guess soon there will be again. And to those winners, you all deserve it!

Quote from: ahmadakbari on October 31, 2019, 03:03:53 PM

It was a big competition between two gamblers. Each of them wagered about 3 bitcoin in those 2 minutes and one them won the first place with only 0.13 BTC difference.

Yeah, that was a close fight for them but still they're both winners but with different prizes.

windice

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Congratulations to the winners of the Halloween contest!

ahmadakbari

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The contest just ended. I was refreshing the contest page in the last 2 minutes continuously. It was a big competition between two gamblers. Each of them wagered about 3 bitcoin in those 2 minutes and one them won the first place with only 0.13 BTC difference.

jostorres

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^It is already around 5 bitcoins last I checked, this is going to be a really entertaining at the last seconds. I really admire these people, not because they are rich which is also a reason why I really admire them and would love to be like them, these amounts are so high that I could live like a whole year with these contest amounts.

Yes, they are not "losing" that much money, that would have been crazy but they can afford this much money for sure which is why I admire them. I admire them because of their bravery, even if I had tons of money I wouldn't be able to brave enough to risk this much money, I love to gamble and I would set myself a certain amount to gamble considering that money gone and be able to gamble that way, but risking contest level of gambling would be very scary to me.

Betwrong

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I stand with Ukraine.

With less than 10 hours left till the end of the Halloween Contest the struggle is heating up. I have a feeling that the player who takes the 1st place currently

will remain there, because he keeps wagering while it seems like others from the top 3 have stopped playing. But who knows what can really happen next? Usually the last hour is the hottest one in such contests, so maybe we'll see new names in the top 3 closer to the finish.

I think the decision to give 64% of the prize pool to the top 3 players is the right one. Top places now are really worth fighting for. Good luck everyone! And

imstillthebest

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Quote from: darewaller on October 30, 2019, 03:43:00 PM

There is still some time to go that is why we haven't seen anything big yet. Usually the whales try to just get in at the last moment, sometimes too last moment because all of them rush at the last moments and sometimes even when they have the money for it some people end up in place they don't want to because they run out of time.

rush hour or rush minute is not a problem for those big time gamblers because they can always bet huge ( all in ) therfor they can still win the game or take the lead versus other waggerers that only wagger small amount of cryptos overtime .

thats what i also notice , that on every wagger race . people love to enter late to think that other players were confident enought about thier position . thats another one good strategy to win though

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Quote from: leea-1334 on October 30, 2019, 02:12:51 AM

Quote from: Lakai01 on October 30, 2019, 12:21:39 AM

Statistically speaking the prize you may win lowers the house edge. So you can wager more than you normally should, this can be perfectly seen in the last contests where the #1-spot was taken with way more than 10 BTC which looks odd at first glance (10 BTC * 1% house edge is 0.1 -> exactly the prize for the first place).

It is I think not to do with statistics (statistics show how chance translates into likelihood) here and even so,,, you are wrong. It does not lower the house edge. It makes up for it.

So in your example, the prize of 0.1 BTC will make up for the house edge, so the guy is break even, not positive.

If he has a referrer then the house is in negative.

Of course its statistics.
We discussed the dropping of the house edge a few pages back, here is the relevant quote of the discussion:

Quote from: jostorres on October 21, 2019, 04:50:29 PM

-snip-
Well, you are missing the point that he is dropping the house edge down. What would normally he get on a day there is no contest? 14 bitcoins wagered means 0.14 lost right? Well if he gets to win 0.1 of it back that means 14 btc is expected to lose 0.04 only and not 0.14 and that is why they play such huge amounts.

It is still not a guaranteed win but its at least a way to make some of it back, they could always get lucky and win some of it and that would mean break even or even profit for them. Sure they could lose a lot more as well but when you gamble 14 bitcoins there is a chance you hit some good rolls in a row and end up at the plus side. That's all they are trying to achieve here, yoloer even said he ended up with profiting on his second run for example.

TL;DR: You have to calculate the amount won because of the prize pool back in which leads to a drop of the house edge.

darewaller

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There is still some time to go that is why we haven't seen anything big yet. Usually the whales try to just get in at the last moment, sometimes too last moment because all of them rush at the last moments and sometimes even when they have the money for it some people end up in place they don't want to because they run out of time.

So, let's wait another 24 hours or so and see what the results will be like but I am guaranteeing there will be at least one 10+ btc somewhere, maybe 2 of them as well if yoloer comes back, dude played here for a while but the last one he wasn't around and on this one he is not around neither, if he comes back at the last second then it is all good but if he doesn't then rodolman still doesn't have any rivals and he would probably end up with low btc and good reward.

n0ne

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Quote from: atjiat on October 30, 2019, 02:23:33 PM

Quote from: ahmadakbari on October 27, 2019, 01:11:24 PM

Quote from: atjiat on October 27, 2019, 11:26:20 AM

Quote from: virasog on October 27, 2019, 04:59:45 AM

Quote from: Lakai01 on October 27, 2019, 04:47:03 AM

Quote from: bitgolden on October 26, 2019, 03:14:11 PM

-snip-
Plus, the big whales might have said it is enough and not really care.

You dont have to be a whale to take part in the contests and win. Its enough to have eg 0.1 BTC and autoplay 30-50 times. Chances are higher that you lose your astake, though

0.1 btc is not a small amount for many people and then its always a risk in gambling to lose all of the amount. Still people risk it on this and other sites with the hope to earn big.
Not everyone wins in gambling but lucky ones do change their fortune. Worth a try this contest at windice for the riches.

I completely agree with you, this is really a very large amount for many users who play dice. I try to use various resources, especially those where it is possible to use faucet, in order to try my luck and only then I can make a deposit for a certain amount, which I can risk. But this is definitely not 1/10 Bitcoin. If the statement that is written above is true, then for people like me, participation in the prize draw is closed?

It is possible to win a prize with much lower balance. In the last contest, the 10th winner of the contest had wagered only 0.18 BTC. If you have more than 0.002 BTC. you can reach this wagering amount.

Perhaps you are right, but with my knowledge and experience I could not achieve such a result. I believe that users with much more experience than mine can rise from 0.002 bitcoins to 0.18 bitcoins in a significantly short time and without loss.

Gambling is beyond experience, because this isn't like doing a routine job in which we know what happens next and what needs to be done. With gambling we can expect, and the reality might change if we're unlucky. With this in mind I believe experience is just a way of increasing the winning chance through the tricks and other strategies learned, while luck decides the winning.

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Quote from: ahmadakbari on October 27, 2019, 01:11:24 PM

Quote from: atjiat on October 27, 2019, 11:26:20 AM

Quote from: virasog on October 27, 2019, 04:59:45 AM

Quote from: Lakai01 on October 27, 2019, 04:47:03 AM

Quote from: bitgolden on October 26, 2019, 03:14:11 PM

-snip-
Plus, the big whales might have said it is enough and not really care.

You dont have to be a whale to take part in the contests and win. Its enough to have eg 0.1 BTC and autoplay 30-50 times. Chances are higher that you lose your astake, though

0.1 btc is not a small amount for many people and then its always a risk in gambling to lose all of the amount. Still people risk it on this and other sites with the hope to earn big.
Not everyone wins in gambling but lucky ones do change their fortune. Worth a try this contest at windice for the riches.

I completely agree with you, this is really a very large amount for many users who play dice. I try to use various resources, especially those where it is possible to use faucet, in order to try my luck and only then I can make a deposit for a certain amount, which I can risk. But this is definitely not 1/10 Bitcoin. If the statement that is written above is true, then for people like me, participation in the prize draw is closed?

It is possible to win a prize with much lower balance. In the last contest, the 10th winner of the contest had wagered only 0.18 BTC. If you have more than 0.002 BTC. you can reach this wagering amount.

Perhaps you are right, but with my knowledge and experience I could not achieve such a result. I believe that users with much more experience than mine can rise from 0.002 bitcoins to 0.18 bitcoins in a significantly short time and without loss.

panjul07

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Quote from: livingfree on October 29, 2019, 07:22:00 PM

Quote from: ahmadakbari on October 28, 2019, 06:49:47 AM

There is no guarantee that you can make more profit if you are in higher rank. Many times a gambler who wins the 10th place profits more than the first winner.
Shouldn't be greedy for bigger prizes. It can cost the gambler much more than the prize.

Quote from: panjul07 on October 28, 2019, 03:16:03 AM

It would be better if you do not aim for the prize of the competition. Focusing too much to compete for the prize of the competition may lead you to something bad, so you need to be realistic as well.

I understand you guys but you don't know what's on the mind of other participants. They wouldn't join a contest if they don't have any intention of winning and aiming for a nicer prize potential but as the prizes stated, they have an idea on how much they would get if they will put the most from them.

19 hours left for the contest, good luck everybody.

Yeah that's why I recommend anyone to be more realistic especially those who have limited small bankroll to join the contest.
Aiming for the prize at the beginning is good but we should also take a look at the process as well, at least we need to see our current position as well as position of other players.
It would be bad if once we make good profit but we force ourselves to get the contest prize while there is a big chance to lose what we have won.
All in all, it is just a suggestion but surely anyone has their own right to do anything during the contest.

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Quote from: Lakai01 on October 30, 2019, 12:21:39 AM

Statistically speaking the prize you may win lowers the house edge. So you can wager more than you normally should, this can be perfectly seen in the last contests where the #1-spot was taken with way more than 10 BTC which looks odd at first glance (10 BTC * 1% house edge is 0.1 -> exactly the prize for the first place).

It is I think not to do with statistics (statistics show how chance translates into likelihood) here and even so,,, you are wrong. It does not lower the house edge. It makes up for it.

So in your example, the prize of 0.1 BTC will make up for the house edge, so the guy is break even, not positive.

If he has a referrer then the house is in negative.

Lakai01

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Quote from: leea-1334 on October 29, 2019, 04:36:00 AM

Quote from: ahmadakbari on October 28, 2019, 06:49:47 AM

Quote from: livingfree on October 27, 2019, 07:46:18 PM

Another contest we've got there and the length is within approximately 4 days. 1st - 10th place sure got a nice allocation for the pool.

But aim for 1st - 7th place.

There is no guarantee that you can make more profit if you are in higher rank. Many times a gambler who wins the 10th place profits more than the first winner.
Shouldn't be greedy for bigger prizes. It can cost the gambler much more than the prize.

Of course there is no profit guarantee in gambling, but if there is a competition, you can always guarantee the prize adds to your rewards. As long as, to me, you see that there is positive expected return in the top 10 in any competition (minus house edge and plus prize money), it is mathematically worth it to try,,, that is not counting variance of course.

Statistically speaking the prize you may win lowers the house edge. So you can wager more than you normally should, this can be perfectly seen in the last contests where the #1-spot was taken with way more than 10 BTC which looks odd at first glance (10 BTC * 1% house edge is 0.1 -> exactly the prize for the first place).

livingfree

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Quote from: ahmadakbari on October 28, 2019, 06:49:47 AM

There is no guarantee that you can make more profit if you are in higher rank. Many times a gambler who wins the 10th place profits more than the first winner.
Shouldn't be greedy for bigger prizes. It can cost the gambler much more than the prize.

Quote from: panjul07 on October 28, 2019, 03:16:03 AM

It would be better if you do not aim for the prize of the competition. Focusing too much to compete for the prize of the competition may lead you to something bad, so you need to be realistic as well.

I understand you guys but you don't know what's on the mind of other participants. They wouldn't join a contest if they don't have any intention of winning and aiming for a nicer prize potential but as the prizes stated, they have an idea on how much they would get if they will put the most from them.

19 hours left for the contest, good luck everybody.

SquallLeonhart

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I guess giving out the biggest prizes to the top 3 makes sense, its not an adjusting prize its actually a set prize so if (won't happen but giving an example) the top wagerer ends with 0.5 then they are losing a ton of money right? Now, we all know there will be at least 5+ and probably even 10+ but that doesn't mean windice could risk that.

They could make some sort of adjusting one where the top person makes 0.1% or whatever back and what not and that means they are still getting profit from the house edge and the gambler has a lower house edge so both parts win, then it doesn't matter if top wagerer is 1 btc or 100 btc. However, the risk is this way if top wagerer wagers a lot then they would earn a lot more than they give out so the top 3 is the most important in this system.

Topic: ♨️🎲 WINDICE.io 🎲 0.3 BTC Wagering Contest 🔰 Progressive Faucet💰 Jackpots 🎁❤ - page 56. (Read 29745 times)