Quote from: MadZ on January 29, 2015, 09:56:09 PM

Quote from: 1gallon on January 29, 2015, 09:50:50 PM

Quote from: MadZ on January 29, 2015, 08:57:47 PM

Quote from: RHavar on January 29, 2015, 01:56:48 PM

Quote from: MadZ on January 29, 2015, 09:40:26 AM

According to these conditions, maximal EV with 1 BTC bankroll attempting to win 1 BTC is achieved by making 1 bet of 0.0001010101 BTC @ 9900x.

You're right, my language was pretty poorly picked. I should have said: "Maximizing the probability to win 1 BTC" as opposed to "Maximizing the EV". Your bet does however does use fractions of a satosishis, so I'll give you 0.05 if you tell me your MP Account or bitcoin address.

The core question is still open, and for the people who suggested martingale betting sequences, I'll writes some code to figure out the probabilities a bit later.

I made a Moneypot account with the username MadZ, deposit address 1LnQYjwRhsZkp21jaMx6PNJynBw6w2BrKR, thanks!

Public note: If my btctalk account is compromised in the future, I believe I will be unable to sign this address to prove ownership.

I believe blockage's two solutions will probably yield the highest probability of achieving 1 BTC, although I will make an attempt at it later. The key is to minimize the amount you wager, which is done at the lowest odds, since the more you wager the more you lose out to the house edge.

Here's something that no one else really do, but i abuse it every so often. If you bet with 2 satoshi at 1.33% payout on primedice, you'll 'win' 1 satoshi

how's that for beating house edge!! if you bet 5 satoshi, you'll win 2 saotoshi back ;P and if you bet 8, you'll win 3 satoshi

Your actual balance is rounded beyond what you see on your screen, this does not work.

Yes, there are fractional bits at the end of those, so you won't profit that much every time, it will just be some of the time so you won't be the house edge that way