Quote from: CryForMeSky on March 24, 2015, 03:02:55 AM

Quote from: funtotry on March 24, 2015, 02:59:49 AM

Quote from: CryForMeSky on March 24, 2015, 02:57:12 AM

Quote from: funtotry on March 24, 2015, 02:23:35 AM

How is this possible? If the median (close to average) crash point is almost doubling your bet, how would they be in profit. The average payout should be 0.98x to have a 2% house edge. Am I missing something?

I'm not sure what you are missing. House edge means you get back a little less than what you wagered (over time). You could set the house edge to anything for any payout, you just adjust the frequency. According to MP, the house edge (bonus notwithstanding) @ 2x is .5%. That means that (0x notwithstanding) if you spin 2000 times and set your cashout to 2x every time, you'll expect to successfully cash out 995 times and you'll expect it to crash before you can cashout 1005 times.

Ok but they said the median was 2x right, meaning you will on average get a payout of 2x. On dice sites, this average is about 0.98 because less than half the time you hit double (2) and more than half the time you hit 0, averaging out about 0.98 with the house edge. So how is the average payout 2x on moneypot?

I said "The median crash point is 1.97x." because that was what was told to me when I asked. Median is similar to average, but not the exact same thing in all situations.

Maybe the way they denote payouts is confusing you? If you instantly cash out and make a 1% profit, they list that as a '1.01x' multiplier, not a .01x multiplier.

Yes I think it is that that is confusing me. I know the difference between media an average but they are very similar and usually not far apart from eachother. I think I understand now. Thank you for clearing this up for me!