Quote from: AttackDogJerry on July 04, 2015, 02:56:30 PM

Quote from: dooglus on July 04, 2015, 02:47:20 PM

I checked your account. The bets you are making seem to be -EV. Are you sure you didn't just get lucky?

(payout * chance = 99.99; less than 100 means it's -EV)

Take a bet: "< 0.015 @ 6666x"

There are two possible outcomes I win: 0.01 and 0.00. Both of which I hit (and got paid for). There are 10,000 possible outcomes. So I have a 1 in 5000 chance of winning. A 1 in 5000 chance of winning 6666x, seems pretty +EV for me

So which one of us is stupid?

a 1 in 5000 chance is a 0.02% win chance; 0.02*5000 = 1

0.015*6666 = 99.99, giving a 0.01% house edge. recheck your math, because thats a pretty glaring error on your part.