Re: DaDice.com - Next Gen Social Gambling Dice Experience | Progressive Jackpot
Can someone explain how this guy was able to win around 20 BTC when the effective bankroll is only around 1000 BTC after taking Kelly multipliers into account?
The maximum profit per roll is meant to be 1% of the effective bankroll, which would be around 10 BTC.
Will the investors be expected to pay out of their own pockets for this error, if that is what it is?
Because they implemented the kelly criterion wrong.The maximum profit per roll is meant to be 1% of the effective bankroll, which would be around 10 BTC.
Will the investors be expected to pay out of their own pockets for this error, if that is what it is?
https://bitcointalk.org/index.php?topic=1114399.0
I just opened a scam accusation, I have a skype talk with the owner tomorrow to sort everything out and let them implement the kelly criterion in the right way.