Quote from: Ghris on November 29, 2015, 05:14:56 PM

Quote from: oryeger on November 29, 2015, 03:24:08 PM

Hi Ryan, can you please explain the idea of the max profit, how is it calculated and effect the multiplier ?

Not Ryan, but I think I can answer it.

The max profit is a number calculated by the height of the bankroll. Bustabit calculates the max profit by the kelly criterion. That basically means you can win (i believe it is this number now) 3% of the current bankroll of the site.

It does not affect the multiplier at all, except for the following: If everyone combined bet 2 btc on a max profit of 10 btc, the game cashes everyone out that is not yet cashed out when the profit of everyone combined reaches 10 btc. To make it real simple, let's say you are the only player playing currently. You bet 1 btc with a max profit of 10 btc. If you keep it running, the game will cash you out at 10x multiplier. Even though the multiplier could have gone higher.

Great explanation, but I'll make one minor correction: the max profit isn't calculated using the kelly criterion (that's only what sane people use, and what moneypot uses). I'm just using a fixed 3% of the site bankroll, which is probably around ~6-10x the kelly. That said, I'm also under-reporting the site of my "true bankroll", like for instance when recently the whales started raping the site, I kept filling up the bankroll (as I was confident they were legitimate whales, not someone with an exploit)