BackgroundAs you may be aware, a user on SatoshiDice had a BIG win recently.
On January 11, 2017,
Underdog01253 (user ID 2789717) placed a bet of 0.25 BTC and won a x1215.92 multiplier to walk away with a whopping 303.73 BTC.
This bet was placed on SatoshiSlot which shares the same bankroll as SatoshiDice.
Here's the scamSatoshiDice claims they employ the Kelly criterion to limit the maximum profit to 1.9% per bet.
Satoshi Dice keeps the maximum profit a player can make on a bet to 1.9% of the bankroll (employing the Kelly criterion).
How did they allow this user to win ~14% of the bankroll in a single bet?