Quote from: dooglus on June 22, 2013, 06:21:22 PM

Quote from: bit777 on June 22, 2013, 04:49:05 PM

dooglus you should have ran an investment site Cheesy

3100 bitcoins in just 3 days.

BTW how is "luck" calculated? Is that the house edge? And is it on a daily basis?

It's calculated bet-by-bet. And it's the number of bets that have been won expressed as a percentage of the number that you would expect to be won.

So if you play a 10% chance-of-winning game 2000 times and win 200 times (as expected) you get luck=100%. If you only win 180 times, the luck is 90%.

The problem is when people play the 0.0001% game (one in a million chance). Each time they lose (which is almost every time), the luck drops a bit. Then when they win, the luck jumps right up. It has been won twice already (see milestone list) in less than 2 million tries, so the overall luck is well over 100%, even though the bets themselves are mostly insignificant, being all single-satoshi bets.

If anyone can think of a better way of calculating "how lucky" the players have been (individually, and as a whole) I'd love to hear it!

i would go with moving averages alongside "total forever" ...

as long as you have those windows (1 hour, 24 hours of luck, 3 days of luck) the overall luck doesn't matter as much when off kilter.

it would be nice to see

total luck 160%, last hour 90%, 3 hours 101%, 24 hours, 200%

etc