Quote from: ghibly79 on September 21, 2013, 09:21:22 AM

Quote from: Daggett993 on September 21, 2013, 08:52:29 AM

I'll acknowledge that the domain argument is not very powerful, however it is clear that my concern is not unwarranted. It is very improbable for a casino to receive 1.2M bitcoins wagered and still tread far below their expected profit.

Not improbable when one guy does single bets that high (100-500 btc a go). As I wrote in the other thread, many players had doubled/tripled or even more small bankrolls, eventually losing. Not so surprising for a guy with a 10k+ bankroll to win 8k (80%).

It's like winning 8 btc starting with 10, doing 0.1-0.5 btc single bets. Not unlikely at all, seen it hundreds of times.

Yes, not improbable at all. In fact, I once personally turned a $500 bankroll into $4000 in one weekend betting on red and black at a roulette wheel in Atlantic City; and roulette has a much higher house edge and a much lower max bet (and higher minimum bet).