Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
Bugpowder
on 23/09/2013, 21:42:01 UTC
Here is a simulation of someone betting the max bet on JD with an unlimited bankroll.  After 2,000 max bets, how far up or down might they be?  What would be the peak profit during that time?  This is relevant for determining how lucky Nakowa is.  Nakowa is up about 50 max bets at the moment, off of around 2000 max bets wagered.


so...you're saying there's a chance?

That is a very simplified calculation, that doesn't take into consideration a lot of factors. The probability of what is happening is very very low.

Of course it is simple.  When Dooglus provides me an updated total betting history of nakowa, we can do a shuffle analysis and see for real.  Last time I did it when he was up 4000 BTC, it was around 7% chance.