Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
bitcoin44me
on 30/09/2013, 11:52:08 UTC
Can't believe you smart math guys keep arguing against idiots about this invest/divest stuff instead of using your smarts to do something like this. (The irony is that those idiots are actually correct at the moment, because right now being invested is -EV by itself).

No, the EV is 1.01*bet amount.


What do you mean?
His calculation is correct:


Expected profit is 1% of wagered btc = 36 k btc.