Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
mechs
on 30/09/2013, 17:15:23 UTC
The site so far has had 145,551,114 bets and cumulative luck for all players is at 100.49%.  This seems like a large enough sample size that it should be converging on 100%.  With a 1% edge assuming the most common bet is a 2x 49.5% bet, it would seem a player luck of 100.49% essentially means a historical house edge of 0.51%.  Is that logic correct?  If so, is this a probable result with a 1% house edge?