Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
Keyser Soze
on 30/09/2013, 17:58:46 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?

If I understand things correctly, the luck percentage has the house edge built in already.

Quote from: Just-Dice FAQ
The luck percentage displayed shows how many rolls you have won compared to how many you 'should' have won.

The luck percentage should, over time, be very close to 100%.