Post
Topic
Board Scam Accusations
Re: FORTUNEJACK dice game "provably fair" is now provably fraud!
by
pinoycash
on 09/03/2019, 17:57:45 UTC
~snip~
I played with payout 1.5-1.6, win chance is from 66% to 61.87% for the 2000 rolls. The actual average win chance for all 2000 rolls is 65.3%, which is fine and fair. But the win chance for each bet amount decreased while the bet amount was doubled:
Bet amount 0.001, win chance 65.5% (>65.3%)
Bet amount 0.002, win chance 66.8% (>65.3%),
—here is where the trick comes in—
Bet amount 0.004, win chance 65.0% (<65.3%),
Bet amount 0.008, win chance 63.4% (<65.3%),
Bet amount 0.032, win chance 64.3% (<65.3%),
Bet amount 0.064, win chance 55.6% (<65.3%).

See? The higher the bet, the lower the win chance!

Even one lose on a high bet may cost all you won on low bets. So a slightly decrease in win chance with increased bet amount can be a disaster for each player on the long run.
~snip~

Then you found something that can be use against the house, Don't bet more than 0.002 and have the higher chance of winning.

Using martingale is proven ineffective in any dice games. in the end you will just lose everything its not worth it to bet 0.064 just to recoup your 0.001 initial bet. Set your stop loss after 3 losing streak and accept defeat against the house