Post
Topic
Board Gambling discussion
Re: How I lost 200,000 EURO on Bitcasino.io
by
Kevinn22
on 03/08/2019, 22:00:28 UTC
the RTP odds are not SESSION odds. they are LIFETIME odds for a slot. And its not per user, but every person that wagers on the slot.
Just because a slot is labeled as a 95% RTP and in 1 session you wagered €100, you're not guaranteed to have a balance of €95  

You didn't even know how to calculate them, what does the license have to do with OP losing?
I already posted the formula!

Only because an extremely mentally ill bitcointalk account is not able to understand it does mean I do not know it! Cheesy

If you want to check if you are within the statistic, do the following:

1) Ask Bitcasino for the house edge of the slots you played

2) Calculate the total amount of all your bets

Example: If your total bets are 20 million Euro and the house edge is 3,5%, then you statistically lost 700,000 Euro.

Game Protect is an online casino scam enforcement expert with contacts to gambling software licensing, IT-, blockchain- and legal experts.

The person who does gambling software licensing can check if the software is fair.