Ninjastic
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Board Gambling
Re: MintDice – Bitcoin Casino With Online Slots, Bitcoin Crash & Bitcoin Investment
by
DaveF
on 29/09/2019, 19:41:19 UTC
Quote from: tvplus006 on September 29, 2019, 07:32:32 PM
Quote from: rexxarofmoknathal on September 29, 2019, 07:20:47 PM
Quote from: sana54210 on September 29, 2019, 05:57:51 PM
Quote from: tvplus006 on September 28, 2019, 09:09:13 PM
Quote from: MintDiceSara on September 27, 2019, 11:13:08 PM
...But then again, all you can do is believe me or not Smiley
I have no reason not to believe you. But I’m interested to know what percentage of the slot return to the player? I believe that these figures should be accessible to everyone.
I doubt that is really something that should be shared with the public, I mean they can if they want to but that is not a data information that they should be forced to give up. If you wanted house edge then sure, if you wanted odds sure, if you wanted anything related to you gambling here then you should definitely get it.

But, the question of "how many slot players return after gambling" is not really something that affects the way you gamble, maybe psychologically it does affect it but it doesn't affect the real outcome of your gambling so I think if they want to hide that information they should.

We could literally ask how much has been gambled on this website so far and how much profit mintdice made so far out of that and we have the right to ask that, doesn't mean they can't just decline it.

I agree with you on this. I see no obligation for the casino to share this info. This info is their logistic which they use internally to assess how their business progresses and since this does not affect the players then I see no advantage for the casino to publicise this other than them wanting to do so
If the percentage of return to the player is small, then it makes no sense to talk about it. I know such gambling in which the return is very low and it is impossible to win there. But if here the percentage of return is set at the level of a real casino to 95%, then this is very important information. And players should know this.

There are actually 2 different numbers involved for slot games.

The 1st number is the % hold. Or the percentage amount that you should loose. i.e. 1% hold means that after a very large number of $1 bets you should have 1% less then what you started with.

The 2nd number is the actual return. Or after "X" amount of bets how much you wind up with. In theory they should both be the same, in reality they are not. Why? Because the % hold includes the top prize amounts (with their slot the 5x bear or 5x penguin) so they tend to come a lot less. But, when they do it smooths out the curve of payouts.

-Dave