Quote from: Lakai01 on October 22, 2019, 04:03:39 AM

Quote from: jostorres on October 21, 2019, 08:50:29 PM

Quote from: Lakai01 on October 21, 2019, 03:57:29 AM

Quote from: ralle14 on October 20, 2019, 09:06:32 PM

If all of his bets we're at least $100 it's sill easy for him to take the top 1 spot as long as he have enough bankroll and with autobet it would probably take several minutes since the bet speed is 1 per second. I wouldn't say wagering 14 bitcoins is a lot unless he went big and sniped yoloer on the last few minutes of the contest. There's a few ways to do it without spending more than the guaranteed prizes but with the screenshot it seems he wagered more than 10+btc in less than 4 hours which is quite fast..

I really don't get it. Windice has an house edge of 1%. If someone wagers 14 BTC to win 0.1 BTC (price for the first place) he statistically has lost 0.14 BTC during the contest. So wagering that many BTC has no sense in my opinion except "look guys how big my pockets are" ... or do I miss something?

Well, you are missing the point that he is dropping the house edge down. What would normally he get on a day there is no contest? 14 bitcoins wagered means 0.14 lost right? Well if he gets to win 0.1 of it back that means 14 btc is expected to lose 0.04 only and not 0.14 and that is why they play such huge amounts.

So you are telling me that he plays during contests just to lose lesser than he would if there is no contest running? Wink

Of course you are right that he has statistically lost "only" 0.04 BTC but still ... I dont see any sense in this besides "its gaming and fun". Maybe I have just a different perception of how much money 0.14 BTC is Grin

First of all, no one play to lose and playing during the contest only causes your chance to make a profit to be higher. Just this. Generally nothing is guaranteed.
For determining whether that user has made profit or not, there is no need to discuss. Because his profile is public. We can easily calculate his total profit or loss.
Totally, he has wagered 2.007 BTC and 922.558 ETH. At current price of ETH, the amounts wagered at ETH is 19.44 BTC. So he has wagered 21.447 BTC.
He has lost 0.16 BTC and won 0.594 ETH which is 0.012 BTC. So he has lost 0.04 in the games without considering the prizes won on the contests. He has won 0.002, 0.05 and 0.1 BTC in three rounds of contests respectively.
So, the total profit is 0.002+0.05+0.1-0.04= 0.112 BTC.