Post
Topic
Board Gambling
Re: PrimeDice.com | 500M+ Bets | 300k+ BTC Wagered | Free BTC | 1% Edge | Instant
by
SLAPMODE
on 14/03/2014, 19:47:30 UTC
Okay, I don't know if the site is rigged or not.
But from a statistical point of view, it is not really that impossible to see 21 reds and 9 greens in 30 bets with p=49.5%.

Probability to win = 49.5%
Probability to lose = 50.5%

Probability to get 21 reds and 9 greens in 30 bets = 30! / 9! / 21! * (49.5%)^21 * (50.5%)^9 = 1.18%.

The chance is small, but it is not that rare.

Yes the chance if you roll 30 rolls exactly, it is 1.18 % chance, which is low.  But what happens when you roll say, 10000 times.

The odds of that happening in a 30 roll sequence become about 99%, which is not good for you.

Besides you act like 21/30 is that bad....I have lost more in a row then that on 49.5.



Yes, and so I said "The chance is small, but it is not that rare."

When you win a lottery, you would only think of "Holy crap, I am very very lucky", but you won't think "Hmm that is pretty normal, after all there is always a winner" lol Tongue

Similarly, when you get a loss in a 98% bet, most of people will be thinking "Holy crap, the game must be rigged", and I guess I can understand that...


PLEASE DON'T TAKE MY WORD FOR IT!~ TRY MARTINGALE AT SOME HIGH % YOU WILL SEE THESE SCUMBAGS HAVE THIS GAME RIGGED!!! SERIOUSLY = *TORCHES AND PITCHFORKS!* =)