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Showing 10 of 10 results by BoneDice
Post
Topic
Board Bitcoin Discussion
Re: Looking for a good bitcoin wallet
by
BoneDice
on 28/01/2014, 17:13:33 UTC
MultiBit is good for the freshman
Post
Topic
Board Beginners & Help
Re: Bitcoin Businesses and Developers, Let's Get Started!
by
BoneDice
on 03/01/2014, 02:45:47 UTC
Very honored to be a member of this community.
I want to develop a new bitcoin dice game, and the mathematical expectation of the prize will could be positive.
So I must get some research on bitcoin and the client through this forum before.
Post
Topic
Board Beginners & Help
Re: Hello everyone~!!!!
by
BoneDice
on 03/01/2014, 02:34:17 UTC
hello
Post
Topic
Board Beginners & Help
Re: New Member
by
BoneDice
on 03/01/2014, 02:21:07 UTC
Welcome to the forum! I hope it works out for your Dice Game! Let us know when it's done.
thank you
 when it's done I will post it on the forum
Post
Topic
Board Beginners & Help
Re: New Member
by
BoneDice
on 03/01/2014, 02:18:58 UTC
Bonedice how much are you paying for ?

pay for what?  the game is under construction
Post
Topic
Board Beginners & Help
Re: New Member
by
BoneDice
on 02/01/2014, 07:23:23 UTC
Please correct me if i'm wrong but if the players have a positive "expectation" You will have a negative "expectation"
Take PrimeDice for example, at x2 they give the player 49.5% chance to win which means in the long run the odds are against the player by just .5%
If it were to be the other way around you would be the one with the negative profit.

I'm sorry ,maybe I didn't explain clearly  because my mother tongue isn't English

The payout must associate with the prize pool in a positive "expectation" game. and the payout must be limited
for example:

dice from 1-100

your bet = 1BTC  
the prize pool = 100BTC
the payout no more than the pool
Prize: #1  chance   1%       dice =1                payout:   20+(pool/10) x   = 30 BTC     expectation=0.3
Prize: #2  chance  25%    1Prize: #3  chance  74%   25have a negative "expectation"
but  when the prize pool grow   the  "expectation" will be positive
your bet = 1BTC  
the prize pool > 300BTC
Prize: #1  chance   1%           dice =1           payout:   20+(pool/10) x   > 50 BTC     expectation>0.5
Prize: #2  chance  25%      1Prize: #3  chance  74%     250.5+0.5+0 - 1 > 0

so the prize pool will float near 300BTC  

this is just a simple example

Post
Topic
Board Beginners & Help
Re: New Member
by
BoneDice
on 02/01/2014, 06:39:00 UTC
I want to develop a new bitcoin dice game, and the mathematical expectation of the prize will be positive.
So you want to lose money?  Huh

no, no one want to lose money .
many gambling games have positive expectation  :
Texas Hold'em  
slot machine
and some Lottery tickets

positive expectation not means the makers will lose money , but the player easier to win.
Post
Topic
Board Beginners & Help
Re: New Member
by
BoneDice
on 02/01/2014, 06:18:25 UTC
Post
Topic
Board Beginners & Help
Topic OP
New Member
by
BoneDice
on 02/01/2014, 06:07:51 UTC
Very honored to be a member of this community.
I want to develop a new bitcoin dice game, and the mathematical expectation of the prize will could be positive.
So I must get some research on bitcoin and the client through this forum before. Grin





Post
Topic
Board Beginners & Help
Re: Bitcoin Businesses and Developers, Let's Get Started!
by
BoneDice
on 02/01/2014, 05:47:59 UTC
I will start my new bitcoin business from here