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Showing 8 of 8 results by killaz
Re: New transaction malleability attack wave? Another stresstest?
I made some money on this attack, im happy
dirty money?Yes. To repeat my earlier post:
Your screenshot demonstrates this perfectly.
You've made a return of less than 0.5% of your investment.
You will be able to do this almost all the time.
And then, on that one really unlucky run, you will lose it all.
Your expected return, over a long enough series of runs is negative.
indeed "one really unlucky run" =max 25 rounds (max profit: 244.70) ...i'm new to this, ever happen in just-dice.com?Quote
No, it isn't.
You will, on average, lose more than you win.
You are likely to win a small amount, but there is a small chance of losing everything.
The expected result of any truly fair gambling with a house edge is negative.
You will, on average, lose more than you win.
You are likely to win a small amount, but there is a small chance of losing everything.
The expected result of any truly fair gambling with a house edge is negative.
Your screenshot demonstrates this perfectly.
You've made a return of less than 0.5% of your investment.
You will be able to do this almost all the time.
And then, on that one really unlucky run, you will lose it all.
Your expected return, over a long enough series of runs is negative.
actually it's a good idea buy 100 BTC and start gambling, martingale from 0.00001 BTC impossible to loose
sorry to break it to you, but you have no clue.
http://coinbits.com/2013/01/05/how-to-bet-efficiently-on-satoshidice-and-why-you-shouldnt-use-the-martingale-method/
http://i.imgur.com/rL61Fze.png
