The odds of dicing

Discussion in 'Archives' started by BigBoiBets, Aug 11, 2013.

The odds of dicing
  1. Unread #1 - Aug 11, 2013 at 3:10 PM
  2. BigBoiBets
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    The odds of dicing

    What odds do you consider being too high?

    For example a 55x2 game would have a 10% house advantage, meaning if you bet 100M, your expected return would be 90M. Therefore having a loss of 10M for every bet you make.

    What odds would you consider fair?
    Can you still have fun if the odds are against you?
    Would you only stick to truly 50/50 to have the most enjoyable experience?
     
  3. Unread #2 - Aug 11, 2013 at 4:08 PM
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    The odds of dicing

    Isn't it 5 percent?
     
  5. Unread #3 - Aug 11, 2013 at 4:13 PM
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    The odds of dicing

    No, you do (chance of winning*payout)-100 = house advantage
     
  7. Unread #4 - Aug 11, 2013 at 4:31 PM
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    The odds of dicing

    You will never win if you keep dicing good luck.
     
  9. Unread #5 - Aug 11, 2013 at 4:33 PM
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    The odds of dicing

    Theres always a winner.
     
  11. Unread #6 - Aug 11, 2013 at 6:55 PM
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    The odds of dicing

    I'd only play for 50/50 myself
     
  13. Unread #7 - Aug 11, 2013 at 7:08 PM
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    The odds of dicing

    55x2, is 54% host win. 1% tie and 45% roller win.

    1-10 depends on first roll.
    If user rolls a 7/10. The next roller has a 30% of win 10% of tie, and 60% of loss
     
  15. Unread #8 - Aug 11, 2013 at 7:11 PM
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    The odds of dicing

    ^That's actually the correct percentages.
     
  17. Unread #9 - Aug 11, 2013 at 9:16 PM
  18. BigBoiBets
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    The odds of dicing

    You made a good point, if anyone is doing 55x2 games they should make it clear what the roll 55 means. I saw a thread earlier that meant 55 = host win, meaning that any roll 56+ would be a loss for the host.

    And yeah HNCDice I know the 55x2 in which you described (55 = reroll) has a 4% more chance to win. BUT the house advantage is 8% :).
     
  19. Unread #10 - Aug 11, 2013 at 9:36 PM
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    The odds of dicing

    It's 9% house actually. But cheers
     
  21. Unread #11 - Aug 11, 2013 at 9:49 PM
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    The odds of dicing

    Personally I don't see why people would want to 55x2. This is not Runescape.
    We now also have "dice MM" charging fees. Just do some background checks before dicing someone and you should be fine. Over $400 paid to me and not one chargeback.
     
  23. Unread #12 - Aug 11, 2013 at 9:53 PM
  24. BigBoiBets
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    The odds of dicing

    Yeah, typo ;D.
     
  25. Unread #13 - Aug 11, 2013 at 9:56 PM
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    The odds of dicing

    Lol:)
    Basic info.
    99% of people will dice 1-10 with Anyone
    Where as the same people would only bet on 55x2 with trusted users
     
  27. Unread #14 - Aug 11, 2013 at 10:01 PM
  28. BigBoiBets
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    The odds of dicing

    Yeah its definitely a risk for the user considering PayPal's lack of buyer protection on gifts. That's why I wish bitcoins were more popular/stable :).
     
  29. Unread #15 - Aug 11, 2013 at 10:03 PM
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    The odds of dicing

    Exactly!! Bit coins are pretty fucked
     
  31. Unread #16 - Aug 12, 2013 at 2:22 PM
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    The odds of dicing

    Wop Wop Wop Wop
     
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