The Game of Dice. 03-01-2014 / Ice Crambler
Dice Gambling
Let's start with some facts:
a Dice got 6 numbers,
the chance to roll nr 1 => 1/6
the chance to roll nr 2 => 1/6
the chance to roll nr 3 => 1/6
the chance to roll nr 4 => 1/6
the chance to roll nr 5 => 1/6
the chance to roll nr 6 => 1/6
The chance not to role a 6 => 5/6
The chance not to role a 5 => 5/6
The chance not to role a 4 => 5/6
The chance not to role a 3 => 5/6
The chance not to role a 2 => 5/6
The chance not to role a 1 => 5/6
Lets start with some gambling facts:
The Current payout factor : 1,8
Lets start a game,
Your Bid
Your Waste [W]/ payments
Your profit [P]
1k [W] => 1k if you win [P] => 1,8k
lets say you won,
if you play now again and don't win [W] => 0,8
To hold the chance up that you make profit you double ur Bid
2k if u loss [W] => 3k if you win [P] => 3,6
Since u got 1k waste from the first round and let's say u won, you paid 3k for 0,6 profit.
lets say u lost again :
4k if u loss [W] => 7k (1k+2k+4k) if you win [P] => 7,2k
tha means a profit of 0,2 on a paymen of 7k in total.
if you lost again and try to play with the double of 4k:
8k if u loss [W] => 15k if you win [P] => 14,2
means u still got -0,6k
Rule number 1 while gambling:
never hope on your luck.All is bassed on math
Let's start with some facts:
a Dice got 6 numbers,
the chance to roll nr 1 => 1/6
the chance to roll nr 2 => 1/6
the chance to roll nr 3 => 1/6
the chance to roll nr 4 => 1/6
the chance to roll nr 5 => 1/6
the chance to roll nr 6 => 1/6
The chance not to role a 6 => 5/6
The chance not to role a 5 => 5/6
The chance not to role a 4 => 5/6
The chance not to role a 3 => 5/6
The chance not to role a 2 => 5/6
The chance not to role a 1 => 5/6
Lets start with some gambling facts:
The Current payout factor : 1,8
Lets start a game,
Your Bid
Your Waste [W]/ payments
Your profit [P]
1k [W] => 1k if you win [P] => 1,8k
lets say you won,
if you play now again and don't win [W] => 0,8
To hold the chance up that you make profit you double ur Bid
2k if u loss [W] => 3k if you win [P] => 3,6
Since u got 1k waste from the first round and let's say u won, you paid 3k for 0,6 profit.
lets say u lost again :
4k if u loss [W] => 7k (1k+2k+4k) if you win [P] => 7,2k
tha means a profit of 0,2 on a paymen of 7k in total.
if you lost again and try to play with the double of 4k:
8k if u loss [W] => 15k if you win [P] => 14,2
means u still got -0,6k
Rule number 1 while gambling:
never hope on your luck.All is bassed on math