Thoughts on Krypto Games and Comment Contest!
I'm starting off with my thoughts first and the contest is further down the page...if you are only here for the contest feel free to skip my ramblings and scroll down to the Comment Contest.
There was a post recently that was talking about crazy bad luck streaks that people have had on Krypto Games and wondering if the site is cheating. I'm never going to say that cheating is impossible online or in a physical casino, but I will say they don't need to cheat to take your money.
Have a few examples of runs that some people might consider cheating:
The first one above shows 3 out of 8 rolls being 95 or higher (loosing numbers in this case). The Math on this on the short term is actually pretty high if you are trying to assume the previous roll has anything to do with the next roll...but it doesn't so don't look at it that way.
Each of those 8 rolls had a 94% chance of winning and pay out at 1.05 with the remaining 1% being the house edge. So in many people's eyes getting 3 out of 8 rolls being 95 or higher shouldn't happen, but it's just as likely as 3 of any number popping up in a 8 roll run.
Now this one would really piss some people off, 3 times I got 100 out of 4 rolls. OMG Krypto Games must be cheating! Not likely. Just as like the situation above there is nothing about this that makes me think they are cheating. It was just a bad run of random numbers. Matter of fact if they were going to cheat with a run of 3 numbers of 95 or higher in a row those bets wouldn't even make sense as to when you would do it. I was betting for under 46, why waste 3 100's on that? Common sense tells you if they wanted to cheat they would use those 100s on someone that is betting under 95 with large bets...not my little bets. You know the guy betting 400 steem on a single roll. Hit him 3 times out of 4 and there would be a nice 1180 steem profit give or take...why waste that to take my 4 Steem?
My Stats
Now you look at all of that and say sure it's possible they are cheating in some way, but numbers don't lie do they? I bet those who have had bad streaks are sitting there claiming nobody is winning on Krypto Games, but that just isn't true.
Matter of fact here are my numbers for the lifetime of playing on @kryptogames.
Currently that is a profit of 674.614 Steem worth about $121 give or take (USD).
How does this compare to a Physical Casino
Honestly seemingly impossible streaks of bad cards happen in live casinos that have zero reason to cheat you and the loss of their gaming license isn't worth the risk to take a little extra money. Instead casinos all rely on a couple very important things. First off the law of large numbers that means it doesn't matter if in the short run someone is winning because in the end over a large amount of bets the house/casino knows they will earn their "house edge". Secondly they count on Greed, that is how many people do you know that go up 675 Steem and then say "hey I'm up and know sooner or later the house will get it all back so I should stop gambling". Nope, that doesn't happen. Instead we keep going back hoping to grow our winnings to a larger number.
This is the same in a physical casino. It's rare that a person who never gambles walks into a casino and even more rare that they win on that single occasion . More likely if you walk into a local casino you will see the same people there day after day, week after week.
Why play?
Well it's fun for some people and that should be the only reason you are gambling. If you are gambling to earn money you are more likely to loose. If you are gambling because you think you have a master system and can't loose....LMAO....you will loose. But if you go in with some predefined rules of what you are willing to loose and how long you are going to play for you just might get lucky and walk away a winner while having some fun doing it.
So to me that Steem is a nice bonus, but really I play because it's fun for me. It's my entertainment. And considering I'm nursing a knee injury that has me stuck at home and unable to do much for the last couple weeks it's been a much needed distraction to the pain I'm in.
Comment Contest!!!
Going to make this as simple as possible. At post payout I will make a bet for 5 Steem for a under 46 roll which will pay out a profit of 6 Steem. This isn't a bet size I make (ever) so it will be easy to track in case someone wants to.
- If it's a winner I will pay the person with the closest number the profit from the bet.
- If it's a loosing bet I will look back to my last winning bet and use that number and the closest person will get 5 SBI shares.
What you need to enter:
- When you comment pick a number between 1-45 and make it First in your comment
Potential Bonus
The winner will also get bonus SBI shares for the following 3 things. These are on top of either the 6 Steem or 5 SBI shares.
Bonus 1 SBI Share if you are one of my Followers
Bonus 1 SBI Share if you gave this post a 100% upvote
Bonus 1 SBI Share if you resteem this post
Disclaimer
Yes that is an referral link to Krypto Gamers site, but someone is going to get paid so why not me if you haven't already started playing there...lol.
There is no requirement to visit or gamble to win the comment contest.
Could also try out The BROsino's free casino where you have ZERO risk and can win STEEM while playing even more games on a superior website with 2FA.
Yeah, maybe Steem users can try supporting things that don’t scam them. Here, I’ll tell them about the @brosino, our very own BRO Casino:
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Come to the BROsino where we assume 100% of the risk so you don’t have to! Play on our dime...WIN on our dime...and get a full casino gaming experience!
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That sounds very interesting. Checking it out today. If your claim is true - that no Steem investment is necessary - then I will play this just to SPITE @kryptogames and win my $1,000 USD (in Steem (plus BTC and BCH "chaser" funds). If this is legit it would be a HUGE morale boost for all of us. Just the IDEA ITSELF provides a sense of hope - perhaps a sign that there is a "crypto god" watching over us...
27 is my lucky number
Since you Follow my account you will get a bonus SBI share if you are the winner
27 and I play and little but not a lot but I am buying and staking tokens I just tend to get cocky and lose.
Thanks for your entry. As a one of my account followers and for your 100% upvote you will have the potential of 2 extra SBI shares if you win.
If your buying the tokens make sure to do it at the lower end of the trading range. The last few days it's seemed to go up more then I would have expected and I've actually sold some vs staking as it would be 18 months or more just to break even vs selling assuming everything stays the same in terms of average income per 1k tokens per day. Naturally things change so that is hard to use, but typically I'd say earnings will drop as new tokens are printed each day.
13 for me, please :)
Simple way to gain an extra SBI if you win is to follow my account. Don't worry, I don't post often so won't clog up your feed ;)
Edit: Since you Follow my account you will get a bonus SBI share if you are the winner.
checked your Blog & followed ;)
Thanks. Helps my UA score a little.
34
Posted using Partiko Android
Thanks for your entry. Since you Follow my account you will get a bonus SBI share if you are the winner. With a 100% upvote given you will also win an extra SBI share if you win.
Total Potential Bonus Shares: 2
Ahahaha, that's fun. I'll pick #37.
Oh, and I wish you recover soon enough. 😊
Since you Follow my account you will get a bonus SBI share if you are the winner.
And thanks. Torn Meniscus is not fun. Hoping that it will be good enough with just physical therapy, but if not I'll have to have surgery....yuck.
Dear friend @thedarkhorse, from when i loose 200 steem with scammers @magicdice, i am no more interested in such games.
What you show about 3 times in a row of 4 over 95 is already know by me, because if you want to use Martingale system they have such safe to avoid it, so thats why you can get 3 times in a row of 4 the 6% of possibility, this is a protection way of them, not causually...
Magic Dice disappearing like they did really sucked. I was doing really well on their site and have nice dividends built up.
BTW, did you want to enter the contest? Just pick a number between 1-45.
5
Posted using Partiko Android
Thanks. As a one of my account followers and for your 100% upvote you will have the potential of 2 extra SBI shares if you win.
Dear @thedarkhorse, thank you for It! I see in your @pifc post you have some palcoins staked, do you Will give me some rewards if i Will delegate some to you?
Posted using Partiko Android
I staked a good amount of the to delegate to PIFC and the 5 active Minnow Builder accounts to add some value to everyone getting votes. They each have a delegation from me of PAL and NEOXAG.
Not exactly sure what your asking...this part " do you Will give me some rewards if i Will delegate some to you?" is confusing to me.
I mean as @tipu Is doing this service on steemit i was thinking you was doing something similar on palnet...🙃
Posted using Partiko Android
Oh no. No services like that. But with @minnowbuilder's services you can get a daily upvote based on the the number of shares you own. You purchase in steem and get the PAL and NEOXAG as a bonus.
No. 8 but if it comes in give it to PIFC.
Nice run down of the game of chance. No one can run from the odds only hope to be the one they come in for.
You are right the house always wins. That's why these places make soo much money. Hope the knee feels better soon i know that must be interfering in the day job.
The knee is doing much better now that it's almost 3 week later. It happened right before a big show...that cost me at least 1 months worth of income so it hurt. Out the income, the booth fees are non refundable, and I now need to move even more inventory at upcoming shows.
Potential 2 bonus SBI shares, 100% Upvote and Follower
12 Good Luck 🍀
Posted using Partiko iOS
Thanks for your entry.
You have received 5x upvotes from the members of @steemexplorers from your free link submission in our discord server. Steemexplorers is an initiative bringing information on various Steemit services and communities in a central discord to save you time and help you grow. It's free, it's easy, and it's here to help you in so many ways. Come by our discord to learn more! Link to Discord: https://discord.gg/6QrMCFq. Our team also offers an additional upvoting service called @givememonsters where you can presently trade in 1 to 10 DEC from the Steem Monsters game for up to $0.03 upvotes on ANY steemit posts. The vote purchasing value here is some of the best returns on your investments that you can find anywhere so come by and visit this service today!