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RE: My Magic Dice on Steem Review.

in #steem6 years ago

I did the math on Magic Dice using the 94% bet which pays 1.043 STEEM if you win.

So:
If you bet 1 STEEM each time and play 100 times:
You will win 94 times for .043 STEEM = 4.042
You will lose 6 times for 1 STEEM = 6

At the end of 100 rolls you will have lost 1.958 STEEM

Then looking at 50% bet which pays 1.960 STEEM if you win.

If you bet 1 STEEM each time and play 100 times:
You will win 50 times for 0.960 STEEM = 48
You will lose 50 times for 1 STEEM = 50

At the end of 100 rolls you will have lost 2 STEEM

I am not a gambler, but took at look at this the other day. I might be missing something, but this is how I think it goes.

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You also gain the Magic tokens which I am gambling on the possibility of them being worth something.

Hmm... I wonder how much that would factor in? I don't think there is any way to know in advance.

Magic Dice has rewarded your post with a 85% upvote. Thanks for playing Magic Dice.