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Balloo85

Dice analyzing

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The problem is when you bet for example on 66-100, that you can have a bad streak on both the middle numbers and the low numbers in a row. That's what's really screwing you over sometimes.

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12 hours ago, Balloo85 said:

The second test doesn't look good at all. It's also from 200 rolls, but this time I was betting BTC instead of TXT.

Are the dices programmed to be nicer when betting TXT?

Results: https://www.scribd.com/document/447011214/Trust-Dice-Analyze-BTC

The chi-square test in this one is wrong. It assumes that there are equal chance to hit 0-35 as 36-65 and 66-100. The chances are of course 35-30-35.

Here's how this test shows in reality. The hypothesis that the distribution of 0-35 rolls and 65-100 roll are rejected. With a statistically significance of 0,05

1.PNG

2.PNG

3.PNG

4.PNG

5.PNG

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Expected outcome would be 0-35 (35%) 36-65 (30%) and 66-100 (35%)

Real outcome: 0-35 (30,5%) 36-65 (35,5%) and 66-100 (34%)  

It is a relatively small sample, given how many bets I make per day. But it should be big enough sample to at least give a hint on how it look overall.

 

Most notable is how the 36-65 rolls happens 5,5% more often than expected. Which is also the numbers people are less likely to bet on.

I should state that this thread isn't meant to complain and moan. But the more we know, the wiser we can place our bets.

Edited by Balloo85

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7 hours ago, Balloo85 said:

The chi-square test in this one is wrong. It assumes that there are equal chance to hit 0-35 as 36-65 and 66-100. The chances are of course 35-30-35.

Here's how this test shows in reality. The hypothesis that the distribution of 0-35 rolls and 65-100 roll are rejected. With a statistically significance of 0,05

1.PNG

2.PNG

3.PNG

4.PNG

5.PNG

Hey Man, you're genius! 

Unfortunately, my math is bad, so I may not clearly understand all your points. 

What I know in Casino industry is that all random results follow the "law of large numbers" and you need a rather large sample to make the law work. 

Besides, all the licensed casino will not manipulate result, as they value reputation more than short-term return. For example, we paid 100k+ EUR in order to get the license. Why we do that? we believe that a regulated casino will have better reputation and attract more players in the long term, and thus bringing more value to the TXT eco-system.

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