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RE: Is Magic Dice Provably Fair?

in #utopian-io6 years ago

According to my past experience on Dice game platforms, they all claims their games are Provably Fair.

But in reality, suddenly a losing streak over 20 losses in a row will happen when your account performance is good, which over 25% earning.

Anyway, this is just my past experience. Maybe MagicDice is really Provably Fair up to today.

I share one of my posts related to MagicDice here for the reference.

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Yeah, the streaks are concerning, I see 10+ and even 20 losing streaks far more often than I would ever expect with 50/50 odds. Easily 3-5+ 10+ streaks an hour. I've had multiple 20+ streaks.

I need to look at the algorithm closer and see how it works. I took a bird's eye view on the end results, but the streaks are really what makes/breaks it.

Does this mean you don't see a similar winning streaks as often as you see losing streaks?

If it's so, I doubt your observations.

Anyway, waiting for an update about an audit of the algo from you.

I see streaks on both sides, but streaks is what kills any strategy as it doesn't matter the direction.

If your betting 1 Steem, and you get a streak of 10 wins, you make 10 Steem. But when you get a streak of 10 loses, you lose 1500 Steem.

True. A loss of 1024 STEEM to be precise. But if one could always win, how will a casino run its business :)