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 
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.