Explain like I'm 5: How does MoneroDice work?

Question

I've read how it is provably fair. I've also read that it "rolls" a number in the range: (0 <= X <= 99.99).

Please explain how the multiplier, return on win, and over/under are calculated to give a person an understanding of what one is doing when placing a bet.

score 2 · Accepted Answer · answered Dec 28 '16 at 15:10

2

return on win = (bet amount)(multiplier)

chance of winning = 99/multiplier

(If one rolls more than the chance of winning)
over = (100 - chance of winning)
(If one rolls less than the chance of winning)
under = (100 - over)

answered Dec 28 '16 at 15:10

Lorax

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Explain like I'm 5: How does MoneroDice work?

1 Answers1