55% Rakeback New Year Event !

Stan said:

Seunthie dice bot now supports Ney Year mode!

nice dicebot users can also join the fun!

Acetehoge said:

Everyone seems to like this promotion, maybe we should consider having it as a pemanent game option ?

i would like this as a permanent thing, and i am working on getting that second reward :)

marello said:

i would like this as a permanent thing, and i am working on getting that second reward :)

Good luck to you on getting that 2nd reward 😎

happy new year

happy newyear ducklings! cheers for more years to come!

Happy new year ducklings! 😃

marello said:

i would like this as a permanent thing, and i am working on getting that second reward :)

Yep it might be something close to this permanent soon :)

Happy new year guys,.gratzto those who already win the prizes.

miki said:

Yep it might be something close to this permanent soon :)

great to hear! also, since you seem to know a lot about this, on the bct forums it was stated that the bonus equals 55% of the house edge and shows an example that equates it to 1.1% of wagered since it is 55% of 2% instead of 55% of 1%. but my results seem to be coming out differently in that i can wager a btc and still not unlock two levels ($200, it gives about 1.5 i believe, so $150), but with btc being 30k right now wagering a btc should unlock 3 of them. i will do a more accurate run down and chart it if needed but the bct forums claim it should be 1.1% of wagered amount and it seems to be half

marello said:

great to hear! also, since you seem to know a lot about this, on the bct forums it was stated that the bonus equals 55% of the house edge and shows an example that equates it to 1.1% of wagered since it is 55% of 2% instead of 55% of 1%. but my results seem to be coming out differently in that i can wager a btc and still not unlock two levels ($200, it gives about 1.5 i believe, so $150), but with btc being 30k right now wagering a btc should unlock 3 of them. i will do a more accurate run down and chart it if needed but the bct forums claim it should be 1.1% of wagered amount and it seems to be half

Keep in mind that there are XP that shows your progress so you will wager less in btc for same prize as before in $ basically with price up XP value down so with same amout of wagered btc as before price went up you will gain more XP when price is up :)) so all stays the same ...hope I explained that good enough to understand :)) you will always get 55% of 2% edge ..so for wagered 10 btc you will get 0.11 btc :)

marello said:

great to hear! also, since you seem to know a lot about this, on the bct forums it was stated that the bonus equals 55% of the house edge and shows an example that equates it to 1.1% of wagered since it is 55% of 2% instead of 55% of 1%. but my results seem to be coming out differently in that i can wager a btc and still not unlock two levels ($200, it gives about 1.5 i believe, so $150), but with btc being 30k right now wagering a btc should unlock 3 of them. i will do a more accurate run down and chart it if needed but the bct forums claim it should be 1.1% of wagered amount and it seems to be half

Or if its easier like this : as 2% HE of 10k usd = 200 usd, 55% of that = 110 USD... sooo 10000 × 0.02
x 0.55 :))

miki said:

Or if its easier like this : as 2% HE of 10k usd = 200 usd, 55% of that = 110 USD... sooo 10000 × 0.02
x 0.55 :))

i decided to spreadsheet things this time so i am attaching the data here to view. here is the breakdown and it doesnt match what is stated...

first we need to break down the xp calculations in general. for this i used level 34->35 so:

12,818,888 - 11,478,888 = 1,340,000

value of the bonus is $110.55

to find the wagered amount based on 1.1% being returned, we just divide, so $110.55/0.011 = $10,050 should return that bonus

let us divide the wagered needed (10,050) by the xp needed (1,340,000) to get the value of usd per xp earned, which returns 0.0075 (so $0.0075 = 1 xp earned)

at the time of my bet, 1 btc was showing at the top of the site as $33,065.24

to earn 1k xp, we then take 1k * $0.0075 / $33,065.24 = 0.00113412 btc wagered to earn 5k xp

after making this bet, i went from 8,670,568 xp to 8,672,836, a gain of only 2,268

this results in less than 50% of what should be earned, meaning the rakeback is actually not 1.1%

bet used was id https://duckdice.io/share/bet/6e359622de9

i am seeing the same type of results with bch as well. based on what the spreadsheet is showing, it is a consistent return of 0.5% rakeback from the overall bet, not 1.1% and not 0.55%. please feel free to do the math as well. here is a google sheets link to make it easier since all the calculations are already filled in but you can create your own too :)

https://docs.google.com/spreadsheets/d/1WbupPzzt1RsSzdOPkZ6WOk8kU1FUWPwo8Fzj94up0eI/edit?usp=sharing

sorry, above i put "to earn 1k xp" but it should say "to earn 5k xp" -- that is what the calculation was based on and you can confirm through the math that follows it :)

marello said:

sorry, above i put "to earn 1k xp" but it should say "to earn 5k xp" -- that is what the calculation was based on and you can confirm through the math that follows it :)

Ohh wow ..need time to look into that and compare with mine 🤣🤣🤣🤣🤣 I bet @stan: would have better elaboration than me anyways :)

miki said:

Ohh wow ..need time to look into that and compare with mine 🤣🤣🤣🤣🤣 I bet @stan: would have better elaboration than me anyways :)

definitely do! i noticed it easily because in 2 days i wagered over 2 btc and only got 2.5 levels and based on your calculation i would have gotten 6. it made it pretty easy to tell something was off. make sure you turn off any auto bets before you do the test so you have spot pricing, exact calculations on your xp gain, etc :)