Exploring the Math Behind Crash | Roobet Cryptocurrency Casino Game
ฝัง
- เผยแพร่เมื่อ 17 ก.ค. 2020
- Exploring the math, statistics, and code of the Roobet Crash cryptocurrency casino game in order to calculate the expected value and average loss per game. Using Python, we are able to simulate different betting strategies and determine the effectiveness of these approaches.
Contact: MindingTheData@gmail.com
GitHube repo for code: github.com/MindingTheData/Cra...
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This is my first TH-cam video and I would love to make more just like this, so please Subscribe and like this video to let me know that I should make more!
Also please leave any comments or questions down below :)
Thanks for watching!
DISCLAIMER: This video and analysis is intended for entertainment purposes only. You should not take this video as a suggestion to gamble in any form. I am not a financial advisor and you should not take anything in this video as financial advice.
Hey everyone! Thank you all so much for the success that this video has had over the past couple of years 😄
Your support and interest in these types of videos has made me want to continue pursuing these types of projects and share my learnings with others.
If anyone has any project ideas that may benefit from data science, statistics, or programming, feel free to reach out to me at mindingthedata@gmail.com
I'd be very interested in collaborating on projects with other people, or potentially consult on projects if you're looking for someone with my skillset. Would be happy to hear any and all ideas that you may have!
please make the calculators back online
i was genuinely surprised when he said this was his first video ever
it was a hard flex lmao
Let's hope it's not the last and everyone gives him the credit that's deserved.
Coooool vid good job
Me too haha, what a pro video!
Same
This video was actually so well put together especially for your first vid very interesting stuff.
it was very well done i agree
I am an IT student. I've always wondered why we need math in this career but now I fully understand because I have witnessed it's use in a real-life scenario/ practical way. Thanks :)
Idk why the hell youd wonder why you need math in IT
Sand some tips plz
@@200iqMEMES because you don't see it's significance immediately. Delayed gratification type shii
@@200iqMEMES oh and it's *you'd
How often/rounds does a 100× occur? I'm looking everywhere but I can't find anything
As an engineering student struggling with "Probability and Statistics" (P&S, that's a whole subject), this is a gold mine. I am currently studying for that subject's final exam and I found I'm very interested in it, as soon as I recognised things like P(X
Contct me please
A basic understanding of probability, some intuition and luck and you can def make money on this game. It's a rollercoaster though
@@Juntahh he just showed its not a good gamble
I cannot believe the success that this first video has had! You have all been extremely supportive and I cannot thank you enough for helping me grow this channel.
My main goal is to use data and statistics to inform people on topics such as gambling, finance, and probability so that they are able to make higher quality decisions. I love to see such a large amount of people interested in both probability and programming, and I think that these are two areas that are initially very confusing to people, but are much simpler as you begin to break them down and learn them piece by piece.
I also believe that these skills are invaluable, as you can apply them in nearly all aspects of your life. It is because of this that I ended up making a free Introduction to Programming course in Python, which contains about 2 hours of material to leave you with a basic understanding of the fundamentals of coding. You can check it out for yourself here: minding-the-data.teachable.com
Also, I have creating a reading list of some of my favorite books centered around gambling, probability, statistics, and the stock market and would highly recommend these books if you have any interest in any of these subjects! Feel free to check the list out here: mindingthedata.com/reading-list/
Thanks again for supporting the channel and I can't wait to share the future videos I have in store!
**UPDATE**
It looks like Roobet has changed their code even further and now there seems to be a 1 in 20 chance of the same crashing instantly compared to the 1 in 33 chance at the time of this video.
Dam bro you got me watching this at 2am. Good shit tho!
Great video! Very surprised to see people using the martingale system. I actually used to perform the martingale system in modded games that had casinos for virtual money and tweaked it to where I would start with a very low initial bet for a small return. However, I would 3x every 3rd to multiply the initial return for the prolonged wait. I wish the people participating in these gambles would instead invest in shares of well-known company and held it rather than gamble for a short cut.
Great video, a pleasure to watch!
super awesome video bro keep it up!
Awesome vid, keep it up!
YO this guy is going places, good shit. Would love to see more Probability/ Statistic videos related to Money & hot topics
Same, he'd easily get a ton of views and subs
@@vickiecroley8603 Sounds like a scam.
An actual in-depth analysis on the coding and mathematics behind this. It’s more than I could ever ask for, as someone who grew tired of all these “guaranteed profits” bs. Excellent work here, especially for a first upload
Awesome vídeo, man. I've been looking for someone that analysed this games code and you explained it in very graphic and simple way. Thanks a lot
This was honestly one of the best videos I have seen on TH-cam for 2020. Keep up the good work!
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Do you help me?
I'm not so fluent in English.
so I'm not understanding that he's saying. Would you mind helping me by writing those that he's Saying. Then I'll be able to translate your text to Bangla so that I can understand. It'll be Very helpful.
@@rafijurrahman9108use the video transcript that is in the description
I actually love watching someone calculating odds and probabilities so they have an idea of what's going on. But it's hard to find channels that simplify most things , and I was surprised that this was your first ever video yet was made exactly how I like these type of videos. Simplify yet clear . You have a bright future for your channel and I hope things will go well as it should be. Stay strong!
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I dont comment under videos, but this is one of the videos i have to.
The way you explained it is the best I have seen so far. Probably could have shown how many times (from the previous games) there were crashes under 2x, or a similar graph of Crashes under 2x / Time.
I have also experimented with various martingale variations which give you a upper hand in the short term, however long term everything falls apart.
I cannot stress hard enough the fact that the house will always win, one way or another.
If you ever decide to put money in gambling, consider that money lost. If you do so, just play for the fun of it, and if you cant, dont play at all.
I’m a maths and data analysts graduate and loved the use of formula in this video! You’ve got talent! You should do a similar video for the other major casino games!
this deserves wayyy more views then it has. great analysis. ive been wondering about the math but ive been way too lazy to do it myself lol. instant sub!
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@@brayangriffin301 Please can you connect me to your mentor, please? I need help
i had low expectations coming into this video but you're actually smart af lol. i took a stats class in college 2 years ago and im suddenly remember all the distributions and expected value stuff. great video man. genuinely was worth 8 mins of my life lol
Oh oh no need to fight man
Awesome video man, as a junior data analyst myself I love seeing a data analysis channel of some quality! You definitely got the data down right on how to make an interesting video!
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Great video, i'm a data scientist, majored in math and everything was accurate and well explained. Keep at it my friend.
Loved the articulation, especially the usage of python function alongside gsheet as explanation. Do make a video on expected value for poker bets!
I’m bad at math and hate programming but this guy singlehanded inspired me to do better. I don’t know why but this video made me want to be better in my studies.
Cause he’s showing you real life tasks you can apply math and programming to
3 beers later and a joint.....you will very fast forget about all your great sudden and unexplained ambition :P
*Hello there's this trader you should know she's an expert in trading she as made me wealthy, Ever since i started following her strategy & techniques things as be going well for me*
@@brayangriffin301 Please can you connect me to your mentor, please? I need help
@@alexlex8707 reflecting your own problems there, right? :D
All this stuff was way over my head but this video is amazing and it’s so cool seeing you break down the equations and the math behind how the house wins
Man i'm hooked on the way you explained it in simple mathematics hope you put out more videos.
The effort put into this video is insane I tried a coding class for 1 semester and it was so confusing I had to drop out and the code this guy did was crazy
Just have to pay attention this is basic code tbh and math 💀 if you hood wit yo numbers and $$👇🏻 u will learn
Stackoverflow man. Found out most copy paste from that website
Bruh this video is excellent. To sum it up they pretty much hold the margin by the games that crash right away. If you make it past that you’re pretty much 50/50 but you’ll never make it past the initial crash losses over time.
I'm not even playing the game, but the way you analysed the data subbed me instantly. Amazing data skills.
*Hello there's this trader you should know she's an expert in trading she as made me wealthy, Ever since i started following her strategy & techniques things as be going well for me*
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super impressive for a first youtube video. As a business admin student, statistics and money are music to my ears! subbed
This video reminded me of my ap statistics class senior year in high school. Good video bro. Congrats on the quick success on the TH-cam channel! Mine hasn’t had any videos pop yet.
Fantastic video. After studying Econ and Stat in college, I can't appreciate it more.
Great video, enjoyable to watch. Looking forward to seeing more! Best of luck
Excellent analysis and great job on your first yt vid.
Dude I took probability and I couldn't understand a word, but your explanation is so much easier to understand
I usually never comment on youtube videos but that was an absolutely amazing explanation are your part. Thank you for clarifying how everything works I hope you make more videos your very talented at it!
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Hell of a good job on a first video man well done
This is great, amazing that this is your first video!
This was literally so well put together and explained! Thank you for taking the time to create such wonderful content. I look forward to see your future videos as I have subscribed!
Wow that's nice, thanks for replying, you can send a message to my administrator Sherry Alfie on watsap to earn in crypto.
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She's excellent at what she does, tell my expert I referred you to her. Her passionate strategies are top notch
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wait... this was your first YT vid? outstanding work dude
Yo, good job, music nice not audio I have heard 400 times already, cuts nice, microphone not choppy, I am impressed for a first video. GJ
that was very interesting, moreover it's some great content for a new youtuber, i have to say i was surprised when you said it was your first video
This is exactly the kind of channel I have been looking for for YEARS.
Teach me senpai
You’ve got a natural talent for TH-cam well made video especially for your first one man keep up the work and you’ll go far!
*Hello there's this trader you should know she's an expert in trading she as made me wealthy, Ever since i started following her strategy & techniques things as be going well for me*
Her Gmail @sherry alfie trading options fx
Extremely good first video! Keep it up, this was really well made and interesting
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Hello, I'm in Brazil and I really liked this content about probability in betting games, I'm looking forward to the next video in more detail.
This is cool. I've always been mathematically inclined, hence why i became an elec engineer. But i've been doing some home projects with python involving scraping data from websites, and the more I think about it the more i'm fascinated with data. Numpy breaks my brain, but pandas has been pretty cool to work with. Glad your video showed up. I subscribed so hopefully you crank out some more interesting stuff like this
*Hello there's this trader you should know she's an expert in trading she as made me wealthy, Ever since i started following her strategy & techniques things as be going well for me*
Her Gmail @sherry alfie trading options fx
We are the same
As a newbie about to invest, you must have these three things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advisor.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Johnson Nikon. A widely known cypto consultant
Oh please, how can someone get to speak with Johnson Nikon ?
he's mostly on Telegrams, using the user name
@Johnsonnikontrader 💯 ..that's it
Killer first video man you got my sub. Do more gambling strategy analysis videos. Maybe evaluate a couple craps strategies people use. I would love to see that!
By my curiosity of Roobet, I wound up on this video. So well put together and clearly high quality. No brainer to subscribe!
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This video is so well done it upset me lol. It's very clear and concise and boils down some complex topics into easily digestible information. The problem is that it is so good it makes me feel insecure. I like to think I'm a pretty smart guy when it comes to an average person, or at least whatever I believe to be an average person, and then I watch something like this and feel totally out of my depth.
It's not just that you're skilled with math, to the point where what you're showing really strained my brain to keep up. It is that you know when and where to use it. The fact that you knew what kind of formula to choose to get what you wanted. It's even more than that though. There's a resourcefulness to it all. The fact that you wanted to examine this in a way that clearly showed your audience the point you were trying to get across, which was that these games don't make you money, meant that you had to find something definitive. How to do it? Show the raw value per play. Then you managed to get from point A of what you wanted to achieve and show to point B of successfully showing it, which took a lot of mental leg work.
You had to know people post the code for these games, find it, know how to read it, and know how to manipulate it. Then you had to be skilled enough with the math to evaluate the data the way you needed. It's not just a raw knowledge thing. There's a practicality and an application to it. There's a lot of people that might know the "how" to things without also knowing the "when", "where", and "why" of those topics.
Adding on to those skills, you're a talented storyteller. You took the time to organize the video's thoughts. You introduced it with this documentary like flair setting up the culture of this game. It had me hooked and as I've described I'm not comfortable with this level of math and don't know the first thing about code, yet I couldn't stop watching. I'm still fairly young, but watching something this good makes me feel like I've wasted too much time and/or potential. All of this is a weird pity-party way of saying you got a great head on your shoulders, skills-wise. If you're ever feeling in doubt about yourself, I couldn't begin to code, or calculate proper statistics, or craft a video as well as you've just done. Good luck with your channel.
Thank you so much for all of your comments! This has to be the nicest and most organized review of my video that I've received so far.
I am super glad to hear that you were intrigued by the video even when you did not fully understand the code that I was going over. My goal was to explain this in a way that was simple enough for people to follow along without being thrown off by the technicalities, but also in-depth enough for them to fully understand the math/code if they wanted to do so.
In response to your comment of feeling like you've wasted a lot of your time / potential, I think that that's a very similar feeling that I've had and I'm sure that many others have experienced as well. That was honestly one of the main motivations behind this video / channel. I saw a lot of other people creating some super cool content and wanted to try it out for myself and lucky enough for me, TH-cam helped me find an audience of people that are interested in it!
I think that working on something that you're interested in and sharing with others to get feedback/comments is a great way to stay motivated in an area you're passionate about. Motivation is such a hard thing to maintain consistently and I struggled with it a lot while creating this video. I would work on it on and off and any progress that was made would slowly keep me going. It took me a long time to finally get the functions working in order to collect all of the data and it took me even longer to figure out the math and condense it into a function that lined up with the results. Creating the actual video was by far the most taxing part of the whole project but you're able to see the progression as you go along and it was a great feeling to finally finish a project rather than giving up at a difficult point.
By the effort and detailedness that you put into your comment, you seem like you have a drive to learn and create. I think you should spend some time thinking/searching for a project that you've always wanted to complete but have never found the time or motivation. It's okay if the progress you make is slow, just as long as you get there in the end. That feeling of completing something that you didn't have total confidence in at the beginning is incredible and I think it should motivate you to move even quicker on the next one. Being stuck on a specific part can get extremely frustrating but getting past these obstacles is the most difficult part. Stick with it and remember that each time you fail, you learn and gain an even better understanding of whatever it is that you're working on.
If you end up finding an idea for this project, I'd love to hear about it as well as the progress that you're making. If there's any way I could help whether that be coming up with an idea or recommending sources to learn from, please feel free to reach out!
Thank you again for your comment :)
@@mindingthedata4218 i have no choice but to subscribe after having read this great reply to a great comment. keep it up and stay humble!
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Nothing in this video blew my mind more than "this is the first video I've ever made"
was chocked when i saw that you only had 7180 subscribers.. Keep it up man, quality content!
I absolutely LOVED this video and how you presented the data, thank you!
Wow man this video was insanely in depth and well put together for your first video. I actually shared part of the video with my probability professor as it is a perfect real world example
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ALL Casino games are designed like this - that's their very nature. Great work on the video mate!
Loved this video, very well done! Please make more content like this!
Excellent first video. Please keep making them!
I checked something else I had in mind and you are right. It's impossible to win this game consistently. thank you for your research!
Wow, the ideas on this video is not just direct but also coherent and put together well. Nice Job for your first vid, man. You earned a sub.
*Hello there's this trader you should know she's an expert in trading she as made me wealthy, Ever since i started following her strategy & techniques things as be going well for me*
OMG! Nice video dude! I can't believe this is your first video! Well done :)
good job. amazing first video. you get my sub!
wow...this is amazing insight. I tip my hat to you sir for this. You just saved my bank roll lol. Please please make more content. You are a literal genius! God bless !
Wow that's nice, thanks for replying, you can send a message to my administrator Sherry Alfie on watsap to earn in crypto.
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She's excellent at what she does, tell my expert I referred you to her. Her passionate strategies are top notch ..
And props to you for doing the crazy math and computing! Cool to see how the odds look
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dude when you said this was your first video I was blown away! good job man!
Was going to go ahead and do this myself. but you beat me to it :) thank you for making this mate! You have freed up some of my limited daily compute :)
they scamm people the roulette tables are magnets and they control it even the cards container picks the next cards
Increíble video, i'm mexican and english isn't my native language and I clearly understand everything, thanks for the video.
can't believe im here this early. this video is gonna have a few zeros after it in just a little while! good stuff man!
Wow that's nice, thanks for replying, you can send a message to my administrator Sherry Alfie on watsap to earn in crypto.
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She's excellent at what she does, tell my expert I referred you to her. Her passionate strategies are top notch
Genuinely impressed. Love probability and understanding this kind of stuff. Great first video. What I an always interested in is ways to compare such gambling to say lottery or other gambling forms. Subscription and like given!
as someone who loves programming and loves gamble videos this was very interesting. good job
Man said its my first video after that i subbed instantly imagine the quality videos he can provide
I just got into the martingale strat and Roobet today. So glad I saw this video. I first put in $100, lost it all. Put $500 in, not only got the $100 I lost back, but made another $200ish and my balance is now $804. I was planning to keep doing this because I thought I could just keep winning, but this video has showed me that that’s impossible. Tomorrow morning, I’m going to take almost all of my money pit. I’ll leave like $50-$100 in just to have some fun. So glad I figured this out before I lost it all. Came close to losing it all today too, was betting $1.50 and my bet got up to $384....I won but I pulled out early at like 1.75x. It went past my auto of 2.15x but I was so scared to lose, I would’ve only had $35 left. Thanks so much for teaching me
Please tell me the formula or method if you understand. I loss lot money on 1xbet crash game.
Why not use the martingale system for 10x multipliers
If this is your first video I am instantly subscribing. Super interesting and very well done!
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Amazing video thanks for the content!! Have been looking for something like this for awhile.
Your TH-cam is going to blow up. I’m here for the ride.
Wow that's nice, thanks for replying, you can send a message to my administrator Sherry Alfie on watsap to earn in crypto.
..+..1..9..0..8..7..1..8..7..8..7..0..
She's excellent at what she does, tell my expert I referred you to her. Her passionate strategies are top notch
I'm currently a statistics student out of Cal State Long Beach and have done some similar calculations with similar results so it was really dope to see you come up with the same answers.
*Hello there's this trader you should know she's an expert in trading she as made me wealthy, Ever since i started following her strategy & techniques things as be going well for me*
f you are looking for a legit platform that can increase your USDT, BWL-USDT platform can give you the oppurnity to earn 20%-30% daily passive income with just $11 USDT starting capital plus welcome BONUS up to 1 USDT, If you are interested i am happy to guide you ❤
This is an incredible video man! Keep up the good work you're brilliant :)))))))))
This was your first video??? Awesome video man keep it up!
Overall good video! However I would recommend simplifying the math by using variables for returning equations. It would make the entire math much more understandable for everyone and has in this scenario a simplifying effect helping you explain your findings.
Thanks! 😄 Could you explain what you mean by “using variables for returning equations”. I want to make sure my videos are easy to understand but I’m not exactly sure what this means
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@@mindingthedata4218 sir this videos subtitle Bengali language cc pls.
You said first video?!? Man keep it up, i see a bright future for you here in YT
*Hello there's this trader you should know she's an expert in trading she as made me wealthy, Ever since i started following her strategy & techniques things as be going well for me*
Keep it going. Thank you for your explanation. I was looking for a mathematical analysis of crash. Thanks😊
I just discovered this video and I'm glad I did! your data is a perfect example of breaking down the math but at the same time you gave me an edge. Your data is also based on playing every single round. So if you were to not bet on certain rounds, you give yourself a better chance at winning. For example, If a round just paid out the 2x multiplier, waiting until there are 3 to 4 rounds of losers to bet again would statistically give you a better shot at winning 2x than if you were to bet every round and double. So far I have to say it's worked very well for me. So thank you
I understood your point of view but the point of the video is to show statistics based on active gambling, like a person who does this for about 8 hours a day expecting profit. If we take out some of the games in between, it stops being statistics and probability and it becomes more about luck, since you'll never know the right time to bet anyway.
Unfortunately that is not how it works in this case. Each event is an (essentially) independent event. That means that the probability of winning or losing does not change based on the previous results. In the short term your strategy may pay off, but this does not work in the long term.
Yes i agree definitely didn't see my life flash before me when the maths started
you have a bright future
*Hello there's this trader you should know she's an expert in trading she as made me wealthy, Ever since i started following her strategy & techniques things as be going well for me*
@@brayangriffin301 Please can you connect me to your mentor, please? I need help
@@brayangriffin301 ho
You have a very good voice for making videos, not only that you explain very well.
Just earned yourself a subscriber , keep up the good work man
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dope video man really well done for your first
Here before the yt algo blows this vid up
tldr: casino has advantage, just like any other game they offer.
@Marty Kaspik you CAN beat the house. That doesn’t mean you have the advantage though. The house always has the advantage excluding rare situations like the MIT blackjack team. How do you think casinos make money if they don’t have an advantage on 99% of customers?
well done m8, great explanation & use of coding & maths
dope vid dude! I would love to see the math behind the other games on Roobet and also Craps. I'm a math/cs guy and love gambling lol
This video needs to blow up even more, it’s honestly funny that people think they can outsmart a casino when at the end of the day the casino profits out no matter what 😂
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“This is my first video” I was like 🤯
great video and detailing bro. it's ur first time and its awesome
You are one of the rare TH-camrs where when I watch the first video I’m already subscribed
Her Gmail @sherry alfie trading options fx
This is coming from me as a programmer that's worked in the gambling industry for, well, notable names for a couple years.
These games aren't setup to make the users money, it's a business, they bring in psychologists and mathmaticians to bend the law as far as it will possibly go, when I was 16 I worked freelance at a company in the same genre that have now been bought out by one of the largest companies in the world.
I have my own vices like any other person but gambling will never be one for me, I don't judge people that fall into these things, especially if they're packaged up and stylised in this fashion, we all need to get by in this world with some form of passtime.
But they are legal criminals, I liked the way you broke it down into lehmans terms, for your first video this is incredible man, gave you a sub and hopefully it inspires you to break down more of these things man. Also shoutout to YT for the good reccommend.
How are they criminals? Everyone knows you lose in the long run
Legal criminals? How can a person break the law legally? That made no sense.
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House always wins. Also amazing video especially for it being your first
Wow that's nice, thanks for replying, you can send a message to my administrator Sherry Alfie on watsap to earn in crypto.
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She's excellent at what she does, tell my expert I referred you to her. Her passionate strategies are top notch
AmaZing first video ! Huge fan
THis is the best first video I have ever seen, nice!
Amazing!
Wow that's nice, thanks for replying, you can send a message to my administrator Sherry Alfie on watsap to earn in crypto.
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She's excellent at what she does, tell my expert I referred you to her. Her passionate strategies are top notch
some creators are making this look like a get rich quick scheme kind of thing. thanks for the video and for showing a lot of people the truth.
Dang solid first video!! Honestly impressed
Earned my sub, great vid man, keep it up and youll be on top.
Him: So here’s a derivation of this formula to make it easier to manage
Me: 👁👄👁💧
Bruh imagine going AFK and the coming back and seeing that the game has reached a freaking 600k+ multiplier, the reaction omg I can only imagine
It's rigged, and its just for show.
@@kindvibez690 It’s not rigged. The results are verifiably honest, which is how he generated the results of every game in this video... the odds are obviously in favor of the website, but they aren’t dishonest about their systems in any way...
@@ItsAllEnzynes Max profit is 20k lol.
@@williamkimura2214 still doesn’t mean it’s rigged. I can’t say for all sites but for any that I’ve seen they have listed their maximum cash out. They aren’t hiding any information or cheating. If the maximum cash out isn’t listed then it is rigged.
Not that it matters regarding “fairness” in casino terms, but someone who bets the minimum amount of Bitcoin could realistically benefit from the ridiculously high multipliers depending on what the minimum bet is for the site.
@考える人 it can’t do that. The outcome of the games is verifiably predetermined and cannot be changed based on player actions.
I was surprised when he said that that was his first video he made. Felt like he has done youtube videos for years :)
Enjoyed watching it