BITCOIN CRASH GAMES 2022 & Crypto Crash Casinos

This is a very interesting question that is often asked whenever someone talks about Bitcoin crash game outcomes and probabilities.

The answer is this: As counter-intuitive as it seems, crypto crash has a house edge as well, meaning that whatever you bet, the house has the upper hand. Even at 1.01x.

Here is how it works:

The formula for the multiplier is 0.99*E/(E-H).

E is the maximum possible multiplier and H is any number between 0 and E-1. It basically represents all possible events that can happen.

An easy example is this: If E is 10, then all possible events and multipliers are:

Of course in reality E is much, much larger, so you can get all possible multipliers between those numbers, but the probability distribution remains the same.

As you can see, 5 out of 9 events fall under the 2.00x multiplier (disregarding the H=0 event, which will not occur). This shows that lower numbers will occur much more frequently.

If we were to write the sequence for a larger E, you would see that you would get many multipliers between 1x and 1.01x. For example, for E=100 we already get 2. If you were to cash out at 1.01x every time, you would be successful in all events but those 2. That means that you would win (100-2)*0.01 times your bet or 0.98 times your bet. The problem is that you would lose the other two; that is 2 times your bet. So your outcome would be 0.98-2 times your bet or -1.02 times your bet. In reality that means you would lose your entire bet.

Do not misunderstand – hitting a large multiplier and cashing out is still a very viable option! But this is a game of chance, just like any other casino game. Good luck!