Comments on: BitBet, January 2013 Statement http://trilema.com/2013/bitbet-january-2013-statement/ Moving targets for a fast crowd. Tue, 09 Jun 2026 22:55:14 +0000 http://polimedia.us hourly 1 By: Mircea Popescu http://trilema.com/2013/bitbet-january-2013-statement/#comment-91876 Mircea Popescu Wed, 06 Feb 2013 23:43:52 +0000 http://trilema.com/?p=45931#comment-91876 <a href=http://computer.howstuffworks.com/question717.htm >Algorithm</a>. Algorithm.

]]> By: Teazery http://trilema.com/2013/bitbet-january-2013-statement/#comment-91875 Teazery Wed, 06 Feb 2013 23:08:30 +0000 http://trilema.com/?p=45931#comment-91875 Why does house make bets? Who's making decisions? What's an algorithm? Why does house make bets? Who's making decisions? What's an algorithm?

]]> By: Mircea Popescu http://trilema.com/2013/bitbet-january-2013-statement/#comment-91756 Mircea Popescu Sat, 02 Feb 2013 01:34:36 +0000 http://trilema.com/?p=45931#comment-91756 Right you are. For some reason I was dividing by the number of propositions (ie bets) not by the actual number of bets. Right you are. For some reason I was dividing by the number of propositions (ie bets) not by the actual number of bets.

]]> By: kakobrekla http://trilema.com/2013/bitbet-january-2013-statement/#comment-91755 kakobrekla Sat, 02 Feb 2013 01:32:37 +0000 http://trilema.com/?p=45931#comment-91755 >Over 86 bets. Average bet 12.15690746 BTC, average referral payment 0.02278686 BTC (18.7%). Referral saturation 32.1% over bet count, 7.82% over bet value. Lot of work still to do, dear affiliates. Fixes: Average bet across site: 2.59 BTC Average referred bet: 2.27 BTC (87.6%) Average referral payment: 0.02278686 BTC 86 out of 966 bets referred: 8.9% >Over 86 bets. Average bet 12.15690746 BTC, average referral payment 0.02278686 BTC (18.7%). Referral saturation 32.1% over bet count, 7.82% over bet value. Lot of work still to do, dear affiliates.

Fixes:
Average bet across site: 2.59 BTC
Average referred bet: 2.27 BTC (87.6%)
Average referral payment: 0.02278686 BTC
86 out of 966 bets referred: 8.9%

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