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Topic: 12% loses since joining satoshidice - page 2. (Read 3555 times)

full member
Activity: 193
Merit: 100
★777Coin.com★ Fun BTC Casino!
February 05, 2017, 02:28:24 AM
#76
That is interesting especially with a 1.9% house edge where seems to be the standard house edge is 1%. Hope you can recover and get your money back quickly or cut your losses and get out.
legendary
Activity: 3094
Merit: 1127
February 05, 2017, 12:37:05 AM
#75
Hey guys, an update to the original post.

I've managed to reduce the losses to about 4.4% now since joining a month ago.

Will keep people interested posted.


Nice to see this new update related onto your investment and you did a good decision that you didnt pull-out your money and you waited for a little bit more but see it does really worth and that will surely happen because gambling house do always win it may give you negative results for sometime but in longer runs profits will come.

Thanks man.

Hopefully I and perhaps others can learn from the sharing.
They will surely see this thing pal on what you have shared patience is really a virtue indeed as mentioned above you are lucky that you did not get your investment when you already saw negative or losing amounts.Probably you followed all the suggestion been posted here on which you just need to wait.
full member
Activity: 448
Merit: 103
February 04, 2017, 11:49:32 PM
#74
Hey guys, an update to the original post.

I've managed to reduce the losses to about 4.4% now since joining a month ago.

Will keep people interested posted.


Nice to see this new update related onto your investment and you did a good decision that you didnt pull-out your money and you waited for a little bit more but see it does really worth and that will surely happen because gambling house do always win it may give you negative results for sometime but in longer runs profits will come.

Thanks man.

Hopefully I and perhaps others can learn from the sharing.
hero member
Activity: 3010
Merit: 794
February 04, 2017, 11:11:44 PM
#73
Hey guys, an update to the original post.

I've managed to reduce the losses to about 4.4% now since joining a month ago.

Will keep people interested posted.


Nice to see this new update related onto your investment and you did a good decision that you didnt pull-out your money and you waited for a little bit more but see it does really worth and that will surely happen because gambling house do always win it may give you negative results for sometime but in longer runs profits will come.
full member
Activity: 448
Merit: 103
February 04, 2017, 10:40:21 PM
#72
Hey guys, an update to the original post.

I've managed to reduce the losses to about 4.4% now since joining a month ago.

Will keep people interested posted.

hero member
Activity: 966
Merit: 535
February 03, 2017, 07:00:22 PM
#71
Granted winning is not guaranteed, but have lost to 12% since joining the house early January.



So what is your point exactly ?

You lost and ? You lucky its only 12% and not everything. You just having bad luck.
Besides noone forces you to play there. Come play at yolodice and see if you prefer it there.
sr. member
Activity: 336
Merit: 254
January 30, 2017, 11:29:40 AM
#70
I cant understand this hole conversation.
If You have make 12% Profit at the Same time you would be happy that someone else lost there Money!
I remember the guy on betking that lost 1000btc. All Investors was more than happy and say what a creat Investment 20% Profit and so on! But what was with the guy they lost this amount? Yehh "Must Be Rich" bla bla bla. You Know it?!?! Maybe it was all his Money. Is he still alive?!? This only as example!

If you take a look here
https://dicesites.com/satoshidice
You will see they make since Last year nearly 1500btc Investor Profit but goes ~500btc down now. Still 1000 BTC Investorprofit in 1 year!


Now somethink to the Lucky guy "Underdog01253" this guy Is betting nearly max on Slot the hole day and of course if he hit he will get big payout!
There Are other players there they do the same but with less bigger bets and hit a good Multi to!

Now dont cry and take it like a man and see what will Happen the next few months.
legendary
Activity: 3038
Merit: 1169
January 30, 2017, 07:44:48 AM
#69
Do you guys remember one bitcoin dice owner cheated on the house in 2014? The domain was bitcoindi.ce or similar domain, I can't remember it clearly. Maybe this site is using this trick too, that is why you lost 12%.

Well Maybe? we can really never tell if a gambling site is cheating on us or not because we can not see it and never will know if they are trying to do something with our bets, I think people will be people and a lot of controversies is still underway and never gonna be known if no one would truly be true to himself or gonna be discover by a mere gambler.
sr. member
Activity: 403
Merit: 250
January 30, 2017, 07:10:24 AM
#68
Do you guys remember one bitcoin dice owner cheated on the house in 2014? The domain was bitcoindi.ce or similar domain, I can't remember it clearly. Maybe this site is using this trick too, that is why you lost 12%.
hero member
Activity: 3010
Merit: 794
January 30, 2017, 06:22:18 AM
#67
Well, if casinos would always win, nobody would play there at all. That s why it s called gambling.

You are right, but casino houses are always in the end, I mean they make profit in the long term, if they lose this tiem, they will win next time, and finally players bust all of the fund, 95% gambling story are like this, 90% gamblers are losers in the long term.

Yeah i suppose that you will say that casino will win in the end but they usually do this trick, they will lose for sure in first place so this will attract many people to join on their site and after that they will eat you up slowly. You can't complain this because of their provably fair system. House edge will always consume all of your money. Although it means that 1% is little but in the end they always win some cash because this is business

if what you are saying is true about them fake losing and then winning to take your money, then it means that casino is not fair and sooner or later they will be caught and their business will crash to the ground and burn.
but i doubt any of them are like this because of the provably fair system they have and the easy way of finding that out. and besides as long as there is a house edge there is no need to cheat.
No matter how you cheat you cant really beat up the house or the gambling site itself. I think on most reputable websites i cant say that they are using non provably fair method  and as you said they will surely destroy their reputation once this situation would be discovered. As long theres a house edge they will always win no matter what.

That is correct. All reputed sites know how to make money from gambling business without cheating players. Because all these games need the luck to win money from gambling sites and all these sites know that at the end most of the players going to lose, so these reputed sites spend a lot of money to attract more and more people to play on their site instead cheating players.

Well I don't know if you are following up on the main Satoshidice thread but that gambler who was complaining for months about losing his 77 BTC he finally got it back because he replied on the thread. So its seems like the admins might be finally getting their act together and hopefully this issue gets resolved.
Well,there might be unexpected technical errors do really occur because not all gambling sites are perfect.Problems will surely arise no matter what and i didnt follow up the main thread of satoshi dice if that is the case then its really good that management of satoshidice do fixed that problem.
legendary
Activity: 3808
Merit: 1723
January 30, 2017, 06:12:14 AM
#66
Well, if casinos would always win, nobody would play there at all. That s why it s called gambling.

You are right, but casino houses are always in the end, I mean they make profit in the long term, if they lose this tiem, they will win next time, and finally players bust all of the fund, 95% gambling story are like this, 90% gamblers are losers in the long term.

Yeah i suppose that you will say that casino will win in the end but they usually do this trick, they will lose for sure in first place so this will attract many people to join on their site and after that they will eat you up slowly. You can't complain this because of their provably fair system. House edge will always consume all of your money. Although it means that 1% is little but in the end they always win some cash because this is business

if what you are saying is true about them fake losing and then winning to take your money, then it means that casino is not fair and sooner or later they will be caught and their business will crash to the ground and burn.
but i doubt any of them are like this because of the provably fair system they have and the easy way of finding that out. and besides as long as there is a house edge there is no need to cheat.
No matter how you cheat you cant really beat up the house or the gambling site itself. I think on most reputable websites i cant say that they are using non provably fair method  and as you said they will surely destroy their reputation once this situation would be discovered. As long theres a house edge they will always win no matter what.

That is correct. All reputed sites know how to make money from gambling business without cheating players. Because all these games need the luck to win money from gambling sites and all these sites know that at the end most of the players going to lose, so these reputed sites spend a lot of money to attract more and more people to play on their site instead cheating players.

Well I don't know if you are following up on the main Satoshidice thread but that gambler who was complaining for months about losing his 77 BTC he finally got it back because he replied on the thread. So its seems like the admins might be finally getting their act together and hopefully this issue gets resolved.
legendary
Activity: 1456
Merit: 1023
January 28, 2017, 08:29:50 PM
#65
Well, if casinos would always win, nobody would play there at all. That s why it s called gambling.

You are right, but casino houses are always in the end, I mean they make profit in the long term, if they lose this tiem, they will win next time, and finally players bust all of the fund, 95% gambling story are like this, 90% gamblers are losers in the long term.

Yeah i suppose that you will say that casino will win in the end but they usually do this trick, they will lose for sure in first place so this will attract many people to join on their site and after that they will eat you up slowly. You can't complain this because of their provably fair system. House edge will always consume all of your money. Although it means that 1% is little but in the end they always win some cash because this is business

if what you are saying is true about them fake losing and then winning to take your money, then it means that casino is not fair and sooner or later they will be caught and their business will crash to the ground and burn.
but i doubt any of them are like this because of the provably fair system they have and the easy way of finding that out. and besides as long as there is a house edge there is no need to cheat.
No matter how you cheat you cant really beat up the house or the gambling site itself. I think on most reputable websites i cant say that they are using non provably fair method  and as you said they will surely destroy their reputation once this situation would be discovered. As long theres a house edge they will always win no matter what.

That is correct. All reputed sites know how to make money from gambling business without cheating players. Because all these games need the luck to win money from gambling sites and all these sites know that at the end most of the players going to lose, so these reputed sites spend a lot of money to attract more and more people to play on their site instead cheating players.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
January 28, 2017, 08:15:08 AM
#64
Well, if casinos would always win, nobody would play there at all. That s why it s called gambling.

You are right, but casino houses are always in the end, I mean they make profit in the long term, if they lose this tiem, they will win next time, and finally players bust all of the fund, 95% gambling story are like this, 90% gamblers are losers in the long term.

Yeah i suppose that you will say that casino will win in the end but they usually do this trick, they will lose for sure in first place so this will attract many people to join on their site and after that they will eat you up slowly. You can't complain this because of their provably fair system. House edge will always consume all of your money. Although it means that 1% is little but in the end they always win some cash because this is business

if what you are saying is true about them fake losing and then winning to take your money, then it means that casino is not fair and sooner or later they will be caught and their business will crash to the ground and burn.
but i doubt any of them are like this because of the provably fair system they have and the easy way of finding that out. and besides as long as there is a house edge there is no need to cheat.
No matter how you cheat you cant really beat up the house or the gambling site itself. I think on most reputable websites i cant say that they are using non provably fair method  and as you said they will surely destroy their reputation once this situation would be discovered. As long theres a house edge they will always win no matter what.
hero member
Activity: 1470
Merit: 655
January 28, 2017, 07:58:37 AM
#63
Well, if casinos would always win, nobody would play there at all. That s why it s called gambling.

You are right, but casino houses are always in the end, I mean they make profit in the long term, if they lose this tiem, they will win next time, and finally players bust all of the fund, 95% gambling story are like this, 90% gamblers are losers in the long term.

Yeah i suppose that you will say that casino will win in the end but they usually do this trick, they will lose for sure in first place so this will attract many people to join on their site and after that they will eat you up slowly. You can't complain this because of their provably fair system. House edge will always consume all of your money. Although it means that 1% is little but in the end they always win some cash because this is business

if what you are saying is true about them fake losing and then winning to take your money, then it means that casino is not fair and sooner or later they will be caught and their business will crash to the ground and burn.
but i doubt any of them are like this because of the provably fair system they have and the easy way of finding that out. and besides as long as there is a house edge there is no need to cheat.
legendary
Activity: 1834
Merit: 1008
January 28, 2017, 05:57:29 AM
#62
Well, if casinos would always win, nobody would play there at all. That s why it s called gambling.

You are right, but casino houses are always in the end, I mean they make profit in the long term, if they lose this tiem, they will win next time, and finally players bust all of the fund, 95% gambling story are like this, 90% gamblers are losers in the long term.

Yeah i suppose that you will say that casino will win in the end but they usually do this trick, they will lose for sure in first place so this will attract many people to join on their site and after that they will eat you up slowly. You can't complain this because of their provably fair system. House edge will always consume all of your money. Although it means that 1% is little but in the end they always win some cash because this is business
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
January 28, 2017, 03:43:34 AM
#61
Granted winning is not guaranteed, but have lost to 12% since joining the house early January.



That's life and you are in investment which is vulnerable in losing but still this year is still long enough to recover with that 12% loss.

Even that is "only" for others but for the investors who are really looking for profit with even small percentage, this has an impact.

But I know you can make it mate and will recover, if there's a fall, there's a rise.
hero member
Activity: 491
Merit: 500
January 28, 2017, 12:06:06 AM
#60
Please tell me you pulled out your money!
hero member
Activity: 518
Merit: 500
January 27, 2017, 10:06:20 PM
#59
Granted winning is not guaranteed, but have lost to 12% since joining the house early January.


That is part of risk on gambling game losing money
you should be ready for lost money before play gambling
will makes relax if you are lost money in gambling game
just remember gambling are depend on your lucky.

I think he invested.
Nobody would be dumb enough to complain when they're losing at a casino right?
Right?
So 12% of loss after investing, I understand he's a bit pissed off ^^'
Maybe you are right, unfortunately gambling is game it is not investment
except you have website gambling and taking profit from there.
Many people play gambling to looking for profit
unfortunately they are losing money in gambling.
hero member
Activity: 490
Merit: 500
January 27, 2017, 09:31:00 AM
#58
Does anyone actually bother to read this thread. Its not about gambling losses, its about the sites bankroll losses and how all of a sudden a new user appears and wins big and everyone's bankroll profits go down the drain.

Then there are the other issues with the site itself which has a hot wallet that is always empty, support thats non-existent and a really bad server host that's down alot lately.

Oh, all this time I thought it was the other way around. Then that is indeed a problem. I believe satoshidice has been transferred to a new owner. They might be the cause of all this and there should be an investigation. The new owners might be trying to embezzle the money of the investors there.
It's sad to know that this happened. Some individuals take advantage of the fact that there is no regulation in crypto and try to create these types of services to get money from people with no experience, this is a problem because it keeps many people away from crypto. The best that can be done is for these people to study any website thoroughly before putting money into it.
legendary
Activity: 3038
Merit: 1169
January 27, 2017, 09:18:03 AM
#57
Granted winning is not guaranteed, but have lost to 12% since joining the house early January.



There is really no guaranteed profit over gambling and even if the style of playing is very easy it is not really easy winning it cause it has a risk even if the house edge is 12% there is still a risk to take over playing it, and I think even if they say that the house edge would just be 1% are you really sure it is 1%? they would still want to profit on their site and we could never really know the real percentage of a gambling sites house edge if we would not personally try it out.

the house edge can not be 12% because it means nobody will ever play at that casino!
the 12% OP is talking about is the amount he has lost in that dice site. and that place is a bit strange to me, i don't see any wrong doing in it but they have a big house edge (which is bigger than the regular 1%) so obviously players should lose more but also the investors are losing money! how can these two happen at the same time?

And I am not also saying the house edge on Satoshidice in 12%, I said "IF" the house edge is 12% even if you say that 12% would be to high to be the house edge that nobody would ever want to play in a casino again, I think gambling sites would really not want to give out the exact percentage of it, and I think even if gambling would have a 1% house edge, it is still risky gambling is still gambling winning in it is not a mere walk in the park.
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