Anyone here have some strategy to gain money, but with low profits daily? - page 6.

rdluffy

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Quote from: Betwrong on August 11, 2019, 03:57:06 AM

Quote from: deisik on August 10, 2019, 04:47:06 AM

Quote from: Betwrong on August 08, 2019, 05:30:37 AM

But risking 10 BTC in order to earn several bucks per day is crazy imo

There's another thing which somehow escaped my attention

Which is, it looks like a false dichotomy to me that you risk 10 bitcoins in exchange for a few bucks daily. In fact, there is a great deal of in-between ground in terms of how much you can earn before actually catching the killing streak ("a little left, a little right, a lot of in between"). There would be plenty of variance obviously (as well as a few mighty outliers), and in reality you could earn anything from several bucks and up to whatever multiplier you are using in your martingale setup at a point in time when you risk your whole balance before losing it in case you don't make it

If you have 10 BTC on your balance, the very moment you start martingale on auto-bet you start risking 10 BTC. You can lose it within the very first minute of your betting, and if then you ask yourself "Why was I risking 10 BTC?", the answer would be "In order of earning several bucks per day." Trying to earn more than that increases your chances of losing all your balance in a shorter period of time. I was assuming 1 satoshi as initial bet, and that's were "several bucks per day" came from. The amount you can win with martingale is defined by the speed of rolls on a dice site, and we all know that it has its limits.

There's a website, which i forget right now, that you can calculate how many losses you can take with martingale method
And it's insane how quickly escalate, with dice in autopilot you can and you will lose all money

numanoid

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Quote from: Polar91 on August 10, 2019, 07:59:41 PM

Am I the only one who don't think that targeting low profits in gambling isn't worth it?
Like, for me if you're gambling then you always aim for a large profit because you're risking your money already. It doesn't change if you're aiming for low or huge amouny of winning. It's not like trading wherein scalping can be properly be practised wherein you're just aiming for a minimum percentage of profit from your capital.

Risked large amount to earn small amount isn't worth, agreed. But there are some people who want to earn small profit in daily to minimize the risk and prevent from getting greedy, also stop when you already hit your daily goal (1-2% from your balance).

Quote from: Betwrong on August 11, 2019, 03:57:06 AM

If you have 10 BTC on your balance, the very moment you start martingale on auto-bet you start risking 10 BTC.

I don't think there will be any person who risked 10 BTC with martinfail strategy

Betwrong

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Quote from: deisik on August 10, 2019, 04:47:06 AM

Quote from: Betwrong on August 08, 2019, 05:30:37 AM

But risking 10 BTC in order to earn several bucks per day is crazy imo

There's another thing which somehow escaped my attention

Which is, it looks like a false dichotomy to me that you risk 10 bitcoins in exchange for a few bucks daily. In fact, there is a great deal of in-between ground in terms of how much you can earn before actually catching the killing streak ("a little left, a little right, a lot of in between"). There would be plenty of variance obviously (as well as a few mighty outliers), and in reality you could earn anything from several bucks and up to whatever multiplier you are using in your martingale setup at a point in time when you risk your whole balance before losing it in case you don't make it

If you have 10 BTC on your balance, the very moment you start martingale on auto-bet you start risking 10 BTC. You can lose it within the very first minute of your betting, and if then you ask yourself "Why was I risking 10 BTC?", the answer would be "In order of earning several bucks per day." Trying to earn more than that increases your chances of losing all your balance in a shorter period of time. I was assuming 1 satoshi as initial bet, and that's were "several bucks per day" came from. The amount you can win with martingale is defined by the speed of rolls on a dice site, and we all know that it has its limits.

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Quote from: rdluffy on July 29, 2019, 10:37:19 AM

Some example, you deposit 100 USD, you use martingale method to gain at least 1 dollar (1%) and you stop, and do the same the day after

This is just a random example I made right now, but I want to see if there's someone who try to use a strategy to gain very small profits daily instead of trying with big bets

And guys, I know there's no 100% strategy, it's just curiosity

Money, low profit. Gambling would never be risk free. The lower the bet, higher would be your risk to reward ratio.
More you bet on small odds, more would be your chances of losing higher amount.
There are other ways of getting a small profit. But 1% a day would still be high. Betting on bankroll may be one of the safer way to earn a low profit than actually betting against the house.

maydna

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No one can be certain they'll get a small daily profits, if anything at all. The only thing you can do is try to minimize risk. You'd take several loss before you can make a win that would recoup previous losses.

I prefer to minimize the risk if I cannot win in the gambling games because I don't want to see a big loss. I will stop for a while from gambling and perhaps, I will try again on the other days so that I don't have to lose more money. But even if we use a good strategy, we are difficult to make money even for little money because, in gambling games, there is no sure for us to win because the situations will always change. So that will make us difficult for the hope of another winning.

seoincorporation

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Quote from: ?? on ??

I doubt anyone could make profits on daily baiss. At times yes you can make profits but also loss is a part of the game. So one has to be preprared for it that their will be days where you will incurr losses too. Now gambling if you doing just to make money than quite risky beacuse it could just not happene that way. Also little safe bet if you want to take it then do sports betting where you can bet on the known team or player who has greater chances of winning it.

You shouldn't doubt it because is really common, I know some people who gamble with daily profit bases, and is a smart way to gamble without being greedy. The only problem that gambling is random and we can't always win. So, if we are chasing only the 1% of the bankroll on a bad streak we can end losing it all.

Polar91

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Am I the only one who don't think that targeting low profits in gambling isn't worth it?
Like, for me if you're gambling then you always aim for a large profit because you're risking your money already. It doesn't change if you're aiming for low or huge amouny of winning. It's not like trading wherein scalping can be properly be practised wherein you're just aiming for a minimum percentage of profit from your capital.

jakoylantern

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Quote from: rdluffy on July 29, 2019, 10:37:19 AM

Some example, you deposit 100 USD, you use martingale method to gain at least 1 dollar (1%) and you stop, and do the same the day after

This is just a random example I made right now, but I want to see if there's someone who try to use a strategy to gain very small profits daily instead of trying with big bets

And guys, I know there's no 100% strategy, it's just curiosity

For me, the strategy that I do to gain some money is spent or bet some cash that I won last game. When I win I usually keep 75% and save the other 25% for tomorrow or the next game and then when the profits reach high I keep the money again. I learn from my past that doesn't spend too much money, especially on gambling or in betting sites. Also, now that I need to pay the bills and to my own expenses, I don't spend too much or gamble too much.

mindrust

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Quote from: rdluffy on July 29, 2019, 03:59:28 PM

Quote from: Spaffin on July 29, 2019, 03:10:22 PM

I think that this is a very scary approach to making a profit if someone has to risk $ 100 in order to make a profit of $ 1. For many gamblers, Perhaps this is a mere trifle, But those who are looking for a chance to earn money, $ 100 is a big amount to risk. After all, it’s not the fact that $ 100 can bring $ 1 in profits in a short time.

In the hypothetical situation I would not risk 100 USD to gain 1 USD
I would deposit and have a bank of 100USD and try to have 1 USD profit each day

I'm sorry if I'm not clearly

That's the right mindset.

You definitely wouldn't want to risk $100 to get $1 profits. Only gamble if the expected return is worth it. If what you get from a bank (without risking money) is equals (or more than) what you may get from gambling, playing that game does not make any sense. You can replace the bank with any other fool proof source of income.

If the expected returns are less than %100 for example, in my case, I usually avoid that game because I can get similar returns from trading or just hodling. (sometimes even more)

deisik

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Quote from: Betwrong on August 08, 2019, 05:30:37 AM

But risking 10 BTC in order to earn several bucks per day is crazy imo

There's another thing which somehow escaped my attention

Which is, it looks like a false dichotomy to me that you risk 10 bitcoins in exchange for a few bucks daily. In fact, there is a great deal of in-between ground in terms of how much you can earn before actually catching the killing streak ("a little left, a little right, a lot of in between"). There would be plenty of variance obviously (as well as a few mighty outliers), and in reality you could earn anything from several bucks and up to whatever multiplier you are using in your martingale setup at a point in time when you risk your whole balance before losing it in case you don't make it

Quote from: ?? on ??

I think we can count those people that waste their time on faucets since there are few people that I know that does that. What they do is earn some bitcoin or satoshis to be exact and try to increase that by betting on it slowly, despite the fact that they know what they will end up to, well, waste of time, they still continue what they are doing though they are winning sometime, most of the time it is really a waste of time

I wouldn't call it a waste of time if you get something in return, even if it is just entertainment and fun

pixie85

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The only way to get a static income is investment. OP is thinking that he will be able to farm the casino every day and keep winning but it's impossible. You'll keep winning every day 10 dollars a day and one day you'll lose 20 and get yourself back 2 days in schedule.

It's possible to play on a regular basis and keep winning something every month but it will never be a stable income.

deisik

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Quote from: Betwrong on August 08, 2019, 05:30:37 AM

Quote from: deisik on August 07, 2019, 05:16:04 PM

~ With that said, though, you could still use martingale and earn something without risking your balance too much. I remember there was only one case with a losing streak like 24 rolls at 50% win chance in the entire history of a certain casino. And that means something if you ask me. So as long as you are not losing in 20 or so reds on end, you can assume you are on the safe side of the dice

But your winnings will suck

If you are immune to 24 reds in a row, your winnings will suck big time indeed. In fact, they will suck to the extent that the electricity your computer uses during the game will cost more than all those winnings combined. So, unless you are willing to risk 10 BTC, your winnings will hardly be anything to talk about. But risking 10 BTC in order to earn several bucks per day is crazy imo

Actually, that remains to be seen

Right now I'm testing such setup empirically at wolf.bet. As you can see from these stats, I earned a little over 10 doges and right now my balance is around 90 doges, most of which came in the form of a giveaway. So if we take an average of 45 doges since I started rolling there, this produces 20% income on capital, which would be around 2% daily. And I have yet to see an outlier that would either kill my balance or add to it significantly

Indeed, it is only a matter of time but since I can receive free doges daily, this setup is similar to the one described here, i.e. with each addition the killing streak becomes longer and longer, and then we can see how much can be made daily and how long it will take till the bust

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Quote from: robjobs on August 06, 2019, 03:17:51 PM

If there was a strategy no one on here will share it with you, or anyone on here.

Oh you have no idea, here we are our brother’s keeper. I have gotten some strategies from here that worked with some of my games but maybe not always and I have also shared some ideas with other players that were helpful at some point. This is what we do here, maybe you should get that straight bro, although we all know that these things are all based on trial but then, it’s better to try than not to try at all.

Back to the Ops question, I really do not have any idea of such strategy but then setting limit is one magic that helps in winning most times, although you might not win always but loses will be averted and the game can be controlled.

coin-investor

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Quote from: rdluffy on July 29, 2019, 10:37:19 AM

Some example, you deposit 100 USD, you use martingale method to gain at least 1 dollar (1%) and you stop, and do the same the day after

This is just a random example I made right now, but I want to see if there's someone who try to use a strategy to gain very small profits daily instead of trying with big bets

And guys, I know there's no 100% strategy, it's just curiosity

So you want to make at least 1% daily of your deposit, the first thing you need to address is how to stop to continue when you are having a set of good rolls, I have done it myself, setting up a goal daily and stopped when I hit my goal, but it's hard to do that I have this feeling that I have to continue because it's my lucky day and tomorrow is another day, it has become a struggle, gambling is very much different from investment, you have to take out the money and leave the site.

Every time the thought that you have funds in your gambling dashboard pops up, the temptation to login pops up also.

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Quote from: yazher on August 08, 2019, 04:27:28 AM

If you want that kind of profit you can just practice day trading in this method you are no longer have the fear of losing it all because this is the most safer method to earn little profit every day that I know.

But You also need to keep in mind that this needs to be practiced day by day and not every day is a sure win you also need to keep in mind when investing your money there is no method that will give you a win-win situation only if you take some little risk on that way you can gain some profit.

With the risk there's always an outcome to followed whether you'll be able to earned decent or lose your investment, but since its an open market you can have all the practices that you need together with all the information that can helps you to figured out what will be the best options to take, trading can be more enjoyable and profitable than trying your luck inside gambling industry, short/day trading can be performed just keep your nerved up and accept the risk to take.

deisik

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Quote from: nydiacaskey01 on August 07, 2019, 07:45:26 PM

Theres no such thing as strategy. It might have worked on a day or two, but it will not work consistently that one can earn money on a daily basis because if there is, people will stop working and just rely on this strategy since it would not require hard labor

It is not only that

As things are typically more complicated in real life than we want them to be or think they are. More specifically, people are greedy, but it is not so much greediness itself which is the main problem here (and elsewhere, for the record) as our inability to resist it. In other words, most people won't be able to stick to their guns and make do with what profits they can earn more or less safely. Their greed will force them to lose caution eventually and go for more. Then they hit an outlier like 20 reds in a row, and their don't give a damn gets instantly busted

Betwrong

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Quote from: deisik on August 07, 2019, 05:16:04 PM

~ With that said, though, you could still use martingale and earn something without risking your balance too much. I remember there was only one case with a losing streak like 24 rolls at 50% win chance in the entire history of a certain casino. And that means something if you ask me. So as long as you are not losing in 20 or so reds on end, you can assume you are on the safe side of the dice

But your winnings will suck

If you are immune to 24 reds in a row, your winnings will suck big time indeed. In fact, they will suck to the extent that the electricity your computer uses during the game will cost more than all those winnings combined. So, unless you are willing to risk 10 BTC, your winnings will hardly be anything to talk about. But risking 10 BTC in order to earn several bucks per day is crazy imo.

yazher

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If you want that kind of profit you can just practice day trading in this method you are no longer have the fear of losing it all because this is the most safer method to earn little profit every day that I know.

But You also need to keep in mind that this needs to be practiced day by day and not every day is a sure win you also need to keep in mind when investing your money there is no method that will give you a win-win situation only if you take some little risk on that way you can gain some profit.

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Quote from: nydiacaskey01 on August 07, 2019, 07:45:26 PM

Theres no such thing as strategy. It might have worked on a day or two, but it will not work consistently that one can earn money on a daily basis because if there is, people will stop working and just rely on this strategy since it would not require hard labor.

Systems are not bulletproof. It will depend on how much luck you have and how much risk the strategy takes. A lower risk system will take ages to keep/gain small profits where most people dont want to go that route.

nydiacaskey01

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Theres no such thing as strategy. It might have worked on a day or two, but it will not work consistently that one can earn money on a daily basis because if there is, people will stop working and just rely on this strategy since it would not require hard labor.

Topic: Anyone here have some strategy to gain money, but with low profits daily? - page 6. (Read 8028 times)