does 1% house of edges mean will will lose all of our balance?
or in the long run we will always lose 1% of our balance? please kindly explain to me...thanks
Topic: Dice game strategy? - page 104. (Read 97245 times)
You got this totally wrong, first of all "luck" is definitely not a strategy. Everything in your life about "luck" and "risk" to begin with but that doesnt mean you can cross the street with your eyes close and hope you get lucky and no truck would hit you. This is totally an absurb thought
The same thing that when you are playing dice and try to win 10 BTC with 10 BTC bankroll as well . You cant expect to be "lucky" , close your eyes and hope for the best but instead with some "strategy" you could atleast try to win some or atleast limiting your loss instead of busting your whole 10BTC
The same thing that when you are playing dice and try to win 10 BTC with 10 BTC bankroll as well . You cant expect to be "lucky" , close your eyes and hope for the best but instead with some "strategy" you could atleast try to win some or atleast limiting your loss instead of busting your whole 10BTC
He probably meant whichever strategy you use the edge is the same 1%. So, getting lucky is certainly a preferable variable than any strategy.
Winning 1 BTC from 1 BTC has 49.5% odds. That is true whichever strategy you pick.
All it can do is reduce the probability, but when someone makes like a 100,000 bets getting bust becomes very probable.
Variable isnt strategy and this thread is merely discussing "strategy" though everything you use will eventually give you either profit or bust . I just find it funny that someone keep on using the words "lucky" as strategy because it is not , plus that everything is about "luck" and "risk" in our life but that does not mean that he can just "hope" for the best because he could be lucky today
Some people prefer making tons of bet to get reduce the "probability" to bust which mathematically means higher chance to win but the difference is pretty much low on the other hand some people prefer to go higher / all in because the thrill of winning is higher rather than getting few satoshis with each of your bet
As my experience with dice game there is no working strategy in long term gambling the house edge will win in the end, do gambling on daily basis with a little goal of profit and must stop when you are in profit.
That's why I like the idea of betting all you have in your balance in just one big roll. Fast result. No hassle. I don't like long term run as everyone knows where it will leads you.
Chances of winning decreases in a long run. There are many posted calculations / analyzations here about that.
Nope. Chances always remain the same. 49.5% for 1% edge.
Yeah your right for 1% edge.
Chances of winning decreases in a long run. There are many posted calculations / analyzations here about that.
Nope. Chances always remain the same. 49.5% for 1% edge.
As my experience with dice game there is no working strategy in long term gambling the house edge will win in the end, do gambling on daily basis with a little goal of profit and must stop when you are in profit.
hello all Give me a profitable Strategy i am Newbie
i see you haven't read comments here at all.. :/as everyone saying there is NO Winning strategy its all based on luck (on long run you will lose all)
so first read before you post something like that
regards.
-Katerniko1
Really ? Start martingale 0.00000001 didn't work ?
Chances of winning decreases in a long run. There are many posted calculations / analyzations here about that.
hello all Give me a profitable Strategy i am Newbie
i see you haven't read comments here at all.. :/as everyone saying there is NO Winning strategy its all based on luck (on long run you will lose all)
so first read before you post something like that
regards.
-Katerniko1
Really ? Start martingale 0.00000001 didn't work ?
I have a few favorites in dice strategies. First one is Labouchere cancellation system. You can just google that and get more info. Also, there are some bots out there that will do it for you but be careful of the automatic cancellation list because it may be sort of high depending on what size bank you start with. I always change mine from the .0001 settings down to .00000020 or lower depending on how lucky I feel or the size of my bank and what currency.
The others are basically just modified versions of martingale. Really small multipliers against low odds of winning can make for explosive fun. So like instead of the usual 2x multiplier you could go with 1.01 multiplier and then make the odds 1/100 or even 1/1000 and start with a pretty low bet proportional to you bank size. So if you start at .1 maybe your bet size is .00000100 or lower.
Mutawa strat can also be very interesting and fun.
But in the long run, either of these strats are just as risky as any other. The key is to stop when you hit a profit but if you are unlucky you could lose right from the start.
The others are basically just modified versions of martingale. Really small multipliers against low odds of winning can make for explosive fun. So like instead of the usual 2x multiplier you could go with 1.01 multiplier and then make the odds 1/100 or even 1/1000 and start with a pretty low bet proportional to you bank size. So if you start at .1 maybe your bet size is .00000100 or lower.
Mutawa strat can also be very interesting and fun.
But in the long run, either of these strats are just as risky as any other. The key is to stop when you hit a profit but if you are unlucky you could lose right from the start.
There is no strategy on dice,but if you get luck you can win some coins.don't invest more than 0.01,this is my strategy.
I think it's wrong ..... in gambling you must invest more than 0.01 BTC ,,, even more than 10 BTc .... best in my opinion is 100 BTc and use a good strategy by approaching to house edge and you can get 30% interest easily and then out ......
Simple as this: Dice does not have strategies at all, what it have is cheating.
Then whats the purpose of put word of "provably fair" on their site? And there are many gamblers who got winning in dice gambling. The strategy is, you must know when you stop, don't let greediness driving you.
there are some that won at gambling sites, but most of them return to bet and lose everything later.
mrklie is an example, he gambled the IPO funds and made 14 BTC profit, but lost everything in the end
if a gambler doesnt know when to stop, its more likely he is just waiting to get busted, no player can bust a gambling site
No, someone can bust a gambling site if he is somehow a cheater.
Simple as this: Dice does not have strategies at all, what it have is cheating.
Then whats the purpose of put word of "provably fair" on their site? And there are many gamblers who got winning in dice gambling. The strategy is, you must know when you stop, don't let greediness driving you.
there are some that won at gambling sites, but most of them return to bet and lose everything later.
mrklie is an example, he gambled the IPO funds and made 14 BTC profit, but lost everything in the end
if a gambler doesnt know when to stop, its more likely he is just waiting to get busted, no player can bust a gambling site
Simple as this: Dice does not have strategies at all, what it have is cheating.
Then whats the purpose of put word of "provably fair" on their site? And there are many gamblers who got winning in dice gambling. The strategy is, you must know when you stop, don't let greediness driving you.
there are some that won at gambling sites, but most of them return to bet and lose everything later.
mrklie is an example, he gambled the IPO funds and made 14 BTC profit, but lost everything in the end
Simple as this: Dice does not have strategies at all, what it have is cheating.
Then whats the purpose of put word of "provably fair" on their site? And there are many gamblers who got winning in dice gambling. The strategy is, you must know when you stop, don't let greediness driving you.
there are some that won at gambling sites, but most of them return to bet and lose everything later.
mrklie is an example, he gambled the IPO funds and made 14 BTC profit, but lost everything in the end
There is no strategy in dice. You just need to hope that you are luck with a winning streak before you cashout from the dice site.
Great. Thanks for your reply. I've noticed that if I bet min, I have more chances of winning. Just did this and won (very small payout). I hope to get lucky someday....
not exactly mate , dice and casino games are designed to make all players lose in the long run
so you may be lucky and win something but if you keep playing then you will lose your bankroll
I agree with this since we are not playing a human where we can determine or check if they are cheating or not.
Correct that players are going to lose in the long run, but the gambling sites don't need to cheat to achieve it. They just need to set the multipliers such that the EV of every bet is negative.
For example, on a dice site with 1% house edge, you have 49.5% chance to double your bet and 50.5% chance to lose it. You could be getting some profit if you make a few bets only, but it is most likely for you to get some loss after making thousands of bets.
Also, it is in fact a lot easier to check if a provably fair site is cheating or not, than to check if a roulette in Las Vegas is cheating.
no need strategy for dice game win after deposit and lose after 30 minutes
Simple as this: Dice does not have strategies at all, what it have is cheating.
Then whats the purpose of put word of "provably fair" on their site? And there are many gamblers who got winning in dice gambling. The strategy is, you must know when you stop, don't let greediness driving you.
There is no strategy on dice,but if you get luck you can win some coins.don't invest more than 0.01,this is my strategy.
The most profitable for short term is 1.7 or 1.8x betting high at least for me it works good when I have faucet or a big budget
yeah dice solely only factor lucky..
no strategy can survive long streak and martingale strategy will be limited by max bet from dice site..and we always lose no matter what.
no strategy can survive long streak and martingale strategy will be limited by max bet from dice site..and we always lose no matter what.
There is no strategy in dice. You just need to hope that you are luck with a winning streak before you cashout from the dice site.
Great. Thanks for your reply. I've noticed that if I bet min, I have more chances of winning. Just did this and won (very small payout). I hope to get lucky someday....
not exactly mate , dice and casino games are designed to make all players lose in the long run
so you may be lucky and win something but if you keep playing then you will lose your bankroll
I agree with this since we are not playing a human where we can determine or check if they are cheating or not.
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