Dice game strategy? - page 51. | Bitcointalksearch.org

panjul07

legendary

Activity: 3500

Merit: 1354

Quote from: Kassenzettel on November 30, 2015, 04:24:16 AM

I would say if u play dice, stay away from primedice, I get almost every day streaks like 10-20 looses.

Did you get it on 50% win chance? If yes, so nothing weird in that case, 10-20losses streak at 2x multiplier is a usual thing even you may get more than 20 losses streak.

Kassenzettel

full member

Activity: 140

Merit: 100

I would say if u play dice, stay away from primedice, I get almost every day streaks like 10-20 looses.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: BTCevo on November 29, 2015, 11:44:12 PM

Quote from: Chemistry1988 on November 28, 2015, 07:03:06 AM

Quote from: BTCevo on November 28, 2015, 12:34:10 AM

Quote from: SFR90 on November 27, 2015, 11:00:30 PM

I use 1.65x martingale some time on dice and it works well...
But you always need to be careful!!

I dont think 1.65x martingale is a great multiplier on it. It just depends on your luck when it comes to dice game. What I can say it 2x multiplier is the best thing to do. Because if you win it will double it. Let say base 1btc 2x you will get 2 btc then if you lose you will only lose 1btc. If you use 1.65x you win 0.65 but if you lose you will lose 1btc, it is not worth to bet like that. You need at least bet 2 times to double it and it will double your chances to lose

That is not an issue at all. Let's say if your bet multiplier is m, you should increase your bet size by a factor of 1/(m-1) upon a losing bet when you want to get a fixed profit upon a winning bet.
For example, for a multiplier of x2, you should increase your bet size by 100%; for x3, the increase should be 50%; for x1.5, it should be 200%; and for x1.65, it should be 154%.

The only issue of it (and all variations of martingale) is you will eventually hit a long enough losing streak and lose all your balance.

this is just a logic when it comes to martingale talks here. When you are going for real I dont think that you have enough balance to cover your loss thats why Im saying 2x multiplier is the best because although you used 3x or 4x that is the result on martingale by keep double your balance to win

The 2x multiplier still doesn't help. You will eventually hit the bet/win cap and then you're screwed. Whether you have 50 billion BTC or not is irrelevant -- the sites themselves will keep this from being viable.

BTCevo

legendary

Activity: 1834

Merit: 1008

Quote from: Chemistry1988 on November 28, 2015, 07:03:06 AM

Quote from: BTCevo on November 28, 2015, 12:34:10 AM

Quote from: SFR90 on November 27, 2015, 11:00:30 PM

I use 1.65x martingale some time on dice and it works well...
But you always need to be careful!!

I dont think 1.65x martingale is a great multiplier on it. It just depends on your luck when it comes to dice game. What I can say it 2x multiplier is the best thing to do. Because if you win it will double it. Let say base 1btc 2x you will get 2 btc then if you lose you will only lose 1btc. If you use 1.65x you win 0.65 but if you lose you will lose 1btc, it is not worth to bet like that. You need at least bet 2 times to double it and it will double your chances to lose

That is not an issue at all. Let's say if your bet multiplier is m, you should increase your bet size by a factor of 1/(m-1) upon a losing bet when you want to get a fixed profit upon a winning bet.
For example, for a multiplier of x2, you should increase your bet size by 100%; for x3, the increase should be 50%; for x1.5, it should be 200%; and for x1.65, it should be 154%.

The only issue of it (and all variations of martingale) is you will eventually hit a long enough losing streak and lose all your balance.

this is just a logic when it comes to martingale talks here. When you are going for real I dont think that you have enough balance to cover your loss thats why Im saying 2x multiplier is the best because although you used 3x or 4x that is the result on martingale by keep double your balance to win

CC1

newbie

Activity: 28

Merit: 0

High bankroll - 3x or 2x Martingale.
Use it strategically, not like a retard.

Otherwise just yolo it.

CoinHopper

sr. member

Activity: 280

Merit: 250

Two heads are better than one.

I'd recommend using the martingale strategy with a 1 satoshi base bet, and a 5+ BTC bankroll. What's the chance of losing? You can last almost 25 losses in a row. Betting on an extreme low house edge dice site, and betting low every single time Cheesy

Worked for me, left it on for multiple days straight. Wink

Sanjx

full member

Activity: 134

Merit: 100

There are no strategies to beat any form of gambling. You're just wasting your money and time. Stay away from gambling.

michinzx

sr. member

Activity: 364

Merit: 250

Quote from: SFR90 on November 27, 2015, 11:00:30 PM

I use 1.65x martingale some time on dice and it works well...
But you always need to be careful!!

martingale is a losing strategy in every sense of the word. not only are you betting thousands of times with a house edge in play, youre also relying on gambler's fallacy that your bets will maintain some sort of even distribution over those thousands of bets. every bet should be taken by itself, and with that in mind, its pretty much a guarantee that youre going to lose. theres a good reason most of not all dice sites provide some autobetting tool on their sites.

98problems

sr. member

Activity: 364

Merit: 250

if i play dice i usually use different kinds of martingale strategy and i experiment with it even though i nearly never manage to win any bitcoins with it

FX_Trader

full member

Activity: 182

Merit: 100

I use only martingale.

Astargath

hero member

Activity: 1624

Merit: 645

Quote from: hua_hui on November 28, 2015, 12:50:36 AM

Quote from: SFR90 on November 27, 2015, 11:00:30 PM

I use 1.65x martingale some time on dice and it works well...
But you always need to be careful!!

actually any martingale will get ur profits in the short run but as u drag it longer, u will eventually lose. so all the best. dont over do it! and congratz on ur winning.

Actually totally false, you are implying that short term martingale is better than long term, that would make no sense, if a strategy works short term it should work long term too.

Pollak

full member

Activity: 182

Merit: 100

Pollak

I haven't played dice game yet. Maybe some day I well do.
But for me dice sounds that you don't have some strategy you need to be lucky.
Maybe I am wrong maybe they are some strategy. But I hope for you that you win more with dice Cheesy

.
If not try some others.

KnightTrader

sr. member

Activity: 288

Merit: 250

Anyone tried to martingale with more than 100% increase after loss? A bit more gamble, but makes more sense than trying only to get back losed base bet by risking to lose big amounts.

By my opinion 6-7 times is max to increase bet compared to base bet, after that just suffer lose and start over again.

Tauja

legendary

Activity: 1204

Merit: 1000

Enterapp Pre-Sale Live

Quote from: SFR90 on November 27, 2015, 11:00:30 PM

I use 1.65x martingale some time on dice and it works well...
But you always need to be careful!!

I think, there is no a strategy for dice games and dont try to play martingale for long run
It's very risky to loss you all money.

Aggressor66

hero member

Activity: 728

Merit: 501

Martingale short term--- maybe. It is possible to do well with martingale over a short time of gambling.

Long term--- account destruction. Eventually, you will hit a losing streak that will wipe you out. It may happen in the first week, or it may take a few months. Rest assured, it will happen. It is a mathematical certainty.

I used Martingale before and came to conclusion that is is able to burn any account.

bitcoin-hunter

sr. member

Activity: 364

Merit: 250

With dice you need to be lucky and also roulette.

IF you want strategy games play some poker or blackjack.

Just try maybe you are good with it.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: Financial_Genius on November 28, 2015, 12:12:20 PM

Min balance 2-3 btc .
Base bet size 0.00000100-0.00000250 BTC ,
chance to win % 10 ,
% increase after loss 114 or x1.14

So you are risking to lose 2-3 BTC. I'm wondering how much you get with that strategy say in 2 hrs. I think that would be much less than 0.01 BTC. Am I right?

Financial_Genius

sr. member

Activity: 364

Merit: 250

Min balance 2-3 btc .
Base bet size 0.00000100-0.00000250 BTC ,
chance to win % 10 ,
% increase after loss 114 or x1.14

Mirdude

sr. member

Activity: 319

Merit: 250

Isn't a single method out there that'll guarantee you to win money/high chance of winning, why you ask?
Well, it's all down to luck

yanka50

full member

Activity: 168

Merit: 100

Anyone has a strategy with bet limit that have worked for them?

Topic: Dice game strategy? - page 51. (Read 97224 times)