Dice game strategy? - page 75. | Bitcointalksearch.org

BitmoreCoin

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Quote from: cazkooo on October 24, 2015, 12:30:14 AM

Of course you can lose your money but we are talking about a year. In a very long time like a year you are gonna get more profit of course because of the house edge. Variance may be make you lose profit but you will always get a profit if you invest for a year because it will even out sooner or later

In long term, casino will make profit if managed properly. This is mainly due to the house edge. That is the reason why there are so many casinos. However, casinos have to spend money on promotion, which will cost them money.

Small

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Grow SMALL amount of BTC by earning it

Quote from: ranlo on October 24, 2015, 12:35:48 AM

Quote from: cazkooo on October 24, 2015, 12:30:14 AM

Quote from: ranlo on October 23, 2015, 11:37:41 PM

Quote from: cazkooo on October 23, 2015, 11:33:20 PM

Quote from: leex1528 on October 23, 2015, 11:09:29 AM

Quote from: cazkooo on October 23, 2015, 10:31:06 AM

Quote from: leex1528 on October 23, 2015, 10:13:40 AM

Quote from: cazkooo on October 23, 2015, 10:07:08 AM

Quote from: leex1528 on October 23, 2015, 07:59:42 AM

The problem is usually the bank roll is so high that you have a small amount of money, maybe over the course of a year the site will make you a little bit of BTC. But I would not rather have my coins in there for an entire year just incase something happened.

It is proportional to what you risk. If you risk a lot then you will gain alot but sometimes you dont need to wait for a year because some website has a good progress just in a short time and you will make like alot from that , you can withdraw it instant if you feel you make enough profit because you can do that

That is exactly what I am talking about. If you risk 1 BTC in a 100,000 BTC bankroll, the house gains 10BTC, you basically gain .00001BTC. That doesn't seem worth it to me..

Thats what Im saying, if you dont want to risk more then dont also please Dont be stupid and make some crazy number like that. The highest bankroll so far is PRC with less than 4,500 bitcoin. No other dice site that allow you to invest has 100,000 bitcoin in their bankroll

I was just making up some number for math sake.

You should not make crazy number then because what you make is not correct and misleading. You can still get a decent profit with 1 btc at 4,200 btc bankroll in a year in PRC because last time the site made like 3k bitcoin of profit. Try to be more rational and responsible in what you write

It could also lose money, and then you've lost. Just because it has profit now doesn't mean that's a guarantee. 10 max. wins and the site has lost over a year worth of profit. Only takes one whale.

Of course you can lose your money but we are talking about a year. In a very long time like a year you are gonna get more profit of course because of the house edge. Variance may be make you lose profit but you will always get a profit if you invest for a year because it will even out sooner or later

I hope this was a joke. JD, one of the highest-wagered sites in Bitcoin's history, if not THE highest, went into the negatives and proves this absolutely wrong. You're downplaying a real scenario that has happened MULTIPLE times because you clearly haven't ever actually WATCHED these things and are basing your SUBJECTIVE OPINIONS on something that's completely false. Quit misleading people.

CAN it pull a profit after a year? YES. WILL it? NOBODY KNOWS.

Since when? Nakowa? If I remember, nakowa lost a good portion of it back and it started to increase to positive after many whales lost it back. Yes it is possible to make a profit but we're not talking about 1-2 months here, we are talking about a long time. House would always win due to house edge.

ranlo

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Quote from: cazkooo on October 24, 2015, 12:30:14 AM

Quote from: ranlo on October 23, 2015, 11:37:41 PM

Quote from: cazkooo on October 23, 2015, 11:33:20 PM

Quote from: leex1528 on October 23, 2015, 11:09:29 AM

Quote from: cazkooo on October 23, 2015, 10:31:06 AM

Quote from: leex1528 on October 23, 2015, 10:13:40 AM

Quote from: cazkooo on October 23, 2015, 10:07:08 AM

Quote from: leex1528 on October 23, 2015, 07:59:42 AM

The problem is usually the bank roll is so high that you have a small amount of money, maybe over the course of a year the site will make you a little bit of BTC. But I would not rather have my coins in there for an entire year just incase something happened.

It is proportional to what you risk. If you risk a lot then you will gain alot but sometimes you dont need to wait for a year because some website has a good progress just in a short time and you will make like alot from that , you can withdraw it instant if you feel you make enough profit because you can do that

That is exactly what I am talking about. If you risk 1 BTC in a 100,000 BTC bankroll, the house gains 10BTC, you basically gain .00001BTC. That doesn't seem worth it to me..

Thats what Im saying, if you dont want to risk more then dont also please Dont be stupid and make some crazy number like that. The highest bankroll so far is PRC with less than 4,500 bitcoin. No other dice site that allow you to invest has 100,000 bitcoin in their bankroll

I was just making up some number for math sake.

You should not make crazy number then because what you make is not correct and misleading. You can still get a decent profit with 1 btc at 4,200 btc bankroll in a year in PRC because last time the site made like 3k bitcoin of profit. Try to be more rational and responsible in what you write

It could also lose money, and then you've lost. Just because it has profit now doesn't mean that's a guarantee. 10 max. wins and the site has lost over a year worth of profit. Only takes one whale.

Of course you can lose your money but we are talking about a year. In a very long time like a year you are gonna get more profit of course because of the house edge. Variance may be make you lose profit but you will always get a profit if you invest for a year because it will even out sooner or later

I hope this was a joke. JD, one of the highest-wagered sites in Bitcoin's history, if not THE highest, went into the negatives and proves this absolutely wrong. You're downplaying a real scenario that has happened MULTIPLE times because you clearly haven't ever actually WATCHED these things and are basing your SUBJECTIVE OPINIONS on something that's completely false. Quit misleading people.

CAN it pull a profit after a year? YES. WILL it? NOBODY KNOWS.

cazkooo

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Activity: 1540

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Quote from: ranlo on October 23, 2015, 11:37:41 PM

Quote from: cazkooo on October 23, 2015, 11:33:20 PM

Quote from: leex1528 on October 23, 2015, 11:09:29 AM

Quote from: cazkooo on October 23, 2015, 10:31:06 AM

Quote from: leex1528 on October 23, 2015, 10:13:40 AM

Quote from: cazkooo on October 23, 2015, 10:07:08 AM

Quote from: leex1528 on October 23, 2015, 07:59:42 AM

The problem is usually the bank roll is so high that you have a small amount of money, maybe over the course of a year the site will make you a little bit of BTC. But I would not rather have my coins in there for an entire year just incase something happened.

It is proportional to what you risk. If you risk a lot then you will gain alot but sometimes you dont need to wait for a year because some website has a good progress just in a short time and you will make like alot from that , you can withdraw it instant if you feel you make enough profit because you can do that

That is exactly what I am talking about. If you risk 1 BTC in a 100,000 BTC bankroll, the house gains 10BTC, you basically gain .00001BTC. That doesn't seem worth it to me..

Thats what Im saying, if you dont want to risk more then dont also please Dont be stupid and make some crazy number like that. The highest bankroll so far is PRC with less than 4,500 bitcoin. No other dice site that allow you to invest has 100,000 bitcoin in their bankroll

I was just making up some number for math sake.

You should not make crazy number then because what you make is not correct and misleading. You can still get a decent profit with 1 btc at 4,200 btc bankroll in a year in PRC because last time the site made like 3k bitcoin of profit. Try to be more rational and responsible in what you write

It could also lose money, and then you've lost. Just because it has profit now doesn't mean that's a guarantee. 10 max. wins and the site has lost over a year worth of profit. Only takes one whale.

Of course you can lose your money but we are talking about a year. In a very long time like a year you are gonna get more profit of course because of the house edge. Variance may be make you lose profit but you will always get a profit if you invest for a year because it will even out sooner or later

ranlo

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Activity: 1988

Merit: 1007

Quote from: cazkooo on October 23, 2015, 11:33:20 PM

Quote from: leex1528 on October 23, 2015, 11:09:29 AM

Quote from: cazkooo on October 23, 2015, 10:31:06 AM

Quote from: leex1528 on October 23, 2015, 10:13:40 AM

Quote from: cazkooo on October 23, 2015, 10:07:08 AM

Quote from: leex1528 on October 23, 2015, 07:59:42 AM

The problem is usually the bank roll is so high that you have a small amount of money, maybe over the course of a year the site will make you a little bit of BTC. But I would not rather have my coins in there for an entire year just incase something happened.

It is proportional to what you risk. If you risk a lot then you will gain alot but sometimes you dont need to wait for a year because some website has a good progress just in a short time and you will make like alot from that , you can withdraw it instant if you feel you make enough profit because you can do that

That is exactly what I am talking about. If you risk 1 BTC in a 100,000 BTC bankroll, the house gains 10BTC, you basically gain .00001BTC. That doesn't seem worth it to me..

Thats what Im saying, if you dont want to risk more then dont also please Dont be stupid and make some crazy number like that. The highest bankroll so far is PRC with less than 4,500 bitcoin. No other dice site that allow you to invest has 100,000 bitcoin in their bankroll

I was just making up some number for math sake.

You should not make crazy number then because what you make is not correct and misleading. You can still get a decent profit with 1 btc at 4,200 btc bankroll in a year in PRC because last time the site made like 3k bitcoin of profit. Try to be more rational and responsible in what you write

It could also lose money, and then you've lost. Just because it has profit now doesn't mean that's a guarantee. 10 max. wins and the site has lost over a year worth of profit. Only takes one whale.

cazkooo

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Quote from: leex1528 on October 23, 2015, 11:09:29 AM

Quote from: cazkooo on October 23, 2015, 10:31:06 AM

Quote from: leex1528 on October 23, 2015, 10:13:40 AM

Quote from: cazkooo on October 23, 2015, 10:07:08 AM

Quote from: leex1528 on October 23, 2015, 07:59:42 AM

The problem is usually the bank roll is so high that you have a small amount of money, maybe over the course of a year the site will make you a little bit of BTC. But I would not rather have my coins in there for an entire year just incase something happened.

It is proportional to what you risk. If you risk a lot then you will gain alot but sometimes you dont need to wait for a year because some website has a good progress just in a short time and you will make like alot from that , you can withdraw it instant if you feel you make enough profit because you can do that

That is exactly what I am talking about. If you risk 1 BTC in a 100,000 BTC bankroll, the house gains 10BTC, you basically gain .00001BTC. That doesn't seem worth it to me..

Thats what Im saying, if you dont want to risk more then dont also please Dont be stupid and make some crazy number like that. The highest bankroll so far is PRC with less than 4,500 bitcoin. No other dice site that allow you to invest has 100,000 bitcoin in their bankroll

I was just making up some number for math sake.

You should not make crazy number then because what you make is not correct and misleading. You can still get a decent profit with 1 btc at 4,200 btc bankroll in a year in PRC because last time the site made like 3k bitcoin of profit. Try to be more rational and responsible in what you write

StevenLiang

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Quote from: MinerHQ on October 23, 2015, 06:52:10 PM

Quote from: apriyani420 on October 23, 2015, 03:20:56 PM

the best strategy is not to gamble in such way you can not loose any money and you will have more money than when gambling

Yes the best strategy not to gamble in dice game is the solution to make profits means no loss means profits right?

I read four times to understand this. Cheesy

Maybe he means to not play on Dice so the money not lost, and that's mean our money keep on profitable coloum (although it's with small growth)

cancerbola

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Supermutated Virulent Microbial Strain

Quote from: ranlo on October 23, 2015, 09:18:01 PM

Quote from: Erza on October 23, 2015, 08:46:23 PM

Quote from: ?? on ??

Quote from: StevenLiang on October 23, 2015, 11:44:16 AM

Sometimes i use some strategies such as martingale but it doesnt really help me to win.
Same as usual, sometimes win and sometimes lose.

I would be agree if the strategy is about self control.

No strategy will really work because house edge
In long run, most likely you'll suffer losses

So, the best strategy is don't try gambling

Every strategy works but depend on your luck. But most useful strategy is just martingale, there is no others that can beat martingale. The matter is can your balance cover your loss? If your balance can cover it so martingale will really helpful for you. Dont try to gamble and you wont get money from it

Your balance could be 50000 billion BTC. It doesn't change the effects of martingale. Sites have a bet cap AND a win cap. It doesn't matter how much YOU have. It matters what the site lets you bet. Once you hit that cap, you've lost a lot of BTC you're never getting back.

Damn. Never thought of the max-win cap. I always thought that betting at base bet 1 satoshi with a bankroll of 1000 BTC would cover rape-streaks for a life-time. Grin

ranlo

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Quote from: Erza on October 23, 2015, 08:46:23 PM

Quote from: ?? on ??

Quote from: StevenLiang on October 23, 2015, 11:44:16 AM

Sometimes i use some strategies such as martingale but it doesnt really help me to win.
Same as usual, sometimes win and sometimes lose.

I would be agree if the strategy is about self control.

No strategy will really work because house edge
In long run, most likely you'll suffer losses

So, the best strategy is don't try gambling

Every strategy works but depend on your luck. But most useful strategy is just martingale, there is no others that can beat martingale. The matter is can your balance cover your loss? If your balance can cover it so martingale will really helpful for you. Dont try to gamble and you wont get money from it

Your balance could be 50000 billion BTC. It doesn't change the effects of martingale. Sites have a bet cap AND a win cap. It doesn't matter how much YOU have. It matters what the site lets you bet. Once you hit that cap, you've lost a lot of BTC you're never getting back.

Erza

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Quote from: ?? on ??

Quote from: StevenLiang on October 23, 2015, 11:44:16 AM

Sometimes i use some strategies such as martingale but it doesnt really help me to win.
Same as usual, sometimes win and sometimes lose.

I would be agree if the strategy is about self control.

No strategy will really work because house edge
In long run, most likely you'll suffer losses

So, the best strategy is don't try gambling

Every strategy works but depend on your luck. But most useful strategy is just martingale, there is no others that can beat martingale. The matter is can your balance cover your loss? If your balance can cover it so martingale will really helpful for you. Dont try to gamble and you wont get money from it

MinerHQ

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Quote from: apriyani420 on October 23, 2015, 03:20:56 PM

the best strategy is not to gamble in such way you can not loose any money and you will have more money than when gambling

Yes the best strategy not to gamble in dice game is the solution to make profits means no loss means profits right?

ranlo

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Activity: 1988

Merit: 1007

Quote from: FrueGreads on October 23, 2015, 05:58:19 PM

Quote from: ranlo on October 23, 2015, 03:10:06 PM

Quote from: hua_hui on October 23, 2015, 12:07:41 PM

Quote from: ?? on ??

Quote from: StevenLiang on October 23, 2015, 11:44:16 AM

Sometimes i use some strategies such as martingale but it doesnt really help me to win.
Same as usual, sometimes win and sometimes lose.

I would be agree if the strategy is about self control.

No strategy will really work because house edge
In long run, most likely you'll suffer losses

So, the best strategy is don't try gambling

well that is a fact, as you can see all the gambling site are all surviving after so long. that proves that they r getting profit and tons of people are losing their btc.

You realize some sites go into the negatives a year+ after starting, right? They can absolutely be taken down. We see this in the real world, too -- gambling as a whole has been slowing down, causing some casinos to go bankrupt/be sold off.

Maybe that's probably because they did not manage advertising well, and invested to much trying to attract players but failed. Players get lucky use bonus etc, and then never come back, leaving them with a loss. If they get a player base, I think it's hard for casinos not to profit in the long run.

Tell that to MGM and some other big ones in Vegas that are still struggling (protip: everyone knows about Vegas. And there's plenty of advertising).

FrueGreads

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Quote from: ranlo on October 23, 2015, 03:10:06 PM

Quote from: hua_hui on October 23, 2015, 12:07:41 PM

Quote from: ?? on ??

Quote from: StevenLiang on October 23, 2015, 11:44:16 AM

Sometimes i use some strategies such as martingale but it doesnt really help me to win.
Same as usual, sometimes win and sometimes lose.

I would be agree if the strategy is about self control.

No strategy will really work because house edge
In long run, most likely you'll suffer losses

So, the best strategy is don't try gambling

well that is a fact, as you can see all the gambling site are all surviving after so long. that proves that they r getting profit and tons of people are losing their btc.

You realize some sites go into the negatives a year+ after starting, right? They can absolutely be taken down. We see this in the real world, too -- gambling as a whole has been slowing down, causing some casinos to go bankrupt/be sold off.

Maybe that's probably because they did not manage advertising well, and invested to much trying to attract players but failed. Players get lucky use bonus etc, and then never come back, leaving them with a loss. If they get a player base, I think it's hard for casinos not to profit in the long run.

apriyani420

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the best strategy is not to gamble in such way you can not loose any money and you will have more money than when gambling

ranlo

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Activity: 1988

Merit: 1007

Quote from: hua_hui on October 23, 2015, 12:07:41 PM

Quote from: ?? on ??

Quote from: StevenLiang on October 23, 2015, 11:44:16 AM

Sometimes i use some strategies such as martingale but it doesnt really help me to win.
Same as usual, sometimes win and sometimes lose.

I would be agree if the strategy is about self control.

No strategy will really work because house edge
In long run, most likely you'll suffer losses

So, the best strategy is don't try gambling

well that is a fact, as you can see all the gambling site are all surviving after so long. that proves that they r getting profit and tons of people are losing their btc.

You realize some sites go into the negatives a year+ after starting, right? They can absolutely be taken down. We see this in the real world, too -- gambling as a whole has been slowing down, causing some casinos to go bankrupt/be sold off.

hua_hui

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Quote from: ?? on ??

Quote from: StevenLiang on October 23, 2015, 11:44:16 AM

Sometimes i use some strategies such as martingale but it doesnt really help me to win.
Same as usual, sometimes win and sometimes lose.

I would be agree if the strategy is about self control.

No strategy will really work because house edge
In long run, most likely you'll suffer losses

So, the best strategy is don't try gambling

well that is a fact, as you can see all the gambling site are all surviving after so long. that proves that they r getting profit and tons of people are losing their btc.

BitMaxz

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Playbet.io - Crypto Casino and Sportsbook

Quote from: StevenLiang on October 23, 2015, 11:44:16 AM

Sometimes i use some strategies such as martingale but it doesnt really help me to win.
Same as usual, sometimes win and sometimes lose.

I would be agree if the strategy is about self control.

I think theres no strategies but for me i have a style to play in dice game like if you lose timestwo the bet then if you win bet same... thats my style of the play...

StevenLiang

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Activity: 168

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Sometimes i use some strategies such as martingale but it doesnt really help me to win.
Same as usual, sometimes win and sometimes lose.

I would be agree if the strategy is about self control.

leex1528

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Activity: 784

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Quote from: cazkooo on October 23, 2015, 10:31:06 AM

Quote from: leex1528 on October 23, 2015, 10:13:40 AM

Quote from: cazkooo on October 23, 2015, 10:07:08 AM

Quote from: leex1528 on October 23, 2015, 07:59:42 AM

The problem is usually the bank roll is so high that you have a small amount of money, maybe over the course of a year the site will make you a little bit of BTC. But I would not rather have my coins in there for an entire year just incase something happened.

It is proportional to what you risk. If you risk a lot then you will gain alot but sometimes you dont need to wait for a year because some website has a good progress just in a short time and you will make like alot from that , you can withdraw it instant if you feel you make enough profit because you can do that

That is exactly what I am talking about. If you risk 1 BTC in a 100,000 BTC bankroll, the house gains 10BTC, you basically gain .00001BTC. That doesn't seem worth it to me..

Thats what Im saying, if you dont want to risk more then dont also please Dont be stupid and make some crazy number like that. The highest bankroll so far is PRC with less than 4,500 bitcoin. No other dice site that allow you to invest has 100,000 bitcoin in their bankroll

I was just making up some number for math sake. My point is if you don't have a lot of coins you are not going to get anything from these sites and it just is not worth it.

cazkooo

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Activity: 1540

Merit: 1013

Quote from: leex1528 on October 23, 2015, 10:13:40 AM

Quote from: cazkooo on October 23, 2015, 10:07:08 AM

Quote from: leex1528 on October 23, 2015, 07:59:42 AM

The problem is usually the bank roll is so high that you have a small amount of money, maybe over the course of a year the site will make you a little bit of BTC. But I would not rather have my coins in there for an entire year just incase something happened.

It is proportional to what you risk. If you risk a lot then you will gain alot but sometimes you dont need to wait for a year because some website has a good progress just in a short time and you will make like alot from that , you can withdraw it instant if you feel you make enough profit because you can do that

That is exactly what I am talking about. If you risk 1 BTC in a 100,000 BTC bankroll, the house gains 10BTC, you basically gain .00001BTC. That doesn't seem worth it to me..

Thats what Im saying, if you dont want to risk more then dont also please Dont be stupid and make some crazy number like that. The highest bankroll so far is PRC with less than 4,500 bitcoin. No other dice site that allow you to invest has 100,000 bitcoin in their bankroll

Topic: Dice game strategy? - page 75. (Read 97246 times)