Dice game strategy? - page 96. | Bitcointalksearch.org

Zackgeno96

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Quote from: ranlo on September 08, 2015, 11:46:24 PM

Quote from: Zackgeno96 on September 08, 2015, 09:50:11 PM

Quote from: diodio1 on September 08, 2015, 02:45:02 AM

try to bet 2% of your total balance , roll to 5 times.
when your balance is -2% , bet 4%

for example :

your balance 1 btc

bet 1 = 0.02 lost
bet 2 = 0.02 win
bet 3 = 0.02 lost
bet 4 = 0.02 lost
bet 5 = 0.02 win

you have 0.98 now nad try to bet 0.04, if won it must be 1.02 btc now your balance.
if still lost back to roll to 5 times and try to make it on 2% profit each rolls.
that's my current strategy.

that doesn't seem like a good strategy just looks like it would lose you money very fast! so you roll 5 bets of 0.02? to get a loss on purpose? what happens when you bet 0.04 and lose? do you double up from your 0.02 + 0.04 bet making your bet size 0.08? or do you bet 0.04 again lol!

Yeah, his strategy didn't make sense to me, either. If you fail 5x, fail 1x, then any bets further you're already down 0.12. I'm not seeing how that ever becomes profitable.

maybe he just explained his method backwards or something theres no way that could be profitable i mean what he posted doesn't make much sense and would only net you a loss after just a couple games

OBAViJEST

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Activity: 714

Merit: 500

Here's my strategy:

Lose

Lose

Lose

Lose

Lose

Lose

Lose

Lose

Lose

Lose

Moral of the story: Don't invest in dice games, they're all rigged. Save and hold and trade when the time is right, THAT'S how you'll win big Cheesy

ranlo

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Activity: 1988

Merit: 1007

Quote from: Zackgeno96 on September 08, 2015, 09:50:11 PM

Quote from: diodio1 on September 08, 2015, 02:45:02 AM

try to bet 2% of your total balance , roll to 5 times.
when your balance is -2% , bet 4%

for example :

your balance 1 btc

bet 1 = 0.02 lost
bet 2 = 0.02 win
bet 3 = 0.02 lost
bet 4 = 0.02 lost
bet 5 = 0.02 win

you have 0.98 now nad try to bet 0.04, if won it must be 1.02 btc now your balance.
if still lost back to roll to 5 times and try to make it on 2% profit each rolls.
that's my current strategy.

that doesn't seem like a good strategy just looks like it would lose you money very fast! so you roll 5 bets of 0.02? to get a loss on purpose? what happens when you bet 0.04 and lose? do you double up from your 0.02 + 0.04 bet making your bet size 0.08? or do you bet 0.04 again lol!

Yeah, his strategy didn't make sense to me, either. If you fail 5x, fail 1x, then any bets further you're already down 0.12. I'm not seeing how that ever becomes profitable.

Zackgeno96

hero member

Activity: 1778

Merit: 520

Quote from: diodio1 on September 08, 2015, 02:45:02 AM

try to bet 2% of your total balance , roll to 5 times.
when your balance is -2% , bet 4%

for example :

your balance 1 btc

bet 1 = 0.02 lost
bet 2 = 0.02 win
bet 3 = 0.02 lost
bet 4 = 0.02 lost
bet 5 = 0.02 win

you have 0.98 now nad try to bet 0.04, if won it must be 1.02 btc now your balance.
if still lost back to roll to 5 times and try to make it on 2% profit each rolls.
that's my current strategy.

that doesn't seem like a good strategy just looks like it would lose you money very fast! so you roll 5 bets of 0.02? to get a loss on purpose? what happens when you bet 0.04 and lose? do you double up from your 0.02 + 0.04 bet making your bet size 0.08? or do you bet 0.04 again lol!

sukamasoto

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Black Panther

Quote from: bitwarrior on September 05, 2015, 10:39:54 PM

.... Any more betting strategies better than martingale?

I've play dice using martiangle, but usually I'm always got busted at the end.
So I reset my mind, if at the end I'm going to lose, why not I'm lossing for the beginning and have a big win at the end...
* with high multiplier but low chance of winning

1echo

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scams hunter!

check this [not my movie]: https://www.youtube.com/watch?v=73kwH1wV7gQ

ranlo

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Quote from: Dannie on September 08, 2015, 01:30:38 AM

Quote from: adaseb on September 07, 2015, 06:19:52 PM

Quote from: bytezero on September 07, 2015, 05:19:24 PM

is mathematically impossible to have a strategy that makes it possible for you to beat the house. Dice is a game of odds, and odds sometimes have a singular way of amazing us.

True but that's why you need to pick a stragegy where the next few rolls you have a higher probability of winning the bet.

For example, say you are playing 50/50. You lose 10 times in a row. Most likely you will win at least once in the next 5-10 bets.

The bets are independent. Losing 10 times in a row will NOT make you more likely to win in the next 10 rolls. The chance for you to lose 10 more times is exactly the same as before and is still 50%^12.

Welcome to gambler's fallacy. If you tell people you flipped a coin 5000x and every time it was heads, and asked the chance of it being tails next time, most people will say 100% because statistics. In actuality, the previous 5000 make no difference at all (assuming the coin is symmetrically weighted).

diodio1

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Merit: 250

try to bet 2% of your total balance , roll to 5 times.
when your balance is -2% , bet 4%

for example :

your balance 1 btc

bet 1 = 0.02 lost
bet 2 = 0.02 win
bet 3 = 0.02 lost
bet 4 = 0.02 lost
bet 5 = 0.02 win

you have 0.98 now nad try to bet 0.04, if won it must be 1.02 btc now your balance.
if still lost back to roll to 5 times and try to make it on 2% profit each rolls.
that's my current strategy.

FanEagle

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Best strategy I have in short time for tournaments of dice is 1.80x, and it usually works, for real but if you wanna win for real, the key is patience.

Dannie

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Quote from: adaseb on September 07, 2015, 06:19:52 PM

Quote from: bytezero on September 07, 2015, 05:19:24 PM

is mathematically impossible to have a strategy that makes it possible for you to beat the house. Dice is a game of odds, and odds sometimes have a singular way of amazing us.

True but that's why you need to pick a stragegy where the next few rolls you have a higher probability of winning the bet.

For example, say you are playing 50/50. You lose 10 times in a row. Most likely you will win at least once in the next 5-10 bets.

The bets are independent. Losing 10 times in a row will NOT make you more likely to win in the next 10 rolls. The chance for you to lose 10 more times is exactly the same as before and is still 50%^12.

adaseb

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Quote from: bytezero on September 07, 2015, 05:19:24 PM

is mathematically impossible to have a strategy that makes it possible for you to beat the house. Dice is a game of odds, and odds sometimes have a singular way of amazing us.

True but that's why you need to pick a stragegy where the next few rolls you have a higher probability of winning the bet.

For example, say you are playing 50/50. You lose 10 times in a row. Most likely you will win at least once in the next 5-10 bets.

bytezero

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is mathematically impossible to have a strategy that makes it possible for you to beat the house. Dice is a game of odds, and odds sometimes have a singular way of amazing us.

ranlo

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Quote from: Pony789 on September 06, 2015, 08:34:22 PM

Quote from: ranlo on September 06, 2015, 08:27:31 PM

Actually, "Sharp Dice" goes as low as 0.01%.

Sharp Dice (thread: https://bitcointalksearch.org/topic/sharpdice-v20-05-floating-he-auto-bot-and-moneypot-1145699) actually has a house edge of as low as 0.1% . Quantum Dice (thread: https://bitcointalksearch.org/topic/quantumdice-qdicenet-as-low-as-001-house-edge-free-bitcoins-daily-1169279) on the other hand has a random 0.01% - 1% house edge.

Ahh, my fault. Just briefly dealt with both and was thinking it was SD, but that's the one with all the giveaways in chat,

.

rio3233

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Actually there is no strategy on dice, maybe have but maybe only 5-10% and 90% luck and provably shi* Cheesy

For me it's hard to win gambling dice, i always lose all my bankroll so i never gambling on dice site anymore, better you gambling on sportsbook/poker.

Pony789

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Quote from: ranlo on September 06, 2015, 08:27:31 PM

Actually, "Sharp Dice" goes as low as 0.01%.

Sharp Dice (thread: https://bitcointalksearch.org/topic/sharpdice-v20-05-floating-he-auto-bot-and-moneypot-1145699) actually has a house edge of as low as 0.1% . Quantum Dice (thread: https://bitcointalksearch.org/topic/quantumdice-qdicenet-as-low-as-001-house-edge-free-bitcoins-daily-1169279) on the other hand has a random 0.01% - 1% house edge.

ranlo

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Quote from: Erza on September 06, 2015, 08:16:55 PM

Quote from: bitwarrior on September 05, 2015, 10:39:54 PM

Is there any dice game site which gives you more chances on winning using martingale? Any more betting strategies better than martingale?

I guess that is depends on the houseedge. The lowest houdeedge for now is 0.1% and that is on betterbets. You can check it on my profile or may be you can check through their forum on here https://bitcointalksearch.org/topic/betterbetsio-v2-nxt-betting-shapeshiftio-diceplinkopvp-game-core-1065847

Actually, "Sharp Dice" goes as low as 0.01%.

Erza

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Quote from: bitwarrior on September 05, 2015, 10:39:54 PM

Is there any dice game site which gives you more chances on winning using martingale? Any more betting strategies better than martingale?

I guess that is depends on the houseedge. The lowest houdeedge for now is 0.1% and that is on betterbets. You can check it on my profile or may be you can check through their forum on here https://bitcointalksearch.org/topic/betterbetsio-v2-nxt-betting-shapeshiftio-diceplinkopvp-game-core-1065847

ranlo

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Quote from: hardtime on September 06, 2015, 04:46:37 AM

martingale is the only dice strategy i know but it doesn't work on the long run and it needs a decent amount of bitcoins to start

Dooglus already showed the math months ago, proving that the BEST chance of getting profit is a single 49.5% (2x) bet with your full bankroll. Anything else instantly results in a bigger -EV. Strategy or not, the more you roll (i.e., martingale) the closer you are to busting.

birdcat90

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my strategy is always changes my payout..

because if i play with 1 odd i will lost because of the house of edges..so regularly change my odds...hehe thats work great

hardtime

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Make winning bets on sports with Sportsbet.io!

martingale is the only dice strategy i know but it doesn't work on the long run and it needs a decent amount of bitcoins to start

Topic: Dice game strategy? - page 96. (Read 97245 times)