Topic: dice strategy (Read 1623 times)

Thank you stellar69 for your comment. Reverse Labouchère betting strategy was added among CoinXerox Dice bots.

Those who are interested in betting strategies should read the article which stellar69 posted here.

Here is a simple strategy that I use. Only gamble with the money you can afford to lose, and have fun with it. Gambling is not a job or a business for players, so don't always expect to win. 

Labouchère is one of the system that I found was the best.

Just while searching for other systems I found out reverse Labouchère. Was just trying it out and made a 0.04BTC profit . Here is more info on reverse labouchere http://www.roulette-games.co.uk/strategy/Reverselabouchere-system.php

If your luck is good, play 2X. If your luck is bad, don't play, just pray for your lucky tomorrow

How do I know that when I am ahead? Whenever I start playing I feel like I can go more ahead more and more ahead! If I can win once why cant i win a thousand time? That's my problem and I loose it all.

There isn-t any strategy you will fail with everything, just play and when you are ahead stop playing

Strategy: stop dicing.

There are a lot of betting strategies which you can use. The core of this problem is based on reshape probability distribution - minimize the impact of loss.
This question is quite old and it was solved by the classical mathematicians as Jacob Bernoulli, Blaise Pascal and many more having familiar names.
It is interesting that origin of probability and statistical studies is in gambling itself. These mathematicians wish to solve gambling problems (especially focused on roulette and dice) and then their conclusions were generalized to common probability laws.
Did you know, that even the first woman programmer Ada Lovelace tried to build roulette betting system?

Among the most popular betting systems belongs Martingale, Labouchère and Fibonacci.

The most popular is Martingale. It works great but you have to have infinity bankroll to be unbeatable.

Labouchère (also know as split martingale) is less aggressive, thus more robust against loss. At first you specify the amount you want to win. Then you bet a proportion of your win goal until you loss your stake, when you start act as in Martingale system.

Fibonacci is based on familiar sequence 1, 1, 2, 3, 5, 8, 13..., where every subsequent element is sum of previous two ones. As in Martingale strategy you bet the same amount again and again until you loss when you increase your bet by factor of Fibonacci sequence element.

A little bit of my bias. I along with my colleagues were developed Dice game with implemented these betting strategies. You can try them, learn them and improve them.

For more information, please go to dedicated CoinXerox Dice thread, or Dice game itself and then Botting section.

Sooner or later ? oh yeah, it can take months to hit 999x payout from faucets, better to use your time to do something much better

For short term I just use martingale .It has been profitable till now. I start it after 5 losses.

Thanks for the replies everybody. I have a lot of fun playing around with this stuff and it's cool to see what other people have toyed around with.

As little bets as possible. max bet. hope for the best.

If you don't wanna lose then go faucet and 999x payout.

Sooner o later you win and get some mBTC for free

Usually i use martingale for short term then all-in 2 times
Then withdraw 

But, the risk is totally high 

Now I am telling you all, the only way to win is;

Firstly, you will need a decent amount of money, if you want this to succeed.

Secondly, choose an honest dice casino with the maximum pay cap.

Now, Sit down and play until you see red(it may happen at first round), when you see red: only but only do 1 circle (4 rounds) of martingale. Nothing more. (you lose or you win, this is where luck kicks in.)

If you lose, do not ever gamble in your whole life again. It will make it worse.

If you win, it is the same. Remember this: The more you play, more you lose. You don't have infinite money to beat the casino which is the only way to clean up the casino. (assuming there is no max pay cap)

probably more influential is luck from god 

Actually there might be a few strategies, you want to play with. It might not guarantee a win , but depending on your bankroll you can be more aggressive in your betting .
If you have a small bankroll, then betting at a higher payout would be good . You can't really bet at 95% to win with only say 0.005 bankroll for long. However with 1 BTC that would work very well.
So you could adapt to the strat based on your Bankroll. But none of them guarantees a win.

Flip a coin and just guess. Honestly there is no strategy out there. You might get lucky or you might not.

not sure if there is one, if you find one let me know 

i think this is good strategy.. but the time to play and have profit it so long because it's only 1^ 10-6% your balance =))... calc that : 1s=1bet 60s*60'*24=86400bet ) lol.. 86400 satoshies max per day ..... waste time