Topic: Do you think DiceBot will give you profit in the long run? - page 7. (Read 4744 times)
that's a hypothetical question in my theory I think it is possible as long as you have a large amount of capital goodluck OP.
i think it s no wrong to aspect any thing from gambling. because gambling is a game of luck and any thing can happen in gambling it can give you a good profit also a worst lose.
The house edge will still be the same whether you use dicebot or play by yourself. It's the house edge that screws you, not the strategy or the bot. 
Man, I tried betting with bots so much in the beginning. Always searching for new strategies and looking for new bots. I've seen people promising others that their bot never loses and selling their 'never-losing bot'. To be honest, I actually fell for one of those scam(sounds creepy but it's actually true).
And once I turned my 0.001 into 0.03 BTC after 3 hours of automated bot betting. But, in the end I didn't withdraw because I wanted more and you know what happened next
Conclusion: You lose in the end, with bot or without bot because of the house edge.
Man, I tried betting with bots so much in the beginning. Always searching for new strategies and looking for new bots. I've seen people promising others that their bot never loses and selling their 'never-losing bot'. To be honest, I actually fell for one of those scam(sounds creepy but it's actually true).
And once I turned my 0.001 into 0.03 BTC after 3 hours of automated bot betting. But, in the end I didn't withdraw because I wanted more and you know what happened next
Conclusion: You lose in the end, with bot or without bot because of the house edge.
Your conclusion should be that it's completely unrealistic to multiply your coins by 30 in 3 hours. But who needs a bot to come to that conclusion?
A dice bot will not make or lose money from what you do manually.
But, what it will do is keep to your strategy.
A strategy is to 'minimize' your losses.
Example. If you tell it to double your bet for every losing bet, it will do exactly that.
The difference is that a human can't keep to the strategy. A human 'feels' lucky and changes his/her bets at will. This is where a human will lose money over time, cause "I feel like the next bet will win" and bet outside of my plan.
Basically, if you have a plan, then stick with it. A bot will do this for you.
But, what it will do is keep to your strategy.
A strategy is to 'minimize' your losses.
Example. If you tell it to double your bet for every losing bet, it will do exactly that.
The difference is that a human can't keep to the strategy. A human 'feels' lucky and changes his/her bets at will. This is where a human will lose money over time, cause "I feel like the next bet will win" and bet outside of my plan.
Basically, if you have a plan, then stick with it. A bot will do this for you.
The house edge will still be the same whether you use dicebot or play by yourself. It's the house edge that screws you, not the strategy or the bot.
Man, I tried betting with bots so much in the beginning. Always searching for new strategies and looking for new bots. I've seen people promising others that their bot never loses and selling their 'never-losing bot'. To be honest, I actually fell for one of those scam(sounds creepy but it's actually true).
And once I turned my 0.001 into 0.03 BTC after 3 hours of automated bot betting. But, in the end I didn't withdraw because I wanted more and you know what happened next
Conclusion: You lose in the end, with bot or without bot because of the house edge.
Man, I tried betting with bots so much in the beginning. Always searching for new strategies and looking for new bots. I've seen people promising others that their bot never loses and selling their 'never-losing bot'. To be honest, I actually fell for one of those scam(sounds creepy but it's actually true).
And once I turned my 0.001 into 0.03 BTC after 3 hours of automated bot betting. But, in the end I didn't withdraw because I wanted more and you know what happened next
Conclusion: You lose in the end, with bot or without bot because of the house edge.
You can always make profit short term, but long term the game is designed to make the house win. That is just how probability works. The longer you play, the more probable it is you lose.
This is a big wrong imho, if people can ALWAYS make profit in short term so they will not continue playing for long term. In fact there are many people lose in short term as well because they had bad luck when doing it.
And not all people are losing in long term, someone may win after long term because their luck comes so late.
What is "the long run"?
24h? 1 month? 100 years?
How much profit will make you happy?
100%/h? 10%/year?
You can always make profit short term, but long term the game is designed to make the house win. That is just how probability works. The longer you play, the more probable it is you lose.
I never played Dicebot? Can ya link me? I love those dice games!
To answer your question: I don't think so. Especially in the long run. The only way 'in the long run' to win is if the percentage is set at 100% odds... and what dice game would allow that? No. Gambling games have always been 'in favour' of the house, you can't out beat it if you play it religiously.
There was one gambling game I play that you could win (not real money though), but it was more of a sport betting layout(from my understanding...). I don't know if anyone has played Neopets, but their Food Club game is totally awesome!
To answer your question: I don't think so. Especially in the long run. The only way 'in the long run' to win is if the percentage is set at 100% odds... and what dice game would allow that? No. Gambling games have always been 'in favour' of the house, you can't out beat it if you play it religiously.
There was one gambling game I play that you could win (not real money though), but it was more of a sport betting layout(from my understanding...). I don't know if anyone has played Neopets, but their Food Club game is totally awesome!
if you aren't lucky using dicebot will make you losing your money with very fast and in gambling there is no guarantee that you will earn profit everytime you did it because we all know gambling based from luck and you will never know when luck coming toward you
Of course not, bot has nothing to do in making a profit it will just make your bets automated and even faster. If your a martingale fun this one is for you but it cant guaranteed you a profit.
i was never could made profit from using dicebot during playing dice not for long run or short run and i considers that there is no long run profit in gambling because your results will not always be good also if you using dicebot and you aren't lucky this is only made you losing your money with very fast
I tried before on freebitcoin and I managed to male 20x more and hit pay out but only 2 or 3 times out of 100s mostly is goes bust before getting double and often it goes high like 3k or 4 k then busts. I was starting with 1k .
In dice there is not working strategy because at the end only house is going win so if you play manually at least you can stop whenever you think it is enough but if people use bot then they may end up losing all money back to house if they use these bots for longer hours.
Only if you resell it to people and get away.
Nothing can defeat the house edge
Nothing can defeat the house edge
heheh, that indeed the truest way. Because that way we can benefit from those crazy will do bet fast and want to quickly get results from dice. Because I see a lot of gamblers dice to figure out how such
Just like variance you will have good days and bad. I find using the bot and changing strategies each time I run it works best but really it's just good days and bad. As long as they balance out then you are gambling for entertainment.
Only if you resell it to people and get away.
Nothing can defeat the house edge
Nothing can defeat the house edge
i was never could made profit from using dicebot during playing dice not for long run or short run and i considers that there is no long run profit in gambling because your results will not always be good also if you using dicebot and you aren't lucky this is only made you losing your money with very fast
I tried before on freebitcoin and I managed to male 20x more and hit pay out but only 2 or 3 times out of 100s mostly is goes bust before getting double and often it goes high like 3k or 4 k then busts. I was starting with 1k .
i was never could made profit from using dicebot during playing dice not for long run or short run and i considers that there is no long run profit in gambling because your results will not always be good also if you using dicebot and you aren't lucky this is only made you losing your money with very fast
No a bot will not work there is no logic behind it beside that it takes the emotions out of betting. Which may or may not be a good idea. I think the people who use bots are very young, naive or just suffering from gamblers fallacy.
Dicebot is made not for profit, but it is made for easier play. So it is clear that dicebot gives no guarantees that you will make profit both on short term and long term. The result will always depend on your own luck, if you have continuous luck so you can make profit. Otherwise, you can be in negative in very short time.
As the title says.
Do you think DiceBot will give you profit if you will just run it for a long period of time?
If yes, how much bankroll do you need and what is your dice setting ?
Do you think DiceBot will give you profit if you will just run it for a long period of time?
If yes, how much bankroll do you need and what is your dice setting ?
No & I think people using bots, supposed strategies set themselves up for a fall. Nothing is guaranteed when gambling.
Jump to: