Don't play SatoshiDice - page 2. | Bitcointalksearch.org

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: fcmatt on October 15, 2012, 09:33:44 AM

the only reason I can think of not to play satoshi dice is that it is boring as crap.

It's quite good to get some money for beer. I made 52 bets, took 15 mins. 5 BTC in - 6 BTC out (https://blockchain.info/address/14C4yMGKdqdqFRMoCZtxLqntL9ydS3rxnA).

salfter

hero member

Activity: 651

Merit: 501

My PGP Key: 92C7689C

Quote from: Nolo on October 13, 2012, 04:28:27 PM

Surely OP is just trolling. No one can really be that stupid, can they?

Gambling is a tax on people who are bad at statistics.

Meizirkki

hero member

Activity: 616

Merit: 500

SatoshiDice is a very fair example of a gambling site IMO. House percent is small and the whole thing is transparent. Of course there's no strategy to always win. Why would anyone run such a site?

fcmatt

legendary

Activity: 2072

Merit: 1001

the only reason I can think of not to play satoshi dice is that it is boring as crap.

at least some other games of chance have some level of entertainment or excitement
beyond diddling with the bitcoin client, waiting for a return transaction, and otherwise
sitting in front of a computer doing blah.

but hey. that is just me.

evoorhees

legendary

Activity: 1008

Merit: 1023

Democracy is the original 51% attack

Quote from: dooglus on October 14, 2012, 01:46:04 PM

Quote from: evoorhees on October 13, 2012, 05:57:30 PM

Go here: http://src.satoshidice.com/rev2/

And click on the "Leaderboard" tab. You'll see the people who have played the most, and whether they have won or lost, and how much. Many lose, many win. It is gambling after all, and there is a small house edge, so the average player will lose net-net, but some win alot and some lose alot, and that's how gambling works

Interesting, but I think I'd rather see the leaderboard sorted by net profit, not by amount staked. Better still, make the column headings clickable so I can sort by whatever field I want to.

Great idea, leaderboard is now sorted by net profit (you might need to hard refresh).

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: evoorhees on October 13, 2012, 05:57:30 PM

Go here: http://src.satoshidice.com/rev2/

And click on the "Leaderboard" tab. You'll see the people who have played the most, and whether they have won or lost, and how much. Many lose, many win. It is gambling after all, and there is a small house edge, so the average player will lose net-net, but some win alot and some lose alot, and that's how gambling works

Interesting, but I think I'd rather see the leaderboard sorted by net profit, not by amount staked. Better still, make the column headings clickable so I can sort by whatever field I want to.

evoorhees

legendary

Activity: 1008

Merit: 1023

Democracy is the original 51% attack

Go here: http://src.satoshidice.com/rev2/

And click on the "Leaderboard" tab. You'll see the people who have played the most, and whether they have won or lost, and how much. Many lose, many win. It is gambling after all, and there is a small house edge, so the average player will lose net-net, but some win alot and some lose alot, and that's how gambling works

odolvlobo

legendary

Activity: 4466

Merit: 3391

The only strategy that works is to gamble with the expectation that you will lose everything. That way, you have gained something no matter what the outcome is (otherwise, you would have no reason to gamble in the first place).

SaltySpitoon

legendary

Activity: 2590

Merit: 2156

Welcome to the SaltySpitoon, how Tough are ya?

The main goal of gambling isn't really to get rich. Its to break even and have gained the entertainment value. If you come out ahead, nice! If you come out a little below, still good, that $ you lost was your entertainment cost. And if you lose all of your money, well that blows.

Nolo

hero member

Activity: 686

Merit: 500

Whoa, there are a lot of cats in this wall.

Surely OP is just trolling. No one can really be that stupid, can they?

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Quote from: Raoul Duke on October 13, 2012, 04:24:56 PM

DON'T PLAY. Period!

so true!!

Raoul Duke

legendary

Activity: 1358

Merit: 1002

DON'T PLAY. Period!

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Quote from: Ryland R. Taylor-Almanza on October 13, 2012, 03:44:49 PM

The odds may be against you, but they don't cheat.

absolutely true! the odds are against you, no systematic approach will work.

Ryland R. Taylor-Almanza

legendary

Activity: 882

Merit: 1001

Quote from: Gyrsur on October 13, 2012, 03:10:06 PM

Quote from: SaltySpitoon on October 13, 2012, 03:08:16 PM

Isn't that how gambling works lol?

It take some time and money to realize this because SatoshiDice looks fair but it is not fair.

The pot has to be filled with enough money for the lucky ones but the lucky ones do not realize that they are lucky ones and have to run away.

Satoshi dice is fair. The odds may be against you, but they don't cheat.

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Quote from: SaltySpitoon on October 13, 2012, 03:08:16 PM

Isn't that how gambling works lol?

It take some time and money to realize this because SatoshiDice looks fair but it is not fair.

The pot has to be filled with enough money for the lucky ones but the lucky ones do not realize that they are lucky ones and have to run away.

SaltySpitoon

legendary

Activity: 2590

Merit: 2156

Welcome to the SaltySpitoon, how Tough are ya?

Isn't that how gambling works lol?

SATOSHI DICE Over 98% break even odds!

I'm pretty sure they tell you that you won't win in the long run themselves. The point is, you have that chance of winning, and then walking away.

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Don't play SatoshiDice! You cannot win with any strategy because in the end you will lose! I checked this out for you!

Topic: Don't play SatoshiDice - page 2. (Read 4999 times)