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Topic: Experiment: 1% profit daily gambling over 90 days (91 days exactly) - page 2. (Read 3121 times)

hero member
Activity: 909
Merit: 508
1% goal for a day could work because the risk is low for 1% goal.
legendary
Activity: 1834
Merit: 1008
I would be more interested if it was 1-2 Bitcoin bankroll

Higher bankroll will get more money of course but usually people with more bankroll will get low percentage of winning instead of higher winning. Let see it this way, if one have 1 btc to bet, they will easily get 0.001 easily right? And that is only 0.1% from their bankroll, mean while if you have 0.001 bankroll and get 0.001 btc, this will be 100% winning. See the difference?
legendary
Activity: 3808
Merit: 1723
I would be more interested if it was 1-2 Bitcoin bankroll

The amount of bankroll doesn't really make a difference does it.

Like does it really make a difference if someone has $1,000,000 to trade the New York Stock Market compared to someone who has $3,000 to trade?

No its pretty much up to the individidual and their skill.

Someone who has years of experience can make money with a $3,000 account trading stocks. And someone without any experience trading can lose their $1,000,000 trading stocks.

Pretty much like that saying "Buying and using an experience Gold club won't make you a better golfer".
full member
Activity: 139
Merit: 100
HelpMyWallet
I would be more interested if it was 1-2 Bitcoin bankroll
legendary
Activity: 1582
Merit: 1059
I agree with you about locking some variables, but it shouldn't be that complicated I guess. The game must be clear of course, and the initial bankroll should also be the same, if the users decides to compare the profit from a specific game and trade. The testing period should also be the same, and the daily profit should also be the same or at least similar, since it's acceptable a different daily profit, according to the selected strategy.

The OP could then see after the determined period, in this case 91 days, where he got the biggest return.
The only problem I see here, besides what I already stated (I don't think it really makes sense to try this with any form of gambling that is only based on luck), is that 91 days could be a small time for a test of this nature, since anyone could argue that any profit was just based on luck. So I guess the OP should try more than one 91 day period, and then analyze those sets of periods.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
I don't see how this is even an experiment, gambling is not just one game, and trading can be done on many ways. You wish to show something before you even start your experiment, you need to be objective and expect different result, what if you make more on gambling? When you do experiment you do it with intention to prove something, you need to try many variables, you need to try to test your theory under different circumstances.. experiments need to be far more serious then your start.
Bitsler is good site, but which games you plan to play? Also how do you plan to trade? Dices are not good game for your test, and if you just hold your 3 mbtc you will make profit in 3 months when price of bitcoin rises. This, lets call it `experiment`, will prove nothing. I wish you good luck and I would like you to make profit with trading and gambling, that would be the best result of this show.
legendary
Activity: 1582
Merit: 1059
I think this is a great goal, I just don't understand why you are choosing Bitsler. I don't have anything against then, but I think we all know that we can't profit long run in this type of games. Targeting a 1% profit goal looks great for trading, or poker, or sports betting. I would say you can even aim for more as you get better at it. Anyway, good luck for your "project", but I hope that you will come up with a new one, with sports betting (and why not sports betting trading), or poker.
legendary
Activity: 1456
Merit: 1023
Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

So 0.002 btc is very low bank.. 1% daily is good, 30% per month Smiley
Do you want to gamble or invest to gambling?
What strategy will going to use?
This will be dice game?

1% daily looks very small target to achieve, but that is not always possible in gambling. Because many times gamblers can lose their bankroll even before reaching 1% profit or most of their bankroll. Once gamblers lose some part of their bankroll, then they mind will always go to recover those losses first, so they forget about their 1% theory and start gambling continuously and end up losing everything.
newbie
Activity: 49
Merit: 0
Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly.
So you're gonna lose 0.002 BTC to prove a point? lolwut
hero member
Activity: 896
Merit: 514
Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

I actually don't get what you want to do. Do you want to gamble or trade in your so called experiment? It seems like you actually want to trade based from your main post but your title is misleading since you are saying "gambling over 90 days". So which is it? Clarify your thread since it is actually so unclear.

I think OP wants to trade, basing from what he posted in the main OP. The problem is that he assumes that he will profit 1% per day and he does not put into account the possibilities that prices will go down and he won't even make a single profit but more of a loss on that day. But lets see what he comes up with. I just hope he shows the history of whatever he will be doing.
hero member
Activity: 756
Merit: 505
Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

I actually don't get what you want to do. Do you want to gamble or trade in your so called experiment? It seems like you actually want to trade based from your main post but your title is misleading since you are saying "gambling over 90 days". So which is it? Clarify your thread since it is actually so unclear.
hero member
Activity: 813
Merit: 507
Just bulit 0.15 mBTC capital on Bitsler. I hope I have straight road for 2 mBTC so I risk only hard-won money.
Just lost these 0.15 mBTC.

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.
1% daily, you just bet all your money with 1.01 odd once a day. This won't prove gambling is better than anything, just based on your lucky
I won't go all-in too, I won't use Martingale too. I will use my own strategy.

Using your own strategy even lowers your odds on this  Cheesy
With every additional bet the house edge lowers your original overall percentage of gaining your 1% daily profit.
Using any strategies only makes sense if you wanne have fun and I think thats the main reason why people gamble  Wink
legendary
Activity: 3808
Merit: 1723
I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

It is all relative pretty much.

Some can even say that investing in your retirement is gambling because there is a certain degree of risk that the markets can turn.

Pretty much what happened to anyone who invested in 2006-2008, basically it seemed like a safe investment to get into mutual funds and then the crash happened and everybody lost lots of money.

You only use 10% of the money you deposit into the retirement fund
Stay away from anything that has anything to do with goverment
Goverment doesn't give money away, it sucks it in
Find something legit to invest in

The stock market is not government money. Its more like the government wants you to invest into stocks so when you retire they know you will be taken care-of instead of relying on social security.

Basically unless you invested in 1987, 2000, 2008 you would of had very good returns betting on the stock market. Leaving money in a savings account over long periods of time is very bad because due to inflation it will lose its value over-time.

Hence it needs to be invested somehow, and with every investment there is some degree of risk.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

It is all relative pretty much.

Some can even say that investing in your retirement is gambling because there is a certain degree of risk that the markets can turn.

Pretty much what happened to anyone who invested in 2006-2008, basically it seemed like a safe investment to get into mutual funds and then the crash happened and everybody lost lots of money.

You only use 10% of the money you deposit into the retirement fund
Stay away from anything that has anything to do with goverment
Goverment doesn't give money away, it sucks it in
Find something legit to invest in
legendary
Activity: 3808
Merit: 1723
I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

It is all relative pretty much.

Some can even say that investing in your retirement is gambling because there is a certain degree of risk that the markets can turn.

Pretty much what happened to anyone who invested in 2006-2008, basically it seemed like a safe investment to get into mutual funds and then the crash happened and everybody lost lots of money.
full member
Activity: 508
Merit: 101
I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.
hero member
Activity: 896
Merit: 514
Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.
1% per day isn't hard, -50% isn't hard either. Trading is not like gamble, that is for sure. But it isn't easier either. Do not claim you can get 1% per day since this is indeed possible but it will not happen all the time. Anyway, you're starting tomorrow, I hope to see your progress. Good luck still, you'll need it.
sr. member
Activity: 1330
Merit: 258
Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

So 0.002 btc is very low bank.. 1% daily is good, 30% per month Smiley
Do you want to gamble or invest to gambling?
What strategy will going to use?
This will be dice game?
hero member
Activity: 1316
Merit: 546
Monday Hit Me Every week
I agree if you say that gambling is better than hyip, but in the long-term you will lose a lot of money, i have experimen too in 2015 I get BTC15 btc profite  Grin Grin than im playing again. but, unluck i lose  BTC5 btc And at that time I decided to no longer play gambling with my own money  Cool Cool . u can stoped playing gambling or you  can lose youre life  Wink
hero member
Activity: 1358
Merit: 513
Well there is a skill in gambling but its different than most regular skills like "playing hockey" or "doing karate".

The skill is basically your emotional balance.

Say you rolled 10 losses in a row at 50/50. Can you stomach the next bet with huge capital?

Most human beings would become sick and scared and they would quit gambling even though the probability says that they would win.

Hence there is some skill to this.


This skill is easier for people with more capital however. A millionaire can easily bet and win/lose $1000 rather than someone with only $2K in his bank account.

There is no way that there is any skills requirement on gambling, what you really need is just luck which is really affect on your result. Like you said roll 10 times on 50% winning chance, if you are luck enough you might win more than 6-7 times and in the end you will get your profit, mean while when luck does not comes, what you got will be 10 losing straight

I don't believe or probably i don't want to believe,that gambling is only luck.

OFC have major role to the out come but can you answer me this?
How many wins in a row you have in your gambling history and how many reds? I bet that your straight reds can be 15-20 but your wins don't pass the 8-10.
Isn't strange that % of winning/loosing streaks is almost the same for every one?

Sorry but this is not luck...
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