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Topic: Experiment: 1% profit daily gambling over 90 days (91 days exactly) - page 5. (Read 3101 times)

sr. member
Activity: 532
Merit: 250
I really don't think that this experiment is going to show much at all due to the fact that there can be short term variances that will affect the outcome of your bets. We all know that gambling is -EV, and hyips are even worse.

Although 1% profit seems to be achievable, it is definitely not sustainable.

If my calculations are correct then the odds of you winning all of the 90 bets is only going to be around 16~%(i'm not a mathematician so if someone thinks its wrong lmk). You're probably better off placing a single bet, you'd be exposed to less house edge.
sr. member
Activity: 438
Merit: 266
And why you do not make sports bets ?
I know but it's much harder to get 1% daily betting sports.

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.

Seems like a good idea to try in real life especially if you have .002 just lying around. I'll follow your thread and see what will come out of this (even though I already know what will happen  Roll Eyes ). I'll also show this to my friend who is always arguing with me and his belief is that "gambling is always better than trading".

If people go to trading by thinking that they can make a money in few hours then it is almost like gambling and more chances of losing money. But if people buy some good coins and hold it until its prices go up then trading is much better than gambling. Anyway, gambling is for entertainment purpose not for making money and I'm very sure OP is going to lose his bankroll.
Of course I know it's for entertainment purposes. This experiment is to test my luck not to profit.

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.

This will hardly prove anything, you can make a bad/good investment, it doesn't have anything to do with random chance while gambling does.
Also, you should be able to profit from HYIPs with enough experience and getting in early, while gambling hmm
I don't think there is anything to do to beat the house longterm, you can do it short term though.
Casino games are -EV but I once won a lot playing Multicolor game.

So you want 90% profit. I think it can be frustrating after 90 days... So many successful days and you need only one to destroy all the progress done on last days. But it's an interesting experience and it can proove something to people who think they are safe just because they gamble once a day for few minutes only. I will follow this thread too...
It will be compounded profit.
newbie
Activity: 56
Merit: 0
so like an interesting. do you mean you will do trading on bitsler?
full member
Activity: 1060
Merit: 103
If you are so confident about loosing, you'll be making bets haphazardly and without any strategy.  Wink
full member
Activity: 165
Merit: 100
in gambling once you win, then twice you lose. lower bets win, win win, higher bets lose lose lose.. hehehehhh
legendary
Activity: 1414
Merit: 1008
★Bitvest.io★ Play Plinko or Invest!
Instead of dice , you can go for sports-betting actually if you are looking for such small profit per day because the most hot favorites are given 1.02 odds to 1.05 odds so you can go for that instead of taking risk with dice Smiley Just my opinion though .
legendary
Activity: 1316
Merit: 1011
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.

Seems like a good idea to try in real life especially if you have .002 just lying around. I'll follow your thread and see what will come out of this (even though I already know what will happen  Roll Eyes ). I'll also show this to my friend who is always arguing with me and his belief is that "gambling is always better than trading".

If people go to trading by thinking that they can make a money in few hours then it is almost like gambling and more chances of losing money. But if people buy some good coins and hold it until its prices go up then trading is much better than gambling. Anyway, gambling is for entertainment purpose not for making money and I'm very sure OP is going to lose his bankroll.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
So you want 90% profit. I think it can be frustrating after 90 days... So many successful days and you need only one to destroy all the progress done on last days. But it's an interesting experience and it can proove something to people who think they are safe just because they gamble once a day for few minutes only. I will follow this thread too...
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
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.

Seems like a good idea to try in real life especially if you have .002 just lying around. I'll follow your thread and see what will come out of this (even though I already know what will happen  Roll Eyes ). I'll also show this to my friend who is always arguing with me and his belief is that "gambling is always better than trading".
newbie
Activity: 70
Merit: 0
Gambling is always depended on your luck and it is most unpredictable so we can't say whether we can make everyday 1% or more or less. Sometimes you can lose your bankroll before even you win a single bet or roll. Also, if it works one time for you there is no guaranty that you will get the same result when you repeat this experiment again. Goog luck to you.....
You are absolutely right but the sports bets if you know sports and you know some more  things you can make money it is not like the casino and dice that everything depends on the luck
legendary
Activity: 1456
Merit: 1023
Gambling is always depended on your luck and it is most unpredictable so we can't say whether we can make everyday 1% or more or less. Sometimes you can lose your bankroll before even you win a single bet or roll. Also, if it works one time for you there is no guaranty that you will get the same result when you repeat this experiment again. Goog luck to you.....
newbie
Activity: 70
Merit: 0
And why you do not make sports bets ?
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
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.

This will hardly prove anything, you can make a bad/good investment, it doesn't have anything to do with random chance while gambling does.
Also, you should be able to profit from HYIPs with enough experience and getting in early, while gambling hmm
I don't think there is anything to do to beat the house longterm, you can do it short term though.
newbie
Activity: 39
Merit: 0
Sounds like a great thread to follow.

OP.. Where are you going to trade?
I'm going to gamble on Bitsler. I will give you out my username for sake of live updates.

Awesome! Looking forward to it.
sr. member
Activity: 438
Merit: 266
Sounds like a great thread to follow.

OP.. Where are you going to trade?
I'm going to gamble on Bitsler. I will give you out my username for sake of live updates.
newbie
Activity: 39
Merit: 0
Sounds like a great thread to follow.

OP.. Where are you going to trade?
sr. member
Activity: 438
Merit: 266
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.
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