FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 995.

tbct_mt2

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Quote from: SquallLeonhart on March 21, 2020, 12:42:45 PM

I agree, many of the times the winner is not the most wagered but the least thought on, that is what bitcoin is. I have also said before that shows what bitcoin acts like, not just in a wagering train of thought but imagine it from the investor/trader perspective.

If the story is who waggers most will be the winner, all the time, there will no waggerers join Wagger contest. Because if you wagger 1 BTC, there are many others who wagger more, and so on. It will turn to be a game of whales and biggest whale will win it. Fortunately, it is not a story we have here.

Quote

We have something that is impossible to imagine even what the price would be in 10 days, that is seriously difficult to invest or trade with. Who the hell trades something that they have zero clue what the price would be in 10 days? Nobody does that, no wall street, no UK guys, no institution ever trades something that they would have zero idea in 10 days. Sure sometimes they turn out wrong as well but not commonly, not all the time, in bitcoin this doesn't happen time to time, it happens all the time.

Anyway, predictions and bets make people go crazy. They love such things and they keep doing that from time to time. We can do it base on price chart, fractals, and more things but as always they are predictions and bet. There is no guarentee that our predictions or bets will be right and help we win.

ryzaadit

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Quote from: ?? on ??

I've had plenty of success with the Martingale strategy on the Auto-bet option on Multiply BTC. Set ON WIN to Return to Base Bet and ON LOSE to Increase Bet By 50% (although martingale requires doubling) and start. Unless you're VERY unlucky, this will garner you consistent gains. But here's something you have to take into account: have atleast a 100,000 satoshi balance, and start betting with 5-10 satoshi per bet to minimize the chance of losing everything at once.

Sound smart!, But it doesn't work xD

Lets me asking something, how much red you got went you doing a gamble?

Around 7-10 times? with only 100.000 sats you can't really handle the martingale system, my most red reaching 20-25 times some of the people also got more than 35 times or 40. Doing an auto bet system, just need time until the red trains come to you that's why is not really good.

vella85

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Quote from: ?? on ??

I've had plenty of success with the Martingale strategy on the Auto-bet option on Multiply BTC. Set ON WIN to Return to Base Bet and ON LOSE to Increase Bet By 50% (although martingale requires doubling) and start. Unless you're VERY unlucky, this will garner you consistent gains. But here's something you have to take into account: have atleast a 100,000 satoshi balance, and start betting with 5-10 satoshi per bet to minimize the chance of losing everything at once.

This might work for months but eventually you will lose it all as this system has been flawed many times before. Also people get greedy when they win all the time and think that they will never lose using a system like this but then reality hits when they lose it all even if you have 0.01 or 0.1, it doesn't matter as you will lose. Its been proven in roulette that this never works and also with dice games like multiply btc.

SquallLeonhart

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I agree, many of the times the winner is not the most wagered but the least thought on, that is what bitcoin is. I have also said before that shows what bitcoin acts like, not just in a wagering train of thought but imagine it from the investor/trader perspective.

We have something that is impossible to imagine even what the price would be in 10 days, that is seriously difficult to invest or trade with. Who the hell trades something that they have zero clue what the price would be in 10 days? Nobody does that, no wall street, no UK guys, no institution ever trades something that they would have zero idea in 10 days. Sure sometimes they turn out wrong as well but not commonly, not all the time, in bitcoin this doesn't happen time to time, it happens all the time.

freebitco.in PR

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freebitco.in Official PR Account

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merc1969

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Quote from: ?? on ??

I've had plenty of success with the Martingale strategy on the Auto-bet option on Multiply BTC. Set ON WIN to Return to Base Bet and ON LOSE to Increase Bet By 50% (although martingale requires doubling) and start. Unless you're VERY unlucky, this will garner you consistent gains. But here's something you have to take into account: have atleast a 100,000 satoshi balance, and start betting with 5-10 satoshi per bet to minimize the chance of losing everything at once.

Nope . Eventually you will lose *ALL* your money.
Try for some online Martinagale simulators and test it out !

freebitco.in PR

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freebitco.in Official PR Account

We're towards the end of the March Monthly Contest, and the competition is heating up!

Get your wagers in and refer your friends to win $32,500.

Hurry, only 10 days to go before the contest ends.

merc1969

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Quote from: RealMalatesta on March 20, 2020, 11:13:44 AM

You can't really know what bitcoin will do in 10 days, if we did know that we would have been richer much more than just gambling, we would have longed or shorted our positions with leverage to make insane amount of profit, but we don't know it at all.

True

Quote from: RealMalatesta on March 20, 2020, 11:13:44 AM

Which is why it is also incredibly hard to make a wager on it as well, that is why 3rd most wagered, 5th most wagered type of results end up winning.

Yes, which is why most of the times - its always a mistake that ends up winning. If you go by trend/ calculation , you might most probably lose.

RealMalatesta

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Quote from: merc1969 on March 20, 2020, 01:17:19 AM

With an average fluctuation / day of $1240 per BTC , ( 1240 = volatility for the last 10 days ). It will be a rather risky affair to predict the value 10 days ahead . Given the betting range between each odds $500. ( eg: 6000 - 6501 ).
Simple rule - if the average volatility is less than your betting range ( $500 ) , its worth considering to take a shot at betting. Currently NO. Angry

That is the thing with bitcoin and knowing the price 10 days beforehand. I do not remember when all of this started but has the leading odd price ever became true? I do not remember anytime soon that happened, at least not in the past 3 months. Which means whenever people wager on a price range, they are usually wrong, only lesser amount of people are right (well at least money wise).

You can't really know what bitcoin will do in 10 days, if we did know that we would have been richer much more than just gambling, we would have longed or shorted our positions with leverage to make insane amount of profit, but we don't know it at all. Which is why it is also incredibly hard to make a wager on it as well, that is why 3rd most wagered, 5th most wagered type of results end up winning.

freebitco.in PR

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Today's Daily Progressive Jackpot Ends in 6 HOURS!

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slaman29

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Livecasino, 20% cashback, no fuss payouts.

Quote from: merc1969 on March 19, 2020, 10:47:35 PM

No , You cant . Again - its a probability game .
Martingale system is your best bet and what you are talking about . If you read up a little about the simulations around martingale, you will find how it gives you a sense of winning - while you are actually just going to make a huge loss.

Quote from: FinneysTrueVision on March 19, 2020, 10:19:37 PM

If you have a large enough balance and a good strategy you can go a very long time without going bust. The house edge tells you how likely you are to lose but if your balance is large enough you can make up for those losses before you run out of money.

It's a funny world when you have people claiming to be Satoshi and making a forkcoin of his true vision going off the rails.

And then you've got people using Finney in their nick not understanding how casinos work. You can never have a large enough balance if the casino has a max bet and max win limit. You can get away with 10 million rolls or even 100 million but in my lifetime I have bet billions of rolls. They all end up losing eventually. It's about having fun and not putting money that would get you in trouble if lost.

merc1969

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With an average fluctuation / day of $1240 per BTC , ( 1240 = volatility for the last 10 days ). It will be a rather risky affair to predict the value 10 days ahead . Given the betting range between each odds $500. ( eg: 6000 - 6501 ).
Simple rule - if the average volatility is less than your betting range ( $500 ) , its worth considering to take a shot at betting. Currently NO. Angry

Quote from: freebitco.in PR on March 20, 2020, 12:41:23 AM

After a drop to the low $5,000s last week, BTC has surged above $6,000 again.

With odds of 11.18 and 11.90, $6,001 - $6,500 and $6,501 - $7,000 respectively are great options to put your bets on.

Where will the Bitcoin Price end up at 23:59 UTC on March 31st? Only 3 days to go! Get your bets in and win a share of the 1.40 BTC prize pool!

freebitco.in PR

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freebitco.in Official PR Account

After a drop to the low $5,000s last week, BTC has surged above $6,000 again.

With odds of 11.18 and 11.90, $6,001 - $6,500 and $6,501 - $7,000 respectively are great options to put your bets on.

Where will the Bitcoin Price end up at 23:59 UTC on March 31st? Only 3 days to go! Get your bets in and win a share of the 1.40 BTC prize pool!

merc1969

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The rewards are a direct function of the current BTC to USD rate . As teh BTC rate agains USD increases , your reward goes down.

Quote from: USBitcoinServices.Com on March 19, 2020, 10:24:01 PM

Wondering why there are times when we earn more rewards, now it is slow even when I still have the same referrer holding a good amount of balance.

merc1969

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No , You cant . Again - its a probability game .
Martingale system is your best bet and what you are talking about . If you read up a little about the simulations around martingale, you will find how it gives you a sense of winning - while you are actually just going to make a huge loss.

Quote from: FinneysTrueVision on March 19, 2020, 10:19:37 PM

If you have a large enough balance and a good strategy you can go a very long time without going bust. The house edge tells you how likely you are to lose but if your balance is large enough you can make up for those losses before you run out of money.

USBitcoinServices.Com

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Earn bitcoins every hour, link below at signature.

Wondering why there are times when we earn more rewards, now it is slow even when I still have the same referrer holding a good amount of balance.

FinneysTrueVision

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Top Crypto Casino

Quote from: hosseinimr93 on March 19, 2020, 03:59:07 PM

Quote from: FinneysTrueVision on March 19, 2020, 02:46:53 PM

Quote from: SquallLeonhart on March 19, 2020, 12:52:58 PM

-snip-

This is only true if you play with the default settings. An experienced gambler with a good strategy is certainly capable of making a profit.

No, what SquallLeonhart said is always true. No gambler can change the mathematics governing a dice game.
The house edge guarantees that the gambler will lose in long term. There's a simple mathematics. In a game with odds of 2, the chance of winning is always lower than chance of winning. In a game with 50% win chance, the odds are always lower than 2. More you play, closer you get to statistical distribution of outcomes and you will certainly lose.
Note that all bets are independent from each other. So, no strategy works. However you change the odds or chance win, the site has advantage against you.

PS:
I'm not saying the game is not fair. Freebitco dice game is provably fair.
The house edge is needed for every gambling site to survive.
The house edge in freebitco is 5%. But a big part of that goes to faucets, reward points, weekly lotteries, daily jackpot, monthly contest. There is also a Lamborghini lottery. So, the percentage of wagering volume goes to house is way lower than 5%.

If you have a large enough balance and a good strategy you can go a very long time without going bust. The house edge tells you how likely you are to lose but if your balance is large enough you can make up for those losses before you run out of money.

merc1969

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YOU were not doing good. It was just that probability was in favor of you. You have no role to play in this other than clicking the 'BET' button. This is the dangerous thought that gets everyone ( including me ) into thinking that I have some role in influencing the outcome in the long run.

Quote from: btcltcdigger on March 18, 2020, 02:27:51 PM

I know, but the day before i was doing so good, I had even thought of putting in some serious money.
Thank god i didn'tm it was only $5 investment, and in the end $20 lost

vella85

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Quote from: btcltcdigger on March 18, 2020, 02:27:51 PM

Quote from: Kakmakr on March 18, 2020, 01:41:03 AM

Quote from: btcltcdigger on March 17, 2020, 02:59:06 PM

I'm having the worst of luck with the hi-lo game today.
Yesterday i felt invincible, made $20 in about 1 hour.
Today i can't even break even. The system hates me

That is just how provably fair gambling sites should work. Grin

If it was a simple as having a good day, every day.. these sites would not have existed. In the back of your mind, you might think the system is rigged and it takes back what it gives, but that is not true at all. I have had days where I have had bad luck days for weeks and then I had 1 excellent day, where I made huge profits. Grin

Unfortunately with this site, you will win a little less, because they have a slightly higher house edge that most other gambling sites. I still enjoy playing here, because I generate passive income at 4%+ on my deposit balance and that funds some of my gambling needs. In other gambling sites, I get ZERO interest on my balance. Wink

I know, but the day before i was doing so good, I had even thought of putting in some serious money.
Thank god i didn'tm it was only $5 investment, and in the end $20 lost

I've had good days and bad days but on the bad days it does feel like it is rigged however I know that it isn't because there is no guaranteed way to win at gambling sites like this one. All the videos we see on YT are just there for referrals and trick people into thinking they can always win which isn't the case because if it was we would all be rich. I just bet on sports when a sports comes up that I like and try and win that way so I just leave btc in there ready for a sport to pop up that I like and place my bets and in the mean time my btc sitting in here is earning the 4% interest and growing my stack.

hosseinimr93

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Quote from: FinneysTrueVision on March 19, 2020, 02:46:53 PM

Quote from: SquallLeonhart on March 19, 2020, 12:52:58 PM

-snip-

This is only true if you play with the default settings. An experienced gambler with a good strategy is certainly capable of making a profit.

No, what SquallLeonhart said is always true. No gambler can change the mathematics governing a dice game.
The house edge guarantees that the gambler will lose in long term. There's a simple mathematics. In a game with odds of 2, the chance of winning is always lower than chance of winning. In a game with 50% win chance, the odds are always lower than 2. More you play, closer you get to statistical distribution of outcomes and you will certainly lose.
Note that all bets are independent from each other. So, no strategy works. However you change the odds or chance win, the site has advantage against you.

PS:
I'm not saying the game is not fair. Freebitco dice game is provably fair.
The house edge is needed for every gambling site to survive.
The house edge in freebitco is 5%. But a big part of that goes to faucets, reward points, weekly lotteries, daily jackpot, monthly contest. There is also a Lamborghini lottery. So, the percentage of wagering volume goes to house is way lower than 5%.

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 995. (Read 561542 times)