Topic: Gambling exploit (LEGAL) - page 6. (Read 990 times)

It would be legal if the owner or the developer posted it on their site or published it online as a bug bounty. Mostly, this is the legal way to exploit a website, but you really need to report it to get the bounty. I am not sure if this is fully exploited, but I think this is the kind of strategy that you have a higher chance of winning. I don't get the basis mathematically since you haven't seen it work and it is very fishy that you are asking for someone to fund you, but you know you can get that money because it has a high return.

Even if you are able to exploit the site they will see it in the long run, isn't normal to have users always winning and their first step will be to freeze all the accounts who used the exploit.

So, anyone who tries this will be risking their coins. Be careful.

It's cheating, I agree with you, there's no such thing as a legal exploit, all exploits are illegal and it's not a work of a good gambler if there is an exploit or bug you should report it and they might reward you for pointing the bug as the majority of casinos and exchanges are offering bug bounty, and if you really want to make money from exploiting this is not the place to ask for money for illegal purposes ask a loan from your relatives if you are confident then use your exploit.

The second options find more suitable here because the way he is presenting his words seems he is in obvious scam opportunity worth 20k from any member.

If he has find some bug in the code of the casino he can contact them and as a reward they will automatically give him some good amount so need to ask for money from people.Second it's non ethical way to make money but I know he has not find any such exploits for any gambling website.Even if we assume he has why need 20k? He can easily start with some low amount of betting with his so called strategy without looking for crime partners.You did well by checking some of it and reaching on conclusion not to take part in his fake talks.

Have seen many people aggressively betting with this Martingale strategy betting more after each loss as it states the chances increase of win.But this should be avoided at any cost because you are totally unaware of the outcome like when you will hit the win slot so will you keep going without even bothering about your budget?The only one making profits in this case most of the time is casino due to house edge.

This whole system was started by casino owner and he might be thinking his personal profits before that:


But the system is those who opted it with modifications also tends to loose in the long run and it should not be done at any cost according to me also but still if someone prefers to play with it it's their responsibility.

Any fraud will be discovered sooner or later and the fraudster will be punished as he deserves. I recommend that you do not commit fraudulent actions, because you may not only lose your money, but you may also incur legal liability.
If you found some bug, then it is better for you to contact the representatives of the gambling site and discuss with them the reward for your information.

OP is making a picture like there is a guarantee with gambling like every stake done will lead to profit all the time. Bots giving 100k is no guarantee , maybe you show prove of that. Meanwhile what are you asking for 20k for? This story comes like it is an April fool adventure that is not leading anywhere.

Since when an exploit becomes legal? as what I have read the OP was selling a strategy and not an exploit with a large amount of starting money you would be able to earn from a simple strategy as long as there will be no losing streak which is not impossible so my assumption is that the OP will look for a budget to test his strategy and if it was successful then he will ask for money and if not then he has nothing to lose since it is not his money in the first place that is being used in the gambling site.

ya.ya.yo!

You should include this on the first post you clearly posted that you need $20k and why would you share it when you can do it alone ask your relatives for money or get a loan if you are confident that there's a chance to make money here through a vulnerability this could only mean that you are not really sure because if you are sure you will not share this and make money first before sharing it.

I don't know who is willing to work with you because it's very risky where we don't know how long the site won't know about the loophole. In addition, the amount of money that must be bet is very large and not everyone plays gambling that much. Even though he is a man with a lot of money, I don't think he will also be willing to work with you because on the internet, we don't know who is a friend and who is a foe.

So their "can prove mathematically" was just modified martingale. I think his method was placing a small bets and $20K would be able to cover it. I am sure that either the OP is dumb thinking he can scam some user here or he has just have some good sense of humor and this is just part of the April fool jokes?

WOW! I can't believe scammers still use this kind of scam tactic. only a moron would fall for this.

too bad for you I doubt you'll find high rep members willing to work with you. the forum is riddled with scams like this. I still can't believe you think this kind of scam would work.

If you're a programmer, make use of your skills, rather than exploiting a weakness, you'll be able to sustain yourself for a long time. If you find a bug, report it and make a deal with them, you never know, you might be hired to take care of security patches, and even if they don't offer you a job, they might refer you to another casino software as a recommendation.
Can you guarantee that the so-called Bots you designed will ensure the safety of the capital you're requesting? It's possible that the casino will halt your withdrawals as soon as they notice the designed model isn't working as it should.

If you are going to exploit it and make money out of it, that I think is illegal and $20k? I don't think any trusted users here would give or lend you $20k, why won't you just report it to the gambling site and ask for a bounty reward for finding an exploit that would cost them much money and you should give more clear information such as what kind of game or what gambling site it is.

I've been thinking and I think that the alleged system is even more garbage than it might at first appear.

The martingale is a garbage so-called strategy in which, apart from having more and more chances of finding an unfavorable long streak, the most relevant thing is that you risk more and more capital to earn very little, especially with respect to the increasing capital that you are risking, and if we take rake into account, we are on a sure path to bankruptcy.

The OP says he needs $20K, but he is not going to gamble it all on the first bet. Let's say he starts with $1K at double or nothing and a rake of 5%. If he wins, he makes $950 net. But let's assume he loses, then on the second play he doubles the bet. If he wins, he will win $1.9K net (or 3.9K gross) on that bet, but we have to count that he has bet a total of $3K between the first and second plays, so what he has won net after the two bets is $900. And so on. Third bet would be $4K. If he wins he wins $7.8K, but the net total profit taking into account the three bets would be $800. He could also win the first bet but the chances of losing the second are pretty high (50%).

I know OP's modified martingale system won't be exactly like that, and the rake could be lower etc. but all martingale variants are the same garbage.

There is no way he is going to be able to make $100K a day with a starting capital of $20K. I'm going to leave him a neutral tag, for the time being, because I doubt if he's just naive rather than a scammer intentionally trying to scam people.

Are you sure this is "legal"? Have you verified TOS of this casino/website?
if you are able to force "vulnerability" I am not sure you are acting legally and this casino could allow this kind of action. More over, even you can claim such win, you are not sure it can be withdraw, there are always controls and you're risking to waist time (and resources).
I don't think trusted/reputable users will help for such action.
Try to reach the owner of casino explaining this "vulnerability". You can earn a bug bounty and it's definitely better at this point.
 

Well, if it is a modified form of martingale, I am not surprised that you did not test the strategy.

You have caught the point . If he can really do that, then he can make a profit by doing these things himself .I don't think there is any legal exploit here, He is just thinking of making some money illegally.  Any madman will give him money .AskyaMaddar Don't worry, brother, no one will fall into your trap.

Neither, OP initially PMed asking for a loan or help executing his strategy to quickly make money. They didn't mention gambling and I was bored so I figured might as well entertain them and see what they have to offer ("taking the bait"). I did not test the strategy nor do I need to because it's obviously not profitable. I'm not sure if OP is either just dumb or is trying to scam someone out of some money.

Even if it's legal yet I won't work with you. If what you said is true then use your own money to deposit in that site and then use what you said about consistently winning until you earn enough and then use all crypto you earn until it will reach higher amount compared to the amount you just deposited instead of asking for someone to work work with you. What you said about looking for someone to work wirh you which someone provided money and you make it double or triple is kind of suspicious even if you say that it's April Fools' Day.

If you have found a working way to exploit that much per day, I'm sure you'll never want to share the secrets and just keep it to yourself. Exploits like these is best kept as secret and you as someone who found it should be taking all the money before anyone can notice. You'll go ahead and ask for a loan for your name because you are confident that this will work, and not ask for crowdfunding because we'll only see you as a scammer and nothing else.