gambling techniques - page 14. | Bitcointalksearch.org

TimeTeller

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Quote from: decodx on October 29, 2022, 12:37:48 PM

Quote from: Haunebu on October 29, 2022, 12:17:59 PM

My favorite gambling technique which helped me win decent amounts in the short-term is yolo gambling which is a pretty popular technique since it's one of the very few ways available to realistically beat the house in the short-term.

I've heard about the YOLO before and I know YOLO stands for "you only live once", but I don't understand this gambling strategy well. Can you explain in more detail how this works and how it can be used in gambling? I'd like to learn more about this so I can try it myself.

I only heard yolo in trading strategy but in gambling, I don't know what he is referring to.
As you said, that stands for "you only live once." And based from this article, indeed it is!

https://www.gamblingsites.com/blog/yolo-strategy-in-gambling/

So I don't know if Haunebu is indeed referring to this.
But how can you apply this in gambling? A good example would give us idea how he used it to his advantage.

Saint-loup

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Quote from: Coin_trader on October 29, 2022, 07:06:03 AM

I preferred Blackjack and Craps when application on techniques since other games especially slot is luck based games (I knew Craps is luck based game too but its house edge is very low because it has draw when the number that you bet or 7 didn’t win on the round).

I usually bet in Craps only on win 4 or 10 and wait for the result patiently even if I lose a single round because the pay rate is around 2.76 which is equivalent to almost 3 times of game. This bet with same amount multiple times will gave an advantage to win more if 4 or 10 appears even half of the amount 7 appear.

On Blackjack, Using the standard table matrix strategy will give you a little bit edge on the game and also Blackjack pay extra 50% so this is one of the best games to apply strategy.

Just applying the basic strategy at Blackjack won't give you an edge over the house, that is to say the house edge won't become negative even if it will become very low. It will usually stay around 0.5% depending on the rules used at the table. To get an house edge negative you need to count cards or being able to recognize some of them. But usually casinos apply rules and procedures that prevent those techniques to be efficient enough to get a positive expected value.

decodx

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Quote from: Haunebu on October 29, 2022, 12:17:59 PM

My favorite gambling technique which helped me win decent amounts in the short-term is yolo gambling which is a pretty popular technique since it's one of the very few ways available to realistically beat the house in the short-term.

I've heard about the YOLO before and I know YOLO stands for "you only live once", but I don't understand this gambling strategy well. Can you explain in more detail how this works and how it can be used in gambling? I'd like to learn more about this so I can try it myself.

Haunebu

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My favorite gambling technique which helped me win decent amounts in the short-term is yolo gambling which is a pretty popular technique since it's one of the very few ways available to realistically beat the house in the short-term.

Pair this strategy with the 'Invest only what you are willing to lose' rule and you will enjoy gambling majority of the time. Use Oscar's Grind strategy if you wish to prolong your sessions for as long as possible.

Other strategies like martingale, paroli, D'Alembert etc are riskier short-term strategies in comparison.

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Quote from: Blawpaw on October 26, 2022, 12:34:22 PM

I would like to have you guys speaking about different gambling techniques so that we can exchange knowledge and improve our winning chances.

I'll leave my simple technique here and I'll hope you guys can leave some more!

I often use the stake doubling technique to several games. I normally do this with dice games and if it played correctly its profitable. What you have to do is simply start with a small stake and every time you lose you double your steak until you win. Once you win, you will recover all the amount you lost. This works if you have enough money to keep doubling your bet, so you should do your math and check with how much you should start. It is not infallible but it works.

This technique may make you win many times but what if you keep losing then what will you do? You do not have unlimited money to keep on playing and double the money on every loss. I would suggest that we keep a point that if we keep on losing, we will quit at a certain point otherwise we may lose all of our money in this technique.

Apart from that, i do not know any techniques which can make you win in gambling. It is only luck by which you can make money. The only thing which you can control is to manage your money so that you keep an overall win when you calculate the total wins and losses.

Coin_trader

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I preferred Blackjack and Craps when application on techniques since other games especially slot is luck based games (I knew Craps is luck based game too but its house edge is very low because it has draw when the number that you bet or 7 didn’t win on the round).

I usually bet in Craps only on win 4 or 10 and wait for the result patiently even if I lose a single round because the pay rate is around 2.76 which is equivalent to almost 3 times of game. This bet with same amount multiple times will gave an advantage to win more if 4 or 10 appears even half of the amount 7 appear.

On Blackjack, Using the standard table matrix strategy will give you a little bit edge on the game and also Blackjack pay extra 50% so this is one of the best games to apply strategy.

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Quote from: Docnaster on October 29, 2022, 01:41:39 AM

There are many techniques and gambling which works for different kind of people, there is hardly nothing you do in life that doesn't have a different strategy that will make you successful. Working strategies here does not imply that they don't lose in gambling but it makes their winning consistent and losing also consistent they will know and track their winnig and lose rate in gambling with the help of the strategy that they use. However one strategy does not always work continuously, at a point when you test other strategies or even quit gambling for sometime.

About what tecnique are you talking ? Can you provide some example about it?

Generally speaking, casino gambling is based on luck, I dont see there Is anything that could really help on a win. Your luck chance will not change in any case.
The fact that you cannot apply a strategy that can improve your chance in medium/long term or could be applied anyway...

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Quote from: bitbollo on October 26, 2022, 04:45:36 PM

I dont think there is a specific technique that could boost really your winning chance or help to maximize profit. In gambling your profit Is directly linked to ... Luck ! Some times there are certain strategy to manager portfolio ...but these are not directly to gambling and could be applies to any economic aspect of real life Wink

There are many techniques and gambling which works for different kind of people, there is hardly nothing you do in life that doesn't have a different strategy that will make you successful. Working strategies here does not imply that they don't lose in gambling but it makes their winning consistent and losing also consistent they will know and track their winnig and lose rate in gambling with the help of the strategy that they use. However one strategy does not always work continuously, at a point when you test other strategies or even quit gambling for sometime.

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Quote from: Blawpaw on October 26, 2022, 12:34:22 PM

I would like to have you guys speaking about different gambling techniques so that we can exchange knowledge and improve our winning chances.

I'll leave my simple technique here and I'll hope you guys can leave some more!

I often use the stake doubling technique to several games. I normally do this with dice games and if it played correctly its profitable. What you have to do is simply start with a small stake and every time you lose you double your steak until you win. Once you win, you will recover all the amount you lost. This works if you have enough money to keep doubling your bet, so you should do your math and check with how much you should start. It is not infallible but it works.

There are different gambling strategies and different people may use different strategies. The strategy you used is very good advice for everyone but not for you. When you go to eGambling you are not going to gamble with big profit but to gamble with small range of raffles and bet for small amount of gambling there. If you can make profit from there then you can increase your budget again and if you take loss then your loss will go away from small amount.Here are the best tips and tricks.

acroman08

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some might get influenced and try this strategy but just a reminder that using this strategy can and will drain your funds quickly especially if you only have a small amount of it. unless you start your bet at a very small amount(which is not worth trying since you'd barely get anything).

Quote from: Blawpaw on October 26, 2022, 12:34:22 PM

-snip

just curious, what is your starting bet amount when you start your stake doubling technique(which is called the martingale strategy)?

Mauser

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Quote from: Blawpaw on October 26, 2022, 12:34:22 PM

I would like to have you guys speaking about different gambling techniques so that we can exchange knowledge and improve our winning chances.

I'll leave my simple technique here and I'll hope you guys can leave some more!

I often use the stake doubling technique to several games. I normally do this with dice games and if it played correctly its profitable. What you have to do is simply start with a small stake and every time you lose you double your steak until you win. Once you win, you will recover all the amount you lost. This works if you have enough money to keep doubling your bet, so you should do your math and check with how much you should start. It is not infallible but it works.

Sorry to be a party pooper here, but casino games are designed in the way that the gambler has a negative expected value in the games. There is no strategy that will make consistent money in gambling. The only real proven strategy is card counting in BlackJack and that is banned by all the casinos and they will remove you from the game when they find out. The longer we play the higher our chances that our gambling outcome will diverge to the expected values and this making money for the casino. This doesn't mean that we can't be lucky and make a decent profit in gambling, it just won't be consistent. You are doing the Martingale strategy, doubling your money after every loss. That is the most common strategy I would say and I love it myself, it's great way to keep track of our bet sizes and make sure that we recover our eventually. The problem is of course that there can be long losing streaks that will ruin our bankroll and end up losing us a large amount of money. The money you need to risk is quite large compared to the small profit you make when you win.

piebeyb

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Quote from: Reatim on October 28, 2022, 11:03:43 PM

But being a low roller does not mean bad at all , because there are plenty of people even me that loves betting low while others are High.

yes it's just a suggestion if he wants to collect free bitcoins he can just get free bitcoins from his free rolls every hour without having to gamble in the dice round game even though I also like to bet for small bets, so there's no intent to corner anyone, as long as he believes and consistently doing that is of course very good too, no problem with the way he plays guys

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Quote from: piebeyb on October 28, 2022, 11:00:31 PM

Quote from: ?? on ??

Martingale is always at heart in dice gambling techniques, just a little touch to make it work better scoring money with a bet of 1 satoshi until my multiple can still win and get a little profit, but even if it's a little I believe it will be big later, consistent in playing is very necessary

betting with 1 satoshi I think it will waste your time to play let alone just get less profit, there are several sites that provide free rolls every hour to get some satoshi even I think it is more than the profit every hour, why not start to collect it that's if you want to get free bitcoin like on the freebitcoin site that still exists today and you can also play HI and LO there using your Martingale technique, sorry it's just a suggestion

If you are only going to bet 1 satoshi per roll? then why not just gamble in freebitco.in when they have airdrop that gives you free satoshi at least per hour and spins? like what you said freebitco seems to be the place where you can gamble free and take your chance .

_____________________________________________

But being a low roller does not mean bad at all , because there are plenty of people even me that loves betting low while others are High.

piebeyb

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Quote from: ?? on ??

Martingale is always at heart in dice gambling techniques, just a little touch to make it work better scoring money with a bet of 1 satoshi until my multiple can still win and get a little profit, but even if it's a little I believe it will be big later, consistent in playing is very necessary

betting with 1 satoshi I think it will waste your time to play let alone just get less profit, there are several sites that provide free rolls every hour to get some satoshi even I think it is more than the profit every hour, why not start to collect it that's if you want to get free bitcoin like on the freebitcoin site that still exists today and you can also play HI and LO there using your Martingale technique, sorry it's just a suggestion

adzino

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Quote from: Blawpaw on October 26, 2022, 12:34:22 PM

-snip-
I often use the stake doubling technique to several games. I normally do this with dice games and if it played correctly its profitable. What you have to do is simply start with a small stake and every time you lose you double your steak until you win. Once you win, you will recover all the amount you lost. This works if you have enough money to keep doubling your bet, so you should do your math and check with how much you should start. It is not infallible but it works.

The strategy that you use is called martingale strategy. You keep on doubling your bet until you win and then go back to your base amount bet. The strategy may sound very simple and fool proof, but it isn't. You are still risking equally. The more you lose, the faster you will get wiped out. Unless, you have infinite balance, you will lose in the long run due to the house edge.

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This is not a good strategies for a beginner, how do you think a beginner would get adapted with methods where he doesn't have enough funds to run such expenses, secondly what if they kept doubling his money and still ended up of not winning what could be his gain or efforts toward that methods of gambling?

this could be martingale strategy correct me if i m wrongly posted

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Quote from: agustina2 on October 28, 2022, 05:22:56 PM

Quote from: Blawpaw on October 28, 2022, 02:21:30 AM

basically, if you keep doubling, when you win, you will recover from the losses.

I don't understand how's it easy to you to say such things.

Alright, I will give you a scenario, you are now on a losing streak and the next bet is now $100.

Do you still have the guts to bet that amount just to recover all your losses or you will quit now? If you quit then your technique is not a technique, to begin with.

Agreed, and if this technique is successful it is time for each and every gambling site to close their service and move forward finding some other business.

The strategy is applicable and have chances of recovering the loss, but it won't work 100% unless you hold big bag of money to spend.

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Quote from: ?? on ??

Martingale is always at heart in dice gambling techniques, just a little touch to make it work better scoring money with a bet of 1 satoshi until my multiple can still win and get a little profit, but even if it's a little I believe it will be big later, consistent in playing is very necessary

Believe me, it's a waste of time.
You will need to play for days just to earn few kilo satoshis that you can easily get from some free faucets. This if we suppose you are lucky enough and won't hit a very long losing streak which will drain all your balance (and it can/will happen at any time).
Read this article: Wheat and chessboard problem - Wikipedia to realize how fast the bet amount can grow!

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Quote from: Blawpaw on October 28, 2022, 02:21:30 AM

basically, if you keep doubling, when you win, you will recover from the losses.

I don't understand how's it easy to you to say such things.

Alright, I will give you a scenario, you are now on a losing streak and the next bet is now $100.

Do you still have the guts to bet that amount just to recover all your losses or you will quit now? If you quit then your technique is not a technique, to begin with.

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Quote from: Kemarit on October 27, 2022, 08:36:45 PM

Martingale also entails luck + huge capital to begin win.

For techniques, I usually go max bet or a least with a decent multiple when I start to play slots. I don't know, maybe I felt that in the beginning it's better to go like this and if you are lucky then you can win big right away.

Just last Saturday I went to a landbase casino and just play 2 games, slots and roulette and very lucky to win in the beginning because of the max bet that I did on a slot game.

I want to have that luck one day in a slot machine, I see slot machines as the easiest game for one to lose money quickly, I don't know how they can see so much emotion, I don't know how to make bets, I think sometimes I don't have much knowledge and I have lost a lot for the simple reason that sometimes I increase my bets a lot, but betting a lot means that the winnings are very high, that's why I think I don't win, I don't play for very long, my games are fast, but my balance is used up very fast and it makes me angry, I would like to have your patience to be able to bet a lot of money at the right time to win big.

Topic: gambling techniques - page 14. (Read 5924 times)