healthy discussion about DICE | Bitcointalksearch.org

Caladonian

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Quote from: Malsetid on November 27, 2017, 10:40:58 PM

Quote from: nerox on November 17, 2017, 09:45:04 PM

So its been 5 years that im playing this game
sometimes i lost everything
sometimes i manage to win but then burst it all again in some weeks
there is no strategy to beat the HOUSE
why the house always win?
if you try to test 1 satoshi with 50% change you still get more reds than wins. Why?
dont come with that bs "hur dur you are greedy" no!
i mean.. the game is provably fair why we cant win?
everyday i see the house winning 10+ btc just checking the high rollers
post your opinions

I'm thinking that if it's online dice, the results of the rolls can be manipulated in some way. That's why there will be times at the beginning where you'll have successive good rolls. The house plays you. Think about it, dice should be a game that gives you 50% chance for both winning or losing yet most people mainly leans on the losing side most of the time especially if playing for long amounts of time

Precisely, the intention is for us to keep trying our luck even we already have some good earnings, the game itself is very addicting so each time we proceed and play for much longer time, chances of seeing red streaks are always possible and aggressiveness start to come up inside our minds, it is
very difficult to control our emotion when we are already engaged too much.

Malsetid

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Quote from: nerox on November 17, 2017, 09:45:04 PM

So its been 5 years that im playing this game
sometimes i lost everything
sometimes i manage to win but then burst it all again in some weeks
there is no strategy to beat the HOUSE
why the house always win?
if you try to test 1 satoshi with 50% change you still get more reds than wins. Why?
dont come with that bs "hur dur you are greedy" no!
i mean.. the game is provably fair why we cant win?
everyday i see the house winning 10+ btc just checking the high rollers
post your opinions

I'm thinking that if it's online dice, the results of the rolls can be manipulated in some way. That's why there will be times at the beginning where you'll have successive good rolls. The house plays you. Think about it, dice should be a game that gives you 50% chance for both winning or losing yet most people mainly leans on the losing side most of the time especially if playing for long amounts of time

loews

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Quote from: flower1024 on November 24, 2017, 12:21:59 PM

Quote from: loews on November 24, 2017, 11:39:37 AM

Quote from: Bellator on November 23, 2017, 10:05:18 PM

Quote from: mrcash02 on November 23, 2017, 09:27:15 PM

Quote from: Bardman on November 23, 2017, 07:49:14 PM

Quote from: mrcash02 on November 21, 2017, 09:06:37 PM

Quote from: Bardman on November 20, 2017, 02:10:05 PM

Quote from: pixie85 on November 19, 2017, 02:01:09 PM

The game works against people who aren't playing big and is set to block the richest, that's my personal idea.
If you had huge money to spend you theoretically could play the system even by martingaling 50 bets in a row, but you'd need a lot of money to do it. Casinos know that and are adding max bet limits. So if you are there to play low and can't go big after a number of small losses in a row you just can't get your money back and they can safely keep you at 49% win ratio and still make money.
It's not only an internet casino thing. I've seen pro players being kicked out of real casinos because they can't just limit your bets there so the only way is to stop you from playing.

To be able to lose 50 bets in a row you would need an insane amount of money it wouldn't even be worth it to bet in the first place. Even with bitcoins if you start with 1 satoshi bet, 40 bets in a row would need 5400 bitcoins and 50 in a row would need around 5.5 million bitcoins. Even if you have the money, keep in mind that you are betting 1 satoshi so even with a bot betting, you would need to bet for months and months just to win some money that compared to your 5.5 million bitcoins is still meaningless. As I showed above it's also better to just bet half of it at 33% and if you lose bet the other half at 24.75% because this gives you total odds 49.58% which is a bit higher than just 49.5% that you would get by making a single bet and you save all the time that would take betting at 1 satoshi.

The gambler can have thousands or millions of Bitcoins, at some point he will touch the maximum bet allowed by the house and that is the end of the streak. So he will need to continue betting the maximum allowed, or he will need to start again... Progressively losing money without chances of recovering it. And you can change the winning chance to 90% or 1%, doesn't matter, the result will be the same on long term.

Unless you have infinite money which is not possible, having a lot of money wont make you win, casinos have a maximum bet to cover their own bankroll not to stop martingale from working. The problem is that if someone with a lot of money comes in and makes a few martingale bets with a very big starting bet, the chances of winning are pretty good for him if he only plays a few bets and then leaves so casinos put a limit on red/black type of bets to ensure the max bet is not too big forcing the player that has a lot of money to start off with a small bet. If you were to play for a long enough time, you would lose even with 100 billion dollars, eventually...

Yes, it's always very profitable for the casino, with or without infinite bankroll. Cheesy

But people still believe they can make a good job playing with their mix of strategies. Well, for me this time have already passed, for me makes no sense anymore to play Dice game knowing these facts. Better to move to sports betting with a good tipper if the intention is to make profit.

Mix strategies could not be associated with dice games in casino because it was just a matter of lucky bets. That's a good insights if you are moving to sportsbetting because you actually witnessed the actual sports trending on how the team went on on their team set plays. Dice games is only for those who wanted fun guessing of their bets even though it isn't sure to win.

oh boi, do you know even big games are rigged on sports betting? NBA,NFL all that shit.. if you think that sports betting is good for a long run then you really dont know what u are doing to your money
but GL

Sports betting is good to compare Dice game but making a long run win is possible but not easy. now all sports become business, players and teams only play for money, not for the nation. now we can not predict the game result based on the team name and players name. that is why we will lose our bets in sports betting.

i agree on this part

audaciousbeing

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Quote from: nerox on November 17, 2017, 09:45:04 PM

So its been 5 years that im playing this game
sometimes i lost everything
sometimes i manage to win but then burst it all again in some weeks
there is no strategy to beat the HOUSE
why the house always win?
if you try to test 1 satoshi with 50% change you still get more reds than wins. Why?
dont come with that bs "hur dur you are greedy" no!
i mean.. the game is provably fair why we cant win?
everyday i see the house winning 10+ btc just checking the high rollers
post your opinions

For a while 5 years and you didn't win, I guess you must have been carried away with the idea that you will win one day and recover all your losses but that doesn't happen. Now that you have learnt your lesson, I hope you have decided to move on and understand that gambling is not meant for everyone especially the ones that are based on probability rather than skills and dice is key example to that.

On those that are winning big, its either of two ways I see it.

1. Those people are that are winning are just one of the several that have lost their money and the 10btc+ might just be a payback of the 100btc+ that have been lost.

2. The 10btc winnings might just be a bogus one with the site creating account to gamble with their same money whether its lost or won, it does not matter so far its showing on the dashboard and giving 'hope' to someone playing with real money to gamble and lost.

flower1024

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