Author

Topic: healthy discussion about DICE (Read 872 times)

hero member
Activity: 1302
Merit: 540
November 27, 2017, 10:58:26 PM
#62
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.
hero member
Activity: 924
Merit: 502
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November 27, 2017, 10:40:58 PM
#61
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
member
Activity: 128
Merit: 10
November 24, 2017, 05:52:16 PM
#60
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
hero member
Activity: 1330
Merit: 569
November 24, 2017, 02:06:52 PM
#59
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.
legendary
Activity: 1428
Merit: 1000
November 24, 2017, 12:21:59 PM
#58
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.
member
Activity: 128
Merit: 10
November 24, 2017, 11:39:37 AM
#57
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
legendary
Activity: 1120
Merit: 1000
November 24, 2017, 10:58:17 AM
#56
I think the right answer of that is in one word "Greed". That is right, that dice known sites are secure and fair to play on them, so It's true, you will have a 50% to win/lose, In fact people when they win they would try to play again and again, I talk to the most of them, so automaticaly you will found that the site will have a big profit, and the profit will increase day by day.

Tbh greed is the big problem here in gambling especially on dice. When you win some profits on dice people always continue to get more profits which is totally wrong because it makes us become greedy and in the end you will lose all your profits and even your balance too. So just leave dice sites when you already win some profits.


Greed is not the big problem when you gambling because, in the first place, Greed is responsible on why you are playing gambling even if it is just for fun or profit because you will not gamble if you are not greed to earn so that is not the main factor on why people are losing. IMHO, patience is my weakness at all, I can't stand to bet small multiple times that cause too much loss to me. I believe that if a gambler has a patience while playing, the chance of winning will be increased because he has a lot of time to think and decide on what he will do.
YEs greed is good but up to a limit. If your greed will increase from your limit, where you find it hard to have control over your greed, then it is not good, because you are increasing your chances to lose a big amount of your money, In fact greed compel you to continue gambling even if you will win a good amount of money in gambling, but it is for sure that no one can win every bet, no one can be lucky for every time.
hero member
Activity: 1246
Merit: 529
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November 24, 2017, 07:33:01 AM
#55
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 know this feeling, but I feel it's not always that this happens on all the sites, for ex you could play at bit dice they have the best probably method, plus they have really goods games, I used to play on rollio and pd but I barely had any good luck out there, I feel much more secure and happy playing at bit dice, look all sites have set ups, and even the pros fall for it, you should choose a successful site and a honest site to play after all its dice you can't stop playing it.

Well bottomline is, some sites probably are fair and some are not. At its basics, dice is a 50/50 chance game, so i agree that the most raw version of dice would give you a fair chance of winning. That also means that the results can easily be manipulated by bots if you're playing online dice. That's gives you now less than 50% chance
hero member
Activity: 2646
Merit: 686
November 24, 2017, 07:16:46 AM
#54
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 know this feeling, but I feel it's not always that this happens on all the sites, for ex you could play at bit dice they have the best probably method, plus they have really goods games, I used to play on rollio and pd but I barely had any good luck out there, I feel much more secure and happy playing at bit dice, look all sites have set ups, and even the pros fall for it, you should choose a successful site and a honest site to play after all its dice you can't stop playing it.
sr. member
Activity: 476
Merit: 259
November 24, 2017, 06:01:40 AM
#53
if you try to test 1 satoshi with 50% change you still get more reds than wins. Why?
Chance of winning 50% doesn't always mean you will win 5 times and loss 5 times if you roll dice for 10 times. You can test it with simple head and tail game by keeping all parameters same and tossing coin for 10 times you will never get 5 tail and 5 heads.

House always wins because if you will win with 50% chance they will only pay you 1.98x not 2x so if you will win 5 times out of 10 rolls with 1 bitcoin bet and 5BTC bankroll than you will have 5x1.98 = 9.9BTC total balance.

Than suppose you will loss remaining 5 times ; 5 x 1 = 5BTC

Now in total you will loss = 4.9 - 5 = 0.10BTC ( this is house profit just because of house edge).

It doesn't necessarily mean that you will get that outcome, but at the long run you are supposed to get that outcome, and because the house takes about 2%, you have no chance winning against the house at the very long run.

The most profitable way to win at dice betting is to quit gambling after one roll, even if you lost the roll or won the roll, the house edge hasn't affected you really much so you are not in a big lose.
Mathematically, the more you play, the more you lose, because every bet is like paying 2% of your wager to the gambling site.
legendary
Activity: 1442
Merit: 1008
November 24, 2017, 03:08:03 AM
#52
Our bankroll is always small from the house also house have limit of max profit but we don't have that kind of limit to bet with the amount of bankroll we have. Dice sites are provably fair and its probability which makes you loose not because of provably fair system.
provably fair make sure the game are completely random , the game are generated by certain code and inside of that there's a house edge where the primary function are to make the business run well profitable and that house edge take the profit from every bet placed. which means when you have played for 5 years then you have given the site a steady income with every single bet you have made, that's why in dice you should leave forever once you have got a winning, otherwise you would feel like you would never win in the end.
If we do play on reputable sites then dice games would really be always been fair to its players and its normal that house edge would be always there because house are making money on every bet we do made which is actually true on what you said here. This game is famous because of the fast results that it gives. Some people do believe that they can make a living with this game but end up on having a hole on their pocket.
in the end noone would believe that dice could give you profit continuously , in the long run gamble on dice game has much more risk due its quick outcome . greedy people would keep silent on a huge winning but accusing the site as not fair/shady on a non sense lost. well we would always see such people with irresponsible attitude and more to childish.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
November 24, 2017, 12:35:35 AM
#51
I think the right answer of that is in one word "Greed". That is right, that dice known sites are secure and fair to play on them, so It's true, you will have a 50% to win/lose, In fact people when they win they would try to play again and again, I talk to the most of them, so automaticaly you will found that the site will have a big profit, and the profit will increase day by day.

Tbh greed is the big problem here in gambling especially on dice. When you win some profits on dice people always continue to get more profits which is totally wrong because it makes us become greedy and in the end you will lose all your profits and even your balance too. So just leave dice sites when you already win some profits.


Greed is not the big problem when you gambling because, in the first place, Greed is responsible on why you are playing gambling even if it is just for fun or profit because you will not gamble if you are not greed to earn so that is not the main factor on why people are losing. IMHO, patience is my weakness at all, I can't stand to bet small multiple times that cause too much loss to me. I believe that if a gambler has a patience while playing, the chance of winning will be increased because he has a lot of time to think and decide on what he will do.
full member
Activity: 350
Merit: 100
November 23, 2017, 11:24:50 PM
#50
I think the right answer of that is in one word "Greed". That is right, that dice known sites are secure and fair to play on them, so It's true, you will have a 50% to win/lose, In fact people when they win they would try to play again and again, I talk to the most of them, so automaticaly you will found that the site will have a big profit, and the profit will increase day by day.

Tbh greed is the big problem here in gambling especially on dice. When you win some profits on dice people always continue to get more profits which is totally wrong because it makes us become greedy and in the end you will lose all your profits and even your balance too. So just leave dice sites when you already win some profits.
hero member
Activity: 826
Merit: 501
November 23, 2017, 10:05:18 PM
#49
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.
hero member
Activity: 1190
Merit: 525
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November 23, 2017, 09:27:15 PM
#48
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.
hero member
Activity: 952
Merit: 516
November 23, 2017, 07:49:14 PM
#47
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...
legendary
Activity: 3094
Merit: 1127
November 23, 2017, 03:06:24 AM
#46
Our bankroll is always small from the house also house have limit of max profit but we don't have that kind of limit to bet with the amount of bankroll we have. Dice sites are provably fair and its probability which makes you loose not because of provably fair system.
provably fair make sure the game are completely random , the game are generated by certain code and inside of that there's a house edge where the primary function are to make the business run well profitable and that house edge take the profit from every bet placed. which means when you have played for 5 years then you have given the site a steady income with every single bet you have made, that's why in dice you should leave forever once you have got a winning, otherwise you would feel like you would never win in the end.
If we do play on reputable sites then dice games would really be always been fair to its players and its normal that house edge would be always there because house are making money on every bet we do made which is actually true on what you said here. This game is famous because of the fast results that it gives. Some people do believe that they can make a living with this game but end up on having a hole on their pocket.
legendary
Activity: 1442
Merit: 1008
November 23, 2017, 01:46:04 AM
#45
Our bankroll is always small from the house also house have limit of max profit but we don't have that kind of limit to bet with the amount of bankroll we have. Dice sites are provably fair and its probability which makes you loose not because of provably fair system.
provably fair make sure the game are completely random , the game are generated by certain code and inside of that there's a house edge where the primary function are to make the business run well profitable and that house edge take the profit from every bet placed. which means when you have played for 5 years then you have given the site a steady income with every single bet you have made, that's why in dice you should leave forever once you have got a winning, otherwise you would feel like you would never win in the end.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 23, 2017, 01:34:56 AM
#44
Dice is popular game in online bitcoin gambling, but still every gambler said that he like dice but he can't earn from it. It is right because in dice we have no strategy, so always we could win if we have luck. Simply if we have no luck then sure we have less chances to win in dice, that's why all the time house win and we can't.   

although people can not always win but they are enjoy to play dice games and i think we need to be careful with this games because this could attract our greediness to play again and again. every time we loss, we thinking that in next chance we can be a winner because we think that our luck will come after next roll but unfortunately, we don't know when the luck will come.
hero member
Activity: 812
Merit: 500
November 23, 2017, 01:23:06 AM
#43
Dice is popular game in online bitcoin gambling, but still every gambler said that he like dice but he can't earn from it. It is right because in dice we have no strategy, so always we could win if we have luck. Simply if we have no luck then sure we have less chances to win in dice, that's why all the time house win and we can't.   
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
November 23, 2017, 01:11:51 AM
#42
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





Now you have been spend 5 years a long time with dice game, then of course you know better than us. But i am fully agree with you, that always house win. Why house always win? i don't know, may be house has more luck than us, that's why every time house has a winning. But it is dice game, and no strategy and no rules are here to win us, so it is totally depend on luck then accept it that we ever win because of luck.   
legendary
Activity: 966
Merit: 1006
November 22, 2017, 12:53:25 PM
#41
if you try to test 1 satoshi with 50% change you still get more reds than wins. Why?
Chance of winning 50% doesn't always mean you will win 5 times and loss 5 times if you roll dice for 10 times. You can test it with simple head and tail game by keeping all parameters same and tossing coin for 10 times you will never get 5 tail and 5 heads.

House always wins because if you will win with 50% chance they will only pay you 1.98x not 2x so if you will win 5 times out of 10 rolls with 1 bitcoin bet and 5BTC bankroll than you will have 5x1.98 = 9.9BTC total balance.

Than suppose you will loss remaining 5 times ; 5 x 1 = 5BTC

Now in total you will loss = 4.9 - 5 = 0.10BTC ( this is house profit just because of house edge).
member
Activity: 128
Merit: 10
November 22, 2017, 11:13:40 AM
#40
because you cant beat a money machine programmed to finish you
the owner can do so many shady things that you will never know
for example: set a code to you lose all times when you try all in
otherwise the house was broken already
hero member
Activity: 756
Merit: 505
November 21, 2017, 11:34:49 PM
#39
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.
Yes in the end it all depends on the result and result is always in the favour of betting house in tge long term. Daily hundreds and thousands of gamblers go for diceroll and there is a very little number of people who win and a more precise number who ever have withdrawn winning of dice. I think it is only wasting your time and nothing else.

There are more losers since there is house edge. That is the reason why the house always wins. It may seems small, but that 1% house edge is such a big factor in the long run as it will prove that statistically it will result to losses the more rolls a gambler does since it will result to more losses than wins. For example, in a perfect number of games there would be 49 losses for the gambler and 51 wins for house because of the house edge.
sr. member
Activity: 588
Merit: 254
November 21, 2017, 11:09:52 PM
#38
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.
Yes in the end it all depends on the result and result is always in the favour of betting house in tge long term. Daily hundreds and thousands of gamblers go for diceroll and there is a very little number of people who win and a more precise number who ever have withdrawn winning of dice. I think it is only wasting your time and nothing else.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 21, 2017, 09:42:21 PM
#37
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 think no matter how long you played in dice games, you always loss and there is no other way to beat the house because the house is the owner of the place. although the games is provably fair, but everything is set by the owner and if you see the gambler have a chance to win the games, i think its only because of luck. lets think about how if you create your gambling site, you always win the money, right? so you will prevent the others to win big money and only you that is always win so you will arrange or makes the site that will works for you.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
November 21, 2017, 09:06:37 PM
#36
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.
hero member
Activity: 952
Merit: 516
November 20, 2017, 02:10:05 PM
#35
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.
hero member
Activity: 3010
Merit: 666
November 20, 2017, 05:40:49 AM
#34
You need to understand the house edge, dice has a house edge although they differ on a certain percentage but for sure there is only one result which is we will lose in the long run. Don't play dice harder because the longer you play the more you lose, just treat it as a way to have fun because there is no method that will be useful in the long run, I have tried many methods but I am still a loser until now, I just realize we need to focus on other things when it comes to making money.
hero member
Activity: 1302
Merit: 540
November 20, 2017, 01:04:57 AM
#33
that's also the reason why there's a lots of a gambling site which offer dice games or hi and low games as they are able to manage winning from those greedy gamblers who thinks that it really easy winning against the house, I'm not sure but from my personal experience I do suffer same with the OP I win sometimes but most of it I do lose a lot.
hero member
Activity: 896
Merit: 514
November 19, 2017, 11:23:47 PM
#32
Basically, house edge prevents any player to win in the long run. That 1% seems small if you look at it in just one bet, but statistically speaking that means you will still lose in the long run. Basically you have 49.5% chance to win to double your money on each bet. Again, one look at it doesn't seem to be something that would make you lose every game but it will make you lose in the long run.

If you use 50% chance then that means you are not get 100% profit per roll, probably 97%. Which means if there is an even number of wins and losses then you will still lose on that in the long run.
hero member
Activity: 2184
Merit: 531
November 19, 2017, 02:01:09 PM
#31
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.
full member
Activity: 952
Merit: 104
November 19, 2017, 12:48:02 PM
#30
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 not a gambler but i play gambling sometimes for my relaxation to get out the stress but if think playing in the gambling are not good idea to makes profits, even the gambling lord says no one can win and get huge prices in the gambling, winning in the gambling if you have luck is an extra benefit.
legendary
Activity: 1932
Merit: 2272
November 19, 2017, 12:15:04 PM
#29
There are some ''strategies'' that grant you better odds than others but never enought to beat the house. For example, martingale is a popular strategy but there are other methods that have the same odds but are just faster which is something very important since you don't want to gamble for hours just to win a very small amount of money with the possibility of losing it all.
Wrong, odds are always the same no matter what strategy you use and no matter what you do. If your chance to win is 50% it will be 50% after first roll, it will be 50% after your second roll and it will be 50% after your xxxxxx roll.
Quote
A ''strategy'' posted long ago to increase your odds slightly better than you would have using only 1 bet at 49.5
''For an example of a better strategy, try:

  bet 0.5 at 33%
  if you win, you get 99/33 = 3x, so you get 1.5 back, a profit of 1 - you've doubled your money

  if you lose, bet the other 0.5 at 24.75%
  if you win, you get 99/24.75 = 4x, so you get 2 back - you've doubled your money

  the only way it goes wrong is if you lose both the 33% and the 24.75% - the chance of that is (1-0.33) * (1-0.2475) = 0.504175
  so the chance of success is 1 - 0.504175 = 0.495825 = 49.5825% - a fraction higher than 49.5''
It's called reversed martingale and believe me if you are not lucky to hit long streak you will end up in negative profit. I hit several times "longer streak" but i have never hit streak long enough to give me positive profit.
sr. member
Activity: 714
Merit: 260
November 19, 2017, 05:23:38 AM
#28
Simply because its a gambling and no one can beat gambling ever.we can win sometimes but will loss most of the times theres no need to analyze everything just our experience will prove what i mean here.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
November 19, 2017, 03:57:56 AM
#27
I think the right answer of that is in one word "Greed". That is right, that dice known sites are secure and fair to play on them, so It's true, you will have a 50% to win/lose, In fact people when they win they would try to play again and again, I talk to the most of them, so automaticaly you will found that the site will have a big profit, and the profit will increase day by day.

You talk to most of the people who win and lose and mostly lose out of greed or you talk to the sites which are profiteering from these users of the site's losses? Undecided

The problem is the even if you have a seemingly full-proof method to win the game - there can be no "win". If you are one of those people who win something from dice games and then withdraw it and never come back then you are exceptional. Most people though are greedy and are never willing to stop even if they know that the house is technically unbeatable. The house edge will wipe out your balance once you play long enough under the influcence of your greed.

Our bankroll is always small from the house also house have limit of max profit but we don't have that kind of limit to bet with the amount of bankroll we have. Dice sites are provably fair and its probability which makes you loose not because of provably fair system.

People today know that most reputed sites have provably fair system to verify the randomness associated with rolls and this thread was not one which is questioning that.
legendary
Activity: 1428
Merit: 1000
November 19, 2017, 03:49:45 AM
#26
The house got more advantages because when you put 50% winning chance usually the payout will not 2 but around 1.95, with that payout the house got a better odds, the second one the maximum bet, martingale techniques can be used if you got a lot of money and there's no maximum bet, because from the probability counting there is always chances that you are going to lost in streak game and to return that lost money you will need to bet without maximum bet, the key to win  in dice game is to stop while you win
The martingale method is unpredictable it works when we are in short time loss, but once it existed and went long run lost 99% the house will win you can continue your play, but you will not get a green number this happened to me.  Instead of losing more money in martingale method better we can stop our game when we are at small loss or profit.
hero member
Activity: 1484
Merit: 516
November 19, 2017, 02:09:14 AM
#25
You're playing dice already 5 years same as me and your story is exactly the same as I experienced,sometimes the house always win right but must be smart arrange time to play dice try you pay attention your best time playing dice that is time weakness house.Nothing perfect home despite having a high system will surely be burglarized by a thief and we are a thief who wants to take the property from the house,think my sentence you must understand I mean.
hero member
Activity: 1274
Merit: 516
November 19, 2017, 01:29:24 AM
#24
The house got more advantages because when you put 50% winning chance usually the payout will not 2 but around 1.95, with that payout the house got a better odds, the second one the maximum bet, martingale techniques can be used if you got a lot of money and there's no maximum bet, because from the probability counting there is always chances that you are going to lost in streak game and to return that lost money you will need to bet without maximum bet, the key to win  in dice game is to stop while you win
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
November 18, 2017, 03:11:52 PM
#23
The house always win as advantage is always with them. It doesn't matter even the game is provably fair if we are keep on gambling in a greedy way, they will still win. Dice is one of the hardest gambling game to win and even how prepared you are, there's no way to beat the house with this game.
hero member
Activity: 952
Merit: 516
November 18, 2017, 02:40:51 PM
#22
If you have a 50% chance then the casino will just make you win less money. Like 1 bitcoin on 50% would make you win 0.998 for example. After 1k bets, although you are likely to win 50% of the times, even if you do, you are winning 0.998 bitcoins and losing 1 (assuming you are betting 1 bitcoin each time) so you are basically losing your money slowly till the end.

There are some ''strategies'' that grant you better odds than others but never enought to beat the house. For example, martingale is a popular strategy but there are other methods that have the same odds but are just faster which is something very important since you don't want to gamble for hours just to win a very small amount of money with the possibility of losing it all.

https://www.forexfactory.com/showthread.php?p=8495533#post8495533

A ''strategy'' posted long ago to increase your odds slightly better than you would have using only 1 bet at 49.5
''For an example of a better strategy, try:

  bet 0.5 at 33%
  if you win, you get 99/33 = 3x, so you get 1.5 back, a profit of 1 - you've doubled your money

  if you lose, bet the other 0.5 at 24.75%
  if you win, you get 99/24.75 = 4x, so you get 2 back - you've doubled your money

  the only way it goes wrong is if you lose both the 33% and the 24.75% - the chance of that is (1-0.33) * (1-0.2475) = 0.504175
  so the chance of success is 1 - 0.504175 = 0.495825 = 49.5825% - a fraction higher than 49.5''

So it is basically better to bet in smaller bets to achieve your goal as you would have a 0.0825% better chance, again this is still less than 50% and it will always be, also it doesn't really matter long term since you are going to lose everything eventually.
hero member
Activity: 1008
Merit: 1012
November 18, 2017, 01:42:46 PM
#21
I think the right answer of that is in one word "Greed". That is right, that dice known sites are secure and fair to play on them, so It's true, you will have a 50% to win/lose, In fact people when they win they would try to play again and again, I talk to the most of them, so automaticaly you will found that the site will have a big profit, and the profit will increase day by day.

You talk to most of the people who win and lose and mostly lose out of greed or you talk to the sites which are profiteering from these users of the site's losses? Undecided
sr. member
Activity: 434
Merit: 250
November 18, 2017, 12:55:27 PM
#20
I think the right answer of that is in one word "Greed". That is right, that dice known sites are secure and fair to play on them, so It's true, you will have a 50% to win/lose, In fact people when they win they would try to play again and again, I talk to the most of them, so automaticaly you will found that the site will have a big profit, and the profit will increase day by day.
hero member
Activity: 1008
Merit: 1012
November 18, 2017, 12:41:55 PM
#19
dice are the most favourite and the most popular gambling game and to playing it there is no required the particular skill because this game is easy to be understand and the best part from playing dice is you could able to win even more than from your basic capital of money but the worst is you cannot use analysis and strategies to win it because dice game results is pure depend from your luck
It is most favorable because it is very simple to play.
You pick if the number of the roll goes above or below a set value.
It is pretty straight forward.
And the casinos like it because it is not resource intensive to run a site with it only needing to show a formation of numbers with hardly any graphics on their sites if they so choose to put them up or not.

The chat rooms on these sites take up more of the sites resources then the actual game itself. Cheesy
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
November 18, 2017, 12:33:42 PM
#18
dice are the most favourite and the most popular gambling game and to playing it there is no required the particular skill because this game is easy to be understand and the best part from playing dice is you could able to win even more than from your basic capital of money but the worst is you cannot use analysis and strategies to win it because dice game results is pure depend from your luck
hero member
Activity: 560
Merit: 500
November 18, 2017, 12:15:54 PM
#17
Our bankroll is always small from the house also house have limit of max profit but we don't have that kind of limit to bet with the amount of bankroll we have. Dice sites are provably fair and its probability which makes you loose not because of provably fair system.
legendary
Activity: 1008
Merit: 1010
CryptoTalk.Org - Get Paid for every Post!
November 18, 2017, 11:17:26 AM
#16
You must understand that the dice games depends on the luck of the player and not on any other factor. The skills and expertise of the player has nothing to do with the game. Even experienced players get wiped of their balance in dice and they end up with zero balance.

Any strategy that you try on dice, you need to stop at a certain time. This is because your bankroll in finite and the maximum payout of the casino is fixed Hence running a dicebot with any strategy will ultimately end up in you getting busted even if that method is so called full-proof. As a matter of fact there is nothing called full-proof in gambling.

Skill? In dice games? This made me smile. I can understand people that say that they use "strategies" in these games, even if they don't always work, as there's actually math based strategies to win, but skills? And i agree, it is very important to stop if you use any strategy in dice games, as every strategy has tony chance to lose, but if you lose you'll lose everything.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
November 18, 2017, 10:57:30 AM
#15
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
Because of house edge?
You don't have 50/50 chance, you have 49.5% chance.
If you roll dice 100000 times only betting on high you will probably win 49500 times and lose 50500 times. See? More reds than greens in long run.
This has been posted and discussed already million times.


Yes, actually many people don’t realize that what provably fair means. It is established to show that they are running a fair system with no tricks in it. But if you take a second glance at it, it clearly shows how they are going to lose in the long terms and at what rate, depending on House Edge.

What is most surprising is that it’s taken five years to him to realize he can’t win.
legendary
Activity: 1932
Merit: 2272
November 18, 2017, 09:19:35 AM
#14
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
Because of house edge?
You don't have 50/50 chance, you have 49.5% chance.
If you roll dice 100000 times only betting on high you will probably win 49500 times and lose 50500 times. See? More reds than greens in long run.
This has been posted and discussed already million times.
legendary
Activity: 1904
Merit: 1000
November 18, 2017, 07:22:23 AM
#13
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 know how it feels. But to be honest, it comes not just with dice game. We mostly will have the same feeling with any other types of gambling games. We mostly will have the bad result on gambling no matter at what games we play. That is why for most people gambling is considered as a bad habit to do. They say: "No one can be rich with gambling."
legendary
Activity: 3094
Merit: 1127
November 18, 2017, 06:45:42 AM
#12
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




Im quiet amazed that you did sustain for this long on playing gambling imagine 5 years? You do still play this game which is actually the most famous one. Your questions have been answered on the things you do said on here. House always wins seeing that there is a house edge.In longer runs they would really take your money this is why gambling is a profitable business.They are provably fair but those are already designed for its gamblers to lose in the end.
hero member
Activity: 1008
Merit: 1012
November 18, 2017, 06:42:42 AM
#11
I never really knew why these sites had a maximum to the amount a player can win during one roll.
Some one could place a 1btc bet on a roll and hit the win. If there wouldn't be that set maximum amount the entire house would loss everything.
Then the site would have to shutdown.
So I do not think this would be the reason why they would start a business in the first place with the intention of losing it all.
Do you atleast agree with that? Undecided
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 18, 2017, 06:35:22 AM
#10
You must understand that the dice games depends on the luck of the player and not on any other factor. The skills and expertise of the player has nothing to do with the game. Even experienced players get wiped of their balance in dice and they end up with zero balance.

Any strategy that you try on dice, you need to stop at a certain time. This is because your bankroll in finite and the maximum payout of the casino is fixed Hence running a dicebot with any strategy will ultimately end up in you getting busted even if that method is so called full-proof. As a matter of fact there is nothing called full-proof in gambling.
thats good mate it defend on luck but its not only in dice its on all the gambling game that even if you try harder to win the big chance of lossing is always stake.

And how can we possibly win on the gambling games when 1 is to many the chance of beating the game.like in roulette how many option to bet when theres only few chance of winning,and if you try to bet all the betting option.the stake is lower than you bet.thats how hard to beat the gambling
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
November 18, 2017, 05:50:27 AM
#9
The truth behind dice is they are saying it's provably fair, okay let's believe on that. But gambling is a big business and do you think the house will just let us win too big with dice. I played dice for so many years and times, I did lost a lot of bitcoin with it either but no matter how hard I try to believe on that "fair" still I keep on losing. It only triggers me to gamble more when I keep on losing.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
November 18, 2017, 04:55:24 AM
#8
As you said, you answered it already. There's no way to beat the house in dice and then you are asking why the house win? It's their game, it's their system/script and etc. you know they won't put themselves to let their players have the big chance of winning on their end.
legendary
Activity: 3052
Merit: 1273
November 18, 2017, 04:45:05 AM
#7
there is no strategy to beat the HOUSE

You know it, but you still do it?

Quote
why the house always win?

That's such a question which cannot be answered by us (the players) but only those who hold it (admins and devs of the dice sites where you play).

Quote
if you try to test 1 satoshi with 50% change you still get more reds than wins. Why?

Luck factor. And by saying that, I don't mean that something comes in you as a feeling that makes you believe that such minute is ^lucky^ for you, but this factor is based on the number of bets that it carries and the rolls that come out.

Quote
i mean.. the game is provably fair why we cant win?

A question which remains unanswered always, none here could answer this. If house lets us win alone (or at least win at a better consistency), won't they go bankrupt?
sr. member
Activity: 476
Merit: 259
November 18, 2017, 04:32:15 AM
#6
It is possible to hit a big jackpot, but the dice game is designed that you will always end up as a loser at the long run.

Think about it like that, the profit/risk is always lower then 1.00, which means that if you are risking a doubleup(50% chance), you will get less then 1 of the money you invested, so the casino is always taking a cut.

Also, take in your mind that some casinos are rigging the outcome, which means that sometimes when you are supposed to win you are actually presented as a loser.

full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
November 18, 2017, 04:07:29 AM
#5
Basically I prefer on dice game in a gambling site than any other games because it's more simple. Well though it's often annoying, but it can be a saturated reliever when filling in a time gap with no activity. Strategy indeed it's really needed on dice game, but I personally do not really care about the many strategies, I just playing with the intention having fun and trying to win as much as I can.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
November 18, 2017, 03:34:48 AM
#4
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
The probable fairness of the probability can not be proven in the short term. Run tests with thousands of bets at the same odd and you would see that odds never lie. But that can't be done for free on dice websites so players always end up seeing the short term effects which could be turned against them, and as the house indicstes, with higher probability. Thing is, when you lose everything, there is no getting back. That's what keeps dice websites alive.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
November 18, 2017, 03:30:51 AM
#3
You must understand that the dice games depends on the luck of the player and not on any other factor. The skills and expertise of the player has nothing to do with the game. Even experienced players get wiped of their balance in dice and they end up with zero balance.

Any strategy that you try on dice, you need to stop at a certain time. This is because your bankroll in finite and the maximum payout of the casino is fixed Hence running a dicebot with any strategy will ultimately end up in you getting busted even if that method is so called full-proof. As a matter of fact there is nothing called full-proof in gambling.
legendary
Activity: 1316
Merit: 1011
November 17, 2017, 10:22:36 PM
#2
The simple answer is all houses will have a maximum win or bet amount and you can't exceed that amount. Even though the game is probably fair you're not allowed to continue your roll until you get a win. Also, you got a huge bankroll but you can't beat the house to win every time you play this game and that's why we need to be lucky to make money from this game.
newbie
Activity: 25
Merit: 0
November 17, 2017, 09:45:04 PM
#1
Lets begin
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