how much bitcoin price now is affecting your bets? - page 2.

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Quote from: zidanw on December 26, 2016, 01:08:54 AM

Quote from: BTCLovingDude on December 24, 2016, 08:47:55 AM

i was wondering how much do you change the size of your bets and for example your bankroll now that bitcoin price has gone up to ~$900?

i am usually getting more cautious about each bet and make smaller bets when price goes up just to match the price with the risk i take.

i never change my bankroll eventhough price bitcoin down or rise, iam betting in bitcoin value

you're truely the real gambler because bitcoin price movement doesn't any effect for your bets even if you want to starting gambling and were buying bitcoin using fiat or dollar it will be very influential because buying bitcoin price with the current price quite expensive and if we compare the price from several months it is almost double

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Quote from: zidanw on December 26, 2016, 01:08:54 AM

Quote from: BTCLovingDude on December 24, 2016, 08:47:55 AM

i was wondering how much do you change the size of your bets and for example your bankroll now that bitcoin price has gone up to ~$900?

i am usually getting more cautious about each bet and make smaller bets when price goes up just to match the price with the risk i take.

i never change my bankroll eventhough price bitcoin down or rise, iam betting in bitcoin value

It is a rare situation I guess , usually people gamble in dollar value even they use bitcoin.
So when the price of bitcoin changed then your bet amount adjusted too.
There is a lot of people like you out there indeed but I believe most people just adjusting the bet amount rather than keepgambling with same value of bitcoin.

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Quote from: BTCLovingDude on December 24, 2016, 08:47:55 AM

i was wondering how much do you change the size of your bets and for example your bankroll now that bitcoin price has gone up to ~$900?

i am usually getting more cautious about each bet and make smaller bets when price goes up just to match the price with the risk i take.

i never change my bankroll eventhough price bitcoin down or rise, iam betting in bitcoin value

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Quote from: hajimasan on December 25, 2016, 11:02:12 PM

Quote from: BTCLovingDude on December 24, 2016, 08:47:55 AM

i was wondering how much do you change the size of your bets and for example your bankroll now that bitcoin price has gone up to ~$900?

i am usually getting more cautious about each bet and make smaller bets when price goes up just to match the price with the risk i take.

No It Doesn't Affect My Bets Because I Mainly Doing Gambling For Fun and Not For Money Making, So I always Gamble with small amounts and Never Try to Make Monet in Gambling.
I Also Suggest to all that Gambling is a Shit Activity I'm which you can't win For Long Term.

When you are a gambler and your main intention is just to gamble at all, the price movement will not affect you that much, with the heart of a gambler you are willing to take risks and using bitcoin in gambling is making a risks double which is what we are doing now. But there are smart gamblers as well, who automatically convert their bitcoins into fiat right after every session, so the price movement does not affect them much.

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Quote from: BTCLovingDude on December 24, 2016, 08:47:55 AM

i was wondering how much do you change the size of your bets and for example your bankroll now that bitcoin price has gone up to ~$900?

i am usually getting more cautious about each bet and make smaller bets when price goes up just to match the price with the risk i take.

No It Doesn't Affect My Bets Because I Mainly Doing Gambling For Fun and Not For Money Making, So I always Gamble with small amounts and Never Try to Make Monet in Gambling.
I Also Suggest to all that Gambling is a Shit Activity I'm which you can't win For Long Term.

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of course this is a big impact. now I have to think harder because I have to spend the amount of money more.
with increases in the price of bitcoin, I am more cautious in taking any decision bet.

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Quote from: Skarner21 on December 25, 2016, 06:27:55 PM

Before i just gamble and always watching the price fo bitcoin before gamble because for the continues growth and price increase from last year and today there is large price increase if you compare from before that actually the price last year is double right now.. so before i gamble i am thinking what is the good amount to bet and the price of bitcoin..that can affect or your gamble strategy..

To compare to last year now it's almost double price. I think last year it was 450+$ now it's crossed 900$. So we have to think before placing our bets. If you bet just 0.01 BTC, your returns are also double, and your loss also double. So I will not play huge amount, I will play with fix amount if I win my bet also I will not change my betting amount. Sometimes if odds is a favor for me I will increase my betting amount. The BTC price increase is little bit effect for my betting.

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Before i just gamble and always watching the price fo bitcoin before gamble because for the continues growth and price increase from last year and today there is large price increase if you compare from before that actually the price last year is double right now.. so before i gamble i am thinking what is the good amount to bet and the price of bitcoin..that can affect or your gamble strategy..

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Quote from: Labumi on December 25, 2016, 06:08:32 PM

Quote from: Shinpako09 on December 25, 2016, 05:34:36 PM

Actually it doesnt affect my bets. My bets are not depending on whats the btc price is. My minimum bet is still .01btc and i wont change that even if the price is in 4digits.

Ahahah, that's something that suffice it extraordinary. I see no reason someone like your thoughts and desires, but indeed I see that if you were not affected at the price of btc for sure you have earnings in the btc that makes you not worry as prices btc. And also a bet that you did that already included small enough for you that I see are already professionals in gambling. So, if you deign to get I get a little science in gambling ..??

I think if you are just betting small bets it can affect your gambling betting style or changing the amount of your bet for me it can be the same result if you are betting high or low.. maybe in the others that actually they are want to increase their earnings or profit or they are want to their small amount of bet can win big amount.. they are worrying for the price of bitcoin that is why they are always relaying in the price of bitcoin before they will bet..

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Quote from: Shinpako09 on December 25, 2016, 05:34:36 PM

Actually it doesnt affect my bets. My bets are not depending on whats the btc price is. My minimum bet is still .01btc and i wont change that even if the price is in 4digits.

Ahahah, that's something that suffice it extraordinary. I see no reason someone like your thoughts and desires, but indeed I see that if you were not affected at the price of btc for sure you have earnings in the btc that makes you not worry as prices btc. And also a bet that you did that already included small enough for you that I see are already professionals in gambling. So, if you deign to get I get a little science in gambling ..??

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Actually it doesnt affect my bets. My bets are not depending on whats the btc price is. My minimum bet is still .01btc and i wont change that even if the price is in 4digits.

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There hasnt been any changes to my bet sizes when it comes to comparing it with the btc price. I bet with respect to my bankroll and not with respect to its price in $'s or euros.

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It has really affected me as I always bet 1% to 2% of my bankroll so even with the price of Bitcoin going up I haven't made any changes to my betting strategy or the way I bet. I may rethink my strategy if BTC goes over 1k but for now I'm happy doing what I already do.

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Quote from: coinplus on December 25, 2016, 11:14:58 AM

Quote from: izanagi narukami on December 25, 2016, 05:57:39 AM

Since I'm not gambler hardcore , it doesn't affect me at all. But if bitcoin value increase 10 times from current value, I'm usually will decrease my bankroll about 20% as it become valuable so I can't waste it too much

I often do not change my bet amounts but I try to bet less, it is like I bet on sports and I do not make silly bets like parlay and all when the price of bitcoins is high. When the price is low I often make parlays with 0.01 bitcoin and 100-200 odds and hence making sure I don't loose much when the price is high.

yes that is a fact, i also change the price of bitcoin when the price of bitcoin goes up, i then change my bit according to the recondition reality. otherwise i never need to change the price of bitccoin.

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Quote from: BTCLovingDude on December 24, 2016, 08:47:55 AM

i was wondering how much do you change the size of your bets and for example your bankroll now that bitcoin price has gone up to ~$900?

i am usually getting more cautious about each bet and make smaller bets when price goes up just to match the price with the risk i take.

It is not affecting my betting bankroll as i have first off all set my bankroll and just playing according to it, that is why i dont have any problem in price fluctuations. as 50% of my earning i am converting it to fiat currency and 25% is their in investment and that investment selling price is above $1000 which i think i will be doing it in next year.

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Quote from: Golftech on December 25, 2016, 05:33:36 AM

Quote from: Herbert2020 on December 25, 2016, 04:39:12 AM

to be honest it mainly depends on how much bitcoin i am earning.
for example if i am earning 1BTC then i will be betting 0.1BTC and be happy about it but if my amount of earning goes down to 0.1BTC then what i bet will also go down to 0.01BTC because i keep betting the same amount i can no longer afford it.
(all these number are hypothetical though just to make a point!)

For sure you are just playing to have some fun because you are just making sure that you are just consuming the money that you are willing to give up so meaning to say you are not care what ever the value of bitcoin in your currency? Me, might consume .01 btc for the whole week just to enjoy the game.

Someone might even gamble whole month or year with 0.01 or even 0.001 bitcoins that totally depends on them and actually such low risk or non-professional gamblers are never affected by the price rise or fall.
Usually I do not change my bets at all when the price changes but if its around 900$ like now then I alter my bets a bit.

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Quote from: izanagi narukami on December 25, 2016, 05:57:39 AM

Since I'm not gambler hardcore , it doesn't affect me at all. But if bitcoin value increase 10 times from current value, I'm usually will decrease my bankroll about 20% as it become valuable so I can't waste it too much

I often do not change my bet amounts but I try to bet less, it is like I bet on sports and I do not make silly bets like parlay and all when the price of bitcoins is high. When the price is low I often make parlays with 0.01 bitcoin and 100-200 odds and hence making sure I don't loose much when the price is high.

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As for me my bets are still the what it was even when the price was around sub $300s. It's just small at BTC0.01 a try. Grin

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Quote from: BTCLovingDude on December 24, 2016, 08:47:55 AM

i was wondering how much do you change the size of your bets and for example your bankroll now that bitcoin price has gone up to ~$900?

i am usually getting more cautious about each bet and make smaller bets when price goes up just to match the price with the risk i take.

well truth is i seldom use my bitcoins now to make bets or to gamble in general. ever since the rise of bitcoin's price, I'm thinking more on saving the btc's I've earned for future use while hoping that btc would sustain it's rise. sometimes, i gamble with a few extra satoshis on dice but that's about it. i think I'm now being more responsible with the money that i hold Cheesy

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now after the bitcoin price is being more higher price my bet now on gambling site is also raising because if im gonna win the game i could make more income because when i trade my winnings to real money i can get a huge amount of money which i can use on other things that more important for me . like treating my girlfriend and buying things i could use on my everyday life.

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