how much bitcoin price now is affecting your bets? - page 4.

ikydesu

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Quote from: BurstIncomeAsset on December 24, 2016, 10:41:53 AM

not affecting

no matter the price, the amount of BTC is always the same

This a mindset from bitcoin gambler. But people have their view themselves, considering the amount use USD for manage income/outcome is also good idea(to make it come easier).

Personally I'm not really considering how much USD, means the price not affect, because basically I used my btc for gamble come from what I've earned, not buy directly, and I do gamble sometimes, so I can still manage (using btc).

BitFinnese

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Quote from: BTCLovingDude on December 24, 2016, 09:47:55 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 does not affect my bet. I do not know but I am betting with only BTC in mind. No equivalent value even cross to my mind. If was betting at 0.005 BTC I still bet with that amount. I think I already secluded btc activities from currency when it comes to using Bitcoin in gambling games.

ajaxmoor

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Not affecting either. I just make bets on a dollar value, so even if the bitcoin price goes up by bankroll increases, but my bet size remains the same dollar value.

emberbekas

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I dont change my bet amounts yet. But this increase affected my main target for each sessions. Usually, I will save my profit whenever I got 2 millions satoshi profit, but now, a million satoshi will be enough.

MMA

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Quote from: traderethereum on December 24, 2016, 12:06:42 PM

i think its not affect with my bets because i only use 0.001 btc - 0.005 btc but i am not check it in fiat, i only send it into my deposit and just playing the games. i think the bets is follow to increase while the price of bitcoin is in high price.

to me i mostly play gambling with bitcoins that i earn in trading, the price of bitcoin really effects my bets, when the price goes high i play with little bit but when the price fell down then i play with high bet to equal the value.

forzendiablo

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sincem ost peopel play with 0.1 - 0.5 BTC max the price doesnt affect super much on bad or good side yet

zero1ten

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Quote from: BTCLovingDude on December 24, 2016, 09:47:55 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 don't usually take into consideration the price of bitcoin when putting my bet, I just do my normal betting whatever the price is so not to distract me on my strategy on gambling anyway at the end of the day the important thing is to win your bet.

mrcash02

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Quote from: BTCLovingDude on December 24, 2016, 09:47:55 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'm fine with that. I can set the bet amount to a lower price and have the same profit I had before with a higher bet.

In the future, we will bet few satoshis pricing some cents of dollar, when the BTC price increases more, the bankroll will last for more time, as we won't need to start betting so high to have profit. Martingale strategy can work longer. Cheesy

bering

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i have the particular amount to limit my bets and now bitcoin price is pretty high and yes i think it is affecting to my bets because if the price will reach to $1000 in the near future i must reduce my amount of bets so it is very affecting to me

Caladonian

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Quote from: BTCLovingDude on December 24, 2016, 09:47:55 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.

Im doing the same mate i dont want to over spend my capital so im calculating the price that i usually bet when the price of btc is not that huge it hard to take a risk since we are using real money and we are playing gamble for sparing some time so be careful and always count the numbers mate.

babyjesusftw1

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It's affected my betting strategy a little bit. I always bet around 2-3% of my total gambling bankroll per play, so now that 3% has gotten a lot bigger so I'm betting bigger. I feel a little strange betting this amount each time now, but it's still 3% of my bankroll, so i guess I shouldn't change anything.

OrangeII

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when prices rise bitcoin, I hesitate to bet large amounts. an increase in the price of bitcoin made me become confused in the betting. I think, when the bitcoin prices rise, the risk that I get in betting in a gambling game also increases. it could have a negative effect on my income.

traderethereum

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i think its not affect with my bets because i only use 0.001 btc - 0.005 btc but i am not check it in fiat, i only send it into my deposit and just playing the games. i think the bets is follow to increase while the price of bitcoin is in high price.

Red-Apple

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i have to admit now that price has gone up to $880 i am more protective of my bitcoins and that means i am making less bets than before but the amount is all the same still.
and all this will be forgotten and i will be back to normal after a while when price got stable

Denker

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Quote from: BTCLovingDude on December 24, 2016, 09:47:55 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'd guess the actual run of the price makes many people think about that!
Imagine a person who like to bet numbers like 0,1 BTC. At the actual rate this is 89$. A few days earlier this amount was worth $70-$75.
This is a lot of money especially when you bet on more than just one game.
I always convert back in my local currency so that I know how much money I may lose when everything is against me.
And I think many others do so as well and are adjusting too when Bitcoin increaes or decreases in value.

Barbut

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Quote from: BurstIncomeAsset on December 24, 2016, 10:41:53 AM

not affecting

no matter the price, the amount of BTC is always the same

Its same with me, I gamble with bitcoins and I calculate my bets based on that. I still play same poker tables like before, just this tables nows worth more.
Same is with other games, I have my strategies in bitcoins so I don't plan to change that, this increase just means that my bets are higher in dollars and with my gambling I can spent or win more.

BurstIncomeAsset

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not affecting

no matter the price, the amount of BTC is always the same

ralle14

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Quote from: BTCLovingDude on December 24, 2016, 09:47:55 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.

With the price going up I still use the same amount(units) when I place my bet on sports because a unit for me is like 0.01 btc. I might reduce my units in the near future if the price becomes stable at $1000. For dice and slots i'll always go small since I don't have any luck on those.

Yutikas_11920

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Well, it can indeed be a problem for some people who are not yet able to use gambling with the right or benefit in it. Indeed it is a good thing, but it's not something a problem for those who can indeed benefit in gambling or it's not a problem for rich people. Indeed better if we can't get something better for a profitable exit from gambling than gain loss.We can indeed benefit in it. But if we can benefit if doing gambling all the time?. and try the calculated overall from the first play until now, whether it's the results we calculate the benefit or even detrimental?

BlackPanda

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of course the effect of price increases bitcoin can make me think twice to bet. because I know the more money I bet on.
I can not believe that bitcoin prices could reach as it is today. This is like a dream in daylight.

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