How to make profit from a dice game? Have any unique strategy? - page 3.

Saint-loup

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Quote from: Betwrong on May 18, 2019, 02:38:09 AM

Quote from: pinoycash on May 15, 2019, 07:27:36 PM

~
Knowing when to stop work well with martigale strategy. But Looks like greed is in our DNA and sometimes the more we win the more we bet. In the end we just lost everything.

There should be some counseling or thread how to cure greed in our blood Cheesy

There's a lot of such counselling in many threads here. The main idea is to realize that it's greed, in the first place, is what makes them bet more and more until they lose everything. Some people wrongly assume that it's math. And they are applying that "math" in the following manner. If they are betting with 90% win chance or greater, they think: "Each bet is individual and it doesn't depend of previous outcomes. So, it doesn't matter how many times I won previously, my next bet has 90%(or more) to be a winning one!" But when they are playing with 10% win chance, they think: "I can't lose more than 100 times in a row, that's impossible. 20-30 times is okay, but definitely not 100 and more. If I already lost 50 times in row, I will definitely win with the next 20 bets.", forgetting that yesterday, or even earlier today, they were applying a different approach, which contradicts their current one. That's what greed is making out of people. They are ready to create a "math" of their own, only to justify their inability to stop.

In short, you can have fun with martingale, or with any other strategy, but your win, even though it is very likely within a certain (read "small") amount of bets, is never actually guaranteed.

I agree with you but what are the right maths then?
For a dice game with 50% chance of win and 50% chance of loss,
What is the probability to win if you bet always on the same number/side/colour :

After 1 loss?
After 2 consecutive losses?
After 3 consecutive losses?

After 1 win?
After 2 consecutive wins?
After 3 consecutive wins?

Does anyone know the answer please?

Fredomago

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Quote from: sportbettor on May 14, 2019, 12:01:37 AM

A List of the most popular betting strategies see here: http://sportstatist.com/category/betting-strategies/

That a very interesting list of strategies you got there, for some time I have been thinking about using the Fibonacci Strategy in practice on football gambling, the idea about using it on draws games are very interesting.

You can start when you are fully convinced that the system will be able to give you something good in returned, practice will give you a good glimpse on what will be the future success brings you, you just need to be more focus as we knew that gambling always accompanied by big risk behind so be wise in every decision making that you'll going to acquired.

Cosbycoin

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Quote from: Janation on May 18, 2019, 05:37:03 AM

Quote from: libert19 on May 16, 2019, 09:07:06 PM

Here is a thing, it's called gambling for a reason, I have tried hard to make regular profits with multiple strategies but it's doesn't work that way. I'd suggest you to stay away from it for peace of mind or play with funds that you think you already lost.

That is right.

I do gamble but I don't take it seriously. I gamble but I know my limits and I don't really hope I win, I do hope but, you know, there is like someone talking to me inside of me saying that it will not be a good thing if that hope continues. I usually bet on some games especially this NBA final are coming. Better make a limitation if you can in these games, it is pure luck and it will not make you rich.

That is right, games such as dice are fully based on your luck and you will only win if you are lucky enough. In many games some gamblers win it as they are lucky but some lose that reflects that the ratio of win and lose in a specific game is the same especially in luck-based games. You efforts will work out much only in games like poker and others in which you can win by applying your tricks and strategies.

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Quote from: emberbekas on May 16, 2019, 04:16:11 PM

Quote from: shoreno on May 16, 2019, 02:01:27 AM

Quote from: uneng on May 15, 2019, 09:54:21 PM

Not possible to make profit from dice game in a daily basis because the house edge.

Its not about the house edge i think because you can still adjust it higher so that you can increase your chances of winning . it is possible to make daily profits that way but greed is your biggest enemy , greed can turn the tides

For dice games my only strategy is martingale since this is the most popular strategy for every kind of dice game . i also use this strategy on hi/lo game but i think martingale method can also be use on any kinds of gambling .

To gain profit in daily basis through gambling means we will play the game over and over again. This habit for sure will bring us to the bad situation where we can't handle it anymore. Gambling with any strategies could give us profit at some points, but if we never satisfied and intend to do it regularly, we could end up badly. Winning in gambling can be temporarily if we are too greedy, while loss will be hard to be chased since it needs another good amount of money from our own wallet to try to get it back.

If you want to win in gambling, then we should play it with a proper plan. If we make up our mind that we need to make daily profit, it will put extra burden and tension on us and we may end up losing. I think gambling should be played without any daily targets.

Janation

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Quote from: libert19 on May 16, 2019, 09:07:06 PM

Here is a thing, it's called gambling for a reason, I have tried hard to make regular profits with multiple strategies but it's doesn't work that way. I'd suggest you to stay away from it for peace of mind or play with funds that you think you already lost.

That is right.

I do gamble but I don't take it seriously. I gamble but I know my limits and I don't really hope I win, I do hope but, you know, there is like someone talking to me inside of me saying that it will not be a good thing if that hope continues. I usually bet on some games especially this NBA final are coming. Better make a limitation if you can in these games, it is pure luck and it will not make you rich.

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Quote from: imstillthebest on May 17, 2019, 01:17:03 AM

Quote from: maydna on May 17, 2019, 12:48:40 AM

....

Chasing your loss is a sure fire way to make you loss more evenly and whats the worst thing that could happen to you is that you can get bankrupt in the long run . Its better if we will refrain from having this kind of mindset and its better if we will only play gamble for fun and not for the sake of earning a cash .

@op they say strategies dont work on a gambling game and i believe on it because i think gambling is a pure random game . I tried several methods and strategy but the outcome is still the same .

That is why I always suggest to my friends that they should accept their lose on that day and quit gambling as soon as possible. There is no need to chasing the lose, especially if they already lose in more than 5-10 times because they only risk more money. There will be another day for them to get winning from gambling, and they can come back to the gambling places and play another game.

Yes, having in the gambling game will always a good decision as we don't have to play all day long and we can limit our money so we can prevent a big loss. We can control ourselves from addicted too.

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Quote from: shoreno on May 16, 2019, 02:01:27 AM

Quote from: uneng on May 15, 2019, 09:54:21 PM

Not possible to make profit from dice game in a daily basis because the house edge.

Its not about the house edge i think because you can still adjust it higher so that you can increase your chances of winning . it is possible to make daily profits that way but greed is your biggest enemy , greed can turn the tides

For dice games my only strategy is martingale since this is the most popular strategy for every kind of dice game . i also use this strategy on hi/lo game but i think martingale method can also be use on any kinds of gambling .

Greed is not a bad thing if you try to think like an economist. It is bad when you do not have the data and in gambling (dice of poker), you do not get to use the data and base your timings of gambling on your calculations. This is something that makes gambling a bit risky in general and Dice in particular. Yes it is not bad to make small profits and if you keep on making these small profits, with the passage of time, you will get over the loop holes of Dice and would be able to make more money.

guoyu78

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Quote from: sujonali1819 on March 29, 2019, 09:06:59 AM

Hello everybody!! I am in crypto from 2016. But I have not much experience about gamble. You can called me as a bigginer in gamble. Mainly I want to know about dice game first. I have visited and registered some gamble site and trying to play dice game with bonus amount. But I did not succeed yet.
So I want to know how you guys can make profit from dice game? Have any unique strategy for dice game?

I don't know if there is really an answer to this your question. I think playing a dice online is the same thing as playing it offline. These sites have a live dealer who will always throw the dice and then call out the numbers and, that means it is still all about luck. Maybe you should try to play games that are more of skills than luck, that way you will sure of winning as long as you have the skills to play. Or you can check out this tips and tricks on dice on the the Bitcasino blog here with this link, toy might be able to grab some useful tips that can help in your dice game

Betwrong

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Quote from: pinoycash on May 15, 2019, 07:27:36 PM

~
Knowing when to stop work well with martigale strategy. But Looks like greed is in our DNA and sometimes the more we win the more we bet. In the end we just lost everything.

There should be some counseling or thread how to cure greed in our blood Cheesy

There's a lot of such counselling in many threads here. The main idea is to realize that it's greed, in the first place, is what makes them bet more and more until they lose everything. Some people wrongly assume that it's math. And they are applying that "math" in the following manner. If they are betting with 90% win chance or greater, they think: "Each bet is individual and it doesn't depend of previous outcomes. So, it doesn't matter how many times I won previously, my next bet has 90%(or more) to be a winning one!" But when they are playing with 10% win chance, they think: "I can't lose more than 100 times in a row, that's impossible. 20-30 times is okay, but definitely not 100 and more. If I already lost 50 times in row, I will definitely win with the next 20 bets.", forgetting that yesterday, or even earlier today, they were applying a different approach, which contradicts their current one. That's what greed is making out of people. They are ready to create a "math" of their own, only to justify their inability to stop.

In short, you can have fun with martingale, or with any other strategy, but your win, even though it is very likely within a certain (read "small") amount of bets, is never actually guaranteed.

Bitinity

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Quote from: okala on May 17, 2019, 04:05:16 AM

Every working strategy is subject to modifications to suit your own requirements to make it work, that is why most people think that dice winning strategy don't work because the never modify it. There is no automatic strategy in dice and at that you have to research and apply them according to your dice wager options for it to work.

Modification of your strategy? No matter how you modify the strategy, you wont be able to have winning strategy that does work. Strategy works when you are lucky only, most of the time you will end with bust no matter how great you modify it. Don't even think there is working strategy especially for long time, you cant beat the house with strategies. You can only beat the house with your luck, no matter what is your strategy or probably you are just betting randomly then you'll win if you are lucky.

okala

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Every working strategy is subject to modifications to suit your own requirements to make it work, that is why most people think that dice winning strategy don't work because the never modify it. There is no automatic strategy in dice and at that you have to research and apply them according to your dice wager options for it to work.

imstillthebest

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Quote from: maydna on May 17, 2019, 12:48:40 AM

....

Chasing your loss is a sure fire way to make you loss more evenly and whats the worst thing that could happen to you is that you can get bankrupt in the long run . Its better if we will refrain from having this kind of mindset and its better if we will only play gamble for fun and not for the sake of earning a cash .

@op they say strategies dont work on a gambling game and i believe on it because i think gambling is a pure random game . I tried several methods and strategy but the outcome is still the same .

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Quote from: AjithBtc on May 15, 2019, 12:11:37 AM

With dice there is no strategy to be followed to profit. From my learning it is all about luck, another thing more the funds risked, more will be the profiting in a single roll if lucky. If you're with plans of earning little there is possible ways to risk big amount with increased winning probabilities. Here also risk is big to loss big and mostly happens with the unlucky.

About dice my opinion has also been in opposition only if you want to make some money in gambling. You won’t resist in losing dice game due to the luck factor which is fully involved in it. But the strategic games such as poker have always been my suggestions to gamblers because they can win only if they play strategically. In dice game you have to rely on your luck only because strategies are not involved.

maydna

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Quote from: libert19 on May 16, 2019, 09:07:06 PM

Here is a thing, it's called gambling for a reason, I have tried hard to make regular profits with multiple strategies but it's doesn't work that way. I'd suggest you to stay away from it for peace of mind or play with funds that you think you already lost.

It is hard to play gambling and chase the profit because gambling is a game in which we are difficult to win. No matter how good our strategy, how big our budget to gamble, we cannot get the big win. But if we can accept a small winning, then I guess that we can get it. But you cannot expect to double your small profit by playing in many times.

But perhaps, you can take a profit from dice with that small winning and then you should quit as soon as possible, and you can come back in the other days. I think by doing that, you can be able to get winning in a small amount. But that is not guaranteed for you to always winning even for a small amount.

libert19

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Here is a thing, it's called gambling for a reason, I have tried hard to make regular profits with multiple strategies but it's doesn't work that way. I'd suggest you to stay away from it for peace of mind or play with funds that you think you already lost.

pixie85

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The only way to do it is to get lucky and then fight the urge to continue. You put a nice big sum on the line and win or lose you walk away. That's the mindset that will make you a rich dicer or it will make you poor and teach you a painful lesson but at least you'll know it right away.

The worst thing you can do is win and keep coming back thinking you're special or lose and do the same to win back the money.

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Quote from: emberbekas on May 16, 2019, 04:16:11 PM

To gain profit in daily basis through gambling means we will play the game over and over again. This habit for sure will bring us to the bad situation where we can't handle it anymore. Gambling with any strategies could give us profit at some points, but if we never satisfied and intend to do it regularly, we could end up badly. Winning in gambling can be temporarily if we are too greedy, while loss will be hard to be chased since it needs another good amount of money from our own wallet to try to get it back.

Playing the game over and over will cost you more money to play and the money you will lose will get bigger and bigger but you may have get the money you have lose if you hit the jackpot but if not then you don't have profit from playing because of the money you lose.

emberbekas

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Quote from: shoreno on May 16, 2019, 02:01:27 AM

Quote from: uneng on May 15, 2019, 09:54:21 PM

Not possible to make profit from dice game in a daily basis because the house edge.

Its not about the house edge i think because you can still adjust it higher so that you can increase your chances of winning . it is possible to make daily profits that way but greed is your biggest enemy , greed can turn the tides

For dice games my only strategy is martingale since this is the most popular strategy for every kind of dice game . i also use this strategy on hi/lo game but i think martingale method can also be use on any kinds of gambling .

To gain profit in daily basis through gambling means we will play the game over and over again. This habit for sure will bring us to the bad situation where we can't handle it anymore. Gambling with any strategies could give us profit at some points, but if we never satisfied and intend to do it regularly, we could end up badly. Winning in gambling can be temporarily if we are too greedy, while loss will be hard to be chased since it needs another good amount of money from our own wallet to try to get it back.

uneng

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Quote from: shoreno on May 16, 2019, 02:01:27 AM

Quote from: uneng on May 15, 2019, 09:54:21 PM

Not possible to make profit from dice game in a daily basis because the house edge.

Its not about the house edge i think because you can still adjust it higher so that you can increase your chances of winning . it is possible to make daily profits that way but greed is your biggest enemy , greed can turn the tides

For dice games my only strategy is martingale since this is the most popular strategy for every kind of dice game . i also use this strategy on hi/lo game but i think martingale method can also be use on any kinds of gambling .

You can adjust, but there will be always a little advantage for the casino. Like playing with 50% winning chance for example: the reward won't be x2, but a little less. And if you play with reward x2, the winning chance won't be 50%, but 48%-49,5% maybe.
The proportion between winning chance and reward will ever work in way the casino wins on long run. You can adjust it higher, but the proportion never changes. The casino always have a little advantage: it can be over 10%, 50%, 90% winning chance.

Whosdaddy

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Quote from: AjithBtc on May 15, 2019, 12:11:37 AM

With dice there is no strategy to be followed to profit. From my learning it is all about luck, another thing more the funds risked, more will be the profiting in a single roll if lucky. If you're with plans of earning little there is possible ways to risk big amount with increased winning probabilities. Here also risk is big to loss big and mostly happens with the unlucky.

Thank you for this wonderful point, each time I mention to people that dice game is all about luck, most of them would feel like I am not been realistic. There’s no point going after a strategy that is of no effect, something that looks like it worked and at the end turns out to be wrong.

My method of playing dice is mostly by guessing, it sometimes look like am out of my mind when I do this, but there are a couple of times it turns out good for me. And even when it doesn’t, I am always glad that I had a great time with my game because the game is always interesting for me and this what gambling means to me.

Topic: How to make profit from a dice game? Have any unique strategy? - page 3. (Read 14716 times)