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Topic: How to make sure you don't lose money - page 6. (Read 4730 times)

hero member
Activity: 1302
Merit: 540
July 17, 2017, 06:38:48 AM
In the gambling game we will find it hard not to lose money. Because all the results are greatly influenced by luck. So we can not be sure when we are lucky and unlucky. Everything went very fast without being predictable.
Yes, on gambling games are everything depend on our lucky, there are no way to analisys when we will be lucky day and bad day for playing gambling, we can not make sure to never lose money, we can makes sure will fun and happy play gambling games even we will lose the money in gambling games. Cheesy
so there's no such way that we can avoid losing money since its not everyday that we have a lucky one, but if you really looking for some way the other option is not to deposit any money but use affiliate and faucets earnings that's also another way not losing anything and enjoy.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
July 17, 2017, 04:46:16 AM
In the gambling game we will find it hard not to lose money. Because all the results are greatly influenced by luck. So we can not be sure when we are lucky and unlucky. Everything went very fast without being predictable.
Yes, on gambling games are everything depend on our lucky, there are no way to analisys when we will be lucky day and bad day for playing gambling, we can not make sure to never lose money, we can makes sure will fun and happy play gambling games even we will lose the money in gambling games. Cheesy
It would always depend on our luck whether you feel lucky or actually lucky, nothing can determine that and I think you could really improve the chances of winning when you apply strategies but it doesn't assure but at least the feeling that you did something, that's the best because it's the effort that count and you shouldn't blame yourself that you lose money (if you lose)
hero member
Activity: 518
Merit: 500
July 16, 2017, 02:48:15 AM
In the gambling game we will find it hard not to lose money. Because all the results are greatly influenced by luck. So we can not be sure when we are lucky and unlucky. Everything went very fast without being predictable.
Yes, on gambling games are everything depend on our lucky, there are no way to analisys when we will be lucky day and bad day for playing gambling, we can not make sure to never lose money, we can makes sure will fun and happy play gambling games even we will lose the money in gambling games. Cheesy
hero member
Activity: 840
Merit: 501
July 16, 2017, 01:54:21 AM
I'm about to launch a "gambling" website soon which will not take any fees at all and will only live off ads/donations (not sure how well it will go, but we'll see). So the chances to double your money would actually be 50%, not a bit lower. I already have implemented a coin flip mode, where one player creates a new coin flip game and the other joins it, but I also want to create a mode which does not require a second user. For example slots or roulette, since you can play it alone and don't need to wait for a second player. One of the main reasons I want that kind of mode is that because most likely at first the website will not be frequently visited and I don't want users waiting minutes (or even hours) just to play a single game.

And I could make a mode that you could play alone, but what if someone keeps winning and winning? The money the player wins won't come from someone else, but from me. And I don't want to risk losing everything myselfmyself and then not have enough money to give out.

Anyways, I need an idea for a gamemode that a player could play by himself (WITHOUT a house advantage) without there being any other users on the website, while I wouldn't have to risk losing big money myself, because some user got lucky.

I think this is impossible, but perhaps there is some way, I've been thinking of something like "out of every $10 played, $5 will be lost", but I believe it could be abused and what if someone bets a huge amount once and wins?


So, any ideas?

I dont see anyway, if you creating gambling site then you need to prepare some money to lose, if you dont want to lose any money then the only way is to create pvp game and then you charge winning fee, that way you wont lose anything, but from your statement you dont want player to wait, somehow I dont see any solution, and creating sites relying on ads and donation wont work at all, the income is too little to cover ypur expenses
legendary
Activity: 1162
Merit: 1000
July 16, 2017, 01:52:14 AM
In the gambling game we will find it hard not to lose money. Because all the results are greatly influenced by luck. So we can not be sure when we are lucky and unlucky. Everything went very fast without being predictable.
hero member
Activity: 2632
Merit: 833
July 16, 2017, 01:30:52 AM
when you know to stop
when you know to withdraw your money

make sure you cant lose your money Wink

Easier said than done. When you are winning, its hard to stop and you don't know when to withdraw your money. Gambling really suck people whether winning or losing to bet your money it in. So if you are already matured enough in gambling, stop when you are on top. Don't wait till the casino suck all your winnings.
sr. member
Activity: 1316
Merit: 254
United Crowd
July 16, 2017, 12:37:17 AM
when you know to stop
when you know to withdraw your money

make sure you cant lose your money Wink
legendary
Activity: 2674
Merit: 1048
July 15, 2017, 11:55:39 PM
I think in gambling there is no assurance that we will not going to lose money. If we really don't want to lose money then stop playing gambling. But of course it is a hard decision for those who are already addictive. But in my own opinion, there is no assurance that we will not lose money in terms of gambling.

It is a thought for you who do not gamble,., but for us gamblers to play with caution,, that is the best way for us to minimize losses. It looks like you are not a gambler..
Even gambler or not it is given that we can lose money in playing. There is really no assurance that we cant lose money. In gambling it is best if your lucky that  your always winning in the game. Only the owner who got rich here.

That's why we see so many online gambling sites nowadays. They know that if anyone gambles on a site for a long time then they will be the winner for sure. To keep gamblers online they will come up with many attractive promotions like wagering requirements to get a bonus because they know most of the gamblers will lose their bankroll before reaching those requirements.

some online gambling sites will allow us to win sometimes but not for always, the house will win more often when we play regularly that's what it always goes so betyer olan ahead of playing
it will always looks like the casino have a fair system in making money through other player losses , and you guys will always feel cheated. that is actually how gambling industry works , accept that fact . you will hard to survive to keep your profit in your hand.

as in the long run , casino required more player to not sucks your money.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
July 15, 2017, 11:17:02 PM
I will tell how to make sure that you will never lose your money on gambling the best you can do are didn't gamble for you to safe your money.  That is best one stay away from gambling. But if you will be on gambling i a sure you that you will experience how to lose.
Not to gamble is the best option to have an assured way of not losing money. The reason is that majority of the people who haven't lost big through gambling are the one who patiently learned about the different ways to stay active without losing big. This is possible only through long study or research, now if calculated the person with winning will be almost 20% whereas losing is found around 20%
hero member
Activity: 924
Merit: 505
July 15, 2017, 11:09:31 PM
I will tell how to make sure that you will never lose your money on gambling the best you can do are didn't gamble for you to safe your money.  That is best one stay away from gambling. But if you will be on gambling i a sure you that you will experience how to lose.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
July 15, 2017, 11:03:39 PM
I think in gambling there is no assurance that we will not going to lose money. If we really don't want to lose money then stop playing gambling. But of course it is a hard decision for those who are already addictive. But in my own opinion, there is no assurance that we will not lose money in terms of gambling.

It is a thought for you who do not gamble,., but for us gamblers to play with caution,, that is the best way for us to minimize losses. It looks like you are not a gambler..
Even gambler or not it is given that we can lose money in playing. There is really no assurance that we cant lose money. In gambling it is best if your lucky that  your always winning in the game. Only the owner who got rich here.

That's why we see so many online gambling sites nowadays. They know that if anyone gambles on a site for a long time then they will be the winner for sure. To keep gamblers online they will come up with many attractive promotions like wagering requirements to get a bonus because they know most of the gamblers will lose their bankroll before reaching those requirements.

some online gambling sites will allow us to win sometimes but not for always, the house will win more often when we play regularly that's what it always goes so betyer olan ahead of playing

Maybe your been lucky for the time you've won on those you had been playing with but there are other site make there bettors win on their first bet so that they will be appealled to bet more or become addicted and chased those losses when it occured. So to avoid losing maybe we should set our limitation and follow it nicely so that losing will not hurt us so much.
hero member
Activity: 2954
Merit: 796
July 15, 2017, 10:17:53 PM
I think in gambling there is no assurance that we will not going to lose money. If we really don't want to lose money then stop playing gambling. But of course it is a hard decision for those who are already addictive. But in my own opinion, there is no assurance that we will not lose money in terms of gambling.

It is a thought for you who do not gamble,., but for us gamblers to play with caution,, that is the best way for us to minimize losses. It looks like you are not a gambler..
Even gambler or not it is given that we can lose money in playing. There is really no assurance that we cant lose money. In gambling it is best if your lucky that  your always winning in the game. Only the owner who got rich here.

That's why we see so many online gambling sites nowadays. They know that if anyone gambles on a site for a long time then they will be the winner for sure. To keep gamblers online they will come up with many attractive promotions like wagering requirements to get a bonus because they know most of the gamblers will lose their bankroll before reaching those requirements.

some online gambling sites will allow us to win sometimes but not for always, the house will win more often when we play regularly that's what it always goes so betyer olan ahead of playing
legendary
Activity: 1456
Merit: 1023
July 15, 2017, 07:55:46 PM
I think in gambling there is no assurance that we will not going to lose money. If we really don't want to lose money then stop playing gambling. But of course it is a hard decision for those who are already addictive. But in my own opinion, there is no assurance that we will not lose money in terms of gambling.

It is a thought for you who do not gamble,., but for us gamblers to play with caution,, that is the best way for us to minimize losses. It looks like you are not a gambler..
Even gambler or not it is given that we can lose money in playing. There is really no assurance that we cant lose money. In gambling it is best if your lucky that  your always winning in the game. Only the owner who got rich here.

That's why we see so many online gambling sites nowadays. They know that if anyone gambles on a site for a long time then they will be the winner for sure. To keep gamblers online they will come up with many attractive promotions like wagering requirements to get a bonus because they know most of the gamblers will lose their bankroll before reaching those requirements.
legendary
Activity: 3024
Merit: 2148
July 15, 2017, 07:38:48 PM
I'm about to launch a "gambling" website soon which will not take any fees at all and will only live off ads/donations (not sure how well it will go, but we'll see). So the chances to double your money would actually be 50%, not a bit lower. I already have implemented a coin flip mode, where one player creates a new coin flip game and the other joins it, but I also want to create a mode which does not require a second user. For example slots or roulette, since you can play it alone and don't need to wait for a second player. One of the main reasons I want that kind of mode is that because most likely at first the website will not be frequently visited and I don't want users waiting minutes (or even hours) just to play a single game.

And I could make a mode that you could play alone, but what if someone keeps winning and winning? The money the player wins won't come from someone else, but from me. And I don't want to risk losing everything myselfmyself and then not have enough money to give out.

Anyways, I need an idea for a gamemode that a player could play by himself (WITHOUT a house advantage) without there being any other users on the website, while I wouldn't have to risk losing big money myself, because some user got lucky.

I think this is impossible, but perhaps there is some way, I've been thinking of something like "out of every $10 played, $5 will be lost", but I believe it could be abused and what if someone bets a huge amount once and wins?


So, any ideas?

This is a very interesting idea, and since you seem to have some coding skills, I think you should run a simulation to test whether your model is sustainable or not. Your simulation should cover a scenario with X amount of players each having an Y bankroll playing against the house with Z bankroll, and see what are the probabilities after some huge amount of iterations. You can also try to improve the situation for yourself by installing max bet limit, which should be around 1% of your bankroll, to prevent whales from ruining you with a few lucky big bets.
sr. member
Activity: 1148
Merit: 251
July 15, 2017, 07:10:49 PM
I think in gambling there is no assurance that we will not going to lose money. If we really don't want to lose money then stop playing gambling. But of course it is a hard decision for those who are already addictive. But in my own opinion, there is no assurance that we will not lose money in terms of gambling.

It is a thought for you who do not gamble,., but for us gamblers to play with caution,, that is the best way for us to minimize losses. It looks like you are not a gambler..
Even gambler or not it is given that we can lose money in playing. There is really no assurance that we cant lose money. In gambling it is best if your lucky that  your always winning in the game. Only the owner who got rich here.
sr. member
Activity: 378
Merit: 250
July 15, 2017, 06:48:31 PM
I think in gambling there is no assurance that we will not going to lose money. If we really don't want to lose money then stop playing gambling. But of course it is a hard decision for those who are already addictive. But in my own opinion, there is no assurance that we will not lose money in terms of gambling.
In gambling, you have to expect the unexpected. You might earn a lot of money and lose a lot of money. There is really no guarantee but you have to limit yourself when it comes to gambling or just stop for a while when you already have enough profit.

Limiting yourself is only way to be sure and not lose all the money you have. That would be the basic bankroll management and you can find many articles, videos, books, interviews with professional gamblers that talks about how they manage their bankroll.
You need to know how much you have, then you need to split that amount on how many bets you wish to make, I don't wish to confuse you, bankroll management is difrent for each type of gambling, casino games are one type, then table card games like blackjack and Caribbean poker others, poker is hardest because in poker you play against other people, and that can be very unpredictable.
The best is to choose the game you like and then to read and learn how to manage you bankroll for specific game you like.

well losing is part of gambling, the only thing we can do is maximize the winnings and minimize the loses, limiting and being responsible can make those things possible. Losing may happen but we should learn from find ges that suits your interest for atleast you can felt the thrill and happiness.
in fact in gambling no one can give surety that they will not lose money in gambling. i am sure that everyone who is playing gambling for making money they must lose have face some lost , because in most of gambling games we are depending on your luck and  no one can lucky for every time.
hero member
Activity: 966
Merit: 501
July 15, 2017, 06:12:52 PM
I think in gambling there is no assurance that we will not going to lose money. If we really don't want to lose money then stop playing gambling. But of course it is a hard decision for those who are already addictive. But in my own opinion, there is no assurance that we will not lose money in terms of gambling.

It is a thought for you who do not gamble,., but for us gamblers to play with caution,, that is the best way for us to minimize losses. It looks like you are not a gambler..
MMA
legendary
Activity: 1134
Merit: 1000
July 15, 2017, 06:02:47 PM
Don't go for a big reward as more lesser the chance there is more risks involved you can instead go with more chance as there is a chance of risking your whole bankroll but the losing chance is less as long as you keep yourself under control and not get greedy. Go for the 70-90% strategy and double with every loss to cover up the loss
You don't understand how percentages work. It doesn't matter if you put 50% of your money on a 50% return or 20% on a 20% return. The only thing you're doing is splitting the bet into smaller parts, but the total chance of winning x amount of money is still the same. If you take x and bet it all to win 2x it's exactly the same thing as betting 1/2x to win 1x. You just feel like it's safer for you because you're betting small, but in the big picture you'll have to bet small 4 times or more to have the same result and winning 4 times in a row is unlikely.
risk is always there either you are decreasing or increasing your bet. it is depending on the total number of bet you have made in a single day, if you have make more bets as total in a single day so the risk is still the big one according to your investment. and if you have put a small bet then your risk as a whole is also small.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
July 15, 2017, 03:56:21 PM
Don't go for a big reward as more lesser the chance there is more risks involved you can instead go with more chance as there is a chance of risking your whole bankroll but the losing chance is less as long as you keep yourself under control and not get greedy. Go for the 70-90% strategy and double with every loss to cover up the loss
You don't understand how percentages work. It doesn't matter if you put 50% of your money on a 50% return or 20% on a 20% return. The only thing you're doing is splitting the bet into smaller parts, but the total chance of winning x amount of money is still the same. If you take x and bet it all to win 2x it's exactly the same thing as betting 1/2x to win 1x. You just feel like it's safer for you because you're betting small, but in the big picture you'll have to bet small 4 times or more to have the same result and winning 4 times in a row is unlikely.
hero member
Activity: 672
Merit: 500
July 15, 2017, 02:44:46 PM
Don't go for a big reward as more lesser the chance there is more risks involved you can instead go with more chance as there is a chance of risking your whole bankroll but the losing chance is less as long as you keep yourself under control and not get greedy. Go for the 70-90% strategy and double with every loss to cover up the loss
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