I wanna tell you what worked for me and what not. That's what I learned through my experience, so my opinion about it all.
When should I start betting?If you start betting with your first few satoshis it isn't going to be worth at all. You will risk everything you already got in order to get something about 70 satoshis.
I highly recomend you to start betting with your first 5k satoshis!
How many should I bet?I think it's safe to bet until you get a profit of 5% of your actual balance, it's too few profit, but you'll not risk too much and get a little everyday.
But you want to do it only
ONE TIME A DAY! Don't think "oh, I'm getting btc so easily, lets do it again". Because if you do it a lot of times, you
WILL LOSE.
How to bet safely?Remember, the more you have more safely you gonna get. But again, don't be greedy. You wanna do it? ok, so do it right!
I created a excel spreadsheet that guides me on my daily bets, it show you if the configuration I'm going is worth or not. Here's the table and I'll explain a few things.
https://imageshack.com/i/pl68SSaTpThe red cells in where you can edit. There's your balance, the raize on your bet (1,5 is 50%, 2 is 100% and so on), the ODD and the inicial bet.
When you fill all these boxes the table will calculate what's going to happen to your bets, how many bets it will take until you run out of btc and whats the chances it will happen, how many safe bets you can do. If it says 400 for instance, it means: every 100 guys who went the config you put, 1 reach the last bet and can't bet anymore, or, he lost everything.
Ok, you can get the .xlsx spreadsheet here:
https://mega.nz/#!Pxo0kTTJ!Do2qBHk9gpwz4fWOJcmjn4nU1w_WedSOdgEbmXYajckSo, if you bet with your first 5k, I suggest you ODD 3 and multiplier 51%, do it until you get 250 and stop. And wait, if you see you're getting closer to the "safe bets" stop it in the first win!!
When should I stop?You're done when you already reach your daily 5%, do this and get your FREE BTC every day and will get a good start.
----------------
I hope it help the new members of the bitcoin comunity, if anyone have anything to says, any suggestions, feel free to comment.
I think for me the most useful tip that I can impart is that you would have to bet only the amount that you are willing to lose. You can only bet higher if you have a high percent chance of winning a lot or if you know that somehow you can win.