Just-Dice.com user "Nakowa" wins over 500BTC!

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Cluster2k on September 23, 2013, 11:47:38 PM

Quote from: girlfawkesy on September 23, 2013, 11:08:16 PM

I cannot even imagine having that much money, much less to gamble with.

Considering a pizza was once sold for 10,000BTC, your perspective of 'that much money' may be completely different if you started mining in 2010. We don't know if Nakowa is playing with BTC that were acquired when each cost $1, or $100.

One thing is for sure. Gamblers rarely know when to quit and it's quite likely all those winnings and more will be returning to Just Dice in due course.

I recall somewhere that Nakowa was into bitcoin 2011, so early adopter.

Eternity

full member

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Wow great to hear someone making so much

herzmeister

legendary

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no, with a Martingale strategy or the like, you can be longer irrational but successful than the house may stay solvent. That's why casinos have limits.

Vlad2Vlad

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www.ixcoin.net

Quote from: herzmeister on September 24, 2013, 04:56:12 AM

if he has a lot of coins, more than just-dice.com for example, then yes he could beat the house

Having lots of coins or placing larger bets means absolutely nothing - it does not alter the preset odds in any gambling game of chance.

Like all games of chance, the odds are preset and are always stacked against you.

What this means is that the longer you play the higher the odds you will lose. Play long enough and the house will always win.

Mathematically this guy can't keep winning. If he does then he is cheating or this is nothing more than a publicity stunt which is obviously working really well.

herzmeister

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Activity: 1764

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if he has a lot of coins, more than just-dice.com for example, then yes he could beat the house

Vlad2Vlad

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www.ixcoin.net

Quote from: Cluster2k on September 24, 2013, 04:37:52 AM

Quote from: Professor James Moriarty on September 24, 2013, 02:18:59 AM

I don't care if he got 10.000 for just 1 penny , it worths a lot more now and thats what it counts.

So you spent a penny on something , that doesn't mean it worths a penny now? You are still playing with thousands of dollars , how much you paid for them doesnt change that fact , he might lose 300 thousand dollars with one bad swing , or he could buy a house for that kind of money , so thats the power of bitcoin right now , making people careless with their coins Cheesy

That is indeed the power of bitcoin. We can only speculate about the gambler's origins and what the money means to him or her, but betting 300btc in one go is betting more money than 99% of the world's population makes in a month. Unless Nakowa has found a way to exploit JD or Nakowa is a publicity stunt by JD, the player will lose their entire bankroll sooner or later. The player's history has all the hallmarks of an action junky who cannot resist just... one... more ... spin.

300 BTC is more money than 99% make in a month? Lol, 300 BTC is over $40,000. That's more than 99% make in an entire quarter and more than 5+ billion people make in an entire year.

This has scam written all over it. It's Just-Dice propaganda written all over it.

Cluster2k

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Activity: 1692

Merit: 1018

Quote from: Professor James Moriarty on September 24, 2013, 02:18:59 AM

I don't care if he got 10.000 for just 1 penny , it worths a lot more now and thats what it counts.

So you spent a penny on something , that doesn't mean it worths a penny now? You are still playing with thousands of dollars , how much you paid for them doesnt change that fact , he might lose 300 thousand dollars with one bad swing , or he could buy a house for that kind of money , so thats the power of bitcoin right now , making people careless with their coins Cheesy

That is indeed the power of bitcoin. We can only speculate about the gambler's origins and what the money means to him or her, but betting 300btc in one go is betting more money than 99% of the world's population makes in a month. Unless Nakowa has found a way to exploit JD or Nakowa is a publicity stunt by JD, the player will lose their entire bankroll sooner or later. The player's history has all the hallmarks of an action junky who cannot resist just... one... more ... spin.

Vlad2Vlad

legendary

Activity: 3052

Merit: 1534

www.ixcoin.net

Have any of you ever thought that this is nothing but propaganda by Just-Dice to reel in more gamblers and to get people to bet larger bets?

I mean, it's working, I have never visited a gambling site, yet here I am, reading about it now and tempted to bet a few BTC.

This has scheme written all over it. Russian or Chinese scheme. Cause this is exactly what I would do if I had such a site.

Professor James Moriarty

sr. member

Activity: 434

Merit: 250

I don't care if he got 10.000 for just 1 penny , it worths a lot more now and thats what it counts.

So you spent a penny on something , that doesn't mean it worths a penny now? You are still playing with thousands of dollars , how much you paid for them doesnt change that fact , he might lose 300 thousand dollars with one bad swing , or he could buy a house for that kind of money , so thats the power of bitcoin right now , making people careless with their coins Cheesy

mises

sr. member

Activity: 352

Merit: 250

this is fascinating. I imagine he's some kind of bored oil mogul who just decided to put a million bucks into btc and play around with all of the gambling sites.

Cluster2k

legendary

Activity: 1692

Merit: 1018

Quote from: girlfawkesy on September 23, 2013, 11:08:16 PM

I cannot even imagine having that much money, much less to gamble with.

Considering a pizza was once sold for 10,000BTC, your perspective of 'that much money' may be completely different if you started mining in 2010. We don't know if Nakowa is playing with BTC that were acquired when each cost $1, or $100.

One thing is for sure. Gamblers rarely know when to quit and it's quite likely all those winnings and more will be returning to Just Dice in due course.

girlfawkesy

newbie

Activity: 55

Merit: 0

I cannot even imagine having that much money, much less to gamble with.

Bitsandbits

newbie

Activity: 20

Merit: 0

haha wow, unreal..

monbux

legendary

Activity: 1736

Merit: 1029

Quote from: dooglus on September 23, 2013, 07:24:02 PM

Quote from: monbux on September 23, 2013, 05:40:30 PM

hm. This guy has it lucky, But the house always wins, in the very end. I'm pretty sure he'll lose it all sometime Tongue

Here's a chart showing the site's profits over time today while he was playing. This is his biggest hit on the site yet:

He lost almost 4000 BTC before winning it all back and almost 5000 BTC more.

He'll lose all of it eventually Tongue

dooglus

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Activity: 2940

Merit: 1333

Quote from: monbux on September 23, 2013, 05:40:30 PM

hm. This guy has it lucky, But the house always wins, in the very end. I'm pretty sure he'll lose it all sometime Tongue

Here's a chart showing the site's profits over time today while he was playing. This is his biggest hit on the site yet:

He lost almost 4000 BTC before winning it all back and almost 5000 BTC more.

monbux

legendary

Activity: 1736

Merit: 1029

Quote from: MRKLYE on September 19, 2013, 11:07:20 PM

Quote from: Varicon on September 19, 2013, 11:02:23 PM

Isn't this an alt of towtoad lol? "Interesting" to say the least.

It is indeed towtoad. He seems to have a horseshoe or something along those lines..

He was cranking off 200BTC bets like they were gravy on potatoes!

hm. This guy has it lucky, But the house always wins, in the very end. I'm pretty sure he'll lose it all sometime Tongue

Hura

sr. member

Activity: 490

Merit: 250

Today "cake" won over 5,000 btc

galbros

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Merit: 1000

Quote from: neutralist on September 23, 2013, 02:16:29 PM

http://www.dailydot.com/news/biggest-bitcoin-win-gambling-history-nakowa/

Up 11K BTC Grin

That was a good article thanks! As a JD "investor" it sucks to lose btc that I will have a hard time replacing, but it is amazing to watch the guy in action.

neutralist

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