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Topic: Loan for Dicebot (Read 4023 times)

full member
Activity: 196
Merit: 100
July 20, 2014, 04:49:56 AM
#87
You say you have money in the bank and plenty of cash, but you can't buy btc? why not? there are plenty of sellers on localbitcoins that will do in-person cash trades or will accept bank/bank wire transfers.
member
Activity: 112
Merit: 10
Whatever you do, take care of your shoes.
July 18, 2014, 12:19:10 PM
#86
Anything with a house edge will lose. Only way you will win in the long run is Sports Betting or Poker. Dont think a simple 2x with 100%increase on loss will make you any money. You will either bust, or make so little profit it won't be worth it. There are plenty of other systems that work way better than that for quick profits in the short run. If you want to make some money, learn and study baseball betting. Way better odds on winning. I gave up on dice besides the faucets, way too unpredictable. There are dozens of ways to easily make profits on baseball, even if you martingale.
sr. member
Activity: 252
Merit: 250
July 17, 2014, 09:24:23 PM
#85
Do you even run the calculations for how risky your bets are? When I botted I had a book filled with the % chance of busting for various martingale sequences. I made it so I never botted with more than a 0.0001% chance of losing, and did 600,000 bets without problem. I can tell your chances of losing are fairly steep based on what you're saying. 92% martingales aren't good at all.

49.5% martingale is the way to go, and you can increase your multiplier above 2X if you want to win more on a losing streak.

Patience is a virtue when botting, your initial bets shouldn't be more than 100 satoshis, probably more like 10 satoshis.

The dicebot has a losing and winning streak tracker for that reason, + the percent chance of missing the 92% is 8%, then it goes down from there, really fast...

What goes down from there pretty fast? The precentage of winning or loosing?
sr. member
Activity: 448
Merit: 250
I'm a Web Developer: HTML, CSS, PHP, JS.
July 17, 2014, 09:07:40 PM
#84
Do you even run the calculations for how risky your bets are? When I botted I had a book filled with the % chance of busting for various martingale sequences. I made it so I never botted with more than a 0.0001% chance of losing, and did 600,000 bets without problem. I can tell your chances of losing are fairly steep based on what you're saying. 92% martingales aren't good at all.

49.5% martingale is the way to go, and you can increase your multiplier above 2X if you want to win more on a losing streak.

Patience is a virtue when botting, your initial bets shouldn't be more than 100 satoshis, probably more like 10 satoshis.

The dicebot has a losing and winning streak tracker for that reason, + the percent chance of missing the 92% is 8%, then it goes down from there, really fast...
sr. member
Activity: 448
Merit: 250
I'm a Web Developer: HTML, CSS, PHP, JS.
July 17, 2014, 11:23:03 AM
#83
Just wanted to tell everyone of my personal experience that I had with my own bot...
I started with .2 btc today and managed to get up to 1 btc with my bot. It was really risky at times and I was surprised that I had gained that much.

However, using the bot also has it's downs and you need to know when to stop so that you can keep your earnings. I lost .9 btc not too long after having that high amount.

After that, I said to myself, "Well fuck it.", so i sent the remaining .1 btc to satoshimines.com to attempt to earn some money. That it'self was a ride, I did one mine setting, max bet each time and rode the corners all the way to 1 btc. Then I lost it, lost it all.

You can earn a lot using my bot, or you can lose it all. If you have some spare btc that you would like to invest in me, as a gamble. Then feel free to message me or post in the replies.
I'm not going to tell you that you WILL earn a lot, but I will tell you that there is a big chance that you will.
Sounds like you got way too aggressive with the bot. You were probably making bets 100X riskier than you should have, earnings with bots are supposed to be slow. What you're doing is no different than normal gambling.

It was in some way risky, but at the same time not really... I learned a lot from that experience, the main thing I learned was how I am going to bot from now on.

I am going to be botting from now on 50%+ instead of below (92% is what I'm going to be using from here on), I will start my basebet as low as it can be, my max loss streak will need to be>= 6+, and my multiplier will be as high as it can be while getting me that max loss streak (Above 20x).

The reasoning behind this is that I will not be earning a lot of money by what the win's that I roll are, I will be winning by how many losses I get before that win. This way the chances of me loosing are very slim and the winnings depend on the loss streaks.

When I was botting last night I used this strategy and I was gaining about .01 btc every 40sec or so... however, the way I had it setup was so my max loss streak was only 3. When I hit the streak of 4 I got fucked over, big time. NOTE: I was doing 100x multiplier on it, barely earned shit on a one loss streak, but on a three I'd earn .02 btc.
sed
hero member
Activity: 532
Merit: 500
July 17, 2014, 09:27:55 AM
#82
Just wanted to tell everyone of my personal experience that I had with my own bot...
I started with .2 btc today and managed to get up to 1 btc with my bot. It was really risky at times and I was surprised that I had gained that much.

However, using the bot also has it's downs and you need to know when to stop so that you can keep your earnings. I lost .9 btc not too long after having that high amount.

After that, I said to myself, "Well fuck it.", so i sent the remaining .1 btc to satoshimines.com to attempt to earn some money. That it'self was a ride, I did one mine setting, max bet each time and rode the corners all the way to 1 btc. Then I lost it, lost it all.

You can earn a lot using my bot, or you can lose it all. If you have some spare btc that you would like to invest in me, as a gamble. Then feel free to message me or post in the replies.
I'm not going to tell you that you WILL earn a lot, but I will tell you that there is a big chance that you will.

I appreciate your honesty here.  It lends you some credibility, IMHO.  .2 -> 1.0 -> 0 is a pretty good ride.  If you do it again, I guess you gotta start cashing out half your winnings every hour or something.  Then don't let yourself gamble with that.
member
Activity: 77
Merit: 10
July 17, 2014, 07:28:16 AM
#81
Stop chatting with yourself dude, is making you look bad
It is a little off-topic from OP, but I have no reason to believe that he is chatting with himself, otherwise you could say my reply to you is chatting with myself as you are not communicating interactively.... Roll Eyes
sr. member
Activity: 350
Merit: 250
July 17, 2014, 06:28:54 AM
#80
Stop chatting with yourself dude, is making you look bad
sr. member
Activity: 448
Merit: 250
I'm a Web Developer: HTML, CSS, PHP, JS.
July 17, 2014, 06:00:59 AM
#79
Just wanted to tell everyone of my personal experience that I had with my own bot...
I started with .2 btc today and managed to get up to 1 btc with my bot. It was really risky at times and I was surprised that I had gained that much.

However, using the bot also has it's downs and you need to know when to stop so that you can keep your earnings. I lost .9 btc not too long after having that high amount.

After that, I said to myself, "Well fuck it.", so i sent the remaining .1 btc to satoshimines.com to attempt to earn some money. That it'self was a ride, I did one mine setting, max bet each time and rode the corners all the way to 1 btc. Then I lost it, lost it all.

You can earn a lot using my bot, or you can lose it all. If you have some spare btc that you would like to invest in me, as a gamble. Then feel free to message me or post in the replies.
I'm not going to tell you that you WILL earn a lot, but I will tell you that there is a big chance that you will.
sr. member
Activity: 252
Merit: 250
July 14, 2014, 08:32:26 AM
#78
Fungal, how successful is your botting going?

Well I was silly for a bit and lost around 2k DOGE... but been more frugal over the last few days (close to a week) and have added a few hundred DOGE but clawing back up to nearly 900 DOGE now... got 9 bots on one PC running...

Also been playing with the BTC and lost 5k or so, but it did go up to well over 60k (satoshi) as I fiddled with the percentages to 40 or 45 depending on how I felt.

EDIT: Currently sitting with just over 870 DOGE and using a multiplier of 2.067 for a loss streak survival of 21 and auto incrementing (stopping after a while and upping the multiplier slightly, and dropping the bid).

Actually that would be a nice idea, instead of auto increasing the bid, increase the multiplier, as the multiplier makes a big difference with long loss streaks...

My settings have never lost me jack, always stay over 20 minimum loss streak!

member
Activity: 77
Merit: 10
July 14, 2014, 08:05:27 AM
#77
Fungal, how successful is your botting going?

Well I was silly for a bit and lost around 2k DOGE... but been more frugal over the last few days (close to a week) and have added a few hundred DOGE but clawing back up to nearly 900 DOGE now... got 9 bots on one PC running...

Also been playing with the BTC and lost 5k or so, but it did go up to well over 60k (satoshi) as I fiddled with the percentages to 40 or 45 depending on how I felt.

EDIT: Currently sitting with just over 870 DOGE and using a multiplier of 2.067 for a loss streak survival of 21 and auto incrementing (stopping after a while and upping the multiplier slightly, and dropping the bid).

Actually that would be a nice idea, instead of auto increasing the bid, increase the multiplier, as the multiplier makes a big difference with long loss streaks...
sr. member
Activity: 252
Merit: 250
July 14, 2014, 02:38:55 AM
#76
Fungal, how successful is your botting going?
member
Activity: 77
Merit: 10
July 14, 2014, 02:35:45 AM
#75
Didn't michaeledair say his bot was open-source?  If that's actually true I suppose that anyone who wants to can download the bot and see its math.

michaeledair, it's pretty obvious to anyone here who has any respect for their money that throwing it at your bot is not a wise thing to do.  you're not even willing to do it yourself, but you're trying to talk others into taking the risk that you're not willing to take.

basically, if you really thing your bot is a genius and can't lose, go ahead and prove it by using it yourself.  you say you don't have any starting capital but didn't you offer someone 20doge?  I don't know what that's worth these days but surely you can trade it for BTC.  Secondarily, if you can write code (you wrote a bot, right?) you can write code for a bounty campaign and make a little btc.  I recently did some css work that I found on this forum for .25BTC.  Thirdly, if you realy can't do any of that, you can put an ad in your signature space.  Eventually I believe you can get your capital and prove all of us wrong with your gambling bot using your own money.  Well, at least I believe you can get some money to try to prove us wrong.

Good luck!
It's open source... I code html, css, and java and I'm learning some more languages. Where did you find a css job for .25 btc (what forum section)Huh Also, I'm willing to throw my money at my own bot the fact of the matter is, I have no way of buying btc myself. I got tons of money in my wallet and bank but I can't just throw that at the computer.


Just keep an eye on the "Services" and "Project Development" boards.  If you can code, there's always work there to be done. Then you can put the risk yourself.  I don't think anyone is going to believe you and give you a loan to use your magic betting bot for them. I think they will either use it themself, or not.  But loaning you money to go gambling is something that very few people in the world have the priviledge to do (gamble with someone else's backing).  And I think those people are always card players, not dice throwing robots.

Or stock brokers...  Cheesy
sr. member
Activity: 252
Merit: 250
July 14, 2014, 02:10:42 AM
#74


Opened at 01:30

Time now = 08:09

Time taken = 6 hours @ 38 mins.

Looks like estimate is accurate!
sed
hero member
Activity: 532
Merit: 500
July 14, 2014, 12:37:14 AM
#73
Didn't michaeledair say his bot was open-source?  If that's actually true I suppose that anyone who wants to can download the bot and see its math.

michaeledair, it's pretty obvious to anyone here who has any respect for their money that throwing it at your bot is not a wise thing to do.  you're not even willing to do it yourself, but you're trying to talk others into taking the risk that you're not willing to take.

basically, if you really thing your bot is a genius and can't lose, go ahead and prove it by using it yourself.  you say you don't have any starting capital but didn't you offer someone 20doge?  I don't know what that's worth these days but surely you can trade it for BTC.  Secondarily, if you can write code (you wrote a bot, right?) you can write code for a bounty campaign and make a little btc.  I recently did some css work that I found on this forum for .25BTC.  Thirdly, if you realy can't do any of that, you can put an ad in your signature space.  Eventually I believe you can get your capital and prove all of us wrong with your gambling bot using your own money.  Well, at least I believe you can get some money to try to prove us wrong.

Good luck!
It's open source... I code html, css, and java and I'm learning some more languages. Where did you find a css job for .25 btc (what forum section)Huh Also, I'm willing to throw my money at my own bot the fact of the matter is, I have no way of buying btc myself. I got tons of money in my wallet and bank but I can't just throw that at the computer.


Just keep an eye on the "Services" and "Project Development" boards.  If you can code, there's always work there to be done. Then you can put the risk yourself.  I don't think anyone is going to believe you and give you a loan to use your magic betting bot for them. I think they will either use it themself, or not.  But loaning you money to go gambling is something that very few people in the world have the priviledge to do (gamble with someone else's backing).  And I think those people are always card players, not dice throwing robots.
sr. member
Activity: 448
Merit: 250
I'm a Web Developer: HTML, CSS, PHP, JS.
July 13, 2014, 05:36:10 PM
#72
So i've started to run the bot 24/7 since like 2 hours ago. I recommend running multiple instances, mine will run 24/7 on my VPS Tongue. I would highly recommend this bot to anyone.
Is this real life? Is this happening right now? What Universe did I got transposed into?! Nobody sees the hilarity of the situation?
What is your point?
If it's the fact that you can get the name armin22 from michaeladair, you are wrong. Because that is impossible.
legendary
Activity: 1442
Merit: 1005
July 13, 2014, 03:59:12 PM
#71
So i've started to run the bot 24/7 since like 2 hours ago. I recommend running multiple instances, mine will run 24/7 on my VPS Tongue. I would highly recommend this bot to anyone.
Is this real life? Is this happening right now? What Universe did I got transposed into?! Nobody sees the hilarity of the situation?
sr. member
Activity: 448
Merit: 250
I'm a Web Developer: HTML, CSS, PHP, JS.
July 13, 2014, 10:51:35 AM
#70
Sure, i'm just doing a fresh install ATM, i'll give you VNC access and you can do anything you want. You got a skype?
Yeah, michaeladair1996
sr. member
Activity: 252
Merit: 250
July 13, 2014, 10:49:46 AM
#69
two things :

VPS Friendly Version (for 24/7 use) - all 3 of my bots crashed and refuse to work


Android version (for 24/7 use)
I might be able to work out the VPS friendly version, but I will need access to a vps... Do you have one I can use for testing purposes?

Sure, i'm just doing a fresh install ATM, i'll give you VNC access and you can do anything you want. You got a skype?
sr. member
Activity: 448
Merit: 250
I'm a Web Developer: HTML, CSS, PHP, JS.
July 13, 2014, 10:43:25 AM
#68
two things :

VPS Friendly Version (for 24/7 use) - all 3 of my bots crashed and refuse to work


Android version (for 24/7 use)
I might be able to work out the VPS friendly version, but I will need access to a vps... Do you have one I can use for testing purposes?
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