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Topic: Losing whenever you're Gaining? - page 2. (Read 1930 times)

legendary
Activity: 1582
Merit: 1059
February 28, 2016, 02:03:24 PM
#38
We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??

I don't know, I would like to think that is perfectly normal, and it happens. You do have provably fair, so if you trust that, I think you must just accept that it's normal and it happens.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
February 28, 2016, 12:56:55 PM
#37
If you happen to just play on one of the lest known and trusted gambling websites, then the chances are something fishy is going on their back-end but if your using one of the trusted sites, then it's on pure luck mostly (since the owners wouldn't put their reputation in danger because people will complaint right away and get bad attention towards them).
legendary
Activity: 2156
Merit: 1082
February 28, 2016, 12:11:57 PM
#36
We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??

which site you have used ? If the site have provably fair, don't have option to manipulate result, personally i have lost 4 consecutive bet to 97% possibility of win  Grin

I played in PrimeDice  win change 85% I have 6 red line, initially runs smoothly up to 48 hours from 25k sat to 300k win sat but I ended up losing
nobody is really safe in gambling



i have see your stat, very bad but id only no lucky. i think primedice is the most secure/fair dice site in all bitcoin gambling. unfortunatly, evry round is different, can exit already the same number
hero member
Activity: 910
Merit: 1000
February 28, 2016, 12:08:33 PM
#35
if it has got a lot don't continue the game, enough for today you can try again tomorrow.
if you want to get a lot of force, trust your money will run all.
Yes this is right even i faced this problem when i started Gambling beginning if i won my bet i started to increase my betting amount for my next bet like this happen but if i loose suddenly then also i was thinking about my profit only until i loose huge amount after that i realise i want get back my loosing money 1st later will think about profit so now i am playing safely if i loose the bet i will stop there itself will continue next day.
legendary
Activity: 1526
Merit: 1000
February 28, 2016, 11:57:52 AM
#34
We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??

i sometimes have the same feeling about this kind of situation, that the site is doing some shenanigans in the back that causes me to lose after i had a winning streak and accumulated a small amount.

but the fact is (if the site is provably fair) it is just our luck that runs out and we end up losing what we have won in the past winnings.

Definitely check to make sure the provably fair is actually done properly and not a lie, but they don't have to cheat you to win when the odds are in their favor.

If we flip a coin and every time it's heads you give me one dollar and every time it's tails I give you 99 cents, if we keep playing I will get all of your money eventually.

The problem with bitcoin dice sites (and actually all online gambling when you think about it) is that it takes a lot less time to play a game online than in real life, so "eventually" happens a lot faster, especially when you tell a bot to bet over and over again.
legendary
Activity: 1288
Merit: 1000
February 28, 2016, 11:42:15 AM
#33
We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??
With provably fair system in play you don't have to worry about you being scammed most of the time. It is just another gambler's fallacy that they mainly notice big loses.
I know losing against low odds feels weird and sometimes can make you angry but that is game of chances and weird shit can happen.
hero member
Activity: 1470
Merit: 655
February 28, 2016, 11:35:41 AM
#32
I played in PrimeDice  win change 85% I have 6 red line, initially runs smoothly up to 48 hours from 25k sat to 300k win sat but I ended up losing
nobody is really safe in gambling



wow, 6 times above 85 that is so unlucky.

i have had some bad luck myself but i don't think i have had anything like this one on such a high chance of winning multiplier.
hero member
Activity: 1316
Merit: 514
February 28, 2016, 11:02:51 AM
#31
Winning makes you continue to play more, the urge is there and the feeling of greed will always be present whenever you gamble
legendary
Activity: 1610
Merit: 1183
February 28, 2016, 11:00:24 AM
#30
Most people are too tempted to keep gambling with the newly won amount of Bitcoins, instead of taking the profit, and if you really want to continue gambling, keep gambling small quantities, but most people will be too tempted to do an "all or nothing" moment with freshly won money because they feel as if that isn't really their money.
sr. member
Activity: 294
Merit: 250
February 28, 2016, 10:58:15 AM
#29
gambling is not always about winning.
but if you think logically, most of what happens is capital is wasted and the result is so so. even some people get a minus. this just how it works.
sr. member
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
February 28, 2016, 10:38:47 AM
#28
same happens for me, it could be sites foult, not letting us win a lot of money, or it also could be our horrible luck, but  i really think that it's because of sites
sr. member
Activity: 280
Merit: 250
February 28, 2016, 06:52:15 AM
#27
Let's see it the other way around:
You manage to win up to 0.01 from just 0.0005 btc. Did you notice that? That you won so many consecutive times to get to that amount and yet you notice when you lost by betting half of your winnings?
So, what went wrong here? It's not the site per se but its the rule of probability that makes this happen. Anyway, you know that Primedice is provably fair, ayt?
legendary
Activity: 2604
Merit: 1036
February 28, 2016, 06:25:08 AM
#26
What do you expect mate? With dice rolling there is no bet 'memory' at all every roll is completely independent from the previous one. You could lose on 90% win probability 5-10-15 times in a roll and you don't know when it stops because it's just random numbers every time. Just put 5 identical red and black balls in a dark bag and try to pull only the red ones 5 times in a roll and see what happens.
hero member
Activity: 1498
Merit: 547
Top Crypto Casino
February 28, 2016, 06:06:28 AM
#25
We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??

You got 5 losing streak at 95%?!? What Dice was that?  Cheesy
Well i started betting with 0.0005 btc and make it grow to 0.01btc then i bet half with 95% and lose then bet again 5 times and loses at 95% five times .. Btw the site is Primedice
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
February 28, 2016, 05:14:25 AM
#24
that is just what gambling is like. you sometimes win and sometimes lose.

you have to remember that there is never any guarantee that you can win your next bet. doesn't matter if you set the win chance to 1% or 99% there is always the chance of losing. in other words since there is never 0 chance of losing, you will have a red roll. so the only thing left to do is not plan on these things and especially on martingale, just stop using that method and bet for fun while testing your luck
legendary
Activity: 1442
Merit: 1008
February 28, 2016, 04:33:35 AM
#23
We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??

which site you have used ? If the site have provably fair, don't have option to manipulate result, personally i have lost 4 consecutive bet to 97% possibility of win  Grin

I played in PrimeDice  win change 85% I have 6 red line, initially runs smoothly up to 48 hours from 25k sat to 300k win sat but I ended up losing
nobody is really safe in gambling


Try to run auto bets in two different computer .
Set computer 1 on :
Win chance to 90%

And set computer 2 on :
Win chance to 10%

Run bets together at a time.
See what will happened, you will feel rigged by the provably fair system.
Basically there will be a "losing phase" it could make a streak lost up to dozens times and there is "gain phase" , in this phase is the right time to stop and cashout all your money. So you will never experience that "losing whenever you're gaining".
sr. member
Activity: 266
Merit: 250
February 28, 2016, 04:22:52 AM
#22
Lets think logically. Surely people dont build a casino to make other people become rich right? Well if you dont want to lose, you should learn how to stop gambling in right time, and play again if you see the chance.

Good idea Man but sometimes I was hooked when winning making it difficult to bring profits go too quick to think that I've found a way to win whereas in the end I lost bitcoin  Cheesy I'm sure you also feel the same  Cheesy
Yeah that feeling is so bad Grin
We think that today is our lucky day just because we win few bucks and bet all of what we have, then its disappear Cheesy
But now I always make a limit for my self when do gambling, so I know when I will stop. Not always effective, but atleast I dont lose everything Cool

This is the correct way of gambling, go in limit everyday whether lose or win, just come out after your limit is crossed, i was also loosing a lot but after that i just realized what mistake i have done and now i have covered all my loss and i am in small profit but happy now.
legendary
Activity: 2982
Merit: 1506
Pie Baking Contest: https://tinyurl.com/2s3z6dee
February 28, 2016, 04:17:45 AM
#21
Lets think logically. Surely people dont build a casino to make other people become rich right? Well if you dont want to lose, you should learn how to stop gambling in right time, and play again if you see the chance.

Good idea Man but sometimes I was hooked when winning making it difficult to bring profits go too quick to think that I've found a way to win whereas in the end I lost bitcoin  Cheesy I'm sure you also feel the same  Cheesy
Yeah that feeling is so bad Grin
We think that today is our lucky day just because we win few bucks and bet all of what we have, then its disappear Cheesy
But now I always make a limit for my self when do gambling, so I know when I will stop. Not always effective, but atleast I dont lose everything Cool
hero member
Activity: 826
Merit: 1000
February 28, 2016, 02:49:54 AM
#20
if it has got a lot don't continue the game, enough for today you can try again tomorrow.
if you want to get a lot of force, trust your money will run all.
legendary
Activity: 3472
Merit: 10611
February 27, 2016, 11:29:14 PM
#19
We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??

i sometimes have the same feeling about this kind of situation, that the site is doing some shenanigans in the back that causes me to lose after i had a winning streak and accumulated a small amount.

but the fact is (if the site is provably fair) it is just our luck that runs out and we end up losing what we have won in the past winnings.
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