MY gambling strategy to limit loss and make btc - page 13.

dustboy

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Quote from: CEOKEY on July 15, 2016, 07:46:49 AM

It's not work for me !! I win 0.1 from 0.01 and lose all then. IF I withdraw i will deposit and lose again. Embarrassed

the key is self-control and bankroll management. when you win then withdraw it, you should not deposit it all again. keep some % of your profit on your wallet. if you lose it, then dont deposit again.

kryptqnick

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Quote from: thecrimson16 on July 04, 2016, 12:04:22 AM

My strtegy is very simple. It is called self control. i strt with .01 anytime i get more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

This sounds quite wise. I'm not deeply into gambling, so I just gamble with the faucet money and basically can't ever lose

minime0105

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Honestly guys, that is not a strategy in gambling, haha, thats' called Discipline! and its two different things, haha. Cool

-cheers-

freedomgo

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Quote from: bitcoinisfurture on July 15, 2016, 07:01:27 AM

This is the best strategy but frankly only 10% of people are able to actually adopt this since the sting determination is required to have that control once you lose to get out rather than playing more to recover the lost amount.

That is what you called self discipline, you are right majority of the gambles does not want to stop when losing in the process and I agree with that because that is human nature that we don't want to quit with a losing record. We have this price that lead us to gamble more to chase our losses.

CEOKEY

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It's not work for me !! I win 0.1 from 0.01 and lose all then. IF I withdraw i will deposit and lose again. Embarrassed

Karpeles

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You can always deposit more and gamble away your deposit, specially if your first result was a loss.

There is no point to withdraw every 0.001 BTC, because deposits are as easy to make as withdraws.

If you have self control, you won't need to do so many withdraws

bitcoinisfurture

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This is the best strategy but frankly only 10% of people are able to actually adopt this since the sting determination is required to have that control once you lose to get out rather than playing more to recover the lost amount.

Rubberduckie

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Quote from: thecrimson16 on July 04, 2016, 12:04:22 AM

My strtegy is very simple. It is called self control. i strt with .01 anytime i get more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

I knew a dude who did that and the only way it works is if you also
leave just as fast if your losing.

He would buy in Poker $100 win like $30 and leave, instead of riding it
out and seeing if he hits a hot streak. But when he lost he would lose
his 100 and keep buying in. So he would have like 4-5 winning sessions
compared to losing but would lose more on that one session.

So if your making .001 you need to do that 11 times compared to the 1
time you lose the whole .01 (not an easy task)

Daneric

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Quote from: thecrimson16 on July 04, 2016, 12:04:22 AM

My strtegy is very simple. It is called self control. i strt with .01 anytime i get more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

It all depends with ones luck that day. i also use the same strategy - betting 82% win chance. My bankroll is always 0.01 and i normally target 200k satoshi per session. Sometimes I will achieve and exceed the target and sometimes I may end wiping the whole balance. So it is a just a matter of luck provided you know when to exit.

JasonXG

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Quote from: thecrimson16 on July 04, 2016, 12:04:22 AM

My strtegy is very simple. It is called self control. i strt with .01 anytime i get more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

Lol is not not everyone who wants to win and cut their losses ? I think just keep your bets low and you right about cashing out right away but dont forget to add the tx fee in to the equation.

bbc.reporter

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Quote from: thecrimson16 on July 04, 2016, 12:04:22 AM

My strtegy is very simple. It is called self control. i strt with .01 anytime i get more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

I think the better way is to limit your losses, not your wins. It isn't everyday that you can win consistently there will be losing days so you have to control your losses. If you control your wins you will only be a small winner and a big loser.

crytoboost

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This strategy is very risky on dice site when you play daily and get withdraw making the same amount, I think when we put some amount on risk than we have no control over it, op is playing with low stak amount so that if after 5 days he got busted than we will be into lose there.

freedomgo

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Quote from: Dyatrev on July 15, 2016, 02:18:00 AM

Quote from: Erza on July 15, 2016, 02:06:39 AM

Quote from: plost24 on July 14, 2016, 06:13:09 PM

for my strategy is like yours i only get 0.01 btc per day and how i control my self is easy it take me only few bet to reach my goal and when i got my 0.01 btc i invest them in the house so it will make me can't play for 24 hour and that will make me stop betting until tomorrow.
for now i got 0.05 btc in 5 days i start with 0.05 that make me have 100% in 5 days :p

Where do you invest at? To get 100% each day on investment is not possible because house never give you so much payout eventhough huge whale is just busted a lot. This does not make any sense to me. And btw you cant get profit everyday on each investment sometimes it will drop too and you need to get some recovery before you can play again

if i got it right he started with 0.05 invested 0.04 to house played with 0.01 when he won 0.01 he invested that to house kept playing 0.01 and repeated process so at the end he has 0.1 total in 5 days

He was not lucky in investing but in gambling, that is not a method because in investing we need more time to see the result of our profit, doing that method will not guarantee you win but with your luck you can make money sometimes.

emberbekas

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Looks same as my strategy but with different goal. I prefer to turn 0.01 to 0.02 and send 0.01 to my bank account. I will stop betting when I lost all my starting balance(0.01 in this case). The best moment from this method is when I am able to collect 0.1 in one session and the worse moment that came very often is when I cant even rise up that 0.01 and then busted.

BitcoinSupremo

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Looks like a nice strategy to me for playing sportsbook. You can place a bet on soccer championships like Sweden Allsvenskan where there are goals usually and you can bet for example on over 0.5 goal per game and odd is almost 1.10 which can give you 0.001 profit. Still this strategy has some big downfalls, you need ten wins and 1 loss to go back to point 0 and if you make a loss before getting 10 wins you are losing. There are other persons who are trying this strategy in sportsbook with even lower odds than 1.10 and they have still lost. It will not work in the long run unfortunately.

Dyatrev

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Quote from: Erza on July 15, 2016, 02:06:39 AM

Quote from: plost24 on July 14, 2016, 06:13:09 PM

for my strategy is like yours i only get 0.01 btc per day and how i control my self is easy it take me only few bet to reach my goal and when i got my 0.01 btc i invest them in the house so it will make me can't play for 24 hour and that will make me stop betting until tomorrow.
for now i got 0.05 btc in 5 days i start with 0.05 that make me have 100% in 5 days :p

Where do you invest at? To get 100% each day on investment is not possible because house never give you so much payout eventhough huge whale is just busted a lot. This does not make any sense to me. And btw you cant get profit everyday on each investment sometimes it will drop too and you need to get some recovery before you can play again

if i got it right he started with 0.05 invested 0.04 to house played with 0.01 when he won 0.01 he invested that to house kept playing 0.01 and repeated process so at the end he has 0.1 total in 5 days

Erza

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Quote from: plost24 on July 14, 2016, 06:13:09 PM

for my strategy is like yours i only get 0.01 btc per day and how i control my self is easy it take me only few bet to reach my goal and when i got my 0.01 btc i invest them in the house so it will make me can't play for 24 hour and that will make me stop betting until tomorrow.
for now i got 0.05 btc in 5 days i start with 0.05 that make me have 100% in 5 days :p

Where do you invest at? To get 100% each day on investment is not possible because house never give you so much payout eventhough huge whale is just busted a lot. This does not make any sense to me. And btw you cant get profit everyday on each investment sometimes it will drop too and you need to get some recovery before you can play again

arseaboy

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Quote from: teilwalL05 on July 15, 2016, 01:45:01 AM

Quote from: Shinpako09 on July 04, 2016, 03:33:41 AM

Mine i wasnt thinking on how much i loss a day. What im setting is my win. I mostly set my winning into $45 a day and after I reach that I wont play that day and go back tommorow to play again.

That is good that you have a limitations to yourself when playing but do you really always win? like $45 a day? because all I know is that not all the time you can win in gambling, and sometimes even one time of winning is not happening.

got curious about that sir 45$ a day not a bad winning per day maybe sir shin have an amazing strategy in doin that might be better to share it here as well I want to win that as of now I only win like the op 10% of my capital then quit right away don't want to be trapped inside the house.

teilwalL05

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Quote from: Shinpako09 on July 04, 2016, 03:33:41 AM

Mine i wasnt thinking on how much i loss a day. What im setting is my win. I mostly set my winning into $45 a day and after I reach that I wont play that day and go back tommorow to play again.

That is good that you have a limitations to yourself when playing but do you really always win? like $45 a day? because all I know is that not all the time you can win in gambling, and sometimes even one time of winning is not happening.

redoaditia

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Quote from: thecrimson16 on July 04, 2016, 12:04:22 AM

My strtegy is very simple. It is called self control. i strt with .01 anytime i get more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

LOL in the gambling so difficult to control yourself , if you win maybe you can play again with your btc and then you will lose all your btc , if you bet small btc your change to win very small and high risk to earn .001 , but if you bet .001 or half you can fast get it your profit and stop if you finished profit and try again tomorrow , good luck for you

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