Topic: Primedice BTC doubling method. Not flawless but it works more often than not. (Read 8820 times)
May 09, 2014, 01:08:47 AM
Faucet and bet 999x repeat until you hit or you can't be bothered
May 07, 2014, 08:38:11 AM
Because there is a house edge, you can't win consistently at dice unless you have a literally unlimited bankroll. Eventually you'll have the really really bad streak. So just don't be greedy and get out when you make a profit.
May 07, 2014, 03:38:03 AM
Well no real guaranteed way to work but some strategies can help you get success
So glad to hear it is working for you mate
So glad to hear it is working for you mate
There is no strategy.
May 07, 2014, 03:29:57 AM
Well no real guaranteed way to work but some strategies can help you get success
So glad to hear it is working for you mate
So glad to hear it is working for you mate
There is no strategy.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
May 07, 2014, 01:03:17 AM
Well no real guaranteed way to work but some strategies can help you get success
So glad to hear it is working for you mate
So glad to hear it is working for you mate
May 07, 2014, 12:26:20 AM
I made some adjustments with your algo and it seems to be working.
What I did was multiply your bet by 1.4^4 after getting 4 loses in a row.
I'm currently using this algo for days and got good profits. (about 5x-6x of my investment)
Look at my spreadsheet below.
I used the formula balance/1.4^(max lose streak)
The algo will start multiplying the bet at the 4th lose streak then continuously bet until you win.
I also used 1.4 as multiplier because it could make the bankroll last longer than the previous 1.5.
https://docs.google.com/spreadsheets/d/1ESf8bNpOfu0qF4hSDpW3L8ftxHExgMkGJ1rT0qOk7CQ/edit?usp=sharing
What I did was multiply your bet by 1.4^4 after getting 4 loses in a row.
I'm currently using this algo for days and got good profits. (about 5x-6x of my investment)
Look at my spreadsheet below.
I used the formula balance/1.4^(max lose streak)
The algo will start multiplying the bet at the 4th lose streak then continuously bet until you win.
I also used 1.4 as multiplier because it could make the bankroll last longer than the previous 1.5.
https://docs.google.com/spreadsheets/d/1ESf8bNpOfu0qF4hSDpW3L8ftxHExgMkGJ1rT0qOk7CQ/edit?usp=sharing
May 05, 2014, 12:53:36 PM
The best way to double your coins is... bet all in. Even Albert Einstein didnt manage to beat house edge so dont think you can
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
May 05, 2014, 08:09:04 AM
It really does come down to luck
Agreed. That's why its called "gambling"
May 05, 2014, 08:07:56 AM
no, don't go back to 1. win or lose, just keep playing and increasing.
The idea is that there will be standard deviation, sometimes you'll be
up, sometimes you'll be down, but as you keep increasing bet size,
you'll eventually get an upswing that puts you in a healthy profit.
(Now, all this falls apart with the house edge)
Still, it is an interesting idea that I read many years ago
in a gambling book, and maybe someone will find it
"useful".
The idea is that there will be standard deviation, sometimes you'll be
up, sometimes you'll be down, but as you keep increasing bet size,
you'll eventually get an upswing that puts you in a healthy profit.
(Now, all this falls apart with the house edge)
Still, it is an interesting idea that I read many years ago
in a gambling book, and maybe someone will find it
"useful".
Your assuming an eventual upswing when you're just as probable to have the same downswing and possibly bankrupt yourself. It really does come down to luck - if you're lucky enough you can make n number of bets at 0.01% and win them while if you're unlucky you can lose n bets at 98%. House edge or no, variance in the short term is the bigger danger. House edge only comes into play during long sessions with many, many bets.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
May 05, 2014, 08:04:14 AM
Yes, that is obviously true.
However, there is a good probability you will be ahead at many points, any of which
you could cash out.
However, there is a good probability you will be ahead at many points, any of which
you could cash out.
Let me clarify something - does your suggestion mean you go back to 1 when you hit a winning roll or you just progress infinitely? If you reset at 1 you're taking a loss at rolls of value greater than 2.
It's also just as probable that you are behind at any of these points.
no, don't go back to 1. win or lose, just keep playing and increasing.
The idea is that there will be standard deviation, sometimes you'll be
up, sometimes you'll be down, but as you keep increasing bet size,
you'll eventually get an upswing that puts you in a healthy profit.
(Now, all this falls apart with the house edge)
Still, it is an interesting idea that I read many years ago
in a gambling book, and maybe someone will find it
"useful".
May 05, 2014, 08:00:57 AM
Yes, that is obviously true.
However, there is a good probability you will be ahead at many points, any of which
you could cash out.
However, there is a good probability you will be ahead at many points, any of which
you could cash out.
Let me clarify something - does your suggestion mean you go back to 1 when you hit a winning roll or you just progress infinitely? If you reset at 1 you're taking a loss at rolls of value greater than 2.
It's also just as probable that you are behind at any of these points.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
May 05, 2014, 07:48:54 AM
Your first proposition doesn't work. You don't come out ahead after infinite rolls on a zero sum game (assuming 50% = 2x multiplier). You come out exactly even having made nothing.
Yes, that is obviously true.
However, there is a good probability you will be ahead at many points, any of which
you could cash out.
May 05, 2014, 07:44:07 AM
actually the best strategy to win in a fair 50/50 bet game is this:
bet 1 unit.
then win or lose, you bet 2 units.
then 3,
then 4,
then 5,
etc.
Simply increase by 1.
Eventually you should come out ahead.
(But you may need to get to 10,000 units or more.)
With a large enough bankroll, it works and so does martingale.
bet 1 unit.
then win or lose, you bet 2 units.
then 3,
then 4,
then 5,
etc.
Simply increase by 1.
Eventually you should come out ahead.
(But you may need to get to 10,000 units or more.)
With a large enough bankroll, it works and so does martingale.
Your first proposition doesn't work. You don't come out ahead after infinite rolls on a zero sum game (assuming 50% = 2x multiplier). You come out exactly even having made nothing.
Martingale only works on the short term with a defined limit - try it with 1 billion rolls and get back to me if you managed to make it without busting. The problem is that even if you did have infinite money (not possible) a max bet means that your progression eventually dies if you're unlucky.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
May 05, 2014, 07:35:18 AM
actually the best strategy to win in a fair 50/50 bet game is this:
bet 1 unit.
then win or lose, you bet 2 units.
then 3,
then 4,
then 5,
etc.
Simply increase by 1.
Eventually you should come out ahead.
(But you may need to get to 10,000 units or more.)
With a large enough bankroll, it works and so does martingale.
bet 1 unit.
then win or lose, you bet 2 units.
then 3,
then 4,
then 5,
etc.
Simply increase by 1.
Eventually you should come out ahead.
(But you may need to get to 10,000 units or more.)
With a large enough bankroll, it works and so does martingale.
May 05, 2014, 06:54:17 AM
I think U got it wrong. It should be:
If the results are truly random, there is a winning strategy.
But because the results are NOT truly random, >> U WILL END UP LOSING.
People if U want to try out any betting strategy, U don't need to make deposit to try out. Currently, U can play a tournament with fake BTC.01 @ sato-dice.com and win some real BTC OR fairproof.com.
I've been looking for EFFECTIVE betting strategy for like 2 years now (including the strategy specify as the topic of this post), but there is 0 available, although I am still looking.
If the results are truly random, there is a winning strategy.
But because the results are NOT truly random, >> U WILL END UP LOSING.
People if U want to try out any betting strategy, U don't need to make deposit to try out. Currently, U can play a tournament with fake BTC.01 @ sato-dice.com and win some real BTC OR fairproof.com.
I've been looking for EFFECTIVE betting strategy for like 2 years now (including the strategy specify as the topic of this post), but there is 0 available, although I am still looking.
Either you're drunk or you don't understand the mathematical concept behind probability. There is no such thing as a winning strategy in a pure chance zero sum or negative expected value game over the long term. Many people claim that martingale progressions are a 'strategy' but in reality they are a short-term sham. I can guarantee you my house that after 1 billion rolls you will be broke running martingale. I can also guarantee you that after 1 billion rolls on any negative EV pure chance based gambling you will lose money.
Don't waste your time - it doesn't exist. Or at least spend your time learning the maths as to why it doesn't exist then you won't have to waste another 2 years.
May 05, 2014, 06:50:19 AM
There is no winning strategy at all if the results are truly random.
I think U got it wrong. It should be:
If the results are truly random, there is a winning strategy.
Why and how?
If the results are truly random, you will always lose on average in the long run due to the edge.
May 05, 2014, 06:45:36 AM
There is no winning strategy at all if the results are truly random.
I think U got it wrong. It should be:
If the results are truly random, there is a winning strategy.
But because the results are NOT truly random, >> U WILL END UP LOSING.
People if U want to try out any betting strategy, U don't need to make deposit to try out. Currently, U can play a tournament with fake BTC.01 @ sato-dice.com and win some real BTC OR fairproof.com.
I've been looking for EFFECTIVE betting strategy for like 2 years now (including the strategy specify as the topic of this post), but there is 0 available, although I am still looking.
May 01, 2014, 08:31:38 PM
There is no winning strategy at all if the results are truly random.
May 01, 2014, 07:50:05 PM
If you stick with money you can afford to lose, and consider this fun, then it is possible to win frequently at Primedice.
For a balanced portfolio make sure you do a healthy amount of day-trading alt coins.
For a balanced portfolio make sure you do a healthy amount of day-trading alt coins.
May 01, 2014, 04:57:47 PM
Lost my 0.1 BTC 
Oh well, dice sites always seemed to hate me 
Oh well, dice sites always seemed to hate me May 01, 2014, 04:46:36 PM
A martingale strategy is where a winning bet will cover your losses from previous bets. Often this is 100% increase on 2x, but you can do any kind of bet/increase such as 200% on 1.5x, 25% on 8x, 1000% on 1.1x or as the OP suggests 50% on 4x -- the winnings on all of these combinations cover the losses.
The trouble is that the probability of doubling your money does not improve with whatever combination: With a bankroll of 1500 sats, it'll take 15 wins of 100 sat bets at x2, without ever sustaining 4 consecutive losses. However, the odds of this happening are never greater than 50% (even without house edge), and the odds of going bust are... care to guess?... never less than 50%.
Chances of 4 consecutive losses at 50% odds= 0.5 x 0.5 x 0.5 x 0.5 = 6.25%
Chances of this not happening (ie. winning 100 sats in less than 4 consecutive losses) = 93.75%
Chances of this not happening 15 times in a row = 0.9375^15 = 37.98%
Chances of "Your balanace is too low to make this bet!" = 62.02%
When you factor in house edge, the odds are slimmer than making a straightout bet of all your bankroll at x2. It is for this reason that site owners are very happy to include automated rollers for your gambling pleasure.
The trouble is that the probability of doubling your money does not improve with whatever combination: With a bankroll of 1500 sats, it'll take 15 wins of 100 sat bets at x2, without ever sustaining 4 consecutive losses. However, the odds of this happening are never greater than 50% (even without house edge), and the odds of going bust are... care to guess?... never less than 50%.
Chances of 4 consecutive losses at 50% odds= 0.5 x 0.5 x 0.5 x 0.5 = 6.25%
Chances of this not happening (ie. winning 100 sats in less than 4 consecutive losses) = 93.75%
Chances of this not happening 15 times in a row = 0.9375^15 = 37.98%
Chances of "Your balanace is too low to make this bet!" = 62.02%
When you factor in house edge, the odds are slimmer than making a straightout bet of all your bankroll at x2. It is for this reason that site owners are very happy to include automated rollers for your gambling pleasure.
May 01, 2014, 08:53:00 AM
There is no method for making money on primedice or any site
May 01, 2014, 05:06:11 AM
let me try your strategy in LN and PD.
May 01, 2014, 04:22:52 AM
I might have to tey this
May 01, 2014, 03:33:34 AM
Deposit at least 0.02 BTC
Use the automated betting.
Bet 4x payout - 50 satoshi per roll - increase bet 50% on loss - On win return to base.
Set the number of rolls to something really high like 99999
Stop and cash out after you have doubled. Or even before, it gets sketchy when you're close.
This has doubled my money every time I've used it. Like any betting system this is not guaranteed and you can lose.
Posting this cause I'm sick of losing money on primedice, It's their turn to lose some money.
Use the automated betting.
Bet 4x payout - 50 satoshi per roll - increase bet 50% on loss - On win return to base.
Set the number of rolls to something really high like 99999
Stop and cash out after you have doubled. Or even before, it gets sketchy when you're close.
This has doubled my money every time I've used it. Like any betting system this is not guaranteed and you can lose.
Posting this cause I'm sick of losing money on primedice, It's their turn to lose some money.
Ummm... Re-read the bold type, you aint winning if your 'sick of losing'..
May 01, 2014, 03:32:13 AM
Hi,
This is not completely sure, it is something like half martangle half another betting system.
BR,
Gondel
This is not completely sure, it is something like half martangle half another betting system.
BR,
Gondel
May 01, 2014, 03:07:46 AM
There goes my coins. It was fun while it lasted
May 01, 2014, 02:46:50 AM
But I was working on Classical Martingale system in several years now. I was trying to answer that big question and was trying to find betting system wich can help me to beat the system.
Please don't waste your time. Unless you can actually prove that 1=2 you will never be able to 'beat' the house in the long run (try running a simulation on any 'strategy' at more than 1 billion rolls and I'd bet my life on it that you'd be in the red) as the premise of it is probability mathematics. Long term the edge will get you - your only hope as a bettor is that variance in the short term is good o you.
May 01, 2014, 02:29:40 AM
I will try Thanks
May 01, 2014, 02:20:25 AM
Math is so unpredictable. I have a similar strategy. I start out betting .001 for example with a balance of .01. Put it on 10% and press your luck! You can add coin up pretty quick this way IMO.
Wow, i think thats the fastest way to lose your coin. May 01, 2014, 02:17:20 AM
Math is so unpredictable. I have a similar strategy. I start out betting .001 for example with a balance of .01. Put it on 10% and press your luck! You can add coin up pretty quick this way IMO.
May 01, 2014, 12:56:46 AM
Straight lost my 0.02... If using the bot to always win was so simple
May 01, 2014, 12:03:09 AM
No need. Just wanted to analyse the gambling system. Thanks for introducing, I manahed to win it back.
April 30, 2014, 11:57:02 PM
Update. Immediately after I doubled my 0.02, i lost all of it. Not much to say other than this strategy only works for a while
Yeah I should have said it starts to get sketchy when you're close to doubling.
PM me your btc address I will try to refund some of your lost btc.
April 30, 2014, 10:51:38 PM
Update. Immediately after I doubled my 0.02, i lost all of it. Not much to say other than this strategy only works for a while
April 30, 2014, 10:35:32 PM
But I was working on Classical Martingale system in several years now. I was trying to answer that big question and was trying to find betting system wich can help me to beat the system. I need to be honest and see that I never find 100% sure way to make that money. I would then probably be on another place right now if I could. But I created my own system which is not 100% surewin, but I think that it can work on long term much like your doubling method.
what is it? I'm interested April 30, 2014, 10:13:29 PM
But I was working on Classical Martingale system in several years now. I was trying to answer that big question and was trying to find betting system wich can help me to beat the system. I need to be honest and see that I never find 100% sure way to make that money. I would then probably be on another place right now if I could. But I created my own system which is not 100% surewin, but I think that it can work on long term much like your doubling method.
April 30, 2014, 10:10:02 PM
I am skeptical, will try it though. Will this work with 0.0001?
Try it with 2 satoshi instead of 50 it should work for you.
April 30, 2014, 10:06:47 PM
I am skeptical, will try it though. Will this work with 0.0001?
April 30, 2014, 10:04:52 PM
Deposit at least 0.02 BTC
Use the automated betting.
Bet 4x payout - 50 satoshi per roll - increase bet 50% on loss - On win return to base.
Set the number of rolls to something really high like 99999
Stop and cash out after you have doubled. Or even before, it gets sketchy when you're close.
This has doubled my money every time I've used it. Like any betting system this is not guaranteed and you can lose.
Posting this cause I'm sick of losing money on primedice, It's their turn to lose some money.
Use the automated betting.
Bet 4x payout - 50 satoshi per roll - increase bet 50% on loss - On win return to base.
Set the number of rolls to something really high like 99999
Stop and cash out after you have doubled. Or even before, it gets sketchy when you're close.
This has doubled my money every time I've used it. Like any betting system this is not guaranteed and you can lose.
Posting this cause I'm sick of losing money on primedice, It's their turn to lose some money.
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