Thank you guys.
Closed
Topic: Provably Fair Roulettes? (Read 518 times)
It completely baffles me that someone who has either worked hard for their Bitcoin or paid so much for it would gamble it away. I see no point in trying to talk you out of it, if you are going to gamble you are going to gamble.
One thing I cannot recommend enough is that you follow the KELLY CRITERION this is something Bitcoin users should appreciate as it is an algorithm as well, but what it is more is a set of rules which prevent you from losing more than you can afford to lose. It is very successful as it removes the natural human instinct to keep rolling the dice in order to try to win back your losses.
I can't advise on a "Fair" Roulette table as none of them are, they ALL lean in favour to the owner, some are worse than others, however, if you apply the Kelly Criteria you probably wont win money but you wont loose it either.
It's also a very beneficial thing to learn for any form of business or investing as after-all most things in life are a gamble but its about taking calculated risk rather than blindly throwing your money away.
Anyway, I hope this helps :-)
One thing I cannot recommend enough is that you follow the KELLY CRITERION this is something Bitcoin users should appreciate as it is an algorithm as well, but what it is more is a set of rules which prevent you from losing more than you can afford to lose. It is very successful as it removes the natural human instinct to keep rolling the dice in order to try to win back your losses.
I can't advise on a "Fair" Roulette table as none of them are, they ALL lean in favour to the owner, some are worse than others, however, if you apply the Kelly Criteria you probably wont win money but you wont loose it either.
It's also a very beneficial thing to learn for any form of business or investing as after-all most things in life are a gamble but its about taking calculated risk rather than blindly throwing your money away.
Anyway, I hope this helps :-)
FortuneJack and LuckyBTC (the one in my signature) are two sites I've used which have Roulette
Are they provably fair?
Yes, they are. They both have verification methods.
FortuneJack and LuckyBTC (the one in my signature) are two sites I've used which have Roulette
Are they provably fair?
FortuneJack and LuckyBTC (the one in my signature) are two sites I've used which have Roulette
Hi,
Anyone can give me a list of good and nice casino's with Provably fair roulettes to bet on?
Thanks
Anyone can give me a list of good and nice casino's with Provably fair roulettes to bet on?
Thanks
Jump to: