Sidebet... A minimum loss... | Bitcointalksearch.org

hahay

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Quote from: Ucy on May 23, 2019, 05:55:48 PM

I do not understand this very well. Is multiple betting at thesame time what is called side betting?
How does it compare with betting multiple times at thesame time with bots?

No, that is a different type of bet. Because as far as I know sidebet is done together with the main bets but with separate pots and this can be applied in many types of gambling and for multiple betting it can be categorized with bots as is available in dice bets, but in sportsbook also has multiple betting like parlays and it's not the same such as chance, how we bet etc. because sidebet and multiple betting is a different types of bet.

Ucy

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I do not understand this very well. Is multiple betting at thesame time what is called side betting?
How does it compare with betting multiple times at thesame time with bots?

goaldigger

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Quote from: cabalism13 on March 31, 2019, 04:32:19 PM

This thing is also one of the strategies that has been using by some gamblers, the fact that there are also gambling platform that accepts multiple bets at a time, so playing with this strategy is quite good enough.

With this, you can just lose a small amount of money. And same goes if you win.

So who among you guys have tried this? Share the experience

Id try this strategy once and instead of getting me a profit twice, i end up loosing a bet doubled. In every game , you will have additional probability of winning because of your other bets but the winning number would only be one or two so the other bets are lost too. Thats the last time i use that. Ill stick on my lucky bet end enjoy the moment. Greed makes me loose more.

libert19

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Wish this would work with dice, there are some casinos where I want to farm tokens but can't go big because of fear of losing.

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Quote from: koroke on April 01, 2019, 02:50:30 AM

Quote from: cabalism13 on March 31, 2019, 04:32:19 PM

This thing is also one of the strategies that has been using by some gamblers, the fact that there are also gambling platform that accepts multiple bets at a time, so playing with this strategy is quite good enough.

With this, you can just lose a small amount of money. And same goes if you win.

So who among you guys have tried this? Share the experience

So far I haven't tried this yet but I am very willing to have some sort of knowledge regarding this thing given that in gambling aside from luck you have to create and experiment sort of strategic movements that will help you up grow your existing assets that will help you to possess a better amount of money. Multiple bets are initially good when you are having huge amount of money but sooner as you go along you may encounter multiple losses that will certainly make you out of control to bet for more so as a preventive way of avoiding multiple losses you must find a way for you to lessen it and effective strategies is not just buying sort of goods in the stores, you must create your own way. That is what I usually do whenever I am playing into an online casino I am currently into which is Vegas casino wherein I can be able to enjoy variety of games that I love with proper moderation as well as enjoying their great deal of welcoming bonus right after doing my first deposit.

Me too. I haven't try such side bets because I am just a single better and I think that was just enough for me to play like that because I am the kind of gambler which is already contented to whatever outcome it will be due to the reason that I do not mainly concern winning always because having fun and being satisfied on what I play is what do really matters for me and winning by single bets is a great privilege and a bonus for me after having fun on playing gambling. Having multiple bets indeed will create great losses as time passes by because we cannot determine the outcomes of the games since we all know that most of the gambling games are games of luck and chances so single bets is still much better for me. Which I apply upon playing into the same crypto casino you were up to in which I am also currently into that is Vegas casino in which I am having single bets on playing variety of games I love like black jack, poker, roulette and many more and still find it fun and exciting added by the fact that I also enjoy their great deals of bonuses for doing my deposits in terms of Bitcoin into it giving me a convenient gaming experience.

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I haven't heard and I didn't know about side bet before. I haven't tried it as well. I'm just betting the usual way. If you're referring to multiple bets I guess I have tried that and still doing that at times depends on how effective the strategy is. I guess if it's risky and not helpful, I have to do it the normal way.

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Quote from: Bitinity on March 31, 2019, 09:41:54 PM

Are you referring to sidebets in blackjack game? As I have no ideas if there is other game with sidebet feature.
Unfortunately there is no bitcoin casinos offers this site (as per my experience). Even if there are some casinos, I dont think it is good decision to do sidebets because the house edge is big.

I don't know if I have the right meaning of sidebet. I think side bet means that for example, you're betting on a roulette game. You mostly putting your bet on all reds, and your side bets are 0 and black. I think any casino has this kind of feature. Especially those casino that has a roulette game.

Johnzky

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Quote from: Bitinity on March 31, 2019, 09:41:54 PM

Are you referring to sidebets in blackjack game? As I have no ideas if there is other game with sidebet feature.
Unfortunately there is no bitcoin casinos offers this site (as per my experience). Even if there are some casinos, I dont think it is good decision to do sidebets because the house edge is big.

I guess it's more like card games,because on our local games lots of card games has side betting strategies and i have this experiences
When i was starting to learn local Black jack,all i do is to sidebet and they allow me to do so,and upon that i start to learn the game also.
And what happens next?I become The player and from that other people is now sidebets on me.

Xenrise

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Quote from: swogerino on April 01, 2019, 04:13:22 AM

Quote from: alisafidel58 on April 01, 2019, 12:16:50 AM

I think that there's no crypto gambling site that offers a side bet. Its widely used in a traditional casino but in a crypto gambling site.

Sidebets are common in Fiat casinos but also in the crypto will be implemented soon enough, in some cases players like to call the bets they make to defend a parlay bet that only are waiting for a game and they call this bet a side bet although this is not true, it is a defending bet in order to not lose either way the game ends.

I hope that sidebet could be implemented in cryptocurrency casinos. I like that idea of sidebet. It's just betting some dollars on a 10k dollar bet of Tyler and Yassuo. And that's a only a small loss instead of losing a lot money. When do you think casinos will do this? It will take a lot of time to program this kind of idea but, I hope they will.

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Quote from: panjul07 on April 01, 2019, 03:51:57 AM

Quote from: traderethereum on April 01, 2019, 12:28:29 AM

I don't know if there is a side bet because so far, I only use a default bet. But it might be interesting because we might reduce the loss if the strategy is really working. But I wonder if there is another strategy to support this strategy so both strategies can work perfectly in gambling?

So I see some of us have familiar with the side bet before and the other says that they don't know about that. I wonder how much the profit we can get from this strategy.

I wonder how sidebet in blackjack can reduce the losing chance. Doing side bet means you are adding more wager for another bet (a three card poker game) for something which has lower winning chance than the main blackjack bet. Indeed once you hit good 3 poker card combination, lets say three of kind then you'll win nice amount.

But we never know when we can get a good 3 poker card combination, right? Maybe we can split our money into 3 parts, and we can place for 3 bets, that is what I was thinking so far. Or maybe it is true that we can reduce the loss of money. It's good to play, as usual, so we don't have to get confused with the strange strategy.

Jating

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Yes, I've played this sidebet thingy in black jack but not online but in a traditional land based casino. I wouldn't say it will give you minimum loss, but what's good about betting on the side is that if you have small capital, or at least lost big chunks of it and wanted to recover a few then you might you on black jack table and try your luck to recover.

At least in my case that's what I've done, but just the same results though. Angry

, losing in the end.

btc_angela

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Quote from: panjul07 on April 01, 2019, 03:51:57 AM

Quote from: traderethereum on April 01, 2019, 12:28:29 AM

I don't know if there is a side bet because so far, I only use a default bet. But it might be interesting because we might reduce the loss if the strategy is really working. But I wonder if there is another strategy to support this strategy so both strategies can work perfectly in gambling?

So I see some of us have familiar with the side bet before and the other says that they don't know about that. I wonder how much the profit we can get from this strategy.

I wonder how sidebet in blackjack can reduce the losing chance. Doing side bet means you are adding more wager for another bet (a three card poker game) for something which has lower winning chance than the main blackjack bet. Indeed once you hit good 3 poker card combination, lets say three of kind then you'll win nice amount.

Correct, side bet doesn't reduce your chance of losing. Maybe what the OP is saying that it can reduce the amount of money that you can lose, but still a lost is a lost no matter what amount it is. And I'm not aware of any gambling platform that accepts this kind of side betting as describe by the OP.

Zadicar

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Quote from: cabalism13 on March 31, 2019, 04:32:19 PM

This thing is also one of the strategies that has been using by some gamblers, the fact that there are also gambling platform that accepts multiple bets at a time, so playing with this strategy is quite good enough.

With this, you can just lose a small amount of money. And same goes if you win.

So who among you guys have tried this? Share the experience

I have tried it on poker but i would say this wont really give you the chance on not to loss big money.You are risking more but somehow if it would pass through then thats the advantage.
Its just a matter of on how you do eat some risk Grin

shoreno

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Quote from: alisafidel58 on April 01, 2019, 12:16:50 AM

I think that there's no crypto gambling site that offers a side bet. Its widely used in a traditional casino but in a crypto gambling site.

oh really ? but these so called side bets are still part of gambling which means you can still loose alot if you dont have a self control . we dont need a side bets just because we want to minimize our losses because imo we can also minimize our losses on any kinds of gambling as long as we have a self control . stop chasing your losses and you will be just fine . be happy and contented on what you already earnt or loss because that what trully makes us a good and professional gambler . ~ just saying

Pmalek

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I am not familiar with side bets, can someone tell me is this what the OP is referring to?

Quote

Lets say Joe, Bob, Chris, Tom, and Becky are playing a card game and they are all betting $10 a hand. Tom and Joe may get a little extra competitive and decide to place a side bet between just the two of them. They will bet the originally agreed upon $10 on a game with everyone at the card table involved and they will bet, lets say another $25 just between the two of them.

Source: https://www.urbandictionary.com/define.php?term=side%20bet

If it is, how exactly will that profit those interested in sports betting for example? If at all.

swogerino

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Quote from: alisafidel58 on April 01, 2019, 12:16:50 AM

I think that there's no crypto gambling site that offers a side bet. Its widely used in a traditional casino but in a crypto gambling site.

Sidebets are common in Fiat casinos but also in the crypto will be implemented soon enough, in some cases players like to call the bets they make to defend a parlay bet that only are waiting for a game and they call this bet a side bet although this is not true, it is a defending bet in order to not lose either way the game ends.

panjul07

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Quote from: traderethereum on April 01, 2019, 12:28:29 AM

I don't know if there is a side bet because so far, I only use a default bet. But it might be interesting because we might reduce the loss if the strategy is really working. But I wonder if there is another strategy to support this strategy so both strategies can work perfectly in gambling?

So I see some of us have familiar with the side bet before and the other says that they don't know about that. I wonder how much the profit we can get from this strategy.

I wonder how sidebet in blackjack can reduce the losing chance. Doing side bet means you are adding more wager for another bet (a three card poker game) for something which has lower winning chance than the main blackjack bet. Indeed once you hit good 3 poker card combination, lets say three of kind then you'll win nice amount.

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Quote from: alisafidel58 on April 01, 2019, 12:16:50 AM

I think that there's no crypto gambling site that offers a side bet. Its widely used in a traditional casino but in a crypto gambling site.

I am also not popular with side bet in online gambling, some said it's on blackjack but I cannot relate as I don't play that game.
In sports betting, there is no side bet, but there is a live betting, or there's different type of odds on different choices, like win SU, point spread, and over/under.

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Quote from: cabalism13 on March 31, 2019, 04:32:19 PM

This thing is also one of the strategies that has been using by some gamblers, the fact that there are also gambling platform that accepts multiple bets at a time, so playing with this strategy is quite good enough.

With this, you can just lose a small amount of money. And same goes if you win.

So who among you guys have tried this? Share the experience

So far I haven't tried this yet but I am very willing to have some sort of knowledge regarding this thing given that in gambling aside from luck you have to create and experiment sort of strategic movements that will help you up grow your existing assets that will help you to possess a better amount of money. Multiple bets are initially good when you are having huge amount of money but sooner as you go along you may encounter multiple losses that will certainly make you out of control to bet for more so as a preventive way of avoiding multiple losses you must find a way for you to lessen it and effective strategies is not just buying sort of goods in the stores, you must create your own way. That is what I usually do whenever I am playing into an online casino I am currently into which is Vegas casino wherein I can be able to enjoy variety of games that I love with proper moderation as well as enjoying their great deal of welcoming bonus right after doing my first deposit.

traderethereum

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I don't know if there is a side bet because so far, I only use a default bet. But it might be interesting because we might reduce the loss if the strategy is really working. But I wonder if there is another strategy to support this strategy so both strategies can work perfectly in gambling?

So I see some of us have familiar with the side bet before and the other says that they don't know about that. I wonder how much the profit we can get from this strategy.

alisafidel58

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I think that there's no crypto gambling site that offers a side bet. Its widely used in a traditional casino but in a crypto gambling site.

avikz

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Quote from: cabalism13 on March 31, 2019, 04:32:19 PM

This thing is also one of the strategies that has been using by some gamblers, the fact that there are also gambling platform that accepts multiple bets at a time, so playing with this strategy is quite good enough.

With this, you can just lose a small amount of money. And same goes if you win.

So who among you guys have tried this? Share the experience

Sidebet is also known as proposition bet in gambling. It is more or less popular in sports betting as well where it is known as side wager. But it is mainly a blackjack strategy. The strategy is also used in binary/forex trading but in a little different way to hedge against the risk taken by the trader.

I used to apply such techniques when I was into forex trading back in 2009 -10. It certainly lowers the risk you are taking but it also lowers the profitability from each executed trade.

Bitinity

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Are you referring to sidebets in blackjack game? As I have no ideas if there is other game with sidebet feature.
Unfortunately there is no bitcoin casinos offers this site (as per my experience). Even if there are some casinos, I dont think it is good decision to do sidebets because the house edge is big.

ralle14

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I only know sidebets from blackjack I don't like doing sidebets because it only exposes me to more risks but sometimes when I feel like it I do "bet behind". My best experience with betting behind on blackjack is I decided to let 1mbtc ride on a player because the seats were full on the low stakes table and after several rounds it became 10 mbtc. Can you share which gambling platform it is ? If it's interesting I might give it a try.

cabalism13

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This thing is also one of the strategies that has been using by some gamblers, the fact that there are also gambling platform that accepts multiple bets at a time, so playing with this strategy is quite good enough.

With this, you can just lose a small amount of money. And same goes if you win.

So who among you guys have tried this? Share the experience

Topic: Sidebet... A minimum loss... (Read 294 times)