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Topic: the betting increse more and more lose, Why? - page 2. (Read 1409 times)

legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
December 09, 2015, 04:55:11 PM
#28
hi, why a gambling site, the more i bet higher the possibility of the loss bigger.
till my balance is not sufficient anymore to bett again Smiley I often have it . whether other gambling sites are also the same, apply it as it also Huh Huh


I'm guessing you're using martingale as a system to bet on, which is bad because sooner or later you will get that losing streak and lose your balance.
You should know that the chances of you winning or losing have nothing to do with amount you're betting or the amount of bets you did,
if the site is provably fair that is, and you can easily check that out.

cheers
hero member
Activity: 924
Merit: 1001
December 09, 2015, 03:46:19 PM
#27
Because the owner is always win in the end no matter what happen even you reverse the world the owner always win...
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
December 09, 2015, 03:00:23 PM
#26
by the way this won't change the odds , when you lose three rolls in a row the odds of winning the 4th roll will stay 49.5%
that way of thinking what makes people believe in martinagle , cause they think that after getting a big amount of highs they will get a low after that
dice will never remember what the previous roll was  Wink
Yeah that's true! But since we're gambling I tend to impose some behavior or pattern in the game which is completely stupid but it just gives me more confidence in betting rather then just lazily clicking the buttons.At the end of the day its all based on luck but its good to follow your own ideas and assumptions I reckon.
legendary
Activity: 2436
Merit: 1804
guess who's back
December 09, 2015, 02:55:24 PM
#25
Its because you are doing it wrong! Instead of depositing with very high amounts at first, try betting with smaller amounts and see how the game works.Even though the rolls or spins are completely random you can still study a sort of patters.
Here's how I do it:
First play any game with smaller bets ,like even free faucets would do.

Consider a simple dice game for example :
Assume I'm betting on high here
1st roll : Low win
2nd roll: Low win
3rd roll: Low win
Now 4th Roll I'm sure it WILL be more probability of HIGH win as there has already been 3 low's so I'll take a risk and put more money this time in the game (by more money i meant what I can afford to lose).
Works for me ,not every time but yeah obviously I carry out detailed analysis.

by the way this won't change the odds , when you lose three rolls in a row the odds of winning the 4th roll will stay 49.5%
that way of thinking what makes people believe in martinagle , cause they think that after getting a big amount of highs they will get a low after that
dice will never remember what the previous roll was  Wink
hero member
Activity: 778
Merit: 500
December 09, 2015, 02:26:06 PM
#24
Its because you are doing it wrong! Instead of depositing with very high amounts at first, try betting with smaller amounts and see how the game works.Even though the rolls or spins are completely random you can still study a sort of patters.
Here's how I do it:
First play any game with smaller bets ,like even free faucets would do.

Consider a simple dice game for example :
Assume I'm betting on high here
1st roll : Low win
2nd roll: Low win
3rd roll: Low win
Now 4th Roll I'm sure it WILL be more probability of HIGH win as there has already been 3 low's so I'll take a risk and put more money this time in the game (by more money i meant what I can afford to lose).
Works for me ,not every time but yeah obviously I carry out detailed analysis.

Hahhaha well that is a crazy method if you lose 3rd roll that you will be more lucky in the 4th roll.
Well maybe I am such a gambler so if I lose the 2nd roll I just stop.
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
December 09, 2015, 02:03:16 PM
#23
Its because you are doing it wrong! Instead of depositing with very high amounts at first, try betting with smaller amounts and see how the game works.Even though the rolls or spins are completely random you can still study a sort of patters.
Here's how I do it:
First play any game with smaller bets ,like even free faucets would do.

Consider a simple dice game for example :
Assume I'm betting on high here
1st roll : Low win
2nd roll: Low win
3rd roll: Low win
Now 4th Roll I'm sure it WILL be more probability of HIGH win as there has already been 3 low's so I'll take a risk and put more money this time in the game (by more money i meant what I can afford to lose).
Works for me ,not every time but yeah obviously I carry out detailed analysis.
sr. member
Activity: 476
Merit: 250
December 09, 2015, 02:00:22 PM
#22
Yeah if you bet the same thing over and over like just around 10 dollars then you will lose the money at the end.
I have heard when you bet more like 50 dollars you have a high chances that you will win some, but still lose.
legendary
Activity: 910
Merit: 1000
December 09, 2015, 12:23:25 PM
#21
The odds are always against so, just sometimes not...  Grin in other words, gamble dust and have fun, or let it be.

When a site says that it's probability fair, doesn't this mean you are playing at 50/50? Like 50% possibilities to win and 50% possibilities to lose? I think this is real probable fair, everything else is just bullshit, it's not fair even if it's 0.1+ in favor of the house.

No I think you are confusing it with Provably Fair, the house edge is different and most have a house edge, some very low but they have it. Provably Fair is that you can verify the play beforehand and after you bet so there's nothing shady going on.

Exactly. What you should look at is the house edge of the game. For example, for bitcoin dice games, most of the sites have a house edge of 1%, and it means the site is expected to take 1% of your wagered on the average in the probability sense.
legendary
Activity: 1568
Merit: 1000
December 09, 2015, 12:19:49 PM
#20
The odds are always against so, just sometimes not...  Grin in other words, gamble dust and have fun, or let it be.

When a site says that it's probability fair, doesn't this mean you are playing at 50/50? Like 50% possibilities to win and 50% possibilities to lose? I think this is real probable fair, everything else is just bullshit, it's not fair even if it's 0.1+ in favor of the house.

No I think you are confusing it with Provably Fair, the house edge is different and most have a house edge, some very low but they have it. Provably Fair is that you can verify the play beforehand and after you bet so there's nothing shady going on.
hero member
Activity: 910
Merit: 1000
「きみはこれ&#
December 09, 2015, 12:14:16 PM
#19
It seems like that to you because you pay more attention when betting bigger amounts, unless the site isnt provably fair. Sites like that cannot change the betting-win-probability dependig on the amount bet.
legendary
Activity: 2436
Merit: 1804
guess who's back
December 09, 2015, 12:13:08 PM
#18
hi, why a gambling site, the more i bet higher the possibility of the loss bigger.
till my balance is not sufficient anymore to bett again Smiley I often have it . whether other gambling sites are also the same, apply it as it also Huh Huh


when you are playing in a repu site which has provably fair system the odds won't change , it's still the same
I have survived many all in when I played dice using martinagle , but usually you don't remember these wins cause it's a part of the strategy right !! Smiley
but when we are talking about losing bets , everyone of us remember how he busted his money going all in , this maybe why you think that you lose a lot when you bet big , but as I said in general the odds of winning 1 bitcoin by betting 1 bitcoin is the same when you win 1 satoshi betting 1 satoshi
sr. member
Activity: 322
Merit: 250
December 09, 2015, 12:10:50 PM
#17
you gable for fun then you are not amused by that issues soo you try to correct into other casino
legendary
Activity: 1610
Merit: 1183
December 09, 2015, 12:03:13 PM
#16
The odds are always against so, just sometimes not...  Grin in other words, gamble dust and have fun, or let it be.

When a site says that it's probability fair, doesn't this mean you are playing at 50/50? Like 50% possibilities to win and 50% possibilities to lose? I think this is real probable fair, everything else is just bullshit, it's not fair even if it's 0.1+ in favor of the house.
full member
Activity: 224
Merit: 100
December 09, 2015, 09:40:00 AM
#15
After a couple of rounds of losing you should take it easy and try not to get your money back as quickly as possible.
You could lower your bets and try to raise that amount up again. Sometimes it takes time to win some.
hero member
Activity: 756
Merit: 503
Crypto.games
December 09, 2015, 09:32:39 AM
#14
hi, why a gambling site, the more i bet higher the possibility of the loss bigger.
till my balance is not sufficient anymore to bett again Smiley I often have it . whether other gambling sites are also the same, apply it as it also Huh Huh



this kind of situation is normal in gambling even when your
betting in low amount. betting bigger amount doesn`t affect
the chances of winning. its just that you are having a bad luck
or you can try betting lower so wont lose quickly.
legendary
Activity: 3514
Merit: 2246
🌀 Cosmic Casino
December 09, 2015, 09:21:26 AM
#13
hi, why a gambling site, the more i bet higher the possibility of the loss bigger.
till my balance is not sufficient anymore to bett again Smiley I often have it . whether other gambling sites are also the same, apply it as it also Huh Huh


If you are playing a provably fair site which checks out then you just have bad luck betting bigger amounts. It happens! In poker when I have played bigger games than I usually would I would get unlucky more than usual a hella lot not because it was rigged just the ways of the universe and law of averages going against you. Unfortunately when you want it to be working with you lol It just shows you to not bet the higher amounts.
whether a play gambling only need luck? if such 0% hope we will win at a gambling site Angry

That's a healthy approach IMO. Before starting gambling you should always think that way. So you can deposit $5 or $10, whatever you can afford to lose, and have fun gambling untill you lose all your balance. Then you might even win sometime, but you should never count on it.
legendary
Activity: 1344
Merit: 1000
December 09, 2015, 09:06:23 AM
#12
There is no difference in the winning chance regardless in the amount you bet. When you bet small, at least you can use martingale and win back with bigger bets. When you bet big, there is a very high chance you will bust all your capital when trying to win back your previous losses. Therefore, there is a high chance with bigger loss when you bet big.
sr. member
Activity: 406
Merit: 250
December 09, 2015, 08:57:58 AM
#11
Once you start losing, you should know when to stop and take a break and not keep on playing.
I think your losses also depends on what site you are playing on.
legendary
Activity: 3010
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
December 09, 2015, 05:27:49 AM
#10
you are correct playing gambling is purely luck and who is living for luck means he will just ruin his life, play according to the value you can lose that should not affect you, first first you will win on small , when you start betting big you will start lossing and for covering that loss you lose more and like this in the end you will be ended zero.

Tell that to me, I just lost about 1/3 of my BTC gambling Sad.

I guess OP is/was trying to martingale somewhere, if that strategy worked, there would not be betting sites (I am waiting right now for a guy on satoshidice who is martingaling to hit a bad luck strike, he is ruining my investment Angry!).
if OP was trying to martingale i think this strategy does not working any longer for certain sites because i was already did it several times and i lost all my balance with very fast
hero member
Activity: 640
Merit: 500
December 09, 2015, 01:16:55 AM
#9
hi, why a gambling site, the more i bet higher the possibility of the loss bigger.

Which site are you talking about? If you are playing on a fixed house edge site (eg PD), it should not be the case. If you are playing on a variable house edge site (eg Safedice), it would be normal but the actual win chance of each of your bets should be shown to you clearly beforehand.
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