The High Rollers and The Plebs - Who Wins The Most?

harizen

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Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

What does this tell you?
Does this mean that the higher the amount we wager at a go, the higher the chance of ending up profit at the end of the day?
Or do you think it is all based on luck?, that is to say that the account with $5 on it wasnt just lucky today and thereby was unable to make any profit no matter how small?

Those considered luck-based games such as dice, roulettes, slots, etc. are following a certain algorithm where the final result is randomly given. The provided house edge, RTPs, and any related thing that intends to give casinos an advantage also plays a big role in the result of each of our bets.

Therefore, regardless of whether the wagered amount is high or not, that obviously won't have any effect on your winning or losing chances.

I don't see what's the connection of the account's current balance on why a user wins or not. It's just that those high rollers have a large bankroll that can last in a long run making it possible that on the way, they might take home the big win.

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Quote from: Plaguedeath on October 28, 2022, 01:11:36 AM

What you need to know gambling isn't for money, but it's for fun

Everyone knows about this. But you can't stop people that are making a living with gambling because they do exist.

Quote from: Plaguedeath on October 28, 2022, 01:11:36 AM

If you can earn money through gambling, it's just lucky reward for you. House edge either for high rollers and the plebs are same, the different is the promotion and the contest they have. Usually the casino promotion and contest are only for high rollers, even though high rollers has a bad experience, but they can win via promotion and contest to recover their losses.

Contests do really have the measure for how high the rollers should be and that's why it is for them. But the chance of winning won't change that fact because it will be the same for all of the players whether you're a low or high bettor/roller.

Smartprofit

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Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

Like its normally said in my place that - we use money to look for money - it simply means that it is with money that we get get to make more money.

I am just starting out to become serious on gambling, so today, while watching the high rollers section in a casino, and also the all bets section, a thought came into my head, i began to wonder what makes this two different.
--one is a high roller, which simply means he bets with a very high amount of money at a go,
--the other is a pleb, which means he bets in way smaller amount of money.

So i wondered between this two, which of them have a higher chance at winning a significant amount of money ?
this thought pushed me to do a small experiment during the day,
i deposited $5 on one casino
and deposited $100 on another

I decided to play dice on both casinos,
for the $5, i set my bet amount at $0.5 for each roll,
and for the $100, i set bet amount at $10 for each roll
multiplier was set at 2x for both, and win chance on both account was around 50 percent.
And i then rolled the dice 10 times on each account respectively...

The end result is...
--On the account i deposited $5, it went as high as $7.8 but later settled at $0.154 as my current account balance
--And on the account i Deposited $100, it went as high as $396.95 but later settled at $194.83 as my current account balance

What does this tell you?
Does this mean that the higher the amount we wager at a go, the higher the chance of ending up profit at the end of the day?
Or do you think it is all based on luck?, that is to say that the account with $5 on it wasnt just lucky today and thereby was unable to make any profit no matter how small?

What do you think about this ?

In my opinion, the less often you bet in a casino, the more likely you are to win.

Casinos are interested in you gambling for a long period of time.

However, the longer you play and the more often you bet, the greater the likelihood of a big loss. Therefore, players with large cash capitals can play less often.

They can bet big, but rarely. This increases the likelihood of a favorable outcome of the game.

AmoreJaz

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Quote from: Yogee on October 28, 2022, 06:28:12 PM

Quote from: Fivestar4everMVP on October 28, 2022, 10:34:31 AM

Quote from: Bananington on October 28, 2022, 07:45:36 AM

Luck can make you win big with little bets, same luck on a bet with a good amount will get you more than the the little bet can. If you want to really win big, stop playing with little amount. If you keep playing with little amount, you will have to play with a lot of little amount most times before you can win big. The high rollers can choose to play with little amount, but they know that playing like that will give them nothing tangible, so they choose high rolling. If you can increase your bet without it becoming a problem to you, choose to be a high roller not the plebs.

Thank you for this wonderful point, though i appreciate every comment on this thread, but many did not truly understand the point i am driving to..
its just like someone used $1000 to buy Bitcoin at a price of $19,000
another person used $100 to also buy Bitcoin at the same price of $19,000
After a while, the price of bitcoin climbed 50 percent..

Now on lets put luck aside and face reality..

How much profit do you think they both made respectively?

The one that invested $1000 should now have $1500, that is extra $500 as profit
Meanwhile the one who invested $100 should now have $150, that's extra $50 as profit
Both had the same opportunity, one made more because he invested more, while the other made lesser because he invested lesser

i believe the above scenerio need no further explanation.

Your intention wasn't so clear in your original post. If it was your point to show profit percentages then of course the high roller would most likely end up with the higher figure. I thought you were talking about winning percentage based on the amount per roll and that's probably what most member in this thread were thinking too.

if it is in gambling, you would never know when will your luck hit you. so you can never tell when it is the right time to bet small or high. however, the OP's explanation is clear enough. but of course, how can you expect high profit if you are using small funds? that's very self-explanatory.
but if you consider the losses point of view, certainly, the high rollers will lose big. so who lost big in this case? Tongue

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Quote from: Fivestar4everMVP on October 28, 2022, 10:34:31 AM

Quote from: Bananington on October 28, 2022, 07:45:36 AM

Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

Does this mean that the higher the amount we wager at a go, the higher the chance of ending up profit at the end of the day?
Or do you think it is all based on luck?, that is to say that the account with $5 on it wasnt just lucky today and thereby was unable to make any profit no matter how small?

What do you think about this ?

Luck can make you win big with little bets, same luck on a bet with a good amount will get you more than the the little bet can. If you want to really win big, stop playing with little amount. If you keep playing with little amount, you will have to play with a lot of little amount most times before you can win big. The high rollers can choose to play with little amount, but they know that playing like that will give them nothing tangible, so they choose high rolling. If you can increase your bet without it becoming a problem to you, choose to be a high roller not the plebs.

Thank you for this wonderful point, though i appreciate every comment on this thread, but many did not truly understand the point i am driving to..
its just like someone used $1000 to buy Bitcoin at a price of $19,000
another person used $100 to also buy Bitcoin at the same price of $19,000
After a while, the price of bitcoin climbed 50 percent..

Now on lets put luck aside and face reality..

How much profit do you think they both made respectively?

The one that invested $1000 should now have $1500, that is extra $500 as profit
Meanwhile the one who invested $100 should now have $150, that's extra $50 as profit
Both had the same opportunity, one made more because he invested more, while the other made lesser because he invested lesser

i believe the above scenerio need no further explanation.

Your intention wasn't so clear in your original post. If it was your point to show profit percentages then of course the high roller would most likely end up with the higher figure. I thought you were talking about winning percentage based on the amount per roll and that's probably what most member in this thread were thinking too.

Fortify

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Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

Like its normally said in my place that - we use money to look for money - it simply means that it is with money that we get get to make more money.

I am just starting out to become serious on gambling, so today, while watching the high rollers section in a casino, and also the all bets section, a thought came into my head, i began to wonder what makes this two different.
--one is a high roller, which simply means he bets with a very high amount of money at a go,
--the other is a pleb, which means he bets in way smaller amount of money.

So i wondered between this two, which of them have a higher chance at winning a significant amount of money ?
this thought pushed me to do a small experiment during the day,
i deposited $5 on one casino
and deposited $100 on another

I decided to play dice on both casinos,
for the $5, i set my bet amount at $0.5 for each roll,
and for the $100, i set bet amount at $10 for each roll
multiplier was set at 2x for both, and win chance on both account was around 50 percent.
And i then rolled the dice 10 times on each account respectively...

The end result is...
--On the account i deposited $5, it went as high as $7.8 but later settled at $0.154 as my current account balance
--And on the account i Deposited $100, it went as high as $396.95 but later settled at $194.83 as my current account balance

What does this tell you?
Does this mean that the higher the amount we wager at a go, the higher the chance of ending up profit at the end of the day?
Or do you think it is all based on luck?, that is to say that the account with $5 on it wasnt just lucky today and thereby was unable to make any profit no matter how small?

What do you think about this ?

It's a broad topic and also relies on individual wits - there is no single answer anyone can give. A talented gambler will be able to identify their weaknesses and work to improve them, a bad gambler will leak money like water through a sieve. It doesn't really matter how much money you're throwing around if you have no control of your bankroll or you are recklessly throwing cash away. It also relies on the gambler having knowledge of whether their game involves skill or sheer luck - someone playing poker will be absolutely aware they have to play consistently to grind out a profit, yet someone playing slots has no skill involved besides pressing a button.

blockman

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High wager and low wager, the chances of winning won't change unless there's some algorithm on that casino that honestly tells and proves that the high rollers will have a more high chance of winning.
I don't think that there's one in existence that would say that they're going to have that feature because it's very unlikely that they'll give the favor, especially to the high rollers and that's why all have an equal chance of winning which is basically tells that luck is considered at all times.

lionheart78

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Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

What does this tell you?

In accordance to your example, it does tell me that gambling in a game of chance has a random result. That $100 can easily get 0 if you happen to meet a series of red streak, same goes with the smaller amount. Of course, bigger funds and bigger betting amounts can yield us better winnings since they are bigger, to begin with.

Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

Does this mean that the higher the amount we wager at a go, the higher the chance of ending up profit at the end of the day?

It is given that a winning bet of $10 yields a higher reward than a winning bet of $0.5. But of course we will never know which one will give us more profit at the end of the day because gambling result is random especially in a game of chance. As I stated we might end up at 0 bankrolls when betting with $100 fund or we can end up $400 when betting at $5 fund.

Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

Or do you think it is all based on luck?, that is to say that the account with $5 on it wasnt just lucky today and thereby was unable to make any profit no matter how small?

What do you think about this ?

A game of chance is based on luck. I think we all know this already

Sandra_hakeem

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Goodnight, ohh Leo!!! 🦅

That's just the simple rule in gambling and everyone seems to know that....the more you wager, the more you win, hehe ...but, that's applicable the other way round; the more you wager, the more you'll tend to lose...that's if you had the wrong bet.
It's a different language from : " the more you wager, the more your chances of winning" except you'd place 'em funds on different bets, that ideology is just an assumption, TAKE NOTE. In your case, I'd say that you're just being very lucky as is ain't really easy to predicts games to a win; but, don't expect that everytime you try....that's why I said you're lucky.

Sandra 💇

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If you want to see the win, you must see by percentage, not by the money you're winning or started.

It's not fair for the lowest bankroll against high roller because high roller have more bankroll rather lowest bankroll. That's why you need to see by the percentage total win counted from the bankroll not by how much money they can win.

Believe me, more bankroll you have more bet size you are gonna to do. 10$ bankroll with 100$ bankroll is always same the different just bet size they're gonna to do most the time.

ethereumhunter

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The people who will benefit from it all are really lucky and can get that luck. No need to worry about how much money you can bet, high roller or small money to bet. As long as they don't have luck, they won't be able to win and will lose money. But they surely would win if they could get lucky at that time.

So instead of thinking about the amount of the bet, you should think about how much you can afford so that if you lose, you won't regret it. And also you have to pay attention to the luck factor because this will help you to win.

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Quote from: Bananington on October 28, 2022, 07:45:36 AM

Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

Does this mean that the higher the amount we wager at a go, the higher the chance of ending up profit at the end of the day?
Or do you think it is all based on luck?, that is to say that the account with $5 on it wasnt just lucky today and thereby was unable to make any profit no matter how small?

What do you think about this ?

Luck can make you win big with little bets, same luck on a bet with a good amount will get you more than the the little bet can. If you want to really win big, stop playing with little amount. If you keep playing with little amount, you will have to play with a lot of little amount most times before you can win big. The high rollers can choose to play with little amount, but they know that playing like that will give them nothing tangible, so they choose high rolling. If you can increase your bet without it becoming a problem to you, choose to be a high roller not the plebs.

Thank you for this wonderful point, though i appreciate every comment on this thread, but many did not truly understand the point i am driving to..
its just like someone used $1000 to buy Bitcoin at a price of $19,000
another person used $100 to also buy Bitcoin at the same price of $19,000
After a while, the price of bitcoin climbed 50 percent..

Now on lets put luck aside and face reality..

How much profit do you think they both made respectively?

The one that invested $1000 should now have $1500, that is extra $500 as profit
Meanwhile the one who invested $100 should now have $150, that's extra $50 as profit
Both had the same opportunity, one made more because he invested more, while the other made lesser because he invested lesser

i believe the above scenerio need no further explanation.

Bananington

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Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

Does this mean that the higher the amount we wager at a go, the higher the chance of ending up profit at the end of the day?
Or do you think it is all based on luck?, that is to say that the account with $5 on it wasnt just lucky today and thereby was unable to make any profit no matter how small?

What do you think about this ?

Luck can make you win big with little bets, same luck on a bet with a good amount will get you more than the the little bet can. If you want to really win big, stop playing with little amount. If you keep playing with little amount, you will have to play with a lot of little amount most times before you can win big. The high rollers can choose to play with little amount, but they know that playing like that will give them nothing tangible, so they choose high rolling. If you can increase your bet without it becoming a problem to you, choose to be a high roller not the plebs.

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It seems to me that both high rollers and ordinary players have approximately equal chances of winning, it's just that the former appear in the news more often because of the size of their winnings and this is natural because they spend much more time in the game and the chance to win increases and then the quantity can turn into quality, but at the same time they also risk losing more.

aioc

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Quote from: Yogee on October 27, 2022, 06:56:00 PM

I'd say it's just coincidence unless there's a proof that casinos would increase the players' RTP when they bet higher. I don't think that's the case.

Why don't you try it a few more times so you can have a better data set? Play with the $100 on $10 bet per roll first then the $5 deposit on $0.5 per roll. Let's see the result.

I agree You can't have the fact in just one or two sessions, I think you can have a good picture if you have a set of betting amounts honesty this is a good experiment if you want to go for it, we'll know if the players' RTP when they bet higher, I have not think of this before and I guess many of us just go for it, if we are going to be lucky, we are going to be lucky or get busted we just don't know when just a matter of time it's up to us when we want to stop.

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Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

What does this tell you?
Does this mean that the higher the amount we wager at a go, the higher the chance of ending up profit at the end of the day?

This could be true, until probability catches up with you. As you can see in your experiment, you did have some good run, but eventually it settles down, like the first one wherein you only have $5 capital.

Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

Or do you think it is all based on luck?, that is to say that the account with $5 on it wasnt just lucky today and thereby was unable to make any profit no matter how small?

What do you think about this ?

Mostly based on luck mate, and that is the most important factor that we can't really control in this kind of experiment. What if in the $5 you will have successive wins, and on the contrary the $100 roll turns out to be series of losses?

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So anyway, I applied as a merit source :)

The one who wins the most is neither the high roller nor the pleb - it is the casino.

It is a EV- game, you cannot win by putting in more money but only if you get that chance or luck which may be temporary and hence cannot be predicted and therefore it is a game of chance. By doing more bets you are only making your money more loss-worthy to the casino.

On the other hand if you win a big amount and immediately cash out, technically you have beaten the casino but only if you never ever spend on a casino in future. In most cases this is false because a winning bets fuels in more confidence to bet.

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Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

What does this tell you?
Does this mean that the higher the amount we wager at a go, the higher the chance of ending up profit at the end of the day?
Or do you think it is all based on luck?, that is to say that the account with $5 on it wasnt just lucky today and thereby was unable to make any profit no matter how small?

What do you think about this ?

I don't believe one casino is making your chances to win higher just because you are betting less. It's just the same because it's the system that will give the numbers out. The same goes for high rollers, it's a provably fair system so I doubt they have a lesser chance to win.
They just feel the loss more because they input a higher amount in their bet.

When you start gambling on sports it becomes way different because you are also relying on your deep analysis of the game.
I think this is why I don't do dice and slots anymore as I don't want a computer deciding my chances.

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Quote from: n0ne on October 27, 2022, 06:52:45 PM

There is no difference between the high roller and the low amount usage on gambling. Particularly with Dice, you'll end up losing or winning based on your luck. It is a game of probability, and the one holding the luck will succeed. At times it looks like the high roller wins, but the very next time you might experience the growth from low amounts. Every bet can be verified, and that is how you can confirm there is nothing as high roller wins and low amounts don't.

In a game where it is based with pure luck and chance, regardless if you are a high roller or a minimum wager, you get to win and lose eventually. Although in some instances, high rollers mostly gain huge amount, but they can also lose huge amount in an instant. Same with small wagers too, they can win small amount for a short period of time, they can also lose them instantly. So I agree on this, high rollers and small wagers have no difference at all.

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Quote from: Fivestar4everMVP on October 27, 2022, 06:40:22 PM

Like its normally said in my place that - we use money to look for money - it simply means that it is with money that we get get to make more money.

I am just starting out to become serious on gambling, so today, while watching the high rollers section in a casino, and also the all bets section, a thought came into my head, i began to wonder what makes this two different.
--one is a high roller, which simply means he bets with a very high amount of money at a go,
--the other is a pleb, which means he bets in way smaller amount of money.

So i wondered between this two, which of them have a higher chance at winning a significant amount of money ?
this thought pushed me to do a small experiment during the day,
i deposited $5 on one casino
and deposited $100 on another

I decided to play dice on both casinos,
for the $5, i set my bet amount at $0.5 for each roll,
and for the $100, i set bet amount at $10 for each roll
multiplier was set at 2x for both, and win chance on both account was around 50 percent.
And i then rolled the dice 10 times on each account respectively...

The end result is...
--On the account i deposited $5, it went as high as $7.8 but later settled at $0.154 as my current account balance
--And on the account i Deposited $100, it went as high as $396.95 but later settled at $194.83 as my current account balance

What does this tell you?
Does this mean that the higher the amount we wager at a go, the higher the chance of ending up profit at the end of the day?
Or do you think it is all based on luck?, that is to say that the account with $5 on it wasnt just lucky today and thereby was unable to make any profit no matter how small?

What do you think about this ?

Of course the high roller is advantaged.Just check for example the name of the slot in google followed by the words "big win" and you will see that all the big winners are playing with higher bets.The pleb or the small bettor even if he wins he will not go much higher because those are the payouts of the slot machines or other casino games that we play.

It is also a double edge sword because the high roller tend to go bust really fast if he is not lucky while the pleb even if he is not lucky he can play much longer thus having better probability to at least minimize the loss.Of course when luck is by your side the high roller is greatly favored compared to the pleb.

Topic: The High Rollers and The Plebs - Who Wins The Most? (Read 246 times)