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Topic: The House always wins. - page 16. (Read 8267 times)

sr. member
Activity: 2436
Merit: 455
September 10, 2016, 07:25:18 AM
#62
I'm not a gambler but I might agree to you that "The house always win" but not that "always" you know. Because if the house always win, do you think there would be any gamblers would gamble? I don't think so, they don't always win for them to earn more. The gambler would play more because he thinks that he's good in what he's playing but technically this is the house doing for them to make the player more addicted to gambling so that they will have always customers.
legendary
Activity: 1946
Merit: 1137
September 09, 2016, 11:54:39 PM
#61
this is one of the most paranoid post i have ever seen in the gambling section.

So this is my case from FreeBitCo.in but sure would be the case with any Gambling website. Modified the more famous martingale script available all over the internet so that it extends the game play with some added tricks and tweaks to the script so that it takes its own time to run, with little profits along the way.

freebitco.in is a faucet and you should only use it as a faucet not a dice gambling site, just use a proper site which is proven to be fair (although i think freebitco is also fair but never checked it myself)

Quote
The saying of being provably fair is also not a valid point. It is written inside the system that it has to make sure the user loses if he/she is dumb enough to play for a long period of time.
-snipped-

if you don't understand how the provably fair system works that is on but it doesn't mean it is cheating you. just because you "think" it is possible.
besides the rolls are not connected to each other so there is nothing saying you should win if you lose say 20 times in a row. so even if you lose 20 times you may lose 21 and so on if you are not lucky.

Quote
-snipped-
Conclusion:
-snipped-

bottom line is that if you can't handle loss, then don't gamble. gambling is a game of luck so sometimes you are lucky and sometimes you are not and end up losing.

and if you are not convinced go look at the code and start your own dice script offline on your computer and then let it run for hours and see how the results are. then you will be convinced.
sr. member
Activity: 377
Merit: 252
September 09, 2016, 08:30:01 PM
#60
Well this is business.no one ever in business that they likely to loose. thats why the house is always the advantage to win.So maybe if your are lucky you can win some.but i doubt on in.even they have provably fair in there website.They know how to control over it.so that why they will never loose on the player.
sr. member
Activity: 364
Merit: 254
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September 09, 2016, 08:28:49 PM
#59
The odds are slightly in the favor of the house so yes they will get there share. Some people will get lucky and win but that means that there is someone else that lost money. It's just the odds of gambling.
hero member
Activity: 1568
Merit: 511
September 09, 2016, 08:24:32 PM
#58
short run = user
long run = house

edge even with 0.5% edge, its crucial
legendary
Activity: 1456
Merit: 1005
September 09, 2016, 08:01:38 PM
#57
This kind of argument that the house always win has been proven.  Lots of dice player here can testify to that.  The house will let you win for sometime and then will give you consecutive  defeat until you runs out of  money.  Even with a huge amount of bankroll, if house edge kicks in, you may lost all of it.

Classic gambler's fallacy... If you are playing on a provably fair site then what you are saying is simply wrong... The house will not "let you win" and it won't "give you consecutive" losses. It all comes down to probabilities and luck. You will win because you are lucky and you will lose because you are unlucky and the longer you play the greater probability is to encounter bigger streaks (both winning and losing streaks). Also remember you are always playing against the odds due to the house edge.

True, what you said is correct. All these probably games are designed to have just fun by guessing what happens next and enjoy the outcome. In this game tough to guess the result and it fully depends only on luck. In this game you may win some continues bets and also continuous losses need to face but no one knows when it will come in. But most of us think that wins will come in at the begging and losses will come in when we bet bigger amounts but that is not correct.
legendary
Activity: 1512
Merit: 1000
September 09, 2016, 02:12:54 PM
#56
Probably yes because they know your IP Address that is why you dont need to play everyday in gambling site that is my technique. Just play 2 days a week so that the house will not notice your IP Address and just bet as low as it is to avoid the detection of the house because they are not interested in small bet. Take this as an advatage of yours.

I noticed this also on BitZino playing craps. Whenever I play a lot over 5 or 6 consecutive days, I notice I will start having a downswing. It's very predictable. When I play intermittently and from different IP addresses with my mobile, I don't get the downswings at all.

And yes, the House always wins in when it comes to dice and casino games. Anyone who doesn't believe that, doesn't understand simple math. If you want to profit long term from gambling, learn poker or sports betting.
sr. member
Activity: 350
Merit: 250
September 09, 2016, 07:59:33 AM
#55
250 loses in a streak... provably fair game.... lol.
i always knew it wasnt provably fair, i dont know how they do it but they definitely do it.
legendary
Activity: 1078
Merit: 1000
September 09, 2016, 07:38:59 AM
#54
Probably yes because they know your IP Address that is why you dont need to play everyday in gambling site that is my technique. Just play 2 days a week so that the house will not notice your IP Address and just bet as low as it is to avoid the detection of the house because they are not interested in small bet. Take this as an advatage of yours.

If you said about IP address there is vpn that always help you to change IP address so there is no worry though but actually gambling is depends on your luck not from your IP address. And how come they doesnt know it? Because every single thing that happened on their site they will know it or later they cant fix things
sr. member
Activity: 644
Merit: 250
September 09, 2016, 06:22:20 AM
#53
Probably yes because they know your IP Address that is why you dont need to play everyday in gambling site that is my technique. Just play 2 days a week so that the house will not notice your IP Address and just bet as low as it is to avoid the detection of the house because they are not interested in small bet. Take this as an advatage of yours.
hero member
Activity: 532
Merit: 500
July 29, 2016, 06:37:55 AM
#52
This kind of argument that the house always win has been proven.  Lots of dice player here can testify to that.  The house will let you win for sometime and then will give you consecutive  defeat until you runs out of  money.  Even with a huge amount of bankroll, if house edge kicks in, you may lost all of it.
Yup, the Dice game itself, made like that. When we start to play it will always favour to us. Once we started hitting win back to back. Naturally, our betting amount will increase so in that time, and our bad luck we will start losing our bet within few rolls our wallet will become empty. So OP only is telling the house always wins.
hero member
Activity: 546
Merit: 500
July 29, 2016, 06:22:51 AM
#51
This kind of argument that the house always win has been proven.  Lots of dice player here can testify to that.  The house will let you win for sometime and then will give you consecutive  defeat until you runs out of  money.  Even with a huge amount of bankroll, if house edge kicks in, you may lost all of it.

Classic gambler's fallacy... If you are playing on a provably fair site then what you are saying is simply wrong... The house will not "let you win" and it won't "give you consecutive" losses. It all comes down to probabilities and luck. You will win because you are lucky and you will lose because you are unlucky and the longer you play the greater probability is to encounter bigger streaks (both winning and losing streaks). Also remember you are always playing against the odds due to the house edge.
hero member
Activity: 756
Merit: 500
July 29, 2016, 05:58:33 AM
#50
i wonder how op survive with 256 reds

Haha, I think the OP just wants to prove that the house is indeed more advantaged than gamblers, so the OP would willingly do so. This is very good, as to remind us to do good by way of gambling and the use of gambling without greed, because doing so will get your addiction and addiction is the beginning of destruction
legendary
Activity: 2954
Merit: 1153
July 29, 2016, 05:02:59 AM
#49
This kind of argument that the house always win has been proven.  Lots of dice player here can testify to that.  The house will let you win for sometime and then will give you consecutive  defeat until you runs out of  money.  Even with a huge amount of bankroll, if house edge kicks in, you may lost all of it.
copper member
Activity: 1442
Merit: 529
July 29, 2016, 04:28:09 AM
#48
Well OP thanks for the long explanation although anyone of us knew this already. But this is funny as it reminds me of a funny story. The university of Canada (don't remember which one) did a test to check if males watched porn. They took 7000 persons to take this tests and it turned out they all did watch porn. My comment to them was, do we really need a test to know if all males watch porn ? Same with dice sites Smiley
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
July 29, 2016, 04:07:17 AM
#47
hero member
Activity: 546
Merit: 500
July 29, 2016, 01:32:11 AM
#46
hero member
Activity: 1246
Merit: 534
July 29, 2016, 01:27:57 AM
#45
First if you play dice on 2X its not 50/50, its more like 49.5% chance for you.
Now look that this way, you have bankroll 1000$ and play 1$ each bet, you will hit 495 times 2X and lose 505 times. Your bankroll is now 990$. Now bet 1$ again, and you will win 490.05 times and lose 499.95 times, and that will leave you with 980.1$. Do you see patern here? It doesn't have anything to do with house, its pure math.

It is simple 1% house edge which are using most of the dice sites at the moment. I also have no doubt about this the house always win but if someone has big bankroll to play than he can make profit by using some tricks to change the base bet amount there. as op get started with small amount and I think it is like to make donation to the house.
Yeah, they always win because no matter what happens, from the start that you bet, you already loose 1%, which is the house edge.
hero member
Activity: 714
Merit: 500
July 29, 2016, 01:23:05 AM
#44
First if you play dice on 2X its not 50/50, its more like 49.5% chance for you.
Now look that this way, you have bankroll 1000$ and play 1$ each bet, you will hit 495 times 2X and lose 505 times. Your bankroll is now 990$. Now bet 1$ again, and you will win 490.05 times and lose 499.95 times, and that will leave you with 980.1$. Do you see patern here? It doesn't have anything to do with house, its pure math.

It is simple 1% house edge which are using most of the dice sites at the moment. I also have no doubt about this the house always win but if someone has big bankroll to play than he can make profit by using some tricks to change the base bet amount there. as op get started with small amount and I think it is like to make donation to the house.
hero member
Activity: 1232
Merit: 503
July 29, 2016, 12:35:49 AM
#43
i wonder how op survive with 256 reds
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