Topic: The most profitable gambling sites/methodes (Read 3455 times)
I recommend that please leave this hobby just waste of time and waste of money and investment in somewhere is better option then this you can do something with this but not with betting
I started playing at Bitoomba I've heard about it through this forum, I picked their game Bitoomba Roulette this game excite me because of the user-interface and once I placed my bet I just have to wait before the ball start spinning. They also offer QR Code which is pretty awesome when you are using your phone. Regarding with the pay-outs I must say winning is pretty awesome
I recommend bit777. it's actually quite fun.
(...) Apart from that, I heard about a winning system on roulette which is statistically proven. Also Baccarat is a very good game to make money on. (...)
What is the name of that system? Martingale?
LOLMartingale is a relatively good system, but it takes the fun and thrill out of gambling. What I usually do is see which 2 sectors are hotter and then cover all splits and corners of all numbers in the sectors plus a couple numbers related to birth dates. If I am lucky enough, I get quite a good profit out of it.
(...) Apart from that, I heard about a winning system on roulette which is statistically proven. Also Baccarat is a very good game to make money on. (...)
What is the name of that system? Martingale?
LOL 
Does that mean the jackpot is never over 1 BTC?
No, the jackpot must be 1 BTC before it can be collected.
There is a happy balance with progressive jackpots, one which we are still fine tuning.
Difficult to collect = Players will often ignore it until it builds to an incredible level.
Easy to collect = The jackpot never builds to much.
Jackpot Donation is to big = Players wont play the game until the jackpot is active as games with a large jackpot donation % often have poor payouts when the jackpot is not active.
As Roulette is our main game, we run a heavy donation % at our own expense and enforce a minimum jackpot size. This allows the jackpot to build to a level that when active will always have a positive EV while keeping the jackpot easy to collect.
On the other hand we have a game called minidice where the max bets are very low the jackpots are always active, thus providing some low hanging fruit for our penny bettors.
Then we have Jackpot Dice and Reverse Dice - our satoshidice inspired games. Designing a dice game that has better multipliers than SDice while including a progressive jackpot was not an easy task. The end result as you can see is a tiny jackpot donation complimented with a high average payout and 2 jackpot triggers to ensure the jackpot builds to an impressive level before becoming active.
Then you should check out our jackpot roulette when the jackpot is active. This is a screenshot of the payout percentages from the most recent time it was active:
I think the satoshidice game was really +EV when I won it. Like over 200% payout or some such.
Also, a quick glance at your site shows me:
Jackpot
Total 0.5 BTC
Limit 1 BTC
Does that mean the jackpot is never over 1 BTC?
There is no gambling site that is profitable
False, we a frequently profitable to the player when a jackpot is active.
I guess my best result would be on satoshidice's progressive game when they first introduced it.
Then you should check out our jackpot roulette when the jackpot is active. This is a screenshot of the payout percentages from the most recent time it was active:
bitfair, why don't you try to run the exchange instead of selling? From what I am seeing, there are plenty of sports bettors who use bitcoins and they would most likely appreciate it.
Thanks for the encouragement - I started out wanting to run it myself, but the last year a number of other projects have been increasingly taking up my time. I think it could be well worth-while running it myself, but other obligations limit quite dramatically the time I am able to dedicate to it.
I started out wanting to scratch my own itch, so to speak, and having seen a number of these threads, I'm sure many other bitcoiners would appreciate the service.
Anyway, since I think it would be a pretty lucrative business, if anyone would be interested in partnering rather than purchasing and accepting the main administrative responsibility, I would consider that too. Let me know!
bitfair, why don't you try to run the exchange instead of selling? From what I am seeing, there are plenty of sports bettors who use bitcoins and they would most likely appreciate it.
There is no gambling site that is profitable, except Poker because you play against other players and not against the house. Poker is the only one with positive expected value.
If someone know another +EV game, I'd like to know.
If someone know another +EV game, I'd like to know.
Most gambling sites are profitable to their owners, though.
On an unrelated note, I have developed a gambling website [in fact, a Betting Exchange - the awesomest type of gambling site] that I am trying to sell: https://bitcointalksearch.org/topic/wts-bitcoin-betting-exchangeprediction-market-site-to-earn-bitcoins-191126
Today, you have to be a genius or you have to use a device to count cards, which is illegal. It's a lot more difficult.
This is a fallacy. Counting cards is as easy as keeping a number in your head, adding 1 whenever you see a 2-6 and subtracting 1 whenever you see a T-A. Start at zero, and bet higher when the number is higher. That's enough to profit so long at they play deep enough into the shoe without shuffling.
I used to just switch tables whenever the count went negative, because that would cause the software to reshuffle the cards.
It is still possible in Vegas. I know someone that does it successfully. They go with an entire team and make a lot of money out of it each time. Apart from that, I heard about a winning system on roulette which is statistically proven. Also Baccarat is a very good game to make money on.
10X for the compliment, I am glad you like it
10X for the compliment, I am glad you like it
Loosing players have a negative EV because some players are better than them. But poker is a +EV game for decent players.
I lived two years from poker and one year in Phuket Thailand. I'm not the best player around but I've studied the game a lot and I think everybody with two neurons can do that.
You can study craps or roulette for a year, you will still lose in the long run because it's a negative EV game.
Playing roulette or craps can be fun, no problem with that. When I do it, I know it's gambling and sometimes I like it.
Poker is a different process.
I've just won 2.5 BTC on SwC, I like this game ;-)
Yes that is what I am talking about. It really depends which group of players you represent. And on another note same can be said for BlackJack players. Some of them win big. They call them "Skilled players". So it really depends on which group of players you represent no matter if it is a casino or a poker room.
A long time ago, some players won big in black jack by counting cards. Today, you have to be a genius or you have to use a device to count cards, which is illegal. It's a lot more difficult.
By the way, your casino look nice.
And on another note same can be said for BlackJack players. Some of them win big. They call them "Skilled players". So it really depends on which group of players you represent no matter if it is a casino or a poker room.
I forget how much I'm up on blackjack from card counting, but something like 30 or 40 BTC I think. I taught my girlfriend how to do it too, and she won a similar amount. It's hard to find sites stupid enough to run online games that you can beat by counting, but it was still possible last time I checked. The tiny edge available now however makes it not worth doing.
Other non-skill games (because following simple rules like card counting isn't really 'skill', not like poker IMHO) that can still be +EV for the player include things like lotteries (bitmillions.com) which are +EV when the prize pools are big enough, and any game with a progressive pot (like lots of video poker games - just work out how big the pot needs to be to be +EV and play when it's big enough).
I've also found bitzino to be +EV at times because the site's owner tips sometimes when I find and report bugs on the site. The tips offset my gambling losses.
Loosing players have a negative EV because some players are better than them. But poker is a +EV game for decent players.
I lived two years from poker and one year in Phuket Thailand. I'm not the best player around but I've studied the game a lot and I think everybody with two neurons can do that.
You can study craps or roulette for a year, you will still lose in the long run because it's a negative EV game.
Playing roulette or craps can be fun, no problem with that. When I do it, I know it's gambling and sometimes I like it.
Poker is a different process.
I've just won 2.5 BTC on SwC, I like this game ;-)
Yes that is what I am talking about. It really depends which group of players you represent. And on another note same can be said for BlackJack players. Some of them win big. They call them "Skilled players". So it really depends on which group of players you represent no matter if it is a casino or a poker room.
yea but theory doesn't always match the real life So i'am just asking in witch game people won mostly, in real life, not theretically
So i'am just asking in witch game people won mostly, in real life, not theretically I guess my best result would be on satoshidice's progressive game when they first introduced it.
The odds were hugely in the player's favour for a while. I bet 1 BTC twice and won 22.25 BTC
They've fixed the game now so it's almost always a really bad deal for the player. But it's worth watching out for times when games are +EV.
That statement is not entirely correct.
The honest truth is that 90% of poker players have a negative EV. That has been proven by a few hundred years of poker play in both land-based and online poker rooms. 90% of the players always lose their money to the 10% professional players in the room.
So unless you are a professional poker player, your chance is close to 100% to lose all your money to a pro, a room local, or whatever you call them.
The honest truth is that 90% of poker players have a negative EV. That has been proven by a few hundred years of poker play in both land-based and online poker rooms. 90% of the players always lose their money to the 10% professional players in the room.
So unless you are a professional poker player, your chance is close to 100% to lose all your money to a pro, a room local, or whatever you call them.
Loosing players have a negative EV because some players are better than them. But poker is a +EV game for decent players.
I lived two years from poker and one year in Phuket Thailand. I'm not the best player around but I've studied the game a lot and I think everybody with two neurons can do that.
You can study craps or roulette for a year, you will still lose in the long run because it's a negative EV game.
Playing roulette or craps can be fun, no problem with that. When I do it, I know it's gambling and sometimes I like it.
Poker is a different process.
I've just won 2.5 BTC on SwC, I like this game ;-)
That statement is not entirely correct.
The honest truth is that 90% of poker players have a negative EV. That has been proven by a few hundred years of poker play in both land-based and online poker rooms. 90% of the players always lose their money to the 10% professional players in the room.
So unless you are a professional poker player, your chance is close to 100% to lose all your money to a pro, a room local, or whatever you call them.
The honest truth is that 90% of poker players have a negative EV. That has been proven by a few hundred years of poker play in both land-based and online poker rooms. 90% of the players always lose their money to the 10% professional players in the room.
So unless you are a professional poker player, your chance is close to 100% to lose all your money to a pro, a room local, or whatever you call them.
As KarlChappe said, anytime you play against the house you have a negative EV. Playing against others and giving the house a cut, you might have a positive EP, depending on skill and/or luck. When someone has +EP, someone else has to have -EP. In the end, they're zero-sum games (minus the fees).
There is no gambling site that is profitable, except Poker because you play against other players and not against the house. Poker is the only one with positive expected value.
If someone know another +EV game, I'd like to know.
If not, learn poker, come to SwC and forget about pseudo winning gambling method.
Take a look at our games If you open account, send me your username and I'll put some credits for testing purposes.
If you open account, send me your username and I'll put some credits for testing purposes. SRoulette, by the way, not that I want to patronage the competition, but your games are one of the very few I like in the bitcoin world. Pretty good job.
Oh WOW, That is some huge flattery and thank you kind sir/ madam
.If we are to be outclassed by anyone (hehe I kid, we are outclassed by many) then I would prefer it to be your site.
I have not created an account yet, but I have had a click through and props to you and your team for the excellent site design.
Honestly Im very jealous of the site its well presented and has a nice consistent feel.
You prompted me to go looking for a talented web designer again
Best of luck in your endeavour.
Quote from: Ignas24
most profitable gambling sites
Hi Ignas24,If you want to be on the safer side, check out video poker at our casino https://playt.in. This very game has a payout rate of 99.8%. FYI there is a neat comparison table (the big green one) at http://betwithbtc.com/ where you can compare the payout rates of most games across all gambling sites.
And while I cannot go into details here, I can tell you that we had quite a few players winning and withdrawing some serious amounts. So I guess that made our site quite profitable for them
Have fun
SRoulette, by the way, not that I want to patronage the competition, but your games are one of the very few I like in the bitcoin world. Pretty good job.
Hey guys, i just want to ask everyone, whats your favorite gambling site
SatoshiRoulette.com of course, I love their progressive jackpots.
My personal blockchain.info wallet says Im up 140 btc from playing against satoshidice.com
Im not really a huge bettor, I made those btc back when the price was below $10.( or other method) that made you the most bitcoins.
Mining 24x7 and upgrading / reinvesting in equipment every 6 months and sitting on mined bitcoins for at least 6 months before selling.Waiting on an avalon I went shares in to arrive, if everything checks out I will be buying 2-4 avalons personally
You are welcome to win as much as you can at our casino
Hey guys, i just want to ask everyone, whats your favorite gambling site
SatoshiRoulette.com of course, I love their progressive jackpots.
My personal blockchain.info wallet says Im up 140 btc from playing against satoshidice.com
Im not really a huge bettor, I made those btc back when the price was below $10.( or other method) that made you the most bitcoins.
Mining 24x7 and upgrading / reinvesting in equipment every 6 months and sitting on mined bitcoins for at least 6 months before selling.Waiting on an avalon I went shares in to arrive, if everything checks out I will be buying 2-4 avalons personally
No Zero Roulette 346 Games 1971.75 Bet 1967.25 Won 99.77% Payout
That's from just 10 credits (0.10BTC). With these stats you might as well be winning our Competiton!
That's from just 10 credits (0.10BTC). With these stats you might as well be winning our Competiton!
You guys really jumped on the No Zero didn't you One of you was up to 1.2BTC and played close to 300 games on the No Zero just few minutes ago. Impressive!
One of you was up to 1.2BTC and played close to 300 games on the No Zero just few minutes ago. Impressive! Hey guys, i just want to ask everyone, whats your favorite gambling site
SatoshiRoulette.com of course, I love their progressive jackpots.
My personal blockchain.info wallet says Im up 140 btc from playing against satoshidice.com
Im not really a huge bettor, I made those btc back when the price was below $10.( or other method) that made you the most bitcoins.
Mining 24x7 and upgrading / reinvesting in equipment every 6 months and sitting on mined bitcoins for at least 6 months before selling.Waiting on an avalon I went shares in to arrive, if everything checks out I will be buying 2-4 avalons personally
the one with the highest expected value? it's called NOT GAMBLING. mathematically proven too.
where's the fun in that
bitbook.biz
You could play the No Zero Roulette on our site. It has 0.00% House edge. Then it comes down to luck.
the one with the highest expected value? it's called NOT GAMBLING. mathematically proven too.
Theoretically, highest winning odds are on Peerbet because you have always positive expected value in long run.
yea but theory doesn't always match the real life
So i'am just asking in witch game people won mostly, in real life, not theretically 
Theoretically, highest winning odds are on Peerbet because you have always positive expected value in long run.
Satoshicircle and Bitbattle are cool
Oh and of course SealsWithClubs even thought I'm garbage at Poker
Oh and of course SealsWithClubs even thought I'm garbage at Poker
And how much have you won in those sites?
down down down down
For me, the best site is https://bitzino.com/ although i haven't won very much, since i started playing in it just this week.
Bitzino is very nice and fun to play, but I usually end up playing easy holdem and let it ride at https://playt.incheck out my sig
Actually i did try Bitcoin - minefield, but somewhy i haven't won any btc, just lost a litle bit. I tried to find some strategy in it, not just random clicking, but that haven't helped me too.
check out my sig
Satoshicircle and Bitbattle are cool
Oh and of course SealsWithClubs even thought I'm garbage at Poker
Oh and of course SealsWithClubs even thought I'm garbage at Poker
And how much have you won in those sites?
Satoshicircle and Bitbattle are cool
Oh and of course SealsWithClubs even thought I'm garbage at Poker
Oh and of course SealsWithClubs even thought I'm garbage at Poker
Hey guys, i just want to ask everyone, whats your favorite gambling site ( or other method) that made you the most bitcoins. And if posible how many bitcoins. Just curiuos in which site you guys spend the most time
For me, the best site is https://bitzino.com/ although i haven't won very much, since i started playing in it just this week.
Sooo, what are your favourite sites and how many bitcoins they made for you?
For me, the best site is https://bitzino.com/ although i haven't won very much, since i started playing in it just this week.
Sooo, what are your favourite sites and how many bitcoins they made for you?
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