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Topic: VOTE! What is the best bet size for you? (Read 3969 times)

legendary
Activity: 1988
Merit: 1317
Get your game girl
October 22, 2015, 08:43:11 AM
Minimum should be the smallest unit, which is 1 satoshi. People should have right to play whatever amount they want.

Really 1 sathoshi ? I think they bet organizers need to keep it neutral on both the sides.They cant have one better investing 1 sathoshi on an odd and on the other side some other guy investing 1btc on the odd.If thats the case I think the bookies would have to pay the winning amount from their pockets and they would be left with nothing more than 2 sathoshi's.  Grin
sr. member
Activity: 378
Merit: 250
October 21, 2015, 01:13:41 PM
I think micro transactions are more of my kind of thing (1 cent or less). Gambling is something I do for fun not to make money.
hero member
Activity: 826
Merit: 1000
October 21, 2015, 01:03:07 PM
Since I'm really bad and lose near every time, I play only with really small amounts, generally around 150 satoshis, so less than 1 cent Wink ! This only apply to dice sites. With sports betting, you should consider betting at least 0,001BTC or 0,01BTC.

I think what you said on dice game betting is correct and even if you bet less than 150 satoshi also find because any way we can't win from these dice games. But in sports betting it depends on how much you know about team strength and player then you can decide your betting amount. Some time if your very sure that some team will going win then you can bet more on those teams make some extra money. Wink

150 satoshi in dice game may be boring after some times even you make some consistent profits. Gambling are more interesting when we take more risks. But I gamble in alt coins in some specific sites. Dice game also now a days available for alternate crypto-currencies.
hero member
Activity: 910
Merit: 1000
October 17, 2015, 08:08:30 AM
Since I'm really bad and lose near every time, I play only with really small amounts, generally around 150 satoshis, so less than 1 cent Wink ! This only apply to dice sites. With sports betting, you should consider betting at least 0,001BTC or 0,01BTC.

I think what you said on dice game betting is correct and even if you bet less than 150 satoshi also find because any way we can't win from these dice games. But in sports betting it depends on how much you know about team strength and player then you can decide your betting amount. Some time if your very sure that some team will going win then you can bet more on those teams make some extra money. Wink
legendary
Activity: 2436
Merit: 1804
guess who's back
October 17, 2015, 06:46:22 AM
I think rather then selecting a custom size for the bet ,there should be custom winnings on the bet.No matter how much coins you are ready to put ,you're returns will be based on that.This will temp users to put more money to get more returns.According to me any size more than 50 cents should be allowed to place on a bet if the returns are twice the amount put .

I think that I didn't get your point , how your returns should be based on custom winnings on the bet !!
rules stay rules in all games , sometimes there are more giveaways for high rollers
for betting size I guess in dice it should remain the same , cause at the end the player will bust
legendary
Activity: 1120
Merit: 1004
October 17, 2015, 06:09:12 AM
Since I'm really bad and lose near every time, I play only with really small amounts, generally around 150 satoshis, so less than 1 cent Wink ! This only apply to dice sites. With sports betting, you should consider betting at least 0,001BTC or 0,01BTC.
legendary
Activity: 1988
Merit: 1317
Get your game girl
October 14, 2015, 09:23:15 AM
I think rather then selecting a custom size for the bet ,there should be custom winnings on the bet.No matter how much coins you are ready to put ,you're returns will be based on that.This will temp users to put more money to get more returns.According to me any size more than 50 cents should be allowed to place on a bet if the returns are twice the amount put .
sr. member
Activity: 490
Merit: 250
October 13, 2015, 04:47:22 PM
I think that 20c sounds a reasonable amount to gamble since I usually don't gamble with a high capital.
legendary
Activity: 3808
Merit: 1723
October 13, 2015, 02:14:08 PM
I agree with the bets not being too large because it might scare away many people but if the bets are too low then it willl massively lag the servers, kind of what is happening on PrimeDice.
hero member
Activity: 504
Merit: 500
October 13, 2015, 01:16:29 PM
I believe 5-10 cents (0.0002 BTC - 0.0004) is fair ammount to strat betting. It kind of depends on the ammount of your stack, but you should never be more than 10% of the total stack.
legendary
Activity: 812
Merit: 1000
October 13, 2015, 12:53:59 PM

Min bet in something like dice is fine at 1 satoshi sincce people like to ave fun with systems like martingale.  Sports betting or poker with 1 satoshi seems a little low.
legendary
Activity: 1862
Merit: 1009
October 13, 2015, 12:04:18 PM
#99
Minimum should be the smallest unit, which is 1 satoshi. People should have right to play whatever amount they want.

Would be bad for players because of rounding errors for the reward.

I think should not be lower than 1 cent.

I don't know any casino that would allow smaller bets than 1 cent.
legendary
Activity: 1414
Merit: 1008
★Bitvest.io★ Play Plinko or Invest!
October 13, 2015, 12:03:08 PM
#98
it is ideal that we choose to play at 50 cents ..


Although i think .. in reality 50 cents maybe less.. but while playing with bitcoins.. it feels very bad when we loose it.
hero member
Activity: 840
Merit: 1000
October 13, 2015, 11:47:14 AM
#97
it varies, I will bet heavily on sports betting, especially tennis, if I bet on djokovic, I will be all-in with him, and I never lost from him, he is my money tree and won't fail in this year.

if i bet on slots, I will be as little as possible, cause slots have very high house edges, so I try to bet more for qualify the jackpot. But i never got it...   Angry Sad
legendary
Activity: 1400
Merit: 1009
October 13, 2015, 11:31:22 AM
#96
My bet size is 0.0008(20 cents) normally. if i have higher bank roll my bets will vary. Wink
hero member
Activity: 728
Merit: 500
October 13, 2015, 08:14:31 AM
#95
It totally depends on the nature of gambling and situation when it comes to place bet.I play in cents of Bitcoins not in mbtcs.The purpose of this poll is to see what is good minimum bet size for general players so in this case I will support 0.0008BTC which becomes 20 cents.
legendary
Activity: 1610
Merit: 1004
October 13, 2015, 08:06:12 AM
#94
My vote is for 50 cents 0.002 BTC bet.I don't place bet less than this amount for me it's fair amount for minimum bet on any casino.If you play less than this profit remains very less too.
hero member
Activity: 672
Merit: 500
October 13, 2015, 07:55:07 AM
#93
About 20 cents 0.0008BTC is good size of minimal bet at any casino in my ways.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
October 13, 2015, 07:31:55 AM
#92
Hi!  Smiley

Post what you think about best min size of bet on bitcoin gambling sites for you.

Its interesting  Roll Eyes 

it depends on what I am planning to do. I usually do a lot of different things and use a lot of different strategies.

sometimes I bet big when I want to take some big risks and have big rewards just for a small number of bets so I don't care in this case.

but I sometimes like to ensure that I don't lose or at least lower the chance as much as possible, especially when I play dice. in this case I would like the bet be as small as possible which is the amount of 1 satoshi.
full member
Activity: 140
Merit: 100
October 13, 2015, 06:44:11 AM
#91
depends on the player how many bet they like. But for me just play in smaller bet to make sure I'm not gonna lost a high amount. If you bet a highest amount you gonna lose for me that the purpose of the gambling site if you bet high, low chance to win. If you bet low, high chance to win. And if you have method they will break it and you will lose.
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