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Topic: What was your Worst losing streak at bitcoin dice with 1.5 payout? (Read 821 times)

legendary
Activity: 2688
Merit: 1192
Trying to make any sense out of a random number generator or even worse, a programmed algorithm designed to lure people in with bigger betters, is a fools errand. It is like flipping a coin and thinking there is any connection between each time. Beyond seeing how many times people have lost, it makes no sense sharing and trying to compare losing streaks..
hero member
Activity: 2730
Merit: 632
Losing streak of mine happened years back with martingale strategy. In a row continuously gambled and lost 0.7 btc which is quite a big value. Started to play with small value, further multiplied it. Tried to recover the lost bet with high value bets. This is where I did the mistake and lost everything.
Yeah man, I can relate your story with mine long time back when primedice was newly launched and I was part of that (I believe we called it PD3 or something at that time). I was playing for fun all night as I was new to something like that with fair verification my bets so I was rolling all night and I literally won like 1 BTC starting from 0.04 or 0.05 and then I got greedy and started to make bigger bets and later lost everything and I actually did not even had a poor streak it was just like after getting a loss I used to increase my bet much higher than I should have and lost everything in doing that.

The worst streak on 1.5 odds I am not sure but I clearly remember I had easily got as many as 27 reds on 3.00 odds which took away all my balance onj another dark night playing dice.
Remembering those Bitsler and Primedice days when they had just started and dice gaming was bit on hype that time.I do make out bets and of course did really make
use of that typical martingale system.Im not really that fan of making 1.5x multiplier but rather stick out on 2x on minimal and i do say that the longest streak i
had experience was on 20-21 as far as i remember.I havent tried on 1.5 though but pretty sure it would be just similar and also the streak will vary on how much
capital you do have on that time you were playing.
hero member
Activity: 2828
Merit: 611
Losing streak of mine happened years back with martingale strategy. In a row continuously gambled and lost 0.7 btc which is quite a big value. Started to play with small value, further multiplied it. Tried to recover the lost bet with high value bets. This is where I did the mistake and lost everything.
Yeah man, I can relate your story with mine long time back when primedice was newly launched and I was part of that (I believe we called it PD3 or something at that time). I was playing for fun all night as I was new to something like that with fair verification my bets so I was rolling all night and I literally won like 1 BTC starting from 0.04 or 0.05 and then I got greedy and started to make bigger bets and later lost everything and I actually did not even had a poor streak it was just like after getting a loss I used to increase my bet much higher than I should have and lost everything in doing that.

The worst streak on 1.5 odds I am not sure but I clearly remember I had easily got as many as 27 reds on 3.00 odds which took away all my balance onj another dark night playing dice.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
Normally I play dice with x2 payout. I cannot recall when is the last time I played dice with only x1.5 payout. I think it is worth playing if your bet would double every time you win. In terms of worst or longest winning streak, I think it went as long as 12 or 13. At first it seemed impossible to imagine but with a dice roll which is not really giving you a 50% winning chance, it is really possible. I heard that others have even experienced longer losing streaks.
The thing that people don't realize and blame casino is because the chances of losing a bet on 1.5 odds is still 33% no matter if you had 1 million wins before that bet or lost 1 million because every roll has it's independent chances and although stacking up loses feels like a win is around the corner but mathematically it is not the case really.

Yobit's dice house edge is insane if I'm not mistaken so even without manipulation, your funds will be wrecked in the long-run.
I really wonder why people even use YoBit after so many scam reports against them and everyone is certain that they are scammers by now and to play dice picking a website like Yobit is the worst idea.
hero member
Activity: 2688
Merit: 588
The only time I played dice with bitcoin was a few years ago, in some shady exchange. I played 10 rounds, I lost all of them in a row.

It was possible, of course, but I think they manipulated the output, so played once and never again Angry
Unfortunate if the rolls were really rigged and I suggest to verify if the casino has provably fair system for the dice game because dice is so popular just because it can be verified and I love playing dice and at times when I am playing slots from various providers like Pragmatic play then I wonder how we can verify the bets but I don't think it is possible so I often after losing money on slots turn to dice.

Any exchange offering dice game like I believe yobit does that is actually shady unless they provide a reason and verification of the bets. I would rather play at a casino for dice instead of playing on an exchange that offers dice without any provably fair system being implemented publicly.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Losing streak in dice are often experienced but not in such a large amount and also, although the losses are not that big I think any losing streak is basically a bad thing. When gambling dice I personally will only allocate a certain amount or have a maximum amount of funds ready to be spent, and I will not maintain the same odds when betting and I think if the payout is at 1.5, at least it is still a safe bet because the most important thing is you can control your emotions then I guess it will be fine.
sr. member
Activity: 1106
Merit: 255
Betking.io - Best Bitcoin Casino
I'm using this kind of strategy before a x1.5 multiplier with a 80% or 135% on loss tried it before with more than an hour I think I let it run on automated betting for 3-4 hours and I thought it is so good with long term betting but after I change the seed the strategy only last of about 10-15 minutes. My bankroll was 0.003
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
Losing streak of mine happened years back with martingale strategy. In a row continuously gambled and lost 0.7 btc which is quite a big value. Started to play with small value, further multiplied it. Tried to recover the lost bet with high value bets. This is where I did the mistake and lost everything.
member
Activity: 980
Merit: 62
have you ever used this payout in dice and what was your worst streak so far. have you ever tried 1.5 payout , 2 satoshi(or more zeros) first bet and increase on loss 210 %?

sorry i had created same topic in wrong thread previously but it doesn't let me delete that now



My worst steak would be 25 bets lost on a row.
Unbelievable rate of wrong bets in my opinion... The fund that I was building for months was lost in just some minutes due to 25 losses in a row.. When you are getting red in your bets you have faith that the luck is going to turn on your side and you keep betting but as you can see it is not going well all the time. Martingale is not working all the time...
sr. member
Activity: 2380
Merit: 366
Normally I play dice with x2 payout. I cannot recall when is the last time I played dice with only x1.5 payout. I think it is worth playing if your bet would double every time you win. In terms of worst or longest winning streak, I think it went as long as 12 or 13. At first it seemed impossible to imagine but with a dice roll which is not really giving you a 50% winning chance, it is really possible. I heard that others have even experienced longer losing streaks.
hero member
Activity: 2996
Merit: 609
It was possible, of course, but I think they manipulated the output, so played once and never again Angry

There's a tool to verify fairness. I think you are talking about Yobit as that's the only shady exchange I KNOW that has a dice game.

Yobit's dice house edge is insane if I'm not mistaken so even without manipulation, your funds will be wrecked in the long-run.
There's some discussion about their house edge and fairness stuff: https://bitcointalksearch.org/topic/i-tried-my-luck-again-in-yobit-dice-gamebut-ended-to-lose-1503792

Yobit dice game? I had never touched this shady exchange dice game ever in my life.Who the hell would really mind off on playing in one of the most shadiest place here on crypto?  Cheesy

When it comes to 1.5 payout losing streak then i do hit up 12x on using up DOGE, i dont know on whats the maximum streak but base of on experience but with the odds
it shouldnt really go even more.
legendary
Activity: 2940
Merit: 1083
It was possible, of course, but I think they manipulated the output, so played once and never again Angry

There's a tool to verify fairness. I think you are talking about Yobit as that's the only shady exchange I KNOW that has a dice game.

Yobit's dice house edge is insane if I'm not mistaken so even without manipulation, your funds will be wrecked in the long-run.
legendary
Activity: 1932
Merit: 2354
The Alliance Of Bitcointalk Translators - ENG>SPA
The only time I played dice with bitcoin was a few years ago, in some shady exchange. I played 10 rounds, I lost all of them in a row.

It was possible, of course, but I think they manipulated the output, so played once and never again Angry
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
Using auto-bet indeed in the long run you'll see that each bets start falling, it's only good for short span if you do have good control but for sure a very unwise decision to continue using it if you are planning for long term.

Best to keep trying different strategy or if you are already busted between 3-5 losing streak  much better to rest than to try continuing and experienced same fate, losing everything inside your bankroll.
Doesn't matter if we use autobet or manual bet as long as we stop after winning we are good and if we bet for long term we are mathematically inclined to lose money as more wager means more chances of losing and you might get saved by luck a few hours maybe days but surely not months and years and hence all the gamblers who play everyday or consistently are always in loss.

Best to keep trying different strategy or if you are already busted between 3-5 losing streak  much better to rest than to try continuing and experienced same fate, losing everything inside your bankroll.
I usually try and do pre-rolls that is making zero or non significant amount of bets like 100 satoshi and once I have accumulated at least 3-4 losses then I go with my real strategy. This sounds foolish I know for many and chances of losing any bet is same regardless of the previous rolls but somewhere you have to think that law of average will come into affect.
hero member
Activity: 2828
Merit: 611
My biggest losing streak with 1.5?
Umm, let me tell you guys even worst experience of mine than that. I played dice at 999dice with a 1.2x payout limit set per bet, and the bet I placed was 20 satoshis, quadrupled my bets by clicking x2 2 times after losing in order to win the bets. I didn't stick to the same side, I placed both over/under bets because I was too skeptical that a single side would win continuously. Now, opening the suspense, the number of bets I lost constantly were 11 with a total of ~BTC0.28 lost at that time when the price was near $300-350 per BTC.
Actually 999dice had issues in past and they have been always considered as a scam casino. Their thread (scam casino, don't play anyone reading) - https://bitcointalksearch.org/topic/999dicecom-just-launched-01-house-edge-faucet-earn-btc-386238

They have a lot of scam accusations which are unsolved and there are many kind of accusations like some players have tagged them for scamming or rigging rolls while some had withdrawal problems and they were unable to prove the bank they claimed they had for which someone as reputed as Stunna left them negative feedback so save other members from falling for this scam. I used to play there long time back and actually used to lose a lot.
sr. member
Activity: 1876
Merit: 318
Dice games are my favorite, so I have tried all of the payout strategies in dice games. Including dice with 1.5 payout, I often use it,
for me 1.5 payouts are very profitable compared to other payouts. I've managed to get a big profit using the 1.5 payout, but because
dice is a gambling game based on luck. So if it is used in the long term, it will cause losses. I once got 16 reds in a row when using
the 1.5 payout, and made the loss that I experienced was quite large.
legendary
Activity: 3052
Merit: 1273
I think you may not really understand gambling at 999dice because maybe the appearance makes users confused but I am sure if you lose that much bitcoin assets when bitcoin is priced more than $ 15k it will make you depressed because it is a very large amount, because I lost only BTC0.1 with different games after that I was more careful when at gambling.

Nothing was confusing for me as I was also a regular dice player at primedice since the days it was spreading its wings into the gambling industry. 999dice was so easy to understand, it was just my bad day or bad luck, whatever you'd call it. And about the loss, I was not so bothered at that time but I shared it here because of the streak that's unforgettable at my end. I mean, can you even think of losing at 1.2x for straight 11 times in a row?
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
I generally do a 200% increase on loss when playing x1.5 as that's the way to plain martingale it. Since theoretically, there can be any number of loss streak in any odds, loss streak on 1.5 should still be less than that of 2 (0.75x of loss streak on 2).
I haven't counted my exact number of loss streak on x1.5 but I remember one being of 14 straight bets, my bankroll busted by then.
I have realized that martingale works better if you skip a few bets when you are on a long losing streak, but again it's has no statistical evidence.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
My biggest losing streak with 1.5?
Umm, let me tell you guys even worst experience of mine than that. I played dice at 999dice with a 1.2x payout limit set per bet, and the bet I placed was 20 satoshis, quadrupled my bets by clicking x2 2 times after losing in order to win the bets. I didn't stick to the same side, I placed both over/under bets because I was too skeptical that a single side would win continuously. Now, opening the suspense, the number of bets I lost constantly were 11 with a total of ~BTC0.28 lost at that time when the price was near $300-350 per BTC.
I think you may not really understand gambling at 999dice because maybe the appearance makes users confused but I am sure if you lose that much bitcoin assets when bitcoin is priced more than $ 15k it will make you depressed because it is a very large amount, because I lost only BTC0.1 with different games after that I was more careful when at gambling.
legendary
Activity: 3052
Merit: 1273
My biggest losing streak with 1.5?
Umm, let me tell you guys even worst experience of mine than that. I played dice at 999dice with a 1.2x payout limit set per bet, and the bet I placed was 20 satoshis, quadrupled my bets by clicking x2 2 times after losing in order to win the bets. I didn't stick to the same side, I placed both over/under bets because I was too skeptical that a single side would win continuously. Now, opening the suspense, the number of bets I lost constantly were 11 with a total of ~BTC0.28 lost at that time when the price was near $300-350 per BTC.
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