When do we have to stop before experienced loss? - page 3.

tn211

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Quote from: yahoo62278 on November 30, 2015, 05:07:22 AM

Quote from: amrulshare on November 30, 2015, 02:56:28 AM

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day? Huh

Gambling sites dont limit anyone on any wins man. Ive won 3btc in 1 day and ive lost big amounts also. Everything on dice is completely random. The question you need to ask yourself is are you lucky that day? Or if you get up how much do you need to win before stopping?

Nice answer and question by the way. Yeah with dice is just random I don't like that much. Just read your horoscope maybe that day you will be lucky: Tongue

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Quote from: amrulshare on November 30, 2015, 02:56:28 AM

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day? Huh

Gambling sites dont limit anyone on any wins man. Ive won 3btc in 1 day and ive lost big amounts also. Everything on dice is completely random. The question you need to ask yourself is are you lucky that day? Or if you get up how much do you need to win before stopping?

kpitti

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Quote from: amrulshare on November 30, 2015, 04:22:08 AM

Quote from: ranochigo on November 30, 2015, 04:10:30 AM

Quote from: amrulshare on November 30, 2015, 04:01:04 AM

Quote from: ranochigo on November 30, 2015, 03:31:35 AM

Quote from: amrulshare on November 30, 2015, 02:56:28 AM

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day? Huh

No. In a provably fair casino, user can set a variable which can affect the result. Another variable is decided by them while the nonce increases after each bet. Due to the nature of hashing algorithms like SHA512, it is impossible for them to change the server seed without affecting the hash. To prevent casino from cheating, you need to change the seed often and note them before starting to bet, verify your results after your session by using an opensourced tool.

Gambling site has an house edge which gives the house an advantage to win and hence a user can expect to lose at least 1% of their wagered BTC in the long run.

so like that, it means all gambling sites use hashing algorithms like SHA512. and how do I know that the site is using a hashing algorithms like SHA512?

Not all uses the same provably fair system. Which dice site are you using? Moneypot uses SHA256, Justdice and primedice uses SHA512. But nearly all of them have the same theory, allowing users to set a client seed to make sure that they aren't intentionally making the result as bad as possible.

There should be a page explaining this on your dice site. If not, try to find it elsewhere and make sure that you can verify all the results. If not, stop using it immediately.

okay, thanks for your opinion, may I be careful that I do not experience substantial losses in a gambling site

This is realy vise to check if Gambling side is trustable. But I would advice you to be prepared for substantial losses as luck is luck. Anyway good luck to you.

amrulshare

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Quote from: ranochigo on November 30, 2015, 04:10:30 AM

Quote from: amrulshare on November 30, 2015, 04:01:04 AM

Quote from: ranochigo on November 30, 2015, 03:31:35 AM

Quote from: amrulshare on November 30, 2015, 02:56:28 AM

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day? Huh

No. In a provably fair casino, user can set a variable which can affect the result. Another variable is decided by them while the nonce increases after each bet. Due to the nature of hashing algorithms like SHA512, it is impossible for them to change the server seed without affecting the hash. To prevent casino from cheating, you need to change the seed often and note them before starting to bet, verify your results after your session by using an opensourced tool.

Gambling site has an house edge which gives the house an advantage to win and hence a user can expect to lose at least 1% of their wagered BTC in the long run.

so like that, it means all gambling sites use hashing algorithms like SHA512. and how do I know that the site is using a hashing algorithms like SHA512?

Not all uses the same provably fair system. Which dice site are you using? Moneypot uses SHA256, Justdice and primedice uses SHA512. But nearly all of them have the same theory, allowing users to set a client seed to make sure that they aren't intentionally making the result as bad as possible.

There should be a page explaining this on your dice site. If not, try to find it elsewhere and make sure that you can verify all the results. If not, stop using it immediately.

okay, thanks for your opinion, may I be careful that I do not experience substantial losses in a gambling site

ranochigo

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Quote from: amrulshare on November 30, 2015, 04:01:04 AM

Quote from: ranochigo on November 30, 2015, 03:31:35 AM

Quote from: amrulshare on November 30, 2015, 02:56:28 AM

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day? Huh

No. In a provably fair casino, user can set a variable which can affect the result. Another variable is decided by them while the nonce increases after each bet. Due to the nature of hashing algorithms like SHA512, it is impossible for them to change the server seed without affecting the hash. To prevent casino from cheating, you need to change the seed often and note them before starting to bet, verify your results after your session by using an opensourced tool.

Gambling site has an house edge which gives the house an advantage to win and hence a user can expect to lose at least 1% of their wagered BTC in the long run.

so like that, it means all gambling sites use hashing algorithms like SHA512. and how do I know that the site is using a hashing algorithms like SHA512?

Not all uses the same provably fair system. Which dice site are you using? Moneypot uses SHA256, Justdice and primedice uses SHA512. But nearly all of them have the same theory, allowing users to set a client seed to make sure that they aren't intentionally making the result as bad as possible.

There should be a page explaining this on your dice site. If not, try to find it elsewhere and make sure that you can verify all the results. If not, stop using it immediately.

amrulshare

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Monday Hit Me Every week

Quote from: ranochigo on November 30, 2015, 03:31:35 AM

Quote from: amrulshare on November 30, 2015, 02:56:28 AM

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day? Huh

No. In a provably fair casino, user can set a variable which can affect the result. Another variable is decided by them while the nonce increases after each bet. Due to the nature of hashing algorithms like SHA512, it is impossible for them to change the server seed without affecting the hash. To prevent casino from cheating, you need to change the seed often and note them before starting to bet, verify your results after your session by using an opensourced tool.

Gambling site has an house edge which gives the house an advantage to win and hence a user can expect to lose at least 1% of their wagered BTC in the long run.

so like that, it means all gambling sites use hashing algorithms like SHA512. and how do I know that the site is using a hashing algorithms like SHA512?

cjmoles

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Many times, when one plays games of chance, it feels like we experience a string of losses after a substantial string of wins. And, it "feels" like the game is being manipulated, but most of the time that "feeling" that we're being manipulated is just the product of variance. In the long run, the casino will win if it as an edge... so...if you get lucky, get out and come back later.

oryeger

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Well often sports bookies will limit users to a certain max bet value, does it happen in dices? I have no clue but I can guess that no because it's a game of luck more then skill (sports betting takes some skill).

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Well, make a goal, fill it, go.

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Quote from: amrulshare on November 30, 2015, 02:56:28 AM

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day? Huh

No. In a provably fair casino, user can set a variable which can affect the result. Another variable is decided by them while the nonce increases after each bet. Due to the nature of hashing algorithms like SHA512, it is impossible for them to change the server seed without affecting the hash. To prevent casino from cheating, you need to change the seed often and note them before starting to bet, verify your results after your session by using an opensourced tool.

Gambling site has an house edge which gives the house an advantage to win and hence a user can expect to lose at least 1% of their wagered BTC in the long run.

SvenBomvolen

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Quote from: Pony789 on November 30, 2015, 03:15:21 AM

Quote from: amrulshare on November 30, 2015, 02:56:28 AM

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day? Huh

Not entirely sure what you are asking, but it seems you are asking if gambling sites make you lose more often after you have made a profit. If so, the answer is no. Each bet is independent. Also, as long as you are playing on provably fair sites, you can verify the bet results and be sure that they are not rigged.

Exactly like this, every bet is independet so its more like u are gredy. Most of us have that kind of problem just u need to know when is the time to get out.

Pony789

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Quote from: amrulshare on November 30, 2015, 02:56:28 AM

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day? Huh

Not entirely sure what you are asking, but it seems you are asking if gambling sites make you lose more often after you have made a profit. If so, the answer is no. Each bet is independent. Also, as long as you are playing on provably fair sites, you can verify the bet results and be sure that they are not rigged.

amrulshare

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Monday Hit Me Every week

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day? Huh

Topic: When do we have to stop before experienced loss? - page 3. (Read 1563 times)