When do we have to stop before experienced loss?

Erza

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Quote from: ThunderThomas on December 01, 2015, 07:10:50 AM

Quote from: Pollak on December 01, 2015, 06:44:15 AM

Before I start to gamble I like to put a limit on how much money I'm willing to spend before I start to lose

This is actually a good idea. But it doesn't always work since people like to keep trying their luck the next round.

Nope. Actually it depends on them too. Each person having different thoughts. What I do know if people just keep trying and trying they sure have a lot of balance to be played so they can keep going with some winning. But people will low balance will set their limit of playing so they wont be addicted to it. Most people will do the second thing because only big whale will do the first thing without think anything else

amrulshare

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Monday Hit Me Every week

Now I want to ask,

What Fair bets in dice like SQL function?

why a website dice fair bet?

why should you use an SQL function like SHA2-512 hash?

whether the run and that makes SHA2-512 hash is a system?

Why more bing bet more loss ?

and I do not understand what is this? please tell me

Code:

create function dbo.CalculateBetResult
(
	@serverSeed binary(32),
	@clientSeed binary(8)
)
returns bigint
as
begin
	declare @hash binary(64)
	declare @index int
	declare @r bigint
	
	set @hash = HASHBYTES('SHA2_512', @serverSeed+@clientSeed)
	set @hash = HASHBYTES('SHA2_512', @hash)
	while 1=1
	begin
		
		set @index = 1
		while @index <= 64 - 3
		begin
			set @r = cast(substring(@hash, @index, 3) as bigint)
			if @r < 16000000
				return @r % 1000000
			set @index += 3
		end

		set @hash = HASHBYTES('SHA2_512', @hash)

	end
	return -1
end

notaek

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There is no such limit imposed by any gambling sites to stop gambling after playing for certain number of times. But one thing you need to keep in mind is that, every gambling site has a particular house edge and that'll significantly make you lose a certain number of times until you meet their house edge percentage. After that you can again start experiencing wins for couple of following bets.

Thus, you can manually control yourselves by setting up your mindset in such a way that you won't play after an optimum number of bets.

bering

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i had never gamble beyond my financial capacity so i will stop when i felt it's enough to do that

sousaphonepint

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just multiply arround 1.4x after that stop and never play again

ultimatesky

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SkyFall

Quote from: CryptoBjorn on December 01, 2015, 09:56:39 AM

Quote from: Lasergun on December 01, 2015, 08:27:07 AM

Limits should be set before starting to gamble. A person who chooses to gamble should set time and monetary limits and adhere to them. Money spent on gambling should be considered the cost of entertainment. We should gamble only with money we can afford to lose.

That is so true because if you don't have money than why gamble.

Oh well that is gambling right. And yeah gambling is a entertainment where you can win or lose money.

This sounds like really great advice but I don't think this will help out the people who can't stop playing once they get going.

CryptoBjorn

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Quote from: Lasergun on December 01, 2015, 08:27:07 AM

Limits should be set before starting to gamble. A person who chooses to gamble should set time and monetary limits and adhere to them. Money spent on gambling should be considered the cost of entertainment. We should gamble only with money we can afford to lose.

That is so true because if you don't have money than why gamble.

Oh well that is gambling right. And yeah gambling is a entertainment where you can win or lose money.

Lasergun

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Limits should be set before starting to gamble. A person who chooses to gamble should set time and monetary limits and adhere to them. Money spent on gambling should be considered the cost of entertainment. We should gamble only with money we can afford to lose.

krunox123

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I don't bite.

Quote from: Oscoda on November 30, 2015, 11:09:36 AM

Well if you feel that you will lose just stop, but if you feel that you are gonna win than bet more.

This logic will never work when it comes to gambling.
You will never win more if you think that you will, you will probably lose everything including your profit from your previous bet.

nichu

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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

for sure online site admin can control the profit anyone gets, and i dont think most of these sites have a governing body to look after the events

PS: i am not a expert in online gambling, but i am an experienced developer

Oscoda

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Quote from: ThunderThomas on December 01, 2015, 07:10:50 AM

Quote from: Pollak on December 01, 2015, 06:44:15 AM

Before I start to gamble I like to put a limit on how much money I'm willing to spend before I start to lose

This is actually a good idea. But it doesn't always work since people like to keep trying their luck the next round.

Hahah like me I love to spend some money to gamble, but of course I just spend what I can afford otherwise my wallet is to zero now.

Betwrong

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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

There are many Bitcoin gambling sites where the games are provably fair. You can find some of them in the list going by the link below:

https://en.bitcoin.it/wiki/Category:Gambling

There are also several threads here on bitcoitalk like this one for example:

https://bitcointalksearch.org/topic/top-10-bitcoin-gambling-sitesso-far-253606

On a provably fair site there is no such thing as a limit to win in one day for a player in the sense that they somehow make the player start losing after he won some amount.

But I understand your feelings. Many gamblers start thinking that the site the are playing is rigged when lose all they have. Just stop when you lost the amount you can afford to lose in a day. That's the best advice I can think of.

ThunderThomas

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Quote from: Pollak on December 01, 2015, 06:44:15 AM

Before I start to gamble I like to put a limit on how much money I'm willing to spend before I start to lose

This is actually a good idea. But it doesn't always work since people like to keep trying their luck the next round.

NorrisK

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Quote from: 98problems on November 30, 2015, 03:05:49 PM

i always play until i loose everything though i must admit that its not ok to do i think that the gambler has to feel when he should quit playing and withdraw everything

I would seriously reconsider gambling if this is how you feel during gambling. It's not good to keep going until everything is gone, unless ofcourse it makes you feel good to keep playing no matter how much you lose..

Pollak

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Pollak

Before I start to gamble I like to put a limit on how much money I'm willing to spend before I start to lose

PesiHUN

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and what strategys are u using at dice to win and earn nice because u arent greedy

iv4n

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Gambling is a long and windy road which has it`s ups and downs. Learning to get out when u are up is a way to earn money, if u are greedy in long run u will end up with nothing. But we all know how gambling can be fun, especially when we are winning. And we all know how hard it is to cash out when it`s fun and when we are happy.

When we have to stop before experenced loss? Simple, when we have fun and feelin lucky.

sukamasoto

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Black Panther

Before start gambling, im ready to afford to lose so im aware the gambling risk upon me.
Since gambling results is quite difficult to be predict, we only have to guessing when will we must stop before experience loss more and more.
If you can't handle it, better stay away from it

adaseb

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Quote from: fullypak on November 30, 2015, 10:25:59 PM

It is not gambling site has a limitation for you to win but the game has designed like that no one knows when the house edge will come into play and washout all your money in no time. As of now no strategies are available to tackle the dice game loses so you bet only which you can afford to lose.

Yes its based on human emotions. And usually most people can't stop gambling especially if they are winning. THat's how the casinos make money.

fullypak

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It is not gambling site has a limitation for you to win but the game has designed like that no one knows when the house edge will come into play and washout all your money in no time. As of now no strategies are available to tackle the dice game loses so you bet only which you can afford to lose.

98problems

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i always play until i loose everything though i must admit that its not ok to do i think that the gambler has to feel when he should quit playing and withdraw everything

vendetahome

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well i usually stop playing if im in profit about 10 per cent of my deposit as its really risky to keep on playing for bigger wins though without taking risks you will not earn any decent profit in my opinion

virtualx

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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

Your losses are bigger than your wins, this is called the house edge. If you want to win at dice you have to play around the house edge. This means to develop a good strategy. Also, put a limit to how much you want to invest daily/monthly to prevent getting in financial situations.

Pab

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Quote from: cjmoles on November 30, 2015, 03:58:39 AM

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.

You need to go away after two constructive loses,make a break comeback later

bajing

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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

dice game is always hard to know why after won and if you still playing you will lose in the end. i have try all time and always got same

Patatas

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Not really understood what you're trying to say .If you're a native English speaker ,you can always use Google Translate
Here's what i have understood.Hope its correct
during my playing gambling at some sites that provide gaming dice,
You're in the middle of playing some dice game at a gambling site

I experienced some problems, experienced loss after I get profite passable,
You faced some problems maybe server side or network or any lags in general due to which you suffered a loss where you where actually suppose to win or you won.

if a gambling site is limited to win every day?
You thought you lost because there could be a loss as there is a limit to win everyday by the gambling site?

Considering this,no there is no such limit.The limits are only for minimum withdraw and maximum deposits.You should contact the support or submit the ticket.If they have a thread here post the matter there.

Tauja

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Control yourself if you got a big win. Time to stop and wd your profit. This is method to control yourself from greedy
You know when to stop playing and enjoy your profit. Because in gambling not always you luck.

pereira4

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My strategy is simple, I just put a limit on myself depending on how much money I made on a single month so I don't start losing and getting below my salary + Bitcoin gains be it gambling gains or other. You must put yourself a limit that you would never cross to remain in the positives and never going red.

amrulshare

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Quote from: shanem on November 30, 2015, 09:24:31 AM

The best method is to stop gambling. Sure, you may reach your target and cashout with your winnings but eventually you will lose all your capital in gambling.

if you play dice gambling too?
one day usually how long you play gambling dice?

Oscoda

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Well if you feel that you will lose just stop, but if you feel that you are gonna win than bet more.

Is gambling so yeah is your choice.

healer

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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

If this was known that when to stop, after winning how much, then probably all sites would have been closed and people chasing them Tongue

PolarPoint

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The thing that made you loose after a big win is greed. If you withdraw while you are up, you would be able to retain your profit. On provably fair dice sites, what you are implying will never happen.

krunox123

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I don't bite.

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

If you think that the gambling site is rigged, you can verify your bet.
And I never seen any casino or any gambling website put a limit on how much profit their players can make in a day in their casino or gambling website.

Also, it is normal if you lose when you gamble because you are not always lucky. Isn't it?

Echye

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Dice have no memory, remember that the next time you bet.

safari88

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you want to stop before you lose? try to control your emotions not to be greedy and you should have a target when to stop

shanem

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The best method is to stop gambling. Sure, you may reach your target and cashout with your winnings but eventually you will lose all your capital in gambling.

amrulshare

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Quote from: shadobitz on November 30, 2015, 08:43:56 AM

Quote from: jt byte on November 30, 2015, 06:22:49 AM

Hmm when you lose the second time than just stop, because I just bet the second time you will lose it.
Just paly poker, because there you can only lose once Tongue

every game you play.

Are you sure it is easy for someone to make stop himself after losing continuously it is really hard for any person to give up after lose 2nd or 3rd time.

yeah, I agree, I also hard to control myself to stop when I've profit. I also do not understand

shadobitz

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Quote from: jt byte on November 30, 2015, 06:22:49 AM

Hmm when you lose the second time than just stop, because I just bet the second time you will lose it.
Just paly poker, because there you can only lose once Tongue

every game you play.

Are you sure it is easy for someone to make stop himself after losing continuously it is really hard for any person to give up after lose 2nd or 3rd time.

jt byte

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Hmm when you lose the second time than just stop, because I just bet the second time you will lose it.
Just paly poker, because there you can only lose once Tongue

every game you play.

amrulshare

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Quote from: tn211 on November 30, 2015, 05:24:36 AM

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 do not 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

What does gambling With horoscope?
This is not a prophecy self-gambling

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

yahoo62278

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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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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).

FX_Trader

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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? (Read 1566 times)