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Topic: Why do people still play dice? - page 16. (Read 22294 times)

hero member
Activity: 784
Merit: 500
August 29, 2015, 10:35:10 AM
People are still playing dice for profits and it is very simple and easy to understand for new one as well. Dice is very popular among the people from the ages and one of the main reason for their popularity is they had started to accepting cryptocurrencies much earlier than other games. I am sure in future as well people will keep playing and the popularity will remain the same for dice.
legendary
Activity: 1148
Merit: 1000
August 29, 2015, 08:49:10 AM
Well by "stop", I mean stop betting forever. And exactly as you said, if you come back to make the bet again and again, you will lose it sooner or later. A very good example would be the person losing 7k bitcoin on JD.

I only found out about that huge loss lately. Unbelieveble.. And somehow he/she seemed to accept it. There is no way I would gamble with such amounts of money.. In order to gamble with such amounts of money, I think you need to already have lots and lots of money (or be a millionair).
Thats a huge loss, but we dont know his bankroll, and maybe he has another 7k that he won in other place..
legendary
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
August 26, 2015, 12:16:35 PM
Well by "stop", I mean stop betting forever. And exactly as you said, if you come back to make the bet again and again, you will lose it sooner or later. A very good example would be the person losing 7k bitcoin on JD.

I only found out about that huge loss lately. Unbelieveble.. And somehow he/she seemed to accept it. There is no way I would gamble with such amounts of money.. In order to gamble with such amounts of money, I think you need to already have lots and lots of money (or be a millionair).
hero member
Activity: 896
Merit: 1000
August 26, 2015, 04:54:49 AM
What a lucky a day another loss for me again from dice. Angry

Don't play dice. There's no such thing as luck in dice sites. Always dice site wins.

It all depends on how you play. If you use martingale and left the bot on for hours, you are most likely going to lose your balance. But if you make one x1.1 bet and stop, you have 90% chance to walk away with a 10% profit.

Also a 10% chance to lose 100% of the profit.  Grin End of the day it all depends on luck. If you guys are thinking about grinding and stuffs, then it'll definitely end you up with -ve balance. Best way is to hit big and hit fast , cash out and walk away .

Well by "stop", I mean stop betting forever. And exactly as you said, if you come back to make the bet again and again, you will lose it sooner or later. A very good example would be the person losing 7k bitcoin on JD.
hero member
Activity: 602
Merit: 501
August 26, 2015, 04:44:20 AM
What a lucky a day another loss for me again from dice. Angry

Don't play dice. There's no such thing as luck in dice sites. Always dice site wins.

It all depends on how you play. If you use martingale and left the bot on for hours, you are most likely going to lose your balance. But if you make one x1.1 bet and stop, you have 90% chance to walk away with a 10% profit.

Also a 10% chance to lose 100% of the profit.  Grin End of the day it all depends on luck. If you guys are thinking about grinding and stuffs, then it'll definitely end you up with -ve balance. Best way is to hit big and hit fast , cash out and walk away .
hero member
Activity: 896
Merit: 1000
August 26, 2015, 04:42:05 AM
What a lucky a day another loss for me again from dice. Angry

Don't play dice. There's no such thing as luck in dice sites. Always dice site wins.

It all depends on how you play. If you use martingale and left the bot on for hours, you are most likely going to lose your balance. But if you make one x1.1 bet and stop, you have 90% chance to walk away with a 10% profit.
sr. member
Activity: 448
Merit: 250
August 26, 2015, 04:31:42 AM
What a lucky a day another loss for me again from dice. Angry

Don't play dice. There's no such thing as luck in dice sites. Always dice site wins.
newbie
Activity: 55
Merit: 0
August 25, 2015, 10:43:20 PM
What a lucky a day another loss for me again from dice. Angry
legendary
Activity: 3472
Merit: 10611
August 25, 2015, 10:39:41 PM
Because Dice is an easy and quick game that you can understand chances without problem so it is a very attractive game that everybody can play

yeah i agree. Dice games are so easy, they don't need you to have any skills like in poker nor you should have any kind of information like in sports betting. so anybody can do it.
additionally you have the option of betting with ridiculously small amounts like 1 satoshi so it enables you to gamble with any sort of bankroll you might have or even with the faucet they offer.
legendary
Activity: 3808
Merit: 1723
August 25, 2015, 07:02:51 PM
Because Dice is an easy and quick game that you can understand chances without problem so it is a very attractive game that everybody can play
Same as roulette or slots. I don't think dice is superior to other casino games, it's just that dice sites adapted to crypto early and gained followers.

No roulette is actually more compliated then dice. First time I saw Roulette I was stunned and it was very confusing since there was like 20 different ways or winning. Its not just pick red or black.

full member
Activity: 197
Merit: 100
August 25, 2015, 06:41:35 PM
Because most people like the fact that dice gives a result instantly a profit or a loss you get a return on the spot so you can gamble much quicker
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
August 25, 2015, 02:17:18 PM
Because Dice is an easy and quick game that you can understand chances without problem so it is a very attractive game that everybody can play
Same as roulette or slots. I don't think dice is superior to other casino games, it's just that dice sites adapted to crypto early and gained followers.
klf
legendary
Activity: 1344
Merit: 1000
August 25, 2015, 01:57:38 PM
Because Dice is an easy and quick game that you can understand chances without problem so it is a very attractive game that everybody can play
full member
Activity: 126
Merit: 100
August 24, 2015, 10:24:30 PM
because they like to gamble and don`t have on what to spend bitcoin...I think I'd better spend on women Smiley)

Agree on that, there is a lot of people dont know what to do with their bitcoin, so they invest hyip and gamble, and the easiest gamble is by playing dice, the easiest but the most chance you are lose in the long run
sr. member
Activity: 392
Merit: 250
August 24, 2015, 05:41:50 PM
because they like to gamble and don`t have on what to spend bitcoin...I think I'd better spend on women Smiley)
sr. member
Activity: 462
Merit: 250
August 24, 2015, 05:31:47 PM
for me is the invest in dice site who interest me as all know always the house win so why i risk my balance if i have a profit of others bad luck.
legendary
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
August 24, 2015, 05:26:54 PM
Most of the people thinks they want to recover their money from where they lost. This is very foolishness but we need to accept this is the fact. However by end of the day they will loose even more.

That is - indeed - the kind of habit I tried to explain earlier. First, they start thinking they can make some money. As soon as they start loosing money, they will gamble 'a few more times' in order to recover the costs. However, then this process starts over and over again: trying to cover costs will often lead to more costs (as, if they can recover the costs, they still want to make some money).. It's addictive.

Its true and its pretty much exactly what happened today in the stock market. Many were betting big on the US econony and the DOW jones dropped 1000 points almost instantly. Reason this happened was because of fear. The market never advances this much ever but in falling markets it can. And its the same with dice and gambling, there will be a huge losing streak and will empty out your accounts.

Let's hope that is not the current situation of Bitcoin. Looking at the current value, I become a bit sad (especially if you look at two-years graphs). Let's hope this is not the huge losing streak you are reffering to, which is going to empty our accounts.

Honestly now I do see some similarities in this process about gambling (and dice) and buying Bitcoin, although buying Bitcoin is not like gambling. I still think there can be a great bright future for Bitcoin - but that future seems not to be very soon.
legendary
Activity: 3808
Merit: 1723
August 24, 2015, 05:22:25 PM
Most of the people thinks they want to recover their money from where they lost. This is very foolishness but we need to accept this is the fact. However by end of the day they will loose even more.

That is - indeed - the kind of habit I tried to explain earlier. First, they start thinking they can make some money. As soon as they start loosing money, they will gamble 'a few more times' in order to recover the costs. However, then this process starts over and over again: trying to cover costs will often lead to more costs (as, if they can recover the costs, they still want to make some money).. It's addictive.

Its true and its pretty much exactly what happened today in the stock market. Many were betting big on the US econony and the DOW jones dropped 1000 points almost instantly. Reason this happened was because of fear. The market never advances this much ever but in falling markets it can. And its the same with dice and gambling, there will be a huge losing streak and will empty out your accounts.
legendary
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
August 24, 2015, 04:47:15 PM
Most of the people thinks they want to recover their money from where they lost. This is very foolishness but we need to accept this is the fact. However by end of the day they will loose even more.

That is - indeed - the kind of habit I tried to explain earlier. First, they start thinking they can make some money. As soon as they start loosing money, they will gamble 'a few more times' in order to recover the costs. However, then this process starts over and over again: trying to cover costs will often lead to more costs (as, if they can recover the costs, they still want to make some money).. It's addictive.
sr. member
Activity: 434
Merit: 250
August 24, 2015, 04:43:39 PM
i don't play dice. I think most people keep playing because they are hooked. Some goes for other forms of gambling.
well mostly yes,but its fun in some way,and people think they can win on it really really fast
but guess nothing works like that anymore Tongue
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