Author

Topic: Why fool yourself ? (Read 1708 times)

legendary
Activity: 1232
Merit: 1000
July 20, 2016, 03:56:28 AM
#63
it could be true what was said by you. but I prefer to play with a chance of 75%, rather than 50%. because in fact I always benefit from a chance 75%. with 75% I can get a winning streak, and a 3 times winning, enough to recover losses.
hero member
Activity: 840
Merit: 501
Strength in Numbers
July 20, 2016, 01:30:31 AM
#62
people are addicted and bored with their lives, or they win once and believe they can do it again and get used to losing for years and years

No doubt gambling sucks so badly and that is true people are not satisfied with their life style, this kind of win when someone made very big amount so quickly and this made him believe he has very good skill and luck, this thing keep him on trying again and again.
Not all people are not satisfy with their life style, people who are addicted in gambling they are the once who are really not satisfy in their life style, because for sure they gamble because they want more, or they want to gain more profit. Yes, I also gamble sometime, but I am just trying my luck and I don't use all my money to gamble and I don't expect that I can win big. I don't want to bet big amount.

You are right with why you are going to fool yourself in gambling and get addicted with it and tendency you are just going to lose funds after all.

And it is better if you are going to be satisfied on what lifestyle you have today. Because if you are going to try to become satisfy on what you have.

For sure you are going to make better each day.
hero member
Activity: 1078
Merit: 501
July 20, 2016, 01:15:37 AM
#61
people are addicted and bored with their lives, or they win once and believe they can do it again and get used to losing for years and years

No doubt gambling sucks so badly and that is true people are not satisfied with their life style, this kind of win when someone made very big amount so quickly and this made him believe he has very good skill and luck, this thing keep him on trying again and again.
Not all people are not satisfy with their life style, people who are addicted in gambling they are the once who are really not satisfy in their life style, because for sure they gamble because they want more, or they want to gain more profit. Yes, I also gamble sometime, but I am just trying my luck and I don't use all my money to gamble and I don't expect that I can win big. I don't want to bet big amount.
hero member
Activity: 714
Merit: 500
Me, myself and I
July 19, 2016, 04:25:52 PM
#60
people are addicted and bored with their lives, or they win once and believe they can do it again and get used to losing for years and years
It's hypnotized by gambling, you will do same if you do that all the time so you will not easy to remove gambling as a part of your life but you can remove if you have typical can change your style anytime you want so they key it's under your control. never trust you can win all the time in gambling let your mind and heart not go hand in hand at the same way it will help you out from addicted with gambling.
hero member
Activity: 770
Merit: 500
July 19, 2016, 04:21:12 PM
#59
Do you guys think that people fool themselves to hide from the truth as a method to protect themselves ? I think it may be a reason can't think of anymore right now unfortunately.
hero member
Activity: 1246
Merit: 534
July 19, 2016, 04:11:30 AM
#58
well for 1 bet lets say i want profit of .1 and my bankroll is 1btc ill bet on 90% but if im playing on 1btc bankroll and i want to double it ill play on 50% it all depends on mood, how much i want to make, risk im willing to take at that time, but ive seen people lossing alot of money on 98% so every bet you click is big risk. so never bet what you can't afford to lose.
regards.
-Katerniko1
that is tru mate, its all about the goal and how much are you willing to risk for it, but if its a one time bet, ill go with the higher odds, than betting ot 49.5%. Hehe
hero member
Activity: 686
Merit: 500
July 18, 2016, 02:00:21 AM
#57
people are addicted and bored with their lives, or they win once and believe they can do it again and get used to losing for years and years

No doubt gambling sucks so badly and that is true people are not satisfied with their life style, this kind of win when someone made very big amount so quickly and this made him believe he has very good skill and luck, this thing keep him on trying again and again.
legendary
Activity: 1834
Merit: 1008
July 18, 2016, 01:51:29 AM
#56
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....

that is right. but i don't think it makes any difference really because in all of these you are having a hard time winning in dice because of the house edge and the fact that you can face a very long losing streak and lose all your bankroll. and it doesn't matter what chance you use because in all chances you will face a losing streak to lose all your bankroll.

So that mean you are saying that it is not profitable in dice games right? But why people keep on playing it like crazy, most of them are surely know this thing but they keep on playing on dice site too. Can you even explain this??
legendary
Activity: 1456
Merit: 1005
July 18, 2016, 01:10:40 AM
#55
It doesn't matter what percentage of odds you are playing, whether they are high or low, you will always come out at a loss in the long run because of the house edge.  Anyone gambling to make a profit is fooling themselves.  When I play, I play it for entertainment and I know that I am going to loose my money, but I only play a few dollars worth that I know is going to be gone.  It's just the cost of entertainment and "fun" to me.

If you have this kind of mindset before gambling then one will enjoy the fun part of a game because you are not worried about whether the end results. But most of the gamblers are gambling for quick money, and they will end up in a more stress after they lose money. In such cases, they won't enjoy the game and more pressure after the game.
hero member
Activity: 616
Merit: 500
I AM A SCAMMER
July 18, 2016, 12:40:17 AM
#54
It doesn't matter what percentage of odds you are playing, whether they are high or low, you will always come out at a loss in the long run because of the house edge.  Anyone gambling to make a profit is fooling themselves.  When I play, I play it for entertainment and I know that I am going to loose my money, but I only play a few dollars worth that I know is going to be gone.  It's just the cost of entertainment and "fun" to me.
full member
Activity: 222
Merit: 101
Novus ordo seclorum
July 18, 2016, 12:35:02 AM
#53
people are addicted and bored with their lives, or they win once and believe they can do it again and get used to losing for years and years
legendary
Activity: 966
Merit: 1000
July 18, 2016, 12:28:23 AM
#52
well for 1 bet lets say i want profit of .1 and my bankroll is 1btc ill bet on 90% but if im playing on 1btc bankroll and i want to double it ill play on 50% it all depends on mood, how much i want to make, risk im willing to take at that time, but ive seen people lossing alot of money on 98% so every bet you click is big risk. so never bet what you can't afford to lose.
regards.
-Katerniko1
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
July 18, 2016, 12:16:01 AM
#51
i did roll with 90% chance but i lost it 3 times in a row and bets for high chance will not automatically get a profit because there is no safer way to do so and now for me i do not bets for small odds because i considers if i'm not lucky the results will not so different if i do bets for high odds
legendary
Activity: 3472
Merit: 10611
July 17, 2016, 10:57:21 PM
#50
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....

that is right. but i don't think it makes any difference really because in all of these you are having a hard time winning in dice because of the house edge and the fact that you can face a very long losing streak and lose all your bankroll. and it doesn't matter what chance you use because in all chances you will face a losing streak to lose all your bankroll.
legendary
Activity: 1078
Merit: 1000
July 17, 2016, 10:50:55 PM
#49
if you are into gambling anyway so why not gambling everything. but then again of course it depends to your personality and who you listen to.
keep in mind that you are betting against each other so motives are at work here. win someone loses someone wins of course, they could be users or the house themselves.

Getting all in is a bad strategy, an experienced gambler would avoid that at all cost.
You know that all in is an immediate lose of money without any strategy. 

Nope, somtimes you really need to all in too but sure with low odds so that you can really earn something but if you are lucky enough you can try 2x odds which mean it will double your balance right away. This is pretty desperate thing to do but still it is worth to try too
hero member
Activity: 770
Merit: 500
July 17, 2016, 04:43:58 PM
#48
if you are into gambling anyway so why not gambling everything. but then again of course it depends to your personality and who you listen to.
keep in mind that you are betting against each other so motives are at work here. win someone loses someone wins of course, they could be users or the house themselves.

Getting all in is a bad strategy, an experienced gambler would avoid that at all cost.
You know that all in is an immediate lose of money without any strategy. 

Yes this is true. But their times I have gone all in and won and got my btc back and even made a profit. There also times I have done the same but then lost them all instead of just being happy with getting them back. That's why I speak of the psychological aspect of the casino on a players mind.
sr. member
Activity: 476
Merit: 250
July 16, 2016, 01:20:09 PM
#47
if you are into gambling anyway so why not gambling everything. but then again of course it depends to your personality and who you listen to.
keep in mind that you are betting against each other so motives are at work here. win someone loses someone wins of course, they could be users or the house themselves.

Getting all in is a bad strategy, an experienced gambler would avoid that at all cost.
You know that all in is an immediate lose of money without any strategy. 
hero member
Activity: 1162
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
July 16, 2016, 12:27:09 PM
#46
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
Its not as simple as that, because it depends on the goal man. For example, you have 0.1 btc, and your goal is 0.001 only, it is better to make this bet at 98% winning chance, than to make a bet of 0.001 at 49.5% chance.

Why do you think that ? what are your workings for that ? you shoud get 2% profit off every 1% to risk. any less is no good regardless if you think you think it is better it simply is just not.
hero member
Activity: 1246
Merit: 534
July 16, 2016, 12:21:39 PM
#45
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
Its not as simple as that, because it depends on the goal man. For example, you have 0.1 btc, and your goal is 0.001 only, it is better to make this bet at 98% winning chance, than to make a bet of 0.001 at 49.5% chance.
legendary
Activity: 2492
Merit: 1018
July 16, 2016, 09:00:19 AM
#44
if you are into gambling anyway so why not gambling everything. but then again of course it depends to your personality and who you listen to.
keep in mind that you are betting against each other so motives are at work here. win someone loses someone wins of course, they could be users or the house themselves.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
July 16, 2016, 08:01:06 AM
#43
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....

you forgot the most important point in all this:
this is gambling
so it doesn't matter which odds you choose, you should always go with the one that you feel good about and feel lucky. because it is all about luck.
people sometimes say bet on 90% because in case you get lucky and win early on, you can gain a lot of profit this way easily.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
July 16, 2016, 07:59:26 AM
#42
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
People are still doing this method because they know that they're likely to win most of their bets. Betting on 90% is only good for those people who bet with huge amount of bitcoin.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 16, 2016, 07:47:02 AM
#41
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....

maybe we said that is fool themselves, but i think maybe they just want to have fun so they do 90% and maybe they want to hope that chance to win is become big. or maybe this would be their strategy, we do not know what the gambler think.
sr. member
Activity: 588
Merit: 251
July 16, 2016, 07:34:17 AM
#40
People just want to feel safer I guess. The want some of the thrill of gambling but not all of it.
legendary
Activity: 1456
Merit: 1005
July 16, 2016, 07:22:02 AM
#39
And whats make me laugh on them is after they play they will complain after lossing all their bitcoin in a 98% chance. They thought they can easily win in a high chance which is very wrong.

Whoever is complaining about such things don't know how probably fair system is working so it is not their fault. It is just a matter of time until they understood how this system works later they know how to manage their odds. But if anyone gambles for a long time, one thing is sure whether you bet either low or high at the end house will make sure they will win,
legendary
Activity: 2058
Merit: 1015
July 16, 2016, 07:14:11 AM
#38
And whats make me laugh on them is after they play they will complain after lossing all their bitcoin in a 98% chance. They thought they can easily win in a high chance which is very wrong.
hero member
Activity: 770
Merit: 500
July 16, 2016, 06:37:58 AM
#37
This is a good topic to decide which gambling site you have to invest really. Some poker gamblers won on brk thread which I think the game depends to how users play but on dice? its always the house that win. so i guess its better to invest don ice site. Smiley  has anyone ever won big on DICE?

I have not made such a big win my biggest is 0.024 I dont want to go higher I already think its too high. You are correct in saying it is nest to invest. I now invest in the leading casinos and I'm very happy with my choice. I no longer need to stress and I combine this with affiliate marketing you will make a lot. 
legendary
Activity: 2492
Merit: 1018
July 14, 2016, 11:50:32 PM
#36
This is a good topic to decide which gambling site you have to invest really. Some poker gamblers won on brk thread which I think the game depends to how users play but on dice? its always the house that win. so i guess its better to invest don ice site. Smiley  has anyone ever won big on DICE?
full member
Activity: 154
Merit: 100
July 14, 2016, 10:24:43 PM
#35
i was rolling 90% chance but now i only do like that if i need just a little profit with high chance to when but for profit i do now not even 50% i choose now to bet 25% chance of win to get more profit and that is working yesterday i turn 3800 satouchi to 0.01 btc with chance like that.
be smart and bet with high odds you  will win more than you think.

Do betting > 50% is enough to make the heart beat more toned. Because most of the many people who made a bet with a chance > 50% is people who already understand about looking for opportunity in search of victory. So if beginners use way that will impact suffered defeat.
hero member
Activity: 1078
Merit: 501
July 14, 2016, 10:21:53 PM
#34
anyone who gambles anything expecting to do well out of it is fooling themselves. you should be doing it for fun, nothing more. if you're not having fun then it's time to step away.

I believed on what you had just said.

Same as what I want with gambling is to have a fun with it.

So I think everyone should consider gambling as a source of fun only and not a source of money for living.

Gambling is made to entertain gamblers so that they get fun from it and from playing in it.
when you consider gambling as a source of money, then do you think you actually want to earn from unstable way of getting a money or losing something in it.

I believed now that almost every gamblers do play for fun now.




We are also fooling ourselves because we don't want to stop and stay away from gambling. That's the truth behind of fooling ourselves in gambling. All of us experience loosing but we never stop to gamble. Because we just want to without any reasons. That's how we feel and we didn't accept the reality of being a looser at the end of the day.
sr. member
Activity: 462
Merit: 250
July 14, 2016, 06:00:43 PM
#33
i was rolling 90% chance but now i only do like that if i need just a little profit with high chance to when but for profit i do now not even 50% i choose now to bet 25% chance of win to get more profit and that is working yesterday i turn 3800 satouchi to 0.01 btc with chance like that.
be smart and bet with high odds you  will win more than you think.
HCP
legendary
Activity: 2086
Merit: 4361
July 14, 2016, 05:23:55 PM
#32
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
I think you're wrong. 1 roll at 50% can make you lose 100%. Whereas 5 rolls on 90% can lead to win with a higher probability

This is wrong! 10% x5 = 50% and is 50% more than on 100% and what if you lose first time on 90% you risk all fpr 10% ? Rather risk all fpr double.

Wow... the level of maths fail here is astronomical...  Undecided

It is quite obvious reading the numerous responses on this thread that there is a basic lack of understanding of how probability and statistics work.

Firstly, 5 rolls at 90% IS NOT equal to the chance of 1 roll at 50%... the 10% chances of lose DO NOT stack up each roll... this is also not a conditional probability... each roll is independent of the previous roll(s)... (assuming the game isn't rigged)

So... if you have 90% odds of winning...
roll 1: lose % = 10%
roll 2: lose % = 10%
roll 3: lose % = 10%
roll 4: lose % = 10%
roll 5: lose % = ?? I'll award 100internetz to the first person that can guess the answer Tongue
....
roll N: lose % = 10%

likewise... if you have 50% odds of winning...
roll 1: lose % = 50%
roll 2: lose % = 50%
roll 3: lose % = 50%
....
roll N: lose % = 50%

90% chance of winning is obviously greater than 50% of winning.... to put it another way... if you roll 10 times, at 90% you should win 9 out of those 10. At 50% you should win 5 out of those 10. The casinos recognise this, and therefore adjust the payouts accordingly, so you win more often, but you win less each time.

Going by the logic you guys are using, you should NEVER EVER play 50% more than once... because 2x 50% = 100% so you are guaranteed to lose right??? Roll Eyes That obviously explains why you can get those 5+ win streaks on 50% odds... oh... wait...

Secondly, to the guy going on about running into house edge "more often" taking 5 rolls... *sigh*... the house edge is built into the odds and payouts you are getting... this is why the dice site doesn't even offer 50% @ 2x payout... If you want 50%, the payout will be 1.975x-1.99x... If you want 2x they only offer 47.5-49% of winning... That is their "mathematical" edge... they don't give you "true" payouts for the odds you get...

Honestly, I need to find some investors and start an online gambling site... no wonder they make so much money... with so many people gambling money who clearly don't understand how it works.  Shocked
legendary
Activity: 1792
Merit: 1283
July 14, 2016, 05:10:31 PM
#31
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
because people thought betting for small odds it would be more save than betting on high odds but i personally won't do that because it's just only wasting my time also gambling are based from our luck even though you start it from small odds but doesn't mean will automatically get profit and if you aren't lucky you will lost all your money even you start it from small odds
I would think that by doing so, you would just increase the chances of becoming addicted, since you're trying to maximize your play-time and taking more risks by doing so.
But then again, some people just want to have fun for a bit longer than just making 1 bet, and can do so without getting addicted.
hero member
Activity: 574
Merit: 500
July 14, 2016, 04:27:28 PM
#30
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
That is the reason i like to do big pets on 2x payout.
I have notice im really not lucky when i do 90% chance,but if i do 2x payout it is actually bigger chance that i wont hit the bet,but actually
sometimes it works,and i can win really big thanks to this.
member
Activity: 112
Merit: 10
July 14, 2016, 04:25:44 PM
#29
As long you start to gamble, you already fool yourself, no matter what percentage you roll at, your money value has already gone down due to the house edge set by casino.

your $100 is not $100 anymore due to house edge, the best is do not gamble at all.

Quit gambling for good
sr. member
Activity: 322
Merit: 250
July 14, 2016, 04:17:43 PM
#28
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....

I think they are playing it safe however after I've read your proposal it looks good and convincing I will try to make roll that 47%
hero member
Activity: 924
Merit: 501
July 14, 2016, 12:38:59 PM
#27
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
I think you're wrong. 1 roll at 50% can make you lose 100%. Whereas 5 rolls on 90% can lead to win with a higher probability

This is wrong! 10% x5 = 50% and is 50% more than on 100% and what if you lose first time on 90% you risk all fpr 10% ? Rather risk all fpr double.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
July 14, 2016, 12:35:43 PM
#26
No matter what odds you select in a dice game, the house edge is still there.
Even if a select a very high chance of winning (>90%), one loss can wipe out your profits from 10 wins.

The reason why people select to bet at such low odds is they have a very high chance of winning than at standard 50% chance.
Yeah i tried already even high chances of winning it can be still lose all your deposit.. i thought that dice game can make streak winning profit but result is bad.. it can be still drain your balance..
legendary
Activity: 1638
Merit: 1046
July 14, 2016, 11:21:35 AM
#25
People fool themselves because they need reasons to remain in gambling. I also saw many people inclusive myself when lost some significant amount of money said will not play anymore. It was me later who convinced me made fool of me , that trying different way this time luck will work and all will be in my favor. We don't understand that we foolish ourselves but not to someone else.
I really feel you here sir hahaha, always saying that dice games was sucks and just wasting my time instead of doing trading but in the other side of my mind i'm still thinking how to win with the house carefully calculating the possible earnings or the possible bet that I need using martingale and avoid to lose again hahaha. for me that's fooling yourself already.
Honestly its better to trading and don't try again to play in dice game if you are looking for profit.. i tried dice game many times but never get any profit in dice game.. only promo given to me a profit when the primedice giving away 0.03 before..
legendary
Activity: 1652
Merit: 1000
July 14, 2016, 11:14:32 AM
#24
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
because people thought betting for small odds it would be more save than betting on high odds but i personally won't do that because it's just only wasting my time also gambling are based from our luck even though you start it from small odds but doesn't mean will automatically get profit and if you aren't lucky you will lost all your money even you start it from small odds
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
July 14, 2016, 11:02:00 AM
#23
Simple answer anyone can give you is risk of lossing is very high for 50% than 90% and if you really look only the potential profit in one roll why don't go with 1% winning odd.  Wink
hero member
Activity: 728
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July 14, 2016, 10:57:38 AM
#22
I will say to those who put on stake their money and say we gamble for fun is another form of fooling themselves. It is true you will not go to take risk of your money if you aware of the every possibility. You simply fool yourself and also try to foll others as well by saying we gamble for fun. It is most common excuse of escaping the reality.
legendary
Activity: 1302
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July 14, 2016, 10:57:18 AM
#21
anyone who gambles anything expecting to do well out of it is fooling themselves. you should be doing it for fun, nothing more. if you're not having fun then it's time to step away.

I believed on what you had just said.

Same as what I want with gambling is to have a fun with it.

So I think everyone should consider gambling as a source of fun only and not a source of money for living.

Gambling is made to entertain gamblers so that they get fun from it and from playing in it.
when you consider gambling as a source of money, then do you think you actually want to earn from unstable way of getting a money or losing something in it.

I believed now that almost every gamblers do play for fun now.




What you are telling is what been said mostly on this type of topic thread but even then who ever is gambling is only for fun for some time , but when he loses more then it become recovery option and then they get addicted so we cannot tell what is the problem.

fooling is playing gambling for fun and then starting to earn itself is fooling yourself. Stop gambling let it be for fun or real dont gamble.
full member
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July 14, 2016, 10:51:33 AM
#20
anyone who gambles anything expecting to do well out of it is fooling themselves. you should be doing it for fun, nothing more. if you're not having fun then it's time to step away.

I believed on what you had just said.

Same as what I want with gambling is to have a fun with it.

So I think everyone should consider gambling as a source of fun only and not a source of money for living.

Gambling is made to entertain gamblers so that they get fun from it and from playing in it.
when you consider gambling as a source of money, then do you think you actually want to earn from unstable way of getting a money or losing something in it.

I believed now that almost every gamblers do play for fun now.


legendary
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July 14, 2016, 10:46:17 AM
#19
anyone who gambles anything expecting to do well out of it is fooling themselves. you should be doing it for fun, nothing more. if you're not having fun then it's time to step away.
hero member
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July 14, 2016, 10:35:56 AM
#18
It is true there is very low chance to get recover when we lost on odds like 1.01 or something around that, than we had to take risk with more big amount to get recover and if we are unlucky than will get busted for sure, I also like to play with bigger odds to take risk of low amount.
full member
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July 14, 2016, 10:31:26 AM
#17
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....

Yeah you are right,

If we try to simply calculate the difference with betting in low odds and the other one when it regards to percentage of winning, then we do pose more profit if we win at 1 roll at 50 %.

but for me actually, I do  Not recommend playing a dice game in gambling as it tends to make you lose more of your money in the long run rather than win some from it.
hero member
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July 14, 2016, 10:24:36 AM
#16
People fool themselves because they need reasons to remain in gambling. I also saw many people inclusive myself when lost some significant amount of money said will not play anymore. It was me later who convinced me made fool of me , that trying different way this time luck will work and all will be in my favor. We don't understand that we foolish ourselves but not to someone else.
I really feel you here sir hahaha, always saying that dice games was sucks and just wasting my time instead of doing trading but in the other side of my mind i'm still thinking how to win with the house carefully calculating the possible earnings or the possible bet that I need using martingale and avoid to lose again hahaha. for me that's fooling yourself already.
hero member
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July 14, 2016, 10:20:22 AM
#15
People fool themselves because they need reasons to remain in gambling. I also saw many people inclusive myself when lost some significant amount of money said will not play anymore. It was me later who convinced me made fool of me , that trying different way this time luck will work and all will be in my favor. We don't understand that we foolish ourselves but not to someone else.
sr. member
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Merit: 250
July 14, 2016, 10:10:49 AM
#14
I think better make bet with 99,99999999999999% chances on win, because you can live your life and never seen lose)
legendary
Activity: 1344
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July 14, 2016, 10:04:56 AM
#13
No matter what odds you select in a dice game, the house edge is still there.
Even if a select a very high chance of winning (>90%), one loss can wipe out your profits from 10 wins.

The reason why people select to bet at such low odds is they have a very high chance of winning than at standard 50% chance.
legendary
Activity: 1073
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July 14, 2016, 09:39:38 AM
#12
The house edge won't change no matter what, if you bet on dice.

Just do whatever you want, bet on low odds is no different than bet on high odds
hero member
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July 14, 2016, 09:28:35 AM
#11
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
well if you do low odds bets continuously , sure you would lost it more than bet on 50:50 chance. let's say you bet 1btc at 1.1 odds , you won it 5x and you get 0.5 profit or 50% profit. this kind low odds bet only work for once or twice bet.

Do low odds bets continuously is very dangerous, especially on dice sites. you will ended with busted for sure, but if you bet on that odds for short run, you can easily get profit.

True, do a lowly betting (odds) will have an impact on the Fund put dangerous, because we want results but it takes a little sacrifice is not comparable from the results obtained. But the way I think it is very useful for those who want to get out in the gambling.
sr. member
Activity: 434
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July 14, 2016, 09:24:50 AM
#10
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
well if you do low odds bets continuously , sure you would lost it more than bet on 50:50 chance. let's say you bet 1btc at 1.1 odds , you won it 5x and you get 0.5 profit or 50% profit. this kind low odds bet only work for once or twice bet.

Do low odds bets continuously is very dangerous, especially on dice sites. you will ended with busted for sure, but if you bet on that odds for short run, you can easily get profit.
hero member
Activity: 700
Merit: 500
July 14, 2016, 08:53:27 AM
#9
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....

Betting depend on our luck so it is not good idea to roll the dice on low payout like 98% win chance, I got 4 reds in row and more than 13 reds in just 30 bets, normally I also like to with 2x payout it is more better to play on a dice site instead to lose big amount on other high win chance there.
legendary
Activity: 3500
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July 14, 2016, 08:46:47 AM
#8
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
I think you're wrong. 1 roll at 50% can make you lose 100%. Whereas 5 rolls on 90% can lead to win with a higher probability

Depends on your luck, you can lose all those 5rolls on 90% as well and it make you lose 500%. In order to make the same amount of profit, I will prefer to use 1 roll at 50% than 10rolls at 90% because the risk to lose in first bet is the same.
legendary
Activity: 1442
Merit: 1001
July 14, 2016, 06:38:20 AM
#7
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....

As far as I know if someone rolled  90% then if the bet lost he would raise the amount bet to close defeat
if someone rolled up 90% and then lose and roll with the same bet I'm sure he  never win because I've tried
I'd rather roll up 0.1% comparison 1/999 this way is much better
legendary
Activity: 1134
Merit: 1598
July 14, 2016, 06:29:42 AM
#6
This is right, but you see.. you are getting fooled even by playing with 50% odds. It never works for a long run, just (maybe) the first bets. I usually bet a few satoshis as a pre-roll, I win all of them, and then I go all in and loose all. This is why we are told to stay safe: everything looks too good to be true when it comes about gambling. And it is. Stay safe, guys! Don't risk it all! Because you can loose all you had as fast as you can double it.
hero member
Activity: 686
Merit: 500
July 14, 2016, 06:26:03 AM
#5
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
I think you're wrong. 1 roll at 50% can make you lose 100%. Whereas 5 rolls on 90% can lead to win with a higher probability

50% or 90% can both lose in the very first roll. I can only see here is the 1 roll is better coz you will only hit by the house edge 1 time unlike in 5 rolls at 90% win chance there will be 5x 1% house edge against you
legendary
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July 14, 2016, 05:58:11 AM
#4
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
I think you're wrong. 1 roll at 50% can make you lose 100%. Whereas 5 rolls on 90% can lead to win with a higher probability
legendary
Activity: 1442
Merit: 1008
July 14, 2016, 05:54:24 AM
#3
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
well if you do low odds bets continuously , sure you would lost it more than bet on 50:50 chance. let's say you bet 1btc at 1.1 odds , you won it 5x and you get 0.5 profit or 50% profit. this kind low odds bet only work for once or twice bet.
hero member
Activity: 756
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July 14, 2016, 05:45:37 AM
#2
True, the chance is only determine the amount of losses is obtained and it is also the most influential of the profits obtained. I think this was done because they want to get enough profit and does not want to get the defeat (though it will get the defeat).
hero member
Activity: 770
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July 14, 2016, 05:39:45 AM
#1
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
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