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Topic: ♨️🎲 WINDICE.io 🎲 0.3 BTC Wagering Contest 🔰 Progressive Faucet💰 Jackpots 🎁❤ - page 53. (Read 29951 times)

legendary
Activity: 2464
Merit: 1102
With wagering low amounts you are expected to lose 1% of the total amount you wager.
If you bet 100 Satoshi 100,000 times, there is no difference the multiplier is 1.1 or 100.

There is a difference for sure. In how long you can last, and how many wagers you can accumulate. So the difference is not in the expected loss amounts,,, but in the expected number of rolls before you lose that amount.

If you bet 100 satoshi at 100, you will expect to lose it 99 times out of 100 (roughly). So if you only have 1000 satoshi you can bet ten times and very high chance to lose it all without winning.

But if you bet at 1.1 you can expect to last 10 rolls and win once,,, Get it?
That is only makes you gamble longer, it doesn't really change the outcome as much. Sure, if you are working towards the competition that means gambling as much as possible is the important part and betting on 100 is bad idea because you would lose quickly and betting on 1.1 is a good idea because you can gamble longer.

However if you want to "win" both will end up in the same result which is losing all your money eventually even if it takes a quick second or a year, it all leads to loss. Contests like these are just making trying to figure out methods how they could gamble as much as possible and not lose too much money, at least not more than the reward the contest is giving, that is not bad for the casino but eventually how could you expect not to lose.
legendary
Activity: 2016
Merit: 1107
No hard feels. Ripple and XRP are actually not the same thing but belong to the same CEO. However, the last time I checked most crypto gambling site barely accept XRP due to its status in the market and I believe gambling add coin base on their user opinion with the coin level of profitable in the market.
Weldone Windice for adding more coin.

I agree to disagree - most of the top sites have support for XRP
it happened to be the newest coin added on Stake and it is extremely popular among the HR bettors
at least a decent amount of highrollers bets are made in ripple , you can see for yourself
Bitsler added XRP long time ago and other sites have support too , namely cryptogames and duckdice , from the top of my head
every new coin added means new gamblers and , potentially , new whales , playing
this is why some sites introduce relatively unknown and not so popular coins , simply because there are not many places yet  that accept it and there is a high chance a whale or a miner starts to play and brings profit to the casino
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me

cool! BCH support is added by windice!
not a huge fan of Bitcoin cash in general , but it is pretty popular among gamblers it seems
I say the more the merrier , the more coins a site supports , the more players and more volume it has
maybe add Ripple or Dash support next , probably the next two popular altcoins ( if it can be said about crappy centralized ripple , but meh)

No hard feels. Ripple and XRP are actually not the same thing but belong to the same CEO. However, the last time I checked most crypto gambling site barely accept XRP due to its status in the market and I believe gambling add coin base on their user opinion with the coin level of profitable in the market.
Weldone Windice for adding more coin.
full member
Activity: 798
Merit: 104
Great, two news for this day. Although I'm not a fan of BCH and don't like it but the more support for different altcoins is good for the platform.

And here we go, 220M bets as another achievement for windice.

@livingfree it’s surprised me also that they have added support for BCH, was there any demand from their existing user base for adding BCH?. Congratulations Windice that’s a huge milestone, and it seems each time I visit this ANN I’m greeted by a new milestone achieved by the Windice team.
I guess there is.

They wouldn't add a coin if there's no demand for it. And another thing is that there's a lot of casinos that has added BCH on their support. Meanwhile, as we don't think that there's a huge usage of it and we don't use it, they won't decide about it if it's not useful on their end.

Yup that it right maybe the demand for BCH user are a lot because I see most online casino offer a BCH on their site, this is also a good promotion to attract morr player specially those player that want to ise BCH as their fund.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
Great, two news for this day. Although I'm not a fan of BCH and don't like it but the more support for different altcoins is good for the platform.

And here we go, 220M bets as another achievement for windice.

@livingfree it’s surprised me also that they have added support for BCH, was there any demand from their existing user base for adding BCH?. Congratulations Windice that’s a huge milestone, and it seems each time I visit this ANN I’m greeted by a new milestone achieved by the Windice team.
I guess there is.

They wouldn't add a coin if there's no demand for it. And another thing is that there's a lot of casinos that has added BCH on their support. Meanwhile, as we don't think that there's a huge usage of it and we don't use it, they won't decide about it if it's not useful on their end.
legendary
Activity: 3122
Merit: 1140
Great, two news for this day. Although I'm not a fan of BCH and don't like it but the more support for different altcoins is good for the platform.

And here we go, 220M bets as another achievement for windice.

@livingfree it’s surprised me also that they have added support for BCH, was there any demand from their existing user base for adding BCH?. Congratulations Windice that’s a huge milestone, and it seems each time I visit this ANN I’m greeted by a new milestone achieved by the Windice team.
In demand or  not, adding up more crypto deposit options is still a good one yet this will extent out for people to deposit in multiple coins.
This isnt something new yet majority of top gambling sites nowadays already done this stuff so its no surprise that this would be just like a
normal or typical feature for a site to have.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
With wagering low amounts you are expected to lose 1% of the total amount you wager.
If you bet 100 Satoshi 100,000 times, there is no difference the multiplier is 1.1 or 100.

There is a difference for sure. In how long you can last, and how many wagers you can accumulate. So the difference is not in the expected loss amounts,,, but in the expected number of rolls before you lose that amount.

If you bet 100 satoshi at 100, you will expect to lose it 99 times out of 100 (roughly). So if you only have 1000 satoshi you can bet ten times and very high chance to lose it all without winning.

But if you bet at 1.1 you can expect to last 10 rolls and win once,,, Get it?
hero member
Activity: 1932
Merit: 511
Vave.com - Crypto Casino
was there any demand from their existing user base for adding BCH?.
I'm not user BitcoinCash(BCH). But i trade on it sometimes, just take a part in best moment. So far I did spend BCH to casino from rewards of hardforks xD. Based Rank on CMC, they have big demand trade(Volume), which mean probably those people using BCH for trade,spend, and gambling.
hero member
Activity: 2646
Merit: 686
Great, two news for this day. Although I'm not a fan of BCH and don't like it but the more support for different altcoins is good for the platform.

And here we go, 220M bets as another achievement for windice.

@livingfree it’s surprised me also that they have added support for BCH, was there any demand from their existing user base for adding BCH?. Congratulations Windice that’s a huge milestone, and it seems each time I visit this ANN I’m greeted by a new milestone achieved by the Windice team.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
Great, two news for this day. Although I'm not a fan of BCH and don't like it but the more support for different altcoins is good for the platform.

And here we go, 220M bets as another achievement for windice.
full member
Activity: 896
Merit: 236

Its good achievement by you and your team in very less time congrats from me keep up this I love to be on site every day.
copper member
Activity: 424
Merit: 5
🎲 windice.io ❤️
legendary
Activity: 2016
Merit: 1107

cool! BCH support is added by windice!
not a huge fan of Bitcoin cash in general , but it is pretty popular among gamblers it seems
I say the more the merrier , the more coins a site supports , the more players and more volume it has
maybe add Ripple or Dash support next , probably the next two popular altcoins ( if it can be said about crappy centralized ripple , but meh)
legendary
Activity: 2716
Merit: 1017
Join the world-leading crypto sportsbook NOW!
So, I still think betting small on high odds of winning is a better strategy because even if you lose you lose small amount and there is a chance of hitting 100 in a row wins (even if you lose once or twice its small amount) and that ends up with high wagered amount.
With wagering low amounts you are expected to lose 1% of the total amount you wager.
If you bet 100 Satoshi 100,000 times, there is no difference the multiplier is 1.1 or 100.
However the strategy will not work eventually we will also lose money. Because when betting a low amount with a high chance, the profit obtained is only slightly not proportional to the number of wagers you make. When you lose a bet will recover if you have for example 10 wins but what if in 10 times there are several bets that lose would be difficult to recover and even get profit.
copper member
Activity: 424
Merit: 5
🎲 windice.io ❤️
full member
Activity: 602
Merit: 116
So, I still think betting small on high odds of winning is a better strategy because even if you lose you lose small amount and there is a chance of hitting 100 in a row wins (even if you lose once or twice its small amount) and that ends up with high wagered amount.
With wagering low amounts you are expected to lose 1% of the total amount you wager.
If you bet 100 Satoshi 100,000 times, there is no difference the multiplier is 1.1 or 100.
legendary
Activity: 2464
Merit: 1102
For pursuing wagering contests i suggest to you just stick to the normal bets such as 2x payout and do not use martingale strategy because it will dried your balance rapidly and the worst thing if you use that method for the contests is you will run out your money but at the end of contests you cannot reach good position to get prizes

Agree,,, but this depends on your balance. To build a wager for first few levels, I would say at least 0,05 BTC is necessary to last 1 million bets at x2 payout on starting bet 1 satoshi, but if you have much much less, I would even go for just small bets like 100 satoshi at max chance, and then no increase on loss.

OR my personal favorite is to x2 martingale till maybe 1000 profit, then use 100 on max chance until bust. Repeat again and again.
Martingale or any other strategy is at the end all depends on the luck of the player. I once had a streak of 11 wins, considering it was martingale my win wasn't as considerable as it could be yet when I had 7 in a row loss (less than 11 streak) I lost all my money. So, at the end as you can see martingale has a very slim margin of unlucky streaks, if you end up at the red too many times in a row then you may end up with nothing and winning the contest wouldn't help you recover 10% of that most of the time.

So, I still think betting small on high odds of winning is a better strategy because even if you lose you lose small amount and there is a chance of hitting 100 in a row wins (even if you lose once or twice its small amount) and that ends up with high wagered amount.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
~ If you want to just gamble as much as possible my suggestion is to have enough funds and gamble with minimum allowed bet with 98%, you can still lose with that but at least you won't lose much.

You've just described the most boring way of gambling ever. I'm sure you'll agree with me after rereading what you were suggesting. )

Hehe, this strategy and percentage is good if you don't want to mess that much but knowing that there's a 2% chance of losing then why go for higher percentage with possible higher reward.

The risk is higher but it would be worth to try. Yeah, setting automatic @98% sort of boring.  Tongue
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
[im g]https://i.imgur.com/u21f4bQ.png[/img]

Look, I wagered 914 DOGE with 10 bets, while losing nothing, which was pretty much expected for playing with 98% win chance.

I think, you'll agree that if I were betting with 49.5% win chance, I would, most likely, lose at least 2 bets within 10. So my balance would decrease by 183 DOGE, (most likely), instead of being increased by 9 DOGE.

If you play with a very big balance, and make tens of thousands bets, it almost doesn't matter what strategy you are using. But for a balance that is just 10-20 times higher of your bet amount, betting with the highest win chance possible is definitely better than anything else, if your aim is to win a wagering contest.
The problem with that type of 98% win chance is that you need to win 100 times before you can lose, not 10. You can play 10 times in a row and not lose, that is a possibility but what if you gamble 200 times and lose 3 times? That would mean you lost money as much as a guy who played with 2x or even maybe more. That is why people are saying it doesn't matter what your strategy is, it all depends on your luck.


It wasn't about winning constantly with a strategy. We were talking about winning in a wagering contest. In other words, we were talking about how to lose as little as possible while wagering as much as possible. It depends on the prize pool, but it's not that unusual to see a contest where you will most likely be in profit in the end even if you lose hundreds of thousands sats in the process.

~ If you want to just gamble as much as possible my suggestion is to have enough funds and gamble with minimum allowed bet with 98%, you can still lose with that but at least you won't lose much.

You've just described the most boring way of gambling ever. I'm sure you'll agree with me after rereading what you were suggesting. )
legendary
Activity: 2016
Merit: 1107
It does matter buddy because the user purpose are the wagering contest, to also win his bet and to have longer wagering time, so it better if he mix strategy but I won't advise him to use the martingale strategy due to the risk involve.
@Betwrong was right the guy was actually mixing things.
Martingale strat is considerable on catching up a wagering contest but it is more riskier same as you said but still an ideal way on catching up numbers.

Its a matter of choice though or simply if you can able to handle it but for me it is way more better on catching up high multipliers with that minimum bet strat.
For pursuing wagering contests i suggest to you just stick to the normal bets such as 2x payout and do not use martingale strategy because it will dried your balance rapidly and the worst thing if you use that method for the contests is you will run out your money but at the end of contests you cannot reach good position to get prizes

2x bets is a good way to wager some coins , again , it all depends on your seeds
you are bound to get at least 1% extra reds , so if you bet 100.000 bets with 1000 satoshi , you are bound to lose at least 1000*1000=0.01 btc
but if you are unlucky , your side could get another 2-3.000 extra reds and believe me it is VERY possible
my stats from some other site while betting 50% win chance :



as you can see the difference is around 1.300 extra reds in 80.000 + - bets
flat bets are good when your sole purpose is to wager , since you are almost guaranteed to lose this 1% HE to the casino
still better than the 98% chance bets IMHO
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