Would you risk 10 BTC at 80% to get a 1.2x payout? - page 3.

LuanX3

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Quote from: J Gambler on May 25, 2017, 02:18:51 PM

Hell no I don't even think to risk 10bitcoin just to get win in dice game with that? You always had a percent of loosing if its 100% maybe I will trying always 10bitcoin and you will get 0.12 every win game then it is easy money for us all and for those who had 10 bitcoin on gambling sites always think the risk before doing some stupid things.

It just goes to show you don't have that much money to gamble with. Some people do have this much money to waste in gambling. Also, I would like to correct you there, 1.2x payout means 120%. Which means, if someone does bet 10btc on 1.2x payout, he'll be winning 2btc per bet if he wins. 0.12btc is far from what it is, maybe you don't even know how to gamble.

Noctis Connor

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Quote from: roadbits on May 23, 2017, 08:44:20 AM

Quote from: Noctis Connor on May 23, 2017, 08:33:44 AM

Quote from: jmigdlc99 on May 22, 2017, 10:16:36 AM

Would you risk 10 BTC at 80% to get a 1.2x payout? or even at 90% for a 1.1x?

Seems so easy to get a big payout. Just not quite sure if i can push the roll dice button tho.

But the easy money is so..

Lol if you can't risk that huge amount then good luck for you no one will risk that even you say 80% of chance of winning there will be 20% chance of losing anyway. Lets say on your first bet maybe your unlucky and lose everything you will get suicide for sure loosing 10btc is like loosing millions already here in my country.

I think the mad people or fully gambling addicted people or rich people will take this risk. The normal gamblers never try this method. 10 BTC means do you think small amount it approximately $22500 how many days I have to work to earn this money. If we lose this money in a single bet, yes people will get suicide. I will not dare to bet 0.01 BTC in dice game because I know I will lose that amount.

If they are rich i think risking this kind of money is hard for them like there in casino and you need to all in you money because you trusted your self to will win the game. I will never risk this kind of huge money maybe 1 bitcoin is enough for me to gamble and try to double that in my best strategy and all i know in gambling.

J Gambler

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Hell no I don't even think to risk 10bitcoin just to get win in dice game with that? You always had a percent of loosing if its 100% maybe I will trying always 10bitcoin and you will get 0.12 every win game then it is easy money for us all and for those who had 10 bitcoin on gambling sites always think the risk before doing some stupid things.

Golftech

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Quote from: LuanX3 on May 25, 2017, 10:38:43 AM

Quote from: channingwilmer on May 25, 2017, 03:27:52 AM

This is totally insane. i would rather put 10 bitcoin in ethereum and get 100% of profit in the next month lol. And you should know that I have 99.99% to double my investment while you only have 80% to earn 20% of your investment

How sure are you that you will double your money in ethereum in the next month? What if they all dump their ETH and it all goes down, do you think that is 99.99%, like you described? I know trading has its ups, but there is still risks involved here and you can't say it 99.99% possible to happen.

well that's right we also can't say that with some certain alt we can get 99.99% sure earnings its like placing a bet still i wouldn't like to place
all my investment in just 1 coin better to split it up and make a break even just in case there's a dumped from one of it i still got something to
depend,.betting and trading got something in common both have some sort of risk.

LuanX3

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Quote from: channingwilmer on May 25, 2017, 03:27:52 AM

This is totally insane. i would rather put 10 bitcoin in ethereum and get 100% of profit in the next month lol. And you should know that I have 99.99% to double my investment while you only have 80% to earn 20% of your investment

How sure are you that you will double your money in ethereum in the next month? What if they all dump their ETH and it all goes down, do you think that is 99.99%, like you described? I know trading has its ups, but there is still risks involved here and you can't say it 99.99% possible to happen.

channingwilmer

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This is totally insane. i would rather put 10 bitcoin in ethereum and get 100% of profit in the next month lol. And you should know that I have 99.99% to double my investment while you only have 80% to earn 20% of your investment

ethereumhunter

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Quote from: nydiacaskey01 on May 25, 2017, 02:29:20 AM

No I wouldn't. I learned my lesson on that because I thought that changing the settings to a higher chances of winning is a sure win but its a big no. Gambling is gambling, even if you set the chances to 98%, there's still 2% chance that you will lose that 10 BTC. I would rather play for a 49% chances of winning.

me too, i will not risk my 10 btc for just playing gambling, its a big amount of btc and i think its better to used in other way like doing trading. in gambling, we don't know when we can win the games or loss the games, what we know is we only playing the games and just expecting that we can win the money. but to risk 10 btc, its too dangerous for every people which have small amount of btc in their wallet.

irsykes

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even with 95% + i wouldn't do that stupid thing Grin

risk in gambling can happen everytime you don't know it you gonna lose in the first roll and it can happen to us. that is one stupid thing to do beside martingale

nydiacaskey01

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No I wouldn't. I learned my lesson on that because I thought that changing the settings to a higher chances of winning is a sure win but its a big no. Gambling is gambling, even if you set the chances to 98%, there's still 2% chance that you will lose that 10 BTC. I would rather play for a 49% chances of winning.

uneng

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10 bitcoins isn't an amount to play with. It's a lot of money and it's not good to risk so much money in gambling, imagine if you lose it, 10 bitcoins gone in one click. How long will you take to recover it?
This amount is enought to start a good investment and to earn an income from it.

crwth

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Quote from: numanoid on May 24, 2017, 11:05:15 PM

Quote from: Pamadar on May 24, 2017, 10:41:42 PM

comparatively speaking its much better to invest it rather than risking it in a base on luck games, even you got a high chance of winnings
but still shit happens and 10btc would not let you sleep for the whole week if you lose it in just one click.

Not really, it's depends from how many bitcoins he has. If he has 10,000 or 5000 bitcoins in his pockets. When he lost 10 btc, he still can sleep like usual
I agree if would bebetter to put it on investment rather than gamble it.

That's true even for just slow earning investment, it's just the what you should do if you really want a somewhat sure profit. In gambling, you could really have a great chance to win it if you made a lot of bets with a low chance win rate with high multiplier, that's still a great risk compared to investments.

coynedterm

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Quote from: jmigdlc99 on May 22, 2017, 10:16:36 AM

Would you risk 10 BTC at 80% to get a 1.2x payout? or even at 90% for a 1.1x?

Seems so easy to get a big payout. Just not quite sure if i can push the roll dice button tho.

But the easy money is so..

No and never , I will never make make bet with my btc , because chances to loss are more and also In my life of the gambling I lost about 0.3+ btc and again I don't want to loss much .
Here instead of the gambling I will use my Bitcoin for the investment in the altcoin and will make trading .
I will invest in those altcoin which are famous , stable , trusted , and also more secure like ETH , DASH and will leave it for two months , I am sure that after the three months I will double my Bitcoin with these altcoins , also if the price get down then still the chances of the making money in the future with the increase in the price will remain .
But in the gambling if we lost our bet then we don't need for the future because you lost it forever and now forget about that 10 btc .

RealPhotoshoper

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Quote from: numanoid on May 24, 2017, 11:05:15 PM

Quote from: Pamadar on May 24, 2017, 10:41:42 PM

comparatively speaking its much better to invest it rather than risking it in a base on luck games, even you got a high chance of winnings
but still shit happens and 10btc would not let you sleep for the whole week if you lose it in just one click.

Not really, it's depends from how many bitcoins he has. If he has 10,000 or 5000 bitcoins in his pockets. When he lost 10 btc, he still can sleep like usual
I agree if would bebetter to put it on investment rather than gamble it.

Then better to play with bankroll percentage.
I mean when you have 10btc and want to stake it all on 1.2 multiplier means you are going to go for yolo right?
Just let's say like that , and it is totally a worst idea. I always prefer to use a fair multiplier like 51/49 if i have to stake that much bitcoin to gamble.

numanoid

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Quote from: Pamadar on May 24, 2017, 10:41:42 PM

comparatively speaking its much better to invest it rather than risking it in a base on luck games, even you got a high chance of winnings
but still shit happens and 10btc would not let you sleep for the whole week if you lose it in just one click.

Not really, it's depends from how many bitcoins he has. If he has 10,000 or 5000 bitcoins in his pockets. When he lost 10 btc, he still can sleep like usual
I agree if would bebetter to put it on investment rather than gamble it.

Pamadar

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Quote from: AtlantaFive on May 24, 2017, 09:40:12 PM

Quote from: BlockEye on May 23, 2017, 10:10:46 PM

Quote from: AtlantaFive on May 23, 2017, 07:43:48 PM

I cannot risk a 10 btc bet at 80% because that is too high for a bet just to get a little profit. What if you bet 10 btc and got red you will lose all your balance. I suggest than you only play 1 btc bank roll and play different strategy because sometime that 1.2x payout is a silent killer. i would rather bet it at 2x.

2BTC is not a little profit bro, Hahahha. But the difference on the amount of bet and the potential profit is very far and it is very risky to bet that huge amount even though the chance of winning is high. It is just like betting on superpower team and at the middle of the game, Their star player got injured and result to lose.

Yes 2 btc is big but not that big for a odds of 1.2x. Sometimes even if it's a high chance. The chance of losing is the same as the 2.0x odds. Maybe you put that 10 bitcoin on a investment.

comparatively speaking its much better to invest it rather than risking it in a base on luck games, even you got a high chance of winnings
but still shit happens and 10btc would not let you sleep for the whole week if you lose it in just one click.

klf

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Quote from: AtlantaFive on May 24, 2017, 09:40:12 PM

Quote from: BlockEye on May 23, 2017, 10:10:46 PM

Quote from: AtlantaFive on May 23, 2017, 07:43:48 PM

I cannot risk a 10 btc bet at 80% because that is too high for a bet just to get a little profit. What if you bet 10 btc and got red you will lose all your balance. I suggest than you only play 1 btc bank roll and play different strategy because sometime that 1.2x payout is a silent killer. i would rather bet it at 2x.

2BTC is not a little profit bro, Hahahha. But the difference on the amount of bet and the potential profit is very far and it is very risky to bet that huge amount even though the chance of winning is high. It is just like betting on superpower team and at the middle of the game, Their star player got injured and result to lose.

Yes 2 btc is big but not that big for a odds of 1.2x. Sometimes even if it's a high chance. The chance of losing is the same as the 2.0x odds. Maybe you put that 10 bitcoin on a investment.

Gambling is always based on luck whether you bet at 99% winning chance or 1% winning chance still your results are not guaranteed until you see them and that's why it is not a good thing to risk your 100% money to get a 20% profit. Instead, you can invest that 10 BTC in few good alt-coins surely you will make more than 20% profit after some time.

AtlantaFive

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Quote from: BlockEye on May 23, 2017, 10:10:46 PM

Quote from: AtlantaFive on May 23, 2017, 07:43:48 PM

I cannot risk a 10 btc bet at 80% because that is too high for a bet just to get a little profit. What if you bet 10 btc and got red you will lose all your balance. I suggest than you only play 1 btc bank roll and play different strategy because sometime that 1.2x payout is a silent killer. i would rather bet it at 2x.

2BTC is not a little profit bro, Hahahha. But the difference on the amount of bet and the potential profit is very far and it is very risky to bet that huge amount even though the chance of winning is high. It is just like betting on superpower team and at the middle of the game, Their star player got injured and result to lose.

Yes 2 btc is big but not that big for a odds of 1.2x. Sometimes even if it's a high chance. The chance of losing is the same as the 2.0x odds. Maybe you put that 10 bitcoin on a investment.

CardShare

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for 10 btc.. no that's a lot to lose.. Buy gold. or have a play on the markets yourself poloniex or kraken could be a good shout if you make the right calls

KingdomHearts

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Quote from: jmigdlc99 on May 22, 2017, 10:16:36 AM

Would you risk 10 BTC at 80% to get a 1.2x payout? or even at 90% for a 1.1x?

Seems so easy to get a big payout. Just not quite sure if i can push the roll dice button tho.

But the easy money is so..

That is a very high profit for me in my country as nowadays with 10 bitcoins I can buy a luxury car or I can buy a simple house so I will not like to spend that money in any gambling or any bet because I know that it is a risk to bet with 10 BTC.

Gastotade

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Quote from: xuan87 on May 24, 2017, 10:30:58 AM

No, I don't have that guts to bet that high, I will even doubt to put 10btc bet with 99% winning chance, I prefer to used small bet but play with many times rather than put all in just in one game, and I can't afford to lose 10btc amount so I will never gamble using that high bet

Yeah. 10BTC is a enough amount to buy house or a car that very beneficial to my future. And I think few casino are accepting huge max roll especially for ahigh chance win rate.

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