It is very tempting to win 2 btc in one roll but the idea of losing 10 BTC discourage me to do such kind of bet. Aside from that even though the chance of winning is 80%, there is no telling what would be the result of the roll since 20% is still a big percentage and might be the one to come up making you lose 10 BTC.
since house edge would work effectively in this kind bet , you would feel have a 49% chance to win and the rest of it are about lost. if you can afford to do that huge amount bet , why not put it on a better payout rates? it's super hurting really when you have to get a lost with that low multiplier. sounds like easy money , it's a wrong thought. it was easy way to make you get frustated. 
Topic: Would you risk 10 BTC at 80% to get a 1.2x payout? - page 5. (Read 3280 times)
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..
I am unable to do that in this time as I do not have that money but for some people who are very rich and for whom 10 bitcoin is not a high amount they will bet with that money or they will bet with even more high amount of money as they will afford to lose that. 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..
It is very tempting to win 2 btc in one roll but the idea of losing 10 BTC discourage me to do such kind of bet. Aside from that even though the chance of winning is 80%, there is no telling what would be the result of the roll since 20% is still a big percentage and might be the one to come up making you lose 10 BTC.
Nope it is a huge money to be risk even if the win rate is huge there would still be a chance that you could loss it all,
Even if the win rate is 99% there would still be a chance that you could loss it in just a blink of an eye.
Even if the win rate is 99% there would still be a chance that you could loss it in just a blink of an eye.
That amount is enough for me to start a big business for me in my country so I will not like to gamble with that money as I know in gamble I will have 50% chance to win and 50% chance to lose and all will be on my luck while in my business mostly it will depend on my skills and hard work.
If you are a mad gambler then you would risk 10 bitcoin for a 80% profit,i would not even dare to wage with 0.5 btc in a dice site with those odds let alone with those amount of coins,because i did have my time with primedice when i smoked 0.2 with a single roll with over 80% plenty of times and it does not work like that and my favorite odd will be always 2x or 3x.
even 99% can lose mate so would you take that risk? like what you have said its really hard to press the button to roll the dice even you got the big chances to win but even an inch can hit you and lose everything can you deal with that? 10btc in just one click,.
And I have seen such instances where user just thinks he can get away with a big amount and he gets trapped. There are enormous number of cases when I see the high rollers tab on primedice and a user trying to win 1.1x via 90% has lost it all.Now the problem is that once you loose that money on 1.1 its really hard to win 10 bets to recover that, in between if you get 2-3 more losses then well, that's it.
I will never risk 10 BTC just to get 20% earning. We know winning in gambling is random. We are not sure even if it is 90% win. Beside there are history of gambling casino where betting on more than 80% chance of winning loses. 10 BTC is already a huge money, I will not risk to gamble it to get a smaller amount.
I am pretty sure that I would not want to invest 10 Bitcoin into something that I don’t like to play since the odds of winning Dice is pretty low compared to the other games that are in the Casino’s. I like to play Dice games only with Altcoins due to it being a low enough price for me to watch my bankroll, if the price is large then I don’t participate in any dice rolling because it is just a waste of money.
I will not risk such a huge amount even if there is a 99% chance of winning, Even though the probability of winning is good I think it's too much of a risk involved.
Even I would not risk too much on that amounts even theres only 1% chance of losing but still not an assurance that you would hit that 99% chance of winning. Thinking off that theres an house edge which means chances would be somehow bigger than expected.Imagining that you lose that amount on 99% chance of winning you will surely regret for a longer period of time on recovering.
I will not risk such a huge amount even if there is a 99% chance of winning, Even though the probability of winning is good I think it's too much of a risk involved.
Even I would not risk too much on that amounts even theres only 1% chance of losing but still not an assurance that you would hit that 99% chance of winning. Thinking off that theres an house edge which means chances would be somehow bigger than expected.Imagining that you lose that amount on 99% chance of winning you will surely regret for a longer period of time on recovering.
Its only 80% or 90% chance so there is always a high risk of loss also. 10-20% risk of losing 10 BTC is way higher than 80% or 90% chance of winning 1 or 2 BTC. I wouldn't take that risk of losing 10BTC for such a small reward.
I will not risk such a huge amount even if there is a 99% chance of winning, Even though the probability of winning is good I think it's too much of a risk involved.
a big no!! i would rather cash it out my 10btc or invest in altcoins and i wouldn't dare to bet even in 99% chance of winning. if think about it 10 btc is a lot of money if you convert it in today's exchange rate in that amount you can feed your family for 6 months or you can use it for college but if you are crazy enough bet 10 btc, then do it dont cry if you lose
I think also not a good idea to cash out them instead much better to save it because we are getting benefits of the price increase these days.. the price of bitcoin is increasing fast and i think the price can be increase more due to more people are investing in bitcoin and more company are increase also because japan legalized bitcoin.
a big no!! i would rather cash it out my 10btc or invest in altcoins and i wouldn't dare to bet even in 99% chance of winning. if think about it 10 btc is a lot of money if you convert it in today's exchange rate in that amount you can feed your family for 6 months or you can use it for college but if you are crazy enough bet 10 btc, then do it dont cry if you lose
Temptation to do it is one thing and doing it for real is another. But IMHO doing it at current values that we get for bitcoins seems super-stupid and I would just ignore committing a big mistake here because if lost, I would regret why I went ahead and tried to get a piece staking the whole portfolio?
We should definitely remain careful when gambling as doing it in like 10 different bets with 1 BTC is also not advisable unless you have too many and you don't care losing it.
We should definitely remain careful when gambling as doing it in like 10 different bets with 1 BTC is also not advisable unless you have too many and you don't care losing it.
I would rather pass than risking 10 bitcoin for a 1.2x payout and i would not even dare to do that even when it comes to sports bet,which i am really comfortable,but when it comes to dice,it is a big no ,because you never know how the roll is going to be and you might lose all your coins within seconds and i have seen people loosing huge amount of coins with small odds.
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..
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's ridiculous to do so if you don't have tremenduous money on the side.
80% to get a 1.2 payout means on average you'll win nothing. So it means all you'll do is randomly bet and lose this amount. If you winn you'll want to do it again. If you lose, you'll never do it again.
Don't bet what you can't afford to lose, as simple as that.
Now i have sold my bitcoins, that's why i have no 10 bitcoins, but if i have than also i am not agree on it, to play gambling with 10 bitcoins. It has big risk in it, and now a days bitcoin has too expensive price. Imaginary if i do play it and i have lost than i will mustily die. Still i am a gambler but i couldn't take a big risk even i said to everyone don't use a big amount of bitcoin in gambling than why i will use 10 bitcoins.
No I wouldn't have done that. Seriously if I had that much amount, I wouldn't had courage of risking such a big amount. I do gambling and trading but maximum for 0.1 btc. I like to play safe.
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