Would you risk 10 BTC at 80% to get a 1.2x payout? - page 7.

marlboroza

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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, it's just too much money to gamble although very tempting to win 2BTC in single roll.
If you do it and win what would be your next move, would you do it again?

bajing

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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..

I think it's too risky to put 10 btc just to win 1.2x or 1.1x, you can earn more than that maybe you can use a half for trading and use 5 btc for bet in some bet by using this method you get more chance to win than only 1 chance.

hatshepsut93

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For me 10 BTC is quite a big amount of money at this price. Lets say I roll and:

A. Win. Now I got +2 BTC, which is good, but not fantastic.

B. Lose. Now I have nothing, and having nothing really sucks. Now I have to work a lot of time to get back those 8 BTC.

It's really not wise to go all in when you are in a situation when losing will hurt you much more than winning. If you have 10 000 BTC, than sure, go ahead to do some crazy highrolling, but if you are poor, than don't seek profit from gambling, because gambling is entertainment and not a source of income.

Winner

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It depends on how many Bitcoins that I have on the side because I don’t usually play with Dice games due to the huge amount of rigging that is going on in most Bitcoin Gambling websites. If I had at least a couple of Bitcoins around then I would try to get that 10 BTC flipped so I could get more coins.
The price of Bitcoin is going up so I guess that people would spend less of it though so I am not sure if that stake is even possible.

agustina2

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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..

This is honestly a crazy thing to do. BTC10 is really a lot with the current price exchange today. It's like throwing millions of money here in my country. Although the profit is good, I will never gambled that amount of money.

Id rather play BTC0.1 to a skill based game with the odds of @1.5-1.7.

bitjamz

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thats how I lost 8btc with one single bet I feel stupid that day Roll Eyes

bitcoinisbest

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I would not take that huge risk of 10 btc at this price where btc is at 2200$ . Instead would be selling a small amount every day and may be if the price drops I have money to buy those btc again at lower rate and gain more than risking here. Only those who a lot of btc can take those risks to get that 1.2x returns.

LFC_Bitcoin

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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..

10 bitcoin is $22,500, you would be an idiot to mess around with that kind of money. My advice - don't do it unless you are a millionaire & $22,500 is nothing to you.

erpbridge

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Why bother asking this question ? Since we can change odds on dice, I am sure if anyone wanted to make that risky bet, they would already have done it. At the end it depends on the person, if they have the money and can risk losing it. Getting feedback from people on this thread achieves nothing.

dustboy

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Sounds like an easy money, but the risk is still there. I can lose it on my first bet and I will feel so bad. If I have that much money and only want to earn 20% of it then I will go on sportsbetting with the same odds. Those who are willing to do it on dice are those who have so much money on their pocket.

jack1111

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I will not do it for a dice game, but if I bet on sport events I will do it, when you are sure of your bet you can do it, however I prefer dividing this amount on many bets with higher odds to risk the whole money in one bet.

bering

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always there is an possibility to losing your money in gambling even the percentages so high to win especially betting with 10 btc because that is huge amount and if you were lost i'm pretty sure you will regret your decission and for me if i have 10 btc i would not risking my bitcoin so basically i don't dare

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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..

Hell no. I can diversify it as a wiser way than to go all in. Why should I? Besides, I really didn't trust those high percentage even at 99% at dice games or any related gambling games.

But if the scenario will be placed at sports betting then I might consider the risk but only for not more than BTC2 since it's not all about luck anymore and I can play with it prior to the start of the game via good analyzation. Easy money indeed because of high chance of winning but still can't erase in our mind the scenario if ever the result is lose.

Oilacris

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Quote from: emberbekas on May 22, 2017, 11:58:55 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..

10 BTC is a huge amount of money with recent rate so I am very sure I won't risk it at gambling. I can buy a new car or even build a new house with 10 BTC. The answer will be no and never!

You are right,why i would risk the amount if i can already buy a new car or even build my own house on that. When you do convert it on our local fiat its already worth a million which means a lot of things would do to that money and risking it on one bet even on 90% chance wont really happen even on my dreams.I can only spend 1 btc max on a single bet with those odds.

emberbekas

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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..

10 BTC is a huge amount of money with recent rate so I am very sure I won't risk it at gambling. I can buy a new car or even build a new house with 10 BTC. The answer will be no and never!

stomachgrowls

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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..

If you do have thousands of bitcoin or even hundreds and you have titanium balls then it would be just fine to make such bet but if those 10 bitcoins you do have is earned or came from hard work then for sure i wont do such thing because the risk of hitting the 10-20% chance losing is still there and 80% winning rate isnt guaranteed.Results either lose or win but i cant afford to click that roll button.

tiggytomb

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Nope, 10 is far too much to be risking even if it were 90% chance, I would hate myself if it didn't work out.

rytyr

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I remember someone thinking the same way at the beginning of the year and lost 12btc in just the same way.
Luckily they had a rakeback promotion when they bet so they got 0.9btc back.
But they didn't know that at the time.
They were on the verge of insanity when they lost thinking they just ruined their life in just less than 5 minutes of betting on dice.
What a foolish thing in doing this if you do lose just to get that amount in a risky way.

crairezx20

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Quote from: lite on May 22, 2017, 11:26:49 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..

No, i wouldn't. 10 BTC is a really huge amount, i would rather sell those coins than gamble then wait for a drop to buy back in at lower price.

This is much better than gamble them all.. Since the price was increasing too fast this is not a good time to risk your 10 btc in gambling better to find a way that you can gain more bitcoins using your 10 btc to make more profit in the future if the price continue to increase you can gain more profit than you can get small payout just risking your 80% of your btc..

Caladonian

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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,.

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