Bitcoin Forum

After a few days of betting, player called "zhent" managed to somehow win 200 BTC at betking.io (http://betking.io) What are your thoughts how is it possible some people manage to win so much? Just a matter of luck or is it the bankroll that is the key? It's very difficult to win with a very limited bankroll and it's coming from experience :D

A post of the winner on BetKing thread: https://bitcointalk.org/index.php?topic=910134.msg13880555#msg13880555 (https://bitcointalk.org/index.php?topic=910134.msg13880555#msg13880555)



https://i.imgur.com/eJVBrl7.png

Congratz!  ;)

wow congrats.

i think in approximately the last seven days, i have seen reports of at least sum of 1000 bitcoin that has been won by different users on different casinos!!!

shhh. you're going to scare away the investors.

I heard that he had 2000BTC total bankroll? that true?

If anything that would not scare away the smart investors but they would invest more. Surely we all know the house with the edge will always be on top in the long run so it makes sense to be there for when the coin is returned. Its like buying at the bottom, well you hope :) i cannot comment on the bankroll he had but 200btc was obviously a nice win. The thing with gambling that morning he might have been 300btc down on other sites. op it is both a nice starting bankroll and a major bit of luck to get those numbers and it helps to have some balls or should we call it greed? to keep going and not leave 10btc-20btc in profit.

If one wins 100 other lose and then the guy who won comes and loses it all back. The house always win, sooner or later they'll balance this.

Congrats to the winner though.

congratulations to the winners .... I hope you are lucky every day

great you hited your lucky day don't missed up this luck and have fun with this profit and don't try to make it more

first Congratulation on winning the 200 btc which was your target, This happens when you have a big bankroll , he is just following the strategy of the site and changing it according to it and won it. But now it is upto him what next he is going to do.

That's some impressive amount of Bitcoin not too shabby eh?  ;D By the way do you guys know on what game he has won all that is it casino games, dice or sportbets? I am not familiar with BetKing.

P.S. From the screenshot on the other thread it seems he played dice?

That's a lot of bitcoins to win. But this really just depends on how much the player already spend.
If he/she spend up to 2000btc then they are just far away from winning.

This is just too big. And admin sites wont fund their accounts with this much to let it go bankrupt. This would almost always cause an alarm to the admins and when they do, they will get you losing the whole 20th time.

Yep he was playing dice. congrats zhent for pretty profit. recently lot of folks are getting lucky and making hefty profits.

Nice somethimes you see some big gamblers who win amazing amounts. Not that it will guarantee you can keep doing that the next few months. Most of time hard to stop even if you win big.

congrats to you uni, zhent and any other username that you used :D , last week you say your goal are to manage 200 btc and well done you did it!
not much a guy could won that huge amount profit. you are truly lucky and make betking in position between happy and worry :D

Wow. Congratulations man! That was an awesome amount of profit! You indeed get a lot more if you put more coins in your bankroll.
In my case I will never play with a higher bankroll specially when I know that I never had any luck with gambling at all.
Withdraw some of your coins already and always save coins before you gamble again. Goodluck and keep it up! May the odds be ever in your favor. :D

Just remember if you want to get a big amount of profit you sure need bankroll, dont expect something high if you only play with small bankroll, it will not possible to win such huge amount with such small bankroll and second thing you need luck when it comes to gambling no matter what. So as I can say bankroll and luck is both important thing that you need to achieve huge profit

many people won in last 10 days
its some kind of marketing trick or just pure luck?

This is amazing what we all can do with this little round thing called a ball. Congratulations! Don't lose all money u have now.

wow another big win, congrats to him.

i think these winner should start a teaching topic to teach us newbies how to gamble and win like then :)

He wagered 4693 BTC which is a huge sum and I guess 200 BTC is not the amount he earned in just 1 bet. He seems to be betting from a long time but still gambling is not counted as a method to earn money as it's very easy to lose all your hard earned money.


He hasn't confirmed it but it must definitely be over 2000 BTC looking at his wagered amount.

He confirmed in the main BetKing.io thread that he had a relatively small bankroll. Depositing 4-5 Bitcoin at a time and then cashing out after doubling or tripling up.

Remember if you bet 1 and win 1 then bet 1 and lose 1 then your wagered is 2 and your profit is 0.
So you can wager a large amount without having a large bankroll.

Very amazing win.

i had never win a lot like this in all my entire life and this is amazing profit i guess and not all people can do it and i think this person has very good strategy during a gamble and also he is very lucky

LOL! Congratz :D

Very impressive. And some impressive sums risked too. Even if I was guaranteed a 60% chance of winning I don't think I could bring myself to do it.

Obviously it's pure luck and coincidence. They must be using their own strategy as well but not using tricks or counting on the loopholes of a gmabling website. These wins make me also bet more often than I am betting now.

Then the win is really big. I considered his total wagered amount as his bankroll or atleast half of it but he must have bet several times to even reach that amount and the profit earned must be from several bets rather than one or two alone. Congrats to him :)

wow, his bankroll must be really huge for being able to wager up to 4600 BTC, anyway congrats to the players who win big :D

I think luck and knowing when to stop/or change strategy is key. I once was very lucky and turned .17 BTC into 3.08 BTC. Unfortunately that was the only time such thing happened to me.

Both luck and bankroll are deciding factors for how much you'll win. Obviously, if you have a large bankroll you have more chances to win, and it coincides with your potential profit. Though, the problem is, your risk of ruin increases...

Do you really want to risk your entire bankroll on these bets? Jeez. Most likely, he gambled pretty seriously and he might have bet extremely high amounts. It's incredibly risky to do that.

Congratz on your win zhent! You deserve it ;D

2000 BTC? I wonder how could he even risk such a big amount and gamble it. Winning 10% profit is definitely worth it.

Very nice profit for that guy he is born under lucky star :)
regards.
-Katernko1

Congratz! to the winner! :)

On a serious note I think he must have lost all his money because of the greed. That is why the topic arises that whether you can be profited in long term or not. Anyways I wish the gamblers had stopped if he had some sense, good luck brother.

Good news there.
But its missing something very important.
The Awhs and Ohhs of those people who lost the coins this profit is made of.

If you want to win big profit then you really need a high bankroll. It's not surprising that the guy has a 2000 BTC in his bankroll with his 200BTC profit.
I hardly see people with low bankroll win some nice big profit.

Amazing, I was very motivated for more excitement in performing the bets, so that I can get the victory he got or even bigger than he is. I think, if he first played and managed to win with such a huge, most likely he is the legendary gambler who has already retired and eventually back again playing in gambling. I think he knows the weaknesses of gameplay are there in betking.io, so as to easily get the victory and such a huge advantage.

Where do people keep getting the 2000 Bitcoin bankroll figure from?

It was confirmed by the winner that they started with 5 Bitcoin and spun it up to 200.

I saw him really consistent strategy of always choosing high and here it takes courage to take risks in order to get a perfect result. congratulations to MillionsBTCdev :)

yes i also quite curious on how he won the game, i never got lucky when come to dice game

This isn't true in zhent case, he made 200 bitcoin with ~5 bitcoin deposits each time he'd played.
wish i get lucky like him sometimes lol.

That is so much money. He will be a millionaire. But that is just pure luck, and that happens only to lucky people.
More people lose a lot of money and that is why gambling is so bad. You only need to be lucky.

200 bitcoin equates to just over 87,000 USD based on the current price. I wish I could have landed that kind of win, what a lucky guy. What's his story, is he an uber rich early adopter or just a lucky, crazy gambler?

No story, just normal guy passing by leaving footsteps. =D

Some of my gaming sessions. Its not updated tho. Lazy to update lol. You see, im not always lucky

https://i.gyazo.com/5d9f241135ad4d19ab595655ed72dc9e.png

also

https://bitcointalk.org/index.php?topic=395617.msg13878288#msg13878288

I figured that this belongs to you as well https://www.moneypot.com/users/unibtc. As far as I can tell it seems you got few account at PD as well and won huge there as well. Variances is sure a a good thing in gamble however if you dont start with atleast 1 btc betting per session then you wont make a big win like unibtc  :)

200btc seems like alot to win but maybe for the guy it was nothing more then chump change.
I think the millionaires out there that have bitcoin like to gamble big.

When you read 87000 I can only think wow that is a lot of money.

Never get that kinda luck :(, gratz to him I would imagine 200btc is a small amount to some of the big gamblers out there!

Are most these people sports betting or dice usually? Its a nice run for sure,just curious how they get there.

So, it seems you've been really lucky in the past... Is your total profit still positive? I'd like to think that you are, after this huge win, but surely you must be a pretty habitual gambler over a long period, seeing your history and strategy of depositing a huge amount of 5 btc. Your slots win (https://bitcointalk.org/index.php?topic=395617.msg13878288#msg13878288) was also pretty impressive, but I personally thought it was really risky and impulsive. I guess you have a lot of cash to play around with?

Anything is possible tomorrow. But out of experience many gamblers will understand securing profits before continuing gambling must be a wise idea. I believe this gambler also will follow some wise decisions for securing his profits.

Good for him.  I wonder if there was a glitch/bug that he discovered.  Or maybe he was just lucky.

Looks like he had a bigger bankroll to get that amount. He might have been lucky that he did not experience a big drawdown to lose his principle.

I'm quite certain he was just lucky :P nothing out of order in his bets tbh...

He had 2000BTC bankroll, and made a win of 200BTC? But does that mean he won overall or even after winning that, it ended up in a loss? A 200 BTC win is amazing, but if it turn out to be a loss overall, that could just be the result of a "normal bet" but done with a huge bankroll.

I love hearing success story's as long as they aren't at casino's I invest in. Kidding of course, happy for you and hope you enjoy the winnings with strippers and blow etc :P

Yes somehow he is being lucky but you need to know too that he used a lot of balance so with big balance you can still earn big. There is no way with small balance you could make that much. Yeah betking is now popular due to them but I guess most of them are still losing trying to achieve that much with little balance ;D

You be might right. Don't you think is it a strategy used by BetKing to make people believe that you can indeed win there. I feel its a ploy to make it popular so that many gamblers stream there also to win.

Damn that was a close call :o

Actually most successful gamblers win because of their high bankroll amount. If you have a low bankroll at start you will most likely tend to lose all of them since most of them will try to win back their lost bets and start panicking.

So the best bet would be to start with a minimum bankroll of 0.5 to 1 btc.

That is pretty much. He must be very lucky and that is very good. Not everyone gets lucky. Most people think that you can be rich with gambling.
But that isnt true. You always will lose more money than you win money. But people are very greedy.

wow nice profit.
I wish I could win 200BTC. If that happened I would help a lot of people

That option is also possible you see almost every online BTC casino with a big winner opening here a topic.

His profit is awesome but when I noticed that he wagered over 4693 bitcoins it is not that magical anymore.
He is just high bettor with huge initial bankroll, so of course he can win so high. It is a feat nevertheless, congrats.

That is a lot of money. You need to be lucky mate. And that is not for everyone. Most people are not lucky.
Most people lose more money than they win money and that is not good. They must stop gambling or just play with small amounts.

Yes, bankroll is an extremely important factor in the "quantity" one wins; however, percentage wise, bankroll size shouldn't matter.  The key to being a successful player is bankroll management.  Many serious players understand the Kelly Criterion and utilize that awareness to maximize their position. Sound bankroll management is a necessity if one wants to be a successful player.

He wagered so much money, must be a really dedicated player. Congratulations!  :)

Congrats to him and i think you just scared more investors to invest in betking.. But i think he just got luck that's why he made win..
I hope someday i will be the next winner...

That is pretty nice if you ask me, I think you need a lot of luck to win this amount because it will not happen often only a couple times in a month maybe.
I think the problem is also that you need a lot of money to invest to win this amounts because otherwise you will never win this amount.

He has rained out a lot to, so very generous player too!

Was this from just dice play?  Anybody know the strategy used?  Even with a big bankroll this is impressive.

wow 200 BTC profit .one hell of a lucky fellow. i would like to see that user personally msg in here , a very good publicity for betking indeed or is it a publicity stunt  ;)

Was the 200 btc won in a single instant? Considering the amount wagered, I tend to think that this was an accumulated profit over a period of time.

It's actually 275 profit now. He played many sessions over a week or two to build it up.

200 BTC profit only exist in my dream. That was a very lucky gambling for him since 200 BTC profit is very rare profit on every gambling site as I know. Only few people can gain that profit because betting needs a lot of luck, balance and bravity. The fact that he rained a lot to other people was a sign that he isnt a fake gambler!

200 bitcoins is already a large number if you ask me  but its all about luck that you need if you ask me.
You cannot get such amounts on a short term but with a long term there are of course  a lot more risk that you have to encounter to win this number of bitcoins.

I think the player is combining both experience in gambling and betting using a big bank roll. Otherwise getting such a big profit will be difficult.

i considering that only person who blessed with very much lucky can won with very huge amount
because in my case it's only in my dreams i can won in that much and not my real life

Great to see that someone can win big! Congratulations.
Now it is time to spread your stack among many other betting brokers and double thos 200 BTC!

Hope you can make it ;)

Yeah its an incredibly high amount and its almost like winning the lottery. Very jealous of him.

It's good to see someone finally won. I know everybody would like to be him/her but it's deserved. The moment you take risk
and you win, you deserve the reward.