Bitcoin Forum

I've been winning alot (for my standard) on dice sites...

I'll go in and play >50 with a bunch of dust bets, and when I hit several that are under in a row. Then I bet 1 BTC, and if that loses I'll do 2 BTC, if that loses, I'll do 4 BTC, and finally 8 BTC if I have to get there. I'll never bet more than 8 BTC. I've done this about 10 times now and I know I'm surely lucky to have never lost 4 in a row in those ten attempts. However, I have made 10 BTC or just about $4500 from these dice sites.

Someone please give me advice, tips, or speculation on how I can stop and just take my winnings. Please understand it's not as easy as it sounds especially when it seems like "easy money" so far. Of course I know I'm bound to run into a losing streak.

Wow that sounds really great you made nice amount there, i also used that strategy long time ago after 13 reds in a row but got busted on that losing streak because i gone to 22 times there so that i would like to advice better stop playing there because the house always win.

You're martingaling and sooner or later you're gonna bust and it is going to hurt like a bitch. Just do yourself a favor and click withdraw and then block those sites and go meet a shrink coz it sure looks like you're an addict.

Although, it is hard to believe you have that many bitcoins, because if you did, you wouldn't work for a campaign just to make 0.00006 BTC/Post. Mind signing a message from an address containing 10 bitcoins?

just remember this, what you do before the current bet doesn't matter at all because your bets are not connected to each other which means your first step of making dust bets and then increasing the amount has no logic of working behind it.

second thing to remember is that in martingale and in a 2x multiplier (~50% chance or even 51-49%) the experience showed that people can have at least 25 losing streaks in a row.

third thing to remember is that it is gambling and you can't know what will happen it is all about the luck when you make a bet.

it's not easy money. this is lucky!
You need stop play or you lose all your btc.

I really hope for your sake that you find a way to quit before you start losing, because from experience, I know that it's even harder to quit when you haven't experienced any significant losses.

My advice would be to not even visit these sites again and find some other fun activity to do every time you feel like gambling. And if you do not have the willpower to do this, you will need professional help.

There are no tips we can share regarding Dice strategy or method because there is nothing you  can use and which will help you win.
I see that you are using martingale and as you probably noticed you will have to bet HUGE amount of BTC to break losing streak - it is not good.

The best answer is to stop when you are ahead - and if you lost already just accept it and walk away. If you continue you will only fell victim to something which is called 'sunk cost fallacy'.

go and put your coins in somewhere , invest it in a gambling site for example
even I don't believe your story , but just listen to yourself you are ready to martinagle 15 btc in 4 bets in order to win 1 and you are only in 10 btc profit this is a huge risk and it doesn't worth it
I still don't buy your story  :-\

The best option you can choose is to withdraw your earnings and play again with your starting amount. Set your mind that you didn't win or else you'll be consume in the " Oh its okay to lose, i have more bitcoins to bet in my wallet" syndrome. Set aside your winnings and bet again.

You are telling that you need advice on how to stop playing dice gambling and wanted to withdraw your winnings, its very simple just think if you are a married men and having children , then think about them and think of giving some gifts or any expense which you have to fullfill for your family , think deeply for that expense and just click the withdraw button and withdraw it , and then just think that now you have lost everything in all sites and just forget about this winnings as they are got expensesed it on your family.

I know that this is not simple but if you deeply think about your family problems and expenses then you will immediately withdraw and try to fullfill it

Anyone who plays dice had lucky series, but everyone also had many unlucky series - thats dice ;). If you already won, you should withdraw your winnings and continue with what you started.

search on other topics there arre many gamble sites mentioned so dont be to lazy and search on the other ones. Dont take the first one becareful witch one your using there are allot of sites who just want to rip you.

My suggestion is that you should create a paper wallet or an offline wallet, and send all or most of your bitcoin there. You will need to take some extra time and effort to spend those bitcoin, and hopefully that helps you fight off the urge to gamble.

this is martiangle strategy
I'm not sure to use this strategy I have experience lose 15 reds in roll and I think is not good for me.

What is a paper or offline wallet?

Why don't you withdraw at least half of it, and then try to see where you can go from there, and then just keep doing that.
Regular withdraw part of your winnings and keep trying to make some more. I normally do that, and it works well for me.

May be he lucky so he made 10 BTC yes better choice is withdraw amount. If you want to play again means at least withdraw half of your BTC or else you may loose this. Luck will not come evrytime ok when it comes we have to accept that. Try if you have confident means who know your 10 BTC will double right. Just try one more time and share your experience.

I've gone ALL IN on 3 MLB baseball plays tonight! I have a problem and I can't stop betting! I figured it's house money so whatever. If I win 2 out of 3, I will be happy. If I go 1 for 3 or lose all 3, I will be very unhappy.

Wish me luck. I bet on the Tampa Bay Rays, KC Royals, and Oakland Athletics today.

Oh, come on... If it's really true and you earned 4500 dollars with it, just stop! Withdrawl money to wallet, close Dice site window and it's done!

If you never lost more than 4 times in a row you surely are very lucky, some people lose 8-10 times very easily.

You were lucky but on the long run you'll lose them all eventually. I suggest you some things, first you shouldn't bet for too long under same IP and same account. You should change accounts because almost all casinos are rigged in their algorithma. Second you shouldn't play martingale for 4 in a row anymore. It's too hard to not lose all your money. 5 wrong calls in a row could happen at any time.

$4500 is not enough! I make that in a few weeks at my FT job. I'd love to reach $10k-20k. I think I will be complacent with that.

Lol, so the casinos cheat users. Didn't know about the need of change account and IP to don't lose because the casino is watching my game. Is it really true?  :(

I just heared that it's always good to change strategy, never play the same strategy for a long time.


Good luck, it's a very hard achievement!

In short, a paper wallet is a piece of paper containing your private key(s) and you have to store that paper in a secure place. Check https://en.bitcoin.it/wiki/Paper_wallet and http://www.coindesk.com/information/paper-wallet-tutorial/ for details.
To spend the bitcoin, you will need to scan the QR code first to import your private key to your computer/phone.
An offline wallet is a wallet that never connects to the internet.  Check https://en.bitcoin.it/wiki/Cold_storage for some info.

Usually, a paper wallet or an offline wallet is used to provide an extra level of security as it is safe against hackers. But in this case, it may make it a bit harder for you to spend your bitcoin which hopefully could helps you fight off the urge to gamble.

If that money is still with you, pull it out and stay away from it before you endup losing everything.

It doesn't give any guarantee and no one can help you because it's not them who's controlling the bets, it's the bot which making you win or lose.

Sooner or later, it will take all your money if you won't stop it now.

That is nuts to go all in on a sports bet as anything can happen in sports and the margins are so close for failure for the risk on higher odds that entice you to make that bet in the first place.
I know you lost one of those bets already (the first one is complete game) don't know about the other two yet.

How much you put on each game and what odds did you get on them?
I only put small amounts of 5-10mbtc on both of them.
Congrats if you didn't spent too much on the first game that lost.
So over all how much you spent on all three games and the total amount won?

That happened to me also, as I see now it happens to other but you guys playing dices for serious money. Probably your bankroll is very big. How to bet 1 btc if you don't have at least 10 btc minimum.

I hope OP will withdraw money and try it again with not so big amount of money, same strategy can work once or twice, but every next time is a big risk.

In the end house win, but after their win there is time for us again to win. You need to gamble smart, so chill it a bit, give them to win much less, and then hit it again with some high bets.

So happy to have doubled up! I'm thinking about going to dice site to be in increments on 3 BTC until I reach maybe 30 or so? Or maybe I will double up on another baseball game tomorrow!?!?!

Congrats on your amazing luck in both dice and sports betting. Between the two, I would prefer sports betting as it requires a certain degree skills and knowledge and is more fun while dice is 100% just about luck.

At first congratulation for your luck , well that's maybe no trick but luck still stay with you , but if i be you i will listen to the others , luck wouldn't stay forever with you , and addicted to gamble is not good too

I'd put it in an investment or sell half of it so you know that you have made something out of your winnings that will not go away when you lose. That always happens in the end when it comes to gambling unfortunely.   :-X

Yes, they're winning!

This is called "Greedy" he meets his target but still he is increasing his target first 10 BTC next 20 BTC now it's reach 30 BTC. I think you addicted to this gambling and winning is made you to addict more now so better withdraw your investment and play with only profit then at least you may save your money or else i don't know what is gone happen if you reach 30 BTC i am happy but if you loose can't do anything. it's your risk.

Yes but in gambling I don't think its greed that makes most gamblers lose money. Its usually fear. They lost 1 or 2 BTC, and keep betting 1 or 2 BTC just to win that back.

I know you say "it's not that easy," but seriously JUST STOP while you are ahead.  Seriously, all you have to do is not bet anymore and you will have won several thousand dollars.  You just have to remember that if you keep playing, you will loose ALL of it.  Stop now while you are ahead!

They won 3-1 last night. Mind sharing which site you bet on? Is it a big well known casino that can pay you out that much btc to your wallet or will you need to wait for them to transfer that much to their hot wallet before initialing a payout? Cause that is how they usually work.
If your ahead that much I would stop while your ahead of the casino or they will get the better match for you to bet on. Just a fair warning too you cause we have all seen how this plays out before with others on here.

Wow, you're so rich, I totally believe you now since you have provided those hard proofs.  :D

Anyways, it is nice to finally meet you Mr. Craig Wright. Carry on and break that casino, btw, you never mentioned where you play at(Sorry if you have, I didn't read all the messages). Would you mind playing as my referral? Let me know and I'll send you a link through PM.

Just stop, and invest your Bitcoins somewhere. And then you do not have BTC for playing, so problem is solved.  ;D

You are addicted to gambling and hence the way that can help you may be a ban. Just ask the admin of the dice websites you bet on to ban you after you withdraw your earnings and with that ban, you should never eb allowed to play again. If that doesn't help, just delete your account on your own or stop using the internet.

That's what we feel but it's hard to stop this addiction. Users should be willing to stop it by their own method rather than us recommending the user any method. It's not going to work anyways. I feel the OP is immature to understand that he is risking so much money in gambling websites instead of working legally and earning bitcoins.

This sound purely more risky than that what you get lucky to win. Doubling  bets every time you loss, that is not a good strategy i have gone 10 times loss trying a single side in dice. I will not suggest to do this same again and again. Good luck

Don't play on dice game again after you win huge amount at there, so what you do is keep it on your wallet and you can invest in investment site or invest in gambling site.

Can see that  ;)
You going to reply to message you have in your pm now  :-\

Just buy stuff with your winning which would be useful to you, it'll be better than losing.  ;)

Truly understand that:

1. Every single bet is entirely independent.

2. Every single bet costs you the house edge. For example, on betting x2, you are more likely to lose than win.


tl;dr not fun, not profitable. You could do better things with your time (and money you will eventually lose if you gamble)



Edit: The probability that OP will lose all his funds if he continues this pattern is 100%

Yeah, it is not close now at 9-4 as they scored 3 runs now. It is late in the game. If you win you can sell me more bitcoins than what you say you want to sell but for my asking price now  ;)

Of course it's true, all gambling sites will win in the long run. If you play with same strategy, same account, same IP address then you give them this possibility to happen a lot faster. Their mechanism can detect that type of behavior easily.

Looks like Cubs are loading up the bases. Let me be the first one to congratulate you on other win Tred.  :)

F'n edit: Looks like a one-run game now  :-[

I doubt you want to leave gambling or you are used to investing such big amounts. Investing 8 BTC in gambling websites is such a big risk and then trying to leave gambling becomes impossible if you are used to winning such huge
amounts always. You should manually withdraw the amount and stop rather than ask for suggestions.

Wow you make it close  :o
You know it is time to stop when you get that close  :-\

lol, in >50 i get 23 max red so careful bro, if you want not to lose instant, bet slowly , and with your bankroll you can win alot just do strategies.

I agree, thats why the best solution is to withdraw winnings and continue playing only with what we decided to risk at the beginning. If we gonna be lucky one more time - thats good, if we lose - we can still enjoy winning :)

if i were you , withdraw everything now before you lose it all, 4 lose in a row with that kind of bet is very lucky, dont wait til you bust them all, withdraw it now or regret it later.

It think he lost everything on another bet. Haven't seen him around in like 5 days.
Hope not as I think he was selling off some of his winnings.

LOL....I don't even need to read the rest of the responses in this thread because I already know what's contained therein.  What you've discovered is a Martingale betting strategy and if you keep playing, you're gonna lose your entire bankroll (if you haven't lost it already) so QUIT NOW!  The guy's who program these sites are clever and set their risk parameters according to sound bankroll management schemes, expected utility hypothesis, and Kelly criterion's....Quit now, do some research on bankroll management, and come back to play later.

My advice is take off your bitcoin wins to a cold wallet, you had a lucky row of dice and sport betting, but you could loose in the next bet. And you will be very angry to loose this amount of bitcoins, you need to learn when to stop betting.

Naa, I'm still around. And I still have a bankroll of 40 BTC. I'm going to Vegas next week, so I think I'm just gonna cash out and gamble there