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My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

 Firstly 0.01 is not sure to give you .001 always and you don't cease to gamble once you get 0.001. You are sure to gamble on any place other. If you are able to self control yourself really good for you.

what if you lose your 0.01 btc before getting a profit of 0.001. and i think is not good to withdraw it frequently because of withdrawal fee. just learn how to use bank acct. :)

This is a nice strategy but your luck might run out soon on this kind of strategy even though you have a 90% chance of winning the bet.
You might end up losing more than making more profit.

Thats also can avoid you to become greedy. You just set your goal, and after you reached your goal, you'll withdraw. Are you always YOLO your 0.01 btc to get 0.001? Or maybe you did from low basebet?

Good strategy, unfortunately its not working with me, i ever set win limit like that but in the end i lose all of my money, its a good thing that you set your win limit, but how about your lose limit, when will you stop when you lose that is the most important things in gambling

I do not think thats a very nice strategy...with 0.001 profit every time you deposit and withdraw you loose most of them in tx fees...and also always you will not be able to get 0.001 profit..once u loose one bet only all strategies fail

If you play to limit your losses and then how will you make money is something beyond the point here. You would have lost majority of the money played rather than win till now .

Its a good strategy to limit loss or profit in gambling but sometime its not work. Because you cant make profit every time in a single bat. Then you play another bat and then its become uncontrolled. Good Luck.

Just play for a short term and you will minimize the loss. No such strategy involved.

Set a certain amount for today, if loss, go home. If won, bags it quickly and go home.

Recovering the loss will just dragged you to play for a long term.

I dont think there is any difference in playing for that much and carrying on. Its the same as depositing 100k and with drawing them putting 100k back when ota the same thing as just carrying on. I mean of you win 500k how is that different then depositing 500k the next time you play.

Sure it is a good strategy to have a target of profit but I would rather you create a "bank" where you tip your profit (for primedice) instead of withdrawing. frequent withdraws attracts fees which might seem to be expensive in the long run. 0.01 is a good amount to bet on especially when you are using low payouts. 

this is a good strategy to limit yourself and limit your funds that you gamble with but also i think you have to change some things about your profit limit because 0.001BTC profit on 0.01BTC is a little big percentage and you may find it a bit hard to reach so may encounter some troubles on the way there.

we all can do that its the tolerance that we need.                                                                                 

It's a nice strategy to limit your losses since you will eventually bust. The thing is that you have to reach that amount before you withdraw and that's not always the case. It's a good rule to follow overall though.

Mine i wasnt thinking on how much i loss a day. What im setting is my win. I mostly set  my winning into $45 a day and after I reach that I wont play that day and go back tommorow to play again.

I don't think this can be called strategy in my case where I always play limited gambling.I disagree with OP that doing this way you have any influence over results or can make more money.First of all it is not sure if you will be able to make some extra money with your initial amount.What if you bust in very few bets ? This is not strategy but is good to limit the loss.

You're using coinbase wallet to take withdraw from gambling site that is very risky to use it, I don't use that wallet because they have very restrict policy for gambling related site and any time your account can get freezes so beware about this.

ya, he is right. there are several members, who was banned from coinbase for gambling. try to use another wallet. witch are more tolerated with gambling or you may loose all your btc.

good luck in gambling

that's very good strategy won small amount are more better than lost but i think it doesn't working well for me because one of my problem in gambling is greedy when i was won because i always want more till i lost all of my balance but you have self control and it is very necessary during gambling

and if you bust your .01, you've to bring back your 'earnings' if you want to keep on gambling

This was also my strategy. I waited for the faucet to cooldown then I bet, my goal is 20k sat then if I reach 100k sat I withdraw it immediately. After 5 days I collected .006btc but sad to I lost my 0.01btc investment on the site.

hey its a good strategy, but be careful because you can loss much. i think you are good in self control because i see you can win 0.001 and withdraw it. not much people can do self control while they gambling.

A simple and simple way. But I think this will always give a less useful when the impact of every bet they make a pretty extreme way. Self control is indeed to do but if they do extreme bets in any gambling. Then self control will not be useful

That means when you reach 10% of your investment you want to withdraw your money. But this strategy may not work always because in 10 times, if you bust one time all your 0.01BTC then you profits will be zero and your time is completely wasted. So if you really want to make money then find some other better ways to earn instead wasted your time and money from these gambling methods.

What is your overall statics by playing with this self control strategy, every time nobody can be lucky on dice site any losing streak can take our balance very quickly so if your are trying to make 0.001 daily so it will take 10 days to reach into risk free zone but I don't think this can be make profit in long run.  

I think coinbase no more allow transactions to gambling sites, whenever you will use coinbase for deposit or withdrawal of your bitcoins to or from a gambling/casino site you will be banned at coinbase and will lose all of your coins which are on coinbase.

This is not easy for a lot of people you are one of the few to be able to do this. I am not sure you will make profits but you sure won't be broke anytime soon and you would have had fun while at it so it is quite safe for you and works well for you so stick with it. :)

i guess that's  good having self control and being contented with your winnings that's good but be careful with coinbase if they found out that you are into gambling they will blocked you out and you can't withdraw anything.

I am glad for you to have this self-control it is very good and rare for someone to have. Most will spend all the btc in their wallet till none is left    :-\ You can play for fun and not lose so much. Have a good time and be careful to not be carried away ! :)

Self control is something than can be change during losing bets..When I gamble,i feel many different feelings-happines,joy,anger,etc.and self control need to be calm...I guess you are a good gambler then  ;D

But what would you do if you never get to that 0.001 win? Deposit again or just quit?
Must probably happen sometimes and you'd lose your previous winnings if that happens too often.

for my strategy is  like yours i only get 0.01 btc per day and how i control my self is easy it take me only few bet to reach my goal and when i got my 0.01 btc i invest them in the house so it will make me can't play for 24 hour and that will make me stop betting until tomorrow.
for now i got 0.05 btc in 5 days i start with 0.05 that make me have 100% in 5 days :p

hi mate just wanna ask which house can you invest your funds i want this style you are doing .05 for five days you made a right choice from there mate i hope you can share to us so we can start following your strategy. good luck mate.

No really banned. But their accounts have been frozen and fund temporarily suspended.
They could however in most cases withdraw the funds - after being fully controlled by KYC/AML procedures of Coinbase.
This depends on where you usually gamble (and if deposit address is one time generated), some sites are still undetected by Coinbase transaction monitoring scripts.

those feelings happen to me either and i think gambling gives me a lot of entertainment even though it is pretty expensive, i think i will have to stop playing at some point in the future

0.01/day is a nice side income, but it is not a guarantee that you will always earn 0.01/day, is it? there is always a risk in both gambling amd investing. Good to hear that you have a nice profit in 5days, but to be remembered that you can lose it all in a day as well.

I think if we get a victory of 0.001 or higher then the things we do is immediately gambling are greedy and do your gambling just wanted to get a bigger victory. but the thing we see in the future is a great defeat.

Wow you've got nice income for gambling. Any tips other you want to share on how you bet? Your so lucky to get 100% of your investment.

LOL in the gambling so difficult to control yourself , if you win maybe you can play again with your btc and then you will lose all your btc , if you bet small btc your change to win very small and high risk to earn .001 , but if you bet .001 or half you can fast get it your profit and stop if you finished profit and try again tomorrow , good luck for you :)

That is good that you have a limitations to yourself when playing but do you really always win? like $45 a day? because all I know is that not all the time you can win in gambling, and sometimes even one time of winning is not happening.

got curious about that sir 45$ a day not a bad winning per day maybe sir shin have an amazing strategy in doin that might be better to share it here as well I want to win that as of now I only win like the op 10% of my capital then quit right away don't want to be trapped inside the house.

Where do you invest at? To get 100% each day on investment is not possible because house never give you so much payout eventhough huge whale is just busted a lot. This does not make any sense to me. And btw you cant get profit everyday on each investment sometimes it will drop too and you need to get some recovery before you can play again

if i got it right he started with 0.05 invested 0.04 to house played with 0.01 when he won 0.01 he invested that to house kept playing 0.01 and repeated process so at the end he has 0.1 total in 5 days

Looks like a nice strategy to me for playing sportsbook. You can place a bet on soccer championships like Sweden Allsvenskan where there are goals usually and you can bet for example on over 0.5 goal per game and odd is almost 1.10 which can give you 0.001 profit. Still this strategy has some big downfalls, you need ten wins and 1 loss to go back to point 0 and if you make a loss before getting 10 wins you are losing. There are other persons who are trying this strategy in sportsbook with even lower odds than 1.10 and they have still lost. It will not work in the long run unfortunately.

Looks same as my strategy but with different goal. I prefer to turn 0.01 to 0.02  and send 0.01 to my bank account. I will stop betting when I lost all my starting balance(0.01 in this case). The best moment from this method is when I am able to collect 0.1 in one session and the worse moment that came very often is when I cant even rise up that 0.01 and then busted.

He was not lucky in investing but in gambling, that is not a method because in investing we need more time to see the result of our profit, doing that method will not guarantee you win but with your luck you can make money sometimes.

This strategy is very risky on dice site when you play daily and get withdraw making the same amount, I think when we put some amount on risk than we have no control over it, op is playing with low stak amount so that if after 5 days he got busted than we will be into lose there.

I think the better way is to limit your losses, not your wins. It isn't everyday that you can win consistently there will be losing days so you have to control your losses. If you control your wins you will only be a small winner and a big loser.

Lol is not not everyone who wants to win and cut their losses ? I think just keep your bets low and you right about cashing out right away but dont forget to add the tx fee in to the equation.

It all depends with ones luck that day. i also use the same strategy - betting 82% win chance. My bankroll is always 0.01 and i normally target 200k satoshi per session. Sometimes I will achieve and exceed the target and sometimes I may end wiping the whole balance. So it is a just a matter of luck provided you know when to exit.

I knew a dude who did that and the only way it works is if you also
leave just as fast if your losing.

He would buy in Poker $100 win like $30 and leave, instead of riding it
out and seeing if he hits a hot streak. But when he lost he would lose
his 100 and keep buying in. So he would have like 4-5 winning sessions
compared to losing but would lose more on that one session.

So if your making .001 you need to do that 11 times compared to the 1
time you lose the whole .01 (not an easy task)

This is the best strategy but frankly only 10% of people are able to actually adopt this since the sting determination is required to have that control once you lose to get out rather than playing more to recover the lost amount.

You can always deposit more and gamble away your deposit, specially if your first result was a loss.

There is no point to withdraw every 0.001 BTC, because deposits are as easy to make as withdraws.

If you have self control, you won't need to do so many withdraws

It's not work for me !! I win 0.1 from 0.01 and lose all then. IF I withdraw i will deposit and lose again.  :-[

That is what you called self discipline, you are right majority of the gambles does not want to stop when losing in the process and I agree with that because that is human nature that we don't want to quit with a losing record. We have this price that lead us to gamble more to chase our losses.

Honestly guys, that is not a strategy in gambling, haha, thats' called Discipline! and its two different things, haha. 8) 8) 8)
-cheers-

This sounds quite wise. I'm not deeply into gambling, so I just gamble with the faucet money and basically can't ever lose

the key is self-control and bankroll management. when you win then withdraw it, you should not deposit it all again. keep some % of your profit on your wallet. if you lose it, then dont deposit again.

That was also a good thinking @arseaboy, after winning you immediately stop playing. Because not all people like you, after winning they will actually bet again and again until their winnings will also gone. Don't expect too much in gambling that you will also earn $45 a day. It is much better that you just stick of what you are doing. :)

You can always win that $45 in a day but then again ti comes back to how much bankroll do you have and how much you can afford to lose, both are important to win in gambling as you cannot expect to win big amount with a little bankroll.

Good strategy on your part but Dont forget its working for you based on chance and probability which might change anytime time but I commend your strategy cos of the amount of your wager which you might lose or ready to lose if the tides turn . be careful its on chance good luck in your strategy... My 2 cents...

Are you gambling within the USA? Because if you withdraw from a gambling site into coinbase, they might close your account since you are not allowed to gamble legally in the USA.

Yeah in investing we really need more time to earn money, and not just time but months or even years, for you to become rich. Because all I know a lot of investor now a days get rich, unlike gambling I do not know who'd become rich with this.

all people can still under control when they are winning,
however, the problem is when you are losing,
some shittest decision will be made during that time...

1.Its waste of your time.
2.Bet on sports with the lowest/most winning bets ,you'd have better outcome.
3.Did you just asked me to pay more transaction fees that my actual profits from each roll ? haha

i agree with you what you are telling each time withdrawing only the transaction charges are lossing it, instead you can play in sports book where their are lot of games which are favorite and winning let the odd be less.

True it is simple, This strategy will work base on your luck. But of course it depends on what game you are playing too. In some dice site that i am playing, Some players there gamble with 0.003 balance auto bet on 77% prediction bet size is 0.001 if they are lucky they can win 0.001 or more in a matter of secs but they can lose in an instant too. In your strategy you have 0.01 bankroll. What if you get 0.001 withdraw it to your coinbase but after you withdraw that 0.001 you lose your 0.01. You lost 0.09 on that bust.It can happen to you soon. So be careful with your strategy and goodluck :)

that is a very good thinking. i think through this you can minimize your lost up to some extent. i am also thinking to make such a strategy for my self so that i can also minimize my lost.

Self control is really the best strategy in gambling because if you have self control and discipline you know that gambling is going to lose all your money if you are not going to control yourself.

But if you are going manage it properly and going to control yourself then you know your limits and going to make bitcoins out of it.

The best of your strategy is having a limit of 0.01 , you will not loose more than this 0.01 btc , about withdrawing every time that you win 0.001 i think that you could loose so much on fees.
And don't use Coinbase with gambling sites!! They will close your account.

That is a good strategy as you can limit your losses and winnings in gambling and with that it would make you feel comfortable while gambling because you have a control with your self. You are not like other people who chase their bets when they lose and let their emotions take over.

and that emotions will kill everything and burned all your money, I think you have  a good strategy if you really can control yourself most of the time I always say that yes I can do and control and I can limit myself but when big hits come my way I keep playing and lose again.

This strategy is only good when you are winning at the beginning. But as you know by yourself you can lose right after the start, so ... But if it works for you it's good. Good luck!

its just your luck :) if you dont luck you will lost in first bet

Its a good strategy, you know when to save while you are winning, but you dont tell us, how if you are losing? Are you going to keep on continue to play until you lost it all? I think the best strategy is to limit your winning and your losing

Yeah, it was the best strategies and methods. However I do not believe if it were owned by a few gamblers. Because the power is only owned by people who are obedient to the Lord and not breaking all his orders. So it is not possible

i see many things that are wrong here.

1) this is no a gambling strategy, if you want to call it anything it is more like a money management technique.

2) reaching 0.001BTC profit from 0.01BTC is such a big amount (10%) so it can take forever if you are playing safe. and if not you are going to lose the bankroll fast.

3) the worst part is that he is using "coinbase" as his wallet. the thing about coinbase is that they will ban anyone who uses their wallet for gambling because gambling is illegal in the US (where coinbase is located).

That is good self control, but i prefer you to bet it in sports bets, not on dice, i already experienced 90% win chance and loose in the first bet many times. haha, but in sports bet, the risk is really kinda low.

yeah, both are important for winning at there but winning at there is not sure , there are the same chances of lose also present as that of winning, so we cannot say that with providing these both we will definitely win.

There is no gambling strategy to win BTC forever, the best is to stay away from gambling.

So you think people will male more with sport bets ? 90% is very good. I still haven't done betting yet I'm waiting to fatherosome extra bitcoin. Hopefully I will be good at it. Or at least better than gambling ^^

Haha, yup gambling diddalam 100% there is no way for a safe strategy and get great benefits. It all depends on how you do the gambling and how you think of gambling, gambling is very complicated and strict in providing benefits to all gamblers. so you gotta extras in manifesting your dreams for profit

Sometimes we all need discipline when playing gambling but we always fail to do it, because our emotions are too powerful to dictate us that we really want to bet again and again. But if you are just a small bettor I guess it is just fine to bet. Just make limitation to yourself.

That's not what this topic about. It's exactly about a "gambling strategy" it's rather about "saving your money strategy" or "limit loss strategy". But in general I agree with what you've said.

the most important thing that we can control ourselves, but it is sometimes difficult to control greed, especially when we are in the condition to win, it's hard to stop and wanted to continue to get more. also the amount that is not too much of it is a good thing in the game of gambling.

Sorry bro but your this strategy will also fail there is no strategy which works in gambling.Not always you will be able to make 0.001btc from 0.01btc.When you go from 0.01 to 0.009btc then what will you do may be gamble more and then loose all.

But it is harder to stop in gambling when you are already losing big and you have the money available for you to bet. Even if the money is not intended for gambling but you have that in your hands you will be tempted to gamble that amount.

A easy way to save from gambling is to avoid it. But since its very simple its actually the most difficult for people to do this. Since they have made their life so complex that they like to make simple things difficult and then keep solving it.

But why would you avoid something that you like doing? If you deny your impulses, you deny what makes you human. I think it is ok to gamble but follow a strategy to avoid or make risk taking smaller.

yes and therefore I say, self-control is very important. but the fact is hard if you're in a situation like that.
I have lost a lot of money on gambling, but I do not like it, I am easy to stop and play again, because I play with the free bitcoin and for having fun, also never thought to recover any losses.

To be honest, .01 bankroll is not really that fun to play with but with your discipline of your system by withdrawing when you profit to .001 is good. As long as you follow your system, you are good. I am really a big advocate of creating system and sessions in betting.

.001 profit though is not a very encouraging, my ideal target profit a day is minimum .01. If I got lucky, I go to .1 but in unlucky days, sometimes I loss more than that :) But, really, I am now recovering..

If you can't take the risk, then simply don't gamble. Besides nobody is forcing you nor stopping you from gambling, and I consider this is part of our everyday lives since the choices we make have benefits and consequences, and thus our outcomes affects our choices.

Exactly... He is talking about how to limit your losses when gambling and not by stop gambling. I find this method (gambling in sessions with a goal in mind) effective enough for that purpose.

That's true, yes we all want to win in gambling, but the thing is, we cannot win all the time. And for us to stay away or not to become addicted in it just be contented of what we have right now. Yes it is so much fun when we win in gambling, but it is also bad if we lose all our money. So think twice before using your personal savings.

All related about gambling regarding victory, surely it is very dangerous for those who can't control themselves. For if they are already getting the victory a few bets, sure they will give greed a whisper and we should be able to avoid the whisper, if not then we will experience addiction and a huge defeat.

your plan is good but you still can lose a lot, i would take what i won after  i have 50% more than i started with, so i would also earn more

You have the right idea - if there's any way to win money in gambling(which there basically isn't, consistently anyway) then this is close to it, the problem is as others have said that house edge means that overall your initial bet will just disappear.

Personally, I think that it's kind of a waste of time since you're only playing for pennies in a span of time while on the other hand, you can do other meaningful jobs and get paid for the work you've done. Most people say gambling would never be profitable because they are afraid to take the time to study the risks accompanied to it. Also, since the advent of bitcoin, many people seemed to hop on luck-based games and get a losing streak, blaming the whole industry of gambling afterwards.

It's a nice strategy, yes, if played with big amounts. But again, personally, I think it is just a waste of your precious time gambling pennies.

I think the better way is to limit your losses, not your wins. It isn't everyday that you can win consistently there will be losing days so you have to control your losses. If you control your wins you will only be a small winner and a big loser.

It sounds like a great plan. But first, i would find it very hard to carry out for me cause it will be too troublesome to keep doing it. I may need to do up to 20 times in an hour. 2nd, wont that cause fee to make up a huge percentage. You will find that your profit will be reduced by a huge percentage due to multiple small transaction.

yes sir this things need also to be considered the transaction fee will reduced the earnings and just to make sure you are using coinbase i think they are very strict if they find out that you are doing some gambling your account will be locked. just be careful much better to use other btc add.

Ok... but what games do you usually play? What is your bankroll management beside the fact that if you win you immediately withdraw and end your gambling session?
I am asking because you sound like 'self control' is the greatest gambling 'strategy' ever created. And I want to debunk this myth - it is not.
Self control it is certainly helpful and required if you want be serious gambler, yet you can't expect to win more just because you have ultimate self control.

That is when it gets exhausting betting so many times limits your chances of keeping your luck alive. That is what the casino's are hoping for. It gives them better odds of taking the players money.
Same with betting large amounts all at once. It is also in the casino's fair; they have more of that chance that you will mess up and lose it all.

Casinos still has the edge regardless on what type of game you are playing, and the worst thing sometimes is we have a problem with ourselves that we cannot gamble without thinking with so much money to win.

It could happen that we can make money in gambling but since we do not have the discipline we still lose in the end, we never stop as if there is no tomorrow is one of the reason why we failed to succeed.

Yes we can still lose money even if we have self control, we cannot handle what will happen in our game every time we bet so no one can tell if we can win or lose, but at least you have self control so that if you are really not lucky in that day we can stop immediately.

Your argument is invalid. You expect to win more than you lose. That's a dangerous thought. Especially when it comes to gambling.

I wonder when people gonna find out that there is not a single effective strategy to make money from a luck based game.

In gambling, we win some and we lose some. Self-control is really hard to do, especially when you are just starting in gambling. The trick is try to create a system in betting and when you find a winning system for you and that you are comfortable with, implement it when you gamble.

Here's an example, when you have a bankroll of let's say 1 BTC, you divide it to 10 - that would equal to ten .1 btc. So you have 10 days, 10 hours, or 10 minutes to play with your 1 BTC, this is will be up to you. You then target a goal profit and when you hit that profit, stop and restart a session and if you lose that .1 or 1st session, don't chase that loss - stop and call it a session lost and then play again with your second session.

We are just talking here about sessions and no way of betting yet (it is worth a new post to discuss). So with this, you will eventually practice self-control by not overdoing your bets because you have a fixed amount of bankroll to play with in every session.

i agree, but at least he is managing his money. and the important part of his strategy is not getting greedy and withdrawing the wins.

but also he is making a lot of mistakes other than what you mentioned like using coinbase for one, because they will ban him and confiscate his funds because of gambling.

if I might be better to withdraw when profit reached 50%, so that the balance I was able to backup the defeat.

People do that but then when they lose that 50% of the balance they deposit the amount the just withdrew to try and win that amount they just lost back. ::)
It is a a vicious cycle that there is only one winner in the end.

the trick is to stop and withdraw with whatever profit you made in the process. Most method is to try and stop before hitting the long chain of losses. So the more you drag, like playing until 50%, the higher the chance of losing your basic bankroll.

This is a good strategy.  I would suggest that you must be aware that the longer you play, the more possible the house edge  kick in.  So I would suggest that aftere some rounds of winning, create another account and play with it leaving your old account idle for several days or weeks.

Actually it does not matter whether he creates a new account or continue to play with his old account, the longer he play, the more likely he will encounter the streak of losses. Even idle the account will not help cause every roll is independent of the previous rolls or the time frame. It boils down to luck.

If you are winning thats a good thing but becareful because you are playing gambling not a simple game, and gambling is a too much risky game, also it is addicted game, and you always need luck but sometime you strategy doesn't work, so beware for that moment.

This is as retarded a theory as I've ever heard, but it's not surprising.   And if you have to try to control something like your gambling,  then you might be more out of control than you think.

This is not always working because gambling is always depends in your luck..
weather you are skill person or not..
You will still experience of losing of this method all methods are base on luck..

I thought it was a great plan too until I tried it.... Didn't do so well. Lasymhalf my bitcoin though because I stopped indodnt wanna go all in to try reclaim them in case I lost. I guess it's better then having nothing left but really there is not a strategy just management and luck.

Really I do not have any specific strategy to limit my losses nor to maximize the profits. Usually I go for gambling with the bankroll of faucet earning. If I hit with minimum amount for cash out, immediately I will go for it. Otherwise, I will keep on gambling till I get bored regardless of my losses.

you are right, but basically I was just trying to secure my capital, and do not want to lose all in an instant.
but whatever the method, sometimes in the end I lost all and did not get any ;D

I always pump the idea of betting big to win big.. thats my biggest problem. Otherwise its not fun for me. Controling is also okey but 100k is too low to give some heart attacks :D

Creating new account after winning to get another winning is just a stupid mindset. Creating new account will never change the outcome, its all depend on luck. Perhaps you have experienced a winning streak with different accounts, but it was just lucky instead of the effect of the new account IMHO.
Having a limit on both winning and losing is the best way to control your gambling.

Its depends what your net worth is. In the USA $100 might not be much money but in some 3rd world country it can be. Its different for everyone.

I think creating a new account on gambling like dice sites and gambling that have provably fair is also give some affect. I mean you can reduce the chance of lose.

It really cost a lot just by practice your self control here. But anyway lets assume that you lose most of your session without getting any profit and in the end you are still on negative? How are you going to fix this? Open a new session again to bet? And that will cost 1 btc again? Sure that thing is really hard to get

Well, we need to put our mind that we need to save our personal income and not to use it as for fun in gambling because money is really very important to us in life so that when we can have our own family we can give what their needs in life, Don't think about their wants in life the more important is their needs.

LOL, how can you be sure if you can reduce chance of lose just with create a new account in gambling sites? It's the funny thing i ever heard from a gambler. Create new account -> provably fair, haha

He thinks that if you made too much with one account the webmaster can increase the house edge to make you lose so the casino can get their money back. However I don't think that is true.

Will do agree with you it is depend on our bankroll and how much we can afford to lose, but if someone going to play with big amount than it has 50-50 chance, if he is lucky than gambling is fun for him otherwise it can cause of get heart attack for him too. ;)

Well yes, if you play big you can also win big. lol. When you're so used to playing with big money, suddenly trying to play with small change just doesn't do it for you. But the thing is, having the control to play both big and small is very hard to do. Let's say you're betting 100 - 200 mbtc at 2x payout, when you make about 1btc, STOP, take a break, change your play to 1,000 satoshis at minimum payout for say 15-30 mins,and if you want to, then you can continue.You have to calm yourself first so as not to let emotions and greed drive your play. Also, never chase your losses and depend on just that one big win.That's a big no-no.You shouldn't play with money you can't afford to lose in the first place.

Well self control is the best strategy to limit loss and make Bitcoin when gambling.  Doing this kind of set up you control your lost to the house.  so if you set a 1 BTC budget and you lost it and stop, The house will not get more than 1 BTC.  And then if you are winning and suddenly stopped in the middle of the winning streak, you remove the chance of the house to chase you on their loses.

Self control & Luck are the ONLY strategies actually working. Please tell me how can you go to a casino and find 'a strategy' to win and the admin gets it patched after a few days, tell me how is it possible to find Casino bankrupting strategies. If they existed, the guy who found them would NEVER share them. It's all about getting views on YouTube and on Blogs, so they can get easy money from ads. Just keep it all in control and you'll find out that there's only luck and self control in gambling.

I think you have a very good strategy. What happens when you get below your deposit amount though? What are you betting methods? Doss your base bet start low (at dust) and slowly grow through a loss streak until finally you when a big sum?

I once won 360k after slowly betting away 100k starting off very small: it was my last 30k some satoshi, and right before I bet, I was very sure that I was going to lose, but I didn't. I kept 100k to gamble with, 'gave' 100k back to the site by buying lotto tickets, and sent 100k to my wallet. That's the way I like to do it; 3-way spilt.

Funny you say that amount. :D
I just lost that very same amount yesterday at a bitcoin casino only after 2 hours of playing.
That ws the fastest I ever lost that amount of money in a short amount of time. But I did not see it as that much. But since you just said it is alot to a third world country that got me looking it in that perspective. :'( That is alot of money after all.

with this strategy, you'll never be able to build up a bankroll to gradually increase the profit you can make. I'd recommend setting a higher goal (like maybe .1 btc) and whenever you hit that goal, you withdraw a portion of your winnings. That way you can still build up your bankroll while making sure you dont lose everything

HE does it like that to protect his smaller bankroll. Its true when you bet higher you can make more but you can also lose everything. Its different for everyone.

With bigger bankroll though, you can build many sessions which give you many chances of hitting your profit goal, be it daily, weekly, or monthly profit goal

But when playing with bigger bankroll one can lose a lot of money very fast without even realising it because they may be continuously betting thinking they got a big bankroll but we all should remember we can't beat house bankroll to win at the end. I prefer to gamble with some fixed bankroll to limit my losses on a daily basis.

If you bet a strict % of your bankroll, you won't lose money quickly. I don't think you know how proper bankroll management works. If he bets 5% of his bankroll on every play, then he will lose less and less after each loss, minimizing his losses. But if he keeps winning, then his bankroll with get exponentially bigger

first of all are you sure you can get 100k sat you can still lose the 1M sat your not sure if you can win that or not

strategies dont work in gambling, trust me

i have played since few years :)

strategies in gambling are only good to make you "feel good" not to help you win. because really there is no strategy for winning, there is only a house that always wins and takes your money in long term so you have to gamble for short term and have fun randomely.

making strategies is not wrong, although is not guarantee for us to win the games, but its a way to trying to win the games. maybe many player do not used strategies when they played, but i think having a plan is better than just gambling without a plan.

Those who do not use strategy in gambling are those who are long time losers and will never win in the long run. There are games that even if you have a good strategy you cannot still win because games has the house edge that would make you lose in the long run.

Strategies are only good for skilled base games because you are betting only against your opponent.

But if we have our lucky day than any strategy can be helpful for us, in general there is no strategy can be better to play with daily limit, but majority of the people still crying due to lost of their money so quickly.

yes that is such a good idea, and through this one can control his lose and can also save his winning bet. i have also a good management for my money in gambling i do gambling up to a limit and stop it when reach to this limit, i some time exceeded that limit but then  changed my strategy now when ever i visiting the casino i only bring the limited amount and when i lose that amount then i stop automatically, because i become out of pocket and there is no other way except to leave casino.

   Not bad strategy, I can say that you really play like someone who wish to play for long, and to cut loses as much as its possible. With that kind of game you can play longer and in the end to not earn much, but also you cant lose much. If I can guess you didn't made profit on gambling, you won same money you lost, you are around zero.
   For good profit in gambling you need to know to play aggressive. And that is only way to make some money, for that you need to sit to play with a lot. Or to have extremely big luck with betting on high odds with small bankroll. If you don't win, money you have will melt in minutes.

When you gamble with this type of strategy like limit the loss this will not guarantee making more money but if you strongly stick to this regardless of outcome this will surely help to have minimum losses. In this regard I see this good but where OP say this help to make money on that part I don't agree because when you play majority go after recovering and forget about any strategy.

Yeah, that's very true. because all strategies that can benefit we will definitely makes us lose big if the always use these strategies without changing or finding new strategies. Because all system gambling (except sports) will surely detect it automatically and they will give you a red pen against strategies that make them loss (the site owner)

I do agree that some games do not fully depend on luck but need strategies to win. But as per me only good strategy may bring one or two times win but in the long run, to win in gambling we must need luck and without luck, I don't think anyone can make money from gambling over the time.

Me too, this is only my first time to hear a situation like that, can you please explain to us further how can we reduce our loses by creating new accounts in gambling site? I really don't get this actually,

That is just a superstitious belief in gambling and doing that is just fooling your self. If your chances is low in a particular game due to house edge you will still lose and that's it, no one is going to win big in the long run unless he is lucky and immediately stop in gambling.

What type of gambling do you gamble ? Because i think there is some strategy on some gambling, like poker and sports betting. In dice sites, yes strategies are not worth and useless.

Do you stop gambling if you lose 0.001 or would you continue? When I gamble I accept the fact in the long run I will lose and just limit myself to a set amount. It seems to be working well so far and I haven't lost a significant amount yet.

Thats a good strategy. But it cant assure you that you will always win. I suggest set an amount enough to for you and can afford to lose. When you win atleast four times withdraw it. Sometimes in excitement you are being cocky and gamble all your earnings. Limit your gambling time. Dont use all your time gambling and have a rest. Sometimes it can help you to think and decide a good decision. Greed is also hard to control so just i said, set an amount you can afford to lose. So when you loss, no hurt feelings.

Yeah, I think after winning good amount in gambling and immediately stop playing will have you a good feeling in that day, cause you don't lose instead you give yourself a reward by playing and entertain yourself. If we are really lucky enough we can really win in gambling no matter what game is that.

Correct. But if we get greedy on the process, there is a big risk to lose all of our bankroll including the profit. With this, we must have a clear and fixed target profit in any given day and once we reach that, we must stop.

Well, if we are greedy then we will lose, that is how simple it is. Gambling is never an easy game to make money because of the big risk associated in doing it, greediness will not give us a success in gambling so we should learn how to control our self and stay discipline if we want to last.

That is correct! We should be disciplined enough to only follow our pre-planned betting system and creating more sessions on the process as well.. Without that emotional control, you will surely lose in gambling.

Perhaps the best advice is to opt out of gambling, for those people that are mild in nature and will not be able to cope with them.

I agree to this. If you are not risk tolerant and still want to gamble, the trick is to only gamble what you can afford to lose and you will be fine as long as you stick to it and never chase your loses..

Don't get hooked and just play for fun.

If you want to go serious with gambling though, it would be a different story.

Hello
Well it is a very good strategy not to mention a very popular one and a very disastrous one also. Take my word for it because making 0.001 from 0.01 will take you several bets and once in a while the house will catch you when you run out of luck and lose everything in the process.

Trust me don't waste your money like this by gambling. These strategies never work because the math is never on our side that is why it is called the House "EDGE" - the house has a edge above you.

If these strategies worked then casinos go bankrupt and would not make a profit. But that is never happening so I hope you get the picture.
Good Luck!!

i agree with you mate, if using this method in the long run automatically the house will smell you up and they will make the system to be change maybe you are so lucky and you have a lot of self control assuring your self to calculate the correct amount to bet and luckily get it on the way you wanted to be.

Your strategy is too simple.

But for my opinion,
You have a low amount of limit to the winning amount you set,
It is better (if you have a 0.01 bitcoins at stake) to set a higher amount of winning.

And also how about your limit in losing?
Cause what if you lose all you 0.01 before winning 0.001?

This make sense. If you only play with .01 in one setting, you have the chances to get bust in one run. If I were you, I should divide that .01 into 10 so every session, you only play with .001 and play with your strategy. If you lost that session, you still have 9 more sessions to cover your loses. If you only play 1 session out of .01 and lost, there is no way for you to fight back again. For me, 0.01 bankroll is not enough though to see significant profit if you play smart.

To those who wants to "limit" their loss, there's actually a proven and tested trick. After doing this trick, you'll lose 0% of your money. It works in the long run, as well. It works in all gambling sites unless you're stupid. Look for the "Sign-Out" button and then click that. After that, start looking for an actual job and quit hoping that you'll make BTC out of gambling. You're not some kind of hustler, you're just an average human being.

That is a great strategy,

It is like putting self control, on your betting, putting limits on your losses and also putting limits on the amount you won before you withdraw it.

it is almost the same as what I am doing every time I gamble.

But keep in mind that you will not always get to win and have that 0.001 profit every time you play, so I recommend that it is better for you if you set a limit on amount you may lose and that should be too low.

It looks like great. Instead of losing 0.01 BTC in the single bet we can use this strategy, and we will make a profit. But the profit is very less I agree. Then also this is a good idea. Suppose if we lose 0.01 BTC we will get hurt lot and it will take too much time to earn back. If we lose 0.001 BTC it easy to get back in within few games.

The amount does not matter, the most important is we only gamble the money that we can afford to lose, there are many games available online and we can get the real happiness if we do not think of winning, you guys will even feel sad losing 0.01 BTC which is a small value, how much more when you lose bigger than that.

OP want to safe bets with small amount of profit and he doesn't took any risk with higher amount of winning such as this thread title thread that OP strategy to limit loss even this is will not always works but maybe he has considers this strategy is safer than martingale or other strategies

yes that is reallya good strategy but it can only be effective if you are following this and you have full control on your pulse and have the power to control the pressure so your gambling strategy will be useful and effective. i have also gambling strategy and so far it is too much successful.

wow maybe you can also try sharing that with us, good attitude and good perception between losses and winnings if you can control that strategy will be useful but if not for sure it will ended up to lose more and more.

Yes indeed self control to do the most good if you 're gambling for you will win . Most gambler did not wins because that would not satisfy of their winning they want big so just continue to lead the adversary they won because of their greed for money and desire to win big . So now i know i must have self control for me to win.

What if you lose that 0.01 bankroll what will you do next? Because lets admit it everyone has a bad day or bad luck. What if you did not able to win 0.001 but instead you lose 0.01 bankroll. Are you going to deposit again and continue to withdraw everytime you get 0.001 or you will deposit to recover your loss?

Wining 0.001 bitcoin over 0.01 btc bankroll adds up 10% wining and i think if you deduct transaction fee on deposit and withdraw, only 8% will remain. But i agree on that taking away small profit is very clever decision rather than being greedy and lossing all you have. But what will you do if you loss same amount like 10% when gambling, if you don't stop by than than you may loss all 100% trying to recover it and with this strategy it will take more than 10 days to recover those loss. So better you stop with either 10% loss or win.

For me if you have reach to lose 0.01 bitcoin it is a good limit for losing. And that is an indication that you need to take rest for a while and take some fresh air outside.

And for me, if every time you are going to win then it is not a good thing if you are going to withdraw that immediately because it is very small amount maybe 0.005 will do.

i think you are lucky if you are really playing gambling according to your strategy i think the most important thing is to have control on your self while gambling, because most of the people have no control on themselves while gambling,and continue loosing money tell the end.

0.001 is the very small amount if there is no fee for withdrawing your coin it is ok no problem. But if they take charges to withdraw means it is not a suitable method. My suggestion is atleast it should be 0.005+ BTC is enough money to withdraw. Anyway, your strategy is good, let's continue will see how much profit you will make.

I was wrote on the paper, if i have got profit from trading i will play gambling and if i was lost for 0.005 bitcoin i must stop play gambling and never making deposit again and i must be discipline following my rules although it is hard.

Yes indeed self-control strategy is a must-have when they want to play gambling. Self-control will save us from losses due to addiction of bitcoin. It would be very helpful to avoid defeat in large quantities.

its a good gambling strategy however you dont mention how if you are losing, will you deposit again or play in another day? but able to control yourself when you are winning is a good start, but when you play for a long time, there will be greed over you and you will want to try bet bigger, at that time you need another good self control

Normally we do deposit because we want to win back our loses, that's how normal people react, actually that is just fine if we have the control that is necessary in gambling. We should limit our loses and not only our winnings.

Self control is not enough to become our strategy in playing gambling sometimes we get booooring in game and we all in to see if there's a luck on our side i started playing last nigh in satoshimine and i deposited 0.001 and it really makes me happy because i turn my 0.001 into 0.01 bitcoin and withdraw it and never played it again.

May be self control is not suit you, but is necessary in gambling, because if you loss you self than definitely you will be addicted person in gambling, So always remember to control yourself on right time, if you lose or win in gambling, but don't lose yourself.   

yes that is a good strategy we can see that there are so many people who involve in  different kinds of trading without any trading strategy that is really so risky and then often book lost.

Self control is the best thing for anyone when you are in gambling.
You are used to making 10% on your bets which is good, but when you lose on those bets, what do you do?
Control is good, but the percentage that you are getting on your bet needs 10 wins to recover 1 loss, so play carefully.

Your strategy is very good when win all the bets you have placed, But what do you do when you lost that 0.01 BTC in your first bet, I don't see that as a strategy its just an idea or you wish of how your betting should go

I don't think you have made this post for getting some strategy from other members, you are just copying from some other forums that too with too many spelling mistakes.

OP's post is actually a strategy. It is his own idea to self control the amount he wagered on gambling. I think OP will stop betting once his base bet is already loss because that is his limit amount to be wagered on gambling win or lose

All the strategies that we use only as a way to get something or things uncertain (win or lose), so if you lose while gambling then it's something reasonable, but if you do your gambling in a way that is not good or greedy then that something unnatural. do well and normal gambling never sought to be too deep

That's the right way to do, because if OP is to bet on 2x odds, it is understandable that OP will recover it back in another bet but 2x is risky. But who knows whether those 1.10x odds bets will be sureshot wins or not? If lost consistently, OP will cry back making some other thread asking people for some help to quit gambling.

My strategy to make profit in gambling is i always deposited 0.01 of my bitcoin then if i double that with an hour i withdraw my bitcoin and never played it agian so that i could easily double my money with the same odds maybe soon i will try another strategy to make profit in every gambling website.

Personally i already used OP setting on odds because it has a higher chance of winning but i lose 3 consecutive roll with that odds with 1000% increase on base bet. Hahaha. That was my very unlucky day. I loss almost 0.1btc by that strategy. And now i'm convinced that Dice game is not meant for me.

wow how you turn it from 0.001 into 0.01 bitcoin? i hope i can win so much like what you do, but i think i don't have luck and i don't really good to play gambling. its good self control to not to be greedy when you play gambling and i really appreciate that you can control yourself.

This is the first time that i knew from the other peoplt that self control can be considered as a strategy on gambling lmao . Strategy is the thing that you are doing in focus it includes the technique and for you to know self control is an attitude

The strategy is indeed the main foundation of trading or gambling, no strategy then all things just ended in failure. Everyone who is successful must have a very good strategy to support that success. In addition to strategies, we must also require patience, hard work, commitment, and consistent. It is all interconnected and mutually binding, if among it's gone or no success then we get only a partial

that is so true. That is what professional gamblers and traders are really doing - they create and established a working strategies for them that will make them more wins than losses at the end of the day. There is great math calculations involve and hard core planning before you ever bet. Discipline also plays a vital role here.

Well the Stertagy You are Using is Good But Your Way of Earning Money is Not Good....
I am Talking About Gambling, As You Know that Gambling Is a Shit Game Based on Pure Luck and I Never Seen Anyone Who Become Successful By Just Gambling.....
So I Suggest you to Leave Gambling and Do some Other Business.......

Yes I agree.. also have the same thought about this. You're strategy will work for now somehow and it's good for you. but when you start getting a losing streak you're going to curse the game. better do some other business to invest your money. there's no guarantee in winning when you do gambling.

that strategy maybe work for only for few people and not for all people, so i think we should make our strategy so we can get winning like him too. but all in all, thats strategy is work for him and made him a good amount of money.

It's actually a very good strategy. Backed with self control to stop whenever you reach beyond that amount, it a good way to gamble. Although there's no guarantee that you will exceed 0.01 before you stop, having a specific amount allotted to gambling would be a good start to being a responsible gambler

For me, if you are just gambling for fun and entertainment and will stop when your bankroll is gone already (money that you can afford to lose), then there is really no need for self control because you just wanna have some fun after all. Just bet randomly and see if it wins and having fun - but never ever replenish your bankroll when you run out of money on that session ;)

Well if having some fun and allowing your lust to be filled up and just using enough money to play without any aim winnings will help us avoiding completely getting addicted and wrecking our life as we knew what gambling can bring us in the worse case scenario we do need to assess our self making it sure that we are just playing completely for fun and some enjoyment.

Actually it's good yet bad too. Why? Its because of the amount you start of which is 0.01 and it looks like that a huge amount for you and betting with that high in just one just to get 0.001 is too risky. And you can even just win that at 90% with that bet amount. So rather prefer to bet with lower amount and win that than risking that amount in just one bet.

He didn't say anything about the multiplier that he choose. He didn't say that he's betting at 1.10x for you to assume that he only has 90% winning chance. It's not exactly 90% by the way because of the house edge. What he's trying to say is that he stops once he made 0.001BTC out of 0.01BTC. Maybe he's doing low amount of bets until he reach his goal.

Setting a goal is a good strategy in gambling but the problem is when he lose all of those 0.01BTC even before he makes 0.001BTC out of it. There are times when you're so unlucky that you don't even get into positive profit from the start.

Betting the high odds to ensure good percentage of winning does not work to me all the time, the house made the difference and we will never gonna win in the long run, if you really want to have bigger win then it's betting to bet for big odds and if you are lucky then that's it, you will win big.

Yeah, I think after winning good amount in gambling and immediately stop playing will have you a good feeling in that day, cause you don't lose instead you give yourself a reward by playing and entertain yourself. If we are really lucky enough we can really win in gambling no matter what game is that.

But i have tried this so many times that when i create a account and deposit and i win so many games and withdraw it next 2 3 days i win but after that i lose on good cards. and when i create a new account same thing is happening. and even have got profit in poker trying this option

Everybody has own strategy and mostly betting with them some feel good with dice game and some like to play on slots, but from my opinion sports betting could be helpful for betting if we can make analysis about the playing teams and with this way we can get little profit for us.

Upon the closer predictions made with the help of different analysis regarding particular team users can get a high chance of winning. Even sometimes the predictions made goes wrong. So as OP mentioned placing 0.01btc and earning 0.001 by winning and withdrawing continuously is not possible all the time.

Any method or strategy is bound to fail in real life. Why? because the maths is based on some assumptions that are rarely true in real life.

In general if you find any strategy useful, dont overdo it. Use it to make some wins (and loss) and then cash out while still on a green streak. If you keep on betting you are bound to lose. In other words, dont get greedy and depend on the method fully while your common sense and responsibilities are overlooked.

For sure house can make some adjustment making sure that they can still have edge.

Indeed there is no strategy will work for long time in real life every method stopped working after sometimes, than I'm agreed it would be nice decision to take withdraw time to time and give try to new strategy if it's working than it is okay otherwise never try to chase our loses there that is worse decision for gambling.

Yup if the withdraw process is free then we can go for this process, But the sites charge for withdrawing our coins then this method does not work. Because for every transaction, they will charge I thnk 0.0002 BTC. So if we withdraw just 0.001 BTC, it is not worth. I don't know how this strategy will working for OP.

Think also that 0.001 is just a small amount to withdraw. Just withdraw like 0.1 if that is big in your range. You will be playing all the big withdrawal fee if you do not do it right, it's gambling dude you do not withdraw here when you do not get what you want.

I have experienced that, no strategies will work for second time too in my case. I did spend more time to set up a strategy but when I was applying it in different site and I was unable to find any better results.

This must be an universal strategy/money management technique that will help any gambler to minimize the losses by preventing unexpected large bet amount amount, usually gamblers go for it out of greedy.

Over all, I was not successful by following many of general gambling strategies/techniques. In my experience gambling will never be cracked due to the reason of we are gambling perfect by following strategies. It will be same and may give us profits only if you're lucky enough.

but i think it is not so easy to stop gambling after winning a good amount, after wining some good bits people like to bet again and again and to make more and more money, but there are some people who can continue winning while other people lose the wining bit as well as their own money in gambling.

That is the reason why casino will going to profit at the end of the day because of people who continue playing during their winning streak because casino house edge will surely be in effect anytime soon. It is not really a good decision to just keep going when you are winning because you will eventually lose.

Quiet right but not true at all. Because if gambler is continuos winning it means that he have a profit greater than the house edge percentage. So even if it is on long run game but if it is continuos winning streak i think the casino is ain't gonna have profit. Just consider that the house edge is just a little portion of the bet and it can't cover the total loss

It is right everyone have strategy to play gambling, but you know many time our strategy doesn't work, Because of it is gambling, and gambling not see that we are experienced man or not. It is totally luck base, and i don't believe on it. If we want less loss than we get less lose, No way, it is impossible talk and also many games are not need strategy they only depend on luck.

Yes, no strategies will work especially in slot games. These games are purely luck games. If you are lucky you will make a big profit or else you will end with the big loss. So yes the sports betting is the good choice to make a profit in Gambling. Here our skills will work out. Other than this in Poker game also you can make a profit. In sports betting, you can limit your loss and make a profit.

In chance games this will not work. Even if it can work in sports betting it will not last long. Yes usually odds of 1.05 and 1.10 are often winners but they can be losses also.

I only believe in mathematics and mathematics told me that is impossible to win 100% of the times you play in gambling , whatever game you decide, game of chance or sports bet.

What OP said is basically make 10% of bankroll and withdraw the money. It can work for some time, but he also can lose somedays... I can't afirm if it will give profit after 1-2 weeks doing it every day, but for who has money, it's a good experience to make.
Even if he loses one day or another doing this strategy, he can get back the money on the next day. You are right when you say it's impossible to win 100% of times, but if we can win 70%-80% of times, it's enough.

No matter how much you limit your loss it is still a loss and when you do sum up it gets bigger lessen it with your won bets the chances of having a loss are still higher than profit. Plus you cannot guarantee a win with that self control you were talking. Another thing be careful about withdrawing your amounts to coinbase , as far as i know they wont allow funds from gambling


Regards,

In mathematics, it is not 100% loss but it shows that the longer you play, the more likely it will tends towards the house edge and therefore the chance of you losing is higher. So you still can win but it is about when to stop.

wow. i've never thought theres a kind of strategy like that well thanks anyway im gonna use it on my next game. :) wish me luck.
one more thing what kinds of gamble are you playing ? im interested to try a new one. its getting boring when my gambling games are always the same,

So what OP and the other's interpretation are that, when OP wins 10% of his bankroll he withdraws everything? What if he loses, until when do you lose with this strategy? Will you also walk away when you lose 10% or more than 10%? What if you walk away losing 10% then you gamble again and you lost another 10%? What does the strategy tell us?

This strategy, I think is not effective. Though I heard this on the radio once, the guy was saying he was a professional gambler. Once he wins 50% of his bankroll for the night, he will walk away. But if he loses the whole bankroll for the night, he would also walk away. Probably, setting your limits is a strategy. Knowing how much is enough before you walk away, or knowing how much you can lose is a better strategy.

You can't really say that you have full self control when you are in gambling site's sometimes we are triggered to play more when we are winning the excitement the thrill we are experiencing in gambling site let's say that you can really easily win 0.01 too and withdraw sometimes you want more profit.

very well said, and most of the time full self control does not prevailed and like what you have said whenever we are winning or suppose having a straight win instead of setting a limitation we used to stay and continue on playing as we wanted to win more money or maybe you have already set your limitation but ends up forgetting it and you will try to make more profit.

This is good strategies in gambling when you get profit you are going to withdraw it immidieantely because if you are not going to withdraw it there are chance that you wiill lose that coins from your hard. Sometimes being smart is really good being smart in making strategies is love and really accurate.

That's right. It is hard to beat the house edge. They always know how to derive money from your pocket. You will become more and more greedy when you are on the winning streak. And you will soon lose all of your money
Coinbase only prevents users from betting, they do not avoid gambling such dice, jack black,etc

The best strategy is to not gamble at all, guaranteed 0btc loss :D

Withdrawing our winning is a good method, but 0.001 BTC is a small amount, at least it should be 0.01+ BTC then we can withdraw this amount. And yes while playing gambling if we have control on our money flow it is good to restrict the big loss in gambling. My strategy also same I will have control of my games and I will try to stick with this strategy. 

I agree same thing I do is to limit my budget and control myself know how to stop when I gamble. And it's working for me ever since. Just have fun and make a liitle bit of winnings.

If i you have a self control then you can start with small amount to gambled this is my strategy also in gambling i always withdraw up my profit every time i win sometimes i take the risk to play more than to save it. Huge profit are comming when we are taking the big risk of high bets. Strategy is ask for advices and always analyse.

Every time i played at mine sweeper i always bet high risk because in high risk there are high profit and there are some luck that we can get profits every time we are going to find bits in the box but if it's bomb then good bye i don't limiting my self to play at any gambling site as long as there are profit i will always play there always save your profit once you earn bits.

Self control would be an important thing when you play gambling if you already earn profits dont make yourself greedy because being lucky is not always their thats why its the best time to take profits when you are currently on that state because if you like to take the risk on playing a longer times then you should really expect  the possible outcomes that might happen on the long run.

It is not good to gamble without any limit. Although it is known trick to increase your bet to cover the losses, it works for one or two times when the luck is on your side, but your cant promise that everytime it will work out for you. Cause once you start to loss this bigger bet, you will realise you need a bigger one and this will never stop.

That is the most important way to get good amount of bitcoins as you gamble and able to minimize losing. Because if you will follow your emotion.

Your done already, that is not going to do any good for you because when you follow your own emotion like you are longing for the recovery of your losses.

It will just put you through into losing more bitcoins, that's why always be relaxed as you gamble and you will be fine.

If higher bet would have meant a higher chance of winning, then gambling websites would have no profit at all. The chances are the same no matter if you place a high or a low bet! It's only your luck that can make you win or lose many times in a row. Anything is possible, but strategies are never working.

Being relaxed on gambling is helpful though because you could able to decide well  regarding on your bettings and don't really let your emotions control you because if you let this thing happen your mind will be confused and actions will not be on order or on exact way therefore expected losses will be done and you will regret in the end when you realize there nothing left money in your wallet.

I think only greediness that can push to be lose a lot.. if you are just thinking that you are just gamble for fun you can not be trigger to deposit more, you are just halving and you are just betting for small amount for entertainment. At being relax i think it can not help while you are gamble,,

That is how good the system is really working right now. It is develop to allow you to win everytime you bet small but when you try to increase it things work not what as it seems tho.

Then coinbase must be pathetic. They do not allow betting , dice ,blak jack etc any kind of gambling requires gamblers to bet amount. They should have known it

Self control is what we need to prevent further losses or being greedy when winning a game, a simply strategy if you could win in the first place and not end up loss all of your capital. But 0.01 isn't a big deal for committing gambling right? that's better to set your start-up funds and quit if it gone and don't try to recover it at the same time/day.

they are just following the law in my opinion.  For some country money from gambling is being tagged as possible money laundering, and Coinbase is wise enough to not accept deposit from gambling site to save them troubles on legal issues.


I agree, this is one of the reason why gambling offer entertainment, to make you excited and lose your calm mind.  That way you will be having difficulty in tracking your bets so you won't effectively tell the time, your bet statistics and alot more.

You could win 99% of the time but if at the end of the day you leave the casino with less money in your pocket then you lost against the casino, this is something that some people have a problem grasping, the measure of success in gambling is the money in your pocket and not how many dice rolls went your way.

You get so many facts wrong over here. When you are betting small, nobody say you can win. The odd is still the same whether you bet small or big. The thing is you will tend to lose because of house edge. What we are saying is that some people lose when they bet small, they end up bet big to try to recover their losses and they loss even more.

Hey! i would like to tell you that self control is one tough thing to do for me because now i can't really control my self from gambling and i really want to win some of my losing games before but i would recommend you to please quit gambling because its not really a profit and it doesn't fit for you by the way rich people can only play gambling games because they have much money but still we can play but in a lower price but its not enough for us so find something to do like trading or something but not gambling for sure it makes your money vanish or bitcoin like a dust in the wind :D

The 10% profit strategy... It's not enough to don't get cocky. The big loss streak can come anytime, even while you are making you 10% profit. You need to create a good method to make safe profit, making some different configurations like chance to win, increase bet on loss, payout amount...
This way you can win without much danger, but if you are only using martingale, the risk to get cocky is high.

But instead of it, it is better than nothing, and also if we are using little amount, especially in gambling, if it is near about 10%, so it is good because if you win less, so it is better to lose all. Even i always suggest play gambling with a small amount, because in it, we have small risk.     

Before I give  my strategy its important to have a fast Internet and try to avoid mobile sites I.e inplay sports betting....strategy is not to bet all my bank roll and stay relaxed if I have 5 bad bets in a roll then that's a wrap for the day

Playing on small amounts is really good so that the risk of being broke is less too but there are really people would really love to bet high amounts and high multipliers and they dont mind about it as long they have chances ow winning thats why most of them really lose up on the end. Self control is a big factor on playing gambling because without it you will always chasing your lose or being greedy.

Yes it hard to control yourself when gambling, if it is easy then we won't have any gambling addiction problem, the point of gambling is to know when to stop and only play if you have spare money to spend, don't expect there will be any profit from gambling and only gamble with small amount to have fun, and there won't be any strategy that can make you rich using gambling

- Internet speed is not a factor in gambling at all. and i say this from experience of someone with slow internet connection. it is obvious that a high speed internet connection is favorable but it won't affect your results at all.

- sports betting has no relation with being mobile site! that doesn't even make any sense. you can open the site on mobile and also the speed and what you use to visit the site has no effect on your result either.

- in the end if you have an strategy that thinks ahead about losses you don't have to wait between losses, just stick to the plan.

Yes, no strategy will make you rich in gambling, but to control your loss in gambling, you should make some strategy otherwise you will all money. The plans will limit our loss and sometimes it will give some profit. So don't play gambling especially sports betting or poker games without a strategy. In slot games, i agree no strategy will limit our loss.

So what are you suggesting then? Either bet is a lost, should the person stop gambling then?  You know to avoid chasing losses and the losses itself.


There are strategies that will make you rich in gambling, see those profesional poker players!  And those big time sports betting player!  Sometimes we need to look around than just say what is in our mind.

Internet speed may not be a factor in a game of dice, but it has a deep impact if you are playing poker since in most casinos you have a timer of about 30 seconds and if you are playing a turbo version you may have less than 10 seconds in order to make your play.

Maybe he is using many gambling sites and needs to load in his browser very fast that's why he is indicating fast internet as he gamble. I don't know if that he is intending to say. But still, as long as we have internet connection whether it is slow or fast you can already connect to gambling sites. And that's a good strategy he said, that limiting himself to 5 bad bets and he will stop already.

That is applicable if you are also good in poker but if you are not then you need to study poker first. Because there are people who are earning a lot with poker and by joining a lot of poker tournaments. But they are already rich enough and even they will loss some bitcoins they don't care for they afford to lose a lot of it.

Like it has been said many times, skilled base games such as poker gives us more chances to be successful in gambling. And when we're serious about our journey in gambling, it's necessary that you are confident with yourself that your good enough to outsmart your opponent, otherwise you'll end up with a big loses that make me you bankrupt.

I agree that there is none and for me the best strategy is following your own will as you gamble because its your money and you are the one that will manage it.

And also if you can do some other strategies that you are able to make some good outcome then that will be better.

My best tip is don't do yolo anytime, especially when you are on your last bet. Don't ever try to do it because it will make you disappointed.

Greediness is the one that makes big loss, the reason is that several gamblers go with the higher odds though they knew that the opponent has got the good strategies of winning. Avoiding it will get you minimize the loss.

if you mean we use with payout 1.1x 0:01 ?. it's silly but I never try and get over the current 1.5x. but the most stupid thing is. I do not menyetob and continued to gamble. I finally defeat

but the question what is your gambling strategy? In this Gambling topic you must know and you must give some advice with your own opinion and for me, we can limit our loss if we also limit our bets when it comes in gambling.

if Omura choose to not gamble, then its fine but i think you should give another solution like teilwalL05 said so we can listen and maybe learn from you if you have a good strategy.

but for me, personally when i am playing gambling especially in dice games, i don't use any of strategy and i only use small amount and that amount i only get from their faucet. i don't have to make any deposit so i think i am not loss anything except i am losing my time to playing gambling.

If your aim is to be a professional poker player and make your living out of it you need to care about every single dollar that you make or you lose, so believe me, they do care when they lose money, but they do their best to not show it.

Same here, no strategy just plain dumb luck lol. i personally think that the strategies won't work in gambling, if they worked everyone would sit down and make easy money. ::)

I do believe at strategies when I was new in bitcoin gambling but it seems that many are in favor of not following some strategies but totally basing on their luck and instincts. Then if what is on the trend and hype, I will just follow what others do so that I'm always in on what's happening. Because those strategies did not even do good to me.

That sounds good strategy but it will more powerfull if you save your money after you reach like 0.005 profit from your 0.01 starting balance. The question is why to coinbase? Why not just tip it to your second accounts? At some sites you can have 2 or more accounts hence your method will work fine at such sites.

Every people has their own target on gambling, in this case his target is only 10% from his starting bankroll. It is easier and safer than he should get 50% imho. Withdrawing it immediately to his own wallet is better than tipping it to his secondary account. Some people do the same but most of them sent it back to the main account to play again or use the secondary account to play again. Meanwhile, if he withdraw it then he will need more times to decide to deposit again and at this time he may think longer to decide.

and with that time frame he can think much better and he can enjoy his day earnings instead of sending it back and play again because chances of losing it again with another game is very possible, good thing that he able to manage this and if followed by most gamblers even in a small profits is much better than losing a bankroll.

Not really, every time a strategy that works is discovered the casinos adjust the rules of the game in order to neutralize it or nerf it, for example when card counting was discovered almost 70 years ago it took casinos by surprise and what they did? They added more decks to the game so the advantage to the player was diminished and card counters are treated as cheaters even if they are not.

Having this kind of mindset will surely make you profits if you limit yourself to a particular day of playing gambling and if you are already on green profits then better  not to be greedy and dont ask for more and thats enought for the da.You are right  we should not deposit again to play more because winning could possibly be lose again including your bank roll.Being greedy doesnt give anything good to you.

Yeah, gambling with such a strategy will go wrong if greediness increases on experiencing continuous winning. As mentioned gambling when done with limitations sure can earn even when winning as well losing.

agreed you only need self control and dont get greedy if you let greed control you might lose all of your money and ended up being broke

I don't think self control everyone know how to do this thing when there are playing in gambling.  Not every one is know how to control self emotion and being lucky sometimes they abusing it and trying to take all profit in one day. You can now minimize losing in gambling once you follow your emotion sometimes our emoiting force us to play more. Im always relax when im playing in gambling yes it will help us to focus on game and become better player.

Even if you do make a profit dont get addicted to gambling more and more. In the end the casino owners are the real winners since they are running a successful business.

The only strategy is to stop while still on big wins and cash out. Also keeping a target is good, but you may just end up losing more than what you win if you dont have that self control - however it is natural since no one wants to lose their hard earned money.

Self-control is easy to say to someone but its hard to do it when you are in the middle of the game. Emotions will set-in depending on the results of the game and we all know people do differ in any ways (behavior,reactions,mindsets etc.) Being cool does really helps together with self awareness. As I said earlier we could able to bet and gamble well if we are on a good mind and relax feeling.

No argument needed for those owners that are winning on a daily basis from the lose of their gamblers. And even you will do some strategies to limit losing, I think there is no way to do it. Because when you get excited to gamble and lose eventually, your thinking is already focus to recovering your loss and that will not help you to limit it but instead you are adding amount of losing again.

The idea itself is very good, but the execution could use some refinement.

Firstly, you don't have to withdraw the winning amounts when you have the self control.

Instead, use it to build your bankroll. If you build it from 0.1 to 0.11, the next day you can increase your bet size by 10% (your bankroll grew 10%, so your bets can grow with it.) If you lose and end up with 0.09, the next day you can reduce your bet size by 10%. This is real bankroll management. Make sure your bets don't exceed 1/100th of your roll, or you will still go bust quickly.

haha this dude was right we're on gambling topic that's why he's askin what to do to limitloss and earn more profit from gambling . well for me we can make decrease our loss of bitcoins if we're gonna make some reminer or maybe some target if we have target we can make decrease our loss of bitcoins when gambling because we know our limitation and in that method also we can make bitcoins more because we know what we're gonna do and how many bitcoin gonna be wasted.

That is right, I have been there, done this and that about gambling. I lost couple of bitcoins already and also winning some bitcoins. I would say that at the end of the day, those that really make a killing in gambling are the one that really put all of their efforts and attention to their system and become a professional gambler and no other things going on apart from gambling. And if you don't want that to happen to you, then better just play for fun and not for profit.

I change my strategy to lose less and i know that this is good so far i lose approximately about 0.02 yesterday and i just played to day in some gambling site and bet in some sports game i made estimate of 0.1 bitcoin so far and this is really good for me. If you lose stop and try another day to try your luck.

Well we cant say that we are playing for fun and not for profit its just you are having fun if you are earning profits from your winning its just dont focus on earning profits just focus on enjoying things happening while playing. That is the essence of fun.

Well if you don't focus on your bet, and just focus on fun, there is more likely a huge percentage that you will lose more.  You will never notice that your bankroll is drying up and that you need to stop because you are too busy focusing on the fun that you are having.  Remember entertainment is a distraction so that you will not notice that you are already losing too much.

My strategy is to stop gambling when I make any amount of decent gains and that is what has been working form e the best, all the other strategies simply don't cut it and don't work in the long term, yo always end up fucked by the entropy of randomness so you must take your profit and leave when you still can.

I don't think that self control is a strategy i think it should be considered as a management because you are managing your loss and whenever you are earning more than or exactly 0.001 you tend to withdraw it immediately. strategy is what we called a plan or action in order to achieve what you want with a procedure .

Well its our own opinion if making little earnings will satisfied us its an strategy that will work, the more ways we can have just to win inside or against the house will surely be a good way or strategy to use no matter what we use mate its our own way i guess.

make 0.1 bitcoin is a big money to win from bets sporting and gambling site and not many from us that could make in that amount. and i am agree with your advice about if you lose, stop and try another day to try your luck.

Yes stopping gambling right after a loss would save many further losses. We need to control our emotions when we are facing loss at the very first time itself. But gamblers will not accept the losses and they want to recover that within that day itself. A good gambling strategy must be always about stopping gambling as early as possible.

You should think that gambling is made for fun so think that you are just halving fun and dont be greedy this is why we are losing because we are not satisfied so if you think that you are just halving fun you will not be greedy while you are gamble..

Stopping gambling is right when you know how to follow your decission and if you are respecting your self then follow and control your emotions you can save your money from dying and if you don't accept your lose then try atleast find another activity that you can lean your time. Quiting is not a strategy it's by choice not to play gambling.

Self control is like the most important tool that you must have if you are going to gamble in the first place.

Strategy has no meaning in gambling in casino games (exclude sportsbetting and poker) - any casino game will make you go broke with any strategy that you try to implement.

Cashing out while still on a winning streak is your safety weapon to save you from your own greed which if not executed, is one of the major reasons why people lose a lot at casinos.

Stopping gambling for a day will delay your losses and it will not ensure your better stay in gambling by any means.

A better gambling strategy in my experience must be quitting it, yes quitting gambling will solve all the gambling problems and will lead to a better life.

Yeah.... This until you lose way more than you expected, and you lose control. It's hard in that moment to control yourself, so it's much easier to manage your money before than controlling yourself after. Never go inside a casino with more than you can afford because the chances are you'll lose all.

If you quiet gambling forever you won't lose more money, but won't have the chance to earn too.  :)

Losses are a part of gambling game, it's normal, the gambler just need to control himself and manage his bankroll to don't lose it in one day or in few minutes. I suggest to play only for 1 hour daily or less, maybe 30 minutes. If in one day you tried to make profit, and didn't achieve it, just quit the game and back tomorrow. You are right, it doesn't decrease in 100% the chance to lose, but thinking in probability, it will give more chances to don't crash the bankroll.

Quitting gambling will never be a strategy and it maybe a solution. To have a better experience in gambling how you will quit it. A strategy must be encouraging to stay within gambling and should not talk about leaving it completely. Stopping for a day and resume next day will get you think afresh for a good strategy for a new beginning.

That's correct and quitting is the final solution for your hardships in gambling, when you are not enjoying anymore it's better to quit so as not to aggravate the loses. You will have to sacrifice your interest in gambling and look for other ways that will make you enjoy without losing your money. This is only for people who can enjoy gambling despite of losing money and not for people who are seeking easy money in gambling.

Thats right. I cant stop myslef if i won .001. I will bet and bet until i cant win bigger than that. But what happens next is the important thing. If i lose maybe half or quarte of that, i will stop. It is easy to stop yourself if you have control and experience. Try to really control yourself especially to gambling.

I agree with you mate that is easy to stop when you already have control of your emotions. But to most people, it is really easier said than done - because when they are on the situation where they are on a winning streak, they tend to be greedy and is tempt not to stop.