Bitcoin Forum

Economy => Gambling => Topic started by: hyperbit23 on April 09, 2017, 08:01:55 AM



Title: *** EdgeDice ***- MAXIMIZE YOUR EARNINGS with 0.01% HE and <1.001 Multiplier
Post by: hyperbit23 on April 09, 2017, 08:01:55 AM
Hi all,
     If you have a MoneyPot account, do try EdgeDice! https://edgedice.000webhostapp.com/

With 0.01% house edge and the ability to go from 1.001 multiplier and lower, you have a greater chance of winning your bets.

Imagine playing at 1.001 multiplier combined with a Martingale strategy, every bet has a 99.9% chance of winning.
E.g. if you have 1.001 BTC, you can bet 0.001 BTC continuously and win 0.000001 on 99.9% of your total bets.
Since there is a 0.1% chance of losing, you can increase the bet to 1 BTC (for 1 round) if you lose 0.001 BTC in the previous round.
That 1 BTC round will definitely help you recoup the lost 0.001 BTC.

I have tested this for many months, and I am able to safely generate at least 1% profit on my initial investment each day.
In 10 days, I will have made 10% profit that I can easily mobilize to play in other bitcoin game sites with higher (high-risk) returns.

Although the speed of ROI is slow, it is definitely much safer, especially if you want to recoup your losses from other game sites.

Do give it a try!


Title: Re: *** EdgeDice ***- MAXIMIZE YOUR EARNINGS with 0.01% HE and <1.001 Multiplier
Post by: Bitinity on April 09, 2017, 08:50:28 AM
Just another a moneypot app with untitled dice script? Wondering why some people still trying to run this kind of app which will not attract many players. Even though you have so low house edge, but it is not enough to bring players to play on your site.


Title: Re: *** EdgeDice ***- MAXIMIZE YOUR EARNINGS with 0.01% HE and <1.001 Multiplier
Post by: jhenfelipe on April 09, 2017, 09:38:01 AM
You did not even bother to edit the script. How do you think people will play at your site? What is your site's edge/advantage to others, your strategy? Martingale strategy isn't new, and any strategy wouldn't assure winnings. Hmm you mentioned

Quote
Since there is a 0.1% chance of losing, you can increase the bet to 1 BTC (for 1 round) if you lose 0.001 BTC in the previous round.
That 1 BTC round will definitely help you recoup the lost 0.001 BTC.

Then, what if you lose again? (0.1% chance is still there)


Title: Re: *** EdgeDice ***- MAXIMIZE YOUR EARNINGS with 0.01% HE and <1.001 Multiplier
Post by: torry28 on April 09, 2017, 09:41:15 AM
Hi all,
     If you have a MoneyPot account, do try EdgeDice! https://edgedice.000webhostapp.com/

With 0.01% house edge and the ability to go from 1.001 multiplier and lower, you have a greater chance of winning your bets.

Imagine playing at 1.001 multiplier combined with a Martingale strategy, every bet has a 99.9% chance of winning.
E.g. if you have 1.001 BTC, you can bet 0.001 BTC continuously and win 0.000001 on 99.9% of your total bets.
[1]Since there is a 0.1% chance of losing, you can increase the bet to 1 BTC (for 1 round) if you lose 0.001 BTC in the previous round.
That 1 BTC round will definitely help you recoup the lost 0.001 BTC.


[2]I have tested this for many months, and I am able to safely generate at least 1% profit on my initial investment each day.
In 10 days, I will have made 10% profit that I can easily mobilize to play in other bitcoin game sites with higher (high-risk) returns.
[3]Although the speed of ROI is slow, it is definitely much safer, especially if you want to recoup your losses from other game sites.

Do give it a try!
Are you the owner of that site or just advertise them?
[1] I'm sure no one would risk their 1 BTC for only recover their loss before (0.001BTC) it doesn't worth with the risk.
[2] You just lucky in some previous months, in one day, you will get 2 red streaks and you will lose 1.001 BTC
[3] There is no ROI in gambling, you just try how far your luck.


Title: Re: *** EdgeDice ***- MAXIMIZE YOUR EARNINGS with 0.01% HE and <1.001 Multiplier
Post by: Qartada on April 09, 2017, 09:56:18 AM
This post is painfully misleading about the concept of probability and how gambling works.
Imagine playing at 1.001 multiplier combined with a Martingale strategy, every bet has a 99.9% chance of winning.
E.g. if you have 1.001 BTC, you can bet 0.001 BTC continuously and win 0.000001 on 99.9% of your total bets.
Since there is a 0.1% chance of losing, you can increase the bet to 1 BTC (for 1 round) if you lose 0.001 BTC in the previous round.
If you bet with a low risk, the risk is still high compared to the "profit" from the bet.  The house edge is still 0.01%, and therefore if you continued betting your Bitcoin over and over again for months, you would expect to lose all of it.

The worst part is:
That 1 BTC round will definitely help you recoup the lost 0.001 BTC.
Then you'd just be playing with the chance of losing 1 Bitcoin, which is still very likely.  A martingale strategy is just a strategy of minimizing losses, not creating gains.  You can't describe any returns from probability-based gambling as ROI, it's just randomness happening to favour you.

Clearly the OP is trying to get people to deposit larger and larger amounts of money into his super basic script casino so that he can get huge returns himself.


Title: Re: *** EdgeDice ***- MAXIMIZE YOUR EARNINGS with 0.01% HE and <1.001 Multiplier
Post by: soul-impact on April 09, 2017, 10:09:25 AM
It's great, it's a great place to be entertained and make money :) 0.01% house and edge to 1.001 multiplier and lower. This is a very interesting information for all of us. With the above ratio, we can easily win over, with just a little luck and small tactics, we can both entertain and earn money: D an ideal place, I will Test your game, hope it will make me feel as happy as I read this information.


Title: Re: *** EdgeDice ***- MAXIMIZE YOUR EARNINGS with 0.01% HE and <1.001 Multiplier
Post by: piloder on April 09, 2017, 12:09:36 PM
Few suggestions for you OP;
1. You are using untitled dice script which will not work with moneypot 2.0 in future.
2. You are hosting your dice site in subdomain and free hosting, just pay few dollar to buy proper domain.


Title: Re: *** EdgeDice ***- MAXIMIZE YOUR EARNINGS with 0.01% HE and <1.001 Multiplier
Post by: ralle14 on April 09, 2017, 12:42:14 PM
snip
Risking 1btc to win back a small loss like 0.001 isn't worth it because you could even lose the 1btc.
You lied about your house edge being 0.01% because I saw 0.02% when I check my bet.
https://www.moneypot.com/bets/1042413950


Title: Re: *** EdgeDice ***- MAXIMIZE YOUR EARNINGS with 0.01% HE and <1.001 Multiplier
Post by: game-protect on April 09, 2017, 01:29:34 PM
Any Martingale strategy is irrelevant for your expected value!

Nice brain wash story here, but if the house edge is 0,01% you can not generate a profit safely!


Title: Re: *** EdgeDice ***- MAXIMIZE YOUR EARNINGS with 0.01% HE and <1.001 Multiplier
Post by: panjul07 on April 09, 2017, 02:18:53 PM
snip
Risking 1btc to win back a small loss like 0.001 isn't worth it because you could even lose the 1btc.
You lied about your house edge being 0.01% because I saw 0.02% when I check my bet.
https://www.moneypot.com/bets/1042413950

Seems that the house edge depends on the multiplier you use.
This bet with 1.001x multiplier https://www.moneypot.com/bets/1042124072 has 0.01% HE. So maybe the 0.01% house edge is only for the lowest multiplier and maybe it is increased for higher multiplier.


Title: Re: *** EdgeDice ***- MAXIMIZE YOUR EARNINGS with 0.01% HE and <1.001 Multiplier
Post by: marlboroza on April 09, 2017, 04:21:19 PM
OP you are wrong. Maybe it looks impossible to roll 2 times under 0.1 (this is 1.001X multiplier) but i can assure you it is possible. I already saw someone hit back to back 990X(which is also under 0.1)
And second why would anyone with little brain in head risk 1200$ to win 0.0012$?


Title: Re: *** EdgeDice ***- MAXIMIZE YOUR EARNINGS with 0.01% HE and <1.001 Multiplier
Post by: Pursuer on April 12, 2017, 08:09:57 AM
this is the cheapest way of creating a shady dice site that I have ever seen!
OP used a free dice script filled with bugs and lots of problems and didn't even bother changing the least bit of things to make it look different and then he didn't even bother to pay a very small amount to buy a very simple and cheap domain name! he chooses a free hosting and free domain to keep the cost to zero!

do you honestly expect someone to deposit any money into this set up?
even if it wasn't really made to scam, and you were by a 1 in a million chance honest, nobody would even click on that link when it is free hosting and domain.