|
Title: dont gamble at dice games Post by: ur0pl on August 11, 2013, 06:29:13 AM I played satoshi dice, prime dice, and coindice
each of those companies have larger bankrolls than you do, so they can play as long as you can, but you most likely would play until you lose... otherwise you would think you are not capitalizing on your potential. gambling at those games is a loser market. It is better to trade ltc to btc to alt coin and back. that is a better way to make money -- trading coins. Title: Re: dont gamble at dice games Post by: Nutnut on August 11, 2013, 11:08:12 AM Gambling with anything usually results in losses. ;)
Title: Re: dont gamble at dice games Post by: favdesu on August 11, 2013, 11:14:36 AM indeed, you can only lose. however, I see some people actually make profit on http://just-dice.com
Title: Re: dont gamble at dice games Post by: Cyberdyne on August 11, 2013, 11:16:11 AM If anyone wants to ignore the OP, Bitcoin Dice (http://bitcoindice.com) has many dice games listed ;)
Title: Re: dont gamble at dice games Post by: Lethn on August 11, 2013, 11:18:13 AM indeed, you can only lose. however, I see some people actually make profit on http://just-dice.com And that's how they get you :P making you think you have a chance of winning by showing off other peoples winnings without pointing out the odds to you. I admit, I've put in a fraction of a Bitcoin or two onto Bitmillions but that's about it, I know when to quit, gamblings okay if you do it for fun but if you genuinely believe you're going to make money off it you're fucked. Title: Re: dont gamble at dice games Post by: godkas on August 11, 2013, 12:39:12 PM While a casino will not tell you NOT to gamble. Play responsibly and most importantly have fun :)
Title: Re: dont gamble at dice games Post by: romsa9 on August 11, 2013, 03:57:59 PM I played satoshi dice, prime dice, and coindice each of those companies have larger bankrolls than you do, so they can play as long as you can, but you most likely would play until you lose... otherwise you would think you are not capitalizing on your potential. gambling at those games is a loser market. It is better to trade ltc to btc to alt coin and back. that is a better way to make money -- trading coins. I was inspired by this same exact observation to make a pure-skill bitcoin gaming site (www.bitstrat.com (http://www.bitstrat.com)). Gambling on chance games only ends in disappointment in the long-run. Title: Re: dont gamble at dice games Post by: jacktarli on August 11, 2013, 04:17:46 PM You can make money on these games but very little. If you have ever played before you would have noticed that the game lets you win at the start but if you keep playing you will lose everything, that's how they make their money. The key is to win at the start and then withdraw your coins before you start loosing big. When you withdraw don't use the same account again because the chances are that you will lose all. Instead make a new one and do the same thing.
This still does not guarantee that everything will always go as planned but it usually does, at least for me ;) Title: Re: dont gamble at dice games Post by: Birdy on August 11, 2013, 04:43:26 PM I played satoshi dice, prime dice, and coindice each of those companies have larger bankrolls than you do, so they can play as long as you can, but you most likely would play until you lose... otherwise you would think you are not capitalizing on your potential. gambling at those games is a loser market. It is better to trade ltc to btc to alt coin and back. that is a better way to make money -- trading coins. You are blaming gambling and then suggesting alt coin daytrading, which kinda is gambling. What to think of this? I will leave it up to you dear reader :) . Title: Re: dont gamble at dice games Post by: BitGlory on August 11, 2013, 05:02:42 PM Remeber that the first rule of successful gambling is to not gamble at all, or at least, is to gamble the money you are willing and can afford to lose I tried the first and I can assure that it works ;)Title: Re: dont gamble at dice games Post by: Mooshire on August 11, 2013, 05:48:44 PM If anyone wants to ignore the OP, Bitcoin Dice (http://bitcoindice.com) has many dice games listed ;) I lol'd Title: Re: dont gamble at dice games Post by: HollowIP on August 11, 2013, 05:54:33 PM "I can't gamble so you shouldn't either, instead do this other form of gambling."
I think most people that gamble are aware of the house edge and the idea that house always wins..overall. However, let people do what they want to. It's their money and their lives. Perhaps someone doesn't like the idea of trading shady alt coins. I don't care who you are, that's still a form of gambling, and i'm pretty damn sure that wagering 1btc for double profit and winning is a lot more profitable than trading alt coins. To each their own. Title: Re: dont gamble at dice games Post by: xanto on August 11, 2013, 06:12:56 PM Gambling is a recipe for disaster, I can confirm that after losing 16BTC on Just-Dice.
Title: Re: dont gamble at dice games Post by: Noogsy on August 11, 2013, 06:43:16 PM I can totally agree with that.
Lost quite a few coins before i quit it. Its like "I can't loose a 50% chance 5 times in a row... Ooh damn! Yes I can." And the precious coins are gone. Title: Re: dont gamble at dice games Post by: thy on August 11, 2013, 07:23:18 PM ur0pl, your advise is good of course to not gamble at dice sites(or any oher gambling sites at all for that matter). But if people want to gamble, a site with house edge of only 1% or so(like some dicegames have) is of course to prefer compared to landbased gamblin/casinos for example that might have houseedges of 5-10-20%.
Title: Re: dont gamble at dice games Post by: conradoo on August 11, 2013, 08:23:22 PM You can make money on these games but very little. If you have ever played before you would have noticed that the game lets you win at the start but if you keep playing you will lose everything, that's how they make their money. The key is to win at the start and then withdraw your coins before you start loosing big. When you withdraw don't use the same account again because the chances are that you will lose all. Instead make a new one and do the same thing. This still does not guarantee that everything will always go as planned but it usually does, at least for me ;) Sorry dude but it is bullshit. You just had luck. This is not how it works. Casino has an edge - few % for each game. For example in roulette green 0 is casino's edge. When enough players gamble statistically a casino will always win (in a long run) because of edge/rake. Title: Re: dont gamble at dice games Post by: alp on August 11, 2013, 08:37:42 PM I played satoshi dice, prime dice, and coindice each of those companies have larger bankrolls than you do, so they can play as long as you can, but you most likely would play until you lose... otherwise you would think you are not capitalizing on your potential. gambling at those games is a loser market. It is better to trade ltc to btc to alt coin and back. that is a better way to make money -- trading coins. HEY GAIS, DONT PLAY CRAPS, ITS FOR SUCKERS. INSTEAD, PLAY ROULETTE! Title: Re: dont gamble at dice games Post by: ur0pl on August 12, 2013, 08:47:12 AM Trading coins back and forth in exchanges is not gambling. Trading stocks is not gambling. Trading in forex is not gambling. People trade based on news/fundamentals or technicals/charts or both. They make informed decisions, not coin flip luck.
Title: Re: dont gamble at dice games Post by: ElectricCoin on August 12, 2013, 09:39:18 AM Does anyone plays dice game anymore? You will definitely lose! Otherwise how could they profit?
Title: Re: dont gamble at dice games Post by: faiza1990 on August 12, 2013, 11:24:28 AM I was inspired by this same exact observation to make a pure-skill bitcoin gaming site Gambling on chance games only ends in disappointment in the long-run. I totally agree with this all its not a game just lost :)
Title: Re: dont gamble at dice games Post by: jacktarli on August 12, 2013, 11:53:51 AM You can make money on these games but very little. If you have ever played before you would have noticed that the game lets you win at the start but if you keep playing you will lose everything, that's how they make their money. The key is to win at the start and then withdraw your coins before you start loosing big. When you withdraw don't use the same account again because the chances are that you will lose all. Instead make a new one and do the same thing. This still does not guarantee that everything will always go as planned but it usually does, at least for me ;) Sorry dude but it is bullshit. You just had luck. This is not how it works. Casino has an edge - few % for each game. For example in roulette green 0 is casino's edge. When enough players gamble statistically a casino will always win (in a long run) because of edge/rake. By letting you win at the start the make you think you CAN win. When you start loosing you will bet more and more in hope you will get your money back, but you will not. Point is run away with your winnings before you lose them. Title: Re: dont gamble at dice games Post by: jacktarli on August 12, 2013, 11:56:07 AM I played satoshi dice, prime dice, and coindice each of those companies have larger bankrolls than you do, so they can play as long as you can, but you most likely would play until you lose... otherwise you would think you are not capitalizing on your potential. gambling at those games is a loser market. It is better to trade ltc to btc to alt coin and back. that is a better way to make money -- trading coins. HEY GAIS, DONT PLAY CRAPS, ITS FOR SUCKERS. INSTEAD, PLAY ROULETTE! Title: Re: dont gamble at dice games Post by: jacktarli on August 12, 2013, 12:04:53 PM Trading coins back and forth in exchanges is not gambling. Trading stocks is not gambling. Trading in forex is not gambling. People trade based on news/fundamentals or technicals/charts or both. They make informed decisions, not coin flip luck. You are right. It is not gambling, I will tell you why.When I "PLAY" forex and I open a position I can close it whenever I want there is no time limit like in sports or other casino games. So when I decide to open a position (for example) EUR/USD the position can go into a minus(-) for a month. I can close it and make a loss. Or I can wait until it turns into a profit(+) close it and make money. If you want you can keep positions open for years until they turn into a profit(+) so there is really no way to loose if you have even a half a brain. If you don't know what a position is or don't understand forex and how it works please don't troll my post and use google to educate yourself a little :P Title: Re: dont gamble at dice games Post by: yogibear on August 12, 2013, 01:23:39 PM I never understood those dice games. you don't even see the dice being rolled. I think they are nothing but a scam.
Title: Re: dont gamble at dice games Post by: Birdy on August 12, 2013, 04:17:52 PM Quote Yes in the long run. If you would have read my post properly you would have noticed that I said to win at the start and get your coins out. A online casino will more than likely let you win at the start, this did not only happen to me with BTC casinos but also well knows casinos like Bet365 and 888 casino. Go play at one of these casinos and you will know what I am talking about. By letting you win at the start the make you think you CAN win. When you start loosing you will bet more and more in hope you will get your money back, but you will not. Point is run away with your winnings before you lose them. This is only true if the casino is betraying you. It will not work if the casino plays fair (and probably a lot of them do, because they still make tons of moneys with the house edge.) Title: Re: dont gamble at dice games Post by: Cyberdyne on August 13, 2013, 12:19:20 PM Does anyone plays dice game anymore? You will definitely lose! Otherwise how could they profit? They could profit from other people losing, and not you! Title: Re: dont gamble at dice games Post by: elor70 on August 13, 2013, 08:52:02 PM This is well none that gamblimg sites use a automatic bot that decides if you win or lose
Title: Re: dont gamble at dice games Post by: Hfleer on August 20, 2013, 04:41:46 AM I played satoshi dice, prime dice, and coindice each of those companies have larger bankrolls than you do, so they can play as long as you can, but you most likely would play until you lose... otherwise you would think you are not capitalizing on your potential. gambling at those games is a loser market. It is better to trade ltc to btc to alt coin and back. that is a better way to make money -- trading coins. If anyone's trying to make money at those dice games, they probably are trying to get the money right away. The edge is advertised plainly at most of them so they should now the odds are in the favor of the house even without the large bankroll. Title: Re: dont gamble at dice games Post by: b!z on August 20, 2013, 12:46:24 PM Just remember to get out while you're ahead. Don't get addicted.
Title: Re: dont gamble at dice games Post by: superresistant on August 20, 2013, 12:50:05 PM You don't gamble to earn an income. Gambling is a game, you just play. You pay for fun.
Title: Re: dont gamble at dice games Post by: frediiii on August 20, 2013, 12:52:24 PM Its like "I can't loose a 50% chance 5 times in a row... Ooh damn! Yes I can." 5 times? try 13 times... that evening sucked hard for me :) Title: Re: dont gamble at dice games Post by: b!z on August 20, 2013, 12:55:57 PM Its like "I can't loose a 50% chance 5 times in a row... Ooh damn! Yes I can." 5 times? try 13 times... that evening sucked hard for me :) i've had even worse losing streaks than that. it is very risky to gamble. Title: Re: dont gamble at dice games Post by: faiza1990 on August 20, 2013, 05:38:20 PM don't waste you money its just for fun and enjoy ;D
Title: Re: dont gamble at dice games Post by: lklk1986fa on August 20, 2013, 06:10:13 PM I am actually thinking about play once, you never doubt your luck :)
|