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Okay, so basically I made a dicebot for peerbet.org. The dicebot is opensource and available to the public.
The bot is fairly easy to use, but it is even easier to use if you have experience with the site and if you know how high the loss streaks actually get.
https://bitcointalk.org/index.php?topic=655454.msg7359948#msg7359948

I am familiar enough with the site that I can make a fairly good profit on it, BUT in order to make money, I need money.
Making money by using the dicebot is possible to do but in order to make a good amount I need a lot. (Around 1 btc can earn $30 worth of btc a day)

[1]If you wish to give me a loan, please pm me or message below and we can sort things out.
[2]If you do not believe me and think I am going to scam you, please pm me and maybe I can help you setup the dicebot on peerbet.org and you can test it out for a day or two. (Then maybe send me 1/2 the profit)?

NOTE: If you are to use this bot without my consent or help, please heed this warning. The normal percentage of dice rolling is 49.5%, highest loss streak rarely reaches 19 however a loss streak of 21 has been acquired once out of the millions of dicerolls tracked by my bot. (My bot rolls 1-3 rolls a second and many people use it, most 24/7) So, the data is accurate. It is wise to be rolling with a 22 max loss streak.

NOTE: I've got no collateral that I can give to you so please consider my second offer.

Just wanted to tell everyone of my personal experience that I had with my own bot...
I started with .2 btc today and managed to get up to 1 btc with my bot. It was really risky at times and I was surprised that I had gained that much.

However, using the bot also has it's downs and you need to know when to stop so that you can keep your earnings. I lost .9 btc not too long after having that high amount.

After that, I said to myself, "Well fuck it.", so i sent the remaining .1 btc to satoshimines.com to attempt to earn some money. That it'self was a ride, I did one mine setting, max bet each time and rode the corners all the way to 1 btc. Then I lost it, lost it all.

You can earn a lot using my bot, or you can lose it all. If you have some spare btc that you would like to invest in me, as a gamble. Then feel free to message me or post in the replies.
I'm not going to tell you that you WILL earn a lot, but I will tell you that there is a big chance that you will.

Lightlord please read everything I posted or don't critique... It isn't considered a loan if the money doesn't change hands. That is why I posted this second option.
[2]If you do not believe me and think I am going to scam you, please pm me and maybe I can help you setup the dicebot on peerbet.org and you can test it out for a day or two. (Then maybe send me 1/2 the profit)?

Are you willing to pay 1/2 the losses if it loses money?

If I were to be able to do that then I would have be botting myself...
But, if they follow my instructions then there is no way that they would loose.

You PMed me with this loan request.  How is there no way the gamblers would lose?  If this was the case, wouldn't everyone with 1 BTC (that was what this user requested from me) be doing this right now?  If they were easily making $30 a day...  What about those people with 100 bictons?   They would be making $3000 a day, easily, with no risk at all?

Also, in the loan request, you never told me what you would do if you lost my coins.

How about you test the bot for 1 hour, at a safe interval. And tell me if it works or not.

I'd be curious to see what "strategy" this bot uses.

I agree with monbux, I'm not sure your operation is profitable there. Otherwise everybody (including myself) would be doing that ATM.
Gambler's fallacy (http://en.wikipedia.org/wiki/Gambler_fallacy)

The bot has been widely tested and it is not really new... we have worked out all the bugs and made many additions to the code.
The fact of the matter is, noone believes that it works.

It uses martingale strategy, but you get to set everything. (% of increase, base bet, % to bid on, roll amnt, etc)

Can someone just try it and say something positive about it before saying that it probably doesn't work?

NOTE: I have tried it with my own money, here's what you do. Get 20 Dogecoin, bot 49.5%, 2x increase, and configure the starting bet to make the max loss streak 22.

I WILL FUND SOMEONE'S PEERBET ACCOUNT 20 DOGE IF THEY BOT AND REPORT BACK HOW IT'S GOOD.
Infact, here is the donators only version of the bot... (Even though you can just pay a Dogecoin sat to get it) http://www.mediafire.com/download/5aw8gaazaapcbg2/dicebotfast.jar

The reason no one believes that it works is that what you are suggesting defies mathematics. Unless you've somehow managed to prove probability theory incorrect (which will be massive) and I highly doubt that, the logical conclusion is that in the long term you WILL eventually lose. The only way a bot would ever have +EV would be in a game where the house has a negative edge, but there's a reason they don't do that...

why cant you start with .1 bitcoin and make the bot what its work and generate more ? why do you need a loan ?

I don't have .1 bitcoin nor the means of getting it... I have enough money, but it is all in my bank and I'm only 18.

If you pay for it all,  id be happy to test it out.

Make a peerbet.org account, bot at the settings i posted above and I will give you 20 doge.
Then post your results continuously...

Sure.  Gimme a few hours so i get home.

I got a 250$ meijer gift card... cash... and money in my bank.
If you have a lot of btc why don't you try the bot :P, even with .1...

Even so, can you do me the favor of botting with 20 Dogecoin if I give you it? I need some reviews from higher ranking people, with better reps.

That is impossible to make these claims.

Again you can't make that claim... math is against you in this.

It is math... are you saying the laws of statistics don't apply to your bot?

can you just shut the fuck up and try it for free and try to prove your point instead of bumping this thread every 10 minutes.

My point is the laws of statistic and probability so he really should be giving us hard numbers and proving to us, which he can't do. It is like a snake oil salesman.


Can you show us the math and prove it?

I guess you don't have the math to back up your claim, you can't say it wins more then it loses without the math to back it up.

I don't want to test it myself. I want you to prove it to me with math cause you can't make those claims just be cause you feel like it. Also if you knew the laws of statistics and probability you know these claims are impossible.

Just shut up. If you don't want to test it yourself then get off my post, quit spamming.

Deposited 1'000 Doge, been making a solid 10 doge every hour xD

1% every hour isn't bad.

Good :P, keep us updated on your four highest loss streaks and how many times you hit each... If you would be so kind.

I went crazy, deposited 2'000 and set bids to 0.004, lost 1K xD

I went from 10k to 50k in a small amount of time using that bot, then I also lost a lot being risky.
It's better to have larger balance, and smaller bets if you want to succeed fast.

michaeladair, what I can offer is not a loan but if you make a bot for http://Altdice.net and promote it like the Peerbet one, I can give you some coins.

Message me your offer :P, cause I have not done this for promotion and I like that idea.

STILL MAKING PROFIT!


@ 1107DOGE, started with 1090 around 3 hours ago.


Im trying to sort out a way to get this working on android, would be much easier.

#Winning :)

I am spamming cause I pointed out how math proved you wrong?

I never said it was impossible to loose anything, but if you test it out with safe variables you will see that you will earn more than you lose. Now delete those earlier posts, they are filling up my post and it's annoying. No one here cares for your opinion.

Do you understand any math and probability? And no I will not delete my truthful provable facts.

Fastbluff, right or wrong, SPAM is SPAM, not wanted... make your point, build a bridge and get over it... for the record, you would appear to have a conflict of interest, considering how you promote a dice game... maybe you don't (or can't afford) people to use bots on your site?

so did you get 140 posts by spamming? trying to build rep that way is a good way to get a bad rep.

When someone feels they need to keep repeating themselves, it detracts from their point, so fastbluff, I would suggest removing some posts as you look more like a spoiled brat.

...And yes I have used his bot v 1.4 and 1.5 and the times I lost big were when I was playing and did not comprehend the probability of long loss streaks and did not put in my stop level. Either way it is a gamble, and if it was not gambling it would be called 'a sure thing'. So if you are not greedy or impatient like a little child, then you will have a fairly high probability of coming out ahead. Yes it is all math and predictive analytics.

Over the years I have learned if you are in the right, go quiet, no one likes a boaster, if you are in the wrong go quiet, else you will look like a bigger fool than you do already.... would it not be nice if there was a lot more quiet?

How is it spam, cause I pointed out that math doesn't prove he is right? And all he does is curse at me instead of showing me the statistical math of probability to prove that his bot can make the money he saying it can, and I am spamming LMAO.

Also we can stay on topic and not talk about my site, it has no bearing on this thread, but the reason we don't have bots is because many users didn't request for it. We listen to our users in a lot of our decisions.

You are probably an sock puppet of michaeladair and you are now spamming.

If you are saying he is another account of mine then you might just be the most stupid person on this forum. I'll have you know I just asked for loans, wouldn't you think I would have used an account of mine with an actual Member status? Why don't you just slam your head in the door since you can't possibly get over the fact that I actually have people willing to back me up and a concussion will be the only way for you to realize that.

You are asking for a loan on a dice bot... I wouldn't be surprised if you used a sock puppet... Also I have mathematics backing me up, so I don't care if the world is backing you. You have not proven it with math, any high school math student can show the math proof, but I guess you missed that class ;)

Wow, I rest my case I will need to note, that 2 posts = SPAM...  (so what is 3 or 4 or more? <ponders>)

I got an email to say there was a reply and you are suggesting I am a sock puppet, maybe you work that way, I do not.

fastbluff, you have made your opinion known, so lay off the mud slinging, anything further now really discredits you... no one else needs to do anything as you are doing such a bang up job with it all by yourself.

I was obviously joking since you said I was spamming.

Also you two are the mud slingers, I just said I want to see the math, you guys are cursing and naming calling... that discredits you even more.

Eoungh with the giant quotes, leave this post.

Show me the math behind your bot that you think it is a winner most of the time, and I will leave and delete my post.

Just quoting so you don't change it.


And stop making the claims.

FastBluff please delete all the other previous posts now...

No, I said if you used math to prove me wrong I would. The post stay, to show what incompetent person you are.

You can keep the last one that quoted me, just delete the other crap.

Hey, this bot is great.  I let it run all last night with fairly safe variables.   bet was like 10 satoshi with auto increment checked, 2 times multiplayer.  45% odds and like .1 max bet.    I woke up and it did make the lose streak once but I came out .05 up which is not bad lol its better than some of my miners lol  I think its a great bot.  I am still looking for even safer variables but for now that works for me.

Yes it is all a numbers game, so make sure you are bank rolled well, as with any gambling it is called that for a reason.

Then again if it was proven to work the two things would happen, every man and his dog would get it and secondly the sites would realize their losses and ban the bots or place other restrictions on number of consecutive bets (like 999dice has).

I stick with DOGE as it is not such a big loss until I get to know the bot better.

I'm open for suggestions on improving the bot, any ideas?

I suppose it is ok, as people will also see he compared me to a sock puppet, people will see the true colours of a person from their posts (you can check what posts people have posted also here), although maybe the unrelated posts should be removed out of courtesy to other forum users, but unless a mod comes in, it would be voluntary.

So how about it? Removal of all posts not specifically about the OP? then we all play nicely?

So i've started to run the bot 24/7 since like 2 hours ago. I recommend running multiple instances, mine will run 24/7 on my VPS :P. I would highly recommend this bot to anyone.

Some screens

http://i.gyazo.com/d8219d395e73c20330c48307092d5d63.png

How about an auto increase or decrease on win? like you have for loss to use the multiplier.

Example...

Loss - use multiplier (eg 2) for the next be....
Win - increase or decrease the bet if desired (eg on win halve the bet instead of dropping to base bet)

Or some other little options along those lines.

Don't forget the donate button, I will be using it once I hit my target... :) it is the least I can do, ie donate some of the winnings (after all I benefit but did not create it)....

Didn't michaeledair say his bot was open-source?  If that's actually true I suppose that anyone who wants to can download the bot and see its math.

michaeledair, it's pretty obvious to anyone here who has any respect for their money that throwing it at your bot is not a wise thing to do.  you're not even willing to do it yourself, but you're trying to talk others into taking the risk that you're not willing to take.

basically, if you really thing your bot is a genius and can't lose, go ahead and prove it by using it yourself.  you say you don't have any starting capital but didn't you offer someone 20doge?  I don't know what that's worth these days but surely you can trade it for BTC.  Secondarily, if you can write code (you wrote a bot, right?) you can write code for a bounty campaign and make a little btc.  I recently did some css work that I found on this forum for .25BTC.  Thirdly, if you realy can't do any of that, you can put an ad in your signature space.  Eventually I believe you can get your capital and prove all of us wrong with your gambling bot using your own money.  Well, at least I believe you can get some money to try to prove us wrong.

Good luck!

Just set up my 3rd bot, gonna upgrade my VPS and set up another 3 :P

We already have that function, but it's a bit safer... it increases based on the amount of currency it takes to stay at the current max loss streak without going over.

It's open source... I code html, css, and java and I'm learning some more languages. Where did you find a css job for .25 btc (what forum section)??? Also, I'm willing to throw my money at my own bot the fact of the matter is, I have no way of buying btc myself. I got tons of money in my wallet and bank but I can't just throw that at the computer.

Can we expect any updates? Like some speed updates?


If you can upgrade the speed i would be very greatful, even make it a paid version, i wont mind as you've got something really good on your hands :P

Wow, missed that one first time round... when you say "you guys" please tell me you are not referring to me (as you appear to be) however I can not see how you could be, if you are referring to me as one of the "guys" "cursing and name calling" please provide the proof, you also stated earlier that you were spamming so my point was validated by your own statements.

There is a saying "Quit while you are behind", you know what that means? In case you have trouble with the terminology, it means quit before you get further behind.... and that goes for not just Fastbluff but to a couple of others also.

What version are you using?

1.5 is faster, send a donation and I am certain you will get a link....

xD


im using 1.5

There's a better version??? : " send a donation and I am certain you will get a link...."

V1.5 is free now + the speed is all it can be. It is your internet that makes it faster from now on, what other functions would you guys want to see? I'm out of ideas that will benefit you... and yes, you can expect updates if you ask for certain things :P

two things :

VPS Friendly Version (for 24/7 use) - all 3 of my bots crashed and refuse to work


Android version (for 24/7 use)

I might be able to work out the VPS friendly version, but I will need access to a vps... Do you have one I can use for testing purposes?

Sure, i'm just doing a fresh install ATM, i'll give you VNC access and you can do anything you want. You got a skype?

Yeah, michaeladair1996

Is this real life? Is this happening right now? What Universe did I got transposed into?! Nobody sees the hilarity of the situation?

What is your point?
If it's the fact that you can get the name armin22 from michaeladair, you are wrong. Because that is impossible.

Just keep an eye on the "Services" and "Project Development" boards.  If you can code, there's always work there to be done. Then you can put the risk yourself.  I don't think anyone is going to believe you and give you a loan to use your magic betting bot for them. I think they will either use it themself, or not.  But loaning you money to go gambling is something that very few people in the world have the priviledge to do (gamble with someone else's backing).  And I think those people are always card players, not dice throwing robots.

http://i.gyazo.com/7535be1691e20802da47142692b3cd0a.png

Opened at 01:30

Time now = 08:09

Time taken = 6 hours @ 38 mins.

Looks like estimate is accurate!

Or stock brokers...  :D

Fungal, how successful is your botting going?

Well I was silly for a bit and lost around 2k DOGE... but been more frugal over the last few days (close to a week) and have added a few hundred DOGE but clawing back up to nearly 900 DOGE now... got 9 bots on one PC running...

Also been playing with the BTC and lost 5k or so, but it did go up to well over 60k (satoshi) as I fiddled with the percentages to 40 or 45 depending on how I felt.

EDIT: Currently sitting with just over 870 DOGE and using a multiplier of 2.067 for a loss streak survival of 21 and auto incrementing (stopping after a while and upping the multiplier slightly, and dropping the bid).

Actually that would be a nice idea, instead of auto increasing the bid, increase the multiplier, as the multiplier makes a big difference with long loss streaks...

My settings have never lost me jack, always stay over 20 minimum loss streak!

http://i.gyazo.com/61f6386ab08ea9d74d432b9b07721641.png

Just wanted to tell everyone of my personal experience that I had with my own bot...
I started with .2 btc today and managed to get up to 1 btc with my bot. It was really risky at times and I was surprised that I had gained that much.

However, using the bot also has it's downs and you need to know when to stop so that you can keep your earnings. I lost .9 btc not too long after having that high amount.

After that, I said to myself, "Well fuck it.", so i sent the remaining .1 btc to satoshimines.com to attempt to earn some money. That it'self was a ride, I did one mine setting, max bet each time and rode the corners all the way to 1 btc. Then I lost it, lost it all.

You can earn a lot using my bot, or you can lose it all. If you have some spare btc that you would like to invest in me, as a gamble. Then feel free to message me or post in the replies.
I'm not going to tell you that you WILL earn a lot, but I will tell you that there is a big chance that you will.

Stop chatting with yourself dude, is making you look bad

It is a little off-topic from OP, but I have no reason to believe that he is chatting with himself, otherwise you could say my reply to you is chatting with myself as you are not communicating interactively.... ::)

I appreciate your honesty here.  It lends you some credibility, IMHO.  .2 -> 1.0 -> 0 is a pretty good ride.  If you do it again, I guess you gotta start cashing out half your winnings every hour or something.  Then don't let yourself gamble with that.

It was in some way risky, but at the same time not really... I learned a lot from that experience, the main thing I learned was how I am going to bot from now on.

I am going to be botting from now on 50%+ instead of below (92% is what I'm going to be using from here on), I will start my basebet as low as it can be, my max loss streak will need to be>= 6+, and my multiplier will be as high as it can be while getting me that max loss streak (Above 20x).

The reasoning behind this is that I will not be earning a lot of money by what the win's that I roll are, I will be winning by how many losses I get before that win. This way the chances of me loosing are very slim and the winnings depend on the loss streaks.

When I was botting last night I used this strategy and I was gaining about .01 btc every 40sec or so... however, the way I had it setup was so my max loss streak was only 3. When I hit the streak of 4 I got fucked over, big time. NOTE: I was doing 100x multiplier on it, barely earned shit on a one loss streak, but on a three I'd earn .02 btc.

The dicebot has a losing and winning streak tracker for that reason, + the percent chance of missing the 92% is 8%, then it goes down from there, really fast...

What goes down from there pretty fast? The precentage of winning or loosing?

Anything with a house edge will lose. Only way you will win in the long run is Sports Betting or Poker. Dont think a simple 2x with 100%increase on loss will make you any money. You will either bust, or make so little profit it won't be worth it. There are plenty of other systems that work way better than that for quick profits in the short run. If you want to make some money, learn and study baseball betting. Way better odds on winning. I gave up on dice besides the faucets, way too unpredictable. There are dozens of ways to easily make profits on baseball, even if you martingale.

You say you have money in the bank and plenty of cash, but you can't buy btc? why not? there are plenty of sellers on localbitcoins that will do in-person cash trades or will accept bank/bank wire transfers.