Bitcoin Forum

Economy => Gambling => Topic started by: dolphinpuke on January 02, 2015, 02:47:00 AM



Title: dice strategy
Post by: dolphinpuke on January 02, 2015, 02:47:00 AM
A lot of people say strategy is useless, and yes everything about dice is luck. But some people seem luckier than others. What is your go-to strategy?

Mine: I've rarely seen 1.1x payout go past 7 losses in a row. With a bankroll of .01111110 you could roll for awhile with 10 satoshi, martingale an increase on loss of 900% and maybe not bust. At a profit of 1 satoshi per bet it would take you awhille to get anywhere. You could scale it or even change the loss increase % for more variations of bust, I mean profits.. ahem.


Title: Re: dice strategy
Post by: Kluge on January 02, 2015, 02:56:05 AM
Pray to one god prior to each roll. If you win, roll again. When you've exhausted your list of gods, check your tallies to find which god gave the most winning rolls and pray exclusively to him.

Alternately, find out which religion has the highest rate of unpleasantness happening to its population and pray to its god(s). He's bound to pay out soon.


Title: Re: dice strategy
Post by: Josef27 on January 02, 2015, 03:01:16 AM
Sometimes I just go 2x with 100% increase on lose and back to bet on win.
And If I crazy enough I'll go 3x with 100% increase on lose and back to bet on win.

And then I'll request withdrawal because I know I'll lose it all later


Title: Re: dice strategy
Post by: bleeding2323 on January 02, 2015, 03:04:22 AM
when i dice i usually do 76% win chance which seems to work alot better than 66% but i switch from 66% to 76% and sometimes i get lucky!
dice is all luck with a system thats against you from the start!
you will rarely win playing dice!
but it is fun so play for enjoyment not profit  ;D


Title: Re: dice strategy
Post by: james.lent on January 02, 2015, 03:06:48 AM
A lot of people say strategy is useless, and yes everything about dice is luck. But some people seem luckier than others. What is your go-to strategy?

Mine: I've rarely seen 1.1x payout go past 7 losses in a row. With a bankroll of .01111110 you could roll for awhile with 10 satoshi, martingale an increase on loss of 900% and maybe not bust. At a profit of 1 satoshi per bet it would take you awhille to get anywhere. You could scale it or even change the loss increase % for more variations of bust, I mean profits.. ahem.

i think with 0.01111110 you can only accommodate 5 reds, which happens quite often . Well, it eventually will ..


Title: Re: dice strategy
Post by: geoffreyqp on January 02, 2015, 03:30:07 AM
best strategy. don't play. your welcome.


Title: Re: dice strategy
Post by: james.lent on January 02, 2015, 03:47:05 AM
best strategy. don't play. your welcome.

+1 best strategy .. just wait for the market price to go up


Title: Re: dice strategy
Post by: kolloh on January 02, 2015, 03:47:29 AM
There is no full proof strategy. You need some good luck to really win.


Title: Re: dice strategy
Post by: btcbulldog on January 02, 2015, 05:13:35 AM
best strategy. don't play. your welcome.

Agreed. You will always lose at dice in the long run... which is not always true for sports betting and poker.


Title: Re: dice strategy
Post by: stellar69 on January 02, 2015, 05:32:13 AM
A lot of people say strategy is useless, and yes everything about dice is luck. But some people seem luckier than others. What is your go-to strategy?

Mine: I've rarely seen 1.1x payout go past 7 losses in a row. With a bankroll of .01111110 you could roll for awhile with 10 satoshi, martingale an increase on loss of 900% and maybe not bust. At a profit of 1 satoshi per bet it would take you awhille to get anywhere. You could scale it or even change the loss increase % for more variations of bust, I mean profits.. ahem.
My strategy for dice 🎲 is to close your eyes, sing your favourite song. Open your eyes, do a max bet on 2x. Again close eyes. Tell god I love ❤ u and then go yolo.
You will win 🏆 in long run.


Title: Re: dice strategy
Post by: twister on January 02, 2015, 05:36:00 AM
best strategy. don't play. your welcome.

I am using this strategy now-a-days and it's working great! It's full proof and works 100%.
I started using this after the dicebitco.in incident happened and after that I realized I won't ever check nonce or whatever verification them sites have after every bet. So is best to not play at all then worry about whether or not it was fair. I still go in sometimes and test sites with leftover mBtcs but thats it.


Title: Re: dice strategy
Post by: panjul07 on January 02, 2015, 07:27:22 AM
almost use all strategies shared...
but unluckily none gave me significant profit.

Yes..gambling is all about luck, know when to start & when to stop.


Title: Re: dice strategy
Post by: noma on January 02, 2015, 07:58:46 AM
A lot of people say strategy is useless, and yes everything about dice is luck. But some people seem luckier than others. What is your go-to strategy?

Mine: I've rarely seen 1.1x payout go past 7 losses in a row. With a bankroll of .01111110 you could roll for awhile with 10 satoshi, martingale an increase on loss of 900% and maybe not bust. At a profit of 1 satoshi per bet it would take you awhille to get anywhere. You could scale it or even change the loss increase % for more variations of bust, I mean profits.. ahem.
The players who are profitable bet big in short time and leave. Just yesterday I saw a 40 bitcoin bet, and that was the only one bet put out.


Title: Re: dice strategy
Post by: TXWA on January 02, 2015, 08:01:11 AM
Another problem of dice (and any other casino game) is, even if you make a huge profit, you'll loose all your funds later cause people always think they could win more and more...
I saw users on Primedice who won over 22 BTC and lost everything a few minutes later - with negative profit.

My tip is just not to play dice games - especially not sums you can't afford to loose.


Title: Re: dice strategy
Post by: Josef27 on January 02, 2015, 08:26:23 AM
My tip is just not to play dice games - especially not sums you can't afford to loose.
What about just stop gambling after got enough winnings? It's lot more safer ::)


Title: Re: dice strategy
Post by: lastlove9091 on January 02, 2015, 08:39:15 AM
i think this is good strategy.. but the time to play and have profit it so long because it's only 1^ 10-6% your balance =))... calc that : 1s=1bet 60s*60'*24=86400bet :)) lol.. 86400 satoshies max per day :)..... waste time


Title: Re: dice strategy
Post by: LosVegas on January 02, 2015, 08:52:15 AM
not sure if there is one, if you find one let me know  :D


Title: Re: dice strategy
Post by: adaseb on January 02, 2015, 08:53:20 AM
Flip a coin and just guess. Honestly there is no strategy out there. You might get lucky or you might not.


Title: Re: dice strategy
Post by: noma on January 02, 2015, 09:01:08 AM
Actually there might be a few strategies, you want to play with. It might not guarantee a win , but depending on your bankroll you can be more aggressive in your betting .
If you have a small bankroll, then betting at a higher payout would be good . You can't really bet at 95% to win with only say 0.005 bankroll for long. However with 1 BTC that would work very well.
So you could adapt to the strat based on your Bankroll. But none of them guarantees a win.


Title: Re: dice strategy
Post by: choZin on January 02, 2015, 10:10:49 AM
probably more influential is luck from god  :)


Title: Re: dice strategy
Post by: mindrust on January 02, 2015, 10:21:37 AM
Now I am telling you all, the only way to win is;

Firstly, you will need a decent amount of money, if you want this to succeed.

Secondly, choose an honest dice casino with the maximum pay cap.

Now, Sit down and play until you see red(it may happen at first round), when you see red: only but only do 1 circle (4 rounds) of martingale. Nothing more. (you lose or you win, this is where luck kicks in.)

If you lose, do not ever gamble in your whole life again. It will make it worse.

If you win, it is the same. Remember this: The more you play, more you lose. You don't have infinite money to beat the casino which is the only way to clean up the casino. (assuming there is no max pay cap)


Title: Re: dice strategy
Post by: sandykho47 on January 02, 2015, 10:28:26 AM
Usually i use martingale for short term then all-in 2 times
Then withdraw  ;D

But, the risk is totally high  :(


Title: Re: dice strategy
Post by: Omikifuse on January 02, 2015, 03:55:39 PM
If you don't wanna lose then go faucet and 999x payout.

Sooner o later you win and get some mBTC for free


Title: Re: dice strategy
Post by: Unbelive on January 02, 2015, 04:49:06 PM
A lot of people say strategy is useless, and yes everything about dice is luck. But some people seem luckier than others. What is your go-to strategy?

Mine: I've rarely seen 1.1x payout go past 7 losses in a row. With a bankroll of .01111110 you could roll for awhile with 10 satoshi, martingale an increase on loss of 900% and maybe not bust. At a profit of 1 satoshi per bet it would take you awhille to get anywhere. You could scale it or even change the loss increase % for more variations of bust, I mean profits.. ahem.

As little bets as possible. max bet. hope for the best.


Title: Re: dice strategy
Post by: dolphinpuke on January 02, 2015, 10:40:48 PM
Thanks for the replies everybody. I have a lot of fun playing around with this stuff and it's cool to see what other people have toyed around with.


Title: Re: dice strategy
Post by: finlon on January 02, 2015, 11:19:09 PM
A lot of people say strategy is useless, and yes everything about dice is luck. But some people seem luckier than others. What is your go-to strategy?

Mine: I've rarely seen 1.1x payout go past 7 losses in a row. With a bankroll of .01111110 you could roll for awhile with 10 satoshi, martingale an increase on loss of 900% and maybe not bust. At a profit of 1 satoshi per bet it would take you awhille to get anywhere. You could scale it or even change the loss increase % for more variations of bust, I mean profits.. ahem.
For short term I just use martingale .It has been profitable till now. I start it after 5 losses.


Title: Re: dice strategy
Post by: darkmind on January 02, 2015, 11:52:13 PM
If you don't wanna lose then go faucet and 999x payout.

Sooner o later you win and get some mBTC for free

Sooner or later ? oh yeah, it can take months to hit 999x payout from faucets, better to use your time to do something much better


Title: Re: dice strategy
Post by: baumi on January 03, 2015, 01:57:43 AM
There are a lot of betting strategies which you can use. The core of this problem is based on reshape probability distribution - minimize the impact of loss.
This question is quite old and it was solved by the classical mathematicians as Jacob Bernoulli, Blaise Pascal and many more having familiar names.
It is interesting that origin of probability and statistical studies is in gambling itself. These mathematicians wish to solve gambling problems (especially focused on roulette and dice) and then their conclusions were generalized to common probability laws.
Did you know, that even the first woman programmer Ada Lovelace tried to build roulette betting system?

Among the most popular betting systems belongs Martingale, Labouchère and Fibonacci.

The most popular is Martingale. It works great but you have to have infinity bankroll to be unbeatable.

Labouchère (also know as split martingale) is less aggressive, thus more robust against loss. At first you specify the amount you want to win. Then you bet a proportion of your win goal until you loss your stake, when you start act as in Martingale system.

Fibonacci is based on familiar sequence 1, 1, 2, 3, 5, 8, 13..., where every subsequent element is sum of previous two ones. As in Martingale strategy you bet the same amount again and again until you loss when you increase your bet by factor of Fibonacci sequence element.

A little bit of my bias. I along with my colleagues were developed Dice game with implemented these betting strategies. You can try them, learn them and improve them.

For more information, please go to dedicated CoinXerox Dice thread (https://bitcointalk.org/index.php?topic=911761.0), or Dice game itself (http://coinxerox.com/dice) and then Botting section.


Title: Re: dice strategy
Post by: Vortex20000 on January 03, 2015, 02:31:12 AM
Strategy: stop dicing.


Title: Re: dice strategy
Post by: rz20 on January 03, 2015, 02:38:57 AM
There isn-t any strategy you will fail with everything, just play and when you are ahead stop playing


Title: Re: dice strategy
Post by: stellar69 on January 03, 2015, 05:13:14 AM
There isn-t any strategy you will fail with everything, just play and when you are ahead stop playing
How do I know that when I am ahead? Whenever I start playing I feel like I can go more ahead more and more ahead! If I can win once why cant i win a thousand time? That's my problem and I loose it all.


Title: Re: dice strategy
Post by: fox19891989 on January 03, 2015, 05:54:36 AM
If your luck is good, play 2X. If your luck is bad, don't play, just pray for your lucky tomorrow ;D


Title: Re: dice strategy
Post by: stellar69 on January 03, 2015, 05:59:41 AM
There are a lot of betting strategies which you can use. The core of this problem is based on reshape probability distribution - minimize the impact of loss.
This question is quite old and it was solved by the classical mathematicians as Jacob Bernoulli, Blaise Pascal and many more having familiar names.
It is interesting that origin of probability and statistical studies is in gambling itself. These mathematicians wish to solve gambling problems (especially focused on roulette and dice) and then their conclusions were generalized to common probability laws.
Did you know, that even the first woman programmer Ada Lovelace tried to build roulette betting system?

Among the most popular betting systems belongs Martingale, Labouchère and Fibonacci.

The most popular is Martingale. It works great but you have to have infinity bankroll to be unbeatable.

Labouchère (also know as split martingale) is less aggressive, thus more robust against loss. At first you specify the amount you want to win. Then you bet a proportion of your win goal until you loss your stake, when you start act as in Martingale system.

Fibonacci is based on familiar sequence 1, 1, 2, 3, 5, 8, 13..., where every subsequent element is sum of previous two ones. As in Martingale strategy you bet the same amount again and again until you loss when you increase your bet by factor of Fibonacci sequence element.

A little bit of my bias. I along with my colleagues were developed Dice game with implemented these betting strategies. You can try them, learn them and improve them.

For more information, please go to dedicated CoinXerox Dice thread (https://bitcointalk.org/index.php?topic=911761.0), or Dice game itself (http://coinxerox.com/dice) and then Botting section.
Labouchère is one of the system that I found was the best.

Just while searching for other systems I found out reverse Labouchère. Was just trying it out and made a 0.04BTC profit :P . Here is more info on reverse labouchere http://www.roulette-games.co.uk/strategy/Reverselabouchere-system.php


Title: Re: dice strategy
Post by: bitbaby on January 03, 2015, 11:07:43 AM
Here is a simple strategy that I use. Only gamble with the money you can afford to lose, and have fun with it. Gambling is not a job or a business for players, so don't always expect to win.  :)


Title: Re: dice strategy
Post by: baumi on January 03, 2015, 02:38:57 PM
There are a lot of betting strategies which you can use. The core of this problem is based on reshape probability distribution - minimize the impact of loss.
This question is quite old and it was solved by the classical mathematicians as Jacob Bernoulli, Blaise Pascal and many more having familiar names.
It is interesting that origin of probability and statistical studies is in gambling itself. These mathematicians wish to solve gambling problems (especially focused on roulette and dice) and then their conclusions were generalized to common probability laws.
Did you know, that even the first woman programmer Ada Lovelace tried to build roulette betting system?

Among the most popular betting systems belongs Martingale, Labouchère and Fibonacci.

The most popular is Martingale. It works great but you have to have infinity bankroll to be unbeatable.

Labouchère (also know as split martingale) is less aggressive, thus more robust against loss. At first you specify the amount you want to win. Then you bet a proportion of your win goal until you loss your stake, when you start act as in Martingale system.

Fibonacci is based on familiar sequence 1, 1, 2, 3, 5, 8, 13..., where every subsequent element is sum of previous two ones. As in Martingale strategy you bet the same amount again and again until you loss when you increase your bet by factor of Fibonacci sequence element.

A little bit of my bias. I along with my colleagues were developed Dice game with implemented these betting strategies. You can try them, learn them and improve them.

For more information, please go to dedicated CoinXerox Dice thread (https://bitcointalk.org/index.php?topic=911761.0), or Dice game itself (http://coinxerox.com/dice) and then Botting section.
Labouchère is one of the system that I found was the best.

Just while searching for other systems I found out reverse Labouchère. Was just trying it out and made a 0.04BTC profit :P . Here is more info on reverse labouchere http://www.roulette-games.co.uk/strategy/Reverselabouchere-system.php

Thank you stellar69 for your comment. Reverse Labouchère betting strategy was added among CoinXerox Dice (http://coinxerox.com/dice) bots.

Those who are interested in betting strategies should read the article which stellar69 posted here.