Bitcoin Forum

Do you use a particular strategy while playing dice? or do you use multiple ones?

What is your favourite strategy?

Have you lost your money because of it?

Do you think it is actually a waste of time?

Share your opinions here:

I tried to martingale on dice.ninja:

https://dl.dropboxusercontent.com/spa/f0lmlb6l9q465kn/cthdmmy8.png

only got two successes in before the fail. However, my martingale is not over, I'm just waiting till my site generates me 16 BTC in profit before I continue. I'll let you know how it goes...

I hate martingale because i lost all my bitcoins i had because of it. I had to start from scratch again.
I now use a mix of reverse martingale and other strategies. I don't use autobet currently.  :)


16BTC in profit? Wow! Do you use martingale for that too?

i tried dice.ninja with 11 bets. 10 losses and 1 win

http://i.gyazo.com/8a8319c8c5488304bd2398b9b3a1596f.png

Then i played again. it is ok now

I use martingale with 1/32th or 1/64th of the wallet balance as base Bet :D

I have best strategy, I invest into bankroll and wait people with "winning" strategies lose their money.

As you may already now, you should be able to cover around 20 losses in a row. Otherwise, you may just end up losing everything.



That is a winning strategy. A good one.

I will keep that in mind.   ;D

ahh! Best strategy indeed :D :P

Well i heard yelling female genetalia names while rolling attracts greens. Other than that, i got nothing

Never tried that. Will try it next time.  ;)

I like play with 1,1 payout
i know that was risky
so lose about BTC 0.1  :(

Basically every dice "strategy" is martingale, or a variation of martingale. Each roll is independent from the other, and each roll loses you 1% of the amount you wager over time. Your expected outcome is negative.

If for example there was an edge in the players favour, you could still bust martingaling whereas you would probably never bust flat betting over enough time.

If a strategy worked nobody would invest. Some people get lucky but in the long run they all lose.

Is there any thread with all strategies in one place?

There isn't a strategy that wins more. Its just short term profits. It also depends on what your bankroll is.

My strategy I just follow my instinct. And be sure before you bet that the site is provably fair. Even sites that advertise as provably fair  can still cheat you if you did not change your secret key every roll.

Martingale is useless in dice games.
Sure you can win now but you will end up giving all your btc eventually.
There will be times where you will lose many times in a row and you will run out of capital or hit the maximum wager limit

It's simple. Just do as few bets as you possibly can. The fewer bets you do, will increase your chance of profiting.

Because of house edge will not let you win for more bets

https://bitcointalk.org/index.php?topic=855394.msg9589574#msg9589574

My strategy is simple: Set a stop-loss target and a stop-gain target before playing and stop immediately when I hit the target.
It won't help me beat the house, but it guarantee I won't lose more than I should.

I don't gamble much, but my favourite strategy is betting at around x1.11 and increasing stake x10 on loss. More time efficient than traditional martingale, since ~90% are the winnig bets.

Highest losing streak I've experienced so far is 5.

the best winning strategy to to play for the goal of entertainment so no matter if you win or lose your btc while gambling you will have gained your original goal...

There is no winning strategy. The house edge always keeps the casinos bankroll safe in their own hands ;)

There are plenty of people who have won big. The usual 1% is not that much of advantage. The biggest problem of big winners is they keep coming back for more...

Yes, but that's a lucky % percentage who win more, just like some people lose 50% or more to the house people can also win. It's call variance - there is no strategy that works out in the long run though just get the fk out of there when you have enough :)

Martingale can work, just don't martingale with a large bet.

also has anybody had luck with x9900?

I am pretty sure that you were part of a scam with a fake gambling site LOL (I remember reading a scam accusation against you - and you didn't actually invest in any site's bankroll haha)

On average they will end up loosing over the long run. People who have won big tend to have not played for very long and happened to have a early lucky streak. If they continue to play with similar amounts or withdraw and come back and play with similar sized bets then they would tend to lose over the longer run.

Generally speaking if you want to have a good chance of winning you will need to win early on, however there are many exceptions to this rule ;)

Strategy? Yes. Click on bet high/low a few times and see where it goes, or leave autobot running for hours :D


Haha, indeed, this is the best strategy and the one I use the most!

i dont think there is a good strategy, since its based on risk.

I always end up losing my account balance on casino sites. But I have a positive income trend in Sports bet till now.

the strategy is to bet what you can lose or afford to lose

exactly, always bet thinkin you will lose it and u will never feel sorrow

The best strategy is to take all the money you're going to bet and make one bet with it. This is the best odds you'll get.

There're always limitations on the max bet.

yeah there is, but just gamble what you can afford  ;)

I doubt  you'll be betting tens of thousands of dollars at once which is the area most max bets are in for most of the big sites I believe.

This is kind of like putting all your eggs in one basket. No matter what the odds you are using with your roll there is a chance that you will lose your bet, and if this happens it would not be possible to make up for your "bad luck". It would also prevent you from being able to enjoy gambling for a longer amount of time

I often use martingale trick  ;D
But, if i use faucet, because martingale trick is risky for long run

OR gamble my money at once  :)

If your aim is to make/lose big money then that might work. But if your aim is to have fun gambling, then you need to do other things and try different strategies.

There is no working strategy for you to overcome the house edge in dice as every roll are independent to each other.

To be honest, I believed that was the case for a very long time, until I have discussed the matter with doog in this post (https://bitcointalk.org/index.php?topic=639787.msg7176968#msg7176968) and this post (https://bitcointalk.org/index.php?topic=639787.msg7178496#msg7178496).

I'm not sure if its really a strategy or just a preference
But I like playing with a 12X setting
If I win try a 12X again then switch to a 2X for a while

Not sure if its that much of a different strategy though but it works for me at times.

i think that martingale does not work  ;)
sooner or later you will lose all  your money

Of course it doesn't work, or every dice sites will go bankrupt and will be forced to shut down. ;D

Exactly, just like in primedice's 2.0 autobet features which were removed in 3.0

No strategy works in gambling it all depends on luck.

little strategy , more lucky, and controlled greedy .. that's all

Depends on the game you play. Poker and BJ involve some skills, but dice and roulette involve only luck.

1.5 x bet... win 2mil.. but lose 10mil.. lol

999dice got a +1000 btc profit only 1years ... damn

I usually play on multiple methods.

I play on 99x on primedice, I play on 66%, and I play on 90%

I've won several times on 99x, I have my method to it :P

Well, thats not exactly a strategy, but its about the chance you are betting at. What strategy do you use is the question here  :)

For a limited time, the players have an edge on Direct Dice (http://www.directbet.eu/Event.cshtml?EventID=777) and can profit from it.

Direct Dice is the ONLY dice game where you can actually profit in the long term and I will explain to you why :

Direct Dice built-in house edge is just 0.99%, but it has a unique VIP Rewards Program where frequent bettors earn all of it back, regardless of whether the bets won or lost.

Direct Dice also features 10 BTC Jackpot, on the house.

While betting with no house edge you are freerolling on the jackpot !

http://www.DirectBet.eu/Event.cshtml?EventID=777



╔══════════════════════════════════════════════════════════════════════════════════════════════════╗
  ☞ DirectDice   ►► No House Edge for Frequent Bettors ►► 10BTC Jackpot ►► Bitcoin, Litecoin & Dogecoin ►► Instant Auto Payouts ►►  (http://www.directbet.eu)BITCOINTALK THREAD (https://bitcointalk.org/index.php?topic=743577.0)
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What exactly do you mean by that for a limited time gamblers have an edge?

If that all works out to be true then that's pretty cool. I don't see how you can get different odds though when you're betting to receive the same amount. For example, if you want to get to the number 5 from 2, no matter what way you got there you'd always have to arrive exactly on 5, and changing the multiplication even the slightest would make it below or over 5. I've never had to figure out the math because the places I bet don't even come close to going down to those decimal spots when they let you pick odds. I think cryptocurrency is the only place this could ever happen, everywhere else it would be a huge hassle.

For a limited time frequent bettors have an edge, because they earn back all the built-in house edge (0.99%) and are actually freerolling on the 10 BTC jackpot.

This is explained in more details in Direct Dice thread : https://bitcointalk.org/index.php?topic=743577.0

What it means is that if you bet frequently, you can play for fun without losing in the long run and if you get lucky you can win the jackpot.

╔══════════════════════════════════════════════════════════════════════════════════════════════════╗
  ☞ DirectDice   ►► No House Edge for Frequent Bettors ►► 10BTC Jackpot ►► Bitcoin, Litecoin & Dogecoin ►► Instant Auto Payouts ►►  (http://www.directbet.eu)BITCOINTALK THREAD (https://bitcointalk.org/index.php?topic=743577.0)
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I have tried many types of strategies, but it is obvously a matter of luck
which is true is that you have to have a good amount of bitcoin you can afford to lose if you want to recover from losses

Apsolutely, no matter what stratery you use, if you do not use it carefully, you will end up losing everything.

Yes. I agree that much. But there is no perfect strategy. You should know the timing to play. Always keep playing on winning stage. And stop when it seems you are on losing.

\

I agree you have to go for the big wins to ever  walk away a winner 999x 99x my normal is either 5x or 10x but goiing for the big wins is only way to win big

There is no secret. The edge is on the house.

I would invest my BTC in many of these Dice sites but the chance of them getting hacked is not worth the small gains.

And even when you get a small gain, how do you think these gambling sites get theyr income? Right, by letting people lose.
And even when they win something, big chance they will gamble the amount won. It is all about money and nothing is fair in this game.

just went with 66% win chance with 200% increase on loss martingaling and got up high, its all luck though.

cant find a good strategy

every is a loss for me ;(

Yes, it is.

The only way to get a profit from the dice/roulette strategy is to scam someone into buying it from you.

well best strategy if you have to play if having a small amount of bets, more you play the more the odds catch up with you.

all in ? why not :D
learning the patern
too risky but yeaahh i like that

I lost every deposit I made on PD.
I used autobet.
I even rolled only 100 bits for 1000 rolls and still I lost everything.
Can you imagine that?

Yes

Now up to 18.5 BTC in just over 1 Day.

Thread about it here: https://bitcointalk.org/index.php?topic=873818.0

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