Bitcoin Forum

Economy => Gambling => Topic started by: angeloanggam on November 17, 2014, 10:20:29 AM



Title: Autobets
Post by: angeloanggam on November 17, 2014, 10:20:29 AM
How useful are autobets/autorolls in playing dice?

Does it make a difference?


Title: Re: Autobets
Post by: ComboChris on November 17, 2014, 10:36:42 AM
How useful are autobets/autorolls in playing dice?

Does it make a difference?
It's a lot more convenient if you wanna play a certain tactic and don't wanna be forced to spamclick


Title: Re: Autobets
Post by: rammy2k2 on November 17, 2014, 10:47:35 AM
if u have a well set plan/tactic , it's a good strategy if u aint home :)


Title: Re: Autobets
Post by: guzazaza on November 17, 2014, 10:49:09 AM
if u have a well set plan/tactic , it's a good strategy if u aint home :)

Where is the best autobet you knew sir?


Title: Re: Autobets
Post by: BAGOBO on November 17, 2014, 11:10:14 AM
How useful are autobets/autorolls in playing dice?

Does it make a difference?

It depends on what the gambler prefer

For example :
If you want to roll with 9900x payout
It's very small chance that you'll hit the payout

I'm sure you'll had spam click overtime

Then auto roll is the best option  :)


Title: Re: Autobets
Post by: unamis76 on November 17, 2014, 12:36:16 PM
autobet is useful when you're simply tired and just want some rolls while not even looking at the screen :D


Title: Re: Autobets
Post by: Jamie_Boulder on November 17, 2014, 12:56:17 PM
I think it's essential these days in dice gambling, why pay attention to something when you can chuck a tv show on and do both?


Title: Re: Autobets
Post by: Jybrael on November 17, 2014, 12:57:22 PM
Its become a great part of the online community. You can set up the auto bet system the way you want it to be and then go do something else. Makes it much more convenient.


Title: Re: Autobets
Post by: pooya87 on November 17, 2014, 06:14:54 PM
it is so useful since you can do something else while your browser automaticly places the bets for you and also you don't have to spam click


Title: Re: Autobets
Post by: cheekychap on November 17, 2014, 06:59:04 PM
How useful are autobets/autorolls in playing dice?

Does it make a difference?

People use autobets and automatic betting mostly for using strategies while gambling at dice.


Title: Re: Autobets
Post by: B4RF on November 17, 2014, 07:33:47 PM
it is so useful since you can do something else while your browser automaticly places the bets for you and also you don't have to spam click

it is so useful since you can do something else while your browser automaticly places the bets for you and loses everything after quite a while.

That's how the house edge works  :P


Title: Re: Autobets
Post by: erre on November 17, 2014, 07:34:51 PM
It makes u lose your money faster..


Title: Re: Autobets
Post by: 2dogs on November 18, 2014, 07:33:32 AM
I guess if you have a winning system that works with it, use it.
Never successful for me, though.


Title: Re: Autobets
Post by: finnile on November 18, 2014, 07:56:21 AM
How useful are autobets/autorolls in playing dice?

Does it make a difference?
Some strategies involve, betting at say 10% till you get aound 5 losses, and martingaling after that. However 5 losses in a row, happen rarely and might take upto 100,000 rolls. Autobet, can let you make those bets fast and without having to press the button, and stop betting after 5 losses. I then usually, continue with a martingale after that.


Title: Re: Autobets
Post by: rivoke on November 19, 2014, 09:19:49 AM
You will lose anyways.


Title: Re: Autobets
Post by: JoelKatz on November 19, 2014, 09:28:59 AM
A sanely-implemented system should permit you to set the odds and returns of the available bets, the betting limits, the amount you are willing to lose, and the amount you would like to win. It should report to you your odds of winning. It should then make it easy to execute the computed strategy. And once you win, you are done. If it makes it easy to repeat the strategy, it is fundamentally broken and likely made by someone who doesn't understand the entire point of betting strategies.


Title: Re: Autobets
Post by: rogerdonkey on November 19, 2014, 09:40:20 AM
if u use autobets when u play dice, of course u lost ur money ;)


Title: Re: Autobets
Post by: altcoinlady on November 19, 2014, 09:43:26 AM
if u use autobets when u play dice, of course u lost ur money ;)

What? Do you know what your talking about?


Title: Re: Autobets
Post by: rogerdonkey on November 19, 2014, 09:48:56 AM
if u use autobets when u play dice, of course u lost ur money ;)

What? Do you know what your talking about?


yeah, because im always lose when i play dice and use autobets.


Title: Re: Autobets
Post by: erre on November 20, 2014, 09:37:43 PM
A sanely-implemented system should permit you to set the odds and returns of the available bets, the betting limits, the amount you are willing to lose, and the amount you would like to win. It should report to you your odds of winning. It should then make it easy to execute the computed strategy. And once you win, you are done. If it makes it easy to repeat the strategy, it is fundamentally broken and likely made by someone who doesn't understand the entire point of betting strategies.

A system like this would basically show you that autobet is useless, every strategy is the same, and you should probably place a single bet with the profit you're aiming at.


Title: Re: Autobets
Post by: JoelKatz on November 20, 2014, 10:37:09 PM
A system like this would basically show you that autobet is useless, every strategy is the same, and you should probably place a single bet with the profit you're aiming at.
Not so. Some systems provide a very low probability of losing and a very high probability of winning.

Betting systems let you choose between this:

You have a one in a million chance of winning $700,000, otherwise you lose $1.

And this:

You have a one in a million chance of losing $1,300,000, otherwise you win $1.

That is, they adjust the odds of winning, the odds of losing, the amount you win, and the amount you lose. Typical progressive betting systems provide a very low probability that you will lose. In compensation, the amount you can win is very small relative to the amount you can lose.



Title: Re: Autobets
Post by: krishatnet on November 21, 2014, 04:59:40 AM
I have seen many people using auto bet option I think they have some good strategies to win the game. I don't use auto bet option.


Title: Re: Autobets
Post by: SF-Man on November 21, 2014, 06:24:39 AM
I have seen many people using auto bet option I think they have some good strategies to win the game. I don't use auto bet option.

Aside from using them, some people also make their own bots.


Title: Re: Autobets
Post by: erre on November 21, 2014, 04:55:28 PM
A system like this would basically show you that autobet is useless, every strategy is the same, and you should probably place a single bet with the profit you're aiming at.
Not so. Some systems provide a very low probability of losing and a very high probability of winning.

Betting systems let you choose between this:

You have a one in a million chance of winning $700,000, otherwise you lose $1.

And this:

You have a one in a million chance of losing $1,300,000, otherwise you win $1.

That is, they adjust the odds of winning, the odds of losing, the amount you win, and the amount you lose. Typical progressive betting systems provide a very low probability that you will lose. In compensation, the amount you can win is very small relative to the amount you can lose.



In wich way this is different than betting $1 with 1/700000 chanche of winning, or betting 1300000 with 99.999... % chanche?


Title: Re: Autobets
Post by: JoelKatz on November 21, 2014, 05:43:57 PM
In wich way this is different than betting $1 with 1/700000 chanche of winning, or betting 1300000 with 99.999... % chanche?
Typically you're not offered those options. If you are, then there's no point in using a betting system.


Title: Re: Autobets
Post by: El Emperador on November 21, 2014, 05:49:21 PM
How useful are autobets/autorolls in playing dice?

Does it make a difference?

No, there isn't a real difference, so you could use autorolls to avoid wasting time yourself  ;)


Title: Re: Autobets
Post by: kashish948 on November 21, 2014, 06:10:40 PM
no matter what you do, the house edge remains the same. you CANNOT do anything to change this! you WILL LOSE in the long run.


Title: Re: Autobets
Post by: erre on November 21, 2014, 06:11:18 PM
Yep, exactly what I was meaning: autobet are useless, we only need more customizable odds


Title: Re: Autobets
Post by: JoelKatz on November 22, 2014, 12:20:50 AM
no matter what you do, the house edge remains the same. you CANNOT do anything to change this!
Absolutely true.

Quote
you WILL LOSE in the long run.
Absolutely false. You can make this highly unlikely with betting systems. The vast majority of people who use a betting system correctly will win.

These are not incompatible. Imagine a system where you have a 99% chance of winning $1 and a 1% chance of losing $200 and the total number of bets required is always less than 100. The house certainly has a huge edge. But the vast majority of people who use this system will win. And there can never be a "long run" because the total number of bets required by the system is always less than 100.


Title: Re: Autobets
Post by: Nerazzura on November 24, 2014, 01:24:49 PM
I have seen many people using auto bet option I think they have some good strategies to win the game. I don't use auto bet option.
it's true. if you find a method to auto script then it is only valid for a period of 2 days, after which it will not work.
safer to manually bet


Title: Re: Autobets
Post by: mllenios on November 24, 2014, 01:36:54 PM
I have seen many people using auto bet option I think they have some good strategies to win the game. I don't use auto bet option.
it's true. if you find a method to auto script then it is only valid for a period of 2 days, after which it will not work.
safer to manually bet

Fuck it.

PD autobet option sucks.



Title: Re: Autobets
Post by: noel57 on November 24, 2014, 02:51:48 PM
It will roll your dice for you even while you are sleeping  :D :D


Title: Re: Autobets
Post by: yenzae0215 on November 24, 2014, 03:02:18 PM
auto bets doesnt make difference its just for lazy people like me  :D


Title: Re: Autobets
Post by: Criterion on November 24, 2014, 03:03:17 PM
no matter what you do, the house edge remains the same. you CANNOT do anything to change this!
Absolutely true.

Quote
you WILL LOSE in the long run.
Absolutely false. You can make this highly unlikely with betting systems. The vast majority of people who use a betting system correctly will win.

These are not incompatible. Imagine a system where you have a 99% chance of winning $1 and a 1% chance of losing $200 and the total number of bets required is always less than 100. The house certainly has a huge edge. But the vast majority of people who use this system will win. And there can never be a "long run" because the total number of bets required by the system is always less than 100.


The majority will win, yet some will lose big. If anything autobetting is in the hosts favour.


Title: Re: Autobets
Post by: adaseb on November 24, 2014, 03:39:28 PM
I doubt it. When time -> infinity the house will always win. Its something gambling sites have to make you think you are winning.


Title: Re: Autobets
Post by: freedomno1 on November 24, 2014, 11:04:48 PM
How useful are autobets/autorolls in playing dice?

Does it make a difference?

In my opinion manual works better but its a lot slower
Might just be because your playing sides
That said bots are a lot faster so easier to process


Title: Re: Autobets
Post by: mezmerizer9 on November 25, 2014, 12:24:06 AM
How useful are autobets/autorolls in playing dice?

Does it make a difference?

Yes, you can lose all your money doing nothing. Avoid those bots and things like that, you won't do anything better with them.


Title: Re: Autobets
Post by: Omikifuse on November 25, 2014, 12:35:17 AM
On PD autobet is good to reach certain achievements.

In general is good to try martingale or other strategies


Title: Re: Autobets
Post by: mezmerizer9 on November 25, 2014, 12:55:05 AM
On PD autobet is good to reach certain achievements.

In general is good to try martingale or other strategies

It's good to use them if you KNOW how to use them. Most people run the bot and go to fb and lose everything of course.


Title: Re: Autobets
Post by: kashish948 on November 25, 2014, 05:01:00 AM
no matter what you do, the house edge remains the same. you CANNOT do anything to change this!
Absolutely true.

Quote
you WILL LOSE in the long run.
Absolutely false. You can make this highly unlikely with betting systems. The vast majority of people who use a betting system correctly will win.

These are not incompatible. Imagine a system where you have a 99% chance of winning $1 and a 1% chance of losing $200 and the total number of bets required is always less than 100. The house certainly has a huge edge. But the vast majority of people who use this system will win. And there can never be a "long run" because the total number of bets required by the system is always less than 100.



The bold part says it all. If the house has an edge, YOU WILL LOSE whatever betting system you use. Vast majority (99 out of 100) will win negligible amounts (1$) and 1 person will lose a big amount (200$). This will give the house a profit of 100$. Who loses this? The players. When this thing is repeated a 100 times (long run), everybody will lose (100$ each) and the house will win 10,000$ mathematically.

So yes, if there is a house edge YOU WILL EVENTUALLY LOSE.


Title: Re: Autobets
Post by: noma on November 25, 2014, 05:16:26 AM
On PD autobet is good to reach certain achievements.

In general is good to try martingale or other strategies

It's good to use them if you KNOW how to use them. Most people run the bot and go to fb and lose everything of course.

Thats not what most people do. Bots also take away the fun of gambling, so I think most people to it manually.


Title: Re: Autobets
Post by: Omikifuse on November 25, 2014, 05:18:57 AM
no matter what you do, the house edge remains the same. you CANNOT do anything to change this!
Absolutely true.

Quote
you WILL LOSE in the long run.
Absolutely false. You can make this highly unlikely with betting systems. The vast majority of people who use a betting system correctly will win.

These are not incompatible. Imagine a system where you have a 99% chance of winning $1 and a 1% chance of losing $200 and the total number of bets required is always less than 100. The house certainly has a huge edge. But the vast majority of people who use this system will win. And there can never be a "long run" because the total number of bets required by the system is always less than 100.



The bold part says it all. If the house has an edge, YOU WILL LOSE whatever betting system you use. Vast majority (99 out of 100) will win negligible amounts (1$) and 1 person will lose a big amount (200$). This will give the house a profit of 100$. Who loses this? The players. When this thing is repeated a 100 times (long run), everybody will lose (100$ each) and the house will win 10,000$ mathematically.

So yes, if there is a house edge YOU WILL EVENTUALLY LOSE.

That is what I always say.

Sooner or later you will end up in the $200 loss group, and I guess before you can win more than 200 times $1


Title: Re: Autobets
Post by: kashish948 on November 26, 2014, 04:21:02 AM
no matter what you do, the house edge remains the same. you CANNOT do anything to change this!
Absolutely true.

Quote
you WILL LOSE in the long run.
Absolutely false. You can make this highly unlikely with betting systems. The vast majority of people who use a betting system correctly will win.

These are not incompatible. Imagine a system where you have a 99% chance of winning $1 and a 1% chance of losing $200 and the total number of bets required is always less than 100. The house certainly has a huge edge. But the vast majority of people who use this system will win. And there can never be a "long run" because the total number of bets required by the system is always less than 100.



The bold part says it all. If the house has an edge, YOU WILL LOSE whatever betting system you use. Vast majority (99 out of 100) will win negligible amounts (1$) and 1 person will lose a big amount (200$). This will give the house a profit of 100$. Who loses this? The players. When this thing is repeated a 100 times (long run), everybody will lose (100$ each) and the house will win 10,000$ mathematically.

So yes, if there is a house edge YOU WILL EVENTUALLY LOSE.

That is what I always say.

Sooner or later you will end up in the $200 loss group, and I guess before you can win more than 200 times $1

Yes mathematically you will lose once every 100 games/bets.


Title: Re: Autobets
Post by: SueGiant on November 26, 2014, 04:23:07 AM
no matter what you do, the house edge remains the same. you CANNOT do anything to change this!
Absolutely true.

Quote
you WILL LOSE in the long run.
Absolutely false. You can make this highly unlikely with betting systems. The vast majority of people who use a betting system correctly will win.

These are not incompatible. Imagine a system where you have a 99% chance of winning $1 and a 1% chance of losing $200 and the total number of bets required is always less than 100. The house certainly has a huge edge. But the vast majority of people who use this system will win. And there can never be a "long run" because the total number of bets required by the system is always less than 100.



The bold part says it all. If the house has an edge, YOU WILL LOSE whatever betting system you use. Vast majority (99 out of 100) will win negligible amounts (1$) and 1 person will lose a big amount (200$). This will give the house a profit of 100$. Who loses this? The players. When this thing is repeated a 100 times (long run), everybody will lose (100$ each) and the house will win 10,000$ mathematically.

So yes, if there is a house edge YOU WILL EVENTUALLY LOSE.

That is what I always say.

Sooner or later you will end up in the $200 loss group, and I guess before you can win more than 200 times $1

Yes mathematically you will lose once every 100 games/bets.

PD sucks

Deposited a million times.

No winnings.

Always lose.


Title: Re: Autobets
Post by: CryptoDigitals on November 26, 2014, 06:56:18 AM
Winning is possible for sure. See this post:

https://bitcointalk.org/index.php?topic=873818.msg9658969#msg9658969

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CD


Title: Re: Autobets
Post by: JoelKatz on November 27, 2014, 10:10:28 AM
The bold part says it all. If the house has an edge, YOU WILL LOSE whatever betting system you use. Vast majority (99 out of 100) will win negligible amounts (1$) and 1 person will lose a big amount (200$). This will give the house a profit of 100$. Who loses this? The players. When this thing is repeated a 100 times (long run), everybody will lose (100$ each) and the house will win 10,000$ mathematically.

So yes, if there is a house edge YOU WILL EVENTUALLY LOSE.
If you want to say that the expected outcome is a loss, that's certainly correct. But it's incorrect to argue that everybody loses in the long run. If you don't see why, apply your same argument to a lottery. Certainly there's a house edge. But it is manifestly false to claim that everyone loses in the long run. The house cannot force you to play if you don't want to. In your example of 100 people, if those 100 people all choose not to play anymore, then 99 out of 100 people have won -- even in the long run since none of them are betting any more.


Title: Re: Autobets
Post by: ubitcoin on March 05, 2015, 11:09:50 AM
Ya its great for the players who want to make more at once as well as to lose at a once lol  :P


Title: Re: Autobets
Post by: Amph on March 05, 2015, 11:34:14 AM
no matter what you do, the house edge remains the same. you CANNOT do anything to change this!
Absolutely true.

Quote
you WILL LOSE in the long run.
Absolutely false. You can make this highly unlikely with betting systems. The vast majority of people who use a betting system correctly will win.

These are not incompatible. Imagine a system where you have a 99% chance of winning $1 and a 1% chance of losing $200 and the total number of bets required is always less than 100. The house certainly has a huge edge. But the vast majority of people who use this system will win. And there can never be a "long run" because the total number of bets required by the system is always less than 100.



The bold part says it all. If the house has an edge, YOU WILL LOSE whatever betting system you use. Vast majority (99 out of 100) will win negligible amounts (1$) and 1 person will lose a big amount (200$). This will give the house a profit of 100$. Who loses this? The players. When this thing is repeated a 100 times (long run), everybody will lose (100$ each) and the house will win 10,000$ mathematically.

So yes, if there is a house edge YOU WILL EVENTUALLY LOSE.

That is what I always say.

Sooner or later you will end up in the $200 loss group, and I guess before you can win more than 200 times $1

Yes mathematically you will lose once every 100 games/bets.

PD sucks

Deposited a million times.

No winnings.

Always lose.

same i tried it, and noticed something not good, like when you are winning, and then suddently you change the size, you end up losing

i don't like it at all

i think a bot it's not good here because it follow a pattern that eventually will fail, as you need different one each time, you will end up losing


Title: Re: Autobets
Post by: ubitcoin on March 05, 2015, 01:08:47 PM
no matter what you do, the house edge remains the same. you CANNOT do anything to change this!
Absolutely true.

Quote
you WILL LOSE in the long run.
Absolutely false. You can make this highly unlikely with betting systems. The vast majority of people who use a betting system correctly will win.

These are not incompatible. Imagine a system where you have a 99% chance of winning $1 and a 1% chance of losing $200 and the total number of bets required is always less than 100. The house certainly has a huge edge. But the vast majority of people who use this system will win. And there can never be a "long run" because the total number of bets required by the system is always less than 100.



The bold part says it all. If the house has an edge, YOU WILL LOSE whatever betting system you use. Vast majority (99 out of 100) will win negligible amounts (1$) and 1 person will lose a big amount (200$). This will give the house a profit of 100$. Who loses this? The players. When this thing is repeated a 100 times (long run), everybody will lose (100$ each) and the house will win 10,000$ mathematically.

So yes, if there is a house edge YOU WILL EVENTUALLY LOSE.

That is what I always say.

Sooner or later you will end up in the $200 loss group, and I guess before you can win more than 200 times $1

Yes mathematically you will lose once every 100 games/bets.

PD sucks

Deposited a million times.

No winnings.

Always lose.

same i tried it, and noticed something not good, like when you are winning, and then suddently you change the size, you end up losing

i don't like it at all

i think a bot it's not good here because it follow a pattern that eventually will fail, as you need different one each time, you will end up losing
So bro ! The wining in any casino or any dice site is only depend on your luck as well as some skills which can work only 10% in it