Actually i am playing dice right now, but sometimes i back to roullete in a best trusted site, and
i earn 0.1 using the same play i played at other sites.
now it caused me another question playing the dice game....
i am playing with chage 70
and if i bet with minor amount, the streak win appears very usually, also appears streak lose, but it
just reaches to 3, or 4 as a lot, it happens sometimes, and i learn what you taught me, this really
could happend
now when i am writing this post, i set it auto play with very minor amount too , 0.000002 if i
remember it correctly, however, i forget to set the multiply on loss to 0 , i left it to 2 (
i know this obvious explode the balance ... )
and my sister came to my room and talked to me, so i couldn't noticed it neither,
and magic happens, now i have got the epic streak lose that i didn't see anytime when i bet
with minor amount, i know i have to verify the p.f. and i also trust the site i am playing,
someone could help me to understand this probability relate to the higher bet ?
is because the house edge ?
( i have noticed that the streak lose appears more often if i bet higher )
Thank u in advance...
p.s. see u my 0.12 btc ... i will remember u.... should i suggest to them leave the "multiply when lose to 0" ?
OK so the way the math works out is like this:
For your first bet, you have a 50% chance to win. OK now lest say you have this streak:WLLWWWWLWLLWLLWWWLLLLLLLLLLLLL(X)
X is your next bet. What are the chances that you will win? Drum roll please:
50%.
I am very careful with online gambling. I think there is a chance that every site fudges the numbers when they think they can get away with it. My method is this: I don't try to win money, I look at it as an entertainment expense. I never lose more what I plan to, and when that is gone I am done. I never set aside more money than I would miss. Sometimes I come out ahead with this, usually not. But make no mistake: the house always wins. So please just have fun but never use more money than you can afford to lose. If losing effects your life in any way then it is too much.
Your dice example here does look a bit shady, but it really is possible. The only way is to check the PF system before every bet. IMO if oyu put it on autobet then you are asking for trouble.