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1  Other / Beginners & Help / Re: This Is How You Can Earn Bitcoins From Dice Games on: July 10, 2013, 05:39:38 PM
First and most important you NEED a dice game offering Satoshi or smaller bet size. Yes some sites offer smaller than Satoshi bets such as http://primedice.com/index.php?aff=70FDF79abe83 which has no minimum bet <- Yes that is an affiliate link use it or don't it's up to you. http://Just-Dice.com is another great site with Satoshi size bets (featured below). Both Prime and Just can be trusted 100%. Deposit and withdrawal is flawless, both sites work without any issues, and neither is lacking in the design department.

I had originally planned on building BTC 0.3 to BTC1 but as you'll see later I decided to shift into hyper drive with 4x bet multiplier which honestly isn't safe to bet with under BTC2. However I recommend 2.5-3x as a safer bet since it is the best option for anyone with less than a 2 bitcoin balance. 3x earns a little bit slower but you wont get insane amounts of losses in a row either.

The theory behind this system is you want to lose. Yes I know it sounds insane! It'll all become clear soon. Combining 3x multiplier with the famous Martingale betting system allows you be rewarded the more times you lose the more you will win.

Here's an example Bucky bets 10 loss bets 20 loss bets 40 loss bets 80 win  1/3 of the win covers the original bet 1/3 of the win covers all the previous bets and 1/3 is added to Bucky's balance. This is much better than betting 2x multiplier since every martingale level/loss only returns 1 betting unit to the player. If your going to risk the money might as well get paid for it right?

Where most martingale systems fail this one shines. Roulette is a classic example of a true martingale game. Red/black odd/even ect all classic martingale bets with roughly 50% odds. The problem is most people don't carry around $50,000 to cover the larger losing streaks. With Bitcoin and Satoshi size beting we can avoid going bust by betting the smallest number in hopes of a long losing streak of 10-20 (3x example more with 4x) which will earn anywhere from BTC0.001 to .1. The point is odds are in our favor 30 losses in a row will not happen on a 33% bet (again 3x example). We use these odds to play the system in reverse. The result is a lot of small somewhat insignificant wins and a few really large ones. Then we run with the money while we still have it.

This is how the night started



The idea was to start with a vary small balance and build up to a bitcoin. Instead (as you'll see below) I decided to deposit BTC1.8 ultimately risking more to make more. The idea is the same no matter what the starting balance is from BTC0.01-100.



Couple of notes.
1. I actually started with 2 then bet 2 again. This was an accident. The bet should have started with 1 then 2 ect.
2. Totally skipped number 4 when numbering note bubbles.... Doh!


This last photo is to prove I really did start with BTC1.8.




A good portion of total bets were from when the balance was BTC0.3. So don't think it'll take 9,000 bets to make 3 bitcoins. Most of this money was made in the last 2-3000 bets. At 20-40 bets a minute it adds up fast.



Good Luck and Good Betting,
PokerBro

Edit: Working on another example



Update Profit 10 bitcoins



Caution do NOT get greedy. These betting websites are setup to take your money not give you theirs.

Wow that is cool
2  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: July 10, 2013, 05:38:54 PM
Your opinion

Thats entirely your opinion
3  Other / Beginners & Help / Re: *UK Bitcoin swap meet* on: July 10, 2013, 05:38:20 PM
Very nice i will be there
4  Other / Beginners & Help / Re: Is Now The Time To Buy? on: July 09, 2013, 03:29:56 PM
Below $80 is always profitable for Bitcoin.
5  Other / Beginners & Help / Re: Is Now The Time To Buy? on: July 08, 2013, 10:36:42 PM
Yes, it's perfect time.
6  Other / Off-topic / Re: just a question on: July 08, 2013, 10:28:28 PM
Is it a contest?

7  Other / Meta / Re: Posts versus Activity on: July 08, 2013, 02:22:18 AM
Well, being a newbie and trying out the search function I've found the answer to my own question in this link: https://bitcointalk.org/index.php?topic=237597.0

The activity number is determined in this way:
time = number of two-week periods in which you've posted since your registration
activity = min(time * 14, posts)

Activity is updated every 30 minutes.


So basically the more you post and the longer you are here, the higher your activity number.  In the first two weeks it cannot go above 14.



Thanks for your help. I also was confused about these ratio.
8  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: July 08, 2013, 02:20:40 AM
Never. Never. Never
9  Other / Beginners & Help / Re: BTC price tomorrow will be 1 BTC = ? on: July 07, 2013, 10:20:45 PM
I don't have BTC.  Smiley

10  Other / Beginners & Help / Re: BTC price tomorrow will be 1 BTC = ? on: July 04, 2013, 10:12:44 PM
I think $ 82
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