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Author Topic: Who is Playing Satoshimines.com? Tried my Method?  (Read 4438 times)
arallmuus
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April 19, 2015, 07:36:03 PM
Last edit: April 19, 2015, 07:56:08 PM by arallmuus
 #41

Yeah may it could be happened. Can you please tell me What does House edge exactly mean? and how is it work?

house edge is a ratio of the loss that a gambling site expected from your initial bet
in short 1 % house edge means that for every bet you make there will be 1 % loss from your initial bet in average. If you are to visit a dice sites that has 1 % house edge you can see that for 50 % chance to win, you will get just 1.98x of your bet instead of 2x of your bet.


R


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Minnlo
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April 19, 2015, 07:40:56 PM
 #42

Yeah may it could be happened. Can you please tell me What does House edge exactly mean? and how is it work?

house edge is a ratio of the loss that a gambling site expected from your initial bet
in short 1 % house edge means that for every bet you make there will be 1 % loss from your initial bet in average. If you are to visit a dice sites that has 1 % house edge you can see that for 50 % chance to win, you will get just 1.95x of your bet instead of 2x of your bet.

Hm...On a dice site with 1% house edge, you will get 1.98x of your bet for winning a 50% bet, as the expected value of such bet would be 99% (=1.98*50%) in this case.
If the site gives you 1.95x back, the house edge would indeed be 2.5%.

snipetr
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April 19, 2015, 07:45:20 PM
 #43

I use this strategy and I won every time. I said every time because I wait for 4 times bomb on a same place and I click.
arallmuus
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April 19, 2015, 07:55:50 PM
 #44

Yeah may it could be happened. Can you please tell me What does House edge exactly mean? and how is it work?

house edge is a ratio of the loss that a gambling site expected from your initial bet
in short 1 % house edge means that for every bet you make there will be 1 % loss from your initial bet in average. If you are to visit a dice sites that has 1 % house edge you can see that for 50 % chance to win, you will get just 1.95x 1.98x of your bet instead of 2x of your bet.

Hm...On a dice site with 1% house edge, you will get 1.98x of your bet for winning a 50% bet, as the expected value of such bet would be 99% (=1.98*50%) in this case.
If the site gives you 1.95x back, the house edge would indeed be 2.5%.

sorry wrong typing on my end, edited it already and thanks for clarifying. I was multitasking while Im making the posts, I was supposed to put in 1.98x for my explanation there but somehow I typed in 1.95x . thanks  Smiley

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hunkey600
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April 20, 2015, 04:47:45 AM
 #45

loosing with this method as of now 3 of 6 wins Sad

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April 20, 2015, 05:11:08 AM
 #46

I use this strategy and I won every time. I said every time because I wait for 4 times bomb on a same place and I click.

4 times? the chance to happen is too low, you could wait for some hour just only for that to happen and there is not a guarantee that the next one wont be in the same place , I've never happened to get one in the same spot for 4 times, max 3 times for me. Although this is not how irfan's strategy is.
christycalhoun
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April 20, 2015, 08:28:57 AM
 #47

loosing with this method as of now 3 of 6 wins Sad

I think its a matter of pure luck. I think he won every time is his luck and you loose its your luck, Are you played these 6 games in one day? Because it is said above in the op that just play 2-3 games a day?

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April 20, 2015, 11:31:16 AM
 #48

loosing with this method as of now 3 of 6 wins Sad

I think its a matter of pure luck. I think he won every time is his luck and you loose its your luck, Are you played these 6 games in one day? Because it is said above in the op that just play 2-3 games a day?

Yes please Kept in mine that:

Hello Bitcoiners

Gambling Is Not  Recommended Because Its Not Guaranteed That you will won every Time.


Please DONT PLAY IT MORE THAN 2 OR 3 TIMES A DAY THANKS

I use this strategy and I won every time. I said every time because I wait for 4 times bomb on a same place and I click.

4 times? the chance to happen is too low, you could wait for some hour just only for that to happen and there is not a guarantee that the next one wont be in the same place , I've never happened to get one in the same spot for 4 times, max 3 times for me. Although this is not how irfan's strategy is.

Yeah rightly said, I said Dont click on the more than 2 or 3three boxes because it increases the chance of loosing BTC.

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irfan_pak10 (OP)
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April 22, 2015, 02:46:28 PM
 #49

As i said above gambling is pure luck. I was winning more than 60% from last 4 consecutive days. bUT TODAY I lost 3$ in one bet, when i clicked the box a bomb just appeared it means i lost my bitcoins.
So your winning is still higher than losing ration.

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harlenadler
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April 22, 2015, 05:43:25 PM
 #50

This method works with only 3$ or we can try with lower amount also?

It worked for every amount. I just said you need to put just a minimum amount, so that if you loose them, it will not hurt you. You can use 1$ or 2$ or 10$ or 1 btc. i know one of my friend use to send 1 btc every day and he won almost 40 btc.

Cool, What if they read this thread Smiley

Nothing will be happened to his or to site because they cant do anything with the site. Because it is Provably fair. They setup one Code for it and will never change it.

Well satoshimines should be more than happy to see new players on the site.

If you play with 5 bombs and cashout after digging two tiles, the chance of winning would be 63.33% and you will make a profit of about 55.3%. So the house edge is in fact bigger than 1%.

Yeah may it could be happened. Can you please tell me What does House edge exactly mean? and how is it work?

In simple words, it represents how much the gambling site takes from the bet in a probability sense.
Take the above case as example, you have 63.33% chance to get back 155.3% of your bet size and 36.67% chance to get 0% back. So in the average, you can expect to get 98.35% (=63.33% * 155.3% + 36.67% * 0%) back, and the house can expect to get 1.65%.

Of course there are in fact only two possible outcomes here. Either you win 55.3% or lose 100%.
But in the long run, you should get a ~1.65% loss of your total wagered amount, after playing thousands and thousands of games.

In a simple win or loose game , i don't think this should be counted . We can call it more like 1-2% fee
NorwegianNoob
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April 25, 2015, 11:31:15 AM
 #51

How many BTC do you guys think satoshimines bankroll is?

(anyone know why the site is down today?)
irfan_pak10 (OP)
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May 09, 2015, 04:30:57 PM
 #52

How many BTC do you guys think satoshimines bankroll is?

(anyone know why the site is down today?)

Yeah some time this site got stuck and never opened for few hours I don't know what's the problem is

How many of you people are still playing this game with my method?

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vendetahome
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May 09, 2015, 05:27:53 PM
 #53

How many BTC do you guys think satoshimines bankroll is?

(anyone know why the site is down today?)

Yeah some time this site got stuck and never opened for few hours I don't know what's the problem is

How many of you people are still playing this game with my method?
i was trying to play 5 mines and press 2 blocks each game, though i played from one address because i dont see the difference, it would make difference only if they are riged
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May 09, 2015, 07:11:48 PM
 #54

It's an interesting and worthwhile strategy although it's sort of very redundant after awhile.  Not bad to mix things up but I prefer more variety in games like Baccarat, Black Jack, Dice, and Poker.

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irfan_pak10 (OP)
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June 22, 2015, 03:58:09 PM
 #55

So here is another victim of satoshimine: https://bitcointalk.org/index.php?topic=1095934.0
Because He was not using any strategy. Please do give a try to my method And then Tell here your Story.

By the Way Gambling is not recommended @ all So be carefull

Thanks

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June 22, 2015, 05:58:54 PM
 #56

So here is another victim of satoshimine: https://bitcointalk.org/index.php?topic=1095934.0
Because He was not using any strategy. Please do give a try to my method And then Tell here your Story.

By the Way Gambling is not recommended @ all So be carefull

Thanks

I would say that he is not a victim of satoshimines, but he is a victim of his own greediness Smiley
He made 3.2btc from 0.5, but seems that he was not satisfied enough of that amount and tried to get more and unfortunately busted in the end.




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June 22, 2015, 07:08:42 PM
 #57

So here is another victim of satoshimine: https://bitcointalk.org/index.php?topic=1095934.0
Because He was not using any strategy. Please do give a try to my method And then Tell here your Story.

By the Way Gambling is not recommended @ all So be carefull

Thanks

I would say that he is not a victim of satoshimines, but he is a victim of his own greediness Smiley
He made 3.2btc from 0.5, but seems that he was not satisfied enough of that amount and tried to get more and unfortunately busted in the end.





yes exactly , this is not a victim at all
making 3.2 from 0.5 is super perfect , but he just can't stop
there is no working strategy at these games , just go and try your luck and then withdraw quickly
the best and the easiest strategy  Cheesy
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June 23, 2015, 12:50:16 PM
 #58

So here is another victim of satoshimine: https://bitcointalk.org/index.php?topic=1095934.0
Because He was not using any strategy. Please do give a try to my method And then Tell here your Story.

By the Way Gambling is not recommended @ all So be carefull

Thanks

I would say that he is not a victim of satoshimines, but he is a victim of his own greediness Smiley
He made 3.2btc from 0.5, but seems that he was not satisfied enough of that amount and tried to get more and unfortunately busted in the end.





yes exactly , this is not a victim at all
making 3.2 from 0.5 is super perfect , but he just can't stop
there is no working strategy at these games , just go and try your luck and then withdraw quickly
the best and the easiest strategy  Cheesy

No there is strategy Involved in every thing. You cant go for randomness it end in just garbage. Once my another friend made almost 40 BTC from satoshimine but he lost all on this site due to his greedyness

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CarlesPuyol
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June 23, 2015, 01:55:45 PM
 #59

I also tried the method but lost.
Winning in gambling is harder than being a doctor  Cheesy
shanem
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June 23, 2015, 02:42:36 PM
 #60

I also tried the method but lost.
Winning in gambling is harder than being a doctor  Cheesy

It is impossible to win in the long run when the odds are against you.
No method can ever earn you profit in the long run when the odds are against you.

     

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