Bitcoin Forum
December 14, 2024, 02:49:20 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Just want to vent.  (Read 1089 times)
Cryptowatch.com
Full Member
***
Offline Offline

Activity: 196
Merit: 103


View Profile WWW
April 27, 2015, 12:18:26 AM
 #21

As already said in this thread, you can't beat the house in the long run, so any such project to be profitable, means you have to get out while you are ahead.

There is a story of a big roller. He won shitloads of money at a Vegas Casino, so much that it really hurt the casino, but the casino was smart.

The man, content with his winnings, decided not to play roulette or any other casino games again.

The casino, determined to win their money back, knowing this man was a gambler at heart, put a limousine with a driver outside his house every friday with an open offer to fly to vegas for free and live in a luxury suite over the weekend for free. After a while, the temptation was too hard for the man to resist, so he accepted the offer, then went to Vegas, and lost everything..

There was also this man who sold everything he owned and then put everything on red on the roulette, he won.
bitfancier
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
April 27, 2015, 03:44:09 PM
 #22

What you did is use a classic martin gale. It does seem like a foolproof strategy to win at first but the longer you keep going eventually you will hit a massive losing streek. It's just math/odds. You need to know when to quit whilst ahead but it usually never works in the long run and you will lose at some point.


I have been messing around with some Dust coins across different dice games out there.


What's Dust coins?..

Just small amounts of bitcoins that you usually get from faucets etc.

thanks, I thought at first it's some new Altcoin  Smiley
Opnsrc (OP)
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 500



View Profile
April 27, 2015, 04:06:59 PM
 #23

What you did is use a classic martin gale. It does seem like a foolproof strategy to win at first but the longer you keep going eventually you will hit a massive losing streek. It's just math/odds. You need to know when to quit whilst ahead but it usually never works in the long run and you will lose at some point.


I have been messing around with some Dust coins across different dice games out there.


What's Dust coins?..

Just small amounts of bitcoins that you usually get from faucets etc.

thanks, I thought at first it's some new Altcoin  Smiley

Yeah, just my way of saying I was using a small amount of crypto to gamble with. In this particular situation I used about $2.50 for the week of rolls.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!