My Journey: Can I Win Gambling?

[tjh11]

Can I suggest buying or investing in a casino? I say this because no mater how you look at it the odds are you will lose. It is the most likely outcome for a gambler. If you had a cut of the casino's action then the odds are in your favor and you will most likely gain money.
I know it's not as fun as blackjack, but at the end of a day when you are counting your money you may be happier.

Best of luck!

Hey,
I appreciate your support and advice. Unfortunately, I'm in the US, so I can't run a casino. Playing casino games actually isn't that fun for me, its about making money for me. I figure if I treat it as a job, I can somehow win.

Thanks again!

You can always invest in a casino and it is much more safer than playing in casino . I think there is no restriction for US player not to invest in a casino sites. The rule is that you cant run an illegal casino.  

Hey there,

Trust me, I have had a small profit in the short term plenty of times, and I always ended up getting excited and then going broke.

Enough profit for me to walk away is 1% of what I came in with. I figure if I don't get too greedy, I have a better chance of coming out ahead.

Keep your eye on me, we'll see how I do. Thanks!

1 % of your bankroll is 0.004 btc and you wont be satisfied with that because that is only like 1$, but if you can get 1$ everyday then I cant complain with that  

It's not necessarily safer to invest. Look at all the dice sites that have run off with everyone's money, including investors' cash.

And yes, 1% of my bankroll is 0.004 BTC. I am only going to try and make 0.002 or less per day for the first couple of months, because I can't afford to get greedy.

There is some dice sites which is safe to invest in and your 0.4 btc might get alot more than 1 % that you aim if you are investing in a dice sites or maybe lose a lot of it . Since you only aim for 0.002 btc, what will your strategy be? bet max at the max chance ? you can get 2 % with that method 

I don't have a specific strategy, I'll probably just flat bet, because all tbe dice sites let you win at first. However, if I can help it, I'll be staying away from the dice sites.

[tjh11]

Alright everyone, so I just finished up a couple of quick roulette sessions at 777coin.com…great site, immediate withdrawals.

Thanks to lightlord for recommending 777Coin to me!

I ended up with a profit of 0.00195 BTC after Blockchain fees playing roulette today. I don't want to get greedy, so I'm just aiming for small wins.

Thanks to everyone who replied to this thread offering their support, we'll see how I do tomorrow.

Any other bitcoin casinos anyone recommends?

EDIT: Forgot to mention that I deposited 0.04 BTC into 777Coin.  From now on, however, the max amount I'll be depositing is around 0.01 BTC. That's going to be one of my rules.

[tjh11]

You still didnt say how many bitcoins you lost so we can now when you are making profit because if you lost like 10 bitcoins and you win 1 bitcoin now you are still at -10 .

Other than that good luck, literally good luck.

I would estimate I've lost 5 or 6 BTC in the past year or so gambling with bitcoin.

[Superhitech]

Can I suggest buying or investing in a casino? I say this because no mater how you look at it the odds are you will lose. It is the most likely outcome for a gambler. If you had a cut of the casino's action then the odds are in your favor and you will most likely gain money.
I know it's not as fun as blackjack, but at the end of a day when you are counting your money you may be happier.

Best of luck!

Hey,
I appreciate your support and advice. Unfortunately, I'm in the US, so I can't run a casino. Playing casino games actually isn't that fun for me, its about making money for me. I figure if I treat it as a job, I can somehow win.

Thanks again!

You can always invest in a casino and it is much more safer than playing in casino . I think there is no restriction for US player not to invest in a casino sites. The rule is that you cant run an illegal casino.  

Hey there,

Trust me, I have had a small profit in the short term plenty of times, and I always ended up getting excited and then going broke.

Enough profit for me to walk away is 1% of what I came in with. I figure if I don't get too greedy, I have a better chance of coming out ahead.

Keep your eye on me, we'll see how I do. Thanks!

1 % of your bankroll is 0.004 btc and you wont be satisfied with that because that is only like 1$, but if you can get 1$ everyday then I cant complain with that  

It's not necessarily safer to invest. Look at all the dice sites that have run off with everyone's money, including investors' cash.

And yes, 1% of my bankroll is 0.004 BTC. I am only going to try and make 0.002 or less per day for the first couple of months, because I can't afford to get greedy.

Some of the old reputable sites would be quite safe to invest in, as they have more to gain by staying then by running.

Some old trusted sites to invest in would be:
Moneypot.com
Diggit.io
btcdemon.com
Dadice.com

These are just some sites, there are more. You probably wouldn't make money gambling, as the house usually wins in the end. Good luck with your journey!

[Light]

I appreciate your support and advice. Unfortunately, I'm in the US, so I can't run a casino. Playing casino games actually isn't that fun for me, its about making money for me. I figure if I treat it as a job, I can somehow win.

Sorry to rain on your party - but that's not how gambling works in this case. A -EV means that in the long term you will expect to lose money (no matter what you do), it doesn't matter if you change casinos (it just changes your -EV if they have a different edge) but the more and more you play the more likely you are to approach the expected value. The only way to come out as a winner is to make a single massive win (ie. win the lottery) and never EVER play again. If you continue to play after getting ahead - eventually you'll expect to lose it back.

Hate to be a harbinger of bad news - but you will eventually show a loss unless you stop permanently while your ahead.

[tjh11]

Can I suggest buying or investing in a casino? I say this because no mater how you look at it the odds are you will lose. It is the most likely outcome for a gambler. If you had a cut of the casino's action then the odds are in your favor and you will most likely gain money.
I know it's not as fun as blackjack, but at the end of a day when you are counting your money you may be happier.

Best of luck!

Hey,
I appreciate your support and advice. Unfortunately, I'm in the US, so I can't run a casino. Playing casino games actually isn't that fun for me, its about making money for me. I figure if I treat it as a job, I can somehow win.

Thanks again!

You can always invest in a casino and it is much more safer than playing in casino . I think there is no restriction for US player not to invest in a casino sites. The rule is that you cant run an illegal casino.  

Hey there,

Trust me, I have had a small profit in the short term plenty of times, and I always ended up getting excited and then going broke.

Enough profit for me to walk away is 1% of what I came in with. I figure if I don't get too greedy, I have a better chance of coming out ahead.

Keep your eye on me, we'll see how I do. Thanks!

1 % of your bankroll is 0.004 btc and you wont be satisfied with that because that is only like 1$, but if you can get 1$ everyday then I cant complain with that  

It's not necessarily safer to invest. Look at all the dice sites that have run off with everyone's money, including investors' cash.

And yes, 1% of my bankroll is 0.004 BTC. I am only going to try and make 0.002 or less per day for the first couple of months, because I can't afford to get greedy.

Some of the old reputable sites would be quite safe to invest in, as they have more to gain by staying then by running.

Some old trusted sites to invest in would be:
Moneypot.com
Diggit.io
btcdemon.com
Dadice.com

These are just some sites, there are more. You probably wouldn't make money gambling, as the house usually wins in the end. Good luck with your journey!

Hey, I appreciate your support. We'll see if I make money.

Thanks!

[jaberwock]

Hey everyone on bitcointalk. This is tjh11, and like many of you, I have lost a significant amount of BTC to the bitcoin casinos over the past year or so.

That's about to change. You see, in almost every single one of the sessions that I have played, whether it be roulette, blackjack, baccarat, or dice, I have been ahead at some point. I just haven't left when I was ahead.

I am making this thread to basically document my gambling journey.  I understand a lot of you say that because the house has the edge, no one will come out ahead.  However, you have to understand, if everyone who went into a casino left when they were up, they casinos would have gone out of business a long time ago.

Please don't show any hate, so if you don't have anything nice to say about this thread, please just don't comment at all.

I will be documenting every single gambling session I have, and I will try to limit my sessions to 1-per-day.

Right now my bankroll is at a little over 0.4 BTC.

Wish me luck!

UPDATE #1: Here is the address, so you can view all of my transactions:

https://blockchain.info/address/1Q247kQux52qBLBX4tVXFbX344RyevhmhB

Some people never get ahead.
They have a long string of losses until they get no money.

Two or 3 times with such bad luck and you are gone.

Please don't take gambling as a job, or you might end up really bad

[Dennis7777]

Can I suggest buying or investing in a casino? I say this because no mater how you look at it the odds are you will lose. It is the most likely outcome for a gambler. If you had a cut of the casino's action then the odds are in your favor and you will most likely gain money.
I know it's not as fun as blackjack, but at the end of a day when you are counting your money you may be happier.

Best of luck!

Hey,
I appreciate your support and advice. Unfortunately, I'm in the US, so I can't run a casino. Playing casino games actually isn't that fun for me, its about making money for me. I figure if I treat it as a job, I can somehow win.

Thanks again!

You can always invest in a casino and it is much more safer than playing in casino . I think there is no restriction for US player not to invest in a casino sites. The rule is that you cant run an illegal casino.  

Hey there,

Trust me, I have had a small profit in the short term plenty of times, and I always ended up getting excited and then going broke.

Enough profit for me to walk away is 1% of what I came in with. I figure if I don't get too greedy, I have a better chance of coming out ahead.

Keep your eye on me, we'll see how I do. Thanks!

1 % of your bankroll is 0.004 btc and you wont be satisfied with that because that is only like 1$, but if you can get 1$ everyday then I cant complain with that  

It's not necessarily safer to invest. Look at all the dice sites that have run off with everyone's money, including investors' cash.

And yes, 1% of my bankroll is 0.004 BTC. I am only going to try and make 0.002 or less per day for the first couple of months, because I can't afford to get greedy.

Some of the old reputable sites would be quite safe to invest in, as they have more to gain by staying then by running.

Some old trusted sites to invest in would be:
Moneypot.com
Diggit.io
btcdemon.com
Dadice.com

These are just some sites, there are more. You probably wouldn't make money gambling, as the house usually wins in the end. Good luck with your journey!

In terms of old and trusted, there are a few better options such as pocketrocketscasino.eu, bitdice.me and just-dice for CLAM.

[Astargath]

Alright everyone, so I just finished up a couple of quick roulette sessions at 777coin.com…great site, immediate withdrawals.

Thanks to lightlord for recommending 777Coin to me!

I ended up with a profit of 0.00195 BTC after Blockchain fees playing roulette today. I don't want to get greedy, so I'm just aiming for small wins.

Thanks to everyone who replied to this thread offering their support, we'll see how I do tomorrow.

Any other bitcoin casinos anyone recommends?

EDIT: Forgot to mention that I deposited 0.04 BTC into 777Coin.  From now on, however, the max amount I'll be depositing is around 0.01 BTC. That's going to be one of my rules.

What you said about casinos letting you win at first is not true most of the times because most of the casinos are fair so winning at first is just luck not that the casino wants you to. But there might be some casinos who use that trick to make people believe they can win, if you find one you can abuse it.

[tjh11]

Hey everyone on bitcointalk. This is tjh11, and like many of you, I have lost a significant amount of BTC to the bitcoin casinos over the past year or so.

That's about to change. You see, in almost every single one of the sessions that I have played, whether it be roulette, blackjack, baccarat, or dice, I have been ahead at some point. I just haven't left when I was ahead.

I am making this thread to basically document my gambling journey.  I understand a lot of you say that because the house has the edge, no one will come out ahead.  However, you have to understand, if everyone who went into a casino left when they were up, they casinos would have gone out of business a long time ago.

Please don't show any hate, so if you don't have anything nice to say about this thread, please just don't comment at all.

I will be documenting every single gambling session I have, and I will try to limit my sessions to 1-per-day.

Right now my bankroll is at a little over 0.4 BTC.

Wish me luck!

UPDATE #1: Here is the address, so you can view all of my transactions:

https://blockchain.info/address/1Q247kQux52qBLBX4tVXFbX344RyevhmhB

Some people never get ahead.
They have a long string of losses until they get no money.

Two or 3 times with such bad luck and you are gone.

Please don't take gambling as a job, or you might end up really bad

Hey,

I don't plan on making it a job, but I will treat it as a job because I will be disciplined and know when to walk away.

Thanks!

[tjh11]

Alright everyone, so I just finished up a couple of quick roulette sessions at 777coin.com…great site, immediate withdrawals.

Thanks to lightlord for recommending 777Coin to me!

I ended up with a profit of 0.00195 BTC after Blockchain fees playing roulette today. I don't want to get greedy, so I'm just aiming for small wins.

Thanks to everyone who replied to this thread offering their support, we'll see how I do tomorrow.

Any other bitcoin casinos anyone recommends?

EDIT: Forgot to mention that I deposited 0.04 BTC into 777Coin.  From now on, however, the max amount I'll be depositing is around 0.01 BTC. That's going to be one of my rules.

What you said about casinos letting you win at first is not true most of the times because most of the casinos are fair so winning at first is just luck not that the casino wants you to. But there might be some casinos who use that trick to make people believe they can win, if you find one you can abuse it.

The vast majority of online casinos, including bitcoin casinos, are not fair in my opinion. I could be wrong, but my experience tells me that most will let new players win at first.

[Astargath]

Alright everyone, so I just finished up a couple of quick roulette sessions at 777coin.com…great site, immediate withdrawals.

Thanks to lightlord for recommending 777Coin to me!

I ended up with a profit of 0.00195 BTC after Blockchain fees playing roulette today. I don't want to get greedy, so I'm just aiming for small wins.

Thanks to everyone who replied to this thread offering their support, we'll see how I do tomorrow.

Any other bitcoin casinos anyone recommends?

EDIT: Forgot to mention that I deposited 0.04 BTC into 777Coin.  From now on, however, the max amount I'll be depositing is around 0.01 BTC. That's going to be one of my rules.

What you said about casinos letting you win at first is not true most of the times because most of the casinos are fair so winning at first is just luck not that the casino wants you to. But there might be some casinos who use that trick to make people believe they can win, if you find one you can abuse it.

The vast majority of online casinos, including bitcoin casinos, are not fair in my opinion. I could be wrong, but my experience tells me that most will let new players win at first.

But the thing is that if that was the case, wich could very well be in some cases it could be abused, create a new account, win, withdraw, change ip, create new account and repeat until you get rich, im sure you see my point

[cryptworld]

But the point is if you have experience or not.
You can win from games like blackjack or poker,which requires many experiences and strategies
Don't expect to win from dice and hasard games

[vendetahome]

But the point is if you have experience or not.
You can win from games like blackjack or poker,which requires many experiences and strategies
Don't expect to win from dice and hasard games

it doesnt matter what you play as it always depend on luck

[xKomatsu]

But the point is if you have experience or not.
You can win from games like blackjack or poker,which requires many experiences and strategies
Don't expect to win from dice and hasard games

it doesnt matter what you play as it always depend on luck

Some games doesnt depends only on luck like poker and sportsbook which you can win if you have skills

[Astargath]

But the point is if you have experience or not.
You can win from games like blackjack or poker,which requires many experiences and strategies
Don't expect to win from dice and hasard games

it doesnt matter what you play as it always depend on luck

Some games doesnt depends only on luck like poker and sportsbook which you can win if you have skills

Depends, poker vs other players doesnt depend only on luck nor does the sportsbook but to achieve the necessary skill to be able to make a profit in the long term is really really hard so not anyone will be able to do it

[ironman80]

OP.I think that you should try to gamble only with the money you can afford to lose...Instead of gambling,you can by senior account here,and try some of the signature campaigns.But,it is your money,you decide what to do with it

[oser41eric]

But the point is if you have experience or not.
You can win from games like blackjack or poker,which requires many experiences and strategies
Don't expect to win from dice and hasard games

it doesnt matter what you play as it always depend on luck

Some games doesnt depends only on luck like poker and sportsbook which you can win if you have skills

Depends, poker vs other players doesnt depend only on luck nor does the sportsbook but to achieve the necessary skill to be able to make a profit in the long term is really really hard so not anyone will be able to do it

Yes them games having skill takes you a long way but does not look like OP is going that route it looks like he is going for total luck based games and whether he wins 5 times in a row, he will come out losing in the end as anyone here who has time spent gambling will know. Will pop back now and again to see how you getting on though. Good luck!

[tjh11]

Alright everyone, so I just finished up a couple of quick roulette sessions at 777coin.com…great site, immediate withdrawals.

Thanks to lightlord for recommending 777Coin to me!

I ended up with a profit of 0.00195 BTC after Blockchain fees playing roulette today. I don't want to get greedy, so I'm just aiming for small wins.

Thanks to everyone who replied to this thread offering their support, we'll see how I do tomorrow.

Any other bitcoin casinos anyone recommends?

EDIT: Forgot to mention that I deposited 0.04 BTC into 777Coin.  From now on, however, the max amount I'll be depositing is around 0.01 BTC. That's going to be one of my rules.

What you said about casinos letting you win at first is not true most of the times because most of the casinos are fair so winning at first is just luck not that the casino wants you to. But there might be some casinos who use that trick to make people believe they can win, if you find one you can abuse it.

The vast majority of online casinos, including bitcoin casinos, are not fair in my opinion. I could be wrong, but my experience tells me that most will let new players win at first.

But the thing is that if that was the case, wich could very well be in some cases it could be abused, create a new account, win, withdraw, change ip, create new account and repeat until you get rich, im sure you see my point

I think that while the majority of online casinos let you win at first, I also think it depends on how the casino is doing at the time you make your deposit. So if someone just won half the casino's bankroll, then chances are the casino isn't going to let yout win at all. They need to get their money back. So I think one thing to look out for on dice sites is how their profit is doing.

I also think whether or not the online casinos let you win at first depends on how much you deposit.

[CryForMeSky]

I think that while the majority of online casinos let you win at first, I also think it depends on how the casino is doing at the time you make your deposit. So if someone just won half the casino's bankroll, then chances are the casino isn't going to let yout win at all. They need to get their money back. So I think one thing to look out for on dice sites is how their profit is doing.

I also think whether or not the online casinos let you win at first depends on how much you deposit.

You sure do think a lot of things that fly in the face of logic, facts, and fairness.