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Author Topic: Dice game strategy?  (Read 97254 times)
actmyname
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August 31, 2015, 02:10:52 PM
 #181

my dice strategy is to bet the very minimum till i lose 2 bets in arow, then i will bet a small amount if i lose that bet i continue to double down, i've done fairly well with this
strategy so, the only time i run completely dry is if hit a mass losing streak of 20 or higher!

Your strategy relies on the gambler's fallacy, where you expect a lower chance of a loss after a certain series of results.

All I can say is that losing two bets in a row has no effect on your subsequent bets,  and it would be the same to just bet your small amount immediately.

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August 31, 2015, 02:18:58 PM
 #182

For me martingale's strategy proved to be useful for a short-term period, made some bucks with it. It might've been the luck that i had... Cool
Probably the luck.  Martingale will always make you lose in the end.
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August 31, 2015, 02:27:16 PM
 #183

For me martingale's strategy proved to be useful for a short-term period, made some bucks with it. It might've been the luck that i had... Cool
Probably the luck.  Martingale will always make you lose in the end.

That's why i stopped, i knew if i will continue, i'll lose all i've got. Strategies who gives you BTCs without including the luck do not exist atm.
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September 03, 2015, 11:34:12 AM
 #184

For me martingale's strategy proved to be useful for a short-term period, made some bucks with it. It might've been the luck that i had... Cool
Probably the luck.  Martingale will always make you lose in the end.

That's why i stopped, i knew if i will continue, i'll lose all i've got. Strategies who gives you BTCs without including the luck do not exist atm.

If we continue we always gonna loose, it is mathematical.
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September 03, 2015, 01:26:38 PM
 #185

For me martingale's strategy proved to be useful for a short-term period, made some bucks with it. It might've been the luck that i had... Cool
Probably the luck.  Martingale will always make you lose in the end.

Not always, sometimes you can double your balance if you pretty lucky but this is not always thats why you need some good martingale strategy to win and after got some profit, you must leave it or later addiction will eat all your balance
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September 04, 2015, 10:47:31 AM
 #186

Search a dice site, where min bet is 1 satoshi, and you can bet as fast as possible with a bot. The bot should be able to store "roundings". Base bet 1 satoshi, 0.2% increase on loss, payout 550x, switch on win, with 1 btc you can survive 6100 lose streak with 20 btc you can survive 7600 lose streak. The more bet per sec you can make the higher profit each day. Of course it is a risky tactic on the long run, but with 0.7 btc i survived with it for a month or more, running the bot 7/24 Smiley And before you ask, i stopped in time Smiley

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September 04, 2015, 03:27:37 PM
 #187

Search a dice site, where min bet is 1 satoshi, and you can bet as fast as possible with a bot. The bot should be able to store "roundings". Base bet 1 satoshi, 0.2% increase on loss, payout 550x, switch on win, with 1 btc you can survive 6100 lose streak with 20 btc you can survive 7600 lose streak. The more bet per sec you can make the higher profit each day. Of course it is a risky tactic on the long run, but with 0.7 btc i survived with it for a month or more, running the bot 7/24 Smiley And before you ask, i stopped in time Smiley

With 20 BTC you could do much more than gambling into dices.  Grin
BTCevo
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September 04, 2015, 03:32:37 PM
 #188

Search a dice site, where min bet is 1 satoshi, and you can bet as fast as possible with a bot. The bot should be able to store "roundings". Base bet 1 satoshi, 0.2% increase on loss, payout 550x, switch on win, with 1 btc you can survive 6100 lose streak with 20 btc you can survive 7600 lose streak. The more bet per sec you can make the higher profit each day. Of course it is a risky tactic on the long run, but with 0.7 btc i survived with it for a month or more, running the bot 7/24 Smiley And before you ask, i stopped in time Smiley

Huge bankroll doesnt make you win a lot. This is matter of luck whether you will win big or not. With low basebet sure you need some high multiply to make you win huge but with 550x payout with 1 btc you can duffer 6100 lose streak but you need some luck to win that because 550x payout chance is too low and it really risky enough. Btw how much did you got with 0.7 btc?
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September 04, 2015, 03:44:37 PM
 #189

For me martingale's strategy proved to be useful for a short-term period, made some bucks with it. It might've been the luck that i had... Cool
Probably the luck.  Martingale will always make you lose in the end.


Yeah it happen to me often. I'm better play with high multiplier ( low chance of winnings ) But it will result as big winnings if I'm hit 00.01 or 99.99
Sometimes martiangle can make some profit , the problem is when you're stop to take profit before house take you down.
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September 04, 2015, 03:44:59 PM
 #190

Search a dice site, where min bet is 1 satoshi, and you can bet as fast as possible with a bot. The bot should be able to store "roundings". Base bet 1 satoshi, 0.2% increase on loss, payout 550x, switch on win, with 1 btc you can survive 6100 lose streak with 20 btc you can survive 7600 lose streak. The more bet per sec you can make the higher profit each day. Of course it is a risky tactic on the long run, but with 0.7 btc i survived with it for a month or more, running the bot 7/24 Smiley And before you ask, i stopped in time Smiley

I would say no body will spend 20btc to bet on dice and start martingale with only 1satoshi. That would be insane... Smiley

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bitwarrior
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September 06, 2015, 03:39:54 AM
 #191

Is there any dice game site which gives you more chances on winning using martingale? Any more betting strategies better than martingale?
pooya87
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September 06, 2015, 04:15:08 AM
 #192

Search a dice site, where min bet is 1 satoshi, and you can bet as fast as possible with a bot. The bot should be able to store "roundings". Base bet 1 satoshi, 0.2% increase on loss, payout 550x, switch on win, with 1 btc you can survive 6100 lose streak with 20 btc you can survive 7600 lose streak. The more bet per sec you can make the higher profit each day. Of course it is a risky tactic on the long run, but with 0.7 btc i survived with it for a month or more, running the bot 7/24 Smiley And before you ask, i stopped in time Smiley

ok. assuming all these numbers are correct and starting with 1BTC, you are forgetting the most important part of all: "how many times will you win in 6100 bets?

yeah, it is easy to say that with max 1BTC in your bankroll and starting with 1 satoshi you can survive 6100 lose streaks but in action when you set the payout to 550X the chance of winning becomes much lower so in 6100 bets it is easily possible that you always lose and don't win at all.

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confirmation120
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September 06, 2015, 05:27:06 AM
 #193

Dice strategies were just illusions. Dice and other gambling were just pure luck. Strategies can't beat the house but luck can Wink
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September 06, 2015, 09:07:01 AM
 #194

Is there any dice game site which gives you more chances on winning using martingale? Any more betting strategies better than martingale?
There is not such a strategy to win dice.Martingale never worked for me.I begin to think it is sure way to lose as house analysis too that you are playing the same way and in the end you remain without your own money.
TriggerX
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September 06, 2015, 09:15:40 AM
 #195

Is there any dice game site which gives you more chances on winning using martingale? Any more betting strategies better than martingale?
There is not such a strategy to win dice.Martingale never worked for me.I begin to think it is sure way to lose as house analysis too that you are playing the same way and in the end you remain without your own money.

^this. From my past experiences there is no strategy to win at dice. You might get a lucky win streak but you will lose it if you keep betting.

You just have to play smart and know when to stop.

Hi!
bitcoin1992
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September 06, 2015, 09:30:34 AM
 #196

72% and Base bet as 1000th part of your bankroll and 4x your bet on loss and after a win, come back to base bet. That's what my strategy is. Helps at times, but if I get greedy, I lose it all.
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September 06, 2015, 09:46:37 AM
 #197

martingale is the only dice strategy i know but it doesn't work on the long run and it needs a decent amount of bitcoins to start

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birdcat90
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September 06, 2015, 09:49:59 AM
 #198

my strategy is always changes my payout..

because if i play with 1 odd i will lost because of the house of edges..so regularly change my odds...hehe thats work great

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September 06, 2015, 10:31:00 PM
 #199

martingale is the only dice strategy i know but it doesn't work on the long run and it needs a decent amount of bitcoins to start

Dooglus already showed the math months ago, proving that the BEST chance of getting profit is a single 49.5% (2x) bet with your full bankroll. Anything else instantly results in a bigger -EV. Strategy or not, the more you roll (i.e., martingale) the closer you are to busting.

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September 07, 2015, 01:16:55 AM
 #200

Is there any dice game site which gives you more chances on winning using martingale? Any more betting strategies better than martingale?

I guess that is depends on the houseedge. The lowest houdeedge for now is 0.1% and that is on betterbets. You can check it on my profile or may be you can check through their forum on here https://bitcointalk.org/index.php?topic=1065847.0
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