Dice game strategy?

[chennan]

The only winning strategy is to be the bank and invest in a dice site, although that still runs the risk of the site getting 'hacked' and stealing all your bitcoins.

The only strategy decision you make with dice sites is how quickly you lose all your bitcoins.  Burn through your stash fast or bleed it slow.  Your choice.

Owning a gambling site must be very profitable indeed, nice thought. 

Probably the best strategy anyone's mentioned yet! Owning one is the winner!

If I remember correctly, wasn't there a site that has just been recently released that allows the gambler to be the "house" and the house be the "gambler"?  Or did I just dream that? If not I would think that this would be a very interesting dice game site idea for the next dev to create.

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[1714803603]

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[BTCevo]

The only winning strategy is to be the bank and invest in a dice site, although that still runs the risk of the site getting 'hacked' and stealing all your bitcoins.

The only strategy decision you make with dice sites is how quickly you lose all your bitcoins.  Burn through your stash fast or bleed it slow.  Your choice.

Owning a gambling site must be very profitable indeed, nice thought. 

But you really need some big whale to play or you wont get anything. Trying to promote is a needed too so there will be more people playing at your site so you still can earn it. You saw a big dice site like primedice its easy but how are you going to maintain it is the hardest part 

[Coef]

The only winning strategy is to be the bank and invest in a dice site, although that still runs the risk of the site getting 'hacked' and stealing all your bitcoins.

The only strategy decision you make with dice sites is how quickly you lose all your bitcoins.  Burn through your stash fast or bleed it slow.  Your choice.

Owning a gambling site must be very profitable indeed, nice thought. 

But you really need some big whale to play or you wont get anything. Trying to promote is a needed too so there will be more people playing at your site so you still can earn it. You saw a big dice site like primedice its easy but how are you going to maintain it is the hardest part 

True the marketing part is not easy and could be expensive with launch promo and signature campaign, but with Moneypot and the free open source dice script, it is now easy to create and own a dice . As an app owner, there is not much maintenance work and but mainly working on UI and marketing.

[ranochigo]

The only winning strategy is to be the bank and invest in a dice site, although that still runs the risk of the site getting 'hacked' and stealing all your bitcoins.

The only strategy decision you make with dice sites is how quickly you lose all your bitcoins.  Burn through your stash fast or bleed it slow.  Your choice.

Owning a gambling site must be very profitable indeed, nice thought. 

Probably the best strategy anyone's mentioned yet! Owning one is the winner!

It would depend largely on the popularity of the gambling site to justify the amount that can be earned. There are legal issues to go through before you can even start a gambling site. That being said, you would still have to code the entire site on your own, pentest it to ensure that there are no vulnerabilities. You have to have a bankroll to start the gambling site, with investments, you need to have the money to cover them if any hacking happens.

[MinerHQ]

The only winning strategy is to be the bank and invest in a dice site, although that still runs the risk of the site getting 'hacked' and stealing all your bitcoins.

The only strategy decision you make with dice sites is how quickly you lose all your bitcoins.  Burn through your stash fast or bleed it slow.  Your choice.

Owning a gambling site must be very profitable indeed, nice thought. 

That is also correct because any way we can't win any money from gambling but can make money from these gambling sites.

[ranlo]

The only winning strategy is to be the bank and invest in a dice site, although that still runs the risk of the site getting 'hacked' and stealing all your bitcoins.

The only strategy decision you make with dice sites is how quickly you lose all your bitcoins.  Burn through your stash fast or bleed it slow.  Your choice.

Owning a gambling site must be very profitable indeed, nice thought. 

That is also correct because any way we can't win any money from gambling but can make money from these gambling sites.

You aren't guaranteed to win just because you own a gambling site. All it takes is one whale to decimate a bankroll, pushing out investors and potentially taking down a casino.

[dre1982]

The only winning strategy is to be the bank and invest in a dice site, although that still runs the risk of the site getting 'hacked' and stealing all your bitcoins.

The only strategy decision you make with dice sites is how quickly you lose all your bitcoins.  Burn through your stash fast or bleed it slow.  Your choice.

Owning a gambling site must be very profitable indeed, nice thought. 

That is also correct because any way we can't win any money from gambling but can make money from these gambling sites.

You aren't guaranteed to win just because you own a gambling site. All it takes is one whale to decimate a bankroll, pushing out investors and potentially taking down a casino.

That's always possible. In that case you should have a low max win at the start up to prevent a whale makes you bankrupt in the first weeks.

[ranochigo]

The only winning strategy is to be the bank and invest in a dice site, although that still runs the risk of the site getting 'hacked' and stealing all your bitcoins.

The only strategy decision you make with dice sites is how quickly you lose all your bitcoins.  Burn through your stash fast or bleed it slow.  Your choice.

Owning a gambling site must be very profitable indeed, nice thought. 

That is also correct because any way we can't win any money from gambling but can make money from these gambling sites.

You aren't guaranteed to win just because you own a gambling site. All it takes is one whale to decimate a bankroll, pushing out investors and potentially taking down a casino.

Set a limit to the max payout. This reduces the impact that can be made by the whale as the whale would be limited in terms of betting amount. Investors aren't stupid, they know that in the long term, other whales can lose their btc thus making them profit. An example of this is nakowa.

[waryh882]

no strategy on dice, maybe have but maybe only 5-10% and 90% luck and provably;;

For me it's hard to win gambling dice, i always lose all my bankroll so i never gambling on dice site anymore, better you gambling on sportsbook.

[angelakay124]

Dice game are quite similar with head and tail game. Usually I try to increase my bet size every time I loss which will equalize my past loss. But this also don't work as when I loss again it will be very hard to get my bet back in total. So I suggest try to roll same size bet for 7-9 times and if you win for about 5 times you will be in profit then leave the game for sometime and try same after some hours.

[FanEagle]

The best solution is divided in steps.
1)owning a casino
2)keep it updated
3)keep updated on forums
4)be friendly with customers
5)offer high quality customer service.
6)giveaways

[alwinlinzee]

There is no permanent winning strategy in the dice game though lately some people are claiming to get it done using some bots but there is no proof on that yet.

[Superhitech]

There is no permanent winning strategy in the dice game though lately some people are claiming to get it done using some bots but there is no proof on that yet.

Bots don't work either. Bots may work on games with no house edge, but not on games with a house edge. The people who claim that the bots are working are probably just lucky so far. Bots do work short term, but will lose eventually in the long term.

[ranlo]

There is no permanent winning strategy in the dice game though lately some people are claiming to get it done using some bots but there is no proof on that yet.

Bots don't work either. Bots may work on games with no house edge, but not on games with a house edge. The people who claim that the bots are working are probably just lucky so far. Bots do work short term, but will lose eventually in the long term.

Even with no house edge, you can't beat the house because you'll hit their cap. It's another form of gambler's fallacy.

[phibay]

There is no permanent winning strategy in the dice game though lately some people are claiming to get it done using some bots but there is no proof on that yet.

Bots don't work either. Bots may work on games with no house edge, but not on games with a house edge. The people who claim that the bots are working are probably just lucky so far. Bots do work short term, but will lose eventually in the long term.

Even with no house edge, you can't beat the house because you'll hit their cap. It's another form of gambler's fallacy.

yes indeed, i remember the time when there was a 0% house edge promotion on crypto-games.net and i thought it will be a good opportunity to grow my bitcoins but i was so wrong. got some profit at first and as usual lose it all eventually its really all about the luck

[birdcat90]

i think until now dice strategy is only a myth..

sometimes its work and sometimes its not so it will not always success....anyone knows chaos strategy? i heard it somewhere..

[lexuz]

i think until now dice strategy is only a myth..

sometimes its work and sometimes its not so it will not always success....anyone knows chaos strategy? i heard it somewhere..

What chaos strategy? Intereted to know about chaos strategy, i hope anyone know and want to share in here

[jpouza]

i think until now dice strategy is only a myth..

sometimes its work and sometimes its not so it will not always success....anyone knows chaos strategy? i heard it somewhere..

What chaos strategy? Intereted to know about chaos strategy, i hope anyone know and want to share in here

Just curious here too, waiting for the explanation 

[ranlo]

i think until now dice strategy is only a myth..

sometimes its work and sometimes its not so it will not always success....anyone knows chaos strategy? i heard it somewhere..

I had never heard of that, and all I can find is this: http://www.gamblersbookcase.com/ChaosBetting/

It seems like another book that just claims it does something so people buy it, then lose their money to both the book and the casino.

[phibay]

i think until now dice strategy is only a myth..

sometimes its work and sometimes its not so it will not always success....anyone knows chaos strategy? i heard it somewhere..

that chaos strategy seems interesting but when i googled it, i can't find a simple and decent explanation all i see is chaos theory and bla bla bla. i really don't like complicated explanations, maybe someone simplify what and how chaos strategy works and post it here.