Best way to complete wagering requirement without losing to the House?

[ndnh]

@Dice.

So, I got this cash back promo of 613 mBTC with a 100x wagering requirement. I got my balance up to some 1100 before getting to a big bad losing streak.. What do you think is the best way not to lose it? (Forget profit)


22548.12316 / 61375.556 (37%) lost



Rule 1. Never bet higher than 5% of the bankroll.

Bets before game over:
419.94073   1.36X          -419.94073
201.89458   1.36X          +72.68204
201.89458   1.36X          -201.89458
403.78917   1.18X          +72.68205
403           1.18X          +72.68205
456           1.18X          -456.00000
114           1.18X          -114.00000

Rule 2. Don't aim for profit. Don't chase losses.

Rule 3.


Strategy.
1. Bet at super low multipliers?

[1715443614]

1715443614

[panjul07]

You got a nice cash back but unfortunately the wagering requirement is quite high IMO. Well, this is what I always do on playing just to wager (not for profit) : betting on 2x payout without increasing the bet amount on lose. Of course it is not a guaranteed strategy that you'll complete the wagering, but I think it is the safest way to minimize losing streak.
i.e bet 0.01 with auto betting so you'll need 6310 bets to complete the rollover. Less bet amount with more bets required is better than doing martingale.

[shulio]

@Dice.

So, I got this cash back promo of 613 mBTC with a 100x wagering requirement. I got my balance up to some 1100 before getting to a big bad losing streak.. What do you think is the best way not to lose it? (Forget profit)


22548.12316 / 61375.556 (37%) lost



Rule 1. Never bet higher than 5% of the bankroll.

Bets before game over:
419.94073   1.36X          -419.94073
201.89458   1.36X          +72.68204
201.89458   1.36X          -201.89458
403.78917   1.18X          +72.68205
403           1.18X          +72.68205
456           1.18X          -456.00000
114           1.18X          -114.00000

Rule 2. Don't aim for profit. Don't chase losses.

Rule 3.


Strategy.
1. Bet at super low multipliers?

May I know what site offer cashback with wager requirement? thats very crazy. Cashback should be cashback and dont need a wager requirement. I will recommend you to play with the lowest multiplier because it is the safest

[edmundduke]

Low multipliers usually are the best for wagered but its still really risky. For it to work i guess best would be a combination of both riskier and lower multiplier bets. Run a x1.1 for a while and then switch it up after a while, maybe to x10 or x100 after you see you haven't hit any of those in a long time.

[medUSA]

So, I got this cash back promo of 613 mBTC with a 100x wagering requirement. I got my balance up to some 1100 before getting to a big bad losing streak.. What do you think is the best way not to lose it? (Forget profit)
Strategy.
1. Bet at super low multipliers?

Don't bet with low multipliers. It is very difficult to win back capital with 1 unlucky loss.

I would bet x2 (50-50) very very low bets, many many times. You will loose roughly half but also win back the other half. The expected losses is the house edge. It WILL take a long time to meet your wagering requirement. At the same time, you will not loose much of the capital.

[cazkooo]

So, I got this cash back promo of 613 mBTC with a 100x wagering requirement. I got my balance up to some 1100 before getting to a big bad losing streak.. What do you think is the best way not to lose it? (Forget profit)
Strategy.
1. Bet at super low multipliers?

Don't bet with low multipliers. It is very difficult to win back capital with 1 unlucky loss.

I would bet x2 (50-50) very very low bets, many many times. You will loose roughly half but also win back the other half. The expected losses is the house edge. It WILL take a long time to meet your wagering requirement. At the same time, you will not loose much of the capital.

After I calculate this then I think is almost impossible unless you are very lucky, 100x is 61.3 btc and the house edge of the site is mostly 1 % so unless you win alot then using a strategy by wagering small and hope you reach it is a bad strategy. The best strategy is to play and try to make that 613 to be atleast double to be safe

[StevenLiang]

@Dice.

So, I got this cash back promo of 613 mBTC with a 100x wagering requirement. I got my balance up to some 1100 before getting to a big bad losing streak.. What do you think is the best way not to lose it? (Forget profit)


22548.12316 / 61375.556 (37%) lost



Rule 1. Never bet higher than 5% of the bankroll.

Bets before game over:
419.94073   1.36X          -419.94073
201.89458   1.36X          +72.68204
201.89458   1.36X          -201.89458
403.78917   1.18X          +72.68205
403           1.18X          +72.68205
456           1.18X          -456.00000
114           1.18X          -114.00000

Rule 2. Don't aim for profit. Don't chase losses.

Rule 3.


Strategy.
1. Bet at super low multipliers?

I really agree with your first rule. Never bet higher than 5% of the bankroll.

Usually i always got lose streak when i got some small amount of lose. And it become more worst when i bet more than 5% of my bankroll.
It's not just on Dice, but for all type of gamble. Keep bet lower and lower.

And you will find rule number 2 when you already had a lot experienced on gamble (whether on sportbooks, poker, dice, blackjack or etc)

[cazkooo]

So, I got this cash back promo of 613 mBTC with a 100x wagering requirement. I got my balance up to some 1100 before getting to a big bad losing streak.. What do you think is the best way not to lose it? (Forget profit)
Strategy.
1. Bet at super low multipliers?

Don't bet with low multipliers. It is very difficult to win back capital with 1 unlucky loss.

I would bet x2 (50-50) very very low bets, many many times. You will loose roughly half but also win back the other half. The expected losses is the house edge. It WILL take a long time to meet your wagering requirement. At the same time, you will not loose much of the capital.

After I calculate this then I think is almost impossible unless you are very lucky, 100x is 61.3 btc and the house edge of the site is mostly 1 % so unless you win alot then using a strategy by wagering small and hope you reach it is a bad strategy. The best strategy is to play and try to make that 613 to be atleast double to be safe

Double money in dice game.
1. Visit -----------------
2. Play on 2x game and try your luck
3a. If win, just stop and wait untill tomorrow.
3b. if lose, just stop and wait unti tomorrow.

Actually this is the best efficient way to play on Dice.

You should learn to read before you post and dont shamelessly advertise the site in your signature here. No one is asking about this stuff and Im calculating the chance to success using medusa's strategy because it is impossible to do so.

[Bitinity]

So, I got this cash back promo of 613 mBTC with a 100x wagering requirement. I got my balance up to some 1100 before getting to a big bad losing streak.. What do you think is the best way not to lose it? (Forget profit)
Strategy.
1. Bet at super low multipliers?

Don't bet with low multipliers. It is very difficult to win back capital with 1 unlucky loss.

I would bet x2 (50-50) very very low bets, many many times. You will loose roughly half but also win back the other half. The expected losses is the house edge. It WILL take a long time to meet your wagering requirement. At the same time, you will not loose much of the capital.

After I calculate this then I think is almost impossible unless you are very lucky, 100x is 61.3 btc and the house edge of the site is mostly 1 % so unless you win alot then using a strategy by wagering small and hope you reach it is a bad strategy. The best strategy is to play and try to make that 613 to be atleast double to be safe

You said doubling the amount first to make it safe, So what is the strategy to double the 631mbtc? Will you bet it all in on 1 roll or use martingale?  I have to agree to bet on x2 with small amount because the main purpose is just to complete wagering not for profit.

[Nimbulan]

i dont think that it is possible as casinos wouldnt give bonuses then if it would be easy to complete

[ndnh]

Theoretically, I guess whichever strategy we pick the effect is the same. Higher bets at lower multiplier would have a higher risk to the player.

EV is ~98.1%. So after a 100x wager, the player would have 14.68% (that is, 0.981**100 = 0.146859058) left?

Which would imply that going all-in 100 times at the highest possible win chance is the fastest and therefore, the best way (only difference being time) to get there?

[Dennis7777]

Which would imply that going all-in 100 times at the highest possible win chance is the fastest and therefore, the best way (only difference being time) to get there?

You have forgotten that your balance will grow if the bet wins, so you don't actually need to do it 100 times to achieve a 100x rollover requirement. For example if the bet multiplier is x1.01, you only need to do it 70 times. I am not sure about the best way, but the fastest way should be to do one all-in x50 bet and do another all-in bet with whatever multiplier.

[Corealz]

There is really no way to do it 100%. I would try dice at low mulipliers but the odds are against you in the long run. That is a very high wager requirement.

[ndnh]

Which would imply that going all-in 100 times at the highest possible win chance is the fastest and therefore, the best way (only difference being time) to get there?

You have forgotten that your balance will grow if the bet wins, so you don't actually need to do it 100 times to achieve a 100x rollover requirement. For example if the bet multiplier is x1.01, you only need to do it 70 times. I am not sure about the best way, but the fastest way should be to do one all-in x50 bet and do another all-in bet with whatever multiplier.

Yep, 70 rolls if we are going all-in after every roll. Thanks

26,111421574% chance.

[Erza]

@Dice.

So, I got this cash back promo of 613 mBTC with a 100x wagering requirement. I got my balance up to some 1100 before getting to a big bad losing streak.. What do you think is the best way not to lose it? (Forget profit)


22548.12316 / 61375.556 (37%) lost



Rule 1. Never bet higher than 5% of the bankroll.

Bets before game over:
419.94073   1.36X          -419.94073
201.89458   1.36X          +72.68204
201.89458   1.36X          -201.89458
403.78917   1.18X          +72.68205
403           1.18X          +72.68205
456           1.18X          -456.00000
114           1.18X          -114.00000

Rule 2. Don't aim for profit. Don't chase losses.

Rule 3.


Strategy.
1. Bet at super low multipliers?

I think you should not use low multiplier because sometimes you will busted it before you can double your coin.
Everyone sure want to profit but you need to set some goal before you really play it or you will end up losing all of it if you dont set it

[bank of bits]

choose bet super low multplier 1.01 also less good, I've used it and instead reduces a lot of balance

I am also confused, because during the Wager competition, I always lose