Bitcoin Forum
May 26, 2024, 03:58:14 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: When do we have to stop before experienced loss?  (Read 1505 times)
amrulshare (OP)
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 546


Monday Hit Me Every week


View Profile
November 30, 2015, 07:56:28 AM
 #1

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
Pony789
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1000



View Profile
November 30, 2015, 08:15:21 AM
 #2

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh

Not entirely sure what you are asking, but it seems you are asking if gambling sites make you lose more often after you have made a profit. If so, the answer is no. Each bet is independent. Also, as long as you are playing on provably fair sites, you can verify the bet results and be sure that they are not rigged.

SvenBomvolen
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


View Profile
November 30, 2015, 08:24:19 AM
 #3

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh

Not entirely sure what you are asking, but it seems you are asking if gambling sites make you lose more often after you have made a profit. If so, the answer is no. Each bet is independent. Also, as long as you are playing on provably fair sites, you can verify the bet results and be sure that they are not rigged.

Exactly like this, every bet is independet so its more like u are gredy. Most of us have that kind of problem just u need to know when is the time to get out.
ranochigo
Legendary
*
Offline Offline

Activity: 2982
Merit: 4193



View Profile
November 30, 2015, 08:31:35 AM
 #4

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh
No. In a provably fair casino, user can set a variable which can affect the result. Another variable is decided by them while the nonce increases after each bet. Due to the nature of hashing algorithms like SHA512, it is impossible for them to change the server seed without affecting the hash. To prevent casino from cheating, you need to change the seed often and note them before starting to bet, verify your results after your session by using an opensourced tool.

Gambling site has an house edge which gives the house an advantage to win and hence a user can expect to lose at least 1% of their wagered BTC in the long run.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
FX_Trader
Full Member
***
Offline Offline

Activity: 182
Merit: 100



View Profile
November 30, 2015, 08:35:43 AM
 #5

Well, make a goal, fill it, go.
oryeger
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
November 30, 2015, 08:36:54 AM
 #6

Well often sports bookies will limit users to a certain max bet value, does it happen in dices? I have no clue but I can guess that no because it's a game of luck more then skill (sports betting takes some skill).
cjmoles
Legendary
*
Offline Offline

Activity: 1176
Merit: 1016


View Profile WWW
November 30, 2015, 08:58:39 AM
Last edit: November 30, 2015, 10:09:35 AM by cjmoles
 #7

Many times, when one plays games of chance, it feels like we experience a string of losses after a substantial string of wins.  And, it "feels" like the game is being manipulated, but most of the time that "feeling" that we're being manipulated is just the product of variance.  In the long run, the casino will win if it as an edge... so...if you get lucky, get out and come back later.
amrulshare (OP)
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 546


Monday Hit Me Every week


View Profile
November 30, 2015, 09:01:04 AM
 #8

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh
No. In a provably fair casino, user can set a variable which can affect the result. Another variable is decided by them while the nonce increases after each bet. Due to the nature of hashing algorithms like SHA512, it is impossible for them to change the server seed without affecting the hash. To prevent casino from cheating, you need to change the seed often and note them before starting to bet, verify your results after your session by using an opensourced tool.

Gambling site has an house edge which gives the house an advantage to win and hence a user can expect to lose at least 1% of their wagered BTC in the long run.
so like that, it means all gambling sites use hashing algorithms like SHA512. and how do I know that the site is using a hashing algorithms like SHA512?

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
ranochigo
Legendary
*
Offline Offline

Activity: 2982
Merit: 4193



View Profile
November 30, 2015, 09:10:30 AM
 #9

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh
No. In a provably fair casino, user can set a variable which can affect the result. Another variable is decided by them while the nonce increases after each bet. Due to the nature of hashing algorithms like SHA512, it is impossible for them to change the server seed without affecting the hash. To prevent casino from cheating, you need to change the seed often and note them before starting to bet, verify your results after your session by using an opensourced tool.

Gambling site has an house edge which gives the house an advantage to win and hence a user can expect to lose at least 1% of their wagered BTC in the long run.
so like that, it means all gambling sites use hashing algorithms like SHA512. and how do I know that the site is using a hashing algorithms like SHA512?
Not all uses the same provably fair system. Which dice site are you using? Moneypot uses SHA256, Justdice and primedice uses SHA512. But nearly all of them have the same theory, allowing users to set a client seed to make sure that they aren't intentionally making the result as bad as possible.

There should be a page explaining this on your dice site. If not, try to find it elsewhere and make sure that you can verify all the results. If not, stop using it immediately.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
amrulshare (OP)
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 546


Monday Hit Me Every week


View Profile
November 30, 2015, 09:22:08 AM
 #10

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh
No. In a provably fair casino, user can set a variable which can affect the result. Another variable is decided by them while the nonce increases after each bet. Due to the nature of hashing algorithms like SHA512, it is impossible for them to change the server seed without affecting the hash. To prevent casino from cheating, you need to change the seed often and note them before starting to bet, verify your results after your session by using an opensourced tool.

Gambling site has an house edge which gives the house an advantage to win and hence a user can expect to lose at least 1% of their wagered BTC in the long run.
so like that, it means all gambling sites use hashing algorithms like SHA512. and how do I know that the site is using a hashing algorithms like SHA512?
Not all uses the same provably fair system. Which dice site are you using? Moneypot uses SHA256, Justdice and primedice uses SHA512. But nearly all of them have the same theory, allowing users to set a client seed to make sure that they aren't intentionally making the result as bad as possible.

There should be a page explaining this on your dice site. If not, try to find it elsewhere and make sure that you can verify all the results. If not, stop using it immediately.
okay, thanks for your opinion, may I be careful that I do not experience substantial losses in a gambling site  Smiley

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
kpitti
Legendary
*
Offline Offline

Activity: 924
Merit: 1002



View Profile
November 30, 2015, 10:01:58 AM
 #11

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh
No. In a provably fair casino, user can set a variable which can affect the result. Another variable is decided by them while the nonce increases after each bet. Due to the nature of hashing algorithms like SHA512, it is impossible for them to change the server seed without affecting the hash. To prevent casino from cheating, you need to change the seed often and note them before starting to bet, verify your results after your session by using an opensourced tool.

Gambling site has an house edge which gives the house an advantage to win and hence a user can expect to lose at least 1% of their wagered BTC in the long run.
so like that, it means all gambling sites use hashing algorithms like SHA512. and how do I know that the site is using a hashing algorithms like SHA512?
Not all uses the same provably fair system. Which dice site are you using? Moneypot uses SHA256, Justdice and primedice uses SHA512. But nearly all of them have the same theory, allowing users to set a client seed to make sure that they aren't intentionally making the result as bad as possible.

There should be a page explaining this on your dice site. If not, try to find it elsewhere and make sure that you can verify all the results. If not, stop using it immediately.
okay, thanks for your opinion, may I be careful that I do not experience substantial losses in a gambling site  Smiley
This is realy vise to check if Gambling side is trustable. But I would advice you to be prepared for substantial losses as luck is luck. Anyway good luck to you.
yahoo62278
Legendary
*
Online Online

Activity: 3612
Merit: 4435



View Profile
November 30, 2015, 10:07:22 AM
 #12

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh

Gambling sites dont limit anyone on any wins man. Ive won 3btc in 1 day and ive lost big amounts also. Everything on dice is completely random. The question you need to ask yourself is are you lucky that day? Or if you get up how much do you need to win before stopping?

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
tn211
Hero Member
*****
Offline Offline

Activity: 778
Merit: 500


View Profile
November 30, 2015, 10:24:36 AM
 #13

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh

Gambling sites dont limit anyone on any wins man. Ive won 3btc in 1 day and ive lost big amounts also. Everything on dice is completely random. The question you need to ask yourself is are you lucky that day? Or if you get up how much do you need to win before stopping?

Nice answer and question by the way. Yeah with dice is just random I don't like that much. Just read your horoscope maybe that day you will be lucky: Tongue
amrulshare (OP)
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 546


Monday Hit Me Every week


View Profile
November 30, 2015, 10:32:18 AM
 #14

during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh

Gambling sites do not limit anyone on any wins man. Ive won 3btc in 1 day and ive lost big amounts also. Everything on dice is completely random. The question you need to ask yourself is are you lucky that day? Or if you get up how much do you need to win before stopping?

Nice answer and question by the way. Yeah with dice is just random I don't like that much. Just read your horoscope maybe that day you will be lucky: Tongue
What does gambling With horoscope?
This is not a prophecy self-gambling

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
jt byte
Hero Member
*****
Offline Offline

Activity: 994
Merit: 500



View Profile
November 30, 2015, 11:22:49 AM
 #15

Hmm when you lose the second time than just stop, because I just bet the second time you will lose it.
Just paly poker, because there you can only lose once Tongue every game you play.
shadobitz
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500



View Profile
November 30, 2015, 01:43:56 PM
 #16

Hmm when you lose the second time than just stop, because I just bet the second time you will lose it.
Just paly poker, because there you can only lose once Tongue every game you play.

Are you sure it is easy for someone to make stop himself after losing continuously it is really hard for any person to give up after lose 2nd or 3rd time.
amrulshare (OP)
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 546


Monday Hit Me Every week


View Profile
November 30, 2015, 01:49:15 PM
 #17

Hmm when you lose the second time than just stop, because I just bet the second time you will lose it.
Just paly poker, because there you can only lose once Tongue every game you play.

Are you sure it is easy for someone to make stop himself after losing continuously it is really hard for any person to give up after lose 2nd or 3rd time.
yeah, I agree, I also hard to control myself to stop when I've profit. I also do not understand Smiley

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
shanem
Legendary
*
Offline Offline

Activity: 1344
Merit: 1000



View Profile
November 30, 2015, 02:24:31 PM
 #18

The best method is to stop gambling. Sure, you may reach your target and cashout with your winnings but eventually you will lose all your capital in gambling.

     

            █           
           ██           
          ██████         
         ████████         
        ██████████       
       ████████████       
      ██████████████     
     ████████████████     
    ██████████████████   
   ████████████████████   
  ██████████▀▀██████████ 
 ███▀▄████▀    ▀████▄▀███
██▀ ▄██▀▀        ▀▀██▄ ▀██
 

░▄███████████▄░░░▄███████████▄░░▄███▄░░░░░░▄███▄░░▄██████████▄░░░████████████████░░░░██████████░░░░███████████████░░█████████████████
█████░░░░░░░███░████▀░░░░░▀████░█████▄░░░░▄█████░███▀░░░░░░▀███░███░░░░████░░░███░░███░░░░░░░░██░░███░░░░░░░░░░░███░███████░░░░██████
█████░░░░░░░███░████░░░░░░░████░▀█████▄░░▄█████▀░███░░░░░░░░███░███░░░░████░░███░░░███░░░██░░░███░███░░░██████░░███░░░░░███░░░░██░░░░
█████░░░░░░░░░░░████░░░░░░░████░░▀█████░░█████▀░░███░░░░░░░░███░███░░░░███░░░███░░░███░░████░░███░███░░░██████░░███░░░░░███░░░░██░░░░
█████░░░░░░░░░░░████░░░░░░█████░░░▀████▄▄████▀░░░███▄░░░░░░▄███░███░░░░███░░███░░░░██░░░████░░███░███░░░░░░░░░░███▀░░░░░███░░░░██░░░░
█████░░░░░░░░░░░██████████████░░░░░▀████████▀░░░░████████████▀░░███░░░░░░░░░███░░░███░░░████░░░██░███░░░█████████░░░░░░░███░░░░██░░░░
█████░░░░░░░███░████░░░░░░░████▄░░░░████████░░░░░███████░░░░░░░░███░░░░███░░░███░░██░░░░░░░░░░░██░███░░░░░░░░░░███▄░░░░░███░░░░██░░░░
█████░░░░░░░███░████░░░░░░░█████░░░░████████░░░░░███████░░░░░░░░███░░░░████░░░███░██░░░░████░░░░█░███░░░█████▄░░███░░░░░███░░░░██░░░░
███████████████░████░░░░░░░█████░░░░████████░░░░░███████░░░░░░░░███░░░░████░░░░██░██░░░██████░░░█░███░░░██████░░███░░░░░███░░░░██░░░░
░▀███████████▀░░░███░░░░░░░████░░░░░░██████░░░░░░░██████░░░░░░░░░████████████████░███████████████░░███████████████░░░░░░█████████░░░░
|
▂▃▅ Quick buy and sell bitcoins online. Fast and secure ▅▃▂
Facebook】【Twitter】【Telegram】【Medium】【Instagram
|
safari88
Legendary
*
Offline Offline

Activity: 1960
Merit: 1026



View Profile
November 30, 2015, 02:28:39 PM
 #19

you want to stop before you lose? try to control your emotions not to be greedy and you should have a target when to stop Smiley

.
..1xBit.com   Super Six..
▄█████████████▄
████████████▀▀▀
█████████████▄
█████████▌▀████
██████████  ▀██
██████████▌   ▀
████████████▄▄
███████████████
███████████████
███████████████
███████████████
███████████████
▀██████████████
███████████████
█████████████▀
█████▀▀       
███▀ ▄███     ▄
██▄▄████▌    ▄█
████████       
████████▌     
█████████    ▐█
██████████   ▐█
███████▀▀   ▄██
███▀   ▄▄▄█████
███ ▄██████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████▀▀▀█
██████████     
███████████▄▄▄█
███████████████
███████████████
███████████████
███████████████
███████████████
         ▄█████
        ▄██████
       ▄███████
      ▄████████
     ▄█████████
    ▄███████
   ▄███████████
  ▄████████████
 ▄█████████████
▄██████████████
  ▀▀███████████
      ▀▀███
████
          ▀▀
          ▄▄██▌
      ▄▄███████
     █████████▀

 ▄██▄▄▀▀██▀▀
▄██████     ▄▄▄
███████   ▄█▄ ▄
▀██████   █  ▀█
 ▀▀▀
    ▀▄▄█▀
▄▄█████▄    ▀▀▀
 ▀████████
   ▀█████▀ ████
      ▀▀▀ █████
          █████
       ▄  █▄▄ █ ▄
     ▀▄██▀▀▀▀▀▀▀▀
      ▀ ▄▄█████▄█▄▄
    ▄ ▄███▀    ▀▀ ▀▀▄
  ▄██▄███▄ ▀▀▀▀▄  ▄▄
  ▄████████▄▄▄▄▄█▄▄▄██
 ████████████▀▀    █ ▐█
██████████████▄ ▄▄▀██▄██
 ▐██████████████    ▄███
  ████▀████████████▄███▀
  ▀█▀  ▐█████████████▀
       ▐████████████▀
       ▀█████▀▀▀ █▀
.
Premier League
LaLiga
Serie A
.
Bundesliga
Ligue 1
Primeira Liga
.
..TAKE PART..
Echye
Full Member
***
Offline Offline

Activity: 149
Merit: 100


View Profile
November 30, 2015, 02:36:55 PM
 #20

Dice have no memory, remember that the next time you bet.
Pages: [1] 2 3 »  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!