Make a living out of Satoshi Mines?

[Shogen]

Guys everything in life is a risk. When you start a business you know it has a failure rate and you risk money. Gambling is the same but the bad thing is you don't have the edge.

Anways I was just asking. I dont know much about the mines but I know that any other form of gambling is loosing money.

Sorry to tell you that satoshimines also gives you a negative EV, just like the other forms of gambling. Their house edge is different depending on the setups, but it is always there. For example, if you play the 1-mine game for just 1 step, you will get 104% return with 96% chance which gives you a EV of 99.84%. If you play the 24-mine game, you will get x24.04 return with 4% chance which gives you a EV of 96.16%.

[phibay]

that's the best way.... the best way to lose you bitcoins quickly. you seem familiar? are you the guy who's tracking down robitbot and other ponzis that scammed you? anyway i don't suggest making a living with satoshi mines and even in all gambling games, but i know you are a risk taker so why not try your luck on gambling just dont depend on strategies.

[fruito]

Fast way to win some bits, if you have a great luck on x3/x5 but if you play only with x1 bomb you will got nothing(if you play with small amount)

[ajareselde]

Guys everything in life is a risk. When you start a business you know it has a failure rate and you risk money. Gambling is the same but the bad thing is you don't have the edge.

Anways I was just asking. I dont know much about the mines but I know that any other form of gambling is loosing money.

Owning a business and gambling shouldn't be compared to one another that easily. You should never place faith that you will make a living out of your gambling,
regardless of weather it's a dice, casino, mines or anything gambling related.

If you want to make a smarter investment, maybe you should consider investing in a gambling site, rather than just being a normal user, as the odds would be better for you then.

cheers

[rizkyhiw]

ahhh i have thought like this, first i can make 0.02 daily with 0.09 bankroll in a week, i repeating my method and work.
but everything messed up when i get lost 0.09 in three days consecutively lol until i start thinking that this is actually the house edge work
so don't expect make a living in gambling include this satoshimines.

[LFC_Bitcoin]

Hey there,

Is it possible to make steady money in Satoshi Mines? Using a good strategy and maybe a bot, or it's better to play manually with a strategy? I have a big bankroll to put in.

My starting bankroll would be around 3 BTC minimum, I am looking for 1 BTC daily.

Thanks

Very doubtful, it's probably impossible to guarantee a daily 1 bitcoin profit on Satoshi Mines.

[virtualx]

Hey there,

Is it possible to make steady money in Satoshi Mines? Using a good strategy and maybe a bot, or it's better to play manually with a strategy? I have a big bankroll to put in.

My starting bankroll would be around 3 BTC minimum, I am looking for 1 BTC daily.

Thanks

Good question. Usually casino games have a house edge. The game is a game of chance, can you use the strategy to win big for a long period of time?   To answer this I'd have to work out the math, program a simulator and run a lot of simulations. After doing that I could give you a deterministic answer.

I have a strategy for the dice game, which I used to make some nice profit, no loss before ever. A modified version of this strategy may be as successful as my dice strategy.

[Dannie]

I have a strategy for the dice game, which I used to make some nice profit, no loss before ever. A modified version of this strategy may be as successful as my dice strategy.

If you really have a strategy that gives you certain profit, you should be winning huge amount of bitcoin and dice sites should have gone bankrupt. So how much have you won in total? 1000 btc?

[hua_hui]

I have a strategy for the dice game, which I used to make some nice profit, no loss before ever. A modified version of this strategy may be as successful as my dice strategy.

If you really have a strategy that gives you certain profit, you should be winning huge amount of bitcoin and dice sites should have gone bankrupt. So how much have you won in total? 1000 btc?

yah if u have a strategy den u should exploit it. however, i believe that this stragety is same as other stragety, just to reduce the risky. u may have a lot of small gains but when u lose, you will lose very big. so u may have 10 or even 100 times profit but one unlucky day u may give it all back.

[mtnsaa]

Gambling should be just for fun. If you want to be a pro it's possible but you will also need skill, for example in Poker or Sports Betting, daily fantasy for example is also a new way where a few selected people make a living.

[Superhitech]

Hey there,

Is it possible to make steady money in Satoshi Mines? Using a good strategy and maybe a bot, or it's better to play manually with a strategy? I have a big bankroll to put in.

My starting bankroll would be around 3 BTC minimum, I am looking for 1 BTC daily.

Thanks

Good question. Usually casino games have a house edge. The game is a game of chance, can you use the strategy to win big for a long period of time?   To answer this I'd have to work out the math, program a simulator and run a lot of simulations. After doing that I could give you a deterministic answer.

I have a strategy for the dice game, which I used to make some nice profit, no loss before ever. A modified version of this strategy may be as successful as my dice strategy.

Is your strategy a guaranteed way to win, or are you just lowering the odds of losing? Even with lowered losing odds, you will have a better chance of winning, but unless you are extremely lucky, you won't continue to win in the long term.

Are you willing to share your strategy here?

[justspare]

No... Gambling is gambling. It's not a way to make a living out of.

Besides, there is no real strategy for satoshi mines. I'm not aware of any betting bots for it either, so betting will not be automatic and that might take up a long time.

[Superhitech]

No... Gambling is gambling. It's not a way to make a living out of.

There are some professional gamblers in the world who play poker (such as this guy and there are also some others) or bet on sports and make a living out of it, so this statement isn't entirely correct.

However, you never hear about professional dice players or professional satoshi mines players because you can't make a living out of a game with a house edge.

[Erza]

that's the best way.... the best way to lose you bitcoins quickly. you seem familiar? are you the guy who's tracking down robitbot and other ponzis that scammed you? anyway i don't suggest making a living with satoshi mines and even in all gambling games, but i know you are a risk taker so why not try your luck on gambling just dont depend on strategies.

You can make living using such as gambling game but not all games. May be poker and sportbetting if I can recommend but this is not always profit too sometimes you will lose too thats why you need something like emergency funds just incase you busted all in gambling. But if pro player I dont think they will busted all because they will think about their next future. Anyway you suggest him not to play gambling but in the end you are asking him to play. Your sentence are so contrary

[hitlerbitcoin]

if you play Gambling alone i am not sure you will get profit or not its 50 - 50. But if you play with your friends and make good strategy i am sure you will make some profit.

[virtualx]

I have a strategy for the dice game, which I used to make some nice profit, no loss before ever. A modified version of this strategy may be as successful as my dice strategy.

If you really have a strategy that gives you certain profit, you should be winning huge amount of bitcoin and dice sites should have gone bankrupt. So how much have you won in total? 1000 btc?

yah if u have a strategy den u should exploit it. however, i believe that this stragety is same as other stragety, just to reduce the risky. u may have a lot of small gains but when u lose, you will lose very big. so u may have 10 or even 100 times profit but one unlucky day u may give it all back.

This strategy for dice I made is sadly not working in long term. Otherwise I would never tell anybody  If you use my strategy you can get 10% to 60% of your initial investment. To make 1000 btc with this strategy, you need to have somewhere around 8000btc-10.000 btc.  In this algorithm the amount of profit depends on the amount of initial investment. You should have several iterations with this algorithm but no more than 25.  In long term you will lose with this strategy because of house edge.

Satoshi Mines is not dice however. The rules are different so I'm no sure if same strategy works here.

[hitlerbitcoin]

There is a game in Gambling called 3 card Poker, Here you can make some money but you need some strategy plans like you need people who you trust more. they should be good in mathematical calculations then make plan how to play. i am sure you definitely make some money it works for me.  


 

[Patatas]

If you achieve the milestone of 1BTC daily I'm sure you can make lavish living out of it! But losing on your bankroll will have some long term drawbacks.You have to be extra smart and extra careful because using a bot might just end up banning the account,you never know ! I don't think its impossible but its highly risky!

[darkangel11]

If you achieve the milestone of 1BTC daily I'm sure you can make lavish living out of it! But losing on your bankroll will have some long term drawbacks.You have to be extra smart and extra careful because using a bot might just end up banning the account,you never know ! I don't think its impossible but its highly risky!

Why such a sum? 1btc? Wtf? That's almost $400 a day! With money like that you'd not only make a living but become filthy rich in a couple months.

To make a living in most countries you'd just need a minimum of $500 a month and twice that if you had a family to support.

[SyGambler]

don't let your dream go big , cause it's impossible to make a living playing -EV games such Satoshi Mines
save your 3 BTC and try to learn poker , cause in poker you may grow your capital and start to make daily profit while in -EV games you will face a day that will cost you all of the money you won before + your starting bankroll