Make a living out of Satoshi Mines?

[ClashBit]

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

[yahoo62278]

If you figure out a way to make 1btc daily pm me because im not sure thats really possible. The site couldnt stay in business very long if someone knew how to consistently make that amount n share it with a few ppl

[ClashBit]

Well, but probably many people loose their money. It's like casinos. They are players than win a lot and many that loose a lot.

[jacee]

I really don't get it how people make a living from gambling alone. Unless you have a big amount of btc to risk then maybe you can win a big profit. I don't think that there is really a strategy tho, I have seen some people claiming that their strategy works and have gained frofit with it but I never tried it. IMO you shouldn't think that gambling can make you a living. You can always find a better and with less risky way of making a living here online.

[Michael Scofield]

I'll give you a strategy that works :-)
Got me from 96k to 403k within minutes

[krunox123]

- snip -

No, there is no way you can make a living through gambling. It is impossible for you to make a living with Satoshi Mines because to do so you will have to always win which require you to have a lot of luck.
It is possible to make 1BTC daily, but not through gambling.

[paka]

No, you won't be making 1btc daily maybe even with your first try you are going to lose your 3BTC. There is no guaranteed strategy to make you a 1BTC daily and if that strategy exists there will be no poor people in the world.

[iv4n]

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

Well I think u ask to much for beggining. I think its possible to make 20 $ daily with 3 BTC bankroll for gambling. And I believe more in dices, roulette then in mines (its just my thinking and I played both). Like people say there is no strategy in gambling, if u play progressive u will lose in long run. Try to make your own strategy and be satisfied with 10 - 20 dollars daily in beggining, after that if u are sure in yourself try for more. Some people say that is easy to lose all what u have and they are right, but also u create your own destiny so take it easy and play smart. I wish u good luck.

[JumperX]

I'll give you a strategy that works :-)
Got me from 96k to 403k within minutes

there is no strategy on gambling that will give you sure profit even on the very low odds of betting, the only reason behind your winnings is PURE LUCK, luck might come off someday but just my suggestion is dont push your luck too hard or if will bring a not good effect on you

[harizen]

I'll give you a strategy that works :-)
Got me from 96k to 403k within minutes

Do you think it can support your living?

If yes support your answer.

To the OP, why bother to waste that money in a gambling site to make a steady money. Make real life business with that money instead.

[erwin45hacked]

I'll give you a strategy that works :-)
Got me from 96k to 403k within minutes

If you are a real gambler then you know that there are no strategy that works if you are gambling , there are only some lucky variances. Eventually it will flat out and you will lose whatever you win so dont advertise things like this in the future

[koshgel]

I really doubt you could make a living. You might have had success a few times but in the long run you will probably come out even or down.

It seems so easy when you are winning but losing comes just as easily.

[yahoo62278]

Alot of you are correct, especially when talking about users posting strategies that they swear work. Yes it has worked for them at that time but if they repeatedly keep playing the same strategy odds are the house edge catches up n they will bust.

[adaseb]

Wondering what is with the SatoshiMines threads lately. Seems to be picking up alot of interest. I will probably go and check it out.

[raaajlucky]

I don't think any strategy will work to make a living with gambling. I don't believe in this.

[ClashBit]

Hello to everyone, thanks for your replies. I am sorry but the title is not correct as I wanted to put something like 'Make steady' I have several online businesses which brings me money every month and I can say I can gamble 4-5 BTC for fun each month. I have seen some strategies on Satoshi Mines that is why im asking if its possible to grow them there. My businesses are not in BTC, they are all fiat.

[P4ndoraBox7]

why satoshi fake mining when you can really mine on hashnest...

[RHavar]

Hello to everyone, thanks for your replies. I am sorry but the title is not correct as I wanted to put something like 'Make steady' I have several online businesses which brings me money every month and I can say I can gamble 4-5 BTC for fun each month. I have seen some strategies on Satoshi Mines that is why im asking if its possible to grow them there. My businesses are not in BTC, they are all fiat.

The absolute best strategy possible would be able to turn your expected loss of 1% into around a loss of ~0.7% (but only by reducing the amount you actually wager, for the same sort of sort of style bet you wanted). With a large enough bankroll, you can easily have a high probability of making your desired 1 BTC a day (but it comes with a small probability of losing a much larger amount), making the whole thing -EV, and a good way to lose money.

If you're actually trying to make money, you first need to find things that have the possibility of being +EV. Types of bets I know that have that possibility:

  * Poker
  * PevPot  (mine)
  * Bustabit  (mine)
  * Taking advantage of promotions (esp. by sites that can't do maths, e.g. speeddice affiliate program is ridiculously +EV (until they realize it, and shut it down, possibly with your money))
  * Card games when they don't reshuffle enough (esp. blackjack)
  * Some physical video poker machines with perfect play
  * Sports Betting (Superhitech's suggestion) if you're more accurate than the book maker / market


..and then once you find something +EV, you need to manage your bankroll well enough that you don't get wiped out by bad luck. (Rule of thumb for most style of bets: If you find something +EV 0.1%, never bet more than 0.1% of your bankroll)

[Superhitech]

why satoshi fake mining when you can really mine on hashnest...

Satoshi mines isn't "mining", at all. Hashnest is a form of mining (cloud mining) but isn't really mining either. It could be possible to make a profit with cloud mining, but it's a risk.

OP, if you do decide to invest in cloud mining, see this thread beforehand: https://bitcointalk.org/index.php?topic=878387.0

Hello to everyone, thanks for your replies. I am sorry but the title is not correct as I wanted to put something like 'Make steady' I have several online businesses which brings me money every month and I can say I can gamble 4-5 BTC for fun each month. I have seen some strategies on Satoshi Mines that is why im asking if its possible to grow them there. My businesses are not in BTC, they are all fiat.

The absolute best strategy possible would be able to turn your expected loss of 1% into around a loss of ~0.7% (by the amount you turn over). But that's still not going to come close to be profitable, despite the fact you can easily have a high probability of making your desired 1 BTC a day (but it comes with a small probability of losing a much larger amount, making the whole thing -EV).

If you're actually trying to make money, you first need to find things that have the possibility of being +EV. The things I know that have that possibility:

  * Poker
  * PevPot  (mine)
  * Bustabit  (mine)
  * Taking advantage of promotions (esp. by sites that can't do maths, e.g. speeddice affiliate program is ridiculously +EV (until they realize it, and shut it down, possibly with your money))
  * Card games when they don't reshuffle
  * Some physical video poker machines with perfect play

I think this is the best answer on the thread so far. You can't really make a living off satoshi mines in the long run.

Also, to add to the list, if you watch a lot of sports and you are decent at guessing which teams will win, etc., you could try sports betting.

Personally, I think instead of gambling, you should try and invest or start a business to make an income. Good luck!

[paka]

I'll give you a strategy that works :-)
Got me from 96k to 403k within minutes

Do you think it can support your living?

If yes support your answer.

To the OP, why bother to waste that money in a gambling site to make a steady money. Make real life business with that money instead.

Can you suggest a sure real money making business in real life? What if OP really wants to gamble and would want to lose that 3btc lol