eann014
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October 09, 2016, 04:23:36 AM |
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My estimated in my overall Gambling game, I lose for about 0.016836btc that is really not good. But I lose it in different day/Month so it is just fine for me.
This is pretty small than those who really love to gamble. I see some statistics of some player losing bet of 1 BTC and above. I wonder why they just throw they money away. they have so many why not donate it in charities. Anyway, i sometimes bet and my average bet per game is 0.005, not that much and i capped it to 0.015, if i lose 3x then its not my lucky day. Yeah that is just a small amount because I just play what I can afford to lose, and I know my limitations. I know when to stop and to start again and I am not really lucky when it comes in gambling. I'm just trying my luck that maybe I can win this time. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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babyjesusftw1
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October 09, 2016, 04:35:58 AM |
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Your bet size should be relative to your betting bankroll. Try to make sure each bet is no bigger than 3-5% of your overall bankroll. That way you can lose a lot and still have money to bet with, or you can gradually bet bigger if you consistently win!
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chixka000
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October 09, 2016, 04:39:14 AM |
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Your bet size should be relative to your betting bankroll. Try to make sure each bet is no bigger than 3-5% of your overall bankroll. That way you can lose a lot and still have money to bet with, or you can gradually bet bigger if you consistently win!
Not everyone has the capacity to understand this kinda techincal advise, try to polish more words that could be understandable by all kind of users but you have a point tho
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coynedterm
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October 09, 2016, 04:42:44 AM |
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Do you bet big like 1 BTC in hope to win 50 BTC with a huge risk or do you do small bets?
Bet big to win big? Or bet small over a long time to be safer?
i usually bets with some amount of bitcoin . because with with small earning chance there is only small loss chance . but sometimes it is better to bet with bulky bet . there is always a luck and house edge limit of site .
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puremage111
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October 09, 2016, 04:53:05 AM |
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generally i would seperate my bet if i play on casino slots, but for sports betting, like dota, i would just split maybe 50 / 50 to 2 games or 100% in a game or go full parlay ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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bitcoinpunter
Jr. Member
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Activity: 60
Merit: 8
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October 09, 2016, 03:39:51 PM |
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I bet $5000 per game on all the wise-guy 10 unit picks from bettingresource.com Last year i made over 400K from doing this.
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futurebit640
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October 09, 2016, 05:24:40 PM |
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Do you bet big like 1 BTC in hope to win 50 BTC with a huge risk or do you do small bets?
Bet big to win big? Or bet small over a long time to be safer?
i usually bets with some amount of bitcoin . because with with small earning chance there is only small loss chance . but sometimes it is better to bet with bulky bet . there is always a luck and house edge limit of site . Yes if you play with a small amount then you no need to take tension, because if you lost the bet means you will lose small amount and if you win means you will get small profit it is actually safe betting. But in small amount betting the house edge profit is less. But if you go with high-value betting then the house edge gain is high. I had experience in Dice games. So I always start my betting with 0.005 BTC.
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stadus
Legendary
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Merit: 1303
Hhampuz for Campaign management
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October 10, 2016, 02:11:30 AM |
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Do you bet big like 1 BTC in hope to win 50 BTC with a huge risk or do you do small bets?
Bet big to win big? Or bet small over a long time to be safer?
i usually bets with some amount of bitcoin . because with with small earning chance there is only small loss chance . but sometimes it is better to bet with bulky bet . there is always a luck and house edge limit of site . Yes if you play with a small amount then you no need to take tension, because if you lost the bet means you will lose small amount and if you win means you will get small profit it is actually safe betting. But in small amount betting the house edge profit is less. But if you go with high-value betting then the house edge gain is high. I had experience in Dice games. So I always start my betting with 0.005 BTC. If you are into profit, the first thing you should do is to determine how much you want to win, with that the next thing you will do is to set up a bankroll and is align with your goal profit. That's how it should because you are already treating gambling as a business so a game plan is necessary and make sure you will stick with the game plan no matter what happen.
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23dzmaz
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October 10, 2016, 05:16:24 AM |
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My average bet is depend on the match itself. If i'm really confident and very sure about the match that i want to bet, i will bet big amount on that match.
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vanarebane
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October 10, 2016, 05:38:18 AM |
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Actually I bet not very big, 0.001btc on parlays, 0.1 max on straight bet.
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icecube45
Legendary
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Activity: 1218
Merit: 1000
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October 10, 2016, 09:13:45 AM |
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If the I only bet small. Because I prefer to bet in small amounts but can be done repeatedly so that I could play longer and enjoy the game. I gamble only for berain so I did not expect to win because I knew the gambling requires luck, so not suitable for profit.
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bithasher
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October 10, 2016, 09:17:20 AM |
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I also have reduced my average bet to 0.005 BTC after realizing that gambling is all about having fun in the meanwhile a try to convert this fun into profit. When I was getting gambling as best way of making money I had huge bets and of course loss too. It is relaxed and tranquil way of having all together now.
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Galer
Sr. Member
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FameCoin, Viral Photo sharing on Blockchain
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October 10, 2016, 09:24:52 AM |
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My average bet is depend on the match itself. If i'm really confident and very sure about the match that i want to bet, i will bet big amount on that match.
Yeah me too its depend on the outcome of the game for example I lose and my base bet is 0.1 mbtc I will double my bet every I lose in the game its greedy but good strategy.
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maxhor
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October 10, 2016, 09:47:10 AM |
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My bet limit is $10 on straight bet but it depend how much bankroll I have and what is the percentage of winning that match have, on parlay I reduced my amount low to around $2 - $5 because of big odds for that slip.
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waveaddict
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October 10, 2016, 09:56:46 AM |
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Around $5 is a good start if you are gambling. It depends on a number of things like the budget, the game type and what individual/team is playing the sport.
When you manage your money for betting, you could make $5 to $50 pretty easily if you know what to do.
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roadbits
Legendary
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Activity: 1092
Merit: 1000
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October 10, 2016, 06:07:43 PM |
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I also have reduced my average bet to 0.005 BTC after realizing that gambling is all about having fun in the meanwhile a try to convert this fun into profit. When I was getting gambling as best way of making money I had huge bets and of course loss too. It is relaxed and tranquil way of having all together now.
The 0.005 BTC is the safe betting amount and if we lose also we will not get hurt lot. But if we put more than that amount in a risk then I am sure we suffer a lot. In slot games my Avg betting value is 0.001 BTC sometimes I will go less than 0.001 BTC because it's fully depends on luck. In skill games, i will take risk up to 0.05 BTC.
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adi33
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October 10, 2016, 08:12:31 PM |
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when i first deposit of $ 20 to gamble. then I bet the average use 1.2 -3x and when I think I've gotten my profit directly drag. because they do not want to look for risks to lose
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hawkins
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October 10, 2016, 09:52:31 PM |
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Well, maybe in sports betting, I always bet BTC 0.005 until 0.007 once the match. so I can be more efficient in gambling, and not spend BTC exist in my wallet. I am always careful in betting, because if I bet a lot and lose, it will make me stressed. so I only bet with a little BTC when playing
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EdenHazard
Legendary
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Merit: 1048
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October 10, 2016, 11:04:26 PM |
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Well, maybe in sports betting, I always bet BTC 0.005 until 0.007 once the match. so I can be more efficient in gambling, and not spend BTC exist in my wallet. I am always careful in betting, because if I bet a lot and lose, it will make me stressed. so I only bet with a little BTC when playing
luckily you are play on sports mostly isn't it? with 0.005 and a little touch to manage your bankroll there is no harm to do gamble continuously , but if you gamble in a casino even with a very small amount i am sure not many people can survive to keep playing. as gamble in a casino always make you get heated .
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Finestream
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October 11, 2016, 01:52:14 AM |
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Well, maybe in sports betting, I always bet BTC 0.005 until 0.007 once the match. so I can be more efficient in gambling, and not spend BTC exist in my wallet. I am always careful in betting, because if I bet a lot and lose, it will make me stressed. so I only bet with a little BTC when playing
luckily you are play on sports mostly isn't it? with 0.005 and a little touch to manage your bankroll there is no harm to do gamble continuously , but if you gamble in a casino even with a very small amount i am sure not many people can survive to keep playing. as gamble in a casino always make you get heated . Sports betting is better if you a gamble who love to study to improve your method because there are ways that you can improve it, also the outcome of the game is not that fast like in dice game so you can still analyze before putting on the next game. That alone would already give you time to think better for your picks.
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