Jemzx00 (OP)
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February 27, 2016, 05:43:16 PM |
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We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??
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amrulshare
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February 27, 2016, 05:53:28 PM |
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We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??
maybe your luck at the beginning, try to start with a large bett, then if the win go run: D ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
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onlinedragon
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February 27, 2016, 06:17:22 PM |
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They are always use the same answer provably fair. Systems where reds got collected for later stadium isn't fair in my opinion.
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marioantonini
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February 27, 2016, 07:48:14 PM |
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We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??
which site you have used ? If the site have provably fair, don't have option to manipulate result, personally i have lost 4 consecutive bet to 97% possibility of win ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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btckold24
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February 27, 2016, 10:36:39 PM |
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I always bet big early and run as soon as I won some.
It seems those sites always rope you in and then you go on a crazy losing streak
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Cyaren
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February 27, 2016, 10:37:26 PM |
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We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??
If the bets are provably fair, then it's definitely just a coincidence. However if there are accusations site being rigged, it might be rigged after all.
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Paidi
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February 27, 2016, 10:52:44 PM |
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We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??
which site you have used ? If the site have provably fair, don't have option to manipulate result, personally i have lost 4 consecutive bet to 97% possibility of win ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I played in PrimeDice win change 85% I have 6 red line, initially runs smoothly up to 48 hours from 25k sat to 300k win sat but I ended up losing nobody is really safe in gambling ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FfEgqnRc.jpg&t=665&c=Fd-LqgCLELf0Rw)
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eli113
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February 27, 2016, 11:07:25 PM |
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true randomness has not memory to worry about historic results BUT
after a long winning or losing session you will end getting an opposite streak because fair distrubution will eventually turn by true random nature.
scams may exist but long sessions on fair random games can result like this posible to happen good or bad will turn to almost always if session is long enough
*a little edit* dice game is very fast in most sites so the chances of really rare things (in a row wins/losses) is almost certain if you play for hours to see them all very fast / slow games like real life roulette you may see the same but 10k spins is like 24/7 for some months compare it with a 10k dice spins you may do in couple of hours and you will get the meaning.
i hope my post helps a bit.
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void
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Zeke2345
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February 27, 2016, 11:13:29 PM |
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I always bet big early and run as soon as I won some.
It seems those sites always rope you in and then you go on a crazy losing streak
Its hard to reign yourself in when you have been winning for a bit. Find I can quickly go negative if I chase to much and find it hard to follow what I just stated. Works on the brain but I do see a full page of loses suddenly that seem to make the house all the money back.
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Phildo
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February 28, 2016, 01:02:15 AM |
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true randomness has not memory to worry about historic results BUT
after a long winning or losing session you will end getting an opposite streak because fair distrubution will eventually turn by true random nature.
scams may exist but long sessions on fair random games can result like this posible to happen good or bad will turn to almost always if session is long enough
*a little edit* dice game is very fast in most sites so the chances of really rare things (in a row wins/losses) is almost certain if you play for hours to see them all very fast / slow games like real life roulette you may see the same but 10k spins is like 24/7 for some months compare it with a 10k dice spins you may do in couple of hours and you will get the meaning.
i hope my post helps a bit.
Your post does not help because it is completely wrong. It doesn't get back to a fair distribution by definitely having an opposite streak to get back to normal, it gets back to "fair" over time by doing more and more trials that happen at the correct frequency. As to the OP. You are going to lose when you make bets with a negative expected value. Period. On most dice sites you expect to lose 1% of every bet you make, if you keep betting, eventually you will lose it all, because that's what happens when you don't walk away with profits if you get them.
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klf
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February 28, 2016, 01:28:08 AM |
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We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??
which site you have used ? If the site have provably fair, don't have option to manipulate result, personally i have lost 4 consecutive bet to 97% possibility of win ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I played in PrimeDice win change 85% I have 6 red line, initially runs smoothly up to 48 hours from 25k sat to 300k win sat but I ended up losing nobody is really safe in gambling ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FfEgqnRc.jpg&t=665&c=Fd-LqgCLELf0Rw) Due to house edge no one knows when the continuous losing streak will hit us so whenever you make some profits try to withdraw your investments first and continue playing with your profits. In that case you may not lose your money and in dice game play longer time is not good. So after winning some money try to go out and come back next day instead playing until you lose all your money.
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pocarime32
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February 28, 2016, 01:38:00 AM |
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We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??
I think it's only happen on gambling sites who have provably fair like dice, even you bet on 98% chance to win, you can get lose fast. that's why i never bet on dice sites.
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actmyname
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Spear the bees
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February 28, 2016, 02:16:00 AM |
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We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??
As you play for an elongated time, you run a higher risk of ruin. Alright, now to understand, you need to think about the amount of TIMES that you choose to bet. If you continue to bet over and over again, there's a high chance that the house edge will catch up to you, and you'll hit a losing streak and then go bankrupt. That's kind of why the martingale system is guaranteed to fail statistically. Obviously, over a short period of time, you have a lower chance of losing everything, but realize that eventually your luck will dry out and you'll lose. The % win rate does not matter. If you have a 90% chance of winning, you could STILL statistically lose 30 times in a row. It's unlikely, but the more you bet, the more OVERALL chance you have of getting a losing streak.
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jayce
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February 28, 2016, 02:19:01 AM |
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Lets think logically. Surely people dont build a casino to make other people become rich right? Well if you dont want to lose, you should learn how to stop gambling in right time, and play again if you see the chance.
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Labumi
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February 28, 2016, 02:19:46 AM |
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I think that was a mistake on the strategy used. Our site gambling had been a fair game system won't be doing the cheating in the gameplay, because they prefer the trust than a scam. The strategy you mentioned that are already widely used by professional gamblers, it's just time/atmosphere that will use less proper to do the strategy. Because the strategy has a level of complexity that is high enough to grab the victory. I've been several times using these strategies and I dapatkaan alot more defeats than victories.
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Invulner
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Invulner
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February 28, 2016, 02:33:23 AM |
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It's probably just a coincidence. Provably fair casinos are supposedly, well, fair.
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Unread
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February 28, 2016, 02:51:18 AM |
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Lets think logically. Surely people dont build a casino to make other people become rich right? Well if you dont want to lose, you should learn how to stop gambling in right time, and play again if you see the chance.
Good idea Man but sometimes I was hooked when winning making it difficult to bring profits go too quick to think that I've found a way to win whereas in the end I lost bitcoin ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I'm sure you also feel the same ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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bitbaby
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February 28, 2016, 03:29:14 AM |
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Sooner or later everyone ends up losing, therefore it is suggested to get out whilst you're ahead. Don't try to win all in one day, money control is essential part of gambling.
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pooya87
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February 28, 2016, 04:29:14 AM |
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We always start betting at small amount of bitcoin and suddenly make it grow but whenever we reach such amount we always lose alot even when you change your winning chance to 90% or 95% you will get 5 losing streak. Is this just coincidence or just sites have those kind of stuff that make it happen??
i sometimes have the same feeling about this kind of situation, that the site is doing some shenanigans in the back that causes me to lose after i had a winning streak and accumulated a small amount. but the fact is (if the site is provably fair) it is just our luck that runs out and we end up losing what we have won in the past winnings.
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rinhunter
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February 28, 2016, 07:49:54 AM |
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if it has got a lot don't continue the game, enough for today you can try again tomorrow. if you want to get a lot of force, trust your money will run all.
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