jambola2
Legendary
Offline
Activity: 1120
Merit: 1038
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April 23, 2016, 01:56:19 PM |
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All in can lead to a disaster if you are not lucky. Most people I know who bet all that they've got ended up loosing, also you can see it with their answers i your thread that most of them ended up with nothing. Anyway, this is a nice experimentation and it would be fun to watch what will happen with your bets. What gambling game are you planning to test this out?
It is possible! A tipster on this very forum had a 15 W streak 15 wins in a row I don't call that "luck" So had I followed those tips doing All in each time I would have at least doubled my money. It can very well be luck. Let's say a tipster has awesome tips and if you go all in on all of them, you will get 10x your money after a winstreak of 15 tips. What are the odds of a tipster getting these many right you ask? Well, 1/10. If you give me a list of the odds of each bet he made in a 15 W streak, I can mathematically show you the likelihood that it was pure luck. Considering the number of tipsters on the forums, the likelihood that one of them has awesome luck is not that unlikely...
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No longer active on bitcointalk, however, you can still reach me via PMs if needed.
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bitcoinprofit (OP)
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April 23, 2016, 07:56:50 PM |
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All in can lead to a disaster if you are not lucky. Most people I know who bet all that they've got ended up loosing, also you can see it with their answers i your thread that most of them ended up with nothing. Anyway, this is a nice experimentation and it would be fun to watch what will happen with your bets. What gambling game are you planning to test this out?
It is possible! A tipster on this very forum had a 15 W streak 15 wins in a row I don't call that "luck" So had I followed those tips doing All in each time I would have at least doubled my money. It can very well be luck. Let's say a tipster has awesome tips and if you go all in on all of them, you will get 10x your money after a winstreak of 15 tips. What are the odds of a tipster getting these many right you ask? Well, 1/10. If you give me a list of the odds of each bet he made in a 15 W streak, I can mathematically show you the likelihood that it was pure luck. Considering the number of tipsters on the forums, the likelihood that one of them has awesome luck is not that unlikely... Here's the thread: https://bitcointalk.org/index.php?topic=1373555.0
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Metadextrous
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April 24, 2016, 01:26:18 AM |
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I'd say BANK some rather than YOLO all in, or you could also bank some until you have a "safe" amount and then play YOLO later. anyway, good luck with your challenge bro i'm watching this thread and hoping that you can pull it majestically
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wildan88
Legendary
Offline
Activity: 1862
Merit: 1046
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April 24, 2016, 02:26:01 AM |
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when i win, I always save the initial capital and then I play all in on the profit. so I do not have the burden or worry, when playing an all-in of profit.
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RussianRaibow
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April 27, 2016, 11:50:16 AM |
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Since it is your money and not mine, I say "All In" YOLO If it were me though, I would definitely play it safer and bank some.
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BitcoinHodler
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April 27, 2016, 01:46:08 PM |
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what happened to you @bitcoinprofit it has already 5 days past, did you do it. please come back here and update i am very interested to see how this turns out for you it is exciting
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Holding Bitcoin More Every Day
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BertMan
Member
Offline
Activity: 67
Merit: 10
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April 27, 2016, 05:16:17 PM |
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Does this thread end once you go bankrupt?
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bitcoinprofit (OP)
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April 27, 2016, 07:22:17 PM |
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what happened to you @bitcoinprofit it has already 5 days past, did you do it. please come back here and update i am very interested to see how this turns out for you it is exciting Maybe he gave up after seeing how lot of people thought it was bad idea, personally I don't care, it's not my money, I would vote for ALL IN all the time Ha ha no worries...I was only waiting for a larger bankroll. The people offering me funds had to postpone until later... Challenge is still on!
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fast2fix
Legendary
Offline
Activity: 1612
Merit: 1001
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April 28, 2016, 07:20:17 AM |
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go all in. the quickest way to gain or lose money.
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bitcoinprofit (OP)
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April 28, 2016, 10:16:45 AM |
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So.... Our journey begins I wanted to start with a larger bank roll but it didn't happen this week. FIRST Wager: ALL IN - .01 BTC BET #1 Result: Profit: BANK
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brianlee01
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April 28, 2016, 10:19:19 AM |
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So.... Our journey begins I wanted to start with a larger bank roll but it didn't happen this week. FIRST Wager: ALL IN - .01 BTC BET #1 Result: Profit: BANKNice odds and win there.Btw What games you're play and do you play live?
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bitcoinprofit (OP)
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April 28, 2016, 10:28:05 AM |
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Second Wager: ALL IN - .02 BTC BET #2 Result: Profit: BANK
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Erza
Legendary
Offline
Activity: 1078
Merit: 1000
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April 28, 2016, 12:32:09 PM |
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Your all in doesnt use the same odds? Means like if you place higher bet you will not take some risk by playing some risk odds you will play safer like below 1.5 odds. Am I right? And btw you are not all in your balance because YOLO mean you only live once and then you will bet everything on that single bet so I dont really think that you do is making any sense to any of us here
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bitcoinprofit (OP)
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April 28, 2016, 02:38:30 PM |
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Your all in doesnt use the same odds? Means like if you place higher bet you will not take some risk by playing some risk odds you will play safer like below 1.5 odds. Am I right? And btw you are not all in your balance because YOLO mean you only live once and then you will bet everything on that single bet so I dont really think that you do is making any sense to any of us here
I put my entire bankroll on Bet #1 (all the btc I had at the time) I won Bet #1 I BANKED some of the profit. Then put my new bankroll on a new bet Bet #2...
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bitcoinprofit (OP)
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April 28, 2016, 09:40:57 PM |
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Third Wager: ALL IN - .03 BTC BET #3 Result: Profit: NO BANK
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bitcoinprofit (OP)
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April 28, 2016, 11:14:55 PM |
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Fourth Wager: ALL IN - .05 BTC BET #4 Result: Profit: NO BANK
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iigor
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April 28, 2016, 11:24:47 PM |
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Why dont you post which bet you are gonna bet on? These screenshots can be easily photoshoped.
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bitcoinprofit (OP)
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April 28, 2016, 11:28:53 PM |
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Why dont you post which bet you are gonna bet on? These screenshots can be easily photoshoped.
All bets can be verified using the Bitcoin Transaction Id #
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bitcoinprofit (OP)
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April 30, 2016, 03:51:07 PM |
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6th Wager: ALL IN - .09 BTC BET #6 Result: Profit: NO BANK
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