camelson (OP)
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June 18, 2016, 05:10:20 PM |
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Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
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xuan87
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June 18, 2016, 06:01:47 PM |
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Yes it is true, higher risk means higher gains, but if you play like that i dont think you will get rich but you will go bankrupt, you need to be extra careful and has to be able to control yourself in gambling and gambling with higher bets is also means you are going to go lose bigger and i dont recommened this technique
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abugseuf
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June 18, 2016, 06:08:31 PM |
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yes it is a fact. but there is no limit of a rich person.
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Nahl
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June 18, 2016, 06:14:44 PM |
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Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
yes it's true high amount bets will earn huge profit but have high risk to lost your money too i guess it is possible but such as you know lucky is very necessary here but for those who will did it he must be take he is own risk for huge loses
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lite
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June 18, 2016, 06:16:59 PM |
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Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
Not entirely true if you bet .05 btc with higher multiplier you would make quite large amount, everything depends on luck there's no guarantee that you will become rich by gambling high amount.
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Wendigo
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June 18, 2016, 06:31:01 PM |
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Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
If you have a big enough bankroll that allows you to make bigger bets then by all means go for it as successful gamblers usually keep a proper bankroll management and only bet as much as 5% of the total cash they have at their disposal at any time so as to limit their losing streaks and recoup their losses in the long run. Trying to bet big with small bankrolls will always lead to a bad streak and ultimately losing everything so don't even attempt it. I am not saying that it's not possible to luck out and win a big amount from smaller bets using parlays but more often than not this is not the case. So maintaining a proper bankroll management and betting accordingly is the key to success for me.
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actmyname
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June 18, 2016, 06:47:26 PM |
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Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
If you have a big enough bankroll that allows you to make bigger bets then by all means go for it as successful gamblers usually keep a proper bankroll management and only bet as much as 5% of the total cash they have at their disposal at any time so as to limit their losing streaks and recoup their losses in the long run. Trying to bet big with small bankrolls will always lead to a bad streak and ultimately losing everything so don't even attempt it. I am not saying that it's not possible to luck out and win a big amount from smaller bets using parlays but more often than not this is not the case. So maintaining a proper bankroll management and betting accordingly is the key to success for me. I find that if you decide that you want to bet, the best scenario is to bet with all the marbles you're prepared to lose. And continue betting with all your winnings and investments. (Okay, maybe not your initial wager if you want to play it safe on subsequent bets.) Let's suppose that you bet against a 1% house edge. Your bankroll is $1000, and you wager it all on a 50% chance [payout of 1.98x]. Scenario 1: You lose $1000 Scenario 2: You gain $980. Let's say you do the same thing with flat bets and bet 10 times on 50% chance. The extremes will be the same, of course. But look. Let's say that instead of taking 10 bets, it takes 12 bets - with 11 wins and 1 loss thrown in there. There's still a net win of 10 bets. But your winnings would look like this: $978 If you're aiming for the same goal, go all in. You lose more money the more you gamble. Hence: if you want to maximize profit, go for high payouts/wagers and restrict the number of bets you do. or y'know just don't gamble
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Betwrong
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June 18, 2016, 06:57:25 PM |
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Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
Well, I disagree. if you bet .05 with 0.01% winning chance on a dice site you'll have 4,950 BTC which I think is not a small win. So don't need to make your bets bigger to have the chance to win more.
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tyz
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June 18, 2016, 07:00:02 PM |
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The secret of being successful in betting is money management. If you always take at most 10% of your stake for a single bet than you will be successful long term. It is not a strategy I developed, it is a common strategy from poker I learned some years ago and it works very well. Following the strategy, you are right. The higher your total stake is the higher is your stake for a single bet. Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
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actmyname
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June 18, 2016, 07:06:33 PM |
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Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
Well, I disagree. if you bet .05 with 0.01% winning chance on a dice site you'll have 4,950 BTC which I think is not a small win. So don't need to make your bets bigger to have the chance to win more. However, if you bet 0.5 BTC, you'll increase the chances of winning the exact same amount of bitcoin [theoretically] by 10 times. If you want to have a higher chance of winning a certain sum of money, then you need to bet with a higher amount. If you want to keep the same chance but want to win more money, then you need to bet with a higher amount. Either way, betting with more money means that you'll have a higher statistical gain, no matter the bet conditions.
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amacar2
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June 18, 2016, 07:13:25 PM |
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Yes i think this one is true if you want to earn more in gambling you also have to risk high. This also applies in daily life investment in other businesses.
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DiamondCardz
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June 18, 2016, 07:21:30 PM |
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Oh, come on man. It's a bit of a stupid question, don't you think?
You're just asking whether it's possible to make more money if you gamble more. Yes, of course it is, but it doesn't mean that's the right thing to do - you wouldn't stick $10000 into the national lottery, would you?
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Ryan Dugan
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June 18, 2016, 07:24:39 PM |
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That's just the kind of thinking that can wind you up in big trouble. You should never chase or think you can can win because you probably won't. Its like playing chicken with a train. It won't end well.
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mindrust
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June 18, 2016, 07:31:51 PM |
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Right, that is also correct for if you want to become poor... Bet big and you become rich faster as you also may become broke faster.
By betting small, you delay the inevitable, (becoming a worthless sorry p.o.s.) and it is a good thing.
If you want to get rich out of gambling, just sell everything you got, buy bitcoins with all you got, open a primedice account, make a bet x2 and wager all you got. That's it. It will be over instantly.
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zeaderza
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June 18, 2016, 07:33:36 PM |
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No you can't become rich if you bet high amount you can lose all your money. The secret is:You can become rich if you bet high or low amount,does not matter,you need only LUCK!:)
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elite3000
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June 18, 2016, 07:41:14 PM |
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Better find a way to make gambling be a +EV game for you and have constant gains than risk big amounts witb high variance.
Constance is more important than big gains once in a while, specially when the big gains may very well turn into big losses quickly
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Turk Ace
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June 18, 2016, 07:52:34 PM |
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Obviously you need higher bets to win more. Or higher odds.
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elite3000
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June 18, 2016, 07:54:56 PM |
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Obviously you need higher bets to win more. Or higher odds.
Or more wins over time, even if with small odds and smaller amounts. The dice sites thrive with 1% house edge
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iv4n
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June 18, 2016, 08:02:55 PM |
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Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
You are totally right about that, for higher wins we need to put higher bets. But for higher bets you need huge bankroll, cause when you bet high your amount is melting like cube of ice in L.A. I think people can make profit from lower bets, of course choosing right game and playing much longer is necessary for that. Also there is luck. I wish to tell you a story about one of my gambling evenings. So I deposited 0.15 btc in bitstarz, after one hour I was on 5 mbtc and I hit some bonus first, get me back on 0.05 and something , after that one good bonus on greedy goblins launched me on 0.217. So there is always a chance, maybe not a big one, but there is always.
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Mediator
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June 18, 2016, 08:25:22 PM |
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Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
My opinion gambling is game that requires skill and luck if a person has both then do not need a lot of money I've seen some people have both skill and luck and they are now rich, you understand the skill I mean? their expertise is cheating, one gambler in my town can see the enclosed card, looks like a fairy tale but it's real unfortunately this time he was already dead in 2007 ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Related luck you may read the news a Leicester City fan won the bet 1 : 5000 maybe this time he had already bought houses and cars ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) all obtained through luck
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