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Author Topic: Do you think DiceBot will give you profit in the long run?  (Read 4687 times)
janggernaut
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July 14, 2016, 05:23:16 AM
 #41

Depends from your strategy OP, if you using very risky strat in your bot, maybe you'll ended busted in long run, but if you using "very safe" strat (ussually you just get little profit from this), maybe you'll profit in long run. But i won't recommend for run bit for a long run, because you'll lose with house edge

Does Very Safe strategy exist and work for long term? What strategy you are talking about? I think it has been discussed so many times that there is no safe strategy to make profit in dice game and other games.
Nope, they aren't. I was mean its strat from OP think its the "safest" strat, and i believe theres no such things like that.
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July 14, 2016, 05:47:13 AM
 #42

a dice bot can only give you profit if you are using a good strategy and your strategy is profitable but if you strategy is flawed in the start then there is nothing a bot can do for you to change that. but in general using bots is always making things a lot easier and lets you make bets with set rules and without emotions.

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Erza
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July 14, 2016, 05:51:01 AM
 #43


What is "the long run"?

24h? 1 month? 100 years?

How much profit will make you happy?

100%/h? 10%/year?

What i believe long run is you keep on playing it everyday and there is no restriction on it. And people never satisfy on how much they get if you can earn it everyday it would be better but still dice site have house edge and you will be on loss too if you play too long so if you can earn some profit you should stop it before you busted all of your balance
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July 14, 2016, 05:57:01 AM
 #44

No the more bets you make the more you will lose.

The law of large numbers reflects that.

It would be better to just all in your first bet and walk away instead of doing thousands if not millions of small bets in the hopes that you will beat the house edge.
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July 14, 2016, 06:14:59 AM
 #45

I dont think so, every gamble has a risk, dicebot its only make you easier to set your betting amount and betting strategy, there are no 100% win even using bot
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July 14, 2016, 06:43:42 AM
 #46

Dicebot is only a tool that can help us to make our gambling activity easier and faster! Profit is depend on our luck. Dicebot has a bunch of feature that the website auto roll doesnt have. Not only dicebot, everybot that exist nowadays cant give you profit in short or long run!

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July 14, 2016, 07:28:56 AM
 #47

Well, I'm thinking about that too. Will a person with 1000 bitcoins be a loser on automatic betting using martingale, 50% winning chance and 10 satoshi starting bet? If my calculations were correct, maximum of 32 straight lose will quickly ends the game. I bet that no one will do this just to test it out.
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July 14, 2016, 07:38:33 AM
 #48

Well, I'm thinking about that too. Will a person with 1000 bitcoins be a loser on automatic betting using martingale, 50% winning chance and 10 satoshi starting bet? If my calculations were correct, maximum of 32 straight lose will quickly ends the game. I bet that no one will do this just to test it out.
i have tried automated betting with 0.1 bitcoin at primedice.
i used 0.001 as my base bet with 50% chance, not martingaled and bet only on higher than 50 number.
first 1 hour i survived successfully with over 10% profit but in the next three hours i lost over 50% of my bankroll. so i think any dice bot or automated betting are sucks not help to make money.
newcoins1978
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July 14, 2016, 08:57:16 AM
 #49

As the title says.

Do you think DiceBot will give you profit if you will just run it for a long period of time?
If yes, how much bankroll do you need and what is your dice setting ?
I do not think that it is possible because with gambling the chance is way to small that you will make a profit in the long run.
You are just going to waist money if you are gong to try this so I do not suggest it at all.
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July 14, 2016, 10:13:36 AM
 #50

a dice bot can only give you profit if you are using a good strategy and your strategy is profitable but if you strategy is flawed in the start then there is nothing a bot can do for you to change that. but in general using bots is always making things a lot easier and lets you make bets with set rules and without emotions.

Whenever there is house edge you cant win it no matter what strategy you used moreover you played using bot from their site directl, probably the chance of losing is much more greater so if I may suggest you better play it manually using higher bets rather than played it use their bot
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July 14, 2016, 10:15:33 AM
 #51

I dont think so since people using bots have set the strategies for themselves and will fall one day. Nothing is guaranteed when gambling since that is the reason its called gambling
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July 14, 2016, 10:18:06 AM
 #52

well its depend how you use it..

i keep my bot running, from balance 3k doge..ti was up to 10k+...to greedy and it now down to 5k..

as long as you can control yourself i think we can make good profit...
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July 14, 2016, 10:27:23 AM
 #53

For auto betting you need a huge bankroll, and when you have huge bankroll you need to set your basic bet very low. And to not be greedy, go on long run, small profit every day. In moment you rise bets, chances for losing everything are higher.
I never had huge bankroll, my experience with auto betting is not good. I lost more then I won, and I learned few tricks.
But like I said huge bankroll is needed for this, maybe even 1 btc is not enough in my opinion. And even with that is not totally safe.
For me this is risky betting, I like more when I can control my bets. I think I need to be rich, to feel enough free to put couple bitcoins on autobet.



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July 14, 2016, 10:29:17 AM
 #54

As the title says.

Do you think DiceBot will give you profit if you will just run it for a long period of time?
If yes, how much bankroll do you need and what is your dice setting ?
Nope buddy, I'm sure you will just lose it all, If its profitable, many people must be rich by now. XD
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September 20, 2016, 01:51:08 AM
 #55

Probably No because I tried it everyday at first I won but the next I lost. So I think it is better to gamble twice a week only because the house will not notice your ip address in which you are using dicebot I guess the initial fund of this is 0.1 btc so play it twice a week. And you will always win in the dice game.
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September 20, 2016, 05:30:27 AM
 #56

Probably No because I tried it everyday at first I won but the next I lost.

there is no probably!
surely you will lose some day. it is dice and using a bot doesn't change anything about the game itself for you. it only makes your job easier to do and makes it automatic not manual!

Quote
So I think it is better to gamble twice a week only because the house will not notice your ip address in which you are using dicebot

this should not be true because in a provably fair system whether you play once a year or 100000 times a day you should always have the same chance.
if the dice site is making you lose based on your IP and how many times you play then it is not a fair system.

Quote
I guess the initial fund of this is 0.1 btc so play it twice a week. And you will always win in the dice game.

again there is no always.
it is dice and in gambling it is based on your luck. if you are lucky you can win even with the faucet amount and cash out your winning!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 20, 2016, 07:39:59 AM
 #57

well its depend how you use it..

i keep my bot running, from balance 3k doge..ti was up to 10k+...to greedy and it now down to 5k..

as long as you can control yourself i think we can make good profit...

What needs to control when your running bot? Is there any guaranty that we will make a profit first and then only we start losing money so control you? In this game, you can lose all your money without even single win if you bet continuously with bot sometimes particularly if your bankroll is small and your starting bet is high.
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September 20, 2016, 07:51:39 AM
 #58

As the title says.

Do you think DiceBot will give you profit if you will just run it for a long period of time?
If yes, how much bankroll do you need and what is your dice setting ?

First, you should never download a dicebot because it's made to steal your login information and to rob you.

Second, even if you'd made a dicebot by yourself so you shouldn't worry about being robbed and even if you have a bankroll of 1 BTC you're still going to lose everything in the long run. It's just the matter of time when the house edge gets you.

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September 20, 2016, 07:53:59 AM
 #59

Probably No because I tried it everyday at first I won but the next I lost. So I think it is better to gamble twice a week only because the house will not notice your ip address in which you are using dicebot I guess the initial fund of this is 0.1 btc so play it twice a week. And you will always win in the dice game.

eh? so you are thinking that site owners will cheat you just because dice bots can really make you win? LMAO

dice bots are nothing, they are just there for lazy people to use but doesn't guarantee a win!
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September 20, 2016, 07:55:20 AM
 #60

Quote
Do you think DiceBot will give you profit in the long run?

No, in the long term, bot will make the house win. But, if you are lucky enough, why not?
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