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Author Topic: Do you think DiceBot will give you profit in the long run?  (Read 4704 times)
victoryboy
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September 23, 2016, 09:12:46 AM
 #101

Dice bot has nothing to do with result in short term or long term as it has absolutely zero influence on site. It is just to allow the bets in auto mode with little more functionality than available bots on sites. I don't think it is even worth to buy or use when I can use auto rolling option on my favorite sites where it is available to make wager.
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September 23, 2016, 12:09:18 PM
 #102

no it will never, dicebot only going to give you more flexible choice for betting, it wont increase any of your winning percentage and if you run it for long term, you will lose all of your money for sure, the reason of this is simple, because no matter how you set your strategy, you wont be able to beat the house

It still depends on your strategy and your luck when you are using bot to play dice game although there is no sokid strategy but still you can minimize the loss or slower your loss. When your luck come you will win some profit too. Limit on how much your win will have effect too on how long your bot will run so I guess everything is correspond to each other when you are doing run using bot

Based on my experience playing with Bot and strategies just to win in the beginning, then a few days will be lost
I do not know if anyone has experienced the same thing if there are always won with bot I think the owners will not be share to  free

That is why I am saying that it depends on your luck too though because in the end you will still lose it unless you withdraw it in a right moment so you cant lose it. But here  many people think that they are in a winning track so they push their luck and end up faster than you think. Unless they dont have house edge may be you can win in a long run but there is always house edge in every single site so I dont think you can really profit much
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September 23, 2016, 12:12:56 PM
 #103

Using a bot will be the same as gambling manually. That's like getting your friend to bet for you. You think that if someone today is betting, you get better luck. Wrong. The house edge will still catch up to you.

looking for a signature campaign, dm me for that
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September 23, 2016, 12:15:36 PM
 #104

Using a bot will be the same as gambling manually. That's like getting your friend to bet for you. You think that if someone today is betting, you get better luck. Wrong. The house edge will still catch up to you.
thats right if we are talking about long run it is just the same on how we got loss when we do it manually dice bot doesnt have any advantage at all it still same way and the key to win still depend from our luck much better to try it by myself than entrusted it to a bot.

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MaritiJames3
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September 23, 2016, 02:52:03 PM
 #105

No I do not think that using a dicebot will provide you some nice amounts on the long run, its gambling for a reason and with a both I do not think its possible.
Of course there are some lucky people that had this luck but the most will not succeed without any doubts.
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September 23, 2016, 04:38:49 PM
 #106

I prefer using the dicebot for small amounts and so far have been profitable, as I don't have the patience to manually put in all those bets. But in the long run, since its all -ev I don't expect to keep profitting.
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September 23, 2016, 05:22:24 PM
 #107

may depend strategy when using a bot. you can use the strategy to bet very small as 10 sat, because using a bot, so it can run for a long time. it can be advantageous, but not too much.
but I believe using the bot at the end we will lose. because it is difficult to get a win in a long time in a game of dice.

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September 23, 2016, 10:07:52 PM
 #108

may depend strategy when using a bot. you can use the strategy to bet very small as 10 sat, because using a bot, so it can run for a long time. it can be advantageous, but not too much.
but I believe using the bot at the end we will lose. because it is difficult to get a win in a long time in a game of dice.
Its just a bot and they are just using it for automation not for real making profit.. its impossible that if you are using bitcoin you can be always win..
The game still always depends in your luck if you are lucky using bot its your turn to make good profit. but if not regret after you used.

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September 24, 2016, 04:38:14 AM
 #109

In the long run gambling is not profitable, mark my word, several people might disagree with me in this forum but I dont care because it is the truth. These sites have a house edge, odds against the player. However experienced you are and however carefully you input a strategy into dicebot, you will lose in the long run.
Gambling is not profitable in the long run for most people; there are a significant amount of professional players making money out of casino games, like poker, blackjack and sports betting.
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September 24, 2016, 05:20:35 AM
 #110

In the long run gambling is not profitable, mark my word, several people might disagree with me in this forum but I dont care because it is the truth. These sites have a house edge, odds against the player. However experienced you are and however carefully you input a strategy into dicebot, you will lose in the long run.
Gambling is not profitable in the long run for most people; there are a significant amount of professional players making money out of casino games, like poker, blackjack and sports betting.

Exactly , there no stable  income  in playing gambling  and  doesnt even  guarantee you to make  profits on long run. Sports betting  and other card games which somehow  does have edge  on winning   base on your skills and also with ample amount of luck.  Those dicebots out there its just an automated  betting  and  doesnt mean that you would  be profitable with this thing.

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September 24, 2016, 07:20:28 AM
 #111

may depend strategy when using a bot. you can use the strategy to bet very small as 10 sat, because using a bot, so it can run for a long time. it can be advantageous, but not too much.
but I believe using the bot at the end we will lose. because it is difficult to get a win in a long time in a game of dice.
Its just a bot and they are just using it for automation not for real making profit.. its impossible that if you are using bitcoin you can be always win..
The game still always depends in your luck if you are lucky using bot its your turn to make good profit. but if not regret after you used.
I use a bot only when I'm lazy to play dice. but actually using a bot only for a experiment. because i know in the end is always difficult to make a profit. better play manual and take the short-term.

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September 24, 2016, 10:53:11 AM
 #112

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 ?
No, the bot will only eat your balance if we run it for weeks/months auto bet isn't that much different than betting manually theres really no way to beat the casino. Other people who says its profitable theyre just lucky on their side to win that kind of amount.
I think it did not take up to several weeks or months, when you use autobet or bot and running in about a couple of hours I'm sure you will incur a loss, even if you use the martingale strategy with bots, may all your money will run out in a few minutes
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September 24, 2016, 03:20:57 PM
 #113

I had played a bit with those bots, and in the general they might allow you to earn something after some period, but i do believe they arent made to give you profit, and yes take your 1-10% balance when using a bot to make your bets.
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September 26, 2016, 01:58:31 AM
 #114

may depend strategy when using a bot. you can use the strategy to bet very small as 10 sat, because using a bot, so it can run for a long time. it can be advantageous, but not too much.
but I believe using the bot at the end we will lose. because it is difficult to get a win in a long time in a game of dice.
Its just a bot and they are just using it for automation not for real making profit.. its impossible that if you are using bitcoin you can be always win..
The game still always depends in your luck if you are lucky using bot its your turn to make good profit. but if not regret after you used.
I use a bot only when I'm lazy to play dice. but actually using a bot only for a experiment. because i know in the end is always difficult to make a profit. better play manual and take the short-term.
Lol yeah I also use a bot when I run like martingale strategy because it is not possible I use the manual. but certainly I would not be stupid to leave it in a long time, when the system started to provide successive defeats, normally I would stop and hopefully I benefit by it


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September 26, 2016, 06:52:46 AM
 #115

Lol yeah I also use a bot when I run like martingale strategy because it is not possible I use the manual. but certainly I would not be stupid to leave it in a long time, when the system started to provide successive defeats, normally I would stop and hopefully I benefit by it

Why it is not possible to use manual betting when you use martingale stratgey? It is still possible and even it is even safer because you can control your bet better than when you are using bot. You only need to calculate your bet amount manually, ofc you need more time in doing this.
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September 26, 2016, 07:04:29 AM
Last edit: October 19, 2016, 06:15:10 AM by win win win
 #116

Sometime's you can get a good bot and win alot just need to find a good one and a casino that is paying out.
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September 26, 2016, 08:25:32 AM
 #117

I didn't read all 6 pages, so i'm sorry if I'm repeating things others have said before.

But as the owner and creator of DiceBot, I can garuntee you that the bot will NOT profit in the long run. DiceBot is not intended to make profit, it's to make a rather plain game more interesting.

Basically, when you bet at a website, you have variance, which is basically the difference between what you can expect to win and what you actually win. The variance can be in your favour when you win more than you should, or in the sites favour, when you lose more than you should. Variance is at the largest when you make very few bets and the more you bet, the closer you get to your expected value, so less variance. This is relevant because of the house edge. Your expected value is to lose <house edge>% of what you wager. The reason the bot will never make profit in the long run is because you make lots and lots of extremely small bets, which reduce your variance. If you bet 1 Btc on 49.5% and you win, you've wagered 1 btc and you've won 1 btc. If you wager 1 Btc in millions of small martingale bets starting from 1 satoshi, you'll be more likely to have "busted" a few times and have lost abour <house edge>% of 1Btc.

For an explanation of the house edge and how it works and affects your bets, check out this articel: https://steemit.com/gambling/@seuntjie/why-botting-doesn-t-work-at-casinos

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September 26, 2016, 09:12:15 AM
 #118

I didn't read all 6 pages, so i'm sorry if I'm repeating things others have said before.

But as the owner and creator of DiceBot, I can garuntee you that the bot will NOT profit in the long run. DiceBot is not intended to make profit, it's to make a rather plain game more interesting.

Basically, when you bet at a website, you have variance, which is basically the difference between what you can expect to win and what you actually win. The variance can be in your favour when you win more than you should, or in the sites favour, when you lose more than you should. Variance is at the largest when you make very few bets and the more you bet, the closer you get to your expected value, so less variance. This is relevant because of the house edge. Your expected value is to lose <house edge>% of what you wager. The reason the bot will never make profit in the long run is because you make lots and lots of extremely small bets, which reduce your variance. If you bet 1 Btc on 49.5% and you win, you've wagered 1 btc and you've won 1 btc. If you wager 1 Btc in millions of small martingale bets starting from 1 satoshi, you'll be more likely to have "busted" a few times and have lost abour <house edge>% of 1Btc.

For an explanation of the house edge and how it works and affects your bets, check out this articel: https://steemit.com/gambling/@seuntjie/why-botting-doesn-t-work-at-casinos

Well I applaud you for at least speaking the truth and saying that it will not make your profit in the long run. Many here have undesirable expectations and simply want this bot to make them a millionaire.

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September 26, 2016, 05:30:48 PM
 #119

I didn't read all 6 pages, so i'm sorry if I'm repeating things others have said before.

But as the owner and creator of DiceBot, I can garuntee you that the bot will NOT profit in the long run. DiceBot is not intended to make profit, it's to make a rather plain game more interesting.

Basically, when you bet at a website, you have variance, which is basically the difference between what you can expect to win and what you actually win. The variance can be in your favour when you win more than you should, or in the sites favour, when you lose more than you should. Variance is at the largest when you make very few bets and the more you bet, the closer you get to your expected value, so less variance. This is relevant because of the house edge. Your expected value is to lose <house edge>% of what you wager. The reason the bot will never make profit in the long run is because you make lots and lots of extremely small bets, which reduce your variance. If you bet 1 Btc on 49.5% and you win, you've wagered 1 btc and you've won 1 btc. If you wager 1 Btc in millions of small martingale bets starting from 1 satoshi, you'll be more likely to have "busted" a few times and have lost abour <house edge>% of 1Btc.

For an explanation of the house edge and how it works and affects your bets, check out this articel: https://steemit.com/gambling/@seuntjie/why-botting-doesn-t-work-at-casinos

Well I applaud you for at least speaking the truth and saying that it will not make your profit in the long run. Many here have undesirable expectations and simply want this bot to make them a millionaire.
They are believe with a false story that said if using the bot can win bigg maybe some stories is true but i'm personally never trust bot can win in long run.

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September 26, 2016, 08:16:10 PM
 #120

i think it depend on your experience in dicebot and secondly your luck, if you are lucky you will certainly get a good profit in the end..
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