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

[DavidoAlto]

I honestly do not think it will provide you some profit, most likely it will let you lose money on the long run.
Of course I'm not sure about this but I think that its not a good option to do this honestly.

[maku]

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.

Someone might got lucky in one session and won something while using bot. Because that is the best what will happen with bot or not.

Long story short: Dice bot will only bet with predefined script, under certain condition it will use programmed 'strategy'.

The problem is - there is not valid strategy you can use in Dice to win. Martingale, Paroli, mixed bets, flat betting, after sufficient number of bets you will always reach same constant.

[fullypak]

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..

Nothing to do with dicebot experience to win money from dice game but it only depends on luck. If your a lucky on a particular day then you will make money otherwise you may lose money. No strategies or bots will give profits from a dice game.

[raphma]

nope.... i've tried using 0.01 bitcoin and betting 1 satoshi at time. Every loss were multiplied by 2.2 , 20h later(approximately, i dont remember the exact number), i've have achieved 0.026 and than lost everything with a big loss streak(14~20 in a row, again, dont remember the exact number).

After that i stopped with gambling.

[adaseb]

nope.... i've tried using 0.01 bitcoin and betting 1 satoshi at time. Every loss were multiplied by 2.2 , 20h later(approximately, i dont remember the exact number), i've have achieved 0.026 and than lost everything with a big loss streak(14~20 in a row, again, dont remember the exact number).

After that i stopped with gambling.

Yeah its crazy how betting such a small amount can lead to such huge huge losses when you get into a huge losing streak. I guess you should of withdrew when you hit 0.026

[BeGoods]

nope.... i've tried using 0.01 bitcoin and betting 1 satoshi at time. Every loss were multiplied by 2.2 , 20h later(approximately, i dont remember the exact number), i've have achieved 0.026 and than lost everything with a big loss streak(14~20 in a row, again, dont remember the exact number).

After that i stopped with gambling.

Lol I do not know believe it or not. Your balance is impossible to survive within 20 hours using the martingale even if you use a small bet amount. I'm sure any bet amount and your bitcoin in the balance. I'm sure the bot will take all your money less than 2 hours. so I'm quite doubtful if your bot can last more than 20 hours using the martingale

[Betwrong]

nope.... i've tried using 0.01 bitcoin and betting 1 satoshi at time. Every loss were multiplied by 2.2 , 20h later(approximately, i dont remember the exact number), i've have achieved 0.026 and than lost everything with a big loss streak(14~20 in a row, again, dont remember the exact number).

After that i stopped with gambling.

Yeah its crazy how betting such a small amount can lead to such huge huge losses when you get into a huge losing streak. I guess you should of withdrew when you hit 0.026

The problem is you never know when to stop. If you'd managed to reach 0.026 you think this strategy will work forever and that you finally have found how to have big profit from gambling. Another reason for not stopping is that you think having bigger balance you have less chances to lose it all because now it should be a longer losing streak to eat all your balance. I know this because I was losing money to martingale too. No bot will help you to win with martingale, there's always a long  losing streak waiting to hit you.

[wxa7115]

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 its mathematically impossible to win in the long run against the casino in a dice game, the dicebot is there just to make your life easier, so it does not matter the size of your bankroll you will eventually lose it all if you keep playing long enough.

[hasiramasenju]

i was never heard that any people using dicebot and could got profit for long run and back again gambling results is depend from our luck and also luck doesn't with us for everytime because there is a moment that you aren't lucky and i think majority people will answer no including me

[Lokfar]

No a dicebot will not provide you profit on a long run and I even think it will let you gain almost nothing honestly, its just that its not worth doing this also.
I think that its better to just do it yourself!

[ultrloa]

It is just a myth so people would try this one or maybe it is a propaganda of certain dice game so people would try to play at them(maybe this is just my theory) but dice bot cannot give us profit in the long run and thats the fact its because owner don't want to lose and drained just because of some certain bots existed and they have house edge so thats why i can tell that we can't earn profit passively with this using dice bot or any program out there.

[South Park]

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, there it is from the mouth of the owner and creator of DiceBot, you will not obtain a profit out of this bot, I like the honesty and I think the explanation given is very clear.

[adaseb]

No but the owner wanted to make it clear some people don't get unrealistic expectations in thinking that this bot will make them a millionaire simply by running it. There are already some many snake oil type products out there that promise millions and only end up losing people money.

[BeGoods]

No a dicebot will not provide you profit on a long run and I even think it will let you gain almost nothing honestly, its just that its not worth doing this also.
I think that its better to just do it yourself!

yeah I also think that if you want to gamble in a long time. better use of their own ability to gamble. although it still your luck that will determine victory. at least you have restrictions to stop and it is not got by the bot. I've been using a bot in a long time. and true what everyone says, it ended in defeat

[torry28]

Well, there it is from the mouth of the owner and creator of DiceBot, you will not obtain a profit out of this bot, I like the honesty and I think the explanation given is very clear.

You're wrong, he said if bot won't guarantee to get profit in LONG RUN, we still can get profit if we playing in short run and stop ASAP when we think "it's enough for today".

[Erza]

nope.... i've tried using 0.01 bitcoin and betting 1 satoshi at time. Every loss were multiplied by 2.2 , 20h later(approximately, i dont remember the exact number), i've have achieved 0.026 and than lost everything with a big loss streak(14~20 in a row, again, dont remember the exact number).

After that i stopped with gambling.

That means it is really work for you. Why people claim that they only have 14-20 red streaks mean while my best streak is 33 last time and this will make crazy losing. But actually it is almost a day just to double your bankroll. Do you think that is worth? How much is your electricity cost with 20 hours?

[kollo99]

i think yes if  you are lucky then you can surely make money from dicebot, but if you are not lucky then you cannot make money from any where in gambling because in gambling luck play an important role.

[puremage111]

don't think so, still, dice bot run on strategy, maybe not profit in long run but one thing you won't lose that fast with proper and safe method

[South Park]

Well, there it is from the mouth of the owner and creator of DiceBot, you will not obtain a profit out of this bot, I like the honesty and I think the explanation given is very clear.

You're wrong, he said if bot won't guarantee to get profit in LONG RUN, we still can get profit if we playing in short run and stop ASAP when we think "it's enough for today".

And then in the very next sentence he states that "DiceBot is not intended to make profit" maybe you missed that part, besides any profit that you may obtain in the short run will not be due to Dicebot rather it will be by the math of the games themselves (variance) as explained by the owner and creator of the bot himself

[ModGirl]

I do not rely on bots as I do not think that a bot will make a sense to make me earn. All I do is manually myself and keep a full focus on the games to get the strategy of the game and to know that when will I have to keep on low and when I have to increase the amount after each dice roll.