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Author Topic: MY gambling strategy to limit loss and make btc  (Read 6831 times)
thecrimson16 (OP)
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July 04, 2016, 04:04:22 AM
 #1

My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

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July 04, 2016, 04:18:41 AM
 #2

My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

 Firstly 0.01 is not sure to give you .001 always and you don't cease to gamble once you get 0.001. You are sure to gamble on any place other. If you are able to self control yourself really good for you.

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July 04, 2016, 04:36:58 AM
 #3

what if you lose your 0.01 btc before getting a profit of 0.001. and i think is not good to withdraw it frequently because of withdrawal fee. just learn how to use bank acct. Smiley
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July 04, 2016, 04:49:35 AM
 #4

My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat
This is a nice strategy but your luck might run out soon on this kind of strategy even though you have a 90% chance of winning the bet.
You might end up losing more than making more profit.

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July 04, 2016, 04:58:30 AM
 #5

My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat
Thats also can avoid you to become greedy. You just set your goal, and after you reached your goal, you'll withdraw. Are you always YOLO your 0.01 btc to get 0.001? Or maybe you did from low basebet?
Indrawan77
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July 04, 2016, 05:17:25 AM
 #6

Good strategy, unfortunately its not working with me, i ever set win limit like that but in the end i lose all of my money, its a good thing that you set your win limit, but how about your lose limit, when will you stop when you lose that is the most important things in gambling
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July 04, 2016, 05:28:06 AM
 #7

I do not think thats a very nice strategy...with 0.001 profit every time you deposit and withdraw you loose most of them in tx fees...and also always you will not be able to get 0.001 profit..once u loose one bet only all strategies fail
bitcoinisfurture
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July 04, 2016, 05:35:08 AM
 #8

If you play to limit your losses and then how will you make money is something beyond the point here. You would have lost majority of the money played rather than win till now .
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July 04, 2016, 05:43:50 AM
 #9

Its a good strategy to limit loss or profit in gambling but sometime its not work. Because you cant make profit every time in a single bat. Then you play another bat and then its become uncontrolled. Good Luck.

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July 04, 2016, 05:45:03 AM
 #10

Just play for a short term and you will minimize the loss. No such strategy involved.

Set a certain amount for today, if loss, go home. If won, bags it quickly and go home.

Recovering the loss will just dragged you to play for a long term.

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JasonXG
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July 04, 2016, 05:57:19 AM
 #11

My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

I dont think there is any difference in playing for that much and carrying on. Its the same as depositing 100k and with drawing them putting 100k back when ota the same thing as just carrying on. I mean of you win 500k how is that different then depositing 500k the next time you play.
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July 04, 2016, 06:04:17 AM
 #12

My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

Sure it is a good strategy to have a target of profit but I would rather you create a "bank" where you tip your profit (for primedice) instead of withdrawing. frequent withdraws attracts fees which might seem to be expensive in the long run. 0.01 is a good amount to bet on especially when you are using low payouts. 
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July 04, 2016, 06:15:57 AM
 #13

My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

this is a good strategy to limit yourself and limit your funds that you gamble with but also i think you have to change some things about your profit limit because 0.001BTC profit on 0.01BTC is a little big percentage and you may find it a bit hard to reach so may encounter some troubles on the way there.

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July 04, 2016, 06:21:15 AM
 #14

we all can do that its the tolerance that we need.                                                                                 
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July 04, 2016, 07:09:04 AM
 #15

It's a nice strategy to limit your losses since you will eventually bust. The thing is that you have to reach that amount before you withdraw and that's not always the case. It's a good rule to follow overall though.

 

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July 04, 2016, 07:33:41 AM
 #16

Mine i wasnt thinking on how much i loss a day. What im setting is my win. I mostly set  my winning into $45 a day and after I reach that I wont play that day and go back tommorow to play again.
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July 04, 2016, 07:40:39 AM
 #17

I don't think this can be called strategy in my case where I always play limited gambling.I disagree with OP that doing this way you have any influence over results or can make more money.First of all it is not sure if you will be able to make some extra money with your initial amount.What if you bust in very few bets ? This is not strategy but is good to limit the loss.
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July 04, 2016, 07:46:45 AM
 #18

My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

You're using coinbase wallet to take withdraw from gambling site that is very risky to use it, I don't use that wallet because they have very restrict policy for gambling related site and any time your account can get freezes so beware about this.
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July 04, 2016, 07:51:23 AM
 #19

My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

You're using coinbase wallet to take withdraw from gambling site that is very risky to use it, I don't use that wallet because they have very restrict policy for gambling related site and any time your account can get freezes so beware about this.

ya, he is right. there are several members, who was banned from coinbase for gambling. try to use another wallet. witch are more tolerated with gambling or you may loose all your btc.

good luck in gambling
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July 04, 2016, 07:54:15 AM
 #20

that's very good strategy won small amount are more better than lost but i think it doesn't working well for me because one of my problem in gambling is greedy when i was won because i always want more till i lost all of my balance but you have self control and it is very necessary during gambling

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