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Author Topic: MY gambling strategy to limit loss and make btc  (Read 6754 times)
8Habits
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August 06, 2016, 03:38:06 PM
 #161

Thats a good strategy. But it cant assure you that you will always win. I suggest set an amount enough to for you and can afford to lose. When you win atleast four times withdraw it. Sometimes in excitement you are being cocky and gamble all your earnings. Limit your gambling time. Dont use all your time gambling and have a rest. Sometimes it can help you to think and decide a good decision. Greed is also hard to control so just i said, set an amount you can afford to lose. So when you loss, no hurt feelings.
Perhaps the best advice is to opt out of gambling, for those people that are mild in nature and will not be able to cope with them.

I agree to this. If you are not risk tolerant and still want to gamble, the trick is to only gamble what you can afford to lose and you will be fine as long as you stick to it and never chase your loses..

Don't get hooked and just play for fun.

If you want to go serious with gambling though, it would be a different story.
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August 06, 2016, 03:58:40 PM
 #162

Hello
Well it is a very good strategy not to mention a very popular one and a very disastrous one also. Take my word for it because making 0.001 from 0.01 will take you several bets and once in a while the house will catch you when you run out of luck and lose everything in the process.

Trust me don't waste your money like this by gambling. These strategies never work because the math is never on our side that is why it is called the House "EDGE" - the house has a edge above you.

If these strategies worked then casinos go bankrupt and would not make a profit. But that is never happening so I hope you get the picture.
Good Luck!!

R


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August 06, 2016, 04:02:47 PM
 #163

Hello
Well it is a very good strategy not to mention a very popular one and a very disastrous one also. Take my word for it because making 0.001 from 0.01 will take you several bets and once in a while the house will catch you when you run out of luck and lose everything in the process.

Trust me don't waste your money like this by gambling. These strategies never work because the math is never on our side that is why it is called the House "EDGE" - the house has a edge above you.

If these strategies worked then casinos go bankrupt and would not make a profit. But that is never happening so I hope you get the picture.
Good Luck!!
i agree with you mate, if using this method in the long run automatically the house will smell you up and they will make the system to be change maybe you are so lucky and you have a lot of self control assuring your self to calculate the correct amount to bet and luckily get it on the way you wanted to be.

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August 06, 2016, 04:05:21 PM
 #164

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

Your strategy is too simple.

But for my opinion,
You have a low amount of limit to the winning amount you set,
It is better (if you have a 0.01 bitcoins at stake) to set a higher amount of winning.

And also how about your limit in losing?
Cause what if you lose all you 0.01 before winning 0.001?
8Habits
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September 19, 2016, 10:57:21 AM
 #165

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

Your strategy is too simple.

But for my opinion,
You have a low amount of limit to the winning amount you set,
It is better (if you have a 0.01 bitcoins at stake) to set a higher amount of winning.

And also how about your limit in losing?
Cause what if you lose all you 0.01 before winning 0.001?

This make sense. If you only play with .01 in one setting, you have the chances to get bust in one run. If I were you, I should divide that .01 into 10 so every session, you only play with .001 and play with your strategy. If you lost that session, you still have 9 more sessions to cover your loses. If you only play 1 session out of .01 and lost, there is no way for you to fight back again. For me, 0.01 bankroll is not enough though to see significant profit if you play smart.
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September 20, 2016, 03:06:10 AM
 #166

To those who wants to "limit" their loss, there's actually a proven and tested trick. After doing this trick, you'll lose 0% of your money. It works in the long run, as well. It works in all gambling sites unless you're stupid. Look for the "Sign-Out" button and then click that. After that, start looking for an actual job and quit hoping that you'll make BTC out of gambling. You're not some kind of hustler, you're just an average human being.

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September 20, 2016, 04:27:37 AM
 #167

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

That is a great strategy,

It is like putting self control, on your betting, putting limits on your losses and also putting limits on the amount you won before you withdraw it.

it is almost the same as what I am doing every time I gamble.

But keep in mind that you will not always get to win and have that 0.001 profit every time you play, so I recommend that it is better for you if you set a limit on amount you may lose and that should be too low.
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September 20, 2016, 04:52:10 AM
 #168

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

Your strategy is too simple.

But for my opinion,
You have a low amount of limit to the winning amount you set,
It is better (if you have a 0.01 bitcoins at stake) to set a higher amount of winning.

And also how about your limit in losing?
Cause what if you lose all you 0.01 before winning 0.001?

This make sense. If you only play with .01 in one setting, you have the chances to get bust in one run. If I were you, I should divide that .01 into 10 so every session, you only play with .001 and play with your strategy. If you lost that session, you still have 9 more sessions to cover your loses. If you only play 1 session out of .01 and lost, there is no way for you to fight back again. For me, 0.01 bankroll is not enough though to see significant profit if you play smart.

It looks like great. Instead of losing 0.01 BTC in the single bet we can use this strategy, and we will make a profit. But the profit is very less I agree. Then also this is a good idea. Suppose if we lose 0.01 BTC we will get hurt lot and it will take too much time to earn back. If we lose 0.001 BTC it easy to get back in within few games.
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September 20, 2016, 05:31:42 AM
 #169

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

Your strategy is too simple.

But for my opinion,
You have a low amount of limit to the winning amount you set,
It is better (if you have a 0.01 bitcoins at stake) to set a higher amount of winning.

And also how about your limit in losing?
Cause what if you lose all you 0.01 before winning 0.001?

This make sense. If you only play with .01 in one setting, you have the chances to get bust in one run. If I were you, I should divide that .01 into 10 so every session, you only play with .001 and play with your strategy. If you lost that session, you still have 9 more sessions to cover your loses. If you only play 1 session out of .01 and lost, there is no way for you to fight back again. For me, 0.01 bankroll is not enough though to see significant profit if you play smart.

It looks like great. Instead of losing 0.01 BTC in the single bet we can use this strategy, and we will make a profit. But the profit is very less I agree. Then also this is a good idea. Suppose if we lose 0.01 BTC we will get hurt lot and it will take too much time to earn back. If we lose 0.001 BTC it easy to get back in within few games.
The amount does not matter, the most important is we only gamble the money that we can afford to lose, there are many games available online and we can get the real happiness if we do not think of winning, you guys will even feel sad losing 0.01 BTC which is a small value, how much more when you lose bigger than that.

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September 20, 2016, 09:06:42 AM
 #170

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

Your strategy is too simple.

But for my opinion,
You have a low amount of limit to the winning amount you set,
It is better (if you have a 0.01 bitcoins at stake) to set a higher amount of winning.

And also how about your limit in losing?
Cause what if you lose all you 0.01 before winning 0.001?
OP want to safe bets with small amount of profit and he doesn't took any risk with higher amount of winning such as this thread title thread that OP strategy to limit loss even this is will not always works but maybe he has considers this strategy is safer than martingale or other strategies

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September 20, 2016, 11:55:22 AM
 #171

yes that is reallya good strategy but it can only be effective if you are following this and you have full control on your pulse and have the power to control the pressure so your gambling strategy will be useful and effective. i have also gambling strategy and so far it is too much successful.
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September 20, 2016, 01:56:12 PM
 #172

yes that is reallya good strategy but it can only be effective if you are following this and you have full control on your pulse and have the power to control the pressure so your gambling strategy will be useful and effective. i have also gambling strategy and so far it is too much successful.
wow maybe you can also try sharing that with us, good attitude and good perception between losses and winnings if you can control that strategy will be useful but if not for sure it will ended up to lose more and more.

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September 20, 2016, 04:07:10 PM
 #173

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
Yes indeed self control to do the most good if you 're gambling for you will win . Most gambler did not wins because that would not satisfy of their winning they want big so just continue to lead the adversary they won because of their greed for money and desire to win big . So now i know i must have self control for me to win.

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September 20, 2016, 05:53:47 PM
 #174

What if you lose that 0.01 bankroll what will you do next? Because lets admit it everyone has a bad day or bad luck. What if you did not able to win 0.001 but instead you lose 0.01 bankroll. Are you going to deposit again and continue to withdraw everytime you get 0.001 or you will deposit to recover your loss?
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September 20, 2016, 06:02:21 PM
 #175

Wining 0.001 bitcoin over 0.01 btc bankroll adds up 10% wining and i think if you deduct transaction fee on deposit and withdraw, only 8% will remain. But i agree on that taking away small profit is very clever decision rather than being greedy and lossing all you have. But what will you do if you loss same amount like 10% when gambling, if you don't stop by than than you may loss all 100% trying to recover it and with this strategy it will take more than 10 days to recover those loss. So better you stop with either 10% loss or win.

 
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saiha
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September 21, 2016, 02:21:50 AM
 #176

What if you lose that 0.01 bankroll what will you do next? Because lets admit it everyone has a bad day or bad luck. What if you did not able to win 0.001 but instead you lose 0.01 bankroll. Are you going to deposit again and continue to withdraw everytime you get 0.001 or you will deposit to recover your loss?

For me if you have reach to lose 0.01 bitcoin it is a good limit for losing. And that is an indication that you need to take rest for a while and take some fresh air outside.

And for me, if every time you are going to win then it is not a good thing if you are going to withdraw that immediately because it is very small amount maybe 0.005 will do.

Vires in Numeris
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September 21, 2016, 04:23:00 AM
 #177

i think you are lucky if you are really playing gambling according to your strategy i think the most important thing is to have control on your self while gambling, because most of the people have no control on themselves while gambling,and continue loosing money tell the end.
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September 21, 2016, 04:36:11 AM
 #178

What if you lose that 0.01 bankroll what will you do next? Because lets admit it everyone has a bad day or bad luck. What if you did not able to win 0.001 but instead you lose 0.01 bankroll. Are you going to deposit again and continue to withdraw everytime you get 0.001 or you will deposit to recover your loss?

For me if you have reach to lose 0.01 bitcoin it is a good limit for losing. And that is an indication that you need to take rest for a while and take some fresh air outside.

And for me, if every time you are going to win then it is not a good thing if you are going to withdraw that immediately because it is very small amount maybe 0.005 will do.

0.001 is the very small amount if there is no fee for withdrawing your coin it is ok no problem. But if they take charges to withdraw means it is not a suitable method. My suggestion is atleast it should be 0.005+ BTC is enough money to withdraw. Anyway, your strategy is good, let's continue will see how much profit you will make.
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September 21, 2016, 05:01:19 AM
 #179

I was wrote on the paper, if i have got profit from trading i will play gambling and if i was lost for 0.005 bitcoin i must stop play gambling and never making deposit again and i must be discipline following my rules although it is hard.
novemberwoah
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September 21, 2016, 05:22:51 AM
 #180


Yes indeed self-control strategy is a must-have when they want to play gambling. Self-control will save us from losses due to addiction of bitcoin. It would be very helpful to avoid defeat in large quantities.
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