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Author Topic: MY gambling strategy to limit loss and make btc  (Read 6747 times)
8Habits
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November 07, 2016, 07:58:26 AM
 #201

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
Well the Stertagy You are Using is Good But Your Way of Earning Money is Not Good....
I am Talking About Gambling, As You Know that Gambling Is a Shit Game Based on Pure Luck and I Never Seen Anyone Who Become Successful By Just Gambling.....
So I Suggest you to Leave Gambling and Do some Other Business.......
Yes I agree.. also have the same thought about this. You're strategy will work for now somehow and it's good for you. but when you start getting a losing streak you're going to curse the game. better do some other business to invest your money. there's no guarantee in winning when you do gambling.

that strategy maybe work for only for few people and not for all people, so i think we should make our strategy so we can get winning like him too. but all in all, thats strategy is work for him and made him a good amount of money.

It's actually a very good strategy. Backed with self control to stop whenever you reach beyond that amount, it a good way to gamble. Although there's no guarantee that you will exceed 0.01 before you stop, having a specific amount allotted to gambling would be a good start to being a responsible gambler

For me, if you are just gambling for fun and entertainment and will stop when your bankroll is gone already (money that you can afford to lose), then there is really no need for self control because you just wanna have some fun after all. Just bet randomly and see if it wins and having fun - but never ever replenish your bankroll when you run out of money on that session Wink
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November 07, 2016, 11:37:58 AM
 #202

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
Well the Stertagy You are Using is Good But Your Way of Earning Money is Not Good....
I am Talking About Gambling, As You Know that Gambling Is a Shit Game Based on Pure Luck and I Never Seen Anyone Who Become Successful By Just Gambling.....
So I Suggest you to Leave Gambling and Do some Other Business.......
Yes I agree.. also have the same thought about this. You're strategy will work for now somehow and it's good for you. but when you start getting a losing streak you're going to curse the game. better do some other business to invest your money. there's no guarantee in winning when you do gambling.

that strategy maybe work for only for few people and not for all people, so i think we should make our strategy so we can get winning like him too. but all in all, thats strategy is work for him and made him a good amount of money.

It's actually a very good strategy. Backed with self control to stop whenever you reach beyond that amount, it a good way to gamble. Although there's no guarantee that you will exceed 0.01 before you stop, having a specific amount allotted to gambling would be a good start to being a responsible gambler

For me, if you are just gambling for fun and entertainment and will stop when your bankroll is gone already (money that you can afford to lose), then there is really no need for self control because you just wanna have some fun after all. Just bet randomly and see if it wins and having fun - but never ever replenish your bankroll when you run out of money on that session Wink
Well if having some fun and allowing your lust to be filled up and just using enough money to play without any aim winnings will help us avoiding completely getting addicted and wrecking our life as we knew what gambling can bring us in the worse case scenario we do need to assess our self making it sure that we are just playing completely for fun and some enjoyment.

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November 07, 2016, 12:12:20 PM
 #203

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
Actually it's good yet bad too. Why? Its because of the amount you start of which is 0.01 and it looks like that a huge amount for you and betting with that high in just one just to get 0.001 is too risky. And you can even just win that at 90% with that bet amount. So rather prefer to bet with lower amount and win that than risking that amount in just one bet.

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November 09, 2016, 09:29:48 AM
 #204

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
Actually it's good yet bad too. Why? Its because of the amount you start of which is 0.01 and it looks like that a huge amount for you and betting with that high in just one just to get 0.001 is too risky. And you can even just win that at 90% with that bet amount. So rather prefer to bet with lower amount and win that than risking that amount in just one bet.
He didn't say anything about the multiplier that he choose. He didn't say that he's betting at 1.10x for you to assume that he only has 90% winning chance. It's not exactly 90% by the way because of the house edge. What he's trying to say is that he stops once he made 0.001BTC out of 0.01BTC. Maybe he's doing low amount of bets until he reach his goal.

Setting a goal is a good strategy in gambling but the problem is when he lose all of those 0.01BTC even before he makes 0.001BTC out of it. There are times when you're so unlucky that you don't even get into positive profit from the start.

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November 09, 2016, 10:30:02 AM
 #205

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
Actually it's good yet bad too. Why? Its because of the amount you start of which is 0.01 and it looks like that a huge amount for you and betting with that high in just one just to get 0.001 is too risky. And you can even just win that at 90% with that bet amount. So rather prefer to bet with lower amount and win that than risking that amount in just one bet.
He didn't say anything about the multiplier that he choose. He didn't say that he's betting at 1.10x for you to assume that he only has 90% winning chance. It's not exactly 90% by the way because of the house edge. What he's trying to say is that he stops once he made 0.001BTC out of 0.01BTC. Maybe he's doing low amount of bets until he reach his goal.

Setting a goal is a good strategy in gambling but the problem is when he lose all of those 0.01BTC even before he makes 0.001BTC out of it. There are times when you're so unlucky that you don't even get into positive profit from the start.
Betting the high odds to ensure good percentage of winning does not work to me all the time, the house made the difference and we will never gonna win in the long run, if you really want to have bigger win then it's betting to bet for big odds and if you are lucky then that's it, you will win big.

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November 12, 2016, 12:48:41 PM
 #206

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.  I would suggest that you must be aware that the longer you play, the more possible the house edge  kick in.  So I would suggest that aftere some rounds of winning, create another account and play with it leaving your old account idle for several days or weeks.

Creating new account after winning to get another winning is just a stupid mindset. Creating new account will never change the outcome, its all depend on luck. Perhaps you have experienced a winning streak with different accounts, but it was just lucky instead of the effect of the new account IMHO.
Having a limit on both winning and losing is the best way to control your gambling.

I think creating a new account on gambling like dice sites and gambling that have provably fair is also give some affect. I mean you can reduce the chance of lose.
LOL, how can you be sure if you can reduce chance of lose just with create a new account in gambling sites? It's the funny thing i ever heard from a gambler. Create new account -> provably fair, haha
Me too, this is only my first time to hear a situation like that, can you please explain to us further how can we reduce our loses by creating new accounts in gambling site? I really don't get this actually,
That is just a superstitious belief in gambling and doing that is just fooling your self. If your chances is low in a particular game due to house edge you will still lose and that's it, no one is going to win big in the long run unless he is lucky and immediately stop in gambling.
Yeah, I think after winning good amount in gambling and immediately stop playing will have you a good feeling in that day, cause you don't lose instead you give yourself a reward by playing and entertain yourself. If we are really lucky enough we can really win in gambling no matter what game is that.
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November 12, 2016, 01:09:16 PM
 #207

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.  I would suggest that you must be aware that the longer you play, the more possible the house edge  kick in.  So I would suggest that aftere some rounds of winning, create another account and play with it leaving your old account idle for several days or weeks.

Creating new account after winning to get another winning is just a stupid mindset. Creating new account will never change the outcome, its all depend on luck. Perhaps you have experienced a winning streak with different accounts, but it was just lucky instead of the effect of the new account IMHO.
Having a limit on both winning and losing is the best way to control your gambling.

I think creating a new account on gambling like dice sites and gambling that have provably fair is also give some affect. I mean you can reduce the chance of lose.
LOL, how can you be sure if you can reduce chance of lose just with create a new account in gambling sites? It's the funny thing i ever heard from a gambler. Create new account -> provably fair, haha
Me too, this is only my first time to hear a situation like that, can you please explain to us further how can we reduce our loses by creating new accounts in gambling site? I really don't get this actually,
That is just a superstitious belief in gambling and doing that is just fooling your self. If your chances is low in a particular game due to house edge you will still lose and that's it, no one is going to win big in the long run unless he is lucky and immediately stop in gambling.
Yeah, I think after winning good amount in gambling and immediately stop playing will have you a good feeling in that day, cause you don't lose instead you give yourself a reward by playing and entertain yourself. If we are really lucky enough we can really win in gambling no matter what game is that.

But i have tried this so many times that when i create a account and deposit and i win so many games and withdraw it next 2 3 days i win but after that i lose on good cards. and when i create a new account same thing is happening. and even have got profit in poker trying this option
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November 12, 2016, 01:11:59 PM
 #208

Everybody has own strategy and mostly betting with them some feel good with dice game and some like to play on slots, but from my opinion sports betting could be helpful for betting if we can make analysis about the playing teams and with this way we can get little profit for us.
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November 12, 2016, 01:50:01 PM
 #209

Everybody has own strategy and mostly betting with them some feel good with dice game and some like to play on slots, but from my opinion sports betting could be helpful for betting if we can make analysis about the playing teams and with this way we can get little profit for us.

Upon the closer predictions made with the help of different analysis regarding particular team users can get a high chance of winning. Even sometimes the predictions made goes wrong. So as OP mentioned placing 0.01btc and earning 0.001 by winning and withdrawing continuously is not possible all the time.

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November 13, 2016, 09:07:46 AM
 #210

Any method or strategy is bound to fail in real life. Why? because the maths is based on some assumptions that are rarely true in real life.

In general if you find any strategy useful, dont overdo it. Use it to make some wins (and loss) and then cash out while still on a green streak. If you keep on betting you are bound to lose. In other words, dont get greedy and depend on the method fully while your common sense and responsibilities are overlooked.

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November 13, 2016, 09:42:49 AM
 #211

Any method or strategy is bound to fail in real life. Why? because the maths is based on some assumptions that are rarely true in real life.

In general if you find any strategy useful, dont overdo it. Use it to make some wins (and loss) and then cash out while still on a green streak. If you keep on betting you are bound to lose. In other words, dont get greedy and depend on the method fully while your common sense and responsibilities are overlooked.
For sure house can make some adjustment making sure that they can still have edge.
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November 13, 2016, 09:43:37 AM
 #212

Any method or strategy is bound to fail in real life. Why? because the maths is based on some assumptions that are rarely true in real life.

In general if you find any strategy useful, dont overdo it. Use it to make some wins (and loss) and then cash out while still on a green streak. If you keep on betting you are bound to lose. In other words, dont get greedy and depend on the method fully while your common sense and responsibilities are overlooked.

Indeed there is no strategy will work for long time in real life every method stopped working after sometimes, than I'm agreed it would be nice decision to take withdraw time to time and give try to new strategy if it's working than it is okay otherwise never try to chase our loses there that is worse decision for gambling.
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November 13, 2016, 10:56:25 AM
 #213

Everybody has own strategy and mostly betting with them some feel good with dice game and some like to play on slots, but from my opinion sports betting could be helpful for betting if we can make analysis about the playing teams and with this way we can get little profit for us.

Upon the closer predictions made with the help of different analysis regarding particular team users can get a high chance of winning. Even sometimes the predictions made goes wrong. So as OP mentioned placing 0.01btc and earning 0.001 by winning and withdrawing continuously is not possible all the time.

Yup if the withdraw process is free then we can go for this process, But the sites charge for withdrawing our coins then this method does not work. Because for every transaction, they will charge I thnk 0.0002 BTC. So if we withdraw just 0.001 BTC, it is not worth. I don't know how this strategy will working for OP.
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November 13, 2016, 12:52:04 PM
 #214

Everybody has own strategy and mostly betting with them some feel good with dice game and some like to play on slots, but from my opinion sports betting could be helpful for betting if we can make analysis about the playing teams and with this way we can get little profit for us.

Upon the closer predictions made with the help of different analysis regarding particular team users can get a high chance of winning. Even sometimes the predictions made goes wrong. So as OP mentioned placing 0.01btc and earning 0.001 by winning and withdrawing continuously is not possible all the time.

Yup if the withdraw process is free then we can go for this process, But the sites charge for withdrawing our coins then this method does not work. Because for every transaction, they will charge I thnk 0.0002 BTC. So if we withdraw just 0.001 BTC, it is not worth. I don't know how this strategy will working for OP.
Think also that 0.001 is just a small amount to withdraw. Just withdraw like 0.1 if that is big in your range. You will be playing all the big withdrawal fee if you do not do it right, it's gambling dude you do not withdraw here when you do not get what you want.
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November 13, 2016, 03:15:02 PM
 #215

Indeed there is no strategy will work for long time in real life every method stopped working after sometimes
I have experienced that, no strategies will work for second time too in my case. I did spend more time to set up a strategy but when I was applying it in different site and I was unable to find any better results.

it would be nice decision to take withdraw time to time
This must be an universal strategy/money management technique that will help any gambler to minimize the losses by preventing unexpected large bet amount amount, usually gamblers go for it out of greedy.

Over all, I was not successful by following many of general gambling strategies/techniques. In my experience gambling will never be cracked due to the reason of we are gambling perfect by following strategies. It will be same and may give us profits only if you're lucky enough.
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November 13, 2016, 05:27:26 PM
 #216

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.  I would suggest that you must be aware that the longer you play, the more possible the house edge  kick in.  So I would suggest that aftere some rounds of winning, create another account and play with it leaving your old account idle for several days or weeks.

Creating new account after winning to get another winning is just a stupid mindset. Creating new account will never change the outcome, its all depend on luck. Perhaps you have experienced a winning streak with different accounts, but it was just lucky instead of the effect of the new account IMHO.
Having a limit on both winning and losing is the best way to control your gambling.

I think creating a new account on gambling like dice sites and gambling that have provably fair is also give some affect. I mean you can reduce the chance of lose.
LOL, how can you be sure if you can reduce chance of lose just with create a new account in gambling sites? It's the funny thing i ever heard from a gambler. Create new account -> provably fair, haha
Me too, this is only my first time to hear a situation like that, can you please explain to us further how can we reduce our loses by creating new accounts in gambling site? I really don't get this actually,
That is just a superstitious belief in gambling and doing that is just fooling your self. If your chances is low in a particular game due to house edge you will still lose and that's it, no one is going to win big in the long run unless he is lucky and immediately stop in gambling.
Yeah, I think after winning good amount in gambling and immediately stop playing will have you a good feeling in that day, cause you don't lose instead you give yourself a reward by playing and entertain yourself. If we are really lucky enough we can really win in gambling no matter what game is that.
but i think it is not so easy to stop gambling after winning a good amount, after wining some good bits people like to bet again and again and to make more and more money, but there are some people who can continue winning while other people lose the wining bit as well as their own money in gambling.
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November 14, 2016, 11:56:30 AM
 #217

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.  I would suggest that you must be aware that the longer you play, the more possible the house edge  kick in.  So I would suggest that aftere some rounds of winning, create another account and play with it leaving your old account idle for several days or weeks.

Creating new account after winning to get another winning is just a stupid mindset. Creating new account will never change the outcome, its all depend on luck. Perhaps you have experienced a winning streak with different accounts, but it was just lucky instead of the effect of the new account IMHO.
Having a limit on both winning and losing is the best way to control your gambling.

I think creating a new account on gambling like dice sites and gambling that have provably fair is also give some affect. I mean you can reduce the chance of lose.
LOL, how can you be sure if you can reduce chance of lose just with create a new account in gambling sites? It's the funny thing i ever heard from a gambler. Create new account -> provably fair, haha
Me too, this is only my first time to hear a situation like that, can you please explain to us further how can we reduce our loses by creating new accounts in gambling site? I really don't get this actually,
That is just a superstitious belief in gambling and doing that is just fooling your self. If your chances is low in a particular game due to house edge you will still lose and that's it, no one is going to win big in the long run unless he is lucky and immediately stop in gambling.
Yeah, I think after winning good amount in gambling and immediately stop playing will have you a good feeling in that day, cause you don't lose instead you give yourself a reward by playing and entertain yourself. If we are really lucky enough we can really win in gambling no matter what game is that.
but i think it is not so easy to stop gambling after winning a good amount, after wining some good bits people like to bet again and again and to make more and more money, but there are some people who can continue winning while other people lose the wining bit as well as their own money in gambling.

That is the reason why casino will going to profit at the end of the day because of people who continue playing during their winning streak because casino house edge will surely be in effect anytime soon. It is not really a good decision to just keep going when you are winning because you will eventually lose.
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November 14, 2016, 12:05:08 PM
 #218

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.  I would suggest that you must be aware that the longer you play, the more possible the house edge  kick in.  So I would suggest that aftere some rounds of winning, create another account and play with it leaving your old account idle for several days or weeks.

Creating new account after winning to get another winning is just a stupid mindset. Creating new account will never change the outcome, its all depend on luck. Perhaps you have experienced a winning streak with different accounts, but it was just lucky instead of the effect of the new account IMHO.
Having a limit on both winning and losing is the best way to control your gambling.

I think creating a new account on gambling like dice sites and gambling that have provably fair is also give some affect. I mean you can reduce the chance of lose.
LOL, how can you be sure if you can reduce chance of lose just with create a new account in gambling sites? It's the funny thing i ever heard from a gambler. Create new account -> provably fair, haha
Me too, this is only my first time to hear a situation like that, can you please explain to us further how can we reduce our loses by creating new accounts in gambling site? I really don't get this actually,
That is just a superstitious belief in gambling and doing that is just fooling your self. If your chances is low in a particular game due to house edge you will still lose and that's it, no one is going to win big in the long run unless he is lucky and immediately stop in gambling.
Yeah, I think after winning good amount in gambling and immediately stop playing will have you a good feeling in that day, cause you don't lose instead you give yourself a reward by playing and entertain yourself. If we are really lucky enough we can really win in gambling no matter what game is that.
but i think it is not so easy to stop gambling after winning a good amount, after wining some good bits people like to bet again and again and to make more and more money, but there are some people who can continue winning while other people lose the wining bit as well as their own money in gambling.

That is the reason why casino will going to profit at the end of the day because of people who continue playing during their winning streak because casino house edge will surely be in effect anytime soon. It is not really a good decision to just keep going when you are winning because you will eventually lose.

Quiet right but not true at all. Because if gambler is continuos winning it means that he have a profit greater than the house edge percentage. So even if it is on long run game but if it is continuos winning streak i think the casino is ain't gonna have profit. Just consider that the house edge is just a little portion of the bet and it can't cover the total loss

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November 16, 2016, 01:31:37 PM
 #219

Everybody has own strategy and mostly betting with them some feel good with dice game and some like to play on slots, but from my opinion sports betting could be helpful for betting if we can make analysis about the playing teams and with this way we can get little profit for us.

It is right everyone have strategy to play gambling, but you know many time our strategy doesn't work, Because of it is gambling, and gambling not see that we are experienced man or not. It is totally luck base, and i don't believe on it. If we want less loss than we get less lose, No way, it is impossible talk and also many games are not need strategy they only depend on luck.
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November 16, 2016, 06:56:26 PM
 #220

Everybody has own strategy and mostly betting with them some feel good with dice game and some like to play on slots, but from my opinion sports betting could be helpful for betting if we can make analysis about the playing teams and with this way we can get little profit for us.

It is right everyone have strategy to play gambling, but you know many time our strategy doesn't work, Because of it is gambling, and gambling not see that we are experienced man or not. It is totally luck base, and i don't believe on it. If we want less loss than we get less lose, No way, it is impossible talk and also many games are not need strategy they only depend on luck.

Yes, no strategies will work especially in slot games. These games are purely luck games. If you are lucky you will make a big profit or else you will end with the big loss. So yes the sports betting is the good choice to make a profit in Gambling. Here our skills will work out. Other than this in Poker game also you can make a profit. In sports betting, you can limit your loss and make a profit.
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