The_Dark_Knight
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September 14, 2016, 07:39:06 AM |
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I am not a gambler but wanted to give it a try for some fun experiment and some time I had left with, whatever I gambled with 25$ (with the sake of checking how long I can prolong my loss). The rest of the story continues. So this is my case from FreeBitCo.in but sure would be the case with any Gambling website. Modified the more famous martingale script available all over the internet so that it extends the game play with some added tricks and tweaks to the script so that it takes its own time to run, with little profits along the way. The saying of being provably fair is also not a valid point. It is written inside the system that it has to make sure the user loses if he/she is dumb enough to play for a long period of time. What you have in hand to say that the system is fair? 1) Client- Seed What the house has to say that we can screw you anytime? 1) Your Constant incoming Client seed, 2) Server Seed, 3) Server Seed Hash, Not enough? 4) Bitcoin Address, 5) Email address, Still not enough? 6) IP Address. and there may be several more to detect that its coming from you and follow behind you to screw you. Game Play.Deposited BTC0.02800000 (around 17.5$ which was what got left after the high transfer fees of VirWox(Card/SLL/BTC conversion)) to the account. Ran my script for several hours with no issues at all (saw several timeouts in between ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ) and started accumulating satoshis. The max balance I had before being defeated is nearly 0.04700000 where in I spent a good 12 hours of play. A Calculation, showing step play starting with 1 satoshi. My Logic for Play.Script is simple which works on Payouts ranging 30-35, running the values over and over again for small periods and then increment step by step till loses of 137 steps. Once it reaches step 138 it multiplies 1.035 by itself and plays the next round. At each step there is a win for sure until you are screwed by the System showing "Insufficient Balance to play". Their Logic To ScrewThey work with averages. Average the payout values to keep the game going for sometime. Then suddenly give the game less than required averages (for e.g. give contiguous wins within 5 to 10 steps on several occasions so that a single game can be extended beyond an average which decides to screw you out of shape.). On the way of the game they keep a calculation of how much balance you have, with the number of wagers you made and with the value of bet you are playing and how long you can go. If they feel they are near to 70% of the averaged game and the balance has not dropped sufficiently they say they give up and give you a win (but not always). Took screenshots of big losing streaks (but a win) along the way (though was not able to take screenshot of the final losing streak of 254 consecutive loses with start of 19 satoshis. BTW went till 310 continuous loses with start of 1 satoshi but eventually won.) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimgur.com%2Fx5q6gii&t=665&c=qUfMv4AfCmQczw) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimgur.com%2FAZweLc2&t=665&c=5B9mlMKlImTiDQ) How does dice scripts survive. 1) My best assumption is by the bets that users put by collecting all the satoshis earned from external faucets just to blow it away on gambling websites. So Dice websites work as if they are the aggregator of all the faucets (The House always wins). But this will only work till the google adsense pay is good and bitcoin price doesn't skyrocket. 2) People like me experimenting with no actual worth of experiment. 3) People who have lots of stash to blow. Conclusion:You can never beat the system. If it decides to screw you, you are screwed. What ever you do you are gonna give it all to the house back (along with the winnings) in the long run from any of the Dice websites. The OP does not seem to understand that provably fair and house edge are two different concepts, in the first line the OP says that he is not a gambler, well, it definitely shows.
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bitcoinmasterlord
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September 14, 2016, 10:12:56 AM |
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Not true not always because if it was always then no one wanted to play and we wouldn't have so many online casinos around forums and on the internet.
I think you understand wrongly if there are many winners then you won't see many gambling houses but they are the winner at the end so you're seeing so many gambling houses on the internet and real ones. People knows that winning chances are very less in gambling but still they gamble because they think it is easy and fast way to earn money.
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fullypak
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September 14, 2016, 12:57:09 PM |
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Not true not always because if it was always then no one wanted to play and we wouldn't have so many online casinos around forums and on the internet.
I think you understand wrongly if there are many winners then you won't see many gambling houses but they are the winner at the end so you're seeing so many gambling houses on the internet and real ones. People knows that winning chances are very less in gambling but still they gamble because they think it is easy and fast way to earn money. There are so many online gambling sites are coming because they know that if anyone gamble for a longer time, then they can win money so all casinos will try to come up with many new exciting games so that they can keep players busy and they can make a profit. In very rare cases gambling houses will lose money unless they mismanage things.
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btc-facebook
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September 14, 2016, 04:20:30 PM |
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Depend on where do you play... If the house always win why many player still playing around the that site ? They still hope for winning ?
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ubitcoin
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September 14, 2016, 05:51:31 PM |
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Depend on where do you play... If the house always win why many player still playing around the that site ? They still hope for winning ?
Of course, the hope of winning will push gambler to try again. The hope of winning must be the root cause for gambling addiction, and even after winning a gambler will keep on playing to get more number of winning instead of quitting it. If there is no image like gambling is not giving free money, then there will be some chances that people will not have such meaningless hopes.
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Bitcoinsummoner
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September 14, 2016, 05:55:04 PM |
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Depend on where do you play... If the house always win why many player still playing around the that site ? They still hope for winning ?
Yeah there is hope but i think they are not looking for a profit they are looking for entertainment thats why they are coming back to gamble again.. Its more loses than winning chance..
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upsidedown75
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September 14, 2016, 06:06:14 PM |
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Depend on where do you play... If the house always win why many player still playing around the that site ? They still hope for winning ?
Yes, it is a mystery why gamblers are keep on gambling among many losses. I do see people are going for gambling with a loan money. It means they are expecting something else other than winning from gambling. This shows almost every gambler is going for gambling not just for winning some bitcoins but the purpose of getting them selves entertained.
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rickadone
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September 14, 2016, 06:09:40 PM |
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Depend on where do you play... If the house always win why many player still playing around the that site ? They still hope for winning ?
Yes, it is a mystery why gamblers are keep on gambling among many losses. I do see people are going for gambling with a loan money. It means they are expecting something else other than winning from gambling. This shows almost every gambler is going for gambling not just for winning some bitcoins but the purpose of getting them selves entertained. If this is true, then there will not be any frustrated gambler after his gambling hours. But we do see many gamblers are sharing their big losses with gambling. There will be only very low percentage of gamblers are going for it with the intention of gaining fun. Other people are going with the intention of making money even they have found the house always win.
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dinda22
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September 14, 2016, 06:19:33 PM |
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Depend on where do you play... If the house always win why many player still playing around the that site ? They still hope for winning ?
Yeah there is hope but i think they are not looking for a profit they are looking for entertainment thats why they are coming back to gamble again.. Its more loses than winning chance.. why there are still many who play because they still have a chance to earn a profit, although in the end the house always wins. therefore I do not like the games which has a house edge. I prefer to play sports betting. This pure knowledge and a little luck.
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Vhern
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September 14, 2016, 07:38:06 PM |
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Depend on where do you play... If the house always win why many player still playing around the that site ? They still hope for winning ?
Yeah there is hope but i think they are not looking for a profit they are looking for entertainment thats why they are coming back to gamble again.. Its more loses than winning chance.. why there are still many who play because they still have a chance to earn a profit, although in the end the house always wins. therefore I do not like the games which has a house edge. I prefer to play sports betting. This pure knowledge and a little luck. People come back because they have chance to win in short term... You can win a straight of 5x of a 48/52... And in a long term you will win 4800 and lose 5200... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Poker/Sports requires knowledge... Other gambles are just lucky...
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hua_hui
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September 14, 2016, 09:21:09 PM |
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Why did so many casino appear, one after another in the real world? It is because they are making huge money and the profit is crazy so a lot of people want to take the profit pie. This goes to show how hard is it for the gambler to win against the house. It is not easy to win but there are some cases whereby the gambler manage to win. But in the long run, they will end up losing it back to casino.
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The_Dark_Knight
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September 16, 2016, 01:52:22 AM |
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Depend on where do you play... If the house always win why many player still playing around the that site ? They still hope for winning ?
Yeah there is hope but i think they are not looking for a profit they are looking for entertainment thats why they are coming back to gamble again.. Its more loses than winning chance.. why there are still many who play because they still have a chance to earn a profit, although in the end the house always wins. therefore I do not like the games which has a house edge. I prefer to play sports betting. This pure knowledge and a little luck. While it is true that in sports betting you can make money with the right skills, you are mistaken when you imply that sports betting does not have a house edge, there is a house edge in every bet that you make against the house, the only places where there is not a house edge are the sports exchange like betfair because you are betting against players, but unless they are really dumb they will set the odds in order to give themselves an edge.
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Maslate
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September 16, 2016, 05:55:59 AM |
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Depend on where do you play... If the house always win why many player still playing around the that site ? They still hope for winning ?
Yeah there is hope but i think they are not looking for a profit they are looking for entertainment thats why they are coming back to gamble again.. Its more loses than winning chance.. why there are still many who play because they still have a chance to earn a profit, although in the end the house always wins. therefore I do not like the games which has a house edge. I prefer to play sports betting. This pure knowledge and a little luck. While it is true that in sports betting you can make money with the right skills, you are mistaken when you imply that sports betting does not have a house edge, there is a house edge in every bet that you make against the house, the only places where there is not a house edge are the sports exchange like betfair because you are betting against players, but unless they are really dumb they will set the odds in order to give themselves an edge. Where is the house edge then, I think you are referring to juice which is normally 10% of your bets, but if you like you can always choose your bet and get the best odds of over 2, right?
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MONKEYJUNK
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September 16, 2016, 05:23:56 PM |
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Depend on where do you play... If the house always win why many player still playing around the that site ? They still hope for winning ?
Yeah there is hope but i think they are not looking for a profit they are looking for entertainment thats why they are coming back to gamble again.. Its more loses than winning chance.. why there are still many who play because they still have a chance to earn a profit, although in the end the house always wins. therefore I do not like the games which has a house edge. I prefer to play sports betting. This pure knowledge and a little luck. While it is true that in sports betting you can make money with the right skills, you are mistaken when you imply that sports betting does not have a house edge, there is a house edge in every bet that you make against the house, the only places where there is not a house edge are the sports exchange like betfair because you are betting against players, but unless they are really dumb they will set the odds in order to give themselves an edge. Where is the house edge then, I think you are referring to juice which is normally 10% of your bets, but if you like you can always choose your bet and get the best odds of over 2, right? The house always will win, poker are player vs player but the house have a rake(5%-10%)... dice games have ~2% of edge... and in sporting bet you can calculate the edge too... the house will always win... maybe you can bet in more than one house to explore...
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amacar2
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September 16, 2016, 07:18:04 PM |
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Depend on where do you play... If the house always win why many player still playing around the that site ? They still hope for winning ?
Even if sites/games are not rigged, chance of house winning will be always high with odds they offer and house edge they have even when you win. Another factor that makes site win is the greed every normal human being have whenever they win or panic to recover loss when they loss. Altogether i also think House Always Wins slogan is right.
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machinek20
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September 16, 2016, 11:43:23 PM |
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It is true, no matter what site you are playing, the house is always win, they already created a system that can minimalized their casualties, so dont get too greedy whenever you gamble, you going to end up crying in the corner if you try to win from the house
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Nimbulan
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September 16, 2016, 11:46:10 PM |
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don't challenge the house because you can not win. the house is make rule, and always win on every games, better you challange other player and maybe you can get win with easy.
Yeah that is the advantage of gambling casino they are putting some house edge.. you will never win even you skilled thats why its always base in your luck.. so if you really want to defeat the house it takes a long time before you can defeat them.. don't take to long time to eat all of your money before you can defeat the house and it would not good for you, as your money will be empty so fast. better to challenge other player, who knows you have the good luck and can win the games. well it depends on how much risks you will take, if you play with small money and dont risk too much then you will definitely not lose all your money fast, besides that i am pretty sure that house always wins in a really long run no matter what, if you want to beat the house then you should just gamble for a short period of time and get out until you are in profit and never gamble there
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Viyamore
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September 16, 2016, 11:56:47 PM |
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Depend on where do you play... If the house always win why many player still playing around the that site ? They still hope for winning ?
Yeah i agree chief ,it all depends on what game and what site did you play on. But somehow its also a True that Gambling house or the owner wins as a big chance about 80% especially on dice games ,slots etc.. which only the computer setting or setup is the who battles your skill and luck. Some sites and other games only 50-50% chances of winning and the house only earn from deposits and withdrawals .
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jhenfelipe
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September 17, 2016, 12:30:31 AM |
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don't challenge the house because you can not win. the house is make rule, and always win on every games, better you challange other player and maybe you can get win with easy.
Yeah that is the advantage of gambling casino they are putting some house edge.. you will never win even you skilled thats why its always base in your luck.. so if you really want to defeat the house it takes a long time before you can defeat them.. don't take to long time to eat all of your money before you can defeat the house and it would not good for you, as your money will be empty so fast. better to challenge other player, who knows you have the good luck and can win the games. well it depends on how much risks you will take, if you play with small money and dont risk too much then you will definitely not lose all your money fast, besides that i am pretty sure that house always wins in a really long run no matter what, if you want to beat the house then you should just gamble for a short period of time and get out until you are in profit and never gamble there Agree with you Nimbulan. This is my point of view. In general (I mean all the players and not a specific person), I do agree that the house always wins in the long run. A specific person can win several times on a site. So let's say that this person is very lucky for a day or several days. Even that person is winning, other people are losing, that's for sure. It's even possible that their losses are greater than that specific person's winnings. So still, the house always wins.
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pooya87
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September 17, 2016, 04:53:08 AM |
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don't challenge the house because you can not win. the house is make rule, and always win on every games, better you challange other player and maybe you can get win with easy.
Yeah that is the advantage of gambling casino they are putting some house edge.. you will never win even you skilled thats why its always base in your luck.. so if you really want to defeat the house it takes a long time before you can defeat them.. don't take to long time to eat all of your money before you can defeat the house and it would not good for you, as your money will be empty so fast. better to challenge other player, who knows you have the good luck and can win the games. well it depends on how much risks you will take, if you play with small money and dont risk too much then you will definitely not lose all your money fast, besides that i am pretty sure that house always wins in a really long run no matter what, if you want to beat the house then you should just gamble for a short period of time and get out until you are in profit and never gamble there Agree with you Nimbulan. This is my point of view. In general (I mean all the players and not a specific person), I do agree that the house always wins in the long run. A specific person can win several times on a site. So let's say that this person is very lucky for a day or several days. Even that person is winning, other people are losing, that's for sure. It's even possible that their losses are greater than that specific person's winnings. So still, the house always wins. the thing that you should always remember is that people who gamble are usually gambling for a long run. so they all fall under the category of losing and the house can beat everybody because of this simple fact. so even those specific persons who win in a day or several days even, they will continue gambling and end up losing.
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