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Author Topic: The House always wins.  (Read 8229 times)
ultrloa
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October 30, 2016, 12:30:00 PM
 #241

The house always wins seems impossible, otherwise we will always lose.
Dude, that's exactly what's happening. The house is always winning and we're always losing. See all the posts of these people, all of us have lost money because of gambling. I haven't seen a gambling site where the majority of people are happy because they can easily make money out of gambling. If that's the case, then the gambling site would just go to bankrupt.

The house is supposed to win so the gambling site will not shut down. And the very proof that gambling sites are doing a good work are the people around us saying that they lost money from gambling.


They are winning since they have house edge and so by that they can make sure that they will not lose their revenue and still continue to operate aswell as to make theirselves more richer,  and also i think the only happy people on gambling is those people who win big or even the jackpot, and the mostly posted on such threads here are just those crying babies who just been lose by their own greeds.

R


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October 30, 2016, 01:05:52 PM
 #242

The house always wins seems impossible, otherwise we will always lose.
Dude, that's exactly what's happening. The house is always winning and we're always losing. See all the posts of these people, all of us have lost money because of gambling. I haven't seen a gambling site where the majority of people are happy because they can easily make money out of gambling. If that's the case, then the gambling site would just go to bankrupt.

The house is supposed to win so the gambling site will not shut down. And the very proof that gambling sites are doing a good work are the people around us saying that they lost money from gambling.

I think he really havent tried to gamble yet or maybe he did win all the time. Wow! what a lucky man. But try to think out of the box. Try to read people's opinion about this. Many have been broke thanks to gambling specially those websites who had effed out and run away after some profit.

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October 30, 2016, 02:25:15 PM
 #243

The house always wins seems impossible, otherwise we will always lose.
Dude, that's exactly what's happening. The house is always winning and we're always losing. See all the posts of these people, all of us have lost money because of gambling. I haven't seen a gambling site where the majority of people are happy because they can easily make money out of gambling. If that's the case, then the gambling site would just go to bankrupt.

The house is supposed to win so the gambling site will not shut down. And the very proof that gambling sites are doing a good work are the people around us saying that they lost money from gambling.


They are winning since they have house edge and so by that they can make sure that they will not lose their revenue and still continue to operate aswell as to make theirselves more richer,  and also i think the only happy people on gambling is those people who win big or even the jackpot, and the mostly posted on such threads here are just those crying babies who just been lose by their own greeds.

All this because gambling is a business, so whatever it is, they will set out the advantages of others. because that business is a business and not an agency or corporate giveaway or compensation, or etc. So if you want to get an advantage in gambling then don't ever wish that you could get a big advantage, because it will make you into someone who is stupid because it is definitely not an advantage you get but a loss should you feel
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October 30, 2016, 05:11:16 PM
 #244

Most of us lose to the house because we do not have the capability to recover from our losses because of the small amount of our money or bitcoin. But not all people who gamble losses to the house , some people who have lots of bankroll to burn wins against the house plus they do know when to stop. Unlike most people they are already winning but they still kept on playing then in the long run every balance they have are gone.
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October 30, 2016, 05:20:43 PM
 #245

It's pretty much guaranteed that the house wins unless you withdraw early, or win and don't ever gamble again, whichever happens. Of course, both are pretty unlikely outcomes and most people like to go high and that usually results in a loss. The house needs to win for the casino to keep operating as well.
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October 30, 2016, 05:22:10 PM
 #246

This will always be this way, makes no sense be from other way, if the house dont wins, how they will keep their website, and why would they make a cash machine for costumers just, all wich gamble do wanna profit, but in the end the 100% that will get a return from the investment are the owners.
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October 30, 2016, 06:21:31 PM
 #247

This will always be this way, makes no sense be from other way, if the house dont wins, how they will keep their website, and why would they make a cash machine for costumers just, all wich gamble do wanna profit, but in the end the 100% that will get a return from the investment are the owners.
Yeah, they are the ones running the operation anyways so it's obvious that in the end, the house can't be beaten. They'll let you win at the start, but eventually the house would still win
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October 30, 2016, 06:42:25 PM
 #248

This will always be this way, makes no sense be from other way, if the house dont wins, how they will keep their website, and why would they make a cash machine for costumers just, all wich gamble do wanna profit, but in the end the 100% that will get a return from the investment are the owners.
Yeah, they are the ones running the operation anyways so it's obvious that in the end, the house can't be beaten. They'll let you win at the start, but eventually the house would still win
I experience this when i was new in bitcoin and i thought that i can make instant money but because of greediness i lose it all.. tried it again and deposit but the result still lose..



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October 30, 2016, 07:07:07 PM
 #249

This will always be this way, makes no sense be from other way, if the house dont wins, how they will keep their website, and why would they make a cash machine for costumers just, all wich gamble do wanna profit, but in the end the 100% that will get a return from the investment are the owners.
Yeah, they are the ones running the operation anyways so it's obvious that in the end, the house can't be beaten. They'll let you win at the start, but eventually the house would still win
I experience this when i was new in bitcoin and i thought that i can make instant money but because of greediness i lose it all.. tried it again and deposit but the result still lose..
You will face losses always, that is the nature of gambling not because of your greediness.

Due to the greediness to lost for 2 times. Yes, maximizing your losses is the vital role of greediness in gambling. If you are not greedy, you might have planned to stay away from gambling after your initial loss itself.

There are different types of gambling, there you do not need to play against house edge so you will have different type of gambling nature which will allow you to make profits.
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October 30, 2016, 07:15:09 PM
 #250

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 ) 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 Screw
They 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.)







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. 

At least you almost did get a profit from it (before losing that too)!
They do use all those methods to track you anyway for most sites and they seem more interesting on the faucet sites!

With a house edge of more than 1% there really isn't much point in gambling (a point in investing), but not gambing itself.

It's pretty much guaranteed that the house wins unless you withdraw early, or win and don't ever gamble again, whichever happens. Of course, both are pretty unlikely outcomes and most people like to go high and that usually results in a loss. The house needs to win for the casino to keep operating as well.
They rely on the fact that that idea is never done by gamblers.
You also have to win a fairly large proportion in order to even make the transaction to or from the site profitable! (say it takes 0.0002BTC to transact the coins, that's 0.0004BTC you have to earn and unless you invest 0.2BTC that's quite a substantial amount to get!
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October 30, 2016, 07:17:13 PM
 #251

That's true that house always wins, but there are chances where you start knowing in anything, including dice that you are starting to lose.
If you would stop there, you will still remain in profit and if not, you will lose everything to the house.
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October 31, 2016, 03:25:04 AM
 #252

The house always wins seems impossible, otherwise we will always lose.
Dude, that's exactly what's happening. The house is always winning and we're always losing. See all the posts of these people, all of us have lost money because of gambling. I haven't seen a gambling site where the majority of people are happy because they can easily make money out of gambling. If that's the case, then the gambling site would just go to bankrupt.

The house is supposed to win so the gambling site will not shut down. And the very proof that gambling sites are doing a good work are the people around us saying that they lost money from gambling.


They are winning since they have house edge and so by that they can make sure that they will not lose their revenue and still continue to operate aswell as to make theirselves more richer,  and also i think the only happy people on gambling is those people who win big or even the jackpot, and the mostly posted on such threads here are just those crying babies who just been lose by their own greeds.

Even those jackpots winners already lost much money on casinos trying to make profit. So in the end, I think everybody loses more than already earned on gambling games. I can be happy because I earned $10.000 on a gambling game, but I already lost $20.000 on the past trying to earn the $10.000. This is how the casinos give a false illusion of profit for players hahaha!  Cheesy

 
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October 31, 2016, 06:22:57 AM
 #253

This will always be this way, makes no sense be from other way, if the house dont wins, how they will keep their website, and why would they make a cash machine for costumers just, all wich gamble do wanna profit, but in the end the 100% that will get a return from the investment are the owners.
Yeah, they are the ones running the operation anyways so it's obvious that in the end, the house can't be beaten. They'll let you win at the start, but eventually the house would still win
I experience this when i was new in bitcoin and i thought that i can make instant money but because of greediness i lose it all.. tried it again and deposit but the result still lose..

That will happen to all gamblers in the beginning because when you win a small amount from gambling, then the mind will start thinking it is so easy to earn money from gambling. But we all should know that only luck can bring you money in gambling. So if you play longer time surely gambling houses going win at the end. It is always good to gamble with some fixed amount to have fun and if you're lucky then you will win money or no.
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October 31, 2016, 06:28:22 AM
 #254

Well yes, in the long term the house will always win because of the house  edge and especially with your freebitco.in, with 5% house edge is like one of the worst in the bitcoin world. You are able to get provably fair dice sites that offer 1% or less.

but blaming it on a provably fair casino... isn't on.
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October 31, 2016, 09:52:35 AM
 #255

Well yes, in the long term the house will always win because of the house  edge and especially with your freebitco.in, with 5% house edge is like one of the worst in the bitcoin world. You are able to get provably fair dice sites that offer 1% or less.

but blaming it on a provably fair casino... isn't on.
Well, regardless of the percentage of house edge as long as there a house edge we still lose. That is the reality because gambling sites are in business to make money and they have been proven it for many years that their business are profitable. We will die trying to win in gambling sites but we will not able to do it.

Just be wise and just play for fun..

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October 31, 2016, 10:01:49 AM
 #256

Well yes, in the long term the house will always win because of the house  edge and especially with your freebitco.in, with 5% house edge is like one of the worst in the bitcoin world. You are able to get provably fair dice sites that offer 1% or less.

but blaming it on a provably fair casino... isn't on.
Well, regardless of the percentage of house edge as long as there a house edge we still lose. That is the reality because gambling sites are in business to make money and they have been proven it for many years that their business are profitable. We will die trying to win in gambling sites but we will not able to do it.

Just be wise and just play for fun..

The house edge doesn't even matter. The house always wins because this is why casinos are a great business. People becoming greedy = house winning. It's HARD to abstain from becoming greedy. Unless you're going to limit your money, it's almost impossible.
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October 31, 2016, 01:10:55 PM
 #257

The house always wins seems impossible, otherwise we will always lose.
Dude, that's exactly what's happening. The house is always winning and we're always losing. See all the posts of these people, all of us have lost money because of gambling. I haven't seen a gambling site where the majority of people are happy because they can easily make money out of gambling. If that's the case, then the gambling site would just go to bankrupt.

The house is supposed to win so the gambling site will not shut down. And the very proof that gambling sites are doing a good work are the people around us saying that they lost money from gambling.
Maybe I just took it literally and you are thinking in a general setting, what I notice about a specific thread here who invest in different casinos, he has an investment in one site that does not give him profit and that makes me conclude that gambling sites does not win all the time but they win in the long run.

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October 31, 2016, 04:07:54 PM
 #258

That's true that house always wins, but there are chances where you start knowing in anything, including dice that you are starting to lose.
If you would stop there, you will still remain in profit and if not, you will lose everything to the house.
Actually we only lose because of our own greed. It's because of the thrill we get every time we roll that dice. We feel that its our lucky day because we win on a lot of rolls and we max out that luckiness we feel until the we lose on the last few bets we made.

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October 31, 2016, 04:28:57 PM
 #259

House may not win 100% of the time because there is at time someone can win jackpot or super lucky on that day. However, even if you manage to win a huge amount, you will still end up coming back to bet more and eventually lose in the long run.
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October 31, 2016, 05:57:02 PM
 #260

House may not win 100% of the time because there is at time someone can win jackpot or super lucky on that day. However, even if you manage to win a huge amount, you will still end up coming back to bet more and eventually lose in the long run.

Yes but that's once in a blue moon situation where there is someone who will get lucky but yeah most of the time house always wins in the long run.

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