JasonXG (OP)
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July 14, 2016, 10:39:45 AM |
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Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.
That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.
Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%
5rolls of 90% = 50% profit.
1 roll at 50% = 100% profit.
Ita basic maths people....
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Capradina
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July 14, 2016, 10:45:37 AM |
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True, the chance is only determine the amount of losses is obtained and it is also the most influential of the profits obtained. I think this was done because they want to get enough profit and does not want to get the defeat (though it will get the defeat).
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poplolnman
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July 14, 2016, 10:54:24 AM |
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Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.
That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.
Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%
5rolls of 90% = 50% profit.
1 roll at 50% = 100% profit.
Ita basic maths people....
well if you do low odds bets continuously , sure you would lost it more than bet on 50:50 chance. let's say you bet 1btc at 1.1 odds , you won it 5x and you get 0.5 profit or 50% profit. this kind low odds bet only work for once or twice bet.
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I'm in 400,000 euros debt , dont help me , i rather die
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kryptqnick
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July 14, 2016, 10:58:11 AM |
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Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.
That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.
Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%
5rolls of 90% = 50% profit.
1 roll at 50% = 100% profit.
Ita basic maths people....
I think you're wrong. 1 roll at 50% can make you lose 100%. Whereas 5 rolls on 90% can lead to win with a higher probability
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Xanidas
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July 14, 2016, 11:26:03 AM |
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Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.
That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.
Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%
5rolls of 90% = 50% profit.
1 roll at 50% = 100% profit.
Ita basic maths people....
I think you're wrong. 1 roll at 50% can make you lose 100%. Whereas 5 rolls on 90% can lead to win with a higher probability 50% or 90% can both lose in the very first roll. I can only see here is the 1 roll is better coz you will only hit by the house edge 1 time unlike in 5 rolls at 90% win chance there will be 5x 1% house edge against you
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20kevin20
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July 14, 2016, 11:29:42 AM |
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This is right, but you see.. you are getting fooled even by playing with 50% odds. It never works for a long run, just (maybe) the first bets. I usually bet a few satoshis as a pre-roll, I win all of them, and then I go all in and loose all. This is why we are told to stay safe: everything looks too good to be true when it comes about gambling. And it is. Stay safe, guys! Don't risk it all! Because you can loose all you had as fast as you can double it.
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Mediator
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July 14, 2016, 11:38:20 AM |
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Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.
That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.
Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%
5rolls of 90% = 50% profit.
1 roll at 50% = 100% profit.
Ita basic maths people....
As far as I know if someone rolled 90% then if the bet lost he would raise the amount bet to close defeat if someone rolled up 90% and then lose and roll with the same bet I'm sure he never win because I've tried I'd rather roll up 0.1% comparison 1/999 this way is much better
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panjul07
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July 14, 2016, 01:46:47 PM |
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Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.
That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.
Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%
5rolls of 90% = 50% profit.
1 roll at 50% = 100% profit.
Ita basic maths people....
I think you're wrong. 1 roll at 50% can make you lose 100%. Whereas 5 rolls on 90% can lead to win with a higher probability Depends on your luck, you can lose all those 5rolls on 90% as well and it make you lose 500%. In order to make the same amount of profit, I will prefer to use 1 roll at 50% than 10rolls at 90% because the risk to lose in first bet is the same.
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fulgdenea
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July 14, 2016, 01:53:27 PM |
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Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.
That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.
Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%
5rolls of 90% = 50% profit.
1 roll at 50% = 100% profit.
Ita basic maths people....
Betting depend on our luck so it is not good idea to roll the dice on low payout like 98% win chance, I got 4 reds in row and more than 13 reds in just 30 bets, normally I also like to with 2x payout it is more better to play on a dice site instead to lose big amount on other high win chance there.
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rio3233
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July 14, 2016, 02:24:50 PM |
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Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.
That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.
Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%
5rolls of 90% = 50% profit.
1 roll at 50% = 100% profit.
Ita basic maths people....
well if you do low odds bets continuously , sure you would lost it more than bet on 50:50 chance. let's say you bet 1btc at 1.1 odds , you won it 5x and you get 0.5 profit or 50% profit. this kind low odds bet only work for once or twice bet. Do low odds bets continuously is very dangerous, especially on dice sites. you will ended with busted for sure, but if you bet on that odds for short run, you can easily get profit.
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Yutikas_11920
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July 14, 2016, 02:28:35 PM |
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Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.
That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.
Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%
5rolls of 90% = 50% profit.
1 roll at 50% = 100% profit.
Ita basic maths people....
well if you do low odds bets continuously , sure you would lost it more than bet on 50:50 chance. let's say you bet 1btc at 1.1 odds , you won it 5x and you get 0.5 profit or 50% profit. this kind low odds bet only work for once or twice bet. Do low odds bets continuously is very dangerous, especially on dice sites. you will ended with busted for sure, but if you bet on that odds for short run, you can easily get profit. True, do a lowly betting (odds) will have an impact on the Fund put dangerous, because we want results but it takes a little sacrifice is not comparable from the results obtained. But the way I think it is very useful for those who want to get out in the gambling.
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elite3000
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July 14, 2016, 02:39:38 PM |
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The house edge won't change no matter what, if you bet on dice.
Just do whatever you want, bet on low odds is no different than bet on high odds
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shanem
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July 14, 2016, 03:04:56 PM |
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No matter what odds you select in a dice game, the house edge is still there. Even if a select a very high chance of winning (>90%), one loss can wipe out your profits from 10 wins.
The reason why people select to bet at such low odds is they have a very high chance of winning than at standard 50% chance.
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razdva
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July 14, 2016, 03:10:49 PM |
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I think better make bet with 99,99999999999999% chances on win, because you can live your life and never seen lose)
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buddu
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July 14, 2016, 03:20:22 PM |
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People fool themselves because they need reasons to remain in gambling. I also saw many people inclusive myself when lost some significant amount of money said will not play anymore. It was me later who convinced me made fool of me , that trying different way this time luck will work and all will be in my favor. We don't understand that we foolish ourselves but not to someone else.
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arseaboy
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July 14, 2016, 03:24:36 PM |
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People fool themselves because they need reasons to remain in gambling. I also saw many people inclusive myself when lost some significant amount of money said will not play anymore. It was me later who convinced me made fool of me , that trying different way this time luck will work and all will be in my favor. We don't understand that we foolish ourselves but not to someone else.
I really feel you here sir hahaha, always saying that dice games was sucks and just wasting my time instead of doing trading but in the other side of my mind i'm still thinking how to win with the house carefully calculating the possible earnings or the possible bet that I need using martingale and avoid to lose again hahaha. for me that's fooling yourself already.
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aranachristianjay
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July 14, 2016, 03:31:26 PM |
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Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.
That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.
Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%
5rolls of 90% = 50% profit.
1 roll at 50% = 100% profit.
Ita basic maths people....
Yeah you are right, If we try to simply calculate the difference with betting in low odds and the other one when it regards to percentage of winning, then we do pose more profit if we win at 1 roll at 50 %. but for me actually, I do Not recommend playing a dice game in gambling as it tends to make you lose more of your money in the long run rather than win some from it.
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maxhor
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July 14, 2016, 03:35:56 PM |
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It is true there is very low chance to get recover when we lost on odds like 1.01 or something around that, than we had to take risk with more big amount to get recover and if we are unlucky than will get busted for sure, I also like to play with bigger odds to take risk of low amount.
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European Central Bank
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July 14, 2016, 03:46:17 PM |
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anyone who gambles anything expecting to do well out of it is fooling themselves. you should be doing it for fun, nothing more. if you're not having fun then it's time to step away.
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aranachristianjay
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July 14, 2016, 03:51:33 PM |
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anyone who gambles anything expecting to do well out of it is fooling themselves. you should be doing it for fun, nothing more. if you're not having fun then it's time to step away.
I believed on what you had just said. Same as what I want with gambling is to have a fun with it. So I think everyone should consider gambling as a source of fun only and not a source of money for living. Gambling is made to entertain gamblers so that they get fun from it and from playing in it. when you consider gambling as a source of money, then do you think you actually want to earn from unstable way of getting a money or losing something in it. I believed now that almost every gamblers do play for fun now.
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