How Gamblers Gamble?

[Noctis Connor]

This is a dice game issue, most of the high rollers sticks with 2x payout or 50 percent chances of winning, and some high rollers stays in 2.4x payout with a martingale strategy, because they believe that these two strategies can make profits. Now, some gamblers follows their strategies in automated betting, they didn't know that they will lose in the long run, but they still gamble and continue betting. Even if they lost, they still not give up to retrieve their losses.

[Erza]

I'm trying to analyze behavioral trends on gamblers. Does anyone have a source to compare mass amounts of data from moneypot or other sites? Or do you have some evidence?

Basically, what I'm trying to figure out is:

1) Do people gamble with odds that are above or below 50/50?
2) How do people respond to large losses (in the event of conservative betting) or large wins (in the opposite event)

What is the point actually of your question? There is a lot of dice sites which is can provide you this thing. Why choose moneypot dice? And I guess moneypot has many dice games which one do you choose? And what is the reason do you need everyone response? Because on each people has different responses and  different limit on how much they are willing to lose or win

[Javi_Anibarro]

Yes, I like going at super low chances, or playing slots, which are kind of like that, if i lose y try one or 2 more times, and if i win, i round it to a full number and cash out

[lclclc223]

I'm trying to analyze behavioral trends on gamblers. Does anyone have a source to compare mass amounts of data from moneypot or other sites? Or do you have some evidence?

Basically, what I'm trying to figure out is:

1) Do people gamble with odds that are above or below 50/50?
2) How do people respond to large losses (in the event of conservative betting) or large wins (in the opposite event)

What is the point actually of your question? There is a lot of dice sites which is can provide you this thing. Why choose moneypot dice? And I guess moneypot has many dice games which one do you choose? And what is the reason do you need everyone response? Because on each people has different responses and  different limit on how much they are willing to lose or win

That is true, I should have been more specific with my question. I was actually asking about dice games only. What I meant by 50/50 was actually 2x odds. And the reason I chose moneypot is because they have a comprehensive list of all the bets placed. In addition, I think I should make clear what I am trying to do with this data: creating a strategic formula for investing in and divesting from the moneypot house depending on previous bets. Which leads me to another question. Perhaps you have heard the saying: the top 1% of people control 50% of the wealth. Now solve for x: the top x% of gamblers (on dice sites) account for 50% of the bet volume?

[bering]

you will see various answers regarding your questions because every gamblers have their own method and their strategies because some people more likely gamble with high odds than 50/50 and some of them also very like start gamble with small odds because they want safe bets and my answers for number 2 is win or losses will not so different for the real gamblers because if their results lost or won they will still do gamble day by day

[iv4n]

Before I played around x 2, with doubling every next bet or tripling depends. That is classic martingale and I didn't have luck, on dices with that kind of strategy, I have negative score with this game.
Recently I started to chase higher odds, I'm looking which numbers come and then I'm trying to hit something big, like more then x 10 or even higher odds. But I play with small amounts, I will never give more then 5 mBTC for playing dices, even this js just for a bit fun, if I hit something good, if not no nervousness. I lost to much and I don't wish to relax to much with dice game.

[panjul07]

Every gambler has their own style on how to gamble their money, gamblers may have more than one style on gambling depends on their own mood.
Its all about preferences but mostly dice gamblers are playing with 2x multiplier more often than other multiplier.

[naidray]

1) Do people gamble with odds that are above or below 50/50?

Yes. Higher the risk, higher the reward. That's just about it.

2) How do people respond to large losses (in the event of conservative betting) or large wins (in the opposite event)

That depends on people. Large losses, I don't take it personally if it's my fault. I would take it personally though if the game was rigged for me to lose. Besides, I never really gamble an amount that I cannot afford to lose so of course, whenever I gamble, I always have to think of the chances that I may lose them all.
With large wins however, if I did get  2x my initial, I'd probably stop and go for a different game.

[bbc.reporter]

I'm trying to analyze behavioral trends on gamblers. Does anyone have a source to compare mass amounts of data from moneypot or other sites? Or do you have some evidence?

Basically, what I'm trying to figure out is:

1) Do people gamble with odds that are above or below 50/50?
2) How do people respond to large losses (in the event of conservative betting) or large wins (in the opposite event)

If you started this thread to gather information in order to study the gambler's winning ways the you are out of luck. Most people in here are losing gamblers including me. So any suggestions made here should not be taken seriously. The winning gamblers will never expose the style they are playing. Why give away that information for free? I am sure they have gone through a lot of bad experience to become a winning gambler.

[20kevin20]

I usually go for >2x multiplier. Playing with lower or playing martingale isn't that fun for me. I know there's no strategy, there's no way you can play smart when gambling. It's all just about luck. And the multiplier is just our preference: high profit in long time or less profit in short time. After like a month of trying both, you'll find out you got the same profit.

[electronicfactura]

I don't have any specific multiplier to play with. all depends on situation and mood. Usually I like to play at 3X because in few streaks it shows one or two green streaks on this multiplier. When I want to play in auto mode then set multiplier at 1.10X and let the dice roll for like 100 bets. Manually I love to play at 3x-4X multiplier in dice and it works fine most of the time.

[buddu]

At multiplier of 2X I play in dice and don't touch the multiplier because in my opinion at this multiplier chances of winning are higher in comparison with 90% or so. What I change is amount where I use martingale with mixing of random bets. This is what I think using same method of placing bets is predictable by house though it is fair and clear.

[Xenophoto]

I usually just do less than 1.5x because the chances of winning is higher than doing 2x. If I want to recover losses, I just keep on betting until I completely recover my losses. Otherwise, I higher my bet and also the multiplier. If I win, then I would surely recover all the loss that I had.

There are also times when I get the feeling that it will rise up to 7x to 15x so I do manual betting and just follow my instincts when to cash out. 15x recovers 15 losses so no need to worry if you're losing a lot, once you win, you'll recover those losses.

[shugareward]

I'm trying to analyze behavioral trends on gamblers. Does anyone have a source to compare mass amounts of data from moneypot or other sites? Or do you have some evidence?

Basically, what I'm trying to figure out is:

1) Do people gamble with odds that are above or below 50/50?
2) How do people respond to large losses (in the event of conservative betting) or large wins (in the opposite event)

when i play at dice sites i play below 2x because i don't like to risk that much, but usually  i play poker and sport bets only these days now

[kpitti]

I do not have any specific way how to gamble. If I have good day I try to odds like 2.5, but more usualy going for lower odds.
All depends on the luck and amount I am beeting with.

[drwtsn32]

I wonder how you are going to evaluate this given that most of us voted for "some of each" option.

Anyways, how I deal with a huge loss is stopping my gambling for the day. I also do the same with dealing with a huge win.
I'm already lucky to win such a huge amount, I don't have the guts to risk it any longer.

[JasonXG]

I find 50/50 is best then you make the same amount each time and you can "catch" a loss by taking the exact same bet again. I martingale but on a loss I rebet again to break even. Then rebet again to get ahead +1 but if I fall behind I double up again to break even then go down again for a +1 win or stay the same for a +2 win then drop down to +1 again so if I lose I'm still up +1 . knowing when to hit or leave it is the most difficult though.

[harizen]

I'm trying to analyze behavioral trends on gamblers. Does anyone have a source to compare mass amounts of data from moneypot or other sites? Or do you have some evidence?

Basically, what I'm trying to figure out is:

1) Do people gamble with odds that are above or below 50/50?
2) How do people respond to large losses (in the event of conservative betting) or large wins (in the opposite event)

1) I will just state my case when it terms on sportsbetting since I mostly played this than the usual house edge games. When it comes to sportsbetting, everything above @1.8 is fine.

2) Depends again on that person as every gambler has different point of view on how will they respond in their losses. Again in my case, Im doing martingale in sports betting. No way you can hit the lossing streak for at least above 5 consecutive loss. If that's the case then better stay away from gambling now lol.

[michietn94]

They have on their own strategy on their gameplay but mostly I'm seeing they play with 2x multiplier and 3 multiplier.
If you gamble on dice, there are house edge that ready to take you down. But if we look on poker player for example : you can just bluffing as a part of your strategy to win the match

[newcripto]

Dice is not my first choice to play whenever I play online. I still have spent good time playing dice. My playing style is some of each option mentioned in poll. I never used martingale in dice and always play selective according to situation multipliers. Random bets and random higher multipliers many times worked for me.