dunfida
Legendary
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Activity: 3220
Merit: 1156
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October 16, 2016, 07:01:48 AM |
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Tried this once with 100k sato bet and resulted in a loss. Honestly, there is a low probability to win on this game, a very low one. This is not recommended for those people who have less bankroll.
I agree with you, winning chance on this kind of game is very low which you would really need a huge bankroll to be profitable with it but its not a guarantee hence the winning percentage to lose is too far away. I just bet once and failed and i wont bet ever again this kind of game.
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npredtorch
Legendary
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Activity: 1246
Merit: 1049
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October 16, 2016, 11:42:12 AM |
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Tried this once with 100k sato bet and resulted in a loss. Honestly, there is a low probability to win on this game, a very low one. This is not recommended for those people who have less bankroll.
And to you really think that huge bankroll will help you win more? The only way I can think of which will help you win more is if can cover more bet options. But I don't think that huge bankroll is necessarily needed for that. Higher bankroll is not necessary to win, wait.. what? No, I don't agree with that. Higher bankroll will all be applicable to any gambling game. Most people can't win on the first try, they need alot of tries to have it. So, how can they beat the house if on their first bet, they are already shrunk? Take bitcoinbetting.website as an example. Actually, this is one of the gambling site with the lowest rate to win. You have to win once before reaching your 16th bet to win some bits.
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equator
Legendary
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Activity: 1190
Merit: 1002
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October 16, 2016, 01:33:31 PM |
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Tried this once with 100k sato bet and resulted in a loss. Honestly, there is a low probability to win on this game, a very low one. This is not recommended for those people who have less bankroll.
And to you really think that huge bankroll will help you win more? The only way I can think of which will help you win more is if can cover more bet options. But I don't think that huge bankroll is necessarily needed for that. Higher bankroll is not necessary to win, wait.. what? No, I don't agree with that. Higher bankroll will all be applicable to any gambling game. Most people can't win on the first try, they need alot of tries to have it. So, how can they beat the house if on their first bet, they are already shrunk? Take bitcoinbetting.website as an example. Actually, this is one of the gambling site with the lowest rate to win. You have to win once before reaching your 16th bet to win some bits. What you are telling is like on every 16th bet it is surely winning then anyone can deposit high and bet low bitcoins till 15th bet and on 16th bet bet full bankroll and win it, like this you can make a big bankroll, dont try to fool the users with this unlogic strategy. What if the user loses on 16th bet also, this is possible if not every one will win high and no one will be in loss in this site except the Site owner who is going to lose all.
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RocketSingh
Legendary
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Activity: 1662
Merit: 1050
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October 16, 2016, 03:37:40 PM |
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Take bitcoinbetting.website as an example. Actually, this is one of the gambling site with the lowest rate to win. You have to win once before reaching your 16th bet to win some bits.
www.bitcoinbetting.website allows u to place bet on as many options as u want in each block. If u place bet on only one option, then your odds are high. But, if u place bets on 8 options in a block, then your chance of win is pretty high. The dashboard merely shows each bet in a row and hence it appears that the rate of loss is high. U never know whether the same person is betting on multiple options in a single block and winning one. At the end of the day, it is all about strategy to take advantage of the 0% house edge.
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npredtorch
Legendary
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Activity: 1246
Merit: 1049
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October 17, 2016, 11:46:44 PM |
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What you are telling is like on every 16th bet it is surely winning then anyone can deposit high and bet low bitcoins till 15th bet and on 16th bet bet full bankroll and win it, like this you can make a big bankroll,
You should re-read my statement . I didn't said anything about "sure winning". dont try to fool the users with this unlogic strategy. What if the user loses on 16th bet also, this is possible if not every one will win high and no one will be in loss in this site except the Site owner who is going to lose all.
Yes you're right, there is a chance too that it will be all 16x reds. Take bitcoinbetting.website as an example. Actually, this is one of the gambling site with the lowest rate to win. You have to win once before reaching your 16th bet to win some bits.
www.bitcoinbetting.website allows u to place bet on as many options as u want in each block. If u place bet on only one option, then your odds are high. But, if u place bets on 8 options in a block, then your chance of win is pretty high. Yes, that's what I'm saying . Good bankroll == you can bet as many as you want to lower the odds and increase the winning chances.
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Erza
Legendary
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Activity: 1078
Merit: 1000
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October 18, 2016, 12:13:14 AM |
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Take bitcoinbetting.website as an example. Actually, this is one of the gambling site with the lowest rate to win. You have to win once before reaching your 16th bet to win some bits.
www.bitcoinbetting.website allows u to place bet on as many options as u want in each block. If u place bet on only one option, then your odds are high. But, if u place bets on 8 options in a block, then your chance of win is pretty high. The dashboard merely shows each bet in a row and hence it appears that the rate of loss is high. U never know whether the same person is betting on multiple options in a single block and winning one. At the end of the day, it is all about strategy to take advantage of the 0% house edge. Although you place more options, does it allow you to win? 0% house edge for this method will let you a sure win thing. And how much is the payout for the multiple options? This is more likely dice games or may be better than dice games if there is no house edge
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neochiny
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October 21, 2016, 11:54:29 PM |
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Are you really saying you're not just advertising the site? lol. Sure looks like it to me. Seem pretty active in showing the winning rolls. Besides, that win doesn't really say much. The 'guy' could have a lost $100's if not $1000's before that 'winning' bet. Same as after. And yep, would probably need a sizable bankroll to increase win chance.
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Roboabhishek
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October 22, 2016, 07:22:56 AM |
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Wrong section, should be in gambling section, very nice winnings, lucky guy. First thing is that this is posted in gambling section nothing wrong :'\ Secondly congratulation to the OP for such nice wins with 0% house edge Good luck for future
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Jimmy Wales (OP)
Member
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Activity: 141
Merit: 17
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October 22, 2016, 06:06:04 PM |
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Are you really saying you're not just advertising the site? lol. Sure looks like it to me. Seem pretty active in showing the winning rolls.
I'm kinda excited about this 0% house edge thing and closely tracking progress of the site. So, if there is a BIG winning there, I let the community know. Besides, that win doesn't really say much. The 'guy' could have a lost $100's if not $1000's before that 'winning' bet. Same as after.
The beauty of an on chain betting game is that, u never know who is the owner of which bet. Everything is anonymous and I like this anonymity. And yep, would probably need a sizable bankroll to increase win chance.
For a sizable win, that's true for any betting site in general.
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bitKaBoom
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October 24, 2016, 03:33:10 AM |
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x16 is cool! what chance to win? i think is hard to win..
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milewilda
Legendary
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Activity: 3248
Merit: 1155
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October 24, 2016, 05:21:23 AM |
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x16 is cool! what chance to win? i think is hard to win..
Why wont you try it for yourself? Expect the winning rate would be small though because you are choosing 16 selection which means you have only 6.25% chance to win in every roll. Members do always mentioned here that you would really need a big bankroll in able to sustain these kind of game which odds are really small and the chances of winning but its still rewarding when you hit it. I could really say that those person who able to make 0.3+ btc on their bets are just lucky though and its part of gambling, nothing to be surprised about it.
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buxlover
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October 24, 2016, 05:33:26 PM |
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x16 is cool! what chance to win? i think is hard to win..
Why wont you try it for yourself? Expect the winning rate would be small though because you are choosing 16 selection which means you have only 6.25% chance to win in every roll. Members do always mentioned here that you would really need a big bankroll in able to sustain these kind of game which odds are really small and the chances of winning but its still rewarding when you hit it. I could really say that those person who able to make 0.3+ btc on their bets are just lucky though and its part of gambling, nothing to be surprised about it. Yep i too agree someone needs pure luck to win without heavy bankroll, if they fail continuously for 15 times in a row with single bet each time you lost your bankroll, which is more possible with 6.25% chance. we have seen more loose streaks even with 49% chance of winning. But it will be surprise if someone wins that bet with 6.25% chances, but nearly hard chance to win. you guys just think of 6.25% to win but you have 93.75% chance to loose your bet.
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LFC_Bitcoin
Legendary
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Activity: 3668
Merit: 10255
#1 VIP Crypto Casino
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October 24, 2016, 05:35:03 PM |
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Yeah that's a really nice win from such a small initial outlay. Hmmmm maybe I need to check this site out, never used it before.
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RocketSingh
Legendary
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Activity: 1662
Merit: 1050
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October 24, 2016, 07:20:53 PM |
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93.75% chance to loose your bet.
Only if u r greedy enough to place just one bet in one block and expect 16x return. It is not a rocket science to place multiple bets in a single block to increase your chance of winning. If u place 15 bets on 15 different options and all those bets get confirmed in the same block, then you have 93.75% chance to win your bet.
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bitKaBoom
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October 26, 2016, 01:54:23 AM |
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x16 is cool! what chance to win? i think is hard to win..
Why wont you try it for yourself? Expect the winning rate would be small though because you are choosing 16 selection which means you have only 6.25% chance to win in every roll. Members do always mentioned here that you would really need a big bankroll in able to sustain these kind of game which odds are really small and the chances of winning but its still rewarding when you hit it. I could really say that those person who able to make 0.3+ btc on their bets are just lucky though and its part of gambling, nothing to be surprised about it. good, i will try soon. i want win if my lucky will be with me.
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bitKaBoom
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October 26, 2016, 02:01:33 AM |
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Yeah that's a really nice win from such a small initial outlay. Hmmmm maybe I need to check this site out, never used it before. this is really big win and have proof. good luck admin!
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cjmoles
Legendary
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Activity: 1176
Merit: 1017
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October 28, 2016, 08:26:32 PM |
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LOL....Some of the math skills of the members we find in these threads are impeccable. The critical thinking skills are even more overwhelming....I don't know here though....can somebody break down the math for me? How does the house make money on this project?
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DutchDemon
Jr. Member
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Activity: 115
Merit: 4
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October 30, 2016, 10:44:26 AM |
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LOL....Some of the math skills of the members we find in these threads are impeccable. The critical thinking skills are even more overwhelming....I don't know here though....can somebody break down the math for me? How does the house make money on this project?
U seem to be an example of an ultimate hypocrite. First u were complaining in the announcement thread about high house edge and now u r complaining about low house edge! Though I guessed your hypocrisy on July 20, 2016... Nice new site. But i saw so many status is lose in Live Gambling Data. Maybe it's hard game. Good Luck For New Betting Site The funny thing is, those who were complaining about the house edge for last 3 pages, are now nowhere around, while the house edge is down to 0%. I'm sure they'll make a comeback if house edge goes up. It is now pretty clear that u r from some other project and desperate to show this one under bad light in whatever way possible.
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RocketSingh
Legendary
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Activity: 1662
Merit: 1050
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October 30, 2016, 10:59:25 AM |
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So far, I am not aware of any other than this one. But, another BIG win took place on this site where someone converted 0.0698 BTC to 1.1168 BTC. I think, that bet details should be included in OP. Related thread - https://bitcointalk.org/index.php?topic=1643063.0
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