🌟Just seen someone win $42,000 in btc on bitvest.🌟

Quote from: jtalk on November 05, 2016, 02:31:44 PM

Off course larger bankroll will help you to win big amount which will be loss for house without any question. If all goes well with bigger bets you need fewer winning streaks else you will loose all your money. This guy's bets clearly show that he took great risk and won he was lucky. This simply will not be for him or anyone else to be seen again.

what you told is correct it is purely luck , what if all that bets got lost then he would have been in full loss, so he took a big risk and earned a profit. But it is not recommended.

That's was only largest win statistic it doesn't mean he has won that much money, we do not know how that has been spent by him for that

This is my first time to see largest profit from gambling it is hard to win their honestly and yeah according to your question if there is no bet limitation and you bet either huge amount of btc you can defeat the house.. or you can make more profit.
Congrats to N8snathan that he is lucky to make such a large amount of profit..

Quote from: BTCLovingDude on November 05, 2016, 03:17:11 PM

~snip~

i think it is possible. although i have never tested this but i believe that with a strategy like martingale if you start from a very small bet size and have a very huge bankroll you can win and beat the house.

That's impossible, No matter how big your coins, you'll lossing/beaten by house edge. Martinshit is the worst startegy ever, if you want to try, put your 1 btc on a gambling site and set your base bet from 1 satoshi then.

Well some of the investors must be said but the site profit went from +60btc to +1btc its already back up to +17 btc profit so they are earning some back and pretty quickly.

Quote from: SparkedDev on November 05, 2016, 02:15:41 PM

So on bitvest with in 12 hours or so max betting and won over 60 btc.
He was down a bit of btc then turned it into +60 profit.

My question to you "Can a person beat the edge with a large enough bank roll?"

Wow! This is amazing, I knew it that there are some people who are very lucky. And I admit it, that I am not able to beat this person.

But having a large bank roll will help you to keep on playing and give you a lot of chances and tries to win some good profit.

And the fact is I don't know even someone will have large bankroll still there is no assurance that we are able to beat him.

Quote from: SparkedDev on November 05, 2016, 02:15:41 PM

My question to you "Can a person beat the edge with a large enough bank roll?"

short answer, NO! he just got lucky in those bets, but if he will continue playing he will eventually bust because of the house edge, we all know that don't we?

You can only beat the house edge if you got very lucky. Like that guy and it happen that he has a huge bankroll and the balls. I dunno why those who have a huge bankroll, they are the one who won big amount and it always happen. The higher the risk, the higher in return.

Technically yes it is possible but it's just very very unlikely. What he did was very lucky and I highly doubt that he would continue making money if he kept on his betting strategy.

Quote from: bajing on November 05, 2016, 09:41:48 PM

That's was only largest win statistic it doesn't mean he has won that much money, we do not know how that has been spent by him for that

Indeed, but I believe it does not matter on how much he has spent to win such decent amount. I believe he is still in a great profit. Anyway is there any ways on bitvest to check other player's stats? Just curious how much is his profit so far.

Is it possible to win this much amount in gambling sites Shocked

or is it just advertisement for the site

and i believe that they have got many new players after seeing this big win and just curious ,is this member in bitcointalk ,i highly doubt that if so he would have boasted his win Roll Eyes

Quote from: DRaGoN RaNTaRo on November 07, 2016, 06:17:34 AM

Is it possible to win this much amount in gambling sites Shocked

or is it just advertisement for the site

and i believe that they have got many new players after seeing this big win and just curious ,is this member in bitcointalk ,i highly doubt that if so he would have boasted his win Roll Eyes

Oh its possible all bets are provably fair so they can be confirmed .By just going to the site you see him max betting non stop.

The size of your bankroll has nothing to do with your odds of winning. It only makes your winnings bigger and on a lucky streak this can show like in the example you posted.

If it goes the other way, it goes just as bad. The next few bets could've been losing 42,000 in btc or more.

The size of the bankroll only results in more spectacular wins or losses. Not more wins or losses.

I don’t think so. Large bankroll ensures you to have a longer time playing in a casino but does not gurantee you a win IMO. Unless you’re really lucky that is, then maybe there’s a chance to beat the casino in one way or another, but that’s really a rare occurrence. The user might have beaten the house for this instance, but there’s no guarantee that he’d be able to do it again and again since the house always wins.

That's a big win in less than a days time. Whether anyone have an idea regarding the game played by him. He is a strong person, because very few have the mind to take such a big risk, because with the amount risked a person in a third world country can lead a peaceful life with his family meeting all his basic needs.

This is awesome win, but for big winnings you need to have big capital! We can't see what games he played, and his bets.
I would like to see his history, I wonder about did he had some strategy or this is just lucky bet with huge capital?
Anyway congratulations to this gambler. I am sure that winning this much is very exciting! I hope he will not give it back in casino,
he should withdraw and spend it on other things, and to put something in saving account!

Quote from: dothebeats on August 01, 2020, 01:35:57 PM

Any particular reason why you're bumping this thread for 2016?

Or did the person you're replying to delete their post?

Either this fellow is someone from Bitvest.io management or extremely lucky! The second one is highly possible.

There's no way to beat the house using a large bankroll. As per the website, Bitvest maintains an average bankroll size of around 1080 bitcoins. So I am sure it is the case of a pure luck and nothing else because the winning chance doesn't depend on the size of the bankroll.

I wish I can also win such amount so that I can pay-off my mortgage at once!

Quote from: BALIK on August 02, 2020, 01:36:52 PM

Quote from: dothebeats on August 01, 2020, 01:35:57 PM

Any particular reason why you're bumping this thread for 2016?

Or did the person you're replying to delete their post?

Now that its updated though then the game is up now for bombing the thread once again! LOL

Its once in a lifetime jackpot, it rarely happen to win the 2nd time around but 60BTC must be worth big, this is the time where BTC started to roll up til 2017 rally.

60 BTC is more than 42K now, I'm not sure if OP had already gambled everything he won last 2016 but I would like to see some lucky gamblers who won even just 10BTC in the casino. Bitvest and 777 are among the oldest casinos in crypto, I'm sure there are lucky ones up there.

Quote from: SparkedDev on November 05, 2016, 02:15:41 PM

So on bitvest with in 12 hours or so max betting and won over 60 btc.
He was down a bit of btc then turned it into +60 profit.

My question to you "Can a person beat the edge with a large enough bank roll?"

I believe it is 55 more or less btc mate and not 60+? Correct me if I'm wrong but that is how my computation says about your photo.

Anyway about the question there are no proof that large enough bankroll can surely beat the house edge but since this is gambling LUCK can sometimes change the situation and even smaller bank roll can have a chance to win over house but this is very rare and isolated cases only and the Key is only luck and no other strategy.

Though this man is really with luck that time,maybe try to monitor more the activity of the said player if he continues winning or just that day.