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Author Topic: 12% loses since joining satoshidice  (Read 3481 times)
jossiel
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January 28, 2017, 08:43:34 AM
 #61

Granted winning is not guaranteed, but have lost to 12% since joining the house early January.



That's life and you are in investment which is vulnerable in losing but still this year is still long enough to recover with that 12% loss.

Even that is "only" for others but for the investors who are really looking for profit with even small percentage, this has an impact.

But I know you can make it mate and will recover, if there's a fall, there's a rise.

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January 28, 2017, 10:57:29 AM
 #62

Well, if casinos would always win, nobody would play there at all. That s why it s called gambling.

You are right, but casino houses are always in the end, I mean they make profit in the long term, if they lose this tiem, they will win next time, and finally players bust all of the fund, 95% gambling story are like this, 90% gamblers are losers in the long term.

Yeah i suppose that you will say that casino will win in the end but they usually do this trick, they will lose for sure in first place so this will attract many people to join on their site and after that they will eat you up slowly. You can't complain this because of their provably fair system. House edge will always consume all of your money. Although it means that 1% is little but in the end they always win some cash because this is business
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January 28, 2017, 12:58:37 PM
 #63

Well, if casinos would always win, nobody would play there at all. That s why it s called gambling.

You are right, but casino houses are always in the end, I mean they make profit in the long term, if they lose this tiem, they will win next time, and finally players bust all of the fund, 95% gambling story are like this, 90% gamblers are losers in the long term.

Yeah i suppose that you will say that casino will win in the end but they usually do this trick, they will lose for sure in first place so this will attract many people to join on their site and after that they will eat you up slowly. You can't complain this because of their provably fair system. House edge will always consume all of your money. Although it means that 1% is little but in the end they always win some cash because this is business

if what you are saying is true about them fake losing and then winning to take your money, then it means that casino is not fair and sooner or later they will be caught and their business will crash to the ground and burn.
but i doubt any of them are like this because of the provably fair system they have and the easy way of finding that out. and besides as long as there is a house edge there is no need to cheat.

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January 28, 2017, 01:15:08 PM
 #64

Well, if casinos would always win, nobody would play there at all. That s why it s called gambling.

You are right, but casino houses are always in the end, I mean they make profit in the long term, if they lose this tiem, they will win next time, and finally players bust all of the fund, 95% gambling story are like this, 90% gamblers are losers in the long term.

Yeah i suppose that you will say that casino will win in the end but they usually do this trick, they will lose for sure in first place so this will attract many people to join on their site and after that they will eat you up slowly. You can't complain this because of their provably fair system. House edge will always consume all of your money. Although it means that 1% is little but in the end they always win some cash because this is business

if what you are saying is true about them fake losing and then winning to take your money, then it means that casino is not fair and sooner or later they will be caught and their business will crash to the ground and burn.
but i doubt any of them are like this because of the provably fair system they have and the easy way of finding that out. and besides as long as there is a house edge there is no need to cheat.
No matter how you cheat you cant really beat up the house or the gambling site itself. I think on most reputable websites i cant say that they are using non provably fair method  and as you said they will surely destroy their reputation once this situation would be discovered. As long theres a house edge they will always win no matter what.

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January 29, 2017, 01:29:50 AM
 #65

Well, if casinos would always win, nobody would play there at all. That s why it s called gambling.

You are right, but casino houses are always in the end, I mean they make profit in the long term, if they lose this tiem, they will win next time, and finally players bust all of the fund, 95% gambling story are like this, 90% gamblers are losers in the long term.

Yeah i suppose that you will say that casino will win in the end but they usually do this trick, they will lose for sure in first place so this will attract many people to join on their site and after that they will eat you up slowly. You can't complain this because of their provably fair system. House edge will always consume all of your money. Although it means that 1% is little but in the end they always win some cash because this is business

if what you are saying is true about them fake losing and then winning to take your money, then it means that casino is not fair and sooner or later they will be caught and their business will crash to the ground and burn.
but i doubt any of them are like this because of the provably fair system they have and the easy way of finding that out. and besides as long as there is a house edge there is no need to cheat.
No matter how you cheat you cant really beat up the house or the gambling site itself. I think on most reputable websites i cant say that they are using non provably fair method  and as you said they will surely destroy their reputation once this situation would be discovered. As long theres a house edge they will always win no matter what.

That is correct. All reputed sites know how to make money from gambling business without cheating players. Because all these games need the luck to win money from gambling sites and all these sites know that at the end most of the players going to lose, so these reputed sites spend a lot of money to attract more and more people to play on their site instead cheating players.
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January 30, 2017, 11:12:14 AM
 #66

Well, if casinos would always win, nobody would play there at all. That s why it s called gambling.

You are right, but casino houses are always in the end, I mean they make profit in the long term, if they lose this tiem, they will win next time, and finally players bust all of the fund, 95% gambling story are like this, 90% gamblers are losers in the long term.

Yeah i suppose that you will say that casino will win in the end but they usually do this trick, they will lose for sure in first place so this will attract many people to join on their site and after that they will eat you up slowly. You can't complain this because of their provably fair system. House edge will always consume all of your money. Although it means that 1% is little but in the end they always win some cash because this is business

if what you are saying is true about them fake losing and then winning to take your money, then it means that casino is not fair and sooner or later they will be caught and their business will crash to the ground and burn.
but i doubt any of them are like this because of the provably fair system they have and the easy way of finding that out. and besides as long as there is a house edge there is no need to cheat.
No matter how you cheat you cant really beat up the house or the gambling site itself. I think on most reputable websites i cant say that they are using non provably fair method  and as you said they will surely destroy their reputation once this situation would be discovered. As long theres a house edge they will always win no matter what.

That is correct. All reputed sites know how to make money from gambling business without cheating players. Because all these games need the luck to win money from gambling sites and all these sites know that at the end most of the players going to lose, so these reputed sites spend a lot of money to attract more and more people to play on their site instead cheating players.

Well I don't know if you are following up on the main Satoshidice thread but that gambler who was complaining for months about losing his 77 BTC he finally got it back because he replied on the thread. So its seems like the admins might be finally getting their act together and hopefully this issue gets resolved.

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January 30, 2017, 11:22:18 AM
 #67

Well, if casinos would always win, nobody would play there at all. That s why it s called gambling.

You are right, but casino houses are always in the end, I mean they make profit in the long term, if they lose this tiem, they will win next time, and finally players bust all of the fund, 95% gambling story are like this, 90% gamblers are losers in the long term.

Yeah i suppose that you will say that casino will win in the end but they usually do this trick, they will lose for sure in first place so this will attract many people to join on their site and after that they will eat you up slowly. You can't complain this because of their provably fair system. House edge will always consume all of your money. Although it means that 1% is little but in the end they always win some cash because this is business

if what you are saying is true about them fake losing and then winning to take your money, then it means that casino is not fair and sooner or later they will be caught and their business will crash to the ground and burn.
but i doubt any of them are like this because of the provably fair system they have and the easy way of finding that out. and besides as long as there is a house edge there is no need to cheat.
No matter how you cheat you cant really beat up the house or the gambling site itself. I think on most reputable websites i cant say that they are using non provably fair method  and as you said they will surely destroy their reputation once this situation would be discovered. As long theres a house edge they will always win no matter what.

That is correct. All reputed sites know how to make money from gambling business without cheating players. Because all these games need the luck to win money from gambling sites and all these sites know that at the end most of the players going to lose, so these reputed sites spend a lot of money to attract more and more people to play on their site instead cheating players.

Well I don't know if you are following up on the main Satoshidice thread but that gambler who was complaining for months about losing his 77 BTC he finally got it back because he replied on the thread. So its seems like the admins might be finally getting their act together and hopefully this issue gets resolved.
Well,there might be unexpected technical errors do really occur because not all gambling sites are perfect.Problems will surely arise no matter what and i didnt follow up the main thread of satoshi dice if that is the case then its really good that management of satoshidice do fixed that problem.

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DimiZb
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January 30, 2017, 12:10:24 PM
 #68

Do you guys remember one bitcoin dice owner cheated on the house in 2014? The domain was bitcoindi.ce or similar domain, I can't remember it clearly. Maybe this site is using this trick too, that is why you lost 12%.
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January 30, 2017, 12:44:48 PM
 #69

Do you guys remember one bitcoin dice owner cheated on the house in 2014? The domain was bitcoindi.ce or similar domain, I can't remember it clearly. Maybe this site is using this trick too, that is why you lost 12%.

Well Maybe? we can really never tell if a gambling site is cheating on us or not because we can not see it and never will know if they are trying to do something with our bets, I think people will be people and a lot of controversies is still underway and never gonna be known if no one would truly be true to himself or gonna be discover by a mere gambler.
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January 30, 2017, 04:29:40 PM
 #70

I cant understand this hole conversation.
If You have make 12% Profit at the Same time you would be happy that someone else lost there Money!
I remember the guy on betking that lost 1000btc. All Investors was more than happy and say what a creat Investment 20% Profit and so on! But what was with the guy they lost this amount? Yehh "Must Be Rich" bla bla bla. You Know it?!?! Maybe it was all his Money. Is he still alive?!? This only as example!

If you take a look here
https://dicesites.com/satoshidice
You will see they make since Last year nearly 1500btc Investor Profit but goes ~500btc down now. Still 1000 BTC Investorprofit in 1 year!


Now somethink to the Lucky guy "Underdog01253" this guy Is betting nearly max on Slot the hole day and of course if he hit he will get big payout!
There Are other players there they do the same but with less bigger bets and hit a good Multi to!

Now dont cry and take it like a man and see what will Happen the next few months.

Use my referral link https://crypto.com/app/x5udjt1lcy to sign up for Crypto.com and we both get $50 USD Smiley
Mike Mayor
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February 04, 2017, 12:00:22 AM
 #71

Granted winning is not guaranteed, but have lost to 12% since joining the house early January.



So what is your point exactly ?

You lost and ? You lucky its only 12% and not everything. You just having bad luck.
Besides noone forces you to play there. Come play at yolodice and see if you prefer it there.

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February 05, 2017, 03:40:21 AM
 #72

Hey guys, an update to the original post.

I've managed to reduce the losses to about 4.4% now since joining a month ago.

Will keep people interested posted.

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February 05, 2017, 04:11:44 AM
 #73

Hey guys, an update to the original post.

I've managed to reduce the losses to about 4.4% now since joining a month ago.

Will keep people interested posted.


Nice to see this new update related onto your investment and you did a good decision that you didnt pull-out your money and you waited for a little bit more but see it does really worth and that will surely happen because gambling house do always win it may give you negative results for sometime but in longer runs profits will come.

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metalbean (OP)
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February 05, 2017, 04:49:32 AM
 #74

Hey guys, an update to the original post.

I've managed to reduce the losses to about 4.4% now since joining a month ago.

Will keep people interested posted.


Nice to see this new update related onto your investment and you did a good decision that you didnt pull-out your money and you waited for a little bit more but see it does really worth and that will surely happen because gambling house do always win it may give you negative results for sometime but in longer runs profits will come.

Thanks man.

Hopefully I and perhaps others can learn from the sharing.
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February 05, 2017, 05:37:05 AM
 #75

Hey guys, an update to the original post.

I've managed to reduce the losses to about 4.4% now since joining a month ago.

Will keep people interested posted.


Nice to see this new update related onto your investment and you did a good decision that you didnt pull-out your money and you waited for a little bit more but see it does really worth and that will surely happen because gambling house do always win it may give you negative results for sometime but in longer runs profits will come.

Thanks man.

Hopefully I and perhaps others can learn from the sharing.
They will surely see this thing pal on what you have shared patience is really a virtue indeed as mentioned above you are lucky that you did not get your investment when you already saw negative or losing amounts.Probably you followed all the suggestion been posted here on which you just need to wait.

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February 05, 2017, 07:28:24 AM
 #76

That is interesting especially with a 1.9% house edge where seems to be the standard house edge is 1%. Hope you can recover and get your money back quickly or cut your losses and get out.

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February 05, 2017, 08:03:52 AM
 #77

Hey guys, an update to the original post.

I've managed to reduce the losses to about 4.4% now since joining a month ago.

Will keep people interested posted.


Nice to see this new update related onto your investment and you did a good decision that you didnt pull-out your money and you waited for a little bit more but see it does really worth and that will surely happen because gambling house do always win it may give you negative results for sometime but in longer runs profits will come.

Thanks man.

Hopefully I and perhaps others can learn from the sharing.

that is a good attitude for a gambler to read some good suggestions and learning from it but you should remember also that learning from people's feedback and suggested strat cannot help you always remember that we had what we called bad luck and sometimes it occur to us and we should learned to manage and stop when that time occur so that we can truly minimize our losses and our bankroll will not get hurt so much.

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retrocoingames
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March 20, 2017, 01:35:21 AM
 #78

Hey guys, an update to the original post.

I've managed to reduce the losses to about 4.4% now since joining a month ago.

Will keep people interested posted.



What is the latest news?

Did you break even or get your money out of Satoshi Dice?

Much better places to be invested in Bitcoin gambling bankrolls...
game-protect
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May 09, 2017, 10:01:04 PM
 #79

SatoshiDice meanwhile confirmed the reduction of the 303 BTC Slot win from Dice investor balances. This caused your overall loss, while SatoshiDice claim backers were also affected positively overall! So they "forgot" you... Cheesy

Quote
5) The 303.73 BTC slot win was reduced from Satoshi Dice investor account balances, even though the “Bet on the house” terms and conditions clearly state that investors only invest in the Satoshi Dice game
We did not update our description on the “Bet on the House” tab when we added the Satoshi Slot game to the site. This was an error, of course on our part. However, it is worth noting:
It was was the description that should have been updated, not the Terms & Conditions as agreed to when a user creates an account.
Long term backers affected by the big Slot win were also affected positively overall.
 
BitMaxz
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May 09, 2017, 11:42:42 PM
 #80

Less info and i think much better to share what method you are doing and how many days you are in satoshidice you are still lucky honestly if you are just lose a 12% such a small amount if your capital is small. why don't you try to bet in high so that you can see the fast result of your experience oin satoshi dice. or you are using martingale method that is why it takes long time to reach 12%.

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