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Author Topic: Is there a Bitcoin Dice Simulator to test if a strategy works  (Read 1315 times)
maroondragon (OP)
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March 09, 2017, 04:16:04 PM
Last edit: March 09, 2017, 06:16:35 PM by maroondragon
 #1

I came up with a new strategy that I think will win over the course of 1 Billion rolls. I found out that Wizard of Odds used to offer such a challenge for other casino games such as Roulette and Blackjack.

The system requires a large balance and very small bet amounts and is not a Martingale. Essentially, this is a strategy that is perfect for automated betting. Whenever I've tried a similar version, given a fair balance I've never lost. However, I also used larger bets and had a smaller bankroll than this strategy requires.

I found a similar site at satoshidicebreaker, but the unit spread is too small, and only allows you to bet at 50%.

Sure, there's a chance this will lose in a session, but I think the odds are astronomically low. Like way lower than .50524.

I'm interested if there is a website that lets you test this theory, like where you can input a starting balance, a bet size, and a winning percentage.

Here's something I came up with in JavaScript

Code:
var balance = 1000000000;
var bets = 0;
var betSize = 10;
var loseMultiplier = .112;
var winPercent = .10;
   
while (balance > 0) {
    var result = Math.random() >= 0.9 : "win" : "loss";
    if (result == "win") {
        balance += betSize;
        betSize = 10;
    }
    else {
        betSize += (betSize * loseMultiplier);
        balance -= betSize;
    }
    bets++;
}

document.getElementById("bets").innerHTML = "You have lasted " + bets + " bets";
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March 09, 2017, 04:20:01 PM
 #2

I came up with a new strategy that I think will win over the course of 1 Billion rolls. I found out that Wizard of Odds used to offer such a challenge for other casino games such as Roulette and Blackjack.

The system requires a large balance and very small bet amounts and is not a Martingale. Essentially, this is a strategy that is perfect for automated betting. Whenever I've tried a similar version, given a fair balance I've never lost. However, I also used larger bets and had a smaller bankroll than this strategy requires.

I found a similar site at satoshidicebreaker, but the unit spread is too small, and only allows you to bet at 50%.

Sure, there's a chance this will lose in a session, but I think the odds are astronomically low. Like way lower than .50524.

I'm interested if there is a website that lets you test this theory, like where you can input a starting balance, a bet size, and a winning percentage.

The code would look something like this

Code:
    var balance = 1000000000;
    var bets = 0;
    var betSize = 10;
    var loseMultiplier = .112;
    var multiplier = .3;
   
    while (balance > 0) {
        if (result == "win") {
            balance += betSize;
            betSize = 10;
        }
        else {
            betSize += (betSize * loseMultiplier);
            balance -= betSize;
        }
        bets++;
    }

    console.log("You have lasted " + bets + " bets");
I don’t know of any but if you can code then why not create the code to test your method yourself? Since I find it difficult to believe that even if a site existed where you could test  your method I doubt they are going to allow you to conduct a billion rolls just to test your method.
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March 09, 2017, 04:43:08 PM
 #3

Just create you own simulator program so that you can see if your strategy works. I don't know if there's a site that you can test your strategy, but can you try it will free faucet? Hmmm... You may want to try yolodice I think they have a options to try their on-line dice game but I don't know how much bankroll you needed.  Wink. Goodluck to your strategy and hope you win









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March 09, 2017, 04:46:23 PM
 #4

There was a site called by monodice, a site to practice your strategy on a dice game but I'm not sure if the site is still alive or not. Even if the site is alive but I dont think that the result of the practice with the strategy will be the same when you play it in real mode.
Dice is a matter of luck game, you can beat the house by strategies.
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March 09, 2017, 04:58:10 PM
 #5

snip
is not a Martingale

You said it is not a martingale but it is martingale. You increase your betsize by 11.2% every time you lose and reset it to 10 if you win. That is no different to martingale, only modified a bit. This is bound to lose like any other martingale there is.

Quote
    var loseMultiplier = .112;

            betSize += (betSize * loseMultiplier);

maroondragon (OP)
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March 09, 2017, 05:02:42 PM
 #6

Just create you own simulator program so that you can see if your strategy works. I don't know if there's a site that you can test your strategy, but can you try it will free faucet? Hmmm... You may want to try yolodice I think they have a options to try their on-line dice game but I don't know how much bankroll you needed.  Wink. Goodluck to your strategy and hope you win

Thanks for your reply. There are a couple of things to keep in mind here.

* You need an extremely large bankroll for this strategy, which most people do not have. I would estimate around 100 BTC. You could try it with a lower bankroll, but then your odds significantly go down, as mine did. I had a balance of only 0.2 BTC and made only 0.00000100 bets, which is 10 times the comfort zone.
* With faucets, you have an extremely low balance, meaning most if not all strategies are rendered useless.
* The purpose of this strategy is to feel comfortable running bets on autopilot. That means you can just leave the program running all day. That's why I don't mind small bets. Around 10 satoshi per second might not seem like much, but it could add up.
* My programming skills are really bad. There's no way I could write a program like this.
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March 09, 2017, 05:06:38 PM
 #7

snip
is not a Martingale

You said it is not a martingale but it is martingale. You increase your betsize by 11.2% every time you lose and reset it to 10 if you win. That is no different to martingale, only modified a bit. This is bound to lose like any other martingale there is.

Quote
    var loseMultiplier = .112;

            betSize += (betSize * loseMultiplier);


Correct,its contradicting related to his statement and it's clear that this method considered as martingale.just a piece of advice this method might work on your side but doesn't mean it would work for all. Looking for a dice simulator site might be hard since I can't find one.

.
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March 09, 2017, 05:14:20 PM
 #8

snip
is not a Martingale

You said it is not a martingale but it is martingale. You increase your betsize by 11.2% every time you lose and reset it to 10 if you win. That is no different to martingale, only modified a bit. This is bound to lose like any other martingale there is.

Quote
    var loseMultiplier = .112;

            betSize += (betSize * loseMultiplier);



Are you sure about this? I thought a Martingale was only doubling your wager after a loss
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March 09, 2017, 06:22:48 PM
 #9

I have just tried this out. It seems to work pretty well.

In my first try, I got

You have lasted 134045119 bets

https://jsfiddle.net/dd1atesr/1/

Also, that doesn't simulate the odds of this happening in real life, because there would be times where you would stop the program.
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March 09, 2017, 06:33:14 PM
 #10

If you wanna try the strategy that's been developed by you find an online dice site through Google and test the strategy without placing bet amount. If it's successful, move to a gambling website and play placing good amount to get doubled or tripled.  Remaining takes place based on the luck.

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March 09, 2017, 06:35:24 PM
 #11

i think there are bitcoin dice simulator that we can play to trying our strategy but i think its not the same if we played with the real online gambling. maybe our strategy will work in bitcoin dice simulator but its not guarantee will work to in real dice gambling.

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March 09, 2017, 07:58:56 PM
 #12

Try the dice at fortunejack maybe? you get 100 tokens/fjc to gamble with, that should be enough to test right?
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March 09, 2017, 08:52:45 PM
 #13

I think martingale is usually about doubling the amount but, as people said, your system looks like a modified martingale. And a huge bankroll is needed in martingale system as well.
I guess you can take some faucet in casino and try the system. Or use like 10$ playing with the initial bet amount of 1 satoshi.
Perhaps you can try it in play for fun mode, because you'll have an infinite amount of bets but it will be hard to calculate whether you'll win when every bet will count as zero.
Good luck but be careful. There is always a small possibility you won't have enough money for the final refund and will lose the hell lot of money.

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March 09, 2017, 09:13:35 PM
 #14

This is still martingale bro.. and i think there is no dice simulator but you can try this method in some dice site that offering few bitcoins in their faucet..
That you can use for testing.
And i think this is still will be the same result in the end because you are using martingale stratregy not in double when lose but the percentage increase are just the same as martingale.. 

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March 09, 2017, 09:24:22 PM
 #15

I came up with a new strategy that I think will win over the course of 1 Billion rolls. I found out that Wizard of Odds used to offer such a challenge for other casino games such as Roulette and Blackjack.
For a specific site or any random site ? Of course has to be based on a particular site.

The system requires a large balance and very small bet amounts and is not a Martingale. Essentially, this is a strategy that is perfect for automated betting. Whenever I've tried a similar version, given a fair balance I've never lost. However, I also used larger bets and had a smaller bankroll than this strategy requires.
What exactly the strategy works ? How much other stats to be set for it to work ? Need more of a technical explanation man.I will check out the code later.
Maybe try working it out with free faucets if not a simulator.Set up a bitcoin dice game on your local machine using one of the open source repos.

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March 09, 2017, 10:21:21 PM
 #16

There used to be multiple sites which allowed you to play with free test chips. Can't find anything now. You can always generate a seed and see the possible rolls and do the simulation on the results yourself, since you do have some coding experience.
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March 09, 2017, 11:02:05 PM
 #17

You can try this on Seuntjies DiceBot. It has an option to simulate your strategy. Though I would say that even if you simulate this thousands of times, you'll just get different results in the end if you go for hundreds of thousands of rolls on it. I don't think this formula of yours will win over the casinos. The bots were allowed into the casinos because they know that no matter what systematic betting the bot does, there is no way it can beat the casino at its game.
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March 09, 2017, 11:19:26 PM
 #18

This method seems to work because you are making very small bets and the odds of getting a very long string of losses seems unlikely. However, I think you will find that you have to make an extremely huge number of bets to make a significant profit. And over the course of that extremely huge number of bets, the odds are that you will get a very long string of losses somewhere in there. I just don't think you can change the odds in gambling when it's a game of chance like dice.
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March 09, 2017, 11:49:35 PM
 #19

I wish you the best of luck with your system. As usual I don't think it will work in the long term.
If the house as the edge, you will lose in the long term, that is normal statistics. As for the huge bankroll, aren't there limits in dice sites? As it also happens on roulette etc. That is the problem with martingale or variations like yours. There will be a moment where you can't increase your bet, and you will go on a loss, and in the long term, it will be impossible to recover from that, since it will happen more than once.

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March 09, 2017, 11:57:45 PM
 #20

Are you sure about this? I thought a Martingale was only doubling your wager after a loss
Yes, the main point of martingale is sum up your loss no matter how much you bet and go back to base bet if you win IIRC.
As far as I know, you could try with Testnet Coin on gambling site to try out your strategy.

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