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Author Topic: Is there a Bitcoin Dice Simulator to test if a strategy works  (Read 1315 times)
LuanX3
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March 10, 2017, 01:30:00 AM
 #21

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.

I tried this before too. I used Seuntjies dicebot's simulator and the results were positive. But in the actual run what happened was that I still lost the whole bankroll after a few thousand bets on the strategy I formulated. So I think that any strategy regardless if it does work on the simulator, it will still lose in the actual run. It's just an illusion that you can win against the casino.
debuni
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March 10, 2017, 02:20:49 AM
 #22

Seuntjies DiceBot is a good start to test your strategies.

You could use the DiceBot and our offer with Crypto-Games.net.
They offers play money dice, so you could test it for free in real environment.
Then when you are ready for real, you will also get 22% dice rakeback from the house edge with us.


Good luck
South Park
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March 10, 2017, 07:26:52 PM
 #23

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);


Nice catch, then it is martingale after all, but instead of doubling he just raises his bets by a smaller percentage, so that will give him more tries than the ones following classic martingale but at the end of the day it is going to lose like any other system based on martingale.
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March 10, 2017, 07:45:44 PM
 #24

You can use the faucet of gambling sites to try your strategy also. You can use 1 satoshi per bet or more few satoshis to test it. So, when you want to try the strategy for real you just multiply the values your tried on your experiment.

This way you can observe how often the consecutive losses happen, how long your bankroll survive, etc... Observe the averages.

 
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tyz
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March 10, 2017, 08:48:10 PM
 #25

Your approach is called martingale and is already a long applied strategy. You raise the bet when you lose and go back to the initial bet when you win.

I have tried this at my beginnings of Bitcoin also, but had never succeed, since at some time the balanced was exhausted. I had also been heard the same thing by others. That is why I do not believe in the long-term success of the strategy.

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";
SHAWN-MIDWAYS
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March 10, 2017, 08:50:23 PM
 #26

other than using faucets to claim free coins to try all sorts of strategies
i have found crypto-games casino to have a wide selection of popular cryptocurrencies for this sole purpose.
But coming to think of it...play money or whatever we can call it is just some form of deception throwing us off what realty holds and we tricked we can win just like playing with faucet funds when the opposite actually happens.
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March 10, 2017, 08:55:20 PM
 #27

I think there is a site that actually you can test that has freecoin but most of the bitcoin related gambling are faucet bonus..
Like pocket dice i think they have trial.. but i heard that site is scam as of now.. better to dont try you are just wasting your time but if its study purposes its your decision..

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