Winner
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Activity: 1190
Merit: 1000
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April 08, 2017, 03:13:57 PM |
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I think that the best method to using the Dice Gambling websites would be to start small and maybe work out a strategy that you feel will make money. When people spend a bunch of money on Dice within a single roll -they tend to get upset when they lose a bunch of money and claim that Dice games are all rigged. Manage your money before beginning to Gamble and you could play Gambling games for a very long time.
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Mike Mayor
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April 08, 2017, 03:59:57 PM |
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I start with 0.08btc, this is a lot of money and really I can't afford to lose this amount of money (kids don't try this at home, we are professionals LOL). Well I just bet it at 95% chance and pray to god it doesn't lose. I do this ultill I get around 0.02btc and I remove my 0.08btc. Then I work with that amount. I would say that I once lose the 0.08 but really just went break even.
this is a very bad strategy. i have tried it. the badness is because it gives you some false sense of winning but in fact you are winning tiny amounts. and to accumulate 0.02 BTC for example, you need to make a lot of bets (i don't know how many but it is A LOT) and when you make a lot of bets the chance of losing is also growing by it. and guess what when you lose once you lose 0.08 BTC but when you win 1000 times you haven't yet accumulated 1/10 of it! I agree. I think it's better to double up. Risk 0.08 to win another 0.08 do not risk 0.08 to win 0.004 even if the chance to lose is less. It is the same thing to make one roll of 50/50 as it is to make 10 rolls of 95% I would be afraid to lose the whole amount before even reaching halfway. Rather lose 0.08 all at once. Or try rolling 0.02 at a time. If you win stop. If not go again if you win stop you will not have lost money. But if you miss the second roll you lost half. Better then all I think or you can roll 0.04 to recover if you lucky.
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LuanX3
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April 14, 2017, 12:54:01 PM |
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I start with 0.08btc, this is a lot of money and really I can't afford to lose this amount of money (kids don't try this at home, we are professionals LOL). Well I just bet it at 95% chance and pray to god it doesn't lose. I do this ultill I get around 0.02btc and I remove my 0.08btc. Then I work with that amount. I would say that I once lose the 0.08 but really just went break even.
this is a very bad strategy. i have tried it. the badness is because it gives you some false sense of winning but in fact you are winning tiny amounts. and to accumulate 0.02 BTC for example, you need to make a lot of bets (i don't know how many but it is A LOT) and when you make a lot of bets the chance of losing is also growing by it. and guess what when you lose once you lose 0.08 BTC but when you win 1000 times you haven't yet accumulated 1/10 of it! I agree. I think it's better to double up. Risk 0.08 to win another 0.08 do not risk 0.08 to win 0.004 even if the chance to lose is less. It is the same thing to make one roll of 50/50 as it is to make 10 rolls of 95% I would be afraid to lose the whole amount before even reaching halfway. Rather lose 0.08 all at once. Or try rolling 0.02 at a time. If you win stop. If not go again if you win stop you will not have lost money. But if you miss the second roll you lost half. Better then all I think or you can roll 0.04 to recover if you lucky. About the 95% vs the 50%, that is quite true. You are just better off just waging your bet at double payout than just risking it for a fraction of the bet size. You will not win in the long run anyway so just try your luck at 50% than going all in at low payouts that can totally just eat up your balance in an instant.
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btc_angela
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April 17, 2017, 02:29:24 PM |
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I'll start with 101-1000 satoshi then gradually increase it as my bankroll would increase. I used different strategy and used manual and auto roll if I feel like it. I only used small bets because I usually play for fun and not for profit. And this small bankroll is just enough for me to loss. If I won, its a plus side on me, otherwise money is ok to loss (.01BTC)
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Schuyler
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June 22, 2017, 10:20:01 AM |
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Dice is the most unpredictable and I can't really good to play it, I'm just pure play for fun, so I use amount to play from faucet which offered from dice site itself or some giveaway that I earn.
The probability I'll make my betting strategy around depends on what probability is suited to my staking plan which is far more important given in this game the 1% house edge is always the same no matter what number I choose. Because all dice bets having the same 1% expected value, dice is all about the staking plan. The simplest staking plan is to always bet the same amount, if you do that for long enough your results should be in line with the house edge. Let’s look at some more fun and potentially profitable possibilities.
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chris200x9
Legendary
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Activity: 1316
Merit: 1011
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June 22, 2017, 12:16:57 PM |
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I'll start with 101-1000 satoshi then gradually increase it as my bankroll would increase. I used different strategy and used manual and auto roll if I feel like it. I only used small bets because I usually play for fun and not for profit. And this small bankroll is just enough for me to loss. If I won, its a plus side on me, otherwise money is ok to loss (.01BTC)
I will never deposit extra money in a dice game. I use max 0.01 or 0.015 BTC to play dice game. Sometimes I need money means I am not going to play this game. Becasue it is money wasting game. I know in this game I will not make any profit just for time pass I will play this game. Not only most of the gamblers choose this game to get fun. They don't expect any money from this game. SO how much less amount we can invest in this game that much safe we are. If you invest more money, you will lose everything at the end of the day.
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Oilacris
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June 22, 2017, 12:46:17 PM |
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I'll start with 101-1000 satoshi then gradually increase it as my bankroll would increase. I used different strategy and used manual and auto roll if I feel like it. I only used small bets because I usually play for fun and not for profit. And this small bankroll is just enough for me to loss. If I won, its a plus side on me, otherwise money is ok to loss (.01BTC)
I will never deposit extra money in a dice game. I use max 0.01 or 0.015 BTC to play dice game. Sometimes I need money means I am not going to play this game. Becasue it is money wasting game. I know in this game I will not make any profit just for time pass I will play this game. Not only most of the gamblers choose this game to get fun. They don't expect any money from this game. SO how much less amount we can invest in this game that much safe we are. If you invest more money, you will lose everything at the end of the day. We should not really expect on getting profits on playing dice game and same as your thoughts this game is just really a money waster thats why instead on thinking on making money its better to play for enjoyment no other than that because if dice game will go on opposite way it will surely frustrate you. I do manual bettings and auto mode and the amount set would be depending on my mood.
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DrGuns4Hands
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June 22, 2017, 02:05:05 PM |
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I'm always betting on lowest bet then after wards when you feeling the luck on you go with the right chance and put your highest amount of bet and if you win "IF" don't bet again and comeback after 2-3 days in order to have a luck again if you stillbet you will just lost all your money in that time . i've been playing dice game for a long time and this works on me.
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bitcoinmasterlord
Legendary
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Activity: 1148
Merit: 1006
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June 22, 2017, 02:27:56 PM |
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I'm always betting on lowest bet then after wards when you feeling the luck on you go with the right chance and put your highest amount of bet and if you win "IF" don't bet again and comeback after 2-3 days in order to have a luck again if you stillbet you will just lost all your money in that time . i've been playing dice game for a long time, and this works on me.
In the casino games if you increase your bankroll there is no use. You will lose your money that's it. So try to play with a small amount and enjoy the game. One thing I will accept that after every big win or big loss we need some time gap. Then only can able to save our winning amount or else as you said we lose that money in the same day.
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JL421
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June 22, 2017, 04:15:05 PM |
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The 1000 satoshi is only used by me when i either run out of cash or i want to gamble with a small amount so i use faucet and with that i gamble with 1000 satoshi. For the bigger gamble when i deposit i normally gamble 10% which is usally 0.01 btc. Or i use all in when i try to make profit with the 80% strategy
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pereira4
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Activity: 1610
Merit: 1183
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June 22, 2017, 04:35:52 PM |
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I rarely gamble so I like to start with a decent amount, like 0.1 BTC and see where it goes, but I don't gamble more than 12 times per year so it's not a lot of BTC. I like to go to the real life casino rather than gamble at home. I try to gamble as little as possible specially with BTC, because it's better to hold long term rather to waste it in gambling.
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Zicadis
Legendary
Offline
Activity: 1372
Merit: 1027
Dump it!!!
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June 22, 2017, 04:46:11 PM |
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It all depends on whether you playing for fun or profit. For the sake of fun its okay to start with anything below 0.001 BTC just to avoid losing more money and for gamblers playing for profit i think a fair amont to start with is 0.001 as this stake increase depending on strategy and limit set.
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LuanX3
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June 23, 2017, 04:33:08 AM |
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It all depends on whether you playing for fun or profit. For the sake of fun its okay to start with anything below 0.001 BTC just to avoid losing more money and for gamblers playing for profit i think a fair amont to start with is 0.001 as this stake increase depending on strategy and limit set.
I agree, for now I only gamble for fun and entertainment and don't really aim to profit from it. I realized that gambling can never be for profit no matter what you do, unless you are joining those easy to win promotions the casinos have which can give you small profits.
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shintosai
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June 23, 2017, 04:41:55 AM |
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It all depends on whether you playing for fun or profit. For the sake of fun its okay to start with anything below 0.001 BTC just to avoid losing more money and for gamblers playing for profit i think a fair amont to start with is 0.001 as this stake increase depending on strategy and limit set.
I agree, for now I only gamble for fun and entertainment and don't really aim to profit from it. I realized that gambling can never be for profit no matter what you do, unless you are joining those easy to win promotions the casinos have which can give you small profits. Which most of the time we always forget that gambling really for the owners benefits whatever we did or try to have some edge its always ended losing in the long run thats why its best to use small amount of money never to think of trying to go more just small portion and keep it that way to enjoy and to find some relaxation.
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gabmen
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June 23, 2017, 08:41:04 AM |
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It all depends on whether you playing for fun or profit. For the sake of fun its okay to start with anything below 0.001 BTC just to avoid losing more money and for gamblers playing for profit i think a fair amont to start with is 0.001 as this stake increase depending on strategy and limit set.
I agree, for now I only gamble for fun and entertainment and don't really aim to profit from it. I realized that gambling can never be for profit no matter what you do, unless you are joining those easy to win promotions the casinos have which can give you small profits. Which most of the time we always forget that gambling really for the owners benefits whatever we did or try to have some edge its always ended losing in the long run thats why its best to use small amount of money never to think of trying to go more just small portion and keep it that way to enjoy and to find some relaxation. It doesn't really matter whether who benefits as long as you're having fun. And you don't really need to put in a lot of money to risk. I bet in just a couple of satoshis that i left extra from transfers from trading platform to another. It's usually the game and not the amount that interests me.
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