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Author Topic: From gambling site faucet to cash out?  (Read 535 times)
Barbut
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May 25, 2017, 03:50:01 PM
 #21

Once again we see how risky are low odds, on first sight it seems like sure win, but many times its not, couple days ago I commented thread Would you risk 10 BTC at 80% to get a 1.2x payout? https://bitcointalk.org/index.php?topic=1928514.msg19143723#msg19143723
this topic is like coincidence, after this topic would you risk 10 btc at the same odd`s?
I cashed out few times from faucets, on primedice, pocketdice, but if you ask me how many times I tried, maybe thousand, maybe even more, approximately that is 1 cash out in 200 tries. Waste of time in the end, at least that is my conclusion.



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Rainbot
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May 25, 2017, 04:35:06 PM
 #22

Has anyone successfully done this?

I came close to cashing out with primedice faucet money (150 sat) to cash out (400k sat) today but lost everything due to 1 impulsive bet (340k sat at 1.2x chance).

You already very lucky when you able to turn 150 satoshi to 400k satoshi. If I were you, instead of playing at 1.2x I prefer to play at higher payouts like 4950x or 9900x with 1k basebet. If you're lucky then you can cash out good amount of money and if you failed, you lost nothing since it's just from faucet.

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May 25, 2017, 04:47:23 PM
 #23

Has anyone successfully done this?

I came close to cashing out with primedice faucet money (150 sat) to cash out (400k sat) today but lost everything due to 1 impulsive bet (340k sat at 1.2x chance).

You already very lucky when you able to turn 150 satoshi to 400k satoshi. If I were you, instead of playing at 1.2x I prefer to play at higher payouts like 4950x or 9900x with 1k basebet. If you're lucky then you can cash out good amount of money and if you failed, you lost nothing since it's just from faucet.
Knowing the winning chance on those odds is nearly impossible to hit but once been hit then expect higher rewards and indeed its really extremely lucky when you do able to make 400k sats out of 150 sats.Those times are very rare on each gamblers and its hard to believe that some of faucet players can really able to manage to win even on limited bankroll they have.

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May 25, 2017, 05:44:33 PM
 #24

from faucet to cash out on primedice actually i have not done it before and i have to says that this is slightly impossible to me makes from 150 satoshi to became 400k satoshi however you're too greedy that why not stopped gamble after reach 400k satoshi and withdraw it immediately

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May 25, 2017, 06:50:16 PM
 #25

Has anyone successfully done this?

I came close to cashing out with primedice faucet money (150 sat) to cash out (400k sat) today but lost everything due to 1 impulsive bet (340k sat at 1.2x chance).
I tried it many times, I suceceded only once. In a hindsight I can tell you that trying to win enough from faucet money is pretty pointless.
Because, firstly even if you win enough BTC to withdraw it will still be very low amount and secondly gambling service will most likely deduct tx fee from your prize.
With current massive tx fees I don't think that playing with faucet is worth wasting time anymore. Definitely not when you want to earn money...
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May 25, 2017, 07:22:03 PM
 #26

Has anyone successfully done this?

I came close to cashing out with primedice faucet money (150 sat) to cash out (400k sat) today but lost everything due to 1 impulsive bet (340k sat at 1.2x chance).

I think some people have done that. Many gambling casinos don't let you withdraw money only from faucet you must make up to 100.000 satoshi in order to withdraw. You did well and you would have withdrawn that money but greed got into you as in many other gamblers I believe. Keep trying because if it is done once it can be also done many other times. Patience is the key.
No! Gambling site will allow you to withdraw money from faucet but he do something wrong because he still playing even though he has won 400k satoshi. I'm sure primedice will send his money if he made a withdrawl request.

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Noctis Connor
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May 25, 2017, 08:07:04 PM
 #27

Has anyone successfully done this?

I came close to cashing out with primedice faucet money (150 sat) to cash out (400k sat) today but lost everything due to 1 impulsive bet (340k sat at 1.2x chance).
Yes from bustabit before i tried to get some bits there and tried the nyan cat it almost took 1000x and i made up 0.05 bitcoin that day playing with long run too and i withdraw it i never tried to play it again and again once you get your luck never pushed it away appreciate small things comes to you because some of luck are came once a month.
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May 26, 2017, 09:49:33 PM
 #28

Has anyone successfully done this?

I came close to cashing out with primedice faucet money (150 sat) to cash out (400k sat) today but lost everything due to 1 impulsive bet (340k sat at 1.2x chance).

Maybe you should have tried doubling up starting low ? It isn't really implusive. If you had won you wouldn't be saying that. It is just the way it goes. Reaching that high with 150 Satoshi wow. Imagine you started with more and used more each time ? You would have entire bitcoins. You very lucky. Wish you recorded the action.

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