Dice Game Bankroll Question

[steveabrahams]

Hello community, I am thinking to buy a dice game script and it up. I was wondering, what is a reasonable bankroll I need to have to pay out the initial winnings. Thank you!

Tbh, don't buy that dice game script. It's useless, I mean it's all about luck too. I think the best reasonable bankroll is around 1-5btc, more bigger is better but back again, this is provably fair and you can even lose 20 times streak loss. So don't forget to stop when you already win so many coins.

[BlockEye]

Hello community, I am thinking to buy a dice game script and it up. I was wondering, what is a reasonable bankroll I need to have to pay out the initial winnings. Thank you!

Tbh, don't buy that dice game script. It's useless, I mean it's all about luck too. I think the best reasonable bankroll is around 1-5btc, more bigger is better but back again, this is provably fair and you can even lose 20 times streak loss. So don't forget to stop when you already win so many coins.

That bankroll is too much, I encounter already 40 times lose streak @ 60% win chance rate at Primedice and I'm sure that your 5BTC bankroll will just be sucked up once it hits. 5BTC bankroll is too much to risk in gambling especially on a script which you don't know what program really contains it and most of the dice script contains malicious content that might result to lose your funds. It is better to do manual betting if you really want a huge bankroll to play.

[iv4n]

Hello community, I am thinking to buy a dice game script and it up. I was wondering, what is a reasonable bankroll I need to have to pay out the initial winnings. Thank you!

Tbh, don't buy that dice game script. It's useless, I mean it's all about luck too. I think the best reasonable bankroll is around 1-5btc, more bigger is better but back again, this is provably fair and you can even lose 20 times streak loss. So don't forget to stop when you already win so many coins.

That bankroll is too much, I encounter already 40 times lose streak @ 60% win chance rate at Primedice and I'm sure that your 5BTC bankroll will just be sucked up once it hits. 5BTC bankroll is too much to risk in gambling especially on a script which you don't know what program really contains it and most of the dice script contains malicious content that might result to lose your funds. It is better to do manual betting if you really want a huge bankroll to play.

I would never risk so much bitcoins on dice script, I'm sure that I would lose them all. Martingale is not a winning strategy, and there are bet limits, so you can have even more bitcoins that doesn't mean much. 40 times losing streak is a lot, my highest losing streak was 31 times and I lost more then 0.2 btc, in that time that wasn't so valuable like its now, but nevertheless I lost all of it and after that I never played dices with so big amounts of bitcoins.
Don't buy dice script is my recommendation too, better deposit couple mBTC and have fun, if you risk too much you can end with nothing, and people lost a lot of bitcoins on dices.

[TheUltraElite]

Hello community, I am thinking to buy a dice game script and it up. I was wondering, what is a reasonable bankroll I need to have to pay out the initial winnings. Thank you!

A dice game script? Thats sounds risky to me. Because there a lot of malware out in the internet which make claims like "use this script and earn such btc everyday" and those are mostly scams. Scammers sell those scripts to get money from newbies who become greedy and also infect their devices with malware.

However Seuntjies DiceBot is a free software to automate your dice games. You can preprogram your rolls and strategy into the bot and it will run it using the API. It is the only legitimate dicebot out there.

However using a bot will not guarantee profits. In fact nothing can guarantee profits in EV- games. In the end the house edge will wipe away all your balance because the casino always wins.

[NorrisK]

Always bet % based on your bankroll.

This way, you can calculate the total bankroll you need to run the desired bets or the bets you can make with your current bankroll.

[LuanX3]

Always bet % based on your bankroll.

This way, you can calculate the total bankroll you need to run the desired bets or the bets you can make with your current bankroll.

First off, what a stupid reply. You did not even try to understand the question of OP. He is asking if how much would be required to run his own casino. That means he is asking the opposite side of things. The question involves answering whether what's an optimal amount of btc to start a bankroll of his own.

To answer this, likely you need about 100 BTC, since usually casinos base their highest bet size from the bank roll. Usually casinos set 1-5% of the bank roll as max bet. It would be best if you can get a max of 1btc per win.

[RealPhotoshoper]

Hello community, I am thinking to buy a dice game script and it up. I was wondering, what is a reasonable bankroll I need to have to pay out the initial winnings. Thank you!

A dice game script? Thats sounds risky to me. Because there a lot of malware out in the internet which make claims like "use this script and earn such btc everyday" and those are mostly scams. Scammers sell those scripts to get money from newbies who become greedy and also infect their devices with malware.

However Seuntjies DiceBot is a free software to automate your dice games. You can preprogram your rolls and strategy into the bot and it will run it using the API. It is the only legitimate dicebot out there.

However using a bot will not guarantee profits. In fact nothing can guarantee profits in EV- games. In the end the house edge will wipe away all your balance because the casino always wins.

Yeaa you have to consider about a script that might contain malware to steal every information you have in your computer.
I always prefer to bet on dice without any automated bet , the result in the end feel the same.
No matter how much bankroll you set , in the long term your whole money will get busted.

[npredtorch]

Hello community, I am thinking to buy a dice game script and it up. I was wondering, what is a reasonable bankroll I need to have to pay out the initial winnings. Thank you!

A dice game script? Thats sounds risky to me. Because there a lot of malware out in the internet which make claims like "use this script and earn such btc everyday" and those are mostly scams. Scammers sell those scripts to get money from newbies who become greedy and also infect their devices with malware.

However Seuntjies DiceBot is a free software to automate your dice games. You can preprogram your rolls and strategy into the bot and it will run it using the API. It is the only legitimate dicebot out there.

However using a bot will not guarantee profits. In fact nothing can guarantee profits in EV- games. In the end the house edge will wipe away all your balance because the casino always wins.

Yeaa you have to consider about a script that might contain malware to steal every information you have in your computer.
I always prefer to bet on dice without any automated bet , the result in the end feel the same.
No matter how much bankroll you set , in the long term your whole money will get busted.

LOL don't you even read the last reply before you posted this? LuanX3 already corrected few people above you that the OP is asking for a site's bank roll not a "gambler's bank roll".
He is planning to run his/her own dice game and he's not talking to any 3rd party dice script like seuntjies bot. (probably OP already had his/her decision considering it was posted last september)
This is only a 2 pager topic and it's weird that some people didn't configure the right way of discussion. (http://archive.is/2OKGL)

[BillCoin]

It all depends what is your max bet.

I think that in order to attract more people the max bet should be a minimum for 0.5 btc, and that requires you to have a bankroll of about 100 bitcoins.
When the site gets bigger the bankroll will grow and you will be able to set up higher limit.
Just don't forget to put some money on the side for advertising, it is the important thing to make your dice site successful

[BlockEye]

Hello community, I am thinking to buy a dice game script and it up. I was wondering, what is a reasonable bankroll I need to have to pay out the initial winnings. Thank you!

Tbh, don't buy that dice game script. It's useless, I mean it's all about luck too. I think the best reasonable bankroll is around 1-5btc, more bigger is better but back again, this is provably fair and you can even lose 20 times streak loss. So don't forget to stop when you already win so many coins.

That bankroll is too much, I encounter already 40 times lose streak @ 60% win chance rate at Primedice and I'm sure that your 5BTC bankroll will just be sucked up once it hits. 5BTC bankroll is too much to risk in gambling especially on a script which you don't know what program really contains it and most of the dice script contains malicious content that might result to lose your funds. It is better to do manual betting if you really want a huge bankroll to play.

I would never risk so much bitcoins on dice script, I'm sure that I would lose them all. Martingale is not a winning strategy, and there are bet limits, so you can have even more bitcoins that doesn't mean much. 40 times losing streak is a lot, my highest losing streak was 31 times and I lost more then 0.2 btc, in that time that wasn't so valuable like its now, but nevertheless I lost all of it and after that I never played dices with so big amounts of bitcoins.
Don't buy dice script is my recommendation too, better deposit couple mBTC and have fun, if you risk too much you can end with nothing, and people lost a lot of bitcoins on dices.

We have same thoughts, Most the dice script used martingale method and it obvious that it is a normal technique on dice game. Even the OP used huge amount of bank roll as I've said earlier. There is still a chance to max possible long streak on each winning chance rate settings. You are still lucky that you lose 0.2BTC for doing that method, I lost almost 2BTC for using that method in auto bet and leave my computer running for a day. 

[cjmoles]

Hello community, I am thinking to buy a dice game script and it up. I was wondering, what is a reasonable bankroll I need to have to pay out the initial winnings. Thank you!

Best recommendation: Research, learn, and understand the dynamics of the Kelly Criterion and similar models.  If you don't understand Kelly, then don't put your bankroll at risk ---> there are dice sharks lurking around in these threads who just can't wait for the opportunity to find  somebody willing to put their roll at risk! Start here ---> http://www.albionresearch.com/kelly/ and follow the leads.

[Oilacris]

Hello community, I am thinking to buy a dice game script and it up. I was wondering, what is a reasonable bankroll I need to have to pay out the initial winnings. Thank you!

Tbh, don't buy that dice game script. It's useless, I mean it's all about luck too. I think the best reasonable bankroll is around 1-5btc, more bigger is better but back again, this is provably fair and you can even lose 20 times streak loss. So don't forget to stop when you already win so many coins.

That bankroll is too much, I encounter already 40 times lose streak @ 60% win chance rate at Primedice and I'm sure that your 5BTC bankroll will just be sucked up once it hits. 5BTC bankroll is too much to risk in gambling especially on a script which you don't know what program really contains it and most of the dice script contains malicious content that might result to lose your funds. It is better to do manual betting if you really want a huge bankroll to play.

I would never risk so much bitcoins on dice script, I'm sure that I would lose them all. Martingale is not a winning strategy, and there are bet limits, so you can have even more bitcoins that doesn't mean much. 40 times losing streak is a lot, my highest losing streak was 31 times and I lost more then 0.2 btc, in that time that wasn't so valuable like its now, but nevertheless I lost all of it and after that I never played dices with so big amounts of bitcoins.
Don't buy dice script is my recommendation too, better deposit couple mBTC and have fun, if you risk too much you can end with nothing, and people lost a lot of bitcoins on dices.

We have same thoughts, Most the dice script used martingale method and it obvious that it is a normal technique on dice game. Even the OP used huge amount of bank roll as I've said earlier. There is still a chance to max possible long streak on each winning chance rate settings. You are still lucky that you lose 0.2BTC for doing that method, I lost almost 2BTC for using that method in auto bet and leave my computer running for a day. 

I cant see any special thing on those scripts either its free or paid. They do have common settings which same as you said it do make use on common way which is martingale there might be some modifications but yet i can still consider as the same.No matter how big your bankroll is if losing streak would hit you for sure you would lose up your entire balance.

[el kaka22]

Hello community, I am thinking to buy a dice game script and it up. I was wondering, what is a reasonable bankroll I need to have to pay out the initial winnings. Thank you!

Tbh, don't buy that dice game script. It's useless, I mean it's all about luck too. I think the best reasonable bankroll is around 1-5btc, more bigger is better but back again, this is provably fair and you can even lose 20 times streak loss. So don't forget to stop when you already win so many coins.

More bigger is always better if only what you are gambling or your minimum amount being used to gamble is low. That is the only time the stakes of loosing may not be high. For example, playing with a bankroll of 5 BTC and betting as much as 0.01 is pretty much a huge way to still lose all that you have. Just like you said, even 20 streaks of losses is small as I have heard more than that.

However, the best is just to realize that those streaks can come once in a while and then have a limit to the amount you can lose at the end so you do not lose all.

[michkima]

Hello community, I am thinking to buy a dice game script and it up. I was wondering, what is a reasonable bankroll I need to have to pay out the initial winnings. Thank you!

Tbh, don't buy that dice game script. It's useless, I mean it's all about luck too. I think the best reasonable bankroll is around 1-5btc, more bigger is better but back again, this is provably fair and you can even lose 20 times streak loss. So don't forget to stop when you already win so many coins.

More bigger is always better if only what you are gambling or your minimum amount being used to gamble is low. That is the only time the stakes of loosing may not be high. For example, playing with a bankroll of 5 BTC and betting as much as 0.01 is pretty much a huge way to still lose all that you have. Just like you said, even 20 streaks of losses is small as I have heard more than that.

However, the best is just to realize that those streaks can come once in a while and then have a limit to the amount you can lose at the end so you do not lose all.

That is true, that is why most gambling sites have so much bankroll even if their max bet is just a very small fraction of the whole bankroll. Usually casinos set about 1% or less than that because they are also expecting that there would come times that there would be multiple people that would be hitting big wins a lot. So, Op should really provide a big bankroll.