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Author Topic: healthy discussion about DICE  (Read 790 times)
piloder
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November 22, 2017, 05:53:25 PM
 #41

if you try to test 1 satoshi with 50% change you still get more reds than wins. Why?
Chance of winning 50% doesn't always mean you will win 5 times and loss 5 times if you roll dice for 10 times. You can test it with simple head and tail game by keeping all parameters same and tossing coin for 10 times you will never get 5 tail and 5 heads.

House always wins because if you will win with 50% chance they will only pay you 1.98x not 2x so if you will win 5 times out of 10 rolls with 1 bitcoin bet and 5BTC bankroll than you will have 5x1.98 = 9.9BTC total balance.

Than suppose you will loss remaining 5 times ; 5 x 1 = 5BTC

Now in total you will loss = 4.9 - 5 = 0.10BTC ( this is house profit just because of house edge).
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November 23, 2017, 06:11:51 AM
 #42

So its been 5 years that im playing this game
sometimes i lost everything
sometimes i manage to win but then burst it all again in some weeks
there is no strategy to beat the HOUSE
why the house always win?
if you try to test 1 satoshi with 50% change you still get more reds than wins. Why?
dont come with that bs "hur dur you are greedy" no!
i mean.. the game is provably fair why we cant win?
everyday i see the house winning 10+ btc just checking the high rollers
post your opinions





Now you have been spend 5 years a long time with dice game, then of course you know better than us. But i am fully agree with you, that always house win. Why house always win? i don't know, may be house has more luck than us, that's why every time house has a winning. But it is dice game, and no strategy and no rules are here to win us, so it is totally depend on luck then accept it that we ever win because of luck.   

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November 23, 2017, 06:23:06 AM
 #43

Dice is popular game in online bitcoin gambling, but still every gambler said that he like dice but he can't earn from it. It is right because in dice we have no strategy, so always we could win if we have luck. Simply if we have no luck then sure we have less chances to win in dice, that's why all the time house win and we can't.   
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November 23, 2017, 06:34:56 AM
 #44

Dice is popular game in online bitcoin gambling, but still every gambler said that he like dice but he can't earn from it. It is right because in dice we have no strategy, so always we could win if we have luck. Simply if we have no luck then sure we have less chances to win in dice, that's why all the time house win and we can't.   

although people can not always win but they are enjoy to play dice games and i think we need to be careful with this games because this could attract our greediness to play again and again. every time we loss, we thinking that in next chance we can be a winner because we think that our luck will come after next roll but unfortunately, we don't know when the luck will come.

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November 23, 2017, 06:46:04 AM
 #45

Our bankroll is always small from the house also house have limit of max profit but we don't have that kind of limit to bet with the amount of bankroll we have. Dice sites are provably fair and its probability which makes you loose not because of provably fair system.
provably fair make sure the game are completely random , the game are generated by certain code and inside of that there's a house edge where the primary function are to make the business run well profitable and that house edge take the profit from every bet placed. which means when you have played for 5 years then you have given the site a steady income with every single bet you have made, that's why in dice you should leave forever once you have got a winning, otherwise you would feel like you would never win in the end.

I'm in 400,000 euros debt , dont help me , i rather die
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November 23, 2017, 08:06:24 AM
 #46

Our bankroll is always small from the house also house have limit of max profit but we don't have that kind of limit to bet with the amount of bankroll we have. Dice sites are provably fair and its probability which makes you loose not because of provably fair system.
provably fair make sure the game are completely random , the game are generated by certain code and inside of that there's a house edge where the primary function are to make the business run well profitable and that house edge take the profit from every bet placed. which means when you have played for 5 years then you have given the site a steady income with every single bet you have made, that's why in dice you should leave forever once you have got a winning, otherwise you would feel like you would never win in the end.
If we do play on reputable sites then dice games would really be always been fair to its players and its normal that house edge would be always there because house are making money on every bet we do made which is actually true on what you said here. This game is famous because of the fast results that it gives. Some people do believe that they can make a living with this game but end up on having a hole on their pocket.

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November 24, 2017, 12:49:14 AM
 #47

The game works against people who aren't playing big and is set to block the richest, that's my personal idea.
If you had huge money to spend you theoretically could play the system even by martingaling 50 bets in a row, but you'd need a lot of money to do it. Casinos know that and are adding max bet limits. So if you are there to play low and can't go big after a number of small losses in a row you just can't get your money back and they can safely keep you at 49% win ratio and still make money.
It's not only an internet casino thing. I've seen pro players being kicked out of real casinos because they can't just limit your bets there so the only way is to stop you from playing.

To be able to lose 50 bets in a row you would need an insane amount of money it wouldn't even be worth it to bet in the first place. Even with bitcoins if you start with 1 satoshi bet, 40 bets in a row would need 5400 bitcoins and 50 in a row would need around 5.5 million bitcoins. Even if you have the money, keep in mind that you are betting 1 satoshi so even with a bot betting, you would need to bet for months and months just to win some money that compared to your 5.5 million bitcoins is still meaningless. As I showed above it's also better to just bet half of it at 33% and if you lose bet the other half at 24.75% because this gives you total odds 49.58% which is a bit higher than just 49.5% that you would get by making a single bet and you save all the time that would take betting at 1 satoshi.

The gambler can have thousands or millions of Bitcoins, at some point he will touch the maximum bet allowed by the house and that is the end of the streak. So he will need to continue betting the maximum allowed, or he will need to start again... Progressively losing money without chances of recovering it. And you can change the winning chance to 90% or 1%, doesn't matter, the result will be the same on long term.

Unless you have infinite money which is not possible, having a lot of money wont make you win, casinos have a maximum bet to cover their own bankroll not to stop martingale from working. The problem is that if someone with a lot of money comes in and makes a few martingale bets with a very big starting bet, the chances of winning are pretty good for him if he only plays a few bets and then leaves so casinos put a limit on red/black type of bets to ensure the max bet is not too big forcing the player that has a lot of money to start off with a small bet. If you were to play for a long enough time, you would lose even with 100 billion dollars, eventually...

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November 24, 2017, 02:27:15 AM
 #48

The game works against people who aren't playing big and is set to block the richest, that's my personal idea.
If you had huge money to spend you theoretically could play the system even by martingaling 50 bets in a row, but you'd need a lot of money to do it. Casinos know that and are adding max bet limits. So if you are there to play low and can't go big after a number of small losses in a row you just can't get your money back and they can safely keep you at 49% win ratio and still make money.
It's not only an internet casino thing. I've seen pro players being kicked out of real casinos because they can't just limit your bets there so the only way is to stop you from playing.

To be able to lose 50 bets in a row you would need an insane amount of money it wouldn't even be worth it to bet in the first place. Even with bitcoins if you start with 1 satoshi bet, 40 bets in a row would need 5400 bitcoins and 50 in a row would need around 5.5 million bitcoins. Even if you have the money, keep in mind that you are betting 1 satoshi so even with a bot betting, you would need to bet for months and months just to win some money that compared to your 5.5 million bitcoins is still meaningless. As I showed above it's also better to just bet half of it at 33% and if you lose bet the other half at 24.75% because this gives you total odds 49.58% which is a bit higher than just 49.5% that you would get by making a single bet and you save all the time that would take betting at 1 satoshi.

The gambler can have thousands or millions of Bitcoins, at some point he will touch the maximum bet allowed by the house and that is the end of the streak. So he will need to continue betting the maximum allowed, or he will need to start again... Progressively losing money without chances of recovering it. And you can change the winning chance to 90% or 1%, doesn't matter, the result will be the same on long term.

Unless you have infinite money which is not possible, having a lot of money wont make you win, casinos have a maximum bet to cover their own bankroll not to stop martingale from working. The problem is that if someone with a lot of money comes in and makes a few martingale bets with a very big starting bet, the chances of winning are pretty good for him if he only plays a few bets and then leaves so casinos put a limit on red/black type of bets to ensure the max bet is not too big forcing the player that has a lot of money to start off with a small bet. If you were to play for a long enough time, you would lose even with 100 billion dollars, eventually...

Yes, it's always very profitable for the casino, with or without infinite bankroll.  Cheesy
But people still believe they can make a good job playing with their mix of strategies. Well, for me this time have already passed, for me makes no sense anymore to play Dice game knowing these facts. Better to move to sports betting with a good tipper if the intention is to make profit.

 
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Bellator
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November 24, 2017, 03:05:18 AM
 #49

The game works against people who aren't playing big and is set to block the richest, that's my personal idea.
If you had huge money to spend you theoretically could play the system even by martingaling 50 bets in a row, but you'd need a lot of money to do it. Casinos know that and are adding max bet limits. So if you are there to play low and can't go big after a number of small losses in a row you just can't get your money back and they can safely keep you at 49% win ratio and still make money.
It's not only an internet casino thing. I've seen pro players being kicked out of real casinos because they can't just limit your bets there so the only way is to stop you from playing.

To be able to lose 50 bets in a row you would need an insane amount of money it wouldn't even be worth it to bet in the first place. Even with bitcoins if you start with 1 satoshi bet, 40 bets in a row would need 5400 bitcoins and 50 in a row would need around 5.5 million bitcoins. Even if you have the money, keep in mind that you are betting 1 satoshi so even with a bot betting, you would need to bet for months and months just to win some money that compared to your 5.5 million bitcoins is still meaningless. As I showed above it's also better to just bet half of it at 33% and if you lose bet the other half at 24.75% because this gives you total odds 49.58% which is a bit higher than just 49.5% that you would get by making a single bet and you save all the time that would take betting at 1 satoshi.

The gambler can have thousands or millions of Bitcoins, at some point he will touch the maximum bet allowed by the house and that is the end of the streak. So he will need to continue betting the maximum allowed, or he will need to start again... Progressively losing money without chances of recovering it. And you can change the winning chance to 90% or 1%, doesn't matter, the result will be the same on long term.

Unless you have infinite money which is not possible, having a lot of money wont make you win, casinos have a maximum bet to cover their own bankroll not to stop martingale from working. The problem is that if someone with a lot of money comes in and makes a few martingale bets with a very big starting bet, the chances of winning are pretty good for him if he only plays a few bets and then leaves so casinos put a limit on red/black type of bets to ensure the max bet is not too big forcing the player that has a lot of money to start off with a small bet. If you were to play for a long enough time, you would lose even with 100 billion dollars, eventually...

Yes, it's always very profitable for the casino, with or without infinite bankroll.  Cheesy
But people still believe they can make a good job playing with their mix of strategies. Well, for me this time have already passed, for me makes no sense anymore to play Dice game knowing these facts. Better to move to sports betting with a good tipper if the intention is to make profit.

Mix strategies could not be associated with dice games in casino because it was just a matter of lucky bets. That's a good insights if you are moving to sportsbetting because you actually witnessed the actual sports trending on how the team went on on their team set plays. Dice games is only for those who wanted fun guessing of their bets even though it isn't sure to win.

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November 24, 2017, 04:24:50 AM
 #50

I think the right answer of that is in one word "Greed". That is right, that dice known sites are secure and fair to play on them, so It's true, you will have a 50% to win/lose, In fact people when they win they would try to play again and again, I talk to the most of them, so automaticaly you will found that the site will have a big profit, and the profit will increase day by day.

Tbh greed is the big problem here in gambling especially on dice. When you win some profits on dice people always continue to get more profits which is totally wrong because it makes us become greedy and in the end you will lose all your profits and even your balance too. So just leave dice sites when you already win some profits.
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November 24, 2017, 05:35:35 AM
 #51

I think the right answer of that is in one word "Greed". That is right, that dice known sites are secure and fair to play on them, so It's true, you will have a 50% to win/lose, In fact people when they win they would try to play again and again, I talk to the most of them, so automaticaly you will found that the site will have a big profit, and the profit will increase day by day.

Tbh greed is the big problem here in gambling especially on dice. When you win some profits on dice people always continue to get more profits which is totally wrong because it makes us become greedy and in the end you will lose all your profits and even your balance too. So just leave dice sites when you already win some profits.


Greed is not the big problem when you gambling because, in the first place, Greed is responsible on why you are playing gambling even if it is just for fun or profit because you will not gamble if you are not greed to earn so that is not the main factor on why people are losing. IMHO, patience is my weakness at all, I can't stand to bet small multiple times that cause too much loss to me. I believe that if a gambler has a patience while playing, the chance of winning will be increased because he has a lot of time to think and decide on what he will do.
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November 24, 2017, 08:08:03 AM
 #52

Our bankroll is always small from the house also house have limit of max profit but we don't have that kind of limit to bet with the amount of bankroll we have. Dice sites are provably fair and its probability which makes you loose not because of provably fair system.
provably fair make sure the game are completely random , the game are generated by certain code and inside of that there's a house edge where the primary function are to make the business run well profitable and that house edge take the profit from every bet placed. which means when you have played for 5 years then you have given the site a steady income with every single bet you have made, that's why in dice you should leave forever once you have got a winning, otherwise you would feel like you would never win in the end.
If we do play on reputable sites then dice games would really be always been fair to its players and its normal that house edge would be always there because house are making money on every bet we do made which is actually true on what you said here. This game is famous because of the fast results that it gives. Some people do believe that they can make a living with this game but end up on having a hole on their pocket.
in the end noone would believe that dice could give you profit continuously , in the long run gamble on dice game has much more risk due its quick outcome . greedy people would keep silent on a huge winning but accusing the site as not fair/shady on a non sense lost. well we would always see such people with irresponsible attitude and more to childish.

I'm in 400,000 euros debt , dont help me , i rather die
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November 24, 2017, 11:01:40 AM
 #53

if you try to test 1 satoshi with 50% change you still get more reds than wins. Why?
Chance of winning 50% doesn't always mean you will win 5 times and loss 5 times if you roll dice for 10 times. You can test it with simple head and tail game by keeping all parameters same and tossing coin for 10 times you will never get 5 tail and 5 heads.

House always wins because if you will win with 50% chance they will only pay you 1.98x not 2x so if you will win 5 times out of 10 rolls with 1 bitcoin bet and 5BTC bankroll than you will have 5x1.98 = 9.9BTC total balance.

Than suppose you will loss remaining 5 times ; 5 x 1 = 5BTC

Now in total you will loss = 4.9 - 5 = 0.10BTC ( this is house profit just because of house edge).

It doesn't necessarily mean that you will get that outcome, but at the long run you are supposed to get that outcome, and because the house takes about 2%, you have no chance winning against the house at the very long run.

The most profitable way to win at dice betting is to quit gambling after one roll, even if you lost the roll or won the roll, the house edge hasn't affected you really much so you are not in a big lose.
Mathematically, the more you play, the more you lose, because every bet is like paying 2% of your wager to the gambling site.
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November 24, 2017, 12:16:46 PM
 #54

So its been 5 years that im playing this game
sometimes i lost everything
sometimes i manage to win but then burst it all again in some weeks
there is no strategy to beat the HOUSE
why the house always win?
if you try to test 1 satoshi with 50% change you still get more reds than wins. Why?
dont come with that bs "hur dur you are greedy" no!
i mean.. the game is provably fair why we cant win?
everyday i see the house winning 10+ btc just checking the high rollers
post your opinions





I know this feeling, but I feel it's not always that this happens on all the sites, for ex you could play at bit dice they have the best probably method, plus they have really goods games, I used to play on rollio and pd but I barely had any good luck out there, I feel much more secure and happy playing at bit dice, look all sites have set ups, and even the pros fall for it, you should choose a successful site and a honest site to play after all its dice you can't stop playing it.
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November 24, 2017, 12:33:01 PM
 #55

So its been 5 years that im playing this game
sometimes i lost everything
sometimes i manage to win but then burst it all again in some weeks
there is no strategy to beat the HOUSE
why the house always win?
if you try to test 1 satoshi with 50% change you still get more reds than wins. Why?
dont come with that bs "hur dur you are greedy" no!
i mean.. the game is provably fair why we cant win?
everyday i see the house winning 10+ btc just checking the high rollers
post your opinions





I know this feeling, but I feel it's not always that this happens on all the sites, for ex you could play at bit dice they have the best probably method, plus they have really goods games, I used to play on rollio and pd but I barely had any good luck out there, I feel much more secure and happy playing at bit dice, look all sites have set ups, and even the pros fall for it, you should choose a successful site and a honest site to play after all its dice you can't stop playing it.

Well bottomline is, some sites probably are fair and some are not. At its basics, dice is a 50/50 chance game, so i agree that the most raw version of dice would give you a fair chance of winning. That also means that the results can easily be manipulated by bots if you're playing online dice. That's gives you now less than 50% chance

 
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bitllionaire
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November 24, 2017, 03:58:17 PM
 #56

I think the right answer of that is in one word "Greed". That is right, that dice known sites are secure and fair to play on them, so It's true, you will have a 50% to win/lose, In fact people when they win they would try to play again and again, I talk to the most of them, so automaticaly you will found that the site will have a big profit, and the profit will increase day by day.

Tbh greed is the big problem here in gambling especially on dice. When you win some profits on dice people always continue to get more profits which is totally wrong because it makes us become greedy and in the end you will lose all your profits and even your balance too. So just leave dice sites when you already win some profits.


Greed is not the big problem when you gambling because, in the first place, Greed is responsible on why you are playing gambling even if it is just for fun or profit because you will not gamble if you are not greed to earn so that is not the main factor on why people are losing. IMHO, patience is my weakness at all, I can't stand to bet small multiple times that cause too much loss to me. I believe that if a gambler has a patience while playing, the chance of winning will be increased because he has a lot of time to think and decide on what he will do.
YEs greed is good but up to a limit. If your greed will increase from your limit, where you find it hard to have control over your greed, then it is not good, because you are increasing your chances to lose a big amount of your money, In fact greed compel you to continue gambling even if you will win a good amount of money in gambling, but it is for sure that no one can win every bet, no one can be lucky for every time.
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November 24, 2017, 04:39:37 PM
 #57

The game works against people who aren't playing big and is set to block the richest, that's my personal idea.
If you had huge money to spend you theoretically could play the system even by martingaling 50 bets in a row, but you'd need a lot of money to do it. Casinos know that and are adding max bet limits. So if you are there to play low and can't go big after a number of small losses in a row you just can't get your money back and they can safely keep you at 49% win ratio and still make money.
It's not only an internet casino thing. I've seen pro players being kicked out of real casinos because they can't just limit your bets there so the only way is to stop you from playing.

To be able to lose 50 bets in a row you would need an insane amount of money it wouldn't even be worth it to bet in the first place. Even with bitcoins if you start with 1 satoshi bet, 40 bets in a row would need 5400 bitcoins and 50 in a row would need around 5.5 million bitcoins. Even if you have the money, keep in mind that you are betting 1 satoshi so even with a bot betting, you would need to bet for months and months just to win some money that compared to your 5.5 million bitcoins is still meaningless. As I showed above it's also better to just bet half of it at 33% and if you lose bet the other half at 24.75% because this gives you total odds 49.58% which is a bit higher than just 49.5% that you would get by making a single bet and you save all the time that would take betting at 1 satoshi.

The gambler can have thousands or millions of Bitcoins, at some point he will touch the maximum bet allowed by the house and that is the end of the streak. So he will need to continue betting the maximum allowed, or he will need to start again... Progressively losing money without chances of recovering it. And you can change the winning chance to 90% or 1%, doesn't matter, the result will be the same on long term.

Unless you have infinite money which is not possible, having a lot of money wont make you win, casinos have a maximum bet to cover their own bankroll not to stop martingale from working. The problem is that if someone with a lot of money comes in and makes a few martingale bets with a very big starting bet, the chances of winning are pretty good for him if he only plays a few bets and then leaves so casinos put a limit on red/black type of bets to ensure the max bet is not too big forcing the player that has a lot of money to start off with a small bet. If you were to play for a long enough time, you would lose even with 100 billion dollars, eventually...

Yes, it's always very profitable for the casino, with or without infinite bankroll.  Cheesy
But people still believe they can make a good job playing with their mix of strategies. Well, for me this time have already passed, for me makes no sense anymore to play Dice game knowing these facts. Better to move to sports betting with a good tipper if the intention is to make profit.

Mix strategies could not be associated with dice games in casino because it was just a matter of lucky bets. That's a good insights if you are moving to sportsbetting because you actually witnessed the actual sports trending on how the team went on on their team set plays. Dice games is only for those who wanted fun guessing of their bets even though it isn't sure to win.

oh boi, do you know even big games are rigged on sports betting? NBA,NFL all that shit.. if you think that sports betting is good for a long run then you really dont know what u are doing to your money
but GL
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November 24, 2017, 05:21:59 PM
 #58

The game works against people who aren't playing big and is set to block the richest, that's my personal idea.
If you had huge money to spend you theoretically could play the system even by martingaling 50 bets in a row, but you'd need a lot of money to do it. Casinos know that and are adding max bet limits. So if you are there to play low and can't go big after a number of small losses in a row you just can't get your money back and they can safely keep you at 49% win ratio and still make money.
It's not only an internet casino thing. I've seen pro players being kicked out of real casinos because they can't just limit your bets there so the only way is to stop you from playing.

To be able to lose 50 bets in a row you would need an insane amount of money it wouldn't even be worth it to bet in the first place. Even with bitcoins if you start with 1 satoshi bet, 40 bets in a row would need 5400 bitcoins and 50 in a row would need around 5.5 million bitcoins. Even if you have the money, keep in mind that you are betting 1 satoshi so even with a bot betting, you would need to bet for months and months just to win some money that compared to your 5.5 million bitcoins is still meaningless. As I showed above it's also better to just bet half of it at 33% and if you lose bet the other half at 24.75% because this gives you total odds 49.58% which is a bit higher than just 49.5% that you would get by making a single bet and you save all the time that would take betting at 1 satoshi.

The gambler can have thousands or millions of Bitcoins, at some point he will touch the maximum bet allowed by the house and that is the end of the streak. So he will need to continue betting the maximum allowed, or he will need to start again... Progressively losing money without chances of recovering it. And you can change the winning chance to 90% or 1%, doesn't matter, the result will be the same on long term.

Unless you have infinite money which is not possible, having a lot of money wont make you win, casinos have a maximum bet to cover their own bankroll not to stop martingale from working. The problem is that if someone with a lot of money comes in and makes a few martingale bets with a very big starting bet, the chances of winning are pretty good for him if he only plays a few bets and then leaves so casinos put a limit on red/black type of bets to ensure the max bet is not too big forcing the player that has a lot of money to start off with a small bet. If you were to play for a long enough time, you would lose even with 100 billion dollars, eventually...

Yes, it's always very profitable for the casino, with or without infinite bankroll.  Cheesy
But people still believe they can make a good job playing with their mix of strategies. Well, for me this time have already passed, for me makes no sense anymore to play Dice game knowing these facts. Better to move to sports betting with a good tipper if the intention is to make profit.

Mix strategies could not be associated with dice games in casino because it was just a matter of lucky bets. That's a good insights if you are moving to sportsbetting because you actually witnessed the actual sports trending on how the team went on on their team set plays. Dice games is only for those who wanted fun guessing of their bets even though it isn't sure to win.

oh boi, do you know even big games are rigged on sports betting? NBA,NFL all that shit.. if you think that sports betting is good for a long run then you really dont know what u are doing to your money
but GL

Sports betting is good to compare Dice game but making a long run win is possible but not easy. now all sports become business, players and teams only play for money, not for the nation. now we can not predict the game result based on the team name and players name. that is why we will lose our bets in sports betting.
audaciousbeing
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November 24, 2017, 07:06:52 PM
 #59

So its been 5 years that im playing this game
sometimes i lost everything
sometimes i manage to win but then burst it all again in some weeks
there is no strategy to beat the HOUSE
why the house always win?
if you try to test 1 satoshi with 50% change you still get more reds than wins. Why?
dont come with that bs "hur dur you are greedy" no!
i mean.. the game is provably fair why we cant win?
everyday i see the house winning 10+ btc just checking the high rollers
post your opinions





For a while 5 years and you didn't win, I guess you must have been carried away with the idea that you will win one day and recover all your losses but that doesn't happen. Now that you have learnt your lesson, I hope you have decided to move on and understand that gambling is not meant for everyone especially the ones that are based on probability rather than skills and dice is key example to that.

On those that are winning big, its either of two ways I see it.

1. Those people are that are winning are just one of the several that have lost their money and the 10btc+ might just be a payback of the 100btc+ that have been lost.

2. The 10btc winnings might just be a bogus one with the site creating account to gamble with their same money whether its lost or won, it does not matter so far its showing on the dashboard and giving 'hope' to someone playing with real money to gamble and lost.
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November 24, 2017, 10:52:16 PM
 #60

The game works against people who aren't playing big and is set to block the richest, that's my personal idea.
If you had huge money to spend you theoretically could play the system even by martingaling 50 bets in a row, but you'd need a lot of money to do it. Casinos know that and are adding max bet limits. So if you are there to play low and can't go big after a number of small losses in a row you just can't get your money back and they can safely keep you at 49% win ratio and still make money.
It's not only an internet casino thing. I've seen pro players being kicked out of real casinos because they can't just limit your bets there so the only way is to stop you from playing.

To be able to lose 50 bets in a row you would need an insane amount of money it wouldn't even be worth it to bet in the first place. Even with bitcoins if you start with 1 satoshi bet, 40 bets in a row would need 5400 bitcoins and 50 in a row would need around 5.5 million bitcoins. Even if you have the money, keep in mind that you are betting 1 satoshi so even with a bot betting, you would need to bet for months and months just to win some money that compared to your 5.5 million bitcoins is still meaningless. As I showed above it's also better to just bet half of it at 33% and if you lose bet the other half at 24.75% because this gives you total odds 49.58% which is a bit higher than just 49.5% that you would get by making a single bet and you save all the time that would take betting at 1 satoshi.

The gambler can have thousands or millions of Bitcoins, at some point he will touch the maximum bet allowed by the house and that is the end of the streak. So he will need to continue betting the maximum allowed, or he will need to start again... Progressively losing money without chances of recovering it. And you can change the winning chance to 90% or 1%, doesn't matter, the result will be the same on long term.

Unless you have infinite money which is not possible, having a lot of money wont make you win, casinos have a maximum bet to cover their own bankroll not to stop martingale from working. The problem is that if someone with a lot of money comes in and makes a few martingale bets with a very big starting bet, the chances of winning are pretty good for him if he only plays a few bets and then leaves so casinos put a limit on red/black type of bets to ensure the max bet is not too big forcing the player that has a lot of money to start off with a small bet. If you were to play for a long enough time, you would lose even with 100 billion dollars, eventually...

Yes, it's always very profitable for the casino, with or without infinite bankroll.  Cheesy
But people still believe they can make a good job playing with their mix of strategies. Well, for me this time have already passed, for me makes no sense anymore to play Dice game knowing these facts. Better to move to sports betting with a good tipper if the intention is to make profit.

Mix strategies could not be associated with dice games in casino because it was just a matter of lucky bets. That's a good insights if you are moving to sportsbetting because you actually witnessed the actual sports trending on how the team went on on their team set plays. Dice games is only for those who wanted fun guessing of their bets even though it isn't sure to win.

oh boi, do you know even big games are rigged on sports betting? NBA,NFL all that shit.. if you think that sports betting is good for a long run then you really dont know what u are doing to your money
but GL

Sports betting is good to compare Dice game but making a long run win is possible but not easy. now all sports become business, players and teams only play for money, not for the nation. now we can not predict the game result based on the team name and players name. that is why we will lose our bets in sports betting.
i agree on this part
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