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Author Topic: The Gambler's way  (Read 18653 times)
wilburwilbur (OP)
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January 04, 2018, 04:05:25 AM
 #1

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

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alisafidel58
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January 04, 2018, 07:06:00 AM
 #2

is gambling really about luck or can you beat the house using maths and probability?

Infusing math to over come the probability of winning in the casino is a hard task, games in the casino are develop by programmers, unless you know the algorithm you might have a chance but the combination is massive.

so do you think gambling is about luck or you can beat the house with strat?

From what i believe gambling over an an online casino is all about luck but is you gamble on an offline casino you can put some strategy there to win over the house.
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January 04, 2018, 07:09:05 AM
 #3

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

As many people say, gambling can be considered 95% luck and 5% skill. Overall, its mostly about luck but with a bit of skill and calculations, you can beat the house. The point is that over the long run, the house always wins out and you must quit as soon as you make profit, no matter how small or else greed will get the better of you and the house chimes in to add to your misery.

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

Auto betting with a low base bet and big multipliers is always a good strategy to rely on but requires a lot of patience. With the wins, you will always be ending up with profit at through end of the day. Of course there's always chances of busting but since the chances of winning big is always a factor, taking the risk or not would be your call to make.
wilburwilbur (OP)
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January 04, 2018, 07:16:03 AM
 #4

is gambling really about luck or can you beat the house using maths and probability?

Infusing math to over come the probability of winning in the casino is a hard task, games in the casino are develop by programmers, unless you know the algorithm you might have a chance but the combination is massive.

so do you think gambling is about luck or you can beat the house with strat?

From what i believe gambling over an an online casino is all about luck but is you gamble on an offline casino you can put some strategy there to win over the house.

from that statement i feel like offline casino is better than online
well yeah at some point since ive been into offline casino too you can use so called " strategy" or plan. i tried offline strategy like martingale and seems working fine
but as the other guy said house edge always wins so better know when to stop  Smiley
thanks for sharing. im learning new things

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January 04, 2018, 09:13:16 AM
 #5

You cannot beat mathematically or with probability a casino online, offline you could but you don't anymore as they have put betting limits. How you could have beat up an offline casino ? Pretty easy, you go to play roulette and place a bet always on red, out of 100 rolls, probability for it to be 100 rolls on black is mathematically impossible in real life. But unfortunately you can't because of betting limits in offline casinos and in online casino since roulette is run by software it is possible to fall 100 times on black. You simply can't beat a casino but you can have higher probability on sport betting when you take into considerations many details, statistics, form of teams, injuries, referees ,predictions sites etc.
wilburwilbur (OP)
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January 04, 2018, 09:28:34 AM
 #6

You cannot beat mathematically or with probability a casino online, offline you could but you don't anymore as they have put betting limits. How you could have beat up an offline casino ? Pretty easy, you go to play roulette and place a bet always on red, out of 100 rolls, probability for it to be 100 rolls on black is mathematically impossible in real life. But unfortunately you can't because of betting limits in offline casinos and in online casino since roulette is run by software it is possible to fall 100 times on black. You simply can't beat a casino but you can have higher probability on sport betting when you take into considerations many details, statistics, form of teams, injuries, referees ,predictions sites etc.
so what do you suggest?
 i dont know if i will agree with you about "cannot beat mathematically and probability" because for me i know that we bust because we dont stop playing after we playing. house edge will come at you at some time. so for me strat and stop can beat house edge

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BitcoinSupremo
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January 04, 2018, 09:52:25 AM
 #7

You cannot beat mathematically or with probability a casino online, offline you could but you don't anymore as they have put betting limits. How you could have beat up an offline casino ? Pretty easy, you go to play roulette and place a bet always on red, out of 100 rolls, probability for it to be 100 rolls on black is mathematically impossible in real life. But unfortunately you can't because of betting limits in offline casinos and in online casino since roulette is run by software it is possible to fall 100 times on black. You simply can't beat a casino but you can have higher probability on sport betting when you take into considerations many details, statistics, form of teams, injuries, referees ,predictions sites etc.
so what do you suggest?
 i dont know if i will agree with you about "cannot beat mathematically and probability" because for me i know that we bust because we dont stop playing after we playing. house edge will come at you at some time. so for me strat and stop can beat house edge

That happens when you hit a lucky cycle and doesn't happen always, so yes you cannot beat the casino. Gambling has been with us since early stages of humanity ,yet in modern times only the people who hit the jackpot for example of 75 mln dollars can beat the casino, and this kind of persons on earth can be counted with the fingers of one hand. It is best to focus on sport betting where skill have a bigger part than luck and to stay out of gambling through luck games otherwise in the long run, you will come out in big loss. This is just my personal opinion though and maybe right or wrong but I rarely am at a loss when only playing sport betting compared to people who play dice, roulette ,slots and other luck games.
marcbitcoins
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January 04, 2018, 10:12:49 AM
 #8

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

This is sad but true that gambling will just rely on luck no matter how skilled you are and the other is to cheat using your skills in gambling. Just imagine that if you throw a dice, you cannot control the movement of it to show up your desired pair numbers so it will purely rely on luck. I don't trust online dice because we don't know it that was program to always win and the one who bet will always lose.
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January 04, 2018, 10:25:32 AM
 #9

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

Gambling is about luck if you will bet on house edge gambling games like dice. Strategy in this type of gambling games is just a designed to make gamblers think that it will increase their winning chance rate. That's the real score so if you hit jackpot then you are lucky.


 so what do you suggest?
 i dont know if i will agree with you about "cannot beat mathematically and probability" because for me i know that we bust because we dont stop playing after we playing. house edge will come at you at some time. so for me strat and stop can beat house edge

Well if that is the case and you really want to gambled then try on strategy based games where analyzation will help you increase your winning chance rate. You can consider Sports betting and Im a long time sports bettor too. We will continue to discussed it if you want and I and even the whole community will give you some tips too for starters.

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wilburwilbur (OP)
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January 04, 2018, 11:00:39 AM
 #10

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

Gambling is about luck if you will bet on house edge gambling games like dice. Strategy in this type of gambling games is just a designed to make gamblers think that it will increase their winning chance rate. That's the real score so if you hit jackpot then you are lucky.


 so what do you suggest?
 i dont know if i will agree with you about "cannot beat mathematically and probability" because for me i know that we bust because we dont stop playing after we playing. house edge will come at you at some time. so for me strat and stop can beat house edge

Well if that is the case and you really want to gambled then try on strategy based games where analyzation will help you increase your winning chance rate. You can consider Sports betting and Im a long time sports bettor too. We will continue to discussed it if you want and I and even the whole community will give you some tips too for starters.
oh okay okay i got it. so basically it's more on luck and i know it very well, 95% luck 5% strat then ? haha
anyways, let's not go far from the topic and thank you so much Smiley
i will gather some funds and post for a tips and advice in sportsbetting

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January 04, 2018, 11:21:46 AM
 #11

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

Gambling is about luck if you will bet on house edge gambling games like dice. Strategy in this type of gambling games is just a designed to make gamblers think that it will increase their winning chance rate. That's the real score so if you hit jackpot then you are lucky.


 so what do you suggest?
 i dont know if i will agree with you about "cannot beat mathematically and probability" because for me i know that we bust because we dont stop playing after we playing. house edge will come at you at some time. so for me strat and stop can beat house edge

Well if that is the case and you really want to gambled then try on strategy based games where analyzation will help you increase your winning chance rate. You can consider Sports betting and Im a long time sports bettor too. We will continue to discussed it if you want and I and even the whole community will give you some tips too for starters.
oh okay okay i got it. so basically it's more on luck and i know it very well, 95% luck 5% strat then ? haha
anyways, let's not go far from the topic and thank you so much Smiley
i will gather some funds and post for a tips and advice in sportsbetting

I'm a newbie when it comes gambled, there are too many gamble site now bustadice is one of that site but i did not play on it because i don't have bitcoin balance to play on. In Primedice i have also an account their since they have a free faucet to claim bitcoin in 10 satoshi then can play with it.


(oh okay okay i got it. so basically it's more on luck and i know it very well, 95% luck 5% strat then ? haha)


Hahaha thanks for that calculation i think 80%luck and the rest is strat.

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January 04, 2018, 11:33:44 AM
 #12

I almost can't believe this question has been asked so many times here, since the answer is easily found and pretty logical when you think about it.
Of course you can't beat the casino with a certain strategy, at least if we're talking about games where the house has an edge over you, which I assume you're talking about.

How would the casino make any profit if they were hosting games that allows players to beat them, just by choosing a certain strategy.

You can find strategies that will make you lose less money, but in the long run you cannot beat the house edge.

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January 04, 2018, 11:45:09 AM
 #13

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

Gambling is about luck if you will bet on house edge gambling games like dice. Strategy in this type of gambling games is just a designed to make gamblers think that it will increase their winning chance rate. That's the real score so if you hit jackpot then you are lucky.


 so what do you suggest?
 i dont know if i will agree with you about "cannot beat mathematically and probability" because for me i know that we bust because we dont stop playing after we playing. house edge will come at you at some time. so for me strat and stop can beat house edge

Well if that is the case and you really want to gambled then try on strategy based games where analyzation will help you increase your winning chance rate. You can consider Sports betting and Im a long time sports bettor too. We will continue to discussed it if you want and I and even the whole community will give you some tips too for starters.
oh okay okay i got it. so basically it's more on luck and i know it very well, 95% luck 5% strat then ? haha
anyways, let's not go far from the topic and thank you so much Smiley
i will gather some funds and post for a tips and advice in sportsbetting

I'm a newbie when it comes gambled, there are too many gamble site now bustadice is one of that site but i did not play on it because i don't have bitcoin balance to play on. In Primedice i have also an account their since they have a free faucet to claim bitcoin in 10 satoshi then can play with it.


(oh okay okay i got it. so basically it's more on luck and i know it very well, 95% luck 5% strat then ? haha)


Hahaha thanks for that calculation i think 80%luck and the rest is strat.


dude look on the comments above Smiley they said playing with faucet in an online casino is waste of time and they wont let you withdraw it most of the sites because they made faucet just for testing the site and for the depositors who bust will have at least something to play Smiley
read this: https://bitcointalk.org/index.php?topic=2687435.msg27460281#msg27460281

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January 04, 2018, 12:16:07 PM
 #14

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?
Gambling is a hard thing that need to have more patientce and self control to make sure that you will not become so greedy to get thier money until you lose all. We must say that gambling is a luck because you should not know what is the game flow.all you need is wait for the good time .

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January 04, 2018, 12:28:49 PM
 #15

I simply skip the math part and try not to think too much. Just start rolling with reasonable payouts (% chance) and hope for the best. Been lucky with gambling so far. I usually use payouts of x1.5 up to x3, works fine so far (for 1.5 year now). I also try to place flat bets most of the time and try to catch good streaks with higher bets. Using martingale for example suck as you catch winning streaks with your base bets and a bad streak will always catch you eventually if you don't set limits.

How to beat the casino? >> Withdraw on profit and set limits. Don't be greedy. You don't have to win the whole freaking casino's bankroll  Shocked Roll Eyes

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January 04, 2018, 12:31:46 PM
 #16

Good strategy + yolo bet + large bankroll with those i am sure you will be able to beat it. But of course there will always be the "not my day". In my days in gambling if am going to add all my green and red stats in every sites that i was playing in the past the result is i am still in positive. Because i learned how to stop whenever i won or whenever i am losing.
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January 04, 2018, 09:18:54 PM
 #17

Gambling is all down to luck you can try all sorts of systems involving probability and maths but most wins are still going to be from luck. Sports betting on the other hand has an element of skill and knowledge of the said sport you are betting on but luck will always be a big factor.

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January 04, 2018, 09:26:38 PM
 #18

Any game in gambling is all about luck but there are some games that also needs strategy but there are other games that pure luck.
So if you are planning to do math its impossible to beat the house.
So just gamble that you can afford to lose and just enjoy the game since gambling are made for entertainment purposes..
And it would be hard to win honestly base on my experience in the first attempt you can be win if you don't stop or you don't satisfied there is a high chance that you can be still continue to increase your win but in the end you will be still lose..

Decided to end it with zer0 profit.
michkima
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January 04, 2018, 11:53:49 PM
 #19

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

There is no way to beat a casino just by using math. Math will actually tell you that you can't beat the house. The fact of the matter is, you don't have unlimited bankroll to be able to pull off a martin gale system nor can you bet with unlimited limits nor can you play without house edge. All gambling games are negative expected value, meaning each time you bet you actually lose something if you average everything out and compute it for the long run.
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January 05, 2018, 12:20:40 AM
 #20

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

You can beat the house if you have more money then the house you wish to beat. You talk about strategies but you play dices, that is game where you need to risk a lot to win a lot, and when you do that more times you will lose then you can win. You need to concentrate on games where you have more chances for winning and that is sports betting and poker, and maybe black jack. Poker and betting on sports are gambling games where you have the highest chances for winning, before you experiment more with lucky games try this two games. Black jack is half half, you can try to count cards if you can but it's not easy.

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