The Gambler's way

[kryptorian]

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?

Though there are indeed strategies that can make one win whiles betting, they are actually not 100% to win at all, so luck is therefore the most important thing when gambling that's why people are so superstitious when it comes to gambling.

True, this strategy is just for a time being.  Try to run it continously and you will se how your bankroll drop.   I have been in an auto roll for more than a day and I see how the house edge kicks in.  This somehow nullified by martingale as long as you have a bankroll to accomodate the increase else you will be seeing your winnings to drop instantly when you are hit by series  of reds.. ( losing streak) and your bankroll can't accomodate the next increment.  And to sum it up.. there is no fix strategy to beat the house .

I'm curious why people are still believing in martingale? It is one of the surest way to lose your coins at the end of the day. It may work in theory with no limits on max bets, but this is never the case in real life in real casinos because otherwise a big whale could easily ruin them by always adding to his next bet. But if there is a max bet amount in place, with each losing roll the casino's bankroll will be growing while yours shrinking. And the longer you play, the sooner the house edge will kick in.

[raven7886]

I'm curious why people are still believing in martingale? It is one of the surest way to lose your coins at the end of the day. It may work in theory with no limits on max bets, but this is never the case in real life in real casinos because otherwise a big whale could easily ruin them by always adding to his next bet. But if there is a max bet amount in place, with each losing roll the casino's bankroll will be growing while yours shrinking. And the longer you play, the sooner the house edge will kick in.

Theory is nothing but what is we are experiencing in real life. In my opinion there could be no possibility of continuous losing streak anywhere to happen. If we are using martingale strategy in real life then you could definitely crack profits but unfortunately most of the gambling houses are not allowing you to escape that is the reason you are facing continuous long losing streaks.

The gambler's way could be anything and it may consist of any different strategies too still it could be followed all the times only when those strategies collectively giving more profits than losses. Martingale must be one of them it will cover losses in one single bet.

[mrcash02]

I'm curious why people are still believing in martingale? It is one of the surest way to lose your coins at the end of the day. It may work in theory with no limits on max bets, but this is never the case in real life in real casinos because otherwise a big whale could easily ruin them by always adding to his next bet. But if there is a max bet amount in place, with each losing roll the casino's bankroll will be growing while yours shrinking. And the longer you play, the sooner the house edge will kick in.

Theory is nothing but what is we are experiencing in real life. In my opinion there could be no possibility of continuous losing streak anywhere to happen. If we are using martingale strategy in real life then you could definitely crack profits but unfortunately most of the gambling houses are not allowing you to escape that is the reason you are facing continuous long losing streaks.

The gambler's way could be anything and it may consist of any different strategies too still it could be followed all the times only when those strategies collectively giving more profits than losses. Martingale must be one of them it will cover losses in one single bet.

People complain too much about Martingale because it's the most popular strategy. But if we think about any other strategy, seems they are similar or worse than Martingale... The gambler's way is the way to the total loss if he sees gambling as a money making method. Gambling plays with people's minds and their imagination, those who don't have their feet on the floor will be totally drained by the loss streak avalanche.

Strategies help temporarily and their effect duration is random for everyone. If you can't lose money or aren't prepared to lose money, stay away or play low.

[tabas]

Its impossible to beat the house with Mathematics, statics and probability. If you aim to beat them then just be with your luck then but the question is how can you be with your luck? Something that cannot be seen and predicted is hard to assume that you can beat them.

I'm curious why people are still believing in martingale? It is one of the surest way to lose your coins at the end of the day.

Basing on their experience so they still trust martingale, I tried it before but as you said I lost. If they are lucky to use martingale strategy then let them use it, they are simply lucky with that strategy and we are not.

[South Park]

I'm somehow a less risk-taker type. Gambling is just so risky and I can't afford to loose a big amount of money. I believe there are strategies on doing it. But the ratio of chances of winning is quite so high. Well, its ok to gamble as long as you know the risks it will have.

Wining chances for me is slim especially in various games which is full of luck based games. Unless you play the poker or some strategy game where you can win it is difficult to make money in gambling. The chance of losing is always higher than winning it.

Winning chances always less in all type of games, not various games. You win in various games because of you use strategy and then you beat the house to win and if you don't use strategy then of course you can't win in every game. So for me, strategy is important thing in gambling, but most of the time our strategy not working it is becasue we have no enough luck and that's why we have no enough winning in gambling. Gambling give us winning because of luck.   

I believe that every game in gambling needs pure luck, we can say that we have a great strategy for the games based strategy but without having a luck then we cannot win the games. this will do the same for the games that based on luck only. we should know about the risk before we place a bet so we don't have to expect to win the games and we should know that we risk our money to win the games but all in all, we really need the luck to win.

Getting lucky is not a thing, while you may win several times in a row and end the session with some profits that is not sustainable since you have no control over your luck and the longer you play the closer you are going to be to the real probabilities of the game, so forget to use your luck to win because it is something outside of your control.

[kryptorian]

I'm curious why people are still believing in martingale? It is one of the surest way to lose your coins at the end of the day. It may work in theory with no limits on max bets, but this is never the case in real life in real casinos because otherwise a big whale could easily ruin them by always adding to his next bet. But if there is a max bet amount in place, with each losing roll the casino's bankroll will be growing while yours shrinking. And the longer you play, the sooner the house edge will kick in.

Theory is nothing but what is we are experiencing in real life. In my opinion there could be no possibility of continuous losing streak anywhere to happen. If we are using martingale strategy in real life then you could definitely crack profits but unfortunately most of the gambling houses are not allowing you to escape that is the reason you are facing continuous long losing streaks.

The gambler's way could be anything and it may consist of any different strategies too still it could be followed all the times only when those strategies collectively giving more profits than losses. Martingale must be one of them it will cover losses in one single bet.

Sorry for my possible ignorance here, I'm not a mathematician or statistician, for the record, but do you mean that there are strategies or group of strategies that would allow you to beat the house? As I got it from my own small experience and from what others say, even what casino owners themselves say, in the end it all comes down to pure luck versus house edge.

To say it differently, it is impossible to win unless you have luck by your side, and so no strategy can really help you there. Am I wrong?

[madwica]

I'm curious why people are still believing in martingale? It is one of the surest way to lose your coins at the end of the day. It may work in theory with no limits on max bets, but this is never the case in real life in real casinos because otherwise a big whale could easily ruin them by always adding to his next bet. But if there is a max bet amount in place, with each losing roll the casino's bankroll will be growing while yours shrinking. And the longer you play, the sooner the house edge will kick in.

Theory is nothing but what is we are experiencing in real life. In my opinion there could be no possibility of continuous losing streak anywhere to happen. If we are using martingale strategy in real life then you could definitely crack profits but unfortunately most of the gambling houses are not allowing you to escape that is the reason you are facing continuous long losing streaks.

The gambler's way could be anything and it may consist of any different strategies too still it could be followed all the times only when those strategies collectively giving more profits than losses. Martingale must be one of them it will cover losses in one single bet.

Sorry for my possible ignorance here, I'm not a mathematician or statistician, for the record, but do you mean that there are strategies or group of strategies that would allow you to beat the house? As I got it from my own small experience and from what others say, even what casino owners themselves say, in the end it all comes down to pure luck versus house edge.

To say it differently, it is impossible to win unless you have luck by your side, and so no strategy can really help you there. Am I wrong?

Correct gambling is pure luck based and math cant helps you to beat the casino, no one can beat the house because they have huge amount of capital and other says that their site has a script to limit the amount of profit every account for users that is why if you already reach that you can not get anymore profit from the casino.

[Theb]

Technically you can defeat the gambling site as for example look at some dice games where you can adjust the rate of percentage on how you can win. By adjusting it you can either increase or decrease your chances of winning but by doing so you are also changing how much you will win. But at the end you will still see that even if you have a high percentage of winning you can still lose as it is still based on luck. Luck is the one needed in order for you to win games and without it you will be losing a lot of money.

[mostkey]

Technically you can defeat the gambling site as for example look at some dice games where you can adjust the rate of percentage on how you can win. By adjusting it you can either increase or decrease your chances of winning but by doing so you are also changing how much you will win. But at the end you will still see that even if you have a high percentage of winning you can still lose as it is still based on luck. Luck is the one needed in order for you to win games and without it you will be losing a lot of money.

strategy that is accompanied by luck will be more promising victory for us to earn. but I am sure if we are able to analyze well any ongoing gambling we can certainly win many turns of every gamble. very high expectations to be able to live from gambling

[Oilacris]

I'm curious why people are still believing in martingale? It is one of the surest way to lose your coins at the end of the day. It may work in theory with no limits on max bets, but this is never the case in real life in real casinos because otherwise a big whale could easily ruin them by always adding to his next bet. But if there is a max bet amount in place, with each losing roll the casino's bankroll will be growing while yours shrinking. And the longer you play, the sooner the house edge will kick in.

Theory is nothing but what is we are experiencing in real life. In my opinion there could be no possibility of continuous losing streak anywhere to happen. If we are using martingale strategy in real life then you could definitely crack profits but unfortunately most of the gambling houses are not allowing you to escape that is the reason you are facing continuous long losing streaks.

The gambler's way could be anything and it may consist of any different strategies too still it could be followed all the times only when those strategies collectively giving more profits than losses. Martingale must be one of them it will cover losses in one single bet.

Sorry for my possible ignorance here, I'm not a mathematician or statistician, for the record, but do you mean that there are strategies or group of strategies that would allow you to beat the house? As I got it from my own small experience and from what others say, even what casino owners themselves say, in the end it all comes down to pure luck versus house edge.

To say it differently, it is impossible to win unless you have luck by your side, and so no strategy can really help you there. Am I wrong?

Correct gambling is pure luck based and math cant helps you to beat the casino, no one can beat the house because they have huge amount of capital and other says that their site has a script to limit the amount of profit every account for users that is why if you already reach that you can not get anymore profit from the casino.

Limitations of those casinos/gambling sites is always there since these things are businesses which owners would be normally setting those precautionary measures to avoid bankruptcy or too much loss profits on their business and there might be some lucky days that you can make negative on the house but not all the times because on all of the gamblers who do play on a certain day those loses can easily be patch up and this is why gambling is a profitable business.

[crwth]

Technically you can defeat the gambling site as for example look at some dice games where you can adjust the rate of percentage on how you can win. By adjusting it you can either increase or decrease your chances of winning but by doing so you are also changing how much you will win. But at the end you will still see that even if you have a high percentage of winning you can still lose as it is still based on luck. Luck is the one needed in order for you to win games and without it you will be losing a lot of money.

strategy that is accompanied by luck will be more promising victory for us to earn. but I am sure if we are able to analyze well any ongoing gambling we can certainly win many turns of every gamble. very high expectations to be able to live from gambling

I agree with you especially with the strategy that you are willing to do because it will definitely increase your chances in winning and with luck that's definitely going to be a win.. definitely it won't be a sure thing but still you have done something that could be worth. I think you shouldn't accept that you don't know what to do You should research and do your own thing.

[J Gambler]

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?

No matter what way we choose the house will always win. They have their own random program with rigged slots designed to give you the lowest possible odds. They try to give you some fair chance at first to get you hooked and them slowly you’ll realize that what you have is getting lower and lower and the house’s stocks go higher and higher and its too late to go back

[BlockEye]

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?

No matter what way we choose the house will always win. They have their own random program with rigged slots designed to give you the lowest possible odds. They try to give you some fair chance at first to get you hooked and them slowly you’ll realize that what you have is getting lower and lower and the house’s stocks go higher and higher and its too late to go back

That's why don't let too hooked in gambling, playing regularly will not always lead to a good catch, play when you feel luck is with you or when it seems you're missing playing it, playing it regularly somehow changes the game flow. So just feel the thrill and enjoys it as much as possible. I usually play at night when I feel too exhausted in my work. It magically help me to relieve stress especially when I hit some jackpot on slot. 

[goaldigger]

Are you refering to the movie 21 , where every card signifies numbers, or stat maybe, should be memorized and hack the game. Maybe it will applicable also to online gaming where series of codes were made and can be hacked also. Gambling is a pure luck and i think you dont need to cheat just to win. The fun will be lost in that way.

[carlisle1]

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?

indeed gambling relies on luck,and no one can win without luck unless you cheat.the essence of gambling is to make fun,thats why the ratio of win and loss are two different..if you dont want to lose dont gamble,

Are you refering to the movie 21 , where every card signifies numbers, or stat maybe, should be memorized and hack the game. Maybe it will applicable also to online gaming where series of codes were made and can be hacked also. Gambling is a pure luck and i think you dont need to cheat just to win. The fun will be lost in that way.

if this really true,since this movie becomes popular i think all of the experienced gambler will make this as reference to break the table and take all the bankers money

[Dontme]

Are you refering to the movie 21 , where every card signifies numbers, or stat maybe, should be memorized and hack the game. Maybe it will applicable also to online gaming where series of codes were made and can be hacked also. Gambling is a pure luck and i think you dont need to cheat just to win. The fun will be lost in that way.

Well in my own opinion hacking the game is only in the movie if there will be a so called hacker in that game well he use his mind there he use math right? he use his skills, he use his knowledge about gambling so it is not hack but it is skills. I believe that luck really exist when one person is winning the game. Because even though we already know what we do and we have already knowledge about it if the card is really disaster you will going to lose the game.

[Lionidas]

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.

I have had many of those not my day moments in the past.
But I do believe if you keep at it and have a "cut off" point you set up before you start your marathon as most people have put inorder to actually win something at the end of your run, you will eventually walk away a winner.

It just takes being consistent and sticking to your original plan you set up for yourself to strive for and not to deviate from it for anything such as being on a "winning streak". Because those always run out of juice at the exact wrong time when you are about to reach that goal you setup in the first place.

[gabmen]

Are you refering to the movie 21 , where every card signifies numbers, or stat maybe, should be memorized and hack the game. Maybe it will applicable also to online gaming where series of codes were made and can be hacked also. Gambling is a pure luck and i think you dont need to cheat just to win. The fun will be lost in that way.

Well in my own opinion hacking the game is only in the movie if there will be a so called hacker in that game well he use his mind there he use math right? he use his skills, he use his knowledge about gambling so it is not hack but it is skills. I believe that luck really exist when one person is winning the game. Because even though we already know what we do and we have already knowledge about it if the card is really disaster you will going to lose the game.

If it's done online, it can be hacked. There have been many online gambling sites that fell victim to hackers in the past.  And good luck decoding gambling sites as well. They know how to draw people in and suck their money. Sometimes i think some gambling sites deserved it when they get hacked.

[mostkey]

Technically you can defeat the gambling site as for example look at some dice games where you can adjust the rate of percentage on how you can win. By adjusting it you can either increase or decrease your chances of winning but by doing so you are also changing how much you will win. But at the end you will still see that even if you have a high percentage of winning you can still lose as it is still based on luck. Luck is the one needed in order for you to win games and without it you will be losing a lot of money.

strategy that is accompanied by luck will be more promising victory for us to earn. but I am sure if we are able to analyze well any ongoing gambling we can certainly win many turns of every gamble. very high expectations to be able to live from gambling

I agree with you especially with the strategy that you are willing to do because it will definitely increase your chances in winning and with luck that's definitely going to be a win.. definitely it won't be a sure thing but still you have done something that could be worth. I think you shouldn't accept that you don't know what to do You should research and do your own thing.

but we need to know pupa some obstacles that often occur when we are gambling. one of those emotions that always explode when we gamble. and that usually leads us to defeat. I really hope that bitcoin gambling can be the point where we start gambling very well and safely

[Scripture]

So you want to cheat and beat the house? Many hackers can even hack government sites so i think it is possible that different codes can beat the house. If you do this , it is not considered gambling but rather theft. Its fun to risk your money just by using your luck. Why just dont try that.