Bitcoin Forum
June 22, 2024, 11:59:27 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: dont gamble at dice games  (Read 1495 times)
ur0pl (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
August 11, 2013, 06:29:13 AM
 #1

I played satoshi dice, prime dice, and coindice

each of those companies  have larger bankrolls than you do, so they can play as long as you can, but you most likely would play until you lose... otherwise you would think you are not capitalizing on your potential.

gambling at those games is a loser market.

It is better to trade ltc to btc to alt coin and back. that is a better way to make money -- trading coins.
Nutnut
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile WWW
August 11, 2013, 11:08:12 AM
 #2

Gambling with anything usually results in losses.  Wink

favdesu
Legendary
*
Offline Offline

Activity: 1764
Merit: 1000



View Profile WWW
August 11, 2013, 11:14:36 AM
 #3

indeed, you can only lose. however, I see some people actually make profit on http://just-dice.com

Cyberdyne
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500



View Profile
August 11, 2013, 11:16:11 AM
 #4

If anyone wants to ignore the OP, Bitcoin Dice has many dice games listed Wink
Lethn
Legendary
*
Offline Offline

Activity: 1540
Merit: 1000



View Profile WWW
August 11, 2013, 11:18:13 AM
 #5

indeed, you can only lose. however, I see some people actually make profit on http://just-dice.com

And that's how they get you Tongue making you think you have a chance of winning by showing off other peoples winnings without pointing out the odds to you. I admit, I've put in a fraction of a Bitcoin or two onto Bitmillions but that's about it, I know when to quit, gamblings okay if you do it for fun but if you genuinely believe you're going to make money off it you're fucked.
godkas
Member
**
Offline Offline

Activity: 64
Merit: 10


Beta Launch - First game available for play.


View Profile WWW
August 11, 2013, 12:39:12 PM
 #6

While a casino will not tell you NOT to gamble. Play responsibly and most importantly have fun Smiley

romsa9
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
August 11, 2013, 03:57:59 PM
 #7

I played satoshi dice, prime dice, and coindice

each of those companies  have larger bankrolls than you do, so they can play as long as you can, but you most likely would play until you lose... otherwise you would think you are not capitalizing on your potential.

gambling at those games is a loser market.

It is better to trade ltc to btc to alt coin and back. that is a better way to make money -- trading coins.

I was inspired by this same exact observation to make a pure-skill bitcoin gaming site (www.bitstrat.com). Gambling on chance games only ends in disappointment in the long-run.
jacktarli
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
August 11, 2013, 04:17:46 PM
 #8

You can make money on these games but very little. If you have ever played before you would have noticed that the game lets you win at the start but if you keep playing you will lose everything, that's how they make their money. The key is to win at the start and then withdraw your coins before you start loosing big. When you withdraw don't use the same account again because the chances are that you will lose all. Instead make a new one and do the same thing.

This still does not guarantee that everything will always go as planned but it usually does, at least for me  Wink
Birdy
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
August 11, 2013, 04:43:26 PM
 #9

I played satoshi dice, prime dice, and coindice

each of those companies  have larger bankrolls than you do, so they can play as long as you can, but you most likely would play until you lose... otherwise you would think you are not capitalizing on your potential.

gambling at those games is a loser market.

It is better to trade ltc to btc to alt coin and back. that is a better way to make money -- trading coins.

You are blaming gambling and then suggesting alt coin daytrading, which kinda is gambling.
What to think of this? I will leave it up to you dear reader Smiley .
BitGlory
Full Member
***
Offline Offline

Activity: 168
Merit: 100


DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO


View Profile
August 11, 2013, 05:02:42 PM
 #10

Remeber that the first rule of successful gambling is to not gamble at all, or at least, is to gamble the money you are willing and can afford to lose
I tried the first and I can assure that it works Wink

Mooshire
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250



View Profile
August 11, 2013, 05:48:44 PM
 #11

If anyone wants to ignore the OP, Bitcoin Dice has many dice games listed Wink


I lol'd

HollowIP
Sr. Member
****
Offline Offline

Activity: 518
Merit: 250


View Profile
August 11, 2013, 05:54:33 PM
 #12

"I can't gamble so you shouldn't either, instead do this other form of gambling."

I think most people that gamble are aware of the house edge and the idea that house always wins..overall.
However, let people do what they want to. It's their money and their lives. Perhaps someone doesn't like the idea of trading shady alt coins.

I don't care who you are, that's still a form of gambling, and i'm pretty damn sure that wagering 1btc for double profit and winning is a lot more profitable than trading alt coins.

To each their own.

BTC-  3FofPhtcESndpyLTJTJEnpShdHgbN82pAz
xanto
Member
**
Offline Offline

Activity: 216
Merit: 11



View Profile
August 11, 2013, 06:12:56 PM
 #13

Gambling is a recipe for disaster, I can confirm that after losing 16BTC on Just-Dice.
Noogsy
Full Member
***
Offline Offline

Activity: 190
Merit: 100



View Profile
August 11, 2013, 06:43:16 PM
 #14

I can totally agree with that.
Lost quite a few coins before i quit it.
 
Its like "I can't loose a 50% chance 5 times in a row... Ooh damn! Yes I can."
And the precious coins are gone.

---
Cheers
thy
Hero Member
*****
Offline Offline

Activity: 685
Merit: 500


View Profile
August 11, 2013, 07:23:18 PM
 #15

ur0pl, your advise is good of course to not gamble at dice sites(or any oher gambling sites at all for that matter). But if people want to gamble, a site with house edge of only 1% or so(like some dicegames have) is of course to prefer compared to landbased gamblin/casinos for example that might have houseedges of 5-10-20%.

conradoo
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
August 11, 2013, 08:23:22 PM
 #16

You can make money on these games but very little. If you have ever played before you would have noticed that the game lets you win at the start but if you keep playing you will lose everything, that's how they make their money. The key is to win at the start and then withdraw your coins before you start loosing big. When you withdraw don't use the same account again because the chances are that you will lose all. Instead make a new one and do the same thing.

This still does not guarantee that everything will always go as planned but it usually does, at least for me  Wink

Sorry dude but it is bullshit. You just had luck. This is not how it works. Casino has an edge - few % for each game. For example in roulette green 0 is casino's edge. When enough players gamble statistically a casino will always win (in a long run) because of edge/rake.
alp
Full Member
***
Offline Offline

Activity: 284
Merit: 101


View Profile
August 11, 2013, 08:37:42 PM
 #17

I played satoshi dice, prime dice, and coindice

each of those companies  have larger bankrolls than you do, so they can play as long as you can, but you most likely would play until you lose... otherwise you would think you are not capitalizing on your potential.

gambling at those games is a loser market.

It is better to trade ltc to btc to alt coin and back. that is a better way to make money -- trading coins.

HEY GAIS, DONT PLAY CRAPS, ITS FOR SUCKERS.  INSTEAD, PLAY ROULETTE!

I am looking for a good signature. Here could be your advertisement
ur0pl (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
August 12, 2013, 08:47:12 AM
 #18

Trading coins back and forth in exchanges is not gambling. Trading stocks is not gambling. Trading in forex is not gambling. People trade based on news/fundamentals or technicals/charts or both. They make informed decisions, not coin flip luck.
ElectricCoin
Newbie
*
Offline Offline

Activity: 7
Merit: 0



View Profile
August 12, 2013, 09:39:18 AM
 #19

Does anyone plays dice game anymore? You will definitely lose! Otherwise how could they profit?
faiza1990
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


★☆★777Coin★☆★


View Profile
August 12, 2013, 11:24:28 AM
 #20

I was inspired by this same exact observation to make a pure-skill bitcoin gaming site Gambling on chance games only ends in disappointment in the long-run.  I totally agree with this all its not a game just lost  Smiley

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!