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Author Topic: do you engage in bitcoin gambling?  (Read 2950 times)
Mondy
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November 04, 2013, 08:59:03 AM
 #1

one of my friends made 2.25 BTC just by gambling. he was using just dice. im thinking of using peer bet. do you think i should do it?. i dont have that many btc to loose anyway. do you gamble?

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coastermonger
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November 04, 2013, 09:02:12 AM
 #2

Whenever you gamble my friend, eventually you'll lose.

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November 04, 2013, 09:08:06 AM
 #3

Sometimes i do, especially when I wanna donate to some favourite sites i try to make the most out of what i want to donate. If i fail i stick to the initial amount but if not it makes me look more generous Wink

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PRIMEDICE
The Premier Bitcoin Gambling Experience @PrimeDice
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jimmijames73
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November 04, 2013, 09:10:19 AM
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Only gamble what you can afford to lose.
Robin
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November 04, 2013, 09:19:33 AM
 #5

When I have a voucher somewhere, or where the withdrawal limit is high on a faucet and I don't want to climb up to the withdrawal limit, I go for the maximum variance strategy : a bet with a very low winning odd. Always better that keeping a low balance!

Apart from this case, that's all Cheesy

MoneyGod
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November 04, 2013, 10:17:42 AM
 #6

Only gamble what you can afford to lose.

yes if you can afford to lose then you can win and if you cannot afford to lose you can never win  Huh

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November 04, 2013, 11:08:18 AM
 #7

I'm not really a gambler and that's no different when it comes to bitcoins. I have spent some coin at a couple sites because I was curious to see how they worked though.

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November 04, 2013, 11:21:38 AM
 #8

I'm not really a gambler and that's no different when it comes to bitcoins. I have spent some coin at a couple sites because I was curious to see how they worked though.

Same here, I've only tested Just-dice once.
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November 04, 2013, 11:30:26 AM
 #9

Just dice is the best site if you want to gamble you just have to be responsible  Wink

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Robin
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November 04, 2013, 11:33:45 AM
 #10

It creates bad habits. Gambling faucets satoshis is ok, but once you start funding your account with real hard cash, think twice and be responsible.

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November 04, 2013, 11:43:08 AM
 #11

Whenever you gamble my friend, eventually you'll lose.
Yup. Gambled and lost 2.15 btc. Quit before you start!

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
bythesea
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November 04, 2013, 12:32:57 PM
 #12

I only gamble using market, and only amount I'm willing to lose.
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November 04, 2013, 01:25:48 PM
 #13

Yes, you can gamble using Dice.  Always fun, but as someone said, all of those sites will eventually get your money in the long run.  You either have to be lucky, or make some quick money and run.

I prefer gambling in Sports betting.  Yes, the house still takes an edge, but I find there is better opportunity to make more calculated decisions and win money.

Casino Gambling Guy
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November 04, 2013, 01:42:26 PM
 #14

With bitcoin gambling a whole new world has opened up to me, thank you yet again bitcoin!

The best way to say thank you:

BTC: 1Mfq5PUZpBVd7nhQ6aMa5SeKxeDKKDyr6B    eToken: eLJTb8KefyPhHNLpFDtQVhbs2hN2kGvBTD
alkaz
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November 04, 2013, 04:09:47 PM
 #15

i have tried primedice (PD), bitcoinlivebets, peerbet, sealswithclubs (SWC), and satoshicircle. never won anything tho, except for SWC, i won 3 times on the freerolls tourney  Grin

i say PD and SWC is the best atm, based on my experience
but remember, this is gambling, loosing to the house is a natural thing  Tongue

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November 04, 2013, 04:12:40 PM
 #16

Using BTC is enough of a gamble, lol. But seriously, I don't gamble simply because chances are I will lose. That is the essential fact to keep in mind. Why not invest your money in something that has better odds than a likely loss?

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November 04, 2013, 04:44:50 PM
 #17

Gambling is about knowing the odds and accepting the risk.



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BitBlitz
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November 04, 2013, 08:25:33 PM
 #18

Gambling is about knowing the odds and accepting the risk.
Or just think of it as a math tax. Grin

Does solo mining count as gambling?

I see the value of Bitcoin, so I don't worry about the price...
Nikinger
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November 04, 2013, 09:14:52 PM
 #19

one of my friends made 2.25 BTC just by gambling.
He was just lucky.

im thinking of using peer bet. do you think i should do it?
No. You should spend your BTC to a good cause instead of inflating the pockets of some rich peoples.

do you gamble?
No, unless I can figure out a miscalculation on side of the bank.

1EwKrY5Bn3T47r4tYqSv6mMQkUyu7hZckV
kokojie
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November 04, 2013, 10:14:11 PM
 #20

I won over 100 BTC on SatoshiDice, then I stopped. It was very risky though, I was using a martingale scheme, and I nearly lost 200 BTC on one of the round, though my luck came thru and my last 100 BTC bet was a win.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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