Long Term Algorithms - Customized DiceBot - Doge-Dice and Just-Dice

[Laboboy31]

i made a 20% profit in 30min with the new one, alot faster profit, but i guess more risk of losing fast too

That's the only problem. I will try to test more algos

[Kyraishi]

btw you can post your "export file" rather than writing settings or posting pic.

[Laboboy31]

btw you can post your "export file" rather than writing settings or posting pic.

Yeah. I forgot that feature. Right now, I will start posting files right now.

[Laboboy31]

I am just testing some more algos. I will be posting after a few hours.

Donate here: DAFJA19AQ4hq8GKF166vg8J3asuAyRshfF

[Laboboy31]

Here is the new algorithm that I tested:
https://www.dropbox.com/s/gzfgrp027ozu5t7/Algorithm1

Code:

SaveVersion|2
MinBet|12.5
Multiplier|11
Chance|90
MaxMultiply|25
NBets|3
Devider|0.95
MultiplierMode|2
ReverseEnabled|1
ReverseMode|2
ReverseOn|02
ResetBetLossEnabled|0
ResetBetLossValue|1
ResetBetWinsEnabled|1
ResetWinsValue|13
WinMultiplier|0.5
WinMaxMultiplies|10
WinNBets|3
WinDevider|0.95
WinMultiplyMode|0
StopAfterLoseStreakEnabled|0
StopAfterLoseStreakValue|1
StopAfterLoseStreakBtcEnabled|0
StopAfterLoseStreakBtcValue|0.0000001
StopAfterLoseBtcEnabled|0
StopAfterLoseBtcValue|0.0000001
ChangeAfterLoseStreakEnabled|0
ChangeAfterLoseStreakSize|0
ChangeAfterLoseStreakTo|0
StopAfterWinStreakEnabled|0
StopAfterWinStreakValue|1
StopAfterWinStreakBtcEnabled|0
StopAfterWinStreakBtcValue|0.0000001
StopAfterWinBtcEnabled|0
StopAfterWinBtcValue|0.0000001
ChangeAfterWinStreakEnabled|0
ChangeAfterWinStreakSize|6
ChangeAfterWinStreakTo|0.0001
ChangeChanceAfterLoseStreakEnabled|0
ChangeChanceAfterLoseStreakSize|01
ChangeChanceAfterLoseStreakValue|49
ChangeChanceAfterWinStreakEnabled|0
ChangeChanceAfterWinStreakSize|00
ChangeChanceAfterWinStreakValue|0

That setting would do these:

The bet will start at 12.5 Dogecoins and for every win, it will divide the bet into half to reduce the loss if the bot losses. If the bot losses a bet, the bot will multiply your bet by eleven (which would result equal to the loss + some profit). This method have a very high risk if you don't have a large amount of dogecoins but it is very profitable if you do. I would suggest around 2-4 million. Or you can adjust the decimal places. This method is high risk. Warning a high risk!

[Kyraishi]

So now this one is a 90% martinglale 11x?

[Laboboy31]

So now this one is a 90% martinglale 11x?

Yeah. It has a low probability of losing (Because the probability of getting a lose is alot lower than the 49% before) but it is still too risky to take. But you will earn alot from it.

[Kyraishi]

what do you think of this one based on your first one ?
https://mega.co.nz/#!44IykZAT!JgoMhEM_r-aNpkXleZXDyuBZob-_dsAxwWjkUTlLFfo

[b!z]

https://en.wikipedia.org/wiki/Gambler%27s_fallacy

[Laboboy31]

https://en.wikipedia.org/wiki/Gambler%27s_fallacy

I know this already.

[Laboboy31]

what do you think of this one based on your first one ?
https://mega.co.nz/#!44IykZAT!JgoMhEM_r-aNpkXleZXDyuBZob-_dsAxwWjkUTlLFfo

That would also be good.

[Kyraishi]

Sent you a small amount

[Laboboy31]

Thank you! I will test more algorithms that I formulated

[lindatess]

There is no "profitable betting algorithm" for playing a -ev game with a limited bankroll and a max win ceiling.  There are methods that will allow you to (probably) go for long periods of time before you lose your bankroll, but you are making several -ev bets in a row.  You can't magically make -ev bets +ev. 

Agree. This is the best post in this thread so far. Another good one is that Gamblers fallacy post.

[seuntjie]

Interesting Thread

[Laboboy31]

Interesting Thread

Thanks

[AnonymousTurker]

Am I missing something on the second algo? It runs fine til it tries to make some invalid bets such as .0001 at 90%?

[Laboboy31]

Am I missing something on the second algo? It runs fine til it tries to make some invalid bets such as .0001 at 90%?

Your bet is too low.

[omahapoker]

cool thread. how much are you up total?

[Laboboy31]

cool thread. how much are you up total?

Well, I only have some doges to use (Only have 3k). Well, because of this, I will not be able to post an algo today until tom.