About Dice Games and Yolodice . Best strategy??

[KTChampions]

Hello,

I was playing Yolodice today, and I was trying to figure out an strategy to have the maximum profit and lowest risk possible.

There are some things you can control in the game:

-Bet Amount
-Chance to win


I set the chance to 90% and the bet amount to 1/2 my stash. Then I started rolling. I made more than 100 rolls lol

I made a 200% profit in 5 minutes. However, I made 2 bad bets, and lost almost all. (Terrible experience)
Then I was able to recover my previous profit with the same strategy... and then made a few bad bets and lost almost all again.

I sent some more money to recover my lost profit. I am far from it now, but I was thinking about those 2 parameters we can set.

Do you think a 1/2 stash bet is too high? Maybe something like 1/4 or 1/5 is safer, but the reward is low as well. What do you think about chance? Should I keep it higher than 90, or try something lower?

The result will be the same, do not waste time (if you are doing this not for fun, but for the sake of winning).
I had a different experience and I chose even higher chances of winning - 99%. If I remember correctly, the bet was 100 satoshi, after the first defeat I increased the bet 100 times - 10,000 satoshi (to return the lost).It seems that the chance of losing both bets in a row is small, but on a large number of bets (I set the automatic game), the loss inevitably came.

[nakamura12]

Even that 10% chance of losing is still risky since you said that you bet half of your stash so if a certain bet or roll that you made and that bet is one of the bad bets in that 10% chance of losing then you'll lose that amount and your profit will decrease of course. 1/2 stash is still high in my opinion and it's much better if you bet 1/4 or 1/8 if your capital is high.

[reliable]

Even that 10% chance of losing is still risky since you said that you bet half of your stash so if a certain bet or roll that you made and that bet is one of the bad bets in that 10% chance of losing then you'll lose that amount and your profit will decrease of course. 1/2 stash is still high in my opinion and it's much better if you bet 1/4 or 1/8 if your capital is high.

It’s all luck in the end in dice games because say you are going to bet say just single with 90% chance to win and if lost that bet then how bad it could get then that. Also say betting on 10% chance to win and going to place single bet and if luck is good you win it and make money and go. Startegy here are every difficult to make and might not even work it seems.

[target]

90% and then roll under make you stay in the game for long time but losing just 1 or two can lose it all. The strategy isn't new, there are users who actaully wrote aout this type of strategy but it lloks like an experiment only.

Make it 97% to make worth. Losing one bet will lose all te coins you won. It may be worth checking the provably fair of the casino of that single loss bet this time.  

Common strategies on dice:

The Martingale Strategy
he Break-Even Martingale Strategy
The Inverse Martingale Strategy
The D’Alembert Strategy
The Paroli Strategy

Here are few but the most strat been used by majority is that Martingale strategy.Some say it works and majority been saying that it isnt specially if you do it
for lots of rolls.House edge will kill you and a long red losing streak will surely vanished you capital into thin air.Strategy that had been created is just
really making the game longer but doesnt really change the fact that all things vary on how lucky you are specially into this type of game.

I'm sure martingale works as long as you can sustain to double the huge bets until the losing streak breaks. I'm still going to wonder whether the casino will really cheat obviously through 20 - 30 losing bets. I will definitely announce it to the whole world that I lose successive 30 bets in dice to this casino. Had this happen before?

I'd stay away from that casino if someone lose consequtive 30 rolls on it.

[bitbunnny]

Even that 10% chance of losing is still risky since you said that you bet half of your stash so if a certain bet or roll that you made and that bet is one of the bad bets in that 10% chance of losing then you'll lose that amount and your profit will decrease of course. 1/2 stash is still high in my opinion and it's much better if you bet 1/4 or 1/8 if your capital is high.

Some people just like to bet with high risk. I agree that 10% is still rather high but for some it's acceptable. Some think if they risk big they might win big, so estimstion is individual and for some high risk makes more adrenaline and more satisfaction in playing.

[2double0]

90% means if you bet $1, you will get $1.1 if you win, right?
That 10% is still a risk if the dice rolls the other end where you don't expect it to roll. I know about small profits with big rolls but if they are going to give profits only, these sites will go bankrupt and so, at least one or two bad rolls come in surely. Putting half of your stash on each bet is too risky, and if you are a high roller on a site, you should not do more than 10% of your entire stash to save yourself from losing everything.

[Bezobraznike]

Even that 10% chance of losing is still risky since you said that you bet half of your stash so if a certain bet or roll that you made and that bet is one of the bad bets in that 10% chance of losing then you'll lose that amount and your profit will decrease of course. 1/2 stash is still high in my opinion and it's much better if you bet 1/4 or 1/8 if your capital is high.

Some people just like to bet with high risk. I agree that 10% is still rather high but for some it's acceptable. Some think if they risk big they might win big, so estimstion is individual and for some high risk makes more adrenaline and more satisfaction in playing.

   Bitbunny you are right, it all depends on individuals! While some people are willing to accept some level of risk, others are not.
Level of risk can be different, and different people will act differently. In this specific case I would not be comfortable risking
1/2 of my bankroll on any risk level! I would choose much less bet, on any odd! It means I would try x1.1 or x11, but I would
adjust my bet to my bankroll! Gambling is not all about luck, there's some strategy as well!

[Lanatsa]

Even that 10% chance of losing is still risky since you said that you bet half of your stash so if a certain bet or roll that you made and that bet is one of the bad bets in that 10% chance of losing then you'll lose that amount and your profit will decrease of course. 1/2 stash is still high in my opinion and it's much better if you bet 1/4 or 1/8 if your capital is high.

Some people just like to bet with high risk. I agree that 10% is still rather high but for some it's acceptable. Some think if they risk big they might win big, so estimstion is individual and for some high risk makes more adrenaline and more satisfaction in playing.

   Bitbunny you are right, it all depends on individuals! While some people are willing to accept some level of risk, others are not.
Level of risk can be different, and different people will act differently. In this specific case I would not be comfortable risking
1/2 of my bankroll on any risk level! I would choose much less bet, on any odd! It means I would try x1.1 or x11, but I would
adjust my bet to my bankroll! Gambling is not all about luck, there's some strategy as well!

If you do want to prolong your game and want to enjoy for a bit then these strategies would really make it more longer since you are trying out your best to bet as minimal as possible.

We can really say that theres no holy grail when it comes to gambling but there are instances that using up some strategies can really make up a hit.

It might not be working forever but if your luck would accompanied such gameplay on a specific time then you would really had the possibility.

[shield132]

Hello,

I was playing Yolodice today, and I was trying to figure out an strategy to have the maximum profit and lowest risk possible.

There are some things you can control in the game:

-Bet Amount
-Chance to win


I set the chance to 90% and the bet amount to 1/2 my stash. Then I started rolling. I made more than 100 rolls lol

I made a 200% profit in 5 minutes. However, I made 2 bad bets, and lost almost all. (Terrible experience)
Then I was able to recover my previous profit with the same strategy... and then made a few bad bets and lost almost all again.

I sent some more money to recover my lost profit. I am far from it now, but I was thinking about those 2 parameters we can set.

Do you think a 1/2 stash bet is too high? Maybe something like 1/4 or 1/5 is safer, but the reward is low as well. What do you think about chance? Should I keep it higher than 90, or try something lower?

The result will be the same, do not waste time (if you are doing this not for fun, but for the sake of winning).
I had a different experience and I chose even higher chances of winning - 99%. If I remember correctly, the bet was 100 satoshi, after the first defeat I increased the bet 100 times - 10,000 satoshi (to return the lost).It seems that the chance of losing both bets in a row is small, but on a large number of bets (I set the automatic game), the loss inevitably came.

The most curios thing is that people always say: I bet with 99% chance of win and still lose once, twice or more in dice. What about to use 1% win of chance and bet this way? Less loss but chance of higher win if you increase bet on for example on every 30th bet.

Btw house edge is 1%, the max that you can do is to gain 49.5% chance of win but consider that casino has 50.5% chance. You can't beat numbers in math, 1+1=2. So on long term, your chances to win even decreases, it doesn't rise. As simple as it is.

[AmoreJaz]

Even that 10% chance of losing is still risky since you said that you bet half of your stash so if a certain bet or roll that you made and that bet is one of the bad bets in that 10% chance of losing then you'll lose that amount and your profit will decrease of course. 1/2 stash is still high in my opinion and it's much better if you bet 1/4 or 1/8 if your capital is high.

Some people just like to bet with high risk. I agree that 10% is still rather high but for some it's acceptable. Some think if they risk big they might win big, so estimstion is individual and for some high risk makes more adrenaline and more satisfaction in playing.

   Bitbunny you are right, it all depends on individuals! While some people are willing to accept some level of risk, others are not.
Level of risk can be different, and different people will act differently. In this specific case I would not be comfortable risking
1/2 of my bankroll on any risk level! I would choose much less bet, on any odd! It means I would try x1.1 or x11, but I would
adjust my bet to my bankroll! Gambling is not all about luck, there's some strategy as well!

If you do want to prolong your game and want to enjoy for a bit then these strategies would really make it more longer since you are trying out your best to bet as minimal as possible.

We can really say that theres no holy grail when it comes to gambling but there are instances that using up some strategies can really make up a hit.

It might not be working forever but if your luck would accompanied such gameplay on a specific time then you would really had the possibility.

these games are based on luck, so whatever strategy you deem will give you the best returns, you still have no assurance that you will get what you are expecting from it!
 integrate the house edge, and your "calculations' will be off. so i suggest, with this type of game, just enjoy yourself playing because there's no mathematical equation that will resolve your winnings here. it may prolong your game but still this is based on luck so you cant escape your fate here. there are several strategies in dice games but it only works for certain period, not all the time you can rely on it. lets just admit to ourselves that we are in gambling here!

[BitcoinPanther]

90% means if you bet $1, you will get $1.1 if you win, right?
That 10% is still a risk if the dice rolls the other end where you don't expect it to roll. I know about small profits with big rolls but if they are going to give profits only, these sites will go bankrupt and so, at least one or two bad rolls come in surely. Putting half of your stash on each bet is too risky, and if you are a high roller on a site, you should not do more than 10% of your entire stash to save yourself from losing everything.

Indeed that 10% risk is still huge.  I have observed it several times.  Even with 98% win chance, you can never beat the casino because one need to win 50+ times to double the wagered amount and just need a single loss to bust it.  At the end, player still at the losing end because it is very seldom to have a 50+ winning streak.

As of the strategy, it should adapt on the situation.  A player cannot rely on a single strategy because sooner or later it lose its effectiveness.

[GreatArkansas]

90% means if you bet $1, you will get $1.1 if you win, right?
That 10% is still a risk if the dice rolls the other end where you don't expect it to roll. I know about small profits with big rolls but if they are going to give profits only, these sites will go bankrupt and so, at least one or two bad rolls come in surely. Putting half of your stash on each bet is too risky, and if you are a high roller on a site, you should not do more than 10% of your entire stash to save yourself from losing everything.

Indeed that 10% risk is still huge.  I have observed it several times.  Even with 98% win chance, you can never beat the casino because one need to win 50+ times to double the wagered amount and just need a single loss to bust it.  At the end, player still at the losing end because it is very seldom to have a 50+ winning streak.
(....)

If this strategy will be used. It's kinda the more you roll, the more risk you have or the more loss will you encounter.
There are also some gamblers who using martingale or custom martingale or reverse martingale, and some of them are using that strategy but their wage is different, like if they reach particular X wins or loss, some of their wager change or will reset.
But, risk is still there and you still can't guarantee you will earn a huge profits here.

[Astvile]

Do you think a 1/2 stash bet is too high? Maybe something like 1/4 or 1/5 is safer, but the reward is low as well. What do you think about chance? Should I keep it higher than 90, or try something lower?

It is indeed too high. Risking your money in a very low return and high risk of losing your money isn't advisable at all. 10% can really screw your entire balance in just 2 bets. You better be playing at slightly higher multiplier like 1.4/1.5x. Lower your chance of winning at at least 70-60% and set a goal for a session don't get greedy. Playing with 90% odds is risky trust me, 2 lose bets and your balance is gone if you're playing in small budget.

[michellee]

these games are based on luck, so whatever strategy you deem will give you the best returns, you still have no assurance that you will get what you are expecting from it!
 integrate the house edge, and your "calculations' will be off. so i suggest, with this type of game, just enjoy yourself playing because there's no mathematical equation that will resolve your winnings here. it may prolong your game but still this is based on luck so you cant escape your fate here. there are several strategies in dice games but it only works for certain period, not all the time you can rely on it. lets just admit to ourselves that we are in gambling here!

If the games are based on luck, I think he can still use a different strategy to see how big your chance to win. And if you see that the chance is not too small, then I think you can have time to win the games. But to be honest, when it's about gambling games based on luck, we will difficult to win many times because luck will not always be beside us. As long as you know when you must stop playing on those games, I think you can get your win money and minimize your losses.

[leea-1334]

I am amazed you made 100 rolls at 90% but should you not be making 500% or more profit if you never busted in that time? I mean, you actually got really really lucky with variance,,, so you should have cut it off at that time;)

Of course it is a crazy strategy and you should go lower to last longer,,, but hey, end of the day everything works out to be the same with odds. I know someone who just deposits and does x100 in one shot. For me it is silly but it is his money:)

[CryptocurencyKing]

From all I can gather from OP and my knowledge of the game, it remains a game of luck as seen in the inconsistency in your method which is evident in it ending in a loss.
It might have been a technique or strategy if, on a scale of 1-10, the probability remained in the range of 7-10.
With that much rolls (#100) and still the ups and downs persist with the downs winning... It's a no!

[Pamadar]

Even that 10% chance of losing is still risky since you said that you bet half of your stash so if a certain bet or roll that you made and that bet is one of the bad bets in that 10% chance of losing then you'll lose that amount and your profit will decrease of course. 1/2 stash is still high in my opinion and it's much better if you bet 1/4 or 1/8 if your capital is high.

Some people just like to bet with high risk. I agree that 10% is still rather high but for some it's acceptable. Some think if they risk big they might win big, so estimstion is individual and for some high risk makes more adrenaline and more satisfaction in playing.

   Bitbunny you are right, it all depends on individuals! While some people are willing to accept some level of risk, others are not.
Level of risk can be different, and different people will act differently. In this specific case I would not be comfortable risking
1/2 of my bankroll on any risk level! I would choose much less bet, on any odd! It means I would try x1.1 or x11, but I would
adjust my bet to my bankroll! Gambling is not all about luck, there's some strategy as well!

Bankroll management is very important whenever you are dealing with luck based gambling. With how op deal with it placing 50% of his entire bankroll, if he continously wins then quit he may have a decent earnings, like when he already hits 200% of his bankroll earnings that supposed to be the sign that he should take his rest and enjoy 😊.

Even how you design your strategy, if you don't know how to control yourself the chance of winning is slim.

[KTChampions]

The result will be the same, do not waste time (if you are doing this not for fun, but for the sake of winning).
I had a different experience and I chose even higher chances of winning - 99%. If I remember correctly, the bet was 100 satoshi, after the first defeat I increased the bet 100 times - 10,000 satoshi (to return the lost).It seems that the chance of losing both bets in a row is small, but on a large number of bets (I set the automatic game), the loss inevitably came.

The most curios thing is that people always say: I bet with 99% chance of win and still lose once, twice or more in dice. What about to use 1% win of chance and bet this way? Less loss but chance of higher win if you increase bet on for example on every 30th bet.
~

I've tried such strategies as well. In this case, the deposit is reduced according to a different algorithm, we can say that we see an endless sequence of steps: first a large group of steps down (we are talking about the amount of money on the deposit), then one big up, then again a large group of steps down, then one big up, etc. On average, the sum "height" of groups of small steps is slightly higher than the height of the step up, so the deposit gradually touches zero.

[imstillthebest]

The most curios thing is that people always say: I bet with 99% chance of win and still lose once, twice or more in dice. What about to use 1% win of chance and bet this way? Less loss but chance of higher win if you increase bet on for example on every 30th bet.
~

theres nothing to be curious if we always see that occur  to ours to other people  . 99 percent win is not a 100 percent win , theres that 1 percent chance that you will loose but 1 percent is verry small . they can be verry lucky in a way that they loose too often  .

 using 1 percent chance is more worst because the chance of you winning is verry tiny but if you got lucky you can win in a few rolls and you can win huge too for a small bet due to the high odds

[Shasha80]

I have a different strategy than most people, if we play games based on luck like dice. I always switch strategies after a few bets,
because my opinion that the luck of each strategy is different. It may sound silly, but for me is working. Because based on my experience
playing Dice games if you use the same strategy for a long time, will cause a long streak loss.