Bitcoin Forum
May 21, 2024, 11:32:44 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 6 7 »  All
  Print  
Author Topic: the odds of winning the casino  (Read 15989 times)
Perchlorate
Jr. Member
*
Offline Offline

Activity: 151
Merit: 2

- ethercrash.io -


View Profile WWW
February 24, 2019, 12:23:12 PM
 #21

Ethercrash.io actually offers a house edge between 0 and 1%.
Here is a small explanation of how the bonus system works and how you can overcome the house edge with it: https://pastebin.com/tjxhVcHf
Here is our official bitcointalk thread in case any of you is interested in knowing more about us: https://bitcointalk.org/index.php?topic=5054374.0

here is a graph of what the house expected return looks like for every multiplier



Here is our odds calculator: https://www.ethercrash.io/calculator
kryptqnick
Legendary
*
Offline Offline

Activity: 3108
Merit: 1389


Join the world-leading crypto sportsbook NOW!


View Profile
February 24, 2019, 03:56:09 PM
 #22

I agree that one gotta know the odds, but that is not the only thing to consider. When the odds are around 50/50 (1% house edge is not that important), it does not mean that you will lose the same amount of times that you win. It means that every time there is an almost equal chance that you'll lose or win. But human emotions come into the game, and when you won, you keep playing until you lose, you keep increasing the bet. The odds are important, but even if you play with, say, 80% probability of winning (you can do that on dice websites, for instance), you are still likely to lose in the long run because of relying on low risks, betting too much and continuing to bet, because there's a high probability of winning. So I agree with people who say that gambling should be considered entertainment, not a way to earn money.

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
Oceat
Sr. Member
****
Offline Offline

Activity: 2506
Merit: 368


View Profile
February 24, 2019, 04:45:05 PM
 #23

Wherever, whenever, whatever gambling games you play the winning chance are. all the same. The purpose of having your own gambling sites is to earn money that is why some countries doesn't legalize gambling games. Winning in gambling is all about luck

Your comment makes no sense, games have very different odds and the best ones have a house edge lower than 1%.  It is very helpful to have a basic understanding of math and probability before going into gambling.
This guy doesn't consider the skills of a true player and all about he care is just the luck. Probably this guy didn't play any gambling games for once in his lifetime or too afraid to deal with people in a casino. A pro gambler knows how to spot a weakness and use it to his own advantage to make a profit and that's what we call a skill.

3996
gantez
Full Member
***
Offline Offline

Activity: 1736
Merit: 121


View Profile
February 24, 2019, 05:02:33 PM
 #24

I really think that Sports Betting can be profitable as well even though the risk is still there, The Odds of winning is high,

How is the odd of winning in sports betting high?

I mean, every sports betting has the possibility of not winning. Sometimes, greenhorns cause upset and you will be shocked and never sleep that day. I don't believe in your assertion friend.

As far as it is a game, the chances are fivety / fivety, even the coaches know this. Remember, injury can cause a favourable team to lose.
wwzsocki
Legendary
*
Offline Offline

Activity: 2758
Merit: 1708


First 100% Liquid Stablecoin Backed by Gold


View Profile WWW
February 24, 2019, 05:03:13 PM
 #25

it is very important that you take chances of winning and profit into consideration  once you decide to try your luck.
the other major factor that should be taken care of in the process of choosing the ideal casino in which you will play is the limit of the house .
for example when the currency is tossed into the air you know in advance that the chances of winning or losing are completely fixed at 1:2 or 50%-50%.
the same rules have been applied to gambling games .
in the online casino on the assumption that the roulette wheel has a 37_38 slot and that the standard playing standard for the card games package is 52 cards and that the dice has 6 faces .
in the case of US roulette the home limit is 5.6 which means that for every 100-unit  bet;5.6
blackjack is considered one of the best options ,offering the game with a home edge of only 0.80%.
the edge of the house in some other gambling games in the online casino sites:
baccarat1.17%
bikarat 1.63%
game joe poker 2.5%
by taking the numbers and ratios mentioned above ,we recommend focusing on playing craps ,blackjack and then the game of parkras.
if you are interested in playing a profitable game.

players who merge into the account of all options are quickly tired



Sorry to say but there is no profitable way to play in the casino in a fair way.

The only possibility to win in the long run is when you cheat in some way. counting cards, systems, playing in a team I don't know never did it by myself only played in casino multiple times and never won in the long run.

Tried all system available and never had luck so please reconsider your tactics.

bitcoinisbest
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 557


View Profile
February 24, 2019, 05:41:45 PM
 #26

Winning game against the house in gambling is the most difficult things in gambling because you cannot depends on your own research or calculation since so many people must have done same calculation and research for the same purpose that brought both of you into gambling.
You can not beat math in casinos. Better not to disturb our brain in calculations and play for fun only.

This is the best thing that anyone can do is just to play for fun and entertainment as they will have a memorable time without thinking much that they have lost etc and moment they play for money everything else will go for toss other than just need to win.
veleten
Legendary
*
Offline Offline

Activity: 2030
Merit: 1106



View Profile
February 24, 2019, 06:03:35 PM
 #27

you can beat casino , but math is not on your side
the longer you play , the more chances you have to lose
it is imperative to pick the games with the lowest house edge (HE) possible
blackjack offers the lowest HE among your regular casino games, can get as low as 0.2%
I gamble with 1% HE  maximum, never playing a game that is  1% HE, it makes no sense

          ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
.WINDICE.████
██
██
██
██
██
██
██
██
██
██
██
██
████
      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀

██
██
██
██
██
██
██
██
██
██
██
██
     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀

██
██
██
██
██
██
██
██
██
██
██
██
                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████


▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
iePlay NoweiI
I
I
I
[/t
freedomgo
Legendary
*
Online Online

Activity: 3108
Merit: 1146



View Profile
February 25, 2019, 05:00:46 AM
 #28

A good site would make you aware about the house edge in every game they offer.
I am gambling in one of the casinos in crypto and I would like to show you that they are very transparent on the house edge, it's very visible
and every gambler would know that prior to gambling. Check the photo below.


▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Supercrypt
Legendary
*
Offline Offline

Activity: 1554
Merit: 1054



View Profile
February 25, 2019, 07:16:25 PM
 #29

The odds of winning depends on the house edge but also depends on the max bet as well and what you consider "winning the casino" is. If you want to win 5 bitcoins and already have 5 bitcoins you can just go to a dice game and gamble there on %50 and hope that you win and that would be the end of it, you would get out with 5 bitcoins, beating the casino and 5 bitcoins richer.

Moreover, if you mean beating the casino in a longer more conman type way there is mathematically no way you can do that. Luck needs to be on your side for a loooong time and you need to know when to get out. There is no way you keep on winning all the time, there will be some losses no matter what you do because that is the way games are designed. Do not focus on the profits or losses tough because gambling suppose to be fun not profitable. If you have fun more than you spent than you are winning.
omonuyak
Sr. Member
****
Offline Offline

Activity: 882
Merit: 269



View Profile
February 26, 2019, 05:27:44 PM
 #30

Winning game against the house in gambling is the most difficult things in gambling because you cannot depends on your own research or calculation since so many people must have done same calculation and research for the same purpose that brought both of you into gambling.
You can not beat math in casinos. Better not to disturb our brain in calculations and play for fun only.

This is the best thing that anyone can do is just to play for fun and entertainment as they will have a memorable time without thinking much that they have lost etc and moment they play for money everything else will go for toss other than just need to win.

Many people do not really understand this that gambling is to be playing for fun of it and not as a means of livelihood as many of the gamblers think it to be.  The gambling  industry is going to great and what you invest is what put funds in your pocket.
Caladonian
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 540


View Profile
February 26, 2019, 07:08:46 PM
 #31

Winning game against the house in gambling is the most difficult things in gambling because you cannot depends on your own research or calculation since so many people must have done same calculation and research for the same purpose that brought both of you into gambling.
You can not beat math in casinos. Better not to disturb our brain in calculations and play for fun only.

This is the best thing that anyone can do is just to play for fun and entertainment as they will have a memorable time without thinking much that they have lost etc and moment they play for money everything else will go for toss other than just need to win.

Many people do not really understand this that gambling is to be playing for fun of it and not as a means of livelihood as many of the gamblers think it to be.  The gambling  industry is going to great and what you invest is what put funds in your pocket.
There's nothing else but enjoyment unless you are willing to suffer your savings, there's some who can manage to win more than they lose
as they have the skills and the right mindset to overcome emotions and take the high risk knowing the good rewards behind.

But all in all, gambling is a game of luck and nothing can change that.
XZERO1
Member
**
Offline Offline

Activity: 504
Merit: 33


View Profile
February 26, 2019, 07:26:45 PM
 #32

Winning game against the house in gambling is the most difficult things in gambling because you cannot depends on your own research or calculation since so many people must have done same calculation and research for the same purpose that brought both of you into gambling.
You can not beat math in casinos. Better not to disturb our brain in calculations and play for fun only.

This is the best thing that anyone can do is just to play for fun and entertainment as they will have a memorable time without thinking much that they have lost etc and moment they play for money everything else will go for toss other than just need to win.

Many people do not really understand this that gambling is to be playing for fun of it and not as a means of livelihood as many of the gamblers think it to be.  The gambling  industry is going to great and what you invest is what put funds in your pocket.

That's exactly the mindset that every single fellow gambler should have, in no way you risk more than you're willing to lose, you're gambling because it gives you adrenaline rush and it feels good and that's it, You don't/can't live on it...
shoreno
Full Member
***
Offline Offline

Activity: 1750
Merit: 118


View Profile
February 27, 2019, 02:54:25 AM
 #33

Winning game against the house in gambling is the most difficult things in gambling because you cannot depends on your own research or calculation since so many people must have done same calculation and research for the same purpose that brought both of you into gambling.
You can not beat math in casinos. Better not to disturb our brain in calculations and play for fun only.

This is the best thing that anyone can do is just to play for fun and entertainment as they will have a memorable time without thinking much that they have lost etc and moment they play for money everything else will go for toss other than just need to win.

Many people do not really understand this that gambling is to be playing for fun of it and not as a means of livelihood as many of the gamblers think it to be.  The gambling  industry is going to great and what you invest is what put funds in your pocket.

That's exactly the mindset that every single fellow gambler should have, in no way you risk more than you're willing to lose, you're gambling because it gives you adrenaline rush and it feels good and that's it, You don't/can't live on it...

My wife only gamble because he feels that gambling relieves her stress and tiredness from doing daily house chores  . i believe on it and i support her decision to play  . there's no problem if all the people and gamblers play this way but sadly its not  . most of them still play because they are aiming for the possible profit that they can get  . they think they  can easily double up their money but thier expectations failed them  .
Questat
Hero Member
*****
Offline Offline

Activity: 2842
Merit: 604



View Profile
February 27, 2019, 04:34:42 AM
 #34

My wife only gamble because he feels that gambling relieves her stress and tiredness from doing daily house chores  . i believe on it and i support her decision to play  .
Good husband, your wife is into entertainment and gambling is really entertaining and I guess he is not anymore focus on the odds of winning.
Those who are into full entertainment just rely on their luck, regardless of the odds of the game.

there's no problem if all the people and gamblers play this way but sadly its not  . most of them still play because they are aiming for the possible profit that they can get  . they think they  can easily double up their money but thier expectations failed them  .
Most of them, no doubt about it, that's why we have more losers compared to winners, and that is why casinos are so profitable.

goaldigger
Sr. Member
****
Offline Offline

Activity: 2366
Merit: 356



View Profile
February 27, 2019, 04:44:15 AM
 #35

Higher risks have higher prices also and its in the decretion of the gambler whether what game does he wanted to play. If he wanted that 50:50 ratio like tossed coin, then the winning price is obviously low that he should be gambling more. While on the other hand,if he won that higher risk, he can go home already.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?█▀▀▀











█▄▄▄
.
PLAY NOW
▀▀▀█











▄▄▄█
NavI_027
Full Member
***
Offline Offline

Activity: 1232
Merit: 186


View Profile
February 27, 2019, 05:11:03 AM
 #36

<snip>

Your comment makes no sense, games have very different odds and the best ones have a house edge lower than 1%.  It is very helpful to have a basic understanding of math and probability before going into gambling.
Chill bro Grin. Anyway, I agree to you that you should have at least a basic knowledge about the math behind every gambling games because that helps a lot. You can put these things into your consideration which helps you to decide whether it is right to engage or not.

For example, Slot machines, roulettes and dices offers you a small chance of winning due to wide variety of choices. If you will do some permutatations, there are 216 possible outcomes assuming that there are four dices (6^4) rolled in the table. Imagine that?
imstillthebest
Full Member
***
Offline Offline

Activity: 1638
Merit: 122


View Profile
February 27, 2019, 05:41:49 AM
 #37

<snip>

Your comment makes no sense, games have very different odds and the best ones have a house edge lower than 1%.  It is very helpful to have a basic understanding of math and probability before going into gambling.
Chill bro Grin. Anyway, I agree to you that you should have at least a basic knowledge about the math behind every gambling games because that helps a lot. You can put these things into your consideration which helps you to decide whether it is right to engage or not.

For example, Slot machines, roulettes and dices offers you a small chance of winning due to wide variety of choices. If you will do some permutatations, there are 216 possible outcomes assuming that there are four dices (6^4) rolled in the table. Imagine that?

no . we dont need to be a mathematician before we engage on gambling because you can still win even if you are not knowledgeable enough  . most gamblers that i know are only regular people but they sometimes won and sometimes they go home busted   . see ? gambling is all about luck  .  odds of winning the casino is no difference than odds on other types of gambling games but i see that alot of people prefer playing casino based games  .
BTCevo
Legendary
*
Offline Offline

Activity: 1834
Merit: 1008


View Profile
February 27, 2019, 08:18:28 AM
 #38

Winning game against the house in gambling is the most difficult things in gambling because you cannot depends on your own research or calculation since so many people must have done same calculation and research for the same purpose that brought both of you into gambling.
You can not beat math in casinos. Better not to disturb our brain in calculations and play for fun only.

This is the best thing that anyone can do is just to play for fun and entertainment as they will have a memorable time without thinking much that they have lost etc and moment they play for money everything else will go for toss other than just need to win.

Many people do not really understand this that gambling is to be playing for fun of it and not as a means of livelihood as many of the gamblers think it to be.  The gambling  industry is going to great and what you invest is what put funds in your pocket.

Many people understand of that risk and they want to overcome it by keep on playing and risk their luck to get what we called profit but because of the house edge and their greediness they are losing faster than they know. But it does not mean you are going to keep pn losing by challenging theor odds. With some luck, you will hit something, it just matter of time
Shinpako09
Legendary
*
Offline Offline

Activity: 2002
Merit: 1015


Leading Crypto Sports Betting & Casino Platform


View Profile
February 27, 2019, 09:37:56 AM
 #39

What's up with this calculation thing? You don't need to be a mathematician to win in a game like dice. All you need is luck to won in this kind of game. It's not about how good you are in math. What matter is luck and right timing. If it's your lucky session then you got it, as simple as that.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
micher143
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500


View Profile
March 03, 2019, 01:23:08 AM
 #40

Mathematics,calculations or any formulas are not that helpful when we talk about gambling.Of course this depends on each game but in general you cannot trick and win against the house. You think you are the only one who did this research before and came up with the same idea?No, of course. Dozens of people have tried to beat casinos by using different algorithms but no one has successfully to find a formula that will get them a constant profit. Gambling is a game of luck, and no one can prove its not since no one can be in profit for a long time,unless luck is involved.

Indeed. There are already sorts of researches showing how can a certain person can win into a gamblinh but still no one can even win with those strategies even if it includes mathematics in terms of probability because chances of winning the game do chances as the game goes on. So, the mathematical calculations to solve it does not only get into a one solution but a lot of long and complicated solution because it is a game of chances. Maybe some of those who have researched just understand how does the game goes by so they have kept in mind on how they can play in a long time and the winning will be dependent on how luck runs on them. Winning casino games can only be possible if you understand the game rules, show wise thinking analogy and of course the presence of luck as usual is important. That is why whenever I am into playing in an online casino I am currently into, I am not really testing my luck because I tend to enjoy the variety of games plus their welcome bonus for doing my first deposit and not pressuring myself to win so I can enjoy the game all throughout because if it is really for you, it will come because of luck.
Pages: « 1 [2] 3 4 5 6 7 »  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!