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[Betwrong]

It does matter buddy because the user purpose are the wagering contest, to also win his bet and to have longer wagering time, so it better if he mix strategy but I won't advise him to use the martingale strategy due to the risk involve.
@Betwrong was right the guy was actually mixing things.

Martingale strat is considerable on catching up a wagering contest but it is more riskier same as you said but still an ideal way on catching up numbers.

Its a matter of choice though or simply if you can able to handle it but for me it is way more better on catching up high multipliers with that minimum bet strat.

For pursuing wagering contests i suggest to you just stick to the normal bets such as 2x payout and do not use martingale strategy  because it will dried your balance rapidly and the worst thing if you use that method for the contests is you will run out your money but at the end of contests you cannot reach good position to get prizes

I tried it, and it didn't work as good as playing with 98% win chance. I'll try to explain it with an example.



Look, I wagered 914 DOGE with 10 bets, while losing nothing, which was pretty much expected for playing with 98% win chance.

I think, you'll agree that if I were betting with 49.5% win chance, I would, most likely, lose at least 2 bets within 10. So my balance would decrease by 183 DOGE, (most likely), instead of being increased by 9 DOGE.

If you play with a very big balance, and make tens of thousands bets, it almost doesn't matter what strategy you are using. But for a balance that is just 10-20 times higher of your bet amount, betting with the highest win chance possible is definitely better than anything else, if your aim is to win a wagering contest.

[1714200968]

1714200968

[1714200968]

1714200968

[1714200968]

1714200968

[justdimin]

This place started like less than a year ago (about 6-8 months?) and they are already above 215 million right now with almost 90 pages on their bitcointalk topic. I feel like windice should be taught in marketing schools to kids on how to get the name out and how to make people talk about your brand.

How many places in all of crypto reached 90 pages and 215+ million bets in less than 8 months? Maybe stake did get a lot of attention when they first started but they were "casino of primedice" when they first started so that doesn't really count, aside from that I don't remember any other place that started this well.

I love this place too, they are one of the best casinos out there with most legit business owners out there, they have been running this like a proper business.

[janggernaut]

It does matter buddy because the user purpose are the wagering contest, to also win his bet and to have longer wagering time, so it better if he mix strategy but I won't advise him to use the martingale strategy due to the risk involve.
@Betwrong was right the guy was actually mixing things.

Martingale strat is considerable on catching up a wagering contest but it is more riskier same as you said but still an ideal way on catching up numbers.

Its a matter of choice though or simply if you can able to handle it but for me it is way more better on catching up high multipliers with that minimum bet strat.

For pursuing wagering contests i suggest to you just stick to the normal bets such as 2x payout and do not use martingale strategy because it will dried your balance rapidly and the worst thing if you use that method for the contests is you will run out your money but at the end of contests you cannot reach good position to get prizes

I don't think i ever seen people betting on 2x payout while they are trying to win wagering contest. How could you so sure you can wager much more than on highest win chance? I believe 9 of 10 people who trying to win wager contest must be use high winning chance to avoid get lose streak while they betting.

[panjul07]

It does matter buddy because the user purpose are the wagering contest, to also win his bet and to have longer wagering time, so it better if he mix strategy but I won't advise him to use the martingale strategy due to the risk involve.
@Betwrong was right the guy was actually mixing things.

Martingale strat is considerable on catching up a wagering contest but it is more riskier same as you said but still an ideal way on catching up numbers.

Its a matter of choice though or simply if you can able to handle it but for me it is way more better on catching up high multipliers with that minimum bet strat.

For pursuing wagering contests i suggest to you just stick to the normal bets such as 2x payout and do not use martingale strategy because it will dried your balance rapidly and the worst thing if you use that method for the contests is you will run out your money but at the end of contests you cannot reach good position to get prizes

I don't think i ever seen people betting on 2x payout while they are trying to win wagering contest. How could you so sure you can wager much more than on highest win chance? I believe 9 of 10 people who trying to win wager contest must be use high winning chance to avoid get lose streak while they betting.

I did it several times already, I did not even use the highest winning chance when I participated in a wagering contest.
Simply because I have tried using high winning chance but failed earlier because getting many losing bets.
Mathematically if we use high winning chance, then we need to have so many winning bets to recover 1 lose bet.
Obviously there is no guarantees that we will be able to wager more by using specific strategy as everything based on our luck.
It is just about preferences, every players has their own strategy and has their own luck.

[janggernaut]

I did it several times already, I did not even use the highest winning chance when I participated in a wagering contest.
Simply because I have tried using high winning chance but failed earlier because getting many losing bets.
Mathematically if we use high winning chance, then we need to have so many winning bets to recover 1 lose bet.
Obviously there is no guarantees that we will be able to wager more by using specific strategy as everything based on our luck.
It is just about preferences, every players has their own strategy and has their own luck.

So which is better between playing with low win chance or high win chance according your experience while joined on wagering contest? It must be playing on high win chance, isn't it?
Sure you can lose multiple times in a row while playing on high win chance, but the chance of that happened is much lower than lossing streak while you playing on 49.95% win chance or 2x payout, which can bring you more than 18 losses streaks.
People who using 2x payout is only aiming for profit because they are high roller (but sometimes they are the winner of wagering contest too)

[panjul07]

I did it several times already, I did not even use the highest winning chance when I participated in a wagering contest.
Simply because I have tried using high winning chance but failed earlier because getting many losing bets.
Mathematically if we use high winning chance, then we need to have so many winning bets to recover 1 lose bet.
Obviously there is no guarantees that we will be able to wager more by using specific strategy as everything based on our luck.
It is just about preferences, every players has their own strategy and has their own luck.

So which is better between playing with low win chance or high win chance according your experience while joined on wagering contest? It must be playing on high win chance, isn't it?
Sure you can lose multiple times in a row while playing on high win chance, but the chance of that happened is much lower than lossing streak while you playing on 49.95% win chance or 2x payout, which can bring you more than 18 losses streaks.
People who using 2x payout is only aiming for profit because they are high roller (but sometimes they are the winner of wagering contest too)

Sorry to say but for me betting on high winning chance give me worst result when I participated on wagering contest compared when I use bigger payout like 1.2x up to 2x
Indeed betting on 2x can give us losing streak but it can give us winning streak as well. Once again it depends on our luck. Most of the time, I got good profit at the beginning so I decided to stop betting and forget the wagering contest.
Maybe you should try it and compare it yourself. No need to bet bigger but you can bet with the minimum bet (just for testing not for joining any contest).

[suzanne5223]

It does matter buddy because the user purpose are the wagering contest, to also win his bet and to have longer wagering time, so it better if he mix strategy but I won't advise him to use the martingale strategy due to the risk involve.
@Betwrong was right the guy was actually mixing things.

Martingale strat is considerable on catching up a wagering contest but it is more riskier same as you said but still an ideal way on catching up numbers.

Its a matter of choice though or simply if you can able to handle it but for me it is way more better on catching up high multipliers with that minimum bet strat.

Does it matter or does it not matter also depends on the person. Some people want to gamble longer without losing too much, some people want to gamble to win money, so how you gamble depends on what you want from gambling. Some people want to just gamble and not care about competition, some people gamble just for competition, and some people gamble both to win and also be part of the competition at the same time.

Now, all of those people also have tens of different methods to approach what they are trying to achieve all of which combined makes for a big amount of ways to gamble. Hence at the end of the day only thing that matters is what you want to achieve with your gambling, if you are going for something specific then you need to do something specific as well.

You're right with what you said which why i advised the mixing of strategy (not mixing things) and avoiding the martingale strategy but the 98% strategy used by betwrong seems to be working seems fine at the moment though.

[Lakai01]

Sorry to say but for me betting on high winning chance give me worst result when I participated on wagering contest compared when I use bigger payout like 1.2x up to 2x

What do you mean with "worst result on wagering contest" exactly? Wagering contests are all about how much money you wagered, not how much you won during the contest. So statistically you will ALWAYS (even if you are a damn unlucky person ;-) achieve better results when playing with very high win chances because your stake wont get melted as fast as it does when you play with eg. 49.9% win chance

[leea-1334]

For pursuing wagering contests i suggest to you just stick to the normal bets such as 2x payout and do not use martingale strategy because it will dried your balance rapidly and the worst thing if you use that method for the contests is you will run out your money but at the end of contests you cannot reach good position to get prizes

Agree,,, but this depends on your balance. To build a wager for first few levels, I would say at least 0,05 BTC is necessary to last 1 million bets at x2 payout on starting bet 1 satoshi, but if you have much much less, I would even go for just small bets like 100 satoshi at max chance, and then no increase on loss.

OR my personal favorite is to x2 martingale till maybe 1000 profit, then use 100 on max chance until bust. Repeat again and again.

[dunfida]

It does matter buddy because the user purpose are the wagering contest, to also win his bet and to have longer wagering time, so it better if he mix strategy but I won't advise him to use the martingale strategy due to the risk involve.
@Betwrong was right the guy was actually mixing things.

Martingale strat is considerable on catching up a wagering contest but it is more riskier same as you said but still an ideal way on catching up numbers.

Its a matter of choice though or simply if you can able to handle it but for me it is way more better on catching up high multipliers with that minimum bet strat.

Does it matter or does it not matter also depends on the person. Some people want to gamble longer without losing too much, some people want to gamble to win money, so how you gamble depends on what you want from gambling. Some people want to just gamble and not care about competition, some people gamble just for competition, and some people gamble both to win and also be part of the competition at the same time.

Now, all of those people also have tens of different methods to approach what they are trying to achieve all of which combined makes for a big amount of ways to gamble. Hence at the end of the day only thing that matters is what you want to achieve with your gambling, if you are going for something specific then you need to do something specific as well.

You're right with what you said which why i advised the mixing of strategy (not mixing things) and avoiding the martingale strategy but the 98% strategy used by betwrong seems to be working seems fine at the moment though.

Its been proven out too that kind of strategy isnt really an assurance yet as said one loss would need lots of win for you to cope up but since
we are just concern with total wager then its not a big issue for you but if you are keen also on making profits while you are wagering then
you would really have that doubt on using it.Well, its a matter of choice or preference though even you do just simply bet on 2x multiplier having 1btc bankroll either win or loss
then its still a total wagered amount which would be hardly reach for those who had 98% winning rate with very minimal amounts.So its still had the difference.

[davinchi]

[im g]https://i.imgur.com/u21f4bQ.png[/img]

Look, I wagered 914 DOGE with 10 bets, while losing nothing, which was pretty much expected for playing with 98% win chance.

I think, you'll agree that if I were betting with 49.5% win chance, I would, most likely, lose at least 2 bets within 10. So my balance would decrease by 183 DOGE, (most likely), instead of being increased by 9 DOGE.

If you play with a very big balance, and make tens of thousands bets, it almost doesn't matter what strategy you are using. But for a balance that is just 10-20 times higher of your bet amount, betting with the highest win chance possible is definitely better than anything else, if your aim is to win a wagering contest.

The problem with that type of 98% win chance is that you need to win 100 times before you can lose, not 10. You can play 10 times in a row and not lose, that is a possibility but what if you gamble 200 times and lose 3 times? That would mean you lost money as much as a guy who played with 2x or even maybe more. That is why people are saying it doesn't matter what your strategy is, it all depends on your luck.

You can do any strategy you want, you can gamble however you want to gamble but at the end of the day if you are not lucky you are going to lose a lot of money and that is the end of the deal. If you want to just gamble as much as possible my suggestion is to have enough funds and gamble with minimum allowed bet with 98%, you can still lose with that but at least you won't lose much.

[dark08]

[im g]https://i.imgur.com/u21f4bQ.png[/img]

Look, I wagered 914 DOGE with 10 bets, while losing nothing, which was pretty much expected for playing with 98% win chance.

I think, you'll agree that if I were betting with 49.5% win chance, I would, most likely, lose at least 2 bets within 10. So my balance would decrease by 183 DOGE, (most likely), instead of being increased by 9 DOGE.

If you play with a very big balance, and make tens of thousands bets, it almost doesn't matter what strategy you are using. But for a balance that is just 10-20 times higher of your bet amount, betting with the highest win chance possible is definitely better than anything else, if your aim is to win a wagering contest.

The problem with that type of 98% win chance is that you need to win 100 times before you can lose, not 10. You can play 10 times in a row and not lose, that is a possibility but what if you gamble 200 times and lose 3 times? That would mean you lost money as much as a guy who played with 2x or even maybe more. That is why people are saying it doesn't matter what your strategy is, it all depends on your luck.

You can do any strategy you want, you can gamble however you want to gamble but at the end of the day if you are not lucky you are going to lose a lot of money and that is the end of the deal. If you want to just gamble as much as possible my suggestion is to have enough funds and gamble with minimum allowed bet with 98%, you can still lose with that but at least you won't lose much.

I agree to you everyone have their own strategy while playing dice game but if your not lucky you will end up losing your balance but for me I prefered a 80 to 85% win chances. I almost used a lot of strategy but in the end nothing is working lucky is the chance if you want to win profit.

[Lakai01]

You can do any strategy you want, you can gamble however you want to gamble but at the end of the day if you are not lucky you are going to lose a lot of money and that is the end of the deal. If you want to just gamble as much as possible my suggestion is to have enough funds and gamble with minimum allowed bet with 98%, you can still lose with that but at least you won't lose much.

Gambling has to be seen exactly as what it is: entertainment. If you like to be entertained by watching a movie you have to pay for a ticket. If you like to be entertained by gambling you have to take the risk that you lose money. Things are going to be dangerous if you think that gambling is a sort of guaranteed income, this is definitly not true and no strategy out there which promises you "income" will work in the long run.

[n0ne]

You can do any strategy you want, you can gamble however you want to gamble but at the end of the day if you are not lucky you are going to lose a lot of money and that is the end of the deal. If you want to just gamble as much as possible my suggestion is to have enough funds and gamble with minimum allowed bet with 98%, you can still lose with that but at least you won't lose much.

Gambling has to be seen exactly as what it is: entertainment. If you like to be entertained by watching a movie you have to pay for a ticket. If you like to be entertained by gambling you have to take the risk that you lose money. Things are going to be dangerous if you think that gambling is a sort of guaranteed income, this is definitly not true and no strategy out there which promises you "income" will work in the long run.

Gambling is all about luck. Gambling as a form of entertainment is really a hard thing to follow if the user has once experienced winning little out of gambling. We can't consider it a form of entertainment, because we spend to have fun. With gambling we risk or spend for an income. This means it doesn't gives fun, it increases the pressure whether we'll win or loss.

[RealMalatesta]

You can do any strategy you want, you can gamble however you want to gamble but at the end of the day if you are not lucky you are going to lose a lot of money and that is the end of the deal. If you want to just gamble as much as possible my suggestion is to have enough funds and gamble with minimum allowed bet with 98%, you can still lose with that but at least you won't lose much.

Gambling has to be seen exactly as what it is: entertainment. If you like to be entertained by watching a movie you have to pay for a ticket. If you like to be entertained by gambling you have to take the risk that you lose money. Things are going to be dangerous if you think that gambling is a sort of guaranteed income, this is definitly not true and no strategy out there which promises you "income" will work in the long run.

Yes, people already said it million times, do not look for a strategy that would make you win, there is no way to win in crypto gambling. Sometimes you can gamble with 2x odds of winning and instead of having 1 loss 1 win type of results, you can have 10 loss in a row or 10 wins in a row, you can get lucky and make a ton of money or you can lose it all quickly.

Same goes for odds like 1.01 or whatever where you should win 10 times in a row easily but you may end up losing the first ever bet or you can go 150 bets in a row without losing and be in the contest. So, do not think that there is ANY strategy you can make money with, it all comes down to luck and luck only, whatever method you try if you are lucky it will work, if you are unlucky it will not work, simple as that.

[Zicadis]

You can do any strategy you want, you can gamble however you want to gamble but at the end of the day if you are not lucky you are going to lose a lot of money and that is the end of the deal. If you want to just gamble as much as possible my suggestion is to have enough funds and gamble with minimum allowed bet with 98%, you can still lose with that but at least you won't lose much.

Gambling has to be seen exactly as what it is: entertainment. If you like to be entertained by watching a movie you have to pay for a ticket. If you like to be entertained by gambling you have to take the risk that you lose money. Things are going to be dangerous if you think that gambling is a sort of guaranteed income, this is definitly not true and no strategy out there which promises you "income" will work in the long run.

Yes, people already said it million times, do not look for a strategy that would make you win, there is no way to win in crypto gambling. Sometimes you can gamble with 2x odds of winning and instead of having 1 loss 1 win type of results, you can have 10 loss in a row or 10 wins in a row, you can get lucky and make a ton of money or you can lose it all quickly.

Same goes for odds like 1.01 or whatever where you should win 10 times in a row easily but you may end up losing the first ever bet or you can go 150 bets in a row without losing and be in the contest. So, do not think that there is ANY strategy you can make money with, it all comes down to luck and luck only, whatever method you try if you are lucky it will work, if you are unlucky it will not work, simple as that.

I can't believe that after this much time this can still be a topic of discussion. Literally, even if you're a newbie you should at least know that crypto gambling or gambling in itself isn't a way to get rich quickly, nahh, no way. Even strategies can't guarantee it, so quit the nonsense about bots etc that makes you win every time - It's all a lie! Just have fun playing the games you love and be cautious as you do so

[veleten]

It does matter buddy because the user purpose are the wagering contest, to also win his bet and to have longer wagering time, so it better if he mix strategy but I won't advise him to use the martingale strategy due to the risk involve.
@Betwrong was right the guy was actually mixing things.

Martingale strat is considerable on catching up a wagering contest but it is more riskier same as you said but still an ideal way on catching up numbers.

Its a matter of choice though or simply if you can able to handle it but for me it is way more better on catching up high multipliers with that minimum bet strat.

For pursuing wagering contests i suggest to you just stick to the normal bets such as 2x payout and do not use martingale strategy because it will dried your balance rapidly and the worst thing if you use that method for the contests is you will run out your money but at the end of contests you cannot reach good position to get prizes

2x bets is a good way to wager some coins , again , it all depends on your seeds
you are bound to get at least 1% extra reds , so if you bet 100.000 bets with 1000 satoshi , you are bound to lose at least 1000*1000=0.01 btc
but if you are unlucky , your side could get another 2-3.000 extra reds and believe me it is VERY possible
my stats from some other site while betting 50% win chance :



as you can see the difference is around 1.300 extra reds in 80.000 + - bets
flat bets are good when your sole purpose is to wager , since you are almost guaranteed to lose this 1% HE to the casino
still better than the 98% chance bets IMHO

[Betwrong]

[im g]https://i.imgur.com/u21f4bQ.png[/img]

Look, I wagered 914 DOGE with 10 bets, while losing nothing, which was pretty much expected for playing with 98% win chance.

I think, you'll agree that if I were betting with 49.5% win chance, I would, most likely, lose at least 2 bets within 10. So my balance would decrease by 183 DOGE, (most likely), instead of being increased by 9 DOGE.

If you play with a very big balance, and make tens of thousands bets, it almost doesn't matter what strategy you are using. But for a balance that is just 10-20 times higher of your bet amount, betting with the highest win chance possible is definitely better than anything else, if your aim is to win a wagering contest.

The problem with that type of 98% win chance is that you need to win 100 times before you can lose, not 10. You can play 10 times in a row and not lose, that is a possibility but what if you gamble 200 times and lose 3 times? That would mean you lost money as much as a guy who played with 2x or even maybe more. That is why people are saying it doesn't matter what your strategy is, it all depends on your luck.

It wasn't about winning constantly with a strategy. We were talking about winning in a wagering contest. In other words, we were talking about how to lose as little as possible while wagering as much as possible. It depends on the prize pool, but it's not that unusual to see a contest where you will most likely be in profit in the end even if you lose hundreds of thousands sats in the process.

~ If you want to just gamble as much as possible my suggestion is to have enough funds and gamble with minimum allowed bet with 98%, you can still lose with that but at least you won't lose much.

You've just described the most boring way of gambling ever. I'm sure you'll agree with me after rereading what you were suggesting. )

[livingfree]

~ If you want to just gamble as much as possible my suggestion is to have enough funds and gamble with minimum allowed bet with 98%, you can still lose with that but at least you won't lose much.

You've just described the most boring way of gambling ever. I'm sure you'll agree with me after rereading what you were suggesting. )

Hehe, this strategy and percentage is good if you don't want to mess that much but knowing that there's a 2% chance of losing then why go for higher percentage with possible higher reward.

The risk is higher but it would be worth to try. Yeah, setting automatic @98% sort of boring. 

[SquallLeonhart]

For pursuing wagering contests i suggest to you just stick to the normal bets such as 2x payout and do not use martingale strategy because it will dried your balance rapidly and the worst thing if you use that method for the contests is you will run out your money but at the end of contests you cannot reach good position to get prizes

Agree,,, but this depends on your balance. To build a wager for first few levels, I would say at least 0,05 BTC is necessary to last 1 million bets at x2 payout on starting bet 1 satoshi, but if you have much much less, I would even go for just small bets like 100 satoshi at max chance, and then no increase on loss.

OR my personal favorite is to x2 martingale till maybe 1000 profit, then use 100 on max chance until bust. Repeat again and again.

Martingale or any other strategy is at the end all depends on the luck of the player. I once had a streak of 11 wins, considering it was martingale my win wasn't as considerable as it could be yet when I had 7 in a row loss (less than 11 streak) I lost all my money. So, at the end as you can see martingale has a very slim margin of unlucky streaks, if you end up at the red too many times in a row then you may end up with nothing and winning the contest wouldn't help you recover 10% of that most of the time.

So, I still think betting small on high odds of winning is a better strategy because even if you lose you lose small amount and there is a chance of hitting 100 in a row wins (even if you lose once or twice its small amount) and that ends up with high wagered amount.