deisik
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October 09, 2019, 06:23:50 AM Last edit: October 09, 2019, 06:48:16 AM by deisik |
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you said short term ? short terms means you play for a short period of time so your supposed to bet on higher odds so that you can win or loss quickly but betting in smaller odds is indeed good for smaller bankrolls so that you can minimize your chance of loosing but itll make you also play longer . loosing 20 times in a row can be acceptable or not depending on your bets . i can play longer but i dont have a big bankroll , its only a matter of bankroll management .
Short term and long term is not the amount if you ask me, its the time and the wagered amount. Just to give an example if you gamble with 1k satoshi for a whole day on all automatic you will still get at most 1-2 btc (or maybe more I don't really know the speed) but if you gamble 100 satoshi for 1 month you will gamble a lot more. Which is why I personally think its the wagered time instead of wagered amount I'd say it is more about the number of bets you make Yep, given the same betting speed it still comes down to how long you roll (given the same bet amount), but technically, it is the number of rolls multiplied by your average bet amount (if I'm not missing something here). In this manner. betting 1k for 3 days on end should be the same as betting 100 satoshi for 1 month in terms of wagered amount, even though the times are obviously quite different. Correct me if I got something wrong here You can gamble 10 btc all at once and win or lose the same amount, that is just once and you won't find out the average loss expectancy that way, however if you bet 1 million times with 100 satoshi over a month period then you will get to the 1% house edge average for sure. You won't also lose much and still have a high wagered amount that would help you out You don't need to wait a whole month That would be an enormous overkill as rolling around 1000 times will typically suffice to see where the house edge is. It pretty fast approximates to that number (1%), or whatever it is (I tested this approach at other casinos)
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Haunebu
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October 09, 2019, 07:27:04 AM |
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But if we are to follow this logic through, then there is no limit on how long a losing streak can be, no matter the multiplier, as the odds remain the same, right? So if you lost 4 times in a row on 1.01x, you can then lose time and time again, which is statistically totally true, by the way
To correctly understand probabilities, we should never forget that they only refer to future events as probabilities don't exist with respect to past events since the latter already happened, i.e. their probability is strictly 100%. You can't unhappen something like it never happened. There are no snapshots to return to if something goes wrong
This is why I gamble with my entire bankroll at once with an x2 multiplier which I can afford to lose. If I lose, I quit for sometime and gamble with my entire bankroll some other time. If I win, I keep my winnings and don't gamble for sometime. Yolo gambling has helped me many times already and I never needed to depend on any sort of progression strategy like Martingale etc. This is why I prefer this style of gambling.
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el kaka22
Legendary
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www.Crypto.Games: Multiple coins, multiple games
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October 09, 2019, 05:38:04 PM |
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But if we are to follow this logic through, then there is no limit on how long a losing streak can be, no matter the multiplier, as the odds remain the same, right? So if you lost 4 times in a row on 1.01x, you can then lose time and time again, which is statistically totally true, by the way
To correctly understand probabilities, we should never forget that they only refer to future events as probabilities don't exist with respect to past events since the latter already happened, i.e. their probability is strictly 100%. You can't unhappen something like it never happened. There are no snapshots to return to if something goes wrong
This is why I gamble with my entire bankroll at once with an x2 multiplier which I can afford to lose. If I lose, I quit for sometime and gamble with my entire bankroll some other time. If I win, I keep my winnings and don't gamble for sometime. Yolo gambling has helped me many times already and I never needed to depend on any sort of progression strategy like Martingale etc. This is why I prefer this style of gambling. Yolo gambling where you put all your money at risk will help you have a higher chance because 50% chance you walk away with double your money and you can use it somewhere else, at worst you will lose all your money quickly and you will lose your money in any other method as well so there is no point on not losing your money, any other method loses money as well so no difference there. However, if we are talking about how to reach the highest wagered amount possible, that is literally a worthless method, you may literally just gamble once and leave, maybe twice or thrice but that's about it. Hence, gambling smaller amounts for many more times would guarantee higher wagered amount and on top of that you get to have more fun while playing for hours and hours.
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rexxarofmoknathal
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 09, 2019, 06:04:17 PM |
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But if we are to follow this logic through, then there is no limit on how long a losing streak can be, no matter the multiplier, as the odds remain the same, right? So if you lost 4 times in a row on 1.01x, you can then lose time and time again, which is statistically totally true, by the way
To correctly understand probabilities, we should never forget that they only refer to future events as probabilities don't exist with respect to past events since the latter already happened, i.e. their probability is strictly 100%. You can't unhappen something like it never happened. There are no snapshots to return to if something goes wrong
This is why I gamble with my entire bankroll at once with an x2 multiplier which I can afford to lose. If I lose, I quit for sometime and gamble with my entire bankroll some other time. If I win, I keep my winnings and don't gamble for sometime. Yolo gambling has helped me many times already and I never needed to depend on any sort of progression strategy like Martingale etc. This is why I prefer this style of gambling. Yolo gambling where you put all your money at risk will help you have a higher chance because 50% chance you walk away with double your money and you can use it somewhere else, at worst you will lose all your money quickly and you will lose your money in any other method as well so there is no point on not losing your money, any other method loses money as well so no difference there. However, if we are talking about how to reach the highest wagered amount possible, that is literally a worthless method, you may literally just gamble once and leave, maybe twice or thrice but that's about it. Hence, gambling smaller amounts for many more times would guarantee higher wagered amount and on top of that you get to have more fun while playing for hours and hours. Yh, I agree with you that gambling smaller amounts allows the player to experience more fun when gambling than when throwing in a large sum and I suppose most people agree and thus prefer to gamble this way. But just to make an opposite statement that there are people out there and involved in this market that gambling for them is another way to possibly get more money and so if they start with big amounts to them is nothing even if they lose it all as it seems that what's most important to these people is time as opposed to the amount they bet - just saying that the methods out there are not a one-size-fits-all recipe.
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serjent05
Legendary
Online
Activity: 2954
Merit: 1276
Up to 300% + 200 FS deposit bonuses
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October 09, 2019, 07:18:13 PM |
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It seems Wolf.bet had a maintenance today, does this mean we have a new huge update? No wonder we have experienced lag, and delayed stats on the ranking, it seems the management is cooking something great for their players ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) .
Yh, I agree with you that gambling smaller amounts allows the player to experience more fun when gambling than when throwing in a large sum and I suppose most people agree and thus prefer to gamble this way. But just to make an opposite statement that there are people out there and involved in this market that gambling for them is another way to possibly get more money and so if they start with big amounts to them is nothing even if they lose it all as it seems that what's most important to these people is time as opposed to the amount they bet - just saying that the methods out there are not a one-size-fits-all recipe.
I think the fun on the amount of bet a person wagered is subjective. For big players, wagering a small amount will not trigger any kind of excitement/fun for them. Since they had experience the excitement of big amount being wagered.
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Lanatsa
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October 09, 2019, 07:30:18 PM |
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It seems Wolf.bet had a maintenance today, does this mean we have a new huge update? No wonder we have experienced lag, and delayed stats on the ranking, it seems the management is cooking something great for their players ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) .
Theres no such announcement on what would be the changes for their current update but its good to see that they are having that scheduled maintenance. About Lag issues I do experience it also and hope this time it would really be fixed up.
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MonsterV
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October 09, 2019, 07:36:37 PM |
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It seems Wolf.bet had a maintenance today, does this mean we have a new huge update? No wonder we have experienced lag, and delayed stats on the ranking, it seems the management is cooking something great for their players ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . yeah, it looks like developer is trying to maintain something big. I hope they do an update for a new game because some time ago wolf.bet team said there will be a new game soon after affiliate feature updated a few weeks ago. And I hope they also maintain speed of access to the site wolf.bet because so far I like the look of their UI that is very simple, but unfortunately in terms of speed is still far behind Yolodice, I hope that wolf.bet will become a yolodice rival in future. Yh, I agree with you that gambling smaller amounts allows the player to experience more fun when gambling than when throwing in a large sum and I suppose most people agree and thus prefer to gamble this way. But just to make an opposite statement that there are people out there and involved in this market that gambling for them is another way to possibly get more money and so if they start with big amounts to them is nothing even if they lose it all as it seems that what's most important to these people is time as opposed to the amount they bet - just saying that the methods out there are not a one-size-fits-all recipe.
I think the fun on the amount of bet a person wagered is subjective. For big players, wagering a small amount will not trigger any kind of excitement/fun for them. Since they had experience the excitement of big amount being wagered. Right, dude. The matter of pleasure is that amount of the bet is subjective, surely every player will adjust to their capital. But most of them like big bets but on other hand they don't want to lose, haha that's for sure. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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serjent05
Legendary
Online
Activity: 2954
Merit: 1276
Up to 300% + 200 FS deposit bonuses
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 09, 2019, 10:13:29 PM |
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It seems Wolf.bet had a maintenance today, does this mean we have a new huge update? No wonder we have experienced lag, and delayed stats on the ranking, it seems the management is cooking something great for their players ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) .
Theres no such announcement on what would be the changes for their current update but its good to see that they are having that scheduled maintenance. About Lag issues I do experience it also and hope this time it would really be fixed up. It seems they had some trouble on their server side back then, anyway I tried this stuff Fund: 0.11 ETH Bet: 0.00001 ETH Winning chance : 98% x10000% on lose reset on win busted after 3 straight losses. Its fun while it last, i had it running for more than 12 hours before my fund give in ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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rexxarofmoknathal
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 09, 2019, 10:33:47 PM |
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It seems Wolf.bet had a maintenance today, does this mean we have a new huge update? No wonder we have experienced lag, and delayed stats on the ranking, it seems the management is cooking something great for their players ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) .
Theres no such announcement on what would be the changes for their current update but its good to see that they are having that scheduled maintenance. About Lag issues I do experience it also and hope this time it would really be fixed up. It seems they had some trouble on their server side back then, anyway I tried this stuff Fund: 0.11 ETH Bet: 0.00001 ETH Winning chance : 98% x10000% on lose reset on win busted after 3 straight losses. Its fun while it last, i had it running for more than 12 hours before my fund give in ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Good thing they try to fix it because this could cost them a lot both in terms of new players and regular customers as much as capital. No one really wants to deal with places not maintained at the highest standard possible because there's plenty of choices out there.
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magneto
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October 09, 2019, 10:36:42 PM |
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Looks good. I think that you have entered the market at the right time where there is a lack of new quality dice sites with faucets, which is what people primarily look for when they sign up to such sites.
I'm just wondering though, would you guys ever consider taking investments into the bankroll?
Obviously this probably isn't the best idea to start now, because your site is still relatively new and people will likely have a lack of trust for any investment feature, but in the future, it could help you raise your max bets and reap commissions from investor profits as well. I'd suggest you guys look into it.
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khaled0111
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October 09, 2019, 10:47:39 PM |
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Good thing they try to fix it because this could cost them a lot both in terms of new players and regular customers as much as capital. No one really wants to deal with places not maintained at the highest standard possible because there's plenty of choices out there.
Mods on chat said that devs are currently working on improving the website performances. They will also add chat rooms and maybe there will be new game/s (again, according to chat mods nothing official). It may take few days so let's wait and see.
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GreatArkansas
Legendary
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October 10, 2019, 12:06:13 PM |
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Wow ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgflip.com%2F3cwpr6.jpg&t=665&c=Hx9holkHOuLG8Q) First time I saw the total online users with more than 80 users. Congrats to Wolf.bet team! Keep up the good work especially adding more features, I am amazed on the recent feature added, the live stats chart 2.0 and newly Portuguese language. Waiting for Filipino(Philippines) language ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Btw, what are/is the bases on what language is being added on the wolf.bet? Based on the IP addresses of majority users of the platform?
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ahmadakbari
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October 10, 2019, 12:54:59 PM |
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First time I saw the total online users with more than 80 users.
I remember about an hour age the total number of online users was 91. Number of users is increasing regularly. Wold.bet is condicting contest regularly every day with 1000 dollar prize. I think they can compete with many big gambling websites in a near future. With some new features that will be likely added to the website, more gamblers will be attracted.
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startsts
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2019, 03:17:43 PM Last edit: October 10, 2019, 03:28:08 PM by startsts |
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I liked the design that much, dark theme is cool. And there is a chat, that's all I was lacking in other DICE platforms. Keep up the good work And there is 5 DOGE register bonus
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serjent05
Legendary
Online
Activity: 2954
Merit: 1276
Up to 300% + 200 FS deposit bonuses
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2019, 03:28:18 PM |
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I liked the design that much, dark theme is cool. And there is a chat, that's all I was lacking in other DICE platforms. Keep up the good work
Indeed, it is pleasant to the eyes, and the chat keeps the boring days away ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Anyway noticed another update: New Features2019-10-10 Added stats on mobile Fixed balance update after rain Added Transaction ID in deposit history with blockchain explorer linked The site is getting better each day, it was just the other day when we got an update and now another new feature is added to the site.
Wow ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgflip.com%2F3cwpr6.jpg&t=665&c=Hx9holkHOuLG8Q) First time I saw the total online users with more than 80 users. Congrats to Wolf.bet team! Keep up the good work especially adding more features, I am amazed on the recent feature added, the live stats chart 2.0 and newly Portuguese language. Waiting for Filipino(Philippines) language ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Btw, what are/is the bases on what language is being added on the wolf.bet? Based on the IP addresses of majority users of the platform? It was more than 100 the other day, well that was the chat moderator told me when I commented about the site having more player than before.
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khaled0111
Legendary
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Activity: 2632
Merit: 2979
Top Crypto Casino
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October 10, 2019, 06:07:52 PM Last edit: October 10, 2019, 06:26:27 PM by khaled0111 |
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I couldn't sleep last night, so I deposited money on BW, just to give it a try. I was rolling over and over and strangely I didn't feel bored! I kept switching between manual spins and auto. The later was when I felt I like to chat with other users. Chat mods are friendly and very responsive. People are sharing their wagering results there ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You can't expect more than that. By the way, I deposited Btc and Eth and withdrew both and everything went fine.
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atjiat
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October 10, 2019, 06:27:33 PM |
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You really have a very interesting and easy to manage resource. Even a novice becomes very understandable, but apparently this is not enough to attract more users. Almost a month ago, on the site I watched about 25 users online, and today up to 60. This is not very much and, given the greater competition, you need to attract more attention to your site. Maybe you should carry out an even more extensive advertising campaign, or maybe you have another strategy for this?
60 users online for now campared only 25 in a month before aren't too much for you? It's increased 140% higher than a month ago, how can it's still not much? When wolf.bet just launced, i even seen there were only less than 15 people online on there, then they improved their site, running 1st signature campaign to promote them, improved the betting speed, and now they are back with 2nd signature campaign Undoubtedly, the site is apparently doing very well if the team decided to allocate funds for the second signature compaing . I believe that this is already a good indicator for those who are interested in this resource.
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WolfBet (OP)
Copper Member
Member
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October 10, 2019, 06:36:42 PM |
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We couldn't be happier with all the positive feedback we have been getting around here on Bitcointalk, we are truly grateful for everyone's support! We don't have an exact plan on the following languages, whenever the opportunity comes up we will add a new one ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Regarding the Wolf Race, well, here is the top 10 from today: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FkYu47Ua.png&t=665&c=EEJCHHKir4WlSA)
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serjent05
Legendary
Online
Activity: 2954
Merit: 1276
Up to 300% + 200 FS deposit bonuses
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2019, 07:13:24 PM |
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We couldn't be happier with all the positive feedback we have been getting around here on Bitcointalk, we are truly grateful for everyone's support! We don't have an exact plan on the following languages, whenever the opportunity comes up we will add a new one ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Regarding the Wolf Race, well, here is the top 10 from today: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FkYu47Ua.png&t=665&c=EEJCHHKir4WlSA) I tried to catch up on the 4th rank there but I run out of time. Could have beat the guy if I bet around 50k sats per roll but oh well regret is always at the end, nevertheless I am happy for the win. 90ninerss always dominate the race except for some occasion where yoloers feels like wagering high amount. I wonder if anyone will dare challenge and beat 90ninerss for the rank 1 position except for yoloer?
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Bitinity
Legendary
Offline
Activity: 3164
Merit: 1314
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2019, 06:11:42 AM |
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We couldn't be happier with all the positive feedback we have been getting around here on Bitcointalk, we are truly grateful for everyone's support! We don't have an exact plan on the following languages, whenever the opportunity comes up we will add a new one ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Regarding the Wolf Race, well, here is the top 10 from today: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FkYu47Ua.png&t=665&c=EEJCHHKir4WlSA) I tried to catch up on the 4th rank there but I run out of time. Could have beat the guy if I bet around 50k sats per roll but oh well regret is always at the end, nevertheless I am happy for the win. 90ninerss always dominate the race except for some occasion where yoloers feels like wagering high amount. I wonder if anyone will dare challenge and beat 90ninerss for the rank 1 position except for yoloer? Once there are more whales notice about this daily race especially because of the competition for the top 3 is not that competitive compared to other sites with the same daily races then those whales will come to wolf.bet to take an advantage on the daily race. Once they are coming to wolf.bet then it will be become harder for those who have lower bankroll to win a prize on the race. Basically now is still good chance to win something on the daily race as we will need to wager higher amount on other sites on the similar race.
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