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Author Topic: Anyone here have some strategy to gain money, but with low profits daily?  (Read 8028 times)
numanoid
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August 11, 2019, 10:37:27 AM
 #121

Am I the only one who don't think that targeting low profits in gambling isn't worth it?
Like, for me if you're gambling then you always aim for a large profit because you're risking your money already. It doesn't change if you're aiming for low or huge amouny of winning. It's not like trading wherein scalping can be properly be practised wherein you're just aiming for a minimum percentage of profit from your capital.
Risked large amount to earn small amount isn't worth, agreed. But there are some people who want to earn small profit in daily to minimize the risk and prevent from getting greedy, also stop when you already hit your daily goal (1-2% from your balance).


If you have 10 BTC on your balance, the very moment you start martingale on auto-bet you start risking 10 BTC.
I don't think there will be any person who risked 10 BTC with martinfail strategy
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August 11, 2019, 10:55:24 AM
 #122

But risking 10 BTC in order to earn several bucks per day is crazy imo

There's another thing which somehow escaped my attention

Which is, it looks like a false dichotomy to me that you risk 10 bitcoins in exchange for a few bucks daily. In fact, there is a great deal of in-between ground in terms of how much you can earn before actually catching the killing streak ("a little left, a little right, a lot of in between"). There would be plenty of variance obviously (as well as a few mighty outliers), and in reality you could earn anything from several bucks and up to whatever multiplier you are using in your martingale setup at a point in time when you risk your whole balance before losing it in case you don't make it

If you have 10 BTC on your balance, the very moment you start martingale on auto-bet you start risking 10 BTC. You can lose it within the very first minute of your betting, and if then you ask yourself "Why was I risking 10 BTC?", the answer would be "In order of earning several bucks per day." Trying to earn more than that increases your chances of losing all your balance in a shorter period of time. I was assuming 1 satoshi as initial bet, and that's were "several bucks per day" came from. The amount you can win with martingale is defined by the speed of rolls on a dice site, and we all know that it has its limits.



There's a website, which i forget right now, that you can calculate how many losses you can take with martingale method
And it's insane how quickly escalate, with dice in autopilot you can and you will lose all money

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deisik
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August 11, 2019, 12:46:33 PM
 #123

But risking 10 BTC in order to earn several bucks per day is crazy imo

There's another thing which somehow escaped my attention

Which is, it looks like a false dichotomy to me that you risk 10 bitcoins in exchange for a few bucks daily. In fact, there is a great deal of in-between ground in terms of how much you can earn before actually catching the killing streak ("a little left, a little right, a lot of in between"). There would be plenty of variance obviously (as well as a few mighty outliers), and in reality you could earn anything from several bucks and up to whatever multiplier you are using in your martingale setup at a point in time when you risk your whole balance before losing it in case you don't make it

If you have 10 BTC on your balance, the very moment you start martingale on auto-bet you start risking 10 BTC. You can lose it within the very first minute of your betting, and if then you ask yourself "Why was I risking 10 BTC?", the answer would be "In order of earning several bucks per day." Trying to earn more than that increases your chances of losing all your balance in a shorter period of time. I was assuming 1 satoshi as initial bet, and that's were "several bucks per day" came from. The amount you can win with martingale is defined by the speed of rolls on a dice site, and we all know that it has its limits

There is definitely some misunderstanding here

First off, you do risk your whole balance when you commence on your martingale journey. That I agree with and I think I made it abundantly clear in my previous post here. However, it doesn't follow that you are necessarily earning 1 satoshi at the end of each streak (which you also seem to implicitly assume) as this setup is pretty useless, and I'm not sure anyone would seriously consider using it

Then, typically, you do not just cover your previous losses after hitting a red but also earn something, something better than 1 satoshi. Personally, I earn twice as much as I lost at all the previous rolls (thus covering the losses and earning as much). So, even if you start at 1 satoshi and double after each losing roll, you can still set the multiplier in such a way as to give some leeway to variance (and your potential profits) and still keep the risks bearable

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August 11, 2019, 03:03:41 PM
 #124

Some example, you deposit 100 USD, you use martingale method to gain at least 1 dollar (1%) and you stop, and do the same the day after

This is just a random example I made right now, but I want to see if there's someone who try to use a strategy to gain very small profits daily instead of trying with big bets

And guys, I know there's no 100% strategy, it's just curiosity

yes its possible. i do it for myself and it works most of the time. yesterday i lost, i have stopped in the right time and start again (i almost have the same amount as i stopped yesterday). playing ring on wink.org.. i have tried several strategies and chasing red and blue worked best for me. you don`t have to martingale x2 everytime as when you chase only grey. so its easier to gain and if you are wrong you wont lose that much.  Cool

In the end its all up to stop at the right time. cause there is no 100% strategy that works all the time.
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August 11, 2019, 05:30:21 PM
 #125

It is clear no one here makes even tiny profit on daily basis. They are probably very few if they atall exist. But it is possible that many are making regular/consistent profits which is not necessarily a daily profit
It’s not even possible for ANYONE TO MAKE DAILY PROFITS FROM GAMBLING. This is my 8 year gambling I can say that I have not seen or met anyone who has boasted of making money daily, if there is, I am sure the player is only trying to deceive others, gambling is not some place one can be confident to make money on regular bases  regardless the strategy applied because of the nature.

I believe the number of gamblers would be more than it is now if there was a strategy like this that assures players of making money daily, because virtually every player is doing it for money even though they understand it might take a while, so you can now imagine when there is an assurance for daily pay lol.

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August 11, 2019, 09:34:17 PM
 #126

It is clear no one here makes even tiny profit on daily basis. They are probably very few if they atall exist. But it is possible that many are making regular/consistent profits which is not necessarily a daily profit
It’s not even possible for ANYONE TO MAKE DAILY PROFITS FROM GAMBLING. This is my 8 year gambling I can say that I have not seen or met anyone who has boasted of making money daily, if there is, I am sure the player is only trying to deceive others, gambling is not some place one can be confident to make money on regular bases  regardless the strategy applied because of the nature

I agree it is impossible to make decent daily profits in gambling

But that's mostly because major casinos have installed artificial barriers to that and not because it is impossible in itself. If you have a few thousands of bitcoins, you could have earned pretty handsome amount daily using safe settings for martingale if the casino hadn't set their limits on the max bet amount equal to just a few bitcoins. Thus you won't be able to earn anything but dust if you take into account this limitation (and definitely not with Bitcoin)

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August 11, 2019, 10:20:46 PM
 #127

It is clear no one here makes even tiny profit on daily basis. They are probably very few if they atall exist. But it is possible that many are making regular/consistent profits which is not necessarily a daily profit
It’s not even possible for ANYONE TO MAKE DAILY PROFITS FROM GAMBLING. This is my 8 year gambling I can say that I have not seen or met anyone who has boasted of making money daily, if there is, I am sure the player is only trying to deceive others, gambling is not some place one can be confident to make money on regular bases  regardless the strategy applied because of the nature.

I believe the number of gamblers would be more than it is now if there was a strategy like this that assures players of making money daily, because virtually every player is doing it for money even though they understand it might take a while, so you can now imagine when there is an assurance for daily pay lol.

Wow, 8 years of gamble
Have you ever tried this strategy stated on my thread?
Do you have some strategy to keep gambling or you just do for fun?

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August 11, 2019, 10:30:08 PM
 #128

I doubt anyone could make profits on daily baiss. At times yes you can make profits but also loss is a part of the game. So one has to be preprared for it that their will be days where you will incurr losses too. Now gambling if you doing just to make money than quite risky beacuse it could just not happene that way. Also little safe bet if you want to take it then do sports betting where you can bet on the known team or player who has greater chances of winning it.

That is most likely be the safest strategy if you know you will win but it is worth it even more if you bet big on a team that you know could win.
I don't really think someone here would make a profit from gambling on a daily basis since winning and losing is a part of it.
You may win now but you will lose tomorrow and that's how gambling works and it happens in businesses too.

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August 12, 2019, 07:30:24 AM
 #129

Like you mentioned, there is no 100% possibility of winning daily, since no betting strategy gives you that surety.  If there is, I believe that's the method everyone will most likely be using. Going for low profit bet is safer comparatively anyway.

I agree if we can get a low profit from gambling because it means we can take any profit we can win. Although with the good strategy we cannot win big, as long as we can win a little money, I think that is enough because we could still save the money and collect it until the money can bigger. So it is no problem to save or to have a low profit daily because it is the same as if we win big money in a day. But we need to remember that we could not always win in the games.

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August 12, 2019, 09:08:51 AM
 #130

~
There's a website, which i forget right now, that you can calculate how many losses you can take with martingale method
~

I don't know, maybe there are other sites where you can do it too, but it's surely possible on PrimeDice. To find out the odds of losing X bets in a row when betting with Y% win chance on a dice site with 1% house edge, you just have to type in their chat

!odds X Y




~
Then, typically, you do not just cover your previous losses after hitting a red but also earn something, something better than 1 satoshi. Personally, I earn twice as much as I lost at all the previous rolls (thus covering the losses and earning as much). So, even if you start at 1 satoshi and double after each losing roll, you can still set the multiplier in such a way as to give some leeway to variance (and your potential profits) and still keep the risks bearable

I don't understand this part because, in my opinion, you are significantly increasing the chances of losing all your balance by such actions.


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August 12, 2019, 10:36:48 AM
 #131

There was one guy posting here regarding to his bot and his own strategy, if you don't mind seeking back it was like 1.5 years ago.
It might not work for every case since total capital of each person is different, i've watch the live stream for 1.5+ years and it's a non losing way.

The main thing is that you would believe it or not, if not then there is no such strategy, otherwise look for it and try. The guy stop promoting his bot long time ago since 99.99% of users here against him.
I personally tried to follow the method (of being guessing the logic) and wrote my own version for other gambling site and to tell you, it work.

You may ned to look for it yourself thought, since i can't as well as don't want to mention it here because his haters will come in and accuse that I am him and pretend to make sub-acount to ads for that.

Good luck
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August 12, 2019, 11:45:12 AM
 #132

Some example, you deposit 100 USD, you use martingale method to gain at least 1 dollar (1%) and you stop, and do the same the day after

This is just a random example I made right now, but I want to see if there's someone who try to use a strategy to gain very small profits daily instead of trying with big bets

And guys, I know there's no 100% strategy, it's just curiosity

Their is not such a strategy that would give you profits.
The more you gamble the more you are going to lose. So if you try to hit small winnings every day the bad thing that you do is that you gamble in a lot of bet which decrease your possibility of making profits.
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August 12, 2019, 12:44:04 PM
 #133

Some example, you deposit 100 USD, you use martingale method to gain at least 1 dollar (1%) and you stop, and do the same the day after

This is just a random example I made right now, but I want to see if there's someone who try to use a strategy to gain very small profits daily instead of trying with big bets

And guys, I know there's no 100% strategy, it's just curiosity

Their is not such a strategy that would give you profits.
The more you gamble the more you are going to lose. So if you try to hit small winnings every day the bad thing that you do is that you gamble in a lot of bet which decrease your possibility of making profits.

To make it short, gambling is really not meant to earn profit. It's only for entertainment. People just find a way to earn profit from it because it is easier in gambling. They don't realize that it is based on luck and strategies doesn't work on it.
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August 12, 2019, 01:08:55 PM
 #134

I don't understand this part because, in my opinion, you are significantly increasing the chances of losing all your balance by such actions

As I've written above, there is a lot of in between

Indeed, you can be significantly increasing the chances of losing all. However, you can still play on a safer side while giving some leeway to variance in profit potential since, as you said yourself (and which I totally agree with), you are risking your whole balance anyway. So why not make this risk worth the effort (and your balance)? Well, at least a little bit worthier that just earning 1 satoshi at the end of each losing streak. Basically, we are having two extremes - one of earning the least possible (1 satoshi), the other of quickly losing the whole balance (10 BTC) in half a dozen bets

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August 12, 2019, 04:42:21 PM
 #135

Some example, you deposit 100 USD, you use martingale method to gain at least 1 dollar (1%) and you stop, and do the same the day after

This is just a random example I made right now, but I want to see if there's someone who try to use a strategy to gain very small profits daily instead of trying with big bets

And guys, I know there's no 100% strategy, it's just curiosity

Their is not such a strategy that would give you profits.
The more you gamble the more you are going to lose. So if you try to hit small winnings every day the bad thing that you do is that you gamble in a lot of bet which decrease your possibility of making profits.

To make it short, gambling is really not meant to earn profit. It's only for entertainment. People just find a way to earn profit from it because it is easier in gambling. They don't realize that it is based on luck and strategies doesn't work on it.
Gambling isn't meant for earning, but the way it has got developed has made people have a thinking over gambling as a way to earn than an entertainment source. Strategies and facts go unsuccessful with gambling, but there are people who make an regular earning out of the same. Everyone cannot expect the same, because to reach such a level what those users have lost seems to be very big.

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August 12, 2019, 05:45:48 PM
 #136

The only way to get a static income is investment. OP is thinking that he will be able to farm the casino every day and keep winning but it's impossible. You'll keep winning every day 10 dollars a day and one day you'll lose 20 and get yourself back 2 days in schedule.

It's possible to play on a regular basis and keep winning something every month but it will never be a stable income.
Winning every month is not even a guarantee. There are some months that there will not even be a single win. It will be a big mistake for anyone to depend on gambling as  a means of income except that person is ready to starve during the times it does not pay off.

I see the OP as one person that believes so much in gambling and the profits it can bring, maybe the reason he is looking for strategies but at the end of the day, he will be given strategies that would fail him and end up losing his money. The money that could have been invested into other business to bring more profit. To the OP, my advice, gambling is just a game where we can have fun and make new friends. We can get money along the line though, but you can’t make money daily and there are no strategies for these. Thank you.

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August 12, 2019, 09:57:55 PM
 #137

Some example, you deposit 100 USD, you use martingale method to gain at least 1 dollar (1%) and you stop, and do the same the day after

This is just a random example I made right now, but I want to see if there's someone who try to use a strategy to gain very small profits daily instead of trying with big bets

And guys, I know there's no 100% strategy, it's just curiosity
It is possible to do, but once we lose with that strategy, it will take  a lot of bet again to get our capital back. Maybe if in gambling, just rely on your luck especially for dice gambling games so we not really stress about strategy.

I do believe that bet $1 per day with 2x payout is better than spending $100 for $1. I will just bet $1 every day for 100 days, no matter what is the result of the bet each day then I wont continue betting so there will be only 2 possibilities. Win or lose $1 max for every single day. Just hoping for good luck on every bet. The main purpose is to minimize risk of losing $100 in a day for $1 only but still has the chance to earn $1.

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August 13, 2019, 12:37:08 AM
 #138


Wow, 8 years of gamble
Have you ever tried this strategy stated on my thread?
Do you have some strategy to keep gambling or you just do for fun?
Lenght or how long he gamble doesn't mean he is already successful right now (he is still joined on signature campaign though, so you knoe the answer) . Each of people should be at least tried martingale strategy, the difference only from their bet.
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August 13, 2019, 07:01:56 AM
 #139

I don't understand this part because, in my opinion, you are significantly increasing the chances of losing all your balance by such actions

As I've written above, there is a lot of in between

Indeed, you can be significantly increasing the chances of losing all. However, you can still play on a safer side while giving some leeway to variance in profit potential since, as you said yourself (and which I totally agree with), you are risking your whole balance anyway. So why not make this risk worth the effort (and your balance)? Well, at least a little bit worthier that just earning 1 satoshi at the end of each losing streak. Basically, we are having two extremes - one of earning the least possible (1 satoshi), the other of quickly losing the whole balance (10 BTC) in half a dozen bets

I agree with you. I had this feeling, and more than once actually, the feeling of regret that I didn't risk more in order to win much more in a certain period of time, instead of earning 1 satoshi in 3 seconds, on average, after hitting a killing losing streak after an hour of rolling. After you lose, you think any other strategy would be better. Smiley But, in fact, all of them are the same, regarding the probability of winning a certain amount within a certain period of time.

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August 13, 2019, 07:19:35 AM
 #140

I agree with you. I had this feeling, and more than once actually, the feeling of regret that I didn't risk more in order to win much more
why dont you try to bet more next time ?  See if this work best for you  .  win or loose atleast you have tried  . if you loose this kill the guilt that you feel but if you win well its up to you if you will get tempted to try and risk again or will you return on your comfort zone  .

After you lose, you think any other strategy would be better. Smiley But, in fact, all of them are the same, regarding the probability of winning a certain amount within a certain period of time.
I think using strategy will only make your winning chances became lesser and harder to achieve because your delaying your bets like for example when we use martingale where we will usually start at a verry low amount or in my case i use 1 sats   .   i have realize it and now i dont use such stratgeies anymore
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