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[Betwrong]

Thanks for your replies, panjul07 and ralle14!

Yes, I wanted to hunt the jackpot, and, yes, I was going to bet with 1.01x payout. But after checking the stats for users with profit, I realized that 0.002 BTC is far from being enough for that purpose. In most cases, those users who's cumulative profit is positive have played thousands or even tens of thousands rounds. For example, user anarchy, who's cumulative profit is 3,389.92 mBTC (amazing profit indeed!) played 166,120 rounds. Another user, qwerty, profit = 1,620.05 mBTC, played 83,327 rounds. User zergrush, profit = 1143.61 mBTC,  rounds played = 167,597. And so on.

Also, I remember reading a post by yahoo62278 in the chat, saying that he had 8 instant crashes within 40(or 80, I can't remember exactly, and it's no longer in the chat) bets. Well, even if it's 80, the probability of hittting the jackpot within 80 bets is extremely small, and 8 instant crashes would kill my 0.002 BTC, leaving me with an amount not enough for making another bet.

All in all, I decided not to deposit my money on this site.

[yahoo62278]

Also, I remember reading a post by yahoo62278 in the chat, saying that he had 8 instant crashes within 40(or 80, I can't remember exactly, and it's no longer in the chat) bets. Well, even if it's 80, the probability of hittting the jackpot within 80 bets is extremely small, and 8 instant crashes would kill my 0.002 BTC, leaving me with an amount not enough for making another bet.

All in all, I decided not to deposit my money on this site.

I played the site a little. Initially I wasn't exactly JP hunting but playing for wins on the crash game its self. Lost about .08btc doing that. Not the sites fault or anything, just didn't cash out before the crash.

Then I started JP hunting like I see all the other guys doing, playing x1.01 or x1.02 mostly and the game does crash an awful lot at 1. You're correct in what you posted you saw in chat. The game crashed 8 times at 1 in 40 bets. I don't know if that happens consistently though. Just happened to happen on that deposit.

I did manage to hit a couple mini jackpots here and there and get my account back to positive, so it is possible to win.

[justdimin]

@Betwrong
You should definitely try to do some sort of martingale but with some twist. For example, if you do 1.01 then you gamble you will win almost all the time except few times in couple hundred. Which means if you lose and then make some sort of 10x or whatever higher bet on the next one there is a big chance you will win the next one.

Of course, that is only when you want to gamble for the gambling part, if you want to gamble for the jackpot part then you can just simply put the minimum easily up there and then wait for it, it is not automated as far as I know when it comes to jackpot and clicking and so forth so I would suggest just putting all your money into minimum betting to reach the jackpot levels. That would help you play a lot for a long time and you may end up hitting one jackpot which will make it even longer.

[Bitinity]

@Betwrong
You should definitely try to do some sort of martingale but with some twist. For example, if you do 1.01 then you gamble you will win almost all the time except few times in couple hundred. Which means if you lose and then make some sort of 10x or whatever higher bet on the next one there is a big chance you will win the next one.

Of course, that is only when you want to gamble for the gambling part, if you want to gamble for the jackpot part then you can just simply put the minimum easily up there and then wait for it, it is not automated as far as I know when it comes to jackpot and clicking and so forth so I would suggest just putting all your money into minimum betting to reach the jackpot levels. That would help you play a lot for a long time and you may end up hitting one jackpot which will make it even longer.

I read betwrong post and he said that he wanted to deposit 2mbtc only. With this amount and with the minimum bet at Rocketpot, he wont be able to do your suggestion as simply he wont be able to bet 2.5mbtc if he lose the 0.25mbtc Eventually he decided to not deposit as it is not a site for him, as I know he is a type of gambler who do not want to bet bigger amount than he can afford to lose. As he posted previously when replying to my post somewhere else, he said that his max bet amount is no more than 0.25mbtc.

[Betwrong]

@Betwrong
You should definitely try to do some sort of martingale but with some twist. For example, if you do 1.01 then you gamble you will win almost all the time except few times in couple hundred. Which means if you lose and then make some sort of 10x or whatever higher bet on the next one there is a big chance you will win the next one.

Of course, that is only when you want to gamble for the gambling part, if you want to gamble for the jackpot part then you can just simply put the minimum easily up there and then wait for it, it is not automated as far as I know when it comes to jackpot and clicking and so forth so I would suggest just putting all your money into minimum betting to reach the jackpot levels. That would help you play a lot for a long time and you may end up hitting one jackpot which will make it even longer.

I read betwrong post and he said that he wanted to deposit 2mbtc only. With this amount and with the minimum bet at Rocketpot, he wont be able to do your suggestion as simply he wont be able to bet 2.5mbtc if he lose the 0.25mbtc Eventually he decided to not deposit as it is not a site for him, as I know he is a type of gambler who do not want to bet bigger amount than he can afford to lose. As he posted previously when replying to my post somewhere else, he said that his max bet amount is no more than 0.25mbtc.

Correct, betting with more than I can afford to lose is something I want to avoid. It's not that I always succeed in this regard, but I'm trying my best to.

Also, if I'd lose 0.25 mbtc, playing with 1.01x, and then 10x my bet and won, I would get back only 10% of what I lost previously.

2.5mbtc x 1.01 = 2.525

The profit from this win is 0.025mbtc. To recover 0.25mbtc with 1.01x bet, one should risk 25mbtc, and that's what I'm definitely not doing, even with 98% win chance.

[davinchi]

The game crashed 8 times at 1 in 40 bets. I don't know if that happens consistently though. Just happened to happen on that deposit.

This could be a very well educational post for the people who chase rare instances, for example there are a lot of people who start betting after the a quick-crash happens because it is unlikely that it happens again that quickly but as you can see it does.

Considering the game is provably fair and the results are not controllable, I feel like it was just bad luck, now normally crashing 8 times at 1 in 40 tries is something very rare but when the game is provably fair we could assume it was just a play on a day where luck was not in favor.

I don't know the odds but there has been a lot of talks about how bad beats could happen back to back and good ones can happen back to back as well, this must have been just one of those instances.

[TheRocketman]

YouTube videos starting to show up

https://www.youtube.com/watch?v=dandwvuO7E4

[hosemary]

I don't know the odds but there has been a lot of talks about how bad beats could happen back to back and good ones can happen back to back as well, this must have been just one of those instances.

The house edge in Rocketpot is 2.5%. So, if you cashout at x, your chance to win the bet is 0.975/x. For example, if you cashout at 2.00 your chance to win the bet is 0.4875 or 48.75%.
Most of the gamblers in Rocketpot bet on 1.01x. Their chance to win the bet is 0.965 or 96.5%. This means that the probability of rocket crashing at 1.00 is 3.5%.
So, in every 29 games, 1 rocket is expected to crash at 1.00

[hopenotlate]

I don't know the odds but there has been a lot of talks about how bad beats could happen back to back and good ones can happen back to back as well, this must have been just one of those instances.

The house edge in Rocketpot is 2.5%. So, if you cashout at x, your chance to win the bet is 0.975/x. For example, if you cashout at 2.00 your chance to win the bet is 0.4875 or 48.75%.
Most of the gamblers in Rocketpot bet on 1.01x. Their chance to win the bet is 0.965 or 96.5%. This means that the probability of rocket crashing at 1.00 is 3.5%.
So, in every 29 games, 1 rocket is expected to crash at 1.00

Where did you get that 2.5% house edge?
"Rocketpot's house edge is 1.5% or less " as per their FAQ section : https://rocketpot.io/faq/

[hosemary]

I don't know the odds but there has been a lot of talks about how bad beats could happen back to back and good ones can happen back to back as well, this must have been just one of those instances.

The house edge in Rocketpot is 2.5%. So, if you cashout at x, your chance to win the bet is 0.975/x. For example, if you cashout at 2.00 your chance to win the bet is 0.4875 or 48.75%.
Most of the gamblers in Rocketpot bet on 1.01x. Their chance to win the bet is 0.965 or 96.5%. This means that the probability of rocket crashing at 1.00 is 3.5%.
So, in every 29 games, 1 rocket is expected to crash at 1.00

Where did you get that 2.5% house edge?
"Rocketpot's house edge is 1.5% or less " as per their FAQ section : https://rocketpot.io/faq/

The house edge is 1.5% or less if the jackpot is taken into account. If the jackpot is not considered the house edge is higher. As I was calculating the probability of hitting 1.00, so I didn't consider the portion of house edge that goes to jackpot.
As far as I know 1-1.5% of the house edge goes to jackpot.

[leea-1334]

@Betwrong
You should definitely try to do some sort of martingale but with some twist. For example, if you do 1.01 then you gamble you will win almost all the time except few times in couple hundred. Which means if you lose and then make some sort of 10x or whatever higher bet on the next one there is a big chance you will win the next one.

Of course, that is only when you want to gamble for the gambling part, if you want to gamble for the jackpot part then you can just simply put the minimum easily up there and then wait for it, it is not automated as far as I know when it comes to jackpot and clicking and so forth so I would suggest just putting all your money into minimum betting to reach the jackpot levels. That would help you play a lot for a long time and you may end up hitting one jackpot which will make it even longer.

This sounds like a really bad strategy to me,,, especially if you play a lot you know that the previous bet or bets has no effect on your next bet.

So in your strategy, it says if I lose at 99%, then my next bet means I can win at 10% chance? It will set you up for big losses very fast.

JP gambling is a strat too actually,,, and a lot of people try it;)

[davinchi]

No, that is not how it is, you gamble lets say 100 satoshis and you gamble on 99% chance of winning (or was it 98% I forgot) that means for every 100 bets you will lose 1 time, now that is the average. So, if you end up with one loss then you still bet on 99% chance of winning, that doesn't change, you still have 1% chance of losing but this time you gamble on 100k satoshi instead of 100, now of course you can still lose but that doesn't mean that you will lose, there is a 99% chance of winning, could it be a loss?

But, mathematically it is a low risk of gambling which is why I still think it is a good idea. Of course, everyone has their own strategy, of course all strategies end up losing in the end but I feel like this is a much better method compared to regular martingale of 2x anytime you lose.

[FanEagle]

--snip

This sounds like a really bad strategy to me,,, especially if you play a lot you know that the previous bet or bets has no effect on your next bet.

So in your strategy, it says if I lose at 99%, then my next bet means I can win at 10% chance? It will set you up for big losses very fast.

JP gambling is a strat too actually,,, and a lot of people try it;)

Usually I do not care what type of strategy you find, in the end there is a house edge and that equals to you losing all your money. You can gamble anyway you want, it is not going to work. The only good part of this website that doesn't really require any sort of strategy is the jackpot.

If you win the jackpot that means there is nothing else you need to do and I am very glad for it because you can just gamble with the basic minimum and do your casual martingale or whatever and in the end even if you lose too many times in a row you could actually get your money back from the jackpot, yes it is just luck and you may never get it but it drops the house edge to a lot lower when you are always gambling. I am sure someone will even make a bot for this website to chase the jackpots one day.

[Betwrong]

No, that is not how it is, you gamble lets say 100 satoshis and you gamble on 99% chance of winning (or was it 98% I forgot) that means for every 100 bets you will lose 1 time, now that is the average.

As far as I know, betting on 1.01x payout gives you 98% win chance, so you can lose 2 times within 100 bets, and that's important.

So, if you end up with one loss then you still bet on 99% chance of winning, that doesn't change, you still have 1% chance of losing but this time you gamble on 100k satoshi instead of 100, now of course you can still lose but that doesn't mean that you will lose, there is a 99% chance of winning, could it be a loss?

Yes, it perfectly can. I myself won with two 99x payouts in a row several times on various dice sites, so I know that two losses in a row are possible too.

Now, imagine what happens on this particular site, if you follow the strategy you described. After loosing 0.00025 BTC(min bet on Rocketpot), you place 0.025 BTC bet, and, although you have 98% of winning that bet, you can also lose it right away. And then, what to do next? Not to mention that I would not recommend depositing 0.025 BTC on any site to gamble with it.

[davinchi]

Of course, two losses in a row is possible but it is a very low odds and when you are working to get your wagered up it is not really that much of a big deal to actually risk that. Yes, there are other methods to actually win or there are actually no methods that would guarantee a win since there is a house edge but this has been the only way of going as long as possible without losing too much money for me.

Sure, it is still not a perfect method and sure you can have two losses in a row early on and stop instead of having it late and maybe not even have any but it looks like the best method I figured out so far. If anyone else has a much better method please let me know and I would give it a chance as well and test it, I never claim mine is best, I just claim this is the best "I" found.

[bering]

If we talking about the strategies i just remember several years ago there was a person use unique strategy that he was use 1 btc for each bets and before the rocket crashed he stopped it at 1.01 or 1.02 several times so the profit for each bets will be approximately 0.01 - 0.02 btc and after 2 or 3 times attempts he stopped the bets and leave the game but in my view the profit will be good although this is fully of risk but rather than bets with low amount i think this strategy is more effective

[yahoo62278]

If we talking about the strategies i just remember several years ago there was a person use unique strategy that he was use 1 btc for each bets and before the rocket crashed he stopped it at 1.01 or 1.02 several times so the profit for each bets will be approximately 0.01 - 0.02 btc and after 2 or 3 times attempts he stopped the bets and leave the game but in my view the profit will be good although this is fully of risk but rather than bets with low amount i think this strategy is more effective

It's a terrible strategy. I've played a good amount of games and the rocket crashes quite often at x1 or x1.01. Too much risk involved risking 8000-9000$ for a 100$ win.

[Bitinity]

If we talking about the strategies i just remember several years ago there was a person use unique strategy that he was use 1 btc for each bets and before the rocket crashed he stopped it at 1.01 or 1.02 several times so the profit for each bets will be approximately 0.01 - 0.02 btc and after 2 or 3 times attempts he stopped the bets and leave the game but in my view the profit will be good although this is fully of risk but rather than bets with low amount i think this strategy is more effective

It was effective because he won the bets, wasn't it? I myself wont do such strategy even if I owns that much money because it does not worth the risk. I would rather bet low amount with higher payout instead of betting big amount with so low payout.
It is also not unique strategy as it is being used many gamblers most of the time.

[JollyGood]

If we talking about the strategies i just remember several years ago there was a person use unique strategy that he was use 1 btc for each bets and before the rocket crashed he stopped it at 1.01 or 1.02 several times so the profit for each bets will be approximately 0.01 - 0.02 btc and after 2 or 3 times attempts he stopped the bets and leave the game but in my view the profit will be good although this is fully of risk but rather than bets with low amount i think this strategy is more effective

It's a terrible strategy. I've played a good amount of games and the rocket crashes quite often at x1 or x1.01. Too much risk involved risking 8000-9000$ for a 100$ win.

Of those crashes at x1 or x1.01 do you think there is anything untoward going on are you satisfied that everything is above board?

[virasog]

If we talking about the strategies i just remember several years ago there was a person use unique strategy that he was use 1 btc for each bets and before the rocket crashed he stopped it at 1.01 or 1.02 several times so the profit for each bets will be approximately 0.01 - 0.02 btc and after 2 or 3 times attempts he stopped the bets and leave the game but in my view the profit will be good although this is fully of risk but rather than bets with low amount i think this strategy is more effective

You need to be indeed very lucky if you use a full bitcoin in the rocket games. There are times when the rocket crashed even before the 1. What if the rocket crashes at 0.25 and your 1 bitcoin is left to only 0.25.  Only who have many bitcoins can take such risk and i would not call him a sensible person if anyone do take this big risk.