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Author Topic: Bustabit strategy  (Read 464 times)
Daniboot (OP)
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September 08, 2019, 05:53:11 AM
 #1

  Hi. What you think about this.

  https://imgur.com/a/kE3xrQd

  Simulated with https://mtihc.github.io/bustabit-script-simulator/

 
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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September 08, 2019, 06:44:37 AM
 #2

Is it just another random strategy? You are playing on xx multipler, set % after lose and change the bet when your bet is lose.
All strategies in gambling are same, It will be busted in the end. Anyway, nice 0.098BTC profit, but you still lose around 0.02BTC
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September 08, 2019, 09:17:14 AM
 #3

well , i have no idea .
basically,its same like dice strategy anyway.
but well, u do it so well.
i just think strategy like this just for wasting time.
because , basicaly games like bustabit , jackpot (or 5x++) can be happened sometimes, just wait and patience , different from dice games.

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September 08, 2019, 09:20:55 AM
 #4

in bustabit lowest bet is 1bit, so profit is almost 10btc in 2 million games.

It depends on the winning rate. If the rate is 0%, he could make no profit in 2 million games. If the rate is 100% he could make 2million bit in 2 million games
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September 08, 2019, 09:32:35 AM
 #5

in bustabit lowest bet is 1bit, so profit is almost 10btc in 2 million games.

It depends on the winning rate. If the rate is 0%, he could make no profit in 2 million games. If the rate is 100% he could make 2million bit in 2 million games
So someone expecting 100% win rate for the pure lucky games in the straight streak of 2 million times. Huh

As far as I know no strategy gives us win money for sure in gambling.
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September 08, 2019, 07:16:27 PM
 #6

I once watched a video when a guy showed how he won quite a lot with his fancy roulette strategy. And he might have been successful for some time indeed! But the most liked comment under the video was from a person that said this strategy made him lose a lot. This can also be the case with this bustabit thing. Sure, you can find an approach (or just play based on your hunch) and start winning. But it's not sustainable, eventually, you'll lose anyway. The mathematics, you can't beat it. Crash has too much randomization, just like dice and roulette. Nobody says you can't win once or for a couple of times. You just can't make regular money out of it.

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September 08, 2019, 08:23:21 PM
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 #7

I once watched a video when a guy showed how he won quite a lot with his fancy roulette strategy. And he might have been successful for some time indeed! But the most liked comment under the video was from a person that said this strategy made him lose a lot. This can also be the case with this bustabit thing. Sure, you can find an approach (or just play based on your hunch) and start winning. But it's not sustainable, eventually, you'll lose anyway. The mathematics, you can't beat it. Crash has too much randomization, just like dice and roulette. Nobody says you can't win once or for a couple of times. You just can't make regular money out of it.

I saw those Youtube videos in the past and it wasn't only for Bustabit or Roulette or even Dice. They basically make a video and they used to turn 50000 Sats into 1 BTC or so. And looking at the video it seemed legit and it was some "strategy" that they had and they either wanted money for that strategy or worse.

Basically it worked like this. They post a few videos on Youtube and it looks like they are making money with dice. Then in the description it says if you would like this "script" then email them. And the comments are ALWAYS DISABLED.

So you email them and they tell you that they want 10% of the profits and if you don't make money then they don't get anything. So most people would say its fair, because if somebody wins 1 BTC with their script, then most people won't care about giving them 0.10 BTC. However the script requires API access or worse the username/password for your dice account, once that is given they usually login and steal all your BTC and disappear.

This has been happening for years and Youtube is always slow at removing these videos.

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September 08, 2019, 09:17:32 PM
 #8

Excellent & detailed breakdown of how that scam works adaseb, nice job  Cool

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September 08, 2019, 10:26:04 PM
 #9

I agree with the Youtube thingy, seen lots of them in years and it makes you really wonder if those scripts really work. To be frank, I tried one script, it really work in the beginning, but there's one thing I forget: house edge and probability. So whatever script you used, if you are too greedy to make more money even though you have won already, chances are, house edge with caught on you in the end.

R


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September 09, 2019, 12:37:01 AM
 #10

I don't really trust strategy from strangers. I like to create my own strategy in gambling and just experiment on it. I will try to check it. But I am very sure that no strategy will ever last long. No matter how safe it is it will be a bust in the end if you will not be careful.

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September 09, 2019, 09:22:58 AM
 #11

Thanks guys for your opinion. I think to give this setup a chance. I did at least 400 simulations with different variables and this one survives all bustabit games for now. And have best bankroll - profit percentage.
Honestly, this strategy just like any other strategy will 100% fail in the long term which is why I advise taking your profits and running for the door asap in the short term. 400 sample size is way too small.

I have seen countless strategies fail in the long term just like the one you mentioned. Don't be greedy op. Take the short term profits.

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September 09, 2019, 10:34:39 AM
 #12

Thanks guys for your opinion. I think to give this setup a chance. I did at least 400 simulations with different variables and this one survives all bustabit games for now. And have best bankroll - profit percentage.
Honestly, this strategy just like any other strategy will 100% fail in the long term which is why I advise taking your profits and running for the door asap in the short term. 400 sample size is way too small.

I have seen countless strategies fail in the long term just like the one you mentioned. Don't be greedy op. Take the short term profits.

Haunebu with some solid advice. Sample size is too small, and anyway do you really believe that they are offering a game that can beaten with "the right strategy"?

If you want to play, play for fun to small stakes. Otherwise, leave it alone.

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September 09, 2019, 11:18:34 AM
 #13

Thanks guys for your opinion. I think to give this setup a chance. I did at least 400 simulations with different variables and this one survives all bustabit games for now. And have best bankroll - profit percentage.
Honestly, this strategy just like any other strategy will 100% fail in the long term which is why I advise taking your profits and running for the door asap in the short term. 400 sample size is way too small.

I have seen countless strategies fail in the long term just like the one you mentioned. Don't be greedy op. Take the short term profits.
It's a fact that all, not countless, strategies will fail in the long run. That's why there's such a thing as a house edge.

Almost any strategy can and will work in the short term, just a matter of when it will fail users.

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September 09, 2019, 03:19:23 PM
 #14

At first I liked it, that script works very well, maybe it can be modified a bit and make it learn, if programming can be added in AI it would be more accurate, in addition the probability varies according to the seed when it is changed, the possibilities they increase exponentially, there are many numbers that they would be giving.

The strategy I think would work by applying it very rarely with high sums, after it works, you should immediately make a change of strategy, maybe make random plays.And if I share that the house always has the advantage, it is the law that is always fulfilled.

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September 09, 2019, 05:31:06 PM
 #15

  Hi. What you think about this.
Im aint already interested to check out some strategies that been tried to be shared up by someone because it do works and give out profits.
Come to think that strategies might work or not depending on how lucky you are.If it did make some money for you then Congratulations,if not then
better luck next time and thats how gambling works.

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September 09, 2019, 05:52:23 PM
 #16

I saw those Youtube videos in the past and it wasn't only for Bustabit or Roulette or even Dice. They basically make a video and they used to turn 50000 Sats into 1 BTC or so. And looking at the video it seemed legit and it was some "strategy" that they had and they either wanted money for that strategy or worse.

Basically it worked like this. They post a few videos on Youtube and it looks like they are making money with dice. Then in the description it says if you would like this "script" then email them. And the comments are ALWAYS DISABLED.

So you email them and they tell you that they want 10% of the profits and if you don't make money then they don't get anything. So most people would say its fair, because if somebody wins 1 BTC with their script, then most people won't care about giving them 0.10 BTC. However the script requires API access or worse the username/password for your dice account, once that is given they usually login and steal all your BTC and disappear.

This has been happening for years and Youtube is always slow at removing these videos.

Anybody who believes that they can defeat the house edge with complex formulas and tricks is bound to get wrecked at some point.

I guess having their money stolen in an instant is less hassle than running the script, eventually losing, then wasting both your time and money.

It's quite easy to edit a video so that it appears that the script is working, that should not be evidence of success.

The only way to truly beat the house edge is to compromise their backend. However, anybody who managed to do that wouldn't announce it, and certainly wouldn't sell the method.
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September 09, 2019, 07:03:32 PM
 #17

Honestly, this strategy just like any other strategy will 100% fail in the long term which is why I advise taking your profits and running for the door asap in the short term. 400 sample size is way too small.

I have seen countless strategies fail in the long term just like the one you mentioned. Don't be greedy op. Take the short term profits.
I second this. 400 as a sample size is way too small and might give you a false comfortable feeling with your strategy. Chances are very high that you get rekt when you try your script with your own money.

Anyways its plain simple: The algorithms are usually bullet proof and cant be fooled with a "strategy" as far as there are no major bugs in the code. The longer a site runs the lesser is the probability that there are such critical bugs in the code because the house usually monitors its statistics closely and would see any flaw immediatly.

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September 09, 2019, 07:50:10 PM
Last edit: September 09, 2019, 08:06:49 PM by RHavar
 #18

The only way to truly beat the house edge is to compromise their backend.

Another possibility is to find and abuse weaknesses of sha256 which is used to generate the game-outcomes and the  hashchain itself. There was a guy a while ago, who did some pretty hardcore analysis and was able to find some statistical biases which would make some numbers slightly more likely to come up than others (I forgot the exact conditions though). The biases he found were several million times too weak to beat the house edge, but it's conceivable with a sufficient amount of cryptanalysis you could detect patterns.

A question I've often wondered, is if you used a really well-studied and super broken hash function like md5 -- is that sufficiently broken enough that people would be able to actually find abusable patterns?

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
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September 09, 2019, 10:13:15 PM
 #19

 Smiley
To be frank, I tried one script, it really work in the beginning, but there's one thing I forget: house edge and probability.
This is exactly their trick. They make you believe that the script is working and you can earn more till you lose all your money or your account gets suspended.
Don't get fooled and remember that "the house always wins".



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September 10, 2019, 03:15:57 AM
Last edit: September 10, 2019, 04:35:28 AM by Upgrade00
 #20

It's a fact that all, not countless, strategies will fail in the long run. That's why there's such a thing as a house edge.

Almost any strategy can and will work in the short term, just a matter of when it will fail users.

I'm just getting to understand the concept of house edge. It seems a little like an insurance policy to ensure a certain amount of profits go to the house.
Do you think this can be implemented in actual games like sports, animal races etcetera? Or those depend solely on bookmarkers who set the odd to reduce the probability (or amount) of winnings based on possible predictions.

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