Jating
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December 15, 2019, 05:45:27 PM |
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Of course, that player is living what every gambler wanted to be, take the bold risk or go home.
But I think casino operators are all aware of this and I wouldn't say that they are afraid, because sooner or later someone will come back again, play that same pattern and loss. And that is why max bet are put into place, to at least stop whales from running out casinos bankroll.
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imstillthebest
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December 17, 2019, 03:56:42 PM |
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Of course, that player is living what every gambler wanted to be, take the bold risk or go home.
But I think casino operators are all aware of this and I wouldn't say that they are afraid, because sooner or later someone will come back again, play that same pattern and loss. And that is why max bet are put into place, to at least stop whales from running out casinos bankroll.
but they can just bet small if not max bet or bet any other currency to continue playing and winning if ever they can and i see that other whale gamblers create a new account so that they can continue smashing the gambling site but owners are i think aware with these tactics but you are still right that not all are going to be the winner . from 3 out of 10 i think the 3 are only the winners but the rest 7 are loosers so owners still continues to profit . this is why they are brave to face dangerous players .
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Ucy
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December 17, 2019, 04:30:57 PM |
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He might be bold but he should also be wise on when to stop and when to continue, I have seen players like that who bet big amount just to chase the winning roll, but this kind of people although bold are sometimes reckless and put more funds in the hope of betting more thinking that he can beat the house not only once, or twice but continuously and this is where the problem comes.
Maybe the player is trying to expand or scale up his/her strategy. A good player will probably try to experiment with some strategies that work sometimes on larger scale. Example: he plays a strategy called Paroli (found here: https://bitcointalk.org/index.php?topic=5206782.0) for four days, to win some days and lose some days in hopes of winning more days and making profits?
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fortunecrypto
Legendary
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December 17, 2019, 04:35:00 PM |
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What story teller wanted to say?
OP meant that if you are a fearless gambler, your chances of winning are higher as opposed to a person who do not take big risk in gambling. Although I somewhat agree that you should have appositive mode when you play gambling and should have belief in yourself that you will win but again sometimes the luck even do not help the brave too. It will also make you lose big if you take more risky moves. Being bold doesn't guaranty you a win, you still have to take a chance, even if you take the game in a calculated way, the chances are still there that you are going to lose, but big bettors can always extend their bet until they reach the win that they want, one of the cases is the martingale method, where doubling your bet for every lost as long as you have funds or can add.
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Eclipse26
Sr. Member
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bullsvsbears.io
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December 17, 2019, 04:55:22 PM |
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It isn't just about being bold. Actually being bold in gambling is good but that's not enough. You also have to be analytical. What's the sense of confidence in betting big amount of money if you don't think carefully and you don't analyze things before betting. Sometimes too much confidence isn't good. You can earn big time but with higher risk of losing your money big time. And why would casinos be afraid of this kind of gamblers when they the edge over the gambler?
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joshy23
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December 17, 2019, 05:03:35 PM |
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Of course, that player is living what every gambler wanted to be, take the bold risk or go home.
But I think casino operators are all aware of this and I wouldn't say that they are afraid, because sooner or later someone will come back again, play that same pattern and loss. And that is why max bet are put into place, to at least stop whales from running out casinos bankroll.
I agree to that, as whales can easily play and sucked the house bankroll if they won't put any limitations. Those big fat whales who can easily bets high rolls and continue doubling then after winning will simply go and bring all the winnings. Take the risk but use your resources to increase your chances to win over the house.
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btc_angela
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December 18, 2019, 11:10:10 AM |
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It isn't just about being bold. Actually being bold in gambling is good but that's not enough. You also have to be analytical. What's the sense of confidence in betting big amount of money if you don't think carefully and you don't analyze things before betting. Sometimes too much confidence isn't good. You can earn big time but with higher risk of losing your money big time. And why would casinos be afraid of this kind of gamblers when they the edge over the gambler?
Gamblers mindset is different though, they don't used logic here, they just wanted to win that's all. As for being bold, I'm just surprised though that some insider like the OP has admitted that they're afraid of this kind of players? Correct me if I'm wrong here. I guess it's fairly to assume that online casino's themselves can be call barracuda as well?
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coin-investor
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December 18, 2019, 01:15:10 PM |
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CAUTION: I am not telling you to do this. I wanted to share an inside perspective on what Betbit.com considers a "dangerous" player and why. As many know I represent Betbit.com. Recently we have a fearless player from this forum that logs in and wins 200mBTC on a 100mBTC deposit in less than 15 minutes on many occasions. The reason why I am posting is to congratulate him (will not be named) and tell the community a little secret about what brands consider dangerous players. The players who make admins nervous are those who bet large amounts in short periods of time. It's actually more specific than that. Here's a real-world example that is recent. A player has recently deposited 100mBTC. He plays classic live dealer blackjack (Shameless link insert ). He originally plays with 25mBTC per hand. He doubles down on subsequent bets. First 25, then 50, then 100. He can go higher, but he withdrawals after around 200mBTC. Bitcoin casinos can get in trouble because the deposits and withdrawals are fast without interference from a human cashier. instant. These players come like Barracudas sttacking prey and leaving quickly having feasted. Let's go over real quickly why. In small data-sets, there is more statistical variance. More opportunity to go against the theoretic odds. In classic blackjack, playing Basic Strategy, the odds are about 99.4%. The more hands you play, the closer you are going to get to 99.4%. This player defies the odds of small sample sizes. Don't get me wrong. The player can and does lose on occasion. You can lose everything really fast as well. We can consider this kind of player as a veteran who has played hundreds of times before and have established a calculated method of betting in this manner, those who play for fun I doubt will do that, but whoever he is I'm pretty sure he is a certified gambler who knows his game very well.
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GSpgh
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December 18, 2019, 02:05:05 PM |
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Let's go over real quickly why. In small data-sets, there is more statistical variance. More opportunity to go against the theoretic odds. In classic blackjack, playing Basic Strategy, the odds are about 99.4%. The more hands you play, the closer you are going to get to 99.4%. This player defies the odds of small sample sizes.
That's not how probabilities work. The chance to win or lose any individual game is the same regardless of sample size. Casino's sample size is large enough anyways so even accepting your premise they still don't have anything to worry about.
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swogerino
Legendary
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Play Poker on Telegram
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December 18, 2019, 02:33:17 PM |
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Fortune not always favors the bold and this is especially true in gambling.I don’t get what you want to say with this thread and why is he a dangerous player for your company,because he won sometimes,we all know in the long run the house edge cannot be beaten.He will lose I am sure of it if he continues to play in the same style.Luck cannot be forever by one side.
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dothebeats
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December 18, 2019, 02:37:19 PM |
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These same people are sometimes just feeling lucky and trying out all their luck with the spare money they have. They can easily lose that money without hesitations nor regrets that's why they do it swift. They know what they came for, and when they got it, they leave, and that IMO is a rare gambler who has a strict discipline code which a huge portion of the gamblers are lacking.
On dice sites, this always happens though established platforms consider these players as welcome guests and not actually a dangerous entity.
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Webetcoins
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December 18, 2019, 03:21:13 PM |
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What story teller wanted to say?
OP meant that if you are a fearless gambler, your chances of winning are higher as opposed to a person who do not take big risk in gambling. Although I somewhat agree that you should have appositive mode when you play gambling and should have belief in yourself that you will win but again sometimes the luck even do not help the brave too. It will also make you lose big if you take more risky moves. Being bold doesn't guaranty you a win, you still have to take a chance, even if you take the game in a calculated way, the chances are still there that you are going to lose, but big bettors can always extend their bet until they reach the win that they want, one of the cases is the martingale method, where doubling your bet for every lost as long as you have funds or can add. The issues with gambling are that this game is based on luck and is always or you can say usually manipulated by the house. No matter how much calculated you stay, you are always going to fear losses and risk never reduces no matter how you stay active and vigilant about your bets, you cannot control the results. All in all, gamble simply for fun and go with big bets once a week. You cannot control results but can control your game time and greed.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Triffin
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December 18, 2019, 04:57:22 PM |
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CAUTION: I am not telling you to do this. I wanted to share an inside perspective on what Betbit.com considers a "dangerous" player and why. As many know I represent Betbit.com. Recently we have a fearless player from this forum that logs in and wins 200mBTC on a 100mBTC deposit in less than 15 minutes on many occasions. The reason why I am posting is to congratulate him (will not be named) and tell the community a little secret about what brands consider dangerous players. The players who make admins nervous are those who bet large amounts in short periods of time. It's actually more specific than that. Here's a real-world example that is recent. A player has recently deposited 100mBTC. He plays classic live dealer blackjack (Shameless link insert ). He originally plays with 25mBTC per hand. He doubles down on subsequent bets. First 25, then 50, then 100. He can go higher, but he withdrawals after around 200mBTC. Bitcoin casinos can get in trouble because the deposits and withdrawals are fast without interference from a human cashier. instant. These players come like Barracudas sttacking prey and leaving quickly having feasted. Let's go over real quickly why. In small data-sets, there is more statistical variance. More opportunity to go against the theoretic odds. In classic blackjack, playing Basic Strategy, the odds are about 99.4%. The more hands you play, the closer you are going to get to 99.4%. This player defies the odds of small sample sizes. Don't get me wrong. The player can and does lose on occasion. You can lose everything really fast as well. We can consider this kind of player as a veteran who has played hundreds of times before and have established a calculated method of betting in this manner, those who play for fun I doubt will do that, but whoever he is I'm pretty sure he is a certified gambler who knows his game very well. Its sounds really interesting that someone know all the winning skills and has good command over gambling there are so many dangerous gamblers who are now expert. They are not harmfully dangerous but the only reason for calling them dangerous is that other people don’t get opportunity to earn so they are hard competitors.
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Debonaire217
Sr. Member
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In Code We Trust
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December 18, 2019, 05:10:39 PM |
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If it is so, then what's stopping you or anybody else from doing the same thing? Playing high stakes for a round or 2 and walking away the moment you win? Saying that bold players fare better than others or that they're dangerous to casinos is more of a joke or maybe an attempt to make people try this strategy. You play slow you lose slow you play fast you lose fast, you cannot cheat math.
It is already a winning move if you can't get affected of the loss you have while playing in gambling sites, most of the time, who we can considered to be bold are the person that isn't learning at all, if you already win, then just be humble and keep your money. The moment you return to the gambling platform in a reason that you still want to incrrease your funds is one of the most common mistakes we do in our school.
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Heisenberg_Hunter
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Heisenberg Design Services
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December 18, 2019, 06:45:50 PM |
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If the person tends to continuously win over occasions even during a higher multiple bet, then the problem should be with the code of the gambling website or probably the gambler should have a favorable luck always. Experienced gamblers tend to lose money during multiple and repeated bets and the losing of huge bets always favors the gambling company. On the other hand, if the gambler invests his complete winnings in the gambling game regularly after a winning streak there are higher chances at one point of time the bets will favor the company and subsequently the gambler loses all his money.
Some of them tend to be satisfied with what they have won and would leave with that minimal amount before they lose further in future games. I am always against of investing huge winning bets again in the gambling, rather I would suggest to invest what I can afford to lose and have the rest withdrawn over time. At the same time, winning some games are based on strategies which might help the gambler as well in winning up their bets.
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EliteCrash
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December 18, 2019, 06:48:46 PM |
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Well I would assume so considering long term the casino would always win, so players would try to get up in the short term. Like a player going in a casino and betting $10k on one roulette spin and leaving. Instead of a player coming in with $10k and doing $100 bets.
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vintages
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December 18, 2019, 08:48:52 PM |
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So it's more like casinos owners expect the player to lose. This sum up the simple fact that some casinos owners don't want players cashing out. The player might be well talented and mastered his game well before playing. Moreover, I think before conclusion is given, the player should try planning two to three games at a stretch and see if he wins. That day he won might be one of his lucky days.
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Harvin
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December 18, 2019, 09:01:33 PM |
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I think the most important thing is that he withdraws after he makes a certain amount. I would think a decent% of gamblers who play that risky would just keep going. I'm sure for casinos or books with large bankrolls this shouldn't be a worry because if he comes back and does these risky sessions he is still playing more hands at a lesser rate of winning.
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AliMan
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December 18, 2019, 10:36:33 PM |
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CAUTION: I am not telling you to do this. I wanted to share an inside perspective on what Betbit.com considers a "dangerous" player and why. As many know I represent Betbit.com. Recently we have a fearless player from this forum that logs in and wins 200mBTC on a 100mBTC deposit in less than 15 minutes on many occasions. The reason why I am posting is to congratulate him (will not be named) and tell the community a little secret about what brands consider dangerous players. The players who make admins nervous are those who bet large amounts in short periods of time. It's actually more specific than that. Here's a real-world example that is recent. A player has recently deposited 100mBTC. He plays classic live dealer blackjack (Shameless link insert ). He originally plays with 25mBTC per hand. He doubles down on subsequent bets. First 25, then 50, then 100. He can go higher, but he withdrawals after around 200mBTC. Bitcoin casinos can get in trouble because the deposits and withdrawals are fast without interference from a human cashier. instant. These players come like Barracudas sttacking prey and leaving quickly having feasted. Let's go over real quickly why. In small data-sets, there is more statistical variance. More opportunity to go against the theoretic odds. In classic blackjack, playing Basic Strategy, the odds are about 99.4%. The more hands you play, the closer you are going to get to 99.4%. This player defies the odds of small sample sizes. Don't get me wrong. The player can and does lose on occasion. You can lose everything really fast as well. We can consider this kind of player as a veteran who has played hundreds of times before and have established a calculated method of betting in this manner, those who play for fun I doubt will do that, but whoever he is I'm pretty sure he is a certified gambler who knows his game very well. That's not considered fun playing when you invested huge amount of money, and for veterans player they always make sure that they're getting the most secured bet. These people stayed anonymous and exactly they're playing the type of gambling which they've mastered already. Being dangerous player, I don't think it's effective because in casino whether it's a crypto or fiat gambling, the system was presetted by admins for those who they wanted to win on that machine.
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sunsilk
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December 18, 2019, 10:51:36 PM |
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It's a good read actually and thank you for sharing that.
That kind of gambler made up his mind and really has the intention to win no matter what happen. And on the casino side being an admin, you shouldn't be nervous if you have found a player like that on your website.
It means that they are looking on you as trustworthy and basically has the assurance to pay the right amount if ever he wins. You should be prepared to face every kind of gambler no matter how much they gamble and how huge the risk they take.
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