Wagering More or Wagering Less

[kayvie]

It still depends on your luck, we all know that if we wager more, we will only lose especially in the long run, also, their reason for having this kind of promotion is because this is their way to attract more gamblers or increase those heavy gamblers. It is the site's profit even if they promised to give a reward because they know exactly that a lot of gamblers will bite this kind of bait.

[deisik]

Wagering more does not make you rich automatically. You may wager for years and make no profit at all, while someone might just wager for a single day and become a billionaire. It all depends on your luck

Let me tell you that I agree with you

That said, if you are implementing some strategy that allows you to take home small profits while not taking many risks (yes, it is possible), it could formally be claimed that the more you wager the higher your returns are going to be. However, we should keep in mind that you can increase the wagered amount in two ways. The first way is to increase the size of your stakes, while the second to increase the number of your rolls without changing the size of your stakes

Obviously, your returns will be consistently greater only in the second case because when you simply raise the stakes, you also raise your chances of busting. Although you could claim that more bets also increases the chances of losing the balance, this is not so for the simple reason that rolls are independent of each other unless you also happen to bet big chunks of your balance at once. But then it goes against the assumption of gaining via small winnings

[LogitechMouse]

It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your though on this ?   Wagering more makes you win more money in gambling?

It really is a general perception that more money = more profit but for me it is different.

I'm not that gambling that much but I believe that more money = more chances of winning. After all, it will go down to how lucky you are at that day. If you have a $1000, you have more chances of winning than a gambler who have 50$ only since you have a larger money but that doesn't mean that you can get more profit since the gambler who has smaller money can still win huge if he is very lucky and you who got a larger money can still lose all of it if you are unlucky.

I see a thread here who started from 100$ and his money went up to 24 and 30 ETH but lose all of it unfortunately .

[adzino]

-snip-

Let me tell you that I agree with you

That said, if you are implementing some strategy that allows you to take home small profits while not taking many risks (yes, it is possible), it could formally be claimed that the more you wager the higher your returns are going to be. However, we should keep in mind that you can increase the wagered amount in two ways. The first way is to increase the size of your stakes, while the second to increase the number of your rolls without changing the size of your stakes
-snip-

Not really. Implementing "some strategy" won't make you rich. It still depends on your luck. If strategies would have made people win, then everyone would have applied strategy and the casinos would get cleaned. They would be forced to ban those strategies in order to operate.Lets say you are playing with a martingale where you keep on doubling the your bet amount every time you lose. Unless you have a infinite amount, in the long run you will lose. The more you keep on wagering, the higher chance of getting wiped.

[South Park]

If you are a huge whale, then these wagering competitions can be a way to effectively reduce the house edge.

You are almost always still up against the odds, and will probably not come out on top, but they're certainly better than nothing.

On the other hand, if you're not a large gambler, the odds of you winning these races and competitions on most popular sites is minimal. Unless they give out prizes simply for participation, you'll probably end up losing more than you win.

Remember, all games are designed to benefit the house, for some to win, others must lose more.

Since I am not a whale and most likely I will never be I have not thought about that possibility but you are right, a gambler that bets a lot of money on those casinos can use those competitions in order to reduce the house edge against him and if the rewards are high enough the expected value of his bets could even turn positive, however if enough whales realize this then they are going to push to try to get those rewards as well in some kind of bidding war that will most likely end up with both gamblers losing more money than what they wanted.

[deisik]

That said, if you are implementing some strategy that allows you to take home small profits while not taking many risks (yes, it is possible), it could formally be claimed that the more you wager the higher your returns are going to be. However, we should keep in mind that you can increase the wagered amount in two ways. The first way is to increase the size of your stakes, while the second to increase the number of your rolls without changing the size of your stakes

Not really. Implementing "some strategy" won't make you rich

But seriously, you may want to learn about the newest and the hottest Martingale-DOGE strategy

It probably won't make you insanely rich, but I never said anything to the contrary anyway. Although it allows you to earn only small profits (the specific term I used), "a win is a win", no matter whether it is big or small, short or long. Regarding casinos banning those strategies, many have effectively already done exactly that, and a long time ago. For the Martingale-DOGE strategy to work properly, you need doges (as the name casually suggests) and you need your base bet amount to be as small as possible, ideally the lowest possible denomination of the currency. Apart from that, you would also need high betting speeds, the more the merrier. Only a few casinos fully meet these requirements and criteria, with wolf.bet being one them (no advertising or proselytizing intended)

The more you keep on wagering, the higher chance of getting wiped

Rolls are independent of each other, aren't they? It doesn't matter for how long you didn't bust as chances remain absolutely the same. I call it the Gambler's Fallacy in reverse (obviously, you are not the first to come up with this idea, that getting busted gets closer as you roll on)

[mersal]

It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your though on this ?   Wagering more makes you win more money in gambling?

Wagering amount is not always important, there are people who become millionaires with their random lottery buys and some of them never bought lottery before so just few dollars is enough to make you millionaire in gambling and there are people who wagered huge and left out with no profits so its depends only on the luck of every individual.But for wagering contest there might be a small prize amount but think again is it worth if you lose all the wagered money!

[ShowOff]

-snip-

It seems I understand what you mean. Maximize chances of victory by implementing the Martingale strategy. To be honest this strategy is very tempting and of course every user has to make more bets to get a win, I mean double the bet if the previous bet loses. Even so, I don't think that all gamblers like this strategy because of limited capital or so on.

Martingale strategy does not actually make the gambler win more, but can increase the chances of winning because the stakes are increased gradually. But it all depends on the gambler habits, and I have implemented this strategy before and succeeded but because the desire to win is greater, it makes all my victories run out.

[deisik]

-snip-

It seems I understand what you mean. Maximize chances of victory by implementing the Martingale strategy. To be honest this strategy is very tempting and of course every user has to make more bets to get a win, I mean double the bet if the previous bet loses. Even so, I don't think that all gamblers like this strategy because of limited capital or so on

If you feel interested, you may want to look into this thread. It deals with a lot of gory and pesky details of implementing this strategy in a way that actually allows to win something in the long run and not bust in the process. Indeed, you have to make more bets to score a win but this is not what I meant. You must literally make millions of bets to accumulate some profits, and that may take plenty of time as well as patience

But be warned that this strategy is not for the greedy hands

Martingale strategy does not actually make the gambler win more, but can increase the chances of winning because the stakes are increased gradually

Technically, you don't so much win more as just win something. But something is still better than nothing, right?

[tabas]

It still depends on your luck, we all know that if we wager more, we will only lose especially in the long run, also, their reason for having this kind of promotion is because this is their way to attract more gamblers or increase those heavy gamblers. It is the site's profit even if they promised to give a reward because they know exactly that a lot of gamblers will bite this kind of bait.

And it will be more attractive if the prizes are too high which is giving the gamblers an act of encouragement to gamble more. You have more money, you have more chances to win but that doesn't guarantee you a win if you don't know how to stop.
To summarize it, before you gamble, set a budget and limitation.

[jademaxsuy]

Players are using different kinds of strategies to win a wagering contest. One of the most common ways is the technique you mention which is gambling on the lowest odd to maximized the possibilities of the capital. There are players who also use martingale strategy on a wagering contest, I've once read it on a different website that someone uses martingale to climb into the leaderboards of the tournament.

Every one of us has a chance to win a wagering contest as long as we have the capital and the guts to make bets on the gambling site.  I also believed that wagering more doesn't mean you can win more. It's about the way you wager your capital.

I tried using martingale strategy to climb the leaderboard but I didn't continue any longer since I don't gamble that much. Using martingale help me climb the ranks from being 400+ and within I gamble that day and the next day I also gamble. From being top 400+ and now i'm on #120 using only to small amount of money. It really depends on how you climb your rank in wagering contest.

[Asuspawer09]

It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your though on this ?   Wagering more makes you win more money in gambling?

Still, it doesn't specifically mean wagering more or less could do good in any gambling game it still depends on your luck.

But in my style of gambling, I usually go with wagering more when winning consecutively and then wager less if loss I would say it a pretty good style but not perfect.

[milewilda]

Players are using different kinds of strategies to win a wagering contest. One of the most common ways is the technique you mention which is gambling on the lowest odd to maximized the possibilities of the capital. There are players who also use martingale strategy on a wagering contest, I've once read it on a different website that someone uses martingale to climb into the leaderboards of the tournament.

Every one of us has a chance to win a wagering contest as long as we have the capital and the guts to make bets on the gambling site.  I also believed that wagering more doesn't mean you can win more. It's about the way you wager your capital.

I tried using martingale strategy to climb the leaderboard but I didn't continue any longer since I don't gamble that much. Using martingale help me climb the ranks from being 400+ and within I gamble that day and the next day I also gamble. From being top 400+ and now i'm on #120 using only to small amount of money. It really depends on how you climb your rank in wagering contest.

You can really possibly do that and this had been a common way where people do make use of this strategy and setting into the most minimal bet yet we know that how far you can go even you've been hit up by
losing streak but this isnt always the case here because ive experience long reds which no matter how big your capital is, you will surely bust up this is why im not really that interested much when gambling to have
that afk type.Its either you would bust up early or not it will all vary on how lucky your are.Talking about wagering more or wagering less with the concern of profitability then it will always talk about
the luck of a certain gambler.If you do wager less but hit up big then its easy profits but wager more but winning the small prize then minding of the HE then you cant barely break even more of the time.

[Swordsoffreedom]

It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.
What's your though on this? Wagering more makes you win more money in gambling?

Why do you think you will be able to earn more if you gamble more? You know that that gambling is completely dependent on fate and skill. On the other hand, wagering more does not mean that you always be able to make more profit. But if you wager more, you will be able to be ranked up and there is a chance that you may win wagering contest or betting contest. If you really have good gambling skills, you better focus on normal gambling, you can get more profit from it.

[jhonjhon]

It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your though on this ?   Wagering more makes you win more money in gambling?

If the only given option in order to (possibly) win the prize is to wager more then, gamblers will take that option but I'm wondering if it gives us profitable in such a thing that the more we gamble, the more lose. And for that sake ( eligible for the reward), maybe I sound tempting but I don't have to take the risk either but rather to play in the normal.

[virasog]

It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your though on this ?   Wagering more makes you win more money in gambling?

If the only given option in order to (possibly) win the prize is to wager more then, gamblers will take that option but I'm wondering if it gives us profitable in such a thing that the more we gamble, the more lose. And for that sake ( eligible for the reward), maybe I sound tempting but I don't have to take the risk either but rather to play in the normal.

The gambling site gives this temptation gamble more and wager more because they knew that if you wager more there are chances that you will lose more and hence who will benefit when you lose ? Right, the gambling casino is the direct benefiter. Since many people wager and lose, they can easily give bouns as they have gathered so much money from such competitions.

[MFahad]

Technically yes, the more you wager the more possibly the profit if you are lucky enough. But the risk on losing  is always there, If I am capable and  I have a lot of money to waste why not? but if the money I own is just for important things, I will never do such things it is too risky. I prefer wagering less and I am not prepared to lose a lot of money. Anyways we have our own perspective about it but this is my opinion.

Just remember people come in gambling to gamble and wager. So if they have  wagering competition it will be good for the players too. If you don't want to wager then why are you visiting the gambling site in the first place  If you think wagering is dangerous then stay away from gambling sites.

[abel1337]

Players are using different kinds of strategies to win a wagering contest. One of the most common ways is the technique you mention which is gambling on the lowest odd to maximized the possibilities of the capital. There are players who also use martingale strategy on a wagering contest, I've once read it on a different website that someone uses martingale to climb into the leaderboards of the tournament.

Every one of us has a chance to win a wagering contest as long as we have the capital and the guts to make bets on the gambling site.  I also believed that wagering more doesn't mean you can win more. It's about the way you wager your capital.

I tried using martingale strategy to climb the leaderboard but I didn't continue any longer since I don't gamble that much. Using martingale help me climb the ranks from being 400+ and within I gamble that day and the next day I also gamble. From being top 400+ and now i'm on #120 using only to small amount of money. It really depends on how you climb your rank in wagering contest.

You can really possibly do that and this had been a common way where people do make use of this strategy and setting into the most minimal bet yet we know that how far you can go even you've been hit up by
losing streak but this isnt always the case here because ive experience long reds which no matter how big your capital is, you will surely bust up this is why im not really that interested much when gambling to have
that afk type.Its either you would bust up early or not it will all vary on how lucky your are.Talking about wagering more or wagering less with the concern of profitability then it will always talk about
the luck of a certain gambler.If you do wager less but hit up big then its easy profits but wager more but winning the small prize then minding of the HE then you cant barely break even more of the time.

Being AFK means you are betting on your settings on an automatic mode right? I do not have a good experience of gambling on automatic mode without supervision. It makes the job easy but the risk is super high even you are playing martingale strategy you can possibly hit up straight reds. I suggest betting manual on martingale especially if you are on a wagering tournament because you obviously don't want to dry out.

[rhomelmabini]

Technically yes, the more you wager the more possibly the profit if you are lucky enough. But the risk on losing  is always there, If I am capable and  I have a lot of money to waste why not? but if the money I own is just for important things, I will never do such things it is too risky. I prefer wagering less and I am not prepared to lose a lot of money. Anyways we have our own perspective about it but this is my opinion.

Just remember people come in gambling to gamble and wager. So if they have  wagering competition it will be good for the players too. If you don't want to wager then why are you visiting the gambling site in the first place  If you think wagering is dangerous then stay away from gambling sites.

That's not his point, he's just playing safely IMHO. I think he's just a casual gambler or the one that plays at his limit or just plays for fun not for money. He's the one that's gamble and know when to quit rather than chase his losses.

[pakhitheboss]

Technically yes, the more you wager the more possibly the profit if you are lucky enough. But the risk on losing  is always there, If I am capable and  I have a lot of money to waste why not? but if the money I own is just for important things, I will never do such things it is too risky. I prefer wagering less and I am not prepared to lose a lot of money. Anyways we have our own perspective about it but this is my opinion.

Just remember people come in gambling to gamble and wager. So if they have  wagering competition it will be good for the players too. If you don't want to wager then why are you visiting the gambling site in the first place  If you think wagering is dangerous then stay away from gambling sites.

That's not his point, he's just playing safely IMHO. I think he's just a casual gambler or the one that plays at his limit or just plays for fun not for money. He's the one that's gamble and know when to quit rather than chase his losses.

It is not compulsary if you waged high you will earn high. Chances are that you might lose everything that you have earned with just one wager. Higher the amount higher will be the risk.