Dice games

[Saint-loup]

There isn't really a strategy with playing dice games. You are either lucky or you are not. Don't waste your time. If you are ready to accept the loss just go all-in and be done with it. No matter whatever complex strategy you choose to follow, it all comes down to this in the end.

Yep. I would share my merit with you (in fact, this is the same what I talked about here few pages before), but i don't have none  

But one important reminder: In fair dice game (the same as in roulette or slots) if you will all-in you either win or loss. If you will try to use some "strategy" you also will lose, but this will be in a long term (some "strategies" afford you to play like 2000 years before finally you'll lose, he he). So you will lose not only money, but also a lot of time.

Gambling is entertainment, no way to make money  

No way to make money? I disagree with that. Most of people gamble because they see other people winning big prizes.
You can earn huge amounts of money by gambling, unfortunately it only concerns few people.

[Vaskiy]

Interesting,... I do wanna know now who won in DICE GAMES with pure luck and earn MILLIONS.

In currently values more than 517,000,000$ dollars (11,000 btc).
The biggest Bitcoin win in gambling history

Events like this are very unlikely, but they can happen.
If this guy hasn't been an addicted gambler he is definitely enjoying a good life nowadays. Not only early bitcoin adopters, but also early bitcoin gamblers should be very thankful for being on this universe since its beginning.
I've found another big dice winner too, but in land based casino, so I think the article above is more interesting as the focus here is crypto dice game.

There are few luckiest on earth. To be lucky he should be courageous. Above all he needs the bankroll. Being on a losing streak of about $111000 shows what bank roll he had got. With this amount in hand one can have a peaceful and highly comfortable living in a third world country. Risking with courage beyond this is not a common man, he's something special in my view. Anyhow through the win he have got himself added to the history of online casinos.

[cabalism13]

Interesting,... I do wanna know now who won in DICE GAMES with pure luck and earn MILLIONS.

In currently values more than 517,000,000$ dollars (11,000 btc).
The biggest Bitcoin win in gambling history

Events like this are very unlikely, but they can happen.
If this guy hasn't been an addicted gambler he is definitely enjoying a good life nowadays. Not only early bitcoin adopters, but also early bitcoin gamblers should be very thankful for being on this universe since its beginning.
I've found another big dice winner too, but in land based casino, so I think the article above is more interesting as the focus here is crypto dice game.

That was indeed an interesting story, "I WANT to QUIT, really" A legend once said, but never did quit LoL.
And that was an indeed an addict player of dice "I'm the whale on just-dice", Since he has so many Bitcoins to spend even I don't want to imagine on how many did he get during that 2011.
Seems like I'm jealous of that guy knowing Bitcoin too early.

[DarkDays]

Seems people still don't understand that there is math behind casino games.

To make things easy, just imagine: 2+2=4 It's 100% clear that the result is 4. Is there any strategy where you can make it to result as 5? No, always 2+2=4. Take two yoghurts and then two again, anyway it will be four and there no way you can make 5th one in your hands.

The samy applies to Dice games, 1% house edge is 1% house edge and it means that mathematically, on long term casino is the winner. You only depend on pure luck and you can't beat luck by using mathematical strategies, only luck vs luck.

I couldn't have put it any better myself - well said @shield132.

Dice like most other gambling (maybe expect for poker) is all about probability and there is little you can do to improve your odds. If you think you're missing out because you do not have a good strategy in place to help you win, you're going on about it the wrong way as you don't understand that it is mainly luck! If this is the case, pls consider that gambling is not for you.

[johhnyUA]

No way to make money?

Yep. There is no way to make money from such kind of gambling. The only two ways is: to open your casino or to sell "strategies" how to win on dice games 

Most of people gamble because they see other people winning big prize.
You can earn huge amounts of money by gambling, unfortunately it only concerns few people.

The "other people which winning big prizes" is like 1-3 % of all amount of gamblers. Just a static error, which is normal for any distribution. "An exception which confirm the rule"

[Saint-loup]

No way to make money?

Yep. There is no way to make money from such kind of gambling. The only two ways is: to open your casino or to sell "strategies" how to win on dice games 

Most of people gamble because they see other people winning big prize.
You can earn huge amounts of money by gambling, unfortunately it only concerns few people.

The "other people which winning big prizes" is like 1-3 % of all amount of gamblers. Just a static error, which is normal for any distribution. "An exception which confirm the rule"

But it is how it works and everybody knows it. When you work for a salary you will never earn anything more than your wage, there is no "exception" as you say.
When you gamble you have this opportunity...

[KTChampions]

Quite right. The only way to beat the casino (legal - using bugs in the game is not legal as far as I know) is to find inaccuracies in the random number generator. All casinos use RNG close to the real one, but still, in most cases these are just programs/algorithms, sometimes they contain errors.

Possible bugs would really be there since nothing is perfect when it comes to coding specially if its a new site which is still prone to bugs or errors but
as day flies by where these errors can really be fixed up depending if someone would really report it or the team itself would able to discover it.
I dont see for it to be legal when we do talk on abusing bugs on a certain site for you to make money, thats simply non-ethical way of winning things.

In my opinion, this is both legal (the company's mistakes are its responsibility and not the responsibility of the counterparty) and ethical. I do not stand on the side of casinos that have a simple position: the client must give us money, everything else is illegal and unethical 

[michellee]

There isn't really a strategy with playing dice games. You are either lucky or you are not. Don't waste your time. If you are ready to accept the loss just go all-in and be done with it. No matter whatever complex strategy you choose to follow, it all comes down to this in the end.

Going all-in will not recommend if you want to play a dice gambling game for some time because when you lose in that round, you will lose all of your money. You will use the other money to play for the next rounds, and that will be too risky for you because that can attract you to spend more and more money. Maybe we can manage how much money we will use to gamble and for every round, so we do not lose it at once. You can prevent the big loss, and you will know that you are already playing a dice game for some time because you can see the result of the game.

[mindrust]

No way to make money? I disagree with that. Most of people gamble because they see other people winning big prizes.
You can earn huge amounts of money by gambling, unfortunately it only concerns few people.

There is a way to make money by gambling. It is called your luck. By following various strategies, you are actually lowering your luck points because the house make money from the house edge and the more you play the easier you make the casino's job which is making money from you.

There isn't really a strategy with playing dice games. You are either lucky or you are not. Don't waste your time. If you are ready to accept the loss just go all-in and be done with it. No matter whatever complex strategy you choose to follow, it all comes down to this in the end.

Going all-in will not recommend if you want to play a dice gambling game for some time because when you lose in that round, you will lose all of your money. You will use the other money to play for the next rounds, and that will be too risky for you because that can attract you to spend more and more money. Maybe we can manage how much money we will use to gamble and for every round, so we do not lose it at once. You can prevent the big loss, and you will know that you are already playing a dice game for some time because you can see the result of the game.

I didn't say go all-in with everything you have. I said go all-in with the amount you are ready to lose. What difference does it make if you lose your money in 1 second or in 24 hours? The difference is playing for hours actually lowers your chances of winning because of the house edge.

[michellee]

There isn't really a strategy with playing dice games. You are either lucky or you are not. Don't waste your time. If you are ready to accept the loss just go all-in and be done with it. No matter whatever complex strategy you choose to follow, it all comes down to this in the end.

Going all-in will not recommend if you want to play a dice gambling game for some time because when you lose in that round, you will lose all of your money. You will use the other money to play for the next rounds, and that will be too risky for you because that can attract you to spend more and more money. Maybe we can manage how much money we will use to gamble and for every round, so we do not lose it at once. You can prevent the big loss, and you will know that you are already playing a dice game for some time because you can see the result of the game.

I didn't say go all-in with everything you have. I said go all-in with the amount you are ready to lose. What difference does it make if you lose your money in 1 second or in 24 hours? The difference is playing for hours actually lowers your chances of winning because of the house edge.

I agree with that. Yes, but a gambler can go all-in anytime because they can think that the next round will be their luck, so they bet with all-in they have, but they are not ready for the losses. We can see many gamblers do that in their gambling time, and we already see they lose their money in a short time. So that can make to be careful to spend the money in every round. But dice games will not have a strategy to win because we agree that dice game is a gambling game base on the luck.

[mindrust]

I agree with that. Yes, but a gambler can go all-in anytime because they can think that the next round will be their luck, so they bet with all-in they have,

This happens because most gamblers are addicts. Their brains lost its touch with reality and they need professional help. Luckily for the casinos they are the best customers.  

[Janation]

~

~

~

The issue is that the maximum bet is limited. Huge funds won't help you to reach too far. I believe dice game was meant to test gamblers luck in short run (if so they will be nicely rewarded), and not to become a long run source of income as some people imagine nowadays due to the low bets possibilility and automatic bots.

Huge funds can help you.

That is why if you have the money to lose, you could really take your losses back if you will be using martingale. Although you should not rely on that because that might also eat you up. This betting system might help you take back your losses but you will never know how lucky you are until 10 or more lose streaks stomp you.

[KTChampions]

I agree with that. Yes, but a gambler can go all-in anytime because they can think that the next round will be their luck, so they bet with all-in they have,

This happens because most gamblers are addicts. Their brains lost its touch with reality and they need professional help. Luckily for the casinos they are the best customers.  

It would be interesting to know what is the proportion of regular casino visitors and "casual" ones. I heard that for some projects the share of regular visitors is something in the region of 20%, but they provide almost 70% of the casino's profit. And it would also be interesting to know the cost structure of this 20 percent - it is very sad if they spend most of their income on casinos.

[pawanjain]

I had been playing dice games a lot in past few months trying out different strategies every now and then. To be honest, luck plays a major role most of the times.
Still the strategy that worked frequently for me was

Keep extremely small bets and keep betting
Observe the pattern and when your intuition hits you that the next bet 'might' be a win for you
Then increase your bet amount to your desired amount that you can afford to lose (price 1)

If you win then reset the bet amount to the extremely small bet
If you lose then still reset the bet to the extremely small bet
Now when you think the next bet might be a win then increase your amount but this time double up the amount than you previously bet (price 1 * 2)

Repeat until you made a decent profit and then most importantly quit for the day.
Quitting while in profit is the best strategy.

[Vaskiy]

I had been playing dice games a lot in past few months trying out different strategies every now and then. To be honest, luck plays a major role most of the times.
Still the strategy that worked frequently for me was

Keep extremely small bets and keep betting
Observe the pattern and when your intuition hits you that the next bet 'might' be a win for you
Then increase your bet amount to your desired amount that you can afford to lose (price 1)

If you win then reset the bet amount to the extremely small bet
If you lose then still reset the bet to the extremely small bet
Now when you think the next bet might be a win then increase your amount but this time double up the amount than you previously bet (price 1 * 2)

Repeat until you made a decent profit and then most importantly quit for the day.
Quitting while in profit is the best strategy.

The strategy followed by you is quite simple and an easy thing to be practiced. However if there is no luck we need to end the day with loss. Just imagine, we think the next bet to be a win and go for a double up of the bet value. By the time if the bet ends in a loss the mind wavers for a recovery. This makes further increasing the bet value than decline. Strategies can help with win, but at any occasion we need to be under control. Most of the Gamblers who are into dice easily loss control.

[Mauser]

Repeat until you made a decent profit and then most importantly quit for the day.
Quitting while in profit is the best strategy.

I am not so sure about the intuition part of your strategy since it is hard to quantify, but the rest of your strategy I like a lot. Especially the part about quitting when ahead. It took me a while to figure this one out myself, because I tend to play until I go broke for the day. I usually set my self a fixed limited for the maximum amount I am willing to lose on a day or in a week and then I just try to win as much as possible. In the end it is much better to just stop after a decent win and take the profit for the next day.

[RealMalatesta]

Is there any specific strategy that someo uses making you more likely to win ?

It's a simple game and I tried to figure out a way by placing extremely small small bets with bot but in real I don't know do you guys have any idea ? What would work? If the dice game is not entirely luck based ? Because there are people who make such assumptions therefore am curious.

Would be glad to hear your strategies.

One of the strategy I am making use to escape from losses is martingale-on-multiple-houses. If your gambling house allows multiple accounts then you may try this at one house but with multiple accounts. (I remember yolodice allows us to have multiple accounts but I did not try there as there are enough trusted houses to play with my strategy).

Let me explain what I am doing with my strategy. When you go doubling your base-bet after a loss, you need to play on different house. But the hard requirement for this strategy is, you must have multiple accounts with balances on more than 5 gambling houses. Finally you need to calculate your profits/losses across all houses; I tried with 1000 dogecoin on each of house and with based bet at 0.001 doge. When you withdraw from all the houses into one wallet you can really see your profits at the end of the day.

[Karartma1]

Is there any specific strategy that someo uses making you more likely to win ?

It's a simple game and I tried to figure out a way by placing extremely small small bets with bot but in real I don't know do you guys have any idea ? What would work? If the dice game is not entirely luck based ? Because there are people who make such assumptions therefore am curious.

Would be glad to hear your strategies.

One of the strategy I am making use to escape from losses is martingale-on-multiple-houses. If your gambling house allows multiple accounts then you may try this at one house but with multiple accounts. (I remember yolodice allows us to have multiple accounts but I did not try there as there are enough trusted houses to play with my strategy).

Let me explain what I am doing with my strategy. When you go doubling your base-bet after a loss, you need to play on different house. But the hard requirement for this strategy is, you must have multiple accounts with balances on more than 5 gambling houses. Finally you need to calculate your profits/losses across all houses; I tried with 1000 dogecoin on each of house and with based bet at 0.001 doge. When you withdraw from all the houses into one wallet you can really see your profits at the end of the day.

Having multiple accounts is another stupid way to get easily locked out of your funds eventually. I warn users, especially newbies, not to do what RealMalatesta is doing. This is called cheating and even if you end up winning something, if the casino will look into it, they will freeze your funds.
Please refrain from trying it.

[Fredomago]

I am not so sure about the intuition part of your strategy since it is hard to quantify, but the rest of your strategy I like a lot.  Especially the part about quitting when ahead.

Realizing this will give you good advantage to take home some decent profits, always remember a win is a win, better than nothing.

It took me a while to figure this one out myself, because I tend to play until I go broke for the day.

Most gamblers do the same, trying to multiply their capital or trying to win more, greed as always leads you to lose everything.

I usually set my self a fixed limited for the maximum amount I am willing to lose on a day or in a week and then I just try to win as much as possible.

Good for you, if you set your limits then it saves you a lot not to lose more money, but aiming for big profits that's the thing.

In the end it is much better to just stop after a decent win and take the profit for the next day.

Yeah right, take your earnings and use it when you play again, avoid bringing everything to save your money.

[pawanjain]

Repeat until you made a decent profit and then most importantly quit for the day.
Quitting while in profit is the best strategy.

I am not so sure about the intuition part of your strategy since it is hard to quantify, but the rest of your strategy I like a lot. Especially the part about quitting when ahead. It took me a while to figure this one out myself, because I tend to play until I go broke for the day. I usually set my self a fixed limited for the maximum amount I am willing to lose on a day or in a week and then I just try to win as much as possible. In the end it is much better to just stop after a decent win and take the profit for the next day.

The intuition part is where the luck plays a major role right. Everybody who gambles needs to have a good luck inorder to win the bet.
Without luck no matter how hard you try, you will end up losing. What I do many times is when you double up the amount for the bet and keep losing continuously then just stop gambling for that day after 3-4 loses in a streak.

Remember this is where the extremely small amount of bets play a major role. When you lose the first big bet you have to reset the amount to extremely small bet.
Then keep rolling and when you think that the next bet might be a win only then double up the amount for the bet. If you still lose it, keep rolling with small bets.
So if you keep losing the big bets 3-4 times then stop gambling for the day because luck is not favoring you that day.

Try the same thing the next day or when you gamble the next time.