A qualified strategy exist in gambling？If yes, come and talk.

[wheelz1200]

Easy...poker.  you don't play the house you play other people and skill exists.  Seriously why would you play some poker table game where the odds are stacked up against you instead of playing poker against other people.  Strategy is simple.

Play loose against tight players and tight against loose players waiting for a good hand.  Lots of other nuances involved but that is a winning strategy right there.

[goaldigger]

I agree about the Eddie part of the story and he was not the only person when he started this business model. He just made the right decision at the right time so he harvests the profit nowadays. Kick and Stake are two big projects by Eddie btw. Regarding the building right gambling strategy, it is not easy to beat the house edge so make your calculations carefully before testing the new strategy with real funds, IMHO. You have to use all inputs with a double check to avoid the big burst balance at the end, good luck on this journey!

We can always have that strategy but there’s no guarantee for this, most probably this is always a trial and error as we are dealing against the house and we know in gambling, they are always winning. Your strategy should be more flexible, and you have to adjust it accordingly though some game you created a strategy not against the house but against the other player and with this there’s a higher chance of winning.

[kk5526682]

This new topic is the proving ground for my ideas on my last one.

Anyone can post here and should be respected even you won't give a shit on any words here. I would not judge.

Okay, here is the one.

How to write a qualified strategy?

- Guidelines

1, bear as many as reds.

2, balance of profit and risk.

3, strategy should have no pressure on the whole process.

4, lacking beginning and end is the right direction of all efforts.

Some examples to help understand.

Casinos can bear far far far far far far far more reds than any gamblers under the bet limit rules and capital they have. Profit and risk should be equal on probability in the long run. The smart guys know how to maximum their profit in the good time and minimum their loss on the bad time. Eddie, the boss of stake.com, this dude has nothing ten years ago. Now, he bought two mansions over 115 million australian dollars in last two years. This fucking kid put the right bet on the super right time. He wins. I never ask people to gamble. Just think. If you graduated a primary school successfully, you will understand how important is no pressure gambling for the win. I don't have a good example to explain no.4. Depends on your ability of comprehension. But, you can imagine we live on a ball and this is the fact. No matter you go left or right, you will be at home somedays. Please ignore all of this topic if you still believe the world is flat. I am begging you to leave my topic. I won't judge, but please leave.

If you interest, just go to kick.com and search FuckDice. You will see how I deal with all these shit. And I asked kick.com to pay me 300k dollars to stream. These people just ignore my request. What a rude behaivor there! LOL. Let's go and have fun on anything you like.

I think for me OP simply means:
1. Losing is normal part of the game, get use to that.
2. The Wins should be bigger enough to compensate for the losses and earn profit as much as possible. It's like 3:1RR with at least 30% hit rate.
3. Gambling is a long game, no pressure to make money fast. Slowly is the fastest way to make money in gambling like preschool to college.
4. I honestly don't get it HAHA. but I will perceive this as you start what you finished until your profitable.

Interesting. To respond your honestly post, let me explain more here.
1, My key point is survival. No matter what you do, gamblers have less capital than the owner of casinos. Keep your fund as safe as you can. Basebet as small as you can...
2, If a gambler has years of gambling experience, he will know win or lose happening cross. But over 95% gamblers will lose for sure. In my points, most of them have gut to lose instead of to win. For example, I have seen lots of people use 1k or 5k dollars to chase 50 bucks lose. It is very rare to see people to use 50 bucks to chase 1k or 5k win. Haha. And most of real gamblers lose big in very few bets. If they know and manage the balance of profit and risk well, they may save a ton of dollars.
3, No pressure has various levels of meaning. In my level, it means I have done my best and no matter what result it is, I will accept. Only focus on the part of 'done my best'. That's enough. I like gamble. I want to win. But the reality is very hard to win in long term. Let go. Be happy.
4, This part is very very very very very very huge. In scientific world, casino has the best team including top math expert, software engineers, managers...No matter who you are, you can't beat them in scientific way. Probability advantage is not on our side. Never claim that you can beat casino except you are a scammer. Let me make it simple to understand. If you want to win in long term, scientific is wrong direction here. Because they have done the best in the world. We need to find out some other ways. Lacking begining and ending thing can help a little when scientific stop working for us. The real nature of this world is a circle of changing such as spring, summer, antumn, winter, spring, summer, antumn, winter, spring, summer, antumn, winter, spring...95% of gamblers are just three seasons bugs or less. They never see winter so they tell people ice never exist. In 50% win chance game like Baccarat, player and banker change randomly. It is another circle of changing and has same core of natural things. And one more thing, people win and beat casino are totally irrelevant.

By the way, I am not a rude person. But no patience for two kind of people. One, the guys judge others. Two, criticize without accurate evidence or only relying on own imagination. These two kind of person are just bugs for me. Never have any relations with them.

[GreatArkansas]

2, balance of profit and risk.
(........)

For me, this is important because, if you know how to apply risk management to gambling and control your emotion to protect your capital, it's important.
Let's say you balance the risk, like only allocating a percentage that you will use on every bet, like 1% of your balance.

[kk5526682]

2, balance of profit and risk.
(........)

For me, this is important because, if you know how to apply risk management to gambling and control your emotion to protect your capital, it's important.
Let's say you balance the risk, like only allocating a percentage that you will use on every bet, like 1% of your balance.

0.2% of the balance as the loss limit for the day...

[BitcoinPanther]

@OP aren't you just saying that we must only gamble what we can afford to lose?  In gambling I do not know if we can balance the profit and risk since most of the game I play is all base on luck.  If you are saying that it has something to do about bankroll management then I think it is not something new.

[AbuBhakar]

Eddie, the boss of stake.com, this dude has nothing ten years ago. Now, he bought two mansions over 115 million australian dollars in last two years. This fucking kid put the right bet on the super right time. He wins. I never ask people to gamble. Just think. If you graduated a primary school successfully, you will understand how important is no pressure gambling for the win. I don't have a good example to explain no.4. Depends on your ability of comprehension. But, you can imagine we live on a ball and this is the fact. No matter you go left or right, you will be at home somedays. Please ignore all of this topic if you still believe the world is flat. I am begging you to leave my topic. I won't judge, but please leave.

He believe on Bitcoin and he is the foundation of Bitcoin Dice gambling in the form of Primedice. Eddie manage to operate honestly that's why all his action is rewarded big time when Bitcoin and altcoin price pump hard since all his money is on crypto currency. He doesn't made bet on his business and I don't believe that he is just lucky for being successful.

Eddie operates Primedice despite Bitcoin price is very low that time and there's a lot of competitors that turns into scam later on but he didn't follow that same path instead they continue his business operation. He is a believer and not a gambler which is the reason for his success.

[darewaller]

2, balance of profit and risk.
(........)

For me, this is important because, if you know how to apply risk management to gambling and control your emotion to protect your capital, it's important.
Let's say you balance the risk, like only allocating a percentage that you will use on every bet, like 1% of your balance.

It is important for you, for me and for all of us who are playing a gambling. Depending on our bankroll, that 1 percent you are telling can go high or low. For me, I'm only using a 2 dollar bankroll so 1 percent of it is still tiny.

Typically I'm rolling with 2.5 percent. That way, my winnings are still decent just in case I will get lucky even hitting a minimal multiplier. Playing lower than it makes the thrill starts to disappear already and I feel that gambling is not enjoyable anymore. I think a qualified strategy can also mean a legal strategy, so it does really exist. If it's about a working strategy, it exists too but there is no one who can give you a sure profit.

[Wapfika]

2, balance of profit and risk.
(........)

For me, this is important because, if you know how to apply risk management to gambling and control your emotion to protect your capital, it's important.
Let's say you balance the risk, like only allocating a percentage that you will use on every bet, like 1% of your balance.

It is important for you, for me and for all of us who are playing a gambling. Depending on our bankroll, that 1 percent you are telling can go high or low. For me, I'm only using a 2 dollar bankroll so 1 percent of it is still tiny.

Typically I'm rolling with 2.5 percent. That way, my winnings are still decent just in case I will get lucky even hitting a minimal multiplier. Playing lower than it makes the thrill starts to disappear already and I feel that gambling is not enjoyable anymore. I think a qualified strategy can also mean a legal strategy, so it does really exist. If it's about a working strategy, it exists too but there is no one who can give you a sure profit.

Are sure about this? 2$ bankroll and your bankroll will busted quickly on games with high minimum bet. What games can you bet with 0.05$ since that 2.5% of your suggested 2$ bankroll aside from dice game? Also the transaction fee nowadays even with stablecoin is already a dollar so you already consuming a fee that is almost half of your bankroll for a single transaction. This is not even considered as safe betting since you are not efficient on your fees. You should just use play money if you will play like that since you can't withdraw your balance without growing it to minimum withdrawal amount.

I don't see fun on doing a bet like this there's no thrill and risk with this kind of game that bring fun to gambling.

[Casdinyard]

I don't get you. A strategy to beat the casino? Red or black? You don't know what you're talking about.

Eddie, the boss of stake.com, this dude has nothing ten years ago. Now, he bought two mansions over 115 million australian dollars in last two years. This fucking kid put the right bet on the super right time. He wins.

I don't know the specific story, but if he got rich it wasn't by gambling in the casino, it was by setting up a casino, by being the owner. He may have had a stroke of luck and took advantage of the money he won to invest in setting it up instead of what the rest of the gamblers tend to do, which is to continue gambling and lose everything and more.

Exactly man I was so confused about what OP was talking about. Do we beat the house? Do we prove that the house can't be beat? I am at a loss. Do we prove that our lives can be changed with what we win with our gambling money? I don't understand what he's talking about.

But I digress, no true strategy for consistently beating a house exists cause if it does gambling wouldn't even be a big industry nowadays if every bloke out there with a fast enough internet could just go around it and find a strat that would work for their stupidass.

[seleme]

I agree about the Eddie part of the story and he was not the only person when he started this business model. He just made the right decision at the right time so he harvests the profit nowadays. Kick and Stake are two big projects by Eddie btw. Regarding the building right gambling strategy, it is not easy to beat the house edge so make your calculations carefully before testing the new strategy with real funds, IMHO. You have to use all inputs with a double check to avoid the big burst balance at the end, good luck on this journey!

We can always have that strategy but there’s no guarantee for this, most probably this is always a trial and error as we are dealing against the house and we know in gambling, they are always winning. Your strategy should be more flexible, and you have to adjust it accordingly though some game you created a strategy not against the house but against the other player and with this there’s a higher chance of winning.

I agree, there are only poker gaming and esports betting that can be considered as betting against other players not directly house itself. The chances and odds are not in favor in both house games and p2p games, there is always an edge for the house and most bookies may block the winning user with various excuses. Quality gambling strategy may generate good results for the short term period but I doubt it will work in the long run, ofc money management is the key to keeping consistency.