cafter (OP)
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October 13, 2023, 07:54:52 AM Last edit: October 13, 2023, 08:16:38 AM by cafter |
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I’m sharing my dice strategy that I’ve been trying for a few days with good results but also high risk. It can eat your entire bankroll if you lose three times in a row! Here’s how it works:
Bet: 5% of bankroll On win: Start with base bet On lose: increase bet by 300% Payout: 0.2X
You can make a quick 1.50x if you want to risk your bankroll or you can set stop loss to protect your bankroll. I once doubled my bankroll but after losing 3-4 bets in a row i lost it all, sometimes that losing streak of 3 in a row comes in initial bets sometimes it takes time, and the longer you play, the more likely that losing streak of 3 will come.
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edmundduke
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October 13, 2023, 07:58:48 AM |
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The best part is i read the title as "Easy way to halve your money" lol.
As with all other gambling strategies, they work extremely well till they dont. If you want to make an "easy" +0.5x then statistically speaking the most optimal way is to do it in a single bet.
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Oshosondy
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October 13, 2023, 08:06:53 AM |
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I do not understand what 0.50x means in this. If j am gambling on a casino site, the list odd I do go for is 2x, but I prefer going for games with 3x, especially if I do not want to stay iong and spend the money on a single game play or using something like martingale just three to 5 times and quit gambling for the day.
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cafter (OP)
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October 13, 2023, 08:16:02 AM Merited by edmundduke (1) |
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The best part is i read the title as "Easy way to halve your money" lol.
As with all other gambling strategies, they work extremely well till they dont. If you want to make an "easy" +0.5x then statistically speaking the most optimal way is to do it in a single bet.
I tried it mostly that single bet is losing bet, Many times I risked my whole bankroll but every first bet it is a losing bet. When i play mines with amount which is bigger then my regular bets, the result always comes mines, i don't know how. When i play keno with big amount it mostly select black number, means loss. in crash the rocket goes to something like 0.02x - 0.10x then busts, it happens with all provably fair games, after losing some starting bets then I start seeing some greens.
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Jawhead999
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October 13, 2023, 08:38:03 AM |
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Four streaks lose and you will lose all of your money.
Rather than using this strategy, I think martingale strategy much better because you can start as low as 1 Satoshi or 1 cent and you will need to double of your bet when you lose. I don't think it's fun when you're only gamble for short time.
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Fivestar4everMVP
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October 13, 2023, 08:39:11 AM |
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First, I will be honest and say that I don't play Dice quite often because I personally have believed it to be one of the casino games that i am always not so lucky with, and maybe due to this, I don't completely understand all that the Op meant, like the 0.2x he mentioned, I don't understand what that meant or represent.
But let me just say that, if with this strategy, all that is required is for me to lose three times in a roll, and my entire bankroll is gone back to zero, then I honestly do not think its worth trying, because based on my own personal experience with playing dice, Losing streak can sometimes last for as long as losing up to 10 times in a roll without a single win.
So according to OP's strategy, it means that on every lose, 33.3 percent of bankroll is gone, that is too much to lose in a single roll, just too risky as he did mention in the OP.
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CryptSafe
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October 13, 2023, 09:28:42 AM |
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It is good sharing your game strategy as this would also give other gamblers hint on how to go about their games as well but I think it all points towards one being lucky as well because I am meant to understand that what might likely work for Mr A might not work for Mr B vice versa. That's the logic and everyone have had their own pattern of playing games. Some people might feel a particular day and time is very much favourable to them to play with the believe that they would win their games with luck on their side and it works out that way for them. Although your strategy would be an added advantage if practiced but not all strategies work for everybody mate.
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edmundduke
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October 13, 2023, 11:12:22 AM |
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The best part is i read the title as "Easy way to halve your money" lol.
As with all other gambling strategies, they work extremely well till they dont. If you want to make an "easy" +0.5x then statistically speaking the most optimal way is to do it in a single bet.
I tried it mostly that single bet is losing bet, Many times I risked my whole bankroll but every first bet it is a losing bet. When i play mines with amount which is bigger then my regular bets, the result always comes mines, i don't know how. When i play keno with big amount it mostly select black number, means loss. in crash the rocket goes to something like 0.02x - 0.10x then busts, it happens with all provably fair games, after losing some starting bets then I start seeing some greens. Btw, this is just something we have all felt. We tend to stick to patterns that might have worked before (even tho tehy do not guarantee success) but mathematically speaking a single bet still has the highest ev. But that does not mean you cant enjoy playing as you do! If it works for you, then great ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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AbuBhakar
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October 13, 2023, 12:06:30 PM |
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I do not understand what 0.50x means in this. If j am gambling on a casino site, the list odd I do go for is 2x, but I prefer going for games with 3x, especially if I do not want to stay iong and spend the money on a single game play or using something like martingale just three to 5 times and quit gambling for the day.
I believe he is pertaining to the profit alone excluding the base bet. Bet: 5% of bankroll On win: Start with base bet On lose: increase bet by 300% Payout: 0.2X
This is very risky if you happened to encounter long lose streak. I remember hitting above 5 consecutive losses on 90% winning chance rate while your strategy is just using 80% win chance rate. The increase on bet is what makes this strategy lethal once lose streak occur because you will burn all your bankroll with just 4 loss streak.
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Shamm
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October 13, 2023, 12:16:48 PM |
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I’m sharing my dice strategy that I’ve been trying for a few days with good results but also high risk. It can eat your entire bankroll if you lose three times in a row! Here’s how it works:
Bet: 5% of bankroll On win: Start with base bet On lose: increase bet by 300% Payout: 0.2X
You can make a quick 1.50x if you want to risk your bankroll or you can set stop loss to protect your bankroll. I once doubled my bankroll but after losing 3-4 bets in a row i lost it all, sometimes that losing streak of 3 in a row comes in initial bets sometimes it takes time, and the longer you play, the more likely that losing streak of 3 will come.
Yeah that strategy is good enough to make a good profit but there's a consequences once you loss there's a big chance of bankrupt in your bankroll cause every time you increase your bet and once you loss then a big amount will loss also. Like what you said lossing 3 times is not a good one. So we must think that in the world of gambling we can not assure that we are always the winner in our bet so we need to think deeply and make a wise decisions..
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Oilacris
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October 13, 2023, 12:19:36 PM |
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The best part is i read the title as "Easy way to halve your money" lol.
As with all other gambling strategies, they work extremely well till they dont. If you want to make an "easy" +0.5x then statistically speaking the most optimal way is to do it in a single bet.
Just like with those very common and ancient method of martingale system. Few consecutive losses or streaks would really blown up your balance. Dealing up with dice is never been giving out that assurance that you would really be getting the same results on which you could really be able to exploit and milk out. I have experienced the worst martingale consecutive losses which it did really reach up to 24x as far as i remember. No matter how big your bankroll is, when losing streak comes then expect you would really be having a blown account balance unless if you do set some stop loss then you might save up yourself but since these bets are instant then knowing it beforehand would really be that too late. Single bet with 1.5x roll then its whether a win or loss then its up to you whether you would continue or would really be just continuing but most likely people would really be that continuing until they would blow up their entire account balance.
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Eureka_07
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October 13, 2023, 12:31:43 PM |
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<snip>
It's definitely a bit risky with that hefty 300% increase, which can be dangerous. But, the 0.2x payout helps balance it out, making it more manageable. Despite some folks being skeptical, I personally think it's worth a shot. Just keep your fingers crossed that you don't hit a losing streak of 3 or 4 bets right away, or you'll be in a challenging situation. It's even riskier with a larger bankroll, but if luck isn't on your side, it can be quite a problem.
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famososMuertos
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LE ☮︎ Halving es la purga
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October 13, 2023, 05:27:30 PM |
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Someone there mentioned that martingale is better, why? just to mention it or has it worked for you, in fact nothing to do with this case since it is understood that OP like anyone wants to see their money grow, martigala is a profit of the value of the first bet, no matter how many times you double it you get the bet initial (fixed), and must work at a probability of 50% and the user plans returns of 0.2x and increase the bet to 300%,it according to what is read on OP.
Each strategy depends on two things: the amount of bets, the number of throws, that determines the funds to use without you running out of money, which is the first "error" that I read, the data is there that can be calculated, then you determine the size exact of the bet and then wait for the variance to give the results, the strategy can be any.
Then, the simpler the strategy is, the more feasible it is for you to achieve it, and by achieving I mean not the fact of obtaining profits, but the fact that you stay in the long term making the bets. And you find the profit stop, it's easy, but the variance always does its thing and corrects it in the long term.
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shield132
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October 13, 2023, 06:02:07 PM |
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I’m sharing my dice strategy that I’ve been trying for a few days with good results but also high risk. It can eat your entire bankroll if you lose three times in a row! Here’s how it works:
Bet: 5% of bankroll On win: Start with base bet On lose: increase bet by 300% Payout: 0.2X
You can make a quick 1.50x if you want to risk your bankroll or you can set stop loss to protect your bankroll. I once doubled my bankroll but after losing 3-4 bets in a row i lost it all, sometimes that losing streak of 3 in a row comes in initial bets sometimes it takes time, and the longer you play, the more likely that losing streak of 3 will come.
I'll tell you better strategy. Just choose x1.5 odd on dice and roll it. It's the quickest way to 1.5x your money. There is a strategy on one side and there is a mathematics on another side. Your strategy doesn't really matter when there is a math behind each game. Casinos have house edge that mathematically means that doesn't matter what happens, long-term casino profits. You can't make 2x2=5 because it's 4, this is the rule of math and no strategy can change that result.
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Webetcoins
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October 13, 2023, 06:24:24 PM |
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Having 3 losses in a row is way too common in a game of dice or any gambling game, and if someone can lose their entire bankroll just after losing 3 times, I don't think this strategy is any good even though I know that no strategy is basically a way to make you a lot of money but a strategy should at least be able to get you some initially and then you should lose money if you try it a lot, but in your strategy, it seems like one might lose their entire balance in no time.
A better strategy would be to start with a lower percentage of your bankroll try for higher odds and keep increasing the bet by just 100%. Let's say, you start with 1% of your bankroll with odds of 5x, on a win, you go back to the base bet, on a loss, you increase the bet by 100%. You will at least have more chances with this strategy and just 3 losses won't cost you your entire bankroll.
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Cryptomultiplier
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October 13, 2023, 08:08:05 PM |
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Am sure the game doesn't bore you one bit OP, for you to have been able to repeat playing after about 3straight wins, only to loose all on 3 losing streak. I don't really need a strategy if I intend to bet on more dice games. I would normally use a certain percentage from my wallet during betting and try to replicate with lower bets at least thrice. The truth to win more when betting is to be content with a win or two after recovering the original stake amount.
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seoincorporation
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October 13, 2023, 08:25:58 PM |
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I’m sharing my dice strategy that I’ve been trying for a few days with good results but also high risk. It can eat your entire bankroll if you lose three times in a row! Here’s how it works:
Bet: 5% of bankroll On win: Start with base bet On lose: increase bet by 300% Payout: 0.2X
You can make a quick 1.50x if you want to risk your bankroll or you can set stop loss to protect your bankroll. I once doubled my bankroll but after losing 3-4 bets in a row i lost it all, sometimes that losing streak of 3 in a row comes in initial bets sometimes it takes time, and the longer you play, the more likely that losing streak of 3 will come.
This is a losing method because even if you hit that x1.2 on the last step of your martingale you don't recover the initial balance, let's say we start with 100 Bet - payout - balance 5 - 0 - 95 15 - 0 - 80 45 - 54 - 89 ... As we can see after a win our current balance is 89, so, we are slowly losing all our money... but the way to profit is to get a green rin without losses, but betting 5 on x1.2 only gives us 1 as profit, so, to make that x1.5 on our balance we need a really lucky run. with more than 100 bets and avoid losing 3 consecutive times.
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uneng
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October 13, 2023, 08:36:50 PM |
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I’m sharing my dice strategy that I’ve been trying for a few days with good results but also high risk. It can eat your entire bankroll if you lose three times in a row! Here’s how it works:
Bet: 5% of bankroll On win: Start with base bet On lose: increase bet by 300% Payout: 0.2X
You can make a quick 1.50x if you want to risk your bankroll or you can set stop loss to protect your bankroll. I once doubled my bankroll but after losing 3-4 bets in a row i lost it all, sometimes that losing streak of 3 in a row comes in initial bets sometimes it takes time, and the longer you play, the more likely that losing streak of 3 will come.
This is a losing method because even if you hit that x1.2 on the last step of your martingale you don't recover the initial balance, let's say we start with 100 Bet - payout - balance 5 - 0 - 95 15 - 0 - 80 45 - 54 - 89 ... As we can see after a win our current balance is 89, so, we are slowly losing all our money... but the way to profit is to get a green rin without losses, but betting 5 on x1.2 only gives us 1 as profit, so, to make that x1.5 on our balance we need a really lucky run. with more than 100 bets and avoid losing 3 consecutive times. Actually, he can't play for three consecutive rounds increasing 300% on each loss. 100$ is the total bankroll. 5$ is base bet. After first loss, he bets 5$ + 300% = 20$ Then loses again, so he has to bet 20$ + 300% = 80$ for the third round, however it's impossible, because his bankroll is already at 75$. And even if he did and won, 75$ would return him 90$ (1,2x). It's still a losing method. I believe one of the main issues here is the fact base bet is too high! 5% of bankroll on every bet is waste of money... Base bet should stay around 0,1%-1% of the bankroll.
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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October 13, 2023, 09:02:55 PM |
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You can make a quick 1.50x if you want to risk your bankroll or you can set stop loss to protect your bankroll. I once doubled my bankroll but after losing 3-4 bets in a row i lost it all, sometimes that losing streak of 3 in a row comes in initial bets sometimes it takes time, and the longer you play, the more likely that losing streak of 3 will come.
A quick 1.5x of the whole bankroll or just a 1.50x per bet amount? Seriously, do you want to increase the bet amount by 300% each time you lose a round? Aside from calling that strategy a quick way to achieve a 1.5x, it's also a quick way to lose your bankroll lol. I don't see something different or special with that strategy there. Anyway, if that strategy of yours is effective for you, then good for you. Good luck using that in the long run.
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Jemzx00
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October 13, 2023, 09:22:58 PM |
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Actually, he can't play for three consecutive rounds increasing 300% on each loss.
100$ is the total bankroll.
5$ is base bet.
After first loss, he bets 5$ + 300% = 20$
Then loses again, so he has to bet 20$ + 300% = 80$ for the third round, however it's impossible, because his bankroll is already at 75$.
And even if he did and won, 75$ would return him 90$ (1,2x). It's still a losing method.
I believe one of the main issues here is the fact base bet is too high! 5% of bankroll on every bet is waste of money... Base bet should stay around 0,1%-1% of the bankroll.
Dice strategy debunked I do love dice games and I a hundred percent agree with this. A fraction of your bet could lead to a short gambling session. Also, I even did a much smaller multiplier than this one with around 10-20% of my bankroll and I only have a quick 5-10 minutes session until all of my bankroll have been burned. This just strategy just gives the OP false hope knowing that it works for a few times until he'll realize that it'll barely work.
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