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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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leen93
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October 18, 2014, 09:10:22 PM |
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yes, and what if you are really unlucky and go +20 btc bet. Then everything is gone!
This is just a way to have a chance on:
99.99% chance on profit of 0.001 btc
0.01% chance on a loss of 10 btc
if that is what you want, yes it will probably work for a long time, till you get to the point you'll lose everything.
You just lose on average 0.05% on every bet. In general you will lose
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theskillzdatklls
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October 18, 2014, 09:38:04 PM |
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80% of the time that will work every time
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Outlander
Legendary
 Offline
Activity: 1218
Merit: 1000
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October 18, 2014, 09:53:23 PM |
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Always create new account to play dice, change your IP and mac address before create new acc. I thought new acc has more chance to win.
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hopenotlate
Legendary
Offline
Activity: 3318
Merit: 1225
Top Crypto Casino
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December 28, 2014, 08:19:42 PM |
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80% of the time that will work every time
There is some math I don't get in this statement: am I the only one? |
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elephantas1
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December 28, 2014, 08:25:18 PM |
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80% of the time that will work every time
There is some math I don't get in this statement: am I the only one? i guess he just picked random number. even his sentence is total nonsence |
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byteSized
Member
Offline
Activity: 60
Merit: 10
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December 28, 2014, 08:28:29 PM |
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Always create new account to play dice, change your IP and mac address before create new acc. I thought new acc has more chance to win.
First time I've heard something like this. The newer the account => more chances to win?  But overall, I don't think any strategy can really help. It's mostly just pure luck. |
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galbros
Legendary
Offline
Activity: 1022
Merit: 1000
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December 28, 2014, 08:29:55 PM |
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It is good to have a win target, so as a betting strategy this is as good as any other. A bad streak will take you out and you should always expect to lose whatever the house edge is times your total amount bet.
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elephantas1
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December 28, 2014, 08:31:25 PM |
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Always create new account to play dice, change your IP and mac address before create new acc. I thought new acc has more chance to win.
First time I've heard something like this. The newer the account => more chances to win? But overall, I don't think any strategy can really help. It's mostly just pure luck. actually i think its more probable to get a row of wins with new account than with one that have much more wins than looses. I mean on an old account win and loose count will be the same after some time. |
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magicmexican
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December 28, 2014, 08:33:10 PM |
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Let's guys make some problems to Dice site profit 
1. We take for balance let say 15 - 20 BTC and start on single bet;
2. Make our starting bet 1 Satoshi, % of win 49.95%, double Martingale - then next bet will be 4 Satoshi and so on;
3. When we reach - 0.1 - 1.5 BTC win, we stop play and make withdraw all win & balance to our wallet
How do you think - is that real or not ? I bet that the dice site owners are trembling in fear. Seems like a bulletproof way to print BTC |
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byteSized
Member
Offline
Activity: 60
Merit: 10
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December 28, 2014, 08:37:44 PM |
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80% of the time that will work every time
There is some math I don't get in this statement: am I the only one? i guess he just picked random number. even his sentence is total nonsence Maybe he's saying that it'll just work 80% of the time? Or he's probably just upping his post count for his signature campaign.  |
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H1N1
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December 28, 2014, 09:17:44 PM |
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you can encounter 20 losing streks thou...
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monetizator4
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December 28, 2014, 11:17:56 PM |
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you can encounter 20 losing streks thou...
With 20BTC of bankroll and basebet of 1 satoshi OP should not afraid even 30 losing streak. But... To win 0.1 BTC with basebet of 1 satoshi he should play more than 10mln of bets. 1 bet in second means it'll take at least 115 days  So it is not daily profit. It's annual profit. |
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fusioncoins
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December 28, 2014, 11:23:48 PM |
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This method makes Dice owners happier  |
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adaseb
Legendary
Offline
Activity: 3752
Merit: 1709
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December 28, 2014, 11:24:21 PM |
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It will work but eventually as time -> infinity you will go bankrupt.
It might work in the short terms but eventually you will be cleaned out.
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Snail2
Legendary
Offline
Activity: 1512
Merit: 1000
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December 29, 2014, 12:21:00 AM |
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This will not work. With 1 sat base bet reaching even 0.1 BTC would take ages. If you have some losing streaks then even longer.
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james.lent
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December 29, 2014, 12:41:00 AM |
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Best plan ever The longer you roll the more likely it is that you will bust. |
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sickhouse
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December 29, 2014, 12:53:11 AM |
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This is a very bad idea, the only ones who will get headaches from this are the people doing it :/
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Turn off the news and read. Watch Psywar, learn something important about our society and PR, why and how it got started and how it brainwashes you.
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twister
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December 29, 2014, 08:23:14 AM |
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How about this OP, you do this and win and get rich then come here and rain on us. |
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rozee
Legendary
Offline
Activity: 1736
Merit: 1001
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December 29, 2014, 09:34:29 AM |
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in my opinion its doesnt work, right?
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