You could of course wipe out... House always has the edge.
But my sheet will calculate along the following:
If you have a bankroll of 2 BTC - You have a 1 in 2200 chance of winning 1.25 BTC Profit before busting using X size bet, X payout, X bet increase.
You adjust only the bankroll and bet size, it tells you the odds on all streaks.
CD
The example I provided which you are quoting was just a hypothetical to illustrate how it works. They were not actual figures calculated by the product. I believe I stated that "this is basically what it does" but never said "here is the strategy".
The product allows for the player to set his own "risk/reward" level. Based on playing style and bankroll".
I also never said I busted out. I said I play in rounds. Example: Deposit 1 BTC to play a session of rolls. It is possible to bust out on that session before hitting the target "quit and withdraw" target. But its not a 100% bust. If that happens, you move on to another round.
CD
The first quote does not give any indication that it was merely hypothetical and instead implies that this is what will happen if you buy the guide... which it can not possibly do. This is very misleading to people.
It might be true that you have never 'busted' through your history of betting using this method, but are you saying that players who happen to buy this guide and follow the same strategy will never bust either?
I'm all for gambling for entertainment purposes, but I don't at all believe in preying on the sickness that sometimes goes along with gambling which involves gamblers' futile attempts to get rich quick.
Well as I stated many many posts ago the worksheet is no longer for sale. I'd like to take a moment to clarify a few things, as in truth, if you read this thread, people have misquoted a few of my posts, missed answers I provided and then accused me of 'dodging' the question, and perhaps even I myself have not been 100% clear on a few items.
1.) I am not preying on the sickness of people with gambling problems. Honestly I didnt even give thought to the fact that people here might actually have that problem. I am well diversified in cryptocurrencies, The only other site in which I played/gambled was Moneypot, which I was able to walk away with very nice winnings. This was prior to Eric selling the site, since which I have not played.
2.) I only started playing PrimeDice on 11/21. My first few days I simply played with the faucet and a very small deposit. I was using very small bets, just to familiarize myself with the site, learn how it worked, ect.
3.) Truth be told, I'm fairly decent at math. Most people aren't. I am also a wiz at excel. I am however, which I regret, not a programmer, so my abilities are limited - for instance I am not able to make bots or what not, beyond a simple macro recorder - which wouldnt do much good here.
4.) Based of a lot of very small betting/gameplay over 2 days I put together figures on wins and losses. I used the readily available data on PrimeDice's site - the odds/payout window - to construct a fairly complex Excel Workbook - which uses multiple tables/sheets which have relational properties, and use formulas to simply calculate "odds" over "periods".
5.) I stated very early on that PrimeDice will always, I repeat ALWAYS have an edge. They should, they are a business and they should make money. But every casino in the world and I'm sure Stunna know, it's the players who play recklessly, the players who don't use solid strategies, the high risk takers, that make up and account for the majority of the site's or casino's profit. Blackjack is a perfect example - playing perfect blackjack in a casino will not result, at least over the long haul, in high winnings for the house, and if the player has a bankroll large enough to withstand the inevitable swings of luck and has the power to "walk away ahead" they CAN win.
6.) The worksheet I created is not a cheating product. Its something anyone could put together. All it does is allow the user to enter in their bankroll amount (total) - their desired "session" bankroll, which is a fraction - 1/3, 1/4, 1/5 - of the total bankroll - simply how many sessions the player wants to have in his pocket to essentially "bust". (Session not total). It then allows you to simply enter in Bet Amount per roll, payout factor X, and what your "Increase on Loss/Win - Decrease on Loss/Win" amount would be. It then auto tables rolls - as streaks - and shows you the # of consecutive rolls from start that would wipe that session of play to zero.
7.) It also provides numbers on how to "minimize exposure" - so for instance, if you are starting with 1 BTC, and betting 100 Satoshi - how you could autobet - and use a payout factor that would return "Insufficient Funds" at as low of a loss possible. For instance, if you are using 2x Payout - starting with 1 BTC, you want the stop loss to be a loss that bets .01, .02, .04, .08, .16, .32, stop. Now with this play you have lost - .67 of your session. That is not "Ideal". Ideal would be to find your stop so your loss is at a much lower number. So you've lost a total of - just an example - .51 - so you've only stopped out at 1/2 loss.
8.) Next, it provides you with statistics on the odds of busting before x number of rounds. If you can create a gameplay strategy which basically says with X bankroll on this session, using X strategy, you with have X chance of busting out completely out in a session of X rounds. Now if you know what your return is over p/x where p is profit over x number of rounds, you can make better decisions on how you want to play your hands.
9.) Finally, the worksheet is not a holy grail. It is nothing more than a calculator. It doesn't integrate into PrimeDice or act as a bot in any way. I played all my rounds using the AutoBet feature - adjusting as I played.
10.) It's still a work in progress, I'm actually updating a few things now. And honestly, I have no doubt that if I were to continue to play forever... I would eventually meet -EV and lose all winnings. Because the house always has it's edge.
All that said - I still believe there are 2 types of players. Smart players, and not so smart players. Smart players have the edge over not so smart players, and the house has the ultimate edge over all. But the house makes most of it's winnings from the latter half of the two types of players; giving the very smart players a notably higher chance to see a positive ROI before busting out.
Hopefully this information helps. I was simply offering the worksheet for sale as a tool - and I stand corrected, you are right - I should have been more forthcoming that it is only a tool, and not in any way a sure fire way to win. I put a lot of work into it, and lets be honest, time is money, if someone wanted to buy it I was - at an earlier time, willing to sell. But I can see now that these types of products should be kept to ourselves and not shared or sold. Because someone will buy it, and bust out, and then be angry, and that's not what I am looking to have happen.
I play for fun. But I also find it entertaining to play well for fun.
CD
