dice strategy

[mindrust]

Now I am telling you all, the only way to win is;

Firstly, you will need a decent amount of money, if you want this to succeed.

Secondly, choose an honest dice casino with the maximum pay cap.

Now, Sit down and play until you see red(it may happen at first round), when you see red: only but only do 1 circle (4 rounds) of martingale. Nothing more. (you lose or you win, this is where luck kicks in.)

If you lose, do not ever gamble in your whole life again. It will make it worse.

If you win, it is the same. Remember this: The more you play, more you lose. You don't have infinite money to beat the casino which is the only way to clean up the casino. (assuming there is no max pay cap)

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[sandykho47]

Usually i use martingale for short term then all-in 2 times
Then withdraw 

But, the risk is totally high 

[Omikifuse]

If you don't wanna lose then go faucet and 999x payout.

Sooner o later you win and get some mBTC for free

[Unbelive]

A lot of people say strategy is useless, and yes everything about dice is luck. But some people seem luckier than others. What is your go-to strategy?

Mine: I've rarely seen 1.1x payout go past 7 losses in a row. With a bankroll of .01111110 you could roll for awhile with 10 satoshi, martingale an increase on loss of 900% and maybe not bust. At a profit of 1 satoshi per bet it would take you awhille to get anywhere. You could scale it or even change the loss increase % for more variations of bust, I mean profits.. ahem.

As little bets as possible. max bet. hope for the best.

[dolphinpuke]

Thanks for the replies everybody. I have a lot of fun playing around with this stuff and it's cool to see what other people have toyed around with.

[finlon]

A lot of people say strategy is useless, and yes everything about dice is luck. But some people seem luckier than others. What is your go-to strategy?

Mine: I've rarely seen 1.1x payout go past 7 losses in a row. With a bankroll of .01111110 you could roll for awhile with 10 satoshi, martingale an increase on loss of 900% and maybe not bust. At a profit of 1 satoshi per bet it would take you awhille to get anywhere. You could scale it or even change the loss increase % for more variations of bust, I mean profits.. ahem.

For short term I just use martingale .It has been profitable till now. I start it after 5 losses.

[darkmind]

If you don't wanna lose then go faucet and 999x payout.

Sooner o later you win and get some mBTC for free

Sooner or later ? oh yeah, it can take months to hit 999x payout from faucets, better to use your time to do something much better

[baumi]

There are a lot of betting strategies which you can use. The core of this problem is based on reshape probability distribution - minimize the impact of loss.
This question is quite old and it was solved by the classical mathematicians as Jacob Bernoulli, Blaise Pascal and many more having familiar names.
It is interesting that origin of probability and statistical studies is in gambling itself. These mathematicians wish to solve gambling problems (especially focused on roulette and dice) and then their conclusions were generalized to common probability laws.
Did you know, that even the first woman programmer Ada Lovelace tried to build roulette betting system?

Among the most popular betting systems belongs Martingale, Labouchère and Fibonacci.

The most popular is Martingale. It works great but you have to have infinity bankroll to be unbeatable.

Labouchère (also know as split martingale) is less aggressive, thus more robust against loss. At first you specify the amount you want to win. Then you bet a proportion of your win goal until you loss your stake, when you start act as in Martingale system.

Fibonacci is based on familiar sequence 1, 1, 2, 3, 5, 8, 13..., where every subsequent element is sum of previous two ones. As in Martingale strategy you bet the same amount again and again until you loss when you increase your bet by factor of Fibonacci sequence element.

A little bit of my bias. I along with my colleagues were developed Dice game with implemented these betting strategies. You can try them, learn them and improve them.

For more information, please go to dedicated CoinXerox Dice thread, or Dice game itself and then Botting section.

[Vortex20000]

Strategy: stop dicing.

[rz20]

There isn-t any strategy you will fail with everything, just play and when you are ahead stop playing

[stellar69]

There isn-t any strategy you will fail with everything, just play and when you are ahead stop playing

How do I know that when I am ahead? Whenever I start playing I feel like I can go more ahead more and more ahead! If I can win once why cant i win a thousand time? That's my problem and I loose it all.

[fox19891989]

If your luck is good, play 2X. If your luck is bad, don't play, just pray for your lucky tomorrow

[stellar69]

There are a lot of betting strategies which you can use. The core of this problem is based on reshape probability distribution - minimize the impact of loss.
This question is quite old and it was solved by the classical mathematicians as Jacob Bernoulli, Blaise Pascal and many more having familiar names.
It is interesting that origin of probability and statistical studies is in gambling itself. These mathematicians wish to solve gambling problems (especially focused on roulette and dice) and then their conclusions were generalized to common probability laws.
Did you know, that even the first woman programmer Ada Lovelace tried to build roulette betting system?

Among the most popular betting systems belongs Martingale, Labouchère and Fibonacci.

The most popular is Martingale. It works great but you have to have infinity bankroll to be unbeatable.

Labouchère (also know as split martingale) is less aggressive, thus more robust against loss. At first you specify the amount you want to win. Then you bet a proportion of your win goal until you loss your stake, when you start act as in Martingale system.

Fibonacci is based on familiar sequence 1, 1, 2, 3, 5, 8, 13..., where every subsequent element is sum of previous two ones. As in Martingale strategy you bet the same amount again and again until you loss when you increase your bet by factor of Fibonacci sequence element.

A little bit of my bias. I along with my colleagues were developed Dice game with implemented these betting strategies. You can try them, learn them and improve them.

For more information, please go to dedicated CoinXerox Dice thread, or Dice game itself and then Botting section.

Labouchère is one of the system that I found was the best.

Just while searching for other systems I found out reverse Labouchère. Was just trying it out and made a 0.04BTC profit . Here is more info on reverse labouchere http://www.roulette-games.co.uk/strategy/Reverselabouchere-system.php

[bitbaby]

Here is a simple strategy that I use. Only gamble with the money you can afford to lose, and have fun with it. Gambling is not a job or a business for players, so don't always expect to win. 

[baumi]

There are a lot of betting strategies which you can use. The core of this problem is based on reshape probability distribution - minimize the impact of loss.
This question is quite old and it was solved by the classical mathematicians as Jacob Bernoulli, Blaise Pascal and many more having familiar names.
It is interesting that origin of probability and statistical studies is in gambling itself. These mathematicians wish to solve gambling problems (especially focused on roulette and dice) and then their conclusions were generalized to common probability laws.
Did you know, that even the first woman programmer Ada Lovelace tried to build roulette betting system?

Among the most popular betting systems belongs Martingale, Labouchère and Fibonacci.

The most popular is Martingale. It works great but you have to have infinity bankroll to be unbeatable.

Labouchère (also know as split martingale) is less aggressive, thus more robust against loss. At first you specify the amount you want to win. Then you bet a proportion of your win goal until you loss your stake, when you start act as in Martingale system.

Fibonacci is based on familiar sequence 1, 1, 2, 3, 5, 8, 13..., where every subsequent element is sum of previous two ones. As in Martingale strategy you bet the same amount again and again until you loss when you increase your bet by factor of Fibonacci sequence element.

A little bit of my bias. I along with my colleagues were developed Dice game with implemented these betting strategies. You can try them, learn them and improve them.

For more information, please go to dedicated CoinXerox Dice thread, or Dice game itself and then Botting section.

Labouchère is one of the system that I found was the best.

Just while searching for other systems I found out reverse Labouchère. Was just trying it out and made a 0.04BTC profit . Here is more info on reverse labouchere http://www.roulette-games.co.uk/strategy/Reverselabouchere-system.php

Thank you stellar69 for your comment. Reverse Labouchère betting strategy was added among CoinXerox Dice bots.

Those who are interested in betting strategies should read the article which stellar69 posted here.