Challenge: What's the best way to win 1 BTC with 1 BTC?

[RHavar]

Challenge: The person who provides the best way to win 1 BTC using a bankroll of 1 BTC. I will give 0.1 BTC to (payable to their moneypot account).

Assuming the constraints of a dice site such as bitdice.me or pocketrocketscasino.eu: 1% house edge, 9900x max payout, 1 satoshi minimum bet.  Provide a well-defined betting sequence to maximize the chance of winning 1 BTC. If I don't have the skills to analytically analyse your solution, I will be forced to simulate it over a few billion runs. Your betting sequence must be FULLY specified without any ambiguities.

Let me start with the most obvious solution:


Bet 1 BTC @ 2x  ... which gives an EV of -0.01, and a chance of winning at 49.5%

[1715686721]

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[michinzx]

three methods in mind, you could use a martingale to slowly profit with a positive progression system:
ex with martingale you would want to have a decent rate of profit to double your bank, so a 45% win chance(2.2x payout with 1% house edge) with a 120-150+ increase on loss with a base bet of 100 satoshi as a lower limit could work. Ive done this exact same thing and doubled my (substantially smaller) bankroll in a few hours, using a lower base bet of 10 satoshi. IF you feel this might involve a bit too much risk i used to use a martingale with different numbers with much smaller bankrolls(like 500k satoshi):

This other system relies on loss streaks to generate a profit; low win chance (9% win 11x payout on 1% house edge), and a marginal increase in profit (11-13%) with a small base bet 10 satoshi, in your case maybe use 50 - 70). As your loss streaks build up, the profit gained from a win increases exponentially, albeit a very small exponent > 1. This system involves less "risk" than a traditional 2x martingale but also profits much slower. when using this method make sure you can take AT LEAST 100 loss streaks from you initial bet using an appropriate compound interest formula.

then theres option 3 to deposit it all onto moneypot and let it ride, which might give you a stress induced heart attack for 10 seconds ¯\_(ツ)_/¯

[dwdoc]

Compare any gambling strategy to simply holding 1 Bitcoin for 6 months.  Chances are best you will double your money that way.

[jambola2]

Compare any gambling strategy to simply holding 1 Bitcoin for 6 months.  Chances are best you will double your money that way.

Oh really ? I didn't know that holding one bitcoin would make it two bitcoins as specifically asked by the OP.

[michinzx]

Compare any gambling strategy to simply holding 1 Bitcoin for 6 months.  Chances are best you will double your money that way.

op wants to double his btc, not double the value of his btc

[twister]

I think I might know a way but nothing is full proof and I have used it many times to double small amounts like 0.01 -0.05 but I don't wanna share it for free.

[DarKSpectrE]

Challenge: The person who provides the best way to win 1 BTC using a bankroll of 1 BTC. I will give 0.1 BTC to (payable to their moneypot account).

Not exactly free, bro.

[yahoo62278]

i personally have been messing with a system on primedice that did well for me yesterday.

11 sat base 7% win chance 25% increase on loss. autoroll to a huge win. i won .5 using this system. and i started with much less. with 1btc starter id prob start with 100 sat base.

[coinableS]

I've run a ton of different sequences to find out the most reliable way to double your bankroll.
The 2x bet does not work well at all.
Here are two techniques I use that work well but you can not automate.
So I came up with a method I like to call the twist.
Start with 2x and bet less than.
If loss quadruple your bet and, change to 75% win chance and flip it to bet greater than.


Another one that is similar start at 2x, on loss change to 3.33x, on loss change to 9.99x, on loss double your bet and go back to 3.33x, on loss triple your bet and go back to 2x. Repeat.

[ninjaboon]

i personally have been messing with a system on primedice that did well for me yesterday.

11 sat base 7% win chance 25% increase on loss. autoroll to a huge win. i won .5 using this system. and i started with much less. with 1btc starter id prob start with 100 sat base.

My lowest was 45% win chance.
never tried to go to such a low figure as 7%.
will try it out.

[fox19891989]

many ways:

1. future trading. try 20X. 50X legerage trading, if you are lucky enough, you may earn 20btc in 1 week.

2. binary option trading, you can register with my signature link, fortunejack has binary option trading, if you guess the right direction, you can make 1.8X in 1 minute, today I used 0.06btc to earn 0.05btc in some bets, feeling good, quick profit.

3. dice bet 0.1btc with 2X per roll, increase your bet when you earn a lot.   I used 80k doge and earned 3.4million doge in 1 week last year.

[yahoo62278]

i personally have been messing with a system on primedice that did well for me yesterday.

11 sat base 7% win chance 25% increase on loss. autoroll to a huge win. i won .5 using this system. and i started with much less. with 1btc starter id prob start with 100 sat base.

My lowest was 45% win chance.
never tried to go to such a low figure as 7%.
will try it out.

i recommend a minimum .1-.2 starter roll. you will see lots of red streaks and you gotta be able to sustain 50-75 losses

[ninjaboon]

i personally have been messing with a system on primedice that did well for me yesterday.

11 sat base 7% win chance 25% increase on loss. autoroll to a huge win. i won .5 using this system. and i started with much less. with 1btc starter id prob start with 100 sat base.

My lowest was 45% win chance.
never tried to go to such a low figure as 7%.
will try it out.

i recommend a minimum .1-.2 starter roll. you will see lots of red streaks and you gotta be able to sustain 50-75 losses

ok to be clear, its 0.1 btc to 0.2 btc starter roll? cool.

[GLBrim]

0.1 bet at 90% win chance @ dice sites.. you only need 100 wins xD

[twicezeroiszero]

I would say bet 0.1 at x10 after a preroll that should work if your lucky.

[MadZ]

Provide a well-defined betting sequence to maximize EV.

According to these conditions, maximal EV with 1 BTC bankroll attempting to win 1 BTC is achieved by making 1 bet of 0.0001010101 BTC @ 9900x.

.0001*1 - .9999*0.0001010101 = -0.00000099999899

You won't find a higher EV than this given typical dice site constraints.

[Mitchell]

Binary option & minesweeper is the best way to reach 100% easily
Martingale at dice site is good, since some players able to double their bitcoin at dice site

Personally i'll choose binary option

many ways:

1. future trading. try 20X. 50X legerage trading, if you are lucky enough, you may earn 20btc in 1 week.

2. binary option trading, you can register with my signature link, fortunejack has binary option trading, if you guess the right direction, you can make 1.8X in 1 minute, today I used 0.06btc to earn 0.05btc in some bets, feeling good, quick profit.

3. dice bet 0.1btc with 2X per roll, increase your bet when you earn a lot.   I used 80k doge and earned 3.4million doge in 1 week last year.

You two both didn't read the OP and are just posting here to earn some BTC. RHavar asked for a betting sequence, nothing else.

[bitbaby]

If you have a bankroll of 1 btc, try this 70% start with 1000k sats, bet only one way, 10x after 4 losses. It will take time but it will work. Good luck!

[Aaron2dc71]

do 20x multiplier bets with 0.1.. its just win or loss.. no guaranteed profit on gambling i guess

[redsn0w]

Use this technique on primedice :

Multiplier: x 6.262  - Increase on loss : 22.71 % - BaseBet : 15 satoshi.