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

too risky bet 1 btc, if i have 5 btc, i'll place sportsbook.
place some parlay there, and gothca. you burned down as usual lol.
the best way to collect 1 btc is just buy miner hardware.

Quote from: Wendigo on March 12, 2015, 01:34:01 PM

Maybe parlay Bayern Munich and Barcelona next games to be over 3 goals and probably you will win big Cool

Bayern plays like a predator the last games so many goals.

It is not very hard to do it..but may require some luck n loads of skill..It is easy to make money on sports betting if u can see the good picks n value picks right. Like yesterday Bayern Munich was a easy pick @ 1.14x n they won the match easily 7-0.. n then was OKC vs Clippers.. was getting 3.5x.. That was good value for Clips.! Both won.! Wink

Quote from: Aaron2dc71 on January 29, 2015, 11:35:22 AM

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

no offence but i think thats one of the worse decision you can make to try and win 2x you balance all in on 50 percent is the best

Quote from: avw1982 on March 12, 2015, 06:58:20 PM

Quote from: Wendigo on March 12, 2015, 01:34:01 PM

Maybe parlay Bayern Munich and Barcelona next games to be over 3 goals and probably you will win big Cool

Bayern plays like a predator the last games so many goals.

bayern munchen very familiar with the number 7, they had several times scoring 7 goals to the opponent and you can see evidence of this http://prntscr.com/6g3s14 Grin

use 1 btc to trading alt coin, but its needed patience.
if you want instant, just place sportsbook like everyone said.

Quote from: philiveyjr on March 12, 2015, 07:10:59 PM

Agree a 1000 percent on that. Although all are gambling, sports betting has proven to be more strategic and safer choice.

Quote from: philiveyjr on March 12, 2015, 07:10:59 PM

Hello, Phil Ivey Grin

I think the best way to double 1B is to play poker, don't you agree?

Since I play freerolls, I have earned 0.1btc from freerolls. Poker freeroll is a safe way to make money.

But NL holdem is different. Cheesy

Quote from: Sarahiko on March 12, 2015, 12:37:00 PM

The best way to win is not to bet at all, or bet it all and forget about it if you lose, chances are you might win big that is gambling.
or as the other fellow said you can hold on to it and see if it doubles the value in 6 months cheers.

Or bet on something with a change to have a positive edge.

I have actually been gambling by only betting on Sports. Even though I agree that including poker its the best way to gamble, I feel without proper bankroll management even the good pickers mess up. I have in the past bet my entire bank roll on matches that were clear favourites to win but lost because my player lost in the 3rd set. So as long as you can do proper bankroll management like poker, then with sports betting it is comparatively easier to recover the 1 BTC with 1 BTC.

Yes the strageties about dice sites are all useless because the edge is exactly the same.

You can win more just buy finding a dice site with a smaller edge but your odds are pretty much the same.

I think the best way to earn 1 BTC with 1 BTC is buying altcoins that crashed a lot on high volume and sell it during the dead cat bounce. Martingale may work but you need to pray that you won't have too many consecutive losing streaks.

Quote from: shanem on March 16, 2015, 02:21:00 PM

this will actually be the worst case scenario, because there isnt always a guarantee that once an altcoin crash, it will bounce back higher, it could go deeper as to be worthless and delisted from an exchanger soon after that ( happened to alot altcoins already)

what should i do for won 1 btc with 1 btc ?
dont know, i guess only with gambling, but this is serious i feel shaky if directly bring 1 bitcoin in gambling sites .. i never carry that much but I've got 1 bitcoin with little bitcoin
well. i will be playing dice in coinroyal, once in a while roullete as well Tongue

my bet would be dice, 2x that's 49.5% to win 1 bitcoin and quick

Here's an article on how to ALWAYS win in betting, using 'sure bets':
http://en.wikipedia.org/wiki/Arbitrage_betting
http://www.onlinebookmakers.co/arbitrage-betting-explained.html

See, you lose at one side but you win at the other side.. A bit of calculation is involved.

Quote from: kattekop on March 17, 2015, 08:43:32 AM

If everyone use this strategy, then this way should be invalid.
Gambling should be for fun, you can't expect to be rich by gambling.

Quote from: Ingatqhvq on March 17, 2015, 10:19:06 AM

Quote from: kattekop on March 17, 2015, 08:43:32 AM

If everyone use this strategy, then this way should be invalid.
Gambling should be for fun, you can't expect to be rich by gambling.

It is just like arbitraging on different exchanges. When people find and take the arbitrage opportunity, the odds on different sports books (bitcoin price in the case of exchanges) will move closer and closer, and very soon the gap will be gone.

My autobet strat is a bit near-yolo as the 2x itself but here it is.
Base bet-0.01(a bit near 0.007-9 would do as well)
Multiplier- 2.5x
On loss- 100%
And if you're lucky you will get 1BTC after 50-100 rolls.

Quote from: DiscoverCebu on July 09, 2015, 09:10:03 PM

Interesting math, will try this out some day.