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Author Topic: Challenge: What's the best way to win 1 BTC with 1 BTC?  (Read 15977 times)
dinda22
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October 07, 2015, 03:12:36 AM
 #141

looks simple, but you can also lose more quickly. yeah playing dice with odds x2, before you bet 1BTC maybe you can fish numbers with small bets
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October 07, 2015, 03:55:57 AM
 #142

0.01 on 100x i think if your lucky you can hit it twice in 100 rolls.
but everything depends on luck
regards.
-Katerniko1

I have tried those method and I hit 100x more than twice in 100rolls but on other day I tried the same and I did not hit in 500rolls even once. So yes, its all about luck.

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October 07, 2015, 04:58:32 AM
 #143

Wait for a decent price move with momentum and bet 1 BTC on secondstrade binary options. I've been having pretty good luck lately playing with the binary trading. I haven't bet a whole BTC though, I'm not a highroller  Wink Better than just random luck with dice in my opinion.

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October 07, 2015, 10:54:34 AM
 #144

Well those method is much more risky ,but well the prediction can turn into 75% more with lower risk then dice ,or similiar risk,anyway .
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October 10, 2015, 10:12:11 PM
 #145

0.01 on 100x i think if your lucky you can hit it twice in 100 rolls.
but everything depends on luck
regards.
-Katerniko1

"if lucky" it's not make sense to math, luck can not be calculated.
so it was clearly enough that it's not the right way or a strategy at all.
the best way to win 1 BTC with 1 BTC for me is play minesweeper in satoshimines once using 5 mines hit once too and withdraw your chance to win almost 70%.
do it again in dice sites. once per one dice site on 70% chance to win.
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October 10, 2015, 10:19:21 PM
 #146

You need to minimise your risk so I'd advise against making multiple smaller bets because you're likely to mess up that way.

My idea could fail too but I'd make a single bet on something quite likely that offers smaller odds.

So for example I'd bet on a football/soccer match by picking a strong team at home to beat a smaller team. E.g. Man City to beat Norwich at the Etihad. You might get 'evens' as your betting odds so bet 1 bitcoin & if Man City win you win back your stake + another 1 bitcoin. Simple right?

Or it could come crashing down & you lose but no gambling is certain.

Grin

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October 10, 2015, 10:20:33 PM
 #147

The best way you can actually do this is to bet 1BTC at 2x.  Hope for the best.  There are no strategies that actually work like that.  If there is a bounty for telling you what the best way is please send to me now:)
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October 11, 2015, 12:30:53 AM
 #148

to win 1 btc with 1 btc...i will try to use 90% chance for 10x rolls on dice with increase on loss 10x...

do it in sequences..10 rolls change seeds and so on until it hit 1 btc...

<a href="http://www.freebiebitcoin.com">Earn free bitcoin</a>
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October 11, 2015, 12:41:32 AM
 #149

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).

When does this competition end? The best 3 strategies I've seen so far, in reverse order, are:

leading to a 49.64716% chance of winning.

you have a 49.64812% chance of winning.

chance of winning =  100 * (1 - ((100 - 1.0664) / 100) ** 64) = 49.649475445976265%

So do I win?

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dooglus
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October 11, 2015, 01:39:46 AM
 #150

So do I win?

Yeah, yours is the best so far Cheesy! But a couple weeks before you posted that, I had already given the bounty to blockage  Undecided

Yeah, but you also said:

added 0.1 to blockage's account. If someone can beat his solution, I'll give them 0.1 as well.

On a side note, most of the replies to this thread are pretty hilarious. Seems like people don't like reading

Most people aren't very good at following instructions. Your OP is pretty clear. You want to maximise the chance of doubling 1 BTC using a well-defined sequence of bets. I'm glad you find it hilarious. Personally it makes me feel hopeless.

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dooglus
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October 12, 2015, 02:17:37 AM
 #151

Ahh touché, forgot I wrote that. I can't remember if you own dooglus on mp or if that's an imposter, so I've credited the 0.1 btc to dooglus on bustabit. Enjoy!

Thanks! I own both accounts by the way.

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October 12, 2015, 03:27:26 AM
 #152

Well im confused and well why to trought away 1 btc into the dice games ? Why not to choose others methods as altcoins,i understand you wanna to double it but i guess you choosing the fast way to loose it .

Because dice is the fastest way and the easiest way to get your money. Throw 1btc in dice games will lead you into doubling your balance if you know how to play it. Mostly people are using 1.xx multiplier with higher balance, this is safer than do martingale although sometimes you will lose too but you have earned it before you lose it so it is worth to try
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October 12, 2015, 03:51:26 AM
 #153

to win 1 btc with 1 btc...i will try to use 90% chance for 10x rolls on dice with increase on loss 10x...

do it in sequences..10 rolls change seeds and so on until it hit 1 btc...

But that is pretty scary too, if I do that 90% chances of win I will do it for 10 days or may be 5. Earn 0.1 or 0.2 each day, this is better rather than get it all just in one day. Dice is always the scariest game ever  Grin
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October 12, 2015, 03:53:41 AM
 #154

Well im confused and well why to trought away 1 btc into the dice games ? Why not to choose others methods as altcoins,i understand you wanna to double it but i guess you choosing the fast way to loose it .

Because dice is the fastest way and the easiest way to get your money. Throw 1btc in dice games will lead you into doubling your balance if you know how to play it. Mostly people are using 1.xx multiplier with higher balance, this is safer than do martingale although sometimes you will lose too but you have earned it before you lose it so it is worth to try
When it comes to gambling fastest not always is the best option. Unless, of course, you want to lose your money fast.
Dice is easy, but it is risky, there is nothing you can do to influence the outcome, martingale is fiction, other 'strategies' or dice 'hacks' are just gambler's superstition.


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October 12, 2015, 03:57:38 AM
 #155

@OP
I see that you have created this topic nearly ten months ago. I just wanted to know if you have tried out any of these 9 pages of suggestions for a long time.
can you please add some info and personal experience with the strategies that you used in this period?

Only Bitcoin
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October 12, 2015, 05:46:54 AM
 #156

Well im confused and well why to trought away 1 btc into the dice games ? Why not to choose others methods as altcoins,i understand you wanna to double it but i guess you choosing the fast way to loose it .

Because dice is the fastest way and the easiest way to get your money. Throw 1btc in dice games will lead you into doubling your balance if you know how to play it. Mostly people are using 1.xx multiplier with higher balance, this is safer than do martingale although sometimes you will lose too but you have earned it before you lose it so it is worth to try
When it comes to gambling fastest not always is the best option. Unless, of course, you want to lose your money fast.
Dice is easy, but it is risky, there is nothing you can do to influence the outcome, martingale is fiction, other 'strategies' or dice 'hacks' are just gambler's superstition.

Yes its true it is risky thats why you need some self control, or may be you can set your max win and max loss with some strategy. Some strategy will not end you up in losing though. I ever play with some strategy that lead me into winning 300% from my balance. This would me great right. This is not supersition but its pure luck
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October 12, 2015, 12:57:22 PM
 #157

The fact that the investment being called high risky ,the main advantages of dices websites is that you can make some profit very fast same as loose fast,but well there is an %% that you can sucess,the other way to make it double is the hyips were the risk is 99.999% to loose all money invested,since all ponzi and will lead into a deep loss.I know several people plays dice i had tryed my self  free satoshis i were earning and well i try to go on a bet high all in and all losted i guess were the 49% ratio to win or loose.
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October 12, 2015, 07:11:20 PM
 #158

How are people calculating these odds?  I don't think it is possible to have anything better then a 2x bet at any dice site.  That should give you your best odds to actually win.
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October 12, 2015, 07:41:57 PM
 #159

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%


You know want the easy one to make money?? I think no one  will open his tactic or tricks here in public for how he make or win money in gambling.. That was inlcuding me Smiley
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October 12, 2015, 07:48:53 PM
 #160

I think best and safest way to earn 1 btc is sports betting. If you have enough knowledge about any particular sport, if you are following any team or players then you can be in the position to predict the result. So as per me you can take a chance with sports betting as there are many chances to make some good profit.
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