jpouza
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December 14, 2015, 09:24:00 PM |
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If you are an experienced trader, you could win 1 btc with 1 btc for sure, specially with altcoins in the past, now I think BTC only trade is more solid.
Yes. Now a days only btcoin gets more volume compared to any other alt coins. But trading in bitcoin with a predetermined target of 1 bitcoin might not be good idea as the target set will make you over trade and result in unwanted things. Wait for good opportunity and trade only on those. Unfortunatly altcoins are in the mud today, it was really a good chance to win some BTC in the exchange in the past, also Bitcoin's future is uncertain.
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adaseb
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Activity: 3878
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December 14, 2015, 09:27:09 PM |
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If you are an experienced trader, you could win 1 btc with 1 btc for sure, specially with altcoins in the past, now I think BTC only trade is more solid.
Yes. Now a days only btcoin gets more volume compared to any other alt coins. But trading in bitcoin with a predetermined target of 1 bitcoin might not be good idea as the target set will make you over trade and result in unwanted things. Wait for good opportunity and trade only on those. Unfortunatly altcoins are in the mud today, it was really a good chance to win some BTC in the exchange in the past, also Bitcoin's future is uncertain. No its hard making money with altcoins, its easier if you can find one that you can short because most Altcoins go down to 1 satoshi. Look at NMC or DRK even, never gaining any actual value ever.
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jackg
Copper Member
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https://bit.ly/387FXHi lightning theory
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December 14, 2015, 09:32:34 PM |
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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%
if you go to betcoin.tm or follow the 777coin.com link in my signature, you can bamble 10 mBTC at a time and have a greater chance of winning, with a lesser chance of loosing on a game such as blackjack which is slightly easier to play, than other games!
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quadriple7
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December 14, 2015, 09:38:56 PM |
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i think the best way would be to just do an all in bet and hope that you will be lucky enough to win it as there is no possible way to beat the house edge
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jpouza
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Merit: 1122
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December 17, 2015, 04:04:18 PM |
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i think the best way would be to just do an all in bet and hope that you will be lucky enough to win it as there is no possible way to beat the house edge
All in is crazy, you must be a very "exotic" person to do this
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Financisto
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December 20, 2015, 05:55:36 AM |
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Strategy 1:You're always playing 9900x using a martingale sequence, i.e. your wager for each round is ceiling((2 - PLAYER_BR)/9899,1e-8) you run out of funds after 6861 bets. You lose all of them with a probability of 0.9999^6861 = 0.5035187605260536 or put differently you have a 49.64812% chance of winning. Strategy 2:You're constantly playing 20203 satoshi but increase the payout each round by exactly 1x starting at 4951x which will leave you with 1.00004850 BTC profit. You run out of funds after 4949 games and your last payout will be 9899x. You lose all of them with a probability of prod(1-0.99/i, i=4949..9899) = 0.5035283796177312 leading to a 49.64716% chance of winning. I Hope the math is correct How about this: bet 0.01088928 BTC @ 1.0664% if you win, your profit is ((99 / 1.0664) - 1) * 0.01088928 = 1.00002474 BTC if not, martingale at the same chance of winning, to keep the same net profit you can afford 64 bets chance of winning = 100 * (1 - ((100 - 1.0664) / 100) ** 64) = 49.649475445976265% Edit: here are the 64 bets: chance multiplier 1.0664% 92.83570893x bet # stake total lost profit ----- ---------- ----------- ---------- 1 0.01088902 1.00000087 2 0.01100759 0.01088902 1.00000081 3 0.01112745 0.02189661 1.00000065 4 0.01124861 0.03302406 1.00000001 5 0.01137110 0.04427267 1.00000036 6 0.01149492 0.05564377 1.00000036 7 0.01162009 0.06713869 1.00000051 8 0.01174662 0.07875878 1.00000040 9 0.01187453 0.09050540 1.00000048 10 0.01200383 0.10237993 1.00000031 11 0.01213454 0.11438376 1.00000032 12 0.01226667 0.12651830 1.00000004 13 0.01240025 0.13878497 1.00000078 14 0.01253527 0.15118522 1.00000019 15 0.01267177 0.16372049 1.00000049 16 0.01280975 0.17639226 1.00000021 17 0.01294924 0.18920201 1.00000063 18 0.01309024 0.20215125 1.00000022 19 0.01323278 0.21524149 1.00000024 20 0.01337687 0.22847427 1.00000007 21 0.01352254 0.24185114 1.00000091 22 0.01366978 0.25537368 1.00000026 23 0.01381863 0.26904346 1.00000022 24 0.01396910 0.28286209 1.00000011 25 0.01412121 0.29683119 1.00000014 26 0.01427498 0.31095240 1.00000051 27 0.01443042 0.32522738 1.00000047 28 0.01458755 0.33965780 1.00000020 29 0.01474640 0.35424535 1.00000075 30 0.01490697 0.36899175 1.00000041 31 0.01506929 0.38389872 1.00000021 32 0.01523338 0.39896801 1.00000024 33 0.01539926 0.41420139 1.00000057 34 0.01556694 0.42960065 1.00000032 35 0.01573645 0.44516759 1.00000045 36 0.01590780 0.46090404 1.00000005 37 0.01608102 0.47681184 1.00000003 38 0.01625613 0.49289286 1.00000036 39 0.01643314 0.50914899 1.00000007 40 0.01661208 0.52558213 1.00000001 41 0.01679297 0.54219421 1.00000009 42 0.01697583 0.55898718 1.00000020 43 0.01716068 0.57596301 1.00000020 44 0.01734755 0.59312369 1.00000086 45 0.01753644 0.61047124 1.00000016 46 0.01772740 0.62800768 1.00000067 47 0.01792043 0.64573508 1.00000031 48 0.01811557 0.66365551 1.00000070 49 0.01831283 0.68177108 1.00000065 50 0.01851224 0.70008391 1.00000077 51 0.01871382 0.71859615 1.00000078 52 0.01891759 0.73730997 1.00000032 53 0.01912359 0.75622756 1.00000088 54 0.01933182 0.77535115 1.00000024 55 0.01954233 0.79468297 1.00000076 56 0.01975512 0.81422530 1.00000015 57 0.01997024 0.83398042 1.00000073 58 0.02018769 0.85395066 1.00000016 59 0.02040752 0.87413835 1.00000072 60 0.02062973 0.89454587 1.00000001 61 0.02085437 0.91517560 1.00000025 62 0.02108146 0.93602997 1.00000085 63 0.02131101 0.95711143 1.00000028 64 0.02154307 0.97842244 1.00000067 0.99996551 Edit: and the calculations showing that it works for the first 5 bets: >>> 0.01088902 * (99/1.0664 - 1) 1.0000008712228057 >>> 0.01100759 * (99/1.0664 - 1) - 0.01088902 1.0000008112303074 >>> 0.01112745 * (99/1.0664 - 1) - 0.01088902 - 0.01100759 1.0000006493023257 >>> 0.01124861 * (99/1.0664 - 1) - 0.01088902 - 0.01100759 - 0.01112745 1.0000000137959488 >>> 0.01137110 * (99/1.0664 - 1) - 0.01088902 - 0.01100759 - 0.01112745 - 0.01124861 1.0000003597824456Edit2: I can make ever increasing longer sequences which do slightly better, but it appears never to beat 49.65222222222% chance of doubling. I wonder if: Anyone tried/tested that already? Any testimony of good/bad luck (success/failure)?
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dooglus
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April 29, 2018, 02:08:17 AM |
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can someone please script this? xD
I expect dicebot can already do this. Also if i use this strategy at a 0.4% house edge do i actually beat house edge?
No. You can never beat the house edge, or even change it (unless you are cheating, of course).
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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reda
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April 30, 2018, 08:20:53 PM |
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also this may sound dumb but is there a percentage at which the bet is being increased at
If need to more profit. Most of the people use the gambling. But before star the gambling you know the all process. It any time to get more profit. So check the gambling people then use the Bitcoin. 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. Just try. But check the process and rules is important for this process. It change your life.
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dooglus
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May 01, 2018, 01:25:12 AM |
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also this may sound dumb but is there a percentage at which the bet is being increased at
Each bet increases the previous one by 100 / ((99 / 1.0664) - 1) percent. That's around 1.0889%
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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dooglus
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May 01, 2018, 01:27:24 AM |
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It will take time but it will work. Just try. But check the process and rules is important for this process. It change your life.
Are you claiming to have a winning system? How much has it won for you so far? Why don't you automate the process and win all the Bitcoins?
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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BTCevo
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Merit: 1008
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May 02, 2018, 02:03:56 PM |
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also this may sound dumb but is there a percentage at which the bet is being increased at
If need to more profit. Most of the people use the gambling. But before star the gambling you know the all process. It any time to get more profit. So check the gambling people then use the Bitcoin. 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. Just try. But check the process and rules is important for this process. It change your life. I do not quite underatand about your betting strategy, may be you can try to explain it more here since everyone may be need this It will take time but it will work. Just try. But check the process and rules is important for this process. It change your life.
Are you claiming to have a winning system? How much has it won for you so far? Why don't you automate the process and win all the Bitcoins? I do not think that it is a winning system or any good strategy because every strategy is just based on your luck when you do it. Last time, me and my friend trying the same strategy at the same time but the result that we both get is not the same. On the same time we stop I lose it and my friend got some amount and after he continued for just a little while then he face huge losing streak
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