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Author Topic: How to gamble with 1 BTC  (Read 2693 times)
bitllionaire
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March 11, 2015, 10:29:58 PM
 #41

I would make low risk bets of 1.1x with small amounts of 0.01 or 0.02 bitcoins
TriggerX
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March 11, 2015, 10:56:16 PM
 #42

Are you making this thread because you actually have 1BTC and looking to profit it? I suggest you invest it on BTCjam if that is the case because gambling is too risky and you can lose the bitcoin in a matter of seconds.

If this is just a question, then I would still stick to investing it.  Do NOT gamble it.

Hi!
philiveyjr
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March 11, 2015, 11:16:21 PM
 #43

The best way might be to find a site that gives a bonus for first time deposits. It might be possible to have a slight advantage with the bonus. Of course it may take a while to clear the bonus and the chance at going broke is still there. But that is probably the best way to get a slight advantage. The alternative is probably to bet it all and taking a shot at it.

How is the bonus gonna help you? And bonuses normally need to wager it x10 or even more

Lol..true.. I dont think bonus helps..! People generally lose all their gambling money before the bonus money is released. In a long term situation bonus might help a bit but I dont see that happening often. It is just put to attract new customers.. as it sounds good.

vennali
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March 11, 2015, 11:24:11 PM
 #44

I just might start a new thread in this section about Doubling yout BTC. Will probably do it in a few says if possible Wink

I have 1 BTC n I am going to gamble on sports. planing to double it up.! Smiley

wish me luck.

Hfleer
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March 11, 2015, 11:25:00 PM
 #45

Are you making this thread because you actually have 1BTC and looking to profit it? I suggest you invest it on BTCjam if that is the case because gambling is too risky and you can lose the bitcoin in a matter of seconds.

If this is just a question, then I would still stick to investing it.  Do NOT gamble it.

BTCjam is way riskier than people think. There are some statistics of the average returns and with defaults nearly all lenders are down.

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TriggerX
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March 11, 2015, 11:29:52 PM
 #46

Are you making this thread because you actually have 1BTC and looking to profit it? I suggest you invest it on BTCjam if that is the case because gambling is too risky and you can lose the bitcoin in a matter of seconds.

If this is just a question, then I would still stick to investing it.  Do NOT gamble it.

BTCjam is way riskier than people think. There are some statistics of the average returns and with defaults nearly all lenders are down.

There are ranks in BTCJam so I recommend trading with high level people. BTCJam are the only investment plans I know of.

Hi!
koshgel
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March 11, 2015, 11:32:05 PM
 #47

Find the lowest house edge game and go to town

Otherwise play a game you enjoy so at least you have fun if you lose.
Hfleer
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March 11, 2015, 11:38:33 PM
 #48

Are you making this thread because you actually have 1BTC and looking to profit it? I suggest you invest it on BTCjam if that is the case because gambling is too risky and you can lose the bitcoin in a matter of seconds.

If this is just a question, then I would still stick to investing it.  Do NOT gamble it.

BTCjam is way riskier than people think. There are some statistics of the average returns and with defaults nearly all lenders are down.

There are ranks in BTCJam so I recommend trading with high level people. BTCJam are the only investment plans I know of.

The problem with BTCJam is the non-enforecement.

There are plenty of gambling sites that let you invest into the house. Also Bitfinex has a swap program, so do other sites.

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March 12, 2015, 12:13:15 AM
 #49

I am a all in kind of guy, so i would have to advise what i would do lol so that would be all in Smiley: Basically a coin flip  on a respected dice site that way you have lowered the house edge to a one time percentage instead of multiple boring bets that add up over time. Did you get a bitcoin and do this? Always be careful gambling and only risk what you can afford to lose.
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March 12, 2015, 12:42:40 AM
 #50

You could just bet the whole bitcoin on 49%-50% ( depends on the house edge) and win or lose

I prefer this way. You can win or lose money but at least you do not lose your time.
Hfleer
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March 12, 2015, 12:46:13 AM
 #51

You could just bet the whole bitcoin on 49%-50% ( depends on the house edge) and win or lose

I prefer this way. You can win or lose money but at least you do not lose your time.

Most gamblers like the time spent on gambling. The rush when the adrenalin shoots in and they see their balance change in a blink of the eye.

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rayhan
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March 12, 2015, 12:52:27 AM
 #52

you must apply the MM (Money Management) if you have 1 BTC at least you can get 10% of 1 BTC /day, that's better than you want get 2 or 3 btc in 1 day
that easy if you play dice with high % chance to win

EcuaMobi
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March 12, 2015, 12:55:31 AM
 #53

You could just bet the whole bitcoin on 49%-50% ( depends on the house edge) and win or lose

I prefer this way. You can win or lose money but at least you do not lose your time.

Most gamblers like the time spent on gambling. The rush when the adrenalin shoots in and they see their balance change in a blink of the eye.

Exactly. Gambling definitely is the worst thing to do to earn money. You should not do it if your target is winning.
The objective should be having fun and in this case martingale or other slow strategies would bit much better.


Hfleer
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March 12, 2015, 12:56:38 AM
 #54

you must apply the MM (Money Management) if you have 1 BTC at least you can get 10% of 1 BTC /day, that's better than you want get 2 or 3 btc in 1 day
that easy if you play dice with high % chance to win

No it is not. That is just pure luck and in the long run you will always bust if you are playing against a house edge. Money manangement will only last your money longer.

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March 12, 2015, 01:19:07 AM
 #55

The best way might be to find a site that gives a bonus for first time deposits. It might be possible to have a slight advantage with the bonus. Of course it may take a while to clear the bonus and the chance at going broke is still there. But that is probably the best way to get a slight advantage. The alternative is probably to bet it all and taking a shot at it.

How is the bonus gonna help you? And bonuses normally need to wager it x10 or even more

Lol..true.. I dont think bonus helps..! People generally lose all their gambling money before the bonus money is released. In a long term situation bonus might help a bit but I dont see that happening often. It is just put to attract new customers.. as it sounds good.

I think it only helps if you are able to clear the bonus. But like I said the risk of going broke is there. It also helps if the game has a very low house edge and that you have a decent bankroll for the stakes you play. In other words it is not a sure fire win but it probably better than just playing the game straight on without a bonus. The games are a long term losing proposition.
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March 13, 2015, 09:00:59 PM
 #56

The best Dice strategy is to play at Direct Dice. Direct Dice is the most favorable to the players as it features No House Edge for frequent bettors.

Furthermore, while betting with no house edge you are freerolling on the 10 BTC jackpot which is on the house !

Please feel free to contact us if you have any questions.

All the Best,

Michelle

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March 13, 2015, 09:03:48 PM
 #57

i will recommend you to play on 777coin the best gambling with  unique provably fair games,
hope you can easily double your amount there my experience with site is still profitable and i enjoy to play there it is like having fun in this way.
Hfleer
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March 13, 2015, 10:35:52 PM
 #58

The best way might be to find a site that gives a bonus for first time deposits. It might be possible to have a slight advantage with the bonus. Of course it may take a while to clear the bonus and the chance at going broke is still there. But that is probably the best way to get a slight advantage. The alternative is probably to bet it all and taking a shot at it.

How is the bonus gonna help you? And bonuses normally need to wager it x10 or even more

Lol..true.. I dont think bonus helps..! People generally lose all their gambling money before the bonus money is released. In a long term situation bonus might help a bit but I dont see that happening often. It is just put to attract new customers.. as it sounds good.

I think it only helps if you are able to clear the bonus. But like I said the risk of going broke is there. It also helps if the game has a very low house edge and that you have a decent bankroll for the stakes you play. In other words it is not a sure fire win but it probably better than just playing the game straight on without a bonus. The games are a long term losing proposition.

Most dice sites that offer a first deposit bonus have a worse house edge than the sites without one. So please calculate before you try to clear on of the boni.

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rayhan
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March 13, 2015, 11:56:39 PM
 #59

you must apply the MM (Money Management) if you have 1 BTC at least you can get 10% of 1 BTC /day, that's better than you want get 2 or 3 btc in 1 day
that easy if you play dice with high % chance to win

No it is not. That is just pure luck and in the long run you will always bust if you are playing against a house edge. Money manangement will only last your money longer.
but it depends on each person. I always apply a daily goal of around 5-10% of the bitcoin that I bring to the gambling sites
I play in coinroyale.com (isn't because my signature is coinroyale Tongue ) so far run smoothly and is easy to get my daily goal ..

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March 14, 2015, 12:09:46 AM
 #60

Every house has an edge, so expect to lose 1% of whatever you wager...

However you could look up the fibonacci method and play on 49% winchance

If you're good at sports and know teams very well you could also bet on sports...

Me being a gamer, I would bet on E-Sports Bets

i agree with you, i would suggest you to bet on sportsbook.
if you search refference for your bet, i think it would be great profit.
but you must have strong data for each team you'll bet.
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