I’m using blockchain to calculate wins and loses and last I checked he was down 118K Steem. Making endless 500 Steem bets on 50/50 odds eating loses after loses.
You are viewing a single comment's thread from:
I’m using blockchain to calculate wins and loses and last I checked he was down 118K Steem. Making endless 500 Steem bets on 50/50 odds eating loses after loses.
Holy sh..rimp.
That is hard to believe but o-kay..
Only way I play on 50/50 odds will be
Martingale , and never exceed 512Steem.
118,000Steem.. well,
¯___(ツ)____/¯
That'd be 8.5BTC or more he could save.
Hope people will be able to distinguish between investment and speculation.
Betting should be stayed as a small fun, not a savings breaker.
Thank you for your reply!
Martingale is great except for the fact 10-20 consecutive losing streaks happen quite often and even starting at 0.100 you will hit ceiling in 11 loses which happens often.
There is a guy that runs a martingale bot on a stream I've seen it hit 210 losing rolls in a row in the python log.
Indeed.
So actually the best way for making profit from the dice betting is..
Because simply,
More you play,
More you will lose.
I do not want to waste my luck on gambling.. so
Either I play very small, or not playing at all.
Thank you for your kind explanation:)
Wow. Hahahah got steem to burn huh!
I was kicking ass following a formula I saw ipromote using, went from 600 steem to 2000 something... then an update occurred and I tried the same method and went down to below 400 rapidly. Unsure how to approach playing now. I was digging the income I was making via magic dice, once I hit 2400 steem was gonna buy 200 packs of SM via @smartsteem s @smartmonsers but now I gotta work back up to even get 100 packs at around 718 steem. Will continue to use magic dice need to figure out a new method,