Make Bank Off the Dice Game!

Discussion in 'RuneScape Miscellaneous' started by Pro Porkchop, Mar 21, 2011.

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Make Bank Off the Dice Game!
  1. Unread #1 - Mar 21, 2011 at 6:30 PM
  2. Pro Porkchop
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    Make Bank Off the Dice Game!

    [​IMG]
     
  3. Unread #2 - Mar 21, 2011 at 6:43 PM
  4. FibOfAllFibs
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    Make Bank Off the Dice Game!

    The chances are not any higher that you will roll 60-100 on the third roll than they are on the first two. Each roll is an independent event, so you are as likely to lose 30m as your are to lose 5m. It is always a 50% chance.
     
  5. Unread #3 - Mar 21, 2011 at 6:57 PM
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    Make Bank Off the Dice Game!

    I'd strongly advise AGAINST betting. Being the dealer can be 100x more profitable
     
  7. Unread #4 - Mar 21, 2011 at 7:33 PM
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    Make Bank Off the Dice Game!

    Just because there are only 2 options, doesn't mean that it is always 50/50. You made yourself look stupid by saying that you have the same chance to roll 1-59 and 60-100. When in reality that is simply not try.

    Let me do some basic math for you. Eh?

    I'll just round numbers, so I do not confuse you more.

    First roll: 60% chance to lose, 40% chance to win.
    Let's say you lose.
    2nd Roll: 60% chance to lose, 40% chance to win. However, because you lost your first roll, and because you think you MIGHT lose your second roll, you can do .6x.6 and you will find that you have a 36% chance to lose, again. The statistics are independent, but when put together in such the way I did, they really rely on each other. You can ask FlyingToast, him and I did an experiment, me using this exact method. And by the end of 30 minutes, I was up 22m on him.

    Edit:
    Thanks for your opinion. However, buying lottery tickets can be 1 million times more profitable then your way.
     
  9. Unread #5 - Mar 21, 2011 at 7:50 PM
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    Make Bank Off the Dice Game!

    Lol, forgot that it was 60/40 and not 50/50.
    Aside from that, however, it does not seem to add up. If you were betting 5M for 3 rolls that would be one thing, because there would be an 88.4% chance that one of those rolls would be a win. However, since you're betting a new amount of money each time, there is a 60% chance of losing 5M, then a 60% chance of losing 10M, and then a 60% chance of losing 30M.

    As for Zaney's thing, she's right. You're making yourself look stupid if you think that winning a lottery is more profitable than hosting a lottery. The only reason the lottery exists at all is because the hosts know that they can make money by convincing enough people to buy tickets. If the hosts didn't make a profit, no one would be doing it.
     
  11. Unread #6 - Mar 21, 2011 at 8:21 PM
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    Make Bank Off the Dice Game!

    Your odds are winning are 6/10 while their odds of winning a 4/10. That means less then half of the time they will LOSE. Meaning good profit for you. When they do win you should pay them out, as when you are legit they become addicted and sometimes go all in attempting to make back their losses. The dealer ALWAYS will pull through in the dice game as you become wrapped up and addicted trying to recover losses.

    The strategy had the gambler double his bet after every loss so that the first win would recover all previous losses plus win a profit equal to the original stake. As the gambler's wealth and available time jointly approach infinity, his probability of eventually flipping heads approaches 1, which makes the martingale betting strategy seem like a sure thing. However, the exponential growth of the bets eventually bankrupts its users. Many Runescape players think that the Martingale strategy is a sure-win strategy. Yes, it is a sure win if one has an unlimited Bankroll and time, and one is able to control his emotions well. My father and I discussed this for quite a bit of time. Yes, the theory does work and makes sense, but in reality it will never take off.

    These are the 3 things that destroy the theory. In a dice strategy if you apply martingale, the chances of you losing X times in a row is :2 – ¼3 – 1/84 – 1/165 - 1/326 – 1/647 – 1/1288 – 1/2569 – 1/51210 – 1/1024 If you do it 7 times in a row, the chance of you losing 7 times in a row is 1/128. Think that it is small? Well it still happens. If you really want to be safe, you will need at least enough bankroll for 10 times.Let’s say you want to profit 1M.You will need :1M + 2M + 4M + 8M + 16M + 32M + 64M + 128M + 256M + 512M= 1023M Risk 1B to make a 1M profit ( 0.1% profit ). And there is still a chance of you losing all 1B! ( 0.1%! )

    Trust me, I've made over 192m off of the dice game at its prime. I was in the original group of three (Slowpoke, SilverHazeHD, and Zaney) that started using the term "Casino". I know the tips and tricks of the dice game. After cleaning countless kids while they bet is a very satisfying feeling knowing that addiction and greed take over your brain in the heat of the moment.
     
  13. Unread #7 - Mar 21, 2011 at 9:18 PM
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    Make Bank Off the Dice Game!

    You can repeat this as much as you want and make lots of cash, but if you do you WILL eventually go on a losing streak and get cleaned.
     
  15. Unread #8 - Mar 21, 2011 at 10:36 PM
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    Make Bank Off the Dice Game!

    Chances of you getting cleaned 4/10. Chances of them getting cleaned 6/10


    READ THE GUIDE?
     
  17. Unread #9 - Mar 21, 2011 at 11:14 PM
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    Make Bank Off the Dice Game!

    Chances of you getting cleaned are 6/10 (60- Rolls) Chances of dealer getting cleaned 4/10 (60+ Rolls) READ THE GUIDE spastic. Read my lengthy explanation aswell... God..
     
  19. Unread #10 - Mar 22, 2011 at 12:13 AM
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    Make Bank Off the Dice Game!

    This DOES work. However, most of the time the player doesn't have enough money to keep doubling the bet and a more wealthy host will win in the long run. I've cleaned many people that attempt to use this method as they quickly run out of money trying to double their bet. I have been hosting dice for a while now and have profited over one billion. As a host, when I see this I am less interested in trading you and as a result leads to longer wait times.
     
  21. Unread #11 - Mar 22, 2011 at 6:04 AM
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    Make Bank Off the Dice Game!

    First of all, I even suggest that you start out with about 1/50th of your total wealth. Just because you scam a bunch of stupid kids doesn't mean my guide doesn't work.
    Second. If you roll 10 times, you have .6 chance of losing each roll. Over the course of 10 rolls, the chance of losing 10 rolls in a row goes to 0.0060466176. (Just do .6^10).
    Third. Congrats to you for making less then 200m scamming. I know that I made that in a day of PLAYING the dice game, not hosting.
    Do not know how you got your numbers, but they are not right.

    Lol, forgot that it was 60/40 and not 50/50.
    Aside from that, however, it does not seem to add up. If you were betting 5M for 3 rolls that would be one thing, because there would be an 88.4% chance that one of those rolls would be a win. However, since you're betting a new amount of money each time, there is a 60% chance of losing 5M, then a 60% chance of losing 10M, and then a 60% chance of losing 30M.

    You are not taking into account the previous rolls. Just because you double the amount, the percentages stay the same. Also, I never said playing the lotto is more profitable then hosting. You're making yourself look stupid by quoting words I never said. I never said hosts don't make profit, however you can still make money by playing the dice game, rather then hosting it. You guys are just too blind to understand that.
     
  23. Unread #12 - Mar 22, 2011 at 8:06 AM
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    Make Bank Off the Dice Game!

    Your gonna go into a casino with a hundred million and come out hundred million poorer
     
  25. Unread #13 - Mar 22, 2011 at 8:08 AM
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    Make Bank Off the Dice Game!

    Have to agree with this person, it's sort of like staking.

    But I like the guide, it's clear and easy to understand.
     
  27. Unread #14 - Mar 22, 2011 at 8:09 AM
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    Make Bank Off the Dice Game!

    That is how u got cleaned, and u might get scammed if u actually win.
     
  29. Unread #15 - Mar 22, 2011 at 11:52 AM
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    Make Bank Off the Dice Game!

    This methode doesn't work unless you have infinite ammount of cash.
    If you start with 1m and have 1024m banked there's a chance of 1023/1024 you will win 1m, however there's also a chance of 1/1024 you will lose 1024m.
    This is if you have 50% chance to win each roll, with 40% chance it's even worse.

    Online casino's are actually advertising this method, because they know it doesn't work......
     
  31. Unread #16 - Mar 22, 2011 at 1:48 PM
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    Make Bank Off the Dice Game!

    lmfao people are selling this guide
     
  33. Unread #17 - Mar 22, 2011 at 5:09 PM
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    Make Bank Off the Dice Game!

    this is pretty cool
     
  35. Unread #18 - Mar 22, 2011 at 8:44 PM
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    Make Bank Off the Dice Game!

    Nice spam lolcano.

    Listen to what this guy has to say. He was playing with me and got up some 25m or so, he knows what he is talking about.
     
  37. Unread #19 - Mar 23, 2011 at 4:38 PM
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    Make Bank Off the Dice Game!

    Same mentality I use when I stake, but always remember the "dealer" could run off with all your money lol
     
  39. Unread #20 - Mar 24, 2011 at 2:27 PM
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    Make Bank Off the Dice Game!

    Lol, I saw my friend lose a ags to the dice game the reward was going to be 100m, I called him a idiot he said the guy was legit already won 40m off him, If u trust the dealer go for it.
     
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