Dice gambling - Are you profiting?

[Turbulence]

Well I have been spending a lot of time in world 2 gambling my money with Dragon Dyce.

I win some very nice pots now and then but overall I have lost quite a lot.

How is your own luck? Are you profiting or are you at a loss like me?

Tell us your gambling stories

 

[high]

At one point i was up around 40m, then i went -70m.. It's just good if you know when to stop

 

[willzy]

first day with them, I won 100m, next day, 80m, then, I was feeling lucky, I gambled it all and lost it :\ im still trying to rebuild

 

[djpurra]

At one point i was up around 40m, then i went -70m.. It's just good if you know when to stop

in my opinion, It's just good if you are the one rolling, most dicing clans do 60-65 x2 = they have 60-65% chance of profiting, leaving you with 35-40% chance to win, then you are better off staking which gives you and your opponent equal chance of winning, that's just me tho!

 

[kmjt]

I don't see why people dice. If there is a 50/50 chance you win and the dice hosts get a portion of all gambles, statically speaking in the long run its impossible to profit...

If you were to wager 50m each time for example it would look something like this.

Gamble 1: Win 50m - 5% host cut = 47.5m (+47.5)
Gamble 2: Lose 50m (-2.5)

 

[inpheruspb]

It's impossible to make money like that because u can't increase your chances to win any way.

 

[Turbulence]

I don't see why people dice. If there is a 50/50 chance you win and the dice hosts get a portion of all gambles, statically speaking in the long run its impossible to profit...

If you were to wager 50m each time for example it would look something like this.

Gamble 1: Win 50m - 5% host cut = 47.5m (+47.5)
Gamble 2: Lose 50m (-2.5)

But staking is technically 50/50 too right?

Basically what you need to do is quit after getting lucky.

I turned 29m into 50m yesterday and stopped dicing after that

 

[Sanctuary]

I haven't tried it, and I don't think I ever will. If anything I'd try to host it.

 

[mal3r]

It's good if you just do one big roll and leave. You might win a lot or just end up loosing it, which would give you an opportunity to go make some friends.

 

[team mw]

i raged the other day and gambled 50m and won 40.host kept some

 

[Wub to craft]

I don't even know how it works, never done it. i'm quite interested though, I'd probably throw out 1M-5M a day on it, no more, and would probably come out on top throughout the month? :s

 

[aus aaz]

I don't see why people dice. If there is a 50/50 chance you win and the dice hosts get a portion of all gambles, statically speaking in the long run its impossible to profit...

If you were to wager 50m each time for example it would look something like this.

Gamble 1: Win 50m - 5% host cut = 47.5m (+47.5)
Gamble 2: Lose 50m (-2.5)

LOL

Go roll a dice 6 times, and tell me how many time you get 1-3 and how many times you get 4-6.Gurrentee you more times then not you will have 1 group ending up higher then the other. Your maths is right but you forget that 50/50 are the odds, every time you roll you have half a chance of winning which means you may win many times in a row but you also can lose at the same rate.

 

[Sillymonkey]

All in all I have lost money, but I think if I were to have started out doing big bets rather than little ones I would have profited overall.

The reason I think that is because 1 big win and I woulda decided to stop lol.

 

[cadvahn]

im still rebuilding after ive lost 110m to it =( never going back again


666th post =0

 

[Meisei]

no need to gamble since im ganna loose,, buh ither way, if i started gambling i would start at 500k bets, if i lost teh first i'd raise to 1M, if i lost tht i would again raise my third to 2M, with every loss just double ur bets, once u win start at 500k again.. ither way there is 50/50 ur ganna recover all ur moeny, u gatta be really unlucky to lose over 5 times in a row. ya knw wat i mean?

never bet all ur money >_>

 

[Turbulence]

no need to gamble since im ganna loose,, buh ither way, if i started gambling i would start at 500k bets, if i lost teh first i'd raise to 1M, if i lost tht i would again raise my third to 2M, with every loss just double ur bets, once u win start at 500k again.. ither way there is 50/50 ur ganna recover all ur moeny, u gatta be really unlucky to lose over 5 times in a row. ya knw wat i mean?

never bet all ur money >_>

I've lost 5+ in a row multiple times :\

 

[aloren]

I don't even know how it works, never done it. i'm quite interested though, I'd probably throw out 1M-5M a day on it, no more, and would probably come out on top throughout the month? :s

I'm with ya. What all happens during this game? I kind of wanna gamble little by little each day.

 

[HugoWarrior]

havent tried, it looks very tempting though lol

 

[I r pro0o]

its all luck no joke

 

[Zerk Perk]

lol i like how this is posted in the cheating section, and dont bet against dice games. they have a better chance of winning and thats why everyone there has a divine or full torva