Make Bank Off the Dice Game!

[Divine EMP]

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.

 

[Specs]

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.

Hello i believe we've never spoken before, but you're a shwicked guide maker, so make a free or a cheap dice game guide i'd pay

 

[kasi.zerl]

i like the flower game it's alot like this but they get a 10 percent chance

 

[b0b3rt]

This obviously does not work. It's the same as the doubling strategy in staking: statistically, you break even. Here, you lose money because you don't even have 50/50 odds.

http://en.wikipedia.org/wiki/Martingale_(betting_system)

 

[BERRY GOOD]

High chance you are going to end up with 0 RSGP

 

[william452]

I wouldn't suggest betting in RS, the odds are stacked against you, and even if you win, there's a chance the host will never pay out.

 

[lordzsolt]

Basically this guide is same as Martingale betting. If the dealer is 100% legit, that is.

What he says is:
You bet 1m, you lose it, then you bet 2m, you lose it, you bet 4m, you lose it, you bet 8m and you win it (this leading to a 1m profit). This is because 2^0+2^1+2^2+...2^(n-1) is 1 less then 2^n (n is the number of bets). Since in the end, you will eventually win, you will always end up with 1m profit.

Now, let's be realistic:
You bet 1m, 2m, 4m, 8m, 16m, 32m, 64m and you lose it all. Now, following the Martingale betting, you bet 128m, which you would win, leading to 1m profit. But when the better sees you've bet 128m he just runs off, leaving you with 255 loss...


And another thing, someone said, since the two events are individual events, the odds of losing each is 60%. But, the odds of losing both events is actually 36%.

 

[vickramreddy]

mate, the guide is good, but not because of the reasons you stated, like previously mentioned, the outcome of one event does not affect the other.

i.e, it would make more sense to lose 20 games in a row than to win 1 and lose 20

however, chances are you will get at least one victory, i.e the law of large numbers

you are quoting the law of averages, which is an improper interpretation of probability

this is over the span of inifinite trials, however

therefore, you should not stake 1 mil, 2 mil, 4 mil, unless you have a substantial amount of capital

this is all assuming the probability of one event does not affect another, but knowing runescape.... shit happens so idk

 

[sheymyster]

Assuming that the dice use a perfectly rounded random number generator so that the chances of getting 1 or 67 are the same for each roll, then this method is decent. It's the same strategy that is banned in casino's and online when playing roulette. You simply bet on black or red repeatedly, doubling your bet each time, when you finally win you come out with your original bet in profit and all your money back, which will always work as long as you can trust your dealer.

The issue is that people aren't stupid and the reason its so easily controllable on online casinos and real ones, a simple 2x method is easily noticeable and if you do ever win the chances of them paying all of there profits back plus your original bet are slim, even the most legitimate dice players wouldn't want to give up possible hundreds of mils if you lose enough times in a row.

The best way to work this method is to start low, that way even if you have a losing streak you can still afford to keep doubling next game and hopefully your dealer won't be too tempted if you stay lower numbers. I would say start at 50k, that way you got 100k then 200k then 400k then 800k, thats the first 5 bets all under 1mil so a legit dealer wouldn't chance losing his credibility. Make sure you have MORE THAN ENOUGH though, even starting at 50k can get expensive really fast, 1.6mil, 3.2mil, 6.4mil, 12.8mil, 25.6mil in 10 losses your over 25mil already, another 2 and you will exceed 100mil.

Hope I helped, his method does work, it has been applied to other games with similair odds and if your patient and you have the funds to support it, go for it, but also think about your dealer, thats a variable you can't really account for with math, and he could take all your money right when you thought you won it back.

 

[squnky]

Chance of event occuring 6/10 : chance of event occuring twice : 12/20

HERPDERP.
odds don't change, just because you're up now doesn't make this a flawless betting system. The odds only become 6/10^10th if you were betting to lose 10 times in a row. You're betting on a singular dice roll each time. the odds stay the same.

 

[ZerkerWithAVengance]

Thanks for this guide, knew nothing of the die game before; now making mills off hosting Hosts always win! xD

 

[Cymru]

Chance of event occuring 6/10 : chance of event occuring twice : 12/20

HERPDERP.
odds don't change, just because you're up now doesn't make this a flawless betting system. The odds only become 6/10^10th if you were betting to lose 10 times in a row. You're betting on a singular dice roll each time. the odds stay the same.

Not true.

http://en.wikipedia.org/wiki/Binomial_probability
"http://www.edcollins.com/backgammon/diceprob.htm

Just because the odds are that you will lose 40% of the time per game doesn't mean the odds don't change.

The chance of you winning 1 game in a possible 10 (etc.) has a huge percentage chance of happening.

 

[n1ghtmar3]

this is risky but still thanks...

 

[SkeTch]

this method can be applied to staking aswell except with a slight change. if you lose, double your stake and plus on your original stake to the doubled amount. if you loose again, double that stake and plus original stake on again. keep doubling and plusing untill you win. then once you've won you've still earned everything you've lost and won an amount as if youve won every stake. after this go back to the original stakeing amount and repeat the process. this guide works you just need to find someone that is legit and WILL pay you out if you win. it doesnt matter if your chances of winning are unfair you will still eventually win and thats when you get your money back. except the staking method is to be used on someone with the same gear and stats. example would be two players with 99-99-99 in rapier boxing stakes

 

[dcraig1313]

this method will end with u losing lots of money in longterm. i just lost over 450m from doing this yea i lost around 20bets in a row

 

[jaspermaths2]

in a progression of 3 bets there is a 60% chance of losing your first bet and then a 60% chance of losing your second and a 60% chance of losing your third. therefore it is:
60% * 60% * 60% = 21.6% of losing 3 in a row
now lets look at what your staking:
1 + 2 + 4 = 7m

therefore you have over a sample of 3 spins a 21.6% chance of losing 7m
and a 78.4% chance of making 1m

now if we were to take a 100 samples (ie. either win 1m or lose 7m)
we win:
1m 79.4% of resulting in 79.4m in profit
and lose:
7m 21.6% of the time = 151.2m in loss.

=-71.8

now over this time we have bet in this (100 spin sample)
1m 100% off the time = 100m
2m 60% of the time = 120m
4m 36% of the time = 144m
= 364m

of which we will lose 20% (win 40% of the time lose 60% of the time)

=-71.8m

leaving you with -71.8m in projected profit. therefore you gain absolutely no advantage via the martingale system, and it will eventually leave you bankrupt.

 

[Andrew lRawr]

what happens when you lose lose lose get 100m and win and they just say "ok" and log.

hole found.

 

[Tckr]

what happens when you lose lose lose get 100m and win and they just say "ok" and log.

hole found.

That's called scamming and you can report them for it.

 

[sam1]

noone is so legit that when it comes up to 30 mil bets they wud actually pay u lmfao...

 

[i like pie]

This obviously does not work. It's the same as the doubling strategy in staking: statistically, you break even. Here, you lose money because you don't even have 50/50 odds.

http://en.wikipedia.org/wiki/Martingale_(betting_system)

NO! You will not break even. you will gain whatever your first bet is. You just need to start way under what your current wealth is.