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Does our bet size affects the outcome of our game results?


Furlicious

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Posted

There has been quite a few times where some High Rollers make a large size bet and ended losing the bet came to chat raging about their losses but well it is also the risk they have chose to take in the first place so.. yea.

Posted

I understand where you're coming from. It does sometimes happen that when you bet low, you win. And when you bet high, of-course, you'll lose. But that's just playing against the house edge. You'll always end up losing at the end if you keep it going. Also remember, it all goes to you seeds and "luck", no, the bet amount doesn't affect the final outcome. At-least I believe so and hope so.

Posted
20 hours ago, polor12 said:

saying goes "all in or go for broke." bet high and gain high.. 21 poker and baccarat 50/50 chance.. bet size goes for any outcome..win= happy lose=sad day..

Hahaha! Yeah i know right. But i will not yolo my balance all in a game round. I will bang my head right into the wall if i were to lose them in just one game. Lol

Posted

Of course your bet size does not effect the outcome of your game.  Just like every other comment about "rigged" if it was rigged as your bet size varied you could use math to easily show this, post on bitcointalk, and bring the site down.

There have been sites that have cheated and they have been outed by provably fair systems and essentially destroyed by the community.  A well known example is here: https://bitcointalk.org/index.php?topic=789339.0

As you can see it, in that case, it was a newly hired programmer who rigged the site.  No intelligent site owner would set up a provably fair system and then cheat players, they have way to much to lose, plus they will make so much more over the long term as players lose.

However, @Furlicious you are not crazy!  It does often feel like when we bet big we lose more.  This is because our larger bets are more salient to us than our smaller bets!  And of course, the psychic pain we feel from losing is always more than the joy we get from winning, so we remember ALL our big losing bets and so it seems to us that we lose more when we bet big.  It's actually really fascinating, but rest easy, the site isn't rigged, and if it was you could show it and take Edward and Stunna down!  

Posted
1 minute ago, wry said:

Of course your bet size does not effect the outcome of your game.  Just like every other comment about "rigged" if it was rigged as your bet size varied you could use math to easily show this, post on bitcointalk, and bring the site down.

There have been sites that have cheated and they have been outed by provably fair systems and essentially destroyed by the community.  A well known example is here: https://bitcointalk.org/index.php?topic=789339.0

As you can see it, in that case, it was a newly hired programmer who rigged the site.  No intelligent site owner would set up a provably fair system and then cheat players, they have way to much to lose, plus they will make so much more over the long term as players lose.

However, @Furlicious you are not crazy!  It does often feel like when we bet big we lose more.  This is because our larger bets are more salient to us than our smaller bets!  And of course, the psychic pain we feel from losing is always more than the joy we get from winning, so we remember ALL our big losing bets and so it seems to us that we lose more when we bet big.  It's actually really fascinating, but rest easy, the site isn't rigged, and if it was you could show it and take Edward and Stunna down!  

Haha! Yeah, as a Stake fanatic myself, needless to say,  i have 100% trust in Stake's provable fairness system. I think i might have phrased my topic wrongly tho. Lol!

Posted

It's hard to say, you can only guess whether the winning depends on the bet. I often felt that as you raise the bet, the chance of losing increases. I think that it still depends only on the psychology of people, because raising the rate they instinctively want to reduce it, but Azarte wants to continue. I have not been trying to play 10 satoshs and got to 1000, but as soon as I start playing with 10k, and in a few minutes on the balance of 0. It's amazing, we can judge that this is the cause of the founders of this casino, although I do not care. If you can not get rid of that feeling, then play only at small bets, because even they can get incredible amounts, only need to be postponed. I still advise you to play no more than 0.1% of the balance. Profit of 2-3% of the balance a day is also good, depends only on the whole amount we have. Everyone can make a conclusion about this. I can say one thing, Good luck and profits!

Posted
1 hour ago, dominated said:

It's hard to say, you can only guess whether the winning depends on the bet. I often felt that as you raise the bet, the chance of losing increases. I think that it still depends only on the psychology of people, because raising the rate they instinctively want to reduce it, but Azarte wants to continue. I have not been trying to play 10 satoshs and got to 1000, but as soon as I start playing with 10k, and in a few minutes on the balance of 0. It's amazing, we can judge that this is the cause of the founders of this casino, although I do not care. If you can not get rid of that feeling, then play only at small bets, because even they can get incredible amounts, only need to be postponed. I still advise you to play no more than 0.1% of the balance. Profit of 2-3% of the balance a day is also good, depends only on the whole amount we have. Everyone can make a conclusion about this. I can say one thing, Good luck and profits!

we do share the same sentiment,  dominated! Thank u for sharing your views and advices with us. More luck to u! Cheers!

Posted

your problem is that you are lowering the bets xD if i do keno and i start losing i never lower the bets i prefer to go all in and lose instead of getting that great x with low stats... its just dumb :D like if you go 0.01 to 0.001 why would you lower the bets there is no sense in that isn't it better to go all in and risk it for the biscuit instead of hitting what you have been chasing for  with low amount ?

Posted
9 hours ago, DarkBlood069 said:

No it really does not. I hit 3.65 bch which was lucky on 1000x multiplier on plinko, i know a lot of people make pre roll bets and accidentally hit the big multipliers, it's a shame that those that don't bet big when it's ready to release the high multipliers. So imagine a 0.01 btc bet and hitting 1000x - I believe that's 10 bitcoins if I'm correct, so it's all really possible and I hope someone can prove me right. Each bet is a fair bet and it is shown on the "fairness" so take a look at that. or bet archive, they both show the fair display of your bets.

This actually did happen. A while back the max profit on Stake was 8 BTC, and someone bet 0.008 BTC and hit 1000x :)

1017378040408674305https://twitter.com/Stake/status/1017378040408674305

Posted
On 11/29/2018 at 11:46 PM, bmg said:

I've always been told that it has to do with the seed. However it does seem to be harder to win when i place a bigger size bet. 

that is correct-o-mundo
                                     
i know it can feel otherwise... but the logic dictates wager amount nothing to do with outcome.. .you know that cmon furli!!

Posted

okay, well -- tbh --- I have tried to believe you guys, and look with an open mind, and even when I was sure I was right in my observations I still suspended my belief because I want to see things as they are, not as I think them to be, no matter how uncomfortable the issue is-- and then I'm rolling, and I'm like, are u fckn kidding me? so i drop the bet (durp) and what is the next roll? hahahah. i think it is very clear after a lot of playing dice ( most of my wager is dice ) that there is some degree of involvement by the edge with the otherwise deterministic outcome of the roll-hashing.
I'm just going to leave this here for some of you to consider. :ph34r:

loleddgie.png

  • Moderator
Posted
On 11/30/2018 at 10:29 AM, Etude said:

Well as a player who gambled long enougg you just can't help feeling that bad bets happens much more often when the stakes are really high. It could also be placebo freeling. 🤔

I know that feeling. I feel the house edge every time the dice hits exactly 50, that's the bet the house takes (if you play the die with the payout in 2x), but we all know and agree with that, is for the maintance and website growth.

But the value of the bet only changes one thing: the possible profit.... or the possible lose.

Posted
1 hour ago, BLXN said:

okay, well -- tbh --- I have tried to believe you guys, and look with an open mind, and even when I was sure I was right in my observations I still suspended my belief because I want to see things as they are, not as I think them to be, no matter how uncomfortable the issue is-- and then I'm rolling, and I'm like, are u fckn kidding me? so i drop the bet (durp) and what is the next roll? hahahah. i think it is very clear after a lot of playing dice ( most of my wager is dice ) that there is some degree of involvement by the edge with the otherwise deterministic outcome of the roll-hashing.
I'm just going to leave this here for some of you to consider. :ph34r:

loleddgie.png

Hahahaha! Yeah i totally feel u BLXN! Always happens to me, thot of taking screenshots as well but nah, dont wanna waste my time on those past tensed losses anymore. Just my luck. Lol

On 12/3/2018 at 3:41 PM, Vladv26 said:

I think it is very important to manage your bankroll. If you have 0.01btc in your balance you are obviously not going to play 10 games on 0.001 each because that's pure luck and the chances of making any profit are very low because you only have 10 rounds to play. Some people, like me, use 1% of their balance to make a bet so they have enough funds available to play 100 times. 

Another important aspect when betting is your starting balance and your final goal. For example you have 0.1btc and you want to make 0.5btc at the end. I personally would divide my balance in 200 units and play each bet to win a x5 or x10 depending on my previous bets. When I reach 0.2btc I will divide my balance again and so on until I reach my final target. 

Thanks for sharing your betting strategy for safer games. Shall try yours!

Posted
48 minutes ago, josh654 said:

whewhen ever I play high bet size in mines , I lose

Well it's just because of the provably fair system not because whether the amount you bet on that bet was big or small. Bet size shouldn't affect the game at all just try changing seed.

Posted

I believe it does, i've done somewhat my own testing.. and most times, when i up my bet, its like the red streak resets on Keno... and surprisingly enough, when you run out of balance and you are forced to lower your last bet, that's when the green hits more times than not.. annoying asf....

  • 2 months later...
  • Moderator
Posted

what di you think? is the base bet affect to the result? 

sometime when i still doing good... and increase my bed suddently everything turn red ...totally

but is the result work on the seed, isnt it? ? why change base bet affect to result? someone can explain it please... ....

Posted

  I know that everyone says its the seed that effects the bet.    I have seen that raising your base bet has an impact on the outcome of your win or lose.   I could be wrong but it happens to everyone so I don't think I am wrong. 

 

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