from My thoughts on 98%

[maverick528]

I see that lots of ppl use 98% win chance mostly as a wager strat, or to search specific numbers for some dice hunt.

 

I dont like it as a wagering strat, because if you roll it for some time, it is a 100% sure thing that you will lose money.

 

Because the math facts are=

You are betting on 98% win chance, and that means that on average you will lose once every 50 rolls.

On the other hand, every time you win you get your money back plus 1% profit (rounding down the true profit of 1.02 %).

 

So, to explain it on a more clear way, if you bet with a fixed bet size =

You lose once every 50 rolls (on average).

BUT just to recover one losing bet, you need 100 winning rolls with no reds (because you win 1% every time).

 

[Gabp99]

I agree with u and atm i prefer limbo low to wager, but dice is faster and if ur lucky to raise ur bet size and have a good streak it’s good 😌 

[adeczek]

tell us the 100% win wager strategy then haha lol?

I mean.. that's how house edge works. but dice is the fastest&simple way to do this.

[williamshennie9]

1 hour ago, maverick528 said:

You lose once every 50 rolls (on average).

Does that mean the house edge on this payout is 2%?

[GoldenMagnet]

i.e. you mean that a lot of Stake's communities don't belive in winning and simply rise up the wager? It's sad to hear

[greedyjawa]

Deep maths

[maverick528]

5 hours ago, williamshennie9 said:

Does that mean the house edge on this payout is 2%?

there is a 1% chance of loosing and 1% house edge.

when you set the multiplier to 1.01X, you can see that the win chance is 98%, and that means a 2% chance to loose, 2 percent means 1 red in 50.

If house edge did not exist, the win chance would be 99%, you would have 1 chance in 100 to lose and you would get exactly  1.01X multiplier on win.

[dupeddonk]

Yup, the lower the variance and higher the number of bets the less of a chance you have at winning.  So auto betting 1.01x will give you basically a 0% chance at winning.  

They might as well just offer 0.99x with 100% chance of win.

 

 

 

[Kinomen]

On 3/4/2021 at 10:58 PM, Ghostnipple said:

yeah you are right, i never understood why players bet at 98%

So, is it better to wager on 2x (or something like this)? Sometimes it even holds the green profit.

[Tacticalxagai]

interesting stuff

[misterbejo]

every strat have its own plus and minus

[maverick528]

2 hours ago, Ghostnipple said:

take your choice, win chance is pretty much fantasy at a daily player level

7200 rolls is not enough to make a good statistical analysis, you need much bigger numbers.

 

[Octoberian17]

Hi Mavs so what is the best strategy for wagering? cause sometimes is used this specially if my progress is approaching near to the next level.

for Dice i normally used 1.25x and if you are good in math you will have a profit in here but if you're greedy you will busted right away same with me i busted $5000 today.

[crisulu]

Lose on every 50 rolls? I once got my first 3 rolls as lost and stopped.

[Aispa]

Personally i use a certain method :

Per example if you wagger with 1$, just before the wagger time put 0.50$ with a 1.04 multiplier, u get 0.02$ per roll.

it gaves you money to wagger, if u lose you have to multiply by 2 or 4 to get back what you lose without losing the rest you won.

It's not working everytime, but sometimes when i have just 0.50$ i use 0.10$ x1.05 and i go up to 1$ and wagger with this dollar.

[WalkingInTheSun]

By the way this is the best strategy for up your wagered fastly, around 70-100x your balance.

[Astro22]

None of the casino games are safer to wager, definitely you will loose if you want to wager

[premepie]

interesting

[LAFFEN]

interesting

[geoffrey082]

I think exactly the same as you maverick528, I had 38 dollars after wagging 500 dollars I had already lost 8 dollars so it's good for wagged but not for making money

[Whafe]

All is lucky bro.

[rippinbalances]

You lose money but you add to your wagering for all the bonuses you get. If you just wager with profits it shouldn't affect you

[Goflyharder]

interesting

[gabithe123]

best is crash 1.01

[Failship]

Thanks for your input on this