Mathwhiz just bet like 2,000,000 bits and won 500,000. This is unfair.
the more risk you take the more profit you will gain.. thats how this game works mate
why yo call Mathwiz unfair?? didn't have a much bitcoin like him, if you have it just try to bet it... there isn't unfair in the gambling.YOU EITHER WIN A LOT OR LOSE IT ALL
or, you can bet 1 btc and cashout at 1.01x, do that 10x and you got 0.1 BTC not a good amount indeed, but atleast it is safer, just pray that 1.00 and 0x crash dont come
or bet 1btc and cashout at 1.1 ...don't think odds are much different from previous example
I think some people know a really good strategy to win to have a+EV something to do with the bonuses
Rhavar himself (site admin) explained the only way to play beating house edge is taking advantage of bonuses as follow:
you have to be a big bettor and you have to cash out after other big bettors.
by chasing the bonuses and big a big amount, then the amount that we got from bonuses will beat the house edge, try to bet 1 btc and with even with 1% bonus it is great, but waiting for other high bettors to cash out, might resulting the game to crash first
yes of course.
You are right about this.
The results of this reasoning is there is no static strategy to be a winning moneypotter but you have to adjust your strategy on other players one.
PS: winning = beating house edge in this case