Post
Topic
Board Bitcoin Discussion
Re: Methods of growing your Bitcoin?
by
nydiacaskey01
on 03/09/2015, 03:22:33 UTC
i can make money from gambling

you can make money with gambling if you are 100% sure winner all the time, but if not, then it's not a good way of growing your bitcoins

Well you don’t need to win 100% of the time to be a winner in a real life casino, you only need to push the percentage in your favor to about 51% and have deep pockets to withstand some bad luck.

don't you think if its just 51% winning is just break even?
maybe 75% wins that will make money
but again, it's based on chance and luck. not my cup of tea Smiley

If there was no house edge, you should break even.
When you go to Primedice, you should notice that at 2x payout the win chance is 49.5%. This is because Primedice has an 0.5% house edge, and this is why it is not profitable to play Primedice in the long term.

Well there's other type of gambling like betting in sports and bet on the sure win like the upcoming fight of Mayweather