Post
Topic
Board Gambling
Re: 12% loses since joining satoshidice
by
bettercrypto
on 25/01/2017, 10:07:49 UTC
gambling always have risk, in the long run, the house edge will win over the players, this is maths, so the best way is to quit gambling  Smiley

Thanks but you might want to check again, I am betting as the house and the advantage is 1.9%, factoring that mathematically I am almost 14% at losses.

You need to check how the profit sharing is done for the investors because some casinos will have additional fees for the investors. You should be considering to diversify your investments into few other good casinos so that some one or two give you losses others will compensate in this kind of situations. In the longer run you will still make the profit because house is always going to win.

Indeed, better check them, but I guess SD is just having a bad days.  If it continues you can try other Casino site investment offer.

I will give everyone an update a month later and see at where I stand at the bet.

If the losing continues I am highly suspicious that only the real house aka the owner is the one making money.

You can check the statistics of the site.  I think their statistics is publish somewhere and you as investor should see it so that you can verify them yourselves.  If they really are losing then that is the reason why you have negative ROI.