I've got 50mB; and i betting at 0.00001mB increase bet by 100% on loss. If someone can explain to me how i will lose and how gambling actually works then please explain further. Because betting at such a low value i would have to fail more than 20times right? So is the game really fair or how does it work?
More than 20 times losing is possible for any gambling dice site even how fair it is. It's just a few numbers compare to the whole. Of course that is not consecutive losses but it will be majority of your bet result is loss. That's why you can see some winning percentage there (if applicable). If you see some 100% winning rate then that is the sure one but it's out of the context.
And besides, in some dice sites, you can verify the bet of yours to see if that is fair or not. You might want to try it.