Quote from: nydiacaskey01 on April 10, 2017, 04:00:08 AM

So I tried this strategy at a dice site and I'm thinking of the odds of winning
So I set the chance of winning to 92% and start with minimum bet of 1000 Satoshis with profit of 76 Satoshis
Now, I could win like 9-11 times in a row, sometimes higher and lose
After losing, what would be the chance that I could lose again twice in a row?
I'm thinking of if I lose with that settings, I could go all-in with higher bet since my chance winning is higher.
What do you guys think?

First of all a big matter is that at which site you were making gambling , Because here winning and loss depends upon the factor of the house edge of the site , Here the simple house of freebitco.in can't allow you to make earning more than 5% .
So first of all make details of the house edge of the site .
My second suggestion for you is that don't bet more if you won two times . Because at each bet you may loss your bet .