Re: Just-Dice.com : Invest in 1% House Edge Dice Game

Given that the probabilities don't change, it wouldn't make sense to invest/divest on winning/losing streaks. That's investors fallacy.

Unless for example the hash distribution is not random, or the server seed is not safe.

As pointed out before, when nakowa is betting, there is a lot of moves, and profit get easily + 10 k or - 6k within hours.
At the end of the day, it always end up with a large negative profit.

Some people says that nakowa got 3 or 4 times the website bankroll and can take a lot of losses ...
So it makes sense to divest when he is loosing a lot, and invest at the end of the period, or when he got lucky.

As I said, you can make up to 30 % profit daily with that, with only investing and divesting once (at the correct time).

No you cannot, you are trying to time the market: a losing proposition. Staying invested throughout is the most profitable strategy. If you want to avoid a lot of variance you can divest. This is why Dooglus divested!

This.

There is no regression to the mean. If we're at +5000, we can go to +10000 as likely as to 0. If someone wants to time the market, do it. You can win or you can lose, but math is not on your side.

For those whining around everytime the profit is down, that's simply because you can't stand the variance. Don't call out for further reglementations, just divest partly. I have done this yesterday myself, I divested about 60% before going to sleep, because I don't want to wake up with a 20% loss.