Doesn't look good strategy and in games like dice no strategy can be implemented to increase our earnings even with the change of 0.99 still you need to be lucky to win that game.
Build your strategy on how to limit your bet amount and when to stop to have long dice gambling experience without getting addicted to it.
The strategy posted by the OP seems Ok in the aspect of limiting ones bet amount but I check the site yesterday and I tried out the strategy. But, unable to set just as posted by the OP and I would like to know if anyone was able to set just like the OP does.