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.
I think that strategy will work for the OP only and if you want to use that strategy, I guess that you need to modify first, so you have a chance to win like the OP. I don't think that strategy will work for me either because when we make a strategy, we think that it will work for us but not for other people. So based on this, the first thing we need to do is modify the strategy with trial and error until we can find the best setting that will help us to win, but of course, we also need to have luck.