Quote from: coin-investor on December 18, 2019, 01:15:10 PM

Quote from: acarli on December 14, 2019, 08:36:02 PM

CAUTION: I am not telling you to do this. I wanted to share an inside perspective on what Betbit.com considers a "dangerous" player and why.

As many know I represent Betbit.com. Recently we have a fearless player from this forum that logs in and wins 200mBTC on a 100mBTC deposit in less than 15 minutes on many occasions. The reason why I am posting is to congratulate him (will not be named) and tell the community a little secret about what brands consider dangerous players.

The players who make admins nervous are those who bet large amounts in short periods of time. It's actually more specific than that. Here's a real-world example that is recent. A player has recently deposited 100mBTC. He plays classic live dealer blackjack (Shameless link insert ). He originally plays with 25mBTC per hand. He doubles down on subsequent bets. First 25, then 50, then 100. He can go higher, but he withdrawals after around 200mBTC.

Bitcoin casinos can get in trouble because the deposits and withdrawals are fast without interference from a human cashier. instant. These players come like Barracudas sttacking prey and leaving quickly having feasted.

Let's go over real quickly why. In small data-sets, there is more statistical variance. More opportunity to go against the theoretic odds. In classic blackjack, playing Basic Strategy, the odds are about 99.4%. The more hands you play, the closer you are going to get to 99.4%. This player defies the odds of small sample sizes.

Don't get me wrong. The player can and does lose on occasion. You can lose everything really fast as well.

We can consider this kind of player as a veteran who has played hundreds of times before and have established a calculated method of betting in this manner, those who play for fun I doubt will do that, but whoever he is I'm pretty sure he is a certified gambler who knows his game very well.

That's not considered fun playing when you invested huge amount of money, and for veterans player they always make sure that they're getting the most secured bet. These people stayed anonymous and exactly they're playing the type of gambling which they've mastered already. Being dangerous player, I don't think it's effective because in casino whether it's a crypto or fiat gambling, the system was presetted by admins for those who they wanted to win on that machine.