Post
Topic
Board Gambling discussion
Re: What was your Worst losing streak at bitcoin dice with 1.5 payout?
by
iv4n
on 30/09/2020, 10:55:20 UTC

19 reds at x1.5 is crazy! My maximum red streak at x1.5 is 13, maybe 14, I am not totally sure, and it was a long time ago, you don't see so long losing streak so often at x1.5 --snip-

It is not crazy at all. I have seen people having even crazier red streak (and even better green streak) when gambling with 1.5x payout. It is just that rng isn't favoring you. People tend to think the more reds they start getting, the better the chance of not hitting a red on the next bet. This isn't true. You might even see a 100x red in a row (but extremely likely to happen) since all bets are an independent event. The next bet no way depends on your previous bet and has the same chance of winning or losing.
Due this sort of believes, people tend to keep on increasing bet size amount after a loss thinking that they next bet has higher chance of winning.

I know that anything is possible, all sorts of crazy stuff can happen with truly fair random generator, but having +20 reds at x1.5 will always be crazy for me. What are the odds for that!? And to be more specific what are the odds for that to happen in the first 10k rolls? We all know that playing longer means longer losing streaks.
Well you need to increase your bets from time to time, after every win/loss or after streak it's up to you and the odds you choose.
_______________________________________________________________________________ __________________________________

If anyone plays x1.5 with auto betting please be kind and share some of your strategies for this bet. Thanks in advance!