Post
Topic
Board Gambling
Re: Deepsum: a Novel Algorithm for Bitcoin Dice Roulette
by
Biomass
on 03/11/2020, 01:04:46 UTC
A sustainable profit + safety is better than high profit rate with risk.
If one day, you increase only 5% of your balance, after 365 days, you can get:

1.05^365 = 54,211,841 x your initial balance  Grin Grin

Or couse this is too much dreamy. However, try the above scrypt with a dicebot supporting Lua language, you may have a very exciting time of playing.

If you play dice often enough even at the lowest possible starting bet of 1 satoshi and on a bankroll of 1 BTC you will probably see that eventually you will bust. It seems impossible at 1 BTC because it is roughly 1 in a billion bets to hit the losing streak (much less because of doubling and of house edge) but variance is variance:)

I never think we can make sustainable profit with gambling, due to the house edge rule. But I did get some profit on Primedice with this strategy. I started with 3000 Doge then got finally about 32,000. The longest time I let my bot run on a virtual machine (Google Cloud) was about 3 weeks, about 2 millions bets, if I remember correctly.

This DeepSum strategy make the progression rate very close to be sufficient to gain positive profit. And you can customize the factors to either increase the profit rate (vs. high risk) or safety (vs. low profit rate). Martingale or other welknown strategies are not very customizable. In fact, their progression rate is too high.