Dice is an instant win together with the others that have been mentioned. But gambling at that pace will make you lose the most that you've got.
You can think of how fast you can win but also you have to think on how fast you can lose also with everything that you've got.
It's not particularly about the dice game but all of the luck based games instead. All of those games will give instant results.
And yes ofcourse, as you said, it will only result in overall losses from all the cumulative bets.
The house edge takes away the profits in the long run and few games are also designed in such a way that the losses over power the wins.