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RE: How to multiple your money on bitcoin dice websites such as Primedice.com and bitsler.com!!

in #bitcoin8 years ago

This is a popular gambling fallacy. Its called a negative progressive betting strategy, or a kelly system if you prefer brevity. It does not change your expected ROI at all, the odds are still just as much against you as they were when you weren't incrementing your bet.

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but the rate of loss is much less, if you're able to walk away with your winnings it can prove very profitable to use this method habitually.

However I can't stress enough that no matter how much human discipline or luck goes into it, there's always a chance to lose everything xD

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