Bustabit Betting Strategies
Best Strategy: Don't play
I just want to emphasize, the best possible betting strategy on bustabit is to refrain from playing.
It's not a scam. It's not unfair. It's gambling. You will lose. Maybe not today. Maybe not tomorrow. But some day, you will encounter one of those "impossible" losing streaks.
These losing streaks are the reason the site is profitable for the site owner, not you.
Second Best Strategy: Play Once
If you insist on skipping the Best Strategy (see above), then the second best way is to avoid a losing streak by just getting it out of the way all at once. Just decide the most you're willing to lose, and bet it all on a single game.
With this strategy, you walk away no matter what. If you win, great. If you lose, you just saved yourself hours or days of your valuable time.
So, you've been warned and now you want some "better" strategies for playing bustabit.
Ok, here you go:
Bonus Only Strategy: Base @1.00 X
Take your base, say 100 bits, and set a Cash Out of 1.00 X. Most of the time, you'll get your bet back. Occasionally, you'll get a bonus as a matter of percentage, depending on the bustabit logic. So with a little luck, given enough time, the bonus will build. The bigger your bet, the bigger the bonus.
Looks great, right?
If this seems too good to be true, that's because it is. These bonuses are paid by "instabust" (0.00 X payout). This is the situation where all bets lose, occasionally. If this happens, you'll lose your bet, even if your cash-out is set to 1.00 X.
Recovery Strategy: Triple Base @1.33 X
So you lost a bet. Now you want to try to recover. Say you lost 100 bits. Take your loss and triple it. Then apply a Cash Out of 1.33 X and hope for the best. If that doesn't work, repeat.
Here's an example showing a small losing streak using this strategy to try to recover:
Details on that last recovery bet:
One problem is, even if the losing streak is short, like the above example, you don't fully recover (this is intentional, to help mitigate more risk), it's a set-back and you have to resume your main betting strategies just to get back into profit. This is recovery by risk management.
But the real problem are those pesky losing streaks going on for longer than a couple iterations. If you keep this progression going, your bankroll will dry up and you'll be bankrupt:
For instance, here's a possible losing streak:
- 100 @ any X (lose)
- 300 @ 1.33 X (lose)
- 900 @ 1.33 X (lose)
- 2,700 @ 1.33 X (lose)
- 8,100 @ 1.33 X (lose)
- 24,300 @ 1.33 X (lose)
- 72,900 @ 1.33 X (lose)
Now, you're tempted to bet 218,700 bits just to try to dig out of your hole. You're thinking, "How could I possibly have a losing streak of 8 losses in a row? This HAS to work!" But it doesn't have to work. Mathematically, it doesn't have to do anything of the sort.
Even if you pull a rabbit out of a hat and manage to risk 218,700 @ 1.33 X, you still haven't fully recovered because raising the Cash Out increases the risk even more.
Bottom Line
Even with minimal risk, e.g. @ 1.00 X Cash Out, and a conservative recovery strategy, there is no way to beat the losing streaks on a long term timeframe. So be smart. Don't play.
It's not always the case, there are other strategies, the system can be cracked, there are weaknesses, when there are so many markets. You just gotta know how to exploit the weaknesses, you need information and know the games inside out.
edit-
Not playing the game teaches you nothing. Learning risk management is a form of intelligence. Understand the games and the risks. odds are set from weight of money odds of occuring. Remember that. I will be putting together a guide soon.
great article. but it is fun with small amounts :)
Posted using Partiko Android
Agree, people should be careful with a huge bet amounts.
Hello everyone, I will say my word. This is first of all entertainment, you need to understand this. Secondly ,they win at a distance all the time and only those who spend a lot of time and effort on this one have a+. You go to work, you spend half your life there, you get paid for it. And on bets you want to make money without doing anything - it doesn't work that way. It's hard and complicated, and I have living examples of people who live off it. But they know all about the events they bet on. Bankroll management is also important to understand and act competently, putting no more than a couple of percent of your bankroll. All I recommend the site https://paribet.in/, where they give tips on the game, on choosing a betting app, choosing a bookmaker, and more. I myself came to betting through this site. All success and winnings.
There are many easy ways to make money on the internet, so I don't understand why people are missing their chances. As a sports fan, I can tell you that I make money by placing bets on https://takebet.co.rw/betting-sites/review/betika, and for me, it can be really profitable. And in general, there are other ways to profit for people who are not into it.