Bitcoin Dice Game Strategy

dicepr0
dicepr0
Sep 6, 2018 · 3 min read

The dice game is one of the most popular games you’ll find in online Bitcoin casinos. The player is able to choose a number (usually in a range of 100) and a direction (over/under). The player wins if the dice hits the predicted range. You may ask yourself: “Why is this so popular?” — Well, it’s the one game that is perfectly suitable for long-term strategies that can improve your chances.

Martingale method

The Martingale method is a very old gambling strategy with its origins in the 18th century. The most basic form is doubling your bet amount after every loss. After a win, you return to your base bet amount.

A simplified example:

Your bet is to roll a number under 50. Your bet amount is 1 dollar. Your balance is 100 dollars. If you win, your payout will be twice the amount of your bet.

1st roll: Result is 23. Bet amount for next roll: 1 dollar -> +1 dollar profit

2nd roll: Result is 56. Bet amount for next roll: 2 dollars -> 0 dollars profit

3rd roll: Result is 64. Bet amount for next roll: 4 dollars -> -2 dollars profit

4th roll: Result is 12. Bet amount for next roll: 1 dollar -> +2 dollars profit

5th roll: Result is 10. Bet amount for next roll: 1 dollar -> +3 dollars profit

We would have a balance of 103 dollars now. Our profit would be +3 dollars.

The problem: If your casino requires a minimum bet of 1$ and you go on a losing streak, you lose all of your funds very fast because the bet amount is growing exponentially.

The solution: In lots of Bitcoin casinos, the minimum bet amount is just 1 Satoshi (0.00000001 BTC). You don’t need a very large balance as a safety net.

What exact settings should I use?

Of course, the old Martingale method to double your bet amount every time you lose is not the only way to do this. Another good strategy is:

  • Roll over 73
  • Bet amount: 0.00000010
  • Every loss: increase bet amount by 36%
  • Every win: return to a bet amount of 0.00000010

Lots of Bitcoin casinos (e.g. this one) let you use an auto play feature where you can test long-term strategies without having to click a button for each roll.

Be careful

Mathematically, the house will always win. So if you see some profits, you should withdraw them and not become greedy.

Before you bet with real cryptocurrencies, you should try out your desired strategy with play money.

It’s also wise to set an amount for “Stop if balance under” as a stop loss and an amount for “Stop if balance over” as a take profit.

Which site is this?

I recommend this site because it offers free play money. You don’t have to deposit anything, you can start immediately:

Link to site

Please always play responsibly.

Good luck! :)

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