I Began with YoBit Approximately 4 Months Prior to writing this and played the dice game when I was introduced to YoBit's "Invest Box" program, which pays it's users to loan your existing coins out for a set percentage much like poloniex's Lending program, in particular I was interested in Liza coin (a customer of mine recommended it because of the income he had earned from it), But in order to collect your daily reward for lending your coins, you had to bet at least once on the dice game, The minimum being .00000001, to however many coins you wanted to bet.
I saw the dice game and just thought to myself how much I missed gambling and gave it a go, besides I like the roulette tables at my local casinos, so I played this game quite often, consistently lost 60% of the time, but I invoked the same strategy as with roulette (win = bet again, Lose = double down) no matter how many times I lose I will still end up ahead when I do finally win the roll.
so after my first few days playing slowly and safely I had nearly doubled my initial Investment, so I employed the help of a script to automate everything, It was going really well and I had earned more in that one day then any other day I had been playing, I was increasing bets when suddenly.... conveniently I lost 18 times in a row and lost 90% of everything. otherwise my coins were going up steadily
However.. this did not stop me as I thought it was just bad luck, so I deposited another 2 lite coins at the time, converted to Liza coin, and went again, I noticed the same pattern as I passed 50% of my investment, I proceeded to lose uncontrollably until nearly everything was gone, you might think I am an idiot for not stopping, but actually there was nothing I could do at the time (I was using a script) However I learned how the game works and how it is rigged so it makes it easier to control your betting and how much you win. so here are just a few rules I set up for myself after the 2 times losing 90% of my deposited coins
Use a coin with a decent amount of volume, and a very low price per coin, at the time I used Liza coin because it was only worth .00000020 BTC. it is great for keeping your BTC separate from the dice game and sets a limit with the user
Set the bet as low as possible to start (I usually bet .000000020 LTC or 1 LIZA(it gets addicting to raise when you see how much your winning) but the reason to set the denomination as low as possible is so that I had as many chances as possible to recover my losses, (it's important to note, you will lose 60% of the time).
Deposit enough to cover losses, this just gives me more opportunities to win back what I have lost, on average out of 10 bets I may only win 4 times, more or less depending on luck, so I made sure I was able to take at least 10-12 losses in a row when choosing my deposit amount and betting amount.
Earn less than 50% of your initial investment per day, Like I said earlier, I noticed 2 times separately after I earned 50% or more of what you deposited, I lost at some point very soon after, until nearly everything had been depleted
stay patient! When you are watching your coins going up very slowly, it gets annoying thinking how long this is going to take, but be patient, you have all day literally to earn half of your money, what's the rush!
Just a couple of other thoughts... It's important to note that I do not play the dice game anymore, but I thought these tips from what I've learned playing the dice game may help someone else win or maybe just not lose as much as I had to before I started getting better at it.
I believe the game is more or less legitimate until you start to win too much, and I have to say, I am not endorsing the dice game here, simply giving my experience and thoughts on it
thanks everyone I hope someone finds this useful! have a grea
t day