Do you have a strategy for MagicDice?

in magicdice •  6 years ago  (edited)

logo.png

MagicDice is a dice game on the Steem blockchain. And because it is on a blockchain and everything is transparent, you can actually go and see the @magicdice bank account.

During the week-end their bank account was at 8'000 STEEM and right now over 9'000. So you can see that the odds might be against you. But it is quite fun nonetheless.

One more thing I appreciate on top of seeing their STEEM reserve and every transactions done on the blockchain is that you can also verify the dice roll process if you want to.

I have been playing quite a bit. Didn't loose much, even won a few steems. But I must be honest and tell you I lost quite a few steem at some point and had to go heavy to get them back.

md1.png
Top Winners tab

Fortunately it was a winning roll. It was quite heavy (334 STEEM) but with a fair chance of 82% success. With this roll I made it into the Top Winners tab. But for how long?

My strategy is simple. I try to win a little with moderate percentage of success and then in case of failure, stop or try to save the lost amount with a heavy roll with a big chance of success. Rinse and repeat.

You have to be aware that you could loose quite a lot if you try to win back a loosing streak. Also because there is an upper limit of 400 STEEM on the payout, at some point you cannot increase the payout enough to get back your bet money.

Good luck!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

good write for @magicdice
thank you for this informations friend
I AM a new follwer for you
good luck in compition for magicdice

Will write more about how I play. Good luck to you too!

thank you

Congratulations @jonmaim! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You got more than 10 replies. Your next target is to reach 50 replies.

Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

Saint Nicholas challenge for good boys and girls

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @jonmaim! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 100 upvotes. Your next target is to reach 250 upvotes.

Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

Saint Nicholas challenge for good boys and girls

Support SteemitBoard's project! Vote for its witness and get one more award!