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RE: Magic Dice v1.3 - The MAGIC Token - Earn dividends by playing Dice

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Magic Dice v1.3 - The MAGIC Token - Earn dividends by playing Dice

y-o-u-t-h-m-e (71) in steemit • 6 years ago (edited)

For every STEEM wagered you will receive 200 MAGIC tokens.

Vs.

Users who delegate their Steem Power to @magicdice will receive MAGIC tokens on a weekly basis. For every SP you delegate, you will receive 50 MAGIC tokens per week.

You can bet like every 5seconds and if you wager 1Steem then you will get 200MAGIC token everytime you bet.
200Magic * nSteem * nTimes = Magic Token you will get.

Or,

You can Delegate your SP to @magicdice and receive '50Steem' per 1SP, and you will receive Magic token every WEEK. (Yes, I said every Week, not a Minute nor 5seconds like above.. :p)

Now Iook,
To maximize your Magic token quantity..
What would you Do?

Delegation isn't sounds like a smart idea imo.
I'd rather just wager Steem with 95% winning chance game.
In that way I lose the minimum Steem & maximize the Magic token quantity before it runs out.

And I think THAT is what @powerguy is doing right now.
(Even though he is betting at 49% winning chance game not 95%)

Bt the way,
Are you really SURE that @powerguy is
Down 118,000 Steem?! o.O;

If so, please show me some links/data to check out.
Hard to believe that someone lost that massive amount of Steem via 'provably fair' game.

Thank you,
Have a nice day!

steemit

6 years ago by y-o-u-t-h-m-e (71)

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themarkymark (78) · 6 years ago

I’m using blockchain to calculate wins and loses and last I checked he was down 118K Steem. Making endless 500 Steem bets on 50/50 odds eating loses after loses.

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2 votes

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y-o-u-t-h-m-e (71) · 6 years ago (edited)

Holy sh..rimp.
That is hard to believe but o-kay..

Only way I play on 50/50 odds will be
Martingale , and never exceed 512Steem.

118,000Steem.. well,
¯___(ツ)____/¯
That'd be 8.5BTC or more he could save.

Hope people will be able to distinguish between investment and speculation.
Betting should be stayed as a small fun, not a savings breaker.

Thank you for your reply!

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themarkymark (78) · 6 years ago

Martingale is great except for the fact 10-20 consecutive losing streaks happen quite often and even starting at 0.100 you will hit ceiling in 11 loses which happens often.

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2 votes

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tangela (25) · 6 years ago

There is a guy that runs a martingale bot on a stream I've seen it hit 210 losing rolls in a row in the python log.

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1 vote

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y-o-u-t-h-m-e (71) · 6 years ago

Indeed.

So actually the best way for making profit from the dice betting is..

Go all in for 50/50 odds and Play just One Game.
Win, take your profit, and gtfo. Lol

Because simply,
More you play,
More you will lose.

I do not want to waste my luck on gambling.. so
Either I play very small, or not playing at all.

Thank you for your kind explanation:)

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movingman (69) · 6 years ago

Wow. Hahahah got steem to burn huh!

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aewind (63) · 6 years ago

I was kicking ass following a formula I saw ipromote using, went from 600 steem to 2000 something... then an update occurred and I tried the same method and went down to below 400 rapidly. Unsure how to approach playing now. I was digging the income I was making via magic dice, once I hit 2400 steem was gonna buy 200 packs of SM via @smartsteem s @smartmonsers but now I gotta work back up to even get 100 packs at around 718 steem. Will continue to use magic dice need to figure out a new method,

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