So here I share my own story to LAST LONGER for those HI/LO betting sites.
My story: learn from other users, internet and books about curve fitting (like this
https://www.graphpad.com/guides/prism/latest/curve-fitting/reg_defining_equation_with_two_or_.htm), copied Seuntjies codes for logging in and how to place a bet to a specific site (sorry, because of my limited programming ability). Code my own the formula to determine the bet size base on bet odd. I repeat, will be losing in the end but last long enough to enjoy few of the accounts (me and my friends) joined the game and last at least 100 million bets each (the top one was 140 million +) before going bursted.
We first targeted bitdice and earn much from those LTC/ETH, after then with the gain we then proceed to freebitco.in but their edge is too high thus losing soon (100M+ bet survived and raked much from bitdice but can't survive with freebitco.in odd and max bet). My programming is limited thus the compiled bot might have been hacked by my internet friend -- simple authentication and may be decoded to get the formula/ logic there and might have been floating around and lot of users used it (imaging 10 people with 10 accounts each) and might have been the reason for bitdice to close.
The 1st goal is to use minimal amount to bet so that accumulated amount spent to increase less exponentially, for example if using traditional method you last 100 losing streak, but this method can help you last long enough to 2000+ bets. The 2nd goal is to adjust the bet size to that the bigger losing streak, the more you get if the next bet is a WIN. i.e: You get 1000 satoshis if the 1000th bet is a win, but you get 1000000 satoshi if 2000 th bet is a win.
There a three levels in betting:
1) using 50% winning chance (1 pay 1), betting at 1 satoshi, if win repeat, if lose proceed to level 2
2) using 20% winning chance (1 pay 5), betting using a fibonacci sequence 1, 2, 3, 5, 8, 13, 21, 34....2584, 4181, stop at 2584 or 4181 depend on how the 2000+ bet in level 3 play out (too big accumulated loss) if it's still a lose after placing 2584 or 4181, proceed to level 3.
3) To do this level, you must have some codes to record all losing from the 1st bet (cummulative lost). And use a very small winning chance (0.45% to 1%, i personally used 0.45% for freebitco and 0.5% for other sites), calculate the odd from chosen chance.
Formula for nextbet:
nextbet = (cummulative lost + expected profit) (odd - 1) the key different is here with cummulative lost and expected profit is a running value, the higher the losing streak the bigger the number. Read about curve fitting.
With first expected profit for first bet in this level may be at 50 satoshi and,
next expected profit = previous expected profit * multiplier (1.01 to 1.05 or what ever number that fits to make sure that this value increase for every next bet).
Make a fake random number generator (true random) and simulate agaist the strategy, and to check for how many bets you can last just write code to just assume you lose all the bets before hitting max bet/win. For sites with 1% edge, you can last up to 2800 bets and for sites with higher like 5% of freebitco.in you can last up to 2500 bets with tweaks.
Hope it help, PM me if you like to donate some bitcoins (or solana
), I am not begging by giving the address here.
