Bitcoin Dice Explained
Our Bitcoin Dice Guide, is designed to help you understand how this new revolutionary tech works. Bitcoin Dice is a fairly new game that sits on the blockchain, it’s played as any other dice game found on your standard online casinos.
However, if you’re looking for a secure form of online gambling that is backed by tamper-proof Provably Fair technology, then Bitcoin Dice is the game you want to be playing.
Summarised, the Bitcoin Dice allows you to bet or predict on the outcome of a cryptographically generated dice. In doing so, you no longer need to worry about the casino playing fair, as each gaming outcome can be transparently verified for its fairness.
Advantages of playing Bitcoin Dice
Backed by Provably Fair
Each and every gaming outcome guaranteed for its fairness
Set your own betting parametres
Typically, no minimum or maximum stakes
Winnings paid out instantly
Deposits and withdrawals are near-instant
Gamble anonymously – no personal details required
Bitcoin Dice Guide top 5 Winning Bitcoin Dice Strategies
Perhaps the most common strategies for Bitcoin dice is to focus keep tabs on each roll, whilst monitoring the outcome and build a pattern. This strategy leverages probability prediction. For instance, if the last 10 rolls you made landed under 50, it’s likely that you’ll see a roll over 50 very soon.
Other strategies involve identifying alternating patterns — if you notice that your rolls are landing under 50, then over 50, then under again, it’s likely that this alternating pattern will end soon. Players using this strategy typically bet on the opposite of the last roll when they predict an alternating pattern is about to end.
It’s important to note that the future of random games such as Bitcoin dice aren’t influenced by random past events. Therefore, as the patterns don’t continue indefinitely, it makes the chances of prediction higher and therefore more enjoyable to play Bitcoin dice.
Bitcoin dice strategies are primarily concerned with staking plans. Using this Bitcoin Dice Guide, will give you a good start to playing the Dice game.
1. The Martingale Strategy
The most popular staking plan strategy is the Martingale Strategy, which originated in 18th century France. By using the Martingale dice strategy, Bitcoin dice players progressively increase the amount they bet with each loss. As a result, when a player wins a bet, the win from the bet covers the losses incurred from previous losing bets.
What the Bitcoin dice Martingale strategy looks like this:
1. A player loses a 10m฿ bet to roll under 50
2. The player places a 20m฿ bet to roll under 50
3. If that bet loses, the player places a 40m฿ bet to roll under 50
This pattern is repeated until the player correctly predicts a roll.
2. The Break-Even Martingale Strategy
With the break-even Martingale Bitcoin dice strategy is similar to the standard Martingale, however, staggers the staking process, slowing the rate at which stakes are increased.
A break-even martingale dice strategy looks like this:
1. A player loses a 10m฿ bet to roll under 50
2. The player places a 10m฿ bet to roll under 50
3. If that bet loses, the player places a 10m฿ bet to roll under 50 again
4. If the second 10m฿ bet loses, the player then increases the bet to 20m฿, and continues the Martingale strategy.
This process helps players hold out against a losing streak for longer.
3. The Inverse Martingale Strategy
When looking at the inverse Martingale Bitcoin dice strategy it is important to note it is the exact opposite of the standard Martingale. Using the inverse Martingale, players increase their stake size when they’re on a winning streak — not during a losing streak.
In the inverse Martingale strategy, players stake a 50% stake of the wins from successful rolls. This strategy allows players to keep half of the winnings from previous rolls even if they lose the staked 50%.
4. The D’Alembert Strategy
The D’Alembert dice strategy is extremely straightforward. Instead of doubling the bet amount after each role, as in the standard Martingale strategy, players increase their bet amount by 1x only after each consecutive roll.
5. The Paroli Strategy
The Paroli strategy is a progressive Bitcoin dice strategy designed to take advantage of winning streaks. The Paroli strategy looks like this:
1. A player will determine a base stake
2. The player will double their bet after each win
3. The player will stop raising their stake after three consecutive wins
4. After a loss, the player bets only their base stake.
To note, The Paroli strategy helps players to minimize losses and capitalize on winning streaks.