Can you make money Gambling Crypto? I Did, and Still Do!

iceburst (55)in #profit • 5 years ago

This is a follow up article to one that I wrote about 2 years ago. I took some time off from the crypto scene completely after the crazy BTC that scared away many people.

I see right now as the perfect time to get back in. BTC is hovering around $6100 and the Alt currencies are at very attractive entry points. I'm going to show you how to take $10 (less than the cost of an average lunch out) or even nothing (which admittedly takes more work) and create long term stable investments. This system is linear and I'll post some starting points for people that want to get started. I'll also list three different sites I believe are truly Provably Fair and then another to stay away from as I believe they are cheating on the mechanics in the background.

This tutorial is going to focus on Doge as the coin of choice. The reasons are:

Very cheap on a per coin basis
Available at nearly every excharge
Low transaction fees.

Fancy yourself a high roller or your going to come in with $100 or more, my recommendation is XRP for all of the reason above with respect to the coin value.

Now go get coins, your $10 should buy ~5,500 Doge (which the chart below support, see 5K coins)

Starting with a Results Chart

This chart represents what we are after, steady growth over time. Please note this isn't some short term dice roll, this is over a longer period of time than most people are willing to sit for (150K, about a days time) rolls. Even though we only win 97% of the time which is what is expected we still turned a profit.

The System
Predict < 20 (Roll Under)
On Loss Increase by 31.5%
Bet Amount : VERY LOW!, See the Table for some sample bet sizes.

Bank Roll	Starting Bet Size
60	0.0000001
500	0.0000009
5,000	0.00000115
100,000	0.000195

It's important to take note of a couple of items

Bet sizing is not linear
This works with any coin
Yes I am using an automated calculation system so I can generate additional value
You can lose, the chance of loosing is 1 in 7.5 Billion!

Here are the gambling sites in order of priority (explained later, they do contain referral links, please use them as a way of saying thank you if you are using this data)

Lowest Stakes gambling, most active rain system. This is the one we use in the tutorial. Minimum Doge withdraw 10-Doge, 1 Coin Fee

Hybrid between the recommended site and the high roller site. Minimum withdraw, 500 Doge, Fee 3 Doge

This site is only for higher rollers, 2500 Minimum withdraw, 20 Coin Fee, Highest Rains, choose your faucet type with free site tokens. If you started with $10, you might want to start here!

Lastly please stay away from FortuneJack.com, I know their site is sexy and fast but I believe they cheat and do not ad hear to Provable Fair systems. This is based on busting twice on a smaller bank roll that has never busted on any of the other three sites above.

If you have a different bank roll amount and you want a calculation, post a comment, please also post the site you are using and your username on that site. I'll be doing calculations for referred members.