Never gamble more than you can afford to lose!
Was a lesson taught to me by my late stepfather. And with this in mind I sat down to play magic dice last night, to earn some magic tokens, what ever they are.
277 steem down the drain later, I hope someone gets to win that back, and I was down to nil steem in my wallet, and minus also over 2 sbd.
My take on the game is from last nights experience, and not based on their code, or their information they provide regarding odds of winning or house advantage.
I was going along nicely with 5 steem bets at under 95, leaving the house little chance to win, though with only small gains for me, 5 steem gets a winning return of 5.2 something. You only have to lose once for it to take a long time to get the 5 back. I did note some familiar names there as it shows who has won or lost last. Most seemed to be going the 50 50 route too.
I am not writing this from any emotional viewpoint as when I sat down I was well prepared to lose, as I would also accept a win.
It seemed that the average was a winning run of 7 - 9 rolls as I jotted down the results. Then when I lost I would up the stakes, expecting a win, that though seemed less likely, the more I wagered. Wagering above 15 seemed to yield very poor returns, and more losses than wins, hence me being 277 steem down today.
If they are selling shares in this venture I feel I would most certainly buy in lol.
That is my first gamble of the year and one that most definitely did not pay off. I may buy some more steem today, I though will not be returning to play that game ever again.
My take on this gamble is like going to watch a very bad football game for my own team, and getting a good hiding whilst paying for it. It/both only leave you feeling down the day after, the football downer though can last all week.
Image from pixabay, and I chose it as she is laughing, and she might as well be laughing at me today. :-)