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Screech
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Wed Oct 30, 2019 11:50 pm
If you have a low value, obviously dont flip the max, did i need to say that?
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Wed Oct 30, 2019 11:59 pm
This is exactly what I am talking about, that you do not know what you are talking about.

There is a thing called streaks (eg. winning streak, losing streak). Get enough of these where you lose all your money and it is called ruin. Coinflipping the max amount is the fastest way to ruin because it requires the least amount trials.

--

Now, the total amount of money you have coinfliped is 6,470,000 (2,985,000.00+3,485,000.00)

Let us subtract 1,800,000, the amount you said that you had coinfliped before you switched to flipping the max for exp. We are left with 4,670,000.

Divide that by 200,000 the max coinflip amount. This means you have supposedly flipped 23.35 flips since you decided to flip for exp. We will round this down to 23

You have flipped 142 so far, subtract 23 from it and it is 119. This means you flipped 119 flips during your time not flipping for exp, but using your 'strategy' to earn money.

You said that you gain $7,500 on average with each flip, and you gained $800,000. If you win $7,500 each flip, with no losses, it will 107 flips (rounded up from 106.6 repeating).

Do you see how unreasonable this is? 107 flips, 119 flips total.
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 12:04 am
Let me know whenever you see someone with a 10mil value lose it all by flipping the max
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 12:06 am
And how is 12 off not reasonable? Im relying on my memory here buddy, sounds like a good guess to me
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 12:14 am
Let me rephrase that then, "best" is perceptive, flipping the max every time is the RISKIEST and you have the highest chance of losing the most money.

I'm not saying the difference is unreasonable, it is the fact that you flipped 107 - 119 flips with a 1:1 return ratio and said you made money?

Now, let me ask you, why do you almost exclusively unbox rares?
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 12:17 am
i dont exclusively unbox rares, what are you talking about
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 12:18 am
Well it seems like you do. List all the boxes from best to worst.
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 12:19 am
why does it seem like i do? im confused, can you see what ive unboxed or something? how?
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 12:20 am
Of course I can. Now, what do you think is the box with the best returns
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 12:21 am
how can you?
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 12:58 am
Discord search function, and it does seem that you do like to open rare boxes. I wonder why. Possibly you did start with ultra rare boxes. You lost money; every now and then, you would lose a lot of money by getting a bunch of low value drops. You decide to try rares. It seems that rares don't lose you as much money. A little loss, a little gain, seems better than opening ultra rare boxes right? Completely wrong. Your perceived that they were better, they felt better, but you were wrong. You tricked yourself by believing that they were better than ultra rares, just like you perceive you gained money with your 'strategy.' How? Rares just felt like they didn't lose a significant amount of money every time you mass unboxed them. Just like how you feel like you aren't losing money with your strategy, because, how could you?

Now, to answer your question about hitting ruin with 10 million value. Do you have all 10 million in cash? No, you do not. What happens when you run out of cash? It won't take that long. Will you sell some items? What happens when you lose again? Will you sell more items? How much will you sell? Obviously you won't sell all 10 million, likely not even a few million. Once you stop selling after your loss, its effectively ruin. You don't need to lose all 10 million value, it's about how much you are willing to lose in your inventory until you decide to take it.


Last edited by Infinity on Thu Oct 31, 2019 1:00 am; edited 1 time in total (Reason for editing : spelled sell wrong)
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 1:02 am
Your assumptions are flat wrong. Lol.
There’s no way you can see what people unbox the most with BoxBot commands. Unless youre a mod and dont wanna tell us. You just typed a novel saying “you did this you did that,” and well, no, i didnt lol. God youre something else.

Please, explain to me how u can see what people unbox the most, oh wise one


Last edited by Screech on Thu Oct 31, 2019 1:06 am; edited 1 time in total
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 1:03 am
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 1:12 am
I can see what commands you use by simply using the discord search function. I don't need to be mod, as you say. If you couldn't figure that out, then "God youre something else." If you say I'm wrong, then would you tell me why you unbox rares so much?
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 1:15 am
OHHHHH my god! I cant believe you know how to use the search function! whew, blowing my mind!
i also cant believe you think i ONLY play boxbot in the main server lol! lol! lol!

also, i said "unless youre a mod and dont want to tell us."
you then saying "i dont need to be a mod, as you say" just goes to show how desperate you are to find a point.

you really are an imbecile. good day.
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 1:21 am
Of course I don't think that you only play on the boxbot main server. I'm not looking at the boxes you unbox, I'm looking at your inventory over time. If you wan't to completely deny answering my question in favor of just telling me I'm wrong, with no explanation, then that is fine with me; we can just end this conversation. I have already proved that your system of coinflips does not work. How am I desperate? You haven't provided any evidence, other than the fact that you say that you have gained money, which, of course can not be proved, and which I have proved, the chances of which actually happening is very unlikely.

As you have said, Good day.
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 1:25 am
@Screech wrote:Are you mad? because i couldn't tell!

Me and another, smarter, person have already had this conversation. The expected value is in fact 0, he proved me wrong. If there was no max coinflip cap, then this would seem much more like a winning strategy, even though it still isnt. .

you didnt prove me wrong. someone else did, and ive already admitted it wasnt a winning strategy.

you are a sad, sad person. ill pray for you.
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 1:26 am
looking at my inventory over time is even worse, i sell things, buy things, use things. goodness. you mustve forgotten. its okay little guy.
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 1:54 am
LOL


Last edited by Monolith on Thu Oct 31, 2019 1:59 am; edited 1 time in total
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 1:55 am
how
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 1:58 am
NVM nothing forget I said that
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 1:59 am
ok?
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 2:05 am
How to make profit with coinflips - Page 2 Dunnin11
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 7:15 pm
Screeh if you didn't know, its called the dunning-kruger effect Smile
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How to make profit with coinflips - Page 2 Empty Re: How to make profit with coinflips

on Thu Oct 31, 2019 7:51 pm
Also, if you try to prove this wrong with your own coinflip stats, check mine. I gained 1.4 milllion just by coinflipping 200k each time.

EDIT: I just noticed you've lost like 900k by doing coinflips. lol! lol! lol!
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