Bitcoin Multiplier Game

4/9/2022admin

Bitcoin Multiplier Game Rating: 3,6/5 968 votes

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Bitcoin Multiplier Games
Bitcoin Multiplier Game Vs
Money Multiplier Gambling

The honest answer is yes and no. It depends on a lot of factors like your luck, the time you spend playing, the token amount you have, etc. Yes, they can work over a short period of time. But they surely fail over the long run.

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In this article, I will explain to you why is a bad idea to follow any system or strategy related to Coinpot multiplier game.

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1. Introduction

YouTube has a lot of videos about different Coinpot multiplier strategies or so-called “tricks”. These strategies promise you a 100% guaranteed profit and the comment section is full of positive comment from happy testers. So, I decided to write an article with a clear explanation about these systems and why all those tricks won’t work. Let’s find out.

2. Coinpot token multiplier game

The game is simple and it has 2 ways to win. You can bet on outcome low, which is numbers from 0 to 499. Or you can choose to bet on high numbers, which are 500 to 999. As you see it has a 50 percent chance of a low outcome and 50 percent a chance of high outcome. You can also choose between multipliers, the options are 2x, 5x, 10x, 20x, 100x or even 1000x. The staking possibilities are from 1 token to 100 tokens. They claim the game is provably fair and has a 0 (zero) house edge. Compared to the casino games which have 50-50 chance like roulette black and red betting, the zero house edge game should be pure gold for gamblers.

3. System explained

Most YouTube videos what you may have seen use The Martingale betting system. It means every time you lose, you double up your stake so that the first win covers all the losses. This is an old (maybe even the oldest) betting system and has been around for centuries. It was (and still is) widely used betting system in casino games such as roulette where you can bet on black/red or odd/even.

Example 1: You bet 1 token onlow. If your bet wins, you collect 2 tokens (1 for win and 1 as a stake). Butif your bet loses, you double up stake amount which will be 2.

Example 2: You bet 3 tokens on high. Again, if you win you collect 6 tokens (3 for win and 3 as your stake). On the loss, you double up your stake. In this case, it will be 6.

4. Putting the system to test

First things first. All those trick videos what I have watched don’t use X number of rolls. They all play the multiplier game X number of minutes. That’s complete nonsense to claim that their system work. By X number of rolls I mean they should have for example 100, 1000 or 10000 rolls to make some claims. The X number of rolls will show us how often will high or low occur. Let’s make an example so we can have a clearer picture.

Example

So, let’s say we roll 100 times, or ok even 100 000 times. The outcome of high and low should be 50-50, right? WRONG! It’s not working like that. It’s basically impossible to get true randomness. There is no 0 point from where we can start making expectations that from now next 100 or 1000 rolls will be perfectly balanced 50-50. Every roll is independent of the previous roll.

There is no memory or pattern to follow, it’s just an RNG (Random Number Generator) algorithm. And believe me, that RNG algorithm is solid. I’m not claiming that it can’t be cracked, but it will be hard. You would need to have an algorithm seed for that. But this is another topic for other experts to write about.

So basically, it means you can roll 10 times in a row low numbers and every time bet on a high number. This doesn’t guarantee that the 11 times you will roll high number. It’s just how RNG works. Even if there will be in the future such a video where is X number of rolls and the starting balance will be in profit, it will be pure luck for that player.

The second and the MAIN reason why these types of systems don’t work is that you need a massive number of tokens to cover your losses. With this kind of doubling system, your balance will be wiped out faster than you can blink your eyes if you have low token balance and hit a losing streak. Look at the table to see how much tokens you need to play this system.

BetNr.	Stake needed	Bank 100	Bank 500	Bank 1k	Bank 2.5k	Bank 5k	Bank 10k	Bank 100k	Bank 1M
1	1	99	499	999	2499	4999	9999	99999	999999
2	2	97	497	997	2497	4997	9997	99997	999997
3	4	93	493	993	2493	4993	9993	99993	999993
4	8	85	485	985	2485	4985	9985	99985	999985
5	16	69	469	969	2469	4969	9969	99969	999969
6	32	37	437	937	2437	4937	9937	99937	999937
7	64	-27	373	873	2373	4873	9873	99873	999873
8	128	245	745	2245	4745	9745	99745	999745
9	256	-11	489	1989	4489	9489	99489	999489
10	512	–23	1477	3977	8977	98977	998977
11	1024	453	2953	7953	97953	997953
12	2048	–1595	905	5905	95905	995905
13	4096	–3191	1809	91809	991809
14	8192	–6383	83617	983617
15	16384	67233	967233
16	32768	34465	934465
17	65536	–31071	868929
18	131072	737857
19	262144	475713
20	524288	–48575

Coinpot multiplier cheat sheet

As you can see in the table above, it’s completely pointless to follow that strategy. You can easily have unlucky day and roll 20 times low or high outcome and your 1 million Coinpot balance goes to zero. For example, if a player has 1000 (1k) tokens and follows this strategy, then on Bet nr. 9 he needs to stake 256 tokens to win 1 token (+previous losses). Or with a bankroll of 100k you need to bet 32 768 tokens to win 1 (+previous losses). Doesn’t make much sense risk this kind number of tokens to win just 1.

I have personally tested this out. I started with 663 tokens, bet on a high outcome and hit a 9-time losing streak. Here is a proof of that losing streak. Don’t try this at home as they say. Start watching pictures from bottom to top. The last win was 32 tokens and then straight to zero.

5. Verdict

So, is this system working at the end of the day? Absolutely its working, -its working perfectly if you want to lose your tokens. Believe me, every system is guaranteed to fail eventually. Let me put that way. If those systems had worked, would Coinpot be still in business? They had been gone for good long time ago. Think about yourself what damage those 100% guaranteed working systems had done. Let’s do one last calculation to paint a picture of what kind of damage we are talking about.

On the YouTube video, there is a player who has a 1 796 505 token bankroll. He uses 100 token stakes and about 2:20 minutes later he has won about 6284 tokens. So, if it was 100% working system, then damage done only by this player alone would look like this:

Using a 100 token stake and playing the whole hour would net him 171 381 token profit. 1 hour divided by session and multiplying token amount won on a session (60/2.2×6284). This amount of tokens equals about 413 030 satoshis (at the time of writing 1 Coinpot token = 2.41 satoshis). To go even further, 413 030 satoshis is 0.00413030 Bitcoin and that is at a current Bitcoin price (4068 USD) 16.80 USD. For a 1 hour of play, you get 16.80 USD. Not bad at all! Imagine what your monthly income would be.

For sure it’s better than going to work! But one questions disturbs me.Would you have revealed your golden strategy if that was you? I didn’t think so. Why kill a goose who lays golden eggs, right?

Don’t waste your tokens by trying to beat the system. If you don’t know what to do with them, you can read my article Coinpot tokens explained. I analyze in that article whats the best way to earn Coinpot tokens and what is most profitable way to convert them.

`OUR GOAL`

The priority of Genuine Bitcoin Multiplier is achieving the highest return from the activity on the foreign currency exchange (Forex) and Cryptocurrency exchange markets. If you like the idea of starting online trades in the Forex and Cryptocurrency markets, Genuine Bitcoin Multiplier will be your best investment carrier which will work without sleep or exhaustion to ensure proper care and outstanding revenue to each of our investors.

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ABOUT US

Genuine Bitcoin Multiplier was founded in April 2017 by group of professional traders and club of hackers
and registered as real company on April 2017 in Frankfurt. We are a serious company and
we are here for a long time. We use only 'Genuine Bitcoin Multiplier ' domain name.

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CONTACT

Please also note( especially for new customers) That we only use one email for support.