Overview:
We have made an auto bet system for inhouse games that uses the same components along most of our inhouse games. Players shouldn't learn a new auto bet system each time they change a game, thus the same system will work for all games and it uses settings that you can find useful in your gameplay such as:
Stop after betting certain times
Stop after winning a certain amount
Stop after losing a certain amount
Increase, Decrease, and Reset bet on WIN
Increase, Decrease, and Reset bet on Loss
Auto bet - Using Dice game as an example:
Despite the auto bet being used among many Chips Originals games, we will use the dice game as an example to show how the auto bet works. Dice game can not be complete without an auto bet feature. With the auto bet you get few options that allows you to be creative with the strategy you like. We will also later give you an example on how to use the Martingale strategy with auto bet.
Auto: Click on the auto button to switch from Manual to Auto bet. You can later click on the Manual button to return to the manual bet.
# of Bets: Here you can set how many bets you would like to place. For example if you put 10, then the Dice will make 10 rolls then once it hit 0 it will stop, to continue playing infinite bets, delete the 0.
Stop Profit: This is your stop profit function, the way it works is it calculates your initial balance when you started the auto bet, summed with your stop profit, to stop all bets when your balance reach the summed value.
For example, if your balance is 1,000$ and you set your stop profit at 100$, that means after any bet if your balance reaches 1,100$ then the stop profit will trigger and the auto bet will stop.Stop Loss: The stop loss works the same way as the stop profit, but it subtracts the stop loss amount from your initial balance, something you need to be aware off is that the stop loss is not a maximum bet function, as you will see in the example.
For example, if your balance is 1,000$ and you set your stop loss at 100$, that means after any bet if your balance drops to 900$ or under, then the stop loss will trigger and the auto bet will stop.
Remember, if your Stop limit is 900$ (1,000$ - 100$) if your balances goes up to 1200$ and then you make a big bet, the stop limit only triggers after the result comes in, this is why we said that the stop loss, does not work as a maximum bet, As some players falls into the error of gaining profit, allowing there bet increase to do bigger bets without them paying attention.On WIN: This allows you to increase your bet by a certain % when you win, however it also allows you to reset the bet amount to the initial bet after a win, and you can do that by inserting 0 in the ON WIN. The reset function is useful when having an increase ON LOSS so your bet doesn't go up none stop on every loss.
On Loss: This option allows you to increase your bet by a certain % when you lose a bet, however it also allows you to reset the bet amount to the initial bet after a loss, and you can do that by inserting 0 in the ON LOSS. The reset function is useful when having an increase ON WIN so your bet doesn't go up none stop on ever win.
Place Bet: Finally use the bet button to turn the auto bet ON or OFF
Martingale Strategy:
This is definitely not an endorsement for the martingale strategy, however it is a famous strategy used in a lot of gambling games, and it is a nice example to show you how you can use some of the auto bet functions.
For this strategy we will be depending on the ON WIN, and ON LOSS functions, using them at the same time, and to show you how they work together.
The martingale strategy is simple, when ever you lose a bet, you double your bet until you win, and then reset to your initial bet, sounds simple and easy money right? Not clearly, when you double your bet, your bet start to increase dramatically after few losses, and for that reason casinos always have a max bet amount, because if there weren't a max bet, then any person with big bankroll can martingale forever and break the casino.
So, this is how it goes, you choose a bet prediction where the payout is 2x or close to it, and you start with 1$ bet, if you lose, then you bet 2$, if you lose, then you bet 4$, and keep doing that until you win, once you do, then you reset to bet 1$ and that's how it goes. Using this technique you always manage to win 1$ from each WIN.
Setting the auto bet for martingale:
In the example below you can see that we have the following settings:
Bet Amount : 1 BUSD
ON WIN : 0 [RESET] when you type 0 in ON WIN or ON LOSS then that activates the reset function, to reset the bet to the initial bet, which is in this case 1 BUSD, if you do not add the 0 and leave it empty, then the ON WIN will be labeled as [DISABLED]
ON LOSS : 100 [Increase by] This means that when ever you lose a bet, your current bet will be increased by a 100% or 2x.
So how can we read this function? Bet 1$ over 50, when you lose, increase bet by 2x, and when you win reset the bet to 1$.
And this way you can be creative with your strategies and your luck.