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I see streaks on both sides, but streaks is what kills any strategy as it doesn't matter the direction.

If your betting 1 Steem, and you get a streak of 10 wins, you make 10 Steem. But when you get a streak of 10 loses, you lose 1500 Steem.

True. A loss of 1024 STEEM to be precise. But if one could always win, how will a casino run its business :)