Dice bag

A Dice bag contains dice. It can be purchased from Faruq in Al-Kharid for 10 coins.

Players can roll a die in a friends chat or privately. There is an animation when a die is rolled. Dice vary in colour depending on the number of sides they have.

Dice can be used as a method for deciding what to do next with the result being linked to either an odd or an even number. It is common to utilise a standard 6-sided die for this effect.

originaly the dice bag was to choose who would go first in the race.

In Faruq's Toolonomicon it says, 'The dice bag contains many kinds of dice. Use the bag to choose a die and then roll for yourself or for your friends. You must put the dice away before you can place the bag in your bank.'

Players can choose the following from the bag:

Dice games
The dice bag is commonly used to form dice games. The one dice game is the high roll game, in this game the host player will have a dice bag and a sum of money (usually a couple million gp). Gamblers will join the friend chat the host is in, trade their bet over to the host, then wait for the result. The host will accept the bet, call out the bet (Ex. "Goodluck, 100k bet, PlayerName"), then determine whether the player won or lost. Winning or losing depends on the rules of the particular dice game. One of the most common games is the 55x2 game. The host uses the 1-100 option for the dice. If the roll is over 55 the gambler wins; if it's below they lose. Depending on the game a 55 can be a win, loss, or tie. Many different versions of this game exist with different odds. If a gambler wins they receive their bet x2 in return. Another game played is called Dice Dueling. This involves one player giving a host their bet, or "wager", then the host calls out "{amount} wager @ Host Name". Someone would then trade the host and give them the same amount, thus calling the bet or wager. Then both players roll the dice, and the higher player wins and trades the host to get the "pot", which is both people's money. It is very common for dice hosts to scam their gamblers, even if the hosts appear rich, high level or legitimate. Gamble at your own risk!

The Odds Equation
The logistics of dice games can be confusing. First you start with the Odds Equation: ''A - B. A is the odds and B'' is the winnings multiplier. A is usually between 51 and 60, while B is usually 2. Some people will raise the odds to 80-3. If you are dicing under a clan, be sure you know whether or not they have a standard odds that all their users use. You may be kicked for using different odds.

The Pot Equation
The Pot Equation is C x B, with C being the amount that the gambler bet against you, and B being the winnings multiplier.

Logistics of Dicing
You will need a Dice bag and a large sum of money to start hosting. Be sure you have read the above Article on the Odds Equation.


 * 1) To host a dice game you need to use the Percentile Dice, so get your dice bag and select the option "Choose Dice Dice Bag", then click "more..." to go to the next selection and select "Two 10-sided dice for 1-100".


 * 1) Next you need to make a Friend Chat. If you are with a dicing clan, join their friend chat, but if you're going solo, you need to make your own.
 * 2) Now lets say you have completed those two steps, lets put some failsafes in place so that you don't gamble yourself broke. Lets say you have a cash stack of 20m. If someone were to bet 10m and win they would clean you. To prevent that from happening, always place limits on the Max bet a gambler can make. If you're feeling brave you can accept bets up to 2.5m safely, however if you have never done this before and are feeling cautious, set a limit at 1m.
 * 3) Now that you know your limits, lets start dicing. (please read all the steps before you start) A client, we'll call him Bob, walks up to you and bets 200k against you. Your odds are set at 55x2. You accept the 200k in a trade. Enter the numbers into the pot equation, its a 200k bet with a 2x multiplier, so the pot would be 400k. You announce the bet, "400k pot Bob", maybe throw in a good luck or something.
 * 4) Now you roll the dice. Select the option "Friends-Roll Dice (up to 100)". Observe what the number you rolled is, If it is below A, in this case its 55, you get to keep the 200k, If it is above A you have to give them the pot, in this case 400k. So send the client, in this case "Bob", a trade request, and give him 400k. However if the number you rolled is exactly A, then you have to roll again, and repeat this step over again.
 * 5) Now your ready to start dicing in RuneScape. Most dice clans have a "Only trust ranked members" policy, however many unranked people are also reliable. Don't be discouraged because you are not ranked: it takes some time to get ranked. Just make sure you're always legit. If you lose, pay out - don't run off with the other person's winnings.

Sniping
Sniping is a tactic gamblers sometimes use because of the erroneous belief that it allows for, on average, increased profit. By the same token, most hosts will react to this tactic as cheating. In reality, the average winnings as a result of using this method are no different than those of a normal bet. The process is fairly simple: the gambler begins by betting a small amount of their investment money, such as 1/25th of their money. If they win then they place the repeat. If they lose they place another bet twice that of the original bet. By doubling their bet each time they 'lose' a game, they will gain back all their losses plus the original bet if they 'win'. While this will often allow a player to gain a moderate amount of profit, it simultaneously results in a small chance to lose a much larger sum of money in the event that a player runs out of money before winning, which, mathematically, exactly balances the greater chance of a smaller reward. A player who is sniping must be careful to avoid being banned from the clanchat as well as beware of scammers since they may end up betting 10 times or more of their original bet.

For example, if you have 2.5 million gp, your wage would be 100k. If you win, your wage is doubled. If you lose however, you bet 200k. Assuming that you win, you maintain the cost of the original bet and as a result, no money is lost. Again, the possibility of running out of money before winning statistically balances these gains.

This strategy is known in the real world as the "Martingale Betting System" or "Martingale Strategy", and first became popular in 18th century France. In mathematical terms this strategy is only plausible with a literally limitless supply of money and an infinite amount of time available to spend betting.

Trivia

 * You can not use the Dice bag at the Duel Arena, Grand Exchange, Banks, and many other areas. Presumably Jagex's way of limiting gambling in potential hot spots.
 * When a player rolls with 2 six sided dice, a roll of 1 has been reported by some players.
 * When rolling a percentile dice, the numbers go from 1 to 100.