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sr. member
Activity: 1274
Merit: 261
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August 30, 2020, 06:17:20 AM
#48

Anybody have any statistics showing the effectiveness of systems in the short vs long-term? (+ merit)

There's a lot we can find online, that's the reason I experiment some of the betting system mentioned in the OP which is the martingale, but unfortunately, the result was opposite, so I quit.  Sad..... This only means, that a system would not work for everyone.

   I searched for these kinds of stats for dices, but I didn't find anything useful. What OP shared can be found on most of the sites,
the same lines, and the same strategies. I try my own strategies, I usually bet manually because for auto-betting you need bigger
bankroll. With manual betting I feel I have more control.   
   There're some sites with dice calculators, but you need to do your own calculations. They have basic info about dices, the same
strategies that OP shared. Search in google dice strategies and calculators and you will have many results, I checked few sites,
except interface they are almost the same.
hero member
Activity: 2982
Merit: 610
August 27, 2020, 06:00:50 PM
#47

Anybody have any statistics showing the effectiveness of systems in the short vs long-term? (+ merit)

There's a lot we can find online, that's the reason I experiment some of the betting system mentioned in the OP which is the martingale, but unfortunately, the result was opposite, so I quit.  Sad..... This only means, that a system would not work for everyone.
legendary
Activity: 2030
Merit: 1189
August 27, 2020, 04:54:55 PM
#46
Excellent post right here, but I don't think it goes far enough into the drawbacks of betting systems.

Realistically, in most games of chance you stand your best chance of making a profit by dropping an extremely large bet once, and then taking the profits first time around.

The more you play, the closer to the expected result you move. As such, if you're playing thousands of games using some strategy, odds are your win/loss ratio will be close to expected.

Systems will not help in the long run. I'm not even here they help short-term either.

Anybody have any statistics showing the effectiveness of systems in the short vs long-term? (+ merit)
copper member
Activity: 2968
Merit: 575
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August 27, 2020, 02:05:51 PM
#45
You know if those betting "system"/strategies actually worked, all casinos would go bankrupt. They would make using those strategies illegal and a bannable offence (like the way they don't allow people who card counts to play. I mean it is not illegal to count cards, but if you get caught, they will politely tell you to leave and won't let you play anymore on those casino).
People should know that all those strategies are nothing. Game of chances are all about your luck. If you are lucky, you win. But in the long run, it is always the house that wins.
legendary
Activity: 3248
Merit: 1402
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August 27, 2020, 05:14:58 AM
#44
Categories Of Betting Systems

- Positive Progression Betting: This is the most popular betting system purely because gamblers don’t need to have a big bankroll to start the casino game. With the positive progression betting technique, gamblers progressively increase their bets after each win and progressively decrease their bets with each loss.
The theory behind the positive progression betting technique is that you have the greatest opportunity to maximize your profits when you are experiencing a winning streak at the casino game. Additionally, if you are experiencing a losing streak, employing a positive progression betting method will help you to minimize your losses. Positive Progression Betting is a relatively harmless betting technique that offers the opportunity to strike it rich when you are enjoying a winning streak. Always remember that you are not guaranteed a winning streak and should not expect one when playing at the casino.

- Negative Progression Betting: This is a more risky betting system, purely because gamblers require a bigger bankroll at the beginning and a strong will to put this system into practice. With the negative progression betting technique, gamblers progressively increase their bets after each loss with a hopeful expectation of recovering their losses with a single winning bet. Gamblers also decrease their bets when they experience a win.
The theory behind the negative progression betting technique is that even though you have lost the last wager, you are destined to win in the near future. And when that win eventually comes, you would have covered up your losses and made a handsome profit in the process. As enticing as this strategy sounds, it is not suggested for gamblers as it may encourage a risky downward spiral in your casino experience.

Although it is quite plausible that a gambler may employ this technique and walk away with a superb profit, this system is not designed to facilitate great profit for a gambler. Notwithstanding the heavily favored casino odds, there is a great probability that gamblers may lose all or a significant amount of their dedicated bankroll, or at best break even.
Many gamblers are of the opinion that the negative progression betting technique is a flawed method of gambling, as there is a lot of uncertainty as to when your losing streak will come to an end. The negative progression betting technique is not recommended to gamblers due to the volatility of the technique.
This method would suit those gamblers who are high rollers with an extremely strong financial caliber.

- Insurance Betting Systems: This is a relatively neutral gambling technique and is considered as a safer system. With the insurance betting system technique, gamblers progressively decrease their bets after each loss.
Bear in mind that the above techniques are not a sure-fire way to strike it rich, and these should be used with caution at all times.

Another factor to be wary of is called Gambler's Fallacy, where gamblers become fixated with particular casino games based on their characteristics and what stimulates their attention. Gamblers tend to create fallacies in their mind that have weak foundations based on rumors or their perception of reality. These fallacies can cloud the judgment of gamblers, which in turn enables the house edge to prevail easier.
It's a nice and useful thread because it is very informative. However, I don't think there's evidence that betting systems work to help winning. The negative progression option is very addictive and extremely risky because it makes you lose a lot, fast and gives intuitive hope that the net bet will cover all these losses which it often doesn't. I liked positive progression betting, however, because at least it doesn't stimulate losing more money. I don't think I've tried it, but maybe I will. And the insurance betting seems like the safest option, but it's clearly not profit-oriented, it focuses on reducing the money one spends.
legendary
Activity: 2702
Merit: 1465
August 27, 2020, 05:07:16 AM
#43
Of all the strategies given in the first post, the most interesting for practice is of course the Martingale.
But as here in the topic some players note the main problem is not in the chosen strategy, but in strict adherence to the rules by gamblers.
And it is precisely because of the desire to win back that all the problems of such players arise. Their inability to stop on the other hand is the driving force of all gambling establishments, allowing them to have good profits.
Azart - as they say "delicate matter"
And the entire system of strategies is aimed precisely at educating gambling players, so that they, with a huge effort of will, can stop at the right moment.
And this is very difficult, I know from myself.
sr. member
Activity: 882
Merit: 269
August 27, 2020, 01:45:06 AM
#42
Yes, and I have seen this in almost all betting/forex/invest/gambling forums. I came to the conclusion that if a strategy exists and works, then it should show the same results regardless of who uses it. A custom bot is ideal. But I have not yet come across profitable strategies (

I think no one will ever share a really profitable strategy, because it will stop working. Almost all paid strategies and strategies that are in the public domain do not work or work for a very short time, showing negative results in the long run. Because the sellers and distributors of such strategies are just interested in the player's negative outcome.
well, if you are aware, some gambling places may still use some scripts that make the players at the gambling place suffer losses, perhaps by replacing the dealer card so that it looks like the dealer always wins and we as players often lose.
Those who are not aware about that cheating issues of the dealer are pitiful because they thought that its their unlucky day or maybe there is something wrong the way they play that's why they kept on losing their games but they don't know that sometimes it is the dealer who cheats just to trick them.
sr. member
Activity: 924
Merit: 256
August 26, 2020, 07:37:08 AM
#41
Yes, and I have seen this in almost all betting/forex/invest/gambling forums. I came to the conclusion that if a strategy exists and works, then it should show the same results regardless of who uses it. A custom bot is ideal. But I have not yet come across profitable strategies (

I think no one will ever share a really profitable strategy, because it will stop working. Almost all paid strategies and strategies that are in the public domain do not work or work for a very short time, showing negative results in the long run. Because the sellers and distributors of such strategies are just interested in the player's negative outcome.
well, if you are aware, some gambling places may still use some scripts that make the players at the gambling place suffer losses, perhaps by replacing the dealer card so that it looks like the dealer always wins and we as players often lose.
full member
Activity: 1750
Merit: 118
August 26, 2020, 06:31:40 AM
#40
Yes, and I have seen this in almost all betting/forex/invest/gambling forums. I came to the conclusion that if a strategy exists and works, then it should show the same results regardless of who uses it. A custom bot is ideal. But I have not yet come across profitable strategies (

I think no one will ever share a really profitable strategy, because it will stop working. Almost all paid strategies and strategies that are in the public domain do not work or work for a very short time, showing negative results in the long run. Because the sellers and distributors of such strategies are just interested in the player's negative outcome.

Because there is no profitable strategies in gambling obviously. There is also no work strategies no matter for short or long period. When you win on gambling with a specific strategy, luck is the one who is working for your win not the strategy. No one should buy any gambling strategies, if there is a seller says that a strategy is working then there is no need for him to sell it as he can make money from it. Lets just use our basic logic on this case.
most strats that i use works for a short period of time only and i can say that they are really working  .

 theres also strats are built for long term .  i wont say my strats or other strats are profitable because this is a casino and they arent built for us to loot them  .there are real jobs that we can do if we want to profit  . many sellers that i saw and at rare times there are buyers as well ,  both parties are desperate to earn . the sold strat can work if the buyer is lucky  .
legendary
Activity: 3066
Merit: 1312
August 24, 2020, 01:22:08 AM
#39
Yes, and I have seen this in almost all betting/forex/invest/gambling forums. I came to the conclusion that if a strategy exists and works, then it should show the same results regardless of who uses it. A custom bot is ideal. But I have not yet come across profitable strategies (

I think no one will ever share a really profitable strategy, because it will stop working. Almost all paid strategies and strategies that are in the public domain do not work or work for a very short time, showing negative results in the long run. Because the sellers and distributors of such strategies are just interested in the player's negative outcome.

Because there is no profitable strategies in gambling obviously. There is also no work strategies no matter for short or long period. When you win on gambling with a specific strategy, luck is the one who is working for your win not the strategy. No one should buy any gambling strategies, if there is a seller says that a strategy is working then there is no need for him to sell it as he can make money from it. Lets just use our basic logic on this case.
full member
Activity: 924
Merit: 221
August 23, 2020, 10:12:24 PM
#38
- Negative Progression Betting: This is a more risky betting system, purely because gamblers require a bigger bankroll at the beginning and a strong will to put this system into practice. With the negative progression betting technique, gamblers progressively increase their bets after each loss with a hopeful expectation of recovering their losses with a single winning bet. Gamblers also decrease their bets when they experience a win.
This is one of the old school betting to which one is successful in betting. This type of betting was regulated due to the fact that a gambler may not going to loss in this system. Imagine that lossing streak will be recover in just one win however, you may going to need bigger bet everytime one put into losses. This is why that betting platform made a limit to the maximum bet so there will be no betting strategy like this to apply.


This method would suit those gamblers who are high rollers with an extremely strong financial caliber.
There is no really problem with it because one can start thr minimum bet until the bet gets doubled every losses. As long as it is a sure win then bigger bets will be alright but the problem nowadays is that maximum bet is set already to which this betting strategy/system could not be applied.
legendary
Activity: 2562
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Leading Crypto Sports Betting & Casino Platform
August 23, 2020, 09:53:44 AM
#37
These are small differences, but some do not think about them from the point of view of mathematics, but talk about fatigue or loss of concentration - as if if it were not for fatigue then Martingale would be infinitely profitable.

This is a common excuse, Mister. Tired, distracted, lost concentration, was sleepy, had a headache ... everything will be to blame, but not the strategy.

I read somewhere that if a person is so justified. this is the first sign of gambling addiction. Somewhere on the forum, mister, maybe you also met this.

Yes, and I have seen this in almost all betting/forex/invest/gambling forums. I came to the conclusion that if a strategy exists and works, then it should show the same results regardless of who uses it. A custom bot is ideal. But I have not yet come across profitable strategies (
legendary
Activity: 2562
Merit: 1978
Leading Crypto Sports Betting & Casino Platform
August 22, 2020, 04:47:33 PM
#36
Most of these strategies are kinda off and are heavily-dependent on the gambler’s luck. While they are well-defined and systematic, they still don’t prove themselves to be actually useful in a real betting scenario. They can work, but most of the time they don’t due to a number of reasons. Variety in betting patterns tend to give gamblers more profits and wins than sticking to one of these strategies for a set period of time.

No, there is nothing at all about luck here. In my opinion, these strategies differ only in the rate/speed of your deposit loss. For example, if you use Martingale, then you will be in the black for a long time (if the minimum bet is very low compared to the deposit), and then you will suddenly lose everything. Strategies that use money management and reduce the bet after losing/decreasing the deposit will immediately bring a loss and gradually you will lose everything.
These are small differences, but some do not think about them from the point of view of mathematics, but talk about fatigue or loss of concentration - as if if it were not for fatigue then Martingale would be infinitely profitable.
legendary
Activity: 3542
Merit: 1352
August 22, 2020, 09:43:48 AM
#35
Most of these strategies are kinda off and are heavily-dependent on the gambler’s luck. While they are well-defined and systematic, they still don’t prove themselves to be actually useful in a real betting scenario. They can work, but most of the time they don’t due to a number of reasons. Variety in betting patterns tend to give gamblers more profits and wins than sticking to one of these strategies for a set period of time.
hero member
Activity: 1750
Merit: 589
August 22, 2020, 09:14:09 AM
#34
It took me so long and have exerted pretty much time to take a long read for the thread you have made but based on what I have understand and information I have extracted from the very long explanation presented on this thread, this basically just tackles or talks about betting strategies presented by any gamblers based on their preferences that are affected by internal and external factors considering the situation they are into that puts pressure for them to decide what kind of strategy they would exert based on gut feel and limit by the bank roll they have and how they could turn things out of the way to keep the play last longer with the chance of winning by inputting strategies they have in mind due to the situation they are currently into.

For me, even if you do not have time to read this or do not have prior knowledge about betting strategies, it would be a defense mechanism of the intellectual mind to create such strategies that he think would be an essential and effective way to survive the situation because generally strategies are concept of the human brain based on his analogy om what must be done on the present situation he's up to. Strategies are being an intellectual capacity of the mind to progress and process possible ways to do initiative on a certain situation such as betting. But the information stated by the OP was just a clear explanation of how strategies are being presented but basically, strategies are based on the individual himself on how he will assess the situation and act based on his guts.
legendary
Activity: 2562
Merit: 1978
Leading Crypto Sports Betting & Casino Platform
August 22, 2020, 08:31:05 AM
#33
Why do you think that losing is due to the fact that you lost patience and not for natural reasons? When you use the Martingale strategy, this is the standard option: at first small wins, but in the end one huge loss that destroys your depozit.

Using that system consistently makes you bankrupt easily, you never used that since you don't have an infinite bankroll.

I don't know why that method was invented, but that method is purely for gamblers who are greedy enough who can't accept loses when gambling.

This is quite an interesting strategy to play when the minimum bet is very small. I used to have fun playing with bonus money this way a lot.
By the way, there is a stream on Twitch constantly in the slot section where the Martingale strategy game is shown, a rather useful stream (if you want to fall asleep quickly  Grin ).

wxa7115

I know, but maybe the mathematical apparatus of some casino has flaws at long distances (in variance or something else) and someone once was able to identify and use these flaws.
hero member
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August 21, 2020, 12:28:19 PM
#32
Interesting topic, thanks! (although the information is not new to me).
I thought about this: from the point of view of mathematics, all these systems are equally unprofitable. That is, if you take a long distance, then the result when applying these strategies will be the same. Roughly speaking, with the same amount of bets for each strategy, the losses will be the same, which means that it is impossible to control the loss/profitability of the game on the part of the player. Has anyone tested this reasoning in practice?
This has been tested many times through history, if you take into account the house edge and the capital that you use in a gambling session and if you play for long enough then you results will come very close to the theoretical values that you could calculate yourself, so we know for a fact that all betting systems are unprofitable over the long term and that no matter what you do you are going to lose money to the casino due to the house edge.
hero member
Activity: 2982
Merit: 610
August 21, 2020, 06:40:25 AM
#31
I usually use the Martingale system. It's true that none of these systems lessen the risk or even increases your chance of winning. Bankroll management, luck, and patience are needed if you really want to enjoy gambling. I always end up losing all my money when I lose my patience. Just enjoy gambling and feel free to use your own strategy.

Why do you think that losing is due to the fact that you lost patience and not for natural reasons? When you use the Martingale strategy, this is the standard option: at first small wins, but in the end one huge loss that destroys your depozit.

Using that system consistently makes you bankrupt easily, you never used that since you don't have an infinite bankroll.

I don't know why that method was invented, but that method is purely for gamblers who are greedy enough who can't accept loses when gambling.
legendary
Activity: 2562
Merit: 1978
Leading Crypto Sports Betting & Casino Platform
August 21, 2020, 06:13:16 AM
#30
I usually use the Martingale system. It's true that none of these systems lessen the risk or even increases your chance of winning. Bankroll management, luck, and patience are needed if you really want to enjoy gambling. I always end up losing all my money when I lose my patience. Just enjoy gambling and feel free to use your own strategy.

Why do you think that losing is due to the fact that you lost patience and not for natural reasons? When you use the Martingale strategy, this is the standard option: at first small wins, but in the end one huge loss that destroys your depozit.
hero member
Activity: 2856
Merit: 667
August 21, 2020, 05:57:23 AM
#29
I usually use the Martingale system.
For me, depending on the game, on dice, yes, on sportsbetting, no, I used straight betting using a certain amount per bet.

It's true that none of these systems lessen the risk or even increases your chance of winning.
It's only a betting system, this would not tell what to bet, therefore it would not help if you don't master your betting technique.
Let's just say it's one of the factors needed to make a betting technique.

Bankroll management, luck, and patience are needed if you really want to enjoy gambling. I always end up losing all my money when I lose my patience. Just enjoy gambling and feel free to use your own strategy.

Honestly, yes it is according to my research when I applied on my experience, that's why I realize that betting without a good bankroll will only frustrate us gamblers and we will lose discipline as sometimes we are not that realistic with our goal. Realistic gamblers would already be happy increasing 20% of his bankroll in the period of betting, but sometimes gamblers wants to increases their money into many folds.
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