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Topic: Beat a dice site using martingale - page 2. (Read 4024 times)

hero member
Activity: 700
Merit: 500
December 22, 2014, 05:04:19 AM
#61
You can beat it for a short period.. But martingale applicated in a long period is a suicide! Is the best way lo to lose all your money!
legendary
Activity: 3668
Merit: 6382
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December 22, 2014, 05:00:40 AM
#60
Did it many times. But eventually you will loose.

Martingale at PD? Come on.... There is no chance.

LOL...yeah.!! there must be millions of ppl who have tried and failed miserably on PD martingaling.! GL..whoever is planing to try it in the future!

PD sucks!

You will eventually end up losing.

lol me too

I couldnt get profit on it.
That doesnt men it sucks. You just had bad luck on the site. Having bad luck on a site doesnt make it bad.


Primedice seem to "provide" more long losing streaks than other gambling sites.
But primedice also has more players than most other gambling sites and maybe that does matter...

The funny part is that I expect that most of the players complaining about primedice actually try to get rich gambling the faucet money.
sr. member
Activity: 322
Merit: 250
Ask me anything if you have any problem
December 22, 2014, 04:56:09 AM
#59
Never use martingle. You will lose all of your money someday. The lose streak can be more than 10+ times
sr. member
Activity: 252
Merit: 250
December 22, 2014, 04:45:28 AM
#58
Did it many times. But eventually you will loose.

Martingale at PD? Come on.... There is no chance.

LOL...yeah.!! there must be millions of ppl who have tried and failed miserably on PD martingaling.! GL..whoever is planing to try it in the future!

PD sucks!

You will eventually end up losing.

lol me too

I couldnt get profit on it.
That doesnt men it sucks. You just had bad luck on the site. Having bad luck on a site doesnt make it bad.
legendary
Activity: 3668
Merit: 6382
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December 22, 2014, 04:42:27 AM
#57
If you want to use that technique you'll have to start with big money and do very small bets. This will give you a chance if you'll lose 10 or even 20 in a row.
But what happens if (I know, the chance is small, but it CAN happen!) you lose 30 in a row?

Conclusion: try to not play more than you afford to lose and take it like a game, not as an investment (invertment, lol!)
legendary
Activity: 1043
Merit: 1032
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December 22, 2014, 04:22:40 AM
#56
I had a win turning 0.5BTC into 1BTC using my own martingale technique... check out how I did it here - http://www.coingamblingreviews.com/bitcoin-martingale-coin-sweeper/
sr. member
Activity: 378
Merit: 250
December 22, 2014, 12:41:00 AM
#55
It's always a zero sum game if you stick it with for too long.
Gambler will not be profit at the end.
full member
Activity: 150
Merit: 100
December 10, 2014, 09:32:51 AM
#54
Did it many times. But eventually you will loose.

Martingale at PD? Come on.... There is no chance.

LOL...yeah.!! there must be millions of ppl who have tried and failed miserably on PD martingaling.! GL..whoever is planing to try it in the future!

PD sucks!

You will eventually end up losing.

lol me too

I couldnt get profit on it.
hero member
Activity: 784
Merit: 1000
December 10, 2014, 09:11:29 AM
#53
I don't know if people realize this or not, but dice sites all have a house edge.  Which means the more games you play, the more likely you are to lose.  Its simple math no matter what you do, the more you play, the more likely you are to lose.
member
Activity: 107
Merit: 10
December 10, 2014, 07:57:03 AM
#52
Did it many times. But eventually you will loose.

Martingale at PD? Come on.... There is no chance.

LOL...yeah.!! there must be millions of ppl who have tried and failed miserably on PD martingaling.! GL..whoever is planing to try it in the future!

PD sucks!

You will eventually end up losing.
newbie
Activity: 49
Merit: 0
December 10, 2014, 07:40:13 AM
#51
Here's an interesting piece of information; the longest recorded streak of one color in roulette is supposedly 32 times in an American casino (sorry, no source).

That would mean that if you would apply Martingale and bet 1 milli-bitcoin (0.001 BTC) on the losing color for that particular outcome you would be about 2 147 483 BTC down the hole at the end.
hero member
Activity: 543
Merit: 500
December 10, 2014, 05:41:49 AM
#50
Even though I know very well that martingale (and any other so called strategies) doesn't work mathematically and realistically, I still can't resist in using it sometimes and end up losing my bitcoin. Grin
legendary
Activity: 840
Merit: 1000
December 10, 2014, 12:48:58 AM
#49
Did it many times. But eventually you will loose.

Martingale at PD? Come on.... There is no chance.

LOL...yeah.!! there must be millions of ppl who have tried and failed miserably on PD martingaling.! GL..whoever is planing to try it in the future!
legendary
Activity: 1162
Merit: 1001
December 09, 2014, 10:56:18 PM
#48
Is there anyone that has thought about beating a dice site using martingale?

If it was possible then every dice site would be broke. Best strategy is to hit and run with maybe a modified martingale
hero member
Activity: 868
Merit: 1000
December 09, 2014, 06:17:03 PM
#47
 I do ok on it. just have to know when to bet, stop, bet more
legendary
Activity: 1512
Merit: 1012
December 09, 2014, 03:02:08 PM
#46
Impossible, unless the site has flaws...
full member
Activity: 182
Merit: 100
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December 08, 2014, 08:15:18 PM
#45
the method of doubling every loss.. it would matter based on the size of your bank roll.

i mean it works for short term though, this is my observation.

maybe if you have 1,000BTC bankroll and do basebet of .001  Wink

this bankroll is not enough for this basebet
20 streak of losses will take 1048.576 BTC
and 20 streak of losses is very possible
newbie
Activity: 42
Merit: 0
December 08, 2014, 07:55:01 PM
#44
I used martingale on pd, and it sucked lol.

trust me dont use it, if anything you`ll grow the balance by a bit not a lot.
newbie
Activity: 28
Merit: 0
December 08, 2014, 05:31:25 PM
#43
Using Martingale is like playing Russian Roulette. Each time you pull the trigger and the gun doesn't go off you win a little bit. At the very least you want to use some statistical analysis or Monte Carlo simulations to figure how long you can go before the next play gives you N% chance of you wiping out your account. The smaller your starting bet and the bigger your account, the more empty chambers the the revolver has.



best example ever  Smiley
legendary
Activity: 3276
Merit: 2442
December 08, 2014, 05:12:54 PM
#42
be in your mind; 1 satoshi bet becomes 343.5btc after 35 times of loses.

I personally experienced 20 reds in a row on a x2 bet. And considering the most dice sites pay 20-30btc max, you can only lose 30times and you must win the 31st, if you lose the 31st bet you can always cry in a corner silently. i will be there to pat your shoulder.

and after all, even if you win you ll get only 1 sato:D:D
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