Biggest streak that you won in the end

aniglo

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@OldHiall LuckyBit

Quote from: moriartybitcoin on June 13, 2015, 07:46:36 PM

Quote from: aniglo on June 13, 2015, 05:57:02 PM

my longest losing streak that ended with the victory -17 ... the longest of which ended in disaster 32 (i lost almost 6btc) ehh...

32 red? May i know how much is your base bet, your multiplier and multiplier on loss? And what site did it happened?

i do not remember the basic rate - it was a long time ago...i play all night and change settings sometimes...i never again played so sharply on 999dice

PenguinFire

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That Darn Cat

In 50/50 dice the biggest streak I ever earned was 12. If only it was wins instead of losses. Embarrassed

adaseb

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I think with 50/50 dice, I think I had like a 15 win streak but unfortunately I kept decreasing my bet size after he win assuming the next roll would be a loser.

And same with a losing streak, I think I had a 15-16 lose streak

lexuz

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Me, myself and I

I not much experience on dice game because i just play dice when i dont know must i do. Best i got streak won 3 streak arrow. With little amout bet Cheesy

moriartybitcoin

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★777Coin.com★ Fun BTC Casino!

Quote from: aniglo on June 13, 2015, 05:57:02 PM

my longest losing streak that ended with the victory -17 ... the longest of which ended in disaster 32 (i lost almost 6btc) ehh...

32 red? May i know how much is your base bet, your multiplier and multiplier on loss? And what site did it happened?

aniglo

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@OldHiall LuckyBit

my longest losing streak that ended with the victory -17 ... the longest of which ended in disaster 32 (i lost almost 6btc) ehh...

EvenMatt

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★secondstrade.com★

i played some one armed bandits.
and lost all my coins.
now i know why they call it one armed bandit Cheesy

ambitlons

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lost 26 and won the 27th

siwakotisaurav

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Quote from: ajareselde on June 13, 2015, 01:30:16 PM

Quote from: siwakotisaurav on June 13, 2015, 06:31:57 AM

Quote from: White sugar on June 13, 2015, 02:43:34 AM

Quote from: ajareselde on June 13, 2015, 12:28:51 AM

I don't play on martinage system a lot, but once i had 8 losses in a row on 50% chance, and had no more funds to continue because my starting bet was pretty high.
If you are playing it tho, try rolling with 0 BTC (if it's allowed, if not, just put 1 sat), and wait for the loosing streak before you actually make a real bet.
In the end, you may loose again of course, but statistically your chances to win should be bigger. Naturally, play long enough, and the loosing streak is bound to happen sooner or later, so it's best not to be too greedy.

I thought no one would fall for the Monte Carlo fallacy anymore Sad

https://en.wikipedia.org/wiki/Gambler%27s_fallacy

True and at a dice site the chance of the next roll being in a range is not reduced by the roll beofre, to say it in clear words, the previous roll doesn't affect the roll after thats how you get so many loss streak.

No, there is no true reduction or influence in a roll by previous rolls made, but to some statistic we all believe in, the chance of failiure should be smaller - by my logic atleast.
Dont you think so ?

cheers

Hehe true as well man. Lost a few mbtcs thinking the same thing at 1.2x.

Gultahin

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my staring bid 0.00002 and won 0.002..loved this time...
unable to stop my heart from boiling... Roll Eyes

monbux

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I believe it was 16 or 17 losses, with my starting bid at 0.00001 BTC. I wasn't watching at the time it was actually happening but a couple seconds later I glanced at it and freaked out, haha

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: siwakotisaurav on June 13, 2015, 06:31:57 AM

Quote from: White sugar on June 13, 2015, 02:43:34 AM

Quote from: ajareselde on June 13, 2015, 12:28:51 AM

I don't play on martinage system a lot, but once i had 8 losses in a row on 50% chance, and had no more funds to continue because my starting bet was pretty high.
If you are playing it tho, try rolling with 0 BTC (if it's allowed, if not, just put 1 sat), and wait for the loosing streak before you actually make a real bet.
In the end, you may loose again of course, but statistically your chances to win should be bigger. Naturally, play long enough, and the loosing streak is bound to happen sooner or later, so it's best not to be too greedy.

I thought no one would fall for the Monte Carlo fallacy anymore Sad

https://en.wikipedia.org/wiki/Gambler%27s_fallacy

True and at a dice site the chance of the next roll being in a range is not reduced by the roll beofre, to say it in clear words, the previous roll doesn't affect the roll after thats how you get so many loss streak.

No, there is no true reduction or influence in a roll by previous rolls made, but to some statistic we all believe in, the chance of failiure should be smaller - by my logic atleast.
Dont you think so ?

cheers

yoloer808

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Web dev for hire

Quote from: Gultahin on June 13, 2015, 11:35:34 AM

yeah.. i just won on secondstrade.com its not my biggest but it is significant one.
i was sure of winning as when btc was going down i was sure it will rise in next few seconds.. Cool

shameless plug..

Gultahin

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yeah.. i just won on secondstrade.com its not my biggest but it is significant one.
i was sure of winning as when btc was going down i was sure it will rise in next few seconds.. Cool

Wendigo

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It's not related to martingale betting specifically but I managed to win like 12 bets in a row running .05 into more than 1 btc in 1 week. I don't know what the probability to win 12 bets in a row is though Cool

By the way all the odds were below 2 so apparently I should have had -EV I think.

yoloer808

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eh, got 12 <50 in dice when i was betting hi, but i could have handled 15 so not a big problem Grin

siwakotisaurav

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Quote from: White sugar on June 13, 2015, 02:43:34 AM

Quote from: ajareselde on June 13, 2015, 12:28:51 AM

I don't play on martinage system a lot, but once i had 8 losses in a row on 50% chance, and had no more funds to continue because my starting bet was pretty high.
If you are playing it tho, try rolling with 0 BTC (if it's allowed, if not, just put 1 sat), and wait for the loosing streak before you actually make a real bet.
In the end, you may loose again of course, but statistically your chances to win should be bigger. Naturally, play long enough, and the loosing streak is bound to happen sooner or later, so it's best not to be too greedy.

I thought no one would fall for the Monte Carlo fallacy anymore Sad

https://en.wikipedia.org/wiki/Gambler%27s_fallacy

True and at a dice site the chance of the next roll being in a range is not reduced by the roll beofre, to say it in clear words, the previous roll doesn't affect the roll after thats how you get so many loss streak.

tsoPANos

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In math we trust.

I was only three losses in a row.
My little bankroll was barelly able to afford this.
After one win, I got a 4 streak and bang, I lost my btc.

pooya87

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i have lost every streak that i have had as long as i remember Cheesy

but i think i won after 10 lose in a row and then won but at the end of it all i always had a big losing streak that exceeded my balance and left me with 0 satoshi and back to the faucet Cheesy

White sugar

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Quote from: ajareselde on June 13, 2015, 12:28:51 AM

I don't play on martinage system a lot, but once i had 8 losses in a row on 50% chance, and had no more funds to continue because my starting bet was pretty high.
If you are playing it tho, try rolling with 0 BTC (if it's allowed, if not, just put 1 sat), and wait for the loosing streak before you actually make a real bet.
In the end, you may loose again of course, but statistically your chances to win should be bigger. Naturally, play long enough, and the loosing streak is bound to happen sooner or later, so it's best not to be too greedy.

I thought no one would fall for the Monte Carlo fallacy anymore Sad

https://en.wikipedia.org/wiki/Gambler%27s_fallacy

WhatTheGox

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Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

I won 50 times in a row but that was martingaling with a win % chance of 98% Grin

so you would expect runs like this to happen.

With 50/50 odds i've never gone more than 8/9 wins in a row but lost with 16 before.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

I don't play on martinage system a lot, but once i had 8 losses in a row on 50% chance, and had no more funds to continue because my starting bet was pretty high.
If you are playing it tho, try rolling with 0 BTC (if it's allowed, if not, just put 1 sat), and wait for the loosing streak before you actually make a real bet.
In the end, you may loose again of course, but statistically your chances to win should be bigger. Naturally, play long enough, and the loosing streak is bound to happen sooner or later, so it's best not to be too greedy.

JamesCB

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Quote from: trinaldao on June 12, 2015, 11:21:17 PM

Quote from: siwakotisaurav on June 12, 2015, 11:08:19 PM

Quote from: trinaldao on June 12, 2015, 09:32:17 PM

Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

Do 20x martingle and i win 0.05BTC
Do martingle again and i get 25 Redline lose 0.3BTC Cry

Lol happened to me once as well , I won 200x at 5k(first try at faucet) and I won. Lol, then a 2.5x completely devastated me.

I think we must stop gambling if we get profit, but that is vry hard, if we get small pofit we will do it again and we dead Cheesy

Hard to stop gambling because of greed

Gultahin

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my lucky charm was 9, i never got 21 in my life but have achieved some good at the number 9.

thank you.

White sugar

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Quote from: trinaldao on June 12, 2015, 11:42:11 PM

Quote from: White sugar on June 12, 2015, 11:41:11 PM

10 losses... in the 11th I won.

But was only faucet money, so nothing to worry or to be happy about

where you do it ? freebit.co.in ?

Primedice I think, some time ago

trinaldao

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Post your ann & bounty just contact me

Quote from: White sugar on June 12, 2015, 11:41:11 PM

10 losses... in the 11th I won.

But was only faucet money, so nothing to worry or to be happy about

where you do it ? freebit.co.in ?

White sugar

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10 losses... in the 11th I won.

But was only faucet money, so nothing to worry or to be happy about

trinaldao

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Post your ann & bounty just contact me

Quote from: siwakotisaurav on June 12, 2015, 11:08:19 PM

Quote from: trinaldao on June 12, 2015, 09:32:17 PM

Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

Do 20x martingle and i win 0.05BTC
Do martingle again and i get 25 Redline lose 0.3BTC Cry

Lol happened to me once as well , I won 200x at 5k(first try at faucet) and I won. Lol, then a 2.5x completely devastated me.

I think we must stop gambling if we get profit, but that is vry hard, if we get small pofit we will do it again and we dead Cheesy

siwakotisaurav

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Quote from: trinaldao on June 12, 2015, 09:32:17 PM

Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

Do 20x martingle and i win 0.05BTC
Do martingle again and i get 25 Redline lose 0.3BTC Cry

Lol happened to me once as well , I won 200x at 5k(first try at faucet) and I won. Lol, then a 2.5x completely devastated me.

jaberwock

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I hardly get big winning streaks.

Sometimes I get luck, like winning 15 of 20 at 50%, but never more than 3, 4 or 5 wins in a roll.

trinaldao

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Post your ann & bounty just contact me

Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

Do 20x martingle and i win 0.05BTC
Do martingle again and i get 25 Redline lose 0.3BTC Cry

BigMac

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When I was playing on diggit with 13 mines, I got 12 losses in a row and in the end a win.
I have since then stopped playing with martingale as it is not as safe as I thought.

brendasmith982

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Quote from: titibach on June 12, 2015, 09:25:18 PM

Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

7 or 8 in a row when betting on football, at Euro Cup (Greece Winner) and im forget what year..
Im start betting at $10 and before i win, i already lose around $3k using 2x multiplier before i win $3,2k at last

for betting game, my biggest losing streak 22 times in a row, but im lucky enough, i bet using free give away..

Do 2x martingale works on sports?

titibach

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Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

7 or 8 in a row when betting on football, at Euro Cup (Greece Winner) and im forget what year..
Im start betting at $10 and before i win, i already lose around $3k using 2x multiplier before i win $3,2k at last

for betting game, my biggest losing streak 22 times in a row, but im lucky enough, i bet using free give away..

grendel25

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Quote from: Hura on June 10, 2015, 11:26:02 AM

Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

If you're looking for a math answer... use this formula to find the odds:

p = 1 - 0.505 ^ x and q = 1 - p

where:

"p" = is the odds that you win at least 1 time in "x" rolls

"1" = 100%

"x" = number of rolls

"0.505" = is the odds that you lose each roll (you can change with your lose chance)

"q" = is the odds that you bust after "x" rolls (you never won in "x" rolls)

So, if you're playing at dice, like i think is

, at 49.5% winning chance (and 50.5% you're losing)...
which is your odds to bust after 20 rolls?

p = 1 - 0.505 ^ 20 = 0.9999988363361 = 99.99988 % (you win at least 1 time in 20 rolls)

q = 1 - p = 0.0000011636639 = 0.000116 % (you never won in 20 rolls... you BUST)

it means that it happens one times every 1 / q = 859,354.662

Grin

Good luck

Hura, my new friend, that is by far one of the best posts I've ever read in this forum. You took math and explained it in such a way that just about anyone could understand it and more importantly even take notes and apply it. Very well said, Hura. I am taking note of your explanation and will use this to better understand probabilities. Thank you.

Edit: And to speak to the OP but also tie in Hura's comment: I am currently observing two losing streaks of 22 out of about 214,000 rolls. So it may be mathematically correct that you should not expect to see such large loss streaks but the reality is that it can happen much sooner than once in 859K+ rolls. In my recent experience I've seen bigger losing streaks in one-quarter the amount of predicted rolls.

anderson00673

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I actually used this system on a game called Kingdom of Loathing to bet against other players. Once it crapped out on me because I didn't have enough meat to back it up (meat is the in game currency). But the next time I tried it I went through about 5 mils meat to win. And the profit was so small that I decided that it was a waste of time lol.

XinXan

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I was once betting martingale-ish style at 5% and i kept loosing and loosing, increasing my bet size every 10 bets until i was about to lose everything, it was the last bet, everything or nothing and boom, won bet, that was quite an experience.

jeannemadrigal2

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I never tried martingale because I have bad luck with that. I hear that sooner or later that you will lose. I have lost 5 bets in a row before on dice, 50%, so already that is getting pretty big for making a new bet.

siwakotisaurav

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Quote from: ajaxmoor on June 10, 2015, 01:53:49 PM

The biggest I have ever risked has been around 2.5 BTC on a martingale. And the strange thing is that the end bet I won wasn't a part of it. I was martingaling from 0.005 and was only part of a 1 or 2 bet series I did. I lost a total of 2.5 BTC and my next bet was supposed to be around 2.9 BTC, and I had only 0.4 in my account left after the last bet which was around 1.3. Luckily, just super luckily, I was frustated and went ahead to bet at 10x with the last 0.4 and hit over 90 instantly giving me 4 BTC. That was just an amazing streak I had had.

Awesome,martingale sometimes sucks though. I once lost 0.1btc martingaling 0.0001btc.

ajaxmoor

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The biggest I have ever risked has been around 2.5 BTC on a martingale. And the strange thing is that the end bet I won wasn't a part of it. I was martingaling from 0.005 and was only part of a 1 or 2 bet series I did. I lost a total of 2.5 BTC and my next bet was supposed to be around 2.9 BTC, and I had only 0.4 in my account left after the last bet which was around 1.3. Luckily, just super luckily, I was frustated and went ahead to bet at 10x with the last 0.4 and hit over 90 instantly giving me 4 BTC. That was just an amazing streak I had had.

PryptoMontreal

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Biggest I have won is playing at 1.4x (70%) and won ~15 bets in a row

edmundduke

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Biggest streak that i won would be:
x1.5 multiplier and i won 19 in a row i think

and for loosing streaks with a win was
x2 multiplier and it was 16-17 in a row i think

romano1

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have fun

Quote from: boopy265420 on June 10, 2015, 12:16:28 PM

Once this happened to me too while I was playing I faced 15 loosing streak in a row and luckily the 16th streak brought not only my loosing amount but also some profit too.There is not any certain figure you can predict about expected loosing streaks but usually this is the range 9-16 loosing what most of the players face.

yeah and this is common if you play at 50% winning chance or less, while if you play over 66% win chance, its tough to loose 15+ bets in a row.

boopy265420

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Once this happened to me too while I was playing I faced 15 loosing streak in a row and luckily the 16th streak brought not only my loosing amount but also some profit too.There is not any certain figure you can predict about expected loosing streaks but usually this is the range 9-16 loosing what most of the players face.

cryptworld

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I don't usually play martingale I only remember 4 in a row losing,not many losses

romano1

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have fun

Quote from: Bananana on June 10, 2015, 11:49:25 AM

Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

My biggest losing streak is 16 on primedice and won it back on the 17th bet. But after that I lost all my money on 20 losing streak Sad

.

I thought I was the only one loosing more than enough on PrimeDice but I am satisfied that there are many more. I now play at DaDice.

Bananana

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Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

My biggest losing streak is 16 on primedice and won it back on the 17th bet. But after that I lost all my money on 20 losing streak Sad

.

romano1

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have fun

Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

While I was playing at DaDice I had a streak of 7 losses then finally won ( at 50% odds ) , while I had even 10 + loosing streaks on other sites, Now I am playing at 90% chance and only had 2 losses in a row maximum till now.

Quote from: Rmcdermott927 on June 10, 2015, 11:14:33 AM

I lost something ridiculous like 13 times in a row on dice. I was forunate to not have risked that much total. I would have been really unhappy if it was a lot more money. After that, I usually only bet a couple of satoshis initially when doing martingdale.

13 is really unlucky man Sad

, I am happy I never faced such Wink

Wolframite

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Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

The maximum I have lost is 12 times in a rot but in the end I betted a huge amount and won but now I play with caution

Hura

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Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

If you're looking for a math answer... use this formula to find the odds:

p = 1 - 0.505 ^ x and q = 1 - p

where:

"p" = is the odds that you win at least 1 time in "x" rolls

"1" = 100%

"x" = number of rolls

"0.505" = is the odds that you lose each roll (you can change with your lose chance)

"q" = is the odds that you bust after "x" rolls (you never won in "x" rolls)

So, if you're playing at dice, like i think is

, at 49.5% winning chance (and 50.5% you're losing)...
which is your odds to bust after 20 rolls?

p = 1 - 0.505 ^ 20 = 0.9999988363361 = 99.99988 % (you win at least 1 time in 20 rolls)

q = 1 - p = 0.0000011636639 = 0.000116 % (you never won in 20 rolls... you BUST)

it means that it happens one times every 1 / q = 859,354.662

Grin

Good luck

newcripto

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At start I was thinking maximum 10 negative can come and that worked too for me for a while.Later I saw I got even 12 negative and after that I won the bet.Since then I am sure in gambling nothing is 100% everything works till it breaks at some point.Now I am not in this thinking anymore I just place according to the game as few one side and few bets on other side.

xFrostee

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Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

Max i got is 14 and luckily i won on the very next roll but sometimes i cant cover the red streak with my bankroll

Rmcdermott927

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Quote from: siwakotisaurav on June 10, 2015, 10:44:45 AM

The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

I lost something ridiculous like 13 times in a row on dice. I was forunate to not have risked that much total. I would have been really unhappy if it was a lot more money. After that, I usually only bet a couple of satoshis initially when doing martingdale.

siwakotisaurav

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The title pretty much explains it,
What is your biggest losing streak at martingale which you won in the end?

Topic: Biggest streak that you won in the end (Read 4150 times)