Nice job, although you got really lucky. Other people may have lost all of their BTC.
EDIT: Deposited $1.50 and lost 9 times in a row.
Topic: Bitcoin Martingale Experiment - 0.5BTC into 1BTC (Read 6203 times)
Martingale is dangerous, if you are not lucky, you will lose everything, dude. The probability is always happening, although 10-20 lost in a row is very tiny possible. 
There are many people had 10 or more lose streak because of poor luck,.
There are many people had 10 or more lose streak because of poor luck,.
The chance of having 10 losses in a row is very low, but if you play with martingale you are going to make at least hundreds of bets, it is not uncommon to have a bad streak.
yeah, very low in theory, but once I saw a thread, it says one guy lost 30 losses in a row in Primedice with 2X ...
It seems impossible, right? But adidas tells us: impossible is NOTHING
Martingale is dangerous, if you are not lucky, you will lose everything, dude. The probability is always happening, although 10-20 lost in a row is very tiny possible.
There are many people had 10 or more lose streak because of poor luck,.
There are many people had 10 or more lose streak because of poor luck,.
The chance of having 10 losses in a row is very low, but if you play with martingale you are going to make at least hundreds of bets, it is not uncommon to have a bad streak.
You did it congrats!!!!
I will be depositing some bitcoins and will try your method
I will be depositing some bitcoins and will try your method
He actually did it 3 months back . DOn't know why the guy bumped the topic now.
I didn't bump it a guy posted before me and h bumped it which made me see this post. Didn't even realize it was 3 months old lol
Martingale is dangerous, if you are not lucky, you will lose everything, dude. The probability is always happening, although 10-20 lost in a row is very tiny possible.
There are many people had 10 or more lose streak because of poor luck,.
There are many people had 10 or more lose streak because of poor luck,.
i think use martingale is bad for play here.. because the bom can be back 4-5 times in same place 
don't all in your bicoin ballance at your account(coin-sweeper)
don't all in your bicoin ballance at your account(coin-sweeper)It maybe bad but it's still pretty fun! I was hooked doing it!
i think use martingale is bad for play here.. because the bom can be back 4-5 times in same place don't all in your bicoin ballance at your account(coin-sweeper)
don't all in your bicoin ballance at your account(coin-sweeper)
You did it congrats!!!!
I will be depositing some bitcoins and will try your method
I will be depositing some bitcoins and will try your method
Great to go here with it i think 
)
) cant you use this, plus a 90% method if you lose the intial balance wager. in theory it may work, not sure if anyone tried it though.
i dont think adding 90% would help. what if you did martingale came up, then lost. Then betted again lose at 90%.
cant you use this, plus a 90% method if you lose the intial balance wager. in theory it may work, not sure if anyone tried it though.
I deposit 0.01BTC and lost it all, lol. 
But it's fun
But it's fun
can this work with .1 btc? if we dont have like .5 to work with?
Divide the bets by 5 in the chart posted in the first post. Realize though, your odds of doubling your investment using martingale are much worse then if you were to make a single, all-in bet.
can this work with .1 btc? if we dont have like .5 to work with?
so if i get from some peoples responses, martingale does work but in short term.
The martingale strategy doesnt always work, I can assure you that as I used to play dice and would cap out sometimes and lose stupid amounts.
Alright I am about to do this experiment again but with Bitwheel.io this time! Check out the thread here - https://bitcointalksearch.org/topic/--896198
GOOD luck for you, it is difficult to double your money from gambling, it depends on your luck. I like trading.
if its a huge risk why do it anyways lol.
i mean to me, i feel like its a slow way of losing your balance. id rather bet one time and hope for a win lol.
i mean to me, i feel like its a slow way of losing your balance. id rather bet one time and hope for a win lol.
so if i get from some peoples responses, martingale does work but in short term.
Not even short term, it's some sort of "safe" betting, where you need to set a goal to yourself when to back out, sometimes you reach your goal, sometimes you end up losing all your investment, but you already calculated that investment, and you know good and well you could afford to lose it.
so if i get from some peoples responses, martingale does work but in short term.
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