Dice gambling method #1 - Use wisely. - page 2.

pereira4

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Quote from: BigMac on January 17, 2016, 09:41:43 AM

I wonder how many years it will take for martingale to become less popular.

Perphaps if more people would invest their time to play with dice simulators for a while, to see how martinagle really performs, and how "hard" it is hit a streak of 10+ losses.

According to the wikipedia page, martingale originated from and were popular in 18th century. I am sure many gamblers have seen for themselves how martingale is bad in the past 300 years, but it remains popular and still is considered to be a good thing by many. Considering that, I don't think martingale players will change their mind with simulators.

A lot of people that think martingale is legit are just casual gambles or newbies that have seen it in some movie, and they think they can suddenly become George Clooney in Oceans 11 and start racking up mad gains on the casino, but if things were that easy we would be all rich already, and that's not how it works.

GannickusX

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Quote from: michinzx on January 17, 2016, 05:49:03 AM

Quote from: Astargath on January 16, 2016, 01:28:23 PM

There are ''real methods'' that work better than others and can even increase your odds but just a little, Dooglus used an example:

''For an example of a better strategy, try:

bet 0.5 at 33%
if you win, you get 99/33 = 3x, so you get 1.5 back, a profit of 1 - you've doubled your money

if you lose, bet the other 0.5 at 24.75%
if you win, you get 99/24.75 = 4x, so you get 2 back - you've doubled your money

the only way it goes wrong is if you lose both the 33% and the 24.75% - the chance of that is (1-0.33) * (1-0.2475) = 0.504175
so the chance of success is 1 - 0.504175 = 0.495825 = 49.5825% - a fraction higher than 49.5''

As you can see, you are literally increasing your odds to 49.58 instead of 49.5 but of course that's still not enough to win long term but definitely better long term than this strategy.

youre not really increasing your odds of winning, youre just decreasing the chances of you losing by reducing the effect the house edge can have on you. its a small difference, but theres a distinction. however, there are no "best" gambling methods, youre bound to eventually lose to how the games are designed to benefit the casinos.

If one strategy is giving you better odds to win, which is what that strategy does, you are actually increasing your odds, I don't know what you are talking about, dooglus himself posted that of course there are better strategies than others if some of them give you better odds.

Betwrong

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Quote from: SyGambler on January 17, 2016, 08:23:28 AM

well I won't discuss martinagle cause we have discussed it a lot , but I find betting 1% of your bankroll on 20% chance to win is insane
1% base bet is huge when you want to bet on such odds , honestly I would prefer normal martinagle on this one
in this method you need to be extremly lucky to achieve nice profit , the odds won't make you survive 2 mins with this strategy

I agree. Even when betting on 50% chance to win your base bet should be 0.1% of your balance as I said before. And even although you have good chances to win you still might lose everything. For the strategy you mentioned even 2 minutes of playing is a big success IMO.

bering

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i considering playing dice is pure of luck and your method still have very high risk and i have been do martingale but never working for me and in the end i was still lost my money with very fast with this method

pooya87

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Quote from: Robertt on January 16, 2016, 09:29:45 AM

~~
This will either bring you a lot of profit or bad profit. Depends on your luck.
~~

sorry to be so harsh but with this sentence you are throwing all other things that you said in garbage.

in other words you are saying this method that i am introducing is based on dumb luck and 100% random.
i am all in for trying new methods and improving my odds (luck) but what is the difference?! or better said why should i even try this method?

bitcircle

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Quote from: BigMac on January 17, 2016, 09:41:43 AM

Quote from: ?? on ??

I wonder how many years it will take for martingale to become less popular.

Perphaps if more people would invest their time to play with dice simulators for a while, to see how martinagle really performs, and how "hard" it is hit a streak of 10+ losses.

According to the wikipedia page, martingale originated from and were popular in 18th century. I am sure many gamblers have seen for themselves how martingale is bad in the past 300 years, but it remains popular and still is considered to be a good thing by many. Considering that, I don't think martingale players will change their mind with simulators.

So strange but it is true martingale is worst strategy ever, if get started with 1 satoshi always without of money at the end.

maku

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Quote from: ?? on ??

I wonder how many years it will take for martingale to become less popular.

Perphaps if more people would invest their time to play with dice simulators for a while, to see how martinagle really performs, and how "hard" it is hit a streak of 10+ losses.

Probably never. You can easily draw that conclusion after observing any gambling forum, bitcointalk gambler's section as well.
We have players coming here every week and claiming that they 'found' the best gambling strategy for Dice - martingale.

Havelivi

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Still wonder why still people thinking using martingale in dice can help to make some profit there and it proven by so many people it only lead to get busted even initial deposited amount with all profit when we caught by losing streak, i am down more than 3 btc on a dice site by just recovering some satoshi Cheesy

BigMac

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Quote from: ?? on ??

I wonder how many years it will take for martingale to become less popular.

Perphaps if more people would invest their time to play with dice simulators for a while, to see how martinagle really performs, and how "hard" it is hit a streak of 10+ losses.

According to the wikipedia page, martingale originated from and were popular in 18th century. I am sure many gamblers have seen for themselves how martingale is bad in the past 300 years, but it remains popular and still is considered to be a good thing by many. Considering that, I don't think martingale players will change their mind with simulators.

MasoVa

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nice strategy i guess but sometimes its doesnt work
better bet bigger and take profit with high chances win
but not bad to try all depends of our luck

Boelens

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This is just martingale with low amounts. It's nice in theory but never works out in the long run, not a single strategy does. Every online site will have a house edge, so you can keep doing this but you're not going to make a profit off of it unless you're still very lucky. Better off just betting for fun honestly and just relying on pure luck because these 'strategies' won't get you anywhere and are usually just frustrating.

SyGambler

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guess who's back

well I won't discuss martinagle cause we have discussed it a lot , but I find betting 1% of your bankroll on 20% chance to win is insane
1% base bet is huge when you want to bet on such odds , honestly I would prefer normal martinagle on this one
in this method you need to be extremly lucky to achieve nice profit , the odds won't make you survive 2 mins with this strategy

Epicnicity

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I have yet to find a decent strategy for dice, none of them worked so far. I might try this out when I got some spare bitcoins left.
It's hard to find a dice strategy because I always end up losing somehow.

Daijess

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I have a better one for you here that i used on just dice last time .

Started with 0.5 BTC and end up 12 BTC .

Bet on 3x and double when lose , bet what you can afford by your bankroll .

Surely you need luck but since you are gambling make sure you gambled .

Betwrong

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Quote from: matete on January 16, 2016, 04:07:43 PM

Personally, I don't believe in any single strategy to win in dice gambling. Gambling is gambling and martingale is martingale. The Casino wants to get your money, and the best way to get your money is to make you believe that you are winning but in the long run, they are the ones who walk to the bank laughing.

Well, I think that martingale can be profitable. I mean the probability of it to be profitable is pretty high if you are following the rules:

1. Your basic bet amount should be less than 0.1% of your balance.

2. You must undestand that you can't play forever like this. The more you play the more probability of losing everything.

So if you are trying to win 100k sats risking 1 BTC you will win most likely, but if you are trying to say double your balance with martinglae you'll most likely lose.

michinzx

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Quote from: Astargath on January 16, 2016, 01:28:23 PM

There are ''real methods'' that work better than others and can even increase your odds but just a little, Dooglus used an example:

''For an example of a better strategy, try:

bet 0.5 at 33%
if you win, you get 99/33 = 3x, so you get 1.5 back, a profit of 1 - you've doubled your money

if you lose, bet the other 0.5 at 24.75%
if you win, you get 99/24.75 = 4x, so you get 2 back - you've doubled your money

the only way it goes wrong is if you lose both the 33% and the 24.75% - the chance of that is (1-0.33) * (1-0.2475) = 0.504175
so the chance of success is 1 - 0.504175 = 0.495825 = 49.5825% - a fraction higher than 49.5''

As you can see, you are literally increasing your odds to 49.58 instead of 49.5 but of course that's still not enough to win long term but definitely better long term than this strategy.

youre not really increasing your odds of winning, youre just decreasing the chances of you losing by reducing the effect the house edge can have on you. its a small difference, but theres a distinction. however, there are no "best" gambling methods, youre bound to eventually lose to how the games are designed to benefit the casinos.

mrcashking

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No body in the history of gambling has profited from martingale when they are plying against the house.This strategy can get you profit's if you are lucky but you have a hundred percent chance to lose eventually.They have an edge and that's what you are ignoring or not focusing at.

BitcoinHunt3r

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martingale will work if you have unlimited balance or if can cover when losing , get 5-10% profit maybe still working
at least it work for me i never took much profit because gambling is gambling.

Chemistry1988

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Quote from: yahoo62278 on January 16, 2016, 04:23:17 PM

10-50 reds in a row on 2x is what I've seen personally.

The longest streak I have read so far is only 32 that posted by dooglus. Are you sure that you have seen 50 reds in a row on 2x? Where did that happen?

poplolnman

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Nice try , I just believe this method wouldn't work at all (no offense)
Play dice randomly are the only working strategy so far for me, I just click randomly and see the outcome later.

Topic: Dice gambling method #1 - Use wisely. - page 2. (Read 2683 times)