Does martingale really works? - page 53.

XinXan

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Quote from: CryptoDigitals on April 05, 2015, 12:06:20 PM

An interesting, safer, yet slower strategy is to play:

- 2X Payout

- Double your Wager on WIN - Up to 3 Times (Ex. 0.01; 0.02; 0.04)

- After 3rd Win Reset to Base (0.01 in above example)

- Reset to base after any loss.

Try it. Wink

CD

Some math for that strategy with a 0% house edge:

Loosing 3 times in a row is 12.5% chance ( 1 every 8 bets)
in 100 bets you would have at least 11 of 3 loosing streaks every 3 losing streak you are loosing (0.01 + 0.02 + 0.04 = 0.07) so 11 x 0.07 = 0.77 even if you won all the other 64 remaining bets yu would only win 0.64 so you would still lose money

Edit: nvm just realized you talked about after each win, not loss xd

Grand_Voyageur

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https://dadice.com | Click my signature to join!

In my experience upper & bottom limits only hamper martingale workings. Better going with a bare martingale run.
However, You should not expect gaining huge amounts of money from them in long time.

Just my 2 satoshi, however.
Wink

jorjito25

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Activity: 490

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Quote from: CryptoDigitals on April 05, 2015, 12:06:20 PM

An interesting, safer, yet slower strategy is to play:

- 2X Payout

- Double your Wager on WIN - Up to 3 Times (Ex. 0.01; 0.02; 0.04)

- After 3rd Win Reset to Base (0.01 in above example)

- Reset to base after any loss.

Try it. Wink

CD

Dosent exist strategy to win since there is a minimum and maximum limit bet.
Martingale will work without those limits!

CryptoDigitals

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Activity: 101

Merit: 10

R.I.P CRYPTODIGITALS PASSED AWAY

An interesting, safer, yet slower strategy is to play:

- 2X Payout

- Double your Wager on WIN - Up to 3 Times (Ex. 0.01; 0.02; 0.04)

- After 3rd Win Reset to Base (0.01 in above example)

- Reset to base after any loss.

Try it. Wink

CD

Monopoly

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Activity: 546

Merit: 500

Quote from: Astargath on April 05, 2015, 05:41:49 AM

Quote from: Monopoly on April 05, 2015, 03:53:42 AM

Quote from: Astargath on April 05, 2015, 01:52:22 AM

Quote from: shulio on April 05, 2015, 01:30:11 AM

Quote from: Monopoly on April 04, 2015, 01:19:32 PM

Quote from: Astargath on April 04, 2015, 08:27:26 AM

Quote from: Monopoly on April 04, 2015, 03:45:37 AM

I use Dicebot these settings are very good but the bot reset back to base bet after first win , if it doesn't , this strategy is really good for multiple x10 your invest and play long term .

Note : These numbers must be optimized and i can't write lua script for these settings and optimized them . if someone could please do it .

Im having a really hard time understand your settings there, so everytime you lose you increase your bet x2 but if you lose 2 times then you increase it by x2.36 and if you win you also increase your bet for 2.1? So you are increasing your bet everytime?

No
Every-time you lose you increase your bet x1.0 but if you lose 2 times then you increase it by x1.36 and if you win you also increase your first bet for 1.1 and if you win 2 times then you increase it by x0.968 and after 9 win in a row you rest back to base bet !

I really believe , this strategy pull down all dice casinos !

You cant really advertise this as a sure win casino because you should know that there are none bullet proof strategy that work for a long time in a dice sites, because sooner or later, the house will bust your bankroll if you play long enough

It has been proven that "strategies" and "betting methods" end up being the same, if you bet with a high % chance your payout is lower and you have to bet more and the more you bet the more you approach to bust, with a low % chance the payout is big but the chances low so it doesnt really matter what % you choose because the casinos adjusted them to be at the house edge. The only strategies that exist are to make your bets faster instead of waiting millions of bet to get a profit or lose

With this strategy , first you make x100 profit and then busted ! this is difference between my strategy and others .

X100?? How did you even calculated that and what does guarantee that you would make x100 before busting? You could just bust in your first 20 bets, as i said your strategy is not any better than any of the other strategies, im sorry.

You couldn't understand the system . this strategy wouldn't bust in 200 bets and even 2000 bets if you optimized numbers !! how you calculate ?
Someone told me , run his script and get profit x2 in 2 hours . he promise me will send the snapshot

fast2fix

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Quote from: Sammal on April 05, 2015, 04:00:16 AM

I think at the start it does, then u lose all Shocked

yeah you're right at starting one would will win and in the end the house will win, the longer you play the more you lose.

leen93

sr. member

Activity: 616

Merit: 250

The Martingale system may sound too good to be true to newcomers but it is no path to easy money and those using the system are exposed to unlikely but high value risks for little reward. The system manipulates statistics so the player has a high chance of winning a lot of small amounts in exchange for a low risk of losing a lot. The problem is that if the system is used by a player for long enough it is inevitable that the player will eventually hit a losing streak, making a huge loss that will wipe out all of the cumulative small wins they made over a long period of time. According to the law of statistics there is approximately a 0.1% chance of losing a 50/50 bet more than nine times in a row but if a player uses the system for 1,000 bets then they are likely to see this outcome once and that could spell huge losses. The other thing is that most table games like roulette have minimum and maximum bets, which do not work well with the Martingale system as players are likely to hit the maximum table bet at some point.

Astargath

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