Does martingale really works? - page 54.

Astargath

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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?

Monopoly

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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 .

GannickusX

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Quote from: dhimasnk on April 04, 2015, 03:16:07 AM

Martiangle is a very good strategy, you can earn a lot of money from this strategy, but be careful not to use this strategy too much if you do not want to lose all the money, because many bookies are committing fraud.

What the fuck? Is this just a post to increase your sig camp post count or what, after 50 pages this thread has you thought it was a good idea to come here and say that martingale is a good strategy and then something random as bookies are commiting fraud??? Wtf dude

dhimasnk

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Martiangle is a very good strategy, you can earn a lot of money from this strategy, but be careful not to use this strategy too much if you do not want to lose all the money, because many bookies are committing fraud.

GannickusX

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Quote from: dznuts85 on April 04, 2015, 02:51:31 AM

Quote from: GannickusX on April 04, 2015, 02:38:16 AM

Quote from: Bitcoin Buyer Reload on April 04, 2015, 12:49:11 AM

that theory is bogus. you eventually reach a point where you cannot double and you realise you have lost way more than you should have played.

dont gamble what you cannot afford to lose

Oh god i hate that phrase: " dont gamble what you cant afford to lose" if people did that no one would be crying but the reality is that 90% of people who play dice is because they think/want to become rich or at least win money because lets face it playing dice is not fun, not for me at least, when you play poker or blackjack ye its fun, its fun even when you play with demo money but dice? The fun of dice is winning and when you lose yoh dont have fun.

yeah you are right, the only thing why people play dice is for profit and not for fun, unlike in casinos, sportsbook, BJ's and more, you can enjoy the time playing and it is fun because you are using skills and you are thinking.

Yep even if sportsbook may not be fun you still can make money with it aswell as poker, of course it is hard and obviously not everyone will be able to but if you want to get rich with gambling at least choose the right games.

dznuts85

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Quote from: GannickusX on April 04, 2015, 02:38:16 AM

Quote from: Bitcoin Buyer Reload on April 04, 2015, 12:49:11 AM

that theory is bogus. you eventually reach a point where you cannot double and you realise you have lost way more than you should have played.

dont gamble what you cannot afford to lose

Oh god i hate that phrase: " dont gamble what you cant afford to lose" if people did that no one would be crying but the reality is that 90% of people who play dice is because they think/want to become rich or at least win money because lets face it playing dice is not fun, not for me at least, when you play poker or blackjack ye its fun, its fun even when you play with demo money but dice? The fun of dice is winning and when you lose yoh dont have fun.

yeah you are right, the only thing why people play dice is for profit and not for fun, unlike in casinos, sportsbook, BJ's and more, you can enjoy the time playing and it is fun because you are using skills and you are thinking.

GannickusX

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Quote from: Bitcoin Buyer Reload on April 04, 2015, 12:49:11 AM

that theory is bogus. you eventually reach a point where you cannot double and you realise you have lost way more than you should have played.

dont gamble what you cannot afford to lose

Oh god i hate that phrase: " dont gamble what you cant afford to lose" if people did that no one would be crying but the reality is that 90% of people who play dice is because they think/want to become rich or at least win money because lets face it playing dice is not fun, not for me at least, when you play poker or blackjack ye its fun, its fun even when you play with demo money but dice? The fun of dice is winning and when you lose yoh dont have fun.

Bitcoin Buyer Reload

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that theory is bogus. you eventually reach a point where you cannot double and you realise you have lost way more than you should have played.

dont gamble what you cannot afford to lose

shulio

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Quote from: freeyourmind on April 04, 2015, 12:07:07 AM

Quote from: dooglus on April 03, 2015, 09:21:00 PM

Quote from: freeyourmind on April 03, 2015, 02:36:09 PM

It's always good to have a discussion for the sake of the discussion itself, and not to have an interest in convincing or manipulating others as an end. It turns into a much better discussion and opportunity to learn that way.

Well, it would be in my best financial interest to convince everyone that Martingale is a winning strategy when it actually isn't. But I'd rather tell people the truth than lie just to win more coins from them.

Yeah your honesty is evident in your posts. You respect yourself and your morals and others that can tell, will respect you as well.

Do you run the site as a hobby or as a job? If this is too personal for a public forum, then don't worry about answering.

Why would dooglus run JD as part of hobby? someone who run a gambling sites do it for one purposes, that is to get money, if it is not for money purposes , I dont see any other purposes for someone to run a gambling sites as it will be hard to maintain it

freeyourmind

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Quote from: dooglus on April 03, 2015, 09:21:00 PM

Quote from: freeyourmind on April 03, 2015, 02:36:09 PM

It's always good to have a discussion for the sake of the discussion itself, and not to have an interest in convincing or manipulating others as an end. It turns into a much better discussion and opportunity to learn that way.

Well, it would be in my best financial interest to convince everyone that Martingale is a winning strategy when it actually isn't. But I'd rather tell people the truth than lie just to win more coins from them.

Yeah your honesty is evident in your posts. You respect yourself and your morals and others that can tell, will respect you as well.

Do you run the site as a hobby or as a job? If this is too personal for a public forum, then don't worry about answering.

dznuts85

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Quote from: adaseb on April 03, 2015, 10:18:17 PM

It seems like a good idea but with this method it will make you lose faster. And since you made the withdraw you won't be able to bet again.

Most likely what we would all do is just re-deposit the money and just lose it all over again and deposit some more. Not full proof but I guess with the right amount of disapline it might work.

yeah it might work, but only for a small period of time, ive been there experiencing the martinfail method i only profit in few rolls but there will always come a time that the red streak will beat you

adaseb

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It seems like a good idea but with this method it will make you lose faster. And since you made the withdraw you won't be able to bet again.

Most likely what we would all do is just re-deposit the money and just lose it all over again and deposit some more. Not full proof but I guess with the right amount of disapline it might work.

dooglus

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Quote from: GannickusX on April 03, 2015, 01:16:31 PM

Its funny that you being an owner of a dice casino is giving advices on not to play on dice casinos and explaining how all the strategies fail xd

I would rather people understand the risks before they play. I don't want to win coins from someone who thinks he has an unbeatable system. I only want people to play once they know the deal, know that their expectation is negative, but that they have a fair chance of winning.

Being honest with players doesn't seem to stop them wanting to play. It always feels kind of icky when you see casinos promoting themselves as an easy way to make money for players, because let's face it that really isn't true. Sure you can make money, but that's not the expected outcome.

This kind of stuff always makes me cringe - but I guess that's just what marketing is like:

Quote from: Bitdicesupport on March 30, 2015, 03:34:48 PM

Yes it can be addictive but it can be a lot of fun also. And having the chance to win some coins while having fun, what more could one ask for!

Quote from: Bitdicesupport on March 31, 2015, 03:24:37 AM

Come have a look and try win some coins also!

Quote from: Bitdicesupport on March 31, 2015, 08:52:50 AM

Martingale seems to be working well for them, want to give it a try and see if you are as lucky as they are ?!

Quote from: Bitdicesupport on April 01, 2015, 06:40:45 AM

Come and have a look at how he is doing and join in on some betting fun!

Quote from: Bitdicesupport on April 02, 2015, 09:01:46 AM

Come join the betting and win some coins!

Quote from: freeyourmind on April 03, 2015, 02:36:09 PM

It's always good to have a discussion for the sake of the discussion itself, and not to have an interest in convincing or manipulating others as an end. It turns into a much better discussion and opportunity to learn that way.

Well, it would be in my best financial interest to convince everyone that Martingale is a winning strategy when it actually isn't. But I'd rather tell people the truth than lie just to win more coins from them.

mbitdice

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Been using this: https://github.com/daCoops/PrimeDiceBot martingale bot with primedice with the 200 satoshi faucet they give.

Starts off with 1 satoshi bet, iv peaked at 10,000 satoshi in the past 3 attempts before losing it all. Well the bot does everything and i have the target set at 50,001 satoshi. when the goal is met, will tip the coin to another account and retry my luck.

checking it every now and then and re applying the faucet. I wonder what my odds are in reaching the goal

.

JoelKatz

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Quote from: Astargath on March 31, 2015, 11:59:16 PM

Well no one is going to gamble once, win something, withdraw and never play again, whay would be the point? And you could use that method using any strategy, not necesseraly martingale

Well, right. Progressive betting systems aren't magic. They just let you choose what your odds of losing are. No more. No less.

I'm just annoyed at people who keep saying these systems don't work when the problem is that they didn't follow the system. The systems work perfectly, you just have to understand what they do and follow them and you will get the promised results. (Assuming the promises don't come from other people who don't understand the systems.)

The vast majority of people who actually follow a modern, progressive betting system will make money. Now, they will make very little and the few who lose will lose a lot. But that's not because the system doesn't work -- that's what it's supposed to do.

freeyourmind

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Quote from: GannickusX on April 03, 2015, 01:16:31 PM

Quote from: dooglus on April 03, 2015, 01:05:40 PM

Quote from: freeyourmind on April 03, 2015, 12:47:04 PM

It's also cool to be able to put your theories to the test. A lot of people dream up some weird shit and the only way for them to know it doesn't work is to try it out and lose.

Casino roulette is slow enough that people often try out Martingale there and conclude that it works.

Bitcoin dice sites let you play fast enough that you learn the truth (that it doesn't work) much more quickly.

I would advise running a simulation of any strategy before putting it to the test with real money (or even dollars Wink

)

Its funny that you being an owner of a dice casino is giving advices on not to play on dice casinos and explaining how all the strategies fail xd

Didn't even know you owned a dice site dooglus.

It's always good to have a discussion for the sake of the discussion itself, and not to have an interest in convincing or manipulating others as an end. It turns into a much better discussion and opportunity to learn that way.

deisik

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Quote from: GannickusX on April 03, 2015, 01:16:31 PM

Quote from: dooglus on April 03, 2015, 01:05:40 PM

Quote from: freeyourmind on April 03, 2015, 12:47:04 PM

It's also cool to be able to put your theories to the test. A lot of people dream up some weird shit and the only way for them to know it doesn't work is to try it out and lose.

Casino roulette is slow enough that people often try out Martingale there and conclude that it works.

Bitcoin dice sites let you play fast enough that you learn the truth (that it doesn't work) much more quickly.

I would advise running a simulation of any strategy before putting it to the test with real money (or even dollars Wink

)

Its funny that you being an owner of a dice casino is giving advices on not to play on dice casinos and explaining how all the strategies fail xd

I guess you don't even suspect how stubborn people can be in their misconceptions and illusions (this thread is a confirmation of that). They are deaf to the voice of reason, even money lost won't make many of them change their mind...

GannickusX

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Quote from: dooglus on April 03, 2015, 01:05:40 PM

Quote from: freeyourmind on April 03, 2015, 12:47:04 PM

It's also cool to be able to put your theories to the test. A lot of people dream up some weird shit and the only way for them to know it doesn't work is to try it out and lose.

Casino roulette is slow enough that people often try out Martingale there and conclude that it works.

Bitcoin dice sites let you play fast enough that you learn the truth (that it doesn't work) much more quickly.

I would advise running a simulation of any strategy before putting it to the test with real money (or even dollars Wink

)

Its funny that you being an owner of a dice casino is giving advices on not to play on dice casinos and explaining how all the strategies fail xd

dooglus

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Quote from: freeyourmind on April 03, 2015, 12:47:04 PM

It's also cool to be able to put your theories to the test. A lot of people dream up some weird shit and the only way for them to know it doesn't work is to try it out and lose.

Casino roulette is slow enough that people often try out Martingale there and conclude that it works.

Bitcoin dice sites let you play fast enough that you learn the truth (that it doesn't work) much more quickly.

I would advise running a simulation of any strategy before putting it to the test with real money (or even dollars Wink

)

freeyourmind

sr. member

Activity: 364

Merit: 252

Quote from: deisik on April 01, 2015, 02:05:28 PM

I can only add that with this level of sophistication, one had better go hunt elsewhere. I mean these strategies require so high an intellectual development and mental discipline that make the effort simply not worth it (if only for scientific ends)...

ROI wise it is likely not worth it, but I think it's an interesting topic to investigate.

I wasn't one to really enjoy school aside from the social aspect, but when I was in high school, I remember having an interest in finite, because part of the course was based on finding probabilities on casino games.

It's also cool to be able to put your theories to the test. A lot of people dream up some weird shit and the only way for them to know it doesn't work is to try it out and lose.

I remember when I was like 18, and going to Montreal where I believe we were at the age where we could go to casino's and gamble, and thinking of doubling my bet every loss (same as martingale, but wasn't even aware that it was a strategy at that time) and thinking I had some breakthrough in gambling lol. I didn't have the money or guts at the time to make large bets, so I didn't go through with it, but thought that I had it figured out for many years. Gambling on these dice sites has quickly brought me back to reality lol.

Topic: Does martingale really works? - page 54. (Read 123303 times)