Does martingale really works? - page 73.

leex1528

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Quote from: shulio on March 09, 2015, 10:33:42 AM

Quote from: leex1528 on March 09, 2015, 10:26:38 AM

I am not trying to say people will lose no matter what. I am saying the odds are not in your favor, and the more and more you play the more they are not in your favor. Every casino has a house edge, and while you may win 70% of the time at the start, the more and more you play get you closer to that house edge, thus the more and more you play you are more and more likely to lose.

I agree, the odds are not in our favor but i disagree with the bolded part , each roll is a fixed house edge, it never increase or decrease if you play in a fixed odds gambling sites

while in variable house edge like moneypot, the odds will keep on increasing, that is why it is called variable house edge

Quote from: XinXan on March 09, 2015, 10:27:22 AM

If everyone went to a casino, played a little bit made 5$ profit and left and never came back again, casinos would probably start loosing money but no one is gonna do that

everyone already know about this, but the fact is everyone wants more because a profit of $5 isnt really much, they wish to get atleast few hundreds buck, therefore , the more they play, they lose their bankroll abit by a bit

I was referring to Casinos, I don't think they have variable house edge at all(I could be wrong) Every hand of what you play, the closer you will get to their house edge and thus, are more likely to lose, please correct me if I am wrong though

XinXan

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Quote from: ?? on ??

Martingale only works for very short term & if you have luck
You will lose faster if you play at site which have bigger house edge Sad

I better try all-in with 1.1x for 3 times & withdraw

Honestly house edge doesnt even matter that much, you would lose even with 0% house edge using martingale.

michinzx

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it works to a point, then busts as soon as you hit an unlucky streak, which is always possible.

cramved

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If find that martingale works until it doesn't, once you have one bad streak you lose a lot. It is one of the better ways because of the reduced risk that the system provides but it is not perfect so there is still a chance that you will lose.

steven.G999

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Quote from: XinXan on March 09, 2015, 09:37:47 AM

Quote from: steven.G999 on March 09, 2015, 09:29:48 AM

Quote from: XinXan on March 09, 2015, 09:26:00 AM

Quote from: steven.G999 on March 09, 2015, 09:19:40 AM

Quote from: Joca97 on March 09, 2015, 07:01:58 AM

Quote from: steven.G999 on March 09, 2015, 06:59:27 AM

for usually work until profit 30-60%, of the initial capital. but eventually lost all. because I put a target profit up 200%

for martingale you need a really really big balance
but as you said you can only get 30 - 60 % PROFIT
you need to change tactics in order to get more then 100%

yes I usually play with capital 0.01 or more, but usually I use the base bet 10-100 sat, and it was enough to withstand a long strike

but keep ultimately lose, because of the barrage of red too long, yes sometimes I weird for it Cheesy

But it doesnt matter if you use low base bet or high because its equal in winnings, if you use 10 sat base bet you would have to win millions of bets to make profit and after millions of bets your chances of getting a big lose streak increase.

yes so using martingale, in the end will always be lost Sad

you have a good method? for the autobet?

i usually play like this:

bet 1.000 sat base bet.
so for example:
bet (1.000) lost
bet (1.000) lost
bet (2.000) if win go base bet
bet (2.000) lost
bet (4.000) if win bet again until you win twice, if lose
bet (4.000) lost
bet (8.000) and so on, you are safer this way, its the same afterall honestly, but i played on 999dice today and i was able to win some money by playing a little bit, then stopping, then playing again in a few minutes

This method seems pretty good, I will try haha

thanks, my good luck using your method

This works well in PD?

shulio

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Quote from: leex1528 on March 09, 2015, 10:26:38 AM

I am not trying to say people will lose no matter what. I am saying the odds are not in your favor, and the more and more you play the more they are not in your favor. Every casino has a house edge, and while you may win 70% of the time at the start, the more and more you play get you closer to that house edge, thus the more and more you play you are more and more likely to lose.

I agree, the odds are not in our favor but i disagree with the bolded part , each roll is a fixed house edge, it never increase or decrease if you play in a fixed odds gambling sites

while in variable house edge like moneypot, the odds will keep on increasing, that is why it is called variable house edge

Quote from: XinXan on March 09, 2015, 10:27:22 AM

If everyone went to a casino, played a little bit made 5$ profit and left and never came back again, casinos would probably start loosing money but no one is gonna do that

everyone already know about this, but the fact is everyone wants more because a profit of $5 isnt really much, they wish to get atleast few hundreds buck, therefore , the more they play, they lose their bankroll abit by a bit

XinXan

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Activity: 1064

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Quote from: leex1528 on March 09, 2015, 10:26:38 AM

Quote from: shulio on March 09, 2015, 10:13:42 AM

Quote from: leex1528 on March 09, 2015, 10:05:54 AM

Quote from: FanEagle on March 09, 2015, 09:51:39 AM

Wow this question really is still on the top? really?
Martingale is the easiest system to let run a casino go in the long run.

True, But playing any games at a casino is technically the easiest way to lose your money. They don't have billion dollar casinos because everyone is winning. If you play expect to lose, thus only bring what you can afford to lose!

not all lose from casino, you can either lose or win from casino, everyone got a different piece of luckyness, although i agree i never saw a person that bust out a casino or gambling sites, the best i'd seen was hufflepuff banging out PD for 4k BTC, but the site still up and rolling as like nothing happened

I am not trying to say people will lose no matter what. I am saying the odds are not in your favor, and the more and more you play the more they are not in your favor. Every casino has a house edge, and while you may win 70% of the time at the start, the more and more you play get you closer to that house edge, thus the more and more you play you are more and more likely to lose.

If everyone went to a casino, played a little bit made 5$ profit and left and never came back again, casinos would probably start loosing money but no one is gonna do that

leex1528

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Quote from: shulio on March 09, 2015, 10:13:42 AM

Quote from: leex1528 on March 09, 2015, 10:05:54 AM

Quote from: FanEagle on March 09, 2015, 09:51:39 AM

Wow this question really is still on the top? really?
Martingale is the easiest system to let run a casino go in the long run.

True, But playing any games at a casino is technically the easiest way to lose your money. They don't have billion dollar casinos because everyone is winning. If you play expect to lose, thus only bring what you can afford to lose!

not all lose from casino, you can either lose or win from casino, everyone got a different piece of luckyness, although i agree i never saw a person that bust out a casino or gambling sites, the best i'd seen was hufflepuff banging out PD for 4k BTC, but the site still up and rolling as like nothing happened

I am not trying to say people will lose no matter what. I am saying the odds are not in your favor, and the more and more you play the more they are not in your favor. Every casino has a house edge, and while you may win 70% of the time at the start, the more and more you play get you closer to that house edge, thus the more and more you play you are more and more likely to lose.

shulio

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Quote from: leex1528 on March 09, 2015, 10:05:54 AM

Quote from: FanEagle on March 09, 2015, 09:51:39 AM

Wow this question really is still on the top? really?
Martingale is the easiest system to let run a casino go in the long run.

True, But playing any games at a casino is technically the easiest way to lose your money. They don't have billion dollar casinos because everyone is winning. If you play expect to lose, thus only bring what you can afford to lose!

not all lose from casino, you can either lose or win from casino, everyone got a different piece of luckyness, although i agree i never saw a person that bust out a casino or gambling sites, the best i'd seen was hufflepuff banging out PD for 4k BTC, but the site still up and rolling as like nothing happened

leex1528

hero member

Activity: 784

Merit: 1000

Quote from: FanEagle on March 09, 2015, 09:51:39 AM

Wow this question really is still on the top? really?
Martingale is the easiest system to let run a casino go in the long run.

True, But playing any games at a casino is technically the easiest way to lose your money. They don't have billion dollar casinos because everyone is winning. If you play expect to lose, thus only bring what you can afford to lose!

FanEagle

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Leading Crypto Sports Betting & Casino Platform

Wow this question really is still on the top? really?
Martingale is the easiest system to let run a casino go in the long run.

XinXan

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Activity: 1064

Merit: 505

Quote from: steven.G999 on March 09, 2015, 09:29:48 AM

Quote from: XinXan on March 09, 2015, 09:26:00 AM

Quote from: steven.G999 on March 09, 2015, 09:19:40 AM

Quote from: Joca97 on March 09, 2015, 07:01:58 AM

Quote from: steven.G999 on March 09, 2015, 06:59:27 AM

for usually work until profit 30-60%, of the initial capital. but eventually lost all. because I put a target profit up 200%

for martingale you need a really really big balance
but as you said you can only get 30 - 60 % PROFIT
you need to change tactics in order to get more then 100%

yes I usually play with capital 0.01 or more, but usually I use the base bet 10-100 sat, and it was enough to withstand a long strike

but keep ultimately lose, because of the barrage of red too long, yes sometimes I weird for it Cheesy

But it doesnt matter if you use low base bet or high because its equal in winnings, if you use 10 sat base bet you would have to win millions of bets to make profit and after millions of bets your chances of getting a big lose streak increase.

yes so using martingale, in the end will always be lost Sad

you have a good method? for the autobet?

i usually play like this:

bet 1.000 sat base bet.
so for example:
bet (1.000) lost
bet (1.000) lost
bet (2.000) if win go base bet
bet (2.000) lost
bet (4.000) if win bet again until you win twice, if lose
bet (4.000) lost
bet (8.000) and so on, you are safer this way, its the same afterall honestly, but i played on 999dice today and i was able to win some money by playing a little bit, then stopping, then playing again in a few minutes

steven.G999

sr. member

Activity: 266

Merit: 250

Quote from: XinXan on March 09, 2015, 09:26:00 AM

Quote from: steven.G999 on March 09, 2015, 09:19:40 AM

Quote from: Joca97 on March 09, 2015, 07:01:58 AM

Quote from: steven.G999 on March 09, 2015, 06:59:27 AM

for usually work until profit 30-60%, of the initial capital. but eventually lost all. because I put a target profit up 200%

for martingale you need a really really big balance
but as you said you can only get 30 - 60 % PROFIT
you need to change tactics in order to get more then 100%

yes I usually play with capital 0.01 or more, but usually I use the base bet 10-100 sat, and it was enough to withstand a long strike

but keep ultimately lose, because of the barrage of red too long, yes sometimes I weird for it Cheesy

But it doesnt matter if you use low base bet or high because its equal in winnings, if you use 10 sat base bet you would have to win millions of bets to make profit and after millions of bets your chances of getting a big lose streak increase.

yes so using martingale, in the end will always be lost Sad

you have a good method? for the autobet?

fox19891989

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Activity: 840

Merit: 1000

I tried it, it worked sometimes, didn't work sometimes. It depends on your luck and bankroll.

Martingale would only theoretically work if the following conditions are true:

1: the amount of money you have available to bet is infinite
2: the amount of money the house has available to pay you is infinite.

They seem both impossible, if you wanna make a lot, just pray and hope you don't get a lose streak, always getting win streak.. Grin

XinXan

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Quote from: steven.G999 on March 09, 2015, 09:19:40 AM

Quote from: Joca97 on March 09, 2015, 07:01:58 AM

Quote from: steven.G999 on March 09, 2015, 06:59:27 AM

for usually work until profit 30-60%, of the initial capital. but eventually lost all. because I put a target profit up 200%

for martingale you need a really really big balance
but as you said you can only get 30 - 60 % PROFIT
you need to change tactics in order to get more then 100%

yes I usually play with capital 0.01 or more, but usually I use the base bet 10-100 sat, and it was enough to withstand a long strike

but keep ultimately lose, because of the barrage of red too long, yes sometimes I weird for it Cheesy

But it doesnt matter if you use low base bet or high because its equal in winnings, if you use 10 sat base bet you would have to win millions of bets to make profit and after millions of bets your chances of getting a big lose streak increase.

steven.G999

sr. member

Activity: 266

Merit: 250

Quote from: Joca97 on March 09, 2015, 07:01:58 AM

Quote from: steven.G999 on March 09, 2015, 06:59:27 AM

for usually work until profit 30-60%, of the initial capital. but eventually lost all. because I put a target profit up 200%

for martingale you need a really really big balance
but as you said you can only get 30 - 60 % PROFIT
you need to change tactics in order to get more then 100%

yes I usually play with capital 0.01 or more, but usually I use the base bet 10-100 sat, and it was enough to withstand a long strike

but keep ultimately lose, because of the barrage of red too long, yes sometimes I weird for it Cheesy

ubitcoin

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Activity: 686

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Quote from: sherbyspark on March 09, 2015, 06:11:58 AM

Quote from: ubitcoin on March 09, 2015, 02:50:05 AM

In my experience in gambling. I am sucked several and more times with the martingale. All profit goes to 0 in a second with unimaginable loses in a row.

I think it can really make a gambler broken also when there exist 99.99% chances of wining in dice.
So, really there is good to leave martingale play

Well , none of the site allows you to gamble at 99.99% chance, so how did you manage to test it at that ?

Also, martingale might work for short term if you bet with some balance several times in different sized units.

As I said above I was only thinking of 99.99%
Not a reality lol :"

XinXan

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Quote from: Joca97 on March 09, 2015, 07:39:12 AM

Quote from: XinXan on March 09, 2015, 07:06:54 AM

Quote from: Joca97 on March 09, 2015, 07:01:58 AM

Quote from: steven.G999 on March 09, 2015, 06:59:27 AM

for usually work until profit 30-60%, of the initial capital. but eventually lost all. because I put a target profit up 200%

for martingale you need a really really big balance
but as you said you can only get 30 - 60 % PROFIT
you need to change tactics in order to get more then 100%

you could also get 0% profit and lose in the first bets, and what kind of tactic is that to get more than 100%?

there is lots of tactics you just need to play wisley
there is some people like HUI that earned 100% - 1000% from there autobet methods!

How do you play wisely exactly, its not like strategy makes a big difference, pretty much null.

Joca97

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Quote from: XinXan on March 09, 2015, 07:06:54 AM

Quote from: Joca97 on March 09, 2015, 07:01:58 AM

Quote from: steven.G999 on March 09, 2015, 06:59:27 AM

for usually work until profit 30-60%, of the initial capital. but eventually lost all. because I put a target profit up 200%

for martingale you need a really really big balance
but as you said you can only get 30 - 60 % PROFIT
you need to change tactics in order to get more then 100%

you could also get 0% profit and lose in the first bets, and what kind of tactic is that to get more than 100%?

there is lots of tactics you just need to play wisley
there is some people like HUI that earned 100% - 1000% from there autobet methods!

picolo

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Quote from: dooglus on March 09, 2015, 06:31:48 AM

Quote from: sherbyspark on March 09, 2015, 06:11:58 AM

Quote from: ubitcoin on March 09, 2015, 02:50:05 AM

In my experience in gambling. I am sucked several and more times with the martingale. All profit goes to 0 in a second with unimaginable loses in a row.

I think it can really make a gambler broken also when there exist 99.99% chances of wining in dice.
So, really there is good to leave martingale play

Well , none of the site allows you to gamble at 99.99% chance, so how did you manage to test it at that ?

Also, martingale might work for short term if you bet with some balance several times in different sized units.

Oh goody. My favourite thread is back from the dead!

33 pages with all the diversity of thinking among gamblers between the ones who understand maths and the ones who don't Grin

Maybe those who don't understand maths are right ? Grin

Topic: Does martingale really works? - page 73. (Read 123290 times)