Does Martingale Work? - page 2. | Bitcointalksearch.org

palle11

sr. member

Activity: 2310

Merit: 332

Quote from: virasog on April 10, 2019, 06:56:48 AM

If you use any strategy in a routine, the gambling site will detect it and they will apply such a mechanism that you will not be able to win again using the same strategy.

I think from what you have said above can be true and this is the reason that blockchain gambling site is better and I have also seen many of such sites being developed lately. The gambling space is changing for better and you can be sure you won't have a reason for fear of not winning multiple times on a roll.

virasog

legendary

Activity: 2954

Merit: 1159

Quote from: BeGoods on April 09, 2019, 10:18:47 AM

Quote from: Tytanowy Janusz on March 11, 2019, 06:53:41 AM

Quote from: wwzsocki on March 10, 2019, 10:45:46 AM

Additionally, I see lately that casinos try to stop people from using Martingale and tight their rules to net let anybody test this strategy anymore.

Like I said and other users confirmed even with big bankroll you will lose using Martingale in the long run but still if one doesn't have any other better strategy, a martingale is still something to try in short period games to add some chips.

If one is lucky enough you can have your golden winning strike and should and take the winnings this is the only way to win.

With big bankroll (1000 times initial bet) you will spend few days in casino to double with lower propability than puting all money on red and going home. This strategy consume time only not giving extra propability in return. In fact decrising propability.

in the beginning maybe you will win, but in the long run I don't think you will win because casino algorithms and gambling sites will easily know your strategy and you will lose in a row and make your money run out, do it with a quick time! #imo

I think if you want to take advantages from Martingale strategy or any other strategy , you should not use it more than once or twice in a day. If you use any strategy in a routine, the gambling site will detect it and they will apply such a mechanism that you will not be able to win again using the same strategy.

Xenrise

sr. member

Activity: 672

Merit: 251

Quote from: Tytanowy Janusz on February 20, 2019, 06:40:29 AM

Assumptions:
1- after every lost bet i double
2- after every win bet i go back to initiation bet
3- initiation bet is 1 $
4- when i can't afford for next bet i exit casino with money i have left
5-I do 100 000 test
6- After every win limit is increased by winning amount.

This is what I do mostly on my gambles. So, this is what it called, Martingale system. I don't know what is the basis of this but I am following this rule. And before I read this thread I am using that system even way back in 2017 or 2018. This system works for me. But, if I go and give it all, sometimes I loss. Maybe after a win maybe the next 2nd or 3rd round can give you win.

Probablylikely

full member

Activity: 560

Merit: 100

Martingale does work but not for the long run. Greed is mostly the cause for the failure.
I will normally do martingale for like 2 or 3 game sessions and then stop and reset to 100 times of preroll with a fixed small bet amount. To clear the red streaks that are likely to hit.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: AjithBtc on April 10, 2019, 02:07:56 AM

At the beginning we used to win which is a way to keep the user keep playing. Here user needs to make perfect moves to make the winning. Some out of luck wins big, and majority losses out of greed. Always it is good to spend little by little, and further can increase the betting amount. This will keep us travel long even when we are unable to win.

In fact that's the worst strategy if your purpose is to win big.

As you can see with every 1000$ bet you end up with 970$ on average. The more bets you put the more statist output you get - you are closer and closer to 970$ output. If you have 1000$ and you put 10$ each betafter 1000 bets sum of your bets is 10 000$ - output 9700$ - 300$ waste. You are left with 700$. (with 1000 bets you will be very close to that because that's enough to be almost sure to hit statistic distribution)

The best way to win big is to put all your money on single number. If you win and that's not "big money" for you than put all on single number again. That way you have 1296 times initial bet with 1:1369 probability. All other strategies only decrease probability of winning big.

AjithBtc

sr. member

Activity: 1666

Merit: 276

Vave.com - Crypto Casino

Quote from: Johnzky on April 09, 2019, 10:33:59 AM

Quote from: BeGoods on April 09, 2019, 10:18:47 AM

Quote from: Tytanowy Janusz on March 11, 2019, 06:53:41 AM

Quote from: wwzsocki on March 10, 2019, 10:45:46 AM

Additionally, I see lately that casinos try to stop people from using Martingale and tight their rules to net let anybody test this strategy anymore.

Like I said and other users confirmed even with big bankroll you will lose using Martingale in the long run but still if one doesn't have any other better strategy, a martingale is still something to try in short period games to add some chips.

If one is lucky enough you can have your golden winning strike and should and take the winnings this is the only way to win.

With big bankroll (1000 times initial bet) you will spend few days in casino to double with lower propability than puting all money on red and going home. This strategy consume time only not giving extra propability in return. In fact decrising propability.

in the beginning maybe you will win, but in the long run I don't think you will win because casino algorithms and gambling sites will easily know your strategy and you will lose in a row and make your money run out, do it with a quick time! #imo

Thats it mate casino developer will not let us win against them as operator they will make sure to create counter attack in every strategy we will use ,at first we can win but later on they will find our strategy and prevent us from winning this is how they play and beating them will be vry tough for us

At the beginning we used to win which is a way to keep the user keep playing. Here user needs to make perfect moves to make the winning. Some out of luck wins big, and majority losses out of greed. Always it is good to spend little by little, and further can increase the betting amount. This will keep us travel long even when we are unable to win.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: BeGoods on April 09, 2019, 10:18:47 AM

in the beginning maybe you will win, but in the long run I don't think you will win because casino algorithms and gambling sites will easily know your strategy and you will lose in a row and make your money run out, do it with a quick time! #imo

In fact, as my simulation shows, casino don't need to cheat to win against martingale strategy. In fact its more profitable for casino to have bunch of gamblers with strategy that they believe in because they will put much more money into it.

Trustful casinos earns much more than shady scam one because they have more gamblers with bigger wallets and they are winning in every game due to statistic advantage. Without cheating.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: BeGoods on April 09, 2019, 10:18:47 AM

Quote from: Tytanowy Janusz on March 11, 2019, 06:53:41 AM

Quote from: wwzsocki on March 10, 2019, 10:45:46 AM

Additionally, I see lately that casinos try to stop people from using Martingale and tight their rules to net let anybody test this strategy anymore.

Like I said and other users confirmed even with big bankroll you will lose using Martingale in the long run but still if one doesn't have any other better strategy, a martingale is still something to try in short period games to add some chips.

If one is lucky enough you can have your golden winning strike and should and take the winnings this is the only way to win.

With big bankroll (1000 times initial bet) you will spend few days in casino to double with lower propability than puting all money on red and going home. This strategy consume time only not giving extra propability in return. In fact decrising propability.

in the beginning maybe you will win, but in the long run I don't think you will win because casino algorithms and gambling sites will easily know your strategy and you will lose in a row and make your money run out, do it with a quick time! #imo

Yeah right, in short period if lucks permits you to win then this strategy might work, but keep using it in the long period of playing will only results into a same outcome, having numerous losing streak will eat up your bankroll and instead of gaining surely it will only results into burning your entire or most of your bankroll.

Strategy also reflects on how a gamblers knows to control his emotions, gaining little is far better than losing everything.

Johnzky

member

Activity: 616

Merit: 30

Quote from: BeGoods on April 09, 2019, 10:18:47 AM

Quote from: Tytanowy Janusz on March 11, 2019, 06:53:41 AM

Quote from: wwzsocki on March 10, 2019, 10:45:46 AM

Additionally, I see lately that casinos try to stop people from using Martingale and tight their rules to net let anybody test this strategy anymore.

Like I said and other users confirmed even with big bankroll you will lose using Martingale in the long run but still if one doesn't have any other better strategy, a martingale is still something to try in short period games to add some chips.

If one is lucky enough you can have your golden winning strike and should and take the winnings this is the only way to win.

With big bankroll (1000 times initial bet) you will spend few days in casino to double with lower propability than puting all money on red and going home. This strategy consume time only not giving extra propability in return. In fact decrising propability.

in the beginning maybe you will win, but in the long run I don't think you will win because casino algorithms and gambling sites will easily know your strategy and you will lose in a row and make your money run out, do it with a quick time! #imo

Thats it mate casino developer will not let us win against them as operator they will make sure to create counter attack in every strategy we will use ,at first we can win but later on they will find our strategy and prevent us from winning this is how they play and beating them will be vry tough for us

BeGoods

legendary

Activity: 1372

Merit: 1008

Quote from: Tytanowy Janusz on March 11, 2019, 06:53:41 AM

Quote from: wwzsocki on March 10, 2019, 10:45:46 AM

Additionally, I see lately that casinos try to stop people from using Martingale and tight their rules to net let anybody test this strategy anymore.

Like I said and other users confirmed even with big bankroll you will lose using Martingale in the long run but still if one doesn't have any other better strategy, a martingale is still something to try in short period games to add some chips.

If one is lucky enough you can have your golden winning strike and should and take the winnings this is the only way to win.

With big bankroll (1000 times initial bet) you will spend few days in casino to double with lower propability than puting all money on red and going home. This strategy consume time only not giving extra propability in return. In fact decrising propability.

in the beginning maybe you will win, but in the long run I don't think you will win because casino algorithms and gambling sites will easily know your strategy and you will lose in a row and make your money run out, do it with a quick time! #imo

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

Quote from: Tytanowy Janusz on March 17, 2019, 05:43:00 AM

Quote from: darklus123 on March 16, 2019, 11:53:04 PM

Quote from: wwzsocki on March 16, 2019, 05:29:35 AM

~

Oops, my bad that is clearly bullshit sorry for that I admit that was a mistake. Here is the video that I actually stated I found on facebook... I just need to find that sh*t.
https://youtu.be/f9xnmh1EGIA

...Just imagine that you have invested $1 bil into the BIGGEST casino in las vegas. You are earning 1 mil every day. After 3 years your investment is finally making profit and... you was caught on cheating...

I like very much that you have the decency @Darklus123 to admit to mistake and apologize.

Of course, accepted apologies and there is no problem, I laughed during the investigation Wink

.

Very mature behavior and that's what I miss the most in the crypto world.

Simply human honesty and responsibility for your actions and words.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: darklus123 on March 16, 2019, 11:53:04 PM

Quote from: wwzsocki on March 16, 2019, 05:29:35 AM

~

Oops, my bad that is clearly bullshit sorry for that I admit that was a mistake. Here is the video that I actually stated I found on facebook before but this was for the online gambling site but I was sure that I also read an article before with regards to vegas casino cheating I just need to find that sh*t.

https://youtu.be/f9xnmh1EGIA

That's just small shady online casino. For sure, they are cheating because they have nothing to lose since they don't have reputation and didn't make any investment to open.
Just imagine that you have invested $1 bil into the BIGGEST casino in las vegas. You are earning 1 mil every day. After 3 years your investment is finally making profit and... you was caught on cheating. All your clients are gone. You are going to jail. What for? After next 3 years you could open another casino instead of trying not to drop the soap in prison.

darklus123

hero member

Activity: 1246

Merit: 588

Quote from: wwzsocki on March 16, 2019, 05:29:35 AM

~

Oops, my bad that is clearly bullshit sorry for that I admit that was a mistake. Here is the video that I actually stated I found on facebook before but this was for the online gambling site but I was sure that I also read an article before with regards to vegas casino cheating I just need to find that sh*t.

https://youtu.be/f9xnmh1EGIA

xWolfx

member

Activity: 322

Merit: 20

Donating 10% to charity

Quote from: Tytanowy Janusz on March 11, 2019, 06:53:41 AM

With big bankroll (1000 times initial bet) you will spend few days in casino to double with lower propability than puting all money on red and going home. This strategy consume time only not giving extra propability in return. In fact decrising propability.

But this approach is precisely what creates addiction my friend.

The starting post was pretty good because you are studying the results in a determined amount of time, therefore having a pretty good idea of what will happen in the future if you continue going. I could imagine an assistant robot telling you that with the current rate of each bet you have a determined % to go out winning.

The thing from my point of view should be to have fun and for that the more time it takes with a determined amount of money the better.

FIFA worldcup

full member

Activity: 1134

Merit: 105

Quote from: Tytanowy Janusz on March 14, 2019, 04:48:23 AM

Quote from: darklus123 on March 14, 2019, 12:59:18 AM

I bet its not working , well shall we say if your script is really purely random then that is absolutely fine to try. Yet based on my experience most of the scripts being added on most of the betting site have countered that strategy. In a first few bets everything is doing wel. Until you start losing your money. Sadly that is how it works lol

In fact ... as my program shows ... betting sites don't have to cheat to win against martingale system. But yea if cheating is as easy as adding 1 extra line of code into random number generator than we can assume that some of gambling sites are cheating. Thats why its so important to gamble on trusted casinos.

There is no grantee that even the trusted sites are 100% fair and they do not cheat in the back end codes.

As far as Martingale strategy is concerned, it does not work well on betting sites. It might work on other games like Dice etc, but not suited for betting ofcourse.

absy

legendary

Activity: 1414

Merit: 1008

★Bitvest.io★ Play Plinko or Invest!

Quote from: ethereumhunter on March 16, 2019, 05:55:20 AM

Quote from: Pattart on March 15, 2019, 09:29:49 PM

Quote from: Tytanowy Janusz on March 11, 2019, 06:53:41 AM

Quote from: wwzsocki on March 10, 2019, 10:45:46 AM

Additionally, I see lately that casinos try to stop people from using Martingale and tight their rules to net let anybody test this strategy anymore.

Like I said and other users confirmed even with big bankroll you will lose using Martingale in the long run but still if one doesn't have any other better strategy, a martingale is still something to try in short period games to add some chips.

If one is lucky enough you can have your golden winning strike and should and take the winnings this is the only way to win.

With big bankroll (1000 times initial bet) you will spend few days in casino to double with lower propability than puting all money on red and going home. This strategy consume time only not giving extra propability in return. In fact decrising propability.

In my opinion this strategy works if it requires very large capital, but the question is who will risk very large money for gambling, several times I use this method and sometimes it ends with my capital runout, I had lost 8 times in a row, lol. we need more more capital, I thought

Not really, I think it will work too if you only use small capital because you have luck in the strategy. Every strategy we have and use will works perfectly if the luck comes to us. And relate with your experience, you don't have luck using that strategy, so it makes you lose 8 times in a row. That happens to me too in the past, and I decide to not use any strategy in every time I gamble because I think there is no perfect strategy for myself.

The thing is there is no restricted or like limited capital when it comes to strategy like martingale. Let's say you start with 10k which is small capital and you keep on winning and make 20k. Now also you will lose unless you stop.

ethereumhunter

hero member

Activity: 2856

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Pattart on March 15, 2019, 09:29:49 PM

Quote from: Tytanowy Janusz on March 11, 2019, 06:53:41 AM

Quote from: wwzsocki on March 10, 2019, 10:45:46 AM

Additionally, I see lately that casinos try to stop people from using Martingale and tight their rules to net let anybody test this strategy anymore.

Like I said and other users confirmed even with big bankroll you will lose using Martingale in the long run but still if one doesn't have any other better strategy, a martingale is still something to try in short period games to add some chips.

If one is lucky enough you can have your golden winning strike and should and take the winnings this is the only way to win.

With big bankroll (1000 times initial bet) you will spend few days in casino to double with lower propability than puting all money on red and going home. This strategy consume time only not giving extra propability in return. In fact decrising propability.

In my opinion this strategy works if it requires very large capital, but the question is who will risk very large money for gambling, several times I use this method and sometimes it ends with my capital runout, I had lost 8 times in a row, lol. we need more more capital, I thought

Not really, I think it will work too if you only use small capital because you have luck in the strategy. Every strategy we have and use will works perfectly if the luck comes to us. And relate with your experience, you don't have luck using that strategy, so it makes you lose 8 times in a row. That happens to me too in the past, and I decide to not use any strategy in every time I gamble because I think there is no perfect strategy for myself.

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

Quote from: wwzsocki on March 14, 2019, 02:10:43 PM

Quote from: Tytanowy Janusz on March 14, 2019, 06:33:54 AM

Quote from: darklus123 on March 14, 2019, 05:14:45 AM

How are you going to give your trust to casinos? lol even the largest casinos in Vegas (who were actually proud that they are certified by the LGU) is still cheating on you...

Could you spere any link with proof that the LARGEST casino in Vegas was cheating?...

Is so easy to throw accusations but when it comes to back them up there is no comment...

Quote from: darklus123 on March 14, 2019, 05:14:45 AM

https://youtu.be/sI2kVJiiu3Y this is just one of the documentary to how corrupt the vegas casinos are.

Why am I actually saying this? because there was a famous gambler before going live for his daily gambling routine and he just caught how the staff cheats when he switches the color from the wheel if i am not mistaken. I still have to find that video tho so stay tuned.

By the way being away for awhile doesn't mean there would be no comment. I am not one of those users who stays 24/7 in this forum

This is actually hilarious because the video You used as a proof for of Your words, that casinos are cheating, actually shows the security guards in the casino at work and how they are protecting casinos and players from cheaters on daily basis Grin

This video is pure advertising of how safe casinos are and how much they do to protect themselves and their customers from losing money to cheaters. Shocked

You haven't even watched the first minute of this video only made a fast search for a youtube video with "casino" and "cheat" in the title and chosen one which popped up on the first page.

The first sentences from the video: "There's always been cheating and there always will be cheating. It's all about the money, you can't do anything to me unless you take our money. We don't prevent cheating, we detect cheating and act on it. Cheating is a subject which every Las Vegas Casino takes seriously. Everybody is trying to take advantage of something in the casino. Hundreds of man-hours are devoted to each year. They're protecting the games from those players who don't play by the rules...." And so on.

So stop to be so offended if the post You have written is pure bullshit and you found another pure BS to back this nonsense up.

Pattart

hero member

Activity: 1190

Merit: 500

Quote from: Tytanowy Janusz on March 11, 2019, 06:53:41 AM

Quote from: wwzsocki on March 10, 2019, 10:45:46 AM

Additionally, I see lately that casinos try to stop people from using Martingale and tight their rules to net let anybody test this strategy anymore.

Like I said and other users confirmed even with big bankroll you will lose using Martingale in the long run but still if one doesn't have any other better strategy, a martingale is still something to try in short period games to add some chips.

If one is lucky enough you can have your golden winning strike and should and take the winnings this is the only way to win.

With big bankroll (1000 times initial bet) you will spend few days in casino to double with lower propability than puting all money on red and going home. This strategy consume time only not giving extra propability in return. In fact decrising propability.

In my opinion this strategy works if it requires very large capital, but the question is who will risk very large money for gambling, several times I use this method and sometimes it ends with my capital runout, I had lost 8 times in a row, lol. we need more more capital, I thought

Fredomago

legendary

Activity: 2954

Merit: 1050

Leading Crypto Sports Betting & Casino Platform

Quote from: criz2fer on March 14, 2019, 12:15:50 PM

Quote from: Symphonized on March 13, 2019, 09:05:37 PM

It works always if the odds are not against you (as in favour of your bet configurations).
You will still need to adapt the way you martingale and make up several new strategies.

As long you don't hit those probabilistics red streaks you will end up fine.
Using martingale in bets number 1 to 100 and then change to some other strategy type and return back at roll number 110 to martingale does change your odds of losing and you might end up profiting even more with martingale still.

Although you are using martingale, your still gamble you bet by not continuing every bet. Your still relying on pure luck to take profit with this strategy. Meaning, in gambling you should not only use one strategy to take profit because of the red streaks and trust your full instinct . Grin

How many times do we see losing streak inside our gambling activities, we need to get used to it and overcome such emotions, martingale will not do anything unless you are lucky aside from that same will keeps on happening if you won't quit and realized everything.

Topic: Does Martingale Work? - page 2. (Read 1352 times)