Topic: earn free bitcoin with martingale technique (Read 8502 times)
i tried the 0.00000001 method one of the dice sites where you can do 900,000,000 rolls for you automatically input. i woke up with 2k lost not once but a good 28 times. i asked my self awesome, i can lose past 30 times, but i never seen me win 30 times inarrow, every since i thought about that idea, i stoped my dicing addiction. sorta makes sense but everyones different lol
Seriously, do a martingale solely as a FUN strategy. Anyone who thinks they can reliably make money at this is a moron. A negative expected value bet is a negative expected value bet no matter how you structure your betting. That means you lose long-term anyway.
When I'm doing retarded losing gambling, I like what I call a "reverse martingale." This is basically making a tiny bet at first, and if you win, let it ride and put the winnings on the table again. Then keep doing this until either your inevitable loss or until the winnings get big enough you can buy a car or something. Then cash out.
It's still a losing strategy, of course. But I'd rather risk a tiny amount that doesn't matter in the least to me to win a huge amount that might, than the usual martingale, which basically involves risking your entire bankroll every time to win a tiny amount most of the time.
Also, if you're generally an advantage player, it's a great way to charge up your comp card and not get kicked out of casinos. The house likes it when you give it some -EV action.
When I'm doing retarded losing gambling, I like what I call a "reverse martingale." This is basically making a tiny bet at first, and if you win, let it ride and put the winnings on the table again. Then keep doing this until either your inevitable loss or until the winnings get big enough you can buy a car or something. Then cash out.
It's still a losing strategy, of course. But I'd rather risk a tiny amount that doesn't matter in the least to me to win a huge amount that might, than the usual martingale, which basically involves risking your entire bankroll every time to win a tiny amount most of the time.
Also, if you're generally an advantage player, it's a great way to charge up your comp card and not get kicked out of casinos. The house likes it when you give it some -EV action.
Quick Monte Carlo simulation I've just done suggests every 100 trials at 50:50, you have a 75-80% chance of hitting 6 losses in a row. The main problem with the Martingale is that hitting a bad run is WAY more probable than people would like to think. Also, the lower % you stake, the more bets it takes to accumulate your desired value...so even though you may be able to afford 15 or 20 failures in a row in extreme examples. You will eventually hit that black swan event. It may take you longer, but it will happen. The probability of hitting the bad run is offset by the number of bets increase...meaning you gain nothing by betting "cautiously".
Only use a Martingale on amounts you can afford to lose completely and don't try to bankroll a catastrophic loss. Also, it takes a real long time. If you have a free bet, you're better off sticking it on the highest payback bet you can and not wasting your time.
Only use a Martingale on amounts you can afford to lose completely and don't try to bankroll a catastrophic loss. Also, it takes a real long time. If you have a free bet, you're better off sticking it on the highest payback bet you can and not wasting your time.
Martingale always works. All it requires is an infinite bankroll and a casino willing to take any bet up to infinity.
There is no way Martingale can ever work.
6 times? You based your strategy with only 6 loses in a row?
There are plenty of people here who have seen just happening 15 times or even more.
It's insane to even think about it.
6 times? You based your strategy with only 6 loses in a row?
There are plenty of people here who have seen just happening 15 times or even more.
It's insane to even think about it.
If only martingale would actually work.
>Earn
>Martingale
LOL.
>Martingale
LOL.
Dude I have done this method alot of times and out of all of them I lost more then I have won btc this is only a theoretical way you can win bitcoins
lol I had a 21 loss streak - knd of ironic. Anyways, this metohd doesnt work in the end imo.
Dude I have done this method alot of times and out of all of them I lost more then I have won btc this is only a theoretical way you can win bitcoins
if you're gonna try this, you might as well try it over at just-dice.com where they have the lowest house edge.
I've tried every method there is.
my advice:
best bet is no bet
You made me laugh my advice:
best bet is no bet
I've tried every method there is.
my advice:
best bet is no bet
my advice:
best bet is no bet
Wow never tried this before thanks!
This guy thinks hes onto something revolutionary
Dude, this is a proven method to lose in the long haul and only gambling noobs use this tactic.
Dude, this is a proven method to lose in the long haul and only gambling noobs use this tactic.
I've tried this. It doesn't work, eventually you'll lose and lose big. I've had like 13 or 14 losses in a row on 50/50.
try 23 , lol , losses = infinite , unless you have infinite bank to back up on a site with no bet cap
I've tried this. It doesn't work, eventually you'll lose and lose big. I've had like 13 or 14 losses in a row on 50/50.
In addition to the Martingale, there are many other ways to bet BTC. Bitcoin Reviewer has posted a list of these techniques which can be found by clicking here.
Martingale simply does't work.
Congratulations to you on discovering martingale
I just lost at primedice 0.03 using the martingale strategy, not because I'm not smart, but because I reached those money with the martingale from the 1000 satoshi.
Yes a little different version modified by me but still martingalated.
It's ok, I will remake my money from scratch.
Yes a little different version modified by me but still martingalated.
It's ok, I will remake my money from scratch.
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