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Topic: earn free bitcoin with martingale technique - page 2. (Read 8502 times)

newbie
Activity: 28
Merit: 0
December 12, 2013, 05:21:42 AM
#8
I think I would like to take a look at the ource code after I lost 11 times in a row....  lol
sr. member
Activity: 322
Merit: 250
December 12, 2013, 04:31:01 AM
#7
LOL.
This thread is only here to make people use your reflink.
Everyone already knows what the martingale strategy is...
hero member
Activity: 742
Merit: 502
Circa 2010
December 12, 2013, 04:25:36 AM
#6
It's hard to lost six times but if you lost, you should do 2x bet more.

That's not true at all, with martingale your only doubling once you know you've lost the previous bet at which the result of the event is known. Hence it has no implication on the future bet so the probability you lose on the (n+1) case after losing (n) cases is still 50%. Don't be stupid enough to think that losing 1000000000000000000000 times will mean you don't lose the next one. Anyways, 1 in 64 is still a reasonably probable occurrence, so if you want to lose all your money go try martingale.
sr. member
Activity: 490
Merit: 250
December 11, 2013, 07:51:05 PM
#5
And... if we have infinity money... why we play all our budget to win 1?

Look at St.Petersburg paradox Smiley

http://en.wikipedia.org/wiki/St._Petersburg_paradox
member
Activity: 84
Merit: 10
December 11, 2013, 07:41:12 PM
#4
Unless you have infinite money, this is an EV negative play. Even a small initial bet of something like $10 could end up easily costing hundreds or thousands to reap -- is it really worth risking thousands to make $10? And what if we are sufficiently unlucky so as to no longer be able to continue doubling our bets?  Game over.

Most sites also have limits on how much one can bet, so it is not like this would be +EV even if we had infinite money on those sites.
sr. member
Activity: 490
Merit: 250
December 11, 2013, 07:34:44 PM
#3

...

I will tell you this system with an example.


0.00000002 is our bet and played lose now 2xbet
0.00000004 is our bet and played lose now 2xbet
0.00000008 is our bet and played lose now 2xbet
0.00000016 is our bet and played lose now 2xbet
0.00000032 is our bet and played lose now 2xbet
0.00000064 is our bet. We won.

It's hard to lost six times but if you lost, you should do 2x bet more.

...


"It's hard to lose six times..."

Do you really think that? Sometimes happened 21 lose in a row...

If you play at 50/50 you pick up a 6 in a row losing strike...

p = (50/100)^6 = 0.015625 = 1.5625%

It's 1 time on 64!

And... on freebitco.in you didn't play at 50/50... but 47.5/52.5

So... p = (52.5/100)^6 = 0.0209389 = 2.09389%   that is 1 on 47.758 !!!
legendary
Activity: 1736
Merit: 1029
December 11, 2013, 07:25:23 PM
#2
Newbie, get out with your referral link Tongue.
Post it in your signature, sure.  Get it out of this section please, delete it, then press CTRL + w and you'll get some free bitcoins.  If it doesn't work, try multiple times.

Firstly, this faucet is already widely spread and largely promoted.  The martingale strategy is already known by 99% of the members here.  I can't wait for a newbie like you to keep on using martingale until you lose it all, and start bitching on this forum Smiley

99% of martingales IMO will end up a loss, so to newbies, play with this strategy a bit, but it's not going to make you win much until you lose it all.
newbie
Activity: 2
Merit: 0
December 11, 2013, 07:08:28 PM
#1
You know freebitco.in but I'm going to tell you different method to earn bitcoin there . It is possible to earn free bitcoin in this website. The method which I'm going to tell you  most probably will earn bitcoin . First, You must register for website.

link: http://freebitco.in
referral link: http://freebitco.in/?r=106031 (Please register here, It's not different for you )

When you register, you need a btc wallet adress and a password so you must have a bitcoin wallet. After register, you must 'play free play' to apply my method.

And second stage: We can play gamble in this website with our BTC which we earn here. Click multiply btc for that.


Anyway..If you do these, I will tell you martingale system.


I will tell you this system with an example.


0.00000002 is our bet and played lose now 2xbet
0.00000004 is our bet and played lose now 2xbet
0.00000008 is our bet and played lose now 2xbet
0.00000016 is our bet and played lose now 2xbet
0.00000032 is our bet and played lose now 2xbet
0.00000064 is our bet. We won.

It's hard to lost six times but if you lost, you should do 2x bet more.
Anyway;

0.00000002+0.00000004+0.00000008+0.00000016+0.0000 0032+0.00000064 = 0.00000126 (spent btc)
0.00000064x2= 0.00000128 gained btc. profit=0.00000002

If you start with 0.00000008, you will earn 0.00000008.
If you start with x, you will earn x.

Sorry for my bad english.

Source: http://vegasclick.com/gambling/martingale-betting-system.html

thats all.
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