Starting with some trading
Topic: Gamblers: Please Martingale Carefully! (Read 7437 times)
Same with me several and several times and noe out of dice and casinos.
Starting with some trading
Starting with some trading
If your base bet is 1 satoshi you would need about 150.000.000 bets to get to 1.2 btc
I think that should usually depend on what kind of martingale strategy you are using.
Some people martingale at 50%. Some also matingale at 10% or at 90%.
They just increase their base bets by different ratios.
Also, at 90% a martingale of 7-8 would get you at >1 BTC.
I dont see how you can use 90% at 1 satoshi bet, that means you would win like what 0.1 satoshi each win?
And anyways it would be the same at any ratio
Anyone tried to do it and got some kind of warning about the returns?
The rounding problem is an issue in the martingale strategy and should be take into account.
The rounding problem does happen with 1 satishi. But betting 1 satoshi to win 0.1 satoshi is not worth it. Also, betting at 90% is an extremely slow strategy and people can have losing streaks up to 7 or 8.
I have had 7 myself.
If your base bet is 1 satoshi you would need about 150.000.000 bets to get to 1.2 btc
I think that should usually depend on what kind of martingale strategy you are using.
Some people martingale at 50%. Some also matingale at 10% or at 90%.
They just increase their base bets by different ratios.
Also, at 90% a martingale of 7-8 would get you at >1 BTC.
I dont see how you can use 90% at 1 satoshi bet, that means you would win like what 0.1 satoshi each win?
And anyways it would be the same at any ratio
Anyone tried to do it and got some kind of warning about the returns?
The rounding problem is an issue in the martingale strategy and should be take into account.
If your base bet is 1 satoshi you would need about 150.000.000 bets to get to 1.2 btc
I think that should usually depend on what kind of martingale strategy you are using.
Some people martingale at 50%. Some also matingale at 10% or at 90%.
They just increase their base bets by different ratios.
Also, at 90% a martingale of 7-8 would get you at >1 BTC.
I dont see how you can use 90% at 1 satoshi bet, that means you would win like what 0.1 satoshi each win?
And anyways it would be the same at any ratio
And would follow, 10,100,1000,10000...
If your base bet is 1 satoshi you would need about 150.000.000 bets to get to 1.2 btc
I think that should usually depend on what kind of martingale strategy you are using.
Some people martingale at 50%. Some also matingale at 10% or at 90%.
They just increase their base bets by different ratios.
Also, at 90% a martingale of 7-8 would get you at >1 BTC.
I dont see how you can use 90% at 1 satoshi bet, that means you would win like what 0.1 satoshi each win?
And anyways it would be the same at any ratio
is martingale worth it still though? like when do we should we stop using it?
Well, you could always have a bad streak in the early stage. But if you set yourself a goal and stop at that, then maybe you will end profitable. I have seen players start with a bankroll of 5 BTC, and stopping at a profit of 2 BTC. Also, once you have a big profit, you could potentially end your streaks at a smaller amount, so you are still profitable, and you are over with your bad streaks. But again, it is always a gamble.
If your base bet is 1 satoshi you would need about 150.000.000 bets to get to 1.2 btc
I think that should usually depend on what kind of martingale strategy you are using.
Some people martingale at 50%. Some also matingale at 10% or at 90%.
They just increase their base bets by different ratios.
Also, at 90% a martingale of 7-8 would get you at >1 BTC.
@sidhujag, just play on the trusted ones, no point in trying out new sites.
Yeah, that is why I only play on PD and Win88.
i have martingaled before starting with a BR of .04btc and was able to turn it into 1.2btc but the sad thing is my stupidity got the better of me :/
Its actually hard to martingale from 0.04 to 1.2 BTC considering the minimum bet of 1 satoshi. You would be doing well over a million bets I believe to get there, as you will be winning a low base bet each time and 1 bad streak could wipe off everything. You might have been lucky.
If your base bet is 1 satoshi you would need about 150.000.000 bets to get to 1.2 btc
Not always the case, it also depends on the multiplier and the win chance. If I put the multiplier @ 110% increase each time I lose or If I'm using the 34% win chance not the usual 50%.
i have martingaled before starting with a BR of .04btc and was able to turn it into 1.2btc but the sad thing is my stupidity got the better of me :/
Its actually hard to martingale from 0.04 to 1.2 BTC considering the minimum bet of 1 satoshi. You would be doing well over a million bets I believe to get there, as you will be winning a low base bet each time and 1 bad streak could wipe off everything. You might have been lucky.
If your base bet is 1 satoshi you would need about 150.000.000 bets to get to 1.2 btc
But that is the question of all gambling - when to stop? Martingale is to easy to get sucked into because you're covering your back with each bet and when you start you'll naively think you're just making free money... that is until your luck runs out which it soon will. When to stop all depends on your own goals that you should set yourself and stick to, though obviously it's never quite as easy as that.
Greed gets the best of most of them( i would probably fall into it as well). Another user on the forum, posted about a strategy to beat the system but was ultimately using martingale , and lost over 30 btc .
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But that is the question of all gambling - when to stop? Martingale is to easy to get sucked into because you're covering your back with each bet and when you start you'll naively think you're just making free money... that is until your luck runs out which it soon will. When to stop all depends on your own goals that you should set yourself and stick to, though obviously it's never quite as easy as that.
is martingale worth it still though? like when do we should we stop using it?
You stop when you're winning
. Keep going and you'll bust soon enough. It often works in the short term providing you've got a big enough bankroll, but you'll hit a big loss streak eventually and lose your entire funds within a minute. global moderator
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is martingale worth it still though? like when do we should we stop using it?
You stop when you're winning
. Keep going and you'll bust soon enough. It often works in the short term providing you've got a big enough bankroll, but you'll hit a big loss streak eventually and lose your entire funds within a minute. 
Thanks for the heads up. I agree.
I once got up to 23 reds on martingale... Lost quite some money there lol.
I wouldnt doubt that the system just jacked u... Hard to do that in 50/50 its like getting hit by lightning.I once got up to 23 reds on martingale... Lost quite some money there lol.
U cant even dispute it since they will throw the math book at u.. I wouldnt doubt if these sites detect martingalers and screw the ones over who bet alot of money... I bet u did lose alot and i bet the site got u amd not math.. Although it doesmt always have to be that way just another reason not to use it
truth is anyone who comes with a consistently winning strategy will be flagged by the site operators just as i real life in Vegas if you are some kind of epic card counter .. psychic or something they will chuck you out of the casino so fast lmao
There is a market for trustless gambling games
And theres a lot of them.
And would you believe if some trusted personalities here are behind those scammy games.
trusted ones are sites that are around for years without story of scams of dishonest behavior.
untrusted ones are the rest.
That simply
is martingale worth it still though? like when do we should we stop using it?
@sidhujag, just play on the trusted ones, no point in trying out new sites.
U dont get it... Trustless != community standing i have martingaled before starting with a BR of .04btc and was able to turn it into 1.2btc but the sad thing is my stupidity got the better of me :/
Its actually hard to martingale from 0.04 to 1.2 BTC considering the minimum bet of 1 satoshi. You would be doing well over a million bets I believe to get there, as you will be winning a low base bet each time and 1 bad streak could wipe off everything. You might have been lucky.
It's the same chance to place a 3x bet
WHat do you mean by same chance? Wouldn't that be evenm harder as it has a chance of hitting only 33% of the times?
Getting from 0.04 to 1.2 is a whooping 30x rather than 3x, of course it is a lot harder than winning a 3x bet lol.
@sidhujag, just play on the trusted ones, no point in trying out new sites.
Thanks for the heads up. I agree.
I once got up to 23 reds on martingale... Lost quite some money there lol.
I wouldnt doubt that the system just jacked u... Hard to do that in 50/50 its like getting hit by lightning.I once got up to 23 reds on martingale... Lost quite some money there lol.
U cant even dispute it since they will throw the math book at u.. I wouldnt doubt if these sites detect martingalers and screw the ones over who bet alot of money... I bet u did lose alot and i bet the site got u amd not math.. Although it doesmt always have to be that way just another reason not to use it
truth is anyone who comes with a consistently winning strategy will be flagged by the site operators just as i real life in Vegas if you are some kind of epic card counter .. psychic or something they will chuck you out of the casino so fast lmao
There is a market for trustless gambling games
And theres a lot of them.
And would you believe if some trusted personalities here are behind those scammy games.
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