Gamblers: Please Martingale Carefully! - page 5.

james.lent

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Quote from: cheekychap on November 21, 2014, 03:43:43 AM

Quote from: ComboChris on November 21, 2014, 03:07:48 AM

I feel like as long as you have an amount of money deposited that you don't mind losing, martingale is an okay tactic.

its better just to have a very big bankroll to sustain those big streaks by martingale. And you should start with a less base bet.

every site has a bet cap, so no, that wont work . martingale aka martinfail Shocked

cheekychap

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Quote from: ComboChris on November 21, 2014, 03:07:48 AM

I feel like as long as you have an amount of money deposited that you don't mind losing, martingale is an okay tactic.

its better just to have a very big bankroll to sustain those big streaks by martingale. And you should start with a less base bet.

ComboChris

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I feel like as long as you have an amount of money deposited that you don't mind losing, martingale is an okay tactic.

james.lent

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Quote from: pureelite on November 20, 2014, 04:27:02 PM

Quote from: Stars on November 20, 2014, 11:48:15 AM

Quote from: Ron~Popeil on November 20, 2014, 09:22:15 AM

Martingale can work if you have the discipline to stop while you are ahead. The odd psychology of gambling makes that difficult. I remember at just dice watching people go up 30-40 bitcoins at times only to bust and lose their gains plus their original stake.

Yeah, I remember a guy on JD that would martingale with 0.25 start and would martingale until he made 30 BTC profit. He made 30 BTC everyday for a few weeks and only got to 64 BTC bet once.

wow that is pretty awesome

as i said martingale can work

but you need a much bigger balance !!!

it works until it doesn't .. better to mix it with some labouchere/ reverse labouchere and some random bets. In the end of the day it all depends on luck.

pureelite

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Quote from: Stars on November 20, 2014, 11:48:15 AM

Quote from: Ron~Popeil on November 20, 2014, 09:22:15 AM

Martingale can work if you have the discipline to stop while you are ahead. The odd psychology of gambling makes that difficult. I remember at just dice watching people go up 30-40 bitcoins at times only to bust and lose their gains plus their original stake.

Yeah, I remember a guy on JD that would martingale with 0.25 start and would martingale until he made 30 BTC profit. He made 30 BTC everyday for a few weeks and only got to 64 BTC bet once.

wow that is pretty awesome

as i said martingale can work

but you need a much bigger balance !!!

Stars

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Quote from: Ron~Popeil on November 20, 2014, 09:22:15 AM

Martingale can work if you have the discipline to stop while you are ahead. The odd psychology of gambling makes that difficult. I remember at just dice watching people go up 30-40 bitcoins at times only to bust and lose their gains plus their original stake.

Yeah, I remember a guy on JD that would martingale with 0.25 start and would martingale until he made 30 BTC profit. He made 30 BTC everyday for a few weeks and only got to 64 BTC bet once.

Ron~Popeil

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Martingale can work if you have the discipline to stop while you are ahead. The odd psychology of gambling makes that difficult. I remember at just dice watching people go up 30-40 bitcoins at times only to bust and lose their gains plus their original stake.

CrackedLogic

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Quote from: pureelite on November 20, 2014, 08:54:00 AM

this killed me many times

but martingale still is one of the best methods i know of

x9900?

pureelite

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this killed me many times

but martingale still is one of the best methods i know of

rogerdonkey

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yes must carefully use martingale. i have bad story when use martingale, i lost my money play dice use strategy martingale.

Farmer17

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Because of the presence of house edge, the higher your wagered amount, the less desirable it is to the player. And martingale is very bad in that sense as you will wager a lot to get a little profit.

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Quote from: krishatnet on November 19, 2014, 11:22:19 PM

I have tried martingale strategy. I have got some profit in beginning then I increased the betting amount and lost all my funds. It is very risky.

It might be better to reduce to base bet. This will allow you more longer streaks. However, over the long run a bad streak will happen.

krishatnet

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I have tried martingale strategy. I have got some profit in beginning then I increased the betting amount and lost all my funds. It is very risky.

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Quote from: wayshegoes on November 19, 2014, 08:48:33 AM

There is no such thing as martingaling safely. You can just as easily lose everything on your first streak; essentially risking your entire bankroll to win pennies.

not safetly, carefuly was the word.

Omikifuse

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Short: you will earn dust some time(your win is always your initial bet), then all of sudden you bust and lose everything.

You risk all you have for a little gain

kolloh

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Yeah, martingale is very dangerous and eventually will cause you to lose your entire bankroll. I know from experience xD

caga

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Quote from: DaveSaldana123 on November 19, 2014, 08:58:30 AM

When you play in a casino, although there is Martingale, you still lose.

You can opt to martingale in a casino, but no it doesn't necessarily mean, that you will lose. I have had over 5000$ on me a couple of times, and have martingaled starting with a base bet of 100$. I have done this around 10 times, and haven't busted yet :)Up until Last time I tried it, I won on my last bet of 2500, as I was out of money. Took a loss of around 500$, but was up overall, so I have never tried it again. It kills you when you are getting a long losing streak and betting 30 times your base bet.

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When you play in a casino, although there is Martingale, you still lose.

wayshegoes

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I lost the liqour money boys...

There is no such thing as martingaling safely. You can just as easily lose everything on your first streak; essentially risking your entire bankroll to win pennies.

rivoke

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Quote from: caga on November 19, 2014, 04:29:44 AM

Quote from: emsjvh on April 02, 2014, 07:18:07 AM

Quote from: Sirrah on April 02, 2014, 05:48:03 AM

Quote from: emsjvh on April 01, 2014, 05:19:15 PM

"Even if he starts with the absolute minimum bet, he could still run out of money after losing thirty, fifty, a hundred times or more in a row. "

If the site you're gambling at gives you a 30 loss streak in less than 1 million rolls it is rigged.

*facepalm* It is irrelevant the size of the losing streak - it does not prove that a casino is rigged, only that variance thus far has been a huge dick to you. To prove something is rigged you actually need to find a piece of code that is changing the outcome of your rolls such that you lose, until then the best you can say is that the site is extremely suspicious.

Yeah?

How about getting 30 loss streaks multiple times within a week (at 49.5%)? Would you consider that dice site rigged?

Better yet how about hitting a 34 loss streak out of 50 rolls?

Usually such streaks happen over a long period of time, but that long period could also be a short period, incase that streak happen initially in that seed.

even a 100 loss streak can happen

Topic: Gamblers: Please Martingale Carefully! - page 5. (Read 7459 times)