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Topic: Gambling experience - max negative times in row - page 2. (Read 3597 times)

hero member
Activity: 504
Merit: 500
whoever has large bankroll takes the other one into it Smiley
legendary
Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
https://i.imgur.com/okk3ABK.jpg

he has bots playing and when one has 93 losses in a row at 9% he starts betting till he hits. the bot makes smalls bets so 93 losses is only -1 clam. for posying sake i didnt show the first 90 bets
Thats a nice hit. Seems that the more number of loses in that streak you have the more profit you are likely or will make towards the end. I have actually played with that strategy as well, and had around 150 losses too, and never tried it after. Would be nice to know mathematically how many losses at 10% in a row, will have the chance of having 32 losses at 50% .
legendary
Activity: 3808
Merit: 1723
I just testing martingale gambling method.

This is my experience:
After 2 days of gambling I collected 1500 Dogecoins
After 3 days of gambling I lost about 2000 Dogecoins

So I lost because, I have 20x negative times in row.
I expected about 18x or 19x.

Anyway, can anybody tell me what is max negative times in row?
Anybody have same expirience?

Did you martingale? IF you did don't be surprised. That's actually what cleans out most people these days.

Try learning another strategy and you should be OK.
hero member
Activity: 868
Merit: 1000






he has bots playing and when one has 93 losses in a row at 9% he starts betting till he hits. the bot makes smalls bets so 93 losses is only -1 clam. for posying sake i didnt show the first 90 bets
hero member
Activity: 896
Merit: 1000
today ay JD 9% 150 losses in a row. then boom a win at 250 clam




tiger is the tiger woods of dice

150 losing streak in a row, my experience is not like that i had only 19 losing streak with 2x payout at rollin but i had overcome this lose and recovered my amount after this.
hero member
Activity: 868
Merit: 1000
today ay JD 9% 150 losses in a row. then boom a win at 250 clam




tiger is the tiger woods of dice
legendary
Activity: 1050
Merit: 1000
as i remember the longest losing streak i got on Primedice with 49.50% win chance it was 21 red streak in row and i was using martingale so with that stupid streak my account status got in negative from i was in profit before,
legendary
Activity: 1344
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Consecutive losses are not unusual in dice games.
Never martingale in dice games as the amount you gain is little compared to what you can lose potentially.
hero member
Activity: 728
Merit: 500
Maximum 11 negative/red whatever we say came while I was playing mining game.That game changed my style of playing and now I play limited.In gambling anything can appear negative/positive for a large number.There is nothing fixed , I think .
legendary
Activity: 2940
Merit: 1333
20 times red in a row is like nothing, when i was keen on testing martingale i once had 35 reds in a row on 50% possibility to win

If true, you might hold the world record for most losses in a row at 50%.

I don't suppose you have any details to back up your claim?

This happened to me too just like everyone else who plays dice.Once I got 13 negative in a row and I lost all balance as that time someone told me : someone can get maximum 9 negative in a row and I always was placing bets on base of 9 that formula worked for a while but in the end that happened what was not expected. Then on forum I read that maximum 29 in a row is possible.

There's no theoretical limit, it's just that the streaks get increasingly less likely the longer that are. Each time you extend the length of the streak by 1, you almost halve the chance of such a streak happening (assuming you're betting at 49.5%).

So a losing streak of length 9 happens about once every 468 bets on average (at 49.5%),
length 10 happens about once every 927 bets (468 * 2 = 936, so you didn't quite halve the chance, but nearly),
length 20 happens every 859,354 bets,
length 29 happens every 402,300,001 bets,
and length 30 happens every 796,633,667 bets

So if you make a billion bets, you're not unlikely to see a streak of length 30.

If you "only" make a million bets, you're unlilely to see a streak of length 30, but it definitely could still happen. If you're really unlucky it could happen in your first 30 bets.
full member
Activity: 238
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★YoBit.Net★ 200+ Coins Exchange & Dice
20 times red in a row is like nothing, when i was keen on testing martingale i once had 35 reds in a row on 50% possibility to win
legendary
Activity: 1876
Merit: 1005
This happened to me too just like everyone else who plays dice.Once I got 13 negative in a row and I lost all balance as that time someone told me : someone can get maximum 9 negative in a row and I always was placing bets on base of 9 that formula worked for a while but in the end that happened what was not expected. Then on forum I read that maximum 29 in a row is possible.
legendary
Activity: 1008
Merit: 1000
i got longest losing streak 23 times in a row on diggit.io and 21 times on rollin.io, these were longest losing streak in my gambling history ever and still not get recover my lose from this stupid losing streak.
sr. member
Activity: 323
Merit: 254

In the analysis I did (linked at the top of this post), the 5 longest winning streaks at 49.5% were four 27's and a 30, while the 5 longest losing streaks at 49.5% were 32, 27, and three 26's. It's interesting that you don't really see the house edge in operation there, in that the winning streaks were longer than the losing streaks "on average". (I know, you can't average streak lengths like that...):

Quote
W  L
30 32
27 27
27 26
27 26
27 26

ah i totally misremembered the win streak.  the spread is a lot closer than i had originally thought.
sr. member
Activity: 552
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I have also experienced the same I have got 8 losses in a row and lost all my coins then never gambled again.
jr. member
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★777Coin.com★ Fun BTC Casino!
I just testing martingale gambling method.

This is my experience:
After 2 days of gambling I collected 1500 Dogecoins
After 3 days of gambling I lost about 2000 Dogecoins

So I lost because, I have 20x negative times in row.
I expected about 18x or 19x.

Anyway, can anybody tell me what is max negative times in row?
Anybody have same expirience?
imo there is no max negative or else, its just like luck and unluck in gambling, couple weeks ago i win 30k just in dice, an next 2 hour i lose all of that, and next morning i win again 20k with less lose
sr. member
Activity: 280
Merit: 250
There is no "max negative" if you are playing games of chance.  You could loss for days without winning.  Everyone has these streaks.  It is part of the game unfortunately.

I agree with u.. Like my experience here, i won all my bet for football even a day before madrid vs juve, i won in a small amount for every bet  around 0.01-0.08 btc, but got disaster when i lost almost 2,5 btc on madrid vs juve..

In detail i got 32 winning streak in small amount.
But i got 1 big lost..

So thats why i agree there is no max negative time in row, but the real one is max lost or max win in single time..

So if u said in dice or roullete, there is pure luck on u
sr. member
Activity: 258
Merit: 250
At 50:50 chance. losses of:
15 in a row happens once every 32,768 bets
16 in a row happens once every 65,536 bets
17 in a row happens once every 131,072 bets
18 in a row happens once every 262,144 bets
19 in a row happens once every 524,288 bets
20 in a row happens once every 1,048,576 bets
21 in a row happens once every 2,097,152 bets
22 in a row happens once every 4,194,304 bets
23 in a row happens once every 8,388,608 bets
24 in a row happens once every 16,777,216 bets
25 in a row happens once every 33,554,432 bets
26 in a row happens once every 67,108,864 bets
27 in a row happens once every 134,217,728 bets
28 in a row happens once every 268,435,456 bets
29 in a row happens once every 536,870,912 bets
30 in a row happens once every 1,073,741,824 bets
...
(on average)
full member
Activity: 189
Merit: 100
there is no max negative, the odds on winning or losing are the same each time, given that you aren't changing over/under how much you wanna roll.
legendary
Activity: 2940
Merit: 1333
I hat 22x in a row in the past and IIRC just-dice had a 32 losing streak for martingale.

See https://bitcointalksearch.org/topic/m.7060900 for details of that.

In summary:

The longest winning streak at 49.5% (2x) at Just-Dice is 30 in a row.
The longest losing streak at 49.5% (2x) at Just-Dice is 32 in a row.

Obviously the chance of winning changes things drastically. If you're playing with just 1% chance of winning, it's not unusual to see losing streaks of a few hundred bets in a row.

As PenguinFire said there is no maximum. Its very unlikely to lose 22, 32, 42 or 662 times in a row, but eventually it will happen.

I'm not sure about 662. That will almost certainly never happen, due to limitations on the amount of energy in the universe, etc.

Consider that you're about as likely to break into a random Bitcoin address (a 160 bit number) by brute force as you are to roll 160 in a row (at 50%). Then consider that to roll 640 in a row means doing that 4 times in a row without any failures in between. Then consider that 662 is even bigger than 640.

30 loses in a row is 1 in a billion chance, there are reports of a little bit more but not much more since no one would have enough bankroll to sustain more than 40 loses in a row even if you start with 1 satoshi bet

Even if you flat bet, or bet 0 on each roll, you still won't see much longer than a losing streak of 30 at 49.5%. It's not because people run out of bankroll (they typically just drop their bet right down and keep playing, just to see when they "would have won". It's because very long streaks are incredibly rare.

They are free to set their OWN odds.   So .... no regulation and they set their own odds.  They might be turning it up and down you don't know.

Anyways there is no max you could lose, you could lose it all.  And the house always wins, especially when they program their own rules.

All good Bitcoin gambling sites are provably fair. You can check that they aren't cheating. Regulation doesn't stop sites cheating anyway. It just stops them cheating when the regulator is looking.

One really shouldn't gamble, just ever. You're playing against 'invoke GetTickCount' from Windows (random number generator), and it's really not the way to go.

First off, it's really quite dangerous for the casino to randomize their rolls using something as predictable as a system clock. It's possible someone will be able to exploit it and predict their rolls with enough accuracy to beat the house edge.

And secondly, all decent Bitcoin gambling sites are provably fair. That means they can prove that their rolls are made fairly using techniques like publishing the hash some seed used to generate the roll before you play, so you can check that they committed to your roll before you made it. You'll typically be playing against sha256 or similar rather than a random number generator.

before JD shut down the first time, Doog did some stats on longest losing and winning streak at 49.5%.

I believe loses was as big as 32 in a row, and wins was 19 or 20..  i'm not 100% sure of the stats. its in the old JD thread somewhere.

Remember that this isnt simple 50/50.  at 49.5/50.5, the max loss streaks will be longer than the max win streaks.  (thus you can see the house edge in action, sortof)

RIght, that's actually an interesting point, a1choi, the longer the streak you're multiplying out, the more you're going to see that divergence between wins vs. losses multiplied out and getting bigger.  Ie, as you say, you can observe the house edge in action.

In the analysis I did (linked at the top of this post), the 5 longest winning streaks at 49.5% were four 27's and a 30, while the 5 longest losing streaks at 49.5% were 32, 27, and three 26's. It's interesting that you don't really see the house edge in operation there, in that the winning streaks were longer than the losing streaks "on average". (I know, you can't average streak lengths like that...):

Quote
W  L
30 32
27 27
27 26
27 26
27 26
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