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Topic: How I made $80 easily with a $100 investment - page 3. (Read 3205 times)

legendary
Activity: 2492
Merit: 1018
November 29, 2015, 12:38:05 AM
#37
so that is just a different type of martingale the strategy that makes people loose bitcoins so i dont think thats a great investment to be honest its not investment at all thats just taking risk gambling

I think he has just withdraw coins after making some profits so he is lucky but he continue for some more time than surely he will lose all his coins

Thats part of the strategy i suppose after all you aren't playing to lose your money. There is a higher chance of losing your cash if you play more when the fact that the strategy isn't full proof.
hero member
Activity: 532
Merit: 500
November 29, 2015, 12:27:04 AM
#36
so that is just a different type of martingale the strategy that makes people loose bitcoins so i dont think thats a great investment to be honest its not investment at all thats just taking risk gambling

I think he has just withdraw coins after making some profits so he is lucky but he continue for some more time than surely he will lose all his coins
sr. member
Activity: 266
Merit: 250
November 28, 2015, 10:32:03 PM
#35
haha  Grin i really dont know if that works what you told there  Roll Eyes perhaps there is the possibility to loose also some of your stack? isnt it?
Anyways would be great to know how it is - And therefore i want to do a free copy for the Community and Use it to redeem the profit for all.

If it wiorks u will get higher income maybe ;=)

regards
lama-hunter
hero member
Activity: 910
Merit: 1000
November 28, 2015, 08:31:39 PM
#34
This strategy is actually incredibly risky. You would only be able to survive a streak of 12 losses before busing, however you are expected to lose two out of every three rolls, so you would only be able to survive a loosing streak that is 4x of what is expected (over the long run). If you were to increase the odds of winning (by lowering the payout) to something closer to 40 or 45%, then you would be able to survive a longer streak of losses, verses how often you are expected to lose.

Either way, martingale can be risky because of how quickly losses can add up, which makes it difficult to take gains after a loosing streak, because after even a moderate loosing streak you will often be in the red.

In the end the odds will always end up the same, I mean high risk always comes with high reward and low risk low reward. When you use a strategy to survive more you are also winning less and in the end you will have to play more meaning that you will end up having the same odds of loosing as using the high risk strategy.

If you use strategy to survive more means you have a more chances of winning but if you use high risk and high reward strategy in dice game I'm 100% sure you will lose all your coins after some time. So it is always good if you go slow and study than going very fast and lose every thing.
newbie
Activity: 56
Merit: 0
November 28, 2015, 07:09:55 PM
#33
well since you use small base bet, that is why you make good profit...
plus you make a lot more on 3x
this is good if you have large bank
hero member
Activity: 1624
Merit: 645
November 28, 2015, 06:46:34 PM
#32
This strategy is actually incredibly risky. You would only be able to survive a streak of 12 losses before busing, however you are expected to lose two out of every three rolls, so you would only be able to survive a loosing streak that is 4x of what is expected (over the long run). If you were to increase the odds of winning (by lowering the payout) to something closer to 40 or 45%, then you would be able to survive a longer streak of losses, verses how often you are expected to lose.

Either way, martingale can be risky because of how quickly losses can add up, which makes it difficult to take gains after a loosing streak, because after even a moderate loosing streak you will often be in the red.

In the end the odds will always end up the same, I mean high risk always comes with high reward and low risk low reward. When you use a strategy to survive more you are also winning less and in the end you will have to play more meaning that you will end up having the same odds of loosing as using the high risk strategy.
copper member
Activity: 2996
Merit: 2371
November 28, 2015, 05:46:02 PM
#31
This strategy is actually incredibly risky. You would only be able to survive a streak of 12 losses before busing, however you are expected to lose two out of every three rolls, so you would only be able to survive a loosing streak that is 4x of what is expected (over the long run). If you were to increase the odds of winning (by lowering the payout) to something closer to 40 or 45%, then you would be able to survive a longer streak of losses, verses how often you are expected to lose.

Either way, martingale can be risky because of how quickly losses can add up, which makes it difficult to take gains after a loosing streak, because after even a moderate loosing streak you will often be in the red.
hero member
Activity: 658
Merit: 500
November 28, 2015, 04:54:02 PM
#30
so that is just a different type of martingale the strategy that makes people loose bitcoins so i dont think thats a great investment to be honest its not investment at all thats just taking risk gambling
member
Activity: 70
Merit: 10
November 28, 2015, 04:51:25 PM
#29
This is the same as the old roulette trick of backing black until it comes up and when it does change to red. Every time it does not come up you double your bet. They will not let you do it in a real casino and if you try it online you get crazy averages. I got 13 blacks in a row one time.
sr. member
Activity: 406
Merit: 250
November 28, 2015, 04:43:42 PM
#28
Bet on Klitschlo tonight. 1.20 odds.
full member
Activity: 196
Merit: 100
November 28, 2015, 03:07:02 PM
#27
I tried this strategy many times but always lost and not gain a profit.. this is not a good stradegy and i know there's no strategy for now....
maybe luck and making a wise decision can make a profit...

yes whenever i play with martingae i loose what I all have Sad
legendary
Activity: 1638
Merit: 1046
November 28, 2015, 02:59:36 PM
#26
I tried this strategy many times but always lost and not gain a profit.. this is not a good stradegy and i know there's no strategy for now....
maybe luck and making a wise decision can make a profit...
full member
Activity: 196
Merit: 100
November 28, 2015, 02:59:28 PM
#25
$100 = 0.2840 Bitcoin.

I went on Primedice.com

This is the method that I was using.

Bet: 0.0001
Payout: 3

Every time you lose, increase your bet by x2.

Set the dice to over 66.6 & alternative after every few wins.

Be safe, and remember that there is no 100% way to win.

I lost half of it because I didn't realise that I started with 0.01 & lost after a few.


You just got lucky. Of course this is a good and probably the best strategy to play dice or rollete, but in the end you always loose all your money!

Very true and never really myself got that lucky ...
hero member
Activity: 504
Merit: 500
November 28, 2015, 02:57:46 PM
#24
$100 = 0.2840 Bitcoin.

I went on Primedice.com

This is the method that I was using.

Bet: 0.0001
Payout: 3

Every time you lose, increase your bet by x2.

Set the dice to over 66.6 & alternative after every few wins.

Be safe, and remember that there is no 100% way to win.

I lost half of it because I didn't realise that I started with 0.01 & lost after a few.


You just got lucky. Of course this is a good and probably the best strategy to play dice or rollete, but in the end you always loose all your money!
full member
Activity: 196
Merit: 100
November 28, 2015, 02:55:22 PM
#23
but at the same time u risked all your investment also.
hero member
Activity: 1624
Merit: 645
November 28, 2015, 02:25:52 PM
#22
This is a sure way to loose your money.

Why is people bitching about this? When you are gambling with a -EV you are always going to lose in the long term no matter what strategy and his strategy is not worse than other strategies so what's the big deal?
member
Activity: 116
Merit: 10
Poor guy next door.
November 28, 2015, 12:49:30 PM
#21
$100 = 0.2840 Bitcoin.

I went on Primedice.com

This is the method that I was using.

Bet: 0.0001
Payout: 3

Every time you lose, increase your bet by x2.

Set the dice to over 66.6 & alternative after every few wins.

Be safe, and remember that there is no 100% way to win.

I lost half of it because I didn't realise that I started with 0.01 & lost after a few.

well you was lucky but that was hard risk you dont ever relise how fast martingale kills you.
but well done on your win hope you win more
hero member
Activity: 778
Merit: 500
November 28, 2015, 12:44:57 PM
#20
If I play dice I am 100% sure that I will lose.

I like more playing roulette or some poker.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
November 28, 2015, 12:18:55 PM
#19
$100 = 0.2840 Bitcoin.

I went on Primedice.com

This is the method that I was using.

Bet: 0.0001
Payout: 3

Every time you lose, increase your bet by x2.

Set the dice to over 66.6 & alternative after every few wins.

Be safe, and remember that there is no 100% way to win.

I lost half of it because I didn't realise that I started with 0.01 & lost after a few.


Haha, congrats mate! But do you know how many people, me included, lost with exactly that strategy? A lot. You were lucky, that's good, grats, but if you continue to gamble with that strategy or any other strategy trying to make money from gambling you'll lose all you have.
sr. member
Activity: 319
Merit: 250
November 28, 2015, 11:01:03 AM
#18
Don't be greedy, and withdraw ASAP - the longer you have it in there, and the more you play, the more likely you are to lose it, be wise my friend.
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