How many Bitcoins needed for martingale

warwar

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Quote from: Gotomoon on September 14, 2017, 01:08:08 PM

Ive been into playing of dice game and tried martingale strategy it never worked for long. Actually it depends on your base bet, whatever strategy you have it will never worked good for long. Eventually you will lose the game and just waste of money.

You will really loss, its not mean that if you use martingale startegy is a sure win for you . It would really not for in the long run because mostly based on my experience at first you will win but later on lossing . It is not a waste of money if you are just playing for entertainment but the case of you is you play for profit and using that strategy you are just thinking that you will always win . Gambling is a cycle sometimes you win sometimes you loss

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Quote from: eagleman on September 15, 2017, 03:07:10 AM

Quote from: Gotomoon on September 14, 2017, 01:08:08 PM

Ive been into playing of dice game and tried martingale strategy it never worked for long. Actually it depends on your base bet, whatever strategy you have it will never worked good for long. Eventually you will lose the game and just waste of money.

Martingale never worked for me either. I'm tired of trying it again and again, the progress gave me an headache so I never tried to do it again. Those gamblers that are saying it is working to them and gave them good profit it's up to them or they are just lucky enough for trying. But for those people that wants to try out, try it and see for yourself.

If you want martingale to work for you, you must first find the minimum number of shots you have to give before winning any bet. Apparently, you don't have much luck in gambling; at least your words convey this message.

Once you calculated that number, divide your amount according to martingale method and then try it. It will work few times for sure. However, don't increase your betting amount in any case.

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Quote from: preevi on August 18, 2017, 12:27:21 AM

As much as you have, you can use all your bitcoin
Because martingale strategy need much balance to get profit
Not only need big balance you should have big luck
Or you will lose all your balance with this strategy

If you use all your bitcoins in martingale method then mostly you will lose all your bitcoins in one go for sure because in this method no one can tell you how many continuous losses you can get while playing so you should have the unlimited bankroll for that to happen otherwise you will mostly lose all your bankroll. Don't waste your money in experimenting such a dangerous method. Just play with a small bankroll and check your luck.

Yeah it is a waste of time. It is quite better to just bet your money on 50% and all in it than doing martin gale. Doing an all in is quite
just the same as doing a martin gale on your whole amount. It is quicker and a possibly more profitable than just martin gale-ing it.

I will not trust this martingale method in online gambling. But I can trust land based gambling there the house will not cheat players. But in online, this is not safe because we don't know that game is running randomly or some bot will control that game. If they make a program like is anyone start to use martingale method it only favours to the house then that's it you can use your full bankroll you will never get a green number.

not really, if anything, it's easier for most irl / land based casinos to cheat you; in the current state of online casinos (bitcoin based casinos anyways) we have the provably fair system, which allows us to not simply trust, but to verify the results of our plays and outcomes. compare this to a real casino, where you've no choice but to trust the system. there does not exist a way to verify every roll you've played, weather it be the slot machines or a table game where the cards are shuffled by a machine (well it's been a machine that shuffles them in every casino that I've been to anyways) where you can't tell what's going on in there. for all we know, they could be cheating us right in front of our faces. I'm sure there are government regulations they have to follow and all that, and their systems are probably tested for fairness regularly, but still, not exactly reassuring.

lorylore

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Regardless how many bitcoin you have, as long as the house edge exist, the expected value for any kind of martingale or bankroll is always negative. That means, you will lose in the long run.

EdenHazard

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Quote from: eagleman on September 15, 2017, 03:07:10 AM

Quote from: Gotomoon on September 14, 2017, 01:08:08 PM

Ive been into playing of dice game and tried martingale strategy it never worked for long. Actually it depends on your base bet, whatever strategy you have it will never worked good for long. Eventually you will lose the game and just waste of money.

Martingale never worked for me either. I'm tired of trying it again and again, the progress gave me an headache so I never tried to do it again. Those gamblers that are saying it is working to them and gave them good profit it's up to them or they are just lucky enough for trying. But for those people that wants to try out, try it and see for yourself.

no wonder people still trying to make money through martingale strategy. it is so smoothly working indeed in the short term but in the long run when you try to do it continuously , everything that you have earned will gone for nothing. it is useless.

more losses are waiting when you insist to chase a lost in purpose to get back your money.

Omega Weapon

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Quote from: pixie85 on September 10, 2017, 02:06:12 PM

Quote from: MANCRYPTOS on September 03, 2017, 04:29:23 AM

2) To play with Martingale you need unlimited balance to recover losses

Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway.

I think also betting sytem like in dice game has limited of maximum of sometimes 0.1 maximum bets to 1 btc so unlimited will never recover your loses you will just losing all of your money and bitcoin for nothing using martingale and gambling is just for lucky person if you are not lucky you will not make any profit..
So better to gamble that you can afford to lose play for entertainment or fun not for making dream and make a large profit in gambling..

You're right. It only makes things more interesting. Instead of betting the same amount all the time you're varying bets based on the outcome of the previous rolls, but in reality your chances remain the same. Martingale gives players fake hope.

Martingale will always be anticipated by every single casino.
You might win in the first or second rolls , but keep getting losing streaks in the end.
Don't ever try martingle , you will have a lot of regret , that is what people have experienced , and i just told you guys , it is the most attractive and dangerous strategy.

Casinos are prepared to face martingale, the most important protection they put in their games against such a strategy is the bet limit, that way no matter how low your bet is at some point you are going to hit that limit and your martingale strategy is going to fail, besides the martingale strategy requires a huge bankroll something that most players do not have, so it is important to forget about such a flawed strategy.

eagleman

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Quote from: Gotomoon on September 14, 2017, 01:08:08 PM

Ive been into playing of dice game and tried martingale strategy it never worked for long. Actually it depends on your base bet, whatever strategy you have it will never worked good for long. Eventually you will lose the game and just waste of money.

Martingale never worked for me either. I'm tired of trying it again and again, the progress gave me an headache so I never tried to do it again. Those gamblers that are saying it is working to them and gave them good profit it's up to them or they are just lucky enough for trying. But for those people that wants to try out, try it and see for yourself.

el kaka22

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Quote from: Linuld on September 12, 2017, 12:22:01 PM

Quote from: Omega Weapon on September 12, 2017, 11:49:06 AM

Quote from: pixie85 on September 10, 2017, 02:06:12 PM

Quote from: MANCRYPTOS on September 03, 2017, 04:29:23 AM

2) To play with Martingale you need unlimited balance to recover losses

Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway.

Something no matter how unlikely if you gave it enough time is going to eventually happen, having enough money to 30 bets is not enough, having money for 40 or 50 bets is not enough, if you keep playing is going to happen, this is why you see stories of people losing a fortune in the casino because they think it is never going to happen to them, that they are never going to lose 31 times in a row, but it happens all the time.

How many bets are not mattered, while using martingale method the betting amount continuously increasing. sometimes you are ready to play with the high amount to win martingale run. for this reason only all the sites will put one limit you can not place more than that limit. so you must accept your defeat. investing in martingale method is a waste of money.

For online gambling sites, where there is a limit to the amount you can bet with, using martingale is not a good idea. This method is beneficial if someone starts with placing bets of small amount and increases it every time. This way he can gamble more and his chance of winning also increases. Luck can show mercy in 10 or 15 shots definitely.

Gotomoon

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Ive been into playing of dice game and tried martingale strategy it never worked for long. Actually it depends on your base bet, whatever strategy you have it will never worked good for long. Eventually you will lose the game and just waste of money.

KennyR

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Some users interpret the martingale technique to be an winning strategy, the real fact is that it's an method used to minimize the loss. For this large volume backing is a must without which one cannot use the strategy. There is no specific number of bitcoin required for martingale method.

milewilda

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Quote from: LuanX3 on September 14, 2017, 12:14:32 PM

Quote from: JL421 on September 14, 2017, 11:30:22 AM

Quote from: phr0stbyt3 on September 03, 2017, 12:22:36 AM

Martingle is the worst strategy in gambling it's impossible to win with this strategy these strategies are free money for the site or the casino martingle strategy doesn't provide much chances of winning and if you try it with few funds after every win no matter what you get 2 losses which will take up all your bankroll

it is right martingle strategy is just a easy profit for the site you are gambling on it simple drains your bankroll to actually make profit or have some chance you need a high bankroll and still the chance of getting profit is really less always avoid martingle strategy

Not really, martingle is actually a good system, however it is flawed because it assumes something which is impossible, that is, having infinite amount of bankroll and there is infinite limits per bet. Generally it could work, but because the gambling site has house edge, then that really prevents you from profiting using martin gale systems. It is not a bad system, it's just not affective.

I can still consider as a bad system though because i do have really bad experiences on using this stuff.We do have different views but this thing do really sucks and i do believe no matter how big your bankroll is it can really wipe it out in a matter of short period.Even you do have millions of money if losing streak hits you then say goodbye to your money.

LuanX3

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Quote from: JL421 on September 14, 2017, 11:30:22 AM

Quote from: phr0stbyt3 on September 03, 2017, 12:22:36 AM

Martingle is the worst strategy in gambling it's impossible to win with this strategy these strategies are free money for the site or the casino martingle strategy doesn't provide much chances of winning and if you try it with few funds after every win no matter what you get 2 losses which will take up all your bankroll

it is right martingle strategy is just a easy profit for the site you are gambling on it simple drains your bankroll to actually make profit or have some chance you need a high bankroll and still the chance of getting profit is really less always avoid martingle strategy

Not really, martingle is actually a good system, however it is flawed because it assumes something which is impossible, that is, having infinite amount of bankroll and there is infinite limits per bet. Generally it could work, but because the gambling site has house edge, then that really prevents you from profiting using martin gale systems. It is not a bad system, it's just not affective.

JL421

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Quote from: phr0stbyt3 on September 03, 2017, 12:22:36 AM

Martingle is the worst strategy in gambling it's impossible to win with this strategy these strategies are free money for the site or the casino martingle strategy doesn't provide much chances of winning and if you try it with few funds after every win no matter what you get 2 losses which will take up all your bankroll

it is right martingle strategy is just a easy profit for the site you are gambling on it simple drains your bankroll to actually make profit or have some chance you need a high bankroll and still the chance of getting profit is really less always avoid martingle strategy

EdenHazard

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Quote from: Omega Weapon on September 08, 2017, 09:09:42 PM

Quote from: EdenHazard on September 03, 2017, 02:03:25 AM

Quote from: BossMacko on September 01, 2017, 10:58:55 PM

In a 49% chance expect a losing streak 50+ even 1 BTC is not enough if you are going to use martingale as your strategy even if you start with 1 satoshi. There are many better strategies than martingale. Sometimes you need to combine some of strategies to make a better one but you can only use it sometimes because if you will do it everyday in the end you will lose every balance you have.

yes that is true , people should realize soon about the danger using martingale.

otherwise your money will get burned no matter how much available. keep doubling your bet are not the best and smart way to gamble , it is just make your situation even more messed up. everybody nowadays have know already about this , don't get greedy and make a stupid martingale useless strategy.

People get fooled very easily thanks to their greed, some promote martingale as a strategy that wins 99% of the time, people see this and get excited and think they have found a way to beat the casino, but what those people never tell you is that when you hit that 1% you are going to lose your entire bankroll and that is why we got so many stories about people losing their money with such a flawed strategy.

yes i do believe those people who gamble use martingale strategy every single time they have lost their mind to become a normal player. greedy has take over yourself to be rushed not in calm down. that is the common mistakes , just try to avoid that.

martingale are a way to lost your money faster more than you expected.

boyptc

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Quote from: maeusi on September 12, 2017, 01:45:36 PM

Then maybe we should look at another coin to play with. The lowest possible bet, I saw, was 0.00000001 doge, but those bets are really slow. Per bet around 2-3 seconds. The power to run a device is more expensive than the profit.

If you just want to try it and you don't want your bitcoins to be touched. Other coins are good for this type of experimental and you can just trade it afterwards when you have won. And for those people out there that wants to try martingale, make sure that you decided it and you are ready for the consequences with your big bankroll.

maeusi

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Quote from: NorrisK on September 12, 2017, 03:37:14 PM

Quote from: pixie85 on September 10, 2017, 02:06:12 PM

Quote from: MANCRYPTOS on September 03, 2017, 04:29:23 AM

2) To play with Martingale you need unlimited balance to recover losses

Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway.

Do you even realize what you are saying here?

30 losses with a 0.0001 starting bet would mean that you would bet 107374.1824 on your 30th bet.

That is basically unlimited already.

EDIT: Even betting 1 satoshi as starting bet would mean you need almost 11 bitcoin on your 30th bet. Keep dreaming.

Then maybe think in 0.00000001 doges as base bet.

NorrisK

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Quote from: pixie85 on September 10, 2017, 02:06:12 PM

Quote from: MANCRYPTOS on September 03, 2017, 04:29:23 AM

2) To play with Martingale you need unlimited balance to recover losses

Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway.

Do you even realize what you are saying here?

30 losses with a 0.0001 starting bet would mean that you would bet 107374.1824 on your 30th bet.

That is basically unlimited already.

EDIT: Even betting 1 satoshi as starting bet would mean you need almost 11 bitcoin on your 30th bet. Keep dreaming.

ahmia39

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Btc needed for gambling with martingale strategy is as much as you have. The most important in gambling is limit you can to achieve. Because whatever amount bitcoin we have if no limit, then losing is the thing we absolute achieve.

Aamir1

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Martingale is a kind of an strategy which needs a lot more bitcoins than we expect it would. As posted earlier by someone, 10 bitcoins can let you survive 29 loses, and if you hit another lose after that, you are out of money. And sometimes it doesn't even stop giving loses to you and you suddenly start thinking what's happening. I think if someone has enough bitcoins to afford to play martingale strategy, then they should simply use those bitcoins for something else and avoid the risk of losing them.

maeusi

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Then maybe we should look at another coin to play with. The lowest possible bet, I saw, was 0.00000001 doge, but those bets are really slow. Per bet around 2-3 seconds. The power to run a device is more expensive than the profit.

Topic: How many Bitcoins needed for martingale (Read 1782 times)