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Topic: How To Double Your Bitcoins Using Martingale Strategy - page 2. (Read 1848 times)

member
Activity: 72
Merit: 10
Drunk Lunatic
In fact martingale is the worst beting system for long run - usually works well for short ones (still with some risk, especially with too high inital bet), but will almost always rape Your ass totally if You'll try to rely on it for longer time. Non-progression based systems, or at least "weaker" progression is advised.
member
Activity: 84
Merit: 10
Good thing I bookmarked this link, got to use it so often already instead of having to explain it myself every time.:
http://coinbits.com/2013/01/05/how-to-bet-efficiently-on-satoshidice-and-why-you-shouldnt-use-the-martingale-method/

TL;DR: Martingale is no trick to give you better chances.

Nice link. I think I was just super lucky then.
sr. member
Activity: 364
Merit: 250
Good thing I bookmarked this link, got to use it so often already instead of having to explain it myself every time.:
http://coinbits.com/2013/01/05/how-to-bet-efficiently-on-satoshidice-and-why-you-shouldnt-use-the-martingale-method/

TL;DR: Martingale is no trick to give you better chances.
hero member
Activity: 742
Merit: 502
Circa 2010
Strategies don't exist  Grin

Grats on doubling your coins though!

Yeah, if it's truly random there isn't really a strategy that can adequately deal with variance, even with a giant bankroll.
hero member
Activity: 504
Merit: 500
Strategies don't exist  Grin

Grats on doubling your coins though!
member
Activity: 84
Merit: 10
Hi gamblers,

I just gambled for the first time with my Bitcoins. I tried it at Just-dice.com

I made a video of my gambling session and like to share it with you:
http://www.shortingbitcoins.com/how-i-doubled-my-bitcoins-on-just-dice-com-betting/

As you can see I doubled my bitcoins using the "Martingale" strategy with a little twist of mine.

Let me know what you think of it Smiley
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