I find way to win on dice - page 10.

UmerIdrees

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Quote from: Fishy001 on October 05, 2022, 03:54:35 AM

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

I know this method very well and it will never work. You have started with an initial bet of 20$, even if you start with 1$ bet, there will be times that you will keep losing even going 10 times or 20 times, or even more. In fact, there will be a time when the bet amount will be so significant that you will not have funds for it and eventually you will lose. This martingale strategy is hazardous; newbie gamblers usually lose big money as they always think this strategy is fool proof.

madnessteat

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Haha. The author of this thread is very naive. I thought everyone had already learned that the Martingale strategy does not give any guarantees of winning. Once I was so naive and lost the biggest sum in my life. After that I learned that you can lose as many times as you want in a row, and since any player's deposit is finite, eventually it will lead to a loss because you can't increase your bet.

RealMalatesta

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Quote from: Fishy001 on October 05, 2022, 03:54:35 AM

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

Doing so will only make your losses big and how sure you are you won't fail on the 7th time? Of course this isn't true. Even if you say that you are playing with a higher win chance, there's always a possibility that your loss streaks will exceed beyond your expectations.

This is the magic of every gambling sites. They will try to trick you first that you are winning but once your are comfortable and you try to increase your bets, that's going to be the time that they will get you. Your method is called martingale. This is popularly used on dice games. Up until now I've seen lots of players who are doing this despite knowing the fact that it was very risky.

Stalker22

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With all the gambling strategies being sold nowadays, it is not surprising to come across someone claiming to be making money by using martingale. It is a common misconception.

The martingale system is one of the most common betting strategies and is mainly used by inexperienced gamblers. The idea behind this method is that you are bound to win eventually and when you do, the payout will cover all your previous losses. However this method is a complete waste of time and money as you will never win against a casino in the long run.

The bottom line is: The martingale strategy is not the way to win in any casino game. It can comfort gamblers by winning their lost amounts back but they lose all in the end. My advice, do not try this method in any casino game!

Saisher

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Quote from: Fishy001 on October 05, 2022, 04:12:21 AM

If you have 50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.
at least for short term you must be extremly unlucky to to fail with it. Or have casino games rigged.

It's wishful thinking, I used to have this kind of mindset when I was starting out, will someone spend $50k chasing his loss using martingale, I would like to remind you there is such a thing as extreme lack of luck betting in dice, the martingale sounds interesting and looks like a winning strategy, but none of us here have proven and recommended it, why not try it for $500 and see where it will get you, better dig deeper before announcing that you have discovered a winning method Cheesy

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coin-investor

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Quote from: Fishy001 on October 05, 2022, 03:54:35 AM

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

I have seen this newbie post so many times about doubling up for every loss bet, thinking that you will eventually regain everything after the 7th roll which is a big misconception and trap, you can never be sure that the 7th roll will regain everything you've bet, I've been there and play it so many times the house edge will eventually beat you, the losing roll could go up to the 15th and you need a huge bankroll to cover, even if you're a whale you will lose your bankroll, if your guide works then no casinos will exist, all bettors will just use the martingale and voila you beat the casino.

I'll forgive you for being so naive, we all started from this, being naive.

Daltonik

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Quote from: Fishy001 on October 05, 2022, 03:54:35 AM

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

Well, I wish you good luck in using "your method" and still hope that you will show us your success in using the martingale strategy if you have enough funds to continue the game.

Pierre 2

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This method was considered to be good one to cut your losses, but not guarentees your winning chance. If you asked me I would prefer just setting a goal and limiting my bet. It would work far better than your system cause: you stop playing after you hit your limit, you take profits and go away if you hit your goal. In summary, gambling is a way to win by your luck. There is no guarenteed method (unless its fixed game)

hosseinimr93

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Quote from: danherbias07 on October 05, 2022, 06:16:53 AM

It works if you are that rich.

What do you mean by being rich? Do mean owning 1 million dollars? No, it still won't work.
It works only if you have an unlimited amount of money (which is not possible).
With bigger money, you are allowed to lose more bets in a row. But take note that you have to win more times as well.

danherbias07

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It works if you are that rich. Who says you will not fail at the 7th time? It could go on until the 20th time and maybe more.
And if you don't have enough money you won't even reach the 10th time so you will have to give it up.
Remember the house will always win, I even have a thought of while you are increasing your bet, the chances of winning begin to go lower.
I don't recommend this method for beginners, it's pure gambling and not a strategy. The risk is way too high too.

panjul07

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Frankly speaking I thought that I will read the same story about martingale strategy when I read your title, and I was right.
If you think that it is the way for you to win on dice, do it as much as you can and let us know about your final result.
Before you find this method, I'm quite sure there many other players used this method before you.
Can you find any story where players become rich because of such method/strategy on dice game?

Quote from: Fishy001 on October 05, 2022, 04:12:21 AM

If you have 50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.
at least for short term you must be extremly unlucky to to fail with it. Or have casino games rigged.

Even if you have unlimited budget, you will lose eventually because you may reach the step where you cant continue your bet due to max winning limit per bet.
Saying there is no way to get 20 reds in a row is completely wrong mindset, bear in mind that every single roll is independent which means that your previous roll does not affect the next roll.
You can even get 10 red in a row with 90% winning chance (I experienced it myself long time ago) but luckily I did not do martingale as I did flat betting only for wagering purpose.

dothebeats

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Quote from: Fishy001 on October 05, 2022, 03:54:35 AM

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

You must not have gotten too deep into dice. Even with 49.5% odds there is a huge possibility that you can sink into a lose streak that is more than 7 times. Longest I've had is 15 and if I followed your method, I'd be out in the game in just a few seconds. Also, changing bet size is IMO not a sound strategy that can help you increase your win probability. It's all luck in dice at the end of the day. Changing bet size helps you make the most out of the greens that will help you make or break, but it's not a gaming strategy.

Solosanz

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@OP if you think that's method have 100% guarantee you will keep winning on dice, why you're not trying yourself and post the result here after you gamble for consecutive 7 days?

You don't need to start to bet higher amount like $20, just start from 1 satoshi or 0.00000001 BTC and if you lose just double your bet, so you wouldn't lose to much.

Simple logic, if martingale method is work on gambling, why there's many casinos still survive until now?

Jemzx00

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Quote from: Fishy001 on October 05, 2022, 03:54:35 AM

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

This is the most common strategy out there for dice games and it is called the "Martingale Strategy". A lot of us have already tried it and it doesn't always work as expected. Also, I suggest that you lower your initial bet which is less than 20$ and try at a smaller value such as 1$ or less. This way you can maximize your winning rate and avoid losing most or all of your bankroll instantly. One of the key factors for this strategy is your bankroll as you will need a lot of it in case you'll encounter a losing streak that is more than 7 times which usually happens.

hosseinimr93

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Quote from: Chato1977 on October 05, 2022, 05:20:24 AM

So I think sharing most of your strategy will help more gamblers to beat the casino houses .

In the ling run, that's impossible. The house edge guarantee that the casino will not lose.

Quote from: Chato1977 on October 05, 2022, 05:20:24 AM

but at least for those that needs only small capital and not that much as 50k? this is a High amount to start with.

Did you read the posts made above?
Regardless of you start with 1 dollar or 1 million dollars, it's impossible to succeed.
With martingale strategy, not only you don't increase the chance of winning, but also you decrease your chance.

crwth

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I think everyone who has tried gambling and who has researched somewhat came across with Martingale strategy. For sure, using this method, somehow someway everyone has experienced a winning time and also a losing time. And when you have that losing streak, that’s going to be the most challenging feeling and make you question your actions if you are going to continue gambling or not.

Then you will realise it’s just going to be by luck and you can’t really take advantage of a strategy since it still has a possibility to lose. Be careful and control your money.

Chato1977

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Quote from: Fishy001 on October 05, 2022, 03:54:35 AM

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

Checking the thread you created ? you looks like a truly Good in gambling mate , just like what the last post you created in which about because of your continuity in winning as Duelbits limit you from betting amount .

https://bitcointalksearch.org/topic/m.61060360

So I think sharing most of your strategy will help more gamblers to beat the casino houses .

but at least for those that needs only small capital and not that much as 50k? this is a High amount to start with.

dimonstration

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Dimon69

Quote from: Fishy001 on October 05, 2022, 03:54:35 AM

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

This will not gonna work, You can still loss 50 times straight or more for that winning percentage. You are using an abnormal martingale strategy which very risky considering how huge the money you are betting including the bet increase. Maybe it work on your case that losing streak is not over 7 but that doesn’t mean it’s the limit since everyone that playing will win most of the time if your theory was true and also it’s statistically impossible to be honest.

This is a dangerous suggestion and might risk newbie to lose huge funds in case they read your thread and follow it. Lock this and move on.

hosseinimr93

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Quote from: Fishy001 on October 05, 2022, 04:12:21 AM

If you have 50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.

It's surely possible. Even more loses in a row is very likely. You will finally lose. Be sure of that.

Assume that you have 50,000 dollars. You want to double it and the house edge is only 1%.
If you play at 2x multiplier, you have 49.5% chance to double your balance and 50.5% chance to lose your balance.

Now assume that I try to double my 50,000 dollar using martingale strategy.
I set the base amount to only 5 cents. If I lose the bet, I will double the bet amount and if I win the bet, I return the bet amount to 5 cents.

Let's do some calculations and see if my chance increases.
I can continue until I lose 20 bets in a row.
As with every win I win only 0.05 cents, to double my initial balance, I must win 1 million bets.

The chance to lose 20 bets in a row is 0.505^20. That's only 0.000117%. Till now every thing is OK.

To double my balance, I have to win 1 million times.
The chance of not losing 20 times in a row until you win 1 million bets is (1-0.00000117)^1,000,000. That's 31%.

Therefore, the chance to increase your balance with martingale strategy is 31% while the chance to that with a single bet was 49.5%.
This is how martingale strategy decreases the chance of success.

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Quote from: Fishy001 on October 05, 2022, 04:12:21 AM

If you have 50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.

What makes you think that? Can you back that up by providing relevant data? Each new roll has no connection to the previous ones and you always have an equal chance to roll red or green.

If you start with a $20 initial bet, and double your bet on every loss, you'll burn through your $50,000 balance with just 10 reds in a row. Even if you start with a $1 initial bet, you'll burn through $50k with just 14 reds in a row. And, if you've gambled long enough, you'd know that a bad streak of 14 reds in a row is quite possible.

Topic: I find way to win on dice - page 10. (Read 2101 times)