Topic: Make money with martingale applied to dice game ? - page 4. (Read 913 times)
Well i don't think there are a lot of streaks that go 20 rolls, whether it's a win or not. If you have enough money to play for 20 losses, and that would be a considerably big amount, you have higher chances than most dice players.
So if we do martingale with a bank that can support 20-25 loose, we will definitly make money
Why don't you try it with very large bankroll and tell us how it went for you? Go out there and risk couple of thousand dollars to win few satoshi, but don't come here to complain when you reach max bet limit, lose all money and realize how stupid was to try martingale in first place
10^30= 5,368,709,120 sats which is basically 53 BTC. So its a crazy huge bankroll and risk just to make a gauranteed 10 sats win.
Except it's not guaranteed. If it were, I would remortgage my house and use the funds to set up multiple bots on multiple betting sites to constantly run Martingale and make me a constant guaranteed profit. Doesn't matter if the payout is only a few satoshi each time - with enough bots I can make thousands of bets per minute and turn a huge profit. But it doesn't work like that. Run the bots for long enough, and the only thing guaranteed is that they will all go bust.
Basically the chances of rolling 25 losses in a row is very rare, however not impossible.
The issue is that if you want to have insurance and say "Impossible to get 30 losses in a row" then you will need a huge huge bankroll and your basebet will only be like 10 sats.
Basically say you think that 30 losses in a row is impossible, and your base bet is 10 sats then.
10^30= 5,368,709,120 sats which is basically 53 BTC. So its a crazy huge bankroll and risk just to make a gauranteed 10 sats win.
Not worth it.
The issue is that if you want to have insurance and say "Impossible to get 30 losses in a row" then you will need a huge huge bankroll and your basebet will only be like 10 sats.
Basically say you think that 30 losses in a row is impossible, and your base bet is 10 sats then.
10^30= 5,368,709,120 sats which is basically 53 BTC. So its a crazy huge bankroll and risk just to make a gauranteed 10 sats win.
Not worth it.
Many people tried it and technically you can martingale if you deposit very big money like 100k USD and play to win 50 cents, but is it worth the risk and time involved? You're depositing large money and grinding the system to leave with $100 by the end of the day? You could earn much more trying to arbitrage.
You're underestimating exponential growth, and cumulative balance loss. It will only take you 15 losses in a row from 0.5$ to not be able to bet the last bet for profit. You could either stop and leave the site with 32.768 USD, or bet it as a last ditch to get 60% of your balance back.
I had an idea to try out martingaling once on PD. They were giving free money at the time so I got like $10 and went on a martingale spree with a very small bets at first to be able to keep it going. I got something like 15 losses in a ro and RIP the dream 
Many people tried it and technically you can martingale if you deposit very big money like 100k USD and play to win 50 cents, but is it worth the risk and time involved? You're depositing large money and grinding the system to leave with $100 by the end of the day? You could earn much more trying to arbitrage.
Many people tried it and technically you can martingale if you deposit very big money like 100k USD and play to win 50 cents, but is it worth the risk and time involved? You're depositing large money and grinding the system to leave with $100 by the end of the day? You could earn much more trying to arbitrage.
Maybe you can win at the beginning but I can ensure that nobody can win the house for sure, they can let you win just a small amount for 1,2 or maybe 3 days but at the 4th day if you keep playing dice the same you'll see 30 red in a row for sure and you think you can stand 30 red in a row or not? LOL.
Consecutive hitting red is only natural martinfail will always be against your ideal profit every time you roll a red you double the bet however constantly hitting red that is unbearable to watch.
But my friend good news you can also do martingale in larger percent of winning.
Good luck.
But my friend good news you can also do martingale in larger percent of winning.
Good luck.
IMO martiangle only work in short term so if you want quick profit , just martiangle.
If you have guts, you can gamble with massive amount rather than long term gambling ( I'm ever experience it some time in past )
In long run, I'm prefer using high risk high reward ( winning chance 0.01% )
If you have guts, you can gamble with massive amount rather than long term gambling ( I'm ever experience it some time in past )
MARTINFALE : call it with its proper name.
It might only work in short period : in the long run you will bust for sure.
It might only work in short period : in the long run you will bust for sure.
In long run, I'm prefer using high risk high reward ( winning chance 0.01% )
Even you set your base bet into 1satoshi and let's say you have 10btc. That's not a guaranteed. Gambling won't boom if there is such thing guaranteed.
Even with such ridiculous numbers as a bet of 1 satoshi (1/200th of a single cent) and a bankroll of 10 BTC ($55,000), you still only need a streak of 30 bets to go bust. Sure, you could probably run Martingale for quite a while with those numbers, but run it long enough and you will go bust. But you are just as likely to go bust on your first run as you are on your 1 millionth run.
If Martingale actually meant you would "always win", as OP put it, then gambling simply wouldn't exist. Over time, the house always wins, otherwise the house goes bust and no longer operates.
Even how much your bankroll. Martingale will drained that easily. 20-25 reds? that's not the highest red streak i've heard for how many years i'm playing dice. Some experience more than that. They won't call it martinfail for nothing. Even you set your base bet into 1satoshi and let's say you have 10btc. That's not a guaranteed. Gambling won't boom if there is such thing guaranteed.
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Lol! Again?
NO!
You’ll risk a 20-25 bankroll to win 1.
Then, if you win 1, you can try again, and you risk 20-25 again to win 1. Until you lose everything.
Bye.
NO!
You’ll risk a 20-25 bankroll to win 1.
Then, if you win 1, you can try again, and you risk 20-25 again to win 1. Until you lose everything.
Bye.
Hello, I know martingale is useless for long term for dice game but if you have a big bank and can support 1 serie of 20 loose, you will always win no ,?
The world record for the roulette is one serie of 26 red , it will never happen again,the odd are just very low
So if we do martingale with a bank that can support 20-25 loose, we will definitly make money
The world record for the roulette is one serie of 26 red , it will never happen again,the odd are just very low
So if we do martingale with a bank that can support 20-25 loose, we will definitly make money
https://bitcointalksearch.org/topic/does-martingale-really-works-610339
https://bitcointalksearch.org/topic/is-martingale-profitable-1376827
https://bitcointalksearch.org/topic/why-martingale-is-pure-shit-4963525
https://bitcointalksearch.org/topic/losing-a-martingale-is-easier-than-you-think-1319603
https://bitcointalksearch.org/topic/martingale-and-roulette-4847009
https://bitcointalksearch.org/topic/how-to-win-using-martingale-system-1751207
https://bitcointalksearch.org/topic/martingale-for-win-my-own-experience-2995887
https://bitcointalksearch.org/topic/my-method-for-easy-btc-1332831
https://bitcointalksearch.org/topic/just-another-example-of-martingale-lose-1501737
https://bitcointalksearch.org/topic/is-the-martingale-working-or-not-2570086
Read up all the links and you will able to seek out the answer.
Do you truly think 26 is the highest possible streak?
Even if we know the chance it's very low, you still need big amount of bankroll, find casino which have low minimum bet amount and self-control to stop betting while you're in profit.
Additionally, some casino have upper-limit of wager/winning amount when user make a wager which prevent martingale at some point.
Even if we know the chance it's very low, you still need big amount of bankroll, find casino which have low minimum bet amount and self-control to stop betting while you're in profit.
Additionally, some casino have upper-limit of wager/winning amount when user make a wager which prevent martingale at some point.
Hello, I know martingale is useless for long term for dice game but if you have a big bank and can support 1 serie of 20 loose, you will always win no ,?
The world record for the roulette is one serie of 26 red , it will never happen again,the odd are just very low
So if we do martingale with a bank that can support 20-25 loose, we will definitly make money
The world record for the roulette is one serie of 26 red , it will never happen again,the odd are just very low
So if we do martingale with a bank that can support 20-25 loose, we will definitly make money
Nope.
First of all, there is absolutely no guarantee that you will only lose 25 times in a row. It doesn't matter if you have lost 2 or 25 in a row - with a house edge of 1% on most crypto dice games, you have exactly a 50.5% change of losing again. Assuming otherwise is known as the Gambler's fallacy. The world record is actually a series of 26 black in a row, and millions were lost during this streak as gamblers wrongly assumed (as you have done) that red was more likely to come up next.
Secondly, assuming an initial bet of only $1 (and therefore, a profit on every run of only $1), the bankroll needed to support a losing streak of 25 is $33,554,432. If you are willing to risk $33.5 million to potentially win $1, then I have a bridge to sell you.
MARTINFALE : call it with its proper name.
It might only work in short period : in the long run you will bust for sure.
It might only work in short period : in the long run you will bust for sure.
Tried martingale a lot of times already and it all goes down to nothing. Imagine going on a loosing streak then bet 2x the amount of your regular bet on the 3rd or 4th bet after loosing consecutively. That's not how to make money in gambling but more on how to loose your money in gambling. It may work to others but its not applicable to everyone.
This strategy has often been discussed indeed the amount of funds that are large with a bet of 0.0010% of the total balance will benefit,this system is popular in dice betting so its commonplace for everyone to know.In the case of roulette its done often by a number of gamblers but in bad use on one number its difficult,well sometimes it works by choosing black or red.
You'll lose all your bankroll if you keep on betting. If you always make money from a casino then there's something wrong with their system.
In the first few sessions you can win multiple times with a huge bankroll but once you hit that profit mark expect the next set of rolls to be losing ones because that's how gambling works.
Having a big bankroll won't always result in a win and decreasing your bet size won't reduce your losses.
In the first few sessions you can win multiple times with a huge bankroll but once you hit that profit mark expect the next set of rolls to be losing ones because that's how gambling works.
Having a big bankroll won't always result in a win and decreasing your bet size won't reduce your losses.
Hello, I know martingale is useless for long term for dice game but if you have a big bank and can support 1 serie of 20 loose, you will always win no ,?
The world record for the roulette is one serie of 26 red , it will never happen again,the odd are just very low
So if we do martingale with a bank that can support 20-25 loose, we will definitly make money
The world record for the roulette is one serie of 26 red , it will never happen again,the odd are just very low
So if we do martingale with a bank that can support 20-25 loose, we will definitly make money
No. In the game of chance including roulette game you can still get more than 26 red. Make some more research and you will find there are cases that the red streak is upto 40 or some maybe more. Do you think you are the first one to think about this? If this will surely give profit, you wouldn't be able to see roulette games these days as many people will do it and the gambling site will bankrupt
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