Topic: Martingale in Sportbooks n Free Tipster - page 5. (Read 3185 times)
Idea and your spirit is very good. However, before you use it will be way better, you do research about the Martingale system, because so many have stuck in the system and most of them get less satisfying results.
I also think martingale can be used in sportsbook and it can worked there if we made good research about playing teams than we can find the better way to make some profit and can keep us into profitable way by betting on sports events.
After 3 hours hard play, Ying Zang win a match.
Result of ** Qianhui Tang - Ying Zhang (To Win Match = Qianhui Tang) odds 1.55 in 10mBTC ** LOSE -10mBTC
Bankroll 308mBTC (from 300mBTC)
Next bet is ** Dragos Dima - Teodor-Dacian Craciun (To Win Match= Dragos Dima) odds 1.55 in 40mBTC **
Result of ** Qianhui Tang - Ying Zhang (To Win Match = Qianhui Tang) odds 1.55 in 10mBTC ** LOSE -10mBTC
Bankroll 308mBTC (from 300mBTC)
Next bet is ** Dragos Dima - Teodor-Dacian Craciun (To Win Match= Dragos Dima) odds 1.55 in 40mBTC **
I never thought Martingale method can be used in the game sportsbook, but if you do arbitration it very safe .
Martingale will never go well.
Martingale will never go well.
this method already exist in dice. you can adjust your odd to be 1.5x and use the same method. but if you calculate the probability, you will be still in the disadvantage.
Martingale in sports and martingale in dice game is totally different, in dice you dont have control of win , but in sports you can predict if you do analysis and research of game and teams.
I have tried this martingale and won some times, but what above user told about arbitration is correct, in sports going for martingale is better to go for arbitration, like if you are betting for over 2.5 on high odd then when the odd comes to low favrite that time you can take arbitration and in both situation you will be in profit, that is the benefit of sportsbook
Martingale wont work in the dice site, but u have a different opinion about martingale in sportbook, because in sportbook you have the chart and updated news to decide your bet, so i think martingale in sportbook can work
Well i also use martingale for sports betting but only some bigger odds, i think odds under 2 are very risky for martingale because it required very big bankroll there or we have to get start with very low amount for betting there.
Using martingale in any format of gambling is always risky from my opinion and with soportsbook we must find secure option for betting because we know some events give us guaranteed win but pick option for betting is really tricky thing but i never use martingale in betting.
Edit: http://i.imgur.com/WS49qSv.png
Rule applied in the above spreadsheet for profit = total investment- return, which as you can see is not worth the profit it brings, plus the investment is huge since you're 3xing after every bet.
Rule applied in the above spreadsheet for profit = total investment- return, which as you can see is not worth the profit it brings, plus the investment is huge since you're 3xing after every bet.
Sorry for my mistake and my bad english. i used 4x after every bet with odds 1.5. i will edit later in first page
Are you even looking at the total investment plus the profit it brings?? Its too RISKY.
Here you go, if you even 4x it, the profit turns to 0.01 but the risk with it increases as well.
I don't know about you but I wouldn't invest that much money to win 0.01 BTC. Its ridiculous.
Edit: http://i.imgur.com/WS49qSv.png
Rule applied in the above spreadsheet for profit = total investment- return, which as you can see is not worth the profit it brings, plus the investment is huge since you're 3xing after every bet.
Rule applied in the above spreadsheet for profit = total investment- return, which as you can see is not worth the profit it brings, plus the investment is huge since you're 3xing after every bet.
Sorry for my mistake and my bad english. i used 4x after every bet with odds 1.5. i will edit later in first page
Are you even looking at the total investment plus the profit it brings?? Its too RISKY.
Here you go, if you even 4x it, the profit turns to 0.01 but the risk with it increases as well.
I don't know about you but I wouldn't invest that much money to win 0.01 BTC. Its ridiculous.
Edit: http://i.imgur.com/WS49qSv.png
Rule applied in the above spreadsheet for profit = total investment- return, which as you can see is not worth the profit it brings, plus the investment is huge since you're 3xing after every bet.
Rule applied in the above spreadsheet for profit = total investment- return, which as you can see is not worth the profit it brings, plus the investment is huge since you're 3xing after every bet.
Sorry for my mistake and my bad english. i used 4x after every bet with odds 1.5. i will edit later in first page
Edit:..
What happened? There was a chart showing the martingale bets just 3 minutes ago. Also OP, I wouldn't recommend you martingale in sportbooks. 10+ loss streaks are rare, but they sometimes happen and you'll go bust.
Edit:..
Also OP, I wouldn't recommend you martingale in sportbooks. 10+ loss streaks are rare, but they sometimes happen and you'll go bust. And that's if you even have that much bank to last that long.
Follow your filling and follow market prediction, dont forget to study about the game you will bet on it. To simple, just follow my bet.
Result of ** Sporting Kansas City - Real Salt Lake (Total Goals Over/Under = Over 2.5) odds 1.85 in 10mBTC ** WIN Profit 8.5mBTC
Bankroll 318mBTC (from 300mBTC)
Next bet is ** Qianhui Tang - Ying Zhang (To Win Match = Qianhui Tang) odds 1.55 in 10mBTC **
Result of ** Sporting Kansas City - Real Salt Lake (Total Goals Over/Under = Over 2.5) odds 1.85 in 10mBTC ** WIN Profit 8.5mBTC
Bankroll 318mBTC (from 300mBTC)
Next bet is ** Qianhui Tang - Ying Zhang (To Win Match = Qianhui Tang) odds 1.55 in 10mBTC **
Edit: 
Rule applied in the above spreadsheet for profit = total investment- return, which as you can see is not worth the profit it brings, plus the investment is huge since you're 3xing after every bet.
After having 5 consequent losses, which can happen, you'll be down 1.21 BTC and to win it back with the same method, you'd have to make the next bet worth 2.43 BTC to win back what you lost + 0.005 BTC. The 0.005 BTC is the maximum win per bet, if you start with 0.01 and it remains the same throughout. You'd have to be nuts to try this.
Rule applied in the above spreadsheet for profit = total investment- return, which as you can see is not worth the profit it brings, plus the investment is huge since you're 3xing after every bet.
After having 5 consequent losses, which can happen, you'll be down 1.21 BTC and to win it back with the same method, you'd have to make the next bet worth 2.43 BTC to win back what you lost + 0.005 BTC. The 0.005 BTC is the maximum win per bet, if you start with 0.01 and it remains the same throughout. You'd have to be nuts to try this.
I never thought Martingale method can be used in the game sportsbook, but if you do arbitration it very safe .
Martingale will never go well.
Martingale will never go well.
In gambling, any method will not work for a long time because in most of these calculations we can't add one factor and which is LUCK. Luck is a very critical thing, and one need to win money from gambling on a regular basis. This method may work until one don't get a continuous loses. So gamble carefully and good luck to all.
I think the tipster is a bit too confident with his picks, as he is basically betting that he won't lose 2 consecutive bets. You should consider lowering your bet at least so you can sustain 3 losses in a row.
Doesn't the Martingale system require nearly even money or 2.00 odds for it to function?
Nope. You can martingale with any multiplier, including x1.01. You just need to change how much you increase it by. If you use x1.01, you would need to increase your bet by 10000% (x100) when you lose to win back your loss and and gain the original profit back. If I bet 100 satoshis at x1.01, and lost, I would then bet 10100 satoshi which if it won, I would win 101 satoshis making my net profit (assuming this is the first 2 bets) 1 satoshi.
i think martingale and market prediction is the best key to keep balance in bankroll. Charles lose coz he used big odds and parlay game.
Result of** Bhambri P / Chilumula N - Momkoonthod T / Yadlapalli P (To Win Match Bhambri P / Chilumula N) odds 1.45 in 10mBTC ** WIN Profit 4.5mBTC
Bankroll 310mBTC (from 300mBTC)
Next bet is ** Sporting Kansas City - Real Salt Lake (Total Goals Over/Under = Over 2.5) odds 1.85 in 10mBTC **
Result of** Bhambri P / Chilumula N - Momkoonthod T / Yadlapalli P (To Win Match Bhambri P / Chilumula N) odds 1.45 in 10mBTC ** WIN Profit 4.5mBTC
Bankroll 310mBTC (from 300mBTC)
Next bet is ** Sporting Kansas City - Real Salt Lake (Total Goals Over/Under = Over 2.5) odds 1.85 in 10mBTC **
well i just planning for doing martingale too...
but only for 2.0 or at least 1.98 odds with the same game..
like following 1 player..
but only for 2.0 or at least 1.98 odds with the same game..
like following 1 player..
Doesn't the Martingale system require nearly even money or 2.00 odds for it to function? I am not much of a dice player but I know that such big losing streaks seen on dice sites are not common for sportsbetting because with sports players it's easier to guess who is the slight favorite. But I am not sure if Martingale will work with odds less than 2.00 in the long run. I am not a math expert but I think it needs even odds and equal chances for both players to win for it to work correctly. You can correct me if I am wrong.
Martingale in sportbooks or anywhere else is same. You need to have huge bankroll for martingale, even that will not work if there is bet limit (and on many places you have it).
I see you started to calculate: " Bankroll 300 mBTC, first bet 10 mBTC....bet no. 2 30 mBTC ( op wrote 40 ), bet no. 3 90 mbtc, bet no. 4 ups there is no bet no. 4 cause you don't have 270 mBTC cause you already lost 130 mBTC ( 10 mBTC + 30 mBTC + 90 mBTC).
But if OP have good knowledge about sports he betting on, then his chances for this to succeed are much higher.
Theoretically OP have chance to make some money like this, but chances to lose everything with martingale are also high never forget that. After hours of playing and making money its only need few minutes to lose everything!
Yeah technically its quite same, it just depends on bet limit. Bet limit itself is the main factor in martingale, because it is directly related to how much bankroll we need to keep it safe. So, since the bet limit of sportsbook is higher than dice, then the balance we need also must be high, at least 100 times of bet limit. I see you started to calculate: " Bankroll 300 mBTC, first bet 10 mBTC....bet no. 2 30 mBTC ( op wrote 40 ), bet no. 3 90 mbtc, bet no. 4 ups there is no bet no. 4 cause you don't have 270 mBTC cause you already lost 130 mBTC ( 10 mBTC + 30 mBTC + 90 mBTC).
But if OP have good knowledge about sports he betting on, then his chances for this to succeed are much higher.
Theoretically OP have chance to make some money like this, but chances to lose everything with martingale are also high never forget that. After hours of playing and making money its only need few minutes to lose everything!
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