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Topic: Martingale System - page 13. (Read 11565 times)

legendary
Activity: 1918
Merit: 1018
June 20, 2014, 10:30:47 AM
#35
You serious ?
If it was guaranteed we would all be millionaires...

You may win.. say $10k... then go again.. win another $10k... then go again and lose it all...

Do not do it...  its silly.. unless you have unlimited bank roll, which I am guessing you don't.

If you just want to have a bit of fun give it a go, but if you win. stop.... i repeat.. stop!

is it really worth the try. i'm curious about it and want to try it on freebitco.in. I also found a script online.

The fun about Martingale is to think it works so we are ruining the fun of many players, I almost feel bad Tongue

And don't stop when you won a lot; do one more bet to double up Grin
legendary
Activity: 910
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
June 20, 2014, 10:05:55 AM
#34
You serious ?
If it was guaranteed we would all be millionaires...

You may win.. say $10k... then go again.. win another $10k... then go again and lose it all...

Do not do it...  its silly.. unless you have unlimited bank roll, which I am guessing you don't.

If you just want to have a bit of fun give it a go, but if you win. stop.... i repeat.. stop!

is it really worth the try. i'm curious about it and want to try it on freebitco.in. I also found a script online.
sr. member
Activity: 338
Merit: 250
June 20, 2014, 09:58:14 AM
#33
Martingale works if you've got a lot of money and know to quit when ahead. If you bet 1 satoshi each time and have 1btc in the bank you can keep going until you get a decent win. Obviously just dont keep going or you'll loose at some point  Cheesy.
hero member
Activity: 782
Merit: 1000
June 20, 2014, 08:48:16 AM
#32

Quote
Thanks for this. i'll try this system but will not push to the limit.  Smiley 

It's not a system. It's a strategy. For every 10+ wins in a row there's an equal chance of losing 10x.
Say you're betting 1000 doge. If you need to overcome 10 losses it'll cost over 500,000 ...

There is no gambling strategy that gives you better odds of beating the house

I don't understand your explanation anyway


Yep, if you're using some betting system, just stop when you're in profit or you will lose all.
legendary
Activity: 1918
Merit: 1018
June 20, 2014, 08:36:48 AM
#31

Quote
Thanks for this. i'll try this system but will not push to the limit.  Smiley 

It's not a system. It's a strategy. For every 10+ wins in a row there's an equal chance of losing 10x.
Say you're betting 1000 doge. If you need to overcome 10 losses it'll cost over 500,000 ...

There is no gambling strategy that gives you better odds of beating the house

I don't understand your explanation anyway
newbie
Activity: 7
Merit: 0
June 20, 2014, 07:17:51 AM
#30

Quote
Thanks for this. i'll try this system but will not push to the limit.  Smiley 

It's not a system. It's a strategy. For every 10+ wins in a row there's an equal chance of losing 10x.
Say you're betting 1000 doge. If you need to overcome 10 losses it'll cost over 500,000 ...
full member
Activity: 252
Merit: 100
Streamity Decentralized cryptocurrency exchange
June 20, 2014, 06:34:23 AM
#29
always same its just about luck
because you will win in first session but you can lose all in next session, if you want try your luck go ahead, but for me it's too enough for playing gamble for earn bitcoin
legendary
Activity: 1918
Merit: 1018
June 20, 2014, 05:12:05 AM
#28
I dont belive in this.

You don't believe there is a simple system available to anyone that allows you to become extremely rich in a matter of days without any efforts? Grin Grin
full member
Activity: 154
Merit: 100
June 20, 2014, 03:57:29 AM
#27
tried this, worked on non scam play money casinos (not real money)
in reality this will not work
newbie
Activity: 56
Merit: 0
June 20, 2014, 03:44:58 AM
#26
I dont belive in this.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
June 20, 2014, 03:10:42 AM
#25
I really suggest everyone not to do martingale since it's not working, but if you do it, than try using empty prerolls. Make X number of bets with 0 bet ammount and than start your martingale normaly.

That won't change your odds such as your betting pattern won't change your strategy it will change your variance and your perception on your losses/winnings
Also, none of the bets influence each other. It is impossible for a sure win after a 19 lose streak, for example.
legendary
Activity: 1918
Merit: 1018
June 20, 2014, 02:48:57 AM
#24
I really suggest everyone not to do martingale since it's not working, but if you do it, than try using empty prerolls. Make X number of bets with 0 bet ammount and than start your martingale normaly.

That won't change your odds such as your betting pattern won't change your strategy it will change your variance and your perception on your losses/winnings
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
June 18, 2014, 11:37:27 PM
#23
I really suggest everyone not to do martingale since it's not working, but if you do it, than try using empty prerolls. Make X number of bets with 0 bet ammount and than start your martingale normaly.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
June 18, 2014, 09:18:02 PM
#22
is it really worth the try. i'm curious about it and want to try it on freebitco.in. I also found a script online.

I had tried martingale on freebitco.in and made a good profit to almost 100k satoshi in a day. The next day i played again and guess what, i ended up with zero balance.

Now i m giving up and quit.

I lost about 270k, they have fixed game, like every other casino, they wont let you leave them bankrupt.
There's a reason why they included the gambling part in their faucet and ads.
hero member
Activity: 782
Merit: 1000
June 18, 2014, 08:25:29 PM
#21
is it really worth the try. i'm curious about it and want to try it on freebitco.in. I also found a script online.

I had tried martingale on freebitco.in and made a good profit to almost 100k satoshi in a day. The next day i played again and guess what, i ended up with zero balance.

Now i m giving up and quit.

I lost about 270k, they have fixed game, like every other casino, they wont let you leave them bankrupt.
full member
Activity: 252
Merit: 100
Streamity Decentralized cryptocurrency exchange
June 18, 2014, 08:24:57 PM
#20
is it really worth the try. i'm curious about it and want to try it on freebitco.in. I also found a script online.
dont try martingale for long term i'v try a couple time on many site if you use for longterm you loss everything because system can read your trick
so if you want try it on short term i hope you have luck with this method
newbie
Activity: 15
Merit: 0
June 18, 2014, 08:08:15 PM
#19
You will always loose if you use martingale on long term. At some point you will finish your limited budget!
sr. member
Activity: 322
Merit: 252
Here I Am !!
June 18, 2014, 05:45:37 PM
#18
is it really worth the try. i'm curious about it and want to try it on freebitco.in. I also found a script online.

I had tried martingale on freebitco.in and made a good profit to almost 100k satoshi in a day. The next day i played again and guess what, i ended up with zero balance.

Now i m giving up and quit.
sr. member
Activity: 448
Merit: 250
June 18, 2014, 05:02:37 PM
#17

Risking 171BTC to make a satoshi is putting martingale into perspective

I want to answer to OP : try it for free, you will see that you will win sometimes and lose sometimes Wink No betting strategy beats an house edge

martingale can beat it. the only catch is, you need enough money that you will literally, never ever run out. with bitcoin's finite supply, this is actually impossible. Wink
legendary
Activity: 1918
Merit: 1018
June 18, 2014, 05:00:07 PM
#16
As i allready explained somewhere , martingale is not a good system enough, since you have to have like 100 BTC to be able to make 0.001 per day with a really fast script to be on the safe side.

There are a lot of people that can confirm that 34 streaks (non winning numbers) happened , now to transform that in numbers:

1-0.00000001
2-0.00000002
3-0.00000004
4-0.00000008
5-0.00000016
6-0.00000032
7-0.00000064
8-0.00000128
9-0.00000256
10-0.00000512
11-0.00001024
12-0.00002048
13-0.00004096
14-0.00008192
15-0.00016384
16-0.00032768
17-0.00065536
18-0.00131072
19-0.00262144
20-0.00524288
21-0.01048576
22-0.02097152
23-0.04194304
24-0.08388608
25-0.16777216
26-0.33554432
27-0.67108864
28-1.34217728
29-2.68435456
30-5.36870912
31-10.73741824
32-21.47483648
33-42.94967296
34-85.89934592

Sum till this bet is 171.79869183 BTC, Are you still sure you want to do martingale?



Risking 171BTC to make a satoshi is putting martingale into perspective

I want to answer to OP : try it for free, you will see that you will win sometimes and lose sometimes Wink No betting strategy beats an house edge
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