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Topic: Martingale System - page 9. (Read 11565 times)

sr. member
Activity: 266
Merit: 250
June 25, 2014, 07:30:14 PM
WHat about this, http://en.wikipedia.org/wiki/Kelly_criterion? Has anyone tried it before?

I don't think there's any foolproof methods with games of chance. If there was casinos would be out of business.
You can count cards in blackjack. This will give you a slight positive EV for each bet.
full member
Activity: 152
Merit: 100
June 25, 2014, 02:29:30 PM
Its more like martinfail.

Think about it for a sec, if it worked, then everyone would be doing this..
JJB
full member
Activity: 131
Merit: 100
June 25, 2014, 01:48:22 PM
But what if you do?  Cheesy And any amount of gambling will fail you eventually.
sr. member
Activity: 406
Merit: 250
Bitcoin Mixer: https://BitLaunder.com
June 25, 2014, 01:38:41 PM
every martingale system will fail you, because you dont have a infinite amount of bank roll.
full member
Activity: 211
Merit: 100
June 25, 2014, 01:36:29 PM
We have developed new betting script for freebitco.in.
It is NOT based on Martingale's strategy, and it can be used for gambling with any
multiplier.
It showed better results than our previous Martingale based script, so far.
Script can be found here http://phptaskforce.net/rabbitscript

phpTaskForce Team
newbie
Activity: 28
Merit: 0
June 25, 2014, 07:27:11 AM
WHat about this, http://en.wikipedia.org/wiki/Kelly_criterion? Has anyone tried it before?

I don't think there's any foolproof methods with games of chance. If there was casinos would be out of business.

you have a point there sir. I think there is no really easy way and i think that the faucet can detect if im using the system. hmmm
sr. member
Activity: 270
Merit: 250
June 25, 2014, 06:52:26 AM
WHat about this, http://en.wikipedia.org/wiki/Kelly_criterion? Has anyone tried it before?

I don't think there's any foolproof methods with games of chance. If there was casinos would be out of business.
hero member
Activity: 782
Merit: 1000
June 25, 2014, 06:14:12 AM
WHat about this, http://en.wikipedia.org/wiki/Kelly_criterion? Has anyone tried it before?
hero member
Activity: 896
Merit: 1000
June 25, 2014, 05:53:49 AM
it will never work you end up losing all bankroll in 24 losing streak which happen in 500k roll .
legendary
Activity: 1232
Merit: 1195
June 25, 2014, 05:08:39 AM
Um, no. I won big using the martingale system. Why are you so against people making money this way? I didn't say it was foolproof. Any way is a gamble and throwing your money at it the 'regular' way isn't exactly safer or even more 'fun'. I'd recommend people not even gamble at all to be honest.
DrG
legendary
Activity: 2086
Merit: 1035
June 25, 2014, 04:28:08 AM
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 just don't understand why people are developing a lot of scripts and wasting a lot of time coding to exploit a FAUCET. Yes, freebitco.in is ofcourse a faucet. And the answer to your question - Martingale will always give you loss unless and until you have infinite money to lose. And surely you don't have that because that is the reason you are visiting a faucet.

It won't always give you a loss. In fact, I won big the first two times I used it, but that was just luck. If you carry on using it you will lose. As with all gambling it's knowing when to quit whilst you're ahead.

You clearly do not know what the Martingale system is if you are winning big.  You are supposed to bet small, but repetively and keep nipping away until you win, then restart at a small bet.  Perhaps you meant you went onto 10 rounds of fail and then won, in which case you actually came close to completely failing.

So sad that people can't even enjoy gambling without having a system now lol. Gonna hit the craps table again.  Last time some old geyser tossed my wife a $1k coin at Wynn for being hot roller - easiest money we ever made  Grin
sr. member
Activity: 270
Merit: 250
June 25, 2014, 04:11:50 AM
How much did you win? And did you lose eventually?  Grin
legendary
Activity: 1232
Merit: 1195
June 25, 2014, 03:48:39 AM
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 just don't understand why people are developing a lot of scripts and wasting a lot of time coding to exploit a FAUCET. Yes, freebitco.in is ofcourse a faucet. And the answer to your question - Martingale will always give you loss unless and until you have infinite money to lose. And surely you don't have that because that is the reason you are visiting a faucet.

It won't always give you a loss. In fact, I won big the first two times I used it, but that was just luck. If you carry on using it you will lose. As with all gambling it's knowing when to quit whilst you're ahead.
legendary
Activity: 1246
Merit: 1029
June 25, 2014, 12:14:02 AM
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 just don't understand why people are developing a lot of scripts and wasting a lot of time coding to exploit a FAUCET. Yes, freebitco.in is ofcourse a faucet. And the answer to your question - Martingale will always give you loss unless and until you have infinite money to lose. And surely you don't have that because that is the reason you are visiting a faucet.
full member
Activity: 166
Merit: 100
June 25, 2014, 12:04:31 AM
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 strategy has proven to not work.
sr. member
Activity: 266
Merit: 250
June 24, 2014, 08:16:30 PM
It's gambling. You can't say "it works" or "it doesn't work". To some extent, it does work, just like betting all your life savings on a 50% roll might also work, and it might fail. What you can say for sure however, is that it's not guaranteed to make you a profit.
However, you can make the probability that you will make a profit as high as you want -- 99.9% if you like. The tradeoff is that the profit you will make will be very small relative to the amount you will lose in that 0.1% case. (This is true even if the house imposes relatively low limits. You just need to make some small tweaks to the system. However, it will mean that you may need to play for a *very* long time.)
Meaning you'd need infinite funds for it to work. I've been able to make profits using martingale, but I've also lost doing so. It might be a better strategy than any other, but it's no guarantee, that's all I'm saying.
You would need infinite funds for it to work with 100% certainty (you would also need an unlimited house limit).

As long as your bankroll and the house limit is sufficiently above the minimum wager then you have a decent chance of winning. 
sr. member
Activity: 297
Merit: 250
June 24, 2014, 07:40:28 PM
#99
Martingale system sucks due to the 1% house. So don't do it.
hero member
Activity: 565
Merit: 501
S> Cheap SocialMedia Hype's
June 24, 2014, 07:34:44 PM
#98
Its worth trying, alot of fun, but dont cry when its all over Smiley
full member
Activity: 182
Merit: 100
June 24, 2014, 06:57:35 PM
#97
there is a good casino with a bot that works for unlimited time?
Primedice has automated betting. You can easily try martingale there, just fill out the right numbers and decide how many rolls you want to automate.
newbie
Activity: 22
Merit: 0
June 24, 2014, 02:40:09 PM
#96
there is a good casino with a bot that works for unlimited time?
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