My new favorite betting method. | Bitcointalksearch.org

angrybirdy

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Quote from: Mr. Magkaisa on December 07, 2023, 04:37:27 AM

- I've tried that method, to be honest. In the beginning, when I first did it, it was effective for me, but later I noticed and saw that it was not effective because the game provider could see the style you were doing.

His face will show you that he doesn't understand your tactics yet, but you don't notice that he is slowly eating the large amount that you won from them. Then there should be a lot of money with that kind of technique. Because if you want to last long in the game, your gambling fund must also be long.

I haven't try it yet, but I have my own strategy when it comes to betting and just like other gamblers, It may work on me but don't work to others. If you already see it as an effective way, meaning it gives you help to win but in the long run, you have to add or improve that method and insert your own strategy so in that way, you know what are your next steps to be able to win again.

Hirose UK

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Quote from: Mr. Magkaisa on December 07, 2023, 04:37:27 AM

- I've tried that method, to be honest. In the beginning, when I first did it, it was effective for me, but later I noticed and saw that it was not effective because the game provider could see the style you were doing.

My suggestion is that you have more than one betting method to be able to avoid things like that so that your chances remain optimal because whatever it is, if it can produce more wins, there must be an effort to prevent it.
Don't focus and only rely on one betting method if you really want the pleasure of playing with bets and optimizing opportunities.

Quote

His face will show you that he doesn't understand your tactics yet, but you don't notice that he is slowly eating the large amount that you won from them. Then there should be a lot of money with that kind of technique. Because if you want to last long in the game, your gambling fund must also be long.

It is loss if you stick only with methods that can be read by the provider or the house edge.
If you persist longer, it means you will lose larger amount of money, so what the point of using this method if you only get consecutive losses.
When we realize that the method used is no longer effective and the winning money is starting to be consumed, we immediately change the way we play or immediately move to another game with another provider.

Mr. Magkaisa

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- I've tried that method, to be honest. In the beginning, when I first did it, it was effective for me, but later I noticed and saw that it was not effective because the game provider could see the style you were doing.

His face will show you that he doesn't understand your tactics yet, but you don't notice that he is slowly eating the large amount that you won from them. Then there should be a lot of money with that kind of technique. Because if you want to last long in the game, your gambling fund must also be long.

Westinhome

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Quote from: Mate2237 on October 08, 2023, 04:11:00 PM

Today is meant for methods of betting. Well let see. I have not seen this method before and I don't think other members have played such method in the betting times. And from the stat your betting method, each US dollar is for one odd and that multiply to the next odd. And that becomes the $2=2odds that $1 to 1 odd. Well I will not argue with you because that is how you played your bet and win and I don't think it will also favour another person.

And I don't think using not to gamble for you is good because the day the bot will fall you, you will loss everything you have. Mostly the $10,000 to bet $10,000 is a give odd but if you loss that game, my brother you might hug transformer oh. So always gamble what you can loss. And it will not pain you.

Every one will had their own strategy to the game.If the gambler had loss the money in the gambling,he should rebuild their own betting method.The betting method also need to be calculated based the amount of the money you had lose in the gambling and the amount of the money.Because if you had 50 dollars,the strategy must be fixed for the fifty dollars and like wise if you had more money change the betting strategy to the new betting amount.The money holding was the cause of every game changing strategy in the game.

Yatsan

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More of a martingale strategy in my opinion; works to some but not with the majority. Not all gamblers are capable of increasing their bets ‘coz they tend to manage the risk. Losing will also take place which would be quite of a buffer if you are following a certain sequence.

Quote from: Mate2237 on October 08, 2023, 04:11:00 PM

Today is meant for methods of betting. Well let see. I have not seen this method before and I don't think other members have played such method in the betting times. And from the stat your betting method, each US dollar is for one odd and that multiply to the next odd. And that becomes the $2=2odds that $1 to 1 odd. Well I will not argue with you because that is how you played your bet and win and I don't think it will also favour another person.

And I don't think using not to gamble for you is good because the day the bot will fall you, you will loss everything you have. Mostly the $10,000 to bet $10,000 is a give odd but if you loss that game, my brother you might hug transformer oh. So always gamble what you can loss. And it will not pain you.

A bot will just follow what it is programmed with. If the strategy itself is faulty then qhat should we expect with the outcome? A good betting bot won’t fail following your demands as long as it is fixed or stable. No gambler would do something which would create a bigger risk on their funds, out of their betting tolerance. So if this works for OP maybe he has a lrge betting pool and hopefully it would be a good strategy for him in the long run.

Mate2237

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Today is meant for methods of betting. Well let see. I have not seen this method before and I don't think other members have played such method in the betting times. And from the stat your betting method, each US dollar is for one odd and that multiply to the next odd. And that becomes the $2=2odds that $1 to 1 odd. Well I will not argue with you because that is how you played your bet and win and I don't think it will also favour another person.

And I don't think using not to gamble for you is good because the day the bot will fall you, you will loss everything you have. Mostly the $10,000 to bet $10,000 is a give odd but if you loss that game, my brother you might hug transformer oh. So always gamble what you can loss. And it will not pain you.

darewaller

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Quote from: seoincorporation on August 02, 2023, 06:39:28 PM

I know, in the example looks like a lot of money to bet, but now think about starting from 0.00000002 BTC or better known as 2 satoshis, with increments of 1 satoshi, you can be betting in the long run with 0.001 btc.

To do this I hire a guy to make a betting bot for a casino, and is looking good, is really hard to find a losing run with it.

So, what do you think about this betting method, Has someone tried it in the past?

I think this is some variation of a martingale strategy because there is progression. The only difference of it is that the multiplier is also progressing but on a normal martingale, usually, it was only the bet is progressing but it can be stopped once a certain win is achieved and the base bet will return to normal again.

It seems you are serious about your project here because you said you hire a developer to create a bot for you but there are already existing bots out there like Mydicebot and Seunjie's Dicebot. You can use them for free or you can also ask someone to create a script for you using the strategy that you formulated there.

Webetcoins

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Quote from: uneng on August 05, 2023, 09:02:20 AM

Quote from: decodx on August 05, 2023, 05:51:51 AM

You might have overlooked the fact that with his method, you must also increase the multiplier with each bet. For instance, if you place a $6 bet, you should set a x6 multiplier, which would yield a $36 return if you win. So, the total wager would be $20, resulting in $36 won and a profit of $16.

As I see it, the math checks out, but the strategy still has a flaw when you encounter a long losing streak, which will ultimately deplete your entire balance sooner or later.

Wow, then it's more risky yet. A x6 multiplier consists in 16,5% winning chance at Stake platform. Meaning it's very likely you will reach this loss streak quite often along your gambling session, while it's very unlikely you will hit a winning with such odds in a frequent basis. After all, your loss streak will become a snow ball with slight chances of recory after 7-8 losses in a row. It actually seems more risky than Martingale on short run.

It might not be as risky as Martingale because Martingale strategy tends to empty your bankroll pretty quickly while this strategy will take some time if you have a pretty high bankroll, let's say $10k. And the risk of this strategy is exactly what you've mentioned, after every lost bet, your winning probability will start to decrease, so even if the odds are also increasing, there will be higher chances of hitting a long loss streak because of the house edge.

And, if there can be loss streaks as high as 25 to 30 in using Martingale where the winning probability is almost 50%, what can someone expect from this strategy, but, it might work if you have a very high bankroll and you are starting from a very small amount, but still, there is always the risk of losing everything you have since it's gambling.

o48o

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Quote from: seoincorporation on August 02, 2023, 06:39:28 PM

The logic behind this betting method isn't complex at all. You bet $2 on x2 and on the next bet you sum +1 to the bet amount and it looks something like this:

Code:

$2 - x2
$3 - x3
$4 - x4
$5 - x5
...
$10,000 - x10,000

I know, in the example looks like a lot of money to bet, but now think about starting from 0.00000002 BTC or better known as 2 satoshis, with increments of 1 satoshi, you can be betting in the long run with 0.001 btc.

To do this I hire a guy to make a betting bot for a casino, and is looking good, is really hard to find a losing run with it.

So, what do you think about this betting method, Has someone tried it in the past?

I am not saying this is a bad idea, as it's a good as idea as any. But it doesn't really differ from martingale as you are betting against house edge. Trying to find a system to beat that is like trying to find a system to break mathematical laws. It's a futile effort. It all comes back to luck, no matter how you look at statistics.

If dice would be beatable don't you think it would be beaten long time ago, most likely with some quantum computer solving the next outcome. Although that's just science fiction too.

goaldigger

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Quote from: dezoel on August 05, 2023, 10:02:54 AM

Well, we've always heard and seen that there isn't a single strategy in gambling that can actually make you win against the house in the long run. For the short term, even martingale strategy might provide you with some profits and prevent you from losses, but as time goes on and your wagers start to build up, you will eventually get a loss streak that will empty your bankroll and you will be left with nothing at all and then you will realize it's gambling and it's never a way to get constant profit.

I know that it would take more time and it might have a better success rate than Martingale since you are not doubling the amount after every lost bet but only adding 1x, since the odds are also increasing by 1x every time, it's possible to hit a higher loss streak with this strategy than Martingale.

Increasing the bet amount along with the multiplier can also drain your wallet faster than the usual.
Strategies like this are more prone to becoming greedy as you increase your bet over time. Yes, there’s no single strategy that can beat the house aside from winning and leave the house. This is gambling, we know gambler eagerly wants to create a strategy than can somehow beat the house, unfortunately until now we are still fully dependent with our luck.

BitcoinPanther

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Quote from: Chikito on August 05, 2023, 12:40:52 AM

Quote from: seoincorporation on August 02, 2023, 06:39:28 PM

So, what do you think about this betting method, Has someone tried it in the past?

Yes, I ever tried on freebitco. I just claim free satoshi and bet it like your example. But, playing like this is not long, I always lost after. We must have a target to manage to stop. without any targets when to stop, you will back to zero. Everyone has their own method to play comfortably. but the player must have adjust to circumstances and mood. we don't have play like that on every game. because sometime is not suitable with calculate and condition

Yeah a series of losing streak with this kind of method can easily sweep our balance away. This method requires a fund several times much bigger than the usual martingale if we wanted to play a little longer. With the increasing amount of wagering and the multiplier, if we are hit by bad luck our fund might not last for at least a minute or two. Aside from that with this kind of strategy we should be keen in observing when to reset our bet in order to not experience a continuous exponential lose from the series of red streak.

piebeyb

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Quote from: dezoel on August 05, 2023, 10:02:54 AM

Well, we've always heard and seen that there isn't a single strategy in gambling that can actually make you win against the house in the long run. For the short term, even martingale strategy might provide you with some profits and prevent you from losses, but as time goes on and your wagers start to build up, you will eventually get a loss streak that will empty your bankroll and you will be left with nothing at all and then you will realize it's gambling and it's never a way to get constant profit.

I know that it would take more time and it might have a better success rate than Martingale since you are not doubling the amount after every lost bet but only adding 1x, since the odds are also increasing by 1x every time, it's possible to hit a higher loss streak with this strategy than Martingale.

Yes that's right, I've also revamped a lot of strategies like martingale but nothing really works, I also thought I'd like to see the results the OP got like screenshots to share here how can he be sure that the strategy will work, so far a lot of strategy works what I made in the end is still the same, the system will read it then I lose.

Since then I have been more inclined to play in the casino just for fun, no matter how you win, just enjoy the game, winning is a bonus, if you lose, let's say I pay to enjoy the game, so there is no feeling of losing, gambling depends on how we set the pattern. he thought, always remembering that the house can never lose with any strategy and it is not easy to win big against them. just that Wink

dezoel

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Well, we've always heard and seen that there isn't a single strategy in gambling that can actually make you win against the house in the long run. For the short term, even martingale strategy might provide you with some profits and prevent you from losses, but as time goes on and your wagers start to build up, you will eventually get a loss streak that will empty your bankroll and you will be left with nothing at all and then you will realize it's gambling and it's never a way to get constant profit.

I know that it would take more time and it might have a better success rate than Martingale since you are not doubling the amount after every lost bet but only adding 1x, since the odds are also increasing by 1x every time, it's possible to hit a higher loss streak with this strategy than Martingale.

uneng

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Quote from: decodx on August 05, 2023, 05:51:51 AM

Quote from: uneng on August 04, 2023, 04:47:55 PM

Quote from: seoincorporation on August 04, 2023, 01:09:47 PM

That's why is an enormous difference between my method and martingale, they are totally different in the long run. And even if its a variance of Martingale, I feel this method deserve it's own name.

They have their differences, but on long run I don't think the result will be different... On both methods if you hit a long loss streak you are doomed and won't be able to continue playing, what inevitably happens sooner or later.

With your method, let's say I bet 2$, 3$, 4$, 5$ and lose all bets. Then I already have a 14$ loss. Next, I place a 6$ bet and 12$ return to the bankroll. It doesn't worth, because you put 20$ on the table to profit 6$ in the end. Then besides playing against the house, you are also struggling against your own strategy on long term. It may be good on short loss streaks, but not on the longer ones above 5 losses in a row, which are quite common.

You might have overlooked the fact that with his method, you must also increase the multiplier with each bet. For instance, if you place a $6 bet, you should set a x6 multiplier, which would yield a $36 return if you win. So, the total wager would be $20, resulting in $36 won and a profit of $16.

As I see it, the math checks out, but the strategy still has a flaw when you encounter a long losing streak, which will ultimately deplete your entire balance sooner or later.

Wow, then it's more risky yet. A x6 multiplier consists in 16,5% winning chance at Stake platform. Meaning it's very likely you will reach this loss streak quite often along your gambling session, while it's very unlikely you will hit a winning with such odds in a frequent basis. After all, your loss streak will become a snow ball with slight chances of recory after 7-8 losses in a row. It actually seems more risky than Martingale on short run.

decodx

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Quote from: uneng on August 04, 2023, 04:47:55 PM

Quote from: seoincorporation on August 04, 2023, 01:09:47 PM

That's why is an enormous difference between my method and martingale, they are totally different in the long run. And even if its a variance of Martingale, I feel this method deserve it's own name.

They have their differences, but on long run I don't think the result will be different... On both methods if you hit a long loss streak you are doomed and won't be able to continue playing, what inevitably happens sooner or later.

With your method, let's say I bet 2$, 3$, 4$, 5$ and lose all bets. Then I already have a 14$ loss. Next, I place a 6$ bet and 12$ return to the bankroll. It doesn't worth, because you put 20$ on the table to profit 6$ in the end. Then besides playing against the house, you are also struggling against your own strategy on long term. It may be good on short loss streaks, but not on the longer ones above 5 losses in a row, which are quite common.

You might have overlooked the fact that with his method, you must also increase the multiplier with each bet. For instance, if you place a $6 bet, you should set a x6 multiplier, which would yield a $36 return if you win. So, the total wager would be $20, resulting in $36 won and a profit of $16.

As I see it, the math checks out, but the strategy still has a flaw when you encounter a long losing streak, which will ultimately deplete your entire balance sooner or later.

Josefjix

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yes

Quote from: FatFork on August 04, 2023, 01:44:44 PM

Yes, but with your method, if you start with a $2 bet, by the 100th bet, you will already be wagering over $5000. So, either you have to have a significant amount in your account, or you have to start with a very low initial bet. Basically the same as the martingale strategy.

Always stepping up my strategy, no time to relent towards it or form a copy method from my colleagues. $2 is insufficient, but depending on the odds, you will reap precisely what you sow. The system cannot be manipulated. Wagering games with a lesser initial capital will inevitably result in losses and little gains when contrasted to the massive capital that will result in tremendous earnings. Doing what works for you, even if it means going it alone, as long as it generates profits. It's a long road ahead, but prepared for what ever comes our way.

Chikito

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Quote from: seoincorporation on August 02, 2023, 06:39:28 PM

So, what do you think about this betting method, Has someone tried it in the past?

Yes, I ever tried on freebitco. I just claim free satoshi and bet it like your example. But, playing like this is not long, I always lost after. We must have a target to manage to stop. without any targets when to stop, you will back to zero. Everyone has their own method to play comfortably. but the player must have adjust to circumstances and mood. we don't have play like that on every game. because sometime is not suitable with calculate and condition

Slow death

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I'm sorry for my ignorance, I don't play casino games that depend on luck, I prefer sports betting. but from what I'm reading the casinos also put limits on the amount of money people can bet on, especially when they realize that a person is having a lot of wins, so I suppose if you keep doing things like putting in 2$, losing, then putting 4$ then lose, then put 6$ lose, then put 6$ then lose, then put 32$ lose again, and then put 64$ and lose again, when you put 128$ the casino might not accept it and in that case if you were put a value lower than 128$ something like put back 64$ and you won then you would not make a profit

You wouldn't have recouped your loss either, so how do you intend to deal with the betting limits that casinos place? It seems to me that your strategy even when you make a profit is very low unless the person puts a lot of money, in which case when you put a lot of money initially and go on doubling the bet, you will reach the bet limit that the casino places and after that you won't have a way to bet so that you can at least recover your loss, I hope I'm wrong in my thinking or analysis

Blitzboy

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Thats a novel approach to gambling. You begin with two satoshis and increase by one with each iteration, right? Im so, very sorry! Put aside all comparisons. In any case, I think you understand.

Then its a machine carrying out your instructions. Cool! You may kick back with a drink while the bot makes your wagers. Please update me on how the robot is doing. Is your Bitcoin fortune now in the millions? Perhaps a millionaire could be of assistance.

As an aside, have you tried it? Nope. But I find it fascinating. I've never been treated like this before. It certainly grabs attention, but I cant say for sure that its fantastic.

uneng

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Quote from: seoincorporation on August 04, 2023, 01:09:47 PM

That's why is an enormous difference between my method and martingale, they are totally different in the long run. And even if its a variance of Martingale, I feel this method deserve it's own name.

They have their differences, but on long run I don't think the result will be different... On both methods if you hit a long loss streak you are doomed and won't be able to continue playing, what inevitably happens sooner or later.

With your method, let's say I bet 2$, 3$, 4$, 5$ and lose all bets. Then I already have a 14$ loss. Next, I place a 6$ bet and 12$ return to the bankroll. It doesn't worth, because you put 20$ on the table to profit 6$ in the end. Then besides playing against the house, you are also struggling against your own strategy on long term. It may be good on short loss streaks, but not on the longer ones above 5 losses in a row, which are quite common.

Topic: My new favorite betting method. (Read 631 times)