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Topic: My new favorite betting method. - page 2. (Read 628 times)

legendary
Activity: 3752
Merit: 1415
August 04, 2023, 04:37:50 PM
#66
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?
NBA.

Every "method" has its flaws there is no full proof way to consistently beat the casinos or it would be replicated by everyone and eventually there wouldn't be any casinos.  Gamble for fun if you win great if you lose oh well have fun doing it.  Maybe it works maybe it doesn't I'd like to see some data behind all of your bet results to see how much if any you swing the odds into your favor.
full member
Activity: 1708
Merit: 126
August 04, 2023, 03:18:25 PM
#65
initially looked at this thread like something new but it turns out to be like a little martingale method and Im not going to try it just to test the game or luck in any case. I mean the martingale strategy, even if its in small amounts, it won't work because everyone will end up losing and draining the balance, especially in dice games. I often play dice when slot games seem to be away from me but its all the same I will never win using any strategy.
but to be honest I appreciate the OP effort in sharing the experience with the new mode from martingale maybe if only to just test everything is fine but will fail in the end.


The method for the game which doesn't match all the game.The strategy of one gambler may or mayn't apply to other gambler.Dice game is the game had the capable to make a man rich or drain the entire money and make him poorest person.Both the capacity was hold by the dice game,but most of the people favorite game will be dice.Even my favorite game was dice as compared to the other game.The reason behind my wish is,we can get to the know the result of the dice game in short run as compared t other game.Their is no strategy work for the gambling,only can play with the probability.

This strategy is like martigale method. It's too risky especially if you would set specific amount. Yes, it could be profitable in the beginning but it wouldn't be that successful in the long run. It could be profitable but could also be a reason for you to lose everything you have in an instance.
This method will only be good to those who are willing to take huge risks but not to those who want to control and limit their gambling expences and activities so we bettwr be wise if ever we want to try this strategy.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
August 04, 2023, 02:53:57 PM
#64
I wonder how profitable anyone can be using this method of yours.
 This betting method of yours is very risky and doubt if there's any good chance of getting a win out of it.  With each bet comes a higher amount with an increasing risk. And when the risk in our bets is very high it's easy to lose it. Why not make it the other way round as with each bet going forward you lower the risk while you make higher the bet amount, the chance of winning in this way is much better
The strategy is just a way to lose. It is the worst strategy that I can can think of. To be increasing your betting amount with higher odd. He also supposed to compare games too.

IfI am gambling in casino, I go for just 3 odds to be the highest and I do not go more than that.

In football or sport, to even see 2 odds is very hard. The good clubs are given small odds and this makes what he said not to be real.

In casinos, somethings I can use martingale strategy, but which is very risky too. I still prefer it to this one which is more risky. With martingale strategy, you do not need to increase the odds that you are using to bet, it can be 3 odds and it should not be more than that and going higher from a little betting amount. I can do this up to 3 times and the final result will be the last one that I will gamble that day because it is a very simple means to lose money significantly also if your plan fails after you have played like 3 to 5 times.
hero member
Activity: 1652
Merit: 518
OrangeFren.com
August 04, 2023, 01:46:07 PM
#63
initially looked at this thread like something new but it turns out to be like a little martingale method and Im not going to try it just to test the game or luck in any case. I mean the martingale strategy, even if its in small amounts, it won't work because everyone will end up losing and draining the balance, especially in dice games. I often play dice when slot games seem to be away from me but its all the same I will never win using any strategy.
but to be honest I appreciate the OP effort in sharing the experience with the new mode from martingale maybe if only to just test everything is fine but will fail in the end.


The method for the game which doesn't match all the game.The strategy of one gambler may or mayn't apply to other gambler.Dice game is the game had the capable to make a man rich or drain the entire money and make him poorest person.Both the capacity was hold by the dice game,but most of the people favorite game will be dice.Even my favorite game was dice as compared to the other game.The reason behind my wish is,we can get to the know the result of the dice game in short run as compared t other game.Their is no strategy work for the gambling,only can play with the probability.
legendary
Activity: 1624
Merit: 2594
Top Crypto Casino
August 04, 2023, 01:44:44 PM
#62
My method: At the end of the run you double up the total betting amount, let's say you bet a total of $50 in 100 bets and win in the last one, you get back $100.

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.

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.
legendary
Activity: 3346
Merit: 3125
August 04, 2023, 01:09:47 PM
#61
Let me explain the difference between martingale and my method:

Martingale: at the end of the run, your profit equals the initial bet. For example:

$2 on x2 - lose
$4 on x2 - lose
$8 on x2 - lose
$16 on x2 - win

Profit=$2

My method: At the end of the run you double up the total betting amount, let's say you bet a total of $50 in 100 bets and win in the last one, you get back $100.

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.
sr. member
Activity: 644
Merit: 262
August 04, 2023, 01:00:35 PM
#60

So, what do you think about this betting method, Has someone tried it in the past?
I wonder how profitable anyone can be using this method of yours.
 This betting method of yours is very risky and doubt if there's any good chance of getting a win out of it.  With each bet comes a higher amount with an increasing risk. And when the risk in our bets is very high it's easy to lose it. Why not make it the other way round as with each bet going forward you lower the risk while you make higher the bet amount, the chance of winning in this way is much better
hero member
Activity: 2170
Merit: 530
August 04, 2023, 12:32:47 PM
#59
It's always this that's the more interesting part in a gambling game that you know very well is tilted toward the house. Exploring and experimenting different strategies are the fun side in dice games. It's always fun trying to beat the house. At the end of the day, however, we know very well that strategies can't defeat the house edge. It will always prevail in the end. It's math. 

As to your strategy, it's my understanding that the lower the winning probability is, the bigger the bet. Will this not bankrupt your bankroll faster?
I think yes it will make his bankroll faster, for me yes this one could help but not all the time. Martingale is quite useful yes and we can't deny the fact that many people are using that strategy and getting a success. But we cannot use that all the time, not all the time he will win and the thing is he needs a larger amount of money to do that strategy it is possible but more risky.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
August 04, 2023, 12:09:17 PM
#58
It really is a martingale. But this is gambling, whichever method is working for you and is effective then keep on playing with that. Maybe this time it works but who knows what will happen next if it will still. I'm interested to know on how many satoshis you'll be able to reach with this method and how huge/low your losses will be and the same goes for the potential profit that you'll do. Well, with methods like this. I just prefer to do my own method of just setting an amount for this day, win or lose and if it's all gone I'm done.
hero member
Activity: 2170
Merit: 640
Undeads.com - P2E Runner Game
August 04, 2023, 11:46:48 AM
#57
Your method may be a successful thesis that works, but because you are sharing it in a public setting, casinos may create antitheses against it. I don't play casino games much, so I don't fully understand your method, but we should think carefully before we share our tactics in public. I like to bet on sporting events more because I get more enjoyment from watching them and I feel that I am betting on a predictable event. I prefer casino games to relax my mind and pass some time.
sr. member
Activity: 1764
Merit: 260
Binance #SWGT and CERTIK Audited
August 04, 2023, 08:44:33 AM
#56
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


So, what do you think about this betting method, Has someone tried it in the past?
This is called the Martingale System. I have personally used it before in simple (3-optioned) roulettes. Sometimes I break even, sometimes I lose even more. Based on my experience, it is not a reliable strategy.

I agree that achieving a 100% win rate in the Martingale system is only possible if you have an infinite bankroll, which is highly unlikely.


Check these studies out:

- "The Martingale System: A Mathematical Analysis" by David S. Clark (1975)
- "The Martingale: A Losing Proposition" by John Haigh (1995)
- "The Martingale System: A Theoretical and Empirical Analysis" by Richard J. Smith and Mark S. Thomas (2005)
- "The Martingale System: A Review of the Literature" by James H. Weaver (2012)
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
August 04, 2023, 08:41:46 AM
#55
So, what do you think about this betting method, Has someone tried it in the past?
I am late to reply my own opinion. This is my own opinion:

You mean as the odd is increasing, the betting amount should also be increasing. This seems more of a novice and it will not end well at all. It would only lead to money loss and the betting strategy possible profit or loss is not planned at all.

If you have not gotten any bot for this, just do not waste your money.

As you increase the betting odd, so does the amount you stake should reduce, it should not be the other way.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
August 04, 2023, 07:30:18 AM
#54
I have never tried it yet, I always just rely on the RTP, with the same bet, and let my seed do the magic. Yesterday, I won something that I did not expect. x2000. It shocked me so much that I want to see it again. So, I used that funds again and see where it will go. Right now, I already won x300 and x200 so I think it's still doing pretty well.

My only strategy is to try and hit the jackpot because I have done the increasing bet type of strategy before and it always just let me down in the end. So, I will just let luck decide while I will always have enough funds for 2000 bets because I think that's the amount needed before hitting a good amount of multiplier.

Well it seems that I have something in common with you in terms of doing so, I myself do not want to bother and in choosing the best game I will only go to see the percentage of the RTP of each game, this is like guessing but indeed so far the results are quite good by relying on RTP and recently I have also gotten a win that can at least be used to buy something. That's very surprising, it seems like you're in a lucky position recently so you can get a big win like that. To be honest I myself have never thought about what strategy I should do to get a big win, I will just do it without anything pressing my mind to think, one of them with a strategy. Even I also never thought that we could use strategy in gambling, it's just luck and there is nothing that can provoke the victory to come.

Gambling is just for fun so let's just enjoy it based on luck. 
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
August 04, 2023, 05:06:34 AM
#53
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 need a bit more understanding on this one as i don't see it as a simple and working method.

First, you need to bet on the odds of X2. The odds for the teams similar in performances are less than 2. And other odds may exceed 2 or even more but it is highly we win those odds because the team whom the gambling sites give 2.0+ odds is an underdog or less strong team and weak teams do not often win.

Secondly, we will increase the bet to +1 on every bet, no matter if the result of the previous bet is a loss or win  Huh
What if you keep on winning the bets and once you reach a stage where you have bet increased to +50 or +100 and you lose that bet?

How can you be profitable in that scenario?
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
August 04, 2023, 03:14:38 AM
#52
more or less it's just another random betting method. But I see in any case the disadvantage of high odds with high stakes.
As example, 100$ x x100 = you need to play around 100 times to hit such odds.
You are going to play 10K USD on this kind of bet as a minimum?
Well, if you don't have a sort of "cap" on the max amount/max odds to be wagered, it can be a disaster...
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
August 04, 2023, 02:57:39 AM
#51
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?
If i understand correctly, this looks like another version of the popular martingale strategy, though this seems a bit sophisticated to understand straight away, as appealing as this looks, I don't think you are guaranteed a sustained winning run all through, in-fact, as you are betting on increased odds, so is your chances of losing a bet continues to increase, and i bet you will lost much more than just one game before you ever get close to betting with 0.001 bitcoin if like you stated, started the betting with just 2 satoshis.

Anyways, i feel like i should try some thing like this, but i wont, i honestly do not see it as feasible, even with the assistance of bot, there is no betting bot anywhere in the world that has a 100 win ratio, they will fail to predict several matches correctly.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
August 04, 2023, 01:58:30 AM
#50
I have never tried it yet, I always just rely on the RTP, with the same bet, and let my seed do the magic. Yesterday, I won something that I did not expect. x2000. It shocked me so much that I want to see it again. So, I used that funds again and see where it will go. Right now, I already won x300 and x200 so I think it's still doing pretty well.

My only strategy is to try and hit the jackpot because I have done the increasing bet type of strategy before and it always just let me down in the end. So, I will just let luck decide while I will always have enough funds for 2000 bets because I think that's the amount needed before hitting a good amount of multiplier.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
August 04, 2023, 12:57:12 AM
#49
initially looked at this thread like something new but it turns out to be like a little martingale method and Im not going to try it just to test the game or luck in any case. I mean the martingale strategy, even if its in small amounts, it won't work because everyone will end up losing and draining the balance, especially in dice games. I often play dice when slot games seem to be away from me but its all the same I will never win using any strategy.
but to be honest I appreciate the OP effort in sharing the experience with the new mode from martingale maybe if only to just test everything is fine but will fail in the end.
legendary
Activity: 1932
Merit: 2354
The Alliance Of Bitcointalk Translators - ENG>SPA
August 03, 2023, 11:54:06 PM
#48
I'm confused.

On one hand, I'm a strong believer that, in the long term, the casino always wins; so, to me, setting sophisticated strategies in order to improve the odds to win and not just to have fun testing numbers is a waste of time and money.

Just keep believing that.

But I don't know whether I've completely understood your system: it seems like a variant of the martingale many other members named before, but are we missing something?

It seems to me that my colleague seoincorporation has already talked about bets of this kind on our local board. I think that this way you can reach a high volume of bets, but you won't be able to beat the house in the long run. The more you bet, the more inevitable the net loss will be.


Thank you Mr. Peter, I feel reassured by your answer as I know you always post judiciously. Let's take this thread as what it is: the testimony of a colleague who is testing his own particular methods in a game, just for fun.

It is true that, although the chances are the same (or less, because, as you said, with a higher number of bets the effect of chance is reduced), very cheap cryptos let you play in a way that, if done with dollar cents, would be a ruin.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
August 03, 2023, 11:30:07 PM
#47
I'm confused.

On one hand, I'm a strong believer that, in the long term, the casino always wins; so, to me, setting sophisticated strategies in order to improve the odds to win and not just to have fun testing numbers is a waste of time and money.

Just keep believing that.

But I don't know whether I've completely understood your system: it seems like a variant of the martingale many other members named before, but are we missing something?

It seems to me that my colleague seoincorporation has already talked about bets of this kind on our local board. I think that this way you can reach a high volume of bets, but you won't be able to beat the house in the long run. The more you bet, the more inevitable the net loss will be.

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