My new favorite betting method. - page 3.

ryzaadit

legendary

Activity: 2450

Merit: 1225

Quote from: harizen on August 03, 2023, 07:28:03 PM

-snip-

It's called momentum strategy, the same as martingale-on-lose but the different we are doing it on the winning section.

In martingale on losing we keep double (1,5-2,5x) from the previous bet until we are winning, but on momentum strategy we do this on winning (that's means, need a hot run section). These strategies are more volatile + drain a lot money, but if you got a good section you will be rain gold in short time.

I doing these also using all-in betting like getting a bonus 15-20$ and all-in 3x (same as momentum strategy) I need to streak win (3x) and stop. Some of them doing it for 3-4x streak win, and then at that balance they stop increase just waiting the bet losing.

Darker45

legendary

Activity: 2576

Merit: 1860

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?

Hispo

legendary

Activity: 1162

Merit: 2025

Leading Crypto Sports Betting & Casino Platform

I like the idea if this is a method you are developing for entertainment and thill-seeking purposes, I assume you like it because you can actually see how the risk increases in front of your eyes as time passes by.

Also, if you want a small recommendation, I would also include a calculator within the bot so it can tell you how far it can go if all your bets end up being losses (no wins). That number would be the minimum amount of bets you can get with a fixed amount of Satoshis.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: seoincorporation on August 02, 2023, 07:39:28 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:

Is this the so-called "advanced martingale" or another variation? Is the method a product of your own imagination or already saw that done by others?

Regardless of your winning rate, still, we can't hide the fact that all your bets are under the provably fair of the gambling site. I know you already did several tests and fortunately (or should I say luckily) you are having a good run there.

Hands-up. We all know that everything in dice is luck-based.

If your method is doing good for you, then I hope it can give you more winnings in the long run.

famososMuertos

legendary

Activity: 1778

Merit: 2832

LE ☮︎ Halving es la purga

Quote from: seoincorporation on August 02, 2023, 07:39:28 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?

In short, something important is being forgotten: the "ballast" of the liability of each bet and the decrease in the probability of winning by increasing/changing the multiplier. That is to say, in betting round #3 the bet is not $4, you must take into account $2+$3 and to that you must understand that increasing the multiplier decreases your chances, and that randomness can sink you into a round of betting where that multiplier does not appear.

In his case, he has the perfect "paradox", he is not only going to win, but he also obtains a higher profit, a man who invented the wheel for casinos.
And you don't see the negative results because the amounts are small or you haven't had a long loss line. Changing the multiplier affects the probability, consequently I would have to use stop lose for the amount in which it is not fulfilled.

For those who say; this (OP) is martingale, no it's not:
#1 bet $2 win 2x=>4 so 4-2=2
If not successful:
#2 bet $4 win 2x=>8 so 8-(4+2)=2
If they don't succeed;
#3 bet $8 win 2x=> so 16-(8+4+2)=2
Your profit will always be 2. Or the initial bet.

The OP thing is the paradox of "El Colega," please, man if it works, we reinvent the game. I say if Martingale is TNT for your bankroll, that technique shown is "Oppenheimer"

Casdinyard

hero member

Activity: 2100

Merit: 887

Leading Crypto Sports Betting and Casino Platform

So basically martingale strategy. This is nothing new and there are caveats to betting strategies like these. One of which is the fact that you should have deep pockets before even thinking of doing this cause there's no way you're winning anything in your first few rolls, and if you do it's nothing substantial. Another would be the fact that you're going to lose more than you win, and the only goal of Martingale is to make sure that you have a little over what you started with to count as a profit and to make sure your bankroll is up and running. I say you go for it if you think it works for you, cause at the end of the day it's a strategy that works in the long run provided that you have the capacity for it, but if you don't then I suggest you look into other forms of betting strat.

Porfirii

legendary

Activity: 1820

Merit: 2162

The Alliance Of Bitcointalk Translators - ENG>SPA

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. 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?

On the other hand, I don't think that betting with such small decimals makes any difference: it only allows you to make a huge number of bets, but again, with more bets smaller chances to win IMO.

Please, let me know if I'm missing something: I'm not an expert in maths so I must stay humble, but your system (any system) goes against my understanding of how odds work.

SamReomo

hero member

Activity: 784

Merit: 672

Top Crypto Casino

Quote from: seoincorporation on August 02, 2023, 07:39:28 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?

Don't take me wrong, but this is one of the worst strategies that someone can try. This type of strategies are for the games that support 10000x multipliers and one of such games that I know is Crash. When someone uses such strategy on games like crash then the chances of getting higher multiplier is very low for such players.

I know that the strategy may work for those who are extremely lucky, but for those with low levels of luck the strategy will never work at all. I have seen many players following a similar strategy on Crash and they have lost so many bets due to such strategy.

internetional

legendary

Activity: 1512

Merit: 1799

Quote from: Poker Player on August 03, 2023, 12:04:32 AM

Quote from: seoincorporation on August 02, 2023, 07:39:28 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

It sounds to me like a variant of the Martingale, but more sophisticated.

Is really? Just usual Martingale. Martingale shouldn’t be always an x2 system.

I used this approach in Forex trading 15 years ago. I don’t remember, maybe I found it quite sophisticated at that time. But, actually, it is not more sophisticated than to double a bet amount after each round.

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: seoincorporation on August 02, 2023, 07:39:28 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 did tried this method, it was great in the beginning and I am loving it so much until it starts painting red. It more easier to deplete our bankroll this way. This is like modified martingale in a more aggressive method. So if we believe and think that martingale is not a good strategy then anything about this strategy is the same except this method depletes our bankroll more easily. Though, if this works in your favor then I am happy for you

.

ryzaadit

legendary

Activity: 2450

Merit: 1225

That's just martingale on winning.

It's to optimize the money you are winning (in hot ron, you are gonna win a lot), less advantage of these methods are your money will be drained faster. You need to avoid (win, lose, win lose) or (losing streak).

It's called, momentum strategy[/b (you raised the bet 1,5/2x from the last winning until you facing a lose) then will back to original bet.

so98nn

hero member

Activity: 2086

Merit: 603

I also fear the amount of money that it will require. Even though it is in the increment of one Satoshi for every bet it doesn’t guarantee you winning streak along the way. At any point House edge algorithm is going to take the effect and thus making you lose the previous bets or upcoming bets if you have won fairly enough money and played the users edge.

After that, if you need to learn about this or take a trial then you can do the same on any multiplier game. For example try it manually or auto on the freebitcoin. You will see it doesn’t work the way you are imagining it here.

I mean we already have the auto roller on that website and we already know the result. I am not sure what is new in yours?

Haunebu

hero member

Activity: 3080

Merit: 970

www.Crypto.Games: Multiple coins, multiple games

Quote from: seoincorporation on August 03, 2023, 11:30:13 AM

So far my biggest losing streak was 100,000 bets, and my biggest multi was x9900, But I'm running with that limit, I should make the bet lower and run for a x990,000 just for testing. But that amount of bets takes hours.

I don't get it. Losing 100,000 bets in a row is possible only if the odds are extremely high. What were the odds in this case?

Quote from: bittraffic on August 03, 2023, 02:23:36 PM

Will the bot follow patterns? I have only experienced auto bet and it's not a good experience. I'm guess they both work the same and the only way to stop it is to do it manually.

There are no patterns in gambling frankly speaking. People tend to believe that they exist because of some repititive bets, but such stuff is very common. All bets are independent of each other in provably fair games.

bittraffic

hero member

Activity: 2870

Merit: 612

#SWGT PRE-SALE IS LIVE

The martingale looks better than that strategy the only thing you need to follow is the discipline to stop while you're winning in a dice. You will have winning and losing streaks, you might not be able to stop the betting when you use the bots.

Will the bot follow patterns? I have only experienced auto bet and it's not a good experience. I'm guess they both work the same and the only way to stop it is to do it manually.

Agbe

hero member

Activity: 854

Merit: 1246

Vave.com - Crypto Casino

Quote from: davis196 on August 03, 2023, 02:52:08 AM

Basically you are one of the gamblers, who think that they could outsmart the casinos by "inventing" some "genius" betting strategy that was never seen before. Grin

In most cases, those "genius" betting strategies are just a variation of martingale.
The bad news is nobody can outsmart the casinos. The "betting strategy" doesn't matter. The casino always wins. Stop trying to make consistent profits out of gambling and just play for fun. Good luck with all those betting bots, that are running on virtual private servers.
I hope that you will make enough money to retire and go the Bahamas. Grin

Lolz. Exactly, the op is trying to outsmart the game, though it is good to invent new strategy in the gambling field and that make it more interesting. And I also believe the op can only use that method in sportsbet because it only in sport you can predict one bet and x it to any number of your choice. Like what op place it, if he wins the first two and loss the last bet the won ones would also cut unless he cashout the previous won and I don't think this method has cashout.

Stable090

sr. member

Activity: 630

Merit: 420

Quote from: seoincorporation on August 02, 2023, 07:39:28 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:

The strategy is pretty cool, you will start with a little odd and little amount which time you will have to start increasing the amount which you are gambling with and the odd, when you start at the beginning the risk might be pretty low, but when you keep on increasing the odd and the amount you are gambling with, then the risk will start increasing, because the higher your odd, the higher the risk with you will be taking, so how sure are you that you won’t end up losing money after getting to the higher odds?

You might be using a bot and it might be working pretty well for you, but hope you know a bot can fail you at any moment which at the end you might end up losing everything you have being accumulating. But if you think it’s a perfect strategy, then you can give it a trial and see.

Zoomic

sr. member

Activity: 420

Merit: 252

My post made philipma1957 wear signature

Quote from: seoincorporation on August 02, 2023, 07:39:28 PM

Code:

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

I do not fully understand this method you described above. This like compounding bet where you re-bet your winning but the difference in yours is that you re-bet your capital and another money to it for the increment. This is not making so much sense to me and I will not follow such steps because once the disaster comes, the effect will be so severe on the victim to.

Jody.Drummer

hero member

Activity: 1582

Merit: 566

Leading Crypto Sports Betting & Casino Platform

Quote from: Stepstowealth on August 03, 2023, 10:29:49 AM

Quote from: seoincorporation on August 02, 2023, 07:39:28 PM

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

It seems to be working for you and the game you gamble on, but it is not an applicable method to everyone on the games they gamble. Plus your strategy requires a lot of discipline to stick to a betting amount, many gamblers are not disciplined and may not like to follow a strategy book when gambling, it takes the fun away and still does not give any assurance that you will win, so at the end after following up a strategy, you will be surprised that you did not have fun and you did not still win at same time, double loss.

Well that's what I have in mind when I think of betting strategies, not that I don't want to win the bet, it's just that it will make the fun in the game a little less for me. Because in each round I am forced to think if I use a strategy, and like you I will bet according to my wishes at that time. It can be said that when I feel good then I will increase the amount of the bet and vice versa, yes even though I still lose more. Lol
Maybe there is something different if we compare it with others, but I am very happy and enjoy the game.

seoincorporation

legendary

Activity: 3192

Merit: 2979

Top Crypto Casino

Quote from: iv4n on August 03, 2023, 01:59:31 AM

So JustDice has some expert settings? I get that you increase the bet with 000001 after every loss, but what about the multiplier? How did you set it up?

The site doesn't have a betting bot by itself, but they allow us to use javascript bots in the browser console, that's how I do it.

Quote from: m2017 on August 03, 2023, 02:00:36 AM

Aren't bets in a casino using bots (any game process automation systems) prohibited? Are you not afraid that your account will be banned, lose your deposit and possibly be blacklisted with the inability to play in this (and possibly other) casino?

This casino allows bots and multi accounts, I have talk with them before running the bots and they agreed. So, we don't have to worry about this because we are not braking the rules.

Quote from: yahoo62278 on August 03, 2023, 03:56:23 AM

What's your biggest red streak thus far and highest multi you have hit? You've only tried this on just dice? I would be curious to know if different sites have different results, maybe try 1 of the other dice sites and update us.

If we wanted to try this ourselves we would have to code a bot or find 1 like suentjie correct? None of the sites that i know of have a way to set up their site bot like this.

So far my biggest losing streak was 100,000 bets, and my biggest multi was x9900, But I'm running with that limit, I should make the bet lower and run for a x990,000 just for testing. But that amount of bets takes hours.

Quote from: boltz on August 03, 2023, 06:39:06 AM

This method is already bad from start as you decrease your chances to win by each bet you place during that betting run.

I do not agree, that we decrease our chance to win because as I mentioned before, the odds to hit a x500 is close to 1/500 bets. So, the odds to hit are the same.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Quote from: seoincorporation on August 02, 2023, 07:39:28 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?

So no matter you win or lose the bet you still increase the bet by 1 is it ?
I think the amount you lose will keep increasing using this strategy.
Once the losing streak starts the bet amount will keep increasing thus losing more money.
Besides that, since the odds are increase the probability of losing streak will become higher with every bet.
But it's not bad to try out different strategies and so keep us posted with the results.

Topic: My new favorite betting method. - page 3. (Read 586 times)