My Own Version Of Martingale Your Opinion - page 3.

efialtis

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Quote from: DarkStar_ on September 07, 2019, 05:19:27 PM

Quote from: efialtis on September 07, 2019, 04:35:51 PM

Well, so how is this "your own" version of martingale? its the same old martingale shit which suxx big time. If you want real chances when "gambling", learn poker.

Sports is also a good option, though quite a bit harder. Martingale with a low multiplier is never worth it as you'll very likely wager more to hit a certain profit target (ex 100%) compared to a straight all-in bet (2x multiplier if you're shooting for 100% profit). The more you wager, the more likely you are to lose as your theoretical losses increase. Otherwise, you're better off with a 9900x martingale strategy to get the highest change to double your money (~49.65% chance with a 1% house edge compared to 49.5% with a straight bet)

Yeah - sports is also possible but I also think its even harder than poker thats why I didnt mention it. Nice explanation as to why martingale is just old but definitely not gold...

DarkStar_

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Quote from: efialtis on September 07, 2019, 04:35:51 PM

Well, so how is this "your own" version of martingale? its the same old martingale shit which suxx big time. If you want real chances when "gambling", learn poker.

Sports is also a good option, though quite a bit harder. Martingale with a low multiplier is never worth it as you'll very likely wager more to hit a certain profit target (ex 100%) compared to a straight all-in bet (2x multiplier if you're shooting for 100% profit). The more you wager, the more likely you are to lose as your theoretical losses increase. Otherwise, you're better off with a 9900x martingale strategy to get the highest change to double your money (~49.65% chance with a 1% house edge compared to 49.5% with a straight bet)

efialtis

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Quote from: coin-investor on September 07, 2019, 07:08:00 AM

There are a lot of topic about martingale now, and I'm sure many of us employ their own version of Martingale,
This is my own version of Martingale it's actually time-consuming, but I'm not going to make a living in gambling I just want to be entertained and have some fun and I want to extend my enjoyment.

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

My reason is I want to extend my funds so every time I regain my losses I just started my bet to the minimum again
I've done it over and over again and I can extend my funds for 3 to 4 hours sometimes I made money but I never make a withdrawal
I just call it a day and come back tomorrow with additional funds and a possible extension of time having fun.

Well, so how is this "your own" version of martingale? its the same old martingale shit which suxx big time. If you want real chances when "gambling", learn poker.

Tipstar

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This is the most popular version of martingale. Any other deviation from it could be called a modified martingale.
Martingale is the strategy of gaining back your loss by increasing the amount you bet after each loss.
If you bet on 1.1 odds, you should increase your amount by 1000% on loss and if you bet on 1.01% you could increase it by 1%.

acroman08

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Quote from: coin-investor on September 07, 2019, 07:08:00 AM

There are a lot of topic about martingale now, and I'm sure many of us employ their own version of Martingale,
This is my own version of Martingale it's actually time-consuming, but I'm not going to make a living in gambling I just want to be entertained and have some fun and I want to extend my enjoyment.

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

My reason is I want to extend my funds so every time I regain my losses I just started my bet to the minimum again
I've done it over and over again and I can extend my funds for 3 to 4 hours sometimes I made money but I never make a withdrawal
I just call it a day and come back tomorrow with additional funds and a possible extension of time having fun.

Isn't that the same as martingale? I don't see any difference or "version" that you mentioned or am I missing something?
my understanding about martingale is that you double your bet every time you lose and reset from the start when you win.

tsaroz

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Quote from: coin-investor on September 07, 2019, 07:08:00 AM

There are a lot of topic about martingale now, and I'm sure many of us employ their own version of Martingale,
This is my own version of Martingale it's actually time-consuming, but I'm not going to make a living in gambling I just want to be entertained and have some fun and I want to extend my enjoyment.

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

My reason is I want to extend my funds so every time I regain my losses I just started my bet to the minimum again
I've done it over and over again and I can extend my funds for 3 to 4 hours sometimes I made money but I never make a withdrawal
I just call it a day and come back tomorrow with additional funds and a possible extension of time having fun.

This is indeed the classic martingale. Your starting amount is actually depended on the amount of coins you have.
For a classic martingale to run, people generally have coins to manage 10 to 20 losses. But as people keep on wining for hours, they feel the starting bet is low and increases it bringing the number of loses you could cover down leading to bust of the strategy.

coin-investor

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Quote from: NeuroticFish on September 07, 2019, 09:45:25 AM

Only by stopping at some point doesn't make "your own version" so different, so don't be surprised that people don't agree with this.
On the other side, if you make the fun last longer, why not? You can get one day and maybe win a bigger % of the bets. No breakthrough, no expectations for super wins and, for some it may be boring.

My strategy is rather random. Basically I don't necessarily double up after a lose, instead, keeping it the same a few more bets and if I get 3-4 loses in a row then increase the betting amount 10-20 times. Sometimes it works out, sometimes not. It's ~~clearly~~ probably still something like Martingale because I somehow rely on the "statistics" that increase the odds of winning after a number of loses, although that's not necessarily right. On the other hand, it's more fun than yours Wink

Might as well-tried that too, I'm still looking for more variations and versions that will extend my time playing and be entertained, I now that with Martingale you will eventually lose, I accept that fact, but I am more on playing to have some fun, worse thing that can happen to me is I have funds for 20 bets but I ended with 20 losing roll, and I only spend a couple of minutes playing.

As much as possible I want to play an hour or two after a day of work and while waiting for my time to post here.

janggernaut

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I use martingale at lower than 49.5% win chance, sometimes i use 40%, 33% or even 20% (this was crazy), i started with lowest bet (1 sats). Sometimes i use higher than 49.5% win chance too, 66%, 75% and even 90%, but ofcourse i use high increase after lose like 200% - 3000% on that winning chance

NeuroticFish

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Only by stopping at some point doesn't make "your own version" so different, so don't be surprised that people don't agree with this.
On the other side, if you make the fun last longer, why not? You can get one day and maybe win a bigger % of the bets. No breakthrough, no expectations for super wins and, for some it may be boring.

My strategy is rather random. Basically I don't necessarily double up after a lose, instead, keeping it the same a few more bets and if I get 3-4 loses in a row then increase the betting amount 10-20 times. Sometimes it works out, sometimes not. It's ~~clearly~~ probably still something like Martingale because I somehow rely on the "statistics" that increase the odds of winning after a number of loses, although that's not necessarily right. On the other hand, it's more fun than yours Wink

fortunecrypto

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Quote from: goinmerry on September 07, 2019, 08:37:35 AM

Quote from: coin-investor on September 07, 2019, 07:08:00 AM

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

May I ask what's the usual way of martingale you have known? Since you have your own version, it means there is an original version.

Or you are confused about martingale? What you did is the usual martingale. Nothing different.

I don't understand how it becomes your own version. In the end, it will not work in the long run and kind of a waste of time for 10 sats capital and 3 to 4 hours playing and you will only earn pennies in return.

I think OP means the one he uses because, in reality, it's hard to create your own original version of version of Martingale, everything has been explored on the martingale on how to use it extensively, some gamblers only knows martingale and some do a variation but in the end you still going to lose, OP just want to extend his losing time.

goinmerry

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Quote from: coin-investor on September 07, 2019, 07:08:00 AM

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

May I ask what's the usual way of martingale you have known? Since you have your own version, it means there is an original version.

Or you are confused about martingale? What you did is the usual martingale. Nothing different.

I don't understand how it becomes your own version. In the end, it will not work in the long run and kind of a waste of time for 10 sats capital and 3 to 4 hours playing and you will only earn pennies in return.

1982dre

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Quote from: fortebracchi on September 07, 2019, 07:11:57 AM

Its a bad strategy long term

Isn't any strategy bad in the long term ;-)= the more rolls you make, the more chance the casino will get you.

coin-investor

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Quote from: LoyceV on September 07, 2019, 07:18:26 AM

Quote from: coin-investor on September 07, 2019, 07:08:00 AM

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

This is literally classic Martingale.

It's funny though, everyone at some point thinks they've invented Martingale, until they realize everybody knows it, and we have a name for it.

I did not invented and do not claim I'm the only one doing it, I just had a discussion with my friend about a version of martingale his version is very different he never pushes down his betting, if he wins on his 6th he will not set it to the minimum again he will just go on, and one of my friends also has his own version he does martingale in on his first three rolls then he tosses a coin, if he wants to extend or change his bet.

Everyone has his own version and that does not mean they invented it.

LoyceV

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Quote from: coin-investor on September 07, 2019, 07:08:00 AM

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

This is literally classic Martingale.

It's funny though, everyone at some point thinks they've invented Martingale, until they realize everybody knows it, and we have a name for it.

johnjimjack

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Would better be suited for gambling discussion.
What makes it unique to you? The low bets? It seems like the traditional martingale to me.
Unless you have an infinite bank roll to spin with, eventually it will eat you up.

fortebracchi

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Its a bad strategy long term

coin-investor

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There are a lot of topic about martingale now, and I'm sure many of us employ their own version of Martingale,
This is my own version of Martingale it's actually time-consuming, but I'm not going to make a living in gambling I just want to be entertained and have some fun and I want to extend my enjoyment.

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

My reason is I want to extend my funds so every time I regain my losses I just started my bet to the minimum again
I've done it over and over again and I can extend my funds for 3 to 4 hours sometimes I made money but I never make a withdrawal
I just call it a day and come back tomorrow with additional funds and a possible extension of time having fun.

Topic: My Own Version Of Martingale Your Opinion - page 3. (Read 519 times)