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Topic: My simulations for testing Martingale strategy - page 2. (Read 346 times)

hero member
Activity: 2912
Merit: 556
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September 13, 2019, 08:37:59 PM
#8
. Is the initial balance that you used in satoshis?
Would be interested if you will start at a much higher level of initial balance. What would be the charts look like?
OP used other crypto i believe, i think he used DOGECOIN to test those martingale strategy.
The chart obviously will be same with all of those charts on above, you will lose in the end especially in long run no matter how big your balance/bankroll.

Because only with Dogecoin, he can place a huge amount of coin. I am interested in his simulations, and perhaps, I will try it later, although I always know that the martingale strategy will not work for me in a short time or a long time. But still, it's worth to try for me so I can have another experience using the method. I agree with @STT says that he needs to take any profit he made before and stop it for a while and play again after one hour. Sometimes that is work for me to get another winning Grin
legendary
Activity: 2128
Merit: 1656
September 13, 2019, 08:33:24 PM
#7
The classical martingale is a terrible strategy for even short term activity because you are always looking to recover the initial bet size,
so the wins will be very small compared to the amount risked.

If however you do something like roll to win 10x, and increase 20% on loss, at least the compound effect on a couple of losing streaks might give you a better rate of profit for the short run (if you can catch a few big winners and quit before going bankrupt that is)...
legendary
Activity: 2366
Merit: 1130
September 13, 2019, 07:57:37 PM
#6
. Is the initial balance that you used in satoshis?
Would be interested if you will start at a much higher level of initial balance. What would be the charts look like?
OP used other crypto i believe, i think he used DOGECOIN to test those martingale strategy.
The chart obviously will be same with all of those charts on above, you will lose in the end especially in long run no matter how big your balance/bankroll.
legendary
Activity: 3122
Merit: 1398
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September 13, 2019, 07:54:23 PM
#5
Give your opinions about the results obtained.

What opinion/s do you want to hear for this test? These simulations will not really do nothing because aside from that fact that it will end up losing in the end, these movements are inconsistent therefore I don't know what information we are extracting here. No accurate data or even close we can get to somehow beat the house edge even for a short or long-term.

But I appreciate the time and effort you spend here to make these simulations.
hero member
Activity: 2744
Merit: 588
September 13, 2019, 07:48:34 PM
#4
Martingale strategy really works at some point but not a well founded strategy that you can always count on.
The OP made great charts. Is the initial balance that you used in satoshis?
Would be interested if you will start at a much higher level of initial balance. What would be the charts look like?
legendary
Activity: 3122
Merit: 1032
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September 13, 2019, 06:24:16 PM
#3
This theory has been tested many times and even many times on this forum
Yes you might win some money to begin with but longterm you will give it all bck to the house
Still that is a impressive set of graphs you have created and you sound smart enough to know the house wins in the end 
STT
legendary
Activity: 4060
Merit: 1448
September 13, 2019, 05:34:50 PM
#2
I think we can conclude the best logic might be to quit while you are ahead, I do see the initial incline there but its failing and resulting in a lower balance.   So dont get greedy, take any profit you make early and be on your way seems to be the best idea.
  Dont play just 1 game or 1 strategy, take profit from this and go play a bit of blackjack or something less monotonous then this system.   It cant last to put it briefly.
legendary
Activity: 2380
Merit: 5213
September 13, 2019, 04:51:09 PM
#1
Here I would like to share my simulations to test Martingale strategy.
The house edge is 1% and bet multiplier in loss case is 2.
The calculations continue until the bet amount is lower than balance.
Hope it is helpful for any one interested in these strategy.
Give your opinions about the results obtained.


Initial balance: 10
Initial bet: 1






Initial balance: 100
Initial bet: 1





Initial balance: 1000
Initial bet: 1

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