A martingale strategy is where a winning bet will cover your losses from previous bets. Often this is 100% increase on 2x, but you can do any kind of bet/increase such as 200% on 1.5x, 25% on 8x, 1000% on 1.1x or as the OP suggests 50% on 4x -- the winnings on all of these combinations cover the losses.
The trouble is that the probability of doubling your money does not improve with whatever combination: With a bankroll of 1500 sats, it'll take 15 wins of 100 sat bets at x2, without ever sustaining 4 consecutive losses. However, the odds of this happening are never greater than 50% (even without house edge), and the odds of going bust are... care to guess?... never less than 50%.
Chances of 4 consecutive losses at 50% odds= 0.5 x 0.5 x 0.5 x 0.5 = 6.25%
Chances of this not happening (ie. winning 100 sats in less than 4 consecutive losses) = 93.75%
Chances of this not happening 15 times in a row = 0.9375^15 = 37.98%
Chances of "Your balanace is too low to make this bet!" = 62.02%
When you factor in house edge, the odds are slimmer than making a straightout bet of all your bankroll at x2. It is for this reason that site owners are very happy to include automated rollers for your gambling pleasure.
Topic: Primedice BTC doubling method. Not flawless but it works more often than not. - page 2. (Read 8820 times)
May 01, 2014, 04:46:36 PM
May 01, 2014, 08:53:00 AM
There is no method for making money on primedice or any site
May 01, 2014, 05:06:11 AM
let me try your strategy in LN and PD.
May 01, 2014, 04:22:52 AM
I might have to tey this
May 01, 2014, 03:33:34 AM
Deposit at least 0.02 BTC
Use the automated betting.
Bet 4x payout - 50 satoshi per roll - increase bet 50% on loss - On win return to base.
Set the number of rolls to something really high like 99999
Stop and cash out after you have doubled. Or even before, it gets sketchy when you're close.
This has doubled my money every time I've used it. Like any betting system this is not guaranteed and you can lose.
Posting this cause I'm sick of losing money on primedice, It's their turn to lose some money.
Use the automated betting.
Bet 4x payout - 50 satoshi per roll - increase bet 50% on loss - On win return to base.
Set the number of rolls to something really high like 99999
Stop and cash out after you have doubled. Or even before, it gets sketchy when you're close.
This has doubled my money every time I've used it. Like any betting system this is not guaranteed and you can lose.
Posting this cause I'm sick of losing money on primedice, It's their turn to lose some money.
Ummm... Re-read the bold type, you aint winning if your 'sick of losing'..
May 01, 2014, 03:32:13 AM
Hi,
This is not completely sure, it is something like half martangle half another betting system.
BR,
Gondel
This is not completely sure, it is something like half martangle half another betting system.
BR,
Gondel
May 01, 2014, 03:07:46 AM
There goes my coins. It was fun while it lasted 
May 01, 2014, 02:46:50 AM
But I was working on Classical Martingale system in several years now. I was trying to answer that big question and was trying to find betting system wich can help me to beat the system.
Please don't waste your time. Unless you can actually prove that 1=2 you will never be able to 'beat' the house in the long run (try running a simulation on any 'strategy' at more than 1 billion rolls and I'd bet my life on it that you'd be in the red) as the premise of it is probability mathematics. Long term the edge will get you - your only hope as a bettor is that variance in the short term is good o you.
May 01, 2014, 02:29:40 AM
I will try Thanks
May 01, 2014, 02:20:25 AM
Math is so unpredictable. I have a similar strategy. I start out betting .001 for example with a balance of .01. Put it on 10% and press your luck! You can add coin up pretty quick this way IMO.
Wow, i think thats the fastest way to lose your coin. May 01, 2014, 02:17:20 AM
Math is so unpredictable. I have a similar strategy. I start out betting .001 for example with a balance of .01. Put it on 10% and press your luck! You can add coin up pretty quick this way IMO.
May 01, 2014, 12:56:46 AM
Straight lost my 0.02... If using the bot to always win was so simple 
May 01, 2014, 12:03:09 AM
No need. Just wanted to analyse the gambling system. Thanks for introducing, I manahed to win it back.
April 30, 2014, 11:57:02 PM
Update. Immediately after I doubled my 0.02, i lost all of it. Not much to say other than this strategy only works for a while
Yeah I should have said it starts to get sketchy when you're close to doubling.
PM me your btc address I will try to refund some of your lost btc.
April 30, 2014, 10:51:38 PM
Update. Immediately after I doubled my 0.02, i lost all of it. Not much to say other than this strategy only works for a while
April 30, 2014, 10:35:32 PM
But I was working on Classical Martingale system in several years now. I was trying to answer that big question and was trying to find betting system wich can help me to beat the system. I need to be honest and see that I never find 100% sure way to make that money. I would then probably be on another place right now if I could. But I created my own system which is not 100% surewin, but I think that it can work on long term much like your doubling method.
what is it? I'm interested April 30, 2014, 10:13:29 PM
But I was working on Classical Martingale system in several years now. I was trying to answer that big question and was trying to find betting system wich can help me to beat the system. I need to be honest and see that I never find 100% sure way to make that money. I would then probably be on another place right now if I could. But I created my own system which is not 100% surewin, but I think that it can work on long term much like your doubling method.
April 30, 2014, 10:10:02 PM
I am skeptical, will try it though. Will this work with 0.0001?
Try it with 2 satoshi instead of 50 it should work for you.
April 30, 2014, 10:06:47 PM
I am skeptical, will try it though. Will this work with 0.0001?
April 30, 2014, 10:04:52 PM
Deposit at least 0.02 BTC
Use the automated betting.
Bet 4x payout - 50 satoshi per roll - increase bet 50% on loss - On win return to base.
Set the number of rolls to something really high like 99999
Stop and cash out after you have doubled. Or even before, it gets sketchy when you're close.
This has doubled my money every time I've used it. Like any betting system this is not guaranteed and you can lose.
Posting this cause I'm sick of losing money on primedice, It's their turn to lose some money.
Use the automated betting.
Bet 4x payout - 50 satoshi per roll - increase bet 50% on loss - On win return to base.
Set the number of rolls to something really high like 99999
Stop and cash out after you have doubled. Or even before, it gets sketchy when you're close.
This has doubled my money every time I've used it. Like any betting system this is not guaranteed and you can lose.
Posting this cause I'm sick of losing money on primedice, It's their turn to lose some money.
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