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Topic: Strategy and Lost in GAMBLE - page 10. (Read 5327 times)

hero member
Activity: 1050
Merit: 529
Student Coin
January 19, 2017, 04:20:45 AM
#59
Maybe in my sports betting will do prior analysis about condition of the team that will compete, because it will help to bet on the right team that will increase the chances to win. I think just it my opinion a strategy that could help to win the bet, I've tried many strategies in a variety of games, but it does not affect my opinion. My biggest loss when playing blackjack, I spent around 0.1 BTC in that game.
I do analyze sports betting every time I gamble, that is needed and it's more entertaining if you gain knowledge from gambling. Honestly, before I came to sports gambling, I am not quite familiar with the NBA players but when I constantly bet, I almost know the squad of every team.
hero member
Activity: 896
Merit: 500
January 19, 2017, 02:55:23 AM
#58
Maybe in my sports betting will do prior analysis about condition of the team that will compete, because it will help to bet on the right team that will increase the chances to win. I think just it my opinion a strategy that could help to win the bet, I've tried many strategies in a variety of games, but it does not affect my opinion. My biggest loss when playing blackjack, I spent around 0.1 BTC in that game.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
January 19, 2017, 01:32:04 AM
#57
I should try it that martingale strategy. All I can see its very popular, just i will try my luck and tell ya what happend  Grin
Cheers  Smiley
If you try martingale strategy you will need a huge bankroll(still might not help) as you would eventually get wiped out if you are unlucky since your bet size rises  exponentially after every loss. Martingale can only be successful if you have never ending amount of wealth.
sr. member
Activity: 1540
Merit: 255
January 19, 2017, 01:20:55 AM
#56
No such thing as strategy in gambling. It is all about pure luck. If you win you might end up winning big else you might end with a huge loss.  All these strategies are also based on luck. You might make small profits in the beginning but in the long run it's the casino who makes the most of the profit. You just need to learn when to stop.

Every body thinks that there is strategy in gambling till now i din't find any strategy till now, gambling is completely based on pure luck, some time with high investment you will make less amount of profit and some time with low investment you will make high investment of profit. But it is completely based on luck.
hero member
Activity: 1344
Merit: 507
January 19, 2017, 01:15:54 AM
#55
The strategy depend on what you are playing: Dice, poker, sports betting or casino. If you play with -EV, there is basically no strategy to win longtherm.
legendary
Activity: 1456
Merit: 1023
January 19, 2017, 01:12:49 AM
#54

YOLO style best stat  Grin so can someone explain what's martingale stat and how it works ?
Martingale strategy is one of oldest strategy. When you using this strategy, once your bet lose, double your bet until your bet wins. Let's take an example like this:
Let say your base bet is 0.01 btc. You start with bet 0.01 BTC, lose, 0.02 btc, lose, 0.04 btc, lose, 0.08 btc win, then start from your base bet again (0.01 BTC).
If you are betting on 2x, then your profit until your bet reached 0.08 BTC is:
0.08 BTC - (0.01 + 0.02 +0.04 BTC) = 0.08 BTC - 0.07 BTC= You profited 0.01 BTC (same like your base bet)

That strat seems good I should try it. Thank you  Smiley
Even though martingale strategy looks good, actually it is very dangerous strategy. You should ever heard before how many long streak loses happened in gambling (dice), this strategy will give you profit just only when you didn't faced long streak loses. You should be aware when you decided to try this strategy (Put small base bet as pre-roll)

I should try it that martingale strategy. All I can see its very popular, just i will try my luck and tell ya what happend  Grin

Cheers  Smiley
Dude, since you are about to try martingale, I suggest you do it in sports betting. It will not gonna work in a games where a house edge is present, you will still gonna be busted in the long run. In sports betting, you can predict teams that needed a win, especially the strong team, you can always martingale them.
If you have big bankroll, then try this Martingale method, because suppose if you lose any bet you should be double of your previous bet amount and in the long, run it will increase lot. So if you do not get any win long streak you will lose more money. That is why I will also support sports betting. Here you can use any method if you have knowledge on sports you can able to make a profit.
hero member
Activity: 2856
Merit: 667
January 19, 2017, 01:06:02 AM
#53

YOLO style best stat  Grin so can someone explain what's martingale stat and how it works ?
Martingale strategy is one of oldest strategy. When you using this strategy, once your bet lose, double your bet until your bet wins. Let's take an example like this:
Let say your base bet is 0.01 btc. You start with bet 0.01 BTC, lose, 0.02 btc, lose, 0.04 btc, lose, 0.08 btc win, then start from your base bet again (0.01 BTC).
If you are betting on 2x, then your profit until your bet reached 0.08 BTC is:
0.08 BTC - (0.01 + 0.02 +0.04 BTC) = 0.08 BTC - 0.07 BTC= You profited 0.01 BTC (same like your base bet)

That strat seems good I should try it. Thank you  Smiley
Even though martingale strategy looks good, actually it is very dangerous strategy. You should ever heard before how many long streak loses happened in gambling (dice), this strategy will give you profit just only when you didn't faced long streak loses. You should be aware when you decided to try this strategy (Put small base bet as pre-roll)

I should try it that martingale strategy. All I can see its very popular, just i will try my luck and tell ya what happend  Grin

Cheers  Smiley
Dude, since you are about to try martingale, I suggest you do it in sports betting. It will not gonna work in a games where a house edge is present, you will still gonna be busted in the long run. In sports betting, you can predict teams that needed a win, especially the strong team, you can always martingale them.
member
Activity: 98
Merit: 10
January 19, 2017, 12:40:21 AM
#52

YOLO style best stat  Grin so can someone explain what's martingale stat and how it works ?
Martingale strategy is one of oldest strategy. When you using this strategy, once your bet lose, double your bet until your bet wins. Let's take an example like this:
Let say your base bet is 0.01 btc. You start with bet 0.01 BTC, lose, 0.02 btc, lose, 0.04 btc, lose, 0.08 btc win, then start from your base bet again (0.01 BTC).
If you are betting on 2x, then your profit until your bet reached 0.08 BTC is:
0.08 BTC - (0.01 + 0.02 +0.04 BTC) = 0.08 BTC - 0.07 BTC= You profited 0.01 BTC (same like your base bet)

That strat seems good I should try it. Thank you  Smiley
Even though martingale strategy looks good, actually it is very dangerous strategy. You should ever heard before how many long streak loses happened in gambling (dice), this strategy will give you profit just only when you didn't faced long streak loses. You should be aware when you decided to try this strategy (Put small base bet as pre-roll)

I should try it that martingale strategy. All I can see its very popular, just i will try my luck and tell ya what happend  Grin

Cheers  Smiley
legendary
Activity: 2366
Merit: 1130
January 18, 2017, 10:45:15 PM
#51

YOLO style best stat  Grin so can someone explain what's martingale stat and how it works ?
Martingale strategy is one of oldest strategy. When you using this strategy, once your bet lose, double your bet until your bet wins. Let's take an example like this:
Let say your base bet is 0.01 btc. You start with bet 0.01 BTC, lose, 0.02 btc, lose, 0.04 btc, lose, 0.08 btc win, then start from your base bet again (0.01 BTC).
If you are betting on 2x, then your profit until your bet reached 0.08 BTC is:
0.08 BTC - (0.01 + 0.02 +0.04 BTC) = 0.08 BTC - 0.07 BTC= You profited 0.01 BTC (same like your base bet)

That strat seems good I should try it. Thank you  Smiley
Even though martingale strategy looks good, actually it is very dangerous strategy. You should ever heard before how many long streak loses happened in gambling (dice), this strategy will give you profit just only when you didn't faced long streak loses. You should be aware when you decided to try this strategy (Put small base bet as pre-roll)
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
January 18, 2017, 09:53:38 PM
#50
Hello   Smiley

I was wondering if you have any strategy when betting and what's your biggest lost

Cheers !
There is not a good strategy in gambling all depends on luck if you're lucky you will win in every bet and I think the worst strategy is if you use the martingale.

Martingale works alright if you start off with a very small bet amount with respect to your bankroll. Like 0.5-1% of your bankroll to start off. That way even if you double up your bet, you still have decent amount of bankroll to work with. I generally just go with the flow and how I feel at the moment and never bet when you are sad or angry.

We never know what can happen. You can start martingale with 1 satoshi and lose everything after some negative rolls. In the end it won't worth as you can lose all your bankroll just for 1 satoshi prize... If you play low with a big bankroll the chances of profit are good, but it doesn't mean it's guaranteed profit, the loss chance is always there.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
January 18, 2017, 07:09:30 PM
#49
Hello   Smiley

I was wondering if you have any strategy when betting and what's your biggest lost

Cheers !

When I do sports betting my strategy is to do analysis. I keep on researching first for the teams that are involved for that match. And I don't bet too much when I am not sure about that match and the teams that are going to play. I'm not just betting because of my favorite teams, I'm looking to the odds and with the possibility of winning.
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
January 18, 2017, 06:39:43 PM
#48
I usually just use strategies to multiply my bets when losing every bet me and despite my defeat 0.1 BTC I think for something fun no problem
hero member
Activity: 910
Merit: 507
January 18, 2017, 06:39:14 PM
#47
If you lost in your gamble and getting probable cause from the strategy that you have made, maybe it helps but we could not rely mostly on the previous ways that you've failed to do with that wrong strategies. We must have our passion to win and focus of the game which you gamble, learn the do's and don'ts because everytime you play there maybe new solutions in order win the game.
legendary
Activity: 840
Merit: 1000
January 18, 2017, 06:19:10 PM
#46
Hello   Smiley

I was wondering if you have any strategy when betting and what's your biggest lost

Cheers !
There is not a good strategy in gambling all depends on luck if you're lucky you will win in every bet and I think the worst strategy is if you use the martingale.

Martingale works alright if you start off with a very small bet amount with respect to your bankroll. Like 0.5-1% of your bankroll to start off. That way even if you double up your bet, you still have decent amount of bankroll to work with. I generally just go with the flow and how I feel at the moment and never bet when you are sad or angry.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
January 18, 2017, 05:21:46 PM
#45
Hello   Smiley

I was wondering if you have any strategy when betting and what's your biggest lost

Cheers !
There is not a good strategy in gambling all depends on luck if you're lucky you will win in every bet and I think the worst strategy is if you use the martingale.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
January 18, 2017, 04:37:09 PM
#44
No such thing as strategy in gambling. It is all about pure luck. If you win you might end up winning big else you might end with a huge loss.  All these strategies are also based on luck. You might make small profits in the beginning but in the long run it's the casino who makes the most of the profit. You just need to learn when to stop.
legendary
Activity: 1106
Merit: 1000
January 18, 2017, 04:17:06 PM
#43
Hello  Smiley

I was wondering if you have any strategy when betting and what's your biggest lost

Cheers !

If the game based pure luck there's no strategy to use, big NO, example dice game.
There are a strategy which can use on sports betting or game which not pure luck, means your ability to get a more chance to win, example sports betting, PvP game based pot fund. Sports betting: you can do a good analyze for incoming match which you want to make a bet, the analyze that's depends on what a sports you want to bet.
PvP game: of course you need a knowledge how the games work and your ability.
legendary
Activity: 2982
Merit: 1280
Hire Bitcointalk Camp. Manager @ r7promotions.com
January 18, 2017, 03:58:12 PM
#42
I lost close to 2 btc and its been few months i never visit gambling sites...

No strategy exists in gambling

wow that's huge loss, damn I feel you.

YOLO style best stat  Grin so can someone explain what's martingale stat and how it works ?
Martingale strategy is one of oldest strategy. When you using this strategy, once your bet lose, double your bet until your bet wins. Let's take an example like this:
Let say your base bet is 0.01 btc. You start with bet 0.01 BTC, lose, 0.02 btc, lose, 0.04 btc, lose, 0.08 btc win, then start from your base bet again (0.01 BTC).
If you are betting on 2x, then your profit until your bet reached 0.08 BTC is:
0.08 BTC - (0.01 + 0.02 +0.04 BTC) = 0.08 BTC - 0.07 BTC= You profited 0.01 BTC (same like your base bet)


That strat seems good I should try it. Thank you  Smiley
Do not expect to profit in gambling! Even if you martin gale it is not a sure way of earning anything! I've tried it multiple times. There is a greater chance of losing money than just playing at a random bet. Martin gale is profitable only assuming you have unlimited money, if not you will just lose in the long run. Because even if you have high chance of winning there would be a chance you would get a really long losing streak which will drain your bank roll. (fixed it)

I agree and indeed a greater chance to lose money.  But on thing I observed, martingale can give us a profit if we use it smartly.  Like not depending on it that much and intervene with our decision of quitting when we are winning.   I also observed that the longer we play with martingale in a single sitting, will more likely drain us our bankroll.  But if winnings come and we quit for the day, it is a good strategy to use with timely quit.
sr. member
Activity: 1190
Merit: 253
January 18, 2017, 03:27:43 PM
#41
Hello   Smiley

I was wondering if you have any strategy when betting and what's your biggest lost

Cheers !
Most effective is martingdale strategy but it's up to you if you follow that strategy and don't be greedy it can cause you to lose all your money be contented.

Most effective strategy to lose all your btc, did you mean like that? Huh Wink
There is no effective strategies, as discussed so many times before that it will always depend on your luck no matter what strategies you use while betting.

The reason of people's lost in martingale is the inability to call it a game when you are winning.  With the strike of winning from it, people think that martingale is a strategy for a long run but the fact is, it is a strategy to give you at least 1 win with a decent amount of profit. Playing continuously with it will lead you to a lost.  At least know when to stop everyday.
member
Activity: 98
Merit: 10
January 18, 2017, 03:24:13 PM
#40
Hello  Smiley

I was wondering if you have any strategy when betting and what's your biggest lost

Cheers !
Nope, i don't use any strategy. i wish there was one working strategy, but in game of luck the strategies don't work.
 i think my biggest loss would be ~4 btc.(in 2012)

Did you recover your loss or stop gambling ?
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