What has been your longest streak of dice losses using martingale ..? - page 4.

milewilda

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Quote from: iamsheikhadil on January 29, 2021, 01:08:32 AM

32 losses consecutively?! That's pretty disastrously insane! I guess that's the reason we say no strategy works when it comes to sweet cool gambling Grin

I tried martingale system in past and I guess I busted always my balance within 10-12 losses because I was playing big as compared to my bank roll. I never tried this strategy after because it's always so risky and gut wrenching!

Losing streak length would really vary on the base bet and what multiplier you've been aiming and the amount of capital that you had.So results would really vary
but the most common multipliers are on 2x and on using neither 1sat -100sats- 1000 sats or depending on whats the most minimal amount that a gambling site do had.
Basing off on experience then i do experience 23-25 losing streak using 2x multiplier and i remember i do have 0.1 btc capital.

bitterguy28

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Quote from: Sativanaka on May 02, 2020, 06:06:10 PM

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

Serious mate ?> freebitco.in is pointing very clear about their Probably fairness specially in their multiplier HI-LO game.

I have not try playing in their Dice but i have at least 18 straight losses in that HI-LO game.

Quote from: mu_enrico on January 29, 2021, 07:21:12 AM

There was a discussion here about the 67 losing streaks. Too bad the guy was necrobumping. He should have posted here for the lul as he said he lost 0.2 BTC with this.

Anyway, if you play long enough, and it's doable because of the rolling speed on auto mode, you can get more than 67. Scary? Well, if he used reverse martingale, he could be rich af.

What ? 67 straight failure ? that was very Bad and i hate this coming to me.

BuNga_cute

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I've been playing the Dice game since 2017, until now I haven't found an effective strategy. Mostly if we play long run we will definitely lose.
Indeed, the algorithm in the Dice game will make us lose if we play in the long run. For those who like playing Dice, the martingale strategy is
what many gamblers use when playing Dice. But the problem experienced by gamblers when using the Martingale strategy, will experience
a different longest streak of losses.

I myself experienced 23 losses streak, this has been terrible for me. Especially for gamblers who experience above that number, I find it hard to imagine
how much bankroll to spend. Therefore, my advice is that if you get a large enough profit when playing dice, stop immediately. Because if it continues
it will definitely end badly.

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Quote from: mu_enrico on January 29, 2021, 07:21:12 AM

There was a discussion here about the 67 losing streaks. Too bad the guy was necrobumping. He should have posted here for the lul as he said he lost 0.2 BTC with this.

Anyway, if you play long enough, and it's doable because of the rolling speed on auto mode, you can get more than 67. Scary? Well, if he used reverse martingale, he could be rich af.

So far I'm all good now with my martingale strategy I'm doing this on Betfury I'm using straight martingale and doing it manually so I can track the movement and the combination, there's no exact strategy every time I gain my losses by doubling up I refresh and start over again, my longest losing streak was 12 I almost lost all my earned BFG token id it goes straight 15, just lucky it stopped on the 12th on the other gambling sites my longest was 20 and when you have this number you are wiped out.

mu_enrico

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There was a discussion here about the 67 losing streaks. Too bad the guy was necrobumping. He should have posted here for the lul as he said he lost 0.2 BTC with this.

Anyway, if you play long enough, and it's doable because of the rolling speed on auto mode, you can get more than 67. Scary? Well, if he used reverse martingale, he could be rich af.

iamsheikhadil

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32 losses consecutively?! That's pretty disastrously insane! I guess that's the reason we say no strategy works when it comes to sweet cool gambling Grin

I tried martingale system in past and I guess I busted always my balance within 10-12 losses because I was playing big as compared to my bank roll. I never tried this strategy after because it's always so risky and gut wrenching!

shoreno

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Quote from: Twentyonepaylots on January 28, 2021, 06:26:44 PM

With martingale my longest lose streak was around 16. with my initial balance reaching at least 0.025 BTC if my mind serves me correctly. Definitely a big loss considering how high bitcoin would reach nowadays when I did this when it was still around 9k January 2020 or something.

what was the settings of your martingale and how much is your starting bet and capital? reaching 0.025btc in just 16 bets sounds like your base bet and increase on loss is kinda bit high and why didnt you stop after reaching 0.02btc ? thats already a nice amount but i understand that greed can interfere in the way

Quote from: Twentyonepaylots on January 28, 2021, 06:26:44 PM

I rarely see people ever winning anyway in FreeBitcoin as that site is a sham. They literally do false advertisements where they say you're earning this and that but in reality, you're earning nothing because of very high house edge.

sham ? shame ? or you mean scam ? . freebitco is legit and i already win on their hi lo for a few times and if you can check on the freebitco thread there are also winners .

Genemind

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Quote from: Sativanaka on May 02, 2020, 07:13:04 PM

Quote from: janggernaut on May 02, 2020, 06:42:21 PM

Quote from: Sativanaka on May 02, 2020, 06:06:10 PM

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

I "only" ever had around 16 streak loses, and it was wiped out all of my balance too since i thought i wouldn't facemore than 16 streak losses just in few bets after i started gambling, but it happened.

32streak losses? How big your bankroll back then to able survive more than 30 streak losses? Even if you only started with 1 sat, it will required so huge bankroll to do that

Not that big, I made a deposit near to 5 BTC months before, lucky or no I managed to get around 10BTC.

For the ones who asked, yes, thank God I did won. After that day I NEVER played anymore.

Worse feeling I ever had it was think that I can lose all my BTC but if I decided to don’t bet higher I was accepting to loss around 75% of my whole bag.

Things escalated really fast. Scary, truly scary.

The main reason is to know the biggest streak, things has change since 2018, there is more casino who accept cryptocurrencies like XLM, RVN, DGB, so I gues your bankroll is “bigger” since the value of the coin is not that big.

That is a huge bankroll, the longest one I had as far as I remember was 13 losing streak, I started with the lowest bet possible, and as far as I can remember my bankroll was just about $100, but I am not too certain about this since I stopped gambling for almost a year now because of my losing streak.

If you are using martingale everything escalates fast and your hand sweats as your losing streak increases. LOL! Good thing you had your thrill and won on your last bet and stopped after winning.

xSkylarx

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14 lose streak if I remember way back 2018. I won some amounts before hitting that losing streak. I manage to double my capital that time but greediness won at that moment and in just a few seconds my bankroll becomes 0. I even attempted to recover it but ended in a failure. I feel very bad that time thinking that if I did not get greedy maybe I could buy something I want for myself.

Twentyonepaylots

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With martingale my longest lose streak was around 16. with my initial balance reaching at least 0.025 BTC if my mind serves me correctly. Definitely a big loss considering how high bitcoin would reach nowadays when I did this when it was still around 9k January 2020 or something. I rarely see people ever winning anyway in FreeBitcoin as that site is a sham. They literally do false advertisements where they say you're earning this and that but in reality, you're earning nothing because of very high house edge.

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Quote from: 20kevin20 on May 15, 2020, 04:34:56 AM

Quote from: Sativanaka on May 02, 2020, 06:06:10 PM

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

OP, if you'd be starting from 0.00000001 BTC with martingale means you'd need a total balance of 85.89934591 BTC to wager. Are you sure you've lost 32 times in a row? Grin

My largest loss streak was from 1 sat to .025 BTC. Hurt as hell to see the loss streak although it was when BTC was under $1k. Martingale is an ensured loss.. Cheesy

Hey, i was in 4% win-chance and it caught me on 316 rolls in a row! I was rolling about 7 days, made from 0.005 to 0.11. On 8º day i got 2 times stopped with the same initial amount.

We cant beat the house, but it doesnt mean that we cant increase our chance to be lucky.

Maybe if you got some dice settings that gives you a balanced double or nothing "strategy", and the loss or win of it is balanced, what about you divide your bankroll into, idk, 10, or even 20 sessions of martingaling the bankroll?

At first look your chances to be successfull are higher than only setting some win chance and martingale increase. I think you have to be a lucky guy and stop about 10% of your bankroll with dice settings that goes in your favor the most, to have some chance to fight the casino as everybody tries.

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Quote from: TheUltraElite on May 15, 2020, 02:07:06 AM

Essentially the answer to your OP question is infinite. You can get as many reds/greens as the universe can give on any betting streak regardless of whether it is martingale or not. This is called luck and you cannot use martingale to evade your bad luck. If there was such a method then casinos would have gone bankrupt a long time ago

Casinos don't go bankrupt for two major reasons

And none of these reasons has anything to do with the requirement of an infinite bankroll of the gambler. The first reason is that casinos limit the amount you can win (yeah, regardless of whether it is martingale or not). And the second reason is that only a small (more like tiny) fraction of gamblers are using martingale in a way that could and would ruin a casino in the blink of an eye if there were no restrictions

To keep it simple, just imagine there is only one player with a huge bankroll and a small house edge versus a huge number of small players with tiny bankrolls but still comparable to the first player's if added up. In this case, you could further reduce the showdown to just two players with equal bankrolls, one of which is using martingale against the other to overcome the latter's house edge. Who is going to bust sooner?

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Quote from: matchi2011 on May 03, 2020, 11:24:18 AM

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Quote from: Sativanaka on May 02, 2020, 06:06:10 PM

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

I'm a small-time gambler and yes I do martingale but I never go fast 10, or if my small funds will still allow me to go on, the longest I have been on a dice losing streak was only 10 it's hard to keep when you are in your bad day, you have no choice but to stop and only play with funds that you can afford to lose.

I know martingale will not work for me as I do not have so much enough that keep doubling and keep adding the money to keep gambling it. Also I do not gamble as such to make money so not worth it. Only for people who want to make money or just play for it may be interested provided they can afford so much money to have with them.

Martingale in the long run needs to have huge amount of funds. Keep doubling your stake and with unsure numbers of losing streaks it will burned huge amount of money. I don't have that long losing streak since I don't gamble that much might be 8-10 losing streak if i remember it correctly and after losing everything I stop and forget about doing the same strategy again.

A normal person would not be able to keep doubling the money and keep losing for 8-10 times in a straight go. If one is rationale, they know you can't keep losing money when that money is important for you and unless you are rich and even if lost some couple of thousand or hundred dollars it is not going to make any impact to you. then you can keep playing that way else one should be moving out of it.

bitcoin31

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The longest streak of losses that I experinced that I remembered is only 10 plus if I estumated in the dice game.

Actually I did not count the losses because I focus in the winning amount of money not the longest break losses . Im shocked the others is 20 plus and for sure they lose more money on that day .

20kevin20

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Quote from: Sativanaka on May 02, 2020, 06:06:10 PM

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

OP, if you'd be starting from 0.00000001 BTC with martingale means you'd need a total balance of 85.89934591 BTC to wager. Are you sure you've lost 32 times in a row? Grin

My largest loss streak was from 1 sat to .025 BTC. Hurt as hell to see the loss streak although it was when BTC was under $1k. Martingale is an ensured loss.. Cheesy

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Essentially the answer to your OP question is infinite. You can get as many reds/greens as the universe can give on any betting streak regardless of whether it is martingale or not. This is called luck and you cannot use martingale to evade your bad luck. If there was such a method then casinos would have gone bankrupt a long time ago. A real martingale assumes that the bankroll is infinite and that the maximum bet outcome is infinite too, which is false in real life gambling and so it will fail at one point, which site is the game on, is irrelevant.

Quote from: Sativanaka on May 02, 2020, 06:06:10 PM

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

You should consider yourself lucky that it did not go beyond that.

deisik

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Quote from: Sativanaka on May 02, 2020, 06:06:10 PM

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in

freebitco.in has an insane house edge of 5% or something to that tune

So it is no surprise that you can lose 32 bets in a row on x2 multiplier (provided you have that much money in the first place). With a regular house edge of 1%, I've seen streaks of 28-29 losses, although on a somewhat higher multiplier (like 40% winning chance). People anecdotally report and I can confirm that variance (which is responsible for longer losing streaks) is surging with odds below 37% up to a point where it becomes completely unmanageable (read, don't try your luck and practice martingale at odds lower than 37%)

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Quote from: Sativanaka on May 02, 2020, 06:06:10 PM

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

Generally, when I am gambling, if I start losing, I do not continue any longer, but in some cases, I may be continuing due to psychological factors and in this case I am constantly losing. I'm not entirely sure, but I remember I lost around 10-12 in a row the way you mentioned, because for more, either I can't afford it, or I manage to stop myself from playing more. Unfortunately, even though I know how to stop myself, I always lose long-term and spend my money by gambling. That's why when I am gambling, I deposit a small amount of money in my account in order not to spend a lot of money.

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Quote from: Sativanaka on May 02, 2020, 06:06:10 PM

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

Well. My longest lose streak in a dice game using a martingale strategy is only 12. I suddenly stop when i lose in my 12th bet because i had enough losing more money, so i just prevented myself to lose all of my profit in just one day.

Tytanowy Janusz

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Quote from: Sativanaka on May 03, 2020, 07:05:42 AM

I wasn’t aware of the risk management while betting, I thought it was kinda reserved just for my trading activity, thanks God I din not lose that last roll, but as I mentioned. I never played anymore...

Risk management is useless in gambling with luck-based games. It does not matter if you place a bet with 1% of your gambling wallet or 100% you still have the same odds of winning and reward if proportional to risk. Risk/money management is necessary only with games in which your opponent does not have statistic advantage over your. F.e Poker.

That's why we have professional Poker players and 0 professional roulette players. Because with luck-based games there is only one factor that determines how much you win/lose - that's luck.

Quote from: Sativanaka on May 03, 2020, 07:05:42 AM

Nice info in those thread, taking that in consideration, I was using the Martingale v4 that it shows there The fibbo progression...

Fibbo progression had one of the worse results. Fibbo is too slow in compare to accumulated lost.

Quote from: Tytanowy Janusz on August 23, 2019, 06:35:42 AM

Well i don't have impressive results.

Code:

Limit:
1000000
target:
2000000
How manny tests
10000
Casino lost with 0 gamblers out of 10000

No one was able to double portfolio while entering casino with 1 000 000 initial bet - with original martingale 27% gamblers beat casino.

How about lower limits?

Code:

Limit:
500
target:
1000
How manny tests
100000
Casino lost with 3460 gamblers out of 100000

Only 3,46% gamblers was able to double. With original martingale 39% gamblers beat casino.

That's because Fibonacci function grow too slow. Means that after 10 lost bets next bet will be 89. Total loss will be 232 what gives net loss. That way you are constantly going down with your wallet.

Topic: What has been your longest streak of dice losses using martingale ..? - page 4. (Read 975 times)