Topic: what position size for martingale? - page 2. (Read 2274 times)
I love to use martiangle and add the paroli system this can reduce my losing streak. For example paroli system usually came in when you win 3x streak or lose one time. But when you add the two things up. starting betting a higher amount bet 3x whether a win or lose then go back to base bet i don't why but i just love this type of tactic
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wow i never thought of losingn 20 time straight at rate of almost 1/2. the max losing streak i ever had is just 16 at 53.1%
Get 20 streak loses at 49.95% or 2x multiplier is normal. I had 28 streak loses at that win chance back then (The highest streak loses is 32 from someone until now). wow i never thought of losingn 20 time straight at rate of almost 1/2. the max losing streak i ever had is just 16 at 53.1%
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this would not work unless you have a huge amount of bankroll like 100.
No matter how big your bankroll, if you using martinshit strategy, you'll ended busted/lose.this would not work unless you have a huge amount of bankroll like 100.
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wow i never thought of losingn 20 time straight at rate of almost 1/2. the max losing streak i ever had is just 16 at 53.1%
Get 20 streak loses at 49.95% or 2x multiplier is normal. I had 28 streak loses at that win chance back then (The highest streak loses is 32 from someone until now). wow i never thought of losingn 20 time straight at rate of almost 1/2. the max losing streak i ever had is just 16 at 53.1%
~snip~
this would not work unless you have a huge amount of bankroll like 100.
No matter how big your bankroll, if you using martinshit strategy, you'll ended busted/lose.this would not work unless you have a huge amount of bankroll like 100.
I would never ever recommend people to bet using martingale. There have been many cases where people lost their entire bankroll when they lost more than 10 times in a row. You may win bits by bits most of the time but it will take one losing streak to wipe out all of your bankroll. Then it would be too late to regret.
Position size for martingale would depend on how much bankroll do you have and losing streaks would depend on how high your multiplier is. I do experience 60x losing streak on dice since I do set the odds to get the multiplier of 60x which could really suffer you from long streak lose because the winning chance is too low. If you are referring on losing streak on 50% then I experience 15x.
Everything is possible with long Martini session. Not only bet size matters, but also - according to Deep Math - amount of "rolls" (vide CPC). Usualy I use even as low bet as 0.01% of bankroll. IMO Martini is bad choice for long run, like all other progression-based systems by the way.
this would not work unless you have a huge amount of bankroll like 100. and your right martingale is bad choice at long round because the site always win on long term martingale. there are alot of strategies out there why would you stick on martingale I saw a streak of 20 losses yesterday at 49.5% chance to win per roll.
It happened on Just-Dice, so I know the rolls are fair (I wrote the code).
Luckily the player was able to afford a 21st roll, and ended up winning:
It happened on Just-Dice, so I know the rolls are fair (I wrote the code).
Luckily the player was able to afford a 21st roll, and ended up winning:
wow i never thought of losingn 20 time straight at rate of almost 1/2. the max losing streak i ever had is just 16 at 53.1%
I use BTC0.001 as my starting amount in a 5 streak martingale in dice, if that amount will reach to BTC0.01 then stop or if my whole bankroll loses whichever comes first. That is just my way in dice games but in sports betting I do flat betting, with a fix amount and a bigger bets, normally my minimum bet is BTC0.01.
Hey guys, what position size do you use for martingales
so far I've only ever had a 6x losing streak before I have to switch to random walk, this is because my position size starts out at 1% of the gambling capital
do you guys bet with .5% or even smaller? this would let you get to 7 or 8 losing but it also requires more turns to make any decent winnings, increasing your personal odds of getting a longer losing streak if you haven't encountered it before (although I understand the losing streak can happen at any time since this is all luck)
so far I've only ever had a 6x losing streak before I have to switch to random walk, this is because my position size starts out at 1% of the gambling capital
do you guys bet with .5% or even smaller? this would let you get to 7 or 8 losing but it also requires more turns to make any decent winnings, increasing your personal odds of getting a longer losing streak if you haven't encountered it before (although I understand the losing streak can happen at any time since this is all luck)
To be honest I think you are over thinking it. It's gambling, you will lose in the long run, and there is nothing you can do about it.
You should control you bankroll, so you don't lose money you shouldn't be gambling, but that's about it. The rest is all about trying to get luck, and get out when you get it. I prefer to bet from 5% to 10% of my bank, but I don't do martingale. Yes sometimes I double it, but not doing a strict martingale.
Normally I bet between those amounts I mention, and I try to double or go bust, period xD
Hey guys, what position size do you use for martingales
so far I've only ever had a 6x losing streak before I have to switch to random walk, this is because my position size starts out at 1% of the gambling capital
do you guys bet with .5% or even smaller? this would let you get to 7 or 8 losing but it also requires more turns to make any decent winnings, increasing your personal odds of getting a longer losing streak if you haven't encountered it before (although I understand the losing streak can happen at any time since this is all luck)
so far I've only ever had a 6x losing streak before I have to switch to random walk, this is because my position size starts out at 1% of the gambling capital
do you guys bet with .5% or even smaller? this would let you get to 7 or 8 losing but it also requires more turns to make any decent winnings, increasing your personal odds of getting a longer losing streak if you haven't encountered it before (although I understand the losing streak can happen at any time since this is all luck)
To be honest I think you are over thinking it. It's gambling, you will lose in the long run, and there is nothing you can do about it.
You should control you bankroll, so you don't lose money you shouldn't be gambling, but that's about it. The rest is all about trying to get luck, and get out when you get it. I prefer to bet from 5% to 10% of my bank, but I don't do martingale. Yes sometimes I double it, but not doing a strict martingale.
Normally I bet between those amounts I mention, and I try to double or go bust, period xD
Hey guys, what position size do you use for martingales
so far I've only ever had a 6x losing streak before I have to switch to random walk, this is because my position size starts out at 1% of the gambling capital
do you guys bet with .5% or even smaller? this would let you get to 7 or 8 losing but it also requires more turns to make any decent winnings, increasing your personal odds of getting a longer losing streak if you haven't encountered it before (although I understand the losing streak can happen at any time since this is all luck)
so far I've only ever had a 6x losing streak before I have to switch to random walk, this is because my position size starts out at 1% of the gambling capital
do you guys bet with .5% or even smaller? this would let you get to 7 or 8 losing but it also requires more turns to make any decent winnings, increasing your personal odds of getting a longer losing streak if you haven't encountered it before (although I understand the losing streak can happen at any time since this is all luck)
To be honest I think you are over thinking it. It's gambling, you will lose in the long run, and there is nothing you can do about it.
You should control you bankroll, so you don't lose money you shouldn't be gambling, but that's about it. The rest is all about trying to get luck, and get out when you get it. I prefer to bet from 5% to 10% of my bank, but I don't do martingale. Yes sometimes I double it, but not doing a strict martingale.
Normally I bet between those amounts I mention, and I try to double or go bust, period xD
You can try martingale on our site http://crazybtrade.com
Please use 1.85x coef.
Chance of winning is really 50/50.
Good luck!
Please use 1.85x coef.
Chance of winning is really 50/50.
Good luck!
Are you saying you pay out 1.85 times the stake for a 50% chance of winning?
That's a huge 7.5% house edge.
Why would anyone want to play on such a site when every other site (except satoshidice) is offering 1% house edge games or better?
If you play games of luck no matter how small your starting bet is you can go losing up to quite a lot of times. I am talking about online casinos as in real life Martingale work wonders (or should I say worked since land casinos put betting limits only to avoid the martingale guys). In real life if you flip your coin it cannot be 100x head or 100x tail as laws of mathematics and statistics don't permit that.
So I think martingale is out of the question that will bring to the user losses and is better to use it only in soccer up to 5-6 times with games with odds 2 or more, very difficult but not impossible.
So I think martingale is out of the question that will bring to the user losses and is better to use it only in soccer up to 5-6 times with games with odds 2 or more, very difficult but not impossible.
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Lost over 30x in a row. Welcome to earth lol
i loss in over than 7 times in a row but only make small winning with small money. i guess i really need my luck to win the money. but maybe i will trying in the other days and i hope my luck is working like the others.
And if you need to martingale, have the decency of doing at least 2.1x instead of the classic 2x.
It doesn't seem to change a lot, but in reality with long martingale it has its effects.
It doesn't seem to change a lot, but in reality with long martingale it has its effects.
I saw a streak of 20 losses yesterday at 49.5% chance to win per roll.
It happened on Just-Dice, so I know the rolls are fair (I wrote the code).
Luckily the player was able to afford a 21st roll, and ended up winning:
It happened on Just-Dice, so I know the rolls are fair (I wrote the code).
Luckily the player was able to afford a 21st roll, and ended up winning:
Whenever I encounter 10-12 straight reds, my mouse suffers. I think if I encounter this 20reds, I wont be able to move even an inch of my muscle.
Super martingale 
If you have an unlimited bankroll with no betting limits theoretically you can dig yourself out of a hole if you go on a ridiculous losing streak on the martingale system.
In reality though, using the martingale system on any type of gambling carries risk because not everyone has an unlimited bankroll, and many betting sites or casinos will eventually limit your stakes.
In reality though, using the martingale system on any type of gambling carries risk because not everyone has an unlimited bankroll, and many betting sites or casinos will eventually limit your stakes.
Every casino will eventually limit your stakes. There are only ever going to be 21 million Bitcoins. It only takes 25 doubles to get from 1 BTC to over 21 million BTC. People don't have a good feel for how quickly "doubling" makes a number big.
I saw a streak of 20 losses yesterday at 49.5% chance to win per roll.
It happened on Just-Dice, so I know the rolls are fair (I wrote the code).
Luckily the player was able to afford a 21st roll, and ended up winning:
It happened on Just-Dice, so I know the rolls are fair (I wrote the code).
Luckily the player was able to afford a 21st roll, and ended up winning:
Seeing so many 9x, the best game here would have been to bet over 99 all those rounds, for a 200x gain.
If you have an unlimited bankroll with no betting limits theoretically you can dig yourself out of a hole if you go on a ridiculous losing streak on the martingale system.
In reality though, using the martingale system on any type of gambling carries risk because not everyone has an unlimited bankroll, and many betting sites or casinos will eventually limit your stakes.
In reality though, using the martingale system on any type of gambling carries risk because not everyone has an unlimited bankroll, and many betting sites or casinos will eventually limit your stakes.
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