Topic: What was your Worst losing streak at bitcoin dice with 1.5 payout? - page 3. (Read 821 times)

One of my favorite bet odds is 1.5x payout with a win chance of 63.33%, I did a manual bet with a bet amount of 100 satoshis.
Then I use the Martingale strategy with each defeat I increase the bet amount 2x. And it turned out that I had a losing streak of 12,
and it was the worst losing streak I have ever experienced. So now I limit it to only 10 losing streak. By limiting the losing streak,
I can keep my capital from running out.

thats because you play for long term . its not martingale strat that makes you loose but its the gambling system  . how many times they remind us that gambling is getting harder to win the long run ? i have done what you said which is withdrawing and playing again or starting all over again using martingale but the results are now mostly loose after that but thats fine atleast you already secure your wins  before . sometimes i got lucky and my spare captital still wins , i just did same thing till the spare capital totally drained off

And it can also wipeout your balance easily using martingale strategy.  Ive been doing that before and ending the same result in lng term. It can be work if you will widraw your winning every your capital make it double then continue to play using your remaining balance and stop if you think you win enough.

Martiangle only works for people who have lot of spare money so that they can multiply it after every loss and just in case after certain number of losses if you have to stop considering you cannot lose more then you are stuck because you have already made a heavy losses. Anything above 10 for me is time to stop and reading people have lost like 15, 20 etc in a straight is really a big.

i was using 1.5 payout with LTC ... 2.9 LTC on hand but i faced such a streak of reds where i was expecting its going to end on 8 but no then 9 but no then 10 but no then 11 but no .... after 10 i was to half the bet 2 times ... this way still i goes to make a loss of 2.5 in 19 Reds streak ...

if 19 reds possible in 1.5 i am sure these could be more as per earlier cris said... no calculations no end...

one more thing i try my best to read the seed behavior ... when i play atuo with just to gain the benefit of increase on loss... i place 1 loss streak STOP... i place 0.00000001 win STOP... now i manual half or quarter the bets ... interesting thing i found is ... When i keep playing bet by pressing space bar or mouse click ... i get a loss streak of 3 very late like after 30 bets .... but if i make the loss streak STOP 4... every 4 to 8 wins there is comming 4 loss streak ....

hope friends you can understand what i am trying to explain....

if i play with Auto Stop loss streak ... even 6.... this will come eventually soon....
but on bets muanlly clicked this 6 streak will appear late ...
its a logical thing i have observed so for while playing 1.78 to 2.10 payouts ...

my favoriet payout is 1.88 ... with 125% increase ... 7 streak stop at auto ... then decrease bet to half and play sami auto by 1 loss streak STOP... 1 stoshi profit stop...

Best of luck you all friends ... i am new in dice ...

Thanks ...

x1.5 payout is my favorite. Max losses in a row I ever had was 13. Now when I feel like having bad luck, I simply change to x3 or a higher payout. I mean, why not?

Apart from the streak of 13 losses in a row I've also had winning streaks of over 30 wins in a row at x1.5 payout. So in the end it all depends on your luck.

I've put stop loss on 13 in row on 50%. So once I got 13 losses then 1 win followed by 13 losses again. You can't beat the math long term.

I've never really played on 1.5X, but I once had a 19 roll losing streak on x2.
I don't use strategies like the one you've mentioned though, which seems to be a slightly adjusted Martingale betting system.

It's definitely more common than you think to see losing streaks like that and when you're using Martingale it wouldn't even last that long.
Since you'd be out of money before that happens

I think I have ever hit more than 20 losses in a row with a 1.5 payout on the dice game, it might sound crazy and unbelievable but I have also heard from quite a number of gamblers sharing their gambling experience to me that they have also gotten 20 losses in a row before too with a 1.5 payout, that is one of the reason that makes some gamblers losing all their money away in the dice game due to martingale strategy on a long losing streak.

Everyone play gambling online to make money, they never want to lose their money, but once they start losing money then they find it hard to control themselves, because they want to recover their previous lost but instead they lose more and more which cause a big lost for time in the end.

That's right. Lower payout seems safe at first but, those are the worst strategies. I have seen people losing more than one bitcoin on 1.01x payout. We can't predict anything it's better to go with high payout strategies.

I can't actually recall it, it's like two years if i'm not mistaken since the last I used a payout lower than 2x. I mainly used 2x, 2.5x and 10x sometimes. I'm more comfortable with those payout risking an amount with the same amount or higher in return rather than risking an amount with lower of the bet amount in return. Also no matter how you set it your chance in winning still low. Goodluck on your gameplay.

I did not play it any more as I played and tried dice when I was younger like you guys and now cryptocurrency has entered into gambling so it will be more interesting but as much as I observed it does not work for long run. Now you have to play with good care and betting does not mean that you are winning more but all you need is to choose a perfect time so that you may increase your winning chances.

good (or bad) to know, thanks . out of curiosity what was the gambling site?

1.5x was my favorite strategy. I used to let it play on autobet using dicebot. Quit using it when i lost 0.2 Bitcoin. That was when Bitcoin worth around 17k dollars. I got 12 reds in a row, it was quite unexpected. 1.5x is a dangerous strat if you don't have luck. That could wipe out your entire balance in seconds.

there was the case of that japanese guy who almost made just dice casino close. but still no way i would bet 4000 btc ahah. anyway as you said it s just an experiment with free money. im not really losing that much time with it, just left a window open and let it roll and then i wrote a couple of messages here, thanks

I haven't read something that is a like this topic but I guess it is similar like that and it's basically a dice betting question. I haven't tried 1.5 payout but only a little. It's around I guess 100000 satoshi's that I lost but it was small back then. I don't want to continue gambling because I could get addicted to it.

If gambling can work exactly as per the calculations then by now we should have seen many people become rich by playing this game and also we should have seen many gambling houses closing. But until now never seen any gambling house closed because of bankrupt but only people are losing money in the long run. Since your doing your experiment with free money so you can try but don't waste much time and money on this experiment instead use that time for some other better things do.

payout 1.5 is not profitable with increase on loss at 50%. minimum is 201%

my test is now at 27500 satoshi, it now can sustain 9 consecutive losses at increase on loss aT 210%.if it passes 32000 i can put it up to 220%

http://fiddle.jshell.net/2w9m0t1b/73/show/light/

thanks a lot for all your answers. i m making a test with free rainbot money from a gambling site and turned 800 staoshi into 23254 so far in  a few days (not 24 hs a day) starting bet 2 satoshi , 1.5 opayout and increase on loss 210% (220% at times)

max losing streak so far 6 or 7. it can now sustain 8 consecutive losses and if it reaches 26000 it will be able to sustain 9 consecutive losses. i have a probability calculator that says that on 1 million rolls is about 15 the maximum that it could reach. of course i know about gambling fallacy and that this can be much more. but im just curious

this is with chance 66 % more or less