What's your gambling system? - page 4.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: stadus on August 21, 2019, 03:42:33 AM

If I like to go long term, I usually raise a decent bankroll and just bet at least 2% of my total bankroll in every bet, this needs discipline and I'm proud to say I was able to do it.

With probability similar to roulette (house edge close to 2,7%) you will lose 80% of your portfolio after 2977 bets. With such a large sample the distribution will be statistical. Your strategy is similar to "I'll transfer x amount of my money to casino weekly because i like them". The longer you are in casino the distribution is closer to statistical - means casino wins. I don't need to code that. It only needs very simple mathematical formula.

Quote from: Haunebu on August 21, 2019, 03:29:01 AM

Preferred systems:

- Going all in everytime
- Oscar's Grind( Goal is to reach +1 unit and reset )

Among these 3, I stick to the first one majority of the time while I play around with Oscar's Grind now and then. I usually focus primarily on sports betting, but I dabble with these strategies whenever I gamble in casino sites now and then for fun.

Can you specify what's it about?

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

I play sports betting, and the strategy that I used is flat betting, the method that I hate is martingale as I got busted a lot of times using that method, but I don't totally close the possibility of using martingale method as I believe it's still useful if you use it at the right event and at the right timing.

What I like with flat betting is that my bankroll would last long if I will not have a success in betting.
If I like to go long term, I usually raise a decent bankroll and just bet at least 2% of my total bankroll in every bet, this needs discipline and I'm proud to say I was able to do it.

Haunebu

hero member

Activity: 3038

Merit: 969

www.Crypto.Games: Multiple coins, multiple games

Preferred systems:

- Going all in everytime
- Oscar's Grind( Goal is to reach +1 unit and reset )

Among these 3, I stick to the first one majority of the time while I play around with Oscar's Grind now and then. I usually focus primarily on sports betting, but I dabble with these strategies whenever I gamble in casino sites now and then for fun.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: sweetbet on August 20, 2019, 07:55:41 PM

I like to play Roulette, and my favorite bet is the dozen bet which covers 12 numbers in one wager. Place 2 x dozen bets and you cover 24 numbers with 2 wagers.

I've decided not to delete this post because maybe i wasn't precise enough. I'm talking about gambling system such as martingale. Not your favourite bet type - and all of them have the same return in infinite rolls such as i showed in one of my threads - https://bitcointalksearch.org/topic/m.49808336 - 972 $ out of 1000$ on average out of every roll no matter if you bet on single number, first dozen or red. There is nothing to code for you. (1-0.972) * x rolls * bet - and you can calculate your expected loss. If you lose more than you had bad luck if less means that you were lucky.

Quote from: libert19 on August 21, 2019, 12:09:58 AM

[...]

1)Well from the point of view of probability there is no difference if you will switch from red to black or not. So it won't affect simulation. As you said. Sometimes it works - yea 50% times so there is no difference.

2) Martingale with 0.75% win rate... I'll code it for you in free time but in the min time you can take a look at this - martingale with tripling instead of doubling.. You can precise what would be your dream come true portfolio while going with this strategy. 1 000 000 times initial bet? I mean if you are going to bet 0.5 eos first bet than how much money would you bring to casino to feel safe? 500 000 eos? And when would you like to stop? 100% profit?

libert19

hero member

Activity: 2464

Merit: 934

In every 'method' out there, you will eventually get busted. Anyway, I will write my couple of methods where I had bit of luck with.

1) Go to dice site, where it gives you option of lower/above sides, reset on win, double on every lose, when you lose 5 rolls consecutively, change to the other side.

You guessed it right. It's martingale with bit of twist which sometimes works.

Here is thread I made for the same: https://bitcointalksearch.org/topic/just-another-gambling-strategy-5126416

2) Roll with 75% win chances. Double on lose, make the winning bet twice and reset to base bet.

Example,

Start with,

0.1 eos — you lost

Double the bet

0.2 eos — you lost

Double again

0.4 eos — you win

Repeat the winning bet

0.4 eos — you win

If you lose the repeat winning bet then double the next bet. Ie.

Bet with 0.8 eos.

Repeat.

sweetbet

full member

Activity: 961

Merit: 110

SweetBet.com

I like to play Roulette, and my favorite bet is the dozen bet which covers 12 numbers in one wager. Place 2 x dozen bets and you cover 24 numbers with 2 wagers.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Simple math shows that it is impossible to beat casino. Nevertheless, there are bunch of systems that lots of people believe in and relay on. Such as martingale. That brings them to huge losses that they won't have if they would treat gambling as fun with luck rather than a way to earn by finding the best system (most of them require huge input capital).

I've started to learn to code and I've found it fun for me to code simulations for various strategies. I've coded simulation for martingale that shows that it has lower odds of winning than putting all your money in 1 bet and going home with profit or 0. Here is my thread about it together with few improvements that were brought by users and coded too deeper in this thread:
https://bitcointalksearch.org/topic/m.49832531

In this thread I've decided to code every gambling system You have to show that none of them will beat casino. Feel free to post here your system and I'll code it for you in free time. I've made this thread self-moderated to avoid signature spam such as "I like gambling systems because i can earn using them". But don't worry. If your post will be on topic it won't be removed.

List of systems:

\|\|	nr.	\|\|	name	\|\|	explanation	\|\|	simulation	\|\|	short info	\|\|
\|\|	1	\|\|	Martingale	\|\|	xxx	\|\|	xxx	\|\|	double bet after loss	\|\|
\|\|	2	\|\|	Martingale v2	\|\|	xxx	\|\|	xxx	\|\|	triple bet after loss	\|\|
\|\|	3	\|\|	Martingale v3	\|\|	xxx	\|\|	xxx	\|\|	betting with 75% win rate	\|\|
\|\|	4	\|\|	Martingale v4	\|\|	xxx	\|\|	xxx	\|\|	Fibonacci progression	\|\|
\|\|	5	\|\|	Martingale v5	\|\|	xxx	\|\|	xxx	\|\|	Reset bet after winning twice in a row	\|\|
\|\|	6	\|\|	Martingale v6	\|\|	xxx	\|\|	xxx	\|\|	libert19 variation	\|\|
\|\|	7	\|\|	Martingale v7	\|\|	xxx	\|\|	xxx	\|\|	reverse martingale	\|\|

\|\|	nr.	\|\|	name	\|\|	explanation	\|\|	simulation	\|\|	short info	\|\|
\|\|	1	\|\|	Martingale	\|\|	xxx	\|\|	xxx	\|\|	double bet after loss	\|\|
\|\|	2	\|\|	Martingale v2	\|\|	xxx	\|\|	xxx	\|\|	triple bet after loss	\|\|
\|\|	3	\|\|	Martingale v3	\|\|	xxx	\|\|	xxx	\|\|	betting with 75% win rate	\|\|
\|\|	4	\|\|	Martingale v4	\|\|	xxx	\|\|	xxx	\|\|	Fibonacci progression	\|\|
\|\|	5	\|\|	Martingale v5	\|\|	xxx	\|\|	xxx	\|\|	Reset bet after winning twice in a row	\|\|
\|\|	6	\|\|	Martingale v6	\|\|	xxx	\|\|	xxx	\|\|	libert19 variation	\|\|
\|\|	7	\|\|	Martingale v7	\|\|	xxx	\|\|	xxx	\|\|	reverse martingale	\|\|

Topic: What's your gambling system? - page 4. (Read 1506 times)