🐺WOLF.BET - Advanced Dice Game 🎲 Sportsbook 🏟️ Slots 🎰 - page 74.

barbara44

hero member

Activity: 2534

Merit: 605

Quote from: SquallLeonhart on August 12, 2020, 11:10:43 AM

After all in martingale you can win thousands of times but 20-30 loss in a row means all your money gone and when you gamble thousands of time losing 20-30 times becomes a lot more possible.

Yeah that does happen, there was one of my colleague (who gambles in office) had 27 in a row at x2, and someone calculated, now don't get me on the numbers because I am bad at it but if I remember correctly there was 20% chance that you could have 20+ losses in a row in 5 or 50 million bets. So, it was quite possible if you bet for a long period of time, or you could just start with 20 losses in a row on your first bets.

So, the losing streak is something that is common in the crypto world, I am sure you could find a way to get out of that streak and win some to make it break even eventually, but do not chase the losses too much, if you want to do that you could lose it all. I remember when I lost 0.2 total when doing martingale, and on the last bet I said I will go all-in with 0.2 and make it break even, instead my total losses became 0.4

.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: SquallLeonhart on August 12, 2020, 11:10:43 AM

Quote from: deisik on August 06, 2020, 04:44:25 AM

Other than that, you evidently refer to relative profits, in more mundane terms, as expressed as %%. However, even if technically you are correct (in this relative frame of reference), your profits in absolute terms may still amount to something worthy setting it up. For example, if you invest 1k dollars and are able to make, say, 30-50 dollars a month, I still consider it a good result. Another question, though, is how long a casino will let you get away with it. This is basically the only objection or opposition to martingale irrespective of its specific implementation

Because it is not a disadvantage? The faster the bets are the more money wolf.bet would make, if you think there is a chance that in the long run people would win something, you are basically wrong due to house edge, as long as there is a house edge on the casino that means people will keep on profiting and that is what matters, if you can bet 1000's times in seconds which I think sounds a bit too much, maybe like 20-30 times per second should be around the max, but if you can bet over thousands in seconds, that means you are going to try martingale in a very very fast motion which would result with you losing all of your bankroll under few seconds and you can't do anything to stop it

I would say it is not that simple

But seriously, how much does the house edge have to do with martingale? I don't think that a lot. More specifically, running a martingale setup, you should be more afraid of the variance and not the house edge as such (at least as long as it remains small like ~1%). Put differently, it is not the house edge that will wipe you out, but variance. To better understand my point, just picture a hypothetical situation where there's no house edge at all. Would you be better off and by how much? Does it actually make a meaningful change as far as martingale is concerned?

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: SquallLeonhart on August 12, 2020, 11:10:43 AM

snipped .. but if you can bet over thousands in seconds, that means you are going to try martingale in a very very fast motion which would result with you losing all of your bankroll under few seconds and you can't do anything to stop it.

I think not, if the player set up a stop on loss or stop on win option. If you happen to check the autobet of wolf.bet, there is an option where you can set up limits during losses and winnings. That way a player can prevent his bankroll in depleting due to losing streak in a martingale.

Quote from: SquallLeonhart on August 12, 2020, 11:10:43 AM

After all in martingale you can win thousands of times but 20-30 loss in a row means all your money gone and when you gamble thousands of time losing 20-30 times becomes a lot more possible.

This depends on the setup and the bankroll fund available.

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

Quote from: deisik on August 06, 2020, 04:44:25 AM

Quote from: Haunebu on August 06, 2020, 04:39:03 AM

Quote from: deisik on August 05, 2020, 10:43:06 AM

Martingale is useless with Bitcoin (the point which I always try to emphasize), but there are other coins. and the best among them is Dogecoin. Or why do you think it has become a coin of choice for generations of cryptocurrency gamblers (if I can say so)? In any decent casino you can start rolling with as small as 0.00000001 DOGE. How much is it in dollars? I don't know but should very little, given that 1 DOGE is worth around 0.0035$. And how many bets should you make till the amount begins to give you jitters? A lot!

This is true, but there is no point since I couldn't find any site where 100+ rolls could be done in a matter of seconds which is the only feasible way to generate any sort of decent profit in this manner

Well, I'm not entitled to disclose any information but expect more to come

Other than that, you evidently refer to relative profits, in more mundane terms, as expressed as %%. However, even if technically you are correct (in this relative frame of reference), your profits in absolute terms may still amount to something worthy setting it up. For example, if you invest 1k dollars and are able to make, say, 30-50 dollars a month, I still consider it a good result. Another question, though, is how long a casino will let you get away with it. This is basically the only objection or opposition to martingale irrespective of its specific implementation

Because it is not a disadvantage? The faster the bets are the more money wolf.bet would make, if you think there is a chance that in the long run people would win something, you are basically wrong due to house edge, as long as there is a house edge on the casino that means people will keep on profiting and that is what matters, if you can bet 1000's times in seconds which I think sounds a bit too much, maybe like 20-30 times per second should be around the max, but if you can bet over thousands in seconds, that means you are going to try martingale in a very very fast motion which would result with you losing all of your bankroll under few seconds and you can't do anything to stop it.

After all in martingale you can win thousands of times but 20-30 loss in a row means all your money gone and when you gamble thousands of time losing 20-30 times becomes a lot more possible.

dre1982

sr. member

Activity: 770

Merit: 284

★Bitvest.io★ Play Plinko or Invest!

Quote from: WolfBet on August 09, 2020, 05:16:58 AM

Hey guys, you have nothing to fear, we mostly use this account to post updates, for regular comments there is Applesoda's profile. We have been working on quite a few updates and we can't wait to launch them!

Any big updates like flash bets or something like that? Or even faster rolls?

WolfBet

copper member

Activity: 231

Merit: 29

Hey guys, you have nothing to fear, we mostly use this account to post updates, for regular comments there is Applesoda's profile. We have been working on quite a few updates and we can't wait to launch them!

virasog

legendary

Activity: 3136

Merit: 1172

Leading Crypto Sports Betting & Casino Platform

Quote from: Bitinity on August 04, 2020, 07:01:01 PM

Quote from: dre1982 on August 04, 2020, 01:16:43 PM

Quote from: sana54210 on August 04, 2020, 09:34:53 AM

Wolf.bet has been silent for the past few days, I hope everyone is okay the last message from their wolf.bet account was on 24th of June, it is August already and we haven't heard from them over 10 days. I know in crypto world and all "haven't heard from the team" usually sounds like scam or shady but I know them and they are great and have always been great, that is not what I am trying to mean here, what I mean is, are they okay due to pandemic and all, like health related stuff. Because let's be honest strangers on internet we have seen could get pandemic at any moment and we may never hear from them again, that is a scary thought.

I hope that everyone in the team is alright and they didn't get anything and have been looking out for themselves, and we can get to hear from them soon again.

Well they still pay all the withdraws so nothing to worry about. I think they don't use the admin account that much.

They also got a signature campaign running and they are also still paying that. So nothing to worry about. It would be another story if users came here complaining.

True, even if wolf.bet official bitcointalk account is rare to post something here but the account is still active. Last online was yesterday (less than 24 hours). It means that he is still here and probably they have nothing to post/update in this thread. There is also no complains here in this thread, so everything should be fine.

Admin accounts of gambling websites normally only post when they have to give any update about the site or there is any query/issue which need to be addressed. Since there is no such queries in the recent past, therefore the admin did no find any reason to post here. This is nothing to be worried about as long as the website is live and operating.

gadado

hero member

Activity: 965

Merit: 515

This is just a misunderstanding. Nothing to worry about maybe they were just a little busy or doesn't have any updates for now maybe they have some pretty surprise update soon. Let's just hope they're okay, I've been playing a couple of time in wolf.bet and I haven't encountered so far and also they have a support on their casino to support us let's just wait for them

Found out they replied already that they still active but doesn't post anything it's a good thing even though they're not posting or posting updates they're still active on checking participants here for concerns, etc.

sana54210

legendary

Activity: 3318

Merit: 1128

Quote from: Bitinity on August 04, 2020, 07:01:01 PM

Quote from: dre1982 on August 04, 2020, 01:16:43 PM

Quote from: sana54210 on August 04, 2020, 09:34:53 AM

Wolf.bet has been silent for the past few days, I hope everyone is okay the last message from their wolf.bet account was on 24th of June, it is August already and we haven't heard from them over 10 days. I know in crypto world and all "haven't heard from the team" usually sounds like scam or shady but I know them and they are great and have always been great, that is not what I am trying to mean here, what I mean is, are they okay due to pandemic and all, like health related stuff. Because let's be honest strangers on internet we have seen could get pandemic at any moment and we may never hear from them again, that is a scary thought.

I hope that everyone in the team is alright and they didn't get anything and have been looking out for themselves, and we can get to hear from them soon again.

Well they still pay all the withdraws so nothing to worry about. I think they don't use the admin account that much.

They also got a signature campaign running and they are also still paying that. So nothing to worry about. It would be another story if users came here complaining.

True, even if wolf.bet official bitcointalk account is rare to post something here but the account is still active. Last online was yesterday (less than 24 hours). It means that he is still here and probably they have nothing to post/update in this thread. There is also no complains here in this thread, so everything should be fine.

I didn't mean in the sense that they would be gone and we would never hear from wolf.bet ever again, that is why I am not saying that at all, I just wanted to make sure they are alright because we didn't hear from them again. This is what I was worried about, because when I talked about how we could hear from them and when I said I was worried about them not being around that really scared me to say since people might understand it like "what if we can't get our money back!!" or something, that wasn't what I was trying to say at all, all I was trying to say is that "are they alright in health" and that's it, hope that nobody else would ever feel anything else about what I am saying, I am sure 100% wolf.bet would be fine in the end, I just wanted to make sure they are alright in health.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: Haunebu on August 06, 2020, 10:03:39 AM

though I still have no clue why the house would want to put themselves at a disadvantage in this case

Expect local windbags to declare you a troll, for even admitting such a possibility

Haunebu

hero member

Activity: 3178

Merit: 977

www.Crypto.Games: Multiple coins, multiple games

Quote from: deisik on August 06, 2020, 04:44:25 AM

For example, if you invest 1k dollars and are able to make, say, 30-50 dollars a month, I still consider it a good result. Another question, though, is how long a casino will let you get away with it. This is basically the only objection or opposition to martingale irrespective of its specific implementation

This is the problem, isn't it? Who would want to risk $1000 in order to earn $30 to $50 every month? Its simply not worth it if you think about it especially since Martingale is a negative progression strategy.

Quote from: Applesoda on August 06, 2020, 05:39:19 AM

Well, wolf.bet might surprise you soon! (Don't tell anyone)

I would shift all of my funds to Wolf.bet if such a feature was available there though I still have no clue why the house would want to put themselves at a disadvantage in this case. Excited to know more though.

Applesoda

copper member

Activity: 175

Merit: 5

Official Wolf.Bet Brand Manager

Quote from: Haunebu on August 06, 2020, 04:39:03 AM

Quote from: deisik on August 05, 2020, 10:43:06 AM

Martingale is useless with Bitcoin (the point which I always try to emphasize), but there are other coins. and the best among them is Dogecoin. Or why do you think it has become a coin of choice for generations of cryptocurrency gamblers (if I can say so)? In any decent casino you can start rolling with as small as 0.00000001 DOGE. How much is it in dollars? I don't know but should very little, given that 1 DOGE is worth around 0.0035$. And how many bets should you make till the amount begins to give you jitters? A lot!

This is true, but there is no point since I couldn't find any site where 100+ rolls could be done in a matter of seconds which is the only feasible way to generate any sort of decent profit in this manner.

Found some scammy sites providing 1000 rolls or something in a matter of seconds, but couldn't find anything legit providing the same. This method of playing with negligible amounts is only good for fun, but focusing on earning decent profits is out of the question.

This could change once legit sites provide lightning fast rolls, but I don't think that would ever happen since the house stands to lose a lot in such a scenario.

Well, wolf.bet might surprise you soon! (Don't tell anyone)

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: Haunebu on August 06, 2020, 04:39:03 AM

Quote from: deisik on August 05, 2020, 10:43:06 AM

Martingale is useless with Bitcoin (the point which I always try to emphasize), but there are other coins. and the best among them is Dogecoin. Or why do you think it has become a coin of choice for generations of cryptocurrency gamblers (if I can say so)? In any decent casino you can start rolling with as small as 0.00000001 DOGE. How much is it in dollars? I don't know but should very little, given that 1 DOGE is worth around 0.0035$. And how many bets should you make till the amount begins to give you jitters? A lot!

This is true, but there is no point since I couldn't find any site where 100+ rolls could be done in a matter of seconds which is the only feasible way to generate any sort of decent profit in this manner

Well, I'm not entitled to disclose any information but expect more to come

Other than that, you evidently refer to relative profits, in more mundane terms, as expressed as %%. However, even if technically you are correct (in this relative frame of reference), your profits in absolute terms may still amount to something worthy setting it up. For example, if you invest 1k dollars and are able to make, say, 30-50 dollars a month, I still consider it a good result. Another question, though, is how long a casino will let you get away with it. This is basically the only objection or opposition to martingale irrespective of its specific implementation

Haunebu

hero member

Activity: 3178

Merit: 977

www.Crypto.Games: Multiple coins, multiple games

Quote from: deisik on August 05, 2020, 10:43:06 AM

Martingale is useless with Bitcoin (the point which I always try to emphasize), but there are other coins. and the best among them is Dogecoin. Or why do you think it has become a coin of choice for generations of cryptocurrency gamblers (if I can say so)? In any decent casino you can start rolling with as small as 0.00000001 DOGE. How much is it in dollars? I don't know but should very little, given that 1 DOGE is worth around 0.0035$. And how many bets should you make till the amount begins to give you jitters? A lot!

This is true, but there is no point since I couldn't find any site where 100+ rolls could be done in a matter of seconds which is the only feasible way to generate any sort of decent profit in this manner.

Found some scammy sites providing 1000 rolls or something in a matter of seconds, but couldn't find anything legit providing the same. This method of playing with negligible amounts is only good for fun, but focusing on earning decent profits is out of the question.

This could change once legit sites provide lightning fast rolls, but I don't think that would ever happen since the house stands to lose a lot in such a scenario.

Applesoda

copper member

Activity: 175

Merit: 5

Official Wolf.Bet Brand Manager

Quote from: sana54210 on August 04, 2020, 09:34:53 AM

Wolf.bet has been silent for the past few days, I hope everyone is okay the last message from their wolf.bet account was on 24th of June, it is August already and we haven't heard from them over 10 days. I know in crypto world and all "haven't heard from the team" usually sounds like scam or shady but I know them and they are great and have always been great, that is not what I am trying to mean here, what I mean is, are they okay due to pandemic and all, like health related stuff. Because let's be honest strangers on internet we have seen could get pandemic at any moment and we may never hear from them again, that is a scary thought.

I hope that everyone in the team is alright and they didn't get anything and have been looking out for themselves, and we can get to hear from them soon again.

We are here! We check your messages regularly, our absence on comments can be justified by the updates we have been working on for the past few days, you have nothing to worry about, we can't wait to bring you some new updates Grin

7788bitcoin

legendary

Activity: 2282

Merit: 1023

Quote from: sana54210 on August 04, 2020, 09:34:53 AM

Wolf.bet has been silent for the past few days, I hope everyone is okay the last message from their wolf.bet account was on 24th of June, it is August already and we haven't heard from them over 10 days. I know in crypto world and all "haven't heard from the team" usually sounds like scam or shady but I know them and they are great and have always been great, that is not what I am trying to mean here, what I mean is, are they okay due to pandemic and all, like health related stuff.

I understand your concern regarding the absence, may be the person managing the account is not feeling well and so is the absence and if they need to replace temporarily they will do that. The site is running smoothly with all the promotions and they are doing great

Quote from: sana54210 on August 04, 2020, 09:34:53 AM

Because let's be honest strangers on internet we have seen could get pandemic at any moment and we may never hear from them again, that is a scary thought.

There will be a team behind the site and there is nothing much to worry, if it is an individual then your point is valid but that is not the case here as you cannot run a gambling site alone Wink

.

dre1982

sr. member

Activity: 770

Merit: 284

★Bitvest.io★ Play Plinko or Invest!

Quote from: iv4n on August 05, 2020, 06:59:11 AM

Quote from: dre1982 on August 05, 2020, 04:03:36 AM

Just multiply the multiplier with 10 and you got the red streak which can happen easily. So 20 reds on 2X, 70 reds on 7X and 100 reds on 10X. Bigger numbers are also possible but they are more rare.

I saw a discussion about that, and I saw that only on x2 and x3 until now, with x5 and over I never saw (or had) 50 reds or 70 reds on x7. These days I have fun with waiting losing streaks on auto betting (simple set up, stop on certain number of losing streak), and when it's stop I rise bets a lot. It's a bit of waiting, a thousand of rolls sometimes to get some longer losing streak, and when it happens you increase your bet exponentially, but still you need to expect more reds, so it's never all in after long losing streak!

I got 121 reds on 10X and 61 on 5X. Maybe that's because I just roll a lot. Last time I did 10mio rolls within 4 hours :-p

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: jostorres on August 05, 2020, 10:33:24 AM

Let's say you have 1 bitcoin and you start betting with 100 satoshi, you could lose all of it in like 20 losses in a row and at that point you will not have any more money to double and win, so just to make 100 satoshi per bet, you are risking 1 bitcoin. There is really no reason to play with martingale at any time, it makes zero sense to gamble with martingale

You are overgeneralizing here

Martingale is useless with Bitcoin (the point which I always try to emphasize), but there are other coins. and the best among them is Dogecoin. Or why do you think it has become a coin of choice for generations of cryptocurrency gamblers (if I can say so)? In any decent casino you can start rolling with as small as 0.00000001 DOGE. How much is it in dollars? I don't know but should very little, given that 1 DOGE is worth around 0.0035$. And how many bets should you make till the amount begins to give you jitters? A lot!

jostorres

hero member

Activity: 2534

Merit: 586

In any case, losing many times in a row is hurting your bankroll a lot faster and that is why "just one win covers all of it" is not a sound strategy considering the fact that if you can't get that 1 win quickly, you may lose all of your money at the same time as well.

Let's say you have 1 bitcoin and you start betting with 100 satoshi, you could lose all of it in like 20 losses in a row and at that point you will not have any more money to double and win, so just to make 100 satoshi per bet, you are risking 1 bitcoin. There is really no reason to play with martingale at any time, it makes zero sense to gamble with martingale, I would say have fun with any way you want but if you want to play with martingale and hope to make some profit, you are going to be very upset.

iv4n

legendary

Activity: 3248

Merit: 1179

Quote from: dre1982 on August 05, 2020, 04:03:36 AM

Just multiply the multiplier with 10 and you got the red streak which can happen easily. So 20 reds on 2X, 70 reds on 7X and 100 reds on 10X. Bigger numbers are also possible but they are more rare.

I saw a discussion about that, and I saw that only on x2 and x3 until now, with x5 and over I never saw (or had) 50 reds or 70 reds on x7. These days I have fun with waiting losing streaks on auto betting (simple set up, stop on certain number of losing streak), and when it's stop I rise bets a lot. It's a bit of waiting, a thousand of rolls sometimes to get some longer losing streak, and when it happens you increase your bet exponentially, but still you need to expect more reds, so it's never all in after long losing streak!

Topic: 🐺WOLF.BET - Advanced Dice Game 🎲 Sportsbook 🏟️ Slots 🎰 - page 74. (Read 50382 times)