Bitcoin Forum

I accidently left the primedice autobet running.

It went from 0.00000400BTC to 0.00001750BTC in 5 minutes.

My stragety.
On win = return to base bet
On lose = double bet amount
base bet = 0.00000010BTC

This was rater interesting.

After that, OP invented time travel, went to 18th century france and had a good one at the roulette tables.
Been there, done that, young padawan.
Have a nice read over here (https://en.wikipedia.org/wiki/Martingale_(betting_system)).

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Or if you prefer a forum based discussion, theres a thread with almost 100 pages in this very section:
Does martingale really works? (https://bitcointalk.org/index.php?topic=610339.0)

This may work short term but you go bust in the long run. Variance will cut into you like you where butter,its one of the most common used
dice systems going.

So when you lost it would go something like this:

 0.00000010BTC lose
 0.00000020BTC lose
 0.00000040BTC lose
 0.00000080BTC lose

and so on and when you win you are not gaining to much,but if you keep losing you go bust. Its like the guys that better -2000 tennis moneyline bets thinking they can make small gains,ignoring the fact they lose as well.

gz, you just reinvented the wheel.

I thought I would see a new and different strategy on dice, but I was wrong. This is just the popular and old martingale strategy, but it is good that you did not leave the auto bet running with bigger bankroll and bigger basebet.

I didn't lose anything.
I got 200 Sat from the faucet.
I used that method but had to cut it short, meaning that I lost and fell to 400Sat.
I then restarted it and got to my 1000 sat.
Now I have restarted it and am at 2000 sat.

This is just the same as martingale and i think this strategy is an old method.. If you really read some thread about martingale method in this board.
you can see they are lots of thread. its Better to read some thread about martingale just use search button so that you can easily find the thread about martingale..
All feedback about this methods are result into lose.. And its always depends in our luck if we can make profit or not..

You would see the same amount of success if you were to all-in every single bet at 2x. Eventually, your "new-found" martingale strategy will collapse upon itself and fail. I would just personally bet the faucet at high multipliers. In fact, I wouldn't even faucet farm in the first place. Unless you're getting more than 0.000002 BTC every single time, it's wasting more money than you can get statistically.

A 100% better strategy for dice games. Stop playing them and play on different games come back another day and play small change and maybe double up on it. Using min bet most the time just going to throw satoshis at the games and result 0 back. Far better games to play than dice.

I needed a good chuckle, thanks Lutpin.

Yeah me too i thought there was a new strategy existed and posted on here. Martingale is a martingfail even with 1 satoshi base bet with a higher bankroll.

pure martingale what is interesting in this? this strategy can go wrong very fast.
regards.
-Katerniko1

This is the same as the majority of people have posted previously.

wow, :o :o :o you found new America man, what a great  discovery you have made, you are  Christoferus Columbus in bitcoin world. we must put up you  monument for this, thanks a lot man. we are not able to  return thanks for it, its brilliant

P.S: really, what a poor man :( :(

Is it just me or is that just some basic martingale stragegy? And winning triple your satoshis isn't really a big win.

If you started from 0.00000001 BTC and went to 1.00000000 BTC then you have a winning strategy.

That's the oldest trick in the book. It is a good strategy to adopt but it is not infallible.
So, Besides going with your strategy, players should also consider to stop at a certain point of losing. Otherwise, you will keep losing it all.

I think you should be lucky at that movement so you made some profits in 5 minutes but if you continue like that and I'm 100% sure you will soon lose back all to house. This is most commonly using method. Don't continue again, you may come back later and try your luck again.

Well you left up playing it in only short time i.e 5minutes in which most of the strategies work (even martingale)  but the problem is that martingale or other dice strategies doen't work in long run .At some point of time you would be rolling with many red loss back to back untill your base bet becomes 0 or lesser than the previous base bet.

Lol!  ;D

So you found the martingale strategy, know that it will eventually lose, that is a guarantee.

The thing is, its not only about martingale, the truth of the matter is, there aren't any strategies because every roll is independent and is not based on the result of the previous one(s) and this has been explained many times but noobs don't wish to learn.

OP if you are really so sure for your strategy why not just use these method for huge amount bets and not only from faucet because i'm so curious to know your bet results if you use these for huge capital bets

I know how it feels when one discovers a strategy that gets him more than double of your profit. Dice games are known to have streaks of continuous wins or loses and where you start from matters a lot. OP was lucky to have fallen on a wins streak which earned him some  good profit. The best option here is stop betting after such a profit because if you continue betting then you will land on the losing streak and burst all your satoshi.

i can't stop laughing.
when i saw the topic i though maybe there is a different strategy, possibly a fun one. then i read OP couldn't believe my eyes so i read it again then i saw post #2

no offense to OP but he is using one of the shittiest and most popular methods of gambling dice and for 5 minutes from 400 to 1750. report your 0.01BTC loss after running the method for an hour and winning 10 satoshi each bet and losing 0.01 in a blinking of an eye

But he is just using faucet amount so the profit is still actually very small. I doubt if he will still use the strategy if he had deposited a large amount of capital. Martingale will eat all his money in no time.  I am sure after reading the comments above he will ditch this strategy all together.

AKA - Martingale.  Good thing you only left it running for 5 minutes.  If you let it run continuously you will always loose.  You also didn't really win much with your 5 minutes.  You went from $0.0016 to $0.0072.  You still don't even have a penny!

Wow! You just found Martingale! Congrats to you buddy. You earned a nice 1350 satoshi profit, too. You are truly a master gambler. Please teach us master! /sarcasm
Don't play martingale too much or eventually you'll lose your whole money. /thread

Programmed losing streaks will kick your ass what kind of strategy you will use. Best to bet without bot so you can see when the losing streak is catching you.

Wow martingail. I lost over 22 times with this... I prefer to call it martinfail

dice is most luck based game that i know, and who knows, maybe they'll make you lose your money, you need to be careful with those strategies, there are no good strategy as far as  i know, no 100% win one

if you think like this you shouldn't even gamble, because according to you the casino's system is rigged so it would be unfair to even consider playing.

but it is not right, you can check their provably fair system and check each of your bets to see if it is rigged or not on your own.

I remember the fist time I tried this on Freebitco.in and I thought I found a way to beat the house. I eventually won some small amounts and then I lost everything. Most reputable sites have built in

Martingale counter strategies, and you cannot win with this anymore. People still win small amounts with variable versions of this, but it's not guaranteed. Good luck with using this strategy in the long

run and winning anything... These days, this is easily countered by the most basic sites out there.  ::)

Looks like a troll post to me. Especially when you look at the profit in 5 minutes: 0.00001750BTC is $0,007315. This is less than 1 cent ffs!

But on the other hand I think this way of gambling is the only safe way to gamble: you just start from the faucet and then try all strategies you want. So good job OP, keep it up. )

Nice nickname martinfail! Not only do betting systems fail to beat casino games with a house advantage, they can't even dent it. In short run u can fool yourself into thinking a betting system works by risking a lot to win a little, but in long run no betting system can withstand the test of time ( and max bet ).

Find better system before "martinfail" ruin u!

This strategy can win a lot of money. Bit when you lose, you lose ALL your balance. I prefer not to use it.

That doesn't actually happen.
With a minimum bet of 10 satoshi with 1000satoshi in my balance.
after 1 loss, it goes down to 990 Satoshi
after 2 losses, it goes down to 970 Satoshi
after 3 losses, it goes down to 930 Satoshi
after 4 losses, it goes down to 850 Satoshi.
5 losses = 690
6 losses = 370
Then the bot stops as insufficient balance. Once I start the bot, the balance then rises again as it should.

Look there are hundreds of these threads and each one has some solution that doesn't work. The only way where you can make good money with PM is by making a bot and then making hundreds of different accounts that bet using the faucet, and after a few several thousands bets from faucet, you can make 1 BTC from nothing, that's the only foolproof stragegy because youaren't actually risking anything.

Maybe he is new to a dice game, and just found this strategy and he got some profits then said that it is a great strategy to gain some satoshi from the faucet. He need to stay longer with this strategy with his own money so he will know whether it is good for him or not.

this method is sooo old, everyone use it, and  i don't see a good reason why, it's not a 100% win chance, and if you'll be on lose streak, you will lose a lot of your money, and you will lose money anyway

This "good" strategy its simple "martingale", and as discused a lot of times on this forum, you will loose on long time betting. You can have luck and win some bits, but you will loose all on time.

I don't think this is a 'strategy' that will reward the player on a regular basis. I think you just got lucky & I wouldn't advise anybody to repeat it with any serious amount of bitcoin.

I wished i would wake up one time and my autobit is up 5 btc