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Economy => Gambling discussion => Topic started by: Nauro on April 01, 2016, 01:33:46 PM



Title: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Nauro on April 01, 2016, 01:33:46 PM
Well, I am very upset now !

http://prntscr.com/ams8dw


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Sharma on April 01, 2016, 01:36:55 PM
binomial(15+0, 15) 2^(-(15+0)) = ((15+0)!)\/(15! 0! 2^(15+0)) = 1\/32768 ~~ 3.052×10^-5 ~~ 1\/32768

Wow... Wolfram alfa teaches us that the odds for 15 consecutive losses with a 2x doubler would be 1 in 32.768
Offcourse, it'll be a little bit lower @ fortunejack because of the house edge, but still, you were extremely unlucky.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: bitjamz on April 01, 2016, 01:50:22 PM
nothing special you can get up to 24 losses on 2X youre just unlucky  ;D


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: ixCream on April 01, 2016, 01:59:53 PM
Looks like you just recently started gambling and you looked very surprised getting 15 consecutive losses on 2x multiplier.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Phildo on April 01, 2016, 02:02:20 PM
good thing you were using martingale to maximize your losses.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: panjul07 on April 01, 2016, 02:10:05 PM
15+ losing streak on x2 payout is nothing imo, there were some players got more than yours. I myself once got around 20 losing streak, and I was feeling the same with you because it was my first bad lost. But after it I know that it is possible to get such losing streak especially when we use martingale strategy.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: NewBet on April 01, 2016, 02:11:41 PM
Feel sorry for your losing streak sir,
But don't upset, there are always a person that more unlucky than you


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: leex1528 on April 01, 2016, 02:12:24 PM
As everyone has said on this thread.  This is nothing new.  This is why martingale doesn't work.  You have probably won 15 in a row at one time too but you just didn't notice it because it wasn't anything special and didn't make you lose any money.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: fullypak on April 01, 2016, 02:16:53 PM
Feel sorry for your losing streak sir,
But don't upset, there are always a person that more unlucky than you

This a very bad thinking. It looks like you will be happy, if some one lose more money.

I think, if we use this method than you also need to set a maximum loses you can take and if that happen than you should accept the loses and try some other time your luck. If you don't set the maximum lose than don't know how many continuous loses you may need to face. Good luck for next time.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: WEBcreator on April 01, 2016, 02:33:58 PM
nothing special you can get up to 24 losses on 2X

Wrong, you can get infinite loses in every chance however the chance to get it consecutively goes lower every turn. The top record so far would be 24 IIRC however there is still probability that it will go over 24 and that would means that you are breaking this forum's record if you got that one



Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: lolgato1 on April 01, 2016, 02:38:24 PM
nothing special you can get up to 24 losses on 2X

Wrong, you can get infinite loses in every chance however the chance to get it consecutively goes lower every turn. The top record so far would be 24 IIRC however there is still probability that it will go over 24 and that would means that you are breaking this forum's record if you got that one


Nope the longest streak is actually 27 which was got in just-dice really unfortunate
https://bitcointalk.org/index.php?topic=610339.msg7043330#msg7043330 (https://bitcointalk.org/index.php?topic=610339.msg7043330#msg7043330)


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: onlinedragon on April 01, 2016, 02:50:45 PM
With that reason I never play on 49,50 odds and only play manual. Bots can't recognize when things go wrong only that you can't bet anymore because your bankroll is empty.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: jacee on April 01, 2016, 02:55:18 PM
Like they said, not unusual at all. It actually makes me feel a bit happy to see that I am not the only unlucky one who is having these multiple red streak. I though I was the unluckiest person. LOL. :D My worst losing streak was 20 consecutive lose on primedice. :D


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: BitMaxz on April 01, 2016, 04:22:58 PM
Like they said, not unusual at all. It actually makes me feel a bit happy to see that I am not the only unlucky one who is having these multiple red streak. I though I was the unluckiest person. LOL. :D My worst losing streak was 20 consecutive lose on primedice. :D
yeah thats true i experience it too that 30 losing streak in primedice using abot even the chance is 65% i dont even know i i play on the bot i am always  lose but if i play it manually in primedice i can make a profit even a little amount im satisfied for it..


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: joksim299 on April 01, 2016, 05:37:57 PM
Its not very hard to get 15 consecutive wins or losses, its just bad luck you can prove that they weren't cheating.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: bitbaby on April 02, 2016, 03:13:07 AM
Looks like you were martingale(ing), if that strategy worked, everyone would become rich and casinos would go broke. And since every roll is independent from the previous one your chances of losing on the next roll is same as the last one.

Still if you feel like they were unfair, verify the rolls.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: masnad on April 02, 2016, 04:01:35 AM
its bad but not unusual my friend


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: pocarime32 on April 02, 2016, 04:20:45 AM
Ahh, a classic martingale strategy and also dice sites. That's why i never gambling on dice sites anymore, provably fair they said haha. Actually 15 streak losses is normal on dice sites.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Navesh Sapad on April 02, 2016, 04:48:10 AM
Well, I am very upset now !

http://prntscr.com/ams8dw
are you new to gambling ? Because this isnt any surprise thing , I have seen people have 30+ reds  on 2x multiplier , you just have to adjust and move on.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: PaperTree on April 02, 2016, 04:51:48 AM
Well, I am very upset now !

http://prntscr.com/ams8dw

You have to know that the house always win on long run . you have just 15x reds . I sometimes have more than 40 red. Its all about luck . and luck doesnt be with you forever . so you are bound to loose


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Bitminer1224 on April 02, 2016, 04:59:55 AM
I've gotten this a few times when I used to play dice. I also saw other people get 30+ red. Just have to remember that house edge always wins against martingale. It just loves to pass those reds out when you think you have hit the black lol...


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: RussianRaibow on April 02, 2016, 05:57:39 AM
That is a huge bummer when it happens to you, but 15 in a row isn't that much.  It can get a lot worse.  That Martingale betting will get you every time sooner or later.  Good luck on your next game.  Maybe you will be able to cover your loss and win big!


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Paultango on April 02, 2016, 06:01:48 AM
Thats very very sad mate all that coins if you didnt gamble it probably wont loss ;D
Hope you recvoer your losses mate.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: maku on April 02, 2016, 06:17:30 AM
I've gotten this a few times when I used to play dice. I also saw other people get 30+ red. Just have to remember that house edge always wins against martingale, it just loves to pass those reds out.
People often forgot that every bet is treated as 1 instance and counted independently from others.
It is perfectly possible to had 15 loses in a row - although probability of this outcome is very low.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: B_UN1T on April 02, 2016, 06:24:22 AM
Maybe you should take a look on my Thread

https://bitcointalk.org/index.php?topic=1417931.0



Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Paultango on April 02, 2016, 07:03:49 AM
Maybe you should take a look on my Thread

https://bitcointalk.org/index.php?topic=1417931.0


ooh thats a lot of money you got there mate are you rich? thats lots of money wasted


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Nevis on April 02, 2016, 07:07:40 AM
Ouch you should stop gambling or your life will be ruined
i hope you recover your losses hahaha


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Krayshock on April 02, 2016, 07:22:15 AM
Not very surprising. I lost like 30 times in a row and continued breathing and doing my own stuff other than gambling.
I just hope that you recover your losses


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: marioantonini on April 02, 2016, 08:44:42 AM
is only unlucky and the another demostration of don't work of martingale in the bet. Every bet is different, not depend to the other, you can lose already 100 consecutive time, i have lose more of 3 consecutive time with 98% probability of win


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Bagus Tubagus on April 02, 2016, 08:46:31 AM
15 losses is nothing. 25+ would be something!


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Phildo on April 02, 2016, 03:44:04 PM
Ahh, a classic martingale strategy and also dice sites. That's why i never gambling on dice sites anymore, provably fair they said haha. Actually 15 streak losses is normal on dice sites.

provably fair and 15 losses in a row are not mutually exclusive. if they were all casino sites would be broke already.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Junko on April 02, 2016, 04:23:33 PM
Variance can be a real bitch sometimes. If you play with a proper sized bankroll though, bad streaks like this are just blips in the road long term.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: imbest on April 02, 2016, 04:37:28 PM
Well, I am very upset now !

http://prntscr.com/ams8dw
oh man..fortunejack made you April Fool..lol.
sorry for your lose.there is no trick against house edge


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: DarkStar_ on April 02, 2016, 04:47:22 PM
Wow, I would say that you are actually lucky that you only got a 15 streak, since some people had streaks of 30+ losses at justdice. Dooglus made a post about it somewhere, and that was a few years ago. You should read the thread about whether martingale works in the long run or not - There are some pretty good posts about this. Like the first reply said, a 15 streak isn't that unlikely.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Kepler510 on April 02, 2016, 04:52:26 PM
I think it's an accident that's quite fatal in gambling, because I've never up eager to result in defeat. I think that gambling is too ambitious and too dreaming to get a big win in gambling, so she did a big bet in hopes of winning big. But the expectations don't get the luck in him so that he got a major defeat. Keep trying and keep excited


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: masnad on April 03, 2016, 04:37:45 AM
Wow, I would say that you are actually lucky that you only got a 15 streak, since some people had streaks of 30+ losses at justdice. Dooglus made a post about it somewhere, and that was a few years ago. You should read the thread about whether martingale works in the long run or not - There are some pretty good posts about this. Like the first reply said, a 15 streak isn't that unlikely.

30+ please show me lol, not sure of OP but i never seen 30+ !


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: pooya87 on April 03, 2016, 05:12:20 AM
i gave up on strategies in gambling a long time ago, nothing is working and all of them no matter how you feel good they are, will end up losing. so now instead i just roll with my luck and hope to win and never follow any pattern any more :)


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: GreenBits on April 03, 2016, 05:23:51 AM
sorry to hear this bro  :( smaller bets next time, and try betting on binaries like events, decent return and you can actually apply organization stats to influence your winningness. Better than 50/50 at least.


Title: Re: 15 consecutive losses and counting - FORTUNEJACK !
Post by: Phildo on April 03, 2016, 05:38:10 AM
i gave up on strategies in gambling a long time ago, nothing is working and all of them no matter how you feel good they are, will end up losing. so now instead i just roll with my luck and hope to win and never follow any pattern any more :)

There can be strategies in games that have strategies. poker, blackjack, etc.

Every bet on a dice site has a negative expected value. No matter how you combine them, you will always end with a negative expected value.