Bitcoin Forum

Sharing this video I made again :)

https://www.youtube.com/watch?v=yjJ3PFaslVE&t=35s

Managed to double my 0.1BTC deposit at Rollin and withdraw over 0.2BTC

I see a lot of people talk about how good Martingale technique is, so maybe this video is helpful! Was fun :)

Was fun when you won it , but of course not if you lost it
As long as you really can afford to lose the anount that you staked , there is no harm
Congratulation on your winning, always glad to see people share their happiness
Even though i really not suggesting anyone to try martingale, just congrats to you.

yeah the maths doesn't work in your favor, but I still find it to be a lot of fun...

I see you there , and it was really about luck
There is a lot of green lights on your bet, too brave you put 5 percent of total bankroll as base bet
Luckily you won it in the end of your target to reach 200mbtc
The sad part is when tou realize the last roll was 99! You can get 98 multiplier if you dare to put the bet in :D

That's nothing man, martingale is only effective if you could turn 0.1 into 5 bitcoins, even though 0.1 is still something for you congrats.

haha that would have been awesome! 98x!

haha that would be hard! Would love to see that

Well, you were very lucky there. Considered that at some point you dropped to ~35mBTC after hitting a losing streak.
Still, I found martingale flawed strategy. I would rather risk my chances with betting that  0.1 BTC at 50% just once and try to reach 0.2.
Why didn't you continue after you reached that 0.2BTC? It would be enticing to watch how far you could go.

Most of the videos are double or nothing videos I have been doing. Didn't really think about going further! Maybe next one.

how much is youre setting odds(multiply)
and how much multiply youre use marti angle, youre use autobet, what is youre setting

iam not yet see youre youtube because my internet quota is low

Double on loss, return to base bet on win.

its helpful and fun if we can win like you but i think this strategy will not work for the other gambler except they have their luck like you. it seem you've got big luck while you were playing gambling so you can cash out 0.2 btc. it is hard to get much of money like you show in your video, but i think if the strategy can be used for every gambler then it will be good for us. do you play another games after you cash out the money and use the same strategy like in the video? what is the result?

Actually i believe there are many people who think if martingale is the worst method. You were really so lucky, you were down to 68 mBTC , then down to 39 mBTC, then lucky was on your side, your balance up to 55mBTC and then BEP at 100 mBTC, finally you used 10 mBTC as base bet and won another 95 mBTC, and did 1 bet with 5mBTC. Congratulations to win 100 mBTC with the scariest method ;)

I agree, martingale is the favourite skill for casino owner, most of the player lost their money from dice sites because of martingale technique, it is a very lucky situation where you can earn profit from martingale, usually the player will ended with bankruptcy and regret

Very good job, considering you were near from ending with a zero balance ! You made me want to play roll too now :P...

Nicely done! It's a good thing you knew when to stop because of course eventually you will lose with any method. Nothing is foolproof. Are you saving the money, spending it or gambling with it now?

Martingale is a hit and miss technique. Glad that you hit but a lot of times you will miss. It was fun watching you make money but there will be times that you will lose like 6-10 bets in a row. That way most of the people will lose the bankroll by then. Hopefully you have this good luck with you for a long time.

Really lucky that you did not bust out and rather able to multiply your bank roll,congrats on that and i really hate doing auto rolls to begin with and i am surprised that you recovered everything using auto bet option and normally no one does auto rolls with high values without a high balance.

Yup because of this reason we need a big bankroll to play this Martingale method. But nicely he handled the situation. Suppose if we get like this back to back 6 or 7 loss we will get panic and some people will stop there play. But he played superbly. After losing money from this Martingale method, he gains back and made a profit. You are a great mate, and you are very lucky.

Bankroll invest! haha for now...

Sure if your lucky you can get any strat to work. If you get lucky you could max bet o 1% and win anything is possible thats why its gambling at the end of the end of the day if you play long enough you lose. Its only good for as long as you are lucky.

I did the same thing on YOLOdice and went bust. Can see it here:

https://www.youtube.com/watch?v=xq9NUITM4Wg

Play for fun not for long term profit :)

I am happy for you that you've won in that kind of techniques which is totally not recommended if you had low capital! Yes you've win but that doesn't mean that it's going to be same to others that going to try your technique, Honestly I already tried your technique a long time ago but didn't make any profit from it ! I guess you're just lucky! but still congratulations!

I watched it friend and I am happy you won some money but you know the risk ? Actually when you made that 10 mBTC bet in start had you lost it then it was really very dangerous and actually you would have lost.

Moreover, I will firmly suggest that since you have won please stop taking risks and quit gambling mate. I have destroyed my life and came over with that very hardly so i advice everyone but anyways good luck !

Thanks - was very lucky!

Hope you have quit gambling now mate!

I didn't knew that site till this moment (yolodice ) but actually its nothing to do about the fairness of the site because loosing and winning are two faces  of coins and I have lost a lot of times at rollin also which does not at all means that they have a rigged system.
And friend please stay away from taking such risks as I see from video seriously lucky man.

Yeah very nice man and don't get excited when people urge or support you to go big. You know the problem friend ?

Actually when you win all the people suggest you to go big and when they see someone loosing they just ignore him or laugh at him. The world cares for themselves so please don't get excited when people boost you up.

YOLOdice is a great site! I was just down on luck!

that a good win you have there buddy congratulations , I wish I can be luck like you are I've been doing matriangle also when trying my luck in some popular bitcoins but I tell uou after how many years of playing I never doubled my money just like you are , seems like you are very luck , congrats !

Excellent idea but its hard to ignore the temptation of gambling when you have recently won so much.
I have tried to invest many times in large number of sites but I just get tempted and gamble the all because the profits obviously were small.

Congratz on doubling your deposit!

Martingale is always danger when it goes to long term, i never had a long run of days when using martingale.

My maximum is only for 2 + days and lose 15 in streak xd

Yes I just saw you win 100% by using the martingale strategy but believe me if you continue to use this strategy,one days you will lose a lot of your money due many gambler has been got broke by using martingale strategy.

good for you mate and you are lucky and not greedy to keep moving and aim for much bigger wins instead of trying it hard you are just satisfied on what you are getting and well done for investing so possible to earn much more, martingale works for smart people and well manage bankroll.

Congratulations on your win. But unfortunately, the strategy does not work the same for everyone. If everyone could double their capitals like you then there wouldn't have been any successful gambling sites because all of them would have been bankrupt by now. But still, sometimes some people do that and they get the profit if they know controlling themselves, once you became greedy to win more, you will surely end up losing everything again.

Indeed for me too or I would rather say that when I started gambling that was the last time I ever won from gambling and since then I have just become quite unlucky or something.

I tried the same strategy with 0.01 btc and believe me or not I was so unlucky that I did not at any point made even 0.005 profit, while loosing all the bankroll and what was left like 0.001 in balance I gambled it away at 10.00 odds and lost.

Tried out many strategies till then, but results are same always. That may be the reason I am not getting any excitement to test OP's strategies. I am sure my bad luck will remain same unchanged.

He was damn lucky the day and i really am surprised you did recover everything doing auto rolls which i will never do if i am in your situation and you really cannot replicate how the OP won to be frank as it was a freak win as you have seen in the video as i really thought he is going to bust as i thought a couple of times and then somehow magically he won back everything,sorry for your loss.

He was not winning 100%, because he had some losses too. If you are saying he win 100%, its mean his all bets were always won.
Did you see this video? He busted with same strategy with martingale, but fortunately you just lost 0.02 btc OP, you still profited 0.08 btc (0.1 profit - 0.02 btc loss)

Well like other said there is no strategy that will be perfect or 100% working almost all strategy are depends in your lucky and some gambling games need also skills .. upon checking the video i think you are just lucky to make a good profit.
I tried this in other game like in dice game i experience to win large amount of profit because of unsatisfied what i've win i lose it instead of withdrawing it and save profit..
You are just make your good profit and not to continue to gamble and you are satisfied that is why you made the profit if you are not satisfied you will lose it all..

Lol basically if he continue, he will gone down to 0, nada, empty bankroll.  That is the problem with people who is trying martingale system and keep on pushing their luck.  OP is smart enough to counter the flaw of martingale and stop as soon as he feel that it is a decent win :)

haha yeah

It is possible. Say you have $300 (a buffer is nice in case you have a bad streak) and bet at $1... 500 bets. Double at loss:

https://i.imgsafe.org/103b6c63d0.png

But then, this can happen:

https://i.imgsafe.org/103c0b6bdd.png

haha perfect model explaining it!

Thanks! I'm also fascinated by the martingale system, which is why I created simulations of it. Graphs above are from that. With a lot of initial money you could possibly go for a long while... maybe someone want to explore that further? :)

How are you simulating it? Would be fun to punch in a million random scenarios and plot all the outcomes.

What you have done is quite amazing as well as it is quite risky martingale technique. If you get 3 red streak in row with 10 mBTC bet size and only 100 mBTC bankroll you will loss almost 70% of what you have which can happen with 50% win chance.

Anyway congratulation, but this can't be repeated always.

That would take some heavy commitment. Great video and thanks for sharing it i'll try your strategy later with a smaller bankroll and hope it turns out well for me.  ;)

Edit: Played with 10mbtc then went on a straight 5 losing streak after a few rolls. I was up like halfway to doubling my deposit at some point then the losing streak hit me hard. It was a nice session while it lasted. :)

Martingale can be the best and at the same time it can be the worst. OP was lucky that he martingaled when there were so many greens. If you could have been greedy and continued for a while, he could have bumped into a losing streak which could have wiped his all account. It is good that he knew when to stop.

I threw it together in LibreOffce Calc actually. Then it made a graph out of the rows there.

The worst I've seen when testing in LibreOffice Calc is 15 losses in a row. So, it would require a quite huge sum to be able to coop with that. Still fascinating system though. :)

Ah there you go!

I am new about these strategy but I am using it since I discovered these strategy. I have been using my faucet bitcoins to gamble and i think martingale must be really used with a big money in hand.
My longest losing streak hit is 23 and it is really dissapointing. Well that is the end of my gambling activity that day because of the big bets that i have and i did not see my bitcoins.
Martingale is a good strategy but it is indeed a worst strategy too.

At 50/50 odds you lost 23 times in a row? That is a long streak! You were not betting on 999dice were you?  :P

So so lucky, martingale is not good maths at all...

I think Martingale is much effective somehow, but it's not accurately effective at all. The best way I saw in this method is start on betting at small amount of satoshi just do it for experimental only nothing to lose. :) Like example start bet at 0.00001BTC, if lose at the 1st round set your bet in double amount make it 0.00002BTC until you win  then back to the basic amount of 0.00001BTC. I think that's effective because I tried it. ;D

Everyone loses in the long run doing this, but it is a lot of fun!

That's right.
I remember that I checked that out, and the only way you could win money at the long run from martinagle betting is if you have infinity amount of money.
But if you have infinity amount of money, then you don't have any reason to bet because it will literally gain you nothing :D

Now, with ANN: DiceBack.com, partnering with Rollin.io (https://bitcointalk.org/index.php?topic=1799185.0), you could have all the fun trying, but with a bonus.

If you suceed - > you will win even more.
If you fail -> you will at least portion of it with EdgeBack :)

Nice man. I watched the video, I also used this strategy before but I wasn't lucky as you because I have a small bankroll. Congrats!

I agree with this and I also wouldn't recommend this strategy. At 4:30 OP gets a losing streak that ends up with insufficient funds message, what if that was his limit? For someone with less coins it would be the end of the road. OP won, good job, I'm not denying it, but don't try this at home folks. Martingale only works for a short while and then you lose!

What other techniques are people using?

If you look on seunjti dice bot, he added Labouchere, Fibonacci, and d'Alembert on his dice bot.
I never tried labouchere and d'Alembert system, but i know about Fibonacci system.
Fibonnaci system is a system when you sum the total 2 previous bets to become your 3rd bet and etc, when your bet win, reset to base bet.
Let's take an example (your base bet is 0.001 BTC) so your bet is.. 0.001,0.001,0.002,0.003,0.005,0.008,0.013,0.021,0.034, ...

Interesting.. I will read up on it and might do another video :)

It was really fun since you do won on playing martingale but if you lose up those 0.1 btc you will surely say the opposite thing and lucky for you that you can able to double your bankroll on using martingale which most gamblers do know that this method wont work anytime unless if you are lucky enough.

Fibonacci like in subject math huh? and the system is the same. Never thought that it could be of use in gambling. Thats so cool.
Ill try to read the other two, but first I wanna try that Fibonacci system.

Fibonacci method is a very risky method considering that its pattetn is very random and the chance to hit loss with huge bet is very often to happened compared to martingle method that it just increase gradually after losing. But anyway using new method is so much fun. It will gave an entertainment because you will never what will be the result.

I know right? Having a high chance of winning also gives a high chance of losing. It just all depends on how you look and took things in yourself.
And by the way I am trying Fibonacci now and as expected I am losing a lot. Though on the first rolls I am doing great.

Glad you like it :D, but sorry there was a mistake, when using fibonacci system, once your bet win, don't reset it to base bet, but take 1 step - 2 steps back from your current bet or you will be ended losing. So, 0.001, 0.001, 0.002, 0.003, 0.005, when your bet won at 0.005 btc, you must start from 0.002 or 0.003 btc to make profit.

Yes, it is. Fibonacci systme is more popular on roulette games.

Yes, this is risky method. You must keep seeing your bet, don't let it run until it reached higher bets.

Every method is risky. It's called gambling for a reason :)

You should be ready to lose only what you can afford. And play only for fun. 

Even no matter how helpful it is, still in the end the winning still depending on the luck of individuals in every round of the games. Other's was right here its good when you win but when loose it is also really hurt to our pocket.  :)

That guy who doubled his money just got lucky. It's really just a lucky attempt at martingale, most likely if he continues he'll surely lose all those winnings in the end. I've done it a hundred time, I was able to double the money in a few hours or playing, but in the end it just ended up in a losing streak that the funds cannot sustain. Don't be fooled guys.

Doubling your money in gambling is not hard to achieve and you can do it using any kind of betting technique. Based on my experience, I was able to double my money using martingale and I withdraw with profits, however if it's done all the time for sure it will not work.
The house advantage will also play..

in gambling and different strategies, the key point is that you need to consider all the factors involved. for example the most obvious one is luck that everybody knows and repeats when it comes to gambling.

but they always forget about the bankroll size and also the bet size compared to that. when you have a big bankroll and then start from a very small bet size you are in fact increasing your chances of winning by increasing the room for error and that means a higher win rate.

Absolutely it is all about having some fun!

Nothing at all if you looking fo having some fun on casino.
We have gambling on casino is just reason want to win and take the money

Yes, doubling on your bankroll would be easy but it does depend if your bankroll is small or big because fear would come to our minds when we are talking big bets specially on big bankroll that's why we hesitate and would be contented only on percentage not fully 100% but if we do have small amount doubling on our minds will push us no matter what without hesitations.

The issue that arises in the long run is that you have to make bigger and bigger bets when you are on a losing streak, simply to win back the tiny first back in total profit.

The method is foul proof only if you could go on indefinately, but a losing streak of anywhere between 10 and 15 can cause most players to bust. And this happens more than you think.

The number of gamblers that using martingale nowadays is only few compared before. You are brave to use martingale and lucky as well. Luck was in your side when you used it.

haha yes it was!

That is a nice video to watch, because it's not only about win rolls but you've included losses too. Also it's good that it wasn't edited so a viewer can get the impression of the game in real time.

But I hope you understand that you've just been lucky. It's not about a strategy that can help everybody to win, it's just about your lucky game.

Congratulations on the win at Rollin.io retrocoingames.

This is the very first time that I've noticed that technique on that website. I usually have the Rollin.io robot doing trades at a low price and at a single fixed amount. The robot doesn't seem to do very well on my side of things).

It's good to see that people are actually having success with that website and are using different techniques on speeding up their payout time.

Thanks for the video.

Thanks for the kind words on the video guys :)

Absolutely lucky, I thought I was finished at one point!

You very lucky. When you went to 40 I though it was over. Then you started making small bets which never made sense to me I would have gone all in. You got a win streak of 10s at the end to bring it up to double. You very lucky but nice win.
Now go use the winnings on something cool. Lol or try turn it into 0.4 btc. I wouldn't risk thst but it is an option.

haha next video - turning 0.2 bitcoins into 0.4 bitcoins using the mysterious "all in double or nothing betting technique"

This is called a luck and there is no guaranty that again same thing one can do it. These methods are no logic and only random so we can't predict what happens next. Just playing with whatever we feel right at that movement and enjoy the game. But never always go for doubling your money because you may not be lucky always and good luck to you.