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Title: How a $.30 martingale strategy can quickly get out of hand. Post by: simplydt on November 13, 2013, 04:23:22 PM user: mary beth (227670) date: 2013-11-13 17:21:36 betid: 247839218 lucky: 91.0289 target: >50.4999 bet: 0.20480000 payout: 2x profit: +0.20480000
user: mary beth (227670) date: 2013-11-13 17:21:30 betid: 247839134 lucky: 40.7850 target: >50.4999 bet: 0.10240000 payout: 2x profit: -0.10240000 user: mary beth (227670) date: 2013-11-13 17:21:24 betid: 247839053 lucky: 24.3775 target: >50.4999 bet: 0.05120000 payout: 2x profit: -0.05120000 user: mary beth (227670) date: 2013-11-13 17:21:22 betid: 247839006 lucky: 38.4816 target: >50.4999 bet: 0.02560000 payout: 2x profit: -0.02560000 user: mary beth (227670) date: 2013-11-13 17:21:21 betid: 247838941 lucky: 18.2283 target: >50.4999 bet: 0.01280000 payout: 2x profit: -0.01280000 user: mary beth (227670) date: 2013-11-13 17:21:20 betid: 247838903 lucky: 21.3087 target: >50.4999 bet: 0.00640000 payout: 2x profit: -0.00640000 user: mary beth (227670) date: 2013-11-13 17:21:19 betid: 247838864 lucky: 08.0217 target: >50.4999 bet: 0.00320000 payout: 2x profit: -0.00320000 user: mary beth (227670) date: 2013-11-13 17:21:18 betid: 247838813 lucky: 42.2545 target: >50.4999 bet: 0.00160000 payout: 2x profit: -0.00160000 user: mary beth (227670) date: 2013-11-13 17:21:17 betid: 247838739 lucky: 34.0222 target: >50.4999 bet: 0.00080000 payout: 2x profit: -0.00080000 user: mary beth (227670) date: 2013-11-13 17:21:16 betid: 247838702 lucky: 51.4909 target: >50.4999 bet: 0.00080000 payout: 2x profit: +0.00080000 Just for the reference of anyone who thinks they can win a lot of money with this. Probably not :P Ouch! Got lucky on that last roll. Betting $60 to win $.30... Title: Re: How a $.30 martingale strategy can quickly get out of hand. Post by: FanEagle on November 13, 2013, 04:47:02 PM 2x is the most risky you can choose. I mean, that's a little more than a cointoss... if you really need a cointoss go for 1.95x ;)
Title: Re: How a $.30 martingale strategy can quickly get out of hand. Post by: Sindelar1938 on November 13, 2013, 05:08:48 PM Ouch!
A much needed cautionary tale God is on your side, amigo Title: Re: How a $.30 martingale strategy can quickly get out of hand. Post by: Remember remember the 5th of November on November 13, 2013, 05:13:04 PM user: mary beth (227670) date: 2013-11-13 17:21:36 betid: 247839218 lucky: 91.0289 target: >50.4999 bet: 0.20480000 payout: 2x profit: +0.20480000 That's nothing. Lost 2.15 btc martingaling once.user: mary beth (227670) date: 2013-11-13 17:21:30 betid: 247839134 lucky: 40.7850 target: >50.4999 bet: 0.10240000 payout: 2x profit: -0.10240000 user: mary beth (227670) date: 2013-11-13 17:21:24 betid: 247839053 lucky: 24.3775 target: >50.4999 bet: 0.05120000 payout: 2x profit: -0.05120000 user: mary beth (227670) date: 2013-11-13 17:21:22 betid: 247839006 lucky: 38.4816 target: >50.4999 bet: 0.02560000 payout: 2x profit: -0.02560000 user: mary beth (227670) date: 2013-11-13 17:21:21 betid: 247838941 lucky: 18.2283 target: >50.4999 bet: 0.01280000 payout: 2x profit: -0.01280000 user: mary beth (227670) date: 2013-11-13 17:21:20 betid: 247838903 lucky: 21.3087 target: >50.4999 bet: 0.00640000 payout: 2x profit: -0.00640000 user: mary beth (227670) date: 2013-11-13 17:21:19 betid: 247838864 lucky: 08.0217 target: >50.4999 bet: 0.00320000 payout: 2x profit: -0.00320000 user: mary beth (227670) date: 2013-11-13 17:21:18 betid: 247838813 lucky: 42.2545 target: >50.4999 bet: 0.00160000 payout: 2x profit: -0.00160000 user: mary beth (227670) date: 2013-11-13 17:21:17 betid: 247838739 lucky: 34.0222 target: >50.4999 bet: 0.00080000 payout: 2x profit: -0.00080000 user: mary beth (227670) date: 2013-11-13 17:21:16 betid: 247838702 lucky: 51.4909 target: >50.4999 bet: 0.00080000 payout: 2x profit: +0.00080000 Just for the reference of anyone who thinks they can win a lot of money with this. Probably not :P Ouch! Got lucky on that last roll. Betting $60 to win $.30... Title: Re: How a $.30 martingale strategy can quickly get out of hand. Post by: exstasie on November 14, 2013, 12:07:55 AM Yeah, martingale works in theory, but after a lot of plays you are bound to hit 11-12 incorrect in a row.
Title: Re: How a $.30 martingale strategy can quickly get out of hand. Post by: Zeek_W on November 14, 2013, 12:09:52 AM I like to call it 'Margin Tail'
Like a dog chasing his tail to get a profit margin. Title: Re: How a $.30 martingale strategy can quickly get out of hand. Post by: Remember remember the 5th of November on November 14, 2013, 12:14:03 AM I like to call it 'Margin Tail' Most people call it Margin Fail though, as it's bound to fail.Like a dog chasing his tail to get a profit margin. Title: Re: How a $.30 martingale strategy can quickly get out of hand. Post by: MaxBTC1 on November 14, 2013, 12:14:52 AM You only ever win your initial bet..its only works if you have unlimited funds
pro-tip: no one does, so don't try it Title: Re: How a $.30 martingale strategy can quickly get out of hand. Post by: gadman2 on November 14, 2013, 12:20:47 AM Use the labouchere system... Set a limit on loss and ride it.
Title: Re: How a $.30 martingale strategy can quickly get out of hand. Post by: exstasie on November 14, 2013, 12:23:01 AM A better method would be just give me 1/2 of your bet. Win win for everyone!
Title: Re: How a $.30 martingale strategy can quickly get out of hand. Post by: monbux on November 14, 2013, 12:28:03 AM user: mary beth (227670) date: 2013-11-13 17:21:36 betid: 247839218 lucky: 91.0289 target: >50.4999 bet: 0.20480000 payout: 2x profit: +0.20480000 That's nothing. Lost 2.15 btc martingaling once.user: mary beth (227670) date: 2013-11-13 17:21:30 betid: 247839134 lucky: 40.7850 target: >50.4999 bet: 0.10240000 payout: 2x profit: -0.10240000 user: mary beth (227670) date: 2013-11-13 17:21:24 betid: 247839053 lucky: 24.3775 target: >50.4999 bet: 0.05120000 payout: 2x profit: -0.05120000 user: mary beth (227670) date: 2013-11-13 17:21:22 betid: 247839006 lucky: 38.4816 target: >50.4999 bet: 0.02560000 payout: 2x profit: -0.02560000 user: mary beth (227670) date: 2013-11-13 17:21:21 betid: 247838941 lucky: 18.2283 target: >50.4999 bet: 0.01280000 payout: 2x profit: -0.01280000 user: mary beth (227670) date: 2013-11-13 17:21:20 betid: 247838903 lucky: 21.3087 target: >50.4999 bet: 0.00640000 payout: 2x profit: -0.00640000 user: mary beth (227670) date: 2013-11-13 17:21:19 betid: 247838864 lucky: 08.0217 target: >50.4999 bet: 0.00320000 payout: 2x profit: -0.00320000 user: mary beth (227670) date: 2013-11-13 17:21:18 betid: 247838813 lucky: 42.2545 target: >50.4999 bet: 0.00160000 payout: 2x profit: -0.00160000 user: mary beth (227670) date: 2013-11-13 17:21:17 betid: 247838739 lucky: 34.0222 target: >50.4999 bet: 0.00080000 payout: 2x profit: -0.00080000 user: mary beth (227670) date: 2013-11-13 17:21:16 betid: 247838702 lucky: 51.4909 target: >50.4999 bet: 0.00080000 payout: 2x profit: +0.00080000 Just for the reference of anyone who thinks they can win a lot of money with this. Probably not :P Ouch! Got lucky on that last roll. Betting $60 to win $.30... I feel yah bro. Lost whole bankroll of 5 BTC with martingale. But, they were only $60/BTC then... ;/ |