Bitcoin Forum

Let's make some BTC from Dice site in a single play (max in a one play and not more ):
1. Go to good BTC Dice site and put on balance some BTC - let say 130 BTC
2. Start to play with 49.95% win and 2 BTC bet, using Martingale methode - double on loose, so in your play with 130 BTC - you can play max 6 times with 2,4,8,16,32, 64 BTC bets in single play and win 2 BTC
What you guys think - is that real or not ?

Real if you are lucky :D

At 1% house edge, the chance of losing 6 2x bets in a row = 50.5%^6 = 1.66%.
So, you have 98.34% chance to win 2 btc and 1.66% chance to lose 126 btc.

Is it likely to win? Yes.
Is it impossible to lose? No.

Your not the first to think of this master plan... You have to be very lucky to profit but there's a good chance you would lose everything.

id rather keep doubling up after a loss on blackjack  ;D

I've lost over 20 times in a row on Dice games so many times before.

You will likely win up to 20 BTC then lose everything. All martingalers lose.

Cool. But have you tried this already? 130 BTC is a lot of BTC. That is not a joke.

Martingale is scary everywhere :P

I've been sitting and researching dice rooms for a year now.  Martingale is one of the most common betting methods and it actually does cut the house edge down.

I like reverse martingales :)

Usually owners 130 BTC know the better way how to multiply it.

6 consecutive losing bet isn't that rare, and I have personally experienced 12 or 13 consecutive losses.
Don't risk your 130 btc unless you feel you can afford to lose it.

There is no way to beat the house. There was a dude on primedice who said he lost over 40 times in a row on 2x multiplier but in theory it is possible to win 40 times in a row the only thing that matters is luck just like people above me said you can win those 2btc or loose all 130btc.

100% legit betting method

I would hold on to your btc and not risk them, you mite be the unlucky guy who gets killed by the odds. ::)

In dice with house edge, no way to make strategy to beat dice site.

It will end up failing. Dice strategies are not useful, as ultimately casinos have an edge of 1%. And no matter what you do, you eventually lose.
You just have to be lucky for a particular time, and stop while ahead. Only then, you can win in gambling.

Its very risky. 6 losses are very common at dice. I have actually tried almost all variations of martingale, and other strategies, but ultimately, you do get one bad streak, and you do lose. Gambling is bound to make you lose, unless you get lucky.  Also, for short term 1% might not be a really big edge for the casinos.

If you are playing @ 49.5% (doubling your coinage each time with a 1% edge.)

The chance of you hitting 6 in a row is 2^6.

The only 100% chance you won't get 6 losses in a row is if you bet 5 times :).

Martingale eventually fails. People have had losses of 28 at 50%. So there is no bankroll safe enough to cover losses.

I lost $5,000 making a bet that no one ever lost >28 in a row on JD... turns out the magic number was 32 over a few thousand accounts.

Needless to say I don't go outside in thunderstorms any more.

I have lost well over 25 times in a row on different dice sites. In the end you lose.

EV- is EV-.

martingale method is good but for me, i experienced 12,13,14 and 15 straight losses using it... its scary bro :)

The only good thing about martingale is that it offers you a chance to play extremely high win chance, extremely low return bets. But it won't help you win the house at all.

So this method is for players with a lot of BTC?

It's for anyone who wants a high chance of gaining a relatively tiny amount, and small chance of losing everything with the odds against you.