Bitcoin Forum

$100 = 0.2840 Bitcoin.

I went on Primedice.com

This is the method that I was using.

Bet: 0.0001
Payout: 3

Every time you lose, increase your bet by x2.

Set the dice to over 66.6 & alternative after every few wins.

Be safe, and remember that there is no 100% way to win.

I lost half of it because I didn't realise that I started with 0.01 & lost after a few.

There are 10's of threads about your BS strategy Martingale ,which is going to make people lose all their money.
anyways, you are not wearing a sig' and i don't know why you are posting this bullshit ?

This is a sure way to loose your money.

He is not suggesting any one to follow his tips but he is just sharing whatever he did to win that much money so I don't think any thing wrong in that post. We all know this strategy will not work if any one follow for long time so just ignore that part but I think he is clever after making $20 he might have withdraw that money and sharing his story.

you were lucky to make money using that method....but most people are not that lucky and lose everything

If you have good lucky you can win, with this metod or with any other. But normaly you will loose if you keep gambling. Martingale gives you a fake security, some people things that you can't loose 10 in a row, but its possible to loose 10 and a lot more in a row.

First of all, don't talk about $100 as an "investment".
You gambled and you got lucky.
There are no fool-proof strategies.

Lucky you! Take the money and run away, I don't know how many times i lost with the same strategy, but u played with 100 $ its around 30 million satoshis. Very brave base bet also, well done man. How much time for this, probably half an hour with 10 k base bet. And martin trick is good trick if u have money for sure.

thank you very much for sharing your strategy :) I promise you many posts

This "strategy" is a simple martingale. Sometimes (if you are lucky) it works, sometimes it isn't. In the long run it never going to be profitable.

Sorry for the loss. I think i just need to let you guys no that even though gambling may have the money we are looking for, we are always counting on the hope, that is the hope to win. Just wondering how you were gambling. To you do you consider it as a success making a total of $80 or a total failure. Personally, I can not risk the dollars for some few dollars. I do take risks where due, a place i am sure that I will make a good return the long run. Be careful guys.

In read this more time to the chat of primedice, more user win with martingale and write "i have found a method for win!!"
If exist a method for win every time, all dice game closed

you were lucky enough my friend , I like that you were satisfied with the 80 bux and didn't gamble for more
but this is not an investment , if you kept "investing" your 100 bux with the same strategy  we would see you now talking about how you busted your " investment "  ;D

nice trick, but there is no guarantee to win 100%, because this is gambling, but thank you because it was willing to share

I have $60 Amazon left, might exchange it to btc and try again

Well, there's no actual strategy, purely based on luck tbh, no skill required, because the numbers are generated randomly. 

Maybe this time you are very lucky

Be careful when playing this gamble, because not all of them can win with this Martiangle system
There will still lucky or loss more

Don't be greedy, and withdraw ASAP - the longer you have it in there, and the more you play, the more likely you are to lose it, be wise my friend.

Haha, congrats mate! But do you know how many people, me included, lost with exactly that strategy? A lot. You were lucky, that's good, grats, but if you continue to gamble with that strategy or any other strategy trying to make money from gambling you'll lose all you have.

If I play dice I am 100% sure that I will lose.

I like more playing roulette or some poker.

well you was lucky but that was hard risk you dont ever relise how fast martingale kills you.
but well done on your win hope you win more

Why is people bitching about this? When you are gambling with a -EV you are always going to lose in the long term no matter what strategy and his strategy is not worse than other strategies so what's the big deal?

but at the same time u risked all your investment also.

You just got lucky. Of course this is a good and probably the best strategy to play dice or rollete, but in the end you always loose all your money!

Very true and never really myself got that lucky ...

I tried this strategy many times but always lost and not gain a profit.. this is not a good stradegy and i know there's no strategy for now....
maybe luck and making a wise decision can make a profit...

yes whenever i play with martingae i loose what I all have :(

Bet on Klitschlo tonight. 1.20 odds.

This is the same as the old roulette trick of backing black until it comes up and when it does change to red. Every time it does not come up you double your bet. They will not let you do it in a real casino and if you try it online you get crazy averages. I got 13 blacks in a row one time.

so that is just a different type of martingale the strategy that makes people loose bitcoins so i dont think thats a great investment to be honest its not investment at all thats just taking risk gambling

This strategy is actually incredibly risky. You would only be able to survive a streak of 12 losses before busing, however you are expected to lose two out of every three rolls, so you would only be able to survive a loosing streak that is 4x of what is expected (over the long run). If you were to increase the odds of winning (by lowering the payout) to something closer to 40 or 45%, then you would be able to survive a longer streak of losses, verses how often you are expected to lose.

Either way, martingale can be risky because of how quickly losses can add up, which makes it difficult to take gains after a loosing streak, because after even a moderate loosing streak you will often be in the red.

In the end the odds will always end up the same, I mean high risk always comes with high reward and low risk low reward. When you use a strategy to survive more you are also winning less and in the end you will have to play more meaning that you will end up having the same odds of loosing as using the high risk strategy.

well since you use small base bet, that is why you make good profit...
plus you make a lot more on 3x
this is good if you have large bank

If you use strategy to survive more means you have a more chances of winning but if you use high risk and high reward strategy in dice game I'm 100% sure you will lose all your coins after some time. So it is always good if you go slow and study than going very fast and lose every thing.

haha  ;D i really dont know if that works what you told there  ::) perhaps there is the possibility to loose also some of your stack? isnt it?
Anyways would be great to know how it is - And therefore i want to do a free copy for the Community and Use it to redeem the profit for all.

If it wiorks u will get higher income maybe ;=)

regards
lama-hunter

I think he has just withdraw coins after making some profits so he is lucky but he continue for some more time than surely he will lose all his coins

Thats part of the strategy i suppose after all you aren't playing to lose your money. There is a higher chance of losing your cash if you play more when the fact that the strategy isn't full proof.

That's correct. As of now he might have won some coins from the site. But I'm very sure he/she will surely go back to same site to try luck with same strategy and will lose all their coins. This is the most commonly we all do mistake in gambling. No strategies will work in dice games but just play for fun.

Over the last few days I easily turned 1 BTC into 8.3 BTC using a similar strategy, but most of my bets were at 6% chance.

Start out betting low, if you lose 10 or 20 in a row, increase the bet a bunch and keep going. If you're still losing, increase the bet more and then win.

It worked for me, getting up to 9 BTC before it stopped working. I was down to 8.3 BTC before the site pissed me off so I withdrew what I had left there and quit.

It's a dumb strategy, of course, but it works until it doesn't.

I wonder which dice site were you gambling at ? i think you were multiplying the bet 6x after 20 losses.:)
Use to do that in the past but busted alot.:-\

It's basically a even riskier version of the martingale strategy. If you want to risk it that much, a more profitable thing would be this: No matter what, double your bet. It's risky, but quite, quite profitable. I might even recommend it.

I don't want to be seen as endorsing them, in case one day they turn out to be a scam and some QuockSucker tries to make it look as if my mentioning them means that I was somehow in on the scam.

But they have a maximum profit per bet of 1000 mBTC.

I was playing "by feel", mostly, and getting very lucky.

For example:

https://i.imgur.com/wSYDBq6.png

There's a couple of problems with that:

1) you reach the maximum profit per bet too quickly

2) the place I was playing gives you better loyalty rewards if you play at a higher payout multiplier, so I didn't want to play at 2x

congratulation man, but i suggest you stop playing with this profit... provably you going to lose it all

so leave while you are the winner

Coin flip game and dice game both have 50-50% chance of wining and lossing and dice game doesn't have any pattern of the result so no any method will work. Wining totally depends upon your luck.

i agree, winning = 100% lucky at the end

I am surprised you managed to win that much using martingale. There is a chance you will lose all your money at 6% chance after a few dice rolls. You are lucky you did not bust your capital.

well i dont think that was just an investment you had to gamble your coins what means you had to risk in investments you dont need to risk any money so you were lucky winning that i guess

Wow this sounds like a extremely nice strategy to get rich within seconds.I'd say that if I was born yesterday and my nick name was "dumbass".Now being real me , this is the most worthless Martingle crap floating around this forum.I know I'm not the first person to post this but just contributing to the people's voice .

Tried a similar method like this one and I managed to turn a faucet claim into 0.035 8) It's basically a crap method if you plan to deposit big for profit. In the end, it's always luck that matters the most here.

I am not getting any clue about the place ,
anyways, i am amazed to see you gambling now and then :)

Op is probably unfamiliar with gambling systems, not to mention term he does not know what "martingale" is and he thinks he discovered this 'method' himself.
He won some coins and now is under the impression that he owns some secret system which is indeed working.

Thats cool but the math will tell us you need luck to win, if we all try this method some will win and some will lose.

i guess you were simply really lucky as you were gambling

You won't make money this way everytime.

I already said this about a dozen times. The best way to make money is either by faucet which takes forever OR by using reverse martingale. Basically whenever you win, you double your bet.

You bet like 100 Sats and if you win 20 times in a row you make 0.5242800 BTC.

Lucky you I guess. This method doesn't guarantee that it will work for everyone but luck enough it worked for you.

Ow i think feelings is the one for making a profit and luck for random betting.
So you will bet low first and  then if lost bet again for low until you feel that the next bet will won so you will raise the bet...

Yeah the strategy is logic, but the effectiveness can be doubted.  For me at least I would never try it. Since I can't see it succeed :)

Yeah this strategy not work for everyone but luck enough is not worth it!
Example: You are luck today and you win 3 times but you did not satisfied to your win and you try it to bet it all then lost.
So i mean even you are luck is enough but you dont think wise or remove your being greedyness. you will be lost in the end.. so self control and be wise is the way i think that you can earn and make a profit...  ;)

This is risky than I done before. If you lose, 11 times a row , say goodbye to $100. In my case , I lost 18 times a row 3 times.

But at least you can try it too using some spare of your money. Change it a little bit of the strategy could make you win some of money too. But I guess it is still depends on your luck when it comes to dice game. It pretty much of chances games right there so if you are not in a luck better stop or playing it

What do you mean by ''risky'' When you are gambling there is always risk. There is no ''safe'' strategy. It goes like this: (High risk, high reward) or (low risk, low reward) If your goal is to make 1 Btc profit, for example, it does not matter what strategy you pick, the odds will end up the same in the end. If you pick the low risk low reward strat, you will have to play more rolls in order to get to the goal so in the end you end up having the same odds as the other strategy

$80 is not even playing at 50% on a $100... not so hard to do it

This is incorrect. There are better and worse strategies.

As far as I know, there isn't a single technique that will win against the system if the system is implemented. I used to work in Primedice's signature campaign and Stunna is a professional, so I don't think he is going to be running an algorithm that can be cheated with some easy technique. If the site is legit and they announce provability fair, then it's provability fair and you can't cheat it, that's the point of gambling with Bitcoin, they can't cheat on you and you can't cheat on them.

Well, I wont call you wise, as you may also have had lost all your money in a go.

yeah exactly why OP is lucky it worked for him

I wouldn't say for sure that this would work out for everyone else.

i have been did this strategy several times but i had lost my money also and spend out my balance only in the few bets
and i think this strategy does not working any longer for me

Regardless of the strategy, I do not like reading about a "$100 investment" that is no more of an investment that buying 100 lotto tickets.  Does no one know what an investment is anymore?  Gambling is not an investment, renting hash is not an investment, buying hashing gear is not an investment, these are all expenditures - no investment involved.

you were lucky because you gambled that

LOl it seems more to me as luck then a real strategy. Else you wouldn't shared it?

Remember the x2 rule don't append on every site. Casino's are not eager to lose money.

Stunna being a professional or not has no relevance on statistical probability. There is no known way (and I'm extremely confident in saying there never will be) to stay permanently ahead of EV. EV is called that because of the fact that as you approach an infinite sample space you would expect to converge to your EV.

Also, IIRC - in dice sites which offer investment the owner should be able to bet having complete knowledge of the server seed (because they have access to the server side) as well as the client meaning they can bet with guaranteed wins. Alternatively, and probably easier is the option to just run with the investments. For PD, this is obviously a non-issue as it is funded by Stunna but it is notable. 

It is true. Because he has withdraw his winnings on right time so he has made a some profits from his first deposit on this site. But I'm very sure if you continue further some more time he will surely post on this thread that he has lost all his money. That is the power of dice games.

How can there is any better strategy except doing martingale? But you really need a lot of balance for sure to recover your bet. And I think worse strategy is just because you are no luck

Maybe you didn't understand what I said.

I am saying that some strategies are better than others for doubling your bankroll.  Astargath was saying they are all the same, and all have 49.5% chance of success. He's wrong.

That's a pretty risky way to go, but congrats on the win!  You're right, it won't always work out, but you seem to have some luck!  Just don't depo too much of what you won, so you can't lose your winnings.  I have thought about trying a risky strat like that several times xD

I am Randall on PD if you feel like saying hello in chat.  Good luck fellow dicer! :D

I am pretty sure dooglus knows what he's talking about lol.  He does, afterall, own his own dice site.  I think the point he's trying to make, by saying there are better and worse strats is that some strategies involve ridiculous risk.

To provide an example, imagine trying to bet at a 1% win chance, and doubling your base bet on every loss.  That's sounds pretty crazy.  Worth it?  Maybe if you're lucky and have the balance to support it.  Is it riskier than normal martingale with an appropraite base bet?  Certainly.

Just remember it all boils down to your luck.  The same person who would have lost on the normal martingale could have won on a much riskier strategy.