Bitcoin Forum

Well, first of all:
1) we need good & safe gambling site;
2) then we transfer some altcoin - for example, Doge for fast transaction, let say 500 000 Doge balance.
And now we can do something for nice win ? I think for fast win, we can make chance of win 49.95, with double bet, when loose, and starting bet 1 Doge or 0.1 Doge, in manual mode. So after 5 minutes, in one or two sets we have nice win, so transfer your Doge balance with win back to your wallet !!! Congratulations !!! 

Dude this is called Martingale and has been tried many times.  It can usually work, but then you need self control and there is a chance for monumental loss.  :o

With 500 000 Doge balance in one set or two sets you will most probably win. If balance is less, then you can also loose. !!!

Indeed I have tried this .  I always have the experience of winning at the start.  Then after sometime series of losing streak will hit you, if the budget cannot accomodae the increment then we will find our balance less than 50% to depleted.  This really need a good timing and a strong control towards on our bet.  If we lost the control then there is a huge possibility that we will end up empty handed.

Not an assurance to win up no matter how big is your bankroll and also this is just a simple martingale strategy which chances would be still the same and as you example it do have a 1% HE. The thing here is that you do have bigger bankroll since we do base on DOGE value but really not a thing that we can able to make advantage to house because if losing streak would hit you up no matter how big your bankroll is for sure it would be wiped out if not then losing a bigger portion of it.

i think, its martingale trick, and its not safe strategy for me...

It is martingale trick, which will bring you nice win, of course if you will not play too long !!!

Well yes, you SHOULD win, but there is chance of total loss on your first round of betting.  It should only be tried if you have money to risk/lose.  Otherwise you will tilt and go crazy and get angry, leading to possible addiction.

A thing to note is, if you're playing Martingale with 1 Doge, and your deposit is 500 000 Doge
You're essentially placing a 500 000 Doge bet with a small losing chance, it's not unlikely to lose it all
I've seen it, and it happened to me
I got 16 losses in a row, so I decide not to double, I deposit again a larger sum and try to get 20% more on the deposit to cover the losses
I got 17 losses in a row again and lost that deposit too
That's 1:60 000 and 1:120 000 in a couple of minutes

If you're a gambler, you're going to place a lot of bets, probably over 120 000, won't you? :)
Martingale is the devil.

Well, yes I agree. In any case in Dice game you can loose, even in first bet. But with 500 000 Doge balance I think you can win - one or two times, and then withdraw your win !!!

If you're going to bet 1-2 times, you don't need 500 000 Doge, unless you're going to bet 500 000 Doge.

I think this can sometimes work but you also have to make enough for fees and I think if you just play a little bit you will lose money to them...

So will you withdraw after winning one doge or any minimum amount you fix to win before withdrawing money?

Becuase you say after one or two bets win but if you start with one doge then you may not be making any money with this method. If you set even small amount target also sometime before reaching that target you may start losing a lot of money and in an emotion, you may continue gambling until you lose your complete bankroll.

As said above, this strategy is very popular and is called martingale. The thing is that, unfortunately, people rely on it too much and it is known to have made gamblers lose a lot of money. The reason is that sometimes you can have, say, 10 times the same result on 50/50 probability. And that's when eventually your balance is rapidly going down and you lose everything, unable to double the bet once more to win.
I would say it's safer to bet high amounts of money with 90% win probability instead.

wow,this is plain amazing,why has none thought of it before  /sarcasm
if you calculate the chances for you to lose on such a martingale,you are bound to hit max bet
and lose all of your bank sooner rather than later
mind you 25 reds on a 2x chance are very common,it is more than enough to kill your balance
there is no guarantee such a streak doesn't occur after 10,100,1000 rolls
it can happen literally anytime

20 or 21 missed bets will make that 500 000 DOGE disappear.
It is not really something impossible, in longer run bad streak will occur and then you will lose your whole balance. It can happen in short run too.

Not playing long? That will be easy, but how about when you want to come back. Will this still work?
I also think they are letting those small bets because they want you to play longer to make you more greedy and think you can win against the house.
With gamblers there is no "enough" or always "not enough".

forget about it,it is just a guy who is new to online gambling and Martingale systems
posts his "lifechanging 100% working method"
it is going to work until it doesn't and then,having lost his whole bank of 500.000 doge
or any other sum he decided to deposit,he would call the site he lost at scam
I have seen it before and it will happen again and again,because gambler's fallacies are what the gambling sites make the money on

What is the point of having this thread anyway? I do not think that people right here do not know that basic strategy. This common basic strategy already improve with some seuntjie bot in case you do not know yet. And with his bot, you can even find better strategy with difference variances

Btw is there any safe dice site to play? I think all of dice sites is the same, as long as you are lucky, you will hit it. But do not hope for any site that will give you 49.95% chance, there is no site with this, usually 1% house edge is pretty good, nowadays I can't find lower than that

You seem to be the one of early phase gambler, don't worry you will eventually have your doubt clear in phase two when you will lose some(or more) money. there is nothing like golden strategy in the games based on chance especially in the long run you will run out of the road. apart from that, I suggest you switch to poker which is more skilled intensive then dice rolling.