Because it's through the winning bets that profit is made and that's what most people see. The strategy of doubling on losing it's a zero-sum tactic. When the roll is good, you recover only the lost bet. Many others had made a better analysis of it and even I said I used it, but my experience is that not works at all. Nevertheless, for me it's a fun coin toss that is exciting when you recover a huge losing zero bet.

Because that's the lure of lotto. A small investment for the promise of big profits. However, that person you know is the kind of people doesn't know when to put an end to his loses.

I can attest that martingale doesn't work. Being the strategy is based in a exponential growing rate, only to recover from losing, there's no wallet that can endure such loses. A 27 losing streak is enough to evaporate 1 BTC and the probability that such a bad luck chain can happen is there.

Bittrex sent to it their subscribers, a list of coins to be de-listed by November 1st. The mail has the following info:

Thank you for using bittrex.com.

We will be removing the following wallets on November 1st, 2015. Once removed, we will not be able to retrieve your funds. Please remove all coins ASAP. Note, that some of these coins have broken blockchains where we will not be able to send coins.

No exceptions will be made once the wallets are removed.



Symbol      Coin Name     
16BIT      16bitcoin     
BOOM      BoomCoin     
BTM         Bitmark       
BUCKS      GorillaBucks 
CAM         CamorraCoin   
CHASH      CleverHash   
CXC         CheckOutCoin 
CYP         Cypher       
DCC         DarkCrave     
DOX         DoxCoin       
EKN         Elektron     
EPY         Empyrean     
EQM         Equalibrium   
EVENT      EventToken   
GIZ         GizmoCoin     
GPH         GraphCoin     
GRID      GridPay       
GSX         GlowShares   
HAL         Halcyon       
HAP         Hashpay       
HUGE      BigCoin       
LUX         BitLux       
MNE         Munne         
NANAS      BananaBits   
PRE         Premium       
QTZ         Quartz       
RZR         Razor         
SFR         SaffronCoin   
SIGU      Singular     
SMAC      SMAC         
STV         SativaCoin   
SYNC      SyncCoin     
WATER      CleanWaterCoin
XMS         MegaStake     
ZRC         ZiftrCoin     

If you have coins in these wallets, please remove them by that date. Coin retrieval after the removal date will not be possible. Thank you for your time and for trading at bittrex.com!

Best regards,
Bittrex Team

I eagerly wait for the 5th phase as for my level will have chance by then. Meanwhile, I have the wallet compiled and ready.

My address is:

LivXvUhQPV7mzTuB1e3LaJPDVGJxjhNACX

Going towards its third week of existence, phreak looks a dependable investment, as long as development continues.

Maybe with the next update. Meanwhile, my wallet keeps staking and each iteration I earn more coins.

Keyword is control. Agreed, that's the hardest thing to do, but I keep losing with style (though that means more faucet draining until I gather enough to run towards the next losing spree).
 

I had a 20 bad rolls streak that mean losing 1mill sat. Checked each roll and none was tampered against me. Pure bad luck on my side.

Trade is holding a steady volume. No big surprises but the usual profit sales.

Well, I lost my first million satoshi by using martingale  in a extreme lost streak of 20 bad rolls.  A losing testing play which taught me that there's no strategy at all but pure random luck.

I do play lottery. I'd  won the 2nd prize four times. Of course, that last ball meant I'm many years away from retiring. Overall, I've spent as much as I've earned, that's why I keep playing.

The games are as fair as the algorithm used, which can be  trusted and proved. Nevertheless, there's and edge in every game, which is only the safeguard used by all the casinos to protect them from losing if by chance a player has a winning streak.

Maybe I didn't use the right way to say it. Gambling as an activity is neither good or bad. The consequences that people has to face because their gambling habits are. I have family and friends that think that all the games are rigged. Nevertheless, they keep playing again and again, waiting to hit jackpot someday. Are they out of their minds throwing their working earned money by gambling? I don't criticise. I gamble sometimes too, even with my engineering background tells me that the odds are against me every single game. It's my decision to do so and in the way I feel like having fun.

After the huge boost because the wallet update, the trend has been marked from utility takers. Yet, the trading volume has surpassed the 4 BTC and coin looks better now.

Gambling is not wrong itself. The lure from obtaining something without effort is always there and that is why gambling is so attractive. If you go only for the fun, risking a little bit hoping it grows by betting, then it's not a problem. In the other hand, if it becomes an addiction, it would be better if you forget about it.

Casino's edge is their safeguard, either against a lucky streak or blatant cheating. When a player wins, is someone taking as profit the losing of many other players. So in the long run you can't think on gambling as a regular income.

I set myself little goals. I withdraw either after winning 10% or losing 15%.

Volume has increased to almost 4 BTC. Not bad.

When the sources will be updated? Github repository still have 1st wallet version.