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I can tell you a system I was crazy about few years back. You watch which sectors are hot. In most cases the roulettes have 2 of the 3 sectors hotter and the 3rd one cold. So you cover the 2 hot sectors in split and corner bets, a total of 60-65 bets all over the place, and when you hit, you hit BIG and you hit often! The multiplier goes 10-12 times of your total bets. I was doing crazy good with this system for months until 1 day... It is far better than Martingale as you get quite the thrill of winning big . When betting at 5$ a bet (in AC thats the minimum), I was betting around 170-180 per spin and, when winning ~6-900 a spin. In 30-40 spins you either walk away with 8-10 K or lose 1-2 K. Now that is thrilling!
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I just thought of another possible reason -
Maybe martingaling is an attribute of novice gamblers, and in bitcoin there is a much higher percentage of novices, since crypto currency opened up gambling to those who wouldn't normally be interested.
You are quite right about that. It is mostly used by novice players. Think of it like this. If you are betting Martingale on a 1$ bet, you need to do 100 spins to win $100. On 100 spins, your chance of getting a bad streak is probably something around 60% (haven't really calculated it but it is something like that). If you bet $100 on red and win, you will win the same $100 in just 1 spin with a chance of 50% to lose it. In reality your odds are better on short-term single bets than on long-term Martingale play. I myself am a hardcore roulette player and I always prefer to try my lucky numbers  As for No Zero vs other roulettes, there are passengers for every train. Currently 75% of the roulette play on our site is No Zero and the rest of the roulettes combined are 25%. |
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OK, but apart from the competition, why do you run a game where you are just as likely to make a loss as a profit?
It is great for marketing and driving players to the site. We have tested it with about 50 million spins and in the long run it really holds exact 100% RTP no matter what you bet on. So it doesn't hurt to have it. |
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It will be a competition among the actual players. Player vs Player and not Player vs House. And may the best one win Just give me a couple of days to come up with the exact rules. |
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We are considering doing a Martingale competition on No Zero roulette. Will there be takers for that?
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Damn I thought I was rolloing getting close to 700. I hope for your sake the person winning 40 cedits does not continue on playing the way he did using real money.
You did well too! |
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RESULTS
Total Participants: 2320
Totals games played: 69944
Total bets value: 6840.399BTC
Total Payout value: 6576.646BTC
Overall Casino RTP: 96.14%
Average Rollover per 0.10BTC play money: 2.948BTC 2940%
0.4 BTC WINNER: pkornau
0.2 BTC WINNER: batty76987
Top 25 Rankings by largest achieved balance
Username Balance
pkornau 2,141.00
barrywu2013 1,356.05
xDeasher26 444
xDeasher19 212
Zska 145
iatebilly10 125
iatebilly8 100.53
vindep4 73
vsystech 72.4
galaxy 66.5
bkkshadow 54.5
ming 52
rog56 45
jmccreddie 40.1
choosin69 40
jogimk 36.04
T3ch94lyfe 35
siachige 31.5
ananda 31.4
fartslikeh3ll 31
chirarew 30
missychris489 30
horsesrock 30
Omegix 30
Crabguy 27
alin2s1 26.5
Player with highest rollover in bets:
Username batty76987
Total bets 2055.111BTC
Total games 1114
A BIG THANK YOU TO ALL PARTICIPANTS!
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I would like to start this topic of discussion and hear some opinions from the community.
In the online gambling world, Martingale system is being used only by 5% to 10% of the player base of any casino. In the bitcoin gambling world (as we see from our experience of running a bitcoin casino) Martingale is being used by 95% of the roulette/baccarat players.
So why is this huge difference? Do the players believe that their chance is greater by using Martingale compared to simple luck? Or they firmly believe that you can never lose using such a system? Or is it short-term gain that players are after? Or it is just the only known and proven way to bet?
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Unbelievable!! It might be the first btc company to hit a billion $ valuation a few years!
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Closing the contest in two days. Last call to win it!
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This caught even my curiosity. These winnings seem unrealistic on a 1% house edge and the number of games played. There must be some major pattern for the number draws within the algo. It is very hard to get the algo truly random. Stunna can you share the methodology being used?
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Almost at the end. Last chance to try your luck!
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And their site is now down?
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I second CasinoBit. Gambling is entertainment. People who deliberately try to make a living out of it are not in their right mind |
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We need some PR done. Msg me if you own a blog with traffic or have connections to news outlets.
Paying in BTC.
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I am thinking something in the lines of a group site, same way that there are sites for artists, musicians, developers, why not a network of entirely bitcoin enthusiasts?
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A social network of bitcoin supporters with different interest groups, or groups by location, causes, etc.
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