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Author Topic: Dice gambling method #1 - Use wisely.  (Read 2622 times)
Robertt (OP)
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January 16, 2016, 02:29:45 PM
 #1

I am not responsible for losses, this is just me sharing some strategies that worked well for me. I'll be posting lots in seperate thread, this is #1.
This method should be used to gain a good profit from around 0.005 & above.
Let's assume I have 5 mBTC / 0.005 BTC balance in a site.
Set the base bet at 1% of your bankroll. Set the win chance at 20%, so you get a 5x / 4.95x payout.
On loss increase by 2x. Watch and profit. This will either bring you a lot of profit or bad profit. Depends on your luck. I used this & went from 0.002 to 0.14 a while back.

Bet 1: 0.00001 BTC
Bet 2: 0.00002 BTC
Bet 3: 0.00004 BTC
Bet 4: 0.00008 BTC
Bet 5: 0.00016 BTC
So far it's been 5 losses & we haven't lost more than 3 cents.
Bet 6: 0.00032 BTC
Bet 7: 0.00064 BTC
Bet 8: 0.00128 BTC
Bet 9: 0.00256 BTC
9 losses and you're down. Let's see the profit if you won any of the bets.
Bet 1: 0.00004 BTC profit
Bet 2: 0.00006 BTC profit
Bet 3: 0.00012 BTC profit
Bet 4: 0.00024 BTC profit
Bet 5: 0.00048 BTC profit
Bet 6: 0.00096 BTC profit
Bet 7: 0.00192 BTC profit
Bet 8: 0.00384 BTC profit
Bet 9: 0.00768 BTC profit
Then you continue and see how far you go.

*This is a bad method, just something to try if you have a spare $2-$4 or something small. Don't try with a big amount, martingale is martingale and you will lose in the end. Won't take too long to get to 1 BTC if you use martingale and start with even 0.000001*
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January 16, 2016, 02:51:32 PM
 #2

Nice theory but I don't agree with any kind of fixed strategy when playing dice. My tip is always just to have fun & not think too much, house edge destroys most thought out methods any way.

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January 16, 2016, 02:54:43 PM
 #3

Nice theory but I don't agree with any kind of fixed strategy when playing dice. My tip is always just to have fun & not think too much, house edge destroys most thought out methods any way.
House edge takes you down in a term much longer than people believe, is greed what kills.

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January 16, 2016, 02:59:46 PM
 #4

no one method cant work long term in any dice site u fool:)
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January 16, 2016, 03:12:47 PM
 #5

on loss bet x2 is a martingale, and have more thread with the same option, but user continue accreditate in this? Is only lucky, martingale don't word, casino and cie games have house edge and to long term win
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January 16, 2016, 03:24:55 PM
 #6

Oh yeah, here we go. Martingale strikes again. It is very old betting system but this method has a flaw and that is the chance of you losing at any one given time doesn't change.
Imagine that you're flipping a completely fair coin  and it lands on heads 10 times in a row, while that event is unlikely, the chance for you to flip a head next time is still 50%!
Also, the amount you must bet in order to win back your original wager increases exponentially, as you lose. So it is possible to use martingale only if you are 1. gambling at low rates 2. have huge bankroll.
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January 16, 2016, 03:25:15 PM
 #7

Well to be fair, OP has already warned everyone who is planning to try it that "This is a bad method...martingale is martingale and you will lose in the end..." at the end of the post.

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January 16, 2016, 03:46:11 PM
Last edit: January 16, 2016, 04:12:20 PM by BitMaxz
 #8

I think there is no best method to make a profit with a small amount of btc but if you do it manually and you have lots of bitcoins to start
Maybe you can make a profit with this method. We all know even this method or any method still lose in the end. but it depends in our self if we have a bright decision..

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January 16, 2016, 03:50:34 PM
 #9

Just trying martiangle on the bet and got busted at the end. ( win at the beginning, lose at the end )
Instead, I'm changing my method with low chance of winning but can require high payout. ( lose at the beginning, win at the end )


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January 16, 2016, 03:53:34 PM
 #10

Well don't take it serious op looking into funny mode maybe he got bored with normal posts so that he want to release his tension as he describe at the end of the post martingale doesn't work anymore so i totally disagree with his method because it is already failed as so many people lost a lot of amount on dice sites with that kind of method.
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January 16, 2016, 03:59:25 PM
 #11

It's hard to make profit with dice some lose streaks are so hard. I'm also testing some settings and it's hard to find good settings. I'm keep on testing with small amounts and let's hope I got some luck with it.
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January 16, 2016, 04:11:07 PM
 #12

This strategy is old one, has been tested by a lot of ppl, but end up losing to the house, who has found methods to conquer it. Otherwise it will fail and cannot sustain itsself.
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January 16, 2016, 04:15:13 PM
 #13

This is a waste of both time and money(bitcoin). The method is proven to be unstable and it stays gambling, you never know what will happen.
You risk much bitcoins to gain less, I think that is stupid because you will always lose, it is true, no one will win if you don't stop playing, that are the dangerous things about it.

To stay on topic, this method is just crap, it does never work.

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January 16, 2016, 04:50:33 PM
 #14

My friend this strategy which you explained so intensely is called Martingale strategy.
https://en.wikipedia.org/wiki/Martingale_(betting_system)
But this strategy gives loss more often than profit and so use it to a certain limit, once you are addicted to this method, you would find it difficult to stop.
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January 16, 2016, 05:07:12 PM
 #15

I dont really think that your strategy is really work, because this is dice game. You need luck to play it although you used martingale if you are not lucky enough you will still suffer really much loss there. So what I think just normally play like set your balance 0.01 or 0.001 then all in with 2x winning or losing stop it and if you want to continue it make sure you set again your balance well
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January 16, 2016, 05:28:44 PM
 #16

no one method cant work long term in any dice site u fool:)

it's true, I've tried several methods when playing for too long will eventually lost. good method is to know when to stop, because if I'm winning and I continue to play to get over it pretty bad and eventually all lost.

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January 16, 2016, 05:32:42 PM
 #17

Nothing new, simple martingale strategy, which fail sooner or later.
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January 16, 2016, 05:40:43 PM
 #18

Good old martingale method, which works.. until it doesn't, then you lose all of your previous hard work (because doing this is pretty time consuming) along with your money. You can't beat statistics long term OP.. so just have fun with gambling and stop gambling when you think you are pushing it too far.
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January 16, 2016, 06:12:30 PM
 #19

Martingale method always lose in the long run but you can make profit fast in the first 100 bets or more.
But it always depends on luck even you are using martingale method so think twice after you made a profit with this method.
Because  you will lose if you are greedy..

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January 16, 2016, 06:28:23 PM
 #20

There are ''real methods'' that work better than others and can even increase your odds but just a little, Dooglus used an example: 

  ''For an example of a better strategy, try:

  bet 0.5 at 33%
  if you win, you get 99/33 = 3x, so you get 1.5 back, a profit of 1 - you've doubled your money

  if you lose, bet the other 0.5 at 24.75%
  if you win, you get 99/24.75 = 4x, so you get 2 back - you've doubled your money

  the only way it goes wrong is if you lose both the 33% and the 24.75% - the chance of that is (1-0.33) * (1-0.2475) = 0.504175
  so the chance of success is 1 - 0.504175 = 0.495825 = 49.5825% - a fraction higher than 49.5''

As you can see, you are literally increasing your odds to 49.58 instead of 49.5 but of course that's still not enough to win long term but definitely better long term than this strategy.

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January 16, 2016, 06:44:41 PM
 #21

Another gambling "method", how lovely.

I suggest you stay away from this, no strategies work in gambling, it's a game of pure chance and luck, take care.

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January 16, 2016, 06:59:33 PM
 #22

I tried this already and I can say there is a trick. 18 reds is nothing on 20%. Once I had 80 reds on x5.5. Every bet double,  triple played then doubling bet. U need to chase this with a big bankroll. Or to be very lucky. I will wait for your next proposal this one is to hard to win on long run I believe.

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January 16, 2016, 07:34:58 PM
 #23

Most strategies never work in the long run due to something called the house edge.   It is impossible to beat it in the long run, assuming you play infinite amount of times you are expected to win with what percent the house gives you, which is negative.
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January 16, 2016, 08:02:29 PM
 #24

Nothing new, simple martingale strategy, which fail sooner or later.

Exactly and when newbies do it and finally loose, they come and shout scam everywhere, in threads and all and finally get the treatment. So its better to know that when you have lose even 24 bets consecutively on 50% , yet the  next roll loosing has a probability of 50% .
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January 16, 2016, 08:17:08 PM
 #25

There are ''real methods'' that work better than others and can even increase your odds but just a little, Dooglus used an example: 

  ''For an example of a better strategy, try:

  bet 0.5 at 33%
  if you win, you get 99/33 = 3x, so you get 1.5 back, a profit of 1 - you've doubled your money

  if you lose, bet the other 0.5 at 24.75%
  if you win, you get 99/24.75 = 4x, so you get 2 back - you've doubled your money

  the only way it goes wrong is if you lose both the 33% and the 24.75% - the chance of that is (1-0.33) * (1-0.2475) = 0.504175
  so the chance of success is 1 - 0.504175 = 0.495825 = 49.5825% - a fraction higher than 49.5''

As you can see, you are literally increasing your odds to 49.58 instead of 49.5 but of course that's still not enough to win long term but definitely better long term than this strategy.

I usually implement a similar strategy but it all comes down to your luck that day really. Long term based on your numbers and Martingale system you will ALWAYS lose to the house edge. So the key here is betting once in a while, try to not be greedy, just bet for entertainment and consider your money gone the minute you decide to bet. You know...just for fun. You can't beat the casinos.
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January 16, 2016, 08:53:42 PM
 #26

its a really interesting idea but i think i used it at one point in the past, but it failed really badly, thats why i dont use any strategies like that and gamble only for entertainment
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January 16, 2016, 09:07:43 PM
 #27

Personally, I don't believe in any single strategy to win in dice gambling. Gambling is gambling and martingale is martingale. The Casino wants to get your money, and the best way to get your money is to make you believe that you are winning but in the long run, they are the ones who walk to the bank laughing.
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January 16, 2016, 09:23:11 PM
 #28

Another gambling "method", how lovely.

I suggest you stay away from this, no strategies work in gambling, it's a game of pure chance and luck, take care.

Then why are you suggesting us to stay away from this strategy like it's going to matter, it's not like this strategy is going to make you lose all your money in the first roll, I have seen worse strategies than this.

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January 16, 2016, 09:23:17 PM
 #29

More often then not if you're gambling with a low balance youre praying period. I've been playing dice for about 2 years now. I even have my own site on moneypot that I will gamble on here n there for fun but the 1 thing I've noticed is you need a balance to even have a chance at winning. All strategies can go for super long losing streaks. 10-50 reds in a row on 2x is what I've seen personally. The higher the multiplier the higher the losing streak can go as well.

Another thing I've noticed when ppl gamble is the lack of patience. Someone deposits .01 and goes balls to the wall hoping to hit. Normally ending in a bust.

A personal strategy I've been using is x14.9 8 base(this is in bits) with a 10% increase on loss. My starting balance is normally .1-.2 to ensure I can handle a long losing streak. I'm not guaranteeing a win here its just working for me. I'm up .3 in the last hour or so

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January 17, 2016, 12:06:45 AM
 #30

If your gambling once in awhile than nothing wrong in trying different ideas but we should remember what ever the house edge either big or small but at the end house will win in dice games. So just enjoy the game with small amount but don't try to beat the house edge because you may lose lot of money.
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January 17, 2016, 02:40:02 AM
 #31

x%100 on loss seems usual, and it's usually make me lose when I reach %300 of my balance
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January 17, 2016, 08:19:55 AM
 #32

yup, you can reduce the house edge but still u r in the disadvantage due to <50% of winning. and this method may seems to work in the short run but still loss in the long run cause it is really easy to loss 9 in a row and when u loss, u loss big. u can win most of the time, but the winning is still not that much as compare to lossing.
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January 17, 2016, 08:40:55 AM
 #33

Nice try , I just believe this method wouldn't work at all (no offense)
Play dice randomly are the only working strategy so far for me, I just click randomly and see the outcome later.

I'm in 400,000 euros debt , dont help me , i rather die
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January 17, 2016, 08:42:15 AM
 #34

10-50 reds in a row on 2x is what I've seen personally.

The longest streak I have read so far is only 32 that posted by dooglus. Are you sure that you have seen 50 reds in a row on 2x? Where did that happen?
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January 17, 2016, 08:49:37 AM
 #35

martingale will work if you have unlimited balance or if can cover when losing , get 5-10% profit maybe still working
at least it work for me i never took much profit because gambling is gambling.

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January 17, 2016, 10:02:08 AM
 #36

No body in the history of gambling has profited from martingale when they are plying against the house.This strategy can get you profit's if you are lucky but you have a hundred percent chance to lose eventually.They have an edge and that's what you are ignoring or not focusing at.
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January 17, 2016, 10:49:03 AM
 #37

There are ''real methods'' that work better than others and can even increase your odds but just a little, Dooglus used an example: 

  ''For an example of a better strategy, try:

  bet 0.5 at 33%
  if you win, you get 99/33 = 3x, so you get 1.5 back, a profit of 1 - you've doubled your money

  if you lose, bet the other 0.5 at 24.75%
  if you win, you get 99/24.75 = 4x, so you get 2 back - you've doubled your money

  the only way it goes wrong is if you lose both the 33% and the 24.75% - the chance of that is (1-0.33) * (1-0.2475) = 0.504175
  so the chance of success is 1 - 0.504175 = 0.495825 = 49.5825% - a fraction higher than 49.5''

As you can see, you are literally increasing your odds to 49.58 instead of 49.5 but of course that's still not enough to win long term but definitely better long term than this strategy.
youre not really increasing your odds of winning, youre just decreasing the chances of you losing by reducing the effect the house edge can have on you. its a small difference, but theres a distinction. however, there are no "best" gambling methods, youre bound to eventually lose to how the games are designed to benefit the casinos.
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January 17, 2016, 11:20:37 AM
 #38

Personally, I don't believe in any single strategy to win in dice gambling. Gambling is gambling and martingale is martingale. The Casino wants to get your money, and the best way to get your money is to make you believe that you are winning but in the long run, they are the ones who walk to the bank laughing.

Well, I think that martingale can be profitable. I mean the probability of it to be profitable is pretty high if you are following the rules:

1. Your basic bet amount should be less than 0.1% of your balance.

2. You must undestand that you can't play forever like this. The more you play the more probability of losing everything.

So if you are trying to win 100k sats risking 1 BTC you will win most likely, but if you are trying to say double your balance with martinglae you'll most likely lose.


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January 17, 2016, 12:50:26 PM
 #39

I have a better one for you here that i used on just dice last time .

Started with 0.5 BTC and end up 12 BTC .

Bet on 3x and double when lose , bet what you can afford by your bankroll .

Surely you need luck but since you are gambling make sure you gambled .
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January 17, 2016, 12:55:01 PM
 #40

I have yet to find a decent strategy for dice, none of them worked so far. I might try this out when I got some spare bitcoins left.
It's hard to find a dice strategy because I always end up losing somehow.

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January 17, 2016, 01:23:28 PM
 #41

well I won't discuss martinagle cause we have discussed it a lot , but I find betting 1% of your bankroll on 20% chance to win is insane
1% base bet is huge when you want to bet on such odds , honestly I would prefer normal martinagle on this one
in this method you need to be extremly lucky to achieve nice profit , the odds won't make you survive 2 mins with this strategy
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January 17, 2016, 01:38:22 PM
 #42

This is just martingale with low amounts. It's nice in theory but never works out in the long run, not a single strategy does. Every online site will have a house edge, so you can keep doing this but you're not going to make a profit off of it unless you're still very lucky. Better off just betting for fun honestly and just relying on pure luck because these 'strategies' won't get you anywhere and are usually just frustrating.
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January 17, 2016, 02:19:30 PM
 #43

nice strategy i guess but sometimes its doesnt work
better bet bigger and take profit with high chances win
but not bad to try all depends of our luck
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January 17, 2016, 02:41:43 PM
 #44

I wonder how many years it will take for martingale to become less popular.

Perphaps if more people would invest their time to play with dice simulators for a while, to see how martinagle really performs, and how "hard" it is hit a streak of 10+ losses.

According to the wikipedia page, martingale originated from and were popular in 18th century. I am sure many gamblers have seen for themselves how martingale is bad in the past 300 years, but it remains popular and still is considered to be a good thing by many. Considering that, I don't think martingale players will change their mind with simulators.

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January 17, 2016, 02:53:28 PM
 #45

Still wonder why still people thinking using martingale in dice can help to make some profit there and it proven by so many people it only lead to get busted even initial deposited amount with all profit when we caught by losing streak, i am down more than 3 btc on a dice site by just recovering some satoshi Cheesy
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January 17, 2016, 02:54:16 PM
 #46

I wonder how many years it will take for martingale to become less popular.

Perphaps if more people would invest their time to play with dice simulators for a while, to see how martinagle really performs, and how "hard" it is hit a streak of 10+ losses.
Probably never. You can easily draw that conclusion after observing any gambling forum, bitcointalk gambler's section as well.
We have players coming here every week and claiming that they 'found' the best gambling strategy for Dice - martingale.
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January 17, 2016, 02:55:21 PM
 #47

I wonder how many years it will take for martingale to become less popular.

Perphaps if more people would invest their time to play with dice simulators for a while, to see how martinagle really performs, and how "hard" it is hit a streak of 10+ losses.

According to the wikipedia page, martingale originated from and were popular in 18th century. I am sure many gamblers have seen for themselves how martingale is bad in the past 300 years, but it remains popular and still is considered to be a good thing by many. Considering that, I don't think martingale players will change their mind with simulators.

So strange but it is true martingale is worst strategy ever, if get started with 1 satoshi always without of money at the end.
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January 17, 2016, 03:25:13 PM
 #48

~~
This will either bring you a lot of profit or bad profit. Depends on your luck.
~~

sorry to be so harsh but with this sentence you are throwing all other things that you said in garbage.

in other words you are saying this method that i am introducing is based on dumb luck and 100% random.
i am all in for trying new methods and improving my odds (luck) but what is the difference?! or better said why should i even try this method?

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January 17, 2016, 04:56:30 PM
 #49

i considering playing dice is pure of luck and your method still have very high risk and i have been do martingale but never working for me and in the end i was still lost my money with very fast with this method

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January 18, 2016, 12:30:27 PM
 #50

well I won't discuss martinagle cause we have discussed it a lot , but I find betting 1% of your bankroll on 20% chance to win is insane
1% base bet is huge when you want to bet on such odds , honestly I would prefer normal martinagle on this one
in this method you need to be extremly lucky to achieve nice profit , the odds won't make you survive 2 mins with this strategy

I agree. Even when betting on 50% chance to win your base bet should be 0.1% of your balance as I said before. And even although you have good chances to win you still might lose everything. For the strategy you mentioned even 2 minutes of playing is a big success IMO.

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January 18, 2016, 12:56:45 PM
 #51

There are ''real methods'' that work better than others and can even increase your odds but just a little, Dooglus used an example: 

  ''For an example of a better strategy, try:

  bet 0.5 at 33%
  if you win, you get 99/33 = 3x, so you get 1.5 back, a profit of 1 - you've doubled your money

  if you lose, bet the other 0.5 at 24.75%
  if you win, you get 99/24.75 = 4x, so you get 2 back - you've doubled your money

  the only way it goes wrong is if you lose both the 33% and the 24.75% - the chance of that is (1-0.33) * (1-0.2475) = 0.504175
  so the chance of success is 1 - 0.504175 = 0.495825 = 49.5825% - a fraction higher than 49.5''

As you can see, you are literally increasing your odds to 49.58 instead of 49.5 but of course that's still not enough to win long term but definitely better long term than this strategy.
youre not really increasing your odds of winning, youre just decreasing the chances of you losing by reducing the effect the house edge can have on you. its a small difference, but theres a distinction. however, there are no "best" gambling methods, youre bound to eventually lose to how the games are designed to benefit the casinos.

If one strategy is giving you better odds to win, which is what that strategy does, you are actually increasing your odds, I don't know what you are talking about, dooglus himself posted that of course there are better strategies than others if some of them give you better odds.
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January 19, 2016, 02:17:43 PM
 #52

I wonder how many years it will take for martingale to become less popular.

Perphaps if more people would invest their time to play with dice simulators for a while, to see how martinagle really performs, and how "hard" it is hit a streak of 10+ losses.

According to the wikipedia page, martingale originated from and were popular in 18th century. I am sure many gamblers have seen for themselves how martingale is bad in the past 300 years, but it remains popular and still is considered to be a good thing by many. Considering that, I don't think martingale players will change their mind with simulators.

A lot of people that think martingale is legit are just casual gambles or newbies that have seen it in some movie, and they think they can suddenly become George Clooney in Oceans 11 and start racking up mad gains on the casino, but if things were that easy we would be all rich already, and that's not how it works.
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January 19, 2016, 02:28:30 PM
 #53

I wonder how many years it will take for martingale to become less popular.

Perphaps if more people would invest their time to play with dice simulators for a while, to see how martinagle really performs, and how "hard" it is hit a streak of 10+ losses.

According to the wikipedia page, martingale originated from and were popular in 18th century. I am sure many gamblers have seen for themselves how martingale is bad in the past 300 years, but it remains popular and still is considered to be a good thing by many. Considering that, I don't think martingale players will change their mind with simulators.

A lot of people that think martingale is legit are just casual gambles or newbies that have seen it in some movie, and they think they can suddenly become George Clooney in Oceans 11 and start racking up mad gains on the casino, but if things were that easy we would be all rich already, and that's not how it works.

Martingale will fall after a while. When your luck turns back, you will see over 20 losses in a row with even odds. No matter how much capital you have, you will lose all of it eventually.

     

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January 19, 2016, 02:49:08 PM
 #54

This is martingale method and i think you will also lose in the end. And i think there is no best method to make bitcoins fast in gambling.
Because it depends in your luck to win.. Just use it that you can afford to lose or to just try your luck by following this method...

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January 19, 2016, 04:53:17 PM
 #55

enough with this method. time for the #2, if there is any.
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January 19, 2016, 05:38:27 PM
 #56

So just to experiment since I've never played any of these games before.  I tried it out.  I tried out the dice game and used this method since it's worked for me well in BlackJack at casinos.  I used the exact numbers from the 1st page.  I started with .1097 BTC.  I did the automatic roll.  Settings were minimum .000001 x2 (for Martingale method) maximum .00768.  I did two 100 rolls and then a 1000 roll.  I was up.  Then I did the same thing but I took away a zero and made everything 1000 rolls.  Minimum was .00001 and maximum was .0768.  I was up to .1607.  I said ok I'll try again even though I knew I should probably quit.

After a few thousand more rolls and dropping my numbers all the way to the minimum my balance is now .00000012.  Looks like I'm retired from dice betting.   Grin

To make matters worse I put .07 in two different ponzi sites just to see what would happen today also.
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January 19, 2016, 06:51:14 PM
 #57

I have yet to find a decent strategy for dice, none of them worked so far. I might try this out when I got some spare bitcoins left.
It's hard to find a dice strategy because I always end up losing somehow.

Yes you will still loose or win depending on your luck, no matter what strategy you use. Because that 1%or such edge is made to make the house win and moreover the needless attempts to win BIG money makes you loose.
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January 20, 2016, 11:42:50 AM
 #58

This is nothing new OP.It's Martingale and now a days it doesn't work.Almost all casino's are designed this way to detect a martingale easily.you are saying to use this will small amount.I would say using this method would be a complete waste of time.Gambling is gambling because there are no fixed strategies otherwise it won't be called gambling.Got it OP? Tongue
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January 21, 2016, 12:53:26 PM
 #59

This is nothing new OP.It's Martingale and now a days it doesn't work.Almost all casino's are designed this way to detect a martingale easily.you are saying to use this will small amount.I would say using this method would be a complete waste of time.Gambling is gambling because there are no fixed strategies otherwise it won't be called gambling.Got it OP? Tongue

Casinos detecting martingale? The heck you talking about, why would casinos give a shit about martingale? Of course they all have limits but not because martingale is a good strategy. Just-dice registered 32 losses in a row using martingale, they obviously don't care about it if they allow 32 plays of it.
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January 21, 2016, 12:56:50 PM
 #60

Personally, I don't believe in any single strategy to win in dice gambling. Gambling is gambling and martingale is martingale. The Casino wants to get your money, and the best way to get your money is to make you believe that you are winning but in the long run, they are the ones who walk to the bank laughing.

Well, I think that martingale can be profitable. I mean the probability of it to be profitable is pretty high if you are following the rules:

1. Your basic bet amount should be less than 0.1% of your balance.

2. You must undestand that you can't play forever like this. The more you play the more probability of losing everything.

So if you are trying to win 100k sats risking 1 BTC you will win most likely, but if you are trying to say double your balance with martinglae you'll most likely lose.


i cant be profitable short term, maybe under 1000 bets. however, the longer you keep the autobet going, the more chances the house edge will have a chance to play a part, eventually leading to going bust. however, its often the case that you will go bust before you can glean any significant profit from martingale before going bust on just a single bad string of rolls.
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January 21, 2016, 01:01:16 PM
 #61

I wonder how many years it will take for martingale to become less popular.

Perphaps if more people would invest their time to play with dice simulators for a while, to see how martinagle really performs, and how "hard" it is hit a streak of 10+ losses.
it will never become less popular, as more people enter the gambling scene, they will inevitable see this "amazing magical never losing method" using their common sense, and preach it as if no one else before them had ever though of it. as long as they see it work over a few dozen rolls, they convince themselves in their head that the method is infallible.

This is nothing new OP.It's Martingale and now a days it doesn't work.
no, its never worked
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January 21, 2016, 01:06:26 PM
 #62

i think it is time you introduced your method number 2. because your first method did not have anything interesting to offer, or at least i don't find anything interesting about it.
a method should improve the odds of winning or at least make things interesting.

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January 21, 2016, 01:14:15 PM
 #63

Tried it and it failed for me Sad
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January 21, 2016, 03:13:35 PM
 #64

There's just no point in trying to find methods to gamble. If you want to have an strategy, find a game that supports strategies. Start learning about poker and how to play texas hold'em, that's what I would do. Strategy with dice and roulette and slots based games, it's just not going to make much sense in my opinion.
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January 21, 2016, 04:07:20 PM
 #65

There's just no point in trying to find methods to gamble. If you want to have an strategy, find a game that supports strategies. Start learning about poker and how to play texas hold'em, that's what I would do. Strategy with dice and roulette and slots based games, it's just not going to make much sense in my opinion.

Sometimes you really need strategy on dice, it will boost your profit a little bit but that is not a guarantee at least you can try it rather than randomly place your bet then lose it. Btw you need take a note that strategy and skill is very different thing so you should not mix dice and poker too
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January 21, 2016, 04:13:15 PM
 #66

Tried it and it failed for me Sad

It usually will, nothing such special, and you always have a edge against you Sad

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Astargath
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January 22, 2016, 11:48:22 AM
 #67

There's just no point in trying to find methods to gamble. If you want to have an strategy, find a game that supports strategies. Start learning about poker and how to play texas hold'em, that's what I would do. Strategy with dice and roulette and slots based games, it's just not going to make much sense in my opinion.

There is no fixed strategy to play poker only for blackjack. Dice does support strategies because some strategies are better than others, none of them is going to make you win a guaranteed profit but depending on what you want you can pick the strategy that suits your purposes better.

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btcdevil
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January 22, 2016, 11:58:46 AM
 #68

There's just no point in trying to find methods to gamble. If you want to have an strategy, find a game that supports strategies. Start learning about poker and how to play texas hold'em, that's what I would do. Strategy with dice and roulette and slots based games, it's just not going to make much sense in my opinion.

There is no fixed strategy to play poker only for blackjack. Dice does support strategies because some strategies are better than others, none of them is going to make you win a guaranteed profit but depending on what you want you can pick the strategy that suits your purposes better.

nowhere the strategy works for long, its only that spot of time it works and when the site knows it they change the pattern and your strategy gets reversed. i have also used some strategy in poker and dice game but i dont use the same strategy everytime, i change them according to situation because when i see my strategy is working i play and win and after some time i change the strategy because i check that they are reversing my way of betting method like this i won back my loss and left the dice gamblin, now only sports gambling i do.
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January 22, 2016, 12:39:16 PM
 #69

I am not responsible for losses, this is just me sharing some strategies that worked well for me. I'll be posting lots in seperate thread, this is #1.
This method should be used to gain a good profit from around 0.005 & above.
Let's assume I have 5 mBTC / 0.005 BTC balance in a site.
Set the base bet at 1% of your bankroll. Set the win chance at 20%, so you get a 5x / 4.95x payout.
On loss increase by 2x. Watch and profit. This will either bring you a lot of profit or bad profit. Depends on your luck. I used this & went from 0.002 to 0.14 a while back.

Bet 1: 0.00001 BTC
Bet 2: 0.00002 BTC
Bet 3: 0.00004 BTC
Bet 4: 0.00008 BTC
Bet 5: 0.00016 BTC
So far it's been 5 losses & we haven't lost more than 3 cents.
Bet 6: 0.00032 BTC
Bet 7: 0.00064 BTC
Bet 8: 0.00128 BTC
Bet 9: 0.00256 BTC
9 losses and you're down. Let's see the profit if you won any of the bets.
Bet 1: 0.00004 BTC profit
Bet 2: 0.00006 BTC profit
Bet 3: 0.00012 BTC profit
Bet 4: 0.00024 BTC profit
Bet 5: 0.00048 BTC profit
Bet 6: 0.00096 BTC profit
Bet 7: 0.00192 BTC profit
Bet 8: 0.00384 BTC profit
Bet 9: 0.00768 BTC profit
Then you continue and see how far you go.

*This is a bad method, just something to try if you have a spare $2-$4 or something small. Don't try with a big amount, martingale is martingale and you will lose in the end. Won't take too long to get to 1 BTC if you use martingale and start with even 0.000001*


yes that last 2 lines are 100% correct bro, I think its impossible to end as a winner in martingale.

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phibay
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January 22, 2016, 12:55:18 PM
 #70

Tried it and it failed for me Sad
well at least you tried Grin i also tried that strategy and just lost my 0.01 BTC bankroll, i am just unlucky i guess and op was lucky on the other hand. i just look forward for OP's method #2 and so on. hope it won't have a touch of martingale Roll Eyes
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January 22, 2016, 02:59:42 PM
 #71

nowhere the strategy works for long, its only that spot of time it works and when the site knows it they change the pattern and your strategy gets reversed. i have also used some strategy in poker and dice game but i dont use the same strategy everytime, i change them according to situation because when i see my strategy is working i play and win and after some time i change the strategy because i check that they are reversing my way of betting method like this i won back my loss and left the dice gamblin, now only sports gambling i do.


Why do people still believe the dice site has a switch to "change the pattern" in order to win? In fact, they don't and they don't need to. What they need is a house edge that makes every individual bet to have -EV to the players.

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January 22, 2016, 03:17:56 PM
 #72

Your strategy is called martingale as you mentioned in a note below your post. But u have to understand that winning so many times is hardly possible and unless too luck, you wont win.
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