Dice gambling method #1 - Use wisely.

[SyGambler]

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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[Boelens]

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.

[MasoVa]

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

[BigMac]

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.

[Havelivi]

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

[maku]

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.

[bitcircle]

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.

[pooya87]

~~
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?

[bering]

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

[Betwrong]

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.

[GannickusX]

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.

[pereira4]

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.

[shanem]

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.

[socks435]

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...

[znickelbackz]

enough with this method. time for the #2, if there is any.

[digitalcoinbuyer]

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.   

To make matters worse I put .07 in two different ponzi sites just to see what would happen today also.

[sana54210]

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.

[Ceizer54]

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?

[GannickusX]

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?

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.

[michinzx]

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.