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Author Topic: 15 consecutive losses and counting - FORTUNEJACK !  (Read 1361 times)
Bitminer1224
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April 02, 2016, 04:59:55 AM
Last edit: May 22, 2018, 10:43:54 PM by Bitminer1224
 #21

I've gotten this a few times when I used to play dice. I also saw other people get 30+ red. Just have to remember that house edge always wins against martingale. It just loves to pass those reds out when you think you have hit the black lol...

RussianRaibow
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April 02, 2016, 05:57:39 AM
 #22

That is a huge bummer when it happens to you, but 15 in a row isn't that much.  It can get a lot worse.  That Martingale betting will get you every time sooner or later.  Good luck on your next game.  Maybe you will be able to cover your loss and win big!

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Paultango
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April 02, 2016, 06:01:48 AM
 #23

Thats very very sad mate all that coins if you didnt gamble it probably wont loss Grin
Hope you recvoer your losses mate.
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April 02, 2016, 06:17:30 AM
 #24

I've gotten this a few times when I used to play dice. I also saw other people get 30+ red. Just have to remember that house edge always wins against martingale, it just loves to pass those reds out.
People often forgot that every bet is treated as 1 instance and counted independently from others.
It is perfectly possible to had 15 loses in a row - although probability of this outcome is very low.
B_UN1T
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April 02, 2016, 06:24:22 AM
 #25

Maybe you should take a look on my Thread

https://bitcointalk.org/index.php?topic=1417931.0


Use my referral link https://crypto.com/app/x5udjt1lcy to sign up for Crypto.com and we both get $50 USD Smiley
Paultango
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April 02, 2016, 07:03:49 AM
 #26

Maybe you should take a look on my Thread

https://bitcointalk.org/index.php?topic=1417931.0


ooh thats a lot of money you got there mate are you rich? thats lots of money wasted
Nevis
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April 02, 2016, 07:07:40 AM
 #27

Ouch you should stop gambling or your life will be ruined
i hope you recover your losses hahaha
Krayshock
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April 02, 2016, 07:22:15 AM
 #28

Not very surprising. I lost like 30 times in a row and continued breathing and doing my own stuff other than gambling.
I just hope that you recover your losses

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marioantonini
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April 02, 2016, 08:44:42 AM
 #29

is only unlucky and the another demostration of don't work of martingale in the bet. Every bet is different, not depend to the other, you can lose already 100 consecutive time, i have lose more of 3 consecutive time with 98% probability of win
Bagus Tubagus
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April 02, 2016, 08:46:31 AM
 #30

15 losses is nothing. 25+ would be something!
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April 02, 2016, 03:44:04 PM
 #31

Ahh, a classic martingale strategy and also dice sites. That's why i never gambling on dice sites anymore, provably fair they said haha. Actually 15 streak losses is normal on dice sites.

provably fair and 15 losses in a row are not mutually exclusive. if they were all casino sites would be broke already.
Junko
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April 02, 2016, 04:23:33 PM
 #32

Variance can be a real bitch sometimes. If you play with a proper sized bankroll though, bad streaks like this are just blips in the road long term.
imbest
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April 02, 2016, 04:37:28 PM
 #33

Well, I am very upset now !

http://prntscr.com/ams8dw
oh man..fortunejack made you April Fool..lol.
sorry for your lose.there is no trick against house edge
DarkStar_
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April 02, 2016, 04:47:22 PM
 #34

Wow, I would say that you are actually lucky that you only got a 15 streak, since some people had streaks of 30+ losses at justdice. Dooglus made a post about it somewhere, and that was a few years ago. You should read the thread about whether martingale works in the long run or not - There are some pretty good posts about this. Like the first reply said, a 15 streak isn't that unlikely.

taking a break - expect delayed responses
Kepler510
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April 02, 2016, 04:52:26 PM
 #35

I think it's an accident that's quite fatal in gambling, because I've never up eager to result in defeat. I think that gambling is too ambitious and too dreaming to get a big win in gambling, so she did a big bet in hopes of winning big. But the expectations don't get the luck in him so that he got a major defeat. Keep trying and keep excited

masnad
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April 03, 2016, 04:37:45 AM
 #36

Wow, I would say that you are actually lucky that you only got a 15 streak, since some people had streaks of 30+ losses at justdice. Dooglus made a post about it somewhere, and that was a few years ago. You should read the thread about whether martingale works in the long run or not - There are some pretty good posts about this. Like the first reply said, a 15 streak isn't that unlikely.

30+ please show me lol, not sure of OP but i never seen 30+ !

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pooya87
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April 03, 2016, 05:12:20 AM
 #37

i gave up on strategies in gambling a long time ago, nothing is working and all of them no matter how you feel good they are, will end up losing. so now instead i just roll with my luck and hope to win and never follow any pattern any more Smiley

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GreenBits
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April 03, 2016, 05:23:51 AM
 #38

sorry to hear this bro  Sad smaller bets next time, and try betting on binaries like events, decent return and you can actually apply organization stats to influence your winningness. Better than 50/50 at least.
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April 03, 2016, 05:38:10 AM
 #39

i gave up on strategies in gambling a long time ago, nothing is working and all of them no matter how you feel good they are, will end up losing. so now instead i just roll with my luck and hope to win and never follow any pattern any more Smiley

There can be strategies in games that have strategies. poker, blackjack, etc.

Every bet on a dice site has a negative expected value. No matter how you combine them, you will always end with a negative expected value.
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