Double-bet-on-lose method applied to bitcoin gambling

[ljackstar]

I remember reading a story (Can't say it was 100% true, but you never know) that was basically about 3 guys that where in vegas playing roulette, on martingale. They kept betting black, but the wheel landed red 31 times in a row. All 3 men and everyone else at the table was broke.

[b!z]

I remember reading a story (Can't say it was 100% true, but you never know) that was basically about 3 guys that where in vegas playing roulette, on martingale. They kept betting black, but the wheel landed red 31 times in a row. All 3 men and everyone else at the table was broke.

it is 100% possible.

[ghibly79]

Betting strategies are not totally worthless: in the long run you'll lose but you have at least the choice at some point to stop, keeping some profits (given you made anything at all). With a single max bet you don't have any choice.
You usually won't withdraw in time and lose everything anyway but that's another matter xD
I wouldn't use Martingale systematically, or worse a bot based on it. You can use some sort of controlled Martingale starting to bet after long loss streaks and capping max bets to a very safe amount: if the losing streak continues past that you just reset to zero bets (or the closest to that the casinò allow) and wait for another loss streak to begin.
Withdrawing partial winnings and risking only some of the profits from time to time is also a good practice.
You'll still lose in the long run but you can have a somewhat better chance at finding the good moment to stop and keep some

[LtJonesBones]

Honestly?

We're all gonna lose some money in a certain moment. Gambling is for fun so, whatever is the strategy, the better one is the one that is more fun for the player. One just gotta be smart enough not to bet money that cannot lose.

Like it's said on the Holstee Manifesto: "Stop over analyzing, life is simple."

[jeffthebaker]

Honestly?

We're all gonna lose some money in a certain moment. Gambling is for fun so, whatever is the strategy, the better one is the one that is more fun for the player. One just gotta be smart enough not to bet money that cannot lose.

Like it's said on the Holstee Manifesto: "Stop over analyzing, life is simple."

Hey buddy check the last reply to this thread before yours.

[Kyraishi]

I remember reading a story (Can't say it was 100% true, but you never know) that was basically about 3 guys that where in vegas playing roulette, on martingale. They kept betting black, but the wheel landed red 31 times in a row. All 3 men and everyone else at the table was broke.

it is 100% possible.

and the more funny would be you lost 30bet on black in a row  and then you bet red..... and it's BLACK!