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Author Topic: Martingale in Sportbooks n Free Tipster  (Read 3225 times)
avvank (OP)
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May 22, 2016, 12:27:00 AM
 #21

i think martingale and market prediction is the best key to keep balance in bankroll. Charles lose coz he used big odds and parlay game.

Result of** Bhambri P / Chilumula N - Momkoonthod T / Yadlapalli P  (To Win Match Bhambri P / Chilumula N) odds 1.45 in 10mBTC ** WIN Profit 4.5mBTC
Bankroll 310mBTC (from 300mBTC)

Next bet is ** Sporting Kansas City - Real Salt Lake  (Total Goals Over/Under = Over 2.5) odds 1.85 in 10mBTC **
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May 22, 2016, 12:41:06 AM
 #22

Martingale NEVER works.
Martingale Usually Works In The Short Run.
I think the tipster is a bit too confident with his picks, as he is basically betting that he won't lose 2 consecutive bets. You should consider lowering your bet at least so you can sustain 3 losses in a row.

Doesn't the Martingale system require nearly even money or 2.00 odds for it to function?
Nope. You can martingale with any multiplier, including x1.01. You just need to change how much you increase it by. If you use x1.01, you would need to increase your bet by 10000% (x100) when you lose to win back your loss and and gain the original profit back. If I bet 100 satoshis at x1.01, and lost, I would then bet 10100 satoshi which if it won, I would win 101 satoshis making my net profit (assuming this is the first 2 bets) 1 satoshi.

taking a break - expect delayed responses
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May 22, 2016, 01:04:27 AM
 #23

I never thought Martingale method can be used in the game sportsbook, but if you do arbitration it very safe .
Martingale will never go well.

In gambling, any method will not work for a long time because in most of these calculations we can't add one factor and which is LUCK. Luck is a very critical thing, and one need to win money from gambling on a regular basis. This method may work until one don't get a continuous loses. So gamble carefully and good luck to all.
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May 22, 2016, 03:36:11 AM
Last edit: May 22, 2016, 03:55:55 AM by bitbaby
 #24

Edit:

Rule applied in the above spreadsheet for profit = total investment- return, which as you can see is not worth the profit it brings, plus the investment is huge since you're 3xing after every bet.

After having 5 consequent losses, which can happen, you'll be down 1.21 BTC and to win it back with the same method, you'd have to make the next bet worth 2.43 BTC to win back what you lost + 0.005 BTC. The 0.005 BTC is the maximum win per bet, if you start with 0.01 and it remains the same throughout. You'd have to be nuts to try this.

avvank (OP)
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May 22, 2016, 03:39:34 AM
 #25

Follow your filling and follow market prediction, dont forget to study about the game you will bet on it. To simple, just follow my bet.

Result of ** Sporting Kansas City - Real Salt Lake  (Total Goals Over/Under = Over 2.5) odds 1.85 in 10mBTC ** WIN Profit 8.5mBTC
Bankroll 318mBTC (from 300mBTC)

Next bet is ** Qianhui Tang - Ying Zhang  (To Win Match = Qianhui Tang) odds 1.55 in 10mBTC **
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May 22, 2016, 03:41:43 AM
 #26

Edit:..



What happened? There was a chart showing the martingale bets just 3 minutes ago. Edit: It's back now.


Also OP, I wouldn't recommend you martingale in sportbooks. 10+ loss streaks are rare, but they sometimes happen and you'll go bust. And that's if you even have that much bank to last that long.
bitbaby
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May 22, 2016, 03:43:50 AM
 #27

Edit:..



What happened? There was a chart showing the martingale bets just 3 minutes ago. Also OP, I wouldn't recommend you martingale in sportbooks. 10+ loss streaks are rare, but they sometimes happen and you'll go bust.
Re-did the calculations as the total investment column wasn't being calculated correctly and it turns out it requires too big of the investment to earn very little, totally not worth it imho.

avvank (OP)
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May 22, 2016, 03:55:27 AM
 #28

Edit: https://i.imgur.com/WS49qSv.png

Rule applied in the above spreadsheet for profit = total investment- return, which as you can see is not worth the profit it brings, plus the investment is huge since you're 3xing after every bet.

Sorry for my mistake and my bad english. i used 4x after every bet with odds 1.5. i will edit later in first page
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May 22, 2016, 03:58:25 AM
 #29

Edit: https://i.imgur.com/WS49qSv.png

Rule applied in the above spreadsheet for profit = total investment- return, which as you can see is not worth the profit it brings, plus the investment is huge since you're 3xing after every bet.

Sorry for my mistake and my bad english. i used 4x after every bet with odds 1.5. i will edit later in first page

Are you even looking at the total investment plus the profit it brings?? Its too RISKY.

Here you go, if you even 4x it, the profit turns to 0.01 but the risk with it increases as well. Roll Eyes


I don't know about you but I wouldn't invest that much money to win 0.01 BTC. Its ridiculous.

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May 22, 2016, 04:03:40 AM
 #30

Edit: https://i.imgur.com/WS49qSv.png

Rule applied in the above spreadsheet for profit = total investment- return, which as you can see is not worth the profit it brings, plus the investment is huge since you're 3xing after every bet.

Sorry for my mistake and my bad english. i used 4x after every bet with odds 1.5. i will edit later in first page

Are you even looking at the total investment plus the profit it brings?? Its too RISKY.

Here you go, if you even 4x it, the profit turns to 0.01 but the risk with it increases as well. Roll Eyes


I don't know about you but I wouldn't invest that much money to win 0.01 BTC. Its ridiculous.
in the long run martingale will burn everything but choosing tennis game and review those previous plays that has been made by the player you are betting with I think it was fun too follow risky but possible to earn if using some strategy and looking for some edge.

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crytoboost
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May 22, 2016, 05:56:04 AM
 #31

Using martingale in any format of gambling is always risky from my opinion and with soportsbook we must find secure option for betting because we know some events give us guaranteed win but pick option for betting is really tricky thing but i never use martingale in betting.
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May 22, 2016, 06:26:28 AM
 #32

Well i also use martingale for sports betting but only some bigger odds, i think odds under 2 are very risky for martingale because it required very big bankroll there or we have to get start with very low amount for betting there.
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May 22, 2016, 06:35:25 AM
 #33

Martingale wont work in the dice site, but u have a different opinion about martingale in sportbook, because in sportbook you have the chart and updated news to decide your bet, so i think martingale in sportbook can work


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May 22, 2016, 07:03:15 AM
 #34

I never thought Martingale method can be used in the game sportsbook, but if you do arbitration it very safe .
Martingale will never go well.

this method already exist in dice. you can adjust your odd to be 1.5x and use the same method. but if you calculate the probability, you will be still in the disadvantage.

Martingale in sports and martingale in dice game is totally different, in dice you dont have control of win , but in sports you can predict if you do analysis and research of game and teams.

I have tried this martingale and won some times, but what above user told about arbitration is correct, in sports going for martingale is better to go for arbitration, like if you are betting for over 2.5 on high odd then when the odd comes to low favrite that time you can take arbitration and in both situation you will be in profit, that is the benefit of sportsbook
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May 22, 2016, 07:49:58 AM
 #35

After 3 hours hard  play, Ying Zang win a match.

Result of ** Qianhui Tang - Ying Zhang  (To Win Match = Qianhui Tang) odds 1.55 in 10mBTC ** LOSE -10mBTC
Bankroll 308mBTC (from 300mBTC)

Next bet is ** Dragos Dima - Teodor-Dacian Craciun  (To Win Match= Dragos Dima) odds 1.55 in 40mBTC **
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May 22, 2016, 08:00:59 AM
 #36

I also think martingale can be used in sportsbook and it can worked there if we made good research about playing teams than we can find the better way to make some profit and can keep us into profitable way by betting on sports events.
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May 22, 2016, 08:16:07 AM
 #37

Idea and your spirit is very good. However, before you use it will be way better, you do research about the Martingale system, because so many have stuck in the system and most of them get less satisfying results.
avvank (OP)
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May 22, 2016, 10:03:51 AM
Last edit: May 22, 2016, 10:15:01 AM by avvank
 #38

Result of ** Dragos Dima - Teodor-Dacian Craciun  (To Win Match= Dragos Dima) odds 1.55 in 40mBTC ** WIN profit 20mBTC
Bankroll 328mBTC (from 300mBTC)

Next bet is **  Cagla Buyukakcay - Aliaksandra Sasnovich  (To Win Match= Cagla Buyukakcay) odds 1.5 in 10mBTC **
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May 22, 2016, 10:27:34 AM
 #39

I never thought Martingale method can be used in the game sportsbook, but if you do arbitration it very safe .
Martingale will never go well.

this method already exist in dice. you can adjust your odd to be 1.5x and use the same method. but if you calculate the probability, you will be still in the disadvantage.

I already know the Martingale method and I've often used it in dice, but I'm wondering is how to use the Martingale method on Sportbooks?

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May 22, 2016, 10:29:48 AM
 #40

good luck in your journey , I won't repeat what others have said but I want you to remember the terrible run that Barcelona had in the last month
no one expected that Barcelona will lose and draw in many matches in a row , but that happened
so you should know that bad things and unexpected things happen a lot in sports , and this may kill your total 300 mbtc while you are trying just to win a small amount
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