Just another example of Martingale lose

[lorylore]

Ouch, really sad to see someone losing 3+ bitcoin while trying to win 0.1 BTC (assuming that was his base bet). He should have just done a 3 BTC bet on a 1.04 multiplier, as it is faster and safer. Hopefully he could afford the logs and just wanted to have some fun, but it easily could have been someone who was dumb enough to think it would actually work. At least he made Stunna happy.

That would be more risky IMO. Your betting big amount in exchange for small amount. Would be better if he bet on a higher multiplier like 2.5x or 3x with big amount.

Actually, no matter what method you use, the probability is less than 50%. You will end up losing in the long run even if you change your multiplier. So it is always advice not to play with martingale cause you will end up losing very big.

[BitcoinPC]

Ouch, really sad to see someone losing 3+ bitcoin while trying to win 0.1 BTC (assuming that was his base bet). He should have just done a 3 BTC bet on a 1.04 multiplier, as it is faster and safer. Hopefully he could afford the logs and just wanted to have some fun, but it easily could have been someone who was dumb enough to think it would actually work. At least he made Stunna happy.

That would be more risky IMO. Your betting big amount in exchange for small amount. Would be better if he bet on a higher multiplier like 2.5x or 3x with big amount.

Actually, no matter what method you use, the probability is less than 50%. You will end up losing in the long run even if you change your multiplier. So it is always advice not to play with martingale cause you will end up losing very big.

Most people say that martingale strategy is the only way to have a winning. But i think it should be played with small amount of bitcoins. Its always risky no matter what plan you use. Sorry for the OP losing some great amount of the coins

[hermanhs09]

Don't know who this guy is but he lost over 3.8 BTC within a minute playing dice with martingale strategy. One of the largest lose I have encountered.

Wow, RIP that guy. The thing with martingale is that it tempts you to go double or nothing, until you can't do it anymore. Sometimes you do the logical thing and stop when it's going out of control. Next bet, you hit a green.

And then you go full on retard. Bet max is probably the thing I do most.

[Barcode_]

Martingale doesn't really guarantee a 100% win for dice, Luck matters a lot in gambling

[adaseb]

This actually happens all the time. I have seen people betting like 0.00000100 sats on martingale and they end up losing like 2-3 BTC because they hit huge losing streaks. Its very dangerous.

[reuschman]

Martingale doesn't really guarantee a 100% win for dice, Luck matters a lot in gambling

Luck? also MATH! Because it's so statically impossible win against the house

[shanem]

It is not very rare to have such losing streak with 50% winning change. When I use dust from faucet to roll dice at minimum bet, it would take less than 100 rolls to get a lose streak of 6 times. I don't have faith in using martingale anymore.

[JasonXG]

Don't know who this guy is but he lost over 3.8 BTC within a minute playing dice with martingale strategy. One of the largest lose I have encountered.

The saddest part is he lost it all trying to make a measly 0.10 . lost everything just to gain a small 2% or so. Silly.

[elyas772]

too greedy start of 0.1BTC, and it seems he did not take into account the capital. perhaps it would be better if it started from 0.01BTC

[Falconer]

This actually happens all the time. I have seen people betting like 0.00000100 sats on martingale and they end up losing like 2-3 BTC because they hit huge losing streaks. Its very dangerous.

With that amount of his bet and how much he lose, then I guess the problem is he took high multiplier, maybe over 2.0, so thats why he hit big losing streaks. Like I said before, martingale isnt suitable for bet on high multiplier and those who dont have enough balance to cover it.

[RoommateAgreement]

martingale method is always a terrible method of gambling in dice games. there are a lot of ifs and buts in it when you want to win, which is why we will always end up losing in the end.

for example a big if in martingale is that if you have a very huge bankroll you can have chance of being sure you never lose which is also impossible.

[mindrust]

Yeah that's the example why martigale is a useless strategy. People are warning gamblers about the martingale but every noob out there approaces to martingale like they invented it and nobody have never thought about it before.

Martingale is a poison.

Btw there are no strategies when it comes to dice games. No skills required= No strategies.

[crairezx20]

Yeah that's the example why martigale is a useless strategy. People are warning gamblers about the martingale but every noob out there approaces to martingale like they invented it and nobody have never thought about it before.

Martingale is a poison.

Btw there are no strategies when it comes to dice games. No skills required= No strategies.

Over martingale is not poison and i think this methods works in other gamblers and also this method works in other game not only dice game can use this strategy.. we know its always depends in luck not in strategy but martingale works for me not in online gambling casiono but its working to me in color game..

[Bitinity]

This actually happens all the time. I have seen people betting like 0.00000100 sats on martingale and they end up losing like 2-3 BTC because they hit huge losing streaks. Its very dangerous.

With that amount of his bet and how much he lose, then I guess the problem is he took high multiplier, maybe over 2.0, so thats why he hit big losing streaks. Like I said before, martingale isnt suitable for bet on high multiplier and those who dont have enough balance to cover it.

No matter how much is the multiplier, martingale is still martingale that may give you such losing streaks. With that amount above, someone may lose 3btc in 26 losing streaks with 2x multiplier and 100% increase on lose.
The same if you choose lower multiplier, because when someone choose low multiplier and do martingale he will increase more than 100% on lose.
Overall, martingale is not suitable for any multipliers if you ask me.

[pocarime32]

Don't know who this guy is but he lost over 3.8 BTC within a minute playing dice with martingale strategy. One of the largest lose I have encountered.

Oh my, it's so pain looking that image. Martingale strategy and provably fair are worst, 50% chance to win y got losing streak 6 times. I'm so sorry to him, it must be very sucks.

[DarkThrones]

That's only a 6 bet loss streak lol. You can run into twice amounts of that pretty often. Imagine a 12 loss streak. I've hit 20 or so multiple times before. Martingale is not your friend.

[Barbut]

Don't know who this guy is but he lost over 3.8 BTC within a minute playing dice with martingale strategy. One of the largest lose I have encountered.

6 reds on x 2. Seems so ordinary, I had 20 and more in some cases on that bet. So I`m not surprised at all with this loss. And what is most funny here even if he won on his 6th bet, how much would he won? Nothing, so question is how much he risk and how much he can gain from that risk?
Dices are good game when you chase big payouts, x 2 is just a trick. I lost to many times like that on dices, cause of that I stopped playing dices and now from time to time I chase some big payouts with small amounts. If it comes it comes, if not who cares.
What else to say, people be careful when you play dices. And martingale is just one stupid strategy, better find something else.

[Falconer]

This actually happens all the time. I have seen people betting like 0.00000100 sats on martingale and they end up losing like 2-3 BTC because they hit huge losing streaks. Its very dangerous.

With that amount of his bet and how much he lose, then I guess the problem is he took high multiplier, maybe over 2.0, so thats why he hit big losing streaks. Like I said before, martingale isnt suitable for bet on high multiplier and those who dont have enough balance to cover it.

No matter how much is the multiplier, martingale is still martingale that may give you such losing streaks. With that amount above, someone may lose 3btc in 26 losing streaks with 2x multiplier and 100% increase on lose.
The same if you choose lower multiplier, because when someone choose low multiplier and do martingale he will increase more than 100% on lose.
Overall, martingale is not suitable for any multipliers if you ask me.

Sorry I want to correct my post, 2x multiplier is still safe for martingale, I haven't seen many losing streaks over than 10 in a row, so with .000001BTC, if you lose 10times in a row, you still lost at least 1mBTC. Then I realized that guy who lost 2-3BTC made multiplier higher than 10.

[Semidetached]

Don't know who this guy is but he lost over 3.8 BTC within a minute playing dice with martingale strategy. One of the largest lose I have encountered.

6 reds on x 2. Seems so ordinary, I had 20 and more in some cases on that bet. So I`m not surprised at all with this loss. And what is most funny here even if he won on his 6th bet, how much would he won? Nothing, so question is how much he risk and how much he can gain from that risk?
Dices are good game when you chase big payouts, x 2 is just a trick. I lost to many times like that on dices, cause of that I stopped playing dices and now from time to time I chase some big payouts with small amounts. If it comes it comes, if not who cares.
What else to say, people be careful when you play dices. And martingale is just one stupid strategy, better find something else.

He would have won about half of his overall losses back. Looks like another guy who became a victim to putting good money in after bad. RIP in pieces his bitcoin wallet.

[marlboroza]

Don't know who this guy is but he lost over 3.8 BTC within a minute playing dice with martingale strategy. One of the largest lose I have encountered.

I always say - don't play marginal! And this guy is perfect example of my words!
Gambling with 2500$ to get only 65$, and I am asking you is 65$ worth of losing all?