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Author Topic: My Bitcoin Dice Strategy also known as Martingale vs Your Bitcoin Dice Strategy?  (Read 1399 times)
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September 17, 2016, 01:36:14 PM
 #21

How this could be possible to make with just 0.01 BTC and when OP is giving advice to use martingale, I don't think this would be wise decision to get start there with strategy when we have low amount in bankroll, but with more bigger amount nobody can survive when he got on losing streak, so that I will avoid this and not sure this could be make some profit in long run.
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September 17, 2016, 05:33:13 PM
 #22

I want to share my bitcoin dice strategy. You need 0.01 btc, Bet Chance 50% to 55%. Try to bet (Your 1st bet) 0.0001 btc, If lose bet 0.0002, if lose again 0.0004 if lose again 0.0008, if lose again 0.0016, if lose again 0.0032 btc. Once you win back your bet to 0.0001 btc. Slowly but surely. Hope this strategy helps.  


Once you get 6 loses streak (most likely it will be so easy to get 6loses streak) and you will not able to continue your strategy. Actually you are risking 0.01 just for 0.0001btc. Anyway good luck if you want to use this strategy on dice game, but I advise you to stop or even cancel your plan to do it.

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September 17, 2016, 05:37:56 PM
 #23

I want to share my bitcoin dice strategy. You need 0.01 btc, Bet Chance 50% to 55%. Try to bet (Your 1st bet) 0.0001 btc, If lose bet 0.0002, if lose again 0.0004 if lose again 0.0008, if lose again 0.0016, if lose again 0.0032 btc. Once you win back your bet to 0.0001 btc. Slowly but surely. Hope this strategy helps.  

Even starting bet is 0.0001 btc you may lost all 0.01 btc trying this as everytime bet size doubles so if you loss many times in row which is possible in dice games even with 50% win chance. I have tried running autoplay on dice with martingale overnight but lost all i have in morning. I don't think martingale always works as we think.

 
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September 17, 2016, 05:48:22 PM
 #24

Since I'm suck on martiangle, I change my method into low chance of winning but provide massive multiplier.
For example : I'm bet 1000 satoshi with 0.01 % and I'm ever hit 0.09 profit with 1000 satoshi bet !
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September 17, 2016, 05:51:06 PM
 #25

I want to share my bitcoin dice strategy. You need 0.01 btc, Bet Chance 50% to 55%. Try to bet (Your 1st bet) 0.0001 btc, If lose bet 0.0002, if lose again 0.0004 if lose again 0.0008, if lose again 0.0016, if lose again 0.0032 btc. Once you win back your bet to 0.0001 btc. Slowly but surely. Hope this strategy helps.  

Everyone knows this strategy and it doesn't works out unless you have huge bankroll, if your bankroll can manage 30+ losses in a row then you might have a chance to succeed.
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September 17, 2016, 05:57:53 PM
 #26

I want to share my bitcoin dice strategy. You need 0.01 btc, Bet Chance 50% to 55%. Try to bet (Your 1st bet) 0.0001 btc, If lose bet 0.0002, if lose again 0.0004 if lose again 0.0008, if lose again 0.0016, if lose again 0.0032 btc. Once you win back your bet to 0.0001 btc. Slowly but surely. Hope this strategy helps.  


OP that's a classic style and most of the people here already knows that strategy. If that strategy is effective in dice game then why you can't see such post here about bragging that strategy. Yes you can make a profit out of that strategy but it doesn't mean it can take for a long term.

Clearly it's a beginners luck. Smiley

I have the same feeling back when I reached BTC0.1 out of BTC0.1 in Yobit's dice which is far have most high edge compare to those famous dice site today. I think also back then that earning btc is just a piece of candy because of that martingale strategy.

But you know martingale is effective in sports betting. No way you can lose more than 5 or 10 streak in sports betting unless you are really an unlucky person and gambling isn't really appropriate to you.

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September 17, 2016, 09:54:47 PM
 #27

But you know martingale is effective in sports betting. No way you can lose more than 5 or 10 streak in sports betting unless you are really an unlucky person and gambling isn't really appropriate to you.
The problem with trying to martingale in sports betting is that you don't get consistent odds, they always vary and sometimes don't reflect the true odds anyway... so just doubling your bet isn't going to help. You either have to risk a lot more money or take riskier bets to cover your losses... both of which increase your chances of failure.

The best thing is just don't get greedy... be willing to take modest profits rather than going for the big score.


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September 18, 2016, 02:11:57 AM
 #28

I want to share my bitcoin dice strategy. You need 0.01 btc, Bet Chance 50% to 55%. Try to bet (Your 1st bet) 0.0001 btc, If lose bet 0.0002, if lose again 0.0004 if lose again 0.0008, if lose again 0.0016, if lose again 0.0032 btc. Once you win back your bet to 0.0001 btc. Slowly but surely. Hope this strategy helps.   

Everyone knows this strategy and it doesn't works out unless you have huge bankroll, if your bankroll can manage 30+ losses in a row then you might have a chance to succeed.

Still, there is no guaranty that one will not get more than 30 losses in a row because if you're not lucky than you may get even more losses in a row so this game totally depends on only luck and no strategy will work in the long run. If that is true then everyone will borrow big money and make profit from these gambling sites.
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September 18, 2016, 05:34:18 AM
 #29

I want to share my bitcoin dice strategy. You need 0.01 btc, Bet Chance 50% to 55%. Try to bet (Your 1st bet) 0.0001 btc, If lose bet 0.0002, if lose again 0.0004 if lose again 0.0008, if lose again 0.0016, if lose again 0.0032 btc. Once you win back your bet to 0.0001 btc. Slowly but surely. Hope this strategy helps.  

Everyone knows this strategy and it doesn't works out unless you have huge bankroll, if your bankroll can manage 30+ losses in a row then you might have a chance to succeed.

Depends on the starting bet amount and how much the max win on one bet at the site you play. Have huge bankroll to do martingale should start with so small bet amount, otherwise you will reach the max win cap when you get so long losses streak.
It is not worth to try because bet small amount with huge bankroll is insane.
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September 18, 2016, 05:54:52 AM
 #30

I guess this strategy won't work most of the time. I already tried this one but the results are always not good on my part so i just realize to quit this dice game because for me any method would not work tho
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September 18, 2016, 06:56:16 AM
 #31

I want to share my bitcoin dice strategy. You need 0.01 btc, Bet Chance 50% to 55%. Try to bet (Your 1st bet) 0.0001 btc, If lose bet 0.0002, if lose again 0.0004 if lose again 0.0008, if lose again 0.0016, if lose again 0.0032 btc. Once you win back your bet to 0.0001 btc. Slowly but surely. Hope this strategy helps.   

what if we never win ? it is possible in gambling that sometimes you divide your bits and bet more and more but everytime you may get unlucky. also, this is not a strategy. i think that every gambler in their positive mind plays in the same way in dice games. btw, you cannot have a good strategy in dice games unless you are a cheater ofcourse.

I want to bring back those questions to you, What if you never Lost? Hahaha, Just try this strategy and come back here and tell me what happens on my Strategy Cheesy This strategy not only in bitcoin dice, but also in all kind of gambling games. This is Bet Strategy Cheesy

I'm not a betting man myself, but that just sounds like the description of martingale... A strategy that has been used, and discussed on this forum for many, many times Smiley

You can use the search function and see what others have to say about it.... Some really like it, others say it's not that good.

Done researching what you talking about and found it great definition; It looks like the same with my strategy. Thank You for letting me know what "Martingale" (betting system) . Cheers.

Source https://en.wikipedia.org/wiki/Martingale_(betting_system)


it is the same and with a difference and with a big thing that you are forgetting.

the difference is that dice is not coin toss to have only two results (heads or tails) there are so many possible results ranging from 0.00 to 99.99 and some places they even have more possibilities.

and what you are forgetting and it think it is because of your lack of experience in using this strategy is that you are not managing your bankroll properly.
with 50% chance you can see a losing streak of 20 to 30+ which will burn away your bankroll in a second. so you either have to decrease your starting bet or increase your bankroll a lot more than this.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 19, 2016, 03:11:55 AM
 #32

I want to share my bitcoin dice strategy. You need 0.01 btc, Bet Chance 50% to 55%. Try to bet (Your 1st bet) 0.0001 btc, If lose bet 0.0002, if lose again 0.0004 if lose again 0.0008, if lose again 0.0016, if lose again 0.0032 btc. Once you win back your bet to 0.0001 btc. Slowly but surely. Hope this strategy helps.  

im going to try this strategy where thanks for sharing this i want to try my luck in here but if this don't work for me im going to create a new strategy of my own if this really helps and im win i will never play on that site again is just win and run anyways thanks for sharing
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September 19, 2016, 03:23:57 AM
 #33

same for you my strategi play gambling game site
in dice iam use martiangle
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September 19, 2016, 04:54:26 AM
 #34

I want to share my bitcoin dice strategy. You need 0.01 btc, Bet Chance 50% to 55%. Try to bet (Your 1st bet) 0.0001 btc, If lose bet 0.0002, if lose again 0.0004 if lose again 0.0008, if lose again 0.0016, if lose again 0.0032 btc. Once you win back your bet to 0.0001 btc. Slowly but surely. Hope this strategy helps.   

im going to try this strategy where thanks for sharing this i want to try my luck in here but if this don't work for me im going to create a new strategy of my own if this really helps and im win i will never play on that site again is just win and run anyways thanks for sharing
This method I already I tried, it's my old way. Start with small amount and don't increase your bet while you are in winning and double your coins when you lose your bet. This is a good strategy, but it will take a long time to make a profit. For me, it works but not made a big profit, and it's too boring to play with a small amount. So I stopped this method.
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September 19, 2016, 07:20:31 AM
 #35

I want to share my bitcoin dice strategy. You need 0.01 btc, Bet Chance 50% to 55%. Try to bet (Your 1st bet) 0.0001 btc, If lose bet 0.0002, if lose again 0.0004 if lose again 0.0008, if lose again 0.0016, if lose again 0.0032 btc. Once you win back your bet to 0.0001 btc. Slowly but surely. Hope this strategy helps.   

im going to try this strategy where thanks for sharing this i want to try my luck in here but if this don't work for me im going to create a new strategy of my own if this really helps and im win i will never play on that site again is just win and run anyways thanks for sharing
This method I already I tried, it's my old way. Start with small amount and don't increase your bet while you are in winning and double your coins when you lose your bet. This is a good strategy, but it will take a long time to make a profit. For me, it works but not made a big profit, and it's too boring to play with a small amount. So I stopped this method.
i just lose using this strategy as i miscalculate my bets and the dice hit me 9 straight losing streak cant rely on anything mate but if you are just playing for fun this one can work for you for a short period of time,. good luck
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September 21, 2016, 11:41:08 PM
 #36

As long as there is house edge, you will lose in the long run.

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October 01, 2016, 09:49:09 PM
 #37

You can't win using martingale because there's a limit on maximum allowed win per one bet, usually it's 1-3 BTC. This means you will not be able to cover your loses after big streak just because of this limit.
In case there was no limit, you would need a significantly bigger bankroll than the one of casino in order to cover all your loses and gain sure profit from gambling.
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October 02, 2016, 12:12:54 PM
 #38

I want to share my bitcoin dice strategy. You need 0.01 btc, Bet Chance 50% to 55%. Try to bet (Your 1st bet) 0.0001 btc, If lose bet 0.0002, if lose again 0.0004 if lose again 0.0008, if lose again 0.0016, if lose again 0.0032 btc. Once you win back your bet to 0.0001 btc. Slowly but surely. Hope this strategy helps.  

Well i know you're stategy and it doesn't always work on me. I don't have a strategy on gambling 'cause i do random bets at random amount of money. and i don't care if i lose or not since i know that i'm the one who played it and not a bot or someone else.

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bithasher
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October 03, 2016, 08:08:29 AM
 #39

It has been discussed more than hundreds time that many people have reached to conclusion that martingale is not working neither for everyone nor anymore. I don't say it is totally useless but you can not use it to make much money as you mentioned in opening post. I will say best way to deal with dice is random bets.
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October 03, 2016, 11:17:04 AM
 #40

the martingale technique only good in theory, in real gambling martingale is not working and 0.01 bankroll is a small amount for using martingale, but no matter how much your bankroll is martingale will never work, so you better find another strategy to play or dont bother about the strategy and just play with you heart for fun


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