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Author Topic: How much time to 30 losses on a roll  (Read 1846 times)
carlfebz2
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November 21, 2016, 05:08:23 PM
 #81

Losing 30 coinflips in a row is not 1 to a million,it is one to a much more bigger number.
Even if you will gamble your whole life, 24/7, and you will keep flipping the coin all over the day,I dont believe that you will ever hit the 30 losing streak or even hit the 25.

If it happend to you on a site,you are either the unluckiest person on earth,or the site is rigged.

2^10 is 1024, and lets us round it off to 1000. So 2^30 is about 1000^3 = roughly about 1billion. If you save that $1 for 1billion times, you can become one of the richest person in the world.
Everything can happen and we have our own luck, but to have 30 losing streak is like losing your whole amount of savings if you are really into it and you will not accept the defeat, unless you are just gambling a little satoshis.

I would only use martingale in sports betting if given a chance to use it because I feel to have more chance compared to dice.
And actually I have never seen anyone loosing huge number of bets on 50% and neither have I seen anyone posting any thread here about this. I think the only way this is possible is if you are betting on autoplay at very high speed almost like 100 bets per second and then playing it for weeks.
If you do play dice on 50% chance then 30x losing streak is unbelievable already because the longest streak I did know from my friend is only 20x, if you do suffer such streaks then you are the most  unlucky guys and for sure most people who will experience this  are those  who  have huge amounts  on their bankroll. If you  set  on high multiplier then 30x lose is a piece of cake.

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November 21, 2016, 05:35:08 PM
 #82

Losing 30 coinflips in a row is not 1 to a million,it is one to a much more bigger number.
Even if you will gamble your whole life, 24/7, and you will keep flipping the coin all over the day,I dont believe that you will ever hit the 30 losing streak or even hit the 25.

If it happend to you on a site,you are either the unluckiest person on earth,or the site is rigged.

2^10 is 1024, and lets us round it off to 1000. So 2^30 is about 1000^3 = roughly about 1billion. If you save that $1 for 1billion times, you can become one of the richest person in the world.
Everything can happen and we have our own luck, but to have 30 losing streak is like losing your whole amount of savings if you are really into it and you will not accept the defeat, unless you are just gambling a little satoshis.

I would only use martingale in sports betting if given a chance to use it because I feel to have more chance compared to dice.

No need to use martingale in sport betting. The odd is changes so it is not practical to give a much bigger bet just to cover your losses. Instead, you should focus on how to rise your chance of winning so that you can constantly win and have a flow of income.

You could still do martingale simply based on odds instead of looking for a team you want to bet on.

If you simply take a 1.4 odds bet size and seek out those regardless of who or what you are betting on, you can successfully run martingale in sportsbetting I guess. Maybe it will actually even make a profit because a long losing streak at 1.4 odds in sports betting is not very common.
Odds on sports are much less as compared to simple dice game, you see if both teams have same chances to win a match then the sportsbook will offer around 1.85 on each team which means around 15% house edge so I prefer dice for martingale and sports for parlays. Martingale works fine for me when I manually doing dices and parlays also always good to go with.
goldcoinminer
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November 22, 2016, 01:13:20 PM
 #83

Losing 30 coinflips in a row is not 1 to a million,it is one to a much more bigger number.
Even if you will gamble your whole life, 24/7, and you will keep flipping the coin all over the day,I dont believe that you will ever hit the 30 losing streak or even hit the 25.

If it happend to you on a site,you are either the unluckiest person on earth,or the site is rigged.

2^10 is 1024, and lets us round it off to 1000. So 2^30 is about 1000^3 = roughly about 1billion. If you save that $1 for 1billion times, you can become one of the richest person in the world.
Everything can happen and we have our own luck, but to have 30 losing streak is like losing your whole amount of savings if you are really into it and you will not accept the defeat, unless you are just gambling a little satoshis.

I would only use martingale in sports betting if given a chance to use it because I feel to have more chance compared to dice.

No need to use martingale in sport betting. The odd is changes so it is not practical to give a much bigger bet just to cover your losses. Instead, you should focus on how to rise your chance of winning so that you can constantly win and have a flow of income.

You could still do martingale simply based on odds instead of looking for a team you want to bet on.

If you simply take a 1.4 odds bet size and seek out those regardless of who or what you are betting on, you can successfully run martingale in sportsbetting I guess. Maybe it will actually even make a profit because a long losing streak at 1.4 odds in sports betting is not very common.
Odds on sports are much less as compared to simple dice game, you see if both teams have same chances to win a match then the sportsbook will offer around 1.85 on each team which means around 15% house edge so I prefer dice for martingale and sports for parlays. Martingale works fine for me when I manually doing dices and parlays also always good to go with.
Depends on the gambling sites, but most popular gambling sites has a competitive odds like 1.90 or (-110) in american odds. But nevertheless we have an option to increase the odds so it's still lower compared to house edge in dice.
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November 23, 2016, 10:40:03 AM
 #84

No need to use martingale in sport betting. The odd is changes so it is not practical to give a much bigger bet just to cover your losses. Instead, you should focus on how to rise your chance of winning so that you can constantly win and have a flow of income.
But at the same time if someone is doing martingale on sports betting then even getting 10 losses is very difficult because we may predict one game wrongly and predicting 10 games wrongly is highly impossible and then think about 30 odd games ! I just wonder, why not go martingale in sport betting !!
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