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Author Topic: Martingale Basketball Betting System  (Read 5069 times)
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February 14, 2017, 06:28:20 AM
 #101

Martingale works in sports betting and  i think you can also use the analysis of plays of every team. since its a baskeball game you can easily know who can be win.. just watching their previous games..
And i think increasing your percentage into 150% increase of your bet if you lose you can be still make a good profit in sports betting.. and i think better to add your list of winning in the op so that we know what are the actual history of your bets..
It will work but the big factor is on how you select a winning team. Martingale will give you a good return only if you have a decent amount of bankroll and you are contented with small winnings, if you can manage you to break a long losing streak like 10 cold streak all the time then I would say it could accumulate you a great amount of money overtime. You will beat what people say that we lose in the long run.

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February 14, 2017, 12:52:20 PM
 #102

I dont think martingale can applied in sport betting/basketball match, how we can bet martingale due handicap in every some minutes always changed.

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February 14, 2017, 01:02:24 PM
 #103

Seeing on the chart i think this is just really a waste of time because its already consuming too much time and the progress still slow even it gives a small positive results. Try it out to bet on a short period of time and this strategy might works but well $100 bank roll isnt big enough in my opinion.



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February 14, 2017, 09:29:07 PM
 #104

Charlotte Hornets - Philadelphia 76ers  99 : 105

Assets: 91$

chart is coming soon.


     
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February 14, 2017, 09:29:37 PM
 #105



Chicago Bulls - Toronto Raptors

Toronto Raptors        - 5.50

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Now everything i have to win is critical


     
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February 14, 2017, 11:50:07 PM
 #106

What are those chart mean? is it a chart where you are betting and the high fluctuate is a bet when you are lost in the previous bet and if you win you  will bet again for the normal bet?
I hope that you can also add a list of your bet and modify the first page so that we can see all of your bet is lose or win..

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February 15, 2017, 02:43:37 AM
 #107

What are those chart mean? is it a chart where you are betting and the high fluctuate is a bet when you are lost in the previous bet and if you win you  will bet again for the normal bet?
I hope that you can also add a list of your bet and modify the first page so that we can see all of your bet is lose or win..
That should be the amount of bankroll which is equivalent to $100. The way I read the graph, he is not in profit as of the last update but not down so big. I guess this method will be good in the long run, as overtime if the OP is making a good analysis on the team, he will likely to win.

Once, I see this is going to be successful, maybe I will try this also for long term sports betting.

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February 15, 2017, 05:27:12 AM
 #108

What are those chart mean? is it a chart where you are betting and the high fluctuate is a bet when you are lost in the previous bet and if you win you  will bet again for the normal bet?
I hope that you can also add a list of your bet and modify the first page so that we can see all of your bet is lose or win..
That should be the amount of bankroll which is equivalent to $100. The way I read the graph, he is not in profit as of the last update but not down so big. I guess this method will be good in the long run, as overtime if the OP is making a good analysis on the team, he will likely to win.

Once, I see this is going to be successful, maybe I will try this also for long term sports betting.

It will not be good in the long run.

When he wins 8 in a row, he will win like 8 bucks, when he loses 8 in a row, he will lose all his money. Just like every other person that has done this stupid system.

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February 15, 2017, 05:30:31 AM
 #109

Martingale is really really popular with dice games and I think it will not be a good strategy in Sports Betting. In dice games you will know the results every after-clicks and that is really fast. In sports game you first watch the game and then bet again after that and i think thay is a long process.
It is, dice is a different game compared to sports betting, in dice, the previous result will not be the bases for the next result as it is literally base on random basis. There are some people who have a great success in sports betting, that is because they can predict games with the information they analyze, and with that, it will be more effective if you use martingale method.

Your explanation for why it will work doesn't actually make sense.

When you use the martingale system, you bet more when you are on a losing streak to make up what you have lost before.

Competent sports bettors bet more when they are more sure of winning a bet. If you really feel strongly about a game tomorrow, why should today's result cause you to bet more or less on that game?

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February 15, 2017, 05:40:57 AM
 #110

I think the martingale system could not be applied in sportsbetting I've tried and I am confused what to do if I'm using the martingale system on one game then not produce profits if I'm using it on a different game then it is not a martingale system, better use this system on a dice gambling

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February 15, 2017, 02:14:45 PM
 #111

I think the martingale system could not be applied in sportsbetting I've tried and I am confused what to do if I'm using the martingale system on one game then not produce profits if I'm using it on a different game then it is not a martingale system, better use this system on a dice gambling

martingale does not work on bets with a negative expected value.

All bets on a dice site have a negative expected value, so it won't work there.

If you think it will work on sport betting, your sports bets have a negative expected value, so it won't work there.

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February 15, 2017, 02:18:26 PM
 #112

I am a regular gambler of basketball games and occasionally there will be a time where all basketball games somehow ended up in under points. It is dangerous to martingale in a sports game without any system. I have seen basketball teams undergoing streaks that can last up to 10 games. By then, you would have busted your capital.

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shintosai
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February 15, 2017, 03:51:27 PM
 #113

I am a regular gambler of basketball games and occasionally there will be a time where all basketball games somehow ended up in under points. It is dangerous to martingale in a sports game without any system. I have seen basketball teams undergoing streaks that can last up to 10 games. By then, you would have busted your capital.

and also even that team coming from losing streak will win the value of odd is not the same or can manage to recover loses unless you place a huge amount in order to win a little more or winning back such loses, just watching how the OP can survive this journey.

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February 15, 2017, 05:56:50 PM
 #114

I doubt that would work, To martingale and double the stake whatever the result is an effective strategy if you go on spread with double each time, but for it to be long-lasting you would require a huge bankroll to do 50-100 bets without busting, and in that case the profit would be too small, not to mention the house edge is high in sport betting.
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February 15, 2017, 07:48:07 PM
 #115

Chicago Bulls - Toronto Raptors 105 : 94

Assets: 75$

chart is coming soon.


     
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February 15, 2017, 07:51:22 PM
 #116



Cleveland Cavaliers - Indiana Pacers

Cleveland Cavaliers        - 3.50

Odd:2.00

bet.16$




The end of the road looks like friends.  Smiley Smiley


     
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February 15, 2017, 07:51:36 PM
 #117

I doubt that would work, To martingale and double the stake whatever the result is an effective strategy if you go on spread with double each time, but for it to be long-lasting you would require a huge bankroll to do 50-100 bets without busting, and in that case the profit would be too small, not to mention the house edge is high in sport betting.

My aim is to give 25% profit, to find the reason for my losses, to find 2 odds, i will 1 bitcoin convert to 1.25 bitcoin, if system worked.


     
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February 16, 2017, 02:48:33 AM
 #118

Please stop before you lose $100, or 1 btc, or whatever you are actually betting.

Basic math says this is a bad idea. If you are good at sports betting, just adjust your bets appropriately based on your confidence. If you are bad, it will take you a lot longer to lose $100 with $1 bets than with martingale.

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February 16, 2017, 06:02:07 AM
 #119

Please stop before you lose $100, or 1 btc, or whatever you are actually betting.

Basic math says this is a bad idea. If you are good at sports betting, just adjust your bets appropriately based on your confidence. If you are bad, it will take you a lot longer to lose $100 with $1 bets than with martingale.
It's just an experiment, probably $100 is something that he can afford to lose, sports betting is a good place to martingale because games are predictable and as you go along you learn new technique based on your experience. I am actually watching this thread and I support what OP is doing.

He is sharing his experience at his expense, but I think he can recover and be able to get to his goal.

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February 16, 2017, 12:05:59 PM
 #120

Please stop before you lose $100, or 1 btc, or whatever you are actually betting.

Basic math says this is a bad idea. If you are good at sports betting, just adjust your bets appropriately based on your confidence. If you are bad, it will take you a lot longer to lose $100 with $1 bets than with martingale.
It's just an experiment, probably $100 is something that he can afford to lose, sports betting is a good place to martingale because games are predictable and as you go along you learn new technique based on your experience. I am actually watching this thread and I support what OP is doing.

He is sharing his experience at his expense, but I think he can recover and be able to get to his goal.

Sports betting is a terrible place for martingale because it doesn't let you take advantage of bad lines, which is how you make money in all betting.

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