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hd49728
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June 19, 2019, 11:58:38 PM
 #3201

Losing 50 times in a row is too crazy, but i never heard someone did that on 49.95% winning chance, did you ever calculate how much bankroll you must have to be able to survive if you lose 50 times in a row with martingale strategy?
I ever heard someone lose 28 times in a row at 49.95% winning chance as the highest number from my experience.
Such in-a-row loses will easily turn gamblers emotion into very very negative mood, and they might easily to lose control of their bets. Consequently, greedy gambling orders will be fastly set. It is not only about number of bets set, but also about number of money they set for each bet (when they go into mad). Such things, together, cause another wave of fastly loses. Gambling is a game of luck, so if someday or someweek we are out of luck, we should stop gamble for a while, days, or weeks, before come back to gamble. Such cooling time will help us to rebalance both our physisal and psychologial conditions, that's good for next bets.


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June 20, 2019, 12:07:13 AM
 #3202

even if you lose and double in the end if you have deep enough pocket to recover you can lose 50 times in a row and just keep on betting with your huge bankroll,
Losing 50 times in a row is too crazy, but i never heard someone did that on 49.95% winning chance, did you ever calculate how much bankroll you must have to be able to survive if you lose 50 times in a row with martingale strategy?
I ever heard someone lose 28 times in a row at 49.95% winning chance as the highest number from my experience.



The odds for you to lose 28 in a row at 49.95% is 0.00000049% which yes, is really low but not impossible to happen.. actually even when the odds are 0.00000000% it is still not impossible when it comes to gambling lol
Anyways, in order to cover a 1 satoshi base bet, increasing it by 100% each red you will get you would still need about 350 BTC to cover 35 reds in a row.. but again, it would be a 1 satoshi base bet, increase 100% on loss and 35 reds in a row have a 0.00000000% to happen but it doesn't mean it will never happen

You can use Dice Sites Tools to do your own calc


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June 20, 2019, 03:20:44 AM
 #3203

~snip~
I knew that, that's why i tell him if there will be no one will do martingale even with 1 sat.
Oh and i'm not the guy who losses 28 in a rows, it's other guy. Mine was around 15 in a rows.


Gambling is a game of luck, so if someday or someweek we are out of luck, we should stop gamble for a while, days, or weeks, before come back to gamble. Such cooling time will help us to rebalance both our physisal and psychologial conditions, that's good for next bets.
That's why you should quit asap when you already get profit.


Hence its better to just do reverse margintale, where you only double your bet on a win. So if you get lucky and get like 15 wins in a row, you can win big with a small base bet. Most gamblers don't do this however.
I did this too, but it also got busted because my last bet goes higher then total of our winnings before. Let say you won 5 streak wins, your base bet 1 sat, so your total winning is 1+2+4+8+16 = 31 sats, when you lose at 6th bet, with betting at 32 sats, all of your winning before wiped out because of that only 1 lost.


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Symphonized
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June 20, 2019, 06:44:30 AM
 #3204

Remember to follow @EdMiroslav for race updates and special giveaways!
He is new to the whole twitter thing, so make him feel welcome! 🙋

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June 20, 2019, 07:28:25 AM
 #3205


I did this too, but it also got busted because my last bet goes higher then total of our winnings before. Let say you won 5 streak wins, your base bet 1 sat, so your total winning is 1+2+4+8+16 = 31 sats, when you lose at 6th bet, with betting at 32 sats, all of your winning before wiped out because of that only 1 lost.

That's why its called reverse martingale, because unlike betting 1 satoshi and when you lose you double it to 2 satoshi and if you win, you net 1 satoshi since the 2 satoshi bet made up for that previous loss and you also keep the other satoshi as profit.

So yes technically you will lose your base bet everytime you got a loss but your loss per bet is capped at your base bet, you will never lose more per bet than your base bet and this prevents you from betting your entire capital on one roll. So this way you will either lose a little or win alot. With the regular martigale its the other way around you either win a little or you lose alot.

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June 20, 2019, 09:34:24 AM
 #3206


Are race times random or they are announced? Can i see the past races leader boards somewhere?

Thanks
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June 20, 2019, 09:52:36 AM
 #3207


Are race times random or they are announced? Can i see the past races leader boards somewhere?

Thanks

I believe there is no fixed time for the races, so we can say it random. They are indeed announced on the VIP telegram channel, it is an advantage to those who are VIP players as they will be noticed about the race earlier (usually an hour before start). But most of the time, there will be some people (VIP member) share it on chat once they notice the announcement on the telegram channel.
I'm not sure if the races are announced somewhere else, but most of the races were started around 7PM (GMT+7) so far.
About past leaderboard, I don't think we cant find it on the site as well as on the forum. So there is no ways to see it unless there is someone from Stake who are willing to post it on the forum.

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June 20, 2019, 03:08:37 PM
Last edit: June 20, 2019, 09:57:09 PM by rdbase
 #3208

^^
Yes the races are done randomly but the main one is usually at gmt+7 as you mentioned.
There was one yesterday which was announced just minutes before it started so these ones I would guess are the mini ones since they are worth less in the prize pool given out to the top 30 winners.
They have started a new channel in telegram just for these race alerts so you will be notified when they are about to start.

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June 20, 2019, 09:44:22 PM
 #3209


Are race times random or they are announced? Can i see the past races leader boards somewhere?

Thanks

Some are announced at Stake's Forum, Twitter, Telegram and at Stake.com
Other times might be random, always check the Races countdown from Stake.com


Looks like Bitcoin price hit new time high Shocked



Do you think it's due to Facebook's Libra announcement?

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June 20, 2019, 09:55:08 PM
 #3210


Are race times random or they are announced? Can i see the past races leader boards somewhere?

Thanks
Just like Symphonized said you can always check it directly on Stake at "Races" tab.. or on their Social Medias / Discord
About their Telegram Races Channel the link is https://t.me/joinchat/AAAAAEjAOSavn6tYRZUWBw

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June 21, 2019, 04:15:39 AM
 #3211


Are race times random or they are announced? Can i see the past races leader boards somewhere?

Thanks
Just like Symphonized said you can always check it directly on Stake at "Races" tab.. or on their Social Medias / Discord
About their Telegram Races Channel the link is https://t.me/joinchat/AAAAAEjAOSavn6tYRZUWBw

Yes and recently Edward just started double racing.
Those at our Telegram would already start from its first second which boost up their final positions Wink


💰 Do you have the guts to make a 5 Bitcoin bet?!
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June 21, 2019, 06:27:59 AM
 #3212

Just for you to have an idea, 100% of this profit I made in the last Saturday's 1h Race was made playing some kind of martinfail in Mines
Martingale system with Mines? Damn. That system itself is truly high risk in nature and coupling it with Mines pushes the risk factor even higher. D'Alembert or Paroli are better in this regard for the short term.

I personally prefer risking the Martingale strategy on games with a low house edge like Blackjack and Baccarat where I tend to win more often.

You can apply martingale to everything. Many crypto traders use the same logic when trading. It is like setting yourself checkpoints and doubling the sells or buys depending on the price movement. If it goes down $1k, buy x amount. If it goes down $2k, buy x2 amount.

If you lose your game in blackjack, re-enter with x2 amount.

If you step on the wrong tile, x2 increase the wager amount.

etc. It is easy.




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June 21, 2019, 07:31:09 AM
 #3213

💰 Do you have the guts to make a 5 Bitcoin bet?!


His balls must have been that size



Since Stake signature campaign is closed, I wonder how this will affect the number of gamblers on stake and total crypto spent there?
What do you think?

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June 21, 2019, 07:40:05 AM
 #3214

You can apply martingale to everything. Many crypto traders use the same logic when trading. It is like setting yourself checkpoints and doubling the sells or buys depending on the price movement. If it goes down $1k, buy x amount. If it goes down $2k, buy x2 amount.

If you lose your game in blackjack, re-enter with x2 amount.

If you step on the wrong tile, x2 increase the wager amount.

etc. It is easy.
Not everything. Martingale works only with even odds games just like other progression strategies which is why you cannot use it in sports betting etc where the odds are not exactly even majority of the time.

The process is easy though the results could turn out to be horrible in the long term which is why it is a very risky strategy. I prefer Oscar's grind since it is more conservative and helps your bankroll last longer in this regard.

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June 21, 2019, 08:40:16 AM
 #3215

You can apply martingale to everything. Many crypto traders use the same logic when trading. It is like setting yourself checkpoints and doubling the sells or buys depending on the price movement. If it goes down $1k, buy x amount. If it goes down $2k, buy x2 amount.

If you lose your game in blackjack, re-enter with x2 amount.

If you step on the wrong tile, x2 increase the wager amount.

etc. It is easy.
Not everything. Martingale works only with even odds games just like other progression strategies which is why you cannot use it in sports betting etc where the odds are not exactly even majority of the time.

The process is easy though the results could turn out to be horrible in the long term which is why it is a very risky strategy. I prefer Oscar's grind since it is more conservative and helps your bankroll last longer in this regard.

I just told you how you can use this.

So you are telling me that I can't apply martingale to sports betting. Watch me how I do it:

Juventus : Napoil pick draw, result: Juve wins, increase the wager amount x2
Juventus : AC milan pick draw, result: AC milan wins, increase the wager amount by x2 again
Juventus : Cagliari pick draw, result: Draw, congratz you made some profits.

See? You can apply to anything and I mean literally ANYTHING.




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June 21, 2019, 01:00:41 PM
 #3216

Not everything. Martingale works only with even odds games just like other progression strategies which is why you cannot use it in sports betting etc where the odds are not exactly even majority of the time.

The process is easy though the results could turn out to be horrible in the long term which is why it is a very risky strategy. I prefer Oscar's grind since it is more conservative and helps your bankroll last longer in this regard.
I disagree that you can't use martingale on sports betting there's a lot of markets where you can get even odds and martingale isn't strictly for even odds.

That's only the recommended because it's the most common payout on several gambling games and the minimum odds you can profit on.


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June 21, 2019, 01:41:08 PM
 #3217


Not everything. Martingale works only with even odds games just like other progression strategies which is why you cannot use it in sports betting etc where the odds are not exactly even majority of the time.
If you can't find the same odds when you are gonna using martingale on sport betting, just simply increade your bet until the payout is higher than your losses before.
I remember there is someone who lose 6 times in a row on sport betting (he was good on sport betting though).



Since Stake signature campaign is closed, I wonder how this will affect the number of gamblers on stake and total crypto spent there?
What do you think?
It doesn't affect with stake and gamblers. Its just make 95% spammers gone


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June 21, 2019, 03:43:00 PM
 #3218

...
Without signature promotions, Stake.com has still been a big gambling site. If a site can survive well over years, especially after the last terrible bearish year, it will be able to survive thoroughly such small thing (signature campaign halt). I don't understand why after the Stake.com team and manager (SteveStake) decided to eliminate lots of previous participants, and only remained high quality posters in the last week of that campaign, there were still complaints and attacks, that force Stake.com to decide closing the campaign. I believe the forum community will miss Stake.com's signature, and avatar a lot.


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June 21, 2019, 03:51:34 PM
 #3219

It is not easy because in the end its still martingale and there is still a chance of you losing many in a row, specially in mine because lets be honest the odds are the same and house edge is the same but when you are playing it has a lot more personal preference over just clicking roll on dice.

Dice has an automatic almost robotic ways into playing it, blackjack or trading or any other thing then just dice doesn't have that robotic feeling which is why when you put personal over statistics there is a bigger chance of losing. Of course, the idea can be implemented on anything and doing that is simple and easy I agree on that but just because its easy to implement doesn't mean its easy to achieve the same amount of return as well, that part of it is quite difficult.


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veleten
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June 21, 2019, 07:01:10 PM
 #3220

-snip

Since Stake signature campaign is closed, I wonder how this will affect the number of gamblers on stake and total crypto spent there?
What do you think?


it won't affect anything  , since bitcointalk signature campaign was just one of the marketing tools Stake was using
the total amount of bitcointalk direct sign ups are around 50-60 per week ( stats from another campaign on average) thats not even sign ups , its the people who clicked the signature
sign ups are at least 5 times lower than that , so it wasn't the only source of the players influx
as for the crypto spent there , have a look at the five btc winning bet screens , doesn't affect too much , if you ask me

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