kongosplit
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Activity: 112
Merit: 10
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December 29, 2016, 05:20:16 PM |
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Looking at this photo which was posted yesterday, it doesn't look like a very smart way of gambling. He started at a base bet of 0.08 BTC and using payout 5.00x, and on every loss he kept doing regular martingale.
But since his wins have less than a 20% chance of every roll, then its not uncommon for him to run into a losing streak of 50 losses in a row. If he got 50 losses in a row, he would need the 50th bet to have a value of 88 Million BTC for him to be able to stay in the game, which is far higher than the max bet amount.
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Sometimes I think that people who perform martingale do not bother to do the maths before starting. I'll try to do my best to explain how big your losses might be with the martingale strategy. Even if your base bet is just 1 Satoshi your 50th bet would be over 11 Million BTC. If the base bet is 0.08 BTC then after 49 losses in a raw you'll need over 45 Trilllion BTC to make the next bet. So be careful with that martingale thing, guys. ) There are no people that are stupid enough to do this kind of martingale though. May be for couple of btc they may be take that challenge but to play it for longer run? I dont think that they are going for it. Because there is max pyout on each gambling site so there is no point to bet that high amount if the site can't pay you up Martinagle is good if you have 50btc in your balance and your base bet is 2000 satoshi. It is almost impossible to lose. No, it's not impossible, that's what I was talking about, it's pretty possible and I will show you once again. With the base bet 2,000 sats or 0.00002 BTC you just need to have 22 reds in a row to lose 50 BTC. Even if you are betting with 50% winning chance 22 reds in a row can happen, but with 20% winning chance it will happen more than likely pretty soon. Multiply 0.00002 BTC by 2 22 times and see for yourself. I'm pretty sure about 17x reds, 18xreds but 22x is to much for 2x.
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panjul07
Legendary
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Activity: 3528
Merit: 1358
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December 29, 2016, 05:37:54 PM |
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I'm pretty sure about 17x reds, 18xreds but 22x is to much for 2x.
Sounds too much but in fact 22x is still possible on x2, afaik there was a player get more than 30x on x2. My worst was 25x long time ago, so dont ever think that it is impossible. Every single roll is independent, when you are so unlucky then you will get something that you think is impossible.
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mOgliE
Legendary
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Activity: 1344
Merit: 1251
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December 29, 2016, 10:28:57 PM |
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Looking at this photo which was posted yesterday, it doesn't look like a very smart way of gambling. He started at a base bet of 0.08 BTC and using payout 5.00x, and on every loss he kept doing regular martingale.
But since his wins have less than a 20% chance of every roll, then its not uncommon for him to run into a losing streak of 50 losses in a row. If he got 50 losses in a row, he would need the 50th bet to have a value of 88 Million BTC for him to be able to stay in the game, which is far higher than the max bet amount.
~
Sometimes I think that people who perform martingale do not bother to do the maths before starting. I'll try to do my best to explain how big your losses might be with the martingale strategy. Even if your base bet is just 1 Satoshi your 50th bet would be over 11 Million BTC. If the base bet is 0.08 BTC then after 49 losses in a raw you'll need over 45 Trilllion BTC to make the next bet. So be careful with that martingale thing, guys. ) There are no people that are stupid enough to do this kind of martingale though. May be for couple of btc they may be take that challenge but to play it for longer run? I dont think that they are going for it. Because there is max pyout on each gambling site so there is no point to bet that high amount if the site can't pay you up Martinagle is good if you have 50btc in your balance and your base bet is 2000 satoshi. It is almost impossible to lose. No, it's not impossible, that's what I was talking about, it's pretty possible and I will show you once again. With the base bet 2,000 sats or 0.00002 BTC you just need to have 22 reds in a row to lose 50 BTC. Even if you are betting with 50% winning chance 22 reds in a row can happen, but with 20% winning chance it will happen more than likely pretty soon. Multiply 0.00002 BTC by 2 22 times and see for yourself. I'm pretty sure about 17x reds, 18xreds but 22x is to much for 2x. ahah, well if it was right no casino would exist because everyone would just save around 50 BTC or even more and then just gamble like that. There is NO limit to the amount of identical results you can get in a row. You could have 100 reds in a row. It won't happen often of course. But you only need to see it happening once to lose everything.
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adaseb
Legendary
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Activity: 3808
Merit: 1723
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December 29, 2016, 11:13:22 PM |
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I'm pretty sure about 17x reds, 18xreds but 22x is to much for 2x.
Sounds too much but in fact 22x is still possible on x2, afaik there was a player get more than 30x on x2. My worst was 25x long time ago, so dont ever think that it is impossible. Every single roll is independent, when you are so unlucky then you will get something that you think is impossible. Trust me 22x is very possible on x2 and its one of the largest losses I got about a year ago when I did martingale. I even had a small base bet like 500 or 1000 Sats or so and I didn't think going over 15x was possible but one day disaster stuck and had lost every BTC i had.
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Twilight Equinox
Newbie
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Activity: 43
Merit: 0
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December 30, 2016, 12:50:29 AM |
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Sometimes the seed mess with you, you know? I went for x100 low, from base sat of 5 it reached 50k. Sad part is 17 of those rolls were above 99
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kolloh
Legendary
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Activity: 1736
Merit: 1023
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December 30, 2016, 05:22:08 AM |
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Sometimes the seed mess with you, you know? I went for x100 low, from base sat of 5 it reached 50k. Sad part is 17 of those rolls were above 99
Yeah, I hate when that happens. But if you were to try and switch to high after seeing those 99, you would likely end up missing a 0 lol. That's how it always seems to happen for me at least.
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Xanidas
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December 30, 2016, 05:52:48 AM |
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Sometimes the seed mess with you, you know? I went for x100 low, from base sat of 5 it reached 50k. Sad part is 17 of those rolls were above 99
It happens sometimes so its just pretty normal. Good thing for some people they understand provably fair system and they don't accuse the site rigging the bets like others when they got long losing streak or the other way around of their bets. Happened to me everytime im going to 100x lol
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kongosplit
Member
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Activity: 112
Merit: 10
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December 30, 2016, 05:56:32 AM |
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Micro, about the 0.001 giveaway from facebook.
I saw I have received it but I can't remember when I was playing.
Is there any way where I can see a list of my ip's?
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jamyr
Sr. Member
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Activity: 1764
Merit: 373
<------
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December 30, 2016, 12:46:00 PM |
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Micro, about the 0.001 giveaway from facebook.
I saw I have received it but I can't remember when I was playing.
Is there any way where I can see a list of my ip's?
If you are looking for a proof that you received the giveaway since you said "about the 0.001 giveaway . .", you can find the list of tips you sent or received by clicking on accounts>transactions it is in the bottom part of the page.
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David19
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December 30, 2016, 06:22:08 PM |
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Stunna can i get a response to my private message?
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pinoycash
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December 30, 2016, 06:28:58 PM |
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Sometimes the seed mess with you, you know? I went for x100 low, from base sat of 5 it reached 50k. Sad part is 17 of those rolls were above 99
lol its really sad to see that kind of scenario that its to much for a coincidence, its just a bad luck and bad day for your rolls
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kongosplit
Member
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Activity: 112
Merit: 10
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December 30, 2016, 07:19:31 PM |
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Micro, about the 0.001 giveaway from facebook.
I saw I have received it but I can't remember when I was playing.
Is there any way where I can see a list of my ip's?
If you are looking for a proof that you received the giveaway since you said "about the 0.001 giveaway . .", you can find the list of tips you sent or received by clicking on accounts>transactions it is in the bottom part of the page. I got it. But i was not the one who used them.. I was looking lol now I have received the tip. But it is not in my balance. And I don't know who played those money.
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jamyr
Sr. Member
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Activity: 1764
Merit: 373
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December 30, 2016, 08:42:10 PM |
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Micro, about the 0.001 giveaway from facebook.
I saw I have received it but I can't remember when I was playing.
Is there any way where I can see a list of my ip's?
If you are looking for a proof that you received the giveaway since you said "about the 0.001 giveaway . .", you can find the list of tips you sent or received by clicking on accounts>transactions it is in the bottom part of the page. I got it. But i was not the one who used them.. I was looking lol now I have received the tip. But it is not in my balance. And I don't know who played those money. Well making sure that your account is safe really matters. Who knows if your account was used not only to play but to annoy other players there.
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roadbits
Legendary
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Activity: 1092
Merit: 1000
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December 31, 2016, 12:42:26 AM |
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I'm pretty sure about 17x reds, 18xreds but 22x is to much for 2x.
Sounds too much but in fact 22x is still possible on x2, afaik there was a player get more than 30x on x2. My worst was 25x long time ago, so dont ever think that it is impossible. Every single roll is independent, when you are so unlucky then you will get something that you think is impossible. If a player plays this dice game for a longer period then mostly your losing streak will increase, but it can happen at the beginning itself. I usually play dice game manually so once I reach around 6 or 7 losing streaks then will stop my game even though I under loss so didn't experience so many losses in dice yet.
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forzendiablo
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Activity: 1526
Merit: 1000
the grandpa of cryptos
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December 31, 2016, 04:09:46 AM |
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would be good if rolling back to old GUI would be an option in settings
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yolo
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nyteo
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December 31, 2016, 04:52:10 AM |
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I want withdraw 0.00125 in my account but can not, so minimal withdraw 0.002 now?
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Bitinity
Legendary
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Activity: 3122
Merit: 1314
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December 31, 2016, 07:11:09 AM |
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I want withdraw 0.00125 in my account but can not, so minimal withdraw 0.002 now?
Yes, they have increased the min withdraw since some time ago. For sure you cant withdraw less than 0.002btc, it is still acceptable min withdraw. So you should turn your 1.25mbtc to 2mbtc or more if you want to withdraw, good luck!
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kongosplit
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Activity: 112
Merit: 10
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December 31, 2016, 09:40:28 AM |
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Happy new year !!!
Stunna today happy hour. pls pls pls
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0x0010
Member
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Activity: 112
Merit: 10
female ;)
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December 31, 2016, 04:47:38 PM |
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Happy new year !!!
Stunna today happy hour. pls pls pls
Go get a life instead of begging for a few cents every hour, bloody degenerate.
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keybase.io/0x0010
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jamyr
Sr. Member
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Activity: 1764
Merit: 373
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December 31, 2016, 05:01:50 PM |
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Happy new year !!!
Stunna today happy hour. pls pls pls
Go get a life instead of begging for a few cents every hour, bloody degenerate. It is a new year. Time to be friends with all that is worthy to be. To primedice Community, Happy New Year. May we get you broke soon.
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