Darklinkz
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September 11, 2017, 03:25:09 AM |
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Martingale is still not a perfect strategy because you are playing it online so the odds are still in favor of those casinos.
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RealPhotoshoper
Legendary
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Activity: 1050
Merit: 1001
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September 11, 2017, 04:47:58 AM |
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2) To play with Martingale you need unlimited balance to recover losses
Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway. I think also betting sytem like in dice game has limited of maximum of sometimes 0.1 maximum bets to 1 btc so unlimited will never recover your loses you will just losing all of your money and bitcoin for nothing using martingale and gambling is just for lucky person if you are not lucky you will not make any profit.. So better to gamble that you can afford to lose play for entertainment or fun not for making dream and make a large profit in gambling.. You're right. It only makes things more interesting. Instead of betting the same amount all the time you're varying bets based on the outcome of the previous rolls, but in reality your chances remain the same. Martingale gives players fake hope. Martingale will always be anticipated by every single casino. You might win in the first or second rolls , but keep getting losing streaks in the end. Don't ever try martingle , you will have a lot of regret , that is what people have experienced , and i just told you guys , it is the most attractive and dangerous strategy.
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janeparamas
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September 11, 2017, 04:58:47 AM |
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2) To play with Martingale you need unlimited balance to recover losses
Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway. We can't say it's not true, he's right actually. If you have many bitcoins on your wallet, you can using martingale strategy for long run even with 10+ streak lose you still can cover it. That's why without many bitcoins, its better to not use martingale strategy. It's really risky though using this strategy.
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TeejayTJ
Jr. Member
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Activity: 56
Merit: 10
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September 11, 2017, 05:40:24 AM |
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Matingfail more likely. Will depend on BB Payout and Increase on lose. 2x on 1 sat BB at 100% increase on lose will need lots of time and bankroll. Longest streak I had on 2x on dice without increase on lose is 28. That is on bitsler. Imagine if you play on Freebitco.in with a house edge of 5.
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Bitinity
Legendary
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Activity: 3178
Merit: 1315
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September 11, 2017, 08:15:59 AM |
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2) To play with Martingale you need unlimited balance to recover losses
Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway. We can't say it's not true, he's right actually. If you have many bitcoins on your wallet, you can using martingale strategy for long run even with 10+ streak lose you still can cover it. That's why without many bitcoins, its better to not use martingale strategy. It's really risky though using this strategy. Dude, remember the max profit on every sites. This limit will not let you win even if you have unlimited bankroll, 10+ streak is still a usual one, how if you meet 20+ or even 30+? Nothing is better, no matter you have many bitcoins or only small amount. Dont do martingale unless you are ready to lose all your money.
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Omega Weapon
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September 12, 2017, 04:49:06 PM |
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2) To play with Martingale you need unlimited balance to recover losses
Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway. Something no matter how unlikely if you gave it enough time is going to eventually happen, having enough money to 30 bets is not enough, having money for 40 or 50 bets is not enough, if you keep playing is going to happen, this is why you see stories of people losing a fortune in the casino because they think it is never going to happen to them, that they are never going to lose 31 times in a row, but it happens all the time.
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Linuld
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September 12, 2017, 05:22:01 PM |
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2) To play with Martingale you need unlimited balance to recover losses
Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway. Something no matter how unlikely if you gave it enough time is going to eventually happen, having enough money to 30 bets is not enough, having money for 40 or 50 bets is not enough, if you keep playing is going to happen, this is why you see stories of people losing a fortune in the casino because they think it is never going to happen to them, that they are never going to lose 31 times in a row, but it happens all the time. How many bets are not mattered, while using martingale method the betting amount continuously increasing. sometimes you are ready to play with the high amount to win martingale run. for this reason only all the sites will put one limit you can not place more than that limit. so you must accept your defeat. investing in martingale method is a waste of money.
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Bluestreet
Legendary
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Activity: 988
Merit: 1000
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September 12, 2017, 05:37:06 PM |
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I know that the martingale system could only win if an infinite amount is available and an infinitely high amount is likely to be placed and Casinos are protected against martingale. Nevertheless, it would be interesting for theory to calculate the amount in relation to the highest known loss sequence. Example: Game: Dice Game Minimum bet: 1 Satoshi Maximum bet: no limit. Highest known loss sequence on dice game: ?
Necessary maximum amount for theoretical safe gain: ?
You can't do martingale forever as there is a limit on maximum amount of bitcoins that you can bet in a single game, so at last you will definitely loose in martingale too. As far as I know I play on bustabit and there is a maximum limit of 1 BTC there.
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maeusi (OP)
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September 12, 2017, 06:45:36 PM |
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Then maybe we should look at another coin to play with. The lowest possible bet, I saw, was 0.00000001 doge, but those bets are really slow. Per bet around 2-3 seconds. The power to run a device is more expensive than the profit.
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Aamir1
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September 12, 2017, 06:50:34 PM |
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Martingale is a kind of an strategy which needs a lot more bitcoins than we expect it would. As posted earlier by someone, 10 bitcoins can let you survive 29 loses, and if you hit another lose after that, you are out of money. And sometimes it doesn't even stop giving loses to you and you suddenly start thinking what's happening. I think if someone has enough bitcoins to afford to play martingale strategy, then they should simply use those bitcoins for something else and avoid the risk of losing them.
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ahmia39
Sr. Member
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Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
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September 12, 2017, 07:57:11 PM |
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Btc needed for gambling with martingale strategy is as much as you have. The most important in gambling is limit you can to achieve. Because whatever amount bitcoin we have if no limit, then losing is the thing we absolute achieve.
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NorrisK
Legendary
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Activity: 1946
Merit: 1007
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September 12, 2017, 08:37:14 PM |
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2) To play with Martingale you need unlimited balance to recover losses
Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway. Do you even realize what you are saying here? 30 losses with a 0.0001 starting bet would mean that you would bet 107374.1824 on your 30th bet. That is basically unlimited already. EDIT: Even betting 1 satoshi as starting bet would mean you need almost 11 bitcoin on your 30th bet. Keep dreaming.
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maeusi (OP)
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September 12, 2017, 08:44:54 PM |
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2) To play with Martingale you need unlimited balance to recover losses
Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway. Do you even realize what you are saying here? 30 losses with a 0.0001 starting bet would mean that you would bet 107374.1824 on your 30th bet. That is basically unlimited already. EDIT: Even betting 1 satoshi as starting bet would mean you need almost 11 bitcoin on your 30th bet. Keep dreaming. Then maybe think in 0.00000001 doges as base bet.
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boyptc
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September 12, 2017, 09:08:36 PM |
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Then maybe we should look at another coin to play with. The lowest possible bet, I saw, was 0.00000001 doge, but those bets are really slow. Per bet around 2-3 seconds. The power to run a device is more expensive than the profit.
If you just want to try it and you don't want your bitcoins to be touched. Other coins are good for this type of experimental and you can just trade it afterwards when you have won. And for those people out there that wants to try martingale, make sure that you decided it and you are ready for the consequences with your big bankroll.
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EdenHazard
Legendary
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Activity: 2674
Merit: 1048
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September 12, 2017, 09:52:21 PM |
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In a 49% chance expect a losing streak 50+ even 1 BTC is not enough if you are going to use martingale as your strategy even if you start with 1 satoshi. There are many better strategies than martingale. Sometimes you need to combine some of strategies to make a better one but you can only use it sometimes because if you will do it everyday in the end you will lose every balance you have.
yes that is true , people should realize soon about the danger using martingale. otherwise your money will get burned no matter how much available. keep doubling your bet are not the best and smart way to gamble , it is just make your situation even more messed up. everybody nowadays have know already about this , don't get greedy and make a stupid martingale useless strategy. People get fooled very easily thanks to their greed, some promote martingale as a strategy that wins 99% of the time, people see this and get excited and think they have found a way to beat the casino, but what those people never tell you is that when you hit that 1% you are going to lose your entire bankroll and that is why we got so many stories about people losing their money with such a flawed strategy. yes i do believe those people who gamble use martingale strategy every single time they have lost their mind to become a normal player. greedy has take over yourself to be rushed not in calm down. that is the common mistakes , just try to avoid that. martingale are a way to lost your money faster more than you expected.
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JL421
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September 14, 2017, 04:30:22 PM |
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Martingle is the worst strategy in gambling it's impossible to win with this strategy these strategies are free money for the site or the casino martingle strategy doesn't provide much chances of winning and if you try it with few funds after every win no matter what you get 2 losses which will take up all your bankroll
it is right martingle strategy is just a easy profit for the site you are gambling on it simple drains your bankroll to actually make profit or have some chance you need a high bankroll and still the chance of getting profit is really less always avoid martingle strategy
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LuanX3
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September 14, 2017, 05:14:32 PM |
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Martingle is the worst strategy in gambling it's impossible to win with this strategy these strategies are free money for the site or the casino martingle strategy doesn't provide much chances of winning and if you try it with few funds after every win no matter what you get 2 losses which will take up all your bankroll
it is right martingle strategy is just a easy profit for the site you are gambling on it simple drains your bankroll to actually make profit or have some chance you need a high bankroll and still the chance of getting profit is really less always avoid martingle strategy Not really, martingle is actually a good system, however it is flawed because it assumes something which is impossible, that is, having infinite amount of bankroll and there is infinite limits per bet. Generally it could work, but because the gambling site has house edge, then that really prevents you from profiting using martin gale systems. It is not a bad system, it's just not affective.
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milewilda
Legendary
Offline
Activity: 3248
Merit: 1155
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September 14, 2017, 05:26:35 PM |
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Martingle is the worst strategy in gambling it's impossible to win with this strategy these strategies are free money for the site or the casino martingle strategy doesn't provide much chances of winning and if you try it with few funds after every win no matter what you get 2 losses which will take up all your bankroll
it is right martingle strategy is just a easy profit for the site you are gambling on it simple drains your bankroll to actually make profit or have some chance you need a high bankroll and still the chance of getting profit is really less always avoid martingle strategy Not really, martingle is actually a good system, however it is flawed because it assumes something which is impossible, that is, having infinite amount of bankroll and there is infinite limits per bet. Generally it could work, but because the gambling site has house edge, then that really prevents you from profiting using martin gale systems. It is not a bad system, it's just not affective. I can still consider as a bad system though because i do have really bad experiences on using this stuff.We do have different views but this thing do really sucks and i do believe no matter how big your bankroll is it can really wipe it out in a matter of short period.Even you do have millions of money if losing streak hits you then say goodbye to your money.
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KennyR
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September 14, 2017, 05:27:58 PM |
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Some users interpret the martingale technique to be an winning strategy, the real fact is that it's an method used to minimize the loss. For this large volume backing is a must without which one cannot use the strategy. There is no specific number of bitcoin required for martingale method.
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Gotomoon
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September 14, 2017, 06:08:08 PM |
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Ive been into playing of dice game and tried martingale strategy it never worked for long. Actually it depends on your base bet, whatever strategy you have it will never worked good for long. Eventually you will lose the game and just waste of money.
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