iluvbitcoins (OP)
Legendary
Offline
Activity: 2198
Merit: 1150
Freedom&Honor
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October 18, 2017, 12:18:03 PM |
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I have around 500 000 bets placed on FJ It was a matter of time when this would happen ( placed a lot of bets on not Martingale, so it already happened a lot of times, just not with Martingale) I got 16 losses in a row Starting with bet 0.000001 BTCAnd last bet was 0.03 BTCCounting a 0.06 BTC loss total ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimage.prntscr.com%2Fimage%2F4W3zryuQSn6M7apKis1Zig.png&t=665&c=t9dtB1OyrJk4aw) Now, my question is, should I try to win it back? I have a total bank of around 1.6 BTC on my disposal Odds of me losing those 16 bets in a row were 0.00179% Somewhere around 1 to 60 000 Now, if I place a 0.06 BTC there's a 50.5% chance I'll lose If I lose, I place a 0.12 BTC bet, 0.505*0.505= 25.5% chance I'll lose If I lose, I place a 0.24 BTC bet, 0,255025*0,505= 12.88% chance If I lose, I place a 0.48 BTC bet, 0,128787625*0,505= 6.5% chance I'll lose If I lose, I have a total loss of 0.48+0.24+0.12+0.06 (+0.03) = 0.9 BTC (+0.03) Is it worth it? Should I cut my losses o.o Odds of me losing 20 bets in a row should be 1 : 860 000 Which, with me having 500k bets, doesn't sound very good
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Looking for a signature campaign.
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Lucius
Legendary
Offline
Activity: 3346
Merit: 5948
Crypto Swap Exchange🈺
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 12:50:30 PM |
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I have around 500 000 bets placed on FJ It was a matter of time when this would happen ( placed a lot of bets on not Martingale, so it already happened a lot of times, just not with Martingale) I got 16 losses in a row Starting with bet 0.000001 BTCAnd last bet was 0.03 BTCCounting a 0.06 BTC loss total ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimage.prntscr.com%2Fimage%2F4W3zryuQSn6M7apKis1Zig.png&t=665&c=t9dtB1OyrJk4aw) Now, my question is, should I try to win it back? I have a total bank of around 1.6 BTC on my disposal Odds of me losing those 16 bets in a row were 0.00179% Somewhere around 1 to 60 000 Now, if I place a 0.06 BTC there's a 50.5% chance I'll lose If I lose, I place a 0.12 BTC bet, 0.505*0.505= 25.5% chance I'll lose If I lose, I place a 0.24 BTC bet, 0,255025*0,505= 12.88% chance If I lose, I place a 0.48 BTC bet, 0,128787625*0,505= 6.5% chance I'll lose If I lose, I have a total loss of 0.48+0.24+0.12+0.06 (+0.03) = 0.9 BTC (+0.03) Is it worth it? Should I cut my losses o.o Odds of me losing 20 bets in a row should be 1 : 860 000 Which, with me having 500k bets, doesn't sound very good You got into a series of losses and by some logic you should stop because it's easy to lose even more.But by some law of numbers after you lost 16 times in a row you probably should finally win in next few bets.I think the decision is just for you because money is just yours.If I was in your place I would stop for a while.Since you are in good campaign all you lost will be back to you anyway.I know it's not the same as getting a bet,but let's say it makes sense,at least for me. If you still decide to bet good luck to you and to get back all the lost ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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flower1024
Legendary
Offline
Activity: 1428
Merit: 1000
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 01:15:50 PM |
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I have around 500 000 bets placed on FJ It was a matter of time when this would happen ( placed a lot of bets on not Martingale, so it already happened a lot of times, just not with Martingale) I got 16 losses in a row Starting with bet 0.000001 BTCAnd last bet was 0.03 BTCCounting a 0.06 BTC loss total ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimage.prntscr.com%2Fimage%2F4W3zryuQSn6M7apKis1Zig.png&t=665&c=t9dtB1OyrJk4aw) Now, my question is, should I try to win it back? I have a total bank of around 1.6 BTC on my disposal Odds of me losing those 16 bets in a row were 0.00179% Somewhere around 1 to 60 000 Now, if I place a 0.06 BTC there's a 50.5% chance I'll lose If I lose, I place a 0.12 BTC bet, 0.505*0.505= 25.5% chance I'll lose If I lose, I place a 0.24 BTC bet, 0,255025*0,505= 12.88% chance If I lose, I place a 0.48 BTC bet, 0,128787625*0,505= 6.5% chance I'll lose If I lose, I have a total loss of 0.48+0.24+0.12+0.06 (+0.03) = 0.9 BTC (+0.03) Is it worth it? Should I cut my losses o.o Odds of me losing 20 bets in a row should be 1 : 860 000 Which, with me having 500k bets, doesn't sound very good You got into a series of losses and by some logic you should stop because it's easy to lose even more.But by some law of numbers after you lost 16 times in a row you probably should finally win in next few bets.I think the decision is just for you because money is just yours.If I was in your place I would stop for a while.Since you are in good campaign all you lost will be back to you anyway.I know it's not the same as getting a bet,but let's say it makes sense,at least for me. If you still decide to bet good luck to you and to get back all the lost ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes taking risk is up to you. and as a mate said you are in the good campaign if you lost money also you will get back it in a couple of weeks. So according to me, you can try one more time if you have luck you may win back your losses. If I am in your position, i will try once.
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Emoclaw
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 01:26:21 PM |
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I personally would act on impulse and place more bets, despite that probably not being the best thing to do. Then again it's up to you. The amount you've lost so far isn't close to that you could potentially lose. Even though the odds of you losing those 16 bets were 0.00179%, those next bets are still 49.5%, so keep that in mind.
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madwica
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 01:40:35 PM |
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Personally i am also love plating dice game my stategy is rolling at minimum bet of 0.00000001 after 5 to 6 losses i start in 256 satoshi i click 2x until i win but sometimes it takes 21 lose in a row before i win then back it again into minimun bet. And at your case if your count of threshold already reach just made a descision if you continue to risk or not and i think this is the first time you experience that 16 in a row losses because you are already worried if it will continue to loose your fund will be empty. Only yourself can answer this.
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chris200x9
Legendary
Offline
Activity: 1316
Merit: 1011
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 01:49:44 PM |
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I have around 500 000 bets placed on FJ It was a matter of time when this would happen ( placed a lot of bets on not Martingale, so it already happened a lot of times, just not with Martingale) I got 16 losses in a row Starting with bet 0.000001 BTCAnd last bet was 0.03 BTCCounting a 0.06 BTC loss total ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimage.prntscr.com%2Fimage%2F4W3zryuQSn6M7apKis1Zig.png&t=665&c=t9dtB1OyrJk4aw) Now, my question is, should I try to win it back? I have a total bank of around 1.6 BTC on my disposal Odds of me losing those 16 bets in a row were 0.00179% Somewhere around 1 to 60 000 Now, if I place a 0.06 BTC there's a 50.5% chance I'll lose If I lose, I place a 0.12 BTC bet, 0.505*0.505= 25.5% chance I'll lose If I lose, I place a 0.24 BTC bet, 0,255025*0,505= 12.88% chance If I lose, I place a 0.48 BTC bet, 0,128787625*0,505= 6.5% chance I'll lose If I lose, I have a total loss of 0.48+0.24+0.12+0.06 (+0.03) = 0.9 BTC (+0.03) Is it worth it? Should I cut my losses o.o Odds of me losing 20 bets in a row should be 1 : 860 000 Which, with me having 500k bets, doesn't sound very good You got into a series of losses and by some logic you should stop because it's easy to lose even more.But by some law of numbers after you lost 16 times in a row you probably should finally win in next few bets.I think the decision is just for you because money is just yours.If I was in your place I would stop for a while.Since you are in good campaign all you lost will be back to you anyway.I know it's not the same as getting a bet,but let's say it makes sense,at least for me. If you still decide to bet good luck to you and to get back all the lost ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes taking risk is up to you. and as a mate said you are in the good campaign if you lost money also you will get back it in a couple of weeks. So according to me, you can try one more time if you have luck you may win back your losses. If I am in your position, i will try once. I think just stop for today and come back later to try your luck because it is very high risk to bet such a high amount when bitcoin prices are so high. Since there is no guaranty that even if you play few more rolls you will win so just stop it for now and try your luck some other time. Good luck to you to get back your money but remember chasing losses in gambling always a very dangerous thing to do.
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iluvbitcoins (OP)
Legendary
Offline
Activity: 2198
Merit: 1150
Freedom&Honor
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 01:52:10 PM |
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Okay, I was impulsive Deposited 0.1 BTCBut didn't go with 0.06, I was going with the same 0.000001 and Martingale until I win 0.03 Seemed okay, +30% which would be a 1.3 bet after losing 16 bets in a row But Lost 17 bets again o.o http://prntscr.com/gyydspAm I really that unlucky ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Should of cut losses right away ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Still have the bonus, I'll report back, but doing x40 won't happen lol
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Looking for a signature campaign.
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milewilda
Legendary
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Activity: 3220
Merit: 1146
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October 18, 2017, 02:01:41 PM |
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Okay, I was impulsive Deposited 0.1 BTCBut didn't go with 0.06, I was going with the same 0.000001 and Martingale until I win 0.03 http://prntscr.com/gyydspLost 17 bets again o.o Am I really that unlucky ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Should of cut losses right away ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Sad to hear that my fellow fortunejack buddy ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) but well thats how gambling works.Its just a matter of win or loss and having 16x lose streak is really possible even on talking in the probability that it will come out. If you did able to risk your first plan above for sure you are losing almost 1 btc. Thats why it is really a risky thing to chase up loses on a particular day this is why we should really know to stop and call it a day.
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BlockEye
Legendary
Offline
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 02:12:36 PM |
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Okay, I was impulsive Deposited 0.1 BTCBut didn't go with 0.06, I was going with the same 0.000001 and Martingale until I win 0.03 Seemed okay, +30% which would be a 1.3 bet after losing 16 bets in a row But Lost 17 bets again o.o http://prntscr.com/gyydspAm I really that unlucky ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Should of cut losses right away ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Still have the bonus, I'll report back, but doing x40 won't happen lol You should stop doubling your bet when it hits 10 times because it is too risky. The chance of getting more reds to come is greater than to wait for it to green then bet to cover your losses. I salute you for having a courage to bet huge amount of BTC even if it's current price was pretty high.
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harizen
Legendary
Offline
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 02:16:44 PM |
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I have around 500 000 bets placed on FJ It was a matter of time when this would happen ( placed a lot of bets on not Martingale, so it already happened a lot of times, just not with Martingale) I got 16 losses in a row Starting with bet 0.000001 BTCAnd last bet was 0.03 BTCCounting a 0.06 BTC loss total ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimage.prntscr.com%2Fimage%2F4W3zryuQSn6M7apKis1Zig.png&t=665&c=t9dtB1OyrJk4aw) Now, my question is, should I try to win it back? I have a total bank of around 1.6 BTC on my disposal Odds of me losing those 16 bets in a row were 0.00179% Somewhere around 1 to 60 000 Now, if I place a 0.06 BTC there's a 50.5% chance I'll lose If I lose, I place a 0.12 BTC bet, 0.505*0.505= 25.5% chance I'll lose If I lose, I place a 0.24 BTC bet, 0,255025*0,505= 12.88% chance If I lose, I place a 0.48 BTC bet, 0,128787625*0,505= 6.5% chance I'll lose If I lose, I have a total loss of 0.48+0.24+0.12+0.06 (+0.03) = 0.9 BTC (+0.03) Is it worth it? Should I cut my losses o.o Odds of me losing 20 bets in a row should be 1 : 860 000 Which, with me having 500k bets, doesn't sound very good As an experienced gambler, you must supposedly know what to do. You afford to lose that kind of amount meaning you know what output can gambling bring. Chasing losses is the stage where people just increasing the risk of losing more. You created an analyzation and I think it's enough reference for your next move. Take the risk or stop? It's up to you.
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frmracc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 02:18:36 PM |
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Holy damn, 16 losses in a row from 100 satoshi base bet and 2x multiplier. It must be pain in the ass, that's why i rarely bet on games that have provably fair.
Just saw you deposit again 0.1, damn dude you should cash it out when you get 0.03.
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iluvbitcoins (OP)
Legendary
Offline
Activity: 2198
Merit: 1150
Freedom&Honor
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 02:23:32 PM |
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Holy damn, 16 losses in a row from 100 satoshi base bet and 2x multiplier. It must be pain in the ass, that's why i rarely bet on games that have provably fair.
Just saw you deposit again 0.1, damn dude you should cash it out when you get 0.03.
Twice! In the same day ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I'm cutting my losses here, won't deposit more Lost enough today xD FJ has paid me enough, I'm glad it goes to them Anyways, playing Monster Madness in a last ditch effort with the bonus Currently at around x0.1, x39.9 to go lol
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Looking for a signature campaign.
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Wall-ET
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 02:24:38 PM |
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Okay, I was impulsive Deposited 0.1 BTCBut didn't go with 0.06, I was going with the same 0.000001 and Martingale until I win 0.03 Seemed okay, +30% which would be a 1.3 bet after losing 16 bets in a row But Lost 17 bets again o.o http://prntscr.com/gyydspAm I really that unlucky ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Should of cut losses right away ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Still have the bonus, I'll report back, but doing x40 won't happen lol While you have x2 bet when win and you double your bet the house will allays win ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) as you know when your bet is x2 but the chance to lose is 50.5%... You need to change the strategy. As this way you risk BIG (after 10 best) to win just 1 satoshi... Not worth it.
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mrcash02
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 02:34:15 PM |
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Personally I think it's too dangerous for the amount of money you are risking. And if you lose it will hurt a lot...
I think you should try to recover your losses only if you had more 'ammo' to spend... So you could play with few high bets, recover it fast and exit.
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YuginKadoya
Legendary
Offline
Activity: 3038
Merit: 1169
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October 18, 2017, 02:48:50 PM |
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WOW! so many red color of losses you got there, ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) I was really shock seeing this, many it is not your day for now, and n my opinion never try to win it back, it is not really your day in betting again so call it a day for now you have already lost 0.06 btc that is more than enough for the day and don't waste another Satoshi to make a win you need to just relax and call it a day and just play another day if you had feel like taking another shot on it,
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ralle14
Legendary
Offline
Activity: 3290
Merit: 1902
Shuffle.com
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 02:51:29 PM |
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Holy damn, 16 losses in a row from 100 satoshi base bet and 2x multiplier. It must be pain in the ass, that's why i rarely bet on games that have provably fair.
Just saw you deposit again 0.1, damn dude you should cash it out when you get 0.03.
Twice! In the same day ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I'm cutting my losses here, won't deposit more Lost enough today xD FJ has paid me enough, I'm glad it goes to them Anyways, playing Monster Madness in a last ditch effort with the bonus Currently at around x0.1, x39.9 to go lol Good to hear that you've cut your losses we don't want to see you lose all of you're bank in a single day and good luck with the rest of your bonus hopefully slots will give you something good in return. Not worth it.
Definitely not, chasing for a 100 satoshi profit.
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eternalgloom
Legendary
Offline
Activity: 1792
Merit: 1283
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October 18, 2017, 03:03:50 PM |
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Okay, I was impulsive Deposited 0.1 BTCBut didn't go with 0.06, I was going with the same 0.000001 and Martingale until I win 0.03 Seemed okay, +30% which would be a 1.3 bet after losing 16 bets in a row But Lost 17 bets again o.o http://prntscr.com/gyydspAm I really that unlucky ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Should of cut losses right away ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Still have the bonus, I'll report back, but doing x40 won't happen lol I think you made the right choice there by not playing any more after that last loss. If I were in such a situation, I'd also be tempted to deposit more at first perhaps, but I would ultimately decide to quit playing for a couple of days at least. Nothing worse than continuing to play when you're on a losing streak.
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marlboroza
Legendary
Offline
Activity: 1932
Merit: 2270
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 03:05:52 PM Last edit: October 18, 2017, 03:48:00 PM by marlboroza |
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Now, my question is, should I try to win it back? NO! I have a total bank of around 1.6BTC on my disposal 6 more bad bets will kick that 1.6btc out of your wallet. I am glad that you decided to stop in time. Odds of me losing those 16 bets in a row were 0.00179% Somewhere around 1 to 60 000 Look at my theory: Dice is game of combinations(HI LOW) There are 65536 different combinations of hi-low for combination with 16 bets. You said you made 500000 bets, it means that you probably rolled trough 31250 different combinations, including losing one. It is like buying lottery ticket, if you buy one ticket you will have 0.0001% chance to win it, if you buy all tickets every ticket will have 0.0001% winning chance but 1 ticket will be winning one - even thought that it has 0.0001% winning chance.. Now, if I place a 0.06BTC there's a 50.5% chance I'll lose If I lose, I place a 0.12BTC bet, 0.505*0.505= 25.5% chance I'll lose If I lose, I place a 0.24BTC bet, 0,255025*0,505= 12.88% chance If I lose, I place a 0.48BTC bet, 0,128787625*0,505= 6.5% chance I'll lose No, your each roll has 49.5%* chance, combination of 3 rolls in row has 6.5% chance. Odds of me losing 20 bets in a row should be 1 : 860 000 Which, with me having 500k bets, doesn't sound very good The same as 16 bets in row, only more combinations.
Try this one, it is reversed martingale, i had 12 hits in row 3 times and 14 hits in row 1 time in last few days. multiplier 2.3 - 2.4X increase on win 90% switch hi-low on win start bet 1000 satoshi stop limit 0.04BTC (i didn't set stop limit and instead of winning 0.2 or more I won much less ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ) Balance - whatever you like, since you are not chasing loses with this one you can try it with 0.001btc - who knows, maybe you will hit it in first few rolls ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
Edit* typo.
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iluvbitcoins (OP)
Legendary
Offline
Activity: 2198
Merit: 1150
Freedom&Honor
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 03:41:37 PM |
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No, your each roll has 45.5% chance, combination of 3 rolls in row has 6.5% chance. You mean 49.5%? Yes, exactly ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The same as 16 bets in row, only more combinations.
Try this one, it is reversed martingale, i had 12 hits in row 3 times and 14 hits in row 1 time in last few days. multiplier 2.3 - 2.4X increase on win 90% switch hi-low on win start bet 1000 satoshi stop limit 0.04BTC (i didn't set stop limit and instead of winning 0.2 or more I won much less ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ) Balance - whatever you like, since you are not chasing loses with this one you can try it with 0.001btc - who knows, maybe you will hit it in first few rolls ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Yeahh, not gonna try, just playing this bonus, and giving up when I lose ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) @133 mbtc right now and @1% rollover ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Looking for a signature campaign.
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bajing
Legendary
Offline
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 04:23:15 PM |
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Okay, I was impulsive Deposited 0.1 BTCBut didn't go with 0.06, I was going with the same 0.000001 and Martingale until I win 0.03 Seemed okay, +30% which would be a 1.3 bet after losing 16 bets in a row But Lost 17 bets again o.o http://prntscr.com/gyydspAm I really that unlucky ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Should of cut losses right away ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Still have the bonus, I'll report back, but doing x40 won't happen lol If you do the same strategies it will make you broke because for get it back your lost, is needed more capital. I think using martingale can only be done once, so you have to accept the results obtained no matter win or lose. as I know using martingale over and over will not get a better result than before.
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