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Author Topic: what position size for martingale?  (Read 2041 times)
smho_16
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December 13, 2016, 09:42:16 PM
 #21

If you play games of luck no matter how small your starting bet is you can go losing up to quite a lot of times. I am talking about online casinos as in real life Martingale work wonders (or should I say worked since land casinos put betting limits only to avoid the martingale guys). In real life if you flip your coin it cannot be 100x head or 100x tail as laws of mathematics and statistics don't permit that.

So I think martingale is out of the question that will bring to the user losses and is better to use it only in soccer up to 5-6 times with games with odds 2 or more, very difficult but not impossible.
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December 13, 2016, 09:51:53 PM
 #22

You can try martingale on our site http://crazybtrade.com

Please use 1.85x coef.
Chance of winning is really 50/50.

Good luck!

Are you saying you pay out 1.85 times the stake for a 50% chance of winning?

That's a huge 7.5% house edge.

Why would anyone want to play on such a site when every other site (except satoshidice) is offering 1% house edge games or better?

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December 13, 2016, 10:30:33 PM
 #23

Hey guys, what position size do you use for martingales

so far I've only ever had a 6x losing streak before I have to switch to random walk, this is because my position size starts out at 1% of the gambling capital

do you guys bet with .5% or even smaller? this would let you get to 7 or 8 losing but it also requires more turns to make any decent winnings, increasing your personal odds of getting a longer losing streak if you haven't encountered it before (although I understand the losing streak can happen at any time since this is all luck)

To be honest I think you are over thinking it. It's gambling, you will lose in the long run, and there is nothing you can do about it.
You should control you bankroll, so you don't lose money you shouldn't be gambling, but that's about it. The rest is all about trying to get luck, and get out when you get it. I prefer to bet from 5% to 10% of my bank, but I don't do martingale. Yes sometimes I double it, but not doing a strict martingale.

Normally I bet between those amounts I mention, and I try to double or go bust, period xD

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December 15, 2016, 08:03:17 AM
 #24

Hey guys, what position size do you use for martingales

so far I've only ever had a 6x losing streak before I have to switch to random walk, this is because my position size starts out at 1% of the gambling capital

do you guys bet with .5% or even smaller? this would let you get to 7 or 8 losing but it also requires more turns to make any decent winnings, increasing your personal odds of getting a longer losing streak if you haven't encountered it before (although I understand the losing streak can happen at any time since this is all luck)

To be honest I think you are over thinking it. It's gambling, you will lose in the long run, and there is nothing you can do about it.
You should control you bankroll, so you don't lose money you shouldn't be gambling, but that's about it. The rest is all about trying to get luck, and get out when you get it. I prefer to bet from 5% to 10% of my bank, but I don't do martingale. Yes sometimes I double it, but not doing a strict martingale.

Normally I bet between those amounts I mention, and I try to double or go bust, period xD
Seems like I am not lucky enough in gambling but still I love to do it, I have tried different method in gambling base on the reviews of the people who have experience it and one of them is martingale, however non of them works in the long run. So simply, I just stop the method and just stay on the very conventional way which is flat betting.

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December 15, 2016, 11:08:50 AM
 #25

Hey guys, what position size do you use for martingales

so far I've only ever had a 6x losing streak before I have to switch to random walk, this is because my position size starts out at 1% of the gambling capital

do you guys bet with .5% or even smaller? this would let you get to 7 or 8 losing but it also requires more turns to make any decent winnings, increasing your personal odds of getting a longer losing streak if you haven't encountered it before (although I understand the losing streak can happen at any time since this is all luck)

To be honest I think you are over thinking it. It's gambling, you will lose in the long run, and there is nothing you can do about it.
You should control you bankroll, so you don't lose money you shouldn't be gambling, but that's about it. The rest is all about trying to get luck, and get out when you get it. I prefer to bet from 5% to 10% of my bank, but I don't do martingale. Yes sometimes I double it, but not doing a strict martingale.

Normally I bet between those amounts I mention, and I try to double or go bust, period xD
Seems like I am not lucky enough in gambling but still I love to do it, I have tried different method in gambling base on the reviews of the people who have experience it and one of them is martingale, however non of them works in the long run. So simply, I just stop the method and just stay on the very conventional way which is flat betting.
Thats should how to treat gambling mate dont trust or use strategy that you arent the one who created it because those practice already been expected by the house sytem better to use your own one and trust your luck martin fails is for short term use for those whos contented with small winnings and can go away after hitting small earnings.

.

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December 16, 2016, 05:30:31 AM
 #26

I use BTC0.001 as my starting amount in a 5 streak martingale in dice, if that amount will reach to BTC0.01 then stop or if my whole bankroll loses whichever comes first. That is just my way in dice games but in sports betting I do flat betting, with a fix amount and a bigger bets, normally my minimum bet is BTC0.01.

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December 16, 2016, 07:42:02 AM
 #27

I saw a streak of 20 losses yesterday at 49.5% chance to win per roll.

It happened on Just-Dice, so I know the rolls are fair (I wrote the code).

Luckily the player was able to afford a 21st roll, and ended up winning:




wow i never thought of losingn 20 time straight at rate of almost 1/2. the max losing streak i ever had is just 16 at 53.1%





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Script3d
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December 16, 2016, 08:01:21 AM
 #28

Everything is possible with long Martini session. Not only bet size matters, but also - according to Deep Math - amount of "rolls" (vide CPC). Usualy I use even as low bet as 0.01% of bankroll. IMO Martini is bad choice for long run, like all other progression-based systems by the way.
this would not work unless you have a huge amount of bankroll like 100. and your right martingale is bad choice at long round because the site always win on long term martingale. there are alot of strategies out there why would you stick on martingale

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December 16, 2016, 12:21:06 PM
 #29

Position size for martingale would depend on how much bankroll do you have and losing streaks would depend on how high your multiplier is. I do experience 60x losing streak on dice since I do set the odds to get the multiplier of 60x which could really suffer you from long streak lose because the winning chance is too low. If you are referring on losing streak on 50% then I experience 15x.



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December 16, 2016, 01:02:11 PM
 #30

I would never ever recommend people to bet using martingale. There have been many cases where people lost their entire bankroll when they lost more than 10 times in a row. You may win bits by bits most of the time but it will take one losing streak to wipe out all of your bankroll. Then it would be too late to regret.

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December 16, 2016, 01:13:15 PM
 #31

~snip~
wow i never thought of losingn 20 time straight at rate of almost 1/2. the max losing streak i ever had is just 16 at 53.1%
Get 20 streak loses at 49.95% or 2x multiplier is normal. I had 28 streak loses at that win chance back then (The highest streak loses is 32 from someone until now).

~snip~
this would not work unless you have a huge amount of bankroll like 100.
No matter how big your bankroll, if you using martinshit strategy, you'll ended busted/lose.


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50
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dunfida
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December 16, 2016, 02:09:34 PM
 #32

~snip~
wow i never thought of losingn 20 time straight at rate of almost 1/2. the max losing streak i ever had is just 16 at 53.1%
Get 20 streak loses at 49.95% or 2x multiplier is normal. I had 28 streak loses at that win chance back then (The highest streak loses is 32 from someone until now).

~snip~
this would not work unless you have a huge amount of bankroll like 100.
No matter how big your bankroll, if you using martinshit strategy, you'll ended busted/lose.


28x lossing streak of yours is truly scary and i believe you have a higher bankroll with a less basebet that you could able to sustain upto 28x streak which is very long already and its a very rare thing for me since my max lose streak is only 19-20x on 49.95 chance and that makes my bankroll vanished in an instant.You're right no matter how big or small if you use martingale it doesnt guarantee you.






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chixka000
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December 16, 2016, 02:25:54 PM
 #33

I love to use martiangle and add the paroli system this can reduce my losing streak. For example paroli system usually came in when you win 3x streak or lose one time. But when you add the two things up. starting betting a higher amount bet 3x whether a win or lose then go back to base bet i don't why but i just love this type of tactic


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milewilda
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December 16, 2016, 02:41:16 PM
 #34

I love to use martiangle and add the paroli system this can reduce my losing streak. For example paroli system usually came in when you win 3x streak or lose one time. But when you add the two things up. starting betting a higher amount bet 3x whether a win or lose then go back to base bet i don't why but i just love this type of tactic
Using paroli system together with martingale do work sometimes or shall we say most of the time depending on how you use it but still you will got busted on the long run.I do also use this kind of tactics in the past but i lost too much because i become too greedy when im using this method because i do experience huge lossing streak then im trying to chase up thats why i lose even more.Martingale or any other methods doesn't work in the long run.

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December 16, 2016, 04:40:50 PM
 #35

I love to use martiangle and add the paroli system this can reduce my losing streak. For example paroli system usually came in when you win 3x streak or lose one time. But when you add the two things up. starting betting a higher amount bet 3x whether a win or lose then go back to base bet i don't why but i just love this type of tactic
Using paroli system together with martingale do work sometimes or shall we say most of the time depending on how you use it but still you will got busted on the long run.I do also use this kind of tactics in the past but i lost too much because i become too greedy when im using this method because i do experience huge lossing streak then im trying to chase up thats why i lose even more.Martingale or any other methods doesn't work in the long run.
Lets face it if we are playing luck games we wont be able to succeed using martingale or any other strategy that same goal but if we can manage to keep changing your style even its look like the same way but the amount of earnings or winning has been change then provably if we can quit right away and enjoy the success of your own ways of martingale to take your winnings.

.

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December 19, 2016, 02:44:07 AM
 #36

I normally start with 0.0000001 - 0.000001 with a 1.25% on lose is normally what i do for plinko 1 drops or dice 80% high.



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Rainbot
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BlockEye
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December 19, 2016, 04:05:10 AM
 #37

~snip~
wow i never thought of losingn 20 time straight at rate of almost 1/2. the max losing streak i ever had is just 16 at 53.1%
Get 20 streak loses at 49.95% or 2x multiplier is normal. I had 28 streak loses at that win chance back then (The highest streak loses is 32 from someone until now).


I think it is not 32. I already experience 40 loes streak on PD. I'm just lucky that i didn't used martingle that time and just bet on a fixed price. The number of losing streak is unpredictable. It can be a long and exceeds based on what we expected because it is just a probability game.

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

personally i didn't recommend martingle for long run strategy. But i used it just for a short period with huge bet. once i double my money then i stop using it. I'm just holding on my luck.  Grin

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milewilda
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December 19, 2016, 07:21:22 AM
 #38

I love to use martiangle and add the paroli system this can reduce my losing streak. For example paroli system usually came in when you win 3x streak or lose one time. But when you add the two things up. starting betting a higher amount bet 3x whether a win or lose then go back to base bet i don't why but i just love this type of tactic
Using paroli system together with martingale do work sometimes or shall we say most of the time depending on how you use it but still you will got busted on the long run.I do also use this kind of tactics in the past but i lost too much because i become too greedy when im using this method because i do experience huge lossing streak then im trying to chase up thats why i lose even more.Martingale or any other methods doesn't work in the long run.
Lets face it if we are playing luck games we wont be able to succeed using martingale or any other strategy that same goal but if we can manage to keep changing your style even its look like the same way but the amount of earnings or winning has been change then provably if we can quit right away and enjoy the success of your own ways of martingale to take your winnings.
It really depends on what kind of gambler you are and on how you gonna utilize or combine those ways or methods.It may really work since we could do adjustments on our bets and could decide on which method you will use on a particular situation.It may work for sometime and does also depend on your luck most of the time.

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jamyr
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January 04, 2017, 05:06:20 PM
 #39

You can try martingale on our site http://crazybtrade.com

Please use 1.85x coef.
Chance of winning is really 50/50.

Good luck!

Are you saying you pay out 1.85 times the stake for a 50% chance of winning?

That's a huge 7.5% house edge.

Why would anyone want to play on such a site when every other site (except satoshidice) is offering 1% house edge games or better?

Answers to why,

1. Not everybody is well informed of alternatives.
Ex. Facebook user post a false win, attracts player, newbies most of the time.
2. Money talks.
Signature campaign of crazybtrade.

I wish this guy cr__y_t__de go on vacation instead of Dean.
EdenHazard
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January 04, 2017, 10:23:20 PM
 #40

You can try martingale on our site http://crazybtrade.com

Please use 1.85x coef.
Chance of winning is really 50/50.

Good luck!

Are you saying you pay out 1.85 times the stake for a 50% chance of winning?

That's a huge 7.5% house edge.

Why would anyone want to play on such a site when every other site (except satoshidice) is offering 1% house edge games or better?
lol yes it must be at 1.98 for 50/50 chance if you have 1 percent house edge like any other provably fair games , nobody will play on a game with that high house edge and do martingale on it , it just a really bad idea.

except slots machine with around 10 to 20 percent house edge, but still will never work for any martingale betting system.

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