marlboroza
Legendary
Offline
Activity: 1932
Merit: 2270
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March 14, 2018, 10:49:45 PM |
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The more you play, the more are the chances of winning.
Gambler's fallacy.
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serjent05
Legendary
Offline
Activity: 2884
Merit: 1258
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March 16, 2018, 01:52:18 AM |
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The more you play, the more are the chances of winning.
Gambler's fallacy. This is not a fallacy but indeed a proven fact. You know gambling is a game of chance. This only means, the more you play flipping the coin or whatever, the more chance of the coin landing on the face where you bet. He stated chances not a sure winning ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . This is like saying, the more we talk the more chances of mistakes.
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| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
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Arkham Knight
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2018, 07:39:06 AM |
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I've tried that strategy and it works for a short time only. It still ended my plays to losses because it's running online. Even there's only two sides to choose from and you stick on that specific side for 40x, I was shocked that it just continuously picked the other side.
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CryptoProphet (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 04:37:25 AM |
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I've tried that strategy and it works for a short time only. It still ended my plays to losses because it's running online. Even there's only two sides to choose from and you stick on that specific side for 40x, I was shocked that it just continuously picked the other side.
Report. I playing here more and more. What you think friends? No lost! Only winning.. loss has been max 6 in row. Because is really provably fair system! You can try this method. Regards.
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Bitfort
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 952
Merit: 339
invest trade and gamble wisely
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March 30, 2018, 04:48:22 AM Last edit: March 30, 2018, 05:15:59 AM by Bitfort |
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I've tried that strategy and it works for a short time only. It still ended my plays to losses because it's running online. Even there's only two sides to choose from and you stick on that specific side for 40x, I was shocked that it just continuously picked the other side.
Report. I playing here more and more. What you think friends? No lost! Only winning.. loss has been max 6 in row. Because is really provably fair system! You can try this method. Regards. Sometimes it takes awhile. But one of these days ... BAM ... and you'll be like ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) , ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) There is no question whether it will happen. The only question is when this is going to happen. True is people needs to get hit hard to learn a lesson. Just keep going. EDIT Question: What did you do after 6 loses in a row? The next bet must have been over the max. bet limit. I'm starting to feel this is just shill topic to promote the site.
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MY HINTs ◄M► MINING ◄G► GAMBLING ◄E► EXCHANGE
| ◄E► (KCS) Kucoin-Staking, Auto-Lending, Trading-Bot ◄E► (BNB) Binance-Staking, Savings, 10% RefBack ◄E► (TRX) Poloniex-Staking, Lending, Fee Discount ◄E► (LEO) Bitfinex-Staking, Auto-Lending
| ◄G► Betfury-Faucet, Dividend Earnings (BFG holders, mine BFG by playing) ◄G► Bitvest - Faucet, Bankroll Invest ◄G► CryptoGames-Faucet, Lotto ◄G► PrimeDice-Faucet
| ◄M► Prohashing (Multipool)-Payout in any coin, get 0.50% bonus for 30 days ◄M► MiningRigRentals (Marketplace)-buy hashrate or rent your miners ◄M► Viabtc (Pool)-payout to Coinex (exchnage) without fees
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serjent05
Legendary
Offline
Activity: 2884
Merit: 1258
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 04:57:45 AM |
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I've tried that strategy and it works for a short time only. It still ended my plays to losses because it's running online. Even there's only two sides to choose from and you stick on that specific side for 40x, I was shocked that it just continuously picked the other side.
Report. I playing here more and more. What you think friends? No lost! Only winning.. loss has been max 6 in row. Because is really provably fair system! You can try this method. Regards. Sometimes it takes awhile. But one of these days ... BAM ... and you'll be like ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) , ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) There is no question whether it will happen. The only question is when this is going to happen. True is people needs to get hit hard to learn a lesson. Just keep going. Indeed, I wanted to see more of the report. I hope you keep on playing for a longer session, though I believe you know the way to limit your loses. I have tested this martingale method, and winning but eventually I stopped to book the winnings. There is no such thing as forever winning, we need at some point to stop to make sure that we will not lose what we had earned from our previous gambling sessions.
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| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
▄▄███████▄▄ ▄██████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀
▀▀▀▀███████▀▀▀▀ | | EUROPE | AFRICA LATIN AMERICA | | | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
███████▄█ ███████▀ ██▄▄▄▄▄░▄▄▄▄▄ █████████████▀ ▐███████████▌ ▐███████████▌ █████████████▄ ██████████████ ███▀███▀▀███▀ | . Download on the App Store | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
▄██▄ ██████▄ █████████▄ ████████████▄ ███████████████ ████████████▀ █████████▀ ██████▀ ▀██▀ | . GET IT ON Google Play | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ |
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CryptoProphet (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 05:40:55 AM |
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I've tried that strategy and it works for a short time only. It still ended my plays to losses because it's running online. Even there's only two sides to choose from and you stick on that specific side for 40x, I was shocked that it just continuously picked the other side.
Report. I playing here more and more. What you think friends? No lost! Only winning.. loss has been max 6 in row. Because is really provably fair system! You can try this method. Regards. Sometimes it takes awhile. But one of these days ... BAM ... and you'll be like ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) , ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) There is no question whether it will happen. The only question is when this is going to happen. True is people needs to get hit hard to learn a lesson. Just keep going. EDIT Question: What did you do after 6 loses in a row? The next bet must have been over the max. bet limit. I'm starting to feel this is just shill topic to promote the site. Dude, see it 1 bet = 0.0001 lost (even) 2 bet = 0.0002 lost (even) 3 bet = 0.0004 lost (even) 4 bet = 0.0008 lost (even) 5 bet = 0.0016 lost (odd) no need change!!! 6 bet = 0.0032 lost (even) 7 bet = 0.005 WON! I think 6 lose in row because I changed bet #5 to ODD. this is not shill topic.
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CryptoProphet (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 05:47:39 AM |
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Indeed, I wanted to see more of the report. I hope you keep on playing for a longer session, though I believe you know the way to limit your loses. I have tested this martingale method, and winning but eventually I stopped to book the winnings. There is no such thing as forever winning, we need at some point to stop to make sure that we will not lose what we had earned from our previous gambling sessions.
Agree with you. Need take pause ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) after winnings series. every gambler know it if he is not newbie in gambling. But sometime can't stop.. you know this too
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milewilda
Legendary
Offline
Activity: 3150
Merit: 1138
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March 30, 2018, 06:14:32 AM |
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Indeed, I wanted to see more of the report. I hope you keep on playing for a longer session, though I believe you know the way to limit your loses. I have tested this martingale method, and winning but eventually I stopped to book the winnings. There is no such thing as forever winning, we need at some point to stop to make sure that we will not lose what we had earned from our previous gambling sessions.
Agree with you. Need take pause ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) after winnings series. every gambler know it if he is not newbie in gambling. But sometime can't stop.. you know this too This should really be done on which we do mind on taking break after a winning as all people do advice on here not all times are winning time which there would always be a risk on busting all of those winnings on an instant this is why we should be smart on securing those profits even though it is small but atleast you did able to get out but well those amounts would be used again on gambling and dont expect to have a similar result since theres no thing on this gambling world on where you can able to make constant wins not matter how good your strategy is.
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Don Pedro Dinero
Legendary
Offline
Activity: 1344
Merit: 1555
The first decentralized crypto betting platform
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March 30, 2018, 06:24:40 AM |
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The more you play, the more are the chances of winning.
Gambler's fallacy. This is not a fallacy but indeed a proven fact. That’s nonsense. The more you play the more likely it is you are going to lose money, as the average mathematical expected return is negative, and the negative percentage compounds with each bet. This only means, the more you play flipping the coin or whatever, the more chance of the coin landing on the face where you bet.
Fallacy explained several times on this forum. Each individual bet is independent from the previous results.
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Bitfort
Sr. Member
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Offline
Activity: 952
Merit: 339
invest trade and gamble wisely
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 06:51:40 AM |
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I've tried that strategy and it works for a short time only. It still ended my plays to losses because it's running online. Even there's only two sides to choose from and you stick on that specific side for 40x, I was shocked that it just continuously picked the other side.
Report. I playing here more and more. What you think friends? No lost! Only winning.. loss has been max 6 in row. Because is really provably fair system! You can try this method. Regards. Sometimes it takes awhile. But one of these days ... BAM ... and you'll be like ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) , ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) There is no question whether it will happen. The only question is when this is going to happen. True is people needs to get hit hard to learn a lesson. Just keep going. EDIT Question: What did you do after 6 loses in a row? The next bet must have been over the max. bet limit. I'm starting to feel this is just shill topic to promote the site. Dude, see it 1 bet = 0.0001 lost (even) 2 bet = 0.0002 lost (even) 3 bet = 0.0004 lost (even) 4 bet = 0.0008 lost (even) 5 bet = 0.0016 lost (odd) no need change!!! 6 bet = 0.0032 lost (even) 7 bet = 0.005 WON! I think 6 lose in row because I changed bet #5 to ODD. this is not shill topic. Ok then, let's do some quick calc. 0.0001 + 0.0002 + 0.0004 + 0.0008 + 0.0016 + 0.0032 + 0.005 = 0.0113 (your total bet) How much you won? My guess 0.0099 (1.98 x 0.005) So you sent them 0.0113 and they sent you back 0.0099 (not mentioning the tx fees) How is this profit? I don't get it.
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MY HINTs ◄M► MINING ◄G► GAMBLING ◄E► EXCHANGE
| ◄E► (KCS) Kucoin-Staking, Auto-Lending, Trading-Bot ◄E► (BNB) Binance-Staking, Savings, 10% RefBack ◄E► (TRX) Poloniex-Staking, Lending, Fee Discount ◄E► (LEO) Bitfinex-Staking, Auto-Lending
| ◄G► Betfury-Faucet, Dividend Earnings (BFG holders, mine BFG by playing) ◄G► Bitvest - Faucet, Bankroll Invest ◄G► CryptoGames-Faucet, Lotto ◄G► PrimeDice-Faucet
| ◄M► Prohashing (Multipool)-Payout in any coin, get 0.50% bonus for 30 days ◄M► MiningRigRentals (Marketplace)-buy hashrate or rent your miners ◄M► Viabtc (Pool)-payout to Coinex (exchnage) without fees
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CryptoProphet (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 07:05:11 AM |
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Ok then, let's do some quick calc. 0.0001 + 0.0002 + 0.0004 + 0.0008 + 0.0016 + 0.0032 + 0.005 = 0.0113 (your total bet) How much you won? My guess 0.0099 (1.98 x 0.005)
So you sent them 0.0113 and they sent you back 0.0099 (not mentioning the tx fees) How is this profit? I don't get it.
Your calculation is right! I explain.. Profit of this series 0.0099-0.0113= - 0.0014 BCH. Fees 1 cent each bet. What you think next?.. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes, winnings series.. and -0.0014 BCH was been changed to positive profit. well!
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Bitfort
Sr. Member
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Offline
Activity: 952
Merit: 339
invest trade and gamble wisely
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 07:21:54 AM |
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Ok then, let's do some quick calc. 0.0001 + 0.0002 + 0.0004 + 0.0008 + 0.0016 + 0.0032 + 0.005 = 0.0113 (your total bet) How much you won? My guess 0.0099 (1.98 x 0.005)
So you sent them 0.0113 and they sent you back 0.0099 (not mentioning the tx fees) How is this profit? I don't get it.
Your calculation is right! I explain.. Profit of this series 0.0099-0.0113= - 0.0014 BCH. Fees 1 cent each bet. What you think next?.. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes, winnings series.. and -0.0014 BCH was been changed to positive profit. well! I don't follow. Is this mean you are playing in series and once you reach the max bet ( and you are in loss that series ) then you just reset your stats? Or the next series you begin with bet equal to previous series loss? Isn't that sufficient proof your system is not working?
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MY HINTs ◄M► MINING ◄G► GAMBLING ◄E► EXCHANGE
| ◄E► (KCS) Kucoin-Staking, Auto-Lending, Trading-Bot ◄E► (BNB) Binance-Staking, Savings, 10% RefBack ◄E► (TRX) Poloniex-Staking, Lending, Fee Discount ◄E► (LEO) Bitfinex-Staking, Auto-Lending
| ◄G► Betfury-Faucet, Dividend Earnings (BFG holders, mine BFG by playing) ◄G► Bitvest - Faucet, Bankroll Invest ◄G► CryptoGames-Faucet, Lotto ◄G► PrimeDice-Faucet
| ◄M► Prohashing (Multipool)-Payout in any coin, get 0.50% bonus for 30 days ◄M► MiningRigRentals (Marketplace)-buy hashrate or rent your miners ◄M► Viabtc (Pool)-payout to Coinex (exchnage) without fees
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Saidmod
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 07:28:02 AM |
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Ok then, let's do some quick calc. 0.0001 + 0.0002 + 0.0004 + 0.0008 + 0.0016 + 0.0032 + 0.005 = 0.0113 (your total bet) How much you won? My guess 0.0099 (1.98 x 0.005)
So you sent them 0.0113 and they sent you back 0.0099 (not mentioning the tx fees) How is this profit? I don't get it.
Your calculation is right! I explain.. Profit of this series 0.0099-0.0113= - 0.0014 BCH. Fees 1 cent each bet. What you think next?.. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes, winnings series.. and -0.0014 BCH was been changed to positive profit. well! I don't follow. Is this mean you are playing in series and once you reach the max bet ( and you are in loss that series ) then you just reset your stats? Or the next series you begin with bet equal to previous series loss? Isn't that sufficient proof your system is not working? You got a point there wherein if you reach the max how could it be continued. Its not that good to start with your previous high bet. A fact that not everyone who bets is not capable of doing martingle strategy. It may work with those use small amounts as starting pot thats only possible.
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NeuroticFish
Legendary
Offline
Activity: 3710
Merit: 6427
Looking for campaign manager? Contact icopress!
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 07:30:43 AM |
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So you sent them 0.0113 and they sent you back 0.0099 (not mentioning the tx fees)
I don't get it why people play in the way the have to pay tx fee for each and every bet. I find that counterproductive, even with such low tx fees. Martingale "works" if the casino edge is 0%, there are no other fees, player has infinite money and the casino has no imposed max-bet limit. Since these are never met (all of them), sooner or later Martingale will disappoint you. It's just a matter of time. How is this profit? I don't get it.
Who need math when he had fun? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And now really, gambling is about having some fun, not about getting rich.
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CryptoProphet (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 07:35:22 AM |
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Ok then, let's do some quick calc. 0.0001 + 0.0002 + 0.0004 + 0.0008 + 0.0016 + 0.0032 + 0.005 = 0.0113 (your total bet) How much you won? My guess 0.0099 (1.98 x 0.005)
So you sent them 0.0113 and they sent you back 0.0099 (not mentioning the tx fees) How is this profit? I don't get it.
Your calculation is right! I explain.. Profit of this series 0.0099-0.0113= - 0.0014 BCH. Fees 1 cent each bet. What you think next?.. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes, winnings series.. and -0.0014 BCH was been changed to positive profit. well! I don't follow. Is this mean you are playing in series and once you reach the max bet ( and you are in loss that series ) then you just reset your stats? Or the next series you begin with bet equal to previous series loss? Isn't that sufficient proof your system is not working? You got a point there wherein if you reach the max how could it be continued. Its not that good to start with your previous high bet. A fact that not everyone who bets is not capable of doing martingle strategy. It may work with those use small amounts as starting pot thats only possible. If I reach max bet, I begin with min bet again and get profit in the next series.. I want say that was been 1 time and bet #7 won. Basic losses 3-4 in row, no more.. this is my statistic
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Bitfort
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 952
Merit: 339
invest trade and gamble wisely
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 07:55:11 AM |
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... Who need math when he had fun? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And now really, gambling is about having some fun, not about getting rich. Fully agree, I see it same. This topic started as quite innocent experiment (though it's proven this is not working I accept OP want's to explore it personaly) but later turned into "c'mon guys I have working solution, try it as well ..." This is how I see it now and what bugs me. He could lure some members to try it and lose their funds. I don't like that.
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MY HINTs ◄M► MINING ◄G► GAMBLING ◄E► EXCHANGE
| ◄E► (KCS) Kucoin-Staking, Auto-Lending, Trading-Bot ◄E► (BNB) Binance-Staking, Savings, 10% RefBack ◄E► (TRX) Poloniex-Staking, Lending, Fee Discount ◄E► (LEO) Bitfinex-Staking, Auto-Lending
| ◄G► Betfury-Faucet, Dividend Earnings (BFG holders, mine BFG by playing) ◄G► Bitvest - Faucet, Bankroll Invest ◄G► CryptoGames-Faucet, Lotto ◄G► PrimeDice-Faucet
| ◄M► Prohashing (Multipool)-Payout in any coin, get 0.50% bonus for 30 days ◄M► MiningRigRentals (Marketplace)-buy hashrate or rent your miners ◄M► Viabtc (Pool)-payout to Coinex (exchnage) without fees
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CryptoProphet (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 08:11:43 AM |
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... Who need math when he had fun? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And now really, gambling is about having some fun, not about getting rich. Fully agree, I see it same. This topic started as quite innocent experiment (though it's proven this is not working I accept OP want's to explore it personaly) but later turned into "c'mon guys I have working solution, try it as well ..." This is how I see it now and what bugs me. He could lure some members to try it and lose their funds. I don't like that. I don't lure any member to try it but my statistic and my own experiment show that this strategy really works. Also 0.0001..0.005BCH is not big amount for lose because you can't be reach max bet.. This is fact
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Caladonian
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 08:21:40 AM |
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... Who need math when he had fun? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And now really, gambling is about having some fun, not about getting rich. Fully agree, I see it same. This topic started as quite innocent experiment (though it's proven this is not working I accept OP want's to explore it personaly) but later turned into "c'mon guys I have working solution, try it as well ..." This is how I see it now and what bugs me. He could lure some members to try it and lose their funds. I don't like that. I don't lure any member to try it but my statistic and my own experiment show that this strategy really works. Also 0.0001..0.005BCH is not big amount for lose because you can't be reach max bet.. This is fact Very well that you said that OP, its your own position that your experiment works for you and we can't really say that it will also work for everyone, the fact that the system itself have different result from each game that we have, just let it that way and enjoy your game OP, more luck and success to your strategy.
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CryptoProphet (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2018, 08:32:21 AM |
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... Who need math when he had fun? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And now really, gambling is about having some fun, not about getting rich. Fully agree, I see it same. This topic started as quite innocent experiment (though it's proven this is not working I accept OP want's to explore it personaly) but later turned into "c'mon guys I have working solution, try it as well ..." This is how I see it now and what bugs me. He could lure some members to try it and lose their funds. I don't like that. I don't lure any member to try it but my statistic and my own experiment show that this strategy really works. Also 0.0001..0.005BCH is not big amount for lose because you can't be reach max bet.. This is fact Very well that you said that OP, its your own position that your experiment works for you and we can't really say that it will also work for everyone, the fact that the system itself have different result from each game that we have, just let it that way and enjoy your game OP, more luck and success to your strategy. In the anyway we can't really say that it will be don't work for everyone. Thanks for wishing luck to me ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Ok, I think need create video clip with my experience and you can see it. what software need use for record screen video?
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