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Zaih
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September 29, 2013, 12:55:26 PM |
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Strategies don't exist Grats on doubling your coins though!
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Light
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September 29, 2013, 01:01:06 PM |
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Strategies don't exist Grats on doubling your coins though! Yeah, if it's truly random there isn't really a strategy that can adequately deal with variance, even with a giant bankroll.
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BitcoinLeader (OP)
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September 29, 2013, 01:05:29 PM |
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Nice link. I think I was just super lucky then.
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uoyeparannog
Member
Offline
Activity: 72
Merit: 10
Drunk Lunatic
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September 29, 2013, 01:24:44 PM |
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In fact martingale is the worst beting system for long run - usually works well for short ones (still with some risk, especially with too high inital bet), but will almost always rape Your ass totally if You'll try to rely on it for longer time. Non-progression based systems, or at least "weaker" progression is advised.
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b!z
Legendary
Offline
Activity: 1582
Merit: 1010
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September 29, 2013, 02:17:09 PM |
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In fact martingale is the worst beting system for long run - usually works well for short ones (still with some risk, especially with too high inital bet), but will almost always rape Your ass totally if You'll try to rely on it for longer time. Non-progression based systems, or at least "weaker" progression is advised.
Yet they won't work in the long run either. The only real 'strategy' to win in gambling is to be the house
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marcovaldo
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September 29, 2013, 02:18:40 PM |
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I have an other strategy, based on variance
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BITEX | ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███
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Birdy
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September 29, 2013, 02:18:57 PM Last edit: September 29, 2013, 03:33:11 PM by Birdy |
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In fact martingale is the worst beting system for long run - usually works well for short ones (still with some risk, especially with too high inital bet), but will almost always rape Your ass totally if You'll try to rely on it for longer time. Non-progression based systems, or at least "weaker" progression is advised.
There is no strategy involved in pure gambling games, it's chances and luck only. If you want strategy, you will have to play games like poker that aren't 100% luck (e.g. bluffing is possible)
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b!z
Legendary
Offline
Activity: 1582
Merit: 1010
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September 29, 2013, 02:20:13 PM |
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In fact martingale is the worst beting system for long run - usually works well for short ones (still with some risk, especially with too high inital bet), but will almost always rape Your ass totally if You'll try to rely on it for longer time. Non-progression based systems, or at least "weaker" progression is advised.
There is no involved in pure gambling games, it's chances and luck only. If you want strategy, you will have to play games like poker that aren't 100% luck (e.g. bluffing is possible) Poker is still based on odds. What are the chances that your hand is the best etc
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Birdy
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September 29, 2013, 02:24:59 PM |
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Poker is still based on odds. What are the chances that your hand is the best etc
True, the strategy part is rather small, but there is some.
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Meizirkki
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September 29, 2013, 02:29:34 PM |
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I did this too a year or two ago. I doubled my coins, then lost them all.
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marcovaldo
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September 29, 2013, 02:31:02 PM |
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I did this too a year or two ago. I doubled my coins, then lost them all.
This is usually what happens in the end when doing martingales
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BITEX | ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███
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gerXhonza
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September 29, 2013, 02:34:24 PM |
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I did this too a year or two ago. I doubled my coins, then lost them all.
This is usually what happens in the end when doing martingales True, you must know when stop gambling and enjoying the profits, or you loose all
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Meizirkki
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September 29, 2013, 02:36:04 PM |
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I did this too a year or two ago. I doubled my coins, then lost them all. This is usually what happens in the end when doing martingales I was unfortunate enough to think of this strategy myself before reading about it. Damn it was addictive, for a few days I was getting twice the income I get by working
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marcovaldo
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September 29, 2013, 02:42:09 PM |
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Wow, you should have stopped and go for a world trip
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hunnaryb
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September 29, 2013, 02:42:50 PM |
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I did this too a year or two ago. I doubled my coins, then lost them all. This is usually what happens in the end when doing martingales I was unfortunate enough to think of this strategy myself before reading about it. Damn it was addictive, for a few days I was getting twice the income I get by working Funny the bell in your head doesnt ring "If it sounds too good to be true, it is"
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marcovaldo
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September 29, 2013, 02:45:14 PM |
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I tried a martingale, lost 8 btc.
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BITEX | ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███ ███
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BitcoinLeader (OP)
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September 29, 2013, 02:50:38 PM |
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I tried a martingale, lost 8 btc. Ahw crapp ! The first time, I actually tried with 0.05 and I ended losing it after I got 0.10. I was betting Hi all the time. In the video you can see I switch Hi and Lo and ultimately it let me double up again. Probably just really lucky again but I'll try it again soon and make a video.
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marcovaldo
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September 29, 2013, 02:52:48 PM |
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Ok, good luck
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