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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 513962 times)
piebeyb
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December 11, 2023, 02:34:27 PM
 #27261

Martingale does not help a gambler win, it does not increase a gamblers chances of winning a game, if there is one thing I know martingale does, it helps empty your bankroll faster, this automatically disqualifies or disqualified Martingale from being a strategy, believe it or not, it's what I believe myself, and nothing can change that.
Yes, that's right, to be honest, if I remember using the Martingale, I remember when I was a beginner gambler at that time, I often used different strategies using the Martingale, for example setting how many rounds to choose for HI and several rounds for Low, but I tried various ways. to try to get winning results from every martingale strategy that I use but I run out of money when I lose in a row and that leaves 0 funds on my balance.

Since then I have never again tried to use the Martingale strategy, even though I have a lot of money, it will not succeed in producing consistent wins, sometimes we can get a win at the beginning but still if we continue it will have the same fate in the end it won't work and will only spend more money in a very short time. I've tried it before and I advise beginners not to use that strategy to play HI LO on this site

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December 11, 2023, 03:19:02 PM
 #27262

Martingale doesn't always fail though and I am living proof of that. It's a useless strategy in the long-term and will suck up your bankroll quickly, but it's actually pretty effective in the short-term if you play smartly.
I have seen bets placed on martingale strategy to be on a winning streak and if stopped right there the net profit might be good. But there is this habit of gamblers to not stop when having wins and so the reds will suddenly take over as the bet size keeps getting bigger and you are out of balance.

Quote
For example, Rollbit duel arena is a good place to execute this strategy in the short-term thanks to zero house edge.
Its a PvP game and we are mostly talking about the dice game on freebitco.in - I have seen blackjack players use doubling the base bet method on a loss for many of their games. So its not limited to dice games, but should be used with caution, because it is not guarantee of wins but only a method to use the remaining balance to try to maximize the lost money.

R


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December 11, 2023, 04:48:05 PM
 #27263

*Snip


Quote
For example, Rollbit duel arena is a good place to execute this strategy in the short-term thanks to zero house edge.
Its a PvP game and we are mostly talking about the dice game on freebitco.in - I have seen blackjack players use doubling the base bet method on a loss for many of their games. So its not limited to dice games, but should be used with caution, because it is not guarantee of wins but only a method to use the remaining balance to try to maximize the lost money.

You are right, there is actually a big difference between using a martingale in a pvp game and using it in a dice game, first of all, the notable difference is that pvp games like the one duelbit just launched is a game that comes with a zero house edge, and also, In some pvp games, your skill is what determines your wins and loses, though there are still some pvp games that are purely luck based.

But for the dice game, it's completely a luck based game, using martingale on such games is something I personally would recommend, it's one of the fastest ways to lose money, regardless that one could win big money if he or she is lucky while using this strategy, but in essence, I have not come across any gamblers who has a good testimony about martingale.

R


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December 11, 2023, 04:54:58 PM
 #27264

You are right, there is actually a big difference between using a martingale in a pvp game and using it in a dice game, first of all, the notable difference is that pvp games like the one duelbit just launched is a game that comes with a zero house edge, and also, In some pvp games, your skill is what determines your wins and loses, though there are still some pvp games that are purely luck based.

But for the dice game, it's completely a luck based game, using martingale on such games is something I personally would recommend, it's one of the fastest ways to lose money, regardless that one could win big money if he or she is lucky while using this strategy, but in essence, I have not come across any gamblers who has a good testimony about martingale.
Wrong. Martingale strategy doesn't depend on whether the game in question is a PvP or PvE game. It depends on the odds offered and the limits basically. Skill and luck do help with this strategy to a certain extent.

Also, Martingale does work effectively sometimes in the short-term though yolo gambling is my favorite strategy in the short-term.

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December 11, 2023, 06:37:47 PM
 #27265

I am not sure how but does everyone get 6 Hours Flash promo now and then?
I am surprised to see that I have received this promo 3 times in a row from alternate weeks. How is that possible? Or is it like I am wagering too much money these days? Lol. No that is not true, I am keeping everything normal but somehow I have gotten that flash promo 3 times and I just wanted to ask if this is any Christmas special promo that we are going to receive every week OR it is just that I was very lucky to get them. If I had dared to play in all of them then I could have easily received 30+ GT with Tier 2 level, 30+ WOF, and who knows more freebies from those spins too.

I tried to find out on the website itself but since there is no actual notification bar where we can understand whether this is part of any special deal I wanted to ask this here. Are you guys receiving it too? Like one flash promo every week?
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December 12, 2023, 12:52:05 AM
 #27266

You are right, there is actually a big difference between using a martingale in a pvp game and using it in a dice game, first of all, the notable difference is that pvp games like the one duelbit just launched is a game that comes with a zero house edge, and also, In some pvp games, your skill is what determines your wins and loses, though there are still some pvp games that are purely luck based.

But for the dice game, it's completely a luck based game, using martingale on such games is something I personally would recommend, it's one of the fastest ways to lose money, regardless that one could win big money if he or she is lucky while using this strategy, but in essence, I have not come across any gamblers who has a good testimony about martingale.
Wrong. Martingale strategy doesn't depend on whether the game in question is a PvP or PvE game. It depends on the odds offered and the limits basically. Skill and luck do help with this strategy to a certain extent.

Also, Martingale does work effectively sometimes in the short-term though yolo gambling is my favorite strategy in the short-term.

Martingale works in the beginning; I have used it quite some times on various times and always got away with it. Offcourse, it will go bad one day and that happened already to me 2 times so I quit doing it. It is such an easy strategy and sometimes I still think of using it, but most of the times I can hold myself from doing it.



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December 12, 2023, 03:39:55 AM
 #27267

I am not sure how but does everyone get 6 Hours Flash promo now and then?
I am surprised to see that I have received this promo 3 times in a row from alternate weeks. How is that possible? Or is it like I am wagering too much money these days? Lol. No that is not true, I am keeping everything normal but somehow I have gotten that flash promo 3 times and I just wanted to ask if this is any Christmas special promo that we are going to receive every week OR it is just that I was very lucky to get them. If I had dared to play in all of them then I could have easily received 30+ GT with Tier 2 level, 30+ WOF, and who knows more freebies from those spins too.

I tried to find out on the website itself but since there is no actual notification bar where we can understand whether this is part of any special deal I wanted to ask this here. Are you guys receiving it too? Like one flash promo every week?
I received it but not anymore for now, in my opinion, it's just a promo sent randomly to freebitcoin users and if you don't bet that much it could be the reason to make you bet more because when I received it it was in the same condition as you seem even worse because I haven't played here for a long time and only occasionally claim freerolls and also just to play my wheel of fortune from premium membership, so I think it's just to attract players to more active, but I don't know for sure because there are no rules mentioned regarding the account that an eligible to accepting this promotion is because not all players will accept the offer from this promotion.

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December 12, 2023, 05:22:34 AM
 #27268

Martingale works in the beginning; I have used it quite some times on various times and always got away with it. Offcourse, it will go bad one day and that happened already to me 2 times so I quit doing it. It is such an easy strategy and sometimes I still think of using it, but most of the times I can hold myself from doing it.
Exactly. Many people criticise it since it's a negative progression risky strategy which is totally understandable, but the fact is that it's the most popular gambling strategy out there since it's so easy to use.

I know people(Including me) who earned decent amounts using it by playing smartly in the short-term. High risk, high reward basically!

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December 12, 2023, 06:12:14 AM
 #27269

I placed a bet and I don't have any bets showing under "My Bets" or anything.

I can however see I placed a bet when I click leaderboard and view my weekly stat.

User #: 3272909

Fixed.  I see it now.  Maybe it was a time thing! *shrugs*

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December 12, 2023, 08:30:30 AM
 #27270

Finally! Another Flash Promo came, allowing me to reach my current personal record of 1200 Golden Tickets, and now surpass it by 31 Smiley

Not sure of how much more I should collect, it feels like an unhealthy obsession to keep getting more and more tickets every round but maybe I just take it easy for now. Good luck to me!!

img]https://i.ibb.co/ZS07X7s/image.png[/img]

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December 12, 2023, 10:26:04 AM
 #27271

Martingale works in the beginning; I have used it quite some times on various times and always got away with it. Offcourse, it will go bad one day and that happened already to me 2 times so I quit doing it. It is such an easy strategy and sometimes I still think of using it, but most of the times I can hold myself from doing it.
Exactly. Many people criticise it since it's a negative progression risky strategy which is totally understandable, but the fact is that it's the most popular gambling strategy out there since it's so easy to use.

I know people(Including me) who earned decent amounts using it by playing smartly in the short-term. High risk, high reward basically!
I don't understand how can one say that Martingale works in the beginning and not after, it's purely based on luck. We can have a newbie with brand new account, deposits and loses all the money after 10 Martingale rolls and then we can also have a newbie who deposits and wins impressively. It's just pure luck.
The reason Martingale is so popular is that it's the most logical strategy that anyone can imagine. You lose, want to get your lose back with profits, just double the bet and you get your lost amount back and win one times more.

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December 12, 2023, 12:06:39 PM
 #27272

Congratulations to the Ten Lucky Winners of Round 445

Join the Weekly Lottery: 10 FreeBitco.in Users Win a Share of the $7,500 BTC Prize Every Week.

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December 12, 2023, 12:15:17 PM
 #27273

Congratulations to the Ten Lucky Winners of Round 445

Join the Weekly Lottery: 10 FreeBitco.in Users Win a Share of the $7,500 BTC Prize Every Week.

Here Are the Ten Lucky Winners from Last Week (Round 445)


Like last week where almost 10 of the ticket lottery winners only had a small number of tickets, it looks good in fact I became convinced that the ticket rotation system works fairly without having to have a lot of tickets that won that weekly lottery prize, it doesn't guarantee that having a lot of tickets will win the weekly lottery, the essence is luck and that's why now I more often than not buy at least 2000 tickets every week.

It doesn't matter if you win or not, but in my opinion, buying 2000 tickets from free spins is no problem as long as there is a chance to win in the weekly lottery, I am also confident that I will have the opportunity to be part of the winners there even though I haven't gotten the free spin prize with numbers yet. 10000 for a $200 prize, but I believe the time will come to get that. congratulations to the winner

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December 12, 2023, 12:27:59 PM
Last edit: December 12, 2023, 03:16:04 PM by TheUltraElite
 #27274

I don't understand how can one say that Martingale works in the beginning and not after, it's purely based on luck.
It is just a sequence of when to increase the bet size. It has nothing to do with luck. < mistyped, it is all about luck. If you lose a bet and double your betting amount does it influence the next bet? It does not because the house edge remains same and it just a new bet every time, the seeds remain same.

It is easy to execute and thus popular and has become a stable first hand attempt at gambling by most newbies. Roll Eyes

For the serious people here, use it when you have nothing else to use and still want to make some money from what you have left.

R


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December 12, 2023, 01:34:35 PM
 #27275

It is just a sequence of when to increase the bet size. It has nothing to do with luck. If you lose a bet and double your betting amount does it influence the next bet? It does not because the house edge remains same and it just a new bet every time, the seeds remain same.
It has everything to do with luck. Bets are all independent of each other, but that doesn't mean that they aren't influenced by luck. If you encounter a long losing streak, you get screwed royally.

However, if you encounter a long winning streak, you could get rich overnight by doubling down on every bet and stopping at the right moment. Streaks <-> Luck!
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December 12, 2023, 03:01:57 PM
 #27276

Two day there is no premium free rols for me.... Would you make it possible or not? Until now you was fair... So I "lost"  11 WOF....
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December 12, 2023, 03:53:52 PM
 #27277

Martingale does not help a gambler win, it does not increase a gamblers chances of winning a game, if there is one thing I know martingale does, it helps empty your bankroll faster, this automatically disqualifies or disqualified Martingale from being a strategy, believe it or not, it's what I believe myself, and nothing can change that.
Yes, that's right, to be honest, if I remember using the Martingale, I remember when I was a beginner gambler at that time, I often used different strategies using the Martingale, for example setting how many rounds to choose for HI and several rounds for Low, but I tried various ways. to try to get winning results from every martingale strategy that I use but I run out of money when I lose in a row and that leaves 0 funds on my balance.

Since then I have never again tried to use the Martingale strategy, even though I have a lot of money, it will not succeed in producing consistent wins, sometimes we can get a win at the beginning but still if we continue it will have the same fate in the end it won't work and will only spend more money in a very short time. I've tried it before and I advise beginners not to use that strategy to play HI LO on this site
It was in fact this topic that I learned that even though the odds of someone losing martingale may look small, like how can someone lose 10 in a row 50% chance, that seems and feels low, the odds of someone getting it rises to nearly guaranteed to have one after a certain amount of bet.

It was thequin who shared it I think, like when you gamble 10+ thousand times like that, it becomes 50%+ chance to have at least one 10+ in a row loss, so that means the more you gamble with martingale the higher odds that you are eventually breaking the bank and that's what you should be avoiding at all times. I believe that people can keep on trying as much as possible but they are not going to get it anyway, and should stay away from it.

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December 12, 2023, 08:03:58 PM
 #27278

It was thequin who shared it I think, like when you gamble 10+ thousand times like that, it becomes 50%+ chance to have at least one 10+ in a row loss,
If the chance of winning a single bet is 50% and you play the game 10,000 times, there's a more than 99% chance that you have 10 consecutive losses.
Even if you play the game half of that (5,000 times), there's around 91% chance to have 10 consecutive losses.

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December 12, 2023, 08:05:40 PM
 #27279

It was thequin who shared it I think, like when you gamble 10+ thousand times like that, it becomes 50%+ chance to have at least one 10+ in a row loss,
If the chance of winning a single bet is 50% and you play the game 10,000 times, there's a more than 99% chance that you have 10 consecutive losses.
Even if you play the game half of that (5,000 times), there's around 91% chance to have 10 consecutive losses.

ok and how about the consecutive winners?
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December 12, 2023, 08:15:36 PM
 #27280

ok and how about the consecutive winners?
There's the same probability of consecutive wins, if the chance of winning a single bet is 50%.
If you play the game 10,000 times, there's a more than 99% chance that you have 10 consecutive wins at least one time.  

And this doesn't change the fact that with using martingale method, you don't increase your chance of winning.

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