Bitcoin Forum
September 18, 2019, 09:18:35 PM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Martingale strategy in Sports Betting  (Read 332 times)
libert19
Full Member
***
Offline Offline

Activity: 798
Merit: 110


First 100% Liquid Stablecoin Backed by Gold


View Profile WWW
February 13, 2019, 08:56:15 AM
 #1

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?

1568841515
Hero Member
*
Offline Offline

Posts: 1568841515

View Profile Personal Message (Offline)

Ignore
1568841515
Reply with quote  #2

1568841515
Report to moderator
1568841515
Hero Member
*
Offline Offline

Posts: 1568841515

View Profile Personal Message (Offline)

Ignore
1568841515
Reply with quote  #2

1568841515
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1568841515
Hero Member
*
Offline Offline

Posts: 1568841515

View Profile Personal Message (Offline)

Ignore
1568841515
Reply with quote  #2

1568841515
Report to moderator
malcovi2
Member
**
Offline Offline

Activity: 174
Merit: 13


View Profile
February 13, 2019, 09:09:07 AM
 #2

good team, less profits though. Even in sports betting, its not a guaranteed fool-proof strat.
Yaunfitda
Sr. Member
****
Offline Offline

Activity: 1148
Merit: 270



View Profile
February 13, 2019, 11:03:01 AM
Merited by Royse777 (2), nydiacaskey01 (1), carlfebz2 (1), peter0425 (1), btc_angela (1)
 #3

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?

I think this has been discussed many years ago.


Personally, I don't like Martingale System specially in sports betting, might better if you just parlays.


           ▄▄██████▄▄                  ▄▄▄█████▄▄▄
        ▄██████████████▄           ▄▄███████████████▄
      ▄██████████████████▄       ▄████████████████████▄
     █████████▀▀▀▀█████████▄   ▄██████████▀▀▀▀██████████
   ███████▀        ▀█████▀ ▄███████████▀       ▀████████
  ▄█▄█████▀           ▀█▀ ▄███████████▀          ▀███████▌
▄█████▄███              ▄███████████▀             ███████▌
  ▀█▀█████▄           ▄███████████▀ ▄▄           ▄███████▌
   ███████▄        ▄███████████▀ ▄████▄        ▄████████
     █████████▄▄▄▄███████████▀  ▄█████████▄▄▄▄██████████
      ▀████████████████████▀     ▀████████████████████▀
       ▀███████████████▀▀         ▀████████████████▀
          ▀▀▀██████▀▀                ▀▀███████▀▀▀
CryptoMania            ▄▄ ▄▄▄▄▄▄
           ▐██████████▄▄██▌
▄▄▄ ▄▄▄▄▄ ▄████████████████▄▄
████████████  ▄█████████████▄▄
▐███████████▌  █████████▀█████████
 ██▀▀ ██████ ▄████████▌▀▀ ▄███████▌
     ██████▐█████████  ▄███████▀▀
    ▐█████████████████▄███████
    ████████████████████████
    ▐████████████████████████
   ▄███▄▐███  ▄█████▄███████▄███▄
  ▐██ ██▐███ ▐███ ███▌ ███ ▐██ ██
   ▀███▄▐███ ▐███ ███▌ ███  ▀███▄
   ██▄█▀▐█████▀█████▀  ███  ██▄█▀

The Real Slots
████████████████████████████████████████████████   ████████████████████████████  ██████████████  ███████   ████
Experience on-chain

.
  $




.
  $
carlfebz2
Hero Member
*****
Offline Offline

Activity: 1246
Merit: 525



View Profile
February 13, 2019, 11:13:11 AM
 #4


Personally, I don't like Martingale System specially in sports betting, might better if you just parlays.
I would rather bet on parlays than on doing martingale and I have tried it for a couple times but it seems this strategy would only fitted fast pace games like dice and other
similar games but for sportsbetting I don't think it would really be appealing.IMHO.

 
  

      ▄▄██▄▄                         █▄▄
   ▄▄██████████▄▄                     █████    
▄█████████████████▄                   █████    ███▄▄
 ▀█████▀▀ ██████████          ▄▄██▄▄  █████    █████          ▄▄██▄▄                 ▄▄██▄▄
    ▀     ██████████      ▄▄███████████████    ████      ▄▄██████████▄▄         ▄▄██████████▄▄
          ██████████   ▄███████████████████    █████   ▄██████████████████▄   ▄██████████████████
       ▄▄████████▀▀    ████████████████████    █████   █████████████████▀▀    ███████▀▀  ▀▀███████
   ▄▄████████▀▀        ████████████████████    █████   ███████████████        █████        █████
▄█████████▀            █████████▀▀█████████    █████   █████████▀▀████        ███████▄▄  ▄▄███████
██████████             ██████▀      ▀██████    █████   ██████▀      ▀█  ▄▄█   ███████████████████▀
█████████   ▄▄█▄▄     ██████▄      ▄██████    █████   ██████▄      ▄██████   ███████████████▀▀
██████████▄████████▄   █████████▄▄█████████    █████   █████████▄▄█████████   ███████████▀▀
 ▀▀██████████████▀▀     ▀▀██████████████▀▀     █████    ▀▀██████████████▀▀     ▀▀██████████▄▄
     ▀▀██████▀▀             ▀▀██████▀▀         ▀▀███        ▀▀██████▀▀             ▀▀██████▀▀
         ▀▀                     ▀▀                 ▀            ▀▀                     ▀▀
━━━━
━━━━━
━━━━
Royse777
Hero Member
*****
Offline Offline

Activity: 784
Merit: 953


On SALE: https://bit.ly/33avSYu


View Profile
February 13, 2019, 11:17:54 AM
 #5


Personally, I don't like Martingale System specially in sports betting, might better if you just parlays.
I would rather bet on parlays than on doing martingale and I have tried it for a couple times but it seems this strategy would only fitted fast pace games like dice and other
similar games but for sportsbetting I don't think it would really be appealing.IMHO.
I have no idea about this martingale strategy. I tried to adopt with different strategies but every-time I end up losing money hehe

I am not sure how this people all around makes money with gambling but when I gamble I play it for fun and I am ok with the lose. I am planning to gamble a little in the upcoming world cup cricket match. By the way, I gamble in sports not in those casino games.

~snip~
+2 merit for the investigation.

Cheers :-)

░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░████████████▄▄░░░░░░░░░░░░░░░░░
░░░░░███░░░░░░░░▀███░░░░░░░░░░░░░░░░
░░░░░███░░░░░░░░░███░░░░░░░░░░░░░░░░
░░░░░███░░░░░░░░▄██▀░░░░░░░░░░░░░░░░
░░░░░███████████████████████████░░░░
░░░░░███░░░░░░░░▀██▄░░░███░░░░░░░░░░
░░░░░███░░░░░░░░░███░░░███░░░░░░░░░░
░░░░░███░░░░░░░░▄███░░░███░░░░░░░░░░
░░░░░████████████▀▀░░░░███░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░███░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░███░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░███░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
.BitTrade.
████
████
████
████
████
████
████
████
████
████
████
████
████
████
████
████
⬤ Stock Market
⬤ Bonds
⬤ Currencies
⬤ Gold
⬤ NBA
⬤ NFL
btc_angela
Sr. Member
****
Offline Offline

Activity: 924
Merit: 270



View Profile
February 13, 2019, 11:29:53 AM
 #6


Personally, I don't like Martingale System specially in sports betting, might better if you just parlays.
I would rather bet on parlays than on doing martingale and I have tried it for a couple times but it seems this strategy would only fitted fast pace games like dice and other
similar games but for sportsbetting I don't think it would really be appealing.IMHO.

Right, I haven't check the links though, but you need a lot of money just to used martingale in a sports bets so I don't know if this will fit others which bankroll is limited. I know that there's a lot of discussions of this system, and unless you haven't try in let's say dice games, you won't appreciate it's true (or not) effectiveness.

BitDice[]               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
swogerino
Legendary
*
Offline Offline

Activity: 1456
Merit: 1025


KnowNoBorders.io


View Profile
February 13, 2019, 11:40:59 AM
 #7

Only professional gamblers, tipsters and the so can make it win but only sometimes. Martingale has a bad history of making people lose money. I never seen anyone supporting this strategy yet but in my beginning I was also fashioned by it.

The results for me were poor as almost anybody else.

   ▄▄██████▄▄
  ████████████
███▄▄
 ██████████████▀▀▀██▄
████████████████   ▀██▄
████████████████     ▀██
██████████████       ██▌
██████████████        ▐██
██▌▀▀██████▀▀         ▐██
▐██                   ██▌
 ██▄                 ▄██
  ▀██▄             ▄██▀
    ▀██▄▄▄     ▄▄▄██▀
      ▀▀█████████▀▀
MAIN CLUB
PARTNER of
W A T F O R D  FC
Industry Leading Crypto Sportsbook
|
SPECIAL
WATFORD FC
PROMOTIONS
|
UNIQUE
CONTENT &
GIVEAWAYS
|
▄▄█████████▄▄
▄█████████████████▄
▄██████████▀▀▀▀███████▄
▄█████████▀     ████████▄
▄██████████   ████████████▄
█████████        ██████████
█████████▄▄   ▄▄███████████
███████████   █████████████
▀██████████   ████████████▀
▀█████████   ███████████▀
▀████████▄▄▄██████████▀
▀█████████████████▀
▀▀█████████▀▀
.PLAY  HERE.
[/t
peter0425
Sr. Member
****
Offline Offline

Activity: 952
Merit: 292


★777Coin.com★ Fun BTC Casino!


View Profile
February 13, 2019, 12:37:54 PM
Last edit: February 13, 2019, 12:50:03 PM by peter0425
 #8

Only professional gamblers, tipsters and the so can make it win but only sometimes. Martingale has a bad history of making people lose money. I never seen anyone supporting this strategy yet but in my beginning I was also fashioned by it.

The results for me were poor as almost anybody else.
Exactly, this type of system is good in the beginning only, and if you continue to used it specially in sports book it will hurt you eventually. I have tried this system so many times, that I can conclude that you will lose money in the end specially if greed and you don't have control of your emotions.

izanagi narukami
Legendary
*
Offline Offline

Activity: 1932
Merit: 1027



View Profile
February 13, 2019, 12:48:01 PM
 #9

Well sometimes gambling can't you expect because it's totally unpredictable.

We already aware that sometimes great team able been defeat by loser team.
When you're playing on dice using winning chance 90%, are you able to achieve profit from it ?

Let's think about it !
avikz
Legendary
*
Offline Offline

Activity: 1386
Merit: 1173


FortuneJack.com


View Profile
February 13, 2019, 01:13:34 PM
 #10

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?

Martingale is a strategy developed in France back in 18th century. It is mainly a technique to recover losses one is incurring from previous bets. It is highly risky and I personally don't prefer this strategy in my gambling activities.

Quote
You bet on a good team, it will win eventually. No?

Not necessarily! It surely increases your chance of winning but there's no assurance! If you apply Martingale strategy in any gambling activity including sports betting, it either increase your losses or recover it. So it's all a game of luck at the end of the day where no strategy works perfectly unless you are lucky!



████████████████████████████
████████▀▀ █▀ █▀ ▀██████████
█████████▄ ▄▄▄▄▄▄███████████
██████████▀     ▀  ▀████████
███████▀ ▀  ▄█▀▀▀█▀▀████████
██████▄      █▄  ▀▀  ▀██████
██████         ▄▄█▄ ▄ ▀█████
█████ ▄         ▀▀ ▄ ▀ █████
██████▌          █▀█▀ ▐█████
███████  ▄▌         ▄ ██████
████████▄█         ▄████████
█████████▀     ▄▄ ▄█████████
████████████████████████████
.JACKMATE'S...........
.
MAJESTIC..
████████████████████████
███████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
.
..WIN 1 BITCOIN ON EVERY PREMIER LEAGUE MATCHDAY..
████████████████████████████████
████████████▀█▀ ▀█▀█▀███████████
███████████▄ ▄▄▄▄▄▄▄████████████
███████████▀▀▄▄▄▄▄▄▄▄███████████
█████████▀▄ ██▀▄▄▄ ▀ ▄▀█████████
███████▀ ▀█████▄▄▄█▄▄▄██████████
███████▀▄████████▀  ▀█ █▐███████
███████ ▀█████████▄█▀▀██ ███████
████████ ███▀██████ ▄ ██ ███████
████████▌▐▀▄ ██████████ ▄███████
█████████▄██▌▐█████▀██ █████████
████████████▄▀▀▀▀▀▄ ▀▄██████████
████████████████████████████████
.
.JOIN US - IT'S FREE! .
Caladonian
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 540


View Profile
February 13, 2019, 02:07:13 PM
 #11

It's been discuss and there's some forum members also try using the system, the question here would be the type of sports gambling and how huge your bankroll, giving you an example, if you will play for GSW as a favorite from this NBA league, the odds would not be so friendly to you, so you need to compute the funds that you'll going to allocate after certain loses happened.

We do have differences with how we take the system for our own benefits, just need to consider all those aspects that will affect your system and
reassess other's points of view to build better foundations.
Betwrong
Legendary
*
Offline Offline

Activity: 1596
Merit: 1072



View Profile
February 13, 2019, 02:45:24 PM
 #12

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?

Eventually it will, but when exactly we have no way of knowing. Now, when betting on a good team your multiplier is more likely to be x1.1. If you lost $10 fist time, you have to bet $100 next time in order to get even. If you lost second time in a row, your next bet should be $1,000 for the same reasons as before. And if you lose for the third time, you are broke, in case you don't want to continue this madness risking to be even more broke.

Compare this to dice game, when you are betting with 90% win chance. You will win eventually, no? Of course you will. But, as you can see, the situation is exactly the same.

████████████████████████████
████████▀▀ █▀ █▀ ▀██████████
█████████▄ ▄▄▄▄▄▄███████████
██████████▀     ▀  ▀████████
███████▀ ▀  ▄█▀▀▀█▀▀████████
██████▄      █▄  ▀▀  ▀██████
██████         ▄▄█▄ ▄ ▀█████
█████ ▄         ▀▀ ▄ ▀ █████
██████▌          █▀█▀ ▐█████
███████  ▄▌         ▄ ██████
████████▄█         ▄████████
█████████▀     ▄▄ ▄█████████
████████████████████████████
.JACKMATE'S...........
.
MAJESTIC..
████████████████████████
███████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
.
..WIN 1 BITCOIN ON EVERY PREMIER LEAGUE MATCHDAY..
████████████████████████████████
████████████▀█▀ ▀█▀█▀███████████
███████████▄ ▄▄▄▄▄▄▄████████████
███████████▀▀▄▄▄▄▄▄▄▄███████████
█████████▀▄ ██▀▄▄▄ ▀ ▄▀█████████
███████▀ ▀█████▄▄▄█▄▄▄██████████
███████▀▄████████▀  ▀█ █▐███████
███████ ▀█████████▄█▀▀██ ███████
████████ ███▀██████ ▄ ██ ███████
████████▌▐▀▄ ██████████ ▄███████
█████████▄██▌▐█████▀██ █████████
████████████▄▀▀▀▀▀▄ ▀▄██████████
████████████████████████████████
.
.JOIN US - IT'S FREE! .
bering
Legendary
*
Offline Offline

Activity: 1652
Merit: 1004



View Profile
February 13, 2019, 03:12:23 PM
 #13

I don't think martingale strategy will be popular and succesfull to implement on sport betting since people have bad experience during use this strategy that martingale was already used for almost all of gambling games from different people but eventually most of them got busted even deep lost and i was really doubt if you use it for your sport betting then it will working well

          ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
.WINDICE.████
██
██
██
██
██
██
██
██
██
██
██
██
████
      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀

██
██
██
██
██
██
██
██
██
██
██
██
     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀

██
██
██
██
██
██
██
██
██
██
██
██
                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████


▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
iePlay Nowei
[/cente
kryptqnick
Legendary
*
Offline Offline

Activity: 1400
Merit: 1055


KnowNoBorders.io


View Profile
February 13, 2019, 03:56:02 PM
 #14

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?
In dice, sometimes martingale can lead to winning, but the strategy is extremely dangerous, so trying it not worth the risks. The reason for that is that it's very easy to lose everything with it. However, I believe that in a hypothetical situation in which a person has infinite bankroll, it's a winning strategy, since eventually you will win. As for sports betting, I think applying martingale is even harder. Let's say you bet on team A and lose. Then you double the bet on team A. The thing is that, unlike with dice, there are no clear odds of winning. Moreover, the situation changes, because team A playing against team B is different from team A playing against team C. With the odds changing and you not knowing them for sure, I think it makes martingale in sports betting even more dangerous.

   ▄▄██████▄▄
  ████████████
███▄▄
 ██████████████▀▀▀██▄
████████████████   ▀██▄
████████████████     ▀██
██████████████       ██▌
██████████████        ▐██
██▌▀▀██████▀▀         ▐██
▐██                   ██▌
 ██▄                 ▄██
  ▀██▄             ▄██▀
    ▀██▄▄▄     ▄▄▄██▀
      ▀▀█████████▀▀
MAIN CLUB
PARTNER of
W A T F O R D  FC
Industry Leading Crypto Sportsbook
|
SPECIAL
WATFORD FC
PROMOTIONS
|
UNIQUE
CONTENT &
GIVEAWAYS
|
▄▄█████████▄▄
▄█████████████████▄
▄██████████▀▀▀▀███████▄
▄█████████▀     ████████▄
▄██████████   ████████████▄
█████████        ██████████
█████████▄▄   ▄▄███████████
███████████   █████████████
▀██████████   ████████████▀
▀█████████   ███████████▀
▀████████▄▄▄██████████▀
▀█████████████████▀
▀▀█████████▀▀
.PLAY  HERE.
[/t
harizen
Legendary
*
Offline Offline

Activity: 1652
Merit: 1152


View Profile
February 13, 2019, 08:29:20 PM
 #15

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

It can be effective "at some of the cases". Generally it's not effective to majority but it doesn't mean it has 0 chances to win. Case to case basis indeed.

I did that (somehow similar) in Directbet back then in NBA games. As a long time NBA enthusiast, that's my advantage. Im playing with @1.6 - @1.8 odds (not a literal x2 when lose). It's quiet impossible for me to lose 5 or more times in a row so the strategy is quiet effective, again "at some of the cases". Don't play on random betting since you cared for your capital.

But again, it's not recommended for those who are just trying to chase wins. My sports betting experience in basketball is purely to maintain winning stats whatever the odds is.

Again case to case basis. Don't force yourself in a strategy that is not effective to you.

shield132
Hero Member
*****
Online Online

Activity: 1232
Merit: 542


In bit we sler, Bitsler


View Profile
February 13, 2019, 08:46:41 PM
 #16

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?
I was thinking about that too, not a bad idea and near to higher possibility of win at some point. Let's take FC barcelona for example, bet only on this team and only on one league (la league). And I think about two options, stop betting after 80% of matches are played and your last bet won or follow fully and stop game on last match, continue from old condition to new season start.

romero121
Legendary
*
Offline Offline

Activity: 1568
Merit: 1019


World's Best Fully Featured Cryptocurrency Casino


View Profile
February 14, 2019, 03:15:25 AM
Merited by G2z_Riya (1)
 #17

For sports betting I feel anti martingale strategy to be better than the martingale strategy, because the loss continues if the strategy doesn't work. With anti martingale the loss at least gets minimized as we go with higher bets only after winning and decrease the bet value whenever we face a loss.




.




  ▄▄▄▄▄▄▄▄▄▄▄▄▄
▄████████▀▀▀▀███▄
███████▀     ████
███████   ███████
█████        ████
███████   ███████
▀██████   ██████▀
  ▀▀▀▀▀   ▀▀▀▀▀

  ▄▄▄▄▄▄▄▄▄▄▄▄▄
▄██▀▀▀▀▀▀▀▀▀▀▀██▄
██    ▄▄▄▄▄ ▀  ██
██   █▀   ▀█   ██
██   █▄   ▄█   ██
██    ▀▀▀▀▀    ██
▀██▄▄▄▄▄▄▄▄▄▄▄██▀
  ▀▀▀▀▀▀▀▀▀▀▀▀▀

            ▄▄▄
█▄▄      ████████▄
 █████▄▄████████▌
▀██████████████▌
  █████████████
  ▀██████████▀
   ▄▄██████▀
    ▀▀▀▀▀

    ██  ██
  ███████████▄
    ██      ▀█
    ██▄▄▄▄▄▄█▀
    ██▀▀▀▀▀▀█▄
    ██      ▄█
  ███████████▀
    ██  ██




               ▄
       ▄  ▄█▄ ▀█▀      ▄
      ▀█▀  ▀   ▄  ▄█▄ ▀█▀
███▄▄▄        ▀█▀  ▀     ▄▄▄███       ▐█▄    ▄█▌   ▐█▌   █▄    ▐█▌   ████████   █████▄     ██    ▄█████▄▄   ▐█████▌
████████▄▄           ▄▄████████       ▐███▄▄███▌   ▐█▌   ███▄  ▐█▌      ██      █▌  ▀██    ██   ▄██▀   ▀▀   ▐█
███████████▄       ▄███████████       ▐█▌▀██▀▐█▌   ▐█▌   ██▀██▄▐█▌      ██      █▌   ▐█▌   ██   ██          ▐█████▌
 ████████████     ████████████        ▐█▌    ▐█▌   ▐█▌   ██  ▀███▌      ██      █▌  ▄██    ██   ▀██▄   ▄▄   ▐█
  ████████████   ████████████         ▐█▌    ▐█▌   ▐█▌   ██    ▀█▌      ██      █████▀     ██    ▀█████▀▀   ▐█████▌
   ▀███████████ ███████████▀
     ▀███████████████████▀
        ▀▀▀█████████▀▀▀
FIND OUT MORE AT MINTDICE.COM
Little Mouse
Member
**
Offline Offline

Activity: 350
Merit: 67

★Bitvest.io★ Play Plinko or Invest!


View Profile
February 14, 2019, 03:19:29 AM
 #18

Sports bet are easy but little risky too. You may bet on a good team and eventually win but what if you lose? That will be a huge loss, in fact 5/6 times more than your profit. So, you won $100 from 4 bets and lose $150 on one bet. That's the risk.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
nydiacaskey01
Legendary
*
Offline Offline

Activity: 1638
Merit: 1033


Bitsler.com


View Profile
February 14, 2019, 03:36:18 AM
 #19

I'm thinking of the using this strategy for those NBA teams that are going through a loosing streak like example is the Los Angeles Lakers who is now on a 2 game loosing streak or maybe the Miami Heat which is on a 3 game loosing streak. I'm thinking of placing a bet on their next game. I noticed the stats of New York Knicks and Phoenix Suns, zero wins in the last 10 games.

virasog
Legendary
*
Offline Offline

Activity: 1288
Merit: 1001


★777Coin.com★ Fun BTC Casino!


View Profile
February 14, 2019, 04:35:17 AM
 #20

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?

Martingale strategy is obsolete and i don't think anyone is gaining good profit from it. For the sports betting, it is a common perception that if we bet on the stronger team we will win always. Although it is true but there is no grantee for this also.
I have seen many games where the stronger teams loses on a day and it makes a lot of sports betting people big loss. We should be careful in sport bets and only bet in selected games where we know that a chances of certain team can win are more than 80%.

Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!