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[MonsterV]

If you lose on 1.01x and your balance gets decimated, you still have enough to make 9 bets with the same bet amount (though you can go with percentages and reduce that amount proportionately). The point is that it is highly unlikely (next to improbable) that you will see more than 3 losing rolls in a row on this multiplier. And that means the results of your rolls pretty quickly converge to house edge (i.e. you will be losing only the house edge at each bet on average), with the implication being that it is one of the best ways to boost your wagered amount without risking too much (other than the house edge, of course)

This should work when you want to increase you total wagering amount. Bet on 1.01 and never increase the multiplier even after a loss. The gambler shouldn't implement martingale. Because every time he has to increase the bet amount 100 times and that's so risky.

This strategy is helpful when you can win a prize more valuable than the amount you lose. That's not helpful when there are so many whales in the contest.

Indeed, martingale does not have to be applied in 1.01 bets, but it will take longer to recover our losses where we have to bet 10 times to recover the previous loss. We do not know too, whether for 10 rolls will win 10 in a row so that it returns the previous loss, lucky if yes but if not then we will bet 2x more than the previous bet.

Therefore, why martingale is important even though it is very risky, but as long as we don't run bets constantly and know when to stop, I'm sure we will avoid losing streak.

[BTCevo]

If you go all in with your 1.01 then you will definitely lose all your money, the strategy is not to do 1.01 with all your money, it is to do 1.01 with 10% of all your money, then if you lose use the rest, that way you can bet twice in a row for something like that, I have tried and tested it for years and there are few times when it hits loss twice in a row but its quite rare, so in the end you do make a loss but until you are all out of money it reaches to a decent level for the contest.

The less amount of money you use for the regular betting the more chance you can x10 after a loss, its not just luck, its also a safer option as well. Of course, it all depends on what you want, if you want profit this is not the place to look for it, this is gambling.

Even if you double it after loss, it does not really add up to when you are in losing streak. The recovery is take really slow, unless you are betting 10x or 100x when it is loss then you can recover some amount here plus the wager. But of course this strategy does not really reliable from the start because it sure does have some tiny hole that fits for house edgr which is hard for you to profit in the long term. But for wagering contest this strategy might be used to do some numbers

[WolfBet]

A few players are back in action, welcome back! And congratulations to all winners 

[khaled0111]

A few players are back in action, welcome back! And congratulations to all winners 

Congratulations to all the winners.
finity made it to the 3rd place in the last minutes and didn't see him coming maybe because High Rollers doesn' display bets in real time!

Indeed, martingale does not have to be applied in 1.01 bets, but it will take longer to recover our losses where we have to bet 10 times to recover the previous loss.

you have to bet more than 100x not 10x to recover your losses when you are making 1.01 bets.

[deisik]

If you lose on 1.01x and your balance gets decimated, you still have enough to make 9 bets with the same bet amount (though you can go with percentages and reduce that amount proportionately). The point is that it is highly unlikely (next to improbable) that you will see more than 3 losing rolls in a row on this multiplier. And that means the results of your rolls pretty quickly converge to house edge (i.e. you will be losing only the house edge at each bet on average), with the implication being that it is one of the best ways to boost your wagered amount without risking too much (other than the house edge, of course)

This should work when you want to increase you total wagering amount. Bet on 1.01 and never increase the multiplier even after a loss. The gambler shouldn't implement martingale. Because every time he has to increase the bet amount 100 times and that's so risky.

This strategy is helpful when you can win a prize more valuable than the amount you lose. That's not helpful when there are so many whales in the contest.

Indeed, martingale does not have to be applied in 1.01 bets, but it will take longer to recover our losses where we have to bet 10 times to recover the previous loss. We do not know too, whether for 10 rolls will win 10 in a row so that it returns the previous loss, lucky if yes but if not then we will bet 2x more than the previous bet

I agree with the post you replied to (that was a reply to my post)

We shouldn't and wouldn't use martingale in this setup. As I explained above, you pretty fast get to the house edge on 1.01x, which means that it won't take a lot of bets till you recover what you lost (minus the house edge obviously). In other words, if you make 100 bets, you will see that the number of losing bets comes pretty close to what you would expect from a 1.01 multiplier. You can be damn sure that on a long enough timeline (in fact, quite short for martingale), you will be losing only the house edge

[serjent05]

Indeed, martingale does not have to be applied in 1.01 bets, but it will take longer to recover our losses where we have to bet 10 times to recover the previous loss.

you have to bet more than 100x not 10x to recover your losses when you are making 1.01 bets.

If we use martingale x10000% on lose will gain us our losses in 1 roll but it is extremely risky because it will easily eat up your balance.  I experimented on this one with 100k satoshi rolling with 10 sats bet.  on lose it will multiply it by 100x and with that if I lose 3 times straight all my bankroll will be reduced to dusts.  It is interesting that it took me more than half a day before that 3 straight losses to kick in.

We shouldn't and wouldn't use martingale in this setup. As I explained above, you pretty fast get to the house edge on 1.01x, which means that it won't take a lot of bets till you recover what you lost (minus the house edge obviously). In other words, if you make 100 bets, you will see that the number of losing bets comes pretty close to what you would expect from a 1.01 multiplier. You can be damn sure that on a long enough timeline (in fact, quite short for martingale), you will be losing only the house edge

True! Whether using a multiplier to cope up with the needed win or normal martingale will  definitely make your bankroll depleted faster.

[batang_bitcoin]

I hopw wolf.bet will decided to add another new games because I think this will compete to the other gambling and for sure this will become better for the next few months.

What kind of game that would be? if you have a suggestion let them hear your thoughts regarding that as I also see that it's likely they are able. Some casino that mainly focuses with dice started to add some game too.
A crash? a slot or poker?

A few players are back in action, welcome back! And congratulations to all winners 

Welcome back and congratulations guys!

[panjul07]

Indeed, martingale does not have to be applied in 1.01 bets, but it will take longer to recover our losses where we have to bet 10 times to recover the previous loss. We do not know too, whether for 10 rolls will win 10 in a row so that it returns the previous loss, lucky if yes but if not then we will bet 2x more than the previous bet.

You need to win 100x of your bet amount if you lose on 1.01x to recover it or you have to get a 100x winning streak on the same payout. It is possible but the chance is very low to have 100 winning streak on 1.01x, you can even get several loses in 100 rolls as every single bet is independent even worst you can get losing streak on 1.01x which make it harder to recover.
If the main idea is to have more wager, I think you should have mixed strategy instead of using 1.01x all the time. Example, change the payout to 2x after lose in a hope to recover the lose in single bet. Of course it is risky but if you have enough money then I think it is better than using 1.01 all the time.

[GreatArkansas]

Anyone experience this on wolf.bet using autobet?
When I am doing autobet, look at the bet amount when I start autobet you can set the bet amount and when you stop it, it changes (based on last bet you made, depends on your configuration in autobet settings).
Sometimes, when I start the autbet again, sometimes I forget to check the bet amount, and sometime I will start the autobet on the high amount not on my previous starting bet amount.
I think it is much better to reset the bet amount to the default amount once the autobet stopped.

[Battareus]

Indeed, martingale does not have to be applied in 1.01 bets, but it will take longer to recover our losses where we have to bet 10 times to recover the previous loss. We do not know too, whether for 10 rolls will win 10 in a row so that it returns the previous loss, lucky if yes but if not then we will bet 2x more than the previous bet.

You need to win 100x of your bet amount if you lose on 1.01x to recover it or you have to get a 100x winning streak on the same payout. It is possible but the chance is very low to have 100 winning streak on 1.01x, you can even get several loses in 100 rolls as every single bet is independent even worst you can get losing streak on 1.01x which make it harder to recover.
If the main idea is to have more wager, I think you should have mixed strategy instead of using 1.01x all the time. Example, change the payout to 2x after lose in a hope to recover the lose in single bet. Of course it is risky but if you have enough money then I think it is better than using 1.01 all the time.

To return 1% I have to play 100 times with little risk, but 1% of these 100 times is rightfully owned by the site (house edge), so it’s better not to return the loss; it’s better to come up with something more effective, as you noticed the alternation of strategies should help after losing the game with small risk, but the subsequent game is a priori will be even more risky. It turns out that I have to rely on luck more and more.

[deisik]

Indeed, martingale does not have to be applied in 1.01 bets, but it will take longer to recover our losses where we have to bet 10 times to recover the previous loss. We do not know too, whether for 10 rolls will win 10 in a row so that it returns the previous loss, lucky if yes but if not then we will bet 2x more than the previous bet.

You need to win 100x of your bet amount if you lose on 1.01x to recover it or you have to get a 100x winning streak on the same payout. It is possible but the chance is very low to have 100 winning streak on 1.01x, you can even get several loses in 100 rolls as every single bet is independent even worst you can get losing streak on 1.01x which make it harder to recover

You seem to be missing a very important detail in the whole picture

Given enough rolls, the ratio of winning bets to losing ones on 1.01x will be like 99 to 1. You just should stay away from increasing your bet amount after the loss and let this ratio play out itself eventually. Thus having a winning streak of 100 rolls is what you will get on average with so small a multiplier (maybe, a little less than that due to the house edge). You simply can't have it any other way since otherwise you are not betting on 1.01x

Anyone experience this on wolf.bet using autobet?

Isn't it what you should in fact expect as the autobet settings are taken from the manual mode settings?

[sana54210]

The interesting part of the competition is that, 1000 dollars is given every single day, which means 30 thousand dollars per month.

Considering just the top 10 is around 10 btc which would have an average of 0.1 loss (%1 house edge) that is around 900 dollars or so, maybe a bit more with change, so the top 10 is not making the website a profit with expected loss, sure some may lose more than they should but some may win instead of losing as well, I am just talking about the average and top 10 is a loss for the website, the rest should be bringing the profits.

Having thousands of dollars in net loss for this competition is both risky since they will have to pay and if people lose more than they should then website is not "profiting" they are setting aside the money for future people who would win more than they should, its risky but looks like a good marketing.

[Battareus]

The interesting part of the competition is that, 1000 dollars is given every single day, which means 30 thousand dollars per month.

Considering just the top 10 is around 10 btc which would have an average of 0.1 loss (%1 house edge) that is around 900 dollars or so, maybe a bit more with change, so the top 10 is not making the website a profit with expected loss, sure some may lose more than they should but some may win instead of losing as well, I am just talking about the average and top 10 is a loss for the website, the rest should be bringing the profits.

Having thousands of dollars in net loss for this competition is both risky since they will have to pay and if people lose more than they should then website is not "profiting" they are setting aside the money for future people who would win more than they should, its risky but looks like a good marketing.

The site have an online inticator, never seen more than 100 people on the counter. Simple calculations of information about the draw with comparison of attendance fact aways show what declared numbers of the draw in similar topic titles are much higher but just to attract attention.

[fullhdpixel]

To return 1% I have to play 100 times with little risk, but 1% of these 100 times is rightfully owned by the site (house edge), so it’s better not to return the loss; it’s better to come up with something more effective, as you noticed the alternation of strategies should help after losing the game with small risk, but the subsequent game is a priori will be even more risky. It turns out that I have to rely on luck more and more.

You don't have to bet 100x to make it back, the odds are you can bet 50x of the initial bet and still be ahead of the curve after a loss, normally you should be losing once every 100 bets and even if you have like 5 in 300 if you just 50x after each loss you are doing fine. People still try to find a method that makes them money, this is not that method, as long as there is a house edge there is absolutely no method that can make you money.

Yet, if you try this method at least you can make a decent return. You can bet 10k satoshi each time on 1.01 and when you lose you can do 50k or even 100k if you can afford and that means it will take longer. Sure you can lose money in the end but it is a good method to gamble for a long long time, sometimes it takes DAYS before you lose.

[Battareus]

Yet, if you try this method at least you can make a decent return. You can bet 10k satoshi each time on 1.01 and when you lose you can do 50k or even 100k if you can afford and that means it will take longer. Sure you can lose money in the end but it is a good method to gamble for a long long time, sometimes it takes DAYS before you lose.

I don’t think that some player is pleased to realize that he will lose all in the end, especially if the game is in automatic mode, while he watching how the balance slowly decreases. Is not very interesting. If there was a game with a viazulization of the process (such as horse racing) that would be interesting to observe. But to sit and look at a decrease in balance for several days... Probably I'm bad gambler and most likely I don’t understand something.

[WolfBet]

Today's race has ended. Congratulations wolves!

[ahmadakbari]

Considering just the top 10 is around 10 btc which would have an average of 0.1 loss (%1 house edge) that is around 900 dollars or so, maybe a bit more with change, so the top 10 is not making the website a profit with expected loss, sure some may lose more than they should but some may win instead of losing as well, I am just talking about the average and top 10 is a loss for the website, the rest should be bringing the profits.

The website is definitely making profit. But not a big profit. They are now trying to bring more users to their website. Now it's more important to them than to make a big profit. That's why they are running a signature campaign and contests. Soon they will make big profits.

[TopTort777]

The interesting part of the competition is that
~snip~

They are too young to speak about huge profit. I think their goal (with expenses and losses) is to try to stand up and “gain a foothold” (used google translate, hope this is the right termine) among competitors.

[serjent05]

image snipped
Anyone experience this on wolf.bet using autobet?
When I am doing autobet, look at the bet amount when I start autobet you can set the bet amount and when you stop it, it changes (based on last bet you made, depends on your configuration in autobet settings).
Sometimes, when I start the autbet again, sometimes I forget to check the bet amount, and sometime I will start the autobet on the high amount not on my previous starting bet amount.
I think it is much better to reset the bet amount to the default amount once the autobet stopped.

I did and always experienced that since I always set my stop on loss  while doing martingale to keep me from losing a huge amount of bankroll.  It seems it stopped the last bet you did on the autoroll. , but one thing puzzled me, even if I do not use martingale, the stop on auto loss kick in after some series of losses.  So I am puzzled how this stop on loss works.

[khaled0111]

Anyone experience this on wolf.bet using autobet?
When I am doing autobet, look at the bet amount when I start autobet you can set the bet amount and when you stop it, it changes (based on last bet you made, depends on your configuration in autobet settings).

It happened to me too and made me lose more that what I planned. Now I am more careful when setting Auto Bet parameters.
If you refresh the page it will reset to default.

They are too young to speak about huge profit. I think their goal (with expenses and losses) is to try to stand up and “gain a foothold” (used google translate, hope this is the right termine) among competitors.

Prizes are part of their advertising budget and I expect the revenue to be much higher on the long run.