Janation
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August 03, 2019, 12:11:49 AM |
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I don't usually use my money but here's what I am doing that is the same as yours.
I go to gambling sites that have faucets and use that Sats to gamble some of my time. It is a small amount so the only thing I am wasting here is my time. I bet that Sats but not all of them and if I doubled or make a huge increase of that, I stop and go back the other day. Then I gamble again and use Martingale in the longer run. Here's what happened, I lost all of them in 1 day, I was carried away and I Martingale'd away those. It may give you some profits but there is always that time when those losing streaks will not just let you leave.
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aioc
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August 03, 2019, 12:34:42 AM |
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Some example, you deposit 100 USD, you use martingale method to gain at least 1 dollar (1%) and you stop, and do the same the day after
This is just a random example I made right now, but I want to see if there's someone who try to use a strategy to gain very small profits daily instead of trying with big bets
And guys, I know there's no 100% strategy, it's just curiosity
i think yours is a good strategy already, there will always a time that you are successful using a martingale, if you can stop or quit after winning at least $1 or 1% then that would be ok, one of the problem gamblers are facing is the temptation to go ahead when they are having a winning run, if you can control that then you could win and make your investment grow.
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deisik
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August 03, 2019, 05:31:19 AM |
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Some example, you deposit 100 USD, you use martingale method to gain at least 1 dollar (1%) and you stop, and do the same the day after
This is just a random example I made right now, but I want to see if there's someone who try to use a strategy to gain very small profits daily instead of trying with big bets
And guys, I know there's no 100% strategy, it's just curiosity
i think yours is a good strategy already, there will always a time that you are successful using a martingale, if you can stop or quit after winning at least $1 or 1% then that would be ok, one of the problem gamblers are facing is the temptation to go ahead when they are having a winning run, if you can control that then you could win and make your investment grow I think we can call it another gambler's fallacy As I got it, the idea is that when you reach your daily target (like 1%), you call it a day for that day and continue the next day, with the assumption being that you thus change the overall odds in your favor. In simple terms, you don't as it doesn't matter how long you have to wait till the next roll But what does matter here is how quick you reach the target, i.e. how risky your bets are. If you reach it fast, you will just as fast bust, in a day or two. On the other hand, if you grind along, then it makes more sense to get 1% daily by small wins. But that essentially means rolling all day long
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bitgolden
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August 04, 2019, 08:59:53 AM |
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I don't usually use my money but here's what I am doing that is the same as yours.
I go to gambling sites that have faucets and use that Sats to gamble some of my time. It is a small amount so the only thing I am wasting here is my time. I bet that Sats but not all of them and if I doubled or make a huge increase of that, I stop and go back the other day. Then I gamble again and use Martingale in the longer run. Here's what happened, I lost all of them in 1 day, I was carried away and I Martingale'd away those. It may give you some profits but there is always that time when those losing streaks will not just let you leave.
You just gave me a very good idea and this is likely what I would be doing henceforth. At least playing with free faucet , one has nothing to loose and it will also help us disciplined in playing since its free but one small challenge with this, is that the game might not stay for long before the few faucets gets exhausted and this can actually be very frustrating and not disciplined would make us top the game by adding more or buying more stakes. Not easy bro, I think the first step is to learn to be disciplined, I have imagined myself using this method but I know deep down that It will not work for me because definitely, I would be tempted to play more, that temptation is normal and very common especially when playing with little money.
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Betwrong
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August 05, 2019, 06:55:28 AM |
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~ I know that not everyone would like it because it's a different approach to gambling. It's not for entertainment purposes but possible profiting. It's just a suggestion, and the topic is about low profit daily. How would you even achieve that without some strategy? ~
If the aim is to earn low profits daily, gambling is the least suitable tool for achieving that. Nevertheless, if one finds it entertaining, why not to try? After all, any strategy can fail at some point, and the strategy when you earn each day 1% of your balance is no different. There is a possibility of it working for years, and surely you will not lose your balance faster than in 100 days while strictly following this strategy.
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deisik
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August 05, 2019, 07:17:54 AM |
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If the aim is to earn low profits daily, gambling is the least suitable tool for achieving that. Nevertheless, if one finds it entertaining, why not to try? After all, any strategy can fail at some point, and the strategy when you earn each day 1% of your balance is no different. There is a possibility of it working for years, and surely you will not lose your balance faster than in 100 days while strictly following this strategy 1% daily is actually a huge amount For starters, that is 30% monthly (without compounding). If it was in fact possible to earn so much without busting in less than no time, casinos would be ruined as quick (as there would be no lack of people trying to exploit this strategy). The truth is, if you are going for that target, your bets will be risky as hell, and the possibility of running it for years is really minuscule. More likely, you are going to lose your balance in a couple of weeks if not days
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August 05, 2019, 07:30:02 AM Last edit: August 05, 2019, 07:41:16 AM by TheUltraElite |
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Not easy bro, I think the first step is to learn to be disciplined, I have imagined myself using this method but I know deep down that It will not work for me because definitely, I would be tempted to play more, that temptation is normal and very common especially when playing with little money.
Think of it this way - if someone is disciplined enough, would they ever gamble with their money or try to earn money in a more decent and regular manner? So you have your answer now. An addicted gambler is an addict because they have no discipline. Compare that to the professional gambler, they are not gamblers at all because they have discipline. Why is that so? Because these "professional" gamblers dont gamble at all, it just a public show of gambling - those games are sponsored games for the casino to get a good PR and nothing more. So you could go with low profits or high profits, it wont matter. In the end you will be losing more than you will win.
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crwth
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August 05, 2019, 10:53:38 AM |
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~snip
If the aim is to earn low profits daily, gambling is the least suitable tool for achieving that. Nevertheless, if one finds it entertaining, why not to try? After all, any strategy can fail at some point, and the strategy when you earn each day 1% of your balance is no different. There is a possibility of it working for years, and surely you will not lose your balance faster than in 100 days while strictly following this strategy. That's true; it's not ideal, but it's a challenge that you could do for yourself to have a goal. I don't know. I just thought of that, and I'm not sure if it could be done, but you might as well try. There's never an assurance that a strategy can stick and never fail; it's just that you could lessen the probability by changing the factors most of the time. Additional 1% every day would be huge; it's up to luck if you could do it.
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michellee
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August 05, 2019, 11:29:57 AM |
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Strategy is important thing needs of gambler how to gain their miney bet from samll amount unti biggest amount but I believe isn't a 100 percent to earn profits we know the irsk playing gamlbling have possible to lose our money bet so depends on the luck of the player to gain their money.
Yes, having a strategy will be important but the important strategy is how we can use small money in gambling and don't spend much money because we will difficult to win any games. I think that will be more realistic to the gamblers because besides of prevent from losing much money, they can prevent the greediness which will come to them if they can win the games. And they can also prevent the addicting that will also come to them in the long term.
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panjul07
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August 05, 2019, 12:03:18 PM |
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I will never use gambling as a way to make daily profit even weekly or monthly. But if you want to do so then you should have daily max lose too, reaching 1% profit sounds really easy but in fact we may not reach it although we have lost all our money. High possibility you will end up in an addiction if you do it daily but for sure it depends on yourself to control your mind while doing it. You know that gambling is the fastest way to make profit but dont forget that it is also the fastest way to lose your money as well. Imagine if you start with $100 to gain $1 but you lose it all in your first day, it means that you need 100 consecutive days if you keep on the strategy to make $1 daily.
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justdimin
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August 05, 2019, 02:59:57 PM |
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Some example, you deposit 100 USD, you use martingale method to gain at least 1 dollar (1%) and you stop, and do the same the day after
This is just a random example I made right now, but I want to see if there's someone who try to use a strategy to gain very small profits daily instead of trying with big bets
And guys, I know there's no 100% strategy, it's just curiosity
i think yours is a good strategy already, there will always a time that you are successful using a martingale, if you can stop or quit after winning at least $1 or 1% then that would be ok, one of the problem gamblers are facing is the temptation to go ahead when they are having a winning run, if you can control that then you could win and make your investment grow. I would say that this isn’t even possible considering that $1 is a very small amount of money to make a profit. I understand it is just for example but the reality is that this strategies could give very little money as profit at the beginning, though safe to use. But trust me as a player with great desires, you would definitely see the money as too small compared to what you desire to make, this is the reason why gamblers double bet or want to play more to earn more money. I have been in this position and really I just had to accept that gambling is a game of risk while I take the risk, yea it sometimes fail especially in the long run using martingale, but there’s a bit of fulfillment.
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Betwrong
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August 06, 2019, 09:40:47 AM |
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If the aim is to earn low profits daily, gambling is the least suitable tool for achieving that. Nevertheless, if one finds it entertaining, why not to try? After all, any strategy can fail at some point, and the strategy when you earn each day 1% of your balance is no different. There is a possibility of it working for years, and surely you will not lose your balance faster than in 100 days while strictly following this strategy 1% daily is actually a huge amount For starters, that is 30% monthly (without compounding). If it was in fact possible to earn so much without busting in less than no time, casinos would be ruined as quick (as there would be no lack of people trying to exploit this strategy). The truth is, if you are going for that target, your bets will be risky as hell, and the possibility of running it for years is really minuscule. More likely, you are going to lose your balance in a couple of weeks if not days We all know that only half of those bets are going to be winning ones, so no one is expecting 30% monthly profit. Most likely, you will lose 16 bets and win 15 because of the house edge. Regarding the time span within which you can lose your balance, it can't be a couple of weeks or days. It is around 100 days if you risk not more than 1% of your balance each time. ~ Additional 1% every day would be huge; it's up to luck if you could do it.
As far as I understand, we are talking about betting 1% of your balance with 50% win chance, once per day. It is hard to expect 30 wins in a row on 50% win chance, and if you make just one bet per day, it makes no difference, it is still very unlikely. Overall, this strategy can hardly help you to earn money, but it can surely help you to last longer with the balance you have.
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crwth
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August 06, 2019, 09:56:41 AM |
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~ Additional 1% every day would be huge; it's up to luck if you could do it.
As far as I understand, we are talking about betting 1% of your balance with 50% win chance, once per day. It is hard to expect 30 wins in a row on 50% win chance, and if you make just one bet per day, it makes no difference, it is still very unlikely. Overall, this strategy can hardly help you to earn money, but it can surely help you to last longer with the balance you have. That is certainly true, preserving your balance in a way could help you delay the possible "inevitability" of losing your capital in a gambling site. But I had a different view in that and what I'm implying is that, you just go over with 1% of your balance, no matter the type of risk-taking you have, for example, you have 1 BTC, then the goal you want to have is to have 0.01 per day which is 1% of 1 BTC already. So depending on how much you have, 1% is not so much compared to other goals like 100%, doubling your capital, or something like that. So if you manage to win for a day with 0.1, that's already equivalent to 10 days. Just a suggestion, not a recommendation, because I haven't tried it too.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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deisik
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August 06, 2019, 10:36:34 AM |
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If the aim is to earn low profits daily, gambling is the least suitable tool for achieving that. Nevertheless, if one finds it entertaining, why not to try? After all, any strategy can fail at some point, and the strategy when you earn each day 1% of your balance is no different. There is a possibility of it working for years, and surely you will not lose your balance faster than in 100 days while strictly following this strategy 1% daily is actually a huge amount For starters, that is 30% monthly (without compounding). If it was in fact possible to earn so much without busting in less than no time, casinos would be ruined as quick (as there would be no lack of people trying to exploit this strategy). The truth is, if you are going for that target, your bets will be risky as hell, and the possibility of running it for years is really minuscule. More likely, you are going to lose your balance in a couple of weeks if not days We all know that only half of those bets are going to be winning ones, so no one is expecting 30% monthly profit. Most likely, you will lose 16 bets and win 15 because of the house edge. Regarding the time span within which you can lose your balance, it can't be a couple of weeks or days. It is around 100 days if you risk not more than 1% of your balance each time It seems there is some misunderstanding here I just reread the opening post, and OP obviously refers to martingale with presumably safe settings allowing for very long losing streaks. His idea consists in earning 1% daily through a number of bets and then stopping till the next day. So it is definitely not about risking 1% of his balance as he is in fact risking his whole balance at each bet. I'd venture to say that his idea is quite feasible conceptually but the catch is that he can't go for 1% daily and not lose his balance pretty fast (in a matter of days). Technically, it is a losing strategy with so high a daily target As far as I understand, we are talking about betting 1% of your balance with 50% win chance, once per day. It is hard to expect 30 wins in a row on 50% win chance, and if you make just one bet per day, it makes no difference, it is still very unlikely. Overall, this strategy can hardly help you to earn money, but it can surely help you to last longer with the balance you have.
It is about martingale which assumes a lot of bets till you hit your daily target (1% in this case)
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DarkDays
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August 06, 2019, 01:41:11 PM |
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My honest advice would be for you to Get out of gambling, work daily, make way more money than what you could ever do with gambling.
Yeah I would say this is the best advice. Winning at $1 a day might give your gambling craving something thing to hold on to, but you'd be dying to risk more, gamble more with every passing day. And since you are only human, you will give in to those cravings and lose all your gains eventually. So if you are not already winning. Just take what you got and quit gambling. Alternatively, keep it to manageable level where you're not risking any life changing amounts of money, or damaging your mood or lifestyle by gambling.
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robjobs
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August 06, 2019, 07:17:51 PM |
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If there was a strategy no one on here will share it with you, or anyone on here.
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Betwrong
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August 07, 2019, 10:55:05 AM |
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If the aim is to earn low profits daily, gambling is the least suitable tool for achieving that. Nevertheless, if one finds it entertaining, why not to try? After all, any strategy can fail at some point, and the strategy when you earn each day 1% of your balance is no different. There is a possibility of it working for years, and surely you will not lose your balance faster than in 100 days while strictly following this strategy 1% daily is actually a huge amount For starters, that is 30% monthly (without compounding). If it was in fact possible to earn so much without busting in less than no time, casinos would be ruined as quick (as there would be no lack of people trying to exploit this strategy). The truth is, if you are going for that target, your bets will be risky as hell, and the possibility of running it for years is really minuscule. More likely, you are going to lose your balance in a couple of weeks if not days We all know that only half of those bets are going to be winning ones, so no one is expecting 30% monthly profit. Most likely, you will lose 16 bets and win 15 because of the house edge. Regarding the time span within which you can lose your balance, it can't be a couple of weeks or days. It is around 100 days if you risk not more than 1% of your balance each time It seems there is some misunderstanding here I just reread the opening post, and OP obviously refers to martingale with presumably safe settings allowing for very long losing streaks. His idea consists in earning 1% daily through a number of bets and then stopping till the next day. So it is definitely not about risking 1% of his balance as he is in fact risking his whole balance at each bet. I'd venture to say that his idea is quite feasible conceptually but the catch is that he can't go for 1% daily and not lose his balance pretty fast (in a matter of days). Technically, it is a losing strategy with so high a daily target You are absolutely right, with martingale you can lose all your balance in a matter of minutes even if it is as big as 1 BTC. Thus the strategy from the OP is no way the one with which one can "gain money, but with low profits daily", as asked in the title. I was referring to this post by crwth What if you do it this way: Let's assume that we have 1 BTC on our balance in a gambling dice site - Let's say you are willing to risk 1% of that to a 50% winning chance rate
- It's high or low and gets it right
- After betting you stop already, whether you win or you lose
- WIN - Then you enjoy additional 1% of your balance
- LOSE - Then you take your losses and hope for a better tomorrow
I haven't tried this one but, it's going for the long game. I think it's also a mind game when you are gambling with dice or any gambling game because you need to have control with yourself and don't get emotional. I think that's what always happens. who, in my opinion, suggested a better strategy in regards to earning small amounts daily without risking all your balance. Of course, as we all know, this strategy can eventually fail, but at least you will not lose all your balance sooner than in 100 days.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 07, 2019, 12:15:04 PM |
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If there was a strategy no one on here will share it with you, or anyone on here.
Yep, they will use for themselves, and they will get so many winning for them. We can use the strategy on gambling, but we need to remember that every strategy will depend on the luck. The luck will not come if we don't have the right time and in the right places. So we should remember that as long as we can get the profits, we should get out of the place so we can save money for another day.
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gabbie2010
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 07, 2019, 12:44:38 PM |
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Strategy is important thing needs of gambler how to gain their miney bet from samll amount unti biggest amount but I believe isn't a 100 percent to earn profits we know the irsk playing gamlbling have possible to lose our money bet so depends on the luck of the player to gain their money.
Yes, having a strategy will be important but the important strategy is how we can use small money in gambling and don't spend much money because we will difficult to win any games. I think that will be more realistic to the gamblers because besides of prevent from losing much money, they can prevent the greediness which will come to them if they can win the games. And they can also prevent the addicting that will also come to them in the long term. I believed a good gambler should have a strategy that can guaranty winning games consistently of courses losses will surely be incurred however gambling blindly amount to total loss of money or funds however a subtle of ways of having an edge is to take a fixed profit daily and move on till the next day this is necessary to avoid greediness and addiction as you rightly said else, the gambler will lose all the daily profits and and deposits thus back to square one.
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rdluffy (OP)
Legendary
Offline
Activity: 2338
Merit: 1392
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August 07, 2019, 09:12:39 PM |
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If the aim is to earn low profits daily, gambling is the least suitable tool for achieving that. Nevertheless, if one finds it entertaining, why not to try? After all, any strategy can fail at some point, and the strategy when you earn each day 1% of your balance is no different. There is a possibility of it working for years, and surely you will not lose your balance faster than in 100 days while strictly following this strategy 1% daily is actually a huge amount For starters, that is 30% monthly (without compounding). If it was in fact possible to earn so much without busting in less than no time, casinos would be ruined as quick (as there would be no lack of people trying to exploit this strategy). The truth is, if you are going for that target, your bets will be risky as hell, and the possibility of running it for years is really minuscule. More likely, you are going to lose your balance in a couple of weeks if not days We all know that only half of those bets are going to be winning ones, so no one is expecting 30% monthly profit. Most likely, you will lose 16 bets and win 15 because of the house edge. Regarding the time span within which you can lose your balance, it can't be a couple of weeks or days. It is around 100 days if you risk not more than 1% of your balance each time It seems there is some misunderstanding here I just reread the opening post, and OP obviously refers to martingale with presumably safe settings allowing for very long losing streaks. His idea consists in earning 1% daily through a number of bets and then stopping till the next day. So it is definitely not about risking 1% of his balance as he is in fact risking his whole balance at each bet. I'd venture to say that his idea is quite feasible conceptually but the catch is that he can't go for 1% daily and not lose his balance pretty fast (in a matter of days). Technically, it is a losing strategy with so high a daily target You are absolutely right, with martingale you can lose all your balance in a matter of minutes even if it is as big as 1 BTC. Thus the strategy from the OP is no way the one with which one can "gain money, but with low profits daily", as asked in the title. I was referring to this post by crwth What if you do it this way: Let's assume that we have 1 BTC on our balance in a gambling dice site - Let's say you are willing to risk 1% of that to a 50% winning chance rate
- It's high or low and gets it right
- After betting you stop already, whether you win or you lose
- WIN - Then you enjoy additional 1% of your balance
- LOSE - Then you take your losses and hope for a better tomorrow
I haven't tried this one but, it's going for the long game. I think it's also a mind game when you are gambling with dice or any gambling game because you need to have control with yourself and don't get emotional. I think that's what always happens. who, in my opinion, suggested a better strategy in regards to earning small amounts daily without risking all your balance. Of course, as we all know, this strategy can eventually fail, but at least you will not lose all your balance sooner than in 100 days. It's hard to make strategy based on martingale I already tested and with time you will lose for certain, no doubt, martingale work with infinite money ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I leave a bot for days and you'll make a huge amount of bets, and you will face the loss, no matter what, you will see 11 losses in a row, 12, 13...and if you think and use the math, you'll see what I'm talking
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