What has been your longest streak of dice losses using martingale ..?

[Sativanaka]

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

[janggernaut]

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

I "only" ever had around 16 streak loses, and it was wiped out all of my balance too since i thought i wouldn't facemore than 16 streak losses just in few bets after i started gambling, but it happened.

32streak losses? How big your bankroll back then to able survive more than 30 streak losses? Even if you only started with 1 sat, it will required so huge bankroll to do that

[noormcs5]

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

So what happened in the 33rd time ? Did you won the 33rd game and recovered all your loss or did you got busted because of no further balance left.
I never play martingale games for long and if i did not win within the 10th time, i quit. I think the more longer you go with martingale , there is a big chance that you will lose big money.

[Sativanaka]

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

I "only" ever had around 16 streak loses, and it was wiped out all of my balance too since i thought i wouldn't facemore than 16 streak losses just in few bets after i started gambling, but it happened.

32streak losses? How big your bankroll back then to able survive more than 30 streak losses? Even if you only started with 1 sat, it will required so huge bankroll to do that

Not that big, I made a deposit near to 5 BTC months before, lucky or no I managed to get around 10BTC.


For the ones who asked, yes, thank God I did won. After that day I NEVER played anymore.

Worse feeling I ever had it was think that I can lose all my BTC but if I decided to don’t bet higher I was accepting to loss around 75% of my whole bag.

Things escalated really fast. Scary, truly scary.


The main reason is to know the biggest streak, things has change since 2018, there is more casino who accept cryptocurrencies like XLM, RVN, DGB, so I gues your bankroll is “bigger” since the value of the coin is not that big.

[janggernaut]

Not that big, I made a deposit near to 5 BTC months before, lucky or no I managed to get around 10BTC.


For the ones who asked, yes, thank God I did won. After that day I NEVER played anymore.

Worse feeling I ever had it was think that I can lose all my BTC but if I decided to don’t bet higher I was accepting to loss around 75% of my whole bag.

Things escalated really fast. Scary, truly scary.


The main reason is to know the biggest streak, things has change since 2018, there is more casino who accept cryptocurrencies like XLM, RVN, DGB, so I gues your bankroll is “bigger” since the value of the coin is not that big.

5 BTC it's indeed a huge bankroll to started gambling, escpecially you were used martingale strategy. What was base bet did you use? 1 sat? Or did you reset your bet when the red streaks comes and then you bet bigger when you think it would be a green/win?

Fyi, freebitcoin has 5% House Edge, in  theory, you could have "more" red streak actually

[carlfebz2]

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

You can read lots of response on these old threads with similar topic.

https://bitcointalk.org/index.php?topic=2192044.0
https://bitcointalk.org/index.php?topic=5172529.0
https://bitcointalk.org/index.php?topic=1417931.0

might not be talking with martingale purely but you would have idea with others responses.
In my case the longest streak i have experience was 25x in dice.It will vary because base
bets will differ on each gambler.

[SaShiRaJaVu]

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

As carlfebz2 mentioned there is a thread for you collect more information, for the response i usually use a bot with a lower base bet and 16 loosing streak is common and then rarely you will get 32 plus loosing streaks and my record is 40 and busting everything, these are way back in 2016 in bitsler and primedice.

[Sativanaka]

Not that big, I made a deposit near to 5 BTC months before, lucky or no I managed to get around 10BTC.


For the ones who asked, yes, thank God I did won. After that day I NEVER played anymore.

Worse feeling I ever had it was think that I can lose all my BTC but if I decided to don’t bet higher I was accepting to loss around 75% of my whole bag.

Things escalated really fast. Scary, truly scary.


The main reason is to know the biggest streak, things has change since 2018, there is more casino who accept cryptocurrencies like XLM, RVN, DGB, so I gues your bankroll is “bigger” since the value of the coin is not that big.

5 BTC it's indeed a huge bankroll to started gambling, escpecially you were used martingale strategy. What was base bet did you use? 1 sat? Or did you reset your bet when the red streaks comes and then you bet bigger when you think it would be a green/win?

Fyi, freebitcoin has 5% House Edge, in  theory, you could have "more" red streak actually

It was 1 sat as a base bet. In my naive mind at that point the plan was leave it in auto “forever” and start betting manually after 18 lose streak. That’s why it was so painful, I was doing the last bets and losing one after another in manual mode.

I was increasing my bet after each loss by 61.8% with 3 as bet odds...

Beside the scary moment what make me decided to never do it again it was the profit. After all that mental pain I earn less than 1.7 BTC.. the risk, the money on the table was way bigger by that point.

[MCobian]

Dice is my favorite gambling game, it's true that with Martingale strategy we often experience the longest streak of losses.
You have 5 BTC, it's only natural to experience 32 streak losses, because my bankroll is small so I only have around 11 streak losses.
That also feels very scary, but that is interesting gambling feeling that tension stimulates our adrenaline.

[aioc]

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

Mine was 12 glad I had no repeat of that again but wow 32times is such a huge number I could have stopped at 15 and will be depressed if I have twenty, you must have a huge amount if you are going for that long streak.

[Wexnident]

I limited myself to 10. Not that my bankroll could handle anything higher though tbh. Whenever I reach the 10th streak I try to do it once more without increasing the odds. If I win, I reset and continue the same process but however if I lose, I just accept my loss and stop temporarily. It's not like I could continue gambling, after all, I limit the amount I spend on gambling most of the time anyway. I limited myself to 10 since I had a reaaallly bad experience where I lost my entire bankroll after having a 20 loss streak. It might have even been more tbh, been long since then and really, betting the same amount again like that really scared the hell out of me.

[Ailurophile]

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

I "only" ever had around 16 streak loses, and it was wiped out all of my balance too since i thought i wouldn't facemore than 16 streak losses just in few bets after i started gambling, but it happened.

32streak losses? How big your bankroll back then to able survive more than 30 streak losses? Even if you only started with 1 sat, it will required so huge bankroll to do that

Not that big, I made a deposit near to 5 BTC months before, lucky or no I managed to get around 10BTC.


For the ones who asked, yes, thank God I did won. After that day I NEVER played anymore.

Worse feeling I ever had it was think that I can lose all my BTC but if I decided to don’t bet higher I was accepting to loss around 75% of my whole bag.

Things escalated really fast. Scary, truly scary.


The main reason is to know the biggest streak, things has change since 2018, there is more casino who accept cryptocurrencies like XLM, RVN, DGB, so I gues your bankroll is “bigger” since the value of the coin is not that big.

Wow it is a huge capital and so long lose streak.
I only had around 9 or more lose streak since I only spend small amount on gambling.

[janggernaut]

Dice is my favorite gambling game, it's true that with Martingale strategy we often experience the longest streak of losses.
You have 5 BTC, it's only natural to experience 32 streak losses, because my bankroll is small so I only have around 11 streak losses.
That also feels very scary, but that is interesting gambling feeling that tension stimulates our adrenaline.

Just to let you know, having 32 streak loses on 49.5% winning chance is very rare to happens. Even got more than 20 streak lose is rare (the chance to happen will be bigger if you rolling/playing for long run)

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

Mine was 12 glad I had no repeat of that again but wow 32times is such a huge number I could have stopped at 15 and will be depressed if I have twenty, you must have a huge amount if you are going for that long streak.

Hmm OP stated his bankroll was 5 BTC while he did that

It was 1 sat as a base bet. In my naive mind at that point the plan was leave it in auto “forever” and start betting manually after 18 lose streak. That’s why it was so painful, I was doing the last bets and losing one after another in manual mode.

I was increasing my bet after each loss by 61.8% with 3 as bet odds...

Beside the scary moment what make me decided to never do it again it was the profit. After all that mental pain I earn less than 1.7 BTC.. the risk, the money on the table was way bigger by that point.

Got it now, you were gamble on 3x or 33% win chance with 61.8% increase afterlose started with 1sat as base bet. Though you were betting on 49.5% win chance or 2x odds and 100% increase after lose

[Tytanowy Janusz]

I think the more longer you go with martingale , there is a big chance that you will lose big money.

In fact there is the same probability of starting killing strike that will wipe out your wallet with every single bet. Every single bet (no matter if first or millionth) can be first bet in killing strike.

I have 2 threads that reveals martingale and 7 variations of martingale - based on simulation with 10 000 - 100 000 synthetic gamblers.

https://bitcointalk.org/index.php?topic=5112216.msg49832531#msg49832531
https://bitcointalk.org/index.php?topic=5177375.msg52217862#msg52217862

Martingale is system that lowers your probability of winning. There is no need to talk about it/ collect data. Just realize that it is a loosing strategy and forget about it.

[FatFork]

Martingale is system that lowers your probability of winning. There is no need to talk about it/ collect data. Just realize that it is a loosing strategy and forget about it.

This. You may think that with a martingale strategy you reduce your chance of busting everything, but in fact, you do not. The concept of 'losing streaks' is just an example of a gambler's fallacy because individual bets are independent of one another.

[DoublerHunter]

Martingale is system that lowers your probability of winning. There is no need to talk about it/ collect data. Just realize that it is a loosing strategy and forget about it.

This. You may think that with a martingale strategy you reduce your chance of busting everything, but in fact, you do not. The concept of 'losing streaks' is just an example of a gambler's fallacy because individual bets are independent of one another.

^ Definitely right but you need to manage the high risk. My bag was too small when I started plying dice, too small that is embarrassing to mention anymore. 32 streaks you really have a huge bag back then and it seemed that on your post it is not a big deal anyway I hope you were able to recover all you lose during that time. I seldom play martingale game and when I play I only allotted certain amount that I can use for the entire session, in that case, I can handle my loses and not to have a bad feeling when I lose but of course like everyone my goal is to win also but I can't afford to have 32 streaks. I am allotting a certain amount every time I play gambling because it helps me not to get emotional when I start to lose and that also my way to avoid getting addicted.

[Sativanaka]

I think the more longer you go with martingale , there is a big chance that you will lose big money.

In fact there is the same probability of starting killing strike that will wipe out your wallet with every single bet. Every single bet (no matter if first or millionth) can be first bet in killing strike.

I have 2 threads that reveals martingale and 7 variations of martingale - based on simulation with 10 000 - 100 000 synthetic gamblers.

https://bitcointalk.org/index.php?topic=5112216.msg49832531#msg49832531
https://bitcointalk.org/index.php?topic=5177375.msg52217862#msg52217862

Martingale is system that lowers your probability of winning. There is no need to talk about it/ collect data. Just realize that it is a loosing strategy and forget about it.

Nice info in those thread, taking that in consideration, I was using the Martingale v4 that it shows there The fibbo progression...

Definitely the risk it doesn’t worth, as I mentioned after put on risk my whole balance the profit was like 1.7 BTC. Horrible risk/reward.

Martingale is system that lowers your probability of winning. There is no need to talk about it/ collect data. Just realize that it is a loosing strategy and forget about it.

This. You may think that with a martingale strategy you reduce your chance of busting everything, but in fact, you do not. The concept of 'losing streaks' is just an example of a gambler's fallacy because individual bets are independent of one another.

^ Definitely right but you need to manage the high risk. My bag was too small when I started plying dice, too small that is embarrassing to mention anymore. 32 streaks you really have a huge bag back then and it seemed that on your post it is not a big deal anyway I hope you were able to recover all you lose during that time. I seldom play martingale game and when I play I only allotted certain amount that I can use for the entire session, in that case, I can handle my loses and not to have a bad feeling when I lose but of course like everyone my goal is to win also but I can't afford to have 32 streaks. I am allotting a certain amount every time I play gambling because it helps me not to get emotional when I start to lose and that also my way to avoid getting addicted.

I wasn’t aware of the risk management while betting, I thought it was kinda reserved just for my trading activity, thanks God I din not lose that last roll, but as I mentioned. I never played anymore...

[fortunecrypto]

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

Anyone should not let the number to go up, that number it's way to high, my highest was only 10 and if I reached higher than 10 I will just give up I have calculated that I can go up to 15 it depends on my funds, but if you do martingale you need a very large funds to cover your losses, you need to know when to stop and when to continue.

[swogerino]

I never have used martingale as a strategy when playing dice or roulette.I hardly play these games but when I do I make sure to not use martingale for the simple reason that the games are controlled by AI software so it can fall 100 times red in roulette or 100 times lower in the dice game.

I think you better stop collecting data on martingale as it will be useless.

[virasog]

I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.

Greetings

Anyone should not let the number to go up, that number it's way to high, my highest was only 10 and if I reached higher than 10 I will just give up I have calculated that I can go up to 15 it depends on my funds, but if you do martingale you need a very large funds to cover your losses, you need to know when to stop and when to continue.

Do you think that gambling casino are so intelligent that they detect that a person is going for a martingale kill and for that reason he continue to lose and lose ?  I mean the OP lost 32 consecutive times, that is not normal by any means. Also it depends on which site you are playing as I do not trust all the sites to be fair.