Twentyonepaylots
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January 28, 2021, 10:26:44 PM |
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With martingale my longest lose streak was around 16. with my initial balance reaching at least 0.025 BTC if my mind serves me correctly. Definitely a big loss considering how high bitcoin would reach nowadays when I did this when it was still around 9k January 2020 or something. I rarely see people ever winning anyway in FreeBitcoin as that site is a sham. They literally do false advertisements where they say you're earning this and that but in reality, you're earning nothing because of very high house edge.
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xSkylarx
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January 29, 2021, 03:07:27 AM |
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14 lose streak if I remember way back 2018. I won some amounts before hitting that losing streak. I manage to double my capital that time but greediness won at that moment and in just a few seconds my bankroll becomes 0. I even attempted to recover it but ended in a failure. I feel very bad that time thinking that if I did not get greedy maybe I could buy something I want for myself.
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Genemind
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January 29, 2021, 03:35:30 AM |
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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. That is a huge bankroll, the longest one I had as far as I remember was 13 losing streak, I started with the lowest bet possible, and as far as I can remember my bankroll was just about $100, but I am not too certain about this since I stopped gambling for almost a year now because of my losing streak. If you are using martingale everything escalates fast and your hand sweats as your losing streak increases. LOL! Good thing you had your thrill and won on your last bet and stopped after winning.
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shoreno
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January 29, 2021, 04:46:10 AM |
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With martingale my longest lose streak was around 16. with my initial balance reaching at least 0.025 BTC if my mind serves me correctly. Definitely a big loss considering how high bitcoin would reach nowadays when I did this when it was still around 9k January 2020 or something.
what was the settings of your martingale and how much is your starting bet and capital? reaching 0.025btc in just 16 bets sounds like your base bet and increase on loss is kinda bit high and why didnt you stop after reaching 0.02btc ? thats already a nice amount but i understand that greed can interfere in the way I rarely see people ever winning anyway in FreeBitcoin as that site is a sham. They literally do false advertisements where they say you're earning this and that but in reality, you're earning nothing because of very high house edge.
sham ? shame ? or you mean scam ? . freebitco is legit and i already win on their hi lo for a few times and if you can check on the freebitco thread there are also winners .
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iamsheikhadil
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January 29, 2021, 05:08:32 AM |
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32 losses consecutively?! That's pretty disastrously insane! I guess that's the reason we say no strategy works when it comes to sweet cool gambling I tried martingale system in past and I guess I busted always my balance within 10-12 losses because I was playing big as compared to my bank roll. I never tried this strategy after because it's always so risky and gut wrenching!
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mu_enrico
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January 29, 2021, 11:21:12 AM |
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There was a discussion here about the 67 losing streaks. Too bad the guy was necrobumping. He should have posted here for the lul as he said he lost 0.2 BTC with this. Anyway, if you play long enough, and it's doable because of the rolling speed on auto mode, you can get more than 67. Scary? Well, if he used reverse martingale, he could be rich af.
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robelneo
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January 29, 2021, 11:44:41 AM |
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There was a discussion here about the 67 losing streaks. Too bad the guy was necrobumping. He should have posted here for the lul as he said he lost 0.2 BTC with this. Anyway, if you play long enough, and it's doable because of the rolling speed on auto mode, you can get more than 67. Scary? Well, if he used reverse martingale, he could be rich af. So far I'm all good now with my martingale strategy I'm doing this on Betfury I'm using straight martingale and doing it manually so I can track the movement and the combination, there's no exact strategy every time I gain my losses by doubling up I refresh and start over again, my longest losing streak was 12 I almost lost all my earned BFG token id it goes straight 15, just lucky it stopped on the 12th on the other gambling sites my longest was 20 and when you have this number you are wiped out.
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BuNga_cute
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January 29, 2021, 11:45:04 AM |
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I've been playing the Dice game since 2017, until now I haven't found an effective strategy. Mostly if we play long run we will definitely lose. Indeed, the algorithm in the Dice game will make us lose if we play in the long run. For those who like playing Dice, the martingale strategy is what many gamblers use when playing Dice. But the problem experienced by gamblers when using the Martingale strategy, will experience a different longest streak of losses.
I myself experienced 23 losses streak, this has been terrible for me. Especially for gamblers who experience above that number, I find it hard to imagine how much bankroll to spend. Therefore, my advice is that if you get a large enough profit when playing dice, stop immediately. Because if it continues it will definitely end badly.
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bitterguy28
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“FRX: Ferocious Alpha”
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January 29, 2021, 12:04:54 PM |
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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
Serious mate ?> freebitco.in is pointing very clear about their Probably fairness specially in their multiplier HI-LO game. I have not try playing in their Dice but i have at least 18 straight losses in that HI-LO game. There was a discussion here about the 67 losing streaks. Too bad the guy was necrobumping. He should have posted here for the lul as he said he lost 0.2 BTC with this. Anyway, if you play long enough, and it's doable because of the rolling speed on auto mode, you can get more than 67. Scary? Well, if he used reverse martingale, he could be rich af. What ? 67 straight failure ? that was very Bad and i hate this coming to me.
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milewilda
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January 29, 2021, 12:43:25 PM |
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32 losses consecutively?! That's pretty disastrously insane! I guess that's the reason we say no strategy works when it comes to sweet cool gambling I tried martingale system in past and I guess I busted always my balance within 10-12 losses because I was playing big as compared to my bank roll. I never tried this strategy after because it's always so risky and gut wrenching! Losing streak length would really vary on the base bet and what multiplier you've been aiming and the amount of capital that you had.So results would really vary but the most common multipliers are on 2x and on using neither 1sat -100sats- 1000 sats or depending on whats the most minimal amount that a gambling site do had. Basing off on experience then i do experience 23-25 losing streak using 2x multiplier and i remember i do have 0.1 btc capital.
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plr
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January 29, 2021, 01:16:52 PM |
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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
32 rolls are very bad and you will lose everything you have, I never experienced that and I guess I will not I'm only good at 15, the longest streak I've had was 20 enough to wipe out all I've got I left that gambling site, because it happens to me three times on that gambling site will not mention it because I'm still playing here but not on dice.
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o_e_l_e_o
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January 29, 2021, 01:18:35 PM |
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but the most common multipliers are on 2x and on using neither 1sat -100sats- 1000 sats or depending on whats the most minimal amount that a gambling site do had. Basing off on experience then i do experience 23-25 losing streak using 2x multiplier and i remember i do have 0.1 btc capital.
So with a starting bet of only a single satoshi, after 23 loses in a row your next bet needs to be 0.08388608 BTC and you will already have spent 0.08388307 BTC. So after 23 losses in a row your strategy would have failed with a bankroll of 0.1 BTC and a starting bet of 1 satoshi and you wouldn't have the bankroll to continue. To be able to accept 25 losses in a row and still make the 26th roll with a starting bet of 1 satoshi, you need a bankroll of 0.67108863 BTC. A huge amount to risk given that when you win, you only end up in profit of a single satoshi. Slightly different since he says he was using a 2.1x multiplier, which due to the house edge of FreeBitco.in gives a ~45% chance of winning. So although still a very unlucky streak, it's a bit less rare than a 67 streak loss on a standard Martingale, but still goes to show why Martingale is a terrible strategy.
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Vaculin
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January 29, 2021, 01:29:27 PM |
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Mine I never lose more than 10 streak because my bankroll is only enough for 10 losing streak before I will go bankrupt.
I only have a small bankroll as I just make an experiment, honestly, this kind of experiment is just a waste of time as not all the time when you stop you are in profit, sometimes you are force to stop because you don't have anything to play anymore due to your losing streak has busted your entire bankroll.
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Janation
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January 29, 2021, 02:43:42 PM |
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14 lose streak if I remember way back 2018. I won some amounts before hitting that losing streak. I manage to double my capital that time but greediness won at that moment and in just a few seconds my bankroll becomes 0. I even attempted to recover it but ended in a failure. I feel very bad that time thinking that if I did not get greedy maybe I could buy something I want for myself.
Wow, that is a long streak. I've been doing some auto bets in the past and as far as I know, the longest I have is that 7, or 8 streaks. That bet is also doubling up every time I lost so that is a huge amount when I was already taken back what I've lost. It is not that much of a bet but I think if those losses continue for more than two rolls, I will be emptying my funds.
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cabron
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January 29, 2021, 05:56:42 PM |
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32 times is definitely the longest I know so far I would really shift from rollunder to rollover when a streak happens 3-4 times already. because by it it changes whatever the program had planned for the series of bets you are about to do.
I wouldn't want to lose more after doubling the amount every time. change your stance if you lose 3-4 times and then if lose again you still will have to double the amount anyway.
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Mahanton
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January 29, 2021, 07:44:27 PM |
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Not really a big time gambler thats why the maximum i had able to experience is 12-13x loss in a row until my capital bust into thin air.This really proves out that martingale doesnt really work in any ways and this is the fastest way on burning up your money if you do believe that it would really just work or be an advantage into your side. To think off on the amount that you can profit after having a series of losses isnt really just worth in any angle but hence people do still keep using this very old and classic way of strategy into their gambling activity.
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R |
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Fredomago
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January 29, 2021, 07:47:32 PM |
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Mine I never lose more than 10 streak because my bankroll is only enough for 10 losing streak before I will go bankrupt.
I only have a small bankroll as I just make an experiment, honestly, this kind of experiment is just a waste of time as not all the time when you stop you are in profit, sometimes you are force to stop because you don't have anything to play anymore due to your losing streak has busted your entire bankroll.
And most of the time instead of quitting while you already have quite decent earnings you are force to continue due to your greediness, thinking that it will add more. And you already found a winning patterns, not knowing that the house are just playing with your emotions, allowing you to feel comfortable without knowing that you are putting your guard down and in just a glimpse of an eye you'll lose everything. This martingale pattern can push up to more than 20 losing streak if you become aggressive in chasing your loses you'll just ending up losing your entire bankroll.
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Botnake
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January 29, 2021, 09:36:03 PM |
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I think I have 12, I'm not really sure with it as I have already stopped playing dice seriously for quite sometime. Usually I do small bets in dice only, so even at a high losing streak it will not hurt my bankroll a lot, but I realized that martingale is not really an effective strategy in dice, actually no strategy is effective since this is a luck based game, our only way to win is just a pure luck regardless of the strategy we are using.
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FinneysTrueVision
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January 29, 2021, 09:53:06 PM |
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The most is probably around 20 losses. That's about how much it would have taken to wipe out my balance at the places I usually play. I might've tried martingale with DOGE or LTC but when I was testing bot scripts with modified martingale strategy but I really don't remember my biggest loss streak because I just let it run without paying too close attention.
It is really a bad strategy and I do not recommend anyone use it but when you're an inexperienced gambler it is probably the first thing that you will try out.
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FlightyPouch
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January 29, 2021, 10:04:07 PM |
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Not really a big time gambler thats why the maximum i had able to experience is 12-13x loss in a row until my capital bust into thin air.This really proves out that martingale doesnt really work in any ways and this is the fastest way on burning up your money if you do believe that it would really just work or be an advantage into your side. To think off on the amount that you can profit after having a series of losses isnt really just worth in any angle but hence people do still keep using this very old and classic way of strategy into their gambling activity.
I guess this depends on the gambler, right? There are still a lot of gamblers that still uses this betting system even though they know the risk that comes with it. Most of them have a huge fund that they can lose that the reason why they continue using it. Still, I read a lot of stories about them having a huge amount and still lost using this.
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