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Author Topic: What has been your longest streak of dice losses using martingale ..?  (Read 991 times)
dothebeats
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January 29, 2021, 10:07:15 PM
 #61

21, and I called it a day. That was a bad streak IMO and since then, I swore to myself that I would never, ever, play Martingale or any such similar strategy ever again. While on paper it actually is a sensible idea to double it until you recoup the losses, in practice it isn't, especially if you are working on a very limited bankroll, Perhaps employing some stop-losses or brakes after X amount of loss would be fine before proceeding to your normal bet, though I get that the urge to win the money back is extremely high.
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January 29, 2021, 10:19:33 PM
 #62

Mine I never lose more than 10 streak because my bankroll is only enough for 10 losing streak before I will go bankrupt.
How small is your bankroll or how can you decide that it's enough for only 10 losing streaks? Are you betting with 10 satoshies?

The worst experience that I have ever seen was on freebitco. But the curiosity starts when I left 0.05 bitcoin running of automated dice rolls and it was rolling on its own for 2-3 hours, imagine, 2-3 hours nonstop dice bets and I doubled the money. Before withdraw, I tried to just bet 1 satoshi until I would lose 25 bet in a row. Somehow, that lose time came very quickly but there wasn't a significant lose in overall, just some bucks. It was years ago, when I wasn't registered on bitcointalk and freebitco was the rising star.

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January 30, 2021, 01:50:40 AM
 #63

21, and I called it a day. That was a bad streak IMO and since then, I swore to myself that I would never, ever, play Martingale or any such similar strategy ever again. While on paper it actually is a sensible idea to double it until you recoup the losses, in practice it isn't, especially if you are working on a very limited bankroll, Perhaps employing some stop-losses or brakes after X amount of loss would be fine before proceeding to your normal bet, though I get that the urge to win the money back is extremely high.

You really never know if the next roll will be in your favor that's what I'm always thinking, we will feel bad not to try to recover your losses, the temptation is really high to try your luck and win back your losses, on the auto you can set your stop loss but on the manual which I sometimes experimented, it's hard to stop yourself the what if keeps playing on your mind and it's hard to deal with it.

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January 30, 2021, 04:39:11 AM
 #64

21, and I called it a day. That was a bad streak IMO and since then, I swore to myself that I would never, ever, play Martingale or any such similar strategy ever again. While on paper it actually is a sensible idea to double it until you recoup the losses, in practice it isn't, especially if you are working on a very limited bankroll, Perhaps employing some stop-losses or brakes after X amount of loss would be fine before proceeding to your normal bet, though I get that the urge to win the money back is extremely high.

Even with a limited bankroll, if you bet with really very little amount, you can still get the profits slowly racked up using this strategy. The problem that happens with me is when I win little by little and the strategy starts to work perfectly (giving me consecutive or win after one or two losses), I start to bet big since I can't control temptation and somehow the casino gets to know it lmao and I lose in a losing streak.
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January 30, 2021, 05:11:00 AM
 #65

21, and I called it a day. That was a bad streak IMO and since then, I swore to myself that I would never, ever, play Martingale or any such similar strategy ever again. While on paper it actually is a sensible idea to double it until you recoup the losses, in practice it isn't, especially if you are working on a very limited bankroll, Perhaps employing some stop-losses or brakes after X amount of loss would be fine before proceeding to your normal bet, though I get that the urge to win the money back is extremely high.

Even with a limited bankroll, if you bet with really very little amount, you can still get the profits slowly racked up using this strategy. The problem that happens with me is when I win little by little and the strategy starts to work perfectly (giving me consecutive or win after one or two losses), I start to bet big since I can't control temptation and somehow the casino gets to know it lmao and I lose in a losing streak.
Sometimes it looks like we are being watched when playing , because i have the same experiences mate because i sometimes try beiing .01-.05 per roll and starts to win straight but when i am carried away for the game then i starts betting Higher and ending ? lose everything in a short time while i start building up winning for long .
Even if this Luck or cheat ? the thing is never come too greedy .

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January 30, 2021, 05:22:49 AM
 #66

There are successful people out of the martingale strategy. This requires huge bankroll and luck, I don't remember the length of the losing streak, but I failed continuously starting from the value of $10, I kept increasing the bet value and the final bet value was about $330. In that losing streak the total loss was about $2700 worth of ethereum when the price of ethereum was around $1350.

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January 30, 2021, 08:00:35 AM
 #67

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.
Honestly I have one of the shocking ones as well, sure we have seen bigger numbers before but actually living it is something else. I had a 22 loss streak, and that was one of the worst days of my life, I actually tried to calculate my wager based on 20 loss streak would not bankrupt me, so that means I had chance to lose as much as 20 and still would recover on 21st bet if I won, and somehow I still managed to lose 21 in a row, and had a payment coming my way during that time and deposited there as well and lost that too right back so it became 22 in a row loss.

I have to say I would agree that it was provably fair, it was just-dice back in 2014 or so when it became super popular with their first off-chain betting system (either them or primedice was the first) and I gambled for many times before I had that 22 loss streak, but life happens, what can I do.
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January 30, 2021, 09:14:40 AM
 #68

There are successful people out of the martingale strategy. This requires huge bankroll and luck, I don't remember the length of the losing streak, but I failed continuously starting from the value of $10, I kept increasing the bet value and the final bet value was about $330. In that losing streak the total loss was about $2700 worth of ethereum when the price of ethereum was around $1350.
Wow, that is a very impressive winning amount, from a small amount and it turns to a big amount of money. I guess I can do martingale betting on dice and once I hit the 5 winnings streak I will quit, lol. The martingale betting on dice is very risky, in just one loss it will wipe out all your balance. It is good if you have a big capital amount to support the bankroll if ever you fail the first capital you put in.

For me, I experienced 10 winning streaks in a row, in every roll of the dice, I stop breathing and cross my fingers that hoping I will win, luckily I have reached until 10 win streak and I decided to stop. I think that is good then too much greed.

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January 30, 2021, 09:51:36 AM
 #69

I only have 5 times lose streak ever in my dice losses, I cannot handle continuous losses so I will quit playing if it seems to be a long losing streak, I don't want to add a losing streak to my gambling experience, and don't want to make my balance zero. If it seems so unlucky for this day then I can do it again for tomorrow and try again my luck. I just wonder how you handle a 32 lose streak, I don't know if you are saying the truth about it.

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January 30, 2021, 01:26:40 PM
 #70

I only have 5 times lose streak ever in my dice losses, I cannot handle continuous losses so I will quit playing if it seems to be a long losing streak, I don't want to add a losing streak to my gambling experience, and don't want to make my balance zero. If it seems so unlucky for this day then I can do it again for tomorrow and try again my luck. I just wonder how you handle a 32 lose streak, I don't know if you are saying the truth about it.

You are a responsible gamer because you can control yourself, it's not easy controlling your emotion, there's always a temptation to continue and try to recover your losses because every bet is a mystery, it could either make or break, the martingale is a big trap it's hard to control the next roll you can only control your emotion to avoid losses.

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January 30, 2021, 02:36:08 PM
 #71

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 was a smart strategy. It's actually isn't about being a coward or not having the willingness to take the risks but it's about assuring your profit. Sometimes, we should really know when to stop, and to be honest, 10 BTC isn't a joke anymore. It's a good idea that you didn't risk your 10BTC to bet again because you'll surely have a big regret if you'll lose it again.
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January 30, 2021, 02:40:05 PM
 #72

Whoa, this thread calls me really poor in different languages.

I've done 5 lose streaks, and Im done for it. I've never used the strat as I believed that 5 lose streak is enough for me to see that there is no way that this will give me winnings. And yeah, I have no regrets and been doing different bets ever since.

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January 30, 2021, 05:10:55 PM
 #73

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

Hi
What I do know is this stuff is quite common but loosing 32 times ? This is actually very tough. I did have like 100$ and I kept on loosing for like 8+ times and used most of my balance and then I literally stopped after that. So I didn't really count how more it would go further but the only thing that made me go this far was the fact that I did win a couple of times in the beginning but after that it was all sad. I guess it just depends on the luck and nothing else. Therefore I do believe that you should pause for a while , clear your cookies, you can even try making sure you play after a while. Might just be a bad luck.
Whoa, this thread calls me really poor in different languages.

I've done 5 lose streaks, and Im done for it. I've never used the strat as I believed that 5 lose streak is enough for me to see that there is no way that this will give me winnings. And yeah, I have no regrets and been doing different bets ever since.
That's really good. You did realize after 5 streaks that the luck was not on your side and made a good decision therefore I believe it was a really wise decision.

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January 30, 2021, 06:56:16 PM
 #74

Whoa, this thread calls me really poor in different languages.

I've done 5 lose streaks, and Im done for it. I've never used the strat as I believed that 5 lose streak is enough for me to see that there is no way that this will give me winnings. And yeah, I have no regrets and been doing different bets ever since.
Im also doing random bets when it comes to multipliers that i do set.Sometimes i do go for double or even hunting for 99x or even more.So it will vary into my mood
on where i do tend to switch it between multipliers.When it comes on streaks then the most unforgettable one is on hitting 18 streaks which did really wipe off
my balance in short time.Im not using up any martingale though because if i do then that wouldnt really be lasting so long.Im enjoying on doing manual roll push buttons
rather than going for automation.

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January 30, 2021, 07:24:15 PM
 #75


when you experience the longest losing streak even to a casino, will you ever still come back to try out the martingale or seriously think that the casino is not fair?

i have had to share the same losing streak up to 10 but not more than that, i usually stop when i see that I'm losing consecutively because i rapidly roll the dice one after another. but i sure would think the losing streak seem a plat to take all my coins. i would likely try to verify the fairness after.

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January 30, 2021, 10:38:38 PM
 #76

Longest streak I ever had at losing was around 16 to 20. At some point in losing you just lose hope, you just want to see how it will pan out in the end that's why I let it slide that far and that many a games before I said quits. That's why I devised a plan to stop, always stop evrtytime I lose 3 games. Not more or less than 3, that way I can control my spendings and I don't mess with my mentals by keeping up an already lost cause to carry on.

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January 31, 2021, 01:40:53 AM
 #77


when you experience the longest losing streak even to a casino, will you ever still come back to try out the martingale or seriously think that the casino is not fair?

i have had to share the same losing streak up to 10 but not more than that, i usually stop when i see that I'm losing consecutively because i rapidly roll the dice one after another. but i sure would think the losing streak seem a plat to take all my coins. i would likely try to verify the fairness after.
It will eventually come just waiting for the right time that you are comfortable with your bets, I have a lot of experience on that, I bet a small amount just enough to keep me safe on the next 15 rolls when you are comfortable in winning and you think that it's safe to increase your bets, that's the time it is waiting to roll the longest streak, they come when you least expect it, it happens on many gambling sites I'm playing.

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January 31, 2021, 05:59:32 AM
 #78

Longest streak I ever had at losing was around 16 to 20. At some point in losing you just lose hope, you just want to see how it will pan out in the end that's why I let it slide that far and that many a games before I said quits. That's why I devised a plan to stop, always stop evrtytime I lose 3 games. Not more or less than 3, that way I can control my spendings and I don't mess with my mentals by keeping up an already lost cause to carry on.

Wow. That's a lot or a long streak of losing. I think for me, I can say my longest losing streak was estimatedly 8 or 9 to 10. I don't know when was that. I can't barely remember because it is a long time ago but it is that low because that time I used to read and asked some people who are gambling. I asked them about it and asked some knowledge for them to help me. I didn't know what could possibly happen to me if I am not that aware in that time but I can say that it surely help me to avoid a long such streak of losing. But of course these loses also make me what I am today, a simple gambler who always been careful for its profits. And I believe losing is a experience and experience will always be the best profit.
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January 31, 2021, 06:35:32 AM
 #79



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.

If you are new to the dice game, the temptation to use martingale is very tempting it will just present it to you while you are playing because the idea of doubling up every time you lose is very tempting, until now there is no guarantee that you can beat martingale even if you have a big bankroll, it's better to do a lot of variation than the straight martingale, and if you are doing auto be sure you know where you stop loss amount and you are comfortable on it.

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January 31, 2021, 07:06:55 AM
 #80

Five consecutive times straight losses, I'd have to step back and relax. That simply means bad luck for me and have to wait for that long before stopping. Because sometimes, I've been lucky later part of the game that was I supposed to wait.
I can't imagine gamblers who really wanted to keep the whole day in losses and the same scenario by tomorrow. That ripping me out and I can't afford myself doing like that, losing my money, might better to stop and take a breath. 
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