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Author Topic: What has been your longest streak of dice losses using martingale ..?  (Read 971 times)
newwest
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January 31, 2021, 08:48:40 AM
 #81



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.

For martingale only if you have big money it may work else you may end up losing a lot. Again it depends the risk taking ability, like for example I lost badly as got 6 around straight losses and then dint had more money to put do double that amount so in the end had to stop and accept with bigger loss rather than me stopping at 2-3 straight losses their itself.

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January 31, 2021, 08:59:00 AM
 #82



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.

In early days when i started gambling i also thought that martingale is a strategy through which one cannot lose if one have a big bankroll. I used to use this martingale strategy until one day i got rekt with it and lose all my balance. After that day, i avoid this strategy in dice.
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January 31, 2021, 10:10:10 AM
 #83

One time in a casino I saw at the roulette table that at least 10 times in a row the number was red. Two friends of mine and me decided to go over to the table and just all our money to bet on Black with a martingale strategy. In the end we lost all, in total we saw 15 times Red and one time the 0. I m just glad we didn't have so much money left that evening to begin with.
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January 31, 2021, 11:55:54 AM
 #84

~snip~
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.
In early days when i started gambling i also thought that martingale is a strategy through which one cannot lose if one have a big bankroll. I used to use this martingale strategy until one day i got rekt with it and lose all my balance. After that day, i avoid this strategy in dice.

What you experience is done by most of the people when they first play Dice games too, relying on the martingale strategy. And supposing a large
bankroll can be successful with a martingale strategy, but in fact it will definitely deplete the entire bankroll. Indeed, there is no effective strategy
when playing Dice, in the end gamblers will always lose. But there is no need to avoid the martingale strategy. Sometimes we really need to use
the martingale strategy, but we have to limit its use. And must be varied with other strategies. And important advice for those who want to succeed
in getting a profit when playing Dice is that we have to be able to stop when we win.

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January 31, 2021, 01:43:50 PM
 #85

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 times ? What The holy F***
That must have been terrible ! So even if you started with 1 and used a martingale of 2x on lose your total loss would have been around 30 - 60 BTC
That's some insane amount. And you would have got just 1 satoshi if you would win on 32x streak. That's just absolute craziness.
Either you are lying or that is the craziest shit every happened bro.

I have tried martingale too but on lower levels. I had decreased my profit ratio to increase my chances of winning and lost about 7-8 times in  a streak.

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January 31, 2021, 01:49:37 PM
 #86

In dice games, I have experienced up to 20X being busted when I tried to use Vps when playing a dice game to find out how many long reds occurred as a sample. but what really affects is the game seed. I have also tried to use Payout 1.01 Never been up to 4X red. My advice if you intend to bet for a long time, do the calculation on your base bet before you make a bet

It will work if luck permits you, but even how hard you'll going to calculate your base bet once losing streak start to appear it can't be controlled and chances that you'll be busted along the way.

You need to assess each games that you'll going to do, there's no certainty in terms of losing and winning streak
it's just how you handle each opportunities that you've got and well you also accept defeats as part of this gambling
activity.

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January 31, 2021, 03:21:26 PM
 #87

Just hours ago I lose half of my BFG tokens playing from Betfury which I stake for daily profit, I have things calculated I am doing it manually and have set up a stop loss, but due to greed I opted to go on, thinking that I need to recover my BFG tokens, glad that I control myself in time and reset my betting, glad I did because if not I could have lost everything, martingale and greed can wipe everything you have.   


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January 31, 2021, 03:44:59 PM
 #88

In dice games, I have experienced up to 20X being busted when I tried to use Vps when playing a dice game to find out how many long reds occurred as a sample. but what really affects is the game seed. I have also tried to use Payout 1.01 Never been up to 4X red. My advice if you intend to bet for a long time, do the calculation on your base bet before you make a bet

I don't think VPNs would affect your gambling activities on a gambling site unless they are not permitting you to use those VPNs. At that point, I don't think you would be able to have access to the site if they are not allowing VPNs. What happened to you is not because of the VPN but maybe just because you are unlucky that day.

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January 31, 2021, 05:25:48 PM
 #89

Just hours ago I lose half of my BFG tokens playing from Betfury which I stake for daily profit, I have things calculated I am doing it manually and have set up a stop loss, but due to greed I opted to go on, thinking that I need to recover my BFG tokens, glad that I control myself in time and reset my betting, glad I did because if not I could have lost everything, martingale and greed can wipe everything you have.   

Better than losing everything. You said it right, greed using martingale will ends you up losing a lot or even busted everything, controlling your emotion is very important.

If you got aggressive and unable to manage to stop, the worst thing may happened. For now you still have some and if you are planning to
play again, you needed to plan more and focus with any strategy that you are thinking to use, staying with your pattern will give you small chances to win, not exactly high but if you stay with it there's some that may take place for you to recover.

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January 31, 2021, 06:36:07 PM
 #90

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 times ? ~
That must have been terrible ! So even if you started with 1 and used a martingale of 2x on lose your total loss would have been around 30 - 60 BTC
That's some insane amount. And you would have got just 1 satoshi if you would win on 32x streak. That's just absolute craziness. ~
Looks like it's impossible but anything can happen in gambling, specially in dice game. Freebitco have 5% house edge. OP said, he was playing at 3× payout with 61.8% increase on loss. If you start with 1 sats base bet and continuosly increase your bet 61.8% after each loss then 32 reds will cost around 0.09 btc. I have faced 14-18 red streak at 3× payout few many times where the house edge was 1%. So I believe it's not impossible to get 32 reds in a row at 5% HE in 3× payout. Though it's totally unexpected and rarely happens.

R


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January 31, 2021, 07:09:11 PM
 #91

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.
There are several reasons why something like martingale will never work, the first one is the one you stated which is as there is a limit to your capital then as long as you keep playing there it will come a point in which you will lose enough times in a row to lose all your capital, the second problem is that casinos have limits about how much money you can make in a single bet and the moment you reach that limit is when you cannot use martingale any longer and your losses are assured, and finally it is also known no betting pattern changes the probabilities of the game and you are bound to lose anyway over the long term.

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February 04, 2021, 06:44:03 PM
 #92

In dice games, I have experienced up to 20X being busted when I tried to use Vps when playing a dice game to find out how many long reds occurred as a sample. but what really affects is the game seed. I have also tried to use Payout 1.01 Never been up to 4X red. My advice if you intend to bet for a long time, do the calculation on your base bet before you make a bet

I don't think VPNs would affect your gambling activities on a gambling site unless they are not permitting you to use those VPNs. At that point, I don't think you would be able to have access to the site if they are not allowing VPNs. What happened to you is not because of the VPN but maybe just because you are unlucky that day.

not sure if he means vpn because what he wrote is vps and he was doing a testing but we dont need a vps or a vpn to know if how much losses we got because every casino has a history tab where you can check all data's .
we dont need to worry about him because it was just a sample but if he will try playing for real his luck can change and can win the bet this time  .
 1.01x payout has a high chance of winning and its normal that you cant get crazy number of reds but 3 to 4 reds is unavoidable  .
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February 04, 2021, 07:48:40 PM
 #93

In dice games, I have experienced up to 20X being busted when I tried to use Vps when playing a dice game to find out how many long reds occurred as a sample. but what really affects is the game seed. I have also tried to use Payout 1.01 Never been up to 4X red. My advice if you intend to bet for a long time, do the calculation on your base bet before you make a bet

I don't think VPNs would affect your gambling activities on a gambling site unless they are not permitting you to use those VPNs. At that point, I don't think you would be able to have access to the site if they are not allowing VPNs. What happened to you is not because of the VPN but maybe just because you are unlucky that day.

not sure if he means vpn because what he wrote is vps and he was doing a testing but we dont need a vps or a vpn to know if how much losses we got because every casino has a history tab where you can check all data's .
we dont need to worry about him because it was just a sample but if he will try playing for real his luck can change and can win the bet this time  .
 1.01x payout has a high chance of winning and its normal that you cant get crazy number of reds but 3 to 4 reds is unavoidable  .

Vps? For what reason? Maybe he do make out those very minimal multiplier and didnt have ample time to check out everytime on whats the status specially if he had really need to turn off
his pc  or away from keyboard and since he do make use of VPS then that would really be continuing to run.

Overall, i dont see for the relevance of its usage since we can really indeed test out and see for ourselves in regards with stats or history of your best.

Im not really that confident enough on betting 1.01x multiplier even the high chance wont really give out guarantee.Losing streak doesnt really only
limit out to 3-4x into this odds.
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February 06, 2021, 04:24:41 PM
 #94

One time in a casino I saw at the roulette table that at least 10 times in a row the number was red. Two friends of mine and me decided to go over to the table and just all our money to bet on Black with a martingale strategy. In the end we lost all, in total we saw 15 times Red and one time the 0. I m just glad we didn't have so much money left that evening to begin with.
The real life casinos are rigged in some cases so did you checked for the magnet below the table? Cheesy.

15 times getting red is quite strange because I know each time they spin the chances are basically 50% or maybe 48% since there is a green 0 on the table mostly. But even then 15 times is too much and now since you mentioned it was a real life casino, I am actually starting to think it was surely rigged.

Personally I don't use martingale strategy too much but I had a losing streak of around 12 on PrimeDice long time ago and that is where I actually learned how provably fair works.
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February 06, 2021, 11:58:58 PM
 #95

One time in a casino I saw at the roulette table that at least 10 times in a row the number was red. Two friends of mine and me decided to go over to the table and just all our money to bet on Black with a martingale strategy. In the end we lost all, in total we saw 15 times Red and one time the 0. I m just glad we didn't have so much money left that evening to begin with.
The real life casinos are rigged in some cases so did you checked for the magnet below the table? Cheesy.

15 times getting red is quite strange because I know each time they spin the chances are basically 50% or maybe 48% since there is a green 0 on the table mostly. But even then 15 times is too much and now since you mentioned it was a real life casino, I am actually starting to think it was surely rigged.

Personally I don't use martingale strategy too much but I had a losing streak of around 12 on PrimeDice long time ago and that is where I actually learned how provably fair works.

Speaking from personal experience - 16 unfortunate bets in a row are possible! That's my experience with Martingale..never used any "betting strategies" since then. At first, I earned around 20$ very quickly, but then I lost it all in like 5 minutes, plus lost the 40$ I had in there deposited, it was on the PrimeDice too, by the way. Wait, are you implying that PrimeDice is rigged? Or have I missed something? Cheesy
But just theoretically speaking, from a probability point of view it can happen, however, the odds of that (if playing 50/50 chance, as I did, or in the case of roulette red/black) are, if my math is correct, 1 in 65,536, which seems rather rear...
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February 07, 2021, 12:24:07 AM
 #96

15 times getting red is quite strange because I know each time they spin the chances are basically 50% or maybe 48% since there is a green 0 on the table mostly. But even then 15 times is too much and now since you mentioned it was a real life casino, I am actually starting to think it was surely rigged.

15 times is not strange. It was bound to happen even with less than 1% house edge so just imagine the chances for that to happen on a much higher house edge like Freebitco or Yobit dice (not promoting this to be clear, just an example). Same goes for the physical casinos.

Martingale is good for those who win. Martingale is bad for those who lose. That's the impression of the martingale form of betting.

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February 07, 2021, 12:52:48 AM
 #97

The Martingale strategy is one of the gambling strategies I have tried before and on several occasion I have found it very useful. But in my opinion this strategy will not be useful in the long run because whatever strategy we use, the house will always win in the end.

A little note from me about this strategy that previously I only lost 13 consecutive attempt and it was the highest number of losses before I finally won in 14 attempt. This strategy on the one hand is fun, but if you don't have enough capital then I'm sure all will be gone in no time.

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February 07, 2021, 01:04:03 AM
 #98

One time in a casino I saw at the roulette table that at least 10 times in a row the number was red. Two friends of mine and me decided to go over to the table and just all our money to bet on Black with a martingale strategy. In the end we lost all, in total we saw 15 times Red and one time the 0. I m just glad we didn't have so much money left that evening to begin with.
The real life casinos are rigged in some cases so did you checked for the magnet below the table? Cheesy.

15 times getting red is quite strange because I know each time they spin the chances are basically 50% or maybe 48% since there is a green 0 on the table mostly. But even then 15 times is too much and now since you mentioned it was a real life casino, I am actually starting to think it was surely rigged.

Personally I don't use martingale strategy too much but I had a losing streak of around 12 on PrimeDice long time ago and that is where I actually learned how provably fair works.
Or maybe he was just that unlucky. 15 times may be a huge amount, but it isn't that realistic since in the sense that the chances of winning should reset to 50/50 every round, the chances of losing should also reset to 50. So taking that into account, assuming that you lost 15 times is weird because you lost continuously already defeats the concept of probability of dice, the probability of having a 50/50 chances of winning or losing. It isn't like the more you lose, the chances of you winning increase with the next roll after all.

R


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robelneo
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February 07, 2021, 02:50:17 PM
 #99



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.
I will agonize if it reaches that number my longest was 20 I just can not stop because I've already lost a lot, might as well gamble everything I've got, after you got in the 10th it's hard to resist to stop you are in a position of no return and hoping that the next roll will show a positive outcome, this is where you realize that the house edge has overtaken the game.


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onrise
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February 07, 2021, 04:53:54 PM
 #100



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.
I will agonize if it reaches that number my longest was 20 I just can not stop because I've already lost a lot, might as well gamble everything I've got, after you got in the 10th it's hard to resist to stop you are in a position of no return and hoping that the next roll will show a positive outcome, this is where you realize that the house edge has overtaken the game.

It really require courage to even reach till 20, though it depends upon how value of worth you started with as doubling in every game will end up with big amount even after 10 so till 20 can understand you might lose a lot of money . In Martinangle always better to set before start of game that only will play till those many rounds and afford to lose that much max as their is no guarantee after how many rounds you will end up winning .

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