What is good strategy or technique for Toss Coin?

[GreatArkansas]

Recently, my friend shared some gambling platform on me, which I think is only operates in our country.
They have this game which is a toss coin, I can say it is legit since they have a monitor that is streaming some live TV channel there which also you can see while playing.
I can say this game is purely 50% probability, HEAD or TAIL only.
The odds are computed based on how much bets on each side per toss.

Now,
What do you think, everyone? Good strategy or technique to use here, like the martingale or reverse martingale or double down?
Feel free to share your ideas and advice.

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[bitbollo]

Ok there is a monitor but can you trust/be 101% sure the coin has not been modified before or there isn't a magnetic base that can be activated by the house? There is a notary or something like that?

This is a 50% side bet.
The result of each bet it's totally independent by the bet made before. It's something risk choose a "strategy" according to bets statistics....

[Reid]

You just said it, Sir, it is a 50% bet which means there is no technique in it.
Maybe, if you are the one throwing the coin then, there could be some strategy you could make so that it will appear on your favor.

It is luck based. Just be careful with this kind of game.
Do they see how much the bet would be before making the flip?

[adzino]

-snip-
Recently, my friend shared some gambling platform on me, which I think is only operates in our country.
They have this game which is a toss coin, I can say it is legit since they have a monitor that is streaming some live TV channel there which also you can see while playing.
I can say this game is purely 50% probability, HEAD or TAIL only.
The odds are computed based on how much bets on each side per toss.

Now,
What do you think, everyone? Good strategy or technique to use here, like the martingale or double down?
Feel free to share your ideas and advice.

Yeah, it is  50% probability of getting head or tail in a coin toss. You sure they don't have any kind of edge on this game? Like why would a casino run on a 50/50 game of chance? This also means, the casino has the equal chance of getting wiped out, just like their players!
Because they do live casino stream, it doesn't mean that the casino isn't rigged and they aren't cheating. Think about those magic shows. They do "magic" and "impossible stuffs", sometimes live on the TV, yet people can't catch their trick!

[Tipstar]

Though the probability of head or tail is equal, From the OP's description and the pic, I believe the rewards are different depending on which side has more bets. If that's so, putting you bet on the side which has smaller bets would have a chance of wining higher. You can combine it with simple martingale and your actual probability considering the base amount would be higher than 50%.

[Sadlife]

In games like that there are no strategy its only based in luck and probability. The outcome is unpredictable all you can do is speculate and wait and see how it turns out.
The game profitability only depends if you have a lot of stacks to risk. Hopefully the game is fair because you'll never know what's happening to the background and provably is not applicable is this types of games.

[GreatArkansas]

Ok there is a monitor but can you trust/be 101% sure the coin has not been modified before or there isn't a magnetic base that can be activated by the house? There is a notary or something like that?

This is a 50% side bet.
The result of each bet it's totally independent by the bet made before. It's something risk choose a "strategy" according to bets statistics....

I can be assured the monitor is legit streaming live news tv channel, I even triple check it and watch the channel they are streaming.
The only problem here, I can't be assured if those amount of bets are made by my co-gamblers or players, but overall no problem at all, I already winning some.

It is luck based. Just be careful with this kind of game.
Do they see how much the bet would be before making the flip?

I don't think so they can see the bets before making flip, they got this simple DIY which operated by 1 person and pressing only 1 bottom to throw the coin from above, which I can guarantee it's legit and not manipulated on every toss.

Yeah, it is  50% probability of getting head or tail in a coin toss. You sure they don't have any kind of edge on this game? Like why would a casino run on a 50/50 game of chance? This also means, the casino has the equal chance of getting wiped out, just like their players!

Probability is 50%. I also have a doubt where they are getting profits here, but I think they have some fees here for every bet player made.
And the odds are based on the total amount of bets per toss.
The only problem here again here is I am not sure if those amount of bets are made by my co-gamblers or maybe they are just randomly adding some amount random bets.

[bitbollo]

I can be assured the monitor is legit streaming live news tv channel, I even triple check it and watch the channel they are streaming.

My observation is not related to the monitor (they can always use both tricks) but it's referred to:
- Coin
https://www.independent.co.uk/life-style/health-and-families/health-news/coin-tosses-can-be-easily-rigged-study-5512302.html
- Magnets (the link below it's referred to roulette but it can be applied even to rigged coin flip)
https://www.roulettephysics.com/casino-roulette-wheel-magnets/

[20kevin20]

My observation is not related to the monitor (they can always use both tricks) but it's referred to:
- Coin
https://www.independent.co.uk/life-style/health-and-families/health-news/coin-tosses-can-be-easily-rigged-study-5512302.html
- Magnets (the link below it's referred to roulette but it can be applied even to rigged coin flip)
https://www.roulettephysics.com/casino-roulette-wheel-magnets/

Are you sure coin tossing could be rigged by using magnets though? I mean, I think it's much easier (and less suspicious) if coin tossing manipulation is applied when flipping it than by using the magnet. It could be both in use, of course, but I think coin manipulation without magnets is easier to control too.

[Nellayar]

The probability to get the right face of coin is 50%
Since I am betting also in my province a so called white vs red. My strategy here is that I am always betting in only one side for entire game. Because if you always make your bet an alternate in every round, there is a probability that you can't hit it. Now, just consistently bet in your lucky side or most winning side. Next is that, you should double up your bet everytime you lose (but it is too risky also). However if you win probably in fourth time after a straight loss, you can get money.

Example:
First round - you bet 0.0003 - lose - head
Second round - you bet 0.0006 - lose - head
Third round - you bet 0.0012 - lose - head
Fourth round - you bet 0.0024 - win - head

Total you lose - 0.0021
You win - 0.0024

That will be a good if what will you bet is the amount also that you win or lose. That's just my strategy and it is effective in my part. Hope to help you OP.

[Ryker1]

In our country, --you can see it in most areas where it is physically played by a single player who serves as the tosser using the coin from our local currency. It is illegal up until now though it has been introduced and played a decade or if I am not mistaken centuries ago. Chances on this game are 50% winning and 50% losing but has no limit on the numbers of bettors on which phase they will bet and a prize will depend on the wager collected on the losing phase. It is fun and entertaining and I don't see any possibility of manipulation on the result everything will depend on luck.
Indeed, this kind of game is the same on a dice game based on luck. But I don't how it works in an online gambling platform since I only know in physical activity.

[fortunecrypto]

It's 50/50 but you have a good chance if you tried to use martingale because there is no house edge, because it's physically tossing the coin no automated hit, we don't have something like this that is done on TV but flipping coins is very much popular in every town here, it's illegal here because because people play it in the street.

[Haunebu]

In games like that there are no strategy its only based in luck and probability.

Wrong. Luck is a major factor, but strategies do help in games like these where there is no house edge in the short term and long term(If there is actually no house edge).

I successfully used several strategies like Martingale, DeAlembert, Oscar's Grind etc successfully in the short term many times.

Probability is 50%. I also have a doubt where they are getting profits here, but I think they have some fees here for every bet player made.
And the odds are based on the total amount of bets per toss.

Is this mutual betting with commission taken from the winning bets then? Reminds me of Onehash etc.

It's 50/50 but you have a good chance if you tried to use martingale because there is no house edge

This doesn't make any sense. Without an edge, the site would drown quickly. They must have an edge in some form or another.

[kryptqnick]

Ok there is a monitor but can you trust/be 101% sure the coin has not been modified before or there isn't a magnetic base that can be activated by the house? There is a notary or something like that?

This is a 50% side bet.
The result of each bet it's totally independent by the bet made before. It's something risk choose a "strategy" according to bets statistics....

I think one can choose and explore strategies if that's what makes the experience more engaging, and gambling is treated like a way to spend free time and get entertained. If it's a serious question by a person whose goal is to earn money by gambling, then I'd agree with you that playing with a strategy might be even riskier than without it, as the strategy might make one more inclined to believe the win is nearby.

In games like that there are no strategy its only based in luck and probability.

Wrong. Luck is a major factor, but strategies do help in games like these where there is no house edge in the short term and long term(If there is actually no house edge).

I successfully used several strategies like Martingale, DeAlembert, Oscar's Grind etc successfully in the short term many times.

Or perhaps it was just luck you had when implementing these strategies? Had there been a strategy allowing to consistently win, casinos would soon get out of business.

[boyptc]

The output is like yes or no.

I can't think of any strategy but to bet with one single choice. Like for consecutive bets, I'll only choose heads until it wins.

[Mauser]

Unfortunately in a fair coin toss game there is no trend. Even after seeing the coin land on heads for 20x times in a row, the chance are still 50/50 for the next toss. That holds only true of course if it is a fair coin. But for use humans its just in our nature to look for patterns. We really like trends and assume continuity when there is none.

So this leaves us with the other input parameter in the game, the amount you bet. There are strategies to manage your bankroll and how much you should bet. But using martingale or double down strategy won't make you consistently money in the long run. Of course there are outliers and people make money, but on a large enough sample size. It's not profitable. First reason is that the odds you get online are not exactly 50/50, or if they actually are 50/50, the casino will charge you in another form. And secondly, you need an infinte large bankroll to begin with to run these strategies, but then again casinos will limit the maximum amount you can bet.

Dice or toss games are fun, but they are GAMES. Don't rely on them to make money, just treat them as any other game. And if you wan't to make money with them, invest in an casino.

Sometimes you lose, and sometimes the casino wins 

[milewilda]

Now,
What do you think, everyone? Good strategy or technique to use here, like the martingale or reverse martingale or double down?
Feel free to share your ideas and advice.

If the said Toss coin organizer is fair (doesnt have any modification on the coin itself or whatsoever or any other means of cheating ) then i would say that
martingale would really be a good strategy to use on since its impossible on hitting up 4-5x straight losing bet head or tails but we do know that everything could
happen so you should prepare up your bankroll in case you do make use of martingale but i would be confidently using this into this game rather than into
automation on casual dice that we are playing online.

[DarkDays]

Why bother asking if there any strategies for a game that is 100% a 50/50 split?

By definition, a game that is unequivocally balanced cannot be gamed in any way. The only thing you can do is look into the actual coin they use and see if one side is slightly heavier than the other.

That said, I doubt it would help anyway since it's unlikely to neutralize the house edge or rake if there is one.

Don't waste your time with strategies, just accept the odds as they are and take your chances. The alternative is to waste your time with baseless strategies.

[abel1337]

Let's just say that the game was not rigged at all and will be based on the rules and winning chance.

If I am in the position of betting in that game, I would probably do martingale. It's a common strategy but it's better than just relying on the 50/50 chance of winning, At least you have a plan of getting back the losses you did. Mostly it would just luck that will make you win since it's a 50/50 game but the martingale strategy is applicable as a recovery method to your losses.

[harizen]

What do you think, everyone? Good strategy or technique to use here, like the martingale or reverse martingale or double down?
Feel free to share your ideas and advice.

To win, basically no strategy.
To bet, and since you are relying on your luck, then do martingale "with caution".

If you are familiar with "perya", a martingale is working most of the time on one of their games, the colored game. In toss coin, you have 2 choices and it's difficult to imagine you will lose 10x consecutively in the same pick at a no house edge system, "only if the live video there is legit".

Anyways, what is the name of the game? I want to explore it more to give much sense of feedback. Gambling operators that deal with that kind of game that running without any system (or basically no house edge), already know that some gamblers might take advantage of the martingale betting so I think there's an information that I don't know yet.