I find way to win on dice

[Fishy001]

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

[1715385371]

1715385371

[1715385371]

1715385371

[hosseinimr93]

This method is called martingale strategy.
You increase the bet amount every time you lose and return to the base amount if you win the bet.
If this method could work, all casinos would have gone bankrupt by now.
The house edge is always against you and users always lose in the long run.

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

It's possible to lose many more bets consecutively.
To be successful, you need an unlimited balance which is impossible.  

[NeuroticFish]

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

Your method is just another variation of Martingale.
You forget that the value the dice shows is not related to the value it has shown at the previous throw.
You forget that you don't have infinite money and the casino doesn't allow you wager over a certain amount.
And you're wrong, there can be that you fail 7 or more times in a row.

So no, sorry, imho your method is not as good as you would think. Do some research on how tricky and bad Martingale is.


Edit: I see hosseinimr93 was faster; I will leave this because I feel I covered a bit more, but if somebody more objective considers this as being duplicate please PM me and I'll remove.

[Fishy001]

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

Your method is just another variation of Martingale.
You forget that the value the dice shows is not related to the value it has shown at the previous throw.
You forget that you don't have infinite money and the casino doesn't allow you wager over a certain amount.
And you're wrong, there can be that you fail 7 or more times in a row.

So no, sorry, imho your method is not as good as you would think. Do some research on how tricky and bad Martingale is.


Edit: I see hosseinimr93 was faster; I will leave this because I feel I covered a bit more, but if somebody more objective considers this as being duplicate please PM me and I'll remove.

If you have  50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.
at least for short term you must be extremly  unlucky to to fail with it. Or  have casino games rigged.

[malcovi2]

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

Your method is just another variation of Martingale.
You forget that the value the dice shows is not related to the value it has shown at the previous throw.
You forget that you don't have infinite money and the casino doesn't allow you wager over a certain amount.
And you're wrong, there can be that you fail 7 or more times in a row.

So no, sorry, imho your method is not as good as you would think. Do some research on how tricky and bad Martingale is.


Edit: I see hosseinimr93 was faster; I will leave this because I feel I covered a bit more, but if somebody more objective considers this as being duplicate please PM me and I'll remove.

If you have  50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.
at least for short term you must be extremly  unlucky to to fail with it. Or  have casino games rigged.

here is a thread where people shared their losing streaks before, mine was 14 losing streaks
https://bitcointalk.org/index.php?topic=5245375.20

Also if there is a winning method that is when there is a loophole in the system, like if the dice system was coded very bad
example of it was PRC when a player found out that he can win if he plays a certain strat and by playing long-term because the variance was against the casino.

[NeuroticFish]

If you have  50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.
at least for short term you must be extremly  unlucky to to fail with it. Or  have casino games rigged.

You're wrong. I've looked up for you a little and you can see here some math about 15 reds in a row. It's an example and it shows that the chance does exist.
Indeed, for 15-20 reds in a row you have to be very unlucky, but it's basic math, the longer you play the bigger the chance even the events with small odds can happen.


When I play dice I do something somewhat similar with your logic, but with a very big difference: if I get to a 4-5 losing streak already I stop and go back to the initial amount. And you know why? Because it's not worth to wager 1000s of dollars to basically try to recover 20$ (give or take).

[cabron]

You should start with the very minimum amount to minimize risk. Maybe start with 1$ if you have that huge amount of money willing to bet on dice with such strategy.

Losing  10x I think is actually common to dice players. Call it rigged. But stop when you make money out of it.  Probably try a budget of jusy 100$ and start with $0.10 if they allow.

[mocacinno]

--snip--

If you have  50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.

Sure there is... Let's assume there is no house edge (aka, the most profitable scenario from your point of view). I'm also assuming "original" martingale where you double on losing and reset on winning (your martingale approach will make you lose more money faster during a losing streak, so it'll be even worse)
The odds of rolling 1 time and losing: 1/2, you just lost $20
The odds of rolling 2 times and losing: 1/2 * 1/2 = 1/4, you just lost $20 + $40 = $60
The odds of rolling 3 times and losing: 1/8, you just lost $60 + $80 = $140
The odds of rolling 4 times and losing: 1/16, you just lost $140 + $160 = $300
5 => 1/32, you just lost $300 + $320 = $620
6 => 1/64, you just lost $620 + $640 = $1260
7 => 1/128, you just lost $1260 + $1280 = $2540
8 => 1/256, you just lost $2540 + $2560 = $5100
9 => 1/512, you just lost $5100 + $5120 = $10220
10 => 1/1024, you just lost $10220 + $10240 = $20460
11 => 1/2048, you just lost $20460 + $20480= $40940

And you're done... your $50k bankroll can no longer suffice for continuing...
if you try to win $20 (cause that's all you'll win) for 2048 times, on average you'll lose $40k of your $50k bankroll...

[sunsilk]

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

It's a known method, martingale.

Good luck with that method and for the first try maybe you're able to win at your 7th bet or earlier than that. But to tell you,it's a risky strategy and it's hard to win with that strategy in the long run.

You may win with some of your bets at the beginning or you'll able to recover it back when you bet double with your latest lose. But, how long you'll think that luck is with you because this isn't ideal for those that have a limited budget.

[FatFork]

If you have  50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.

What makes you think that? Can you back that up by providing relevant data? Each new roll has no connection to the previous ones and you always have an equal chance to roll red or green.

If you start with a $20 initial bet, and double your bet on every loss, you'll burn through your $50,000 balance with just 10 reds in a row. Even if you start with a $1 initial bet, you'll burn through $50k with just 14 reds in a row. And, if you've gambled long enough, you'd know that a bad streak of 14 reds in a row is quite possible.

[hosseinimr93]

If you have  50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.

It's surely possible. Even more loses in a row is very likely. You will finally lose. Be sure of that.

Assume that you have 50,000 dollars. You want to double it and the house edge is only 1%.
If you play at 2x multiplier, you have 49.5% chance to double your balance and 50.5% chance to lose your balance.

Now assume that I try to double my 50,000 dollar using martingale strategy.
I set the base amount to only 5 cents. If I lose the bet, I will double the bet amount and if I win the bet, I return the bet amount to 5 cents.

Let's do some calculations and see if my chance increases.
I can continue until I lose 20 bets in a row.
As with every win I win only 0.05 cents, to double my initial balance, I must win 1 million bets.

The chance to lose 20 bets in a row is 0.505^20. That's only 0.000117%. Till now every thing is OK.

To double my balance, I have to win 1 million times.
The chance of not losing 20 times in a row until you win 1 million bets is (1-0.00000117)^1,000,000. That's 31%.

Therefore, the chance to increase your balance with martingale strategy is 31% while the chance to that with a single bet was 49.5%.
This is how martingale strategy decreases the chance of success.

[dimonstration]

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

This will not gonna work, You can still loss 50 times straight or more for that winning percentage. You are using an abnormal martingale strategy which very risky considering how huge the money you are betting including the bet increase. Maybe it work on your case that losing streak is not over 7 but that doesn’t mean it’s the limit since everyone that playing will win most of the time if your theory was true and also it’s statistically impossible to be honest.

This is a dangerous suggestion and might risk newbie to lose huge funds in case they read your thread and follow it. Lock this and move on.

[Chato1977]

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

Checking the thread you created ? you looks like a truly Good in gambling mate , just like what the last post you created  in which about because of your continuity in winning as Duelbits limit you from betting amount .

https://bitcointalk.org/index.php?topic=5415907.msg61060360#msg61060360

So I  think sharing most of your strategy will help more gamblers to beat the casino houses .

but at least for those that needs only small capital and not that much as 50k? this is a High amount to start with.

[crwth]

I think everyone who has tried gambling and who has researched somewhat came across with Martingale strategy. For sure, using this method, somehow someway everyone has experienced a winning time and also a losing time. And when you have that losing streak, that’s going to be the most challenging feeling and make you question your actions if you are going to continue gambling or not.

Then you will realise it’s just going to be by luck and you can’t really take advantage of a strategy since it still has a possibility to lose. Be careful and control your money.

[hosseinimr93]

So I  think sharing most of your strategy will help more gamblers to beat the casino houses .

In the ling run, that's impossible. The house edge guarantee that the casino will not lose. 

but at least for those that needs only small capital and not that much as 50k? this is a High amount to start with.

Did you read the posts made above?
Regardless of you start with 1 dollar or 1 million dollars, it's impossible to succeed.
With martingale strategy, not only you don't increase the chance of winning, but also you decrease your chance.

[Jemzx00]

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

This is the most common strategy out there for dice games and it is called the "Martingale Strategy". A lot of us have already tried it and it doesn't always work as expected. Also, I suggest that you lower your initial bet which is less than 20$ and try at a smaller value such as 1$ or less. This way you can maximize your winning rate and avoid losing most or all of your bankroll instantly. One of the key factors for this strategy is your bankroll as you will need a lot of it in case you'll encounter a losing streak that is more than 7 times which usually happens.

[Solosanz]

@OP if you think that's method have 100% guarantee you will keep winning on dice, why you're not trying yourself and post the result here after you gamble for consecutive 7 days?

You don't need to start to bet higher amount like $20, just start from 1 satoshi or 0.00000001 BTC and if you lose just double your bet, so you wouldn't lose to much.

Simple logic, if martingale method is work on gambling, why there's many casinos still survive until now?

[dothebeats]

Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?

You must not have gotten too deep into dice. Even with 49.5% odds there is a huge possibility that you can sink into a lose streak that is more than 7 times. Longest I've had is 15 and if I followed your method, I'd be out in the game in just a few seconds. Also, changing bet size is IMO not a sound strategy that can help you increase your win probability. It's all luck in dice at the end of the day. Changing bet size helps you make the most out of the greens that will help you make or break, but it's not a gaming strategy.

[panjul07]

Frankly speaking I thought that I will read the same story about martingale strategy when I read your title, and I was right.
If you think that it is the way for you to win on dice, do it as much as you can and let us know about your final result.
Before you find this method, I'm quite sure there many other players used this method before you.
Can you find any story where players become rich because of such method/strategy on dice game?

If you have  50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.
at least for short term you must be extremly  unlucky to to fail with it. Or  have casino games rigged.

Even if you have unlimited budget, you will lose eventually because you may reach the step where you cant continue your bet due to max winning limit per bet.
Saying there is no way to get 20 reds in a row is completely wrong mindset, bear in mind that every single roll is independent which means that your previous roll does not affect the next roll.
You can even get 10 red in a row with 90% winning chance (I experienced it myself long time ago) but luckily I did not do martingale as I did flat betting only for wagering purpose.

[danherbias07]

It works if you are that rich. Who says you will not fail at the 7th time? It could go on until the 20th time and maybe more.
And if you don't have enough money you won't even reach the 10th time so you will have to give it up.
Remember the house will always win, I even have a thought of while you are increasing your bet, the chances of winning begin to go lower.
I don't recommend this method for beginners, it's pure gambling and not a strategy. The risk is way too high too.