What is the maximum number of loosing streak possible in dice with 20%/5x win?

[klidex]

I need to know maximum possible streak number without hitting 5x once?

If it is possible to see 34 times loss streak without 2x on dice ( below 49.5) then we can multiply the payout ratio/hitting frequency for other multipliers. I have personally seen 43 times without 4x on dice so for 5x it can go straight downhill for 65+, IMHO.

Exactly, weve seen the worst with those losing streaks using whether the common strategy martingale or using up other strategies and this is why im not really that a fan on chasing up multipliers because no matter

how you do make up calculations but still wont really be that enough for you to be assured that you would make winnings or guaranteed profit.Im not saying it isnt effective but
people do always love to choose.If we do see 30+ losing streaks on a 2x odds then how much more on 5x which would even more worst.
There are sites which does have demo which it wouldn't be a bad idea to test up those runs.

I don't know why but majority of gamblers love to choose martingale based on previous loss streaks. Somehow reverse martingale is understandable but for insane loss streaks this money management strategy is useless and guaranteed loss. OP can run simulation and see what was max loss streaks for target multi in billions of rolls.

By using the martingale strategy a gambler can recover the amount of losses he has experienced and I think this strategy can indeed be expected to be able to develop all consecutive losses.
However, the martingale strategy requires a sizable amount of capital because gamblers must continue to increase the number of bets in each bet until they win the last bet. And this strategy has been used by many gamblers and has proven to be successful.

[1714261894]

1714261894

[hosseinimr93]

And this strategy has been used by many gamblers and has proven to be successful.

No. It's proven that with using martingale strategy, not only you don't increase your chance, but you decrease your chance.
If you use martingale strategy, you will finally lose all your money. To succeed, you need unlimited balance. Since it's impossible to have an unlimited balance, the strategy doesn't work as excepted by some people like you.

[piebeyb]

there is no maximum when playing dice rolls and moreover I often use the martingale technique of course I have experienced losing streaks of more than 5x and even spent my money for the next round and stopped losing my funds too, playing martingale of course you need to have large capital too but not sure about that would work because it could have been on a losing streak dozens of times, I realized that the house would always win our money

[LoyceV]

If you think there's a maximum to random numbers, you couldn't be more wrong. If you try often enough, anything is possible.
It may be nice to do the math: I (years ago) called this the "Landen-strategy" (named after a user who played this for months and won big before losing even bigger). Take a look at the spreadsheet, it's a low chance high win martingale strategy. If you play one round, the chance to win is incredibly high, as long as your bankroll is high enough and you're willing to risk everything for relatively small gains.
If you play this often enough, you will eventually lose everything.

[Darker45]

Everything is possible. There's no maximum. Each roll is completely independent from each other. So, even if you're already on a 20-roll losing streak, it doesn't mean the 21^st roll is more likely a win. It could still be a loss.

That applies even to 2x payout, which has almost 50% win chance considering there is always a house edge. So, how much more if it's 5x you are trying to hit? With 5x payout, the chance of winning is less than 20%. The possibility of losing is much higher, so the possibility of a longer losing streak is also higher.

[sunsilk]

There's sort of experiment that OP is trying to do but he'll eventually find it out that there's really no such that limits the possible losing streak that he's going to get.

Usually questions like the OP's come from gamblers without much knowledge who are hoping to beat the casino using Martingale or one of its variants, and that he is planning to:

<...> get 5$ a day maybe.

indicates that this is the case.

He can get that but with a bigger capital if that's he's achieving to have, some may say that it's an easy amount to achieve because they always did and some will say that it's hard for them because of having not that much capital.

If so, OP should understand that these variants of strategies, he has to try it if he can afford to do so and test it out for which is the best strategy that will make him satisfy taking home $5 a day.

[goinmerry]

No. It's proven that with using martingale strategy, not only you don't increase your chance, but you decrease your chance.
If you use martingale strategy, you will finally lose all your money. To succeed, you need unlimited balance. Since it's impossible to have an unlimited balance, the strategy doesn't work as excepted by some people like you.

Either way, be increasing your chance or decreasing, that's not how martingale works. So is the other strategy if we refer to luck-based games.

Martingale is NOT a strategy but rather a betting type or kind.

If used that kind of betting type is, all rolls are still subject to the provably fair and random hashes or seeds.

[Mahanton]

Everything is possible. There's no maximum. Each roll is completely independent from each other. So, even if you're already on a 20-roll losing streak, it doesn't mean the 21^st roll is more likely a win. It could still be a loss.

That applies even to 2x payout, which has almost 50% win chance considering there is always a house edge. So, how much more if it's 5x you are trying to hit? With 5x payout, the chance of winning is less than 20%. The possibility of losing is much higher, so the possibility of a longer losing streak is also higher.

The higher the payout the higher the chance of losing money or losing bets and just like on what most people been saying that it would really be totally in random but with that 20% winning chance then it would
be understandable that on every 5 bets there would be only 1 winning roll but we know the true essence or in fact the  reality that it couldnt really stop just there on that few losing streaks.
20 losing streak is small and we are talking about 2x and just said that how much more on 5x which is more than on those 2 where it would be just typical that odds
would become worst or lessen up the chances for you to win up.