My new favorite betting method.

[piebeyb]

It's been a long time since I played Dice, but it looks like this method can be used in the Limbo game because it won't be much different from the game, I haven't tried this betting method, I always change the martingale betting strategy and always lose, but maybe I'd be happy if you share the results of the method this even though I know that it is difficult to beat the bookie.

If this method works and is profitable without losing, obviously the casino will read this and change the existing system, that's why I think you need to try it repeatedly because if you only try it once in a while maybe you are lucky and happen to win so you can't be sure that this method is correct really works fine. I need you to do some more research and share more here. maybe I'll try it in the Limbo game

[Gozie51]

From the table, my mind goes to martingale kind of betting and it is not far from it because you are adding up odds and betting stake each following game like you want to make up for the previous game. I think if this strategy goes wrong then it will accumulate alot of losses for you. I have only tested such in soccer game when I expect I'm going to have a win. Martingale is good when in profit.

[boltz]

This method is already bad from start as you decrease your chances to win by each bet you place during that betting run. Sure , you can have a strain of luck and you will hit 4 consecutive wins but the chances for this to actually happen is pretty low , especially now when bookies are involved in almost every sport and sponsor teams all over the world. Pretty much , stick to simple betting and forget that there is a formula to actually make you a rich from betting. 

[leonair]

The logic behind this betting method isn't complex at all. You bet $2 on x2 and on the next bet you sum +1 to the bet amount and it looks something like this:

Code:

$2 - x2
$3 - x3
$4 - x4
$5 - x5
...
$10,000 - x10,000

I know, in the example looks like a lot of money to bet, but now think about starting from 0.00000002 BTC or better known as 2 satoshis, with increments of 1 satoshi, you can be betting in the long run with 0.001 btc.

To do this I hire a guy to make a betting bot for a casino, and is looking good, is really hard to find a losing run with it.

So, what do you think about this betting method, Has someone tried it in the past?

It can be a good strategy Because we should bet small amount at the starting time. and we should gamble long time with small amount to understand gambling pattern then we should use some extra money. Gambling with a low fund limit will not result in a huge loss.  And they may be recoverable at some point.  But if you start gambling with a big amount in the beginning, you will lose a lot of amount, then if you panic, there will be a risk of losing more.

[Stepstowealth]

So, what do you think about this betting method, Has someone tried it in the past?

It seems to be working for you and the game you gamble on, but it is not an applicable method to everyone on the games they gamble. Plus your strategy requires a lot of discipline to stick to a betting amount, many gamblers are not disciplined and may not like to follow a strategy book when gambling, it takes the fun away and still does not give any assurance that you will win, so at the end after following up a strategy, you will be surprised that you did not have fun and you did not still win at same time, double loss. 

[Wapfika]

On each bet, you are increasing the betting amount and at the same time, you are increasing your odds for which there is an increasing losing chance on the bet. And in this way, there is a low chance to e a winner as on each bet you are increasing the odds. As a result, the possible loss is higher than being the winner.

The odds is a nice topic to talk about, what are the odds to hit an x10? 1/10, what are the odds to hit an x100? 1/100... so, when you are chasing an x540 you have done x539 bets, so, feels like we are moving with the odds, in other words, while lowering the chance to win then more bets on the line.

I was confused on reading the OP but good to see this statement of yours for the confirmation before I post here. The strategy is interesting and very greed at the same time. High risk high reward method but with gradual increase is what makes this method interesting to me. This is a good method if there’s a script that we can use on a casino since dice auto mode has limited function which doesn’t have the increased of win chance rate on next bet.

I remember that you created other experiments like this before so I knew that you already tested this before you post. How many total bets you have and what’s the profit ratio in terms of your total bets?

[pawanjain]

The logic behind this betting method isn't complex at all. You bet $2 on x2 and on the next bet you sum +1 to the bet amount and it looks something like this:

Code:

$2 - x2
$3 - x3
$4 - x4
$5 - x5
...
$10,000 - x10,000

I know, in the example looks like a lot of money to bet, but now think about starting from 0.00000002 BTC or better known as 2 satoshis, with increments of 1 satoshi, you can be betting in the long run with 0.001 btc.

To do this I hire a guy to make a betting bot for a casino, and is looking good, is really hard to find a losing run with it.

So, what do you think about this betting method, Has someone tried it in the past?

So no matter you win or lose the bet you still increase the bet by 1 is it ?
I think the amount you lose will keep increasing using this strategy.
Once the losing streak starts the bet amount will keep increasing thus losing more money.
Besides that, since the odds are increase the probability of losing streak will become higher with every bet.
But it's not bad to try out different strategies and so keep us posted with the results.

[seoincorporation]

So JustDice has some expert settings? I get that you increase the bet with 000001 after every loss, but what about the multiplier? How did you set it up?

The site doesn't have a betting bot by itself, but they allow us to use javascript bots in the browser console, that's how I do it.

Aren't bets in a casino using bots (any game process automation systems) prohibited? Are you not afraid that your account will be banned, lose your deposit and possibly be blacklisted with the inability to play in this (and possibly other) casino?

This casino allows bots and multi accounts, I have talk with them before running the bots and they agreed. So, we don't have to worry about this because we are not braking the rules.

What's your biggest red streak thus far and highest multi you have hit? You've only tried this on just dice? I would be curious to know if different sites have different results, maybe try 1 of the other dice sites and update us.

If we wanted to try this ourselves we would have to code a bot or find 1 like suentjie correct? None of the sites that i know of have a way to set up their site bot like this.

So far my biggest losing streak was 100,000 bets, and my biggest multi was x9900, But I'm running with that limit, I should make the bet lower and run for a x990,000 just for testing. But that amount of bets takes hours.

This method is already bad from start as you decrease your chances to win by each bet you place during that betting run.

I do not agree, that we decrease our chance to win because as I mentioned before, the odds to hit a x500 is close to 1/500 bets. So, the odds to hit are the same.

[Jody.Drummer]

So, what do you think about this betting method, Has someone tried it in the past?

It seems to be working for you and the game you gamble on, but it is not an applicable method to everyone on the games they gamble. Plus your strategy requires a lot of discipline to stick to a betting amount, many gamblers are not disciplined and may not like to follow a strategy book when gambling, it takes the fun away and still does not give any assurance that you will win, so at the end after following up a strategy, you will be surprised that you did not have fun and you did not still win at same time, double loss. 

Well that's what I have in mind when I think of betting strategies, not that I don't want to win the bet, it's just that it will make the fun in the game a little less for me. Because in each round I am forced to think if I use a strategy, and like you I will bet according to my wishes at that time. It can be said that when I feel good then I will increase the amount of the bet and vice versa, yes even though I still lose more. Lol
Maybe there is something different if we compare it with others, but I am very happy and enjoy the game.

[Zoomic]

Code:

$2 - x2
$3 - x3
$4 - x4
$5 - x5
...
$10,000 - x10,000

I do not fully understand this method you described above. This like compounding bet where you re-bet your winning but the difference in yours is that you re-bet your capital and another money to it for the increment. This is not making so much sense to me and I will not follow such steps because once the disaster comes, the effect will be so severe on the victim to.

[Stable090]

The logic behind this betting method isn't complex at all. You bet $2 on x2 and on the next bet you sum +1 to the bet amount and it looks something like this:

The strategy is pretty cool, you will start with a little odd and little amount which time you will have to start increasing the amount which you are gambling with and the odd, when you start at the beginning the risk might be pretty low, but when you keep on increasing the odd and the amount you are gambling with, then the risk will start increasing, because the higher your odd, the higher the risk with you will be taking, so how sure are you that you won’t end up losing money after getting to the higher odds?

You might be using a bot and it might be working pretty well for you, but hope you know a bot can fail you at any moment which at the end you might end up losing everything you have being accumulating. But if you think it’s a perfect strategy, then you can give it a trial and see.

[Agbe]

Basically you are one of the gamblers, who think that they could outsmart the casinos by "inventing" some "genius" betting strategy that was never seen before. In most cases, those "genius" betting strategies are just a variation of martingale.
The bad news is nobody can outsmart the casinos. The "betting strategy" doesn't matter. The casino always wins. Stop trying to make consistent profits out of gambling and just play for fun. Good luck with all those betting bots, that are running on virtual private servers.
I hope that you will make enough money to retire and go the Bahamas.

Lolz. Exactly, the op is trying to outsmart the game, though it is good to invent new strategy in the gambling field and that make it more interesting. And I also believe the op can only use that method in sportsbet because it only in sport you can predict one bet and x it to any number of your choice. Like what op place it, if he wins the first two and loss the last bet the won ones would also cut unless he cashout the previous won and I don't think this method has cashout.

[bittraffic]

The martingale looks better than that strategy the only thing you need to follow is the discipline to stop while you're winning in a dice. You will have winning and losing streaks, you might not be able to stop the betting when you use the bots.

Will the bot follow patterns? I have only experienced auto bet and it's not a good experience. I'm guess they both work the same and the only way to stop it is to do it manually.

[Haunebu]

So far my biggest losing streak was 100,000 bets, and my biggest multi was x9900, But I'm running with that limit, I should make the bet lower and run for a x990,000 just for testing. But that amount of bets takes hours.

I don't get it. Losing 100,000 bets in a row is possible only if the odds are extremely high. What were the odds in this case?

Will the bot follow patterns? I have only experienced auto bet and it's not a good experience. I'm guess they both work the same and the only way to stop it is to do it manually.

There are no patterns in gambling frankly speaking. People tend to believe that they exist because of some repititive bets, but such stuff is very common. All bets are independent of each other in provably fair games.

[so98nn]

I also fear the amount of money that it will require. Even though it is in the increment of one Satoshi for every bet it doesn’t guarantee you winning streak along the way. At any point House edge algorithm is going to take the effect and thus making you lose the previous bets or upcoming bets if you have won fairly enough money and played the users edge.

After that, if you need to learn about this or take a trial then you can do the same on any multiplier game. For example try it manually or auto on the freebitcoin. You will see it doesn’t work the way you are imagining it here.

I mean we already have the auto roller on that website and we already know the result. I am not sure what is new in yours?

[ryzaadit]

That's just martingale on winning.

It's to optimize the money you are winning (in hot ron, you are gonna win a lot), less advantage of these methods are your money will be drained faster. You need to avoid (win, lose, win lose) or (losing streak).

It's called, momentum strategy[/b (you raised the bet 1,5/2x from the last winning until you facing a lose) then will back to original bet.

[BitcoinPanther]

The logic behind this betting method isn't complex at all. You bet $2 on x2 and on the next bet you sum +1 to the bet amount and it looks something like this:

Code:

$2 - x2
$3 - x3
$4 - x4
$5 - x5
...
$10,000 - x10,000

I know, in the example looks like a lot of money to bet, but now think about starting from 0.00000002 BTC or better known as 2 satoshis, with increments of 1 satoshi, you can be betting in the long run with 0.001 btc.

To do this I hire a guy to make a betting bot for a casino, and is looking good, is really hard to find a losing run with it.

So, what do you think about this betting method, Has someone tried it in the past?

I did tried this method, it was great in the beginning and I am loving it so much until it starts painting red.  It more easier to deplete our bankroll this way.  This is like modified martingale in a more aggressive method.  So if we believe and  think that martingale is not a good strategy then anything about this strategy is the same except this method depletes our bankroll more easily.  Though, if this works in your favor then I am happy for you . 

[internetional]

The logic behind this betting method isn't complex at all. You bet $2 on x2 and on the next bet you sum +1 to the bet amount and it looks something like this:

Code:

$2 - x2
$3 - x3
$4 - x4
$5 - x5
...
$10,000 - x10,000

It sounds to me like a variant of the Martingale, but more sophisticated. 

Is really? Just usual Martingale. Martingale shouldn’t be always an x2 system.

I used this approach in Forex trading 15 years ago. I don’t remember, maybe I found it quite sophisticated at that time. But, actually, it is not more sophisticated than to double a bet amount after each round.

[SamReomo]

The logic behind this betting method isn't complex at all. You bet $2 on x2 and on the next bet you sum +1 to the bet amount and it looks something like this:

Code:

$2 - x2
$3 - x3
$4 - x4
$5 - x5
...
$10,000 - x10,000

I know, in the example looks like a lot of money to bet, but now think about starting from 0.00000002 BTC or better known as 2 satoshis, with increments of 1 satoshi, you can be betting in the long run with 0.001 btc.

To do this I hire a guy to make a betting bot for a casino, and is looking good, is really hard to find a losing run with it.

So, what do you think about this betting method, Has someone tried it in the past?

Don't take me wrong, but this is one of the worst strategies that someone can try. This type of strategies are for the games that support 10000x multipliers and one of such games that I know is Crash. When someone uses such strategy on games like crash then the chances of getting higher multiplier is very low for such players.

I know that the strategy may work for those who are extremely lucky, but for those with low levels of luck the strategy will never work at all. I have seen many players following a similar strategy on Crash and they have lost so many bets due to such strategy.

[Porfirii]

I'm confused.

On one hand, I'm a strong believer that, in the long term, the casino always wins; so, to me, setting sophisticated strategies in order to improve the odds to win and not just to have fun testing numbers is a waste of time and money. But I don't know whether I've completely understood your system: it seems like a variant of the martingale many other members named before, but are we missing something?

On the other hand, I don't think that betting with such small decimals makes any difference: it only allows you to make a huge number of bets, but again, with more bets smaller chances to win IMO.

Please, let me know if I'm missing something: I'm not an expert in maths so I must stay humble, but your system (any system) goes against my understanding of how odds work.