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Author Topic: My new favorite betting method.  (Read 574 times)
seoincorporation (OP)
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August 04, 2023, 06:09:47 PM
 #61

Let me explain the difference between martingale and my method:

Martingale: at the end of the run, your profit equals the initial bet. For example:

$2 on x2 - lose
$4 on x2 - lose
$8 on x2 - lose
$16 on x2 - win

Profit=$2

My method: At the end of the run you double up the total betting amount, let's say you bet a total of $50 in 100 bets and win in the last one, you get back $100.

That's why is an enormous difference between my method and martingale, they are totally different in the long run. And even if its a variance of Martingale, I feel this method deserve it's own name.

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August 04, 2023, 06:44:44 PM
 #62

My method: At the end of the run you double up the total betting amount, let's say you bet a total of $50 in 100 bets and win in the last one, you get back $100.

That's why is an enormous difference between my method and martingale, they are totally different in the long run. And even if its a variance of Martingale, I feel this method deserve it's own name.

Yes, but with your method, if you start with a $2 bet, by the 100th bet, you will already be wagering over $5000. So, either you have to have a significant amount in your account, or you have to start with a very low initial bet. Basically the same as the martingale strategy.

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August 04, 2023, 06:46:07 PM
 #63

initially looked at this thread like something new but it turns out to be like a little martingale method and Im not going to try it just to test the game or luck in any case. I mean the martingale strategy, even if its in small amounts, it won't work because everyone will end up losing and draining the balance, especially in dice games. I often play dice when slot games seem to be away from me but its all the same I will never win using any strategy.
but to be honest I appreciate the OP effort in sharing the experience with the new mode from martingale maybe if only to just test everything is fine but will fail in the end.


The method for the game which doesn't match all the game.The strategy of one gambler may or mayn't apply to other gambler.Dice game is the game had the capable to make a man rich or drain the entire money and make him poorest person.Both the capacity was hold by the dice game,but most of the people favorite game will be dice.Even my favorite game was dice as compared to the other game.The reason behind my wish is,we can get to the know the result of the dice game in short run as compared t other game.Their is no strategy work for the gambling,only can play with the probability.

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August 04, 2023, 07:53:57 PM
 #64

I wonder how profitable anyone can be using this method of yours.
 This betting method of yours is very risky and doubt if there's any good chance of getting a win out of it.  With each bet comes a higher amount with an increasing risk. And when the risk in our bets is very high it's easy to lose it. Why not make it the other way round as with each bet going forward you lower the risk while you make higher the bet amount, the chance of winning in this way is much better
The strategy is just a way to lose. It is the worst strategy that I can can think of. To be increasing your betting amount with higher odd. He also supposed to compare games too.

IfI am gambling in casino, I go for just 3 odds to be the highest and I do not go more than that.

In football or sport, to even see 2 odds is very hard. The good clubs are given small odds and this makes what he said not to be real.

In casinos, somethings I can use martingale strategy, but which is very risky too. I still prefer it to this one which is more risky. With martingale strategy, you do not need to increase the odds that you are using to bet, it can be 3 odds and it should not be more than that and going higher from a little betting amount. I can do this up to 3 times and the final result will be the last one that I will gamble that day because it is a very simple means to lose money significantly also if your plan fails after you have played like 3 to 5 times.

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August 04, 2023, 08:18:25 PM
 #65

initially looked at this thread like something new but it turns out to be like a little martingale method and Im not going to try it just to test the game or luck in any case. I mean the martingale strategy, even if its in small amounts, it won't work because everyone will end up losing and draining the balance, especially in dice games. I often play dice when slot games seem to be away from me but its all the same I will never win using any strategy.
but to be honest I appreciate the OP effort in sharing the experience with the new mode from martingale maybe if only to just test everything is fine but will fail in the end.


The method for the game which doesn't match all the game.The strategy of one gambler may or mayn't apply to other gambler.Dice game is the game had the capable to make a man rich or drain the entire money and make him poorest person.Both the capacity was hold by the dice game,but most of the people favorite game will be dice.Even my favorite game was dice as compared to the other game.The reason behind my wish is,we can get to the know the result of the dice game in short run as compared t other game.Their is no strategy work for the gambling,only can play with the probability.

This strategy is like martigale method. It's too risky especially if you would set specific amount. Yes, it could be profitable in the beginning but it wouldn't be that successful in the long run. It could be profitable but could also be a reason for you to lose everything you have in an instance.
This method will only be good to those who are willing to take huge risks but not to those who want to control and limit their gambling expences and activities so we bettwr be wise if ever we want to try this strategy.
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August 04, 2023, 09:37:50 PM
 #66

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?
NBA.

Every "method" has its flaws there is no full proof way to consistently beat the casinos or it would be replicated by everyone and eventually there wouldn't be any casinos.  Gamble for fun if you win great if you lose oh well have fun doing it.  Maybe it works maybe it doesn't I'd like to see some data behind all of your bet results to see how much if any you swing the odds into your favor.

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August 04, 2023, 09:47:55 PM
 #67

That's why is an enormous difference between my method and martingale, they are totally different in the long run. And even if its a variance of Martingale, I feel this method deserve it's own name.
They have their differences, but on long run I don't think the result will be different... On both methods if you hit a long loss streak you are doomed and won't be able to continue playing, what inevitably happens sooner or later.

With your method, let's say I bet 2$, 3$, 4$, 5$ and lose all bets. Then I already have a 14$ loss. Next, I place a 6$ bet and 12$ return to the bankroll. It doesn't worth, because you put 20$ on the table to profit 6$ in the end. Then besides playing against the house, you are also struggling against your own strategy on long term. It may be good on short loss streaks, but not on the longer ones above 5 losses in a row, which are quite common.

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August 04, 2023, 10:34:37 PM
 #68

Thats a novel approach to gambling. You begin with two satoshis and increase by one with each iteration, right? Im so, very sorry! Put aside all comparisons. In any case, I think you understand.

Then its a machine carrying out your instructions. Cool! You may kick back with a drink while the bot makes your wagers. Please update me on how the robot is doing. Is your Bitcoin fortune now in the millions? Perhaps a millionaire could be of assistance.

As an aside, have you tried it? Nope. But I find it fascinating. I've never been treated like this before. It certainly grabs attention, but I cant say for sure that its fantastic.

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August 04, 2023, 10:38:36 PM
 #69

I'm sorry for my ignorance, I don't play casino games that depend on luck, I prefer sports betting. but from what I'm reading the casinos also put limits on the amount of money people can bet on, especially when they realize that a person is having a lot of wins, so I suppose if you keep doing things like putting in 2$, losing, then putting 4$ then lose, then put 6$ lose, then put 6$ then lose, then put 32$ lose again, and then put 64$ and lose again, when you put 128$ the casino might not accept it and in that case if you were put a value lower than 128$ something like put back 64$ and you won then you would not make a profit

You wouldn't have recouped your loss either, so how do you intend to deal with the betting limits that casinos place? It seems to me that your strategy even when you make a profit is very low unless the person puts a lot of money, in which case when you put a lot of money initially and go on doubling the bet, you will reach the bet limit that the casino places and after that you won't have a way to bet so that you can at least recover your loss, I hope I'm wrong in my thinking or analysis

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August 05, 2023, 05:40:52 AM
 #70

So, what do you think about this betting method, Has someone tried it in the past?
Yes, I ever tried on freebitco. I just claim free satoshi and bet it like your example. But, playing like this is not long, I always lost after. We must have a target to manage to stop. without any targets when to stop, you will back to zero. Everyone has their own method to play comfortably. but the player must have adjust to circumstances and mood. we don't have play like that on every game. because sometime is not suitable with calculate and condition

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Josefjix
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August 05, 2023, 05:52:42 AM
 #71

Yes, but with your method, if you start with a $2 bet, by the 100th bet, you will already be wagering over $5000. So, either you have to have a significant amount in your account, or you have to start with a very low initial bet. Basically the same as the martingale strategy.

Always stepping up my strategy, no time to relent towards it or form a copy method from my colleagues. $2 is insufficient, but depending on the odds, you will reap precisely what you sow. The system cannot be manipulated. Wagering games with a lesser initial capital will inevitably result in losses and little gains when contrasted to the massive capital that will result in tremendous earnings. Doing what works for you, even if it means going it alone, as long as it generates profits. It's a long road ahead, but prepared for what ever comes our way.

R


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August 05, 2023, 10:51:51 AM
 #72

That's why is an enormous difference between my method and martingale, they are totally different in the long run. And even if its a variance of Martingale, I feel this method deserve it's own name.
They have their differences, but on long run I don't think the result will be different... On both methods if you hit a long loss streak you are doomed and won't be able to continue playing, what inevitably happens sooner or later.

With your method, let's say I bet 2$, 3$, 4$, 5$ and lose all bets. Then I already have a 14$ loss. Next, I place a 6$ bet and 12$ return to the bankroll. It doesn't worth, because you put 20$ on the table to profit 6$ in the end. Then besides playing against the house, you are also struggling against your own strategy on long term. It may be good on short loss streaks, but not on the longer ones above 5 losses in a row, which are quite common.

You might have overlooked the fact that with his method, you must also increase the multiplier with each bet. For instance, if you place a $6 bet, you should set a x6 multiplier, which would yield a $36 return if you win. So, the total wager would be $20, resulting in $36 won and a profit of $16.

As I see it, the math checks out, but the strategy still has a flaw when you encounter a long losing streak, which will ultimately deplete your entire balance sooner or later.

R


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August 05, 2023, 02:02:20 PM
 #73

That's why is an enormous difference between my method and martingale, they are totally different in the long run. And even if its a variance of Martingale, I feel this method deserve it's own name.
They have their differences, but on long run I don't think the result will be different... On both methods if you hit a long loss streak you are doomed and won't be able to continue playing, what inevitably happens sooner or later.

With your method, let's say I bet 2$, 3$, 4$, 5$ and lose all bets. Then I already have a 14$ loss. Next, I place a 6$ bet and 12$ return to the bankroll. It doesn't worth, because you put 20$ on the table to profit 6$ in the end. Then besides playing against the house, you are also struggling against your own strategy on long term. It may be good on short loss streaks, but not on the longer ones above 5 losses in a row, which are quite common.

You might have overlooked the fact that with his method, you must also increase the multiplier with each bet. For instance, if you place a $6 bet, you should set a x6 multiplier, which would yield a $36 return if you win. So, the total wager would be $20, resulting in $36 won and a profit of $16.

As I see it, the math checks out, but the strategy still has a flaw when you encounter a long losing streak, which will ultimately deplete your entire balance sooner or later.
Wow, then it's more risky yet. A x6 multiplier consists in 16,5% winning chance at Stake platform. Meaning it's very likely you will reach this loss streak quite often along your gambling session, while it's very unlikely you will hit a winning with such odds in a frequent basis. After all, your loss streak will become a snow ball with slight chances of recory after 7-8 losses in a row. It actually seems more risky than Martingale on short run.

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August 05, 2023, 03:02:54 PM
 #74

Well, we've always heard and seen that there isn't a single strategy in gambling that can actually make you win against the house in the long run. For the short term, even martingale strategy might provide you with some profits and prevent you from losses, but as time goes on and your wagers start to build up, you will eventually get a loss streak that will empty your bankroll and you will be left with nothing at all and then you will realize it's gambling and it's never a way to get constant profit.

I know that it would take more time and it might have a better success rate than Martingale since you are not doubling the amount after every lost bet but only adding 1x, since the odds are also increasing by 1x every time, it's possible to hit a higher loss streak with this strategy than Martingale.

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August 05, 2023, 03:23:46 PM
 #75

Well, we've always heard and seen that there isn't a single strategy in gambling that can actually make you win against the house in the long run. For the short term, even martingale strategy might provide you with some profits and prevent you from losses, but as time goes on and your wagers start to build up, you will eventually get a loss streak that will empty your bankroll and you will be left with nothing at all and then you will realize it's gambling and it's never a way to get constant profit.

I know that it would take more time and it might have a better success rate than Martingale since you are not doubling the amount after every lost bet but only adding 1x, since the odds are also increasing by 1x every time, it's possible to hit a higher loss streak with this strategy than Martingale.
Yes that's right, I've also revamped a lot of strategies like martingale but nothing really works, I also thought I'd like to see the results the OP got like screenshots to share here how can he be sure that the strategy will work, so far a lot of strategy works what I made in the end is still the same, the system will read it then I lose.

Since then I have been more inclined to play in the casino just for fun, no matter how you win, just enjoy the game, winning is a bonus, if you lose, let's say I pay to enjoy the game, so there is no feeling of losing, gambling depends on how we set the pattern. he thought, always remembering that the house can never lose with any strategy and it is not easy to win big against them. just that  Wink

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August 06, 2023, 08:06:08 PM
 #76

So, what do you think about this betting method, Has someone tried it in the past?
Yes, I ever tried on freebitco. I just claim free satoshi and bet it like your example. But, playing like this is not long, I always lost after. We must have a target to manage to stop. without any targets when to stop, you will back to zero. Everyone has their own method to play comfortably. but the player must have adjust to circumstances and mood. we don't have play like that on every game. because sometime is not suitable with calculate and condition

Yeah a series of losing streak with this kind of method can easily sweep our balance away.  This method requires a fund several times much bigger than the usual martingale if we wanted to play a little longer.  With the increasing amount of wagering and the multiplier, if we are hit by bad luck our fund might not last for at least a minute or two.  Aside from that with this kind of strategy we should be keen in observing when to reset our bet in order to not experience a continuous exponential lose from the series of red streak.
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August 06, 2023, 09:32:05 PM
 #77

Well, we've always heard and seen that there isn't a single strategy in gambling that can actually make you win against the house in the long run. For the short term, even martingale strategy might provide you with some profits and prevent you from losses, but as time goes on and your wagers start to build up, you will eventually get a loss streak that will empty your bankroll and you will be left with nothing at all and then you will realize it's gambling and it's never a way to get constant profit.

I know that it would take more time and it might have a better success rate than Martingale since you are not doubling the amount after every lost bet but only adding 1x, since the odds are also increasing by 1x every time, it's possible to hit a higher loss streak with this strategy than Martingale.
Increasing the bet amount along with the multiplier can also drain your wallet faster than the usual.
Strategies like this are more prone to becoming greedy as you increase your bet over time. Yes, there’s no single strategy that can beat the house aside from winning and leave the house. This is gambling, we know gambler eagerly wants to create a strategy than can somehow beat the house, unfortunately until now we are still fully dependent with our luck.

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August 06, 2023, 09:50:03 PM
 #78

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 am not saying this is a bad idea, as it's a good as idea as any. But it doesn't really differ from martingale as you are betting against house edge. Trying to find a system to beat that is like trying to find a system to break mathematical laws. It's a futile effort. It all comes back to luck, no matter how you look at statistics.

If dice would be beatable don't you think it would be beaten long time ago, most likely with some quantum computer solving the next outcome. Although that's just science fiction too.

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August 10, 2023, 10:45:45 AM
 #79

You might have overlooked the fact that with his method, you must also increase the multiplier with each bet. For instance, if you place a $6 bet, you should set a x6 multiplier, which would yield a $36 return if you win. So, the total wager would be $20, resulting in $36 won and a profit of $16.

As I see it, the math checks out, but the strategy still has a flaw when you encounter a long losing streak, which will ultimately deplete your entire balance sooner or later.
Wow, then it's more risky yet. A x6 multiplier consists in 16,5% winning chance at Stake platform. Meaning it's very likely you will reach this loss streak quite often along your gambling session, while it's very unlikely you will hit a winning with such odds in a frequent basis. After all, your loss streak will become a snow ball with slight chances of recory after 7-8 losses in a row. It actually seems more risky than Martingale on short run.
It might not be as risky as Martingale because Martingale strategy tends to empty your bankroll pretty quickly while this strategy will take some time if you have a pretty high bankroll, let's say $10k. And the risk of this strategy is exactly what you've mentioned, after every lost bet, your winning probability will start to decrease, so even if the odds are also increasing, there will be higher chances of hitting a long loss streak because of the house edge.

And, if there can be loss streaks as high as 25 to 30 in using Martingale where the winning probability is almost 50%, what can someone expect from this strategy, but, it might work if you have a very high bankroll and you are starting from a very small amount, but still, there is always the risk of losing everything you have since it's gambling.

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August 11, 2023, 08:21:32 PM
 #80

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 think this is some variation of a martingale strategy because there is progression. The only difference of it is that the multiplier is also progressing but on a normal martingale, usually, it was only the bet is progressing but it can be stopped once a certain win is achieved and the base bet will return to normal again.

It seems you are serious about your project here because you said you hire a developer to create a bot for you but there are already existing bots out there like Mydicebot and Seunjie's Dicebot. You can use them for free or you can also ask someone to create a script for you using the strategy that you formulated there.

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