Is this profitable...

[peter0425]

Consider a scenario where you play coin flip. Heads come out you win, you double your money. Tails come out you lose, 50% is reduced to your money.

So if you start with $10 and you win it becomes $20 but if you lose it becomes $10 which brings you to the start. But after consecutive wins, what does it look like? Your $20 can become $40 and the $40 can become $80 after consecutive wins and you lose one time and that is still $40. Sounds pretty neat?

Do you think you can make profit out of this game? Bear in mind that you can play for an infinite number of times.

[Merit.s]

The probability of you winning and losing is a 50-50 chance on each game. This is a game of pure luck and nothing more. I can't say if you can make profits from such a game despite that you can play till infinity because it's your luck that will determine this.

You can be lucky and win for some period of time but it's not guaranteed. When I was a teen, we love playing the game in order to be the first to choose something.

[cabron]

There is no strategy in there but the hope to win consecutively. Yes you can make it if you are lucky to make a series of wins. Why wait for it to be $40 when you can quit after you turned your $10 to 80.

Just move to another game and see if you are lucky again.  While your win on casino games only depends on luck, you might as well apply strategies, you may never know until you try again.

[mindrust]

No, it is not profitable. You can’t play it forever as you’ll eventually run out of money and no, the win chance isn’t 50% exactly. It is more like between 45% and 49%. That means you can fool math if you play the game for a few times but if you play a thousand times, you will definitely lose your initial capital.

If it was possible to make profits playing this game, everyone would do it, the casino would go bankrupt and you wouldn’t be posting this nonsense since the casino wouldn’t even exist.

[Ishicryptic]

There is no bias in coin flip games, no casino edge, you have a 50 50 chance to win or lose, it depends purely on luck to win and the chances that you have to win is the same chances that you have to lose. I think that it is ok to continue playing so far you have not lost the amount that you used to start, but if you begin to lose along the way you can quit when you want to. But it is good that you don't lose more than the amount that you used to start. If you start with a lose you need to determine the amount that you are comfortable to further loose and if wins don't happen till you reach that amount, it is better to quit.

[Ruttoshi]

Don't think it's easy to make profits with coin tossing because as long as gambling is concerned, you will lose in the long run, no matter how easy you think that the game is. No one should gamble till infinity which is the main reason of our losses because the more you gamble, the more losses you incur.

When you're after profits, you will not appreciate the little that you have already because of and that will make you empty your bankroll. Gamble for fun because your chance of losing is higher than winning.

[GIF-JOBS]

As simple as it sounds, the reality is completely different, in reality you will never be able to win consistently from such games. I have experience playing such games, I played such games a long time ago, where before starting the game I considered myself very lucky, but after I won once, I lost the next 3 times. These are completely luck-based games, and I think the chances of winning from such games are comparatively very low.

[joeperry]

Sound like compounding bets, in long term you'll lose. If you don't have target, at some point you're going to lose so I think you should consider at least 3 win streak before cashing out. It can be profitable if the game is really a 50/50 fair chance, no house edge or any fees and also if you can sustain long term losses. I think with higher bankroll you would be able to sustain some consecutive losses.

Again, in perfect world it might work but you should consider house edge which they always have.

[retreat]

Consider a scenario where you play coin flip. Heads come out you win, you double your money. Tails come out you lose, 50% is reduced to your money.

So if you start with $10 and you win it becomes $20 but if you lose it becomes $10 which brings you to the start. But after consecutive wins, what does it look like? Your $20 can become $40 and the $40 can become $80 after consecutive wins and you lose one time and that is still $40. Sounds pretty neat?

Do you think you can make profit out of this game? Bear in mind that you can play for an infinite number of times.

That's only if we talk about winning, what if we lose in a row? that means we can lose all the money. So this is a pure game of luck, and your chance of winning is only 50%, equal to your chance of losing, it's quite difficult to ensure yourself to win. So the answer to the question "Can I make a profit from this game?" is simply not certain, because it depends on luck. You could make a lot of profit from this game, or lose all your money in the process.

[viljy]

The saying is appropriate here: "If my aunt had been a man, she'd have been my uncle"... Nevertheless, let's look at it theoretically. If you lose only half of your amount on a bad roll, while winning doubles your amount, then this is essentially equivalent to a 75% probability in your favor. Hypothetically, such a game would be beneficial to you.

Moreover, in the case of a series of losses, if you flip a coin many times (thousands of times), it will be profitable, even if you have a series of losses. Only here there is a maximum allowable series of losses from which it is still possible to recoup. It is equal to the ordinal number of the member of the geometric progression with a factor of 1/2, and the first member is, say, 10 $. In other words, how many halves are needed to get to 0.01$. It is impossible to divide further, it will be a loss. For an initial amount of $ 10, a losing streak of 11 unsuccessful throws in a row.

[Yaunfitda]

Consider a scenario where you play coin flip. Heads come out you win, you double your money. Tails come out you lose, 50% is reduced to your money.

So if you start with $10 and you win it becomes $20 but if you lose it becomes $10 which brings you to the start. But after consecutive wins, what does it look like? Your $20 can become $40 and the $40 can become $80 after consecutive wins and you lose one time and that is still $40. Sounds pretty neat?

Do you think you can make profit out of this game? Bear in mind that you can play for an infinite number of times.

That is martingale system you describe, of course it's profitable, as long as you are going to win and that's why this strategy is being used in games like what you describe or in baccarat games. I will admit that I used it, but I only go for like 2-3 hits and then quit. The thing though is that this kind of strategy is still base on luck, because you really don't know what will be the next result of the flip will be. Of course it could be 50/50, so there are still a big chance for you to win. And sometimes, it's really hard to stop if you double your money from $10.00-$80.00 as you will feel lucky and wanted to stretch your luck and double that $80.00. But then if you lose, that's where the mental trauma and agony sets in and regrets comes along. So control is the key if you wanted this kind of strategy and be profitable to you.

[purple_sparkles]

This kind of game may seem profitable, but it's really just an illusion. When you win, your money grows quickly, but when you lose, you lose more than it appears. It can be addictive, creating a false sense of control. However, in the long run, it almost always leads to zero or significant losses. I wouldn’t waste my time on a game like that.

[yahoo62278]

You're going to lose you ass in the long run. You might make a quick double up but most of the time you're going to end up going on a massive losing streak and could lose a lot more than you can afford. I personally wouldn't even consider this sort of strategy, but to each their own.

[Charles-Tim]

Do you think you can make profit out of this game? Bear in mind that you can play for an infinite number of times.

I have not seen coin flip on a casino before. Is it there?

As long as it is in a casino game like roulette or dice with 2 odds, the person is most likely going to be the one that will lose more while the casino will gain more.

But if it is with another person that the game is being played with and not casino, it is still a game of lucky. Worth knowing that there are easy way to cheat with coin flip I think.

[Dr.Bitcoin_Strange]

Do you think you can make profit out of this game? Bear in mind that you can play for an infinite number of times.

The chance of you being so profitable with this game is determined by how lucky you are, because if you are not lucky, you can lose all the money you started with.
So, asking whether this is profitable or not, the answer I will give is that it can be profitable or not, maybe to some persons they can luckily double their money so fast while another gambler might lose all their money, so there's no certainty in profits making.
If you are try it out and you succeed to double your $10 to $20 or $40, it's better you withdraw your profits before continuing again, so that when you start losing, you will not lose everything.

[Oluwa-btc]

Consider a scenario where you play coin flip. Heads come out you win, you double your money. Tails come out you lose, 50% is reduced to your money.

So if you start with $10 and you win it becomes $20 but if you lose it becomes $10 which brings you to the start. But after consecutive wins, what does it look like? Your $20 can become $40 and the $40 can become $80 after consecutive wins and you lose one time and that is still $40. Sounds pretty neat?

Do you think you can make profit out of this game? Bear in mind that you can play for an infinite number of times.

Profits for such games tend to be on a lower momentum cause it just seems like dice games that you roll and whatever comes out will either be win ofe you or a loss, so then when you start up with an amount and tend to double it while you win it's pretty cool but along the line you can't predict the outcome cause you may end up losing and likewise your money dropping gradually, which is why I think it's not profitable but basdd on luck as usual.

[freedomgo]

No. That betting method is useless if you're playing games with a built-in house edge. Whether it's flat betting, Martingale, or whatever system you use it’s all pointless because the outcome is purely based on luck.

In fact, using that kind of strategy just complicates things. And here' the scary thing, it might even lead to addiction. You'll start getting curious, constantly tweaking and experimenting, thinking you're onto something, when in reality, it’s a never-ending cycle that won’t lead to success. Just being honest here.

[michellee]

Everything can happen especially if you play coin flip because that game is based on the luck. So it will not easy to know how much money you will win or lose because that will depend on your luck. You can big win but you can also lose much so be careful for playing gambling games based on the luck.

Yes, that is interesting to playing on that games but I still prefer to play other gambling games
If that is gambling games based on the luck, I will hardly say difficult for me to win because I don't have much luck.

But maybe other gamblers can win much than me. And yes, we can play for an infinite number of times but you need to know how much money you will use.

[Fivestar4everMVP]

Consider a scenario where you play coin flip. Heads come out you win, you double your money. Tails come out you lose, 50% is reduced to your money.

So if you start with $10 and you win it becomes $20 but if you lose it becomes $10 which brings you to the start. But after consecutive wins, what does it look like? Your $20 can become $40 and the $40 can become $80 after consecutive wins and you lose one time and that is still $40. Sounds pretty neat?

Do you think you can make profit out of this game? Bear in mind that you can play for an infinite number of times.

Well, the way you put this is a bit confusing to be honest, a head or tail game is a type of game which I believe that outcome simply depends on luck, that is, how lucky the player is is what determines how much or how many turns he or she would win and how many he or she would lose.

So to simply answer the question based on how little I understand it, luck is the ultimate deciding factor here as to whether this game will be profitable for the player or not. Some lucky players may end up in profit while some others may end up in a loss, this is what I think and believe, gambling outcome isn't always the same result for everyone.

[Makus]

The probability of you winning and losing is a 50-50 chance on each game. This is a game of pure luck and nothing more. I can't say if you can make profits from such a game despite that you can play till infinity because it's your luck that will determine this.

You can be lucky and win for some period of time but it's not guaranteed. When I was a teen, we love playing the game in order to be the first to choose something.

I doubt that the probability of wining  to loosing is 50-50 casino are more likely  to be on the wining side than let their customers take advantage of the whole situation. However the wining  difficulty is set in such that the casinos are always on the wining side that is why we tend to see a casino which got launched with the right advertisement strategy booming allover, to the extent of creating and branding their casinos to a more standard and user friendly platform.