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Author Topic: Question about automated betting scripts (Martingale) on crypto casinos  (Read 124 times)
NewCryptocasinos (OP)
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Today at 01:02:54 PM
 #1

Hi everyone,

I’m curious to hear if anyone here has experience using automated betting scripts on crypto casinos, especially with the Martingale strategy.

I’ve noticed that some casinos seem to allow this. My guess is that they might tolerate it because it generates a lot of betting volume.


Have you used automated betting scripts before?

Did you run them on dice or other games?

What was your long-term experience (profit, losses, getting limited, etc.)?

Would be interesting to hear some real experiences from people who have tried it.

Thanks

Andreas

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Today at 01:05:36 PM
 #2

There are only two types of people

People that know martingale is a bad idea
People that didn't try martingale yet

You will lose money if you try martingale or automated betting scripts. They do not work


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Today at 01:20:50 PM
 #3

Automated or not, we have discussed about martingale ad nauseam and the conclusion is always the same: it doesn't work for a very simple reason, which is that we would need an infinite bankroll to overcome a very bad losing spree which, sooner or later, will happen.

All the rest is dreaming, and losing money to a strategy that has proven not to work.

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Today at 01:33:48 PM
 #4

Sorry to even put up a comment here but I've never tried this and also very sure that I will never try it except I just want to try it out of curiosity and knowledge sake, but on the grand level that I am gambling to either make money or have fun, i will never try automated betting script.

My reason is because indeed some casinos may allow this but what is usually the end result is what we should be seeking to know, I have a friend who tried this automated betting script on dice and over time was lucky to accumulate a really big amount of money in winning, the casino never complained but they allowed him to keep playing until when he requested withdrawal, he account was blocked and the withdrawal request cancelled, he was forced to forfeit all his winning back to the casino because the casino claimed he won all this money from cheating..

So even if a casino allows this type of gambling and you end up profiting from it, there is no 100% guarantee that the casino will allow you withdraw the money you won in one peace.

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Today at 01:40:23 PM
 #5

Automated or not, we have discussed about martingale ad nauseam and the conclusion is always the same: it doesn't work for a very simple reason, which is that we would need an infinite bankroll to overcome a very bad losing spree which, sooner or later, will happen.

All the rest is dreaming, and losing money to a strategy that has proven not to work.

Because you are betting in a luck-based game. So no matter what, whether using martingale or not, you will have no assurance with your bet. Whether you are very careful in using this strategy, still, no one can guarantee your possible winnings in this game. As we put it this way, martingale may work for some time but in the long run, it won't give you the guarantee of winning. No matter how much you put into your betting.

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Today at 01:44:00 PM
 #6

I remember I have read about a similar question but what I don't know is if the subject was discussed here on the other forum, according to what some persons have said, it's stress free to use automated bettiing especially when you have to spin countless times (e.g, 500 spin), I have not use auto spin but from the experience of other gamblers, the results you get is not different from betting manually, you can not beat the casino with any strategy you want to use.

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Today at 01:45:39 PM
 #7

I have only used the automated betting on the gambling sites before, I mean the automated betting that is on the gambling site but it does not allow martingale. It only allow you to set an amount and use it for the autobet.

I have tried martingale before on manual betting but it was very had, my money for finished faster than I could think. I tried it like two or three more times before I finally stopped.

Just know that automated bet can not help you at all.

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Today at 01:53:02 PM
 #8

Hi everyone,

I’m curious to hear if anyone here has experience using automated betting scripts on crypto casinos, especially with the Martingale strategy.

I’ve noticed that some casinos seem to allow this. My guess is that they might tolerate it because it generates a lot of betting volume.


Have you used automated betting scripts before?

Did you run them on dice or other games?

What was your long-term experience (profit, losses, getting limited, etc.)?

Would be interesting to hear some real experiences from people who have tried it.

Thanks

Andreas
I tried them when i was starting. I even tried to modify them as i thought i might find out a working script. I had to lose for a while until i gave up. I left those scripts work for days until i saw where was the main fault of my ideas.

Later on i actually read about this subject and even though it's proven mathematically not to work, some people (especially new ones) seem to still think that there's something to it.

Problem with Martingale in layman terms is that it's based on the belief that you would make money if you have infinite amount of money to spend. Because at some point you will realize that you just didn't have enough when stakes get higher and higher. And eventually they will go as high as you could possibly have. And with lower odds, you are just risking more money for tiny wins.

If you need money fast and you have ton of money in bank that you could use as collateral for martingale, it's safer way to just take some that money, then risk huge amount of that money for martingale.

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Today at 01:54:38 PM
 #9


Did you run them on dice or other games?
What was your long-term experience (profit, losses, getting limited, etc.)?
Yes, because of our curiosity and the urge to find out if the method really works. But it really doesn’t.

When I was still new to gambling, which obviously meant playing dice in the crypto space since there were very limited games before and dice was very popular, I tried this on different dice sites and used that method many times. On paper it may look good, but in reality losing streaks are very possible. Even a streak of 10 losses can already destroy your bankroll.

The key problem is the house edge. We can never really beat the dice sites, even those that claim to have less than a 1% house edge.
It only gives convenience, but results are still the same.

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Today at 02:11:06 PM
 #10

What was your long-term experience (profit, losses, getting limited, etc.)?
You should know that the martingale strategy is not recommended in betting. There’s no need to use a script to run that strategy; you can simply try doing it manually and you’ll eventually see the result of using martingale. And yes, in the end you will only lose in the long run. You also need to understand that a martingale script does not guarantee you can win, either in the short term or in the long term. So there’s really no need to be curious about how it will turn out.

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Today at 02:22:04 PM
 #11

I have only used the automated betting on the gambling sites before, I mean the automated betting that is on the gambling site but it does not allow martingale. It only allow you to set an amount and use it for the autobet.

I have tried martingale before on manual betting but it was very had, my money for finished faster than I could think. I tried it like two or three more times before I finally stopped.

Just know that automated bet can not help you at all.

I agree. I’ve seen scripts like this around for many years but never used one myself. However, I’m about to write an article about this topic and warn players about the risks.

I expected the Bitcointalk community to be against it, but to be sure, I wanted to ask for your opinions.

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Today at 02:30:27 PM
 #12

It’s very simple if we try to understand it. Since it’s a game with a house edge, no strategy will really work, even that script you mentioned.

What it usually brings to gamblers is just the urge to experiment, but I’m quite sure it’s not going to work in the long run.

Before, when many dice sites were competing with each other, I saw it more as an innovation, just a way to give gamblers an easier way to play. But it never changed the fact that in the long run, most of us will still end up losing.

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Today at 02:45:12 PM
 #13

I have used automated betting several times. First time when I though that 95% win chance will on a long distance is a good opportunity to earn slowly some money. After a period of time, lost my balance and understood that it was one of the most boring gambling sessions I had. Second time when I tried to complete wagering requirement for a bonus in dice, but my experienced ended with catching two 1.00 one after another and losing all balance. Both tries were an experiments for me and I did not like experience I've gained.

 
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Today at 02:48:31 PM
 #14

Stay away from both of those things, because they will cause you great harm and a lot of disappointment. I didn't use any scripts, which is something I'm glad I realized early on that they were useless. But unfortunately, I tested the martingale system in my early days of gambling. It was years ago when I saw YouTube videos of people saying they multiplied their money using the martingale system. So I took all the coins I had collected from faucets and even the ones I had bought and went to play on the defunct FreeBitcoin and lost all my coins.

The worst part of all this is that I lost in a few minutes what took me 3 months to get. Honestly, don't use martingale and don't use those script things. Play fair, play to have fun, and when you see that you're playing and you're sad, then at that moment stop playing and look for other things to have fun. I do sports betting and I have fun with it.

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Today at 03:06:13 PM
 #15

Have you used automated betting scripts before?

Did you run them on dice or other games?

What was your long-term experience (profit, losses, getting limited, etc.)?

Would be interesting to hear some real experiences from people who have tried it.

Thanks

Andreas
I'm not sure if dice game are still a thing of today, there could only be few casinos that are offering this game as we all move to like traditional base casinos that offer more slot games and then the emergence of sports books. But in any case I remember running scripts way back in 2017, but we all know that when we run Martingale long term, the higher the chance that you will lose in the end. And that's what happen to me. And just the other night, me and my friends are talking about Martingale and I said that I still do it, but only 3x, if I win then I will stop and take the profit. But if I lose 3x, it's time for me to stop. And if we talk about dice bot, for the OG's out there, for sure they remember this, Seuntjies DiceBot -Multi-Site, multi-strategy betting bot for dice. With Charts!.

 
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Today at 03:12:22 PM
 #16

I've used a script before on other games, but not in gambling. I was afraid that a ban would come out of nowhere if it were detected, and I would not want that to happen, especially when there's money in my balance.

Why use scripts if there's already an available auto bet feature for many gambling platforms? I mean, it's one of their feature that I have seen in many gambling sites, and in fact, I have not seen one without it after checking new online casinos.
I'd be careful of anyone who would try to use a script. The feature of autobet has almost the same thing, so there's no need to take that kind of risk.

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Today at 03:24:07 PM
 #17

Yes I have used betting script in dice game and crash game but I mostly used it in dice game using Seuntjies DiceBot but I don't use the normal martingale since I don't find it profitable and I easily wreck my bankroll after some losses but what I do is a variation of martingale and honestly it works but not all the time. My experience with using this is in long term you will definitely lose that's already given so what I'm after is the short term gain, there are times that I tripled my bankroll in just 1 day since I run my the dice bot in my VPS and there are times that I can easily wreck in just an hour even if I use a strict strategy.

I would say it works 30-40% of the time for early profit but if you're going to run it for a long time, it's not profitable and there will always be a time that a red streak will come. I believe strategy like this will only truly works if you have unlimited balance.

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Today at 03:35:17 PM
 #18

A few years ago, I used an automated bot to bet on dice  Cheesy

At first, everything went smoothly, and I could see the progress
But my bankroll couldn’t withstand a streak of 12 or 15 losses,I don’t remember exactly, and I simply ran out of money, hehehe

It was an experiment that taught me firsthand that the Martingale method works for a while, until you run into an “unbelievable” losing streak and realize there’s no way to win in the long run that way

 
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Today at 04:12:59 PM
 #19

Hi Andreas, few answers from my experience...
Even if they will allow to place Martingale they could just lock your max bet. Or close the session and they can just change seed or apply another nonce.
Also they can refuse to pay a bet if you can confirm you applied strategy for betting.

I have seen few of these scripts but in the long term they are most of the time not profitable.

A slight profit that doesn't justify risk or time involved.


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Today at 04:37:01 PM
 #20

Would be interesting to hear some real experiences from people who have tried it.
If you are curious about people's experiences, you should try reading this thread(Martingale revisited). From what I remember, the OP of that thread did an experiment on martingale strategy. He wanted to see if he'd be in profit after betting for several months. He used automated betting that has a martingale option, and if I remember correctly, he ended up having a positive net after the experiment.

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