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.
I know you’re expecting us to answer your questions, but I’m not going to. The point is that if casinos set a maximum betting limit based on your bankroll to manage risk, they’ll make a lot of money the more people use the Martingale system.
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
There is a third type, though it’s not very common: those who have used the Martingale system, know it doesn’t work, and create a script for a new variation that they hope will work. But it’s not very common. Nor do they last very long.
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.
Fun fact: our friend 'El colega', who’s actually an engineer, believes in that sort of thing. Or at least he used to believe that; I don’t know if he’s realised it yet.
My new favorite betting method.Hooo boy, i miss this kind of topic.
I would say the clasic martingale is obsolete, and it has a terrible approach because the amount that the user risks on each bet will become crazy after some rolls. Casinos allow this because they know it's a good strategy (on the casino side) to make the user lose all his money on a bad streak.
I used to study some varieties, like the fact that increases the multiplier and not the betting amount. Or hybrid multipliers, a mix of x41 and x9900 on a long run.
And getting back in the main topic, some casinos allow it, but others like Just-dice let you go nuts with multiple accounts and bots at the same time.