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Author Topic: Does martingale really works?  (Read 123217 times)
hangar18
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June 13, 2015, 05:35:22 PM
 #1361

It works for a brief amount of time until it bursts in a glorious flame. If you do it, double up and run. I have always managed to double and even triple up on it. Never turned a profit though because eventually, you will go bust.
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June 13, 2015, 06:13:28 PM
 #1362


P.S : if you are looking for a site with lower wager amount for BlackJack then you should check on CoinRoyale which has 100 satoshis minimum bet ( I could be wrong on this )
Yes that is correct. Another thing to also note is Martingaling in Blackjack would be better than martingaling in Dice, as the house edge in Blackjack depending on the number of decks, is lower than dice. So you would tend to last longer in blackjack than in Dice, but eventually martingale will fail in both games.
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June 13, 2015, 06:18:59 PM
 #1363


P.S : if you are looking for a site with lower wager amount for BlackJack then you should check on CoinRoyale which has 100 satoshis minimum bet ( I could be wrong on this )
Yes that is correct. Another thing to also note is Martingaling in Blackjack would be better than martingaling in Dice, as the house edge in Blackjack depending on the number of decks, is lower than dice. So you would tend to last longer in blackjack than in Dice, but eventually martingale will fail in both games.

Depends, there are dice sites with 1% house edge and less, to get less than 1% house edge in blackjack you have to know how to play perfectly and most of the casinos have a high min bet, i dont think theres any casino that allows you to bet less than 0.0001 btc in bj
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June 13, 2015, 08:37:23 PM
 #1364

It works for a brief amount of time until it bursts in a glorious flame. If you do it, double up and run. I have always managed to double and even triple up on it. Never turned a profit though because eventually, you will go bust.


Exactly, that is how it is. At the beginning, it will look okay but after some time, reality tends to set in and before you realise what is going on, it might be too late to recover
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June 13, 2015, 09:13:02 PM
 #1365

It works for a brief amount of time until it bursts in a glorious flame. If you do it, double up and run. I have always managed to double and even triple up on it. Never turned a profit though because eventually, you will go bust.


Exactly, that is how it is. At the beginning, it will look okay but after some time, reality tends to set in and before you realise what is going on, it might be too late to recover
A better thing to do would be just divide your bankroll to make 2 martingale bets with it, so a 1 BTC BR, would be 0.33 then 0.66. Maybe you could consider 3 rolls as well. Its the best way to play with martingale. Making smaller bets wouldn't get you profits for a long time.
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June 13, 2015, 09:26:49 PM
 #1366


P.S : if you are looking for a site with lower wager amount for BlackJack then you should check on CoinRoyale which has 100 satoshis minimum bet ( I could be wrong on this )
Yes that is correct. Another thing to also note is Martingaling in Blackjack would be better than martingaling in Dice, as the house edge in Blackjack depending on the number of decks, is lower than dice. So you would tend to last longer in blackjack than in Dice, but eventually martingale will fail in both games.

Depends, there are dice sites with 1% house edge and less, to get less than 1% house edge in blackjack you have to know how to play perfectly and most of the casinos have a high min bet, i dont think theres any casino that allows you to bet less than 0.0001 btc in bj

If you think that there is no casinos that allows to bet less than 0.0001btc in blackjack, so you must visit coinroyale and you'll change your opinion then.  Grin
As what arallmuus said, you can bet with 100satoshi in coinroyale.

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bulldoge
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June 13, 2015, 09:56:32 PM
 #1367

On the long term every system fails but it can be more fun four you because a lot of small profits followed by some major losses makes you feel like a clear winner.
I prefer doubling on win and stop until a margin of some % of my total amount is reached. Most of the time it gives you constant profit until you may lose everything….
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June 13, 2015, 10:36:00 PM
 #1368

Never try martingale, really slow earnings if you go safe(which is not safe after all considering things like Provably fair) and really fast earnings but really dangerous high base bets. My biggest lose was 0.05btc with martingale. Base bet from 1k(cause i don't like to go safe)

I have 0.1 and lost all with martingle iam start from 1satosi, i get more than 20redline, that very high risk
you don't lose 0.1BTC in martingale if you start from 1 satoshi you will need 23-24 bets to lose all your balance. after 20 i think you will lose around 0.01BTC
if you want to try martingale first have an infinite wallet Cheesy
Its pretty stupid to risk a balance of 0.1 btc for 1 satoshi,i dont recommend this method to anyone
just a waste of time to earn some dust

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adaseb
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June 14, 2015, 02:46:45 AM
 #1369

Never try martingale, really slow earnings if you go safe(which is not safe after all considering things like Provably fair) and really fast earnings but really dangerous high base bets. My biggest lose was 0.05btc with martingale. Base bet from 1k(cause i don't like to go safe)

I have 0.1 and lost all with martingle iam start from 1satosi, i get more than 20redline, that very high risk
you don't lose 0.1BTC in martingale if you start from 1 satoshi you will need 23-24 bets to lose all your balance. after 20 i think you will lose around 0.01BTC
if you want to try martingale first have an infinite wallet Cheesy
Its pretty stupid to risk a balance of 0.1 btc for 1 satoshi,i dont recommend this method to anyone
just a waste of time to earn some dust

LOL! I've seen people risk 1 BTC just to make 10 satoshis or so. Eventually they leave the bot running on auto-bet and in the morning they wake up with a 0 BTC balance.

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arallmuus
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June 14, 2015, 05:43:22 AM
 #1370

to get less than 1% house edge in blackjack you have to know how to play perfectly

You are definitely wrong on this, the house edge on BlackJack isnt calculated by how do you play your hands but it is calculated from the house rules of the BackJack i.e number of decks, ability to split for X hands, soft17 rules, ability to double after split and others which you can check and calculate here http://wizardofodds.com/games/blackjack/calculator/

if you want to try martingale first have an infinite wallet Cheesy

I've addressed this before, even if you have an "infinite" balance, Martingale will not work because each site has their own maximum bet amount/ maximum win which means at some point if you keep on losing then your martingale will stop doubling up the wager amount because it has reached the maximum amount of the site

R


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Grand_Voyageur
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June 14, 2015, 06:19:59 AM
 #1371

Never try martingale, really slow earnings if you go safe(which is not safe after all considering things like Provably fair) and really fast earnings but really dangerous high base bets. My biggest lose was 0.05btc with martingale. Base bet from 1k(cause i don't like to go safe)

I have 0.1 and lost all with martingle iam start from 1satosi, i get more than 20redline, that very high risk
you don't lose 0.1BTC in martingale if you start from 1 satoshi you will need 23-24 bets to lose all your balance. after 20 i think you will lose around 0.01BTC
if you want to try martingale first have an infinite wallet Cheesy
Its pretty stupid to risk a balance of 0.1 btc for 1 satoshi,i dont recommend this method to anyone
just a waste of time to earn some dust

LOL! I've seen people risk 1 BTC just to make 10 satoshis or so. Eventually they leave the bot running on auto-bet and in the morning they wake up with a 0 BTC balance.

Leaving an auto-bet bot running unattended, even if for a few minutes, is a careless behaviour without regard of your gambling strategy. People should use auto-bet bots just to avoid hit every time keyboard keys or mouse buttons not to make them gamble while they're doing other tasks.
Gamblers should be able to terminate their auto-bet if they reach the winning limit they or they reach their maximum lose one or even if other unexpected circumstances arose. Again, gambling is firstly a game not an investment strategy. If you gamble for fun it's OK; but, if you want to gamble your fiat and BTC money as an investment you have some kind of a problem and you should consider better educating yourself, at least.

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Joca97
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June 14, 2015, 07:43:14 AM
 #1372

Never try martingale, really slow earnings if you go safe(which is not safe after all considering things like Provably fair) and really fast earnings but really dangerous high base bets. My biggest lose was 0.05btc with martingale. Base bet from 1k(cause i don't like to go safe)

I have 0.1 and lost all with martingle iam start from 1satosi, i get more than 20redline, that very high risk
you don't lose 0.1BTC in martingale if you start from 1 satoshi you will need 23-24 bets to lose all your balance. after 20 i think you will lose around 0.01BTC
if you want to try martingale first have an infinite wallet Cheesy
Its pretty stupid to risk a balance of 0.1 btc for 1 satoshi,i dont recommend this method to anyone
just a waste of time to earn some dust

LOL! I've seen people risk 1 BTC just to make 10 satoshis or so. Eventually they leave the bot running on auto-bet and in the morning they wake up with a 0 BTC balance.
That is the worst way to start a new day...Lots of people already smashed couple of stuff when they wake up like that and see they dont have a balance

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JamesCB
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June 14, 2015, 08:10:44 AM
 #1373

Never try martingale, really slow earnings if you go safe(which is not safe after all considering things like Provably fair) and really fast earnings but really dangerous high base bets. My biggest lose was 0.05btc with martingale. Base bet from 1k(cause i don't like to go safe)

I have 0.1 and lost all with martingle iam start from 1satosi, i get more than 20redline, that very high risk
you don't lose 0.1BTC in martingale if you start from 1 satoshi you will need 23-24 bets to lose all your balance. after 20 i think you will lose around 0.01BTC
if you want to try martingale first have an infinite wallet Cheesy
Its pretty stupid to risk a balance of 0.1 btc for 1 satoshi,i dont recommend this method to anyone
just a waste of time to earn some dust

LOL! I've seen people risk 1 BTC just to make 10 satoshis or so. Eventually they leave the bot running on auto-bet and in the morning they wake up with a 0 BTC balance.
That is the worst way to start a new day...Lots of people already smashed couple of stuff when they wake up like that and see they dont have a balance

I personally experienced that. My .2btc is gone when i left it with 30satoshi base bet

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June 14, 2015, 09:11:37 AM
 #1374

People should use auto-bet bots just to avoid hit every time keyboard keys or mouse buttons not to make them gamble while they're doing other tasks.

Cant blame people for this because dice sites are extremely boring, with just a single click then the result of the roll will be shown . What makes people stay in a dice sites is the community of the sites therefore to avoid this boredom people use autobet so that they could roll while chatting with the others  Smiley

Gamblers should be able to terminate their auto-bet if they reach the winning limit they or they reach their maximum lose one or even if other unexpected circumstances arose.

Some dice sites autobet feature doesnt implement this feature though but eventhough there are a feature in the autobet to stop loss if you reach a certain amount of BTC lost, people are unwilling to use it because most are falling into delusion that their autobet will keep on winning it

R


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GannickusX
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June 14, 2015, 01:50:28 PM
 #1375

People should use auto-bet bots just to avoid hit every time keyboard keys or mouse buttons not to make them gamble while they're doing other tasks.

Cant blame people for this because dice sites are extremely boring, with just a single click then the result of the roll will be shown . What makes people stay in a dice sites is the community of the sites therefore to avoid this boredom people use autobet so that they could roll while chatting with the others  Smiley

Gamblers should be able to terminate their auto-bet if they reach the winning limit they or they reach their maximum lose one or even if other unexpected circumstances arose.

Some dice sites autobet feature doesnt implement this feature though but eventhough there are a feature in the autobet to stop loss if you reach a certain amount of BTC lost, people are unwilling to use it because most are falling into delusion that their autobet will keep on winning it

Ye it might be boring but using bots is stupid, at least in my opinion, i mean when you use bots the only thing you get is faster loss haha. Autobets and bots are good for the casinos because people will lose faster. Lets be honest, dice is a stupid game, its not fun, you wont win money, whats the point?
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June 14, 2015, 04:33:15 PM
 #1376


Even if martingale fails in theory with an infinite number of rolls*, in practice you can only make a limited number of rolls (even if you roll through all your life) and the number of players is limited at that. So the chances of losing deposit may still be lower then the chances of winning for every player in particular and the whole group in general (provided that they don't exceed their individual limits of total rolls determined by balance and the number of players). In this case the house will have a net loss even if some of the players lose in the end... Cool

*in fact, this is the only case about which you can say anything specific without taking into account other factors (like total number of rolls and players)
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June 14, 2015, 05:10:48 PM
 #1377

People should use auto-bet bots just to avoid hit every time keyboard keys or mouse buttons not to make them gamble while they're doing other tasks.

Cant blame people for this because dice sites are extremely boring, with just a single click then the result of the roll will be shown . What makes people stay in a dice sites is the community of the sites therefore to avoid this boredom people use autobet so that they could roll while chatting with the others  Smiley

Gamblers should be able to terminate their auto-bet if they reach the winning limit they or they reach their maximum lose one or even if other unexpected circumstances arose.

Some dice sites autobet feature doesnt implement this feature though but eventhough there are a feature in the autobet to stop loss if you reach a certain amount of BTC lost, people are unwilling to use it because most are falling into delusion that their autobet will keep on winning it

Ye it might be boring but using bots is stupid, at least in my opinion
-snip-
Lets be honest, dice is a stupid game, its not fun,

Another reason will be because using bots ease your way in martingale-ing. It would be harder to martingale manually and that is the reason people are using it (and lose with the martingale strategy)
To be honest yes, dice is not fun at all. As I have describe what more important is the community of the sites and thats what keep people coming back into the sites which you can check at PrimeDice that most people are still playing or chatting despite that they have lost alot there


R


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GiocareHost
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June 14, 2015, 07:13:11 PM
 #1378

People should use auto-bet bots just to avoid hit every time keyboard keys or mouse buttons not to make them gamble while they're doing other tasks.

Cant blame people for this because dice sites are extremely boring, with just a single click then the result of the roll will be shown . What makes people stay in a dice sites is the community of the sites therefore to avoid this boredom people use autobet so that they could roll while chatting with the others  Smiley

Gamblers should be able to terminate their auto-bet if they reach the winning limit they or they reach their maximum lose one or even if other unexpected circumstances arose.

Some dice sites autobet feature doesnt implement this feature though but eventhough there are a feature in the autobet to stop loss if you reach a certain amount of BTC lost, people are unwilling to use it because most are falling into delusion that their autobet will keep on winning it

Ye it might be boring but using bots is stupid, at least in my opinion
-snip-
Lets be honest, dice is a stupid game, its not fun,

Another reason will be because using bots ease your way in martingale-ing. It would be harder to martingale manually and that is the reason people are using it (and lose with the martingale strategy)
To be honest yes, dice is not fun at all. As I have describe what more important is the community of the sites and thats what keep people coming back into the sites which you can check at PrimeDice that most people are still playing or chatting despite that they have lost alot there


Bots really fuck up the whole streak.
You cant put emotions into them. They will bet until they reach a milestone or the balance becomes zero.
You cant rely upon them, especially during a Martingale.
sherbyspark
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June 14, 2015, 07:16:01 PM
 #1379


Another reason will be because using bots ease your way in martingale-ing. It would be harder to martingale manually and that is the reason people are using it (and lose with the martingale strategy)
To be honest yes, dice is not fun at all. As I have describe what more important is the community of the sites and thats what keep people coming back into the sites which you can check at PrimeDice that most people are still playing or chatting despite that they have lost alot there


Bots really fuck up the whole streak.
You cant put emotions into them. They will bet until they reach a milestone or the balance becomes zero.
You cant rely upon them, especially during a Martingale.

If you go about making martingale bets with something like 1 satoshi as your bets, then you can't be manually betting every roll as you will be stuck to your PC for your long time. Bots is the best way to go, as you can also set it to random.
If you bet bigger amounts, then manual is the best way as allowed losses streaks are usually smaller then ,and you can stop before.
GannickusX
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June 14, 2015, 07:16:58 PM
 #1380

People should use auto-bet bots just to avoid hit every time keyboard keys or mouse buttons not to make them gamble while they're doing other tasks.

Cant blame people for this because dice sites are extremely boring, with just a single click then the result of the roll will be shown . What makes people stay in a dice sites is the community of the sites therefore to avoid this boredom people use autobet so that they could roll while chatting with the others  Smiley

Gamblers should be able to terminate their auto-bet if they reach the winning limit they or they reach their maximum lose one or even if other unexpected circumstances arose.

Some dice sites autobet feature doesnt implement this feature though but eventhough there are a feature in the autobet to stop loss if you reach a certain amount of BTC lost, people are unwilling to use it because most are falling into delusion that their autobet will keep on winning it

Ye it might be boring but using bots is stupid, at least in my opinion
-snip-
Lets be honest, dice is a stupid game, its not fun,

Another reason will be because using bots ease your way in martingale-ing. It would be harder to martingale manually and that is the reason people are using it (and lose with the martingale strategy)
To be honest yes, dice is not fun at all. As I have describe what more important is the community of the sites and thats what keep people coming back into the sites which you can check at PrimeDice that most people are still playing or chatting despite that they have lost alot there



Honestly dice sites are made to get all your money, i mean all casinos are for that but you can have fun at poker blackjack or in a real life casino, way different than an online casino but dice sites are just like ponzies, pure scam if you ask me, yeah they tell you the odds and bla bla but who plays dice to have fun? Anyone that plays dice has played it to profit, i did and im not going to lie about it, in the end you realize you cant, the problem is some people dont and the dice owners are taking profit of that to get their money, i consider all of them bad people
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