Bitcoin Forum
May 02, 2024, 11:27:44 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 [83] 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 »
  Print  
Author Topic: Does martingale really works?  (Read 123217 times)
n2004al
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000


View Profile
August 27, 2015, 05:01:03 AM
 #1641

Never gambling in my life so maybe I am the wrong people to speak about those things. But I think that exactly because I am not a gambler I am the right person to write about this thing. The martingale is a bullshit. The owner of online gambling site never will leave that someone go away with such amount of money. Or only one time in a billion. So will lose one billion people minus one and win only one. It is worth to try this?
1714692464
Hero Member
*
Offline Offline

Posts: 1714692464

View Profile Personal Message (Offline)

Ignore
1714692464
Reply with quote  #2

1714692464
Report to moderator
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714692464
Hero Member
*
Offline Offline

Posts: 1714692464

View Profile Personal Message (Offline)

Ignore
1714692464
Reply with quote  #2

1714692464
Report to moderator
1714692464
Hero Member
*
Offline Offline

Posts: 1714692464

View Profile Personal Message (Offline)

Ignore
1714692464
Reply with quote  #2

1714692464
Report to moderator
Heutenamos
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000


Act #Neutral,Think y'self as a citizen of Universe


View Profile
August 27, 2015, 05:03:10 AM
 #1642

Never gambling in my life so maybe I am the wrong people to speak about those things. But I think that exactly because I am not a gambler I am the right person to write about this thing. The martingale is a bullshit. The owner of online gambling site never will leave that someone go away with such amount of money. Or only one time in a billion. So will lose one billion people minus one and win only one. It is worth to try this?

you are right, but you might get a lucky day when you win. Martingale works but if you can bear 15-20 losses then, else upto 10 losses is normal.

yo
shanem
Legendary
*
Offline Offline

Activity: 1344
Merit: 1000



View Profile
August 27, 2015, 02:46:02 PM
 #1643

Casinos love martingale players. It's also a myth that minimums and maximum bets are there to prevent Martingale. Minimums are there because casinos consider bets that are too small to be a waste of time
People just try to martingale with not enough money and think 10 losses in a row won't happen to them.

10 losses in a dice game is not uncommon.
The chance may be very low but when you martingale with small bets, you play a lot of games.
The probability of you busting then becomes very high.

     

            █           
           ██           
          ██████         
         ████████         
        ██████████       
       ████████████       
      ██████████████     
     ████████████████     
    ██████████████████   
   ████████████████████   
  ██████████▀▀██████████ 
 ███▀▄████▀    ▀████▄▀███
██▀ ▄██▀▀        ▀▀██▄ ▀██
 

░▄███████████▄░░░▄███████████▄░░▄███▄░░░░░░▄███▄░░▄██████████▄░░░████████████████░░░░██████████░░░░███████████████░░█████████████████
█████░░░░░░░███░████▀░░░░░▀████░█████▄░░░░▄█████░███▀░░░░░░▀███░███░░░░████░░░███░░███░░░░░░░░██░░███░░░░░░░░░░░███░███████░░░░██████
█████░░░░░░░███░████░░░░░░░████░▀█████▄░░▄█████▀░███░░░░░░░░███░███░░░░████░░███░░░███░░░██░░░███░███░░░██████░░███░░░░░███░░░░██░░░░
█████░░░░░░░░░░░████░░░░░░░████░░▀█████░░█████▀░░███░░░░░░░░███░███░░░░███░░░███░░░███░░████░░███░███░░░██████░░███░░░░░███░░░░██░░░░
█████░░░░░░░░░░░████░░░░░░█████░░░▀████▄▄████▀░░░███▄░░░░░░▄███░███░░░░███░░███░░░░██░░░████░░███░███░░░░░░░░░░███▀░░░░░███░░░░██░░░░
█████░░░░░░░░░░░██████████████░░░░░▀████████▀░░░░████████████▀░░███░░░░░░░░░███░░░███░░░████░░░██░███░░░█████████░░░░░░░███░░░░██░░░░
█████░░░░░░░███░████░░░░░░░████▄░░░░████████░░░░░███████░░░░░░░░███░░░░███░░░███░░██░░░░░░░░░░░██░███░░░░░░░░░░███▄░░░░░███░░░░██░░░░
█████░░░░░░░███░████░░░░░░░█████░░░░████████░░░░░███████░░░░░░░░███░░░░████░░░███░██░░░░████░░░░█░███░░░█████▄░░███░░░░░███░░░░██░░░░
███████████████░████░░░░░░░█████░░░░████████░░░░░███████░░░░░░░░███░░░░████░░░░██░██░░░██████░░░█░███░░░██████░░███░░░░░███░░░░██░░░░
░▀███████████▀░░░███░░░░░░░████░░░░░░██████░░░░░░░██████░░░░░░░░░████████████████░███████████████░░███████████████░░░░░░█████████░░░░
|
▂▃▅ Quick buy and sell bitcoins online. Fast and secure ▅▃▂
Facebook】【Twitter】【Telegram】【Medium】【Instagram
|
dicecoin.io
Full Member
***
Offline Offline

Activity: 182
Merit: 100



View Profile
August 28, 2015, 10:30:42 AM
 #1644

Martingale is one of the most popular strategies on the Dicecoin.io. More likely the TOP strategy.

Here is the self-descriptive example: https://bitcointalk.org/index.php?topic=463273.msg12264717#msg12264717
Heutenamos
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000


Act #Neutral,Think y'self as a citizen of Universe


View Profile
August 28, 2015, 10:31:53 AM
 #1645

Martingale is one of the most popular strategies on the Dicecoin.io. More likely the TOP strategy.

Here is the self-descriptive example: https://bitcointalk.org/index.php?topic=463273.msg12264717#msg12264717

Cool, please reply to my message, I thought you would reply soon but took more long Sad

yo
Erza
Legendary
*
Offline Offline

Activity: 1078
Merit: 1000


View Profile
August 28, 2015, 12:15:06 PM
 #1646

Casinos love martingale players. It's also a myth that minimums and maximum bets are there to prevent Martingale. Minimums are there because casinos consider bets that are too small to be a waste of time
People just try to martingale with not enough money and think 10 losses in a row won't happen to them.

Sometimes with your winning setting you will not suffer 10 loss and you will get your winning, but that is not guarantee. Set the balance that you afford to lose is something you need to earn big  Grin


Martingale is one of the most popular strategies on the Dicecoin.io. More likely the TOP strategy.


I think most dice site will have this strategy to play because that is a common way to get your money back easily but if you have a enough bankroll to roll and pretty lucky. Sometimes with a huge bankroll you will suffer a lot too  Grin
agustina2
Legendary
*
Offline Offline

Activity: 2436
Merit: 1008


View Profile
August 28, 2015, 12:18:13 PM
 #1647

Im still using martingale up to now in a dice (Yobit dice) but not for a long run. Sometimes it giving me some wins and even a profit. It all depends on your greed if you want to continue playing even you are making profit.
actmyname
Copper Member
Legendary
*
Offline Offline

Activity: 2562
Merit: 2504


Spear the bees


View Profile WWW
August 28, 2015, 12:56:03 PM
 #1648

Martingale should only be used for short-term bets, but if you happen to get greedy and start rolling higher or longer without a cap, you're very likely to lose it all, and see your progress exponentially fall.

agustina2
Legendary
*
Offline Offline

Activity: 2436
Merit: 1008


View Profile
August 28, 2015, 01:31:15 PM
 #1649

Martingale should only be used for short-term bets, but if you happen to get greedy and start rolling higher or longer without a cap, you're very likely to lose it all, and see your progress exponentially fall.

Agree. Happen to me many times. That's why Im setting a low amount of profit every time I played dice. Example my initial investment is 0.01btc. If that amout will reach 0.03btc then I will stop. Sometimes lose but it's ok. Gambling world.
Heutenamos
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000


Act #Neutral,Think y'self as a citizen of Universe


View Profile
August 28, 2015, 01:36:23 PM
 #1650

Martingale should only be used for short-term bets, but if you happen to get greedy and start rolling higher or longer without a cap, you're very likely to lose it all, and see your progress exponentially fall.

Agree. Happen to me many times. That's why Im setting a low amount of profit every time I played dice. Example my initial investment is 0.01btc. If that amout will reach 0.03btc then I will stop. Sometimes lose but it's ok. Gambling world.

yes but often we are tempted that okay now lets make this 0.03 to 0.1 lol and so on ...

yo
agustina2
Legendary
*
Offline Offline

Activity: 2436
Merit: 1008


View Profile
August 28, 2015, 01:39:46 PM
 #1651

Martingale should only be used for short-term bets, but if you happen to get greedy and start rolling higher or longer without a cap, you're very likely to lose it all, and see your progress exponentially fall.

Agree. Happen to me many times. That's why Im setting a low amount of profit every time I played dice. Example my initial investment is 0.01btc. If that amout will reach 0.03btc then I will stop. Sometimes lose but it's ok. Gambling world.

yes but often we are tempted that okay now lets make this 0.03 to 0.1 lol and so on ...

lol.

Well will still use a martingale method. If lose then lose. If win then much better. There is no fixed method anyway.
dwihananto
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
August 28, 2015, 01:46:09 PM
 #1652

No work now,
4 opportunities in dice always lose
srgkrgkj
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile
August 28, 2015, 02:05:23 PM
 #1653

Martingale should only be used for short-term bets, but if you happen to get greedy and start rolling higher or longer without a cap, you're very likely to lose it all, and see your progress exponentially fall.

Agree. Happen to me many times. That's why Im setting a low amount of profit every time I played dice. Example my initial investment is 0.01btc. If that amout will reach 0.03btc then I will stop. Sometimes lose but it's ok. Gambling world.

yes but often we are tempted that okay now lets make this 0.03 to 0.1 lol and so on ...

well if you set targets then playing usiung martingale isn't too bad as the strategy works well in the short term

birdcat90
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500



View Profile
August 28, 2015, 02:20:54 PM
 #1654

right now im doing martingale for 10x payout..

and it still running, almost 300k roll...so i will wait how long does this martingale can hold..

<a href="http://www.freebiebitcoin.com">Earn free bitcoin</a>
srgkrgkj
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile
August 28, 2015, 02:24:40 PM
 #1655

right now im doing martingale for 10x payout..

and it still running, almost 300k roll...so i will wait how long does this martingale can hold..

damn good luck mate how much are you at at the moment ? the longer you go the larger the chances of busting tho Tongue

aakashsangwan
Hero Member
*****
Offline Offline

Activity: 994
Merit: 1000


PUGG.io


View Profile WWW
August 28, 2015, 04:23:28 PM
 #1656

right now im doing martingale for 10x payout..

and it still running, almost 300k roll...so i will wait how long does this martingale can hold..

damn good luck mate how much are you at at the moment ? the longer you go the larger the chances of busting tho Tongue

I'm sure he has very big bankroll & start with small base bet Roll Eyes
Maybe he also keep changing his client seed & tricks too

I hope he stop before he lose everything
Yes, if he started with 1 bits and is now betting over 3000, then he is gonna loose his money just for a 1 bit profit.

tonycamp
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
August 28, 2015, 04:25:29 PM
 #1657

the normal possibility to lose all its 53% in any gamble no and the possibility to double its just 47% and with martingale you get only 42% to double and 58% to lose all its just it very appreciative tactic very used

██████████    YoBit.net - Cryptocurrency Exchange
█████████    <<  ● Free Coins every 24hrs!  >>
██████████    <<  ● REGISTER NOW and GET 1000 DOGE for FREE!  >>
rivoke
Legendary
*
Offline Offline

Activity: 924
Merit: 1006


View Profile
August 28, 2015, 04:58:53 PM
 #1658

right now im doing martingale for 10x payout..

and it still running, almost 300k roll...so i will wait how long does this martingale can hold..

damn good luck mate how much are you at at the moment ? the longer you go the larger the chances of busting tho Tongue

I'm sure he has very big bankroll & start with small base bet Roll Eyes
Maybe he also keep changing his client seed & tricks too

I hope he stop before he lose everything
Yes, if he started with 1 bits and is now betting over 3000, then he is gonna loose his money just for a 1 bit profit.

Well you have a guts enough since it just a matter of time before being bust by house.
IMO I'm better bet with max multiplier , very very low chance of winning rather than win win average and loss at the end
Venusianism
Member
**
Offline Offline

Activity: 94
Merit: 10


View Profile WWW
August 28, 2015, 10:24:20 PM
Last edit: August 29, 2015, 01:21:39 AM by Venusianism
 #1659

 Yes Martingale gambling really does work ..until it doesn't.

 Try to withdraw/stop-loss/cashout everything & invest your money in very safe, unleveraged, long-term, diversified enterprises before the casino invariably busts your Martingale. It's all you can do.

 Labouchere, Reverse-Martingale, Flat-Betting, doesn't matter what you try - they will all get destroyed in the end. The key is in stopping before this happens, this requires patience, empirical study of the patterns in rolls distribution, some skill, some math, & a tiny bit of luck, to cashout before the death streak occurs.

Invest in the future ; Doesn't have to be Bitcoin.
Enzyme
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
August 29, 2015, 07:04:27 AM
 #1660

You will ALWAYS lose using martingale. Even stopping straight away is fatal, as everytime you do it you have an equal chance of a losing streak. If you use the 1 satoshi method, house edge will beat you.

Remember, if you don't lose by gambling, you'll lose with the house edge Smiley
Pages: « 1 ... 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 [83] 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!