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Author Topic: Does martingale really works?  (Read 123299 times)
Monopoly
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April 04, 2015, 06:19:32 PM
Last edit: April 04, 2015, 06:31:30 PM by Monopoly
 #1041

I use Dicebot these settings are very good but the bot reset back to base bet after first win , if it doesn't , this strategy is really good for multiple x10 your invest and play long term .



Note : These numbers must be optimized and i can't write lua script for these settings and optimized them . if someone could please do it .



Im having a really hard time understand your settings there, so everytime you lose you increase your bet x2 but if you lose 2 times then you increase it by x2.36 and if you win you also increase your bet for 2.1? So you are increasing your bet everytime?

No
Every-time you lose you increase your bet x1.0 but if you lose 2 times then you increase it by x1.36 and if you win you also increase your first bet for 1.1 and if you win 2 times then you increase it by x0.968 and after 9 win in a row you rest back to base bet !

I really believe , this strategy pull down all dice casinos !
adaseb
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April 04, 2015, 08:08:57 PM
 #1042

It's always good to have a discussion for the sake of the discussion itself, and not to have an interest in convincing or manipulating others as an end.  It turns into a much better discussion and opportunity to learn that way.

Well, it would be in my best financial interest to convince everyone that Martingale is a winning strategy when it actually isn't. But I'd rather tell people the truth than lie just to win more coins from them.

Yeah your honesty is evident in your posts.  You respect yourself and your morals and others that can tell, will respect you as well.

Do you run the site as a hobby or as a job?  If this is too personal for a public forum, then don't worry about answering.

Why would dooglus run JD as part of hobby? someone who run a gambling sites do it for one purposes, that is to get money, if it is not for money purposes , I dont see any other purposes for someone to run a gambling sites as it will be hard to maintain it

Yes I completely agree. He does it to make money and no other reason. I don't believe people who say they are here to support the Bitcoin network and just do it as a hobby. If you are making loads of money , its not really a hobby. But he's a nice guy none the less.
Astargath
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April 04, 2015, 08:28:34 PM
 #1043

I use Dicebot these settings are very good but the bot reset back to base bet after first win , if it doesn't , this strategy is really good for multiple x10 your invest and play long term .



Note : These numbers must be optimized and i can't write lua script for these settings and optimized them . if someone could please do it .



Im having a really hard time understand your settings there, so everytime you lose you increase your bet x2 but if you lose 2 times then you increase it by x2.36 and if you win you also increase your bet for 2.1? So you are increasing your bet everytime?

No
Every-time you lose you increase your bet x1.0 but if you lose 2 times then you increase it by x1.36 and if you win you also increase your first bet for 1.1 and if you win 2 times then you increase it by x0.968 and after 9 win in a row you rest back to base bet !

I really believe , this strategy pull down all dice casinos !

What happens if you lose 10 times in a row ? And what does x1 mean exactly like if you lose with a base bet of 0.01 you increase to 0.02? Why would this work tho? Its pretty much a modified martingale and you would end up loosing sooner or later and playing at 79% chance gives you a lower payout so it would take more time to make profit and the more bets you make the more you approach to bust

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...FROM ALL THE PROJECTS YOU LOVE...
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Monopoly
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April 04, 2015, 08:30:28 PM
Last edit: April 04, 2015, 09:17:22 PM by Monopoly
 #1044

I use Dicebot these settings are very good but the bot reset back to base bet after first win , if it doesn't , this strategy is really good for multiple x10 your invest and play long term .



Note : These numbers must be optimized and i can't write lua script for these settings and optimized them . if someone could please do it .



Im having a really hard time understand your settings there, so everytime you lose you increase your bet x2 but if you lose 2 times then you increase it by x2.36 and if you win you also increase your bet for 2.1? So you are increasing your bet everytime?

No
Every-time you lose you increase your bet x1.0 but if you lose 2 times then you increase it by x1.36 and if you win you also increase your first bet for 1.1 and if you win 2 times then you increase it by x0.968 and after 9 win in a row you rest back to base bet !

I really believe , this strategy pull down all dice casinos !

Note : In This picture base bet is 5 dogecoin . I say again strategy is clear but you must use try and error for getting optimized numbers .
Minnlo
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April 05, 2015, 01:40:03 AM
 #1045

Martiangle is a very good strategy, you can earn a lot of money from this strategy, but be careful not to use this strategy too much if you do not want to lose all the money, because many bookies are committing fraud.

No it is a bad strategy because you will have to wager a lot for very little potential profit.

There is no anti-martingale system and dice sites don't need to commit fraud against martingale gamblers. Instead, just by luck, they will sooner or later get a long enough streak to get busted if they keep playing.


chemdog
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April 05, 2015, 03:26:43 AM
 #1046

Martiangle is a very good strategy, you can earn a lot of money from this strategy, but be careful not to use this strategy too much if you do not want to lose all the money, because many bookies are committing fraud.

You couldn't be more wrong. Martingale is a horrible strategy for long-term gambling and you will eventually bust and lost all your money. This method only works if someone had an infinite bankroll. I've lost 10x in a row on PD, JD, and many other sites. Don't say this strategy works. It really does not. And this strategy isn't related to fraud at all...
dznuts85
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April 05, 2015, 03:52:12 AM
 #1047

Martiangle is a very good strategy, you can earn a lot of money from this strategy, but be careful not to use this strategy too much if you do not want to lose all the money, because many bookies are committing fraud.

martingale strategy more likely looks you are waiting for your bankroll to get busted by red streak and not to profit.. thats why i stop gambling on dice sites to avoid martingale coz i once loved that strategy

shulio
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April 05, 2015, 06:30:11 AM
 #1048

I use Dicebot these settings are very good but the bot reset back to base bet after first win , if it doesn't , this strategy is really good for multiple x10 your invest and play long term .



Note : These numbers must be optimized and i can't write lua script for these settings and optimized them . if someone could please do it .



Im having a really hard time understand your settings there, so everytime you lose you increase your bet x2 but if you lose 2 times then you increase it by x2.36 and if you win you also increase your bet for 2.1? So you are increasing your bet everytime?

No
Every-time you lose you increase your bet x1.0 but if you lose 2 times then you increase it by x1.36 and if you win you also increase your first bet for 1.1 and if you win 2 times then you increase it by x0.968 and after 9 win in a row you rest back to base bet !

I really believe , this strategy pull down all dice casinos !

You cant really advertise this as a sure win casino because you should know that there are none bullet proof strategy that work for a long time in a dice sites, because sooner or later, the house will bust your bankroll if you play long enough
Astargath
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April 05, 2015, 06:52:22 AM
 #1049

I use Dicebot these settings are very good but the bot reset back to base bet after first win , if it doesn't , this strategy is really good for multiple x10 your invest and play long term .



Note : These numbers must be optimized and i can't write lua script for these settings and optimized them . if someone could please do it .



Im having a really hard time understand your settings there, so everytime you lose you increase your bet x2 but if you lose 2 times then you increase it by x2.36 and if you win you also increase your bet for 2.1? So you are increasing your bet everytime?

No
Every-time you lose you increase your bet x1.0 but if you lose 2 times then you increase it by x1.36 and if you win you also increase your first bet for 1.1 and if you win 2 times then you increase it by x0.968 and after 9 win in a row you rest back to base bet !

I really believe , this strategy pull down all dice casinos !

You cant really advertise this as a sure win casino because you should know that there are none bullet proof strategy that work for a long time in a dice sites, because sooner or later, the house will bust your bankroll if you play long enough

It has been proven that "strategies" and "betting methods" end up being the same, if you bet with a high % chance your payout is lower and you have to bet more and the more you bet the more you approach to bust, with a low % chance the payout is big but the chances low so it doesnt really matter what % you choose because the casinos adjusted them to be at the house edge. The only strategies that exist are to make your bets faster instead of waiting millions of bet to get a profit or lose

\\\\\...COIN.....
...CURB...
         ▄▄▄████████████▄▄▄
      ▄██████████████████████▄
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........NEWS, UPDATES, & ICO'S........
...FROM ALL THE PROJECTS YOU LOVE...
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Monopoly
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April 05, 2015, 08:53:42 AM
 #1050

I use Dicebot these settings are very good but the bot reset back to base bet after first win , if it doesn't , this strategy is really good for multiple x10 your invest and play long term .



Note : These numbers must be optimized and i can't write lua script for these settings and optimized them . if someone could please do it .



Im having a really hard time understand your settings there, so everytime you lose you increase your bet x2 but if you lose 2 times then you increase it by x2.36 and if you win you also increase your bet for 2.1? So you are increasing your bet everytime?

No
Every-time you lose you increase your bet x1.0 but if you lose 2 times then you increase it by x1.36 and if you win you also increase your first bet for 1.1 and if you win 2 times then you increase it by x0.968 and after 9 win in a row you rest back to base bet !

I really believe , this strategy pull down all dice casinos !

You cant really advertise this as a sure win casino because you should know that there are none bullet proof strategy that work for a long time in a dice sites, because sooner or later, the house will bust your bankroll if you play long enough

It has been proven that "strategies" and "betting methods" end up being the same, if you bet with a high % chance your payout is lower and you have to bet more and the more you bet the more you approach to bust, with a low % chance the payout is big but the chances low so it doesnt really matter what % you choose because the casinos adjusted them to be at the house edge. The only strategies that exist are to make your bets faster instead of waiting millions of bet to get a profit or lose

With this strategy , first you make x100 profit and then busted ! this is difference between my strategy and others .
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April 05, 2015, 09:00:16 AM
 #1051

I think at the start it does, then u lose all Shocked

Astargath
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April 05, 2015, 10:41:49 AM
 #1052

I use Dicebot these settings are very good but the bot reset back to base bet after first win , if it doesn't , this strategy is really good for multiple x10 your invest and play long term .



Note : These numbers must be optimized and i can't write lua script for these settings and optimized them . if someone could please do it .



Im having a really hard time understand your settings there, so everytime you lose you increase your bet x2 but if you lose 2 times then you increase it by x2.36 and if you win you also increase your bet for 2.1? So you are increasing your bet everytime?

No
Every-time you lose you increase your bet x1.0 but if you lose 2 times then you increase it by x1.36 and if you win you also increase your first bet for 1.1 and if you win 2 times then you increase it by x0.968 and after 9 win in a row you rest back to base bet !

I really believe , this strategy pull down all dice casinos !

You cant really advertise this as a sure win casino because you should know that there are none bullet proof strategy that work for a long time in a dice sites, because sooner or later, the house will bust your bankroll if you play long enough

It has been proven that "strategies" and "betting methods" end up being the same, if you bet with a high % chance your payout is lower and you have to bet more and the more you bet the more you approach to bust, with a low % chance the payout is big but the chances low so it doesnt really matter what % you choose because the casinos adjusted them to be at the house edge. The only strategies that exist are to make your bets faster instead of waiting millions of bet to get a profit or lose

With this strategy , first you make x100 profit and then busted ! this is difference between my strategy and others .

X100?? How did you even calculated that and what does guarantee that you would make x100 before busting? You could just bust in your first 20 bets, as i said your strategy is not any better than any of the other strategies, im sorry.

\\\\\...COIN.....
...CURB...
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      ▀██████████████████████▀
         ▀▀▀████████████▀▀▀
........NEWS, UPDATES, & ICO'S........
...FROM ALL THE PROJECTS YOU LOVE...
▄▄█████████████████████████████████████████████████████████████████████████████████████▄▄
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leen93
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April 05, 2015, 10:51:02 AM
 #1053

The Martingale system may sound too good to be true to newcomers but it is no path to easy money and those using the system are exposed to unlikely but high value risks for little reward. The system manipulates statistics so the player has a high chance of winning a lot of small amounts in exchange for a low risk of losing a lot. The problem is that if the system is used by a player for long enough it is inevitable that the player will eventually hit a losing streak, making a huge loss that will wipe out all of the cumulative small wins they made over a long period of time. According to the law of statistics there is approximately a 0.1% chance of losing a 50/50 bet more than nine times in a row but if a player uses the system for 1,000 bets then they are likely to see this outcome once and that could spell huge losses. The other thing is that most table games like roulette have minimum and maximum bets, which do not work well with the Martingale system as players are likely to hit the maximum table bet at some point.
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April 05, 2015, 11:06:21 AM
 #1054

I think at the start it does, then u lose all Shocked
yeah you're right at starting one would will win and in the end the house will win, the longer you play the more you lose.
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April 05, 2015, 11:13:35 AM
 #1055

I use Dicebot these settings are very good but the bot reset back to base bet after first win , if it doesn't , this strategy is really good for multiple x10 your invest and play long term .



Note : These numbers must be optimized and i can't write lua script for these settings and optimized them . if someone could please do it .



Im having a really hard time understand your settings there, so everytime you lose you increase your bet x2 but if you lose 2 times then you increase it by x2.36 and if you win you also increase your bet for 2.1? So you are increasing your bet everytime?

No
Every-time you lose you increase your bet x1.0 but if you lose 2 times then you increase it by x1.36 and if you win you also increase your first bet for 1.1 and if you win 2 times then you increase it by x0.968 and after 9 win in a row you rest back to base bet !

I really believe , this strategy pull down all dice casinos !

You cant really advertise this as a sure win casino because you should know that there are none bullet proof strategy that work for a long time in a dice sites, because sooner or later, the house will bust your bankroll if you play long enough

It has been proven that "strategies" and "betting methods" end up being the same, if you bet with a high % chance your payout is lower and you have to bet more and the more you bet the more you approach to bust, with a low % chance the payout is big but the chances low so it doesnt really matter what % you choose because the casinos adjusted them to be at the house edge. The only strategies that exist are to make your bets faster instead of waiting millions of bet to get a profit or lose

With this strategy , first you make x100 profit and then busted ! this is difference between my strategy and others .

X100?? How did you even calculated that and what does guarantee that you would make x100 before busting? You could just bust in your first 20 bets, as i said your strategy is not any better than any of the other strategies, im sorry.

You couldn't understand the system . this strategy wouldn't bust in 200 bets and even 2000 bets if you optimized numbers !! how you calculate ?
Someone told me , run his script and get profit x2 in 2 hours . he promise me will send the snapshot
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April 05, 2015, 05:06:20 PM
 #1056

An interesting, safer, yet slower strategy is to play:

- 2X Payout

- Double your Wager on WIN - Up to 3 Times (Ex. 0.01; 0.02; 0.04)

- After 3rd Win Reset to Base (0.01 in above example)

- Reset to base after any loss.

Try it. Wink

CD

R.I.P       CryptoDigitals         Born 9-30-14       Died 4-12-15
jorjito25
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April 05, 2015, 05:15:50 PM
 #1057

An interesting, safer, yet slower strategy is to play:

- 2X Payout

- Double your Wager on WIN - Up to 3 Times (Ex. 0.01; 0.02; 0.04)

- After 3rd Win Reset to Base (0.01 in above example)

- Reset to base after any loss.

Try it. Wink

CD


Dosent exist strategy to win since there is a minimum and maximum limit bet.
Martingale will work without those limits!
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April 05, 2015, 05:21:26 PM
 #1058

In my experience upper & bottom limits only hamper martingale workings. Better going with a bare martingale run.
However, You should not expect gaining huge amounts of money from them in long time.

Just my 2 satoshi, however.
 Wink

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April 05, 2015, 06:51:16 PM
 #1059

An interesting, safer, yet slower strategy is to play:

- 2X Payout

- Double your Wager on WIN - Up to 3 Times (Ex. 0.01; 0.02; 0.04)

- After 3rd Win Reset to Base (0.01 in above example)

- Reset to base after any loss.

Try it. Wink

CD


Some math for that strategy with a 0% house edge:

Loosing 3 times in a row is 12.5% chance ( 1 every 8 bets)
in 100 bets you would have at least 11 of 3 loosing streaks every 3 losing streak you are loosing (0.01 + 0.02 + 0.04 = 0.07) so 11 x 0.07 = 0.77 even if you won all the other 64 remaining bets yu would only win 0.64 so you would still lose money

Edit: nvm just realized you talked about after each win, not loss xd
futureofbitcoin
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April 06, 2015, 06:39:44 AM
 #1060

An interesting, safer, yet slower strategy is to play:

- 2X Payout

- Double your Wager on WIN - Up to 3 Times (Ex. 0.01; 0.02; 0.04)

- After 3rd Win Reset to Base (0.01 in above example)

- Reset to base after any loss.

Try it. Wink

CD


Doesn't work. You still lose in the end.
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