Does martingale really works?

[arallmuus]

if you have 1000btc and start very low it could work out but nobody play with these big amounts

By starting low do you mean that as 1 satoshi? Not worth it as each loss double up your wager amount and if it lose then you loss keep on pilling up and if you win , you will only gain 1 satoshi in return. In fact why dont you read above of your post as I have explicitly stated that even if you have alot of BTC and start as low as possible, the strategy will not be working at some point. Also if someone has 1000 BTC to play with then that person will not be willing to collect dust of 1 satoshi .

Quoted them because you missed them

you cant have an infinite bankroll and all sites have their maximum win amount . At one point if you keep on losing then you will hit the max win amount limitation on the site and you cant continue to double up your wager amount

[1714555789]

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[1714555789]

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[Pony789]

if you have 1000btc and start very low it could work out but nobody play with these big amounts

By starting low do you mean that as 1 satoshi? Not worth it as each loss double up your wager amount and if it lose then you loss keep on pilling up and if you win , you will only gain 1 satoshi in return. In fact why dont you read above of your post as I have explicitly stated that even if you have alot of BTC and start as low as possible, the strategy will not be working at some point. Also if someone has 1000 BTC to play with then that person will not be willing to collect dust of 1 satoshi .

Quoted them because you missed them

you cant have an infinite bankroll and all sites have their maximum win amount . At one point if you keep on losing then you will hit the max win amount limitation on the site and you cant continue to double up your wager amount

Well, the max bet or max profit limit is not what make martingale doesn't work.
For your reference, you can bet on JD as little as 0.00000001 CLAM and the current max profit is 135893 CLAM.
Will martingale work on JD? I am afraid not.

[arallmuus]

By starting low do you mean that as 1 satoshi? Not worth it as each loss double up your wager amount and if it lose then you loss keep on pilling up and if you win , you will only gain 1 satoshi in return. In fact why dont you read above of your post as I have explicitly stated that even if you have alot of BTC and start as low as possible, the strategy will not be working at some point. Also if someone has 1000 BTC to play with then that person will not be willing to collect dust of 1 satoshi .

Quoted them because you missed them

you cant have an infinite bankroll and all sites have their maximum win amount . At one point if you keep on losing then you will hit the max win amount limitation on the site and you cant continue to double up your wager amount

Well, the max bet or max profit limit is not what make martingale doesn't work.
For your reference, you can bet on JD as little as 0.00000001 CLAM and the current max 135893 CLAM.
Will martingale work on JD? I am afraid not.

I am actually telling that it will fail even if you have infinite bankroll or so. The probability for you to hit the maximum limit is close to zero with 0.00000001 however this doesnt mean that this is not going to happen. As you mention up in your previous post that each bet is dependant which means that there is still a chance that you will hit the max bet at some point.
Which means that even if you have millions of clams to martingale with, once you hit the maximum limit then you wont be able to double up your wager amount anymore and that will be the point where it fails eventually




@tigertatas : it seems you know well about what the next roll is? judging from you screenshot that you increase your wager amount the moment it is going to hit your desired number ( I may be skeptical on this )

[real789]

Example 2

Getting Jiggly wit it..

-TigerTatas

https://i.imgur.com/TdIfwC1.png

awesome that beautiful
it is a very beautiful victory enviable
i hope i can get your luck and get more profit like you

[TigerTatas]

@tigertatas : it seems you know well about what the next roll is? judging from you screenshot that you increase your wager amount the moment it is going to hit your desired number ( I may be skeptical on this )

Na, I don't know what the next rolls will be. I do gamble that there is only so long the streaks are going to run. I believe you do not need an infinite bankroll, you just need a better method. I believe I ?may? have found a good way to do it. For the curious, I'll post more results here. Until then, come to just-dice and hang out with us.

-TigerTatas

[arallmuus]

Na, I don't know what the next rolls will be.

It seems you are just lucky with it, Im just wondering anyway how do you exactly know when to increase your wager and hit up the desired number of your bet thus won a big amount of it

I believe you do not need an infinite bankroll

Of course not, infinite bankroll without a proper strategy to help will be the same as gamble all the way blindly and hope winning streak struck you over

you just need a better method. I believe I ?may? have found a good way to do it.

Your strategy is indeed a variance of martingale . Multiplier X, with a starting wager of Y and Increase on Z percentage if lost. Having a proper strategy will help in giving you "some edge" on the rolls however still this stands

Code:

dice is a luck-based game

Eventually it will then depends on your luck though as of your screenshot, you are indeed lucky to win a huge amount with high multiplier within only a few rolls of it (first screenshot) and another luck at the second screenshot which shows that you won and hit the desired number in just 1 roll after you increase your wager

I'll post more results here.

Will be waiting for it, to see another luck I guess

[subSTRATA]

Theoretically, if you have an infinitely large bankroll, you will consistently win money in the long run. Of course noone has a bankroll that big,

Infinite bankroll is not a guarantee that you will consistently win in the long run especially if you use martingale. And this has been discussed several times, so you need to check some previous posts about this.

this exactly; however minuscule it might be, there is always the unlikely chance that you will get losing rolls indefinitely. its very unlikely, but it can happen.

[FanEagle]

I would never play with martingale not even if you pay me to do so.

[Grand_Voyageur]

I would never play with martingale not even if you pay me to do so.

If I could play martingale with faucet money & I could be paid to do so.....I would play with it! Don't you, too?

[kronkodil]

Yesterday i have start a martingale to rollin, but later more bets, i see "connection error" and the bet are stopped. This for me is the most risk of martingale choice (later stopped i have lost last 8 bet)

[arallmuus]

i see "connection error" and the bet are stopped. This for me is the most risk of martingale choice (later stopped i have lost last 8 bet)

Having a bad connection is not a risk at all because you could roll it manually again starting from your last wager amount. Even if your connection is decent and you could roll the next one without any issue, there is still no guarantee that you will win the next one as you could suffer another loss thus keep on doubling your wager amount

I would never play with martingale not even if you pay me to do so.

Why wouldnt you do such an easy things for free money? *sarcasm* you could easily set up a bot to roll it in less than 15 seconds

[chriswen]

But the point isn't that even if it's unlikely there's still a small chance.

The point is that if you're really okay with satoshis. If you want more you have to keep doing this strategy multiple times. And the more you want the more you'll have to bet.  Say you want 0.01 clam, that's a few cents. You'd have to do the martingale sequence 1 million times. And chances are you won't go bust. But what if you want to win more? And are you really willing to risk 250k to win a few cents?

[98problems]

Yesterday i have start a martingale to rollin, but later more bets, i see "connection error" and the bet are stopped. This for me is the most risk of martingale choice (later stopped i have lost last 8 bet)

most probably connection error was because of you poor internet connection, though it could have been websites problem, where did you play when it happened?

[TigerTatas]

So far, so lucky..

-TigerTatas

https://i.imgur.com/q0sDza5.png

[adzino]

Yesterday i have start a martingale to rollin, but later more bets, i see "connection error" and the bet are stopped. This for me is the most risk of martingale choice (later stopped i have lost last 8 bet)

You could continue rolling manually. You just had to check your last few bets and make some calculations and do few manual rolls untill you win.
You can then start auto betting again. So no big deal.

if you have 1000btc and start very low it could work out but nobody play with these big amounts

Starting very low is not a good choice in martingale. If you start with say 10 sat as in very low it will take you ages to make huge profit and the time you would be spending will not be worth!

[pooya87]

Theoretically, if you have an infinitely large bankroll, you will consistently win money in the long run. Of course noone has a bankroll that big,

Infinite bankroll is not a guarantee that you will consistently win in the long run especially if you use martingale. And this has been discussed several times, so you need to check some previous posts about this.

do you mean that if you have for example 1,000,000BTC (i mil) and started from 0.00000001BTC (1 satoshi) you could lose at some point ?

p.s. i know the numbers are unreal but we are theory crafting about an infinite bankroll here.

Yes you could lose at some point. Also what's your goal? How much do you want to make?

i have no goal and i don't want to make anything. i gave up martingale method a long time ago.
back then i was doing a lot of it and kept losing no matter how much i had, but i always had this mentality that the loses must stop at some point, i mean for example i thought that you can not lose 10 times in a row then i had 13 lose.
then i though 13 is it, then i had 15 and so on.

but it was interesting to see everyone's answers on this. thank you all,

[TigerTatas]

Is anyone interested in seeing this? If not, I can quit posting updates on my progress.

-TigerTatas

https://i.imgur.com/VKYfUo1.png

[FanEagle]

It's not actually martingale but I love your wins mate

[TigerTatas]

You're somewhat right, it's not martingale by definition. However, it uses the same idea, just a different method of accumulating the losses.

Here's another one that happened 2 mins ago.  

((That extra 10 bet was a mistake... uhh..))

-TigerTatas

https://i.imgur.com/Q7wBSYS.png

[FanEagle]

Hell,this is the best way to make me feel poor and unlucky at dice ah! Keep going mate!