Bitcoin Forum
November 06, 2024, 11:54:18 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 31 32 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 123299 times)
Bardman
Hero Member
*****
Offline Offline

Activity: 952
Merit: 516



View Profile
July 09, 2015, 09:18:34 AM
 #1601

You guys need to let this thread die. Martingale is massively EV-, it's more profitable to just bet your entire balance on one bet, with odds that you want.

If you want the thread to die you shouldn't post such misleading statements. It has been proven many times that betting your entire balance on one bet is NOT the most efficient way to achieve any profit goal.
I believe that betting your entire balance on one bet is most efficient way to lost your all balance very quickly

Wherever there is a possibility of loosing all your balance quickly there is also the other possibility of winning a lot of money quickly, bigger risk bigger rewards.

  █
 ▐ █  
  █
 ▐ █  


▄████████████████████▄
██████▀░░░░░░░░███████
████▀░░░▄████▄░░░░████
███░░▄█▀▀░░░░▀▀██░░███
██░░░█▌░██████░░██░░██
██░░█▌░████████░▐█░░██
██░░█▌░████████░▐█░░██
██░░█▌░███████████░░██
██░░░█▌░░█████▌░▐█░▐██
███░░▀█▌░░█▀░░▄██▀░▐██
████▄░░▀██████████████
██████▄░░░░███████████
▀████████████████████


▄████████████████████▄
██████████████████████
██████████░░██████████
█████████░░░░█████████
████████░░░░░░████████
███████░░░▐▌░░░███████
██████░░░░██░░░░██████
█████░░░░████░░░░█████
████░░░░██████░░░░████
███░░░░░░░░░░░░░░░░███
██░░░░░░░░░░░░░░░░░░██
██████████████████████
▀████████████████████

.a.


░░██████████████████████████████████████░░
██████████████████████████████████████████
██████████████████████████████████████████
██████████████████████████████████████████
████████████░░░░░░░░░░░░░░░░░░░░██████████
██████████░█████████████████████░█████████
█████████░████░░░░░░░░░░░░░░░░███░████████
████████░███░█████████████████░████░██████
██████░███░░███░░░░░░░░░░░░░████░███░░████
█████░███░████░█████████████░████░████░███
███░░███░████░░██████████████░████░████░██
████░░███░░████░███████████░░████░████░███
██████░░███░░███░░████████░████░████░█████
████████░████░░███░░████░████░████░███████
█████████░░████░████░███████░████░████████
███████████░░███░░███░░████████░██████████
█████████████░████░████░█████░████████████
███████████████░████░░███░░███████████████
█████████████████░████░███████████████████
██████████████████░░███░░█████████████████
████████████████████░░████████████████████
█████████████████████░████████████████████
██████████████████████████████████████████
██████████████████████████████████████████
░░██████████████████████████████████████


▄████████████████████▄
█████████████████▀░░██
██████████▀░███▀░░░░██
█████████▀░░██░░░░░░██
███████▀░░░░█░░░░░░░██
██████▀░░░░░▒░░░░░░░██
█████▀░░░░░░▒░░░░░░░██
████▀░░░░░░░▒░░░░░░░██
████░░░░░░░░▒░░░░░░░██
███▀░░░░░░░░▒░░░░░░░██
██▀░░░░░░░░░▒░░░░░░░██
██░░░░░░░░░░▒░░░░░░░██
▀████████████████████


▄████████████▀███████▄
████▀▀▀▀▀▀▀▀▀░▀▀▀▀▀▀▀█
████░░██░░░░█░░░████░█
███░░█░░░░██░░░░░░░░░█
██░░░░░░░░░░███░░░░░██
█████████░░░██░░░█████
████████░░░█░░░░██████
███████░░░░░░░░░██████
██████░░░░░░█░░███████
█████░░░░░███░░███████
████░░░░░███░░░███████
██████░░░░░░░░░███████
▀████████████████████
XinXan
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 505


View Profile
July 09, 2015, 11:07:26 AM
 #1602

You guys need to let this thread die. Martingale is massively EV-, it's more profitable to just bet your entire balance on one bet, with odds that you want.

If you want the thread to die you shouldn't post such misleading statements. It has been proven many times that betting your entire balance on one bet is NOT the most efficient way to achieve any profit goal.

And also why did you say Martingale is massively -EV? Any strategy is -EV depending on the house edge, it could be more or less but every strategy will fail, its true that there are some ways to have a tiny better chance but nothing too significative
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 3710
Merit: 10435


#1 VIP Crypto Casino


View Profile
July 09, 2015, 11:18:36 AM
 #1603

You guys need to let this thread die. Martingale is massively EV-, it's more profitable to just bet your entire balance on one bet, with odds that you want.

martingale is the worst gambling method but it is the most popular and most used method at the same time too. so i guess this thread is not going to die that easily
and as you can see it has already got to page 80, and there is a lot of good perspectives and arguments in these pages too.

I don't agree with using martingale, sure it has 'some' record of success for certain people but gamblers are always searching for something that they think will give them guaranteed success. The truth is that there is no guaranteed way to win on any dice site.

I think poorly advised, poorly educated people use martingale & expect guaranteed returns, it just doesn't happen. I just play for fun & don't even try to apply technical/scientific methods to win. I think it's a shame that some dumb people get misled into betting larger amounts using martingale thinking it's some kind of guaranteed honey pot.

█████████████████████████
███████████▄█████████████
██████▀░▀█▀░▀█▀░▀████████
███████▄███▄███▄█████████
████▀██▀██▀░▀████▀░▀█████
███████████░███▀██▄██████
████▀██▀██░░░█░░░████████
███████████░███▄█▀░▀█████
████▀██▀██▄░▄███▄░░░▄████
███████▀███▀███▀██▄██████
██████▄░▄█▄░▄█▄░▄████████
███████████▀█████████████
█████████████████████████
 
.Bitcasino.io.
 
.BTC  ✦  Where winners play  BTC.
.
..
.
    ..





████
████
░░▄████▄████████████▄███▄▄
░███████▄██▄▄▄▄▄▄█████████▄
███████████████████████████
▀████████████████████████▀
░░▀▀████████████████████
██████████████████▄█████████
██
▐███████▀███████▀██▄██████
███████▄██▄█▀████▀████████
░░██████▀▀▀▄▄▄████▀▀████
██▐██████████▀███▀█████████████    ████
███
████████████
███████████████    ████
█████▀████████████████▀
███████▀▀▀█████████▀▀
..
....
 
 ..✦ Play now... 
.
..
BTCevo
Legendary
*
Offline Offline

Activity: 1834
Merit: 1008


View Profile
July 09, 2015, 02:53:30 PM
 #1604

There is no winning system for gambling, some have good methods and some might even have something close to a system but you will not hear from them.

i believe its depends on luck also
and i think martingale system does not work if have balance very small



Balance is nothing to do with martingale system, this is just pure of luck, although with a high balance you have you will still have a chance to get a loss streak



You guys need to let this thread die. Martingale is massively EV-, it's more profitable to just bet your entire balance on one bet, with odds that you want.

martingale is the worst gambling method but it is the most popular and most used method at the same time too. so i guess this thread is not going to die that easily
and as you can see it has already got to page 80, and there is a lot of good perspectives and arguments in these pages too.

I don't agree with using martingale, sure it has 'some' record of success for certain people but gamblers are always searching for something that they think will give them guaranteed success. The truth is that there is no guaranteed way to win on any dice site.

I think poorly advised, poorly educated people use martingale & expect guaranteed returns, it just doesn't happen. I just play for fun & don't even try to apply technical/scientific methods to win. I think it's a shame that some dumb people get misled into betting larger amounts using martingale thinking it's some kind of guaranteed honey pot.

Sometimes with a good luck you can earn more using martingale. This is not a poorly educated people using strategy, but a well educated of people are trying to get a good strategy with martingale and combine it with their luck so I think it works good enough to get some
arallmuus
Legendary
*
Offline Offline

Activity: 2716
Merit: 1427



View Profile WWW
July 09, 2015, 05:04:44 PM
 #1605

I believe that betting your entire balance on one bet is most efficient way to lost your all balance very quickly

This is funny though it must be coming from someone that dont "understand" how to make the edge on your favor or atleast lower them off to have a chance to get profit. Gambling blindly is merely losing your BTC however if you gamble is "smartly" you can actually make a profit from the site.
Gambling blindly is merely setting up your bot with XYZ strategy and hope to win big chunk of BTC after some time and/or blindly going all in and hope you win . While on the other hand gambling "smartly" involving in taking bonuses , promotions and cashback for example . This is merely not a guarantee that you will "win" because with this you can only initially "lower" the edge against you


 
█▄
R


▀▀██████▄▄
████████████████
▀█████▀▀▀█████
████████▌███▐████
▄█████▄▄▄█████
████████████████
▄▄██████▀▀
LLBIT▀█ 
  TH#1 SOLANA CASINO  
████████████▄
▀▀██████▀▀███
██▄▄▀▀▄▄████
████████████
██████████
███▀████████
▄▄█████████
████████████
████████████
████████████
████████████
█████████████
████████████▀
████████████▄
▀▀▀▀▀▀▀██████
████████████
███████████
██▄█████████
████▄███████
████████████
█░▀▀████████
▀▀██████████
█████▄█████
████▀▄▀████
▄▄▄▄▄▄▄██████
████████████▀
........5,000+........
GAMES
 
......INSTANT......
WITHDRAWALS
..........HUGE..........
REWARDS
 
............VIP............
PROGRAM
 .
   PLAY NOW    
jason miner
Member
**
Offline Offline

Activity: 117
Merit: 10


View Profile
August 23, 2015, 03:06:53 PM
 #1606

I think that martingale does not work. sooner or later you will lose all your money
bill gator
Legendary
*
Offline Offline

Activity: 1372
Merit: 1123



View Profile
August 23, 2015, 03:21:20 PM
 #1607

Of course it doesn't work, or every dice sites will go bankrupt and will be forced to shut down. Grin
Shinpako09
Legendary
*
Offline Offline

Activity: 2058
Merit: 1015


View Profile
August 23, 2015, 03:37:07 PM
 #1608

Yeah, but it will only works at the start. Its not a long term strategy. It will just make you fail in the last.
Coef
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1000


Exhausted


View Profile
August 23, 2015, 05:28:15 PM
 #1609

Its not a long term strategy. It will just make you fail in the last.

Correct.

Yeah, but it will only works at the start.

Well you could hit a long enough loss streak at any time. Statistically speaking, you are very unlikely to hit such a streak if you just make a few dozens of bets, but still you could hit it right in the very beginning.

plost24
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile
August 23, 2015, 05:50:51 PM
 #1610

for me i don't use it :p
i always bet max amout with x1.1 payout Wink
and some time it make a real profite Wink

For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
freeyourmind
Sr. Member
****
Offline Offline

Activity: 364
Merit: 252



View Profile
August 23, 2015, 05:53:00 PM
 #1611

Its not a long term strategy. It will just make you fail in the last.

Correct.

Yeah, but it will only works at the start.

Well you could hit a long enough loss streak at any time. Statistically speaking, you are very unlikely to hit such a streak if you just make a few dozens of bets, but still you could hit it right in the very beginning.

Yeah...the probability of having a losing streak on the first bet (or any series of bets) would be very low...but it has happened to me before.
srgkrgkj
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile
August 23, 2015, 06:14:27 PM
 #1612

for me i don't use it :p
i always bet max amout with x1.1 payout Wink
and some time it make a real profite Wink

that's actually quite risky mate Ive had quite a few times where ive forgoed my bankroll in one roll lol Tongue

lolxxxx
Legendary
*
Offline Offline

Activity: 2198
Merit: 1032


View Profile WWW
August 23, 2015, 06:19:08 PM
 #1613

for me i don't use it :p
i always bet max amout with x1.1 payout Wink
and some time it make a real profite Wink

that's actually quite risky mate Ive had quite a few times where ive forgoed my bankroll in one roll lol Tongue

Same with me it dont works .. I dont know sometimes it works mostly not works , and i dont know weather its my luck or martingale lol..
I bet max amount on 1.1x and won enough amount to make my day ... Smiley
GannickusX
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile
August 23, 2015, 06:23:53 PM
 #1614

Its not a long term strategy. It will just make you fail in the last.

Correct.

Yeah, but it will only works at the start.

Well you could hit a long enough loss streak at any time. Statistically speaking, you are very unlikely to hit such a streak if you just make a few dozens of bets, but still you could hit it right in the very beginning.

Yeah...the probability of having a losing streak on the first bet (or any series of bets) would be very low...but it has happened to me before.

the probability is always low, doesnt matter if it is your first few bets or not, that would mean that your first few bets give you better odds and thats simply not true, everything about martingale has been said already there is no need to revive this thread. No strategy works, end of discussion.
Patatas
Legendary
*
Offline Offline

Activity: 1750
Merit: 1115

Providing AI/ChatGpt Services - PM!


View Profile
August 23, 2015, 06:26:37 PM
 #1615

Based on my experiences , it doesn't. I always end up losing especially when autobetting   Undecided
lolxxxx
Legendary
*
Offline Offline

Activity: 2198
Merit: 1032


View Profile WWW
August 23, 2015, 06:28:43 PM
 #1616

Based on my experiences , it doesn't. I always end up losing especially when autobetting   Undecided

Mostly I lose too while using autbetting on dice ! well yes martingale for me on luckybit works i won 1.4 last month using that lol .
Patatas
Legendary
*
Offline Offline

Activity: 1750
Merit: 1115

Providing AI/ChatGpt Services - PM!


View Profile
August 23, 2015, 06:52:05 PM
 #1617

Based on my experiences , it doesn't. I always end up losing especially when autobetting   Undecided

Mostly I lose too while using autbetting on dice ! well yes martingale for me on luckybit works i won 1.4 last month using that lol .

I think I'm gonna try luckybit and do martingale there. I hope it will work on me too
lolxxxx
Legendary
*
Offline Offline

Activity: 2198
Merit: 1032


View Profile WWW
August 23, 2015, 07:00:19 PM
 #1618

Based on my experiences , it doesn't. I always end up losing especially when autobetting   Undecided

Mostly I lose too while using autbetting on dice ! well yes martingale for me on luckybit works i won 1.4 last month using that lol .

I think I'm gonna try luckybit and do martingale there. I hope it will work on me too

yeah good luck just be careful with blue .. Smiley it gives good profit too but the loss ufff ..
psy112
Sr. Member
****
Offline Offline

Activity: 346
Merit: 250


psygambler


View Profile WWW
August 23, 2015, 07:03:47 PM
 #1619

Martingale is a tricky system sometimes, it can go south really fast. I usually don't do strikt martingale, i use lower or higher odds and change the doubling. But with all systems it always turn around at one point

birdcat90
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500



View Profile
August 23, 2015, 09:04:23 PM
 #1620

i usually use martingale for shortime..like targeting profit around 10-20%

sometimes it work and sometimes it just get bust really fast, so all back to the luck again..but if you want to play longer,,try managing your bet

<a href="http://www.freebiebitcoin.com">Earn free bitcoin</a>
Pages: « 1 ... 31 32 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!