Martingale System

[trader001]

is it really worth the try. i'm curious about it and want to try it on freebitco.in. I also found a script online.

The strategy has proven to not work.

[grtthegreat]

is it really worth the try. i'm curious about it and want to try it on freebitco.in. I also found a script online.

I just don't understand why people are developing a lot of scripts and wasting a lot of time coding to exploit a FAUCET. Yes, freebitco.in is ofcourse a faucet. And the answer to your question - Martingale will always give you loss unless and until you have infinite money to lose. And surely you don't have that because that is the reason you are visiting a faucet.

[guybrushthreepwood]

is it really worth the try. i'm curious about it and want to try it on freebitco.in. I also found a script online.

I just don't understand why people are developing a lot of scripts and wasting a lot of time coding to exploit a FAUCET. Yes, freebitco.in is ofcourse a faucet. And the answer to your question - Martingale will always give you loss unless and until you have infinite money to lose. And surely you don't have that because that is the reason you are visiting a faucet.

It won't always give you a loss. In fact, I won big the first two times I used it, but that was just luck. If you carry on using it you will lose. As with all gambling it's knowing when to quit whilst you're ahead.

[Mr Tea]

How much did you win? And did you lose eventually? 

[DrG]

is it really worth the try. i'm curious about it and want to try it on freebitco.in. I also found a script online.

I just don't understand why people are developing a lot of scripts and wasting a lot of time coding to exploit a FAUCET. Yes, freebitco.in is ofcourse a faucet. And the answer to your question - Martingale will always give you loss unless and until you have infinite money to lose. And surely you don't have that because that is the reason you are visiting a faucet.

It won't always give you a loss. In fact, I won big the first two times I used it, but that was just luck. If you carry on using it you will lose. As with all gambling it's knowing when to quit whilst you're ahead.

You clearly do not know what the Martingale system is if you are winning big.  You are supposed to bet small, but repetively and keep nipping away until you win, then restart at a small bet.  Perhaps you meant you went onto 10 rounds of fail and then won, in which case you actually came close to completely failing.

So sad that people can't even enjoy gambling without having a system now lol. Gonna hit the craps table again.  Last time some old geyser tossed my wife a $1k coin at Wynn for being hot roller - easiest money we ever made 

[guybrushthreepwood]

Um, no. I won big using the martingale system. Why are you so against people making money this way? I didn't say it was foolproof. Any way is a gamble and throwing your money at it the 'regular' way isn't exactly safer or even more 'fun'. I'd recommend people not even gamble at all to be honest.

[chaosPT]

it will never work you end up losing all bankroll in 24 losing streak which happen in 500k roll .

[mezmerizer9]

WHat about this, http://en.wikipedia.org/wiki/Kelly_criterion? Has anyone tried it before?

[Mr Tea]

WHat about this, http://en.wikipedia.org/wiki/Kelly_criterion? Has anyone tried it before?

I don't think there's any foolproof methods with games of chance. If there was casinos would be out of business.

[Rapido]

WHat about this, http://en.wikipedia.org/wiki/Kelly_criterion? Has anyone tried it before?

I don't think there's any foolproof methods with games of chance. If there was casinos would be out of business.

you have a point there sir. I think there is no really easy way and i think that the faucet can detect if im using the system. hmmm

[phpTaskForce]

We have developed new betting script for freebitco.in.
It is NOT based on Martingale's strategy, and it can be used for gambling with any
multiplier.
It showed better results than our previous Martingale based script, so far.
Script can be found here http://phptaskforce.net/rabbitscript

phpTaskForce Team

[fatguyyyyy]

every martingale system will fail you, because you dont have a infinite amount of bank roll.

[JJB]

But what if you do?  And any amount of gambling will fail you eventually.

[cookmac]

Its more like martinfail.

Think about it for a sec, if it worked, then everyone would be doing this..

[Harley997]

WHat about this, http://en.wikipedia.org/wiki/Kelly_criterion? Has anyone tried it before?

I don't think there's any foolproof methods with games of chance. If there was casinos would be out of business.

You can count cards in blackjack. This will give you a slight positive EV for each bet.

[Soappa]

WHat about this, http://en.wikipedia.org/wiki/Kelly_criterion? Has anyone tried it before?

I don't think there's any foolproof methods with games of chance. If there was casinos would be out of business.

If you check the page carefully, you will see the kelly criterion tells you to never play in games with negative expected value.

[DrG]

Um, no. I won big using the martingale system. Why are you so against people making money this way? I didn't say it was foolproof. Any way is a gamble and throwing your money at it the 'regular' way isn't exactly safer or even more 'fun'. I'd recommend people not even gamble at all to be honest.

Perhaps you and I have different meanings of the word "big". Big to me would be going in with 1k and walking out with 10K.

If that's what happened with you, then you must have bet 1K 10 times.  But mind you that if you lost the first bet, you're out  - that's not really using the Martingale system.  If you did the press system in such a scenario you would have won 1k2^10 or $1 million.

Please read any book on Martingale - the system relies on small bets that are repeated over and over.  it's very monotonous.  You can very easily come out ahead, but you don't win big like you would if you pressed your earnings.

[factor280]

Martingale has proven time and time again to get people to go broke. Better system is to start with 1 unit and increase after every win by 1 unit. If you get on a hot streak, you might be on to something good!

[ranochigo]

Martingale has proven time and time again to get people to go broke. Better system is to start with 1 unit and increase after every win by 1 unit. If you get on a hot streak, you might be on to something good!

You can get a lose streak. If you do it like this even after you are in a very long lose streak, you would probably not going to be recovering from that loss.

[ALToids]

Just tried this martingale crap.  You win a little and can sometimes double your earnings but I usually go bust before I have tripled them.

Better off doubling winnings