Bitcoin Martingale Experiment - 0.5BTC into 1BTC

[madhatter.]

This technique is preety Cool
But i already knows this 

I used this technique in Coin flip game
whenever i losses i double my bet to recover the losses plus my profit
This system worked for me at the beginning and i turned my 0.03btc to almost 0.23btc
But 1 Day i lost everything
Gambling are made for fun, they are not our life

Today you Won. You are lucky, just cashout because tomorrow or 1 day you gonna Lost.

[unamis76]

Coin sweeper is pretty boring though

Nothing is boring when you're making profit, haha

[coingamblingreviews]

Coin sweeper is pretty boring though

Nothing is boring when you're making profit, haha

haha best comment I have read yet! That is why we all gamble

[Nami]

so if i get from some peoples responses, martingale does work but in short term.

[KingZee]

so if i get from some peoples responses, martingale does work but in short term.

Not even short term, it's some sort of "safe" betting, where you need to set a goal to yourself when to back out, sometimes you reach your goal, sometimes you end up losing all your investment, but you already calculated that investment, and you know good and well you could afford to lose it.

[Nasus]

if its a huge risk why do it anyways lol.

i mean to me, i feel like its a slow way of losing your balance. id rather bet one time and hope for a win lol.

[fox19891989]

GOOD luck for you, it is difficult to double your money from gambling, it depends on your luck. I like trading.

[coingamblingreviews]

Alright I am about to do this experiment again but with Bitwheel.io this time! Check out the thread here - https://bitcointalk.org/index.php?topic=896198.0

[resya]

so if i get from some peoples responses, martingale does work but in short term.

The martingale strategy doesnt always work, I can assure you that as I used to play dice and would cap out sometimes and lose stupid amounts.

[Nautiluss]

can this work with .1 btc? if we dont have like .5 to work with?

[KingOfSports]

can this work with .1 btc? if we dont have like .5 to work with?

Divide the bets by 5 in the chart posted in the first post. Realize though, your odds of doubling your investment using martingale are much worse then if you were to make a single, all-in bet.

[krunox123]

I deposit 0.01BTC and lost it all, lol.
But it's fun

[Nidaleee]

cant you use this, plus a 90% method if you lose the intial balance wager.  in theory it may work, not sure if anyone tried it though.

[Nocturne]

cant you use this, plus a 90% method if you lose the intial balance wager.  in theory it may work, not sure if anyone tried it though.

i dont think adding 90% would help. what if you did martingale came up, then lost. Then betted again lose at 90%.

[ubitcoin]

Great to go here with it i think )

[TriggerX]

You did it congrats!!!!
I will be depositing some bitcoins and will try your method

[[Newbie]]

i think use martingale is bad for play here.. because the bom can be back 4-5 times in same place don't all in your bicoin ballance at your account(coin-sweeper)

[coingamblingreviews]

i think use martingale is bad for play here.. because the bom can be back 4-5 times in same place don't all in your bicoin ballance at your account(coin-sweeper)

It maybe bad but it's still pretty fun! I was hooked doing it!

[fox19891989]

Martingale is dangerous, if you are not lucky, you will lose everything, dude. The probability is always happening, although 10-20 lost in a row is very tiny possible.  


There are many people had 10 or more lose streak because of poor luck,.

[TriggerX]

You did it congrats!!!!
I will be depositing some bitcoins and will try your method

He actually did it 3 months back . DOn't know why the guy bumped the topic now.

I didn't bump it a guy posted before me and h bumped it which made me see this post. Didn't even realize it was 3 months old lol