rayhan
Sr. Member
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Activity: 378
Merit: 250
be your self
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April 04, 2015, 05:57:32 AM |
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i'm sure you will lose your money soon
already lost all my bitcoin That was hilarious. Did you have a certain goal of winnings before quitting? there should be .. but for now I'm doing the best that I can do .. yeah about that much that I get and I sell  |
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vennali
Legendary
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Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
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April 06, 2015, 02:11:01 PM |
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I have been using a different strategy lately. Its sort of similar to martingale but very different. I did a simulation of dice by betting at 93%, and the maximum losses I have ever got in a row at 8, with 8 being only once and mostly 7. So I have been running a bot by betting 0 satoshi or lowest amount, and wait for such a streak. And after 7 losses, I bet around 1 BTC at the odds.
I know it sounds like gamblers fallacy, but since the maximum losses in a row have been 7 or 8, I don't mind risking it on the stats I have got before. I started about a week back and have made the bet of 1 BTC 3 times till now. So its been going good till now.
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Twipple
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April 06, 2015, 02:27:36 PM |
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I have been using a different strategy lately. Its sort of similar to martingale but very different. I did a simulation of dice by betting at 93%, and the maximum losses I have ever got in a row at 8, with 8 being only once and mostly 7. So I have been running a bot by betting 0 satoshi or lowest amount, and wait for such a streak. And after 7 losses, I bet around 1 BTC at the odds.
I know it sounds like gamblers fallacy, but since the maximum losses in a row have been 7 or 8, I don't mind risking it on the stats I have got before. I started about a week back and have made the bet of 1 BTC 3 times till now. So its been going good till now.
I don't think casinos allow you to make 0 value bets, and even if they do they slow down the betting speed, specially for that purpose. So if you say you get one streak like in a million then you might just consume that much in electricity to make a million bets. Unless you can bet like 1000 BTC to cover it up. But even then you might just lose it all. |
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zcxvbs
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April 06, 2015, 02:35:47 PM |
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I have no strategy, I would rather say it's about luck, so I always bet at 50% with a small amount, lose or win, simple.
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shanem
Legendary
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Activity: 1344
Merit: 1000
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April 06, 2015, 03:54:05 PM |
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I have been using a different strategy lately. Its sort of similar to martingale but very different. I did a simulation of dice by betting at 93%, and the maximum losses I have ever got in a row at 8, with 8 being only once and mostly 7. So I have been running a bot by betting 0 satoshi or lowest amount, and wait for such a streak. And after 7 losses, I bet around 1 BTC at the odds.
I know it sounds like gamblers fallacy, but since the maximum losses in a row have been 7 or 8, I don't mind risking it on the stats I have got before. I started about a week back and have made the bet of 1 BTC 3 times till now. So its been going good till now.
This method takes too long and they would be instances when you would lose more than 15 times in a row. Your capital would still be wiped out. |
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98problems
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April 06, 2015, 04:28:21 PM |
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I have been using a different strategy lately. Its sort of similar to martingale but very different. I did a simulation of dice by betting at 93%, and the maximum losses I have ever got in a row at 8, with 8 being only once and mostly 7. So I have been running a bot by betting 0 satoshi or lowest amount, and wait for such a streak. And after 7 losses, I bet around 1 BTC at the odds.
I know it sounds like gamblers fallacy, but since the maximum losses in a row have been 7 or 8, I don't mind risking it on the stats I have got before. I started about a week back and have made the bet of 1 BTC 3 times till now. So its been going good till now.
in my opinion its better to use martingale in such situation than betting all in after a few lossess |
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Enzyme
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April 06, 2015, 04:31:03 PM |
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A strategy that seems to work for me is:
1% Odds
0.5% of Inventory per Roll
100 rolls without win = x2
Recalculate and revert to 0.5% afterwards.
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adaseb
Legendary
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Activity: 4046
Merit: 1762
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April 06, 2015, 04:46:14 PM |
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A strategy that seems to work for me is:
1% Odds
0.5% of Inventory per Roll
100 rolls without win = x2
Recalculate and revert to 0.5% afterwards.
But according to this if you roll 200 times without a win, which is pretty possible you end up with a 0% bankroll if you bet 0.5%. You can bet less but it would take forever and a lot of luck to actually win something. |
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Shogen
Legendary
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Activity: 966
Merit: 1001
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April 06, 2015, 04:59:42 PM |
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I have been using a different strategy lately. Its sort of similar to martingale but very different. I did a simulation of dice by betting at 93%, and the maximum losses I have ever got in a row at 8, with 8 being only once and mostly 7. So I have been running a bot by betting 0 satoshi or lowest amount, and wait for such a streak. And after 7 losses, I bet around 1 BTC at the odds.
I know it sounds like gamblers fallacy, but since the maximum losses in a row have been 7 or 8, I don't mind risking it on the stats I have got before. I started about a week back and have made the bet of 1 BTC 3 times till now. So its been going good till now.
in my opinion its better to use martingale in such situation than betting all in after a few lossess The rolls are independent to each other, so the previous rolls should not affect the future rolls. Given the fact that you have 7 losses now, the chance of having another loss is the same as ever. |
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sherbyspark
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April 06, 2015, 07:22:10 PM |
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I have been using a different strategy lately. Its sort of similar to martingale but very different. I did a simulation of dice by betting at 93%, and the maximum losses I have ever got in a row at 8, with 8 being only once and mostly 7. So I have been running a bot by betting 0 satoshi or lowest amount, and wait for such a streak. And after 7 losses, I bet around 1 BTC at the odds.
I know it sounds like gamblers fallacy, but since the maximum losses in a row have been 7 or 8, I don't mind risking it on the stats I have got before. I started about a week back and have made the bet of 1 BTC 3 times till now. So its been going good till now.
This method takes too long and they would be instances when you would lose more than 15 times in a row. Your capital would still be wiped out. I doubt I have ever heard of 15 losses at 90%. Max I have heard is 7. But casinos won't allow him to make bets fast like Twipple said, and it would be a very slow thing. |
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deisik
Legendary
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Activity: 3542
Merit: 1280
English ⬄ Russian Translation Services
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April 06, 2015, 07:33:58 PM |
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I have been using a different strategy lately. Its sort of similar to martingale but very different. I did a simulation of dice by betting at 93%, and the maximum losses I have ever got in a row at 8, with 8 being only once and mostly 7. So I have been running a bot by betting 0 satoshi or lowest amount, and wait for such a streak. And after 7 losses, I bet around 1 BTC at the odds.
I know it sounds like gamblers fallacy, but since the maximum losses in a row have been 7 or 8, I don't mind risking it on the stats I have got before. I started about a week back and have made the bet of 1 BTC 3 times till now. So its been going good till now.
Forgive me my nitpicking, but how is this strategy similar to martingale but very different at the same time? That beats me, it seems that it has nothing to do with martingale. Though never mind. So you are risking 1 BTC with a 93% chance to win how much exactly? |
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shorena
Copper Member
Legendary
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Activity: 1498
Merit: 1636
No I dont escrow anymore.
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April 06, 2015, 07:41:00 PM |
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I have been using a different strategy lately. Its sort of similar to martingale but very different. I did a simulation of dice by betting at 93%, and the maximum losses I have ever got in a row at 8, with 8 being only once and mostly 7. So I have been running a bot by betting 0 satoshi or lowest amount, and wait for such a streak. And after 7 losses, I bet around 1 BTC at the odds.
I know it sounds like gamblers fallacy, but since the maximum losses in a row have been 7 or 8, I don't mind risking it on the stats I have got before. I started about a week back and have made the bet of 1 BTC 3 times till now. So its been going good till now.
Forgive me my nitpicking, but how is this strategy similar to martingale but very different at the same time? That beats me, it seems that it has nothing to do with martingale. Though never mind. So you are risking 1 BTC with a 93% chance to win how much exactly? 93% would typically be ~*1.02 or ~0.02 BTC with 1 BTC bets. |
Im not really here, its just your imagination.
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vennali
Legendary
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Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
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April 06, 2015, 08:14:45 PM |
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Forgive me my nitpicking, but how is this strategy similar to martingale but very different at the same time? That beats me, it seems that it has nothing to do with martingale. Though never mind. So you are risking 1 BTC with a 93% chance to win how much exactly?
Well in martingale I would usually double or multiply my bets after loss, and heavily rely on gambler's fallacy. its the same here, except for that I am not making the middle bets. But am betting exponentially higher.
The rolls are independent to each other, so the previous rolls should not affect the future rolls. Given the fact that you have 7 losses now, the chance of having another loss is the same as ever.
Yes they are. But in the simulation I have never got more than 8 rolls ever. Even though it has the same probability but to satisfy the trend or statistics, it hopefully should never happen. THe probability of 7 losses is already very low. 9 in a row is almost 0. But anyways, I have never had a loss, so I am not sure of it , I might be wrong, but it has worked till now. |
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rayhan
Sr. Member
Offline
Activity: 378
Merit: 250
be your self
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April 07, 2015, 02:22:48 AM |
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I have been using a different strategy lately. Its sort of similar to martingale but very different. I did a simulation of dice by betting at 93%, and the maximum losses I have ever got in a row at 8, with 8 being only once and mostly 7. So I have been running a bot by betting 0 satoshi or lowest amount, and wait for such a streak. And after 7 losses, I bet around 1 BTC at the odds.
I know it sounds like gamblers fallacy, but since the maximum losses in a row have been 7 or 8, I don't mind risking it on the stats I have got before. I started about a week back and have made the bet of 1 BTC 3 times till now. So its been going good till now.
huh, you sure? I just wonder how long it took till eventually you find that 8x lose in a row |
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ubitcoin
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April 07, 2015, 04:58:11 AM |
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Wow i fine the new strategy  Màrtingale in 33%chances and from small base bet |
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sed
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April 07, 2015, 05:45:53 AM |
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I'm thinking that nowadays my strategy is to stay away from dice sites. I've lost too much money gambling and now I'm embarrassed. Well not so much that I'm in trouble but I'm starting to think harder about how and where I spend my BTC.
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ABS-CBN2
Newbie
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Activity: 51
Merit: 0
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April 07, 2015, 06:04:23 AM |
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Wow i fine the new strategy Màrtingale in 33%chances and from small base bet try martingale on 75% chance |
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laris2
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April 07, 2015, 07:21:06 AM |
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My strategy is to win big and then to run away.
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TEST
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ciocgun
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April 07, 2015, 08:01:06 AM |
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Wow i fine the new strategy Màrtingale in 33%chances and from small base bet Does anyone can create a table to performe a confrontation with the different percentages? |
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vennali
Legendary
Offline
Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
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April 07, 2015, 08:22:39 AM |
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I have been using a different strategy lately. Its sort of similar to martingale but very different. I did a simulation of dice by betting at 93%, and the maximum losses I have ever got in a row at 8, with 8 being only once and mostly 7. So I have been running a bot by betting 0 satoshi or lowest amount, and wait for such a streak. And after 7 losses, I bet around 1 BTC at the odds.
I know it sounds like gamblers fallacy, but since the maximum losses in a row have been 7 or 8, I don't mind risking it on the stats I have got before. I started about a week back and have made the bet of 1 BTC 3 times till now. So its been going good till now.
huh, you sure? I just wonder how long it took till eventually you find that 8x lose in a row I am more like banking on the fact that if I do get that 8th loss, I have the bankroll for the 9th, and I won't be afraid to put that bet in. But hasn't happened till now, so fine with it. |
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