Post
Topic
Board Gambling discussion
Re: Does martingale really works?
by
Chemistry1988
on 06/04/2015, 09:32:53 UTC
An interesting, safer, yet slower strategy is to play:

- 2X Payout

- Double your Wager on WIN - Up to 3 Times (Ex. 0.01; 0.02; 0.04)

- After 3rd Win Reset to Base (0.01 in above example)

- Reset to base after any loss.

Try it. Wink

CD


It is called anti-martingale or reverse martingale, which doesn't work as well.

Let's call it a round when you reset your bet size to the base value. There are 4 different scenarios for each round.

WWW: Chance = 49.5%^3, profit = 0.01+0.02+0.04 = 0.07
WWL: Chance = 49.5%*49.5%*50.5%, profit = 0.01+0.02-0.04 = -0.01
WL: Chance = 49.5%*50.5%, profit = 0.01-0.02= -0.01
L: Chance = 50.5%, profit = -0.01

So, you have 12.13% to win 0.07 and 87.87% to lose 0.01, still resulting to a negative EV.


Good news :

My strategy that introduced in above really works .

Someone wrote the lua script in dicebot and used it and makes so profit till now .

Proof :

-snip-

Start by 18K doges , made profit x5 in 50K bets ( almost 20 hours ) .

Don't be lazy wrote the script and make inifite Money and pull down all dice casinos .


Having a profit in a purely luck game doesn't indicate your strategy is working. It simply indicates the gambler was having some good luck.