Post
Topic
Board Gambling discussion
Re: Does martingale really works?
by
arallmuus
on 29/06/2015, 07:13:50 UTC
By starting low do you mean that as 1 satoshi? Not worth it as each loss double up your wager amount and if it lose then you loss keep on pilling up and if you win , you will only gain 1 satoshi in return. In fact why dont you read above of your post as I have explicitly stated that even if you have alot of BTC and start as low as possible, the strategy will not be working at some point. Also if someone has 1000 BTC to play with then that person will not be willing to collect dust of 1 satoshi .

Quoted them because you missed them

you cant have an infinite bankroll and all sites have their maximum win amount . At one point if you keep on losing then you will hit the max win amount limitation on the site and you cant continue to double up your wager amount


Well, the max bet or max profit limit is not what make martingale doesn't work.
For your reference, you can bet on JD as little as 0.00000001 CLAM and the current max 135893 CLAM.
Will martingale work on JD? I am afraid not.

I am actually telling that it will fail even if you have infinite bankroll or so. The probability for you to hit the maximum limit is close to zero with 0.00000001 however this doesnt mean that this is not going to happen. As you mention up in your previous post that each bet is dependant which means that there is still a chance that you will hit the max bet at some point.
Which means that even if you have millions of clams to martingale with, once you hit the maximum limit then you wont be able to double up your wager amount anymore and that will be the point where it fails eventually





@tigertatas : it seems you know well about what the next roll is? judging from you screenshot that you increase your wager amount the moment it is going to hit your desired number ( I may be skeptical on this )