Quote from: dooglus on September 18, 2012, 07:55:14 PM

I've often posted logs of silly martingale sequences in the past, marvelling at how anyone could be so foolish as to keep doubling their bet over and over. I never before experienced it first hand - until now.

I was physically shaking as I entered the last couple of bets. I've never before bet over $600 on the roll of a dice. I got lucky, and really think I ought to retire from this game now. It's quite a buzz, but too dangerous for my liking:

hmm, you were betting 'under 24000' though, so each time you doubled up, your profit also increased. You'd only need to increase your bet about 35% each time... So you made about 40 bitcoins profit? martingale as it's defined would have resulted in a gain of just 0.122... and a bet of ~0.165 on your 2nd round..

ed: well, wait, I'm wrong, since your initial bet was 0.122, you were trying to win 0.326, so the 0.326 + bets already lost is what you would bet for on each subsequent round

my favorite is the 8000, with initial bet of 0.001 and increasing by 20% after the first lost, and 15% each time thereafter. the first pays for the tx fees, the other times, well, it sucks to bet 10 and only win a little over a bitpenny