Quote from: Grant on January 11, 2013, 11:53:35 AM

Quote from: arepo on January 11, 2013, 04:28:37 AM

who would play this without some kind of martingale strategy?

Marting Gale is just a "gamblers fallacy", but i believe a lot of "believers" run bots with it. Unless satoshi dice isn't random, no system will be any better than placing completely random bets at random times.

http://wizardofodds.com/ask-the-wizard/betting-systems/martingale/
http://wizardofodds.com/gambling/betting-systems/

you're right. except some particularly non-risk-averse strategies can inflate both expected value and risk. the martingales are a perfect example of this. but your critique gets to the bottom of this-- these games are all negative ev games and im surprised it gets as much traffic as it does.

i don't see people hanging out in garages betting on cointosses, so what's the difference?