The odds are calculated at 49.95% which is what an old dice casino had as odds, it doesn't matter if its lower or higher, the point is to illustrate how using martingale is a waste of time and it's worse than playing a single bet
if you use 40% you can use a smaller multiplier, and hitting 40% is better than hitting 33%, but playing 40% alone will destroy you. If you look at the odds, you switch when it tells you to.
oh yeah btw i was using d'alambert style bets, not martingale.
The thing is as I said it doesn't matter what % you use, it's pointless and never going to be better than other ''strategies'' like one single bet to not waste time. There was another calculated ''strategy'' by dooglus showing how a single sequence of martingale was almost the best ''strategy'' in terms of odds, it would give you like a 0.1% extra, still obviously not a winning strategy .
Say what you want but you can't ignore the evidence. Decided to try it with 0.009 btc last night, made 0.0005 twice, seeing as i had a bigger balance i ignored my stop loss and watched it perform better than i knew it could. Started it this morning and went out for 2hrs, came back and it was at -0.006 ( not bad cos ive seen it recover from this twice, one time was quick the other time took a few thousand spins ), but this time
-0.008.profit 0.00116433
bb 10 satoshis