Re: Should I try to win back my loss?

Quote from: stephanirain on November 21, 2017, 01:23:08 PM

Quote from: iluvbitcoins on October 18, 2017, 12:18:03 PM

I have around 500 000 bets placed on FJ
It was a matter of time when this would happen ( placed a lot of bets on not Martingale, so it already happened a lot of times, just not with Martingale)

I got 16 losses in a row
Starting with bet 0.000001BTC
And last bet was 0.03BTC
Counting a 0.06BTC loss total

Now, my question is, should I try to win it back?

I have a total bank of around 1.6BTC on my disposal

Odds of me losing those 16 bets in a row were 0.00179%
Somewhere around 1 to 60 000

Now, if I place a 0.06BTC there's a 50.5% chance I'll lose
If I lose, I place a 0.12BTC bet, 0.505*0.505= 25.5% chance I'll lose
If I lose, I place a 0.24BTC bet, 0,255025*0,505= 12.88% chance
If I lose, I place a 0.48BTC bet, 0,128787625*0,505= 6.5% chance I'll lose

If I lose, I have a total loss of 0.48+0.24+0.12+0.06 (+0.03) = 0.9BTC (+0.03)

Is it worth it?
Should I cut my losses o.o

Odds of me losing 20 bets in a row should be 1 : 860 000
Which, with me having 500k bets, doesn't sound very good

I think you should stop playing gambling just for a while because i think you just lost your luck, just try to win back your loss by investing again in bitcoin for you not to get bankrupt. Then if you have already the money try to win again in gambling.

Good suggestion but I think he will not stop. Look at how many bets he placed on FJ its 5L. Maybe he is expert in gambling and he knows how to get back his lost in gambling. According to my guessing, he won't give up.