Quote from: bettingscores on December 01, 2017, 10:09:58 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

Nope stop betting, the way you are trying to earn money is not profitable, change the game or the way you are doing it.
Hope you could check any group for betting tips.

As well martingale is not a way to bet if you have so many bets placed there.
It will never gain you profit as the odds are stacked against you and are in the houses favor.

You will not or ever profit doing this method.
As the user here suggested to you, try a different approach or go to a different site if this one is making you lose so much in the long run of all your betting with them.
Move on is the best advice and not to try to win it back at the same place.
You will continue to lose and dig yourself deeper and deeper into debt with them.