Quote from: imstillthebest on September 30, 2020, 09:32:20 AM

Quote from: adzino on September 30, 2020, 07:46:09 AM

Quote from: iv4n on September 25, 2020, 05:38:28 PM

19 reds at x1.5 is crazy! My maximum red streak at x1.5 is 13, maybe 14, I am not totally sure, and it was a long time ago, you don't see so long losing streak so often at x1.5 --snip-

It is not crazy at all. I have seen people having even crazier red streak (and even better green streak) when gambling with 1.5x payout. It is just that rng isn't favoring you. People tend to think the more reds they start getting, the better the chance of not hitting a red on the next bet. This isn't true. You might even see a 100x red in a row (but extremely likely to happen) since all bets are an independent event. The next bet no way depends on your previous bet and has the same chance of winning or losing.
Due this sort of believes, people tend to keep on increasing bet size amount after a loss thinking that they next bet has higher chance of winning.

and thats how martingale method was born . instead of doing manual increase they formulate a method to automate the process with course help of a bot or an automatic betting feature of a gambling site

. martingale is still in demand because there are still people that believes on this misconception . its sad to hit a lot of red streaks but if the green streak occur , this also gives us a special feeling but the rate for it to occur is not high as reds because you know its a business .

No bot would work out and this had been known since from the start that no strategy would work and even with that common martingale strategy that we all know.

1.5x on 210% increase? that's quite too much even if you do bet up 2 sats minimum then you would really bust up when losing streak hits you.So far I do make martingale on

100 sats base bet and with some significant bankroll but when 23 reds strikes then it do blown my capital into thin air. Streaks will vary on how big your bankroll is

and even on using DOGE this would be in similar case.