Post
Topic
Board Gambling discussion
Re: What has been your longest streak of dice losses using martingale ..?
by
Mahdirakib
on 31/01/2021, 18:36:07 UTC
I’m just trying to collect some data, also I guess this post will be useful for the rest of the forum users.
In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.
Greetings
32 times ? ~
That must have been terrible ! So even if you started with 1 and used a martingale of 2x on lose your total loss would have been around 30 - 60 BTC
That's some insane amount. And you would have got just 1 satoshi if you would win on 32x streak. That's just absolute craziness. ~
Looks like it's impossible but anything can happen in gambling, specially in dice game. Freebitco have 5% house edge. OP said, he was playing at 3× payout with 61.8% increase on loss. If you start with 1 sats base bet and continuosly increase your bet 61.8% after each loss then 32 reds will cost around 0.09 btc. I have faced 14-18 red streak at 3× payout few many times where the house edge was 1%. So I believe it's not impossible to get 32 reds in a row at 5% HE in 3× payout. Though it's totally unexpected and rarely happens.