Post
Topic
Board Gambling
Re: Primedice | The Most Popular Bitcoin Game | 1% Edge | Active Chat | Free BTC
by
Josepht
on 15/12/2014, 13:35:42 UTC
Every time losing with Martingale I blame myself and promise never use it again.
But...
Smiley
Martingale is a poison.

Someone cares to explain what even that martingale is?


example :
You're betting BTC0.0012 -> lose
You're betting BTC0.0024 -> lose
You're betting BTC0.0048 -> lose
You're betting BTC0.0096 -> lose
You're betting BTC0.0192 -> you won

this is how the martiangle works
and you get 0.0012 profit because of this martiangle

Try playing that way and roll just 100 times or even 50, you will eventually lose.

I don't think you'll lose if you roll only 50 or 100 times.
Of course it depends on your bankroll, but I think someone playing martingale should be able to cover 10 losses. The chance of that happening is 1 in 1024.

I do agree with you that you will lose eventually. I just think it's not likely to happen within 50 or 100 rolls.