xvids 5 #1 Posted June 4, 2019 I am just curious I know that this strategy has been around for so long and the house would surely burn you out, So my question is how much was your biggest profit from martingale strategy? For me it was around 0.001BTC since it all came from faucet and tried to gamble using martingale strategy. 1 Noeprellik1 reacted to this Quote Share this post Link to post Share on other sites
JstLikeMagyk 157 #2 Posted June 4, 2019 I've won as much as 0.4 btc using martingale and lost 0.67 It's dangerous but can be worth it if you catch a great green streak instead of a red one 😛 Quote Share this post Link to post Share on other sites
sheenaz.bay 443 #3 Posted June 4, 2019 I've used the martingale strategy. but, I don't have enough courage. I play only for a while. and I have never felt the big profit from this strategy 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
williamsh 365 #4 Posted June 4, 2019 I think my biggest profit was about 600k satoshis from using martingale, but as always, I busted because I tried to use it over the long run. So yeah, martingale can work in the short run, but it will cause you to bust in the long run. 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
misamo 50 #5 Posted June 4, 2019 I made a profit of more or less 0.15 Ethereum out of the 0.01 balance I have. This is the most memorable thing I remember about my martingale betting because this was made by setting the wrong base bet value. Good thing it turns out well that time. 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
JstLikeMagyk 157 #6 Posted June 4, 2019 On 04/06/2019 at 19:43, misamo said: I made a profit of more or less 0.15 Ethereum out of the 0.01 balance I have. This is the most memorable thing I remember about my martingale betting because this was made by setting the wrong base bet value. Good thing it turns out well that time. That's pretty lucky but I wouldn't recommend trying it too many times 😛 Quote Share this post Link to post Share on other sites
xvids 5 #7 Posted June 4, 2019 1 hour ago, misamo said: I made a profit of more or less 0.15 Ethereum out of the 0.01 balance I have. This is the most memorable thing I remember about my martingale betting because this was made by setting the wrong base bet value. Good thing it turns out well that time. That was a nice profit out of your capital. At least you manage to get 14× of your capital that is one of the biggest that I know from martingale. But I think it would be really hard to do it this days. Quote Share this post Link to post Share on other sites
AHCareP 68 #8 Posted June 4, 2019 Previously, when the faucet was 300 satosh, stupidly at 2x with max bets brought the balance to ~ 100k satosh After playing martingale with a preroll in 3-5 bets, and with a bet of 2k satos. The total profit was the minimum withdrawal of that time, if I'm not mistaken, 400k satosh) Then after many bust,I didn’t have a desire to play Martingale strategies, but played in the most poor years on PD) Quote Share this post Link to post Share on other sites
rembo2 270 #9 Posted June 4, 2019 According to the martingale strategy, I won 0.005btc. But this strategy does not work for a long time or works with a huge balance. 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
xvids 5 #10 Posted June 4, 2019 1 hour ago, rembo2 said: According to the martingale strategy, I won 0.005btc. But this strategy does not work for a long time or works with a huge balance. Nope no matter how big your capital is if you over use the martingale it would end up draining your wallet. It only works for a short time so don't over use it. Quote Share this post Link to post Share on other sites
misamo 50 #11 Posted June 4, 2019 3 hours ago, JstLikeMagyk said: That's pretty lucky but I wouldn't recommend trying it too many times 😛 Yes good thing luck is on my side that time. I am not doing martingale anymore. 2 hours ago, xvids said: That was a nice profit out of your capital. At least you manage to get 14× of your capital that is one of the biggest that I know from martingale. But I think it would be really hard to do it this days. The plan that time was I will do 10 bets on 16x multiplier with 100% increase on loss with 0.00000128 as base bet on auto roll. But before I started betting, I clicked and clicked at 2x to measure how far will the basebet go when I get straight 10 reds and I got 0.00131072. The time where the mistake happen is when I started auto roll but not setting the base bet back to 0.00000128, so it started with 0.00131072 as base bet. I hit 3 out of 7 bets with green and that's where I got the profit. Quote Share this post Link to post Share on other sites
xvids 5 #12 Posted June 4, 2019 4 hours ago, misamo said: Yes good thing luck is on my side that time. I am not doing martingale anymore. The plan that time was I will do 10 bets on 16x multiplier with 100% increase on loss with 0.00000128 as base bet on auto roll. But before I started betting, I clicked and clicked at 2x to measure how far will the basebet go when I get straight 10 reds and I got 0.00131072. The time where the mistake happen is when I started auto roll but not setting the base bet back to 0.00000128, so it started with 0.00131072 as base bet. I hit 3 out of 7 bets with green and that's where I got the profit. So basically it was just a sweet error . A mistake that gives you profit what a lucky player, Well not everyone have the same experience only few have experience those sweet mistakes. 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
UltraChief 1,489 #13 Posted June 4, 2019 16 hours ago, xvids said: So my question is how much was your biggest profit from martingale strategy? I am sure everyone tried the age-old martingale strategy once a while but all ended up learning one thing that the casino having a house edge will be the winner in the long run. One needs to stop to prevent the busting. 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
777seven777 25 #14 Posted June 4, 2019 Only one time I rich 0.001 btc on thise strategy, maybe if you have good seed, thise work, but risk, I better play manual without double every losses bet. 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
luckygirl 4 #15 Posted June 5, 2019 its dosenot matter we should have luck for winnning nothing more 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
Kate 281 #16 Posted June 5, 2019 The thing is martingale will only work on good games not on dice because it is a very weird game to use this particular strategy on in my mind and it requires patience too which is hard to have . 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
sheenaz.bay 443 #17 Posted June 5, 2019 Martingale is a probability management theory that allows the equality of values in a given time with the previous period using the multiplication principle. Martingale strategy is a strategy to get profit while closing the total loss from the previous transaction through capital multiplication. Therefore, when using the risk martingale strategy the next transaction always increases with increasing losses. martingale strategy is not only used in gambling, in the world of trading, you can also use the martingale strategy 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
xvids 5 #18 Posted June 5, 2019 1 hour ago, Kate said: The thing is martingale will only work on good games not on dice because it is a very weird game to use this particular strategy on in my mind and it requires patience too which is hard to have . Well it also works on dice but the problem is the house once the house detects it you would surely lose. The martingale strategy would only be effective on a short period of time. When you use it for a long time no matter how big your capital is it would be burn out. 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
cryptomonkey 7 #19 Posted June 5, 2019 is DEATH to balance! when you hear dice strategy based on martigale - RUN! Quote Share this post Link to post Share on other sites
duggerd 3 #20 Posted June 6, 2019 I also used martingale but I was afraid of losing money so I only took a little profit that I stopped. 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
xvids 5 #21 Posted June 7, 2019 On 06/06/2019 at 05:35, cryptomonkey said: is DEATH to balance! when you hear dice strategy based on martigale - RUN! I think it all depends on the gambler there are some who still makes profit out of martingale. If a gambler couldn't control it then martingale would only burn out the gamblers balance for sure. That is why as a gambler we should know our limits and when to stop. 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
Bimfo 158 #22 Posted June 8, 2019 Thank goodness you know that margintale is a very stupid way to gamble. I think I margintaled from 1.6LTC to 1.73LTC, which still busted at the long run. Margintale makes you comfortable and fuck you up. 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites
MrNice23 446 #23 Posted June 8, 2019 Martingale is so called "Martinfail" for a reason, in the long run you will bust eventually, faster than you can imagine .. 1 cryptomonkey reacted to this Quote Share this post Link to post Share on other sites