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Martingale Strategy....

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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.

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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.

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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 😛

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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.

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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)

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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.

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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. :D

 

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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. :D

 

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.

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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.

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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

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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.

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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.

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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.

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