Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Apex Great Gambling Method?
#1
The Martingale Method.

Basically you chose an initial bet and every loss you double your bet and once you win you go back to your original bet.

I've been researching this and have been wondering that would this be a good method to make money? It seems somewhat fool proof as long as you have the money to do so. From my research if you had $160 and started your initial bet at $5 you would have to lose 6 times in order to lose all of your money and you only have a 0.78% chance to lose 6 times in a row in a game like coinflip or betting red or black in roulette.

Has anyone used a method similar to this?

If you have. Has it worked? 

I've tried it a few times and its worked quite well for me only making like $20 or so as I used the $5 initial bet and am hesitant to start with a high bet.
[Image: Rg8syJl.png]
kik: illegal
#2
It definitely works hence why Casino’s have a max bet at the tables, to prevent this.

If you can do it, do it.
#3
(10-17-2017, 12:57 PM)Zeus Wrote: It definitely works hence why Casino’s have a max bet at the tables, to prevent this.

If you can do it, do it.

I was looking more in terms of bitcoin gambling where they don't have a maximum bet if I am right.
[Image: Rg8syJl.png]
kik: illegal
#4
(10-17-2017, 12:59 PM)Awhile Wrote: I was looking more in terms of bitcoin gambling where they don't have a maximum bet if I am right.

It would work but the profit margins aren’t huge. But still profit I guess.
#5
(10-17-2017, 01:03 PM)Zeus Wrote: It would work but the profit margins aren’t huge. But still profit I guess.
Yea I mean it I broke it down into $ per hour and it came out to like $50 an hour then it would be way better than slaving away at a minimum wage job working $11 per hour.

Also I was thinking, at casinos there are usually higher stakes tables, so as soon as you reach the max bet you just go to the other table.
[Image: Rg8syJl.png]
kik: illegal
#6
Well, the Martingale Method does work in theory, but in reality the reason it doesn't work is because the odds don't stack. If you lose 5 in a row, the chance to lose the 6th one isn't 0.78, it's whatever the odds are at the game, so if it's a coinflip you always have a 50% chance to lose. I could flip 1000 heads, and the next flip is still 50/50. The main 2 problems with martingale are as follows, 1) Unlimited bankroll, Martingale could only work in theory if you have infinite money to gamble with, and 2) Martingale isn't practical because if you're doubling every time, you can get up to lets say a 200 dollar bet, and if you win the 200 dollar bet you're only winning whatever you started with, so lets say you start with 5 and double every time, the risk becomes worth more than the reward. The only real way to make money is legitimately at a job, or getting lucky. There is no foolproof "method" or else casinos would be out of business.
#7
(10-17-2017, 01:23 PM)Brooks Wrote: Well, the Martingale Method does work in theory, but in reality the reason it doesn't work is because the odds don't stack. If you lose 5 in a row, the chance to lose the 6th one isn't 0.78, it's whatever the odds are at the game, so if it's a coinflip you always have a 50% chance to lose. I could flip 1000 heads, and the next flip is still 50/50. The main 2 problems with martingale are as follows, 1) Unlimited bankroll, Martingale could only work in theory if you have infinite money to gamble with, and 2) Martingale isn't practical because if you're doubling every time, you can get up to lets say a 200 dollar bet, and if you win the 200 dollar bet you're only winning whatever you started with, so lets say you start with 5 and double every time, the risk becomes worth more than the reward. The only real way to make money is legitimately at a job, or getting lucky. There is no foolproof "method" or else casinos would be out of business.
I get where you are coming from, but I don't believe the part you said about it always being 50/50. Yes every coinflip is going to be 50/50 but losing 6 times in a row will give you that % I stated because the odds of losing 6 times in a row on 50/50 coinflips is not 50%
[Image: Rg8syJl.png]
kik: illegal
#8
Earn easy money at bustabits.
#9
It's all about good profit margins.
[Image: QnlYo3G.gif]
#10
Hmmm. Looks great and promising for you. But personally, I can't stand betting. It wants an endless string of time in order to provide the same chances for winning money. Here's my pick https://syndicate.casino




Users browsing this thread: 1 Guest(s)