What system is mathwise the best?

[DreamStage]

4 hours ago, nhoyasim101 said:

i've seen a lot in twitch streaming stake, using the martingale strat which is provable a math calculation, they have a large of balance like 2btc betting only 10 sats 10% in loss and they have a massive income of 40 to 70$ per day  i think mathematically it is possible. 

which is provable a math calculation? Study more here: https://en.wikipedia.org/wiki/Martingale_(probability_theory)

Well it is possible but in a long run in a dice game you will lose everything

[echang426]

On 6/21/2019 at 4:36 AM, Shaniqua said:

interesting, yeah i was just wondering cause it seems somewhat like a particular number and why this and not that kind a thinf .... 

but i understand more now, so thanks for the reply and i will try it myself and let you know how my experience ends up

Yeah good luck, do let me know how it works out for you if you have a chance to try it out.

On 6/21/2019 at 4:36 AM, Shaniqua said:

interesting, yeah i was just wondering cause it seems somewhat like a particular number and why this and not that kind a thinf .... 

but i understand more now, so thanks for the reply and i will try it myself and let you know how my experience ends up

Yeah good luck, do let me know how it works out for you if you have a chance to try it out.

[Lillyflow]

On 6/21/2019 at 2:03 AM, mit777 said:

I have heard about the Martingale system. This system is generally played with an even money game such as the red/black bet in roulette or the pass/don't pass bet in craps and is known as the Martingale. The idea is that by doubling your bet after a loss, you would always win enough to cover all past losses plus one unit. But, one may also lose double the amounts of money in the hopes of recovering past debts and the debt can go on piling. I too use this strategy in Plinko. I have lost more than I won.

Martingales system would be perfect with 2 crucial elements. First, the player needs an enormous starting bankroll to cover a long streak of double ups that lose ( 20 in a row or more ).  Second the house or casino needs to have a very high limit to make it work. 

This is exactly why house limits were created. Once you hit the maximum and cannot double up on a loss... your basically fucking toast. 

I have seen old dudes on live craps tables win consistently 100-200 bucks daily for years then out of the blue, a day of reckoning comes and for all that time, energy and money .... they would lose 20,000 usd or more in one series of bad losses and could never recover.. 

House limit and limited bank rolls makes martingales a very nice system for the casino owner. 

 

 

[FotisNt]

Well, I dont think that there is a working system, house always wins at the end. So I guess its all about luck or something. We cant calculate or predict something.

[Enzo]

The 'system' I see being the best for betting? Looking at the EV and whether it's positive or negative at that moment in time. 

EV stands for Expected Value and it basically defines whether the investors current profit is negative or positive what it should be for that time frame. I'm not the best at explaining so I won't go to far into detail.

A core principle on which many casinos are based is that the game is trying to balance constantly the RTP and the Investors EV it wont let either stray too far from the expected returns if the investors EV is up then the game will rebalance in the players favour. If the RTP is too high the game rebalances in the Investors favour that for me is a core aspect on which I play, whether its true or not I accept it as true because it helps me win. Players argue over what is true or not true in the way the game operates. For me the only relevant shared truth is did the game take my money or did I take its money.

[htetaungxx]

as for me when u use mathwise i gotta win a moment and lose after that. that's why u need to be good luck and use mathwise is more safe i think. as for me when i using mathwise while i got luck i'm gotta rich and it happen sometimes on me, sry for my bad english guys

[Cath2x]

On 6/21/2019 at 11:22 AM, DreamStage said:

You know that martingale is just used for rushing profit right?

A slow not methodical strategy is rather considered better than martingale because your odds of winning something builds more trust and luck 

I know it is. I agree with slowly but surely is better than martingale. 

[skywallkee]

If you're talking about which system will bring you the most profit, then surely martingale is the best with that. Martingale or any kind of variation of it (1.5x, 5x, etc.). But surely, it will bring you some income now and running it for a few hundred/thousands bets you might encounter a red balance. Martingale is the best system, but it was designed for infinite balance. And as people have limited balance, it won't work no matter what. There will always be one bet that will end up your balance, even if you'd start with 1 satoshi and have 10000 BTC balance. Don't trust me? Try running 0.00000001 DOGE martingale with over 10-100 DOGE coins. You'd surely bust, not in the first bets, that's for sure, but in a few hundreds of thousands you surely will.

If you want a system that will bring you balance but is also safe enough, then you should find a more complex system that is dynamic and will do bets based on probabilities, series, past learning, etc. Maybe with the development of an AI you could try doing a few million bets on stake, the AI will learn the patterns and will bet optimally for you to win as much as possible. But that's just a dream, as it is only luck and random things, it will surely end up busting as well as you would if you'd learn how to bet optimally.

So just don't stick to strategies and systems. Go have fun and bet just for the seek of doing something you feel good about. Don't bet more than you can afford to lose and see profit as a bonus of the joy gambling brings you.

[BLXN]

On 7/5/2019 at 10:06 PM, Lillyflow said:

Martingales system would be perfect with 2 crucial elements. First, the player needs an enormous starting bankroll to cover a long streak of double ups that lose ( 20 in a row or more ).  Second the house or casino needs to have a very high limit to make it work. 

This is exactly why house limits were created. Once you hit the maximum and cannot double up on a loss... your basically fucking toast. 

I have seen old dudes on live craps tables win consistently 100-200 bucks daily for years then out of the blue, a day of reckoning comes and for all that time, energy and money .... they would lose 20,000 usd or more in one series of bad losses and could never recover.. 

House limit and limited bank rolls makes martingales a very nice system for the casino owner. 

 

 

damn.. that's harsh. some days you should just stay home ... shit.. we are home already   when it provides wins, on certain payouts..damn it can be profitable, but some streaks.. ugh.. the money i've lost doubling into that streak.. disgusting. lol

[wry]

Martingale works great until it doesn't.  I can't think of any system that has made casinos more money than martingale.

The good news is that it doesn't matter.  The house edge is listed on every game at Stake.  You should expect to get back (1 - house edge)% of whatever you bet, e.g. the expected value of a bet.  Your EV is ALWAYS negative in a casino game.  So while you can influence your variance you can't alter the EV, so in a fun and yet unsatisfying way it doesn't matter what system you choose.  Choose one that you enjoy.  If you love the YOLO, just YOLO!  If you like martingale, use that, it doesn't much matter over the long run.

One other thing, the EV is fixed mathematically in the game, it does not vary if you are winning or losing.  On sites with public investors I've seen the house be ahead for months and seen it be behind it's EV for months.

Good Luck, have fun! 

[Usukinato]

I used to use the statistics algorithm in Dice to calculate my losestrack calculation, and everything was quite difficult. Because the rate it calculates is usually lower than 10-20% the number of red ranges may appear. I think that everything can't bring out the most accurate results.

[Raffe1324]

for me its doing like 0.0005 bet when u have like 0.02 eth and if u lose just 2x it and 2x untill u win, or other strategy is bet on dice with like 0.0000001 if it hits like 3 in row red u go bet 0.005 on 2x and most of the time win but if u lose just do 2x it and u should 90% win  but if lose again then.... gg ur money haha

[hydray]

I use martingual. It already make me win a lot but also lose

[8xFTW]

I tried it, busted. Tried it again, went good for some time, but in the end I busted again. Its always gonna be like that I suppose