Martingale Challenge

Don't chase your losses, it doesn't work. You will eventually bust your bank.
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kahin
Posts: 46
Joined: Sun Apr 04, 2021 11:05 am

agog wrote:
Mon Sep 27, 2021 12:28 pm
I am interested as to your initial stake size and the size of your bank....

If every bet you place is at Evens and you only wish to make a £2 profit once one bet wins, then your 10th bet in a losing sequence would be £1024 (I might be out with that calculation but you get the idea). Anyone who thinks a sequence of 10 losing even-money bets doesn't occur is sorely mistaken.

You would therefore need a comparatively massive bank just for a £2 per sequence profit and there's no guarantee you can get your bets on when the stakes are increased dramatically.

Do not proceed with this venture. Even if you make a small profit, it would only be through sheer luck.
changing algorithm matches between 3 and 4.5 percentage
profit rate between 100% and 140%
not 1.90 or 2 odds like classic roulette
There will be 2 odds and you will win the starting amount
they already know these simple things on this forum
agog
Posts: 55
Joined: Tue Aug 29, 2017 3:55 pm

kahin wrote:
Mon Sep 27, 2021 12:44 pm
agog wrote:
Mon Sep 27, 2021 12:28 pm
I am interested as to your initial stake size and the size of your bank....

If every bet you place is at Evens and you only wish to make a £2 profit once one bet wins, then your 10th bet in a losing sequence would be £1024 (I might be out with that calculation but you get the idea). Anyone who thinks a sequence of 10 losing even-money bets doesn't occur is sorely mistaken.

You would therefore need a comparatively massive bank just for a £2 per sequence profit and there's no guarantee you can get your bets on when the stakes are increased dramatically.

Do not proceed with this venture. Even if you make a small profit, it would only be through sheer luck.
changing algorithm matches between 3 and 4.5 percentage
profit rate between 100% and 140%
not 1.90 or 2 odds like classic roulette
There will be 2 odds and you will win the starting amount
they already know these simple things on this forum
Many thanks for pointing out that I don't know the 'simple things' that others do on this forum. I was actually trying to help with a simple example of how a martingale, in its most basic form, is non-viable.

Apologies - I now realise you are beyond help.....
weemac
Posts: 1240
Joined: Mon Sep 16, 2013 8:16 pm

kahin wrote:
Mon Sep 27, 2021 12:38 pm
my purpose is to share the algorithm
and make a profit
[/quote]

You mean other people take the pain and you take the money?

I'm out.
User avatar
decomez6
Posts: 685
Joined: Mon Oct 07, 2019 5:26 pm

kahin wrote:
Mon Sep 27, 2021 12:38 pm
my purpose is to share the algorithm
and make a profit
not a bad idea to keep the algorithm and keep all the profit .

devils is in the details.gif
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kahin
Posts: 46
Joined: Sun Apr 04, 2021 11:05 am

agog wrote:
Mon Sep 27, 2021 12:51 pm
kahin wrote:
Mon Sep 27, 2021 12:44 pm
agog wrote:
Mon Sep 27, 2021 12:28 pm
I am interested as to your initial stake size and the size of your bank....

If every bet you place is at Evens and you only wish to make a £2 profit once one bet wins, then your 10th bet in a losing sequence would be £1024 (I might be out with that calculation but you get the idea). Anyone who thinks a sequence of 10 losing even-money bets doesn't occur is sorely mistaken.

You would therefore need a comparatively massive bank just for a £2 per sequence profit and there's no guarantee you can get your bets on when the stakes are increased dramatically.

Do not proceed with this venture. Even if you make a small profit, it would only be through sheer luck.
changing algorithm matches between 3 and 4.5 percentage
profit rate between 100% and 140%
not 1.90 or 2 odds like classic roulette
There will be 2 odds and you will win the starting amount
they already know these simple things on this forum
Many thanks for pointing out that I don't know the 'simple things' that others do on this forum. I was actually trying to help with a simple example of how a martingale, in its most basic form, is non-viable.

Apologies - I now realise you are beyond help.....
I'm just talking about the forum's effective connection with betting
I don't have any negative thoughts towards you
kahin
Posts: 46
Joined: Sun Apr 04, 2021 11:05 am

weemac wrote:
Mon Sep 27, 2021 12:55 pm
kahin wrote:
Mon Sep 27, 2021 12:38 pm
my purpose is to share the algorithm
and make a profit
You mean other people take the pain and you take the money?

I'm out.
[/quote]

I don't want anyone to suffer
I just want to share and promote and see comments
kahin
Posts: 46
Joined: Sun Apr 04, 2021 11:05 am

decomez6 wrote:
Mon Sep 27, 2021 1:06 pm
kahin wrote:
Mon Sep 27, 2021 12:38 pm
my purpose is to share the algorithm
and make a profit
not a bad idea to keep the algorithm and keep all the profit .


devils is in the details.gif
My aim is to make profit constantly.
I'm thinking of strengthening it with the Fibonacci number system
User avatar
ODPaul82
Posts: 689
Joined: Sun May 08, 2011 6:32 am
Location: Digswell Herts

Your last 8 you shared, none of them won.
Please can you stop attempting to encourage people to do anything with a martingale approach, algo based or not.
User avatar
Kai
Posts: 6228
Joined: Tue Jan 20, 2015 12:21 pm

kahin wrote:
Mon Sep 27, 2021 1:39 pm
I'm just talking about the forum's effective connection with betting
But are you aware that this is a Betfair trading forum? Are you familiar with the concept of betting exchanges and sports trading? Bet Angel is trading software that most people use here.
kahin
Posts: 46
Joined: Sun Apr 04, 2021 11:05 am

ODPaul82 wrote:
Mon Sep 27, 2021 1:46 pm
Your last 8 you shared, none of them won.
Please can you stop attempting to encourage people to do anything with a martingale approach, algo based or not.
I am not forcing anyone to do anything.
If the topic does not interest you
you don't care, it ends
kahin
Posts: 46
Joined: Sun Apr 04, 2021 11:05 am

Kai wrote:
Mon Sep 27, 2021 2:05 pm
kahin wrote:
Mon Sep 27, 2021 1:39 pm
I'm just talking about the forum's effective connection with betting
But are you aware that this is a Betfair trading forum? Are you familiar with the concept of betting exchanges and sports trading? Bet Angel is trading software that most people use here.
yes ı know
The main purpose of betting is to make a profit.
and with a different perspective and method
i want to achieve this
User avatar
Kai
Posts: 6228
Joined: Tue Jan 20, 2015 12:21 pm

Just saying it's going to be hard to sell your betting concepts here :)
User avatar
wearthefoxhat
Posts: 3221
Joined: Sun Feb 18, 2018 9:55 am

kahin wrote:
Mon Sep 27, 2021 2:10 pm
Kai wrote:
Mon Sep 27, 2021 2:05 pm
kahin wrote:
Mon Sep 27, 2021 1:39 pm
I'm just talking about the forum's effective connection with betting
But are you aware that this is a Betfair trading forum? Are you familiar with the concept of betting exchanges and sports trading? Bet Angel is trading software that most people use here.
yes ı know
The main purpose of betting is to make a profit.
and with a different perspective and method
i want to achieve this
You're posting style is similar to someone known to the forum. Are you Kahin Berry?
kahin
Posts: 46
Joined: Sun Apr 04, 2021 11:05 am

wearthefoxhat wrote:
Mon Sep 27, 2021 2:20 pm
kahin wrote:
Mon Sep 27, 2021 2:10 pm
Kai wrote:
Mon Sep 27, 2021 2:05 pm


But are you aware that this is a Betfair trading forum? Are you familiar with the concept of betting exchanges and sports trading? Bet Angel is trading software that most people use here.
yes ı know
The main purpose of betting is to make a profit.
and with a different perspective and method
i want to achieve this
You're posting style is similar to someone known to the forum. Are you Kahin Berry?
No I am not wearthefoxhat
kahin
Posts: 46
Joined: Sun Apr 04, 2021 11:05 am

Kai wrote:
Mon Sep 27, 2021 2:11 pm
Just saying it's going to be hard to sell your betting concepts here :)
I'm not trying to sell anything
I don't need any extra money
my professional income is enough for me
I just want to share in a respectful way
Kai
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