how_to_win is a crypto gambling blog that features exclusive interviews - creative strategies - and much more. All tests and interviews are original content.
To read up on previous pieces visit the following links:
https://www.publish0x.com/how-to-win
https://www.publish0x.com/how-to-win/how-to-gamble-for-a-living-one-pros-method-xxwxrkx
https://www.publish0x.com/how-to-win/how-to-gamble-for-a-living-the-keno-board-xlykvry
https://www.publish0x.com/how-to-win/how-to-gamble-for-a-living-part-1-xvwxwne
On this blog I have emphasised repeatedly that no one method holds up indefinitely on auto-betting. That goes for manual betting too but auto-betting is wildly popular for those who like to aim for high multipliers by increasing/decreasing bets automatically. The theory behind this conclusion, and keep in mind that gravity is "just a theory", is that the house edge kills any chance you have of making consistent profit.
However that doesn't seem to be true. I decided to once again run a method that one of my interview subjects had told me to try a long time ago.
This method is a Limbo auto-betting strategy. It's similar to the one I tried out in my interview with Louis "The Analytical".
If you're unfamiliar with Limbo I recommend giving it a read. I won't bore regular readers by recycling content too much, even if it is my own.
Louis' method is essentially a modified martingale. A complex version of betting on a 2x payout and doubling your bet on a loss, Lou's method of increasing your bet by 4% on a loss while aiming for a multiplier of 30x is one that aims to capitalise on early hits whilst adding a very small amount of extra profit potential to the bet. More on this in a second.
A martingale style betting strategy that aims to make up for all previous losses can be spun several ways. If you bet 1$ with 1000$ in your pocket when betting on x2 - a series of losses would look like this on a classic martingale.
1$ -LOSE
2$- LOSE
4$- LOSE
8$- LOSE
16$- LOSE
32$- LOSE
64$ - LOSE
128$ -LOSE
256$ - LOSE
You've lost 511$ trying to make 1$, and now all the rest of your money, still more than you've just bet trying to make a 1$ profit, is not even enough to recover your losses. Now the probability of having that many losses in a row with near 50-50 odds seems unlikely and it is, but if you've got 1000$ to play with it's a safe assumption that you're looking to make more than just a single dollar, and hence would repeat this sequence a number of times, thus hugely increasing the odds of flatlining.
Let's say however that you choose to go with a 2.5x payout. Your odds on dice are now 39.6%. Let's first pretend that the simple martingale held up for a while.
1$ -LOSE
2$- LOSE
4$- LOSE
8$- LOSE
16$- WIN 32$
32 - 16 - 8 - 4 -2 -1= 1$
Is betting 16$ justifiable in an attempt to profit only 1$? Well maybe yes if you've already started the sequence. But if someone asked you beforehand what your decision would be you'd probably shy away. Or hell, bet the whole 16$ off the bat.
Let's run that same sequence but at 2.5x with a 39.6% chance of winning.
1$ -LOSE
2$- LOSE
4$- LOSE
8$- LOSE
16$- 2.5x WIN = 40$
40 - 16 - 8 - 4 -2 -1= 9$
There you have it. Look at it even just with 2.2x and 45% odds.
1$ -LOSE
2$- LOSE
4$- LOSE
8$- LOSE
16$- 2.2x WIN = 34.2$
34.2$ - 16 - 8 - 4 -2 -1= 3.2$
Now this raises the risks, but at what point are you going to be happy with how much you've made? If you're not in some way increasing your reward as you increase your risk, you're playing a sucker's game.
Increasing your bet by 4% on a loss while aiming for a multiplier of 30x.
Let's run the same sequence but instead of me crunching numbers I'll demonstrate via the first time it hits on a stats chart.
Again- I'm using negligible numbers to run these tests but these methodologies will run exactly the same way when upscaled. The chart demonstrates a well calculated way to micro wager semi-safely and make slow but consistent profit. Each missed bet will be made up for on the hit- plus the original wager and a little bit extra for every miss.
Now Louis' method got a high score on my review but there's one method that does a little bit better. Ironically it's very similar.
The method I'm referring to is one that I've never seen crash and burn. It's both a higher risk and lower risk method balled into one - in the sense that the chosen odds are riskier - but at the same time it's comparatively faster profit making ability allows one to hang back another - or even a couple more - decimals.
Let's get something straight. I am not claiming to have found an unlimited profit machine. Just a method that - seemingly- never fails. I have concluded the fact that it should never fail by observing it overnight on one occasion and by occasionally just letting it run to see if it ever will fail.
So the method is the following auto-betting commands. Set your payout on Limbo to x35. Set your increase on loss to 5%. Without boring you with more figures I'll simply point out that compared to Louis' method - this one is riskier. But it's also faster when it holds up. The difference between this method and that one are the same differences between the 2x and 2.2x and 2.5x examples above. A simple question of where do you want your risk and how large do you want your bet.
Let's take a breath and run the method. The last key factor here is to start at absolute minimum bet with a large bankroll. That's what's kept the method afloat for me with the title of the method that never fails. Let's look at some graphs to see what the method looks like in action.
That's after +- 22000 bets.
That's after more than 23 thousand bets.
Now a setup like this would work the same - just slower - if I was using a safer method. But after trying many variations this is the one that endlessly keeps it's head above water without crashing - yet still profiting at a much higher rate than other safer variations. It successfully makes up for past losses not only - but it also adds just enough to the payout to make those steep and long red streaks that pop up worth hanging on for.
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It has to land on something.
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