1. You need to have at least 500 coins (Since 5 is the minimum betting amount)
2. You need to parcel your betting amounts so that even if you lose you can continue betting for at least 100 consecutive losing hands
3. The odds of you losing 100 times in a row is pretty low
4. Do not increase decrease your quanta of goomble at any point within a goomble session. The house is betting on you to do so.
5. Once you get from say 500 to 700 coins. Increase your quanta to 7
6. Keep counting how many times you have lost. Lost 5 coins. Increase counter by 1.
7. Let's say you have lost 7 times in a row. So your counter is at 7. You win 20 coins (quanta is 5). Decrease counter to 3 again.
8. Stop goombling the moment you cross from 0 to positive counter. You can't win with the house. The only way you can win is coming back with a bigger quanta after a period of time.
9. You won't win every time and this is the most important point. Set limits to losses. Biases and frustration will set in when your counter is at let's say 65. You will want to goomble the remaining of your coins in a blaze of glory. If you set your limit that when the counter reaches +30 (you have lost 30Xquanta) you're willing to stop when that counter reaches +5 (accepting a loss instead of frick it we ball). When it reaches +60, your stopping point is +10. This makes you see goombling rationally instead of making a profit every time.
10. Keep Calm.
!math idk if there's any mathshit explanation for this but it has served me pretty well. I was at -10k+. Over the last 3 days I have made back like 7k
Jump in the discussion.
No email address required.
dramatard discovers the martingale system
Jump in the discussion.
No email address required.
Martingale is basically what I've been doing and I am fricking amazed I've made it as far as I have. There's been more than one time I've been extremely close to getting fricking rekt and had like 100k riding on a 1k gain. I'm trying to avoid relying on it but losing even one hand pisses me off too much
Jump in the discussion.
No email address required.
More options
Context
Isn't the martingale to increase your bet quanta every single time?
What I'm describing is more like the Vasicek model where if you follow any particular strategy you'll end up gravitating towards the mean winnings of the average dramatard (which is probably zero anyway) with some volatility ie mean reversal. The rate at which that mean reversal occurs is called a wiener (lol) or something.
However my belief is that 1. You can capture that Volatility (alpha in fin terms) with some easy to follow rules and because the chadmins would have to increase the winning probabilities if enough dramatards goomble and lose everything because there is not enough coins in circulation (inflationary money supply yada yada
@FrozenChosen as a site admin and an econ grad from one of the most prestigious fin schools of the world plz flex your knowledge here)
2. I mean yes if you play for a long long time you will revert back to zero winnings. Who's going to play for a long long time
Jump in the discussion.
No email address required.
More options
Context
More options
Context