So what I did was.. I wanted to test out the technique some may know (1-2-4-8...) for those that don't know, if you take those numbers multiply them by any amount..
For example:
I started with 8m, so I multiplied each by 1m. so if I plug it in 1m-2m-4m-8m...
now to ensure I don't lose anything.. unless of course I'm very unlucky if I win a 1m wager I don't go higher, rather I go to back to my initial amount of 1m. now say I lose this time I double it.. so now I do 2m, and if I win back to 1m, if not up to 4.
Logic of this Method:
If I were to win a 1m wager, I'd have an 800k profit gain (hosts get their 10% commission). Now if I were do lose I'd have a 1m loss so now I go to 2m, if I win I'd have a 1600k gain, so from that 1m I previously lost, I'd be up 600k! now if I lose.. I'd do a 4m
keeping in mind I've lost 1m + 2m = 3m.. if I were to win a 4m, I'd get 3200k profit, subtract the 3m, you're still up 200k.
So in the long run it's very effective, just takes patience, also dicing is no fun with out a few big wagers, so yeah take that risk as well, but this is for those who are patient and tired of losing money.
On the following table the initial amount includes the the amount from the previous bets as well, the *(insert amt.)* is the amount bet during that trial.
A table of the values.
Initial Amount | Commission(10%) | Profit
1M |200k (2M pot)| 800k
1M + *2M* |400k (4M pot)| 600k
1M + 2M + *4M* |800k (8M pot)| 200k
1M + 2M + 4M + *8M* |1600k (16M pot)| -400k (fourth loss is very unlikely, possible yes, but here's where it
goes downhill)
Take care,
Host Phd.
Last edited by Host Phd on 2011-07-06, 23:15; edited 2 times in total (Reason for editing : Lacked table of values)