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The peril of the betting cable method.

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Post time 13-9-2023 17:52:23 | Show all posts |Read mode
Edited by Niti998 at 25-12-2023 12:02 PM

The allure of DB lies in the fact that there are wins and losses. For winners, it's an exhilarating experience to turn their luck around overnight.

Even if you lose once, there's a way to get back in the game by continuously doubling your bets to ensure a profit.

It's like fortune is in the hands of fate. So, I assumed a 1:1 payout and did some calculations.

Some fundamental facts:

1. Independence: Each DB is an independent event, and winning or losing this time has no bearing on the next.

2. Law of Large Numbers doesn't apply: The more times you flip a coin, the closer the number of heads and tails becomes. However, it takes thousands or even millions of trials for this to hold true.

Some basic methods:

1. Martingale: Double your bet after each loss. For example, if you lose 1000 in the first round, bet 2000 next time to potentially make a 1000 profit, and so on.

Some psychological patterns:

1. Winning Streak: When you're on a winning streak, you might start feeling that a loss is imminent. Your confidence decreases, and you may reduce your bets gradually.

2. Losing Streak: Conversely, during a losing streak, you might start believing that a win is just around the corner. Your confidence increases, and you might keep doubling your bets.

It's evident that, despite both scenarios being equally probable (six consecutive wins or losses), the profits and losses are dramatically different. Moreover, the sixth bet of 32,000 only yields a profit of 1000, compared to the initial 32,000.
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Post time 14-9-2023 05:49:50 | Show all posts
The risk associated with this looks quite significant as well.
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Post time 14-9-2023 08:55:43 | Show all posts
Upon seeing this method, I'm definitely paying close attention to it.
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