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RE: Freebitco.in Smart Player Script Working 2017

in #bitcoin8 years ago

So from a quick glance at this it is using the Martingale system which is a betting strategy which doubles the amount risked on a loss in order to theoretically always win; eventually.

However, due to the exponential growth of the risked amount it can very quickly bankrupt the gambler on a run of losses. This is further exacerbated if there is a house edge or cut.

Statistically you can expect a 1% compounding return over time with this strategy with a very large risk that you will lose all of it the longer it goes on.

Use this at your own risk.