FreeBitcoin multiply strategy: a comprehensive guide to the Martingale system for success
In the world of cryptocurrency, FreeBitcoin has emerged as a popular platform for individuals to earn free Bitcoins through various activities. It’s one of the oldest and most trustworthy faucets out there.
I have personally engaged with this platform for an extended period, as have numerous others preceding me, affirming its safety and long-term stability.
Beyond the allure of the FreeBitcoin faucet, what attracts users to this platform?
FreeBitcoin offers numerous captivating features, among which the Multiply game stands out prominently.
With the help of this game, users can increase their earnings by participating in a straightforward Hi-Lo dice game, where bets are placed to multiply their existing funds.
In this article, we will delve into the Multiply strategy and explore the Martingale system as a potential approach to gain extra satoshis.
Understanding the Martingale System itself
The Martingale system is a popular betting strategy that originated in 18th-century France and gained popularity among gamblers. It is a progressive betting technique that suggests doubling your bet after every loss to recover previous losses and make a profit.
The core concept behind the Martingale system is that a win will eventually occur, and when it does, it will offset the previous losses.
Here’s a basic example of it in the FreeBitcoin Hi-Lo game:
- You start by placing a bet of 1 satoshi and roll either the “Hi” or “Lo” number.
- If you win, you collect your winnings and start again with a 1 satoshi bet.
- However, if you lose, you double your bet and place a 2 satoshi bet in the next round.
- If you win this time, you will recover your previous losses and make a profit of 1 satoshi. You then start again with a 1 satoshi bet.
- If you lose again, you double your bet once more, this time placing a 4 satoshi bet.
- You continue this pattern of doubling your bet after each loss until you eventually win. Once you win, you go back to the initial bet of 1 satoshi.
While in theory, it sounds great, it is important to note that this strategy is not foolproof, as losses are inevitable and should be anticipated at any given time.
The optimal approach is to possess a substantial bankroll with which you feel comfortable engaging.
Additionally, it is essential to exercise restraint and establish certain limitations to avoid depleting your funds prematurely.
Now, what exactly constitutes a sufficient bankroll?
The answer to this question varies among players, as it depends on the specific base bets and odds employed. However, as a general guideline, it is recommended to possess a minimum number of satoshis that can withstand a minimum of 15 consecutive losses.
Trust me, these losses can and do occur. Failing to exercise caution can lead to quickly depleting your budget.
For added security, I would suggest maintaining a bankroll that allows you to endure approximately 22–24 sequential losses.
FreeBitcoin Hi-Lo game
Let’s explore the FreeBitcoin Hi-Lo game and delve into its gameplay mechanics.
You have the choice between two modes: manual and automatic.
In the manual mode, you have limited settings that you can modify. These include the base bet amount, the odds, and the option for a jackpot.
However, I would advise disregarding the jackpot option, as the probability of winning it is extremely low, resulting in more losses than gains from the prize.
While the manual mode may seem safer since you have control over all the bets, it can also become more monotonous over time.
The longer you play using this mode, the higher the likelihood of making a betting mistake.
Additionally, emotions may come into play at some point, causing you to contemplate whether to make another bet to recover losses or to call it quits for the day.
Alternatively, there is the option of auto bet, which can be more entertaining as it allows for faster cycling of bets and quicker results.
Moreover, there are additional options available in this mode.
Similar to the manual mode, you can customize the base bet and odds in the auto bet mode as well.
Bet on — pick on which you’ll bet the Hi / Lo number or alternate between them. I’d advise sticking either to Hi or Lo only.
Stop betting after — this is an important option, and I’d strongly advise that you use it. You can tick both of them, and the game will stop making automatic bets once you hit the set winning margin or your consecutive lost bets accumulate to that number.
These options will limit your play and set some limitations to your game that you may overlook by playing manually.
On win / loose block — here are a couple of options that you can use. On the win, we’ll leave the default option (return to base bet). While on loss, we’ll tick the increase the bet by X %.
The percentage will vary based on the base bet and odds. With it, you’ll control how much you’ll profit on a successful bet. But do remember about your bankroll and calculate how many bets you can make before going bust.
The last two options that should be ticked are “randomize client seed” and “do not refresh.” The last one is important as you’ll not want to refresh the window during the betting session.
Play odds
Let’s take a closer look at the odds settings. By default, it is initially set at 2.00, providing a 47.5% chance of winning.
Many people are unaware of this, but it actually represents a substantial house edge. Therefore, most players end up losing and attributing their losses to the perceived unfairness of the game or site.
That’s why it is advisable to adjust the settings to achieve a winning chance of over 50%. This can be accomplished by using odds, such as 1.8, or even lower odds, ranging from 1.5 to 1.3.
Keep in mind that when utilizing lower odds, you will need to increase your subsequent bets by more than just twice the initial amount.
This emphasizes the importance of having a larger bankroll since extended losing streaks are still possible and will cost more to compensate on subsequent rolls.
I have personally made numerous rolls in the Hi-Lo game, experimenting with different odds. And through my experience, I’ve found that opting for smaller odds is the most effective approach for maximizing profits.
In the past, I had used higher odds, which initially seemed promising. However, due to the inherent house edge, I eventually lost everything.
This outcome was partly a result of insufficient caution on my part and the inadequacy of my bankroll relative to my gameplay style.
Although it was a painful lesson, it didn’t deter me from continuing. I conducted thorough research and began adhering to lower odds along with win/loss limitations.
Since then, I have experienced significant success. Admittedly, there are days when I incur losses due to my self-imposed restrictions. However, on average, I can consistently generate a six-digit profit daily, ensuring a favorable long-term outcome.
I’d advise using Excel to calculate your bets based on the odds you’ll use. This will give you a rough estimate of how big your bankroll should be to endure prolonged losing streaks.
You’ll need to experiment a little to get right the exact rounding so your Excel bet list matches the one that will go in the FreeBitcoin Hi-Lo game.
While you’re reading this article, I wager that you’ve stumbled upon numerous YouTube videos showcasing various betting strategies.
However, I strongly advise you to steer clear of them.
The majority of these videos are highly flawed and will swiftly deplete your bankroll.
They are often presented on accounts with minuscule funds or rely on a limited sample size, conveniently avoiding significant losses during the demonstration.
That, straight away, is a red flag, and you should be cautious about the given information.
Another motive behind these videos is to secure referrals who will follow these dubious strategies, generating satoshis for the video creator without considering the referral’s well-being.
In this article, I make no extravagant promises. Instead, I provide valuable information to help you evade costly blunders.
Have you found this article useful, or have you increased your winnings? Please support the author if you can:
BTC:
1Ae6EKPob1JyDdax3sswXG35h6R9JvgvCS