I have come up with a progressive betting strategy on a cryptocurrency gambling website for a random number generator game (between 0.01 and 99.99,) Basically if it rolls 9.9 or under, I win 10 times my original bet of 0.00000100 units, I have set to increase my bet by 16.5% every time I lose up until the maximum bet of .22 units
I have calculated I can lose about 70 times in a row before going bust. I didn't think i had anything to worry about until I lost 66 times in a row.
Should I be safe running this or change my strategy to something even more conservative? (It currently makes be about $30 an hr which I feel is a good risk/reward) Open to suggestions.
Thanks everyone :)