Bitcoin Forum

I know that the martingale system could only win if an infinite amount is available and an infinitely high amount is likely to be placed and Casinos are protected against martingale.
Nevertheless, it would be interesting for theory to calculate the amount in relation to the highest known loss sequence.
Example:
Game: Dice Game
Minimum bet: 1 Satoshi
Maximum bet: no limit.
Highest known loss sequence on dice game: ?

Necessary maximum amount for theoretical safe gain: ?

Just use the Search function.

If I recall it correct, on 49/50 the biggest losing steak was OVER 20. Which is enormous amount of money if you play even with 1 satoshi starting bet. And it's pointless to lose your time on 1 satoshi bets. More over most sites have timing limits for bets under 100 satoshi, making you to wait 1-2 second between bets.

Again there are better strategies than poor martingale. In math there is a chanse of everything but on huge amount of money there is high percent that you will win but remember, there is also % of loss and there is a chanse that this very small percent, even if it will be 0.000001%, it's a chanse of lose and it will be fair even if that lose will happen.
Also if we have huge amount of bitcoins, I think we wouldn't play.

I'd prefer if you will be gambling using martingale, use a bank roll at .6 to .7, then make a bet at a 1000 satoshis. Well, you can just auto roll, let the bot do the thing, after that you will realize you are losing, realize you must not done it and then regret it. Hope it helps. BTW, you may realize that after your balance reach .1 to .2 so you can still stop yourself.

The one that I knew the highest lost was 28 streak, and I dont think it is worth to bet a high amount just to get 1 satoshi, and no matter how much you owned you can never win the game, and the calculation of safe gain never work, it works for one or two times but long run it was failed

correct just even how hard you will try but it wont assure you to win against the house its a fail strategy back then and it wont be a profitable way,
so if you are a risk taker and still wants to proceed better to expect the unexpected result 28 losing streak maybe more will follow.

You are missing the point, there is not a theoretical safe bet you could calculate, if you based your martingale in 20 losses in a row, what will happen when you lose that 21 time in a row? You lose everything, then you may try with 40 times in a row, that will be safer since that is harder to happen but it  will eventually happen, in a universe with enough time the weirdest things will happen, losing 40 times in a row is not a big deal.

Bitcoins needed? Depending on your base bet and if you are talking about 1 sat then i would say having a bigger bankroll would give you the edge but its not permanent.Losing streaks will be your worst nightmare or enemy as far as i know and seen in the past on having 25x lose streak we wont know if theres other higher than that which would really blow out your account if you dont have sufficient balance on using 1 sat. Lets say that 100 btc would be enough on playing such technique  ;D Just joking.

With a more than 10 BTC bankroll you can survive for 29 consecutive losses, on the 30º you need to win otherwise you lose all the Bitcoins... It's not a good deal to risk such amount for 1 satoshi profit. Better to mix your gameplay with another strategies.

I don't understand so much love for Martingale strategy.

The only reason for its popularity is that under certain conditions(lots of money and time) it gives a predictable outcome in terms of profits. It’s not a sure bet, but it’s about as close as you can get.

There is no fix amount you would need even if casino doesn't limit it. This strategy would rob you off your time and money. Martingale strategy bring with it a huge chance of getting you broke. So as always said bring the amount you can afford to lose in gambling and if you are lucky enough you can earn in that too.

This proves martingale is just waste of time and money, there is no any strategy that will work for long time including this martingale. I have tried some martingale strategy in bustabit before but I lost more than half bitcoin within 12 hour for 1000 satoshi profit per round.  >:( >:(

The need of the Bitcoin depends on the multiplier, if your multiplier is at the minimum, you need not to have the same amount of BTC you need with the higher multiplier.  And this does not mean that you can play martingale infinitely.  There are times where you can hit more than 30 losing streak and that means you need bigger bankroll for this.  And I think, if you want to play martingale infinitely, the whole BTC won't be enough.

that's not correct. all you've shown is the bets that would result as the number of losses increases given a 1 satoshi bet on a 50 / 50 roll doubling on loss. first off, you didnt take into account that the bankroll decreases as you lose consecutive bets, and thus your last 'roll' would be a lot lower than you think to present it here.

two things come to mind: gambler's fallacy and that its probably the first strategy that newcomers think of that both automate betting and seems to provide a relatively safe method of stable betting. I think its something that just about everyone that people just getting into the gambling scene try out at least a few times.

Yes, especially because at some point you will be risking 1 Bitcoin or more just to earn 1 satoshi profit...

And there is no way to avoid this, if you increase your profit like you did (let's say start betting from 1000 satoshis) you will decrease the number of consecutive losses you can afford. The system works perfectly at house's favour.  :D


That is just the amount bet each turn, not the total loss.

To perform that game with 30 rolls you would need more than 10 BTC on your bankroll. I don't know if I understood you correctly...

Any amount of bitcoins aren't enough for martingale as it will end in bust at the end. No matter how safe you feel with lowering the basebet you will still bust in the end. I have seen a player making around 50btc with martingaling day and night for months and then one day loose streak came and he busted  almost all.

As much as you have,  you can use all your bitcoin
Because martingale strategy need much balance to get profit
Not only need big balance you should have big luck
Or you will lose all your balance with this strategy

Theoretically you need unlimited amounts of bitcoins to profit from a martin gale system in the long run.

A martin gale system assumes that you can cover the next bet each time you lose. Just to illustrate at your 1 satoshi bet you would only need to lose a straight 30 times and you bet is already at 10 BTC. Using a standard martin gale, that would mean you bet 10 BTC to just get back that 1 satoshi.

It is not worth it really. I tried before to do a martin gale system with the exact parameters. With only 0.1 BTC as bank roll.
I was winning at first and probably got about 1mbtc for it. Then it all went south and I lost everything on the next morning.
Martin gale doesn't work, a lot of people have already proved this.

If you use all your bitcoins in martingale method then mostly you will lose all your bitcoins in one go for sure because in this method no one can tell you how many continuous losses you can get while playing so you should have the unlimited bankroll for that to happen otherwise you will mostly lose all your bankroll. Don't waste your money in experimenting such a dangerous method. Just play with a small bankroll and check your luck.

Yeah it is a waste of time. It is quite better to just bet your money on 50% and all in it than doing martin gale. Doing an all in is quite
just the same as doing a martin gale on your whole amount. It is quicker and a possibly more profitable than just martin gale-ing it.

Maybe there could be an opportunity to lower the risked amount and play with high risk limited martingale :)
Ok, with bitcoin it would be difficult when not impossible.
Lets take an example with dogecoin.
Amount: 1000 doge
Bet minimum 0.00000010
Base bet: 0.00000010
Limited to 10 doge bet
Risk 17 %
If win: return to base bet
If loose: Triple (base bet x 3)

I will not trust this martingale method in online gambling. But I can trust land based gambling there the house will not cheat players. But in online, this is not safe because we don't know that game is running randomly or some bot will control that game. If they make a program like is anyone start to use martingale method it only favours to the house then that's it you can use your full bankroll you will never get a green number.

Dude, it is the one type of gambling system which double the stakes. You said you never been started martingale as your gambling option. It is same doubling option we noticed earlier in this forum.
So don't towards martingale. if you still wish to start this please use the below link.
https://satoshidicebreaker.appspot.com/;jsessionid=Swwbabue2ADPaK5qTH6kXA?0

Well in my opinion, if you want to do martingale, you should keep these things in mind.

1) Always before each turn generate a new seed, it helps with the randomness. The computers can't truly generate a random number so keep that in mind. The highest loses i got was around 12 loses in a row if i remember correctly. Without generating a new seed for each turn.

2) if you are going to start from 1 Satoshi, the safest bankroll will be 10 btc imo, but that's a huge amount these days and is not worth risking for low profits.

Firstly I don't think any site will allow you to bet so small amount in Dogecoin any dice site. If I'm correct the minimum amount should be one Dogecoin in most of the dice sites to bet. To try your above method you may need a lot of coins and still, there is no guaranty one can win. Nothing wrong in trying but don't expect you will win from this method instead just play for fun and if you're lucky then you may win.

There are sites those alllow the very low bet amounts I tried it out and it worked at beginning with luck and then lost the profit :) Yes its just for fun. The goal would be to find a strategy where one will stay as long as possible "alive" with his amount, have fun or make profit or both.

When we play with martingale, even though we had for example unlimited bankroll, there will be max profit on every gambling sites hence people mostly will end up losing when they used it very often because such condition (can't place a bet due to exceeding max profit ) will be met if we played it very long.

There is no exact value when using martingale because the key to win in martingale is just an estimate. For example you start a bet with 1 satoshi and you think will win on the 15th bet then you just set the balance up till up to the 15th bet.

You mean a kind of limited martingale? So just to limit to 15 loss? That seems to me quite high. Had often over 20 reds.


Yes, that is another point, that one can't win with martingale. I am just wondering how that fits to "provably fair" bets, that one can win an amount and up that point will always loose.

I wouldn't use martingale if I have a decent balance. If your base bet is just 1satoshi and ended up having a red streak. Would you ever risk the 5btc for that 1satoshi. Also, even if you have infinite balance, how about the limit per bet. Martingale sucks and it's proven for how many years.

I've had streak lose more than 23x and streak win as much as 18x, both streak without doing martingale. For me, it was the most streak i experienced when playing dice. You can calculate it yourself if basebet only 1sat and you use martingale technique. I'm sure, your balance rushed out before take winning.

some people had more than 20x losing streak so although you were starting bets with low amount eventually your bets will became so high because martingale strategy needed unlimited bitcoin to do so

why there are people that still use martingale nowadays, it is just waste time and you will ad with lose all your money. better use your own luck. there are no strategies in gambling, especially dice

Martingale had been one of the worst techniques I've ever tried gambling over dice sites. Even with your mentioned minimum bet, the loss sequence can cross levels where you may find yourself unsuitable to bet and until you realise, you could have already lost too much over the automated betting and that's how house eats your bankroll.

You will probably mine more doge if you mine them with your CPU than you will earn by doing martingale with base bet 0.0000001 DOGE.
You will have to win 10,000,000 times to earn 1 DOGE! 10000000 winning rolls for 1 DOGE m8! Do you know how much time is needed for that?
Not worth time and electricity.

That is proven, and martingale lead to disaster. But with so many topics about martingale and million comments how martingale is bad strategy people still don`t understand. Like nothing can convince them that martingale is bad idea from the start, and there is no amount of money that can help anyone to win with martingale strategy.
First OP wanted to bet in bitcoins, then in doge coins, its the same casinos are have maximum bet in dollars, convert it in currency you gamble and there is max limit. I think fortune jack is best example of that, I`m not sure is it still like that cause I didn`t play dices there for a while but with bitcoins minimum bet was 0.000001 (or 10 sat.), with litecoins around 1000 litetoshis, and doge was 10 doges or something like that. Anyway point is that with cheap coins you don`t have minimal bets in decimals.
I lost many times with automated betting, I don`t plan to bet like that ever again, even if I have 10 bitcoins, simply no.

For martingale to work you need an infinite amount of bitcoin.

That's the only way you can guarantee that you will always be able to make a bet in any losing streak.

Remember, long losing streaks do actually happen.

That is absolutely true! Martin gale needs unlimited amounts of money to be able to profit from it indefinitely! Though the problem is that it is not possible to have infinite number of money also there is a limit to the max bet you can do in the casinos. So 2 factors will hinder a perfect martin gale system. Just play, don't use martin gale, it's a stupid strategy.

What you said is correct but I saw OP mentioned that he is using this method for fun and not to make a money. He plans to stay more time in a dice game to play instead of targeting earn money. It all depends on individuals but I also think it is too small amount to bet and not much fun and excitement with such small amount.

Examples of the application of the Martingale system in practice can be see here: http://sportstatist.com/the-pitfalls-of-martingale-money-management-strategy/

Well.. we need unlimited of bitcoins to play gambling using strategy martiangle because every time we are lost in gambling,
we must make doubles betting from the first lost and keeps continuous every time losing.
The bad thing from this strategy is no one people around the who have unlimited money, this strategy is never work in gambling
many people have tried this strategy and they just got losing large of money.

Well for me its not the unlimited but when you know how to stop if ever gathered enough of your winnings. Cause even if you have many btc but you dont know when to stop then you just gonna donate your btc to that certain site. Because for me if i have money i always have 200% of my winnings. But even though i almost win there is always the need to gamble more. Even in physical gambling i do martingale and sometimes there are other bankers who could see through that style that sometimes they are preventing it.

The reason why martingale is so popular is because for those that do not take the time to make the calculations, it gives the impression that it is a safe way to make money with gambling when in fact martingale does not change anything, you are going to lose as much as any other person since the house edge is going to be there to make sure of that, besides the amount of money you need to put at risk to only win 1 satoshi is ridiculous high.

0.1 BTC needed for martingale
Highest known loss sequence on dice game: ? 15 but up to 23 strike loose , if loose x4
Necessary maximum amount for theoretical safe gain: ? 100K sats

Wow, you haven't gambled too much have you? You can even check the wizardofodds.com to see facts for yourself. 15 - 23 straight losses are not uncommon. It happens and you would not even believe how quick it will happen. There is really no chance anyone can profit from playing dice using a martin gale system.

I've been burn by martingale too before because I thought that having losing streaks of 20+ is rare so a huge opportunity of earning is very high so I lost big amount because of 1 satoshi base. Some may have been lucky using this strategy but I am never using this strategy again because I have the tendency to be greedy even if I already achieved my target profit cause I wanted to earn more and more.

Yes 0.1 as your bankroll with x4 on lose and you'll bust very soon. No matter how much your bankroll, martinfail will kill your bankroll sooner or later. Remember that there is a max cap on gambling site, even if you have unlimited bankroll but if you reach the max cap while getting loses streak then you wont be able to continue your martingale.

Well so if just to know when to stop playing gambling, it is not need martiangle strategy in gambling, we just needs hit and run on gambling games, when getting winning in gambling we must get out from gambling and when we have got losing must stop playing gambling too, we are talking about how many bitcoins needed for martiangle strategy in gambling and not the time for start or stop playing gambling.

Martingale never be a good idea to gamble especially in the long run ,
It requires super luck to make you profitable ,
Otherwise i am sure 99 percents you will always fail to achieve profit no matter how hard you are trying ,
Don't be greedy makes you to use martingale it's completely worst strategy ever.

I already tried that in several online gambling sites but it's really not working. Maybe half an hour, you feel like you are controlling the game but a couple of minutes more you are on your maximum bet and poof , all is gone. Huge bankroll also doesn't work because 20x continuing losses only apply but not 20x continuing wins.

I not yet experience 20x loosing streak and I don't want too but if you start at the lower price and if you have more btc I think it might work for some time but not as always.

If you have big bankroll you will definitely experience 20x or more losing streak even on 1 sat bet you will lose up huge amounts of BTC when 20 or more streaks would hit you this is why martingale is very risky to use specially when you are just letting it on without your appearance because if you decide to leave it to roll and when you come back be ready to see a 0 balance.

Martingale method only helps to house edge. you will never get your favour colour after losing back to back bets while using this method. It will make your bankroll empty and leave you. So instead of using this method, you can play a normal game with high bankroll you may make a profit. In sports betting it is possible, but in slot games, it will be very tough to win games using this method.

There is calculator to enumerate potential to be prepared in martingale. If without limit, the risk we reach is zero balance. Many have proven. I think, if indeed gambler should take another path. And if want to try martingale, you should limit your profits. Because it's make better.

it's actually works but in temporary time only. i mean in short term you might have a profitable session , but the greedy always there waiting for you . and guess what usually happened? yeah your desire to get more and more winning lead into bigger lossed than what you have earned before. the conclusion are you won't make money no matter how good you are or how large your bankroll it is.

saddest truth mate things happen even you do your math and you already got a good basis but still its a luck base game and its always depend o how
the house works with their system 23 streak can also be 27 or more than that so how can you recalculate that if you are already in the middle of the
game so there's no exact amount that you need its luck which you can really relied.

It all depends on your starting capital, if your starting Bitcoin value is small you can keep doubling for a long time until you eventually win them. I haven't seen a lopsided game for more than 20 times without playing the opposite so I will suggest a martingale value that you can st least double upto the thirtieth time and you should be fine.

Lol .1 btc won't be enough for martingaling your bets, no one knows how many times they're going to lose. even if say .1 btc was "safe" to martingale with, over time how much profit one's gonna make with 1 satoshi as a base bet?

That would be quite a huge amount if you go to x30 but its the same when you do it in btc or fiat. To at least have a decent chance, you need to have a big capital and expect losses along the way. Though i don't trust martingale to really give me profits because itbhas been proven to be a sham especially if you do it for a long time

You need to have a bankroll that you can afford to lose because no one has an unlimited money, otherwise we will not gamble.
Actually martingale is just good looking as a betting system but in reality you will still lose in the long run, dice games generate fast results however there is a house edge that will definitely gonna kill our bankroll in the long run.

Not only you are going to need an unlimited amount of money, no casino allows you to bet an unlimited amount of money, there are limits to how much you can bet in a single roll of a dice so when you come to the point where the amount you need to bet in your martingale system is bigger than the allowed bet then you know that you are going to lose a lot of money.

I do not recommend this martingale method, the return or the profit is too small compared to what you can afford to lose, you can lose all of your balance in matter of minutes just to win about 5% of your entire balance, theres better methods out there but I never liked this martingale one. Good luck if you decide otherwise.

Liking or not depends on the person's perspective.  For me martingale is a good method, saving you from headaches of thinking strategy.  This martingale is no difference than any method since all method need to win against the system.  If you know when to quit in martingale, you will alway book a good profit from it but if you do not know when and you keep the dice rollin continously then definitely you will lose everything.

You could be right, in my case, Ive had a bad expierence with it, it might be because I never knew when to "stop" my gambling.
Ive seen people that do this method to win about $10-$50 per day and then they stop for the day. Its just that a lot of people dont know when to quit, which will be my case.

That might be your opinion on Martingale but in most dice casinos, I've seen people multiplying their balance by multiple folds by using this method. Given that the loss streak doesn't hit, you are guaranteed profit and it doesn't matter if it's 5% because with a 50 BTC bankroll, you're making 2.5 BTC profit which is quite a lot. Also, probability clearly tells that the chances of busting is very low with increase in the number of bets in this method.

 :)

I agree to the others, a pure Martingale will never lead to a win in the long-term.

But what does long-term mean?
In my experience, i was able to increase my bankroll from 0.01 to 0.16 in about 3 weeks. I made 10% Profit daily and then quit. Sure, a longer losing streak
can always accure, but if you Play at low bets, it might last for a while.

My Tips?
Change the seeds often. Change bet Odds and starting bets.

But the MOST important...

1. Know when to stop.
It's ok to lose. If a long losing streaks kicks in, it's very likely to kill your whole Balance. Stop it before.

2. Use prerolls.
For example: You decide for a payout of 2. Bet 1 Satoshi and wait for a losing streak of 4 or 5 and THEN start with your main bet. From this Point, Martingale till you win and start again.

3. Change between Dicing sites - i recommend bitsler and primedice.


And last but not least...

YES, I've also lost my whole Balance since i was too greedy  ;D but that's gambling, right?

The returns are even worse, because for every "streak" you do, you only win your initial bet.

This also means that if you are at say bet 10, you are risking 1024x your initial bet, just to win your initial bet to start with (and ofcourse the rest that you lost along the way).

That is simply mental. It only works in a vacuum.

I think it depends on how long of consecutive lost are you planning to beat.  YOu just simply calculate the base bet and the multiplier then add all of them.  That is the amount you need to widthstand a certain losing streak.

It doesn't just depend on the consecutive losing streak, because no one can predict how long a losing streak anyone can lose in a martin gale system.
Even if you set something like 10 losses and that is it, it doesn't guarantee you will not lose on the very first few bets you make.

The martingale method is very bad because the more money you bet the greater you are affected by the house edge, if the house edge is 2% and your average bet is 0.001BTC then supposing you make 10 bets every minute then you are going to lose 0.002 BTC on average  every ten minutes but with martingale your average bet is going to go through the roof and with it your losses.

Whatever strategy you have it will not take long to win that strategy. Yes, no one can actually predict the winning bets even you change pattern. Somehow, you will lose eventually Ive tried many strategy even martingale no one works. It really depends on your luck and analyzation every bets you made.

Well martingale can be good if you only have an unlimited bankroll because the game cannot keep bringing a single outcome throughout the day it will definitely change its lines and so if you have s lot of money that you can be doubling after every loss then martingale will work for you else just forget about it because you can get bankrupt along the way.

Are you sure with that minimum bet 1 satoshi ? That is really small and your profit will be small too, even its more safety using that way. Actually more higher your bankroll, more safety that you got. Because you still can run even you got 10 lose streak or even more. I think the minimum balance is 1-5bitcoin and with base bet 0.001, you can do it for long run.

How long is a piece of string ? It depends how long you want to play for really. The more you have the longer it takes to eventually bust. So you must hope for good luck you make good profits before then and then decide if it's enough or not and if you want to carry on.

So there really is no real answer. I think the best answer to the question would be that it depends on what you willing to lose.

But that is exactly the problem not even the richest person in the world has an infinite bankroll and even if you had millions of dollars to spare, the casino is going to put a limit to how much you are allowed to bet so at the end martingale like most gambling systems is not able to bring you profits which is understandable since the odds are against you from the beginning.

Casinos would really normally restrict you on doing that on which you would able to bet huge sums of money already by using martingale. Having lots of money isnt really a guarantee that you would have infinite bankroll on a certain site or physical casino. Using martingale will count up without limits if losing streaks would hit you. Doubling every loss will surely result on big amounts too.

In a 49% chance expect a losing streak 50+ even 1 BTC is not enough if you are going to use martingale as your strategy even if you start with 1 satoshi. There are many better strategies than martingale. Sometimes you need to combine some of strategies to make a better one but you can only use it sometimes because if you will do it everyday in the end you will lose every balance you have.

It depends on your bet amount you told you will start from 1 satoshi then 0.1 bitcoin would be sufficient you surely need to set a stop profit amount if you don't do that you will make nice profit but just one lost roll can ruin everything don't be greedy with this strategy and don't forget to set a stop profit

Stop profit? Do you know if you set up that in one moment you will lose most of you chips and auto betting will just stop on your loss. 0.1 is sufficient for martingale strategy but its perfectly good amount for betting. With that amount I would play some more serious game, black jack, roulette, slots. Dices are interesting game but I wouldn't risk more then 10 mBTC on that game ever again, I lost much more bitcoins then I won in that game and I said it to myself no more. Now I play dices just for fun, and if I make double I immediately stop and withdraw, I play without specific strategy, I watch history and I try to hit numbers that I didn't see with highest possible odd, and I play with every next bet doubled, and sometimes ibhsve luck sometimes not, that are dices tricky game.

I think for martingale method you must have an unlimited bankroll to make sure you will win always otherwise no way you can win money from this method. You don't know when your losing streak will start in this method and eat away you 0.1 bankroll. Dice game is only good for fun not for making money and no methods will work in this game.

Unlimited bankroll will not make you always win doing martingale, there will come the time when you reach the max profit per bet on the casino and you will need to start again and again.

That's right and that's the reason why house put the maximum bets so they can be assured that they won't experience a big loss with a type of a gamble with a big bankroll or an unlimited bankroll better to make sure that they always have an edge bankroll always wins that's the reality.

Martingle is the worst strategy in gambling it's impossible to win with this strategy these strategies are free money for the site or the casino martingle strategy doesn't provide much chances of winning and if you try it with few funds after every win no matter what you get 2 losses which will take up all your bankroll

yes that is true , people should realize soon about the danger using martingale.

otherwise your money will get burned no matter how much available. keep doubling your bet are not the best and smart way to gamble , it is just make your situation even more messed up. everybody nowadays have know already about this , don't get greedy and make a stupid martingale useless strategy.

It's one of the best method and I think it's one of the popular in betting method in gambling, in dice I use martingale but I do realize this does not gonna work in a longer period of time because the house edge is something we cannot beat whatever method we have.
This would work if you are lucky and you have a decent bankroll at the same time, but it's only for short term so you have to be discipline to execute your short term plan and stop outright when you win.

1) Martingale for me is not method because it is an easy X2 double only
2) To play with Martingale you need unlimited balance to recover losses
3) The martingale is for short usage betting
4) My suggestion is not used martingale. Better is to use low % win chance

Correct dice is not a game that you can beat with skill or anything like that, the only way I can think you could beat it is if you found a bug in the code or something that allowed you to know beforehand what number is going to be the next but the chances of finding something like that are very low since you will need a great deal of knowledge about computers and that a particular dice game was poorly coded.

About the results of applying Martingale's method In practice can be read here: http://sportstatist.com/the-pitfalls-of-martingale-money-management-strategy/

Just stop when you feel it's time to stop since martiangle will make you loss if you keep running them in long term.
Martiangle usually provide quick profit on short term so even with 1 satoshi, you're able win up to 0.01 which I'm consider as " enough " rather than regret

All the bitcoins in the world is not enough for the martingale system. It is a failed and very dangerous system. If you have a large amount of coins, hold it
 It is far better than martingale.

If you have let's say about 100.000 bitcoins and start the game with 0.01 btc per bet in sport betting with odds 2 or more, I am pretty sure you will come out as a winner but the amount will be low and all the stress you will be having until you have a win it is not worth it. Martingale works when you have a really large bankroll and only in sport betting , used to work on roulette but many casinos have betting limits there so you can't use it.

If you're that greedy then yeah you're right. You're just going to keep on betting and betting whether you win or not. You're certain to win with martingale but the problem is up until when are you will to play? Because every round, the bets keep on increasing so you risk losing a bigger amount the next time you bet

People get fooled very easily thanks to their greed, some promote martingale as a strategy that wins 99% of the time, people see this and get excited and think they have found a way to beat the casino, but what those people never tell you is that when you hit that 1% you are going to lose your entire bankroll and that is why we got so many stories about people losing their money with such a flawed strategy.

What you said is correct. We need unlimited Bitcoin or any other coins to play martingale method because no one knows how many maximum continuous losses you can get while using this method. That's why always gambling houses make money and players lose. Spend only limited money on these games don't be greedy to earn an easy money.

Those folks who think that martingales or any other strategy can win those bitcoins in random games like the dice or slots are just wasting their time. This strategy does not guarantee you victory but it is just a way to recover your losses and earn profit if you are lucky to win at least one shot.

I really wouldn't recommend you to use martingale strategy, even if you had 10 bitcoins to bet. It is simple too risky and time wasting... It is faster to simply do all in on 50/50 and ether win or lose. I saw people got 25 and more lose streaks which made them to lose everything.

It doesn't really matter how you bet, there will never be a safe bet (that would mean free money for players and free loss for casino). The safest bet you can get on dice sites would have 98-99% chance to win, but the payout would be extremely small, so to get any decent returns, you would have to make huge bets, and with each bet you will be risking to lose it all. And your Expected Value will always be the same, not matter which strategy do you use, so in the long run you can expect pretty close results from all strategies.

Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway.

I think also betting sytem like in dice game has limited of maximum of sometimes 0.1 maximum bets to 1 btc so unlimited will never recover your loses you will just losing all of your money and bitcoin for nothing using martingale and gambling is just for lucky person if you are not lucky you will not make any profit..
So better to gamble that you can afford to lose play for entertainment or fun not for making dream and make a large profit in gambling..

You're right. It only makes things more interesting. Instead of betting the same amount all the time you're varying bets based on the outcome of the previous rolls, but in reality your chances remain the same. Martingale gives players fake hope.

Martingale is still not a perfect strategy because you are playing it online so the odds are still in favor of those casinos.

Martingale will always be anticipated by every single casino.
You might win in the first or second rolls , but keep getting losing streaks in the end.
Don't ever try martingle , you will have a lot of regret , that is what people have experienced , and i just told you guys , it is the most attractive and dangerous strategy.

We can't say it's not true, he's right actually. If you have many bitcoins on your wallet, you can using martingale strategy for long run even with 10+ streak lose you still can cover it. That's why without many bitcoins, its better to not use martingale strategy. It's really risky though using this strategy.

Matingfail more likely. Will depend on BB Payout and Increase on lose. 2x on 1 sat BB at 100% increase on lose will need lots of time and bankroll. Longest streak I had on 2x on dice without increase on lose is 28. That is on bitsler. Imagine if you play on Freebitco.in with a house edge of 5.

Dude, remember the max profit on every sites. This limit will not let you win even if you have unlimited bankroll, 10+ streak is still a usual one, how if you meet 20+ or even 30+? Nothing is better, no matter you have many bitcoins or only small amount. Dont do martingale unless you are ready to lose all your money.

Something no matter how unlikely if you gave it enough time is going to eventually happen, having enough money to 30 bets is not enough, having money for 40 or 50 bets is not enough, if you keep playing is going to happen, this is why you see stories of people losing a fortune in the casino because they think it is never going to happen to them, that they are never going to lose 31 times in a row, but it happens all the time.

How many bets are not mattered, while using martingale method the betting amount continuously increasing. sometimes you are ready to play with the high amount to win martingale run. for this reason only all the sites will put one limit you can not place more than that limit. so you must accept your defeat. investing in martingale method is a waste of money.
 

You can't do martingale forever as there is a limit on maximum amount of bitcoins that you can bet in a single game, so at last you will definitely loose in martingale too.
As far as I know I play on bustabit and there is a maximum limit of 1 BTC there.

Then maybe we should look at another coin to play with. The lowest possible bet, I saw, was 0.00000001 doge, but those bets are really slow. Per bet around 2-3 seconds. The power to run a device is more expensive than the profit.

Martingale is a kind of an strategy which needs a lot more bitcoins than we expect it would. As posted earlier by someone, 10 bitcoins can let you survive 29 loses, and if you hit another lose after that, you are out of money. And sometimes it doesn't even stop giving loses to you and you suddenly start thinking what's happening. I think if someone has enough bitcoins to afford to play martingale strategy, then they should simply use those bitcoins for something else and avoid the risk of losing them.

Btc needed for gambling with martingale strategy is as much as you have. The most important in gambling is limit you can to achieve. Because whatever amount bitcoin we have if no limit, then losing is the thing we absolute achieve.

Do you even realize what you are saying here?

30 losses with a 0.0001 starting bet would mean that you would bet 107374.1824 on your 30th bet.

That is basically unlimited already.

EDIT: Even betting 1 satoshi as starting bet would mean you need almost 11 bitcoin on your 30th bet. Keep dreaming.

Then maybe think in 0.00000001 doges as base bet.

If you just want to try it and you don't want your  bitcoins to be touched. Other coins are good for this type of experimental and you can just trade it afterwards when you have won. And for those people out there that wants to try martingale, make sure that you decided it and you are ready for the consequences with your big bankroll.

yes i do believe those people who gamble use martingale strategy every single time they have lost their mind to become a normal player. greedy has take over yourself to be rushed not in calm down. that is the common mistakes , just try to avoid that.

martingale are a way to lost your money faster more than you expected.

it is right martingle strategy is just a easy profit for the site you are gambling on it simple drains your bankroll to actually make profit or have some chance you need a high bankroll and still the chance of getting profit is really less always avoid martingle strategy

Not really, martingle is actually a good system, however it is flawed because it assumes something which is impossible, that is, having infinite amount of bankroll and there is infinite limits per bet. Generally it could work, but because the gambling site has house edge, then that really prevents you from profiting using martin gale systems. It is not a bad system, it's just not affective.

I can still consider as a bad system though because i do have really bad experiences on using this stuff.We do have different views but this thing do really sucks and i do believe no matter how big your bankroll is it can really wipe it out in a matter of short period.Even you do have millions of money if losing streak hits you then say goodbye to your money.

Some users interpret the martingale technique to be an winning strategy, the real fact is that it's an method used to minimize the loss. For this large volume backing is a must without which one cannot use the strategy. There is no specific number of bitcoin required for martingale method.

Ive been into playing of dice game and tried martingale strategy it never worked for long. Actually it depends on your base bet, whatever strategy you have it will never worked good for long. Eventually you will lose the game and just waste of money.

For online gambling sites, where there is a limit to the amount you can bet with, using martingale is not a good idea. This method is beneficial if someone starts with placing bets of small amount and increases it every time. This way he can gamble more and his chance of winning also increases. Luck can show mercy in 10 or 15 shots definitely.

Martingale never worked for me either. I'm tired of trying it again and again, the progress gave me an headache so I never tried to do it again. Those gamblers that are saying it is working to them and gave them good profit it's up to them or they are just lucky enough for trying. But for those people that wants to try out, try it and see for yourself.

Casinos are prepared to face martingale, the most important protection they put in their games against such a strategy is the bet limit, that way no matter how low your bet is at some point you are going to hit that limit and your martingale strategy is going to fail, besides the martingale strategy requires a huge bankroll something that most players do not have, so it is important to forget about such a flawed strategy.

no wonder people still trying to make money through martingale strategy. it is so smoothly working indeed in the short term but in the long run when you try to do it continuously , everything that you have earned will gone for nothing. it is useless.

more losses are waiting when you insist to chase a lost in purpose to get back your money.

Regardless how many bitcoin you have, as long as the house edge exist, the expected value for any kind of martingale or bankroll is always negative. That means, you will lose in the long run.

not really, if anything, it's easier for most irl / land based casinos to cheat you; in the current state of online casinos (bitcoin based casinos anyways) we have the provably fair system, which allows us to not simply trust, but to verify the results of our plays and outcomes. compare this to a real casino, where you've no choice but to trust the system. there does not exist a way to verify every roll you've played, weather it be the slot machines or a table game where the cards are shuffled by a machine (well it's been a machine that shuffles them in every casino that I've been to anyways) where you can't tell what's going on in there. for all we know, they could be cheating us right in front of our faces. I'm sure there are government regulations they have to follow and all that, and their systems are probably tested for fairness regularly, but still, not exactly reassuring.

If you want martingale to work for you, you must first find the minimum number of shots you have to give before winning any bet. Apparently, you don't have much luck in gambling; at least your words convey this message.

Once you calculated that number, divide your amount according to martingale method and then try it. It will work few times for sure. However, don't increase your betting amount in any case.

You will really loss, its not mean that if you use martingale startegy is a sure win for you . It would really not for in the long run because mostly based on my experience at first you will win but later on lossing . It is not a waste of money if you are just playing for entertainment but the case of you is you play for profit and using that strategy you are just thinking that you will always win . Gambling is a cycle sometimes you win sometimes you loss