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Hello, I know martingale  is useless for long term for dice game  but   if you have a big bank and can support  1 serie of 20 loose, you will always win no ,?
The world record  for the roulette is one serie of  26 red , it will never happen again,the odd are just very low 
So if we   do martingale  with a bank that can support  20-25 loose, we will definitly make money

No. In the game of chance including roulette game you can still get more than 26 red. Make some more research and you will find there are cases that the red streak is upto 40 or some maybe more. Do you think you are the first one to think about this? If this will surely give profit, you wouldn't be able to see roulette games these days as many people will do it and the gambling site will bankrupt

You'll lose all your bankroll if you keep on betting. If you always make money from a casino then there's something wrong with their system.

In the first few sessions you can win multiple times with a huge bankroll but once you hit that profit mark expect the next set of rolls to be losing ones because that's how gambling works.

Having a big bankroll won't always result in a win and decreasing your bet size won't reduce your losses.

This strategy has often been discussed indeed the amount of funds that are large with a bet of 0.0010% of the total balance will benefit,this system is popular in dice betting so its commonplace for everyone to know.In the case of roulette its done often by a number of gamblers but in bad use on one number its difficult,well sometimes it works by choosing black or red.

Tried martingale a lot of times already and it all goes down to nothing. Imagine going on a loosing streak then bet 2x the amount of your regular bet on the 3rd or 4th bet after loosing consecutively. That's not how to make money in gambling but more on how to loose your money in gambling. It may work to others but its not applicable to everyone.

MARTINFALE : call it with its proper name.

It might only work in short period : in the long run you will bust for sure.

Nope.

First of all, there is absolutely no guarantee that you will only lose 25 times in a row. It doesn't matter if you have lost 2 or 25 in a row - with a house edge of 1% on most crypto dice games, you have exactly a 50.5% change of losing again. Assuming otherwise is known as the Gambler's fallacy. The world record is actually a series of 26 black in a row, and millions were lost during this streak as gamblers wrongly assumed (as you have done) that red was more likely to come up next.

Secondly, assuming an initial bet of only $1 (and therefore, a profit on every run of only $1), the bankroll needed to support a losing streak of 25 is $33,554,432. If you are willing to risk $33.5 million to potentially win $1, then I have a bridge to sell you.

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Read up all the links and you will able to seek out the answer.

Lol! Again?

NO!

You’ll risk a 20-25 bankroll to win 1.

Then, if you win 1, you can try again, and you risk 20-25 again to win 1. Until you lose everything.

Bye.

Even how much your bankroll. Martingale will drained that easily. 20-25 reds? that's not the highest red streak i've heard for how many years i'm playing dice. Some experience more than that. They won't call it martinfail for nothing. Even you set your base bet into 1satoshi and let's say you have 10btc. That's not a guaranteed. Gambling won't boom if there is such thing guaranteed.

Even with such ridiculous numbers as a bet of 1 satoshi (1/200th of a single cent) and a bankroll of 10 BTC ($55,000), you still only need a streak of 30 bets to go bust. Sure, you could probably run Martingale for quite a while with those numbers, but run it long enough and you will go bust. But you are just as likely to go bust on your first run as you are on your 1 millionth run.

If Martingale actually meant you would "always win", as OP put it, then gambling simply wouldn't exist. Over time, the house always wins, otherwise the house goes bust and no longer operates.

IMO martiangle only work in short term so if you want quick profit , just martiangle.
If you have guts, you can gamble with massive amount  rather than long term gambling ( I'm ever experience it some time in past )


In long run, I'm prefer using high risk high reward ( winning chance 0.01% )

Consecutive hitting red is only natural martinfail will always be against your ideal profit every time you roll a red you double the bet however constantly hitting red that is unbearable to watch.

But my friend good news you can also do martingale in larger percent of winning.

Good luck.

Maybe you can win at the beginning but I can ensure that nobody can win the house for sure, they can let you win just a small amount for 1,2 or maybe 3 days but at the 4th day if you keep playing dice the same you'll see 30 red in a row for sure and you think you can stand 30 red in a row or not? LOL.

I had an idea to try out martingaling once on PD. They were giving free money at the time so I got like $10 and went on a martingale spree with a very small bets at first to be able to keep it going. I got something like 15 losses in a ro and RIP the dream :D
Many people tried it and technically you can martingale if you deposit very big money like 100k USD and play to win 50 cents, but is it worth the risk and time involved? You're depositing large money and grinding the system to leave with $100 by the end of the day? You could earn much more trying to arbitrage.

You're underestimating exponential growth, and cumulative balance loss. It will only take you 15 losses in a row from 0.5$ to not be able to bet the last bet for profit. You could either stop and leave the site with 32.768 USD, or bet it as a last ditch to get 60% of your balance back.

Basically the chances of rolling 25 losses in a row is very rare, however not impossible.

The issue is that if you want to have insurance and say "Impossible to get 30 losses in a row" then you will need a huge huge bankroll and your basebet will only be like 10 sats.

Basically say you think that 30 losses in a row is impossible, and your base bet is 10 sats then.

10^30= 5,368,709,120 sats which is basically 53 BTC. So its a crazy huge bankroll and risk just to make a gauranteed 10 sats win.

Not worth it.

Except it's not guaranteed. If it were, I would remortgage my house and use the funds to set up multiple bots on multiple betting sites to constantly run Martingale and make me a constant guaranteed profit. Doesn't matter if the payout is only a few satoshi each time - with enough bots I can make thousands of bets per minute and turn a huge profit. But it doesn't work like that. Run the bots for long enough, and the only thing guaranteed is that they will all go bust.

Why don't you try it with very large bankroll and tell us how it went for you?

Go out there and risk couple of thousand dollars to win few satoshi, but don't come here to complain when you reach max bet limit, lose all money and realize how stupid was to try martingale in first place  ::)

Well i don't think there are a lot of streaks that go 20 rolls, whether it's a win or not. If you have enough money to play for 20 losses, and that would be a considerably big amount, you have higher chances than most dice players.

How can you say that 26 red or maybe more will never happen again? Although the odd is so low but the chance to get such long red is still exist. It it does really work as you said, all gamblers are all rich at the moment. Popular lesson learning in gambling is that "dont try it to make money". Even if you have so huge bankroll, but it is not guaranteed that you will make money with above strategy.

I would say no.. But it depends on the way that you like to play dice, and the risk / management that you have for it.

I have already tried it, and it is not thaaaat profitable as it seems, maybe you can earn, and then you lose, just like it happens with any other dice game without martingale.

Do not also forget about the fact that almost all casinos have a max bet option, doesn't matter how much money you have they will not allow you to bet on 200 btc+ for a wager in most places.

Of course there is no possible way and in martingale you literally always lose because of the house edge and you should know this by know and everyone has always kept saying this but because some people think they found something special the casinos keep making profits from the idiots. No, you will not be capable of winning all the time just because you have a big bankroll, that only helps in poker type of games, on dice calculate how much you would have to spend on a bet when you are on a 20 loss in a row, which is still acceptable because 20 loss is quite common, think of 30 and 40. There are very very few people with that much money, unless you intend to start with 1 satoshi each bet.

Keep deceiving yourself and you will never be able to get anything but losses in the long run. No matter the big bank you want to think you have, there is something they call long streaks and you need to understand that when it comes to martingale, at every point in time, you are doubling your chances of losing the more, with just only a small win.

Put the odds together and you will realize it is a whole lot not in your favor at the end of the day which is why it is always easier to lose big while having the chance to win small. There is no strategy that can make you win big in gambling, and no matter the strategy the chances of losing is still always going to be higher than winning.

This strategy has been discussed many times before and as others have said this will not work.  There are two main issues:  1. bank roll isn't unlimited.  2. Casinos have maximum bet limits

I know a streak of 20_losses seems impossible but it does happen and unless you have a near unlimited bankroll you will get cleaned out.

Casinos have max bets to actually discourage whales from coming in and doing this strategy.  All it takes is a few huge bets and a casino could be in serious trouble.

Do not be so sure. Even though I sure I have not seen long streaks before to the length of twenty, but man, it is gambling and the last time I checked shit happens. Also, no matter how much you have in your bank roll, the chances of losing more is still big and as a gambler, you should always be ready to set a limit for yourself. Let's say for instance you are even betting 1 sat at a time with your big bank roll, it will only take few streaks before you will be losing a whole lot, when you add it all up together. You should understand that your losses keep doubling up, and exposing yourself to that level of risk is not a good thing in my own opinion.

This method already discuss with plenty and many people has been trying martingale method but eventually they were lost although have huge bankroll and i personally disagree with your opinion about consecutive losses and i don't dare to sacrifice my money to 20 or 25 consecutive lost for 1 times won use martingale

Tell me something bering. You see all those posts in the thread saying the same thing, that the subject has been discussed many times in the past, and you still come here to repeat after them. Have some decency and put more effort into your shitposting. :P We all know what martingale is, there's no point in going over that a thousand time.

Martingale strategy may work sometime but not all the time. It may work for you at that time you used that strategy but it will not work for me when I use it. Why stress ourselves with what strategies to use when we gamble when all we need to do is just have fun and play. Yes we aim to gain money at least in gambling but we also know that the house always have the edge so why bother beating it. Just have fun and play.

Martingale is useless, do not try it because you are going to lose a lot of money

Better to stop with it, because it is a nonsense and all what you are going to get, is just a big loss like all the other people that tried martingale before.

Seems possible if you are just going to think it but if you ever will try it with reality, you will lose all of your bank roll for sure. Just look on how many replies here telling you that its not going to work, yes we do gamble here and we tried out martingale.

But its not going to work as you are thinking, that's not simple as you think. Potential winning is unlimited, yes that's right but is your bankroll enough to cover your emotion and triggering effect if something goes wrong?

This strategy will not work most of the time, a 20-25 loss betting is still keep you getting loose ad it is very risky to applied this method since most online dice casino has limitation on betting. Huge bankroll does not guarantee to have profit of this strategy.

The martingale strategy won't for a long term, its because the casino got advantage with the house edge, many modify martingale strategy has been tested by the professional gambler but nothing work for long term, huge bankroll doesn't guarantee profit but it could be factor that can prevent you to lose money, bigger bankroll means you can lose more times and it means you increase your chance of winning back

i remember one time while i was playing dice game and hi lo game , i always applied the martingale strategy to my moves and believe it or not it did actually work . i improve my winning streak but that didnt last for a long time  because the longer i play i notice that my loosing streak did also go higher and i guess the system detected my strategy  and that prevent me from winning the game again   .   now , whenever i play gambling , i dont use any method anymore because i already convinced that gambling is purely based on luck and not on skills or any other known methods .

Yes, unless that person has a big luck in the dice game. I am sure that in every gambling game, we can win the game if we have the best luck and I think we don't have to use any strategy to win the game because of we have a luck inside us. But maybe that person can win the game and I hope that he has a luck too. For me, to play the dice game, I don't need any strategy to win because my chance to win is not too big and I think I only get lost so it's better to enjoy the game only.

Luck won't come everytime. So even though a person has the luck while playing dice but if he is greed enough, don't want to stop while ahead, for sure the bad luck can occur and ruinned his balance. Luck itself won't help. The ability to control emotions/greed must be there as complementary.

This is why many fail to realize that they are better off just doing reverse martingale instead.

Basically you start with a very small bet size, and after every loss you never increase your bet size, even on a win streak, you won't lose more than your base bet.

So if you have a base bet of 1000 Sats and you have the stomach to hold it until 20 wins in a row and double after every bet you would win almost 3 BTC with a very small base bet.

However most won't do this due to impatience and would probably stop at 10 wins or so.

Martingale is more of a myth rather than a strategy and it doesn't work in real life or even worse in computer controlled games like dice. You will only lose money with this so called strategy and it isn't even worth trying. It is only an illusion to some people because it may work for a short amount of time and they may think they found the el dorado but soon after that they will realise the big loss which is brought by Martingale. Forget about it.

The strategy will NEVER work. No strategy ever works in an EV- game. Technically a successful strategy is one which can give endless profits even on the long run. Thats false for any strategy against a game where the odds are against you. Thus MartinFail is also among them.

Only if a person is wise enough to stop the game in between the green streaks would they be in profit. That too if they dont ever come back with that money to any casino or any other risk based games. But most people are greedy and fail to do so and would just try to play more to win more. Like I said, even if the casino will limit the maximum payout they will still try to play and lose.

Yeah losing strikes 20 times in a row maybe it really won't happen in dice, but who is the person who wants to risk big money to use that method? because the risk is very close to you if you use that method? you can just lose all your money in a short time with this method?

Not definitely but most likely. But do you know what money you are talking about, and how much you would have to risk while making the "money"? Well, I can present you with a rough estimation. By using AUTO bet you can make around 10,000 satoshis per hour with this method while risking to lose 0.33 BTC in 10 seconds. Now tell me is it worth it? If it is still not clear, I can give you more details. Playing 10 hours per day you'll be making 100k sats per day, so you'll need almost a year to make 0.33 BTC, but during that period of time you will most likely hit 26 reds in a row.

Fine, but how long will it take. Say, you have a bankroll for 25 losses, your starting bet will have to be very low compared to the bankroll. If you play with a bet of 1 dollar 11 losses will make you bet 2k USD, then 4k, then 8k, and we aren't even half way. Now if you finally win betting 16k(?) all you've managed to do is zero your wins and losses. You've spent some time playing, risked more than 20k USD to win 1$, but you've failed and still have 0. That's a hell of a plan!

Agreed, even 1satoshi base bet, you're going to lose at the end. When I was new in dice, many are using martingale even HR but nowadays it's rare to see someone using martingale especially HR. We know how deadly that martingale is. No one would risk, let's say 5-10btc for 1satoshi.

Yes, there are many other things that we need to know when we were playing gambling. The greediness will come too besides the luck and always tempting us to continue the games and say that we can win in the next round. And if we are tempted then we will continue and finally, we cannot win the game but we are losing much money. Perhaps, martingale can gives winning to the person but he still needs to have luck because gambling does not depend on the strategy only.

It can and will happen eventually. Anything is possible in an game of chance and you will lose your money if you play for the long term. Since in the long term all the probable odds are going to appear considering the rolls are totally random, this is very much possible.

Risk is there in every method. Lower the risk and you will lower the reward as well. Its all a risk vs reward scheme in every luck based game. ;D

You can even lose your money in a single roll is you are not lucky enough. We have seen people rolls 25bitcoins and lose it in the first and then they never came back. :-[

It is not a bad idea but I don't think it will ensure you a good profit as we know how martingale quickly erase your money.

Martingale is a great strategy, a lot of gambler won a lot of money using the same strategy. The only problem with this strategy is that it needs a lot of money to be gambled with as you bet and lose, you will be doubling the amount of your bet in which let's say you are gambling and using a BTC. You are in a losing streak with 20 bets and you are gamble starting with .01, just imagine how much you are betting now with that losing streak.

Martingale isn't a great strategy but rather a very common way on how to play on automation which most player do make use and it doesn't really matter on how big your bankroll is
since the results or outcome would really be just still the same as long you are fighting with House edge then losing money is inevitable unless if you are lucky to win and able to get out
to secure those funds.

There is no two ways about it; there is no amount of strategy that will ever give anyone an edge when it comes to gambling.
As long as it is gambling, there is nothing you can do that will give you any huge reward from it except to face reality and know that there is absolutely no way you can use martingale forever without ending up screwed at some point in the long run.

Making an effort by all means to win in gambling is one of the reasons why a lot of people tend to make horrific mistake of exposing themselves to huge loss and high level of addiction in gambling and that is one thing that needs to be carefully considered.

It's useful when you want to make quick profit in short term.
Like I'm ever did few months ago, I'm using 0.01 and earn 100.000 sat in 5 min and I stop gamble to prevent loss in long term. I know it's small amount but believe me, 10% already more than enough for me especially when you're daily gambler

I agree that increasing your bankroll by 10% is very likely with martingale, but we shouldn't forget that it is as likely as with almost any other betting strategy. For example, you could bet your 0.01 at once with 90% win chance and win 100k sats in one second. Or you could make 10 bets with 99% win chance and obtain the same result within 10 seconds.

As long as it takes for you 5 min I presume you are using martingale on autobet with 50% win chance and 100 sats as initial bet. It would take only 12-13 reds in a row to lose all your balance. Odds of losing 13 bets in a row at 49.5% win chance are once every 7198 bets, or, in other words, with a probability of 10%(the probability of losing all your balance at once in my first example) you can hit the losing streak within 720 bets, and to earn 100k sats you'd need to make at least 1,500 bets.

If there was any method that always made a guaranteed profit casinos would go out of business and there would be no where to gamble.  It just comes down to luck and there will always be winners and losers.  Don't try to over think it because the house will always have the advantage, you may be able to increase your odds a bit but it will never be in your favor. 

Yes OP, you'll definitely make money and casino will go bankrupt, somehow that doesn't happen despite the fact that a lot of people had that idea if not even better, you aren't the only one in this universe who came with that "excelent" idea. If you want profit from casino, then you are in a very wrong way. Only casino owners can profit. If you want to gamble, then just do it for fun, not for profit.

Absolutely, but too bad there are still many people believe that there is a strategy to win in a luck based game gambling. It is probably because they are new gamblers who start gamble because they watch some videos of winning strategy or article about such strategy. In fact what they watch and read, usually aimed to get referrals. That's why many people shares a story when they are winning while using a strategy but obviously they wont share when they are losing money.

Right, if there is a kind of strategy that will always win you, it will probably make everyone continue to gamble with the same strategy. Lol! the one that makes you win in gambling is pure luck, while a strategy is only a plus for those who have experience.

You are correct because people who want to try their hands in gambling attempt to google search something like best gambling strategies and the first site that opens has a referral link to the biggest bitcoins casinos out there and a proper description of most probably MartinFail and some others. Fueled by the false idea that gambling can make them rich within seconds and getting such a "strategy" they start to roll their dice.

What they fail to realize is bankroll management and it soon ends with the same balance they started with before depositing.

So many people usually do not always understand that and they think with some strategy, you can simply just keep beating the house edge to it. It is plain simple; martingale exposes you to more chances of losing than winning. Let's say for instance you are starting with a base of 1, you keep doubling it up on every loss, and at the end of the day, all the losses put together will only end up giving you just 1 satoshi. That seems like an unreasonable risk to be taking, thinking you will have a huge chance in the long run. At the end of the day, you will still end up on the wrong side of gambling which is loss.

I agree on that.

If there is something that will make a lot of gamblers win a lot of money in gambling, there will no gambling sites nor casinos that will continue to function since they will just always lose in that kind of business. In reality, a lot of people want to open their gambling places since a lot of people are wanting to earn money out of it but it is really hard. It is usually the owner that win more than those who wishes and gamble to win. Martingale is a great strategy but don't get me wrong, 100% lose streak is also a possibility and you will not know when will this hit you.

I don't think so with these calculations are precise ones yet in all of my experiences on using martingale those probability wont really able to hit up anytime specially
you do talk some number of bets which I didn't able to hit those bets but I do still able to hit that losing streak no matter what.This proves out that
theres no assurance if you do wait up for those number of bets.

It happens,I've seen rare post of it before that shared his disappointment in dice. I barely remember if its on this forum or from another.

There are this type of person that are willing to go on risk with big money and these people doesn't have anything to do with their money so they are all in for this strategy. But for average gamblers, we won't use this strategy anymore.

Mathematically it is possible to win a huge amount if and only if you have a huge bankroll, actually infinite bankroll and the maximum bet payout from the house is also infinite. Both of these in real life and impossible and ideal situations that wont exist. So even if you try to run it anyway you want after some greens reds will follow.

Its not important to run a strategy and in fact there is no guaranteed winning method in games of chance, rather its important to manage your bankroll properly.

because we don't know, how many consecutive defeats can be obtained in a dice site, because I once used this strategy and a small bet amount with sufficient capital, but in fact I could lose in a row more than 8 times and make my capital run out, there is no strategy that guarantees you to win

If something is possible mathematically then that also should be possible in real world otherwise it denotes something somewhere is going wrong. I mean to say that we have not tested martingale strategy in "complete" theoretical manner. It means we need a random number generator or a real dice to make sure how many consecutive red may happen and for the other criteria, you just mentioned.

This is where gambling sounds like a trading environment but in trading also we are not able to make sure-shot winnings. Hence, nothing wrong in martingale strategy and as well with gambling houses. Still, we need many other factors to favor us to win consistently.

There are entire branches of mathematicas that are theoretically possible but not possible in the "real world", as you put it. Complex and imaginary numbers, for example. You can't show me (2+3i) oranges. It is possible to mathematically guarantee that you will always win with Martingale - all you need is an infinite amount of money. In this case I could ride out any losing streak, even one that is infinitely long, without ever going bust.

Unfortunately for OP, he does not have an infinite amount of money, and so the longer he uses Martingale, the more the probability of him losing everything approaches one.

The expected values in the game are not going to change just because you can endure more losses, this only means that you will be able to play for a longer amount of time using your martingale system but eventually like everyone that tries that system you will go bust, the math doesn't change just because you can lose more money, it is true that it is going to be very unlikely that you are going to lose that many times in a row but if you keep playing you will eventually lose.

People have tried to martingale system probably since gambling games exists and while in the short term you will definitely get some profits you will eventually lose it all so it is better for you that you forget about that idea because it's not going to work.

This is the case that you need to have unlimited money to try this strategies which actually is not really possible unless in starting itself if you win it that it is your luck. So practically speaking play for fun and if won enjoy the money and move out and not to become so greedy that even the winning amount is lost.

You will definitively make money until you collapse against a 26 loose serie. Then you lose everything.

And you have to understand something:
2^25 is 33 millions dollars.

Are you ready to play roulette or dice with 33 millions on your account by making a martingale bot?

At the very best you'll earn what? 3 or 4k$ on an hour?
You're ready to risk 33 millions dollars to earn maybe 3k in an hour? While knowing if you're really unlucky you'll lose your 33 millions?

i'm not.

Like I said already. There is no sufficient capital for running a successful martingale. The theoretical value should be infinite and thus you will never be able to do it. A large bankroll might be possible but thats relative as to how much? Even the biggest pots can break with a stream of reds.

Mathematics is based on a number of assumptions. Not every assumption is correct but they taken for granted because experimental results tally with them - thats how different results being used in branches of physics and engineering came to existence. Being not able to produce it physically is simply because you can establish the prior assumptions. Bring in an infinte bankroll and a casino that has no limits on maximum possible outcome bets and see how it works out.

I disagree, trading is not similar to gambling. Its different on several aspects. But thats a topic for another discussion.

Even with a huge bankroll, you won't last very long with Martingale.
I think you're grossly underestimating the prevalence of losing streaks, it's not too rare to see a 10+ turns losing streak.

Then couple that with the fact that you're taking pretty significant risks, just to win ver small amounts of profit each time.

Yeah, I'm not a fan of Martingale personally.

That's right, with just $1 as initial bet you'll need over $33 million to beat a losing streak of 25 reds in row. That's what many people forget about when they start autobetting with martingale settings. They think that $500-$600 on their bankroll is more than enough for not getting busted because they "know from their experience" that it's extremely rare for a coin to land, say, heads up 5 times in a row, let alone more than that. But they leave out of account that they never make thousands of tosses per hour in real life.

This is very risky because you need to build a bankroll that is big enough to cover the martingale bet.
I would say, this method is so risky and I would not try this as we do not know our luck, anytime we have beat the work record of losing streak.
One thing I just want to say to you, don't be so greedy in gambling as you will only lose more.

Forget any strategy as when there is a house edge, you'll never win.

The assumption that martingale is profitable does not stand if you dont have an infinite balance and the casino does not have any restrictions on maximum payouts. You are confusing huge bankroll with infinite bankroll. The two are not same.

Even if you have a huge red streak there will be a green after it. Question is: Can you sustain that red streak to hit the green at the end to continue the martingale? Answer is Yes if you have an infinite bankroll and No if your bankroll is within finite limits.

Another point to ponder over : since we assume a mathematically profitable martingale to be starting with an infinite bankroll - ask yourselves if someone has infinite bankroll why would they gamble? ;D ;D

When you are playing a game that is based on pure luck, you will going to still lose even if you do martingale. This is because the casinos have already setup that at the end of the day they are going to win because of the house edge advantage.

However, if you win big and cashout, then you are really lucky but the house will still be able to recover from other bets of other players.

What many gamblers do not realize is that even an infinite amount of money is not going to be enough to make the martingale system effective, casinos have table limits precisely for that reason, if you use a martingale system you will need to increase your bet more and more and eventually you are going to hit the table limit that is established by the casino and once you do that you will be unable to recover the money that you have lost with your martingale system.

Casino owners are not dumb, they know their games and they know the strategies that people could use to try to make money in the casino and probably the most tried strategy is martingale so they have created ways to protect themselves from people that have big amounts of money.

Even though the odds for hitting 26 reds in a row on dice game with a 50% win chance might seem low, but there is still a slight probability of that scenario to happen, and even if a player does have a huge bankroll to use the martingale strategy on dice sites, it will never work too as there is always a maximum win limit set by the casino owner. So I believe as long as a player continues to play for a long period of time in the casino, they will eventually lose to the casino no matter what strategy they use.

First of all never trust an online dice game that they will not roll 33 or more times always a lower or a bigger number because they can do that and screw you because they are computer software controlled. They don't have a memory of how many times it rolled a lower or a bigger number and do not care about statistics at all.

Martingale is dead from a longtime, it is just an old myth in the gambling scene, you cannot really apply any strategies to win in gambling, it is just luck that matters.

The randomly generated sequence will always be UNPREDICTABLE hence you cannot say "that cannot happen" or "that can happen". 33 or more times of consecutive up or lower may happen to me at the same time that software may not generate same set of things to you, because, it is based on some algorithm of random number generation. Purely in other words, ANYTHING MAY HAPPEN. That is the actual reality and happening with most of online dice gambling houses.

A mathematical thing cannot go dead, I am sorry. It may not be useful for you to crack profits. That's all. When luck matters  in an environment, you cannot be depending on something to get your preferred results. When moment of luck is highly randomized, your results also will be randomized. Simple ;).

I agree with you. Although it looks like almost impossible to hit such a long losing streak, it happens, especially when players are using auto betting on sites with high speed. There are sites where you can make 7 bets per second.

7 x 3,600 x 10 = 252,000

With 10 hours of autobetting you can make 252k bets in a single day. It's roughly a million of bets in just 4 days.

Odds of losing 26 bets in a row at 49.5% win chance on a site with 1% house edge: once every 52 million bets. So, playing like this, you will hit the losing streak within 6-7 months almost definitely, and of course you can hit it much earlier.

House edge is not technically an "advantage". It is the edge that the casino has due to the design of the game of chance over the player. In other words in every EV- game the odds are against the player and so even if they do whatever mind-boggling strategy they will lose at one point be it short term or long term. The casino does not have any "advantage" over its players. That would be cheating.

Most big winners actually end up losing the amount they won because of greed. ;)

That is not cheating. Probably you are misunderstanding how house-edge is working, it is very much similar to having an extra advantage against your opponent. Yes, gambling houses are having extra advantage against every gambler in the name of house edge.

In normal environment, you and your opponent are having exact 50% chances for winning for any gambling. But, along with the house edge the chances go like (for example) 60% to houses and 40% to gambler. Why not we call it as an advantage to houses?

But why am not ready to call this as a cheating, because we are accepting those house-edge before playing with any gambling houses (or at least we are all aware of something which is existing). When some rules and regulations are informed well in advance, we cannot call that cheating. If we prefer and accepting those rules filled environment, we may go for playing with them otherwise we may opt for staying away from them.