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In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

Would that make a huge impact to your funds? I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.

To be honest, no. As you use this strategy for a long time, you will be quite determined to get back your losses and take profits. Another thing is that this kind of strategy is so stressful to your money since the more you lose, the higher your bets will be and you never know how losing streaks will hit you. It is effective to some that modified it, but in case, it is not that good since I don't have that good money to start with.

The concept makes sense, you will get back all your loss after a win but what if bad luck strikes you? This is very risky, if you continue to lose(this will happen), you will eventually run out of money. I think you can use it for short term, not until you lose all your money. And what if you reach the table limit? It's dangerous.

For the nth time this is asked once again in this section. The answer has been mathematically proven countless of times that it is not good at all. Martingale Strategy is not sustainable. And if we consider the house edge, you are simply dragging yourself into bankruptcy the longer you use this strategy. Martingale is nice if you have unlimited funds, which is not even close to possible, isn't it?

Do not be greedy if you already win and then double your bet or vice versa, still we have to do a good strategy in playing dice bets can be changed a little I think it's not a long problem also in returning from defeat it's important you don't lose all the money because it's risky if you are not lucky.
I won't double the bet when I lose because it's a big risk for me but I will change the bet a bit maybe winning a little is not a problem as long as my funds go back to play the dice and get a profit.

Must control your emotions in playing gambling dice.

For me, I will say NO. Because if you are wondering to win when double bet of your previous lost fund then your capital would ZERO. Double bet means double loss besides of double win. It would broke your mentality due to huge lose. Better if you play with patience. It's a kind of greedy behavior which would lead you to ZERO portfolio. Everyone should recover lost funds instead of think about profits. Especially those gamblers playing with small funds they should be more careful about double bets.

In the first few losses it could be a good strategy but not recommended because once you've reached five or more losses I think that's where things could go bad as the next bet takes up a big portion of your bankroll.

My experience with the reverse martingale is the same with martingale, you don't lose your bankroll too quickly but it feels like you're going to lose most of the time depending on how far you want to push it if you win several times in a row.

The martingale system or the reverse martingale system(which is basically the idea that you have of doubling your bet when you win and not when you lose) do not work, you have the odds against you and no betting pattern is ever going to change that, if you cannot figure out anything better than that then just accept that it is impossible to make profits in that game for you, also the reverse martingale is very difficult to apply psychologically, imagine that you are getting good profits and after 8 winning bets you lose and you are back at the start, at that point it will be very difficult to not try to apply the martingale system making you to lose your money at an even faster speed.

Well, most of them are against martingale strategy but perhaps for me, it will depend on how lucky you are. Gambling through dice or even in roulette are base on your luck, --I have never tried this strategy because I know it will require for you to have a huge number of a fund to recover your losses every time you doubled your bet. Indeed, it is always good for you if you will always set a limit that you can afford to lose.
You can try it once because they say that it is the fastest way to earn a profit or something reverse the fastest way to empty your bankroll.

Depends on your balance. The double strategy only works best if you have a very very large balance and your starting bet is quite small. But, there is still no guarantee that that you will be making profit due to the house edge. There might even be a scenario where the next 200 bets you place are all red (though very highly unlikely, but still the chances are never zero and might happen).
Think and try to simulate the calculations mentally and you will see if it is actually going to cause a huge impact on your funds?

Depends on your luck, sad to say. There are instances that it would be a good idea to regain your loss but if you won't be lucky enough, the loss would be bigger obviously. So maybe, playinh it 'safe' would be a good idea. But it would depend on your 'feeling', some gamblers do trust that feeling whenever they are playing, it turns out to be a good idea to some and not to others. Bottomline is that, gamble an amount you can afford losing. This should be kept in mind especially if you are highly being affevted by the outcome whenever you gamble. Just enjoy the game and whatever the outcome is, do not have regrets, which would be hard to do if you are really expecting for a win, which could lead to frustrations.

We have a different techniques how can we make more earnings and profit some of the people makes focus to become play safe they are continuing having a same bet to all of their games and they set a limit of their income only so they still have a profit also there are people that is really a risk taker they make a lot of wage to make more profit easily and some of their techniques is double the wage after they lose and this is one of the basic strategy in gambling but still it depends on your luck how will you manage the situation if you think you are confident it is better to wage more but if you are still doubting about the possible outcome it is better to hold back, being conscious about your money is a weakness it is a strategy how you will make more money.

For me if you have ample money then only it can work for you else you may lose so much money that you would have to suffer in coming time. Just consider you have a certain amount and couples of times you keep doubling and you keep losing it and in the end you are done with the money so the result is that you ended up losing itself because you never know that quote possible then doubling for 5 -10 times you may win once or so. It’s a risk reward ratio if you own that much money can be worth it.

In my own personal opinion, using a martingale strategy is sometime effective to recover all of your winnings, but it is really risky because double your bets can only be good depends on your luck. But if you think that you are not lucky it is much better to stay on your regular bet for you not to lose more money.

It depends on what kind of game you're playing. Is it skill-based gambling or luck-based gambling? Because the Martingale Strategy is not applicable in all games. As different kind of gambling platform have also different results so you should be careful in making decision before playing. The probability of winning in gambling is not uncertain and for sure it is small compared to the probability of losing. If you will gamble, you need to be strategic and you good decision making in order for you to dominate your next move.


It is applicable if you gamble in skill-based casino because somehow you can control and decrease the probability of losing and you can increase the probability of winning so that if you double your bet, the chances of winning is manipulated. While in luck-based casino, the winning percentage is constant and you can't do something about that but to trust yourself. That's why it is very risky to double your bet and that results to another loss. If you're lucky enough, it is okay, but luck is uncontrollable and unexpected so be careful in making decision so that you will not get stressed and regret doing the Martingale Strategy.

The problem with this strategy is that if you keep on losing and every time you double your bet money, it will make your lose even more. And if you have limited budget, you will soon end up with shortage of funds for this investing double every time. This may work sometimes but one day it will make you lose all your money.

Using a martingale strategy is really a risk because you cannot really say whether you can win back all of.your losses by only just doubling your bet, that is why i suggest you better stay on your regular bet to be safe and to avoid having huge amount of money or losses in gambling.

I am sure that it has been discussed many times in this thread that Martingale is not good for long-term as you may eventually end up being bust. In casino games, luck plays a major factor. If you are unlucky you'll have a long streak of loss which will cost you a shit load of money. Martingale Strategy may come in handy if you are good at Sports bets but never for casino games and dices. The best strategy is knowing your profit/loss limits and get out when the limit is reached. Don't press your luck too much. 

Yes and indeed there is still a chance to lose again after losing and therefore, bets must be fully calculated from the capital owned so that when we lose the first roll we can at least double the bets on several rolls until we get the win to finally start with the initial bet again and so on. This strategy is indeed very risky to lose capital quickly but if we can adjust the rhythm or timing of bets on each roll, then I think a strategy like this is very good to do.

Still you are in great chance of losing the bet again so I will prefer multiple bets over the multiple bet amount which can gives better probability on number of winning bets.So everything ties to your luck so just do what you wanted to do and accept the results as well.Remember multiple high lost bets can make you stressed.

It's a really bad decision, and it will indeed have a huge impact on one's funds, just not the good kind of impact. The problem with martingale is that common sense seems to say it's a smart strategy, but the probability theory is not exactly common-sense, so one ends up losing. What makes it especially dangerous is how fast the bet amount becomes huge, and each time after a loss a person basically chooses to lose way more in a mere hope of winning at some point. Doubling the win bets is not great because if you one this bet, it doesn't mean you won't lose the next one. Stay away from martingale or experiment with an extremely small amount of money.

You can't apply martingale when you are winning . You can only increase your base staking amount. Martingale works to recover your losses with profit at any time you win. You must have a good equity before applying the strategy so you don't get stuck in the middle in case the losses are many.

you will win what you lose of course it will work. for sometime. never have i tried 10 loss rolls in a row and this would be very costly using BTC but with altcoins its feasible. TRX is my favorite while doing this strategy. i loss and i win. its gamble still.

This article (https://www.roulettesites.org/strategies/martingale/) shows the disadvantages of martingale very well in my opinion. 
Simply put: It has nothing to do with the used currency, martingale busts your stack in no time when you are on a losing strike. Imagine a game/sports bet/... where you start with 2$. After 5 losses you have to wager 32 dollars if you follow the martingale strategy. Doesn't sound that much, right? Beside the fact that your balance has to be twice that amount, 5 losses in a row a pretty common, it happens in 1 of 31 games in a game where chances are 50% that you lose (0,5 ^ 5).

Imagine yourself being very unlucky and lose 10 games in a row (happens in 1 : 1000 games roughly). This is the time when martingale shows its evil side. Your next bet has to be as high as 1024 dollars (2 ^ 10) and you have already lost 1022 dollars in the game. If you lose another you have to wager 2046 dollars and so on. We were talking about a pretty fair game where your chances are 50% that you win, in games where this chance is lower (like betting black or red at roulette eg.) chances are higher that end up with 10 lost games in a row.

Another huge disadvantage of martingale is that games like roulette usually have table limits. If you follow martingale and reach the table limit you wont be able to compensate your losses.

It is both good decision and bad decision. It is a good decision to whoever got lucky/very lucky and bad decision to whoever is very unlucky person. After losing then you double it and then the result is satisfying then it's good and you recover the previous money that has been lose and if you lose again then it will only triple the amount that you lose which is not good. Strategies don't work all the time.

it is always a bad decision, maybe you will be lucky to win few times in a row, but eventually you will lost two, or more times in a row, and that will certainly be a lot of money, due to progression that double betting has, with more than two lost games in a row, so I would not recommend that at all, or say stay out of the idea, gambling should be fun, not serious condition

Just by understanding fully what house-edge means, you can take a picture by yourself if a martingale is an effective way to apply in dice, slots or any casino games. Even if we say 80-90% winning chance, it's not an assurance that we can nail that round.

I know you are already aware of some gambling tips, tricks or any advice so I think martingale is not a new term for you. If you see martingale as not an effective way to apply in gambling then trust your own view and thoughts. It will save you a lot.

The same goes for other betting methods.

Actually, Martingale does help in the short term if luck sides with you in my experience. I have recovered my losses many times though I always set stop limits without going overboard since no gambling strategy helps in the long term.

It is a fun way to enjoy gambling as long as you set stop loss limits and profit target. Martingale does work in the short term which is why it is not always a bad decision.

Perhaps you will eventually lose your fund to this strategy because it has happened to me. This has been my strategy some few times in my earliest days in gambling but was not too good for likened. Although, anyone can give a try to this strategy, it might be rewarding and it can still be the worst anyone could imagine in the world of gambling.double your betting when you lose means a probability of you losing the more even after your tenth lose. "Ensure to gamble what you can afford to lose" because it hut more when you lose more.

Don't act on emotions when you lose or win in gambling. Most people get frustrated when they lose and try desperately to recover their loses. This is hardly a strategy and there is a very little likely hood of the gambler profiting.
If you're confident of your next bet being successful then you can double your wager, this should surely be dependent on your assessment and not the desire to recover your capital.

I've tried martingle a lot of times and it will not be effective in the long-run. Eventually you will lose all your funds which happens to me most of the time. At some point if you kept losing you will have to resume at a new bet and stop chasing for your loss.

You are in the forum for quite a while now so I guess you encounter already those threads that asking how effective martingale is.

If that's effective and can boost your earnings, that should be popular by now we can always beat the house whenever we desire.

Gambling is gambling. There's no such thing as always winning.

This strategy will eventually lose no matter what people say. However I have tried this with sports and I have had success with this as most times then not, teams don't lose many times in a row like we see with roulette and dice games. Yes teams can go on a losing streak however I haven't had many losing streaks like we see with roulette and dice.

Martingale will only work few times. So chasing your loss might really put you in a terrible situation. It depends on the player, if he can still afford to lose the next game, he can proceed. But if he will loan the money just to play again and hoping that he will win this time, better stop it early. Winning is not a sure thing in gambling. That's why a lot of people are in deep debt because they believe they will win the next time around but unfortunately not.

Using martingale strategy in gambling is not really at safe, still in 50/50 and more chances that you'll be losing.
Thinking about how to recover your losses in here, there is no such effective strategy that will work perfectly or at its near because we know how gambling gives you a percentage of winning and using that martingale strategy will also be a reason that you doubled your losses.

If you lose you 1st bet, 2nd, and 3rd...better to go home. You don't have luck this time, come back tomorrow maybe you'll have that chance.

Basically playing gambling depends on luck, even if we are not lucky the funds we have will be used up for it.

The strategy said by the OP could have a good end but if when playing gambling together with luck.
A good strategy in my opinion when having a little win to not bet again.  There must be a pause and play it another time.

I think it is just as worse as burning your money/funds and just has the same concept as giving away your money to no one and having nothing. The martingale strategy is just a mere test of a dumb luck and betting double after a loss is too  risky. For me, I bet just simply once a day and not in a constant consecutive hours as it would lessens the risk of losing anything. It was my way of testing luck and also a minimal way to discipline and avoid myself against addiction.

Therefore, never try betting double after a loss. It is just an epitome of risk.

Martingale strategy or double your bet when you lose often I use when I play gambling. It's risky if not be careful,
we can experience double losses too. Therefore do not use this strategy too often, and also must understand
mathematical algorithm when using martingale strategy. The strategy in my opinion is only suitable for professional
gamblers, newbies should avoid using this strategy.

This is always a reoccurring problem when you desired to bet over and over again, and there's no assurance for us to take that lucky shots. It will always remain so unpredictable and even you're doubling up your bets to take any potential wins, that will no guarantee 100% outcome. Better think for fair results instead of seeking serious actions towards gambling in order to win successfully.

Do you see a successful bettor winning constantly by using the martingale strategy? those people who use this are really transparent for their result?

Since for sure its 100% no strategies working even up till now and those winnings are base on pure luck and never ever do double your bet once you lose since it will be a worst time on your side when you frequently do this things up just play in moderation and enjoy the game slow, being greedy is not good in gambling just be settle to earn less than losing.

It's effective if the proportion of your initial amount per bet is too small compare to your capital. It's too risky to do that with automated bet because the house edge can make you zero within just minutes and for sure it's too difficult to stop as the machine places bets than the speed of your thinking wethere what decision you should take place. I myself is using martingale strategy but I don't stick with thus house edge can't predict what I'm thinking of.

The longer you use martingale the less effective it become. I only use it for a few rounds and stops when I win. If I continue losing I stop. I tried doing it with small amount and continuosly  lost until my balance went down to zero. It is still best to either combine different strategies or stick to your own gameplan.

There is always possibility of losing and expecting continuous win is clearly a day dream. Some people could suggest you to ride fast with your good luck but you can lose all your winning money just in one bet too. As far as i know professional gamblers don't like the idea to put all their money in a single bet or not hardly depends on luck rather then own strategies.

A big number of early gamblers who are new on gambling lose entire fund due to following the way of being a millionaire overnight. I am damn sure that gambling platform owners love to get this kinda over ambitious gambler on their platform regularly.

I have this kind of strategy but it is a little bit different from what you have posted. This is the strategy that I read and this apply only to those gamblers who have good amount of money.

They will bet 1x and once the lost they will bet again 2.2x and once they lost again they will bet again 6.6x and so on but if they will win they will roll back to 1x again. The profit is not that big but if you will continue to gamble like this, you can surely profit as long as you have good amount of money as your capital. The idea of this strategy is to bet your loses with additional bet as your profit, then roll back to the lowest bet once you will win.

No one can crack the system, you can try all those tricks but in the end you always lose. I have also tried it in many occasions it does start with positive outcome and as the game progresses it goes against you. It only works for short duration and not for long streak.

Might be or might be not but at least don't try it with great risks because it will deplete your balance in no time if you do it consecutively, a micro bet can be applied in this strategy, not the high-risk bets. Auto-bet isn't an option too.

The longest lose strike that I have experiences is 8 it was back in my newbie days.
I could say that experience is really the best teacher because of that incident I found out that this kind of strategy always have a limit and we couldn't use them for so long.
And about OP's suggestion it would really be a huge risk just imagine how much your bet would be when you have a win strike then at the end you would lose the result would only be the same.

It is too risky and should not be tolerated in gambling because in just a snap of a finger, you can probably lose another amount of money and it is doubled. Always remember that the percentage of gambling never exceed about 50% so the probability of you winning is only 1/2. If you will just bet twice the money that you've loss, and you still lose again, imagine the amount of money you've wasted. After losing in gambling, try to rest and stop because it will make you have peace of mind and move on. But if you still practice being greedy, that will result to another huge loss. As much as possible, practice your self-discipline to prevent any stress and depression to affect your mind and body. Do not double your bet, it is not always applicable to gambling. For me, I think that this Martingale Strategy is applicable in our job, we need to make a double or an extra effort in order to be promoted or have some reward.

I saw many stories that have been shared about this strategy and most of them said that it's not lasting long. Meaning, that this isn't a good strategy after all but if you are winning during the time upon using it.

Your call and choice to continue but don't be surprised if you get to lose after all of those winning streak. If this has been so effective, many stories will be shared here that they've became rich because of this strategy.

 
Simply put, it's all about luck, right? If that is the case, it means it is not really a strategy... rather the users/players are depending on luck (or probability). If the strategy really works for some here, guess they can prove it to us on fool-proof betting platforms. I guess that will settle the "debate" once and for all

It's a simple martingale strategy that most of the time will lead you to lose your money. Keep doubling will not guarantee that the next results will favor you it will only add more risk from your bankroll.
Be responsible and try playing without any emotions and that adds positivity and not to allow you being aggressive.

It's good if you know your timing, but if you are just doubling your bet because you want to win back your loses every time, that's a bad idea and in overall martingale strategy is really not working especially on games with house edge.

In sports betting, I sometimes double my bet when I lose in my first bet, but I feel it does not help me because its very frustrating when you lose your bet, and you might lose your control also and will forget to strictly follow the bankroll management.

For me, fix percentage of the total bankroll is still advisable.

It definitely does either positively (when you win) or negatively (when you lose). Leveraging on the strategy of doubling you're bet is quite profitable only when you're capable of winning the placed bet. In cases where you lose, you lose double of what you would had initially lost which might affect your gambling budget as a result tempting you to dig into other funds that was not intended for gambling just to try win back you lost fund and if care isn't taken, it'll cost you all available funds.

I won't advice you double your bet especially if you just lost your previous bet, you might think you're doing the right thing but that's just your emotions making you act foolishly since there's no guarantee you'll win the bet you just placed.

Many gamblers have used different strategies but never found any gamblers that proudly say that he/she won by using such strategy. The answer will be NO it's not a good decision even if it is a strategy that you have used tried that many times and always back to 0 balance as what I experienced.

Experience must be there in that strategy where we lose it will increase the bet to double because they want to see victory back in that but for me doing that is very high risk of losing it in the double bet.

But I would not do such a thing for me to do a double bet would only be an emotion for us when we experience defeat I am sure the strategy is still good to be used at once.

Betting double doesn't guarantee you will win. In theory you can flip a coin 10 times and bet on the wrong side every time. So even with a 50/50 chance there is no such thing as a safe bet. And there is always a house edge that will get to you sooner or later.   

TBH, this is the strategy that I was very interested in when I was still a newbie, but when I matured, after I experience a lot of loses, I realize that this will only makes us lose more since if we lose control, it could kill our bankroll.

I am not using this method anymore, not even in dice as this will only shorten our time when enjoying in gambling.
I call this the strategy of the greedy gamblers.  :'(

Martingale strategy huh :D. Its a no no for me :)

I did this already but I used a small amount only just for experimental purposes. In the start, it is working good but bad luck has struck me. After winning consecutive times, I also experienced losing consecutive times too until all of my money has gone. There are no strategies for me in gambling unless you are in a poker games where you know when you can fold or call and that is a strategy I think :D but using a strategy like this and just expecting that luck will go to your side, I don't think so.

Now regarding to your question, doubling your bet after losing doesn't change your chances of winning but your lose may increase so this is a bad decision ;).

Martingale is very popular among gamblers any gamblers can play it, but beating the house using a martingale is not that easy, you need to have a huge fund if you are going to chase your losses, I've sometimes used it and always find out that I am one or two rolls away to regain my losses problem is I cannot keep up because I don't have large funds to use for chasing.

No. But that doesn't mean you can use it. To be perfectly honest, the only good decision in gambling is not to play or participate in gambling sessions. I like using the martingale strategy cause it makes my brain believe that there's logic in what I'm doing when in all honesty, it's all just based on luck. Though that belief often gets crushed after losing twice or thrice my original bet. It's quite logical if you think of it, but in its purest sense, luck isn't something that was supposed to be logical, it was supposed to be filled with illogical stuff and the like. Though experience is a factor, it's more like the gut and something like that.

Actually there is no techniques when betting double, triple after losing or winning the game because there is no theory that says about that, it will all depends to the gambling. That techniques will be applicable if you are playing on a game that requires skills and knowledge, if you can see how the process can be done, if you can see that you may win the game, but that is not quite possible because gambling will not exists if we can see that we will win the game.

I think it would lead to huge loses because in every gambling site there are different algorithm's being used and unique random modules implemented. So it would be a self destruction if you try the martingale strategy to a site which you dont even know the sequence or studied the pattern when to double your bets it could be a loss. Better first to find a pattern or tutorials before placing big bets.

You have mentioned roulette and dice those gambling games are purely based on luck, So betting higher or double than your first bet is very risky or should I say every bet on those games are risky no matter what is the amount of bet. I don't discourage you on dice but it is the truth it depends on your luck everytime.

This is where an effect comes into play, which is also known as "gamblers fallacy (https://en.wikipedia.org/wiki/Gambler%27s_fallacy)". This describes the fact that a player assumes that a random event is more likely if it has not happened for a long time.
E.g. as a player one assumes that after 5 blacks there must simply be red because the probability of 6 reds is very low. However, chance has no memory, it is equally likely that red or black is drawn in every game round.

This is also the reason why Martingale sounds so tempting at first glance. It is assumed that an event (for example, 6 times in a row in black) simply cannot occur because "at some point red must come and black has been drawn so often". In fact, both red and black have a 50:50 chance on move 7.

As probably someone else already said, no.

Casinos are not stupid and to prevent this abuse they use a cap.
To make a profit with the cap you need to start to point a very low amount and play a very big number of games.

What happens? You will play milions of games and in the end, you will have a 10-12 bet bad streak and you will hit the cap of the bet and you will lose everything.

I'm also a little doubt that even if the odds are 50%, we won't necessarily win in the next round, so it's not certain to win, I've already applied it and I lost, I'll try it on casino real.
but if online gambling I doubt it, because the system might not be fair.
Or you need lot capital to recover if you have more than 5x lose.

Well, This is suicide. this is how you will lose everything you have because after you've done with your bet and still you lose on that double bet, you gonna bet again until you have nothing left. when you go home, you still thinking about how to get it back as soon as you can but unfortunately, you get there to lose again and so on so forth. This is how most gambles stress their mine and lose their strategies in real life. they will fell to that kind of method but in reality that does not really work at all.

No,

It simply shows that you are rushing your gameplay, it is more like taking your losses back immediately after losing it. It is not a good decision and more like a suicide. It is like you are asking the house to take all the money you have.

Double your games while loosing only means that you are ready to run deeper into your loose and nothing more. Many individuals have tried this strategy and came out to deepened their lost. This was the caused of my lost last time on virtual sport betting and integrated my actions. This is not a good decision for any gambler to embark upon, gamble responsibly and be more cautions of your limit during the play(Gambling).

I believed many have been cautioned while others haven't been but whosoever that the fire bite always learn lesson from others. I have just learned my own lesson and nothing you tell me in gambling.

Well martingale has been in the gambling world far longer than bitcoin has been around, martingale has been a system that basically worked out until it doesn't and that made it quite famous as well. Could you be profiting with martingale? On the short term there is a chance, you can make your money double up before you can actually go bust, there is actually a quite high chance of success with it if you are lucky and play for just short term and not long term.

However if you are gambling for long term, remember that there is a very very high chance of going 20 losses in a row, there is same chance for 20 wins in a row but since you bet base on that it doesn't bring you too much profit whereas 20 losses in a row does bring you a big amount of loss that will cause you to stop even before reaching the 20th loss.

You already have mentioned the disadvantage which we cant surely win on next bet thats why doubling bets after a win will surely mess up your balance or blow your capital in a blink of an eye
when losing streak hits you.This is quite common and been used mostly by gamblers who do play luck based games like dice, same goes for roullete or any other similar games which is doubling
amount on loss or even on wins.There are lots of variations you can make on martingale system but most people do know that this doesnt work from time to time.
It would be much better on betting 2x multiplier on a manual roll either you can make profit or not.

For dice games, it doesn't work for me because my chance to win is not bigger, and I think it is the same as if I don't use a strategy. I never think to use a specific strategy because I really know that dice games would need the luck to win, so I prefer to use random or play with no strategy. That will good for you if you don't think or chase the winning, and you only want to play gambling because of having fun reasons and enjoy the game. But maybe that strategy will work for some people because they also have their luck and that luck can come to them so they can win the games.

In my experience everything will be base how lucky you are regardless of what game it is. Making your bets double is like you're willing to lose your money, we know this is very risky because you cant be certain if you're going to win or not. Its good if you win but what if you lose? Using this strategy can result of further losses and whats worse is it can be the reason for a gambler to become addicted because of trying to recover back what they have lost.

It is because of the greed that we are feeling and that is why there are people who double their bets after lose money. For me it is not good strategy because if you do that,  it only means that you cannot control your emotions which is the greed. People are frequently losing by doubling their bets, be careful on the decisions that we will make because it can results to incur more losses and we cannot able to regain it easily.

if you can afford to lose?then why not mate because its your money that will at risk but remember to know the limitation because chasing losses is usually the reason why people in gambling becomes addicted.

another thing is If you feel the Luck is in your way?then why not just try to grab some chances but only for a couple of times and if you fail?then stand from the table and leave gambling area now since this is not your day.

No one wins in dice if you are expecting to win consistently as there is a house edge and no strategy would work on games where there is a house edge, even the martingale strategy.

You have to choose your game if you are really going to focus your time on it and try to find success and it's possible on games like sports betting not in dice. Personally, I am also playing dice from time to time, but I prefer not to spend much time on dice as I can just rely on my luck here, sometimes we win sometimes we lose, its not something that if we focus we can improve ourselves here.

That's why playing on based on luck games is very slim the chances of winning. You can't win consistently and defeat the house edge in any form of strategy. For me, betting double is like desperately to have a profit from gambling and that is high risk on gamblers that probably their bankroll becomes fast empty.

Try to gamble and bet normally and enjoy what you are doing without chasing money. Maybe in that way, good luck will be yours and might earn a massive profit from gambling. And of course, always gamble that you can afford to lose.

Totally agree with this!! And in addition, as long as it's effective to you then, use it! we have different amount of luck so you might be lucky and that strategy will benefit you. I already try that way back 2015 I think, I played at bitsler and  use martingale strategy and surprisingly it works! I gain more than 3btc that time and after that I stopped and enjoy my winnings  :)

No, it is just a sign of a gambler that have lost proper decision making because, it is not always what we expects that would happen. Sometimes, it is better to play safe because, not all times we win, there are times that we lose and times that its our luck day. We should alwayd consider what would happen after we bet on to something.

Wow, seems that there's someone who benefited from this strategy though most of those who lean from this style of gaming losses everything
but yes if you do get something good from this strategy then continue and enjoy you luck.
If not, then stop and forget about using this to avoid certain losses.

No its not for me mate,i would rather Bet smaller amount to look for my luck first than doubling it for me to lose again.
and most of those chasing losses?they are the one who loses more than other gambler.
because it is still LUCk hat will make us win and not the percentage Given by the gambling sites lol.

Whatever you do is just part of your strategy, whether you double after a lose, as long as you stick with it and you carefully plan then I think you are not risking yourself of getting out of control, doubling after a lose sounds really bad, but there are people who are successful in doing that, and everyone of us has our liberty in choosing our own strategy to WIN.

I will say that I have try this strategy before, but let me tell you something that it will not always end in your favour.


Of course, martingale system is design for those who have huge capital to begin with. If you don't have capital, then don't try it to recoup your loses, because your money can be swept very quick. You really have to be mentally tough using this kind of system.

I'm not sure if your question still makes sense because you've answered it already based on your experience. There's no strategy that would work in gambling for a long time because if there is one, everyone should be using that same strategy. If martingale worked before, it does not mean that it will work every time for everyone.

You can't stick to a single strategy every time you are gambling, because there is no assurance that it will always work. For me, there is no permanent strategy in gambling. You can try doing it if you want, but only for the short term. You will end up losing everything. I think it's still on your luck.

Of course there is no strategy that works in the long run, otherwise casinos would be bankrupt immediately. This is exactly why there is the so-called "House Edge". Casinos simply have a few percent higher chance of winning (that's why there is also the green 0 in roulette, for example). The "house edge" is usually very small, for example 1%. But that is enough to make a profit statistically over a longer period of time.

i dont consider it martingale when you only do it for once like when you redepo and all in that depo in the hopes of recovering your loss and  winning some but for me i can only consider it martingale if im going to auto bet with increase on loss on the settings.

when i play dice my game is martingale and for me its better than playing manuals or on playing a non martingale strategy but still loss are unavoidable on most days .  chasing losses is bad but that is the reality that happens most on gambling

My very first 100k satoshis were won this way. I claimed faucet on a dice site, which was around 1k sats at the time, went all-in on 50% win chance, and then was repeating the process until I reached 100k sats, the minimum withdrawal amount.

But, of course, it was pure luck. There are no winning strategies for games like roulette and dice. That's not to say that we shouldn't play with various strategies, martingale and reverse martingale included. If it's fun, why not? Just make sure you are not risking more money than you can afford to lose.

It is definitely a high risk, especially that it won't you give any guarantee of the outcomes and you can't expect that you'll always win. In that strategy, there's a possibility that you'll recover your losses, but you don't know the possibilities and there's a chance that you'll just end up regretting your choices. It's great that it works, but gambling doesn't work that way. It's the reason why people keeps on improving their strategies because they are aware that it won't always perform well.

Someone who has a large pool of his bankroll can do this and before doing that, he has to make sure that he's aware of the consequence if ever his plan of doing this strategy didn't work for him.

A lot of testimonials were said that this isn't ideal for everybody and that's what the majority said. Might work for some but I barely see people saying that and if not barely, it is rare to see them talk about this strategy.

It requires huge sum of money because there's no guarantee that you will win after some loss. If you win 10 times at a row, imagine how much you are going to lose. I have tried this method but can't say it was very effective method, however, it will only work if you have a big bag of fund in your account. Otherwise, you won't have enough to continue your bet.
It's better if you don't follow this strategy if you are playing with a limited fund.

I suggest that, it is better to have a secondary strategy, also doubled the betting amount is not practical for me, because in gambling there is no assurance that you will be winning all of the odds or there is no certainty on it, so do not put all your egg in one basket. Making a double bet because of losing is not recommended and not good, it can only frustrates you when you lose again and make you addictive to win as well.

This is a repeating discussion, just rephrased. Like everything else, it's good to know the risk before coming into the game itself. If you know what you are risking for, then you know how much you could lose. If you agree on yourself, if you are willing to lose that total amount of capital that you have, then might as well use that strategy. If not, just don't do it. Read everything about Martingale Strategy.

Not a good one as your bet would keep on doubling and soon would hit your bankroll. A better strategy would be to gradually increase your bet on loss and gradually decrease on win. This way you'd proof your strategy from a long loss streak but it would be prone to a set of loses followed by a single win in between for quite a time.

In my experience I'm doing that when I manually rolling the dice there are times that I double my bet after a win and win a roll and it hyped me and sometimes when I win a decent amount I double it to see if I'm lucky.

There are some times that it sweeps my gaming fund so I think it is not a good decision since there's still a chance of losing even though your chance of winning is high and sometimes it will come when you don't want it to come.

Yes maybe it is a good strategy. Remember on the past round you have been lose so meaning there are a chance that on the next round if you double your bet you have the chance to win high so it is more great than the others. And also you will be able to recover your loss on the past rounds, but if you are unlucky then probably it is hard because it may triple your loss when you do this thing.

It is somehow bad nor good decisions but it always depends on the situation that you will be able to do just like for example it is bad if you lose because it may brings you a lot of loses so it would be better if you will just bet on the same betting and if you got hotter then it will be the perfect time to double your bets.

As for me, it's a good strategy yet it has a bigger risk of losing your funds at the same time. There's no guarantee that you will win higher when you double your bets after losing. Everything revolves around your luck in gambling so there's no specific strategy that could give you an assurance of gaining something after when you bet higher. If you're brave enough to take the risk, be sure that you'll afford to lose the funds that you will be betting.

Dealing with this kind of attitude is really tough, risky gamblers are willing to take it and try if lucks will permits them.
The problem with this kind of strategy is when you already out of fund to sustained the need of your bets.
It's up to your balance and your willingness to push your luck.

It is really a tough decision even though you have a lot of funds backing you up. Martingale strategy will just only cost you to either double your losses if you don't have luck and beating you badly. May desperate people would try to have their chances by using this one sometimes it works but mostly they suffered losses. That is why this is not really a good idea and I don't want to use this one either.

Gradually decrease on win would eventually kill your bankroll as well. I think stopping on a win or reset to the base bet would be the better option for a strategy that only needs one winning bet to profit.

Looking back at the past result doesn't help you predict the next outcome. Sometimes it happens when you lose on the first bet you go win on the next but it's not always like that and it doesn't increase your chances of winning either.

Martingale is not actually a literal strategy we can call on but it's more of a betting type. A strategy is meant to defeat the house. Without even giving a further explanation, we all know here how this martingale type of betting done.

Is this effective? There are lots of factors why this type of betting will not be effective in the long-run and that's it the house-edge of a site. There is no way this type of betting method will defeat the house in the long-run. Meaning there is a chance that a person can lose 10x or more in a row.

Is martingale will have a huge impact on anyone's funds? Yes, there is but unfortunately, the impact is continuously losing.

So why this strategy is recommended by others? Because not all the time you will have a bad session. Let's say you started your session and you think you already get the advantage of using that method then get out immediately and call it the day. There is no sense to continue your session on that day even if you feel lucky.

As long you do have money in your pocket then its really hard for you to stop and for sure you would mind on betting more since you have on your mind on how to chase up your losses.
Doubling might give the chance of breaking even or profit but same as you said the possible losses would be more worst as long it would pile up this is why i dont make use of martingale
most of the time unless if ive been using dogecoin but for btc? i dont do such thing because if i do target out for making profits then 2x multiplier on 50% chance is already enough for me.

That is true in most cases, but we can use this scenario to practice on how to control ourselves and to just let go and stop when we are losing.
In most cases, we only chase because we really can't afford to lose our money, because if not, we call it a day and do other things.

Whatever coins you are betting, irresponsible use of martingale method would not always deliver good result, I know everyone has experience that if you have been actively gambling, especially in the early days.

no one knows the outcome of the game  .

you can win or loose depending on your luck  . just trust your senses , if you think you will loose after a loose then stop and dont ever bet or double your bets  while if you feel the opposite vibe then why not ? go for it  .

doubling bets is risky , thrilling and verry rewarding whenever you hit the green   .

you can instantly recover what you loose   . i played it when im on full guts or when i have a good balance but if not then nope   .

It's mind choking decision since you can lose or either win but if you cannot take to lose more much better we shouldn't do this thing since its not a best choice for a low cap gamblers, best to rest and better luck next time but if you can afford to take whatever it takes then its all to the gamblers decision for doing this kind of more risky act.

For me, it's not a good move to do for gamblers since that is where the bad luck might start, Surely if you are going to double your bet when you are losing you are going to need big funds for that and in the end, you might end up losing all your money when you start this kind of method and continue to double your bet, imagine if you lose 5 times in a row and you double to double your bet.

Surely this is not a great method but still, the betting game just all depended on the luck of the player so for sure the whole game was still just luck so this is also not a bad method to do here in gambling.

Gambling is totally dependent on luck and experience. If you are a real gambler, you obviously bet again after lose. You know that gambling depends on luck, you can win on second time. so, I think betting double after losing is not a bad decision, if your destiny is with you then you will win.

Totally.. no, it also depends on your skills, your experience your earn is useless if you will not learn something to improve your skills in gambling.
Luck does not need an experience as they say luck beats talent and even experience, but it would not give you consistency.

Definitely because you want to win back your loses and be profitable, you are not gambling just to lose, you also try to win.

I think you just have to set some limit and follow your game plan all the time, no emotions involve just a pure planning that you need to properly execute.

Trying to betting double is good, but we don't have to always try to betting double because we need to know the timing to place betting double. Sometimes, we forget about that, and we only use that way, and in the end, we lose all of the money. I guess that betting as usual without trying to do double will be enough for me because I don't use gambling as searching for the money.

Sorry but i never tried using martingale though i have been reading many about this strategy,and sadly most of them don't really believe in this one and so as me,i don't believe in doubling our bets after losing one because this will categorize in chasing losses and this is not a good signal of betting in gambling.
of course imagine you are betting more than what you lose?thats insane for me lol
yups and better stay that way,dont push having the win because everything is according on your luck so even how big you double it but you are not lucky then surely nothing will favor.

I also do that when I lose in one bet I double my bet and sometimes it is works but mostly I lose if I do that but maybe for the others player it is good startegy. This startegy is very common and many people use that even in the tradtional gambling they also do that.
But be careful of how much amount of your money you bet because it is very danger and if you bet a huge amount of money you need to control yourself .

As already mentioned above, it all depends on the startup strategy you have chosen, which in turn directly depends on the size of your deposit.
If you assume that your capital is infinite, then each time doubling in loss, you will, sooner or later, recoup and exit plus.
It is worth remembering that the lower the probability of winning, the worse this strategy will work.

Practically, no, IMO. Literally you're exposing yourself into a riskier situation making your money/fund way too faster. Well, if you will be that fortunate to win after betting double then we could say that you are in a good situation, the thing it ain't always happening.  I have no idea if there were such strategy out there existing but if we will look at it as a common gambler such strategy isn't a good practice. Double betting after winning, and would follow up after a consecutive winnings is a must or is the most recommended idea to do rather than doubling it after loses. Be careful, your money might runs out before you notice, buddy.

I guess it mostly depends on a specific 'game' you're in. At some gambling projects, unfair algorithms don't allow you to win quite many times in a row so doubling after every bet usually leads you to a total loss there. Not sure about the general usability of such a strategy.

It is a good strategy to double your bet after losing one.
The oy parameter you have to think of is that you need a lot of capital in order to endure your losses.
Otherwise you will end up being out of money from the many doubles.

Everyone knows the eventual outcome (lose). If you play til infinity, you will certainly lose,,, and everyone in gambling history has not managed to play til infinity before the losing outcome arrived;) Do NOT trust your sense. Trust your mathematics.

This martingale strategy can be applicable to those small games or low betting games but yes it is good to double your bet to regain the loss but it is not that easy unless you are really lucky because once you lose again you just add up another loss to your losses which is not a good idea especially if you don't have enough budget or money. I am not against in the martingale strategy but I won't do this strategy if i am in the midst of losing because there's a high or more chances of losing than winning for me. Also, when you gamble think first a good strategy, analyze the game and know your money limits for less regrets of losing all your money because this game you are playing (roulette and dice) are based on luck and you can't do anything about it, again unless you are lucky.  

Hoping that you will find the right answer to your question and apply it to yourself,remember good decision making is very important in all aspects in life.

Unfortunately, but doubling the amount you bet after each failure is a very risky way to reduce your risk.
There have been many experiments on this subject and from what I remember there were situations in which there was a series of more than thirty hits of the same color in roulette. Even starting with a symbolic amount, to secure such an unlucky series financially, you need to have incredible assets.

You got infinite bankroll?  Yes:  Definitely.  No:  Nope.

You should betting less when losing.  Preserve as much of your br as possible cos without it, you can't play.  Lawl.

Actually, I often do this strategy when I play dice. Every time I lose the first bet I will double it on the second bet and if I still lose then I will double it on the third bet. But of course this strategy will require a lot of capital and courage from the players.

I just think that this strategy still has a 50:50 chance of winning, so still if we are too excited and cant control our emotions, as much as anything capital we have, it will disappear and we will come out empty-handed. Believe me, there is no strategy that always runs smoothly as we wish. I have tried it.

More betting strategy after a loss, it is often used by many people but talking about the effectiveness level is probably like you said, the success rate is only a few percent while most of us will lose more money, a long-term consequence will be to form us a habit, we can place a double bet once, it will have a second more and more times, loss is a number that is hard to predict with this strategy. So control should be exercised more in this situation, casinos have set parameters, we jump into what they create, we will die in their hands.

That is why we cannot really say that using a martingale strategy is always a good decision. It's not advisable for a long time gambling.

Indeed. We cannot just go with only one strategy in mind. There should be plan a, b, c, d, and more. Not every time our strategy will always work. If you double your bet, then it ends up losing, it will just make you more eager to win that back. It can make you lose your money. There's no definite explanation that martingale really works for everyone so it's not practical. Choosing that strategy is also another risk.

Surely I think this not a great method to use all the time but for sure this is a great for some of the situation in my opinion, It might still depend in luck as we know so for sure this method is not going to work, but might be useful if you lose one time and you could easily recover the lose if you could win in the next round but still not just so simple since you might not win in the second bet at all.

For sure in the end their is no method that would really would accurately at a betting game still it would just depend in your luck.

That's sure when you see that you go from 1 to ~16000 just on 15 bets..

 
 In 50:50 chance, martingale in not offering huge profit to risk using it. The profit is just equal to the initial bet..
 So in this how, you can just re-bet the same amount until you have recovered the lost bet

It is confirmed and proven that it will not work, it looks like a good strategy but it's really not, you will end up losing all your funds, the only people capable of beating the martingale are those without bug funds because they have the funds to chase their losses until they get back their losses and win, if you are not a high roller don't ever think about it.

But that is the issue you cannot really control your luck and you will never have that ability so if eventually the results you are getting go against you not only you are going to lose all your profits with that strategy you are also going to be very tempted to try to double your bet right there to try to recover it and you will go through your capital at an amazing speed, this is why I never recommend martingale or any other strategy that is similar because in the heat of the moment you are bound to take decisions you would not normally do and suffer huge consequences because of it.

Actually we cannot say that our decision is good until the result was given, gambling will only rely on the luck of the person, so if you are thinking that you may win on the next game and you want to double your bet, do not do that unless you are a risk taker and you have so much money.

Having a mindset like that is not really good because you cannot predict the future of the gambling or the result of the game. It is still better if you are just play safe, just bet according on your money, do not take a risk to the things that you are not sure that you may win the game.

I have heard a lot about this strategy and have tried it more than once. In few occassion it worked for me as I was calculating the pattern and was expecting a positive outcome. But, it is not possible to always keep a track as sometimes the pattern changes abruptly. In such situation you end up losing big. I tried it with dice.

In my opinion it is too risky. It is always better to get small so that you lose small.

All things will vary on risk management and if you dont mind on losing that next bet and doesnt compromise up your life savings then it should be fine but if you do already spending up money
which are intended to be used in future then thats already a bad sign that you are already addicted with it.

Doubling bets after losing is common yet we know that martingale does really work on this way.Knowing the future or do talks on knowing the next results is impossible
specially if we do play luck-based ones but somewhat if in talks of strategic ones then you might have a chance.

If you have a few screws loose in the head, then yes.

Jokes aside though, there isn't any mathematical proof that the Martingale strategy nets more wins than loss. I am yet to see an actual scenario in which the said strategy would yield similar results after X number of bets with the same odds. In a provably-fair dice game with luck as a major factor, don't expect Martingale to give you wins, or rather save you from your vanishing bankroll as it might even inch you closer to losing all your funds. Martingale is a method to lose money in an extremely fast way IMO, not the other way around.

Martingale is not supposed to be a strategy.

It's a way of betting. No way it will increase winning chances.


For dice, yes. But didn't you know there are gambling where Martingale is effective?

Those games are those who aren't face the house-edge. One good example is the physical gambling game called the color-game. It's effective but of course, get out if already winning.

That is the best way to lose money and the worst way to break even, remember that there is a 50/50 chance to win and lose and making a big bet after a loss will likely cause more loss.

Not at all. If you don't have a strategy, you are just trying out your luck, not skills. Either way it won't work in the long run..

Why not?! Live your life to fullest if and only if you are already a billionaire and just gamble for fun and. Just let the fate decide whether your overall wealth will diminish by few coins or added by few coins as well ;D.

But on the contrary, if you set gambling as a career and think twice, you should consider first the game you are playing with. Maybe doubling the bets after a loss could work more efficiently in strategy based games such as sportsbetting rather than dices, roulettes and lotteries.

Sometimes or most of the time the chance of winning is not 50/50...  just like gambling in a gambling site with most games has house edge, you don't get 50% chance of winning with that, you have to be wise, in every game there's an edge, and you have to ensure that the edge is on your favor, otherwise you'll still lose  regardless of how hard you try, even using the martingale method.

Yes this strategy has a 50:50 chance of winning but the thing is the risk of this strategy goes higher as you are losing your money.

This strategy isn't worth it because if you win on it,  you will only get the first initial bet that you put but it can lose your money in a short amount of time.
There is no strategy that will work in gambling. For me, gambling is just a game of luck nothing more ;).

Um there are other ways to live life to the fullest and most of them really do not need you to throw all your money away!

I think everyone can afford to enjoy some reckless moments in their lives but very few reckless actions affect only you. Usually they affect others around you in ways that stay a long time.

Enjoy, no need to enjoy recklessly!

That is true. Now, imagine playing roulette using the Martingale system and doubling your bets whenever you lose.
Lets say your starting bet is $2 and you lost 6 times in a row. 2+4+8+16+32+64=126 if my math is correct. You have just lost $126 chasing a minimum win and you need a new bet of $128 to continue the streak and there is absolutely no guarantee that you wont lose a 7th time in a row.
Imagine if your starting bet is $10 or $50 and how big of a bank you would need to keep going. It's just an example. 

Well it is not a good idea, because if you double your bets there’s a no change that you would return your loss assets in just simple double it your bets, because it is not a 100% sure if you surely get back your assets. What if you failed again? Instead of double you win, it is double you lose because you did a double betting. For me, it is much better if you single only your bet to prevent you from large lose.

True. And while 16k sats isn't that much, you go to 130k with just 3 more reds. If you ask me, 130k sats is not what I want to lose in a matter of minutes. I can play in a solid poker tournament (https://bitcointalk.org/index.php?topic=5236603.msg54125791#msg54125791) with the money for 2-3 hours, with a possible win of 840k sats. ;) Martingale strategy has drained many gamblers' budgets at some point, mine included. I still think it can be used for entertainment purposes, but before starting one should make sure that his/her balance on the site is not larger than they can afford to lose.

For me, whatever it is, I would not do that, in gambling you have a 50/50 chance in every bet that you will make, so I think when you do making double your bet can only result in not a good thing, you must control your fund and gameplay as well, so that you may avoid this thing and can have a little loss, because if you do, you will have a triple loss, and can only frustrate and make you bet again and again until you cover all those loses.

I will do the same with you because most of the time there are a lot of people listening to the hoax that if you lose your game try it in a double so you can scare other players but some of them are confident too and agree with the deal so it is got more risk because the only chance of 50 percent to win the deal if you are this kind of person it is better to take some time to decide because it can cause immediately of losing your funds. But if you want to play safe you will not do this kind of double your wage when you lose, but still, it depends on the players luck and confidence if they are trying to risk the money and the game to have a double income.

it'll really vary depending on the game you're playing
sometimes you can calculate the odds and in some games the odds are a bit more on your side.

just remember: the house will always win.

no matter what happens.

If the Martingale strategy can be effective the bookies will go bankrupt, because all gambling players will use it.
I often say that gambling is only based on luck, maybe this word is appropriate for gambling on 1% strategy - 99% luck.

So if someone playing gambling doesn't have the most luck, don't expect to be able to get a lot of money.  Using any strategy in gambling must still be wise in making decisions, if the percentage of defeat is better to stop for a moment and come back another time.
Similarly, when winning, do not be complacent before the money is completely used up because of it.

The thing is you are saying it depends on the game you are playing but in the end you said the house always wins.
Try to realize that not all games has house edge, there are skilled based games where you are not gambling against the house,  like sports betting, bettors gambling against each other, house just facilitate the bets.

Definitely. No certain strategy is applicable for betting, Martingale is indeed never considered as an effective strategy. You are right, no betting site can survive to pay all the gamblers if Martingale is proven as an effective strategy.  :D

Yep, this is what I also believe in. Most gambling games are based on luck, including betting. In this case, a strategy isn't the main factor to determine winning or losing. So, it sounds a bit funny if someone can state that he has an effective way/strategy to beat betting.

Gambling is all about fun and excitement. The excitement gives happiness as well as sadness based on the result of the game. Very few double after losing or the martingale strategy with a better understanding. In most cases out of anger or loss encountered people just keep on increasing the spending. Here the success rate is very low in such cases than people using such strategies with a better learning.

It is true that we can get enjoyment through gambling but we can also get anxiety and not good feeling especially if we lose. Those people who are not aware the risks that they are taking are the people who are prone to double their bets after they lose because there is a greed that they are feeling and their mind is focusing on how they will get back the loss and their solution is by doubling their bets.

The house always win and you can only beat it when you know when the right time to quit, there's always a temptation to continue thinking it's your lucky day and you have to go on, but the truth is the algo will make you think that way until you realize that you should have quit when you are in a winning streak.

Our luck is not unlimited that is why we should aware on where and how we are going to quit especially if we have now winning streak. There are people who suffer losses instead to gain profit because they let their greed to control them. They are not realizing that the profit that they made is now enough and they will regret their decisions if they lose huge amount of money.

Greed always conquer your mindset thinking that you have that lucky day and let you continue to keep playing until you realized that you already losing
everything back. It's no argument that discipline gambler can do take advantage of situation, quitting while they still have decent profits and not to play
aggressively when things is not in their favor.

yups if we can be contented in small winnings and not becoming greedy to look for much even higher then thats a different thing i guess .
yeah that is it mate,the Online casino will only let you win for a while to make your confidence boosted but after that?for sure the program will go against you and without being noticed losing will take place .

Can I say its coincidence and not strategy ? I hope this is more appropriate to say because there is no strategy that will bring the player to victory in a row and make him a rich man. I am sure the strategy discussed is not the right thing to be adopted by gamblers, it is just a coincidence and there is no strategy that guarantees that players benefit.

I have quiet an experience on losing due to rage betting and one of the popular way of rage betting is to double your bet amount. Even a simple auto martingale does the same. Not only you'll lose fast, you'll also not be able to enjoy what you are doing. It would be better to limit your max bet. It would give you a chance to review your decision or could run for a bit longer where your luck could flip on your side.

Well TBH, I already stop using auto martingale, I use that strategy when playing dice but my experience is mostly a lose and eventually I lose my interest in gambling dice as it was not as entertaining as I was expecting, in the long run you'll get bored, yes the result is fast but we failed to realize our real chances, so now, I do only play for pure entertainment.

as usual, the house always wins
I prefer not to use martingale too.

but seem like some people have results with it.

still never saw detailed reports on gambling experience of people, that could be interesting to follow.

It depends on what betting strategy you are using. But if you are trying to conserve as much money, then no.

I don't know what to properly call it but I only increase bets after wins. After consecutive losses I then reduce bets.

Even if we assume you had the skill to obtain profits in something like sports betting something like martingale will surely destroy your bankroll, it has been demonstrated many times that even if you have a system that earns profits money management skills are what separates those that are successful over the long term and those that fail, doubling your bet each time you lose is a bad strategy because you do not have an unlimited amount of money, also casinos know about this strategy and to protect themselves from players with huge bankrolls they limit the amount of money you can place on each bet.

Many people follow betting systems while betting thinking that they will win the money, but the thing is that even they win in short term from the gambling website but in the long run they always loose due to the house edge.
Many a times I have been using Fibonacci system in an automated script on many gambling websites in the start they make you money, but after a time the websites start a loosing streak that goes for many turns in a row which make you loose all your bankroll and that's the fault in doubling down strategy.

What kind of strategy do you mean?  I'm not sure if anyone says a certain strategy can make a win in gambling.  Because many people have said that the bookies will win in the end.  On the other hand I always assume that gambling is only based on luck.
If playing gambling does not coincide with luck you must take a break and return when luck is truly on your side.

^ Definitely right, anyone can use strategies by their own analysis or what so ever you applied that you can called it strategy. But the fact of gambling that based on luck, a strategy isn't needed most. Martingale is a good technique but I won't call this as a strategy, because this will not long last in longer time. It also needs a big budget every time when you are recovering your losses and probably this also makes your pocket faster emptied.

To me, betting double after losing is a sign of desperation from the losers aspect.
And this is an attitude very conversant with a near addict of gambling.

We need to always maintain our calmness, either in profits or in loss.

That could be in most cases as when you double and you still lose again, you might think of doubling again until you will wipe out your entire bankroll and that is very frustrating. but for some, they know how to use this strategy so they are successful, but still not advisable for newbie as mostly their emotion is what they use instead of making a strategy to make it work.

For people who are new in gambling, betting double on gambling will be frustrating because they can see the chance to win will be less than the loss that they may get. They don't have much experience in how to use that strategy so they can play with emotion, and that can be a trigger to get a big loss. We don't have to try betting double like what other people do, and it's better to play gambling with little money to prevent the big loss.

Experiencing big loses will only happen when a better loses control, regardless of his strategy as long as he has the control and he has a good bankroll strategy, he will certainly last as a gambler. It's a matter of how discipline you are, when you lose you should always make sure you don't go beyond the limit and you'll be okay as there's always tomorrow to try to start winning.

Doubling your bet after losing is not a strategy that should be used by anyone, it has been demonstrated many times before that betting strategies do not change at all the nature of the games and the odds of winning or losing, and while it may give the impression at first of being a good strategy since you seem to recover your money each time you double your bet, eventually your luck is going to run out and you are going to lose all your bankroll, now this may seem unlikely to some but the longer you play the more certain this is to happen to you.

Without limitation, this is a stupid strategy as you can only win if you have infinite money which is impossible.

Martingale method is also working sometimes but with proper planning, and do it with games that you'll be able to use your skills, not in games like dice as every roll you don't get any advantage even if you change the winning rate to the highest.

If the gambler has no edge, using the martingale is useless and dangerous. Limitless or infinite amount of bankroll is required to win in every case but the profit will be same in all bets.

For me it is not good, it will only make ypu fall into debt trying to get all the money you have been lose. You need to make a good strategy next time so that you would not end up having nothing. Good strategy can make you win and make you get back all your losses not with doubling your bet. It is not good and not recommended for me.

Or we can also look at the other way, if the gambling site has a house edge, we can never win in gambling.
Martingale is just a strategy a gambler uses, if he does not properly use the strategy, it would surely result to a disaster.

What's important is profit though its the same but infinite amount of bankroll is not impossible.

I think making double the bet after losing the game is not an effective strategy because losing will not result to change the probability and posibilty of winning. I recommend to stay on how much you bet because changing the amount of your bet is a dillema so it is better if you don't choose between you rise or down the amount of your bet. Doubling the amount of your bet also a cause of being addicted on gambling. In short, I don't recommend on doubling your bet.

In my own point of view, double betting or martingale strategy can be effective and not because it only depends on the luck of a player if he can easily recover all of his losses by just doubling his bets couple of times until he gains the money. Martingale strategy is a risk because just like what i have said it dependa on your, so if you are not lucky you could lose a lot of money.

Strategy would only be applicable if you do deal with strategy-based games but for pure luck ones? It would be better if you do just play for fun
and not minding on what would be the result.Well, we do play mostly with dice and similar game which using martingale system is the most
common strategy that we've been using into these times where it double bet after a loss.-Aint saying a bad decision since this can even
break even or make you profit or lose even more depending on the luck you do have on a particular day.

Yes, it will be safe for everyone who plays gambling for entertainment purposes and not dream so much about winning/earning money. You are right, the game like dice is luck-based, we shouldn't think too serious about the strategy. Till now, I never heard that there is an effective way to play dice with the guarantee to win 75% above. It's based on our luck, so kindly think wise to play it.

Betting double after you lose has a higher risk, though, your chances may be the same but if you double your bet just because you lose, it only shows that you are rushing into things or your decision. You're already losing your control, it also proves that you are now chasing your losses which is not a good mindset when you are gambling.

For me it is a Yes because i know the feeling of desperation so if i have enough capital to gamble so why need to make small bets when Luck will decide if we will win or not?
so doubling my bet is cool so the faster i win or lose is the faster i can go home with my family,or if Online gambling so i can stop and focus on other thing right after i played.

Maybe for most people that's called rushing or greediness but sometimes it can be a useful strategy also.
I'm not saying about martingale strategy that you'll double every time you lose because this is not application if your wagered amount is big.
if you lose now, you can double, but if you lose again, then you stop, and try again from the start.  

You only loss control when you already loss it, doubling your bet does not mean you loss control already.

But if luck comes?this is also a best chance to make a Huge profit right/since gambling is mostly for Luck ?

Martingale is someones favorite strategy specially those who has unlimited funds,but for normal gambler that only seeking fun while playing?then this is not for them.

Betting double after losing is ok if you play x2, x3, x4 odd! If you play lower odds betting double is nothing, you need to rise your bets much higher. Gambling is not for people with weak heart, sometimes you really need to play brave and aggressive, it's the only way to win back what you lost and make some profit (if you are lucky). If you can't play aggressive and be brave in some moments to risk everything you have you will go down all the time, little ups, but in long run your amount will melt down to 0!

also in my opinion the martingale strategy does not work in the long term on the contrary, it is harmful for one's finances, encouraging the player to continue playing with the false hope of being able to recover any losses...

If this is applied on games where there is a house edge.

Actually you can apply martingale in sports betting and it could be an effective strategy but you need to be smart in using it and do it with the right timing.
Blindly using it, that will cause you a lot of money every time you lose, you are risking more just to win a certain amount of your target.

As a gambler, I have tried different strategy including martingale strategy but I would not say it's a bad strategy in overall.

Ahahahahaa nice diction you've got there OP. A betting double 😂

Couldn't agree more with you.
The house edge is haunting those people with tons of insecurity , the more you play it safe the more susceptible you are.

Do the YOLO principle all the time but doesn't mean you have to bet allin,  think that you don't need this money I'll just throw it away at higher multiplier!
It works mate to bring you an unexpected result instead hoping for a winning behind the martingale system that proven has been made a lot of people broke.
It's too mainstream doing that these days.

As for me, of all the strategy in gambling, this is the strategy that I am not using of the time.

I'd rather stick with flat betting in sports because this would tell my real capacity, because if I am good in picking winners, I'll sure be profitable in the end.
I don't need to win everyday because I'm doing the impossible if I'll think of that, but winning most of the time is what I like to achieve.

Doubling after a lost bet sounds a lot like Martingale which is proven to not work in long term and it works with extreme difficulty in the few cases it works for only a really short amount of time.It is more luck rather than a strategy.

If you won then that will be a good strategy, if not then sorry. We are not sure how lucky we are on our next bet. Yes I understand that is one of the way to easily get back what you have lose but it is still risky. Maybe if you still afford that kind of amount go for it or your motto is kinda "You only live once" but if not then don't. At least you're ready to what will happened next. Tomorrow is another day.

Of course, it has a huge impact on where your funds will automatically deduct twice as you normally bet. If you win then it is a good decision, but I doubt that every time you double your bet after you lose will make you win. In the long run, this might be the cause for you to lose more money than you have imagined.

It is really a brave decision but we can't say that is good decision, the smart ones may cut into half for the next bets so if they win they will get half of their losses or even completely with good mlutiplier.But don't really bet after bet to recover the losses from previous bets that is the first step towards addiction.

Big chance of losing more when you keep doubling your bets or you pushing yourself forward, with this kind of gambling where luck really control everything and strategy is not reliable, choosing to enjoy instead of trying to win big or recover your losses in a much quicker ways is much better.
Make sure about how to wisely manage your emotions controlling your bankroll it's your money that in stake so better to know how to adjust in appropriate way.

In sport betting it is even worse...
You need a lot of capital in order to survive the losses from martingale in sports betting.
In other games such as dice you can recover your losses a lot of faster than in sports and you can be more profitable in the end.

Funny topic for 2020  :D
From the point of view of mathematics, this issue has already been solved a long time ago and I do not know what can be seriously discussed here.
Fun fact: my red/black record is about 40 bets in a row on red. It is easy to calculate how much money you need to make another double bet on 41 moves.

Exactly, it has nothing to do with strategy, it's matter of pure luck. And that doesn't work all the time. After loss many gamblers try to cover that as soon as possible but very often that leads even deeper into losses and could become a closed circle so to my opinion it's not a good idea.

It can work in certain situations like when you start your bets low and have a lot of money to play with. Most martingale gamblers don't get broke on their first run.

Usually they keep playing and playing until they get owned but those small wins from each run just make them want more becauuse even when they win they don't win enough.

Martingale strategy is bad because it never ends up satisfying you. You'll keep playing for hours and still have only a little more.

Its even used up to now and also automated betting using up martingale isnt something new even playing on roulettes or even on a crash game.
This kind of strategy is been used since we know that the next win will surely be a profit but we all know that the one issue with this one is that
when you experience losing streak then its the end game for you unless if your balance did able to hold up those reds.If not then
you should call it a day or even learn from it that no strategy could work on longer run.

I agree that it is all about luck. That is why I am confused to see some people still debating about a proper strategy on it.
It is true, people bet doubled after the first losing mostly to overcome their losses but they don't think that it must lead to more losses. I think an experienced gambler should know about it, betting doubled will result in the same thing, "more losses". So, if we still care about our money and family, thinking deeply before doing that bad way!

Are there really people who are successful or consistently profitable with the strategy? I have probably seen few members who said they are successful with it... whether it's true or not I don't know. I guess it's a few time successes rather than being successful consistently?

This strategy won't work for everyone and it won't also work for a long time. If others might have been successful in using this strategy, I bet it's only for a short time. There's really no assurance that betting double after losing will make you win back what you lost. Perhaps those who used this strategy won by using it only in a limited time.

It's not only the newbies, even those who have been gambling for a long time, some still end up losing after doing this strategy. I think it's a matter of logical thinking and luck. If others were able to win using this strategy, it's good for them. But it does not mean, everyone should also do it because it does not work like that.

I don't think everyone experiences the same thing because even you realize this is about pure luck. Well, when someone has a large capital or enough to continue doubling bets until finally the luck can be obtained, then this strategy is still very possible for you to make a profit in gambling. I only believe in experienced gamblers at least they are aware of such things so that it is very possible they realize the right time to make a roll and once again, I believe such a strategy would be good if done with experience and the complete experience with luck would be better.

The casinos are very aware of the martingale strategy so even if you had an unlimited amount of money this is not going to work as they have set limits for how much you can bet and when you go over that limit with the martingale system then that means any chance you had to recover your money in a single bet is gone, also even if you had an edge the martingale system will not work and that has been demonstrated over and over again as well, so no matter the circumstances it is a mistake to use martingale regardless of any other factor.

   You can bet double after you lose, or you can bet the same but on double odd! Why to force martingale when it's
not working, anyone can see that in many comments here. If it's not working on odd you wish to win, bet on higher
odds and you can win your money back.
   I do that in sports betting. After few loses on the same team I bet on them but I find some higher odds, maybe more
goals, or double win, there is some higher odd, but I don't risk more money, it's not in my interest!

For making it simple, you just increase the odd instead of the bet amount. The winning probability of the high odd is very low, especially in sports betting, in this case the gambler digs a deep grave without the backdoor. It is not the same for martingale strategy applied money management, the chance will stay the same and the end balance will cover the loss after the first winning bet.

Martingale is just a wagering method, if you choose a loser, you will still lose.
What only matters is your ability to pick winners and then you'll start winning, it's not about the wagering method you are using.

Same here too but I don't win all the time,.. doubling your bet or betting on high odds is alright, as long as you see the value of your bet.

Like in dice game when I bet and I lose I double it but depends on the situation because they have times that once you lose the second and third bet is also lose so better to timing when you double your bet after you lose because it doesn't mean that you lose now after it the second round you win. Betting double of your money is good but it's too risky too.

but how to timed that   ?  no one will know  . ive been playing gambling for a long time and still dont know how to properly timed my moves   . like yesterday i loose because so many reds came on low payout that i play an then i depo and loose it again so fast   but before  , i experience alot of reds and after that ,  many green streaks comes to and sometimes after a hoard of red streaks , only 1 green will come and then rest is red again  .  it was like you are being tricked   .  i dont recomend betting big or doubling after loose because more chance that you will looose 

Its all random and theres no such thing about having that kind of pattern when it comes on getting red streaks.We know that odds would always be against on us players.

Neither you do decide to double or not, if you arent lucky enough then you'll definitely lose.Doubling bets after a loss would only have 2 outcomes which is to win or loss
but the main mistake here is that when people do won a bet and doubled out the money in spite of stopping it they do rather go further or bet more until
they bust.

Even though some of your members say that the method is successful, but it cannot provide guarantees for other members, it means that it is only luck that he can succeed in that way, because I often try other people's methods, but the results will not always be the same.

Typical gambler's mindset. Always chasing for the winnings. But it is really not a good decision to double your bet after losing, especially if your funds are already tight or running low. You are fighting with the odds here. You are right, there's no such thing about that kind of pattern. It is all luck. And if the luck is not on your side, you will again lose the next time around, so you will end up losing again after doubling your bet.

Exactly so even this strategy works for other gamblers it doesnt mean it will also work for you and can be a profitable way to recover what you lost. It will depend how lucky you are especially in dice game, I think I already use all my known strategy but no one works perfectly or atleast give me decent amount of winnings.

Most of the time those gamblers who are trying to copy someones strategy losses a lot, thinking that because someone wins using the same pattern they will also have the same fate. Not everyone have the same outcome when they are playing maybe if a person got lucky when using martingale is not sure that the same thing will happen to the other gambler.

Well definitely because there is no fix strategy in gambling that would make you consistently win.
There's always an adjustment because if the gambling sites are losing, they will adjust as their purpose is to be profitable, and they are smarter than us.

It's good if we build a strategy on our own and develop it.

Thats what you call a Luck base games in gambling so expect nothings New on that part and also Doubling the Next bet is normal but if you are doing this constantly so that means you are already addicted.
Mind to tell us how to Find that right timing?seems like you already knew how to take it right?
Gambling is full of risk that is why if you cannot afford to lose then never try to gamble.

I simply put in this way that if people who want to bet double in anticipation they will win it, but first should think that will they be fine emir they lose that double amount as well and if answer is yes and they want to risk that then  only they should be doing it else avoid such things beacuse not everyone has that luck to win it .

That will not work if they only copy someone strategy because that strategy will only work for that person. He needs to modify the strategy so that the strategy can work well for him. But in gambling games, it is really difficult to get a win even if you get the best strategy and you modify it because gambling will need luck. But if you feel you can win those games, perhaps you can try to double the bet but don't try it too often because that will not guarantee to help you to win.

I agree, so the question in this thread is somehow difficult to answer because each of us had different experience using the martingale. Maybe rich gamblers are successful using it because they will never run out of money in a table without a limit and the risk are slower. Some failed because of a losing streak. So I think it is better to always assess the situation or think of a strategy that will better suit it.

I don't think that this technique will unless you are so damn lucky (you are carrying a real working rabbit's foot, four leaf clover and a horseshoe altogether  ;)). People are becoming a victim of this kind of behavior that letting the winstreak go over their head and thinking that there is a little chance of losing when in fact it is statistically high. In conclusion betting a double for a all or nothing is not worth the risk when you are gambling, remember you are playing for fun and that you win some and lose some, never mind people coaxing you to bet more, listen to yourself and play at your own pace.

I'm sorry but if you never bet more, there is no point in playing dice. Because of the house hedge you can't win on the long run if you always bet the same amount.

It is a profitable strategy - maybe you haven't tried it out yet.
You just have to have a huge amount of fund in order to follow this strategy or start with a small initial bet.
If one of those two terms is fulfilled then you will be about to make good money.

Meaning it's hard to be consistently successful (guarantee?) with the strategy or it's probably not possible to be consistently successful with it at all?
Well, I suspect the "random success" too but  randomness could be a bit lower with the strategy compared to normal bettings...but it's probably riskier.

True this. The Martingale strat works wonders if you have quite a big of money on the table since if you win just once, you can basically get the amount you lost quickly. No matter the amount, as long as you keep going, you'd sooner or later regain whatever you've lost. The logic is quite good tbh, and is understandable, hendce its popularity. But really, luck is something you don't understand using logic. It's called luck for a reason.
It isn't. Yea, if you have huge fund yes, but even starting with a small initial bet can without a big enough fund can cause you to lose pretty hard. It isn't really a strategy to follow up tbh. It's entirely based on luck and basically a forced pattern of you losing and winning depending on the amount of losses you've started with. It's not like your chances of losing is being reduced with each loss, so really, it's pretty useless.

The randomness is both killer and leverage for win/loss at the same time. The 8 times black number on the roulette table doesn't increase the chance of red number, no matter how many times the gambler has repeated the same bet over and over. Random success is temporary but having a pro gambler mindset is different.

That would largely impact your funds.

If you are doing the betting with the strategy, I guess you could control that loss but when you are using a bot that I do with some of my faucet satoshis, it is quick to lose. As you said, the possibility of being in a losing streak is always there that you never know how long will you double up your funds and how long would your funds handle that, that is the problem there.

People forget that in gambling,,, strategies are not meant to keep you in profit, but to do two things:
1. Increase the time you have until you bust. So instead of busting in 1 move, you can have strategy that makes you bust at worst in 10 moves.

So hopefully, the idea is to make 8 or 9 moves, and then take home the profit IF you do not bust before reaching those 10 moves. That is all it really is all about! Martingale to profit before you martingale to bust!

If you have got the bankroll to handle it, and are not aversed to losing large amounts before recouping your money, then the Martingale strategy should eventually return players to parity.

However, most casinos have limits in place which prevents players from doubling up after a certain amount, this is normally known as the bet limit or table limit.

For example, if you have already lost $50,000, but try to bet $100,000 as part of the martingale strategy, then you might come across a block, preventing you from making the bet.

In this case, it would be very difficult to recoup your money back with smaller bets, but it can be done.

Never and I literally mean NEVER consider anyone who says mathematically impossible is possible. When you are gambling on double down remember this, you bet 1 and you get 1.98 when you win, but you lose 1 when you lose, which means you are losing that small percentage each time, when you want to recover small by small you are actually losing more and more, and not really recouping back all your money.

This means overtime mathematically it is IMPOSSIBLE to make money with martingale, literally IMPOSSIBLE, if someone says it can be done, they are either lying or they are not aware that it is impossible. Sure you could make a quick buck in some tries and even maybe back to back days, but know that no matter how much you make a profit from it, ALL of that will be gone eventually because that is how house edge works.

Unless the gambler has unlimited money, doubling the bet of the previous bet amount will kill the bankroll sooner or later. It is clearly proved by many single or group of gamblers in both real and online casinos, so having doubt will not make it a good strategy. The martingale strategy has been adjusted several times by the mathematicians in order to decrease the risk of exposing the last bet and keeping the profit higher than the profit of the first bet which will be the same on all sequences.

The doubling strategy doesn't always cause loss. It can get success when used at the right time as well as limits. However even with this we need luck to win, today morning I encountered to use this strategy. Luckily I got back the lost amount, because from the spending of 0.001 btc finally after doubling I went upto 0.03btc. Finally went all in, but luckily I recovered. Finally I didn't used the strategy with plan, but with frustration of losing. Here luck saved me, else loss is the end. Upon this strategies too help us if we're lucky.

Correct if you have the bank roll then you can give it a try. But, I would never recommend it to anyone as it might not work on most of the occasion. I have tried it multiple times and failed on most of the occasion.

It's very tempting to do martingale, people especially newbies should first study this option on all of its aspects positive and negative, the strategy looks perfect until you tried it yourself and find out that it's not working, there will be a time that you are going to chase your losses and you have no funds to sustain it because you need large funds to implement it.

It is a good decision if you will win. But it is very risky since after you lose, there is the possibility that you lose more if you won't get that winning after doubling your bet. It might be the reason for you to do the same mistake and you might end up losing your funds so fast.

There is no strategy in gambling for me because you don't what can happen to you in your next bets because it is a game of luck and not a game of strategy unlike other games there.
If you are lucky and you can control yourself even you are winning then you can go out on the casino with profits. If you are lucky but you are greedy then you will go out empty-handed. Now if you aren't lucky and you choose to gamble still then you are considered an addicted gambler already :D.

Adjusting in different situations is the best thing to do and maybe it can be considered as a strategy too :D. Having many plans in different situation is better like for example situation A is happening then you must have a plan for that and so on and so forth.

There will be the 'if' case.
But for those that can't avail the potential and high chance of losing, better you don't try it. There's no need for you to experiment if you have not that much courage.

most often this will occurred when you put a double amount bet after you lose. the worst part is, you keep doing it when you think you can recover after you lose the double bet. If you can stop yourself from doing it, it'ss becomes a habit and you will always bet a huge amount every time you lose.

Not a really a bad idea but some gambler are trying it and maybe this was a lucky bet for them and recover their losses but the risk as also high in which a possible loss will occur in the 2nd time around.

I know a lot of people doing this seeking to recover their losses. This is not really a piece of good advice for an ordinary gambler but those who are not in limitation of resources, maybe they can. Gambling won't work in a cordial way and go along as what we want but this is a pure luck base game...winning and losing are common ends in here.

Pure luck negates predictions and strategies in gambling, even selfishness leads to behaviour that cannot be controlled due to chaotic thought patterns, in bets all players feel it. Still, it will end in disappointment and only occasional luck will accompany you.

For sure Every gambler must have a second plan for themselves as in case if you lose something you must have some plan to deal with it. As a betting Gambler you should know your predictions can be wrong or right so always have two options in mind but right after lose its not good to bet again at once that's why we should fist gather knowledge about the game we choose for betting.

No, martingale is a terrible strategy that always results in losing.


See this simulation - https://i.imgur.com/F3WS1im.png

At any point, you have the potential to completely go bust no matter how small your bet is in relation to your bankroll because doubling your bet after a loss is exponential growth. 

For me betting doubled isn't a good decision both for them who have limited and lot of funds. The result is still the same, too risky and seems just following emotion. I think betting normally is more than enough if you have a luck to win, so why need to betting doubled. Even you still have much money, but it is better to think effective way and do wise decision.

If I were to play dice, then I would rather play the safe way, my purpose in playing in the first place is to have fun, I find this strategy ridiculous because you know that the edge is in favor of the house and you want to bet more?, that sounds like throwing your win instantly.
Having a huge amount of fund defeats the purpose of gambling, you are there to increase your meager cash not make it a day trading, and saying that this strategy is profitable sounds like you are promoting the play that easily vacuums cash out of the wallet of player. You only say that it is a profitable strategy because you might be an investor in a gambling site or you are an owner of a casino.

Don't believe this fad people. Create your own strategy make it unique.

yeah Martingale is like a suicidal move and only for desperate gamblers,because you are relying in Pure luck while you can just play betting normally and don't chase your losing.
and so Just bet with small amount occasionally and let the game decide if you will win or not,and besides it is the enjoyment that we must look and not the winning only.

It's maybe a bad strategy but you can always bet not relying on your luck, like in sports betting, you can analyze your pick while using your the martingale strategy but your chance of winning still rely on your ability to pick winning bets.

As long as you limit your bankroll, it should not be a problem, you can set a bankroll today, if you got busted, you'll again set a new one tomorrow.

Desperate and greedy shitty gamblers who doesn't know the risk reward ratio.

I think the ones who are using this kind of strategy are the ones who wants to get their money back and they want to do it in a quick way. TBH, I have tried this strategy too in the multiply BTC on freebitcoin but since I'm just a newcomer of crypto at that time I just used a small amount (around 1k Satoshis just for the experiment).

In the first bets, I'm winning and I'm happy for it (a bit) and the worst happened. It started to lose and the worst part is it happened consecutive times until it stopped and when I see my funds, BOOOOM!!!!. There is nothing left on it :D. I'm not affected that much at that time since it is just a small amount and I concluded that Martingale strategy is a useless strategy used by newbie and greedy shit gamblers :D.

You can use martingale on Sports betting but ideally the strategy works when you know what the odds are and can win at a flat rate. So usually you're talking about using it on something like roulette and betting on a single color over and over again. Sports betting is a bit more complicated because it's easier to go on a losing streak with shitty calls.

In general, I think it is not a good thing to do in an activity wherein winning is not even certain, which is enough to invalidate that it would be fine to do so. Ofcourse, every gamblers are free to do so but I sugget not to, just play it safe and do not let frustrations eat you. Indeed there will be times wherein you are having that 'feeling' but that would boost your urge to more likely crave for a win, this would further result into bigger losses.

If ever you would prove betting twice bigger than your loss is effective, do not make it a norm in your gambling habit. Believe me, that is where addiction occurs. Everytime a gambler is experiencing frustrations, chances are high that he will lack awareness and conscious of why he is playing. Every gambler would have a mindset of not losing that much. And this mindset will be worthless eventually once you are too dragged in this activity. Note of how addictive gambling is. Keep in mind how powerful money is.

There are a lot of people that is really love playing gambling games and some of them are saying that once you lose your game and you want to earn it back make a double on your wage or your bet. Most of the people I know are highly recommended this kind of process because it is easier to get back your funds easily and does not take too much time to earn it back, but it is quite risky like on the dice most of the players do this kind of risk they are betting too much when they lose it is not bad if you make it try. But on me I make may gambling all the time safe and does not make too much greedy because sometimes there are a lot of people if they see the potential of the winning make a vast wage if you are confident enough do this kind of action but if you make any doubt take care on the decisions. Not all the time making double of earning is good because sometimes there are some not fortunate games.

A risk taker is aware of doubling the bet is no guarantee. That's why he's called that way according to what he does. We often see people say about betting for fun and entertainment but the reality people do gamble for the sake of the money.
Commentors like us tend to say about entertainment and fun but the actual situation of the gamblers is they do gamble for the money. And every strategy that they create is no other reason but to win and gain profit.

It can be a good decision or not as it is purely based on your luck factor. I have seen people who are complaining about why we do not go for doubling the base bet even when we are hitting profits. It means they are complaining like we are missing out good chances when luck is in our favor but we are trying to maximize our chances of being lucky when we are making losses. But unfortunately this is how martingale strategies is working and we should stick with its terms what exactly it is emphasizing.

Basically, martingale strategy is all about recovering our losses which will be possible only when we double the betting. So, if you hit profits then you must move on to test your luck again. If you  hit losses then you should work on recovering your losses. So, it makes sense to double the betting after losses and sticking with same bet after profits.

Well yes and no, but it all comes down to luck.

For example, start with a 10 satoshi bet.
On loose double it.
Theoretically, you can easily get a bad streak od 25 losses in a row, and you loose 1BTC+

How are sports bets fundamentally different from casino bets? Martingale is bad both here and there. In sports quite often there are win-win or series without wins, even for teams from which it was difficult to expect. And there is an additional unpleasant moment: there is always a break between sporting events, so the money that you invested in the Martingale strategy leaves you for long periods of time.

Because it's easier to make terrible calls on sportsbetting if you don't know what you're doing oppose to a defined probability of winning. If you're playing roulette, betting on red each time has a predictable outcome and you can calculate the chance of losing n times in a row. You can do the same thing with sports betting, but again, sports betting can also involve terrible calls because it isn't inherently about pure luck. Most of the times it is, but again, the point is about maintaining well defined odds and a game like roulette gives that to you easier than sports betting.

25 losses in a row does not happen all the time. It happens once in a blue moon, but then the fact remains that it happens. We are talking about 50% chance of winning here. The question is: is it gonna be worthy chasing that 10 Sats base prize up to the point of betting 8 million times more in the process? That is the ultimate goal in this martingale example. At some point you will have to wager like 0.8306 BTC in order to get back to step 1 and win 10 Sats.  

I use this when i am still hooked in gambling,because i am not contented in small winning and i hate seeing my losses.
all i want is to earn more and more thats why i don't care of the money.
i only stops win i lose all in my pocket and will come back once i again have capital to gamble.
10 sat doubling is not a bad idea ,but 100 sat to 200 sat is abused if you have limited budget.

Same here, but this strategy brings nothing but more losses,

Especially if you are more concern with more winnings and you stop thinking about other things like saving your money or having a new strategy.

Even if you have an unlimited budget, even if it is small I think this is still an abused if you double your bet since it is like you are rushing into things and that will become the reason for you to lose more.

If there are people who ask about that again, you can suggest them to try by themselves and see what the result for them is but don't forget to suggest them not too greedy and chase the win money. If somehow, they win the games, yes, they have their luck. But if it's not, they don't have to complain because they decide to bet double and if they lose, they cannot say anything to other people because we already warn them.

And as usual, luck will lead us to a result in gambling, winning or losing will greatly depend on our fate that day but that's a case where the luck factor exists, if the casino can get rid of every outside element like luck and technology, double betting after losing only gives us a single result, we will lose or be led to a bigger loss. This is also a warning to those who ask this question, luckiness will be a factor that can be arranged in gambling, since joining, we have lost control of luck and are going into a loss

This amount is acceptable. If you double 10 -20- 40- 80 up to 100, that's still an acceptable amount. Just look how much you have and weigh how much huge and small to you.
We're talking about satoshis here and they aren't that much if the figure is even lower and doubling it wouldn't matter to you.

If it is just a satoshis then it is applicable, when it comes about gambling with huge amount of money; doubling after a lose is not a good decision because it is a 50-50 chance. It is whether you regain your losses or it is whether you double your losses, that is why we should avoid it especially if we bet with huge amount of bitcoin.

There are a lot of people who regretted their decision when they lose because they did double their bets after they lose, it is proven that we should stay away with that kind of strategy because it can lead to greed that can lead to major more losses.

This must be one of the best explanation about what is martingale strategy. I just want to add a little more from what I have observed with this strategy. If you notice, almost all the strategies are working on eliminating losses but making profit is just based on our skill or luck factors.

This is because if you are able to recover the losses somehow then you can keep making profits. This is how exactly martingale strategy is working. So, doubling the betting after a loss is really a good decision. If you do not recover losses immediately then how you could focus on making profits. I just believe martingale strategy must be one of the greatest invention of mankind but unfortunately it is not working in this crypto gambling world.

As long as the amount is good as you can accept it to lose, that will not matter that much even if your strategy is doubling it. A known strategy that we know totally has a rule like this but it's not as effective to most.
Discern if you are ok doubling it but if not, then don't do it.

People simply put do not understand probabilities, they think that since there is always a chance to get their money back with martingale they are going to try it since they feel that somehow the world revolves around them and they should get their desired results despite the math that says it is not possible to do it over the long run, and when you add that in the short term martingale may seem to work by allowing to recover their money each time they try the strategy it is easy to see why they disregard the odds, until the day it does not work and they lose their entire capital and then they say the games are rigged when what actually happened was simply inevitable and a mathematical certainty.

Analyze and observe your behaviors, if you are getting aggressive it's means that you are prone to lose bigger amount of money. There's always a good practice in checking how capable you are with this strategy and how good you are managing your fund.
Martingale type of strategy can be good if you are lucky but if you are not expect much damage to your money.

You can use any strategy if you are lucky, martingale is good for people who are not lucky in picking bets so they want to try many times and if they'll win one bet, they'll win back all their loses, and I would say this is a bad strategy for unlucky people especially if they don't have the discipline.

Your statement is quite confusing. How can you mesh strategy and luck, they are much different! If you can win only based on the luck, it means you don't need any strategies. Regarding martingale, I don't think it is an effective strategy for betting. Some gamblers even got more losses by using that strategy. I suggest to learn it more before you conclude it is good or not to use.

Good thing that you realize that your chances of winning are slim thus making this strategy useless even though the chances that you will win large amount of money you are still an idiot. This kind of strategy are popularized by people who owns a gambing site or investor to rack up more profits from gullible players.

That's not what it is, you can double your bet in gambling when you lose if that is your strategy, not able to control means when you are not playing anymore based on your game plan, that's clearly the right picture of "out of control".

Probably, the reason why they popularized this kind of strategy is because their gambling game's system is focused on providing wining bet after a player losses. So to make things positive on the side of the bettor, the house is implementing such system for the players to win. But if you are really pushing the idea that gambling site owner creates this strategy, then the odds of winning for the gamblers is lower than losing in a large number games. In short, it was meant to deceive gamblers to believe they can always win which is in fact, the system is programmed to make the house win in the end. Is this what your point is?

They are different because strategy is what you follow when you are gambling and you could either win if you are lucky and lose if you are not, that if you are believing that winning is based on your luck, if not, you won't consider it, just a pure strategy and wait for the result which is you will lose or win.

what I'm saying is you can use any strategy and you will in if you are lucky.

You can follow the strategy but the result varies from user, some are using it effectively while some are not.. you are saying that is not a good strategy but that is only based on your experience or opinion.

That is what we will get into gambling, and no matter what is the result, we should accept it, and don't complain if we lose because we are not lucky than the other people. If you are not ready to get the loss in a big-money by betting double, you don't have to use double but use little money is enough for you. We need to control ourselves not to tempt for placing betting double because the chance is not too big while we also don't know how good our luck at that time.

I agree the martingale strategy is old news now.Martingale can work only in theory based on the fact that you cannot lose forever and by keep doubling your bet eventually you will win double of your initial bet which is not that big of amount.However in reality we have limits in sport betting,slots and other table games so it does not work.Based on that by doubling your bet is not a good strategy at all.

The control of your emotions is given and must be taken into consideration. But as long as the amount still fits your style of betting means that it wouldn't hurt you that much.
The chance of repeating your bets when you lose is high even if you double the bets or not. Martingale for huge amounts, I won't use it because I know my capacity.

In gambling, emotions really ruined your game. Each time you deal with your bet and suddenly you use this kind of strategy then losing streak followed up with you it will surely bust your funds. Make sure to analyze and know how to deal with any adjustments to take. If you seen that your strategy is not working quit pushing and changed up or quit for the day to avoid losing big.

Terrible events also happen in roulette (in terms of surprise) - for example, red drops 30 times in a row. Fundamentally, this does not change anything - at a distance such events dissolve into more "logical" results. The same thing happens in betting - the more bets the less the influence of some "unusual" events on the overall result.

Martingale had never been a good strategy for those who don't even know that they're walking on a burnt coal by using this strategy in their dice gambling. This needs to be very safely done and with only small amounts that you can afford to lose because big values from the beginning may cause you huge losses. The fact that I'm saying this is because, there's no guarantee that you'll even win if a losing streak takes place (maybe the website is rigged or not provably fair or something is programmed in such a manner that once you reach n amount of profits, it'll start ripping you off badly), the streak may cause you to lose for around 15-20 times in a row and it may even eat your entire deposit without you even see it being stumbled already as you just get addicted to that "Roll" button.

The loss sequence can go forever while the possibility of this event is under 0.0000001%. An unlimited bankroll is needed for covering the next bet after each loss, the dusted balance is inevitable, in this case. Btw, there is a table limit and VIP French roulette has the $50000 bet limit, IIRC.

And the worst of all, you will only win the "first bet" amount no matter how many times you double your bets (except in cases where your odds are over 2.5x or more per bet). But people mostly use martingale with a 2x as they have got fear of losing their bankroll completely if they go for higher odds and if their luck doesn't favor them. Even if you have what it takes, i.e.; the bankroll we are talking about, still if that highest amount per bet cap is reached, then you'll start losing more than the possibility of gaining (though that happens very, very rarely).

Yes, stop playing for a while will give us time to take a deep breath and analyze what's wrong with ourselves. Maybe that is a good step to avoid another loss, and we can safe the money to be used in another day. But betting double will not recommend, especially if you already play for some rounds because that can make you get big to lose in one round. Besides that, you can prevent the addiction that can come to you anytime.

not good to do repeatedly, there is a greater risk waiting if you fail to get a win, even though his intention to cut back can backfire and spend your own funds, my advice do not do this strategy.

Gambling is not for everyone and for those who cannot control their emotions or does not have self-discipline it would be worst for this people once they start gambling as they would like to continue it for longer time and if they just want to make money then higher chances that they may end up losing lot of money along with some side effects like bad relationship, adverse effect on health etc. Doubling is another bad thing that could happen if you do it and lose that money also. People actually take loan to gamble which is the worst decision as per me.

If you have money to bet?why not do that because it is your decision and desire
for what to do in your gambling activities of course.
I have tried that kind several time because i have no time to spend when i am
in gambling place so the faster i bet the faster
 my luck will decide.but of course with limitation as i only Bet from 10-30$ each
time i play in it happens only once or twice a week if not busy.

Meaning most win or have small losses(referring to the bolded part)?
Well, I guess it's called a strategy because it's probably not really based on luck. Maybe few can become successful with the strategy by learning or practicing it. Could be somewhat skill-based strategy? I guess those who are consistently successful in the strategy or are at least earning a living from it, can confirm here.

With your limit, you can't use martingale on it, maybe you can double when you lose but when you lose again, that would be costly to you if you will still double. So sticking with flat betting, I guess that's the best strategy if you only have a limited amount to gamble.

It seems to me that doubling a bet is not a good decision after losing, which can lead to even bigger losses! Especially when your budget is limited to a certain amount of money, you need to clearly follow the rules of money management! Otherwise, an attempt to win back and increased risk can lead to a loss of your deposit! ;)

The same as me. I will not recommend it especially for below middle class people that are also gamblers. Think of what will happen if you lose. Set aside the winning part because there will be no problem at all. There are ways in gambling, it is not just betting double. Losing even if it little already affects us. Sometimes it makes us sad. What more of we lose double ? Depression ?

Agree with you if you are gaming you cannot put double amount to get more profit once you see that you are getting nothing but only lose. So be ready and find good ways to get profit in gambling. Get real sites only and be with limited amount those who try to earn bigger with spending huge amount so they should keep things in mind that in gambling you have 50/50 chance to win or lose.

Gamblers apply this strategy because they see that they will be a able to win 99% of the time with it and they think they cannot go broke with that strategy when the opposite is the truth, what they do not think about is that if they play long enough they are going to eventually reach that 1% in which they lose and when that happens you lose all your capital, as such it is better to think of gambling just as another form of entertainment in which you pay some money to get access to the games instead of a potential way of making money.

I think it would be useful to make such people solve mathematical problems with specific numbers - not all people understand abstract concepts and formulas. But any gambler will understand that you do not need to play a game where 99 out of 100 bets bring a profit of $ 100 in total, but one remaining bet brings a loss of $ 200.

If you only have a limited amount using martingale is a sure way to shorten your time to gamble, you are going to rely on luck to win in martingale and not on the strategy, but anyway it's still a game of luck, you might get it in two to three roles, who knows the most important thing is that you are enjoying it.

No, it's not a good strategy if you have limited funds I've tried that many times in the past and I always ended up in a losing side, you sometimes win but most of the time you lose, a lot of people have experimented on this strategy and depends on your control and luck you can only extend your playing time but winning I don't think so.

Chance of losing is high and winning is just a tiny piece of chance whenever you do this. And if someone keeps on trying this and keeps on doubling the amount which is known as martingale.
The time that he win then that's already the call and sign that he should stop and keep the profit that he took from that win and don't repeat the cycle.

No matter what the strategy is, if you don't have luck, you will not have a chance to win the games. Even if someone is trying to double the amount, that will not work because we don't know if we will have luck or not, and we don't know what will come out at the end of the game. And yes, if he can win, then that will be the time to quit gambling as soon as possible before it is too late to realize.

Luck matters but we should not think that it's only the sole factor that is needed in order to win in gambling.
We keep learning to improve our strategy so we will eventually become consistent with what we are doing and that it would be able to bring us some wins.

Gambling is a game of luck if what we are referring are luck based games,.. hopefully a gambler would see the difference.

Definitely, there's no assurance that a gambler will win after a round when he losses the game. Perhaps, he might lose again, that is because the platform is being fair, meaning to say, that the platform is just generating random outcomes, and that means that any strategy applied to a random generating outcome system is not effective at all because in the first place, you don't even know the outcome so how could you predict it?

What I think is more important to spend our time into is to how we can control our betting habits. Such as whether to continue or to stop if we lose, or how many loses do we need to experience in order to stop playing.

Yes, we can always modify or improve our strategy so we can have more chances to win the games. But that doesn't mean you will have a big chance if you success modifying your strategy because there will be a lucky moment in your strategy. Maybe we can modify our strategy for 1000 times, but in the next 1000, you will not know how your chance is to win. We can only hope that every gambler will see that luck factor will be needed in gambling, so they know that they need to break for a while if they lose much money.

You are overrating luck. Luck is there as is but don't overrate it and tell that whichever you use, you won't win. That's simply wrong, let's assume that everyone has their own time to become lucky but don't ignore the strategies that gamblers do.
Experience is building these strategies but if you don't feel crediting it and it's not effective on your part, that's ok.

Yeah! it's all about luck when it comes to gambling, the experience will only help you on how to play the game clearly and to be able to win the game, you need to have a massive amount of luck every time you bet. even straight win comes from luck. it has been destined that you will win that game and when you lose it's all about destiny again that you lose that time. the experience will not help at all.

Okay, I got that. At least, they should know that in gambling, they must have luck which they can not always have it. If they can know that, I guess that they will be careful to gamble. But unfortunately, many gamblers chasing their luck until they spend more money, and some of them forget about luck. Let say he has luck in one strategy or method, so that will make him get winning. But in the next chance, although he uses the other strategies if the luck leaves him, the result will lose some money. And that can make him try with the other strategy.

The decision to increase the number of bets after losing is one of the strategies and efforts to win the bet and I think that is the biggest obsession for gamblers. Strategies like this might be useful if we are lucky men. Gambling always involves luck, even though there are many strategies we can apply.

Martingale is a strategy of doubling bets in hopes of winning and covering previous losses and if this strategy doesnt work properly then I think we will spend more money. The point is that no strategy works perfectly in gambling, although we can win a few bets with it, it does not mean that the strategy will function well on other occasions.

I have tried this strategy in a dice game, but if we cannot win on 5 occasions then try to stop for a moment and come back tomorrow. :P

   Martingale is a strategy of doubling every next bet after you lose, no matter how many times you lose. If losing
streak is too long you will lose entire balance. There are other strategies but this is the most interesting one. I don't
play classic martingale, I like to bet same bets more than once, no matter did I lose or win, only after 5 loses I start
raising my bets or my odds, to try to recover what I lost and eventually to make some profit. Without raising bets or
odds there's no way to recover after losing, or to make profit, in gambling you need to raise bets and odds, the point
is to have a luck and hit the right moment for that!

and this is really not a good idea to manage betting because even how big is your capital still losing streak will make this  zero.
yeah this is same logic as mine mate for safer betting.
But if you make 5 consecutive losses means you need to find at least other games instead .
That is why if you lose 5 streak then luck is not with you and stop for a while if you will continue or go home and back again the next day.

Yes, what you have followed up is correct and I do agree that in gambling there's luck but as I've said don't think that it's the main requirement when you gamble because it is not.
The case here is that they are not chasing their luck but they are chasing their losses and wanting to retrieve it back. Because it's impossible to know when your luck will come if you are not winning at all.

I guess that's normal for gamblers, but sometimes we lose control and that's the bad thing of it since most likely, we will just end our gambling session because we already lose everything. .. some people get more aggressive when they are losing, gambling sites like them a lot.

That's why we are gambling because we are trying our luck by risking money, well, as long as we are realistic, this would help us make some realistic decision as well.

It's normal, I'm only emphasizing the thing about luck that I have my different understanding.

Yup, I agree about being realistic. But it's not always that is luck we are trying when we risk money, there's also the strategy.

On the one hand, Martingale is strategy made me feel interested in continuing to play and bet at a later stage, even though I lost. But on the other hand, I must have a lot of capital to implement this strategy, and certainly not an easy matter if we have lost 5 to 7 times in a row.

It is possible that we can increase our chances of winning and restoring balance if this strategy works well, but if not we will not get anything and that means we lose all the balance we have. Whether or not a Strategy is good I think depends on luck and the way we increase opportunities. Dice is a very interesting game for implementing the Martingale strategy. But several times I ran out of balance. :-[

It depends on your playing style or strategy. Sometimes you just have to click the bet button with the guts and pray what would be the result.

Sometimes, I used a strategy of 120% increased when I loss a bet and the higher loss streaks I've got is 16. It always depends on the your strategy.

   Carlisle1 I start with minimal bets, like from 1 sat to 10 sat. Losing 5 bets is just 5-50 sat's. I like to play crash game, and I like to bet
on odds higher than 3. After losing 5 times, I will rise my bet, or option two I will rise odds, I will bet couple times with 100-500 sat's or
I will try to hit over 10 odd. It's a short explanation how I do it. I can't lose a lot because I limit myself when I deposit, losing entire
deposit can't hurt me, but with my strategy I always manage to recover and sometimes I even make profit.

And this is yet another problem with martingale, if losing all your money once you have a long losing streak was not enough I am sure that martingale shortens the amount of time you could actually gamble if you just used a strategy of keeping your bet the same size regardless of what happened, which means that not only you will lose money but it will happen even faster and that is a shame especially for those that are only looking to have a good time while they gamble.

I saw such a strategy on the twitch channel (you can search for this in the slots section). Micro bets with a gradual increase. The deposit amount relative to the initial bet is huge, so the loss does not happen even when playing for a month. But on the other hand, the profit regarding the deposit is practically not visible. In terms of making a profit, this is a pointless strategy, but I think it’s a good way to “safe” feel the taste of the game and excitement.

Look at this video (Bet HI vs Bet LO): https://www.youtube.com/watch?v=YGRUGlqni0E

This bot implements an algorithm to choose bet based on history. Numbers can be high or low, but in average, in the long term you will have the same amount of numbers higher than 5000 and numbers lower than 5000. In other words, the average of numbers that you get will tend to 5000.

This bot gives the option of choosing HI or LO depending on the previous numbers (if average is lower than 5000 it will bet HI, if average is higher than 5000 it will bet LO)