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Martingale strategy in casinos. How do you feel about it?  ??? ??? ??? My little experience sometimes comes with a good result) but more often the result is negative https://i121.fastpic.org/big/2023/0408/0e/4a52e2b3b6f6e455af7e3163dd0b060e.png (https://fastpic.org/view/121/2023/0408/4a52e2b3b6f6e455af7e3163dd0b060e.png.html)

Martingale strategy is useless if you didn’t know exactly how to manage your bankroll through assigning the right initial bet amount in proportion to your total bankroll with consideration to the lose streak probability that you are playing.

Don’t get me wrong. Martingale strategy is not bad it can help you to gamble disciplined by just following the strategy for bet increase unlike when you are just playing with emotion and losing that always result to all-in bet just to recover quickly. I have a lot of negative experience on this strategy way back when I’m still addicted on dice game.

That is a pretty graph you got there.  :)
I do not think it is useful as a gambling strategy for most of people who wish to try it, because the management of funds one's need to have in order to continue to increase the wager and compensate the previous losses.

For the regular gambler who have a limited gambling budget, it could mean to get drained before seeing a change to profit or  break even at the end of the session. This is something we have discussed before around here, by the way.

It is better for those who have much money to spare to try it.

Just take in count this progression with Martingale... starting from 1 unit you can lost more of 900 units in just 10 runs see below:
1-2-4-8-16-32-64-128-256-512
and the start was just 1 unit! You are literally forced to play at higher amount each time...

Plus, if you count a win that help to "recover" a loss, at the end you have achieved ... the same amount you have spent!
So if you are really lucky you can win your unit (first step of martingale).
If you're unlucky... you can loss a much much more of the first unit you were playing.
Use some calculators and then you realize how big is the risk/ratio for this betting strategy.

I absolutely agree with you playing this strategy must have good brakes) And most importantly, I realized that in this strategy, you should never go all the way ... and even better to reduce X

If you are trying the martingale strategy just to get some fun then that is fine, however if you are expecting positive results from it then I am sorry to disappoint you as this will not happen, the idea behind martingale is attractive, if you lose and you double the amount of money at risk during the next bet not only you can win your bet but you can recover the money you have lost previously, however casinos know about this strategy and they do not fear it, do you know why? Because over the long term you will lose enough times in a row and lose all your capital.

I remember a day I was using martingale strategy why playing roulette on an online casino. Normally I used to play like three times and anytime I win before the three times play, I just take my money. If I have enough money, I can make good calculations and go five times. Anytime I win, I do not bet again.

But there was a day that I lost during the five rounds, I have no option than to just quite gambling that day. It was an unusual day for me. But normally martingale strategy is working for me. I am not an addict and I only gamble just like 2 days weekly which is also helping me because the more someone is gambling the likely the person can lose. I am gambling less often and the strategies I am using is helping, especially the martingale strategy.

But while using it, you still have to be careful, because if you lose at the later round of the bet, the loss is very huge.

I don't like it.

I more like it a martingale system on "win". As you know, If you are on unlucky section this is just gonna to blow up your balance. Why, I more prefer on win? because on gambling section cooperation between Good & Bad Section is always like 1:10.

1 Good Section & 10 Bad Section. If, I find some momentum on win I always double up to 3x times and gonna to bring a lot money at the time on good section.

Of what you've said. That's basically the description of it. It's not going to work in the long run, well, might work for some but talking about its accuracy for your wins then it's not going to give you positive signs.
Take it from the majority that did it and ended up with the same results as yours. Speaking from your experience, you know that it's not a good strategy to lean on because it will just dwell you in losses.
You may come up with another strategy but even then, that won't suffice your desire to have a lot of winning because it's just not really going to give you stable results.

^I don't like it, because it always gave me a negative result.
But you have a beautiful graph which is it works for you, martingale strategy is also based on luck, if you don't have this luck you will not survive in a long term, besides, the martingale strategy needs more funds to recover your loss. One advantage of the martingale strategy is that it can help you recoup your losses quickly IF you experience a winning streak and still you have funds to beat the house edge. You can keep folding bet your losses to recoup your losses and of course, it need more capital to do that.

I already dumped it, like you I sometimes have good results but most of the time I'm frustrated with the results, if you're using a martingale and thinking of making a profit, better forget this idea it just won't work if you cannot keep up with a bankroll you'll end up losing everything.
Martingale's scheme looks good on logic if you double up you could end up recovering all your previous losses, but you also have to consider that the losing streak could go as high as 20, this is how I lose a huge portion of the token I got from the bounty campaign, it hurts because I could have used that token for staking.

It does not work for some people because they do not plan it very well, or when they lose they continue to gamble more and more after the strategy that has been used and failed, instead not to gamble for that time again they will continue to gamble. It may not work also if you are using too much money to gamble.

If you use the strategy, it should be in a way that you win and leave. If you first lose, you use the money that is enough to win the second after losing the first and win much more than the money lost at first and so on until the amount of money that you can use for that period of time has been exhausted, and you should not gamble again. But before the money is used up, you should have won at one time which is enough to cover the loss at once and quit for that time.

But just that many people do use the strategy very well but using it wrongly, or they continue to gamble after falling to win.

Well, Martingale may work in the short term, but in the long run, the house always wins. It's a bit like trying to outrun a cheetah in flip flops - you may get a few steps ahead, but eventually, you'll be caught. So, my advice would be to enjoy the thrill of the game, but don't count on any betting strategy to make you rich.

Martingale strategy is often a failed strategy but there are some people who are successful in using it.  I think this kind of strategy is dependent on how a player can be able to determine when to reset his bet within the number of losing streak, or when a player decides to stop his gambling session in order to bag the winnings brought by the martingale strategy.

I believe Martingale is good for a short session but devastating if a player is into a long session gameplay because the longer the player plays the longer the losing streak that may appear.  This long losing streak may drain the bankroll even before the winning roll pops up.  So in the end, martingale often makes the player's bankroll depleted faster.

There are a lot of topics and discussions about martingale not only here in Bitcointalk but on other platforms but all of the discussion points to martingale as a useless strategy, you can use it for entertainment just to see if it's your lucky session you've used the word sometimes and most of the times, in favor of the casino, it will continue like that if you continue using martingale in the end your losses is bigger than your winning, if you're not a whale with big bankroll forget the idea of using martingale but if you want to enjoy playing then, by all means, do it, just don't overdo it, use only amount you allocate maybe up to 10 rolls based on your calculation is already good

With using martingale strategy, you decrease your chance of winning.

Let's say you have 1 BTC and you want to double it in a casino with the house edge of 1%. If you bet your whole balance in a single bet, the chance of winning would be 49%.
If you start with 1 satoshi, double the bet amount every time you lose and set the bet amount to 1 satoshi every time you win, the chance to double your 1 BTC before losing so many times in a row so that you can no longer double the bet amount would be less than 28%.

Many already tried this strategy but didn’t succeed as well because the house always win.
As I can see with your result, losing are still inevitable despite of using this strategy that proves that Martingale is not worth it in the long run and this is also why I decided not to use this and only bet within my limit.

Any known strategy, when you don't know when to stop, you will end up losing.
Martingale or any other strategy, will only work for quite some time.
If you will continue playing even after winnings, the house will definitely catch up until you lose your winnings again.
But those strategies work, only to certain degree. Not all the time. You should know how to manage the winnings if you got to such point.

Yeah, true that there have been countless threads that's been made asking about this strategy and the reality of this is that this isn't going to be a strong and stable strategy. You can do it for fun and that's leave it there but do not expect that you'll be making thousands on this or even a hundred. The risk is high and if you're a rich person, you can do this strategy and see how high you may go until you run out of funds and kept on trying your luck using martingale. If you just happen to see the strategy OP recently and as you've tried it and still thinking that the result can be reversed based on the results that you've got, don't think about it. Do it for fun and you'll never be bothered, only if you have a lot of spare money doing this.

Whatever strategy you are using if Luck is not on your side you will always ended up losing. Yes, many topics already created about Martingale and you can read most of the comments about being not good at all, its too risky and too greedy better to gamble small and make your time more worth it while playing. Luck will still be the basis of your gambling winnings because if this strategy works, then casinos will surely lose a lot of money,

I do not completely agree with this. I do not agree completely because you can use martingale strategy to win and it gives you more chance to win than lose, but loss is still something that can happen while gambling. Even if you are gambling too often, losses are closer. Betting requires discipline and to be satisfied with little profit won already.

Assuming if you have $100 to spend in a day. You can bet at ones and lose or win, the win or loss would only be bigger. If it is loss, it would be a pain in the ass.

But with martingale strategy, you can start with $10 dollars. If you win, just do not play again. If you lose, you can use $30 next, if you win, you will win far more than $10 that you lose, then stop gambling for that day. If you lose, you can go for $100 which is the final for that day, if you win, you will win more than $40 that has been lost already.

But if you lose the third time, that is a big blow on the gamblers head, but using the amount of money someone is able to afford to lose for gambling is the advise.

Some people use martingale strategy to win while some people use it and lose, but if you use it, you need discipline.

The more you play, more likely it's going to be that you are going to lose, what is inevitable at some point, due to hiting the called long term in gambling and also due to the house edge, which is the small advantage the house has against gamblers. You need discipline to not waste all your money at once and to not lose more money than you can afford to lose, although you must be always prepared to lose money when using Martingale strategy.

The strategy is pretty efficient on short term, but the problem is that we never know when it's going to stop working... It can be on your next bet or after the 100th bet.

However we control ourselves, we easily fall to this strategy. My most preferred game is Dice and when we're in loss we try to recover back what we've lost. In such event mind will be out of control and at times the strategy works, but most of the time it once again eats our profit. Martingale strategy never be trusted, users who have a big holding of fund could give a try, but at same time even the high roll on martingale is risky.

Martingale is not a strategy, to begin with. It's more of a betting method. Let's also take note that casino games are more luck-based games. Regardless of any applied strategies, losing is more likely to happen in the long-run, honestly, even in the short-run.

The best thing to when dealing in a casino games is, put up a strategy that will make our bankroll last for long.

If winning big, learn to take a break. If losing big, also learn to take a break. Discipline is the key.

It doesn't work no matter how you set the parameters especially on the long run.
In almost all luck-based games, each round is independent of the previous one so there is no guarantee that if you lose the current round you will win the next one, even your chances of winning will remain the same and won't increase as many gamblers believe. There is always a chance to start your session with a long losing streak which may drain your balance and you should consider this possibility.

There are a LOT of discussions about martingale so if you're interested in reading through some of them, then I'll link some below. To add my opinion to it, it's not a strategy, it's just a method that ensures that as long as you have money that you can bet, you can break even at some point in time. That's not really winning, that's just playing their game and for some reason hoping that you still get away with equal amount, instead of the intended purpose (imo) of winning all or nothing in gambling. And with how the casinos always win due to house edge, I don't really think it's a strateg yto follow.


https://bitcointalk.org/index.php?topic=610339
https://bitcointalk.org/index.php?topic=1376827.0
https://bitcointalk.org/index.php?topic=5406600.0

We usually try this strategy if we're desperate to recover our losses quick. But it can also drain your bankroll fast if you're not lucky to win the bet. I tried this many times when i'm losing my patience but the result is often not what I want it to be. Thus, it's not advisable especially if you only have small funds when you're playing. Martingale is not an effective strategy to win, therefore if you'll use it, be aware of the risk.

Anyway, as others have said already this topic has been discussed before in other threads. Hence you can read those to get more idea of the user's opinion regarding the matter.

Do you have your own strategy that you've developed?  ???Develop your own strategy is an option.... For example, I sometimes use a strategy, X3-and when losing increase bet 69%, and stop betting when losing 5% of the balance This allows me to win back a loss on a smaller X  :-\ https://i121.fastpic.org/big/2023/0409/81/3476c2a2d872dd40bcaab1fa09191781.png (https://fastpic.org/view/121/2023/0409/3476c2a2d872dd40bcaab1fa09191781.png.html)

Martingale is my preferred gambling strategy, you know exactly how much to gamble with each bet and with only one win we are going to recover all previous losses. The main problem with the martingale strategy is that if we don't manage our bankroll properly we are going to go bankrupt in a losing streak before recovering. That's why it's important to start small with only a tiny fraction of our overall bankroll. 1.8x is a good multiplier, the highest I would go with martingale is 2x.

Martingale strategy should not be trusted especially if you are losing already. If you lose but still not go beyond the range of the martingale strategy that you are using, it is still good to lose and still follow the strategy, but ones the range is beyond, you should not continue to gamble because the loss with martingale strategy is very huge, better not to gamble at the time again.

I have not used martingale strategy before because I was losing, I use it to start to gamble and anytime I win, I have won for the day and I stop gambling for that day. I do use it at later time after several losses, because I know that any loss further can be huge while using the strategy at a later time while gambling.

Sometimes it works and sometimes it won't. Casinos wouldn't have survived if Martingale is that effective. Martingale is a strategy that needs deep funds and these casinos have deeper funds than us. The danger of Martingale is if we are playing beyond our budgets. There's also the house edge which will make it more difficult to overcome when we are into a string of losses. So I just stick with my little bets without doing Martingale. Betting is for fun anyways so no hard feelings and no overspending to avoid problems.

Well sir, Martingale strategy is good only if you really know what you're doing and only if you really know how to manage your bankroll (it is so easy to lost it); also, you should consider that expected return aren't so high,

so, you have to take many risks only for earn the same amount of the initial bet. I would try another strategy, martingale one isn't so good.

It has been discussed a thousand times before. Martingale sucks. End of he story. The only thing martingale is good at, making you poor. As long as there is a house edge involved, and 99 times out of 98 there is, martingale only ensures that you are going to lose in the long run. If you want to win against the casino, you need to play once, wager all your bankroll and hope for the best. If you are lucky, then you are lucky. Good for you. If not, nobody cares. When you do martingale, your winning chances go out if the window.

In my gambling history, only once did I use the martingale strategy in a roulette game and it ended very badly for me when luck was on my side, my balance was quickly drained without anything left.
after that bad experience i never used the martingale strategy again and i think the martingale strategy is for those who have big balance in their bankroll. if you only have a small bankroll it will only waste money quickly.

but you have good experience using martingale strategy in dice game, I consider you very lucky.

Think about it for a minute... you're playing a strategy that allow to... earn 0 ! Or at least you can just recover your loss or win from the first bet! Meanwhile you're risking an indefinite amount (or a big multiplier of your first streak!)
Make some maths guys, martingale in games where it's easy get a long streak of losses is something devastating for finance and requires and endless wallet, with the chance to earn just a basic bet!

The martingale strategy is sometimes quite good if done in games you can rely on, such as dice or roulette.
But we need to realize that this strategy requires quite a lot of money and not all gamblers can do it and are willing to spend large amounts of money just to bet because most of our gamblers are small gamblers who play when they have free funds.
I myself have tried this strategy several times with only limited capital and in the end it just ran out without anything left. After I studied and conducted research, large amounts of fresh funds were indeed the main supporters of the martingale strategy.

I also use martingale in the game of Limbo sometimes wins a lot but mostly loses playing there, I've never had a problem using that strategy with a side note I've used other strategies too but yeah the results are the same so I don't really care what wins I know I'm playing for filling my free time watching football matches and betting on those matches while playing limbo.

I also play limbo, but I like dice more) And I see that you also play in this casino, you have a signature you participate in a subscription campaign? ::)

Many gamblers use Martingale strategy in their gambling, someone modifies it, but I am sure that most of us at least once in our lives have played by this strategy.


I have lost a few times using this strategy, so I would like to warn newcomers who are confident that this strategy is a win-win. This is not true and a lot depends on luck and the size of your bankroll.

There are many gamblers who will always use this strategy because they try their luck because if they are lucky it is quite fun but unfortunately players find it difficult to stop every time they have succeeded with this strategy several times because they always think it will go the same way and the end of the game is the balance is increasing but the reality is the opposite. So this strategy will never work well in the long term because if it does, the casino will lose because players understand how to get certainty of winning by using this strategy. It doesn't matter how much money you use because eventually it will be hit by the max bet.

I think even if someone tries to create a plan out of this strategy, it won't be having a good result. There's a little chance that it can but the majority I think will approve that it won't be ending somewhere positive. And let's say someone uses this strategy and ends up winning, I agree to you that the next best move is to get out and leave, take the money and you're set for that day and depends on how much you've won because it can be good for a week or even a month.

It's different on this one, the martingale strategy. You use it well but you still have an assurance that you'll have a good ending, proven and tested by many.

that's the dilemma of most gamblers. once they got their winnings, they feel they need to continue to get more. and that's when martingale strategy is losing its charm. if you don't know when to stop, any strategy won't be your friend. such strategy will only work for quite some time. it doesn't mean that if you know one, you can have the guarantee of going home with winnings.

This technique has rarely been adopted by veteran gamblers. unless it is only done as a betting variation. I mean, once in a while doubling the stakes never hurts.

By the way, I will not forbid you if you are interested in using this technique. if luck is on your side, then you will generate high profits. however, in most cases it is usually the other way around. You can use this technique in any game, yes, it's up to you to like the type of gambling that you enjoy. can be dice, blackjack, roulette and even baccarat. but for sure, you must be prepared to lose a lot of money that you bet. because, as we know, every subsequent doubling, there is always the potential for loss.
In the past, I often used this technique in Baccarat gambling, but in the end, the house won. yes, whether it's because I'm greedy or luck is not on our side.
well, it's even better if you play as part of entertainment only, with money ready to lose and if you lose, you won't be under too much pressure and will be pushed to try to make another deposit just to catch up on defeat.

it's an extremely risky strategy with very little profit and also a very dumb way to quickly lose your money. I've seen a lot of threads talking about the martingale strategy and some even made an experiment on it(Martingale revisited (https://bitcointalk.org/index.php?topic=5168782.0)), majority of them if not all say that it is a bad strategy or it doesn't work especially if you are playing on a casino that has a betting limit.

I keep seeing strategies here and there but, to be honest, it really requires a little of that to be able to roll out with something major....
Hold on a second, do you think those software developers are as dumb as the owners of any casino too?? I mean, this options are being revised and improvised to Thier favour..(y'all have limits, and this strategies are one of them)..how?? This is already publicized and casino owners have seen 'em tips, do y'all think they'll keep quiet about it?? Hehe...lol

Sandra 🧑‍🦰

It is often believed that Martingale's strategy is not a good strategy for long-term gameplay.  Since martingales often raise the bet amount exponentially, there is a chance that the bankroll will be depleted easily.  Aside from that,  if in case a player experience a losing streak, no matter how huge the player's bankroll is, it can be depleted before the player knows it.  With the fast depletion of bankroll, players are often left in shock the losing experience may have an impact psychologically which often causes regrets and then depression if the losses are too huge.

So my take on Martingale's strategy is to use it if you know what you are doing.  If not then better to not touch that kind of strategy.

I dont know why'd you use this strat for any fun experience, it ramps up risk and on the serious side I dont think it delivers any great advantages or statistically justifiable results in profits seen etc.   Its kinda like being really bored and deciding russian roulette is an exciting game, theres better choices; use really small amounts if you do test this imo. 
 I have read one person saying it worked for them long term but I think he must have been talking about ramping up his figures for the bonuses given and it helped him with a positive bias that way.  

Martingale strategy in any game is eventually going to end you up with a 0 balance. If you played $100 a day, some days you will win and some days you will lose. Overall though if you track your results you will see that you ended up losing money. It;s just impossible to sustain overtime unless you have billions to spend gambling.

There is no guaranteed strategy to make money on daily. Casinos know this and that's why they aren't too worried about players beating them. Eventually the house edge always catches up. You want to give yourself an edge, play games with the smallest house edge. Skill games such as poker.

It doesn't work unless you have deep pockets. It will just take a long time before you feel the profits of it which in the long run becomes a boring thing.
Never have I seen a gambling strategy that does work, especially in online casino games. That is one of the biggest reasons why I chose sports gambling instead. Why? Because somehow I could increase the chances of winning a game by using analysis and histories of a player or a team.
Just play the game and enjoy it if you can because do remember the house will always win.

yes I see you play at Stake and I don't always play there sometimes only do sports betting and not only play casino there but also play in other casinos because I like to find new experiences in many casinos, I also like dice game but I often try my luck in limbo or crash games, btw, try to find other strategies for you to try, well, who knows, you may find good tactics and strategies for playing casino.

Martingale does not work in online casinos where most games are software controlled and they can opt for example to hit 100 times the red and never the black numbers on roulette while in real life we know that this is statistically impossible.Also in offline casinos they have set betting limits in place exactly to stop this strategy of Martingale and even if you find places where to apply it,the risk is big and the rewards are low so it is not at all recommended.Even in sport betting you have to be super patient to apply it only on odds over 2 but I doubt any gambler has such patience,if they had it,they would quit gambling very easily.

in the end any strategy will not be able to beat the house edge. how is it possible that gamblers will always benefit from the martingale strategy while there is a maximum bet amount limit that makes gamblers have to stop doing the martingale strategy and lose again. what is certain in casino games is a mystery that until now has not found the answer to benefit from casino games and they are more compared to sports betting which in statistics is easier to get a chance to win by analyzing each team that will be selected.

therefore it is very rare for gamblers to use the martingale strategy.

And you have lady luck on your side to win using this method. So it's doable, but as you have said, you need to have deep pocket + lucky to strike and make money out of it.

I will be honest that I used this method on card games like baccarat, but I'm not going to risk to go on a run. 3 successive wins for me, doubling my bet every time is good and I will stop and stand up already and maybe take a rest if I'm in a land base casinos or try any other games or even go home with my winnings already.

 I am a newcomer to gambling in general I have been playing since 2020, here is the last game with martingale) https://i121.fastpic.org/big/2023/0410/6e/1cacae9c8325d5c66e363c9c3f84c26e.png (https://fastpic.org/view/121/2023/0410/1cacae9c8325d5c66e363c9c3f84c26e.png.html)   look forward to next weekend) thanks for the answers) every experience is very useful to me   ;)

Martingale strategy is attractive but only for those who have not been there and are still tempted to bet because of their greed. However, for those who have been doing martingale before, I guess most of them are not gonna do it again and just settle for small bets if their bankroll are just limited. Except for rich and high rollers as they have all the reason to love this strategy since losing their bets cannot affect them financially.

Martingale's strategy will never work in any casino in the long term. I will share my personal experience with you. When I first came to know about this Martingale's strategy, I decided to test it out. It worked well for a few of my dice games but then i kept on doubling my money on every loss, but unfortunately, i never got to win until my whole balance at the gambling site was exhausted.

I concluded that once we keep applying Martingale's strategy, the casino will recognize the pattern and then there will be a time when we won't find a win and lose all our money.

Not a strategy that will always be effective, but overall I see this strategy is working positively in most causes if some can implement it. All the gamblers who want to enforce this technique should be kept in mind how much healthy or what is the condition of their bankroll? If a gambler cannot return to his gambling discipline, he will not be able to benefit from this strategy. After all this technique is useful for those who have good financial support.

We should gamble more for fun than to make money from it, that is what I feel about this Martingale strategy and any other strategy that is introduced as helpful in gambling. Depending on strategy and trying to get better at gambling will only make you gamble more and maybe become an addict before you can notice. I know it is good to try to make your gambling profitable, but you will loose a lot of money and gamble out of proportion in trying to test some gambling strategy because you want to make gambling a way to make extra money.

What X were you playing on? I realized one very important thing about martingale, if you have a lot of reds you have to lower X

Are people still engaged with the martingale strategy in gambling? I thought they'd learnt from the past. Martingale could help when you are on your lucky day, but could still ruin your day, if not your month if not. A well-planned gambling strategy is better than a martingale with casinos in which the gambler is so aggressive and more risk is expected for more money to be made.

But this as well could work against the gambler in the process, which is the most common outcome of the strategy.

MartinGale can work with emphasis on can work. If you had infinite money in your bank account and bet 100 times in a row, there is a 99.999% chance that the system will work. But a casino has different limits in Roulette but apart from the roulette table there is another problem and that is also the biggest problem. Namely your bankroll. You normally start with $1 and if you lose 10 times in a row then in your 11th bet you are trying to win $1 while betting something like $2000. If you think about it, that's actually crazy. Yet there are people who still believe in the system and hope and assume that they will not be hit 8 times in a row.

This is why this strategy is known to work if you have good bankroll to begin with.
But if you are working on a certain amount, then, you will likely end up losing all your funds.
Besides, there's only a period that this strategy will work for you. But if you won't stop playing, then, the house will catch up as remember, there's HE.
Martingale or any other known gambling strategy, will only work for you if you know when to stop. This is why any strategy won't give you a guarantee of winnings.

When you consider that it is not going to be really possible to get rich this way, then it becomes a little bit easier to realize that maybe you should do something else instead. People talked about how this is not a method that makes you money, it is a method where you will eventually lose one day or another.

So, why insist? I think it is crucially important not to insist anymore and just focus on how much you could make from this, because if you could just focus on how you can profit from gambling, then you are going to end up being upset eventually. Gambling is something we all lose money if we keep doing it, if you want to keep gambling then you will lose money and that's it, there is no alternative scenario to that.

It is not a matter of feelings, it is a matter of knowing that Martingale is a fucking garbage strategy that only makes you lose money while you insist on believing that it or any of its variants is a good strategy. You say so yourself:


So deep down, no matter how hard you try to deceive yourself, you know it doesn't work. And no matter how much we explain it to you and insist on it in this thread. It's a cyclical thing. In a week, or a month at the most, we will have again someone opening a thread about Martingale saying that it worked for him or that it didn't work for him because he had bad luck but that it really works and crap like that.

What else would you call a strategy in gambling? Betting methods are actually the strategies in gambling since you are the one who would decide how to bet and how to spread your capital into how many games and game sessions and how to manage your bankroll for different games, etc. That is how it works in gambling.

You are right that gambling is all about luck, and to be able to win anything out of it, one must be very lucky, and if one is destined to lose, no strategy can really change that and even if he manages to recover losses at first, the eventual results will be in loss.

don't gamble and make it a permanent job to make money because gambling is not for that, people who consider gambling as a source of income are clearly wrong because of course we will lose a lot of money after gambling. all because of our mindset of targeting victory, if you play without targets and are consistent with small wins, that's enough. just play for fun so that there is no defeat that makes us curious and makes us addicts. the gambling strategy needs to be consistent

For me personally it has never worked and I think it's way of losing more because playing regularly on a game doesn't give you more chances of winning but only reduces the bank balance of your account as you are engaged in aggressive betting.There are some players for whom it may work but for majority I think it has never worked so my choice is not to play with this strategy following your own gameplay with limit control.

Martingale strategy may be tempting to use-- and I actually use it every now and then-- but it is never recommended. That is regardless of whether you are playing in a casino or betting on a sports match or whatever gambling.

How long are your losing streaks could get in gambling? It is not only 2 or 3 or 4 losses; it could be 8 or 9 or 10 losses or even higher. If that happens, can you still continue to double your bet until you win?

Exactly because basically gambling is a place for someone to lose the money they have.
Thinking that gambling is a place to make money is a big mistake and I believe this kind of person will only get economic and financial ruin in the end.
It's better to gamble for fun and with what we can afford then luck will side with us without realizing that victory will come by itself but still winning in gambling is just a sweet taste of defeat.
Back to the topic that any strategy can be useful if the gambler can do it well.

Some people are using martingale strategy wrongly, an example is when chosing using it for low odds like 2, do not mind me considering 2x as low odds when using martingale strategy, it is because if one game is lost, it may be hard to recover loss if the first game is lost. When using martingale strategy, I go for casino games of at least 3 odds which is better. If I want to play five games with it, I can still recover losses if just a single game is won before the five games. But if no single game is won, it is a big loss.

He looks serious when it comes to these matters so I think yes he might have his own strategy and this is better than depending on others because you already tested it out yourself and it won't make you feel bad in an extreme way. Your strategy right there seems very risky. Maybe you need to lower that 69% because like @harizen said, the goal in playing luck-based games must be to last long.

For me, I only use 6% increase for each loss that I made and it doesn't seem a lot. I also team it up with the lowest possible bet. Martingale is good at winning back our losses. It's not bad if our goal is to increase our wager but I think it's a bad method to use if our goal is to increase the size of our bankroll.

I agree with your statement.

Just to share a personal experience of mine, I used to accompany my brother in f2f casinos pre-covid days. Most of the times, he brings around $200-$300 worth of cash and he uses the Martingale strategy in order to quickly recover his losses upon a losing streak. Of course, this works if you have sufficient capital in order to bet for the next round and most of the time it works.

There was a time, however, where my brother experienced losing 5 times in a row and the money that he had to bet multiplied x5. He did a hail mary bet and luckily, he won and recovered his losses from that night.

Even having a very large bankroll can't stop you from going bankrupt if you are using Martingale strategy and if the loss streak becomes a little too large, let's say about 10 to 15 consecutive losses, and believe me, when you are out of luck, that happens. I know it doesn't happen every single time but we all know that this is something possible in gambling.

I just had an estimate, if you get 17 to 18 consecutive losses, have a bankroll of $1m, and the initial bet is only $5, you will go bankrupt at the 18th bet if you are doubling your bet after every loss. So it's basically a deadly strategy.

That is a very harsh opinion about Martingale, Poker Player.
Out of curiosity, have you ever tried such "strategy" yourself or have you known anyone which used it in pursue of making money out off it in casinos?

The way your talk about it makes me believe you may have some experience with it.
Do you have some story to share about Martingale yourself?  ;)

If you feel like it, of course.

I have to smile a lot to remember one of the strategies in this gambling. To be honest I have lost a lot of money with the strategy talked about, of course that was in the past but of course some people can win bets to some extent.

Martingale is not a strategy to win, but in the long term it can be very detrimental especially when applied to games based on luck. To this day, the average gambler seems to be aware that the martingale strategy is unprofitable, but somehow it is still being tried by some.

Not everyone knows that this kind of technique has a very big risk. So, it's only natural that there are many gamblers who are still interested in betting on their own luck using the martinggale method, regardless of the type of game. talking about gambling or betting, in fact, the goal is nothing but to win and make money, even we agree with that. even so, everyone has their own and different ways.


Well, here's a problem. that most people don't have a good understanding of gambling itself, understand how a gambling game works, and what to watch out for before gambling. so it's only natural that many of us or gamblers insist on using this technique, although some of them do it with various variations.
But, overall I agree with you. especially with your statement regarding if someone focuses only on making a profit from gambling, then what usually happens is the opposite. well, this is what gamblers, especially beginners, rarely realize. then there is no other word, other than gambling just for fun with money ready to lose. plus, limits that have been set. yes, just make it a fun hobby.

On my end, I view this strategy as increasing the risk. Also, this would only work if you have a huge capital in order to sustain your 'double the amount' bets, which is something not advisable. Winning will never be certain to most of the gambling games which is why for me, invalidates the idea of doubling up your losing bet in order to make up for it.Imagine you are just on a losing streak because you are unlucky for that day, and you pushed this strategy; how worse could situations be? This strategy is somehow a way to push through with gambling; like forcing to win against the house. Something which is forced won't end up good. It will always be better to just be aware of your losses in order to control it.

this reminds me that in the past, to be more precise when I started to know about bitcoin and altcoins I made faucets, although at that time the faucets gave a lot of satoshis the value when I converted it into dollars was not much, they were just sent because at that time the bitcoin price was around 900$, that's why I decided to play dice to increase my balance of satoshis, I went to see several strategies on youtube, each person said something and I tested it but it didn't work, other people talk about using martigale which consisted of always If you lose, double the value, then change and play normally while you are winning, you would not use the martigale, but in case of losing, you would double the winning value again, reduce the value again, but double the bet, and so on

even using this strategy was useless, after playing for hours I lost everything that took me a whole week to gather, it was very frustrating to spend a week claim satoshi in the faucets and then lose everything in hours playing, at that time I didn't even pay attention that people on youtube were giving those useless strategies because they wanted a lot of views on their channels, they weren't helping people and I really doubt that they used what they were talking about, but I was naive and kept using the martigale strategy

as time went by it became clear to me that there are things one shouldn't do in gambling, things like: " chasing losses ", one should never chase losses and martigale is even meant for people who are chasing losses, and these people always go bankrupt, in my case I don't use martigale and I don't chase losses, even when I lose I keep placing bets normally as I always do, I don't think about the loss in the sense of recovering

And it is not difficult to see why it is still a popular strategy despite its flaws and the knowledge it makes you lose more money than you would otherwise, and this is because when people lose several times in a row and then they get mad this was the case, they want to do something about it, and the very first strategy that comes to their mind is the martingale strategy as it is the only strategy that gives them hope to recover the money they have lost in rapid manner, however if they are unlucky they will lose over and over again and once they calm down they will realize they lost way more money than what they expected.

This garbage comes up every few months and is only perpetuated by people who repeat it. The word strategy implies a skill, a clever behavior or device that is used to complete a task. This is none of those things because it is defeated by simple mathematics. It relies on you having infinite amounts of money in order to drain a casino of their funds, in which case why would you even be bothering to interact with the casino when you're already living comfortably? It appeals to people who don't have much money, yet they always end up losing what little funds they have in desperate attempts like these. You will run out of money employing this method long before the casino runs out of money. Don't do it.

This strategy has been used over and over and while yes for a time it can work but if you follow it all the way through it will eventually bankrupt you.  If it is as easy as following a step by step strategy like martingale then everyone would do it and bankrupt the casinos.  Quite the opposite really.  You can try it for a time but don't do it everytime.

Unfortunately for you, you are late to find out that martingale is one of the worst strategies that you can employ, it's strategy newbies thought that they can use to beat the house, many have tried it and even posted the strategy here in Bitcointalk but after a few days they realize it's not going to work.
I also tried this strategy out of curiosity, but even a big bankroll is not enough to beat the house, the house edge will eventually beat you, its preferable to do a lot fo variations on your betting not following a method, you have a better chance if you do this.

Martingale is the most common strategy which is to be used on Dice games or even on some luck-based games like Roulette or even on crash games which you would be doubling out your bet when you are at loss
and reset when you do win. Yes, it is something that considerable but when it comes to profitability then there's no assurance that it would really be ending up positive. There's no such thing about infinite bankroll
on which means that if a long lossing streak would be on the way, then you would be seeing yourself that get fucked up and you would entirely blown up your balance in a snap.

I have that worst losing streak which is on 30x which is on stake site which i did really have that kind of reaction that it was indeed impossible to reach up that point. I have set out the minimum bet or in sats
but still it did end up on losing or the balance had been wiped out on the time i had came back on my pc after a meal.It was just stopped because balance is not sufficient for the bot to ogo on.
Martingale is really not that something you can rely or any strategies that you could known for.This is why its better not to make yourself expect that any strats would be used will really be guaranteeing wins.
This isnt existing on the first place because gambling is purely relying on luck and on the time you do make use of martingale then you should know on when to stop when you are gaining.

I don't think i constantly stick to a particular strategy in gambling especially when it's time for me to gamble with all desperation for a winning, gambling is quite unpredictable but our focus has to be centered on the results that may come aftermath, then this also talks about the money used if its well considered enough along with the gambling strategy that create us every opportunity for a winning when we gambles.

You should learn from it based on your experience, and since the result is mostly negative than positive ones, then its a sign to avoid it so you can refrain from losing your huge funds. After all, martingale strategy is only good for those who have high bankroll account, as they won’t totally be affected if they’re losing consistently, but if you are only a minimal earner and has tight budget on gambling, I believe martingale strategy will only push you to more losses rather than expecting a huge win instantly.

The strategy was the needed one in gambling by the gamblers on certain game. Many people opinion on gambling is all the games in gambling was based on pure luck based. But this was not true, many games was based on the strategy also. The most popular slot game can be played with the strategy, if you create your own strategy for the game. The game can be played with n number of times to recover loss or increase the betting to highest point of profit. Many gamblers was gained huge profits from the gambling with short period of time. The next strategy based game was sports bet and specially the football match of many leagues. So every time, the gambling sites will allow us to earn some money from the betting on the football game and also on some sports like cricket.

as long as you know your financial limits, you can devise a strategy on how to use it on your game. however, there's always no guarantee that you will come out as a winner using your strategy. there's always house edge that you can't avoid from. and that is like a blind spot for every gambler.
there may be some points where you are winning with your strategy, but should know when to stop to take advantage of the strategy. otherwise, you can easily go home as a loser even if you feel you've done your best to implement such strategy.

The Martingale strategy has been used by many people in the past and today, it attracts bettors because it creates a "beautiful" illusion in which it's believed that you can never lose money because it's extremely unlikely that there will be 10, 15 or more losses in a row.
However, it isn't impossible and when this happens the damage is so great that it "swallows" all your balance, greed and belief that it was impossible to happen.

Martingale is a good strategy, but if applied alone it won't make you money, just lose it in a more painful way.

Set limits for the bets multiplication and maximum daily losses.

And if you're lucky enough to hit a big jackpot, be glad and take a break, you don't have to break the casino in a single day 8)

Don't you realise that you are contradicting yourself? Martingale is a strategy that people use to lose money believing that making some variation will work for them. It has been explained numerous times on the forum. It is useless because you double the risk each time to win only the initial bet. If you add to this the fact that the bookmakers have betting limits to prevent the bank from breaking and that bad streaks end up happening, you will realise that it is a terrible strategy.

It is a strategy with which people want to deceive themselves, but deep down they know they are wrong, like the OP:

Martingale strategy is only nice in theory, but you will see it's a bad strategy when you're try it.

Martingale strategy will not work because not many have a lot money to gamble and something bad happen is possible like the casino limit your account or confiscate your money if they consider it as an illegal practice, of course this situation only happen when you're make money, but if you're lose the casino will not care about it.

Bankroll management is important not because you are following the martingale does it mean you are going to win easily. Well I actually used this strategy in roulette and guess what in long term you will be losing no matter what as the casinos always have edge so it is a matter of bankroll management, if you win try to take a break maybe a day or so before continuing to play again I find this kind of strategy effective to me. Also, if you are going to use it in long run you should set a stop limit.

This martingale strategy is easy for beginners to understand because in theory it looks convincing that it can be used to beat the house, even though trying this strategy is really bad. not a few people have lost a lot of money using this strategy, the importance of experience in finding many strategies is important, especially how we play gambling. I often use this strategy in several games, sometimes I often add another touch to solidify this strategy, even though I lose in the end

There won't be anything bad as an honest player, even though the casino never cares about our losses, usually in many cases other casinos will have problems with our account, when we get a big win, but this is gambling because of course the house won't let you bring in a lot of money from their site, but so far playing at a trusted casino I've never had a problem withdrawing. it is difficult to make money from any strategy because in the end the house will always win. so play for fun  ;)

I notice this strategy is used by those people want to earn by referral, they use this method to convince people to try up the casino games they offer to them then telling that they have working strategy to use and get more higher chance to win. But in reality this strategy is not actually accurately working maybe there are times that some who use it win but they provably realize in the long run that this will never work for them since all will be in random or shall we say the game still based on luck.

I think I remember the first time I heard about Martingale was in Nassim Nicholas Taleb's Black Swan, although I may be wrong. In any case, it is a great book, if you haven't read it yet, to learn about statistics, chance, etc.

The only strategy that guarantees a positive outcome in gambling is to find a bug somewhere and exploit it, like some people managed to do in a few badly planned lotteries in the last century. Of course, the modern use of this technique in online casinos is forbidden or even illegal, and I'm not encouraging such behaviour, but the idea is that there is no 100% winning strategy for the gambler in a well built, flawless system which ensures that the bank always wins.

The Martingale strategy in casinos is one of the strategies that looks as if it is great in theory when in reality, it is not. I usually advise beginners to avoid it because it may look perfect in the short term but you going to lose big if sustained. The risk with this strategy is just too high and it is evident that the loss will be significant. Besides, I think this is a strategy for people with deep pockets and those with high risk tolerance.

If lady luck is on our side, we can win even if without using a strategy but does strategy really work in gambling? I think they are only built there to fool gamblers and to make them spend more money. If someone has a deep pocket, casino still has a betting limit and your bets will stop to prevent you from hitting your target. That is how wise the casinos are. They are always ahead of us.

I never thought martingale can be applied on baccarat but when we hear the word martingale, the first and only game that will come in our mind is dice. That is because dice has a different mechanics than any other games but it's great if you stop gambling early as long as you already won. You surely know that gambling is cruel. It will only make you happy and excited at first but eventually, they will make a revenge and you can end up losing, more than what you have won.

not only in the long term but in the short term if the initial bet is large, it will quickly suck up your balance in the short term and it will be very short. anyone who sees the Martingale strategy will surely think it's easy enough to do it, but our balance is difficult to carry out this strategy, even big gamblers can go bankrupt if they use this strategy in unlucky circumstances.

I don't really see this strategy as a very profitable one especially if one doesn't have the required money and there are also possibilities of blowing ones account while practicing this very strategy because I don't see any reason why one should increasingly make their betting amount higher at every time they make a loss with the hopes of recovering the losses of the previous bet and I see tis strategy as more of chasing losses because the moment one consciously increases their bet amount after every loss, then, there are greater chances that tye gambler is already chasing their losses ad everyone knows that this very type of game and strategy don't really end well.

Even new gamblers are now applying martingale strategy because of casino ads promoted by influencers saying that gamblers could win higher by applying it. It is actually a risky strategy because we will also be needing a higher capital and the chances of losing could also get higher. This strategy is almost the same as chasing our losses which could result in regrets in the end. It could work on a short-term basis but it wouldn't work in the long run.

Oh, I'm not aware that it is being promoted by influencers, but we all know that martingale is a hit or miss, and it is still base on our lucky. And yes, if you want to cover at least 8 levels deep, you need to have a big capital at the start, otherwise you will just lose everything is let say the start if you have like 3 consecutive losses. So again, even if influencers are promoting it, we shouldn't be sway to used that strategy unless you really know what you are doing or you are a experience gamblers. Because for beginners, this strategy is not recommended.

I tried doing martingale strategy as I have read some success stories of gamblers about it but I must say that it is not for everyone. I had a bigger risk because I believed that I can recover from my losses by increasing my bet. A gambler who continuously applies this strategy can possibly lose a higher as he tries to win back his losses. I don't think it's profitable especially if we will apply martingale in all the gambling sessions that we have. I'm sure that experienced gamblers can also testify the same thing.

The martingale strategy only ever works if you have a greater capacity to take losses and put in higher bets, that's why it's the strategy for high rollers as they say. But if you're a regular bettor or someone who's not willing to go all out, it's not going to be your cup of tea. Better to employ other gambling strategies that would better improve your winning chances than putting your money to chance and hoping for the best. Personally I wouldn't even call it a strategy as it's just bait for gambling addiction to set in and take over your life, but you do you i guess. In any case, Martingale wouldn't normally work for everyone, and as you OP have stated, for the most part it's not working in your favor.

I absolutely agree with you. The Martingale strategy sooner or later leads every gambler to a loss, no matter how much money he has and how experienced he is. So using this strategy, do not forget that gambling can only be played with free money and never overstep the limits set by yourself. In fact, only you decide how much money you can lose and luck determines how much you will win.

For real? That Martingale strategy is a one-way ticket to Loserville! Yeah, it might pull through short-term, but long haul? It's like flushing your cash down the drain. Chasing losses and hoping for a major come-up? Who buys into that baloney?

Casino ads be hyping this strategy, but it's all just a mirage. They're scheming to sucker innocent gamblers into parting with their dough. Don't get caught in their web! Maybe consider a more fly and legit strategy?

Keep it 100: the house stays winning, but that ain't stopping you from having a blast gambling. Just don't let 'em play you with their phony tactics. Stay woke and keep that side-eye strong, and you'll rise above the rest.

Whatever strategy you apply, basically the luck factor plays the most big role.  in fact, everyone is entitled to use any kind of strategy in a gambling session, or we can say some kind of technique or method. but what is certain, whatever the methods, strategies and techniques, gamblers must be prepared to lose the money they risk. especially, in luck-based game types.

To be honest, I don't dare to take the risk to use the martinggale method. however, in fact we can work around this without having to double every round in the game. I mean, we can wait for the right moment to multiply the bet in one round. but still, there is always a risk. and most importantly you must first understand how gambling works, we can even apply it to the type of game you will play. The most important part, gamble for fun and not for instant money.

No, Martingale do not work even if you have a huge bankroll.  Remember you increase your bet exponentially in this strategy, so whether you have millions of dollar worth of bankroll, it can easily eaten in 8 losing streak, depending on your bet and exponential multiplier.

You can try to simulate it in a demo dice of a casino platform, and see for yourself how it will easily eat up your bankroll no matter how huge your initial bankroll is.

Even if you do have billions or trillions of capital, there's no way that you would be able to avoid the risks on busting up your entire balance specially when you do make use of martingale method.This had been a long and old strategy which is commonly used on dice games 8x losing streak is really just that small but if your base bet is big then for sure it would really be just that as short as possible.I do even see much more
worst if we do speak about losing streaks, this is why its never been recommendable and something entertaining on leaving your bet on automation and just leave it there because most likely
on the time that would would came back, then those account balance had already been depleted or totally lost.

milewilda you said a very good point! base bet should be very small relative to the balance, and eight failures for example in dice, this is very little, even on 2x when using a martingale strategy can be a drag over 30 reds, so the bet, If you use more than 2x, you must do with the expectation of 40 losses

Besides even if a gambler could put a bet as small as one satoshi at some point they will lose so many times in a row that they will need to begin to wonder if it is still worth it to double their bet, as each time they double their bet and they keep losing their losses double as well, while in the case they win they will only recover that money plus one satoshi, so even if someone used such a small amount of money to gamble sooner or later their losses will reach a point in which it would become impossible to keep doubling their bets, due to the bet size limit casinos impose on each of their gambling games.

All in all, Martingale is not really dependable in all of our betting activities. It's not a bad strategy especially when we are lucky as well but we better have our limits set before we even started playing with this strategy to avoid more losses. I never experienced being dragged to 30 to 40 straight losses but this is indeed very possible. I cannot imagine starting with a very small immaterial amount just so I can survive many losses using Martingale. Also, depending on a certain strategy might lose the fun of betting.

that's the smart thing to do. know how much you can allot to your bets even before starting your game. at least, you have your mind set-up to how much you can lose for certain session.
martingale is a popular strategy, but we all know, it only works to a certain extent. and if you have small bankroll, you may not even see the winning bet for this strategy. but if you want to test such strategy, you should really start small, else, your bankroll will be depleted fast.

Presume it'll go 10 times against, worst case scenario and hope for that not to happen.  Assuming it cant happen is where it can easily go wrong as a strategy many will recommend against it and I believe statistically and mathematically it remains unjustified as having any advantage.   Its been discussed many times if you are asking the answer is no basically, its not good advice to use it but have fun is the main thing.

Many gamblers do not seem to realize how easy it is to lose so many times in a row, they think that if they give themselves a margin of 10 losses then they will be fine as no one can lose so any times, but what they do not understand is that the more you gamble the more likely you are to experiment very unlikely events, and then when they finally experiment those losses they complain about it and claim the casino is a scam, even when they know this is not the case.

No matter how big your bankroll is but you've been using up martingale then it wont assure that you wont lose and just like been said by most users here that making yourself get strike up with long consecutive loss then it would really be that over.

Martingale had been known to be a very common strategy which had been used for a while now or this certain period on which to those who do have that actual experience
would eventually be able to say on whats the truth behind this strategy or any strategy out there which they arent assuring that you would really gonna win.

Just enjoy the game and dont apply any strategy considering that you are dealing with pure luck based games which means that strategy is pointless.

Well, martingale is not a ticket to wealth and financial freedom, so be rest assured that most of the time, you might end up losing far more money than you expected to lose, while using the martingale strategy.

And also very much remember that martingale does not increase one's chance of him or her winning their bets, Infact, the gambler is always the one who may likely lose more money  using the martingale strategy, simply because, chances of one winning his or her bets is always 50/50, most especially for slot games where it is only based on luck.

The Martingale strategy never works as intended. I have seen many people ask the same questions about that particular gambling strategy here on this forum but never have I heard of anyone actually pulling it off, successfully. There have been many failed attempts though.

So the statistical data on the success rate is not looking too good. So, personally, I would stay away. Some things sound too good to be true for a reason, and the Martingale strategy is definitely one of them.

However, if anyone does decide to go through with it, I would appreciate them posting their results in the Bitcointalk gambling sub-forum.

Perhaps we will find out that there is indeed an alternative or modified Martingale strategy that is worth it? ::)

Strategies... Why are people so obssessed with strategies to beat the casino? I get that Martingale strategy might seem like a good idea at first, where it is almost impossible to lose your money, but let's be real, it's got some serious flaws. The more losing streak, the higher you will be risking to recover your loss which will end up wiping you. The main thing here is, the casino always has a house edge, which means in the long run, the odds are stacked against you, no matter what strategy you're using.
The Martingale strategy only works if you've got an infinite balance, which, let's face it, most of us don't. At some point, you might hit a losing streak and run out of cash before you can recover your losses. So, yeah, I'd say it's better to just play for fun and not rely on a strategy like Martingale. Just enjoy the games, and remember that the house always wins in the end!

People are obsessed with winning strategies because they cannot simply accept that gambling is a form of entertainment, they want to win all the time and this is not possible, and due to their desire to win they do not realize how nonsensical their desire is, it is as if I created a thread asking how to win at Netflix? People will simply mock me and tell me that there is no winning at Netflix, and I can only obtain some entertainment out of it.

The martingale strategy to me is a dead trap and I will never encourage anyone to ever practice such principle especially those that don't have that much money to practice such strategy and I also see this very strategy as a sickening one because I see no reason why I should be doubling my betting amount at every instance and I had to wonder if I gambled with $1000 dollars and unfortunately I loss the bet and money and I have to practice martingale strategy which implies that I will have to double my bet upto $2000 dollar to be able to cover up my previous loss and now what if unfortunately again I loss the $2000 which means I will have to bet over $4000 to be able to cover up $3000 dollar that is already gone and what if there is another loss again which means I'm ready in a $7000 dollar loss which isn't a small amount and will take much more effort to recover.
Hence the martingale strategy isn't a favourable one to me and from my perspective.

Yes, even with larger bankrolls, that's not going to guarantee that they'll leave the casino happily. It's more of an emotional battle and no one knows if that's going to be a good sign for them to stay because they've been winning. But the thought of having a large pool of funds and bankrolls will make them stay confident that they'll not go out of the casino sad but instead, with some huge money from their winnings. And if it is with this strategy, take all of those people that have said that it didn't work for them because it didn't.

The lucky ones will win few attempts. I personally have tried martingale strategy several times and I've experienced massive losses out of it. In particular I've lost more than 10 consecutive rolls several times. This is our unlucky day. If we've used some other money management maybe we could've won something, if not atleast we could've avoided rhe loss. Casino always have got the edge, if not everyone will somehow manage the bankroll and make the gambling platform go bankrupt. We should have the common understanding, gambling is fun and we should take it in the same way than complicating it.

Well, $1000 is a pretty large amount for a starting bet, and only high rollers will do that, but you are right that if a person is using martingale strategy to cover their losses, they will eventually reach the end of their bankroll if they get a loss streak higher than they were expecting and it actually happens and I say that because I've experienced it.

I used to use martingale strategy in my initial days of gambling when Stake was first launched, it actually works a couple of times and then you become confident and do it again, but then, the house edge hits you pretty hard and you lose everything in a matter of minutes.

Chasing losses and martingale sounds the same to me, you are chasing your previous losses until nothing is left, and the house edge comes in at unexpected times, the highest amount I've spent in a martingale was $300 and but that amount was not safe even in the lowest bet because streak could go over 20, I stopped using it, it's just not worth it.
better do selective martingale or random it's more exciting and surprising using these two methods, but don't expect to win just have fun.

But chasing losses when you're betting with a same amount is impossible because if you calculate it, you will lose due to the house edge. In martingale strategy, you have calculate if you will not lose since you win you will recover all of your previous losses, but in the reality the result isn't same like the expectation.

That's why it has been mentioned if someone want to gamble using martingale strategy, they must need an unlimited money.

Yes, we have all proven that it doesn't really work for most. There could be a few times that it will but for our lifetime, it's just going to give us the most losses.
If someone wealthy is having fun with that and that doesn't look at big problem to him then he may do it anytime he may want for a long period of time.
That's if he's got almost unlimited money but even I've got unli money, I would be wise on how I'll spend that properly.

I know that martingale doesn't work, that's been proven many times, but surely it doesn't decrease the chance of winning. It doesn't increase it either. House edge is a house edge, you can't fight it and technically any sort of tactic has a same changes of winning in the end. It's all about statistics and luck.

In theory, yes, but you were shown specific numbers above (I hope they are correct, but even if not, the essence does not change) and from them it follows that the longer the distance, the less your chances. If you immediately put your bitcoin on one bet (all in), then your chance to double is 49%, if you use Martingale (with any bet split by at least 100 at least 1000 parts), then your chances will only decrease.

There is no fun in gambling with unlimited money. I could go to some testnet casino, use martingale or whatever strategy there exists but it would be no fun cause there is no monetary gain involved, unlimited money would pose similar cause well you have unlimited money, win/lose why does it matter when you have unlimited supply of it? The very possibility of winning/losing keeps gambling fun.

Martingale strategy push you to regular betting until the outcome is in your favour so you also need to have funds with you to keep wagering but what after few bets you get normal profits? You have lost more then what you have recovered so for me also if you are wagering with this method it won't work but some people have money to support them and find it attractive so we all have different taste in gambling.

My response was meant for case of 'unlimited money'. Martingale may be successful with large amounts of money but in case of 'unlimited money' — gambling itself becomes flavourless.

It's true that there is a risk with the martingale strategy that can lead to very big losses. Especially when starting with large initial bet amounts like 2,000 USD for example. If we can't cover a losing streak of 4-5 losses in a row then we used our strategy wrong. There are always winning and losing streaks in gambling and it's important to account for them in our strategies. The main advantage of the martingale strategy is that one single win will cover all our previous losses. You either like or hate strategy, there isn't much in between. People who like fixed strategies that tell us exactly how much to bet and when will be more in favour for martingale, than people who prefer to be more flexible with their bets. It's important to understand to understand all the risks before and not fall in the believe that martingale is a save way to make guaranteed profits.

having unlimited money to use the martingale strategy would not be fun. because there is no purpose whatsoever when having unlimited money even if the gambler loses how many millions of dollars it doesn't matter because he still has an unlimited amount.
meanwhile, as we have limited money and use strategies to recover losses or gain profits, it is like the thrill of gambling and can feel that it is more fun to gamble with limited money than having unlimited money but not being able to enjoy every betting session.

A lot of money is required to implement this strategy. Which is often not possible for a gambler. Also, there is no guarantee by using this strategy. In the martingale method if one loses several bets in a row, one has the possibility of losing a lot of money which many of the gamblers may not be able to recover. Moreover, if one loses three times in a row, his condition will become worse. Gambling is already risky and this strategy can be even more risky.

But in the martingale strategy, having large amounts of money is a must because it is very influential for success in playing.
But also not all gamblers who have large amounts of money will use this strategy because it is very risky to lose more money.
The strategy is indeed good enough to bring in a chance of victory but if luck is not on your side then no one can chase victory.
In gambling strategy is still a number because the most important thing is luck and caution in betting.

In the very first place, who told these gamblers that martingale can be considered a strategy? I'm sure those who got lucky with that betting method are those who think that martingale is a strategy since after all, they have won using that method.

Regardless of any strategy, those casino games, dice games, and other same type of games that relies on random hashes to generate the result can't be influenced. Luck is really needed in these kinds of gambling games in order to win.

Since luck is the only key, once luck came to us and hit a good win, be responsible enough to take a break and just come back next time.

good amount of money and luck should be on your side to get some winnings. martingale or any other strategy applied can't guarantee you will go home with your winnings. always remember that this is gambling and there's always house edge. the dilemma of most gamblers using strategy like martingale is that even if they already got their winnings, they are not yet contented and keeps on playing hoping they will hit bigger amount. however, we all know the end game if you continue playing, your bankroll most likely will run out and there's no going back and say, i should have stopped a lot sooner.

We should really bare up into our minds that no matter or what kind of strategy you would be using would really be having no assurance that it would really be resulting into a positive one or making guaranteed profits because thats not how gambling works. Martingale strategy is somewhat a very common strategy on which you would be doubling up your bet on the time you would be losing which means that the higher the losing streak would be the higher chances of your entire bankroll would bust up because doubling anytime you do lose does really need that huge amount of capital basing up on the base bet that you have set out.
Yes, it does mean that it would vary on the base bet you had set out but we know that even putting it into the minimal side wouldnt make out guarantees that you could survive a long losing streak.

Wayback when im still a noob which i do believe that 20x+ losing streak or more is impossible until the moment comes that i myself did really have able to experience
way more than that.

"There's no such thing as a free lunch," they say. Martingales can win large, but they're risky. It's crucial to gamble carefully and consider all outcomes. The martingale method is good for predictable bettors, but we shouldn't assume it's always right. Multiple losses could lead to huge losses. The martingale technique is ultimately our choice. But we must understand the risks and benefits. We decide whether to risk.

10 consecutive losses on what multi?
 I have seen ss of the dice 2x multi and it hits b2b 32 times, this is an insane loss streak, and a lucky player has decided to stop chasing that 2x after 10 loss streak and figured out how much the loss streak is on zero bet size. Gambling companies know why gambler lose their balance in the long run and there are reasons behind why they usually apply shady marketing promises so users don't go away. Sad but true, no one has been able to beat the casino house edge in the long run no matter what strategy they have done.

Well, though it's something that no one should really apply in their gambling since it can be deadly for their bankroll, as you said, if someone has a bankroll that is too high and all they want is to earn a couple of hundred dollars, they can start playing with a very small amount, like $10, and then start doubling the bet for every lost bet, considering they have a pretty large bankroll, let's say about $100k, they can manage to win some money at the end if they don't get greedy.

The problem occurs when we get greedy and don't stop when the strategy works a few times, and we just keep playing and doing the same thing only to get more and more and that is when the house edge does its magic.

Martingale strategy is like trying to jump on water if you keep losing on losing until your finds are long gone. Not like I am denying its functionality. I would be very worried to follow that method with very limited funds. I sometimes feel like betting all your money at once on one game can be even better than martingale. You win all or you lose all. When you are doing martingale you ask for multiple losses which decreases your chance even further hahah. So risky.

Martingale is an strategy that would really be blowing up your account in shortest time as possible, no matter how minimal or small the base bet would be, there's no way on stopping that consecutive losses that you would really be able to experience. Casinos arent that dumb anymore about this strategy. I have been testing out for how many times and how many places about this martingale stuff but it turns out that i do really make out some bankroll wipe out which is something that really not shocking anymore. It may seem that it is impossible for it to have that long streak but you would believe it out
once you would be experiencing it for yourself.

This is why its really important that you shouldnt really be making yourself that in automation or leaving it out afk'ed because once you do came back then its most likely it had wiped out your bankroll.
Even when you are playing on point then there's no way on stopping those consecutive losses which is something that would likely to happen. If you do like on making your gambling session to be more
in longer duration then it would really be just that right that you should be making some bets manually on each roll. Dont take up some strategies which do fasten up the situation.
If you dont mind about the risks then its up to your own choice because there are people who are fond on making use of martingale.

With or without strategies, gambling will always be risky but martingale can sometimes add an excitement to my game so I use it after playing several flat bets. It removes the boredom from playing with repetitive bets you know.

It's okay to start big amounts in martingale as long as the settings is lowered. If not, then you may need to adjust your bets. Losing streaks are often if we play in a low chance win games but the return for them is a big. I prefer this than the other. If you hate applying strategy in your game, then you better not force yourself only because you want to earn a profit because like I said earlier the results will still be the same.

You could theoretically describe the Martingale strategy as an abstract time function for an event to occur on average within a time series.

Usually when you play a dice game you would count the number of rolls that it takes until you should fail on average. But the number of rolls are sometimes not as comprehensible as time is. When you play an automated dice game and you have like three rolls per second, that would give you 180 rolls a minute and 10,800 rolls an hour. So how long would it take if you play a coin flip game for head to occur 10 times in a row?

0.5^10 = 0,000976563 > this is about 1/10,000th, which is roughly equal to 10,800. In this game you could let it run for about an hour on average until you get a streak of the same symbol showing up 10 times in a row.

This is interesting because many people think that if they only choose their bankroll high enough, it should be impossible to face a situation where, let's say head comes up 20 times in a row. But it is just a question of time. If you only let it run long enough, at some point a streak of 20 X in a row will happen. The variance can still be huge and it might take much shorter or longer than the average, but eventually it will happen.

In my opinion time gives someone a better impression than the number of rolls.

Martingale is the still the most well known gambling strategy as it is pretty easy to understand also. I went to a buddy to a "real" casino last weekend and he was planning to start with martingale on roulette after we hit 2 black numbers. I talked him out of it but he was convinced that he would always make money. In the long end, that is true but you will need an unlimited bankroll. I tried martingale in the past before and already experienced 2 bad losses because of it, so I try to avoid it.

Of course time could be a factor here, but we also have to think that the longer the runs, you might lose your edge as well. Bankroll is just one part of the equation, you also have to be very lucky to have that like hitting 20x in a row and then grow your capital suddenly.

That's why might be really hard to execute this strategy, everything might be perfect for you to really win with martingale. And if you ever successively win, then it's better to get out and take that money. As you might not have that luck to replicate that win or yours.

that only means one thing that your Buddy has a lots of funds inside His pocket to carry
Martingale strategy because if not then he will always go home with tears.
I have seen many of my friends experiment in this but ending always a loser because of their small Bankroll.
this game for me is only for rich or big time gambler
and not applicable to everyone of us.

I tried doing it with just the very minimum bet of $0.10 on dice using the martingale with a capital of $200. I did make progress until I run out of patience because it was taking so much time. I raise it to $0.25 and that's when I started having the losing streaks.

The casino looks like watching my activity and then losing it all. It could be that I'm too paranoid about it but yep never get a chance to withdraw until I lost it all. Even the casinos you think are rich enough are unforgiving. If you try to win, they will make you lose.

If there's always a luck maybe yes but knowing the nature of the business, luck is not always there may be once and if you are good in controlling your gambling habits and you manage to quit after doubling your bet then it's a good way or strategy to use, but then again, it's easy to say as we think we always have unlimited luck when it hits us hard.

We will continue to chase for more and eventually we will realize that there's an incoming losing streak that will suck everything out together with our actual capital.

End of the day, without good control instead of winning, you will quit your session without anything inside your pocket.

In other words, you're saying that martingale strategy in gambling only has to do with luck and if one doesn't have any luck,no matter the amount of money one has, one shouldn't engage in martingale strategy right?
Now if this is right with what I think, then I don't see any reason to engage in this strategy  because I think the risk is far more than the rewards and I don't see reason to invest in a risk business as this, that the risk will be far more than the rewards.

The martingale method is mathematical and greedy, so be careful when you adopt the strategy. You should always remember that no player has unlimited resources to gamble with. Online roulette embraces the strategy that every time you double your losses, drills an ever-increasing hole in your pocket, and lasts for a long time before a win comes, it can be deadly. can Hence it is better to stay away from taking risks the player will continuously double his bet with every win but he is guaranteed to lose.

And we're no celebrities that has got millions on bankroll and they don't even attempt to do this strategy. Or if they do, they can afford to do it as they've got a lot of money.

But then, it all goes with how much we've got even if someone who's careful has got millions ready to be gambled. It's still unsure if this is gonna be the strategy that he'll do.

Well, if you want to lose quickly, this is the way.

Indeed it is very risky but this martingale strategy is a strategy that maybe many beginners can do, after all this strategy is very reasonable to beat casino games which may be fair, but still it requires large capital because we can run out of money when we experience 30 consecutive losses, I I've used this and continue to apply this when playing but never win the game and the dealer will always win as usual and I'll lose the game.

There is no strategy that is easy to understand and easy to use other than this martingale, without the need to be taught I think beginners will quickly understand this strategy, but again I also remind you never to try it with minimal capital because it will eat up your money quickly without remaining a bit.

Even if they did, casinos don't allow unlimited bet sizes. A gambler with an unlimited bankroll would hit the roof at some point. Some casinos state maximum profit per bet is 20BTC. If you had to go further to recover a loss through Martingale strategy, you couldn't due to the limitation imposed by the house. So ironically you would be still in disadvantage on long run, even with an infinite bankroll. Crazy, isn't it? :D

This is what makes martingale such a difficult strategy to disprove, as almost anyone can come up with it before they read about it on the internet, I know because long ago on my gambling newbie days the same happened to me, I never used it but I was able to create a martingale strategy on my own, however after a short investigation I realized it was impossible to win with it so I never used it, but many newbies instead think they have found a clever way to beat the casinos, and only their sustained losses will prove to them this is not the case.

A lot of things have already been transcribed and said here. But in the end the conclusion is that it won't work, but it can work. That has to do with the limits. But if you are very objective it is also crazy, you would only lose 7 times in a row with an initial bet of $ 1, for example. I think you have to bet 1+2+4++8+16+32+64, $64 to win only $1. That is actually not normal. I understand that it is unlikely that you will lose 6 or 7 times in a row, but sooner or later that is something that will happen. You have to be prepared for that. There are also casinos that have a table limit of 500 for example. then you would already get stuck with a lost bet at 256, since you can no longer bet 512. With a balance of 1 million and unlimited table limits you could go a long way, but I don't think a millionaire is going to play with 1$ at a time?  ;D

On the time that you do have mold up that kind of idea in mind that you could be able to beat up casinos then this is where you would really be making yourself be putting into some trouble or potential
huge loss. Why? you would really be that desperate on having this kind of mindset that you could beat up the house on making use of these known strategies without even trying out to realize
on whats the real thing?. You would be finding it sooner or later on whats the reality of these things and it wont be something simple as it looks.

Yes, this is really that very common wayback and even up to now. There are even sites who do have some automated bets and you could choose up some settings and martingale is included to it.
Never ever make yourself that believe that you could really be having an assurance to make profits with martingale. The key on where is that you shouldnt really be running off that bot
or automation on longer periods because this is where it do usually bust up. Just be mindful on getting out when you are already that gaining and dont make
yourself that too greedy.

even if the person is not a greedy person, let's imagine that this person hits 10 times and makes a profit, will this person give up playing and never play again? if that person decides to stop playing then he will make a profit, since he made a profit and stopped playing. but if that person keeps playing then even if today he makes a profit in the end there will be a loss because the house always wins. this is the problem that many people do not understand, it is impossible to make a profit while the person continues to play, it only makes a profit if the person makes money and stops playing, and when I talk about stopping playing I mean the person never playing again

years ago there were many videos on the internet, they were videos of strategies to win a lot in the dice and other casino games, in the video the guys showed how easy it was to earn money with a bot and Martingale, some even said that it was just having a lot of balance and putting it in automatically that the person would earn a lot, but it was all a lie, the objective of those people who made those videos was to gain followers and likes, because with youtube they earned real money and they knew very well that you do not earn money with games of chance, that is the hard truth, there is no winning strategy for games of chance, those who enter games of chance should expect losses and look at games as fun

unfortunately there are few people who deep down realize that you shouldn't expect any profit from gambling, many people are wrong and even say: "I see gambling as fun" but they're just saying that so that other people don't criticize them , at the end of the day they are playing with the clear objective of making a profit and they leave with losses but even so they continue with hope that they will make a profit

I imagine you’d get banned or asked to leave from casinos if you were using this strategy as well. They might let you go for a bit, but if you’re having any sort of success then I can’t see a casino allowing you to continue playing. It’s just not a good thing to be doing in general. Even when you win there are possible ways for you to still lose.

Usually, gamblers do not have unlimited funds on the gambling site to keep on running the Martingale strategy even if they are losing many continuous bets. Also the gambling sites recognizes the pattern and once they see that the gambler is using the Martingale strategy, they will surely bust his account by giving him continuous loss.

So for the gambling site point of view, it is more favorable for them that players lose their balance through Martingale than to ban the account of those players using Martingale strategy.

Yeah crazy and just recognized it lately when you've said it. Still a lose-lose situation but then if someone who has a large size of bankroll, he's free to try it but I won't.  :P

Yeah, just realized it and there's probably a trigger that shall make them aware of what you're doing. They may be too generous to keep you going and it's a blessing in disguise if someone who's a sizeable amount of bankroll that keeps on going and haven't thought of leaving yet.

And the casino alerts the gambler that he shall be stopped and limited.

Experienced will let you realized that martingale strategy will only lead you to lose your money, unless you have a good money or bankroll management where you can avoid losing control with your capital, keep doubling your bet after losing may allow you to recover but with a huge numbers of losing streak expect to see an empty wallet.

Basic principle I guess is to know how to handle your money, use only the amount that you can afford to let go and never to chase your losses as it can result in losing more.

using the martingale strategy on gambling sites in the short term might work but it's true what you said that one day the casinos find out about this case they might immediately give something that makes the person lose and stop using the martingale strategy.
I've experienced that in roulette and baccarat games, in the short term I won but over time I ended up losing quickly. after that incident I avoided this strategy more and preferred betting casually to enjoy my every bet.

The casinos do not have to do anything, this is nothing but a misconception that some gamblers have, in fact the casinos love the martingale strategy as they know that sooner or later you will bust your account and they will get all your money, even if the chances of losing so many times in a row were something like one in a million if you roll the dice one million times then your chances of eventually losing so many times in a row increase to the point of becoming a certainty.

The martingala strategy is a very risky way of betting, I personally do not recommend it because it is losing money very quickly and it is not worth doing, you always have to try to save money to spend it wisely and not with emotions or adrenaline, because if the money runs out there is no game, and if there is no game there is no fun, that is something we must understand, for this reason I do not recommend the martingale, I have used it many times , but you always end up losing.

Martingale or not, that's the riddle. Folks, the answer? A big NOPE. Risky betting? Absolutely. Draining your cash? Faster than a whirlwind. Emotional rollercoaster? One moment, king of the hill; the next, you're pondering existence while your fortune vanishes. Do yourself a solid, dodge martingale. Your piggy bank and your mind? They'll love you for it.

It can still work well, but it is risky. What has also been stated more than once is that after 8 losses in a row you have to bet more than $2000 to win only $1, or at least the starting amount you used to bet. If you do use Martingale, my advice would be to use it at a sportsbook. And another big problem is the limits at the table in Roulette. Sometimes tables have a limit of 1k, you will get through that pretty quickly if you lose about 6 times in a row. And that moment will come when you will lose 6 x in a row. Then your entire strategy immediately falls into the water. Martingale is not the best strategy.

If you start with $1 on your first bet and if you suffer 8 losses in a row, you're need to bet $256, not $2000. $2048 is your bet if you suffer 11 losses in a row. I don't think martingale strategy in sportsbook will work because the odds will change every time depends on the bettors. It's not like dice where the odds is always 2.00 as long as you're not change it. Martingale isn't the best strategy, but there's no strategy except martingale.

Maringale can be used at any odds - at least 2, at least 5, at least 7, or even when these odds are not constant but change from game to game (if we are talking about betting on a certain team, for example). You just need to follow the rule "bet amount * odds - bet amount" > spending on previous bets. And by the way, if we bet on a weak team, then odds are high (stable more than 2), so the amount that needs to be spent on a bet does not grow too quickly.

That's right, and now this is a game that I used to love, it can't be like before, where you can easily win using the martingale strategy.
I don't know because the Roulette provider has changed the system or what, but what is clear is that martingale cannot be relied upon in the game of Roulette.
I played enough rounds and only got the return from the previous bet, but because numbers came out in large fractions in a row, the martingale strategy that I used collapsed instantly so that in the end, losses could not be avoided. Lol. :D

If you will not limit yourself, then for sure in the long run you will end up losing your money, martingale can work if you are lucky and you are wise to quit while you still have some winnings, but if you will push your luck and try to add more with your earnings, the sure thing that will happen is you will lose everything in your wallet.

Unless you are really lucky and that winning streak extends to the point where you are really satisfied and willing to quit your way
to enjoy with the money that you've got.

Most of the time on which people make use of martingale does really failed on stopping midway, if we are familiar on how martingale rolls behavior which it is really faster on a blink of an eye then there's no way that
could stop midway if you do see that losing streaks is eating up your balance in a fast pace manner. I have tested it out and able to observe on which trying out to limit your losses as much as possible which it cant really be that easy to be done. Lets say you've seen 3-7x losing already and your balance is already depleting, you would be having mainly these kind of thoughts;

1. Whether you would be just letting it and hope that next roll would be a green
or
2. You would completely stop that losing streak midway and just accept on the lose amount rather than on blowing your entire account balance?

This is only applicable into those someone who do monitor out their martingale strategy and not for those people who are just leaving out their autorolls on play
while they are away on neither of their phone or PC.

You're right, as far as I'm concerned, one of the things we Enjoy the most Sometimes is playing with that Strategy ,but the truth is it's the most Reckless strategy we can see , I don't think there is a player that this technique is one of the we are Better at gambling, but it is not like that, one must Learn to make bets that do not have to Fall into the martingale because obviously it is the bet that can strip us of our Capital and Quickly,as you say , it is not recommended And personally,despite everything, I don't Reccomend it.

I'm not seeing myself  doing this kind of strategy  anytime soon and I've always seen this kind of strategy as the strategy for the rich because you don't expect me with my limited capital  to engage in martingale strategy.
I've been wanting to know the mind most of the persons who get involved in this strategy do have, because I see no reasons why I should be increasing  my bets when I see myself losing simply because I hope to recover my losses from my next winning, I'm  sorry but its insane to me... And I wouldn't  have to blame anyone  because I believe that whatever one believes, works for him so I'm pretty sure, there are people who are doing extremely  well by using this strategy

It's a matter of choice, being a celebrity or not, being poor or rich, gambling using martingale strategy is what we develop interest with individually while some gamblers don't even admit such pattern to be used all because they believed it's very risky and hard to win, but even if you make use of the common techniques and patterns as well, you will still discover that gamblers looses while gambling, aren't something wrong with those patterns as well or is it the gamblers that have something they have to prove on while gambling using a particular pattern.

True. If you are rich you will still bet large and you wish you have more money. Same goes with the poor. There is no contentment for an addicted gambler but not all use who use martingale strategy because some don't know anything about it.

There are people who knows it and they understand how risky it is. It can wipe your entire bankroll if you don't stop. With or without Martingale or any strategy, losing can still occur but I prefer to play manually as I think I can last longer with it because I can be able to modify my bets and the multiplier. Some gamblers might be too cocky and they are proving someone that it's possible to beat the house by using a certain strategy.

The Martingale strategy isn't really bad but it is considered highly risky. I have personally tried it a few times and each time I ended up losing. When you continuously employ the Martingale strategy it becomes increasingly dangerous and you'll end up losing at the end. This strategy is implemented on most casino sites because they are aware that gamblers will eventually lose their bets at the end. While it might work for a few rounds if you have a large capital but if you become too greedy and refuse to stop you will likely experience a series of losses that will eventually lead to the complete loss of your money.

Let's assume you start with 1 BTC and apply the Martingale strategy doubling your bet each time. Here's the corrected progression:

Starting with 0.001 BTC:

0.001, 0.002, 0.004, 0.008, 0.016, 0.032, 0.064, 0.128, 0.256, 0.512, 1.024

So after your 10th loss streak, you'll lose your 1 BTC, and trust me that would happen after hours of repeating this strategy over and over again.

You don't need to start with 0.001 BTC, you can start as low as 1 Satoshi or 0.00000001 BTC.

0.00000001, 0.00000002, 0.00000004, 0.00000008, 0.00000016, 0.00000032, 0.00000064, 0.00000128, 0.00000256, 0.00000512, 0.00001024, 0.00002048, 0.00004098, 0.00008196, 0.00016392, 0.00032784, 0.00065568, 0.00131136.

Look even you're suffer 18th loss streak, you're still not lose 1 BTC, this is why starting with the lowest amount is a must in martingale strategy. But this doesn't mean martingale strategy will work and good, it's high risk of losing all of your bankroll faster.

Yes you are right, this is not too bad because I have ever managed to try this martingale in the Limbo game and is quite profitable when I tried some techniques as well as this strategy, but unfortunately I was too greedy so that I played and did not stop when the system read my victory, finally capital and My victory that has been collected in 6 hours just run out in 1 minute. it's really annoying, lol

But there are many lessons that I can take from using this strategy, controlling myself when playing when it has reached the target and get a profit should stop then return tomorrow to play again, if it continues to be consistent it might be able to benefit this strategy, but the fact is from 100k people who might have tried this strategy only one person was successful and the rest failed.  ;D

It will happen, and the fear of losing it is there. Martingale strategy is for those who have deep wallets only, I don't really suggest this kind of strategy to any of my friends. I always just push them to just start sports betting instead, or poker.
Now, if this will be played in dice, I have experienced so many times losing 10 streaks and worst. It's not like the system knows you are losing so many times that they will let you win one time just to get back what you have lost. Their system doesn't work like that and in fact based on my own trial and error, the higher your bet is, the higher the chances of losing too.
I've seen it in dice, slots, and especially in crash original games where if I see someone betting in large amounts, I pass one game and let them play for that round because I know the multiplied amount won't go high if they are betting that high.

Martingale strategy is something that is being known to most of the gamblers. The success of the strategy is simply low and it is high risky when we don't have big fund to spend. Just think of the situation, you spend $1, and the bet is lost, in the second bet to get back the loss you increase the bet to $2. Here if won you'll get the lost $1 along with $1 as profit. If the bet is lost you'll go for $4 bet where you'll get $3 along with $1 as profit. For mere profit what we risk will be very high. Rather than risking it is always good to go with a bet, if won just try to spend the profit on next bet and not the capital.

The martingale strategy is not recommended for trial purposes because of the large risks and with this strategy it is usually used by gamblers who have large amounts of money so that martingale can be used correctly.
Regarding risk, everything involved in gambling has a risk, the only difference is the size of the risk of losing some money.
When I have more money I sometimes use this strategy but if my funds are a little better to gamble normally with less risk.

You can always start on the minimum bet so that your bankroll can withstand a long lose streak. This is really risky if hit lose streak in the early stage of your gambling session but you can also have a huge early profit if you manage to consistently win before the long lose streak occurs. The idea of this strategy is to play as quickly as possible to earn early profit and cash out before the house tanks your bankroll. The longer you play in the casino makes you more exposed to lose due to the house edge and human error.

The risk of using martingale strategy is much more bearable than the risk of being impatient for a very long game that always end up on poor decision making in terms of betting strategy.

Agree, Martingale strategy is very familiar to everyone but it requires a lot of money. Many may think at first that he will apply this strategy with a small amount of money, but the large amount of money needed that will be understood only after losing a few bets. If you lose a few bets consistently you will lose a lot more. Also another thing is suppose you bet 10 usd then if you lose then you have to bet 20 usd. So that you can recover your lost money. But it seems more risky to me if the betting odds decrease further then the bet amount may increase. Those who have enough money can use this method.

Patience will kill you with this minimum bet. I tried $0.10 minimum bet and doubled my $50 capital in dice for almost a week. You can imagine how patient I was to bet manually then I started increasing my initial to $0.25 because it does look safe.

I took out my capital just incase I'd lose it all and indeed it took just several losing bets. Somehow this strat wil be good if you just have patience.

Your take on the Martingale scheme? Fantastic! It's risky, right? It's like a car with bad brakes. Looks fine on a Sunday drive, but let's be real, the risk of a total wreck? Massive.

Looking at probability, Martingale might seem attractive, like a solid gold deal. A streak of losses followed by a win to cover it all. Sounds great, right? But isn't it a fairy tale? Each bet is its own game, and winning or losing is a toss-up every time, right?

And those losing streaks? It's a pitfall. Stakes get higher, losses can skyrocket. Why not choose a strategy that plays it safe, gives steady, small wins? The Martingale's big dream is a win to wipe out all losses. Too hopeful? I'd say so!

martigale is the worst strategy, it only encourages people to run after losses and to make matters worse the person loses, but as they think that with this strategy they will eventually succeed so they continue betting using this strategy, the problem is that the person has to continue increasing the value of the bet, maybe this strategy can be good if the person is making a multibet bet and with odds above @6.00 the person could make a profit if he was able to hit a few times, but the problem with that is that in this type of bet bet the games are of great risk making it difficult for the person to get the bet right, but I saw some people who even hit the multibet with odds above @10.00 with ease

but in most of the photos I see about bets with such high odds, people put little money maybe because they have no confidence that they will hit the bet, and I very much doubt that they do martigale strategy, many people who do martigale strategy do it in games of chance that depend on luck, I have hardly seen anyone say that they do martigale in sports betting, anyway this strategy does not work in my opinion, it just leads to misfortune, it reminds me that in the past I lost all my doges coins because of martigale and auto bet

what is certain is that the martingale strategy will fail to be used for gambling even though people say that martingale will succeed if you have unlimited money but in the end it will also fail. for me it is absolutely impossible to use the martingale strategy which in the end will only drain the betting budget faster and not be able to enjoy every betting session.
maybe new gamblers who are just getting to know martingale think it is very profitable even though they don't know that the martingale strategy will only work if it becomes part of their kaisno or bookies.

What you say is true and I have done this when using the martingale strategy.
In my previous response, I also said the same thing as you, because if you can get a win at the beginning, it will provide a big enough profit so that we can leave the game and move on to another game so that what we get doesn't run out along with all the capital.

Yes, that's true and everything also affects luck because if we are lucky, then with just 2 or 3 bets we can immediately get a win.

I have been reading a lot lately about this first strategy in gambling as Martingale is one of the oldest one in gambling and I follow and read news about sport betting predictions,prediction websites,use freely available info to help me bet a bit better and I have been thinking,what if I can be patient enough to increase my base bet every time I lose a bet and the odd to be 2.50 for the games I would try,even the odd of 2.00 would work but anyway you get the idea.After thinking a lot though I have seen that many casinos have put in place betting limits which make Martingale void as a strategy even in sport betting,so not worth our time anymore.

The reason why you can still lose even you have higher supply is the limit that the house will only allow you to bet, it's another advantage from the house in which you have certain limitations, if you suffer from huge losing streak there's an amount that you can proceed to double your bets but once you already on the accepted pick then you will start back or it will not allow you to exceed from it.

All of the sudden those huge amounts of capital will still lose along the way, unless luck will come up and you are good at controlling yourself to allow taking decent money from the house.

It's a high risk strategy and you need to have a deep pocket, just like when someone posted above, it might take 1 BTC to run this and you don't know if you are going to be successful or not as it is based on pure luck.

And worst case scenarios, is that you suffered consecutive losses and there's no way that you can recover back unless you pull another 1 BTC from your pocket. So the question is, will you take that chance? or will just play conservatively and just enjoy the game without really chasing for the big win.

Most gamblers always use this strategy because this strategy is easy to use and is also spread everywhere so that many beginners who become gamblers always use this strategy the same as I sometimes use this strategy too, in fact this strategy can be used to earn money as long as we can control ourselves and consistent with the winning target we want to achieve, sometimes when we feel dissatisfied, that's when we will lose in a row and spend our money.

I've tried this and target wins like $10 per day for example so consistently I will stop playing when I get $10, but besides that I also limit losses, when I lose $10 I will stop playing to limit it, gamble if we can't control ourselves it will be difficult to win it, victory is not only measured by the amount of money earned but being able to fight our passions and being able to control our emotions when gambling.

Martingale strategy, where you double-down to cover your losses... It might work in the short term, but remember, you are gambling, and there is no such strategy that would guarantee you profit. The idea that you can keep doubling your bet until you win, and eventually recover your losses sounds good, right? But remember, casinos have a house edge which always helps the casino to win in the long run. And also your wallet doesn't come with infinite funds. So when you keep on losing, you will keep on doubling your bet and eventually will get cleaned real quick.

In the short run we should stop when it is successful. We shouldn't try to use the same strategy further. Martingale strategy brings win, but the risk we take is really big. So, to certain extent it can be tried. Beyond we should be careful handling our funds.

Whether you follow any strategy or you simply gamble, in all means luck is the primary factor. If you're lucky you'll be winning big, if not you're gonna loss. Martingale strategy have got the ability to bring big profit out of small amount, but the loss too happen within few rolls.

Yes, obviously the Martingale strategy is not the only solution, but as for some players they still believe deeply in the strategy and that is the reason why the casinos are such a profitable business, they let themselves be carried away by emotions, adrenaline , all this makes things go another way and now, I do not think that things could be so bad, because it is specifically known that many players who take care of their money do not apply this strategy, they bet very little and make their money It is seen as available balance, so these are issues that one should see what each player thinks, unlike casinos, there are some strategies that use the martingale in trading, but I don't know how well they do at it.