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Economy => Gambling discussion => Topic started by: Sir_Garry55 on December 29, 2023, 01:01:19 PM



Title: Martingale betting system
Post by: Sir_Garry55 on December 29, 2023, 01:01:19 PM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading


Title: Re: Martingale betting system
Post by: Oshosondy on December 29, 2023, 01:24:13 PM
The more you lose the more you need higher amount of money to continue gambling if you are using martingale strategy. But you should have it in mind not to use the amount of money that you can not afford to lose to gamble. Also have it in mind that you may not need martingale strategy if you want to stay long gambling because it will make you spend little time. You can martingale with just $20 to $50. Go for $5 first, the $10 second, $20 third and $50 as the fifth. If you do not win in any of the 3 or 4 rounds, stop gambling for that week if you are not collecting more than $1000 weekly. If you collect like $500 weekly, make it up to $20 and stop gambling if you do not win in any round. If you won ones, also stop gambling for that day.


Title: Re: Martingale betting system
Post by: Porfirii on December 29, 2023, 01:30:58 PM
Martingale is well known as a strategy that doesn't work. You can find a lot of information in Internet in that regard (in Wikipedia without going any further) or look for it in Taleb's Black Swan for a more detailed explanation.

The variants mentioned by Oshosondy can work in the short term, but as I said it is a losing strategy in the long term, if you keep applying it ad perpetuum, as nobody has enough bankroll to recover from a losing spree that sooner or later will happen.


Title: Re: Martingale betting system
Post by: Gozie51 on December 29, 2023, 01:34:48 PM
Whoever is using martingale to recover his loses should remember that he is taking alot more risk and like Op said, it is not a guarantee that you are going to recover what you have lost. In fact, you may lose higher because of course you are taking a higher risk because you are going to be staking higher than the initial stake.

If you don't have enough bankroll to risk, it is better to gradually play and if you recover you are lucky, otherwise try your luck next time.



Title: Re: Martingale betting system
Post by: Baofeng on December 29, 2023, 01:45:09 PM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading

I think majority here knows what Martingale (or even reverse Martingale system) is and for regular gamblers it's not going to work. Because obviously you need to have a deeper pocket to be able to pull this off. And if you just get to break-even in the end and chase those losses that you have.

Just a string of 7 consecutive loses, you are done if you used this system to let's say a bacarrat game. So it's not advisable for gamblers who have small funds. The best recourse is to do budgeting your bet for small and average bettors just the rest of us. And it will really deplete your bankroll if you are very unlucky.


Title: Re: Martingale betting system
Post by: Hispo on December 29, 2023, 02:10:51 PM
I have never used or even thought about using Martingale as an strategy when comes to rolling dices or anything. I do not have big enough pockets to do so and honestly the risk of losing all our money in a consecutive string of loses is just to high.
Though, assuming someone has big enough bankroll to afford to run such strategy, I believe it would be a very effective way to increase the amount of thrill one can get out of a single gambling session.

If we look at Martingale form the perspective of entertainment rather than a way to try to get as much money as possible off the casino, I believe there is some value and credit to be given to it, though obviously most people won't see Martingale from that perspective.

In general it is an strategy I would not advice the regular gambler to seek after, only in very situational occasions when the gambler is clear on what to expect from it.


Title: Re: Martingale betting system
Post by: Fivestar4everMVP on December 29, 2023, 02:14:56 PM
I am definitely not in the position to tell a gambler or gamblers how they should carry out their gambling activities, but then, speaking from my own personal experiences with martingale, first, Ive always believed and will continue to believe that martingale is not a gambling strategy even though we generally refer to it as such, Secondly, martingale is not something or a strategy that an average gambler would want to implore in or to their gambling activity, there is a very high chances that, such player may end losing all of his or her money.

For a small gambler who is managing his or her fund, it's best advised to avoid using martingale or anything that resembles it while you are gambling, except on a special ground that your mind is made up and you are fully ready to take responsibility of whatever happens.

From what I know, 90 to 95 percent of gamblers who use martingale end up losing all their funds if they did not stop along the way, I have no professional data to backup this claim, but it's a fact.


Title: Re: Martingale betting system
Post by: coin-investor on December 29, 2023, 02:22:35 PM

Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading
It's very tempting to use this system and why not it is within logic if you're doubling up with every loss there is a chance of recovering all your previous losses, but this could work on online betting I have used it in a color game in our fiesta and I always recover my previous losses, you just need a big bankroll and a good spirit and you can beat the table, but when I tried to apply it on online casinos I have a hard time recovering all my losses.

I even lost $300 doing martingale and I have a hard time recovering from that loss because I'm staking the coins I've lost, I could still make residual income if I hadn't lost that coin because of martingale.
You can use Martingale offline on other betting platforms but if you use it online the house edge will beat you, and you're going to regret it.


Title: Re: Martingale betting system
Post by: Jaycoinz on December 29, 2023, 02:24:51 PM
The more you lose the more you need higher amount of money to continue gambling if you are using martingale strategy. But you should have it in mind not to use the amount of money that you can not afford to lose to gamble. Also have it in mind that you may not need martingale strategy if you want to stay long gambling because it will make you spend little time. You can martingale with just $20 to $50. Go for $5 first, the $10 second, $20 third and $50 as the fifth. If you do not win in any of the 3 or 4 rounds, stop gambling for that week if you are not collecting more than $1000 weekly. If you collect like $500 weekly, make it up to $20 and stop gambling if you do not win in any round. If you won ones, also stop gambling for that day.
I don't think am okay with this type of gambling because what I see here is just someone getting addicted very fast to this type of gambling especially if the person isnt all that strong enough to meet up with decision and believe me there are lots of humans like that which at first start easy but when the gambling gets to their head they just tend forget their selves and let their emotions get to them and of you are that type of gambler then this particular system or pattern of gambling isn't the one that will suit your gambling health.


Title: Re: Martingale betting system
Post by: paxmao on December 29, 2023, 02:38:47 PM
Nothing based on a martingale is going to work ever. It is in fact something proven to be a sure way of actually losing anything you have, sometimes more than you have. Even systems that take profit early or play against systems with extremely high betting systems tend to fail. I did a computer simulation when I was 12 and since then I understand it very clearly: it´s a no-go no matter how you play it.


Title: Re: Martingale betting system
Post by: seoincorporation on December 29, 2023, 02:42:50 PM
Martingale is a well-known betting method, and we all know it doesn't work for the long run, in some point we will lose. But what people don't know is the martingale variants. These two are my favorites.

-Reverse Martingale: Where you double up after a win until you get enough consecutive wins.

-Multiplier Martingale: We add +1 on the multiplier and +1 on the bet.

The multiplier martingale is the name that i give to that logic. I even have a thread about that topic https://bitcointalk.org/index.php?topic=5461882.0 And i like that method because you win faster. Let's say in Martingale if you start with $1 you will end with +$1 at the end of the run, but with the MM you will get $1 for each bet until you win, if the run takes you 10 bets you end with +$10


Title: Re: Martingale betting system
Post by: Fivestar4everMVP on December 29, 2023, 02:54:19 PM
Nothing based on a martingale is going to work ever. It is in fact something proven to be a sure way of actually losing anything you have, sometimes more than you have. Even systems that take profit early or play against systems with extremely high betting systems tend to fail. I did a computer simulation when I was 12 and since then I understand it very clearly: it´s a no-go no matter how you play it.
Unfortunately, this is something many would never want understand, there are many gamblers who are so be-clouded by the desire to make money through gambling, so the extent that reasoning well is such a huge problem for them.

Martingale is something we have had multiple discussions on, on this forum and this board in particular, as well as the gambling discussion board, but it seems to me that, we are not done wit it and we may never be done with it.

There is no working strategy in gambling, most especially, when what we are talking about is slot or casino in-house games, but many of us will never understand, gambler in their quest for solution to their constant loses in gambling are looking for, and trying things that don't work, but will only cause them more loses and pains.


Title: Re: Martingale betting system
Post by: Solosanz on December 29, 2023, 02:55:40 PM
Even you have "significant bankroll", it doesn't make you able to win using this strategy.

I think people who use martingale strategy or other strategy over and over, they're gamble to earn money instead of fun. You can't make money by gambling, if you want to make money it's better to work or get a job.


Title: Re: Martingale betting system
Post by: _act_ on December 29, 2023, 03:00:18 PM
The variants mentioned by Oshosondy can work in the short term, but as I said it is a losing strategy in the long term, if you keep applying it ad perpetuum, as nobody has enough bankroll to recover from a losing spree that sooner or later will happen.
It is not only martingale strategy that will fail gamblers, all strategies will fail gamblers. As long as you continue to gamble for long, you will see the house or bookies winning. They have house edge that gamblers can see but some gamblers will still think that they can win the house or the bookies. They are just deceiving themselves.


Title: Re: Martingale betting system
Post by: Don Pedro Dinero on December 29, 2023, 03:04:39 PM
Martingale is well known as a strategy that doesn't work. You can find a lot of information in Internet in that regard (in Wikipedia without going any further) or look for it in Taleb's Black Swan for a more detailed explanation.

The variants mentioned by Oshosondy can work in the short term, but as I said it is a losing strategy in the long term, if you keep applying it ad perpetuum, as nobody has enough bankroll to recover from a losing spree that sooner or later will happen.

No matter how many times we have explained it on this forum, my friend Porfirii, every now and then we have someone saying that they have found a variant of the martingale that works or threads like this one where the author has not realised that the martingale has been known not to work since at least the 19th century. But hundreds of years go by and people still believe that they have found a system to win at the casino, be it this one or others.

It is not only martingale strategy that will fail gamblers, all strategies will fail gamblers. As long as you continue to gamble for long, you will see the house or bookies winning. They have house edge that gamblers can see but some gamblers will still think that they can win the house or the bookies. They are just deceiving themselves.

No. It is the strategy. Martingale is a rubbish strategy in which you risk money increasingly to win only the initial bet.


Title: Re: Martingale betting system
Post by: Ruttoshi on December 29, 2023, 03:10:14 PM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading
This strategy is not cool to me when gambling because how will I loss my first game and I will still increase my bet do that I can win my loss in the next game. This is a risky practice because gambling shouldn't be for profit making but for fun, and that is why is not good for a gambler to start chasing his losses. I see martingale strategy as a way of fueling loss chasing.

It is better to see gambling as a means of entertainment and gamble for fun, this will enable you to have a healthy gambling life, rather than having regrets and frustration for chasing your losses, that cannot be recovered,


Title: Re: Martingale betting system
Post by: cabron on December 29, 2023, 03:15:29 PM

That's why they suggest only to gamble what you can afford to lose. It's always luck.

But I did have some luck using the strategy with just $50. I was reluctant after losing many times with the strategy, it didn't stop me from using it out of stubbornness but you can play around still with the minimum amount you have. Who knows you can triple the amount but what is inevitable though is losing when you don't stop pushing your luck.


Title: Re: Martingale betting system
Post by: aioc on December 29, 2023, 03:53:10 PM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
I always warn my friends who are new to gambling about this martingale system but I let them decide if they still want to go for it or experiment with the system, I have proven it not to work while using it when I was a newbie and I don't want them to experience my bad experiences, the system looks simple but when applied to online casinos you will prove that you cannot keep up if you don't have a huge bankroll.

Quote
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading
You can use it when you advance when you know all the risks associated with using the martingale, you can do a variation and you can control your bet to get good results but if you're a newbie and you don't have a big bankroll better forget it and use other methods.


Title: Re: Martingale betting system
Post by: AbuBhakar on December 29, 2023, 03:57:23 PM
I would like get more ideas from my readers
Thanks for reading

Doing this will make your gambling experience more risky because you will increase your bet whenever you lose unlike playing on fixed bet and just wait for your luck to start take effect on the game to recover your losses.

Although Martingale is a double edge sword since you can win big time when doing this while your luck back up on your game because you can continuously experienced profit even though you lose whenever you manage a one round of successful martingale.


Title: Re: Martingale betting system
Post by: 3kpk3 on December 29, 2023, 04:10:33 PM
People who think that Martingale doesn't work don't really know much about it. It does work sometimes only in the short-term as long as you set proper profit and loss targets in a smart and calculated manner

It always fails in the long-term primarily thanks to the house edge factor and table limits.


Title: Re: Martingale betting system
Post by: coolcoinz on December 29, 2023, 04:11:59 PM
This is one of those discussions as old as gambling itself. In short, it's not worth it. You're either making a very small bet, or risking running out of money in just 5 or 6 moves. You can also keep winning forever, but that would require a giant bankroll just to win a few bucks.

Let's say you have a million dollars and bet $0.5 - technically you will never get a losing streak long enough to bankrupt you, but who in their right mind would deposit a million to a casino just to win a few dollars every day? You could simply get a few bucks every day by depositing it on a savings account or buying mining hardware with your money. Just buy a nice sports car and rent it out to people for a day and you'll earn more than that.


Title: Re: Martingale betting system
Post by: m2017 on December 29, 2023, 04:12:29 PM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses
And thus you lose your deposit even faster.

when you eventually make profit..it might not be beneficial to everyone
Well, the casino will definitely remain in profit.

Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
The question is whether this could increase losses even further.

Exploring this system doesn't always guarantee 100 percent success..
If there is no 100% success from using this system, then this system is not working. :)

many have lost a lot with this system and many have also made a
Lot of profit from it..
So, 50 /50 (many lost / many make profit)? Then what 100% success are you talking about above?

remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading
You can afford to give the casino free of charge.


Title: Re: Martingale betting system
Post by: NotATether on December 29, 2023, 04:14:45 PM
No, do not ever use Martingale, it is stupid and will make you lose everything you got in the bank.

In the past, I have personally been burned by making Martingale bets on games with low odds, and blew through my entire balance on casinos like that. Fortunately, it was no more than a few dozen dollars or like that, because I would never even think about gambling with big money.


Title: Re: Martingale betting system
Post by: bettercrypto on December 29, 2023, 04:26:18 PM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading

There are many who do the martingale method, but no one has really succeeded in that method; the money will only be put at a big loss when doing it. And the only thing I can see martingale doing in the casino here in crypto gambling is the dice game.

That's why, if you ask me, any gamblers who want to use martingale, I just advise that you should only use a limited amount of money, let's say 50 dollars, use it, and when it runs out immediately, stop it and do not try to deposit money again because, for sure, the amount of your loss should be small. It is possible that your loss will increase, especially in the end, because you are only chasing your loss.


Title: Re: Martingale betting system
Post by: Unsoldier on December 29, 2023, 04:49:18 PM
In theory, the Martingale system may seem attractive because of the idea of quick loss recovery. However, in practice, it can lead to serious financial losses. In addition, some casinos may have limits on maximum bets, so a gambler may not be able to increase bets indefinitely to recover his losses.


Title: Re: Martingale betting system
Post by: robelneo on December 29, 2023, 05:06:09 PM

Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading

Martingale is the most explored and most discussed system in gambling, I remember a few years ago about a newbie shouting Eureka that he found a way to win on dice, and it's Martingale so many newbies fall to this system until they found out the bad news, martingale is good to adopt if you know the truth about it and you're not expecting anything spectacular like newbies do.
It's the favorite of high rollers. They can attempt to beat the house because they have a big bankroll to challenge the house's edge but for average bettors like us you have to start with the lowest and hope that luck will be on your side, and it is better to use manual than auto when using a martingale and change the setting from time to time, good idea? no, sometimes it works most of the time it's not.


Title: Re: Martingale betting system
Post by: OgNasty on December 29, 2023, 05:52:51 PM
As others have mentioned, there are no ways to beat the system. The house has the odds and the longer you play the more likely you are to lose. This is the problem with the Martingale system. It works until it doesn’t work anymore and when it stops working you lose everything. So it’s a game of whether or not you can quit when you’re ahead before you lose everything.


Title: Re: Martingale betting system
Post by: ryzaadit on December 29, 2023, 05:55:12 PM
Use these but on winning.

You will ended with a rich balance ~XD. I playing blackjack everytime win, raise my bet 50% from the original bet and doing these with 3-4x bet after that the bet balance will be no change until we lose.

Last few days got a good streak win on BJ, around 5x times betting around 100$+ ended profit around 2000-2500$ with just 5x bet.


Title: Re: Martingale betting system
Post by: SamReomo on December 29, 2023, 06:12:44 PM
Martingate betting system is the worst strategy that a gambler follows because this strategy can empty your accounts within minutes if you apply it on online casinos. I have seen some players who applied Martingale strategy on Aviator, Crash, and Plinko and instead of winning they have lost thousands of dollars.

They began their bets with just $5 but due to many consecutive losses their bets went to $1000's and in the end they emptied their accounts with this strategy. This strategy can only work for those gamblers who don't go beyond $100 and if someones goes beyond that then the losses can be so high for the gambler.


Title: Re: Martingale betting system
Post by: lionheart78 on December 29, 2023, 06:19:47 PM
@OP I think you already grasp the idea about the Martingale betting system.  I believe there is no more to add any explanation about what the Martingale betting system can inflict on the gambler who uses the strategy specially when the gambler is playing a luck-based gambling game.  I think Martingale can be useful if a player knows when to stop or when to reset his bet if he suffers consecutive losses.

Use these but on winning.

You will ended with a rich balance ~XD. I playing blackjack everytime win, raise my bet 50% from the original bet and doing these with 3-4x bet after that the bet balance will be no change until we lose.

Last few days got a good streak win on BJ, around 5x times betting around 100$+ ended profit around 2000-2500$ with just 5x bet.

I guess you got lucky this time since you got consecutive good cards. Anyway, congratulations on your good session winning a huge amount on BJ,( that I assume that you stopped after hitting 5x in a row).  I wonder how you feel during those consecutive bets, when you are all-inning your wins...


Title: Re: Martingale betting system
Post by: Mate2237 on December 29, 2023, 06:27:59 PM
Martingale Betting is just like a normal thing in the gambling industry. Gamblers always have that mindset to win big when they loss a game and increase their bet to see if they can really win the jackpot (win big) and I don't think the gambler needs a big bankroll to win big. But all is just a luck. If he has luck he can win just small increase of the stake and win big to recover his lost again. For the gambler to have enough funds as backup is just to stake continuously until he win the lottery (big).

In this method, when you loss you loss greatly and if you even win you can't win to recover all you loses so you are still at the losing side of the method.


Title: Re: Martingale betting system
Post by: bitzizzix on December 29, 2023, 06:41:12 PM
The Martingale strategy is a type of betting strategy that originated in France in the 18th century, and I think almost all gamblers know about the martingale.
And the martingale betting strategy involves doubling your bet after each loss, until you finally win and it also requires great skill. However, the Martingale method can be very dangerous if used incorrectly, and you also have to have quite a lot of capital to do it. It is true that the Martingale strategy looks easy with the support of large capital, but in reality it is not as easy as you imagine.


Title: Re: Martingale betting system
Post by: alankasman on December 29, 2023, 06:42:00 PM
~snip

I would like get more ideas from my readers
Thanks for reading
The Martingale system is suitable as a strategy in roulette and blackjack gambling games because the Martingale strategy allows players to double their bets.
But using Martingale means, as you said, that players must have a large amount of capital because every time they lose they will increase their bet amount.
In this Martingale strategy, players also need patience. Personally, I am not ready to gamble using the Martingale system.


Title: Re: Martingale betting system
Post by: darkangel11 on December 29, 2023, 06:50:07 PM
No, do not ever use Martingale, it is stupid and will make you lose everything you got in the bank.

In the past, I have personally been burned by making Martingale bets on games with low odds, and blew through my entire balance on casinos like that. Fortunately, it was no more than a few dozen dollars or like that, because I would never even think about gambling with big money.

I can confirm. Martingale looks great on paper but once you start betting it turns into a nightmare.
I feel like the way online casinos work with many seeds mixed together and the system choosing winners from a group of players every time you roll makes martingale strategy useless.
Martingale will work when you flip a coin, but it won't work when you play 49% dice. It's a completely different game and people who think they can make money martingaling usually get hit by harsh reality.

If you don't believe me, try it with extremely low bet, like 0,00001BTC and see how you do. I bet you'll make less than $50 before you go bust and lose all your bankroll which is more than $100.


Title: Re: Martingale betting system
Post by: blockman on December 29, 2023, 07:11:17 PM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading
You don't need any more ideas about martingale because you are aware of it fully. It's not a good strategy in the long run because it will just make you lose a lot. But if you think that you have no worries with this strategy and it is giving you more profit then that's so much good for you. Because for the majority of us, this really doesn't work at all. We've tried to do this and then thought that it's going to end up with so great results but no, we were wrong about it and if you haven't tried it. You'll see what we are saying so better not to try it and just listen to the experience of other gamblers.


Title: Re: Martingale betting system
Post by: alastantiger on December 29, 2023, 07:28:33 PM
Martingale is well known as a strategy that doesn't work. You can find a lot of information in Internet in that regard (in Wikipedia without going any further) or look for it in Taleb's Black Swan for a more detailed explanation.

Why I do not like the Martingale strategy is that it is built on the assumption that the gamblers budget is so Large that the money cannot be used up which is very terrible. Another flaw with this strategy is that it forgets that no matter what, the house always wins. The house has the edge. Somin the end you a gambler who follows this strategy would lose all his money, runs into debt, be depressed and unhappy. It is not a responsible gambling method.
Have a budget, be disciplined enough to stick with it. If you have a losing streak do not wait until it is the fourth or fifth loss, leave.


Title: Re: Martingale betting system
Post by: famososMuertos on December 29, 2023, 08:20:18 PM
No, don't use the motto "only do it with money you can afford to lose"

They use that motto badly, they use it for those who tell them they are addicts, it doesn't work for addicts and it doesn't work for martingale either. It is incredible to read how badly that phrase is used, that phrase is to have confidence in the day-to-day life of your game, it is not "insurance" of funds nor does it prevent you from being addicted, as I have read in other posts.

MArtingale is used for those who have infinite funds and want to make large bets, and the return always has to be 2:1...(1:2)




Title: Re: Martingale betting system
Post by: iv4n on December 29, 2023, 08:21:02 PM
While many members here speak very negatively about Martingale I will try to shed some positive light... after all, we can't run away from Martingale, one way or another. Simply, after a streak of losses, we will raise bets or odds, and when we do that it's martingale, whatever game we are playing. The good thing about Martingale and some lucky-based games is that we can start from very low min bets, in that case, we can survive longer, but the bad part is that profit will be very low.

Martingale betting system is wrong when the base bet is high, it's stupid to push with high bets if you don't have the balance for that. But when it comes to betting with low amounts and some auto-betting strategies I think that we can't run away from Martingale. That doesn't need to be doubling after every loss, it means that we will raise the bet after losing "some amount" of bets. People who like to set-up auto betting strategies like I do understand what I am talking about.


Title: Re: Martingale betting system
Post by: Hamphser on December 29, 2023, 09:04:06 PM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading
Martingale is already that a long time known strategy on which adding up a % on every loss that you are taking on which it would really be able to recover up once you do able to hit up a win. Yes, its really that ideal
but its not something a guarantee that you could make money in the end. This is why making use of this strategy would really be that important that you should really know on when to get out specially when you are winning or in greens because usually people do stop their gambling thing only into those times that they had already bust up their bankroll.

The issue on martingale that this is one indeed one of the known strategies on which you could earn quick bucks but only when you are luck and able to pull it out early but we know the risk is high.
It wont really be worth on getting a peanut return on risking out even on the lowest best on which increasing out 100% in every roll. The issue on here is that on the time that you
would be experiencing those consecutive losses then this is where things do start to blown up.  ;D


Title: Re: Martingale betting system
Post by: acroman08 on December 29, 2023, 09:11:13 PM
this topic has been discussed a lot of time over the years here in the forum. it doesn't work if you have limited funds and plans to do a normal gambling session and it won't work even if you have an extremely large amount of funds when the casino has a max bet limit.

I would like get more ideas from my readers
if you are curious, you might want to check this thread out Martingale revisited (https://bitcointalk.org/index.php?topic=5168782.0), one of the forum member did an experiment on the martingale strategy, you'd be surprised at the result of his experiment.


Title: Re: Martingale betting system
Post by: Quidat on December 29, 2023, 09:22:15 PM
this topic has been discussed a lot of time over the years here in the forum. it doesn't work if you have limited funds and plans to do a normal gambling session and it won't work even if you have an extremely large amount of funds when the casino has a max bet limit.

I would like get more ideas from my readers
if you are curious, you might want to check this thread out Martingale revisited (https://bitcointalk.org/index.php?topic=5168782.0), one of forum member did an experiment on the martingale strategy, you'd be surprised at the result of his experiment.
This had been a long time topic that people are already been that discussing over and over on which its true that there's no such thing about unlimited funds and there's no way that you could really be having an advantage because just like we do all know that once that losing streaks hit you hard then you would be losing all of those balance in a blink of an eye. This is why its never been that recommended if you dont like on busting your entire balance on a snap. I would really be preferring to see or play dice or crash games on having that typical 2x odds rather than on
running automation on having that martingale system on which it is really the easiest and fastest way on losing the entire balance you do have.


Title: Re: Martingale betting system
Post by: Ojima-ojo on December 29, 2023, 09:29:47 PM
Martingale is not a strategy I will advice anybody or gambler to apply in their gambling activity, except the gambler fully understands the risks that comes with such practise as this, and he or she is fully ready to take full responsibility of the outcome of his or her action.

Martingale does work in gambling, but I still advice and discourage gambler from making use of it, as it most times act as the much need fire which will burn entire bankroll in a couple of minutes, leaving the gambler with nothing.

But anyways, good luck to whom ever will be applying Martingale in their gambling, for me, this remains a no go area.


Title: Re: Martingale betting system
Post by: Johnyz on December 29, 2023, 09:38:25 PM
Use these but on winning.

You will ended with a rich balance ~XD. I playing blackjack everytime win, raise my bet 50% from the original bet and doing these with 3-4x bet after that the bet balance will be no change until we lose.

Last few days got a good streak win on BJ, around 5x times betting around 100$+ ended profit around 2000-2500$ with just 5x bet.
This can be a rewarding strategy but still, Martingale is a risky decision to make and you will still need luck in order for you to enjoy this kind of scenario. Tried many times using Martingale and still ended up with the same result which was a big loss for me. Some may find this as a good strategy but there’s still no proof that this can beat the house and its not a consistent result.


Title: Re: Martingale betting system
Post by: Heartilly on December 29, 2023, 11:42:30 PM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading

To conclude what you are saying, never ever consider that betting system as a strategy.

Others might have been successful doing that betting sequence but they will only tell those success bets but will not mentioned their losses. Just always think of an obvious thing where if that betting method is really effective "in the long run", how come it's not even popular as an effective strategy? It's because it's not a strategy in the first place.

If others think that even starting from 1 satoshi will always yield a good profit, they should understand how provably fair works.


Title: Re: Martingale betting system
Post by: o48o on December 30, 2023, 12:09:14 AM
People who think that Martingale doesn't work don't really know much about it. It does work sometimes only in the short-term as long as you set proper profit and loss targets in a smart and calculated manner

It always fails in the long-term primarily thanks to the house edge factor and table limits.
It sounds like you are the one who know much about it. Because this not about our opinion of it. It's mathematically proven not to work. Saying it works shot term is like saying you most likely win a bet with 1.1 multiplier, which is basically same thing. It's just more unlikely to win it 10 times in a row. Sure, you can win with that tactic, but you will risk more then it comes to doubling your bet enough times. It's just a matter of probability. Obviously if you know something none of people do, please by all means prove it mathematically https://en.wikipedia.org/wiki/Martingale_(probability_theory)





Title: Re: Martingale betting system
Post by: Kemarit on December 30, 2023, 12:15:13 AM
People who think that Martingale doesn't work don't really know much about it. It does work sometimes only in the short-term as long as you set proper profit and loss targets in a smart and calculated manner

It always fails in the long-term primarily thanks to the house edge factor and table limits.

But still though, in the long run it's not going to work right?

And as you have said, "sometimes", that is the keyword there, and most of the gamblers here doesn't have the capital to run this strategy. I have abandoned it years ago just for that reason and as the experienced of others.

You could be one of those really lucky person who uses it short term and then make profit.


Title: Re: Martingale betting system
Post by: 3kpk3 on December 30, 2023, 07:49:14 AM
But still though, in the long run it's not going to work right?

And as you have said, "sometimes", that is the keyword there, and most of the gamblers here doesn't have the capital to run this strategy. I have abandoned it years ago just for that reason and as the experienced of others.

You could be one of those really lucky person who uses it short term and then make profit.
The fact is that this strategy helped me earn profit in the short-term in a couple of sites though I never used that strategy in those sites ever again which is why I did get lucky as you mentioned.

This particular logic applies to several gambling strategies like yolo gambling, fixed unit gambling etc.


Title: Re: Martingale betting system
Post by: madnessteat on December 30, 2023, 07:54:08 AM
~snip~

Martingale strategy is a strategy that leads almost every gambler who uses it to lose. It does not work as you think, because each previous round is not related to the next. You can get as many as many losses in a row. I would not recommend using this strategy in the hope of 100% winnings, because it is not true. In gambling there is no one strategy that leads only to winning.


Title: Re: Martingale betting system
Post by: adultcrypto on December 30, 2023, 08:10:59 AM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading
This method is the fastest way of getting broke. It is not sustainable and will always end in depression. Instead of doubling the bet after each loss, it is best to reduce the bet so you don't lose all the capital in a day. Being able to manage the capital is as important as anything in the gambling circle. Without proper money management, there will be no capital to use when luck is finally on the side of the gambler. The system described above is definitely not a good money management process.

Furthermore, this pattern of doubling the bet after each lose is another form of gambling addiction because it is only an addict that will continue gambling when it is obvious luck is not on his side. Those who have overcame addiction will stop for the day after few losses, probably to re-examine their style of betting and possibly use a different approach.


Title: Re: Martingale betting system
Post by: tbterryboy on December 30, 2023, 02:48:52 PM
I have never heard of a person who managed to get a lot of profit because of the martingale strategy but I have always seen or heard people saying that they have lost all their money because of it as when you start losing, the loss streak keeps getting bigger and bigger and eventually eats up all your bankroll.

Having a high bankroll cannot keep you safe from getting completely liquidated by this strategy, if that were a possibility, I'm pretty sure casinos would go bankrupt in no time because it's not difficult for a person to borrow money or take a loan if they knew it is a guaranteed way to gain money.

So, one should never rely on things such as strategies and stuff but instead, accept the fact that gambling is not a way to earn money, and no matter how hard you try, you are eventually going to lose the money.


Title: Re: Martingale betting system
Post by: Saisher on December 30, 2023, 03:01:54 PM

Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
I have to agree with you on this, I was short of my bankroll to recover all my losses using this martingale system, this martingale is for those who can keep up if you cannot keep up you will eventually lose, it's better to play with your choice than doing martingale with doing with your own choice you have full control and you will feel better knowing you lose because it's your own choice not a failed system you use to try to succeed.
Gamblers should always listen or read methods so they will not suffer the same fate as those who tried and failed.




Title: Re: Martingale betting system
Post by: Hirose UK on December 30, 2023, 03:15:20 PM
There is no strategy that will truly guarantee win and of course strategy is only way to increase opportunities, not necessarily result in victory.
Martingale is type of strategy that is quite popular and martingale is strategy that can produce multiple profits if successful and lucky.
The martingale strategy reminds me of one of my experiences with the Crazytime game and made me lose quite large amount of money, initially with only $100 in capital and then made me lose control until I deposited back around $200.
Everything was gone without any leftovers and it was clear that day was not lucky day for me.
However, what is quite annoying is when at the end of betting there is remaining balance of around $1 and I decide to bet it, but this last bet can result in win.
Imagine if the balance was still large enough, wouldn't that be the right time to get big win?

What everyone needs to always remember is that the martingale strategy requires more money or you could say that the martingale strategy must have spare money if you want to use it.
It just necessary to always be careful and aware of your own control because when applying the martingale it can make gambler experience increased emotions and do careless things.


Title: Re: Martingale betting system
Post by: adzino on December 30, 2023, 04:49:51 PM
Doesn't matter what "betting system" or strategy you use. The casino always has an edge, so in the long run, you will end up being defeated by the house. Same goes for martingale strategy. In paper, it might sound like it is a fool proof strategy, but it isn't. There are still risks. The higher your losing streak is, the more you will be risking. You won't even notice how you get wiped out within few seconds. You can say martingale strategy is risk free only if you have an infinite balance, but if you have infinite money, why would you want to be gambling using strategies? You could just throw money away. Strategies will help you control your losses, but it won't help you beat the casino.


Title: Re: Martingale betting system
Post by: Beparanf on December 30, 2023, 05:09:59 PM
Doesn't matter what "betting system" or strategy you use. The casino always has an edge, so in the long run, you will end up being defeated by the house. Same goes for martingale strategy. In paper, it might sound like it is a fool proof strategy, but it isn't. There are still risks. The higher your losing streak is, the more you will be risking. You won't even notice how you get wiped out within few seconds. You can say martingale strategy is risk free only if you have an infinite balance, but if you have infinite money, why would you want to be gambling using strategies? You could just throw money away. Strategies will help you control your losses, but it won't help you beat the casino.

This is right. The more you play the game means you have high risk on losing especially when it comes to martingale strategy. The number of loss streak increases as the number of total increase too.

The only additional input I can add here is you can successfully beat a casino too using martingale strategy without using infinite bankroll is by having a bankroll higher than the casino itself. This is the reason why casino place max bet or max win so that people potential winning has cap and force to play longer using small bet because they knew that they will have an advantage for long term games due to house edge and bankroll difference.


Title: Re: Martingale betting system
Post by: goaldigger on December 30, 2023, 05:16:46 PM
Doesn't matter what "betting system" or strategy you use. The casino always has an edge, so in the long run, you will end up being defeated by the house. Same goes for martingale strategy. In paper, it might sound like it is a fool proof strategy, but it isn't. There are still risks. The higher your losing streak is, the more you will be risking. You won't even notice how you get wiped out within few seconds. You can say martingale strategy is risk free only if you have an infinite balance, but if you have infinite money, why would you want to be gambling using strategies? You could just throw money away. Strategies will help you control your losses, but it won't help you beat the casino.
You can beat the casino by just playing and if you won that is over your capital, then you can just leave the casino for good and this is the only way for you to beat the house. Strategies will work in sports betting but in a game like slots, I believe its useless and even if martingale claims to be a good one, in reality its not and you are just increasing the risk of losing everything. Don't be greedy and just bet slowly but surely, its more fun to gamble without rushing things.


Title: Re: Martingale betting system
Post by: uneng on December 30, 2023, 07:22:36 PM
Everybody hates Martingale, but nobody can gamble without applying it to their gameplay. You may not double your bets on every loss, but you increase it anyway, so you are applying Martingale concept in your game, in every case.

Martingale has a limited benefical effect in our gambling session, but it's necessary on short run, otherwise we don't reach anywhere through repeating bets without adjusting their size on winnings and losses. Gamblers making short time profit are achieving this through this method, so it has its advantages. Even in sports betting this strategy can be applied.

And in fact, among every strategies I've already seen on the internet, Martingale is the one which best worked for me, making my bankroll grow and last for longer, although losses were inevitable after all. If you think it's bad, that is because you haven't tried others yet, like: reverse Martingale, Labouchere, Paroli, Fibonacci, D’Alembert...


Title: Re: Martingale betting system
Post by: Porfirii on January 02, 2024, 02:45:50 PM
Martingale is well known as a strategy that doesn't work. You can find a lot of information in Internet in that regard (in Wikipedia without going any further) or look for it in Taleb's Black Swan for a more detailed explanation.

The variants mentioned by Oshosondy can work in the short term, but as I said it is a losing strategy in the long term, if you keep applying it ad perpetuum, as nobody has enough bankroll to recover from a losing spree that sooner or later will happen.

No matter how many times we have explained it on this forum, my friend Porfirii, every now and then we have someone saying that they have found a variant of the martingale that works or threads like this one where the author has not realised that the martingale has been known not to work since at least the 19th century. But hundreds of years go by and people still believe that they have found a system to win at the casino, be it this one or others.

In fact, and you know it well too, in Spain we have this expression, "una martingala", which literally means according to the Spanish Royal Academy:

Quote
1. An artifice or a cunning to deceive someone, or for some other purpose.

So when we say (in Spanish) "don't come with martingales", the martingales would be little cheats to distort victim's reality.

Anybody could think that the author of the martingale would be the wise man according to the expression, but according to science it would be more on the contrary like: you were deceived because you thought the martingale was a winning strategy.

Either way, what is clear is that the expression has a pejorative meaning, for one reason. So, those who say that the martingale works, at least you are warned.



Title: Re: Martingale betting system
Post by: piebeyb on January 02, 2024, 03:18:23 PM
But anyways, good luck to whom ever will be applying Martingale in their gambling, for me, this remains a no go area.
Yes, it all depends on luck, but believe me, no one has ever been lucky and really succeeded in using this Martingale strategy, because I have tried using that strategy and I have even tried to adjust the settings so that it can be more profitable. Still, I understand now that the dealer will always win. although I have thousands of strategies though, so I wouldn't consider it a place to win games and make money now.

Currently I enjoy the game more without having to think about whether I will succeed and win using that strategy, never try Martingale because I'm sure the result will end up being the same as me just losing money like that, the average beginner always uses that strategy as a starting point because of their experience and in fact they still failed in the end.


Title: Re: Martingale betting system
Post by: Yatsan on January 02, 2024, 03:18:46 PM
Not a system but mote of a strategy. Definition is correct and personally I won't recommend this even if you have a large bankroll, and if you are into casino games or pure luck games. The purpose of this strategy is indeed good which is to regain your loss from previous bet however, how sure are you that you'd win the next bet wherein amount is doubled from the previous one? Given that there's no such thing as certainty of the outcome then you are just pushing your luck too much. Double it up 'til you have nothing left in your bankroll. Better to focus on managing your wager and the amount you could engage in one sitting to assure that no regrets will be there even if you end up badly for that day. Profit will just follow because of efficiency on bankroll management.
Doesn't matter what "betting system" or strategy you use. The casino always has an edge, so in the long run, you will end up being defeated by the house. Same goes for martingale strategy. In paper, it might sound like it is a fool proof strategy, but it isn't. There are still risks. The higher your losing streak is, the more you will be risking. You won't even notice how you get wiped out within few seconds. You can say martingale strategy is risk free only if you have an infinite balance, but if you have infinite money, why would you want to be gambling using strategies? You could just throw money away. Strategies will help you control your losses, but it won't help you beat the casino.
You can beat the casino by just playing and if you won that is over your capital, then you can just leave the casino for good and this is the only way for you to beat the house. Strategies will work in sports betting but in a game like slots, I believe its useless and even if martingale claims to be a good one, in reality its not and you are just increasing the risk of losing everything. Don't be greedy and just bet slowly but surely, its more fun to gamble without rushing things.
You will never beat the casino if you will force pushing through unless you are lucky and that doesn't come on a daily basis. Even with lotteries; people are betting for years consistently but not all bettors are hitting the jackpot. You are not betting against the casino but your fortune; not all casinos are rigged. We just tend to think that casinos are literally winning over us but it is our luck who is often absent which results to loss.


Title: Re: Martingale betting system
Post by: seoincorporation on January 02, 2024, 03:34:49 PM
Doesn't matter what "betting system" or strategy you use. The casino always has an edge, so in the long run, you will end up being defeated by the house. Same goes for martingale strategy. In paper, it might sound like it is a fool proof strategy, but it isn't. There are still risks. The higher your losing streak is, the more you will be risking. You won't even notice how you get wiped out within few seconds. You can say martingale strategy is risk free only if you have an infinite balance, but if you have infinite money, why would you want to be gambling using strategies? You could just throw money away. Strategies will help you control your losses, but it won't help you beat the casino.
You can beat the casino by just playing and if you won that is over your capital, then you can just leave the casino for good and this is the only way for you to beat the house. Strategies will work in sports betting but in a game like slots, I believe its useless and even if martingale claims to be a good one, in reality its not and you are just increasing the risk of losing everything. Don't be greedy and just bet slowly but surely, its more fun to gamble without rushing things.
You will never beat the casino if you will force pushing through unless you are lucky and that doesn't come on a daily basis. Even with lotteries; people are betting for years consistently but not all bettors are hitting the jackpot. You are not betting against the casino but your fortune; not all casinos are rigged. We just tend to think that casinos are literally winning over us but it is our luck who is often absent which results to loss.

You have a good point here guys, but I do not agree at all, i mean, the casino has a house edge, and is hard to beat the casino, but you need to understand there is a natural enemy of casinos and it is called VARIANCE. But what does variace mean?

let's say the casino has a house edge of 1%, and we are betting on 50% chance to win, so, in theory, we will win 49 of each 100 bets, but the variance is the amount that we are betting, if we lose with low bets and win with the big ones that will send the casino to red numbers.

And if we can't beat the casino is not only for the house edge, we can't do it because the casino has a huge bankroll. So, if we have $10 and play flip coin versus someone who has $1000 on $1 bets, the one who has $10 will lose all in the long run because he can only lose 10 bets while the other one has to lose 1000 bets.


Title: Re: Martingale betting system
Post by: gunhell16 on January 02, 2024, 03:55:11 PM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading

I also used that method before; at the beginning, it was quite effective, but in the end, I still did not fail to get a profit in the casino using that martingale. And in my few years here, I recently realized that in order for you to get a big profit in a martingale, there must be a limit to how much you should double your bet when you lose.

And when you reach that and still lose, you must go back to the beginning of the lowest amount you bet and repeat it until you hit again. When that happens, go back to the beginning.


Title: Re: Martingale betting system
Post by: Gozie51 on January 02, 2024, 03:55:21 PM
But anyways, good luck to whom ever will be applying Martingale in their gambling, for me, this remains a no go area.

Martingale is still a dangerous way to gamble. For a loser who implores martingale, he is likely to still gamble or bet in the same direction that he had earlier making him less likely to win the bet. He will only be hopeful that the bet favours him at the long run. His analysis will not be any where near "accurate" because of tension to chase his losses. I think it is better to let some losses go to start again in the beginning, so to start afresh is better than to keep patching already bad game.


Title: Re: Martingale betting system
Post by: len01 on January 04, 2024, 09:30:33 AM
now I want to ask a question about your statement that you must have large funds, how large an amount do you mean?
what I know from my experience is that the martingale strategy will never be recommended by anyone unless you have an unlimited money budget because if we just say you have to have a big budget it will still never work because luck is still an important role here and it also depends on how much the bet to be used.
I once tried this in a roulette game with basic bets, tried with the smallest bet amount and it seemed like luck was not on my side and losing streaks always happened and the budget I had was not enough to carry out this martingale strategy.

I'm sure even though I haven't read all the replies here but they will say the same thing that this strategy is not recommended.


Title: Re: Martingale betting system
Post by: 2Pizza410000BTC on January 04, 2024, 09:46:51 AM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading
My gambling experience is not very long but the few times I have participated in gambling I have won some bets. I have always participated in sports betting for which I have mostly won. But I never take up gambling professionally I always take up gambling as entertainment. But I don't have much experience in gambling, I don't know about martingale system. Also to many this martingale system seems simple but to me it seems very difficult due to lack of knowledge. I want to be clear first of all, what is this martingale system? Please explain me martingale system in simple way.


Title: Re: Martingale betting system
Post by: piebeyb on January 04, 2024, 10:56:51 AM
I'm sure even though I haven't read all the replies here but they will say the same thing that this strategy is not recommended.
Yes, it's true that usually this strategy is usually used by beginners because it usually works for them in the beginning, but when they use it for too long while playing then that's when they realize that the risk of using this strategy is very high so it's not really recommended by anyone because it's not will succeed and work to beat the casino machines and the dealer will always win and drain all the money with 10x consecutive losing streaks.

Many experiences seem to be shared in this thread how this strategy does not work well for small gamblers because it will drain money when experiencing several losing streaks it is better to use other strategies that are more reasonable and easy to use even with a smaller winning percentage it doesn't matter as long as it is don't spend a lot of money in a short time when using the martiangle strategy.


Title: Re: Martingale betting system
Post by: Peanutswar on January 04, 2024, 12:00:18 PM
This strategy i guess one of my worst mistake when I gamble way back years, i tend to keep doing this strategy to get back my losses instead i make my money vanish in just double the bet and lose the game, I tried this multiple times before but i guess this strategy doesn't fit to my gambling habit. Instead i keep sticking with the same bet all the time and wait to hit a good jackpot.

Also to many this martingale system seems simple but to me it seems very difficult due to lack of knowledge. I want to be clear first of all, what is this martingale system? Please explain me martingale system in simple way.

Martingale is a strategy of trying to double your bet after you lose it's a high-risk reward strategy if you win you gain your loss like getting back again in 1:1 if you lose you make it triple your loss 0:3 ratio it is just for the people who want to have a quick game.


Title: Re: Martingale betting system
Post by: davis196 on January 04, 2024, 12:07:47 PM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading

This is forum post number 12494905 about martingale. Do you want to add anything new to the discussion?
What "more ideas" do you want to get from the forum members? All the info about martingale is available online for free.
Just do a search and read it. There's no secret twist that will make martingale work or increase it's chances for winning.
My advice would be to never stick to martingale. Just try to be as random as possible in your bets. Sometimes you can apply the martingale tactic of making a double bet after you lose, but don't repeat it too often. Sometimes you might get lucky, but in the long run you will lose(which is fine).


Title: Re: Martingale betting system
Post by: rahmad2nd on January 04, 2024, 03:06:30 PM
yeah, Martingale. a system or method that is commonly used or applied by most gamblers. in fact, we have reviewed the Martingale method in many threads on the community, but most of us consider this system to be ineffective. in fact, we can apply this system or method in our gambling, but we don't have to double the bet every round. therefore, it would be very dangerous and risky. the danger is, if we don't have good control, angry emotions will affect our psychology and ultimately the game will get out of control. the risk is, if we are in an annoying situation, aka we are in unlucky mode. 10 rounds in betting folds, does not rule out the possibility of all losing.

At this point, a person will be in a phase of dilemma, anxiety, loss of concentration and filled with doubt. that's why, this technique is not recommended for beginners, especially those who don't have long experience in gambling. be it when playing blackjack, baccarat, roulette, or other games. well, since I rarely use this technique, plus the game I mentioned. so, I no longer involve the martingale technique. if someone still uses this technique in their gambling, everything is fine as you say. also, there is no 100 percent guarantee as you also said. however, these techniques can be combined according to the situation and circumstances when we play. also remember, don't get carried away by emotions and stick to the concept that we are just playing for fun. if we lose, just think we're unlucky. if you win, we can consider it as getting a bonus from something fun.


Title: Re: Martingale betting system
Post by: MAAManda on January 04, 2024, 03:33:23 PM
Even you have "significant bankroll", it doesn't make you able to win using this strategy.

There's no strategy that actually provides definite profits, because it's all part of luck, and no matter how much bankroll you have, it can all run out if luck isn't on your side. I'm not talking like this without any basis, it's because I've proven it myself, what do you call this strategy, Martingale? or strategies that lead to spirituality I have also done, but it's all meaningless. Gambling is supposed to be for fun, so don't let us (gamblers) get too greedy and fantasize too much about big wins.


Title: Re: Martingale betting system
Post by: 348Judah on January 04, 2024, 03:38:53 PM
But anyways, good luck to whom ever will be applying Martingale in their gambling, for me, this remains a no go area.

Martingale is still a dangerous way to gamble. For a loser who implores martingale, he is likely to still gamble or bet in the same direction that he had earlier making him less likely to win the bet. He will only be hopeful that the bet favours him at the long run. His analysis will not be any where near "accurate" because of tension to chase his losses. I think it is better to let some losses go to start again in the beginning, so to start afresh is better than to keep patching already bad game.

You're right, some games are a one way forward type of approach in which we cannot apply another attempts on them, but to this facts, it's our own personal decision in using this kind of betting technique, some have been seeing it a a way of being too risky to use this kind of betting system while some are more of being comfortable with it, but I can bet that many don't like using this pattern for their betting experience because of the risk and the one way kind of approach it is made up of.


Title: Re: Martingale betting system
Post by: danherbias07 on January 04, 2024, 03:59:53 PM
Wow, I thought I was going to see tips that would enhance that old strategy. I guess I am wrong.

Well, what you said was true. It's a risky type of strategy that needs a deep pocket before it can be successful. This is for the rich people who can afford to lose a lot and yet they will still have the money to bet for the next round.
The crazy thing about Martingale's strategy is having the courage to bet the next one. Imagine if you are losing $1000 and you will need to double that plus the previous losses. Are you brave enough to bet $2000 + the previous bets? It's not easy to release that huge amount of money and there's a chance we will reach that if we keep on losing especially if we are aiming for high returns with high-risk bets. Martingale's strategy is not used anymore because of that issue, because there's no assurance we will reach the win at the time we still have enough money.


Title: Re: Martingale betting system
Post by: o48o on January 04, 2024, 04:11:40 PM
Everybody hates Martingale, but nobody can gamble without applying it to their gameplay. You may not double your bets on every loss, but you increase it anyway, so you are applying Martingale concept in your game, in every case.

Martingale has a limited benefical effect in our gambling session, but it's necessary on short run, otherwise we don't reach anywhere through repeating bets without adjusting their size on winnings and losses. Gamblers making short time profit are achieving this through this method, so it has its advantages. Even in sports betting this strategy can be applied.

And in fact, among every strategies I've already seen on the internet, Martingale is the one which best worked for me, making my bankroll grow and last for longer, although losses were inevitable after all. If you think it's bad, that is because you haven't tried others yet, like: reverse Martingale, Labouchere, Paroli, Fibonacci, D’Alembert...
I don't have any feelings against martingale. All i am saying none of the versions of martingale work, as it's proven mathematically. Not in short or long term, as in short term it doesn't really differ from any other odds, expect you have a slight change of losing everything at the very first try when the doubling starts. You obviously have a change to make money, but with a martingale that doesn't come without risking all you got.

And what do you mean by increasing? You mean that amount of money we are using overall increases? Because if we randomly increase and decrease our bets, or keep on betting with same amount. Those aren't martingale. They are not strategies. They are just spending money, most the time hoping we win


Title: Re: Martingale betting system
Post by: Weawant on January 04, 2024, 04:22:23 PM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading
Personally I wouldn't recommend or encourage this system of gambling because I consider it to taking your money faster than a normal gambling system would, just they it's advantage which have to be the possible recovery at once is the edge it's got over other gambling system but it's still not ideal for my recommendation.

I would rather recommend a rollover system with smaller odds, this is even so safe that you would not be loosing much because you literally need a very little bankroll to start, and at some point you can withdraw your capital and be sure to be gambling with the money you have gotten from the casino which at that point could be considered gambling risk free but when you use this system where you have to keep doubling, you will definitely get to the point where you will be staking much more than you can afford to lose, and that's the birth of addiction, chasing of losses and irresponsible gambling which is one thing we are all advised against usually.


Title: Re: Martingale betting system
Post by: hedgeh0g on January 04, 2024, 04:33:30 PM
The Martin Gale strategy is very easy to use, everything is only limited by your deposit. This reminded me of the first time I played online roulette in a casino using this strategy, I was so captivated by the excitement that I literally went crazy. I thought that I had discovered a secret that no one knew and that I would be able to win a lot, how young and naive I was)) In general, I like her, but we can’t get carried away and play too much, otherwise we will definitely lose everything we have. After many years in gambling, I can say that even if I went to roulette now, I would most likely play this strategy, but I won about 30% more than the deposit that I would have, I left this casino))


Title: Re: Martingale betting system
Post by: tjtonmoy on January 04, 2024, 04:40:55 PM

I would like get more ideas from my readers

Gamble responsibly and don't gamble for profit. It is not a way of living neither it is some kind of investment. So don't think of profit when you gamble. You should only gamble when you can afford it. Because gambling should only be for Entertainment and when you can buy that entertainment only then you should gamble.

Chasing your losses is the worst when it comes to gambling. The more you chase the loss, the more loss you make. I'm against this strategy. I believe that having a specific amount for each bet and specific amount for each day is the best way to keep your emotion in check and gamble responsibly while enjoying it.


Title: Re: Martingale betting system
Post by: 2Pizza410000BTC on January 05, 2024, 03:29:33 AM
This strategy i guess one of my worst mistake when I gamble way back years, i tend to keep doing this strategy to get back my losses instead i make my money vanish in just double the bet and lose the game, I tried this multiple times before but i guess this strategy doesn't fit to my gambling habit. Instead i keep sticking with the same bet all the time and wait to hit a good jackpot.

Also to many this martingale system seems simple but to me it seems very difficult due to lack of knowledge. I want to be clear first of all, what is this martingale system? Please explain me martingale system in simple way.

Martingale is a strategy of trying to double your bet after you lose it's a high-risk reward strategy if you win you gain your loss like getting back again in 1:1 if you lose you make it triple your loss 0:3 ratio it is just for the people who want to have a quick game.
Not having much experience in gambling, I did not understand the martingale system very easily. But you explained Martingale system very easily to me, because of your simple explanation I got idea about Martingale system. Thank you very much for taking your valuable time to explain the Martingale system to me.


Title: Re: Martingale betting system
Post by: Biscutard on January 05, 2024, 03:43:40 AM
Martingale method may work for few people that are lucky enough to recover the losses but for most people it will never work. Rather it will just going to make the losses become even more bigger. I will never ever recommend this to some for people who are worried about the losses they have made when they are planning to chase for it and try to take it back. I simply suggest to cool down call it a day and get to gambling on the other day or on the next day. It is hard to see people getting broke because of this common mistake.


Title: Re: Martingale betting system
Post by: Dave1 on January 05, 2024, 03:44:34 AM

I would like get more ideas from my readers

Gamble responsibly and don't gamble for profit. It is not a way of living neither it is some kind of investment. So don't think of profit when you gamble. You should only gamble when you can afford it. Because gambling should only be for Entertainment and when you can buy that entertainment only then you should gamble.

Not sure why you advise that people don't gamble for profit,  I mean that is the very definition of gambling, to make some money and that's why people love it. The thrill and the adrenaline to win big. I would understand if you tell us to be responsible, but advising not to gamble when you are in this board? Lol.

Chasing your losses is the worst when it comes to gambling. The more you chase the loss, the more loss you make. I'm against this strategy. I believe that having a specific amount for each bet and specific amount for each day is the best way to keep your emotion in check and gamble responsibly while enjoying it.

Of course I will agree with your points, not to chase losses might be good. And this strategy is not really good in the long run. But I believed that there are risk takers willing to try some strategy and see how it goes for them.


Title: Re: Martingale betting system
Post by: Yaunfitda on January 05, 2024, 03:49:20 AM
Martingale method may work for few people that are lucky enough to recover the losses but for most people it will never work. Rather it will just going to make the losses become even more bigger. I will never ever recommend this to some for people who are worried about the losses they have made when they are planning to chase for it and try to take it back. I simply suggest to cool down call it a day and get to gambling on the other day or on the next day. It is hard to see people getting broke because of this common mistake.
That's they keyword, lucky and then you have a big capital to double up every time you lost and hope that luck will go on your side just to break even in the end. That's why majority is not advising this method or at least for average gamblers, it's very hard to run this as we don't have a big capital to begin with.

But I heard some story that this is doable and can be done in dice or even in card games like baccarat.

Imagine though, you are like losing 5 or more streak and still believe that this system works. So it's going to be more of a mental game in the end for gamblers. Whether to continue with this method or not or just stop gambling that night.


Title: Re: Martingale betting system
Post by: Maslate on January 05, 2024, 03:52:41 AM
Martingale method may work for few people that are lucky enough to recover the losses but for most people it will never work. Rather it will just going to make the losses become even more bigger. I will never ever recommend this to some for people who are worried about the losses they have made when they are planning to chase for it and try to take it back. I simply suggest to cool down call it a day and get to gambling on the other day or on the next day. It is hard to see people getting broke because of this common mistake.

As for long term approach on games that has a house edge, martingale strategy will never work.

Remember the words here " long term", that's because the odds are against us. However, if you do this on game that are based on skills, this might work for you, with a proper discipline, you might end up winning in the long run. Gambling site usually have their max bet limit, so that's the problem, you can't use it fully as the meaning of martingale is double every time you lose, what if you have 10 losing streak? Of course you'll need to bet bigger and that would possibly result to limit, so you just need to adjust a bit, maybe call it semi-martingale.


Title: Re: Martingale betting system
Post by: TravelMug on January 05, 2024, 03:57:50 AM
Martingale method may work for few people that are lucky enough to recover the losses but for most people it will never work. Rather it will just going to make the losses become even more bigger. I will never ever recommend this to some for people who are worried about the losses they have made when they are planning to chase for it and try to take it back. I simply suggest to cool down call it a day and get to gambling on the other day or on the next day. It is hard to see people getting broke because of this common mistake.

As for long term approach on games that has a house edge, martingale strategy will never work.

Remember the words here " long term", that's because the odds are against us. However, if you do this on game that are based on skills, this might work for you, with a proper discipline, you might end up winning in the long run. Gambling site usually have their max bet limit, so that's the problem, you can't use it fully as the meaning of martingale is double every time you lose, what if you have 10 losing streak? Of course you'll need to bet bigger and that would possibly result to limit, so you just need to adjust a bit, maybe call it semi-martingale.

Yes, in long term wherein the odds are going against us, and in the start pretty much the stacks is really not on our side. That's why it's hard to execute this strategy into perfection unless you have the element of luck in you and they the money to risk just to be able to get back your money in the beginning. And you have to start small here otherwise you can go and continue to used this method in the long run. 10 streak? I don't think you can reach that using this strategy without emptying your bankroll already. So it's worst strategy not just for small gamblers even whales are going to suffer massive losses if they crave in and try Martingale system. And who knows, maybe the individual who developed this so called method losses huge money trying to proved that this is a working method.


Title: Re: Martingale betting system
Post by: Finestream on January 05, 2024, 04:30:53 AM
10 streak? I don't think you can reach that using this strategy without emptying your bankroll already.

That's not impossible though, you can start with $1 usd and in your 11th bet, assuming you are in a losing streak, you need to bet $1024 to get back on the winning track. Just imagine the risk, I mean, can anyone take a risk to bet $1024 just to be win back all losses and get a profit of $1?

We might not feel the pressure when we are still in the planning stage, because the real pressure is when we are in the actual gambling. It will then be a battle between your mind and your emotion in deciding the situation cited above.


Title: Re: Martingale betting system
Post by: Essential10 on January 05, 2024, 09:41:55 AM
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading
Martingale strategy will only work if you have a large amount of money. If you use this method with small capital then you will lose your entire money very easily. The martingale strategy is basically to double your bet after each bone. An elder brother of mine known used this method in front of me in local gambling, he basically used this martingale method for every ball in a T20 cricket match. He lost the first two times, but won the third time betting. In the second stage, when he started losing seven bets in a row, he ran out of money on the eighth time and could no longer use this method. To use martingale method you need huge amount of money. I have noticed one thing, no gambling strategy can guarantee consistent winning in the long run.


Title: Re: Martingale betting system
Post by: asyakashi on January 05, 2024, 09:47:01 AM
Has this method ever worked for someone? I've seen this method but it's not on the gambling site doing binary options, namely binomo. an influencer who has many followers taught me and my friends to double our capital when we lose so that the next win will still make a profit. The problem is that as long as we use it, the results are the same, we still lose even though we receive some sweet wins in several rounds. if i think again everything has been arranged maybe?


Title: Re: Martingale betting system
Post by: len01 on January 05, 2024, 11:01:05 AM
I'm sure even though I haven't read all the replies here but they will say the same thing that this strategy is not recommended.
Yes, it's true that usually this strategy is usually used by beginners because it usually works for them in the beginning, but when they use it for too long while playing then that's when they realize that the risk of using this strategy is very high so it's not really recommended by anyone because it's not will succeed and work to beat the casino machines and the dealer will always win and drain all the money with 10x consecutive losing streaks.

Many experiences seem to be shared in this thread how this strategy does not work well for small gamblers because it will drain money when experiencing several losing streaks it is better to use other strategies that are more reasonable and easy to use even with a smaller winning percentage it doesn't matter as long as it is don't spend a lot of money in a short time when using the martiangle strategy.
of course, no one will ever succeed because we all gamble only depending on luck except in skill based games.
it is impossible for us to fight our luck and force luck to come by using the martingale strategy, whereas this strategy will actually drain our budget very quickly. to this day I have only found one person who has successfully used the martingale strategy to get quite a big win but it comes down to how lucky they were and the fact that he tried this strategy again failed and lost his winnings again.

whatever method or strategy we will use in gambling will never work because the house always wins and unless the gambler bets with his skill in skill based games.


Title: Re: Martingale betting system
Post by: tjtonmoy on January 05, 2024, 01:02:19 PM
Not sure why you advise that people don't gamble for profit,  I mean that is the very definition of gambling, to make some money and that's why people love it. The thrill and the adrenaline to win big. I would understand if you tell us to be responsible, but advising not to gamble when you are in this board? Lol.
This is not for professional gamblers. They know their ways of gambling. This is for beginners or someone putting money into gambling that they can't afford to lose. I said gamble only if you can afford to buy it as a form of entertainment. Gambling is not for everyone. I don't care if this is a gambling board to something else, I will say what is right.

Gambling only with money you can afford to lose is also a part of responsible gambling. If you put it aside and use all of your hard-earned money to gamble, you could lose everything. It's all about luck. You can not depend on luck to make a living, can you?


Title: Re: Martingale betting system
Post by: LUCKMCFLY on January 06, 2024, 06:18:22 PM
Not sure why you advise that people don't gamble for profit,  I mean that is the very definition of gambling, to make some money and that's why people love it. The thrill and the adrenaline to win big. I would understand if you tell us to be responsible, but advising not to gamble when you are in this board? Lol.
This is not for professional gamblers. They know their ways of gambling. This is for beginners or someone putting money into gambling that they can't afford to lose. I said gamble only if you can afford to buy it as a form of entertainment. Gambling is not for everyone. I don't care if this is a gambling board to something else, I will say what is right.

Gambling only with money you can afford to lose is also a part of responsible gambling. If you put it aside and use all of your hard-earned money to gamble, you could lose everything. It's all about luck. You can not depend on luck to make a living, can you?

Whenever we focus on a casino, we must do everything possible to be responsible with what we do because basically the first thing I recommend doing is looking for how I can do anything to make the money work, that's why I always remind everyone before to play allocate money willing to lose, in the event that you lose then easy, it is assumed that you lost and you go another day to continue playing, another game session, this is the only thing that should always be done, in the case that We don't have to do another game session because we look for it in the following week or something like that, but if we play, we lose, we shouldn't waste any more time, because that's where the problems start, there's not much to do, the most Surely that money will be lost, I know that emotions have a lot of influence, but when this becomes evident, things can be quite strong, because it can be and means the beginning of a possible addiction.

In any case, when we look for things to do, such as ways and strategies to win, we must always have that rule so that many problems are avoided, among them addiction, it is also necessary to highlight that at the same time we have profits, which is What you should do is withdraw them, feel for that money and not let things get out of hand later, for me it is very necessary to do any type of thing when you win, because it is the enjoyment of others, and that is why you play. No? Not just to have fun, we always look to win, why if there was no opportunity to win in a caisn, then who would come in to play? I believed that no one, because it is a fact that things will always take for granted that we can have different ways of seeing things, the main thing is the enjoyment of this, under every scheme many things have to be observed, but be very responsible, That's where everything starts, it's the premise that every player must consider.


Title: Re: Martingale betting system
Post by: the rise on January 06, 2024, 06:28:02 PM
I like this way. but defeat is still defeat. whatever strategy we usually lose in gambling is a losing streak that is not good to continue. If we win, it's usually a streak. I think we have to know when to stop when we lose, don't let the profit or capital run out because we know that we have lost several times and are still continuing. so does victory. take a reasonable win so that we can enjoy the win without returning to the gambling site.


Title: Re: Martingale betting system
Post by: Quidat on January 08, 2024, 02:38:37 PM
I like this way. but defeat is still defeat. whatever strategy we usually lose in gambling is a losing streak that is not good to continue. If we win, it's usually a streak. I think we have to know when to stop when we lose, don't let the profit or capital run out because we know that we have lost several times and are still continuing. so does victory. take a reasonable win so that we can enjoy the win without returning to the gambling site.

No matter how many strategies that you would really be using on gambling, there's no way that you could really be able to beat up the house specially if you are dealing with luck based type of gambling then you would really be that basically making yourself that incuring more losses as you would really be that making yourself trying out to achieve on something which is impossible or really that hard.
When it comes to this kind of strategy then it is really just that depending on someone when it comes to self realizations whether they are really that mindful about the reality of gambling.
Martingale system is profitable but only into the time that you do really know on when to get out, because usually people would be busting up themselves on the time that
they do become that too greedy.


Title: Re: Martingale betting system
Post by: hedgeh0g on January 08, 2024, 02:43:36 PM
I'm sure even though I haven't read all the replies here but they will say the same thing that this strategy is not recommended.
Yes, it's true that usually this strategy is usually used by beginners because it usually works for them in the beginning, but when they use it for too long while playing then that's when they realize that the risk of using this strategy is very high so it's not really recommended by anyone because it's not will succeed and work to beat the casino machines and the dealer will always win and drain all the money with 10x consecutive losing streaks.

Many experiences seem to be shared in this thread how this strategy does not work well for small gamblers because it will drain money when experiencing several losing streaks it is better to use other strategies that are more reasonable and easy to use even with a smaller winning percentage it doesn't matter as long as it is don't spend a lot of money in a short time when using the martiangle strategy.
of course, no one will ever succeed because we all gamble only depending on luck except in skill based games.
it is impossible for us to fight our luck and force luck to come by using the martingale strategy, whereas this strategy will actually drain our budget very quickly. to this day I have only found one person who has successfully used the martingale strategy to get quite a big win but it comes down to how lucky they were and the fact that he tried this strategy again failed and lost his winnings again.

whatever method or strategy we will use in gambling will never work because the house always wins and unless the gambler bets with his skill in skill based games.
To a large extent, yes, it is, but in order to play, it is better to use some kind of strategy, because mindless play is even worse. Martingale is just one of hundreds of other strategies and of course it will not allow you to win or lose all the time and there is nothing special about it. It has been tested hundreds of thousands of times by different players, and if it had been successful, all the casinos would have gone bankrupt long ago.

Your friend should have just stopped playing after winning big. He made the most common mistake among players - he came back to win again. Did he feel that he was the chosen one and now luck would follow him everywhere? Such players will always be punished, sooner or later.


Title: Re: Martingale betting system
Post by: cafter on January 08, 2024, 02:53:46 PM
Martingale is very bad and risky strategy if you are playing with small amount and trying to make something significant profit like 5%.
if you have huge bankroll then it will take time for a great losing streak to eat it all but that time will come sooner or later, I do not play martingale or any strategy because previously i faced huge losses because of it.
I prefer betting random if I lost significant then i start with small bets, instead of doubling down.


Title: Re: Martingale betting system
Post by: Accardo on January 08, 2024, 03:05:38 PM
Martingale method may work for few people that are lucky enough to recover the losses but for most people it will never work. Rather it will just going to make the losses become even more bigger. I will never ever recommend this to some for people who are worried about the losses they have made when they are planning to chase for it and try to take it back. I simply suggest to cool down call it a day and get to gambling on the other day or on the next day. It is hard to see people getting broke because of this common mistake.

Martingale strategy isn't a preferable method of raising our chances of winning in gambling. Those who practice this method end up chasing losses and it's not advisable as you said. The need to double or increase the amount of money we wager, easily finishes the player's bank roll. Unless a player is ready to lose a significant amount of money before winning, he shouldn't use the martingale strategy. Winning is not certain in gambling, players are expected to reduce the amount of money they spend while gambling, instead of increasing it. We understand that, at some point the gambler could win, but it doesn't worth the risk, as the money may not be equated to the lost money. High rollers may try this method and gain a better profit, but a low roller who does same thing could regret his decision. Hence, it's better to use the Martingale strategy on some sure investments like purchasing shares in a prominent company, than using it to gamble hoping on a big win.


Title: Re: Martingale betting system
Post by: AmoreJaz on January 08, 2024, 04:04:30 PM
Martingale is very bad and risky strategy if you are playing with small amount and trying to make something significant profit like 5%.
if you have huge bankroll then it will take time for a great losing streak to eat it all but that time will come sooner or later, I do not play martingale or any strategy because previously i faced huge losses because of it.
I prefer betting random if I lost significant then i start with small bets, instead of doubling down.

if you have small bankroll, this is not recommended at all as you will be busted even before you have the chance of winning. also, if you have  small funds, better employ small bets each time, where you think you can extend the time of your betting.
but of course, each casino has their minimum bet per game, so yeah, better check that out first as well. unless, the system won't let you bet if you are under their min bet.

I like this way. but defeat is still defeat. whatever strategy we usually lose in gambling is a losing streak that is not good to continue. If we win, it's usually a streak. I think we have to know when to stop when we lose, don't let the profit or capital run out because we know that we have lost several times and are still continuing. so does victory. take a reasonable win so that we can enjoy the win without returning to the gambling site.

there are so many known strategies and yet, there's no single strategy that will give you 100% assurance of winning. because if there's one, for sure a lot of people are already exhausting its use in gambling. and casinos are in bankruptcy stage if there's even one strategy that has very high winning probability.


Title: Re: Martingale betting system
Post by: AbuBhakar on January 08, 2024, 04:22:25 PM

if you have small bankroll, this is not recommended at all as you will be busted even before you have the chance of winning. also, if you have  small funds, better employ small bets each time, where you think you can extend the your betting time.

It depends on the minimum bet of the casino because some casino offers 0.0000… amount as minimum bet especially on dice site which martingale is still possible but ofc this is not applicable if your bankroll is just few rollover bets to be busted.

The amount of the bankroll is not the key factor on martingale since you can still easily bust even if you have 1M bankroll while you bet 10K on each spin or round. It’s more on the size capable of many rollover.


Title: Re: Martingale betting system
Post by: topbitcoin on January 08, 2024, 04:34:10 PM
This is a system that has a fairly high level of risk, because it can allow us to lose everything... And we also need to remember, that up to now there is not a single strategy, trick or system that can provide a guarantee of winning up to one hundred percent. , because it is all the same, speaks of a possibility.

And believe it or not, it comes back to each individual. The more ambitious we are to pursue big wins, the deeper the losses we will experience.
Gambling is a game that must be played with a cool and calm head, so that everything is well controlled, which even though it cannot lead to a big win, but by gambling calmly and with full control, you will always be able to minimize the level of losses that will occur. experienced. It is true that there is always hope when gambling, but the more we hope to win big, the more money we will spend on gambling.


Title: Re: Martingale betting system
Post by: lombok on January 08, 2024, 05:17:26 PM
I've tried the martingale system, but it doesn't change and there are still more losses than wins. Maybe in some cases it could happen, but when compared to reality, on the contrary, we could experience bigger losses. A way to gamble that is safe and still works well is to use money that is affordable to lose. For several cases that I experienced in recent days, I only placed small bets while watching the system running in the game crash in every session. I also didn't place bets, I only placed bets in every session that I was sure of and it went smoothly. I got a lot of wins, but when I got greedy and started increasing bets and placing bets every session I experienced losses that were much bigger than all the wins I got.

The lesson I learned, use the minimum amount of betting money possible so that if we lose we still have funds to recover previous losses, play calmly and not be greedy.


Title: Re: Martingale betting system
Post by: hedgeh0g on January 09, 2024, 05:56:22 PM
Martingale is very bad and risky strategy if you are playing with small amount and trying to make something significant profit like 5%.
if you have huge bankroll then it will take time for a great losing streak to eat it all but that time will come sooner or later, I do not play martingale or any strategy because previously i faced huge losses because of it.
I prefer betting random if I lost significant then i start with small bets, instead of doubling down.
Who knows, maybe random bets are best suited for the game and with them you can probably get the greatest pleasure from the game and do not need to come up with any abstruse strategies. There are already too many of them, but I don’t know anyone who gets rich using them every day. Moreover, gambling sites will not allow you to withdraw money all the time, they are created only to collect money and sometimes allow random players to win so that they talk about winning as often as possible and everyone else would want to do the same. So yes, to some extent I agree with you.


Title: Re: Martingale betting system
Post by: seoincorporation on January 09, 2024, 09:08:22 PM
Has this method ever worked for someone? I've seen this method but it's not on the gambling site doing binary options, namely binomo. an influencer who has many followers taught me and my friends to double our capital when we lose so that the next win will still make a profit. The problem is that as long as we use it, the results are the same, we still lose even though we receive some sweet wins in several rounds. if i think again everything has been arranged maybe?

As you mention the method can be applied to trading or forex too, but the main problem of this strategy is a big losing streak, if we lose something like 16 consecutive times we will get on a deep hole where the next bet is just too big, and since the risk doesn't worth it is better to take our lose and walk away.

This method works if you have enough capital, let's say you have 100000 Dogecoins and start betting 1, that way you can lose a lot of consecutive times. But winning 1 dog on each run is a really low profit.


Title: Re: Martingale betting system
Post by: Kemarit on January 09, 2024, 09:11:59 PM
I like this way. but defeat is still defeat. whatever strategy we usually lose in gambling is a losing streak that is not good to continue. If we win, it's usually a streak. I think we have to know when to stop when we lose, don't let the profit or capital run out because we know that we have lost several times and are still continuing. so does victory. take a reasonable win so that we can enjoy the win without returning to the gambling site.

Who wouldn't like it? The thing is that any strategy in gambling is going or not or not at all. And also don't forget to add the element of luck in this strategy and the bankroll as well. If you are lucky then you can have that streak and maybe not used this strategy anymore.

But if you are unlucky then you might want to try this out, but as I have said, bankroll is the key because of you don't have big money, then you can't recover and recoup as this is the main purpose of this strategy, get back and win all what you have lost by doubling every time.


Title: Re: Martingale betting system
Post by: AmoreJaz on January 09, 2024, 09:27:27 PM
I've tried the martingale system, but it doesn't change and there are still more losses than wins. Maybe in some cases it could happen, but when compared to reality, on the contrary, we could experience bigger losses. A way to gamble that is safe and still works well is to use money that is affordable to lose. For several cases that I experienced in recent days, I only placed small bets while watching the system running in the game crash in every session. I also didn't place bets, I only placed bets in every session that I was sure of and it went smoothly. I got a lot of wins, but when I got greedy and started increasing bets and placing bets every session I experienced losses that were much bigger than all the wins I got.

The lesson I learned, use the minimum amount of betting money possible so that if we lose we still have funds to recover previous losses, play calmly and not be greedy.

that strategy, i also used for my crash and dice games. i don't bet continuously, if i feel i will be right on my bet, then i bet. i normally don't set it to auto mode. you can easily get busted if you are in auto mode and the bet amount is quite significant.
martingale system is one of the common methods used by gamblers, but it has some kind of magic for certain period of time. and you haven't gotten out while you are still in profit, you will also be on the losing end.


Title: Re: Martingale betting system
Post by: Volimack on January 10, 2024, 05:53:35 PM
Martingale betting system doesn't suit me Casino games have an edge which means you can't win. There are ways to give yourself a better chance of winning and one of them is to use betting systems other than Martingale. With this system when you finally win after each loss you can't recover all your previous losses and end up with a loss. Of course no betting system can guarantee winning and the martingale system is no exception.


Title: Re: Martingale betting system
Post by: lombok on January 12, 2024, 04:04:35 PM
I've tried the martingale system, but it doesn't change and there are still more losses than wins. Maybe in some cases it could happen, but when compared to reality, on the contrary, we could experience bigger losses. A way to gamble that is safe and still works well is to use money that is affordable to lose. For several cases that I experienced in recent days, I only placed small bets while watching the system running in the game crash in every session. I also didn't place bets, I only placed bets in every session that I was sure of and it went smoothly. I got a lot of wins, but when I got greedy and started increasing bets and placing bets every session I experienced losses that were much bigger than all the wins I got.

The lesson I learned, use the minimum amount of betting money possible so that if we lose we still have funds to recover previous losses, play calmly and not be greedy.

that strategy, i also used for my crash and dice games. i don't bet continuously, if i feel i will be right on my bet, then i bet. i normally don't set it to auto mode. you can easily get busted if you are in auto mode and the bet amount is quite significant.
martingale system is one of the common methods used by gamblers, but it has some kind of magic for certain period of time. and you haven't gotten out while you are still in profit, you will also be on the losing end.

In my opinion, the automatic system is like a donation menu 😅, there are more losses than wins. However, if the game crashes it depends on how many multiples we want, if we use a small multiple of 1.1× it might be possible to minimize losses but reduce our chances of getting 10× or even up to 100x multiples 😅


Title: Re: Martingale betting system
Post by: SeaCoinCollector. on January 20, 2024, 07:30:09 AM
When you lose with the Martingale method, you double your bets. That way, if you win, you can make up for the times you lost. If the team keeps losing, this plan comes with a lot of risks. But it can help them quickly get back on track. You can't be sure you'll win, and it costs a lot of money. Choose how much you're ready to lose, and that's all you should bet. People who do these things could lose money, so they should be very careful. Also, they should know that gambling always comes with risks.


Title: Re: Martingale betting system
Post by: wxa7115 on January 20, 2024, 07:49:48 AM
Martingale betting system doesn't suit me Casino games have an edge which means you can't win. There are ways to give yourself a better chance of winning and one of them is to use betting systems other than Martingale. With this system when you finally win after each loss you can't recover all your previous losses and end up with a loss. Of course no betting system can guarantee winning and the martingale system is no exception.
No betting progression can give profits to a gambler, this is a known fact and it has been demonstrated over and over again, martingale may seem to be a good strategy as the smaller your initial bet, the higher your bankroll and the maximum bet size, the smaller the chances you will lose your bankroll.

However if you gamble for long enough you will eventually lose it all no matter how small was the chance of this happening, and that is when many of those people begin to complain about the casino scamming them, when it was their use of a flawed strategy what caused them those losses.