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Economy => Gambling discussion => Topic started by: Oshosondy on May 15, 2024, 09:28:41 AM



Title: Martingale strategy is a failure if you are consistent with it
Post by: Oshosondy on May 15, 2024, 09:28:41 AM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: tsaroz on May 15, 2024, 09:43:59 AM
I have a similar experience with martingale. Ideally martingale works if you have infinite fund to start with, if you keep double or covering the last bet loss with every new bet. The reason why our martingale stops is we don't have enough money or patience.
Back than there used to be a gambling site that allowed auto running strategies and let us go as below as 1 satoshi per bet. I had enough bitcoins and did started my bet on 1 satoshi. Running it all day, I earned something 3000ish satoshi everyday. But running it as such for such small profit was frustrating. I got bored and increased the minimum to 100 satoshi busting it in a few hours.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: crwth on May 15, 2024, 09:55:30 AM
We all know that strategy and making it a profitable one is really hard. Doubling every time would make it easy for you to lose a lot. It's going to be a problem.

I think what you are trying to say is you make it random in a way? So that you are not consistent with it?

A lot of people have tried it and I always see it in the Dice bot thread or groups. You could check it out OP.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: avp2306 on May 15, 2024, 09:57:12 AM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

Nope its not actually a failure but rather it depends on the person who's using it since if they have a attitude where this people became so greedy when getting good profits on one of their gambling activities done then provably this will really result to a failure since greedy individuals are usually goes broke because they don't have something to follow and they lack of discipline so result is really bad for them.

But if they have discipline and know how they could able to deal on certain condition and knows how to use well this method then provably they can earn especially if they know for theirselves on when to stop. Increase the size of our bets is not bad action or decisions but one thing we need to consider is we know how to deal with certain consequence since if we brought up some good attitude and be realistic on our approach then profits might be possible for us to gain by using this strategy.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Baofeng on May 15, 2024, 10:00:06 AM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

You describe what the failure of Martingale system it, you need a huge bankroll + luck. That's why it is not really a good system to begin with, just wondering what kind of bet you did though? red/black? or 1-18 or 1-36.

Although I used this system from time to time in baccarat, and I will only go for 3 straight consecutive wins and then I will stop and reset or completely just "cool-down" and not force myself to continue with this strategy, but having like 4 or more consecutive losses, it's already a disaster.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Davidvictorson on May 15, 2024, 10:16:22 AM
Thank you Oshosondy for sharing your experience. As for me, the first time I went to a online casino, I mate played roulette, and because I had heard so much about the Martingale strategy, I decided to test it. I lost 11 times in a row. I came to the conclusion that this strategy is good for quick in and out betting but long term the odds remain the same. It’s still the best overall approach. Just realize that when you start with $2, you lose in a succession. All those bets are simply to win back your initial $2 which I consider a slow growth.




Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: EluguHcman on May 15, 2024, 10:44:36 AM
Yeah. That was just me because I have been on that martingale strategies in several times.
I would usually have a target to win and when I wins, I will always want to upgrade to win higher amount and while chasing the higher price I lost it all.

I will reinforce and bet again to recover my lost and just live but once I am lucky to the recovery, I will still dare the game to win up to the initial amount I won before, of I am also lucky, I will still want to win higher and higher and my consistence on chasing this higher prices and recovery my lost always causes me to lost more and only self discipline and determinations would let me walk out and stop gaming at that moment.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: aioc on May 15, 2024, 10:52:51 AM
I have used it many times in the past, and I have had the same results, sometimes good, most of the time bad. If you're going to use it, be sure you know when to quit. It's not a good strategy if you want to make a profit, and it's tiresome to think you are spending more bets and taking time to recover your initial amount. The chances are not that high.

Your bankroll should be high enough for you to recover and win. The longer you play using martingale, the slimmer your chances to win or recover your loses.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: TravelMug on May 15, 2024, 11:02:02 AM
I have used it many times in the past, and I have had the same results, sometimes good, most of the time bad. If you're going to use it, be sure you know when to quit. It's not a good strategy if you want to make a profit, and it's tiresome to think you are spending more bets and taking time to recover your initial amount. The chances are not that high.

Your bankroll should be high enough for you to recover and win. The longer you play using martingale, the slimmer your chances to win or recover your loses.

Right, it just shows that there's no perfect strategy in gambling, and it's really hard to gauge how long this strategy is going to work, thus we should all know when to stop and quit as to not to lose any more money. Bankroll should be high enough for you to make a run and then stop the bleeding to recover with that one win. But if you continue to used this strategy and you don't have that bankroll, for sure all your money will be eaten in just a couple of rolls regardless if it is baccarat, dice or roulette games. And we have heard stories like what the OP describe or his frustrations using this martingale or even reverse martingale.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Apocollapse on May 15, 2024, 11:04:23 AM
By theory, martingale strategy will work if you have a lot of money, while in this case you didn't have a lot and you try to use martingale strategy, it's why your money can run out fast. I'm not saying that martingale strategy is a legit strategy to win in gambling, but you didn't meet the requirement to use martingale strategy, so we don't know how it will goes when you have a lot money.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: iv4n on May 15, 2024, 11:06:30 AM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

As the title of your thread says, any strategy fails if overused, but as you can see a bigger problem than choosing a strategy is our greed. If I understood correctly you started with $3.5 and managed to get to $18, that should have been a nice game and that's the moment when you should have stopped the game. But greed is what we all face and often lose because of it, I think something like this has happened many times to each of us, at least to all of us who gamble often. Many times I also made x2 and much more, but I did not know/want/wished to stop and I lost both profit and deposit. It's gambling and when we are excited it's easy for us to get carried away and to believe that we can win even more...

You don't need to have a boring day just because you lost some money... you enjoyed the game and you lost, next time try to stop on time and everything will be fine. It's something we all need to learn, and more importantly to remember to apply that in the heat of the game.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: angrybirdy on May 15, 2024, 11:10:05 AM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

we can apply the martingale strategy if we have enough money or funds that can sustain our gambling session on that day, because doing this strategy we need a sufficient amount but if we feel that martingale doesn't work for us anymore, much better if we should stop and change our strategy because we will only run out of money if we always lose and every time we lose, we double our bet because of the idea that maybe once we win, it is possible for us to gain a lot of money in return.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: _act_ on May 15, 2024, 11:23:48 AM
Nope its not actually a failure but rather it depends on the person who's using it since if they have a attitude where this people became so greedy when getting good profits on one of their gambling activities done then provably this will really result to a failure since greedy individuals are usually goes broke because they don't have something to follow and they lack of discipline so result is really bad for them.
Martingale is a good strategy but it is also a bad strategy. It is good because it can increase the chance of a gambler to later win huge amount of money if he still have bank roll that is enough to win huge, but ones you lose like 5 times continuously, it would be a big loss. The best is to not gamble for money because martingale strategy is likely to fail and it would be a big loss for the gambler in a way he may not be able to recover the losses ever again. I prefer to gamble with just little amount of money and not go for strategies that I know will bring me problem of money loss.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Lida93 on May 15, 2024, 11:58:07 AM
I am someone that's very frugal  with exhausting money at a go, and I can say it vividly, martingale strategy in gambling is not for the low budget gamblers and maybe when we all know this we will know peace and stick to the lane that will be favourable with our budget while we tend to be consistent with it.

The few weeks I incorporated the martingale strategy for the first time into my gambling just to test how profitable it could be, I lost more than I could imagine and I concluded that it's not a strategy for a low budget gambler like me. It's a strategy that if you are not cautious with it can drive you into loss chasing without you knowing because, It's a strategy that demands you still  be consistent even under a streaks of losses...  how possible is that?



Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Julien_Olynpic on May 15, 2024, 12:22:22 PM
Martingale is interesting because there are very long sequences of winning or losing, in which you can either win a large amount or lose a large amount. This is always a fun statistical and math experiment. It sometimes happened to me that there were sequences of several dozen losses in a row and several dozen wins. But, naturally, this was for small amounts, because Martingale is generally unsafe. But in general, I would like to know what attracts people to Martingale? Why do such fairly simple actions bring so much emotion to people?


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: rdluffy on May 15, 2024, 12:41:37 PM
I think every gambler has tried the Martingale method once, and in theory it's perfect  :D

I remember a few years ago I tested it with dice, and as I used cryptos, I had enough decimal places so I didn't need to have such a high value, but it was a considerable amount
At first it worked well, but I had a losing streak, I think it was 12 or 16 I don't remember exactly, and I lost my entire bankroll hahaha
It seems impossible to lose 12 or 16 bets in a row, but it's not


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: GideonGono on May 15, 2024, 01:00:00 PM
I think every gambler has tried the Martingale method once, and in theory it's perfect  :D

I remember a few years ago I tested it with dice, and as I used cryptos, I had enough decimal places so I didn't need to have such a high value, but it was a considerable amount
At first it worked well, but I had a losing streak, I think it was 12 or 16 I don't remember exactly, and I lost my entire bankroll hahaha
It seems impossible to lose 12 or 16 bets in a row, but it's not
I learned martingale strats on youtube thought that it was a great strat to earn money.
I think all of us knew the result that I got, I left it running and continue my day since that is what I saw on youtube.
When I come back I laugh and learned not to trust all video online.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: danherbias07 on May 15, 2024, 01:30:29 PM
That's why this is a strategy for those with deep pockets. It will never work for an average Joe with an average money. ;D I am not saying you are but many are.
There will be a part where it gets scary like what happened to you. We will be scared to lose more money in the process because it will grow to an amount that we cannot afford to lose anymore. I bet even those with deep pockets will be reluctant to continue on if they see the amount they will lose if ever it goes south.
I have done this strategy only once in my life and it's through the game Crash in Stake.com originals. I was so scared that it might not hit x2 so I cashed out at x1.30 only which means I have not gained back what I lost completely, just a part of it. And that is where it becomes a problem for those who are using that strategy.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Peanutswar on May 15, 2024, 01:43:28 PM
This strategy is double the wage to gain back the losses and double the losses once you fail to win the game, I do strategy of martingale is once I won after lose streak I make another bet from the start like if I wage and lose I use this strategy and then once I earned back my loses and take at least small amount of profit ill go back to the original strategy, well sometimes its quite effective in my part but sometimes of course not, so I keep changing games than taking this strategy.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Porfirii on May 15, 2024, 01:49:00 PM
Thank you Oshosondy for sharing your experience. As for me, the first time I went to a online casino, I mate played roulette, and because I had heard so much about the Martingale strategy, I decided to test it. I lost 11 times in a row. I came to the conclusion that this strategy is good for quick in and out betting but long term the odds remain the same. It’s still the best overall approach. Just realize that when you start with $2, you lose in a succession. All those bets are simply to win back your initial $2 which I consider a slow growth.

Eleven times in a row seems almost impossible, but I lost once ten times in a row too. It that's hard to bear in general, so imagine if you followed the martingale strategy...

If you are lucky you can beat the house in a few games, but the longer you play the bigger the chances to lose. The problem is that if you go all-in you don't enjoy the game, and there is no second chance if you lose, but if you play infinite times big numbers theory states that you will end up losing for sure. So the clue is in the balance, and martingale doesn't work because it is not balanced: it tempts fate too many times.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Blitzboy on May 15, 2024, 01:51:12 PM
You did well. Martingale roulette wins are exciting, right? However, every streak (winning or losing) ends. Gamblers who enjoy themselves are the finest. Gambling's fun, people! You must be smart about it, like everything else in life. wager within your means, know when you're up, and never wager more than you can afford to lose.

Your experience is a great self-control lesson. Self-control is crucial to winning at the casino, in business, and in politics. I know my stuff. Next time, plan beforehand. Determine how much you're willing to win and, more crucially, lose. You can keep the pleasure going without breaking the pocketbook. I promise thats the finest strategy to defeat the house, and winners do it!


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Zigabel on May 15, 2024, 02:15:50 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.
The fact thst you knew when to stop and probably exit the casino was across a very good one because some persons actually don't get to know when to stop playing rather they just keep playing because they were able to get few wins at the first trial, they will just tend to continue and not know when to stop tull they end up loosing all of their funds to the casino and that becomes a problem to them because they no longer have the capacity to continue a d in some cases have nothing to fall back a lt again after probably loosing almost all they have got to the casino as at that time. After exiting for thst day, you can try another day and very likely you could get lucky and be able to win .

Gambling isn't something thst should be done to make money buy for fun just you did mentioned you don and rhst way it helps you gamble even ber and in some cases increasing your chances of winning because you place informed bets.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: coin-investor on May 15, 2024, 02:16:34 PM
I can agree with your assessment the longer you play using Martingale, the more likely you are to lose money Martingale sounds good but when implemented, you will see how bad it is, and yet we are attracted to it because it is backed by logic, I can't remember how many times I used it and I even employ from time to time out of curiosity or I just want to play just for the sake of playing.

Martingale is so popular among newbies because newbies, when they start to play will search for a method to play or they will discover all by themselves the theory of doubling until you recover your losses, Even when these newbies discover or read articles about martingale they will still ignore the warning because they are attracted on the idea more than the established results.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Bravut on May 15, 2024, 02:24:20 PM
Martingale can be practice consistently for those with enough liquid funds assign for gambling, but for some looking to win at least have a small profit before closing for the day. I strongly suggest after you have recovered your loss or have any winning, return to the normal strategy than allowing the quest for more take you down.

Another thing is that OP was, expecting more after all the recovery he was still firing though he has learnt.
 One of my rules is after recovery quit.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: piebeyb on May 15, 2024, 03:12:52 PM
This strategy doesn't really suit me since I got to know gambling until now it has never been profitable in fact I'm sure almost all beginners use this strategy to gamble because there are several automatic features in casinos that provide buttons with this martingale strategy, that's why people always try it in the end. lost and ran out of a lot of money, I even tried changing it in such a way as to regulate the number of rounds and increase the bet when I lost, but it didn't last long, in the end I lost again, so don't ever try this unless it's just for fun.

But when you try it in a demo game with fake money, the game using this strategy looks easy and you can win easily, maybe that's what is called marketing from the casino so that we can enter using real money and gamble using their automatic spin feature and use this martingale strategy then end up losing the money even until it runs out, even though there are limits to stopping the game when limiting the number of wins and losses, but I'm sure it won't be used by gamblers because they want to try to win big from the results of this strategy even though this isn't really true. profitable even if the gambler has enough money. My advice is don't try it


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Crypt0Gore on May 15, 2024, 03:18:29 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selections, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

There is always another day, I like how you use a small amount of money to give this a try, this is what I expect from a fellow responsible gambler, now that the money is gone it feels like a small loss in exchange for some time well spent.

If you risked more you would have a different feeling right now, the smaller the money the better the feeling, either loss or win, also I would have taken my profit, this I know have saved me countless times when gambling.

The end result of continued gambling is losses after losses, when win comes it is time to take a leave, this was how I lost 0.5BTC that I won on freebitco some years ago, since I hit this amount after a few tries I thought it would keep happening until I lost everything.

You are to stop when the amount is over your bankroll, being greedy is what the casino hoped for, I never forget this.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Frankolala on May 15, 2024, 03:18:39 PM
I don't like the Martingale strategy because it will make you run at loss faster since you keep on increasing your bet in every new bet that is made. It is not advisable for gamblers to use it because gamble is a luck base game and not by any strategy that we use in order to make profit.

NO matter what strategy a gambler comes up wit, you might be lucky at the beginning of using it, but later on, you will run at loss. That time that you were winning is not because of the strategy that you were using but it just happened that your luck was on the game, and that was why you won the bets. Luck will never last, as it only comes withing a short time, and that is why we should only gamble for fun and use little funds for it to avoid great loss.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Jawhead999 on May 15, 2024, 03:21:47 PM
Martingale strategy is easy to apply, you just need to double your money whenever you lose. Since the strategy is easy and if it's really work, why we haven't see most gamblers become rich? :D

Most of gamblers are either same or become poor, only few gamblers win from gambling.

Don't get scammed by other people that say martingale strategy will able to beat the house edge, they didn't even use martingale strategy lol.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Aanuoluwatofunmi on May 15, 2024, 03:29:34 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

If everyone of us are to start with the way of our gambling experience with the particular gambling strategies used, we must all have somethings to say and to warn about when it comes to choosing a particular gambling strategy of our choice, i also agrees that the kind of gambling strategy used by us on any game we are playing will also determine to an extent on the out come for that bet, in which we are expected to adopt with the use of the best strategy we think could service us a particular gambling purpose base of the kind of game involved. 


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Gozie51 on May 15, 2024, 03:52:49 PM
Thank you Oshosondy for sharing your experience. As for me, the first time I went to a online casino, I mate played roulette, and because I had heard so much about the Martingale strategy, I decided to test it. I lost 11 times in a row. I came to the conclusion that this strategy is good for quick in and out betting but long term the odds remain the same. It’s still the best overall approach. Just realize that when you start with $2, you lose in a succession. All those bets are simply to win back your initial $2 which I consider a slow growth.


This strategy is not said to be good for quick in and out betting. It can favour you in any aspect that you gamble and you can also lose from it. If you hold long position in martingale and it is right position for you, what will happen will still happen despite being in such position likewise short or quick in and out gambling. It is the decision taken on your game that matters not because you used martingale. Martingale is very enjoyable when you are in profit because the profit margin grow fast and that is also how the losses appear in your balance. To use martingale is when you have enough bankroll. However, some gamblers try to use martingale because they are chasing for the losses and they want to risk grabbing all.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: SamReomo on May 15, 2024, 07:10:35 PM
Martingale strategy is the worst strategy that anyone applies in online gambling. I have lost a lot of money by using that strategy and I never recommend anyone to use that strategy when they are playing casino games.

The Martingale strategy somehow works well in sports betting but it fails you there as well. Even in trading that strategy doesn't work properly. That's why I believe one should try to avoid that strategy at any cost if they don't want to empty their accounts.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: acroman08 on May 15, 2024, 08:16:07 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.
Martingale is a failure if you have limited funds and the casino you are gambling at has a maximum bet amount per "roll".

if you have very limited and somewhat a small fund and want to use Martingale (for some reason) lower the amount of your bet per "roll", that way you don't quickly lose all your funds and can gamble longer using Martingale. you can also use altcoins to bet if you want to make the amount of your bet a lot lower.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Mahanton on May 15, 2024, 08:24:44 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.
The only issue or thing or problem with martingale is on the time that you would be able to experience those consecutive loses on which we know that this is something to be unknown on how long those
losing streaks would hit you considering playing up on roulettes doesnt mean that you cant be able to hit up 5-10x loses. Martingale is good but not something that you could rely on, we do know that when it comes to strategies that giving out that advantage against the casino doesn't really exist. You might be able to win up some money in first few tries but dont make yourself that getting confident that it would really be
working like a charm. Doubling your bet on the moment you do lose a bet? It doesnt matter on how small or big your capital or bankroll would be, on the time that that you would be suffering loses
then you cant be able to sustain or you would really be blowing up your entire balance in short time period.

Well, if you would really be that lucky then you could make money with martingale. The only issue on here, is that it would really be just that depending on how mindful you are
on securing profits when you are in green which its unlikely for someone to do it along the way.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: famososMuertos on May 15, 2024, 09:09:28 PM
The goal is that you try Martingale to wager or want to double a certain amount (bet), but regardless of that, its use is defined by the size of the bet versus your bankroll, ithe other criteria have been explained ad nauseam are speculation.

 Martingale is a mathematical function, that's simply.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Fortify on May 15, 2024, 09:23:26 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

This "strategy" has always been a joke and is just something that losers cling to in order to pretend their is some logic to their madness. A strategy where you keep doubling up simply stops working whenever you inevitably run out of money and you will always run out of money much sooner than the casino does. They say that repeating the same thing over and over again while expecting different results is the definition of insanity, then this is an extension of that. You probably have better odds of winning the lottery than making any sort of sizable return by using this technique, you are much more likely to end up emptying your wallet and even borrowing more money to waste away if you try to use it.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Sunderland on May 15, 2024, 09:27:41 PM
Thank you Oshosondy for sharing your experience. As for me, the first time I went to a online casino, I mate played roulette, and because I had heard so much about the Martingale strategy, I decided to test it. I lost 11 times in a row. I came to the conclusion that this strategy is good for quick in and out betting but long term the odds remain the same. It’s still the best overall approach. Just realize that when you start with $2, you lose in a succession. All those bets are simply to win back your initial $2 which I consider a slow growth.

Eleven times in a row seems almost impossible, but I lost once ten times in a row too. It that's hard to bear in general, so imagine if you followed the martingale strategy...

If you are lucky you can beat the house in a few games, but the longer you play the bigger the chances to lose. The problem is that if you go all-in you don't enjoy the game, and there is no second chance if you lose, but if you play infinite times big numbers theory states that you will end up losing for sure. So the clue is in the balance, and martingale doesn't work because it is not balanced: it tempts fate too many times.
It is very possible, if we are unlucky - we could even lose more than 20 times in a row with martingale system.
Dont forget that the previous results will not influence the future outcome, e.g:
(Roulette) Red has won 9 times and for the next round the chances of Red and Black are still the same 50-50.

To use the Martingale system, it is highly recommended to have a fairly decent balance, because using Martingale with a small balance will only speed up our losses.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: blockman on May 15, 2024, 09:39:00 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.
As long as you have enjoyed the game, that's all that matters if you have anticipated that using martingale will get you nowhere but to lose it. If you are going to gamble more with roulette and with that strategy, you know what's going to be the outcome of it and that's for sure going to be another series of losses on your end. So, just think of it that you've done well and you enjoyed the small bankroll that you have started with and that's all that matters then.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: AmoreJaz on May 15, 2024, 09:41:45 PM
This "strategy" has always been a joke and is just something that losers cling to in order to pretend their is some logic to their madness. A strategy where you keep doubling up simply stops working whenever you inevitably run out of money and you will always run out of money much sooner than the casino does. They say that repeating the same thing over and over again while expecting different results is the definition of insanity, then this is an extension of that. You probably have better odds of winning the lottery than making any sort of sizable return by using this technique, you are much more likely to end up emptying your wallet and even borrowing more money to waste away if you try to use it.

Martingale strategy is an old strategy used in gambling games. If you used this strategy before, you will understand that in your session, it may or may not work. Also, if you will not exit when you already won something, small or big, later on, you will also lose whatever winnings you have or your losses will catch up your winnings. So this strategy may work for some time but don't expect that it will work for you every time you think you will win the next big multiplier you will place. This is why, no one guarantees any known gambling strategy not even martingale to be a sure strategy to acquire your winnings from your bets.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: uneng on May 15, 2024, 09:46:58 PM
This "strategy" has always been a joke and is just something that losers cling to in order to pretend their is some logic to their madness. A strategy where you keep doubling up simply stops working whenever you inevitably run out of money and you will always run out of money much sooner than the casino does. They say that repeating the same thing over and over again while expecting different results is the definition of insanity, then this is an extension of that. You probably have better odds of winning the lottery than making any sort of sizable return by using this technique, you are much more likely to end up emptying your wallet and even borrowing more money to waste away if you try to use it.
You can also run Martingale strategy with some modifications, like instead of doubling the bet size on each loss, you increase it a little less, or doesn't increase it at all on every consecutive losses. You can mix Martingale with random bets and see what happens... There are so many possibilities, although I fear it's inevitable you keep increasing your bets on losses within time, otherwise you won't make any profit in gambling, anyway, neither on short run, neither on long run. Many veteran gamblers don't like Martingale, but I ask how can they play without using this strategy somehow?

I think it's not possible. It's bad to gamble with Martingale, but worst without it, I suppose. So you have to choose the lesser evil in this case when choosing what strategy to apply to your gambling session.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: o48o on May 15, 2024, 10:33:42 PM
By theory, martingale strategy will work if you have a lot of money, while in this case you didn't have a lot and you try to use martingale strategy, it's why your money can run out fast. I'm not saying that martingale strategy is a legit strategy to win in gambling, but you didn't meet the requirement to use martingale strategy, so we don't know how it will goes when you have a lot money.
Nope, it doesn't. You are just risking more money that way. It doesn't work even in theory like some people suggested. It's mathematically flawed. Martingale would only work if you had INFINITE amount of money, and not only would you need to gamble then, it's just scientifically impossible concept to have infinite amount of money.

And i see this argument all the time that it works for a while and then it doesn't, so you need to stop in time. That's not true either. Sure, if you choose low odds, you have higher change to win, but because it's low odds, you are just risking more money for less profits. All kinds of variations of martingale are mathematically proven not to work. It's not something we could argue about.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: lienfaye on May 15, 2024, 10:44:07 PM
This strategy is double the wage to gain back the losses and double the losses once you fail to win the game, I do strategy of martingale is once I won after lose streak I make another bet from the start like if I wage and lose I use this strategy and then once I earned back my loses and take at least small amount of profit ill go back to the original strategy, well sometimes its quite effective in my part but sometimes of course not, so I keep changing games than taking this strategy.
In my case, I only use martingale when already desperate to gain back fast what I already lost. It would be good if the outcome is what you expected it to be however we know the chances are 50-50 (i'm playing baccarat btw). If you use this strategy, might as well be prepared to lose and refrain from having a high expectation. This is from my experience before since I rarely gamble nowadays due to loads of work. Often, i'm just playing once a week depending if I have a capital.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: alegotardo on May 15, 2024, 10:49:26 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

Martingale is a very interesting strategy, but it only works if you combine it with very strict risk management.

Imagine that you have a bankroll of $50, if you start by betting $15 the first time, on the second try you will have already bet more than half of your budget. I say from experience that you need to have a budget to sustain losses of at least 10 consecutive bets.

It is necessary to recognize that the Martingale strategy is not miraculous, it does not last forever and it is often better to leave the game and make the profit while it still exists.

Another way to minimize Martingale risks is to set a maximum multiplication value and whenever you reach it, save half the value or return to the initial bet. Make sure you don't risk the money you earn.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: dansus021 on May 16, 2024, 12:53:38 AM
Back then I Played a crash and used this Martingale strategy I just barely knew the strategy hahaha what I know Is just put more bets when I lose and it only happened in Crash and here is my bet history at the end of the image I try to go all in and lose it all hahhaha.
and for today I just knew that you can use try this strategy on futures trading or other derivative trading

https://www.talkimg.com/images/2024/05/16/1NHqC.png (https://www.talkimg.com/image/1NHqC)


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: topbitcoin on May 16, 2024, 01:12:21 AM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

I just hope that your next experience is more enjoyable and controlled. Keep playing wisely and enjoy the game!

I understand how exciting the game of roulette can be, it's simplicity and tranquility. The Martingale strategy is widely used due to its straightforward principle: double the bet after each loss with hopes of recovering previous losses and coming out on top with a small profit. But as you've come to realize, it can also spell high risk.

Losing all your money after five consecutive wins without winning can indeed be disheartening, especially after a few initial victories. This starkly underscores the monumental risks tied to the Martingale strategy, the obligation to double down every time you lose ensures a swift path towards substantial losses.

I get that even though you lose, you like the game. Roulette can be very entertaining and has its own share of thrill. However, remember to always play smart and set limits for yourself when playing.



Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Julien_Olynpic on May 16, 2024, 02:44:50 AM
This strategy is double the wage to gain back the losses and double the losses once you fail to win the game, I do strategy of martingale is once I won after lose streak I make another bet from the start like if I wage and lose I use this strategy and then once I earned back my loses and take at least small amount of profit ill go back to the original strategy, well sometimes its quite effective in my part but sometimes of course not, so I keep changing games than taking this strategy.
In my case, I only use martingale when already desperate to gain back fast what I already lost. It would be good if the outcome is what you expected it to be however we know the chances are 50-50 (i'm playing baccarat btw). If you use this strategy, might as well be prepared to lose and refrain from having a high expectation. This is from my experience before since I rarely gamble nowadays due to loads of work. Often, i'm just playing once a week depending if I have a capital.
I would say that all people use the Martingale strategy mostly out of desperation. The Martingale strategy is based on the desire to win back. However, such a desire very rarely leads to the required results. More precisely, this can sometimes lead to positive results, but it would be better if this did not happen. A person who won thanks to the Martingale strategy won by chance, but it begins to seem to him that this is not so, that there is a pattern in his winnings that can be repeated. In the end, that's what he tries to do. As a result, he faces inevitable collapse.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: redsun114 on May 16, 2024, 04:28:22 AM
In my case, I only use martingale when already desperate to gain back fast what I already lost. It would be good if the outcome is what you expected it to be however we know the chances are 50-50 (i'm playing baccarat btw). If you use this strategy, might as well be prepared to lose and refrain from having a high expectation. This is from my experience before since I rarely gamble nowadays due to loads of work. Often, i'm just playing once a week depending if I have a capital.
I would say that all people use the Martingale strategy mostly out of desperation. The Martingale strategy is based on the desire to win back. However, such a desire very rarely leads to the required results. More precisely, this can sometimes lead to positive results, but it would be better if this did not happen. A person who won thanks to the Martingale strategy won by chance, but it begins to seem to him that this is not so, that there is a pattern in his winnings that can be repeated. In the end, that's what he tries to do. As a result, he faces inevitable collapse.
Maybe it is valid if the set up is high but it can still take more than 1 bets. If a gambler is truly desperate, they will do a max bet / YOLO / all-in, instead. There are gambling strategies who made for us to wager high even by using a small capital/bet but whatever gambling strategy was it, there is only one thing in our head and that is to win.

For those who play for fun, I think they don't need a strategy anymore. With or without a strategy but once a greedy person tastes a profit, they will surely come back. There are still people that even if they don't win at their first try, they still come back because they are only after the entertainment factor of it.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: kotajikikox on May 16, 2024, 05:37:28 AM
I am absolutely supporting this because most comments says Martingale will only succeed if you have large capital to sustain the continuity of your bet but for me ? this will be effective once you understand how and when to stand up  the table because in gambling the longer you stay is the bigger chances of losing and this is based on my own experience over the years.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: michellee on May 16, 2024, 10:10:38 AM
Playing roulette is interesting and addictive, especially if we never win. But we have to remember that no matter how much money we use to play roulette, it will be difficult for us to win if we don't have luck. We just hand over our money to the dealer and cannot win the game easily.

But if you can enjoy the game, even if you lose, it's still fun. Unfortunately, many people become eager to try to win and they will use more of their money. It's hard for them to win if they've lost their minds.

The important thing is that you know how much money you can afford to lose. By having that thought, you will take care of yourself and try to reduce the number of large losses. You are just trying to get pleasure from the gambling game you play. After that, you can stop immediately without any problems.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Porfirii on May 16, 2024, 01:12:05 PM
-snip-
Dont forget that the previous results will not influence the future outcome, e.g:
(Roulette) Red has won 9 times and for the next round the chances of Red and Black are still the same 50-50.
-snip-

I have found this really difficult to explain to some friends in real life in the past. And they weren't illiterate, one of them even had a degree in chemistry, so he didn't only know about about probabilities and statistics, but also high level calculus.

It seems that it is counter-intuitive, but it is really that easy: every time you gamble, the chances reset after every result.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Japinat on May 16, 2024, 01:45:25 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.
The same strategy but may have a different experience, however, if we look at the chances, all of us will still lose in the long run. We are lucky now, but overall we will lose because there's no way to beat the house edge regardless of what strategy we are using. In fact, base on my experience, "martingale strategy" only makes me an irresponsible gambler because I don't accept losses and I want to chase until I'll be in the profitable side.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Oshosondy on May 16, 2024, 02:51:36 PM
Martingale is so popular among newbies because newbies, when they start to play will search for a method to play or they will discover all by themselves the theory of doubling until you recover your losses, Even when these newbies discover or read articles about martingale they will still ignore the warning because they are attracted on the idea more than the established results.
I did not know about martingale strategy before until I came to this forum. I saw some people that suggested it on this forum but I have not really been using it until yesterday because I am not a person that is using gambling to look for money. I just prefer to visit casinos not quite often at all and I play roulette with just little amount of money. I just decided to try roulette yesterday to see if what people have said about it is true or not but I saw that the strategy can increase the chance for someone to win but also it can increase the chance for someone to lose.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Dr.Bitcoin_Strange on May 16, 2024, 11:03:03 PM
I must say that you had fun, bro. As you already thought to have doubled your winnings to $25 if the 5 loss you had was successful, even if you won that $25, I feel you would still have had the urge to keep gambling, and you may still end up losing all your money. The first day I played a slot game, I won, but due to how persistent I was, I thought I could win more with whatever strategy was running through my head, but at the end, I lost everything. It happened the day I played Crash. This is the reason why if someone says they are addicted to gambling, I just get this word, "Yeah, it is what it is,"  running through my head. 


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Casdinyard on May 16, 2024, 11:16:45 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.
If Martingale Strat fails on you, that means you're not up for it. The idea behind that strat is to accumulate as much losses as possible in the hopes that in your next roll, you win it all with some more, and then from there reset, which will at the end of the day earn you more money in the long run. If it fails on you that means you're literally not financially sufficient enough to support the strat and keep up with the process, cause it requires you to always have a stake no matter how big the losses you incurred are.

So yeah, it's not for everyone, and it's exceptionally not for people who aren't able to go on a high roll cause this will always require you to go on a high roll. Try and seek out a different win strat that wouldn't require you doubling your bets after losing.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Oshosondy on May 18, 2024, 10:44:42 AM
If it fails on you that means you're literally not financially sufficient enough to support the strat and keep up with the process, cause it requires you to always have a stake no matter how big the losses you incurred are.
I went 5 rounds consecutively and I lost all the money. Did you understand by what I said 5 times consecutively? I meant that I played the game for 5 different times in a roll and I lost the 5 whole times. What if I have gone 6 or 7 times and I continue to lose. If I can lost 5 times consecutively, that means it is possible I can lose more if I continue. It is not about how much money that you have, it is about using just little amount of money to gamble because the house still has upper hand to win your money than for you to win them.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: qwertyup23 on May 18, 2024, 11:01:48 AM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

The problem with the Martingale strategy is that you really have to prepare a huge capital if you were to implement this technique.

The Martingale strategy requires a person to double their next bet on the value of their initial bet. For example, if a person bets $2 and lost, the next bet should be $4... and so on. Sure, there is that possibility of doubling your money or even recovering all your previous losses from a single bet but this quickly compounds into a huge amount especially if you are on a losing streak.

Take advantage of every winnings that you have when you use this kind of strategy. As soon as you recovered your losses and started winning, plan ahead on the value that you would exit for maximum profitability.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: swogerino on May 18, 2024, 11:04:43 AM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

Well,5 times consecutive lost is nothing nowadays,the games are software controlled and they can even make you lose like 100 out of 100 plays,in real life if you toss the dice 100 times to red at least 1 time will come red if not much more or in the black,during roulette playing that is why they have put limits to martingale strategy as if you have unlimited budget you can increase it by playing all day and doubling your amount,so to make a long story short martingale works only in theory,in practice gambling houses and casinos have put limits in place to make it not work,so in other words martingale as a strategy only works in an ideal world,which unfortunately does not exist for any of us.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: _act_ on May 18, 2024, 11:20:22 AM
Well,5 times consecutive lost is nothing nowadays,the games are software controlled and they can even make you lose like 100 out of 100 plays,in real life if you toss the dice 100 times to red at least 1 time will come red if not much more or in the black,during roulette playing that is why they have put limits to martingale strategy as if you have unlimited budget you can increase it by playing all day and doubling your amount,so to make a long story short martingale works only in theory,in practice gambling houses and casinos have put limits in place to make it not work,so in other words martingale as a strategy only works in an ideal world,which unfortunately does not exist for any of us.
Not even only martingale strategy. I have tried many other strategies and all have the same end result which is failure. What I noticed about the strategies including martingale strategy was that if you try them for short period of time, you can win little amount of money, but after you continue to use it, you will notice that you lost all the money and losses become high. I have looked for many strategies in the past but all failed and I relent because I finally knew that gambling should be for entertaining yourself because it is like the gambling sites are rendering you services to only take your money.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Japinat on May 18, 2024, 11:43:17 AM
Well,5 times consecutive lost is nothing nowadays,the games are software controlled and they can even make you lose like 100 out of 100 plays,in real life if you toss the dice 100 times to red at least 1 time will come red if not much more or in the black,during roulette playing that is why they have put limits to martingale strategy as if you have unlimited budget you can increase it by playing all day and doubling your amount,so to make a long story short martingale works only in theory,in practice gambling houses and casinos have put limits in place to make it not work,so in other words martingale as a strategy only works in an ideal world,which unfortunately does not exist for any of us.
Not even only martingale strategy. I have tried many other strategies and all have the same end result which is failure. What I noticed about the strategies including martingale strategy was that if you try them for short period of time, you can win little amount of money, but after you continue to use it, you will notice that you lost all the money and losses become high. I have looked for many strategies in the past but all failed and I relent because I finally knew that gambling should be for entertaining yourself because it is like the gambling sites are rendering you services to only take your money.
I think you should start with analyzing the game you are playing, if there is a house edge, then for sure no bankroll management or betting strategy that will work in your favor in the long run. You gotta be smart to determine that you are just wasting your time if you intend to succeed in a game that has a house edge. you are right that you can only be profitable in short term but in the long run, everyone losses. 

So the point here is, choose a game that does not have a house edge if you want to succeed, or if you just want to have fun and would complely rely on your luck, then you can choose to play in a game with house edge.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Wexnident on May 18, 2024, 12:09:22 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.
Well martingale only ever works if you have an infinite amount of money for your bankroll. That's just how martingale naturally rolls. It's a strategy simply because in theory, you're able to recoup your losses as long as you can afford it. And if you can, the few instances you win instantly translate into profit. Outside of that, it's anything other than consistent lol. That's why if I ever do try to martingale due to laziness, I'd always go microscopic in terms of amount. Say I have $100 total to bet, I'd probably bet with 1$ increments only or so, lower even if possible.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Rabata on May 18, 2024, 12:17:57 PM
According to calculations, Martingale method can be profitable but must be played according to that style. Many people worry about their bankroll after placing a few bets on the Martingale method. Moreover, this method can be more risky for those with smaller bankrolls. If they lose several bets in a row, they lose the ability to place the next bet. If there is enough money then I support this degree but it is not very suitable for those who do not have financial support. Whatever strategy we use there is no way to ignore luck in gambling.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: stompix on May 18, 2024, 12:35:31 PM
Eleven times in a row seems almost impossible, but I lost once ten times in a row too. It that's hard to bear in general, so imagine if you followed the martingale strategy...

The record is 39 times for European roulette.
Just a heads up, if you start with 1$ by the time it hit that you would have had to put 2 billion! on the table to win 1!
But never mind that, most casinos have limits on how much you can bet because they are not stupid, so it's usually in the 1k to 10k, meaning you reached that limit even if you win you still lose overall.

Martingale is a strategy I'm sure casinos advertise themselves because it's mathematically impossible to win in the long run!

If Martingale Strat fails on you, that means you're not up for it.

Martingale is a losing strategy!
No matter how much money you have you will end up losing it, you can't defy or outsmart math!


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: darkangel11 on May 18, 2024, 12:36:36 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

Well,5 times consecutive lost is nothing nowadays,the games are software controlled and they can even make you lose like 100 out of 100 plays,in real life if you toss the dice 100 times to red at least 1 time will come red if not much more or in the black,during roulette playing that is why they have put limits to martingale strategy as if you have unlimited budget you can increase it by playing all day and doubling your amount,so to make a long story short martingale works only in theory,in practice gambling houses and casinos have put limits in place to make it not work,so in other words martingale as a strategy only works in an ideal world,which unfortunately does not exist for any of us.

I also have the feeling they have a script that looks for people who try to martingale and counter that somehow because many people, me included (back in the day) have tried that and had similar results. I wanted to check it purely for entertainment and chose a very very small starting bet with auto betting on, so it automatically doubled my bet with each loss and I had enough money for at least 16 consecutive losses and eventually got liquidated. It took maybe an hour or two, I don't remember, but eventually it came down to 17 losses in a row and I've seen people with even more than that. It's really hard to get even 5 in a row when you don't martingale, but try this strat and casinos will single you out and bankrupt you.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Eternad on May 18, 2024, 12:41:12 PM
Eleven times in a row seems almost impossible, but I lost once ten times in a row too. It that's hard to bear in general, so imagine if you followed the martingale strategy...

The record is 39 times for European roulette.
Just a heads up, if you start with 1$ by the time it hit that you would have had to put 2 billion! on the table to win 1!
But never mind that, most casinos have limits on how much you can bet because they are not stupid, so it's usually in the 1k to 10k, meaning you reached that limit even if you win you still lose overall.

Martingale is a strategy I'm sure casinos advertise themselves because it's mathematically impossible to win in the long run!


On point. Casino set the max bet so that whale players can’t manage to recover quickly using their huge size bankroll but rather force them to engage on long term gambling to slowly recover their huge losses which in theory they will just keep losing due to house edge.

Max bet and Max win is the way for the casino protect their business against high roller players that has a huge size bankroll.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: btc_angela on May 18, 2024, 12:44:02 PM
According to calculations, Martingale method can be profitable but must be played according to that style. Many people worry about their bankroll after placing a few bets on the Martingale method. Moreover, this method can be more risky for those with smaller bankrolls. If they lose several bets in a row, they lose the ability to place the next bet. If there is enough money then I support this degree but it is not very suitable for those who do not have financial support. Whatever strategy we use there is no way to ignore luck in gambling.

Profitable in a martingale system = luck as well. Of course, if you are going to used this strategy, you might as well be looking at your bankroll, and the bigger the better. But in the end, if you are unlucky then regardless how much big your bankroll is, you will end up losing everything if you suffered consecutive losing streak.

That's why even if this is a famous strategy it doesn't mean that you will have a guaranteed winning with it. This is just for you to at least get break even if you losses like x times and then win just one game. But still really depends on how big your bankroll on how you much is your starting bet.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: piebeyb on May 18, 2024, 12:58:57 PM
That's why even if this is a famous strategy it doesn't mean that you will have a guaranteed winning with it. This is just for you to at least get break even if you losses like x times and then win just one game. But still really depends on how big your bankroll on how you much is your starting bet.
Those who use this strategy will only lose when they experience a 20x series of losses and that will drain more money, I have experienced that so my money immediately runs out, I have never seen more than a 20x series of losses as if the casino wanted my money and beat me with a crushing defeat, that's why since then I have never used a strategy like this it will only make me bankrupt, maybe using it just to make a little more money is not a problem because if you are greedy don't expect to win and beat them.

I am a gambler who never believes in a system that is provably fair even though it can be checked by the server seed, but somehow I think it is still not something that proves that I can beat the dealer, I am aware that the casino and the dealer will always win so from then on I prefer allocate almost 90% in sports betting and the remaining 10% of my budget for casino games and have fun because I know I won't win it even if I win I will consider it a bonus not an achievement that I should chase except in sports betting, but it's true that anyone should never try This strategy even though you have more capital, the dealer will always win.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: bettercrypto on May 18, 2024, 01:13:17 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

I've also experienced that martingale method, where you are happy at first when you win, but when you lose one after another, it's the kind of thing where you can throw stones at things you suddenly grab.

Then the worst thing I experienced was 15x, and every time I lost, I did it if the amount was x3. Of course, when it's x15, that's a big amount, but your starting size is not like that; of course mine is only a small amount.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Maslate on May 18, 2024, 01:20:24 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

I've also experienced that martingale method, where you are happy at first when you win, but when you lose one after another, it's the kind of thing where you can throw stones at things you suddenly grab.
it's mostly the emotion that we failed to carry. losing streak is bad, more so that you are using a martingale strategy, it doesn't make sense at all because you'll feel the high pressure in betting the higher your losing streak are. That's why I recomment flat betting, just choose the right pick and win most of them, at least that way you can enjoy a profit and you'll not build an attitude of beting greedy.

Then the worst thing I experienced was 15x, and every time I lost, I did it if the amount was x3. Of course, when it's x15, that's a big amount, but your starting size is not like that; of course mine is only a small amount.


15? That's too unlucky of you. I'm wondering what was your starting bet?

just imagine this 10 losing streak with $10 starting bet.
https://www.gamingtoday.com/tools/martingale/
Quote
$10 ($0)
$20 ($10)
$40 ($30)
$80 ($70)
$160 ($150)
$320 ($310)
$640 ($630)
$1280 ($1,270)
$2,560 ($2,550)
$5,120 ($5,110)

you need to wager $5k just to win $10? How would you feel if you are in that situation?


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Hirose UK on May 19, 2024, 03:57:52 AM
According to calculations, Martingale method can be profitable but must be played according to that style. Many people worry about their bankroll after placing a few bets on the Martingale method. Moreover, this method can be more risky for those with smaller bankrolls. If they lose several bets in a row, they lose the ability to place the next bet. If there is enough money then I support this degree but it is not very suitable for those who do not have financial support. Whatever strategy we use there is no way to ignore luck in gambling.
Profitable in a martingale system = luck as well. Of course, if you are going to used this strategy, you might as well be looking at your bankroll, and the bigger the better. But in the end, if you are unlucky then regardless how much big your bankroll is, you will end up losing everything if you suffered consecutive losing streak.

That's why even if this is a famous strategy it doesn't mean that you will have a guaranteed winning with it. This is just for you to at least get break even if you losses like x times and then win just one game. But still really depends on how big your bankroll on how you much is your starting bet.
A gambler will always have confidence, those who believe they will win with certain strategy will really pursue it or try to win by using that strategy.
Like martingale, which is betting strategy to increase chances of winning with bigger returns, really have to prepare large amount of money for this strategy.
Regarding luck, no one can argue that without luck there is only defeat, but those who are truly gamblers at heart don't care about that because they believe that after losing streak there is also victory.

I personally believe that Martingale is much more confident that the more money use to continue betting, will definitely win.
For example, in the roulette game with red and black color options, when we bet money with the martingale strategy for one red color and actually win, it will definitely happen because it is impossible if it only falls on black.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: stompix on May 19, 2024, 12:07:23 PM
I personally believe that Martingale is much more confident that the more money use to continue betting, will definitely win.
For example, in the roulette game with red and black color options, when we bet money with the martingale strategy for one red color and actually win, it will definitely happen because it is impossible if it only falls on black.

So why aren't you right now in your 3000 room mansion in the Bahamas counting your 1 million BTC?
You've just managed to find out a strategy which is impossible to lose, why don't you apply it in real life? Oh wait!

On point. Casino set the max bet so that whale players can’t manage to recover quickly using their huge size bankroll but rather force them to engage on long term gambling to slowly recover their huge losses which in theory they will just keep losing due to house edge.
Max bet and Max win is the way for the casino protect their business against high roller players that has a huge size bankroll.

Seems like almost nobody here is aware of this, and the number of guys that still preach about Martingale being a good strategy if you have "enough" money makes me think that most of the people here don't even gamble and don't even have a clue about gambling, they post things they think are true or have heard/read before. If Martingale had been a winning strategy you would have thousands of rich gamblers and hundreds of bankrupt casinos, yet none of that is happening, because you can't defy math and probabilities, simple as that!




Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Taskford on May 19, 2024, 12:39:49 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

I've also experienced that martingale method, where you are happy at first when you win, but when you lose one after another, it's the kind of thing where you can throw stones at things you suddenly grab.

Then the worst thing I experienced was 15x, and every time I lost, I did it if the amount was x3. Of course, when it's x15, that's a big amount, but your starting size is not like that; of course mine is only a small amount.


Its important not to rely on this strategy since we know that any methods we use cannot give us any winning guarantee that's why sometimes its better to explore other things that what can make you feel enjoy your game. Since if you focus to use that strategy for thinking that you can earn a lot of money then for sure you will just get disappointed once bad luck hits and whatever you do a losing streak will occur.

I didn't experience to encounter 15x especially when I'm losing since if I experience maybe more than 5 bad streaks I immediately end my game since it didn't give me any comfortable feeling since I always think about that I could lose more if I continue since the bad luck sign is showing so its better to quit than feel sorry for the huge lose we encounter.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: panjul07 on May 19, 2024, 01:34:42 PM
No matter what kind of strategy you use in gambling especially in luck based game, not only martingale, it will be a failure if you are out of luck.
The more you play, the higher chance you will fail with the strategy although there is also a chance to win but losing chance is bigger.
The main problem is that there are still some gamblers (especially newbies) who are looking for winning strategy because they believe that there is a strategy to beat the house.



Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: piebeyb on May 19, 2024, 02:23:09 PM
No matter what kind of strategy you use in gambling especially in luck based game, not only martingale, it will be a failure if you are out of luck.
The more you play, the higher chance you will fail with the strategy although there is also a chance to win but losing chance is bigger.
The main problem is that there are still some gamblers (especially newbies) who are looking for winning strategy because they believe that there is a strategy to beat the house.


Yes it's true that every gambling game in a casino is based on luck so it won't be useful to look for any strategy in the end result you will still lose against the dealer, because the dealer always wins and the casino makes money because of the carelessness of its users, gambling is not only about strategy and luck but that It all depends on how the gambler can control himself when gambling, sometimes if a gambler controls himself properly he will know when to stop gambling when he wins.

That's why smart gamblers know when they have to stop playing and when they have to gamble, usually beginners who look for strategies and experience wins will never be satisfied because they can't control themselves well, so they become addicted to gambling and can't stop, eventually losing. to bankruptcy, luck and strategy are needed but it all also depends on how the gambler manages his emotions and controls himself when he wins or loses, knows what to do, we are also not hypocritical about this, sometimes when we win we don't try to stop gambling, instead we want to continue gamble and end up losing.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: YOSHIE on May 19, 2024, 02:35:51 PM
Martingale strategy is a failure if you are consistent with it
As far as I know, the Martingale Strategy, if you don't control and consider the calculations carefully, for example just one position, the risk could make you go bankrupt in the gambling arena, This generally occurs in the types of Roulette and Crash games where users often use a double bet mechanism, increasing the number of bets means we are increasing the risk that occurs.

Maybe if you want to try to overcome the risks of the Martingale Strategy, there are several strategies that you can maintain and implement.
For example:
1. For example, if you experience an initial win, try to maintain the lot/bet amount of your initial bet, don't be tempted to double the lot/bet, initial position.
2. And conversely, if you lose the bet, consider doubling your lot/bet in the next round.
3. Try repeating methods 1 and 2 several times in the position you believe will be the final round.

Remember, the Martingale Strategy is a risky gambling practice. If you are in doubt, never use a method like the Martingale Strategy. Remember, whatever the strategy in the gambling arena, the risk is still there. For me, betting a small amount will reduce the risk that will occur.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Yatsan on May 19, 2024, 04:30:27 PM
I never believed that this strategy would work to majority of gamblers. The idea is to double the amount you lost on the previous game, for your next bet. What's the assurance that you'd win on the next game? What if you lose? Consistency will just make you suffer from bigger loss. Managing the risk will be best for long run gambling habits. The ones where this strategy could work, but still uncertain of the result, are those who have large bankroll to sustain the increment with betting amount. If you happened to lose consistently then it wouldn't be a surprilse to see you struggling.
No matter what kind of strategy you use in gambling especially in luck based game, not only martingale, it will be a failure if you are out of luck.
The more you play, the higher chance you will fail with the strategy although there is also a chance to win but losing chance is bigger.
The main problem is that there are still some gamblers (especially newbies) who are looking for winning strategy because they believe that there is a strategy to beat the house.


Definitely although in other gambling games, strategies, analysis, and assessing the odds of winning will help, everything will still fall on the idea of knowing and determining the result or possible team/player winner but being unlucky will also be a big factor.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: stompix on May 20, 2024, 12:41:42 PM
Maybe if you want to try to overcome the risks of the Martingale Strategy, there are several strategies that you can maintain and implement.
For example:
1. For example, if you experience an initial win, try to maintain the lot/bet amount of your initial bet, don't be tempted to double the lot/bet, initial position.
2. And conversely, if you lose the bet, consider doubling your lot/bet in the next round.

Bruh, this is how Martingale works, if you lose you double the money, if you win you start with your usual bet!
Your strategy to improve it is the basics of the whole system, you won't change the outcome one bit with those.!

3. Try repeating methods 1 and 2 several times in the position you believe will be the final round.

I''m really curious how would you play Martingale without repeating them cause if you do so you can claim you have invested a new system.

I never believed that this strategy would work to majority of gamblers.

It will never work long-term for anyone, no matter how large your pockets are no matter what strategy you employ, incremental bets when you don't win every other single bet you put down are going to make you lose in the end.







Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: Webetcoins on May 23, 2024, 06:48:02 AM
Martingale is a very interesting strategy, but it only works if you combine it with very strict risk management.

Imagine that you have a bankroll of $50, if you start by betting $15 the first time, on the second try you will have already bet more than half of your budget. I say from experience that you need to have a budget to sustain losses of at least 10 consecutive bets.

It is necessary to recognize that the Martingale strategy is not miraculous, it does not last forever and it is often better to leave the game and make the profit while it still exists.

Another way to minimize Martingale risks is to set a maximum multiplication value and whenever you reach it, save half the value or return to the initial bet. Make sure you don't risk the money you earn.
It doesn't work even if you combine it with strict risk management techniques, it will still make you lose everything at the end.

Whether you start with a bankroll of $50 or $5,000, and whether you start betting with $15 or $0.5, you will eventually hit a loss streak big enough to eat up all your funds and leave you with nothing, and this happens, one shouldn't think that they can't lose 20 consecutive bets because it happens in gambling.

I have seen people experiencing loss streaks with 25 bets or more, and I wonder how much money they would have lost if they were using the martingale strategy because if you keep multiplying your bet after each loss, even if you start with as low as $1, after 15 consecutive losses and multiplying the bet, you will be betting $32,768 for the 15th bet.


Title: Re: Martingale strategy is a failure if you are consistent with it
Post by: pinggoki on May 23, 2024, 08:01:26 AM
I have a similar experience with martingale. Ideally martingale works if you have infinite fund to start with, if you keep double or covering the last bet loss with every new bet. The reason why our martingale stops is we don't have enough money or patience.
Back than there used to be a gambling site that allowed auto running strategies and let us go as below as 1 satoshi per bet. I had enough bitcoins and did started my bet on 1 satoshi. Running it all day, I earned something 3000ish satoshi everyday. But running it as such for such small profit was frustrating. I got bored and increased the minimum to 100 satoshi busting it in a few hours.
So basically Martingale is basically useless because infinite fund is basically not a real thing? I think that it's a stupid way to play gambling, doubling your bet when you're losing is a recipe for disaster and it's a bad idea to be doing this anyway, this is how gamblers that are chasing losses basically lose so quickly, they try to make the recovery as fast as possible which is really stupid, I'm sure that it might work in some cases but it's not that often that it's worth doing it. I guess, if we gamble, we shouldn't worry too much about how to do those gambling system, it's probably in our best interest if we just play it how we normally play things, that's much more fun and it will extend your game for a satisfactory duration.