Martingale strategy is a failure if you are consistent with it

[stompix]

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!

[darkangel11]

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.

[Eternad]

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.

[btc_angela]

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.

[piebeyb]

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.

[bettercrypto]

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.

[Maslate]

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/

$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?

[Hirose UK]

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.

[stompix]

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!

[Taskford]

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.

[panjul07]

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.

[piebeyb]

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.

[YOSHIE]

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.

[Yatsan]

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.

[stompix]

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.

[Webetcoins]

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.

[pinggoki]

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.