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Author Topic: Is Martingale Profitable ???  (Read 7177 times)
Phildo
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February 29, 2016, 10:42:52 PM
 #121

Martiangle ultimately will only make you went bankrupt
yeah it will happen if you were very greedy and did not want to stop when it is already profitable

Why do people keep saying this?

How do you stop when you are in the middle of a losing streak and claim to be using martingale?

he is telling not to stop when you are in losing streak , read properly he is clearly telling that when you are using martingale and winning and are in profitable and when you are started to lose that time what ever you have winning profit just stop for that day and start fresh next day , but i wont suggest to use the same strategy on next day as you id the site owner will be knowing the strategy of your winning and will change it immediately and you will lose what you won and your bankroll also.

But martingale involves going on and on when you are in a losing streak.

It's impossible to say stop when you are ahead, because if you hit that losing streak you are going to lose a boatlaod of money. Martingale is a great wa to win a little bit of money and a great way to lose a ton of money.

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February 29, 2016, 11:47:33 PM
 #122

Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

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Raimonn
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February 29, 2016, 11:50:56 PM
 #123

Martingale can be profitable given you have an incredibly large bankroll to back it and don't hit the max bet on a site.
Actually you might be right but sometimes even if you have more bankroll than even the whole site, still you might not get big profits and end up on the winning side of martingale, because you have to understand that they have a max bet option.
Martingale basically depends how many losses in a row you can survive,If you can survive ike 20-30 losses ( very tough though ) then you would easily profit in short term at least.

Not, you can't be sure that after 30 looses row it will change your luck and you will win. Its strange at our mind, but we can loose on 31, 32, .... 50 and more. And provably you will not have money enough to test if next could be the winner or not.
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February 29, 2016, 11:52:06 PM
 #124

Not at all... I just busted another 0.0005 tip, while running martingale strategy.

Seriously, with martingale you're risking your whole balance for 0.5% profit on your balance. Not worth it.
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March 01, 2016, 12:44:08 AM
 #125

Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.
Yeah for short term. if you have luck you can get small profit with easy. so short term is the best way to do


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23dzmaz
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March 01, 2016, 12:56:44 AM
 #126

Not at all... I just busted another 0.0005 tip, while running martingale strategy.

Seriously, with martingale you're risking your whole balance for 0.5% profit on your balance. Not worth it.

Martingale strategy can make you get profit if you use it short-term, don't ever use long-term because provably fair is so rigged and not fair for me.
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March 01, 2016, 02:39:00 AM
 #127

In the short term it is unless you increadibly unlucky but normally people want more and greed sets in. Anyway bascically eventually you will lose, the odds slowly catch up. Having said that if you had infinite btc this method would always work as you could always double your last bet.

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March 01, 2016, 02:49:01 AM
 #128

If theory you could have infinite winning and infinite loosing stakes. So in the end always winner is the casino. Because you don't have infinite money.

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shintosai
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March 01, 2016, 03:16:10 AM
 #129

If theory you could have infinite winning and infinite loosing stakes. So in the end always winner is the casino. Because you don't have infinite money.

This one use logic if you have money as the banker have you will win it using martingale but for sure you don't have it so no sense of using it, if you just playing for fun you can use it and save some when you are starting to see that you are losing it.

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March 04, 2016, 03:21:43 AM
 #130

Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.
Yeah for short term. if you have luck you can get small profit with easy. so short term is the best way to do

This method only works some times but no guaranty whether it will work even of short time for every one because they will keep winning and losing steaks may be same % but you will get losing streaks more at one time but winning streaks will less. So just use this method for fun.   
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March 04, 2016, 03:44:04 AM
 #131

Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.
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March 05, 2016, 02:59:29 AM
 #132

Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.

But very less people will withdraw there winnings in gambling because of greediness most of the people end up all there money again back to casino. That's why today all casino's becoming rich and gamblers are becoming poor. This martingale strategy will not always works for every one because this method needs a luck to win money.

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March 05, 2016, 03:29:32 AM
 #133

Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.
It's hard to stop playing when you realize and think martingale are working perfectly.
You will only think to play bigger bet and bigger until you lost it again.
That is simple concept doing martingale, make you lost money in simple way too.
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March 05, 2016, 03:35:43 AM
 #134

Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.

But very less people will withdraw there winnings in gambling because of greediness most of the people end up all there money again back to casino. That's why today all casino's becoming rich and gamblers are becoming poor. This martingale strategy will not always works for every one because this method needs a luck to win money.

Yes, greedy always make lose gambler. Especially when using martingale, the risk double. When people earn much, they never stop to enjoy their earning, they want more and more.
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March 05, 2016, 05:41:07 AM
 #135

Not at all... I just busted another 0.0005 tip, while running martingale strategy.

Seriously, with martingale you're risking your whole balance for 0.5% profit on your balance. Not worth it.

Martingale strategy can make you get profit if you use it short-term, don't ever use long-term because provably fair is so rigged and not fair for me.

short term or long term doesn't make any difference in gambling. it is just dependent on chance and your luck. it doesn't matter what strategy you are using, if you are unlucky you can hit that losing streak and lose all your bankroll in the first try (short term that you mention). this is what happens if the system is provably fair ofcourse not rigged to let you win at first and lose after a long time.

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March 05, 2016, 05:51:33 AM
 #136

Martingale is much more profitable in real life gambling rather than use it online...
When a program is built to win and not to lose any other tactics wont gain you any profit...
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March 05, 2016, 08:55:35 AM
 #137

Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.

But very less people will withdraw there winnings in gambling because of greediness most of the people end up all there money again back to casino. That's why today all casino's becoming rich and gamblers are becoming poor. This martingale strategy will not always works for every one because this method needs a luck to win money.

I guess not all gambler are becoming so poor, some of them still can earn a lot or even become millionaire after gambling for quite some time. This is matter of luck though. And btw martingale system will become profitable if you know how to manage your balance and your base bet well enough. Most of them just used martingale and hope to earn more with small balance thats why they keep on losing and luck is play a role in every gambling game for sure so without luck you wont get good profit
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Hello there!


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March 05, 2016, 09:40:50 AM
 #138

What about a 50% chance, x2 payout, 0 house edge dice game? Any strategy?
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March 11, 2016, 03:16:38 AM
 #139

Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.

But very less people will withdraw there winnings in gambling because of greediness most of the people end up all there money again back to casino. That's why today all casino's becoming rich and gamblers are becoming poor. This martingale strategy will not always works for every one because this method needs a luck to win money.

I guess not all gambler are becoming so poor, some of them still can earn a lot or even become millionaire after gambling for quite some time. This is matter of luck though. And btw martingale system will become profitable if you know how to manage your balance and your base bet well enough. Most of them just used martingale and hope to earn more with small balance thats why they keep on losing and luck is play a role in every gambling game for sure so without luck you wont get good profit

I really don't know many people has become millionaire by gambling everyday. But martingale method will not work if you play for long hours continuously with any kind of balances unless you manage manually and if you know when to stop it and take the cut of either profit or loss.
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March 11, 2016, 04:26:33 AM
 #140

I guess all gamblers here tried martingale and I'd guess only few of them can really say that they make a profit by that. I myself tried it before but it makes my bankroll back to zero.
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