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Author Topic: Is Martingale Profitable ???  (Read 7183 times)
Avirunes
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April 19, 2016, 03:47:48 PM
 #241

can easily bust with martingale in the long run. The short run might give some profit, but that is all luck right there. As I saw some other people say on dice sites. "Don't do martinfail." (for me)

Usually people do martingale with high odds to keep on roll it until it hits then they stop it. For 2x martingale usually they just using manual betting because it is easier rather than waiting on for examples like 1000 odds or any higher odds. Most of them thought that every martingale will fail but wrong calculation that make it fails so if you can calculate it well and have enough balance I dont think it will fail

Well some part i agree but i think that martingale may not work even if you have big balance .In gambling everything is possible (high loss/high profit).The thing that lies around is the time for how much you put on that strategy.In just a small time it may work but in long time i dont think so that it will work most of the time.You can try it ,for me i already tried it but I tried with lower bankroll but put up a low amt. of bet as well.

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April 19, 2016, 09:18:15 PM
 #242

can easily bust with martingale in the long run. The short run might give some profit, but that is all luck right there. As I saw some other people say on dice sites. "Don't do martinfail." (for me)

Usually people do martingale with high odds to keep on roll it until it hits then they stop it. For 2x martingale usually they just using manual betting because it is easier rather than waiting on for examples like 1000 odds or any higher odds. Most of them thought that every martingale will fail but wrong calculation that make it fails so if you can calculate it well and have enough balance I dont think it will fail

Well some part i agree but i think that martingale may not work even if you have big balance .In gambling everything is possible (high loss/high profit).The thing that lies around is the time for how much you put on that strategy.In just a small time it may work but in long time i dont think so that it will work most of the time.You can try it ,for me i already tried it but I tried with lower bankroll but put up a low amt. of bet as well.

If theory you could have infinite winning and infinite loosing stakes. So in the end always winner is the casino.
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April 20, 2016, 01:42:00 AM
 #243

can easily bust with martingale in the long run. The short run might give some profit, but that is all luck right there. As I saw some other people say on dice sites. "Don't do martinfail." (for me)

Usually people do martingale with high odds to keep on roll it until it hits then they stop it. For 2x martingale usually they just using manual betting because it is easier rather than waiting on for examples like 1000 odds or any higher odds. Most of them thought that every martingale will fail but wrong calculation that make it fails so if you can calculate it well and have enough balance I dont think it will fail

Well some part i agree but i think that martingale may not work even if you have big balance .In gambling everything is possible (high loss/high profit).The thing that lies around is the time for how much you put on that strategy.In just a small time it may work but in long time i dont think so that it will work most of the time.You can try it ,for me i already tried it but I tried with lower bankroll but put up a low amt. of bet as well.

If theory you could have infinite winning and infinite loosing stakes. So in the end always winner is the casino.
Use martingale in sports betting and you will have a good chance of winnings. For example the Mavs vs the OKC. if you bet on MAVS the 1st game and loss then double you bet in the 2nd game then win. So as of now, you already have a profit.

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April 20, 2016, 01:57:37 AM
 #244


Use martingale in sports betting and you will have a good chance of winnings. For example the Mavs vs the OKC. if you bet on MAVS the 1st game and loss then double you bet in the 2nd game then win. So as of now, you already have a profit.

It's not a good tactic to use martingale in sports betting. There's a chances that the team you choose keep on loosing 3-4 times in a row. But, it's still your choice if you use it. You should have a big amount of BTC if you use martingale on sports betting.

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April 20, 2016, 12:34:46 PM
 #245


Use martingale in sports betting and you will have a good chance of winnings. For example the Mavs vs the OKC. if you bet on MAVS the 1st game and loss then double you bet in the 2nd game then win. So as of now, you already have a profit.

It's not a good tactic to use martingale in sports betting. There's a chances that the team you choose keep on loosing 3-4 times in a row. But, it's still your choice if you use it. You should have a big amount of BTC if you use martingale on sports betting.

No profitable method in gambling. Butyou still need luck.. its just good to hear that when your small bet was busted you have to double it and you will gain back your loses.
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April 20, 2016, 12:50:16 PM
 #246

I loss 0.016 today using martingale strategy playing dice on primedice, my temper got me again  Cry

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April 20, 2016, 01:07:48 PM
 #247

I loss 0.016 today using martingale strategy playing dice on primedice, my temper got me again  Cry


Another proof that martingale is not a good strategy. I'm sorry for your loss, sir. Smiley

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April 21, 2016, 03:06:31 AM
 #248

I loss 0.016 today using martingale strategy playing dice on primedice, my temper got me again  Cry


Another proof that martingale is not a good strategy. I'm sorry for your loss, sir. Smiley
Maybe you should increase your bankroll then, It is really not advisable to use martingale if you don't have a decent bankroll as you cannot stand streak losses that would result to a drain of your bankroll. I have experience this once and lost that's why now I already still to flat betting.

 
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April 21, 2016, 05:21:36 AM
 #249

I loss 0.016 today using martingale strategy playing dice on primedice, my temper got me again  Cry


Another proof that martingale is not a good strategy. I'm sorry for your loss, sir. Smiley
Maybe you should increase your bankroll then, It is really not advisable to use martingale if you don't have a decent bankroll as you cannot stand streak losses that would result to a drain of your bankroll. I have experience this once and lost that's why now I already still to flat betting.

in my experience increasing the bankroll is just increasing your chance of not striking out but it is still there and you may lose all of it anyways.

unless you are planning on starting with 1 satoshi bets and have a bankroll of 200BTC there is no way.

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April 21, 2016, 05:30:23 AM
 #250

I loss 0.016 today using martingale strategy playing dice on primedice, my temper got me again  Cry


Another proof that martingale is not a good strategy. I'm sorry for your loss, sir. Smiley
Maybe you should increase your bankroll then, It is really not advisable to use martingale if you don't have a decent bankroll as you cannot stand streak losses that would result to a drain of your bankroll. I have experience this once and lost that's why now I already still to flat betting.
more bankroll added , more desire to bet bigger to double . bad idea at all to use martingale in every gambling games which had a house. they always seeking for a martingale gambler to make profit!

it will give you a deep hurt once you hit a straight lost without a single win.

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April 21, 2016, 06:22:15 AM
 #251

I loss 0.016 today using martingale strategy playing dice on primedice, my temper got me again  Cry


Another proof that martingale is not a good strategy. I'm sorry for your loss, sir. Smiley
Maybe you should increase your bankroll then, It is really not advisable to use martingale if you don't have a decent bankroll as you cannot stand streak losses that would result to a drain of your bankroll. I have experience this once and lost that's why now I already still to flat betting.

Increasing your bankroll only leads to greater loss. Do not use martingale. Try pluscouping if you've got a decent amount of bankroll.

Martingale's strategy increases your bet twice per loss. There's a possibility that you bust 20x+. Not to mention that if this happens, your bet will reach the maximum bet, even if you win 1x, you can't get back all of your money.

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TipZ
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April 21, 2016, 06:47:42 AM
 #252

It can only be profitable if you have infinite bankroll otherwise at the end you will loose everything!
tigerwood0432
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April 21, 2016, 07:02:23 AM
 #253

Martingale is not profitable , specially for online gambling (some online casinos has  cheaty sec system that identify martingale and you can have 20 to 30 time the same color at roulette ) , in real casino , you can't have 20 times same color = impossible Smiley So it can work in real casinos , not online !


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justdimin
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April 21, 2016, 07:52:40 AM
 #254

How many of you have used the Martingale System for Gambling ?
Is it profitable ?
Share your experiences with it below !
Martingale for me has been like a nightmare and I surely cant think of a reason to suggest it to anyone. Its in short like you keep trying to loose and wait till it actually happens.

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Hajeba
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April 21, 2016, 07:59:35 AM
 #255

Martingale is not profitable as the house will win you in the long run or some 10 - 20 lose streak catches you. Is kinda of stupid as most online gambling system can identify martingale. Gamble well and Good luck!
nostal02
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April 21, 2016, 08:04:17 AM
 #256

Martingale is not profitable as the house will win you in the long run or some 10 - 20 lose streak catches you. Is kinda of stupid as most online gambling system can identify martingale. Gamble well and Good luck!

Every online casino has been program to recognized any martingale attempts and all games that you play in an online casino is program to always win so no matter how many winnings bets that you have the ration or losing will always be bigger.
CarlesPuyol
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April 21, 2016, 08:06:32 AM
 #257

How many of you have used the Martingale System for Gambling ?
Is it profitable ?
Share your experiences with it below !
Martingale for me has been like a nightmare and I surely cant think of a reason to suggest it to anyone. Its in short like you keep trying to loose and wait till it actually happens.
Martingale is surely not profitable.
All my attempts to use this system failed. Don't waste your money on that.


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upsidedown75
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April 21, 2016, 08:45:56 PM
 #258

I loss 0.016 today using martingale strategy playing dice on primedice, my temper got me again  Cry

Yes it happens, I have also burned a significant amount of money using the martingale and I know how it hurts, in fact I shouted at some chatbox and said scam and such when I was new. Its hard to digest such losses.
Hashminers
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April 21, 2016, 09:10:07 PM
 #259

No the method is not profitable at all I really lost a lot of money because of this method.
I really think that this method is sucking and I also know that more people have lost a lot of dollars because of this method so that is in my opinion already saying enough.

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April 21, 2016, 09:29:45 PM
 #260

In my opinion, martingale with luck is very profitable, i earned 200k satoshis everyday without loss, just dont get caught by the house edge mates.
With luck, every strategy works Wink
The house edge is always around, but it is important to note that is is an average only. You can win or lose with or without the house edge, the only thing the house edge does is make your winnings a bit lower.

I can recommend doing the math on some bets manually (or in a spreadsheet), it gives a clear understanding of how it works. Just try to reproduce the winnings the casino gives you in a spreadsheet.

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