Bitcoin Forum
April 24, 2024, 04:33:02 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 [9] 10 11 12 13 »  All
  Print  
Author Topic: Is Martingale Profitable ???  (Read 7566 times)
emberbekas
Legendary
*
Offline Offline

Activity: 1904
Merit: 1000



View Profile
April 14, 2016, 02:38:40 AM
 #161

There are a lot of conditions that will halt martingale to be profitable especially at the long run. Martingale needs a huge balance to be able to cover the previous lose. Mostly, people will stop martingale when he/she ran out of balance and in the next session he/she will start from bottom again and not continued his/her last streaks. The max profit on the house will halt martingale aswell.

There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713933182
Hero Member
*
Offline Offline

Posts: 1713933182

View Profile Personal Message (Offline)

Ignore
1713933182
Reply with quote  #2

1713933182
Report to moderator
1713933182
Hero Member
*
Offline Offline

Posts: 1713933182

View Profile Personal Message (Offline)

Ignore
1713933182
Reply with quote  #2

1713933182
Report to moderator
BitcoinBlackjack
Full Member
***
Offline Offline

Activity: 182
Merit: 250


View Profile
April 14, 2016, 02:43:10 AM
 #162

There is a reason that all gambling tables or websites put a MAX BET, and that is so that you can't keep doubling until you win!
However it is still in the real of possibilities that the roulette spin hits 25 blacks in a row, or that you lose 25 hands of blackjack in a row. So always be careful!
Lionidas
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 1012


View Profile
April 14, 2016, 02:47:28 AM
 #163

I tried this method for winning but it was hit and miss for me.
I don't find it profitable as it designed if you are lucky which is not a strategy at all.
I found that if it hits the same color, card, or symbol that does not mean it will hit the next or opposite one in the next hand/roll/spin or in the next 3. This is not a guaranteed way to place your bets or wagering any amount of money cause you are susceptible to falling into the hole just as easily as not using this method.
Jemzx00
Hero Member
*****
Offline Offline

Activity: 1470
Merit: 546


Be nice!


View Profile WWW
April 14, 2016, 03:28:17 AM
 #164

Yes it can be depending on your luck. But whenever you do martingale you must have patience because it's more profitable when your base bets are low from which you can take 30-40 times losing streak without losing your whole balance. Well it already worked for me but I lose my patience and got greedy to bet higher amount and i lost in 13streaks.

███▄▀██▄▄
░░▄████▄▀████ ▄▄▄
░░████▄▄▄▄░░█▀▀
███ ██████▄▄▀█▌
░▄░░███▀████
░▐█░░███░██▄▄
░░▄▀░████▄▄▄▀█
░█░▄███▀████ ▐█
▀▄▄███▀▄██▄
░░▄██▌░░██▀
░▐█▀████ ▀██
░░█▌██████ ▀▀██▄
░░▀███
▄▄██▀▄███
▄▄▄████▀▄████▄░░
▀▀█░░▄▄▄▄████░░
▐█▀▄▄█████████
████▀███░░▄░
▄▄██░███░░█▌░
█▀▄▄▄████░▀▄░░
█▌████▀███▄░█░
▄██▄▀███▄▄▀
▀██░░▐██▄░░
██▀████▀█▌░
▄██▀▀██████▐█░░
███▀░░
Metadextrous
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
April 14, 2016, 03:30:49 AM
 #165

You 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." But who knows you could get lucky, but its the same as normally gambling.
nah, luck or not you will be busted by the house edge after all  Tongue can't win against the house bruh
lorylore
Legendary
*
Offline Offline

Activity: 1470
Merit: 1002



View Profile
April 14, 2016, 03:47:22 AM
 #166

Yes it can be depending on your luck. But whenever you do martingale you must have patience because it's more profitable when your base bets are low from which you can take 30-40 times losing streak without losing your whole balance. Well it already worked for me but I lose my patience and got greedy to bet higher amount and i lost in 13streaks.

it is not about the amount of money you have. even if you have cash to withstand 30-40times, it will still eventually happen when u bet in the long run. And the amount that you gain will be so insignificantly small that you will feel it is kind of pointless.
dinda22
Legendary
*
Offline Offline

Activity: 1232
Merit: 1000


View Profile
April 14, 2016, 06:39:25 AM
 #167

I have experience with Martingale. I've played for more than 3 hours of capital  0.02 and win 0.1BTC.
but for now it really hard, even not strong enough to play a very long time.
shintosai
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
April 14, 2016, 06:43:01 AM
 #168

I have experience with Martingale. I've played for more than 3 hours of capital  0.02 and win 0.1BTC.
but for now it really hard, even not strong enough to play a very long time.
I feel you with this the first time I use martingale from yobit dice it's give at least some profit but now a days martingale is easy to be detected by the script so you can be lose as many as 25 time in a row thinking that you needed at least big capital to use the martingale system that's why for me this one can only be use with luck.

onlinedragon
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 501


View Profile
April 14, 2016, 06:46:34 AM
 #169

Warning! Don't use this tactic on primedice they take all your bankroll. They programmed that you will lose each time all your bankroll. Have tried it more then once and always it ends in empty roll. This can work first 30 000 hands after that it's ending for sure.
iv4n
Legendary
*
Offline Offline

Activity: 3122
Merit: 1170



View Profile
April 14, 2016, 08:20:11 AM
 #170

I think when we sit to gamble we all play progressive. We need to double, triple our bets to make something. Its true what most people think about it, nothing work on long run.
When I gamble now I don't gamble for long, sit a bit on dice game, change to roulette, poker or anything else. Play 5 - 10 minutes and that's it. I have much better results now then before when I wanted to win so much and forced every game.
For me any strategy can be profitable if you don't use it all day every day. Gambling require patience and self control.
So its not so much about strategy, its more up to you and how you feel the game! Good luck.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
adaseb
Legendary
*
Offline Offline

Activity: 3738
Merit: 1708



View Profile
April 14, 2016, 08:32:09 AM
 #171

I think when we sit to gamble we all play progressive. We need to double, triple our bets to make something. Its true what most people think about it, nothing work on long run.
When I gamble now I don't gamble for long, sit a bit on dice game, change to roulette, poker or anything else. Play 5 - 10 minutes and that's it. I have much better results now then before when I wanted to win so much and forced every game.
For me any strategy can be profitable if you don't use it all day every day. Gambling require patience and self control.
So its not so much about strategy, its more up to you and how you feel the game! Good luck.

You can do that or you can simple double your winnings, and then triple, quadruple if you get multiple winners. This way you are risking a small amount and can win big.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
talkbitcoin
Legendary
*
Offline Offline

Activity: 1372
Merit: 1032


All I know is that I know nothing.


View Profile
April 14, 2016, 08:40:59 AM
 #172

I think when we sit to gamble we all play progressive. We need to double, triple our bets to make something. Its true what most people think about it, nothing work on long run.
When I gamble now I don't gamble for long, sit a bit on dice game, change to roulette, poker or anything else. Play 5 - 10 minutes and that's it. I have much better results now then before when I wanted to win so much and forced every game.
For me any strategy can be profitable if you don't use it all day every day. Gambling require patience and self control.
So its not so much about strategy, its more up to you and how you feel the game! Good luck.

You can do that or you can simple double your winnings, and then triple, quadruple if you get multiple winners. This way you are risking a small amount and can win big.

when using martingale method you won't win triple, quadruple,... it is based on your multiplier and if it is 2x then you will always win 2x of what you have bet. triple, quadruple,... is the amount that you lose or in other words you have to increase your bet amount on each bet in order to cover the previous loss totals.

......
.L I V E C O I N . N E T.
.
..PROFITBOX..
██  █████████████████████████
  █████████▄      ▄██████████
█████████████▄  ▄████████████
    █████████████████████████
  ██████████▀    ▀█ ▀████████
████  █████▀  ▄▄  ▀█  ▀██████
  ████████▀  ▄██▄  ▀█   ▀████
    ██████   ▀██▀   ██   ████
  █████████▄      ▄██████████
██  █████████▄  ▄████████████
  ███████████████████████████
██  █████████████████████████
  █████████████████████▀ ███
█████████████████████▀   ███
    █████████████▀     ████
  █████████████▀   ██    ████
████  █████▀     ██    ████
  ███████▀   ██    ██    ████
    █████    ██    ██    ████
  ███████    ██    ██    ████
██  █████    ██    ██    ████
  ███████████████████████████
.....
MTBTT
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
April 14, 2016, 09:17:30 AM
 #173

Warning! Don't use this tactic on primedice they take all your bankroll. They programmed that you will lose each time all your bankroll. Have tried it more then once and always it ends in empty roll. This can work first 30 000 hands after that it's ending for sure.
I think not only primedice but all sites will also do the same. site will know the same of your tactics so that they will know it quickly and you will immediately lose. better not to use it for a long time
wildan88
Legendary
*
Offline Offline

Activity: 1862
Merit: 1046



View Profile
April 14, 2016, 09:30:00 AM
 #174

Initially it is profitable, but henceforth always lose. and really work on short-term.

no. no no no no no. no.
it's still depends on your luck. you can bust on the first try. so no, it doesn't really work on short-term.

after I tried with several different methods. turns out it also depends on the method. if you want to play it safe with a small base bet or a little larger with quick profits and short-term.

.
..1xBit.com   Super Six..
▄█████████████▄
████████████▀▀▀
█████████████▄
█████████▌▀████
██████████  ▀██
██████████▌   ▀
████████████▄▄
███████████████
███████████████
███████████████
███████████████
███████████████
▀██████████████
███████████████
█████████████▀
█████▀▀       
███▀ ▄███     ▄
██▄▄████▌    ▄█
████████       
████████▌     
█████████    ▐█
██████████   ▐█
███████▀▀   ▄██
███▀   ▄▄▄█████
███ ▄██████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████▀▀▀█
██████████     
███████████▄▄▄█
███████████████
███████████████
███████████████
███████████████
███████████████
         ▄█████
        ▄██████
       ▄███████
      ▄████████
     ▄█████████
    ▄███████
   ▄███████████
  ▄████████████
 ▄█████████████
▄██████████████
  ▀▀███████████
      ▀▀███
████
          ▀▀
          ▄▄██▌
      ▄▄███████
     █████████▀

 ▄██▄▄▀▀██▀▀
▄██████     ▄▄▄
███████   ▄█▄ ▄
▀██████   █  ▀█
 ▀▀▀
    ▀▄▄█▀
▄▄█████▄    ▀▀▀
 ▀████████
   ▀█████▀ ████
      ▀▀▀ █████
          █████
       ▄  █▄▄ █ ▄
     ▀▄██▀▀▀▀▀▀▀▀
      ▀ ▄▄█████▄█▄▄
    ▄ ▄███▀    ▀▀ ▀▀▄
  ▄██▄███▄ ▀▀▀▀▄  ▄▄
  ▄████████▄▄▄▄▄█▄▄▄██
 ████████████▀▀    █ ▐█
██████████████▄ ▄▄▀██▄██
 ▐██████████████    ▄███
  ████▀████████████▄███▀
  ▀█▀  ▐█████████████▀
       ▐████████████▀
       ▀█████▀▀▀ █▀
.
Premier League
LaLiga
Serie A
.
Bundesliga
Ligue 1
Primeira Liga
.
..TAKE PART..
BitcoinHodler
Hero Member
*****
Offline Offline

Activity: 1456
Merit: 578


HODLing is an art, not just a word...


View Profile
April 14, 2016, 10:20:17 AM
 #175

Initially it is profitable, but henceforth always lose. and really work on short-term.

no. no no no no no. no.
it's still depends on your luck. you can bust on the first try. so no, it doesn't really work on short-term.

after I tried with several different methods. turns out it also depends on the method. if you want to play it safe with a small base bet or a little larger with quick profits and short-term.

no, it will still be depending on your luck no matter what you do.
that's the problem with these methods (all of them) gamblers make a couple of bets with these methods and then decide based on them.
but if you make thousands of bets you will realize that it really doesn't matter how long you play but your luck and how big is your bankroll.

Holding Bitcoin More Every Day
newcripto
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500


View Profile
April 14, 2016, 10:26:29 AM
 #176

I will say not every single method works for everyone inclusive martingale.I have played dice on some different sites but martingale never worked for me.At start it was seeming to be in work but I made more money by random bets than martingale.Actually everyone has own experience and working trick not method.
Havelivi
Hero Member
*****
Offline Offline

Activity: 896
Merit: 1000



View Profile
April 14, 2016, 10:35:51 AM
 #177

Martingale is one of the worst strategy ever it is like to make suicide attempt there, i had very bad experience with martingale so that i would like to advise stay away from that kind of tricks.
hangar18
Hero Member
*****
Offline Offline

Activity: 676
Merit: 500


View Profile
April 14, 2016, 10:45:19 AM
 #178

I tried Martingale several times always had pitiful results. with martingale one risks too much just for little gain
crytoboost
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
April 14, 2016, 10:56:57 AM
 #179

It is impossible to make profit using martingale maybe in short time of period we will win something but if we keep continue this practice and doing gambling with any kind of martingale strategy than it will bring very painful result.
beduku22
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
April 14, 2016, 11:20:35 AM
 #180

It is impossible to make profit using martingale maybe in short time of period we will win something but if we keep continue this practice and doing gambling with any kind of martingale strategy than it will bring very painful result.

not a good idea to use the Martingale system in any type of long term profit building progression, especially in a game that has an house edge (-EV).
Pages: « 1 2 3 4 5 6 7 8 [9] 10 11 12 13 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!