Just another example of Martingale lose

[naidray]

Don't know who this guy is but he lost over 3.8 BTC within a minute playing dice with martingale strategy. One of the largest lose I have encountered.

-snip-

3+ BTC lose on playing dice with martingale strategy!!! Mr.hohnsohn had a big heart I guess. I just saw first time who lose this kind of big amount on dice game. Hope he can afford and come as a professional gambler. I tried to play dice with little amounts but at the end I lose all. I think there is nothing possible there, you will never win at the end. So keep you away from this kind of game.

[1714964939]

1714964939

[Vongola]

There are alot people who lost when trying martingale strat. Better try find other strat which more safe than martingale

[gogodr]

Martingale works, his bets were just too big for his bankroll. You need to have enough to take 10 losses at least before you win one.

[NUFCrichard]

Martingale works, his bets were just too big for his bankroll. You need to have enough to take 10 losses at least before you win one.

You are half right.  He was betting far too big for his bank, so the inevitable big loss came quicker than should have been the case.

Even if he had bet small or had a massive bank, he would lose it all eventually. Martingale is just pushing the losses back, until eventually the odds catch up with you and you lose it all!

[gogodr]

Martingale works, his bets were just too big for his bankroll. You need to have enough to take 10 losses at least before you win one.

You are half right.  He was betting far too big for his bank, so the inevitable big loss came quicker than should have been the case.

Even if he had bet small or had a massive bank, he would lose it all eventually. Martingale is just pushing the losses back, until eventually the odds catch up with you and you lose it all!

Well not even martingale can save you from that. When you are up you need to walk away and add to you bankroll so you can continue to see another day. But yeah, way too big bets for such a tiny bankroll.