just_Alice
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June 22, 2017, 03:24:33 PM |
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i know most of us knew about martingale and we do use that in order to gain profits but we also aware that this same system is not safe in a long term period as we will be caught out of the blue and our winning streak will start to change up, do you have any settings of strategy to make it much worthy to use? So for me, I believe in order to make a martingle system work you need to have a huge starting bankroll. It will not work if you have a small bankroll because once it hit a loss it will eventually loose all your winnings and your starting money. Share it here if you have something there ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) They say you have to have a very large starting bankroll to win with martingale, but few people realize how big it should actually be. Say you have 1 BTC and you want to play martingale on a dice site. You are a wise person so you start with 10 satoshi base bet playing with 50% win chance. Playing in that manner you'll be winning from 30k to 70k sats per hour depending on the speed of bets. You might think that's not bad, but remember that you are risking 1 BTC for that. To lose that 1 BTC you just need 23 reds in a row and I heard 25 reds in a row happen when you play with 50% win chance.
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choppork
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June 22, 2017, 04:56:33 PM |
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To make martingale system work, you need a huge bank roll and very little base bet. Your base bet is also the amount of money that you will make whenever you win. You have to realize that when I said "huge" bank roll, I really meant insanely huge. And when I said "very little" base bet, I meant really small base bet. Even when you've been running the martingale bot for a long time, you're not going to make as much profit as you would make if you have done other stuffs instead like trading. Both of them are risky but trading gives you better odds of making money.
We all know that martingale is such a good strategy. But it will only work if you have unlimited bankroll which is not possible in this world.
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Hydrogen
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June 24, 2017, 06:27:28 AM |
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Has anyone seen or heard of anyone successfully using martingale?
Martingale is kind of a grey area for me. There are people who swear it works. But I've never had the pleasure of actually seeing it in action.
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Bitinity
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June 24, 2017, 07:00:39 AM |
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Has anyone seen or heard of anyone successfully using martingale?
Martingale is kind of a grey area for me. There are people who swear it works. But I've never had the pleasure of actually seeing it in action.
There are many success story of martingale but of course we do not know what they got after the success. Winners may keep the winning and stop using martingale but some may continue using martingale and lose all their money at the end. I myself never won win martingale, always ended up with a lost. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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shintosai
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June 24, 2017, 07:20:34 AM |
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Has anyone seen or heard of anyone successfully using martingale?
Martingale is kind of a grey area for me. There are people who swear it works. But I've never had the pleasure of actually seeing it in action.
There are many success story of martingale but of course we do not know what they got after the success. Winners may keep the winning and stop using martingale but some may continue using martingale and lose all their money at the end. I myself never won win martingale, always ended up with a lost. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Well even myself also lose with this system i think theres also some good gamblers who can manage to win using this strategy as they have patience and really huge bankroll together with mathematical analysis i think they got some decent earnings.
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dunfida
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June 24, 2017, 07:56:21 AM |
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Has anyone seen or heard of anyone successfully using martingale?
Martingale is kind of a grey area for me. There are people who swear it works. But I've never had the pleasure of actually seeing it in action.
There are many success story of martingale but of course we do not know what they got after the success. Winners may keep the winning and stop using martingale but some may continue using martingale and lose all their money at the end. I myself never won win martingale, always ended up with a lost. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Well even myself also lose with this system i think theres also some good gamblers who can manage to win using this strategy as they have patience and really huge bankroll together with mathematical analysis i think they got some decent earnings. Mathematical analysis with martingale? I cant say so because i have experienced this thing already which no matter how you formulate settings on it, you will still lose up in the end on using it and even you have bigger bankroll doesnt mean you are exempted already on experiencing lose streaks thats why i do hate \this strategy but you can possible earn profits depends on your luck and if you do know how to exit when profits.
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boranes
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July 25, 2017, 01:20:51 PM |
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You can't win using martingale system, you will lose at the end. However you can try your luck with antimartingale system playing odds 2X or higher and raising bet on win. It's better than martingale imo.
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flower1024
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July 25, 2017, 02:21:42 PM |
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Has anyone seen or heard of anyone successfully using martingale?
Martingale is kind of a grey area for me. There are people who swear it works. But I've never had the pleasure of actually seeing it in action.
There are many success story of martingale but of course we do not know what they got after the success. Winners may keep the winning and stop using martingale but some may continue using martingale and lose all their money at the end. I myself never won win martingale, always ended up with a lost. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Well even myself also lose with this system i think theres also some good gamblers who can manage to win using this strategy as they have patience and really huge bankroll together with mathematical analysis i think they got some decent earnings. Mathematical analysis with martingale? I cant say so because i have experienced this thing already which no matter how you formulate settings on it, you will still lose up in the end on using it and even you have bigger bankroll doesnt mean you are exempted already on experiencing lose streaks thats why i do hate \this strategy but you can possible earn profits depends on your luck and if you do know how to exit when profits. This strategy will help you to win money in gambling. But when you are using this martingale don't go for an auto bet. If you choose this option, you will not control your game. You must watch your bet and stop at right. If you missed stopping at the right time you would lose your capital. And to play martingale method, we need big bankroll this is very important if you play with the small amount you can not make it.
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Supercrypt
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July 25, 2017, 02:27:47 PM |
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You can't win using martingale system, you will lose at the end. However you can try your luck with antimartingale system playing odds 2X or higher and raising bet on win. It's better than martingale imo.
Why not you can go for trying your luck with martingale strategy itself ? When you are believing in to your luck factor then there will be no differences between martingale strategy and any other modified version of it. I have made profits with martingale strategy many times but all the times I went for manual gambling.
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AK47-
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July 25, 2017, 02:47:50 PM |
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The Martingale betting system is the best-known of all the world’s many ridiculous betting systems, which promise a better winning rate in exchange for a stylized form of betting. The basic Martingale system says that if you double your bets after every loss, you’ll always eventually recover all previous losses plus a small profit equal to your original stake. The problem with the Martingale system, of course, is that it assumes an infinite amount of money, an infinite table limit in terms of bet sizes, and an infinite amount of time. If you’ve ever been to the casino, you know that those three things simply don’t exist. Eventually, all betting systems fail when applied to real-world casino games. Ignore them in favor of sound strategy, research, and experience.
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CARrency
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July 25, 2017, 02:58:31 PM |
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You can't win using martingale system, you will lose at the end. However you can try your luck with antimartingale system playing odds 2X or higher and raising bet on win. It's better than martingale imo.
Gambling is not really based on how you will be playing the game but how lucky are you that day. martingale doubles .ypur every bet everytime you lose. As said by previous posts, more risky and more challenging because when the time you are having a loss streak, that means you are also having a great bet.
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Kotone
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July 25, 2017, 03:23:04 PM |
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You need to have large amount to gamble to win and defeat the system of martingale not only playing by short period of time but to play long term you need to manage your settings and always see what is the best and what will be the settings you can guaranteed with your self this is also how lucky you are it will test you and your patient on the game.
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angrybirdy
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July 25, 2017, 03:59:22 PM |
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i know most of us knew about martingale and we do use that in order to gain profits but we also aware that this same system is not safe in a long term period as we will be caught out of the blue and our winning streak will start to change up, do you have any settings of strategy to make it much worthy to use? So for me, I believe in order to make a martingle system work you need to have a huge starting bankroll. It will not work if you have a small bankroll because once it hit a loss it will eventually loose all your winnings and your starting money. Share it here if you have something there ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) There isn't a sure strategy but having a deeper pocket or bigger bankroll can give you advantage. I play now 19x bbet 5k sats on lose 6%increase.
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puremage111
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July 25, 2017, 04:00:21 PM |
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There will never be a "WAY" to win using martingale, at least not for long term
Short term it may WORK, but it MAY not. Trust me, Gambling is really, always look at pure luck
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Pejoh Asu
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July 25, 2017, 04:42:36 PM |
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I've tried this system and some similar systems, initially looks very promising but when I continue to use it does not guarantee to keep winning.
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aardvark15
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July 25, 2017, 05:02:14 PM |
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I've tried this system and some similar systems, initially looks very promising but when I continue to use it does not guarantee to keep winning.
Using this strategy, you will eventually have a long streak of losses. There is a term called "Gamblers Ruin" where you keep doubling your bet after each loss until you run out of money to bet. If you had unlimited funds and there was not house limit on bets, you could keep doubling the bet but that is not reality. You will eventually reach a limit and can no longer double the bet. There's no way to get around this problem unless you are extremely lucky.
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Freaks
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July 25, 2017, 05:10:28 PM |
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I've tried this system and some similar systems, initially looks very promising but when I continue to use it does not guarantee to keep winning.
Using this strategy, you will eventually have a long streak of losses. There is a term called "Gamblers Ruin" where you keep doubling your bet after each loss until you run out of money to bet. If you had unlimited funds and there was not house limit on bets, you could keep doubling the bet but that is not reality. You will eventually reach a limit and can no longer double the bet. There's no way to get around this problem unless you are extremely lucky. That is bitter part of this strategy when we had a losing streak than martingale take us down when it reached to the maximum bet limit. But much hard to understand for the people martingale is just like to put money on a road because no guarantee when we get on losing streak and ended up with get busted.
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emberbekas
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July 25, 2017, 05:31:15 PM |
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There will never be a "WAY" to win using martingale, at least not for long term
Short term it may WORK, but it MAY not. Trust me, Gambling is really, always look at pure luck
In short term martingale could work but in the long term the long reds will come and our balance can't handle it anymore. There is no strategy to get steady profit at gambling. Gambling will always depend on luck and I am sure people won't able to develop a strategy to beat it. No matter how hard they try!
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cjmoles
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July 25, 2017, 06:04:15 PM |
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My advice is to stay away from systems related to the Martingale strategy if you are not proficient in higher mathematics....no matter how large your bankroll might be. Also, beware of investing in dice sites because there are those who also own dice sites who use their investors large bankrolls to exploit other dice sites using Martingale like strategies....careful! All is not what it seems here.
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boranes
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July 25, 2017, 08:19:17 PM |
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You can't win using martingale system, you will lose at the end. However you can try your luck with antimartingale system playing odds 2X or higher and raising bet on win. It's better than martingale imo.
Why not you can go for trying your luck with martingale strategy itself ? When you are believing in to your luck factor then there will be no differences between martingale strategy and any other modified version of it. I have made profits with martingale strategy many times but all the times I went for manual gambling. Because martingale isn't about luck, it's about how long will you last until you miss more than 15 times in a row and sooner or later you will. Anti-martingale(or reverse martingale) is something different, you need to hit 15 or more in the row to win but when you do you will win big(It's double or nothing method). If you can miss 15 or more in row than you should suppose that you can win 15 or more in a row.
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