IN any case, with any bet odds and % increase on loss, martingale strategy will let you lose more once than what you'll win in several turns.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimg4.hostingpics.net%2Fpics%2F453243Martingale.png&t=663&c=LKFbshFH7L_bdA)
Here's an extract of a sheet i've created. Initial bet is 1 satoshi, bet odds is set to 2 and % increase on loss is set to 100%.
What does it show ?
Red column gives the % probability to reach this bet size and lose. Last line is for 10 loss in a row, probability is around 0,1% to reach it.
So with 1000 draws, you'll win 999 times 1 satoshi, and lose 1 time 1023 satoshis. For a total loss of 999-1023 = 24 satoshi