How many Bitcoins needed for martingale

[gribble]

Well.. we need unlimited of bitcoins to play gambling using strategy martiangle because every time we are lost in gambling,
we must make doubles betting from the first lost and keeps continuous every time losing.
The bad thing from this strategy is no one people around the who have unlimited money, this strategy is never work in gambling
many people have tried this strategy and they just got losing large of money.

[Yuhee]

Well.. we need unlimited of bitcoins to play gambling using strategy martiangle because every time we are lost in gambling,
we must make doubles betting from the first lost and keeps continuous every time losing.
The bad thing from this strategy is no one people around the who have unlimited money, this strategy is never work in gambling
many people have tried this strategy and they just got losing large of money.

Well for me its not the unlimited but when you know how to stop if ever gathered enough of your winnings. Cause even if you have many btc but you dont know when to stop then you just gonna donate your btc to that certain site. Because for me if i have money i always have 200% of my winnings. But even though i almost win there is always the need to gamble more. Even in physical gambling i do martingale and sometimes there are other bankers who could see through that style that sometimes they are preventing it.

[Omega Weapon]

I don't understand so much love for Martingale strategy.

The only reason for its popularity is that under certain conditions(lots of money and time) it gives a predictable outcome in terms of profits. It’s not a sure bet, but it’s about as close as you can get.

There is no fix amount you would need even if casino doesn't limit it. This strategy would rob you off your time and money. Martingale strategy bring with it a huge chance of getting you broke. So as always said bring the amount you can afford to lose in gambling and if you are lucky enough you can earn in that too.

The reason why martingale is so popular is because for those that do not take the time to make the calculations, it gives the impression that it is a safe way to make money with gambling when in fact martingale does not change anything, you are going to lose as much as any other person since the house edge is going to be there to make sure of that, besides the amount of money you need to put at risk to only win 1 satoshi is ridiculous high.

[Cacingkemi]

I know that the martingale system could only win if an infinite amount is available and an infinitely high amount is likely to be placed and Casinos are protected against martingale.
Nevertheless, it would be interesting for theory to calculate the amount in relation to the highest known loss sequence.
Example:
Game: Dice Game
Minimum bet: 1 Satoshi
Maximum bet: no limit.
Highest known loss sequence on dice game: ?

Necessary maximum amount for theoretical safe gain: ?

0.1 BTC needed for martingale
Highest known loss sequence on dice game: ? 15 but up to 23 strike loose , if loose x4
Necessary maximum amount for theoretical safe gain: ? 100K sats

[Gotottack]

I know that the martingale system could only win if an infinite amount is available and an infinitely high amount is likely to be placed and Casinos are protected against martingale.
Nevertheless, it would be interesting for theory to calculate the amount in relation to the highest known loss sequence.
Example:
Game: Dice Game
Minimum bet: 1 Satoshi
Maximum bet: no limit.
Highest known loss sequence on dice game: ?

Necessary maximum amount for theoretical safe gain: ?

0.1 BTC needed for martingale
Highest known loss sequence on dice game: ? 15 but up to 23 strike loose , if loose x4
Necessary maximum amount for theoretical safe gain: ? 100K sats

Wow, you haven't gambled too much have you? You can even check the wizardofodds.com to see facts for yourself. 15 - 23 straight losses are not uncommon. It happens and you would not even believe how quick it will happen. There is really no chance anyone can profit from playing dice using a martin gale system.

[yndye]

I wouldn't use martingale if I have a decent balance. If your base bet is just 1satoshi and ended up having a red streak. Would you ever risk the 5btc for that 1satoshi. Also, even if you have infinite balance, how about the limit per bet. Martingale sucks and it's proven for how many years.

I've been burn by martingale too before because I thought that having losing streaks of 20+ is rare so a huge opportunity of earning is very high so I lost big amount because of 1 satoshi base. Some may have been lucky using this strategy but I am never using this strategy again because I have the tendency to be greedy even if I already achieved my target profit cause I wanted to earn more and more.

[Bitinity]

I know that the martingale system could only win if an infinite amount is available and an infinitely high amount is likely to be placed and Casinos are protected against martingale.
Nevertheless, it would be interesting for theory to calculate the amount in relation to the highest known loss sequence.
Example:
Game: Dice Game
Minimum bet: 1 Satoshi
Maximum bet: no limit.
Highest known loss sequence on dice game: ?

Necessary maximum amount for theoretical safe gain: ?

0.1 BTC needed for martingale
Highest known loss sequence on dice game: ? 15 but up to 23 strike loose , if loose x4
Necessary maximum amount for theoretical safe gain: ? 100K sats

Yes 0.1 as your bankroll with x4 on lose and you'll bust very soon. No matter how much your bankroll, martinfail will kill your bankroll sooner or later. Remember that there is a max cap on gambling site, even if you have unlimited bankroll but if you reach the max cap while getting loses streak then you wont be able to continue your martingale.

[gribble]

Well.. we need unlimited of bitcoins to play gambling using strategy martiangle because every time we are lost in gambling,
we must make doubles betting from the first lost and keeps continuous every time losing.
The bad thing from this strategy is no one people around the who have unlimited money, this strategy is never work in gambling
many people have tried this strategy and they just got losing large of money.

Well for me its not the unlimited but when you know how to stop if ever gathered enough of your winnings. Cause even if you have many btc but you dont know when to stop then you just gonna donate your btc to that certain site. Because for me if i have money i always have 200% of my winnings. But even though i almost win there is always the need to gamble more. Even in physical gambling i do martingale and sometimes there are other bankers who could see through that style that sometimes they are preventing it.

Well so if just to know when to stop playing gambling, it is not need martiangle strategy in gambling, we just needs hit and run on gambling games, when getting winning in gambling we must get out from gambling and when we have got losing must stop playing gambling too, we are talking about how many bitcoins needed for martiangle strategy in gambling and not the time for start or stop playing gambling.

[rizkyhiw]

I know that the martingale system could only win if an infinite amount is available and an infinitely high amount is likely to be placed and Casinos are protected against martingale.
Nevertheless, it would be interesting for theory to calculate the amount in relation to the highest known loss sequence.
Example:
Game: Dice Game
Minimum bet: 1 Satoshi
Maximum bet: no limit.
Highest known loss sequence on dice game: ?

Necessary maximum amount for theoretical safe gain: ?

0.1 BTC needed for martingale
Highest known loss sequence on dice game: ? 15 but up to 23 strike loose , if loose x4
Necessary maximum amount for theoretical safe gain: ? 100K sats

Yes 0.1 as your bankroll with x4 on lose and you'll bust very soon. No matter how much your bankroll, martinfail will kill your bankroll sooner or later. Remember that there is a max cap on gambling site, even if you have unlimited bankroll but if you reach the max cap while getting loses streak then you wont be able to continue your martingale.

Martingale never be a good idea to gamble especially in the long run ,
It requires super luck to make you profitable ,
Otherwise i am sure 99 percents you will always fail to achieve profit no matter how hard you are trying ,
Don't be greedy makes you to use martingale it's completely worst strategy ever.

[RedX]

I already tried that in several online gambling sites but it's really not working. Maybe half an hour, you feel like you are controlling the game but a couple of minutes more you are on your maximum bet and poof , all is gone. Huge bankroll also doesn't work because 20x continuing losses only apply but not 20x continuing wins.

[paul00]

I already tried that in several online gambling sites but it's really not working. Maybe half an hour, you feel like you are controlling the game but a couple of minutes more you are on your maximum bet and poof , all is gone. Huge bankroll also doesn't work because 20x continuing losses only apply but not 20x continuing wins.

I not yet experience 20x loosing streak and I don't want too but if you start at the lower price and if you have more btc I think it might work for some time but not as always.

[milewilda]

I already tried that in several online gambling sites but it's really not working. Maybe half an hour, you feel like you are controlling the game but a couple of minutes more you are on your maximum bet and poof , all is gone. Huge bankroll also doesn't work because 20x continuing losses only apply but not 20x continuing wins.

I not yet experience 20x loosing streak and I don't want too but if you start at the lower price and if you have more btc I think it might work for some time but not as always.

If you have big bankroll you will definitely experience 20x or more losing streak even on 1 sat bet you will lose up huge amounts of BTC when 20 or more streaks would hit you this is why martingale is very risky to use specially when you are just letting it on without your appearance because if you decide to leave it to roll and when you come back be ready to see a 0 balance.

[roadbits]

I already tried that in several online gambling sites but it's really not working. Maybe half an hour, you feel like you are controlling the game but a couple of minutes more you are on your maximum bet and poof , all is gone. Huge bankroll also doesn't work because 20x continuing losses only apply but not 20x continuing wins.

I not yet experience 20x loosing streak and I don't want too but if you start at the lower price and if you have more btc I think it might work for some time but not as always.

If you have big bankroll you will definitely experience 20x or more losing streak even on 1 sat bet you will lose up huge amounts of BTC when 20 or more streaks would hit you this is why martingale is very risky to use specially when you are just letting it on without your appearance because if you decide to leave it to roll and when you come back be ready to see a 0 balance.

Martingale method only helps to house edge. you will never get your favour colour after losing back to back bets while using this method. It will make your bankroll empty and leave you. So instead of using this method, you can play a normal game with high bankroll you may make a profit. In sports betting it is possible, but in slot games, it will be very tough to win games using this method.

[dasana212]

There is calculator to enumerate potential to be prepared in martingale. If without limit, the risk we reach is zero balance. Many have proven. I think, if indeed gambler should take another path. And if want to try martingale, you should limit your profits. Because it's make better.

[poplolnman]

I already tried that in several online gambling sites but it's really not working. Maybe half an hour, you feel like you are controlling the game but a couple of minutes more you are on your maximum bet and poof , all is gone. Huge bankroll also doesn't work because 20x continuing losses only apply but not 20x continuing wins.

it's actually works but in temporary time only. i mean in short term you might have a profitable session , but the greedy always there waiting for you . and guess what usually happened? yeah your desire to get more and more winning lead into bigger lossed than what you have earned before. the conclusion are you won't make money no matter how good you are or how large your bankroll it is.

[shintosai]

I know that the martingale system could only win if an infinite amount is available and an infinitely high amount is likely to be placed and Casinos are protected against martingale.
Nevertheless, it would be interesting for theory to calculate the amount in relation to the highest known loss sequence.
Example:
Game: Dice Game
Minimum bet: 1 Satoshi
Maximum bet: no limit.
Highest known loss sequence on dice game: ?

Necessary maximum amount for theoretical safe gain: ?

0.1 BTC needed for martingale
Highest known loss sequence on dice game: ? 15 but up to 23 strike loose , if loose x4
Necessary maximum amount for theoretical safe gain: ? 100K sats

Wow, you haven't gambled too much have you? You can even check the wizardofodds.com to see facts for yourself. 15 - 23 straight losses are not uncommon. It happens and you would not even believe how quick it will happen. There is really no chance anyone can profit from playing dice using a martin gale system.

saddest truth mate things happen even you do your math and you already got a good basis but still its a luck base game and its always depend o how
the house works with their system 23 streak can also be 27 or more than that so how can you recalculate that if you are already in the middle of the
game so there's no exact amount that you need its luck which you can really relied.

[megynacuna]

It all depends on your starting capital, if your starting Bitcoin value is small you can keep doubling for a long time until you eventually win them. I haven't seen a lopsided game for more than 20 times without playing the opposite so I will suggest a martingale value that you can st least double upto the thirtieth time and you should be fine.

[lite]

I know that the martingale system could only win if an infinite amount is available and an infinitely high amount is likely to be placed and Casinos are protected against martingale.
Nevertheless, it would be interesting for theory to calculate the amount in relation to the highest known loss sequence.
Example:
Game: Dice Game
Minimum bet: 1 Satoshi
Maximum bet: no limit.
Highest known loss sequence on dice game: ?

Necessary maximum amount for theoretical safe gain: ?

0.1 BTC needed for martingale
Highest known loss sequence on dice game: ? 15 but up to 23 strike loose , if loose x4
Necessary maximum amount for theoretical safe gain: ? 100K sats

Lol .1 btc won't be enough for martingaling your bets, no one knows how many times they're going to lose. even if say .1 btc was "safe" to martingale with, over time how much profit one's gonna make with 1 satoshi as a base bet?

[Malsetid]

It all depends on your starting capital, if your starting Bitcoin value is small you can keep doubling for a long time until you eventually win them. I haven't seen a lopsided game for more than 20 times without playing the opposite so I will suggest a martingale value that you can st least double upto the thirtieth time and you should be fine.

That would be quite a huge amount if you go to x30 but its the same when you do it in btc or fiat. To at least have a decent chance, you need to have a big capital and expect losses along the way. Though i don't trust martingale to really give me profits because itbhas been proven to be a sham especially if you do it for a long time

[mirakal]

You need to have a bankroll that you can afford to lose because no one has an unlimited money, otherwise we will not gamble.
Actually martingale is just good looking as a betting system but in reality you will still lose in the long run, dice games generate fast results however there is a house edge that will definitely gonna kill our bankroll in the long run.