How many Bitcoins needed for martingale

[Bitinity]

It depends on your bet amount you told you will start from 1 satoshi then 0.1 bitcoin would be sufficient you surely need to set a stop profit amount if you don't do that you will make nice profit but just one lost roll can ruin everything don't be greedy with this strategy and don't forget to set a stop profit

I think for martingale method you must have an unlimited bankroll to make sure you will win always otherwise no way you can win money from this method. You don't know when your losing streak will start in this method and eat away you 0.1 bankroll. Dice game is only good for fun not for making money and no methods will work in this game.

Unlimited bankroll will not make you always win doing martingale, there will come the time when you reach the max profit per bet on the casino and you will need to start again and again.

[Caladonian]

It depends on your bet amount you told you will start from 1 satoshi then 0.1 bitcoin would be sufficient you surely need to set a stop profit amount if you don't do that you will make nice profit but just one lost roll can ruin everything don't be greedy with this strategy and don't forget to set a stop profit

I think for martingale method you must have an unlimited bankroll to make sure you will win always otherwise no way you can win money from this method. You don't know when your losing streak will start in this method and eat away you 0.1 bankroll. Dice game is only good for fun not for making money and no methods will work in this game.

Unlimited bankroll will not make you always win doing martingale, there will come the time when you reach the max profit per bet on the casino and you will need to start again and again.

That's right and that's the reason why house put the maximum bets so they can be assured that they won't experience a big loss with a type of a gamble with a big bankroll or an unlimited bankroll better to make sure that they always have an edge bankroll always wins that's the reality.

[phr0stbyt3]

Martingle is the worst strategy in gambling it's impossible to win with this strategy these strategies are free money for the site or the casino martingle strategy doesn't provide much chances of winning and if you try it with few funds after every win no matter what you get 2 losses which will take up all your bankroll

[EdenHazard]

In a 49% chance expect a losing streak 50+ even 1 BTC is not enough if you are going to use martingale as your strategy even if you start with 1 satoshi. There are many better strategies than martingale. Sometimes you need to combine some of strategies to make a better one but you can only use it sometimes because if you will do it everyday in the end you will lose every balance you have.

yes that is true , people should realize soon about the danger using martingale.

otherwise your money will get burned no matter how much available. keep doubling your bet are not the best and smart way to gamble , it is just make your situation even more messed up. everybody nowadays have know already about this , don't get greedy and make a stupid martingale useless strategy.

[mirakal]

Martingle is the worst strategy in gambling it's impossible to win with this strategy these strategies are free money for the site or the casino martingle strategy doesn't provide much chances of winning and if you try it with few funds after every win no matter what you get 2 losses which will take up all your bankroll

It's one of the best method and I think it's one of the popular in betting method in gambling, in dice I use martingale but I do realize this does not gonna work in a longer period of time because the house edge is something we cannot beat whatever method we have.
This would work if you are lucky and you have a decent bankroll at the same time, but it's only for short term so you have to be discipline to execute your short term plan and stop outright when you win.

[MANCRYPTOS]

1) Martingale for me is not method because it is an easy X2 double only
2) To play with Martingale you need unlimited balance to recover losses
3) The martingale is for short usage betting
4) My suggestion is not used martingale. Better is to use low % win chance

[Omega Weapon]

It depends on your bet amount you told you will start from 1 satoshi then 0.1 bitcoin would be sufficient you surely need to set a stop profit amount if you don't do that you will make nice profit but just one lost roll can ruin everything don't be greedy with this strategy and don't forget to set a stop profit

I think for martingale method you must have an unlimited bankroll to make sure you will win always otherwise no way you can win money from this method. You don't know when your losing streak will start in this method and eat away you 0.1 bankroll. Dice game is only good for fun not for making money and no methods will work in this game.

Correct dice is not a game that you can beat with skill or anything like that, the only way I can think you could beat it is if you found a bug in the code or something that allowed you to know beforehand what number is going to be the next but the chances of finding something like that are very low since you will need a great deal of knowledge about computers and that a particular dice game was poorly coded.

[sportbettor]

About the results of applying Martingale's method In practice can be read here: http://sportstatist.com/the-pitfalls-of-martingale-money-management-strategy/

[sukamasoto]

Just stop when you feel it's time to stop since martiangle will make you loss if you keep running them in long term.
Martiangle usually provide quick profit on short term so even with 1 satoshi, you're able win up to 0.01 which I'm consider as " enough " rather than regret

[treather]

All the bitcoins in the world is not enough for the martingale system. It is a failed and very dangerous system. If you have a large amount of coins, hold it
 It is far better than martingale.

[BitcoinSupremo]

If you have let's say about 100.000 bitcoins and start the game with 0.01 btc per bet in sport betting with odds 2 or more, I am pretty sure you will come out as a winner but the amount will be low and all the stress you will be having until you have a win it is not worth it. Martingale works when you have a really large bankroll and only in sport betting , used to work on roulette but many casinos have betting limits there so you can't use it.

[gabmen]

All the bitcoins in the world is not enough for the martingale system. It is a failed and very dangerous system. If you have a large amount of coins, hold it
 It is far better than martingale.

If you're that greedy then yeah you're right. You're just going to keep on betting and betting whether you win or not. You're certain to win with martingale but the problem is up until when are you will to play? Because every round, the bets keep on increasing so you risk losing a bigger amount the next time you bet

[Omega Weapon]

In a 49% chance expect a losing streak 50+ even 1 BTC is not enough if you are going to use martingale as your strategy even if you start with 1 satoshi. There are many better strategies than martingale. Sometimes you need to combine some of strategies to make a better one but you can only use it sometimes because if you will do it everyday in the end you will lose every balance you have.

yes that is true , people should realize soon about the danger using martingale.

otherwise your money will get burned no matter how much available. keep doubling your bet are not the best and smart way to gamble , it is just make your situation even more messed up. everybody nowadays have know already about this , don't get greedy and make a stupid martingale useless strategy.

People get fooled very easily thanks to their greed, some promote martingale as a strategy that wins 99% of the time, people see this and get excited and think they have found a way to beat the casino, but what those people never tell you is that when you hit that 1% you are going to lose your entire bankroll and that is why we got so many stories about people losing their money with such a flawed strategy.

[chris200x9]

All the bitcoins in the world is not enough for the martingale system. It is a failed and very dangerous system. If you have a large amount of coins, hold it
 It is far better than martingale.

What you said is correct. We need unlimited Bitcoin or any other coins to play martingale method because no one knows how many maximum continuous losses you can get while using this method. That's why always gambling houses make money and players lose. Spend only limited money on these games don't be greedy to earn an easy money.

[rickadone]

All the bitcoins in the world is not enough for the martingale system. It is a failed and very dangerous system. If you have a large amount of coins, hold it
 It is far better than martingale.

What you said is correct. We need unlimited Bitcoin or any other coins to play martingale method because no one knows how many maximum continuous losses you can get while using this method. That's why always gambling houses make money and players lose. Spend only limited money on these games don't be greedy to earn an easy money.

Those folks who think that martingales or any other strategy can win those bitcoins in random games like the dice or slots are just wasting their time. This strategy does not guarantee you victory but it is just a way to recover your losses and earn profit if you are lucky to win at least one shot.

[buyinbtc]

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: ?

I really wouldn't recommend you to use martingale strategy, even if you had 10 bitcoins to bet. It is simple too risky and time wasting... It is faster to simply do all in on 50/50 and ether win or lose. I saw people got 25 and more lose streaks which made them to lose everything.

[hatshepsut93]

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: ?

It doesn't really matter how you bet, there will never be a safe bet (that would mean free money for players and free loss for casino). The safest bet you can get on dice sites would have 98-99% chance to win, but the payout would be extremely small, so to get any decent returns, you would have to make huge bets, and with each bet you will be risking to lose it all. And your Expected Value will always be the same, not matter which strategy do you use, so in the long run you can expect pretty close results from all strategies.

[pixie85]

2) To play with Martingale you need unlimited balance to recover losses

Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway.

[Skarner21]

2) To play with Martingale you need unlimited balance to recover losses

Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway.

I think also betting sytem like in dice game has limited of maximum of sometimes 0.1 maximum bets to 1 btc so unlimited will never recover your loses you will just losing all of your money and bitcoin for nothing using martingale and gambling is just for lucky person if you are not lucky you will not make any profit..
So better to gamble that you can afford to lose play for entertainment or fun not for making dream and make a large profit in gambling..

[pixie85]

2) To play with Martingale you need unlimited balance to recover losses

Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway.

I think also betting sytem like in dice game has limited of maximum of sometimes 0.1 maximum bets to 1 btc so unlimited will never recover your loses you will just losing all of your money and bitcoin for nothing using martingale and gambling is just for lucky person if you are not lucky you will not make any profit..
So better to gamble that you can afford to lose play for entertainment or fun not for making dream and make a large profit in gambling..

You're right. It only makes things more interesting. Instead of betting the same amount all the time you're varying bets based on the outcome of the previous rolls, but in reality your chances remain the same. Martingale gives players fake hope.