How many Bitcoins needed for martingale

[maeusi]

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: ?

[BigBoy89]

Just use the Search function.

If I recall it correct, on 49/50 the biggest losing steak was OVER 20. Which is enormous amount of money if you play even with 1 satoshi starting bet. And it's pointless to lose your time on 1 satoshi bets. More over most sites have timing limits for bets under 100 satoshi, making you to wait 1-2 second between bets.

[shield132]

Again there are better strategies than poor martingale. In math there is a chanse of everything but on huge amount of money there is high percent that you will win but remember, there is also % of loss and there is a chanse that this very small percent, even if it will be 0.000001%, it's a chanse of lose and it will be fair even if that lose will happen.
Also if we have huge amount of bitcoins, I think we wouldn't play.

[CARrency]

I'd prefer if you will be gambling using martingale, use a bank roll at .6 to .7, then make a bet at a 1000 satoshis. Well, you can just auto roll, let the bot do the thing, after that you will realize you are losing, realize you must not done it and then regret it. Hope it helps. BTW, you may realize that after your balance reach .1 to .2 so you can still stop yourself.

[machinek20]

The one that I knew the highest lost was 28 streak, and I dont think it is worth to bet a high amount just to get 1 satoshi, and no matter how much you owned you can never win the game, and the calculation of safe gain never work, it works for one or two times but long run it was failed

[Caladonian]

The one that I knew the highest lost was 28 streak, and I dont think it is worth to bet a high amount just to get 1 satoshi, and no matter how much you owned you can never win the game, and the calculation of safe gain never work, it works for one or two times but long run it was failed

correct just even how hard you will try but it wont assure you to win against the house its a fail strategy back then and it wont be a profitable way,
so if you are a risk taker and still wants to proceed better to expect the unexpected result 28 losing streak maybe more will follow.

[Omega Weapon]

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: ?

You are missing the point, there is not a theoretical safe bet you could calculate, if you based your martingale in 20 losses in a row, what will happen when you lose that 21 time in a row? You lose everything, then you may try with 40 times in a row, that will be safer since that is harder to happen but it  will eventually happen, in a universe with enough time the weirdest things will happen, losing 40 times in a row is not a big deal.

[Oilacris]

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: ?

Bitcoins needed? Depending on your base bet and if you are talking about 1 sat then i would say having a bigger bankroll would give you the edge but its not permanent.Losing streaks will be your worst nightmare or enemy as far as i know and seen in the past on having 25x lose streak we wont know if theres other higher than that which would really blow out your account if you dont have sufficient balance on using 1 sat. Lets say that 100 btc would be enough on playing such technique  Just joking.

[mrcash02]

With a more than 10 BTC bankroll you can survive for 29 consecutive losses, on the 30º you need to win otherwise you lose all the Bitcoins... It's not a good deal to risk such amount for 1 satoshi profit. Better to mix your gameplay with another strategies.

0.00000001
0.00000002
0.00000004
0.00000008
0.00000016
0.00000032
0.00000064
0.00000128
0.00000256
0.00000512
0.00001024
0.00002048
0.00004096
0.00008192
0.00016384
0.00032768
0.00065536
0.00131072
0.00262144
0.00524288
0.01048576
0.02097152
0.04194304
0.08388608
0.16777216
0.33554432
0.67108864
1.34217728
2.68435456
5.36870912

[iram1011]

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.

[piloder]

With a more than 10 BTC bankroll you can survive for 29 consecutive losses, on the 30º you need to win otherwise you lose all the Bitcoins... It's not a good deal to risk such amount for 1 satoshi profit. Better to mix your gameplay with another strategies.

This proves martingale is just waste of time and money, there is no any strategy that will work for long time including this martingale. I have tried some martingale strategy in bustabit before but I lost more than half bitcoin within 12 hour for 1000 satoshi profit per round.  

[serjent05]

The need of the Bitcoin depends on the multiplier, if your multiplier is at the minimum, you need not to have the same amount of BTC you need with the higher multiplier.  And this does not mean that you can play martingale infinitely.  There are times where you can hit more than 30 losing streak and that means you need bigger bankroll for this.  And I think, if you want to play martingale infinitely, the whole BTC won't be enough.

[subSTRATA]

With a more than 10 BTC bankroll you can survive for 29 consecutive losses, on the 30º you need to win otherwise you lose all the Bitcoins... It's not a good deal to risk such amount for 1 satoshi profit. Better to mix your gameplay with another strategies.

0.00000001
0.00000002
0.00000004
0.00000008
0.00000016
0.00000032
0.00000064
0.00000128
0.00000256
0.00000512
0.00001024
0.00002048
0.00004096
0.00008192
0.00016384
0.00032768
0.00065536
0.00131072
0.00262144
0.00524288
0.01048576
0.02097152
0.04194304
0.08388608
0.16777216
0.33554432
0.67108864
1.34217728
2.68435456
5.36870912

that's not correct. all you've shown is the bets that would result as the number of losses increases given a 1 satoshi bet on a 50 / 50 roll doubling on loss. first off, you didnt take into account that the bankroll decreases as you lose consecutive bets, and thus your last 'roll' would be a lot lower than you think to present it here.

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.

two things come to mind: gambler's fallacy and that its probably the first strategy that newcomers think of that both automate betting and seems to provide a relatively safe method of stable betting. I think its something that just about everyone that people just getting into the gambling scene try out at least a few times.

[mrcash02]

With a more than 10 BTC bankroll you can survive for 29 consecutive losses, on the 30º you need to win otherwise you lose all the Bitcoins... It's not a good deal to risk such amount for 1 satoshi profit. Better to mix your gameplay with another strategies.

This proves martingale is just waste of time and money, there is no any strategy that will work for long time including this martingale. I have tried some martingale strategy in bustabit before but I lost more than half bitcoin within 12 hour for 1000 satoshi profit per round. 

Yes, especially because at some point you will be risking 1 Bitcoin or more just to earn 1 satoshi profit...

And there is no way to avoid this, if you increase your profit like you did (let's say start betting from 1000 satoshis) you will decrease the number of consecutive losses you can afford. The system works perfectly at house's favour.  

that's not correct. all you've shown is the bets that would result as the number of losses increases given a 1 satoshi bet on a 50 / 50 roll doubling on loss. first off, you didnt take into account that the bankroll decreases as you lose consecutive bets, and thus your last 'roll' would be a lot lower than you think to present it here.

That is just the amount bet each turn, not the total loss.

To perform that game with 30 rolls you would need more than 10 BTC on your bankroll. I don't know if I understood you correctly...

[moooonu]

Any amount of bitcoins aren't enough for martingale as it will end in bust at the end. No matter how safe you feel with lowering the basebet you will still bust in the end. I have seen a player making around 50btc with martingaling day and night for months and then one day loose streak came and he busted  almost all.

[preevi]

As much as you have,  you can use all your bitcoin
Because martingale strategy need much balance to get profit
Not only need big balance you should have big luck
Or you will lose all your balance with this strategy

[michkima]

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: ?

Theoretically you need unlimited amounts of bitcoins to profit from a martin gale system in the long run.

A martin gale system assumes that you can cover the next bet each time you lose. Just to illustrate at your 1 satoshi bet you would only need to lose a straight 30 times and you bet is already at 10 BTC. Using a standard martin gale, that would mean you bet 10 BTC to just get back that 1 satoshi.

[LuanX3]

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: ?

Theoretically you need unlimited amounts of bitcoins to profit from a martin gale system in the long run.

A martin gale system assumes that you can cover the next bet each time you lose. Just to illustrate at your 1 satoshi bet you would only need to lose a straight 30 times and you bet is already at 10 BTC. Using a standard martin gale, that would mean you bet 10 BTC to just get back that 1 satoshi.

It is not worth it really. I tried before to do a martin gale system with the exact parameters. With only 0.1 BTC as bank roll.
I was winning at first and probably got about 1mbtc for it. Then it all went south and I lost everything on the next morning.
Martin gale doesn't work, a lot of people have already proved this.

[klf]

As much as you have,  you can use all your bitcoin
Because martingale strategy need much balance to get profit
Not only need big balance you should have big luck
Or you will lose all your balance with this strategy

If you use all your bitcoins in martingale method then mostly you will lose all your bitcoins in one go for sure because in this method no one can tell you how many continuous losses you can get while playing so you should have the unlimited bankroll for that to happen otherwise you will mostly lose all your bankroll. Don't waste your money in experimenting such a dangerous method. Just play with a small bankroll and check your luck.

[michkima]

As much as you have,  you can use all your bitcoin
Because martingale strategy need much balance to get profit
Not only need big balance you should have big luck
Or you will lose all your balance with this strategy

If you use all your bitcoins in martingale method then mostly you will lose all your bitcoins in one go for sure because in this method no one can tell you how many continuous losses you can get while playing so you should have the unlimited bankroll for that to happen otherwise you will mostly lose all your bankroll. Don't waste your money in experimenting such a dangerous method. Just play with a small bankroll and check your luck.

Yeah it is a waste of time. It is quite better to just bet your money on 50% and all in it than doing martin gale. Doing an all in is quite
just the same as doing a martin gale on your whole amount. It is quicker and a possibly more profitable than just martin gale-ing it.