How many Bitcoins needed for martingale

[Omega Weapon]

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.

Not only you are going to need an unlimited amount of money, no casino allows you to bet an unlimited amount of money, there are limits to how much you can bet in a single roll of a dice so when you come to the point where the amount you need to bet in your martingale system is bigger than the allowed bet then you know that you are going to lose a lot of money.

[JesVarez]

I do not recommend this martingale method, the return or the profit is too small compared to what you can afford to lose, you can lose all of your balance in matter of minutes just to win about 5% of your entire balance, theres better methods out there but I never liked this martingale one. Good luck if you decide otherwise.

[serjent05]

I do not recommend this martingale method, the return or the profit is too small compared to what you can afford to lose, you can lose all of your balance in matter of minutes just to win about 5% of your entire balance, theres better methods out there but I never liked this martingale one. Good luck if you decide otherwise.

Liking or not depends on the person's perspective.  For me martingale is a good method, saving you from headaches of thinking strategy.  This martingale is no difference than any method since all method need to win against the system.  If you know when to quit in martingale, you will alway book a good profit from it but if you do not know when and you keep the dice rollin continously then definitely you will lose everything.

[JesVarez]

I do not recommend this martingale method, the return or the profit is too small compared to what you can afford to lose, you can lose all of your balance in matter of minutes just to win about 5% of your entire balance, theres better methods out there but I never liked this martingale one. Good luck if you decide otherwise.

Liking or not depends on the person's perspective.  For me martingale is a good method, saving you from headaches of thinking strategy.  This martingale is no difference than any method since all method need to win against the system.  If you know when to quit in martingale, you will alway book a good profit from it but if you do not know when and you keep the dice rollin continously then definitely you will lose everything.

You could be right, in my case, Ive had a bad expierence with it, it might be because I never knew when to "stop" my gambling.
Ive seen people that do this method to win about $10-$50 per day and then they stop for the day. Its just that a lot of people dont know when to quit, which will be my case.

[13abyknight]

I do not recommend this martingale method, the return or the profit is too small compared to what you can afford to lose, you can lose all of your balance in matter of minutes just to win about 5% of your entire balance, theres better methods out there but I never liked this martingale one. Good luck if you decide otherwise.

That might be your opinion on Martingale but in most dice casinos, I've seen people multiplying their balance by multiple folds by using this method. Given that the loss streak doesn't hit, you are guaranteed profit and it doesn't matter if it's 5% because with a 50 BTC bankroll, you're making 2.5 BTC profit which is quite a lot. Also, probability clearly tells that the chances of busting is very low with increase in the number of bets in this method.

[boerthwi]

 

I agree to the others, a pure Martingale will never lead to a win in the long-term.

But what does long-term mean?
In my experience, i was able to increase my bankroll from 0.01 to 0.16 in about 3 weeks. I made 10% Profit daily and then quit. Sure, a longer losing streak
can always accure, but if you Play at low bets, it might last for a while.

My Tips?
Change the seeds often. Change bet Odds and starting bets.

But the MOST important...

1. Know when to stop.
It's ok to lose. If a long losing streaks kicks in, it's very likely to kill your whole Balance. Stop it before.

2. Use prerolls.
For example: You decide for a payout of 2. Bet 1 Satoshi and wait for a losing streak of 4 or 5 and THEN start with your main bet. From this Point, Martingale till you win and start again.

3. Change between Dicing sites - i recommend bitsler and primedice.


And last but not least...

YES, I've also lost my whole Balance since i was too greedy   but that's gambling, right?

[NorrisK]

I do not recommend this martingale method, the return or the profit is too small compared to what you can afford to lose, you can lose all of your balance in matter of minutes just to win about 5% of your entire balance, theres better methods out there but I never liked this martingale one. Good luck if you decide otherwise.

The returns are even worse, because for every "streak" you do, you only win your initial bet.

This also means that if you are at say bet 10, you are risking 1024x your initial bet, just to win your initial bet to start with (and ofcourse the rest that you lost along the way).

That is simply mental. It only works in a vacuum.

[cryp24x]

I think it depends on how long of consecutive lost are you planning to beat.  YOu just simply calculate the base bet and the multiplier then add all of them.  That is the amount you need to widthstand a certain losing streak.

[michkima]

I think it depends on how long of consecutive lost are you planning to beat.  YOu just simply calculate the base bet and the multiplier then add all of them.  That is the amount you need to widthstand a certain losing streak.

It doesn't just depend on the consecutive losing streak, because no one can predict how long a losing streak anyone can lose in a martin gale system.
Even if you set something like 10 losses and that is it, it doesn't guarantee you will not lose on the very first few bets you make.

[Omega Weapon]

I do not recommend this martingale method, the return or the profit is too small compared to what you can afford to lose, you can lose all of your balance in matter of minutes just to win about 5% of your entire balance, theres better methods out there but I never liked this martingale one. Good luck if you decide otherwise.

The martingale method is very bad because the more money you bet the greater you are affected by the house edge, if the house edge is 2% and your average bet is 0.001BTC then supposing you make 10 bets every minute then you are going to lose 0.002 BTC on average  every ten minutes but with martingale your average bet is going to go through the roof and with it your losses.

[mace15]

I think it depends on how long of consecutive lost are you planning to beat.  YOu just simply calculate the base bet and the multiplier then add all of them.  That is the amount you need to widthstand a certain losing streak.

It doesn't just depend on the consecutive losing streak, because no one can predict how long a losing streak anyone can lose in a martin gale system.
Even if you set something like 10 losses and that is it, it doesn't guarantee you will not lose on the very first few bets you make.

Whatever strategy you have it will not take long to win that strategy. Yes, no one can actually predict the winning bets even you change pattern. Somehow, you will lose eventually Ive tried many strategy even martingale no one works. It really depends on your luck and analyzation every bets you made.

[szpalata]

I do not recommend this martingale method, the return or the profit is too small compared to what you can afford to lose, you can lose all of your balance in matter of minutes just to win about 5% of your entire balance, theres better methods out there but I never liked this martingale one. Good luck if you decide otherwise.

The martingale method is very bad because the more money you bet the greater you are affected by the house edge, if the house edge is 2% and your average bet is 0.001BTC then supposing you make 10 bets every minute then you are going to lose 0.002 BTC on average  every ten minutes but with martingale your average bet is going to go through the roof and with it your losses.

Well martingale can be good if you only have an unlimited bankroll because the game cannot keep bringing a single outcome throughout the day it will definitely change its lines and so if you have s lot of money that you can be doubling after every loss then martingale will work for you else just forget about it because you can get bankrupt along the way.

[roomfirst]

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: ?

Are you sure with that minimum bet 1 satoshi ? That is really small and your profit will be small too, even its more safety using that way. Actually more higher your bankroll, more safety that you got. Because you still can run even you got 10 lose streak or even more. I think the minimum balance is 1-5bitcoin and with base bet 0.001, you can do it for long run.

[Mike Mayor]

How long is a piece of string ? It depends how long you want to play for really. The more you have the longer it takes to eventually bust. So you must hope for good luck you make good profits before then and then decide if it's enough or not and if you want to carry on.

So there really is no real answer. I think the best answer to the question would be that it depends on what you willing to lose.

[Omega Weapon]

I do not recommend this martingale method, the return or the profit is too small compared to what you can afford to lose, you can lose all of your balance in matter of minutes just to win about 5% of your entire balance, theres better methods out there but I never liked this martingale one. Good luck if you decide otherwise.

The martingale method is very bad because the more money you bet the greater you are affected by the house edge, if the house edge is 2% and your average bet is 0.001BTC then supposing you make 10 bets every minute then you are going to lose 0.002 BTC on average  every ten minutes but with martingale your average bet is going to go through the roof and with it your losses.

Well martingale can be good if you only have an unlimited bankroll because the game cannot keep bringing a single outcome throughout the day it will definitely change its lines and so if you have s lot of money that you can be doubling after every loss then martingale will work for you else just forget about it because you can get bankrupt along the way.

But that is exactly the problem not even the richest person in the world has an infinite bankroll and even if you had millions of dollars to spare, the casino is going to put a limit to how much you are allowed to bet so at the end martingale like most gambling systems is not able to bring you profits which is understandable since the odds are against you from the beginning.

[milewilda]

I do not recommend this martingale method, the return or the profit is too small compared to what you can afford to lose, you can lose all of your balance in matter of minutes just to win about 5% of your entire balance, theres better methods out there but I never liked this martingale one. Good luck if you decide otherwise.

The martingale method is very bad because the more money you bet the greater you are affected by the house edge, if the house edge is 2% and your average bet is 0.001BTC then supposing you make 10 bets every minute then you are going to lose 0.002 BTC on average  every ten minutes but with martingale your average bet is going to go through the roof and with it your losses.

Well martingale can be good if you only have an unlimited bankroll because the game cannot keep bringing a single outcome throughout the day it will definitely change its lines and so if you have s lot of money that you can be doubling after every loss then martingale will work for you else just forget about it because you can get bankrupt along the way.

But that is exactly the problem not even the richest person in the world has an infinite bankroll and even if you had millions of dollars to spare, the casino is going to put a limit to how much you are allowed to bet so at the end martingale like most gambling systems is not able to bring you profits which is understandable since the odds are against you from the beginning.

Casinos would really normally restrict you on doing that on which you would able to bet huge sums of money already by using martingale. Having lots of money isnt really a guarantee that you would have infinite bankroll on a certain site or physical casino. Using martingale will count up without limits if losing streaks would hit you. Doubling every loss will surely result on big amounts too.

[BossMacko]

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.

[JL421]

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

[iv4n]

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

Stop profit? Do you know if you set up that in one moment you will lose most of you chips and auto betting will just stop on your loss. 0.1 is sufficient for martingale strategy but its perfectly good amount for betting. With that amount I would play some more serious game, black jack, roulette, slots. Dices are interesting game but I wouldn't risk more then 10 mBTC on that game ever again, I lost much more bitcoins then I won in that game and I said it to myself no more. Now I play dices just for fun, and if I make double I immediately stop and withdraw, I play without specific strategy, I watch history and I try to hit numbers that I didn't see with highest possible odd, and I play with every next bet doubled, and sometimes ibhsve luck sometimes not, that are dices tricky game.

[chris200x9]

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.