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Author Topic: Martingale for win, my own experience  (Read 1112 times)
CryptoProphet (OP)
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February 22, 2018, 05:49:35 AM
Last edit: February 22, 2018, 06:09:43 AM by CryptoProphet
 #1

Hi,
I try to play on http://oddevenbets.com

I want try martingale strategy now..


My next 10 bets!
Great result, 7 win, 3 lose Grin




Look this! Martingale works fine Grin



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February 22, 2018, 06:29:53 AM
 #2

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.

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February 22, 2018, 06:37:26 AM
 #3

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.

I like gambling and risk.
Yes, I wait confirmation of my winnings Smiley
I will play again soon.
Need take a cup of coffee Smiley
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February 22, 2018, 06:46:11 AM
 #4

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.

I like gambling and risk.
Yes, I wait confirmation of my winnings Smiley
I will play again soon.
Need take a cup of coffee Smiley
Don't tell us about how good your results so far but tell us about how your martingale makes you feel so crazy to bet more and more , until that time you might feel happy with the profit you've got now, I personally think that martingale just bring a short term winning followed by a real nightmare in the end. Quick winning but also quicker to lost.

I'm in 400,000 euros debt , dont help me , i rather die
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February 22, 2018, 06:49:46 AM
 #5

Hi,
I try to play on http://oddevenbets.com

I want try martingale strategy now..


My next 10 bets!
Great result, 7 win, 3 lose Grin




Look this! Martingale works fine Grin





So please go on, continue your martingale even with bigger bet if you really think it works fine! We will see what you get in the end?
To be honest I'm not really sure what is the main purpose of this thread, just want to share you experience or are you trying to promote oddevenbets?

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February 22, 2018, 07:06:06 AM
 #6

Hi,
I try to play on http://oddevenbets.com

I want try martingale strategy now..


My next 10 bets!
Great result, 7 win, 3 lose Grin




Look this! Martingale works fine Grin





So please go on, continue your martingale even with bigger bet if you really think it works fine! We will see what you get in the end?
To be honest I'm not really sure what is the main purpose of this thread, just want to share you experience or are you trying to promote oddevenbets?

Ok, I will play again soon.
I just want to share my experience only because I like blockchain based games.
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February 22, 2018, 07:13:45 AM
 #7

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.

I like gambling and risk.
Yes, I wait confirmation of my winnings Smiley
I will play again soon.
Need take a cup of coffee Smiley
Don't tell us about how good your results so far but tell us about how your martingale makes you feel so crazy to bet more and more , until that time you might feel happy with the profit you've got now, I personally think that martingale just bring a short term winning followed by a real nightmare in the end. Quick winning but also quicker to lost.

my new results Grin

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February 22, 2018, 07:24:15 AM
 #8

Don’t listen to this guy.

Martingale is a shit as it has been shown on this board many times but every now and then we get someone trying to persuade people that it is a good strategy.

It is a shitty strategy because you increase your risk exponentially to win just the initial amount, and in the long run long losing streaks happen. Full stop.

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February 22, 2018, 07:24:25 AM
 #9

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.

I like gambling and risk.
Yes, I wait confirmation of my winnings Smiley
I will play again soon.
Need take a cup of coffee Smiley
Don't tell us about how good your results so far but tell us about how your martingale makes you feel so crazy to bet more and more , until that time you might feel happy with the profit you've got now, I personally think that martingale just bring a short term winning followed by a real nightmare in the end. Quick winning but also quicker to lost.

my new results Grin

https://i.imgur.com/8XGAmI7.png

Don't you realize that you are close to the max bet allowed on the site? You are just so lucky to win before you reach the max bet, once you reach the max allowed bet = martinfail. What will you do then if you get losing streak till you reach the max bet allowed?
Most gamblers knows that martingale will just eat your balance sooner or later, but if you think it is impossible to get long losing streak then keep on betting with it and dont cry later.

.
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February 22, 2018, 07:36:09 AM
 #10

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.

I like gambling and risk.
Yes, I wait confirmation of my winnings Smiley
I will play again soon.
Need take a cup of coffee Smiley
Don't tell us about how good your results so far but tell us about how your martingale makes you feel so crazy to bet more and more , until that time you might feel happy with the profit you've got now, I personally think that martingale just bring a short term winning followed by a real nightmare in the end. Quick winning but also quicker to lost.

my new results Grin

https://i.imgur.com/8XGAmI7.png

Don't you realize that you are close to the max bet allowed on the site? You are just so lucky to win before you reach the max bet, once you reach the max allowed bet = martinfail. What will you do then if you get losing streak till you reach the max bet allowed?
Most gamblers knows that martingale will just eat your balance sooner or later, but if you think it is impossible to get long losing streak then keep on betting with it and dont cry later.

yes, lucky Smiley
What think if modify Martingale? make some changes

1,2,3,4 bets is min only
 after this series need use martingale
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February 22, 2018, 09:10:27 AM
 #11

Don’t listen to this guy.

Martingale is a shit as it has been shown on this board many times but every now and then we get someone trying to persuade people that it is a good strategy.

It is a shitty strategy because you increase your risk exponentially to win just the initial amount, and in the long run long losing streaks happen. Full stop.


It looks like he may be new to gambling so excited after seeing seven wins in ten bets. He will soon or later open up another thread saying that don't use this martingale method for sure once he gets seven or more continuous losses using this method. It is a common thing to get exciting when they make easy money in few seconds so just wait for his another thread.
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February 22, 2018, 09:17:54 AM
 #12

what you say is like winning a coin flip once and then saying your "strategy" works and you will always win it. one of the things about gambling is that you sometimes win and sometimes lose. you are right now on the "winning" side of that process and you will soon see the losing side. not to mention that during this journey there is one thing that ensures your loss and it is called "house edge". you can not win in long run when it comes to gambling like this.
when using martingale you are just giving yourself some false hope since you get lucky sometimes. but 1 losing streak (which can even be as big as 40 reds in a row) is enough to wipe out all your money and all you have won so far.

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February 22, 2018, 09:38:30 AM
 #13

There's a thread about this martingale strategy and you can read some feedback about how it worked and how it didn't work for them https://bitcointalk.org/index.php?topic=610339.2100 it might have worked for you but it will not work to everyone. You are a gambler and you should know that its a game of chance. I tried it when I was new and curious about the strategy and no, it didn't work for me.
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February 22, 2018, 10:54:17 AM
 #14

There's a thread about this martingale strategy and you can read some feedback about how it worked and how it didn't work for them https://bitcointalk.org/index.php?topic=610339.2100 it might have worked for you but it will not work to everyone. You are a gambler and you should know that its a game of chance. I tried it when I was new and curious about the strategy and no, it didn't work for me.

It's not really a question if martingale 'works' or not, martingale does work, it's simple. You cover your losses by doubling your next bet, what's not to work?

It being profitable in the long run is a different thing...
You would need a literally infinite bankroll for it. Losing streaks that last +10 turns aren't that uncommon and I've also seen +20 turn losing streaks.

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February 22, 2018, 10:58:09 AM
 #15

when using the martingale risk strategy on subsequent transactions always increases with increasing loss. The main rule of this martingale strategy is when you make a lot of transactions (n) lot and the result is loss, then the next transaction uses lot 2 times as much (2n). So when the last transaction profit, then the profit is able to cover all losses from previous transactions.

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February 22, 2018, 11:03:10 AM
 #16

Don’t listen to this guy.

Martingale is a shit as it has been shown on this board many times but every now and then we get someone trying to persuade people that it is a good strategy.

It is a shitty strategy because you increase your risk exponentially to win just the initial amount, and in the long run long losing streaks happen. Full stop.


It looks like he may be new to gambling so excited after seeing seven wins in ten bets. He will soon or later open up another thread saying that don't use this martingale method for sure once he gets seven or more continuous losses using this method. It is a common thing to get exciting when they make easy money in few seconds so just wait for his another thread.

In simple word, i will say he is a just lucky guy that's it. but luck will not stay with us a long time as you told in few days he maybe open a new thread regarding his worst experience in this Martingale strategy. This strategy is too dangerous it will eat our coins in just a few minutes.
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February 22, 2018, 11:28:02 AM
 #17

So please go on, continue your martingale even with bigger bet if you really think it works fine! We will see what you get in the end?
If he has big bankroll then there's a big chance that he can have a positive outcome if not, we know where he is going.  Roll Eyes
To be honest I'm not really sure what is the main purpose of this thread, just want to share you experience or are you trying to promote oddevenbets?
Same thoughts but I guess it's dual purpose.
Getting to the topic, when seeing gamblers who are sharing their positive martingale experience I'm thinking that it's unfair. Am I the only one here that martingale doesn't work when I'm trying it out?

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February 22, 2018, 12:31:00 PM
 #18

Hi,
I try to play on http://oddevenbets.com

I want try martingale strategy now..


My next 10 bets!
Great result, 7 win, 3 lose Grin




Look this! Martingale works fine Grin





I would raise a red flag right there and warn you not to get carried right away. Yes there are many cases where people have made a case for winning from martingale only to return on later and tell us how they were destroyed.

Well you're lucky that it worked so far, but op be warned your greed and over excitement can be very fatal.

I would advise you caution rest I feel you're smart enough.
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February 22, 2018, 05:12:25 PM
 #19

Well, i'd listen to what people are saying in this thread if i were you dude. Martingale keeps your hopes high but you need to have a lot of capital to make it work and even then, one or two rolls may be a disappointing bust for you.

 
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February 22, 2018, 05:35:07 PM
 #20

Well, i'd listen to what people are saying in this thread if i were you dude. Martingale keeps your hopes high but you need to have a lot of capital to make it work and even then, one or two rolls may be a disappointing bust for you.
Martingale is just a tradition way on making bets which it would work for sometime which it is really just depending on our luck.We should not hope too much on using it frequently because using martingale and you do experience a sequence of loss will really wipe out your entire balance without any doubts.Cherish those winnings for this day and dont be greedy.

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February 22, 2018, 05:39:02 PM
 #21

Well, i'd listen to what people are saying in this thread if i were you dude. Martingale keeps your hopes high but you need to have a lot of capital to make it work and even then, one or two rolls may be a disappointing bust for you.
It works for him today but if this will be continued and he's lack of funds to gamble, its a sad ending for him. I don't give hate or bad feed back for those fellow gamblers who are winning with this strategy but like others who are giving you a warning, you should be cautious and its not a forever win so be careful and happy gambling.  Wink

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February 22, 2018, 05:49:31 PM
 #22

Of course any system will make you win, but in the long run you will lose everything eventually. I applied martingale to baccarat though, but I only rolled up to 3-4 streak and after that I will just stop using that system because there's a big risk as you go along. I'm happy with that streak of mine and will just go home and quit early while I was still on top. Gooduck to you though, and please don't be greedy exit early while the Martingale strategy works on you.

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February 22, 2018, 05:59:57 PM
 #23

Well, i'd listen to what people are saying in this thread if i were you dude. Martingale keeps your hopes high but you need to have a lot of capital to make it work and even then, one or two rolls may be a disappointing bust for you.
It works for him today but if this will be continued and he's lack of funds to gamble, its a sad ending for him. I don't give hate or bad feed back for those fellow gamblers who are winning with this strategy but like others who are giving you a warning, you should be cautious and its not a forever win so be careful and happy gambling.  Wink
Right every day is not Sunday it works for him today but it will not be continued. i tried few times this method while playing Dice game it does not work for me. one time continuously I lost 5 rolls and lost a big amount that day last after that i never tried this method.
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February 22, 2018, 06:03:07 PM
 #24

Martingale strategy is all about the situation prevailing in the event. User needs to have the ability to predict the event situation and high backing of fiat is necessary. Here the possibility for a win is same as that of the loss. In this way martingale strategy too needs luck for a winning.

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February 22, 2018, 06:19:23 PM
 #25

Martingale is just a way of gambling stop misleading martingale strategy gives huge profit but there is no guarantee that you will get a profit maybe it's just your luck it's not possible that others will also get the same result
It's better to avoid gambling and cashout right away else you will slowly get addicted to it
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February 22, 2018, 07:53:43 PM
 #26

Nobody ever questioned whether or not martingale works, the real question is if it is sustainable, which it is not. Most casinos/gambling sites even have limits on max bets so that after a certain point you can't continue with the martingale and that is where you have lost. The martingale has not lost, but you as a player have.

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February 22, 2018, 08:11:32 PM
 #27

Nobody ever questioned whether or not martingale works, the real question is if it is sustainable, which it is not. Most casinos/gambling sites even have limits on max bets so that after a certain point you can't continue with the martingale and that is where you have lost. The martingale has not lost, but you as a player have.
It would never be sustainable for longer runs on using it but somehow this strategy is being used everyday by most gamblers and im sure regarding on that matter.Making use of martingale would either give you win and give you loss which it does really depend on how much luck you do have on that time.If we do able to see gains or profits we should get out as early as we can and call if for a day.Greed is one of the reason when you do make use martingale and asking for more winnings.Straight loss streak then you're done.

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February 22, 2018, 08:18:22 PM
 #28

Nobody ever questioned whether or not martingale works, the real question is if it is sustainable, which it is not. Most casinos/gambling sites even have limits on max bets so that after a certain point you can't continue with the martingale and that is where you have lost. The martingale has not lost, but you as a player have.
It would never be sustainable for longer runs on using it but somehow this strategy is being used everyday by most gamblers and im sure regarding on that matter.Making use of martingale would either give you win and give you loss which it does really depend on how much luck you do have on that time.If we do able to see gains or profits we should get out as early as we can and call if for a day.Greed is one of the reason when you do make use martingale and asking for more winnings.Straight loss streak then you're done.

I know, that's what I said that it is not sustainable in the longer run.

I would not say that people using martingale are more greedy than others, considering the small amount you bet with your first bet and the small amount you usually win, it's not really the greed that drives you. To me people are greedy when they place one bet and then are done with it, just one giant bet to win/lose and if they win they'll probably continue, that's greedy, IMO.

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February 22, 2018, 09:09:35 PM
 #29

Any gambling "strategy" can look fine in the short run if you are lucky enough, but as you continue to gamble you will see that it wont work and you will lose money. Don't forget that all those so called strategies don't change your odds of winning in casinos, so you will always be against the house edge, and no matter what you do you are bound to lose. The best strategy in gambling is to go all in, or close to that, on one bet and try to see if you were lucky. This way you just took the most advantage of your luck. Gambling only gives your profit in the short run, so you need to try to maximize the profit you get from that lucky shot.
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February 22, 2018, 09:30:23 PM
 #30

Martingale wont work for long time so you can't say martingale is great by just analyzing 10 of your bets. It need to be tested with at least 100 bets and I am quite sure after 100 bets you will be in loss.

No any strategy actually works with gambling.
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February 22, 2018, 10:45:00 PM
 #31

Congratulations to you, Your stratedgy i think fits for you and the game you played. I play gambling with that strategy and sometimes it works sometimes are not it depends how much more money you can bet in double triple and so on just to not break that stratedgy and whenever you won you got some profit and get back all your lose.


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February 23, 2018, 12:33:44 AM
 #32

I think it's the first thing you'll ever earn but I think when you're on a gamble and you're playing a game I think that next time you're going to lose it so you have to get your bet big enough.
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February 23, 2018, 12:53:35 AM
 #33

Martingale strategy is all about the situation prevailing in the event. User needs to have the ability to predict the event situation and high backing of fiat is necessary. Here the possibility for a win is same as that of the loss. In this way martingale strategy too needs luck for a winning.

Well, if we talk about gambling your winning will always depend on your luck cause no matter what your strategies are it will not help if its not your day to win. Though still someone believe that Martingale works for them but I think in long term you will still incur losses which is unpredictable.
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February 23, 2018, 01:40:14 AM
 #34

I think it's the first thing you'll ever earn but I think when you're on a gamble and you're playing a game I think that next time you're going to lose it so you have to get your bet big enough.


You mean bet big in the beginning to earn more?

If yes, that is foolishness to do a mistake sometime at the beginning itself you can lose so don't ever think that you will always win in the beginning and later only you will lose. In gambling, only luck can decide whether you need to win or lose so don't think too much.
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February 23, 2018, 03:47:37 AM
 #35

In short, martingale is an interesting strategy in the short term, for a few bets here and there. In the long term it is disastrous: you will always end up losing all. The more your sample gets big, the less luck comes into play and actual probabilities will come out on top.
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February 23, 2018, 05:20:26 AM
 #36

I see you have a good result with using martingale but you still be careful to not use this strategy for all day long because sometimes the things happen and sometimes it might turn into bad situations so you're out of your money. analyze your gambling strategy and don't spend too much money on gambling games and the most important things that you don't have to be greedy.

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February 23, 2018, 08:16:22 AM
 #37

Martingale script isn't really a good one to use for a long time,
It would catch you and it could lead you to a straight lost I have done it a thousand times before starting from a small amount to a huge amount of bets.
I whenever you gamble you should always limit your bets and set some goals for example you just want to double your money then after you achieve it stop right away.
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February 23, 2018, 06:47:59 PM
 #38

Well, i'd listen to what people are saying in this thread if i were you dude. Martingale keeps your hopes high but you need to have a lot of capital to make it work and even then, one or two rolls may be a disappointing bust for you.
It works for him today but if this will be continued and he's lack of funds to gamble, its a sad ending for him. I don't give hate or bad feed back for those fellow gamblers who are winning with this strategy but like others who are giving you a warning, you should be cautious and its not a forever win so be careful and happy gambling.  Wink
Right every day is not Sunday it works for him today but it will not be continued. i tried few times this method while playing Dice game it does not work for me. one time continuously I lost 5 rolls and lost a big amount that day last after that i never tried this method.
You're not the only who experienced this not working. It doesn't work for me either and it's too risky for me to keep on doing this because it can cause me to do rage bets. And when I started to do rage bets, it will lead me to losing my mind = losing money.

Martingale script isn't really a good one to use for a long time,
Its not actually a script, its a strategy but you're right that its not a good for long term use.

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February 23, 2018, 07:01:47 PM
 #39

Be careful my friend, it's not that easy everytime.
I had tried the martingale method and failed. Lost like 10 times in a row. No luck, no win.
Simple as that lol

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February 24, 2018, 03:27:43 AM
 #40

Be careful my friend, it's not that easy everytime.
I had tried the martingale method and failed. Lost like 10 times in a row. No luck, no win.
Simple as that lol
In real life when stepping inside a real Casino, I have seen 11 blacks in a row at the roulette.
That's why martingale leads to bankrupt eventually.
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February 24, 2018, 04:18:16 AM
 #41

Be careful my friend, it's not that easy everytime.
I had tried the martingale method and failed. Lost like 10 times in a row. No luck, no win.
Simple as that lol
In real life when stepping inside a real Casino, I have seen 11 blacks in a row at the roulette.
That's why martingale leads to bankrupt eventually.

Martingale may work at certain times. And at other times we may find unexpected results. That is when we encounter a long lossing streaks and we can not afford anymore to make the next bet caused by the lack of balance or due to max profit feature.

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February 24, 2018, 10:55:58 AM
 #42

Hi,
I try to play on http://oddevenbets.com

I want try martingale strategy now..


My next 10 bets!
Great result, 7 win, 3 lose Grin




Look this! Martingale works fine Grin





So please go on, continue your martingale even with bigger bet if you really think it works fine! We will see what you get in the end?
To be honest I'm not really sure what is the main purpose of this thread, just want to share you experience or are you trying to promote oddevenbets?

Ok, I will play again soon.
I just want to share my experience only because I like blockchain based games.
It is good you are sharing your experience. So many experiences have been shared on this thread with martingale strategies and it will be nice you really do take a look at them, maybe which could end up informing your decisions thereafter. Most of us already know where it all ends anyway, but all the same, I wish you the best of luck. We all know how martingale strategy has worked before on online sites, you will also have your share of experience pretty soon and you are welcome to join us all.
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February 24, 2018, 05:04:29 PM
 #43

I hope you know what you are doing.
Martingale will work perfectly and eventually it will stop working and you will lose all your money, this has been discussed tens of thousands times already. Just be careful and don't use large bankroll, there is no winning strategy which can work for EV- game.
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February 24, 2018, 07:18:18 PM
 #44

Well, i'd listen to what people are saying in this thread if i were you dude. Martingale keeps your hopes high but you need to have a lot of capital to make it work and even then, one or two rolls may be a disappointing bust for you.
Martingale is just a tradition way on making bets which it would work for sometime which it is really just depending on our luck.We should not hope too much on using it frequently because using martingale and you do experience a sequence of loss will really wipe out your entire balance without any doubts.Cherish those winnings for this day and dont be greedy.
Martingale is a very basic gambling strategy, and many of the masters are using Martingale, though it proves to be ineffective, it will only drain our balance slowly. Martingale is my first time playing in the gambling world, and it is so ancient
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February 24, 2018, 07:27:18 PM
 #45

It looks like he may be new to gambling so excited after seeing seven wins in ten bets. He will soon or later open up another thread saying that don't use this martingale method for sure once he gets seven or more continuous losses using this method. It is a common thing to get exciting when they make easy money in few seconds so just wait for his another thread.
That is exactly what is happening here,he is just pure excited because the found a new way to win more coins,gambling is not an east way to make money,move the strategy all the time,if he keeps on doing the same,he will end up loosing everything and that is how things work everywhere as the system is not made to make you money freely.
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February 24, 2018, 09:33:06 PM
 #46

It looks like he may be new to gambling so excited after seeing seven wins in ten bets. He will soon or later open up another thread saying that don't use this martingale method for sure once he gets seven or more continuous losses using this method. It is a common thing to get exciting when they make easy money in few seconds so just wait for his another thread.
That is exactly what is happening here,he is just pure excited because the found a new way to win more coins,gambling is not an east way to make money,move the strategy all the time,if he keeps on doing the same,he will end up loosing everything and that is how things work everywhere as the system is not made to make you money freely.

And just like that, he will be hooked to it and thinking that the strategy really works and can made you money, but it will catch on you no matter what in the end. He may be winning 7 out 10, but the next outcome could be 0 out of 10. I will never rely on it, specially we all know that in the long run the system will over run on you and take everything. That's why I say that the OP must exit early while he still have his winnings.

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February 24, 2018, 10:13:48 PM
 #47

gambling use martiangle strategy is very dificult and danger
because you can lost all youre money









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February 24, 2018, 11:36:23 PM
 #48

It looks like he may be new to gambling so excited after seeing seven wins in ten bets. He will soon or later open up another thread saying that don't use this martingale method for sure once he gets seven or more continuous losses using this method. It is a common thing to get exciting when they make easy money in few seconds so just wait for his another thread.
That is exactly what is happening here,he is just pure excited because the found a new way to win more coins,gambling is not an east way to make money,move the strategy all the time,if he keeps on doing the same,he will end up loosing everything and that is how things work everywhere as the system is not made to make you money freely.

And just like that, he will be hooked to it and thinking that the strategy really works and can made you money, but it will catch on you no matter what in the end. He may be winning 7 out 10, but the next outcome could be 0 out of 10. I will never rely on it, specially we all know that in the long run the system will over run on you and take everything. That's why I say that the OP must exit early while he still have his winnings.

I also had a similar result back then, I was winning 0.1 from my starting 0.005. I thought I was never gonna lose, till all hell broke loose and I had a losing streak of 10 straight. I thought it would never happen, but it did. Would say that those people that believe in martin gale, or any strategy for that matter, is delusional and probably should reconsider what he is doing.
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February 25, 2018, 12:32:34 AM
 #49

Though you became lucky on your previous bets, using Martingale for extended period of time will only provide you big losses in the end. To put into perspective, I've tried using that strategy in my betting sessions in the past months and years but the outcome of it is always the same and that is it wiped out my whole account. Many will say that I should be monitoring it when using this strat but nothing will change especially with the edge that the casino/online gambling site has over you. I will not encourage anyone to use it. This is just a strategy that will wipe your BTC with several series of reds.
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February 25, 2018, 05:45:49 AM
 #50

gambling use martiangle strategy is very dificult and danger
because you can lost all youre money

Why it is difficult while you can easily set the auto betting system or your own script. No strategies is difficult to be used, it is easy unless what you mean by difficult is difficult to win. If it is what you mean then there is no strategies to make you win easily.
No matter what is your strategy (not only martingale) you can lose all your money because it is gambling. Curious to know what is your main point here?

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February 25, 2018, 03:04:22 PM
 #51

Though you became lucky on your previous bets, using Martingale for extended period of time will only provide you big losses in the end. To put into perspective, I've tried using that strategy in my betting sessions in the past months and years but the outcome of it is always the same and that is it wiped out my whole account. Many will say that I should be monitoring it when using this strat but nothing will change especially with the edge that the casino/online gambling site has over you. I will not encourage anyone to use it. This is just a strategy that will wipe your BTC with several series of reds.
Even you have this type of strategy and you got some luck winning after using it, it's still not recommended to keep using it and take a long period of time inside the house, some might have good control and can manage to stay away while still have some greens, but most of the time people got greedy and thinks that they will keep continuing to manage winnings then the end scenario will lose everything they got, funny thing that it's common mistakes and approached of this martinfail system.
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February 25, 2018, 09:32:49 PM
 #52

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.

I like gambling and risk.
Yes, I wait confirmation of my winnings Smiley
I will play again soon.
Need take a cup of coffee Smiley
Don't tell us about how good your results so far but tell us about how your martingale makes you feel so crazy to bet more and more , until that time you might feel happy with the profit you've got now, I personally think that martingale just bring a short term winning followed by a real nightmare in the end. Quick winning but also quicker to lost.

my new results Grin

https://i.imgur.com/8XGAmI7.png

Don't you realize that you are close to the max bet allowed on the site? You are just so lucky to win before you reach the max bet, once you reach the max allowed bet = martinfail. What will you do then if you get losing streak till you reach the max bet allowed?
Most gamblers knows that martingale will just eat your balance sooner or later, but if you think it is impossible to get long losing streak then keep on betting with it and dont cry later.
He would most likely not see what all the player, who have been that way have learnt, until he receives his very own hard knocks. Martingale overtime have been proven to be a slow but eventual killer, because it definitely gets to a point where a player is immobilized by either maximum bet size or limited fund. Until such a time, it gives especially, newbies the impression that they're invisible unknown to them that some losing streaks can be longer than others!
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February 25, 2018, 09:38:45 PM
 #53

About examples of application of the Martingale theory in practice, you can read here: http://sportstatist.com/the-pitfalls-of-martingale-money-management-strategy/

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February 25, 2018, 10:48:45 PM
 #54

Be careful my friend, it's not that easy everytime.
I had tried the martingale method and failed. Lost like 10 times in a row. No luck, no win.
Simple as that lol
In real life when stepping inside a real Casino, I have seen 11 blacks in a row at the roulette.
That's why martingale leads to bankrupt eventually.

Martingale may work at certain times. And at other times we may find unexpected results. That is when we encounter a long lossing streaks and we can not afford anymore to make the next bet caused by the lack of balance or due to max profit feature.

It doesn't work when you're gambling online. It only has a chance to work if you're physically rolling the dice! When the algo chooses 1 roll from a 100 every second and randomly assigns it to you you have no control over the dice and can't predict anything. People who popularized martingale never heard of the level of randomness that we're facing here with the seed rolls and hundreds of people rolling at the same time.
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February 26, 2018, 05:13:19 AM
 #55

Hi,
I try to play on http://oddevenbets.com

I want try martingale strategy now..


My next 10 bets!
Great result, 7 win, 3 lose Grin




Look this! Martingale works fine Grin




Just wait for it bro! It starts just smooth as that until it starts getting pretty rough. Like I have said, just wait until you start seeing those long streaks of losses and then you will realize you are in for the real deal. Grin You think we all have not tried martingale. Damn, I will never forget those 22 losing streaks on freebitco.in till date. I was so comfortable to let the script keep running, only to click on the tab in few hours’ time to see it has stopped, I really do not need to start reiterating what made it stop, you already know by now.
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February 26, 2018, 05:15:54 AM
 #56

 congratulations you had a good run on your betting that's not going to be all the time in my opinion. If you have experienced the negative part you wouldn't stink of trying it again or probably if you could manage to lose more money then that's okay it's probably that the player is going to take.

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February 26, 2018, 05:39:20 AM
 #57

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.
There is always going to be that day when it just catches up. It starts mostly on the site and I guess there is a way the gambling script on the site has been written to differentiate new users from the old cargos.

For a new user playing the martingale strategy, it makes you feel relaxed and then you just feel all of a sudden that you are in for the real bucks of your life without having to work for it, until that day when you just see the wins never coming, and then end up losing everything. It is good to tell him congrats now.
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February 26, 2018, 05:45:05 AM
 #58

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.
That is the issue with martingale many do not think they can lose 10 or 20 times in a row, and since it is not that likely then most of the time they earn back the money they bet but if they keep playing sooner or later they will lose that many times and they will lose everything they bet until that point, it is sad but some people only learn by experience and they need to experiment losing all their money before they learn their lesson.
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February 26, 2018, 10:13:07 AM
 #59

congratulations you had a good run on your betting that's not going to be all the time in my opinion. If you have experienced the negative part you wouldn't stink of trying it again or probably if you could manage to lose more money then that's okay it's probably that the player is going to take.

Nothing like that, the person who loses money first will not gamble again because it all depends on what you expect from these games. If the gambler is playing for only money then they will again try to recover back the losses. The only people will have control over their gambling spending is who gamble only for fun because most of them will have some fixed funds to play these games and never deposit more even though they lose that money fast.
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February 27, 2018, 05:36:32 AM
 #60

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.

I like gambling and risk.
Yes, I wait confirmation of my winnings Smiley
I will play again soon.
Need take a cup of coffee Smiley
Yeah mate! You will really need that cup of coffee now and I hope in the next few days, it won't be some bottle of beer to try to remove the memory of those long streaks from your head and by that you should know what I am referring to. It is good you like gambling and risk, but I hope you are not too comfortable just yet with the martingale. I am sure you will be coming back in the next few days or weeks to tell us the other side of the story once the house edge is done with you.
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February 27, 2018, 05:41:31 AM
 #61

I am sure you will be coming back in the next few days or weeks to tell us the other side of the story once the house edge is done with you.

I don't think so. People don't usually admit that they are wrong, and we have seen that other times on this forum.

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February 27, 2018, 06:09:00 AM
 #62

I am sure you will be coming back in the next few days or weeks to tell us the other side of the story once the house edge is done with you.

I don't think so. People don't usually admit that they are wrong, and we have seen that other times on this forum.

Admit it or not there's no strategy that works well in gambling for long term because of the greed that you can't control you still loss money from it. Gamble is gamble, its the risk that we take and you can believe on any strategies that you think works for you but if you can't control yourself you will still be broke.
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February 27, 2018, 10:24:39 AM
 #63

I am sure you will be coming back in the next few days or weeks to tell us the other side of the story once the house edge is done with you.

I don't think so. People don't usually admit that they are wrong, and we have seen that other times on this forum.


He shows in this thread because today is his lucky day but on the other day he will not tell us his bad luck day. In gambling we discuss only our winning but when we have lose then we bear it. Every day we have new story in gambling. Sometime we win and mostly we lose. So enjoy it whenever we win the game.     

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February 27, 2018, 10:52:45 AM
 #64

I am sure you will be coming back in the next few days or weeks to tell us the other side of the story once the house edge is done with you.

I don't think so. People don't usually admit that they are wrong, and we have seen that other times on this forum.

I don't see why it would matter though, this guy literally just said that he has tried out this system called martingale (which is a proven system that works, casinos can remove how well it works though with their limits). And for some reason people feel like they need to bash him, why? Just be happy for him that he won Cheesy

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February 27, 2018, 11:02:38 AM
 #65

So wheres our guy now?its been more than a week when he last visit this thread of him,he might got loss all the capital thats why hes shy to go and tell u what had happen?lol
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February 27, 2018, 11:26:27 AM
 #66

So wheres our guy now?its been more than a week when he last visit this thread of him,he might got loss all the capital thats why hes shy to go and tell u what had happen?lol

Yea, his last bet was #257 and then there are 4 consecutive losts (but the bet amounts are not doubled after each loss... so we can't tell whether it was him).
I would say he quit after reading all our reactions. Good for him.

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February 27, 2018, 11:42:01 AM
 #67

So wheres our guy now?its been more than a week when he last visit this thread of him,he might got loss all the capital thats why hes shy to go and tell u what had happen?lol

Maybe he broke the bank and is now chilling on a private island just reading this thread and laughing at all the people that told him he would never be able to make it? Cheesy

Either way, win or lose, I think everyone that do gamble has tried the martingale at one point or another.

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February 27, 2018, 04:17:01 PM
 #68

So wheres our guy now?its been more than a week when he last visit this thread of him,he might got loss all the capital thats why hes shy to go and tell u what had happen?lol

Maybe he broke the bank and is now chilling on a private island just reading this thread and laughing at all the people that told him he would never be able to make it? Cheesy

Either way, win or lose, I think everyone that do gamble has tried the martingale at one point or another.

Losing his bitcoin bitcoincash and become broke is the more probable outcome though :d No hard feeling OP. Don't stay with your martingale too long. The losing streak can stay longer than your available balance. I have seen crazy streak before, almost reaching 20s.

I am sure you will be coming back in the next few days or weeks to tell us the other side of the story once the house edge is done with you.

I don't think so. People don't usually admit that they are wrong, and we have seen that other times on this forum.

That's why we didn't see him now?
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February 27, 2018, 04:42:53 PM
 #69

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.

I like gambling and risk.
Yes, I wait confirmation of my winnings Smiley
I will play again soon.
Need take a cup of coffee Smiley
Don't tell us about how good your results so far but tell us about how your martingale makes you feel so crazy to bet more and more , until that time you might feel happy with the profit you've got now, I personally think that martingale just bring a short term winning followed by a real nightmare in the end. Quick winning but also quicker to lost.

my new results Grin

https://i.imgur.com/8XGAmI7.png

Don't you realize that you are close to the max bet allowed on the site? You are just so lucky to win before you reach the max bet, once you reach the max allowed bet = martinfail. What will you do then if you get losing streak till you reach the max bet allowed?
Most gamblers knows that martingale will just eat your balance sooner or later, but if you think it is impossible to get long losing streak then keep on betting with it and dont cry later.

yes, lucky Smiley
What think if modify Martingale? make some changes

1,2,3,4 bets is min only
 after this series need use martingale
Then no matter how you modify this strategy without luck at the same time it's mean nothing isn't it? Let us hear about the bad things now ... You just can't have a straight winning continuously , it's impossible mathematically.

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February 28, 2018, 01:56:17 PM
 #70

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.
That is the issue with martingale many do not think they can lose 10 or 20 times in a row, and since it is not that likely then most of the time they earn back the money they bet but if they keep playing sooner or later they will lose that many times and they will lose everything they bet until that point, it is sad but some people only learn by experience and they need to experiment losing all their money before they learn their lesson.
Most times, it only takes a lot of wins to get just little from martingale, but all it takes to lose so much is just that losing streak that can make you miserable within a split of a second and keep wondering what just happened. Grin That was exactly how I felt when I experienced my own fate and that was when I told myself out rightly that I am done but not without trying it the second time before making the final decision. You will always just be tempted to recover those losses.
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February 28, 2018, 02:12:49 PM
 #71

So wheres our guy now?its been more than a week when he last visit this thread of him,he might got loss all the capital thats why hes shy to go and tell u what had happen?lol

Maybe he broke the bank and is now chilling on a private island just reading this thread and laughing at all the people that told him he would never be able to make it? Cheesy

Either way, win or lose, I think everyone that do gamble has tried the martingale at one point or another.
Martingale all the gamblers know this but few people who managed to win this strategy then fell on the seabed Grin,It may be true what you said OP has been relaxing on the island and laughing at us but it could have been otherwise OP was lost on the seabed that I think drowned with his money.
Congrats your startegy OP

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February 28, 2018, 03:18:37 PM
 #72

So wheres our guy now?its been more than a week when he last visit this thread of him,he might got loss all the capital thats why hes shy to go and tell u what had happen?lol

Maybe he broke the bank and is now chilling on a private island just reading this thread and laughing at all the people that told him he would never be able to make it? Cheesy

Either way, win or lose, I think everyone that do gamble has tried the martingale at one point or another.
Martingale all the gamblers know this but few people who managed to win this strategy then fell on the seabed Grin,It may be true what you said OP has been relaxing on the island and laughing at us but it could have been otherwise OP was lost on the seabed that I think drowned with his money.
Congrats your startegy OP

He lost all the money is more likely! Martingale worked for me too, once in 20 times. I played dices a lot, roulette even more and I had good winning streaks, but after couple hours of gambling always come losing streak, I had more then 20 reds on 40% chances to win, more or less. Martingale works just sometimes if you catch right moment and you have enough high bankroll to survive 15 bets minimum, and to not start from minimal bet. My experience is that I lost more then I won trying martingale, I said that many times but still I see new threads from new people who gamble for the first time and they think they invented something new that can make them rich, I had same thoughts, but reality is different, I felt that on my skin and everywhere who gamble a lot knows that! Weekend players can use this strategy sometimes and they can win, but of you gamble all night you will lose in one moment if you don't change your strategy from time to time.

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February 28, 2018, 03:52:00 PM
 #73

I had some luck, but not what I expected...
Don't really recommend going with the Martingale method, it can only work for short term.
Eventually, you will hit a bad losing streak.

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February 28, 2018, 07:06:19 PM
 #74

The only martingale I know it works is not in luck games. I have tried with small amount in sport betting, always have picked a random team in soccer with odd 2 to 2.20 and place a bet on them, out of 20 times trying even if you are a complete amateur with no experience you will win at least one time and in the end you will double your initial bet.

Of course you need to have a big bankroll, but you can try even with a low bankroll that can be multiplied 20 times, or 20 tries.
I know this is not the most perfect strategy and it takes a lot of patience to apply in sport betting compared to luck games but it is proven here.

Anyway my advice is to not experiment with luck games, there is the house edge which at a certain point will come on top for some time and make you lose all of your money.
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February 28, 2018, 08:21:44 PM
 #75

So wheres our guy now?its been more than a week when he last visit this thread of him,he might got loss all the capital thats why hes shy to go and tell u what had happen?lol

Maybe he broke the bank and is now chilling on a private island just reading this thread and laughing at all the people that told him he would never be able to make it? Cheesy

Either way, win or lose, I think everyone that do gamble has tried the martingale at one point or another.
Martingale all the gamblers know this but few people who managed to win this strategy then fell on the seabed Grin,It may be true what you said OP has been relaxing on the island and laughing at us but it could have been otherwise OP was lost on the seabed that I think drowned with his money.
Congrats your startegy OP

He lost all the money is more likely! Martingale worked for me too, once in 20 times. I played dices a lot, roulette even more and I had good winning streaks, but after couple hours of gambling always come losing streak, I had more then 20 reds on 40% chances to win, more or less. Martingale works just sometimes if you catch right moment and you have enough high bankroll to survive 15 bets minimum, and to not start from minimal bet. My experience is that I lost more then I won trying martingale, I said that many times but still I see new threads from new people who gamble for the first time and they think they invented something new that can make them rich, I had same thoughts, but reality is different, I felt that on my skin and everywhere who gamble a lot knows that! Weekend players can use this strategy sometimes and they can win, but of you gamble all night you will lose in one moment if you don't change your strategy from time to time.
Not surprising for newbie people to be shocked on using martingale for the first time and seeing that they can able to exploit the system of gambling and making easy money out of that strategy without even thinking that they are going to bust up their entire balance in a matter of seconds when a nasty losing streak would hit you up.Martingale does work but not good for longer runs this is why we should be wise on getting out in profits.

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March 01, 2018, 04:16:41 AM
 #76

This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.

I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.

BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.

I like gambling and risk.
Yes, I wait confirmation of my winnings Smiley
I will play again soon.
Need take a cup of coffee Smiley
Yeah mate! You will really need that cup of coffee now and I hope in the next few days, it won't be some bottle of beer to try to remove the memory of those long streaks from your head and by that you should know what I am referring to. It is good you like gambling and risk, but I hope you are not too comfortable just yet with the martingale. I am sure you will be coming back in the next few days or weeks to tell us the other side of the story once the house edge is done with you.

No need bottle of beer Grin
I playing now and all right.

Very high payout ratio.. but I see chance to win 50%.
I catch winnings more then lose..
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March 01, 2018, 05:24:59 AM
 #77

In essence, the Martingale system requires you to double the previous stock for any losing bets you make. For example, let's assume your first bet on the blackjack table is $ 5 and you lose your hand. At this point your next bet will need to be $ 10.

This sequence basically continues until you win the hand, so if your second bet is lost you will need to stock $ 20 in third hand and so on and so on. Basically, it's the power of your strategy to keep doubling your bet every time you lose with that prospect when you finally win the hand.

Once you do win a math hand from a system dictate that you will show the advantages of one unit. In basic terms, a unit is defined as your initial stock size. So, in this example, after losing three hands in a row, players will need to stock $ 40 in their fourth hand, taking their overall exposure to $ 75. After winning this hand the player receives $ 80 that will leave them with a $ profit 5
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March 01, 2018, 06:20:52 AM
 #78

The only martingale I know it works is not in luck games. I have tried with small amount in sport betting, always have picked a random team in soccer with odd 2 to 2.20 and place a bet on them, out of 20 times trying even if you are a complete amateur with no experience you will win at least one time and in the end you will double your initial bet.

Of course you need to have a big bankroll, but you can try even with a low bankroll that can be multiplied 20 times, or 20 tries.
I know this is not the most perfect strategy and it takes a lot of patience to apply in sport betting compared to luck games but it is proven here.

Anyway my advice is to not experiment with luck games, there is the house edge which at a certain point will come on top for some time and make you lose all of your money.

Your advice is correct using this martingale method in luck games is risky because of house edge but we can use it in sports betting. as you said out of 20 bets we can win at least one so our investment will back with profit. this is for no experience players but if you have knowledge of sports then you no need to wait for 20 bets within 5 bets you will win one bet. the idea is good lets try this.
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March 01, 2018, 10:28:47 AM
 #79

congratulations you had a good run on your betting that's not going to be all the time in my opinion. If you have experienced the negative part you wouldn't stink of trying it again or probably if you could manage to lose more money then that's okay it's probably that the player is going to take.
No need congratulating him yet. Let him come back in few days’ time and tell us the result of his experience with martingale, and that is when you should congratulate him. If it is not next week, then it should be next month. One way or the other, they all just zap in front of your eyes before you even know it. I am sure those who have had the experiences like me have testified to that already.

Most times with online gambling, it is more or else the system just doing its thing, making you feel so relaxed at some point and then you see yourself hitting those reds in a long period of time. Martingale has been very popular, but however it is, I would rather stick to sport betting than use any martingale strategy for online gambling. I learned the hard way anyway, so anyone is ready to join me on that path.
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March 01, 2018, 12:10:49 PM
 #80

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale.
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March 01, 2018, 12:48:20 PM
 #81

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale.
Martingle strategy works in a long time and the most important is the money you have it needs to be more money not huge but its enough as long as you can sustain your strategy. Its an effective way to get a profit after all your bets.


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March 01, 2018, 02:04:12 PM
 #82

The only martingale I know it works is not in luck games. I have tried with small amount in sport betting, always have picked a random team in soccer with odd 2 to 2.20 and place a bet on them, out of 20 times trying even if you are a complete amateur with no experience you will win at least one time and in the end you will double your initial bet.

Of course you need to have a big bankroll, but you can try even with a low bankroll that can be multiplied 20 times, or 20 tries.
I know this is not the most perfect strategy and it takes a lot of patience to apply in sport betting compared to luck games but it is proven here.

Anyway my advice is to not experiment with luck games, there is the house edge which at a certain point will come on top for some time and make you lose all of your money.

Your advice is correct using this martingale method in luck games is risky because of house edge but we can use it in sports betting. as you said out of 20 bets we can win at least one so our investment will back with profit. this is for no experience players but if you have knowledge of sports then you no need to wait for 20 bets within 5 bets you will win one bet. the idea is good lets try this.
Higher odds doesn't mean higher profit it means lesser the chance of that being true I would suggest not to try this strategy it doesn't work I have tried it on tennis and barely got my initial deposit back , don't forget you do this to make profit and not to just get your initial amount if you think in this way you wouldn't try it as it wouldn't be worth
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March 01, 2018, 04:00:33 PM
 #83

In essence, the Martingale system requires you to double the previous stock for any losing bets you make. For example, let's assume your first bet on the blackjack table is $ 5 and you lose your hand. At this point your next bet will need to be $ 10.

This sequence basically continues until you win the hand, so if your second bet is lost you will need to stock $ 20 in third hand and so on and so on. Basically, it's the power of your strategy to keep doubling your bet every time you lose with that prospect when you finally win the hand.

Once you do win a math hand from a system dictate that you will show the advantages of one unit. In basic terms, a unit is defined as your initial stock size. So, in this example, after losing three hands in a row, players will need to stock $ 40 in their fourth hand, taking their overall exposure to $ 75. After winning this hand the player receives $ 80 that will leave them with a $ profit 5

You do not play the martingale system in BlackJack, haha.. Are you high? Cheesy.

The whole idea behind martingale is to use it in games that are (basically) 50/50, and that is why it works. Roulette is a great example, 50/50 on Dice is another.

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March 01, 2018, 05:26:54 PM
 #84

About examples of application of the Martingale theory in practice, you can read here: http://sportstatist.com/the-pitfalls-of-martingale-money-management-strategy/
I really do not see any point reading as most of the time, no matter the strategy of martingale you want to lose, if the house edge decides to pick on you or luck is just not on your side, all the strategies will fail and you will be wondering who you offended. What is important is to see gambling as fun as that is reality and anyone who cannot do that should not just try gambling. Having the mindset will be able to help you control the impulses and accept any outcome.

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March 02, 2018, 04:05:13 AM
 #85

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale.
Martingle strategy works in a long time and the most important is the money you have it needs to be more money not huge but its enough as long as you can sustain your strategy. Its an effective way to get a profit after all your bets.

although I don't know too much about martingale strategy, I can say that the strategy will not work if you don't have a luck. but if there is one person can win the games for short or long time, then I can say that person have his luck so he can win the money too. soon you will lost your money with any of strategy and I hope that you realize before you lost all of your money.

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March 02, 2018, 06:37:54 AM
 #86

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale.
Martingle strategy works in a long time and the most important is the money you have it needs to be more money not huge but its enough as long as you can sustain your strategy. Its an effective way to get a profit after all your bets.

although I don't know too much about martingale strategy, I can say that the strategy will not work if you don't have a luck. but if there is one person can win the games for short or long time, then I can say that person have his luck so he can win the money too. soon you will lost your money with any of strategy and I hope that you realize before you lost all of your money.

True, and martingale had been proven to be a good method for a short span betting but it will eat up all your fund in a long run session.  We can do it again and again but in just limited set of time.  I have done this strategy and observed that the longer we play using this method, the longer losing streak we will experience thus, emptying our bankroll.

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March 05, 2018, 02:39:55 PM
 #87

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale.
Martingle strategy works in a long time and the most important is the money you have it needs to be more money not huge but its enough as long as you can sustain your strategy. Its an effective way to get a profit after all your bets.

although I don't know too much about martingale strategy, I can say that the strategy will not work if you don't have a luck. but if there is one person can win the games for short or long time, then I can say that person have his luck so he can win the money too. soon you will lost your money with any of strategy and I hope that you realize before you lost all of your money.

True, and martingale had been proven to be a good method for a short span betting but it will eat up all your fund in a long run session.  We can do it again and again but in just limited set of time.  I have done this strategy and observed that the longer we play using this method, the longer losing streak we will experience thus, emptying our bankroll.

Well i've tried it. It sometimes makes you think that the gambling site doesn't want you to win. I mean, seriously, .05 got lost in under 4 rolls. A three roll losing streak did it for me. You would have to have a serious amount of capital for this to work and it isn't a guarantee at all.

 
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March 07, 2018, 02:03:37 PM
 #88

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale.
Martingle strategy works in a long time and the most important is the money you have it needs to be more money not huge but its enough as long as you can sustain your strategy. Its an effective way to get a profit after all your bets.

although I don't know too much about martingale strategy, I can say that the strategy will not work if you don't have a luck. but if there is one person can win the games for short or long time, then I can say that person have his luck so he can win the money too. soon you will lost your money with any of strategy and I hope that you realize before you lost all of your money.

True, and martingale had been proven to be a good method for a short span betting but it will eat up all your fund in a long run session.  We can do it again and again but in just limited set of time.  I have done this strategy and observed that the longer we play using this method, the longer losing streak we will experience thus, emptying our bankroll.

Well i've tried it. It sometimes makes you think that the gambling site doesn't want you to win. I mean, seriously, .05 got lost in under 4 rolls. A three roll losing streak did it for me. You would have to have a serious amount of capital for this to work and it isn't a guarantee at all.

If you have 0.05BTC and you go broke in 3 straight losses you are doing the martingale wrong Cheesy.. You need to at least have a bankroll that covers 10-15 losses in a row to even consider trying it out. It works, but most casinos have limits in place which means you can't continue forever if there's a streak of 30-40 losses.

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March 07, 2018, 03:34:45 PM
 #89

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale.
Martingle strategy works in a long time and the most important is the money you have it needs to be more money not huge but its enough as long as you can sustain your strategy. Its an effective way to get a profit after all your bets.

I disagree, martingale is good for a limited time session.  if you use it for a long run, you will be surprised that your bankroll is already depleted.  I have experience on this kind of method.  I can say, it is good at the beginning but the longer you play , the longer the losing streak occurs.  Aside from that, a controlled martingale is good but an automatic long run martingale is very risky.

.
.HUGE.
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March 09, 2018, 05:39:27 AM
 #90

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale.
Martingle strategy works in a long time and the most important is the money you have it needs to be more money not huge but its enough as long as you can sustain your strategy. Its an effective way to get a profit after all your bets.

I disagree, martingale is good for a limited time session.  if you use it for a long run, you will be surprised that your bankroll is already depleted.  I have experience on this kind of method.  I can say, it is good at the beginning but the longer you play , the longer the losing streak occurs.  Aside from that, a controlled martingale is good but an automatic long run martingale is very risky.

Yes, this is really good for limited time session.
Do you use it too?
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March 09, 2018, 05:41:28 AM
 #91

If you have 0.05BTC and you go broke in 3 straight losses you are doing the martingale wrong Cheesy.. You need to at least have a bankroll that covers 10-15 losses in a row to even consider trying it out. It works, but most casinos have limits in place which means you can't continue forever if there's a streak of 30-40 losses.

10-15 losses or 30-40 losses is impossible because winning chance 50% (1/2) like head/tail.
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March 09, 2018, 03:53:10 PM
 #92

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale.
Martingle strategy works in a long time and the most important is the money you have it needs to be more money not huge but its enough as long as you can sustain your strategy. Its an effective way to get a profit after all your bets.
No mate, martingale strategy will not work and especially not in a long time. I've made a post about it like 5 minutes ago, there is really no point repeating that, please have a read if you'd like to know why:
https://bitcointalk.org/index.php?topic=3073061.msg31928147#msg31928147
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March 09, 2018, 04:03:55 PM
 #93

If you have 0.05BTC and you go broke in 3 straight losses you are doing the martingale wrong Cheesy.. You need to at least have a bankroll that covers 10-15 losses in a row to even consider trying it out. It works, but most casinos have limits in place which means you can't continue forever if there's a streak of 30-40 losses.

10-15 losses or 30-40 losses is impossible because winning chance 50% (1/2) like head/tail.

It is possible and 10-15 loses are common in gambling. we think the Martingale is an advantage for us and we can make a profit but actually, this is an advantage for casinos. did you ever heard after 20+ loses any gambler beat casino while using this method I think no one. Because 99% casino only wins this long run.
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March 13, 2018, 08:45:01 AM
 #94

If you have 0.05BTC and you go broke in 3 straight losses you are doing the martingale wrong Cheesy.. You need to at least have a bankroll that covers 10-15 losses in a row to even consider trying it out. It works, but most casinos have limits in place which means you can't continue forever if there's a streak of 30-40 losses.

10-15 losses or 30-40 losses is impossible because winning chance 50% (1/2) like head/tail.

It is possible and 10-15 loses are common in gambling. we think the Martingale is an advantage for us and we can make a profit but actually, this is an advantage for casinos. did you ever heard after 20+ loses any gambler beat casino while using this method I think no one. Because 99% casino only wins this long run.

I never catched 10-15 loses with 50% winning chance.
I playing the game with provably fair system only
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March 13, 2018, 08:46:07 AM
 #95

Lucky you crypto, probably doing it in long run won't work as well as for you in short.
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March 13, 2018, 11:51:02 AM
 #96

Martingle strategy works in a long time and the most important is the money you have it needs to be more money not huge but its enough as long as you can sustain your strategy. Its an effective way to get a profit after all your bets.
No it doesn't and it is not effective way to get profit, stop spamming gambling section with nonsense.
True, and martingale had been proven to be a good method for a short span betting but it will eat up all your fund in a long run session.  We can do it again and again but in just limited set of time.  I have done this strategy and observed that the longer we play using this method, the longer losing streak we will experience thus, emptying our bankroll.
Long bad streak can occur in first 50 rolls. It is not proven by anyone that martingale is good method, even in short run.
I never catched 10-15 loses with 50% winning chance.
I playing the game with provably fair system only
Don't worry, you will  Wink
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March 14, 2018, 02:37:09 AM
 #97

If you have 0.05BTC and you go broke in 3 straight losses you are doing the martingale wrong Cheesy.. You need to at least have a bankroll that covers 10-15 losses in a row to even consider trying it out. It works, but most casinos have limits in place which means you can't continue forever if there's a streak of 30-40 losses.

10-15 losses or 30-40 losses is impossible because winning chance 50% (1/2) like head/tail.

It is possible and 10-15 loses are common in gambling. we think the Martingale is an advantage for us and we can make a profit but actually, this is an advantage for casinos. did you ever heard after 20+ loses any gambler beat casino while using this method I think no one. Because 99% casino only wins this long run.

I never catched 10-15 loses with 50% winning chance.
I playing the game with provably fair system only
You should definitely be playing in a provably fair system only and the thing is, there is still a possibility of facing that continuous loss and it could definitely occur when the time is unlucky. There's a high chance of it when you play for a long time.

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March 14, 2018, 05:46:22 AM
 #98

If you have 0.05BTC and you go broke in 3 straight losses you are doing the martingale wrong Cheesy.. You need to at least have a bankroll that covers 10-15 losses in a row to even consider trying it out. It works, but most casinos have limits in place which means you can't continue forever if there's a streak of 30-40 losses.

10-15 losses or 30-40 losses is impossible because winning chance 50% (1/2) like head/tail.

It is possible and 10-15 loses are common in gambling. we think the Martingale is an advantage for us and we can make a profit but actually, this is an advantage for casinos. did you ever heard after 20+ loses any gambler beat casino while using this method I think no one. Because 99% casino only wins this long run.

I never catched 10-15 loses with 50% winning chance.
I playing the game with provably fair system only
You should definitely be playing in a provably fair system only and the thing is, there is still a possibility of facing that continuous loss and it could definitely occur when the time is unlucky. There's a high chance of it when you play for a long time.
Personally we can speak according to what we experienced before, 20 loses in the road is always possible when you are playing for much longer time, might be possible that you are not too greedy and if you  achieved what you are aiming you already quit and enjoy, but keep in mind that it's
not always a lucky day for you, time will come that you will then suffer and losing streak will show to the point that you are not expecting it to happen.
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March 14, 2018, 09:36:08 AM
 #99

If you have 0.05BTC and you go broke in 3 straight losses you are doing the martingale wrong Cheesy.. You need to at least have a bankroll that covers 10-15 losses in a row to even consider trying it out. It works, but most casinos have limits in place which means you can't continue forever if there's a streak of 30-40 losses.

10-15 losses or 30-40 losses is impossible because winning chance 50% (1/2) like head/tail.

It is possible and 10-15 loses are common in gambling. we think the Martingale is an advantage for us and we can make a profit but actually, this is an advantage for casinos. did you ever heard after 20+ loses any gambler beat casino while using this method I think no one. Because 99% casino only wins this long run.

I never catched 10-15 loses with 50% winning chance.
I playing the game with provably fair system only

I have faced more than 10 continuous losses with a setting of 50.8%. This game runs on a probably fair system so you may get first many wins and fewer losses but if you continue to play for more time then you may get continuous more losses. Still, gambling house is not cheating you but just you're unlucky to get so many continuous losses.
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March 14, 2018, 06:42:53 PM
 #100

If you have 0.05BTC and you go broke in 3 straight losses you are doing the martingale wrong Cheesy.. You need to at least have a bankroll that covers 10-15 losses in a row to even consider trying it out. It works, but most casinos have limits in place which means you can't continue forever if there's a streak of 30-40 losses.

10-15 losses or 30-40 losses is impossible because winning chance 50% (1/2) like head/tail.

It is possible and 10-15 loses are common in gambling. we think the Martingale is an advantage for us and we can make a profit but actually, this is an advantage for casinos. did you ever heard after 20+ loses any gambler beat casino while using this method I think no one. Because 99% casino only wins this long run.

I never catched 10-15 loses with 50% winning chance.
I playing the game with provably fair system only

I have faced more than 10 continuous losses with a setting of 50.8%. This game runs on a probably fair system so you may get first many wins and fewer losses but if you continue to play for more time then you may get continuous more losses. Still, gambling house is not cheating you but just you're unlucky to get so many continuous losses.
The real problem with this strategy is that a big amount of money is required to get profit. The more you play, the more are the chances of winning. But how many shots one can really give? In order to make 10 shots, a person must not only have a good amount of money but some persistency and guts too. Else, it even sounds painful to face 10 losses in a row. However, nothing can be better than recovering the loss and winning extra but again, such a risky and difficult strategy it is.
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March 14, 2018, 10:49:45 PM
 #101

The more you play, the more are the chances of winning.
Gambler's fallacy.
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March 16, 2018, 01:52:18 AM
 #102

The more you play, the more are the chances of winning.
Gambler's fallacy.

This is not a fallacy but indeed a proven fact.  You know gambling is a game of chance.  This only means, the more you play flipping the coin or whatever, the more chance of the coin landing on the face where you bet.  He stated chances not a sure winning Smiley.  This is like saying, the more we talk the more chances of mistakes.

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March 26, 2018, 07:39:06 AM
 #103

I've tried that strategy and it works for a short time only. It still ended my plays to losses because it's running online. Even there's only two sides to choose from and you stick on that specific side for 40x, I was shocked that it just continuously picked the other side.
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March 30, 2018, 04:37:25 AM
 #104

I've tried that strategy and it works for a short time only. It still ended my plays to losses because it's running online. Even there's only two sides to choose from and you stick on that specific side for 40x, I was shocked that it just continuously picked the other side.

Report.
I playing here more and more.
What you think friends?
No lost!
Only winning.. loss has been max 6 in row.

Because is really provably fair system!

You can try this method.
Regards.
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March 30, 2018, 04:48:22 AM
Last edit: March 30, 2018, 05:15:59 AM by Bitfort
 #105

I've tried that strategy and it works for a short time only. It still ended my plays to losses because it's running online. Even there's only two sides to choose from and you stick on that specific side for 40x, I was shocked that it just continuously picked the other side.

Report.
I playing here more and more.
What you think friends?
No lost!
Only winning.. loss has been max 6 in row.

Because is really provably fair system!

You can try this method.
Regards.

Sometimes it takes awhile. But one of these days ... BAM ... and you'll be like  Shocked,  Cry
There is no question whether it will happen. The only question is when this is going to happen.
True is people needs to get hit hard to learn a lesson.

Just keep going.   Wink  


EDIT
Question: What did you do after 6 loses in a row? The next bet must have been over the max. bet limit.
I'm starting to feel this is just shill topic to promote the site.

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◄E► (TRX) Poloniex-Staking, Lending, Fee Discount
◄E► (LEO) Bitfinex-Staking, Auto-Lending

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March 30, 2018, 04:57:45 AM
 #106

I've tried that strategy and it works for a short time only. It still ended my plays to losses because it's running online. Even there's only two sides to choose from and you stick on that specific side for 40x, I was shocked that it just continuously picked the other side.

Report.
I playing here more and more.
What you think friends?
No lost!
Only winning.. loss has been max 6 in row.

Because is really provably fair system!

You can try this method.
Regards.

Sometimes it takes awhile. But one of these days ... BAM ... and you'll be like  ShockedCry
There is no question whether it will happen. The only question is when this is going to happen.
True is people needs to get hit hard to learn a lesson.

Just keep going.   Wink 

Indeed, I wanted to see more of the report.  I hope you keep on playing for a longer session, though I believe you know the way to limit your loses.  I have tested this martingale method, and winning but eventually I stopped to book the winnings.  There is no such thing as forever winning, we need at some point to stop to make sure that we will not lose what we had earned from our previous gambling sessions.

.
.HUGE.
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CASINSPORTSBOOK
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CryptoProphet (OP)
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March 30, 2018, 05:40:55 AM
 #107

I've tried that strategy and it works for a short time only. It still ended my plays to losses because it's running online. Even there's only two sides to choose from and you stick on that specific side for 40x, I was shocked that it just continuously picked the other side.

Report.
I playing here more and more.
What you think friends?
No lost!
Only winning.. loss has been max 6 in row.

Because is really provably fair system!

You can try this method.
Regards.

Sometimes it takes awhile. But one of these days ... BAM ... and you'll be like  Shocked,  Cry
There is no question whether it will happen. The only question is when this is going to happen.
True is people needs to get hit hard to learn a lesson.

Just keep going.   Wink  


EDIT
Question: What did you do after 6 loses in a row? The next bet must have been over the max. bet limit.
I'm starting to feel this is just shill topic to promote the site.


Dude,
see it
1 bet = 0.0001 lost (even)
2 bet = 0.0002 lost (even)
3 bet = 0.0004 lost (even)
4 bet = 0.0008 lost (even)
5 bet = 0.0016 lost (odd) no need change!!!
6 bet = 0.0032 lost (even)

7 bet = 0.005 WON!

I think 6 lose in row because I changed bet #5 to ODD.

this is not shill topic.
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March 30, 2018, 05:47:39 AM
 #108

Indeed, I wanted to see more of the report.  I hope you keep on playing for a longer session, though I believe you know the way to limit your loses.  I have tested this martingale method, and winning but eventually I stopped to book the winnings.  There is no such thing as forever winning, we need at some point to stop to make sure that we will not lose what we had earned from our previous gambling sessions.

Agree with you.
Need take pause Grin after winnings series. every gambler know it if he is not newbie in gambling.
But sometime can't stop.. you know this too
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March 30, 2018, 06:14:32 AM
 #109

Indeed, I wanted to see more of the report.  I hope you keep on playing for a longer session, though I believe you know the way to limit your loses.  I have tested this martingale method, and winning but eventually I stopped to book the winnings.  There is no such thing as forever winning, we need at some point to stop to make sure that we will not lose what we had earned from our previous gambling sessions.

Agree with you.
Need take pause Grin after winnings series. every gambler know it if he is not newbie in gambling.
But sometime can't stop.. you know this too
This should really be done on which we do mind on taking  break after a winning as all people do advice on here not all times are winning time which there would always be a risk on busting all of those winnings on an instant this is why we should be smart on securing those profits even though it is small but atleast you did able to get out but well those amounts would be used again on gambling and dont expect to have a similar result since theres no thing on this gambling world on where you can able to make constant wins not matter how good your strategy is.

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March 30, 2018, 06:24:40 AM
 #110

The more you play, the more are the chances of winning.
Gambler's fallacy.

This is not a fallacy but indeed a proven fact.

That’s nonsense. The more you play the more likely it is you are going to lose money, as the average mathematical expected return is negative, and the negative percentage compounds with each bet.

This only means, the more you play flipping the coin or whatever, the more chance of the coin landing on the face where you bet. 

Fallacy explained several times on this forum. Each individual bet is independent from the previous results.

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March 30, 2018, 06:51:40 AM
 #111

I've tried that strategy and it works for a short time only. It still ended my plays to losses because it's running online. Even there's only two sides to choose from and you stick on that specific side for 40x, I was shocked that it just continuously picked the other side.

Report.
I playing here more and more.
What you think friends?
No lost!
Only winning.. loss has been max 6 in row.

Because is really provably fair system!

You can try this method.
Regards.

Sometimes it takes awhile. But one of these days ... BAM ... and you'll be like  Shocked,  Cry
There is no question whether it will happen. The only question is when this is going to happen.
True is people needs to get hit hard to learn a lesson.

Just keep going.   Wink  


EDIT
Question: What did you do after 6 loses in a row? The next bet must have been over the max. bet limit.
I'm starting to feel this is just shill topic to promote the site.


Dude,
see it
1 bet = 0.0001 lost (even)
2 bet = 0.0002 lost (even)
3 bet = 0.0004 lost (even)
4 bet = 0.0008 lost (even)
5 bet = 0.0016 lost (odd) no need change!!!
6 bet = 0.0032 lost (even)

7 bet = 0.005 WON!

I think 6 lose in row because I changed bet #5 to ODD.

this is not shill topic.

Ok then, let's do some quick calc.
0.0001 + 0.0002 + 0.0004 + 0.0008 + 0.0016 + 0.0032 + 0.005 = 0.0113 (your total bet)
How much you won? My guess 0.0099 (1.98 x 0.005)

So you sent them 0.0113 and they sent you back 0.0099 (not mentioning the tx fees)
How is this profit? I don't get it.

MY HINTs
◄M► MINING
◄G► GAMBLING
◄E► EXCHANGE

◄E► (KCS) Kucoin-Staking, Auto-Lending, Trading-Bot
◄E► (BNB) Binance-Staking, Savings, 10% RefBack
◄E► (TRX) Poloniex-Staking, Lending, Fee Discount
◄E► (LEO) Bitfinex-Staking, Auto-Lending

◄G► Betfury-Faucet, Dividend Earnings (BFG holders, mine BFG by playing)
◄G► Bitvest -  Faucet, Bankroll Invest
◄G► CryptoGames-Faucet, Lotto
◄G► PrimeDice-Faucet

◄M► Prohashing (Multipool)-Payout in any coin, get 0.50% bonus for 30 days
◄M► MiningRigRentals (Marketplace)-buy hashrate or rent your miners
◄M► Viabtc  (Pool)-payout to Coinex (exchnage) without fees


CryptoProphet (OP)
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March 30, 2018, 07:05:11 AM
 #112

Ok then, let's do some quick calc.
0.0001 + 0.0002 + 0.0004 + 0.0008 + 0.0016 + 0.0032 + 0.005 = 0.0113 (your total bet)
How much you won? My guess 0.0099 (1.98 x 0.005)

So you sent them 0.0113 and they sent you back 0.0099 (not mentioning the tx fees)
How is this profit? I don't get it.


Your calculation is right!

I explain..
Profit of this series 0.0099-0.0113= - 0.0014 BCH.
Fees 1 cent each bet.

What you think next?.. Smiley
Yes, winnings series.. and -0.0014 BCH was been changed to positive profit.
well!
Bitfort
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March 30, 2018, 07:21:54 AM
 #113

Ok then, let's do some quick calc.
0.0001 + 0.0002 + 0.0004 + 0.0008 + 0.0016 + 0.0032 + 0.005 = 0.0113 (your total bet)
How much you won? My guess 0.0099 (1.98 x 0.005)

So you sent them 0.0113 and they sent you back 0.0099 (not mentioning the tx fees)
How is this profit? I don't get it.


Your calculation is right!

I explain..
Profit of this series 0.0099-0.0113= - 0.0014 BCH.
Fees 1 cent each bet.

What you think next?.. Smiley
Yes, winnings series.. and -0.0014 BCH was been changed to positive profit.
well!

I don't follow.
Is this mean you are playing in series and once you reach the max bet ( and you are in loss that series ) then you just reset your stats? Or the next series you begin with bet equal to previous series loss?
Isn't that sufficient proof your system is not working?

MY HINTs
◄M► MINING
◄G► GAMBLING
◄E► EXCHANGE

◄E► (KCS) Kucoin-Staking, Auto-Lending, Trading-Bot
◄E► (BNB) Binance-Staking, Savings, 10% RefBack
◄E► (TRX) Poloniex-Staking, Lending, Fee Discount
◄E► (LEO) Bitfinex-Staking, Auto-Lending

◄G► Betfury-Faucet, Dividend Earnings (BFG holders, mine BFG by playing)
◄G► Bitvest -  Faucet, Bankroll Invest
◄G► CryptoGames-Faucet, Lotto
◄G► PrimeDice-Faucet

◄M► Prohashing (Multipool)-Payout in any coin, get 0.50% bonus for 30 days
◄M► MiningRigRentals (Marketplace)-buy hashrate or rent your miners
◄M► Viabtc  (Pool)-payout to Coinex (exchnage) without fees


Saidmod
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March 30, 2018, 07:28:02 AM
 #114

Ok then, let's do some quick calc.
0.0001 + 0.0002 + 0.0004 + 0.0008 + 0.0016 + 0.0032 + 0.005 = 0.0113 (your total bet)
How much you won? My guess 0.0099 (1.98 x 0.005)

So you sent them 0.0113 and they sent you back 0.0099 (not mentioning the tx fees)
How is this profit? I don't get it.


Your calculation is right!

I explain..
Profit of this series 0.0099-0.0113= - 0.0014 BCH.
Fees 1 cent each bet.

What you think next?.. Smiley
Yes, winnings series.. and -0.0014 BCH was been changed to positive profit.
well!

I don't follow.
Is this mean you are playing in series and once you reach the max bet ( and you are in loss that series ) then you just reset your stats? Or the next series you begin with bet equal to previous series loss?
Isn't that sufficient proof your system is not working?

You got a point there wherein if you reach the max how could it be continued. Its not that good to start with your previous high bet. A fact that not everyone who bets is not capable of doing martingle strategy. It may work with those use small amounts as starting pot thats only possible.


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NeuroticFish
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March 30, 2018, 07:30:43 AM
 #115

So you sent them 0.0113 and they sent you back 0.0099 (not mentioning the tx fees)

I don't get it why people play in the way the have to pay tx fee for each and every bet. I find that counterproductive, even with such low tx fees.
Martingale "works" if the casino edge is 0%, there are no other fees, player has infinite money and the casino has no imposed max-bet limit.
Since these are never met (all of them), sooner or later Martingale will disappoint you. It's just a matter of time.

How is this profit? I don't get it.

Who need math when he had fun? Smiley
And now really, gambling is about having some fun, not about getting rich.

.
.HUGE.
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CASINSPORTSBOOK
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CryptoProphet (OP)
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March 30, 2018, 07:35:22 AM
 #116

Ok then, let's do some quick calc.
0.0001 + 0.0002 + 0.0004 + 0.0008 + 0.0016 + 0.0032 + 0.005 = 0.0113 (your total bet)
How much you won? My guess 0.0099 (1.98 x 0.005)

So you sent them 0.0113 and they sent you back 0.0099 (not mentioning the tx fees)
How is this profit? I don't get it.


Your calculation is right!

I explain..
Profit of this series 0.0099-0.0113= - 0.0014 BCH.
Fees 1 cent each bet.

What you think next?.. Smiley
Yes, winnings series.. and -0.0014 BCH was been changed to positive profit.
well!

I don't follow.
Is this mean you are playing in series and once you reach the max bet ( and you are in loss that series ) then you just reset your stats? Or the next series you begin with bet equal to previous series loss?
Isn't that sufficient proof your system is not working?

You got a point there wherein if you reach the max how could it be continued. Its not that good to start with your previous high bet. A fact that not everyone who bets is not capable of doing martingle strategy. It may work with those use small amounts as starting pot thats only possible.

If I reach max bet, I begin with min bet again and get profit in the next series..
I want say that was been 1 time and bet #7 won.
Basic losses 3-4 in row, no more.. this is my statistic
Bitfort
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March 30, 2018, 07:55:11 AM
 #117

...
Who need math when he had fun? Smiley
And now really, gambling is about having some fun, not about getting rich.

Fully agree, I see it same.
This topic started as quite innocent experiment (though it's proven this is not working I accept OP want's to explore it personaly) but later turned into "c'mon guys I have working solution, try it as well ..." This is how I see it now and what bugs me.
He could lure some members to try it and lose their funds. I don't like that.

MY HINTs
◄M► MINING
◄G► GAMBLING
◄E► EXCHANGE

◄E► (KCS) Kucoin-Staking, Auto-Lending, Trading-Bot
◄E► (BNB) Binance-Staking, Savings, 10% RefBack
◄E► (TRX) Poloniex-Staking, Lending, Fee Discount
◄E► (LEO) Bitfinex-Staking, Auto-Lending

◄G► Betfury-Faucet, Dividend Earnings (BFG holders, mine BFG by playing)
◄G► Bitvest -  Faucet, Bankroll Invest
◄G► CryptoGames-Faucet, Lotto
◄G► PrimeDice-Faucet

◄M► Prohashing (Multipool)-Payout in any coin, get 0.50% bonus for 30 days
◄M► MiningRigRentals (Marketplace)-buy hashrate or rent your miners
◄M► Viabtc  (Pool)-payout to Coinex (exchnage) without fees


CryptoProphet (OP)
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March 30, 2018, 08:11:43 AM
 #118

...
Who need math when he had fun? Smiley
And now really, gambling is about having some fun, not about getting rich.

Fully agree, I see it same.
This topic started as quite innocent experiment (though it's proven this is not working I accept OP want's to explore it personaly) but later turned into "c'mon guys I have working solution, try it as well ..." This is how I see it now and what bugs me.
He could lure some members to try it and lose their funds. I don't like that.

I don't lure any member to try it but my statistic and my own experiment show that this strategy really works. 
Also 0.0001..0.005BCH is not big amount for lose because you can't be reach max bet.. This is fact
Caladonian
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March 30, 2018, 08:21:40 AM
 #119

...
Who need math when he had fun? Smiley
And now really, gambling is about having some fun, not about getting rich.

Fully agree, I see it same.
This topic started as quite innocent experiment (though it's proven this is not working I accept OP want's to explore it personaly) but later turned into "c'mon guys I have working solution, try it as well ..." This is how I see it now and what bugs me.
He could lure some members to try it and lose their funds. I don't like that.

I don't lure any member to try it but my statistic and my own experiment show that this strategy really works. 
Also 0.0001..0.005BCH is not big amount for lose because you can't be reach max bet.. This is fact

Very well that you said that OP, its your own position that your experiment works for you and we can't really say that it will also work for everyone,
the fact that the system itself have different result from each game that we have, just let it that way and enjoy your game OP, more luck and success
to your strategy.
CryptoProphet (OP)
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March 30, 2018, 08:32:21 AM
 #120

...
Who need math when he had fun? Smiley
And now really, gambling is about having some fun, not about getting rich.

Fully agree, I see it same.
This topic started as quite innocent experiment (though it's proven this is not working I accept OP want's to explore it personaly) but later turned into "c'mon guys I have working solution, try it as well ..." This is how I see it now and what bugs me.
He could lure some members to try it and lose their funds. I don't like that.

I don't lure any member to try it but my statistic and my own experiment show that this strategy really works. 
Also 0.0001..0.005BCH is not big amount for lose because you can't be reach max bet.. This is fact

Very well that you said that OP, its your own position that your experiment works for you and we can't really say that it will also work for everyone,
the fact that the system itself have different result from each game that we have, just let it that way and enjoy your game OP, more luck and success
to your strategy.

In the anyway we can't really say that it will be don't work for everyone.
Thanks for wishing luck to me Smiley
Ok, I think need create video clip with my experience and you can see it.

what software need use for record screen video?
Bitfort
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March 30, 2018, 09:05:44 AM
 #121

...
Who need math when he had fun? Smiley
And now really, gambling is about having some fun, not about getting rich.

Fully agree, I see it same.
This topic started as quite innocent experiment (though it's proven this is not working I accept OP want's to explore it personaly) but later turned into "c'mon guys I have working solution, try it as well ..." This is how I see it now and what bugs me.
He could lure some members to try it and lose their funds. I don't like that.

I don't lure any member to try it but my statistic and my own experiment show that this strategy really works.  
Also 0.0001..0.005BCH is not big amount for lose because you can't be reach max bet.. This is fact


You don't?

Topic name:  Martingale for win ..

....
You can try this method.
...

both sounds like luring to me.

Luckily for you this site has very low max bet so I agree it won't ruin almost anybody.
But it's not about amounts. This is about principle. You're bragging here about your winings and intentionally didn't mention there are series you lost (who knows what else you hide).
Others could go and try to apply your "working" method at other sites with much higher max bets eventually resulting in their bankruptcy.

Nevermind. Think I'm done here, won't bother you anymore.
Wish you luck but also asking you to refrain of advising others to try it and similar.



MY HINTs
◄M► MINING
◄G► GAMBLING
◄E► EXCHANGE

◄E► (KCS) Kucoin-Staking, Auto-Lending, Trading-Bot
◄E► (BNB) Binance-Staking, Savings, 10% RefBack
◄E► (TRX) Poloniex-Staking, Lending, Fee Discount
◄E► (LEO) Bitfinex-Staking, Auto-Lending

◄G► Betfury-Faucet, Dividend Earnings (BFG holders, mine BFG by playing)
◄G► Bitvest -  Faucet, Bankroll Invest
◄G► CryptoGames-Faucet, Lotto
◄G► PrimeDice-Faucet

◄M► Prohashing (Multipool)-Payout in any coin, get 0.50% bonus for 30 days
◄M► MiningRigRentals (Marketplace)-buy hashrate or rent your miners
◄M► Viabtc  (Pool)-payout to Coinex (exchnage) without fees


NeuroticFish
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March 30, 2018, 09:06:43 AM
 #122

what software need use for record screen video?

The best one I've found until for such job is "iSpring Free cam 8". The bad part is that it creates WMV, so you'll need Handbrake afterwards to convert to MP4.
My main problem was that many free recorders don't handle well long recording sessions (many hours). Since you need for shorter periods, you have more to chose from (like this screen recorder, from Sketchman Studio, for example)

.
.HUGE.
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CASINSPORTSBOOK
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iluvbitcoins
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March 30, 2018, 09:08:50 AM
 #123

...
Who need math when he had fun? Smiley
And now really, gambling is about having some fun, not about getting rich.

Fully agree, I see it same.
This topic started as quite innocent experiment (though it's proven this is not working I accept OP want's to explore it personaly) but later turned into "c'mon guys I have working solution, try it as well ..." This is how I see it now and what bugs me.
He could lure some members to try it and lose their funds. I don't like that.

I don't lure any member to try it but my statistic and my own experiment show that this strategy really works. 
Also 0.0001..0.005BCH is not big amount for lose because you can't be reach max bet.. This is fact

Very well that you said that OP, its your own position that your experiment works for you and we can't really say that it will also work for everyone,
the fact that the system itself have different result from each game that we have, just let it that way and enjoy your game OP, more luck and success
to your strategy.

In the anyway we can't really say that it will be don't work for everyone.
Thanks for wishing luck to me Smiley
Ok, I think need create video clip with my experience and you can see it.

what software need use for record screen video?

Fraps is good but the video size is too big
Try CamStudio, it's pretty straightforward and easy to use

You can use Microsoft Expression Encoder later on to compress the file so your upload doesn't take forever

Looking for a signature campaign.
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March 30, 2018, 09:12:16 AM
 #124

...
But sometime can't stop.. you know this too

And when you play martingale, you must know when to stop because martiangle will make you loss in long term playing.
Even someone who has huge bankroll, he can experience 20 loss streak with martingale.

Sometime human's greed make people forget to stop but it's essential thing before he busted
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March 30, 2018, 01:10:02 PM
 #125

...
But sometime can't stop.. you know this too

And when you play martingale, you must know when to stop because martiangle will make you loss in long term playing.
Even someone who has huge bankroll, he can experience 20 loss streak with martingale.

Sometime human's greed make people forget to stop but it's essential thing before he busted

Martingale mean long term playing, it meant big loss and if you are lucky ones, just like he, then you will get winning, otherwise, mostly i see people do greedy and in the end they busted. Martingale suit for those gamblers who have big bankroll.   

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March 30, 2018, 01:33:45 PM
 #126

...
But sometime can't stop.. you know this too

And when you play martingale, you must know when to stop because martiangle will make you loss in long term playing.
Even someone who has huge bankroll, he can experience 20 loss streak with martingale.

Sometime human's greed make people forget to stop but it's essential thing before he busted

Martingale mean long term playing, it meant big loss and if you are lucky ones, just like he, then you will get winning, otherwise, mostly i see people do greedy and in the end they busted. Martingale suit for those gamblers who have big bankroll.   

Its really a hard situation because longer you keep playing more loses you will add to you bag . So people should have a very basic thing in mind that is if they win in the initial stages itself while playing the game they should take away the profits and move out of it rather than keep playing for more profits.

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March 30, 2018, 05:09:22 PM
 #127

...
Who need math when he had fun? Smiley
And now really, gambling is about having some fun, not about getting rich.

Fully agree, I see it same.
This topic started as quite innocent experiment (though it's proven this is not working I accept OP want's to explore it personaly) but later turned into "c'mon guys I have working solution, try it as well ..." This is how I see it now and what bugs me.
He could lure some members to try it and lose their funds. I don't like that.

I don't lure any member to try it but my statistic and my own experiment show that this strategy really works.  
Also 0.0001..0.005BCH is not big amount for lose because you can't be reach max bet.. This is fact


You don't?

Topic name:  Martingale for win ..

....
You can try this method.
...

both sounds like luring to me.

Luckily for you this site has very low max bet so I agree it won't ruin almost anybody.
But it's not about amounts. This is about principle. You're bragging here about your winings and intentionally didn't mention there are series you lost (who knows what else you hide).
Others could go and try to apply your "working" method at other sites with much higher max bets eventually resulting in their bankruptcy.

Nevermind. Think I'm done here, won't bother you anymore.
Wish you luck but also asking you to refrain of advising others to try it and similar.


Why you don't can believe me?
I do not hide the losing series here because they were not there.
I say you "try and check" because you don't believe.. You can change your opinion after test this method and I don't say about other sites..
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March 30, 2018, 06:42:27 PM
 #128

...
But sometime can't stop.. you know this too

And when you play martingale, you must know when to stop because martiangle will make you loss in long term playing.
Even someone who has huge bankroll, he can experience 20 loss streak with martingale.

Sometime human's greed make people forget to stop but it's essential thing before he busted

Martingale mean long term playing, it meant big loss and if you are lucky ones, just like he, then you will get winning, otherwise, mostly i see people do greedy and in the end they busted. Martingale suit for those gamblers who have big bankroll.   

Its really a hard situation because longer you keep playing more loses you will add to you bag . So people should have a very basic thing in mind that is if they win in the initial stages itself while playing the game they should take away the profits and move out of it rather than keep playing for more profits.


Out of 100 players, I think hardly 5 to 10 players can follow your method rest of all walkout home with empty hands. it is not easy to control our mind when we are in long run win. but the fact is we have to control then only we can able to walk out with a profit.
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March 30, 2018, 07:59:32 PM
 #129

...
But sometime can't stop.. you know this too

And when you play martingale, you must know when to stop because martiangle will make you loss in long term playing.
Even someone who has huge bankroll, he can experience 20 loss streak with martingale.

Sometime human's greed make people forget to stop but it's essential thing before he busted
Martingale is a trick that I use to admire the most. It is definitely a big risk and the person who is willing to adopt this strategy must be ready to have large amount of money and some guts too. Every time you need to increase the size of bet and the gambler must be able to play 10 to 15 games after one another. Only this way his percentage of winning can increase. But this is also a possibility that he loses all the shots. But this is how gambling is. No safety in anything.
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March 30, 2018, 11:09:19 PM
 #130

Such a dangerous system to use, and honestly it's not as simple as you're making it out to be.
I would be very hesitant about using this system because I've personally failed at it many times in the past.

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March 31, 2018, 09:40:01 AM
 #131

The Martingale system is a technically unsuccessful method because you can make a profit in the short term. In the long run, it is very likely that you will lose money no matter how much you start. So do not use the martingale system for a long time.

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April 02, 2018, 02:00:54 AM
 #132

what software need use for record screen video?

The best one I've found until for such job is "iSpring Free cam 8". The bad part is that it creates WMV, so you'll need Handbrake afterwards to convert to MP4.
My main problem was that many free recorders don't handle well long recording sessions (many hours). Since you need for shorter periods, you have more to chose from (like this screen recorder, from Sketchman Studio, for example)

ok, I will make video soon.
Thanks!
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April 02, 2018, 11:16:41 AM
 #133

In a similar way to blackjack, if you lose the spin after you place the bet then you double your ante in turn following the wheel. To make sure the Martingale System can be properly implemented on the roulette table, players will need to limit their bets to red or black (essentially 50/50 propositions).

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April 02, 2018, 01:53:51 PM
 #134

The Martingale system is a technically unsuccessful method because you can make a profit in the short term. In the long run, it is very likely that you will lose money no matter how much you start. So do not use the martingale system for a long time.

Self discipline will be the key to each of us who will use this method, if we are really aiming to take some chances and to win little,  we also knew
that luck itself can bring things to our favor, with or without any strategy discipline and luck will dictates our fate inside gambling.
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April 02, 2018, 02:34:05 PM
 #135

Hi,
I try to play on http://oddevenbets.com

I want try martingale strategy now..


My next 10 bets!
Great result, 7 win, 3 lose Grin




Look this! Martingale works fine Grin




Just because you won some bets does not mean that the martingale system works at all, that only means that you have being lucky, it has been proven many times that the martingale system does not work I know it may seem unlikely that you are going to lose that many times in a row but it happens all the time I have seen stranger things happen in real life in a casino to know that eventually you're going to lose many times in a row.

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July 05, 2018, 01:17:02 PM
 #136

Martingale is not a safe strategy. You would bust all your balance in no time. When i started gambling, Martingale was my favorite strategy but, it didn't last for long. You won big because luck was on your side. My suggestion is to try some other strategies too. Martingale is good for a start, the longer you play there would be more losing streaks. If you don't have a big balance to cover the losses then, it'll end up busting all your money.

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July 05, 2018, 02:06:56 PM
 #137

Martingale is not a safe strategy. You would bust all your balance in no time. When i started gambling, Martingale was my favorite strategy but, it didn't last for long. You won big because luck was on your side. My suggestion is to try some other strategies too. Martingale is good for a start, the longer you play there would be more losing streaks. If you don't have a big balance to cover the losses then, it'll end up busting all your money.
Gamblers also called martingale as martinfail. Agreed with that, martingale is only good at the start followed by red streak that will turn your balance into zero, just like that. Those long time gambler, only few used that strategy now. Mostly newbie used it.
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July 05, 2018, 03:42:52 PM
 #138

Martingale is not a safe strategy. You would bust all your balance in no time. When i started gambling, Martingale was my favorite strategy but, it didn't last for long. You won big because luck was on your side. My suggestion is to try some other strategies too. Martingale is good for a start, the longer you play there would be more losing streaks. If you don't have a big balance to cover the losses then, it'll end up busting all your money.
Gamblers also called martingale as martinfail. Agreed with that, martingale is only good at the start followed by red streak that will turn your balance into zero, just like that. Those long time gambler, only few used that strategy now. Mostly newbie used it.
martingale method will make your pocket empty within a few minutes, I don't tell this strategy will not work completely but if you follow some conditions you can make a profit. your capital must be very high then only you can afford in long run and sometimes you have to use reverse martingale method also but this method is too risky.
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July 05, 2018, 04:11:37 PM
 #139

Another victim who believes martingale will make him win in the long run, these people never run even by the experiences of so many people who have lost their savings and entire earning perusing a lost cause in a strategy that's not even worked any wonders but only have taken funds from people earning. I would strongly advise people not to do it.
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July 05, 2018, 09:07:24 PM
 #140

I wont use martingale strategy to gain or earn profits in gambling. Gambling is nothing but a game of chance, so if you get lucky and won 3-6 times in a row, then that's luck, no need to give it name and claim its martingale its just pure luck. I tried it before it didn't work, it just creates an illusion that it is working at first but at the end of the day, its still luck that will make you win not the strategy.
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July 05, 2018, 11:07:29 PM
 #141

If anyone wants to still give it a green try for this, just try different martingale strategies like triple bet then go back to 1x or just switch sides.
Off course in the end everything that matters is changing strategy after some bets and not sticking still waiting for some red streak.
Just know when to stop, change strategy or change Cassino site.

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July 06, 2018, 11:06:19 PM
 #142

Hi,
I try to play on http://oddevenbets.com

I want try martingale strategy now..


My next 10 bets!
Great result, 7 win, 3 lose Grin




Look this! Martingale works fine Grin





Yeah martingale is the best method to win in a dice game site, but always make sure you stop everytime you win already because time will come your profit and bankroll will be eaten by house edge. By the way congrats on your winnings and have more luck to come.

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July 07, 2018, 02:22:39 AM
 #143

Another victim who believes martingale will make him win in the long run, these people never run even by the experiences of so many people who have lost their savings and entire earning perusing a lost cause in a strategy that's not even worked any wonders but only have taken funds from people earning. I would strongly advise people not to do it.

I've been using these strategy the first time I gambled on gambling sites, this is a common strategy on my  early experiences on card games when I am gambling with my cousins though we are betting something like marbles and not money. This strategy is a high risk high return strategy though, I agree that people must not do it since gambling is not a sure way to get a good profit.

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July 07, 2018, 03:06:54 AM
 #144

Yeah martingale is the best method to win in a dice game site, but always make sure you stop everytime you win already because time will come your profit and bankroll will be eaten by house edge. By the way congrats on your winnings and have more luck to come.

with the best method and of course, with having a luck, you can win in any of gambling games so you can win the money. and I see that he can win a nice winning in a dice game. but he needs to always remember that he doesn't have to play for a long time and he should know when the time to stop the games and get the money. and if he cannot do this then he needs to know that his chance of getting lost is wide open.

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July 09, 2018, 03:58:38 AM
 #145

Another victim who believes martingale will make him win in the long run, these people never run even by the experiences of so many people who have lost their savings and entire earning perusing a lost cause in a strategy that's not even worked any wonders but only have taken funds from people earning. I would strongly advise people not to do it.

I've been using these strategy the first time I gambled on gambling sites, this is a common strategy on my  early experiences on card games when I am gambling with my cousins though we are betting something like marbles and not money. This strategy is a high risk high return strategy though, I agree that people must not do it since gambling is not a sure way to get a good profit.

Right, I also used this strategy on my early years of gambling. However, we all now that the success really depends on luck. So it's still 50/50. I used variations of Martingale, but I wouldn't say I'm completely satisfied by it though. Its really up to us if we wanted to stick with one system or just bet with your instinct and see how it goes for you.

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July 12, 2018, 06:40:50 AM
 #146

Martingale is not a safe strategy. You would bust all your balance in no time. When i started gambling, Martingale was my favorite strategy but, it didn't last for long. You won big because luck was on your side. My suggestion is to try some other strategies too. Martingale is good for a start, the longer you play there would be more losing streaks. If you don't have a big balance to cover the losses then, it'll end up busting all your money.
Gamblers also called martingale as martinfail. Agreed with that, martingale is only good at the start followed by red streak that will turn your balance into zero, just like that. Those long time gambler, only few used that strategy now. Mostly newbie used it.
Either you call it this name or that name, results can’t be concealed. No body have got satisfaction with this gambling. Anyone who was the expert gambler of his time, that was good only for that time only. And now he is advising people not to come here in this game because this is fatal. People have lost their lives and kids and houses and everything they had just because of its addiction.
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July 14, 2018, 06:09:51 AM
 #147

Yeah martingale is the best method to win in a dice game site, but always make sure you stop everytime you win already because time will come your profit and bankroll will be eaten by house edge. By the way congrats on your winnings and have more luck to come.

with the best method and of course, with having a luck, you can win in any of gambling games so you can win the money. and I see that he can win a nice winning in a dice game. but he needs to always remember that he doesn't have to play for a long time and he should know when the time to stop the games and get the money. and if he cannot do this then he needs to know that his chance of getting lost is wide open.
I have been here for long time and seeing these posts, one thing I just get. You all know the consequences of gambling and you all know you would be getting huge losses here. But you are only depending on luck. You don’t know whether you are lucky today or not and you just get in this game and lose big values and numbers and then regret over your lifetime and ruining your lives.

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July 17, 2018, 07:57:36 AM
 #148

Mathematically speaking martingale will keep you winning for a long time, unless you get a big bad streak right at the beginning. I remember a time where I had a winning streak of 2 months I literally paid bunch of stuff with the winning.

Of course that was until the inevitable loss streak and I have lost everything. I had a 17!! loss streak, which at the time I tought was impossible to lose 17 in a row. I managed to do it and now I am only doing half and half and keep doing it with same amount, will I be lucky or not depends on the games.
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August 15, 2018, 11:00:06 AM
 #149

Mathematically speaking martingale will keep you winning for a long time, unless you get a big bad streak right at the beginning. I remember a time where I had a winning streak of 2 months I literally paid bunch of stuff with the winning.

Of course that was until the inevitable loss streak and I have lost everything. I had a 17!! loss streak, which at the time I tought was impossible to lose 17 in a row. I managed to do it and now I am only doing half and half and keep doing it with same amount, will I be lucky or not depends on the games.
I would not call a 2 months streak a "long" winning period. If you are careful it's possible to have a 12 month winning period. Had two positive years in the past (2014 and 2017), ended up losing all the following year of course  Cheesy
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August 15, 2018, 11:45:13 AM
 #150

Martingale works fine until it doesn't and you lose all your balance with unexpected additional reds. Nevertheless, all of us try this strategy from to time because with small amount of bets and sufficient bankroll it works mostly. But you should never overuse it because with thousands of bets made the probability of hitting a really long losing streak increases. Also keep in mind that it is not improbable to hit that streak from your very first bets. Once I won 750k sats in an hour doing 2x martingale on a dice site, but in other days I was losing with it, and I can say that my overall profit from using martingale is negative.

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August 15, 2018, 06:27:17 PM
 #151

Hi,
I try to play on http://oddevenbets.com

I want try martingale strategy now..


My next 10 bets!
Great result, 7 win, 3 lose Grin




Look this! Martingale works fine Grin





10 bets? Ya fuck long run shit. Cheesy who cares, 10 is a good sample size.
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August 15, 2018, 07:17:59 PM
 #152

Martingale works fine until it doesn't and you lose all your balance with unexpected additional reds. Nevertheless, all of us try this strategy from to time because with small amount of bets and sufficient bankroll it works mostly. But you should never overuse it because with thousands of bets made the probability of hitting a really long losing streak increases. Also keep in mind that it is not improbable to hit that streak from your very first bets. Once I won 750k sats in an hour doing 2x martingale on a dice site, but in other days I was losing with it, and I can say that my overall profit from using martingale is negative.
This is actually the fact and it had been said for a thousand times that martingale wont really be effective anytime because sooner or later it will bust you out even no matter how big your bank roll is. There are really times that it will really give you out confidence when you do see that you are profiting but as being said not all the times you would be profitable because losing streak can possibly occur anytime which will turn those profits into a thin air in an instant.

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August 16, 2018, 06:36:48 AM
 #153

Many people here saying that martingale is not good but, one way or other we tried this strategy at least one. I have not good experience with the strategy. Anyway, in the long run no strategy is safe. Some might get lucky to make a fortune from it, some don't. Happy for this guy.

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August 16, 2018, 07:04:44 AM
 #154

Many people here saying that martingale is not good but, one way or other we tried this strategy at least one. I have not good experience with the strategy. Anyway, in the long run no strategy is safe. Some might get lucky to make a fortune from it, some don't. Happy for this guy.
No questions about that, from any other form of strategy chances of hitting your luck will permits you to win from your gambling activity while greediness will place you in your danger zone while possibly you lose everything you have when the red ones strikes, remember that it's depend from each types of gamblers to take advantages from any working strategy that they have and gain profits.
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August 16, 2018, 07:46:29 AM
Last edit: August 16, 2018, 10:19:22 AM by Pan Troglodytes
Merited by bug.lady (2)
 #155

Many people here saying that martingale is not good but, one way or other we tried this strategy at least one. I have not good experience with the strategy. Anyway, in the long run no strategy is safe. Some might get lucky to make a fortune from it, some don't. Happy for this guy.
It does not work and even if it did it would NOT give you a fortune. You get one dollar back risking all your money each time, because if the strategy fails it means you ran out of money.

Have a look at this example:
  • Say, you loose 1$, so you now stake 2$. You already lost 1$, and you have a chance to win 1$ profit.
  • Next you loose those 2$, and you now stake 4$. You already lost 3$ total, and you have a chance to win 1$ profit.
  • Next you loose those 4$, and you now stake 8$. You already lost 7$ total, and you have a chance to win 1$ profit.
  • Next you loose those 8$, and you now stake 16$. You already lost 15$ total, and you have a chance to win 1$ profit.
  • and so on

As you can see, even assuming the strategy doesn't break (=you run out of money = total bankruptsy) you risk all your money to win one dollar back. How can that make you a fortune Huh

[Post was edited to remove ambiguity]
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August 16, 2018, 07:58:30 AM
 #156

Many people here saying that martingale is not good but, one way or other we tried this strategy at least one. I have not good experience with the strategy. Anyway, in the long run no strategy is safe. Some might get lucky to make a fortune from it, some don't. Happy for this guy.
It does not work and even if it did it would NOT give you a fortune. You get one dollar back risking all your money each time, because if the strategy fails it means you ran out of money.

Have a look at this example:
  • Say, you loose 1$, so you now stake 2$. You already lost 1$, and you have a chance to win 1$ back.
  • Next you loose those 2$, and you now stake 4$. You already lost 3$ total, and you have a chance to win 1$ back.
  • Next you loose those 4$, and you now stake 8$. You already lost 7$ total, and you have a chance to win 1$ back.
  • Next you loose those 8$, and you now stake 16$. You already lost 15$ total, and you have a chance to win 1$ back.
  • and so on

As you can see, even assuming the strategy doesn't break (=you run out of money = total bankruptsy) you risk all your money to win one dollar back. How can that make you a fortune Huh
No, you have a chance to win your 15$ back + 1$ more. This is the nature of martingale, whenever you hit win to clear all accumulated loses and be on profit.
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August 16, 2018, 08:06:38 AM
 #157

Many people here saying that martingale is not good but, one way or other we tried this strategy at least one. I have not good experience with the strategy. Anyway, in the long run no strategy is safe. Some might get lucky to make a fortune from it, some don't. Happy for this guy.
It does not work and even if it did it would NOT give you a fortune. You get one dollar back risking all your money each time, because if the strategy fails it means you ran out of money.

Have a look at this example:
  • Say, you loose 1$, so you now stake 2$. You already lost 1$, and you have a chance to win 1$ back.
  • Next you loose those 2$, and you now stake 4$. You already lost 3$ total, and you have a chance to win 1$ back.
  • Next you loose those 4$, and you now stake 8$. You already lost 7$ total, and you have a chance to win 1$ back.
  • Next you loose those 8$, and you now stake 16$. You already lost 15$ total, and you have a chance to win 1$ back.
  • and so on

As you can see, even assuming the strategy doesn't break (=you run out of money = total bankruptsy) you risk all your money to win one dollar back. How can that make you a fortune Huh
No, you have a chance to win your 15$ back + 1$ more. This is the nature of martingale, whenever you hit win to clear all accumulated loses and be on profit.
Correct , We know that martingale technique is so risky that if you run out of money you will totally lose the game , But this technique is effective on a persons that has a very large bank roll. But it is isnt effective on a small ones. Just remember that dont over spend your time on playing gamble because you will all lose in the end.
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August 16, 2018, 10:15:12 AM
 #158

Many people here saying that martingale is not good but, one way or other we tried this strategy at least one. I have not good experience with the strategy. Anyway, in the long run no strategy is safe. Some might get lucky to make a fortune from it, some don't. Happy for this guy.
It does not work and even if it did it would NOT give you a fortune. You get one dollar back risking all your money each time, because if the strategy fails it means you ran out of money.

Have a look at this example:
  • Say, you loose 1$, so you now stake 2$. You already lost 1$, and you have a chance to win 1$ back.
  • Next you loose those 2$, and you now stake 4$. You already lost 3$ total, and you have a chance to win 1$ back.
  • Next you loose those 4$, and you now stake 8$. You already lost 7$ total, and you have a chance to win 1$ back.
  • Next you loose those 8$, and you now stake 16$. You already lost 15$ total, and you have a chance to win 1$ back.
  • and so on

As you can see, even assuming the strategy doesn't break (=you run out of money = total bankruptsy) you risk all your money to win one dollar back. How can that make you a fortune Huh
No, you have a chance to win your 15$ back + 1$ more. This is the nature of martingale, whenever you hit win to clear all accumulated loses and be on profit.
Yes, I thought this is what I wrote. You have a chance to win what you have lost back and be 1 dollar on profit. So you risk all your money to be +1 dollar in the end.

There are two possible outcomes after all is done:
1. you are +1 dollar
2. you lost all your money

It makes sense to stake one dollar with chances to win one dollar. But staking all your money on slim chances to win one dollar doesn't look like a way to win a fortune to me. This was my point.

Now, on the second reading, I admit my initial post maybe was ambiguous and I have edited it to remove this ambiguity.
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August 16, 2018, 10:23:13 AM
Last edit: August 16, 2018, 12:16:30 PM by FlightyPouch
 #159

Correct , We know that martingale technique is so risky that if you run out of money you will totally lose the game , But this technique is effective on a persons that has a very large bank roll. But it is isnt effective on a small ones. Just remember that dont over spend your time on playing gamble because you will all lose in the end.

That is obvious, if you run out of money that is the signal that you lose, does it mean anything else? Martingale is a great strategy really for an individual that has a lot of number in his bank roll. Don't try this strategy if you just have some number that can be gambled on your wallet since you will not just lose but you will be losing it in a blink of an eye.

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Pan Troglodytes
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August 16, 2018, 10:38:18 AM
 #160

Correct , We know that martingale technique is so risky that if you run out of money you will totally lose the game , But this technique is effective on a persons that has a very large bank roll. But it is isnt effective on a small ones. Just remember that dont over spend your time on playing gamble because you will all lose in the end.

That is obvious, if you run out of money that is the signal that you lose, does it mean anything else? Martingale is a great strategy really for an individual that has a lot of number in his bank roll. Don't try this strategy if you just have some number that can be gambled on your wallet since you will not just lose but you will be losing it in a blink of an eye.
The whole point I was making was to show that it is NOT a great strategy ESPECIALLY for an individual with a long bankroll. That particular individual would be eventually risking his whole money just to win a single stake 1$ profit. It is lunacy!
FlightyPouch
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August 16, 2018, 12:19:28 PM
 #161

Correct , We know that martingale technique is so risky that if you run out of money you will totally lose the game , But this technique is effective on a persons that has a very large bank roll. But it is isnt effective on a small ones. Just remember that dont over spend your time on playing gamble because you will all lose in the end.

That is obvious, if you run out of money that is the signal that you lose, does it mean anything else? Martingale is a great strategy really for an individual that has a lot of number in his bank roll. Don't try this strategy if you just have some number that can be gambled on your wallet since you will not just lose but you will be losing it in a blink of an eye.
The whole point I was making was to show that it is NOT a great strategy ESPECIALLY for an individual with a long bankroll. That particular individual would be eventually risking his whole money just to win a single stake 1$ profit. It is lunacy!


Well, I am not having an argument about your post unless you are abel1337 user. Hmmm  Roll Eyes Roll Eyes

High risk, high return, that is the usual saying of these gamblers, not only them but also these investors investing on a lot of great crypto currencies. I am not saying that it is a good thing I am just saying that it can be a good thing.

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Betwrong
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August 16, 2018, 12:23:47 PM
 #162

Many people here saying that martingale is not good but, one way or other we tried this strategy at least one. I have not good experience with the strategy. Anyway, in the long run no strategy is safe. Some might get lucky to make a fortune from it, some don't. Happy for this guy.
It does not work and even if it did it would NOT give you a fortune. You get one dollar back risking all your money each time, because if the strategy fails it means you ran out of money.

Have a look at this example:
  • Say, you loose 1$, so you now stake 2$. You already lost 1$, and you have a chance to win 1$ profit.
  • Next you loose those 2$, and you now stake 4$. You already lost 3$ total, and you have a chance to win 1$ profit.
  • Next you loose those 4$, and you now stake 8$. You already lost 7$ total, and you have a chance to win 1$ profit.
  • Next you loose those 8$, and you now stake 16$. You already lost 15$ total, and you have a chance to win 1$ profit.
  • and so on

As you can see, even assuming the strategy doesn't break (=you run out of money = total bankruptsy) you risk all your money to win one dollar back. How can that make you a fortune Huh

[Post was edited to remove ambiguity]

I don't want to advocate martingale strategy but for fairness' sake I must say that it can make you a fortune in some scenarios, and here's how. The thing is that sometimes you win your first bet, and the second one, and the third one. When using an automated betting on a dice site with good speed it can bring you $3 per second in the best case scenario, and $1 per second on average. With $256 bankroll you can safely afford 7 reds in a row and it is possible that in a time span, say, of 20 minutes you won't hit 8 reds in a row playing with 49.5% win chance. Thus you can make over $1k in 20 minutes. There were numerous examples of that and that's why this strategy is so attractive. If gamblers were only losing with martingale, this strategy would be forgotten long time ago and we wouldn't be discussing it here.

That being said, it is not improbable that you will lose your $256 during the first five seconds, and it most likely that you will lose everything with thousands and thousands of bets.

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kurian
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August 16, 2018, 12:27:17 PM
 #163

Many people here saying that martingale is not good but, one way or other we tried this strategy at least one. I have not good experience with the strategy. Anyway, in the long run no strategy is safe. Some might get lucky to make a fortune from it, some don't. Happy for this guy.
It does not work and even if it did it would NOT give you a fortune. You get one dollar back risking all your money each time, because if the strategy fails it means you ran out of money.

Have a look at this example:
  • Say, you loose 1$, so you now stake 2$. You already lost 1$, and you have a chance to win 1$ profit.
  • Next you loose those 2$, and you now stake 4$. You already lost 3$ total, and you have a chance to win 1$ profit.
  • Next you loose those 4$, and you now stake 8$. You already lost 7$ total, and you have a chance to win 1$ profit.
  • Next you loose those 8$, and you now stake 16$. You already lost 15$ total, and you have a chance to win 1$ profit.
  • and so on

As you can see, even assuming the strategy doesn't break (=you run out of money = total bankruptsy) you risk all your money to win one dollar back. How can that make you a fortune Huh

[Post was edited to remove ambiguity]

Well said. I totally agree with you. I didn't say martingale is a sure win. What i was trying to convey was, I am happy for this guy and he did made some profit using this strategy.
and about making a fortune from this strategy, If a highroller bets with big amount and he somehow managed to get winning bet after two or three loses for some time then, he would definitely make some fortune from it.. (Even it sounds unbelievable, it's probable right) .

Pan Troglodytes
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August 16, 2018, 12:29:55 PM
 #164

Correct , We know that martingale technique is so risky that if you run out of money you will totally lose the game , But this technique is effective on a persons that has a very large bank roll. But it is isnt effective on a small ones. Just remember that dont over spend your time on playing gamble because you will all lose in the end.

That is obvious, if you run out of money that is the signal that you lose, does it mean anything else? Martingale is a great strategy really for an individual that has a lot of number in his bank roll. Don't try this strategy if you just have some number that can be gambled on your wallet since you will not just lose but you will be losing it in a blink of an eye.
The whole point I was making was to show that it is NOT a great strategy ESPECIALLY for an individual with a long bankroll. That particular individual would be eventually risking his whole money just to win a single stake 1$ profit. It is lunacy!


Well, I am not having an argument about your post unless you are abel1337 user. Hmmm  Roll Eyes Roll Eyes

No I don't know him. Why? EDIT: OK I am dumb



High risk, high return, that is the usual saying of these gamblers, not only them but also these investors investing on a lot of great crypto currencies. I am not saying that it is a good thing I am just saying that it can be a good thing.

High risk&high return is OK, buying crypto is just that - high risk&high return, where high risk enables high rewards. But again: martingale is all about high risk and low return Smiley
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August 16, 2018, 06:03:27 PM
 #165

Hi,
I try to play on http://oddevenbets.com

I want try martingale strategy now..


My next 10 bets!
Great result, 7 win, 3 lose Grin


Look this! Martingale works fine Grin


That is your proof? You just won a few bets and that is enough for you? The longer you play the greater the chances that you will lose, I do not care if you need to lose a 100 times in order for your martingale system to be beaten, it may sound impossible for that to happen but as long as you keep playing that will eventually happen, if you like to gamble I will recommend to you that you try some games that you can actually beat like poker or sports bets.
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August 16, 2018, 06:30:27 PM
 #166

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale. And don't forget martingales work not only for you they works for website as well.
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August 16, 2018, 08:33:07 PM
 #167

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale. And don't forget martingales work not only for you they works for website as well.

Well there are always other martingale based strategies, just need to calculate some of them Cheesy

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August 16, 2018, 10:04:55 PM
 #168

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale. And don't forget martingales work not only for you they works for website as well.

Well there are always other martingale based strategies, just need to calculate some of them Cheesy
Indeed, calculation is aslo good idea but you cannot often calculate and sometimes your calculations aren't go right cause of house edge Tongue
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August 16, 2018, 10:17:57 PM
 #169

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale. And don't forget martingales work not only for you they works for website as well.
If the site is provably fair, martingale will not work, what happens is just pure coincidence. Martingale is not a loop hole that applies to all dice or online casino site. Its nothing but a glorified strategy that some claims works for them but didn't make them rich at the end of the day because if it is true and working, how come they are still playing and using the so called strategy?
crwth
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August 17, 2018, 01:15:55 AM
 #170

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale. And don't forget martingales work not only for you they works for website as well.
If the site is provably fair, martingale will not work, what happens is just pure coincidence. Martingale is not a loop hole that applies to all dice or online casino site. Its nothing but a glorified strategy that some claims works for them but didn't make them rich at the end of the day because if it is true and working, how come they are still playing and using the so called strategy?
It's coincidence with the hint of luck. It's really just that, the martingale is awesome, but if you do it too much and play for a long time, you are going to lose it. There are reports about it, and it wouldn't really work. In the end, it's just for the entertainment and "hoping" that it could work and we all should know that it's not the Holy Grail.

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KenChanYu
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August 17, 2018, 03:03:23 AM
 #171

You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale. And don't forget martingales work not only for you they works for website as well.
If the site is provably fair, martingale will not work, what happens is just pure coincidence. Martingale is not a loop hole that applies to all dice or online casino site. Its nothing but a glorified strategy that some claims works for them but didn't make them rich at the end of the day because if it is true and working, how come they are still playing and using the so called strategy?
It's coincidence with the hint of luck. It's really just that, the martingale is awesome, but if you do it too much and play for a long time, you are going to lose it. There are reports about it, and it wouldn't really work. In the end, it's just for the entertainment and "hoping" that it could work and we all should know that it's not the Holy Grail.
That's reality to always possibly will happen when we played too much and not even thinking the negative results. Martingale was so good, but you need to control yourselves so that you won't be losing your bets. If you see it not profitable for the main time don't rush it all, because there's another chance and you can come back for the other days.
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August 17, 2018, 07:43:12 AM
 #172

I guess that you cannot always win with your martingale strategy because of it still difficult to get this strategies works in a long time no matter you can master the strategies. maybe martingale is work in the short time only and for a long time, I think you need to make another strategy so you can still win in the game. I hope that you can control yourself and not spend too much money if you decide to play in all day long.

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Pan Troglodytes
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August 17, 2018, 08:20:44 AM
 #173

Many people here saying that martingale is not good but, one way or other we tried this strategy at least one. I have not good experience with the strategy. Anyway, in the long run no strategy is safe. Some might get lucky to make a fortune from it, some don't. Happy for this guy.
It does not work and even if it did it would NOT give you a fortune. You get one dollar back risking all your money each time, because if the strategy fails it means you ran out of money.

Have a look at this example:
  • Say, you loose 1$, so you now stake 2$. You already lost 1$, and you have a chance to win 1$ profit.
  • Next you loose those 2$, and you now stake 4$. You already lost 3$ total, and you have a chance to win 1$ profit.
  • Next you loose those 4$, and you now stake 8$. You already lost 7$ total, and you have a chance to win 1$ profit.
  • Next you loose those 8$, and you now stake 16$. You already lost 15$ total, and you have a chance to win 1$ profit.
  • and so on

As you can see, even assuming the strategy doesn't break (=you run out of money = total bankruptsy) you risk all your money to win one dollar back. How can that make you a fortune Huh

[Post was edited to remove ambiguity]

I don't want to advocate martingale strategy but for fairness' sake I must say that it can make you a fortune in some scenarios, and here's how. The thing is that sometimes you win your first bet, and the second one, and the third one. When using an automated betting on a dice site with good speed it can bring you $3 per second in the best case scenario, and $1 per second on average. With $256 bankroll you can safely afford 7 reds in a row and it is possible that in a time span, say, of 20 minutes you won't hit 8 reds in a row playing with 49.5% win chance. Thus you can make over $1k in 20 minutes. There were numerous examples of that and that's why this strategy is so attractive. If gamblers were only losing with martingale, this strategy would be forgotten long time ago and we wouldn't be discussing it here.

That being said, it is not improbable that you will lose your $256 during the first five seconds, and it most likely that you will lose everything with thousands and thousands of bets.

Well, for fairness sake, if one must risk all one's bank roll - well, just let one do exactly that. Betting all one's bankroll and starting with 256$ one needs to win only twice to get over 1k. I didn't calculate the odds for both but I bet they are much better than achieving the same with martingales.
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August 17, 2018, 08:37:38 AM
 #174

I guess that you cannot always win with your martingale strategy because of it still difficult to get this strategies works in a long time no matter you can master the strategies. maybe martingale is work in the short time only and for a long time, I think you need to make another strategy so you can still win in the game. I hope that you can control yourself and not spend too much money if you decide to play in all day long.

Martingale will work if :
1. We have an unlimited balance
2. The casino has no max profit rule, means we can bet with whatever amount we want.

And I guess, those two conditions will be impossible to achieve and that is why I considered martingale isn't the perfect strategy in gambling. It can work if we are lucky enough and know how to stop, otherwise it will fail.

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August 18, 2018, 11:38:48 AM
 #175

Many people here saying that martingale is not good but, one way or other we tried this strategy at least one. I have not good experience with the strategy. Anyway, in the long run no strategy is safe. Some might get lucky to make a fortune from it, some don't. Happy for this guy.
It does not work and even if it did it would NOT give you a fortune. You get one dollar back risking all your money each time, because if the strategy fails it means you ran out of money.

Have a look at this example:
  • Say, you loose 1$, so you now stake 2$. You already lost 1$, and you have a chance to win 1$ profit.
  • Next you loose those 2$, and you now stake 4$. You already lost 3$ total, and you have a chance to win 1$ profit.
  • Next you loose those 4$, and you now stake 8$. You already lost 7$ total, and you have a chance to win 1$ profit.
  • Next you loose those 8$, and you now stake 16$. You already lost 15$ total, and you have a chance to win 1$ profit.
  • and so on

As you can see, even assuming the strategy doesn't break (=you run out of money = total bankruptsy) you risk all your money to win one dollar back. How can that make you a fortune Huh

[Post was edited to remove ambiguity]

I don't want to advocate martingale strategy but for fairness' sake I must say that it can make you a fortune in some scenarios, and here's how. The thing is that sometimes you win your first bet, and the second one, and the third one. When using an automated betting on a dice site with good speed it can bring you $3 per second in the best case scenario, and $1 per second on average. With $256 bankroll you can safely afford 7 reds in a row and it is possible that in a time span, say, of 20 minutes you won't hit 8 reds in a row playing with 49.5% win chance. Thus you can make over $1k in 20 minutes. There were numerous examples of that and that's why this strategy is so attractive. If gamblers were only losing with martingale, this strategy would be forgotten long time ago and we wouldn't be discussing it here.

That being said, it is not improbable that you will lose your $256 during the first five seconds, and it most likely that you will lose everything with thousands and thousands of bets.

Well, for fairness sake, if one must risk all one's bank roll - well, just let one do exactly that. Betting all one's bankroll and starting with 256$ one needs to win only twice to get over 1k. I didn't calculate the odds for both but I bet they are much better than achieving the same with martingales.


No, they are not. In fact, they are absolutely the same. Depending on the House Edge, on a provably fair site, your odds of doubling you bankroll are always the same regardless of what strategy you are using. Say, if the house edge is 1%, then the probability of that is 49.5%; if the house edge is 5% then it's 47.50% and so on. Consequently, the probability of quadrupling your bankroll is 24.75% in the former case, and 23.75% in the latter. You can do martingale for 20 minutes, or you can go all in at once with 25% win chance, it doesn't matter. The probability of increasing your bankroll fourfold (or xfold) is always the same on the same site.

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August 18, 2018, 04:24:53 PM
 #176

I guess that you cannot always win with your martingale strategy because of it still difficult to get this strategies works in a long time no matter you can master the strategies. maybe martingale is work in the short time only and for a long time, I think you need to make another strategy so you can still win in the game. I hope that you can control yourself and not spend too much money if you decide to play in all day long.

Martingale will work if :
1. We have an unlimited balance
2. The casino has no max profit rule, means we can bet with whatever amount we want.

And I guess, those two conditions will be impossible to achieve and that is why I considered martingale isn't the perfect strategy in gambling. It can work if we are lucky enough and know how to stop, otherwise it will fail.

It isn't the perfect strayegy yes, though it probably is the most efficient for dice given that you have a pretty big capital. And i don't think there's really any fool proof way to win in dice, whatever strategy you use unless you're extremely lucky.

 
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August 18, 2018, 05:20:57 PM
 #177

Just to the guys who think you cannot lose using martingale in the short term, just two weeks ago there was horse winning a race, traded at 1000/1 on Betfair before the race started > https://www.racingpost.com/news/in-running-carnage-as-125-1-shot-feel-glorious-stuns-goodwood/341070


Quote
Feel Glorious was matched for £249 at the maximum 1,000 on Betfair

Feel Glorious, who had been comfortably beaten in novice contests at Brighton and Kempton, was matched for £249 at the maximum 1,000 on Betfair, with the large majority traded before the race.

Runner-up Alhakmah, who was sent off at 4-1, ran an extraordinary race, also trading at 1,000 before crashing to a low of 1.03 when flying home.

Ridden in mid-division, Feel Glorious stayed on strongly to hit the front 100 yards out under Pat Cosgrave and stuck her neck out well to deny Alhakmah.


Betfair's Barry Orr said: "Glorious Goodwood is always a massive betting event and, as far as I'm aware, the £249 that was matched pre-race on Feel Glorious at Betfair’s ceiling price of 1,000 is a record for the Exchange."
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August 18, 2018, 06:04:01 PM
 #178

Many people here saying that martingale is not good but, one way or other we tried this strategy at least one. I have not good experience with the strategy. Anyway, in the long run no strategy is safe. Some might get lucky to make a fortune from it, some don't. Happy for this guy.
It does not work and even if it did it would NOT give you a fortune. You get one dollar back risking all your money each time, because if the strategy fails it means you ran out of money.

Have a look at this example:
  • Say, you loose 1$, so you now stake 2$. You already lost 1$, and you have a chance to win 1$ profit.
  • Next you loose those 2$, and you now stake 4$. You already lost 3$ total, and you have a chance to win 1$ profit.
  • Next you loose those 4$, and you now stake 8$. You already lost 7$ total, and you have a chance to win 1$ profit.
  • Next you loose those 8$, and you now stake 16$. You already lost 15$ total, and you have a chance to win 1$ profit.
  • and so on

As you can see, even assuming the strategy doesn't break (=you run out of money = total bankruptsy) you risk all your money to win one dollar back. How can that make you a fortune Huh

[Post was edited to remove ambiguity]

Well said. I totally agree with you. I didn't say martingale is a sure win. What i was trying to convey was, I am happy for this guy and he did made some profit using this strategy.
and about making a fortune from this strategy, If a highroller bets with big amount and he somehow managed to get winning bet after two or three loses for some time then, he would definitely make some fortune from it.. (Even it sounds unbelievable, it's probable right) .
For some games it won't work that way without any experience and luck, you'll need your experiences in some gambling games before you make a living with the martingale strategy. It will takes some years of gambling for some people to literally use gambling as a way of their living which makes them a good profit in the future.

3996
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August 18, 2018, 06:11:01 PM
 #179




For some games it won't work that way without any experience and luck, you'll need your experiences in some gambling games before you make a living with the martingale strategy. It will takes some years of gambling for some people to literally use gambling as a way of their living which makes them a good profit in the future.

you'll need your experiences in some gambling games before you make a living with the martingale strategy.

That was a hilarious post.
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August 18, 2018, 08:25:04 PM
 #180

Martingale will never work in the long term, neither in the short term I will think. There will always be that advantage to the house that will make them win sooner or later. Once you lose 5 time there is so much risk to just win a few bucks. Not fun either, I have way more fun playing BlackJack or Roulette. Try some different things because this method doesnt work, sooner or later you will hit a big losing streak.
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August 21, 2018, 07:07:12 AM
 #181

I guess that you cannot always win with your martingale strategy because of it still difficult to get this strategies works in a long time no matter you can master the strategies. maybe martingale is work in the short time only and for a long time, I think you need to make another strategy so you can still win in the game. I hope that you can control yourself and not spend too much money if you decide to play in all day long.

Martingale will work if :
1. We have an unlimited balance
2. The casino has no max profit rule, means we can bet with whatever amount we want.

And I guess, those two conditions will be impossible to achieve and that is why I considered martingale isn't the perfect strategy in gambling. It can work if we are lucky enough and know how to stop, otherwise it will fail.
Otherwise, it is not possible for everyone to win bets with the help of this strategy. I highly support your both conditions and everyone knows none of them is possible. So basically, if someone wins a good amount with martingale then definitely it was his luck. Ultimately, gambling is a game of luck and pure luck only. Random games cannot be won by any strategy.

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August 21, 2018, 07:46:02 AM
 #182

Gambling is a game of luck some strategies work and some strategies won't and it vary from player to player so sometimes martingale's strategy work for you but if you do it habitually the system might detect your behaviour and  it randomly select a winning strategy that might end up of losing your game. the gambling house is always for the win in any means.
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August 21, 2018, 10:50:10 AM
 #183


-snip-

I don't want to advocate martingale strategy but for fairness' sake I must say that it can make you a fortune in some scenarios, and here's how. The thing is that sometimes you win your first bet, and the second one, and the third one. When using an automated betting on a dice site with good speed it can bring you $3 per second in the best case scenario, and $1 per second on average. With $256 bankroll you can safely afford 7 reds in a row and it is possible that in a time span, say, of 20 minutes you won't hit 8 reds in a row playing with 49.5% win chance. Thus you can make over $1k in 20 minutes. There were numerous examples of that and that's why this strategy is so attractive. If gamblers were only losing with martingale, this strategy would be forgotten long time ago and we wouldn't be discussing it here.

That being said, it is not improbable that you will lose your $256 during the first five seconds, and it most likely that you will lose everything with thousands and thousands of bets.

Well, for fairness sake, if one must risk all one's bank roll - well, just let one do exactly that. Betting all one's bankroll and starting with 256$ one needs to win only twice to get over 1k. I didn't calculate the odds for both but I bet they are much better than achieving the same with martingales.


No, they are not. In fact, they are absolutely the same. Depending on the House Edge, on a provably fair site, your odds of doubling you bankroll are always the same regardless of what strategy you are using. Say, if the house edge is 1%, then the probability of that is 49.5%; if the house edge is 5% then it's 47.50% and so on. Consequently, the probability of quadrupling your bankroll is 24.75% in the former case, and 23.75% in the latter. You can do martingale for 20 minutes, or you can go all in at once with 25% win chance, it doesn't matter. The probability of increasing your bankroll fourfold (or xfold) is always the same on the same site.
Well I salute your mathematical intuition because on the second thought: you must be right saying that the probabilities are equal. Thanks I will incorporate that into my intuition too Smiley
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August 22, 2018, 12:36:22 AM
 #184

I guess that you cannot always win with your martingale strategy because of it still difficult to get this strategies works in a long time no matter you can master the strategies. maybe martingale is work in the short time only and for a long time, I think you need to make another strategy so you can still win in the game. I hope that you can control yourself and not spend too much money if you decide to play in all day long.

Martingale will work if :
1. We have an unlimited balance
2. The casino has no max profit rule, means we can bet with whatever amount we want.

And I guess, those two conditions will be impossible to achieve and that is why I considered martingale isn't the perfect strategy in gambling. It can work if we are lucky enough and know how to stop, otherwise it will fail.
Otherwise, it is not possible for everyone to win bets with the help of this strategy. I highly support your both conditions and everyone knows none of them is possible. So basically, if someone wins a good amount with martingale then definitely it was his luck. Ultimately, gambling is a game of luck and pure luck only. Random games cannot be won by any strategy.
If you know when to stop in a martingale strategy you won't be broke. Indeed it is definitely luck you need in gambling even if you have strategy working for you, it is not enough because it is gambling.
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August 26, 2018, 04:11:23 PM
 #185

Martingale will never work in the long term, neither in the short term I will think. There will always be that advantage to the house that will make them win sooner or later. Once you lose 5 time there is so much risk to just win a few bucks. Not fun either, I have way more fun playing BlackJack or Roulette. Try some different things because this method doesnt work, sooner or later you will hit a big losing streak.
And that is another problem of martingale it escalates very quickly and you need to bet more and more just to recover your money, if you bet one dollar as your base bet after losing 5 times you are risking 16 dollars just to get one dollar back, it is a system that puts more and more money at risk and while you could get your money back most of the time but the one time you don't will break you, and this applies to all games that have a negative EV, like roulette, craps, dice or sports bets.
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