Martingale and Roulette

[babo]

Hi guys is there anyone knowing anything about Martingale strategy? I'm new on it and i'd like to start to use it in online roulettes. Do u think that it worth trying using it if my budget is roughly 2k£? I found this guide https://casino.guru/roulette-scam-strategies and they say it's better not to use it; but i have friends who won real money thanks to that.
Can anyone giving me any further info about? Thanks very much 

martingale not work
pure math say this

i do an example

you have 37 numbers and the win is x36 for winning number
math said, for infinite round of play, your balance going to 0 (zero)

[Indrawan77]

Forget about martingale, the method of martingale is not going to make you win, there are a lot of gambler losing huge amount of money using martingale technique, no matter how big is your capital, if you are using martingale in the long run you will busted, the one that able to make money from martingale is a very lucky gambler, but if the gambler continue to used the martingale, he will lose the money, it doesn't matter what is the game, martingale is not going to work

[nydiacaskey01]

There was a long discussion about martingale and you can find it here https://bitcointalk.org/index.php?topic=610339.0
There you will see comments about their experience on using it in different kind of games. Some claims it works, but some also says its not. I tried it as well but it didn't work for me. There is no such thing as strategy in online gambling because if there's a loophole, for sure site owners and developers will find it and fix it.

[slaman29]

Martingale is always a risky strategy, as are all other strategies. However, if you're lucky and you stick to your limits, they'll all can work and if you're not lucky all strategies will fail.

Last week we've witnessed an epic session of someone on roulette, who not only used the black/white bets, but also placed very risky bets surrounding/attacking certain numbers, which worked very well. And the guy walked away with over 3200 ETH (value in USD was 1.3 million that day).

Here's an example of one of his big hits:

Incredible. Did the guy talk to anyone after that win? I have never sat down for 4 hours to gamble like that and since roulette is manual, I guess this guy was really the one sitting there making those bets.

I always martingale, I guess everyone does, sooner or later. Strategies always work out for a long time of course if you walk away before the ultimate fail but if you have the right patience, right discipline and right bankroll, I guess a bit of luck means you can make it big.

Millionaire and the price is even not ATH.

[buwaytress]

in short words a good trader should be making more good trades than the bad ones and the same applies for a good sports bettor
so let's say a trader usually makes his trades aiming for 20% profit and stop loss of 20% as well , he should be doing good as long as he have 50% or more success rate ( a little bit more due to exchange fees ) now if he is martingaling even his good trades may end up eating his bankroll due to a really bad swing

so in general the only way to make money in trading and gambling is to do good value bets and trades , you will have success using these without the need of betting more cause a streak may happen that will eat your bankroll
by doing just value bets and trades you will be minimizing the risk and in the long run you will end up profitable without the need of wagering more and more when you are losing

I agree. I still use martingale quite a bit in casino gambling but I'd say that's almost 100% for dice games and maybe some rounds of blackjack when I feel like shooting the wind. Almost all my "serious" gambling (but even that's more like a hobby I have a budget for) lies in sportsbook. Looking for what I feel are good value bets. This is generally backed by my own research on football but sometimes also taking a bet where the odds are significantly better than what all other bookies are having (rare but small fiat bets on bookies with promos and price boosts are always great)... that's a good strategy for small wins. Nothing to make you rich or anything but always nice to win beer money from backing different teams at different price boosts.

I am guilty of martingaling football sometimes (keep betting on a team to win or score above X for more than 2x until the bet wins). Terrible strategy unless you are sure your team's on form or has had a bad streak you know will soon snap.

[ocid]

people who are accustomed to playing gambling surely they do this strategy to be able to double their victory when they experience defeat, but if we are not sure to do things like that we must think again about the actions we will take so as not to experience defeat and cause bankruptcy.

[BTCevo]

As I know if you are going to play martingale on roulette, this wont happen because the number you are hunting and the payout you get are not worth, if you said about dice or other game may be it is possible thing but when it comes to this game what you need to do is luck and try to martingale on zero if you have enough balance. I can't guarantee when it hits but somehow I found out that it is able to martingale from there and it is worth enough

[s0lidus]

As I know if you are going to play martingale on roulette, this wont happen because the number you are hunting and the payout you get are not worth, if you said about dice or other game may be it is possible thing but when it comes to this game what you need to do is luck and try to martingale on zero if you have enough balance. I can't guarantee when it hits but somehow I found out that it is able to martingale from there and it is worth enough

I don't think you know what you're talking about. Have you ever played roulette yourself?

You can martingale on red/black, odd/even, manque/passe (high/low) which all give x2 payout. And you can even choose 18 numbers yourself and double your bet on loss (that's what martingale is). There are plenty of possibilities to martingale on roulette, you can even choose less numbers to make the payout higher. I've even seen people being lucky with martingale with bets on first, second or third dozen. That's the same as doing martingale on x3 payout on dice. Of course roulette has a higher House Edge, so it's more risky than dice, but the good part of roulette is that you can choose your own lucky numbers.

And why would you suggest people to martingale on zero? I mean, zero gives the same payout as any other single number, which on European Roulette is x36. And how exactly would you suggest them to martingale on a single number? I mean, how much should the player raise in %? And how would he be able to do that? Or are you suggesting people to double their bets on loss while they hunt a x36 payout? That's kinda stupid, isn't it?

[just_Alice]

No, don't use it, it's a trap. I've tried to play using it for 2 years and had to stop, because realized that this strategy will eventually demolish me. If you play it for a short period of time (like 2-3 weeks) and you have a lot of money you might have a lucky break, but you won't win much with this strategy if your initial betting amount isn't high. And if it is high - you will be surprised how fast and suddenly your betting amount can reach the number of all of your assets in the game. E.g. your initial betting amount if $5, you get 5 unlucky bets in a row (which is not that rare) and that's already $640! And what if it's more than 5, 9 let's say - that number jumps to $2,560, you definitely wasn't counting on that. And sky is the limit, the longer you play - the higher that number goes, I've played to 16 unlucky bets in a row. So, if you don't want to lose everything eventually - don't play with this strategy.

[TravelMug]

Martingale is always a risky strategy, as are all other strategies. However, if you're lucky and you stick to your limits, they'll all can work and if you're not lucky all strategies will fail.

Last week we've witnessed an epic session of someone on roulette, who not only used the black/white bets, but also placed very risky bets surrounding/attacking certain numbers, which worked very well. And the guy walked away with over 3200 ETH (value in USD was 1.3 million that day).

Here's an example of one of his big hits:

~ snip ~

Very interesting. I also used Martingale but in a real casino (with a dealer) and I would say that its very effective strategy for me so far. Specially with the black/white bets and I say that I got like x4-x5 on my initial bankroll and money keeps rolling fairly quit. But when I try to used in in a machine operated roullete inside a land based casino, martingale doesn't work for me. I guess it has do with with the machine reading my bet or something and I quickly get out because I know that I will lose everything.

[babo]

Play casino is always risky.. casinos dont gift money

Play only for fun with fixed and limited amount of money

If you want money, get a job

[squatz1]

You will go bust eventually - pure math. Also roulettes have min and max bet so on 5-5000 table you will hit max bet on 11 losses.

This right here.

You're either going to get maxed out by the system (with something like a max bet) or you're going to be unable to continue as your bankroll (your personal betting money) now has no money left to play.

That's the way the gambling world works, it's a game of luck and NEVER a game of skill. If you understand that, then you're never going to want to gamble again.

[pozmu]

There are two ways to do it in my opinion:

• Luck: start with small-medium amount and leave the table when in profit. You should set profit target before starting to play
• Altcoins, low house edge casino & bot(s): find dice site with lowest house edge that allows you to play with small amounts of lower value altcoins. Then use your bot(s) to play with very small amounts of coin. Make sure that your bot will validate bets as only dice site I know that fullfils these requirements has been accused of cheating.

[Don Pedro Dinero]

There are two ways to do it in my opinion:

• Luck: start with small-medium amount and leave the table when in profit. You should set profit target before starting to play

I agree but that should be done with all casino games where you play against the house, not just with roulette trying martingale. When you play against the house, the house is going to win in the long term, so you’d better do that. Or you can take it as a way to pass the time and waste your money,

[Flagship11]

No, don't use it, it's a trap. I've tried to play using it for 2 years and had to stop, because realized that this strategy will eventually demolish me. If you play it for a short period of time (like 2-3 weeks) and you have a lot of money you might have a lucky break, but you won't win much with this strategy if your initial betting amount isn't high. And if it is high - you will be surprised how fast and suddenly your betting amount can reach the number of all of your assets in the game. E.g. your initial betting amount if $5, you get 5 unlucky bets in a row (which is not that rare) and that's already $640! And what if it's more than 5, 9 let's say - that number jumps to $2,560, you definitely wasn't counting on that. And sky is the limit, the longer you play - the higher that number goes, I've played to 16 unlucky bets in a row. So, if you don't want to lose everything eventually - don't play with this strategy.

Well said, this "strategy" will destroy your bankroll all the while you're sitting there waiting for that big hit.

Not going to happen in roulette.

[BTCevo]

As I know if you are going to play martingale on roulette, this wont happen because the number you are hunting and the payout you get are not worth, if you said about dice or other game may be it is possible thing but when it comes to this game what you need to do is luck and try to martingale on zero if you have enough balance. I can't guarantee when it hits but somehow I found out that it is able to martingale from there and it is worth enough

I don't think you know what you're talking about. Have you ever played roulette yourself?

You can martingale on red/black, odd/even, manque/passe (high/low) which all give x2 payout. And you can even choose 18 numbers yourself and double your bet on loss (that's what martingale is). There are plenty of possibilities to martingale on roulette, you can even choose less numbers to make the payout higher. I've even seen people being lucky with martingale with bets on first, second or third dozen. That's the same as doing martingale on x3 payout on dice. Of course roulette has a higher House Edge, so it's more risky than dice, but the good part of roulette is that you can choose your own lucky numbers.

And why would you suggest people to martingale on zero? I mean, zero gives the same payout as any other single number, which on European Roulette is x36. And how exactly would you suggest them to martingale on a single number? I mean, how much should the player raise in %? And how would he be able to do that? Or are you suggesting people to double their bets on loss while they hunt a x36 payout? That's kinda stupid, isn't it?

Of course I played but not something like red and black things, I played mostly European roulette when I always bet on single numbers but of course you really need to have some balance to cover your bet. This is gambling, so you will never know when you are going to hit that aingle number or even zero at that time

Let say you get your money there and place on X number and martingale it, double on loss when you hit the number the payout is really good. And when you lose it, just get away from it and do not continue to martingale it. Usually I use martingale strategy up to 8 times or sometimes lower than that depends on your balance as well. Btw are you even betting there with your bankroll? I think this isnpretty common strategy to bet on roulette

[swogerino]

Martingale doesn't work and especially in roulette it is one of the worst strategies. I am talking about online roulettes as in offline ones you can't  apply it because you need a massive bankroll to just win pennies. I have read here that some people talk about martingale that should work in sport betting, but I think it will not work there either. This so called strategy has failed and made people lose a lot of money over time that I think it should not be discussed here anymore at all.

[coinplus]

Martingale doesn't work and especially in roulette it is one of the worst strategies. I am talking about online roulettes as in offline ones you can't  apply it because you need a massive bankroll to just win pennies. I have read here that some people talk about martingale that should work in sport betting, but I think it will not work there either. This so called strategy has failed and made people lose a lot of money over time that I think it should not be discussed here anymore at all.

Not just martingale, almost all the strategies are not good enough to crack profits against gambling-houses. I know a lot of people have their opinions when it comes to gambling anyway, but as far as I am concerned, the only way strategy can help may be in calculating how much you have won overall or how much you have lost overall.

Every other thing are just prediction game and unless someone may tell me how they use math to call the next move in dice game as to whether it would be lo or high and come out 100% right, then the idea of some people saying math can help them win is absurd. To win against a house, we must need to guess out what algorithm they are using which is not at all possible with any strategy. We may try out any level of calculations and probability theories but the final results may not change from the beginning one.

[iv4n]

Martingale doesn't work and especially in roulette it is one of the worst strategies. I am talking about online roulettes as in offline ones you can't  apply it because you need a massive bankroll to just win pennies. I have read here that some people talk about martingale that should work in sport betting, but I think it will not work there either. This so called strategy has failed and made people lose a lot of money over time that I think it should not be discussed here anymore at all.

Not just martingale, almost all the strategies are not good enough to crack profits against gambling-houses. I know a lot of people have their opinions when it comes to gambling anyway, but as far as I am concerned, the only way strategy can help may be in calculating how much you have won overall or how much you have lost overall.

Every other thing are just prediction game and unless someone may tell me how they use math to call the next move in dice game as to whether it would be lo or high and come out 100% right, then the idea of some people saying math can help them win is absurd. To win against a house, we must need to guess out what algorithm they are using which is not at all possible with any strategy. We may try out any level of calculations and probability theories but the final results may not change from the beginning one.

Martingale doesn`t work in long run, everybody knows that. In every game playing with huge bankroll is advantage, but even with that you have maximum bet, how high that maximum bet is depends from casino. In gambling if you wish to win you need to have aggressive moments, you test the game with few low bets, but next bets needs to be higher. Example of martingale in roulette is you bet on red you lose, again on red but x2, and like that until you win, but that losing streak can be very long sometimes. In sports betting is the same, if you bet all the time on same thing, you will have losing streak in one moment. In my experience in gambling you need to change you playing strategies all the time, more random they are that better, but in one moment you will have to rise bets and to just believe in huge win, you need to be brave to make that bet that will give you back all that you lost and plus huge profit, if you don`t have balls for that you will end up with zero in the end.

[sloppy feeling]

well..got it =D. I would've liked to give it a try but, since apparently bankruptcy is almost guaranteed, i guess i'll invest my budget somewhere else.
Thank you again guys