Martingale and Roulette

[kurian]

A big LOL to this one. For the others, long as you have a big bankroll, you can make profit. That's it. Just have an infinitely big bankroll

Now that I am thinking about it, I wonder if there's a casino with the biggest possible wager that would allow to maximize such a Martingale strategy? I know 999dice has 40 BTC max profit so that's 40 BTC on a x2 martingale which means you could go for a 36-streak martingale on x2 payout, starting at 1 satoshi and 36th bet at 34.36 BTC.

I suppose you could go all day autobet. Chances of hitting a losing streak 36 times in a row is 1 in 34 billion or something because of house edge.

If you can do 100k bets a day = 50,000 satoshi profit  average daily.

Chances then become that you bust 1 every 34,360 days, almost 100 years.

So if you only play for 1 year, you have a 1 in 100 chance of busting that. If you get away with this. you make BTC 0.1825

Worth risking 40 BTC?

First of, you need more than 40 BTC in your balance for using this strategy. To beat a losing streak of 36 times in a row with 1 satoshi as initial bet you need to have 2 to the power of 36 sats:

2^36 = 68,719,476,736

So, as you can see, it's 687 BTC which is much more than 40.

Secondly, although no less significantly, is wearing-out of your equipment working 24/7.

Although we can neglect the power consumption because it is $0.5 per day max for a laptop, I think no one would risk 687 BTC in order to earn 50k sats daily.

The 687BTC is actually for the 37th bet, not the 36th bet as you need 37 bets in order to recover from a 36 loss streak although the formula 2^36 is correct.

To prove how much you're going to be risking just to earn a small amount of money in martingaling, let's do the whole math to this:

(since the basebet = 1 satoshi, I didn't include it in the formula. The formula should have been, 1 satoshi x 2^0, 1 satoshi x 2^1, 1 satoshi x 2^2, and so on.)

Bet Number	Formula	Amount (satoshi)
Bet 1	2^0	1
Bet 2	2^1	2
Bet 3	2^2	4
Bet 4	2^3	8
Bet 5	2^4	16
Bet 6	2^5	32
Bet 7	2^6	64
Bet 8	2^7	128
Bet 9	2^8	256
Bet 10	2^9	512
Bet 11	2^10	1024
Bet 12	2^11	2048
Bet 13	2^12	4096
Bet 14	2^13	8192
Bet 15	2^14	16384
Bet 16	2^15	32768
Bet 17	2^16	65536
Bet 18	2^17	131072
Bet 19	2^18	262144
Bet 20	2^19	524288
Bet 21	2^20	1048576
Bet 22	2^21	2097152
Bet 23	2^22	4194304
Bet 24	2^23	8388608
Bet 25	2^24	16777216
Bet 26	2^25	33554432
Bet 27	2^26	67108864
Bet 28	2^27	134217728
Bet 29	2^28	268435456
Bet 30	2^29	536870912
Bet 31	2^30	1073741824
Bet 32	2^31	2147483648
Bet 33	2^32	4294967296
Bet 34	2^33	8589934592
Bet 35	2^34	17179869184
Bet 36	2^35	34359738368
Bet 37	2^36	68719476736

The total is exactly 137,438,953,471 satoshis (~1,374.39BTC) to recover from 36 loss streak. As I'm typing this, the value of that is $9,438,000. It seems like you can do a lot more with that amount of money and someone who's in possession of that amount of money can surely afford a private mentor or tutor which can teach him where to use the money either invest in business or simply becoming a better spender so he doesn't lose that amount of money over purchases that aren't so practical.

As you can see, we came up with these huge numbers because the growth in your bet in martingale method is exponential. At first, it doesn't seem much. But as the losing streak is increasing, your bet just to earn back your losses and that additional 1 satoshi "profit" is becoming more and more ridiculous. Gambling sites are known to have tremendous number for losing streaks in x2 multiplier and it's the reason why martingale never really worked in the long run.

To put an end to your desire of using the technique martingale, think about this. 50k sats per day is 0.0005BTC per day which is $3.43. Is $9,438,000 worth risking for $3.43 a day? And since the people who wants to gamble with a "mathematical formula" likes to treat gambling as a business, you're obviously a bad business man.

That's a good effort you have put to explain how it works. No one wants to risk $1000 for just $10. But when we use martingale strategy we keep on betting in hope of recovering back in next bet.

[Symphonized]

I always go for some some specific strategy like mid square bet, on some specific numbers always so win ALOT, then if i see its getting harder i change strategy into other square.

[babo]

A big LOL to this one. For the others, long as you have a big bankroll, you can make profit. That's it. Just have an infinitely big bankroll

Now that I am thinking about it, I wonder if there's a casino with the biggest possible wager that would allow to maximize such a Martingale strategy? I know 999dice has 40 BTC max profit so that's 40 BTC on a x2 martingale which means you could go for a 36-streak martingale on x2 payout, starting at 1 satoshi and 36th bet at 34.36 BTC.

I suppose you could go all day autobet. Chances of hitting a losing streak 36 times in a row is 1 in 34 billion or something because of house edge.

If you can do 100k bets a day = 50,000 satoshi profit  average daily.

Chances then become that you bust 1 every 34,360 days, almost 100 years.

So if you only play for 1 year, you have a 1 in 100 chance of busting that. If you get away with this. you make BTC 0.1825

Worth risking 40 BTC?

First of, you need more than 40 BTC in your balance for using this strategy. To beat a losing streak of 36 times in a row with 1 satoshi as initial bet you need to have 2 to the power of 36 sats:

2^36 = 68,719,476,736

So, as you can see, it's 687 BTC which is much more than 40.

Secondly, although no less significantly, is wearing-out of your equipment working 24/7.

Although we can neglect the power consumption because it is $0.5 per day max for a laptop, I think no one would risk 687 BTC in order to earn 50k sats daily.

The 687BTC is actually for the 37th bet, not the 36th bet as you need 37 bets in order to recover from a 36 loss streak although the formula 2^36 is correct.

To prove how much you're going to be risking just to earn a small amount of money in martingaling, let's do the whole math to this:

(since the basebet = 1 satoshi, I didn't include it in the formula. The formula should have been, 1 satoshi x 2^0, 1 satoshi x 2^1, 1 satoshi x 2^2, and so on.)

Bet Number	Formula	Amount (satoshi)
Bet 1	2^0	1
Bet 2	2^1	2
Bet 3	2^2	4
Bet 4	2^3	8
Bet 5	2^4	16
Bet 6	2^5	32
Bet 7	2^6	64
Bet 8	2^7	128
Bet 9	2^8	256
Bet 10	2^9	512
Bet 11	2^10	1024
Bet 12	2^11	2048
Bet 13	2^12	4096
Bet 14	2^13	8192
Bet 15	2^14	16384
Bet 16	2^15	32768
Bet 17	2^16	65536
Bet 18	2^17	131072
Bet 19	2^18	262144
Bet 20	2^19	524288
Bet 21	2^20	1048576
Bet 22	2^21	2097152
Bet 23	2^22	4194304
Bet 24	2^23	8388608
Bet 25	2^24	16777216
Bet 26	2^25	33554432
Bet 27	2^26	67108864
Bet 28	2^27	134217728
Bet 29	2^28	268435456
Bet 30	2^29	536870912
Bet 31	2^30	1073741824
Bet 32	2^31	2147483648
Bet 33	2^32	4294967296
Bet 34	2^33	8589934592
Bet 35	2^34	17179869184
Bet 36	2^35	34359738368
Bet 37	2^36	68719476736

The total is exactly 137,438,953,471 satoshis (~1,374.39BTC) to recover from 36 loss streak. As I'm typing this, the value of that is $9,438,000. It seems like you can do a lot more with that amount of money and someone who's in possession of that amount of money can surely afford a private mentor or tutor which can teach him where to use the money either invest in business or simply becoming a better spender so he doesn't lose that amount of money over purchases that aren't so practical.

As you can see, we came up with these huge numbers because the growth in your bet in martingale method is exponential. At first, it doesn't seem much. But as the losing streak is increasing, your bet just to earn back your losses and that additional 1 satoshi "profit" is becoming more and more ridiculous. Gambling sites are known to have tremendous number for losing streaks in x2 multiplier and it's the reason why martingale never really worked in the long run.

To put an end to your desire of using the technique martingale, think about this. 50k sats per day is 0.0005BTC per day which is $3.43. Is $9,438,000 worth risking for $3.43 a day? And since the people who wants to gamble with a "mathematical formula" likes to treat gambling as a business, you're obviously a bad business man.

Math never go wrong
Your example is perfect.. demostrate: martingale not work

[Nahl]

Martingale is risky method even though you will use it for different games while gamble then possibility to lost you money will pretty much high and gambling required luck then i suggest to you do not use that method and just gambling as usual because i'm pretty sure most of people here already the victim of martingale method so don't ever use that if you don't want lost your money immediatelly

[eternalgloom]

--snip--

The total is exactly 137,438,953,471 satoshis (~1,374.39BTC) to recover from 36 loss streak. As I'm typing this, the value of that is $9,438,000. It seems like you can do a lot more with that amount of money and someone who's in possession of that amount of money can surely afford a private mentor or tutor which can teach him where to use the money either invest in business or simply becoming a better spender so he doesn't lose that amount of money over purchases that aren't so practical.

As you can see, we came up with these huge numbers because the growth in your bet in martingale method is exponential. At first, it doesn't seem much. But as the losing streak is increasing, your bet just to earn back your losses and that additional 1 satoshi "profit" is becoming more and more ridiculous. Gambling sites are known to have tremendous number for losing streaks in x2 multiplier and it's the reason why martingale never really worked in the long run.

To put an end to your desire of using the technique martingale, think about this. 50k sats per day is 0.0005BTC per day which is $3.43. Is $9,438,000 worth risking for $3.43 a day? And since the people who wants to gamble with a "mathematical formula" likes to treat gambling as a business, you're obviously a bad business man.

Indeed, you'd be far better off just investing that amount of Bitcoin in a casino, than to use martingale.
Actually, you can do just about anything and it'll probably be way less risky.

Using martingale can be fun sometimes, but I really hate it when people portray it as some sort of guaranteed money making scheme.

[Symphonized]

Indeed, you'd be far better off just investing that amount of Bitcoin in a casino, than to use martingale.
Actually, you can do just about anything and it'll probably be way less risky.

Using martingale can be fun sometimes, but I really hate it when people portray it as some sort of guaranteed money making scheme.

You can also use it just for recovering small loses and eventualy come on top

[el kaka22]

Martingale is risky method even though you will use it for different games while gamble then possibility to lost you money will pretty much high and gambling required luck then i suggest to you do not use that method and just gambling as usual because i'm pretty sure most of people here already the victim of martingale method so don't ever use that if you don't want lost your money immediatelly

There is actually no single strategy that is not risky at any point in time and if what someone wants to be concentrating on is the provabial fair path, then, they should watch out when the system would be ready to hit them huge no matter their strategy.

I have never seen anyone with a strategy that has not eventually come out to tell you how the lost it all eventually relying on such strategy.

Just like Fatanut pretty much placed it, on a long losing streak, you are going to be losing more than you are winning and in this case you are sacrificing so much for so little, which is what I see gambling as. There are so much great ways to make money in life for someone who is smart; gambling should never be one of them.

[Lydiaglo]

I always go for some some specific strategy like mid square bet, on some specific numbers always so win ALOT, then if i see its getting harder i change strategy into other square.

Don’t deceive yourself; there is no specific strategy that would give you an edge when it comes to gambling. As long as you are still gambling and everything depends on luck, you are still bound to lose a lot anyway.

Martingale is just a way to divert some people's attention into thinking they can use that to cheat the house edge, try having a long streak of losses and see how far you are bound to lose everything just because of some few satoshis. To me, that is an insensible risk to ever be taking.

[vd309]

I've made a 100k bets with martingale to share the results. I thought 100k bets are enough to be pretty close to the expected value, but I guess luck is still big factor in that big of a sample.

Here is the parameters I used

Game: dice with 1% edge
starting bet: 0.00001
chance:49.5
multiplier on loss: 2
stoploss: 14 - this means that whenever 14 losses in a row happened I took the loss and start again from 0.00001

Here is the graph and some stats: https://imgur.com/a/RnLeLAg

[Xenophoto]

I've made a 100k bets with martingale to share the results. I thought 100k bets are enough to be pretty close to the expected value, but I guess luck is still big factor in that big of a sample.

Here is the parameters I used

Game: dice with 1% edge
starting bet: 0.00001
chance:49.5
multiplier on loss: 2
stoploss: 14 - this means that whenever 14 losses in a row happened I took the loss and start again from 0.00001

Here is the graph and some stats: https://imgur.com/a/RnLeLAg

That looks great, for now. Most martingalers do good at the beginning but eventually lose it all. At some point you really have to stop betting and just enjoy the profits. If you keep on betting, it will result to losing all of it. I've seen people consider their strategies as something that works wonders and have actually made profit for them. But eventually they just get busted. Not sure about the 14th loss stop. It takes quite some time to generate it back and you shouldn't hit another 14 losing streak on the process. Otherwise, you're going to be recovering even more funds. I guess it's better than the normal martingale. Keep us posted! (altho I really don't think that would work forever)

[vd309]

I've made a 100k bets with martingale to share the results. I thought 100k bets are enough to be pretty close to the expected value, but I guess luck is still big factor in that big of a sample.

Here is the parameters I used

Game: dice with 1% edge
starting bet: 0.00001
chance:49.5
multiplier on loss: 2
stoploss: 14 - this means that whenever 14 losses in a row happened I took the loss and start again from 0.00001

Here is the graph and some stats: https://imgur.com/a/RnLeLAg

That looks great, for now. Most martingalers do good at the beginning but eventually lose it all. At some point you really have to stop betting and just enjoy the profits. If you keep on betting, it will result to losing all of it. I've seen people consider their strategies as something that works wonders and have actually made profit for them. But eventually they just get busted. Not sure about the 14th loss stop. It takes quite some time to generate it back and you shouldn't hit another 14 losing streak on the process. Otherwise, you're going to be recovering even more funds. I guess it's better than the normal martingale. Keep us posted! (altho I really don't think that would work forever)

This was purely for research purposes. I have no joy gamble like that. Still may run another 100k block just to see the difference I'd get between them.

[pozmu]

Oh, I just remembered that some guy used to play martingale on betting draws on some lower Italian football league and I think he was quite successful with it.
Why draws? Because they offer best payout in football.
Why that particular league? Because there were a lot of draws there, hmmm, I think he picked few teams which matches ended as draw pretty often.

[vd309]

Oh, I just remembered that some guy used to play martingale on betting draws on some lower Italian football league and I think he was quite successful with it.
Why draws? Because they offer best payout in football.
Why that particular league? Because there were a lot of draws there, hmmm, I think he picked few teams which matches ended as draw pretty often.

That's good although only 10 games a week and possibly 3-4 times to bet because some may start at the same time. On a lose multiplier is less then 2x because draws are usually 30-35% hit.  The common problem it may occur is when he goes into thousands that a lot of bookies won't take that big of action on the low leagues. The other thing when using martingale on sports is that you can't start with small bets if you want to make some money, because action is way slowly - only might do 4-5 bets a day if mixing sports.

[jakezyrus]

I always go for some some specific strategy like mid square bet, on some specific numbers always so win ALOT, then if i see its getting harder i change strategy into other square.

Don’t deceive yourself; there is no specific strategy that would give you an edge when it comes to gambling. As long as you are still gambling and everything depends on luck, you are still bound to lose a lot anyway.

Martingale is just a way to divert some people's attention into thinking they can use that to cheat the house edge, try having a long streak of losses and see how far you are bound to lose everything just because of some few satoshis. To me, that is an insensible risk to ever be taking.

Martingale actually works but not on  roulettes because roulettes are totally random  . ive tried martingale method on hi ' lo gmes and dice games ,   i did manage to win several times when compared of playing randomly .   though there are also times that martingale method wont work , maybe because the gambling site are already detected the strategy that ive been using . 

[dead_m92]

It doesn't matter how much math you know and how you like to play.

There is NO way to win to the house, and we all are aware of that.

So better to keep your funds safe and do not put it into roulette or any other thing that can easily make you lose your money in a few minutes

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 

[onrise]

It doesn't matter how much math you know and how you like to play.

There is NO way to win to the house, and we all are aware of that.

So better to keep your funds safe and do not put it into roulette or any other thing that can easily make you lose your money in a few minutes

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 

It is almost impossible to beat the house and in case if people try to do that they should be aware that their is always a chance that they might lose all their money in the process and thus it could be a big loss to them. Instead if they enjoy the gambling and have a good time with friends this could become a good memory rather than having those bad memory of losses.

[coolcoinz]

Martingale actually works but not on  roulettes because roulettes are totally random  . ive tried martingale method on hi ' lo gmes and dice games ,   i did manage to win several times when compared of playing randomly .   though there are also times that martingale method wont work , maybe because the gambling site are already detected the strategy that ive been using . 

It can work on roulette if you play red/black because there's equal number of black and red squares on the wheel. Martingale works great with game that only have 2 viable options like heads or tails. It doesn't work on games driven by algorithms that calculate odds for many players at the same time, so you can't successfully use it in online dice. A few wins don't prove anything. Some people get lucky and it has nothing to do with their strategy. To know if it's the strategy you need enough rolls.

[mrcash02]

Martingale actually works but not on  roulettes because roulettes are totally random  . ive tried martingale method on hi ' lo gmes and dice games ,   i did manage to win several times when compared of playing randomly .   though there are also times that martingale method wont work , maybe because the gambling site are already detected the strategy that ive been using . 

It can work on roulette if you play red/black because there's equal number of black and red squares on the wheel. Martingale works great with game that only have 2 viable options like heads or tails. It doesn't work on games driven by algorithms that calculate odds for many players at the same time, so you can't successfully use it in online dice. A few wins don't prove anything. Some people get lucky and it has nothing to do with their strategy. To know if it's the strategy you need enough rolls.

Don't forget the "zero". It's neither black nor red, but green. On long term the house will have this little advantage over the gambler.
Independent if it's Roulette or Dice, on the practice they are very similar.

[Barbut]

Martingale actually works but not on  roulettes because roulettes are totally random  . ive tried martingale method on hi ' lo gmes and dice games ,   i did manage to win several times when compared of playing randomly .   though there are also times that martingale method wont work , maybe because the gambling site are already detected the strategy that ive been using . 

It can work on roulette if you play red/black because there's equal number of black and red squares on the wheel. Martingale works great with game that only have 2 viable options like heads or tails. It doesn't work on games driven by algorithms that calculate odds for many players at the same time, so you can't successfully use it in online dice. A few wins don't prove anything. Some people get lucky and it has nothing to do with their strategy. To know if it's the strategy you need enough rolls.

Don't forget the "zero". It's neither black nor red, but green. On long term the house will have this little advantage over the gambler.
Independent if it's Roulette or Dice, on the practice they are very similar.

Zero is advantage for house, you can`t bet red or black, there is always a chance to be green. Martingale is strategy that you can use almost everywhere in anything, but it has one flaw, sooner or later you will run on losing streak, this strategy should be used from time to time, and to be combined with other strategies, using this strategy alone is a bad idea. Believe in my words my friends, after so many trying I have a lot of experience in that, good luck!

[leowonderful]

Martingale and any other strategy never works due to the pure mathematics at work with house edge in play and many more factors affecting the outcome of a game. There's been plenty of research and experimentation that shows a long-term loss with the strategy and even experiments with real money on real casinos if you still don't think all this is true. You might initially incur a net profit, but this entire method is luck-based and gains only show up in the short term with this method and never in the long term.

Unless an online casino is internally faulty, any methods won't work. If you're trying to get money, stay away from gambling and try working or investing as a lower-risk option compared to gambling. I see there's still lots of discussion here, and I'd like to reiterate the things I said in my first post here as well as a few more points.