Does Martingale Work?

[reflector]

In and of the fact that there is dependably max wagered permitted in all betting site. Boundless parity will be futile once you achieve the maximum permitted wager, as you cannot wager higher to recuperate the losing streak. Martingale or any form of gambling the procedure, it works when you are fortunate as it were.  Each procedure in betting requires probably some measure of fortunes because of the house edge being in play and sheer fortunes being against you, particularly ones like Martingale, which are numerically demonstrated to create a total deficit after some time.

[wuvdoll]

Martingale technique has been proved that it cannot make the gambler win in long term, its because the capital we got is limited, the house edge and the losing chance is bigger if we play for the long time, but if you play safe and know when to stop then you can make profit with martingale, but it won't work every time, set your stop limit will make you got better strategy to make profit

Regardless of short-term or long-term, a mathematical formula must work in similar manner. If it is not, something at somewhere is missing out or getting manipulated against us. I'm just talking about the general truth of how a mathematical thing must work. Still we must agree, no one could predict our luck factor how will it behave both in long term as well as in short term.

Martingale strategy must work everywhere but it is also influenced by our luck factor because we cannot claim that there will be no chances for having continuous negative things to happen for us in real life too. It may happen or may not happen and no one could tell anything about that.

[gabmen]

Loss again. Even worst - 27% chances to double. That's because with higher limit you have to earn more to double. This simulation shows that Martingale simply don't work and is worse than betting everything on red and going home. Gambling should be considered as fun with luck. Every strategy would destroy you and your brain. Go, bet earn/loos have fun but don't thing that with special strategy you have chance to win repetitively and earn for living. Well you can but due to luck ... net math and strategy.

I agree! Gambling is a game of chance not a game of strategy. Even if you say you play a poker game which is also a game where you need to have skills in bluffing and reading your opponents body language, still if your opponent gets a better card than yours then no strategy or skill can beat that.

I disagree. You may have a better card in poker but that doesn't autimatically amount to a win. Experienced poker players can beat you even with superior cards. And for martingale, it's a short term strategy. It may not have worked for you but people have utilized that strategy to make a lot of money. A good strategy can always bail you out if you're out of luck.

[prtty2gal2]

Martingale strategy must work everywhere but it is also influenced by our luck factor because we cannot claim that there will be no chances for having continuous negative things to happen for us in real life too. It may happen or may not happen and no one could tell anything about that.

How a mathematical thing will be also influenced by our luck factor ? I mean what will be the relation between a mathematical thing and and our emotional thing ? Only martingale strategy will be influenced by our luck factor or all other strategies also ? I am asking this because I want to know only this strategy will not work for gambling or all other strategies also will not work for our gambling ?

In my opinion, when a strategy is a mathematical thing then it should not be influenced by our luck factor. Even it will be influenced by luck than it should not be a strategy it is just another way of gambling and nothing else.

[Tytanowy Janusz]

One idea came to my mind...

OP could you modify your application to check how many times in row roulette should give "red"

I'd like to see something like:

"roulette gave
1 red in row 35.752 times
2 red in row 12.258 times
3 red in row 4.659 times
4 red in row 3.215 times
...
15 red in row 24 times
16 red in row 5 times"

could you check it? Thanks in advance....

Sure ill code it but i need further informations. This program perform thousands of tests. Every one is similar to 1 gambler entering casino. You want my program to count combos in single test or sum in whole simulation (10 000 - 100 000 tests) or average? You want to test it in first strategy (play until death - if so what limit?) or in second (play until double or death).

[cryptovigi]

....
Sure ill code it but i need further informations. This program perform thousands of tests. Every one is similar to 1 gambler entering casino. You want my program to count combos in single test or sum in whole simulation (10 000 - 100 000 tests) or average? You want to test it in first strategy (play until death - if so what limit?) or in second (play until double or death).

I was wodnering what is probability distribution to draw one color repeated many times in a row in a given sample....

I thought that knowing this schedule I will be able to choose a system that will increase the probability of winning - for example, start after drawing black three (or maybe four or five) times in a row and then betting a few times red

I used excel spreadsheet to simulate one million draws and saw that shedule is quite simple

focusing on red i got such drowns
red one time  in row:        125.265
red two times in row:         63.066
red three times in row:       31.047
red four times in row:         15.562
red five times in row:           7.820
red six times in row:            3.870
red seven times in row:        1.915
red eight times in row:            920
red nine times in row:             481
...
red nineteen times in row:           1

so in any case, drawing a given color once again is close to 50/50 that means that my theory sucks - starting to bet when one color was already drawn severeal times rather won't rather increase the chances of winning

but you could still perform some simulation just to make sure if it has any influence on results....

[beerlover]

How a mathematical thing will be also influenced by our luck factor ? I mean what will be the relation between a mathematical thing and and our emotional thing ? Only martingale strategy will be influenced by our luck factor or all other strategies also ? I am asking this because I want to know only this strategy will not work for gambling or all other strategies also will not work for our gambling ?

In my opinion, when a strategy is a mathematical thing then it should not be influenced by our luck factor. Even it will be influenced by luck than it should not be a strategy it is just another way of gambling and nothing else.

Probably he meant that martingale strategy is employed by gamblers against the random number generation of gambling houses. It means if you're lucky enough then you will get your favorable numbers in house's random number generation. Due to this reason we are facing continuous losing streaks when we are using martingale strategy.

I agree with you that martingale strategy is providing gamblers a method to gamble against the gambling house. In this method, we need to compete against random number generations. In this part we must need luck so that we will not have long continuous losing streaks. Regarding in this part, martingale strategy has nothing to do.

[shield132]

When people were creating casino and offering games, it wasn't done blindly. There are a lot of mathematical things done to determine profit, maximeze casino's chance of win and decrease your. That's why casino always wins, you can't see any casino has gone bankrupt, not only casino, even sportsbook.
Btw new mydicebot has option of doing such tests.

[StarofBTC]

Btw new mydicebot has option of doing such tests.

This sounds interesting. What is your experience with dicebots ? Are you into profits or at least recovered some money you have spent for this bot (I assume it is not a free one). I just googled and finding many results regarding this dicebot but what I actually looking for this, more real gambler's review. Because that alone will help me to gamble better. If your time permits, kindly share your experience with mydicebot.

[perla]

If people ask does martingale work? Of course it works. But if the question is martingal give profit constantly? i will answer big no. Because like people said about  unlimited capital, you wouldn't know when bet site took all your money in 1 click.

[Ipwich]

If people ask does martingale work? Of course it works. But if the question is martingal give profit constantly? i will answer big no.

I don't understand, your statement is contradicting, if it works that means it's profitable.
We only need to know if it's profitable or not and there's no reason to discuss this method if this would not give us a profit based on expectation.

[Tytanowy Janusz]

but you could still perform some simulation just to make sure if it has any influence on results....

I get similar resoults from 100 mil rolls:

Code:

1 times in a row: 12826843
2 times in a row: 6241320
3 times in a row: 3036052
4 times in a row: 1473572
5 times in a row: 719091
6 times in a row: 349064
7 times in a row: 170951
8 times in a row: 83080
9 times in a row: 40392
10 times in a row: 19546
11 times in a row: 9581
12 times in a row: 4622
13 times in a row: 2253
14 times in a row: 1099
15 times in a row: 553
16 times in a row: 263
17 times in a row: 135
18 times in a row: 58
19 times in a row: 29
20 times in a row: 20
21 times in a row: 7
22 times in a row: 3
23 times in a row: 1
24 times in a row: 1
25 times in a row: 1

and second test:

Code:

1 times in a row: 12827925
2 times in a row: 6241473
3 times in a row: 3035673
4 times in a row: 1475769
5 times in a row: 720407
6 times in a row: 348755
7 times in a row: 170139
8 times in a row: 83273
9 times in a row: 40272
10 times in a row: 19610
11 times in a row: 9566
12 times in a row: 4553
13 times in a row: 2249
14 times in a row: 1120
15 times in a row: 547
16 times in a row: 234
17 times in a row: 142
18 times in a row: 70
19 times in a row: 31
20 times in a row: 15
21 times in a row: 6
22 times in a row: 3
23 times in a row: 3
25 times in a row: 1

Funny thing is that you win without fight in only 12% times. 88% times you need to fight for your win doubling.

for example, start after drawing black three (or maybe four or five)

Well I don't think it works like this. Starting after 3 reds (4 or 5) makes me feel that some magic force knows what was before your bet and in which combo we are currently. Its not like that. I consider this simulation that its probability of loosing x times in a row not rolling red x times in a row. You can switch from red to black to red and you still have the same (48%) propability of winning and loose x times in a row or stay with red with same propability and get black x times in a row.

[el kaka22]

We only need to know if it's profitable or not and there's no reason to discuss this method if this would not give us a profit based on expectation.

There would be plenty of reasons to discuss regardless of martingale will give us profits or not. On both the cases we must need to enlighten this community and definitely not on only on the case of profit making. I mean even it will not be profitable, we must need to enlighten this community to avoid wasting time and energy, which is the core reason why this community is here and working hard.

Like many gambler's review, martingale will be profitable for short term and when we keep pushing we may face long continuous losing streaks which may enforces us bankrupted. Use martingale for manual betting across accounts and sites. You may find yourself profitable.

[iMark]

Loss again. Even worst - 27% chances to double. That's because with higher limit you have to earn more to double. This simulation shows that Martingale simply don't work and is worse than betting everything on red and going home. Gambling should be considered as fun with luck. Every strategy would destroy you and your brain. Go, bet earn/loos have fun but don't thing that with special strategy you have chance to win repetitively and earn for living. Well you can but due to luck ... net math and strategy.

I agree! Gambling is a game of chance not a game of strategy. Even if you say you play a poker game which is also a game where you need to have skills in bluffing and reading your opponents body language, still if your opponent gets a better card than yours then no strategy or skill can beat that.

I don't think it's entirely true, some games need strategies to increase the chance to win. Even in dice some strategies can provide big profits. including martingel. because we know that losing continuously is a rare thing, so sometimes this strategy works

[Tytanowy Janusz]

I thought that knowing this schedule I will be able to choose a system that will increase the probability of winning - for example, start after drawing black three (or maybe four or five) times in a row and then betting a few times red

Well I don't think it works like this. Starting after 3 reds (4 or 5) makes me feel that some magic force knows what was before your bet and in which combo we are currently. Its not like that. I consider this simulation that its probability of loosing x times in a row not rolling red x times in a row. You can switch from red to black to red and you still have the same (48%) propability of winning and loose x times in a row or stay with red with same propability and get black x times in a row.

Well it would be unprofessional to leave it with just words. I code that and run simulation:

To compare i run regular simulation first.

Code:

Limit: 
10000
How manny tests
100000
When you want to quit?
20000
Casino lost with 34480 gamblers out of 100000. Each of them took home 20000$

same with playing after 3 black combo betting on red

Code:

...
Casino lost with 34340 gamblers out of 100000. Each of them took home 20000$

The only thing that change is simulation time. It was so long. 3 black combo has 3% probability (3 times in a row: 3035673 out of 100 mil). Means that you play only once per 30 rolls on average. You earn 1 $ per 30 min waiting. Means that this funny guy with 1 mil, who doubled in 28 years now would need 840 years.

[cryptovigi]

...
The only thing that change is simulation time. It was so long. 3 black combo has 3% probability (3 times in a row: 3035673 out of 100 mil). Means that you play only once per 30 rolls on average. You earn 1 $ per 30 min waiting. Means that this funny guy with 1 mil, who doubled in 28 years now would need 840 years.

So it wasn't good idea at all... I'm affraid that none of us have so much time to stay in casino  
by the way, waiting so long for the next betting would also be pretty boring... and took away all the fun out of the game

[Caladonian]

We only need to know if it's profitable or not and there's no reason to discuss this method if this would not give us a profit based on expectation.

There would be plenty of reasons to discuss regardless of martingale will give us profits or not. On both the cases we must need to enlighten this community and definitely not on only on the case of profit making. I mean even it will not be profitable, we must need to enlighten this community to avoid wasting time and energy, which is the core reason why this community is here and working hard.

Like many gambler's review, martingale will be profitable for short term and when we keep pushing we may face long continuous losing streaks which may enforces us bankrupted. Use martingale for manual betting across accounts and sites. You may find yourself profitable.

An open discussions basing from one gamblers experienced to another, we do have different positions but one thing in common, we all knew the
end effects when using it in the long process, this test simply gives an idea for newbies that still thinking to use this method, giving them possible
outlook by providing each of us points and opinions.

Experienced will determined what can be the end results from different people who's going to use this method.

[Naida_BR]

If people ask does martingale work? Of course it works. But if the question is martingal give profit constantly? i will answer big no. Because like people said about  unlimited capital, you wouldn't know when bet site took all your money in 1 click.

Martingale is a tool for casinos in order to make more money and promote that "The house always wins".
If you read some statistical surveys you will understand that as much as you play you are more vulnerable in losing your funds. Martingale promotes this statistical model and shows that it doesn't work at least in a long term period.

[Ipwich]

If people ask does martingale work? Of course it works. But if the question is martingal give profit constantly? i will answer big no. Because like people said about  unlimited capital, you wouldn't know when bet site took all your money in 1 click.

Martingale is a tool for casinos in order to make more money and promote that "The house always wins".
If you read some statistical surveys you will understand that as much as you play you are more vulnerable in losing your funds. Martingale promotes this statistical model and shows that it doesn't work at least in a long term period.

The martingale will destroy your bankroll because you are increase your bets, it's risky compared to flat betting.
However, I don't agree with your statement that it was promoted by casino to make more money, even before crypto casino
is invented, the martingale method was already here, the difference is in a casino, there's a house edge so no strategy would work.

[xvids]

Martingale would also burn you out if you don't know how to control yourself,
Yeah martingale could give you profit but it doesn't guarantee that you wouldn't lose,
You must set some limits to know when to stop.