Does Martingale strategy increase your chance of winning?

[doomistake]

Yes, I think so, not just martingale but all strategy can increase your winning percentage but can't guarantee you a positive profit before leaving especially in the long run of playing. Martingale is called by some as martinfail because of many unsuccessful plays but it really works. You just need to know when to stop and change your side but the fact is, you can't.

Gambling strategies are more like debt traps to me, yeah it will helps you win sometimes, and as the days goes by, it will gives you a mindset that relying on it would help you to earn huge profits every time, you just have to try all of them(if you still have money, lol) Most of the new comers in gambling have this mindset, it also happens to most of us the first time we play gambling but lucky for those who managed to get out while it is not too late.

Imagine yourself having so much debt in your family, friends, also in banks because of your addiction in gambling, because you believe in such pitiful scam strategies.

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[deisik]

I don't see how it increases your chances of winnning. Martingale strategy simply doubles your bet until you hit a win. It is a very risk strategy because it can eat your capital quickly. No one knows how many losing streak you'll have before you win. I've tried it many times and I failed. Now when I play at dice sites my betting style is random depending on what I want that time.

It does not increase your chances of winning. The Martingale Strategy is not built for it. It is designed to recover all your previous losses in a single roll of a dice or toss of a coin or whatever depending on your game

Running martingale in this manner is likely not worth it

With this setup you are basically risking everything (as always) but only cover your losses after you hit a win. In my opinion, a better approach is the one where you not only get back what you lost at previous rolls but also earn as much. This is how I use martingale myself. Indeed, that makes the losing streak shorter and that you should make up for by adjusting other settings in your setup. If you use this approach, you will be able to take advantage of variance, which is impossible when you just cover your losses and earn only some fixed amount (like 1 satoshi or whatever)

I am using it in a very limited manner though. I limit the succession of Martingale strategy partly because I only have very limited funds and in a random game such as dice it is always possible to lose 10 times in a row

10 times in a row is neither big nor small on its own as that depends on your win chance which you don't specify

[Darker45]

I don't see how it increases your chances of winnning. Martingale strategy simply doubles your bet until you hit a win. It is a very risk strategy because it can eat your capital quickly. No one knows how many losing streak you'll have before you win. I've tried it many times and I failed. Now when I play at dice sites my betting style is random depending on what I want that time.

It does not increase your chances of winning. The Martingale Strategy is not built for it. It is designed to recover all your previous losses in a single roll of a dice or toss of a coin or whatever depending on your game

Running martingale in this manner is likely not worth it

With this setup you are basically risking everything (as always) but only cover your losses after you hit a win. In my opinion, a better approach is the one where you not only get back what you lost at previous rolls but also earn as much. This is how I use martingale myself. Indeed, that makes the losing streak shorter and that you should make up for by adjusting other settings in your setup. If you use this approach, you will be able to take advantage of variance, which is impossible when you just cover your loses and earn only some fixed amount (like 1 satoshi or whatever)

The Martingale Strategy refers to that strategy in gambling in which you double your bet every time you lose, right? This means that you are not only covering your previous loss or losses but also winning the amount of your first bet. Using the Martingale Strategy, if you place 1 mBTC bet on your first roll and you lost, you will place 2 mBTC in your second roll. If that wins, you will have a total of 4 mBTC. So, that effectively covers your 1 mBTC first loss, your 2 mBTC second roll bet, and 1 mBTC winning.

The Martingale Strategy is designed not only to quickly recover losses, although essentially it is primarily designed for it, but also to make profit.

I am using it in a very limited manner though. I limit the succession of Martingale strategy partly because I only have very limited funds and in a random game such as dice it is always possible to lose 10 times in a row

10 times in a row is neither big nor small on its own as that depends on your win chance which you don't specify

I refer to x2 or 50% chances of winning. That is the default for me. Martingale seems a bit unreasonable if you are setting it at 90% or 2% chance of winning.

[ReiMomo]

I don't see how it increases your chances of winnning. Martingale strategy simply doubles your bet until you hit a win. It is a very risk strategy because it can eat your capital quickly. No one knows how many losing streak you'll have before you win. I've tried it many times and I failed. Now when I play at dice sites my betting style is random depending on what I want that time.

It does not increase your chances of winning. The Martingale Strategy is not built for it. It is designed to recover all your previous losses in a single roll of a dice or toss of a coin or whatever depending on your game

Running martingale in this manner is likely not worth it

With this setup you are basically risking everything (as always) but only cover your losses after you hit a win. In my opinion, a better approach is the one where you not only get back what you lost at previous rolls but also earn as much. This is how I use martingale myself. Indeed, that makes the losing streak shorter and that you should make up for by adjusting other settings in your setup. If you use this approach, you will be able to take advantage of variance, which is impossible when you just cover your loses and earn only some fixed amount (like 1 satoshi or whatever)

The Martingale Strategy refers to that strategy in gambling in which you double your bet every time you lose, right? This means that you are not only covering your previous loss or losses but also winning the amount of your first bet. Using the Martingale Strategy, if you place 1 mBTC bet on your first roll and you lost, you will place 2 mBTC in your second roll. If that wins, you will have a total of 4 mBTC. So, that effectively covers your 1 mBTC first loss, your 2 mBTC second roll bet, and 1 mBTC winning.

The Martingale Strategy is designed not only to quickly recover losses, although essentially it is primarily designed for it, but also to make profit.

Sorry for interfering, that is right. But this is strategy for me is very risky and needs more capital to bet on. What if you had been a result of negative in one row. Recovering lose or losses is just like chasing money that you wanted to cover but sad to say there's nothing good luck. Martingale Strategy is not advisable for me, nothings happen if you continue using it. Just a piece of advice based on my opinion.

[bering]

But I think Martingale strategy will really work if you have limits and can control your emotion.

For example, let's say you use the Martingale strategy but you has only limit for how many rolls a day or an hour.

And also has the stop loss, for example if you streak some x(number) rolls. That will happen kindly you will reset your bet amount to some basic or reduce it, something like that.
Anyone already tried it?

I have already done it before that i was set limit of rolls during use this strategy so basically if you were reach your limit of rolls then you can reset it and back to your initial bets but it wouldn't even better because sometimes we facing 10 or more consecutive lost and eventually you will lost all of your money so for me your method only just can made me gambling last a little longer but it don't have any effect for the results

[deisik]

I don't see how it increases your chances of winnning. Martingale strategy simply doubles your bet until you hit a win. It is a very risk strategy because it can eat your capital quickly. No one knows how many losing streak you'll have before you win. I've tried it many times and I failed. Now when I play at dice sites my betting style is random depending on what I want that time.

It does not increase your chances of winning. The Martingale Strategy is not built for it. It is designed to recover all your previous losses in a single roll of a dice or toss of a coin or whatever depending on your game

Running martingale in this manner is likely not worth it

With this setup you are basically risking everything (as always) but only cover your losses after you hit a win. In my opinion, a better approach is the one where you not only get back what you lost at previous rolls but also earn as much. This is how I use martingale myself. Indeed, that makes the losing streak shorter and that you should make up for by adjusting other settings in your setup. If you use this approach, you will be able to take advantage of variance, which is impossible when you just cover your loses and earn only some fixed amount (like 1 satoshi or whatever)

The Martingale Strategy refers to that strategy in gambling in which you double your bet every time you lose, right? This means that you are not only covering your previous loss or losses but also winning the amount of your first bet. Using the Martingale Strategy, if you place 1 mBTC bet on your first roll and you lost, you will place 2 mBTC in your second roll. If that wins, you will have a total of 4 mBTC. So, that effectively covers your 1 mBTC first loss, your 2 mBTC second roll bet, and 1 mBTC winning

Yes, you double your bet on each loss

But you are free to set the payout factor (i.e. your win chance) as you see appropriate. In your setup specifically (if I got it right), no matter how long your losing streak might be, you will always be earning the same 1 mBTC. Personally, I use this system in a different way. I more or less double my bet at each loss (the setup I'm currently running at wolf.bet uses the increase of 120% as of now, i.e. it is a little more than double), but I set the win chance to 37%. So the longer the losing streak, the more I win when it finally ends. In this manner, I give some leeway to variance, which is impossible with the classic martingale

I am using it in a very limited manner though. I limit the succession of Martingale strategy partly because I only have very limited funds and in a random game such as dice it is always possible to lose 10 times in a row

10 times in a row is neither big nor small on its own as that depends on your win chance which you don't specify

I refer to x2 or 50% chances of winning. That is the default for me. Martingale seems a bit unreasonable if you are setting it at 90% or 2% chance of winning

Then 10 consecutive losses are in fact nothing out of the ordinary. You will encounter it within just a few hours (maybe, even within an hour of active or automatic betting). Regarding chances like 90 or 2 percent, I have yet to look deeper into such setup (some strange things start to happen at lower chances which I can't explain statistically)

[efrenbilantok]

No, it's just a strategy to cover up your loss by doubling the amount of your bet from what you lose,

And no matter what strategy you use in hi-lo or dice, that chances will always be 50/50 minus the house edge,

[maydna]

But, that is funny when someone share their strategy in this forum and when people see it, it is martingale strategy. Maybe that person get win on their first time and not feel lose yet. But, back to gambling's nature, it is luck game and if luck not on our side anymore, we can end with empty our money. But what make it funnier, someone who use martingale and then sell their strategy. 

It is true. When using the martingale strategy, I guess people are having different experiences, so that is why people keep sharing about their strategy. But be careful if you want to use this strategy for a long time because there is no guarantee you can get the win. After all, you should not use too big money using any strategy, so you don't have to feels bad about losing the money. And yes, that is funny if someone says that he's got a big winning with this strategy, but that is possible if he has luck.

No strategy strategy in gambling about bankroll management that will make gamblers wins all the time, martingale is just part of the strategy that will make you loss as losing streak is possible, what you just need is to improve your guessing skills because if you win more you will certainly make more money, provided you have the discipline to manage your funds

martingale with big money is bad, it might only bust you when you are too unlucky, and that might cause big regrets, believe me.

Whatever money that we used to gamble, martingale only need time to take out all money. Maybe it can be used, like what you above me said, need discipline or maybe strong heart to know when to out from gambling, like when win and then don't play again. Just withdraw our money and back when want to play gambling again.

Both of you are right. It's only a matter of time before we lose all of the money. All gamblers can use that strategy, but we need to remind that any strategy that we used doesn't guarantee us to win, especially to make the most winning. Discipline can help us to prevent the loss, and that will work well with controlling the money we used so we can avoid losing the money in one day. Improving the skills in gambling can be a solution, but we need to remember that we always need the luck to win.